Friday, March 6, 2015

Mar 06 2015

Very nice day to finish strong week. Mostly empty afternoon, but first half of the day gave enough good plays to make it worth our while.



Session Time: Fri Mar 06 00:00:00 2015

[09:07] {RonS} gm...hearing loonie .80 v $
01[09:07] {@Threei}  hi Ron
01[09:07] {@Threei}  yes
[09:08] {RonS} $aapl replaces $t in the Dow
01[09:10] {@Threei}  .80 is better than parity... but worse than it used to be, around 1.55
[09:11] {dino} gm
01[09:11] {@Threei}  dino :)
01[09:19] {@Threei}  - EU Official: Choreography seems to point to 3rd Greek bailout
01[09:19] {@Threei}  lol
01[09:19] {@Threei}  what does music conducting point to?
[09:20] {dino} ron, you take fl into earnings?
[09:21] {RonS} no...mistake...
[09:25] {dino} nor i, don't like buying into earnings
[09:26] {RonS} the thing is nke report is a great read on fl...watched it qtr after qtr...and never do anything  :(
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -AVEO +17% (earnings & announcement of Phase 2 results Tivozanib)
01[09:27] {@Threei}  -LTM +14% (premarket strength attributed to LBO speculation)
01[09:27] {@Threei}  -YY +9% (earnings)
01[09:27] {@Threei}  -MSO +8% (earnings)
01[09:27] {@Threei}  -SKUL +7% (earnings)
01[09:27] {@Threei}  -FNSR +6% (earnings)
01[09:27] {@Threei}  -FL +5.2% (earnings)
01[09:27] {@Threei}  -TFM +4.7% (earnings)
01[09:27] {@Threei}  -THO +3.5% (earnings)
01[09:27] {@Threei}  -BAC +2.5% (stress test results; C also up marginally)
[09:27] {RonS} plus the call buying was substantial
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -SSH -30% (update on US study of C-Pulse Heart Assist System)
01[09:27] {@Threei}  -OREX -16% (top FDA official says Contrave data showing heart benefit are unreliable)
01[09:27] {@Threei}  -CKP -15% (earnings)
01[09:27] {@Threei}  -GENE -14.5% (announced A$18.6M capital raise)
01[09:27] {@Threei}  -LULU -3.5% (negative broker commentary)
01[09:27] {@Threei}  -SPLS -2.2% (earnings)
01[09:32] {@Threei}  .l fb 81 break
01[09:33] {@Threei} Long Setup:  FB  81 break
01[09:33] {@Threei}  If holds  .90
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
01[09:34] {@Threei}  violent bounce
01[09:35] {@Threei}  heavy
01[09:37] {@Threei}  no go
01[09:46] {@Threei} Long Setup:  VXX  27 break
01[09:46] {@Threei}  If holds  .90
01[09:51] {@Threei}  1:1
01[09:57] {@Threei} Long Setup:  IWM  .40 break
01[09:57] {@Threei}  If holds  .30
[10:00] {dino} lulu sm l .00
01[10:02] {@Threei}  no go
[10:10] {dino} out lulu .43, +.43
01[10:11] {@Threei}  nice
[10:12] {dino} ty
01[10:14] {@Threei} Long Setup:  FB  .80 break
01[10:15] {@Threei}  If holds  .70
01[10:18] {@Threei}  1:1
01[10:20] {@Threei}  1:2
[10:21] {RonS} good one 3i, thanks
01[10:21] {@Threei}  :)
01[10:23] {@Threei}  1:3
01[10:27] {@Threei}  1:4 close enough, out
[10:28] {RonS} wow, bailed too early gj
01[10:28] {@Threei}  ty
[10:28] {RonS} took lulu .04 out .76 +.72  good one dino and thanks
[10:32] {dino} yw, gj
01[10:40] {@Threei} Long Setup:  TWTR  .70 break
01[10:41] {@Threei}  If holds  .63
01[10:46] {@Threei}  1:1
01[10:48] {@Threei}  1:2
01[10:48] {@Threei}  1:3
01[11:01] {@Threei} Long Setup:  VXX  .20 break
01[11:01] {@Threei}  If holds  .10
01[11:06] {@Threei}  1:1
01[11:10] {@Threei}  1:2
[11:11] {RonS} a beaut...
01[11:11] {@Threei}  :)
[11:11] {RonS} tick -1445
[11:16] {dino} vxx barely moving
01[11:23] {@Threei}  1:3
01[11:23] {@Threei}  out
[11:24] {dino} gj
01[11:24] {@Threei}  ty
01[11:24] {@Threei}  sweet day
01[11:41] {@Threei}  Feb employment report stirred things up. Following the data the US Greenback extended to fresh multi year highs while US rates backed up to levels last seen when the calendar changed to 2015
01[11:42] {@Threei}  Gold and oil prices have dipped likely pressured by the Dollar's latest leg higher and in anticipation of higher rates. Similarly dividend dependent sectors such as REITS, utilities and home builders have all under performed while asset managers and insurance companies have rallied
01[11:45] {@Threei}  wow... still out VXX too soon
[11:54] {dino} what are your guts feeling?
[11:54] {dino} more down?
[11:56] {dino} what am i, invisable?
01[11:58] {@Threei}  waren't we all
01[11:58] {@Threei}  -w
[11:58] {RonS} limited downside...no upside...
01[11:58] {@Threei}  feels like bottom is found for the time being
01[12:12] {@Threei}  Associated Press: Russia imports drop by more than a third
01[12:17] {@Threei}  dino, try yourself here: http://www.xrite.com/online-color-test-challenge
[12:22] {dino} that will take hours
[12:23] {dino} any word on nemo?, whens he coming back
01[12:23] {@Threei}  takes 5 minutes
01[12:24] {@Threei}  per him, "when in-house situation sorts itself out"
[12:25] {RonS} but he needs to find items that look similar to him...then find wife w/ q:  what color is this?  :)
01[12:25] {@Threei}  no wife, just honest results :)
[12:26] {dino} you kidding, still on first row
01[12:27] {@Threei}  well, you are supposed just to move them around accordingly to how you see them... without painstaking comparisons :)
[12:29] {dino} score 129
[12:30] {dino} low color acuity
01[12:32] {@Threei}  that's low... but not catastrophic
[12:34] {dino} i've never known different, so normal for me
[12:40] {RonS} ain't no Hellen Keller except on the golf course eh dino?
01[12:40] {@Threei}  large plays are over, looking for a scalps for the lunch time
[12:42] {dino} taking a break
01[12:43] {@Threei} Long Setup:  FB  .10 break
01[12:43] {@Threei}  If holds  80
01[12:43] {@Threei}  1:1
01[12:48] {@Threei}  1:2
[12:49] {RonS} good one
01[12:49] {@Threei}  ty
01[12:49] {@Threei}  whole morning like this, or better
01[13:25] {@Threei} Long Setup:  VXX  .05 break
01[13:40] {@Threei}  sheesh... drop already, SPY
01[13:47] {@Threei}  lose .60 already
01[13:47] {@Threei}  let's trail to .99
01[13:52] {@Threei}  meh
01[13:52] {@Threei}  30 min break
[14:15] {RonS} dino, you there?
[14:19] {dino} yes
[14:21] {dino} whoosh down coming
[14:21] {RonS} missed the $ufs short...
01[14:32] {@Threei} Long Setup:  MCD  .30 break
[14:32] {RonS} wow ufs round trippin
01[14:32] {@Threei}  If holds  .20
01[14:33] {@Threei}  1:1
[14:36] {dino} crazy chart ufs
[14:37] {RonS} rumor about an mlp...
01[14:38] {@Threei}  [UFS] Reportedly received positive prelim ruling in an International Trade Commission (ITC) case
[14:38] {dino} lod
01[14:44] {@Threei} Long Setup:  IWM  .10 break
01[14:44] {@Threei}  If holds  121
[14:48] {dino} hrtg spike
01[15:00] {@Threei}  *(US) JAN CONSUMER CREDIT: $11.56B V $14.8BE
01[15:04] {@Threei}  1:1
01[15:19] {@Threei}  (GR) Greece govt looking to hold immediate talks with lenders regarding reform plan - financial press citing Greek ministers' letter - Report noting the request marks a softening of Athens position; Govt previously rejected talks with Troika toward implementation of reform.
[15:20] {RonS} ...says will pursue a new strategy...booze then schmooze...
01[15:21] {@Threei}  lol
01[15:24] {@Threei} Short Setup: SLW  .80 break
01[15:25] {@Threei}  If holds  .90
01[15:25] {@Threei}  wth trail to .86 after loss of .75
01[15:26] {@Threei}  oh god... time change this weekend
01[15:26] {@Threei}  hate it with passion
[15:26] {RonS} your fave
[15:29] {RonS} Indiana has counties that goes both ways...do it or not... study shows that those that do have greater energy consumption...proves the whole thing is bogus
01[15:29] {@Threei}  lol
01[15:31] {@Threei} Long Setup:  SLW
01[15:32] {@Threei} Short Setup: FB  .90 break
01[15:32] {@Threei}  If holds  80
01[15:32] {@Threei}  sorry SLW wrong script
01[15:32] {@Threei}  Invalidated  SLW
01[15:32] {@Threei}  die FB
01[15:32] {@Threei}  die dead
01[15:37] {@Threei}  let's trail to .96
01[15:38] {@Threei}  last moves are likely to be hectic
01[15:38] {@Threei}  don't want to get acught
01[15:38] {@Threei}  caught either
01[15:42] {@Threei}  meh
01[15:43] {@Threei}  OK guys, good day finishing decent week
01[15:43] {@Threei}  thank you, have a great weekend
[15:43] {RonS} good weekend to all
01[15:43] {@Threei}  see you Monday, an hour earlier...grrr
[15:45] {dino} gn all, holding vxx calls through weekend