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- Small-Caps Soar To Record Highs
Small-Caps Soar To Record Highs
Small-cap speculation, biotech blowouts, and other noteworthy pops and drops.
NEWS
Small-Caps Soar To Record Highs
Source: Tenor.com
Stocks kicked off the week with gains, supported by positive sentiment around Scott Bessent's Treasury secretary nomination. With 95% of the S&P 500 already reporting, results have been strong relative to expectations. Small-caps remain the star of the show as investors and traders venture further down the risk spectrum. š
Today's issue covers the latest speculation in small-caps, two biotech drug blowouts, and other noteworthy pops and drops. š°
Hereās the S&P 500 heatmap. 10 of 11 sectors closed green, with real estate (+1.34%) leading and energy (-1.97%) lagging.
Source: Finviz.com
And here are the closing prices:
S&P 500 | 5,987 | +0.30% |
Nasdaq | 19,055 | +0.27% |
Russell 2000 | 2,442 | +1.47% |
Dow Jones | 44,737 | +0.99% |
Most bullish/bearish symbols on Stocktwits at the close: š $OPI, $RGTI, $BCOV, $ZM, $BARK š $M, $SAVA, $ONCT, $BBY, $BURL*
*If youāre a business and want to access this data via our API, email us.
STOCKS
The Russell 2000ās First Record In 3 Years š„³
The small-cap Russell 2000 made new all-time highs on an intraday basis, barely missing a record close as the bulls continue to take on more and more āriskierā bets. Now, all the major U.S. indexes are trading at all-time highs. š¤©
Source: TradingView.com
As breadth continues to expand and speculation runs wild, beaten-down stocks like Beyond Meat, B. Riley Financial, AMC Entertainment, and more are all seeing a ācatch upā bid from investors and traders alike.
Meanwhile, certain sectors and inudstry groups remain hotter than others. For example, space stocks continue to soarā¦with Rocket Lab leading the charge following two successfuly launches in less than 24 hours. Shares rose to new all-time highs on the news, as traders and investors continue to bet on big moves. š
Source: Stocktwits.com
And if you need further evidence of the wild moves happening in markets right now, you can check out ZenaTech ($ZENA), an AI-drone company that soared over 250% on the day alongside Joby Aviation and others. š¤Ŗ
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