Strong SPY action yday on oil inventiries oversupply once again recovered from 189 open and closed 193.50 (broke 194 a/h) now opens lower and seems like now everybody lost and nobody knows where it goes from here. Anyway SPY looks strong despite constant oil -ve PRs and now at r/g line. Nearly forgot China indexes dropped av 6.4% to keep in mind.

 

- UVXY my o/n long at 40$ got scaried as SPY keept climbing despite oil and hit my mental 100$ stoploss and bounced. Sold right in p/m open above my order (tnx algos). Don't know where markets go but my main trader in this environment.

 

- AMBA swinging 100 shares from 45.30 plan to cover near 43$ support (looks like making higher lows and now near 45.50ish resistance), also keeping on watch GPRO and Nasdaq, mental stop 46$ break.

 

- NUGT crazy golden ETF for traders w/ big balls, was scared to short near 63$ as next resistance is 67 (was my target) and later it dropped nearly 10 points.. sick. Wide range to trade but it moves really fast.

 

- MBLY cought everyone w/ pants down from 24$ open to 29.90 after bad q4. Crowded short at it's best, will enter short at 30$ break where some shorts get shaked

 

- EYES street sweeper -ve PR yday but looks crowded too, no borrows yet, looking for big pop for entry if can get some fills other way I'll pass.

 

- ETE 14 miss, yday squeezed shorts above 7$ goes w/ oil, entry on weak oil only.

 

- FIT got some Cramer pump a/h but looks so weak, 5th most shorted stock in entire market (85% shorts) don't know what to think, logic says this could explode any day, but it only goes lwer everyday. Watching for sick squeeze (IB had no borrows yday (from 85% short float!?))