FOMO --> Short Squeeze -- June 16, 2023

Locator: 44954INV.  

Yesterday: FOMO --> rally --> short squeeze --> profit-taking.

For the life of me, I couldn't find anyone who noted the same thing. It took a lot of internet searching but I finally found one mention.

Wow, wow, wow, break, break, break: look what just popped up. Link here.

I wonder if President Biden gets any credit for this? JPow? Biden, Schumer, McCarthy?

I can guarantee that none of my readers will send me this link. LOL. It doesn't fit the narrative. LOL. 

By the way, Chuck Klosterman noted this phenomenon. If I find his/that quote, I will post it. 

Now, where was I? Oh, yes, short squeeze. This is the "tease." Unfortunately it's behind a paywall. But you can see it here and that's all you need to know. From here we find other sources.

Yesterday's crazy rally: FOMO --> rally --> short squeeze / gamma squeeze --> triple-witching hour --> profit taking.

AMIRITE?

I don't have time for any more of this nonsense, so just the links (I don't understand it anyway, and I'm anxious to post about Apple's phenomenal technology).

Gamma squeeze:

• Motley Fool. Link here.
• IG. Link here.

My hunch: a short squeeze plus a gamma squeeze is greeater than the sum of the two. Throw in the triple witching hour ...