Short interest inched up on NYSE and Nasdaq, and hovers near multi-year highs Shorts squeezed out of several sector ETFs since mid-Oct bottom in stocks Shorts probably will get active and rebuild position in XLU, XLE, IWM Short interest inched … Continued
Chair Yellen brings up issue of “elevated” P/E and P/S ratios In 1996 and 2014, markets ignored Fed chiefs’ valuation warnings Tight R between SPX and operating earnings, which probably peaked in 3Q14 One of the nuggets in Federal Reserve … Continued
Bull markets need fuel for continued push higher. Money can leave other asset classes, such as bonds, and into stocks. Or, they can come out of, let us say, money-market funds into stocks. Foreigners can raise net purchases of U.S. … Continued
Short interest rises on both NYSE and Nasdaq, likely to rise more near-term Short squeeze big factor behind rally post-Oct 15th trough; bulls unable to force another Short interest on IWM drops 46% in five months, even as ETF manages … Continued