From Newsmax:

Hedge fund manager Doug Kass said he is selectively shorting U.S. financial stocks, which have more than doubled since bottoming in early March, on the belief that they have been "priced to perfection" ahead of the banks' stress test results later on Thursday.

"From my perch, investors should sober up and reduce their holdings in financials now," Kass said in a note to clients. "Financial stocks are now priced to perfection."

Read full article…

Jeff Clark's take on one of the great short selling opportunities of the year:

Historic shorting opportunity is at hand

More posts on short selling:

Stansberry: Stock rally "included a bunch of garbage"

The best short selling opportunity of the year