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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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ajtj99
To: rimshot who wrote (291)2/7/2022 4:32:01 PM
From: rimshot1 Recommendation  Read Replies (1) of 1309
 
QQQ - as of 4:30 p.m. ET Feb 7, only 56,885 shortable shares
are currently in inventory at Fidelity

QQQ was on hard-to-borrow status last week with ever decreasing size
for the # of shortable shares at Fidelity, and

Monday's early shortable quantity
was about 150k more than currently, meaning shortable shares are ever decreasing in size
since 8 a.m. ET today, so folks continue to load up with QQQ shares in new short positions

as of 10:15 a.m. ET, only 229,575 shortable shares are currently in inventory
at Fidelity, and once it goes to zero amount we only have 1.5 to 2.75 days
before a short squeeze becomes ever more likely though not guaranteed ...
based on history over many years
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