TaskUs, Inc. Class A (TASK)

78.09
1.80 2.40
NASDAQ
Prev Close 76.30
Day Low/High 74.00 / 79.18
52 Wk Low/High 26.66 / 78.80
Exchange NASDAQ
Shares Outstanding 97.29B
Market Cap 7.42B
Div & Yield N.A. (N.A)

The process of closing the gap between large-caps and secondary stocks may be starting today.

Many of the stocks favored by speculative traders are coming on strong.

And that's going to stick around for a while longer.

I'm working on positioning in front of some earnings reports where the companies report Tuesday after the closing bell.

There are plenty of small-caps that have finally bounced and are now consolidating.

Negative sentiment in small-caps and biotech has become extreme and the gap-down open this morning was needed to wash out weak holders.

We're going to see some random action in front of the weekend.

This is a nice-looking uptrend right now, and I see no reason to start anticipating major problems.

This action is not at all 'frothy,' which is a common contrary indicator that the bears embrace.

It's unusual to find a growth stock with the potential for revenue increases that's already making money.

I don't want to sound negative as it's a major positive that there isn't aggressive downside follow through.

Stocks with good charts, good fundamentals, and good stories are attracting buyers.