Small-cap stocks set to roar even higher, according to the charts

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Ishares Russell 2000 ETF Nouvelles

Powell Industries Inc,MGE Energy Inc,Russell 2000 Index

Todd Gordon breaks down the charts on the Russell 2000 index and some individual small-cap stocks.

The 2024 election produced a 'red sweep' as Republicans look likely to maintain control over the House. As a result, the outlook is for the Republican administration to foster a more pro-growth environment that reduces regulatory constraints. The small cap Russell 2000 index contains domestic companies that should benefit in a protectionist, on-shoring environment as long as inflation and rates stay contained.

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