From the Desk of Steve Strazza @Sstrazza
While the market remains a mixed bag and participation is lacking, we’re still seeing evidence of risk appetite.
How do we know?
The stocks that investors are betting against the most are making big moves… to the upside.
And we know just what to do in these environments.
We find the most heavily shorted stocks in our freshly squeezed universe. We wait for momentum to come into these names, and then we ride them higher with the squeeze.
We got new short data recently, so let’s talk about how we’re playing it.