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IG Trading Talk with Peter Tuchman: No correction - bump in the road - huge short interest

Where is Wall Street heading? "The title for this is a roller coaster, but I wouldn't call it a correction. In a market that is up 50-60 percent from the March lows, it?s just a little bump in the road", says Peter Tuchman on IG Trading Talk. And what about the tech stocks? "We've got a bit of a short squeeze in the market. We saw the splits of Tesla and Apple. That has an interesting effect on the stocks. What ends up happening is that there is a huge short interest. When a stock splits, these people are being forced to cover the stock that they are short. That causes another rally." Manuel Koch discusses with the iconic Einstein of Wall Street buying opportunities and strategies. More information on https://www.ig.com ?? Jetzt YouTube-Kanal abonnieren?? https://www.youtube.com/channel/UC234wdhgU4NVDqYBRkkVkfQ MANUEL KOCH ? TV Journalist ????? CEO ? Producer ? Instagram: https://www.instagram.com/manuelkochtv/ ? Facebook: https://www.facebook.com/Manuel-Koch-1918657995022408/ ? Twitter: https://twitter.com/manuel_koch ?? LinkedIn: https://www.linkedin.com/in/manuel-koch-b2697981/ INSIDE WIRTSCHAFT ? Online-Sender https://inside-wirtschaft.de ? Interviews ? Medientraining ?? Event-Moderation ? Instagram: https://www.instagram.com/insidewirtschaft/ ? Facebook: https://www.facebook.com/InsideWirtschaft/ ? Twitter: https://twitter.com/iwirtschaft Risikohinweis: https://inside-wirtschaft.de/risikohinweis/

@ inside-wirtschaft.de | 14.09.20 07:00 Uhr