Goldman Trading Desk: "Long Onlies Forced In As FOMO Buyers As Market Started To Run Away From Them"

A desk at an investment firm is covering both short and long positions in HF stocks.

The bears are furious at the recent market meltup, and have raged to the point that emini shorts now reach a record high. This will ensure the squeeze continues for a very long time.

According to Goldman’s flow desk, today was the day that we saw the bearish capitulation of FOMO, and the beginning of momentum-chasing by Long Onlies who had stayed out of market until now.