Short days to cover for the past yearSubmitted by mlamping t3_10or65x in wallstreetbets
mlamping OP t1_j6ge8jj wrote
Since November, looks like shorts began to cover, when we probably got the good cpi print and things squeezed up. But looks like some shorts re entered.
This could get interest, if we get a .25 rate hike or even 0, and good outlook, this means some shorts will massively cover.
We are potentially in an epic move up.
Just a good chart for you regards to ingest
Graph shows shorts since beginning last year. For all stocks, it’s the average days to cover.
Meaning that if you overlay spy, you can see when spy began a dump and the price it would theoretical bounce to if shorts went back to where they were at the beginning of the year
fenriswulfwsb t1_j6gg5vx wrote
The purity of this hopium is unreal. Some Hizenberg level shit right thar.
mlamping OP t1_j6ggrfn wrote
It’s just a chart, no hopium, shit can go either way. It’s just a good data point showing if the market gets more bullish this week, these shorts will be in trouble. That’s all. This is data, you should understand what hopium means
fenriswulfwsb t1_j6giiwa wrote
The hopium is even suggesting a 0-Bps is on the table for this meeting.
fuglysc t1_j6gjjyr wrote
And for suggesting we will rally more with a 0.25 rate hike...as if it isn't already priced in 😂
Wouldn't put it past market to go up another couple of %...but these bulls are getting greedy
mlamping OP t1_j6gmybb wrote
0.25 follows the thesis of a wait and see for next hike, meaning no increase next time. And also validates that possibility that they’ve hiked to high to fast, and that we may need to reverse course.
Just one of the hypotheticals.
This isn’t coming from me, or just out of thin air. Not sure why you wsb regards all pile on the same beliefs. This is just different data points to act upon.
Also, even burry believes this, that they’ll reverse course and cut, and possibly cause a double recession and inflation
fuglysc t1_j6gp7os wrote
LoL...0.25 is priced in ok?
0.25 has been priced in for quite a long time...you'd know this if you paid attention to the fedwatch meter at CME
What isn't priced in is if Powell said they are pausing after this 0.25 hike....if that happened, then markets would be likely to rally further
And dipshit...don't refer to us as "WSB regards" when you're here spouting shit too...do you think you're some sort of messiah amongst us heathen? Lol...you posting your theories or DD or whatever the fuck you choose to post in this subreddit means you're a WSB regard like the rest of us
mlamping OP t1_j6gpcno wrote
I’m a regard as well.
But don’t label my shit hopium. It’s just a chart. F off
fuglysc t1_j6gpzyg wrote
LoL...your shit IS hopium
Look at your original post...you mentioned there was a possibility of no rate hike
There is absolutely no possibility of no rate hike
It's 25 basis points...ok? Next time, use the CME Fed watch monitor
toeofcamell t1_j6i1y9j wrote
I say a 50 basis rate hike is coming, everybody is going to freak out and the market will dip
wlidebeest1 t1_j6l5hwk wrote
99% of DD posted on wsb is hopium.
mlamping OP t1_j6gnv4f wrote
Why do you guys use that word. Read a book.
It’s not hopium, its based on the possible distribution of the feds fund rate.
Anything is on the table, even 0.5, thr tool shows .25 is highly likely but the sys dev actually puts 0 on the table more so than 0.5
https://www.atlantafed.org/cenfis/market-probability-tracker
Historical-Egg3243 t1_j6kd25l wrote
Who is dumb enough to short the market on the idea that the fed is going to surprise the market with 50bps?
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