Wednesday, June 17, 2015

June 17 2015

Better day, finishing positive. Expected more readable plays today though, this unreadable up and down after FOMC announcement stole a lot of opportunities 

Session Time: Wed Jun 17 00:00:00 2015
[08:57] {dino} gm
01[08:58] {@Threei}  dino :)
[09:07] {RonS} gm
01[09:07] {@Threei}  ron :)
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -SGYP +47% (data for plecanatide Phase 3 trial met endpoints)
01[09:24] {@Threei}  -KYTH +23% (AGN buying company for $75/shr, $2.1B total)
01[09:24] {@Threei}  -QIHU +9% (received buy-out offer from CEO Hongyi Zhou worth $77/shr)
01[09:24] {@Threei}  -TMUS +1.6% (speculation that CMCSA interested in the company)
01[09:24] {@Threei}  -CELG +1.3% (disclosed additional $4B repurchase authorization)
01[09:24] {@Threei}  -BOBE +5% (earnings)
01[09:24] {@Threei}  -YY +4.7% (more Chinese ADR buyouts)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -RCPI -19% (entered $3.7M registered direct offering)
01[09:24] {@Threei}  -DTEA -14% (earnings)
01[09:24] {@Threei}  -LZB -4.3% (earnings)
01[09:24] {@Threei}  -FDX -2.4% (earnings)
01[09:33] {@Threei} Long Setup:  VXX  .50 break
01[09:34] {@Threei}  If holds  .45
01[09:35] {@Threei}  Invalidated
01[09:35] {@Threei} Short Setup: FB  82 break
01[09:35] {@Threei}  If holds  .10
01[09:37] {@Threei}  1:1
01[09:39] {@Threei}  1:2
[09:44] {dino} jmei sm s .07
[09:45] {dino} bs is hod
01[09:50] {@Threei} Short Setup: FB  .80 break
01[09:51] {@Threei}  If holds  .90
[09:52] {dino} cdk sm s .19
01[09:53] {@Threei}  1:1
[09:55] {dino} midd smr s .90
01[09:56] {@Threei}  oh biy, spread
01[09:56] {@Threei}  MIDD :)
[10:02] {dino} midd stopp
[10:02] {dino} .35
01[10:13] {@Threei} Short Setup: TWTR  .60 break
01[10:13] {@Threei}  If holds  .70
[10:14] {dino} xon spike
01[10:15] {@Threei}  Invalidated
01[10:15] {@Threei}  (GR) Germany Foreign Min: Greece not expected to present any new proposals on Thursday at Eurogroup, time is running out for Greece
[10:15] {dino} sm s .02
01[10:15] {@Threei}  [UBER.IPO] California Labor Commission rules that Uber drivers are employees
[10:21] {dino} xon stopped .35 -.33
[10:22] {dino} frustration day
[10:24] {dino} rinsed
[10:25] {dino} shop spike
[10:29] {nemo} FED day
01[10:37] {@Threei} Short Setup: FB  82 break
[10:41] {RonS} deo pop
[10:44] {RonS} hearing lvmh may buy deo's % of moet hennessy
[10:45] {dino} deo smr l .73
01[10:48] {@Threei}  [MC.FR] LVMH said to consider buying Diageo's 34% Moet Hennessy stake; prior agreement would allow the repurchase at a discount amounting to 20%
[10:51] {dino} deo stopped
[10:58] {dino} coc cdk .85, +.34
[10:58] {RonS} hearing ms has gone restricted on twtr...speculation they may be representing a possible bidder...
01[10:58] {@Threei}  TWTR Hearing vague takeover chatter circulating- emanates from speculation that the shares could have gone restricted at Morgan Stanley
[11:00] {dino} twtr sm l .68 stop lod
01[11:01] {@Threei}  (GR) Greece Govt official indicates Greece will make concessions but not on pensions; confirms will not have money for IMF payment without a deal with creditors - press - Deal must be economically viable- calls for bonds held at ECB to be transferred to the ESM
[11:01] {RonS} ha, now ms saying not restricted on twtr...
[11:03] {dino} wtf
[11:06] {dino} sstk sm l .99
[11:19] {dino} cov jmei .91, +.18
[11:22] {dino} out sstk .32 ave +.33
[11:23] {dino} rinsed deo too
[11:30] {dino} xon sm s .54
[11:31] {dino} cov xon .24, +.30
01[11:36] {@Threei}  1:2  FB
01[11:36] {@Threei}  out
01[11:38] {@Threei}  Greece seemed to slide further toward default today, as various Eurozone officials began admitting even more openly that their governments were preparing contingencies for Grexit, while EU officials talked about how effective capital controls were during the Cyprus emergency. For his part, PM Tsipras said his government would still offer a big no to a bad agreement and reiterates that further pension cuts are not possible. Other Greek officials confirmed that absent a last minute deal, there was no money to pay the IMF at the end of June.
