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The Russell 2000 closed 4.4 standard deviations above its 50-day moving average.
No other major US index (Dow since 1900, S&P 500 since 1928, and Nasdaq since 1971) has ever closed at that much of an extreme.
$iShares Russell 2000 ETF(IWM.US$
No other major US index (Dow since 1900, S&P 500 since 1928, and Nasdaq since 1971) has ever closed at that much of an extreme.
$iShares Russell 2000 ETF(IWM.US$
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The Steepening Yield Curve Has A Message About Stocks
An inverted yield curve has long been Wall Street’s crystal ball, foretelling recessions with an accuracy that could make Nostradamus green with envy.
Issue is, it won’t tell you when the recession will hit. For that, you’ll need to pay close attention to when the curve begins to steepen again, particularly if it’s still upside down.
This telling change could happen either because short-term rates begin to drop faste...
An inverted yield curve has long been Wall Street’s crystal ball, foretelling recessions with an accuracy that could make Nostradamus green with envy.
Issue is, it won’t tell you when the recession will hit. For that, you’ll need to pay close attention to when the curve begins to steepen again, particularly if it’s still upside down.
This telling change could happen either because short-term rates begin to drop faste...
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ZnWC : Meaning a pullback or correction is coming soon?
Russell 2000 Rally to 'Lose Some Steam,' BlackRock Says
ZAC_DESTROYS_ALL : probably a pull back but I still think it is the start of a trend here. just don't chase it. looking for a retest