The Rude Awakening Wednesday, May 15, 2013 |0930 Hours Markets Shift to Overdrive Anatomy of a relentless market melt-up Why S&P 1,900 isn't so crazy after all… Plus: Will the boom generation jump back into stocks? Greg Guenthner coming to you from Baltimore, MD... Greg Guenthner Put down that jelly donut for a second… Do you see what's happening here? This market is in overdrive. The melt-up has been relentless, with the broad market gaining more than 1% yesterday. Nearly 200 domestically traded stocks finished the day up 5% or more. I told you it would be unwise to fight this tape. Short squeezes are fueling some of the bigger moves higher . Anyone betting against stocks right now is losing his lunch. Yet while stocks are moving higher, experts still don't see any need to be overweight equities for some reason. The average strategist recommends a stock allocation at less than 50%, according to Bloomberg. The equity risk premium (a favo...
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