Daily Archives: August 8, 2025
Showing articles 1 - 1 (1 total)
07Aug12:37 pmEST
Close Together Doesn't Mean Best Friends
In just a few trading sessions the small caps in the Russell 2000 Index went from multi-year highs as the hottest rotation plays in the market down to multi-month lows. The IWM, ETF for the Russell (below, on the updated daily chart), shows the small caps violently testing the 200-day moving average (yellow line) on Monday before bouncing up to...
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
