Trading week

I have not done much of anything the last week. I sold a few shares of a couple of my positions as I try to raise more cash.

The market seems to have stalled the last few weeks. The big names were moving but the smaller names are stuck in mud or slowly bleeding daily. That seems to have changed today with the bullish reversal of the crazy bearish reversal yesterday. Lot's of talk that that sell-off yesterday was an old fashion beatdown of a large trader who had to exit the market and everyone knew it and jumped on for a free ride. The market was primed for the sell buttons and it all worked...except the earnings still come in much better than expected.

The jobs and housing market are still a problem, and once they show a solid turn for the better we will have the green light. Until then it seems the market is going to go higher on a few things other than fundamentals, performance anxiety and sidelined bored money along with all the shorts that keep jumping in front of the train and adding fuel to the fire.