May. 12 at 1:10 PM
Small caps are still moving slowly right now.
Yesterday, IWM had its lowest volume day of the year with just 20,107,000 shares traded, which explains the lack of strong momentum across the small cap market.
Only a handful of tickers managed to push over +30% on the day.
Today, the scenario looks very similar:
$BZFD +108%
$TDIC +47%
$CNCK +43%
$VSTS +32%
$CREG +30%
HTCO +30%
As a small cap trader, the main objective is learning how to navigate these slower market cycles without giving back your funds chasing weak setups.
Right now, many traders are shifting toward swing trading mid caps and big caps while SPY continues to stay bullish and print new highs.
When big cap volume eventually slows down, small caps are likely to see a boost in volume again, creating new opportunities, trends, and hype across the sector.
The market environment always changes. Protecting capital during slower periods is just as important as being aggressive during hot ones.
