Monday, June 16, 2014

June 16 2014

Very strong day for us, with just one stop and many winners - 2 of them being 1:3ers. FB, IWM, TWTR were our plays.

Session Time: Mon Jun 16 00:00:00 2014
01[09:01] {@Threei}  *(CA) CANADA MAY EXISTING HOME SALES M/M: 5.9% V 2.7% PRIOR
[09:01] {dino} gm
[09:02] {dino} everybody moving to canada
[09:02] {RonS} gm...and Ireland
01[09:03] {@Threei}  dino, ron :)
01[09:03] {@Threei}  well, I knew there was areason for that warship visit
[09:05] {RonS} holding breath...turning purple...
01[09:06] {@Threei}  for?
[09:06] {RonS} the reason
01[09:06] {@Threei}  oh... buying our houses!
[09:06] {RonS} ah
01[09:07] {@Threei}  that was a finish of previous theme, not a start of a new one :)
[09:07] {RonS} thought maybe they were strike breakers...
01[09:07] {@Threei}  hey... that's an idea
[09:14] {dptl} good morning
[09:14] {troub} good morning you all
01[09:14] {@Threei}  dp :)
01[09:14] {@Threei}  troub :)
[09:15] {RonS} 3i, have you seen the movie Jack Ryan:  Shadow Recruit?
01[09:15] {@Threei}  no
01[09:15] {@Threei}  good one?
[09:16] {RonS} Ruskies as bad guys, wondered what you might have thought of the portrayal
[09:16] {RonS} terrorist attack, combined with $ crash
01[09:17] {@Threei}  new one, this year I see
01[09:17] {@Threei}  gotta watch it
[09:18] {RonS} but, before there was Jack Bauer, there was Jack Ryan...
01[09:18] {@Threei}  hehe
[09:20] {RonS} US corp tax rate is the true "giant sucking sound"...
[09:22] {RonS} wmt 59 day low
[09:22] {cosmo} corp tax rate?
[09:22] {cosmo} its too low as it is...
[09:22] {RonS} corp moving domicile due to rate...
[09:22] {RonS} +s
[09:23] {cosmo} then its a zero corp tax rate
[09:23] {cosmo} for those that move
[09:23] {ese} poppin in to hi before walking a picket
[09:23] {ese} say hi
01[09:23] {@Threei}  hey ese
[09:24] {ese} hey vad
01[09:24] {@Threei}  no deal still?
[09:24] {RonS} mdt buys cov to go to ireland
[09:24] {ese} not yet
[09:24] {RonS} does 2 pickets make a fence?
[09:25] {ese} lol
[09:25] {ese} not in my case......
[09:25] {Alexs} gm
[09:25] {RonS} picket and grin it?
[09:25] {ese} alex
[09:26] {Alexs} ese :)
01[09:26] {@Threei}  alex :)
[09:26] {Alexs} Vad :)
01[09:29] {@Threei} Short Setup: FB  .10 break
01[09:29] {@Threei}  If holds  .20
01[09:30] {@Threei}  1:1
01[09:30] {@Threei}  1:2
[09:31] {thomcbell} watching wft for a long entry
[09:32] {nemo} yhoo
01[09:34] {@Threei}  (US) IMF lowers US 2014 GDP forecast to 2.0% from 2.8% prior (cites weather impacted Q1); maintains 2015 GDP forecast at 3%
01[09:36] {@Threei} Long Setup:  YHOO  .85 break
01[09:36] {@Threei}  If holds  .77
01[09:37] {@Threei}  1:1
01[09:38] {@Threei}  1:2
01[09:38] {@Threei}  actuall 1:3 but I didn't catch ot, lol
[09:39] {Alexs} I did ty :)
01[09:39] {@Threei}  wtg
01[09:41] {@Threei} Long Setup:  MDT  .40 break hl
01[09:42] {@Threei}  If holds  .30
[09:42] {nemo} Covidien is HQ'd next town over from me
01[09:43] {@Threei}  Invalidated
01[09:43] {@Threei}  but on watch for better entry
01[09:43] {@Threei} Long Setup:  IWM  .80 break
01[09:44] {@Threei}  If holds  .70
[09:47] {dino} smr l ypf .01, wide
01[09:51] {@Threei}  stop .74
[09:53] {Alexs} The International Monetary Fund released its annual review of the U.S. economy on Monday and called on the U.S. to raise its federal minimum wage rate
[09:53] {Alexs} wtf !
01[09:53] {@Threei}  imbeciles
01[09:53] {@Threei}  correction: meddlesome arrogant imbeciles
[09:54] {dino} ypf stop -.30, stupid, got greedy
01[09:54] {@Threei}  that's not all
01[09:54] {@Threei}  read this:
01[09:54] {@Threei}  - endorses increase in the US minimum wage, increase infrastructure spending and education; tax reform is necessary - calls for tax credits for R&D to help growth; increase in gasoline tax; reform corporate taxes and perhaps launch a carbon tax and a federal VAT
01[09:55] {@Threei}  lord, make me a president of USA for 3 minutes
[09:55] {Alexs} lol they whant to kill us
01[09:55] {@Threei}  1 minutes to deal with IMF, one - with UN
01[09:55] {@Threei}  and one to to have a drink and cigar while marveling at my work
[09:56] {Alexs} :)
01[09:56] {@Threei}  half out IWM
[09:56] {dino} i'd just say, in my best hank reardon voice, "get out of the way"
01[09:56] {@Threei}  stop .79
[09:56] {dino} dwa hl l .25 stop lod
01[09:56] {@Threei}  out
[09:57] {dino} gild  odd, phase III hep c, 100% success, stock moves .39
01[09:58] {@Threei}  wow MDT
01[09:58] {@Threei}  rather your client, dino, ron
01[09:59] {@Threei}  *(US) JUN NAHB HOUSING MARKET INDEX: 49 V 47E
[09:59] {dino} takeover, no idea
01[10:00] {@Threei}  Russia explodes at Ukraine after one of its top diplomats called Putin a 'd-head'
01[10:00] {@Threei}  actually what he called him a much more rude
[10:00] {dino} roflol
01[10:00] {@Threei}  I really don't know how to translate that
[10:00] {dino} bunch of high school kids running the world
[10:02] {Alexs} what was original word Vad?
01[10:03] {@Threei}  huilo
[10:03] {Alexs} lol
01[10:03] {@Threei}  very dimplomatic, eh? :)
01[10:03] {@Threei}  grrr IWM
[10:07] {RonS} mdt cov trading like this deal is going to be blocked...
01[10:10] {@Threei} Long Setup:  TWTR  .40 break
01[10:10] {@Threei}  If holds  .30
01[10:12] {@Threei}  1:1
01[10:15] {@Threei}  1:2
[10:16] {thomcbell} watching ntap for short entry
01[10:23] {@Threei}  took 36 thom?
[10:26] {thomcbell} no i stepped away
[10:26] {thomcbell} this stock should not be up on a fio takoever
[10:26] {thomcbell} it should be down
[10:27] {thomcbell} in my opinion
[10:31] {dino} cbi hl l .95
[10:36] {RonS} CBI opening call buyer »»
[10:36] {RonS} 1000 CBI Jul14 77.5 Calls $1.30
01[10:37] {@Threei} Short Setup: TWTR  .25 break
01[10:37] {@Threei}  If holds  .35
01[10:38] {@Threei}  1:1
01[10:39] {@Threei}  Poroshenko plans to regain control on Ukrainian-Russian border within a week
01[10:39] {@Threei}  he already planned to cease fire within a week
[10:42] {dino} wmb smr s .55 stop .76
[10:48] {dino} cov wmb .15, +.40
[10:50] {RonS} wmgi spike
[10:50] {dino} oilt?
01[10:52] {@Threei}  no news
[10:52] {dino} wmgi hl s .23
01[10:52] {@Threei}  WMGI Hearing takeover chatter circulating
01[10:57] {@Threei} Short Setup: FB  .20 break
01[10:57] {@Threei}  If holds  .30
01[10:58] {@Threei}  quick 1:1
01[10:58] {@Threei}  Poroshenko hopes for end to conflict in country's east this week
01[10:58] {@Threei}  and I thought I was going to have busy week!
01[10:59] {@Threei}  I think I can be a president... it doesn't look too difficult: you say what you are going to achieve this week; next week you repeat it
01[10:59] {@Threei}  the only problem arises if for some reason what you planned actually happens... then you have to come up with new plan
[11:00] {Alexs} lol
01[11:00] {@Threei}  Russia halts gas supplies to Ukraine a
[11:00] {RonS} be like O, when nothing ever works out for you just say "it's time to move on, tha is old news"
01[11:01] {@Threei}  right, that's another good pointer
[11:01] {dino} or its bush's fault
01[11:01] {@Threei}  third... man, I feel fully ready
[11:01] {RonS} or i lost the emails...
01[11:01] {@Threei}  worst case scenario: Putin's dog ate my homework
[11:01] {RonS} lol
[11:02] {dino} hillry just says i forgot to look in the closet
[11:02] {RonS} or Putin is a dog and ate my homeowrk
01[11:02] {@Threei}  lol
01[11:02] {@Threei}  twice (most recently in the thick of the Ukrainian crisis), well aware of Ms. Merkel’s deep-seated fear of dogs, he let his big, black Labrador Koni into the room with her, even sniff her legs, and watched with a peculiarly passive expression.
[11:02] {dino} cbi stuck, to b/e
[11:03] {RonS} uthr all over the place today...
[11:03] {RonS} imo need to wait for europe close cbi...
[11:04] {dino} why ron?
[11:04] {RonS} swiss based
[11:04] {dino} ahh. the chicago threw me
[11:04] {dino} out flat
01[11:06] {@Threei}  1:3
01[11:06] {@Threei}  out
[11:07] {dino} gj
01[11:09] {@Threei}  ty
01[11:09] {@Threei}  so far, 100% day
[11:11] {dino} ty ron, cov wmgi .97, +.26
[11:11] {RonS} np
01[11:29] {@Threei} Short Setup: IWM  .40 break
01[11:29] {@Threei}  If holds  .50
01[11:31] {@Threei}  1:1
[11:32] {Alexs} can't do wrong day :)
01[11:32] {@Threei}  yup
01[11:34] {@Threei}  1:2
01[11:38] {@Threei}  - Small biotech name Bluebird Bio saw remarkable gains in the premarket this morning, with shares up as much as 70%, although they have dropped to a mere 40% gain as of writing. Bluebird is a developer of therapies that aim to repair the genetic defects at the root of rare diseases
01[11:47] {@Threei}  while waiting for the next setup... look at the complex natural geometry of this lucky shot:
01[11:47] {@Threei}
[11:50] {dino} oilt taunting me
[11:50] {Alexs} I would call that picture a Soup Set
[11:50] {dino} jva drop
[11:59] {dino} taxi drop
01[11:59] {@Threei}  as in, fish soup? with some turtle?
[12:00] {Alexs} and probably some flamingo..
[12:18] {nemo} iwm looks short
[12:19] {dino} scanners dead already
[12:22] {nemo} well, guess it'll test the highs first
[12:28] {dino} nuan
[12:29] {dino} hl s .75
[12:30] {RonS} NUAN Dow Jones Reports Nuance Has Held Talks With Samsung, PE Firms, According to Sources
[12:35] {dino} cov nuan .35, +.40
[12:42] {nemo} yhoo stealthily mvoing up
[12:42] {dptl} i may take .25 break long
01[12:52] {@Threei}  nemo
01[12:52] {@Threei}  this one's for you if you promise to keep calm
01[12:52] {@Threei}
01[13:05] {@Threei} Long Setup:  FB  .50 break
[13:05] {Alexs} where did you make a picture of mt Baker Vad?
01[13:05] {@Threei}  If holds  .40
01[13:05] {@Threei}  it's visible from our shores Alex
[13:05] {Alexs} wow
01[13:06] {@Threei}  any beach orientated that way
[13:09] {RonS} on a clear day can't you see 3-4 of them?
01[13:10] {@Threei}  depends on amount of vodka
[13:10] {Alexs} :)
[13:10] {RonS} rotflol
[13:10] {RonS} ok then 6-8...
[13:11] {dino} nuan s .71
01[13:11] {@Threei}  Economic side of Ukraine, EU association agreement set to be signed on June 27
[13:13] {Alexs} interesting, will it inlude Crimea?
[13:13] {Alexs} include
[13:20] {nathan} hi gents
01[13:21] {@Threei}  hey nathan
01[13:22] {@Threei}  probably FB from under .20
01[13:22] {@Threei}  nathan, need a list of things you missed today, to catch up?
01[13:23] {@Threei} Long Setup:  FB  .20 break
01[13:23] {@Threei}  If holds  .10
[13:27] {dino} shpg
01[13:27] {@Threei}  1:1
[13:28] {dino} smr s 188.61
[13:28] {nathan} short TGT?
[13:29] {nathan} not a good idea
[13:29] {dino} cov 185.61, +3
[13:30] {dino} tough crowd
01[13:30] {@Threei}  we can't count that far dino
[13:38] {dino} nuan stop .80 -.09
[13:38] {dino} zoes drop
[13:58] {dino} nuan s .90 stop hod
[14:04] {RonS} gee dad, what did you do today...shire went up $11 bucks and i made 3 shorting it...
[14:05] {nemo} yhoo testing 35
[14:05] {dino} :)
01[14:06] {@Threei}  poor ese:
01[14:06] {@Threei}  The head of the BC Teachers Federation says the full scale strike planned for Tuesday is still imminent, after a weekend of bargaining.
01[14:06] {@Threei}  now, get this:
01[14:06] {@Threei}  the union offered a 5-year deal with an 8% overall salary increase. That brings them to within about one percentage point from the government’s position. The BCTF also asked for a $5-thousand dollar signing bonus, up from $1200 offered by the government.
01[14:06] {@Threei}  5K signing bonus for teacher
[14:06] {dino} crazy
01[14:07] {@Threei}  mfers should pay for this position!
[14:08] {dptl} have to leave early...see ya tomorrow all
[14:09] {dino} cya dp
01[14:09] {@Threei}  take care dp
[14:23] {dino} vnce spike
[14:47] {dino} nuan to .77
[14:48] {dino} to .71
[14:49] {dino} cov nuan .70, +.20
[14:51] {nathan} politicians in spain are willing to include drugs and prostitutes in the GDP
[14:51] {nathan} can u believe it?
01[14:51] {@Threei}  hehe
01[14:51] {@Threei}  we already had fun about that
[14:51] {nathan} they don't know wherelse shake the money maker
[14:54] {dino} lgnd drop
[14:57] {dino} lgnd hl l .51
[14:58] {dino} out lgnd .95, +.44
[14:59] {nathan} wow
[14:59] {nathan} gj dino!
[14:59] {dino} ty
[14:59] {nemo} Dino's a great spear catcher
[14:59] {dino} you missed my $3 trade on shpg, took about 60 seconds
[14:59] {nathan} what?!?!?!?!?!!
01[15:00] {@Threei}  yup
[15:00] {dino} scroll up13:30
01[15:00] {@Threei}  you missed a lot today nathan
[15:00] {nathan} sorry but i cant count this
01[15:00] {@Threei}  100% day
01[15:00] {@Threei}  and couple interesting discoveries
[15:00] {nathan} thanks to remind me Vad :-)
[15:00] {nathan} which ones?
01[15:00] {@Threei}  1. if you make fish soup with turtles, you need to add flamingoes
[15:00] {dino} 4 stops on 11 trades
01[15:01] {@Threei}  2. If you down 3 glasses of vodka, you can see from 6 to 8 Mot Bakers while looking from Canadian side to US
[15:01] {nathan} lol
[15:02] {dino} 3. if is a word in the middle of life
[15:02] {nathan} i have to read todays chat
[15:02] {dino} better day than last two weeks (for me at least)
[15:03] {nathan} with a $3 trade... i bet so!
[15:03] {dino} was smr size, only 200
[15:03] {dino} sh
[15:04] {nathan} :-)
[15:04] {nathan} how much is that... i only know how to count up to 20 cents :-)
[15:05] {dino} :)
[15:08] {dino} lgnd still dropping
[15:11] {RonS} Lemelson Capital Makes Short Case Against Ligand Pharma ($LGND)
[15:12] {dino} lgnd partial fill l .75
01[15:17] {@Threei} Short Setup: IWM  .80 break
01[15:17] {@Threei}  If holds  .90
[15:17] {dino} lgnd partial out .35, +.60
01[15:18] {@Threei}  (US) Fed reportedly considering bond fund exit fees to reduce chances of runs on the market - FT- Said to underscore the regulators' worries over potential vulnarability of the corporate bond market. - Report further noting the increase in regulation has led to about a 75% drop in bank inventories of bonds relative to the pre-GFC $235B level, while US retail investors account for over $1T in bond fund investment since 2009; Exit fees would also discourage retail investors from pulling their funds.
[15:18] {dino} screw the little guy again
[15:20] {nemo} iwm two way
[15:22] {dino} out remaining lgnd .35, +.60
01[15:29] {@Threei}  wtg
01[15:29] {@Threei}  Ukraine ready to let Russian militants disarm themselves and leave its territory
01[15:29] {@Threei}  lol
[15:29] {dino} ty
[15:30] {RonS} beam me up Scotty
01[15:31] {@Threei}  no worky
01[15:48] {@Threei}  thank you all, have a great evening
01[15:48] {@Threei}  see you tomorrow