Friday, January 30, 2015

Jan 30 2015

Another strong day to finish the month, with many nice juicy trades, 1:3 and 1:5s here and there.

Session Time: Fri Jan 30 00:00:00 2015
[09:03] {JoebiWan} gm
01[09:03] {@Threei}  jw :)
[09:09] {dino} gm
01[09:09] {@Threei}  dino :)
[09:09] {RonS} hello dudes
01[09:10] {@Threei}  ron :)
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -ICPT +26% (received breakthrough therapy designation from FDA for Obeticholic Acid for Nonalcoholic Steatohepatitis)
01[09:28] {@Threei}  -SYNA +15% (earnings)
01[09:28] {@Threei}  -IMGN +14% (earnings)
01[09:28] {@Threei}  -AMZN +13% (earnings)
01[09:28] {@Threei}  -QLGC +9% (earnings)
01[09:28] {@Threei}  -BIIB +5.6% (earnings)
01[09:28] {@Threei}  -MA +4.5% (earnings)
01[09:28] {@Threei}  -MTW +4.5% (earnings)
[09:28] {RonS} $ha laughing no more
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -DECK -16% (earnings)
01[09:28] {@Threei}  -ALGN -11% (earnings)
01[09:28] {@Threei}  -JDSU -5% (earnings)
01[09:28] {@Threei}  -XRX -3% (earnings)
01[09:28] {@Threei}  -TYC -2.8% (earnings)
01[09:28] {@Threei}  -MAT -1.5% (earnings)
01[09:29] {@Threei}  hmmm... OK, early morning might be a valid excuse ron
[09:30] {dino} good one ron
[09:30] {dptl} gm
01[09:31] {@Threei}  dp :)
01[09:32] {@Threei} Long Setup:  VXX  .60 break
01[09:32] {@Threei}  If holds  .50
01[09:33] {@Threei}  Invalidated
01[09:36] {@Threei} Long Setup:  VXX  .30 break
01[09:36] {@Threei}  If holds  .20
01[09:36] {@Threei}  1:1
01[09:38] {@Threei} Long Setup:  IWM  .55 break
01[09:38] {@Threei}  If holds  .45
01[09:39] {@Threei}  1:1
01[09:43] {@Threei} Long Setup:  FB  .55 break
01[09:43] {@Threei}  change to .50
01[09:43] {@Threei}  If holds  .40
[09:44] {dino} pcar sm l .75
01[09:44] {@Threei}  1:1
01[09:45] {@Threei}  *(US) JAN CHICAGO PURCHASING MANAGER: 59.4 V 57.5E
01[09:45] {@Threei}  1:2
01[09:45] {@Threei}  1:3
[09:48] {dino} pcar stop .46, -.29
[09:50] {RonS} sm l cbi 34.18
01[09:54] {@Threei} Long Setup:  IWM  .60 break
01[09:54] {@Threei}  If holds  .50
01[09:57] {@Threei}  no go
01[10:00] {@Threei}  *(US) JAN FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 98.1 V 98.2E
[10:08] {dino} what am i missing on pcar?
[10:09] {RonS} truck wreck?
01[10:09] {@Threei}  who knows
[10:09] {nemo} that sucked
01[10:09] {@Threei}  these things are never straightforward
[10:09] {JoebiWan} lol
01[10:10] {@Threei} Long Setup:  TWTR  .20 break
01[10:10] {@Threei}  If holds  .10
[10:12] {RonS} jesus shak
[10:12] {dino} pcar sm l .77
[10:15] {dino} wow shak, i should start a fast food chain, call it nemo's
[10:15] {nemo} probably get sued
[10:16] {dino} seems like every burger joint stock rocks
[10:16] {nemo} sign of the market apocalypse
01[10:20] {@Threei} Long Setup:  MCD  .90 break
01[10:20] {@Threei}  If holds  .80
[10:21] {dino} lol talk burgers vad buys ncdonalds
01[10:23] {@Threei}  stock only
01[10:23] {@Threei}  and even that is invalidated
01[10:30] {@Threei}  oh, and your Burger King bought our Tim Hortons... talk about ugly union, I don't know what is more gross
01[10:30] {@Threei}  breakdown or bounce...
