Tuesday, January 27, 2015

Jan 27 2015

Uneven day, back and forth trading with a few good trades more or less compensating lack of reliable read. Ending slightly negative nonetheless.

Session Time: Tue Jan 27 00:00:00 2015
[08:48] {JoebiWan} gm
01[08:48] {@Threei}  jw :)
01[08:55] {@Threei}  is east coast still there?
[08:56] {JoebiWan} gosh, i hope so
01[09:07] {@Threei}  looks like :)
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
[09:09] {RonS} hello...NYSE Says Rule 48 Invoked For Market Open
01[09:09] {@Threei}  ron :)
[09:10] {RonS} ...but is it from outer space?
[09:10] {RonS} Rule 48, a rarely-used rule that allows the NYSE to suspend the requirement to disseminate price indications at the open.
[09:10] {nemo} Well at least they didn't give order 66
01[09:10] {@Threei}  lol
[09:11] {nemo} wtf...the storm largely missed NYC
[09:12] {RonS} from snowmageddon to snowmagone...
[09:12] {nemo} where all the children are above average
[09:13] {nemo} can you tell I was ingesting anti-freeze on a continuous basis last night
[09:14] {RonS} dino, PH beat and raised
[09:14] {RonS} cat skinned
01[09:21] {@Threei}  serious beating futures take
[09:22] {nemo} oh jeez...he's slipping back into his yoda vernacular
[09:22] {RonS} lol
[09:22] {RonS} perfect
01[09:23] {@Threei}  excuse me? "slipping back he is!"
[09:23] {nemo} hope they do invoke rule 66
[09:23] {JoebiWan} lol
[09:23] {RonS} will bite...what is it?
[09:23] {nemo} the rule to wipe out the Jedi
[09:24] {RonS} ah
[09:27] {dino} ok
[09:28] {cosmo} that's rule 86 i thought
[09:29] {nemo} 66  add one more six...duh
[09:29] {nemo} 666
[09:29] {nemo} number of....?
[09:29] {nemo} cosmo has been ingesting his namesake methinks
[09:30] {cosmo} a namesake?
01[09:31] {@Threei}  (GR) Eurogroup's Dijsselbloem: There is no support for writing off Greece debt
[09:31] {nemo} look up the "cosmopolitan"
01[09:31] {@Threei}  wow... not everyone made it in the room this morning, storm or not :)
[09:31] {cosmo} ah
[09:31] {nemo} probably more the "or not"
01[09:31] {@Threei}  (UR) Russsia Govt officials: Situation in Ukraine has deteriorated \
[09:32] {dino} fxe
01[09:32] {@Threei}  duh
[09:32] {nemo} Shit, I'm in the frickin' storm's bullseye and I'm here...so far
01[09:32] {@Threei} Long Setup:  IWM  .10 break
01[09:32] {@Threei}  If holds  118
[09:32] {cosmo} too stormy out...stay home and trade....
01[09:32] {@Threei}  no go
[09:33] {dino} why the big drop?
01[09:34] {@Threei}  Europe... MSFT...
01[09:34] {@Threei}  snow...
[09:35] {nemo} 202.63 S3 on spy
[09:35] {nemo} likely headed at least ther
01[09:37] {@Threei} Long Setup:  MCD  90 break
01[09:37] {@Threei}  If holds  .90
[09:38] {nemo} wow msft on the uptick rule
01[09:39] {@Threei}  1:1
01[09:40] {@Threei}  IWM rinse
01[09:47] {@Threei} Long Setup:  IWM  .30 break
01[09:47] {@Threei}  If holds  .20
01[09:47] {@Threei}  1:1
01[09:49] {@Threei}  bounces are not too convincing
01[09:50] {@Threei}  sorry... "too convincing bounces are not"
01[09:50] {@Threei}  MCD still looks good though
01[09:50] {@Threei}  1:2
01[09:52] {@Threei}  closed last 1/4 on a trail
01[09:57] {@Threei} Long Setup:  VXX  .10 break
01[09:57] {@Threei}  If holds  32
01[09:58] {@Threei}  *(US) JAN RICHMOND FED MANUFACTURING INDEX: 6 V 5E
01[09:59] {@Threei}  Invalidated
01[09:59] {@Threei} Long Setup:  JPM  56 break
01[09:59] {@Threei}  If holds  .90
01[10:00] {@Threei}  *(US) JAN CONSUMER CONFIDENCE: 102.9 V 95.5E
01[10:01] {@Threei}  *(US) DEC NEW HOME SALES: 481K V 450KE
[10:01] {dino} added dfs calls
01[10:01] {@Threei}  1:1  JPM
01[10:03] {@Threei}  looking for VXX entry again
01[10:04] {@Threei}  feels like SPY drop is coming
01[10:04] {@Threei} Long Setup:  VXX  32 break
01[10:04] {@Threei}  If holds  .90
01[10:05] {@Threei}  Invalidated
[10:07] {dino} vdsi sm l .35
01[10:11] {@Threei} Long Setup:  FB  .50 break
01[10:11] {@Threei}  If holds  .40
[10:11] {nemo} this is vwap for fb could be two way
01[10:12] {@Threei}  I wouldn't short it here
01[10:12] {@Threei}  change to .40 break long
01[10:12] {@Threei}  If holds  .30
01[10:13] {@Threei}  1:1
[10:15] {nemo} 1 bar early
[10:18] {nemo} AAPL reports after the close
[10:18] {dptl} gm
01[10:20] {@Threei}  dp dug out of east coast snow?
