NYSE Short Interest At Post-2008 High

The biggest debate on Wall Street in 2016 has been whether or not global economic weakness will push the U.S. into a recession in 2016 and lead stocks into a new bear market. According to the most recent NYSE short interest numbers, a growing number of traders are betting on a market downfall in the near future.

In the past two months, short interest in the NYSE is up 4.5 percent to above 18 billion shares for the first time since the Financial Crisis.

In terms of short interest as a percent of float, the current level of around 4.3 percent represents a post-crisis high, but it still well short of the 2008 peak near 5.75.

The climbing short interest could mean…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!