Small-Cap Stocks Make Some Big Moves

 | Nov 20, 2017 | 4:27 PM EST
  • Comment
  • Print Print
  • Print
Stock quotes in this article:










During Thanksgiving week, the indices tend to perform best on Wednesday and Friday, but traders start to look for action in individual stocks right away, which is why small-cap names outperformed today. The major indices had some mild strength and breadth ran positive, but the best action was in some of the smaller, more speculative stocks.

Biotechnology, oil and the FAANG names didn't do much, but stocks such as Riot Blockchain (RIOT) , Social Reality (SRAX) , Overstock (OSTK) , Helios and Matheson (HMNY) and QuinStreet (QNST) attracted attention. None of these stocks has any major news, but they are in hot groups like bitcoin-related or are exhibiting strong relative strength.

We should see more of this action in the next couple of days. It is important to recognize that this has little to do with the indices, although the indices do have a positive bias. It is more about simply finding stocks with the right technical setups that are showing up on the radar screens. RIOT, for example, was just in the right place at the right time and that is why it's running now.

I suggest that if you want to be active, forget the market timing and watch for pockets of action. I'll post some names to watch in the morning. Keep it simple and appreciate it for what it is, which is just some old-fashioned holiday trading.

Have a good evening. I'll see you tomorrow.

Columnist Conversations

Mattel (MAT) = disaster. It's just a little weird the company just tossed out its CEO before rival Hasbro (H...
GE, the former snoozer on earnings is pricing in an outsized move ahead of earnings tomorrow morning.  Th...
First, a not so subtle push up in UST interest rates. Second, silver up 5% for the week so far, and moving to...
one of strategies I like to use in order to play a direction and define risk is a selling a put spread.  ...



News Breaks

Powered by
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.