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...
Stocks Are Slipping

Stocks Are Slipping

The S&P 500 Index is extending yesterday afternoon’s post Fed weakness.  On Wednesday the SPX opened at new 2019 highs before closing out the session slightly lower.  At mid day today the index is off 18 points and is looking quite weak.  The $2950.00 area...
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: