Tuesday, April 21, 2015

Apr 21 2015

Not our day today, as rinses were too frequent. Ended with nice 1:3er but still negative

Session Time: Tue Apr 21 00:00:00 2015
[09:20] {jfjf64} Mornin
01[09:21] {@Threei}  jf :)
[09:22] {drewj} hey hey hey
01[09:23] {@Threei}  drew :)
01[09:23] {@Threei}  dino missed return flight or what
[09:24] {jfjf64} Lol
[09:26] {jfjf64} Yo all good drew
[09:27] {drewj} yea
[09:27] {drewj} thanks for asking
[09:27] {drewj} they had to workon it for more than an hour
01[09:28] {@Threei}  what was the problem?
[09:28] {drewj} java
01[09:29] {@Threei}  old version?
[09:29] {drewj} no...just some mess up
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -LRCX +12% (earnings)
01[09:30] {@Threei}  -FTNT +11% (earnings)
01[09:30] {@Threei}  -MYL +11% (TEVA offered to acquire company at $82/shr)
01[09:30] {@Threei}  -ALNY +9.3% (12-month data from Phase 2 OLE study of Patisiran)
01[09:30] {@Threei}  -FEYE +4.6% (FTNT results)
01[09:30] {@Threei}  -KMB +4.4% (earnings)
01[09:30] {@Threei}  -MLNX +4.2% (earnings)
01[09:30] {@Threei}  -ARMH +4% (earnings)
01[09:30] {@Threei}  -TEVA +3.7% (confirmed proposal to acquire MYL at $82/shr)
01[09:30] {@Threei}  -SAP +2.7% (earnings)
01[09:30] {@Threei}  -BMY +2% (positive broker commentary)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -SANM -10% (earnings)
01[09:30] {@Threei}  -HOG -8% (earnings)
01[09:30] {@Threei}  -FTK -6% (guided Q1 lower than estimates)
01[09:30] {@Threei}  -ITW -4% (earnings)
01[09:30] {@Threei}  -BAM -4% (announced $1.08B equity offering; sells 17.9M shares at $56/shr)
01[09:30] {@Threei}  -UA -2.8% (earnings)
01[09:30] {@Threei}  -PRGO -2.8% (TEVA/MYL deal news)
[09:31] {drewj} hey dino
01[09:31] {@Threei}  dino caught that flight after all
[09:31] {dino} gm, guess btfd was correct move again
01[09:31] {@Threei}  it sure was
01[09:31] {@Threei} Short Setup: FB  .20 break
01[09:32] {@Threei}  If holds  .30
[09:32] {jfjf64} Ati
01[09:32] {@Threei}  Invalidated
01[09:34] {@Threei} Short Setup: FB  .30 break
01[09:34] {@Threei}  If holds  .40
01[09:34] {@Threei}  1:1
01[09:36] {@Threei} Short Setup: FB  .20 breal
01[09:36] {@Threei}  If holds  .30
01[09:36] {@Threei}  Invalidated
01[09:37] {@Threei} Long Setup:  IWM  .90 break
01[09:37] {@Threei}  If holds  .80
[09:38] {dino} wday calls bgt 4/17, sold yesterday while out, +1.00 / 19%
01[09:38] {@Threei}  sheesh
01[09:38] {@Threei}  he plays golf while making money
01[09:39] {@Threei}  or is it other way around?
[09:39] {dino} well, gtc orders always in when not around
01[09:39] {@Threei}  :)
01[09:43] {@Threei} Long Setup:  TWTR  .55 break
01[09:43] {@Threei}  If holds  .45
01[09:46] {@Threei}  IWM rinse
01[09:48] {@Threei}  no go
01[09:50] {@Threei} Long Setup:  DAL  .20 break
01[09:50] {@Threei}  ugh, late
01[09:50] {@Threei}  on pullback maybe
01[09:52] {@Threei}  in
01[09:53] {@Threei}  grrr
[09:54] {dino} cbyl spike
01[09:55] {@Threei} Long Setup:  TWTR  .40 break
01[09:55] {@Threei}  If holds  .30
[09:58] {jfjf64} Gild 70 break long
[09:59] {jfjf64} 1:1 1:2
01[09:59] {@Threei}  Invalidated
[10:02] {jfjf64} Watch hog
[10:03] {jfjf64} Dd .55 short
01[10:03] {@Threei}  .20 break long HOG
01[10:03] {@Threei}  half lot
[10:04] {jfjf64} 1:1
[10:05] {dino} pkg hl l .73
[10:06] {dino} stop is brk lod
01[10:06] {@Threei}  (GR) White House Economic Advisor Furman: Greece exiting euro zone would create very large and unnecessary risks for the global economy - Must not remain too satisfied in the face of the relative calm in financial markets despite Greece turmoil- Situation in markets could change very fast due to Greek developments, tail risks from a Greek exit include lower investment, market uncertainty
01[10:06] {@Threei}  lord... why don't you rip off that bandaid once and for all
[10:07] {dino} pkg stopped
[10:09] {dino} re-load pkg .08
[10:09] {jfjf64} Pii.55 short
01[10:09] {@Threei} Long Setup:  TWTR  .20 break
01[10:09] {@Threei}  If holds  .10
[10:10] {dino} pkg pulp
[10:14] {jfjf64} Ace 70 break s
[10:16] {dino} pkg stop .87, -.25
01[10:16] {@Threei}  TWTR is ready
[10:16] {drewj} we're due
01[10:16] {@Threei}  stop to .14
[10:17] {jfjf64} 1:3 out
01[10:17] {@Threei}  wtg
[10:19] {dino} gj
01[10:19] {@Threei}  what the deuce today
[10:21] {dino} prtk spike, extremely thin
[10:22] {jfjf64} Vltc beast
[10:22] {jfjf64} 18.00 today
[10:25] {dino} 18?
[10:25] {jfjf64} Lol maybe little to high
[10:26] {dino} you in?
[10:26] {jfjf64} Pulls bk to 13 ma I'm in
[10:26] {jfjf64} .65ish
[10:28] {dino} cp drop
[10:29] {jfjf64} .85 break
[10:29] {jfjf64} .75
[10:30] {dino} pkg sob, rinsed me an ran a buck
01[10:31] {@Threei}  TWTR goes
01[10:32] {@Threei}  a lot of rinses today
[10:33] {jfjf64} Maybe we sd all go play golf
[10:33] {dino} lol
[10:33] {jfjf64} Wow look Juno chart
[10:35] {jfjf64} Tasr .40 break
[10:35] {jfjf64} Hold 30
01[10:35] {@Threei} Short Setup: HOG  .75 break hl
01[10:36] {@Threei}  If holds  .85
01[10:37] {@Threei}  1:1
[10:37] {drewj} missed the entry
[10:37] {jfjf64} Nice
[10:42] {jfjf64} Vltc .90 long
[10:42] {jfjf64} 1:1
[10:43] {jfjf64} 1:3
01[10:43] {@Threei}  wtg
[10:43] {jfjf64} Rinsed me before
[10:44] {jfjf64} Out
[10:46] {dino} gj
[10:46] {jfjf64} Ty
[10:47] {jfjf64} If it's gonna hit 18 today it's got to go up
01[10:48] {@Threei} Long Setup:  BP  .02 break
01[10:48] {@Threei}  If holds  .95
[10:49] {dino} amot drop
[10:55] {jfjf64} .30 break vltc
[10:55] {jfjf64} Stop
[10:59] {jfjf64} Wdc 99 long
[11:02] {drewj} I really want to hold that twtr
[11:02] {drewj} looks like it could have legs
[11:04] {jfjf64} Stop.35
[11:04] {drewj} if spy would take off here both plays would do really well
01[11:06] {@Threei}  TWTR 1:2
[11:07] {drewj} come on spy
[11:07] {jfjf64} Out wdc
01[11:14] {@Threei}  half out BP
02[11:16] * Disconnected
Session Close: Tue Apr 21 11:16:48 2015

Session Start: Tue Apr 21 11:16:48 2015
Session Ident: #discussions
02[11:18] * Attempting to rejoin channel #discussions
03[11:18] * Rejoined channel #discussions
[11:23] {jfjf64} Lrcx10 break
[11:26] {jfjf64} 1:1
[11:29] {jfjf64} Feye.65 break
[11:38] {drewj} Vad long CAT here?
01[11:38] {Threei}  nah
[11:39] {dino} xon spike
[11:41] {jfjf64} Let's go feye
01[11:45] {Threei}  here goes CAT, like a stone
[11:55] {drewj} I see.  Spy is not helping much
[12:00] {jfjf64} Takin lunch
[12:01] {jfjf64} Profit session but not happy mkt
[12:01] {jfjf64} See in hour
01[12:33] {Threei}  Overnight there were reports that the ECB was studying curbs on Greek bank support via the ELA amid growing opposition to use of the facility to prop up Greece financial sector. Comments by European officials dispelled any hope that resolution would arrive at Friday's Europgroup meeting.
01[12:33] {Threei}  Markets are digesting some poor earnings from major firms this morning. Travelers is down more than 2.5% after only just meeting expectations and reporting big y/y declines in ROE. DuPont is also down more than 2.5% after revenue contracted 9% and missed expectations. IBM saw its 12th straight quarter of revenue contraction, exacerbated by lower hardware sales and the strength of the dollar.
01[12:33] {Threei}  Verizon beat expectations on the bottom line, but net subscriber wireless adds fell and revenue missed expectations. VZ bottomed out at -1.5% but is heading higher. Lockheed and UTX both missed on revenue, although Lockheed also slightly increased its FY guidance. Harley is off 8.4% after cutting its shipment guidance for the year.
