Monday, December 8, 2014

Dec 08 2014

Back and forth day, nothing exciting trading wise. Market action however was interesting, as there were couple periods of sudden and severe selling with no news. Something to keep in mind for the future.


Session Time: Mon Dec 08 00:00:00 2014
[08:50] {dino} gm
01[08:50] {@Threei}  dino :)
[09:09] {JoebiWan} gm
01[09:11] {@Threei}  jw :)
[09:15] {RonS} hi y'all
01[09:16] {@Threei}  ron :)
[09:18] {dptl} good morning
01[09:18] {@Threei}  dp :)
01[09:24] {@Threei}  so... another dip to buy?
[09:24] {nemo} less than 1 mil spy shares...slow day coming
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -CBST +36% (being acquired by MRK for $102/shr)
01[09:25] {@Threei}  -ISR +7% (announced first cesium-131 veterinary implant in a horse with cancer)
01[09:25] {@Threei}  -GALE +3.5% (ASH data on GALE-401)
01[09:25] {@Threei}  -AGIO +1.8% (CELG extended discovery phase of strategic collaboration to April '16)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -MYCC -13% (guided initial FY15 adj EBITDA $225-235M, R$1.0B-970M)
01[09:25] {@Threei}  -PSEC -6.3% (plans to suspend equity insurance for indefinite future, cuts dividend)
01[09:25] {@Threei}  -TASR -3.2% (negative broker commentary)
01[09:25] {@Threei}  -SGEN -3.2% (data from the Phase 3 Aethera trial)
01[09:25] {@Threei}  -MCD -3% (Nov SSS report)
01[09:25] {@Threei}  -DOV -2.5% (guided FY14 lower)
01[09:25] {@Threei}  -YUM -2% (negative broker commentary; MCD poor Nov SSS)
[09:29] {ese} gm
01[09:29] {@Threei}  ese :)
01[09:33] {@Threei} Short Setup: FB  .20 break
01[09:33] {@Threei}  If holds  .30
01[09:33] {@Threei}  Invalidated
01[09:36] {@Threei} Long Setup:  TWTR  .70 break
01[09:36] {@Threei}  If holds  .60
01[09:37] {@Threei}  nope
[09:38] {JoebiWan} brb
01[09:39] {@Threei} Short Setup: FB  77 break
01[09:39] {@Threei}  If holds  .10
01[09:39] {@Threei}  change to .05 break
01[09:39] {@Threei}  If holds  .15
01[09:40] {@Threei}  grrr
01[09:46] {@Threei} Long Setup:  DAL  .05 break
01[09:47] {@Threei}  If holds  .95
01[09:48] {@Threei}  I guess my brain is in weekend mode still
[09:49] {dptl} bhp .40 short break
[09:50] {dptl} if holds .50
[09:50] {dino} `*amba hl l .98
[09:56] {dptl} cop .30 break sh if holds .40
01[09:58] {@Threei} Long Setup:  FB  77 break
01[09:58] {@Threei}  If holds  .90
[10:00] {RonS} net probs here gotta try re-boot...
[10:02] {dptl} cop half out 1:1
01[10:03] {@Threei}  Invalidated
[10:03] {dptl} 1:2 out more
01[10:05] {@Threei} Long Setup:  FB  .80 break
01[10:05] {@Threei}  If holds  .70
[10:07] {dptl} bhp no go
[10:11] {dptl} 1:3 cop all out
01[10:11] {@Threei}  wtg
[10:11] {dptl} :)
01[10:12] {@Threei} Long Setup:  WMT  .05 break
01[10:13] {@Threei}  If holds  .95
01[10:18] {@Threei}  Invalidated
01[10:25] {@Threei} Long Setup:  VLO  .20 break
01[10:25] {@Threei}  late
01[10:29] {@Threei}  valid again
01[10:29] {@Threei}  If holds  .10
01[10:33] {@Threei}  Invalidated
01[10:33] {@Threei} Long Setup:  FB  77 break
01[10:33] {@Threei}  If holds  .90
01[10:33] {@Threei}  1:1
[10:34] {dptl} missed that one
01[10:34] {@Threei}  it pulled back right to trigger
[10:34] {dptl} long dal .11
[10:38] {dptl} out half 1:1
[10:45] {dptl} may add more dal on .25 break
[10:50] {dptl} stop to .14
[10:54] {dino} got greedy, out amba .30, +.32, had .80. stupid mistake
[10:57] {RonS} unbelievable...dino is mortal?...naw, still a scatch golfer so still a god...
[10:57] {RonS} +r
[10:57] {dino} not scratch nor god
[10:59] {jfjf64} morning all
01[10:59] {@Threei}  jf :)
[10:59] {jfjf64} how was mornin
01[10:59] {@Threei}  worth sleeping in
[11:00] {jfjf64} good
[11:00] {jfjf64} good sllep
[11:01] {dino} amba sm l .69
01[11:05] {@Threei} Long Setup:  FB  .80 brewak
01[11:05] {@Threei}  If holds  .70
[11:08] {jfjf64} jumped took .76
01[11:09] {@Threei} Short Setup: VLO  .80 break
01[11:09] {@Threei}  If holds  .90
01[11:09] {@Threei}  I don't like aggressive entry in this case
[11:09] {dptl} dal 1:2 from first entry out more
01[11:09] {@Threei}  FB I mean
[11:09] {jfjf64} follow
01[11:10] {@Threei}  Invalidated
[11:10] {jfjf64} grr
[11:11] {jfjf64} aggressive better now
[11:11] {jfjf64} shook out
[11:11] {JoebiWan} out amba +.51 thx dino
[11:12] {jfjf64} goog job jb
[11:12] {dino} amba to .99
[11:13] {jfjf64} vg keep I x
[11:14] {dptl} stop to under .20 dal
[11:16] {jfjf64} x .02 break short
[11:17] {dino} out amba .99, +.30
[11:18] {nemo} CRM
[11:18] {nemo} late
[11:20] {jfjf64} fb
[11:20] {jfjf64} ?
[11:20] {dino} f'it, re-load amba .00 sm l
01[11:22] {@Threei} Long Setup:  TWTR  .15 break
01[11:22] {@Threei}  If holds  .05
[11:23] {nemo} financials are so strong today
[11:25] {dptl} out dal balance
[11:27] {dptl} you in twtr Vad?
[11:27] {dino} amba stop .69 -.31
01[11:28] {@Threei}  yes
01[11:29] {@Threei}  no
[11:29] {dptl} k..just didt see if it triggered
[11:29] {dptl} oh
01[11:29] {@Threei}  frikin FB got away
[11:31] {dptl} cop .50 short if holds .60
[11:33] {dptl} actualy support at .40 on daily...dont know now
[11:35] {dptl} long .60 may be a better idea if holds .50 but...will watch it for now
[11:37] {nemo} PSX
[11:46] {dptl} hal .15 short if holds .25
[11:49] {dino} amba sm l .00, stop lod brk
[11:49] {dino} brb
[11:51] {dptl} half out hal
[11:56] {dptl} 1:2 out more
[11:56] {JoebiWan} gj
[11:56] {dptl} :)
[11:58] {dptl} out balance
[11:59] {ese} have a great rest of the day.....was just kinda watchin...not doin much
[12:00] {dptl} slacker :)
[12:00] {dptl} man he is fast ..lol
[12:03] {dptl} nsxx route on logix, anybody knows what is it?
01[12:04] {@Threei}  Logix guys do
[12:05] {nemo} google dp
01[12:05] {@Threei}  There has been no letup in crude this morning. WTI is down another two bucks, trading around $63.85 while Brent fell to $66.80 in London trading.
[12:05] {dptl} ok will ask them...i did google couldnt find it
[12:06] {nemo} google: http://goo.gl/DavPZN
[12:06] {nemo} you better be careful wiping ur ass
[12:06] {dptl} lol...thanx
01[12:07] {@Threei}  (GR) Greece and the Eurogroup have reportedly come to an agreement to extend the bailout program by 2 months
01[12:09] {@Threei} Short Setup: TWTR  .85 break
01[12:09] {@Threei}  If holds  .95
[12:10] {dptl} ahh....missed
01[12:11] {@Threei}  1:1
01[12:11] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/757357434343774/?type=1&theater
[12:12] {dptl} wow nice.....:)
[12:14] {dptl} i think i'll move to Victoria when i am retire :)
[12:15] {dptl} nice twtr
01[12:15] {@Threei}  we will draw the bridge by that time, no newcomers. Tourists only, 3 days max
[12:15] {dptl} lol...
01[12:16] {@Threei}  1:2
01[12:16] {@Threei}  who pulled the rug from under SPY?
