Market Review: During the past few weeks, we experienced one of the most intense short-squeezes in years, but the evidence appears to me that it’s over. Without panic short-covering and without institutional money stepping in, there is really no one left to buy and so the market dropped like a stone on Friday.
Weekly newsletter of Danny Merkel - Issue #83
Weekly newsletter of Danny Merkel - Issue #83
Weekly newsletter of Danny Merkel - Issue #83
Market Review: During the past few weeks, we experienced one of the most intense short-squeezes in years, but the evidence appears to me that it’s over. Without panic short-covering and without institutional money stepping in, there is really no one left to buy and so the market dropped like a stone on Friday.