Tuesday’s trading was perfect for small and mid-cap stocks. Although I stopped counting before I’d gotten through all 302 names hitting a 52-week high yesterday, two-thirds of the stocks were small- and mid-cap stocks, with just 10 large-caps over $100 million.
I’m not surprised smaller stocks are getting attention these days. Before Christmas, I said that small-cap stocks looked ready to take off. They sure did yesterday. If you’re a momentum investor, you’ve got plenty of options.
