Small Problems Continue

Small Problems Continue

Small cap stocks have been struggling since reaching its 200 day moving average back on February 20th.  This key index began to pullback on the 25th and, after a shallow rally last week, the IJS is heading for its lowest March close today.  We highlighted...
Small Problems

Small Problems

Change of character.  The IJS’s 200 day moving average was very supportive last spring.  After a 27% rally off the Christmas week lows the IJS(iShares S&P Small Cap 600) the 200 day is back in play, now a heavy resistance area.  The index is holding initial...
Small Caps Reach New Lows

Small Caps Reach New Lows

The iShares Small Cap Index ETF($IJS)is trading at new 2018 lows today.  Yesterday the index suffered its biggest loss of the year(-4.5%)but was still able to hold above a major support zone.  This key area is beginning to give way today. At this morning’s low...
There’s Only One

There’s Only One

Out of the following ten Equity Index ETF’s, $DIA is only one trading above its flat/declining 200 day moving average. $DIA, $SPY, $QQQ, $IJS, $IWM, $OIH, $XLE, $XLF, $SMH, $VTI The $XLP and the $XLU are trading above both their 50 and 200 day moving averages,...