There is a chance that day trading small stocks long could come back if the major market stay's high but if in the near future traders finally start taking profits on their Big Cap gains.
That's not going to help small caps.
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That’s the sad thing, usually the major green market would equate to multiple 200% penny runners. Pennies don’t do so hot when SPY goes down. So really this is the best opportunity for pennies to be doing well
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Bear market in small and penny stocks will end and days of massive winners will be back. Wait until you see 2 days in a row.