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Transcripts For BLOOMBERG Whatd You Miss 20240713

Place. You can see the dow closed unchanged. Up marginally. The s p 500 gaining a little bit in the nasdaq lower. Certainly a little tension in the tech stock. Scarlet lets dig deeper with our markets reporters. Abigail, what are you watching . A look at the russell 2000 you were looking at. The worst day in a month. At the close, the worst day of the month. Heres a chart we have been looking at for quite some time that initially came from oppenheimer. At that time, they were making the case that if the russell 2000 appears above 1600, that would be a bullish sign. For all of this year, we have been below that 1600 level, although yesterday we did go right above it on a slightly rising moving average. The rsi is now going back into the range from oversold. It will be interesting to see whether they can pick it up and ring the russell 2000 closer to alltime high. About 10 relative to the s p 500. We may continue to see a offer small caps. Off for small caps. Intop and bottom line coming

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