Beautiful day with many strong juicy trades and just one stop.
Session Time: Thu Apr 23 00:00:00 2015
[09:16] {drewj} Morning guys
[09:17] {dino} gm all
[09:17] {dino} drew you missed the classic spike on hiring investment bankers for ocr at 3:30 yesterday. i shorted it for $1.20
[09:18] {drewj} that sounds really interesting
[09:18] {drewj} i'll check it out
01[09:18] {@Threei} drew, dino :)
01[09:19] {@Threei} and jf got it long for a few bucks
[09:20] {dino} yeah, we hit that one hard
[09:20] {drewj} Man that was some spike
[09:20] {dino} 3i, guess what i awoke to this morning...snow covering the lawn.
01[09:21] {@Threei} oh boy
[09:21] {drewj} depressing
[09:21] {drewj} no snow here
[09:22] {drewj} had some flakes in the afternoon yesterday
[09:22] {dino} never ends
01[09:31] {@Threei} Upside:
01[09:31] {@Threei} -ARRS +20% (PIC.UK recommends combination)
01[09:31] {@Threei} -DNKN +9.0% (earnings)
01[09:31] {@Threei} -SKX +6.9% (earnings)
01[09:31] {@Threei} -CYTX +6.3% (reports Preclinical and Mechanistic Data Supporting Use of Cytori Cell Therapy in Wounds Combining Thermal Burn and Radiation Exposure)
01[09:31] {@Threei} -SQM +5.4% (CEO said to resign)
01[09:31] {@Threei} -EBAY +4.6% (earnings)
01[09:31] {@Threei} -NCR +4.3% (said to consider strategic options including divestitures, buyback, dividend)
01[09:31] {@Threei} -ORLY +3.9% (earnings)
01[09:31] {@Threei} -CAT +3.7% (earnings)
01[09:31] {@Threei} -PII +3.7% (earnings)
01[09:31] {@Threei} -SWK +3.6% (earnings)
01[09:31] {@Threei} Downside:
01[09:31] {@Threei} -MOBL -33% (preliminary earnings)
01[09:31] {@Threei} -ERIC -12% (earnings)
01[09:31] {@Threei} -TXN -9.2% (earnings)
01[09:31] {@Threei} -SNE -6.7% (raises FY14/15 guidance)
01[09:31] {@Threei} -PHM -5.0% (earnings)
01[09:31] {@Threei} -PBR -4.5% (earnings)
01[09:31] {@Threei} -LVS -4.4% (earnings)
01[09:31] {@Threei} -MMM -2.8% (earnings)
01[09:31] {@Threei} -GM -2.7% (earnings)
01[09:31] {@Threei} -FCX -2.7% (earnings)
[09:32] {jfjf64} Skx spike
01[09:32] {@Threei} Long Setup: LVS .60 break
01[09:33] {@Threei} If holds .50
01[09:33] {@Threei} Invalidated
01[09:35] {@Threei} Long Setup: FB 84 break
01[09:35] {@Threei} Invalidated
01[09:36] {@Threei} Short Setup: FCX .10 break
01[09:36] {@Threei} If holds .20
01[09:37] {@Threei} 1:1
01[09:38] {@Threei} 1:3
01[09:39] {@Threei} out
[09:39] {jfjf64} Ty
01[09:39] {@Threei} yw
[09:39] {dino} cavm?
01[09:40] {@Threei} no fresh news
01[09:43] {@Threei} wow FB
[09:44] {drewj} dino what percentage drop are you looking for?
