TradeTheNews.com Weekly
Market Update: Greek Crisis Averted (again), Fed Stays Flexible
Fri, 27 Feb 2015 16:26 PM EST
The seemingly inexorable rise in global equities continued this week, though US
stocks took a pause, hovering just below all-time highs as the fourth-quarter
earnings season draws to a close and US economic data remains pretty decent.
The Shanghai Composite saw strong gains as China returned from the Lunar New
Year holiday to more injections of PBoC liquidity. European equity indices
surged to multi-year highs this week thanks to a glimmer of positive economic
data and the upcoming launch of the ECB's quantitative easing program in March.
More details on the program are expected at the ECB meeting next week. European
and Greek officials kicked the can four months down the road while preliminary
February German CPI inflation was +0.1%, after falling to -0.4% in January. US
interest rates drifted lower led by the back end of the Treasury curve. The
10-year yield declined by more than 10 basis points on the week. A combination
of mixed US economic data and Fed Chair Yellen's testimony on Capitol Hill
failed to cement expectations that a June liftoff was definitely in the cards.
For the week, the DJIA was about flat, the S&P500 fell 0.3% and the Nasdaq
eked out a 0.2% gain.
Yellen's Congressional testimony largely reiterated the tone and content of the
FOMC minutes from the January meeting. Yellen established more flexibility for
rate lift off by emphasizing that changes to the forward guidance regarding the
"patient" language would proceed hikes but would not necessarily
indicate imminent tightening. Policy changes remain dependent on employment and
inflation data, although Yellen reiterated there is no evidence inflation will
move above 2% anytime soon. In a speech late in the week, Atlanta Fed Governor
Dennis Lockhart framed the Fed's dilemma: it must weigh weak inflation data
against good growth and continued employment gains. Fed moderate Bullard
reiterated that if the Fed got too far behind the curve on rate hikes,
financial markets could react violently to policy changes.
Another look at solid fourth quarter GDP and the January CPI readings
underscored the Fed's dilemma: headline y/y CPI fell into negative territory
for the first time since December 2009, with the -0.1% decline a big slip from
the prior month's +0.8% reading. There's no mystery behind the reading, which
was widely expected: depressed crude prices. The core reading, which strips out
energy prices, was unchanged from the prior month at +1.6%, but was still well
short of the Fed's 2.0% target. Meanwhile the second reading of fourth-quarter
GDP was pretty good, declining less than expected to +2.2% from the +2.6%
advance number and personal consumption slipped a bit to +4.2%. EUR/USD saw a
major move lower after the US CPI data, dropping from 1.1380 to 1.1190 on
Thursday, and then testing 1.1180 on Friday. Recall that the 1.1110 level seen
in late January was the lowest level in the pair since 2003.
The January home sales numbers out this week indicated the housing sector
continues to chug along at a modest pace. January new home sales were little
changed from the six-year high seen in the December data, while median prices
slipped a bit lower. January existing home sales slipped a bit lower from the
December rate, but were still up 3.2% y/y. Homebuilder Toll Brothers crushed
expectations in its fourth quarter report, with demand for its new homes up by
double-digits y/y. The overriding concern heading into the spring selling
season remains low inventories nationwide.
Greece and its European partners reached a deal to extend the current bailout
plan for an additional four months, helping Athens cover bond payments due over
the next several months. After weeks of pressure, the new Greek government
agreed to certain vague "concessions" (pension liberalization, better
tax collection, a promise not to roll back completed privatizations) in order
to obtain the extension, although press reports suggested that the euro zone is
skeptical that the Greeks will follow through on them. However weak, the
concessions are seen in Greece as a retreat by Syriza from its election pledges
to write off a big chunk of Greece's sovereign debt and end austerity. With
close to €20 billion in deposit outflows from its banks, Greece remains in a
precarious position, and negotiations will begin again for a more lasting solution
to the nation's problems.
Brent and WTI crude futures diverged this week. After bouncing higher the first
half of February, WTI weakened. The Baker Hughes weekly US total rig count
continues to drop, though the steep rate of decline has eased in the last two
weeks. The API and EIA weekly inventory reports featured more big builds in
crude stocks, while the continuing refinery strike depressed demand, even as
gasoline stocks have seen drawdowns. Meanwhile Brent sustained the gains seen
earlier in the month as the moderately positive euro zone data and supply
disruptions in Libya helped propel the contract back above $61.
The December quarter earnings season wrapped up with retail reports. Home Depot
disclosed a very strong fourth-quarter report, with earnings and revenue above
expectations and solid comps. Both The Gap and TJX met expectations, hiked
dividends and topped up share buyback programs, although Gap's FY guidance was
not great. Target's fourth-quarter numbers were satisfactory but its first-quarter
guidance was a bit soft. Macy's met all expectations and offered flattish
guidance.
On the M&A front, Valeant Pharmaceuticals nabbed a hot biotech name,
helping it recover from the loss of Allergan. On Sunday Valeant reached a deal
to acquire gastrointestinal drug firm Salix Pharmaceuticals in an all-cash deal
valued at about $10 billion. The companies said the deal had an enterprise
value of $14.5 billion, which would include Salix's debt and any cash on hand.
Valeant will pay around $158/share.
China returned from a week-long holiday break to a surprise rebound in the
February HSBC flash manufacturing PMI reading. The report popped back into
expansion territory after two months in contraction, although the report
featured a contraction in export orders for the first time since April of last
year. The PBoC approved an additional 0.5% of RRR rate cuts for several urban
banks that was estimated to release up to CNY100B of liquidity into the system.
The central bank also injected another CNY38B through its regular open market
operations via 14-day reverse repos. The Shanghai Composite rallied 2.5% on the
week.
On balance, the February Japan economic data signaled that policymakers'
cheerleading of the economy has yielded little progress. The jobless rate rose
to a four-month high after falling to 17-year lows last month despite reports
of tightening labor conditions ahead of spring wage talks. Household spending
fell for the 10th straight month, while the drop in retail sales was worse than
expected. CPI figures - the most closely monitored metric for its potential
implication on BOJ policy - were similarly unimpressive. Nationwide, core CPI
hit a 10-month low of 2.2%, and stripping away the tax increase impact core CPI
fell to just 0.2% from 0.5% in December. There were press reports about an
emerging rift between Prime Minister Abe and BOJ Governor Kuroda, and there is
talk Kuroda is also uneasy about the government's plan to raise the sales tax
in 2017.
Friday, February 27, 2015
Feb 27 2105
Not too active but still positive day, finishing almost perfect week and decent month.
Session Time: Fri Feb 27 00:00:00 2015
[08:55] {dino> gm
01[08:55] {@Threei> dino :)
[08:58] {dino> 3i, it's a heat wave, was only -3 f when i got up at 6 am, now a sweltering 6f
01[08:59] {@Threei> wow
01[08:59] {@Threei> lol
01[09:06] {@Threei> allow me to start the day with exceptionally original, totally unexpected and really susprizing news:
01[09:06] {@Threei> - (GR) Reportedly a third rescue package remains a possibility for Greece as it could need over €30B over the next 2 years
01[09:07] {@Threei> who could have thought
[09:12] {cosmo> I was thinking interest free
[09:12] {dino> only 30b?
01[09:12] {@Threei> it's a small country, dino :)
[09:13] {dino> heck, why doesn't germany just buy the country
01[09:14] {@Threei> they already did, twice over
01[09:14] {@Threei> now they just haggle over demand to pay thrid time for their purchase
[09:25] {dino> hawk down again
[09:25] {RonS> gm
01[09:25] {@Threei> ron :)
01[09:29] {@Threei> Upside:
01[09:29] {@Threei> -ABTL +18% (earnings)
01[09:29] {@Threei> -SREV +18% (earnings)
01[09:29] {@Threei> -CLNE +14% (earnings)
01[09:29] {@Threei> -MNST +10% (earnings)
01[09:29] {@Threei> -SD +8.5% (earnings)
01[09:29] {@Threei> -ARUN +7% (earnings)
01[09:29] {@Threei> -TTPH +6% (momentum ahead of eps report)
01[09:29] {@Threei> -ROST +5% (earnings)
01[09:29] {@Threei> -OVTI +5% (earnings)
01[09:29] {@Threei> Downside:
01[09:29] {@Threei> -WTW -19% (earnings)
01[09:29] {@Threei> -JCP -15% (earnings)
01[09:29] {@Threei> -TUBE -15% (earnings)
01[09:29] {@Threei> -PBPB -8% (CFO resigns, moves to another company)
01[09:29] {@Threei> -DFGR -7% (earnings)
01[09:29] {@Threei> -NVAX -5% (earnings)
01[09:29] {@Threei> -CYBR -3.3% (files registration statement for proposed secondary offering)
01[09:29] {@Threei> -CROX -2.7% (earnings)
01[09:33] {@Threei> Short Setup: FB .75 break
01[09:33] {@Threei> If holds .85
01[09:33] {@Threei> Invalidated
01[09:35] {@Threei> Long Setup: VXX .70 break
01[09:35] {@Threei> If holds .65
01[09:39] {@Threei> Short Setup: FB .10 break
01[09:40] {@Threei> ugh... late
01[09:40] {@Threei> meh VXX
01[09:40] {@Threei> FB got away
01[09:45] {@Threei> *(US) FEB CHICAGO PURCHASING MANAGER: 45.8 V 58.0E -
01[09:45] {@Threei> Long Setup: FB .50 break
01[09:45] {@Threei> If holds .40
01[09:46] {@Threei> Long Setup: FB .20 break
01[09:46] {@Threei> If holds .10
01[09:47] {@Threei> 1:1
[09:48] {RonS> Chicago PMI 45.8, down from 59.4, LOWEST SINCE JULY 2009
01[09:49] {@Threei> nice recovery
01[09:49] {@Threei> FB same setup again
01[09:51] {@Threei> heavy
01[09:52] {@Threei> no go this time
[09:55] {jfjf64> Gm all
01[09:55] {@Threei> jf :)
[09:57] {RonS> sndk spike
[09:58] {jfjf64> S .85 sndk
[09:59] {jfjf64> If holds
01[10:00] {@Threei> *(US) FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 95.4 V 94.0E
01[10:00] {@Threei> 10:00 *(US) JAN PENDING HOME SALES M/M: 1.7% V 2.0%E; Y/Y: 6.5% V 8.7%E
[10:04] {jfjf64> Nice find ronnie
[10:05] {dino> isis calls added
[10:05] {jfjf64> Kiss watchin
[10:05] {jfjf64> Kss
[10:07] {jfjf64> .70 break fb
[10:08] {jfjf64> 1/1
[10:09] {jfjf64> 1/2
01[10:12] {@Threei> wtg
[10:12] {jfjf64> Ty
[10:13] {jfjf64> Missed kss
[10:13] {dino> gj
[10:13] {RonS> heavy call buying in the 3/6 strikes sndk...do not short this imo
[10:13] {jfjf64> .10 break
01[10:13] {@Threei> that's OK jf, we all missed one or two ksses in our life
[10:13] {jfjf64> Lol
[10:14] {jfjf64> Sndk made nice base o pb looks higher
[10:16] {dino> data pulp
[10:17] {RonS> must be printed on paper?
01[10:17] {@Threei> Short Setup: FB .70 break
01[10:17] {@Threei> If holds .80
01[10:17] {@Threei> aggressive for .60 total breakdown
[10:17] {dino> sheesh
[10:17] {RonS> eyes bugging out
01[10:17] {@Threei> that was actually good Ron
01[10:18] {@Threei> I mean data pulp printed on paper
01[10:20] {@Threei> Invalidated
[10:22] {RonS> asps ocn down again
[10:27] {dino> at some point i would think takeover on asps
[10:29] {RonS> akrx blowoff move?
01[10:29] {@Threei> FB again
[10:29] {RonS> hmmm, akrx 12% float short
01[10:29] {@Threei> same setup
01[10:29] {@Threei> .70 break short
[10:30] {dino> data sm l .67
[10:30] {dino> .76
01[10:31] {@Threei> invalidated again
01[10:31] {@Threei> poor BBRY, even Russia doesn't want it anymore
01[10:31] {@Threei> [BBRY] Vimpelcom reportedly intends to halt the connection of new Blackberry clients - Russia press - VIP also plans to double service costs for existing Blackberry users, effective March 2nd
01[10:32] {@Threei> since Russia damned AAPL too when CEO came out of closet, they probably are going back to rotary phones
[10:33] {cosmo> I miss rotary dial btw
01[10:33] {@Threei> I do too, especially ever since that joke came out
[10:34] {cosmo> its reality
01[10:34] {@Threei> - hi, is this 555 -5555? could you please call 911 for me?
01[10:34] {@Threei> - ????
01[10:34] {@Threei> - well, my finger stuck in 5, I need paramedics...
01[10:35] {@Threei> speaking of AAPL... AAPL CEO Cook: Apple Watch could bring about a tech revolution similar to the iPhone; asserts the battery will last all day
[10:35] {cosmo> just like the only time I ever went bowling
01[10:35] {@Threei> lol
[10:36] {jfjf64> Twtr l.15
01[10:37] {@Threei> Short Setup: FB .60 break
01[10:37] {@Threei> If holds .70
01[10:38] {@Threei> that .70 idea was the right one, just never shaped up right
01[10:39] {@Threei> 1:1
[10:40] {jfjf64> .60 long I'm going
[10:40] {jfjf64> F with us
01[10:41] {@Threei> what about GM?
[10:42] {jfjf64> Lol I'm sayin fb fu ked with us
[10:42] {jfjf64> Still is
01[10:43] {@Threei> sorry, I just converse with Ron for too long
[10:43] {jfjf64> Lol
[10:51] {dino> wday sm l .08 stop lod
[10:51] {jfjf64> AAPL l .90 break
[10:51] {jfjf64> Invalid
[10:53] {jfjf64> Airs pushin up
[10:54] {jfjf64> Akrx
[10:55] {dino> bita drop
[10:56] {jfjf64> Yum pushin up
[10:58] {RonS> blox tackled
[10:59] {jfjf64> .50. S yum
[11:00] {dino> wday stopped
[11:01] {jfjf64> Invalid
[11:01] {jfjf64> Gonna nail one of these
[11:04] {jfjf64> Alex got away
[11:05] {jfjf64> Akrx
01[11:11] {@Threei> Short Setup: MCD 99 break
01[11:12] {@Threei> If holds .10
[11:13] {jfjf64> Yum s .70
[11:14] {jfjf64> Inv
[11:14] {dino> wday rinsed
[11:27] {RonS> bita not sweet
[11:27] {jfjf64> .30 l hlf
[11:29] {jfjf64> 1/1
01[11:29] {@Threei> no Ron... just say no
[11:30] {jfjf64> 1/2
[11:30] {RonS> gj
[11:31] {jfjf64> I'm out
[11:31] {jfjf64> Ty
[11:33] {dino> gj
01[11:42] {@Threei> 1:1
[11:42] {jfjf64> McDonald's go heavy
[11:42] {jfjf64> Got heavy
[11:43] {jfjf64> Didn't realize ya were still in vg
01[11:43] {@Threei> 1:2
[11:43] {jfjf64> Dieeeeee
01[11:43] {@Threei> why wouldn't I
01[11:43] {@Threei> stop was never hit
01[11:44] {@Threei> trade remained valid
[11:44] {jfjf64> .78 support
[11:44] {jfjf64> I know da rules boss
[11:44] {jfjf64> Lol
[11:47] {jfjf64> Boy .78 a wall
01[11:48] {@Threei> closed last piece on a trail
[11:49] {jfjf64> Let's keep on radar
[11:49] {jfjf64> When that .78 breaks
[11:49] {jfjf64> Then lod then diee
[11:50] {jfjf64> Maybe
[11:50] {jfjf64> Lol
[11:51] {jfjf64> Hmm
[11:51] {jfjf64> .77 thinkin
[11:52] {jfjf64> ?
