Short

The Greatest Short Squeeze In History

From the lows in March, the “most shorted” stocks in the market are up a stunning 207% – by far the largest such surge in the history of the data… Source: Bloomberg But that is nothing compared to the short-soul-crushing damage that Elon Musk’s Tesla has wrought in markets this year. With TSLA stock up…

Bitcoin Surges Towards $27k As Short Squeeze Accelerates

Update (1715ET): It seems like only yesterday, Bitcoin was trading at $24,000… And now, as short liquidations accelerate, the leading cryptocurrency is rapidly approaching $27,000… As CoinTelegraph notes, according to data from Bybt.com, more than $131 million worth of Bitcoin futures contracts were liquidated in the last 24 hours… As long as the derivatives market…

Bill Gross’ Neighbor Calls Him “Angry Billionaire With Short Fuse”, Says Friends Offered “Condolences” When ‘Bond King’ Moved In

Bill Gross’s civil court battle with his neighbor, tech entrepreneur Mark Towfiq – the two men are suing one another for alleged harassment after a feud over a garden sculpture spiraled out of control – continued this week, with Towfiq telling the jury (since that’s what this has come to) that he feared he was…

Time To Go All-In The “Big Short 3.0”? 80% Of New York Hotels On Verge Of Default

Now that hedge funds have finally started piling into the “Big Short 3.0″ trade, which as we first explained back in June is basically shifting the CMBS short from malls to hotels (via the overexposed CMBX Series 9 index whose BBB- tranche is the fulcrum), every incremental development in the sector is closely scrutinized. And…