Today’s Chart of the Day was shared in a note by Jeff Hirsch (@AlmanacTrader). It’s a seasonality chart of the Small-Cap Russell 2000 vs. the Large-Cap Russell 1000 (based on data from 1979-2021). When the line is rising, it means Small-Caps are outperforming Large-Caps and vice versa. Jeff points out that Small-Caps have historically outperformed from […]
Chart of the Day – Wednesday, January 29th, 2020
Can we wait to call Armageddon until % of $RUI constituents > 200-day MA print persistent values below 50-45ish please? The market can correct a lot more than 3% with the long term trend still intact $IWB pic.twitter.com/YwYxvX5NDJ — Drew Wells, CIMA® (@DrewTheCharts) January 29, 2020 Today’s Chart of the Day was shared on Twitter […]
Breaking Down the Russell Indices
When trying to gauge the state of the US Stock Market, we typically look at benchmarks like the Dow Jones Industrial Average or the S&P 500. Several other indices are worth taking a look at that could provide a more comprehensive picture of the market. I thought it would be interesting to break down the […]