Friday, August 15, 2014

Aug 15 2014

1:4, on a slow August Friday? I'll take it 


Chart's courtesy of the brokerage

Session Time: Fri Aug 15 00:00:00 2014
[09:14] {dino} gm
01[09:14] {@Threei}  dino :)
[09:14] {RonS} ford
[09:14] {RonS} :)
01[09:16] {@Threei}  ron :)
01[09:16] {@Threei}  and nemo is not here to see that... ugh
[09:18] {RonS} arcb drub
[09:21] {RonS} hmmm, fat finger? see no news arcb
[09:21] {troub} good morning
01[09:21] {@Threei}  troub :)
01[09:22] {@Threei}  not since aug 1 ron
01[09:27] {@Threei}  Spot gold moves below $1,300/oz, off 1% in session - Largest decline in two weeks
01[09:29] {@Threei}  it's more than 1% by now
01[09:31] {@Threei} Long Setup:  FB  .55 break
01[09:32] {@Threei}  If holds  .45
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  FB  .50 break
01[09:34] {@Threei}  If holds  .40
[09:35] {nemo} wow can't short the vxx this morning
01[09:36] {@Threei}  1:1
01[09:46] {@Threei} Long Setup:  FCX  .95 break
01[09:46] {@Threei}  If holds  .85
[09:46] {dino} go xiv then
[09:47] {nemo} expect VXX to be a long into the weekend
01[09:48] {@Threei}  disregard FCX
01[09:48] {@Threei}  way too slow
01[09:49] {@Threei} Long Setup:  TWTR  .30 break
01[09:49] {@Threei}  If holds  .20
01[09:55] {@Threei}  US) AUG PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 79.2 V 82.5E
01[09:56] {@Threei}  Invalidated
01[09:57] {@Threei} Long Setup:  IWM  .25 break
01[09:57] {@Threei}  If holds  .15
[09:57] {nemo} twtr
[09:58] {nemo} was gonna' say .15 break
[09:59] {dino} azpn sm l .30
01[10:04] {@Threei}  1:1
[10:05] {nemo} X weak today
01[10:07] {@Threei}  noce bounce TWTR
01[10:07] {@Threei}  nice too
01[10:08] {@Threei} Short Setup: X  .35 break
01[10:08] {@Threei}  If holds  .45
01[10:16] {@Threei}  no go
01[10:22] {@Threei} Short Setup: FB  .25 break
01[10:22] {@Threei}  If holds  .35
01[10:27] {@Threei}  1:1
[10:30] {nemo} snail in molasses day
[10:30] {nemo} spy might creep to 197 gap
01[10:37] {@Threei}  1:2
01[10:41] {@Threei}  1:3
01[10:42] {@Threei}  1:4
01[10:42] {@Threei}  over and out
[10:43] {RonS} Ukraine Forces Attack Armed Convoy From Russia: Lysenko
01[10:44] {@Threei}  Putin got his provocation going
01[10:46] {@Threei}  BBC finds Russian aid trucks 'almost empty'
[10:52] {dino} vxx sm l .11
01[10:56] {@Threei}  nice one eh
[10:57] {dino} out vxx .71, +.60
01[10:57] {@Threei}  qtg
01[10:58] {@Threei}  q=w
[10:58] {dino} ty
01[11:03] {@Threei}  man, just how easier any bearish move is to trade, vs this relentless creep-up
[11:04] {nemo} what was interesting was the algo was strongly green but was getting little price improvement which meant strength was not yielding results
[11:11] {dino} xiv sm l .60
[11:22] {dino} xiv stop .35-.25
[12:03] {dino} vix sm l .05
01[12:08] {@Threei} Long Setup:  IWM  .60 break
01[12:08] {@Threei}  If holds  .50
01[12:14] {@Threei}  no go
[12:19] {dino} out xiv .45, +.40
01[12:33] {@Threei}  nice
01[12:33] {@Threei}  IWM rinse
[12:33] {RonS} nice spelling?
[12:35] {dino} dvm lyigfxmc
[12:37] {RonS} :)
[12:45] {dino} ]07 green
[12:54] {dino} bkw spike
[12:55] {dino} tbt sm l .51
[13:00] {dino} stop is .23
[13:10] {nemo} given the price action today and the fact that the monthly pivot in SPY is 195.04 on OP EX Friday it's likely to end around 195.  Any moves away from 195 are possible fades back towards the number
01[13:45] {@Threei}  feels like up?
01[13:46] {@Threei} Long Setup:  IWM  .75 break
01[13:47] {@Threei}  If holds  .65
[14:12] {RonS} must have hired from the US: Statistics Canada gets a 'black eye' for huge job report error: http://bloom.bg/1pQZ11D
01[14:26] {@Threei}  yeah, made all the nes here
[14:27] {nemo} guess spy wants the 50 day around .60ish
[14:33] {nemo} VXX
01[14:48] {@Threei}  one more spike, and will get interested in VXX
01[15:02] {@Threei} Long Setup:  VXX  .20 break
01[15:02] {@Threei}  If holds  .10
01[15:03] {@Threei}  1:1
[15:04] {nemo} should go to .40
[15:06] {nemo} wow
[15:06] {nemo} guess nobody's afraid going into the weekend
01[15:06] {@Threei}  almost an hour still
[15:07] {dino} no russian response to the attack?
01[15:07] {@Threei}  not in the news at least
[15:08] {dino} mplx drop
01[15:08] {@Threei}  but anyone doubts there will be lives on the clouds
[15:12] {nemo} .20 break or H&S
01[15:14] {@Threei}  Russia's Defence Ministry on Friday denied that Ukrainian forces had destroyed a Russian military column overnight on its territory, saying no such military force had crossed the border into eastern Ukraine
01[15:14] {@Threei}  lol
01[15:15] {@Threei}  Some reports suggest that there may be open fighting between Ukrainian military forces and the Russian incursion, but it's far from clear whether that's true or what precisely is happening on the ground.
01[15:20] {@Threei}  time for panic soon
01[15:20] {@Threei}  (hopefully)
[15:20] {nemo} VXX
01[15:20] {@Threei}  that 1:4 on FB eas so sweet, reminded me how dearly I miss bear market
01[15:25] {@Threei}  Russia defense ministry's Shoigu told US Defense Sec Hagel that Russia was concerned about NATO and US military activity near the Russia border
01[15:25] {@Threei}  yeah, they want to invade
[15:31] {nemo} sayonara till monday
[15:31] {RonS} cya nemo
[15:31] {dino} cya
01[15:31] {@Threei}  still doesn't look like market is afraid
[15:38] {dino} adding some vxx calls for over weekend
01[15:38] {@Threei} Long Setup:  VXX  29 break
01[15:38] {@Threei}  If holds  .90
01[15:38] {@Threei}  gutsy move dino
[15:42] {dino} bought time
01[15:48] {@Threei}  (UR) Reportedly another column of Russian armor has been seen heading toward the Ukrainian border
01[15:49] {@Threei}  I think market will believe the invasion when russian troops go through the whole Ukraine and reach Poland border, lol
01[15:49] {@Threei}  no go
01[15:49] {@Threei}  OK guys, quiet but decent weeks
01[15:50] {@Threei}  have a good weekend, see you Monday
[15:52] {dino} gn all