• The best small cap sector is technology.
• The top small cap industry is investment brokerage.

The average small cap score is 49.69 and the average score over the past four week is 53.57. IMPORTANT: Scores shifted to reflect second quarter seasonality.

The average small cap stock in our coverage is trading -24.48% below its 52 week high, 1.25% above its 200 dma, and has 6.76 days to cover held short.

After rolling scores to reflect second quarter seasonality, the top scoring small cap sectors are technology and healthcare. Industrial goods and consumer goods score in line with the average universe score. Services, financials, basics, and utilities score below average.

The following are the best and worst scoring in small cap after the shift to Q2 seasonality. 

Healthcare has historically been the best sector for seasonal upside in Q2. 

Small cap average scores declined following the update to weaker second quarter seasonality. 

Following the shift to second quarter seasonality, the top scoring small cap industries are investment brokers, resorts/casinos (MCRI, PENN), diversified electronics (MEI, SIMO), home healthcare (AMED, CHE), and processed & packaged goods. 

The top scoring industry in basics is oil & gas drilling & exploration (WTI). In consumer, the best industries are processed &packaged goods and auto parts (SRI, MTOR). Investment brokers and regional banks (MBWM) score best in financials. Home healthcare, medical instruments (MMSI, ICUI, LMAT), and medical appliances (SPNC, WMGI, CSII, ABMD) are top scoring in healthcare. Focus on general building systems in industrials. Resorts/casinos, education (STRA), and catalogs (NSIT, GAIA) score best in services. Diversified electronics, semi equipment (UTEK), and specialized semi (MPWR) are high scoring in technology.