I have a news flash for you. There are no more shorts. Who do you think has been holding this market up, basically parabolic, from 1400 to over 1500 in 23 trading days (yes, that's true, you can look it up)? New money? Sure, maybe some, but the vast majority of a rally this fast has been short covering.
Shorts are gone now....you're on your own.....Good luck with that, you'll need it.
This index totally BS. Yes, individual stocks should trade based on their performance. Negative economy and increase of jobless rate. This POS is at multi year high without reflecting the bad news. Holiday season came and gone. No big money spent on holiday
season. Not many participating in this rally. Those making money cautiously trading knowing the fact is long overdue correction is imminent.