Wednesday, January 14, 2015

Jan 14 2015

Not exactly our day as stops outrun wins. Ended with 3 nice winning trades but still on a negative side

Session Time: Wed Jan 14 00:00:00 2015
[09:05] {dino} gm
01[09:06] {@Threei}  dino :)
[09:06] {JoebiWan} morning
01[09:06] {@Threei}  jw :)
[09:18] {ese} gm
[09:19] {ese} http://www.cbc.ca/news/business/aleksandr-milrud-accused-of-high-speed-trading-to-make-millions-in-illicit-profits-1.2899982
[09:19] {dino} that it is ese
[09:19] {ese} bastards
01[09:19] {@Threei}  ese :)
[09:19] {ese} mornin dino
[09:19] {ese} vad
01[09:21] {@Threei}  hehe... I know the guy
[09:21] {ese} You're kidding
01[09:22] {@Threei}  nope
01[09:23] {@Threei}  we communicated for a while, he tried to involve me in cooperation
[09:23] {dptl} gm
01[09:23] {@Threei}  used to run  brokerage in Toronto
[09:23] {ese} and...is he slime?
01[09:23] {@Threei}  dp :)
[09:23] {ese} dddddddddddddpppppppppppppp!
[09:23] {dptl} :)
01[09:23] {@Threei}  he never disclosed this kind of plan, but something did sound fishy
01[09:34] {@Threei}  Upside:
01[09:34] {@Threei}  -ZIOP +54% (enters exclusive CAR T pact with XON)
01[09:34] {@Threei}  -RGDO +36% (merger agreement with Tobira Therapeutics)
01[09:34] {@Threei}  -XON +12% (enters exclusive CAR T pact with ZIOP)
01[09:34] {@Threei}  -GME +11% (reiterated guidance, positive broker commentary)
01[09:34] {@Threei}  -FCE.A +6.3% (converting to a REIT, will continue to pursue strategic plan initiatives)
01[09:34] {@Threei}  -ZLTQ +5.6% (guided Q4 Rev higher than estimates)
01[09:34] {@Threei}  -WNC +5% (guided FY14 higher than est, raised FY14 trailer shipments outlook)
01[09:34] {@Threei}  -LLTC +3% (earnings)
01[09:34] {@Threei}  -BCRX +3% (received positive opinion on European drug orphan designation for BCX-4161)
01[09:34] {@Threei}  Downside:
01[09:34] {@Threei}  -DWCH -27% (guided Q1 net loss & Rev down; negative broker commentary)
01[09:34] {@Threei}  -TSLA -10% (poor Q4 China sales - Musk may step down as CEO post-Model 3 launch)
01[09:34] {@Threei}  -FCX -8% (lowered copper prices)
01[09:34] {@Threei}  -IRBT -5% (negative broker commentary)
01[09:34] {@Threei}  -X -4% (lower oil leading to lower demand for steel)
01[09:34] {@Threei}  -JPM -3.5% (earnings)
01[09:34] {@Threei}  -GM -3% (FY15 & '16 guidance)
01[09:35] {@Threei} Long Setup:  JPM  .80 break
01[09:35] {@Threei}  If holds  .70
01[09:36] {@Threei}  teleported
01[09:36] {@Threei}  valid again
01[09:37] {@Threei}  stop to .74
[09:37] {nemo} can't get above vwap
01[09:38] {@Threei}  no go
[09:38] {RonS} kors gone pulp
01[09:41] {@Threei} Long Setup:  IWM  .50 break
01[09:41] {@Threei}  If holds  .40
01[09:42] {@Threei}  Invalidated
01[09:43] {@Threei} Long Setup:  DAL  .40 break
01[09:43] {@Threei}  aww, late
01[09:43] {@Threei}  grrr
[09:49] {dino} cybr sm l .82
01[09:51] {@Threei} Long Setup:  IWM  .50 break
01[09:51] {@Threei}  If holds  .40
01[09:53] {@Threei}  stop to .44
01[09:55] {@Threei}  1:1
01[09:55] {@Threei}  1:2
01[09:56] {@Threei}  1:3
01[09:56] {@Threei}  finally
01[09:56] {@Threei}  DAL got away
[09:57] {ese} out full HCT .03 +.31 1k
[09:57] {nemo} JPM
[09:57] {dino} gj
[10:00] {ese} tks
01[10:02] {@Threei} Long Setup:  MCD  .80 break
01[10:02] {@Threei}  If holds  .70
01[10:02] {@Threei}  no go
[10:03] {nemo} they're thickening the bid, this market going down methinks
[10:03] {ese} flml dino.......am eyeing this one
[10:03] {ese} FLML
[10:05] {ese} being toasted -11.80% so far...good fundamentals
[10:06] {ese} -13%
[10:10] {dino} 14.30s area supp ese
[10:10] {dino} imo
[10:11] {ese} was thinkin 14.50
[10:11] {ese} but what ever
[10:12] {dino} sorry going to be distracted for hour or so, just sold that little 2 bedroom foreclose i bought in oct '14.
[10:12] {RonS} ese, my rule on these is that block volume needs to moderate to 10% or less of overall volume...currwently prox 25%
[10:12] {RonS} check that 50%
[10:12] {ese} nice
[10:12] {dino} internet security hot
[10:13] {ese} hey....have never thought about that.....how do you figure it
[10:13] {ese} tks ron
[10:13] {RonS} years of watching...and being too early
[10:14] {ese} lol.....ya been there a few times
[10:15] {RonS} another metric i use is 5-10-15 and in extreme selloffs 30% of outstanding shares flml outstanding 38.61 mil so volume so far says it's early...
[10:17] {ese} hmmmmmm tks ron appreciate that.......have never thought of it that way before
[10:17] {RonS} and, since this is a French co turn could occur after Europe close in an hour and 10...
[10:17] {ese} ws just gonna look for this one more push to 14.5
[10:18] {ese} wow
[10:18] {ese} spread closing a litle
[10:21] {ese} L dino sm .30
[10:23] {ese} flml......sorry
01[10:23] {@Threei} Long Setup:  IWM  .70 break
01[10:23] {@Threei}  If holds  .60
01[10:25] {@Threei}  nope
[10:27] {dino} ok, back
[10:27] {RonS} gj
[10:27] {dino} flml, sm l .32, stop .98
[10:29] {ese} L some more flml avg .34
01[10:30] {@Threei}  [FLML] put activity 2000 Jan 15 puts trade at the ask
[10:30] {ese} out flml 66 +.31 on 2k
[10:31] {JoebiWan} gj
[10:31] {ese} tks
[10:31] {ese} good enough
[10:33] {dino} wtg ese
[10:35] {ese} tks...don't have your nerve to stick out farther
01[10:35] {@Threei} Long Setup:  VXX  .55 break
01[10:35] {@Threei}  If holds  .45
[10:36] {dino} i don't have the nerve for 2k size
[10:36] {ese} am now lookin to swing trade this one....will wait for a setup
[10:36] {RonS} no kidding
01[10:36] {@Threei}  1:1
[10:36] {dino} out flml .02, +.72
[10:37] {ese} felt like days gone by
[10:37] {dino} "back in the day"
[10:37] {ese} nice dino......gutsy buddy
[10:37] {ese} ya
[10:38] {dino} ty
[10:38] {RonS} hear i thought you were talking about molesting students...
[10:38] {RonS} here...sorry
[10:39] {dino} gutsy, no, 400 shares, .34 cent stop, max pain of $136
01[10:40] {@Threei} Long Setup:  VCC  .65 break
01[10:40] {@Threei}  VXX
[10:40] {ese} now now ron
01[10:40] {@Threei}  If holds  .55
[10:43] {ese} man these goofs on cnbc just yammer on and on and on...wears on ya after a while
[10:43] {nemo} pot meet kettle
01[10:44] {@Threei}  no go
[10:49] {dino} no tv on, just music. talking heads will mess with your trading. just because they say its so, does not make it true
01[10:50] {@Threei} Long Setup:  DAL  .15 break
[10:50] {ese} agreed
01[10:51] {@Threei}  If holds  .05
01[10:52] {@Threei}  valid still
01[10:54] {@Threei}  not my day
[10:56] {ese} L FLML. get this .99999999
[10:56] {ese} opps put one to many 9's
[10:57] {ese} no can't count...2 too many only six
[11:00] {RonS} flml living up to name?  stated by a guy named Mel and now flamed...
[11:02] {dino} tight mkt range
[11:02] {RonS} hey ese...
[11:04] {RonS} ...went from 9'er to neiner i guess...
[11:04] {dino} lods
01[11:05] {@Threei} Long Setup:  VXX  .70 break
01[11:05] {@Threei}  If holds  .60
01[11:07] {@Threei}  1:1
01[11:09] {@Threei}  1:2
[11:12] {ese} ya
[11:13] {ese} my meager figuring puts a price tag somewhere between 21.00 to 24.00 bills with flml
01[11:16] {@Threei} Long Setup:  VXX  .80 break
[11:18] {dino} }????????
01[11:18] {@Threei}  valid
[11:18] {dino} ese????
01[11:18] {@Threei}  If holds  .70
[11:18] {dino} are you starting to use fundamentals?????
01[11:19] {@Threei}  he is infirm in his beliefs, dino
[11:19] {ese} I know I know........I won't let it happen again
06[11:20] * dino slaps ese around a bit with a large trout
[11:20] {dino} didn't want to, but you left me no choice
[11:21] {ese} phewwwww...thank you I needed that
[11:21] {dino} knock some sense into you
06[11:21] * @Threei hands dino large salmon, steelhead trout and average-sized halibut, providing wide slapping choices
[11:22] {dino} ty
01[11:22] {@Threei}  no go
[11:23] {ese} lol
[11:24] {ese} phew....nothing from the crab traps.....that would have been deadly
[11:29] {ese} am outta here but am gonna leave you with this: https://www.youtube.com/watch?v=c9bJJNUdXEs
[11:30] {ese} check out the tune.....one of the top five most played Canadian songs all time
[11:31] {ese} and the band in particular the women....is coming to see my kids and clinic us on the song ......we learned it for her last monday
01[11:34] {@Threei} Short Setup: DAL  .60 break
01[11:34] {@Threei}  If holds  .70
01[11:37] {@Threei}  no go
01[11:38] {@Threei}  rinse... grrr
[11:52] {nemo} chop city
01[11:52] {@Threei}  somg dal
[11:52] {dino} whoa flml
[11:52] {dino} 12 bucks -6+
[11:52] {dino} see what ese fundamentals get you
[11:53] {dino} 07 fast red scroll
[11:56] {dino} flml sm l .06
[11:56] {dino} stop is b/lod
[12:04] {dino} fb holds well
01[12:05] {@Threei} Long Setup:  GB  .40 break
01[12:05] {@Threei}  If holds  .30
01[12:05] {@Threei}  FB
[12:05] {dino} tfm, vdsi strong
[12:05] {dino} fete too
[12:05] {dino} feye
01[12:06] {@Threei}  Invalidated
[12:10] {JoebiWan} out flml +.71 ty dino
01[12:11] {@Threei}  wtg
[12:11] {dino} yw, wtg
[12:11] {dino} using the force i see
01[12:11] {@Threei}  frikin DAL
01[12:12] {@Threei}  1:3
[12:14] {dino} out flml .85, +.79
[12:18] {JoebiWan} gdx look short to you?
[12:18] {nemo} chop city
01[12:18] {@Threei}  yes
01[12:19] {@Threei}  but how many of my visions came to reality tiday? :)
[12:19] {nemo} spelling definitely not better
01[12:20] {@Threei}  than whose?
[12:20] {nemo} my 7 year old niece
[12:23] {dino} market drop from yesterdays highs 400+, and today.
[12:24] {dino} say another 300???
01[12:26] {@Threei}  if breaks down, easy
[12:28] {JoebiWan} half out gdx
01[12:29] {@Threei}  wtg
[12:47] {nemo} WFC
[12:51] {JoebiWan} 1/4 more
[13:06] {JoebiWan} out on trail
01[13:06] {@Threei}  good one
[13:06] {JoebiWan} ty
01[13:08] {@Threei}  Business Insider: The euro is back below its 1999 launch value
[13:09] {RonS} boo hoo
01[13:09] {@Threei} Long Setup:  VXX  .07 break
01[13:09] {@Threei}  If holds  36
01[13:10] {@Threei}  come on SPY, break down and die
[13:11] {dino} out cybr ,30, +.48
[13:11] {JoebiWan} gj
[13:12] {dino} took all day, but wth
01[13:13] {@Threei}  half out
01[13:14] {@Threei}  1:1
[13:21] {RonS} hope ese isn't in flml  hearing patent lawsuit loss now
[13:22] {RonS} ...might affect fundamntals  :)
[13:22] {RonS} +e
01[13:22] {@Threei}  lol
[13:33] {dino} well theres the -300
[13:43] {RonS}  Flamel Technologies(FLML) today learned the U.S. Food and Drug Administration (FDA) has approved Fresenius Kabi's New Drug Application (NDA) for neostigmine methylsulfate, a drug which Flamel(FLML) currently markets as Bloxiverz.