[11:38] {dino} xon sm s .11
[11:47] {dino} cov xon .85, +.26
[11:48] {dino} finally back in the black, tough morning
01[11:48] {@Threei}  wtg
01[11:48] {@Threei}  http://higherperspectives.com/hell/
01[12:08] {@Threei}  (GR) ECB said to raise ELA ceiling from €83B to €84.1B
[13:01] {nemo} sheesh...didn't think we'd have this kinda' action today...must be raising rates
01[13:05] {@Threei}  nah
01[13:07] {@Threei} Long Setup:  MCD  .65 break
01[13:07] {@Threei}  If holds  .60
[13:07] {dino} w/strong dollar, doubt any raise soon. plus greece chaos
01[13:11] {@Threei}  right
06[13:21] * @Threei kicks burger in the rear
[13:24] {dino} trip spike
[13:27] {dino} trip sm s .09
01[13:30] {@Threei}  (US) Preview: FOMC rate decision to be released at 14:00ET; Fed economic forecast at 14:00ET; Yellen press conf at 14:30ET Though the Fed has removed the last of its calendar based guidance and indicated that any future meeting is now "live" for a possible rate hike, rate liftoff is not expected in today's policy announcement. Economic data has only just started to rebound from the anemic Q1 numbers, and most analysts now see the September meeting as the likely timeframe for the Fed's first rate hike. It seems highly unlikely that the Fed would spring a surprise rate hike on the markets today after spending years talking about transparency.
01[13:33] {@Threei}  half out MCD
[13:36] {dino} trip stopped
[13:42] {dino} trip sm s .65
[13:47] {dino} stopped again
01[13:54] {@Threei}  1/4 more out MCD
[13:55] {nemo} FED
01[14:00] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: INFLATION CONTINUES TO RUN BELOW TARGET; ENERGY PRICES APPEAR TO HAVE STABILIZED - Vote: 10-0
01[14:01] {@Threei}  eeck
01[14:01] {@Threei}  market did the weirdest cha-cha-cha I've seen since flash crash
01[14:03] {@Threei}  Fed Rate Path Forecast: 15 officials see first hike in 2015 (15 prior); 2 see first hike in 2016 (2 prior)
01[14:04] {@Threei}  so how is it anything new and exciting?
[14:06] {dino} time to go down
01[14:08] {@Threei}  one more spike, IMO
[14:09] {nemo} try for stops above today's highs perhaps
[14:09] {nemo} 90% of the time highs and lows on FOMC day are made AFTER 2:00 pm
01[14:18] {@Threei} Long Setup:  MCD  .10 break
01[14:19] {@Threei}  If holds  95
01[14:20] {@Threei}  Invalidated
[14:21] {dino} vxx l .70
[14:39] {dino}  vxx stop .58, -.12
01[14:48] {@Threei}  to the moon alice
[14:48] {nemo} .65 gap fill
01[14:54] {@Threei}  FB... break of fail
01[14:57] {@Threei}  If holds  .10
01[14:57] {@Threei} Short Setup: FB  82 break
01[15:03] {@Threei}  die already, will ya
[15:04] {nemo} not going down with the market
01[15:06] {@Threei}  (US) Fed Chair Yellen: Have to be cautious about starting too early or too late on liftoff - Q&A - Reiterates timing of first rate hike is less than important than overall trajectory of rate policy over time- Committee will look at a wide variety of data in making decision on when lift off is appropriate; there is no simple formula; reiterates still looking for more progress on labor market and there has been some progress on inflation
01[15:07] {@Threei}  it didn't go up with market earlier, and move up was much larger
01[15:12] {@Threei}  stop to .06
01[15:15] {@Threei}  meh
01[15:20] {@Threei} Long Setup:  IWM  .50 break
01[15:20] {@Threei}  If holds  .40
01[15:25] {@Threei}  HTZ Seeing call activity4600 Jul 21 calls trade at $0.70
01[15:31] {@Threei}  no go
01[15:32] {@Threei}  USD extending decline across the board; EUR/USD rises above $1.1350 (1-week high)
01[15:34] {@Threei}  [EW] FDA approves Sapien 3 artificial heart valve
01[15:35] {@Threei}  man... dino'd have a field day with this one
01[15:36] {@Threei}  a dollar drop in one breathe
01[15:38] {@Threei}  2
01[15:40] {@Threei}  ok guys, thank you, have a good evening
01[15:40] {@Threei}  see you tomorrow