[10:21] {dptl} :) yeah
[10:21] {dino} ph sm l .05
01[10:23] {@Threei} Long Setup:  VXX  .05 break
01[10:24] {@Threei}  If holds  .95
01[10:24] {@Threei}  let's crash, SPY
01[10:25] {@Threei}  what are you, stupid? don't understand which way is crash?
01[10:25] {@Threei}  no go
[10:26] {dino} out ph, .50, +.45 ty ron
[10:26] {RonS} np
[10:29] {nemo} couldn't push through the low, could test the other side of the range if we can get above 203
01[10:30] {@Threei}  somg
01[10:30] {@Threei}  double somg
01[10:34] {@Threei} Short Setup: DAL  .50 break
01[10:34] {@Threei}  If holds  .60
01[10:37] {@Threei}  stop to .56
[10:37] {nemo} aapl bounce
[10:38] {nemo} if aapl drops the low indexes should follow
[10:38] {nemo} however this was S4 on appl...that's a stretch
01[10:38] {@Threei}  if that bid at .42 gives in, DAL is so dead
[10:39] {nemo} early support at .43, vwap just below .40
[10:39] {nemo} oil flat
01[10:40] {@Threei}  1:1
01[10:41] {@Threei}  1:2
01[10:41] {@Threei}  those huge bids or offers act like magnets
01[10:44] {@Threei}  1:3
01[10:44] {@Threei}  somewhat makes up for that disgusting VXX rinse
[10:45] {JoebiWan} nice ty
01[10:45] {@Threei}  yw
01[10:46] {@Threei}  a few wins in the morning, but this one is the nicest so far
[11:08] {RonS} ph trying for green...thinking if holds 122 will run to 124-5
[11:17] {dino} damn, should've held
[11:18] {RonS} How many companies are going to beat and raise this quarter?  lol...this could be the only one...
01[11:18] {@Threei} Short Setup: MCD  .75 break
01[11:19] {@Threei}  If holds  .83
01[11:24] {@Threei}  1:1
01[11:39] {@Threei} Long Setup:  CCL  .10 break
01[11:40] {@Threei}  If holds  .05
[11:42] {nemo} sheesh...XOP was the play
[11:44] {nemo} http://goo.gl/XziXEu
01[11:58] {@Threei}  meh
01[12:06] {@Threei}  The West sees a winter heat wave, while the East braces a blizzard
01[12:06] {@Threei}  looks like one coast has half-global warming, another - cooling
01[12:08] {@Threei} Short Setup: MACD  .60 break
01[12:08] {@Threei}  MCD
01[12:08] {@Threei}  If holds  .70
[12:08] {nemo} hahahahahaha
[12:08] {nemo} short the crossover
[12:08] {nemo} aapl probably short below .45
[12:09] {nemo} holds .60
[12:11] {nemo} stop to .56
[12:11] {RonS} did hell freeze over?  BREAKING: Obama proposes offshore oil drilling from Virginia to Georgia
[12:11] {nemo} yeah, well he proposed to make Alaska off limits a coupla days ago
01[12:11] {@Threei}  Invalidated
01[12:12] {@Threei}  he just picked the spot with no oil?
[12:13] {nemo} out
[12:14] {nemo} shit ticked out
[12:25] {dino} added dia calls
01[12:27] {@Threei}  watching IWM for long on pullback
01[12:45] {@Threei} Long Setup:  IWM  .80 break
[12:49] {nemo} btw the movie "Fury" worth watching
01[12:49] {@Threei}  Invalidated
[12:52] {nemo} "A walk among the Tombstones" also
[12:54] {nemo} so, we didn't get the high winds they were predicting, and the snow is pretty light so far, but we've got over 2 feet
[12:55] {dino} only 8" snow here, got lucky, but cold
[12:56] {nemo} yeah, we're supposed to enter into a cold period that rivals any in the past 40 years...global warming
[12:56] {nemo} we have had 3 years in a row of sub "normal" temperatures through all seasons
01[12:57] {@Threei}  55F here...
