Stocks Ramp As Shorts "Squeezed" Most In A Month

Tyler Durden's picture

Thanks to the capable carry-induced ramp in AUDJPY (and a helpful OPEX pile-on for VIX), US equity markets are surging this morning (Russell 2000 above yesterday's highs?!) on the heels of the biggest short squeeze in over a month... SSDD...

 

 

We do note that the big tumble in shorts yesterday has now been fully retraced..

but AUDJPY seems unstoppable...