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Actionable news in XIV: VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN,

Tom Lee says the market is flashing a buy signal on small-cap stocks

Investors have been rewarded for following signals in credit and derivatives markets this year, and a new one recently started sending a buy signal for small-cap stocks, according to Fundstrat Global Advisors co-founder Tom Lee.

"I think a really strong message is coming to buy small caps, because when economic data picks up and credit eases, small caps almost always win," he told CNBC's "Squawk on the Street" on Monday.

In a note, Fundstrat pointed out that the quality spread between noninvestment credit rated BB versus CCC narrowed to 538 basis points over the...


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