Tuesday, May 19, 2015

May 19 2015

Beautiful day with win after win after win, even in the afternoon. Ended with 1:3 on FB short which nicely complemented earlier 1:4 on MCD long

Session Time: Tue May 19 00:00:00 2015
[09:25] {chasj} Good morn
01[09:25] {@Threei}  chas :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -GIGA +24% (earnings)
01[09:25] {@Threei}  -MOMO +21% (earnings)
01[09:25] {@Threei}  -RRGB +9% (earnings)
01[09:25] {@Threei}  -TTWO +8.3% (earnings)
01[09:25] {@Threei}  -LAKE +8% (earnings)
01[09:25] {@Threei}  -TJX +3.8% (earnings)
01[09:25] {@Threei}  -CMCM +2.4% (earnings)
01[09:25] {@Threei}  -BLUE +2.3% (announced global regulatory strategy for LentiGlobin BB305)
01[09:25] {@Threei}  -HD +2.2% (earnings)
01[09:25] {@Threei}  -P +1% (acquiring Next Big Sound for undisclosed sum)
01[09:25] {@Threei}  -PLUG +8% (new client)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -RNDY -20% (proposed secondary of 3.5M shares)
01[09:25] {@Threei}  -URBN -15% (earnings; negative broker commentary)
01[09:25] {@Threei}  -ACHN -5% (momentum from GILD/ACHN rumors)
01[09:25] {@Threei}  -ICPT -5% (separate cardiovascular outcomes trial not required for obeticholic acid & planning international Phase 3 trial)
01[09:25] {@Threei}  -MNTA -4.5% (proposed secondary offering of 7.25M shares)
01[09:25] {@Threei}  -DKS -4% (earnings)
01[09:25] {@Threei}  -A -4% (earnings)
01[09:25] {@Threei}  -VOD -3.8% (earnings)
[09:26] {jfjf64} Mornin gents
01[09:26] {@Threei}  jf :)
[09:30] {nemo} HD
01[09:31] {@Threei} Long Setup:  SLW  20 break
01[09:32] {@Threei}  If holds  .95
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei}  yw
01[09:35] {@Threei} Long Setup:  FB  .30 break
01[09:35] {@Threei}  late
[09:35] {chasj} thank you
01[09:35] {@Threei}  yw
[09:36] {jfjf64} Wmt lod break
01[09:36] {@Threei}  valid again
01[09:36] {@Threei}  If holds  .20
[09:36] {jfjf64} Invalid
01[09:38] {@Threei}  1:1
[09:41] {jfjf64} Wmt valid
[09:41] {jfjf64} .75 break
[09:42] {jfjf64} 1:1
01[09:42] {@Threei}  1:2
[09:43] {jfjf64} Out fb
[09:43] {jfjf64} Ty
01[09:44] {@Threei}  yw
01[09:44] {@Threei}  1:3
[09:45] {jfjf64} 1:2
[09:45] {jfjf64} Wmt
01[09:45] {@Threei}  wtg
[09:45] {jfjf64} Out
[09:46] {jfjf64} Shit
01[09:59] {@Threei} Long Setup:  WMT  .30 break
01[09:59] {@Threei}  If holds  .20
[10:00] {nemo} two way perhaps
[10:00] {jfjf64} Think bounce
01[10:01] {@Threei}  change to .20 break
01[10:01] {@Threei}  If holds  .15
01[10:04] {@Threei}  meh
[10:09] {jfjf64} Jpm
[10:09] {jfjf64} Bounce
[10:09] {jfjf64} ?
01[10:10] {@Threei}  no clear setup
[10:10] {jfjf64} Fb hittin support
[10:11] {jfjf64} .20
01[10:19] {@Threei} Long Setup:  MCD  98 break
01[10:19] {@Threei}  If holds  .90
[10:20] {nemo} banks are so strong
[10:21] {jfjf64} Yes watchin
[10:21] {jfjf64} Wfc
[10:25] {drewj} Vad if I get into a trade a little late, say 2 or 3 cents should I move my stop up the same amount to keep at 10 cents or continue to use your stop level?
01[10:27] {@Threei}  stop is determined by a chart configuration,
01[10:27] {@Threei}  which doesn't change with your entry
[10:28] {drewj} ok
01[10:33] {@Threei}  1:1
01[10:44] {@Threei}  1:2
01[10:44] {@Threei}  Comments by French ECB board member Coeurhave sent European stocks through the roof this morning. Coeur said the ECB would front-load its QE purchases because of the seasonal lack of liquidity in the summer, and asserted that the move was not a reaction to recent market conditions.
[10:44] {jfjf64} Comon micky
01[10:44] {@Threei}  Warren Buffet's favorite US housing market indicator, housing starts, rose in April to its highest level since November of 2007. Starts jumped more than 20% sequentially to 1.135 million, for the biggest m/m gain in 25 years. Starts for single-family homes hit their highest level since January 2008.
01[10:45] {@Threei}  Shares of retail titan Walmart are down nearly 4% after the firm missed revenue expectations in its first-quarter report. EPS was in-line, while comps were pretty soft and the firm's guidance for second quarter was subpar. Home Depot beat expectations and raised its FY forecast, however moderate gains in the stock are all but evaporated mid morning.
[10:47] {jfjf64} Hod mcd
[11:04] {jfjf64} Vg you still in mcd
01[11:04] {@Threei}  yes
01[11:05] {@Threei}  1:3
[11:05] {jfjf64} Nice
[11:05] {jfjf64} Took 1:2
[11:05] {jfjf64} Ty
01[11:06] {@Threei}  yw
01[11:09] {@Threei} Long Setup:  VXX  .30 break
01[11:09] {@Threei}  If holds  .25
01[11:17] {@Threei}  Invalidated
01[11:23] {@Threei}  1:4 MCD
01[11:23] {@Threei}  out
[11:25] {jfjf64} gj chief
01[11:27] {@Threei}  :)
[11:41] {jfjf64} You like bounce here fb
01[11:44] {@Threei}  oullback ynder .90 for double bottom, and I will
01[11:44] {@Threei}  p
01[11:44] {@Threei}  and u
01[11:44] {@Threei}  lol
01[11:46] {@Threei} Long Setup:  FB  .90 break
01[11:46] {@Threei}  If holds  .80
[11:54] {jfjf64} Cmon
[11:54] {jfjf64} Off low
[11:54] {jfjf64} Bounce
[11:55] {jfjf64} .80 support
[11:55] {jfjf64} And lod
[11:55] {jfjf64} Help
[12:01] {jfjf64} What ya think
[12:01] {jfjf64} I'm sorry ya don't think
01[12:01] {@Threei}  I don't
[12:01] {jfjf64} Lol
[12:01] {jfjf64} Tighten stop
[12:01] {jfjf64} We cant
[12:02] {jfjf64} 80 strong line
[12:04] {jfjf64} Half out me
[12:05] {jfjf64} Wonderful
[12:05] {jfjf64} Nice recovery
[12:06] {jfjf64} You with me
01[12:06] {@Threei}  1:1
01[12:06] {@Threei}  yes
[12:06] {jfjf64} K
[12:07] {jfjf64} Thought ya fell sleep
[12:08] {nemo} I took .84
[12:08] {nemo} saw that big volume bar
01[12:08] {@Threei}  I did, but how being asleep prevents you from trading?
[12:11] {nemo} my stop is .93
[12:15] {jfjf64} Use .91 nemo
[12:15] {jfjf64} My thoughts
[12:15] {nemo} see support @.95
[12:16] {jfjf64} Have it at .92
[12:16] {nemo} oh yeah, your moving average
[12:16] {nemo} I was looking at price support
[12:17] {jfjf64} Na pivot
[12:17] {jfjf64} Ma .96
[12:17] {nemo} that's .83
[12:17] {jfjf64} How is on first
[12:17] {jfjf64} Who
[12:17] {nemo} Pivot is 80.83
[12:18] {jfjf64} .91
[12:18] {jfjf64} Floor traders pivots 80.92
[12:18] {jfjf64} Bounces off it
[12:19] {nemo} from where are u calculating that?
[12:19] {jfjf64} They r auto on my charts ninja
[12:19] {jfjf64} Floor trader pivots
[12:19] {jfjf64} Amazing
[12:20] {jfjf64} R u still in
[12:20] {nemo} I use Freestockcharts
[12:20] {nemo} no out
[12:20] {jfjf64} Ahh
[12:20] {nemo} it hit your stop too
[12:21] {drewj} Got to go guys...taking daughter to the doctor.
[12:21] {drewj} Have a good rest of the afternoon.
[12:21] {jfjf64} Have good day drew
[12:21] {drewj} Ty
01[12:21] {@Threei}  take care drew
[12:21] {drewj} See ya
[12:22] {jfjf64} Vg good mornin
[12:22] {jfjf64} 4 winners
[12:22] {jfjf64} 1 5 cent stop
[12:25] {jfjf64} Like this hlf long here
[12:26] {jfjf64} I don't know why
[12:31] {jfjf64} Going to lunch
01[13:50] {@Threei} Long Setup:  FB  81 break
01[13:50] {@Threei}  If holds  .90
[13:59] {jfjf64} .95
[13:59] {jfjf64} Long
[14:00] {jfjf64} ?
01[14:02] {@Threei}  ?
[14:03] {jfjf64} Fb nice pullbk
[14:03] {jfjf64} Seein if you agreed .95 break
01[14:03] {@Threei}  sure
01[14:03] {@Threei}  if I like 81, .95 is simply aggressive entry
[14:04] {jfjf64} Ya 81 never triggered did it
[14:09] {jfjf64} Airlines all in dumpster
[14:10] {jfjf64} Twtr
[14:10] {jfjf64} Push
01[14:14] {@Threei}  1:1
[14:14] {jfjf64} Twtr s .60
[14:14] {jfjf64} Break
[14:15] {jfjf64} Invalid
[14:18] {nemo} less than 40 mil spy
[14:19] {jfjf64} .70 s
[14:22] {jfjf64} 1:2 fb
[14:22] {jfjf64} Ty
[14:22] {jfjf64} No go twtr
01[14:23] {@Threei}  1:2
[14:29] {jfjf64} Twtr rinsed me
[14:29] {jfjf64} I'm pissed
01[14:35] {@Threei}  no news
01[14:37] {@Threei}  ugh
01[14:38] {@Threei}  was looking at .10 VXX
[14:38] {jfjf64} Look fb
[14:38] {jfjf64} .92 that support earlier
[14:41] {jfjf64} Google brings tweets to google search mobile
[14:42] {jfjf64} Twtr partners with google
[14:46] {jfjf64} Mcd
[14:46] {jfjf64} Double top
[14:46] {jfjf64} ?
[14:46] {jfjf64} Boy that went up all day
01[14:46] {@Threei}  or break
01[14:46] {@Threei}  can't tell
[14:46] {jfjf64} 50/50
[14:47] {jfjf64} Lol
01[14:49] {@Threei} Short Setup: FB  .90 break
01[14:49] {@Threei}  If holds  81
[14:53] {jfjf64} Twtr .30 break
[14:56] {jfjf64} 1:1
[14:59] {jfjf64} Question if ya buying 1000 shares of say Twtr do you buy 1000 one shot or 500/500 ?
[15:00] {jfjf64} I realize all situation diff of course
[15:01] {jfjf64} But wondering
01[15:01] {@Threei}  if I just buy a certain trigger, 1000
01[15:01] {@Threei}  why would I break it?
[15:01] {jfjf64} That's what I do
[15:01] {jfjf64} 1000 one shot
01[15:01] {@Threei}  half and half may make sense sometimes, but those are very specific situations
01[15:02] {@Threei}  for instance, half aggressively and add half on a break
[15:02] {jfjf64} I lk that
01[15:04] {@Threei}  1:1
[15:05] {jfjf64} Very nice
[15:06] {jfjf64} .74 lod
[15:10] {jfjf64} .69.next support
[15:11] {jfjf64} Need spy b down .79
01[15:11] {@Threei}  1:2
[15:12] {jfjf64} Or not
[15:12] {jfjf64} .51 here we come
01[15:13] {@Threei}  1:3
[15:15] {jfjf64} Where trail .73
01[15:15] {@Threei}  .71
01[15:15] {@Threei}  done
01[15:15] {@Threei}  ending beautiful day on this
01[15:15] {@Threei}  thanks guys, see you tomorrow
[15:15] {jfjf64} Nice job
[15:16] {jfjf64} 6 wins
[15:16] {jfjf64} Nice day
[15:16] {jfjf64} Go relax take some pictures
01[15:16] {@Threei}  :)