Session Time: Tue Jul 15 00:00:00 2014
[08:31] {nemo} What time does Granmama speak?
[08:42] {nemo} I'm feeling ignored....
[08:42] {nemo} ....sniff
[08:42] {nemo} ....sniff
[08:42] {nemo} ....sniff
01[08:49] {@Threei} oh, don't cry
[08:49] {nemo} allergies
01[08:49] {@Threei} ah... then do
[08:58] {nemo} kors might try for the gap in the daily today
[09:15] {troub} good morning you all
01[09:16] {@Threei} troub :)
[09:16] {nemo} ugh!
01[09:16] {@Threei} KORS might be a play, if spreas tighten
01[09:16] {@Threei} spread
[09:17] {nemo} yeah...would expect an attempt to jam the shorts on the open
[09:19] {nemo} boy is it humid here again today, gonna' have another day of this
[09:22] {nemo} spy slightly over 1 mil shares, but granmama should throw molasses into the mix this morning
[09:26] {nemo} LO might be busy
01[09:29] {@Threei} Upside:
01[09:29] {@Threei} -CDXS +64.5% (tech collaboration with GSK)
01[09:29] {@Threei} -LJPC +19.9% (positive pre-clinical data for LJPC-1010)
01[09:29] {@Threei} -ROC +12.1% (merger with ALB)
01[09:29] {@Threei} -CMA +7.8% (earnings, guidance)
01[09:29] {@Threei} -LGF +3.7% (strategic collaboration w/Alibaba)
01[09:29] {@Threei} -KITE +4.4% (positive broker comments)
01[09:29] {@Threei} -WWW +3.1% (earnings, strategic realignment plan)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -LO -5.3% (acquisition by RAI)
01[09:29] {@Threei} -VLO -2.9% (lowered guidance; MPC/PSX/TSO also down on light volume)
01[09:29] {@Threei} -RAI -2.7% (acquisition of LO)
01[09:29] {@Threei} -MO -0.7% (follow-through on RAI/LO deal)
01[09:29] {@Threei} -APOL -1% (Dept of Ed review disclosure)
01[09:29] {@Threei} -STEM -8% (stock offering)
01[09:29] {@Threei} -AAN -6% (cut outlook)
[09:29] {ese} gm
01[09:29] {@Threei} ese :)
[09:31] {ese} ljpc
[09:31] {nemo} kors 76.8 retrace of gap,
01[09:31] {@Threei} Long Setup: FB .80 break
01[09:31] {@Threei} If holds .70
[09:32] {nemo} .65 pivot
01[09:32] {@Threei} valid
[09:32] {ese} dino type spreads .10 to .15 cents and more
01[09:33] {@Threei} no go
01[09:36] {@Threei} Long Setup: IWM .75 break
01[09:37] {@Threei} If holds .65
01[09:37] {@Threei} stop to .69
01[09:39] {@Threei} 1:1
[09:39] {nemo} finnie gap fill
[09:39] {nemo} spy entering overhead gap
01[09:40] {@Threei} 1:2
[09:42] {dino} kors smr l .74 pulp
[09:43] {nemo} if it can't get above vwap don't hang around imo
01[09:45] {@Threei} Long Setup: FB .60 break
01[09:45] {@Threei} If holds .50
01[09:46] {@Threei} 1:1
[09:55] {nemo} RTRS - ESPIRITO SANTO GROUP'S HOLDING COMPANY RIOFORTE PREPARING TO FILE FOR CREDITOR PROTECTION IN LUXEMBOURG - SOURCES
01[09:57] {@Threei} Short Setup: TWTR .75 break
01[09:57] {@Threei} If holds .85
01[09:59] {@Threei} *(US) MAY BUSINESS INVENTORIES: 0.5% V 0.6%E
01[09:59] {@Threei} (US) Fed Chair Yellen: Economy is continuing to improve - Congressional testimony
01[10:00] {@Threei} (US) CBO: Long-term budget outlook includes slight downward revisions to US GDP growth, interest rates and healthcare costs
01[10:01] {@Threei} no go
[10:01] {dino} oas sm l .00
[10:03] {nemo} no stocks strong, but not a single stock signaling on the weak side
[10:03] {nemo} I lied: GMCR QCOR YELP on weak side
[10:04] {RonS} oil 99.56
[10:08] {dino} kors to .24
01[10:09] {@Threei} TWTR rinse
[10:09] {nemo} breaks the swing high 82 should be easy
[10:10] {dino} out kors .34, +.60
01[10:10] {@Threei} wtg
[10:10] {dino} ty
[10:11] {troub} good one dino
[10:11] {nemo} now it's a short again
[10:12] {dino} ty
[10:12] {dino} syna drop
[10:12] {nemo} full red on the algo dino
01[10:13] {@Threei} this starts looking like fun... waiting for a bounce to short
[10:14] {dino} kors sm l .60
[10:15] {RonS} Fed's Yellen says small cap, biotech and social media forward PE ratios 'high relative to historical norms'
[10:15] {nemo} she's stockpicking now?
[10:15] {nemo} red side strong
[10:16] {dino} they know everything
01[10:16] {@Threei} except whether housing was a bubble
01[10:17] {@Threei} Short Setup: FB 67 break
01[10:17] {@Threei} If holds .10
[10:18] {dino} out kors .10, +.50
[10:19] {troub} better than good
01[10:20] {@Threei} grr
[10:22] {nemo} fb looks short
[10:22] {nemo} gap fill coming
01[10:23] {@Threei} another rinse
01[10:23] {@Threei} sheesh
[10:25] {dino} syna smr l .40
01[10:25] {@Threei} Long Setup: IWM 115 break
01[10:25] {@Threei} If holds .90
[10:26] {nemo} just letting you know dino syna is the #1 weak stock today on the algo
[10:27] {dino} ty
[10:27] {dino} hard stop at lod brk
[10:28] {dino} gwph working that 78 gap
01[10:30] {@Threei} Long Setup: CAT .80 break
[10:31] {dino} oas stop .70 -.30
01[10:31] {@Threei} If holds .70
01[10:33] {@Threei} not getting rhythm right
[10:34] {dino} put some tunes on
[10:34] {RonS} 3 black chick backup always worked for Joe Cocker...
[10:40] {dino} syna stop -.30
[10:42] {RonS} alb dino
[10:43] {dino} kors sm l .60
[10:53] {dino} oas l .50
01[10:53] {@Threei} Long Setup: IWM .40 break
01[10:54] {@Threei} If holds .30
01[10:55] {@Threei} 1:1
[10:55] {RonS} silver slam
01[10:55] {@Threei} gold too
[11:00] {RonS} oil 98.32
01[11:02] {@Threei} Long Setup: IWM .30 break
01[11:02] {@Threei} If holds .20
01[11:05] {@Threei} 1:1
[11:05] {RonS} sorry that should have been 99.32...now 99.12
[11:06] {RonS} ...getting new glasses...
01[11:06] {@Threei} 1:2
[11:09] {nemo} vwap run
01[11:10] {@Threei} 1:4
01[11:10] {@Threei} finally got couple decent ones
[11:11] {nemo} stop for me under .60
[11:12] {nemo} shooting for .96
[11:15] {nemo} oy vay
[11:17] {nemo} very hard going up today
[11:18] {dino} yeah
[11:19] {nemo} oh this will get it
[11:22] {dino} out oas .74, +.24
[11:23] {dino} kors to .96
[11:24] {dino} out, +.36
01[11:28] {@Threei} - Fed Chair Yellen is testifying before the Senate this morning and more or less reiterating all her standard policy positions. Surprising nobody, Yellen said rates would be more accommodative if the economic performance is disappointing and could increase sooner if the labor market continues to improve faster than expected.
01[11:28] {@Threei} The one interesting note came in the text of the Fed's official Monetary Policy Report to Congress, in which Yellen warned that small cap biotech and social media valuations are a bit high relative to historical norms. Shares of FB, TWTR and a few other momentum names came off a bit on the remarks.
[11:28] {dino} not much hitorical record for social media stocks
[11:28] {dino} historical
01[11:29] {@Threei} no kidding
[11:31] {nemo} things sure going down easy
01[11:32] {@Threei} Long Setup: TWTR 38 break
01[11:32] {@Threei} If holds .90
01[11:33] {@Threei} that was actually the case last week, which made it nicely tradeable
01[11:33] {@Threei} hope it's a sign of things to come soon
01[11:36] {@Threei} nah
[11:37] {nemo} see if spy can close that gap below
[11:41] {nemo} for the less than faint of heart, gmcr looks short
[11:42] {nemo} .60 level stop
[11:43] {nemo} dramamine stock
[11:47] {nemo} spy down a whole .71 cents...
[11:47] {nemo} I feel like one of Pavlov's pets
01[11:50] {@Threei} I feel like Pavlov
01[11:51] {@Threei} dog to another dog: Look what I found out about this guy - every time I drool, he will nod, smile and write something in his diary
01[11:53] {@Threei} Short Setup: IWM .25 break
01[11:53] {@Threei} If holds .35
01[11:55] {@Threei} 1:1
[11:56] {dino} here comes your spy gap
01[11:57] {@Threei} 1:2
[11:57] {nemo} spy gap fill just under .60 Weekpy pivot .54
01[11:57] {@Threei} loving this
01[11:58] {@Threei} you missed last week dino... was rich with this kind drops
01[11:58] {@Threei} 1:3
01[11:58] {@Threei} me out
[11:58] {dino} saw some of that, was bumming
[12:05] {dino} oas sm l .20
01[12:11] {@Threei} NASA scientists say they're closer than ever to finding life beyond Earth
01[12:12] {@Threei} isn't it a statement that remains true at any point in time?
[12:12] {dino} lol
01[12:12] {@Threei} in 5 min they'll be 5 min closer yet, no?
[12:12] {nemo} I wonder if they'll ever find intelligent life n earth
[12:13] {nemo} on
[12:13] {cosmo} maybe its inside...
[12:13] {nemo} oh the internal world base 211 stuff
[12:14] {nemo} think I'll go with Shambala myself
[12:38] {dino} out oas .52, +.32
01[12:38] {@Threei} wtg
01[12:38] {@Threei} http://petapixel.com/2014/07/13/satirical-facebook-post-sparks-outrage-stephen-spielberg-hunting-triceratops/
[12:39] {dino} ty
[12:39] {dino} bita bouncing around
[12:40] {dino} gpro spike
[12:45] {dino} mobl drop
[12:54] {nemo} http://goo.gl/OBR0Cy
[12:54] {dino} kors sm l .53
[13:11] {nemo} vwap ceiling
[13:11] {dino} y
[13:15] {nemo} kors not moving with the indexes
01[13:44] {@Threei} Short Setup: IWM .60 break
01[13:44] {@Threei} If holds .70
[13:46] {dino} watt drop
[13:48] {dino} sm l .26 ave
[13:51] {dino} kors stop -.30
01[14:07] {@Threei} valid again
01[14:15] {@Threei} (RU) Next round of sanctions against Russia said to focus on Russia companies and the potential cancellation of economic deals previously sought with Russia
01[14:16] {@Threei} and NASA says they can see those sanctions approaching, around the same time thney intend to discover life on another planet
[14:19] {dino} out watt .60, +.34
[14:22] {dino} today seems like its lasting forever
01[14:25] {@Threei} market needs to lull as many as possible into total complacency
01[14:25] {@Threei} then fireworks start
[14:29] {dino} doing a good job on me, yawning
01[14:30] {@Threei} you are not the target audience, you'll spring back to action on moment notice :)
01[14:31] {@Threei} it's inWestor who wants safety of his principal... and waited 5 years to trust the market... and finally did, in 2014 {G}
[14:32] {dino} lol, iwestor, those were funny commercials.....now "lets light this candle"
[14:34] {dino} we may be close to serious pullback, at a few parties last week, everybody talking stocks
[14:35] {nemo} get any recommendations?
01[14:35] {@Threei} shoe shiner indicator
01[14:43] {@Threei} Short Setup: TWTR .90 break
01[14:44] {@Threei} If holds 38
01[14:50] {@Threei} wow
01[14:53] {@Threei} finally
01[14:53] {@Threei} 1:1
01[15:20] {@Threei} Short Setup: TWTR .70 break
01[15:20] {@Threei} If holds .80
[15:32] {nemo} o.k. doctor appointment time... P&Q
01[15:36] {@Threei} Long Setup: IWM .50 break
01[15:36] {@Threei} If holds .40
01[15:42] {@Threei} half out
01[15:42] {@Threei} stop .49
01[15:45] {@Threei} closed balance on a trail
01[15:45] {@Threei} thank you all, have a good evening
01[15:45] {@Threei} see you tomorrow
[15:48] {dino} gn al;l
[15:48] {dino} all too
