Hurd on the Street, April 2015
The stock market since our last article has added to its recent gains lead by strength in the Russell 2000 Growth Index and the NASDAQ Composite, each making all time new highs over the last couple of weeks. This suggests that the small cap segment of the market, which is our specialty, remains the place to be for the time being after a year of underperformance in 2014. One of the driving forces behind the move towards smaller companies is that with the U.S. Dollar up dramati