SPY - iShares Micro-Cap ETF Witnessing Extreme Speculation

• IWC has exploded recently; it is having the best start to a year in recent memory.
• It's best to avoid it given the increasing weighting of money losing momentum names that aren't backed by their fundamentals.
• Especially steer clear of the SPACs in the IWC ETF.
• I'd rather pick my own microcaps. Buy the KRE ETF if you want cyclical small-cap exposure.

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