: Then again, you’d be swimming upstream, according to Market Watch. According to the latest data cited by Jones Trading Michael O’Rourke, the numbers show that, for the first time since May of last year, speculator longs outnumber the shorts in the S&P 500 SPX, +0.78% futures pits. If you’re feeling all sell in May, it’d be hard to blame you at this point. But that not exactly a bullish signal. The risk-on trends that commenced at the March FOMC continued and are reaching levels where they are getting extended. Caption outside of wrapper for normal article images Buried behind the headlines related to the FOMC meeting, several high profile earnings reports and the GDP report, the latest short interest update was released, he wrote in his Closing Print email update.
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