The Nasdaq was relatively weak yesterday compared to most stock indices with the Nasdaq:Russell 2000 (US small caps) ratio drifting towards it's lowest level in 2 1/2 months.
This could be seen as logical as lockdowns ease and the relative advantage of big tech vs the rest is eroded somewhat.
No trade here for me as a spread but worth watching if trading either the Nasdaq or Russell 2000 outright
This could be seen as logical as lockdowns ease and the relative advantage of big tech vs the rest is eroded somewhat.
No trade here for me as a spread but worth watching if trading either the Nasdaq or Russell 2000 outright
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.