01[11:53] {@Threei> nah
[11:54] {jfjf64> Fb.30 break l
[11:55] {jfjf64> 1/1
[12:06] {jfjf64> 1/2
01[12:07] {@Threei> wtg
[12:07] {jfjf64> Ty
[12:08] {jfjf64> McDonald's .77 will try last trade day
[12:09] {jfjf64> Naa
[12:09] {jfjf64> All enjoy weekend ty
[12:09] {jfjf64> Vg
[12:10] {RonS> cya jf
01[12:10] {@Threei> take care jf
[12:10] {jfjf64> See monday
[12:11] {jfjf64> Lod
[12:11] {jfjf64> I hate you mcd
01[12:20] {@Threei> MCD won't accept jf in its shops anymore I guess
01[12:35] {@Threei> Short Setup: FB .20 break
01[12:35] {@Threei> If holds .30
01[12:42] {@Threei> Spock has died
[12:43] {RonS> ya
[12:44] {RonS> ...he was russian...heritage
[12:46] {RonS> saw him introduce the cd for Phillips in Seattle in 82 or 3...seemed like a nice guy...great voice
[12:51] {RonS> crox snappy
[12:53] {RonS> data bad
[12:56] {RonS> clne up on aisle 9
[12:56] {RonS> ocn bouncing
01[13:02] {@Threei> Short Setup: TWTR .83 break
01[13:02] {@Threei> a bit fast
01[13:02] {@Threei> let's cancel and wait for bounce
[13:19] {RonS> crude -$ since rig report 48.61
[13:20] {RonS> -$1
01[13:21] {@Threei> there was an exchange somwhere on the net couple days ago, coming to: plenty of tankers with oil are in various stages of delivery, delayed as much as possible, in hope for price recovery,
01[13:22] {@Threei> and since it's very expensive to keep them, sooner rather than later all this glut will hit the market
01[13:22] {@Threei> and 40, 30 and below is not out of question
01[13:22] {@Threei> can't estimate how true that is of course
[13:23] {RonS> data keeps getting worse...
[13:26] {RonS> eyes blinding
[13:29] {dino> mygalloons.com
[13:29] {dino> mygallons.com
[13:31] {RonS> nutz, not a porn site... lol
01[13:31] {@Threei> lol
[13:33] {RonS> anip dip
[14:22] {RonS> wow, now crude running to $50
[14:22] {dino> ttph blood
[14:26] {RonS> eyes poked
01[14:27] {@Threei> lol
[14:29] {dino> ttph hl l .99
[14:37] {RonS> "Great minds discuss ideas. Average minds discuss events. Small minds discuss people." - Eleanor Roosevelt
01[14:38] {@Threei> and who discusses Eleanor Roosevelt?
01[14:43] {@Threei> no news
01[14:43] {@Threei> sudden market drop
01[14:45] {@Threei> watching VXX for enty on pullback, around .60
[14:45] {dino> out ttph .42, +.43
01[14:47] {@Threei> wtg
[14:51] {dino> ty
[14:54] {RonS> dino, fwiw somehow Fidelity has been getting me market order fills on buys close to the bids and sells close to the offer...for instance i got ttph at .91 and sold at .55...between the two trades the spread was 14 cents...the buy .08 and the sell .06...they also only charge $7.95
[14:58] {RonS> ...also thinking both of us should review Options House... $4.95 stock trade charges and cheap options charges...they are now using the OptionMonster platform now that they are mereged with that company...again fwiw
01[15:00] {@Threei> wow
01[15:01] {@Threei> VXX
[15:01] {dino> not moving my stsmartpro, i like the free charts and free scanners. as for options, i use optionshouse/optionmonster
[15:02] {RonS> do they have directed options trading there?
[15:06] {dino> stsmart? yes
01[15:06] {@Threei> messy chart... no clear entry yet
[15:07] {RonS> no...options house
[15:07] {RonS> ?
[15:08] {dino> its the former optionsmonster, they have directed services you can subscribe to if that is what you mean
[15:08] {dino> i don't use them, i trade my mind
[15:08] {RonS> why subscribe? isn't it a platform feature?
[15:08] {dino> not sure
[15:08] {dino> i've seen sub services on it
[15:09] {RonS> directed options trading means directing your trade to a specific exchange...
[15:09] {dino> lol, sorry. not sure
[15:09] {RonS> same thing for stock, which is pretty standard...
[15:10] {dino> i rarely hit the ask am always near bid
[15:10] {dino> patience
01[15:15] {@Threei> Long Setup: VXX .80 break
01[15:15] {@Threei> If holds ,70
01[15:21] {@Threei> nah
01[15:30] {@Threei> if I hear about the color of that dress one more time, I will be drinking myself into oblivion for a month
01[15:30] {@Threei> what is it, mass lapse of reason?
[15:31] {dino> you asking the wrong guy, color blind
01[15:31] {@Threei> hehe
01[15:31] {@Threei> you are not taking part in the greatest debate of 21 century then
[15:32] {dino> nope, hardly ever get colors right
[15:32] {dino> found out in 2nd grade, i was coloring my xmas trees brown. teacher thought there was a problem at home
01[15:32] {@Threei> wow... lol
[15:33] {dino> during golf season, my daughters' always saying,"dad, you can't wear that shirt with those shorts"
[15:34] {dino> wow wtw
[15:34] {RonS> isn't that why Johnny Cash only wore black?
[15:35] {RonS> of course for golf you would burn up...
[15:36] {RonS> wtw get thinner?
[15:36] {RonS> +s
[15:37] {dino> its funny, when you see the world as i do, you don't notice things.
[15:37] {dino> for example, in summer the grass is orange to me, in fall/winter it is green
[15:37] {dino> world is pretty bright in the summer
[15:39] {dino> always thought geranimals for adults would be helpful
[15:39] {RonS> will take your word for it but if you see the wrong colors how do you know the color you are seeing? just wondering...
[15:40] {dino> because i lose orange things in the grass (dogs frisbie, those orange golf balls)
[15:40] {RonS> ah
[15:41] {dino> whenever i get orange golf balls for a gift, i re-gift them. cannot find them in the grass
01[15:41] {@Threei> wow
01[15:41] {@Threei> Short Setup: FB .70 break
[15:41] {dino> i am red/green deficeint
01[15:41] {@Threei> If holds ,80
01[15:42] {@Threei> last attempt
[15:48] {dino> ual drop
[15:50] {RonS> adios amigos...
01[15:50] {@Threei> ok guys, have a great weekend
01[15:50] {@Threei> see you monday
Session Time: Fri Feb 27 00:00:00 2015
[08:55] {dino> gm
01[08:55] {@Threei> dino :)
[08:58] {dino> 3i, it's a heat wave, was only -3 f when i got up at 6 am, now a sweltering 6f
01[08:59] {@Threei> wow
01[08:59] {@Threei> lol
01[09:06] {@Threei> allow me to start the day with exceptionally original, totally unexpected and really susprizing news:
01[09:06] {@Threei> - (GR) Reportedly a third rescue package remains a possibility for Greece as it could need over €30B over the next 2 years
01[09:07] {@Threei> who could have thought
[09:12] {cosmo> I was thinking interest free
[09:12] {dino> only 30b?
01[09:12] {@Threei> it's a small country, dino :)
[09:13] {dino> heck, why doesn't germany just buy the country
01[09:14] {@Threei> they already did, twice over
01[09:14] {@Threei> now they just haggle over demand to pay thrid time for their purchase
[09:25] {dino> hawk down again
[09:25] {RonS> gm
01[09:25] {@Threei> ron :)
01[09:29] {@Threei> Upside:
01[09:29] {@Threei> -ABTL +18% (earnings)
01[09:29] {@Threei> -SREV +18% (earnings)
01[09:29] {@Threei> -CLNE +14% (earnings)
01[09:29] {@Threei> -MNST +10% (earnings)
01[09:29] {@Threei> -SD +8.5% (earnings)
01[09:29] {@Threei> -ARUN +7% (earnings)
01[09:29] {@Threei> -TTPH +6% (momentum ahead of eps report)
01[09:29] {@Threei> -ROST +5% (earnings)
01[09:29] {@Threei> -OVTI +5% (earnings)
01[09:29] {@Threei> Downside:
01[09:29] {@Threei> -WTW -19% (earnings)
01[09:29] {@Threei> -JCP -15% (earnings)
01[09:29] {@Threei> -TUBE -15% (earnings)
01[09:29] {@Threei> -PBPB -8% (CFO resigns, moves to another company)
01[09:29] {@Threei> -DFGR -7% (earnings)
01[09:29] {@Threei> -NVAX -5% (earnings)
01[09:29] {@Threei> -CYBR -3.3% (files registration statement for proposed secondary offering)
01[09:29] {@Threei> -CROX -2.7% (earnings)
01[09:33] {@Threei> Short Setup: FB .75 break
01[09:33] {@Threei> If holds .85
01[09:33] {@Threei> Invalidated
01[09:35] {@Threei> Long Setup: VXX .70 break
01[09:35] {@Threei> If holds .65
01[09:39] {@Threei> Short Setup: FB .10 break
01[09:40] {@Threei> ugh... late
01[09:40] {@Threei> meh VXX
01[09:40] {@Threei> FB got away
01[09:45] {@Threei> *(US) FEB CHICAGO PURCHASING MANAGER: 45.8 V 58.0E -
01[09:45] {@Threei> Long Setup: FB .50 break
01[09:45] {@Threei> If holds .40
01[09:46] {@Threei> Long Setup: FB .20 break
01[09:46] {@Threei> If holds .10
01[09:47] {@Threei> 1:1
[09:48] {RonS> Chicago PMI 45.8, down from 59.4, LOWEST SINCE JULY 2009
01[09:49] {@Threei> nice recovery
01[09:49] {@Threei> FB same setup again
01[09:51] {@Threei> heavy
01[09:52] {@Threei> no go this time
[09:55] {jfjf64> Gm all
01[09:55] {@Threei> jf :)
[09:57] {RonS> sndk spike
[09:58] {jfjf64> S .85 sndk
[09:59] {jfjf64> If holds
01[10:00] {@Threei> *(US) FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 95.4 V 94.0E
01[10:00] {@Threei> 10:00 *(US) JAN PENDING HOME SALES M/M: 1.7% V 2.0%E; Y/Y: 6.5% V 8.7%E
[10:04] {jfjf64> Nice find ronnie
[10:05] {dino> isis calls added
[10:05] {jfjf64> Kiss watchin
[10:05] {jfjf64> Kss
[10:07] {jfjf64> .70 break fb
[10:08] {jfjf64> 1/1
[10:09] {jfjf64> 1/2
01[10:12] {@Threei> wtg
[10:12] {jfjf64> Ty
[10:13] {jfjf64> Missed kss
[10:13] {dino> gj
[10:13] {RonS> heavy call buying in the 3/6 strikes sndk...do not short this imo
[10:13] {jfjf64> .10 break
01[10:13] {@Threei> that's OK jf, we all missed one or two ksses in our life
[10:13] {jfjf64> Lol
[10:14] {jfjf64> Sndk made nice base o pb looks higher
[10:16] {dino> data pulp
[10:17] {RonS> must be printed on paper?
01[10:17] {@Threei> Short Setup: FB .70 break
01[10:17] {@Threei> If holds .80
01[10:17] {@Threei> aggressive for .60 total breakdown
[10:17] {dino> sheesh
[10:17] {RonS> eyes bugging out
01[10:17] {@Threei> that was actually good Ron
01[10:18] {@Threei> I mean data pulp printed on paper
01[10:20] {@Threei> Invalidated
[10:22] {RonS> asps ocn down again
[10:27] {dino> at some point i would think takeover on asps
[10:29] {RonS> akrx blowoff move?
01[10:29] {@Threei> FB again
[10:29] {RonS> hmmm, akrx 12% float short
01[10:29] {@Threei> same setup
01[10:29] {@Threei> .70 break short
[10:30] {dino> data sm l .67
[10:30] {dino> .76
01[10:31] {@Threei> invalidated again
01[10:31] {@Threei> poor BBRY, even Russia doesn't want it anymore
01[10:31] {@Threei> [BBRY] Vimpelcom reportedly intends to halt the connection of new Blackberry clients - Russia press - VIP also plans to double service costs for existing Blackberry users, effective March 2nd
01[10:32] {@Threei> since Russia damned AAPL too when CEO came out of closet, they probably are going back to rotary phones
[10:33] {cosmo> I miss rotary dial btw
01[10:33] {@Threei> I do too, especially ever since that joke came out
[10:34] {cosmo> its reality
01[10:34] {@Threei> - hi, is this 555 -5555? could you please call 911 for me?
01[10:34] {@Threei> - ????
01[10:34] {@Threei> - well, my finger stuck in 5, I need paramedics...
01[10:35] {@Threei> speaking of AAPL... AAPL CEO Cook: Apple Watch could bring about a tech revolution similar to the iPhone; asserts the battery will last all day
[10:35] {cosmo> just like the only time I ever went bowling
01[10:35] {@Threei> lol
[10:36] {jfjf64> Twtr l.15
01[10:37] {@Threei> Short Setup: FB .60 break
01[10:37] {@Threei> If holds .70
01[10:38] {@Threei> that .70 idea was the right one, just never shaped up right
01[10:39] {@Threei> 1:1
[10:40] {jfjf64> .60 long I'm going
[10:40] {jfjf64> F with us
01[10:41] {@Threei> what about GM?
[10:42] {jfjf64> Lol I'm sayin fb fu ked with us
[10:42] {jfjf64> Still is
01[10:43] {@Threei> sorry, I just converse with Ron for too long
[10:43] {jfjf64> Lol
[10:51] {dino> wday sm l .08 stop lod
[10:51] {jfjf64> AAPL l .90 break
[10:51] {jfjf64> Invalid
[10:53] {jfjf64> Airs pushin up
[10:54] {jfjf64> Akrx
[10:55] {dino> bita drop
[10:56] {jfjf64> Yum pushin up
[10:58] {RonS> blox tackled
[10:59] {jfjf64> .50. S yum
[11:00] {dino> wday stopped
[11:01] {jfjf64> Invalid
[11:01] {jfjf64> Gonna nail one of these
[11:04] {jfjf64> Alex got away
[11:05] {jfjf64> Akrx
01[11:11] {@Threei> Short Setup: MCD 99 break
01[11:12] {@Threei> If holds .10
[11:13] {jfjf64> Yum s .70
[11:14] {jfjf64> Inv
[11:14] {dino> wday rinsed
[11:27] {RonS> bita not sweet
[11:27] {jfjf64> .30 l hlf
[11:29] {jfjf64> 1/1
01[11:29] {@Threei> no Ron... just say no
[11:30] {jfjf64> 1/2
[11:30] {RonS> gj
[11:31] {jfjf64> I'm out
[11:31] {jfjf64> Ty
[11:33] {dino> gj
01[11:42] {@Threei> 1:1
[11:42] {jfjf64> McDonald's go heavy
[11:42] {jfjf64> Got heavy
[11:43] {jfjf64> Didn't realize ya were still in vg
01[11:43] {@Threei> 1:2
[11:43] {jfjf64> Dieeeeee
01[11:43] {@Threei> why wouldn't I
01[11:43] {@Threei> stop was never hit
01[11:44] {@Threei> trade remained valid
[11:44] {jfjf64> .78 support
[11:44] {jfjf64> I know da rules boss
[11:44] {jfjf64> Lol
[11:47] {jfjf64> Boy .78 a wall
01[11:48] {@Threei> closed last piece on a trail
[11:49] {jfjf64> Let's keep on radar
[11:49] {jfjf64> When that .78 breaks
[11:49] {jfjf64> Then lod then diee
[11:50] {jfjf64> Maybe
[11:50] {jfjf64> Lol
[11:51] {jfjf64> Hmm
[11:51] {jfjf64> .77 thinkin
[11:52] {jfjf64> ?