01[09:46] {@Threei} Russian Defense Ministry: US troops are present in conflict zone in eastern Ukraine
01[09:46] {@Threei} imbecile
01[09:47] {@Threei} Short Setup: FB ,90 break
01[09:47] {@Threei} If holds 85
01[09:47] {@Threei} Invalidated
[09:48] {dino} 4%+
[09:49] {drewj} ty
[09:51] {dino} cavm sm l .03
01[09:51] {@Threei} Long Setup: LVS .50 break
01[09:51] {@Threei} If holds .40
01[09:52] {@Threei} Invalidated
[09:54] {dino} cavm out .52, +.49
[09:54] {jfjf64} Nice
[09:54] {dino} ty
[09:55] {jfjf64} Pep .85 short
[09:55] {dino} espr spike
[09:56] {jfjf64} Invalid
01[09:58] {@Threei} visual: http://tradinglog.realitytrader.com/2015/04/apr-23-2015.html
[09:59] {jfjf64} Nice
[10:00] {dino} cavm hl l .21
01[10:00] {@Threei} March New Home Sales 481K v 515KE
01[10:01] {@Threei} Short Setup: FB .50 break
01[10:01] {@Threei} If holds .60
01[10:02] {@Threei} 1:1
[10:03] {dino} out cavm .51, +.30
[10:03] {jfjf64} Nice dino
[10:04] {dino} tso gap fill
[10:05] {dino} ty
[10:05] {jfjf64} Tso short 90 break
[10:05] {jfjf64} 1:1
01[10:06] {@Threei} 1:2
[10:08] {dino} gj, i was thinking long
01[10:08] {@Threei} 1:3
[10:08] {dino} gj vad
01[10:08] {@Threei} ty
[10:08] {jfjf64} Ty vg out
01[10:09] {@Threei} yw
[10:09] {jfjf64} Keep it coming boss
01[10:09] {@Threei} btw, don;t tell anyone guys... but nemo's situation slowly clears up, should be back with us soon
[10:09] {jfjf64} Nice
[10:11] {jfjf64} Two puttin base in now dino
[10:11] {jfjf64} Tso
[10:12] {jfjf64} Pep break lod
[10:12] {jfjf64} .85
[10:12] {jfjf64} Hold .95
[10:13] {dino} good to hear 3i.
[10:13] {dino} tso hl l .75
[10:13] {dino} stop .48
[10:14] {jfjf64} Invalid pep
[10:14] {dino} lfc hl l .22
[10:15] {dino} lfc stop .98
[10:16] {dino} nord spike
[10:16] {dino} tso stopped
[10:17] {jfjf64} Tel .75 break short
[10:17] {dino} asps luv
[10:18] {jfjf64} 1:1
[10:20] {dino} gj
06[10:20] * @Threei slaps nemo around a bit with a greeting banner
[10:21] {nemo} hi
01[10:21] {@Threei} hey :)
[10:21] {nemo} hello
[10:21] {jfjf64} Memo welcome bk
[10:21] {jfjf64} Lol
[10:21] {jfjf64} Nemo
[10:22] {nemo} I'm in and out...really busy as a matter of fact I'm going to quit and comeback...MIRC screwing with the computer....something weird going on
[10:23] {dino} welcome back nemo
01[10:24] {@Threei} mib, see private message
01[10:24] {@Threei} Long Setup: FB .70 break
01[10:24] {@Threei} If holds .60
01[10:24] {@Threei} 1:1
[10:24] {dino} cavm hl l .94
[10:25] {jfjf64} Tso stopped you out Dino?
[10:25] {dino} yes .48
[10:26] {dino} report looked fine
[10:31] {jfjf64} Likin zmh
[10:31] {dino} tso hl l .65
[10:32] {jfjf64} Ctxs l .30
[10:34] {jfjf64} 1:2
[10:34] {dino} gj
[10:34] {drewj} Dino so when you see the 4% drop on the scanner do you go check the news?
[10:34] {dino} yes
[10:34] {drewj} Or will you trade it just based on the chart?
[10:35] {dino} my platform has news right with the drop, so i look at it
[10:35] {dino} out .90, tso, +.25
[10:36] {dino} chart is the idea, then look for news, then trade chart if news is nothing or imo meaningless
[10:36] {jfjf64} Nice dino
[10:37] {dino} scanners pick up the spike/drop, chart confirms it, news to decide action, then chart to committ
[10:37] {dino} nord feels like one more spike coming
[10:38] {dino} giddy-up ua
[10:38] {dino} welcome back nemo
[10:38] {nemo} hi dino
[10:39] {dino} missed ya buddy, hope all is well
[10:39] {nemo} life in a very busy period
01[10:39] {@Threei} is mirc OK now?
[10:40] {nemo} yeah, computer developed a helluva load I couldn'
[10:40] {nemo} pinpoint so rebooted
[10:44] {drewj} dino if the news is meaningless you trade it?
[10:45] {drewj} and avoid bigger stuff?
[10:45] {dino} meaningless or non-existant yes. not sure what you are asking on avoid bigger stuff
[10:45] {jfjf64} Bax .75 break
[10:46] {drewj} bigger stuff = more meaning
[10:46] {drewj} I get it though
[10:46] {dino} ahh, yes. i'm not much of a momo trader
[10:46] {drewj} you trade random spikes...
[10:46] {dino} yes
[10:47] {drewj} momo is another world
[10:47] {dino} there are "better worlds"
[10:48] {dino} thats my edge
[10:48] {jfjf64} 1:1
[10:48] {drewj} what are better worlds?
[10:48] {dino} dark towers/stephen king. for trading means better stocks
[10:48] {dino} i stay away from the crowds
[10:49] {jfjf64} 1:2
[10:49] {dino} gj
[10:50] {jfjf64} Ty
[10:51] {jfjf64} 4-0 today most 1:2 though
[10:51] {jfjf64} Big one coming
[10:51] {dino} nice
[10:51] {dino} 3/4 w/2 still open
[10:52] {jfjf64} Nice
[10:52] {jfjf64} Wish I was in this dnkn
[10:52] {jfjf64} Came on scanner ignored
[10:53] {jfjf64} At 10:37
[10:53] {dino} mdso spike
[10:58] {jfjf64} Had feelin wd test 54 round #
[10:59] {dino} tso dropping again
[10:59] {dino} dplo spike
[11:02] {drewj} dino do you follow the same process for you options plays?
01[11:03] {@Threei} Long Setup: LVS .60 break
01[11:03] {@Threei} If holds .50
[11:03] {dino} to find ideas yes. but the options are based on over-reactions in my opinion, on a swing basis
[11:05] {drewj} so same process but different news based decisions?
[11:05] {nemo} NSC at resistance on hourly
[11:06] {dino} yea
[11:06] {jfjf64} Mdso getting over bought ready
01[11:07] {@Threei} 1:1
01[11:07] {@Threei} 1:2
[11:07] {jfjf64} Let's get hod vg
[11:07] {drewj} what is it about the news that's differnt?
[11:08] {jfjf64} Here we go
[11:09] {dino} options, i look at good news with stock knocked down couple points. then buy calls
[11:10] {jfjf64} 1:4 vg out
01[11:11] {@Threei} 1:3
01[11:11] {@Threei} 1:4
[11:11] {drewj} So you are using Vad's divergence stuff
01[11:11] {@Threei} out
[11:11] {jfjf64} 1:4 vg
[11:12] {jfjf64} All these wins can't count
[11:12] {jfjf64} No?
01[11:13] {@Threei} ?
[11:14] {jfjf64} Lvs as high as 1:4
[11:14] {jfjf64} I'm sorry
[11:15] {jfjf64} You were writing in green now blue
01[11:15] {@Threei} оч
01[11:15] {@Threei} oh
01[11:16] {@Threei} green is scripted message
01[11:16] {@Threei} I have those up to 1:3, the reast is manually typed
[11:16] {jfjf64} No prob keep winning I'll fig out
[11:18] {dino} lol
[11:18] {dino} vltc knocked down
[11:19] {jfjf64} Hmm cat good earnings gettin spanked
[11:21] {jfjf64} .75 short cat
[11:21] {jfjf64} Break
[11:21] {jfjf64} 1:1
[11:22] {dino} added cat calls
[11:22] {jfjf64} 1:2
[11:22] {nemo} cat pivot .30
[11:22] {jfjf64} Ty nemo
[11:23] {jfjf64} 1:3
[11:23] {dino} gj
[11:24] {jfjf64} Stop .55
[11:24] {jfjf64} 1:4
[11:24] {nemo} keep ebay on radar earnings beat but...
