FreeIWM4 min read
IWM: the special situation worth owning
IWM
Delayed
EEM
Delayed
EWZ
Delayed
The thesis
The special situation here is mispriced relative to the catalyst path.
Relative strength is quietly building under the index headlines.
What I'm watching
- IWM relative strength vs SPY
- EM fund flows
- A clean move through the level I flag below
Positioning
Short on IWM, 1-6 months horizon. Conviction: Medium. Liquidity is thinner here — I size down and stay nimble.
Opinion, not investment advice. The author may or may not hold positions discussed.
Opinion. The author may or may not hold positions discussed. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.
Comments
1 commentThe second point is the one most people are going to skip over.