Fewer Stocks Are Shouldering the U.S. Equity Rally

The video tutorial discusses the Russell 2000 index, highlighting its recent performance and significance in the stock market. It explains the concepts of moving averages, specifically the 50-day and 200-day averages, and their role in identifying market trends. The tutorial introduces the 'death cross' and 'golden cross' as key indicators for chartists, emphasizing the importance of these signals in market analysis. The video concludes with insights into the implications of these trends for investors.

Discuss the recent performance of the Russell 2000 and its impact on the equity market.

What does the phrase 'the trend is your friend' imply in stock market analysis?