01[11:53] {@Threei> nah
[11:54] {jfjf64> Fb.30 break l
[11:55] {jfjf64> 1/1
[12:06] {jfjf64> 1/2
01[12:07] {@Threei> wtg
[12:07] {jfjf64> Ty
[12:08] {jfjf64> McDonald's .77 will try last trade day
[12:09] {jfjf64> Naa
[12:09] {jfjf64> All enjoy weekend ty
[12:09] {jfjf64> Vg
[12:10] {RonS> cya jf
01[12:10] {@Threei> take care jf
[12:10] {jfjf64> See monday
[12:11] {jfjf64> Lod
[12:11] {jfjf64> I hate you mcd
01[12:20] {@Threei> MCD won't accept jf in its shops anymore I guess
01[12:35] {@Threei> Short Setup: FB .20 break
01[12:35] {@Threei> If holds .30
01[12:42] {@Threei> Spock has died
[12:43] {RonS> ya
[12:44] {RonS> ...he was russian...heritage
[12:46] {RonS> saw him introduce the cd for Phillips in Seattle in 82 or 3...seemed like a nice guy...great voice
[12:51] {RonS> crox snappy
[12:53] {RonS> data bad
[12:56] {RonS> clne up on aisle 9
[12:56] {RonS> ocn bouncing
01[13:02] {@Threei> Short Setup: TWTR .83 break
01[13:02] {@Threei> a bit fast
01[13:02] {@Threei> let's cancel and wait for bounce
[13:19] {RonS> crude -$ since rig report 48.61
[13:20] {RonS> -$1
01[13:21] {@Threei> there was an exchange somwhere on the net couple days ago, coming to: plenty of tankers with oil are in various stages of delivery, delayed as much as possible, in hope for price recovery,
01[13:22] {@Threei> and since it's very expensive to keep them, sooner rather than later all this glut will hit the market
01[13:22] {@Threei> and 40, 30 and below is not out of question
01[13:22] {@Threei> can't estimate how true that is of course
[13:23] {RonS> data keeps getting worse...
[13:26] {RonS> eyes blinding
[13:29] {dino> mygalloons.com
[13:29] {dino> mygallons.com
[13:31] {RonS> nutz, not a porn site... lol
01[13:31] {@Threei> lol
[13:33] {RonS> anip dip
[14:22] {RonS> wow, now crude running to $50
[14:22] {dino> ttph blood
[14:26] {RonS> eyes poked
01[14:27] {@Threei> lol
[14:29] {dino> ttph hl l .99
[14:37] {RonS> "Great minds discuss ideas. Average minds discuss events. Small minds discuss people." - Eleanor Roosevelt
01[14:38] {@Threei> and who discusses Eleanor Roosevelt?
01[14:43] {@Threei> no news
01[14:43] {@Threei> sudden market drop
01[14:45] {@Threei> watching VXX for enty on pullback, around .60
[14:45] {dino> out ttph .42, +.43
01[14:47] {@Threei> wtg
[14:51] {dino> ty
[14:54] {RonS> dino, fwiw somehow Fidelity has been getting me market order fills on buys close to the bids and sells close to the offer...for instance i got ttph at .91 and sold at .55...between the two trades the spread was 14 cents...the buy .08 and the sell .06...they also only charge $7.95
[14:58] {RonS> ...also thinking both of us should review Options House... $4.95 stock trade charges and cheap options charges...they are now using the OptionMonster platform now that they are mereged with that company...again fwiw
01[15:00] {@Threei> wow
01[15:01] {@Threei> VXX
[15:01] {dino> not moving my stsmartpro, i like the free charts and free scanners. as for options, i use optionshouse/optionmonster
[15:02] {RonS> do they have directed options trading there?
[15:06] {dino> stsmart? yes
01[15:06] {@Threei> messy chart... no clear entry yet
[15:07] {RonS> no...options house
[15:07] {RonS> ?
[15:08] {dino> its the former optionsmonster, they have directed services you can subscribe to if that is what you mean
[15:08] {dino> i don't use them, i trade my mind
[15:08] {RonS> why subscribe? isn't it a platform feature?
[15:08] {dino> not sure
[15:08] {dino> i've seen sub services on it
[15:09] {RonS> directed options trading means directing your trade to a specific exchange...
[15:09] {dino> lol, sorry. not sure
[15:09] {RonS> same thing for stock, which is pretty standard...
[15:10] {dino> i rarely hit the ask am always near bid
[15:10] {dino> patience
01[15:15] {@Threei> Long Setup: VXX .80 break
01[15:15] {@Threei> If holds ,70
01[15:21] {@Threei> nah
01[15:30] {@Threei> if I hear about the color of that dress one more time, I will be drinking myself into oblivion for a month
01[15:30] {@Threei> what is it, mass lapse of reason?
[15:31] {dino> you asking the wrong guy, color blind
01[15:31] {@Threei> hehe
01[15:31] {@Threei> you are not taking part in the greatest debate of 21 century then
[15:32] {dino> nope, hardly ever get colors right
[15:32] {dino> found out in 2nd grade, i was coloring my xmas trees brown. teacher thought there was a problem at home
01[15:32] {@Threei> wow... lol
[15:33] {dino> during golf season, my daughters' always saying,"dad, you can't wear that shirt with those shorts"
[15:34] {dino> wow wtw
[15:34] {RonS> isn't that why Johnny Cash only wore black?
[15:35] {RonS> of course for golf you would burn up...
[15:36] {RonS> wtw get thinner?
[15:36] {RonS> +s
[15:37] {dino> its funny, when you see the world as i do, you don't notice things.
[15:37] {dino> for example, in summer the grass is orange to me, in fall/winter it is green
[15:37] {dino> world is pretty bright in the summer
[15:39] {dino> always thought geranimals for adults would be helpful
[15:39] {RonS> will take your word for it but if you see the wrong colors how do you know the color you are seeing? just wondering...
[15:40] {dino> because i lose orange things in the grass (dogs frisbie, those orange golf balls)
[15:40] {RonS> ah
[15:41] {dino> whenever i get orange golf balls for a gift, i re-gift them. cannot find them in the grass
01[15:41] {@Threei> wow
01[15:41] {@Threei> Short Setup: FB .70 break
[15:41] {dino> i am red/green deficeint
01[15:41] {@Threei> If holds ,80
01[15:42] {@Threei> last attempt
[15:48] {dino> ual drop
[15:50] {RonS> adios amigos...
01[15:50] {@Threei> ok guys, have a great weekend
01[15:50] {@Threei> see you monday
Thursday, February 26, 2015
Feb 26 2015
Another strong day with many nice wins, from scalps to 1:4. Very steady week so far.
Session Time: Thu Feb 26 00:00:00 2015
[08:31] {dino} gm
01[08:48] {@Threei} dino :)
[09:11] {_dezus111} hy
01[09:12] {@Threei} morning dezus
01[09:14] {@Threei} 09:01 *(US) DEC FHFA HOUSE PRICE INDEX M/M: 0.8% V 0.5%E; Q/Q: 1.4% V 0.9% PRIOR
[09:16] {RonS} gm...wow dodged a bullet on LL 60 minutes piece this sunday & a doj criminal investigation
01[09:16] {@Threei} ron :)
[09:21] {jfjf64} Mornin all
01[09:22] {@Threei} jf :)
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -ATOS +38% (HSIC to offer ATOS's full CYTE breast aspirator)
01[09:25] {@Threei} -ELX +25% (agreed to be acquired by Avago for $8/shr)
01[09:25] {@Threei} -CYBX +21% (earnings & merging with Sorin Group)
01[09:25] {@Threei} -OCAT +17% (received two new patents for immune-modulatory cell technology)
01[09:25] {@Threei} -LBIO +17% (prices 8M share offering at $18/shr)
01[09:25] {@Threei} -STXS +15% (earnings)
01[09:25] {@Threei} -CRM +13% (earnings)
01[09:25] {@Threei} -GOGO +7% (earnings)
01[09:25] {@Threei} Downside:
01[09:25] {@Threei} -CLRX -33% (priced 2.36M shares at $1.27/shr)
01[09:25] {@Threei} -LKQ -11% (earnings)
01[09:25] {@Threei} -PAA -5.2% (priced 21M share offering at $50/shr)
01[09:25] {@Threei} -NBL -3.8% (priced 21M shares at $47.50/shr)
01[09:25] {@Threei} -SFM -2% (earnings)
01[09:35] {@Threei} Long Setup: FB .40 break
01[09:35] {@Threei} If holds .30
01[09:35] {@Threei} 1:1
01[09:35] {@Threei} 1:2
01[09:36] {@Threei} 1:3
[09:37] {jfjf64} Go fb
[09:38] {jfjf64} Wher stop .50
01[09:38] {@Threei} .59
[09:38] {dino} gj
01[09:38] {@Threei} ty
[09:38] {jfjf64} Ty
[09:38] {jfjf64} Ty
01[09:39] {@Threei} Long Setup: MCD .90 break
01[09:39] {@Threei} If holds .80
01[09:41] {@Threei} 1:2
01[09:41] {@Threei} 1:3
01[09:41] {@Threei} out
[09:41] {jfjf64} Ty
01[09:41] {@Threei} yw
01[09:42] {@Threei} FB 1:4
01[09:42] {@Threei} out
[09:44] {jfjf64} Fb s .75
[09:44] {dino} hawk
[09:46] {jfjf64} No go
01[09:47] {@Threei} Long Setup: TWTR .90 break
01[09:47] {@Threei} If holds .80
[09:49] {Nesi} hi all
01[09:49] {@Threei} hey nesi
[09:49] {jfjf64} Fb rinsed me
[09:52] {jfjf64} Hawk bounce here
[09:52] {jfjf64} IMO
01[09:52] {@Threei} trail TWTR to .84
01[09:52] {@Threei} taking too long
[09:53] {jfjf64} Here we go
01[09:53] {@Threei} now or never
01[09:53] {@Threei} opening plays should develop faster
[09:56] {dino} 07 red
01[09:56] {@Threei} out
[09:58] {jfjf64} You long hawk Dino
[09:59] {dino} not yet
[09:59] {jfjf64} In.75
[10:00] {dino} nice
[10:02] {dino} added asps calls
[10:04] {jfjf64} Nice find Dino hawk Ty
[10:04] {dino} wtg, you were in 36.75?
[10:05] {jfjf64} .76 to .83
[10:05] {jfjf64} Ran 1.00
[10:05] {dino} nice
01[10:06] {@Threei} Long Setup: VXX 28 break
01[10:06] {@Threei} If holds .95
[10:07] {jfjf64} S mcd .24
[10:07] {jfjf64} Nope
[10:08] {jfjf64} You rat
01[10:13] {@Threei} 1/2 out
01[10:14] {@Threei} stop .99
[10:16] {dino} hawk drop
[10:16] {RonS} sheesh, s/b hawk dive...
[10:18] {jfjf64} Missed entry paa
[10:18] {jfjf64} Was watching
[10:18] {dino} bpt crushola
01[10:19] {@Threei} frikin TWTR
01[10:19] {@Threei} got away
[10:20] {jfjf64} Yes
[10:21] {jfjf64} Paa wanna shoot myself
[10:23] {jfjf64} Kss watching
01[10:26] {@Threei} Short Setup: TWTR .40 break
01[10:26] {@Threei} If holds .50
01[10:31] {@Threei} 1:1
01[10:31] {@Threei} forgot to post, lol
06[10:33] * dino slaps Threei around a bit with a large trout
01[10:34] {@Threei} that'll wake me up
[10:35] {jfjf64} I had entry kiss 73.10 missed totally wife talkin to me. F k
[10:36] {jfjf64} Kss
[10:41] {dino} lol jf, but i totally get the distraction
[10:41] {dino} summer time trading tough in my house
[10:42] {jfjf64} The one min day we talk cost me
[10:42] {jfjf64} Lol
01[10:45] {@Threei} reminds me... last summer, dinner in my backyard, friends couple invited. During dessert, conversation weers into kinky matters, wife asks: have you ever paid for sex? Husband, musingly: I still do... dearly
[10:45] {dino} ltm spike
[10:46] {dino} lol
[10:46] {jfjf64} So true 100%
[10:48] {dino} adding wday calls
[10:56] {jfjf64} Wday l .35
[10:57] {jfjf64} Grrr
[11:05] {dino} out true calls from thursday, +1.05 / 40%
[11:07] {dino} ctrx drop
[11:07] {jfjf64} Stt.90 break
[11:12] {dino} ctrx sm l .21
[11:14] {dino} ctrx stop .99 -.22
[11:14] {RonS} ctrx hit rough seas...
[11:16] {dino} how about wday got fired?
01[11:17] {@Threei} Long Setup: IWM .10 break
[11:18] {RonS} lol
[11:19] {dino} re-load ctrx .95 sm
01[11:19] {@Threei} If holds .05
[11:19] {jfjf64} Out stt -6 cents
01[11:21] {@Threei} 1:1
[11:25] {jfjf64} Hawk old
[11:26] {dino} hawk drop
[11:26] {dino} opps
[11:26] {jfjf64} Lod
[11:26] {jfjf64} I'm on I pad
[11:26] {jfjf64} Typing
[11:26] {jfjf64} Lol
[11:27] {dino} nxst drop, hell of a daily
[11:30] {RonS} unreal ctrx approached my .65 offer and rolled back sob...
[11:31] {RonS} jesus...again
[11:32] {dino} nxst sm l .50
[11:33] {RonS} finally ctrx out .65 +.75 thanks for the idea dino
[11:34] {dino} there you go
[11:34] {dino} gj
[11:35] {jfjf64} Very nice
01[11:37] {@Threei} wtg
[11:40] {RonS} sad, not funny: you know its been a long, snowy winter when @Briefingcom is using the term "snowdrift" to describe market moves!
[11:40] {jfjf64} Hawk l .22
01[11:41] {@Threei} nah, it's still funny
[11:43] {RonS} when you are on the outside... ya bastid :)
01[11:43] {@Threei} and enjoying every second of it
01[11:44] {@Threei} after all, I paid for this right by living in Winnipeg for 10 years :)
01[11:44] {@Threei} I mean, people were sent to this kind of climes for horrible crimes...
[11:45] {RonS} when i lived near Portland i can remember several 6-7 week periods in Feb-Mar when the sun never came out... even the natives were bitching
01[11:45] {@Threei} yeah, that's Portland
01[11:46] {@Threei} but scroll through my Jan and Feb photos of Victoria
01[11:46] {@Threei} all the sun you want
[11:46] {RonS} so, Victoria weather more like Sequim?
01[11:46] {@Threei} can't tell, not familiar with Sequim
01[11:47] {@Threei} wa have about half of Vancouver rains
[11:47] {RonS} wtf, it's just across the Strait... lol
01[11:47] {@Threei} and a few degrees warmer
01[11:47] {@Threei} well, it's not that straightforward
01[11:47] {@Threei} there is a warm current going right through the sound,
[11:48] {RonS} then Straitforward
01[11:48] {@Threei} which creates a rain curtain of sorts
[11:48] {RonS} rain curtain?
01[11:48] {@Threei} plus rain shadow from mountains on another side
01[11:48] {@Threei} think warm air flow in the doorway
01[11:49] {@Threei} creating a "curtain"
[11:49] {RonS} so, rain blocked then...that is what Sequim has...
01[11:49] {@Threei} so, mountain on one side, warm air from current on another, and you have a nice microclimate zone for south end of the island
[11:50] {RonS} very nice...
[11:52] {dino} you trying to piss me off with the nice weather talk? was -5 f at 6 am this morning
01[11:52] {@Threei} all that is enough for palm trees, rhododendrons, and we have cherry trees blooming for about two weeks already
[11:53] {RonS} Denver will break all time Feb snowfall this month... has not been like Boston though...sheesh
01[11:55] {@Threei} let's compare rain:
01[11:55] {@Threei} Thanks to the rain shadow effect of the nearby Olympic Mountains, Victoria is the driest location on the British Columbia coast, with much lower rainfall than other nearby areas. Total annual precipitation is just 608 mm
01[11:55] {@Threei} Sequim lies within the rain shadow of the Olympic Mountains and receives on average less than 16 inches (410 mm) of rain per year
01[11:55] {@Threei} we have some more then
[11:55] {RonS} 3i, digested breakfast yet?
01[11:56] {@Threei} yes, why?
[11:56] {RonS} The Kardashians Just Got the Largest Reality-TV Contract Ever http://vult.re/1FxtwQx
01[11:56] {@Threei} oh god...
[11:56] {RonS} :)
[11:56] {RonS} lol
01[11:56] {@Threei} vult.re?
01[11:56] {@Threei} rather re.vult
[11:56] {RonS} lol perfect
06[11:56] * @Threei takes a bow
01[12:14] {@Threei} Long Setup: FB .80 break
01[12:15] {@Threei} change to .70
01[12:15] {@Threei} If holds .60
01[12:18] {@Threei} no go
[12:19] {dino} 07 red
01[12:51] {@Threei} drops and bounces with no setups or news
[13:10] {dino} ctrx to .05
[13:12] {dino} out ctrx .09, +1.14
[13:15] {RonS} gj
01[13:16] {@Threei} wtg
01[13:19] {@Threei} Long Setup: VXX .50 break
01[13:19] {@Threei} If holds .40
01[13:19] {@Threei} 1:1
[13:20] {dino} ty
01[13:20] {@Threei} yw
[13:20] {dino} out nxst ave .79, +.29
01[13:21] {@Threei} 1:2
01[13:22] {@Threei} perfect timing, if I may say so myself
01[13:22] {@Threei} and even if I may not
01[13:38] {@Threei} Long Setup: VXX .50 break
01[13:38] {@Threei} again, same setup
01[13:39] {@Threei} Short Setup: FB .50 break
01[13:39] {@Threei} If holds .60
01[13:49] {@Threei} 1:1 FB
[13:55] {RonS} scanner crawling...
[14:07] {RonS} pvh zippered
01[14:12] {@Threei} 1:2 VXX
[14:13] {dino} gj
01[14:13] {@Threei} ty
01[14:15] {@Threei} 1:3
[14:15] {RonS} gj
01[14:15] {@Threei} )
01[14:15] {@Threei} :
[14:16] {dino} -
01[14:16] {@Threei} that was one crooked smile, lol
[14:16] {RonS} crude 47.88
01[14:19] {@Threei} 1:4
01[14:19] {@Threei} out
01[14:21] {@Threei} too bad FB rinsed second half
01[14:22] {@Threei} would have been one more 1:3er
[14:40] {Nesi} vad, what does 1.4 1.2 etc ...means
[14:41] {RonS} loss risk 10 cents... 1:1 +.10, 1:2 +.20 etc...
01[14:42] {@Threei} http://www.realitytrader.com/tradingroom/#instructions
[14:42] {Nesi} thx
01[14:42] {@Threei} which I already gave you twice and you promised to read :)
[14:42] {Nesi} :s
01[14:42] {@Threei} well, that's even more crooked smile than the one I displayed
[14:42] {dino} vad handing out home work
01[14:43] {@Threei} hehe
01[15:26] {@Threei} Long Setup: FB .25 break
01[15:26] {@Threei} If holds .15
01[15:28] {@Threei} to .19
01[15:29] {@Threei} 1:1
01[15:36] {@Threei} Ok guys, nice day, eneding it here
01[15:36] {@Threei} thank you, have a greate evening
01[15:36] {@Threei} see you tomorrow
Session Time: Thu Feb 26 00:00:00 2015
[08:31] {dino} gm
01[08:48] {@Threei} dino :)
[09:11] {_dezus111} hy
01[09:12] {@Threei} morning dezus
01[09:14] {@Threei} 09:01 *(US) DEC FHFA HOUSE PRICE INDEX M/M: 0.8% V 0.5%E; Q/Q: 1.4% V 0.9% PRIOR
[09:16] {RonS} gm...wow dodged a bullet on LL 60 minutes piece this sunday & a doj criminal investigation
01[09:16] {@Threei} ron :)
[09:21] {jfjf64} Mornin all
01[09:22] {@Threei} jf :)
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -ATOS +38% (HSIC to offer ATOS's full CYTE breast aspirator)
01[09:25] {@Threei} -ELX +25% (agreed to be acquired by Avago for $8/shr)
01[09:25] {@Threei} -CYBX +21% (earnings & merging with Sorin Group)
01[09:25] {@Threei} -OCAT +17% (received two new patents for immune-modulatory cell technology)
01[09:25] {@Threei} -LBIO +17% (prices 8M share offering at $18/shr)
01[09:25] {@Threei} -STXS +15% (earnings)
01[09:25] {@Threei} -CRM +13% (earnings)
01[09:25] {@Threei} -GOGO +7% (earnings)
01[09:25] {@Threei} Downside:
01[09:25] {@Threei} -CLRX -33% (priced 2.36M shares at $1.27/shr)
01[09:25] {@Threei} -LKQ -11% (earnings)
01[09:25] {@Threei} -PAA -5.2% (priced 21M share offering at $50/shr)
01[09:25] {@Threei} -NBL -3.8% (priced 21M shares at $47.50/shr)
01[09:25] {@Threei} -SFM -2% (earnings)
01[09:35] {@Threei} Long Setup: FB .40 break
01[09:35] {@Threei} If holds .30
01[09:35] {@Threei} 1:1
01[09:35] {@Threei} 1:2
01[09:36] {@Threei} 1:3
[09:37] {jfjf64} Go fb
[09:38] {jfjf64} Wher stop .50
01[09:38] {@Threei} .59
[09:38] {dino} gj
01[09:38] {@Threei} ty
[09:38] {jfjf64} Ty
[09:38] {jfjf64} Ty
01[09:39] {@Threei} Long Setup: MCD .90 break
01[09:39] {@Threei} If holds .80
01[09:41] {@Threei} 1:2
01[09:41] {@Threei} 1:3
01[09:41] {@Threei} out
[09:41] {jfjf64} Ty
01[09:41] {@Threei} yw
01[09:42] {@Threei} FB 1:4
01[09:42] {@Threei} out
[09:44] {jfjf64} Fb s .75
[09:44] {dino} hawk
[09:46] {jfjf64} No go
01[09:47] {@Threei} Long Setup: TWTR .90 break
01[09:47] {@Threei} If holds .80
[09:49] {Nesi} hi all
01[09:49] {@Threei} hey nesi
[09:49] {jfjf64} Fb rinsed me
[09:52] {jfjf64} Hawk bounce here
[09:52] {jfjf64} IMO
01[09:52] {@Threei} trail TWTR to .84
01[09:52] {@Threei} taking too long
[09:53] {jfjf64} Here we go
01[09:53] {@Threei} now or never
01[09:53] {@Threei} opening plays should develop faster
[09:56] {dino} 07 red
01[09:56] {@Threei} out
[09:58] {jfjf64} You long hawk Dino
[09:59] {dino} not yet
[09:59] {jfjf64} In.75
[10:00] {dino} nice
[10:02] {dino} added asps calls
[10:04] {jfjf64} Nice find Dino hawk Ty
[10:04] {dino} wtg, you were in 36.75?
[10:05] {jfjf64} .76 to .83
[10:05] {jfjf64} Ran 1.00
[10:05] {dino} nice
01[10:06] {@Threei} Long Setup: VXX 28 break
01[10:06] {@Threei} If holds .95
[10:07] {jfjf64} S mcd .24
[10:07] {jfjf64} Nope
[10:08] {jfjf64} You rat
01[10:13] {@Threei} 1/2 out
01[10:14] {@Threei} stop .99
[10:16] {dino} hawk drop
[10:16] {RonS} sheesh, s/b hawk dive...
[10:18] {jfjf64} Missed entry paa
[10:18] {jfjf64} Was watching
[10:18] {dino} bpt crushola
01[10:19] {@Threei} frikin TWTR
01[10:19] {@Threei} got away
[10:20] {jfjf64} Yes
[10:21] {jfjf64} Paa wanna shoot myself
[10:23] {jfjf64} Kss watching
01[10:26] {@Threei} Short Setup: TWTR .40 break
01[10:26] {@Threei} If holds .50
01[10:31] {@Threei} 1:1
01[10:31] {@Threei} forgot to post, lol
06[10:33] * dino slaps Threei around a bit with a large trout
01[10:34] {@Threei} that'll wake me up
[10:35] {jfjf64} I had entry kiss 73.10 missed totally wife talkin to me. F k
[10:36] {jfjf64} Kss
[10:41] {dino} lol jf, but i totally get the distraction
[10:41] {dino} summer time trading tough in my house
[10:42] {jfjf64} The one min day we talk cost me
[10:42] {jfjf64} Lol
01[10:45] {@Threei} reminds me... last summer, dinner in my backyard, friends couple invited. During dessert, conversation weers into kinky matters, wife asks: have you ever paid for sex? Husband, musingly: I still do... dearly
[10:45] {dino} ltm spike
[10:46] {dino} lol
[10:46] {jfjf64} So true 100%
[10:48] {dino} adding wday calls
[10:56] {jfjf64} Wday l .35
[10:57] {jfjf64} Grrr
[11:05] {dino} out true calls from thursday, +1.05 / 40%
[11:07] {dino} ctrx drop
[11:07] {jfjf64} Stt.90 break
[11:12] {dino} ctrx sm l .21
[11:14] {dino} ctrx stop .99 -.22
[11:14] {RonS} ctrx hit rough seas...
[11:16] {dino} how about wday got fired?
01[11:17] {@Threei} Long Setup: IWM .10 break
[11:18] {RonS} lol
[11:19] {dino} re-load ctrx .95 sm
01[11:19] {@Threei} If holds .05
[11:19] {jfjf64} Out stt -6 cents
01[11:21] {@Threei} 1:1
[11:25] {jfjf64} Hawk old
[11:26] {dino} hawk drop
[11:26] {dino} opps
[11:26] {jfjf64} Lod
[11:26] {jfjf64} I'm on I pad
[11:26] {jfjf64} Typing
[11:26] {jfjf64} Lol
[11:27] {dino} nxst drop, hell of a daily
[11:30] {RonS} unreal ctrx approached my .65 offer and rolled back sob...
[11:31] {RonS} jesus...again
[11:32] {dino} nxst sm l .50
[11:33] {RonS} finally ctrx out .65 +.75 thanks for the idea dino
[11:34] {dino} there you go
[11:34] {dino} gj
[11:35] {jfjf64} Very nice
01[11:37] {@Threei} wtg
[11:40] {RonS} sad, not funny: you know its been a long, snowy winter when @Briefingcom is using the term "snowdrift" to describe market moves!
[11:40] {jfjf64} Hawk l .22
01[11:41] {@Threei} nah, it's still funny
[11:43] {RonS} when you are on the outside... ya bastid :)
01[11:43] {@Threei} and enjoying every second of it
01[11:44] {@Threei} after all, I paid for this right by living in Winnipeg for 10 years :)
01[11:44] {@Threei} I mean, people were sent to this kind of climes for horrible crimes...
[11:45] {RonS} when i lived near Portland i can remember several 6-7 week periods in Feb-Mar when the sun never came out... even the natives were bitching
01[11:45] {@Threei} yeah, that's Portland
01[11:46] {@Threei} but scroll through my Jan and Feb photos of Victoria
01[11:46] {@Threei} all the sun you want
[11:46] {RonS} so, Victoria weather more like Sequim?
01[11:46] {@Threei} can't tell, not familiar with Sequim
01[11:47] {@Threei} wa have about half of Vancouver rains
[11:47] {RonS} wtf, it's just across the Strait... lol
01[11:47] {@Threei} and a few degrees warmer
01[11:47] {@Threei} well, it's not that straightforward
01[11:47] {@Threei} there is a warm current going right through the sound,
[11:48] {RonS} then Straitforward
01[11:48] {@Threei} which creates a rain curtain of sorts
[11:48] {RonS} rain curtain?
01[11:48] {@Threei} plus rain shadow from mountains on another side
01[11:48] {@Threei} think warm air flow in the doorway
01[11:49] {@Threei} creating a "curtain"
[11:49] {RonS} so, rain blocked then...that is what Sequim has...
01[11:49] {@Threei} so, mountain on one side, warm air from current on another, and you have a nice microclimate zone for south end of the island
[11:50] {RonS} very nice...
[11:52] {dino} you trying to piss me off with the nice weather talk? was -5 f at 6 am this morning
01[11:52] {@Threei} all that is enough for palm trees, rhododendrons, and we have cherry trees blooming for about two weeks already
[11:53] {RonS} Denver will break all time Feb snowfall this month... has not been like Boston though...sheesh
01[11:55] {@Threei} let's compare rain:
01[11:55] {@Threei} Thanks to the rain shadow effect of the nearby Olympic Mountains, Victoria is the driest location on the British Columbia coast, with much lower rainfall than other nearby areas. Total annual precipitation is just 608 mm
01[11:55] {@Threei} Sequim lies within the rain shadow of the Olympic Mountains and receives on average less than 16 inches (410 mm) of rain per year
01[11:55] {@Threei} we have some more then
[11:55] {RonS} 3i, digested breakfast yet?
01[11:56] {@Threei} yes, why?
[11:56] {RonS} The Kardashians Just Got the Largest Reality-TV Contract Ever http://vult.re/1FxtwQx
01[11:56] {@Threei} oh god...
[11:56] {RonS} :)
[11:56] {RonS} lol
01[11:56] {@Threei} vult.re?
01[11:56] {@Threei} rather re.vult
[11:56] {RonS} lol perfect
06[11:56] * @Threei takes a bow
01[12:14] {@Threei} Long Setup: FB .80 break
01[12:15] {@Threei} change to .70
01[12:15] {@Threei} If holds .60
01[12:18] {@Threei} no go
[12:19] {dino} 07 red
01[12:51] {@Threei} drops and bounces with no setups or news
[13:10] {dino} ctrx to .05
[13:12] {dino} out ctrx .09, +1.14
[13:15] {RonS} gj
01[13:16] {@Threei} wtg
01[13:19] {@Threei} Long Setup: VXX .50 break
01[13:19] {@Threei} If holds .40
01[13:19] {@Threei} 1:1
[13:20] {dino} ty
01[13:20] {@Threei} yw
[13:20] {dino} out nxst ave .79, +.29
01[13:21] {@Threei} 1:2
01[13:22] {@Threei} perfect timing, if I may say so myself
01[13:22] {@Threei} and even if I may not
01[13:38] {@Threei} Long Setup: VXX .50 break
01[13:38] {@Threei} again, same setup
01[13:39] {@Threei} Short Setup: FB .50 break
01[13:39] {@Threei} If holds .60
01[13:49] {@Threei} 1:1 FB
[13:55] {RonS} scanner crawling...
[14:07] {RonS} pvh zippered
01[14:12] {@Threei} 1:2 VXX
[14:13] {dino} gj
01[14:13] {@Threei} ty
01[14:15] {@Threei} 1:3
[14:15] {RonS} gj
01[14:15] {@Threei} )
01[14:15] {@Threei} :
[14:16] {dino} -
01[14:16] {@Threei} that was one crooked smile, lol
[14:16] {RonS} crude 47.88
01[14:19] {@Threei} 1:4
01[14:19] {@Threei} out
01[14:21] {@Threei} too bad FB rinsed second half
01[14:22] {@Threei} would have been one more 1:3er
[14:40] {Nesi} vad, what does 1.4 1.2 etc ...means
[14:41] {RonS} loss risk 10 cents... 1:1 +.10, 1:2 +.20 etc...
01[14:42] {@Threei} http://www.realitytrader.com/tradingroom/#instructions
[14:42] {Nesi} thx
01[14:42] {@Threei} which I already gave you twice and you promised to read :)
[14:42] {Nesi} :s
01[14:42] {@Threei} well, that's even more crooked smile than the one I displayed
[14:42] {dino} vad handing out home work
01[14:43] {@Threei} hehe
01[15:26] {@Threei} Long Setup: FB .25 break
01[15:26] {@Threei} If holds .15
01[15:28] {@Threei} to .19
01[15:29] {@Threei} 1:1
01[15:36] {@Threei} Ok guys, nice day, eneding it here
01[15:36] {@Threei} thank you, have a greate evening
01[15:36] {@Threei} see you tomorrow
Wednesday, February 25, 2015
Feb 25 2015
Another strong day, with just one stop and a few nice wins. Perfect catch of a severe market drop with VXX position allowed us to finish trading session early.
Session Time: Wed Feb 25 00:00:00 2015
01[09:10] {@Threei} Ron, someone at newswire took lessons from you:
01[09:10] {@Threei} German CDU hardliners want Germany to take a hard line
[09:11] {dino} gm
[09:12] {RonS} gm... wow, hope i am not THAT bad...
01[09:12] {@Threei} dino :)
01[09:12] {@Threei} well, they are pros, so they outdid you in a hurry
01[09:15] {@Threei} Greece Fin Min Varoufakis reiterated that he would cooperate with EU, ECB, IMF troika
01[09:15] {@Threei} troika reiterated they don't know who Varoufakis is
[09:21] {dino} fwiw, just before close sold those alks calls +.79 / 27%
[09:21] {RonS} gj
01[09:21] {@Threei} nice
[09:22] {dino} ty
[09:24] {RonS} curious to me that you bought so much time...
[09:26] {dino} i buy time ron, in case they don't work right away. seems i lose money on front months
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -BNFT +38% (earnings)
01[09:27] {@Threei} -SSH +30% (received FDA approval for C-Pulse heart assist system US trial)
01[09:27] {@Threei} -WGBS +27% (positive results in study utilizing SmartChip technology)
01[09:27] {@Threei} -SFXE +21% (CEO Sillerman proposes non-binding transaction at $4.75/shr)
01[09:27] {@Threei} -RUBI +13% (earnings & positive broker commentary)
01[09:27] {@Threei} -RJET +11% (earnings)
01[09:27] {@Threei} -ZAGG +10% (earnings)
01[09:27] {@Threei} -BSFT +7.7% (earnings)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -SAM -13% (earnings)
01[09:27] {@Threei} -SLCA -9.5% (earnings)
01[09:27] {@Threei} -DWA -8% (earnings)
01[09:27] {@Threei} -LC -7.2% (earnings)
01[09:27] {@Threei} -HPQ -6.5% (earnings)
01[09:27] {@Threei} -TJX -5% (earnings)
01[09:27] {@Threei} -LL -4% (earnings)
01[09:27] {@Threei} -JAZZ -2.3% (earnings)
01[09:31] {@Threei} Long Setup: FB .60 break
01[09:31] {@Threei} If holds .50
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} 1:2
01[09:32] {@Threei} 1:3
[09:32] {dino} bnft seems extreme
01[09:36] {@Threei} Short Setup: DAL .90 break
01[09:36] {@Threei} oops
01[09:36] {@Threei} late
01[09:36] {@Threei} dropped like a stone
[09:38] {dino} adding lc calls
01[09:39] {@Threei} Long Setup: LUV .90 break
01[09:40] {@Threei} 1:1
01[09:40] {@Threei} opening plays are fast...
01[09:41] {@Threei} 1:2
01[09:41] {@Threei} 1:3
01[09:41] {@Threei} out
[09:42] {dino} ovas drop
01[09:46] {@Threei} Long Setup: DAL .80 break
01[09:46] {@Threei} too fast
01[09:46] {@Threei} see if pulls back for entry
01[09:47] {@Threei} same setup, if holds .70
01[09:49] {@Threei} 1:1
[09:50] {dino} iclr spike
[09:53] {dino} ptct pulp
01[09:54] {@Threei} Short Setup: LUV .90 break
01[09:54] {@Threei} If holds 45
[09:54] {RonS} ssh into support
01[09:55] {@Threei} attempt of aggressive shorting for .80 break
[09:55] {dino} added bnft puts
01[09:56] {@Threei} 1:1
[09:57] {dino} lc sm l .01 stop lod
01[10:00] {@Threei} *(US) JAN NEW HOME SALES: 481K V 470KE
01[10:01] {@Threei} this takes prize as the most stupid headline of the day so far, beats even those German hardliners:
01[10:01] {@Threei} (US) Reminder: Fed Chair Yellen testifies before House panel at 10:00 ET (15:00 GMT) - The text of her prepared remarks will be the same as yesterday's text.
01[10:03] {@Threei} Long Setup: DAL .90 break
01[10:03] {@Threei} If holds 80
[10:03] {dino} lol
01[10:06] {@Threei} 48 break should send DAL in stratosphere
01[10:06] {@Threei} ok, exaggerating for effect... to 48.10
01[10:07] {@Threei} stop to .84
[10:07] {dino} lc stop -.27
01[10:10] {@Threei} come on DAL, so close
01[10:10] {@Threei} break and run
01[10:10] {@Threei} fly?
01[10:10] {@Threei} meh
01[10:10] {@Threei} out
01[10:13] {@Threei} Short Setup: CCL .80 break
01[10:14] {@Threei} If holds .90
01[10:17] {@Threei} 1:1
01[10:18] {@Threei} dino, you need this... maybe enlarged version though: https://www.facebook.com/video.php?v=454961637994900
[10:19] {Nesi} hi all
01[10:20] {@Threei} hey nes
01[10:24] {@Threei} Short Setup: LUV .72 break
01[10:24] {@Threei} If holds .80
01[10:26] {@Threei} 1:1
01[10:30] {@Threei} *(US) DOE CRUDE: +8.4M V +4.5ME
01[10:30] {@Threei} all the oil you want
[10:36] {dino} lc maybe wants gap 19.30
[10:41] {dino} ll daily, wow
[10:42] {RonS} ll missed by 15%
[10:42] {dino} jazz spike
[10:43] {RonS} will have trouble finding a floor.... :)
[10:45] {RonS} ll gone pulp :)
01[10:47] {@Threei} Long Setup: MCD .50 break
01[10:47] {@Threei} If holds .40
[10:47] {RonS} my, how i miss nemo's groans...
01[10:48] {@Threei} I'll tell him
01[10:50] {@Threei} Angus Reid poll reveals 75% of adults say they were bullied at school
01[10:50] {@Threei} wow... really?
01[10:50] {@Threei} 25% were bullying the rest?
[10:53] {dino} bullies get bullied too
01[10:53] {@Threei} hmmm
01[10:53] {@Threei} 1:1
01[10:54] {@Threei} so it's just a circle of life?
[10:54] {RonS} had a bully in 6th grade...big, mojave indian kid...terrorized most everybody until he came after me and i popped him in the nose...left me alone but it wasn't until 7th grade and they taught boxing in pe and bully became no more
01[10:55] {@Threei} never got bullied... there were fights of course, but no bullying in usual sense of the word
01[10:56] {@Threei} 1:2
[11:02] {cosmo} bullies get bullied in their next life
01[11:03] {@Threei} not good enough
[11:03] {cosmo} I know
01[11:04] {@Threei} I like my revenge like my sex - right when I want it
[11:05] {RonS} ll lod
[11:05] {cosmo} you can't always get what you need. But if you try, sometimes you'll find you get what you want...
[11:07] {RonS} imo bullies got or are getting bullied at home...
[11:08] {dino} ll is rough
[11:09] {RonS} needs to be re-finished?
01[11:09] {@Threei} 1:3
01[11:09] {@Threei} out
[11:09] {dino} hd kicking their ass
[11:10] {cosmo} yea, I got pantsed at 11 by bullies
[11:13] {cosmo} .. it took more than one btw
[11:27] {RonS} caught LL for sm l 53.45 ave to 55.69 +2.24
01[11:27] {@Threei} wow
[11:28] {RonS} gonna do more but i had to change my diaper
06[11:32] * @Threei nails ron new box of depends
[11:33] {RonS} nutz, hit optimal target of 56.85...really need to learn to hold...
[11:37] {RonS} 3i, there is a wild pic of baby owl on twitter @interior.... if choose to see just be aware the bastards "followed" me after i followed them... it's the US dep of interior
[11:37] {dino} gj ron
[11:37] {RonS} ty
01[11:38] {@Threei} wow ron
01[11:38] {@Threei} good one
01[11:38] {@Threei} funny turn of the head
[11:49] {RonS} lol...LL only has 27 mil sh outstanding...already traded 10... or maybe 2 mil for 5 round trips?
01[11:50] {@Threei} or 5 mi for 2?
[11:51] {RonS} ...let the combo's begin... lol
[11:57] {dino} lc sm l .80
01[11:57] {@Threei} Both the DJIA and the S&P500 closed at fresh all-time highs yesterday and this morning the indices are hovering around the same levels. Fed Chair Yellen largely reiterated her comments from yesterday and has strongly defended the Fed's need for independence in policy making
01[11:58] {@Threei} Press reports suggest that while European figures have provisionally accepted Greece's concessions, they're not very satisfied with Athens's very vague commitments. The FT reported that the IMF and the ECB questioned how much the commitments adhere to Greek's former promises. Note that Germany's Bundestag has to approve the bailout extension before its expiration on Saturday, and this skepticism may influence them.
01[11:59] {@Threei} Meanwhile a new front in Europe's fiscal woes is coming to the fore now that Greece has kicked the can forward a few months. France is looking to delay its target for bringing the budget deficit below 3% of GDP by three years until 2018, and the EU Commission is only giving it until 2017, and is calling for more structural deficit reductions.
01[11:59] {@Threei} lol
01[11:59] {@Threei} this EU is just one disaster after another
[12:00] {dino} spain & italy next
01[12:15] {@Threei} Short Setup: MCD .30 break
01[12:15] {@Threei} If holds .35
01[12:16] {@Threei} Invalidated
01[12:33] {@Threei} Long Setup: FB .40 break
01[12:33] {@Threei} If holds .35
01[12:35] {@Threei} half out
01[12:35] {@Threei} stop to .39
[12:40] {dino} pcyc spike
[12:41] {dino} halt
01[12:41] {@Threei} PCYC Reportedly considering a sale
[12:42] {RonS} PCYC SAID TO WEIGH SALE OF $15 BILLION U.S. DRUGMAKER
[12:52] {RonS} rcpt spike
[12:53] {dino} out lc .25, +.45
[12:53] {RonS} gj
[12:53] {dino} ty
[12:53] {RonS} toughie
[12:55] {dino} yeah
01[13:02] {@Threei} (GR) Greece Fin Min Varoufakis: Greece needs ECB help to avert a cash crunch in March
01[13:02] {@Threei} reality sets in, eh?
01[13:02] {@Threei} either you default and get out, or play by their rules
01[13:03] {@Threei} trying to stay in but dictate your rules - won't work
[13:03] {RonS} juno spinning higher
[13:04] {RonS} jazz upbeat
01[13:04] {@Threei} FBV worked nicely for a lunchtime scalp
[13:04] {RonS} mdvn levitation
01[13:04] {@Threei} FB
01[13:04] {@Threei} dino... Winnipeg is -40
01[13:05] {@Threei} does it help?
01[13:11] {@Threei} Short Setup: MCD .80 break
01[13:11] {@Threei} If holds .90
01[13:19] {@Threei} no go
01[13:19] {@Threei} first stop today
01[13:25] {@Threei} my fault actually... missed good short setup at .90, and tried to play second one
01[13:25] {@Threei} but lunchtime is not the right time for such follow through
01[13:31] {@Threei} Long Setup: IWM .95 break
01[13:31] {@Threei} If holds .85
01[13:39] {@Threei} stop to .89
01[13:39] {@Threei} half out
01[14:06] {@Threei} [BBRY] Signs agreement with Google to Enhance Mobile Security and User Experience
01[14:06] {@Threei} really?
01[14:06] {@Threei} Google wants BBRY users experience?
01[14:09] {@Threei} [LUV] Reportedly finishes inspections on 80 planes and intends to finish all inspections before the FAA deadline
[14:15] {dino} cenx sm l .32
01[14:15] {@Threei} Long Setup: VXX 27 break
01[14:15] {@Threei} If holds .90
01[14:22] {@Threei} 1:1
01[14:26] {@Threei} 1:2
01[14:27] {@Threei} nice catch Threei
01[14:27] {@Threei} why thank you Threei
[14:27] {RonS} sheesh, can't even wait for 3:1...
01[14:28] {@Threei} really... sorry
01[14:28] {@Threei} withdrawing that
01[14:32] {@Threei} 1:3
[14:33] {RonS} good one, thanks 3i
06[14:33] * @Threei looks at Ron questioningly
01[14:33] {@Threei} hehe
01[14:33] {@Threei} yw
01[14:33] {@Threei} almost 1:4
01[14:33] {@Threei} out in full
01[14:39] {@Threei} what the deuce?
01[14:39] {@Threei} no news
01[14:55] {@Threei} jeez... http://globalnews.ca/news/1850086/watch-local-divers-encounter-with-a-giant-octopus-goes-viral/
01[14:55] {@Threei} from my island, lol
[15:01] {RonS} snowing here...gonna hit the gym before the roads get bad...best day of the year for me...thanks everyone, see y'all tomorrow
[15:02] {RonS} HEWLETT-PACKARD IS SAID TO BE IN TALK TO BUY ARUBA NETWORKS
01[15:03] {@Threei} gj ron
[15:04] {dino} gj ron
[15:05] {dino} gotta hop early here, not really my day, oh well, feb has been very good month
01[15:06] {@Threei} take care dino
[15:07] {dino} u2, thx
01[15:16] {@Threei} skipping too, have a good evening, see you tomorrow
[15:16] {cosmo} yeah, I better get out and get some sun...
Session Time: Wed Feb 25 00:00:00 2015
01[09:10] {@Threei} Ron, someone at newswire took lessons from you:
01[09:10] {@Threei} German CDU hardliners want Germany to take a hard line
[09:11] {dino} gm
[09:12] {RonS} gm... wow, hope i am not THAT bad...
01[09:12] {@Threei} dino :)
01[09:12] {@Threei} well, they are pros, so they outdid you in a hurry
01[09:15] {@Threei} Greece Fin Min Varoufakis reiterated that he would cooperate with EU, ECB, IMF troika
01[09:15] {@Threei} troika reiterated they don't know who Varoufakis is
[09:21] {dino} fwiw, just before close sold those alks calls +.79 / 27%
[09:21] {RonS} gj
01[09:21] {@Threei} nice
[09:22] {dino} ty
[09:24] {RonS} curious to me that you bought so much time...
