Market Update The market was 'supposed to' hit a peak on Tuesday, but higher closes all three days since then indicate the bulls either (1) didn't know, and/or (2) didn't care. All told, the S&P 500 is on pace to close the week out higher by 14 points, around 1239. Yet, if you think there's something just "not quite right" about the way this is all panning out, you're not crazy - this is creepy.  That's not to say there hasn't been some great bigger-picture news as a backdrop for this rally. The trade deficit is shrinking, consumer confidence is getting better, and unemployment claims are falling.... all good things. They're all longer-term things though, and considering the SPX is up 5.0% for the last two weeks and up 19% since the end of August (with only one 5% corrective move in the meantime), the broad economic support doesn't change the fact - and risk - that stocks are overbought at this point, and ripe for a tumble.  That's the conundrum - do we follow this incredible momentum knowing it's well beyond reason on the heels of only mediocre economic news, or do we trade based on the rationale assumption that stocks will ultimately pay the price for working their way into this overbought scenario? Click here to continue reading the rest of this update.   What's Shakin' in the SCN Community Two China IPOs Dazzle the Markets this Week China is a hot trading theme these days. And who doesn't like IPOs? Put them together and what do you get? Take a look at how two different China IPOs did this week. My Dream Small Cap Portfolio Bryan Murphy gives us his picks in a "Dream Portfolio." The dream may not be that far off, as all of those stocks trade under $30. As a complement to the Dream Small Cap Portfolio, he also lets us in on his "Dream ETF Portfolio". Advanced Cell Technology's CEO Hints At More Developments and News Day traders and momentum traders are starting to flock to the scen. Biotech guru, M.E. Garza posts the transcript of an interview with the CEO of Advanced Cell Technology. See if M.E. believes the story. Commodity Outlook for December 2010, Early 2011: Gold, Silver, Oil, Dollar For those investors that are interested in more than just small caps, a look into the forces at work for some commodities and currencies. Quantitative Easing Two and the QE2 Question With all of the technical jingo jango coming out of Washington on how they are going to fix the economy, one might feel like they need a Ph.D. in economics just to understand what's going on. Well, here's some analysis and explanations on Quantitative Easing, Part II. Market Outlook: S&P 500 Burns the Candle at Both Ends, Ripe for Correction Are the holiday spirits and the holiday spending enough to keep the upward momentum of the markets going? Take a look at the charts and see what's in store. More Articles This is a Big Week for Chinese Initial Public Offerings What's the S&P 500 Worth Right Now in Real Valuation Measures? Even Switzerland Isn’t Neutral When it Comes to Euro-Pain DARK HORSE HEDGE - Super Rad, RDWR The Long-Term Future of Germany World Beer Drinking All Year Long? Wireless Stocks Back to Work Why Hedge Funds Love Tail Risk Trading   Picks to Consider WRLD Picked by Scott Brown on 10/27/10 @ $42.92. Currently @ $51.40 (+8.48 +19.76%) UHAL Picked by Jeff Own on 7/30/10 @ $68.17. Currently @ $104.62 (+36.45 +53.47%)