Russell 2000 clinging to gains today even as the Dow, S&P 500 and Nasdaq all in red. Recent small cap renaissance continuing through end of year?
Good news for investors? The rally continues to broaden out beyond the Magnificent Seven. Breadth is improving as more stocks hit new highs than lows. But investors still should be wary. It's getting a little euphoric. My story for @barronsonline. https://t.co/6sP7a0QKxI
Since 2009, large-cap growth stocks $IVW, especially in tech $XLK, led markets due to low rates and digital trends (AI) Recently and today points to a possible shift towards smaller, value-oriented companies $ISCV. https://t.co/MUfXR9XXJD

On November 26, 2024, major U.S. stock indexes experienced a notable shift as large-cap technology stocks, including Amazon ($AMZN) and Apple ($AAPL), led the market higher, while small-cap stocks, particularly the Russell 2000, saw a decline after hitting an all-time high the previous day. The Nasdaq Composite index reached 510 points, with options for the $QQQ ETF trading at $3.30. Analysts indicated a potential rotation back into technology stocks, which could continue throughout the week, as market breadth improved, with more S&P 500 members trading above their 20-day moving averages. Despite the positive momentum in large-cap stocks, some experts cautioned that the rally is becoming euphoric, urging investors to remain vigilant. The Russell 2000, however, managed to maintain its gains even as the Dow, S&P 500, and Nasdaq faced downward pressure.