[09:26] {dino} i buy time ron, in case they don't work right away. seems i lose money on front months
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -BNFT +38% (earnings)
01[09:27] {@Threei} -SSH +30% (received FDA approval for C-Pulse heart assist system US trial)
01[09:27] {@Threei} -WGBS +27% (positive results in study utilizing SmartChip technology)
01[09:27] {@Threei} -SFXE +21% (CEO Sillerman proposes non-binding transaction at $4.75/shr)
01[09:27] {@Threei} -RUBI +13% (earnings & positive broker commentary)
01[09:27] {@Threei} -RJET +11% (earnings)
01[09:27] {@Threei} -ZAGG +10% (earnings)
01[09:27] {@Threei} -BSFT +7.7% (earnings)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -SAM -13% (earnings)
01[09:27] {@Threei} -SLCA -9.5% (earnings)
01[09:27] {@Threei} -DWA -8% (earnings)
01[09:27] {@Threei} -LC -7.2% (earnings)
01[09:27] {@Threei} -HPQ -6.5% (earnings)
01[09:27] {@Threei} -TJX -5% (earnings)
01[09:27] {@Threei} -LL -4% (earnings)
01[09:27] {@Threei} -JAZZ -2.3% (earnings)
01[09:31] {@Threei} Long Setup: FB .60 break
01[09:31] {@Threei} If holds .50
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} 1:2
01[09:32] {@Threei} 1:3
[09:32] {dino} bnft seems extreme
01[09:36] {@Threei} Short Setup: DAL .90 break
01[09:36] {@Threei} oops
01[09:36] {@Threei} late
01[09:36] {@Threei} dropped like a stone
[09:38] {dino} adding lc calls
01[09:39] {@Threei} Long Setup: LUV .90 break
01[09:40] {@Threei} 1:1
01[09:40] {@Threei} opening plays are fast...
01[09:41] {@Threei} 1:2
01[09:41] {@Threei} 1:3
01[09:41] {@Threei} out
[09:42] {dino} ovas drop
01[09:46] {@Threei} Long Setup: DAL .80 break
01[09:46] {@Threei} too fast
01[09:46] {@Threei} see if pulls back for entry
01[09:47] {@Threei} same setup, if holds .70
01[09:49] {@Threei} 1:1
[09:50] {dino} iclr spike
[09:53] {dino} ptct pulp
01[09:54] {@Threei} Short Setup: LUV .90 break
01[09:54] {@Threei} If holds 45
[09:54] {RonS} ssh into support
01[09:55] {@Threei} attempt of aggressive shorting for .80 break
[09:55] {dino} added bnft puts
01[09:56] {@Threei} 1:1
[09:57] {dino} lc sm l .01 stop lod
01[10:00] {@Threei} *(US) JAN NEW HOME SALES: 481K V 470KE
01[10:01] {@Threei} this takes prize as the most stupid headline of the day so far, beats even those German hardliners:
01[10:01] {@Threei} (US) Reminder: Fed Chair Yellen testifies before House panel at 10:00 ET (15:00 GMT) - The text of her prepared remarks will be the same as yesterday's text.
01[10:03] {@Threei} Long Setup: DAL .90 break
01[10:03] {@Threei} If holds 80
[10:03] {dino} lol
01[10:06] {@Threei} 48 break should send DAL in stratosphere
01[10:06] {@Threei} ok, exaggerating for effect... to 48.10
01[10:07] {@Threei} stop to .84
[10:07] {dino} lc stop -.27
01[10:10] {@Threei} come on DAL, so close
01[10:10] {@Threei} break and run
01[10:10] {@Threei} fly?
01[10:10] {@Threei} meh
01[10:10] {@Threei} out
01[10:13] {@Threei} Short Setup: CCL .80 break
01[10:14] {@Threei} If holds .90
01[10:17] {@Threei} 1:1
01[10:18] {@Threei} dino, you need this... maybe enlarged version though: https://www.facebook.com/video.php?v=454961637994900
[10:19] {Nesi} hi all
01[10:20] {@Threei} hey nes
01[10:24] {@Threei} Short Setup: LUV .72 break
01[10:24] {@Threei} If holds .80
01[10:26] {@Threei} 1:1
01[10:30] {@Threei} *(US) DOE CRUDE: +8.4M V +4.5ME
01[10:30] {@Threei} all the oil you want
[10:36] {dino} lc maybe wants gap 19.30
[10:41] {dino} ll daily, wow
[10:42] {RonS} ll missed by 15%
[10:42] {dino} jazz spike
[10:43] {RonS} will have trouble finding a floor.... :)
[10:45] {RonS} ll gone pulp :)
01[10:47] {@Threei} Long Setup: MCD .50 break
01[10:47] {@Threei} If holds .40
[10:47] {RonS} my, how i miss nemo's groans...
01[10:48] {@Threei} I'll tell him
01[10:50] {@Threei} Angus Reid poll reveals 75% of adults say they were bullied at school
01[10:50] {@Threei} wow... really?
01[10:50] {@Threei} 25% were bullying the rest?
[10:53] {dino} bullies get bullied too
01[10:53] {@Threei} hmmm
01[10:53] {@Threei} 1:1
01[10:54] {@Threei} so it's just a circle of life?
[10:54] {RonS} had a bully in 6th grade...big, mojave indian kid...terrorized most everybody until he came after me and i popped him in the nose...left me alone but it wasn't until 7th grade and they taught boxing in pe and bully became no more
01[10:55] {@Threei} never got bullied... there were fights of course, but no bullying in usual sense of the word
01[10:56] {@Threei} 1:2
[11:02] {cosmo} bullies get bullied in their next life
01[11:03] {@Threei} not good enough
[11:03] {cosmo} I know
01[11:04] {@Threei} I like my revenge like my sex - right when I want it
[11:05] {RonS} ll lod
[11:05] {cosmo} you can't always get what you need. But if you try, sometimes you'll find you get what you want...
[11:07] {RonS} imo bullies got or are getting bullied at home...
[11:08] {dino} ll is rough
[11:09] {RonS} needs to be re-finished?
01[11:09] {@Threei} 1:3
01[11:09] {@Threei} out
[11:09] {dino} hd kicking their ass
[11:10] {cosmo} yea, I got pantsed at 11 by bullies
[11:13] {cosmo} .. it took more than one btw
[11:27] {RonS} caught LL for sm l 53.45 ave to 55.69 +2.24
01[11:27] {@Threei} wow
[11:28] {RonS} gonna do more but i had to change my diaper
06[11:32] * @Threei nails ron new box of depends
[11:33] {RonS} nutz, hit optimal target of 56.85...really need to learn to hold...
[11:37] {RonS} 3i, there is a wild pic of baby owl on twitter @interior.... if choose to see just be aware the bastards "followed" me after i followed them... it's the US dep of interior
[11:37] {dino} gj ron
[11:37] {RonS} ty
01[11:38] {@Threei} wow ron
01[11:38] {@Threei} good one
01[11:38] {@Threei} funny turn of the head
[11:49] {RonS} lol...LL only has 27 mil sh outstanding...already traded 10... or maybe 2 mil for 5 round trips?
01[11:50] {@Threei} or 5 mi for 2?
[11:51] {RonS} ...let the combo's begin... lol
[11:57] {dino} lc sm l .80
01[11:57] {@Threei} Both the DJIA and the S&P500 closed at fresh all-time highs yesterday and this morning the indices are hovering around the same levels. Fed Chair Yellen largely reiterated her comments from yesterday and has strongly defended the Fed's need for independence in policy making
01[11:58] {@Threei} Press reports suggest that while European figures have provisionally accepted Greece's concessions, they're not very satisfied with Athens's very vague commitments. The FT reported that the IMF and the ECB questioned how much the commitments adhere to Greek's former promises. Note that Germany's Bundestag has to approve the bailout extension before its expiration on Saturday, and this skepticism may influence them.
01[11:59] {@Threei} Meanwhile a new front in Europe's fiscal woes is coming to the fore now that Greece has kicked the can forward a few months. France is looking to delay its target for bringing the budget deficit below 3% of GDP by three years until 2018, and the EU Commission is only giving it until 2017, and is calling for more structural deficit reductions.
01[11:59] {@Threei} lol
01[11:59] {@Threei} this EU is just one disaster after another
[12:00] {dino} spain & italy next
01[12:15] {@Threei} Short Setup: MCD .30 break
01[12:15] {@Threei} If holds .35
01[12:16] {@Threei} Invalidated
01[12:33] {@Threei} Long Setup: FB .40 break
01[12:33] {@Threei} If holds .35
01[12:35] {@Threei} half out
01[12:35] {@Threei} stop to .39
[12:40] {dino} pcyc spike
[12:41] {dino} halt
01[12:41] {@Threei} PCYC Reportedly considering a sale
[12:42] {RonS} PCYC SAID TO WEIGH SALE OF $15 BILLION U.S. DRUGMAKER
[12:52] {RonS} rcpt spike
[12:53] {dino} out lc .25, +.45
[12:53] {RonS} gj
[12:53] {dino} ty
[12:53] {RonS} toughie
[12:55] {dino} yeah
01[13:02] {@Threei} (GR) Greece Fin Min Varoufakis: Greece needs ECB help to avert a cash crunch in March
01[13:02] {@Threei} reality sets in, eh?
01[13:02] {@Threei} either you default and get out, or play by their rules
01[13:03] {@Threei} trying to stay in but dictate your rules - won't work
[13:03] {RonS} juno spinning higher
[13:04] {RonS} jazz upbeat
01[13:04] {@Threei} FBV worked nicely for a lunchtime scalp
[13:04] {RonS} mdvn levitation
01[13:04] {@Threei} FB
01[13:04] {@Threei} dino... Winnipeg is -40
01[13:05] {@Threei} does it help?
01[13:11] {@Threei} Short Setup: MCD .80 break
01[13:11] {@Threei} If holds .90
01[13:19] {@Threei} no go
01[13:19] {@Threei} first stop today
01[13:25] {@Threei} my fault actually... missed good short setup at .90, and tried to play second one
01[13:25] {@Threei} but lunchtime is not the right time for such follow through
01[13:31] {@Threei} Long Setup: IWM .95 break
01[13:31] {@Threei} If holds .85
01[13:39] {@Threei} stop to .89
01[13:39] {@Threei} half out
01[14:06] {@Threei} [BBRY] Signs agreement with Google to Enhance Mobile Security and User Experience
01[14:06] {@Threei} really?
01[14:06] {@Threei} Google wants BBRY users experience?
01[14:09] {@Threei} [LUV] Reportedly finishes inspections on 80 planes and intends to finish all inspections before the FAA deadline
[14:15] {dino} cenx sm l .32
01[14:15] {@Threei} Long Setup: VXX 27 break
01[14:15] {@Threei} If holds .90
01[14:22] {@Threei} 1:1
01[14:26] {@Threei} 1:2
01[14:27] {@Threei} nice catch Threei
01[14:27] {@Threei} why thank you Threei
[14:27] {RonS} sheesh, can't even wait for 3:1...
01[14:28] {@Threei} really... sorry
01[14:28] {@Threei} withdrawing that
01[14:32] {@Threei} 1:3
[14:33] {RonS} good one, thanks 3i
06[14:33] * @Threei looks at Ron questioningly
01[14:33] {@Threei} hehe
01[14:33] {@Threei} yw
01[14:33] {@Threei} almost 1:4
01[14:33] {@Threei} out in full
01[14:39] {@Threei} what the deuce?
01[14:39] {@Threei} no news
01[14:55] {@Threei} jeez... http://globalnews.ca/news/1850086/watch-local-divers-encounter-with-a-giant-octopus-goes-viral/
01[14:55] {@Threei} from my island, lol
[15:01] {RonS} snowing here...gonna hit the gym before the roads get bad...best day of the year for me...thanks everyone, see y'all tomorrow
[15:02] {RonS} HEWLETT-PACKARD IS SAID TO BE IN TALK TO BUY ARUBA NETWORKS
01[15:03] {@Threei} gj ron
[15:04] {dino} gj ron
[15:05] {dino} gotta hop early here, not really my day, oh well, feb has been very good month
01[15:06] {@Threei} take care dino
[15:07] {dino} u2, thx
01[15:16] {@Threei} skipping too, have a good evening, see you tomorrow
[15:16] {cosmo} yeah, I better get out and get some sun...
Tuesday, February 24, 2015
Feb 24 2015
Fairly decent day, started and ended with 1:3ers, plus some in the middle.
Session Time: Tue Feb 24 00:00:00 2015
[08:56] {dino} gm
01[08:56] {@Threei} dino :)
[09:00] {dino} get this 3i, another record, -18 degrees f at 6:00 am here
[09:00] {dino} no end in sight until Sunday
01[09:00] {@Threei} this is not even funny
[09:00] {dino} -11 right now
01[09:00] {@Threei} where is al gore, to put his face in the snow and ask "what's that bad gore"
[09:02] {dino} 6 weeks of sub-zero temps
[09:24] {RonS} gm
01[09:24] {@Threei} ron :)
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -EYES +18% (receives approval for first commercial implants of the Argus II Retinal Prosthesis system in France)
01[09:27] {@Threei} -SPWR +17% (yiledco announcement/earnings)
01[09:27] {@Threei} -CHGG +16% (earnings/extension of digital textbook agreement)
01[09:27] {@Threei} -CAPN +16% (hearing recent strength attributed to financial blog article)
01[09:27] {@Threei} -FSLR +15% (First Solar and SunPower plan to partner to form joint YieldCo vehicle; could subsequently launch it as an IPO)
01[09:27] {@Threei} -CBRL +4.3% (earnings)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -ROSE -17% (earnings)
01[09:27] {@Threei} -TEP -5.2% (prices 10M unit offering at $50.82/unit)
01[09:27] {@Threei} -WIN -5.0% (earnings)
01[09:27] {@Threei} -HCN -3.0% (secondary)
01[09:27] {@Threei} -PLL -2.8% (earnings)
01[09:32] {@Threei} look at FCX which I wanted to buy right on the close :)
01[09:33] {@Threei} Short Setup: FB .45 break
01[09:33] {@Threei} If holds .55
01[09:33] {@Threei} 1:1
01[09:33] {@Threei} 1:2
01[09:35] {@Threei} 1:3
01[09:35] {@Threei} out
01[09:35] {@Threei} nice and easy
[09:35] {Nesi} good morning
01[09:35] {@Threei} nesi :)
01[09:36] {@Threei} Long Setup: FB .20 break
01[09:36] {@Threei} too fast
01[09:36] {@Threei} grrr
01[09:39] {@Threei} Short Setup: JPM .40 break
01[09:39] {@Threei} If holds .50
01[09:42] {@Threei} no go
01[09:43] {@Threei} rinse
01[09:45] {@Threei} *(US) FEB PRELIMINARY MARKIT SERVICES PMI: 57 V 54.5E
01[09:48] {@Threei} Short Setup: FB .40 break
01[09:48] {@Threei} If holds 50
01[09:48] {@Threei} 1:1
[09:53] {dino} thc pop
01[09:55] {@Threei} Short Setup: TWTR .90 break
01[09:56] {@Threei} If holds 49
01[09:59] {@Threei} *(US) FEB RICHMOND FED MANUFACTURING INDEX: 0 V 6E
01[10:00] {@Threei} *(US) FEB CONSUMER CONFIDENCE INDEX: 96.4 V 99.5E
01[10:00] {@Threei} 1:1
01[10:00] {@Threei} (US) Fed Chair Yellen: Patient stance means the Fed will not raise rates for at least the next few meetings - monetary report to Congress
01[10:01] {@Threei} 1:2
[10:01] {dino} alks sm l .36
[10:01] {dino} oulp
[10:01] {dino} pulp
[10:14] {dino} .
[10:14] {dino} hls spike
01[10:16] {@Threei} Long Setup: FB .90 break
01[10:16] {@Threei} If holds .80
01[10:19] {@Threei} Invalidated
[10:21] {dino} adding alks calls
01[10:24] {@Threei} got away
[10:25] {RonS} alks150320c70's ?
[10:26] {RonS} ...after yesterday...seemed appropriate...
