Market round-up: Buy the pullback in Russell 2000, says Rastani – Tip TV
With all three major indices – Dow, Nasdaq, and S&P 500 – trading at record highs, it is difficult to trade the markets… as there is always a fear of a technical correction, especially in the current environment of the sharp rise in the bond yields.
Alessio Rastani from the LeadingTrader.com advises Tip TV viewers to focus on the mid-cap Russell 2000 index, which has left the major indices in the dust and is likely to continue outperforming the big three.
Rastani is looking to buy the pullback in the Russell 2000 index and believes the Hedgers positioning in gold is a good indicator of the big move in the prices. Check out the full segment, where Rastani explains the rationale for his trade ideas.
The segment is hosted by Tip TV’s Zak Mir.
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