With this week’s Mid-Week Commentary emphasizing the underlying weakness in small caps, it is clear that participation and Demand intensity must improve in the smaller market-capitalization segments to improve the broad market’s outlook. Therefore, it is important to monitor the Lowry Industry Groups with the highest number of small-cap stocks within them to determine if there are any signs of bottoming or at least significantly improving conditions. As a result, this week’s Industry Group Commentary examines the two Groups holding the highest number of small-cap stocks in Regional Banks and Bio-Genetics. While both Groups rank among the lowest in overall Power Rating as pictured below, a closer look is still required to determine if positive divergences exist.
Lowry Weekly Industry Group Commentary
20 April 2023
Want to learn more? Download the Report.
Technical ResearchGiving you confidence to navigate any market cycle.
Lowry Market Trend Analysis
Struggle of price indexes to make headway after highs in November/early December 2022...Read more