Monday, January 12, 2015

Jan 12 2015

Beautiful day with 1:3ers all around. Trade after trade worked nicely, and couple stops couldn't make a dent.


Session Time: Mon Jan 12 00:00:00 2015

[08:50] {dino} gm 3i
01[08:50] {@Threei}  dino :)
[08:57] {dptl} dm
01[08:57] {@Threei}  dp :)
[09:27] {RonS} gm cowbou haters and sneaky lovers
[09:27] {nemo} and Pats fans....
01[09:27] {@Threei}  ron :)
[09:28] {nemo} my part-time archery job is right next to the stadium, what a horror show on Saturday
[09:29] {ese} gm
[09:30] {ese} sheesh..Citigroup trader bonuses are shrinking By Melanie Hicken   @melhicken January 9, 2015: 6:07 PM ET
01[09:30] {@Threei}  ese :)
[09:30] {ese} what......5mil instead of what 10mil
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -FMI +155% (Roche purchasing 56.3% stake at $50/shr)
01[09:30] {@Threei}  -TKMR +46% (announced $750M merger with OnCore Biopharma to creat leading global Hep C virus co.)
01[09:30] {@Threei}  -BBW +18% on low volume (Q4 Rev & SSS guidance)
01[09:30] {@Threei}  -AGEN +12% (momentum from alliance with INCY, positive broker commentary)
01[09:30] {@Threei}  -NPSP +8.4% (being acquired by SHPG for $46/shr)
01[09:30] {@Threei}  -BMY +6.5% (stopped Phase 3 study of Opdivo in NSCLC early after meeting primary endpoint)
01[09:30] {@Threei}  -LULU +5.8% (raised Q4 guidance)
01[09:30] {@Threei}  -HOLX +5.6% (prelim earnings)
01[09:30] {@Threei}  -EXPR 4.2% (raised Q4 guidance)
01[09:30] {@Threei}  -SGEN +4.1% (entering clinical collaboration with BMY to examine efficacy of combination of Adcetris and Opdivo [BMY] in hematologic malignancies)
01[09:30] {@Threei}  -NLS +3.4% (Q4 EPS & Rev guidance)
01[09:30] {@Threei}  -ACT +2% (guided Q4 EPS to exceed consensus)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -ARWR -19% (update on IND for ARC-520 Phase 2b study)
01[09:31] {@Threei}  -SNDK -9% (guided Q4 lower)
01[09:31] {@Threei}  -TIF -8.4% (lowered FY15 EPS guidance)
01[09:31] {@Threei}  -ASNA -7% (guided FY15 lower)
01[09:31] {@Threei}  -SRPT -4.7% (longterm Eteplirsen walking data through 168 weeks shows decline in walking ability)
01[09:31] {@Threei}  -LORL -3.6% (talks to sell itself to Ontario Teachers pension fund broken off)
01[09:31] {@Threei}  -AAL -3.2% (Dec metrics; pliminary Q4 results)
01[09:32] {@Threei} Short Setup: FCX  .80 break
01[09:33] {@Threei}  If holds  .90
01[09:34] {@Threei}  trail to .86
[09:35] {nemo} indexes getting out of hand quickly
01[09:36] {@Threei}  1:1
[09:36] {nemo} SPY @ gap
01[09:38] {@Threei}  1:2
[09:41] {nemo} crude 46.40
01[09:42] {@Threei}  Putin: you have gotta be kidding me...
[09:42] {nemo} stop strokin' ur light saber Joebi and get here on time
[09:43] {JoebiWan} lol
01[09:43] {@Threei}  lol
[09:43] {RonS} piece of work...
01[09:47] {@Threei}  ok, time for 1:3
01[09:47] {@Threei}  trail to .66 btw
[09:55] {dino} cybr sm l .80
01[09:55] {@Threei} Long Setup:  FB  .70 break
01[09:55] {@Threei}  If holds  .60
01[09:56] {@Threei}  Invalidated
01[09:57] {@Threei}  1:3
01[09:57] {@Threei}  finally
01[09:57] {@Threei}  out
01[10:00] {@Threei}  FB
01[10:00] {@Threei} Long Setup:  FB  .60 break
01[10:00] {@Threei}  change to .50
01[10:00] {@Threei}  If holds  .40
01[10:01] {@Threei}  Invalidated
[10:03] {dino} aal sm l .00
01[10:05] {@Threei} Long Setup:  MCD  .70 break
01[10:05] {@Threei}  If holds  .60
01[10:06] {@Threei}  1:1
01[10:09] {@Threei}  wow FB
[10:09] {nemo} hey Dino, sexy Rexy went to the Bills
01[10:09] {@Threei}  [FB] CEO Zuckerberg could be interested in making an investment into Xiaomi phone maker in CHina
01[10:10] {@Threei}  so what??
01[10:10] {@Threei}  shrug
01[10:10] {@Threei}  1:2
01[10:13] {@Threei}  1:3
01[10:13] {@Threei}  out in full
[10:13] {JoebiWan} ty vad
01[10:13] {@Threei}  yw
01[10:13] {@Threei}  2 1:3ers fir the start... can I go home?
[10:16] {nemo} no...gotta' make up for last week
[10:19] {ese} who was it on this board that lives in the Memphis area?  Am gonna be there Apr 17 to 26th
[10:20] {nemo} that's a warning to move
[10:20] {RonS} wrong board
[10:20] {ese} we need to scheme and plot to drive nemo nuts on the board
[10:20] {nemo} oh...as if I'm not already there
[10:21] {RonS} he does that himself...or should i say already did?...
[10:21] {ese} indeed
[10:23] {RonS} i mean the guy has a rabbit for a pet...worse than a cat...oops
[10:23] {ese} oh ya......hmmmmmmm........
[10:23] {nemo} wow
[10:23] {nemo} vicious Ron
[10:23] {ese} lol
[10:23] {dino} out sap calls from friday, +1.10 / 42%
[10:23] {nemo} it's my nephew's
[10:24] {ese} nice dino
[10:25] {dino} ty
[10:26] {ese} am sitting on the free money gravy train as well L hct .7148 from last week
[10:27] {dino} out cybr .27, +.47
01[10:28] {@Threei} Long Setup:  WMT  .50 break
01[10:28] {@Threei}  If holds  .40
01[10:32] {@Threei}  1:1
[10:36] {RonS} crude 45.88
01[10:36] {@Threei}  oh boy
01[10:37] {@Threei}  if there is 1% of truth to the talks about conspiracy behind oil drop, this is the most effective plot I'd ever seen
[10:40] {RonS} bita thrice shy
[10:40] {RonS} (triple top)
01[10:40] {@Threei} Long Setup:  TWTR  40 break
01[10:40] {@Threei}  If holds  .90
01[10:42] {@Threei}  1:1
01[10:43] {@Threei}  1:2
[10:47] {JoebiWan} out ty
01[10:47] {@Threei}  yw
01[10:47] {@Threei} Short Setup: USO  .45 break
01[10:47] {@Threei}  If holds  .55
[10:49] {dino} out aal flat
[10:53] {dino} partial out bokf calls from last week, +.70 / 29%
[10:53] {dino} opps they were puts not calls
[10:56] {dino} afsi sm l .90
01[10:57] {@Threei}  no go
[10:59] {JoebiWan} gdx .30 break?
01[10:59] {@Threei}  doubt it
01[11:00] {@Threei}  xcompare to SPY,
01[11:00] {@Threei}  it acts as a hedge
01[11:00] {@Threei}  and SPY looks up
[11:01] {dino} out remaining cyber .70, +.90
[11:04] {dino} bokf to b/e
[11:05] {dino} opps, not bokf, afsi. get w/it dino
[11:05] {dino} remainder bokf puts out +.40/17%
01[11:08] {@Threei}  sure those were not calls?
01[11:12] {@Threei} Short Setup: JPM  59 break
01[11:12] {@Threei}  If holds  .10
[11:12] {dino} they were puts
01[11:14] {@Threei}  USD/CAD Touches fresh session highs at 1.1937
01[11:15] {@Threei}  woohooo
[11:18] {dino} out afsi flat
01[11:22] {@Threei}  stop to .06
01[11:29] {@Threei}  1:1
01[11:46] {@Threei}  Oil prices have lost 5% or so this morning, with WTI right above $46 and Brent just above $47.
01[11:46] {@Threei}  Saudi Prince Alwaleed made a big call in oil, saying $100/bbl crude a thing of the past. According to Alwaleed, if some supply comes off the market and there is growth in demand, prices may go up. "But I'm sure we're never going to see $100 anymore," he said.
[11:48] {cosmo} the new carbon tax will take it back there
[11:49] {cosmo} hmm...for gasoline, not crude...sorry
01[11:51] {@Threei}  there are idiots that are going to implement it?
01[11:51] {@Threei}  1/2
[11:51] {cosmo} Calif already has
01[11:51] {@Threei}  1:2
[11:51] {cosmo} Feds are next
01[11:51] {@Threei}  ok... hello to your idiots from ours
01[11:51] {@Threei}  BC implemented it a few years ago
[11:51] {cosmo} we are one :)
01[11:52] {@Threei}  effect on gas consumption - zero
[11:53] {cosmo} so far...
01[11:54] {@Threei}  1:3
01[11:55] {@Threei}  out
[12:00] {nemo} why SNDK so weak
[12:01] {RonS} cut guidance
[12:03] {RonS} sm l bita 72.51
[12:12] {RonS} out bita 73.05 on trail +.54
[12:13] {dino} gj
01[12:23] {@Threei} Long Setup:  IWM  .25 break
01[12:23] {@Threei}  If holds  .15
01[12:24] {@Threei}  1:1
01[12:33] {@Threei} Long Setup:  JPM  59 break
01[12:33] {@Threei}  If holds  .90
[12:38] {nemo} Even though AA is a shit company it's results and guidance could be important
[12:38] {nemo} tonight
[12:40] {nemo} IWM SPY finnies up against trend line
01[12:42] {@Threei}  nah
01[12:42] {@Threei}  easy money has been made
[12:42] {nemo} nah what?
01[12:42] {@Threei}  JPM
[12:42] {nemo} ahhh
[12:46] {RonS} tif trying to get off mat
[12:53] {dino} they only lwere by about 3%, pretty big hit
[12:55] {dino} lowered
[12:57] {RonS} guess slow today... tif punched blue...
[12:58] {RonS} feye hot (no tina)
[12:59] {RonS} jesus cybr
[13:00] {dino} yeah, sold that too soon
[13:00] {RonS} guessing O speech...
[13:01] {dino} when is that?
01[13:01] {@Threei}  [TWTR] US Central Command (Centcom) Twitter page and its YouTube page appear to have been taken over by hackers sympathetic to ISIS
[13:01] {RonS} who cares...on cyber security...guess last week free college this week free cyber security...
[13:01] {dino} vdsi not following
[13:02] {dino} who in their right mind would be sympathetic to isis?
[13:02] {nemo} muslims
[13:02] {RonS} blade sharpeners?
[13:05] {dino} stor spike
[13:10] {dino} missed that one
[13:16] {nemo} VXX
01[13:23] {@Threei}  (EU) ECB's Nowotny: Europe remains the weak spot of the global economy, there was broad consensus that oil at $100/bbl was overvalued - Oil at $50/bbl could be a new equilibrium. Low inflation data is partly due to lower oil prices- low inflation rates could be a long term phenomenon
01[13:23] {@Threei}  why on earth would they care about low inflation as long as oil prices cause it
[13:24] {nemo} they obviously haven't seen my electri rates
01[13:24] {@Threei}  deflation caused by weak demand on manufactured goods is a problem
01[13:25] {@Threei}  deflation caused by abundance of components is not
01[13:31] {@Threei} Short Setup: FB  .30 break
01[13:31] {@Threei}  If holds  .40
01[13:34] {@Threei}  Invalidated
01[13:45] {@Threei} Long Setup:  FSLR  .90 break
01[13:45] {@Threei}  If holds  .80
01[13:56] {@Threei}  stop to .84
01[13:59] {@Threei}  1:1
[14:03] {nathan} hi gents
01[14:04] {@Threei}  hey nathan
[14:05] {nathan} long vxx .60?
01[14:05] {@Threei}  I'd prefer pullback
01[14:05] {@Threei}  and get it around .55
01[14:06] {@Threei}  with stop under .45
[14:06] {nathan} ok
01[14:06] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/779710902108427/?type=1&theater
01[14:10] {@Threei}  like so
01[14:10] {@Threei}  .55 break now is entry
01[14:10] {@Threei}  if .45 holds
01[14:15] {@Threei}  stop to .49
01[14:16] {@Threei}  1:1
[14:16] {nathan} 1:1
[14:16] {nathan} nice ahot
[14:16] {nathan} shot
01[14:17] {@Threei}  nemo, I am absolutely not interested in meeting colombian women, stop forwarding me those e-mails. Now, if you stumble onto Belize ones...
[14:17] {nathan} lol
01[14:17] {@Threei}  see how .60 entry would have been stopped nathan?
01[14:17] {@Threei}  this is DKTK time
[14:17] {nathan} right
[14:17] {nemo} ?
01[14:18] {@Threei}  actually, .50 would be ideal entry
[14:18] {nemo} it's after 2 setups will be real
[14:18] {nemo} SPY rejected vwap
01[14:18] {@Threei}  but risk of missing whole thing would be greater
01[14:18] {@Threei}  1:2
[14:19] {nathan} dont have more to sell :-(
[14:19] {nathan} :-)
01[14:19] {@Threei}  why not partial
[14:19] {nemo} or trail stop
[14:19] {nathan} gainng confident
[14:19] {nemo} confidence
[14:20] {nathan} wanted to make sure
[14:20] {nathan} thanks nemo
01[14:20] {@Threei}  had you been here in the morning, confidence would be coming out vazoo
[14:20] {nemo} de nada
[14:20] {nemo} wazoo
01[14:20] {@Threei}  that too
01[14:20] {@Threei}  both actually
[14:20] {nathan} nemo is in autocorrection mode
01[14:20] {@Threei}  lol
[14:21] {nemo} not reall, but as you are not a native speaker, I throw them out there
[14:21] {nathan} wish i could being this morning
01[14:21] {@Threei}  and auto-forwarding colombian e-mails
[14:21] {nathan} lol
[14:21] {nemo} wish I could be here
01[14:22] {@Threei}  closed FSLR on a trail
[14:22] {nathan} lol
01[14:23] {@Threei}  1:3
[14:24] {nathan} short dal break 46?
[14:26] {nathan} forget it
01[14:26] {@Threei}  forget what?
[14:26] {nathan} dal
01[14:26] {@Threei}  what dal?
[14:26] {nathan} DAL break 46
01[14:27] {@Threei}  I can't remember what it is
01[14:27] {@Threei}  you underestimate my willingness to follow orders nathan... :)
[14:28] {nathan} :-)
01[14:31] {@Threei}  1:4 baby
01[14:31] {@Threei}  out
[14:31] {nemo} o.k. bend over Vad
01[14:35] {@Threei}  ?
[14:36] {nathan} short DG .50 break?
[14:37] {nathan} nothing
01[15:03] {@Threei}  watching TWTR for entry on pullback around .50
01[15:11] {@Threei}  anyone got it?
01[15:13] {@Threei}  1:1
01[15:17] {@Threei}  1:2
01[15:20] {@Threei} Long Setup:  IWM  .20 break
01[15:21] {@Threei}  If holds  .10
01[15:23] {@Threei}  no go
01[15:27] {@Threei} Long Setup:  VXX  .90 break
01[15:27] {@Threei}  If holds  ,80
01[15:28] {@Threei}  aggressive entry, counting on 34 break... that should catapilt VXX
01[15:28] {@Threei}  i=u
01[15:29] {@Threei}  wow... jerky
01[15:29] {@Threei}  touched 1 cent from 1:1
01[15:31] {@Threei}  1:1
01[15:31] {@Threei}  let's panic SPY
01[15:31] {@Threei}  and crash
01[15:34] {@Threei}  crashier please
01[15:34] {@Threei}  1:2
01[15:35] {@Threei}  should do more
[15:36] {pamsv} thanks guys see ya..
01[15:37] {@Threei}  take care pam
01[15:40] {@Threei}  done
01[15:40] {@Threei}  OK guys, fantastic day
01[15:40] {@Threei}  thank you all, have a great evening
01[15:40] {@Threei}  see you tomorrow
[15:41] {dptl} gn all