[12:57] {nemo} yeah, well you have palm trees in your back yard
[12:57] {RonS} 62 here
01[12:57] {@Threei}  and rhododendrons
[12:58] {dino} same here nemo, 3 years of record breaking cold
01[12:58] {@Threei}  and 2 fig trees
[12:58] {nemo} we didn't even have three days in a row of 90f this year
[12:58] {nemo} o.k. palm trees nearby
[12:58] {dino} last year broke some 80 year old record, most consequtive days under 10 f
[12:58] {RonS} ya, 1000 mi south
[12:58] {nemo} no, they have palm trees on Victoria Island Ron
[12:59] {RonS} fir palms
[12:59] {nemo} douche
[12:59] {nemo} SPY breaks the morning high, lookout
01[13:02] {@Threei}  [FB] Introduces new feature to allow tracking of impact of ad campaigns on user behavior
[13:03] {nemo} how are they going to tell when I put my fist through the monitor
01[13:03] {@Threei}  does it mean my habit to eat smoked turkey leg after reading ad for shave cream will be known to Gillet now??
[13:04] {nemo} Gillette...they're headquartered in Boston
[13:04] {nemo} or were
[13:05] {nemo} funny story, a buddy of mine's grandfather had the patent on the safety razor and sold it to Gillette
01[13:05] {@Threei} Short Setup: MCD  90 break
01[13:06] {@Threei}  If holds  .10
[13:14] {nemo} XOP bottoming
01[13:14] {@Threei}  no go
[13:26] {nemo} XOP again
[13:26] {dino} out dia calls from earlier, +.37 / 22%
[13:27] {dino} vdsi to .66
[13:32] {nemo} VXX bounces 29ish
[13:32] {nemo} .20ish
01[13:34] {@Threei} Long Setup:  IWM  119 break
[13:36] {dptl} gn see ya tomorrow all
01[13:36] {@Threei}  take care dp
01[13:42] {@Threei}  Invalidated
[13:42] {JoebiWan} ? it went to 119.03
[13:42] {nemo} yeah, but spy finnies and XOP weak
[13:43] {nemo} that was likely the top
[13:50] {dino} vdsi to .79
01[13:51] {@Threei}  it did? I must have slept through it
01[13:51] {@Threei}  yeah, you are right
[13:52] {RonS} wwe backflip
01[13:53] {@Threei}  not delighted by today, not getting rhythm right
[13:53] {RonS} missing the drummer boy eh?
[13:54] {RonS} pii unreal
[13:55] {dino} out vdsi .76, +.41
[13:55] {RonS} gj
[13:56] {nemo} SPY bounce point
[13:56] {dino} ty
[13:56] {dino} omer drop
[13:57] {nemo} omer pyled
[13:58] {nemo} I ronned myself
01[13:58] {@Threei}  8 news headlines per hour
01[13:58] {@Threei}  this is slower than on weekend
[13:58] {RonS} lol
[13:58] {nemo} shit...nothing about the Kardashian's
01[13:58] {@Threei}  no
01[13:58] {@Threei}  sorry
[13:58] {nemo} ...if ever there was a sign of the Apocalypse
01[13:59] {@Threei}  maybe this will compensate:
01[13:59] {@Threei}  - President Obama and the new Saudi Arabia King today discussed energy and stability of the oil market but did not discuss oil prices
01[13:59] {@Threei}  agree, this is not much worse than Kardashian
[13:59] {RonS} grocery checkout headline:  My Butt Implant Broke...
