Thomson Reuters As stock bears tell it, overconfidence can bethe death knell of a market rally. While thatlogic has historically held merit, there are some holes in one of their favorite pieces of supporting data. In recent months, they've cited the diminishing number of shares being shorted in the SPDR S&P 500 ETF (SPY), which tracks the benchmark index. After all, it's at the lowest since May 2007, a period that directly preceded a bear market that saw the S&P 500drop 55%, according to data co...
Traders are looking at a popular stock market measure all wrong (SPY, QQQ, IWM)
Business Insider - 30 Apr 2017 16:34
Thomson Reuters As stock bears tell it, overconfidence can bethe death knell of a market rally. While thatlogic has historically held merit, there are some holes in one of their favorite pieces of supporting data. In recent months, they've cited the diminishing number of shares being shorted in the SPDR S&P 500 ETF (SPY), which tracks the benchmark index. After all, it's at the lowest since May 2007, a period that directly preceded a bear market that saw the S&P 500drop 55%, according to data co...
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