Reported 1 day ago
Market technician Jonathan Krinsky suggests that investors might want to explore small-cap stocks, particularly as the Russell 2000 index shows a 10% increase in 2024, lagging behind the S&P 500's 25% gain. Historically, small caps tend to gain momentum during this time, usually continuing until late January or early February. Krinsky highlights the financial and healthcare sectors as potential focuses but stresses the need for interest rates to stabilize or decrease for the small-cap market to thrive.
Source: YAHOO