Small-Cap Summer Incoming?
Hey, it’s Ross Givens here with the Chart of the Day. Last Wednesday, I shared a chart showing a bullish wedge pattern in the small-cap Russell 2000 and predicted a breakout. Well, look at what happened in the two trading days right after that. Small-caps are indeed breaking out, setting us up for a “small-cap summer.” If this plays out, it’s going to be hugely positive for us. I explain why in the Insight of the Day.