Nasdaq Up 73% Since March Low, Short Squeeze Helps – Bruised Tech Shorts Unfazed
August 26, 2020 at 08:51 AM EDT
It is easy to see why bears get tempted to short. Fundamentally, things are ugly. At the same time, the Federal Reserve has essentially backstopped stock prices. Shorts have gotten squeezed over and over. Bruised tech shorts are still not giving up.
