TNA is an amazing buy!
Trend not broken. Trend is still upwards.
With the Fed basically guaranteeing interest rate cuts to start shortly the Russell2000 is ready to explode upwards.
Expecting to retest local highs in the mid $40's by year-end.
And if the economy views this rate cutting action as long term stability for the markets, then we can see significant returns in the small caps which have been trailing the SP500 for the last 2 years since about 6T in cash is sidelined, and money managers needs to prove their worth, since they have not been making good calls for their clients for the majority of this 2 year rally.
With the Fed basically guaranteeing interest rate cuts to start shortly the Russell2000 is ready to explode upwards.
Expecting to retest local highs in the mid $40's by year-end.
And if the economy views this rate cutting action as long term stability for the markets, then we can see significant returns in the small caps which have been trailing the SP500 for the last 2 years since about 6T in cash is sidelined, and money managers needs to prove their worth, since they have not been making good calls for their clients for the majority of this 2 year rally.
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