Monday, March 2, 2015

Mar 02 2015

Fastest and easiest 1:5 ever 

Day of fireworks, continuing as strongly as started, One of the best trading sessions this year, with win after win after win.

Session Time: Mon Mar 02 00:00:00 2015
[09:09] {dino} gm, its official, 3rd cldest february on record here, tied for 4th place as one of the coldest months on record. average temp this feb were 17.5 degrees . only two clder, 1901 & 1934. 2015 Averaged 11.3 degrees below the average feb temp. i guess what i'm trying to say, its f'ng cold up here
01[09:09] {@Threei}  morning dino
01[09:09] {@Threei}  yeah... and we are having record warm Feb... or secind warmest, don't remember
[09:10] {dino} trade you
01[09:11] {@Threei}  ummm
01[09:11] {@Threei}  I need to think about it
[09:13] {RonS} gm
01[09:14] {@Threei}  ron :)
[09:22] {cosmo} Gee, maybe if it wasn't for global warming, those 1901 and 1934 lows would be have been exceded by now...
[09:23] {RonS} NOAA: 2,185 cold records broken or tied in last 7 days...
01[09:23] {@Threei}  and dino wouldn't be even online, since interenet would have froze?
[09:25] {dino} wow ll
[09:25] {cosmo} 11?
[09:26] {RonS} saw 60 minutes...someone is going to jail... LL
[09:27] {cosmo} oh
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -MVNR +20% (being acquired by Mitel in cash & stock deal worth $560M)
01[09:27] {@Threei}  -CYCC +20% (no news seen)
01[09:27] {@Threei}  -NXP +15% (merger with FSL)
01[09:27] {@Threei}  -FSL +10% (merger agreement with NXP)
01[09:27] {@Threei}  -SSYS +3.6% (earnings)
01[09:27] {@Threei}  -KITE +3% (expanded R&D collaboration with the National Cancer Institute)
01[09:27] {@Threei}  -KFX +3% (acquired Aia Holding BV for $19.5M cash)
01[09:27] {@Threei}  -ENDP +2.2% (selling American Medical Systems Urology portfolio for up to $1.68B)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -LL -25% (momentum from negative 60 Minutes report alleging that laminate flooring made in China doesn't meet CA safety codes)
01[09:27] {@Threei}  -PCRX -14% (received complete response letter from FDA for sNDA seeking approval for EXPAREL)
01[09:27] {@Threei}  -LPI -7% (offering 50M shares through Credit Suisse)
01[09:27] {@Threei}  -EGO -6.5% (update on Greece)
01[09:27] {@Threei}  -ISIS -3.7% (earned $15M milestone payment from GSK for advancing ISIS-TTR Rx & also received negative broker commentary)
01[09:27] {@Threei}  -GPRO -3.5% (Chinese competition)
01[09:27] {@Threei}  -WTW -3% (negative broker commentary)
[09:27] {RonS} 13-20X formaldyhide standard in laminated flooring...
01[09:31] {@Threei} Short Setup: FB  .30 break
01[09:31] {@Threei}  If holds  .36
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:5
01[09:33] {@Threei}  out
01[09:33] {@Threei}  what a beautiful rug pull
[09:40] {dino} pcrx blood
[09:41] {dino} gj
01[09:41] {@Threei}  ty
01[09:43] {@Threei} Long Setup:  VXX  .42 break
01[09:43] {@Threei}  If holds  .36
01[09:45] {@Threei}  Invalidated
01[09:46] {@Threei} Long Setup:  TWTR  .75 break
01[09:46] {@Threei}  If holds  .65
01[09:48] {@Threei}  Invalidated
01[09:50] {@Threei} Long Setup:  CAT  .40 break
01[09:50] {@Threei}  If holds  .30
01[09:51] {@Threei}  1:1
[09:53] {jfjf64} Gmail all
01[09:53] {@Threei}  hey jf
[09:53] {jfjf64} Gm all
[09:54] {jfjf64} Lol
01[09:54] {@Threei}  missed 1:5
[09:54] {jfjf64} Oh shit
[09:54] {jfjf64} ?
01[09:54] {@Threei}
01[09:56] {@Threei}  and CAT is at 1:1
01[09:56] {@Threei}  that'll teach you how to sleep in
01[09:57] {@Threei}  wait... you do that well without teaching
[09:57] {jfjf64} Had to shovel lots snow here
[09:57] {jfjf64} But that's on me should of started earlier
01[09:58] {@Threei}  reminds me my secretary back in old country...
01[09:58] {@Threei}  girl comes to work 30 min kate, asked why she says " left home too late,"
[09:58] {jfjf64} Lol
01[09:59] {@Threei}  asked why she didn't leave earlier, she said: ut was too late to leave earlier
01[09:59] {@Threei}  laughed so hard, that decided to let it go
01[10:00] {@Threei}  10:00 *(US) FEB ISM MANUFACTURING: 52.9 V 53.0E; ISM PRICES PAID: 35.0 V 37.0E
01[10:00] {@Threei}  *(US) JAN CONSTRUCTION SPENDING M/M: -1.1% V 0.3%E
[10:00] {jfjf64} Like vxx here bounce
01[10:01] {@Threei}  1:2  CAT
[10:01] {jfjf64} .20
01[10:01] {@Threei}  not sure
[10:01] {dino} pcrx smr l .48
[10:08] {jfjf64} Mcd 101 s
01[10:08] {@Threei}  yup
01[10:09] {@Threei}  if holds .10
01[10:09] {@Threei}  1:1
[10:10] {jfjf64} We get to .74 no prob
[10:13] {jfjf64} Close to 1/2
01[10:19] {@Threei}  1:2
01[10:28] {@Threei}  with this kind of morning we can go home already, lol
[10:28] {jfjf64} Shamed us out going down to .35
01[10:28] {@Threei}  1:5 and two 1:2ers
[10:28] {jfjf64} Shacked
[10:29] {jfjf64} Great mornin
[10:29] {dino} jf, 8" snow here last night
[10:30] {jfjf64} Got 7 inches here
[10:30] {jfjf64} 8 feet
01[10:30] {@Threei}  (US) Hearing strength in WTI crude futures attributed to circulation of Genscape report - Reportedly Genscape weekly estimates shows a smaller-than-expected build in Cushing inventories
01[10:30] {@Threei}  lol
01[10:30] {@Threei}  Nasdaq touches 5000
[10:31] {dino} inches
[10:31] {jfjf64} Lol
[10:31] {jfjf64} My snow blower gettin tired
[10:32] {jfjf64} More middle week
[10:33] {jfjf64} AAPL .65 long
[10:33] {jfjf64} 1/1
[10:34] {jfjf64} 1/2
[10:34] {jfjf64} Out
01[10:34] {@Threei}  wtg
[10:35] {jfjf64} Ty
[10:36] {jfjf64} These pullbacks I'm playin get to 13 ma then little res
[10:36] {jfjf64} I'm noticing
01[10:39] {@Threei} Long Setup:  MCD  .45 break
01[10:39] {@Threei}  If holds  .40
01[10:39] {@Threei}  tight risk control
[10:40] {jfjf64} Lov it
01[10:40] {@Threei}  wiith this kind of profits, no way I'd risk more than 20% of it till end of the day
[10:40] {jfjf64} .35 big support
[10:41] {jfjf64} Twtr .50 l
01[10:43] {@Threei}  meh
[10:43] {jfjf64} .35 bounce
[10:44] {jfjf64} Imo
[10:44] {jfjf64} No go twtr
[10:46] {jfjf64} .40 break will try mcd
[10:47] {RonS} dino, you there?
[10:51] {jfjf64} Close to 1/1  moving stop up will not loose money
[10:52] {RonS} if money is loose it is bound to be lost...
01[10:52] {@Threei}  lol
01[10:52] {@Threei}  dino can't see you ron, he keeps eyes closed, not to see all that snow
[10:53] {jfjf64} Ron ya starting to sound like vg
[10:53] {dino} sorry ron
[10:54] {jfjf64} Twtr stopped me out no goes
[10:54] {RonS} need to see this week's Barrons and read the article :The liitle guy Wins"...
[10:54] {RonS} little
[10:54] {dino} online?
[10:55] {RonS} it details the price improvement i was speaking about last week...
[10:55] {dino} ahh
[10:55] {RonS} library?
[10:56] {jfjf64} Nxpi watchin
[11:01] {jfjf64} .40
[11:01] {jfjf64} Break
[11:10] {jfjf64} grr missed it
[11:12] {jfjf64} Bastard
01[11:13] {@Threei} Long Setup:  VXX  .20 break
01[11:13] {@Threei}  If holds  .13
[11:13] {RonS} long mifi 5.33
01[11:18] {@Threei}  Invalidated
01[11:25] {@Threei} Short Setup: MCD  .10 break
01[11:25] {@Threei}  If holds  .20
[11:26] {RonS} out mifi +.07 ese stalled
[11:28] {dino} nice
01[11:30] {@Threei}  YHOO Ticking higher on vague chatter CEO Marissa Mayer could be ousted
01[11:30] {@Threei}  must be nice feeling for her
01[11:31] {@Threei}  1:1
01[11:58] {@Threei}  (GR) Eurogroup official refutes earlier comments from Guindos about whether a third bailout program for Greece was being discussed - press - Reminder: Earlier the Spain Econ Min Guindos commented that the EMU has had discussions on a third bailout program for Greece in the amount of €30-50B
01[11:58] {@Threei}  lol
01[11:58] {@Threei}  2035: 18th bailout for Greece is being discussed; Eurogoup denies rumors
01[11:59] {@Threei}  2040: Greece says this is going to be a year it finally leaves EU
01[12:00] {@Threei}  The Nasdaq Composite has climbed above 5,000 today for the first time since the dot-com bust of 2000-01
[12:07] {RonS} today's inspirational headline: "Buying pet health insurance? Sniff out the fine print"
[12:07] {jfjf64} Stx .10 break
01[12:09] {@Threei}  lol
[12:09] {jfjf64} No go
01[12:17] {@Threei} Long Setup:  VXX  .20 break
01[12:17] {@Threei}  If holds  .10
01[12:22] {@Threei}  to .14
01[12:31] {@Threei}  Lottery gives you a 1 in 60M chance of skipping work tomorrow...alcohol is 1 in 5.
01[12:31] {@Threei}  You play your game...I'll play mine
[12:31] {jfjf64} Lol
[12:32] {jfjf64} Ya like iwm
[12:32] {jfjf64} .80
01[12:32] {@Threei}  not sure, too random
01[12:33] {@Threei}  rofl
01[12:34] {@Threei}  police found strange tunnel dug out in the forest not far from Toronto,
01[12:34] {@Threei}  after a few days of investigation they announced: no criminal intent, no danger,
01[12:34] {@Threei}  two men dug it out "for personal reasons"
01[12:34] {@Threei}  Comment under the article in online paper:
01[12:35] {@Threei}  "Who of us hasn't dug a tunnel for personal reason at some point in our life"
01[12:38] {@Threei}  Putin now has the elite exactly where he wants them — terrified
01[12:38] {@Threei}  He rules Russia with three things: money, propaganda and terror.
[12:38] {jfjf64} Yes he does
[12:39] {jfjf64} AAPL .95 break
01[12:39] {@Threei}  CNN has apologized for a technical glitch that showed an image of Russian Preasident Vladimir Putin during a news segment on an alleged ISIS executioner 'Jihadi John'.
01[12:39] {@Threei}  lol
[12:41] {jfjf64} .65
[12:43] {jfjf64} in
[12:44] {jfjf64} 1/1
[12:47] {jfjf64} That's funny shit cnn
01[12:48] {@Threei}  I see no error there, not sure why they apologized
[12:49] {jfjf64} Vg were you in Russia /with Putin rule
[12:49] {RonS} they don't want to get whacked...
01[12:51] {@Threei}  no
01[12:51] {@Threei}  I left in 1996
01[12:51] {@Threei}  and in any case, I am from Ukraine, nor Russia
01[12:51] {@Threei}  not
01[12:52] {@Threei}  so, I observe this Stalin v.2 from outside
[12:53] {jfjf64} I'm sorry  big dif Ukraine you. Hate this sob
01[12:53] {@Threei}  at the risk of pissing off dino and jf,
[12:53] {RonS} pcrx more blood
[12:55] {jfjf64} .60 long pcrx
[12:55] {jfjf64} Missed it
[12:55] {jfjf64} Gotta get me them faster ronnie
[12:56] {RonS} you will get another chance...not enough volume yet...
[12:57] {jfjf64} I'm going to grab lunch
[12:57] {RonS} wife or girlfriend?
[12:57] {jfjf64} No 1/5 ers when gone vg
01[12:57] {@Threei}  can't promise
[12:58] {jfjf64} Always my wifey ronnie
[12:58] {RonS} vdsi set sail...
[12:59] {jfjf64} Pcrx goons go
[13:02] {RonS} ah gigi...when shirley maclaine was hot
[13:03] {RonS} lol...think i saw that at 8 and still thought so...
01[13:03] {@Threei}  lol
01[13:04] {@Threei}  was that gig also 5 min man?
01[13:04] {@Threei}  gigi
[13:04] {RonS} think been on and off all day...
[13:16] {RonS} LL defends:  $LL: Lumber Liquidators disclosed response to '60 Minutes' piece in 8K filing; says 'suppliers have confirmed that...
01[13:16] {@Threei} Short Setup: MCD  .90 break
01[13:16] {@Threei}  If holds  100
01[13:21] {@Threei}  1:1
01[13:22] {@Threei}  1:2
01[13:22] {@Threei}  man, jf will be pissed
01[13:22] {@Threei}  touched 1:3 but I wasn't quick enough
[13:43] {dino} vdsi sm l .75 stop lod
01[13:48] {@Threei} Long Setup:  IWM  .15 break
01[13:48] {@Threei}  If holds  .05
[14:00] {dino} pcrx smr l .62
01[14:03] {@Threei}  18 minutes this time
01[14:03] {@Threei}  progress
[14:04] {RonS} lol
[14:08] {RonS} wow googl
01[14:18] {@Threei}  Invalidated
01[14:24] {@Threei}  finally 1:3 on MCD
01[14:31] {@Threei}  1:4
01[14:37] {@Threei} Long Setup:  VXX  .10 break
01[14:37] {@Threei}  If holds  27
[14:40] {jfjf64} Ahh shit
[14:40] {jfjf64} Lol
01[14:40] {@Threei}  hehe
[14:41] {jfjf64} You like gettin me
01[14:41] {@Threei}  it kind of happens
01[14:42] {@Threei}  we are back to 5 min pattern, ron
01[14:53] {@Threei}  Invalidated  VXX
[14:53] {jfjf64} AAPL .45
[14:55] {jfjf64} 1/1
[14:57] {RonS} wow LL has traded 77% of the outstanding
[14:57] {jfjf64} 1/2
[14:58] {jfjf64} 1/3
[15:00] {dino} pcrx stop
01[15:01] {@Threei} Long Setup:  MCD  .70 break
[15:01] {jfjf64} 1/4
01[15:01] {@Threei}  If holds  .60
[15:02] {jfjf64} Out
[15:04] {jfjf64} Watchin pcrx for entry
[15:05] {RonS} $65?
[15:15] {jfjf64} Pcrx .30
[15:17] {jfjf64} Nailed that bitch
01[15:20] {@Threei}  {bitch} ouch...
[15:23] {jfjf64} Looks short now pcrx ??
[15:24] {jfjf64} 93 break
[15:24] {jfjf64} ??
01[15:29] {@Threei}  half out
01[15:29] {@Threei}  stop to .64
[15:34] {jfjf64} Cbs .55 break
01[15:34] {@Threei}  1:1
01[15:34] {@Threei}  stop to .69
01[15:35] {@Threei}  this is trading heaven of a day
01[15:37] {@Threei}  Toronto police says tunnel was dug by men who wanted a cave
01[15:37] {@Threei}  OK... I can officially die laughing now
01[15:38] {@Threei}  1/4 more out MCD
[15:38] {jfjf64} You really like that story
01[15:38] {@Threei}  well... digging a tunnel in the forest "for personal reasons?"
[15:39] {jfjf64} Agree
01[15:39] {@Threei}  you get a tatoo for personal reasons
[15:39] {jfjf64} Happy happy
01[15:39] {@Threei}  or a mistress
[15:39] {jfjf64} Half out cbs
[15:40] {RonS} LL going to L in a handbasket...
[15:41] {jfjf64} You short rs
[15:42] {RonS} nah
[15:46] {jfjf64} Good night all
01[15:47] {@Threei}  closing MCD
01[15:47] {@Threei}  thank you all, have a good evening
01[15:47] {@Threei}  see you tomorrow

