Thursday, February 5, 2015

Feb 05 2015

Slowish day that spent most of its time in a narrow range. Still, squeezed out profitable trading session.

Session Time: Thu Feb 05 00:00:00 2015
[09:19] {dino} gm, this snowing is getting old fast. yesterday 3", today another 5". we have received over 3 feet of snow in the last 2 weeks
01[09:19] {@Threei}  yikes
[09:20] {dino} yeah, where i plow it off driveway its like 7 feet high
[09:20] {cosmo} fun
01[09:20] {@Threei}  memories of winnipeg...
[09:21] {RonS} gm...60's here for next 5 days...storms have a real feeling of spring now
[09:21] {dino} hot fun, between my house, neighbors' house, and my office building, its a 1 1/2-2 hour job
01[09:21] {@Threei}  ron :)
[09:21] {cosmo} memories of The Shinning
[09:21] {RonS} shoulda had boys  :)
[09:22] {cosmo} -n
[09:25] {nemo} so the newsreading algo's sold us off, and now we're basically where we were
[09:25] {jfjf64} morning all
01[09:25] {@Threei}  jf :)
[09:25] {RonS} LB  busting out...
01[09:25] {@Threei}  told you it was nonsensical news
[09:25] {nemo} that's a bit hyperbolic Ron
[09:25] {dptl} gm
01[09:25] {@Threei}  dp :)
[09:26] {RonS} :)
01[09:26] {@Threei}  it was just a negotiation trick
01[09:26] {@Threei}  but we profited nicely
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -HSP +35% (acquiring Hospira for $90/shr)
01[09:26] {@Threei}  -EOPN +30% (enters agreement to be acquired by Insight Venture Partners for $8.60/shr)
01[09:26] {@Threei}  -GLUU +22% (earnings, deal with Katy Perry for new mobile game)
01[09:26] {@Threei}  -SMRT +19% (Jan SSS)
01[09:26] {@Threei}  -DATA +17% (earnings)
01[09:26] {@Threei}  -FTR +9.5% (deal with VZ over acquisition of tower assets for $5B)
01[09:26] {@Threei}  -GRA +7.8% (earnings)
01[09:26] {@Threei}  -FEYE +3.6% (no news, possible that rumors of current/future hacking into SNE & ANTM could be driving move)
01[09:26] {@Threei}  -TWTR +3.6% (deal with GOOG)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -RSTI -11% (earnings)
01[09:26] {@Threei}  -TDC -8.5% (earnings)
01[09:26] {@Threei}  -GMCR -6.7% (earnings)
01[09:26] {@Threei}  -KORS -6.7% (earnings)
01[09:26] {@Threei}  -FOXA -4.8% (earnings)
01[09:26] {@Threei}  -PRU -4.8% (earnings)
01[09:26] {@Threei}  -CMI -3.4% (earnings)
[09:31] {dino} hnsi?
[09:32] {dino} hsni?
01[09:32] {@Threei}  no news
[09:33] {dino} not finding anything either
[09:34] {nemo} what's the float?
[09:35] {nemo} 31.8 million...not alot
01[09:36] {@Threei} Short Setup: GM  .40 break
01[09:36] {@Threei}  If holds  .45
[09:38] {nemo} this could be boring sans news today...setting up for tomorrow's numbers
01[09:38] {@Threei} Long Setup:  VXX  .50 break
01[09:39] {@Threei}  If holds  .42
[09:39] {nemo} .63 overhead resistance
01[09:39] {@Threei}  1:1  GM
[09:40] {dino} hsni nov gap fill
01[09:40] {@Threei}  1:2
01[09:40] {@Threei}  1:1  VXX
[09:40] {dino} vsm l hsni .60 wide
[09:41] {dino} hmm, got .55
[09:41] {nemo} wow, quite the secretarial spread on that one dino
01[09:41] {@Threei}  closed GM
[09:41] {dino} indeed
01[09:41] {@Threei}  and VXX
[09:42] {nemo} yeah..nicked .64
[09:42] {dino} going to let it flounder around wide
[09:42] {nemo} Animal House?
[09:42] {dino} sure wormer
[09:42] {nemo} He died two years ago
[09:44] {dino} see i broke the 9:45 rule and i'm down
[09:44] {nemo} dino...stock is down...low
[09:44] {dino} ;)
[09:45] {nemo} QCOM
01[09:51] {@Threei} Short Setup: JPM  .85 break
01[09:52] {@Threei}  If holds  .95
01[10:00] {@Threei}  *(DK) DENMAR AGAIN CUTS RATES
01[10:02] {@Threei}  stop to .91
01[10:02] {@Threei}  1 cent to 1:1
01[10:06] {@Threei}  meh
[10:10] {cosmo} HSN, Inc. ( HSNI ) will begin trading ex-dividend on February 05, 2015.