[11:25] {jfjf64} Out
[11:27] {dino} brb
[11:28] {jfjf64} Skx wanted at .25
[11:29] {jfjf64} Will get bk up to hod
[11:29] {jfjf64} Imo
01[11:33] {@Threei} FB
01[11:33] {@Threei} FB Hearing chatter that AlphaOne's Dan Niles has now sold out of stake
01[11:33] {@Threei} Long Setup: FB .40 break
01[11:33] {@Threei} If holds .30
01[11:34] {@Threei} heavy
01[11:34] {@Threei} on CNBC soon
01[11:35] {@Threei} 1:1
[11:35] {jfjf64} Our heavy lifting over
[11:36] {jfjf64} Love getting those 1:1
[11:36] {jfjf64} House money now
01[11:36] {@Threei} yup
01[11:36] {@Threei} take risk and stress off one's shoulder
01[11:36] {@Threei} s
[11:36] {jfjf64} Basically what it comes down to
[11:37] {jfjf64} Only way to trade
[11:37] {jfjf64} See no stress
[11:37] {drewj} That's how I need to think
[11:37] {drewj} that and my 4
[11:38] {drewj} 4-7-8 breathing
01[11:38] {@Threei} 1:2
[11:38] {jfjf64} Follow vg rule
01[11:38] {@Threei} you tried that drew?
[11:38] {drewj} yes
01[11:38] {@Threei} how does it feel?
[11:38] {drewj} Watched Dr. Weil
[11:38] {jfjf64} 478
[11:38] {drewj} i like it
01[11:38] {@Threei} 1:3
01[11:38] {@Threei} me out
01[11:38] {@Threei} beautiful day
[11:39] {drewj} focus on longer breaths out
[11:39] {jfjf64} Meout
[11:39] {jfjf64} Scary day sir
[11:40] {jfjf64} Im5-0. Vg 5-0
[11:40] {jfjf64} Me going to lunch
[11:41] {jfjf64} Skx I'm in
[11:42] {jfjf64} My swing
[11:43] {jfjf64} Len getting smashed
[11:43] {jfjf64} Cat smashed
[11:44] {dino} len, that just off of sales? or phm
[11:47] {jfjf64} No idea
[11:47] {drewj} what is the panic button on logix for?
[11:47] {dino} sym?
[11:48] {jfjf64} When ya hit it little man pops out smacks ya in head
[11:48] {drewj} lol
[11:48] {dino} logix what symbol?
[11:48] {drewj} can i hit someone else with it?
[11:48] {jfjf64} R spike
[11:48] {jfjf64} All time high
[11:48] {drewj} it's on the queries tab
[11:49] {jfjf64} Sells you out of all positions
[11:49] {drewj} ty
[11:50] {jfjf64} K guys I'm out see all later
[11:50] {dino} mhk drop
[11:50] {dino} cya jf
[11:50] {dino} gfj
[11:53] {dino} tso sm l .20 ave
[11:56] {dino} hard to keep this bull market down
[11:57] {drewj} it's never going to end right
01[11:57] {@Threei} nope
01[11:57] {@Threei} it will go up forever
[11:57] {dino} 20k it wants
01[11:58] {@Threei} and when we reach the limits of the Solar system, we will break out in open space
01[11:58] {@Threei} tie me to the mast, and beyond the outer limits we go
[11:59] {dino} qe to infinity and beyond
[12:00] {dino} tso stopped, .82 -.38
[12:01] {nemo} ebay didn't really move up in that pop
[12:01] {dino} taking a break
[12:02] {nemo} this index action could be just a stop run...how it closes, we'll know
[12:03] {nemo} Qs on the verge of an all-time closing high
[12:03] {nemo} the NAS that is
01[12:08] {@Threei} Unlike the big improvement in yesterday's March existing home sales, today's March new home sales data was disappointing. Existing home sales had bounced higher off the weather-impacted February numbers, but the March new home sales declined more than 10% from February's total
01[12:09] {@Threei} There has been a raft of dicey Greece headlines heading into Eurogroup meeting on Friday. A Greek official claimed a deal was very close and that no "plan B" was under discussion. One notable report suggested that a potential deal may involve Greece requesting that the ESM facility be used to buy Greek government bonds held by the ECB, with the resulting proceeds used to pay for debt redemptions over the summer.
[12:10] {nemo} EBAY looks short, just don't like time of day
[12:11] {nemo} appl about to pop
[12:11] {nemo} earnings Monday night
[12:35] {jfjf64} I miss anything
01[12:36] {@Threei} no
[12:37] {jfjf64} Dtv gonna go
[12:39] {jfjf64} R also
01[12:44] {@Threei} mib, see private message
01[12:45] {@Threei} Long Setup: VXX .97 break
01[12:45] {@Threei} If holds .92
01[12:45] {@Threei} just a scalp most likely
01[12:45] {@Threei} we got our dose of 1:3ers for this morning :)
[12:54] {jfjf64} R going
[12:54] {jfjf64} Almost .50 cents
[12:54] {jfjf64} Didn't play
[12:55] {jfjf64} Dtv would of been stop
[12:59] {dino} .