Friday, February 27, 2015

Market Week Wrap-up Weekly Market Update: Greek Crisis Averted (again), Fed Stays Flexible
Fri, 27 Feb 2015 16:26 PM EST

The seemingly inexorable rise in global equities continued this week, though US stocks took a pause, hovering just below all-time highs as the fourth-quarter earnings season draws to a close and US economic data remains pretty decent. The Shanghai Composite saw strong gains as China returned from the Lunar New Year holiday to more injections of PBoC liquidity. European equity indices surged to multi-year highs this week thanks to a glimmer of positive economic data and the upcoming launch of the ECB's quantitative easing program in March. More details on the program are expected at the ECB meeting next week. European and Greek officials kicked the can four months down the road while preliminary February German CPI inflation was +0.1%, after falling to -0.4% in January. US interest rates drifted lower led by the back end of the Treasury curve. The 10-year yield declined by more than 10 basis points on the week. A combination of mixed US economic data and Fed Chair Yellen's testimony on Capitol Hill failed to cement expectations that a June liftoff was definitely in the cards. For the week, the DJIA was about flat, the S&P500 fell 0.3% and the Nasdaq eked out a 0.2% gain.

Yellen's Congressional testimony largely reiterated the tone and content of the FOMC minutes from the January meeting. Yellen established more flexibility for rate lift off by emphasizing that changes to the forward guidance regarding the "patient" language would proceed hikes but would not necessarily indicate imminent tightening. Policy changes remain dependent on employment and inflation data, although Yellen reiterated there is no evidence inflation will move above 2% anytime soon. In a speech late in the week, Atlanta Fed Governor Dennis Lockhart framed the Fed's dilemma: it must weigh weak inflation data against good growth and continued employment gains. Fed moderate Bullard reiterated that if the Fed got too far behind the curve on rate hikes, financial markets could react violently to policy changes.

Another look at solid fourth quarter GDP and the January CPI readings underscored the Fed's dilemma: headline y/y CPI fell into negative territory for the first time since December 2009, with the -0.1% decline a big slip from the prior month's +0.8% reading. There's no mystery behind the reading, which was widely expected: depressed crude prices. The core reading, which strips out energy prices, was unchanged from the prior month at +1.6%, but was still well short of the Fed's 2.0% target. Meanwhile the second reading of fourth-quarter GDP was pretty good, declining less than expected to +2.2% from the +2.6% advance number and personal consumption slipped a bit to +4.2%. EUR/USD saw a major move lower after the US CPI data, dropping from 1.1380 to 1.1190 on Thursday, and then testing 1.1180 on Friday. Recall that the 1.1110 level seen in late January was the lowest level in the pair since 2003.

The January home sales numbers out this week indicated the housing sector continues to chug along at a modest pace. January new home sales were little changed from the six-year high seen in the December data, while median prices slipped a bit lower. January existing home sales slipped a bit lower from the December rate, but were still up 3.2% y/y. Homebuilder Toll Brothers crushed expectations in its fourth quarter report, with demand for its new homes up by double-digits y/y. The overriding concern heading into the spring selling season remains low inventories nationwide.

Greece and its European partners reached a deal to extend the current bailout plan for an additional four months, helping Athens cover bond payments due over the next several months. After weeks of pressure, the new Greek government agreed to certain vague "concessions" (pension liberalization, better tax collection, a promise not to roll back completed privatizations) in order to obtain the extension, although press reports suggested that the euro zone is skeptical that the Greeks will follow through on them. However weak, the concessions are seen in Greece as a retreat by Syriza from its election pledges to write off a big chunk of Greece's sovereign debt and end austerity. With close to €20 billion in deposit outflows from its banks, Greece remains in a precarious position, and negotiations will begin again for a more lasting solution to the nation's problems.

Brent and WTI crude futures diverged this week. After bouncing higher the first half of February, WTI weakened. The Baker Hughes weekly US total rig count continues to drop, though the steep rate of decline has eased in the last two weeks. The API and EIA weekly inventory reports featured more big builds in crude stocks, while the continuing refinery strike depressed demand, even as gasoline stocks have seen drawdowns. Meanwhile Brent sustained the gains seen earlier in the month as the moderately positive euro zone data and supply disruptions in Libya helped propel the contract back above $61.

The December quarter earnings season wrapped up with retail reports. Home Depot disclosed a very strong fourth-quarter report, with earnings and revenue above expectations and solid comps. Both The Gap and TJX met expectations, hiked dividends and topped up share buyback programs, although Gap's FY guidance was not great. Target's fourth-quarter numbers were satisfactory but its first-quarter guidance was a bit soft. Macy's met all expectations and offered flattish guidance.

On the M&A front, Valeant Pharmaceuticals nabbed a hot biotech name, helping it recover from the loss of Allergan. On Sunday Valeant reached a deal to acquire gastrointestinal drug firm Salix Pharmaceuticals in an all-cash deal valued at about $10 billion. The companies said the deal had an enterprise value of $14.5 billion, which would include Salix's debt and any cash on hand. Valeant will pay around $158/share.

China returned from a week-long holiday break to a surprise rebound in the February HSBC flash manufacturing PMI reading. The report popped back into expansion territory after two months in contraction, although the report featured a contraction in export orders for the first time since April of last year. The PBoC approved an additional 0.5% of RRR rate cuts for several urban banks that was estimated to release up to CNY100B of liquidity into the system. The central bank also injected another CNY38B through its regular open market operations via 14-day reverse repos. The Shanghai Composite rallied 2.5% on the week.

On balance, the February Japan economic data signaled that policymakers' cheerleading of the economy has yielded little progress. The jobless rate rose to a four-month high after falling to 17-year lows last month despite reports of tightening labor conditions ahead of spring wage talks. Household spending fell for the 10th straight month, while the drop in retail sales was worse than expected. CPI figures - the most closely monitored metric for its potential implication on BOJ policy - were similarly unimpressive. Nationwide, core CPI hit a 10-month low of 2.2%, and stripping away the tax increase impact core CPI fell to just 0.2% from 0.5% in December. There were press reports about an emerging rift between Prime Minister Abe and BOJ Governor Kuroda, and there is talk Kuroda is also uneasy about the government's plan to raise the sales tax in 2017.

Feb 27 2105

Not too active but still positive day, finishing almost perfect week and decent month. 

Session Time: Fri Feb 27 00:00:00 2015
[08:55] {dino> gm
01[08:55] {@Threei>  dino :)
[08:58] {dino> 3i, it's a heat wave, was only -3 f when i got up at 6 am, now a sweltering 6f
01[08:59] {@Threei>  wow
01[08:59] {@Threei>  lol
01[09:06] {@Threei>  allow me to start the day with exceptionally original, totally unexpected and really susprizing news:
01[09:06] {@Threei>  - (GR) Reportedly a third rescue package remains a possibility for Greece as it could need over €30B over the next 2 years
01[09:07] {@Threei>  who could have thought
[09:12] {cosmo> I was thinking interest free
[09:12] {dino> only 30b?
01[09:12] {@Threei>  it's a small country, dino :)
[09:13] {dino> heck, why doesn't germany just buy the country
01[09:14] {@Threei>  they already did, twice over
01[09:14] {@Threei>  now they just haggle over demand to pay thrid time for their purchase
[09:25] {dino> hawk down again
[09:25] {RonS> gm
01[09:25] {@Threei>  ron :)
01[09:29] {@Threei>  Upside:
01[09:29] {@Threei>  -ABTL +18% (earnings)
01[09:29] {@Threei>  -SREV +18% (earnings)
01[09:29] {@Threei>  -CLNE +14% (earnings)
01[09:29] {@Threei>  -MNST +10% (earnings)
01[09:29] {@Threei>  -SD +8.5% (earnings)
01[09:29] {@Threei>  -ARUN +7% (earnings)
01[09:29] {@Threei>  -TTPH +6% (momentum ahead of eps report)
01[09:29] {@Threei>  -ROST +5% (earnings)
01[09:29] {@Threei>  -OVTI +5% (earnings)
01[09:29] {@Threei>  Downside:
01[09:29] {@Threei>  -WTW -19% (earnings)
01[09:29] {@Threei>  -JCP -15% (earnings)
01[09:29] {@Threei>  -TUBE -15% (earnings)
01[09:29] {@Threei>  -PBPB -8% (CFO resigns, moves to another company)
01[09:29] {@Threei>  -DFGR -7% (earnings)
01[09:29] {@Threei>  -NVAX -5% (earnings)
01[09:29] {@Threei>  -CYBR -3.3% (files registration statement for proposed secondary offering)
01[09:29] {@Threei>  -CROX -2.7% (earnings)
01[09:33] {@Threei> Short Setup: FB  .75 break
01[09:33] {@Threei>  If holds  .85
01[09:33] {@Threei>  Invalidated
01[09:35] {@Threei> Long Setup:  VXX  .70 break
01[09:35] {@Threei>  If holds  .65
01[09:39] {@Threei> Short Setup: FB  .10 break
01[09:40] {@Threei>  ugh... late
01[09:40] {@Threei>  meh VXX
01[09:40] {@Threei>  FB got away
01[09:45] {@Threei>  *(US) FEB CHICAGO PURCHASING MANAGER: 45.8 V 58.0E -
01[09:45] {@Threei> Long Setup:  FB  .50 break
01[09:45] {@Threei>  If holds  .40
01[09:46] {@Threei> Long Setup:  FB  .20 break
01[09:46] {@Threei>  If holds  .10
01[09:47] {@Threei>  1:1
[09:48] {RonS> Chicago PMI 45.8,  down from 59.4, LOWEST SINCE JULY 2009
01[09:49] {@Threei>  nice recovery
01[09:49] {@Threei>  FB same setup again
01[09:51] {@Threei>  heavy
01[09:52] {@Threei>  no go this time
[09:55] {jfjf64> Gm all
01[09:55] {@Threei>  jf :)
[09:57] {RonS> sndk spike
[09:58] {jfjf64> S .85 sndk
[09:59] {jfjf64> If holds
01[10:00] {@Threei>  10:00 *(US) JAN PENDING HOME SALES M/M: 1.7% V 2.0%E; Y/Y: 6.5% V 8.7%E
[10:04] {jfjf64> Nice find ronnie
[10:05] {dino> isis calls added
[10:05] {jfjf64> Kiss watchin
[10:05] {jfjf64> Kss
[10:07] {jfjf64> .70 break fb
[10:08] {jfjf64> 1/1
[10:09] {jfjf64> 1/2
01[10:12] {@Threei>  wtg
[10:12] {jfjf64> Ty
[10:13] {jfjf64> Missed kss
[10:13] {dino> gj
[10:13] {RonS> heavy call buying in the 3/6 strikes not short this imo
[10:13] {jfjf64> .10 break
01[10:13] {@Threei>  that's OK jf, we all missed one or two ksses in our life
[10:13] {jfjf64> Lol
[10:14] {jfjf64> Sndk made nice base o pb looks higher
[10:16] {dino> data pulp
[10:17] {RonS> must be printed on paper?
01[10:17] {@Threei> Short Setup: FB  .70 break
01[10:17] {@Threei>  If holds  .80
01[10:17] {@Threei>  aggressive for .60 total breakdown
[10:17] {dino> sheesh
[10:17] {RonS> eyes bugging out
01[10:17] {@Threei>  that was actually good Ron
01[10:18] {@Threei>  I mean data pulp printed on paper
01[10:20] {@Threei>  Invalidated
[10:22] {RonS> asps ocn down again
[10:27] {dino> at some point i would think takeover on asps
[10:29] {RonS> akrx blowoff move?
01[10:29] {@Threei>  FB again
[10:29] {RonS> hmmm, akrx 12% float short
01[10:29] {@Threei>  same setup
01[10:29] {@Threei>  .70 break short
[10:30] {dino> data sm l .67
[10:30] {dino> .76
01[10:31] {@Threei>  invalidated again
01[10:31] {@Threei>  poor BBRY, even Russia doesn't want it anymore
01[10:31] {@Threei>  [BBRY] Vimpelcom reportedly intends to halt the connection of new Blackberry clients - Russia press - VIP also plans to double service costs for existing Blackberry users, effective March 2nd
01[10:32] {@Threei>  since Russia damned AAPL too when CEO came out of closet, they probably are going back to rotary phones
[10:33] {cosmo> I miss rotary dial btw
01[10:33] {@Threei>  I do too, especially ever since that joke came out
[10:34] {cosmo> its reality
01[10:34] {@Threei>  - hi, is this 555 -5555? could you please call 911 for me?
01[10:34] {@Threei>  - ????
01[10:34] {@Threei>  - well, my finger stuck in 5, I need paramedics...
01[10:35] {@Threei>  speaking of AAPL... AAPL CEO Cook: Apple Watch could bring about a tech revolution similar to the iPhone; asserts the battery will last all day
[10:35] {cosmo> just like the only time I ever went bowling
01[10:35] {@Threei>  lol
[10:36] {jfjf64> Twtr l.15
01[10:37] {@Threei> Short Setup: FB  .60 break
01[10:37] {@Threei>  If holds  .70
01[10:38] {@Threei>  that .70 idea was the right one, just never shaped up right
01[10:39] {@Threei>  1:1
[10:40] {jfjf64> .60 long I'm going
[10:40] {jfjf64> F with us
01[10:41] {@Threei>  what about GM?
[10:42] {jfjf64> Lol I'm sayin fb fu ked with us
[10:42] {jfjf64> Still is
01[10:43] {@Threei>  sorry, I just converse with Ron for too long
[10:43] {jfjf64> Lol
[10:51] {dino> wday sm l .08 stop lod
[10:51] {jfjf64> AAPL l .90 break
[10:51] {jfjf64> Invalid
[10:53] {jfjf64> Airs pushin up
[10:54] {jfjf64> Akrx
[10:55] {dino> bita drop
[10:56] {jfjf64> Yum pushin up
[10:58] {RonS> blox tackled
[10:59] {jfjf64> .50. S yum
[11:00] {dino> wday stopped
[11:01] {jfjf64> Invalid
[11:01] {jfjf64> Gonna nail one of these
[11:04] {jfjf64> Alex got away
[11:05] {jfjf64> Akrx
01[11:11] {@Threei> Short Setup: MCD  99 break
01[11:12] {@Threei>  If holds  .10
[11:13] {jfjf64> Yum s .70
[11:14] {jfjf64> Inv
[11:14] {dino> wday rinsed
[11:27] {RonS> bita not sweet
[11:27] {jfjf64> .30 l hlf
[11:29] {jfjf64> 1/1
01[11:29] {@Threei>  no Ron... just say no
[11:30] {jfjf64> 1/2
[11:30] {RonS> gj
[11:31] {jfjf64> I'm out
[11:31] {jfjf64> Ty
[11:33] {dino> gj
01[11:42] {@Threei>  1:1
[11:42] {jfjf64> McDonald's go heavy
[11:42] {jfjf64> Got heavy
[11:43] {jfjf64> Didn't realize ya were still in vg
01[11:43] {@Threei>  1:2
[11:43] {jfjf64> Dieeeeee
01[11:43] {@Threei>  why wouldn't I
01[11:43] {@Threei>  stop was never hit
01[11:44] {@Threei>  trade remained valid
[11:44] {jfjf64> .78 support
[11:44] {jfjf64> I know da rules boss
[11:44] {jfjf64> Lol
[11:47] {jfjf64> Boy .78 a wall
01[11:48] {@Threei>  closed last piece on a trail
[11:49] {jfjf64> Let's keep on radar
[11:49] {jfjf64> When that .78 breaks
[11:49] {jfjf64> Then lod then diee
[11:50] {jfjf64> Maybe
[11:50] {jfjf64> Lol
[11:51] {jfjf64> Hmm
[11:51] {jfjf64> .77 thinkin
[11:52] {jfjf64> ?
01[11:53] {@Threei>  nah
[11:54] {jfjf64> Fb.30 break l
[11:55] {jfjf64> 1/1
[12:06] {jfjf64> 1/2
01[12:07] {@Threei>  wtg
[12:07] {jfjf64> Ty
[12:08] {jfjf64> McDonald's .77 will try last trade day
[12:09] {jfjf64> Naa
[12:09] {jfjf64> All enjoy weekend ty
[12:09] {jfjf64> Vg
[12:10] {RonS> cya jf
01[12:10] {@Threei>  take care jf
[12:10] {jfjf64> See monday
[12:11] {jfjf64> Lod
[12:11] {jfjf64> I hate you mcd
01[12:20] {@Threei>  MCD won't accept jf in its shops anymore I guess
01[12:35] {@Threei> Short Setup: FB  .20 break
01[12:35] {@Threei>  If holds  .30
01[12:42] {@Threei>  Spock has died
[12:43] {RonS> ya
[12:44] {RonS> ...he was russian...heritage
[12:46] {RonS> saw him introduce the cd for Phillips in Seattle in 82 or 3...seemed like a nice guy...great voice
[12:51] {RonS> crox snappy
[12:53] {RonS> data bad
[12:56] {RonS> clne up on aisle 9
[12:56] {RonS> ocn bouncing
01[13:02] {@Threei> Short Setup: TWTR  .83 break
01[13:02] {@Threei>  a bit fast
01[13:02] {@Threei>  let's cancel and wait for bounce
[13:19] {RonS> crude -$ since rig report 48.61
[13:20] {RonS> -$1
01[13:21] {@Threei>  there was an exchange somwhere on the net couple days ago, coming to: plenty of tankers with oil are in various stages of delivery, delayed as much as possible, in hope for price recovery,
01[13:22] {@Threei>  and since it's very expensive to keep them, sooner rather than later all this glut will hit the market
01[13:22] {@Threei>  and 40, 30 and below is not out of question
01[13:22] {@Threei>  can't estimate how true that is of course
[13:23] {RonS> data keeps getting worse...
[13:26] {RonS> eyes blinding
[13:29] {dino>
[13:29] {dino>
[13:31] {RonS> nutz, not a porn site... lol
01[13:31] {@Threei>  lol
[13:33] {RonS> anip dip
[14:22] {RonS> wow, now crude running to $50
[14:22] {dino> ttph blood
[14:26] {RonS> eyes poked
01[14:27] {@Threei>  lol
[14:29] {dino> ttph hl l .99
[14:37] {RonS> "Great minds discuss ideas. Average minds discuss events. Small minds discuss people." - Eleanor Roosevelt
01[14:38] {@Threei>  and who discusses Eleanor Roosevelt?
01[14:43] {@Threei>  no news
01[14:43] {@Threei>  sudden market drop
01[14:45] {@Threei>  watching VXX for enty on pullback, around .60
[14:45] {dino> out ttph .42, +.43
01[14:47] {@Threei>  wtg
[14:51] {dino> ty
[14:54] {RonS> dino, fwiw somehow Fidelity has been getting me market order fills on buys close to the bids and sells close to the offer...for instance i got ttph at .91 and sold at .55...between the two trades the spread was 14 cents...the buy .08 and the sell .06...they also only charge $7.95
[14:58] {RonS> ...also thinking both of us should review Options House... $4.95 stock trade charges and cheap options charges...they are now using the OptionMonster platform now that they are mereged with that company...again fwiw
01[15:00] {@Threei>  wow
01[15:01] {@Threei>  VXX
[15:01] {dino> not moving my stsmartpro, i like the free charts and free scanners. as for options, i use optionshouse/optionmonster
[15:02] {RonS> do they have directed options trading there?
[15:06] {dino> stsmart? yes
01[15:06] {@Threei>  messy chart... no clear entry yet
[15:07] {RonS> no...options house
[15:07] {RonS> ?
[15:08] {dino> its the former optionsmonster, they have directed services you can subscribe to if that is what you mean
[15:08] {dino> i don't use them, i trade my mind
[15:08] {RonS> why subscribe?  isn't it a platform feature?
[15:08] {dino> not sure
[15:08] {dino> i've seen sub services on it
[15:09] {RonS> directed options trading means directing your trade to a specific exchange...
[15:09] {dino> lol, sorry. not sure
[15:09] {RonS> same thing for stock, which is pretty standard...
[15:10] {dino> i rarely hit the ask am always near bid
[15:10] {dino> patience
01[15:15] {@Threei> Long Setup:  VXX  .80 break
01[15:15] {@Threei>  If holds  ,70
01[15:21] {@Threei>  nah
01[15:30] {@Threei>  if I hear about the color of that dress one more time, I will be drinking myself into oblivion for a month
01[15:30] {@Threei>  what is it, mass lapse of reason?
[15:31] {dino> you asking the wrong guy, color blind
01[15:31] {@Threei>  hehe
01[15:31] {@Threei>  you are not taking part in the greatest debate of 21 century then
[15:32] {dino> nope, hardly ever get colors right
[15:32] {dino> found out in 2nd grade, i was coloring my xmas trees brown. teacher thought there was a problem at home
01[15:32] {@Threei>  wow... lol
[15:33] {dino> during golf season, my daughters' always saying,"dad, you can't wear that shirt with those shorts"
[15:34] {dino> wow wtw
[15:34] {RonS> isn't that why Johnny Cash only wore black?
[15:35] {RonS> of course for golf you would burn up...
[15:36] {RonS> wtw get thinner?
[15:36] {RonS> +s
[15:37] {dino> its funny, when you see the world as i do, you don't notice things.
[15:37] {dino> for example, in summer the grass is orange to me, in fall/winter it is green
[15:37] {dino> world is pretty bright in the summer
[15:39] {dino> always thought geranimals for adults would be helpful
[15:39] {RonS> will take your word for it but if you see the wrong colors how do you know the color you are seeing?  just wondering...
[15:40] {dino> because i lose orange things in the grass (dogs frisbie, those orange golf balls)
[15:40] {RonS> ah
[15:41] {dino> whenever i get orange golf balls for a gift, i re-gift them. cannot find them in the grass
01[15:41] {@Threei>  wow
01[15:41] {@Threei> Short Setup: FB  .70 break
[15:41] {dino> i am red/green deficeint
01[15:41] {@Threei>  If holds  ,80
01[15:42] {@Threei>  last attempt
[15:48] {dino> ual drop
[15:50] {RonS> adios amigos...
01[15:50] {@Threei>  ok guys, have a great weekend
01[15:50] {@Threei>  see you monday

Thursday, February 26, 2015

Feb 26 2015

Another strong day with many nice wins, from scalps to 1:4. Very steady week so far.

Session Time: Thu Feb 26 00:00:00 2015
[08:31] {dino} gm
01[08:48] {@Threei}  dino :)
[09:11] {_dezus111} hy
01[09:12] {@Threei}  morning dezus
01[09:14] {@Threei}  09:01 *(US) DEC FHFA HOUSE PRICE INDEX M/M: 0.8% V 0.5%E; Q/Q: 1.4% V 0.9% PRIOR
[09:16] {RonS} dodged a bullet on LL 60 minutes piece this sunday & a doj criminal investigation
01[09:16] {@Threei}  ron :)
[09:21] {jfjf64} Mornin all
01[09:22] {@Threei}  jf :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -ATOS +38% (HSIC to offer ATOS's full CYTE breast aspirator)
01[09:25] {@Threei}  -ELX +25% (agreed to be acquired by Avago for $8/shr)
01[09:25] {@Threei}  -CYBX +21% (earnings & merging with Sorin Group)
01[09:25] {@Threei}  -OCAT +17% (received two new patents for immune-modulatory cell technology)
01[09:25] {@Threei}  -LBIO +17% (prices 8M share offering at $18/shr)
01[09:25] {@Threei}  -STXS +15% (earnings)
01[09:25] {@Threei}  -CRM +13% (earnings)
01[09:25] {@Threei}  -GOGO +7% (earnings)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -CLRX -33% (priced 2.36M shares at $1.27/shr)
01[09:25] {@Threei}  -LKQ -11% (earnings)
01[09:25] {@Threei}  -PAA -5.2% (priced 21M share offering at $50/shr)
01[09:25] {@Threei}  -NBL -3.8% (priced 21M shares at $47.50/shr)
01[09:25] {@Threei}  -SFM -2% (earnings)
01[09:35] {@Threei} Long Setup:  FB  .40 break
01[09:35] {@Threei}  If holds  .30
01[09:35] {@Threei}  1:1
01[09:35] {@Threei}  1:2
01[09:36] {@Threei}  1:3
[09:37] {jfjf64} Go fb
[09:38] {jfjf64} Wher stop .50
01[09:38] {@Threei}  .59
[09:38] {dino} gj
01[09:38] {@Threei}  ty
[09:38] {jfjf64} Ty
[09:38] {jfjf64} Ty
01[09:39] {@Threei} Long Setup:  MCD  .90 break
01[09:39] {@Threei}  If holds  .80
01[09:41] {@Threei}  1:2
01[09:41] {@Threei}  1:3
01[09:41] {@Threei}  out
[09:41] {jfjf64} Ty
01[09:41] {@Threei}  yw
01[09:42] {@Threei}  FB 1:4
01[09:42] {@Threei}  out
[09:44] {jfjf64} Fb s .75
[09:44] {dino} hawk
[09:46] {jfjf64} No go
01[09:47] {@Threei} Long Setup:  TWTR  .90 break
01[09:47] {@Threei}  If holds  .80
[09:49] {Nesi} hi all
01[09:49] {@Threei}  hey nesi
[09:49] {jfjf64} Fb rinsed me
[09:52] {jfjf64} Hawk bounce here
[09:52] {jfjf64} IMO
01[09:52] {@Threei}  trail TWTR to .84
01[09:52] {@Threei}  taking too long
[09:53] {jfjf64} Here we go
01[09:53] {@Threei}  now or never
01[09:53] {@Threei}  opening plays should develop faster
[09:56] {dino} 07 red
01[09:56] {@Threei}  out
[09:58] {jfjf64} You long hawk Dino
[09:59] {dino} not yet
[09:59] {jfjf64} In.75
[10:00] {dino} nice
[10:02] {dino} added asps calls
[10:04] {jfjf64} Nice find Dino hawk Ty
[10:04] {dino} wtg, you were in 36.75?
[10:05] {jfjf64} .76 to .83
[10:05] {jfjf64} Ran 1.00
[10:05] {dino} nice
01[10:06] {@Threei} Long Setup:  VXX  28 break
01[10:06] {@Threei}  If holds  .95
[10:07] {jfjf64} S mcd .24
[10:07] {jfjf64} Nope
[10:08] {jfjf64} You rat
01[10:13] {@Threei}  1/2 out
01[10:14] {@Threei}  stop .99
[10:16] {dino} hawk drop
[10:16] {RonS} sheesh, s/b hawk dive...
[10:18] {jfjf64} Missed entry paa
[10:18] {jfjf64} Was watching
[10:18] {dino} bpt crushola
01[10:19] {@Threei}  frikin TWTR
01[10:19] {@Threei}  got away
[10:20] {jfjf64} Yes
[10:21] {jfjf64} Paa wanna shoot myself
[10:23] {jfjf64} Kss watching
01[10:26] {@Threei} Short Setup: TWTR  .40 break
01[10:26] {@Threei}  If holds  .50
01[10:31] {@Threei}  1:1
01[10:31] {@Threei}  forgot to post, lol
06[10:33] * dino slaps Threei around a bit with a large trout
01[10:34] {@Threei}  that'll wake me up
[10:35] {jfjf64} I had entry kiss 73.10 missed totally wife talkin to me. F  k
[10:36] {jfjf64} Kss
[10:41] {dino} lol jf, but i totally get the distraction
[10:41] {dino} summer time trading tough in my house
[10:42] {jfjf64} The one min day we talk cost me
[10:42] {jfjf64} Lol
01[10:45] {@Threei}  reminds me... last summer, dinner in my backyard, friends couple invited. During dessert, conversation weers into kinky matters, wife asks: have you ever paid for sex? Husband, musingly: I still do... dearly
[10:45] {dino} ltm spike
[10:46] {dino} lol
[10:46] {jfjf64} So true 100%
[10:48] {dino} adding wday calls
[10:56] {jfjf64} Wday l .35
[10:57] {jfjf64} Grrr
[11:05] {dino} out true calls from thursday, +1.05 / 40%
[11:07] {dino} ctrx drop
[11:07] {jfjf64} Stt.90 break
[11:12] {dino} ctrx sm l .21
[11:14] {dino} ctrx stop .99 -.22
[11:14] {RonS} ctrx hit rough seas...
[11:16] {dino} how about wday got fired?
01[11:17] {@Threei} Long Setup:  IWM  .10 break
[11:18] {RonS} lol
[11:19] {dino} re-load ctrx .95 sm
01[11:19] {@Threei}  If holds  .05
[11:19] {jfjf64} Out stt -6 cents
01[11:21] {@Threei}  1:1
[11:25] {jfjf64} Hawk old
[11:26] {dino} hawk drop
[11:26] {dino} opps
[11:26] {jfjf64} Lod
[11:26] {jfjf64} I'm on I pad
[11:26] {jfjf64} Typing
[11:26] {jfjf64} Lol
[11:27] {dino} nxst drop, hell of a daily
[11:30] {RonS} unreal ctrx approached my .65 offer and rolled back sob...
[11:31] {RonS} jesus...again
[11:32] {dino} nxst sm l .50
[11:33] {RonS} finally ctrx out .65 +.75 thanks for the idea dino
[11:34] {dino} there you go
[11:34] {dino} gj
[11:35] {jfjf64} Very nice
01[11:37] {@Threei}  wtg
[11:40] {RonS} sad, not funny:  you know its been a long, snowy winter when @Briefingcom is using the term "snowdrift" to describe market moves!
[11:40] {jfjf64} Hawk l .22
01[11:41] {@Threei}  nah, it's still funny
[11:43] {RonS} when you are on the outside... ya bastid  :)
01[11:43] {@Threei}  and enjoying every second of it
01[11:44] {@Threei}  after all, I paid for this right by living in Winnipeg for 10 years :)
01[11:44] {@Threei}  I mean, people were sent to this kind of climes for horrible crimes...
[11:45] {RonS} when i lived near Portland i can remember several 6-7 week periods in Feb-Mar when the sun never came out... even the natives were bitching
01[11:45] {@Threei}  yeah, that's Portland
01[11:46] {@Threei}  but scroll through my Jan and Feb photos of Victoria
01[11:46] {@Threei}  all the sun you want
[11:46] {RonS} so, Victoria weather more like Sequim?
01[11:46] {@Threei}  can't tell, not familiar with Sequim
01[11:47] {@Threei}  wa have about half of Vancouver rains
[11:47] {RonS} wtf, it's just across the Strait... lol
01[11:47] {@Threei}  and a few degrees warmer
01[11:47] {@Threei}  well, it's not that straightforward
01[11:47] {@Threei}  there is a warm current going right through the sound,
[11:48] {RonS} then Straitforward
01[11:48] {@Threei}  which creates a rain curtain of sorts
[11:48] {RonS} rain curtain?
01[11:48] {@Threei}  plus rain shadow from mountains on another side
01[11:48] {@Threei}  think warm air flow in the doorway
01[11:49] {@Threei}  creating a "curtain"
[11:49] {RonS} so, rain blocked then...that is what Sequim has...
01[11:49] {@Threei}  so, mountain on one side, warm air from current on another, and you have a nice microclimate zone for south end of the island
[11:50] {RonS} very nice...
[11:52] {dino} you trying to piss me off with the nice weather talk? was -5 f at 6 am this morning
01[11:52] {@Threei}  all that is enough for palm trees, rhododendrons, and we have cherry trees blooming for about two weeks already
[11:53] {RonS} Denver will break all time Feb snowfall this month...  has not been like Boston though...sheesh
01[11:55] {@Threei}  let's compare rain:
01[11:55] {@Threei}  Thanks to the rain shadow effect of the nearby Olympic Mountains, Victoria is the driest location on the British Columbia coast, with much lower rainfall than other nearby areas. Total annual precipitation is just 608 mm
01[11:55] {@Threei}  Sequim lies within the rain shadow of the Olympic Mountains and receives on average less than 16 inches (410 mm) of rain per year
01[11:55] {@Threei}  we have some more then
[11:55] {RonS} 3i, digested breakfast yet?
01[11:56] {@Threei}  yes, why?
[11:56] {RonS} The Kardashians Just Got the Largest Reality-TV Contract Ever
01[11:56] {@Threei}  oh god...
[11:56] {RonS} :)
[11:56] {RonS} lol
01[11:56] {@Threei}
01[11:56] {@Threei}  rather re.vult
[11:56] {RonS} lol  perfect
06[11:56] * @Threei takes a bow
01[12:14] {@Threei} Long Setup:  FB  .80 break
01[12:15] {@Threei}  change to .70
01[12:15] {@Threei}  If holds  .60
01[12:18] {@Threei}  no go
[12:19] {dino} 07 red
01[12:51] {@Threei}  drops and bounces with no setups or news
[13:10] {dino} ctrx to .05
[13:12] {dino} out ctrx .09, +1.14
[13:15] {RonS} gj
01[13:16] {@Threei}  wtg
01[13:19] {@Threei} Long Setup:  VXX  .50 break
01[13:19] {@Threei}  If holds  .40
01[13:19] {@Threei}  1:1
[13:20] {dino} ty
01[13:20] {@Threei}  yw
[13:20] {dino} out nxst ave .79, +.29
01[13:21] {@Threei}  1:2
01[13:22] {@Threei}  perfect timing, if I may say so myself
01[13:22] {@Threei}  and even if I may not
01[13:38] {@Threei} Long Setup:  VXX  .50 break
01[13:38] {@Threei}  again, same setup
01[13:39] {@Threei} Short Setup: FB  .50 break
01[13:39] {@Threei}  If holds  .60
01[13:49] {@Threei}  1:1  FB
[13:55] {RonS} scanner crawling...
[14:07] {RonS} pvh zippered
01[14:12] {@Threei}  1:2  VXX
[14:13] {dino} gj
01[14:13] {@Threei}  ty
01[14:15] {@Threei}  1:3
[14:15] {RonS} gj
01[14:15] {@Threei}  )
01[14:15] {@Threei}  :
[14:16] {dino} -
01[14:16] {@Threei}  that was one crooked smile, lol
[14:16] {RonS} crude 47.88
01[14:19] {@Threei}  1:4
01[14:19] {@Threei}  out
01[14:21] {@Threei}  too bad FB rinsed second half
01[14:22] {@Threei}  would have been one more 1:3er
[14:40] {Nesi} vad, what does 1.4 1.2 etc ...means
[14:41] {RonS} loss risk 10 cents... 1:1 +.10, 1:2 +.20 etc...
01[14:42] {@Threei}
[14:42] {Nesi} thx
01[14:42] {@Threei}  which I already gave you twice and you promised to read :)
[14:42] {Nesi} :s
01[14:42] {@Threei}  well, that's even more crooked smile than the one I displayed
[14:42] {dino} vad handing out home work
01[14:43] {@Threei}  hehe
01[15:26] {@Threei} Long Setup:  FB  .25 break
01[15:26] {@Threei}  If holds  .15
01[15:28] {@Threei}  to .19
01[15:29] {@Threei}  1:1
01[15:36] {@Threei}  Ok guys, nice day, eneding it here
01[15:36] {@Threei}  thank you, have a greate evening
01[15:36] {@Threei}  see you tomorrow

Wednesday, February 25, 2015

Feb 25 2015

Another strong day, with just one stop and a few nice wins. Perfect catch of a severe market drop with VXX position allowed us to finish trading session early.

Session Time: Wed Feb 25 00:00:00 2015
01[09:10] {@Threei}  Ron, someone at newswire took lessons from you:
01[09:10] {@Threei}  German CDU hardliners want Germany to take a hard line
[09:11] {dino} gm
[09:12] {RonS} gm... wow, hope i am not THAT bad...
01[09:12] {@Threei}  dino :)
01[09:12] {@Threei}  well, they are pros, so they outdid you in a hurry
01[09:15] {@Threei}  Greece Fin Min Varoufakis reiterated that he would cooperate with EU, ECB, IMF troika
01[09:15] {@Threei}  troika reiterated they don't know who Varoufakis is
[09:21] {dino} fwiw, just before close sold those alks calls +.79 / 27%
[09:21] {RonS} gj
01[09:21] {@Threei}  nice
[09:22] {dino} ty
[09:24] {RonS} curious to me that you bought so much time...
[09:26] {dino} i buy time ron, in case they don't work right away. seems i lose money on front months
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -BNFT +38% (earnings)
01[09:27] {@Threei}  -SSH +30% (received FDA approval for C-Pulse heart assist system US trial)
01[09:27] {@Threei}  -WGBS +27% (positive results in study utilizing SmartChip technology)
01[09:27] {@Threei}  -SFXE +21% (CEO Sillerman proposes non-binding transaction at $4.75/shr)
01[09:27] {@Threei}  -RUBI +13% (earnings & positive broker commentary)
01[09:27] {@Threei}  -RJET +11% (earnings)
01[09:27] {@Threei}  -ZAGG +10% (earnings)
01[09:27] {@Threei}  -BSFT +7.7% (earnings)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -SAM -13% (earnings)
01[09:27] {@Threei}  -SLCA -9.5% (earnings)
01[09:27] {@Threei}  -DWA -8% (earnings)
01[09:27] {@Threei}  -LC -7.2% (earnings)
01[09:27] {@Threei}  -HPQ -6.5% (earnings)
01[09:27] {@Threei}  -TJX -5% (earnings)
01[09:27] {@Threei}  -LL -4% (earnings)
01[09:27] {@Threei}  -JAZZ -2.3% (earnings)
01[09:31] {@Threei} Long Setup:  FB  .60 break
01[09:31] {@Threei}  If holds  .50
01[09:32] {@Threei}  1:1
01[09:32] {@Threei}  1:2
01[09:32] {@Threei}  1:3
[09:32] {dino} bnft seems extreme
01[09:36] {@Threei} Short Setup: DAL  .90 break
01[09:36] {@Threei}  oops
01[09:36] {@Threei}  late
01[09:36] {@Threei}  dropped like a stone
[09:38] {dino} adding lc calls
01[09:39] {@Threei} Long Setup:  LUV  .90 break
01[09:40] {@Threei}  1:1
01[09:40] {@Threei}  opening plays are fast...
01[09:41] {@Threei}  1:2
01[09:41] {@Threei}  1:3
01[09:41] {@Threei}  out
[09:42] {dino} ovas drop
01[09:46] {@Threei} Long Setup:  DAL  .80 break
01[09:46] {@Threei}  too fast
01[09:46] {@Threei}  see if pulls back for entry
01[09:47] {@Threei}  same setup, if holds .70
01[09:49] {@Threei}  1:1
[09:50] {dino} iclr spike
[09:53] {dino} ptct pulp
01[09:54] {@Threei} Short Setup: LUV  .90 break
01[09:54] {@Threei}  If holds  45
[09:54] {RonS} ssh into support
01[09:55] {@Threei}  attempt of aggressive shorting for .80 break
[09:55] {dino} added bnft puts
01[09:56] {@Threei}  1:1
[09:57] {dino} lc sm l .01 stop lod
01[10:00] {@Threei}  *(US) JAN NEW HOME SALES: 481K V 470KE
01[10:01] {@Threei}  this takes prize as the most stupid headline of the day so far, beats even those German hardliners:
01[10:01] {@Threei}  (US) Reminder: Fed Chair Yellen testifies before House panel at 10:00 ET (15:00 GMT) - The text of her prepared remarks will be the same as yesterday's text.
01[10:03] {@Threei} Long Setup:  DAL  .90 break
01[10:03] {@Threei}  If holds  80
[10:03] {dino} lol
01[10:06] {@Threei}  48 break should send DAL in stratosphere
01[10:06] {@Threei}  ok, exaggerating for effect... to 48.10
01[10:07] {@Threei}  stop to .84
[10:07] {dino} lc stop -.27
01[10:10] {@Threei}  come on DAL, so close
01[10:10] {@Threei}  break and run
01[10:10] {@Threei}  fly?
01[10:10] {@Threei}  meh
01[10:10] {@Threei}  out
01[10:13] {@Threei} Short Setup: CCL  .80 break
01[10:14] {@Threei}  If holds  .90
01[10:17] {@Threei}  1:1
01[10:18] {@Threei}  dino, you need this... maybe enlarged version though:
[10:19] {Nesi} hi all
01[10:20] {@Threei}  hey nes
01[10:24] {@Threei} Short Setup: LUV  .72 break
01[10:24] {@Threei}  If holds  .80
01[10:26] {@Threei}  1:1
01[10:30] {@Threei}  *(US) DOE CRUDE: +8.4M V +4.5ME
01[10:30] {@Threei}  all the oil you want
[10:36] {dino} lc maybe wants gap 19.30
[10:41] {dino} ll daily, wow
[10:42] {RonS} ll missed by 15%
[10:42] {dino} jazz spike
[10:43] {RonS} will have trouble finding a floor....  :)
[10:45] {RonS} ll gone pulp  :)
01[10:47] {@Threei} Long Setup:  MCD  .50 break
01[10:47] {@Threei}  If holds  .40
[10:47] {RonS} my, how i miss nemo's groans...
01[10:48] {@Threei}  I'll tell him
01[10:50] {@Threei}  Angus Reid poll reveals 75% of adults say they were bullied at school
01[10:50] {@Threei}  wow... really?
01[10:50] {@Threei}  25% were bullying the rest?
[10:53] {dino} bullies get bullied too
01[10:53] {@Threei}  hmmm
01[10:53] {@Threei}  1:1
01[10:54] {@Threei}  so it's just a circle of life?
[10:54] {RonS} had a bully in 6th grade...big, mojave indian kid...terrorized most everybody until he came after me and i popped him in the nose...left me alone but it wasn't until 7th grade and they taught boxing in pe and bully became no more
01[10:55] {@Threei}  never got bullied... there were fights of course, but no bullying in usual sense of the word
01[10:56] {@Threei}  1:2
[11:02] {cosmo} bullies get bullied in their next life
01[11:03] {@Threei}  not good enough
[11:03] {cosmo} I know
01[11:04] {@Threei}  I like my revenge like my sex - right when I want it
[11:05] {RonS} ll lod
[11:05] {cosmo} you can't always get what you need. But if you try, sometimes you'll find you get what you want...
[11:07] {RonS} imo bullies got or are getting bullied at home...
[11:08] {dino} ll is rough
[11:09] {RonS} needs to be re-finished?
01[11:09] {@Threei}  1:3
01[11:09] {@Threei}  out
[11:09] {dino} hd kicking their ass
[11:10] {cosmo} yea, I got pantsed at 11 by bullies
[11:13] {cosmo} .. it took more than one btw
[11:27] {RonS} caught LL for sm l 53.45 ave to 55.69  +2.24
01[11:27] {@Threei}  wow
[11:28] {RonS} gonna do more but i had to change my diaper
06[11:32] * @Threei nails ron new box of depends
[11:33] {RonS} nutz, hit optimal target of 56.85...really need to learn to hold...
[11:37] {RonS} 3i, there is a wild pic of baby owl on twitter @interior.... if choose to see just be aware the bastards "followed" me after i followed them... it's the US dep of interior
[11:37] {dino} gj ron
[11:37] {RonS} ty
01[11:38] {@Threei}  wow ron
01[11:38] {@Threei}  good one
01[11:38] {@Threei}  funny turn of the head
[11:49] {RonS} lol...LL only has 27 mil sh outstanding...already traded 10... or maybe 2 mil for 5 round trips?
01[11:50] {@Threei}  or 5 mi for 2?
[11:51] {RonS} ...let the combo's begin...  lol
[11:57] {dino} lc sm l .80
01[11:57] {@Threei}  Both the DJIA and the S&P500 closed at fresh all-time highs yesterday and this morning the indices are hovering around the same levels. Fed Chair Yellen largely reiterated her comments from yesterday and has strongly defended the Fed's need for independence in policy making
01[11:58] {@Threei}  Press reports suggest that while European figures have provisionally accepted Greece's concessions, they're not very satisfied with Athens's very vague commitments. The FT reported that the IMF and the ECB questioned how much the commitments adhere to Greek's former promises. Note that Germany's Bundestag has to approve the bailout extension before its expiration on Saturday, and this skepticism may influence them.
01[11:59] {@Threei}  Meanwhile a new front in Europe's fiscal woes is coming to the fore now that Greece has kicked the can forward a few months. France is looking to delay its target for bringing the budget deficit below 3% of GDP by three years until 2018, and the EU Commission is only giving it until 2017, and is calling for more structural deficit reductions.
01[11:59] {@Threei}  lol
01[11:59] {@Threei}  this EU is just one disaster after another
[12:00] {dino} spain & italy next
01[12:15] {@Threei} Short Setup: MCD  .30 break
01[12:15] {@Threei}  If holds  .35
01[12:16] {@Threei}  Invalidated
01[12:33] {@Threei} Long Setup:  FB  .40 break
01[12:33] {@Threei}  If holds  .35
01[12:35] {@Threei}  half out
01[12:35] {@Threei}  stop to .39
[12:40] {dino} pcyc spike
[12:41] {dino} halt
01[12:41] {@Threei}  PCYC Reportedly considering a sale
[12:52] {RonS} rcpt spike
[12:53] {dino} out lc .25, +.45
[12:53] {RonS} gj
[12:53] {dino} ty
[12:53] {RonS} toughie
[12:55] {dino} yeah
01[13:02] {@Threei}  (GR) Greece Fin Min Varoufakis: Greece needs ECB help to avert a cash crunch in March
01[13:02] {@Threei}  reality sets in, eh?
01[13:02] {@Threei}  either you default and get out, or play by their rules
01[13:03] {@Threei}  trying to stay in but dictate your rules - won't work
[13:03] {RonS} juno spinning higher
[13:04] {RonS} jazz upbeat
01[13:04] {@Threei}  FBV worked nicely for a lunchtime scalp
[13:04] {RonS} mdvn levitation
01[13:04] {@Threei}  FB
01[13:04] {@Threei}  dino... Winnipeg is -40
01[13:05] {@Threei}  does it help?
01[13:11] {@Threei} Short Setup: MCD  .80 break
01[13:11] {@Threei}  If holds  .90
01[13:19] {@Threei}  no go
01[13:19] {@Threei}  first stop today
01[13:25] {@Threei}  my fault actually... missed good short setup at .90, and tried to play second one
01[13:25] {@Threei}  but lunchtime is not the right time for such follow through
01[13:31] {@Threei} Long Setup:  IWM  .95 break
01[13:31] {@Threei}  If holds  .85
01[13:39] {@Threei}  stop to .89
01[13:39] {@Threei}  half out
01[14:06] {@Threei}  [BBRY] Signs agreement with Google to Enhance Mobile Security and User Experience
01[14:06] {@Threei}  really?
01[14:06] {@Threei}  Google wants BBRY users experience?
01[14:09] {@Threei}  [LUV] Reportedly finishes inspections on 80 planes and intends to finish all inspections before the FAA deadline
[14:15] {dino} cenx sm l .32
01[14:15] {@Threei} Long Setup:  VXX  27 break
01[14:15] {@Threei}  If holds  .90
01[14:22] {@Threei}  1:1
01[14:26] {@Threei}  1:2
01[14:27] {@Threei}  nice catch Threei
01[14:27] {@Threei}  why thank you Threei
[14:27] {RonS} sheesh, can't even wait for 3:1...
01[14:28] {@Threei}  really... sorry
01[14:28] {@Threei}  withdrawing that
01[14:32] {@Threei}  1:3
[14:33] {RonS} good one, thanks 3i
06[14:33] * @Threei looks at Ron questioningly
01[14:33] {@Threei}  hehe
01[14:33] {@Threei}  yw
01[14:33] {@Threei}  almost 1:4
01[14:33] {@Threei}  out in full
01[14:39] {@Threei}  what the deuce?
01[14:39] {@Threei}  no news
01[14:55] {@Threei}  jeez...
01[14:55] {@Threei}  from my island, lol
[15:01] {RonS} snowing here...gonna hit the gym before the roads get day of the year for me...thanks everyone, see y'all tomorrow
01[15:03] {@Threei}  gj ron
[15:04] {dino} gj ron
[15:05] {dino} gotta hop early here, not really my day, oh well, feb has been very good month
01[15:06] {@Threei}  take care dino
[15:07] {dino} u2, thx
01[15:16] {@Threei}  skipping too, have a good evening, see you tomorrow
[15:16] {cosmo} yeah, I better get out and get some sun...

Tuesday, February 24, 2015

Feb 24 2015

Fairly decent day, started and ended with 1:3ers, plus some in the middle. 

Session Time: Tue Feb 24 00:00:00 2015
[08:56] {dino} gm
01[08:56] {@Threei}  dino :)
[09:00] {dino} get this 3i, another record, -18 degrees f at 6:00 am here
[09:00] {dino} no end in sight until Sunday
01[09:00] {@Threei}  this is not even funny
[09:00] {dino} -11 right now
01[09:00] {@Threei}  where is al gore, to put his face in the snow and ask "what's that bad gore"
[09:02] {dino} 6 weeks of sub-zero temps
[09:24] {RonS} gm
01[09:24] {@Threei}  ron :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -EYES +18% (receives approval for first commercial implants of the Argus II Retinal Prosthesis system in France)
01[09:27] {@Threei}  -SPWR +17% (yiledco announcement/earnings)
01[09:27] {@Threei}  -CHGG +16% (earnings/extension of digital textbook agreement)
01[09:27] {@Threei}  -CAPN +16% (hearing recent strength attributed to financial blog article)
01[09:27] {@Threei}  -FSLR +15% (First Solar and SunPower plan to partner to form joint YieldCo vehicle; could subsequently launch it as an IPO)
01[09:27] {@Threei}  -CBRL +4.3% (earnings)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -ROSE -17% (earnings)
01[09:27] {@Threei}  -TEP -5.2% (prices 10M unit offering at $50.82/unit)
01[09:27] {@Threei}  -WIN -5.0% (earnings)
01[09:27] {@Threei}  -HCN -3.0% (secondary)
01[09:27] {@Threei}  -PLL -2.8% (earnings)
01[09:32] {@Threei}  look at FCX which I wanted to buy right on the close :)
01[09:33] {@Threei} Short Setup: FB  .45 break
01[09:33] {@Threei}  If holds  .55
01[09:33] {@Threei}  1:1
01[09:33] {@Threei}  1:2
01[09:35] {@Threei}  1:3
01[09:35] {@Threei}  out
01[09:35] {@Threei}  nice and easy
[09:35] {Nesi} good morning
01[09:35] {@Threei}  nesi :)
01[09:36] {@Threei} Long Setup:  FB  .20 break
01[09:36] {@Threei}  too fast
01[09:36] {@Threei}  grrr
01[09:39] {@Threei} Short Setup: JPM  .40 break
01[09:39] {@Threei}  If holds  .50
01[09:42] {@Threei}  no go
01[09:43] {@Threei}  rinse
01[09:45] {@Threei}  *(US) FEB PRELIMINARY MARKIT SERVICES PMI: 57 V 54.5E
01[09:48] {@Threei} Short Setup: FB  .40 break
01[09:48] {@Threei}  If holds  50
01[09:48] {@Threei}  1:1
[09:53] {dino} thc pop
01[09:55] {@Threei} Short Setup: TWTR  .90 break
01[09:56] {@Threei}  If holds  49
01[10:00] {@Threei}  *(US) FEB CONSUMER CONFIDENCE INDEX: 96.4 V 99.5E
01[10:00] {@Threei}  1:1
01[10:00] {@Threei}  (US) Fed Chair Yellen: Patient stance means the Fed will not raise rates for at least the next few meetings - monetary report to Congress
01[10:01] {@Threei}  1:2
[10:01] {dino} alks sm l .36
[10:01] {dino} oulp
[10:01] {dino} pulp
[10:14] {dino} .
[10:14] {dino} hls spike
01[10:16] {@Threei} Long Setup:  FB  .90 break
01[10:16] {@Threei}  If holds  .80
01[10:19] {@Threei}  Invalidated
[10:21] {dino} adding alks calls
01[10:24] {@Threei}  got away
[10:25] {RonS} alks150320c70's  ?
[10:26] {RonS} ...after yesterday...seemed appropriate...
01[10:27] {@Threei}  lol
01[10:27] {@Threei}  AlKsPGPoP
[10:27] {RonS} lol
[10:27] {dino} took some may 75s
01[10:43] {@Threei}  (US) Fed Chair Yellen: Not supportive of chaining the FOMC decision making practices to any specific rule whatsoever - congressional Q&A - lack of wage growth shows there is more to do in the labor market
01[10:44] {@Threei}  sure... raise minimum wage to CEO salary
01[10:45] {@Threei} Long Setup:  MCD  .05 break
01[10:45] {@Threei}  If holds  .95
01[10:57] {@Threei}  Residents in Russia's Kaliningrad exclave have burnt an effigy of U.S. President Barack Obama to mark the spring holiday of Maslenitsa
01[10:58] {@Threei}  nice job on that reset button
01[11:01] {@Threei}  half out
01[11:03] {@Threei}  1:2
[11:10] {RonS} lol...Janet Yellen being interrogated by professional fundraisers.
01[11:10] {@Threei}  lol
01[11:11] {@Threei}  hmmm... it seem the way to arm Ukraine is found:
01[11:11] {@Threei}  ABU DHABI - Ukrainian President Petro Poroshenko met high-ranking United Arab Emirates government officials on Feb. 24 to secure the purchase of weapons at an arms expo.
[11:12] {RonS} they make weapons?
[11:13] {cosmo} Could that expo be an airshow?
01[11:13] {@Threei}  nope
01[11:13] {@Threei}  they buy weapons
01[11:18] {@Threei}  which is why this is simply a way to arm Ukraine without direct supplies
[11:20] {dino} we should arm them
01[11:22] {@Threei}  couple concerns about that
[11:22] {dino} yes, but not arming them is giving the country nto russia
01[11:22] {@Threei}  one, this is rapid escalation of a conflict, and Russia has means to increase their arsenal much faster than external supplies would arrive
01[11:23] {@Threei}  so that could in fact be detrimental to Ukraine
01[11:23] {@Threei}  not even speaking of training necessary to use modern weapons
01[11:23] {@Threei}  there is just no time for that
01[11:24] {@Threei}  another, and quite serious is: state of army, corruption at all levels and russian spies everywhere create real danger of weapons falling in wrong hands
01[11:25] {@Threei}  US might quickly find out that russians have them
01[11:25] {@Threei}  difficult situation...
[11:27] {dino} sure, but doing nothing condenms them to russia
01[11:27] {@Threei}  true
01[11:28] {@Threei}  IMO, sanctions must be ramped up, to halt the economy
01[11:28] {@Threei}  turn SWIFT off
01[11:29] {@Threei}  that'll hurt for real
01[11:29] {@Threei} Long Setup:  VXX  .40 break
01[11:29] {@Threei}  If holds  .30
01[11:31] {@Threei}  Invalidated
01[11:42] {@Threei}  should have changed to .30
01[12:03] {@Threei} Short Setup: MCD  95 break
01[12:03] {@Threei}  If holds  .10
01[12:03] {@Threei}  missed nice morning, renfrew...
01[12:07] {@Threei}  Invalidated
01[12:17] {@Threei} Long Setup:  VXX  .40 break
01[12:17] {@Threei}  If holds  .30
01[12:31] {@Threei}  (CH) Switzerland competition authority reportedly begins investigation into precious metals pricing
01[12:32] {@Threei}  sharp drop SPY
01[12:32] {@Threei}  no news yet'
01[12:38] {@Threei}  out balance VXX on a trail
01[12:43] {@Threei}  you east coast sufferers, suffer some more:
[12:45] {RonS} ya, 40 and sunny here but 2 snowstorms between tomorrow and Sunday and sub 40 for 10 warming sure is grand
01[12:45] {@Threei}  lol
01[12:45] {@Threei}  [09:00] {@Threei} where is al gore, to put his face in the snow and ask "what's that bad gore"
01[12:45] {@Threei}  Comments by Fed Chair Yellen have lifted markets this morning, although there is as yet little new material in her prepared remarks or the Q&A session.
[12:46] {RonS} ...there is a Gore mountain range just north of Vail...
01[12:47] {@Threei}  In her prepared remarks, Yellen largely reiterated prior points, including that changes to the forward guidance/patience language would precede hikes but would not necessarily indicate imminent tightening. The Big Questions including employment and inflation. On the former, Yellen accentuated sluggish wage growth and participation, saying the labor market is not yet fully healed. On the latter, Yellen blunted stated that there is no evidence that inflation will move above 2% right now
[12:47] {RonS} "except for taxes, insurance, food, and entertainment"
01[13:04] {@Threei} Long Setup:  IWM  .35 break
01[13:04] {@Threei}  .c .25
01[13:04] {@Threei}  If holds  .25
01[13:21] {@Threei}  no go
01[13:36] {@Threei}  rinse
01[13:37] {@Threei}  disgusting bheavior
[13:38] {RonS} speaking of:  White House: Obama will veto Keystone bill today 'without any drama or fanfare or delay'
01[13:39] {@Threei}  lol
[14:00] {dino} cgi spike
[14:00] {dino} alr spike
01[14:00] {@Threei}  Gulf nation OPEC delegate indicates that Brent price around $60/bbl is ok; oil price has stabilized - press - demand in oil is showing signs of improvement in Asia- would be unlikely that an extraordinary meeting would be called if oil prices stabilize
01[14:01] {@Threei}  ECB's Coene: theoretically possible for a country to leave the Euro Zone
01[14:01] {@Threei}  I dunno... this is Hotel california...
01[14:01] {@Threei}  you have to destroy whole thing, if you want to leave it
[14:04] {dino} out alks .40, +1.05
[14:05] {RonS} gj
01[14:05] {@Threei}  wtg
[14:05] {dino} ty, it kept hitting 69.40s then dropping, wanted 70, but got tired of pullbacks
01[14:17] {@Threei} Long Setup:  IWM  .25 break
01[14:17] {@Threei}  If holds  .20
01[14:17] {@Threei}  ridiculously tight stop
01[14:19] {@Threei}  Invalidated
01[14:29] {@Threei}  again, same setup
01[14:29] {@Threei}  double bottom
01[14:29] {@Threei}  stop would be under .17
[14:36] {dino} gotta hop early, take care all
01[14:36] {@Threei}  take care dino
[14:37] {RonS} cya dino
[14:39] {dino} ty
01[14:40] {@Threei}  1:1
01[14:57] {@Threei}  1:2
[15:08] {RonS} good one...thanks 3i
01[15:08] {@Threei}  :)
01[15:10] {@Threei}  1:3
01[15:10] {@Threei}  largish eod of day plays come regularly and oredictable
[15:33] {RonS} dino needs this?
[15:33] {RonS} problem is, it's so freakin cold would have to be covered up...
01[15:35] {@Threei}  lol
01[15:36] {@Threei}  do you know who the dude on the t-shirt is?
[15:36] {RonS} no idea...
01[15:36] {@Threei}  character from game of thrones, last name is snow
[15:36] {RonS} lol
[15:36] {RonS} that is funny...
01[15:36] {@Threei}  multilevel joke :)
01[15:38] {@Threei}  if VXX dives under .90, might be last play of the day
[15:38] {RonS} awright, pulling the ripcord here...gotta shovel the north side while warm...see all tomorrow
01[15:39] {@Threei}  ok :)
01[15:41] {@Threei}  sharp move, tought to read
01[15:42] {@Threei}  ok, calling it a day. Thank you, have a great evening
01[15:42] {@Threei}  see you tomorrow

