Short-Squeeze Bait

It’s shortly after 3 a.m. EST and index futures are trading moderately higher, with the E-Mini S&Ps up the equivalent of about 50 Dow points.  This is short-squeeze bait if there’s bullish news to greet the day in New York; however, if the news turns out to be excruciatingly boring, as it so often is, expect DaBoyz to ease the broad averages back down to unchanged, there to wait for a better opportunity to goose stocks past whatever supply may have accumulated since the last goosing.