Small caps got hit hardest by the tariffs, fell the most, went up the least today, and has the furthest to go to fill the futures gap and also the all time high (ATH).
I think RTY (IWM ETF) will outperform ES/NQ (SPY/QQQ) the next 90 days as Trump unwinds all of the tariffs including the 10%. He'll more than likely repeal the China tariffs in the next week or so, which will be the next huge move up.
Trump is gaming the market, just go long with stock or long dated calls.
I think RTY (IWM ETF) will outperform ES/NQ (SPY/QQQ) the next 90 days as Trump unwinds all of the tariffs including the 10%. He'll more than likely repeal the China tariffs in the next week or so, which will be the next huge move up.
Trump is gaming the market, just go long with stock or long dated calls.
Ordine annullato
Bond yields are up and foreign investors are dumping all US assets including index futures, bonds, stocks, etc.Not a good time to go long on anything besides gold.
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