From a 40%-plus year-over-year in late Dec 2013, the Russell 2000 small-caps index has just hit a crucial milestone to trade negative year-over-year.
This is the first time since mid-2012 that small-caps have been under-water year-over-year and what saved them then was the promise of QE4EVA…
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While Trannies are still up over 11% year-to-date, Russell 2000 is now down over 6.8% and The Dow is rapidly heading red YTD…
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How far can it go?
via Zero Hedge http://ift.tt/1tkronO Tyler Durden