Don’t be sucked in

I know the futures are up, NASDAQ and DJI and S&P, all higher.  I don’t actually see this bringing up all stocks, in fact I see a lot of stocks that aren’t going up as you would think that they would.  Something isn’t right here.

I have no positions currently, but I would look at today as a good short or buying puts opportunity.  Though I can’t say what I see, I just think that it looks like the pre-hours market being up so well isn’t going to follow through. 

Maybe I’m wrong and the market will stay so aggressive and move even more upward.  Again, I’m not holding anything in my competition account so if all stocks went back to all-time highs, I wouldn’t feel any pain or happiness.  I’m sure that a lot of people don’t feel the same way though.

So is it me, or does the IBM news not seem like enough to off-balance SHLD news plus the general direction the market has been in recently?