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Monday, November 19, 2012

Small-Caps & Techs Greatly Weigh Down Markets

Technology and small-cap stocks are weighing on the market greatly both representing high-beta and high risk and as illustrated below, 
"risk-off" continues unabated. Clearly below, we see that only the New York Composite $NYA is the only index that is outperforming $SPX. 

Chart created by StockCharts.com

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