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
Stocks need fuel to rise. Be it plain-vanilla inflows, be it rotation from other asset classes like bonds, be it corporate buybacks, or be it squeezed shorts. The latter has played a big role particularly since the October 15th bottom … Continued
October 15th bottom in stocks forces shorts to cover in many sectors IWM expends lots of short-covering fuel to approach crucial resistance Nasdaq, NYSE short interest at multi-year highs, can bulls force squeeze? Since stocks bottomed on October 15th, naysayers … Continued