Heavily Shorted Stocks Are Greatly Outperforming Today

It might be a byproduct of commodity related stocks going bazerko (sp?) to the upside, with stocks like CENX and FCX up more than 20%. Nevertheless, it’s worth noting that stocks with 15% or more of their floats sold short are up 3% today, on a median basis. The average return is nearing 4%.

Also, running my momemtum screen in Exodus, which identifies stocks within 1% of daily high end of range, I am seeing lots of short squeeze plays.

How to play it? The fuck do I know? I suppose you can go with some biotech, ranging from GILD down to XON along the risk dial. But I am busy inviting birds and reptiles into my ark, TLT, and I have no interest, whatsoever, in delving into your degenerate world of individual stocks right now.