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...
Russell Inverse Update

Russell Inverse Update

$TWM broke out on October 1st.  After the initial leg this inverse Russell 2000 Index dipped down to the 200 day moving average and held.  A fresh rally leg carried the $TWM up to a heavy resistance zone near $18,00.  A second pullback ended last week after another...
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,...
Value Versus Growth

Value Versus Growth

Growth stocks have far outpaced value stocks this year.  As we enter the summer this divergence has reached an extreme: The divergence between the Russell 2000 Value vs. the Russell 2000 Index has not been this wide in over 10 years: Is value about the make a comeback...