Using ETFs to Capitalize on Small Cap & Silver Volatility

Macro Economic Overview - The current macroeconomic environment appears strong, highlighted by a robust ISM manufacturing number, indicating a healthy economy [1] - The S&P 500 earnings have increased by 9% year-over-year, reflecting positive performance during the earnings season [2] Small Cap Performance - Small-cap stocks are significantly outperforming larger counterparts, with earnings up 25% year-over-year so far this earnings season [3] - There is a continued interest in small-cap investments, with specific mention of ProShares' high-income ETF focused on the Russell 2000 [4] Silver Market Insights - Silver has experienced considerable volatility, with a notable sell-off followed by a rebound, and is currently up 161% year-over-year [5][6] - The dual nature of silver as both an industrial metal and a precious metal provides it with unique investment characteristics, making it a potential buy during pullbacks [7] New Investment Products - ProShares has launched a new ETF, the ProShares Coindesk 20 ETF, which includes the 20 largest cryptocurrencies beyond Bitcoin and Ether, indicating a diversification into the cryptocurrency market [9]