Is The Market Mood Turning: Prime Brokers Spot Key Reversal In Sentiment

Last week, around the time it seemed like the bottom was about to fall out of the market after the short squeeze ended with a bang on Wednesday and stocks dumped, we warned bears that what is taking place is nothing more than the army of squeezed shorts - who had been steamrolled by the record short squeeze at the start of the year - doubling down and coming back for more...

So much "analysis" today when all we are seeing is a reloading of shorts https://t.co/JVLTdcaq90

— zerohedge (@zerohedge) January 18, 2023

... or rather much more as Goldman's PB desk explained.