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Hedge Funds Massacred As "Most Hated" Tech Stocks Explode Higher

Tyler Durden's Photo
by Tyler Durden
Thursday, Jul 28, 2022 - 04:21 PM

Yesterday, in the aftermath of the market surge following Powell's dovish commentary, we wrote that "Funds Are Furious As Powell Pours Gasoline On "Most Hated Rally", Forcing Panic Buying." We also warned that the meltup was just starting because in addition to the surpassing the massive 4000 gamma wall...

... shorts had billions in buybacks and systematic buying to look forward to.