iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,434 Blog Posts

What Sort of Stupid Rally is This?

I’m not the only one missing out, am I?

According to The PPT, barely 50% of stocks are up today and less than 50% of the stocks in our database are rated “buy” or higher. For a market being advertised as being “on fire,” I certainly feel cold.

BS

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12 comments

  1. ripper

    it’s the “get ready for some VXX raping rally”.

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  2. steel man

    insurance stocks on fire — breaking out of long bases into all-time highs — have no idea why
    also strong names like PBI breaking out

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  3. kg

    DRYS GNK X CLF ALGN

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  4. kg

    more easing

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  5. TheHarper

    APP and other sorts of hedonistic stocks

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  6. fastprophet4u

    According to one of my more reliable screens, we marked the bottom this afternoon in the relative outperformance of large caps vs. small caps, or the whole market is going to fall apart. I bet “risk on” returns shortly.

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  7. mr.partridge

    Holy fuck boss, bought USU today .. booom! WTF kind of day is that?
    FD: trades posted in real time on ST

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  8. green machine

    Looked good for some of my grandfather account stocks.

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  9. it is showtime

    Marketwatch update 3:48 dow 10 points away from record

    Magically dow pushed as usual in last 5 minutes

    Bears will have victory as well as revenge when this is over

    (Do ‘you’ really think this makes sense? Healthy?)

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