small caps
- Technical Strategy
In recent days, equity markets, notably smaller-cap and more cyclical indices, surged through important resistance levels that had been in place for over two weeks. This acceleration looks to be part of a bigger internal shift taking hold within equity markets that I would encourage...
- Chart of the Week
What Would Signify A Small-Cap Recovery?
Let’s take a closer look at the Russell 2000 to identify technical levels that will help signal an improving technical backdrop for small-cap stocks and risk assets in general. The chart below is weekly data for the Russell 2000 with three technical indicators, numbered on the chart that we are...
- Technical Strategy
Be Patient, Hold Your Fire and Keep the Powder Dry
So far, markets look to be tracking reasonably well the roadmap I’ve highlighted in the past: the previous weeks’ action is part of the temporary zig-zag I expect to continue into early Q3. Weekly technical indicators, which track 1-2 quarter shifts, should return to neutral to oversold territory, setting the...
