A bit of selling in small caps | stockbee

1/31/2013

A bit of selling in small caps


The small caps are showing some signs of selling. The technology large caps continue to struggle and the Nasdaq 100 has been finding it difficult to participate in this rally.

It is too early to say rally under pressure. For that breadth will need to deteriorate further. The bullish sentiments continue to rise and you see front page of newspaper and they have stories about individual investors coming back in the market. That by itself is not a reason to worry as sentiments can remain elevated for long before market can top.

Overall the moves in individual stocks are muted with many not making much headway after breakouts. 

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