Compared with the prices of large- cap stocks, they looked inexpensive.

Yesterday, the Russell 2000, an index of small cap stocks, lost 0.22 point to close at 366.25.

Yesterday, the Russell 2000 index of small- cap stocks lost 1.40 to close at 362.75.

So will small cap stocks - growth stocks - where the bulk of the earnings are in later years.

People are starting to look at the better examples of the smaller cap stocks and are paying extremely high prices for those," he said.

Schemers is recognized for taking small cap stocks into the mainstream media starting in 2001 with the creation of Traders Nation.

These kinds of sectors might include a sector such as small cap stocks.

And the Russell 2000 index of smaller cap stocks was also hammered.

The Russell 2000 index of small- cap stocks soared and set a record.

His fund focuses on large cap stocks.