Charting My Interruption (CMI): “Small Caps off Their Highs, But Still Hopeful.”


  • Small caps have been an anchor around the neck of this struggling bull market since the banking crisis of March 2023.
  • Since then, a series of fits and starts have only expanded the range the Russell 2000 has been in since the late 2021 peak.
  • While the Russell 2000 ETF (IWM) faded from today's early morning post-CPI peak, it still finished with an admirable gain of +1.57%.
  • If the IWM can stage further gains into the end of the week. . .

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