– Small caps have been very strong this year. In fact, the Russell 2000 Index has closed higher 8 consecutive weeks for the first time since 2013.
– This rare event may signal surprisingly bullish future equity returns, as the S&P 500 Index has closed higher six months later each of the past 9 times.
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Source:
LPL Research, FactSet 06/25/18
Important Disclosures:
* Indicates current win streak is still active.
The Standard & Poor’s 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
Investing involves risks including possible loss of principal.
The Russell 2000 Index is an unmanaged index generally representative of the 2,000 smallest companies in the Russell 3000 index, which represents approximately 10% of the total market capitalization of the Russell 3000 Index.
All indexes are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment.
Past performance is no guarantee of future results.
The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security.
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