1. Small Caps Lag In 4^th Quarter

Now is not a good time to be actively investing in small-cap U.S. stocks. That’s because small-caps typically lag their larger counterparts during the fourth quarter. 

Take a look at the accompanying chart, which plots the average monthly return advantage that the smallest stocks have over the largest. (The exact definitions of these two hypothetical portfolios are provided on the website maintained by Dartmouth College professor Ken French.)

1. Carvana Used Cars….Covid Low $20……$226 Last.

CVNA Chart

1. Speculators/Traders Are Most Bearish on Nasdaq 100 in 12 Years.

1. September….Nasdaq 1% Move Everyday So Far.

1. Total Retail Sales Thru Financial Crisis and Covid……..Versus Total Department Store Sales.

Wolf Street