01[10:27] {@Threei} lol
01[10:27] {@Threei} AlKsPGPoP
[10:27] {RonS} lol
[10:27] {dino} took some may 75s
01[10:43] {@Threei} (US) Fed Chair Yellen: Not supportive of chaining the FOMC decision making practices to any specific rule whatsoever - congressional Q&A - lack of wage growth shows there is more to do in the labor market
01[10:44] {@Threei} sure... raise minimum wage to CEO salary
01[10:45] {@Threei} Long Setup: MCD .05 break
01[10:45] {@Threei} If holds .95
01[10:57] {@Threei} Residents in Russia's Kaliningrad exclave have burnt an effigy of U.S. President Barack Obama to mark the spring holiday of Maslenitsa
01[10:58] {@Threei} nice job on that reset button
01[11:01] {@Threei} half out
01[11:03] {@Threei} 1:2
[11:10] {RonS} lol...Janet Yellen being interrogated by professional fundraisers.
01[11:10] {@Threei} lol
01[11:11] {@Threei} hmmm... it seem the way to arm Ukraine is found:
01[11:11] {@Threei} ABU DHABI - Ukrainian President Petro Poroshenko met high-ranking United Arab Emirates government officials on Feb. 24 to secure the purchase of weapons at an arms expo.
[11:12] {RonS} they make weapons?
[11:13] {cosmo} Could that expo be an airshow?
01[11:13] {@Threei} nope
01[11:13] {@Threei} they buy weapons
01[11:18] {@Threei} which is why this is simply a way to arm Ukraine without direct supplies
[11:20] {dino} we should arm them
01[11:22] {@Threei} couple concerns about that
[11:22] {dino} yes, but not arming them is giving the country nto russia
01[11:22] {@Threei} one, this is rapid escalation of a conflict, and Russia has means to increase their arsenal much faster than external supplies would arrive
01[11:23] {@Threei} so that could in fact be detrimental to Ukraine
01[11:23] {@Threei} not even speaking of training necessary to use modern weapons
01[11:23] {@Threei} there is just no time for that
01[11:24] {@Threei} another, and quite serious is: state of army, corruption at all levels and russian spies everywhere create real danger of weapons falling in wrong hands
01[11:25] {@Threei} US might quickly find out that russians have them
01[11:25] {@Threei} difficult situation...
[11:27] {dino} sure, but doing nothing condenms them to russia
01[11:27] {@Threei} true
01[11:28] {@Threei} IMO, sanctions must be ramped up, to halt the economy
01[11:28] {@Threei} turn SWIFT off
01[11:29] {@Threei} that'll hurt for real
01[11:29] {@Threei} Long Setup: VXX .40 break
01[11:29] {@Threei} If holds .30
01[11:31] {@Threei} Invalidated
01[11:42] {@Threei} should have changed to .30
01[12:03] {@Threei} Short Setup: MCD 95 break
01[12:03] {@Threei} If holds .10
01[12:03] {@Threei} missed nice morning, renfrew...
01[12:07] {@Threei} Invalidated
01[12:17] {@Threei} Long Setup: VXX .40 break
01[12:17] {@Threei} If holds .30
01[12:31] {@Threei} (CH) Switzerland competition authority reportedly begins investigation into precious metals pricing
01[12:32] {@Threei} sharp drop SPY
01[12:32] {@Threei} no news yet'
01[12:38] {@Threei} out balance VXX on a trail
01[12:43] {@Threei} you east coast sufferers, suffer some more: http://www.arrestinglight.com/blog/2015/2/cruelty-of-february
[12:45] {RonS} ya, 40 and sunny here but 2 snowstorms between tomorrow and Sunday and sub 40 for 10 days...global warming sure is grand
01[12:45] {@Threei} lol
01[12:45] {@Threei} [09:00] {@Threei} where is al gore, to put his face in the snow and ask "what's that bad gore"
01[12:45] {@Threei} Comments by Fed Chair Yellen have lifted markets this morning, although there is as yet little new material in her prepared remarks or the Q&A session.
[12:46] {RonS} ...there is a Gore mountain range just north of Vail...
01[12:47] {@Threei} In her prepared remarks, Yellen largely reiterated prior points, including that changes to the forward guidance/patience language would precede hikes but would not necessarily indicate imminent tightening. The Big Questions including employment and inflation. On the former, Yellen accentuated sluggish wage growth and participation, saying the labor market is not yet fully healed. On the latter, Yellen blunted stated that there is no evidence that inflation will move above 2% right now
[12:47] {RonS} "except for taxes, insurance, food, and entertainment"
01[13:04] {@Threei} Long Setup: IWM .35 break
01[13:04] {@Threei} .c .25
01[13:04] {@Threei} If holds .25
01[13:21] {@Threei} no go
01[13:36] {@Threei} rinse
01[13:37] {@Threei} disgusting bheavior
[13:38] {RonS} speaking of: White House: Obama will veto Keystone bill today 'without any drama or fanfare or delay'
01[13:39] {@Threei} lol
[14:00] {dino} cgi spike
[14:00] {dino} alr spike
01[14:00] {@Threei} Gulf nation OPEC delegate indicates that Brent price around $60/bbl is ok; oil price has stabilized - press - demand in oil is showing signs of improvement in Asia- would be unlikely that an extraordinary meeting would be called if oil prices stabilize
01[14:01] {@Threei} ECB's Coene: theoretically possible for a country to leave the Euro Zone
01[14:01] {@Threei} I dunno... this is Hotel california...
01[14:01] {@Threei} you have to destroy whole thing, if you want to leave it
[14:04] {dino} out alks .40, +1.05
[14:05] {RonS} gj
01[14:05] {@Threei} wtg
[14:05] {dino} ty, it kept hitting 69.40s then dropping, wanted 70, but got tired of pullbacks
01[14:17] {@Threei} Long Setup: IWM .25 break
01[14:17] {@Threei} If holds .20
01[14:17] {@Threei} ridiculously tight stop
01[14:19] {@Threei} Invalidated
01[14:29] {@Threei} again, same setup
01[14:29] {@Threei} double bottom
01[14:29] {@Threei} stop would be under .17
[14:36] {dino} gotta hop early, take care all
01[14:36] {@Threei} take care dino
[14:37] {RonS} cya dino
[14:39] {dino} ty
01[14:40] {@Threei} 1:1
01[14:57] {@Threei} 1:2
[15:08] {RonS} good one...thanks 3i
01[15:08] {@Threei} :)
01[15:10] {@Threei} 1:3
01[15:10] {@Threei} largish eod of day plays come regularly and oredictable
[15:33] {RonS} dino needs this? http://www.sunfrogshirts.com/Let-It-Snow.html?38076
[15:33] {RonS} problem is, it's so freakin cold would have to be covered up...
01[15:35] {@Threei} lol
01[15:36] {@Threei} do you know who the dude on the t-shirt is?
[15:36] {RonS} no idea...
01[15:36] {@Threei} character from game of thrones, last name is snow
[15:36] {RonS} lol
[15:36] {RonS} that is funny...
01[15:36] {@Threei} multilevel joke :)
01[15:38] {@Threei} if VXX dives under .90, might be last play of the day
[15:38] {RonS} awright, pulling the ripcord here...gotta shovel the north side while warm...see all tomorrow
01[15:39] {@Threei} ok :)
01[15:41] {@Threei} sharp move, tought to read
01[15:42] {@Threei} ok, calling it a day. Thank you, have a great evening
01[15:42] {@Threei} see you tomorrow
Session Time: Tue Feb 24 00:00:00 2015
[08:56] {dino} gm
01[08:56] {@Threei} dino :)
[09:00] {dino} get this 3i, another record, -18 degrees f at 6:00 am here
[09:00] {dino} no end in sight until Sunday
01[09:00] {@Threei} this is not even funny
[09:00] {dino} -11 right now
01[09:00] {@Threei} where is al gore, to put his face in the snow and ask "what's that bad gore"
[09:02] {dino} 6 weeks of sub-zero temps
[09:24] {RonS} gm
01[09:24] {@Threei} ron :)
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -EYES +18% (receives approval for first commercial implants of the Argus II Retinal Prosthesis system in France)
01[09:27] {@Threei} -SPWR +17% (yiledco announcement/earnings)
01[09:27] {@Threei} -CHGG +16% (earnings/extension of digital textbook agreement)
01[09:27] {@Threei} -CAPN +16% (hearing recent strength attributed to financial blog article)
01[09:27] {@Threei} -FSLR +15% (First Solar and SunPower plan to partner to form joint YieldCo vehicle; could subsequently launch it as an IPO)
01[09:27] {@Threei} -CBRL +4.3% (earnings)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -ROSE -17% (earnings)
01[09:27] {@Threei} -TEP -5.2% (prices 10M unit offering at $50.82/unit)
01[09:27] {@Threei} -WIN -5.0% (earnings)
01[09:27] {@Threei} -HCN -3.0% (secondary)
01[09:27] {@Threei} -PLL -2.8% (earnings)
01[09:32] {@Threei} look at FCX which I wanted to buy right on the close :)
01[09:33] {@Threei} Short Setup: FB .45 break
01[09:33] {@Threei} If holds .55
01[09:33] {@Threei} 1:1
01[09:33] {@Threei} 1:2
01[09:35] {@Threei} 1:3
01[09:35] {@Threei} out
01[09:35] {@Threei} nice and easy
[09:35] {Nesi} good morning
01[09:35] {@Threei} nesi :)
01[09:36] {@Threei} Long Setup: FB .20 break
01[09:36] {@Threei} too fast
01[09:36] {@Threei} grrr
01[09:39] {@Threei} Short Setup: JPM .40 break
01[09:39] {@Threei} If holds .50
01[09:42] {@Threei} no go
01[09:43] {@Threei} rinse
01[09:45] {@Threei} *(US) FEB PRELIMINARY MARKIT SERVICES PMI: 57 V 54.5E
01[09:48] {@Threei} Short Setup: FB .40 break
01[09:48] {@Threei} If holds 50
01[09:48] {@Threei} 1:1
[09:53] {dino} thc pop
01[09:55] {@Threei} Short Setup: TWTR .90 break
01[09:56] {@Threei} If holds 49
01[09:59] {@Threei} *(US) FEB RICHMOND FED MANUFACTURING INDEX: 0 V 6E
01[10:00] {@Threei} *(US) FEB CONSUMER CONFIDENCE INDEX: 96.4 V 99.5E
01[10:00] {@Threei} 1:1
01[10:00] {@Threei} (US) Fed Chair Yellen: Patient stance means the Fed will not raise rates for at least the next few meetings - monetary report to Congress
01[10:01] {@Threei} 1:2
[10:01] {dino} alks sm l .36
[10:01] {dino} oulp
[10:01] {dino} pulp
[10:14] {dino} .
[10:14] {dino} hls spike
01[10:16] {@Threei} Long Setup: FB .90 break
01[10:16] {@Threei} If holds .80
01[10:19] {@Threei} Invalidated
[10:21] {dino} adding alks calls
01[10:24] {@Threei} got away
[10:25] {RonS} alks150320c70's ?
[10:26] {RonS} ...after yesterday...seemed appropriate...
01[10:27] {@Threei} lol
01[10:27] {@Threei} AlKsPGPoP
[10:27] {RonS} lol
[10:27] {dino} took some may 75s
01[10:43] {@Threei} (US) Fed Chair Yellen: Not supportive of chaining the FOMC decision making practices to any specific rule whatsoever - congressional Q&A - lack of wage growth shows there is more to do in the labor market
01[10:44] {@Threei} sure... raise minimum wage to CEO salary
01[10:45] {@Threei} Long Setup: MCD .05 break
01[10:45] {@Threei} If holds .95
01[10:57] {@Threei} Residents in Russia's Kaliningrad exclave have burnt an effigy of U.S. President Barack Obama to mark the spring holiday of Maslenitsa
01[10:58] {@Threei} nice job on that reset button
01[11:01] {@Threei} half out
01[11:03] {@Threei} 1:2
[11:10] {RonS} lol...Janet Yellen being interrogated by professional fundraisers.
01[11:10] {@Threei} lol
01[11:11] {@Threei} hmmm... it seem the way to arm Ukraine is found:
01[11:11] {@Threei} ABU DHABI - Ukrainian President Petro Poroshenko met high-ranking United Arab Emirates government officials on Feb. 24 to secure the purchase of weapons at an arms expo.
[11:12] {RonS} they make weapons?
[11:13] {cosmo} Could that expo be an airshow?
01[11:13] {@Threei} nope
01[11:13] {@Threei} they buy weapons
01[11:18] {@Threei} which is why this is simply a way to arm Ukraine without direct supplies
[11:20] {dino} we should arm them
01[11:22] {@Threei} couple concerns about that
[11:22] {dino} yes, but not arming them is giving the country nto russia
01[11:22] {@Threei} one, this is rapid escalation of a conflict, and Russia has means to increase their arsenal much faster than external supplies would arrive
01[11:23] {@Threei} so that could in fact be detrimental to Ukraine
01[11:23] {@Threei} not even speaking of training necessary to use modern weapons
01[11:23] {@Threei} there is just no time for that
01[11:24] {@Threei} another, and quite serious is: state of army, corruption at all levels and russian spies everywhere create real danger of weapons falling in wrong hands
01[11:25] {@Threei} US might quickly find out that russians have them
01[11:25] {@Threei} difficult situation...
[11:27] {dino} sure, but doing nothing condenms them to russia
01[11:27] {@Threei} true
01[11:28] {@Threei} IMO, sanctions must be ramped up, to halt the economy
01[11:28] {@Threei} turn SWIFT off
01[11:29] {@Threei} that'll hurt for real
01[11:29] {@Threei} Long Setup: VXX .40 break
01[11:29] {@Threei} If holds .30
01[11:31] {@Threei} Invalidated
01[11:42] {@Threei} should have changed to .30
01[12:03] {@Threei} Short Setup: MCD 95 break
01[12:03] {@Threei} If holds .10
01[12:03] {@Threei} missed nice morning, renfrew...
01[12:07] {@Threei} Invalidated
01[12:17] {@Threei} Long Setup: VXX .40 break
01[12:17] {@Threei} If holds .30
01[12:31] {@Threei} (CH) Switzerland competition authority reportedly begins investigation into precious metals pricing
01[12:32] {@Threei} sharp drop SPY
01[12:32] {@Threei} no news yet'
01[12:38] {@Threei} out balance VXX on a trail
01[12:43] {@Threei} you east coast sufferers, suffer some more: http://www.arrestinglight.com/blog/2015/2/cruelty-of-february
[12:45] {RonS} ya, 40 and sunny here but 2 snowstorms between tomorrow and Sunday and sub 40 for 10 days...global warming sure is grand
01[12:45] {@Threei} lol
01[12:45] {@Threei} [09:00] {@Threei} where is al gore, to put his face in the snow and ask "what's that bad gore"
01[12:45] {@Threei} Comments by Fed Chair Yellen have lifted markets this morning, although there is as yet little new material in her prepared remarks or the Q&A session.
[12:46] {RonS} ...there is a Gore mountain range just north of Vail...
01[12:47] {@Threei} In her prepared remarks, Yellen largely reiterated prior points, including that changes to the forward guidance/patience language would precede hikes but would not necessarily indicate imminent tightening. The Big Questions including employment and inflation. On the former, Yellen accentuated sluggish wage growth and participation, saying the labor market is not yet fully healed. On the latter, Yellen blunted stated that there is no evidence that inflation will move above 2% right now
[12:47] {RonS} "except for taxes, insurance, food, and entertainment"
01[13:04] {@Threei} Long Setup: IWM .35 break
01[13:04] {@Threei} .c .25
01[13:04] {@Threei} If holds .25
01[13:21] {@Threei} no go
01[13:36] {@Threei} rinse
01[13:37] {@Threei} disgusting bheavior
[13:38] {RonS} speaking of: White House: Obama will veto Keystone bill today 'without any drama or fanfare or delay'
01[13:39] {@Threei} lol
[14:00] {dino} cgi spike
[14:00] {dino} alr spike
01[14:00] {@Threei} Gulf nation OPEC delegate indicates that Brent price around $60/bbl is ok; oil price has stabilized - press - demand in oil is showing signs of improvement in Asia- would be unlikely that an extraordinary meeting would be called if oil prices stabilize
01[14:01] {@Threei} ECB's Coene: theoretically possible for a country to leave the Euro Zone
01[14:01] {@Threei} I dunno... this is Hotel california...
