Yday was a tough day for any short seller like me, SPY held well it's 199 area and closed basically flat on low volume. Tday we have many events, so hoping to see some action. Btw weird action in oil yday after reporting 3x times oversupply inventories (big drop and then sick recovery from dead back to 35$ area).

 

- UVXY was stubborn yday not cutting losses quickly, as I thought SPY could drop after oil 3x expected inventories report, strange action trapped many shorts like me. SPY near 199 fighting for 200 psychological level where I still think profit taking comes in.

 

- TSLA crowded short heading north, hoping for 190+ stoplosses spike to enter.

 

- GPRO was strong yday after buying some apps now 13.30 p/m 14$ important resistanec to short shot.

 

- GRPN IBM filled patent infringement against grpn, prob some drop after 1$ run last week

 

- MBLY still strong any weakness in markets could help this crowded short drop fast.

 

- AMBA posts earnings tday a/h

 

- FIT same gopro was strong yday, prob more upside to 14$