Friday, December 4, 2009
Small cap stocks (as measured by the Russell 2000 ETF) outperformed other capitalizations this week. The markets again posted across the board gains except for bonds and gold. Small cap stocks generally lead the market higher in the initial stages of an economic recovery however restricted credit has limited growth in this area thus far.
Utilities posted strong gains reflecting hopeful economic data.
Airlines shined in recent days as traffic numbers were improved and again, signs of an improving economy and lower oil prices resulted in double digit gains for AMR and Southwest Airlines (LUV)