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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a review of Fed Chair Powell’s very dovish tone, today’s price action, and notable earnings reports out after the bell. Next, we show the cumulative losses in short positions in GameStop (GME), AMC Entertainment (AMC), and Express (EXPR) after the massive rallies today. We then review today’s durable goods numbers and EIA stockpile data.
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