Internet Bubble: Streak and Index

internet bubble: That the longest such streak since the 12-day stretch ending June 5, 2003, which was three months after the final bear-market bottom following the popping of the internet bubble, according to Market Watch. The index had soared 13.2% the first 10 days of the current streak, the best performance for a 10-day win streak since the index inception in July 1987, according to Sundial Capital President Jason Goepfert. The Russell 2000 index RUT, 0.47% of small-capitalization companies surged 0.5% to close Friday at a record high, and to extend its win streak to 11 sessions. In comparison, the Dow Jones Industrial Average DJIA, -0.19% climbed 5.4% over the same time. Therefore, many market watchers view Russell 2000 outperformance as bullish for the broader stock market, because it suggests investors have become more risk acceptant, and open to buying stocks of all sizes. Prior to Trump win, the Russell 2000 had been up 1.8% year to date, while the Dow was up 2.9%. Fact Set Caption outside of wrapper for normal article images Small-cap stocks tend to be less liquid than large caps, so are seen as more risky. (news.financializer.com). As reported in the news.