Tuesday, July 29, 2014

July 29 2014

Very strong day with 3 opening wins, a few sprinkled scalps and couple small stops here and there, ending with 1:3 on VXX long. Pretty happy with trading session.


Session Start: Tue Jul 29 00:00:00 2014


[09:32] {nemo} frickin' ese thought "omen" was somebody else
01[09:33] {@Threei}  now he doesn't leave that room
[09:33] {nemo} put him in a round room and tell him to piss in the corner...would probably be pretty entertaining
[09:35] {ese} i'm here i'm here!!!!!!!!  let the bells ring let the banners fly i'm here!
01[09:35] {@Threei}  ok, now the rest should dismiss their first e-mail, read their second, wake up and join - in that order
[09:36] {cosmo} good...now i can stop trouble shooting....geez
[09:37] {ese} lol
01[09:38] {@Threei}  dino :)
[09:38] {dino} gm
01[09:39] {@Threei} Long Setup:  FB  .80 break
01[09:40] {@Threei}  If holds  .70 
01[09:41] {@Threei}  change to .70 break
01[09:41] {@Threei}  If holds  .60 
01[09:44] {@Threei}  to .64
01[09:44] {@Threei}  1:1  
[09:47] {dino} cvlt hl l .00
01[09:47] {@Threei}  1:2  
01[09:47] {@Threei}  see GALT dino? :)
[09:51] {dino} yeah, paying for promoting, john would be appalled
01[09:51] {@Threei}  hehe
01[09:55] {@Threei}  wow
01[09:55] {@Threei}  FB, TWTR
01[09:55] {@Threei}  sharp drop
01[09:56] {@Threei}  JPM Reportedly to cut "hundreds" of technology workers
01[09:57] {@Threei}  (US) Preview: July Consumer Confidence Index expected at 10:00 ET (14:00 GMT) - Consensus expectations: 85.4e v 85.2 prior **Note: The prior June reading was the highest since Jan 2008
01[10:00] {@Threei}  (US) JULY CONSUMER CONFIDENCE : 90.9 V 85.4E
01[10:00] {@Threei} Short Setup: GLD  .30 break
01[10:00] {@Threei}  ugh, late
01[10:00] {@Threei}  grrr
01[10:01] {@Threei}  double grr
01[10:04] {@Threei} Long Setup:  TWTR  .05 break
01[10:04] {@Threei}  If holds  .99 
01[10:08] {@Threei}  half out
[10:11] {dino} glt smr l .08
01[10:12] {@Threei}  1/4 more out
01[10:13] {@Threei}  1:2  
01[10:23] {@Threei} Long Setup:  CAT  .15 break
01[10:23] {@Threei}  If holds  .05 
[10:23] {dino} out cvlt 49.66, +1.66
01[10:23] {@Threei}  wtg
[10:23] {dino} ty
01[10:25] {@Threei}  Invalidated  
01[10:26] {@Threei}  so far so good, want to find couple more before afternoon coma
01[10:26] {@Threei} Short Setup: CAT  106 break
01[10:26] {@Threei}  If holds  .10 
01[10:28] {@Threei}  1:1  
01[10:33] {@Threei}  1:2  
01[10:34] {@Threei} Short Setup: FB  .30 break
01[10:34] {@Threei}  If holds  .40 
01[10:36] {@Threei}  1:3  
01[10:36] {@Threei}  out
01[10:36] {@Threei}  that's 3:3
[10:38] {goinshort} nice cat call! thanks
[10:38] {nemo} no pun intended
01[10:39] {@Threei}  gs :)
[10:39] {goinshort} lol
01[10:39] {@Threei}  hehe
01[10:43] {@Threei} Long Setup:  GLD  .10 break
01[10:43] {@Threei}  If holds  125 
[10:43] {dino} glt to .38
01[10:43] {@Threei}  FB stop to .36
01[10:43] {@Threei}  out
01[10:49] {@Threei}  rinse
01[10:49] {@Threei}  (RU) EU said to have formally agrees to next round of sanctions on Russia - financial press - Said to have reached agreement on the composition of the new package of sanctions.
01[10:49] {@Threei}  wow... is it real?
[10:52] {ese} Whats that all about
01[10:52] {@Threei}  which part?
[10:57] {dino} mw drop
[10:57] {goinshort} cya later - thanks
01[11:00] {@Threei}  take care gs
[11:14] {dino} out glt .38, +.30
01[11:18] {@Threei}  nice
[11:26] {dino} ty
01[11:27] {@Threei} Long Setup:  FB  .15 break
01[11:27] {@Threei}  If holds  .05 
01[11:29] {@Threei}  nah
01[11:29] {@Threei}  easy money has been made
[11:31] {nemo} FB on algo weak side
01[11:36] {@Threei} Long Setup:  CAT  .20 break hl
[11:36] {troub} good morning
01[11:36] {@Threei}  If holds  .10 
01[11:36] {@Threei}  troub :)
[11:36] {RonS} mw sm l 52.89
[11:36] {RonS} out mw 53.45 +.56
01[11:37] {@Threei}  wtg
[11:37] {RonS} sorry for late initial post but i had to get the sell order in...the thing is pulp
01[11:45] {@Threei}  1:1  
[11:45] {dino} gj
[12:09] {RonS} pulling out all the stops for Nov:  Obama said to plan to let millions of undocumented immigrants obtain work permits:  http://bloom.bg/1ryp3Gu  
01[12:10] {@Threei}  great
[12:13] {RonS} shoulda done an mw part dukes...dews...deaux?
01[12:16] {@Threei}  [BBRY] Ford to swich to Apple mobile devices for its workers, dropping Blackberry - financial press Ford to switch about 3,000 employees to Apple devices this year and another 6,000 over the next two years.
01[12:17] {@Threei}  uh oh
01[12:17] {@Threei}  (HU) Hungary Econ Min Varga: our banking system is stable and banks have ample capital
[12:19] {RonS} freakin huns...
[12:19] {RonS} ...heard a roman say that once...
[12:21] {cosmo} they ride horses, i herd...
[12:22] {RonS} lol cosmo
[12:24] {dino} lol
01[12:32] {@Threei} Long Setup:  IWM  .70 break
01[12:32] {@Threei}  If holds  .60 
[12:34] {dino} cbi drop
01[12:36] {@Threei}  1:1  
01[14:17] {@Threei} Long Setup:  IWM  .85 break
01[14:17] {@Threei}  If holds  .80 
01[14:19] {@Threei}  Invalidated  
01[14:22] {@Threei} Long Setup:  IWM  .60 break
01[14:23] {@Threei}  Invalidated  
01[14:24] {@Threei}  no news for this selling
01[14:26] {@Threei} Long Setup:  IWM  .50 break
01[14:26] {@Threei}  If holds  .45 
01[14:27] {@Threei}  nah
01[14:30] {@Threei}  light rinse
01[14:37] {@Threei} Short Setup: FB  74 break
01[14:37] {@Threei}  If holds  .10 
01[14:42] {@Threei}  valid still
01[14:44] {@Threei}  1:1  
01[14:44] {@Threei}  nice rug pull
01[14:46] {@Threei}  Obama wrote Putin about violation of nuclear treaty, White House says
01[14:46] {@Threei}  they are pen pals now?
01[14:47] {@Threei}  hey bud, you know that nuclear treaty we both used to... yeah, that one. Guess what - it's been violated today
01[14:48] {@Threei}  (UR) US President Obama plans statement on Ukraine issue at 1450ET
01[15:02] {@Threei} Long Setup:  VXX  .45 break
01[15:03] {@Threei}  If holds  .35 
01[15:07] {@Threei}  change to .40 break
01[15:07] {@Threei}  If holds  .35 
01[15:22] {@Threei}  1:1  
01[15:30] {@Threei}  1:2  
01[15:33] {@Threei}  pretty good day overall
[15:34] {dino} out vxx .58, +.13 ty vad
01[15:35] {@Threei}  yw
01[15:44] {@Threei}  1:3  
[15:46] {dino} gj
01[15:47] {@Threei}  ty
01[15:47] {@Threei}  pretty happy with today, that weekend was good for me :)
01[15:47] {@Threei}  ok guys, thank you all
01[15:48] {@Threei}  have a great evening, see you tomorrow

Friday, July 25, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateEarnings, Wars and Data



- Global markets vacillated between earnings and geopolitical conflict this week. There was a steady drumbeat of negative news out of Israel and eastern Ukraine, with bloody headlines countering much of the decent news from quarterly earnings reports. Quarterly reports out of the US and Europe were pretty strong, with only a few earnings disasters weighing on broader indices, though the earnings stinkers were in marquee names such as McDonalds and Amazon. June US housing data was mixed, inflation continues to be very subdued and weekly jobless claims took an unexpectedly big dip, possibly due to seasonality. In Europe, the first reading of UK GDP for Q2 indicated that annualized economic growth was back above 3.0% for the first time since the beginning of the crisis, though this was offset by worse than expected retail sales data. In China, July flash PMI numbers were very good, helping the Shanghai and Hong Kong equity markets handily outperform US and European indices. For the week, the DJIA lost 0.8%, the Nasdaq slipped 0.4%, and the S&P500 was about unchanged.

- June data offered contrasting views of the US housing sector. The June existing home numbers pushed out to eight-month highs and the May figures were revised slightly higher. According to the NAR, inventories are at their highest level in over a year and price gains have slowed to much more welcoming levels in many parts of the country. Meanwhile June new homes sales tumbled to 406K from May's eight-year high of 504K. Quarterly numbers from two homebuilders also saw some weaker trends: Pulte Homes saw closings and its backlog decline on a y/y basis (although new home orders were up 5% y/y), while M/I Homes saw a y/y contraction in new contracts signed. D.R. Horton, the largest homebuilder in the US, saw a 15% y/y gain in its backlog and a 25% gain in net orders.

- Inflation is still not showing up to the party, according to the June CPI data out this week. The increase in the headline CPI index was mild enough to keep the y/y growth rate unchanged at 2.1%, while the y/y growth rate of the core fell to 1.9%. Food prices decelerated faster than expected, turning in a flat performance in June after four months of growth. Energy prices were up less than expected.

- Fighting raged all week in eastern Ukraine, with pro-Russia forces shooting down more military aircraft and Russia supplying more heavy weapons. More EU sanctions on Russia appeared imminent, with action expected by the end of July. Sanctions could include a ban on investment in Russian banks, an arms ban (but not retroactive, allowing France to deliver contracted Mistral warships) and some form of energy sector sanctions. On Friday, EU President Van Rompuy was urging member states to restrict sale of technology to the Russian oil sector while excluding the gas sector from sanctions, which sent oil and gas futures in divergent directions. On Friday, the Russian central bank raised its key rate by half a point to 8%, citing heightened geopolitical risks to the ruble.

- A federal appeals court overturned a lower court ruling that allowed subsidy payments under the Obamacare reforms. The ruling voids the regulations that allow subsidies for insurance that is purchased through federal exchanges. Most commentators agreed that with several similar cases outstanding and more rulings to come, this decision was not terminal for the ACA.

- Bill Ackman's promise to deliver a deathblow to Herbalfe fell flat this week, buried under hundreds of slides in a hours-long, rambling presentation. Ackman asserted that the company deliberately targets lower income people and certain ethnic groups to expand its sales and runs nutrition clubs that are just as fraudulent as Enron trading rooms, but his presentation left the impression that Herbalife was merely a parasitic MLM, rather than any kind of pyramid scheme.

- General Motors' quarterly report took a big hit from recalls, but even before accounting for recalls profits were down sharply y/y. Meanwhile Ford beat earnings expectations on modest profit growth. Caterpillar hiked its FY guidance and beat expectations, and its June dealer statistics improved slightly from May's very bad performance. Defense/aerospace names Boeing, Northrop, and General Dynamics topped earnings expectations, while Boeing and Northrop both hiked FY14 EPS guidance.

- American Airlines announced its first dividend since 1980, at $0.10/share, based on record quarterly profits of $1.5 billion in Q2. American's revenues grew 75% y/y as the company has soared out of bankruptcy. United Airlines recovered very well from its first quarter losses, as Q2 earnings that topped expectations. Southwest beat expectations on solid profit growth. JetBlue's results were right in line on modest growth.

- Microsoft's fourth quarter revenue saw very strong gains y/y while net income declined slightly. Server and cloud sales continue to do quite well, even as the phone business flounders. Apple's revenue fell a bit short, but the company said it sold 35.2 million iPhones, up 13% y/y, with China iPhone sales up 48% y/y. On the strength of its quarterly report, shares of Facebook pushed out to new all-time highs, up approximately 100% from the IPO price. Facebook's user metrics sustained double-digit gains, and the firm said it had 1.5 million active advertisers, up from 1 million last June. Multiple analysts cut their ratings and/or price targets for Amazon after it reported negative operating income in its second quarter and forecast more of the same for Q3. Amazon executives said the losses were driven by business investment.

- The euro tumbled lower this week, dropping to fresh year-to-date lows. Besides a brief reversal on Thursday, the trade was one way: EUR/USD dropped from 1.3550 on Monday and closed a few pips off its low of 1.3421 on Friday. Traders say the gradual widening of interest rate differentials between the US and Europe are strengthening the greenback: the premium offered by two-year U.S. Treasuries over German debt has widened to around 46 basis points, levels not seen since 2007. The key break below 1.3477 (the January low) makes many think the pair has a ways to go to the downside. Similar dynamics sent the pound lower against the dollar. Additional downside momentum came from the weak June UK retail sales data and the lack of dissenting views in the minutes from the BoE's July policy meeting. FX traders had been bracing for a more hawkish tone among some members.

- Concerns about the Chinese property market have taken a back seat to more signs of improvement in the manufacturing sector. The July HSBC flash PMI jumped to an 18-month high of 52.0, well above the 51.0 expected, as the new orders and input prices components increased at a faster rate. HSBC cited the cumulative impact of mini-stimulus measures, commenting that policy makers would maintain their accommodative stance over the next few months to consolidate the recovery. The Shanghai Composite rallied impressively after the PMI data, ending the week up 3.2% at a three-month high. Monetary authorities in Beijing have also been noticeably more proactive, suspending their liquidity mop-ups on two occasions this week.

- Kiwi dollar tumbled nearly 2% against the greenback below $0.8550 mark, to six-week lows against the USD and AUD. As expected, the RBNZ hiked rates for the fourth time to 3.50%, but also signaled a pause in tightening. Governor Wheeler was increasingly critical of the elevated FX rate in the face of the falling dairy prices and slowing export growth, calling it "unjustified and unsustainable" with potential for a significant fall. In Australia, Q2 CPI topped consensus and now sits at the high end of RBA's 2-3% target range. While analysts remain unconvinced that the central bank would consider tightening measures in 2014, the case for more RBA rate cuts has now been closed.



July 25 2014

Very nice end to the week, with a few strong trades, notably remarkable P bounce.

 Session Time: Fri Jul 25 00:00:00 2014
[08:48] {dino} gm
01[08:48] {@Threei}  morning dino
01[09:15] {@Threei}  low premarket volume
[09:16] {troub} good morning you all
01[09:16] {@Threei}  troub :)
01[09:22] {@Threei}  quite large list of movers
01[09:22] {@Threei}  Upside:
01[09:22] {@Threei}  -DTLK +15.0% (earnings)
01[09:22] {@Threei}  -LOGM +11.5% (earnings)
01[09:22] {@Threei}  -RBS +11.3% (prelim earnings)
01[09:22] {@Threei}  -ECHO +10.8% (earnings)
01[09:22] {@Threei}  -ACTG +10.4% (earnings)
01[09:22] {@Threei}  -QLIK +10.1% (earnings)
01[09:22] {@Threei}  -SWI +9.9% (no news seen)
01[09:22] {@Threei}  -DECK +9.4% (earnings)
01[09:22] {@Threei}  -UFS +8.2% (earnings)
01[09:22] {@Threei}  -BIDU +8.1% (earnings)
01[09:22] {@Threei}  -LOU +7.6% (earnings)
01[09:22] {@Threei}  -RFMD +6.6% (earnings)
01[09:22] {@Threei}  -MLNX +6.5% (earnings)
01[09:23] {@Threei}  Downside:
01[09:23] {@Threei}  -WCG -19.6% (earnings)
01[09:23] {@Threei}  -LSCC -15.0% (earnings)
01[09:23] {@Threei}  -MXIM -13.6% (earnings)
01[09:23] {@Threei}  -INFA -12.9% (earnings, guidance)
01[09:23] {@Threei}  -AMZN -11.5% (earnings)
01[09:23] {@Threei}  -P -11.2% (earnings)
01[09:23] {@Threei}  -NTGR -10.7% (earnings, negative broker commentary)
01[09:23] {@Threei}  -BCOU -7.8% (earnings, negative broker commentary)
01[09:23] {@Threei}  -KLAC -4.5% (earnings)
01[09:23] {@Threei}  -SBUX -2.9% (earnings)
[09:23] {dino} swi beats by 4, guides up
01[09:24] {@Threei}  EUR/USD Sets fresh session lows
01[09:25] {@Threei}  Brazilian soccer star who took Ukrainian citizenship gets drafted to fight for its army
[09:25] {RonS} oops...gm btw
01[09:26] {@Threei}  ron :)
01[09:27] {@Threei}  Associated Press: Russian execs fear lasting damage from plane crash
01[09:27] {@Threei}  well, no more lasting than victims' damage
01[09:32] {@Threei} Long Setup:  P  .80 brek
01[09:32] {@Threei}  If holds  .70
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  P  .30 break
01[09:34] {@Threei}  If holds  .20
01[09:35] {@Threei}  Invalidated
01[09:35] {@Threei} Short Setup: FB  .30 break
01[09:35] {@Threei}  If holds  .40
01[09:35] {@Threei}  1:1
01[09:36] {@Threei}  1:2
[09:36] {dino} cnc smr l .59 wide/pulp
01[09:38] {@Threei} Long Setup:  P  25 break
01[09:38] {@Threei}  If holds  .90
01[09:39] {@Threei}  wow
01[09:39] {@Threei}  FB
01[09:39] {@Threei}  what just happened
01[09:44] {@Threei} Long Setup:  SBUX  .35 break hl
01[09:44] {@Threei}  1:1
01[09:44] {@Threei}  too fast on a break though
01[09:45] {@Threei}  1:3
01[09:45] {@Threei}  if you got it, get out as you please
01[09:46] {@Threei} Long Setup:  P  25 break
01[09:46] {@Threei}  If holds  .90
01[09:47] {@Threei}  SBUX CEO: no change what so ever to guidance related to coffee prices
01[09:47] {@Threei}  SBUX hit 1:5
01[09:47] {@Threei}  change P to .90 break
01[09:47] {@Threei}  If holds  .80
01[09:48] {@Threei}  Invalidated
01[09:54] {@Threei} Long Setup:  TWTR  .50 break
01[09:54] {@Threei}  If holds  .40
[09:55] {goinshort} twtr
01[09:56] {@Threei}  Invalidated
01[09:57] {@Threei}  but on radar
[09:58] {dino} out sbux .00, +.60, ty 3i heads up
01[09:59] {@Threei}  :)
01[10:10] {@Threei} Long Setup:  IWM  .80 break
01[10:10] {@Threei}  If holds  .72
01[10:11] {@Threei}  TWTR .50 break valid again
01[10:13] {@Threei}  IWM valid
01[10:16] {@Threei}  stop .74
01[10:17] {@Threei}  half out
01[10:18] {@Threei}  stop .79
01[10:18] {@Threei}  1:1
01[10:18] {@Threei}  1:1  TWTR
[10:21] {troub} jumped past me :(
01[10:21] {@Threei}  :(
01[10:21] {@Threei}  1:2
01[10:24] {@Threei}  1:2  IWM
01[10:25] {@Threei}  guys, while I remember
[10:25] {nemo} you're going on vacation
01[10:26] {@Threei}  my daighter is coming for a visit, want to take her up island over the weekend. It's rather long trip, so with your permission I'll take day off this Monday
[10:26] {dino} not sure, need a vote
[10:26] {RonS} lol
[10:26] {nemo} you need to give notice at least two weeks ahead of time
01[10:26] {@Threei}  I'll wait
01[10:26] {@Threei}  for a vote :)
[10:26] {nemo} It's just not enough time to get Les in here to replace you
[10:27] {dino} counting the votes, ron-no, nemo-no, dino-no. guess you have to work
01[10:27] {@Threei}  closed IWM balance on a trail
[10:27] {RonS} ese will show up and...
[10:27] {nemo} he's ignoring us Dino
[10:27] {nemo} Hey, Vad!  She bringing the cat?
[10:28] {dino} as usual, but he needs 4 yes votes i guess
[10:28] {nemo} I guess we don't own voting shares
01[10:28] {@Threei}  I am not ignoring you, I am conferriong with russian fire corrector
01[10:28] {@Threei}  what cat?
01[10:28] {@Threei}  she doesn't have any
[10:28] {nemo} right, a Uke talking to russians
[10:28] {nemo} oh bummer, that thing was so cute
01[10:29] {@Threei}  that wasn't hers
[10:29] {nemo} oh
[10:29] {troub} as a good citizen, what am I offered for my vote?
01[10:29] {@Threei}  that was son then-girlfriend's
[10:29] {nemo} mmmhhhh...grew up here...doesn't understand the word "expropriate"
01[10:29] {@Threei}  my heartfelt thank you?
[10:30] {RonS} sheesh yy, guess i shoulda been on that off of bidu...
[10:30] {nemo} think it might be time to clean out the bellybutton lint and toe jam
[10:30] {troub} heart?
[10:30] {nemo} nice one troub
[10:30] {nemo} very subtle
01[10:30] {@Threei}  what, you think I have none?
[10:31] {nemo} slipped the knife right between the ribs without knicking the bone
[10:32] {troub} I meant ! bad typing I've learned.
01[10:36] {@Threei}  I can't even imagine from who
01[10:43] {@Threei} Long Setup:  TWTR  .50 break
01[10:43] {@Threei}  If holds  .43
01[10:48] {@Threei}  not liking that it doesn't move with SPY
01[10:48] {@Threei}  stop to .44
01[10:49] {@Threei}  out
[10:55] {RonS} galt spike
[10:55] {nemo} John?
01[10:56] {@Threei}  who is he?
01[10:56] {@Threei}  (RU) EU's Van Rompuy said to be urging member states to impose sanctions on technology for Russia oil sector, but to exclude the gas sector from sanctions
01[10:56] {@Threei}  hmmm...
01[10:57] {@Threei} Long Setup:  SBUX  .90 break
01[10:57] {@Threei}  If holds  .80
[10:57] {RonS} after all...we are European and expect to have our cake and eat it too...
01[10:57] {@Threei}  exactly
01[11:00] {@Threei} Short Setup: KLAC  .10 break
01[11:00] {@Threei}  If holds  .20
01[11:07] {@Threei}  1:1
[11:08] {nemo} should test .70ish
[11:20] {Thomcbell} Anything good?
01[11:20] {@Threei}  got a few, yes
01[11:28] {@Threei} Short Setup: GLD  .90 break
01[11:28] {@Threei}  If holds  125
01[11:34] {@Threei}  valid still
[12:05] {dino} swft sm l .80
01[12:06] {@Threei}  half out GLD
01[12:09] {@Threei}  1:1
01[12:30] {@Threei} Long Setup:  P  .85 break
01[12:30] {@Threei}  If holds  .75
01[12:44] {@Threei}  1:1
[12:47] {dino} mnk sm l .00
[12:48] {dino} out mnk .36, +.36
01[12:49] {@Threei}  nice
01[12:49] {@Threei}  1:2  P
[12:49] {dino} ty, bit soon
01[12:52] {@Threei}  P will have broken significant resistance if takes .10
01[12:52] {@Threei}  will try to ride for 1:5 if that happens
01[12:55] {@Threei}  1:3
01[12:58] {@Threei}  1:4
01[12:58] {@Threei}  good girl
[12:58] {dino} out p .25, +.39, ty 3i
01[12:58] {@Threei}  yw
[13:03] {dino} cnc stop to .59
01[13:04] {@Threei}  changing target to 1:6
01[13:05] {@Threei}  P found wind for its sails
[13:05] {dino} swft to .90
01[13:06] {@Threei}  stop is .19 at this point
01[13:06] {@Threei}  ok
01[13:06] {@Threei}  closed
01[13:06] {@Threei}  happy with this one
[13:07] {dino} cnc to .85
[13:10] {dino} out cnc .85, +1.26
[13:11] {troub} super work dino
[13:11] {dino} ty, took all day, but worked
[13:12] {dino} out swft .94, +.14
01[13:23] {@Threei}  P 1:6almost
[13:48] {dino} gotta hop guys, have good weekend
01[13:49] {@Threei}  take care dino, see you tuesday
[13:49] {troub} and you dino.  hope you get lots of birdies
[13:51] {dino} ty
01[13:59] {@Threei}  GALT TheStreet.com's biotech analyst Feuerstein makes cautious comments
01[13:59] {@Threei}  who is that Galt...
[14:01] {thomcbell} who is John Galt
01[14:04] {@Threei}  :)
[14:05] {RonS} cbi...bridges to be made of plastic?
01[14:07] {@Threei}  why, do they change name to CBP?
[14:07] {RonS} lol...took a sec
06[14:07] * @Threei takes a bow
[14:08] {RonS} ...and they beat
[14:28] {thomcbell} wow did that work on GALT
[14:28] {thomcbell} crazy long squeeze
01[14:29] {@Threei}  yeah
01[15:26] {@Threei} Short Setup: FB  .10 break
01[15:26] {@Threei}  If holds  .15
[15:36] {RonS} outta here a little early. thanks all for the real nice week.  see y'all on monday.
[15:42] {troub} enjoy Monday with daughter Vad.  gn
01[15:42] {@Threei}  thank you, see you tuesday
[15:45] {goinshort} thanks all- cya!
01[15:46] {@Threei}  ok guys, thank you all
01[15:46] {@Threei}  have a great weekend, see you Tuesday

Thursday, July 24, 2014

July 24 2014

Back and forth day, trading punches. Finishing about flat.


Session Time: Thu Jul 24 00:00:00 2014

[08:47] {dino} gm 3i
01[08:49] {@Threei}  morning dino
[08:55] {nemo} So Dino, what do you think the Jet's chances are against a Pat's defense that has their tackles back and Revis and Browner in the backfield?
[08:55] {nemo} got on-line late, look at that perfect short setup on FB just after 8
01[08:56] {@Threei}  yeah but stop would be 50 cents
[08:56] {dino} as a jet fan i've learned not to expect much
[08:57] {nemo} short was under 78,25 to me
[08:57] {cosmo} when you're a Jet, you're a Jet all the way I thought
[08:57] {nemo} was thinking in context of Rex's comments last week
[08:57] {nemo} You go to too many Broadway shows cosmo
[08:57] {cosmo} never
[08:58] {nemo} well, you're basically quoting West Side Story
[08:58] {cosmo} I got this one of the 78.
[08:58] {cosmo} off
[09:02] {RonS} gm...Walmart announces departure of US CEO Bill Simon - @CNBCnow http://cnb.cx/1tFizHi
01[09:02] {@Threei}  ron :)
[09:03] {nemo} that's kinda' funny cosmo...did you have the 8-track for your car?
[09:05] {cosmo} I missed out on that short lived technology.
[09:05] {cosmo} I still have my 78's though
[09:05] {nemo} they usually pretty heavy
[09:06] {cosmo} durable
[09:06] {cosmo} goos for centuries to come
[09:06] {nemo} yeah, hit somebody with one of those, could do damage
[09:06] {cosmo} good
[09:07] {cosmo} yea...like 'odd job'
[09:07] {nemo} he died a while ago
[09:07] {cosmo} a good thing i say
[09:09] {nemo} I would prefer it happen to the Kardashians
[09:16] {troub} good morning you all
01[09:16] {@Threei}  troub :)
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -FB +7.0% (earnings)
01[09:28] {@Threei}  -CTXS +1.9% (earnings)
01[09:28] {@Threei}  -FFIV +1.1% (earnings)
01[09:28] {@Threei}  -ILMN +0.8% (earnings)
01[09:28] {@Threei}  -SKX +8.5% (earnings)
01[09:28] {@Threei}  -GILD +1.7% (earnings)
01[09:28] {@Threei}  -INFN +6.1% (earnings)
01[09:28] {@Threei}  -LOGI +13.3% (earnings)
01[09:28] {@Threei}  -NOK +7.7% (earnings)
01[09:28] {@Threei}  ONVO +16% (enters 3D bio-printed agreement w/J&J unit)
01[09:28] {@Threei}  -ARIA +5.3% (momentum)
01[09:28] {@Threei}  -SPNC +5.5% (FDA clearance of peripheral laser atherectomy for in-stent restenosis)
01[09:28] {@Threei}  -QRE +13% (prelim earnings)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -ANGI -25% (earnings; multiple downgrades this morning)
01[09:28] {@Threei}  -TRIP -11% (earnings)
01[09:28] {@Threei}  -SRPT -8.0% (termination of CSO Arthur Krieg)
01[09:28] {@Threei}  -DNKN -5.9% (earnings)
01[09:28] {@Threei}  -INCY -5.9% (negative results from the RELIEF trial of Ruxolitinib)
01[09:28] {@Threei}  -PLCM -5.7% (earnings)
01[09:28] {@Threei}  -GOV -5.4% (filing & pricing of 13.5M share offering)
[09:29] {ese} mrkt should keep going up..........morning
01[09:30] {@Threei}  ese :)
01[09:30] {@Threei}  why not
[09:32] {nemo} Yellen must be shorting facebook
[09:32] {ese} whats that old market saying...."the market keeps going up until it doesn't"
01[09:33] {@Threei} Long Setup:  YHOO  .45 break
01[09:33] {@Threei}  nope
[09:35] {RonS} out dva from 2 days ago 71.95 +.90
[09:36] {ese} right on Ron!
[09:36] {dino} gj
01[09:36] {@Threei}  wtg
[09:37] {RonS} buffet owns 15% of the stock...selloff on bs downgrade...knew it would come back
01[09:37] {@Threei} Long Setup:  YHOO  .30 break
01[09:37] {@Threei}  If holds  .20
01[09:38] {@Threei}  1:1
01[09:41] {@Threei} Short Setup: WMT  .30 break
01[09:41] {@Threei}  If holds  .40
01[09:42] {@Threei}  no go
01[09:46] {@Threei} Short Setup: FCX  .60 break
01[09:46] {@Threei}  If holds  .70
01[09:50] {@Threei}  not getting it right
[09:55] {dino} ilmn vsm l .35
01[09:57] {@Threei} Long Setup:  YHOO  .35 break
01[09:57] {@Threei}  If holds  .25
[10:00] {nemo} must be home sales
01[10:00] {@Threei}  *(US) JUN NEW HOME SALES: 406K V 475KE
01[10:00] {@Threei}  yuck
01[10:01] {@Threei}  BBRY Hearing takeover chatter circulating- Samsung rumored as a potential bidder
01[10:04] {@Threei}  no go
[10:05] {troub} dino, hope you are still in ILMN
01[10:09] {@Threei}  rinse
01[10:11] {@Threei} Long Setup:  IWM  .90 break
01[10:11] {@Threei}  If holds  .80
01[10:13] {@Threei}  1:1
01[10:14] {@Threei}  1:2
01[10:15] {@Threei}  out balance on a trail
01[10:15] {@Threei}  this was decent
01[10:16] {@Threei}  YHOO, that was disgusting of you
[10:18] {nemo} that's interesting, tried to short AAPL at .60 and got rejected because "option would go naked"
[10:19] {nemo} VXX
[10:19] {RonS} dino LTM around 42 would expect a bounce...
[10:20] {RonS} tbi beat by 22%...
01[10:24] {@Threei} Long Setup:  FB  ,15 break
01[10:24] {@Threei}  hl
01[10:24] {@Threei}  If holds  75
01[10:25] {@Threei}  Invalidated
01[10:27] {@Threei} Long Setup:  FB  .10 break
01[10:27] {@Threei}  If holds  75
01[10:28] {@Threei}  1:1
[10:30] {ese} out fb .30 +.19
[10:30] {ese} tks vad
01[10:30] {@Threei}  yw
01[10:30] {@Threei}  1:2
01[10:30] {@Threei}  second decent one
[10:31] {nemo} Dung Beetle's favorite movie:  Fecal Attraction
[10:31] {ese} need someone to do some painting inside my house today....can you come and do that for me as well
[10:32] {nemo} no, but I'll dig a grave in your back yard...
[10:32] {ese} ha ha ....ha ha
[10:33] {ese} fb strong
[10:34] {nemo} see the pre-market high ese?
[10:35] {ese} no missed that.....just saw 76.74
[10:36] {ese} what was the pre mrkt
[10:37] {ese} hmmmm......78 something
01[10:39] {@Threei}  78.44
[10:54] {Thomcbell} How goes it
[10:54] {nemo} coma
01[10:54] {@Threei}  got two good ones, and market froze
01[10:54] {@Threei}  but should move from here
[10:54] {nemo} yeah, it saw Vad
01[10:55] {@Threei}  BBs tighten
[10:55] {RonS} BREAKING: Yatsenyuk resigns as Ukraine Premier as new elections sought
01[10:55] {@Threei}  good
01[10:56] {@Threei}  UR) Ukraine PM Yatsenyuk offers to resign ahead of ruling coalition dissolution to allow early vote on parliament - better wording
01[10:59] {@Threei} Long Setup:  IWM  115 break
01[10:59] {@Threei}  If holds  .90
01[11:02] {@Threei}  1:1
[11:10] {RonS} jesus, neighbor has a guy grinding a stump...feel like nemo with a hangover...
01[11:11] {@Threei}  lol
[11:11] {dino} lol
[11:12] {nemo} no one could possibly know the horrors
01[11:21] {@Threei} Long Setup:  VXX  .05 break
01[11:21] {@Threei}  If holds  28
[11:23] {nemo} spy gonna break 199?
01[11:24] {@Threei}  sooner or later
[11:25] {nemo} sooner
01[11:25] {@Threei}  or later
01[11:25] {@Threei}  me thinks pullback first
01[11:25] {@Threei}  but me thinks so rarely, me rusty
01[11:30] {@Threei}  meh
[11:30] {nemo} o.k. the proverbial hair
01[11:39] {@Threei}  should have waited for .95 eh?
01[11:39] {@Threei}  SODA Said to be talks to sell itself to a PE firm at $40
[11:39] {nemo} yeah, I was grabbing .97 break and it jumped up to .05
01[11:41] {@Threei}  halted
[11:41] {nemo} wow UA
01[11:44] {@Threei}  opened again, SODA
01[11:56] {@Threei}  new pedestrian crossing markings in my native town: http://dndz.com.ua/wp-content/uploads/2014/07/0109.jpg
01[11:56] {@Threei}  words say "putin is a dickhead"
01[12:02] {@Threei} Long Setup:  WMT  .30 break
01[12:02] {@Threei}  If holds  .20
[12:04] {dino} ip spike
[12:04] {dino} sm s .46
[12:07] {dino} ip stop .67 -.21
[12:08] {nemo} HOT dino
[12:09] {dino} been watching it
01[12:19] {@Threei} Short Setup: EBAY  .25 break
01[12:19] {@Threei}  If holds  .30
01[12:29] {@Threei}  scratching WMT
01[12:30] {@Threei}  pit .30
01[12:30] {@Threei}  out
01[12:48] {@Threei}  die EBAY
01[12:48] {@Threei}  or if I may get creative, get dier
01[12:48] {@Threei}  dierer?
01[12:48] {@Threei}  nemo?
01[12:48] {@Threei}  some help?
[12:49] {nemo} on your own with that one
01[12:49] {@Threei}  sigh
01[12:49] {@Threei}  deader is safe bet but mildly creative
01[12:51] {@Threei}  ugh
01[12:52] {@Threei}  looks like 6 cents is what we should have taken, lol
[13:56] {dino} trla spike
[13:56] {dino} z spike
[13:56] {dino} trla halt
01[13:57] {@Threei}  TRLA Reportedly Zillow looking to buy TRLA (related MOVE)
01[13:58] {@Threei}  (UR) US Govt notes it has some evidence that artillery is being fired from Russia and into Ukraine territory; directed at Ukraine military forces
[13:59] {dino} z halt
[14:06] {nemo} you get any of that trla
[14:07] {dino} no
[14:07] {dino} having trouble buying the "buyer" when the buyer is up so much. in older days the buyers stock would decline
[14:08] {dino} none avail to short here
[14:14] {dino} trip spike
01[14:44] {@Threei} Long Setup:  IWM  .60 break
01[14:44] {@Threei}  If holds  .50
01[14:57] {@Threei}  1:1
[15:06] {RonS} wow, whodathunk:  Albany nears oil-hub status as Bakken shale booms: http://bloom.bg/UpswfA
01[15:11] {@Threei}  I never thought Bakken would go ahead at all while Obama's in office
[15:12] {RonS} ya well, the libs in NY are trying to screw it up
01[15:13] {@Threei}  now that's a suprise
[15:16] {RonS} even here...have an anti-fracking bllot measure up for a vote...dem legislature went a against the dem governor to adopt statewide measure so initiative hands out local control...nimby crowd psychology
[15:18] {nemo} my concern with fracking, which hasn't been answered adequately, is it's affect on water supplies
[15:18] {dino} they are f'ing us in wayne county pa. drbc won't allow it
[15:18] {RonS} nemo, it's done below the water tables...
[15:18] {dino} nemo, no it won't. they've been fracking for 40 years
[15:19] {RonS} now the earthquakes...dunno...hearing OK has been having them a lot...
[15:19] {dino} putin has been funding a lot of the anti-fracking groups, it threatens russias gas
[15:19] {nemo} frickin' communist plot
[15:19] {dino} some of it, yes
[15:20] {nemo} ese is in on this somehow
[15:20] {ese} vad....got the paint stripped in some parts of my house......ya didn't come to help man!
[15:20] {dino} what really makes me mad is they have shut it down where i live. so basically taken my property rights without compensation
01[15:21] {@Threei}  one of the conspiracy theories popular in Russia is: whole thing with Ukraine is USA/Ukrainian genocide plot to clean up whole Donetsk province and start fracking
01[15:21] {@Threei}  I did ese... knocked on the door, no one opened. I left bottle of vodka pn the porch, should still be there
01[15:22] {@Threei} Long Setup:  EBAY  .20 break
01[15:22] {@Threei}  If holds  .10
[15:23] {ese} liar liar pants on fire!!! theres a broom out there......it's not made of glass and it's not filled with vodka.....sheesh!
01[15:24] {@Threei}  wait... I might have had couple gulps before leaving it...
[15:24] {RonS} cupla gulps...lol
[15:24] {ese} lol
[15:26] {ese} ahhh...they've found that plane crash in north eastern mali
01[15:28] {@Threei}  oh, and if you want the ultimate conspiracy theory lunacy:
[15:29] {nemo} commies are gonna' run ese as a Manchurian candidate for Prime Minster?
01[15:29] {@Threei}  disappeared flight 370 was hijacked and hidden in USA, then filled with dead bodies and sent over Ukraine to be downed by Ukrainians and pin it on Russia
[15:30] {troub} that is sicker than sick
[15:30] {nemo} sounds like something Obama would do
[15:30] {nemo} sheesh
01[15:30] {@Threei}  yet this is what rusdsians hear, and the saddest part is, many believe
[15:30] {nemo} oh yeah
[15:30] {nemo} ok.  Dr. Appt. time
[15:30] {ese} what the H......weather or possibly another misslle are the 2 factors they are looking into.....
[15:30] {RonS} heard on net w/ algerian disappearance:  turns out "Lost" was a documentary...
01[15:31] {@Threei}  lol
[15:33] {ese} head injury nemo?
01[15:35] {@Threei}  EBAY stop .14
01[15:39] {@Threei} Long Setup:  IWM  .70 break
01[15:39] {@Threei}  If holds  .64
01[15:44] {@Threei}  half out IWM
01[15:44] {@Threei}  stop to .69
01[15:44] {@Threei}  EBAY stop to .19
01[15:49] {@Threei}  move IWM, move
01[15:49] {@Threei}  time's running out
01[15:55] {@Threei}  1/4 more out
01[15:56] {@Threei}  stop .73
01[15:59] {@Threei}  closed
01[15:59] {@Threei}  thank you all, have a good evening
01[15:59] {@Threei}  see you tomorrow
01[15:59] {@Threei}  An Alabama man who went to the hospital for a routine circumcision says doctors mistakenly amputated his penis.
01[15:59] {@Threei}  sheesh



Wednesday, July 23, 2014

July 23 2014

A few too many rinses in the afternoon, finishing negative despite nice trades in the morning

Session Time: Wed Jul 23 00:00:00 2014
[09:00] {RonS} gm...wonder if dino will short pbyi today?  :)
01[09:01] {@Threei}  morning ron
01[09:01] {@Threei}  lol
01[09:02] {@Threei}  I don't think I've ever seen such persentage
01[09:02] {@Threei}  umm, wait
01[09:02] {@Threei}  ENMD... from 10 to 80
01[09:02] {@Threei}  1999 or so
01[09:03] {@Threei}  it's the dollar gap that is most impressive in this case
01[09:12] {@Threei}  dino saw PBYI and fainted :)
[09:12] {dino} gm
01[09:12] {@Threei}  ah, here he is
01[09:12] {@Threei}  morning :)
[09:13] {troub} good morning you all
01[09:13] {@Threei}  troub :)
[09:14] {Thomcbell} Gm
01[09:14] {@Threei}  thom :)
01[09:14] {@Threei}  Upside:
01[09:14] {@Threei}  -PBYI +261.0% (positive results from the Phase III clinical trial of Puma's investigational drug PB272 (neratinib) in the ExteNet trial)
01[09:14] {@Threei}  -DRL +15.7% (SC ruling in lawsuit against Puerto Rico Treasury)
01[09:14] {@Threei}  -ISRG +12.2% (earnings, guidance on FY14 procedure growth)
01[09:14] {@Threei}  -TLM +11.1% (Repsol rumored to be considering bid)
01[09:14] {@Threei}  -BIIB +7.0% (earnings)
01[09:14] {@Threei}  -BRCM +3.9% (earnings)
01[09:14] {@Threei}  -XLNX -13.3% (earnings)
01[09:14] {@Threei}  -JNPR -7.1% (earnings)
01[09:14] {@Threei}  -GSK -4.0% (earnings)
01[09:14] {@Threei}  -IRBT -3.3% (earnings)
01[09:14] {@Threei}  -EA -1.4% (earnings)
01[09:14] {@Threei}  -MEET -12% (earnings)
[09:19] {RonS} INO
01[09:26] {@Threei}  FB, .70 - 80 two-sided setup for the open, half lot
01[09:30] {@Threei} Short Setup: FB  .70 break hl
01[09:30] {@Threei}  If holds  .80
01[09:32] {@Threei}  stop to .76
01[09:33] {@Threei}  1/2 meh
01[09:35] {@Threei} Short Setup: TWTR  .60 break
01[09:35] {@Threei}  If holds  .70
01[09:37] {@Threei}  hmmm
[09:38] {RonS} Rebels shoot down two Ukrainian fighter jets near #MH17 crash site: http://bloom.bg/1tzDBqE
01[09:38] {@Threei}  yeah, overnight
01[09:39] {@Threei} Long Setup:  IWM  .80 break
01[09:39] {@Threei}  too fast...
01[09:39] {@Threei}  in on pullback
01[09:40] {@Threei}  If holds  .70
01[09:40] {@Threei}  what the deuce
01[09:40] {@Threei}  I liked yesterday much more
01[09:43] {@Threei}  FB doesn't care about market
[09:43] {nemo} earnings tonight
01[09:48] {@Threei} Long Setup:  FB  ,15 break
01[09:48] {@Threei}  If holds  .05
01[09:50] {@Threei}  1:1
01[09:53] {@Threei}  1:2
01[09:54] {@Threei}  1:3
01[09:55] {@Threei}  out in full
01[09:55] {@Threei}  finally got the right one
[09:55] {dino} gj
01[09:56] {@Threei}  ty
[09:57] {troub} nice vad
01[09:57] {@Threei}  :)
[09:58] {troub} and you spelled FB right :)
01[09:59] {@Threei}  that's a bonus!
01[10:00] {@Threei}  (EU) EURO ZONE JULY ADVANCE CONSUMER CONFIDENCE: -8.4 V -7.5E
[10:06] {RonS} Alberta added 81,800 jobs over the past 12 months while the rest of Canada lost 9,500:
[10:06] {RonS} http://bloom.bg/1tyU3HG
[10:06] {nemo} gotta' love tar sands
[10:06] {dino} cck hl l .90 stop brk lod
[10:07] {RonS} sad, Pat Bowlen, alzheimers...a great Canadian
[10:07] {nemo} yeah, poor bastard
[10:09] {dino} cck stop -.12
[10:10] {nemo} aapl drop of .40
[10:11] {nemo} oh well, nope
[10:12] {dino} irbt hl l .00 stop lod
[10:12] {nemo} the iAcolytes are still out
[10:21] {dino} cck sm l .80 stop .64
01[10:21] {@Threei} Long Setup:  IWM  .10 break
[10:21] {dino} apd spike
01[10:21] {@Threei}  If holds  115
01[10:24] {@Threei}  Invalidated
[10:26] {RonS} tlm halt
[10:28] {nemo} IWM again
01[10:29] {@Threei}  yes, valid again
[10:29] {nemo} took above .05
[10:29] {nemo} well, tna above .20
01[10:29] {@Threei}  thought of 115 break... setup wasn't well defined
[10:30] {nemo} was looking how that piercing pattern set up
[10:30] {nemo} stop to .24
01[10:31] {@Threei}  1:1
01[10:31] {@Threei}  TLM Halted; news pending- Reminder: Earlier reports were that Repsol was considering a bid for the company
01[10:39] {@Threei}  another leg
01[10:40] {@Threei}  even 2
01[10:44] {@Threei}  (RU) President Putin has reportedly organized an emergency meeting of the Duma to discuss Ukraine
[10:45] {RonS} whr missed and guided down wtf...
[10:46] {nemo} watch SNDK when it recovers 95
[10:59] {dino} out irbt .30 +.30
01[11:01] {@Threei} Short Setup: GLD  .70 break
01[11:01] {@Threei}  If holds  .80
[11:05] {dino} whr vsm s .49
[11:14] {dino} wtf whr, huge miss and lowers
[11:14] {RonS} unreal...must have been something on the conf call
[11:15] {nemo} definition of a bull market
[11:16] {nemo} I want to short HLF out of sheer boredom
01[11:17] {@Threei}  hello mr Ackman
[11:17] {nemo} after yesterday's run up, plus it's having trouble with VWAP
[11:18] {nemo} http://goo.gl/2BRCZw
[11:19] {RonS} BREAKING: Talisman Energy acknowledges approach from top Spanish oil company Repsol
01[11:20] {@Threei}  (US) Senate advances bill that would provide business tax credits for returning offshore jobs to the US ("insourcing")
01[11:21] {@Threei}  GLD stop to .76
[11:23] {dino} added whr puts
01[11:24] {@Threei}  Obama orders Pentagon advisers to Ukraine to fend off Putin-backed rebels
[11:24] {RonS} Senate:  We need to put those Central American kids to work immediately...
[11:24] {dino} roflol
[11:25] {nemo} clearing minefields
01[11:25] {@Threei}  lol
[11:30] {nemo} jpm likely going to .60ish
01[11:33] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/686510551428463/?type=1&theater
[11:33] {RonS} and we pay for this crap?  BREAKING: IMF says Fed could keep rate low past mid-2015 if outlook holds
[11:35] {nemo} JPM Vad
01[11:35] {@Threei}  IMF... economic twin of UN
01[11:36] {@Threei}  can't tell nemo, can erverse here just as easy
01[11:36] {@Threei}  reverse
02[11:41] * Disconnected
Session Close: Wed Jul 23 11:41:01 2014

Session Start: Wed Jul 23 11:41:01 2014
Session Ident: #discussions
02[11:42] * Attempting to rejoin channel #discussions
03[11:42] * Rejoined channel #discussions
01[11:45] {Threei}  lost connection
[11:45] {nemo} with reality?
01[11:45] {Threei}  never had that one
[11:46] {nemo} I'm losing touch with reality and I'm almost out of blow....such a fine line....hate to see it go
[11:46] {nemo} ~Jackson Browne
[11:46] {nemo} MON at S3 on the daily and breakout level from May
[11:47] {nemo} and 117
01[12:01] {Threei}  an exhibition in Kyiv saw three men dressed as stereotypical Russians placed in a cage posted with signs saying “Beware of Occupiers” and “Please do not Feed.”
01[12:07] {Threei}  JPM... reversed
01[12:25] {Threei} Long Setup:  WMT  .75 break
01[12:25] {Threei}  If holds  .70
01[12:37] {Threei}  ugh... why didn't we short JPM
[12:54] {dino} cck stop -.13
01[12:57] {Threei}  BRKR Board approves plan to divest certain assets and implement a restructuring program in the Chemical & Applied Markets (CAM) division - filing
01[13:11] {Threei} Long Setup:  JPM  .90 break
01[13:11] {Threei}  If holds  .85
01[13:14] {Threei}  Invalidated
01[13:29] {Threei} Short Setup: LULU  .40 break
01[13:30] {Threei}  If holds  .45
01[13:39] {Threei} Short Setup: GM  .60 break
01[13:39] {Threei}  If holds  .70
01[14:00] {Threei}  stop to .66
[14:00] {dino} calling it a day, tree time in 20
[14:00] {dino} tee
01[14:02] {Threei}  tree time... that's a nice one
01[14:04] {Threei}  feels like rally is coming
01[14:04] {Threei}  keeping IWM on radar
01[14:10] {Threei}  Dutch frustration with Russia in the wake of the MH17 crash is taking on an increasingly personal note, as some called for Vladimir Putin's daughter to be deported from the Netherlands.
01[14:12] {Threei} Long Setup:  IWM  115 break
01[14:12] {Threei}  If holds  .90
01[14:17] {Threei}  Invalidated
01[14:17] {Threei}  for now
01[14:17] {Threei}  on radar still, either for recalibration or re-validation
01[14:17] {Threei}  or whatever big word we come up with
01[14:17] {Threei}  nemo, we need a big word
01[14:17] {Threei}  defenestration?
06[14:22] * Threei slaps nemo around a bit with a Encyclopedy of Big Words
01[14:26] {Threei}  GOOG Said to be in negotiations to take equity stake in Cape Wind - blog- 468 MW Cape Wind project that will be built off the Massachusetts coast
01[14:27] {Threei}  so these guys want to solve energy problem next
01[14:27] {Threei}  somehow I trust them to do that more than WH, Congress etc
01[14:34] {Threei} Long Setup:  IWM  .81 break
01[14:34] {Threei}  If holds  .75
01[14:53] {Threei}  grrr
01[14:53] {Threei}  afternoon of rinses
01[15:15] {Threei}  frikin IWM
01[15:18] {Threei} Long Setup:  FB  .15 break
01[15:18] {Threei}  If holds  .05
01[15:25] {Threei}  Invalidated
01[15:32] {Threei} Long Setup:  FB  .05 break
01[15:32] {Threei}  If holds  .95
01[15:38] {Threei}  OK, I officially hate today's afternoon
01[15:38] {Threei}  have a good evening, see you tomorrow
[15:38] {nemo} you've been saying that alot lately
01[15:38] {Threei}  just yesterday
01[15:38] {Threei}  before that it was fine for a weeks or two
[15:50] {thomcbell} it has been an annoying tape
[15:50] {nemo} especially afternoons
01[15:53] {Threei}  hell... look at FB
[15:53] {nemo} thought you left
01[15:53] {Threei}  I have
[15:54] {nemo} SPY .17 range since 1:45
01[15:59] {Threei}  shoot me now
01[15:59] {Threei}  FB
[15:59] {nemo} earnings
01[15:59] {Threei}  called it
01[15:59] {Threei}  and got rinsed
01[16:06] {Threei}  [FB] Reports Q2 $0.42 v $0.33e, R$2.91B v $2.80Be

Tuesday, July 22, 2014

July 22 2014

Nice strong day with 4 winning trades in the morning and empty afternoon with a stop. 

Session Time: Tue Jul 22 00:00:00 2014
[08:45] {dino> gm
01[08:45] {@Threei>  morning dino
[08:45] {nemo> not really...book night last night...I'm seeing twice as many screes as usual, and I'm hoping I'm typing in the right window
01[08:47] {@Threei>  if we see you flirting with room members, we will assume you did mix up windows
01[08:47] {@Threei>  rather that you changed your preferences
01[08:47] {@Threei>  than
[08:49] {nemo> so, it took until Tuesday to probably get new all time highs
01[08:51] {@Threei>  All Russians, regardless of their place of residence, should have equal opportunities and no one has a right to encroach on citizens' rights, Russian President Vladimir Putin said.
01[08:51] {@Threei>  need translation}
[08:51] {nemo> We're invading Ukraine
[08:51] {dino> bingo
[08:51] {nemo> Interesting though, who benefits from that downed airliner
[08:52] {nemo> }
[08:52] {cosmo> we}
01[08:52] {@Threei>  over last couple days unkrainian army made huge advance
[08:52] {nemo> it hurts to type
01[08:52] {@Threei>  so, I guess the moment when Outin makes final decision is very close
01[08:52] {@Threei>  O=P
01[08:53] {@Threei>  he waged this war as proxy one for as long as he could
01[08:53] {@Threei>  but rebels are being cornered now
01[08:53] {@Threei>  let them lose or invade, is his choice
01[09:05] {@Threei>  Ron, just so you know and are ready to anything:
01[09:06] {@Threei>  [08:45] {nemo> book night last night...I'm seeing twice as many screes as usual, and I'm hoping I'm typing in the right window
01[09:06] {@Threei>  [08:47] {@Threei> if we see you flirting with room members, we will assume you did mix up windows
01[09:06] {@Threei>  [08:47] {@Threei> rather than you changed your preferences
[09:16] {troub> ggood morning you all
01[09:16] {@Threei>  troub :)
01[09:21] {@Threei>  Upside:
01[09:21] {@Threei>  -CBAK +12.8 (momentum)
01[09:21] {@Threei>  -SANM +11% (earnings)
01[09:21] {@Threei>  -CMG +10% (earnings)
01[09:21] {@Threei>  -CBMX +9/3% (signs contract with Stratose Networks Division)
01[09:21] {@Threei>  -CROX +8.2% (earnings)
01[09:21] {@Threei>  -FCEL +5.9% (German govt €5M R&D award)
01[09:21] {@Threei>  -APA +5.8% (Jana Partners disclosed stake)
01[09:21] {@Threei>  -GALE +5.7% (enters agreement to license US rights to Zuplenz)
01[09:22] {@Threei>  Downside:
01[09:22] {@Threei>  -TEP -4.9% (announced potential acquisition of Pony Express Pipeline for $600M and public offering of 7M units)
01[09:22] {@Threei>  -UCTT -3.9% (earnings)
01[09:22] {@Threei>  -HOG -3.2% (earnings)
01[09:22] {@Threei>  -HLF -3.5% (ahead of Pershing Square presentation)
01[09:22] {@Threei>  -MCD -2.4% (earnings)
01[09:22] {@Threei>  -TRV -2.4% (earnings)
[09:25] {ese> mornin
[09:25] {nemo> You have Mao's
[09:25] {nemo> Little Red Book}
[09:26] {RonS> hi ese, all
01[09:26] {@Threei>  ese :)
[09:27] {nemo> think I might have to pray to the bathroom god
[09:29] {ese> ron vad nemo...and dino i'm sure
[09:32] {ese> CIT
[09:32] {nemo> SNDK
01[09:32] {@Threei> Long Setup:  FB  ,50 break
01[09:33] {@Threei>  If holds  .40
[09:33] {nemo> too bad the spread sucks on SNDK
01[09:34] {@Threei>  1:1
[09:35] {nemo> proverbial hair from all time highs
[09:37] {ese> sndk nemo}
[09:37] {nemo> FB likely sell off in front of earnings tomorrow
01[09:40] {@Threei> Short Setup: TWTR  .90 break
01[09:41] {@Threei>  If holds  38
[09:42] {dino> stt sm l .50
01[09:42] {@Threei>  1:1
01[09:42] {@Threei>  1:2
01[09:47] {@Threei> Long Setup:  FB  .85 break
01[09:48] {@Threei>  If holds  .75
[09:48] {dino> out stt .90, +.40
01[09:49] {@Threei>  wtg
01[09:49] {@Threei>  1:1
[09:50] {nemo> making you work for it though
[09:52] {nemo> FB weak
[09:52] {dino> wwd spike.
[09:52] {dino> silc blood
01[09:59] {@Threei>  *(US) JULY RICHMOND FED MANUFACTURING INDEX: 7 V 5E
01[10:00] {@Threei>  *(US) JUN EXISTING HOME SALES: 5.04M V 4.99ME
[10:00] {dino> silc smr l .70
[10:13] {dino> out silc .10, +.40
[10:13] {nemo> grind up yuck
[10:16] {dino> cyh, hca drop
[10:17] {dino> cyn hl l .00
[10:18] {dino> out cyh .56, +.56
01[10:18] {@Threei> Short Setup: GLD  .60 break
01[10:18] {@Threei>  If holds  .70
[10:18] {dino> hurc drop
01[10:22] {@Threei>  1:1
01[10:22] {@Threei>  that's 4th winning tradse in a row, out of 4. May I go home}
[10:23] {dino> sure, you're excused
[10:23] {troub> have to spell "trade" correctly first
01[10:24] {@Threei>  argh... always something
01[10:24] {@Threei>  lol
[10:29] {nemo> mmmhhh...that's the first time I've noticed troub take a shot at Vad...feels good, doesn't it ;-)
[10:30] {nemo> wow what with UTX
01[10:30] {@Threei>  why not... everyone else does
[10:30] {nemo> sniff sniff
[10:30] {dino> living up to his name
[10:31] {RonS> lol...Unclear how much Greek banks need in potential third bailout: http://bloom.bg/1ng6oiJ
01[10:31] {@Threei>  rofl
[10:32] {troub> nnot really a shot. Just a friendly bit of advice. Or else.
[10:32] {nemo> ooooooooooooooooh
01[10:32] {@Threei>  lol
[10:32] {nemo> had to put the sunglasses on
01[10:32] {@Threei>  nemo found comrade
[10:33] {nemo> guys algo is strongly green and spy is not moving up
[10:33] {nemo> we might come in here
[10:33] {troub> giving you a chance vad with my "nnot".  Fair is fair.
[10:34] {dino> utx odd, gap 109.50 area
[10:34] {nemo> yeah
01[10:35] {@Threei>  nah, I will wait for something more lucrative than simple double letter
[10:35] {dino> filled
[10:35] {troub> nemo taught me that.
[10:35] {nemo> huh}  wha}  me do what}
[10:36] {troub> fair is fair.
[10:36] {dino> utx smr l .50
[10:41] {nemo> Nature is unkind
[10:41] {nemo> my hangover is unkind
[10:43] {RonS> hlf rips while ackman acks...
[10:47] {RonS> lol...hope he (Ackman) wraps up the foreplay and gets to it before I doze off
01[10:50] {@Threei>  you liostening to it real time}
[10:50] {RonS> not at all...just reading posts and watching scanner
01[10:50] {@Threei>  oh
01[10:50] {@Threei>  (US) Reportedly Obamacare subsidy payments for healthcare exchanges have been overturned in court ruling, dealing a setback for Obamacare - press - Court throws out the IRS regulation that allows subsidies for insurance that is purchased through federal exchanges - Ruling impacts 5.5M people who received those subsidies - Court returning the case to a lower court with instructions to rule in favor of appellants who had sued to overturn the rule
01[10:52] {@Threei>  [HLF] Pershing's Ackman reviewing Herbalife internal documents that refer to low income people in developing countries as "BOP" ('bottom of the pyramid') - presentation - Says HLF strategy documents show the company deliberately targets lower income people and certain ethnic groups to expand their sales. - By Pershing's calculation the average 'Nutrition Club' loses about $12K per year. - Nutrition Clubs require new members to take a certain number paid classes and to make and consume the shakes during training. "We were told" that new members must bring in invitees to their sponsor's club and make 100 shakes to get stamp certification. The trainee likely is offering the shake for free to their guests and thus has to pay for the shakes themselves.
[10:52] {dino> usna, nus running
[11:03] {ese> thats me "BOP"
01[11:15] {@Threei>  UK official: Russia must re-examine its policy of supporting separatists in east of Ukraine
01[11:16] {@Threei>  Russia: we did. Very effective policy
[11:21] {RonS> Delta cancels all flights to Israel indefinitely, citing report of rocket near Tel Aviv airport
[11:29] {dino> utx to .50
[11:30] {dino> to .70
[11:32] {dino> nemo, thanks for idea on utx, out .85, +1.35
[11:32] {nemo> cool
[11:41] {RonS> imagine kmart had bought walmart in the 1970's...and then spun it off, only to watch it become the current day walmart...that is how mcd is feeling about cmg...
[11:50] {dino> wwd
[11:56] {dino> wwd sm s .42
01[11:59] {@Threei>  speaking of this kind of things, Ron... did you know that Google founders were in negotiations to sell it in its early days, and prospective buyer rejected the deal thinking it was too high priced, at $800K}
[12:01] {RonS> wow
01[12:02] {@Threei>  of course who is to say buyer, should have he bought, would have mader it into what it is
[12:02] {nemo> along that line, a local operation called Simpson Spring was offered the first Coca Cola distributorship in the Northeast.  They didn't think it would sell and stuck with the soda they were carrying  -Moxie
[12:10] {dino> cov wwd .82, +.60
01[12:18] {@Threei> Long Setup:  FB  .50 break
01[12:18] {@Threei>  If holds  .40
01[12:21] {@Threei>  https://www.facebook.com/photo.php}fbid=685978484815003&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[12:23] {dino> cck hl l .51 stop lod
[12:24] {dino> hclp drop
[12:25] {nemo> MCD looks short
01[12:28] {@Threei>  FB valid
[12:28] {troub> keeping FB valid}
01[12:29] {@Threei>  taking long on .50 break
01[12:29] {@Threei>  as for its business model, valid ot nor, I still hate it :)
01[12:44] {@Threei>  EU leaders debate whether further sanctions are needed on Russia
01[12:45] {@Threei>  nah... as one russian stand-up comedian said, "never lived well, no need to start now"
01[12:47] {@Threei>  France's president signalled the disputed delivery of a warship to Moscow would go ahead.
01[12:47] {@Threei>  can you say "arming the enemy"}
[12:48] {cosmo> good for business
[12:51] {cosmo> Napoleon probably wouldnt like it...
[12:59] {dino> cck to .76
[13:01] {dino> out cck .80, +.29
01[13:08] {@Threei>  [HLF] HLF Champman Capital: we were buying HLF shares again today, its our biggest position ever - CNBC interview - Believe the company will emerge with a clean bill of health from FTC investigation
[13:13] {dino> ddd drop
[13:14] {nemo> http://goo.gl/6FMROC
[13:45] {dino> lgnd .00 smr l trig
[13:46] {ese> Ok....just got in from putting gutters on the rental roperty next door........heights are definitely not my thing
01[13:48] {@Threei>  I can relate
[13:52] {dino> out lgnd .42, +.40
[13:53] {RonS> gj, getting back into form eh}
[13:53] {dino> slowly, last week was tough on me
[14:06] {dino> ddd smr l .94
[14:09] {dino> mjn spike
[14:11] {dino> ddd to b/e
01[14:11] {@Threei>  [FB] Announces new features to allow developers to better target mobile users; allowing discrimination between various mobile devices; details 'Custom Audiences' - - Facebook: We are enhancing our mobile targeting for developers. Available in the next few days, you will be able to reach people using specific mobile devices, such as a Samsung Galaxy S5, iPhone 5s, or an HTC One. For example, you can deliver ads to people specifically using a Google Nexus 10 with a minimum OS version of 3.0, who are on Wi-Fi. Previously you could only target iOS or Android, minimum OS version and Wi-Fi only users.
[14:12] {dino> mjn crazy area
[14:19] {dino> udjddmhgf,tyit,f, missed mjn short, wanted 95.30 re-test
[14:19] {dino> 98.30
[14:19] {dino> hit the .20s, but not me
[14:32] {dino> ddd stop .98, +.04
01[14:34] {@Threei>  huh
01[14:34] {@Threei>  no news for this drop
01[14:40] {@Threei> Long Setup:  GLD  .75 break
01[14:40] {@Threei>  If holds  .65
01[14:47] {@Threei>  don't see anything still
[14:47] {nemo> maybe getting out of the way of the aapl conference call
[14:50] {nemo> http://goo.gl/kkOypc
[14:52] {RonS> like the egg pic better...
[14:52] {nemo> each have their charm, love the look on the dog on the left
[14:53] {RonS> ya...loks like it has been drinking or just got laid...
[14:59] {dino> ddd sm l .55
[15:02] {dino> lol, eating some shelled peanuts at my desk, what a mess
[15:03] {RonS> ya, i need to do that outside...uncontrollable...
01[15:03] {@Threei>  lol
[15:03] {dino> parts of shell everywhere
[15:04] {dino> loks like a peanut bomb went off
[15:04] {dino> not the ideal trading snack
[15:14] {RonS> wow hld +14 from low
[15:14] {RonS> hlf
[15:15] {dino> ackman really didn't bring anything new on it
01[15:16] {@Threei>  Ackan: but I gave such a great presentation...
[15:27] {dino> out ddd .80, +.25
[15:33] {dino> lol, 8 of 10, and one of the 2 stops is at flat
[15:34] {dino> pretty much calling it a day on that
01[15:39] {@Threei>  great morning, totally empty afternoon for me
[15:40] {dino> db lod
[15:45] {dino> gap at .68 area
01[15:46] {@Threei>  ok guys, thank you all, decent day
01[15:47] {@Threei>  have a great evening, see you tomorrow

Monday, July 21, 2014

July 21 2014

Catch of the Day, VXX 1:4 


Overall, very nice strong day with good winning trades in both directions.


Session Time: Mon Jul 21 00:00:00 2014
[08:47] {dino} gm
01[08:47] {@Threei}  morning dino
[09:11] {troub} good morning you all
01[09:11] {@Threei}  troub :)
[09:18] {RonS} gm gents
01[09:18] {@Threei}  ron :)
01[09:18] {@Threei}  look at my saturday catch guys: https://www.facebook.com/photo.php?fbid=685254351554083&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[09:19] {RonS} wow nice, the reflection off the spray makes it special
[09:20] {Raven} fly rod with 8 pound test leader?
01[09:20] {@Threei}  yup, golden hour... went on evening trip on purpose
01[09:20] {@Threei}  lol
01[09:26] {@Threei}  FB a lot of strength, considering SPY gap down
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -SSW +9.5% (positive broker comments)
01[09:27] {@Threei}  -NFLX +1.7% (positioning on earnings, company reports ATC)
01[09:27] {@Threei}  -KNDI +7% (China waiving sales tax on electric cars made by Chinese automakers)
01[09:27] {@Threei}  -EGAS +7% (rejects AQN.CA acquisition offer)
01[09:27] {@Threei}  -EXTR +14% (prelim results)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -YUM -1.6% (Chinese meat supplier investigation, announced 7/20)
01[09:27] {@Threei}  -WYNN -0.9% (sector down on Macau news, LVS/MPEL down slightly)
01[09:27] {@Threei}  -MCD -0.6% (Chinese meat supplier investigation, announced 7/20)
01[09:32] {@Threei} Short Setup: FB  69 break
01[09:32] {@Threei}  If holds  .10
01[09:32] {@Threei}  1:1
01[09:35] {@Threei} Short Setup: MCD  .40 break hl
01[09:35] {@Threei}  ugh
01[09:35] {@Threei}  too fast
01[09:35] {@Threei}  disregard
[09:35] {nemo} iwm at 200 day
01[09:36] {@Threei} Long Setup:  YHOO  .35 break
01[09:36] {@Threei}  If holds  .30
[09:38] {troub} jumped my .36
01[09:41] {@Threei}  meh
01[09:42] {@Threei}  If holds  .50
01[09:42] {@Threei} Long Setup:  FB  .60 break
01[09:43] {@Threei}  1:1
01[09:43] {@Threei}  lol, was that Yoda call or what
01[09:43] {@Threei}  1:2
[09:45] {dino} rkt smr l .50 hooker
01[09:45] {@Threei}  1:4
01[09:45] {@Threei}  out
01[09:54] {@Threei} Short Setup: IWM  .85 break
01[09:55] {@Threei}  If holds  .95
[09:55] {nemo} whoa can't short IWM
01[09:55] {@Threei}  got away... too fast
01[09:56] {@Threei} Short Setup: GLD  .15 break
01[09:56] {@Threei}  If holds  .25
[09:57] {nemo} fb
[09:57] {nemo} FB
[09:57] {nemo} broke
[09:58] {dino} out rkt .00, +.50
[09:59] {ese} gm
[09:59] {troub} nice one dino
[09:59] {dino} ty
01[09:59] {@Threei}  ese :)
[09:59] {dino} pattern 95.40-96.00
[10:00] {ese} vad dino
[10:00] {dino} ese
[10:00] {ese} been away for a few days...got in late last night
[10:00] {ese} anything new and exciting
[10:00] {nemo} On the road again...
[10:01] {ese} relatives
[10:01] {ese} wife's sisters and brother are in vancouver
[10:02] {nemo} in-laws rate right up there with flossing with barbed wire
[10:03] {ese} lol
[10:03] {ese} in this case your definitely correct with one of them
[10:03] {nemo} YUM might bounce around 74.60
[10:04] {nemo} Yeah, given your the resident Bolshevik  I derive a certain schadenfreude from your suffering
[10:04] {nemo} your=you're
[10:05] {ese} lol
[10:05] {ese} anytime anytime
01[10:08] {@Threei} Short Setup: MCD  98 break
01[10:08] {@Threei}  If holds  .10
[10:09] {nemo} shit, took my eyes off youm
[10:09] {nemo} YUM
[10:10] {nemo} ADBE  72  and then 72.30ish level important
[10:11] {dino} nemo, you seeing any panic today?
[10:11] {nemo} zip zed nada
[10:11] {dino} same, feels slow
[10:11] {nemo} red side stronger on the algo, but not real strong
[10:12] {nemo} mid july Monday
[10:12] {nemo} vxx stronger today
01[10:12] {@Threei}  1:1
[10:12] {dino} yeah, holding vxx calls from friday
01[10:13] {@Threei}  ese, look what I caught this saturday:
01[10:13] {@Threei}  https://www.facebook.com/photo.php?fbid=685254351554083&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[10:13] {nemo} your sister came to visit?
[10:14] {dino} was looking for a bit of weekend chaos, but again, markets doesn't really care
[10:14] {nemo} yeah, was saying to somebody this weekend the markets need the Yellowstone caldera to blow to get any volatility
[10:14] {dino} lol
[10:16] {nemo} Was over at Patriot Place this weekend, which is the shopping complex attached to the Patriot's stadium.  Germans everywhere, so Europe is pretty much on vacation
[10:16] {dino} hmmm
[10:17] {nemo} ADBE
01[10:19] {@Threei} Long Setup:  YHOO  .55 break
01[10:19] {@Threei}  If holds  .45
01[10:19] {@Threei}  (UR) White House: Pres Obama plans to issue statements on the Ukraine issue at 1050ET - Ukraine Govt separately indicates it has seized control of the Donetsk airport; following other reports that multiple cities in Luhansk and in the Donetsk region had come back under the Ukraine govt control.
[10:22] {dino} out vxx calls, +.20/7.5%
[10:27] {ese} wow vad!!  were you out in the strait here just off victoria somewhere
01[10:28] {@Threei}  yes, near San Juan island
[10:29] {ese} that would have cool to see
[10:29] {ese} been cool
01[10:29] {@Threei}  saw about 10 breaches
01[10:29] {@Threei}  caught 2 on camera
01[10:30] {@Threei}  stop to .49
[10:31] {nemo} I shorted ADBE but got out, it was boring me to death
01[10:32] {@Threei} Long Setup:  VXX  .55 break
01[10:32] {@Threei}  If holds  .45
[10:33] {RonS} O talk re Ukraine at 50...which means 20 minutes after that...
01[10:33] {@Threei}  half out
[10:33] {nemo} well, he has to get in his 100 or so obligatory "I"s first
01[10:34] {@Threei}  1:1
01[10:36] {@Threei}  1:2
01[10:37] {@Threei}  1:3
01[10:39] {@Threei}  1:4, out
01[10:42] {@Threei}  wow, has even more
01[10:42] {@Threei}  with no single red bar
01[10:43] {@Threei}  the power of bear moves... love it
[10:46] {dino} gj
01[10:46] {@Threei}  ty
[10:55] {RonS} sm l dva .05
[10:59] {nemo} for the non-risk averse V under 200 looks good short
[11:04] {nemo} VXX looks short
01[11:05] {@Threei} Long Setup:  IWM  .30 break
01[11:05] {@Threei}  If holds  .20
01[11:07] {@Threei}  1:1
[11:23] {nemo} here we go again, pop a buy order into wdc, as soon as I hit "buy" and order gets there first
[11:24] {nemo} another order
[11:27] {dino} xiv hl l .20
[11:38] {dino} xiv stopped .99 -.21
[11:40] {dino} damn rinses lately
[11:41] {dino} hl l .18
01[12:06] {@Threei} Long Setup:  VXX  .80 break
01[12:06] {@Threei}  If holds  .70
[12:34] {dino} sndk sm l .90
[12:35] {dino} rkt smr l .26
[12:36] {nemo} what's ur stop on sndk?
[12:41] {nemo} frickin Jet's fan
[12:42] {RonS} lol
01[12:43] {@Threei}  lol
[12:45] {dino} .66
[12:45] {nemo} figures
[12:46] {nemo} look where S1 is though
[12:46] {dino} yeah, make is .59
01[12:49] {@Threei}  1:1
[12:50] {nemo} http://goo.gl/3f3MiO
[12:56] {nemo} if you want to take a look at what's been on the algo today:  http://goo.gl/w8Tqxk
[13:00] {nemo} Hey Dino:  http://www.foxsports.com/nfl/story/rex-ryan-patriots-should-worry-about-jets-not-other-way-around-072114
[13:09] {dino} rex is losing it
[13:09] {RonS} t?
[13:10] {nemo} if he doesn't perform this year he's out
[13:10] {dino} should have been out w/sanchez. what a mess that was
[13:17] {dino} sndk to .40
[13:20] {dino} detroiters protest water shutoffs. won't pay past due water bills. united nations panel backs them saying water is a basic human right..... unbelievable
[13:20] {nemo} yeah, half of them paid when they were first shut off
[13:21] {dino} whats next crapping, don't pay sewer bills? the u.n.l is out of its mond
01[13:21] {@Threei}  everything is a basic human right
01[13:22] {@Threei}  housing
01[13:22] {@Threei}  job
[13:22] {nemo} cable cell phone
[13:22] {nemo} internet
01[13:22] {@Threei}  big screen tv
01[13:22] {@Threei}  anything under 50", file a complaint with UN
[13:22] {nemo} funny, someone has to work to pay for other's "rights"
[13:27] {RonS} only thing un protects is someone's right to be murdered...
[13:28] {dino} un is a bunch of idiots, we should get out of it
[13:30] {dino} out rkt .55, +.35
[13:30] {dino} opps, +.29
[13:39] {nemo} Funny, remember talking to my NSA uncle back in the 80's about the idiocy of the UN and how we should get them out of NY.  He said, "Nah, we have them all in one place, much easier to spy on them."\
[13:39] {nemo} MPC looks short here
[13:39] {nemo} below .95
[13:40] {nemo} could go to the figure
[13:44] {dino} sndk to .60
[13:51] {dino} out sndk .60, +.70
01[13:55] {@Threei}  wtg
[13:57] {dino} ty
[13:58] {nemo} might get a SNDK bounce here
01[14:28] {@Threei}  HLF Carl Icahn has still not sold any part of his stake in the company - Fox Business' Gasparino citing sources
01[14:42] {@Threei} Long Setup:  IWM  .80 break
01[14:42] {@Threei}  If holds  .70
01[14:47] {@Threei}  change to .70 break
01[14:47] {@Threei}  If holds  .60
01[14:52] {@Threei}  half out
01[14:53] {@Threei}  1:1
01[14:53] {@Threei}  [HLF] Responds to Ackman accusations; Highlights Positive Impact of Nutrition Clubs on Members, Consumers and Communities
[14:55] {RonS} says hlf has done more to help people than that community activist who vacations from the white house...
01[14:56] {@Threei}  well... I guess
[15:01] {RonS} crack outbreak alert:  Putin increasingly viewed as weaker than Obama on world stage: http://bloom.bg/WxlSpq
01[15:03] {@Threei}  that's what, a church mice level of strength?
[15:04] {cosmo} maybe he's using the 'more humble' ploy?
[15:04] {RonS} just the press' wishful thinking...
[15:04] {cosmo} its just looks weaker...
01[15:26] {@Threei}  1/4 more out
01[15:26] {@Threei}  1:2
[15:31] {RonS} outta here early, see you guys in the a.m....
01[15:31] {@Threei}  take care ron
01[15:31] {@Threei}  will try to squeeze more out of IWM
01[15:31] {@Threei}  good chance of 1:4
01[15:54] {@Threei}  3 min, IWM
01[15:54] {@Threei}  run
01[15:54] {@Threei}  fly
01[15:54] {@Threei}  jump
01[15:54] {@Threei}  whatever
01[15:58] {@Threei}  ok, time has run out
01[15:58] {@Threei}  1:2 is it
01[15:58] {@Threei}  out, and happy with today
01[15:58] {@Threei}  thank you all, have a good evening
01[15:58] {@Threei}  see you tomorrow
[16:00] {dino} gn

Friday, July 18, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateMarkets Shake Off New Ukraine Tragedy



- Global equities continued their steady march higher in the first half of the week. The DJIA closed at a record high on Wednesday while the S&P500 came within points of its record high earlier in July. Decent earnings reports from the big US banks and other blue chip firms, plus another healthy dose of M&A deals, including Fox's $80 billion bid for Time Warner, helped underpin the gains, while there was little negative economic data to get in the way. In the US, the June retail sales numbers were strong after ignoring a decline in reported auto dealer sales. On Thursday, all three US indices lost more than 1.0% after Air Malaysia flight MH17 was shot down over eastern Ukraine, in territory controlled by the pro-Russia separatists, with declines exacerbated by an escalation of the Israel-Hamas conflict as well as negative housing data in both the US and China. World leaders have called for an independent investigation of the tragedy, but the evidence strongly indicates that the rebels most likely downed the commercial airliner after mistaking it for a Ukrainian military transport. Markets erased all of the losses on Friday, however there is a feeling that the crash has drawn the western powers closer to confrontation with Russia. Even at the height of the selloff in the wake of Air Malaysia disaster, selling was orderly, showing no signs of panic. For the week, the DJIA gained 0.9%, the S&P500 rose 0.5% and the Nasdaq added 0.4%.

- In Ukraine, there have been calls for a ceasefire to facilitate an international investigation of the MH17 crash. Wielding the threat of more sanctions, President Obama again demanded Russia use its influence to curb separatist violence, while both the OSCE and US intelligence are fingering the pro-Russia Ukraine rebels for shooting down the airliner. German Chancellor Merkel warned that if it is found that a missile attack brought down the plane, it would constitute a grave escalation of the crisis. In the meantime, Russia President Putin and the rebels are loudly declaring their innocence. Less than 24 hours before the plane was downed, the US added Gazprombank, Rosneft Oil and other Russian companies and officials to its sanction list, while the EU was reportedly close to adding more sanctions.

- Fed Chair Yellen provided her semi-annual monetary policy report to Congress this week, including testimony before House and Senate subcommittees. Little new emerged from the testimony, as Yellen more or less reiterated all her standard policy positions. Yellen said rates would be more accommodative if the economic performance is disappointing and could increase sooner if the labor market continues to improve faster than expected. Some market participants seemed to believe Yellen took a more hawkish tone, however on the whole she stuck to her prior talking points. The one interesting note came in the text of the full Monetary Policy Report, which warned that small cap biotech and social media valuations are a bit high relative to historical norms. Shares of momentum tech and biotech names dropped after the report was disclosed. Some on Wall Street derided the Fed for commenting on such specific market segments, while others merely took it as a signal from the central bank that it is keeping a close eye on all markets.

- The June US housing starts and building permits numbers were not confidence-inspiring. The monthly starts missed expectations by over 100K and the reading was at its lowest level since September 2013. Meanwhile the May starts figure was revised lower. June single-family starts fell to 575K, their lowest level since November 2012.

- Morgan Stanley and Goldman Sachs both beat earnings and revenue expectations in second-quarter results, with strong gains in investment banking revenue helping to drive profits higher. JPMorgan's headline numbers also met consensus targets, but profit fell 8% y/y and revenue declined 3% y/y, while fixed income and equity revenue fell 15% y/y. Both Citigroup and Bank of America beat earnings expectations, although both banks took very large litigation charges that cut profit totals significantly in the quarter: Citi took a $3.8B charge and BoA took a $4.0B charge, both were related settlements DoJ investigations of mortgage-backed securities fraud.

- In one of the more surprising tech stories this week, ancient rivals IBM and Apple entered a cloud computing and mobile device partnership. Under the deal, IBM will sell Apple devices with newly created business apps using IBM's big data framework. IBM's headline earnings were mixed, although revenue declined a hair y/y, dragged lower by much slower server sales. Shares of AMD fell sharply after the company reported revenue in its computing solutions chip unit was down 20% y/y. Intel's numbers were pretty strong, although its efforts to break into mobile continue to suffer.

- Microsoft said it would lay off up to 18,000 workers over the next year, and take a pretax charge of $1.1-1.6 billion to pay for the cuts. Two thirds of these cuts come in Microsoft's ill-fated hardware division, representing about half of the total employees that the Nokia deal brought into the company in April.

- Industrials General Electric, Honeywell and Johnson Controls reported solid, in-line earnings. Both GE and HON met expectations on good earnings and revenue growth, with FY14 guidance reaffirmed. With divestiture and restructuring costs, JCI's earnings were down sharply, but ex-costs the firm did well.

- Massive M&A deals were back in headlines. Rupert Murdoch's Twenty-First Century Fox made a $85/share, $80 billion bid for Time Warner, which rejected the bid. Subsequent reports indicated Fox could expand its offer up to $100/share. AbbVie reached a deal worth roughly $55 billion in cash and stock to combine with Shire. In other deal flow, AECOM agreed to acquire URS Corporation for $56.31/share in cash and stock in a deal valued about $6B, and Kodiak Oil & Gas agreed to be acquired by Whiting Petroleum in an all-stock transaction valued at $6B.

- For most of the week, EUR/USD remained locked in the same two big-figure range it has held since May. Key support in the pair remains the 1.3503 post ECB low in June and the 1.3477 January low. On Friday, cable took a nose dive as chatter made the rounds that an interview would be published over the weekend in which BoE Governor Carney made dovish comments. GBP/USD dropped from 1.7095 to 1.7040, prompting a denial from the BoE.

- On Monday the BOJ cut its FY14/15 GPD forecast to 1.0% from 1.1% as part of its quarterly review of targets and reiterated projections for FY15/16 and FY16/17 GDP as well as FY14-17 inflation. The BoJ maintained its economic assessment for the 12th consecutive meeting, commenting that "effects of decline in demand following front-loaded increase prior to consumption tax hike are expected to wane gradually." There were reports that the government would boost its economic outlook in the upcoming monthly report for the first time since January.

- China's Q2 GDP (+7.5%) and June industrial production (+9.2%, a five-month high) topped expectations, which in turn tamped down expectations that Beijing would be forced to add more stimulus beyond the targeted measures already being taken. Property investment numbers for the first half of the year were ugly: sales fell 6.7%, property construction fell 16% and home sales value declined 9.2%. The National Bureau of Statistics warned that cooling in the property market, while a reasonable adjustment, could create more pressure on broader economy. Later in the week, a report showed June property prices fell sequentially for the second consecutive month and the newly appointed Land and Resources minister signaled more tolerance for easing curbs on property investment.






July 18 2014

Catch of the Day, nice and easy 1:3 on IWM 


Very nice day overall, slow but steady, finishing with 1:2 AAPL short. 

Session Time: Fri Jul 18 00:00:00 2014
[08:43] {dino} gm 3i
01[08:49] {@Threei}  morning dino
01[08:58] {@Threei}  Malaysia airline is about done
01[09:02] {@Threei}  http://www.kyivpost.com/content/ukraine/separatists-admit-downing-a-civilian-plane-in-tapped-conversation-full-transcript-356545.html
01[09:06] {@Threei}  [HLF] Independent Herbalife Members Demand Opponents Stop Lies and Smears Herbalife will hold a press conference during the Herbalife Extravaganza in Chicago in order to take a stand against the continuing campaign of attacks and misinformation being waged by Bill Ackman and Pershing Square Capital Management
[09:08] {RonS} gm...that chimp w/ a gun post was very apropos...
01[09:08] {@Threei}  ron :)
[09:16] {nemo} sndk and kors look long, as do the indexes
[09:17] {troub} good morning
[09:17] {nemo} do something about that, will ya' Vad
01[09:17] {@Threei}  troub :)
01[09:19] {@Threei}  oh god
01[09:20] {@Threei}  the same family that lost two members in flight 370 disappearance, lost another two in yesterday's crash
01[09:21] {@Threei}  Angela Merkel: Talk of Russia sanctions after Malaysia Airlines plane crash in Ukraine 'premature'
01[09:22] {@Threei}  frau Ribbentrop
[09:22] {nemo} vxx dropping like a stone
[09:23] {dino} can't keep this bull down
[09:23] {nemo} only game in town
01[09:25] {@Threei}  YHOO gap is meek
01[09:25] {@Threei}  leeping an eye for short
01[09:25] {@Threei}  l=k
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -GTIV +12.0% (rejection of KND offer, positive broker comments)
01[09:26] {@Threei}  -ICLD +10.3% (announced new FY14 business backlog of more than $23M)
01[09:26] {@Threei}  -SWKS +9.3% (earnings)
01[09:26] {@Threei}  -REGN +9.2$ (positive 2-year Phase 3 VIVID-DME Trial of EYLEA (aflibercept) Injection results)
01[09:26] {@Threei}  -ERIC +7.7% (earnings)
01[09:26] {@Threei}  -PBR +5.0% (Chinese interest in Brazil oil, gas, petrochemicals)
01[09:26] {@Threei}  -GOOG +3.6% (earnings)
01[09:26] {@Threei}  -EWZ +3.4% (Brazil July Industrial Confidence/Inflation numbers)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -RP -23.6% (earnings)
01[09:27] {@Threei}  -NQ -22.8% (dismissal of PwC as auditor, new auditor is Bernstein & Pinchuk LLP)
01[09:27] {@Threei}  -AMD -17.1% (earnings)
01[09:27] {@Threei}  -CX -2.6% (earnings)
01[09:31] {@Threei} Short Setup: YHOO  .15 break
01[09:31] {@Threei}  If holds  .25
01[09:36] {@Threei}  no go
01[09:40] {@Threei} Long Setup:  FB  .70 break
01[09:40] {@Threei}  If holds  .60
01[09:40] {@Threei}  two-sided
01[09:42] {@Threei}  VXX decent bounce
01[09:48] {@Threei}  sheesh FB
01[09:49] {@Threei} Long Setup:  IWM  .70 break
01[09:49] {@Threei}  1:1
01[09:51] {@Threei}  1:2
01[09:51] {@Threei}  1:3
01[09:52] {@Threei}  out
01[09:54] {@Threei}  *(US) JULY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 81.3 V 83.0E
[09:56] {dino} added sndk calls
01[10:12] {@Threei} Short Setup: HLF  .50 break hl
01[10:12] {@Threei}  If holds  .65
[10:16] {dino} hubg drop
01[10:17] {@Threei}  1:1
[10:24] {nemo} VXX likely to be a long this afternoon
01[10:28] {@Threei}  (UR) Germany Chancellor Merkel: If it is found that a missile attack brought down the Malaysia airlines passenger plane, would constitute a grave escalation of the crisis
01[10:28] {@Threei}  wow, really?
01[10:34] {@Threei} Long Setup:  WMT  .60 break
01[10:34] {@Threei}  If holds  .50
[10:37] {dino} hubg smr l .45 hooker
[10:39] {cosmo} plane was off course, of course
01[10:41] {@Threei}  well, not as much as flight 370
01[10:46] {@Threei}  1:1
[10:52] {cosmo} just enough to get into a war zone...
01[10:56] {@Threei}  1:2
[11:05] {dino} aapl smr l .90
01[11:06] {@Threei}  [GLW] Forbes piece speculates that GLW could be an attractive takeover target - Cites the company's relatively depressed market value and high free cash flow yield as attractive to a buyer.
[11:06] {nemo} wonder who paid to plant that
[11:06] {dino} glw did
01[11:07] {@Threei}  hehe
[11:07] {nemo} cynic
[11:08] {dino} aapl to flat
[11:13] {dino} odd, nus crushed but not hlf
[11:14] {dino} out aapl .96, +.06
[11:19] {RonS} nus got a bac downgrade
[11:20] {dino} hubg stop .09 -.36
[11:23] {dino} kors smr l .97
01[11:37] {@Threei}  1:3
01[11:37] {@Threei}  out
01[11:37] {@Threei}  good boy WMT
[11:43] {dino} gj
01[11:46] {@Threei}  ty
01[12:03] {@Threei}  "The word "genius" isn't applicable in football. A genius is a guy like Norman Einstein."
01[12:03] {@Threei}  --Joe Theisman, NFL football quarterback & sports analyst.
[12:03] {cosmo} he's thinking of a different Norman
01[12:07] {@Threei}  (UR) President Obama: At least one US citizen died in MH17 crash, evidence indicates plane was shot down by a surface-to-air missile fired from an area controlled by Russia-backed separatists - We know that these separatists have received a steady flow of support from Russia - This was an "outrage of unspeakable proportions" - There must be an immediate ceasfire in Ukraine - Russia continues to support separatists and has not used its influence to help stop the violence - Would be too soon to assume the 'intentions' of those who fired the missile - US has the capacity to increase sanctions against Russa and is ready to do so, there is no military role for the US in Ukraine - Israel has the right to defend itself, but concerned about risk of escalation in Gaza conflict
[12:09] {nemo} too funny I place a short order and an order appears just ahead of me as soon as I push the button
01[12:11] {@Threei}  time to find that camera in your office
[12:11] {nemo} algo's on different feeds from the SIP
[12:13] {nemo} they're seeing my order before it goes through the SIP and gets posted
[12:18] {dino} kors stop
01[12:46] {@Threei}  Merkel: France must suspend delivery of Mistrals to Russia
01[13:03] {@Threei}  watching VXX for pullback entry
[13:10] {nemo} there was your pullback
01[13:10] {@Threei}  hmmm
01[13:10] {@Threei}  no
01[13:10] {@Threei}  should be a bit deeper one
01[13:10] {@Threei}  it's too early for a full-out drop
[13:11] {nemo} not for a Friday
[13:11] {nemo} when there is geopolitical tensions
[13:11] {nemo} are
01[13:11] {@Threei}  is... it's all ope thing
01[13:11] {@Threei}  one
[13:17] {nemo} should get to .30ish
[13:19] {nemo} buy under 28?
01[13:19] {@Threei}  I'd prefer closer to .90
01[13:20] {@Threei}  too high risk of a rinse otherwise
01[13:20] {@Threei}  ideally, drop under .90 and byt on recross
[13:20] {nemo} .92 breakout area
01[13:24] {@Threei}  ok
01[13:24] {@Threei} Long Setup:  VXX  .90 break
01[13:24] {@Threei}  If holds  .80
[13:27] {nemo} sob
01[13:27] {@Threei}  who? why?
[13:28] {dino} its working
[13:28] {nemo} jumped my order
[13:28] {nemo} not used to seeing it jump like that
[13:28] {dino} had bs in at .90, in at .899
[13:29] {nemo} oh a stop order?
[13:29] {dino} yes buy stop
01[13:29] {@Threei}  1:1
[13:30] {nemo} should be able to ride this for the rest of the afternoon
[13:30] {dino} added some calls in other account
[13:30] {nemo} vwap run anyway
01[13:30] {@Threei}  I will call this entry a perfect example of patience, thoughtfullness and, if I weren't as modest as I am, I'd call it wisdom
[13:31] {nemo} how's the shoulder?
[13:31] {dino} messing w/the trading gods
01[13:31] {@Threei}  :)
[13:31] {nemo} may I recommend an overdose of morphine?
01[13:31] {@Threei}  YES!!
01[13:31] {@Threei}  please
[13:31] {nemo} it'll kill my pain
01[13:31] {@Threei}  even if I take it?
01[13:32] {@Threei}  damn, this is one srious overdose
[13:32] {nemo} that's the point
01[13:33] {@Threei}  it wasn't until I got a kidney stone that I had a chance to appreciate just how far modern painkillers go... I could spend the rest of my life in that state, lol
01[13:36] {@Threei}  so, what do you call it when you know for sure, see it with your own eyes, can touch it - that something happened, and are being told right in your face that it didn't?
01[13:36] {@Threei}  Russian Defense Ministry: Russian military equipment, including Buk systems, not crossed border at Ukrainian section
[13:36] {nemo} the pain of marriage causes flight hallucinations
[13:36] {nemo} anywhere  but there
[13:37] {nemo} vxx wasn't supposed to do that
01[13:38] {@Threei}  (US) Panel of US judges have reportedly voted in favor of early release of some drug offenders from federal prisons - press - Congress can block the measure, but unblocked could lead to more than 45K prisoners being released by the end of the year next year - Reminder: on 1/30 DoJ said to be considering commuting the sentences of individuals convicted of low level drug charges
01[13:40] {@Threei}  english translation of the recprding I listened to yesterday appeared
01[13:40] {@Threei}  http://edition.cnn.com/2014/07/18/world/europe/ukraine-mh17-intercepted-audio/index.html?eref=edition
01[14:21] {@Threei}  so much for our theories, eh nemo? :)
[14:21] {nemo} yeah, well one theory deserves another
[14:22] {nemo} bull market
[14:28] {nemo} we're less than a buck from all time spy highs
[14:29] {dino} they are going to take this market to 20k before this bull dies
[14:29] {dino} one and two day corrections are all it gives up
[14:29] {nemo} well next year is the traditional retrace in a president's second term
[14:31] {dino} world is going to hell, but no fear in markets
[14:31] {nemo} and with interest rate's this low, no other game in town
[14:31] {nemo} Eh, it's not that bad
[15:02] {dino} ns drop
[15:03] {dino} smr l .08
[15:06] {nemo} wouldn't it be funny if we hit all time highs today
[15:07] {nemo} less than .60 away
01[15:09] {@Threei}  probably not, but doesn't smell like selling either
[15:10] {nemo} not a sign of selling on the algo
[15:11] {nemo} 90+ % of the available universe spoken for  93 stocks on strong side 23 on weak
[15:19] {nemo} looking like gap up Monday if no major news this weekend
01[15:21] {@Threei}  very much so
01[15:21] {@Threei}  although with all the tensions all over the world, I weouldn't want to carry any positions over the weekend
01[15:21] {@Threei}  anything's possible
[15:21] {nemo} they're hanging this on that plane, nothing else out of the ordinary going on
01[15:22] {@Threei}  Israel
01[15:22] {@Threei}  ISIS
[15:22] {nemo} that's not new
[15:22] {dino} problem is, most of the moves lately are gaps
[15:22] {nemo} Middle East has always been a cesspool
[15:22] {dino} not in, tough to play
01[15:22] {@Threei}  not new but dgree of tension changes, and right now it's very hgih
01[15:22] {@Threei}  yes dino... but still, better than to get caught on the wrong side
[15:23] {dino} ms stop .95 -.13
[15:24] {dino} don't know 3i, the wrong side only lasts a day
[15:24] {nemo} well, vxx will tell us if anybody is worried going into the weekend
[15:25] {dino} trying to get exposure for it through calls
[15:27] {dino} rise day for me, aapl, hubg, ns
[15:28] {dino} opps, rinse day
[15:28] {nemo} use conditioner myself
01[15:32] {@Threei} Short Setup: AAPL  ..37 break
01[15:32] {@Threei}  If holds  .45
[15:33] {nemo} BREAKING: Portugal's Banco Espirito Santo says it can't meet obligations, asks to be placed under 'controlled management'
[15:33] {nemo} if this doesn't do anything, go long
[15:34] {RonS} straight jacket?
01[15:35] {@Threei}  lol
[15:35] {nemo} that news isn't moving the market
[15:35] {dino} nobody cares about anything anymore
[15:35] {nemo} nope
[15:35] {dino} no fear
01[15:35] {@Threei}  it was at 14:49
01[15:36] {@Threei}  why would it move market now
01[15:36] {@Threei}  also... think of it this way
[15:36] {nemo} every dip is bought, look at spy daily, can't even drop the upper 3rd of the channel
[15:36] {nemo} the vxx isn't moving
[15:36] {nemo} no fear, nobody buying puts
01[15:36] {@Threei}  EU threw money at Greece, Portugal, Ireland and whatnot, to save itself,
01[15:36] {@Threei}  why would it be any different this time
[15:37] {nemo} didn't say it would be different
01[15:37] {@Threei}  someone else goes banrupt? it's not like they are going to say "oh well, OK, let's go home"
[15:37] {nemo} just stating..that bank is going under and the market doesn't care
01[15:37] {@Threei}  market doesn;t care for exactly this reason
01[15:37] {@Threei}  it knows it will be saved
01[15:38] {@Threei}  cover half AAPL
01[15:38] {@Threei}  stop to .41
01[15:43] {@Threei}  coveryin in full
01[15:44] {@Threei}  +.20
[15:44] {dino} gj
01[15:45] {@Threei}  ty, decent day
[15:45] {nemo} considering it was a grinder
[15:45] {nemo} any comments Ron?
[15:45] {dino} neg here
[15:45] {RonS} good week here ...ty guys
[15:45] {nemo} you sick Ron?
[15:46] {dino} ron, you're not posting trades anymore, why?
[15:46] {nemo} he's falling of on his Ronisms
[15:47] {nemo} so the 50 SMA is the IWM top
01[15:56] {@Threei}  OK guys, thank you all
01[15:56] {@Threei}  have a great weekend, see you Monday, unless world falls apart
01[15:57] {@Threei}  in which case see you Tuesday when they fix it
[15:59] {dino} gn all