Wednesday, March 11, 2015

Mar 11 2015

Very nice morning, nice closing, and a whole lot of invalidated trades inbetween, as market flopped around with no pattern. Decent day all in all.

Session Time: Wed Mar 11 00:00:00 2015
[09:13] {dino} gm
01[09:13] {@Threei}  dino :)
[09:17] {RonS} hi guys
01[09:17] {@Threei}  ron :)
01[09:18] {@Threei}  dollar will never stop
01[09:23] {@Threei}  Upside:
01[09:23] {@Threei}  -MELA +66% (disclosed the AMA's CPT panel accepted additional codes applying to MelaFind system)
01[09:23] {@Threei}  -GSAT +12% (successfully completes TLPS demonstration at the FCC)
01[09:23] {@Threei}  -GCA +8% (earnings)
01[09:23] {@Threei}  -ONVO +4% (clarifies launch of exVive3D has gone as expected)
01[09:23] {@Threei}  -SNDK +3% (positive broker commentary)
01[09:23] {@Threei}  -TSEM +2.5% (accelerating conversion of Series F convertible notes)
01[09:23] {@Threei}  -PAY +2% (earnings)
01[09:23] {@Threei}  Downside:
01[09:23] {@Threei}  -HABT -7% (earnings)
01[09:23] {@Threei}  -WB -6% (earnings)
01[09:23] {@Threei}  -SXL -5.2% (hearing 13.5M secondary priced at $41.76/shr)
01[09:23] {@Threei}  -ZGNX -3.6% (earnings)
01[09:23] {@Threei}  -MA -2% (sells 12.8M shares in secondary offering)
01[09:32] {@Threei} Long Setup:  FB  .60 break
01[09:32] {@Threei}  If holds  .50
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
[09:34] {RonS} good one out .85 ty
01[09:34] {@Threei}  :)
01[09:43] {@Threei} Long Setup:  MCD  .60 break
01[09:43] {@Threei}  If holds  .50
01[09:44] {@Threei}  1:1
01[09:49] {@Threei} Long Setup:  MCD  .40 break
01[09:49] {@Threei}  If holds  .30
01[09:50] {@Threei}  to .34
01[09:51] {@Threei}  ,eh
01[09:51] {@Threei}  m
01[09:56] {@Threei} Long Setup:  IWM  .50 break
01[09:56] {@Threei}  If holds  .40
[09:57] {dino} safm sm l .12
[09:57] {dino} casy sm l ave .83
[09:59] {RonS} Suspected bird flu in Arkansas poultry threatens exports
01[09:59] {@Threei}  1:1
[10:01] {dino} ty ron, saw that
[10:02] {RonS} np
01[10:08] {@Threei} Long Setup:  FB  .30 break
01[10:08] {@Threei}  If holds  .20
[10:14] {dino} tight range
01[10:18] {@Threei} Long Setup:  FB  78 break
01[10:18] {@Threei}  If holds  .90
[10:21] {dino} juno drop
01[10:21] {@Threei}  change to .90
01[10:21] {@Threei}  If holds  .80
01[10:22] {@Threei}  if loses .80, not interested until frops to .60
01[10:22] {@Threei}  d
01[10:25] {@Threei}  1:1
01[10:26] {@Threei}  1:2
[10:27] {dino} bidu blood
01[10:29] {@Threei}  Merkel declines Putin's invite for World War Two commemoration in Moscow
01[10:29] {@Threei}  wow... that's serious rift
01[10:30] {@Threei}  70 years anniversary
[10:30] {dino} good
01[10:30] {@Threei}  yup... open slap in the face
01[10:31] {@Threei}  and from Germany who was their major ally in Europe for many years
[10:31] {cosmo} but they were on different sides then...right?
[10:31] {cosmo} WWII
01[10:32] {@Threei}  I am talking about Putin times
01[10:32] {@Threei}  in WW2, yes, lol
[10:32] {cosmo} yea... i was thinking 'tradition'
01[10:33] {@Threei}  but today's Germany doesn't take position "we were enemies" - rather it's "we were under insane ruler and are deeply ashamed"
01[10:33] {@Threei}  (GR) Greece said to face opposiiton at ECB on further ELA funding increases
01[10:34] {@Threei}  Russia says has right to deploy nuclear weapons in Crimea
[10:38] {dino} while obummer pulled them out
[10:39] {cosmo} ..of where?  
