Stock Market Today With IBD Small Caps Race Higher After Breakout: Acuity Brands, ESLT, BX In Focus
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Aug 13, 2025 The discussion kicks off with a deep dive into the recent surge of small-cap stocks, particularly spotlighting the Russell 2000 index. Key performers like Acuity Brands are highlighted, showcasing their strong growth post-earnings. The analysis continues with a look at Blackstone's robust financial performance and its technical setups. Additionally, the volatility surrounding Cisco's earnings and newly IPO'd companies adds to the dynamic market conversation, emphasizing the importance of evaluating stock fundamentals.
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Small Caps Rally From Rate-Cut Expectations
- Small caps (Russell 2000) surged two days in a row, showing a sharp rotation into riskier, rate-sensitive names.
- This move reflects growing market conviction about a likely Fed rate cut in September, boosting small-cap sentiment.
Breadth Shows Broader Participation
- Market breadth improved with the RSP equal-weight ETF testing its 50-day moving average and outperforming the cap-weighted S&P.
- This suggests broader participation beyond megacap winners, though rotation can reverse quickly.
NASDAQ Stalling Needs Watching
- The NASDAQ is showing occasional stalling sessions, marked by higher volume and closes in the bottom half of the range.
- These stalling days are minor distribution signals but haven't yet derailed the broader bullish trend.