With a distinct lack of excitement, the small caps are running in place. The earnings are fading, and all the recent headlines are big cap related. The China trade deal will impact big caps the most. Boeing is a big cap and has taken down multiple sectors with its problems. There is simply no excitement in the small caps today. This is the post earnings depression period for small cap stocks, and it shows. I went through my charts on more than 300 small cap stocks over the weekend and there were less than 10 that looked even close to buyable.
New positions are only added on Wednesday and Saturday except in special circumstances.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays