tinkie
08-17 06:13

$SPDR S&P 500 ETF Trust(SPY)$ A lot of shorts seem to have gotten trapped thinking the MOU between the US and Iran expiring would automatically restart the war. With that backdrop, next week looks like it could set up a pretty strong rally, with short squeeze and gamma squeeze dynamics all in play.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment