According to CNN Finance the short position on equities in the US is 2.3% of total equities, a record high. If the market goes higher you'd expect massive covering unless they have nerves of steel (or brains of bran). Therefore we could have a 300-500 point up day on the Dow before this finishes.
According to CNN Finance the short position on equities in the...
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Last
$28.99 |
Change
0.400(1.40%) |
Mkt cap ! $100.3B | |||
| Open | High | Low | Value | Volume |
| $28.80 | $29.02 | $28.77 | $146.2M | 5.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 832 | $28.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.00 | 61910 | 47 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |