We still have some nice momentum in small caps. My allocation to small cap stocks is quite large but I am ready to move to cash at a moments notice. I don’t get married to any stocks. With the larger caps, I am trading them mostly with options. My stock portfolio was fully allocated by the end of last week. I don’t trade with scared money. If I did not have conviction, I would not be in any trades. I rely on my trading method to guide me based on my journalling records. In recent years I have been focusing on consistent results, the rest has looked after its self.
RUT weekly small caps index is full bullish but it is 24% above the monthly kijun sen so this has to be monitored closely.
RVX weekly small cap VIX is still in decline. Will monitor for any change.