Tuesday, January 20, 2015

Jan 20 2015

A lot of back and forth, whole day, ending slightly positive thanks to winners being much larger than stops, anywhere from 1:3 to 1:5.


Session Time: Tue Jan 20 00:00:00 2015
[08:33] {JoebiWan} gm
[08:42] {dino} gm
01[08:47] {@Threei}  jw, dino :)
[09:02] {RonS} gm outr breeched
01[09:03] {@Threei}  ron :)
[09:06] {RonS} expr written off
01[09:06] {@Threei}  lol
[09:17] {dptl} gm
01[09:18] {@Threei}  dp :)
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -SWHC +10% (Q3 & FY15 guidance - FY15 guided higher than previous)
01[09:24] {@Threei}  -ALTV +9% (announced hiring of advisor to evaluate alternatives to enhance shareholder value)
01[09:24] {@Threei}  -UNIS +5.4% (announced agreement with ABBV for supply of injectable drug delivery systems)
01[09:24] {@Threei}  -ABX +4% (gold increasing in price, NEM & GG also up 3% on the increase)
01[09:24] {@Threei}  -MOS +3.8% (Q4 guidance)
01[09:24] {@Threei}  -MTG +3.2% (earnings)
01[09:24] {@Threei}  -DAL +3.2% (earnings)
01[09:24] {@Threei}  -RGR +3% (momentum from SWHC news)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -EXPR -13.5% (termination of discussions with Sycamore Partners)
01[09:24] {@Threei}  -OUTR -11% (CEO stepping down, narrowing Q4 EPS & Rev estimates)
01[09:24] {@Threei}  -RF -3% (earnings)
01[09:24] {@Threei}  -YNDX -2.9% (negative broker commentary)
01[09:24] {@Threei}  -EDU -2.3% (earnings)
01[09:24] {@Threei}  -MS -2.2% (earnings)
01[09:31] {@Threei} Long Setup:  IWM  .80 break
01[09:31] {@Threei}  If holds  .70
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
[09:35] {nemo} rug pull
01[09:37] {@Threei} Long Setup:  MCD  .65 break
01[09:37] {@Threei}  If holds  .55
01[09:39] {@Threei}  no go
[09:43] {nemo} see if iwm can get back to vwap be a good short area
01[09:44] {@Threei} Long Setup:  IWM  .50 break
01[09:44] {@Threei}  If holds  .40
01[09:44] {@Threei}  1:1
01[09:45] {@Threei}  1:2
01[09:48] {@Threei}  interesting hoqw IWM is stronger than SPY
01[09:49] {@Threei}  makes it prime candidate for bounce trades
01[09:49] {@Threei} Long Setup:  IWM  .45 break
01[09:49] {@Threei}  If holds  .35
01[09:50] {@Threei}  Invalidated
[09:50] {nemo} I think the fecal matter is hitting the ventilator
01[09:53] {@Threei}  watching DAL for long entry
01[09:53] {@Threei} Long Setup:  DAL  .50 break
01[09:53] {@Threei}  If holds  .40
01[09:54] {@Threei}  ugh
01[09:54] {@Threei}  no go
[09:55] {nemo} can't get above vwap
01[09:57] {@Threei} Long Setup:  IWM  116 break
01[09:58] {@Threei}  If holds  .90
[09:59] {nemo} numbers
01[10:00] {@Threei}  *(US) JAN NAHB HOUSING MARKET INDEX: 57 V 58E
01[10:01] {@Threei}  no go
01[10:02] {@Threei}  feels like SPY found the bottom
01[10:03] {@Threei} Long Setup:  MCD  .05 break
01[10:04] {@Threei}  If holds  .95
[10:07] {nemo} BBBY
01[10:07] {@Threei}  1:1
01[10:08] {@Threei}  1:2
01[10:09] {@Threei}  1:3
01[10:09] {@Threei}  out
01[10:23] {@Threei} Long Setup:  JPM  .10 break
01[10:23] {@Threei}  If holds  56
01[10:27] {@Threei}  no go
[10:30] {dino} uthr smr s .24
[10:32] {dino} bs is .51
[10:33] {RonS} bs happens tonight...
