Friday, June 26, 2015

Jun 27 2015

With the week that slow, Friday promised to be even slower, and delivered on the promise. Finished 1 hour earlier, incapable of coping with all the excitement of watching paint drying. Good week overall though.

Session Time: Fri Jun 26 00:00:00 2015
[09:03] {RonS} gm
01[09:04] {@Threei}  ron :)
01[09:04] {@Threei}  how's computer?
[09:06] {RonS} yesterday had a full blown crash w/ blue screen of death
[09:07] {RonS} thinking these video ads that twitter and finviz have started are screwing with things
01[09:07] {@Threei}  didn't repeat?
[09:08] {RonS} somehow the mirc program changed... the formatting is now different
01[09:08] {@Threei}  huh
[09:10] {RonS} before could adjust the vertical height of this board and the text would adjust, now it doesn't
[09:10] {RonS} could reduce the size, now cannot
01[09:11] {@Threei}  that's really weird
[09:14] {RonS} hmmm, played with it and now ok...confirming the fact that i am an idiot
01[09:15] {@Threei}  when it comes to AI, who of us isn't
[09:17] {RonS} my 2 yr old grandaughter?... one time got a hold of daughter's cell phone and called China...
01[09:18] {@Threei}  lol
01[09:18] {@Threei}  actually, yes... saw a 2 years old figuring out the drag-and-drop game on the phone in seconds
[09:18] {dino} gm
01[09:19] {@Threei}  but the funniest thing happened next day
01[09:19] {@Threei}  dino :)
01[09:19] {@Threei}  his mother on the work, gets e-mail from google play store thanking her for game purchase
[09:20] {RonS} lol
01[09:20] {@Threei}  she checks her phone and realizes she left it home
01[09:20] {@Threei}  couple days before she was showing him a game, he liked it sho she bought it
01[09:20] {@Threei}  guy watched her hitting sequence of the buttons, about 5 steps
01[09:21] {@Threei}  that was enough... woke up, found her phone, turned it on and started playing... when trial end came up on the screen, he reproduced her steps to buy the game
01[09:22] {@Threei}
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -CNCE +13% (no news)
01[09:24] {@Threei}  -CUR +11% (preclinical data on Neuralstem's genetically modified HK532-IGF-1 stem cells in Alzheimer's Disease)
01[09:24] {@Threei}  -FINL +6.5% (earnings)
01[09:24] {@Threei}  -NKE +3.2% (earnings)
01[09:24] {@Threei}  -VRTX +2.5% (CNBC biotech analysts gives ORKAMBI 90% approval chance ahead of upcoming FDA decision)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -CLDN -43% (suspending R&D, will cut more jobs)
01[09:24] {@Threei}  -RGSE -17.5% (priced $5M offering)
01[09:24] {@Threei}  -MU -15% (earnings)
01[09:24] {@Threei}  -SNX -9% (earnings)
01[09:24] {@Threei}  -ALDR -2.8% (planning to initiate second multi-dose trial in chronic migraine patients)
01[09:24] {@Threei}  -ZTS -1.8% (after Valeant rumored to have made offer for the company; negative broker commentary)
[09:24] {RonS} very nice... very evident through the lighting you capture that your area has some of the best air quality in the world...
01[09:25] {@Threei}  :)
[09:26] {RonS} long as you don't get Japanese radiation... :)
[09:29] {dino} whats w/china dropping 8%
01[09:35] {@Threei} Long Setup:  FB  .90 break
01[09:35] {@Threei}  If holds  .80
01[09:36] {@Threei}  Invalidated
[09:36] {nemo} look at hourly, probably a short today
01[09:37] {@Threei}  well, I need a vounce or consolidation for short
[09:37] {nemo} yesh, this likely spot
01[09:38] {@Threei} Long Setup:  FB  .40 break
01[09:38] {@Threei}  If holds  .30
01[09:39] {@Threei}  stubborn
01[09:40] {@Threei}  no go
01[09:43] {@Threei}  rinse
01[09:44] {@Threei}  grrr
[09:45] {dino} wrld smr l ave .89
01[09:47] {@Threei} Short Setup: AIG  .65 break
01[09:47] {@Threei}  If holds  .75
01[09:52] {@Threei}  change to .70 break
01[09:52] {@Threei}  If holds  .80
01[09:55] {@Threei}  no go
[10:02] {RonS} ko for mnst talk
01[10:06] {@Threei} Long Setup:  JPM  .20 break
[10:22] {RonS} wow...Greece rejects 5 mo extension...
[10:22] {nemo} source please?
[10:23] {RonS} picked up from almalgamator so not specified...
[10:23] {dino} cramer saying greeces offer was forgive additional 200 billion
[10:23] {RonS} these guys have some balls...
[10:24] {RonS} source ANA but do not know who or what that is...
01[10:24] {@Threei}  nothing on wire yet
01[10:24] {@Threei}  expect denial in the next 5 min :)
[10:24] {RonS} lol
[10:25] {RonS} w/ a re-scheduled meeting of course
[10:28] {dino} and dinner and a showe
[10:33] {RonS} psx puts being bot...sure wish the algo was around...earlier big cvx, xom, cop calls bot
[10:34] {nemo} yeah, me 2
01[10:39] {@Threei}  bo single word on Greece on the wire
01[10:39] {@Threei}  no
01[10:39] {@Threei}  must be some misunderstanding
01[10:39] {@Threei} Short Setup: TWTR  .80 break
01[10:40] {@Threei}  If holds  .90
01[10:40] {@Threei}  crap... had FB .20 short in mind, missed alert
[10:43] {dino} sage drop
01[10:45] {@Threei}  1:1
01[11:18] {@Threei}  Bonds are selling off this morning as the bickering between Greece and its creditors deepens and the final deadline approaches. Reports suggest that the creditors still will not accept Greece's VAT and pension proposals, while Greece has rejected a five-month, €15.5B bailout extension instead of a comprehensive settlement.
01[11:18] {@Threei}  Crude broke to its lowest level since early June, with WTI dropping briefly below $59 in the wake of news that the P5+1 powers are offering more concessions to Iran in a final push for a nuclear deal. The Western officials engages in talks have made upbeat comments even in the face of the Iranians nixing any inspections of military sites as part of a deal.
[11:19] {dino} idiots
01[11:20] {@Threei}  negotiations with Iran might have turned in the same thing as Greece... full time job for some
01[11:20] {@Threei}  only Greece offers better destinations
[11:20] {dino} lol
01[11:21] {@Threei}  so those assigned to Iran case are jealous
01[11:21] {@Threei}  and intend to extend it, with meetings in better locations than Teheran
[11:23] {dino} agio smr l .50
01[11:43] {@Threei} Long Setup:  FB  .50 break
01[11:43] {@Threei}  If holds  .40
01[11:46] {@Threei}  1:1
01[11:46] {@Threei}  Google’s Latest Self-Driving Car Prototypes Are Now On Mountain View Streets
01[11:46] {@Threei}  1:2
[11:58] {dino} wrld smr l .05
[12:03] {RonS} wrld needs more acceptance...
[12:06] {RonS} Mountain View is about 1/2 mile wide...if they were actually running they would be somewhere else...
01[12:06] {@Threei}  lol
01[12:07] {@Threei}  one of oli companies working in Alberta recently announced purchase of 100 driverless trucks
[12:09] {RonS} jesus, wrld has a 48% short interest...can't we get a cover run?
[12:10] {RonS} midgets, dwarfs? = short wrld?
[12:10] {RonS} or dino's buddies...leprechans...
01[12:11] {@Threei}  gremlins?
01[12:11] {@Threei}  banshies?
[12:14] {dino} keep talking ron, its helping
01[12:41] {@Threei} Short Setup: FB  .78 break
01[12:41] {@Threei}  If holds  .85
01[12:44] {@Threei}  1:1
01[12:57] {@Threei}  1:2
01[13:10] {@Threei}  (GR) Greece PM Tsipras reportedly confirms cabinet meeting for tonight to discuss bailout deal
01[13:11] {@Threei}  {Cabinet}: Can we have a meeting in Ireland?
01[13:11] {@Threei}  oh man...
01[13:12] {@Threei}  [HLF] Pershing Square releases letter to CEO concerning earlier NY post piece - We urge that you release the 71-minute video and any similar materials in your possession or control, and we encourage Herbalife employees, distributors and others with similar materials to come forward.- You are quoted admitting that participation in Herbalife is a lottery ticket and that some distributors have made false promises, claims, in hopes for product, for money, for recruiting, for customers, for pyramiding.
01[13:12] {@Threei}  Ackan grabs for any straw
01[13:12] {@Threei}  ackman
[13:21] {RonS} guess nemo is right...
01[13:21] {@Threei}  about what?
[13:21] {RonS} ...the wrld sucks
01[13:21] {@Threei}  ah
01[13:21] {@Threei}  he most certainly is
[13:21] {nemo} life is war
[13:21] {dino} lol
01[13:23] {@Threei}  come on nemo, find some tree and hug it
01[13:23] {@Threei}  and I don't mean some flesh-eating tropical variety
01[13:25] {@Threei} Long Setup:  TWTR  .85 break
01[13:25] {@Threei}  If holds  .75
[13:30] {dino} out agio .93, +.43
[13:30] {dino} calling it a week, take car all
[13:30] {dino} care
01[13:31] {@Threei}  have a good weekend
[13:31] {nemo} P&Q
[13:33] {dino} 'ty
01[13:47] {@Threei}  half out
01[13:47] {@Threei}  stop to .79
01[13:53] {@Threei}  to .84
01[14:02] {@Threei}  be back in 40
01[14:44] {@Threei} Short Setup: JPM  .85 break
01[14:44] {@Threei}  If holds  .95
[14:54] {RonS} this could last until the close...
01[14:54] {@Threei}  or next week open...
[14:55] {RonS} ...set a record for a holding period?
01[14:55] {@Threei}  need something to brag about
01[14:55] {@Threei}  Associated Press: Putin says Russia is going to spend $400 billion upgrading its military
01[14:55] {@Threei}  imbecile walks right into the trap of his own making
01[14:56] {@Threei}  arm race broke USSR
01[14:56] {@Threei}  start a new one, idiot
01[14:56] {@Threei}  as good as he is as a tactic, strategist he is not
[15:05] {RonS} oops
01[15:05] {@Threei}  yeah
01[15:05] {@Threei}  no news for this spike yet
[15:06] {RonS} think will call it a day... have a good weekend 3i
01[15:06] {@Threei}  you too
01[15:06] {@Threei}  see you monday guys