Supposed to be near a record level of short interest in the stock markets, mostly put on yesterday.

A lot of guys intend to bet against this huge short interest. Any move up could turn into a rout of the shorts.

Last night on Fast Money, the same 4 guys who predicted a short term top in oil by all claiming it was going straight to 90 a barrel are now all long stock indexes. Hmmm. Are they a fade?

This situation is different. This time, trading with these guys amounts to fading quite a large chunk of the market that is lined up and all betting "down".

Retail sales reporting as I type. Walmart at low end, not terribly good, but they held guidance which could be telling. Target at high end.

Futures trading up across the board. Could be a coin flip of a day. But with that large short interest, up could be a safer bet.

Cheers.

Btw, yesterday, HANS quietly moves up 3.6% to a new all time high. Up even higher on overnight ECN. I love this stock.