Stocks Make New Highs With Small-Caps And Tech Leading The Way

Profit from the Pros Stocks Make New Highs With Small-Caps And Tech Leading The Way The markets ended mostly higher yesterday. But the Russell 2000 Small-Cap Index and the Nasdaq were the big stars with each one making new all-time highs. The gains over the last few weeks have been broad-based. But small-caps and tech have really outperformed. As you know, we've been super bullish on small-caps in particular, expecting them to take the leadership position in this next leg up. And that's exactly how it's been playing out. The best part is that it has only just begun! In other news, retail sales via the Redbook report showed full-month, y/y sales gains at 4.1%. Analysts noted this was the "second strongest reading of the year." The PMI Service Index rose again with a print of 56.8 vs. last month's 54.6 and views for 55.7. Rising backlogs and output, which are both at 3-year highs, were cited as standout components in the latest report. New orders as well, which are just off of a 3-year high. That report was underscored by the ISM Non-Manufacturing Index which came in at 58.6 vs. last month's 56.8 and estimates for 58.0. "Month-to-month growth across all 18 sectors tracked" was highlighted. And like the PMI report, "rising backlogs are a consistent theme." Once again, another round of stellar reports that point to an accelerating economy. And that's why stocks again are breaking out to new highs. See you tomorrow, Kevin Matras Executive Vice President, Zacks Investment Research Sponsor [Vanguard's 13 Most Powerful Funds]( A small group of Vanguard funds outperform Vanguard's most popular funds by a whopping 226%. Hold just a few of these 13 funds in the proper mix and you could triple your Vanguard profits. Which few? Mixed how? It's all in a new report, YOURS FREE! Discover the 13 high-powered wealth builders that work together to give you 226% more profits. Details in your FREE report! [Download here:]( Most Popular Articles from Zacks.com [Winning Stock Picks from the Top 5 Industries with the Biggest Job Growth]( We cover how to find winning stock-picking ideas in the government's 'boring' economic reports. [Read More »]( [Russell 2000's Bull Run Continues: 5 Top Small-Cap Picks]( Small-cap stocks generally remain immune to external disturbances, making them lucrative investment options in a volatile market. [Read More »]( [6 Impressive Stocks With a Significant Net Profit Margin]( Stocks with handsome net profit margins can contribute to making a winning portfolio. [Read More »]( [5 Stocks to Buy at 52-week High as Markets Rally]( The 52-week strategy borrows from Momentum investing with the basic idea of "buy high and sell higher". [Read More »]( [4 Top-Ranked Nasdaq Stocks That Have Doubled This Year]( The rally in the technology sector was driven by the resurgence of FAAMNG stocks and the strength in chipmakers. [Read More »]( Sponsor [Free Book: Finding #1 Stocks]( [Finding #1 Stocks Report] Today you can claim a copy of Finding #1 Stocks by Kevin Matras (a $49.95 value) free of charge. This 300-page hardbound book unfolds almost every stock-picking secret from the Zacks system that since 1988 has more than doubled the S&P 500 with an average gain of +25% per year. You can take full advantage of that system without attending a single class or seminar. Opportunity ends Sunday June 10. [Learn more now >>]( [Bull Of The Day: Tesla (TSLA)]( A monster short squeeze is right around the corner as the bears give up and are forced to buy the stock at much higher prices. [Read More »]( [New Zacks Strong Buys for June 6th]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( [Customize Your Profit from the Pros Delivery]( Connect with Us: [Facebook]( [Twitter]( [StockTwits]( Contact Info: Phone: 1.800.767.3771 ext. 9339 Email: [support@zacks.com](emailto:support@zacks.com) [Terms]( | [Privacy]( | [Unsubscribe](