The Carnage Beneath the Surface
While it was another banner year for the big boys, smaller cap performance left quite a bit to be desired in 2021. A few underperformers on my watch list.
After a couple uncomfortable declines following failed breakouts of resistance throughout December, we finally got our "Santa Rally" to close the year in the broad market. Better late than never I suppose. Last week the S&P 500 printed a new intraday all time high at 4,808 before turning slightly lower and closing the year at 4,766.
The 27% gain for the …
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