Monday, March 12, 2012

NYSE Short Interest

There's little doubt that short covering boosted the market since December, but with NASDAQ shorts at 10 year lows (as of the last update) and now NYSE shorts come in at a second consecutive lower low, a 4 year low, that component of market momentum is being taken out of the picture.

Here's the NYSE short Interest just released this morning...

NYSE 4 year low short interest for 2 consecutive months.

No comments: