It’s the “Summer of Big Tech”, and that’s because plenty of new investors are flooding into the market. $20 billion dollars came pouring in during June alone, and those new investors have been looking for familiar names. Small caps have been lagging behind, but they’re looking for their moment to break out. We could even be seeing a move towards smaller-cap stocks as investors grow bolder in looking for moneymaking opportunities. That could even be great news for a tiny $2 stock that’s set to play a vital role in the booming electric vehicle sector. Vaccine makers could be seeing another strong run off of global momentum. In spite of some chop in the rearview mirror, investors are still hungry to make money, and they’re still in control of the market.
Cheers and good investing,
Michael A. Robinson