More crazy pills...
Another day, another face-ripping short squeeze... this was the biggest day for "most shorted" stocks in over 3 years!!!!
And...
eMini net change from 9:30 open to close today (black line) was 2nd highest since 1/2012 $ES_F [5] pic.twitter.com/N5GEYgYBWK [6]
— Eric Scott Hunsader (@nanexllc) December 17, 2014 [7]
...that lifted stocks magnificently from last night's closing lows to the week's highs...
Small Caps rip in a massive short squeeze... up 2% on the week now!!!
Broken Markets
6000 busted trades and counting - about 3 to 5 each second
— Eric Scott Hunsader (@nanexllc) December 17, 2014 [10]
S&P's best day since Jan 2013... ripping back above the 50DMA and 100DMA
Don't get too excited...
Ruble rallied...
Oil roundtripped...
Energy credit did indeed raly on the day - how could it not - but we suspect stocks are getting a little ahead of themselves
Treasury yields rose on the day...post FOMC
rates decoupled from stocks
The USDollar surged...
Silver was relatively flat (but down hard on the week), goldslipped lower after FOMC, oil pumped and dumped...
Charts: Bloomberg












