Not only did the major indexes close the week at 2 year highs, small-cap and micro-cap speculation is picking up. Even the most riskiest assets, pre-revenue early stage companies that trade on the OTC Bulletin Board are beginning to show an increase in volumes. Now this is a metric that most industry pundits do not consider but I certainly keep it on my radar. For if investors begin to warm up to the most riskiest asset classes then what does this mean for the mid to large-caps? Historically it bodes well. This doesn’t mean to go out and start speculating across the board, however for me this is just another confirmation that this bull run we have been on has more to go. I definitely expect pullbacks along the way and will certainly be prepared for them.
Have a great week and good luck to all.