The Fed Just Lit a Fire Under Small-Cap Stocks. Here’s the Best ETF to Trade It.

The Fed’s first rate cut of the cycle is here — and as John Rowland, CMT, highlighted during last Friday’s Market on Close livestream, that’s usually bullish fuel for small-cap stocks.

The move is already showing up in price action. The Russell 2000 ETF (IWM) notched a fresh high — its first of the year, and the highest close since 2021.