Small Cap Stocks Set To Hit New Highs Any Day Now

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By Ross Givens

How much steam can there be left in this rally when all the major indexes are at new record highs?

Well, as today’s chart shows – sometimes, we just need to look at the more ignored parts of the market.

Chart of the Day

This is a chart of the small-cap Russell 2000 dating back to January 2020.

While other indexes are at new record highs, the Russell 2000 is still about 15% lower from its all-time high.

As you can see, it’s been essentially a long-term consolidation pattern for the past two years, since March 2022.

Recent price action taking it above the previous “peaks” shows we might see small caps break out strongly.

This is where I would be scanning for the choicest opportunities right now.

Insight of the Day

Even though the Russell 2000 Index has yet to break out as a whole – the leading stocks already are.

As I always say, market leaders lead the market.

Even though the small-cap index hasn’t broken out yet, it’s on the verge of breaking out…

And that means the leading small-cap stocks are already breaking out – or are right about to.

Considering how quickly small-cap stocks can shoot up, this is not an opportunity you want to miss.

Musk: My new robots could be bigger than Tesla


No one can deny Elon Musk is a visionary. But has he finally gone too far? Musk changed the world with Paypal, Tesla, and SpaceX. Not to mention he's the world's richest person. But he's raising quite a few eyebrows these days. He recently introduced his new, humanoid Optimus robots. They'll soon be building Teslas… But that's not all they'll do. Musk also mentioned these AI-brained robots… Could serve as “romantic companions” for lonely people. (Except the words he used were more explicit.) Is this the future of AI? No one should bet against Musk. See the shocking future of AI here.

P.S. Genius investor James Altucher is predicting between now and March 8, 2024, a new generation of AI will create a brief “wealth window” in America. It could make crypto look like pocket change. He's sharing full details HERE.