Tuesday, September 2, 2014

Sept 2 2014

First decent win of September. Notice btw how IWM is outperforming SPY. Tells you something?

Chart's courtesy of the brokerage

A few decent ones, a few stops - not much to write home about yet but volume seems to be picking up. 

Session Time: Tue Sep 02 00:00:00 2014
[08:52] {dino} gm 3i
01[08:52] {@Threei}  morning dino
01[08:59] {@Threei}  Russia Foreign Policy aide Ushakov stated that Putin comment that Russia could 'take Kiev in 2 weeks' to EU's Barosso was taken out of context. The aide also reiterated the official view of no Russian troops inside Ukraine
01[09:03] {@Threei}  Associated Press: Russian forces in major rebel cities
[09:05] {cosmo} Why such confusion about that?
01[09:05] {@Threei}  confusion?
01[09:06] {@Threei}  simply reyssian denial of the obvious
01[09:06] {@Threei}  russian
[09:07] {cosmo} do they have forces over the border or not as a lingering question is odd...
01[09:07] {@Threei}  they do but they don't admit it
[09:08] {cosmo} should be obvious one way or another in short order I'd think
01[09:08] {@Threei}  it's obvious
01[09:08] {@Threei}  they simply deny it
01[09:09] {@Threei}  just as they denied their forces in Crimea
[09:10] {cosmo} I know we have mexican forces already in So Cal...
[09:10] {dino} ukraine has captured some russian forces
01[09:10] {@Threei}  yeah, and they said "they simply lost their way and entered Ukraine by mistake"
[09:12] {cosmo} Actually they're mostly in southern Arizona...
[09:17] {cosmo} prec metels not happy
01[09:17] {@Threei}  Upside:
01[09:17] {@Threei}  -CPWR +14% (reported to be in advanced talks with unnamed private equity group)
01[09:17] {@Threei}  -NCLH +15% (confirms agreement to acquire Prestige Cruises Int'l for $3.03B in cash and stock)
01[09:17] {@Threei}  -EFUT +22% (C&U Group switches to eFuture omni-channel solution)
[09:17] {cosmo} silver will be cheap enough for bullets soon...
01[09:18] {@Threei}  -DGLY +17% (continued momentum
01[09:18] {@Threei}  that's when we will get all the werewolves
[09:18] {troub} good morning you all
01[09:18] {@Threei}  troub :)
01[09:18] {@Threei}  Downside:
01[09:18] {@Threei}  -CONN -28% (earnings)
01[09:18] {@Threei}  -EXEL -53% (Cowen cuts to Market Perform from Outperform)
[09:18] {RonS} ditto
01[09:19] {@Threei}  rob :)
01[09:19] {@Threei}  b=n
01[09:19] {@Threei}  sorry
01[09:21] {@Threei}  poor EXEL
[09:22] {dino} drug failed
01[09:32] {@Threei} Long Setup:  FB  75 break
01[09:32] {@Threei}  If holds  .90
01[09:35] {@Threei}  no go
01[09:38] {@Threei} Short Setup: TWTR  .20 break
01[09:38] {@Threei}  If holds  .30
01[09:39] {@Threei}  1:1
01[09:42] {@Threei} Long Setup:  CAT  .15 break
01[09:42] {@Threei}  If holds  .05
01[09:45] {@Threei}  *(US) AUG FINAL MARKIT MANUFACTURING PMI: 57.9 V 58.0E
[09:45] {ese} gm
01[09:45] {@Threei}  ese :)
01[09:46] {@Threei}  market bounce time
01[09:46] {@Threei} Long Setup:  IWM  .80 break
01[09:46] {@Threei}  If holds  .70
01[09:48] {@Threei}  1:1  IWM
01[09:49] {@Threei}  1/4 more out
01[09:49] {@Threei}  CAT stop to .09
01[09:50] {@Threei}  1:2
[09:50] {ese} nice iwm call vad
01[09:50] {@Threei}  ty
01[09:50] {@Threei}  meh CAT
01[09:52] {@Threei}  will try for 1:4
[09:53] {dino} out feye calls from 8/19 +1.80/+50%
01[09:53] {@Threei}  nice
01[09:53] {@Threei}  1:3  IWM
[09:53] {dino} ty
01[09:55] {@Threei}  noticing how once again IWM is stronger than SPY?
[09:56] {nemo} yeah, they have to get iwm to new all time highs
01[09:59] {@Threei}  1:4
01[09:59] {@Threei}  over and out
01[10:00] {@Threei}  *(US) JULY CONSTRUCTION SPENDING M/M: 1.8% V 1.0%E
01[10:00] {@Threei}  10:00 *(US) SEPT IBD/TIPP ECONOMIC OPTIMISM: 45.2 V 45.5E
01[10:00] {@Threei}  10:00 *(US) AUG ISM MANUFACTURING: 59.0 V 57.0E; PRICES PAID: 58.0 V 58.5E
01[10:01] {@Threei}  1:5
[10:05] {ese} L acad .51
[10:06] {ese} 06:00 [ACAD] Receives FDA breakthrough therapy designation for NUPLAZID (Pimavanserin) for Parkinson’s Disease Psychosis The U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy designation to NUPLAZID more... - Source TradeTheNews.com
[10:07] {ese} ½ .65 +.14
[10:08] {ese} stop to break even .51
[10:09] {ese} out full .84 +.33
01[10:09] {@Threei}  wtg
[10:09] {ese} tks
[10:09] {troub} well done ese                                                                                                                                                                                                                                                                                                                                                                                        
[10:09] {troub}                                                                                                                                                                                                                                                                                                                                                                                                      
[10:09] {troub}                                                                                                                                                                                                                                                                                                                                                                                                      
[10:09] {troub}                                                                                                                                                                                                                                                                                                                                
[10:09] {dino} geva drop
[10:12] {nemo} LVS
[10:20] {ese} L sm nclh .08
[10:24] {ese} ½ .21 +.13
[10:26] {dino} gj
01[10:36] {@Threei} Short Setup: FB  .60 break
01[10:36] {@Threei}  If holds  .70
01[10:39] {@Threei}  Invalidated
01[10:42] {@Threei} Long Setup:  TWTR  .20 break
01[10:42] {@Threei}  If holds  .10
[10:43] {ese} out full .40 nclh +.32
01[10:43] {@Threei}  nice
01[10:43] {@Threei}  you are in good shaoe for september ese
01[10:43] {@Threei}  shape
[10:45] {ese} need to....still on strike ...big rally in front of the legislature this morning at 9am....
[10:45] {ese} am outta here in 20min
[10:45] {ese} bid you all good bye cya tomorrow
[10:48] {RonS} lol...if ese came here and traded he could have paid for the whole raise they are asking for...
01[10:48] {@Threei}  that's a matter fo social fairness, you see :)
[10:49] {dino} so true
01[10:49] {@Threei}  no go
01[10:50] {@Threei}  folks with the best salaries and benefit package are on strike because they haven't got any raise in last X years
[10:51] {nemo} it's all about the kids
01[10:51] {@Threei}  annual salary equals annual income of average household in the province
[10:51] {RonS} bet the bennies are 65% of the salary...
[10:52] {RonS} not to mention the freakin time off...
[10:58] {dino} athm sm l .75
01[10:59] {@Threei}  rinse
[11:03] {RonS} lol...  Will It Be September or Sep-timber
01[11:09] {@Threei} Short Setup: FB  .60 break
01[11:09] {@Threei}  If holds  .70
01[11:14] {@Threei}  come on already FB
01[11:14] {@Threei}  trigger and die
[11:24] {dino} out athm .45 ave, +.70
[11:26] {troub} great Dino
01[11:26] {@Threei}  wtg'
[11:27] {dino} ty
[11:27] {troub} tried to follow you but ran stop too tight.
[11:28] {dino} was down 12+ pts in 5 days, saw supp, so hit it
[11:28] {dino} got out too soon, but added calls w/common purchase
[11:29] {dino} gwph drop. pulp
[11:30] {dino} 80 has been strong supp
[11:31] {dino} showing gap around 77
[11:31] {dino} then 68
[11:37] {dino} out athm calls from earlier, +1.10/+25%
[11:37] {nemo} why don't you go play golf or something
[11:37] {nemo} play in traffic
[11:37] {nemo} diffuse some bombs
[11:37] {nemo} see how much voltage your body can handle
[11:37] {dino} :), lol
[11:38] {dino} that sob shot straight up
[11:38] {dino} look at that daily
01[11:46] {@Threei} Long Setup:  VXX  .35 break
01[11:46] {@Threei}  If holds  .25
[12:09] {dino} dsky spike
01[12:14] {@Threei}  let's trail VXX to .29
01[12:14] {@Threei}  no clarity in charts
[12:17] {nemo} indexes should come in a tad here
[12:17] {nemo} if not, look for vwap run
01[12:38] {@Threei}  grrr
01[12:45] {@Threei}  frikin VXX
01[12:56] {@Threei}  - NYSE volume 218M shares, about 2% below its three-month average; - NASDAQ volume 765M shares, about 4% above its three-month average
01[12:57] {@Threei}  volume starts picking up it seems
01[13:00] {@Threei} Short Setup: TWTR  .80 break
01[13:00] {@Threei}  If holds  .90
01[13:03] {@Threei}  change to .90 break
01[13:04] {@Threei}  If holds  51
[13:04] {dino} 07 red
01[13:12] {@Threei}  Justin Bieber faces assault, dangerous driving charges in Ontario
01[13:12] {@Threei}  Charges result after collision involving minivan and ATV on Friday
01[13:13] {@Threei}  maybe we still have a chance to reign this horrible creature?
[13:14] {RonS} lol...oil slipping, Brit sterling pounded...
01[13:22] {@Threei}  https://www.facebook.com/video.php?v=4440241301975
01[13:23] {@Threei}  let's cover half TWTR
01[13:23] {@Threei}  .83
01[13:25] {@Threei}  1:1
[13:38] {nemo} I wouldn't expect them to let spy close under 200 today
[13:41] {RonS} hd hit on data breach
01[13:42] {@Threei}  [HD] Reportedly experienced an online security breach - Krebs Multiple banks say they are seeing evidence that Home Depot stores may be the source a massive new batch of stolen credit and debit cards that went on sale this morning in the cybercrime underground. Home Depot says that it is working with banks and law enforcement agencies to investigate reports of suspicious activity...There are signs that the perpetrators of this apparent breach may be the same group of Russian and Ukrainian hackers responsible for the data breaches at Target, Sally Beauty and P.F. Changs, among others.
01[13:45] {@Threei}  1/4 more TWTR
01[13:46] {@Threei}  1:2
01[13:46] {@Threei}  some things start working
01[14:18] {@Threei}  second journalist beheading by ISIS
[14:20] {nemo} adrenalin junkies
[14:21] {nemo} russians have the best solution for that stuff
[14:25] {nemo} Hey Dino you'll like this headline:  Tom Brady on How Long He'll Play Football: 'When I Suck, I'll Retire'
[14:29] {nemo} one could make an argument for fas short here stop above the high
[14:30] {nemo} nope spy going for vwap
01[14:30] {@Threei}  yeah
[14:30] {nemo} IWM gonna' test high of day
01[14:30] {@Threei}  not looking like short yet
[14:31] {dino} lol
[14:32] {dino} when he sucks, the jets will sign him
[14:33] {nemo} I don't think he'll ever play for the jets
[14:34] {RonS} unless giselle divorces him for a bunchen...
[14:34] {nemo} she's worth a helluva lot more than he is
[14:34] {nemo} short now brown cow?
[14:34] {nemo} wtf
[14:35] {nemo} summer trading cooked my brain
[14:36] {nemo} too much pressure sitting on it too
[14:38] {nemo} funny Ron, she spells it the German way, but pronounces it the French way
[14:38] {nemo} Gisele  is with a hard "G" like Gizele...Giselle is soft like "J"  jisselle
[14:51] {dino} adding sndk calls
[14:51] {dino} hclp interesting
[15:13] {nemo} FB
01[15:14] {@Threei} Long Setup:  TWTR  .95 break
01[15:14] {@Threei}  If holds  .85
01[15:28] {@Threei}  ohmygodohmygodohmygod... teachers published the data about their poverty. They have had zero wage increase in 6 of the last 14 years
[15:28] {nemo} so in other words, they've had raises 8 of the last 14..wtf
01[15:29] {@Threei}  they put it online in all seriousness as an argument
[15:29] {nemo} they should all be shot
01[15:29] {@Threei}  I change my mind right away under the weight of this evidence
01[15:29] {@Threei}  https://scontent-a-sea.xx.fbcdn.net/hphotos-xpa1/v/l/t1.0-9/1620790_10152313237811860_4599977049428830106_n.jpg?oh=086eef61c297f810e3dcb8e35b4bc30a&oe=545E7EC8
01[15:14] {@Threei}  1:1
[15:32] {cosmo} hmm, minister...I could do that...
01[15:33] {@Threei}  absolutely
01[15:33] {@Threei}  deputy too
01[15:35] {@Threei}  just a scalp, TWTR... hoped for more
[15:35] {cosmo} ministers of funds maybe
01[15:35] {@Threei} Long Setup:  VXX  .35 break
01[15:35] {@Threei}  If holds  .25
01[15:48] {@Threei}  Invalidated
01[15:48] {@Threei}  and no time for another one
[15:48] {nemo} bull market no fear
01[15:48] {@Threei}  thank you all, have a good evening
01[15:48] {@Threei}  see you tomorrow
[16:01] {dino} gn