The small caps followed through today and could be in rally mode now. It's good for the markets when small caps or tech lead the way as it shows market participants are willing to put capital in riskier investments. The fact that the techs are lagging could short circuit this rally, but I am giving the bulls the benefit of the doubt until proven wrong. I am short of time tonight so I am just going to add one chart to this weeks list.
Riverbed Technology, Inc. (Public, NASDAQ:RVBD)
RVBD has been consolidating the IPO run up in a very orderly manner. It is starting to hug the 20sma and may push past resistance in the next day or two.
Good Luck,
DT
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