13-05-2022, 07:03 AM
See below. Stocks that have fallen sharply like Netflix and ARKK rose. Stocks that have done well like Apple and Microsoft fell.
Basically short term traders took profits on their very successful short positions.
Those stocks not heavily shorted fell.
The gains are due to short covering.
Basically short term traders took profits on their very successful short positions.
Those stocks not heavily shorted fell.
The gains are due to short covering.