[13:43] {RonS} The Company is in discussions with regulatory and legal counsel to evaluate options that will minimize the potential competitive impact of Fresenius Kabi's NDA approval. An update will be provided to shareholders as more information becomes available.
01[13:44] {@Threei} Short Setup: FB  .25 break
01[13:44] {@Threei}  If holds  .35
01[13:47] {@Threei}  sigh
[14:02] {dino} thought i saw jazz pharm also something on flml
[14:05] {nathan} good afternoon
[14:08] {dino} nathans' famous
[14:08] {nathan} me?
[14:08] {dino} hotdogs
01[14:08] {@Threei}  hey nathan
[14:08] {nathan} :-)
[14:08] {dino} knop drop
[14:10] {nathan} how was the morning?
01[14:11] {@Threei}  not mine
01[14:13] {@Threei} Long Setup:  IWM  .90 break
01[14:13] {@Threei}  late...
01[14:14] {@Threei}  grrrrr
[14:14] {RonS} crude to 47
01[14:15] {@Threei}  somewhere in Kremlin Putin does the rain dance
01[14:16] {@Threei}  crap... 1:4
01[14:16] {@Threei}  with no single pullback
01[14:18] {@Threei} Long Setup:  FB  .55 break
01[14:18] {@Threei}  If holds  .45
01[14:19] {@Threei}  1:1
[14:24] {nemo} VXX
[14:24] {nemo} 45 break
[14:24] {nemo} .45
[14:24] {dino} w/ya fb
[14:25] {nemo} got 1:1 but u had to be quick
01[14:27] {@Threei}  held well FB
01[14:27] {@Threei}  let's go now
[14:28] {dino} out fb .68,
[14:28] {dino} +.12
[14:29] {dino} dp, 3i trade i take at least 1k shares, so smaller moves
[14:29] {RonS} crude 48.72
[14:31] {dino} tna sm l .63
[14:31] {nemo} closer to a short dino
[14:31] {dino} thx
[14:31] {nemo} look at that run
[14:32] {dino} out tna .93, +.30
[14:32] {nemo} Weekly Pivot 116.93 IWM
[14:33] {dino} nemo, could be in for reverse of yesterday,and go green
01[14:33] {@Threei}  1:2
[14:33] {dino} that would fool most
[14:33] {nemo} we're due for a bounce for a day or two, point is that was a helluva IWM run with no pullback
[14:33] {dino} already bounced 150 pts
[14:33] {nemo} see TNA now
[14:33] {dino} understood
[14:34] {nemo} vwap test likely
[14:40] {RonS} fcx mine becomes yours
[14:40] {dino} blood mine
[14:40] {dino} their buy of the oil company was timed seriously bad
[14:41] {dino} flml sm l .90
[14:41] {RonS} copper dropped overnight in China by 6.5%
[14:41] {dino} add what oils been doing to that and fcx in a world of sh#t
[14:47] {dino} out flml .35, +.45
[14:47] {RonS} gj
[14:47] {JoebiWan} nice
[14:47] {dino} ty
[14:47] {dino} oulp type
[14:47] {dino} pulp
[14:48] {RonS} ya well, if ese held he oulped...
[14:48] {dino} hope ese didn't hold that
[14:48] {dino} his last post said he thought 21 on it
[14:50] {RonS} crude almost hit 49, now 48
[14:50] {nemo} profit taking...they've made so much money they don't care
01[14:53] {@Threei}  no kidding
01[14:53] {@Threei}  100% in 6 months
[14:56] {nemo} o.k. dino that TNA was luck
[15:00] {dptl} gn all see ya tomorrow
01[15:09] {@Threei} Short Setup: FB  .30 break
01[15:09] {@Threei}  If holds  .40
01[15:10] {@Threei}  1:1
[15:25] {nemo} look @ crude futures...wow
01[15:27] {@Threei} Long Setup:  IWM  .90 break
01[15:27] {@Threei}  If holds  .80
01[15:29] {@Threei}  1:1
01[15:30] {@Threei}  1:2
01[15:30] {@Threei}  (close enough)
01[15:31] {@Threei}  stop .94 for the last piece
01[15:32] {@Threei}  closed
01[15:34] {@Threei} Long Setup:  IWM  .80 break
01[15:34] {@Threei}  If holds  .70
01[15:36] {@Threei}  Invalidated
01[15:38] {@Threei}  got away
01[15:38] {@Threei}  ok guys, considering how the day goes, let me finish on that 1:2
01[15:38] {@Threei}  thank you all, have a good evening
01[15:38] {@Threei}  see you tomorrow