• What the Democrats have done over the past week has been masterful.  (It just seems like Nancy Pelosi outmaneuvered Barak Obama.)
  • We saw another day where investors rotated out of tech and into small-cap stocks yesterday.  However, how many people realize that the S&P 500, the NDX Nasdaq 100…AND the Russell 2000…have all declined over the past seven trading days?  This raises questions about how long the small cap space can hold up if (repeat, IF) the tech stocks continue to decline.

 

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