Thursday, July 17, 2014

July 17 2014

1:3 EBAY long, right after taking 1:2 on the short side

Session Time: Thu Jul 17 00:00:00 2014
[08:37] {dino} gm
01[08:37] {@Threei}  morning dino
01[08:48] {@Threei}  MSFT job cuts is stunning
[08:50] {dino} seriously, how can you have that many un-needed employees
01[08:50] {@Threei}  as govt demonstrates, easy
01[08:57] {@Threei}  A science team is investigating a mysterious crater or sink hole on the Yamal peninsula of northern Siberia. No cause is yet known. This hole in the ground is about 80 meters (87.5 yards) across.
01[08:57] {@Threei}  hmmm... Earth got horrified and started swallowing Russia?
[08:58] {nemo} shoulda' started with Washington
[08:59] {cosmo} A Kimberlite hole i think:
01[08:59] {@Threei}  gotta practice first
[09:06] {nemo} sndk up against resistance
[09:07] {nemo} you get frc'd yet today dino?
[09:07] {RonS} gm lol
[09:07] {nemo} wow
01[09:07] {@Threei}  ron :)
[09:07] {nemo} sndk 99.70-100.38 in a blink
[09:09] {RonS} msft goulish
[09:10] {dino} lol, not yet
01[09:12] {@Threei}  Upside:
01[09:12] {@Threei}  -NEWL +40.1% (1-for-50 stock split momentum)
01[09:12] {@Threei}  -PRAN +17.0 (in-line Imagine trial results)
01[09:12] {@Threei}  -DRC +14.4% (SIE.DE takeover consideration)
01[09:12] {@Threei}  -ABMD +13.5% (earnings momentum)
01[09:12] {@Threei}  -SCSS +12.2% (earnings)
01[09:12] {@Threei}  -NTCT +6.4% (earnings)
01[09:12] {@Threei}  Downside:
01[09:12] {@Threei}  -SNDK -8.0% (negative price target moves)
01[09:12] {@Threei}  -MAT -7.9% (earnings)
01[09:12] {@Threei}  -CFX -7.8% (earnings)
01[09:12] {@Threei}  -OWW -5.9% (prelim results and offering)
01[09:12] {@Threei}  -YUM -2.3% (earnings)
01[09:12] {@Threei}  -LVS -2.5% (earnings)
[09:21] {nemo}
01[09:31] {@Threei} Short Setup: YHOO  .75 break
01[09:31] {@Threei}  .70
01[09:31] {@Threei}  If holds  .80
01[09:33] {@Threei}  EBAY...
01[09:33] {@Threei}  a bit ahead ofg itself
01[09:33] {@Threei}  YHOO stop to .76
01[09:34] {@Threei}  half out
01[09:34] {@Threei}  to .71
01[09:34] {@Threei}  out
01[09:35] {@Threei} Short Setup: EBAY  .40 break
01[09:35] {@Threei}  If holds  .50
01[09:35] {@Threei}  1:1
01[09:37] {@Threei}  1:2
01[09:40] {@Threei} Long Setup:  FB  .40 break
01[09:40] {@Threei}  If holds  .30
01[09:42] {@Threei}  nope
[09:50] {RonS} sndk brutal
01[09:50] {@Threei}  yeah
01[09:50] {@Threei}  tough read
01[09:51] {@Threei} Long Setup:  EBAY  .15 break
01[09:51] {@Threei}  If holds  .05
01[09:52] {@Threei}  1:1
[09:53] {RonS} lulu spike
[09:53] {nemo} kors also
01[09:53] {@Threei}  1:2
01[09:57] {@Threei}  1:3
01[09:59] {@Threei}  *(US) JULY PHILADELPHIA FED BUSINESS OUTLOOK: 23.9 V 16.0E
01[10:25] {@Threei}  SND... probably close to reversak again
01[10:25] {@Threei}  SNDK
[10:28] {dino} sndk smr l .80
[10:29] {dino} that sucked
[10:29] {nemo} got frc'd again
01[10:30] {@Threei}  a bit high entry maybe, after 60 cents bounce...
01[10:36] {@Threei}  A Russian jet has shot down a Ukrainian war plane, Ukraine's military has claimed, in a dramatic escalation of tensions on the two countries' common border.
[10:38] {dino} vxx l .37
[10:44] {nemo} frickin' chop city
01[10:48] {@Threei} Short Setup: IWM  .80 break
01[10:48] {@Threei}  If holds  .90
01[10:49] {@Threei}  [BLUE] makes positive comments based on potential for gene therapy to become a blockbuster drug - Says its sickle cell disease treatment, now in phase I, could become a "massive blockbuster" if it proves effective. Also highlights LentiGlobin, a gene therapy for beta-thalassemia patients which is in early stage trials.
[10:50] {dino} phase 1, long way to go
01[10:50] {@Threei}  yeah
01[10:51] {@Threei}  no go
01[10:57] {@Threei}  [BABA] Reportedly now considering IPO in September - financial press - There had been some prior speculation that it could try to launch in early August
[10:59] {nemo} COG
[11:00] {nemo} two way
[11:00] {nemo} lotsa' natural gas stocks on the weak side today
[11:03] {nemo} wow, that's a jerk around
01[11:08] {@Threei}  IWM rinse
01[11:08] {@Threei}  idea was right
[11:09] {nemo} ali baba IPO after labor day
[11:09] {dino} vxx to .54
01[11:14] {@Threei}  grrrrr
[11:15] {dino} vxx to .77
01[11:15] {@Threei}  wtg
[11:16] {dino} o .87
[11:16] {dino} to
[11:16] {RonS} Malaysian passenger aircraft, Amsterdam to Kuala Lumpur, crashes in Ukraine near Russian according to tweets.
[11:17] {dino} out vxx .89, +.52
[11:17] {RonS} gj
[11:17] {dino} ty
01[11:17] {@Threei}  UA) Malaysia passenger aircraft (Boeing 777) has crashed (other reports indicate it was 'shot down') near the Russia border with Ukraine; flight was from Amsterdamn to Kuala Lumpur - Russia press - Reminder: Earlier today conflicting reports had Russia shooting down a Ukraine warplane in its territory. Ukraine claimed that Russia air force shot down one of its SU-25 aircraft in Ukraine
01[11:18] {@Threei}  there were reports on russian-speaking forums 20 min ago about asian-looking bodies taken out of shot down plane
01[11:18] {@Threei}  I dismissed them as delirious
01[11:21] {@Threei}  - Said to have been carrying 280 passengers and 15 crew members. - Said to have disappeared from radar while traveling at 30K feet (cruising altitude).
[11:22] {RonS} sndk looking short
[11:29] {dino} vxx l .14
01[11:30] {@Threei}  - Reports indicate the plane was shot down by the BUK missile system: (wiki: a family of self-propelled, medium-range surface-to-air missile systems developed by the former Soviet Union and Russian Federation and designed to engage cruise missiles, smart bombs, fixed- and rotary-wing aircraft, and unmanned aerial vehicles)
[11:30] {dino} wow
01[11:30] {@Threei}  I know Buk
[11:31] {dino} out vxx .26, +.12
01[11:31] {@Threei}  this is large anti-aircraft thingy, not a handheld rocket launcher
[11:32] {dino} how could they not know it was civilian plane?
01[11:32] {@Threei}
[11:33] {RonS} O reaction:  reBUKe
01[11:33] {@Threei}  who the hell knows what happened... bad organization, vodka, too much war enthusiasm, human error
01[11:34] {@Threei}  miscommunication at some step
[11:34] {RonS} ...Jack Bauer fail...
01[11:34] {@Threei}  yeah, could have been faster
01[11:34] {@Threei}  look at this thing:
[11:36] {cosmo} sneaky way to do a no fly zone?
01[11:36] {@Threei}  (UR) Ukraine Govt now issuing commentary on the airliner crash; claim 'terrorists' separatists are responsible for downing the Boeing jet near the border with Russia - press - believe all passengers and crew were killed in the crash - Follow up: Separatists in Donetsk claim that they have no involvement in shooting down the Boeing airliner - Russia press
[11:39] {dino} yum blood
[11:40] {dino} the stock yum i mean
01[11:41] {@Threei}  lol
06[11:41] * @Threei crosses dino out of the vampire list
01[11:56] {@Threei} Short Setup: IWM  .10 break
01[11:56] {@Threei}  If holds  .20
01[11:58] {@Threei}  ugh
01[12:03] {@Threei}  jeez... second rinse on IWM short
01[12:03] {@Threei}  switching to shorting bounces instead of breakdowns
[12:03] {nemo} spy hit S4 on daily likely going up now for a while
[12:03] {dino} adding yum calls
01[12:03] {@Threei}  that palatable, eh?
[12:04] {nemo} oh jeez
01[12:06] {@Threei}  [HLF] Pershing Square confirms will hold presentation on HLF at 10:00ET on Tuesday, July 22 Pershing Square Capital Management today announced an upcoming webcast about its investigation of Herbalife Ltd.s Nutrition Clubs
01[12:07] {@Threei}  An in-depth analysis and examination of these clubswhich Herbalife claims are simply social gatherings that bring people together to focus on good nutrition and exercisereveal that they are another deceptive facet of Herbalifes pyramid scheme.
