A diary of the thought process behind my investment decisions
The stocks that are going up the most are regional banks that have not yet exited the TARP like Suntrust and specialty retailers like Abercrombie and Zumiez. Never mind that many of these regional banks can't even exit TARP because their assets are so bad. Never mind that specialty retailers like Abercrombie & Fitch and Zumiez trade at nearly 30 and 40 times forward earnings respectively. The only pertinent information is that these stocks have high short interest.