ANALYST: The Most Shorted Stocks In The Market Are Making A 'Scalded Dog Formation'

Dave Lutz of Stifel Nicolaus alerts us to a “scalded dog formation” in the market’s most shorted stocks today.

Lutz says the 50 most shorted stocks on the Russell 2000 are up 1.2%, outpacing the broader index, and only four of those names are down today.

As for where exactly the phrase “scalded dog formation” comes from…

Have you ever poured hot water on a dog?

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at