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Sellers who had to cover shorts by buying stock because the sellers never materialized and there was furious buying instead as hedge funds came in to get me more action. Now i actually like short sellers. The shorts play a key role in the market. Short selling is a vital part. It exposes frauds and faults. They make money when companies falter or when shareholders capitulate to fear even if nothing is wrong. The shorts lose money when the expected and they have to buy back shares they have shorted or bet against. Sometimes for much more than they initially soldle them for. Today we saw a ton of short bets go bad creating spectacular wins for the longs and it only got more difficult for the shorts after the bell. When we saw some stupendous gains. Lets ststt with the huge how about alphabet known as google and amazon. Both of the companies which have had incredibly inconsistent earnings making them, of course, Fertile Ground for th ....
Some of the greatest short gains i have seen as well as downright disastrous bets against companies that manage to produce herculeanly fabulous results. Today it did so in breathtaking fashion. Before the winners and the losers let me say unlike almost any other time i can recall its the action of the panicked short sellers that are in charge here. They are controlling the prices you see. They are the ones who are moving stocks in either direction. Sure today we were helped by the European Central bank staying easy for longer than many thought. Whats driving the market on a moment to moment basis is short bets that are gone awry where they are in the whole market where big hedge funds buy s p futures in order to cover shorts against the market or short sellers who had to cover shorts sellers never materialized and there was furious buying instead as hedge funds came in to get some more action. Now i actually like short sellers. ....
The herd was thundering today all right with the dow roaring 321 points, the s p pole vaulting 1. 66 and the nasdaq screaming higher 1. 65 n. The last 24 hours we have witnessed some of the greatest short gains i have seen as well as downright disastrous bets against companies that manage to produce herculeanly fabulous results. Today it did so in breathtaking fashion. Before the winners and the losers let me say unlike almost any other time i can recall its the action of the panicked short sellers that are in charge here. They are controlling the prices you see. They are the ones who are moving stocks in either direction. Sure today we were helped by the European Central bank staying easy for longer than many thought. Whats driving the market on a moment to moment basis is short bets that are gone awry where where big hedge funds buy s p futures in order to cover shorts against the market or short sellers who had to cover short ....
It didnt matter. And the market went down anyway. Dow sinking 196 points, s p falling 1. 35 and the nasdaq declining. 93 . How can that be . Hey, isnt this a market of individual stocks. No, not right now. Nope. You see, we have some Disturbing Trends in the overall market that trump the achievements of Single Companies and even whole sectors. And right now, no trend freaks out investors more than the total collapse of oil prices. When the highspeed traders who dominate the stock market see Energy Declines like today with oil down more than a buck and a half to 44, a level we havent seen since the great recession, they dont just sit there and pick among the stocks the benefit from cheaper oil while dumping the oils themselves that wouldnt be a rational move. No, they sell the only thing they seem to know how to sel ....