Sentiment has shifted away from penny stocks and cyclical stocks

January 6, 2025, 3:43 PM ETiShares Russell 2000 ETF (IWM)EGR, XLE, XLVXLB, XLF, XLI, XLP, IWN, VB, XLREby: Monica L. Korea, SA News Editor
Sentiment has shifted away from penny stocks and cyclical stocks

Vladimir Zakharov

Since December, sentiment towards small-cap stocks has been rising (NYSEARCA:IWM“Cyclical stocks have weakened and lagged,” said Stephen J. DeSanctis, US mid-cap strategist at Jefferies.

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According to the Jefferies memo, small businesses (NYSEARCA:IWM) has witnessed external inflows of $8 billion since the beginning of December and

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