It is also a psychologically hard time for small cap investors in general during earnings season.
A lot of dumb money is busy buying the peaks of XJO stocks right now (ie. following the pumps). A lot will get burned out and then notice small caps rebounding strongly and wait and watch for a 'sure thing' and then buy in towards or near a peak there too
I generally take positions with good prospects in small caps April to Sep while they are cheap and then hold til at least December but sometimes for another cycle if the stock' looks worthy.
Usually works out pretty well going against the prevailing buying trends.
4CE Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held