Small Caps Continue to Shine Bright! We have seen a reversal in fortune this past week. Small Caps our outperforming the other indexes for the first time in months. We actually made a higher high over $227 on the IWM for the first time since June. It appears we are setting up to test the highs. I do not expect much for the rest of the week. We are seeing lighter volume already going into labor day weekend. Usually volume falls off even more as we get closer. ASAN had earnings this evening and did exceptionally well. It sold down after a management change but regained its footing. CELH is breaking out and looks to continue to move higher. The SPY and QQQ are starting to look toppy and may underperform. Before any massive shift in strategy. Let's see how we do when we come back after the long week.
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