INDEX PICKERS MARKET

Chatter on CNBC about the recent jig of the midcaps. Yes, they are outperforming all the major market indexes.

Here is how other indexes/sectors/stocks have done for this year as of 2/6/07. What is pretty clear and consistent with the last several years is that if you just buy large caps, you will underperform, except of course against large caps.

Also, note the DJIA is about 15 points below its all time high and the SPX hit a new post bubble (March 2000 at 1,553) high today at 1,450. Just imagine if the journalists at CNBC veered off the big caps and started looking where the real action is:

Mid Caps- +5.3% (9% in 2006)

Small Caps +2.9% (17% in 2006)

Large Growth +2% (6.5% in 2006)

Large Value +1.6% (19% in 2006)

Small Growth +4.8% (8.5% in 2006)

Small Value -1.1% (23% in 2006)

Wilshire 5,000 +2.7% (13.9% in 2006)

SPX +2.1% (13.6% in 2006)

DJIA +1.6% (16.3% in 2006)

OEX +1.3% (15.9% in 2006)

NDX +2.1% (6.8% in 2006)

NAZ COMPQ +2.3% (9.5% in 2006)

MSH FLAT (8.8% in 2006)

SMH +1.7% (-8.2% in 2006)

HHH (internets) +6.5% (-20.4% in 2006)

IAI (brokers/exchanges) +6.7%

ITA (aero/defense) +6.2%

MGM +25.7% (56.4% in 2006)

SSRI +13.1% (100.4% in 2006)

BKX +1.3% (13.2% in 2006)

TRAN +7.8% (8.7% in 2006)

HGX (homebuilders) +7.8% (-9.1% in 2006)

GS +7.7% (56.1% in 2006)

GOOG +2.4% (11% in 2006)

AAPL -.8% (18% in 2006)

CME +13.6% (38.7% in 2006)

ICE +32.6% (197% in 2006)

MSFT -1.2% (14.2% in 2006)

GE -2.4% (6.2% in 2006)

C -1.3% (14.8% in 2006)

XOM -1.5% (36.4% in 2006)

VLO +8.3% (FLAT in 2006)

OIH FLAT (8.4% in 2006)

XLE FLAT (16.5% in 2006)

IYR (reits) +11.8% (30% in 2006)

XRT (retail) +5.4%