SNAP Gaps and SPYR Settles Down - Small Caps Lag While the DOW Leads
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Another day another dollar. Equities are once again clawing their way back, and the Big DOW is leading the charge for the 10th consecutive day in a row. Pretty novel considering the last eight years of tech leading, while everything else takes a back seat.
Is this a long-term trend developing? Actually, I hope so, but I'm not sure that's going to end up being the case. I say I hope so, because it would be nice to see the tangible take precedence over the intangible. But, the reality is we live in a technology world now - one that's literally going to be the ultimate demise for the blue collar American - or one that's going to help support their families and goals in an ever changing business world and society.
Honestly, that's a little personal op-ed, however, the truth is balance will likely prevail. In other words, our economy here at home has become too technologically centric, so a modest return back to the more tangible is probably inevitable. Industrials, transportation and many other similar sectors are finally starting to get some love, so the bottom line is it's all good to see in the grand scheme of things.