Comparing Cap Tiers

I wrote a piece over at about cap tiers, comparing the 2007 market top to what we're seeing now.

At this point, both the large cap (black) and mid cap (purple) indexes have broken to new closing highs, while small cap stocks (green) have yet to do so.

cap tiers 2017-12-21.png

For the full article on gauging market breadth using cap tiers, head over to


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