Wednesday, August 13, 2014

Aug 13 2104

Slow low volume day; very slow and very low volume, with no pattern or follow through. Finishing negative.



Session Time: Wed Aug 13 00:00:00 2014
[09:09] {troub} good morning
01[09:10] {@Threei}  troub :)
01[09:18] {@Threei}  Upside:
01[09:18] {@Threei}  -LIVE +24% (earnings)
01[09:18] {@Threei}  -CSIQ +8.7% (earnings)
01[09:18] {@Threei}  -FCEL +4.4% (positive broker commentary)
01[09:18] {@Threei}  -JKS +3.6% (deal to develop 500MV PV project with Lishui City)
01[09:18] {@Threei}  -AMZN +2.5% (announced Amazon Local Register reader & app for smartphones/tablets card processing)
01[09:18] {@Threei}  Downside:
01[09:18] {@Threei}  -SEAS -25% (earnings, FY14 guidance cut)
01[09:18] {@Threei}  -KING -22% (earnings)
01[09:18] {@Threei}  -CREE -9.8% (earnings)
01[09:18] {@Threei}  -MYGN -9.8% (earnings)
01[09:18] {@Threei}  -ARWR -8.2% (earnings)
01[09:18] {@Threei}  -RIGL -8% (Phase 2 Dry Eye study did not meet endpoint)
01[09:18] {@Threei}  -M -5% (earnings)
01[09:18] {@Threei}  -JDSU -4.7% (earnings)
01[09:18] {@Threei}  -EBAY -2% (channeladvisor data/paypal comp)
01[09:20] {@Threei}  Japan angry at Russian army drills on disputed islands
01[09:20] {@Threei}  Russia: so?
[09:31] {ese} i'm here ...i'm here...let the bells ring lets banners fly.
[09:31] {RonS} gm
01[09:31] {@Threei}  ese :)
01[09:31] {@Threei}  ron :)
[09:31] {nemo} bring out the artillery
[09:32] {ese} that too
[09:32] {nemo} try not to hit Vad's house
[09:32] {ese} we took a couple of days away
[09:32] {nemo} Communist party meeting?
01[09:32] {@Threei} Short Setup: FB  .20 break
01[09:33] {@Threei}  If holds  .30
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei} Short Setup: EBAY  .80 break
[09:34] {ese} not exactly
01[09:34] {@Threei}  If holds  .90
[09:34] {nemo} late
01[09:34] {@Threei}  1:1
01[09:36] {@Threei} Short Setup: YHOO  .90 break
01[09:36] {@Threei}  If holds  .95
[09:36] {ese} csiq
01[09:37] {@Threei}  meh
01[09:39] {@Threei} Long Setup:  TWTR  .95 break
01[09:39] {@Threei}  change to .90
01[09:39] {@Threei}  If holds  .85
01[09:49] {@Threei} Long Setup:  TWTR  .05 break
01[09:49] {@Threei}  If holds  .95
01[09:50] {@Threei}  Invalidated
01[09:55] {@Threei} Short Setup: FCX  .40 break
01[09:55] {@Threei}  If holds  .50
01[09:59] {@Threei}  (UR) Reportedly Russia refused offer to let Red Cross deliver Russian aid inside of Ukraine
01[09:59] {@Threei}  *(US) JUN BUSINESS INVENTORIES: 0.4% V 0.4%E
[10:10] {ese} L mygn .81
[10:11] {nemo} one could argue appl short below .40
[10:11] {ese} out mygn .11
[10:12] {ese} wow...did that ever bounce up there
[10:12] {ese} +.30
01[10:12] {@Threei} Short Setup: FB  .60 break
01[10:12] {@Threei}  If holds  .70
[10:12] {dino} gj
[10:13] {ese} ya ya ya....    .105447 so not quite .11
01[10:14] {@Threei}  that changes things
01[10:18] {@Threei}  not getting it right
[10:20] {nemo} you have a .25% range in the spy yeah, get right with that
[10:31] {nemo} oxy drop of .50 could be a short
01[10:37] {@Threei}  NYSE volume 105M shares, about 24% below its three-month average; - NASDAQ volume 345M shares, about 15% below its three-month average
[10:37] {nemo} Europe is on vacation
01[10:37] {@Threei}  this kind of volume is usually when my read sucks
[10:37] {nemo} Had a bunch of Swedes in the gun shop last night
[10:37] {nemo} They'd never seen one before
01[10:37] {@Threei}  [NUS] Ticks higher on circulation of Asian press report noting NUS looking to expand in other Southeast Asian markets including Myanmar
[10:38] {nemo} SPY and FINNIES walking the VWAP, IWM slightly above
01[10:45] {@Threei} Long Setup:  TWTR  44 break
01[10:45] {@Threei}  If holds  .90
01[10:45] {@Threei}  trying Costanza... normally I'd look for short around here
01[10:49] {@Threei}  great... it pulled costanza on costanza
01[10:56] {@Threei} Short Setup: FB  .75 break
01[10:57] {@Threei}  If holds  .85
01[11:02] {@Threei}  change to .80 break
01[11:02] {@Threei}  If holds  .90
01[11:06] {@Threei}  die FB
