Small-Caps Having Their Own Post-Election Moment
Portfolio Pulse from
The Russell 2000, a key indicator of small-cap performance, has risen nearly 9% over the past five days, indicating a post-election rally for small-cap equities. This trend may continue through the end of the year and beyond.
November 11, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The Direxion Daily Small Cap Bull 3X Shares ETF (TNA), which leverages the performance of small-cap stocks, is likely to benefit from the recent 9% rise in the Russell 2000, indicating a strong post-election rally.
TNA is a leveraged ETF that tracks the performance of small-cap stocks, specifically the Russell 2000. With the Russell 2000 up 9% in the past five days, TNA is likely to experience positive short-term price movements as it amplifies these gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80