The price of gold has been moving up, and the U.S. dollar has been dropping against various other currencies, causing many of the mining shares in the basic materials sector to rise. According to Rev Shark, with oil, gold, commodities and agriculture "running hot and heavy, "we have performance anxiety, a short squeeze and momentum all favoring the upside at this point ."

A short squeeze occurs when short-sellers quickly buy in shares of the stock in order to cover their bearish positions, driving the price of stocks up sharply. The ratio for measuring short-squeeze opportunities is the short ratio, which is the number of days it would take the short sellers to cover their position based on recent average daily volume.

With this in mind, Stockpickr has reviewed the materials stocks and compiled the

Short-Squeeze Plays for Basic Materials Stocks

portfolio.

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