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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: FlyingCircus   😊 😞
Number: of 15062 
Subject: SmallCap Trend Change
Date: 07/12/2024 11:27 PM
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No. of Recommendations: 11
In case you missed it... in 2-3 market days this week, the Russell 2000 ETF IWM busted out a 5% gain and hit a multi year high, breaking well above a 7 month trading range.

That's one of the biggest-fastest ETF pivots I've certainly ever seen.

As well, the % of small cap stocks above their 20D moving averages spiked to 84% in those few days. That's an extreme.

The antelope herd (or barking dog pack) just heard "shh but .25% interest rate drop coming". Direction change.

FC
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