Year End Mid Term Election Year Rally Underway. Small & Mid Cap Stocks Leading.

The strong mid-term election year end rally is underway.  Small-cap (IWM) and mid-cap (MDY) ETFs have taken the lead.

S&P 400 Mid Cap Index Is The Intermediate Term Winner

No one would have guessed in 2009 that the S&P 400 Mid Cap Index would lead as it has post financial crisis. The charts speak for themselves.  Visit www.chartoftheday.com for more great charts.

QQQ Continues To Lag S&P 500. PerfChart QQQ SPY EEM XLF IWM MDY FDN IBB XIU

Mega cap tech stocks (QQQ) have been lagging the S&P 500 for most of the year, largely due to the poor performance of a few big names (i.e. AAPL, MSFT, INTC).  Biotechnology (IBB), on the other hand, is way out front.