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How to Play a Small-Cap Pullback
Small-cap stocks have been on a bullet ride this year fueled by the tax cuts and ongoing trade uncertainties. The Russell 2000 has outperformed the broader market with a 6.8% gain since the beginning of the year, while the S&P 500 has only advanced 1%. The NFIB’s Small Business Optimism index recently reached a new all-time high, but Julian Emanuel,*a strategist at BTIG, thinks that the lofty level of confidence has not been historically sustainable and might retreat soon due to the escalating trade war.
https://finance.yahoo.com/m/0fcb466...21e440/how-to-play-a-small-cap.html?.tsrc=rss
Small-cap stocks have been on a bullet ride this year fueled by the tax cuts and ongoing trade uncertainties. The Russell 2000 has outperformed the broader market with a 6.8% gain since the beginning of the year, while the S&P 500 has only advanced 1%. The NFIB’s Small Business Optimism index recently reached a new all-time high, but Julian Emanuel,*a strategist at BTIG, thinks that the lofty level of confidence has not been historically sustainable and might retreat soon due to the escalating trade war.
https://finance.yahoo.com/m/0fcb466...21e440/how-to-play-a-small-cap.html?.tsrc=rss
