FYI: Biotechs and banks continue to pace gains with the smallest cap stocks also up huge. Other small cap stocks (S&P 600 and Russell 2000 variations) have been doing well too. A surprising gainer has been retail, up 9% over the past five sessions. Meanwhile emerging markets have been absolute demolished. Mexico, Brazil, and South Africa are all down over 13.5%. EM, gold, and long-term bonds have also gotten hit hard.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-fixed-income-currencies-and-commodities-111416/
