In awfully familiar sense of deja vu, at 1300ET on the dot, “most shorted” stocks were ignited into a vertical short squeeze by a rampfest in AUDJPY… the only problem… credit markets are not playing along… Trannies are the best performers (almost back to unch) with Russell lagging (though ramping most aggressively).
Rampapalooza…
Driven by a Short squeeze…
Thanks to AUDJPY…
But credit ain’t buying it…
Charts: Bloomberg
via Zero Hedge http://ift.tt/1rwiV4Z Tyler Durden