With the SPY at +0.15%, the DIA at -0.08 and the Q's at +0.17%, the IWM is the odd man out at +0.52% but was recently higher.
Remember the rhetorical question I asked last week about "Why?" the IWM was showing better relative strength vs the other averages and I posted a chart? the IWM hasn't done 1 thing that all the other averages had...
Post a breakout high, closing and intraday. Actually last week it posted a marginal breakout new high, obviously you know what my thoughts are on this action and why the IWM was palying catch up all last week.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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