Loading ...As Stocks Hit All-Time Highs, Hedge Funds Are Massively Shorting Stocks
Note: I don’t have a premium subscription so this is only the headline but that’s enough to get the mind flowing………..
“Shorts outpaced longs by 2:1 this past week, and 3:1 YTD. “
Breadth has been exceedingly narrow.
Its only certain INDICES (cap weighted) that are making new highs.
Shorting Russell is working.
Shorting China is working.
Shorting miners is working.
Shorting materials is now working.
Somebody is bound to play catchup. Who and when?
This rally is not broad based, that’s for sure. AAPL and MSFT are pulling the index higher all by themselves.
http://tinyurl.com/4teamcs8
I expect an engineered short squeeze to keep it all higher until the election has passed