Time to break out your Dow 10K hats! The Dow dropped below 10,000 on October 7th, 2008. And it just made it back to that significant level today, 53 weeks later.

Don't expect the Dow to advance too much more from here though, at least in the short-term. I expect 10,000 will act as psychological resistance for a while. But longer-term  I'm expecting more upside this year and think the Dow has a shot at 10,500.

And that means there is still opportunity in the stock market: especially among small cap stocks.

As we've seen, quality small caps often make dramatic moves higher. And that's because, to quote Tom Petty, "the future is wide open" for these companies...

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