The last 3 days have been a face-ripper as US equities have soared most since August amid (oil) rumors, (banking system) hope, and (bad news is good news) dismal data. The Dow is up 900 points from Thursday's lows...
but Trannies 8% surge off the lows is the most stunning...
This is all happening as "Most Shorted" stocks spike 11% off Thursday lows - the biggest squeeze since Black Monday.
And we know what happened after that dip was bought.