Big vs. Small Cap strength as of 2023-05-23? (FAAMNNG included)

Brian Degracia

24 May 2023 • 1 min read

Small caps showed broad strength last week - is the well-publicized narrow breadth coming to an end?

A different look at big vs. small caps that you won't find anywhere else. FAAMNNG Very Strong, other big caps (S&P500) are Average as small caps lag BUT may be starting to flex based on this past week. Will this continue? Other notes - GE doing well and not getting any press. Semis making a statement, based on 9 "Strongest" in the NDX. Excruciating detail in the document linked below, yellow highlights offer summary relief. Immediately below: a summary.

FAAMNNG stocks are Very Strong with the Big Caps and Non-FAAMNNG only Average, though they all strengthened last week. Small Caps also strengthened and brings up the rear as Weak - but if this continues the feared narrow breadth issue may fade.

*FAAMNNG is Meta (formerly Facebook), Amazon, Apple, Microsoft, Netflix, Nvidia, and Alphabet (formerly Google).

SMO Big Small Cap 2023 05 23

SMO Big Small Cap 2023-05-23.pdf

4 MB

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