To The Moon

U.S. stocks rose sharply on Tuesday as major stock indexes rebounded after recording their worst week of performance in two years last week. $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ Led by a rebound in European stocks and Asian equities, the bear market reversal in U.S. stocks is not driven by a single condition. The prevailing view is that any recent rebound will be nothing more than a "dead cat bounce" that will eventually end in failure. A dead cat jump is usually a rally that lacks fundamental support and is likely to be followed by renewed weakness. Market opinions diverge: Oppenheimer: 7 of 10 indicators on the market bottom checklist is yes! According to data, the institutions' orders still show bearish signal: Goldman Sachs said in a report last Tuesday we notice hedge fund clients have seen a "significant" climb in short-selling volume since last week, with broader investment strategies or macro products such as ETFs dominating last week's U.S. stock short-selling trades. Last Monday, when risk assets plunged across the board, Commodity Trading Advisors funds sold about $11 billion of bonds and $21 billion of stocks. Meanwhile, Target Volatility Funds also cut cross-credit and bond holdings.