01[13:05] {@Threei} nemo, you were rigth on EBAY
[13:06] {nemo} yeah, still weak, if market comes in it'll tank
[13:06] {nemo} missed FB, was looking at it, then boom
01[13:06] {@Threei} yes, nice saupport at .50 to break
01[13:08] {@Threei} The Moscow Times: Russian TV reporter starts new fire for film report about devastating wildfires
01[13:08] {@Threei} sounds about right
01[13:09] {@Threei} Short Setup: EBAY .50 break
01[13:09] {@Threei} If holds .60
[13:11] {nemo} resistance could go to .70 area
01[13:11] {@Threei} Invalidated
01[13:11] {@Threei} for now
[13:14] {nemo} IWM on a tear
[13:22] {nemo} IWM gap fill
[13:27] {nemo} here's scary part, holding .70 makes .75 break a valid long
[13:27] {nemo} ebay
01[13:30] {@Threei} Short Setup: EBAY .70 break
01[13:30] {@Threei} If holds .80
[13:32] {dino} out lfc from morning, .68, +.46
[13:33] {nemo} CAT
[13:33] {nemo} if can't get above VWAP short
[13:40] {nemo} SPY @support
01[13:45] {@Threei} half out VXX
01[13:50] {@Threei} stop to .96
[13:52] {dino} still snow flurries here
01[13:53] {@Threei} 1:1 EBAY
[14:00] {dino} damn uri, had bid in for calls yesterday, didn't fill
[14:09] {Chaeron} boo
[14:10] {dino} hey chaeron
[14:10] {Chaeron} hey dino, everyone
01[14:11] {@Threei} chaeron :)
[14:24] {dino} anip spike
[14:24] {dino} chke drop
[14:41] {dino} data spike
[14:42] {drewj} data earnings?
[14:45] {dino} none i see
[14:46] {drewj} so with no news is it a candidate?
[14:52] {dino} unless earnings tonight
[14:53] {dino} earnings 5/7
[14:55] {dino} data careful on, personality is pulp
[14:57] {drewj} sorry what? personality?
[15:00] {dino} chtr spike
[15:00] {dino} yes personality. stocks trade in personalities. data is a pulp type
[15:00] {dino} msft is thick, some are thin, etc
[15:02] {drewj} does that mean larger swings?
[15:02] {drewj} on data?
[15:04] {dino} pulp moves baby, jerry seinfeld. means a stock is going fast/or gapping
[15:05] {drewj} :)
[15:12] {dino} data smr s .48
01[15:13] {@Threei} you've gotta be kidding me
[15:13] {dino} ?
01[15:13] {@Threei} never mind... :)
01[15:14] {@Threei} mib, look private message!
01[15:15] {@Threei} Long Setup: FB .10 break
01[15:15] {@Threei} If holds 83
01[15:18] {@Threei} no go
01[15:19] {@Threei} first stop today
[15:22] {dino} cov data .06, +.42
[15:23] {dino} wes drop
[15:25] {dino} ty
[15:28] {dino} lol
01[15:33] {@Threei} Long Setup: FB .70 break
01[15:33] {@Threei} If holds .60
01[15:33] {@Threei} trying for double bottom
[15:33] {nemo} aapl letting go indexes coming in
01[15:35] {@Threei} 1:1
01[15:36] {@Threei} 1:2
[15:37] {dino} gj
01[15:38] {@Threei} ty
[15:41] {nemo} MSFT GOOG AMZN SBUX earnings after bell
[15:48] {dino} sgc drop
01[15:51] {@Threei} thank you all, wonderful day we had
[15:51] {dino} gn
01[15:51] {@Threei} have a great evening, see you tomorrow!
[15:52] {dino} i like that sgc for bounce but no time left
[15:53] {dino} may go 18.30 supp
[15:55] {dino} not mess ing w/it. calling it a day. gn all
