Thursday, April 9, 2015

Apr 09 2015

Solid day, not as spectacular as yesterday but still very worth waking up for. MCD was unlikely hero of the day, giving us a few nice winning trades in both direction.

Before you move to the trading log, this bit of news about A Taoist Trader: it is available now for Kindle and other readers and devices. You will find it at


That completes publishing this book in all popular formats. First Amazon reviews  and readers' feedback started trickling down, and they are very positive. Hope you find the book useful and enjoyable as well!

Session Time: Thu Apr 09 00:00:00 2015
01[09:05] {@Threei}  drew, see pm
[09:20] {dino} gm
01[09:21] {@Threei}  dino :)
01[09:24] {@Threei}  - Greece confirms installment payment of €450M IMF Loan
01[09:24] {@Threei}  - USD continued to build on gains after Fed minutes perceived as somewhat hawkish with several members expressed support for rate liftoff in June.
[09:26] {jfjf64} Mornin all
01[09:27] {@Threei}  jf :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -NVGN +42% (positive data showing Anisina as potential new weapon against melanoma)
01[09:27] {@Threei}  -FRED +17% (March SSS)
01[09:27] {@Threei}  -EXEL +14% (FDA gave fast track designation for Cabozantinib)
01[09:27] {@Threei}  -SHI +13% (guided Q1 Net profit higher)
01[09:27] {@Threei}  -INO +8.5% (HPY immunotherapy activates robust in vivo T Cell Responses in Head & Neck cancer patients)
01[09:27] {@Threei}  -APOG +7.4% (earnings)
01[09:27] {@Threei}  -BIOS +7% (no news seen beyond being initiated Buy by a broker premarket)
01[09:27] {@Threei}  -DGLY +6% (momentum from SC shooting & subsequent comments from Mayor insisting police will be provided body cameras)
01[09:27] {@Threei}  -INFN +5.5% (made offer for TRMO.SE)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -ALTR -12% (INTC dropped takeover offer)
01[09:27] {@Threei}  -ZNGA -11% (CEO Mattrick departing; Pincus returning as CEO)
01[09:27] {@Threei}  -MEMP -5.3% (offering & price increase of 4.5M share offering)
01[09:27] {@Threei}  -BBRY -3.3% (earnings)
01[09:27] {@Threei}  -RDS.B -3% (negative broker commentary)
01[09:27] {@Threei}  -GPT -2.3% (offering price increased to $27.75/shr)
01[09:27] {@Threei}  -AA -2.5% (earnings)
01[09:27] {@Threei}  -INTC -2.5% (dropped offer for ALTR)
01[09:31] {@Threei} Long Setup:  FB  .70 break
01[09:31] {@Threei}  If holds  .60
01[09:32] {@Threei}  change to .60 break
01[09:32] {@Threei}  If holds  .50
01[09:33] {@Threei}  valid
[09:33] {jfjf64} Us
[09:34] {jfjf64} Ua
[09:34] {jfjf64} Bought 83.17
01[09:35] {@Threei}  Invalidated
01[09:36] {@Threei}  watching DAL for pullback entry
01[09:37] {@Threei} Long Setup:  DAL  .70 break
01[09:37] {@Threei}  If holds  .60
01[09:38] {@Threei}  change to .50 break
01[09:38] {@Threei}  If holds  .40
01[09:41] {@Threei}  no go
01[09:42] {@Threei}  closing gap
01[09:42] {@Threei}  should be close to reversal
01[09:42] {@Threei} Long Setup:  DAL  .40 break
01[09:42] {@Threei}  If holds  .30
01[09:44] {@Threei}  Invalidated
01[09:45] {@Threei} Long Setup:  IWM  .50 break
01[09:45] {@Threei}  If holds  .40
[09:47] {dino} ca hl l .00
[09:49] {dino} stop is lod brk
01[09:49] {@Threei}  Invalidated
01[09:50] {@Threei} Long Setup:  TWTR  .40 break
01[09:50] {@Threei}  If holds  .30
01[09:51] {@Threei}  change to .30 break
[09:51] {dino} ca stopped
01[09:51] {@Threei}  If holds  .20
01[09:51] {@Threei}  1:1
01[09:53] {@Threei}  1:2
[09:59] {dino} gj
01[10:00] {@Threei}  (US) FEB WHOLESALE INVENTORIES M/M: 0.3% V 0.2%E; WHOLESALE TRADE SALES M/M: -0.2% V 0.3%E -
01[10:00] {@Threei}  ty
01[10:00] {@Threei}  kind of hectic morning, not many plays shaped up
[10:02] {dino} same here
[10:02] {dino} not seeing anythin
[10:02] {dino} g
01[10:03] {@Threei} Long Setup:  DAL  43 break
01[10:04] {@Threei}  If holds  .90
01[10:04] {@Threei}  let's see it it's a double bottom
01[10:05] {@Threei}  change to .90 break
[10:06] {dino} whippy
01[10:06] {@Threei}  interesting drops SPY
01[10:07] {@Threei} Short Setup: TWTR  .40 break
01[10:07] {@Threei}  If holds  .50
01[10:07] {@Threei}  DAL stop to .84
01[10:08] {@Threei}  1:1  DAL
01[10:08] {@Threei}  TWTR stop to .46
01[10:09] {@Threei}  want to play it all safe
01[10:10] {@Threei}  1:1  TWTR
01[10:10] {@Threei}  1:2
01[10:10] {@Threei}  1:3
01[10:10] {@Threei}  out
01[10:10] {@Threei}  DAL stop is ,89 of course
01[10:11] {@Threei}  OK, things look nicer and nicer
01[10:11] {@Threei}  morning starts looking like worth waking up for
01[10:11] {@Threei}  that was perfect rug pull from under TWTR
[10:14] {dino} gut says, if not down soon, up we go
01[10:14] {@Threei}  mine says the same
01[10:14] {@Threei}  did they drink together or what
[10:15] {jfjf64} Dal holdin
[10:15] {jfjf64} .10
01[10:16] {@Threei}  so far so good
[10:16] {jfjf64} Will go
01[10:16] {@Threei}  if market finds balls and recovers, DAL has abother 30 cents in it easily
01[10:16] {@Threei}  maybe more
[10:17] {dino} jf, you seeing anything?
[10:18] {jfjf64} To glued to dal
[10:19] {jfjf64} Go dal
01[10:19] {@Threei}  DAL: I don't go. I fly
01[10:25] {@Threei}  or crawl
[10:26] {jfjf64} Myl Dino
01[10:26] {@Threei} Long Setup:  TWTR  .25 break
01[10:26] {@Threei}  too fast...
01[10:27] {@Threei}  ok valid again
01[10:27] {@Threei}  If holds  .15
01[10:28] {@Threei}  closed DAL
01[10:29] {@Threei}  1:1
[10:35] {dino} lower high maybe
[10:35] {jfjf64} Msm Dino
[10:36] {dino} myl hl s .72
01[10:36] {@Threei} Long Setup:  MCD  .65 break
01[10:36] {@Threei}  If holds  .55
01[10:36] {@Threei}  Invalidated
[10:37] {dino} msm sm l .02
[10:37] {jfjf64} 65 here
[10:38] {jfjf64} 69.00
[10:38] {jfjf64} Wish .65
[10:42] {dino} msm stop .68 -.34
01[10:43] {@Threei} Long Setup:  VXX  24 break
01[10:43] {@Threei}  If holds  .90
[10:43] {dino} cov myl .42, +.30
01[10:45] {@Threei}  let's see some panic since we couldn't find legs for a rally
[10:46] {jfjf64} Yes sir
[10:46] {dino} sdow l .45
01[10:47] {@Threei}  1:1
[10:48] {jfjf64} Die
[10:49] {jfjf64} 200 holdin us
[10:50] {jfjf64} Die bastards
[11:01] {jfjf64} Grub
01[11:11] {@Threei} Short Setup: MCD  .50 break
01[11:11] {@Threei}  If holds  .60
01[11:19] {@Threei}  die, you server of bad burgers
[11:19] {dino} lol
01[11:20] {@Threei}  1:1
01[11:21] {@Threei}  1:2
[11:23] {cosmo} I once heard that one of those burgers placed properly inside your catcher’s mitt will take the sting out of any fastball.
[11:24] {jfjf64} One more dive
01[11:25] {@Threei}  but imagine the stings from all the wasps it attracts
[11:26] {cosmo} nope...wasps know better
01[11:26] {@Threei}  lol
01[11:26] {@Threei}  good point actually
01[11:26] {@Threei}  1:3
01[11:27] {@Threei}  ok, alternative scenario: wasps are attracted by the scent, but when they actually try it they are disappointedm angry and take it out on you
[11:28] {cosmo} hold the fries and that wont be a problem
[11:28] {jfjf64} Ty mcd
01[11:29] {@Threei}  :)
[11:34] {dino} sdow3 stop flat
[11:39] {dino} rti l .29
[11:51] {jfjf64} Fb 10 break ?
01[11:58] {@Threei}  I like
01[11:58] {@Threei}  (when I am awake)
[12:05] {dino} out rti ave .56, +.27. puts me back in black today
01[12:06] {@Threei}  wtg
[12:06] {dino} opps, +.26
01[12:06] {@Threei}  1:1  FB
01[12:06] {@Threei}  oh, that changes everything
[12:06] {dino} by $10
[12:08] {dino} taking 90 minute break, have to move $$ around for foreclosure bid/proof of funds
01[12:18] {@Threei}  Decent German economic data and Greece making its much-anticipated IMF debt payment earlier today helped European indices gain more than 1.0% a piece in today's session, while Japan and Hong Kong indices closed at multi-year highs.
01[12:19] {@Threei}  Crude prices saw a brief move higher during the European session as Iran Supreme Leader Khamenei responded to the terms of the nuclear deal with the P5+1 powers for the first time. Khamenei neither endorsed nor condemned the deal as structured, however he reiterated his stance that sanctions must be lifted all at once on the same day the deal is signed, clashing with western demands that sanctions are only withdrawn after compliance verification.
01[12:19] {@Threei}  Iran President Rouhani endorsed Khamenei's position. WTI is back around $50.70 and Brent is around $56.80 as of writing.
01[12:30] {@Threei}  1:2
01[12:46] {@Threei}  forgot to post... FB touched 1:3
[12:48] {jfjf64} Don't worry bout it pal
01[12:49] {@Threei}  ty, I won't
01[12:50] {@Threei}  I was too distracted by the vision of dino shuffling money around
01[12:50] {@Threei}  taking piles from left drwaer, moving it to the right one
[12:50] {jfjf64} Lol
01[12:51] {@Threei}  also, in my mind he was a female, blond, and did it in slo mo, while rain was falling dpwn on him (her) and money
01[12:52] {@Threei}  now you can see why I was distracted
[13:07] {jfjf64} Tlt bounce here
[13:36] {jfjf64} Forgot to post tlt 1:3 and moving
01[13:37] {@Threei}  wtg
[13:37] {jfjf64} Lol
[13:37] {jfjf64} Didn't play it
[13:37] {dino} .
[13:38] {dino} bita all over the tape today
[13:39] {jfjf64} Fb bounce here
[13:42] {jfjf64} I'm in 86
[13:44] {jfjf64} Altr ton call buying
[13:45] {jfjf64} 1:1
[13:46] {jfjf64} Ua like for run up
[13:57] {dino} myl hl s .75
01[14:02] {@Threei} Short Setup: FB  .80 break
01[14:09] {@Threei}  ok FB
01[14:10] {@Threei}  let's roll over and die
[14:12] {jfjf64} Wants low
01[14:13] {@Threei}  and we are in full agreement... we want the same
[14:20] {dino} myl stop -.26
[14:23] {dino} rinsed
01[14:36] {@Threei}  no go
[15:03] {dino} wba spike
[15:03] {dino} sm s .77
[15:04] {dino} stopped -.45
[15:05] {dino} reload s .25
01[15:05] {@Threei} Long Setup:  MCD  .35 break
01[15:05] {@Threei}  .c .25
01[15:05] {@Threei}  If holds  .25
01[15:12] {@Threei}  1:1
01[15:13] {@Threei}  1:2
01[15:13] {@Threei}  good girl
01[15:13] {@Threei}  even though burgers are horrible
01[15:13] {@Threei}  jf be crying
[15:13] {dino} gj
[15:13] {drewj} I like the burgers
01[15:13] {@Threei}  ty
01[15:18] {@Threei}  we won't hold it against you, drew... after all, nobody's perfect
[15:18] {drewj} Thanks
[15:18] {dino} hate to say it, but i like the quarter pounder w/cheese
[15:19] {drewj} Exactly...
01[15:19] {@Threei}  as we found out todaym dino is female blond who likes to move money from one drwaer to another in a wet t-shirt
[15:19] {dino} wba cover .40, +.85
01[15:19] {@Threei}  after this, it's difficult to hold anything against anyone
01[15:19] {@Threei}  wtg
[15:20] {dino} if i was a female blonde in wet t-shirt, everybody here would want to hold against me.
01[15:21] {@Threei}  hmmm... I guess
01[15:21] {@Threei}  piles of money in the drawers would hurt either
01[15:35] {@Threei} Long Setup:  VXX  .40 break
01[15:36] {@Threei}  If holds  .30
01[15:44] {@Threei}  Invalidated
01[15:44] {@Threei}  and no time left for more
01[15:44] {@Threei}  decent day
01[15:44] {@Threei}  thank you all, have a good evening
01[15:44] {@Threei}  see you tomorrow
[15:53] {dino} gn all