Sticky Money Moving In

The analysts may not like this market. The pundits don't like it. The press doesn't like it. But you can feel the money pouring in over the transom. This market is beginning to gain retail adherents and when people stop thinking about that garbage of "sell in May and go away," they are going to come back with a vengeance.

Some of it you can see in stocks such as Citigroup (C - commentary - Trade Now), General Electric (GE - commentary - Trade Now), American International Group (AIG - commentary - Trade Now) and Bank of America (BAC - commentary - Trade Now), all of which are daily well-traded stocks that have brought in a lot of people.

But what's most telling is the Nasdaq, an area from which the mom-and-pops can't -wean themselves, and it is all about Intel (INTC - commentary - Trade Now), Microsoft (MSFT - commentary - Trade Now), Oracle (ORCL - commentary - Trade Now), Apple (AAPL - commentary - Trade Now), Research In Motion (RIMM - commentary - Trade Now) and now Palm (PALM - commentary - Trade Now). They can't seem to resist.

Only retail comes in on top of yesterday's big run and moves the market up again. The pros are so busy fading the market and fading the futures (selling on strength) that they are getting caught endlessly in the retail cross fire. The retail flood is one of the reasons why the VIX is under 30. That's the stickiness personified.

I suspect this interest will only burn brighter as the favorite bank stocks go higher and the Nasdaq refuses to roll over. If Hewlett-Packard (HPQ - commentary - Trade Now) is good tonight, I bet a whole new slug of money chases tech.

Respect this money. Once in, it is sticky. It's not going away.

At the time of publication, Cramer was long General Electric and Hewlett-Packard.

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