4min chapter

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Ep. 201: Joe Fahmy: Tight Is Right

Investing With IBD

CHAPTER

How to Get Confidence That the Rally Is On

IWM was arguably the first one to get above its 200 day moving average line but it hasn't seemed to quite have as much strength or has it petered out. It's a sign for me I mean in the larger scheme of things the net the Russell's not you know market cap not a big section of the market but it's an indicator of risk on when institutions are putting money into small and mid cap names. So now on that risk on front we've got earning season you know so I think what half of the companies basically are going to be having reported within the next week and a half or so.

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