Category: Stock Market Analysis

Small Cap Stocks Are Breaking Out In A Big Way

Like it or not, the small cap index, Russell 2000 is breaking out in a big way.

Small Cap Stocks Are Breaking Out In A Big Way Image of IWM Breakout

We’ve been moving sideways since late 2016 and just this week we saw a gap and go sharp move to all-time highs and are in the process of resolving this 20-week range to the upside.

For all the bear attacks incoming, yes this move can fail, yes we’re overbought and yes, we do have plenty of headline risk over the near term with earnings, fiscal policies, government budget shutdown issues, etc. that could de-rail this move.

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