Micro-Caps Break out to a new High: These 3 Stocks Convince with Relative Strength and Interesting Chart Setups.

While the major tech companies dominated the events in the US market, a rotation towards smaller companies seems to be emerging. The breakout of the iShares Micro-Cap ETF (IWC) can primarily be attributed to the combination of a favorable interest rate environment, economic strength, and market dynamics. Small companies, as represented by the Micro-Cap ETF, are particularly sensitive to interest rates. Lower interest rates reduce financing costs, ease loans and capital raises, and increase the attractiveness of growth investments. The US economy...