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Short-Squeeze Sends Small Caps Soaring But Fed-Fear Triggers Bitcoin-Buying

From zerohedge.com

As US economic data plunges to almost two year lows, the message from The Fed's Minutes was clear... ChiNext ended the day lower despite China's National Team buying panic in the afternoon session... Spain and Italy were worst-performers today as Germany rallied... While The Dow trod water today (not helped by BA and HD), Small Caps soared... Today's rebound was brought to you by yet another short-squeeze, erasing all the short's gains on the week... Today was the biggest short-squeeze since Feb 27th. Bank stocks bounced as Dems led the Congressional circus... LYFT was lousy... Treasury yields were notably lower on ... (full story)

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  • Category: Fundamental Analysis