IWM
📈 Initial reports highlighted a significant 5-day surge in the Russell 2000, creating a bullish sentiment.
⚠️ Later, cautious notes appeared, but failed to warn of an impending sharp decline.
📉 The index experienced a brutal drop shortly after the positive news, catching many investors off guard.
📰 The video emphasizes the importance of independent analysis over relying solely on news headlines.
@josantrader:
“The speaker discusses the iShares Russell 2000 ETF (IWM), noting a strong upward movement in mid-July. News outlets reported the Russell 2000 had its best 5-day stretch in four years, which encouraged a bullish outlook. However, just a week later, reports surfaced advising caution, though without clear warnings. Shortly after these reports, the Russell 2000 experienced a significant drop. The speaker highlights that no news source explicitly warned of the potential downturn, as the prevailing sentiment aimed to induce traders to take long positions.”
Watch the exact part of the video where Josan Trader talks about IWM here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on iShares Russell 2000 ETF (IWM) at the following link. IWM stock.