[10:11] {cosmo} fwiw
[10:12] {nemo} how much was the dividend
[10:14] {cosmo} cash dividend payment of $10 per share
[10:14] {dino} oh, thats it then
[10:14] {nemo} yep, needs to drop a bit before a long
[10:15] {cosmo} should be close
[10:15] {nemo} XOP
01[10:19] {@Threei} Long Setup:  VXX  .45 break
01[10:19] {@Threei}  If holds  .35
01[10:22] {@Threei}  JPM rinsed
01[10:23] {@Threei}  dirty scoundrel
01[10:26] {@Threei}  no go
01[10:33] {@Threei}  market is glued to narrow range
[10:33] {nemo} jobs report tomorrow
01[10:34] {@Threei}  should break soon, but direction is difficult to read
[10:34] {nemo} VMW
01[10:37] {@Threei} Long Setup:  IWM  .40 break
01[10:37] {@Threei}  If holds  .30
[10:38] {nemo} grind up day
01[10:38] {@Threei}  probably, just gotta decide between breaks and DKTK
01[10:38] {@Threei}  this trade will show
[10:39] {nemo} 206.42 likely grind up area at least 206 area test
01[10:40] {@Threei}  1:1
01[10:41] {@Threei}  just a scalp
[10:52] {jfjf64} vxx .10 break
[11:04] {dino} hsni sm l .47
[11:11] {nemo} why twtr up so much?
01[11:11] {@Threei}  deal with Google yesterday
01[11:12] {@Threei}  [TWTR] Said to have reached deal with Google for tweets to be shown in search results; Google may pay licensing fee - US financial press - In the past, the companies entered into an agreement related to Twitter's firehose content. In 2009, the two companies reached an agreement related to the live streaming of user tweets, but this agreement later expired in 2011. - The most recent agreement is not expected to involve advertising revenue and could involve Google paying some type of flat licensing fee.
01[11:13] {@Threei} Long Setup:  AIG  .85 break
01[11:13] {@Threei}  If holds  .77
01[11:17] {@Threei}  Invalidated
01[11:20] {@Threei} Long Setup:  VXX  .10 break
01[11:20] {@Threei}  If holds  33
01[11:29] {@Threei}  no go
[11:35] {RonS} if you have nothing else to do:
01[11:41] {@Threei}  nemo's in love
[11:42] {RonS} lol
[11:42] {RonS} hilarious
[11:51] {nemo} what's funny is high kicks are so dangerous to the kicker if they're up against somebody who knows what they're doing
[11:51] {nemo} makes me think this is staged actually looking at the video
[11:52] {nemo} yeah, I'm willing to bet this is staged
01[11:52] {@Threei}  very true... in life long gone, my karate teacher used to say "max height for your kick is a belt-high, and that's probably twice as high as you'll ever need"
[11:53] {nemo} when you're kicking that high you can't generate any power
[11:53] {dino} aegr spike
01[11:53] {@Threei}  of course this is the same guy who said "each fight should consist of three blows: yours, first and last, all three in one"
[11:53] {dino} sm s .56
[11:53] {nemo} well, a pro will usually be done with an opponent in less than 5 seconds
[11:54] {nemo} baba
[11:54] {nemo} sorry
[11:54] {dino} cov aegr.92, +.64
[11:56] {RonS} nice demo dino...of pro being done w/ opponenet in 5 seconds...
[11:57] {RonS} meantime over here w/ hsni watching the freakin paint dry...  :)
01[11:58] {@Threei}  :)
[11:58] {dino} :)
[11:58] {dino} yeah hsni, a big let down
[11:59] {dino} wjat am i missing on ua?
[12:00] {nemo} are you long or short?
[12:00] {RonS} outrageous p/e...
[12:00] {dino} not in
[12:00] {dino} pretty good report
[12:01] {RonS} so what ...60 times forward...
[12:01] {nemo} it's #5 weak stock on algo with high volume, must have alot of people getting in and alot of people getting out
[12:03] {nemo} airlines drip lower all day on oil
01[12:06] {@Threei} Long Setup:  VXX  .05 break
01[12:06] {@Threei}  If holds  .95
[12:06] {dino} something tells me the oil drop is not over yet
01[12:06] {@Threei}  my feeling too
01[12:09] {@Threei}  1:1
01[12:31] {@Threei} Long Setup:  KORS  69 break
01[12:32] {@Threei}  If holds  .90
01[12:34] {@Threei}  ugh
01[12:51] {@Threei}  SOMG
01[12:51] {@Threei}  with all capital letters
01[12:51] {@Threei}  1:5
[12:52] {dino} not seeing much
[13:01] {dino} rh drop
[13:07] {dino} rh sm l ave .15
01[13:08] {@Threei}  Defense Secretary Chuck Hagel said on Feb. 5 he is worried about a potential division within NATO as countries in the north want to focus on the growing threat from Russia, while other alliance members in the south are more worried about the influx of foreign fighters from northern Africa.
01[13:09] {@Threei}  what's the problem? start war of north against south, and winner gets to elect who to fight
06[13:10] * @Threei is very proud of his conflict-resolving abilities
[13:11] {dino} damn, that fell fast
[13:17] {dino} rh last try sm l .11
[13:28] {dino} rh stopped again
[13:28] {dino} not my day
[13:28] {nemo} IWM looks northbound
[13:28] {nemo} jobs report tomorrow, stutter step day...not what you trade best
[13:30] {dino} taking a break
[13:38] {nemo} KSS
[13:49] {nemo} GMCR
01[14:02] {@Threei} Long Setup:  IWM  .65 break
01[14:02] {@Threei}  If holds  .55
01[14:10] {@Threei}  1:1
01[14:19] {@Threei}  1:2
01[14:42] {@Threei} Long Setup:  IWM  .85 break
01[14:42] {@Threei}  If holds  .79
01[14:44] {@Threei}  Invalidated
[15:01] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzz
[15:14] {RonS} ok, pulling the ripcord here...see you guys tomorrow
01[15:14] {@Threei}  take care ron
[15:15] {nemo} not if the parachute doesn't deploy (hopefully)
01[15:16] {@Threei}  there should be one last rally in IWM today
01[15:16] {@Threei}  don't want to get rinsed, so waiting
[15:16] {nemo} it's at highs
[15:16] {nemo} grind up
[15:17] {nemo} vxx been walking the weekly pivot
01[15:19] {@Threei} Long Setup:  IWM  120 break
01[15:19] {@Threei}  If holds  .90
[15:26] {dino} on the 3 month, that is a higher high on dji, but coming off a lower low
[15:27] {jfjf64} up /down????
[15:27] {jfjf64} lol
[15:27] {dino} million $ question
01[15:27] {@Threei}  my feel is up
[15:28] {jfjf64} hey ya feelin nemo up
[15:28] {dino} same here 3i, they had all day to bring it down, but couldn't
01[15:28] {@Threei}  unless EU pulls of yesterday's trick again saying that it doesn't know where Greece is
[15:28] {jfjf64} take it easy
[15:28] {nemo} this is about resistance on the charts and the jobs number
[15:28] {dino} cya jf
[15:29] {jfjf64} so much for res
[15:29] {jfjf64} cya dino
[15:29] {nemo} 206.26
01[15:29] {@Threei}  4 cents more IWM
01[15:29] {@Threei}  3
[15:30] {dino} 3 month we just pattern a top near 18k and bottom near 17,100. buy vxx calls around 18, puts around 17, or dia, whatever gets you going
01[15:32] {@Threei}  2
01[15:32] {@Threei}  1
[15:33] {jfjf64} don't be greedy
01[15:33] {@Threei}  why?
01[15:33] {@Threei}  greed, for the lack of better word, is good
01[15:34] {@Threei}  1:1
[15:37] {dino} you guys watch wolf of wallstreet?
[15:37] {jfjf64} not yet
[15:37] {jfjf64} you
01[15:37] {@Threei}  is it good?
[15:37] {dino} aside from him screwing over people, it's one of the funniest movies out lately
[15:38] {dino} the guy was seriously out of control with partying
01[15:39] {@Threei}  oh wait... I did watch it
01[15:39] {@Threei}  1:2
[15:39] {jfjf64} have to watch
[15:39] {dino} its funny jf
01[15:39] {@Threei}  boiler room kind of trading
[15:39] {dino} yeah
[15:39] {dino} which, btw, boiler room was a good movie too
01[15:39] {@Threei}  getting my rally nailed :)
[15:40] {jfjf64} liked boiler room
[15:43] {jfjf64} may beone more push
01[15:43] {@Threei}  yup
[15:44] {nemo} indexes look like run into the close they want that .42 area on spy, running aapl to do it
[15:46] {nemo} aapl croaks, indexes croak
01[15:46] {@Threei}  ok, closed last piece
[15:47] {dptl} gn all see ya tomorrow
01[15:47] {@Threei}  eked out positive day
01[15:47] {@Threei}  thank you all, have a good evening
01[15:47] {@Threei}  see you tomorrow
[15:47] {jfjf64} good night all
[15:48] {dino} gn