Will Shorts Lose Their Cool Again?

Some of the lunatic/FAANG stocks have bounced sharply off Friday’s lows, but I doubt they are quite ready for a sustained push to new-record highs. For your guidance this week, I’ve provided a chart alongside my AMZN tout to help you judge whether buyers are serious at the moment or simply trying to goad bears into yet one more short-covering binge. If the ‘don’t pass’ bettors can hang tough on Tuesday, they could have bulls on the run for the remainder of the week.