The Russell 2000 Index ($IWM) experienced significant volatility with notable gains and losses. Small caps showed potential upside in 2024, but faced a sharp decline, down nearly 5% in a single day, the largest drop in over a year. Despite the sell-off, there are expectations of recovery and benefits for small cap value stocks.
Well - #microcaps are attempting a comeback today, particularly higher quality names (and those that reported positive earnings recently). Interestingly $iwm is still recovering (but as I say on my soapbox often, this is not a very high quality index). https://t.co/78fgN1kGwe https://t.co/ta0d8XlgwB
Small cap value is going to reap the most benefit of the rotation away from overvalued tech stocks imo $iwm $rut $rty
Russell 2000 had its largest single day drop (-4.08%) IN over a year. Last time this happened was in June 2022. $IWM https://t.co/XdfnAly2kQ
Russell 2000 $IWM seeing its largest down day since Spring 2022. π€―π« https://t.co/IlrsGjDdwD
$IWM down almost 5% down to levels not seen since last week... https://t.co/SHhnTnqMen
Pretty real when the Russell2000 index is down nearly 5% on the day https://t.co/uRWIsEZycI
$IWM is under a massive sell-off today. https://t.co/cvqTBTvIbe
Russell 2000 -3.2%
Iβm long small caps. I think thatβs it for today $iwm $rut $rty
Russell 2K $IWM down 4% today after gaining 4% since last Thursday afternoon. Was fun while it lasted for small-caps. https://t.co/ehSH6D0tOV
$IWM -4% Ouch.
Great deals out there in small cap value land for those who donβt want to stick around for the collapse of the Mag 7 bubbles. Small cap value, bro. $iwm $rut $rty
$iwm big move after clearing the pocket pivot. Itβs $202+ now. Kind of took the CPI trade away for tomorrow. https://t.co/1okMeYhlv7
Small caps busting out. The rotation has arrived $iwm $rut $rty $spy
$IWM - Small caps finally breaks out π$215, $227-230, $244 are potential upside in 2024 #Small #Caps can move BIG this year if breakout holds - Crazy run like $SMH $SPY $QQQ https://t.co/QonMyAdynL
$IWM 2 big days, some rotation into small caps. Big spot now, if we continue can work it's way back to 205. Short term a bit extended https://t.co/5aAMQ2ystk
$IWM - Small caps finally breaks out on #Friday π$215, $227-230, $244 are potential upside in 2024 #Small #Caps can move BIG this year if breakout holds - Crazy run like $SMH $SPY $QQQ https://t.co/meBSTyLV7A
another focus as last week $iwm was great for many https://t.co/Lrsw8xPemC
$IWM definitely a popular chart this week. https://t.co/8n89sJXupe