President Trump is quickly running out of bragging space. If the small caps fall further they will be firmly negative from when the president took office. At least Americans will not have to listen to the president brag about the stock market anymore. One-half of Americans do not own a single share of stock. The wealthy elite class play their daily baby games because they all own huge stock portfolios. Anyone that bot small caps after the presidential election two years ago is now underwater.
The RUT topped out at 1742.09 on 8/31/18. Price is down to 1292 a loss of 450 points a -26% drop off the top. The Russell 2000 is firmly in a bear market (-20%off the top). This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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