Chart's courtesy of the brokerage
Quiet August day, squeezed enough profit to make it worth our while.
Session Time: Thu Aug 14 00:00:00 2014
[09:13] {dino} gm 3i
01[09:13] {@Threei} morning dino
[09:15] {troub} good morning
01[09:15] {@Threei} troub :)
01[09:22] {@Threei} unconvicing gap...
01[09:26] {@Threei} dptl says hello, should be back soon
[09:27] {RonS} gm
01[09:28] {@Threei} ron :)
01[09:29] {@Threei} Upside: -PLUG +11% (earnings) -AAP +5% (earnings) -PRGO +4.2% (earnings) -KSS +2.5% (earnings)
01[09:30] {@Threei} Downside: -RRGB -24% (earnings) -NDLS -21% (earnings) -CNAT -13% (earnings/NASH study update) -XONE -11% (earnings) -TKMR -9% (earnings) -VJET -6.5% (earnings) -DANG -6% (earnings) -VIPS -5.3% (earnings)
[09:30] {ese} gm
01[09:30] {@Threei} ese :)
[09:30] {ese} gm
01[09:30] {@Threei} ese :)
[09:30] {ese} lol
01[09:30] {@Threei} :)
01[09:31] {@Threei} Long Setup: FB 74 break
01[09:31] {@Threei} If holds .90
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} 1:2
01[09:32] {@Threei} 1:3
01[09:32] {@Threei} out
01[09:35] {@Threei} Long Setup: P .60 break hl
01[09:35] {@Threei} If holds .50
01[09:37] {@Threei} meh
[09:38] {nemo} VXX
[09:38] {nemo} nah, didn't hold .40
01[09:41] {@Threei} Short Setup: FCX .40 break
01[09:41] {@Threei} If holds .50
[09:41] {nemo} huh?
01[09:42] {@Threei} wrong chart
01[09:42] {@Threei} disregard
01[09:43] {@Threei} Long Setup: WMT 74 break
01[09:44] {@Threei} If holds .90
01[09:51] {@Threei} Invalidated
[09:52] {dino} azpn odd
[09:53] {RonS} ya, may be guidance but can't find anything on it
01[09:53] {@Threei} [AZPN] Guides FY15 Non-GAAP $1.18-1.24 v $1.08e, reaffirms R$430-440M v $436Me - conf call
[09:54] {RonS} thanks 3i
01[09:54] {@Threei} :)
01[09:54] {@Threei} SUNE Hearing takeover chatter circulating
01[10:01] {@Threei} Long Setup: VXX .30 break
01[10:01] {@Threei} If holds .20
[10:05] {dino} azpn sm l .99, giving it a bit of room, gappy trader
01[10:06] {@Threei} half out
01[10:06] {@Threei} 1:1
01[10:23] {@Threei} Long Setup: FB .95 break
01[10:23] {@Threei} If holds .85
01[10:27] {@Threei} Invalidated
01[10:30] {@Threei} Long Setup: IWM .55 break
01[10:30] {@Threei} If holds .45
[10:33] {dino} azpn stop
[10:34] {nemo} IWM's top is the 200 SMA
[10:34] {nemo} spy 50 sma is 195.67ish
01[10:37] {@Threei} stop .49
[10:39] {RonS} Orlando Bloom Tried to Punch Justin Beiber in the Face
[10:39] {nemo} wish he had succeeded
[10:40] {RonS} People who eat the least salt may be hurting their hearts, study finds: http://bloom.bg/1lVBt7W
[10:40] {nemo} everything is bad or good at one point or another
01[10:41] {@Threei} speaking of... I no longer believe West has much chance against Putin. Think of it, USA and Canada combined couldn't do much to reign in Bieber!
[10:46] {dino} lol
01[11:04] {@Threei} let's see if we get the same pattern today as yesterday - FB, if breaks .10 and fails, will be a buy on a rinse
[11:04] {nemo} DKTK
01[11:05] {@Threei} yup
01[11:09] {@Threei} nope, works straight up
01[11:38] {@Threei} Long Setup: IWM .45 break
01[11:38] {@Threei} If holds .38
01[11:58] {@Threei} half out
01[11:58] {@Threei} stop .44
01[11:58] {@Threei} 1:1
01[12:11] {@Threei} - NYSE volume 175M shares, about 22% below its three-month average; - NASDAQ volume 665M shares, about 9% below its three-month average
01[12:12] {@Threei} if you guys were afraid we were left with no stern or sails, fear not: (US) President Obama plans to issue a statement at 12:15ET
[12:12] {nemo} yeah, and that 3 month average is low...spy over last 65 days averaged 86.4 million
01[12:12] {@Threei} yes
[12:13] {nemo} which is lower than in each preceding quarter
[12:13] {nemo} remember when 100 million was a slow day
[12:15] {dino} makes for harder trading
01[12:16] {@Threei} well, one of these augusts it was bound to happen :)
[12:37] {RonS} kids and their toys: North Korea fires missiles an hour before Pope's arrival on the peninsula
01[12:37] {@Threei} they are atheists I guess
[12:40] {dino} more like assholes
01[12:41] {@Threei} can't they be both?
[13:13] {nemo} here's the 50 sma run
01[13:17] {@Threei} (IQ) President Obama: Targeted operations continue in northern Iraq, ISIS siege of Yazidi refugees has been broken - limited airstrikes will continue with expressed intent to protect american advisors in Iraq; modestly hopeful the Govt situation in Iraq is improving
01[13:23] {@Threei} http://www.cbsnews.com/news/why-one-girl-scout-is-selling-cookies-outside-a-pot-clinic/
[13:30] {nemo} IWM and SPY get to their 200 and 50 respectively and retrace
01[13:37] {@Threei} Long Setup: IWM .50 break
01[13:37] {@Threei} If holds .44
01[13:40] {@Threei} Invalidated
[13:43] {nemo} vxx showing short indexes likely long
[13:43] {nemo} wow
[13:43] {nemo} this low volume environment a jerk around
[13:44] {nemo} VXX broke the short setup and then BAM! went the other way
[13:54] {nemo} http://www.nytimes.com/2014/08/14/fashion/the-rise-of-3-d-printed-guns.html
[14:12] {RonS} Man identifying himself as an 82nd Airborne veteran, observing the MO police, commented “We rolled lighter than that in an actual warzone”
[14:12] {nemo} yeah, the militarization of police forces here is pretty intense
[14:13] {nemo} Democracy leads to tyranny...thank God foro alcohol
01[14:15] {@Threei} what doesn't lead to tyranny
[14:15] {nemo} alcohol
01[14:16] {@Threei} dunno...
01[14:16] {@Threei} Russia is world's class authority in alcohol consumption, and look how it helped avoid tyranny
[14:17] {nemo} helped kill the pain though
01[14:18] {@Threei} also, you know the warning on the lable
01[14:18] {@Threei} consuming alcohol before pregnancy can cause pregnancy
01[14:18] {@Threei} Long Setup: VXX .20 break
01[14:18] {@Threei} If holds .10
[14:21] {nemo} https://www.youtube.com/watch?v=8jRTrRxamxQ
[14:29] {nemo} VXX looks short here
01[14:37] {@Threei} Robin Williams was suffering from early stages of Parkinson's Disease, his wife says in statement
01[14:37] {@Threei} sure added to his decision...
[14:38] {nemo} yeah, plus when you're depressed there's no light bright enough to pierce the darkness
01[14:44] {@Threei} stop is .12
01[14:53] {@Threei} 1:1
[15:43] {dino} calling it a day
01[15:44] {@Threei} quiet ending
01[15:45] {@Threei} thank you all, have a good evening
01[15:45] {@Threei} see you tomorrow