In case you were wondering where the ammunition for today’s rally in US equities came from on a day of de minimus volume and no real support from JPY carry…
“Most shorted” stocks outperformed the market by 475% today (+1.98% vs S&P’s 0.34%)… but those with shorts on from last week’s highs are still winning (for now)…
Seems clear where all that pent-up POMO demand went…
Charts: Bloomberg
via Zero Hedge http://ift.tt/1eWF7QZ Tyler Durden