Market Losing Streak Hits Five Days

http://ireport.cnn.com/docs/DOC-929213 Stock Market Dailies: Rentech, Eastman Chemical, Ashland, and Gevo





Hedge fund manager Kyle Bass also told Bloomberg that his firm has sold its stake in J.C. Penney stock. J.C. Penney is still the worst performing stock in the S&P 500 this year, but shares rallied in the run-up to Black Friday. Some traders were not sure why the stock was getting hit hard this week considering that the company reported strong sales growth in November.












Robert Shiller most worried about boom in U.S. stock market





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Watching The Stock Market With Skepticism





I have been saving money for some time now; its been sitting in my bank account and earning next to nothing, she said to me. She heard on the news that the stock market in the U.S. is going higher and that the S&P 500 has reached its all-time highshe wanted to know what I thought she should buy. I think its about time I take some risk, she added. My aunt hasnt bought stocks in a while; in fact, she has missed out on all the gains made since the stock markets bottomed in 2009. What does this tell me? I find this a little scary, as should anyone who has been following the stock markets for a while. What my aunt said makes me skeptical; it shows that the notion of missing out is emerging. In the past, we have seen the stock markets reach their all-time highs, which gave investors the feeling they were missing out on gains.









He said the upswing in the U.S. market has dented confidence about market valuations, but hes also not seeing bubble-like mentality among investors. Shiller also repeated some worries about rising property prices in some places, noting a climb in Las Vegas. But I dont know where it is going, and we are seeing housing booms in a lot of other countries as well, he said. Gundlach pitched in that Norway has seen a 77% rise in its housing index from year-end 2004, an all-time high. Gundlach said that the absolute levels of U.S.