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

Ishares Russell 2000 ETF Nyheter

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

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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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