Here is an update on the stock of the year contest.
Looking through the list, I noticed (KBH: 16.95 +1.80%) up for the year. How does that happen?

Sold (MELI: 29.52 -10.41%) @ 40.00
Covered (LEH: 22.85 +2.19%) @ 37.50
Covered my shorts & sold my long.
I’m in 100% cash, and will start the 2nd quarter off fresh.

(MELI: 29.52 -10.41%) on fire, with massive volume.
Note: Withdraws secondary offer

Looking at my screen, one would think we are down 100 points. Many of the mo-mo names are getting poleaxed, what are people buying? The financials?
I feel like loading up with puts, but I’m hesitant to put on any trades at the moment– I’m sure many feel the same way. I will wait and see [...]

Weekly Watchlist
Chart toppers
High Volume
Heat Map
WallStreet Fighter

(MA: 253.74 -0.68%) Added to my short position
(PBR: 65.72 -2.06%) Added to my long position. Update: Out of position, price action & chart look terrible.
In other news, Matt is making a run in the 1st quarter with (FSLR: 253.65 +2.34%)

The Psychological rally
Get out of commodities
This may be my favorite picture, courtesy of Adam

Hat tip: Holy Taco

Hat tip WallStreet Fighter

See more funny videos at CollegeHumor

Fly will face Matt’s lethal team (FSLR: 253.65 +2.34%)
What a matchup we have– short financials vs. solar
Note: The championship game lasts a day longer, the tournament ends Monday, April 7 (same day as the NCAA championship)