The Russell 2000 is a market index that tries to capture the movement of 2000 different small-cap companies. It is a popular index and is watched closely. Small-caps make up 10% of our all stock ETF model.
The chart below shows that the small-cap index has clearly broken through the downtrend line that started last fall. This is a positive sign in my humble opinion, and more reason to believe that the worst could be behind us. Now we are watching for the large cap index to signal the same. As a money management firm we continue to put money to work for the long-term.
Best Regards,
Mike
Russell 2000 chart since covid started
