How Short Squeezes Are Affected by the Broad Market [BYND and BBBY]
Posted on Thursday, January 13, 2022 at 4:18 PM
Dan Passarelli, CEO - Market Taker Mentoring
Many people falsely believe that if the overall market is down, no stock can be up 10% or more that day. When it comes to short squeeze candidates, that's all wrong. In this video, Dan Passarelli will share how short squeezes are affected by the broad market [BYND and BBBY] were some of the stocks that proved that today.
There is some correlation, even among short squeeze stocks to the S&P500. But these sorts of stocks are different animals. If there is enough option trading pressure, when the options volume exceeds open interest, it could signal that that's where a lot of money supply is pouring in.
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