Description: EMPOWERING INDIVIDUAL INVESTORS
With the U.S. earnings season upon us, it’s worth taking a look “under the hood” to see how lesser-known stocks have been doing lately. A quick way to do that is to look at the Russell 2000 which, while far from being a perfect indicator, can still give you valuable at-a-glance info regarding the health of the market. So what are small-caps telling us right now?
In one word: interesting… but let’s look at the chart in detail!
Don’t get me wrong, today’s CPI reading was a crucial data point, but it’s just that, one data point. For short-term trading, it makes sense to focus on it but long-term, robust trends are what will drive returns in all asset classes.