Once again, market action is dominated by the so-called 'meme stocks' with heavily-shorted companies getting massively ripped higher this morning.
AMC is up around 7%...
(Click on image to enlarge)
GME is back in the game - ripping almost 20% higher...
(Click on image to enlarge)
And Chamath's CLOV is exploding higher...
(Click on image to enlarge)
And as the most recent short-squeeze basket continues to rip...
(Click on image to enlarge)
Source: Bloomberg
So bonds are bid back to their lowest yields in 3 months...
(Click on image to enlarge)
But, but, but, the recovery!!
Comments
Log in or sign up to join the conversation.