Oh Boy: Shorts Are Getting Killed, As NASDAQ Surges Nearly 5%

bear dead

Did some trader slip and put in a BUY order for 10X what they intended?

Stocks are going nuts this morning, with the NASDAQ making a Dow-like triple digit move to the upside, good for a gain of nearly 5%.

The Dow itself is up over 400 points.

One stock getting crushed: Moody’s (MCO), which revealed on Friday that it had received a big fat Wells Notice from the SEC. It’s down nearly 7%.

Now don’t miss: everyone who got saved by the big Eurozone bailout >

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