New markets bring new leaders.
Market watchers are increasingly looking to small stocks to usher the rest of the market out of its current funk. For starters, earnings for mid-size companies have held up better than profits for small caps during this economic slowdown. Also, small stocks tend to outperform large ones as the economy emerges from a downturn, not as it enters one. He's made a wreck of tech, and now investors worry how much more he'll eat before he's done. Last week's market slide, one of the worst, might be one of the last.