AdamDavis
2022-10-24

If SPX can stay above 3,000 level we might see a short covering ralley in the broader markets and in single stocks. The 2Y yields are also down today that is why market is up.

IBRX (according to SeekingAlpha)
Shares Short: 24.72M
Days to Cover: 15.57
Free float: 105.39M

Here the info re SPX short covering:
"About a fifth of short positions are already in loss at 3,650, with more than half ($17bn notional) in the red if the market moves above 3,700," Citi global head of quant strategy Chris Montagu and team wrote in a note. "This represents a moderate risk of a short squeeze for even a temporary rally from current levels. A squeeze could amplify any recovery rally near-term."

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Comments

  • DannDann
    2022-10-25
    DannDann
    Excellent! Very good sharing! Thumbs up 👍🏻👍👍🏻
  • Kk66
    2022-10-25
    Kk66
    Stay up. We also need the dollar to go lower
  • TKPK
    2022-10-24
    TKPK
    thanks for sharing
  • Milk337
    2022-10-27
    Milk337
    [Cool][Cool][Cool]
  • qazwsxedcrfv
    2022-10-27
    qazwsxedcrfv
    [Like]
  • 狮城股神
    2022-10-25
    狮城股神
    ok
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