Monday, May 18, 2015

May 18 2015

As customary of late - nice profitable morning, back and forth afternoon. Couple juicy wins made the day, finished with scalp too.


Session Time: Mon May 18 00:00:00 2015
[09:03] {chasj} Great to be back, had to travel and take care of some family business.
01[09:04] {@Threei}  morning chas
01[09:04] {@Threei}  was a decent week
[09:04] {chasj} Missed some good early morn trades
01[09:05] {@Threei}  that's OK... we will get more
[09:08] {drewj} gm
01[09:08] {@Threei}  drew :)
01[09:30] {@Threei}  (GR) Reportedly EU Commission to offer Greece a compromise deal
01[09:31] {@Threei} Long Setup:  IWM  .35 break
01[09:32] {@Threei}  Invalidated
01[09:32] {@Threei} Long Setup:  FB  .50 break
01[09:32] {@Threei}  If holds  .40
01[09:33] {@Threei}  change to .40 break
01[09:33] {@Threei}  If holds  .30
01[09:34] {@Threei}  1:1
[09:36] {jfjf64} Baba s lod
01[09:36] {@Threei} Long Setup:  IWM  .35 break
01[09:36] {@Threei}  If holds  .25
01[09:37] {@Threei}  1:1
01[09:38] {@Threei}  1:2
01[09:42] {@Threei}  1:3
01[09:42] {@Threei}  closed
[09:42] {jfjf64} Ty
[09:43] {chasj} missed it had a tel call
01[09:47] {@Threei}  you guys need to turn your phones off for the first 30 min
[09:47] {nemo} huh?
01[09:47] {@Threei}  this must be 5th time I see "phone call, missed a trade" over last couple weeks at thwe open
[09:48] {drewj} long CAT?
01[09:48] {@Threei} Long Setup:  FB  .60 break
01[09:48] {@Threei}  If holds  .50
[09:49] {drewj} JPM hod
01[09:51] {@Threei}  1:1
01[09:53] {@Threei}  1:2
[09:55] {chasj} no phone call ty
01[09:55] {@Threei}  :)
01[09:56] {@Threei} Long Setup:  CAT  .80 break
01[09:56] {@Threei}  If holds  .70
01[09:57] {@Threei}  Upside:
01[09:57] {@Threei}  -ANN +22% (agreed to be acquired by Ascena Retail Group for $47/shr)
01[09:57] {@Threei}  -DRRX +12% (positive results from DUR-928 Phase 1 study)
01[09:57] {@Threei}  -ASNA +8% (acquiring ANN for $47/shr)
01[09:57] {@Threei}  -ALTR +6% (CNBC's Faber says principal-to-principal talks between Intel/Altera last week)
01[09:57] {@Threei}  -CMGE +3% (received nonbinding proposal for acquisition at $21.50/shr)
01[09:57] {@Threei}  -PENN +2.6% (positive broker commentary)
01[09:57] {@Threei}  -PBR +2.2% (earnings momentum)
01[09:57] {@Threei}  -OCN +2.2% (in talks related to lending agreement)
01[09:57] {@Threei}  Downside:
01[09:57] {@Threei}  -EBIO -75% (release of Phase 3 results for EBI-005)
01[09:57] {@Threei}  -CHA -3% (CHU plans to but mobile data prices by 20%)
01[09:57] {@Threei}  -JASO -2.9% (earnings)
01[09:57] {@Threei}  -ESLT -1.7% (earnings)
01[10:00] {@Threei}  *(US) MAY NAHB HOUSING MARKET INDEX: 54 V 57E
01[10:02] {@Threei} Long Setup:  MCD  .95 break
01[10:02] {@Threei}  If holds  .85
01[10:04] {@Threei}  Invalidated
[10:05] {jfjf64} Gmcr s lod .65
01[10:06] {@Threei}  change MCD to .80 break
01[10:06] {@Threei}  If holds  .70
01[10:08] {@Threei}  no go
[10:10] {nemo} relative volume already so low today
01[10:14] {@Threei} Short Setup: TWTR  .25 break
01[10:14] {@Threei}  If holds  .35
06[10:19] * @Threei hits TWTR over the head with 2x4
01[10:20] {@Threei}  1:1
01[10:23] {@Threei}  [MU] Hearing chatter Intel may have recently had informal discussions with Micron about potential for merger **NOTE: A report earlier today said Intel had resumed merger talks with Altera
[10:25] {jfjf64} Out ful gmcr total 32 cents
01[10:25] {@Threei}  nice
[10:25] {jfjf64} Fb
[10:25] {jfjf64} ?
01[10:26] {@Threei}  pullback .50 would be nice
01[10:28] {@Threei}  CAT stop to .74
[10:31] {jfjf64} Altr watch
[10:31] {jfjf64} 48 break
