Was out since last friday, my family came to visit this beautiful island and looks like I missed some action on friday and monday sick squeeze above 200 but dind't held it and gave up some yday on weak oil. Now crude back to 37$ on OPEC meeting rumours on 20 march, also heard russia will not participate on it so more BS as always, would like to see SPY 200 reject and crude back below 35$ later this week (it ran too far too fast).
- USO was 10.24 yday p/m droppped to 9.65, now back to 9.90ish, looking to start short near 10$.
- LINE LNCO SDRL LEU FCX CHK CRC WLL all junk energy names ran 200-300% last sessions on oil recovery, all of them have no cash and billions in debt, probably will go back to earth near term if oil helps. Watching them all, the key is to have a good entry and no beeing stubborn and early short and get squeezed, my way or no way.
- TSLA was early last week and squeezed abv 200$, very crowded stock, holds strong that area. If can break 200$ support would flush to low 190ish very soon.
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