Smallcaps continue to ouperform largecaps. We had identified this a few months ago and let us see the updated chart.
The chart shows the outperformance of smallcaps vs largecaps in the US. The smallcap index is at an all time high and the momentum looks strong.
As we can see in the above chart of the Smallcap ETF IWM, the monthly MACD has given a buy signal sometime in summer from below the 0 line. This rally could just have started, and not be in a bubble as many people think.
In India, the smallcap index yet has to conquer its 2018 highs.
Once we conquer the ATH, it is fresh unexplored territory. The next few years should be interesting to be invested in small and midcaps.