Large and small cap stocks had a good week, thanks to a big rally on Friday. The Russell 2000 (RUT) was up by 0.61% while the Russell 1000 (RUI) gained 0.89%. The RUI performance for 2017 is approaching 17% while RUT is now lagging by just over 6.5%.
Both VIX and the Cboe Russell 2000 Volatility Index (RVX) were under pressure with equity market strength last week. The RVX to VIX premium dropped some, but still remains at pretty high levels which has been the norm in 2017[...]