TheStreet.com RealMoney

No One Believes in This Market

By Rev Shark

 About this article:
 With continued help from a weak dollar, the bulls keep their winning streak going. After a gap up this morning, it looked like we were really going to catch some very strong momentum as we made a new high for the year in the S&P 500, but the dollar suddenly reversed up, and we end up drifting around for the rest of the day. It wasn't bad action at all, but once we cooled off, we couldn't regain the heat. We had good breadth, with most major sectors except retail in the green. Wal-Mart was out with some comments today about how the holiday shopping season was likely to be tough once again, and Macy's didn't help the sector either with some weak guidance. Gold, oil and the other weak-dollar plays prospered yet again. The market continues to have very strong underlying bids, and the sellers...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.