Friday, April 10, 2015

Apr 10 2015

About flat day, as market lost drive and direction. Can't complain about the week though, as our string of winning days continues uninterrupted for at least two weeks.

Session Time: Fri Apr 10 00:00:00 2015
[09:16] {dino} gm
01[09:17] {@Threei}  dino :)
[09:17] {jfjf64} Morni
[09:17] {drewj} Gm
01[09:18] {@Threei}  jf, drew :)
01[09:18] {@Threei}  Upside:
01[09:18] {@Threei}  -QTM +20% (prelim earnings)
01[09:18] {@Threei}  -EXL +15% (being acquired by Blackstone for $15.85/shr)
01[09:18] {@Threei}  -VLTC +10% (no news seen)
01[09:18] {@Threei}  -CBMX +7% (announced NEJM supports importance of follow-up diagnostic testing following positive noninvasive prenatal screening)
01[09:18] {@Threei}  -GE +6.5% (confirmed selling GE Capital)
01[09:18] {@Threei}  -HZNP +4.3% (received FDA fast track designation for ACTIMMUNE)
01[09:18] {@Threei}  -GFI +4.2% (reportedly comes to agreement to increase average annual wages by 10% over 3 years)
01[09:18] {@Threei}  -RT +2.8% (earnings)
01[09:18] {@Threei}  -NFLX +2.7% (positive broker commentary)
01[09:18] {@Threei}  -TKMR +2.7% (FDA modified partial hold on RKM-Ebola IND)
01[09:18] {@Threei}  -CMG +2.5% (no news seen)
01[09:19] {@Threei}  Downside:
01[09:19] {@Threei}  -MDCO -6.4% (guided Q1 Rev lower)
01[09:19] {@Threei}  -ANGO -6% (re-entering embolization market; announced worldwide agreement with EmboMedics Inc)
01[09:19] {@Threei}  -CTXS -6% (reported prelim earnings)
01[09:19] {@Threei}  -FIS -3.5% (guided Q1 lower)
01[09:19] {@Threei}  -AZN -2.3% (FDA staff: there is data that shows higher risk of all cause mortality associated with Onglyza)
01[09:19] {@Threei}  -EXTR -25% (preliminary results)
[09:21] {dino} so imelt is dismantling all that jack built. so much for jack the genius. his ge capital just about killed the company
01[09:21] {@Threei}  yeah
01[09:21] {@Threei}  always hated that monster
[09:22] {dino} but what a waste of shareholder funds on a $50 billion buyback. these buybacks kill me. they decide to buy stock high and issue it low
[09:22] {dino} give the $$$4 to the shareholders
01[09:32] {@Threei} Short Setup: FB  .50 break
01[09:32] {@Threei}  If holds  .60
01[09:34] {@Threei}  1:1
01[09:34] {@Threei}  1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei}  yw
01[09:35] {@Threei}  closed in a trail
[09:36] {jfjf64} Me also
01[09:38] {@Threei} Long Setup:  IWM  .40 break
01[09:39] {@Threei}  If holds  .30
01[09:40] {@Threei}  1:1
01[09:41] {@Threei} Long Setup:  FB  .50 break
01[09:41] {@Threei}  If holds  .40
01[09:42] {@Threei}  .60 break sholuld send it to stratospere
01[09:43] {@Threei}  no go
01[09:44] {@Threei} Long Setup:  TWTR  52 break
01[09:44] {@Threei}  If holds  .90
01[09:45] {@Threei}  Invalidated
01[09:47] {@Threei} Long Setup:  TWTR  .90 break
01[09:47] {@Threei}  If holds  .80
01[09:48] {@Threei}  change to .85 break
01[09:49] {@Threei}  Invalidated
01[09:49] {@Threei} Long Setup:  EBAY  .30 break
01[09:49] {@Threei}  If holds  .20
[09:53] {dino} wba hl s .50
[09:57] {dino} cov wba ave .13, +37
01[09:57] {@Threei}  wtg
[09:57] {dino} ty, bstop slippage was at .09
[09:58] {jfjf64} Baba l .50
01[09:59] {@Threei}  no go
[10:01] {jfjf64} 1:2
01[10:03] {@Threei} Long Setup:  CAT  .20 break
01[10:03] {@Threei}  If holds  .10
01[10:09] {@Threei}  1:1
01[10:10] {@Threei}  CAT used to be much faster
01[10:10] {@Threei}  but whatever
01[10:24] {@Threei}  1/4 more out
[10:24] {dino} gj
01[10:24] {@Threei}  1:2
01[10:24] {@Threei}  ty
01[10:25] {@Threei}  1:3
[10:25] {jfjf64} Go pussy
01[10:25] {@Threei}  out
01[10:25] {@Threei}  lol jf
[10:34] {dino} ?jf?
01[10:35] {@Threei}  EBAY rinsed... somg
01[10:35] {@Threei}  jf talks to CAT, dino
[10:36] {dino} ahhh, didn't know where to go w/that
[10:37] {jfjf64} Ip
[10:37] {jfjf64} Takin stap short
[10:38] {dino} wow vxx, hmmm, expiratioon next week.
