
AN OPPORTUNITY IN SMALL CAPS OR A DANGER SIGN, ALL IMPORTANT CPI AHEAD
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Small Caps
Please click here for a chart of small cap Russell 2000 ETF (IWM).
Note the following:
- The chart shows the 2021 high in small caps.
- The chart shows the high in small caps in 2023.
- The chart shows small caps are still well below the 2021 high.
- Small caps staged a big rally in 2023, but small caps have not rocketed to new highs like the S&P 500. This may be an opportunity for investors. Here is what investors should keep in mind:
- IWM could be a catch up trade.