2024 the year of the small-cap?

Base hits working

Good morning,

Large-cap stocks have dominated 2023 but 2024 could be the year of small-caps. 

The IWM is consolidating above the 10-day EMA and has a lot of upside to $200.

If it makes this move, which I think it will, it’ll be a hell of a January Effect with a lot of the names on the master watchlist ripping higher. 

For new swings I like OTLY > $.80 for a move to $1 and FUBO > $3 for a move to $3.50.

Day trade action looks pretty good this morning with a few runners.

Join us in the chat room for the full scan.

I’m in SMX with an average of $1.46 looking for a rip after the open to sell into.

Jay

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