[10:39] {cosmo} Turkey?
[10:43] {dino} just saying he was caught on tape telling putin he would work on missle withdrawals after elections
[10:43] {cosmo} hmm
[10:44] {cosmo} he talks like that sometimes...
[10:48] {RonS} sm l tsn 38.07
01[10:51] {@Threei} Long Setup:  IWM  .10 break
01[10:51] {@Threei}  If holds  120
[10:53] {RonS} tsn stop +.02  serious distribution going on w/ the news tsn says no bird flu in their flocks
01[10:53] {@Threei}  1:1
[11:04] {RonS} sm l hfc 38.22
01[11:09] {@Threei}  1:2
01[11:09] {@Threei}  forgot to post, lol
[11:10] {RonS} hfc to .52
[11:15] {RonS} hfc stopped on trail .62 +.40
01[11:15] {@Threei} Long Setup:  FB  78 break
01[11:15] {@Threei}  If holds  .90
[11:16] {RonS} wow trn
[11:17] {RonS} TRN cleared of cover-up
[11:17] {RonS} never knew they were covered...
01[11:20] {@Threei}  lol
01[11:21] {@Threei}  ok... am I crazy or half of internet... everyone admires this guy and think he is so awesome... to me, he is in last stage of senile marasmic: https://scontent-sea.xx.fbcdn.net/hphotos-xpf1/v/t1.0-9/11010982_1200949696601148_1074481324815870218_n.jpg?oh=202fc6da3e39d6a342341ba1e6c9cfe0&oe=55766FA9
01[11:23] {@Threei}  change FB to .90 break if holds .80
01[11:24] {@Threei}  Invalidated
01[11:29] {@Threei}  should have changed to .80
[11:30] {dino} out vxx calls from last week, +.40/14%
[11:32] {RonS} gj...but thinking too early...big bets came on yesterday that vix goes to 20
[11:32] {dino} maybe so, but in jamaica fri-tues, and qe europe starts monday.
[11:33] {RonS} yep
[11:33] {dino} but who knows, i figured book the gain
[11:36] {RonS} should change name to danno then? so we could say "book 'em danno"
[11:36] {dino} roflol
01[11:36] {@Threei}  lol
01[11:37] {@Threei}  fri-tues? that brief?
01[11:38] {@Threei}  ron, want to take a double-long weekend too while dino is getting his well-deserved suntan? :)
[11:38] {RonS} ya, one toke on the reefers they have down there and you will be asleep that long...
[11:38] {dino} yeah, unfortunately. my wife could only get 3 personal days off
[11:39] {dino} turning 50 down there
[11:39] {RonS} 3i, sounds good to me...
01[11:39] {@Threei}  cool... dino won't be jealous that we make all the money without him
[11:40] {dino} have at it
[11:40] {dino} would expect nothing less
01[11:44] {@Threei}  grrr... FB got away
01[11:47] {@Threei} Short Setup: TWTR  .30 break
01[11:47] {@Threei}  If holds  .40
01[11:52] {@Threei}  change to .40 break
01[11:52] {@Threei}  If holds  .45
01[11:53] {@Threei}  (UK) UK parliament approve laws banning branding on cigarette packs
01[11:54] {@Threei}  wow, really? Just "cigarettes"?
01[11:55] {@Threei}  "what are you smoking, mallboro or camel?" - "dunno, it says cigarettes"
[11:56] {RonS} cigs themselves will be branded...
[11:56] {RonS} ...and the cartons
01[11:56] {@Threei}  speaking of... 6 years this month since I quit
[11:58] {dino} wt5g
[11:58] {dino} wtg
01[11:58] {@Threei}  ty
01[11:58] {@Threei}  The euro has slipped futher this morning, with EUR/USD dropping to 1.0560 earlier, a fresh 12-year low. The euro has lost nearly 10% of its value versus the dollar since the ECB announced in January that it would undertake QE. EUR/GBP dropped through the key psychological level of 1.5000. With dollar parity only a matter of time, ECB's Nowotny said he was nervous there may be too much success with QE.
01[11:59] {@Threei}  Dollar strength is only making life harder for oil, even as inventory builds take a breather. WTI crude dipped below $47.50 in the wake of the DOE weekly inventory report mid-morning before rising back toward $48. The front month Brent contract was as low as $56.00 earlier today, bounced higher then dipped back toward $56.
01[12:00] {@Threei}  The fallout from the oil collapse is claiming yet another victim. Whiting Petroleum, the largest producer in North Dakota's Bakken shale, has reportedly put itself up for sale. This is only the first of what many analysts expect to be a wave of sector consolidation. Many suggest the likeliest takeover candidates include Continental, Apache, Devon Energy and Anadarko Petroleum.
01[12:05] {@Threei}  1:1
[12:15] {RonS} USDA announce that the earlier reports of a H5N2 strain of bird flu in Arkansas are true
[12:16] {RonS} fema sending kleenex?
01[12:19] {@Threei}  lol
01[12:20] {@Threei}  [BBRY] Ticking higher on renewed vague reports that Samsung remains interested in acquiring the company
[12:32] {RonS} CSU's Michelbach says Germany to defend itself if Greece confiscates assets -- Handelsblatt
01[12:38] {@Threei}  defend...
01[12:39] {@Threei}  words are wonderful thing eh?
[13:08] {RonS} slxp gone pulp over endo bid...affecting vrx too
01[13:08] {@Threei}  SLXP CNBC's Faber: Offer was recently provided to SLXP, and would be a combination of cash and stock; ENDP has committed financing from two banks
[13:08] {RonS} endp symbol
[13:10] {RonS}  CNBC's Faber says Endo (ENDP) has offered $165/shr for Salix Pharmaceuticals (SLXP) (sq)
[13:17] {dino} out casy .73, +.85
01[13:20] {@Threei}  wtg
[13:29] {dino} ty
01[13:31] {@Threei}  EUR/USD Sets fresh session lows at 1.0553
[13:42] {RonS} eur new lod
[13:44] {RonS} endp halt
[13:45] {RonS} slxp halt
01[13:45] {@Threei}  yeah, news pending
01[13:55] {@Threei} Long Setup:  VXX  .20 break
01[14:05] {@Threei}  nope
01[14:14] {@Threei} Short Setup: FB  .75 break
01[14:14] {@Threei}  If holds  .85
01[14:16] {@Threei}  Invalidated
[14:18] {RonS} anip spike
01[14:27] {@Threei} Long Setup:  FB  .90 break
01[14:27] {@Threei}  If holds  .80
01[14:43] {@Threei}  mess... everything invalidates
[14:45] {RonS} hyh spike
[14:53] {dino} smr s .62
01[14:58] {@Threei}  .90 breask again, FB
01[14:58] {@Threei}  nice C&H shapes up
01[14:58] {@Threei}  if holds .80 of course
01[15:06] {@Threei}  come on already, break
01[15:06] {@Threei}  while dino is not 50
[15:07] {dino} hyh bs to be
01[15:09] {@Threei}  sigh... invalidated again
01[15:09] {@Threei}  anniying
01[15:09] {@Threei}  o
[15:10] {RonS} NSR ++ major cover up job by FCC  ------ Neustar claims FCC acted illegally in review of lucrative phone database contract & then tried to cover it up: POLITICO (source)
01[15:16] {@Threei}  they would never
01[15:16] {@Threei}  right?
01[15:20] {@Threei} Long Setup:  VXX  .22 break
01[15:20] {@Threei}  If holds  .13
01[15:24] {@Threei}  12,000 people leave Donbas since late January
01[15:24] {@Threei}  these are the slow ones
[15:28] {RonS} $TSN buyer on weakness, 4910 Mar15 $37 C  $1.15
01[15:28] {@Threei}  half out
01[15:28] {@Threei}  1:1
01[15:29] {@Threei}  got this one right :)
[15:30] {RonS} yep
01[15:31] {@Threei}  1:2
[15:38] {dino} gj
01[15:39] {@Threei}  ty
01[15:41] {@Threei}  Russian blogosphere is full of speculations about President Putin's state of health. His visit to Kazakhstan was canceled today with reference to temporary sickness, and online community realized that Putin hasn't been seen since March 6
01[15:41] {@Threei}  hmmm... can we be that lucky?
[15:42] {dino} no
01[15:46] {@Threei}  decent day, no more pushing
01[15:46] {@Threei}  have a great evening guys, see you tomorrow