Monday, February 23, 2015

Feb 23 2015

Day started with some back and forth, scalps and stops, but quickly got firmly on a positive side with a few strong wins, ranging from 1:2 to 1:4

Session Time: Mon Feb 23 00:00:00 2015
[08:54] {Nesi} morning vad
01[08:55] {@Threei}  nesi :)
[09:01] {Nesi} hi cosmo
[09:05] {Nesi} dino, morning
[09:05] {dino} gm, well we broke a 36 year old record for cold friday night. also the month of february is 9.5 degrees below the average temp this year.
[09:06] {Nesi} wow
01[09:06] {@Threei}  dino :)
01[09:06] {@Threei}  ouch
[09:06] {dino} yeah, its f'ing cold up here
01[09:06] {@Threei}  I almost feel guilty for our winter that wasn't
[09:06] {dino} zero f when i woke at 6, now 10 f
[09:06] {Nesi} 75 here
[09:07] {dino} ugh
[09:10] {cosmo} Nesi:)
[09:11] {cosmo} we desperately need more CO2 in this world
[09:11] {cosmo} the models must be wrong
01[09:27] {@Threei}  Goldman Sachs Cuts Commercial Aerospace Sector View to Neutral from Attractive
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -RIGL +44% (signed R&D collaboration agreement with BMY for TGF Beta Receptor Kinase inhibitors)
01[09:28] {@Threei}  -BIOC +25% (study highlights value of the company's blood-based diagnostic)
01[09:28] {@Threei}  -PPO +13% (received offer of $60.50/shr from Japan's Asashi Kasei)
01[09:28] {@Threei}  -BDLP +13% (inks automotive and non-automotive tech solutions contracts)
01[09:28] {@Threei}  -CLDX +11% (received FDA breakthrough therapy designation for treatment of adult patients with EGFRvIII-positive glioblastomas)
01[09:28] {@Threei}  -GSM +11% (announced $3.1B stock merger agreement with Grupo FerroAtlantica)
01[09:28] {@Threei}  -VRX +10% (earnings)
01[09:28] {@Threei}  -HLSS +8% (New Residential acquiring HLSS for $18.25/shr)
01[09:28] {@Threei}  -TSEM +7.5% (earnings)
01[09:28] {@Threei}  -CSC +6% (reportedly holding talks to sell itself in a two-part deal)
01[09:28] {@Threei}  -AWI +5.3% (separating into 2 public companies)
01[09:28] {@Threei}  -ADMA +5% (presented positive data from Phase 3 trial of RI-002)
01[09:28] {@Threei}  -AER +4% (earnings)
01[09:28] {@Threei}  -NSM +4% (momentum from OCN news)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -SPPI -24% (momentum from NV court ruling that Fusilev patent is invalid; negative broker commentary)
01[09:28] {@Threei}  -AXL -2.2% (earnings)
01[09:29] {@Threei}  not much on downside, eh
01[09:30] {@Threei} Long Setup:  FB  80 break
01[09:30] {@Threei}  If holds  .90
01[09:31] {@Threei}  Invalidated
01[09:33] {@Threei} Long Setup:  FCX  .85 break
01[09:33] {@Threei}  If holds  .80
01[09:34] {@Threei}  change to .80 break
01[09:34] {@Threei}  If holds  .75
01[09:35] {@Threei}  valid still
01[09:36] {@Threei}  stop .71
01[09:38] {@Threei}  to .74
01[09:38] {@Threei}  1:1
01[09:40] {@Threei} Long Setup:  FB  .95 break
01[09:40] {@Threei}  If holds  .85
01[09:41] {@Threei}  ugh sorry
01[09:41] {@Threei}  wriong symbol
01[09:41] {@Threei}  never mind
01[09:45] {@Threei} Long Setup:  FB  .70 break
01[09:45] {@Threei}  If holds  .60
01[09:46] {@Threei}  1:1
[09:50] {jfjf64} Mornin
[09:50] {jfjf64} Vrx s here
[09:51] {jfjf64} Not yet
01[09:51] {@Threei}  hey jf
[09:51] {jfjf64} Hey hey
01[09:51] {@Threei} Long Setup:  IWM  .40 break
01[09:51] {@Threei}  If holds  .35
01[09:52] {@Threei}  1:1
01[09:53] {@Threei}  second half of FB got rinsed
01[09:58] {@Threei}  FCX, watching for pullback entry
01[10:00] {@Threei} Long Setup:  DAL  .65 break
01[10:00] {@Threei}  If holds  .60
01[10:00] {@Threei}  *(US) JAN EXISTING HOME SALES: 4.82M V 4.95ME
01[10:01] {@Threei}  meh
01[10:03] {@Threei} Long Setup:  TWTR  .85 break
01[10:03] {@Threei}  If holds  .75
01[10:04] {@Threei}  Invalidated
01[10:04] {@Threei}  change to .80 break
01[10:04] {@Threei}  If holds  .70
01[10:07] {@Threei}  no go
[10:08] {jfjf64} Lookin pulls
[10:09] {jfjf64} Bk unh
01[10:09] {@Threei}  back and forth so far
01[10:09] {@Threei}  3 scalps, 2 stops, lol
01[10:10] {@Threei} Long Setup:  CAT  .60 break
01[10:10] {@Threei}  If holds  .50
[10:10] {jfjf64} .
01[10:12] {@Threei}  pioneer, see private message
01[10:13] {@Threei}  Invalidated
01[10:15] {@Threei}  (US) Preview: Feb Dallas Fed Manufacturing Activity expected at 10:30 ET (15:30 GMT) - Consensus expectations: -4.0e v -4.4 prior
01[10:16] {@Threei}  - Broad-based USD buying seen in session ahead of Feb Yellen bi-annual testimony (Tues and Wed). The greenback gains against all major and commodity-related currency pairs.
01[10:17] {@Threei} Long Setup:  GLD  .80 break
01[10:17] {@Threei}  If holds  .70
01[10:19] {@Threei}  pioneer_trading, see private message please
01[10:20] {@Threei}  1:1
01[10:21] {@Threei}  shrug... you can't say I didn't try
[10:21] {jfjf64} Fb .45 break
01[10:23] {@Threei}  1:2
[10:25] {jfjf64} No go fb here
01[10:30] {@Threei}  1:3
01[10:30] {@Threei}  finally something decent
[10:30] {jfjf64} Nice
01[10:33] {@Threei}  1:4
01[10:33] {@Threei}  out in full
01[10:34] {@Threei}  *(US) FEB DALLAS FED MANUFACTURING ACTIVITY: -11.2 V -4.0E
[10:40] {dino} GDPpD hl l .45
[10:41] {RonS} chemical formula?
[10:41] {jfjf64} Lol
01[10:41] {@Threei}  lol
[10:49] {jfjf64} AAPL s.15
[10:51] {jfjf64} Now die
01[10:56] {@Threei} Long Setup:  FB  .15 break
01[10:56] {@Threei}  If holds  .05
01[10:58] {@Threei}  Invalidated
[11:00] {dino} stop pdppd
01[11:00] {@Threei} Long Setup:  IWM  .60 break
01[11:00] {@Threei}  If holds  .50
01[11:01] {@Threei}  1:1
[11:01] {RonS} noone could type it to buy it...pdppd
01[11:01] {@Threei}  lol
[11:10] {dino} pdppd sm l .75
[11:12] {RonS} can't even pull it up here...
01[11:12] {@Threei}  neither can I
[11:13] {dino} sorry its GDPpD
01[11:13] {@Threei}  I just applaud dino and hope he is not pulling our leg by typing random made-up symbols
[11:13] {Nesi} :)
06[11:14] * @Threei kicks IWM in the rear
01[11:14] {@Threei}  nesi, look pm
[11:14] {RonS} can't find that one either...
01[11:14] {@Threei}  told ya ron... he is having fun
[11:14] {dino} try gdpPd
[11:15] {dino} goodrich pete preferred
[11:15] {dino} dropped 2.63
01[11:15] {@Threei}  1:3
01[11:16] {@Threei}  I get GDP for actual shares
01[11:16] {@Threei}  but not preferred
01[11:16] {@Threei}  1:2
01[11:16] {@Threei}  sorry
[11:16] {dino} i have the preferrds, my system lists it
01[11:16] {@Threei}  1:3
01[11:20] {@Threei}  1"4
01[11:20] {@Threei}  out
[11:22] {dino} gj
01[11:22] {@Threei}  ty
01[11:34] {@Threei}  (GR) Eurogroup's Dijsselbloem: optimistic that the Greek reform letter and measures to come today will be strong enough
01[11:42] {@Threei} Long Setup:  FCX  .70 break
01[11:42] {@Threei}  If holds  .60
[11:44] {Nesi} you killing it today vad
01[11:44] {@Threei}  friday was better
[11:45] {Nesi} so there are no more news plays anymore ,vad?
01[11:45] {@Threei}  not in a sense "just buy on news"
01[11:45] {@Threei}  news triggers activity, then we look for a setup
[11:46] {Nesi} no more fast triggers
01[11:46] {@Threei}  but that stupid "oh look, good news on XYZ, let's buy it" - that's stone age
[11:46] {Nesi} so much has changed
01[11:47] {@Threei}  what fast triggers... fast triggers today are computer programs that put and cacel quotes in milliseconds
01[11:47] {@Threei}  good luck outrunning that
01[11:47] {@Threei}  and why, to scalp 1/10th of a cent?
[11:47] {Nesi} i see
01[11:47] {@Threei}  nothing changed in good old-fashioned trading
01[11:48] {@Threei}  there are setups that work
01[11:48] {@Threei}  just as they did 10, 15 and 100 years ago
[11:48] {RonS} that HFT co coming public listed in their red herring they have only had 1 losing day in 1273...or thereabouts
01[11:48] {@Threei}  fools that tried to cowboy 1998 are extinct
01[11:49] {@Threei}  a few of them took troubles to learn what actual trading is
01[11:49] {@Threei}  and still are around
01[11:49] {@Threei}  your faithful is one of them
01[11:50] {@Threei}  all those heroes of cowboy days, no one remembers their names anymore
01[11:50] {@Threei}  cheetah...
01[11:50] {@Threei}  who else
01[11:50] {@Threei}  majic
[11:50] {Nesi} most of them
[11:51] {dino} tgalking about me i see, miss those late 90s trading deays
[11:51] {Nesi} old reading tape should work
[11:53] {Nesi} It means you have an Internet issue Try to restart the computer or the router
[12:00] {Nesi} test
01[12:02] {@Threei}  passed
01[12:06] {@Threei} Long Setup:  VXX  .10 break
01[12:06] {@Threei}  If holds  29
01[12:13] {@Threei}  scratching FCX
01[12:20] {@Threei}  let's go VXX
01[12:21] {@Threei}  SPY wss consolidating for this breakdown for a good while
01[12:21] {@Threei}  finally broke support
01[12:44] {@Threei}  1:1
01[12:57] {@Threei}  FCX scratch was a good idea
01[13:05] {@Threei}  difficult to tell whether SPY reverses here or drops more
01[13:06] {@Threei}  VXX stop for the second half is still at b/e, but trail to .14 after .25 break
01[13:14] {@Threei}  GR) Greece govt official notes the measures will be provided to Eurogroup on Tuesday morning, confirms proposals will include reforms on tax evasion, corruption - Reforms to include cuts to bureaucracy and reform to public sector**Note: The deadline for submitting the reform proposals was supposed to be Monday at midnight in Europe
01[13:15] {@Threei}  poor Nesi... can't make new trading software work
01[13:15] {@Threei}  connection error no one ever seen before, lol
01[13:31] {@Threei}  just a scalp VXX
[13:32] {RonS} crude $1 spike in seconds
01[13:32] {@Threei}  OPEC could call for an extraordinary meeting to discuss oil price decline - financial press - Cites Nigeria oil Minister that indicates that members of OPEC did discuss the potential to hold an emergency meeting if crude price continues to decline
[13:36] {dino} .
[13:37] {RonS} never ceases to amaze me...snow melts here with light cloud cover and temp 16 F
01[13:41] {@Threei}  you know dino hates you right now, right?
01[13:42] {@Threei}  then again, he hates all of us but Raven
[13:42] {dino} lol
01[13:42] {@Threei}  he is almost equal opportunity hater
01[13:43] {@Threei}  and looking at their winter, who could blame him
[13:43] {dino} supposed to be negative temps at night the remainder of this week
01[13:44] {@Threei}  I see west cpast in your future, dino
01[13:44] {@Threei}  coast
01[13:44] {@Threei}  at some point you will get tired of that white crap
[13:45] {dino} getting there, but will not move until my daughter is out of high school
01[13:48] {@Threei}  how long yet?
[13:54] {dino} 3 years
01[13:55] {@Threei}  ouch
[13:56] {dino} actually 10 years, wife retires then, so stuck until then. oh well, i'll live
[14:03] {RonS} tts rockin
01[14:07] {@Threei}  OIL is back down
01[14:07] {@Threei}  full roundtrip
01[14:38] {@Threei}  Unnamed OPEC delegate says the cartel has no current plans to hold an emergency meeting - financial press - The source says there have been no material discussions about an extraordinary meeting ahead of the June 6 regular meeting.
01[14:38] {@Threei}  lol
[14:44] {RonS} vdsi drubbed
01[14:58] {@Threei} Long Setup:  VXX  .25 break
01[14:59] {@Threei}  last hour should show some selling... not sure it's time for entry yet byt looks right
01[14:59] {@Threei}  If holds  .15
[15:03] {dino} added true calls
01[15:04] {@Threei}  as opposite to false calls?
01[15:04] {@Threei}  1:1
[15:05] {dino} lol
01[15:05] {@Threei}  nailed market breakdown
01[15:06] {@Threei}  1:2
01[15:06] {@Threei}  jf misses all the fun again
01[15:10] {@Threei}  day low is near on SPY
01[15:10] {@Threei}  will try to ride it
[15:11] {dino} nice read
01[15:11] {@Threei}  ty
01[15:22] {@Threei}  (US) Fed's Williams (dove, FOMC voter): FOMC members should have a "serious discussion" over potential rate hike in June - Nikkei interview - Says: "I wouldn't want to eliminate the possibility of a rate hike in June." - Improvement in US labor market has been "remarkable".
[15:23] {RonS} douch...anything but remarkable...
[15:23] {RonS} +e
01[15:25] {@Threei}  how would he know from his ivory tower
[15:25] {RonS} he can see the labor force participation rate...
[15:26] {RonS} ...and part time v full time...
[15:30] {RonS} cybr rip cord time...
01[15:55] {@Threei} Long Setup:  FCX  .60 break
01[15:55] {@Threei}  nah
01[15:55] {@Threei}  no time
01[15:55] {@Threei}  ok guys, decent day
[15:55] {dino} out gdppd .15, +.40
01[15:55] {@Threei}  thank you, have a good evening
01[15:55] {@Threei}  see you tomorrow
[15:57] {dino} gn all

Friday, February 20, 2015

Market Week Wrap-up Weekly Market Update: Fed Stays Patient While Greece Talks Come to a Head
Fri, 20 Feb 2015 18:45 PM EST

The Greek saga dominated headlines this week, as negotiation continued even as Athens appeared to be closer and closer to running out of cash. European and Greek negotiators held tense meetings all week, and by Friday managed to agree to a tentative deal for a 4-month extension of the bailout program. Meanwhile, the ceasefire in Ukraine quickly unraveled as Russian forces took the key rail junction of Debaltseve and continued shelling the southern port city of Mariupol. Japan officially climbed out of its latest recession, although the +2.2% annualized expansion in December was weaker than expected. After some more tepid housing data, China closed up shop for the New Year holiday. The US 10-year yield gained 50 basis points in the first half of February, closing on Feb 17th at 2.14%. FOMC minutes that showed some members were concerned about removing "patient" from the statement and jitters about Greece caused some volatility in fixed income and currency markets in the latter half of the week. For the week, the Nasdaq rose 1.3%, while the Dow and S&P closed at fresh record highs, with the DJIA up 0.7%, the S&P500 adding 0.6%.

Negotiations early in the week were inconclusive, and Finance Minister Varoufakis pleaded in an op-ed that Greece was just looking for a few months of stability to allow the country to embark upon reform the population could support. The banking system looked weaker and weaker, with up to €1.0 billion in outflows in the second half of the week alone, raising talk about the possibility of capital controls. On Wednesday, the ECB extended only another €3.3 billion in ELA funding, well short of the €10 billion expansion that Athens had requested. Greece caved in to most European demands in the proposal made on Thursday, as it recognized that the existing bailout agreement was binding and asked for fewer concessions. On Friday, the Eurogroup meeting of financial ministers emerged with a tentative deal for a 4-month extension of the bailout program that would keep Greek banks capitalized. Under the agreement, by Monday the Greek government must produce a list of reform measures it plans to carry out during the extension, which will be reviewed by the Eurogroup on Tuesday to decide if the measures pass muster.

Markets dissected the January FOMC minutes for any scrap of insight into the Fed's intentions when it comes to potential 2015 rate hikes. The minutes showed that some Fed officials were worried that higher rates might generate credibility problems with a market that believes the FOMC will stay easy until inflation reaches target. JP Morgan said the minutes show a Fed in no rush to tighten policy, with only some members saying rates have been at zero for long enough. BMO saw a fair number of members wanting more reassurance about the economy before normalization, skewing the odds of a hike toward September or even later. Goldman saw no clear indication that most parties thought "patient" language should be removed. Late in the week, Fed hawks cautioned the markets that the committee views expressed in the minutes may have shifted since the very positive employment report released in early February.

There was softness in the homebuilders on some downbeat winter numbers. The February NAHB index of homebuilder confidence slipped lower for a second month in a row. The single-family home sales component fell for the first time since last October. January housing starts and building permits narrowly missed expectations. The January PPI prices report was softer than expected, with all components undershooting expectations. Core PPI contracted and the alternative core measure that includes trade fell by 0.3%, the first negative monthly reading in the brief 17-month history of the series.

Crude prices were contained within the range seen last week, with WTI ranging from $54 to $49 and Brent ranging from $63 to $58. There were spectacular headlines regarding a crude train derailment and explosion in West Virginia and a major accident at Exxon's Torrance, CA refinery. Meanwhile the underlying inventory data continues to show stocks growing at a breakneck pace. The API inventories data racked up its sixth consecutive increase, with the huge 14.3 million barrel build, the largest seen in years. The 7.7 million barrel build seen in the EIA data was less extreme, but still twice the expected amount.

Walmart announced that it would raise wages for up to 500,000 current and future sales associates (out of a total workforce of 1.8 million) to $9/hour this year and $10/hour in 2016, well above the federally mandated minimum wage of $7.25/hour. Walmart's move comes in response to rising pressure from tightening labor markets, where low-skilled workers easily move between retailers and fast-food chains. The hike will drive more wage hikes across the retail and fast-food sectors.

With the earnings season in Tokyo concluded, the Nikkei225 hit its highest level in 15 years, above 18,300. The 4% rally of the last two weeks is particularly impressive considering that the selling in Japanese Yen has abated, as USD/JPY continued to struggle retesting the ¥120 level. As widely expected, the Bank of Japan policy statement maintained its annual monetary base increase target rate at ¥80T. For the third consecutive meeting however, the BOJ also raised its assessment of industrial output, along with a slightly improved view of exports. To that end, subsequent trade data out of Japan showed the smallest adjusted trade deficit in nearly 3 years, as exports rose at the fastest annual rate in over a year amid double-digit gains in shipments to US and China. More significant progress on inflation remains a key hurdle for Abenomics - late in the week, Japanese press hinted policymakers could consider delaying the timing for achieving 2% inflation target beyond the FY15/16 prior forecast.

Prior to shutting down for the Lunar New Year, China released its latest data on home prices for the month of January. The findings were unimpressive, as the trend of smaller sequential declines across all 70 top cities was reversed. Overall, prices were also down m/m for the 9th consecutive month. National Stats Bureau economist remarked there was significant divergence in prices across the country - top-tier cities saw little change in prices while 3rd tier cities saw declines of over 0.5%. Separately on the mainland, press reports suggested that the government is discussing consolidation in the energy sector, potentially involving a merger of Sinopec, CNPC, Cnooc or Sinochem, which lifted those firms stocks.