Thursday, March 26, 2015

Mar 26 2015

1:7 as I post this. Beautiful reversal setup on overstretched capitulation selloff


And, to add:



Session Time: Thu Mar 26 00:00:00 2015
[09:06] {dino} gm
01[09:07] {@Threei}  dino :)
[09:09] {RonS} gm...sndk buzzsawed
01[09:10] {@Threei}  ron :)
[09:10] {cosmo} hmm...dumper
01[09:22] {@Threei}  Upside:
01[09:22] {@Threei}  -CNAT +48% (announced successful Phase 2 top-line results from NAFLD/NASH clinical trial of Emricasan)
01[09:22] {@Threei}  -FRED +12% (earnings)
01[09:22] {@Threei}  -FIVE +8% (earnings)
01[09:22] {@Threei}  -RHT +5% (earnings)
01[09:22] {@Threei}  -ACN +3.3% (earnings)
01[09:23] {@Threei}  Downside:
01[09:23] {@Threei}  -NLST -20% (lost decisive legal case against Diablo Tech)
01[09:23] {@Threei}  -SNDK -15% (cut Q1 Rev guidance)
01[09:23] {@Threei}  -SCMP -14% (registered shares for selling holders of indeterminate amount)
01[09:23] {@Threei}  -NVAX -9% (priced 24.1M shares at $7.25/shr)
01[09:23] {@Threei}  -VG -8% (negative Cramer commentary/aquisition)
01[09:23] {@Threei}  -WGO -6.5% (earnings)
01[09:23] {@Threei}  -EXAS -4.6% (negative broker commentary)
01[09:23] {@Threei}  -LULU -4.3% (earnings)
01[09:23] {@Threei}  -PSUN -4% (earnings)
01[09:23] {@Threei}  -KITE -3.5% (earnings)
01[09:23] {@Threei}  -GTN -3.5% (priced 12M shares at $13/shr)
01[09:23] {@Threei}  -DAL -2.3% (higher oil prices and Germanwings crash weighing on space)
01[09:23] {@Threei}  -GWR -2.3% (guidance)
01[09:30] {@Threei} Short Setup: FB  .50 break
01[09:30] {@Threei}  Invalidated
01[09:31] {@Threei}  valid agaiin
01[09:31] {@Threei}  too fast
01[09:31] {@Threei}  ok... in
01[09:31] {@Threei}  1:1
01[09:32] {@Threei}  morning fingers warm-up
01[09:32] {@Threei} Long Setup:  IWM  .10 break
01[09:32] {@Threei}  If holds  122
[09:34] {RonS} zts sm l .79
01[09:35] {@Threei}  1:1
01[09:38] {@Threei} Long Setup:  FB  .50 break
01[09:38] {@Threei}  If holds  .40
01[09:39] {@Threei}  1:1
[09:41] {dino} uri hl l .04
[09:42] {dino} added cnet puts
[09:42] {dino} cnat
01[09:43] {@Threei} Long Setup:  MCD  .70 breajk
[09:43] {dino} out uri .46, +.42
01[09:43] {@Threei}  If holds  .60
01[09:45] {@Threei}  *(US) MAR PRELIMINARY MARKIT SERVICES PMI: 58.6 V 57.0E
01[09:45] {@Threei}  TWTR Rosenblatt Securities Inc. Initiates TWTR with Buy, price target: $60
01[09:49] {@Threei}  1:1
[09:52] {RonS} out zts .34 +.55
01[09:52] {@Threei}  wtg
[09:52] {RonS} ty
01[09:58] {@Threei} Long Setup:  IWM  122 break
01[09:58] {@Threei}  If holds  .90
01[10:01] {@Threei}  1:1
01[10:09] {@Threei} Long Setup:  VXX  .95 break
01[10:09] {@Threei}  If holds  .85
[10:11] {dino} sndk hl l .14
01[10:13] {@Threei}  no go
[10:15] {dino} lod
[10:18] {RonS} crr gone pulp
[10:20] {dino} indeed
[10:20] {RonS} leave out the xy?  oxymoron:  Obama Administration has Approved Student Loan Forgiveness for qualified borrowers.
01[10:21] {@Threei}  heh
[10:21] {dino} nobody responsible for anything anymore
[10:22] {dino} so the students that paid get screwed
[10:22] {dino} and the ones that didn't borrow, screwed too
