Discover and read the best of Twitter Threads about #Russell2000

Most recents (11)

The market today:

$SPX / $SPY / $ES

It closed below the key 20DMA in higher volume than yesterday

It's still in its upward trending channel

It bounced from channel support

#SPX #ES_F #trading #options #futures #daytrading #TradingSignals Image
$DIA / $DJI / $YM

It closed below the key 20DMA in higher volume than yesterday

It's still in its upward trending channel

It bounced from channel support

#DIA #DJIA #DowJones #trading #options #Futures #OptionsTrading #DayTrading #TradingSignals #YM_F Image
$QQQ / $NDX / $NQ

It closed below the key 20DMA in higher volume than yesterday

It's still in its short-term upward trending channel and its mid-term downward channel

It bounced near channel support

#QQQ #NASDAQ #IXIC #NDX #trading #OptionsTrading #Futures #NQ_F #daytrading
Read 7 tweets
THREAD: A picture is worth a thousand words. Let's look at a few of the globe's largest #ETF's & their graphs & see if we can make some sense of the current market environment.

What a year it's been for #Oil & #Energy! Only positive YTD #MSCI #Sector.

$IXC
2/19

#Global #CleanEnergy #ETF relative to Global #Energy shows an interesting picture.

$ICLN vs $IXC
3/19

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might be down over 1YR, but $EZA performance in USD (-15.9%) is still way ahead of both $URTH (DM -22.2%) & $EEM (EM -28.9%) over the same period.
Read 19 tweets
I've been saying this since March 2022.

#Bitcoin has been following the small cap indexes such as #IWM and #Russell2000 very closely since September 2021.
They are the first ones to get hit.

Large caps #SPX #QQQ got hit later.

🧵/1

That remains true all the way to today.

#SPX correction is lagging behind and is playing catch-up with correction.

When influencers ask why #Bitcoin is holding better than #SPX and #NDX #NASDAQ, this is why.

🧵/2
Small caps are way oversold at ridiculously low valuation historically. A P/E of 12! Are you kidding me?

If small caps #IWM and #Bitcoin are correlated, and if #IWM valuation will normalize back to higher valuation, #BTC rises.

🧵/3
Read 5 tweets
THREAD: A picture is worth a thousand words. Let's look at a few #ETF graphs & see if we can make some sense of the current market environment.

What a year it's been for #Oil & #Energy! Sharing only positive YTD #MSCI #Sector performance with #Financials.

$IXC $IXG
2/15

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might need a lot of catch up, but $EZA 1YR performance in USD (+9.9%) is still ahead of $EEM (-11.3%)

$URTH
3/15

#Global #Value #stocks (#ETF) recently enjoyed short-term recovery, but still got some serious catch-up to do over the longer term.

$IWVL
Read 16 tweets
#Global #ETF (thread): 26 Aug 2021

- 2020 worst perf #sectors making still leading in 2021 $IXG $IXC

- This is helping #oil producing countries with #SaudiArabia & #UAE in top5 #Country ETF YTD performers in USD $KSA $UAE

- #SouthAfrica $EZA still in top30 YTD performers
2/12

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might need a lot of catch up, but $EZA YTD performance in USD (+8.2%) is still ahead of $EEM (-0.95%)
3/12

#Global #Value #stocks enjoyed short-term recovery to the end of April, but since then, $IWVL #ETF really struggled against #Quality & #Momentum. Over 1yr period it is however still the best-performing #factor, very much in its recovery phase.
Read 13 tweets
Credit Suisse 1/6: Key #StockMarket Themes:
#SP500 strength has extended to the top of its multi-year channel at 4125/30, with the market now seen moving into typical “extreme” territory. Our bias though is for the rally to extend further yet to our Q2 objective at 4200,
Credit Suisse 2/6: where we would then be highly alert to signs of a potential top and correction/consolidation.

#Nasdaq100 is not unsurprisingly seeing a pause at its 13880 record high but with a bullish “outside day” & “head & shoulders” base in place we continue to look for a
Credit Suisse 3/6: break to a new record high for a move to our 14000/10 long-held “measured triangle” objective, then our 14380 new revised higher objective.

#Russell2000 continues to struggle though & we remain of the view may be seeing the formation of a “right-hand shoulder”
Read 6 tweets
Why is the Russell 2000 getting boot kicked this week?

Well an index is a composition of stocks. Sounds like a dumb answer but let's dig in..
2/ The composition of stocks inside are now eating the index. The #momostock trade has fueled it for months now. However, if you look at our Live Charts flow measurements (volume and money), you can see that price has been rising since December as volume and flow ...
3/ have been collapsing. This is because of the components in the index overwhelming the entire order flow. $IWM has benefited from names like $FCEL and $PENN and $PLUG and $GME.
Read 10 tweets
Anybody feels like looking at a few #Global #ETF graphs? Or are you all sitting in front of a big fire, ready for that Sunday braai or potjie?

If there's interest, I'll be happy to show 1 graph for every like or retweet?

#MonthEnd #Markets
That's nr1 (5 likes & retweets). Nice one @RocknDad 😂- saw you sneak in both a like & retweet, but rules are rules.

#SouthAfrica dropping down to 10th in the #Country #ETF YTD rankings. #China losing the lead to #Taiwan. #Brazil new current holder of the wooden spoon.
That makes it 2.

#DevelopedMarkets (+2.5% in US$) making a bit of a comeback against #EmergingMarkets (+0.8% in US$) in February. #MSCI #SouthAfrica however outperformed both with 5.3% (in US$) over same period.

$URTH $EEM $EZA
Read 19 tweets
(1/n) The #inflation data just keeps coming in hot. Today it was the #Markit #PMIs that showed input prices rising to a record...by a long shot.
(2/n) Earlier in the week it was the core PPI data, which came in at 2%, fully twice the #WallSt estimates.
(3/n) On Monday the #Fed's Empire State manufacturing survey showed prices paid at the highest level in 10 years.
Read 8 tweets
Credit Suisse 1/5: Key #StockMarket Themes:
The #SP500 rally has extended to our long-held 3900 “measured triangle objective”. With further layers of resistance seen here and stretching up to 3930 our “ideal” base case remains for a cap in this 3900/3930 zone and
Credit Suisse 2/5: for a consolidation/correction phase to then unfold. Big picture though, even if some consolidation is seen we will continue to view this as a temporary pause ahead of a clear break above 3930 in due course.

#Nasdaq100 stays seen on course for our “measured
CS 3/5: triangle objective” at 14000/10.
#Russell2000 has surged sharply higher again & we stay bullish for 2320/34.
#EuroStoxx50 maintains a bullish continuation pattern and we stay bullish for the “pandemic” price gap from last Feb, seen starting at 3762 & stretching up to 3800
Read 5 tweets
Credit Suisse 1/6: #StockMarket Key Themes:
#Nasdaq100 spotlight remains on the top of its trend channel from last summer, today at 13660 an eventual move above can see “measured triangle objective” at 14000/10.

#Russell2000 has surged sharply higher again and with bond yields
CS 2/6: expected to rise further we stay bullish on an outright & relative basis for 2273/77 & eventually 2320/34.

#EuroStoxx50 maintains a bullish continuation pattern & we stay bullish for the “pandemic” price gap from last Feb, seen starting at 3762 & stretching up to 3800.
Credit Suisse 3/6: #FTSE100 needs to clear 6573 to inject near-term upward momentum.

#Nikkei225 has broken above the 28980/29000 consolidation highs and we stay bullish with our core objective seen at 32115/20.

#ShanghaiComp is still holding our target in the 3466/47 zone and
Read 6 tweets

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