9 Dec 2019

Russell 2000 Breakout, Until Proven Otherwise, Deserves Benefit Of Doubt

by | posted in: Credit, Derivatives, Economy, Equities, Technicals | 0

The Russell 2000 has broken out.  There are many reasons to doubt the breakout – ranging from elevated valuations to falling profit estimates to several soft economic data points.  But as long as the breakout remains intact, bulls deserve the … Continued

4 Mar 2019

After 9 Weeks Of Rally, Signs Of Fatigue Last Week On Russell 2000/IWM

by | posted in: Derivatives, Economy, Equities, Technicals | 0

US stocks are on fire.  The Russell 2000/IWM was essentially unchanged last week, with the index down 0.03 percent and the ETF up 0.06 percent.  This followed nine weeks of persistent rally, during which they jumped 34 percent.  Conditions are … Continued