01[12:10] {@Threei}  wow
01[12:11] {@Threei}  Ukrainian information agency spotted rebels' exchange where they brag about downed airplane, not realizing what they shot down
01[12:11] {@Threei}  time and place are exact match
01[12:27] {@Threei} Short Setup: HLF  .60 break hl
01[12:27] {@Threei}  If holds  .70
01[12:46] {@Threei}  the funniest gun safety ad I've seen:
[12:48] {nemo} aapl looks short
[12:48] {nemo} AAPL
01[12:53] {@Threei}  good call
[12:55] {nemo} not as dumb as I look
[12:59] {RonS} lol...Relations with Russia going downhill fast, especially after they took Jack Bauer captive Monday
01[13:00] {@Threei}  well, it was to be expceted, wasn't it... after all, we can forgive a lot, Ukraine, Syria, whatever - but Jack Bauer?? no
[13:12] {dino} stc yum calls from 2.70 to 3.30, +.60/22%
[13:12] {RonS} wtg
[13:12] {dino} ty
01[13:14] {@Threei}  here is what happened with that plane:
01[13:58] {@Threei} Short Setup: AAPL  .50 break
01[13:58] {@Threei}  If holds  .60
01[14:02] {@Threei}  [HLF] Issues response to Pershing Square (ahead of Pershing's scheduled presentation next week) Herbalife has the utmost trust in the integrity of our business model and that we are in compliance with all applicable laws and regulations. We are cooperating fully with the FTC and welcome the opportunity to clear up misinformation in the marketplace.
01[14:03] {@Threei}  1:1
[14:07] {dino} lci may gap filled
01[14:10] {@Threei}  (US) President Obama intends to briefly talk about the recently downed Malaysia aircraft at previously scheduled speech in Delaware
[14:11] {dino} he will say shame on you, and that will be that
01[14:12] {@Threei}  come on dino, don't be such a cynic. He will also wag his finger
[14:12] {dino} that goes without saying, plus he will titlt his head back so his eyes stare down
01[14:13] {@Threei}  and do his "whispering obama" impression
01[14:13] {@Threei}  now we are talking
01[14:14] {@Threei}  also, we might see the most powerful WH weapon - pouting Michelle on TV, holding banner #DontsShootOurPlanes
[14:14] {dino} lol
[14:14] {dino} and then hillary stating it ws shot down because of a internet video
01[14:15] {@Threei}  right
[14:15] {dino} so you must respect their idiotic beliefs while giving up your right to fee speech
01[14:16] {@Threei}  last poll in Ukraine: 50% would have hung Putin with please, 30% - without any pleasure, 20% - haven't decided with which feeling they would have hung him
01[14:16] {@Threei}  pleasure
01[14:29] {@Threei}  1:2
[14:41] {nemo} off to another doctor c u
01[14:41] {@Threei}  take care
01[14:46] {@Threei} Short Setup: LULU  .05 break
01[14:46] {@Threei}  If holds  .15
01[15:05] {@Threei} Short Setup: AAPL  .20 break
01[15:05] {@Threei}  If holds  .30
01[15:08] {@Threei}  valid
01[15:17] {@Threei}  1:1
01[15:34] {@Threei}  (UR) Ukraine Govt security department indicates that it intercepted a separatist (rebel) phone call regarding the downed passenger airline and will release details soon - press - Claims that the discussions were regarding the downed plane and that the separatists called a Russian cell phone number.
01[15:34] {@Threei}  just watched it... quite a conversation
01[15:36] {@Threei}  (IL) Reportedly Israel has begun a ground invasion of the Gaza Strip - press - Power has reportedly been cut to Gaza, bombing and shelling of the territory continues.
01[15:36] {@Threei}  may we live in interesting times...
[15:38] {dino} thoughts on tomorrw? more down?
01[15:38] {@Threei}  looks this way
[15:39] {dino} bounce backs have been strong
01[15:39] {@Threei}  oh yeah, it's still a bull market
01[15:39] {@Threei}  but tensions are too high everywhere, feels like some panic nearest time
01[15:47] {@Threei}  1:2
01[15:47] {@Threei}  closed the trade
01[15:47] {@Threei}  thank you all, have a good evening
01[15:47] {@Threei}  see you tomorrow'
[15:48] {dino} stc vxx calls from 7/2, +.59/23%
[15:51] {dino} gn all