Monday, June 1, 2015

June 01 2015

Just slightly positive day, with a few scalps, a few stops and one larger trade. Choppy market in a narrow range


Session Time: Mon Jun 01 00:00:00 2015
[08:49] {dino} gm 3i
01[08:50] {@Threei}  sino :)
01[08:50] {@Threei}  d
[09:24] {Branm} GM
01[09:24] {@Threei}  branm :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -ONTY +25% (TheStreet.com's Feuerstein reviews ASCO presentations, makes positive comments about Oncothyreon's ONT-380 and ImmunoGen's IMGN853)
01[09:25] {@Threei}  -IMGN +25% (Price Target raised to $20 from $15 at Canaccord, reiterates Buy rating off positive ASCO data w/positive Feuerstein commentary)
01[09:25] {@Threei}  -ESI +17% (momentum
01[09:25] {@Threei}  -EXEL +11% (Announces Positive Results from Phase 2 Investigator-Sponsored Trial of Cabozantinib)
01[09:25] {@Threei}  -VBLT +9.3% (Reports Updated Interim Results From Phase 2 Clinical Trial of VB-111 in Recurrent Glioblastoma (rGBM))
01[09:25] {@Threei}  -CTIC +5.7% (Phase 3 Pacritinib Study Shows Significant Clinically Meaningful Results In Patients With Myelofibrosis In Late-Breaking Session At ASCO 2015)
01[09:25] {@Threei}  -KITE +5.2% (Cowen Research makes positive comments, reiterates Outperform rating)
01[09:25] {@Threei}  -JUNO +3.3% (Investigational CAR T Cell Candidate JCAR014 Demonstrates Encouraging Clinical Responses)
01[09:25] {@Threei}  -SINA _7% (CEO investment)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -CLVS -7.5% (Rociletinib lung cancer data were disappointing and investors focus more on that drug than its PARP inhibitor rucaparib in ovarian cancer)
01[09:25] {@Threei}  -CLDX -2.5% (profit taking from positive ASCO data from brain cancer drug)
01[09:31] {@Threei} Long Setup:  FB  .40 break
01[09:31] {@Threei}  If holds  .30
01[09:31] {@Threei}  change to .35 break
01[09:31] {@Threei}  If holds  .25
01[09:34] {@Threei}  1:1
[09:36] {dino} nemo, expe working that 105.80 gap
[09:36] {nemo} forgot about that
01[09:37] {@Threei} Long Setup:  IWM  .10 break
01[09:37] {@Threei}  If holds  124
01[09:38] {@Threei}  no go
01[09:40] {@Threei} Long Setup:  FB  79 break
01[09:40] {@Threei}  If holds  .90
01[09:42] {@Threei}  1:1
01[09:45] {@Threei}  *(US) MAY FINAL MARKIT MANUFACTURING PMI: 54.0 V 53.8E
01[09:50] {@Threei} Short Setup: MCD  .60 break
01[09:50] {@Threei}  fast...
01[09:50] {@Threei}  If holds  .70
01[09:51] {@Threei}  no go
[09:53] {dino} clvs sm l .39
[09:55] {dino} out clvs .49, +1.10
01[09:57] {@Threei}  wtg
[09:57] {dino} ty
01[09:58] {@Threei} Long Setup:  VXX  .95 break
01[09:58] {@Threei}  If holds  .90
01[10:00] {@Threei}  *(US) APR CONSTRUCTION SPENDING M/M: 2.2% V 0.7%E
01[10:00] {@Threei}  *(US) MAY ISM MANUFACTURING: 52.8 V 52.0E; PRICES PAID: 49.5 V 43.0E
[10:06] {dino} clvs sm l .50
01[10:07] {@Threei} Long Setup:  IWM  .70 break
01[10:07] {@Threei}  If holds  .60
01[10:09] {@Threei}  nah
01[10:11] {@Threei}  listless up and down
01[10:16] {@Threei}  VXX rinse
[10:16] {dino} out clvs .02 ave +.52
01[10:24] {@Threei} Long Setup:  VXX  19 break
[10:52] {dino} wrld drop
[10:57] {dino} wrld sm l .57
[11:03] {dino} boot spike
[11:18] {dino} out wrld .20, +63
[11:18] {dino} .63
[11:20] {dino} tanh spike
[11:25] {dino} boot sm s .89
[11:32] {dino} cat sm l .92
[11:35] {dino} boot stuck, bs to .79
[11:37] {dino} cov/stop .80 ave +.09
01[11:37] {@Threei}  covered commissions? :)
[11:38] {dino} cat to b/e
[11:41] {dino} yes by $12. lol
01[11:42] {@Threei}  :)
[11:45] {dino} cat to .10
[11:48] {dino} out cat .10, +.18
[12:04] {dino} wow boot
01[12:04] {@Threei}  After a choppy morning, US stocks are flat and the 10-year yield is up four basis points to 2.16%. The economic data has been a mixed bag, and spurious Greece rumors have once again taken traders on a bit of a wild goose chase
01[12:05] {@Threei}  Another weekend has passed and Greece is still not saved. There were reports that the IMF told Greece it could bundle the €1.6 billion in payments it owes in June into one lump sum, pushing the hard deadline for a potential default to the end of June. The payments are currently spread across four instalments, with the first €300 million due this Friday. That buys Greece some time, but doesn't make the actual payments any easier.
01[13:06] {@Threei} Short Setup: FB  80 break
01[13:06] {@Threei}  If holds  .10
01[13:14] {@Threei}  1:1
01[13:40] {@Threei} Long Setup:  FB  .10 break
01[13:40] {@Threei}  .c 80
01[13:40] {@Threei}  If holds  80
01[13:44] {@Threei}  1:1
01[14:03] {@Threei}  1:2
01[14:18] {@Threei} Long Setup:  TWTR  .80 break
01[14:18] {@Threei}  If holds  .70
01[14:34] {@Threei}  stop ti .74
01[15:00] {@Threei} Long Setup:  JPM  .35 break
01[15:00] {@Threei}  If holds  .25
01[15:02] {@Threei}  meh TWTR
01[15:22] {@Threei}  no go
01[15:24] {@Threei}  do we get selloff into eod?
01[15:24] {@Threei}  tempted to try VXX on .75 break
01[15:26] {@Threei}  If holds  .68
[15:32] {dino} kicking myself for blowing off that wrld drop to 78
01[15:33] {@Threei}  yeah
01[15:41] {@Threei}  I want panic
01[15:41] {@Threei}  can I have about 1 lb panic, sliced thinly?
01[15:44] {@Threei}  better
01[15:45] {@Threei}  betterer
01[15:53] {@Threei}  ok, out with a scalp
01[15:54] {@Threei}  thank you, have a good evening
01[15:54] {@Threei}  see you tomorrow
[15:58] {dino} gn