Largest Short Covering in Four Years

Largest Short Covering in Four Years

The largest short covering was seen yesterday in four years, however, there has also been the largest long selling month too in the past 3 years Lots of stuff on today's note Europe, Asia, Currencies, Crude To access this post, you must purchase Small Institutions,...
First Call April 30, 2020

First Call April 30, 2020

S&P futures down 0.6%, near worst levels in Thursday morning trading after another round of big gains on Wednesday. Asian markets higher overnight with Australia, Japan, and Taiwan the standouts and China up 1%. European markets mostly lower. Treasuries mostly...
Largest Short Covering in Four Years

Tremendous Optimism

Sorry for the late note today.  I've been on a lot of calls today Trump calls this "Tremendous Optimism"  I agree The market likes the Gilead drug news although it's not a silver bullet FOMO is back Adding a new short idea Still have very few Trade Ideas on the sheets...
Largest Short Covering in Four Years

First Call April 29, 2020

S&P futures up 0.5% well off the highs in Wednesday morning trading after three of the four major indexes fell on Tuesday, unable to sustain earlier gains. Asian markets mostly higher overnight with Taiwan and Australia seeing sharp gains, followed by South Korea,...
Largest Short Covering in Four Years

Bullet Points

Bullet points today of things I'm observing in the markets Consumer Confidence crashed FAANG underperformance ahead of earnings US Sector ETF update Charlie stopped by today Here is the replay link of today's webinar on short interest Use this password: 5l$*22N$ ...