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Biggest Short Squeeze In 11 Months Sends S&P 500 Surging Above 2,600

Equity investors, corporate boards, and momo machines are panic-buying stocks this morning, sending the S&P 500 above 2600 for the first time ever… as the yield curve crashes to decade flats…

VIX down, Stocks Up…

 

While USDJPY momo is helping, stocks are quite decoupled…

 

And so are bonds…

 

But it’s all about the squeeze… the biggest short squeeze since December…

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