Small caps continue surging with EES, IJS, IWN, IWM, IJT, IWC, IWO, and DES all ripping higher over the past week. If you’ve been long small-cap stocks, it’s been almost impossible to be wrong.The dollar has been strong over the last few days, and the biggest declines of the ETFs we track have been in yen, sterling, gold, and euro. Bonds continue to underperform as well.

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