Small-Cap and Consumer ETFs Reasserting Themselves
September 09, 2013 at 11:11 AM EDT
ETFs tracking economically-sensitive sectors such as consumer discretionary and small-cap companies are trying to lead the market, which is a bullish technical sign. In U.S. small-caps, the iShares Russell 2000 (NYSEArca: IWM) has found support at the 50-day moving average, just as it did in April...