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The wild trading action of the meme stocks has worried some strategists. They feel the stock market is not healthy but the Viper Report’s Tom Aspray analysis of the market internals paints a different picture. ....
Let s Find Our Way as the Russell ETF Drifts Into No-Man s Land Here s how I see IWM now and why playing the Invesco QQQ Trust might be a better bet. Stocks quotes in this article: IWM, QQQ It s your move, small caps.
The iShares Russell 2000 exchange-traded fund ( IWM) is in no-man s land. While the past four months have felt volatile, we ve really done little more than trade in a large range. In fact, we have higher lows coupled with lower highs, creating a wedge. This consolidation probably comes off as bullish to most. It s a little wide for my comfort level to consider it a bull flag, but consolidation is consolidation. ....