ex covers various economic sectors and industries and is constructed to provide a comprehensive and unbiased barometer to penny stock performance.

So, how have true penny stocks been performing as of late? Quite well.

The index had been drifting lower since hitting a 52-week high on September 1; but that trend seems to be reversing itself. Since the beginning of November, The Penny

While some Wall Street herds may be stumbling over themselves to gobble up the record setting Dow index, the numbers show that bigger is not always better.

The Russell 2000 Growth Index, which consists of fast-growing small cap companies, gained 6.5% in October.

"As the record setting Dow grabbed most of the headlines in October, investors turned once again toward small caps and micro caps," said one senior research analyst at Russell Investment Group.

He noted that all of Russell's benchmarks that measure small-cap and micro-cap segments of the market including growth and value, outperformed every Russell large-cap and mid-cap index last month.

The worst performing index, the Russell Top 200 Value Index, which consists of mega-cap value stocks, gained 3.0%. The Russell 2000 index, a widely used benchmark for small-cap stocks, had a return of 5.8% last month.

Keep in mind; the average market cap for the Russell small-cap stocks is a brawny $1.16 billion. For many investors, those kinds of stocks are way out of reach.

To get a better look at how true micro-cap and penny stocks have been performing, one can refer to the Penny Stock Index, found at Davren Penny Stocks.

Davren has created the world's only penny stock index. The index follows the activity of a large number of diverse stocks that are trading between $0.01 and $5.00. The company's objective methodology ensures benchmarks that reflect a true representation of actual market activity.

And, like their small-cap and micro-cap peers, Davren's Penny Stock Index covers various economic sectors and industries and is constructed to provide a comprehensive and unbiased barometer to penny stock performance.

So, how have true penny stocks been performing as of late? Quite well.

The index had been drifting lower since hitting a 52-week high on September 1; but that trend seems to be reversing itself. Since the beginning of November, The Penny

cro caps," said one senior research analyst at Russell Investment Group.

He noted that all of Russell's benchmarks that measure small-cap and micro-cap segments of the market including growth and value, outperformed every Russell large-cap and mid-cap index last month.

The worst performing index, the Russell Top 200 Value Index, which consists of mega-cap value stocks, gained 3.0%. The Russell 2000 index, a widely used benchmark for small-cap stocks, had a return of 5.8% last month.

Keep in mind; the average market cap for the Russell small-cap stocks is a brawny $1.16 billion. For many investors, those kinds of stocks are way out of reach.

To get a better look at how true micro-cap and penny stocks have been performing, one can refer to the Penny Stock Index, found at Davren Penny Stocks.

Davren has created the world's only penny stock index. The index follows the activity of a large number of diverse stocks that are trading between $0.01 and $5.00. The company's objective methodology ensures benchmarks that reflect a true representation of actual market activity.

And, like their small-cap and micro-cap peers, Davren's Penny Stock Index covers various economic sectors and industries and is constructed to provide a comprehensive and unbiased barometer to penny stock performance.

So, how have true penny stocks been performing as of late? Quite well.

The index had been drifting lower since hitting a 52-week high on September 1; but that trend seems to be reversing itself. Since the beginning of November, The Penny

The Russell 2000 index, a widely used benchmark for small-cap stocks, had a return of 5.8% last month.

Keep in mind; the average market cap for the Russell small-cap stocks is a brawny $1.16 billion. For many investors, those kinds of stocks are way out of reach.

To get a better look at how true micro-cap and penny stocks have been performing, one can refer to the Penny Stock Index, found at Davren Penny Stocks.

Davren has created the world's only penny stock index. The index follows the activity of a large number of diverse stocks that are trading between $0.01 and $5.00. The company's objective methodology ensures benchmarks that reflect a true representation of actual market activity.

And, like their small-cap and micro-cap peers, Davren's Penny Stock Index covers various economic sectors and industries and is constructed to provide a comprehensive and unbiased barometer to penny stock performance.

So, how have true penny stocks been performing as of late? Quite well.

The index had been drifting lower since hitting a 52-week high on September 1; but that trend seems to be reversing itself. Since the beginning of November, The Penny

, found at Davren Penny Stocks.

Davren has created the world's only penny stock index. The index follows the activity of a large number of diverse stocks that are trading between $0.01 and $5.00. The company's objective methodology ensures benchmarks that reflect a true representation of actual market activity.

And, like their small-cap and micro-cap peers, Davren's Penny Stock Index covers various economic sectors and industries and is constructed to provide a comprehensive and unbiased barometer to penny stock performance.

So, how have true penny stocks been performing as of late? Quite well.

The index had been drifting lower since hitting a 52-week high on September 1; but that trend seems to be reversing itself. Since the beginning of November, The Penny

ex covers various economic sectors and industries and is constructed to provide a comprehensive and unbiased barometer to penny stock performance.

So, how have true penny stocks been performing as of late? Quite well.

The index had been drifting lower since hitting a 52-week high on September 1; but that trend seems to be reversing itself. Since the beginning of November, The Penny Stock Index is up a solid 4%.

And recent economic factors indicate that the penny stock market could continue its bullish trend. A number of mergers and acquisitions coupled with strong economic data eased inflation worries and raised optimism about consumer spending.

More specifically, Wal-Mart Stores Inc., the world's largest retailer, pleased Wall Street with higher-than-expected third-quarter earnings despite weakening U.S. sales growth. Why are Wal-Mart's earnings so important?

Wal-Mart tends to be a reliable gauge as to the spending patterns of the average American. And the average American is the economic engine driving the country. Or at least, more of a litmus test than those lilting down the aisles with pooch in tow at Chanel or Bergdorf Goodman.