Get started

Smallcapstock

Russell 2000: Is the lagging small-cap about to charge higher?Russell 2000 is the laggard, while the S&P 500, Nasdaq, and Dow scale new record highs. Could small caps be next to break out? While all major US equity indices are hitting new all-time highs, the Russell 2000 is still consolidating just below resistance. This sets up a pivotal moment for traders as the Fed decision looms and Q4 earnings heat up. Price is holding above the lower trendline of a potential ascending triangle pattern, with buyers defending support and momentum building for a potential breakout above peak resistance.​ RSI on a daily basis sits in the mid-50s (neutral), but with room for renewed upside if a breakout occurs. Alternatively, a reset down to oversold could lead to a short-term decline of around 5% to the prior bottom. But October’s strong earnings and increased bets on Fed rate cuts provide a positive tailwind for small caps this quarter.​ Watch for a shift in flows from big tech and mega-caps to small caps if market breadth improves post-Fed. Keep an eye on the top, as a breakout could open the door to new all-time highs and fresh momentum for the Russell 2000. Don’t miss the rotation potential as Q4 trading picks up. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:US2000Long
by ThinkMarkets
How to Analyse Tech Market? - Index + Big Cap + Mid Cap Today, we will discuss how to apply inter-market analysis effectively. While there are numerous analysis methods available, I find comparing the index, an influential stock, and a smaller yet actively traded stock to be effective in projecting what is coming ahead. Let's make some interesting observations in the tech market, focusing on the Nasdaq Index, the world's largest market-cap stock – Microsoft, and Super Micro Computer Inc., one of the most actively traded stocks recently. Micro E-mini Nasdaq Futures & Options Ticker: MNQ Minimum fluctuation: 0.25 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:NQ1!Short
by konhow
5
DIA: the worst has passed, price recovery underwayAfter a difficult year after the capital increase back in August, it the worst case scenario has already passed, and investors bought the dip and pushing the price higher. The stock is a small cap, so remember, it's more volatile than other stocks and hype moments could increase the price dramatically like these past two days. Next stop 0.02, and if broken out, next one would be at 0.023. Regarding its fundamentals, the CEO bought shares, so that's a good indicative that the changes they're doing are being effective. They closed all supermarkets that were experiencing huge losses, thus reducing the risk in the company. Also, they're revamping all the stores and real revenue won't be reflected until 2023. 2022 will be the key year for DIA. We are long on this one for the long term.
BME:DIALong
by alvaromroo
1
48North - The Small Cap Cannabis Company To WatchI have maintained a long thesis on 48North Cannabis Corporation since October 2018, and the trade worked wonderfully into March of last year. However, 48North pulled back alongside the entire cannabis sector, and rightfully so on some of their own missteps. As a brief introduction, I believe 48North's competitive advantage stems from their outdoor grow operation, creating a low cost of goods operating model that will enable 48North to price products competitively and reward investors with higher gross margin performance when compared against the peer group. It should be noted that 48North missed their production guidance for 2019- resulting from delayed licensing for drying rooms. In 2019 48North demonstrated that outdoor grown cannabis can be completed at scale, at a low cost, and successfully pass Health Canada's quality control standards. From a chart perspective I'm considering the Elliott Wave ABC pattern to be completed with a clean retracement & double bottom at $0.315 - neatly correlating with the 161.8 fib extension of Wave A Current Market Cap: $63M Cash on Hand: $40M It is my opinion that 48North's cash position reduces the need for any capital injection through 2020. Frankly- it is going to be in the hands of 48North to demonstrate in 2020 that they truly can achieve their projected outdoor harvest numbers with drying capacity not being a barrier in 2020.
NLong
by tomthetrader1
8