Even though the broader markets fell over 7% in the month of May making it the worst May for the Dow since 1940, the micro cap and small cap space continues to outperform. The bulletin board where many highly speculative issues trade realized a 60%+ increase to over $1.5 billion in gross dollar volume last month compared to May 09. That is quite impressive considering how poorly the overall markets performed. Let’s see how this week plays out in the markets.
Have a great week.