'Survivor's Bounce' Coming to an End [View article]
Matt Shapiro of Stutland Equities and Bernie McSherry of Cuttone & Co. are positioning themselves for Dow 10,000, they said Tuesday. "We had two weeks of what I called airpocket micro-correction," Shapiro said. "The traders on the S&P 500 are selling out of those puts ... and they're actually buying calls on the fear the market might move a lot on higher earnings." McSherry had been betting against the market but said he was tired of fighting the rally. "I have switched my bet ... We're going to [10,000]," he said.
'Survivor's Bounce' Coming to an End [View article]
"I have switched my bet ... We're going to [10,000]," he said.
Five Things Worth Remembering About Healthcare in 2009 [View article]
You are right. The DNA trade is over. Not much upside potential left. Look elsewhere.
"Keep moving, keep moving. Nothing to see here."