The stock market has had nearly a straight-up move since Christmas Eve. Technology stocks have been especially strong.
• As the chart shows, smart money flows — those from professional investors — are very positive in only two popular tech stocks: Alibaba BABA, -0.81% and Facebook FB, +0.36% Short squeezes A short squeeze occurs when short sellers either panic or are compelled to buy to cover shares that were previously short sold. This leads to a lot of artificial buying that is not based on fundamentals.
Risk-adjusted rankings are more useful for medium- and long-term positions. Non-risk-adjusted rankings are more useful for short-term or trade-around positions.
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