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<< Read Full Article
Updated with stock prices and analyst downgrade info.
By Fred Fuld
Revenue and earnings surprises can cause stocks to make sharp moves upwards, which in turn can set off a short squeeze as short-sellers rush to cover their bearish positions.
For example, after Palm(PALM Quote) announced better-than-expected sales and lower-than-expected losses on June 25, it rose more than 12% in after-hours trading, causing short-sellers to be squeezed. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,303.12 | 1,098.41 | 2,199.71 | 35.22 |
Oil *
73.85
|
|
DOWN
5.14
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UP
2.34
|
UP
19.66
|
UP
0.35
|
10 Yr
3.52%
SPDR Gold
109.07
|
|
-0.05%
|
+0.21%
|
+0.90%
|
+1.00%
|
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