Russell 3000.   Do any

    Posted by bp17 on 19th of Oct 2023 at 05:45 pm

    Russell 3000.   Do any of you track?  I heard it may break its 3.5 year trend line of support going back to 2019?  Bearish implications?  

    not generally, Russell 2000, Russell

    Posted by matt on 19th of Oct 2023 at 06:52 pm

    not generally, Russell 2000, Russell 3000 basically show the same thing. 

    the Russell gives a MUCH better representation of what has been going on with the average stock if you remove the 7/10 weighted stocks that skew the indexes 

    actually the Russell 3000 does

    Posted by matt on 19th of Oct 2023 at 06:57 pm

    actually the Russell 3000 does not look like the Russell 2000 or IWM, it looks almost exactly like the S&P 500 - see for yourself. The Russell 2000 is far far far weaker

    IWV is the Russell 3000 - compare to SPY, no real difference, don't see a reason to track it

    Thanks Matt 

    Posted by bp17 on 19th of Oct 2023 at 07:25 pm

    Thanks Matt 

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