Trader Note — 9349 total
VGK — the Vanguard FTSE Europe ETF — heads into the first week of June with short sellers having rebuilt positions at a pace that stands out even against the broader macro noise around European equities. The most…
Samsung Electronics has now gained 63% in a single month. The stock closed at ₩360,500 on June 2 — up 21% on the week alone — extending a re-rating that last week's note described as already remarkable. The move has…
Novartis heads into the second week of June down 4.6% on the week, closing at CHF 113.00 — yet today's news flow is pulling hard in the other direction. The week's sharpest tension is the gap between a softening share…
NOVO B enters June nursing a 2.5% drop on Tuesday alone — extending a 3.4% weekly slide to DKK 277.65. The central tension is clear: a company with a near-best-in-class EPS surprise rank and a PE multiple that has…
ASML has bounced hard from its early-June lows, adding 5.2% on the week and 19.6% over the past month to close at €1,461.80 — and that recovery sharpens rather than resolves the tension that defined last week's note: a…
LATAM Airlines Group enters June with fresh institutional conviction from Wall Street's most-followed bank — yet the stock is pulling back this week even as European airline peers push higher. JPMorgan initiated…
STMicroelectronics has just forced a re-rate. The stock jumped 15% on June 3 alone, closing at €68.28 — and within hours Mizuho raised its price target to $84, leapfrogging the $68 target it set just two weeks ago.…
NOKIA has added another 4.5% this week and 36% over the past month — but the most interesting development in Tuesday's tape is not the price, it's a sudden and sharp jump in the cost to borrow. The borrow story has…
HURN heads into early June carrying two distinct narratives: a stock down nearly 19% over the past month, and a fresh M&A deal that arrived today as short sellers continued to quietly unwind. The clearest data point…
FXI — the iShares China Large-Cap ETF — enters the week in a notably different borrow environment than the one that prompted last week's record-short alert, with availability staging a sharp recovery even as short…
GOOGL heads into Thursday's June 5 earnings event having shed nearly 7% on the week, yet with the Street's constructive conviction essentially intact — the most interesting tension in the setup is that the price has…
Corcept Therapeutics has shifted gear: the stock is up 18% on the week and 38% over the past month, and this time the shorts are finally moving with it. The most meaningful change since last week's note is in short…
FLUT has rebounded sharply from its May lows, but the short interest story has moved in the opposite direction — creating the week's most interesting tension in the gaming sector. The price action has been dramatic in…
Eagle Materials enters June with a notable shift in analyst sentiment as JPMorgan's reversal on the stock coincides with a quiet but steady build in short positions — two forces now pulling in opposite…
BIIB pulls back into its June 9 earnings print with the stock softer on the week and short sellers adding positions at a pace that has gone largely unnoticed — the quieter story beneath an otherwise bullish analyst…
XLU, the Utilities Select Sector SPDR, heads into the first week of June carrying its largest short position in over a month — and the direction of travel is accelerating in one clear direction. Short interest has…
XLK has surged 22% over the past month to $198.21, yet short sellers are not backing down — and the borrow market just flashed its tightest reading since late April. The divergence flagged in last week's note has…
The past six weeks have been a story of rapid repositioning in XLI, the Industrial Select Sector SPDR ETF — shorts built aggressively into late April, then spent most of May unwinding, leaving the lending market in a…
XLF heads into the first week of June with its most significant short-side rebuild in months — a 27% jump in estimated short interest over just five trading days, against a backdrop of muted price action and…
XLE has stabilised near $57.96 this week, but the more interesting development is underneath the surface — the locked borrow market that defined the past month has started to loosen, and short sellers have begun…
