Our Microcap Stock Index falls 3.6% for its worst week in months
The Bowser Microcap Stock Index ended its two week up streak by closing Friday at 496.16, or 3.6% lower than the previous Friday's close of 514.54. The Index was down each day, falling 2.4% on Tuesday (03/19) and another 0.8% on Thursday. See the chart below for a visual representation.
Compared to major indexes, the Bowser Index was at the bottom. However, each index was down slightly. The Dow Jones led the way with just a 0.001% step back. The largest loss for a major index was the Russell 2000 (-0.7%), hinting at a slower week for smaller stocks.
The other major indexes were as follows:
- Dow Jones Industrial Average (^DJI)--DOWN 0.001%
- NASDAQ Composite (^IXIC)--DOWN 0.1%
- S&P 500 (^GSPC)--DOWN 0.2%
- Russell 2000 (^RUT)--DOWN 0.7%
There were no changes to the Index's companies this week.
For more information on the Bowser Microcap Stock Index, purchase our Bowser Database, which is updated monthly and includes details on the weighting of each company. Also, we have a sheet that shows all the changes that we have ever made to the Index available upon request.
The Bowser Report is a monthly financial newsletter that specializes in small stocks trading for $3/share or less. Our goal is to provide the individual investor with relevant information on microcap stocks. Each month, we recommend a new company, provide information on past recommendations and report news surrounding the microcap marketplace.
Become a member of The Bowser Report now for just $59/year!
Information in this blog post contains references to past Bowser recommendations. This blog post contains no recommendations, and instead relies on data gathered on past recommendations from sources thought to be reliable.
Leave A Comment