sharetrader
Results 1 to 5 of 5

Thread: Russell

  1. #1
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,292

    Default Russell

    US markets are taking a hammering and it's only 2 weeks into the new year 2016. DJIA, S&P500 and NASDAQ are all testing or approaching their August 2015 lows.

    Stepping back to an even bigger picture, the Russell 2000 Index provides some further insight. The Aug2015 lows provided no support and it's in free fall, 23% off it's highs. This seems to confirm the bear market, if there was any doubt, and portends further pain to come, perhaps a lot of pain and potentially for a long time.

    Russell 2000 Monthly chart (2 years)
    Attachment 7803

    Russell 2000 Monthly chart (All Data):
    Attachment 7804

  2. #2
    Advanced Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,933

    Default

    It is going to be very interesting week. We could expect some rebound from oversold situation.

  3. #3
    Advanced Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,933

    Default

    http://www.investors.com/etfs-and-fu...LLED&ven=yahoo

    Small-Cap ETFs Stride Ahead As Investors Turn Optimistic On Oil, GDP

    http://jlfmi.tumblr.com/post/140043332615/small-caps-approaching-rally-test

  4. #4
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Ive noticed ,belatedly my micro caps are finally succumbing to the downward momentum after stellar outperformances..... not good for the comprehensive picture.

  5. #5
    Advanced Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,933

    Default

    Now some are calling trump rally. Didn’t they become bearish on stocks during last couple of months?This bullish trend should follow in other markets next. It could be kind of Santa rally for them.

    http://www.marketwatch.com/story/rus...996-2016-11-22

    Russell 2000 extends win streak to 13 sessions, longest since February 1996

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •