Short sales in the SPDR S&P 500 ETF Trust, known by its ticker SPY, as a percentage of shares outstanding fell to 1.1% Tuesday, according to data from IHS Markit Ltd. That’s the lowest level since January 2018, before the event known as “Volmageddon” sent stocks swooning.
And Greed is at record highs…
Despite recent wobbles on geopolitical chaos, complacency is back at record highs…
The red flags continue to pile up.
https://www.zerohedge.com/markets/profoundly-dangerous-market-exposed-hedges-shorts-evaporate