01[10:32] {@Threei}  half out CAT
01[10:32] {@Threei}  stop to .79
[10:32] {jfjf64} Swks watch
[10:36] {jfjf64} That Fb didn't pullbk for us
01[10:37] {@Threei}  oh well
01[10:46] {@Threei}  1/4 more out CAT
01[10:46] {@Threei}  finally woke up
[10:54] {jfjf64} .60 l fb
[10:54] {jfjf64} Hold .50
[10:54] {jfjf64} Invalid
[10:55] {jfjf64} .50
01[10:55] {@Threei} Long Setup:  FB  .50 break
01[10:55] {@Threei}  If holds  .40
[10:55] {jfjf64} Let's go fb
[10:59] {jfjf64} Spy movin
[11:00] {jfjf64} AAPL movin
[11:01] {jfjf64} Movin stop lose up .44
[11:07] {jfjf64} I will renter 50 break
[11:09] {jfjf64} Spy hod
01[11:14] {@Threei}  1:1
[11:16] {jfjf64} Gmcr .42 long
[11:22] {jfjf64} 1:2 fb vg
[11:22] {jfjf64} Ya sleepin
[11:22] {drewj} He must be on the phone :)
[11:22] {jfjf64} Yes
[11:23] {drewj} jf what type of scanner do you use for finding HOL and LOD?
01[11:23] {@Threei}  lol
01[11:23] {@Threei}  1:2
[11:24] {jfjf64} I use trade ideas scanner
[11:24] {drewj} ok
[11:24] {drewj} ty
[11:24] {jfjf64} My charts ninja have hod lod on them
01[11:24] {@Threei}  1:3
[11:24] {jfjf64} Go fb
[11:24] {jfjf64} Go gmcr
[11:26] {jfjf64} Out gmcr
[11:26] {jfjf64} + .18
01[11:31] {@Threei}  Both the DJIA and S&P500 are points away from recent all-time highs this morning. Trading volumes are lighter and the action has been pretty choppy. US and European government bond yields moved higher this morning, with the UST 10-year yield gaining more than seven basis points to trade 2.216%.
[11:49] {jfjf64} For slow mkt profitable
[11:49] {jfjf64} Nice job
01[11:49] {@Threei} Short Setup: CAT  .80 break
01[11:49] {@Threei}  If holds  .90
01[11:57] {@Threei}  Invalidated
01[11:58] {@Threei} Short Setup: FB  81 break
01[11:58] {@Threei}  If holds  .10
01[12:00] {@Threei} Short Setup: AIG  .80 break
01[12:00] {@Threei}  If holds  .90
01[12:06] {@Threei}  no go FB
[12:12] {chasj} AIG still valid?
01[12:14] {@Threei}  yes
[12:14] {chasj} ty
01[12:22] {@Threei} Short Setup: JPM  .25 bresk
01[12:22] {@Threei}  If holds  .33
01[12:23] {@Threei}  just a scalp most likely
01[12:26] {@Threei}  Invalidated  AIG
01[13:01] {@Threei}  no go
01[13:01] {@Threei}  random time
01[13:01] {@Threei}  be back in an hour
[13:57] {chasj} Got closed out of chat room, but see no conversation can anyone confirm they read me
01[13:58] {@Threei}  yes
[13:58] {chasj} ty
01[14:01] {@Threei}  from this Fri: https://www.facebook.com/VadymGraiferPhotography/posts/841771315902385
01[14:02] {@Threei}  by now attracted 20.5 thousand views
01[14:16] {@Threei} Long Setup:  VXX  .55 break
01[14:16] {@Threei}  If holds  .50
01[14:36] {@Threei}  Invalidated
01[14:39] {@Threei} Long Setup:  FB  .20 break
01[14:39] {@Threei}  If holds  .10
[14:56] {jfjf64} Did I miss anything vg
01[14:56] {@Threei}  no, invalidated setups
01[15:04] {@Threei} Long Setup:  FB  ..05 break
01[15:04] {@Threei}  If holds  .95
01[15:16] {@Threei}  1:1
[15:18] {jfjf64} Hod here we come
[15:19] {jfjf64} Wouldn't that be wonderful
01[15:21] {@Threei}  quite possible too
[15:21] {jfjf64} I think
[15:22] {jfjf64} 20 break sd get some pop
[15:32] {chasj} Vad ty, See you tomorrow
01[15:33] {@Threei}  take care chas
[15:35] {jfjf64} 20k views fb
[15:35] {jfjf64} Nice vg
01[15:35] {@Threei}  people love orcas
[15:36] {drewj} Thanks Vad
01[15:36] {@Threei}  yw
[15:36] {nemo} I like orcas eating people
[15:36] {drewj} Have a good afternoon
01[15:36] {@Threei}  haven't seen that nemo
01[15:36] {@Threei}  but lucky observers did see them eating seals
01[15:41] {@Threei}  ok guys, ending on htis
01[15:41] {@Threei}  see you tomorrow