For the second day in a row, the biggest shorts, crypto, and oil prices ripped while the rest of the market wistfully drifted unphased by more dismal data. Durable-goods - ugly (blame Boeing); Home-prices higher-er (blame Powell's pivot for unaffordability); consumer sentiment shitshow (and oddly large downward revisions) {chart} 'Most Shorted' stocks were squeezed bigly once again... up 9% from Friday's close... {chart} Bitcoin ripped once again... topping $57,000 for the first time since Nov 2021... {chart} And oil prices jumped once again... to their highest close since early November... {chart} Small Caps were ... (full story)