|Bid||0.00 x 3000|
|Ask||0.00 x 1000|
|Day's Range||161.14 - 162.28|
|52 Week Range||134.12 - 163.33|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
Robert Sluymer, Fundstrat, discusses his strong dollar plays, with CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Guy Adami and Pete Najarian.
The iShares Russell 2000 ETF (IWM) , which tracks the benchmark Russell 2000 Index, is up more than 2% over the past week and a slew of small-cap exchange traded funds continue hitting all-time highs. Meanwhile, smaller companies are able to capitalize on a stronger domestic economy. Recently, betting against small-caps has been the wrong bet, but smaller stocks could cool off next month if the Russell 2000 Index (RUT) finishes May with a gain of 5% or more.
There is no doubt about it: small-cap stocks and the related exchange traded funds are in rally mode. The iShares Russell 2000 ETF (NYSEArca: IWM), which tracks the benchmark Russell 2000 Index, is up ...
The lack of momentum that undermined Monday's market strength is having a greater impact this morning. The little momentum that does exist in this market is undermined by the lack of vigor in the FAANG names and other big-cap technology.
Small-cap stocks have been on fire, with the iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) continuously grinding out new highs last week and on Monday. While the markets have been strong — ranging from the S&P 500 and the Dow Jones Industrial Average to the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) — there’s still a “one foot out the door” mentality. A higher U.S. dollar may punish large-cap multinational companies, but it doesn’t inflict much damage to small caps.
Further positive develops in the China trade war, a weaker dollar and a slowing in bond yields are giving the indices a further boost this morning. While the indices managed good sized gains and are adding to them this morning, there hasn't been an explosion of buying and strong momentum. The indices made little, if any, progress intraday after the gap-up open and finding stocks that ended the day at their highs was difficult.
The Conference Board uses credit conditions in the economy as one of the components of the leading economic index (or LEI) economic model. Changes to six financial market instruments are modeled to construct this credit index. ...
Most of the major U.S. indexes moved lower over the past week as 10-year and 30-year Treasury yields moved to multi-year highs, although small-cap stocks posted slight gains. Higher wages often lead to higher consumer prices, which translates to higher Treasury yields and potentially slower economic growth as lending rates increase. The SPDR S&P 500 ETF (ARCA: SPY) fell 0.73% over the past week.
Whether you have your heart set on Apple or Facebook, Alibaba or Baidu, or a domestic vs. foreign stock, you can access them all via ETFs.
The Dow, S&P 500 and Nasdaq weren’t able to hold onto their Thursday morning gains, turning slightly lower on the day. However, small-caps were again able to power to new highs. With that in mind, let’s look at small caps first in our line-up of top stock trades.Top Stock Trades for Tomorrow #1: Russell 2000 (IWM)
In the previous part of this series, we discussed legendary billionaire investor George Soros’s recent buying activity. In this part, we’ll have a look at Soros Fund Management’s top sells in the first quarter.
As the greenback soars to its highest levels of the year, one trader sees a couple of market areas that could ride the currency's coattails. "I will caution one thing" on the IWM, said Cappelleri. The U.S. dollar index has not traded above 94 since December 2017.
Small-cap stocks in the Russell 2000 have outperformed the S&P 500, Dow Jones Industrial Average and technology stocks in the NASDAQ Composite over the past three months. The iShares Russell 2000 ETF ( IWM) rose more than 1% to new all-time highs following its breakout from an ascending triangle pattern on Wednesday. According to iShares, the fund's average P/E ratio clocked in at 20.91x, which is still lower than the S&P 500's 24.78x P/E ratio.
Small-capitalization stocks and small-cap ETFs broke into new record heights Wednesday. The iShares Russell 2000 ETF (NYSEArca: IWM), which tracks the benchmark Russell 2000 Index, rose 1.0% Wednesday ...
Wall Street has been on a roller-coaster ride this year. Yet, the small-cap segment of the broader market has been outperforming, defying extremely volatility. This is especially true as the Russell 2000 is nearing its record levels with just less than 1% away from its peak.Source: ShutterstockWhy Small Caps?
All else being equal, relative strength (or relative weakness for that matter) is a leading indicator. To wit, the IWM ETF over the past two months of March and April has showed significant relative strength versus large-cap stocks. On the below chart I plotted the Russell 2000 versus the S&P 500, and the relative strength is obvious.
The best way to answer the question of 'to V or not to V' is to simply stay focused on the price action rather than try to predict. You can formulate a bearish thesis, or you can focus on the price action.
Energy stocks are finding new life as oil prices climb and climb. Shares have been dead money for a while and seemed totally disconnected from crude prices, but investors have since come around. In a scan of more than 2,100 ETFs that closed last week at new highs relative to the MSCI All-Country World Index, energy ETFs "dominate" both on an absolute and relative basis, as Ned Davis Research Group's ETF strategist Will Geisdorf wrote in a report published Monday.
Renewed optimism over a calming trade situation between the U.S. and China helped keep things quiet and prices trending higher in the stock market Monday. As a result, it’s time to take a look at the broader markets as part of our top stock trades.Top Stock Trades for Tomorrow #1: S&P 500 ETF (SPY)