Today is a “quadruple-witch” expiration day, so anything can happen….The recent rally has obviously been a very good one, but we do need to point out that the Russell 2000…and regional banks (which are heavily weight in that small-cap index)…have become very overbought on a short-term basis. Therefore, they should be due for a pullback very soon…no matter where they go over the next month or two.
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