Got My Toes in the Water, Corny Country Music in the Sand

Although I cannot claim Zac Brown Band is my type of country music (check out Colt Ford [below] or Danny Boone instead), I do indeed also have some toes in the water now just like one of their top songs.

With the rally in growth stocks holding deep into the afternoon, it appears that the crush in oil may be enough until the middle of the month or maybe even the end of the month FOMC for bulls to finally fulfill some bullish seasonality. 

Heavily-shorted bios, consumer names, and growth in general (yes, even the crypto plays like MARA) seem ripe to finally squeeze for a bit and keep the crash-is-coming-now shorts in check. 

I fully understand we can walk into a gap down tomorrow, but then again we did just that off a long weekend this morning. Keep an eye on Bitcoin vs. $20,000 after the bell for clues as to risk appetite.

Again, this is only a short-term view. I do not view the oil collapse as some great bullish development--With the supply issues we have the only way I think oil collapses like this is if the market prices in a very deep recession which still likely requires a market washout.