Almost Half The Russell 2000 Members Are In A Bear Market

Tyler Durden's picture

With market internals dismally weak and 967 of the Russell 2000 index's members down over 20% from their highs (a bear market), the question is: how long can they maintain the status quo thanks to a handful of big blue chips as levered longs attempt to stay solvent?

 

Almost half the small caps are now in bear market territory... with the average member down 24%! (only 10% of the S&P is down over 20% so far but the average member is down 9% from its highs)

 

But it's clear which way the money is flowing....

 

and who is selling... and who is being sold to... as Institutional clients are dumping equities off to retail clients... thank you very much...