21Oct9:53 amEST
Early Analysis of the Small Caps
"They've got tremendous moxie for their size."
"Tell me about it. IWM is a fighter."
Small caps are out of the gate impressively this morning. However, at the risk of throwing cold water on the party, note that software names like COUP MDB NOW OKTA TEAM WDAY are all red again (or flattish) and still cannot even muster a bounce after getting pounded last week, if not for longer than that.
Hence, my focus is on letting this tug-of-war play out as we head into a loaded earnings week, more than choosing a side early on just for the sake of it.