Monday, September 15, 2014

Sept 15 2014

Shorts worked for the most part of the day, longs were shaky although couple of them were fairly nice too. Ended up slightly positive although not entirely satisfied, some of the stops were avoidable.

Session Start: Mon Sep 15 00:00:01 2014

[09:00] {RonS} gm...avnr...what happens w/ 16 mil sh short
01[09:00] {@Threei}  morning ron
01[09:02] {@Threei}  [AVNR] Reports positive phase II trial results for AVP-923 in treatment of agitation in patients with Alzheimer's Disease
[09:02] {RonS} alcohol doesn't work?
01[09:03] {@Threei}  weird eh?
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
[09:18] {troub} good morning
01[09:18] {@Threei}  troub :)
[09:19] {dino} cool, the athm calls sold after i left friday, +.50/10%
01[09:19] {@Threei}  nice
[09:26] {ese} mornin ladies and gents....just poppin quick before hitin the picket line at 7:30 here
01[09:26] {@Threei}  hey ese
[09:26] {ese} poppin in
[09:26] {ese} hey vad.....
[09:26] {ese} hows the mrkt
01[09:26] {@Threei}  will this crap ever end
[09:27] {ese} who knows
[09:27] {ese} it's not affecting Christy Clarks kids though......they go to private school of which the govt funds 50%
[09:30] {RonS} if it's like Denver 80% of the student body would be kids of public school teachers...
[09:32] {ese} yup pretty much.....about 500,000 kids
01[09:32] {@Threei} Long Setup:  FB  .90 break
[09:32] {ese} in bc
01[09:32] {@Threei}  If holds  .80
01[09:34] {@Threei}  1:2
01[09:34] {@Threei}  beautiful explosion
01[09:38] {@Threei} Long Setup:  IWM  .80 break
01[09:38] {@Threei}  If holds  .70
01[09:39] {@Threei}  no go
01[09:42] {@Threei}  .l twtr .75 break
01[09:42] {@Threei} Long Setup:  TWTR  .75 break
01[09:42] {@Threei}  If holds  .65
01[09:45] {@Threei}  ugh
[09:45] {dino} npsp working on the gap
[09:49] {RonS} wow...DEALS: ZF to buy TRW in $11.7B deal, creating No. 2 car-part maker with $41B annual sales:
[09:55] {dino} sn gap fill, may
01[09:57] {@Threei} Long Setup:  TWTR  .85 break
01[09:58] {@Threei}  If holds  .75
01[09:59] {@Threei}  what the deuce
[10:02] {dino} sn sm l .15
01[10:05] {@Threei}  rinse
01[10:07] {@Threei} Long Setup:  CAT  104 break
01[10:07] {@Threei}  hl
01[10:07] {@Threei}  If holds  .90
01[10:09] {@Threei}  sheesh... touched 1:1, didn't get fill
01[10:16] {@Threei} Short Setup: EBAY  .15 break
01[10:16] {@Threei}  If holds  .25
01[10:23] {@Threei}  stop to .21
[10:23] {dino} out sn ,45, +.30
01[10:23] {@Threei}  wtg
01[10:23] {@Threei}  1:1
[10:24] {dino} hygs drop
01[10:36] {@Threei} Short Setup: FB  .10 break
01[10:36] {@Threei}  If holds  .20
01[10:42] {@Threei}  1:1
01[10:42] {@Threei}  1:2
01[10:42] {@Threei}  hmmm... is it not BTFD anymore?
01[10:43] {@Threei}  look: bounces mostly didn't work today, except the very first one at the open... 2 shorts did
01[10:46] {@Threei}  1:3
[10:49] {dino} rcpt spike
01[11:02] {@Threei} Long Setup:  VXX  .15 break
01[11:02] {@Threei}  If holds  .05
01[11:05] {@Threei}  if invalidates, probably time for bounce plays
01[11:06] {@Threei} Long Setup:  TWTR  .50 break
01[11:06] {@Threei}  If holds  .40
01[11:08] {@Threei}  (UR) Ukraine separatist rebels now claim they are being attacked by the Ukraine military - press
01[11:08] {@Threei}  right
01[11:10] {@Threei}  half out
01[11:10] {@Threei}  stop .44
01[11:12] {@Threei}  to .49
[11:12] {nemo} strong and weak:
01[11:13] {@Threei}  1:1
01[11:19] {@Threei}  wow
[11:19] {RonS} tick -900
[11:20] {nemo} when you took twtr long it was strongly weak, the short area was into resistance
[11:20] {nemo} negotiated that minefield nicely
01[11:21] {@Threei}  shorts worked fine before, thought it was time to move to longs
01[11:27] {@Threei}  VXX got away
01[11:27] {@Threei}  for now
[11:34] {nemo} mmm iwm looks down
01[11:43] {@Threei} Long Setup:  VXX  .25 break
01[11:43] {@Threei}  If holds  .15
[11:44] {dino} rwlk crazy
[11:45] {nemo} frickin' ipo
[11:45] {nemo} those stocks on the list helping at all Ron?
[11:47] {RonS} yes...helping me not to go long...
[11:47] {nemo} watch the weak side, sometimes they tend to bounce back up to vwap and die, tells you the institutions not interested
[11:48] {RonS} got it
[11:48] {nemo} wow, strong side down to zero
[11:48] {nemo} except for cvs
[11:49] {nemo} now what's interesting...if the algo stays this red, and the indexes don't really drop over the next 20 minutes or so, that may indicate selling exhaustion
01[11:49] {@Threei}  half out
[11:49] {nemo} Gotta' be careful this week though, Triple Hexen week
01[11:52] {@Threei}  1:1
[11:52] {RonS} plus one be yellen...
[11:52] {RonS} RIP Joe Sample...
01[11:53] {@Threei}  1/4 more out
[11:57] {nemo} weak stocks coming in but no strength on the green side
01[12:02] {@Threei}  1:2
01[12:04] {@Threei}  just look how smooth things've become when we switched to short
[12:12] {_kikesan} hello
01[12:13] {@Threei}  hi kikesan
[12:13] {_kikesan} thanks for approve my trial account
01[12:13] {@Threei}  sure thing
[12:14] {_kikesan} are you trading right now?
01[12:14] {@Threei}  just finished VXX long from .25
[12:15] {_kikesan} ok. i will keep here in order to see your comments
01[12:15] {@Threei} Long Setup:  TWTR  50 break
01[12:15] {@Threei}  If holds  .90
01[12:16] {@Threei}  Invalidated
01[12:17] {@Threei}  valid again
01[12:17] {@Threei}  looks like it's time
[12:17] {_kikesan} ok
[12:19] {_kikesan} in
01[12:20] {@Threei}  no worky
[12:20] {_kikesan} out
[12:23] {_kikesan} INTC double top?
01[12:24] {@Threei}  a bit too narrow for any meaningful gains
01[12:26] {@Threei}  TWTR rinsed
[12:28] {nemo} for all the weakness this morning spy couldn't get below S1 on the daily
[12:29] {nemo} twtr might be a short in the .40 area
01[12:30] {@Threei} Long Setup:  IWM  .95 break
01[12:30] {@Threei}  If holds  .85
01[12:42] {@Threei}  aimless floating
01[12:42] {@Threei}  which usually means slow upward move
[12:43] {_kikesan} ok
01[12:44] {@Threei}  time to break that 114 IWM
01[12:44] {@Threei}  good boy
01[12:44] {@Threei}  girl?
01[12:44] {@Threei}  1:1
[12:44] {_kikesan} wow
[12:44] {_kikesan} 1:1
[12:44] {_kikesan} thanks
01[12:44] {@Threei}  know how to manage the trade, kikesan?
[12:44] {_kikesan} more or less
01[12:45] {@Threei}
[12:46] {_kikesan} thanks
[12:47] {_kikesan} IWM is a 2X or 3X etf?
[12:47] {_kikesan} spy is up
01[12:48] {@Threei}  1:2
01[12:48] {@Threei}  it's small shares index
[12:48] {_kikesan} I am out. it is a pity lol
[12:49] {_kikesan} ok
[12:49] {_kikesan} what about GDX?
01[12:50] {@Threei}  gold miners
01[12:50] {@Threei}  way too narrow lately
[12:51] {nemo} iwm is 1x representation of Russell 2000
[12:52] {_kikesan} ok
[12:53] {_kikesan} Is MU ready to a long trade in your opinion?
01[12:54] {@Threei}  .45 brea, yes, I'd take it
01[12:54] {@Threei}  break
01[12:54] {@Threei}  if stays above .35
01[12:55] {@Threei}  come on IWM, give us 1:3
[12:55] {_kikesan} wow
[12:57] {_kikesan} look at FB
[12:58] {_kikesan} short if qqq down?
[12:59] {_kikesan} sorry, qqq is breaking up
01[12:59] {@Threei}  most likely short... but we are in a kind of random time of the day
01[13:00] {@Threei}  easy to get rinsed
[13:00] {_kikesan} ok
01[13:00] {@Threei} Long Setup:  AAPL  .35 break hl
01[13:01] {@Threei}  If holds  .25
[13:02] {_kikesan} FB short .94 if holds .15?
[13:02] {_kikesan} no. sorry again. I was looking at the 15min picture
01[13:03] {@Threei}  Invalidated
[13:03] {nemo} ADBE
01[13:10] {@Threei}  closed IWM in full
01[13:10] {@Threei}  +.30
[13:12] {_kikesan} in FB short at .93
[13:13] {_kikesan} 1:1
01[13:14] {@Threei}  good one
[13:14] {_kikesan} thanks to qqq
[13:14] {_kikesan} ;-)
[13:15] {_kikesan} I think is easier to trade aligned to the red day, isn't it?
01[13:16] {@Threei}  there are segments within a day
01[13:16] {@Threei}  some lend themselves to short, some to long
[13:16] {_kikesan} y'r right
01[13:16] {@Threei}  you just saw IW{ 1:3 on a long side
01[13:16] {@Threei}  IWM
[13:16] {_kikesan} yes
01[13:16] {@Threei}  and before that we had VXX, which is short
[13:18] {_kikesan} aapl capitulation? and below bb?
[13:19] {_kikesan} maybe if spy break up, could be a chance?
[13:20] {_kikesan} but if reach 102.07
01[13:21] {@Threei}  too random
01[13:21] {@Threei}  don't push much now
[13:21] {_kikesan} invaid .93 jumped
[13:21] {_kikesan} ok
[13:22] {_kikesan} twtr capitulation?
[13:24] {_kikesan} the chance was in FB, but it is easy after happens, jejeje
[13:28] {_kikesan} twtr breakdown agresiv .54
[13:28] {_kikesan} 1:1
[13:29] {_kikesan} I like red days
01[13:31] {@Threei}  so do we
[13:37] {_kikesan} What is happening whith TWTR today?
[13:37] {dino} nemo, i don't know what happened, but somehow i lost s1,2,3 and r1,2,3 on freestockcharts. what do i click to get them?
01[13:37] {@Threei}  it's dropping
[13:39] {_kikesan} but do you think that is short smart money or fear?
01[13:39] {@Threei}  I don't think, to tell yoo the truth
01[13:39] {@Threei}  thinking traders lose
01[13:39] {@Threei}  trading trader win
01[13:40] {@Threei}  do you think you can figure it out and make money on that idea?
01[13:40] {@Threei}  everyone else does
01[13:40] {@Threei}  does everyone else make money?
[13:41] {_kikesan} I would like to understand better the type and the volumen to give an answer
[13:42] {_kikesan} it is amaizing. it is fear
[13:42] {dino} nemo, you here?
[13:45] {RonS}   $BCS opening buyer 4566 BCS Sep14 15.0 Calls $0.30  ASK
[13:46] {dino} somebody knows something?
[13:46] {RonS} the vote?  or the stuffer?
[13:51] {RonS} kors whip
[13:51] {nathan} hi gents
[13:51] {RonS} nate the great...
01[13:51] {@Threei}  hey nathan
[13:51] {nathan} :-)
[13:51] {dino} ga nat
[13:52] {nathan} how was it?
01[13:52] {@Threei}  not bad
[13:56] {_kikesan} twtr down and down
[13:58] {_kikesan} when do you see a capitulation in this kind of situations?
01[13:58] {@Threei} Short Setup: IWM  .80 break
01[13:58] {@Threei}  If holds  .90
01[13:58] {@Threei}  you see it when it comes... there is no definite answer
[13:58] {RonS} when the McClellan hits -80 to -100...nowhwere close here...
01[13:59] {@Threei}  if it were possible to define in such simple terms, everyine would be nailing bottoms with precision of a sniper
[13:59] {_kikesan} but for instance, if you look at the TWTR volumen, it means that more likely is down, isn0t it?
01[13:59] {@Threei}  we dopn't tarde like that kikesan
01[14:00] {@Threei}  this is guessing
[14:00] {_kikesan} ok
01[14:00] {@Threei}  we trade setups
[14:00] {dino} volume looks about average on twtr
01[14:00] {@Threei}  there is setup, we take it
01[14:00] {@Threei}  there is none - we wait
[14:00] {_kikesan} understood
01[14:06] {@Threei}  half out
01[14:06] {@Threei}  stop .81
[14:10] {nemo} what happened to TSLA
[14:11] {RonS} announced a new convertible that has a blowoff top...
[14:11] {nemo} where's the commie with his rim shot
[14:11] {RonS} hehe
[14:12] {RonS} couldn't believe he did not understand my comment about public school teachers sending their kids to private school...
[14:13] {RonS} re-read it three times...thinking, is thsi not clear?
01[14:13] {@Threei}  musicians live in their own world, ron :)
01[14:14] {@Threei}  marry a violinist, and it's: - What do we have for dinner today? - Nothing! - but we had nothing yesterday?/ - Right, I cooked for two days ahead
[14:15] {dino} lol
[14:16] {_kikesan} rolff
[14:24] {_kikesan} NTAP break up 0.1 if holds .96
[14:24] {nemo} you mean .01 or .10
[14:24] {_kikesan} .01
[14:25] {nemo} NSC
[14:25] {nemo} ahh late
01[14:28] {@Threei}  quiote a bounce
[14:28] {_kikesan} in
[14:28] {nemo} spy never got to the morning higher hig we likely go green
[14:29] {dino} added ddd calls
[14:30] {_kikesan} should I put my stop at the entry point? jejeje
[14:30] {_kikesan} 1:1
01[14:36] {Threei}  lost internet
[14:37] {_kikesan} vxx b.up .22 if holds .12??
[14:38] {dino} wbai sm l .08
[14:38] {_kikesan} invalid
01[14:39] {Threei} Long Setup:  TWTR  .75 break
01[14:40] {Threei}  If holds  .65
01[14:40] {Threei}  nah
[14:40] {_kikesan} yes. and vxx again
[14:43] {nathan} short ORCL .70 break?
01[14:43] {Threei}  TWTR rinse
01[14:43] {Threei}  grrr
[14:43] {_kikesan} and why not long Nathan?
01[14:44] {Threei}  can't tell nathan
[14:44] {nathan} or anybody
[14:45] {_kikesan} sorry, and why not long?
01[14:46] {Threei}  I mean, I can;'t twll whether this is a valid trade :)
[14:46] {_kikesan} ah, ok
[14:47] {nathan} too slow
[14:48] {_kikesan} vxx in
01[14:52] {Threei} Long Setup:  IWM  .25 break
01[14:52] {Threei}  If holds  .15
[14:59] {_kikesan} I was two times close to 1:1, but dind't reach it by 0.01 :-(
[15:00] {_kikesan} what do you do in those situations? move the stop to the entry point?
01[15:01] {Threei}  right under
[15:02] {_kikesan} ok
[15:03] {_kikesan} thanks
[15:03] {_kikesan} it is exciting!!
[15:03] {nathan} exciting what?
[15:04] {_kikesan} to have a lot of answer, after read his book
[15:06] {_kikesan} Techniques of Tape Reading
01[15:06] {Threei}  where are you from kukesan?
[15:06] {_kikesan} Now, I can understand better somethings
01[15:06] {Threei}  Europe it seems
[15:06] {_kikesan} yes. Spain
01[15:06] {Threei}  hah!
01[15:06] {Threei}  Nathan, your neighbourhood :)
[15:06] {nathan} not my cousin :-)
[15:07] {_kikesan} Thanks for your book
[15:07] {nathan} i'm making lot of publicity here
[15:08] {_kikesan} me too
[15:08] {nathan} everytime I can...
[15:08] {nathan} in the train, subway...
01[15:08] {Threei}  so, if I come to visit Spain, I'll be greeted at the terminal by flying flowers and braless women?
[15:09] {_kikesan} you are the Richard Wyckoff of the XXI Century !!!
[15:09] {nathan} hehehehe more or less
01[15:09] {Threei}  lol
01[15:10] {Threei} Long Setup:  VXX  .30 break
01[15:10] {Threei}  If holds  .20
[15:10] {_kikesan} I am in
01[15:10] {Threei}  cool
[15:10] {_kikesan} at .22
01[15:11] {Threei}  you have 1:1
[15:11] {_kikesan} from 20 minutes
[15:11] {_kikesan} nit yet
[15:11] {_kikesan} not yet
[15:12] {_kikesan} now
[15:12] {_kikesan} 1:1
[15:12] {_kikesan} ufff
[15:12] {_kikesan} thanks
[15:13] {troub} dino, going to dump WBAI before close?
[15:18] {dino} yes
[15:30] {_kikesan} FB b.up .75 if holds .65
[15:31] {_kikesan} invalid
01[15:32] {Threei}  hopefully we see strong selloff now
[15:35] {_kikesan} orcl .75 if holds .70
[15:36] {_kikesan} is it fine for you?
01[15:37] {Threei}  if market helps, might work for a scalp
01[15:38] {Threei}  my sympathies are still on a short side
[15:39] {_kikesan} invalid orcl
[15:39] {dino} stop wbai .90, -.18
[15:41] {_kikesan} again orcl with trhe same setup
[15:42] {_kikesan} just in case SPY helps
[15:42] {_kikesan} let see
[15:42] {nemo} Dino DCC!
01[15:43] {Threei}  ok SPY
01[15:43] {Threei}  break down and die
[15:44] {_kikesan} yes
01[15:49] {Threei}  time's pressing
01[15:50] {Threei}  SPY's dropping
01[15:50] {Threei}  VXX's rising
[15:50] {nemo} VWAP likely
01[15:50] {Threei}  my typing's improving
01[15:50] {Threei}  nemo's puking
01[15:50] {Threei}  1:1
[15:50] {nemo} puked on keyboard
01[15:50] {Threei}  hehe
[15:50] {nemo} was just typing that
[15:50] {_kikesan} definitively I prefer in between hours
01[15:51] {Threei}  you have 1:2, kikesan
01[15:51] {Threei}  we finally got our selloff
[15:51] {_kikesan} ??
[15:51] {_kikesan} ahhh
01[15:51] {Threei}  on VXX
01[15:55] {Threei}  ik guys, closing the balance of VXX
01[15:55] {Threei}  saved by the bell
[15:55] {_kikesan} you where right. invalid orcl. the last trade was short
01[15:55] {Threei}  thank you all, have a good evening
01[15:56] {Threei}  see you tomorrow
[15:56] {nathan} u too
[15:56] {_kikesan} see you tomorrow. thanks
[15:57] {_kikesan} bye
[15:58] {dino} gn all

Friday, September 12, 2014

Market Week Wrap-up  Weekly Market Update: Markets Await Fed Signals and Scottish Vote

European and US stock indices ground lower all week, commodity prices fell and the dollar only strengthened as global markets prepared themselves for next week's Fed meeting. Anticipation is building that the FOMC will make material changes to the way it talks about its policy exit. On Tuesday, CNBC's Fed watcher Liesman said there was a good chance the Fed could alter or drop its "considerable time" language next week, as both hawks and doves have been increasingly critical of "date-based forward guidance" versus an economy-driven policy. In Europe, attention has been squarely focused on the upcoming Scottish independence referendum as for the first time polling data has shifted enough to make a UK break up a distinct possibility. In Japan, the final reading of Q2 GDP showed the measure to be even worse than the first go-round, raising hopes the BoJ may ride to the rescue after all, helping the Nikkei gain 1.5% on the week. For the week, the DJIA fell 0.9%, the S&P declined 1.1% and the Nasdaq slipped 0.3%.

UK financial markets and the pound have been unhinged by poll on the Scotland independence referendum on September 18th. A poll out last weekend put the "Yes" (to independence) camp ahead of the "No" option for the first time, driving a sharp selloff in the pound, banks and energy companies with North Sea operations. Later polls showed the "No" vote ahead, however in each case the "undecided" vote was 10% or more, making it too close to call. If Scotland were to secede, there would be elaborate negotiations to sort out the new nation's currency, how existing debts would be divvied up between Scotland and England, and much else besides. GBP/USD hit nine-month lows around 1.6050 mid-week.

The 10-year yield drifted higher all week, pushing above 2.60% on Friday, its highest level in nearly two months. USTs followed yields higher in Eurozone, while plenty of new supply sparked selling, a setback from the roaring market in 2014. Selling was also driven by jitters about Fed policy.

The ceasefire holds in Ukraine, despite ongoing reports of breaches by both sides. Ukraine President Poroshenko has gone to great lengths to emphasize the need for diplomacy in resolving the conflict with Russia, and even agreed to delay trade sections of EU-Ukraine Association Agreement until the end of 2015 in order to assuage Moscow's feelings. The US and the EU launched a second round of sanctions on Russia, restricting access to its financial markets and punishing various banks and energy companies.

On the commodities front, both gold and oil futures have continued to fall lower this week on a variety of factors. Gold futures fell to the lowest point in eight months this week as continuing improvements in US economic growth plus the strong dollar curbed demand for the metal as a haven asset. But it is the increasing likelihood of higher interest rates that is ultimately cutting gold off at the knees. Over the last month the WTI futures plummeted to eight-month lows around $90.50 as of Thursday from around $98 in early August, driven by the easing of some geopolitical conflicts and renewed dollar strength. WTI fell 1.1% on the week, while Brent has fallen even harder, down 3.7% on the week, dropping below $100 for the first time in about a year.

Apple unveiled its new, larger iPhone 6 and 6+ models and its highly anticipated Apple Watch device this week. The new iPhones have larger 4.7" and 5.5" screens, and as of Friday the large screen model had already sold out online. Reports suggested Apple could ship up to 80M iPhone 6 units by the end of Q4, making for its biggest quarter of sales ever, by a broad margin. The Apple Watch received somewhat mixed reviews, however it will not launch until early next year.

Demand for Chinese e-commerce giant Alibaba's IPO was so strong that the underwriters closed their books early and will likely raise the price range to around $70/share from the initial $60-66/share range. The final IPO pricing is expected on September 17th with trading to begin the next day.

The dollar rally continued this week, with the trade's center of gravity shifting from low-yielding to high-yielding end of the currency spectrum. EUR/USD was around 14-month lows after testing 1.2860 on Thursday. EUR/CHF ticked up off the 1.20 floor after the SNB's Moser reiterated that the SNB could implement negative interest rates if the floor was under threat. A weaker Yen supported Japanese markets (Nikkei closed at an 8-month high) with USD/JPY at 6-year highs above 107.35 in the week.

China's August economic data suggested a more benign slowdown than feared last month, diminishing the likelihood of broad PBoC easing. Imports fell for the second consecutive month, but the trade surplus hit another record high of $49.8 billion, well above the $40 billion expected. August new yuan lending was also marginally above consensus at CNY702.5B, alleviating credit sector concerns after July lending fell to its lowest levels since early 2010. August CPI did hit a four-month low of 2.0% and M2 money supply grew at a 5-month low pace of 12.8%, but the PBoC said overall money growth is still within a reasonable range and on track to reach 13.0% target this year.

Japan Q2 final GDP showed an even bigger contraction than initially estimated at -7.1% annualized. Private consumption was particularly soft, falling 5.1% on reduced spending following the April sales tax hike, but the biggest downward revision was seen in corporate capex, which was cut to -5.1% from -2.5%. On Thursday, Bank of Japan governor Kuroda and PM Abe held their first direct meeting in 5 months, boosting speculation that the cabinet will call on the central bank to do more heavy lifting on monetary policy as it faces increased pressure to increase sales tax again next year.

Sept 12 2014

Pretty much repetition of yesterday - decent morning, empty afternoon. 

Session Start: Fri Sep 12 00:00:00 2014

[08:59] {dino} gm
01[09:00] {@Threei}  dino :)
[09:01] {RonS} howdy...first snow here...light and gone in pm
01[09:02] {@Threei}  ron :)
01[09:02] {@Threei}  sorry to hear... sheesh
[09:03] {RonS} only about a week early than usual...have seen heavy sept storms w/ leaves still on trees that really bust them up
01[09:04] {@Threei}  man...
[09:07] {RonS} hate to say it but miss nemo here...
01[09:08] {@Threei}  I'll tell him
[09:08] {RonS} that algo report he pops in with really helps
01[09:08] {@Threei}
[09:10] {cosmo} no more inconvenient food...
01[09:21] {@Threei}  in my native town authorities got order to check and prepair bomb shelters
[09:22] {RonS} then or now?
[09:22] {troub} good morning
01[09:22] {@Threei}  troub :)
01[09:22] {@Threei}  yesterday
[09:23] {RonS} typical, ceasefire to prepare for the next round...
01[09:23] {@Threei}  totally
[09:27] {nathan} good morning
01[09:27] {@Threei}  nathan :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -CNVR +32% (being acquired by ADS)
01[09:27] {@Threei}  -ULTA +16% (earnings)
01[09:27] {@Threei}  -ABTL +9.6% (guides Q3 Rev to high end of 22-25% range, affirms Q3 adj EBITDA $0.22-0.25)
01[09:27] {@Threei}  -XPO +8% (Ontario Teachers' Pension Plan invests $700M; to be used for acquisitions)
01[09:27] {@Threei}  -VNET +4.7% (buying opportunity after short seller's allegations caused negative movement in preceding days)
01[09:27] {@Threei}  -S +4.1% (broker commentary/confirms iPhone offerings)
01[09:27] {@Threei}  -ACAD +3.9% (positive Mad Money mention)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -AMRN -20% (FDA denies appeal of ANCHOR rescission)
01[09:27] {@Threei}  -OXBT -12% (halts Oxycyte Phase IIb traumatic brain injury trial)
01[09:27] {@Threei}  -HCN -3.2% (prices 15.5M share offering at $63.75/shr)
01[09:27] {@Threei}  - ONTY -8% (partner discontinued trial of TECEMOTIDE)
01[09:31] {@Threei} Long Setup:  AAPL  .45 break
01[09:31] {@Threei}  Invalidated
01[09:32] {@Threei}  a bit hectic yet
01[09:34] {@Threei} Long Setup:  FB  .15 break
01[09:35] {@Threei}  If holds  .05
01[09:37] {@Threei}  no go
01[09:41] {@Threei} Long Setup:  IWM  .10 break
01[09:41] {@Threei}  If holds  116
01[09:46] {@Threei}  let's take half off
01[09:46] {@Threei}  stop to .05
01[09:48] {@Threei}  closed
01[09:50] {@Threei}  rinsed second half... somg
01[09:51] {@Threei} Long Setup:  TWTR  .70 break
01[09:51] {@Threei}  If holds  .60
01[09:53] {@Threei}  change to .60 break
01[09:53] {@Threei}  If holds  .50
01[09:54] {@Threei}  1:1
01[10:00] {@Threei}  *(US) JULY BUSINESS INVENTORIES: 0.4% V 0.4%E
01[10:04] {@Threei} Long Setup:  IWM  .90 break
01[10:05] {@Threei}  Invalidated
01[10:06] {@Threei}  change to .85 break
01[10:06] {@Threei}  If holds  .77
01[10:10] {@Threei}  1:1
[10:13] {RonS} Unconfirmed   GOOGL to announce a 40% stake in Ebay
01[10:13] {@Threei}  wow
01[10:14] {@Threei}  EBAY Hearing unconfirmed chatter that Google could take large stake as a way to compete with Alipay and Apple Pay products (related AAPL GOOG BABA GOOGL)
01[10:15] {@Threei}  1:2
01[10:15] {@Threei}  got nice bounce finally
01[10:19] {@Threei}  1:3
01[10:19] {@Threei}  good girl
[10:35] {dino} gj
01[10:35] {@Threei}  ty
01[10:37] {@Threei}  wow EBAY
01[10:39] {@Threei} Long Setup:  IWM  .90 break
01[10:39] {@Threei}  If holds  .80
01[10:41] {@Threei}  half off
01[10:41] {@Threei}  stop .89
01[10:43] {@Threei}  1:1
01[10:54] {@Threei}  Ukrainian President Petro Poroshenko will make his first official visit to Canada on September 17
01[10:55] {@Threei}  to ask refuge I guess
01[11:20] {@Threei} Long Setup:  VXX  .40 break
01[11:20] {@Threei}  If holds  .30
[11:23] {RonS} enough to frost your rear?  Flights from Moscow to French Riviera down 32 percent as travel bans take hold:
01[11:23] {@Threei}  good
01[11:24] {@Threei}  advertising video by Tourism Victoria, quite cool to see places where I walk almost daily:
01[11:24] {@Threei}
01[11:35] {@Threei}  EBAY
01[11:35] {@Threei}  EBAY Reportedly have had no conversations with Google about it acquiring a stake (related GOOG GOOGL)
[11:35] {RonS} ya
01[11:39] {@Threei}  - Gold has seen three solid days of declines, and this morning the contract has sunk to levels last seen early January, to around $1,228.
[12:06] {dino} fpl drop
01[12:06] {@Threei}  The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.
01[12:31] {@Threei}  VXX now...
[12:35] {dino} news?
01[12:36] {@Threei}  nope
[12:36] {RonS} ‏@Briefingcom  · 18s
[12:36] {RonS} $LAKE: Lakeland Industries (thinly traded) -- stock halted on volatility, up 36% on Ebola protective apparel news
01[12:36] {@Threei}  nothing drastic
[12:38] {RonS} sheesh...thought LAKE was real's medical crap...are we all going to have to wear that stuff?
01[12:38] {@Threei}  lol
[12:38] {dino} ron, yes when you go swimming
01[13:01] {@Threei} Long Setup:  IWM  .35 break
01[13:02] {@Threei}  If holds  .25
01[13:11] {@Threei}  ugh
01[13:11] {@Threei}  come on IWM, we needed second 1:3er from you
01[13:11] {@Threei}  not this crap
[13:12] {RonS} big move .tnx +2.65%
01[13:16] {@Threei} Long Setup:  VIV  .45 break
01[13:16] {@Threei}  If holds  .40
[13:19] {dino} xiv sm l .10
[13:19] {dino} stop is .98
01[13:35] {@Threei} Long Setup:  VXX  .90 break
01[13:35] {@Threei}  If holds  .80
[13:41] {dino} you and i are at odds, not looking too well for me
01[13:42] {@Threei}  I don't know, it changes by minute
[13:43] {dino} yeah, seeing that
[13:44] {dino} xiv just put in higher low/higher high
01[13:45] {@Threei}  what do you know
01[13:45] {@Threei}  not looking so good for VXX anymore
[13:45] {dino} chaos
01[13:50] {@Threei}  switching to pullbacks
[13:50] {dino} aavl spike
[13:58] {dino} gsipb drop
[13:58] {dino} too fast
[14:02] {RonS} tough day for Jimmy Kimmel:  Toronto Mayor Rob Ford withdraws bid for re-election after tumor discovered:
[14:05] {nathan} gents have a nice weekend
01[14:06] {@Threei}  you too nathan
[14:06] {nathan} hope you a better ending than mine
[14:06] {dino} u2 nat
[14:07] {dino} aavl spike again
[14:08] {RonS} my mom has mac d...not a good condition...
[14:13] {dino} xiv to .32
[14:14] {dino} out .32, +.22
[14:15] {RonS} gj...and on that were lucky
[14:15] {dino} indeed
[14:15] {RonS} freakin thing was all over the place, and it held by a penny
01[14:16] {@Threei}  no kiffing
01[14:23] {@Threei}  hmmm
01[14:23] {@Threei}  what's kiffing?
[14:25] {dino} no kittens?
01[14:26] {@Threei}  no idea
06[14:34] * @Threei slaps nemo around a bit with a greeting banner
[14:35] {nemo} thank god for JD
06[14:35] * @Threei sends nemo a sandwich to go with the next glass
[14:36] {nemo} bet vxx took off for the afternoon
01[14:36] {@Threei}  (UR) Ukraine PM Yatsenyuk: Ukraine will suffer from difficult gas conditions this winter given slowdown in gas deliveries - Want to discuss a special status with NATO- Territorial integrity is not up for debate, Donetsk, Luhansk regions will remain as part of Ukraine; Russia President Putin cannot be trusted
[14:37] {nemo} yep
01[14:37] {@Threei}  President Putin cannot be trusted but he disagrees about Donetsk, Luhansk regions... and his word matters more
[14:39] {dino} drill baby drill. europe may be without gas this winter
01[14:41] {@Threei}  pretty much
[14:41] {RonS} ship them beans...
[14:41] {nemo} VXX
[14:41] {dino} calling it a week, gn all
[14:41] {RonS} cya dino
[14:42] {RonS} sheesh, he made $ on xiv...look at it now
01[14:43] {@Threei}  lol
01[14:43] {@Threei}  luck favors prepared :)
01[14:55] {@Threei}  still can't decide, long or short on last hour
01[14:55] {@Threei}  SPY looks equally likely to do either
01[14:55] {@Threei}  maybe 51/49 for long
[15:02] {nemo} this spy low is the weekly S2 to the penny
[15:04] {nemo} here comes the short covering
01[15:15] {@Threei} Long Setup:  VXX  .90 break
01[15:16] {@Threei}  just a scalp most likely
01[15:16] {@Threei}  If holds  .84
[15:17] {nemo} wow thin book
[15:18] {nemo} oh well
01[15:18] {@Threei}  nah
[15:19] {nemo} here comes vwap
[15:25] {nemo} IWM just about kissed vwap, spy a little short
[15:26] {nemo} vxx at vwap
01[15:29] {@Threei} Long Setup:  VXX  .75 break
01[15:30] {@Threei}  If holds  .65
01[15:31] {@Threei}  change to .70 break
[15:33] {nemo} no fear
01[15:34] {@Threei}  if any's out there, it should manifest itself now
01[15:34] {@Threei}  (UR) Hearing reports on Twitter of heavy fighting around the airport in Donetsk- Pro-Russia forces are said to be storming the airpoint
01[15:34] {@Threei}  nice ceasefire
01[15:37] {@Threei}  Invalidated
01[15:37] {@Threei}  long is likely now
[15:37] {nemo} holy shit I went in aggressive and bids just dropped
01[15:49] {@Threei}  thank you all, have a good weekend
01[15:49] {@Threei}  see you on Monday

Thursday, September 11, 2014

Sept 11 2104

About flat day, starting well and then pushing a tad too much as action slowed down. 

Session Time: Thu Sep 11 00:00:00 2014
[09:05] {dino} gm
[09:05] {RonS} ditto dat
01[09:06] {@Threei}  dino, ron :)
[09:10] {nathan} gm all
01[09:10] {@Threei}  nathan :)
01[09:12] {@Threei}  so, now it's Scotland. There is no end to fears, is it
01[09:12] {@Threei}  we travel from one to another
[09:13] {dino} and markets do not care
01[09:14] {@Threei}  nope
01[09:16] {@Threei}  although we finally get some gaps down
[09:19] {troub} good morning
01[09:20] {@Threei}  troub :)
[09:26] {dezus112} hello
01[09:27] {@Threei}  morning dezus
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -JDSU +16% (to separate in two co/reaffirmed guidance)
01[09:27] {@Threei}  -LULU +14% (earnings)
01[09:27] {@Threei}  -DGLY +8% (introduced "Bullet Camera" option for FirstVU HD Body Camera)
01[09:27] {@Threei}  -WTSL +8% (earnings)
01[09:27] {@Threei}  -SIGM +7% (earnings)
01[09:27] {@Threei}  --FNSR +5.5% (momentum from JDSU earnings)
01[09:27] {@Threei}  -GOGO +5% (partnership with TMUS for free in texting & voicemail over wifi)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -EOPN -30% (guidance, negative broker notes this am)
01[09:28] {@Threei}  -INVE -20% (common stock offering)
01[09:28] {@Threei}  -SYMX -20% (earnings)
01[09:28] {@Threei}  -RSH -16% (earnings)
01[09:28] {@Threei}  -ASTM -8.5% (prices 13.7M shares at $2.55/shr)
01[09:28] {@Threei}  -FIVE -6.4% (earnings)
01[09:28] {@Threei}  -NBR -5% (largest holder sold some of its stake)
01[09:28] {@Threei}  -SYMX -19% (earnings)
[09:30] {RonS} dezus was just prezus?
[09:33] {nathan} nice gap on LULU
[09:34] {dino} lol
01[09:35] {@Threei} Short Setup: FB  .60 break
01[09:36] {@Threei}  If holds  .70
01[09:38] {@Threei}  half out
01[09:38] {@Threei}  stop .65
01[09:38] {@Threei}  out
01[09:38] {@Threei}  about flat
01[09:46] {@Threei} Long Setup:  IWM  .50 break
01[09:46] {@Threei}  If holds  .40
01[09:47] {@Threei}  1:1
[09:48] {nathan} 1:1
[09:48] {nathan} gj
01[09:52] {@Threei} Long Setup:  TWTR  .55 break
01[09:52] {@Threei}  If holds  .45
01[09:52] {@Threei}  1:1
01[09:54] {@Threei}  1:2
[10:07] {dino} gj
01[10:08] {@Threei}  ty
[10:12] {nathan} gj 3i
01[10:12] {@Threei} Long Setup:  GLD  .30 break
01[10:12] {@Threei}  If holds  .20
01[10:18] {@Threei}  no go
01[10:28] {@Threei} Long Setup:  VXX  .45 break
01[10:29] {@Threei}  If holds  .35
[10:30] {nathan} sssshhh lost the entry. I couldnt get the fill
[10:30] {troub} past me like I was sitting still
[10:30] {nathan} give 2 cents of padding
01[10:30] {@Threei}  what limit did you try to get?
01[10:30] {@Threei}  .47 worked here
[10:31] {troub} not here with IB
01[10:31] {@Threei}  oh, IB...
01[10:31] {@Threei}  1:1
[10:33] {troub} ??
01[10:33] {@Threei}  it's on a slowish side as far as brokers go, troub
01[10:38] {@Threei}  1:2
[10:41] {nathan} gj
[10:41] {nathan} still holding?
01[10:41] {@Threei}  last part, yes
[10:46] {dino} trw spike
[10:46] {dino} smr s .00
[10:46] {dino} cov trw .30, +.70
01[10:46] {@Threei}  wtg
[10:46] {nathan} gj dino!!!
[10:47] {dino} ty
01[10:47] {@Threei} Long Setup:  HUN  .15 break hl
01[10:47] {@Threei}  If holds  .05
[10:49] {nathan} brb
[10:52] {RonS} rh close to a gap
[10:54] {dino} 70 area
01[10:59] {@Threei}  frikin HUN...
01[10:59] {@Threei}  why did you have to invalidate
[11:02] {RonS} that's what Caesar said...
01[11:02] {@Threei}  lol
[11:10] {Raven}                                                                                                                                                                                                                              =-=]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]
[11:10] {Raven} ]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]ooooooooooooooooooooooooooo
01[11:11] {@Threei}  hmmm
01[11:12] {@Threei}  is this how insanity starts?
[11:12] {RonS} is this how ravens crap?
[11:12] {dino} ?????????????
01[11:14] {@Threei}  there is software locking keyboard so cats can't type when walk on it
01[11:14] {@Threei}  I guess Raven should invest in that :)
[11:15] {Raven} hmmm ... cat caused trouble ... I shall have to banish him
01[11:15] {@Threei}  hehe
[11:15] {RonS} lol
01[11:15] {@Threei}  thought so
01[11:15] {@Threei}  I've seen this pattern before
[11:16] {Raven} secret algo
01[11:23] {@Threei} Long Setup:  IWM  116 break
01[11:23] {@Threei}  If holds  .90
01[11:38] {@Threei}  EU to slap new sanctions on Russia on Sept 11
01[11:38] {@Threei}  Russia says it is preparing a response "commensurate with the economic losses" caused by the EU sanctions.
01[11:38] {@Threei}  nuking it?
01[11:39] {@Threei}  I guess that's how "commensurate" is translated to Russian
01[11:39] {@Threei}  stop to .94
01[11:42] {@Threei}  meh
[11:44] {dino} mtn spike
[11:44] {RonS} bot Park City...
[11:45] {RonS} Utah for you east coasters...
[11:45] {dino} ty
01[12:01] {@Threei}  IWM rinse
[12:11] {RonS} TAM: Taminco trading halted, news pending
01[12:20] {@Threei} Short Setup: DNKN  .90 break
01[12:20] {@Threei}  If holds  .47
01[12:43] {@Threei} Long Setup:  AAPL  .15 break
01[12:43] {@Threei}  If holds  .05
[12:48] {RonS} $TAM: Taminco announces definitive agreement to be acquired by Eastman Chemical (EMN) for $26/share
01[12:55] {@Threei}  no go
[12:59] {nathan} gents i gotta go. i'll try to connect later.
[12:59] {nathan} c u
[12:59] {RonS} cya nathan
01[12:59] {@Threei}  we'll be here
[13:22] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
01[13:22] {@Threei}  very much
[13:22] {RonS} oh shit, dino's got a cat too...
[13:23] {dino} lol, but yeah, daughter has two of them. the dog's mine
01[13:23] {@Threei}  lol
[13:23] {dino} brb
01[13:26] {@Threei}  (RU) Pres Obama: US will outline our new sanctions on Russia on Friday, will include deeper sanctions on financial, energy, and defense sectors (as expected) - If Russia fully implements its ceasefire commitments, then the sanctions could be rolled back.
[13:35] {dino} gpro drop
01[13:38] {@Threei}  [MGAM] Hearing strength being attributed to chatter the company could attract a second bidder
[13:43] {RonS} mbly poked
[13:49] {dino} that thing should drop another 10 bucks
01[13:59] {@Threei}  *(US) AUG MONTHLY BUDGET STATEMENT: -$128.7B V -$122.5BE
[14:00] {nathan} back again
01[14:01] {@Threei}  didn't miss anything
[14:11] {RonS} wow LE
01[14:13] {@Threei}  (RU) Kremlin affirms that Russia will commit to enforcing Ukraine peace agreement even in light of US-EU sanctions
01[14:13] {@Threei}  uh oh
01[14:14] {@Threei}  enforcing peace...
01[14:14] {@Threei}  (IL) Sirens reportedly heard in Northern Israel
[14:14] {RonS} are they Greek?
[14:15] {RonS} ok...will stop...guess bored here...
01[14:15] {@Threei}
01[14:15] {@Threei}  to fight boredom :)
[14:16] {RonS} you have a nice yacht 3i...
[14:17] {RonS} oops guess didn't stop...
[14:19] {nathan} cars are also yours?
01[14:19] {@Threei}  all of them
01[14:19] {@Threei}  and those 3 big canoes, Ron
[14:20] {nathan} canoes? :-)
[14:20] {RonS} and the backyoard of yours is absolutely fabulous...if Putin hears about this, expect an invasion...
01[14:20] {@Threei}  lit up... moored at the cruise ship terminal
[14:21] {nathan} lol
01[14:21] {@Threei}  yeah, his bombers buzz around
01[14:22] {@Threei} to see previous issues
01[14:23] {@Threei}  and if ipon scrolling through them you are eager to get on e-mail list to get notified of new posts, I'll happily accomodate you :)
01[14:55] {@Threei} Short Setup: AAPL  .65 break
01[14:55] {@Threei}  If holds  .75
01[14:57] {@Threei}  Invalidated
01[14:58] {@Threei}  change to .70 break
01[14:58] {@Threei}  If holds  .80
01[15:00] {@Threei}  Invalidated
[15:05] {nathan} time to have dinner for me
[15:05] {nathan} have a happing ending
01[15:05] {@Threei}  we don't mind
[15:05] {nathan} :-)
[15:05] {RonS} Korean massage here?
01[15:05] {@Threei}  :)
[15:05] {nathan} hehehe
01[15:06] {@Threei} Short Setup: IWM  .50 break
01[15:06] {@Threei}  If holds  ,60
[15:06] {nathan} if u fail it's not my fault ;-)
[15:06] {nathan} cya tomorrow
01[15:06] {@Threei}  1:1
[15:07] {nathan} :-)
01[15:31] {@Threei}  there has to be one last long here somewhere
01[15:32] {@Threei} Long Setup:  IWM  .50 break
01[15:32] {@Threei}  If holds  .40
[15:34] {dino} this week is slow
01[15:36] {@Threei}  to .44
[15:37] {dino} whats the matter w/markets, hardly any movement
01[15:38] {@Threei}  difficult to say... most probably, tensely waiting for geopolitical developments
[15:39] {dino} wondering if the new bank cap requirements are limiting funds for hgedgies
01[15:39] {@Threei}  too many things happen at once, each with far-reaching consequences potentially
01[15:44] {@Threei}  ugh
01[15:44] {@Threei}  no, not ugh yet
01[15:44] {@Threei}  ok, ugh
[15:44] {dino} wait for it...
01[15:44] {@Threei}  lol
[15:44] {dino} :)
01[15:44] {@Threei}  overreached in the afternoon
[15:45] {dino} well the good thing about the slow trading days is that i have started up the free weight lifting again, rather than just sit here, i throw in reps
01[15:45] {@Threei}  cool
01[15:45] {@Threei}  dino,
[15:46] {dino} yes
01[15:46] {@Threei}  want great exercise regime for weight loss?
01[15:46] {@Threei}  got a stationary bike?
[15:46] {dino} no
01[15:46] {@Threei}  look up HIIT, Tabata protocol
01[15:46] {@Threei}  works wonders
01[15:47] {@Threei}  frikin IWM
01[15:47] {@Threei}  rinse
[15:47] {dino} ok
01[15:52] {@Threei}  thank you all, have a good evening
01[15:52] {@Threei}  see you tomorrow
[15:52] {dino} gn all

Wednesday, September 10, 2014

Sept 10 2014

Another nice day with a few strong trades in the morning and couple small stops later on.

Session Start: Tue Sep 09 16:10:26 2014
Session Ident: #discussions
02[16:10] * Attempting to rejoin channel #discussions
03[16:10] * Rejoined channel #discussions
03[16:10] * Retrieving #discussions modes...
Session Time: Wed Sep 10 00:00:00 2014
[09:03] {dino} gm 3 i
01[09:03] {@Threei}  morning dino
[09:19] {RonS} gm...strike update?
01[09:20] {@Threei}  ron :)
01[09:20] {@Threei}  no end still in sight although temperature reaches hysterics
01[09:21] {@Threei}  union demand binding arbitration... govt refuses
[09:22] {RonS} no school then?  boy, if i was in high school i would be pissed...
01[09:23] {@Threei}  grade 12 is not just pissed, they are white mad
01[09:23] {@Threei}  they risk losing a chance for colleges
01[09:23] {@Threei}  they demonstrate today under the banner "we are here, where are you?"
[09:25] {dino} what a mess, these kids will miss out on scholarships, admissions to college, and delays in their lives
01[09:25] {@Threei}  yeah
[09:27] {dino} funny thing is, i do not get a raise unless i earn it. no striking by the self-employed
01[09:27] {@Threei}  that's what they totally ignore... being on public dime, these demands look ridiculous
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -PIP +30% (contract announcement)
01[09:31] {@Threei}  -CAMT +15% (r'cvd new orders valued at $3M from one of the world's largest OSATs)
01[09:31] {@Threei}  -NPSP +15% (FDA staff posts briefing notes for NATPARA)
01[09:31] {@Threei}  -MNDL +13% (revised guidance)
01[09:31] {@Threei}  -DRL +16% (asset sale proceeds of approx. $423M)
01[09:31] {@Threei}  -OTIV +10% (AAPL presentation)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -AU -12% (announced corp. restructuring, $1.2B rights offering)
01[09:31] {@Threei}  -GTAT -8% (post AAPL presentation)
01[09:31] {@Threei}  -WBAI -7.7% (momentum)
01[09:31] {@Threei}  -KKD -3.6% (earnings)
[09:32] {RonS} le +12% earnings squeeze
01[09:33] {@Threei} Long Setup:  IWM  .25 break
01[09:34] {@Threei}  If holds  .15
01[09:35] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:42] {RonS} Alibaba.....Reuters report indicates that Alibaba has received enough to cover its entire IPO after just 2 days of its roadshow
01[09:44] {@Threei} Long Setup:  IWM  .05 break
01[09:44] {@Threei}  If holds  .95
01[09:45] {@Threei}  stop to .99
01[09:46] {@Threei}  1:2
01[09:46] {@Threei}  1:1
01[09:46] {@Threei}  1:2
01[09:46] {@Threei}  lol
01[09:56] {@Threei}  BCTF president Jim Iker said the teachers’ demand is “very affordable. It’s $3 a day per student, over a five-year term.”
[09:58] {RonS} why stop there?..."it's only 12.5 cents per hour per student over a 43800 hour term..."
[09:59] {dino} fire them all
01[09:59] {@Threei}  standard salesmen trick
01[09:59] {@Threei}  break donw numbers so they look smaller
[10:00] {RonS} no kidding... reduction to the ridiculous... only when you throw in the actual number of students and add on the bennies it is a whole lot of money
[10:00] {dino} mmi drop
[10:00] {dino} vad,.....i demand a raise of $3/room member/day
01[10:01] {@Threei}  and that's whewn they change the song to "this is our kids, you don't want to spend on our future"'
01[10:01] {@Threei}  hehe
[10:04] {dino} mmi smr l .27
[10:04] {dino} thinny
01[10:05] {@Threei} Short Setup: FB  .70 break
01[10:05] {@Threei}  If holds  .80
01[10:06] {@Threei}  1:1
[10:07] {dino} athm calls added
[10:10] {dino} vc spike
01[10:12] {@Threei}  VC Reportedly said to be evaluating options for its Electronics segment - finacnail press
01[10:17] {@Threei} Long Setup:  IWM  .95 break
01[10:17] {@Threei}  If holds  .90
01[10:19] {@Threei}  meh
[10:25] {RonS} DB Buyer 4895 DB Sep14 34.0 Calls $1.35
01[10:25] {@Threei} Long Setup:  EBAY  .70 break
01[10:26] {@Threei}  oops
01[10:26] {@Threei}  late
01[10:26] {@Threei}  in on pullback
01[10:26] {@Threei}  If holds  .60
01[10:28] {@Threei}  stop to .64
01[10:28] {@Threei}  half out
01[10:28] {@Threei}  close enough to 1:1
01[10:30] {@Threei}  1:1
[10:31] {dino} true drop
01[10:33] {@Threei}  1:2
01[10:40] {@Threei}  1:3
01[10:40] {@Threei}  out
[10:41] {RonS} a beaut...thanks 3i
01[10:41] {@Threei}  :)
01[10:42] {@Threei}  ugh, too soon
01[10:45] {@Threei}  Prince Edward and his wife Sophie - the Earl and Countess of Wessex - arrive in Victoria Friday
01[10:45] {@Threei}  I can hobknob with royalty?
01[10:53] {@Threei}  troub!
[10:53] {troub} good morrning
01[10:53] {@Threei}  hi
01[10:53] {@Threei}  missed two great days...
[10:54] {troub} figures.  had to take care of some volunteer work. Paid in smiles and thanks.
[10:56] {dino} pcyc spike
[10:57] {RonS} $3 bil govt contract
[10:58] {dino} vsm s pcyc .74
[11:06] {dino} cov pcyc 125.24, +1.50
[11:06] {RonS} gj
[11:06] {dino} ty
01[11:07] {@Threei}  wtg
[11:09] {dino} vnet drop
[11:10] {dino} fraud?
[11:11] {RonS} dino vnet oustanding 3 mil sh...taded +6 mil today and yesterday...imo not a good sign...
[11:11] {dino} fraud comments
01[11:13] {@Threei}  looks bad
[11:14] {dino} halt
01[11:16] {@Threei} Long Setup:  IWM  115 break
01[11:16] {@Threei}  If holds  .90
01[11:19] {@Threei}  VNET is bak to (going out of) business
01[11:23] {@Threei}  stop to .94
01[11:27] {@Threei}  snow continues to fall in Calgary
01[11:27] {@Threei}  lol... man
01[11:27] {@Threei}  they call it Snowtember now
01[11:29] {@Threei}  1:1
01[11:30] {@Threei}  if not that one 6 cents stop earlier, I'd call myself "unstoppable" today and Ron would have puked
[11:30] {dino} ]\lol
01[11:31] {@Threei}  but this is 5th win for the day, and most of them were 1:3 and 1:2
[11:38] {dino} taunting the trading god
01[11:38] {@Threei}  :)
01[11:38] {@Threei}  1:2
01[11:38] {@Threei}  they are asleep
01[11:39] {@Threei}  or they would have smacked this one
[11:40] {dino} prxl spike
[11:40] {RonS} see nothing
01[11:42] {@Threei}  nor I
[11:43] {dino} rcpt spike
01[11:56] {@Threei}  (SY) Reportedly President Obama to request authorization to arm moderate Syria rebels in fight against ISIS - press - Congressional Republicans are said to be opposed to the idea.***Note that Obama will address the nation tonight to lay out his strategy for combatting ISIS in Iraq and Syria
01[12:08] {@Threei}  lol... Victoria folks at their best. Quickly combined images of Calgary and Victoria, and posted with cheecky comment "sending some love to our dear snow-bound friends"
[12:16] {RonS} r&r?  Poroshenko: Russia has withdrawn more than two-thirds of its troops from Ukraine:
01[12:16] {@Threei}  that's very wierd statement
01[12:17] {@Threei}  most of the sources indicated increase of troops and weapons near Mariupol
01[12:18] {@Threei}  not sure what kind of gambit is being played
[12:21] {cosmo} How does Winnipeg compare this year?
01[12:21] {@Threei}  at least no wnow yet, lol
[12:22] {cosmo} to cold for it
01[12:22] {@Threei}  this is freak snow storm in Calgary... proximity of mountains makes weather very unstable there, although this is totally overboard
[12:23] {cosmo} anomolies everywhere
[12:29] {Raven} anomalies ?
[12:31] {RonS} ya, if nemo comes back and is nice will seal the proof...
01[12:32] {@Threei}  lol
[12:43] {dino} calling it a day, tee time in 45
01[12:53] {@Threei} Short Setup: GLD  .80 break
01[12:53] {@Threei}  If holds  .90
01[13:02] {@Threei}  half out
01[13:02] {@Threei}  stop to .86
01[13:26] {@Threei}  Ukrainian President Petro Poroshenko has been invited to address a joint meeting of the U.S. Congress
01[13:26] {@Threei}  why not, before country gets dismantled
01[13:30] {@Threei}  to .81
01[13:49] {@Threei}  [VNET] Muddy Waters (Carson Block) not short the company and would be unlikely to look at the company further analysis
01[13:50] {@Threei}  be back in 30
[14:11] {nathan} whats up gents!
01[14:12] {@Threei}  hey nathan
01[14:12] {@Threei}  another great day here
[14:13] {nathan} :-)
[14:13] {nathan} how many 1:3?
01[14:13] {@Threei}  a few
01[14:13] {@Threei}  and 1:2
[14:13] {nathan} talking serious?
01[14:13] {@Threei}  and 1 budget-crashing stop of 6 cents
01[14:13] {@Threei}  yes
[14:14] {nathan} nice week so far huh
01[14:16] {@Threei}  yup
01[14:23] {@Threei} Long Setup:  IWM  .65 break
01[14:23] {@Threei}  If holds  .55
[14:30] {nathan} it takes its time...
01[14:31] {@Threei}  what's your hurry
01[14:31] {@Threei}  everything happens in good time
01[14:31] {@Threei}  let things mature and develop
[14:32] {nathan} yeah no hurries...
[14:32] {nathan} why run?
01[14:32] {@Threei}  we need SPY to break .90 and march to 200
01[14:33] {@Threei}  if it loses .80, trade is not likely to work
[14:33] {nathan} out
01[14:33] {@Threei}  yeah
01[14:34] {@Threei}  first full size stop today
[14:34] {nathan} let's look for another
01[14:55] {@Threei} Long Setup:  FB  .88 break
01[14:55] {@Threei}  If holds  .80
01[14:55] {@Threei}  Invalidated
01[15:13] {@Threei} Long Setup:  FB  .90 break
01[15:13] {@Threei}  If holds  .80
01[15:21] {@Threei}  another invalidation
01[15:24] {@Threei} Long Setup:  IWM  .75 break
01[15:24] {@Threei}  last shot
01[15:24] {@Threei}  If holds  .65
01[15:43] {@Threei}  time's pressing, let's trail to .69
01[15:44] {@Threei}  meh
[15:44] {RonS} Nathan's fault...
01[15:44] {@Threei}  totally
01[15:44] {@Threei}  and nemo
[15:44] {RonS} ..or Nemo's, can't figure which...
01[15:44] {@Threei}  both
01[15:44] {@Threei}  it's easier
01[15:45] {@Threei}  let them sort it out between themselves
01[15:46] {@Threei}  OK guys, thank you all
01[15:46] {@Threei}  have a good evening, see you tomorrow

Tuesday, September 9, 2014

Sept 09 2014

Very strong day, with three 1:3ers, one 1:2, one scalp and just one stop. Technical problems plagued the room first hours of trading day so we had to use reserve. Those who missed the day, check your e-mail for the room change alert!

Sep 09-09:37) Threei: Long FB .40 break
(Sep 09-09:37) Threei: if holds .30
(Sep 09-09:37) Threei: dino read e-mail
(Sep 09-09:38) dino: gm
(Sep 09-09:38) Threei: not many esle did
(Sep 09-09:40) Threei: 1:1
(Sep 09-09:41) Threei: 1:2
(Sep 09-09:44) RonS: took fb +.25 thanks 3i
(Sep 09-09:44) Threei:
(Sep 09-09:44) Threei: 1:3
(Sep 09-09:44) Threei: out
(Sep 09-09:49) dino: gj
(Sep 09-09:51) dino: added kerx calls
(Sep 09-09:51) Threei: damn thing hit 1:6
(Sep 09-09:52) RonS: 6.5 but who's counting...
(Sep 09-09:52) Threei: lol
(Sep 09-10:00) Threei:  Former Fed Chair Greenspan: Inflation will eventually tick upwards in the US, does not know when inflation will pick up - Interest rates will have to increase eventually, does not know when
(Sep 09-10:00) Threei: lol
(Sep 09-10:01) dino: great insight
(Sep 09-10:01) Threei: no kidding
Sep 09-10:01) dino: what did they pay him for that? couple hundred grand?
(Sep 09-10:02) Threei: I guess "he doesn't know how much"
(Sep 09-10:03) Threei: Long IWM .55 break
(Sep 09-10:03) Threei: too fast
(Sep 09-10:03) dino: ldos smr l .35 wide
(Sep 09-10:06) Threei: 1:3... grrr
(Sep 09-10:06) RonS: crto l .85
(Sep 09-10:14) Threei: nice entry
(Sep 09-10:20) Threei: Long IWM .50 break
(Sep 09-10:21) Threei: If holds .40
(Sep 09-10:24) Threei: 1:1
(Sep 09-10:26) Threei: 1:3
(Sep 09-10:26) dino: i'm not seeing anything
(Sep 09-10:26) dino: gj
(Sep 09-10:29) dino: ldos stop -.35
(Sep 09-10:30) dino: added hclp calls
(Sep 09-10:34) Threei: Long TWTR .70 break
(Sep 09-10:35) Threei: If holds .60
(Sep 09-10:36) dino: cmge drop
(Sep 09-10:37) dino: mky lod
(Sep 09-10:37) dino: mkt
(Sep 09-10:58) dino: scok spike
(Sep 09-11:03) Threei: Long IWM .75 break
(Sep 09-11:04) Threei: If holds .65
(Sep 09-11:08) Threei: 1:1
Threei: CRM Reportedly has identified malware attack; have no evidence that customers have been impacted and are continuing to investigate
(Sep 09-11:45) dino: jw/a drop
(Sep 09-11:56) Threei: Short RAX .90 break
(Sep 09-11:56) Threei: If holds 39
(Sep 09-12:01) Threei: oh man...
(Sep 09-12:01) Threei: Market Update: Broader Indices Weak, World Awaits New iPhone 6
(Sep 09-12:01) Threei: lol
(Sep 09-12:01) Threei: world awaits...
Sep 09-12:05) dino: jw/a sm l .58
(Sep 09-12:28) Threei: invalidated
(Sep 09-12:59) Threei: Long VXX .95 break
(Sep 09-12:59) Threei: If holds .85
(Sep 09-13:10) RonS: people wondering if Ackman is on the Aapl stage...
(Sep 09-13:12) RonS: gtat blood
(Sep 09-13:33) Threei: lol
(Sep 09-13:33) Threei: iphone6 is being described
(Sep 09-13:33) Threei: second coming, no less
(Sep 09-13:43) dino: out jw/a .60 ave +1.02
(Sep 09-13:43) RonS: wtg
(Sep 09-13:43) dino: ty, missed that gtat tho
(Sep 09-13:48) Threei: wtg
(Sep 09-13:48) Threei: can you believe market running on AAPL?
Sep 09-13:49) dino: no, comp maybe
(Sep 09-13:50) dino: nxpi spike
(Sep 09-13:50) dino: bita drop
(Sep 09-13:52) nathan: hi gents
(Sep 09-13:52) RonS: hi
(Sep 09-13:52) nathan: new chat room
(Sep 09-13:52) dino: hey nat
(Sep 09-13:52) dino: yeah, got tired of everybody so came over here
(Sep 09-13:53) nathan: oh great
(Sep 09-13:53) nathan: much better
(Sep 09-13:53) dino:  
(Sep 09-13:53) dino: plus, better smiley faces
(Sep 09-13:54) Threei: hey nathan
(Sep 09-13:54) Threei: main room is back up
(Sep 09-13:54) Threei: let's migrate?

[13:55] {dino} ldos sm l .00
[13:56] {dino} brb
[13:56] {nathan} what happened roday?
[13:56] {nathan} today
01[13:56] {@Threei}  server died
01[13:56] {@Threei}  just fixed
01[13:56] {@Threei}  so we use reserve room when that happens
[13:56] {nathan} hacked?
01[13:56] {@Threei}  bookmark it please
01[13:56] {@Threei}  no, just hiccup
[13:56] {nathan} done it
01[13:57] {@Threei}  nathan... you won't believe it but we got 3 1:3ers today
01[13:57] {@Threei}  and just one stop
[13:57] {nathan} i though your russian friends...
01[13:57] {@Threei}  lol
[13:57] {nathan} can't believe it
01[13:57] {@Threei}  my friends are in Ukraine
[13:57] {nathan} i allways miss the best
[13:57] {RonS} ebay drained
[13:58] {nathan} because of alibaba?
[13:58] {RonS} think market expected an aapl payment tie-in to paypal
[13:59] {nathan} yeah I read something. Vodafone is willing to launch this service payment too with visa I think
[14:00] {nathan} spy dt?
01[14:01] {@Threei}  I think it's just AAPL drop that pushed SPY down
[14:04] {nathan} AAPL 104 million shares?!?!
01[14:05] {@Threei}  where have you been nathan? You might be the only man on Earth not knowing anouyt today's Iphone6 launch :)
[14:06] {nathan} working?
01[14:06] {@Threei}  the world held its collective breath
[14:06] {nathan} :-)
01[14:06] {@Threei}  miners stopped mining
[14:06] {nathan} this is for the masses
01[14:06] {@Threei}  pilots stopped flying
[14:06] {nathan} hehehe
01[14:06] {@Threei}  peoples stopped peopling
01[14:07] {@Threei}  veen, believe it or not, nemo stopped nemoing
[14:07] {nathan} and becoming idiots
[14:07] {nathan} is he on the line?
[14:07] {nathan} waiting for the new iphone?
01[14:08] {@Threei}  nah, some personal things to take care of
[14:08] {dino} nathan, you missed 1.02 out of jw/a
[14:08] {nathan} :-(
[14:09] {nathan} how many shares? hl?
[14:10] {dino} only 300
[14:10] {dino} thing was hookering
[14:10] {nathan} not that bad
[14:10] {dino} still running .15 spread
[14:12] {RonS} isn't Nathan Spanish...he doesn't know what you are talking
01[14:12] {@Threei}  there are no hookers in Spaon?
01[14:13] {@Threei}  spain
[14:13] {dino} believe they ar everywhere
[14:13] {nathan} of course we have :-)
[14:13] {RonS} no expression re bid/ask spread...
[14:13] {nathan} more than in the usa
[14:13] {nathan} :-)
[14:14] {dino} in golf we like to say that every now and then a little hooer is good
[14:14] {dino} hooker
[14:15] {dino} oled drop
[14:18] {nathan} do u trade this dino?
[14:18] {dino} indeed
[14:18] {dino} sm l .95
[14:18] {nathan} too much spread for me
[14:19] {dino} out ldos .31, +.31
[14:19] {nathan} gj
[14:19] {dino} out oled .65, +.70
[14:19] {RonS} lol...just tie that 2x4 to your ass and jump...
[14:20] {dino} bounced at 200 on daily
[14:20] {nathan} lol
[14:21] {dino} thats my "edge" nathan. give me fast capitulations or euphoric spikes
[14:25] {RonS} how was outer space?
[14:25] {cosmo} success...sheesh
01[14:26] {@Threei}  cosmo, you don't have reserve room bookmarked?
[14:26] {cosmo} uh
01[14:27] {@Threei}  I'll decode it as "I do but I forgot all about it" :)
[14:27] {cosmo} ok...that works
01[14:28] {@Threei}  need url again?
[14:28] {cosmo} yes pls
01[14:28] {@Threei}
[14:30] {cosmo} k, bookmarked...
[14:30] {cosmo} thx
[14:30] {cosmo} again
01[14:31] {@Threei}  np
01[14:31] {@Threei}  and you never got e-mail in the morning?
01[14:34] {@Threei}  this actually might be because database has you old address... dcc me your new one, I'll correct this
01[14:35] {@Threei} Long Setup:  SPY  .80 break
01[14:35] {@Threei}  If holds  .70
01[14:37] {@Threei}  1:1
[15:03] {nathan} 3i how many share do you have in appl?
01[15:11] {Threei}  I don't have any position in AAPL, nathan
[15:12] {nathan} though you were busy with apple :-)
01[15:12] {Threei}  nah
[15:12] {nathan} ordering the new iphone maybe?
01[15:13] {Threei}  lol
01[15:13] {Threei}  if you saw my phone, you wouldn't recognize it as phone
01[15:13] {Threei}  and even that I can't always find
01[15:13] {Threei}  wait, I'll show you...
[15:13] {nathan} lol
01[15:14] {Threei}
01[15:14] {Threei}  this is what I use for a cellphone
[15:15] {nathan} hehehe
01[15:15] {Threei}  today's use sees it and says "nice, umm, device, whnatever it is... where is your phone?"
[15:15] {nathan} thats waht my  1 year son uses to play
[15:16] {dino} i'm on windows phone, was free. i like it. doe lots more than i need
[15:16] {dino} doe=does
[15:18] {nathan} watch FB
01[15:26] {Threei} Long Setup:  IWM  .10 break
01[15:26] {Threei}  If holds  115
01[15:28] {Threei}  1:1
[15:29] {nathan} thx vad
01[15:29] {Threei}  sure thing
[15:31] {nathan} dont want to spoil the day
[15:31] {nathan} so, good night
01[15:31] {Threei}  take care :)
01[15:38] {Threei}  1:2
01[15:38] {Threei}  nathan is too quick to exit :)
[15:40] {dino} cmge blood
[15:40] {dino} nhtc too
01[15:51] {Threei}  ok guys, thank you
01[15:51] {Threei}  have a great evening, see you tomorrow
[15:54] {dino} gn all

Monday, September 8, 2014

Sept 08 2014

Somewhat slow day but with two 1:3ers and one 1:4, we would be hard-pressed to complain.

Session Time: Mon Sep 08 00:00:00 2014
[09:07] {dino} gm
01[09:07] {@Threei}  dino :)
01[09:08] {@Threei}  guess whether ceasefire holds in Ukraine
[09:11] {dino} not
01[09:12] {@Threei}  wasn't very hard to guess... :)
[09:18] {troub} good morning
01[09:18] {@Threei}  [TWTR] To begin testing shopping service today with buy buttons in Tweets - press Today some users will receive tweets from Twitter test partners featuring a buy button that lets them make purchases or donate money. Initial partners include the musical groups Soundgarden and Panic! At The Disco, retailers Home Depot and Burberry, and nonprofits The Nature Conservancy and GLAAD.
01[09:19] {@Threei}  troub :)
[09:25] {RonS} gm...airline strength guess on oil weakness
01[09:25] {@Threei}  ron :)
01[09:26] {@Threei}  interesting, oil wekens even with new round of sanctions, and they are oil-related
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -MGAM +30% (confirms deal to be acquired by Global Cash Access for $36.50/shr)
01[09:27] {@Threei}  -HTZ +4.6% (announces new CEO)
01[09:27] {@Threei}  -RAX +4.4% (rumors CTL will acquire the company for its cloud services)
01[09:27] {@Threei}  -DRL +4.4% (court rules Commonwealth will have burden of proof in tax trial)
01[09:27] {@Threei}  -FEYE +3.4% (positive broker commentary)
01[09:27] {@Threei}  -BCRX +3.2% (RAPIVAB trial results at ICAAC meeting)
01[09:27] {@Threei}  -YHOO +1.7% (positive broker commentary)
01[09:27] {@Threei}  -TWTR +2.5% (blogs discuss test launch of previously announced shopping service)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -HPTX -12% (terminates DiaPep277 programs, non-cash impairment of $25-55M)
01[09:27] {@Threei}  -AKS -4.2% (offering 35M common shares; 9.5% outstanding and $430M in senior notes due 2021)
01[09:27] {@Threei}  -GSK -4% (Ebola vaccine requires booster to be effective; momentum from negative GILD news)
01[09:27] {@Threei}  -BCS -4% (negative momentum from Scotland referendum; note that RBS, LYG also down)
01[09:27] {@Threei}  -CPB -3.4% (earnings)
[09:34] {dino} .
01[09:34] {@Threei} Long Setup:  DAL  .60 break
01[09:34] {@Threei}  If holds  .50
01[09:35] {@Threei}  change to .55 break
01[09:35] {@Threei}  fast...
01[09:38] {@Threei}  1:1
01[09:40] {@Threei}  1:2
01[09:41] {@Threei} Long Setup:  TWTR  .40 break hl
01[09:41] {@Threei}  If holds  .30
01[09:42] {@Threei}  Invalidated
01[09:44] {@Threei} Long Setup:  TWTR  .20 break hl
01[09:45] {@Threei}  Invalidated
01[09:49] {@Threei} Long Setup:  DAL  .70 break
01[09:49] {@Threei}  If holds  .60
01[09:50] {@Threei}  change to .65
01[09:55] {@Threei}  change to .60
01[09:55] {@Threei}  If holds  .50
01[10:00] {@Threei}  half out
01[10:00] {@Threei}  1:1
[10:02] {RonS} a refusal to lead:  White House seeks buy-in at home and abroad for expanded offensive:
01[10:03] {@Threei}  heh
[10:03] {cosmo} how about a bail-in?
[10:08] {RonS} das boot
01[10:18] {@Threei} Long Setup:  IWM  .50 break
01[10:18] {@Threei}  If holds  .40
01[10:20] {@Threei}  Invalidated
01[10:23] {@Threei} Long Setup:  IWM  .30 break
01[10:23] {@Threei}  If holds  .20
01[10:31] {@Threei}  no go
[10:32] {dino} 07 fast red
[10:33] {dino} oils/drillers getting smacked
01[10:33] {@Threei}  good
01[10:39] {@Threei} Long Setup:  IWM  .10 break
01[10:39] {@Threei}  If holds  116
01[10:43] {@Threei}  The European Union will press ahead with implementing new sanctions on Russia later on Monday despite a shaky ceasefire in Ukraine, the European Commission said.
01[10:46] {@Threei}  half out
01[10:48] {@Threei}  1:1
[10:48] {dino} gj
01[10:49] {@Threei}  ty
01[10:53] {@Threei}  1:2
01[10:57] {@Threei}  1:4
01[10:58] {@Threei}  out
[10:58] {dino} added kors calls
01[10:58] {@Threei}  looked away while it was hitting 1:3, lol
01[11:16] {@Threei}  UK financial markets are unsettled at the prospect of Scotland voting for independence on September 18th. One poll out this weekend put the "Yes" (to independence) camp ahead of the "No" option for the first time
[11:20] {RonS} thinkin Brady played so bad yesterday Nemo got sick...
[11:20] {dino} roflol
01[11:22] {@Threei}  lol
[11:39] {RonS} the horror:  Apple's IPhone announcement means life-or-death for companies around the globe:
[11:40] {RonS} freakin journalists have no idea what business is...
[11:45] {RonS} kerx acting like it wants $14...then $13...
[11:46] {RonS} ...then some big guy will buy them for $20 and figure out how to market that drug...
01[11:46] {@Threei}  20 if they are lucky
01[11:52] {@Threei} Short Setup: FB  .60 break
01[11:52] {@Threei}  If holds  .70
01[11:53] {@Threei}  nah
[12:00] {nathan} hi gents!
[12:01] {nathan} hope u are all doing well
01[12:01] {@Threei}  hey nathan!
01[12:01] {@Threei}  got 1:4 on IWM earlier
[12:02] {nathan} wow
[12:02] {nathan} that's what i need :-)
01[12:02] {@Threei}  [10:39] {@Threei} Long Setup: IWM .10 break
01[12:02] {@Threei}  [10:39] {@Threei} If holds 116
01[12:04] {@Threei}  anyone has a feeling SPY is about to crater?
01[12:05] {@Threei} Long Setup:  VXX  .60 break
01[12:05] {@Threei}  If holds  .50
[12:10] {dino} ty ron kerx, took .30 out of it
[12:10] {RonS} gj
01[12:10] {@Threei}  nice
[12:10] {nathan} nice one
[12:30] {nathan} still valid 3i
[12:30] {nathan} ?
[12:30] {nathan} kissed .5'
[12:30] {nathan} .50
01[12:30] {@Threei}  while holding .50, yes
01[12:33] {@Threei}  not anymore
01[12:39] {@Threei} Long Setup:  HAL  .20 breal hl
01[12:39] {@Threei}  If holds  .10
[13:06] {dino} slow day again
01[13:06] {@Threei}  yes... was picking up last week but took a breather today
01[13:09] {@Threei}  TSLA To developing self-driving car technology - Nikkei News
01[13:16] {@Threei}  HAL seems to be shaping up
01[13:20] {@Threei}  here comes that cratering
01[13:20] {@Threei}  no news
01[13:22] {@Threei}  frikin VXX
01[13:22] {@Threei}  rinsed
01[13:38] {@Threei}  Invalidated  HAL
01[13:52] {@Threei} Long Setup:  VXX  .85 break
01[13:52] {@Threei}  If holds  .75
01[13:53] {@Threei}  if this one shakes us out as well, playing pullbacks only on VXX from now on
01[13:58] {@Threei}  Invalidated
01[13:58] {@Threei}  but on watch
01[14:05] {@Threei} Long Setup:  VXX  .76 break
01[14:05] {@Threei}  If holds  .70
01[14:13] {@Threei}  held by fingertips
01[14:13] {@Threei}  still not very clear
01[14:14] {@Threei}  nah, not yet
01[14:33] {@Threei} Long Setup:  IWM  .15 break
01[14:33] {@Threei}  If holds  .05
[14:49] {nathan} oh well!
[14:49] {nathan}  have a good nitght
[14:49] {nathan} hope to c u tomorrow
01[14:50] {@Threei}  wait
01[14:50] {@Threei}  IWM just started moving
[14:50] {nathan} ok
[14:52] {nathan} everything is too slow
[14:52] {nathan} should be that way? it's sept
01[14:53] {@Threei}  no, starts accelerating gradually
01[14:54] {@Threei}  1:1
[15:01] {dino} sssllloooowwwwww
[15:01] {dino} kinda sucks
01[15:02] {@Threei}  moving further
01[15:11] {@Threei}  1:2
[15:12] {dino} gj
01[15:12] {@Threei}  glad you stayed, nathan?
01[15:12] {@Threei}  ty'
[15:29] {nathan} many thanks vad!
01[15:34] {@Threei}  :)
01[15:34] {@Threei}  1:3
01[15:34] {@Threei}  me out
[15:39] {nathan} now I can say good night
[15:39] {nathan} ;-)
01[15:39] {@Threei}  yes :)
[15:40] {nathan} c u tomorrow
01[15:41] {@Threei}  you too
01[15:47] {@Threei}  ok guys, thank you all
01[15:47] {@Threei}  have a good evening, see you tomorrowq
[15:48] {dino} tep spike

Friday, September 5, 2014

Market Week Wrap-up  Weekly Market UpdateECB Acts, Markets React

Fri, 05 Sep 2014 16:20 PM EST

- With Europe slowly sinking into deflation and looming recession, the ECB took action this week, cutting rates and pledging to launch an asset-backed securities buying program. In the US, the August jobs report was weaker than expected, although analysts largely explained away the miss. The S&P500 has seemed reluctant to go much higher after topping 2000 for the first time last week. The conflict in Ukraine turned from warfare to diplomacy yet again as evidence of Russia's hand in the fighting became more and more obvious and Western allies threatened additional economic sanctions. China PMI readings stabilized, which was enough to send the Shanghai Composite up nearly five percent, its biggest weekly gain in over a year. For the week, the DJIA rose 0.2%, the S&P500 gained 0.2% and the Nasdaq edged up less than 0.1%.

- On Thursday the ECB cut its refinancing rate to 0.05% from 0.15% and its deposit rate to -0.2% from -0.1%, and announced that it would launch an asset purchase program focused on private asset-backed securities. ECB President Draghi pronounced that that the ECB was now officially at the lower bound of interest rates and that no more rate cuts were possible. The decisions were not unanimous, however Draghi said a "comfortable majority" was in favor of the new measures. Observers pointed out that the European ABS market was relatively small and that the program might not be the sort of weapon that would do much to forestall deflation. The big bazooka of sovereign bond purchases remains on the shelf, with German opposition to its use still very strong; note that the Bundesbank's Weidmann was the most vocal opponent to the rate cuts and ABS program announced this week.

- The August US jobs report disappointed markets on Friday with a sizable miss in the nonfarm payrolls (+142K v +230Ke). The NFP was the lowest reading in 2014 so far and broke a six-month stretch of 200K+ monthly gains, the longest run seen since the late 1990s. Commentators noted that the August data has the greatest chance of being revised higher due to seasonal factors, and many analysts suggest the final estimate will rise to the upper half of the 150-200K range. In addition, over the last 12 years or so, every NFP print over +300K has been followed by one near or under +100K, suggesting that the July/August data are following a well-established pattern.

- Coming into the week, the situation in Ukraine was going from bad to worse, with reports indicating more columns of Russian tanks and troops were entering the country to reinforce pro-Russian separatists in their offensive against government forces. On Wednesday Russia President Putin and Ukraine President Poroshenko restarted diplomacy that had broken off a week before, agreeing to discuss another ceasefire on Friday. It was not lost on anyone that Putin's overture came as the planned NATO summit convened in Wales. Ahead of the confab, US President Obama reiterated the alliance's defense commitments to its eastern members, and at the summit NATO finalized agreements for more aid to Ukraine and leaders said more sanctions on Russia are imminent. On Friday, Kiev and the separatists agreed to a temporary ceasefire and talks continue for a more enduring truce.

- Shares of BP dropped sharply on Thursday, pulling the FTSE lower with it, after a US judge ruled that the company was grossly negligent in the 2010 Macondo oil spill. Recall that BP has already agreed to pay $13.7 billion in fines for the Gulf of Mexico spill, but the "gross negligence" finding means BP could face quadruple damages and a maximum of $18 billion in additional fines. Transocean and Halliburton were found to be partly culpable but cleared of gross negligence in the case.

- August auto sales were mostly beat expectations, highlighted by Chrysler's sales up 20% y/y. The overall industry continues to see sales volumes recover to levels last seen before the recession. A Ford sales executive said the industry is very strong at this stage in the US economic recovery, with August industry SAAR running around a mid-17M unit annualized rate, the best rate since 2006.

- Homebuilders Toll Brothers and Hovnanian both beat expectations in third quarter reports out this week, and both firms saw very good y/y gains in revenues and profits. Toll Brothers narrowed its FY14 guidance for expected deliveries and said ASPs would be higher than expected, sending the company's shares lower. Hovnanian did not offer guidance, but its metrics for the quarter were pretty solid, with the backlog up by double digits.

- According to press reports, Alibaba plans to kick off its IPO roadshow in New York City starting on Monday, Sept 8th. On Friday, the IPO pricing range was set at $60-66/ADS implying a valuation around $150 billion (similar to the market cap of Amazon). Alibaba is expected to price the IPO on Sept 18th and begin trading its shares on the NYSE on Sept 19th.

- In M&A, two large deals were announced on Tuesday. Norwegian Cruise Line Holdings agreed to acquire Prestige Cruises International Inc. in a deal valued at about $3.03 billion. Prestige is owned by PE firm Apollo Global Management, which also has a 20% stake in Norwegian. Compuware reached a tentative deal to sell itself for $2.5 billion to PE fund Thomas Bravo. Compuware had been under pressure from activist investors to cut costs, lay off staff, and solicit buyout offers for more than a year.

- The ECB policy decision on Thursday slammed the euro, driving the biggest one-day decline in EUR/USD since October 2011, with the pair dropping to 1.2920 from 1.3150. EUR/USD spent all of Thursday and Friday below 1.30. EUR/CHF tested 1.2045, getting as close to the SNB floor as the pair has been since it was established in September 2011. The pound was softer as traders positioned nervously ahead of the Scottish independence referendum scheduled for September 18th. A YouGov poll out this week suggested that support for Scottish independence had risen eight points over the past month, dangerously close to the 50% threshold. Analysts pointed out that a significant GBP risk event could unfold as UK economic data has begun to soften across the board.

- USD/JPY hit 6-year highs late in the week after Japan PM Abe offered LDP deputy policy chief Yasuhisa Shiozaki the Health Minister cabinet post, sparking hopes of early GPIF pension reform. Shiozaki has been the LDP's largest proponent of GPIF pension reform including diversification into more domestic equities and foreign securities and away from domestic bonds.

- The Bank of Japan maintained its assessment for the 13th consecutive meeting that "economy continued to recover moderately as a trend", and despite some speculation of a more upbeat language, it largely stuck to the familiar script. The only change in the latest BOJ statement was a downgrade on the property market, noting the "decline in housing investment following front-loaded increase has continued." Also of note out of Japan, wage inflation is finally accelerating more meaningfully, with the latest data out of Labor Statistics showing July cash earnings growing by 2.6% y/y - the largest increase since 1997. This should provide some welcome relief to Abenomics, just as the cabinet approval ratings for PM Abe also headed higher following this week's cabinet reshuffle. Late on Friday, Japan's Economy Minister Amari pledged more caution in the government's expected December decision on whether to proceed with another round of sales tax hikes.

- China PMI figures showed the economy diverging in favor of the services sector, which would be in line with policy objectives in Beijing. Official non-manufacturing PMI rose for the first time in 3 months to 54.4 from 54.2, while HSBC services PMI hit a 17-month high of 54.1 following an alarming record low of 50.0 print in July. In contrast, the official manufacturing PMI slowed for the first time in 6 months to 51.1, and the final HSBC manufacturing PMI fell to a 3-month low. HSBC chief China economist was cautious on both measures, noting subdued domestic demand and considerable downside risks to growth in the second half of 2014 related to the property sector slowdown justifying expectations for more easing measures to support the recovery. The Shanghai Composite was bid higher by an impressive 4.9% this week - the biggest gain since early 2013 and the highest level for the index in 15 months.

Sept 05 2015

Still slow but picking up and becoming easier by day. Couple nice 1:3ers on FB and SPY made for a nice finish to the week

Session Time: Fri Sep 05 00:00:00 2014
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
[09:09] {RonS} gm gents
01[09:09] {@Threei}  ron :)
[09:16] {troub} good morning
01[09:16] {@Threei}  troub :)
01[09:23] {@Threei}  quiet pre-market
01[09:23] {@Threei}  most likely quiet day
[09:24] {nemo} 7 mill spy and bad retail results
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -PRAN +30% (FDA orphan drug designation for PBT2 for Huntington's Disease)
01[09:24] {@Threei}  -BLOX +14% (earnings)
01[09:24] {@Threei}  -AMBA +9% (earnings)
01[09:24] {@Threei}  -LOCO +6% (earnings)
01[09:24] {@Threei}  -MOBI +3.8% (repurchased 16M shares from Sequoia Capital)
01[09:24] {@Threei}  -FCEL +2.5% (accelerating commercialization of Solid Oxide Fuel Cell development with $7.5M contract)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -REPH -50% (Phase IIb trial of Dex-IN shows no statistical significance as single agent)
01[09:24] {@Threei}  -ZQK -17% (earnings)
01[09:24] {@Threei}  -ZUMZ -6.2% (earnings)
01[09:24] {@Threei}  -GPS -5.8% (earnings)
01[09:24] {@Threei}  -FNSR -5.3% (earnings)
01[09:24] {@Threei}  -KORS -4.5% (prices 11.6M offering at $76.75/shr)
01[09:24] {@Threei}  -SEAC -4.3% (earnings)
01[09:24] {@Threei}  \
[09:25] {RonS} loco pasado pulpa
01[09:27] {@Threei}  keeping an eye ion KORS
01[09:32] {@Threei} Long Setup:  FB  .20 break
01[09:32] {@Threei}  If holds  .10
01[09:33] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  KORS  76 break hl
01[09:35] {@Threei}  If holds  .85
01[09:39] {@Threei}  nah
[09:48] {dino} adding hclp calls
[09:52] {dino} kors sm l .00
01[09:52] {@Threei} Long Setup:  SPY  .10 break
01[09:52] {@Threei}  If holds  200
[09:56] {nemo} oops
01[09:56] {@Threei}  ?
01[09:57] {@Threei}  1:1
[10:03] {dino} out kors .25, +.25
[10:03] {nemo} SOB!!!!
[10:04] {nemo} frickin' wicked out by a penny
[10:06] {RonS} wow gild...what a range
01[10:06] {@Threei} Long Setup:  FB  .80 break
01[10:06] {@Threei}  If holds  .80
[10:07] {nemo} did you mean .90
[10:08] {troub} tight stop
[10:09] {RonS} lol
01[10:09] {@Threei}  .90 of course
01[10:10] {@Threei}  smart asses
01[10:10] {@Threei}  :)
01[10:10] {@Threei}  what was it, 1:2 while you mocked me? :)
[10:10] {nemo} gone before I saw it
01[10:11] {@Threei}  huh?
[10:11] {troub} mock? never
01[10:11] {@Threei}  no way
01[10:11] {@Threei}  it was quite easy at .92
[10:11] {nemo} I never saw it was over the whole
01[10:15] {@Threei} Long Setup:  FB  .80 break
01[10:15] {@Threei}  If holds  .70
01[10:17] {@Threei}  no go
01[10:18] {@Threei}  KORS nice recovery
[10:19] {dino} yeah, sold too soon
[10:24] {dino} rare gap fill
01[10:46] {@Threei}  Teachers who are going without a paycheque now are not allowed to tutor students. That would be akin to crossing the picket line, the union says.
[10:47] {RonS} seig heil...
01[10:51] {@Threei} Short Setup: TWTR  .60 break
01[10:51] {@Threei}  If holds  .70
[10:52] {dino} out db calls from few weeks ago, +.60/38%
01[10:52] {@Threei}  Invalidated
01[10:53] {@Threei} Long Setup:  FB  .90 break
01[10:53] {@Threei}  If holds  .80
01[11:01] {@Threei}  no go
01[11:06] {@Threei}  rinse
01[11:06] {@Threei}  son of a motherless goat
01[11:07] {@Threei}  1:2... ^%$@(&%
[11:13] {dino} what are you trying to say
01[11:13] {@Threei}  jujst expressing how happy I am about blue sky, floating butterflies, blooming flowers
[11:14] {dino} ahh, indeed
[11:17] {RonS} Obama speaking in about 15 your bet...
01[11:27] {@Threei} Long Setup:  FB  .10 break
01[11:27] {@Threei}  If holds  76
01[11:31] {@Threei}  UR) Reportedly explosions heard north of the eastern Ukraine city of Donesk minutes after the ceasefire agreement went into effect
[11:31] {nemo} vodka still
[11:32] {nemo} oxy having trouble while market strong
01[11:41] {@Threei}  1:1
01[11:43] {@Threei}  1:2
01[11:44] {@Threei}  this new trading software I am testing has amazing feature
01[11:44] {@Threei}  stock reaches the level you eant to take partial at, you click on the line with position and elect option "sell 50%"
01[11:45] {@Threei}  boom, done
01[11:45] {@Threei}  next level, do the same, this time it sells 1/4 of original
01[11:45] {@Threei}  last sell level, elect 100%
01[11:45] {@Threei}  no entering or changing amount of shares
01[11:45] {@Threei}  just one click
[11:45] {RonS} nice
01[11:46] {@Threei}  just have to be willing to use market order of course
01[11:46] {@Threei}  so appl,icable to nicely liquid stocks
01[11:54] {@Threei}  1:3
01[11:54] {@Threei}  out
01[11:54] {@Threei}  finally something decent
[11:58] {nemo} wow u can short tna today
[12:11] {dino} gj
[12:13] {dino} nemo, watched star trek into darkness the other night, i'm loking the new trek cast/movies
[12:15] {nemo} yeah, they do a nice job, but I liked the first movie better...however, that Benedict Cumberbatch is an impressive should see him in the modern BBC Sherlock Holmes...he was also good in Tinker, Tailor, Soldier, Spy with Gary Oldman
[12:16] {dino} liked the way they are building up the kahn history
[12:17] {nemo} The guy who plays Kirk is in an older movie on Netflix about the 1976 Wine Challenge in France where California wines took the top prize...really good I think it's called Bottle Shock.  Has another Brit I really like whose name escapes me
[12:19] {nemo} watching VXX  Vad?
[12:20] {nemo} Alibaba begins trading the 18th so they hold the market up at least until then
01[12:21] {@Threei}  VXX... tempting
[12:22] {nemo} might be a tad early
[12:22] {nemo} Hey Dino:  NFLPC
[12:25] {RonS} jazz, agn buyout rumor
01[12:38] {@Threei}  Obama says hopeful but skeptical of Ukraine ceasefire
01[12:38] {@Threei}  that pretty much descxribes my feelings about his resignation
[12:38] {RonS} or competence...
01[12:39] {@Threei}  no... not hopeful about that at all
[12:48] {nemo} VXX bounce
[12:55] {RonS} Estonia says security officer was taken at gunpoint into Russia:
01[12:56] {@Threei}
01[12:56] {@Threei}  these nice folks at the helm of EU, US, NATO should realize that Putin ewill dtop only when he is stopped
01[12:57] {@Threei}  stop
01[13:01] {@Threei} Long Setup:  VXX  .65 break
01[13:01] {@Threei}  If holds  .55
[13:07] {nemo} spy 201
01[13:07] {@Threei}  Invalidated
01[13:17] {@Threei} Long Setup:  VXX  .60 break
01[13:17] {@Threei}  If holds  .50
[13:24] {RonS} KERX Quotes resume at 1:35, trading 1:40.
[13:25] {RonS} 23% float short  20 mil sh
01[14:04] {@Threei}  ugh
[14:05] {nemo} they may run this to ATH
[14:06] {nemo} BTFD!!!
[14:07] {dino} yep
[14:07] {nemo} see if I can make today a respectable loss
01[14:48] {@Threei} Long Setup:  SPY  .80 break
01[14:49] {@Threei}  If holds  .70
[14:52] {nemo} breakouts in a dull market
01[14:53] {@Threei}  this is pullback entry
01[15:07] {@Threei}  1:1
[15:25] {dino} out hclp calls from earlier, +1.06/+24%
01[15:25] {@Threei}  wtg
[15:25] {dino} ty
[15:26] {nemo} should gap up on Monday
01[15:27] {@Threei}  if no sudden developments, yes
[15:27] {nemo} probably over 202 at least in pre market
[15:30] {nemo} vxx looks bearish
[15:30] {nemo} no fear
01[15:31] {@Threei}  nope
01[15:32] {@Threei}  just holding piece of SPY with .79 stop still, to see how it ends
[15:41] {nemo} I'm getting no T&S movement in my display
[15:42] {nemo} what do you have for a spy price Vad?
01[15:42] {@Threei}  .91
01[15:42] {@Threei}  .90 x .91
[15:42] {nemo} something screwed up here
[15:43] {nemo} logged out and in
01[15:44] {@Threei}  1:2
01[15:50] {@Threei}  1:3
01[15:50] {@Threei}  out
01[15:51] {@Threei}  happy to end the week on this
01[15:51] {@Threei}  trading is much much easier already than it was in Aug
01[15:51] {@Threei}  and will be only better from here
[15:51] {dino} still slow
01[15:51] {@Threei}  yeah, well, short week
01[15:52] {@Threei}  right after vacation
[15:52] {dino} but last two weeks have been very profittable
01[15:52] {@Threei}  picks up gradually
01[15:52] {@Threei}  :)
01[15:52] {@Threei}  thank you all, have a great weekend'
01[15:52] {@Threei}  see you Monday
[15:53] {dino} gn all