Trader Note — 9789 total
FXI enters the back half of May with a borrow market that has effectively seized — and short interest climbing to levels that make this one of the most pressured large China-exposure vehicles in the market right…
GOOGL is doing something quietly notable this week: absorbing a 2.3% single-day pullback on Tuesday without any meaningful change to the underlying setup — short sellers remain at post-2025 lows, the Street is adding…
EnerSys reports Q4 fiscal 2026 results today — after a week in which the stock dropped 6.5% and options activity shifted sharply to its most call-heavy extreme of the past year. The most striking positioning signal…
Salesforce heads into its May 27 Q1 FY2027 earnings with the short-seller retreat that began mid-week accelerating — and options traders holding their most bullish posture of the past year. The short unwind is the…
Eagle Materials heads into the week after its Q4 earnings print with an interesting split: shorts have been quietly trimming positions while the broader construction materials sector suffers a sharp drawdown. The…
NRG Energy heads into this week as one of the worst-performing large-cap utilities in the US, having shed a quarter of its value in a single month after a brutal first-quarter earnings reaction. The story started on…
CNC heads into the back half of May with the analyst repricing still running — and the short-seller retreat now effectively complete. The most notable development this week is on the Street. Deutsche Bank's George Hill…
XLU has now shed nearly 4% over the past month, and since the last note published a week ago, the short-side rebuild has continued — SI is up another 5% on the week, and the borrow market is tighter than it was when…
XLK spent the week unwinding the short-side pressure that defined the prior note — yet options traders are moving in the opposite direction, making this a week of diverging signals. The short-selling story has turned.…
XLI, the industrial sector SPDR, has reversed course — the short-covering story that defined mid-May has stalled, and fresh bearish positioning is building into a weaker tape. The most significant shift this week is…
XLF has slipped back this week — down 1% to $51.10 — and the data tells a nuanced story: short sellers are no longer pressing harder, but options traders remain noticeably defensive. Short interest has broadly…
XLE has rallied 6.5% this week to $61.29, yet short sellers have not flinched — and the lending market is now fully exhausted. The borrow story dominates everything else this week. Availability has collapsed to 29% —…
XLY, the Consumer Discretionary Select Sector SPDR ETF, has reversed course: the short-covering story from last week is over, and bears are quietly rebuilding. The turnaround in positioning is the week's defining…
XLP, the Consumer Staples Select Sector SPDR ETF, has extended its recovery from the bearish positioning peak of early April — and the borrow market is now confirming that the pressure has genuinely eased. The short…
XLV, the Health Care Select Sector SPDR ETF, is sending a cleaner signal this week — options positioning has swung sharply toward bullish sentiment even as the short rebuild from earlier in May shows signs of…
XLB — the Materials Select Sector SPDR — has turned sharply lower this week, dropping 5.9% to $49.04, and the borrow market has moved with it: availability has collapsed to near zero, even as short sellers remain well…
SPY enters the final days of May with the sharpest options skew in months — even as the short book remains subdued and borrowing costs stay near record lows for the instrument. The options signal is the dominant story…
IWM heads into the back half of May with a rare tension: the largest short interest build has been quietly unwinding, yet options positioning is running at its most defensive level of the past year. Short interest on…
SOXX has pulled back 3.7% this week, and for the first time since the May surge, short sellers are quietly rebuilding positions rather than running for cover. The short interest story has shifted noticeably from a week…
Short sellers have spent the past two weeks rushing for the exits in the EWT iShares MSCI Taiwan ETF, compressing what was a crowded bearish position into something far more modest — and the lending market is telling…
