Hey, Ross here:
It’s the last trading day of the week – and it’s been a good one.
So let’s look at a chart showing just how drastically small-cap stocks have reversed direction.
Chart of the Day
Less than 50 days ago, the small-cap Russell 2000 index was at a 52-week low.
Yesterday, it closed at a 52- week high.
And as you can see by the price action, it also “gapped up” big – indicating very strong momentum on its side.
Small-cap stocks are making big moves – moves you don’t want to miss.
Insight of the Day
When an entire index is in a strong breakout, you can be sure individual stocks within that index are making even bigger moves.
The Russell 2000 index is breaking out – and it’s doing so on volumes not seen in over a year.
This means individual stocks within the index are making even bigger moves – moves we can take advantage of.
We saw a similar situation like this back from May to July this year…
Only this time, the Fed-fueled momentum is even stronger – and the gains could be even bigger.
The price action tells me the “smart money” is already jumping in…
And this strategy could allow you to trade right alongside them.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