[10:30] {dino} i luv the whopper
01[10:33] {@Threei} Long Setup:  IWM  .25 break
01[10:33] {@Threei}  If holds  .20
01[10:34] {@Threei}  1:1
01[10:39] {@Threei} Long Setup:  VXX  35 break
01[10:39] {@Threei}  scalp only most likely
01[10:39] {@Threei}  If holds  .95
01[10:40] {@Threei}  1:1
01[10:40] {@Threei} Long Setup:  FB  .75 break
01[10:41] {@Threei}  If holds  .65
[10:41] {dino} n looking for the 93 area gap
01[10:43] {@Threei}  1:1
[10:45] {dino} spxl sm l .96
01[11:09] {@Threei} Long Setup:  VXX  .10 break
01[11:09] {@Threei}  If holds  35
01[11:10] {@Threei}  should be a runner
01[11:11] {@Threei}  1:1
01[11:12] {@Threei}  1:2
01[11:12] {@Threei}  trying for 1:5 if SPY is kindly losing 200
[11:13] {dino} spxl was stopped
01[11:13] {@Threei}  1:3
01[11:13] {@Threei}  1:4
01[11:13] {@Threei}  stop .34 for the last piece
01[11:15] {@Threei}  closed
[11:18] {dino} added uri calls
01[11:19] {@Threei} Long Setup:  FB  77 break
01[11:19] {@Threei}  If holds  .90
01[11:23] {@Threei}  valid
01[11:27] {@Threei}  1:1
[11:30] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[11:30] {dino} another 6" of snow fell here last night
01[11:30] {@Threei}  yikes
[11:31] {dino} that makes roughly 18" for the week
[11:31] {RonS} dino zzzz...quit watching pcar... lol
01[11:31] {@Threei}  meanwhile my problem is a bit different - grass is gettin a tad too tall, time to mow it... but ground is bit soggy for that. Hmmmm
[11:32] {RonS} goats?
01[11:32] {@Threei}  would be great... none are around though
[11:32] {nemo} buy a couple
01[11:32] {@Threei}  well, there are some two-legged ones as always, sure
01[11:33] {@Threei}  but law frowns upon making them eat grass
01[11:33] {@Threei}  they say slavery is canceled for a while
[11:33] {dino} ron, yeah pcar, i froze that one
[11:34] {dino} 3i, just spray round-up, grass problem solved
01[11:34] {@Threei}  lol
[11:35] {RonS} rains too much dino...not good for waterways...
[11:36] {dino} hmm, them how about artificial turf?
[11:36] {RonS} 3i, i xeriscaped my fron yard and installed a large patio...part of reason was i got tired of the rabbits munching grass to dirt...
[11:37] {RonS} plus that is south side so wanted to be able to sit out in sun of fall and spring when back nort side is still cold...
[11:37] {dino} 3i, the biggest cure for the grass problem, move to a condo, let the association worry about it
01[11:37] {@Threei}  my yard is too large ron
[11:38] {RonS} get a cow...  :)
01[11:38] {@Threei}  I installed a big shed turned gym,
01[11:38] {@Threei}  large gazebo, patio
01[11:39] {@Threei}  put in 5 trees aside of 3 that were there before me
01[11:39] {@Threei}  corner with palm tree and rhododendrons
01[11:39] {@Threei}  a few flowerbeds here and there
01[11:39] {@Threei}  and still have about 2/3 of the yard covered with grass :)
[11:40] {RonS} wow, guess low property taxes there then...
01[11:40] {@Threei}  oh and outdoor kitchen with three grills
01[11:40] {@Threei}  charcoal, propane and smoker
[11:41] {RonS} what i call...covering the bases...
[11:43] {RonS} pcar found reverse gear...
[11:45] {RonS} mrvl spike on takout rumor at $19
[12:05] {nemo} VXX
01[12:06] {@Threei}  - Greece Econ Min Stathakis notes that Greece will remain in the euro. - Reiterates Greece wants to negotiate with European governments, not with the Troika.