[14:03] {nemo} EBAY
[14:13] {RonS} this was tweeted w/ a picture...too funny:  Racing camels now have full body suits to help them go faster, I'm out
01[14:13] {@Threei}  http://dailyhealthpost.com/gut-bacteria-lose-weight/
01[14:17] {@Threei}  IWM, again
01[14:18] {@Threei}  119 break
01[14:19] {@Threei}  and this one should be 1:3er
01[14:19] {@Threei}  SPY chart totally looks like breakout and run
01[14:19] {@Threei}  .20 is a good magnet to reach and break
01[14:20] {@Threei}  1:1
01[14:21] {@Threei}  1:2
01[14:21] {@Threei}  jw, consider it an apology for missed break and stop last time around :)
[14:22] {JoebiWan} lol ok
[14:25] {RonS} New Greek finance minister thinks the euro is like Hotel California: "You can check out, but you can never leave" http://bloom.bg/1CKeOXm
[14:25] {RonS} lol...You know a record blizzard didn't live up to expectations when my Canned Air for the keyboard is an effective snow-blower
01[14:26] {@Threei}  he must have read our room... we cited that analogy many times over last few years
[14:29] {nemo} VXX
[14:30] {nemo} long .21
[14:30] {nemo} stop under .15
01[14:32] {@Threei}  out on a trail
[14:32] {nemo} 1:1
[14:33] {nemo} market gonna' be sketchy because of aapl earnings tonight and FED tomorrow
[14:33] {nemo} stop to .18
01[14:34] {@Threei}  [TRP] (US) Senate Majority Leader McConnell (R-KY): Would like to finish with the legislation on the Keystone XL pipeline by the end of the week
[14:35] {nemo} if VXX can consolidate, will creat another long entry here
[14:36] {nemo} must hold .25
01[14:36] {@Threei}  AAPL Apple Pay coming to vending machines and parking meters
[14:37] {nemo} should
[14:37] {nemo} and a hooker near you
[14:37] {nemo} vxx invalidated
01[14:37] {@Threei}  this will be very interesting to see, whether president tries to veto keystone and how it plays out
[14:39] {cosmo} The pipeline should carry finish product from the Alberta refinery
[14:39] {cosmo} finished
[14:43] {nemo} bottom of spy channel
01[14:48] {@Threei} Short Setup: MCD  .97 break
01[14:48] {@Threei}  If holds  .05
[14:49] {cosmo} CAT could come back
01[14:49] {@Threei}  they usually do
01[14:49] {@Threei}  if fed properly
[14:50] {cosmo} money in this case
[14:50] {cosmo} watching 80
[14:53] {nemo} msft long, sorry late
[14:54] {nemo} youch
[14:55] {nemo} out below .90
01[14:57] {@Threei}  1:1
[14:57] {nemo} wow they're trying to pulverize msft
[14:58] {RonS} throw it out the window?
01[14:58] {@Threei}  who could blame them
01[14:59] {@Threei}  if you set to find MSFT hater, you won't in all likeliness have to leave your cul-de-sac
[15:00] {cosmo} I'm on a one way cul-de-sac
[15:01] {cosmo} once you're in, you're in for good...
01[15:03] {@Threei}  hotel california? :)
01[15:03] {@Threei}  aka, EU
[15:06] {cosmo} David Gilmore: "There's no way out of here"
[15:10] {nemo} wow, this might actually work
[15:10] {nemo} aapl should short cover into the close
[15:14] {nemo} out msft
[15:15] {nemo} they just keep piling up the offers
01[15:15] {@Threei}  https://www.facebook.com/anton.gerashchenko.7/posts/801351619951687
01[15:15] {@Threei}  1:2  MCD
[15:17] {RonS} wwe breaking the shorts backs
[15:17] {RonS} +'
01[15:18] {@Threei}  hmmm
01[15:18] {@Threei}  OK... I guess I have no right to judge {G}
01[15:21] {@Threei}  1:3
01[15:21] {@Threei}  out
[15:21] {JoebiWan} gj
[15:21] {RonS} a beaut gj
01[15:22] {@Threei}  ty
[15:24] {RonS} ma so old here can rember McDonalds hamburgers at 8 for $1
[15:24] {RonS} am
[15:27] {RonS} ...no Big Macs in those days
[15:29] {RonS} hmmm baba runing into earnings...aapl selling off
[15:30] {RonS} and typing has gone all to hell
01[15:30] {@Threei}  what else is new
01[15:45] {@Threei}  if IWM pulls back qyickly, may get one more trade out of it
[15:45] {nemo} once aapl and FED clear the decks, things shold loosen up
01[15:48] {@Threei} Long Setup:  IWM  . 65 break
[15:48] {nemo} dino....mbly will be very interesting tomorow
01[15:48] {@Threei}  If holds  .55
[15:49] {RonS} mbly hearing 204 mil sh unlocked
[15:49] {nemo}  {nemo} dino....mbly will be very interesting tomorow
[15:49] {nemo} duh
01[15:50] {@Threei}  nah
01[15:50] {@Threei}  spotty read by me today
[15:51] {nemo} as I said...aapl reporting FED tomorrow
[15:51] {nemo} cloudy day
01[15:55] {@Threei}  ok... let's see what we can squeeze out of tomorrow's morning
01[15:55] {@Threei}  have a good evening!
[15:57] {dino} gn