Not only that, the gain in stocks was fairly broad-based with large-caps, mid-caps and small-caps all showing strong moves, and virtually all sectors up in double digits.
Rather, they combine them with bond indexes or funds, or peel back on the large-caps inherent in SPY, and add a concentration of small- or mid-cap focused investments.
With third-quarter economic growth the strongest in 19 years, Collins believes small- and mid-cap growth stocks (which have traditionally outperformed large caps as the economy accelerates) will continue to lead the market higher.