Stocks Mixed into Final Hour as Lower Energy Prices Offset Higher Long-term Rates

BOTTOM LINE: The Portfolio is slightly lower into the final hour on losses in my Internet longs, Biotech longs and Semi longs. I covered some of my (IWM) and (QQQQ) shorts today, thus leaving the Portfolio 50% net long. The tone of the market is slightly negative as the advance/decline line is modestly lower, sector performance is mixed and volume is above average. Here are the top 10 Nasdaq stocks with the largest percentage increase in short interest relative to their float:

1. (OLAB) +57.8%
2. (NRPH) +20.54%
3. (CROX) +19.5%
4. (RHEO) +14.7%
5. (XING) +13.8%
6. (CONN) +11.9%
7. (WPSC) +11.3%
8. (MFLX) +10.6%
9. (MNTA) +9.7%
10. (TWPG) +9.3%

I expect US stocks to trade mixed-to-lower into the close from current levels on higher long-term rates and profit-taking.