May. 6 at 5:33 PM
Haven’t been very active this week because this market action just doesn’t make much sense to me
$SPY is pushing new highs up 12%+ since the beginning of April while we’ve got wars ongoing and inflation pressures globally.
That kind of disconnect isn’t something I feel confident trading aggressively in
My main watch is for when big cap volume starts rotating into small caps. That’s when things can get really interesting But we’re just not there yet
Small caps have mostly been making new lows with only a handful of names putting up 30 to 40%+ days
the volume tells the story:
May 5 2026 — 24,532,700
May 4 2026 — 28,632,300
May 1 2026 — 28,936,700
Apr 30 2026 — 29,220,700
Apr 29 2026 — 29,428,900
Apr 28 2026 — 24,139,400
Apr 27 2026 — 23,399,400
When you start getting into that 60 to 70M range that’s when you typically see multiple runners going 100%+
Until then I’m staying patient and protecting capital The opportunity will come no need to force it
$EVC $ERNA $HUTG $OSS