Massive Short-Squeeze Sends Small Caps Soaring; Gold Up, USD Dn Ahead Of CPI

With all eyes on tomorrow’s CPI print (and Friday’s Nasdaq rebalance), what was left for traders but to bugger about in Small Caps, squeezing shorts, and playing gamma-grab-ass. ‘Most Shorted’ stocks have exploded 11.5% higher from Thursday’s lows – far outpacing the 10%-in-5-days into June’s month-end… Source: Bloomberg Small Caps benefited most from this squeeze-gasm, […] Source
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