01[12:06] {@Threei}  smart guys
[12:06] {dptl} good weekend all see ya monday
[12:06] {RonS} cya dp
01[12:08] {@Threei}  take care dp
[12:11] {dino} cya dp
01[12:17] {@Threei} Long Setup:  FB  .10 break
01[12:18] {@Threei}  If holds  77
01[12:22] {@Threei}  The first look at fourth quarter US GDP was mixed but not terrible. The headline figure was half the gain seen in the final November reading, declining to +2.6% from +5.0%, but nobody expected the economy to grow again at that high a rate
[12:30] {dino} damn, missed that n 93 gap fill that i mentioned earlier, ugh
01[12:32] {@Threei} Long Setup:  VXX  .75 break
01[12:33] {@Threei}  If holds  .65
01[12:37] {@Threei}  1:1
01[12:37] {@Threei}  1:2
[12:42] {dino} n drop
01[12:45] {@Threei}  1:3
[12:46] {dino} n smr l .78
[12:46] {dino} wide
[12:47] {dino} added n calls
[12:49] {dino} dish drop
[12:49] {RonS} did it break?
[12:50] {dino} sm l .87
[12:50] {RonS} lost lunch?
01[12:50] {@Threei}  lol
[12:50] {RonS} which dollar lol
[12:50] {dino} out dish 71.25, +1.38
[12:51] {dino} 69 ron
[12:51] {RonS} better call ese then...
[12:51] {dino} ?
[12:51] {nemo} holy shit...what's up with dish
[12:51] {dino} wow dish spike
[12:51] {RonS} need math lesson...
01[12:52] {@Threei}  (US) FCC announces additional details from spectrum auction
[12:52] {dino} lol ron
01[12:52] {@Threei}  There were 31 winning bidders for Auction 97; won 1611 licenses in AWS-3 airwaves auction- AT&T the largest bidder in the auction bidding $18.2B; Verizon bid $10.4B
[12:52] {RonS} 71.25 - 69 = 1.38
01[12:52] {@Threei}  DISH is in there somewhere
[12:52] {RonS} yep
[12:53] {dino} out n .28, +.50\
[12:53] {dino} well those two trades certainly helped my day
[13:51] {dino} .
01[13:51] {@Threei}  shhhhh
[13:53] {JoebiWan} jeez
[13:53] {nemo} FB could drop seriously ere
[13:58] {nemo} VXX @vwap
[14:01] {nemo} face book on the edge
[14:06] {nemo} FB
[14:07] {nemo} could be ignominious
01[14:07] {@Threei}  .60 break?
[14:07] {nemo} shorted .69, have to turn aroudn there
[14:07] {nemo} seemed logical
[14:08] {nemo} ;-)
[14:08] {nemo} stop is .65
01[14:08] {@Threei}  nice
[14:08] {nemo} whoa baby
06[14:08] * @Threei slaps nemo around a bit with a large roll of cash
[14:08] {JoebiWan} very nice
[14:08] {JoebiWan} gj
06[14:08] * @Threei slaps JoebiWan around a bit with a large roll of cash
[14:08] {nemo} I love 69
01[14:08] {@Threei}  TMI
[14:09] {nemo} look how FB dropped with the index jumps...this could be really good
[14:09] {nemo} stop is .50
[14:09] {nemo} should be .60
[14:10] {nemo} but...
[14:10] {RonS} lol 3i
01[14:10] {@Threei}  :)
[14:10] {nemo} pit /52
[14:11] {nemo} right...out .52
[14:11] {nemo} oh frig
[14:11] {nemo} oh frig
[14:11] {JoebiWan} lol
[14:12] {nemo} go fondle ur lightsaber
[14:12] {JoebiWan} rofl
[14:13] {nemo} yeah, should have kept original stop
01[14:13] {@Threei}  I know very few people who act in a way that would get you infuriated if it were anyone else, but you can't help liking them
[14:13] {nemo} ?
01[14:13] {@Threei}  is it a perversion?
[14:13] {nemo} ?
[14:13] {nemo} what?
01[14:14] {@Threei}  sit quiet nemo, everyone else understood but you :)
[14:14] {nemo} what exactly is perverse?