01[12:34] {Threei}  After weeks of rumors, Teva launched its $40.1 billion offer for rival Mylan. The cash-and-stock bid is valued at $82/shr, a 48.3% premium compared to Mylan's stock price on March 10, the last trading before speculation of a link-up between the two companies. The contest won't likely be a friendly one
[12:54] {drewj} JPM double bottom?
[12:54] {drewj} vad
01[12:58] {Threei}  can't tell
[13:01] {drewj} vad how many of the stocks you pick are really influenced by spy?
01[13:01] {Threei}  most of them
[13:02] {drewj} I can see how that has been a big downfall in my trading
[13:02] {drewj} I have not really been using the market to make decisions the way I could
[13:34] {drewj} would you do the same thing for swing trades vad?
01[13:35] {Threei}  which thing?
[13:35] {drewj} timing with market impulses
01[13:37] {Threei}  of course
01[13:37] {Threei}  this is starndard practice, known as "rising tide lifts all the boats"
01[13:55] {Threei}  looking for BP reversal
01[14:02] {Threei} Long Setup:  BP  .60 break
01[14:02] {Threei}  If holds  .55
[14:07] {jfjf64} I'm still in
[14:07] {jfjf64} .54 line
[14:08] {jfjf64} Support
[14:08] {jfjf64} What  the hell
[14:10] {drewj} not fun today
[14:10] {jfjf64} Didn't matter
[14:11] {drewj} dino how was your golf tournament?
[14:12] {dino}  rained all day. played in it, but the rain kind of kills the fun
[14:13] {jfjf64} Pcar .30 break
[14:13] {cosmo} it beats hail
[14:13] {dino} lol
[14:13] {drewj} how did you do?
[14:17] {jfjf64} Flat pcar
[14:17] {jfjf64} No goes
[14:22] {jfjf64} 1:3 pcar
[14:22] {jfjf64} Mother f
[14:23] {drewj} too bad jf...
[14:23] {jfjf64} My own fault
[14:25] {jfjf64} My original entry was one penny from 1:1 when pullback ran like a p
[14:25] {drewj} yea I saw that.
[14:26] {drewj} bp is moving as well
[14:28] {drewj} jf are you a full time trader?
[14:32] {jfjf64} I try to be
[14:32] {jfjf64} Lol
[14:34] {jfjf64} Not easy
[14:34] {drewj} right :)
[14:34] {drewj} how long have you been doing it?
01[14:35] {Threei}  name me a business that is easy
[14:35] {jfjf64} I also sell tickets to concerts sporting events
[14:35] {jfjf64} Agree vg
[14:38] {jfjf64} Will try ocr89 short
[14:43] {jfjf64} Out flat
[14:44] {drewj} ok guys.  That's all the time I have for today.
[14:44] {dino} calling it a day. not seeing much
[14:44] {drewj} See you all tomorrow
01[14:44] {Threei}  take caredrew
[14:44] {dino} cya drew
[14:44] {drewj} thanks
[14:49] {jfjf64}  By drew
[14:50] {jfjf64} Shak short lod
[14:51] {jfjf64} .45
01[14:52] {Threei}  BP again
[14:53] {jfjf64} 61
[14:54] {jfjf64} Or66
[14:54] {jfjf64} ?
01[14:54] {Threei}  .60 break
[14:57] {jfjf64} Gild .70 break
[14:58] {jfjf64} Sad of been .60
[14:58] {jfjf64} Think chasing
[15:04] {jfjf64} Vltc maybe 17 dino
[15:04] {jfjf64} Only buck off
[15:11] {jfjf64} Ocr watchin
[15:12] {jfjf64} Sad been long 80.00
[15:12] {jfjf64} Vltc 17
[15:13] {jfjf64}  Maybe 18 today
01[15:13] {Threei}  1:1
[15:13] {jfjf64} .40 short ocr
[15:14] {jfjf64} 1:1
[15:14] {jfjf64} Vltc 18
[15:15] {jfjf64} 1:2
[15:16] {jfjf64} Go bp
[15:17] {jfjf64} 1:3
[15:17] {jfjf64} 1:4
[15:19] {jfjf64} 1:5
[15:19] {jfjf64}  Me out ocr
[15:20] {jfjf64} Bp we get by 42.80 we go
01[15:20] {Threei}  1:2
[15:21] {jfjf64} Ocr still droppin
[15:22] {jfjf64} Me out bp
[15:22] {jfjf64} Ty
01[15:22] {Threei}  :)
[15:22] {jfjf64} 18 vltc
[15:23] {jfjf64} Dino
[15:23] {jfjf64} 19
[15:24] {jfjf64} Hey bp
[15:25] {jfjf64} Throug .80
[15:25] {jfjf64} Missed that
01[15:26] {Threei}  1:3
01[15:26] {Threei}  out
01[15:26] {Threei}  finishing with good one
01[15:26] {Threei}  not going to take any more today
01[15:27] {Threei}  thank you, have a good evening, see you tomorrow!
[15:28] {jfjf64} Gn