Year-to-date, the nearby daily chart of the Russell 2000 shows that the 50-day simple moving average (SMA) has served as both support and resistance. After a brief dip under the SMA in early November, the Russell 2000 has come back strong. Reaching levels that are within striking distance of all new highs.Over the past few years, we've all watched mega-cap stocks, especially the AI giants, dominate the market, leaving small caps in the dust and pushing valuation gaps to extremes we haven't seen in decades. ...