Russell 2000 index that got our attention this evening the index hitting its own fresh 52week high are the small caps saying big things about the health of this record rally guy. Tim has talked about this and good for dan nathan. Why are you shaking your head . Why . Its monday. Were 30 seconds in. Youre already a downer. Dan mentioned it on the call. Everybody said dan is a downer hes not a downer, he pointed out the russell. 161. 5. That was the high back in may. These are pretty interesting levels the real high is at 173 that we traded back in august 2018 but the small caps are absolutely telling a story they have lagged the Broader Market for a while they seem to be catching up. The question is do we ratchet through this 161 level with the s p trading sideways for a while and retest that 173 high it certainly feels as though thats the next move so yes. Are you optimistic . I bring it up because its obvious. You look at this breakout here weve been looking at this index since the st
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