The U.S. dollar index was slightly firmer Wednesday on some more short-covering from recent losses.
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The U.S. dollar index is firmer Thursday morning, on a short-covering bounce following recent selling pressure.
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The U.S. dollar index is firmer Monday morning on a short-covering bounce from recent selling pressure.
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The U.S. dollar index was slightly higher Thursday on a short-covering bounce following recent selling pressure.
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The U.S. dollar index is slightly firmer early Wednesday, on some more short-covering from recent losses.
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The U.S. dollar index was firmer Monday on a short-covering bounce from recent selling pressure.
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There is also evidence that the stock's recent spurt higher might have been related to short-covering activity.
Should the stock continue to climb higher, it could end up reaping the benefits of a short-covering rally.
The precious metals are seeing a corrective upside bargain-hunting and short-covering bounce following solid losses suffered on Thursday.
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The U.S. dollar index is slightly firmer early Tuesday, on a corrective, short-covering bounce from recent strong losses.
An unwinding of these bearish bets could supply the stock with ample fuel for a significant short-covering rally.
During the near term, a continuation of this short-covering trend could translate to additional upside for the shares.
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The U.S. dollar index is slightly firmer early Monday, on a corrective, short-covering bounce from recent strong losses.
This would help dispel the view that Tuesday was just a short-covering rally.
Should the stock continue to climb higher, it could end up benefiting from short-covering activity during the next few months.
The U.S. dollar index is under more profit-taking pressure Thursday morning, as the Euro currency is seeing a short-covering rally.
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Meantime, Nymex crude oil prices were also firmer Thursday on a corrective, short-covering bounce from big losses posted Wednesday.
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If it clicks with this notoriously tough to impress crowd, sure, a short-covering rally could push the stock price higher.
The data at the end of the week is likely to fuel either a sharp short-covering rally or more selling.
Edel Tully, precious metals strategist at UBS, said the gains in gold were modest and came on the back of short-covering.
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The dollar index saw a corrective, short-covering bounce from recent strong losses.
However, HSBC and TD Securities analysts say this is creating the potential for a short-covering rally should a catalyst emerge to support prices.
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Heavy short interest, says Johnson, indicates that KFT is ripe for a potential short-covering rally should the share price continue to move higher.
The Euro currency made some short-covering gains on the EU data, which in turn put some downside price pressure on the U.S. dollar index.
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Thus, these traders were short-covering, or buying back the sold positions.
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If the bears are caught pressing their bets too hard into this quarter, then we could easily see a tradable short-covering rally for shares of Tibco Software.
Should EXPE extend its quest for record highs, a flood of upbeat analyst attention or a short-covering rally could push the shares even further into the black.
On Nokia, while cautious, he sees some potential for short-covering.
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Prices closed near the session high on a short-covering bounce.
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News and downward pressure from Europe has driven Apple ( AAPL) and the major US stock indices sharply lower, but a potential short-covering rally could present select new buying opportunities.
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