Posted by DigiNomad on 18th of Mar 2024 at 02:53 pm
IWM and SMCI - "as part of the addition to the S&P
500, it is being removed from the small-cap Russell 2000 (IWM).
Mott Capital estimates that SMCI has contributed about
16 points or roughly 8%to the index this year. The
index is up approximately 8%, meaning that SMCI is responsible for
100% of the index's gains this year."
So, IWM dodged a bullet today but what is going to take it
higher now that it lost it's biggest contributor to gains? Regional
banks?
Posted by ruidoso on 18th of Mar 2024 at 02:45 pm
IWM and SMCI - "as
Posted by DigiNomad on 18th of Mar 2024 at 02:53 pm
IWM and SMCI - "as part of the addition to the S&P 500, it is being removed from the small-cap Russell 2000 (IWM). Mott Capital estimates that SMCI has contributed about 16 points or roughly 8%to the index this year. The index is up approximately 8%, meaning that SMCI is responsible for 100% of the index's gains this year."
So, IWM dodged a bullet today but what is going to take it higher now that it lost it's biggest contributor to gains? Regional banks?
Re: IWM gains, SFM and
Posted by foody518 on 18th of Mar 2024 at 11:13 pm
Re: IWM gains, SFM and WING, clearly