Another month-start massive short-squeeze...
Today saw the biggest short-squeeze in a month... +3.26% vs S&P 1.15%
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Which is the same as we saw at the start of October...
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It may be worth noting however that while today's massive squeeze created a 1.15% rally in the S&P, it appears the momo is losing its mojo as when they did the same in October it created a 2.5% rally in the S&P.
Charts: Bloomberg