01[10:33] {@Threei} Short Setup: WMT  .35 break
01[10:33] {@Threei}  If holds  .45
01[10:35] {@Threei}  1:1
[10:36] {dino} cov uthr .63, +.61
[10:37] {JoebiWan} .56 here dino, ty
01[10:37] {@Threei}  wtg
[10:37] {dino} yw, gj
[10:37] {nemo} DAL
01[10:40] {@Threei}  1:2
01[10:41] {@Threei}  stop .21
01[10:41] {@Threei}  touched 1:3 for a sec
01[10:41] {@Threei}  to .16 now
01[10:42] {@Threei}  1:3
01[10:42] {@Threei}  out
[10:42] {JoebiWan} gj
01[10:42] {@Threei}  ty
[10:44] {nemo} GDX
[10:48] {RonS} sap 'ed
01[10:59] {@Threei} Long Setup:  MCD  .90 break
01[10:59] {@Threei}  If holds  .80
01[11:00] {@Threei}  twi-sided
01[11:00] {@Threei}  i=o
01[11:06] {@Threei}  no go
01[11:25] {@Threei} Long Setup:  IWM  .70 break
01[11:25] {@Threei}  If holds  .60
01[11:25] {@Threei}  Invalidated
[11:26] {dino} lyb sm l .03
[11:31] {dino} out lyb .33, +.30
[11:32] {dino} brb
01[11:32] {@Threei}  IWM valid again
01[11:34] {@Threei}  invalidated again
01[11:35] {@Threei} Long Setup:  WMT  86 break
01[11:35] {@Threei}  If holds  .90
01[11:40] {@Threei}  Invalidated
01[11:40] {@Threei} Long Setup:  VXX  .80 brteak
01[11:41] {@Threei}  If holds  .70
01[11:41] {@Threei}  1:1
01[11:45] {@Threei}  1:2
01[11:46] {@Threei}  1:3
[11:47] {JoebiWan} ty vad
01[11:47] {@Threei}  1:5
01[11:48] {@Threei}  out
01[11:48] {@Threei}  yw
01[11:48] {@Threei}  China's role as a world growth engine has been fading, and the +7.4% total GDP gain in 2014 was lowest in 24 years.
01[11:48] {@Threei}  lol
01[11:49] {@Threei}  Crude and natural gas prices are lower in US trading, with WTI around $46.70 while natural gas is giving up last week's cold-snap gains
[12:01] {nemo} BABA
[12:16] {nemo} http://goo.gl/PBqry  you'll need time to read this
[12:20] {nemo} vxx
01[12:20] {@Threei} Long Setup:  NBL  .75 break
01[12:20] {@Threei}  If holds  .65
01[12:34] {@Threei}  no go
01[12:38] {@Threei} Long Setup:  BWA  .40 break
01[12:38] {@Threei}  If holds  .30
01[12:40] {@Threei}  stop .34
01[12:42] {@Threei}  1:1
01[12:43] {@Threei}  1:2
01[12:51] {@Threei}  1:3
01[12:51] {@Threei}  funny day
01[12:51] {@Threei}  constant back and forth
01[12:51] {@Threei}  thank goodness winners are much larger
[13:14] {nathan} hi all
01[13:14] {@Threei}  hey nathan
[13:15] {nathan} hope u had a great morning
01[13:15] {@Threei}  uneven but positive
01[13:19] {@Threei} Long Setup:  NBL  .65 break
01[13:19] {@Threei}  If holds  .55
01[13:22] {@Threei}  ugh... BWA was worth another entry, on pullback and recross of .60
01[13:26] {@Threei}  nathan, look private message pls
[13:34] {nemo} VXX
[13:35] {nathan} have fun guys! hope to c u soon
[13:40] {dino} oww spike
[13:40] {dino} halt
01[13:40] {@Threei}  OWW Said to be working with advisors following interest from PE firms
[13:52] {RonS} Salix Pharmaceuticals Exploring Options, Including Potential Sale -Reuters
01[13:53] {@Threei}  NFA reportedly considering adjusting leverage standards for retail FX trading in light of recent SNB moves on the Franc floor
[13:53] {RonS} ...value added...
