JEF pops on earnings, Speculative trade...

JEF popped on earnings, and a balance sheet reduction, which is ironic because we just talked abut how these financials reduce their liability/balance sheet in window dressing before earnings and here we have JEF popping on that very issue, not sure the market will believe it, but there was enough short interest there to create a squeeze, now it looks like fading the pop may be a decent speculative trade.

 Both short term charts showing leading negative divergences, I would consider this a speculative short right here.