Friday, September 5, 2014

Sept 05 2015

Still slow but picking up and becoming easier by day. Couple nice 1:3ers on FB and SPY made for a nice finish to the week

Session Time: Fri Sep 05 00:00:00 2014
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
[09:09] {RonS} gm gents
01[09:09] {@Threei}  ron :)
[09:16] {troub} good morning
01[09:16] {@Threei}  troub :)
01[09:23] {@Threei}  quiet pre-market
01[09:23] {@Threei}  most likely quiet day
[09:24] {nemo} 7 mill spy and bad retail results
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -PRAN +30% (FDA orphan drug designation for PBT2 for Huntington's Disease)
01[09:24] {@Threei}  -BLOX +14% (earnings)
01[09:24] {@Threei}  -AMBA +9% (earnings)
01[09:24] {@Threei}  -LOCO +6% (earnings)
01[09:24] {@Threei}  -MOBI +3.8% (repurchased 16M shares from Sequoia Capital)
01[09:24] {@Threei}  -FCEL +2.5% (accelerating commercialization of Solid Oxide Fuel Cell development with $7.5M contract)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -REPH -50% (Phase IIb trial of Dex-IN shows no statistical significance as single agent)
01[09:24] {@Threei}  -ZQK -17% (earnings)
01[09:24] {@Threei}  -ZUMZ -6.2% (earnings)
01[09:24] {@Threei}  -GPS -5.8% (earnings)
01[09:24] {@Threei}  -FNSR -5.3% (earnings)
01[09:24] {@Threei}  -KORS -4.5% (prices 11.6M offering at $76.75/shr)
01[09:24] {@Threei}  -SEAC -4.3% (earnings)
01[09:24] {@Threei}  \
[09:25] {RonS} loco pasado pulpa
01[09:27] {@Threei}  keeping an eye ion KORS
01[09:32] {@Threei} Long Setup:  FB  .20 break
01[09:32] {@Threei}  If holds  .10
01[09:33] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  KORS  76 break hl
01[09:35] {@Threei}  If holds  .85
01[09:39] {@Threei}  nah
[09:48] {dino} adding hclp calls
[09:52] {dino} kors sm l .00
01[09:52] {@Threei} Long Setup:  SPY  .10 break
01[09:52] {@Threei}  If holds  200
[09:56] {nemo} oops
01[09:56] {@Threei}  ?
01[09:57] {@Threei}  1:1
[10:03] {dino} out kors .25, +.25
[10:03] {nemo} SOB!!!!
[10:04] {nemo} frickin' wicked out by a penny
[10:06] {RonS} wow gild...what a range
01[10:06] {@Threei} Long Setup:  FB  .80 break
01[10:06] {@Threei}  If holds  .80
[10:07] {nemo} did you mean .90
[10:08] {troub} tight stop
[10:09] {RonS} lol
01[10:09] {@Threei}  .90 of course
01[10:10] {@Threei}  smart asses
01[10:10] {@Threei}  :)
01[10:10] {@Threei}  what was it, 1:2 while you mocked me? :)
[10:10] {nemo} gone before I saw it
01[10:11] {@Threei}  huh?
[10:11] {troub} mock? never
01[10:11] {@Threei}  no way
01[10:11] {@Threei}  it was quite easy at .92
[10:11] {nemo} I never saw it was over the whole
01[10:15] {@Threei} Long Setup:  FB  .80 break
01[10:15] {@Threei}  If holds  .70
01[10:17] {@Threei}  no go
01[10:18] {@Threei}  KORS nice recovery
[10:19] {dino} yeah, sold too soon
[10:24] {dino} rare gap fill
01[10:46] {@Threei}  Teachers who are going without a paycheque now are not allowed to tutor students. That would be akin to crossing the picket line, the union says.
[10:47] {RonS} seig heil...
01[10:51] {@Threei} Short Setup: TWTR  .60 break
01[10:51] {@Threei}  If holds  .70
[10:52] {dino} out db calls from few weeks ago, +.60/38%
01[10:52] {@Threei}  Invalidated
01[10:53] {@Threei} Long Setup:  FB  .90 break
01[10:53] {@Threei}  If holds  .80
01[11:01] {@Threei}  no go
01[11:06] {@Threei}  rinse
01[11:06] {@Threei}  son of a motherless goat
01[11:07] {@Threei}  1:2... ^%$@(&%
[11:13] {dino} what are you trying to say
01[11:13] {@Threei}  jujst expressing how happy I am about blue sky, floating butterflies, blooming flowers
[11:14] {dino} ahh, indeed
[11:17] {RonS} Obama speaking in about 15 minutes....place your bet...
01[11:27] {@Threei} Long Setup:  FB  .10 break
01[11:27] {@Threei}  If holds  76
01[11:31] {@Threei}  UR) Reportedly explosions heard north of the eastern Ukraine city of Donesk minutes after the ceasefire agreement went into effect
[11:31] {nemo} vodka still
[11:32] {nemo} oxy having trouble while market strong
01[11:41] {@Threei}  1:1
01[11:43] {@Threei}  1:2
01[11:44] {@Threei}  this new trading software I am testing has amazing feature
01[11:44] {@Threei}  stock reaches the level you eant to take partial at, you click on the line with position and elect option "sell 50%"
01[11:45] {@Threei}  boom, done
01[11:45] {@Threei}  next level, do the same, this time it sells 1/4 of original
01[11:45] {@Threei}  last sell level, elect 100%
01[11:45] {@Threei}  no entering or changing amount of shares
01[11:45] {@Threei}  just one click
[11:45] {RonS} nice
01[11:46] {@Threei}  just have to be willing to use market order of course
01[11:46] {@Threei}  so appl,icable to nicely liquid stocks
01[11:54] {@Threei}  1:3
01[11:54] {@Threei}  out
01[11:54] {@Threei}  finally something decent
[11:58] {nemo} wow u can short tna today
[12:11] {dino} gj
[12:13] {dino} nemo, watched star trek into darkness the other night, i'm loking the new trek cast/movies
[12:15] {nemo} yeah, they do a nice job, but I liked the first movie better...however, that Benedict Cumberbatch is an impressive actor...you should see him in the modern BBC Sherlock Holmes...he was also good in Tinker, Tailor, Soldier, Spy with Gary Oldman
[12:16] {dino} liked the way they are building up the kahn history
[12:17] {nemo} The guy who plays Kirk is in an older movie on Netflix about the 1976 Wine Challenge in France where California wines took the top prize...really good I think it's called Bottle Shock.  Has another Brit I really like whose name escapes me
[12:19] {nemo} watching VXX  Vad?
[12:20] {nemo} Alibaba begins trading the 18th so they hold the market up at least until then
01[12:21] {@Threei}  VXX... tempting
[12:22] {nemo} might be a tad early
[12:22] {nemo} Hey Dino:  NFLPC  http://goo.gl/c2zeMR
[12:25] {RonS} jazz, agn buyout rumor
01[12:38] {@Threei}  Obama says hopeful but skeptical of Ukraine ceasefire
01[12:38] {@Threei}  that pretty much descxribes my feelings about his resignation
[12:38] {RonS} or competence...
01[12:39] {@Threei}  no... not hopeful about that at all
[12:48] {nemo} VXX bounce
[12:55] {RonS} Estonia says security officer was taken at gunpoint into Russia: http://bloom.bg/1Af1dml
01[12:56] {@Threei}  http://uk.investing.com/news/world-news/estonian-security-police-say-officer-abducted-on-russian-border-13315
01[12:56] {@Threei}  these nice folks at the helm of EU, US, NATO should realize that Putin ewill dtop only when he is stopped
01[12:57] {@Threei}  stop
01[13:01] {@Threei} Long Setup:  VXX  .65 break
01[13:01] {@Threei}  If holds  .55
[13:07] {nemo} spy 201
01[13:07] {@Threei}  Invalidated
01[13:17] {@Threei} Long Setup:  VXX  .60 break
01[13:17] {@Threei}  If holds  .50
[13:24] {RonS} KERX Quotes resume at 1:35, trading 1:40.
[13:25] {RonS} 23% float short  20 mil sh
01[14:04] {@Threei}  ugh
[14:05] {nemo} they may run this to ATH
[14:06] {nemo} BTFD!!!
[14:07] {dino} yep
[14:07] {nemo} see if I can make today a respectable loss
01[14:48] {@Threei} Long Setup:  SPY  .80 break
01[14:49] {@Threei}  If holds  .70
[14:52] {nemo} breakouts in a dull market
01[14:53] {@Threei}  this is pullback entry
01[15:07] {@Threei}  1:1
[15:25] {dino} out hclp calls from earlier, +1.06/+24%
01[15:25] {@Threei}  wtg
[15:25] {dino} ty
[15:26] {nemo} should gap up on Monday
01[15:27] {@Threei}  if no sudden developments, yes
[15:27] {nemo} probably over 202 at least in pre market
[15:30] {nemo} vxx looks bearish
[15:30] {nemo} no fear
01[15:31] {@Threei}  nope
01[15:32] {@Threei}  just holding piece of SPY with .79 stop still, to see how it ends
[15:41] {nemo} I'm getting no T&S movement in my display
[15:42] {nemo} what do you have for a spy price Vad?
01[15:42] {@Threei}  .91
01[15:42] {@Threei}  .90 x .91
[15:42] {nemo} something screwed up here
[15:43] {nemo} logged out and in
01[15:44] {@Threei}  1:2
01[15:50] {@Threei}  1:3
01[15:50] {@Threei}  out
01[15:51] {@Threei}  happy to end the week on this
01[15:51] {@Threei}  trading is much much easier already than it was in Aug
01[15:51] {@Threei}  and will be only better from here
[15:51] {dino} still slow
01[15:51] {@Threei}  yeah, well, short week
01[15:52] {@Threei}  right after vacation
[15:52] {dino} but last two weeks have been very profittable
01[15:52] {@Threei}  picks up gradually
01[15:52] {@Threei}  :)
01[15:52] {@Threei}  thank you all, have a great weekend'
01[15:52] {@Threei}  see you Monday
[15:53] {dino} gn all