All Shorts Must Cover Prior To Collapse

Wall Street is covering ahead of the long weekend, because option decay (theta) accelerates over long weekends. They don't want to take a hit to the P&L, and anyways it's "other peoples' money"... 


ZH: Feb. 12, 2016
Biggest % Oil Rally Since 2009

Oil volatility just closed at the high of the week (Today's close):

Here is the volume from the oil ETF overlaid with End of Day WTI prices. Intra-day, WTI bounced from $26 yesterday to $29 today.

Presenting the oil rally of the decade:

"Is this a problem?"

Here are Energy stocks as a ratio of oil:

Here is Exxon as ratio of Energy stocks: