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United States of America

Primo Water Corp: US : Strategy - Institutional Equity Strategy Weekly | Symptoms of Excess Liquidity Abound; PBOC Actions a Reminder That Ultimately it Will be Drained, Internet Creates Votes but Doesn't Change the Weight of Equities

    Leslie Vandegrift
    Leslie Vandegrift

    CFA, Associate Strategist

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    CGS-CIMB
    31 January 2021
    Published byCGS-CIMB

    The S&P 500 was down (3.3%) with the broader market down more severely in a very volatile week highlighted by a substantial, street-wide, short squeeze (link). Somewhere, Jesse Livermore is smiling, as tactics from early 20th century traders were taken up by groups of day traders in heavily sho