01[11:06] {@Threei}  if you can't go up with SPY rally, what else can you do but die
[11:09] {nemo} grind up into op ex
01[11:09] {@Threei}  stop .86
01[11:09] {@Threei}  1 cent to 1:1
[11:13] {ese} Wheres Les.....just got another booking ;for  my in Denmark.............I want him to find me a show in Switzerland.
01[11:14] {@Threei}  well, if you weren't so asocial, you'd find him on facebook
[11:15] {ese} hmmmm except that i'm not on facebook...are you in contact with him on facebook vad......can you hook the two of us up with an email
01[11:15] {@Threei}  I'll ask
[11:15] {ese} aprreciate that
[11:51] {dino} panw spike
[11:52] {dino} sm s .00
[11:55] {dino} cov panw .60, +.40
[12:03] {ese} gotta go....hearing test appointment in 30....cya tomorrow
[12:03] {nemo} thanks for the warning
[12:05] {nemo} VXX
[12:13] {nemo} IWM bounce time
[12:14] {nemo} stop below Vwap
[12:17] {nemo} SHOULD TEST .32ish.  IF it can't get through, might drop further
[12:19] {nemo} http://goo.gl/wr0Kwb
[12:19] {nemo} spy and finnies can't break bearish levels yet
[12:24] {nemo} http://goo.gl/e3ma4A
[12:26] {nemo} friend of mine was an emergency room doctor.  Same thing kinda' happened. He got fired.  Asked the guy that came in, "Do you want me to change the battery or remove it?"
[12:27] {nemo} that's first target stop to breakeven
[12:27] {nemo} I'm playing TNA
01[12:31] {@Threei} Long Setup:  IWM  .30 break
[12:32] {nemo} so, should I get out of the trade?
01[12:32] {@Threei}  can't tell really
[12:32] {nemo} I got in TNA @.46
01[12:32] {@Threei}  there is setup, looks right
01[12:32] {@Threei}  you have enough room
[12:32] {nemo} we agree?  shit...world ending
[12:33] {nemo} this .32 level key
[12:38] {nemo} iffy, keeping stop below vwap
[12:39] {nemo} having said that, this double top under .32 with spy weakness and vxx strength is a short setup for me
[12:45] {nemo} I hate trades like this
01[12:48] {@Threei}  who doesn't
[12:49] {nemo} I thought you liked wiping with sand paper?
[12:50] {nemo} o.k. changing stop to just under entry around .44 TNA
[12:54] {nemo} believe this shit
[12:54] {nemo} HFTs must be running an anti-nemo program
[12:56] {nemo} sso looks short here
[12:56] {nemo} spy
[12:56] {nemo} looking for setup
[12:59] {dino} itmn spike
[13:00] {dino} halt
01[13:01] {@Threei}  [ITMN] Said to have attracted takeover offers - financial press - Reportedly companies interested include Roche, Sanofi, Glaxo, and Actelion
[13:07] {nemo} Sshort sso .39 stop above .46
[13:09] {nemo} you could make an argument for long above .46 too
[13:16] {nemo} would you pass me the barbed wire floss and the rubbing alcohol mouthwash
[13:19] {nemo} there's ur 1:1
[13:19] {nemo} stop breakeven
[13:21] {nemo} next target is VWAP
[13:24] {nemo} sayonara
01[14:12] {@Threei}  no news
[14:28] {goinshort} afternoon all!
[14:29] {RonS} hi gs
01[14:32] {@Threei}  hey gs
[14:35] {goinshort} how about WAG short breaks 50?
01[14:37] {@Threei}  chart's right
01[14:39] {@Threei}  whether market cooperastes is a big question today
01[14:39] {@Threei}  it just doesn't
01[14:48] {@Threei}  today is easily contender for the slowest day of the year
01[14:48] {@Threei}  and likely winner
[14:56] {nemo} it's a picture of Les's brain
[14:57] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[14:57] {nemo} and that's an apt description of it too
[14:57] {dino} seems the dji has been stuck at +85 for hours
[14:57] {nemo} OP EX pins
[15:00] {nemo} P might be short here
[15:12] {nemo} SPY there were a ton of Puts between 194 and 195, no way Wall Street lets them make money
01[15:19] {@Threei} Long Setup:  IWM  .40 break
01[15:19] {@Threei}  If holds  .30
01[15:45] {@Threei}  no time for it to work
[15:46] {goinshort} sooo slow - like watching golf
01[15:47] {@Threei}  try watching checkers
01[15:47] {@Threei}  now that's excitment
[15:47] {goinshort} about the same
[15:47] {goinshort} ok cya tomorrow
01[15:47] {@Threei}  thank you all guys, have a good evening
01[15:47] {@Threei}  see you tomorrow
[15:49] {dino} atk spike