It’s all about the fun-durr-mentals… A 20 point almost vertical buying panic rip off the lows on a 0.1ppt beat in retail sales? Hhhmm..
119.00 stops run.. now let’s see what happens…
and just as we warned yesterday – the short squeeze after yesterday’s “most shorted” got ahead of itself…
But High-Yield does not seem to agree…
Charts: Bloomberg
via Zero Hedge http://ift.tt/1uoRwOy Tyler Durden