For the 5th day in a row, US equity markets have been ignoted higher at the open by a sudden and extreme short squeeze among the weakest balance sheet companies. "Most Shorted" stocks have surged 3% in the last 5 days (double the S&P) but have only just managed to get back to unchanged for 2014 (against a 7.7% gain in the S&P).
5 days in a row...
[3]
Dragging "most shorted" stocks back up to unchange year-to-date...
[4]
Charts: Bloomberg
