Short Squeeze Candidates Amid Tech Fire Sale
AIC3.ai(AI) Schaeffers Investment Research·2024-07-23 23:46

Subscribers to Chart of the Week received this commentary on Sunday, July 21. This is a repost, with an updated intro and fresh data for the major index stats.Two of the bigger stories of the stock market this summer are paradoxical. In one corner you have the massive dominance and omnipotence of large cap tech stocks as they carry broad market equities to new heights. And in the other corner there’s the quiet perseverance of small caps on the Russell 2000 Index (RUT), carving out a channel of higher highs ...