Synonyms for short covering
short cov·er·ing

Princeton's WordNet

1. short coveringnoun

   the purchase of securities or commodities by a short seller to close out a short sale

Matched Categories

1. • Trading

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1. Benjamin Lu:

   The weakness in the dollar seen due to the rate cut expectations and a lot of short-covering due to the sudden jump in prices are behind the sharp move, with this move, the target for gold investors has moved to $1,400 and the key is to sustain this momentum for this week. On the longer term, it is going to be difficult to stay above $1,400 as with better conditions for riskier assets due to rate cuts, investors might move to equities.

2. Nicholas Snowdon:

   Aluminium tops the list in terms of potential and much needed production cuts in the Western world. Also in the zinc market, we're seeing zinc mine production growing at the fastest pace in several years, given the positioning in base metals, which have swung firmly to short side, if you do see some significant production cut announcements, that could be a trigger for some short covering.

3. Tamas Varga:

   We have some technical buying and pre-weekend short-covering.

4. Ben Kwong:

   The market has been oversold after the recent selloff, and local investors calm down a bit in view of a relatively stable mainland markets so far this morning with short covering giving support, on the Greece crisis, people are expecting that there will be an agreement, while China's inflation data also gave support to a rebound in the market.

5. Masashi Oda:

   One of the two big persistent concerns has faded, so investors are taking risks, short-covering by those who had shorted stocks on those worries will likely support the market for a while.