Friday 7atSeven: deja melt-up

Here are seven (or so) links at 7AM Eastern.  Good luck out there today.

Chart of the morning

 Friday 7atSeven:  deja melt up

94% of S&P 500 stocks are trading above their 50 day moving average.  (@jackdamn)

Markets

A look at past market melt-ups.  (Global Macro Monitor, Bespoke)

The fear bubble has burst.  (Money Game)

Markets are acting as if this is the end of the Euro crisis.  (Market Anthropology)

If you were long and strong this entire move, congratulations.  (Dynamic Hedge)

You can’t trade these days unless you understand the “global government put.”  (Pragmatic Capitalism)

Companies

Should the downdraft at MF Global ($MF) make us nervous?  (NetNet, Felix Salmon, MarketBeat, Dealbreaker)

Hewlett-Packard ($HPQ) is going to stay in the PC business.  (Bits, Deal Journal, AllThingsD, WSJ)

Why Apple ($AAPL) is likely to make a TV and not just a box.  (SplatF, Daring Fireball)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.

Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. If you click on my Amazon.com links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus