Stocks Analysis by Michele Schneider covering: Nasdaq 100, S&P 500, US Small Cap 2000, iShares Russell 2000 ETF. Read Michele Schneider's latest article on Investing.com
As Trump campaigned on increasing American manufacturing, Trump's policies could also improve economic conditions and growth.
While IWM rallied up 2 times more than the other indices today, and on pace to get to all-time at $244.50 the 2021 highs, it still needs to.Granddad Russell 2000 IWM also needs retail or what we call Grandma XRT to join in.Over 80 in XRT we assume that trump policies are perceived as deflationary and with the FED potentially cutting rates will be great for both IWM and XRT.XRT also enjoyed a gap higher, but not nearly as pretty as IWM’s.
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