Possibly another canary in the mine?
And here goes another one. Short Interest on the S & P 500 now at record lows.
Coupled with retail investors now holding the highest level in history of leveraged long positions.
Attachment 12892
Printable View
Possibly another canary in the mine?
And here goes another one. Short Interest on the S & P 500 now at record lows.
Coupled with retail investors now holding the highest level in history of leveraged long positions.
Attachment 12892
The obvious reason why shorts are so low is that they've already been burned to ashes.
the bullish case is
maybe the highest leverage because credit is more readily available now.
short interest is low because they get burnt all the time.
companies are doing record buybacks and the US banks just got approval to start there buybacks
there still printing 120 billion of cash per mth which some of is going into the market
even tom lee was saying on another clip that he see's a melt up of everything heading into the seasonally great end of year.
but one day the bear case will win , maybe when there is an alternative
I see it as "all noise".
I haven't really followed NZX of late but noticed all my shares are down today. Anything up?
For what it's worth I think the Evergrande stuff is totally overblown.