Wednesday, November 18, 2009

More Large Cap Outperformance Among U.S. Stocks

Once again, we're seeing evidence of large caps outperforming other indexes and market sectors. The Dow Jones Industrial stocks (DIA; top chart) have been roaring to new bull highs, even as Russell 2000 issues (IWM; second chart from top) remain below their September and October peaks.

Meanwhile, regional banking stocks (KRE; second chart from bottom) and homebuilding shares (XHB; bottom chart) remain notable sector laggards in the wake of continued concerns over commercial and residential real estate markets.