[10:24] {dino} sndk stop .89 -.25
[10:25] {dino} woner if obummer will grant forgiveness for bad trades?
01[10:25] {@Threei}  same as with motrgages before
[10:25] {dino} sure
01[10:26] {@Threei}  disciplined and responsible get screwed, reckless rewarded
01[10:26] {@Threei} Long Setup:  MCD  .50 break
[10:26] {dino} sure, you get penalized if you are responsible
[10:28] {cosmo} I know the feeling
01[10:33] {@Threei}  change to .40 break
01[10:33] {@Threei}  If holds  .30
01[10:33] {@Threei}  last change, to .30
01[10:36] {@Threei}  1:1
01[10:36] {@Threei}  1:2
01[10:37] {@Threei}  1:3
[10:37] {RonS} good one
01[10:38] {@Threei}  ty
[10:38] {dino} sndk hl l .01
01[10:38] {@Threei}  1:4
[10:41] {RonS} value added:  B of A downgrades sndk
[10:45] {dino} value added
[10:45] {dino} and timely too
[10:46] {dino} out sndk .60, +.59
[10:46] {RonS} gj
[10:46] {dino} ty
[10:52] {dino} sndk hl l .65
[10:53] {dino} damn, thought vwap break would send it up
[10:55] {dino} sndk stop -.25
[10:55] {dino} pia stock
[10:56] {RonS} pia?
01[10:59] {@Threei}  pain
01[10:59] {@Threei}  arse
01[10:59] {@Threei}  in
[11:01] {dino} rinsed
[11:05] {RonS} U.S. FEDERAL COMMUNICATIONS COMMISSION VOTES UNANIMOUSLY TO DROP NEUSTAR INC AS PHONE NUMBER CONTRACTOR
[11:05] {dino} symbol?
[11:05] {RonS} nrs
[11:05] {RonS} nsr
01[11:07] {@Threei}  weird reaction
01[11:07] {@Threei}  or rather lack of it
[11:07] {RonS} started 3 weeks ago
01[11:08] {@Threei}  yeah
[11:09] {RonS} this guy is brilliant:  German Fin Min Schaeuble: Interest rate situation in Germany is causing issue, there is too much debt and too much central bank money around the world
[11:10] {dino} well, just get obama to forgive the debt
[11:10] {RonS} lol
01[11:13] {@Threei}  hehe
[11:13] {RonS} $IBB   pic.twitter.com/qiIxzSDPt7
[11:21] {RonS} Egyptian officials say that their country and Saudi Arabia will head up a ground operation against Shiite rebels in Yemen  (fj)
01[11:22] {@Threei}  that's how it should be... let them settle these things between themselves
01[11:22] {@Threei}  (and hopefully we get to kill last man standing)
[11:23] {RonS} bet if they gave $3 mil to the dem party would have has no problem:   NSR assesing options and $150 million buyback
[11:24] {RonS} -s +d
01[11:30] {@Threei} Long Setup:  JPM  .35 break
01[11:30] {@Threei}  If holds  .25
01[11:32] {@Threei}  1:1
01[11:41] {@Threei}  1:2
01[11:49] {@Threei}  1:3
[11:50] {RonS} nice thanks 3i
01[11:50] {@Threei}  yw
[11:52] {dino} gj
01[11:57] {@Threei}  1:4
01[11:57] {@Threei}  out
01[12:06] {@Threei}  MCD
01[12:06] {@Threei}  no news
01[12:06] {@Threei}  sudden 50 cents drop
[12:15] {dino} spxl hl l .57
[12:23] {dino} stop .42 -.15
[12:23] {dino} taking break
01[12:32] {@Threei}  http://time.com/3578367/get-in-shape-psychology-tricks/
[13:19] {RonS} ARAB FOREIGN MINISTERS AGREE ON A DRAFT RESOLUTION TO FORM A UNIFIED MILITARY ARAB FORCE -EGYPTIAN STATE TV - RTRS
[13:20] {dino} good
[13:20] {RonS} time to fill up today...
02[13:22] * Disconnected
Session Close: Thu Mar 26 13:22:34 2015

Session Start: Thu Mar 26 13:22:34 2015
Session Ident: #discussions
02[13:22] * Attempting to rejoin channel #discussions
03[13:22] * Rejoined channel #discussions
[13:23] {RonS} head hit keyboard?
01[13:23] {Threei}  lol
01[13:23] {Threei}  ISP hiccup
[13:23] {RonS} better than isis...
01[13:33] {Threei}  TMUS Seeing call activity1500 May 35 calls trade at $0.65
[13:38] {RonS} btfd bios...
[13:39] {RonS} hot run
[13:40] {RonS} (a dream of dino's?)
[13:40] {dino} lol
01[13:57] {Threei}  IWM pullback under .60 will be inetersting for ling
[14:02] {RonS} VIX APR 20 CALLS bought on offer @$.65 50k
[14:03] {RonS} wow... $3.25 million
[14:04] {dino} big boys
[14:05] {RonS} Saudis
[14:08] {RonS} had a hedge fund guy explain to me once that anything near like this would be directly negotiated with an MM... they would never pay an offer price on anything of size...
01[14:08] {Threei}  totally
01[14:09] {Threei}  except some rich amateur
01[14:10] {Threei} Long Setup:  IWM  .55 break
01[14:10] {Threei}  If holds  .50
01[14:13] {Threei}  meh
[14:26] {dino} speaking of hedge funds, just finished reading "buy side". pretty crazy
01[14:27] {Threei}  wild west?
[14:28] {dino} no, ny hedge fund trader
[14:30] {dino} turney duff, what a crazy time he had. fun read
[14:38] {RonS} neighbor next door my daughter's age named their two boys Hudson, and Chase... biting my tongue to ask them if they are going to stop the pretense and name the next one Preppy...
01[14:39] {Threei}  lol
01[14:41] {Threei}  why don't I have neighbors with Moe and Larry...
01[14:41] {Threei}  I'd have a suggestion for their third
[14:55] {RonS} ooof nomura just stabbed sndk... says 55-60 tops now w/ detail
01[14:57] {Threei} Short Setup: MCD  .60 break
01[14:57] {Threei}  If holds  .70
01[15:05] {Threei}  1:1
[15:14] {RonS} turn off the heat lamp...
01[15:19] {Threei} Long Setup:  VXX  .40 break
01[15:20] {Threei}  If holds  .30
01[15:26] {Threei}  nope
01[15:35] {Threei}  was waiting for FB pullback... never got it
01[15:37] {Threei}  maybe now
01[15:37] {Threei}  from under .20
01[15:39] {Threei} Long Setup:  FB  .20 break
01[15:39] {Threei}  If holds  .10
01[15:40] {Threei}  change to .15
01[15:43] {Threei}  Chechnya threatens to arm Mexico if US sends weapons to Ukraine
01[15:43] {Threei}  imbeciles
[15:43] {dino} roflol
[15:43] {RonS} lol...really...the drug gangs don't have enough?
01[15:43] {Threei}  as if we didn't arm them on our own better than anyone else could :)
01[15:45] {Threei}  Chechnya's parliamentary speaker Dukuvakha Abdurakhmanov said that the U.S. has “no right” to advise Russia on how to behave with its neighbours.
01[15:45] {Threei}  He warned that the supply of arms to Ukraine will be perceived by Chechnya, a southern Russian republic, as a signal to deliver new weapons to Mexico to “resume debate on the legal status of the territories annexed by the U.S.”
[15:45] {dino} but of course
01[15:45] {Threei}  Abdurakhmanov is referring to the states of California, New Mexico, Arizona, Nevada, Utah, Colorado and Wyoming, which Mexico surrendered to the U.S. in the Treaty of Guadalupe Hidalgo in 1848
[15:45] {dino} why don't they just supply the indians
01[15:46] {Threei}  stop to .09
[15:48] {dino} wrld blood
01[15:50] {Threei}  half out
01[15:50] {Threei}  time is pressing
01[15:50] {Threei}  stop to .14
01[15:52] {Threei}  ok, done
01[15:52] {Threei}  thank you, have a great evening
01[15:52] {Threei}  see you tomorrow
[15:53] {dino} stc cnat calls from a.m., +.35 /50%. ty for idea 3i
01[15:54] {Threei}  :)
[15:55] {dino} oxm spike
[15:56] {dino} calling it a day, gn