The Tell: Short-sellers disappear as market gears up for shortened holiday week

You might not know it from the depressing headlines, but it's been a great run for the bulls and an increasingly brutal stretch for those betting against the stock market. At the end of October, the median stock in the S&P 500 had outstanding short interest accounting for just 1.6% of market cap, the lowest level since at least 2004, according to Goldman data.