Small Caps Remain Heavy

Small Caps Remain Heavy

The IJS(iShares S&P Small Cap Index) are limping into the close.  Small Caps have not been able to match the other major indexes during this week’s rebound.  While most indexes have remained above their 200 day moving averages during the recent pullback, the...
Russell 2000 Reaches New 2019 Highs

Russell 2000 Reaches New 2019 Highs

The Russell 2000 Index has been consolidating in a narrow range since late February.  The last six weeks of this pattern straddled the 200 day moving average.  This week the 200 day, along with the 50 day moving average, are in position to support a fresh rally leg. ...
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...
R2K Update

R2K Update

Time to re up those Russell 2000 hedges?  $TWM has retraced 50% of the entire rally off the 2018 lows.  The $18.25 to $17.95 area represents a solid support zone.  This area is marked by the March/April/October highs near the upper band.  The November high marks the...
The Russell After The Fall

The Russell After The Fall

The Russell 2000 Index is on pace to record one of its worst quarterly loses.   At Friday’s close the $RUT was off just over 23% in the 4th quarter.  Here’s a look at how this index has performed following the top 10 quarterly loses: