The oil trend is broken, and stocks push higher.
I have decided to modify my delta neutral/delta negative account status, and get long. I am going to start small, with my long positions set to make up 55-60% of my capital invested, and short positions are going to be in the ball park of 40-45% of my capital invested. As of this moment, I am likely to cut my losses on ANF, and I have a very tight rope on the solars. However, the energy related shorts (SD, GIFI, GDP, CPX, CRK, PVA, ACI) continue to rock the house, which leaves me plenty comfortable keeping them on.
I am watching a few bottoms today, trying to find more bullish ideas...here is the list I have come up with so far, take a look...
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