The Most Painful Part Of The Short Squeeze May Be Yet To Come, JPM Warns
by Tyler Durden
ZeroHedge.com
03/05/2016
Does this mean the short squeeze – whether ordinary course of business or engineered by banks to push the price of both the S&P and oil higher so that energy companies can sell equity and repay secured bank loans (as we speculated last week) – is over? According to JPM, not just yet, even though by now the weakest hands have clearly tapped out. In fact, since there has been virtually no rotation into ETFs, the most brutal part of the squeeze may be just ahead. Here’s why:
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