economy

The Other Hidden Force Adding to the Day's Market Gains

Piper Sandler warned in a Wednesday note that technicals show some of the rally in equities may be from a short squeeze, rather than about the Middle East.

The Other Hidden Force Adding to the Day's Market Gains

TL;DR

  • Piper Sandler issued a warning in a Wednesday note.
  • Technicals indicate the equity rally may be due to a short squeeze.
  • The rally might not be directly related to the Middle East.