Large Wall Street speculators don't believe in this market comeback

An artist name Theodore Tsinias who wrapped himself next to the Charging Bull to show his attention about world's behavior amid Covid-19 pandemic in Lower Manhattan, New York City, United States on May 25, 2020.Rising optimism about an economic recovery has pushed the S&P 500 past the monumental 3,000 threshold, but the big money on Wall Street is not buying the comeback.

Large spectators, hedge funds and big investment firms have pushed their net short positions on the S&P 500 futures to the most aggressive since February 2016, according to Bank of America.

Pro Fake News CNBC! You false narrative fails again

Pro This was just merely an interruption of the Bull Run that was taking place in late February and then the COVID-19 outbreak happen which has been absorbed into the market and now the Bull Run Zone continues on and LOCF1 Capital Management forecast super strong QT3 and QT4 yields

Pro The retirement fund Ponzi scheme is Tapering. Can the FED print enough if trillions of retirement funds start to disappear?

Pro CV19 is over

Pro Keep shorting plz

Pro Levels in 2016? Not bad. Bulls are back, baby.

Pro I didnt believe it either until last week. There was just too many devastating stories that only made the markets increase. So, I came off the sidelines and went 50% back into equities

Pro Well, that's just simply because they are SPECULATORS. For them is more convenient to short sell.😑😒

Pro

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Wall Street rises with economic hopes; bank stocks jumpU.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. This is act one of a 4 act play.... so what! it does not help the average person, the people with little money, no jobs, who are hurting.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

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