The S & P Midcap ETF (NYSE: MDY) is quietly moving ahead of
the Dow Diamonds (NYSE: DIA) and the Russell Small Cap ETF (NYSE:
IWM).
Chart Courtesy of StockCharts.com
One day doesn't make a trend, but all trends start by something
that happens on one day. So we may be at one of those moments in
the market, as the midcap stocks rose while the big caps and the
small stocks were flat on 1-6-2010.
Midcap stocks tend to provide the best of both worlds at one time or another.
The companies are small enough to be nimble, and the stocks are small enough
to where smaller amounts of money moving into them can move the price higher.
That means that they can be excellent vehicles to trade during momentum runs
in the market. If we're correct, this is one of those times. And the action in
MDY is starting to confirm our observations.
That means that it's worth keeping an eye on and considering MDY at this time.
Of course timing is everything and tomorrow's employment report is a good reason
to be patient. Yet, it seems as if midcap stocks are starting to offer some opportunities.
Make money if any market rises or falls, with a copy of "Market Timing For Dummies."
“Futures And Options For Dummies,” Dr. Duarte’s
latest book is now available. The markets are responding to news
and geopolitical developments like never before. In this environment,
individual investors need to expand their investment horizons. "Futures And Options For Dummies " (John Wiley & Sons)
has an excellent section on oil futures as well as the currency markets,
while covering and expanding on the successful strategies in Doctor
Duarte's other books. Order your copy today.
Doctor Joe Duarte's Market I.Q., offers subscribers a unique blend of intelligence, market commentary and trading strategy. Duarte's daily articles, and news summaries offer recommendations and analysis for ETFs, and individual stocks in the technology, health and biotechnology, and energy sectors. Doctor Duarte is a writer, and an emerging futurist, with a diverse background, and a growing audience. His combined expertise in health care, energy, and the effects of politics and global intelligence on the financial markets offer a unique blend of insight and information to thousands of active investors and political and intelligence aficionados around the world on a daily basis.
He is the author of four books: "Futures And Options For Dummies," "Successful Energy Sector Investing," "Successful Biotech Investing" and co-author of "After-Hours Trading Made Easy."
In early 2001 Dr. Duarte in "Successful Energy Sector Investing," correctly predicted that Venezuela's political problems could lead to an energy crisis in the United States.
In 2003, also Dr. Duarte was among the first to widely publicize the long-term friendship between French President Jacques Chirac and Saddam Hussein.
He has also appeared as a weekly guest on Market Mavens Radio, has logged appearances on KNX radio in Los Angeles, Financial Sense.com radio, and Wall Street Radio.
One of CNBC's original Market Mavens, Dr. Duarte has been writing about the financial markets since 1990.
His articles and commentary have been featured on CBS Marketwatch, Barron's, Smart Money, Medical Economics, and in Technical Analysis of Stocks and Commodities magazines.
In 2003, Doctor Duarte received second place, in the professional section, of the Medical Economics Investment Challenge with a 12-month return of 42%.
Joe-Duarte.com is independently operated and solely funded by subscriber fees. This web site and the content provided is meant for educational purposes only and is not a solicitation to buy or sell any securities or investments. All sources of information are believed to be accurate, or as otherwise stated. Dr. Duarte and the publishers, partners, and staff of Joe-Duarte.com have no financial interest in any of the sources used. For independent investment advice consult your financial advisor. The analysis and conclusions reached on Joe-Duarte.com are the sole property of Dr. Joe Duarte.
| 
