Marketwide Short Squeeze

Tyler Durden's picture

It appears the US open this morning was accompanied by a significant long-capitulation that slammed "most shorted" stocks down almost 3%. Since then, thanks to a USDJPY liftathon, "most shorted" stocks have levitated back to unchanged and dragged the broad equity markets back up too. The question is - now that the flush has been unwound... what happens to the market?

 

Dump and pump...

 

Thank you USDJPY...