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Thursday, April 18, 2024

Russell 2000 Tips Over As Silver Lines Up

Courtesy of Technical Traders

This week the stock market is down. While there has been some strength in technology stocks recently, this week the Russell 2000 has acted weaker than the Nasdaq and S&P 500 stock market averages and has tipped over.

At the same time, gold has been strong to the delight of gold investors. Silver also appears to be lining up as many silver mining stocks have recently gone to new highs. I talked about this situation with stock trader Michael Swanson to get his take on things.

Mike recently posted two of my (very timely) articles:

1. http://wallstreetwindow.com/2020/05/small-cap-stocks-russell-2k-are-headed-for-a-double-dip-chris-vermeulen-05-12-2020/

2. http://wallstreetwindow.com/2020/05/the-big-move-in-silver-may-be-right-now-chris-vermeulen-05-12-2020/

If you would like to get my ETF trades and profit from these monthly moves check out my three different trading newsletters – Click Here.

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