01[13:53] {@Threei}  ph no... stupid gamblers won't be able to trade commissions-free with 1:100 margin on fake quotes in non-existing market??
01[14:00] {@Threei}  frikin NBL
01[14:00] {@Threei}  rinsed
01[14:03] {@Threei}  lol Ron... I just learned about state of the union tonight and understood your earlier remark
01[14:03] {@Threei}  [10:32] {dino} bs is .51
01[14:03] {@Threei}  [10:33] {RonS} bs happens tonight...
01[14:04] {@Threei}  see, I am not hopeless, I just lack point of reference sometimes
[14:07] {RonS} ya, easy to miss when not in US
[14:10] {dino} lol
[14:16] {JoebiWan} hal short?
01[14:16] {@Threei}  can't tell
01[14:19] {@Threei}  long seems to be more likely
01[14:32] {@Threei} Long Setup:  SWHC  .75 break
01[14:32] {@Threei}  Invalidated
01[14:53] {@Threei} Long Setup:  VXX  .75 break
01[14:53] {@Threei}  If holds  .65
01[14:59] {@Threei}  no go
01[15:02] {@Threei}  rinse...grrr
[15:03] {dino} outr sm l .83
[15:04] {nemo} they're holding this market of for the SOTU and Draghi on Thursday
[15:05] {dino} yeah, feels dead
[15:07] {nemo} think vxx works now
[15:08] {nemo} well, maybe not
01[15:08] {@Threei}  probably up
[15:09] {nemo} SPY walking the topside of a channel
[15:10] {dino} outr no go, stopped
01[15:11] {@Threei} Long Setup:  IWM  .45 break
01[15:11] {@Threei}  If holds  .35
01[15:15] {@Threei}  Victoria has the second least affordable market in Canada and the 34th least affordable market in the world.
[15:16] {nemo} and some nasty inhabitants
[15:16] {RonS} lol
[15:16] {nemo} that was too easy
[15:16] {nemo} VXX
01[15:16] {@Threei}  that we have
01[15:17] {@Threei}  and one crazy mayor
01[15:17] {@Threei}  which is about to compete with rob ford
[15:17] {nemo} and that frickin' musician
[15:17] {RonS} not really true...nicer there than any town i have been to in the US
01[15:17] {@Threei}  1:1
[15:19] {dino} i hear the shis-ka-bob in victoria is pretty good
01[15:19] {@Threei}  our population is so left, the only right wing politician won 3 elections in a row purely on left wing 3-party vote split
[15:19] {RonS} that is hilarious
01[15:19] {@Threei}  and totally true
[15:19] {nemo} you have nothing on Cambridge
01[15:20] {@Threei}  He served in the House of Commons from 1997 to 2011, first as a member of the Reform Party of Canada and subsequently as a member of the Canadian Alliance and the Conservative Party of Canada.
01[15:22] {@Threei}  actually he won 5 elections, 2 of them with less then 40%
[15:23] {RonS} if he was O would claim actually got 50%+ if counted those who did not vote...
01[15:25] {@Threei} Long Setup:  DAL  49 break
01[15:25] {@Threei}  If holds  .90
[15:26] {dino} lol ron
01[15:26] {@Threei}  since this is big news week as nemo puts it, going to change strategy to predominantkly DKTK plays starting tomorrpw
[15:27] {dino} deck booted
[15:27] {nemo} poor dino
[15:28] {nemo} all I can say to that is, "Ugg!"
[15:28] {dino} i know, i tried and i shouldn't have
[15:28] {nemo} mmmhhhhhh....crickets
01[15:30] {@Threei}  1:1
[15:36] {dptl} gn all see ya tomorrow
[15:37] {dino} gn dp
01[15:37] {@Threei}  1:2
01[15:38] {@Threei}  take care dp
[15:40] {pamsv} thanks - gn!
01[15:40] {@Threei}  you too pam
01[15:51] {@Threei}  ok, closed last play
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorrow