Wednesday, March 25, 2015

March 25 2015

Finishing play of the good day: 

Went even higher after our exit but that was another strong day with a lot of good ones and just one stop, so didn't want to push at the end of the day.

Session Time: Wed Mar 25 00:00:00 2015
[09:04] {dino} gm
[09:04] {RonS} gm
01[09:04] {@Threei}  dino, ron :)
[09:05] {RonS} LL us product safety to report findings 10 a.m. edt
[09:05] {dino} holding calls on it
01[09:05] {@Threei}  that'll be interesting
[09:06] {dino} indeed
01[09:20] {@Threei}  Upside:
01[09:20] {@Threei}  -KFX +46% (being acquired by Lexmark for $11/shr)
01[09:20] {@Threei}  -KRFT +35% (acquiring Heinz)
01[09:20] {@Threei}  -VBLT +15% (earnings)
01[09:20] {@Threei}  -STMP +10% (acquiring Endicia from Newell Rubbermaid for $215M cash)
01[09:20] {@Threei}  -LL +8.5% (CPSC announcement @ 10AM)
01[09:20] {@Threei}  -BLRX +4.4% (reported successful top-line and efficacy results for novel stem cell mobilization treatment)
01[09:20] {@Threei}  -GPRO +4% (FBN making positive comments)
01[09:20] {@Threei}  Downside:
01[09:20] {@Threei}  -CBK -12% (earnings)
01[09:20] {@Threei}  -NSM -9% (offering 17.5M shares)
01[09:20] {@Threei}  -ENLK -9% (priced 22.8M shares at $25.71/shr)
01[09:20] {@Threei}  -NVAX -7% (offering $175M common stock)
01[09:20] {@Threei}  -YGE -5% (earnings; guidance)
01[09:20] {@Threei}  -PAYX -2.5% (earnings)
01[09:20] {@Threei}  -LE -2% (earnings)
[09:21] {RonS} that option dude i discussed had 400 krft calls he sold friday, left 400k on the table...
[09:24] {dino} nice
[09:26] {RonS} expect LL to be halted soon here...
01[09:33] {@Threei} Long Setup:  IWM  .50 break
01[09:33] {@Threei}  If holds  .45 
01[09:34] {@Threei}  Invalidated  
01[09:35] {@Threei} Long Setup:  FB  .30 break
01[09:35] {@Threei}  If holds  .20 
01[09:35] {@Threei}  Invalidated  
01[09:36] {@Threei} Long Setup:  FB  .80 break
01[09:37] {@Threei}  If holds  .70 
01[09:38] {@Threei}  no go
01[09:39] {@Threei}  rinse
01[09:39] {@Threei}  somg
[09:41] {RonS} NY TIMES article...Dennis Lockhart Q/A: September at the latest to raise rates
01[09:42] {@Threei}  I am not so sure
[09:42] {RonS} posting because of selloff...
01[09:45] {@Threei} Long Setup:  VXX  .20 break
01[09:45] {@Threei}  If holds  .10 
01[09:46] {@Threei}  1:1  
[09:48] {dino} airm?
[09:48] {dino} w/you 3i on rates, thinking next year
01[09:49] {@Threei}  don't see anything fresh on AIRM
[09:49] {dino} stale air i guess
01[09:49] {@Threei}  lol
[09:50] {dino} gap filling, 45.75 area
01[09:56] {@Threei} Long Setup:  FB  .30 break
01[09:56] {@Threei}  If holds  .20 
01[09:57] {@Threei}  1:1  
01[09:58] {@Threei}  1:2  
[09:59] {dino} wday hl l .31, stop .99
[10:00] {dino} otic drop
01[10:04] {@Threei}  [LL] US Consumer Product Safety Commission: we are actively investigating - conf call
01[10:08] {@Threei}  are beginning to collect samples from stores- company has been cooperative thus far
[10:09] {dino} that should take them months
[10:09] {RonS} ...that's what they just said
[10:10] {dino} lol
[10:10] {dino} added some airm calls
[10:16] {dino} ll spike
01[10:16] {@Threei}  - too soon to say whether there will be recalls of LL products - Follow up: CNBC's Wapner tweets: Ahead of CPSC call, Tilson says $LL position remains unchanged since he "more than doubled" short. Tells me "havent traded the stock since"
01[10:16] {@Threei}  YHOO Ticks up on weekly call activity4100 3/27 45 calls trade at $0.21
01[10:20] {@Threei} Short Setup: TWTR  .75 break
01[10:20] {@Threei}  If holds  .85 
[10:21] {RonS} took wday .45 to .95 +.50 thanks dino
[10:21] {dino} yw, gj
[10:21] {dino} going for a buck
01[10:22] {@Threei}  wtg
01[10:24] {@Threei}  1:1  
[10:24] {dino} out wday ave .04, +.73
[10:25] {RonS} gj
[10:25] {dino} ty
[10:26] {dino} fcx up, surprised w/that div cut and the reasons why, sounded like they are in real bind
01[10:28] {@Threei}  1:2  
01[10:28] {@Threei}  1:3  
[10:28] {RonS} good one 3i
01[10:28] {@Threei}  ty
[10:29] {RonS} sm l blox .99 s/l .80
[10:30] {dino} 07 fast red
[10:33] {dino} ron that espr gave back 20 pts
[10:39] {RonS} wow
[10:40] {RonS} out blox -.05 indices not done going down...
01[10:44] {@Threei}  who knew holding ukrainian debt can get you free hairdo and, umm, vital organ enlargement
01[10:45] {@Threei}  Ukraine bondholders face haircuts and extensions
[10:47] {dino} lol
[10:47] {RonS} hair extensions?
01[10:48] {@Threei}  hmmm... hat might be even worse than I thought, lol
01[10:48] {@Threei}  that
01[10:49] {@Threei}  two top officals were arrested right during the minister cabinet meeting - televised one, no less
01[10:50] {@Threei}  corruption charges
[10:50] {dino} wday hl l .51
[10:58] {RonS} meantime...snow here
01[10:58] {@Threei}  yuck
[10:59] {RonS} 1 day event...nice so i don't have to water...
[11:00] {dino} was 15 degrees f walking the dog this morning
[11:03] {dino} out wday .78, +.27
01[11:04] {@Threei} Long Setup:  YHOO  .90 break
01[11:04] {@Threei}  If holds  .80 
[11:09] {RonS} krft running wtf?
01[11:10] {@Threei}  nothing yet
01[11:13] {@Threei}  TRQ CEO: talks with the Mongolia government have slowed
01[11:13] {@Threei}  postal camels got tired?
[11:16] {RonS} don't know what it means but lol
[11:16] {RonS} just the thought of postal camels...
[11:25] {dino} wow espr
[11:26] {RonS} raly monkey
[11:31] {RonS} espr wants 60?
01[11:32] {@Threei} Short Setup: TWTR  .40 break
01[11:32] {@Threei}  wow
01[11:32] {@Threei}  lol
01[11:32] {@Threei}  1:1 BEFORE I posted
01[11:40] {@Threei} Long Setup:  YHOO  .50 break
01[11:40] {@Threei}  If holds  .40 
01[11:41] {@Threei}  change to .40
01[12:00] {@Threei}  European indices are looking to close at their lows as tensions between the EU and Greece worsen, while in the US the poor February durable goods report steepening the risk-off tone. The 10-year UST yield dropped as low 1.865% earlier on the risk-off tone. Biotech names are seeing broad declines, dragging the Nasdaq lower
01[12:01] {@Threei}  Today's weekly DoE report saw the eleventh straight build in oil inventories, with the amount once again widely beating expectations. Last night's API report saw a smaller increase in inventories, down quite a bit from last week's number. Beyond inventories, chaos deepened in Yemen, and there were reports that Saudi Arabia was moving military forces to the border with Yemen.
01[12:02] {@Threei}  Brent saw steady gains through the Asia and European sessions, rising from $54.80 to as high as $56.20, but the inventory report knocked the contract back to $55.50 or so. WTI crude is around $47.75, and is well contained within yesterday's ranges
01[12:02] {@Threei}  Shares of Lumber Liquidators are up 10% this morning after the Consumer Product Safety Commission updated the public on its investigation into allegations about the high toxicity of the company's flooring products. The CPSC said its investigations will take months to complete, however the somewhat dovish tone, and the fact that the toxicity levels are in violation of California's much stricter regulations (not the CPSC's) is hurting the big short positions.
[12:03] {dino} qrvo drop
[12:07] {dino} nmm spike
01[12:15] {@Threei}  only in Victoria:
[12:17] {RonS} only in...would they not know the difference between a cow and steer?  looks like a steer to me...
[12:18] {RonS} writer probably vegan...
01[12:18] {@Threei}  texts says steer
[12:19] {RonS} ah
01[12:19] {@Threei}  no go
[12:27] {RonS} crude hod...strange
01[12:45] {@Threei} Long Setup:  TWTR  .45 break
01[12:45] {@Threei}  If holds  .35 
01[12:46] {@Threei}  Invalidated  
[12:47] {RonS} "what did you do today Daddy Dino?" oh, well, workday dropped 3 bucks and i made money long...
01[12:47] {@Threei}  lol
01[12:48] {@Threei}  .40 new trigger
01[12:48] {@Threei}  If holds  .30 
[12:49] {RonS} ...but i have a regret... what's that daddy Dino?
[12:49] {RonS} ...nemo wasn't around so i couldn't tell him i was "lucky"...
01[12:49] {@Threei}  1:1  
[12:50] {RonS} good one 3i
[12:50] {dino} lol
01[12:50] {@Threei}  ty
01[12:50] {@Threei}  got that reversal finally
01[12:51] {@Threei}  turned my Taoist Trader in a book form this weekend
01[12:51] {@Threei}  should be on Amazon in a week or so
01[12:52] {@Threei}  1:2  
01[12:58] {@Threei}  1:3  
01[12:58] {@Threei}  good girl
01[12:59] {@Threei}  1:4 baby
01[12:59] {@Threei}  me out
[13:00] {dino} gj
01[13:01] {@Threei}  ty
[13:01] {dino} this down done or not?
01[13:01] {@Threei}  even though this market is boring, but I've adjusted well, almost every day is profitable
01[13:02] {@Threei}  can't tell, really
01[13:02] {@Threei}  something keeps market worried today, downticks easy
[13:02] {dino} yeah, you're doing better than me, running a bit below goals
[13:05] {RonS} sheesh, snow getting serious 4" already and swirling winds...good thing the tree haven't leafed out
[13:05] {dino} at this rate in pa, won't see leaves until may
[13:05] {RonS} ctrp pretty darn strong
[13:09] {dino} surprised w/quarter ending in few days that they did not hold this up
[13:18] {RonS} headline:  ketchup on mac & cheese?
[13:20] {dino} sold yesterdays vxx calls, +.51 / 20%
[13:20] {RonS} nice
[13:21] {dino} ty
01[13:22] {@Threei}  [FB] CEO: we are making a big shift from a single service to a group of services - F8 developer conf - Promises more bug fixes: pledges to fix 90% of minor bugs within 30 days in addition to current effort to fix major reported bugs within 48 hours, thus creating more stability- 80% of top 100 apps use 'Login with Facebook'- Many top developers have joined our 'Threat Exchange' to combat security threats, including Microsoft, Yahoo, Pinterest - Over 3B videos a day are viewed in the news feed- Will soon incorporate spherical video in the newsfeed- Adding features today to share to specific groups instead of with all your Facebook friends- Confirms over 600M MAUs for Facebook messenger - Messenger already accounts for over 10% of mobile VoIP calling globally- Introduces 'Messenger Platform'
[13:29] {dino} wday hl l .53
[13:31] {RonS} wow wday 30k block
[13:31] {RonS} actually a good sign...
[13:37] {RonS} ...or not
[13:38] {RonS} zen levitation
[13:42] {RonS} run you bastard...wday
[13:43] {RonS} sorry, you nice stock...
[13:44] {RonS} can't you feel the power of dino?
[13:44] {dino} thats pushing it
[13:46] {RonS} dino: "look into my eyes will run a buck..."
01[13:50] {@Threei}
[13:51] {RonS} nice 3i, thanks for posting
01[13:51] {@Threei}  :)
01[13:52] {@Threei}  you are not on my photoblog update e-mail list?
01[13:52] {@Threei}  tsk tsk tsk
01[13:52] {@Threei}  once a month you can handle :)
[13:52] {RonS} guess not... follow you on twitter
01[13:53] {@Threei}  gosh... I don't know why anyone would, I practically don't use that :)
01[13:53] {@Threei}  FB, I do
[13:53] {RonS} don't do fb here
01[13:54] {@Threei}  lucky you
01[13:54] {@Threei}  I wosh I could stay away from it
01[13:54] {@Threei}  i*
01[13:55] {@Threei}  [ZEN] Announces it is a partner company on Facebook's 'Business on Messenger'; Confirms online retailers Zulily and Everlane are the first two companies using the integration to support their customers
[13:57] {cosmo} Is FB addictive?
01[13:57] {@Threei}  not to me
01[13:57] {@Threei}  although some say it is
[13:57] {RonS} only if you snort it...
01[13:57] {@Threei}  lol
01[14:25] {@Threei}  LL Goldman Sachs making positive comments
[14:28] {dino} keep talking
01[14:28] {@Threei}  hehe
01[14:28] {@Threei}  "I'm sorry, we can't hire you. But your background check was hilarious."
01[14:29] {@Threei}  I bet when they discovered the radish everyone was like "Let's name it Rad!" and one guy was all "it's not that tasty, let's dial that back a bit."
[14:29] {dino} 07 green
01[14:30] {@Threei} Long Setup:  IWM  .35 break
01[14:30] {@Threei}  If holds  .25 
[14:38] {RonS} wow crude closed at 49.21
01[14:39] {@Threei}  tome for saudis to anounce production increase
01[14:39] {@Threei}  time
[14:59] {dino} wday stop
01[15:15] {@Threei} Long Setup:  VXX  .75 break
01[15:15] {@Threei}  If holds  .65 
01[15:19] {@Threei}  1:1  
01[15:25] {@Threei}  1:2  
[15:25] {RonS} a beaut
01[15:25] {@Threei}  :)
01[15:44] {@Threei}  1:3  
01[15:44] {@Threei}  out
01[15:44] {@Threei}  done for the day
01[15:44] {@Threei}  thank you all, have a good evening
01[15:44] {@Threei}  see you tomorrow