Stock Markets Rolling Over?
December 20, 2024
The Russell 2000 etf by symbol IWM is already down 10.8% from its all time highs made in late November, less than a month ago. We also see groups like biotechs, solar, and financials (KBE) making new correction lows. So the question is, how much downside will they see, and with crypto junk also crashing, will some of the money leaving these overbought areas find its way into gold, silver and the miners? Stay tuned!