Session Time: Mon Aug 04 00:00:00 2014
[08:29] {nemo} if KORS trades when the market opens like it is now, it's going to be a train wreck of epic proportions
01[09:07] {@Threei} quiet and narrow
01[09:09] {@Threei} KORS so far... a few more will come
[09:10] {RonS} gm...wish this was funny: BREAKING: Pres Obama is said to be so frustrated over Congress's refusal to impeach him said he will sign executive order to impeach himself
01[09:10] {@Threei} Ron :)
01[09:12] {@Threei} actually it is mildly funny
01[09:16] {@Threei} Upside:
01[09:16] {@Threei} -PIKE +50% (Board agrees to $12/shr going-private offer from Court Square Partners & CEO Eric Pike)
01[09:16] {@Threei} -DRTX +10% (momentum from 8/1 license & supply agreement with Angelini for Dalbavancin in certain European territories)
01[09:16] {@Threei} -MEET +10% (earnings)
01[09:16] {@Threei} -MBLY +7.8% (positive momentum from IPO on 8/1)
01[09:16] {@Threei} -VNR +7.8% (signs agreement to acquire properties in North LA & East TX for $278M)
01[09:16] {@Threei} -TKMR +7.6% (continued Ebola outbreak fears)
01[09:16] {@Threei} -LGND +7% (earnings)
01[09:17] {@Threei} Downside:
01[09:17] {@Threei} -INSM -26% (regulatory update for ARIKAYCE with European authorities)
01[09:17] {@Threei} -DEPO -8% (no news seen, earnings are 8/6)
01[09:17] {@Threei} -HK -7.2% (negative broker commentary, potential momentum from last week's earnings)
01[09:17] {@Threei} -TUBE -5.6% (potential profit-taking, premarket share price falling below $9 debut on 7/18)
01[09:17] {@Threei} -KORS -2.5% (earnings & FY15 gross margin guidance)
[09:17] {RonS} was at a lake beach w/ daughter's family...group of Hmong there...interesting that the western diet has not affected their height...very small people still
[09:17] {troub} good morning you all
01[09:18] {@Threei} troub :)
01[09:18] {@Threei} I'd guess it's genetics :)
01[09:31] {@Threei} Long Setup: FB .55 break
01[09:31] {@Threei} If holds .45
01[09:32] {@Threei} 1:1
01[09:33] {@Threei} 1:2
01[09:35] {@Threei} 1:3
01[09:35] {@Threei} out'
01[09:35] {@Threei} 1:4
[09:38] {troub} nice beginning Vad
01[09:38] {@Threei} :)
01[09:38] {@Threei} somewhat strange trading... too uneven
[09:38] {nemo} August Monday
01[09:39] {@Threei} yeah, and without dino and ese volume suffers
[09:41] {nemo} "without...ese" is a mixed blessing
01[09:43] {@Threei} Short Setup: TWTR .60 break
01[09:43] {@Threei} If holds .70
01[09:43] {@Threei} Invalidated
[09:43] {nemo} .77 vwap
[09:44] {nemo} a little spready
[09:45] {nemo} seeting up short again
01[09:46] {@Threei} Long Setup: FB .10 break
01[09:46] {@Threei} If holds 73
01[09:47] {@Threei} valid
01[09:47] {@Threei} 1:1
01[09:53] {@Threei} 1:2
[10:06] {nemo} OXY
01[10:20] {@Threei} Long Setup: IWM .75 break
01[10:20] {@Threei} If holds .65
01[10:21] {@Threei} to .69
01[10:21] {@Threei} 1:1
01[10:26] {@Threei} next push please
01[10:40] {@Threei} Short Setup: SLW 26 break
01[10:40] {@Threei} If holds .06
01[10:54] {@Threei} sloooow
[10:55] {nemo} as a snail crawling through a puddle of molasses
01[10:56] {@Threei} one-legged snail
01[10:56] {@Threei} half out .93
[10:56] {nemo} they have legs?
01[10:57] {@Threei} they move, so they must
01[10:57] {@Threei} for instance look at the snake - it's all one big leg
01[10:58] {@Threei} 1:1
01[10:59] {@Threei} 1/4 more out
01[11:03] {@Threei} 1:2
01[11:03] {@Threei} slow but sure :)
01[11:15] {@Threei} 1:3 SLW close enough
01[11:16] {@Threei} out +.27
01[11:16] {@Threei} that's 4:4
01[11:19] {@Threei} Long Setup: SLW .75 break
01[11:19] {@Threei} If holds .70
01[11:27] {@Threei} - Among other movers, Groupon is up nearly 6% ahead of earnings after the close on Tuesday
[11:28] {nemo} aapl
01[11:28] {@Threei} - Shares of luxury goods name Michael Kors are down nearly 8% in the early going despite a pretty strong first quarter report. The firm widely beat top- and bottom-line expectations, saw a 24% gain in comps and raised its FY15 outlook. However on the conference call, executives warned that margins would be compressed due to increased markdowns and disclosed a big increase in inventories, hitting the stock hard.
01[11:28] {@Threei} half out
01[11:29] {@Threei} 1:1
01[11:32] {@Threei} Long Setup: IWM .45 break
01[11:32] {@Threei} If holds .35
01[11:33] {@Threei} 1:1
01[11:41] {@Threei} 1:2 IWM close enough
01[11:52] {@Threei} 6 calls, 6 wins
01[11:52] {@Threei} want to finish trading session on this?
[11:53] {troub} probably should although I missed 2 of them
01[11:53] {@Threei} 4 out of 6 is not too shabby
01[11:53] {@Threei} afternoons are much more random
01[11:53] {@Threei} I say why spoil perfect day
[11:54] {troub} do you have Nemo's permission?
06[11:54] * @Threei slants at nemo
01[11:56] {@Threei} I think he is asleep
[11:57] {RonS} tend to agree 3i...great performance for a Monday...
01[11:58] {@Threei} :)
01[11:58] {@Threei} ok guys, thank you, see you tomorrow!
