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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

The Ox

To: ajtj99 who wrote (15321)	1/14/2021 3:03:47 PM
From: rimshot	2 Recommendations of 97958

Smaller companies are bigger than ever with U.S. stock investors, judging by the Russell Microcap Index. More than 86% of the index’s components, whose median market value is $319 million, topped their 200-day moving average on Friday and Tuesday. The readings were the highest since the Russell Microcap was first calculated in 2005, according to data compiled by Bloomberg. “This earned a ‘wow’ from us,” Strategas Research Partners LLC wrote in a Twitter post Wednesday with a similar chart. Last month, the gauge broke a record of 83% that was set in September 2009. - Bloomberg

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