[14:14] {nemo} please, tell me
[14:14] {RonS} he loves watching you suffer
01[14:14] {@Threei}  hehe
01[14:14] {@Threei}  sure, here is definition:
[14:14] {nemo} I'm not suffering Ron
01[14:14] {@Threei}  using feather is linky. Using whole chicken is perversion
01[14:14] {@Threei}  kinky
[14:15] {nemo} Ahhh, my uncle used that example
[14:15] {nemo} speaking of perverse
[14:15] {RonS} hope not a demo...
[14:15] {nemo} on netflix, watch the first episode of "Black Mirror"
[14:16] {RonS} hey dino...
[14:16] {nemo} I'm so tempted to spoil it
[14:18] {nemo} VXX
[14:19] {nemo} XOP higher low on daily
[14:20] {RonS} crude 47.70
[14:28] {RonS} 48.20
01[14:35] {@Threei}  I protest this oil rebound
01[14:36] {@Threei}  where can I register my objection?
[14:36] {nemo} makes sense, it's down so much, not the best idea to hold over the weekend
01[14:47] {@Threei} Short Setup: USO  .70 break
01[14:47] {@Threei}  If holds  .80
[14:48] {RonS} revenge eh?
[14:48] {nemo} fucking with oil this low is a fools errand
[14:48] {nemo} the demand profile in the US will turn positive over then next month
[14:48] {nemo} going into Memorial Day
01[14:48] {@Threei}  gosh...
01[14:49] {@Threei}  next month?
01[14:49] {@Threei}  vs 10 min trade?
[14:49] {RonS} hehe
01[14:49] {@Threei}  it moved up quite a lot
01[14:49] {@Threei}  simply short setup on large bounce
[14:49] {nemo} the volatility in the bottoming area will suck donkey dong
[14:49] {RonS} plus doesn't the oli pit close and prices get goofy right now...
01[14:50] {@Threei}  .80 was even better entry but I didn't watch it back then
[14:50] {nemo} you must identify with that Ron
[14:50] {nemo} sso long over 122.30
[14:50] {nemo} holds vwap
[14:50] {nemo} dead soldier
[14:52] {nemo} 122.10
[14:52] {nemo} holds .00
[14:52] {nemo} my IQ
[14:54] {nemo} long recross sso .20
[14:54] {nemo} holds .10
[14:55] {nemo} whoa
[14:55] {nemo} o.k.
[14:55] {nemo} circling the drain here
[14:55] {nemo} nest support spy .55 level
01[15:06] {@Threei}  VXX goes for high
[15:06] {nemo} yeah, and crude not dropping
[15:06] {nemo} long .78
[15:07] {nemo} stop under .73
[15:07] {RonS} lol...Air came out of that rally faster than Tom Brady's balls
01[15:07] {@Threei}  lol
[15:07] {JoebiWan} best one yet
[15:07] {nemo} poor Peyton
01[15:08] {@Threei}  no go
[15:08] {nemo} I'm partialing .86
[15:08] {nemo} stop under .80 not screwing with this
01[15:17] {@Threei} Long Setup:  VXX  .50 break
01[15:17] {@Threei}  If holds  .40
01[15:18] {@Threei}  1:1
01[15:18] {@Threei}  1:2
01[15:19] {@Threei}  1:3
[15:19] {JoebiWan} beauty
01[15:19] {@Threei}  nailed it! (in my best Hank Moody voice)
[15:19] {dino} gj
01[15:19] {@Threei}  ty
01[15:19] {@Threei}  1:4
01[15:20] {@Threei}  out
01[15:20] {@Threei}  solid day
01[15:20] {@Threei}  1:5
[15:20] {dino} lod
01[15:20] {@Threei}  1:6
01[15:21] {@Threei}  bounce time
[15:29] {nemo} frickin uso, nothin...just dribbling along
[15:29] {nemo} looks like it's gonna com in a bit
[15:30] {JoebiWan} gotta run, ty all cya
[15:30] {nemo} going for a Bantha ride?
[15:30] {nemo} wow, it worked
01[15:33] {@Threei}  lol
01[15:45] {@Threei}  can't read last direction clearly
[15:45] {RonS} good weekend to all
01[15:45] {@Threei}  let's not spoil good day by guessing
01[15:45] {@Threei}  have a great weekend, see you monday