Massive Short-Squeeze Sends Small Caps Soaring; Gold Up, USD Dn Ahead Of CPI
July 11, 2023 at 16:00 PM EDT
With all eyes on tomorrow’s CPI print (and Friday’s Nasdaq rebalance), what was left for traders but to bugger about in Small Caps, squeezing shorts, and playing gamma-grab-ass. ‘Most Shorted’ stocks have exploded 11.5% higher from Thursday’s lows – far outpacing the 10%-in-5-days into June’s month-end… Source: Bloomberg Small Caps benefited most from this squeeze-gasm, […] Source
