Tuesday, June 2, 2015

June 02 2015

Couple larger trades made the day positive while scalps and stops balanced each other out

Session Time: Tue Jun 02 00:00:00 2015
01[09:24] {@Threei}  GR) EU's Dijsselbloem: Creditors are still far from a deal with Greece, will not meet Athens half way ***Reminder: Earlier today, the EU confirmed that many documents on Greece are being exchanged between both sides, which is a positive sign. Last night, there were reports that all of Greece's major creditors met to draft a "final offer" to be presented to PM Tsipras. Rejection could put Greece in default.
[09:27] {dino} gm
01[09:27] {@Threei}  dino :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -AVEO +14% (positive coverage from CI for VeriStat Test causing positive stock move)
01[09:30] {@Threei}  -ZION +4.7% (announced corporate restructuring & positive broker commentary)
01[09:30] {@Threei}  -PVH +4% (earnings)
01[09:30] {@Threei}  -DG +4% (earnings)
01[09:30] {@Threei}  -CBRL +3.3% (earnings)
01[09:30] {@Threei}  -DB +3.3% (DB Financial services conference comments - exiting 7-10 unprofitable companies; closing 200 retail branches)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -CTRP -5.4% (talks with QUNR said to be ended)
01[09:30] {@Threei}  -ACOR -4.5% (disclosed a hold on Phase 1b clinical trial of cimaglermin alfa)
01[09:30] {@Threei}  -CG -4% (priced secondary)
01[09:30] {@Threei}  -DAL -2.5% (May metrics)
01[09:30] {@Threei}  -BXMT -2.5% (priced 10M share offering for gross proceeds of $296.5M)
01[09:30] {@Threei}  -ODFL -2 (May LTL tons/day report)
01[09:34] {@Threei} Long Setup:  FB  80 break
01[09:34] {@Threei}  If holds  .90
01[09:35] {@Threei}  no go
01[09:38] {@Threei} Long Setup:  IWM  .60 break
01[09:38] {@Threei}  If holds  .50
01[09:39] {@Threei}  1:1
[09:44] {dino} expe sm l .45
01[09:46] {@Threei} Long Setup:  FB  .80 break
01[09:46] {@Threei}  If holds  .70
01[09:52] {@Threei}  1:1
01[09:56] {@Threei}  1:2
01[09:56] {@Threei}  1:3
01[09:56] {@Threei}  out
01[09:58] {@Threei}  1:4
[09:58] {dino} gj
[10:00] {dino} asps sm l .60
01[10:01] {@Threei}  ty
[10:10] {dino} tsro sm l .65 wide
01[10:15] {@Threei} Short Setup: TWTR  .25 break
01[10:15] {@Threei}  If holds  .35
01[10:20] {@Threei}  stop to .31
[10:24] {dino} out asps .15, +.55
[10:27] {dino} out expe .87, +.42
01[10:27] {@Threei}  wtg
[10:27] {dino} ty
[10:28] {dino} tsro stop .41 -.24
01[10:40] {@Threei} Long Setup:  FB  .65 break
01[10:40] {@Threei}  If holds  .55
[10:45] {dino} tsro smr l .45
[10:49] {nemo} FB
[10:51] {dino} hznp spike
01[10:51] {@Threei}  no go
[11:02] {dino} out tsro .20, +.75
01[11:02] {@Threei}  gj
[11:02] {dino} ty
[11:04] {dino} espr drop
[11:11] {dino} moh drop
[11:12] {dino} zbra spike
[11:21] {dino} coll spike, thinny
01[11:21] {@Threei}  (GR) In latest draft proposals on Greece talks, IMF still taking a harder stance against Greece than the EC in recommended steps that must be taken - press - EC will not provide Greece with an ultimatum- Disagreements on key issues still remain, though staff appears to be seeking to reach a political agreement
[11:23] {dino} greece "give us the amount due and we will pay it to you"
[11:24] {dino} tsro drop
01[11:30] {@Threei} Short Setup: FB  .40 break
01[11:30] {@Threei}  If holds  .50
01[11:33] {@Threei}  two-sided
01[11:33] {@Threei}  long
01[11:36] {@Threei}  half out
01[11:37] {@Threei}  stop to .55
01[11:38] {@Threei}  1:1
01[11:44] {@Threei}  1:2
[11:45] {dino} gj
01[11:50] {@Threei}  ty
01[11:55] {@Threei}  1:3
01[11:55] {@Threei}  (slept through)
[11:56] {dino} understood
[11:56] {dino} this greek thing reminds me of whimpy character in popeye, "i will gladly pay you tomorrow for a hambuger today"
[11:57] {dino} clvs drop
01[12:02] {@Threei}  heh
[12:03] {dino} shld spike
[12:04] {dino} sm s .24
[12:05] {dino} cov .76, +.48
[12:05] {dino} fast
[12:05] {nemo} news on this bounce?
[12:06] {dino} nothing sice am
[12:06] {dino} since
01[12:08] {@Threei}  no
01[12:11] {@Threei}  There are dueling Greek proposals out this morning, further muddying the waters over negotiations between Athens and its creditors. Last night, there were reports that Greece's major creditors met to draft a "final offer" to be presented to PM Tsipras. Rejection could put Greece in default. Meanwhile, the Greeks said they offered "realistic proposals" that included "tough compromises," however European sources suggested Athens offered no new concessions on pension and labor issues. After the US open, the EU's Dijsselbloem said creditors were still far from a deal with Greece.
[12:21] {dino} taking lunch break
01[12:21] {@Threei}  me too... be back in an hour
01[13:09] {@Threei}  (US) EPA said to look at public health effects from carbon dioxide released from aircraft
01[13:09] {@Threei}  yeah... ban those
01[13:14] {@Threei}  FB lost ots mind
[13:27] {cosmo} they must mean carbon monoxide...
[13:27] {cosmo} they used too anyway...
01[13:27] {@Threei}  think they know what they mean?
[13:28] {cosmo} they used too
[13:28] {cosmo} those people are gone now
[14:02] {dino} zzzzzzzzzzzzzzzzzzzzzzz
[14:07] {dino} life spike, thin
[14:10] {dino} partial s .02
[14:10] {dino} wrld drop
[14:25] {dino} htz spike
[14:41] {dino} life, pita stock, cov .53, +.49
01[14:43] {@Threei}  nice
[14:44] {dino} only 100 sh, partial fill
[14:47] {nemo} loks like index bonce time
[14:48] {dino} back in 30 or so
01[14:48] {@Threei} Long Setup:  FB  .50 break
01[14:49] {@Threei}  o r .45 break short
[14:50] {nemo} SPY might have to get to vwap first
01[14:53] {@Threei}  meh
01[15:25] {@Threei}  up or down on last thrust?
01[15:25] {@Threei}  up, IMO
01[15:27] {@Threei} Long Setup:  IWM  .50 break
01[15:27] {@Threei}  If holds  .40
[15:28] {nemo} 124.60 is likely roof
[15:31] {dino} \sm s life .00
[15:32] {nemo} question is do people want to be long with Greece hannging in the balance?
01[15:34] {@Threei}  my answer is, people are confident they'll agree on something
01[15:35] {@Threei}  no one believes they played this charade for 6 years now on;y to let it all fall apart
[15:35] {nemo} then placed your bets
[15:35] {dino} don't think most people are worried about it
[15:36] {dino} retail investors don't
[15:36] {nemo} it would be the first brick in the euro wall to fall
[15:36] {nemo} who gives a fuck about retail...what would the big money think
[15:36] {nemo} ?
[15:36] {dino} spain is next
[15:36] {dino} rummblings already
[15:36] {nemo} Dead man walking
[15:37] {dino} yes
01[15:37] {@Threei}  while it all happens in negotiations realm, there won't be a collapse
01[15:37] {@Threei}  it will fall apart when masses stop negotiating and storm the buildings
01[15:38] {@Threei}  apparatchiks won't let it fall
01[15:38] {@Threei}  it's they very existence
01[15:38] {@Threei}  half out IWM
01[15:38] {@Threei}  stop .44
[15:39] {dino} sedg drop
[15:44] {dino} cov life ave .45, +.55
01[15:45] {@Threei}  wtg
01[15:45] {@Threei}  VXX trying
[15:45] {dino} ty
[15:45] {dino} that stock is wierd
01[15:48] {@Threei}  SPY just can't decided
01[15:48] {@Threei}  -d
01[15:54] {@Threei}  ok guys, thank you all
01[15:54] {@Threei}  have a good evening, see you tomorrow
[15:58] {dino} gn all