The first quarter of the year is a great time of year for the small cap sector because a lot of little stocks get the benefit of new IRA money. However, in general, the Russell 2000 index has been much stronger than the rest of the market, and we might see this continue now that we are passed the first quarter. We issue two small cap reports every week, and the trades that triggered off of the first report worked extremely well. The second report for the week has now been posted and included five new picks, but here is the summary from the first half of the week with the trigger lines drawn from the entry points that we gave in advance:
PDLI worked great:
PPHM gapped over the trigger, no play.
SMOD worked:
AKRX worked great:
SWSH, which was added via the Messenger for Tuesday over $6.85, worked great: