Daily Report : A small-cap surge of historic proportions; Buyers come back in force yet again, nearing a record year

The Russell 2000 index of small-capitalization companies has surged more than 10% over the past 2 weeks. This kind of buying interest has preceded further gains in the Russell every time and typically led to higher prices for the broader market, as well.; Buying interest was enough on 2 out of 3 sessions that more than 80% of volume flowed into advancing stocks. These kinds of thrusts have a positive and consistent record. Even more notably, there have been 33 of these sessions in 2020, close to a record year since 1962.

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