Watch For Equity Short Squeeze, Oil Surge JPMorgan Said Friday

Watch for a short squeeze, a January 22 report from JPMorgan’s Global Asset Allocation team predicted last Friday. This short squeeze could come as oil prices move closer to $40 and the trend reversal might impact some CTA strategies. [dalio]   JPMorgan: Watch for stock short squeeze and $40 oil Previous equity ETF outflows have begun a reversion, the Flows & Liquidity report titled “Signs of short covering” pointed out. “The short interest of SPY US Equity, the biggest US equity ETF, has peaked. It currently stands at two percentage points above its beginning of-year level suggesting plenty of room…