01[12:16] {@Threei}  don't see any earthshaking news
[12:18] {dptl} look at vlo. didt move with it
[12:19] {nemo} bounce time
[12:19] {dptl} .80 long may be vlo
[12:19] {dptl} aggresive for .90 break
[12:21] {dptl} will try half lot may be
[12:21] {nemo} finnies are the key today
[12:21] {nemo} they were up huge, when they hiccupped, the markets came in
[12:22] {nemo} they're just below vwap now so they'll try to recover it
[12:23] {dptl} stop under .70 vlo
[12:25] {nemo} DAX closed down .72
[12:25] {nemo} %
[12:28] {dptl} nah out vlo
01[12:29] {@Threei}  DAL Seeing put activity15700 Dec 46.5 puts trade above the ask
01[12:29] {@Threei}  closed TWTR at 1:3
[12:29] {nemo} finnies can't get above vwap another leg down coming
[12:47] {dptl} i'll step out for a bit
01[13:10] {@Threei} Long Setup:  FB  .10 break
01[13:10] {@Threei}  If holds  76
01[13:15] {@Threei}  no go
[13:16] {dptl} out fb
[13:28] {dptl} watching cop for short entry
[13:29] {dptl} in .39
01[13:39] {@Threei}  no news for these sudden drops
[13:43] {nemo} no buyers
[13:44] {dptl} ok out some cop stop to .46
01[13:44] {@Threei} Long Setup:  FB  .50 break
01[13:44] {@Threei}  If holds  .40
[13:45] {dptl} to .41 sorry
[13:47] {jfjf64} giddy up fb
01[13:47] {@Threei}  half out
01[13:47] {@Threei}  1:1
01[13:47] {@Threei}  time to fly
[13:48] {dptl} out cop
[14:22] {nemo} any news twtr
01[14:22] {@Threei}  TWTR Hearing vague chatter Apple could seek to take a stake (related AAPL)
[14:22] {nemo} aapl might be looking to take a stake
01[14:28] {@Threei} Long Setup:  IWM  .15 break
01[14:28] {@Threei}  If holds  .05
01[14:32] {@Threei}  1:1
[14:32] {dptl} out some ty
01[14:32] {@Threei}  yw
01[14:33] {@Threei}  1:2
[14:33] {dptl} out :)
[14:35] {dino} amba sm l .89
[14:37] {dino} baba sm l .45
01[14:38] {@Threei}  1:3
01[14:38] {@Threei}  (close enough)
[14:38] {dptl} vlo short may be
[14:39] {dptl} nah...support really close
[14:41] {dino} zfgn spike
[14:42] {dino} ttph spike
[14:43] {dino} out amba .50, +.61
[14:43] {JoebiWan} gj
[14:44] {dino} ty
[14:44] {dino}  out baba .90, +.45
[14:46] {pamsv} thanks all - nice calls..  cu tmrw
[14:46] {dino} gn pam
01[14:46] {@Threei}  take care pam
[14:46] {JoebiWan} bye pam
01[14:49] {@Threei}  russian alternative to Tesla: https://www.youtube.com/watch?v=j2K8qj0jnHE#t=17
[14:50] {dptl} my god...lol
[14:52] {dptl} but it works lol
[14:54] {dptl} long hal .80
01[14:55] {@Threei}  too bad we haven't caught ultimate FB bottom
01[14:55] {@Threei}  almost did but it rinsed second half
[14:59] {RonS} need to go...see you tomorrow
01[15:00] {@Threei}  take care ron
[15:02] {jfjf64} gld .70 break
[15:02] {jfjf64} hold.60
[15:14] {dptl} no go hal out
[15:18] {dptl} up a bit but not much today...i thing i did few unnessesery trades, but atleast with smaller shares :)
01[15:20] {@Threei} Long Setup:  FB  .50 break
01[15:20] {@Threei}  If holds  .40
01[15:21] {@Threei}  change to .40 break
01[15:21] {@Threei}  If holds  .30
01[15:21] {@Threei}  1:1
[15:34] {dino} leaf spike
01[15:39] {@Threei} Long Setup:  IWM  .20 break
01[15:39] {@Threei}  If holds  .10
[15:40] {dino} mco drop]
01[15:41] {@Threei}  Invalidated
[15:41] {dino} sm l .35
[15:41] {dino} out mco .75, +.40
[15:43] {dptl} ok...gn see ya all tomorrow :)
01[15:43] {@Threei}  should have switched to .10
01[15:43] {@Threei}  ok guys, thank you all, have a great evening
[15:43] {JoebiWan} thx cya