PRE MARKET BAM

Futures markets are trading lower on the heels of the Fed 2:15 announcement. Not sure what has folks excited, oh yeah, the one or two words in the statement they may be slightly altered.

Anyhow, checking the recent performance of the markets, the biggest caps are definitely taking the baton from the small guys even though the small cap growth category is up about 12% on the year. The problem with the small caps - value; small cap value is now flat on the year. The big caps seem like they make new highs almost every day while the small caps still trade at/near the February highs.

And for those wondering about the after market activity in BAM- yes, Cramer finally discovered it yesterday and said:

Brookfield Asset Management (BAM) : "This is a stock I discovered on Sockpickr.com. ... This could be the next Warren Buffett stock. Do the homework. Check the site. But I am liking what I see."