Shorts Steamrolled As Late Day Squeeze Sends Stocks To Session High, VIX Plummets
April 17, 2023 at 16:23 PM EDT
First, some context from Goldman’s Prime Brokerage: “our franchise flows have shifted to local selling of tech this week and Nasdaq is only up in two of the past ten sessions (also note that it stands exactly where it stood in … the spring of 2021).“ In other words, might as well have sold in […] Source