01[10:39] {@Threei}  so, if market continues eternal climb, does VXX goe negative?
[10:39] {cosmo} vxx might need a bail in
[10:40] {jfjf64} 1:1
[10:40] {jfjf64} 1:2
[10:41] {jfjf64} 1:3
[10:42] {jfjf64} 1:4
[10:43] {jfjf64} Holdin little piece stop.14
[10:44] {jfjf64} Out
01[10:44] {@Threei}  nice
[10:44] {jfjf64} It's the pussy talkin to me
[10:44] {jfjf64} Meow
[10:45] {dino} wtg
[10:46] {jfjf64} Medco
[10:46] {jfjf64} Mdco like base
[10:47] {jfjf64} .25
[10:48] {jfjf64} 12 strongsupport
[10:50] {dino} jf, you left too early yesterday, vad hit a nice one and i took .85 out of wba short
[10:53] {jfjf64} Laptop went dead that I use for room. WBA was very good to us yesterday     Vg loves doing that to me he looks straight hard for plays when I step out
01[10:53] {@Threei}  lol
[10:54] {jfjf64} Grap some mdco
[10:54] {jfjf64} IMO
[10:55] {jfjf64} Maybe little plunk
[10:55] {jfjf64} Pullbk
[10:56] {jfjf64} Think will bust  hod
01[10:56] {@Threei} Short Setup: DAL  .15 break
01[10:56] {@Threei}  If holds  .25
[11:14] {jfjf64} Have to run to doctors
[11:14] {jfjf64} 12 clock appt
[11:15] {jfjf64} My stop is 28.00 even on mdco
01[11:15] {@Threei}  leave the login to your trading account
01[11:15] {@Threei}  it'll be safe with us
[11:15] {jfjf64} K
01[11:16] {@Threei}  other than buying 1000 shares of GOOG, we won't do much
[11:19] {jfjf64} Missed alert on scanner ctrp at 10:31
01[11:20] {@Threei} Short Setup: ALTR  .50 break
01[11:20] {@Threei}  If holds  .60
[11:21] {jfjf64} Stopped mdco
[11:22] {jfjf64} Piece of shit
01[11:29] {@Threei}  die already DAL
01[12:25] {@Threei}  Preorder for the Apple Watch sold out quickly on day one of sales for Cupertino's new gadget. The first deliveries are expected on April 24th, the same day that sales begin at Apple Stores. Analysts are still somewhat skeptical of the watch, as many assume preorders were driven mainly by enthusiasts.
01[12:26] {@Threei}  no kidding... what a piece of crap
01[12:26] {@Threei}  In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a SIFI. GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion.
01[13:18] {@Threei} Short Setup: MCD  .30 break
01[13:18] {@Threei}  If holds  .40
[13:34] {dino} 3i, what do you make of this market? continue up? 20k magnet?
01[13:34] {@Threei}  certainly feels this way
01[13:35] {@Threei}  what I see everywhere is what I saw for a few years already:
01[13:35] {@Threei}  everyone expects a reversal and rop,
[13:35] {dino} all i can guess is that w/zirp here, europe, and china easing, don't fight it
01[13:35] {@Threei}  everyone forecasts it,
01[13:35] {@Threei}  yet market holds, climbs...
01[13:35] {@Threei}  that's not a reversal scenario
01[13:36] {@Threei}  that's sodomizing bears again and again scenario
[13:36] {dino} bohica huh
01[13:36] {@Threei}  yeah
[13:54] {jfjf64} What happening boys
[13:57] {dino} nada
01[13:58] {@Threei}  not much jf
01[13:58] {@Threei}  this time you got lucky :)
[13:58] {jfjf64} Lol
01[13:58] {@Threei}  we are in MCD short
01[13:58] {@Threei}  but it doesn't do much
[13:59] {dino} debating whether or not to get rid of my uri calls, but chart looks good
[13:59] {jfjf64} Vltc
[14:00] {jfjf64} .20
[14:02] {jfjf64} You bought today
[14:11] {dino} no 3/27
01[14:13] {@Threei} Short Setup: ALTR  44 break
01[14:14] {@Threei}  If holds  .10
01[14:14] {@Threei}  Invalidated
01[14:18] {@Threei}  valid again
[14:20] {jfjf64} Like10 break
[14:46] {dino} calling it a week. slow today, but overall a good week
01[14:47] {@Threei}  good one here too
01[14:47] {@Threei}  today is questionable though
[14:48] {jfjf64} Have good weekend Dino
[14:56] {jfjf64} Wow cat
01[15:03] {@Threei} Long Setup:  DAL  .25 break
01[15:03] {@Threei}  If holds  .15
[15:32] {drewj} Ok Vad....I've got to go.
01[15:33] {@Threei}  see you monday
[15:33] {drewj} Thanks for everything.
01[15:33] {@Threei}  have a great weekend
[15:33] {drewj} Sounds good.  Have a good weekend.
[15:33] {jfjf64} Ty