September E-mini S&Ps (ESU14 +0.29%) this morning are up +0.28% at a record high on optimism over the U.S. economic outlook and European stocks are up +0.32%.

The average small cap stock score is 49.39, below the four week moving average score of 50.50. The average small cap stock is trading -28.28% below its 52 week high, -6.29% below its 200 dma, and has 8.43 days to cover held short.

The average small cap score is 56.39 this week, above the four week moving average score of 50.54. The average small cap stock is trading -23.24% below its 52 week high,

For this report, utilities are the top scoring small cap sector and the best small cap industry is trucking.

The highest scoring names in small cap from 1 year ago (3/20/2013) returned 3,708 bps more than the S&P 500. The best performers have been RAD up 255%, CAMP up 205%, JAZZ up 163%, MDSO up 127%, GBX up 109%, and HOMB up 90%.

Our weekly best and worst reports show you stocks with the best potential returns over the coming 6 to 12 months.