The stocks up the strongest today are the ones with the highest short interest. It started last week as TSLA and GMCR beat earnings estimates and kicked off a round of short squeezes. It has ignited stocks like DDD, NFLX, SPWR, THRX, and JCP. This is your 2013 market. Funds are hand picking highly shorted stocks to start short squeezes and relentlessly bidding up the stock to put the shorts under extreme pressure.
The shorts are really feeling the heat right now and I can see that they are being forced to liquidate positions in order to survive. Fundamentals don't matter at this point, its all a shooting parlor, trying to attack the weakest hands.
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