Early Update – Mega Caps Lag By 150 BP
11:29 a.m. ET Most of the averages are hovering around unchanged to start the week with some key data (CPI / FOMC) coming up. This morning NASDAQ-100 has a small edge over Small Caps. Last week the mega-caps slightly outperformed the cyclical/defensive sectors. I suspect this was the December/year end window dressing I mentioned in…
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