Ellis Vance
Small-Cap Markets Correspondent
Ellis covers the daily tape in small- and mid-cap equities for The SmallCap Signal, with a focus on index moves, breadth, and the catalysts driving outsized single-day swings.
Articles by Ellis Vance
Movers
Earnings Season Bites: OppFi and Purple Innovation Sink on Guidance Cuts While Plug Power and Riot Rally
Second-quarter results drove sharp two-way moves in smaller stocks Tuesday, with guidance cuts punished severely and beats rewarded with double-digit gains.
Movers
Record Quarters, Red Screens: Rocket Lab and Coherent Slide While Teradyne Pops on $1 Billion Credit Line
Rocket Lab posted record revenue and a record backlog and still fell, Coherent extended a brutal pre-earnings slide, and Teradyne jumped after securing fresh borrowing capacity ahead of Wednesday’s CPI report.
Small Caps
As Money Rotates Out of Megacap Tech, Stock Pickers Hunt in Pumps, Chip Suppliers and Water
The Russell 2000 outperformed again Tuesday while the Nasdaq lagged, and screens of rotation candidates point to unglamorous industrial and infrastructure names rather than the usual momentum favorites.