More pain is on tap for short-sellers who have been waiting expectantly for conditions to improve. Unfortunately for the shorts, key indices like the S&P 500 and the Dow Jones Industrial Average are making new highs and showing no signs of slowing down. A few hot shorts like Tesla are starting to falter on headline news, but others, like Netflix and Advanced Micro Devices, continue to run with the bulls. [timeless] Q2 hedge fund letters, conference, scoops etc Short-sellers may be flinching In the June client letter for Bay Resource Partners Funds, Tom Claugus of GMT Capital essentially said he…
Who Will Flinch First: Short-Sellers Or The Stock Market?
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.