01[14:01] {@Threei} you have to destroy whole thing, if you want to leave it
[14:04] {dino} out alks .40, +1.05
[14:05] {RonS} gj
01[14:05] {@Threei} wtg
[14:05] {dino} ty, it kept hitting 69.40s then dropping, wanted 70, but got tired of pullbacks
01[14:17] {@Threei} Long Setup: IWM .25 break
01[14:17] {@Threei} If holds .20
01[14:17] {@Threei} ridiculously tight stop
01[14:19] {@Threei} Invalidated
01[14:29] {@Threei} again, same setup
01[14:29] {@Threei} double bottom
01[14:29] {@Threei} stop would be under .17
[14:36] {dino} gotta hop early, take care all
01[14:36] {@Threei} take care dino
[14:37] {RonS} cya dino
[14:39] {dino} ty
01[14:40] {@Threei} 1:1
01[14:57] {@Threei} 1:2
[15:08] {RonS} good one...thanks 3i
01[15:08] {@Threei} :)
01[15:10] {@Threei} 1:3
01[15:10] {@Threei} largish eod of day plays come regularly and oredictable
[15:33] {RonS} dino needs this? http://www.sunfrogshirts.com/Let-It-Snow.html?38076
[15:33] {RonS} problem is, it's so freakin cold would have to be covered up...
01[15:35] {@Threei} lol
01[15:36] {@Threei} do you know who the dude on the t-shirt is?
[15:36] {RonS} no idea...
01[15:36] {@Threei} character from game of thrones, last name is snow
[15:36] {RonS} lol
[15:36] {RonS} that is funny...
01[15:36] {@Threei} multilevel joke :)
01[15:38] {@Threei} if VXX dives under .90, might be last play of the day
[15:38] {RonS} awright, pulling the ripcord here...gotta shovel the north side while warm...see all tomorrow
01[15:39] {@Threei} ok :)
01[15:41] {@Threei} sharp move, tought to read
01[15:42] {@Threei} ok, calling it a day. Thank you, have a great evening
01[15:42] {@Threei} see you tomorrow
Monday, February 23, 2015
Feb 23 2015
Day started with some back and forth, scalps and stops, but quickly got firmly on a positive side with a few strong wins, ranging from 1:2 to 1:4
Session Time: Mon Feb 23 00:00:00 2015
[08:54] {Nesi} morning vad
01[08:55] {@Threei} nesi :)
[09:01] {Nesi} hi cosmo
[09:05] {Nesi} dino, morning
[09:05] {dino} gm, well we broke a 36 year old record for cold friday night. also the month of february is 9.5 degrees below the average temp this year.
[09:06] {Nesi} wow
01[09:06] {@Threei} dino :)
01[09:06] {@Threei} ouch
[09:06] {dino} yeah, its f'ing cold up here
01[09:06] {@Threei} I almost feel guilty for our winter that wasn't
[09:06] {dino} zero f when i woke at 6, now 10 f
[09:06] {Nesi} 75 here
[09:07] {dino} ugh
[09:10] {cosmo} Nesi:)
[09:11] {cosmo} we desperately need more CO2 in this world
[09:11] {cosmo} the models must be wrong
01[09:27] {@Threei} Goldman Sachs Cuts Commercial Aerospace Sector View to Neutral from Attractive
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -RIGL +44% (signed R&D collaboration agreement with BMY for TGF Beta Receptor Kinase inhibitors)
01[09:28] {@Threei} -BIOC +25% (study highlights value of the company's blood-based diagnostic)
01[09:28] {@Threei} -PPO +13% (received offer of $60.50/shr from Japan's Asashi Kasei)
01[09:28] {@Threei} -BDLP +13% (inks automotive and non-automotive tech solutions contracts)
01[09:28] {@Threei} -CLDX +11% (received FDA breakthrough therapy designation for treatment of adult patients with EGFRvIII-positive glioblastomas)
01[09:28] {@Threei} -GSM +11% (announced $3.1B stock merger agreement with Grupo FerroAtlantica)
01[09:28] {@Threei} -VRX +10% (earnings)
01[09:28] {@Threei} -HLSS +8% (New Residential acquiring HLSS for $18.25/shr)
01[09:28] {@Threei} -TSEM +7.5% (earnings)
01[09:28] {@Threei} -CSC +6% (reportedly holding talks to sell itself in a two-part deal)
01[09:28] {@Threei} -AWI +5.3% (separating into 2 public companies)
01[09:28] {@Threei} -ADMA +5% (presented positive data from Phase 3 trial of RI-002)
01[09:28] {@Threei} -AER +4% (earnings)
01[09:28] {@Threei} -NSM +4% (momentum from OCN news)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -SPPI -24% (momentum from NV court ruling that Fusilev patent is invalid; negative broker commentary)
01[09:28] {@Threei} -AXL -2.2% (earnings)
01[09:29] {@Threei} not much on downside, eh
01[09:30] {@Threei} Long Setup: FB 80 break
01[09:30] {@Threei} If holds .90
01[09:31] {@Threei} Invalidated
01[09:33] {@Threei} Long Setup: FCX .85 break
01[09:33] {@Threei} If holds .80
01[09:34] {@Threei} change to .80 break
01[09:34] {@Threei} If holds .75
01[09:35] {@Threei} valid still
01[09:36] {@Threei} stop .71
01[09:38] {@Threei} to .74
01[09:38] {@Threei} 1:1
01[09:40] {@Threei} Long Setup: FB .95 break
01[09:40] {@Threei} If holds .85
01[09:41] {@Threei} ugh sorry
01[09:41] {@Threei} wriong symbol
01[09:41] {@Threei} never mind
01[09:45] {@Threei} Long Setup: FB .70 break
01[09:45] {@Threei} If holds .60
01[09:46] {@Threei} 1:1
[09:50] {jfjf64} Mornin
[09:50] {jfjf64} Vrx s here
[09:51] {jfjf64} Not yet
01[09:51] {@Threei} hey jf
[09:51] {jfjf64} Hey hey
01[09:51] {@Threei} Long Setup: IWM .40 break
01[09:51] {@Threei} If holds .35
01[09:52] {@Threei} 1:1
01[09:53] {@Threei} second half of FB got rinsed
01[09:58] {@Threei} FCX, watching for pullback entry
01[10:00] {@Threei} Long Setup: DAL .65 break
01[10:00] {@Threei} If holds .60
01[10:00] {@Threei} *(US) JAN EXISTING HOME SALES: 4.82M V 4.95ME
01[10:01] {@Threei} meh
01[10:03] {@Threei} Long Setup: TWTR .85 break
01[10:03] {@Threei} If holds .75
01[10:04] {@Threei} Invalidated
01[10:04] {@Threei} change to .80 break
01[10:04] {@Threei} If holds .70
01[10:07] {@Threei} no go
[10:08] {jfjf64} Lookin pulls
[10:09] {jfjf64} Bk unh
01[10:09] {@Threei} back and forth so far
01[10:09] {@Threei} 3 scalps, 2 stops, lol
01[10:10] {@Threei} Long Setup: CAT .60 break
01[10:10] {@Threei} If holds .50
[10:10] {jfjf64} .
01[10:12] {@Threei} pioneer, see private message
01[10:13] {@Threei} Invalidated
01[10:15] {@Threei} (US) Preview: Feb Dallas Fed Manufacturing Activity expected at 10:30 ET (15:30 GMT) - Consensus expectations: -4.0e v -4.4 prior
01[10:16] {@Threei} - Broad-based USD buying seen in session ahead of Feb Yellen bi-annual testimony (Tues and Wed). The greenback gains against all major and commodity-related currency pairs.
01[10:17] {@Threei} Long Setup: GLD .80 break
01[10:17] {@Threei} If holds .70
01[10:19] {@Threei} pioneer_trading, see private message please
01[10:20] {@Threei} 1:1
01[10:21] {@Threei} shrug... you can't say I didn't try
[10:21] {jfjf64} Fb .45 break
01[10:23] {@Threei} 1:2
[10:25] {jfjf64} No go fb here
01[10:30] {@Threei} 1:3
01[10:30] {@Threei} finally something decent
[10:30] {jfjf64} Nice
01[10:33] {@Threei} 1:4
01[10:33] {@Threei} out in full
01[10:34] {@Threei} *(US) FEB DALLAS FED MANUFACTURING ACTIVITY: -11.2 V -4.0E
[10:40] {dino} GDPpD hl l .45
[10:41] {RonS} chemical formula?
[10:41] {jfjf64} Lol
01[10:41] {@Threei} lol
[10:49] {jfjf64} AAPL s.15
[10:51] {jfjf64} Now die
01[10:56] {@Threei} Long Setup: FB .15 break
01[10:56] {@Threei} If holds .05
01[10:58] {@Threei} Invalidated
[11:00] {dino} stop pdppd
01[11:00] {@Threei} Long Setup: IWM .60 break
01[11:00] {@Threei} If holds .50
01[11:01] {@Threei} 1:1
[11:01] {RonS} noone could type it to buy it...pdppd
01[11:01] {@Threei} lol
[11:10] {dino} pdppd sm l .75
[11:12] {RonS} can't even pull it up here...
01[11:12] {@Threei} neither can I
[11:13] {dino} sorry its GDPpD
01[11:13] {@Threei} I just applaud dino and hope he is not pulling our leg by typing random made-up symbols
[11:13] {Nesi} :)
06[11:14] * @Threei kicks IWM in the rear
01[11:14] {@Threei} nesi, look pm
[11:14] {RonS} can't find that one either...
01[11:14] {@Threei} told ya ron... he is having fun
[11:14] {dino} try gdpPd
[11:15] {dino} goodrich pete preferred
[11:15] {dino} dropped 2.63
01[11:15] {@Threei} 1:3
01[11:16] {@Threei} I get GDP for actual shares
01[11:16] {@Threei} but not preferred
01[11:16] {@Threei} 1:2
01[11:16] {@Threei} sorry
[11:16] {dino} i have the preferrds, my system lists it
01[11:16] {@Threei} 1:3
01[11:20] {@Threei} 1"4
01[11:20] {@Threei} out
[11:22] {dino} gj
01[11:22] {@Threei} ty
01[11:34] {@Threei} (GR) Eurogroup's Dijsselbloem: optimistic that the Greek reform letter and measures to come today will be strong enough
01[11:42] {@Threei} Long Setup: FCX .70 break
01[11:42] {@Threei} If holds .60
[11:44] {Nesi} you killing it today vad
01[11:44] {@Threei} friday was better
[11:45] {Nesi} so there are no more news plays anymore ,vad?
01[11:45] {@Threei} not in a sense "just buy on news"
01[11:45] {@Threei} news triggers activity, then we look for a setup
[11:46] {Nesi} no more fast triggers
01[11:46] {@Threei} but that stupid "oh look, good news on XYZ, let's buy it" - that's stone age
[11:46] {Nesi} so much has changed
01[11:47] {@Threei} what fast triggers... fast triggers today are computer programs that put and cacel quotes in milliseconds
01[11:47] {@Threei} good luck outrunning that
01[11:47] {@Threei} and why, to scalp 1/10th of a cent?
[11:47] {Nesi} i see
01[11:47] {@Threei} nothing changed in good old-fashioned trading
01[11:48] {@Threei} there are setups that work
01[11:48] {@Threei} just as they did 10, 15 and 100 years ago
[11:48] {RonS} that HFT co coming public listed in their red herring they have only had 1 losing day in 1273...or thereabouts
01[11:48] {@Threei} fools that tried to cowboy 1998 are extinct
01[11:49] {@Threei} a few of them took troubles to learn what actual trading is
01[11:49] {@Threei} and still are around
01[11:49] {@Threei} your faithful is one of them
01[11:50] {@Threei} all those heroes of cowboy days, no one remembers their names anymore
01[11:50] {@Threei} cheetah...
01[11:50] {@Threei} who else
01[11:50] {@Threei} majic
[11:50] {Nesi} most of them
[11:51] {dino} tgalking about me i see, miss those late 90s trading deays
[11:51] {Nesi} old reading tape should work
[11:53] {Nesi} It means you have an Internet issue Try to restart the computer or the router
[12:00] {Nesi} test
01[12:02] {@Threei} passed
01[12:06] {@Threei} Long Setup: VXX .10 break
01[12:06] {@Threei} If holds 29
01[12:13] {@Threei} scratching FCX
01[12:20] {@Threei} let's go VXX
01[12:21] {@Threei} SPY wss consolidating for this breakdown for a good while
01[12:21] {@Threei} finally broke support
01[12:44] {@Threei} 1:1
01[12:57] {@Threei} FCX scratch was a good idea
01[13:05] {@Threei} difficult to tell whether SPY reverses here or drops more
01[13:06] {@Threei} VXX stop for the second half is still at b/e, but trail to .14 after .25 break
01[13:14] {@Threei} GR) Greece govt official notes the measures will be provided to Eurogroup on Tuesday morning, confirms proposals will include reforms on tax evasion, corruption - Reforms to include cuts to bureaucracy and reform to public sector**Note: The deadline for submitting the reform proposals was supposed to be Monday at midnight in Europe
01[13:15] {@Threei} poor Nesi... can't make new trading software work
01[13:15] {@Threei} connection error no one ever seen before, lol
01[13:31] {@Threei} just a scalp VXX
[13:32] {RonS} crude $1 spike in seconds
01[13:32] {@Threei} OPEC could call for an extraordinary meeting to discuss oil price decline - financial press - Cites Nigeria oil Minister that indicates that members of OPEC did discuss the potential to hold an emergency meeting if crude price continues to decline
[13:36] {dino} .
[13:37] {RonS} never ceases to amaze me...snow melts here with light cloud cover and temp 16 F
01[13:41] {@Threei} you know dino hates you right now, right?
01[13:42] {@Threei} then again, he hates all of us but Raven
[13:42] {dino} lol
01[13:42] {@Threei} he is almost equal opportunity hater
01[13:43] {@Threei} and looking at their winter, who could blame him
[13:43] {dino} supposed to be negative temps at night the remainder of this week
01[13:44] {@Threei} I see west cpast in your future, dino
01[13:44] {@Threei} coast
01[13:44] {@Threei} at some point you will get tired of that white crap
[13:45] {dino} getting there, but will not move until my daughter is out of high school
01[13:48] {@Threei} how long yet?
[13:54] {dino} 3 years
01[13:55] {@Threei} ouch
[13:56] {dino} actually 10 years, wife retires then, so stuck until then. oh well, i'll live
[14:03] {RonS} tts rockin
01[14:07] {@Threei} OIL is back down
01[14:07] {@Threei} full roundtrip
01[14:38] {@Threei} Unnamed OPEC delegate says the cartel has no current plans to hold an emergency meeting - financial press - The source says there have been no material discussions about an extraordinary meeting ahead of the June 6 regular meeting.
01[14:38] {@Threei} lol
[14:44] {RonS} vdsi drubbed
01[14:58] {@Threei} Long Setup: VXX .25 break
01[14:59] {@Threei} last hour should show some selling... not sure it's time for entry yet byt looks right
01[14:59] {@Threei} If holds .15
[15:03] {dino} added true calls
01[15:04] {@Threei} as opposite to false calls?
01[15:04] {@Threei} 1:1
[15:05] {dino} lol
01[15:05] {@Threei} nailed market breakdown
01[15:06] {@Threei} 1:2
01[15:06] {@Threei} jf misses all the fun again
01[15:10] {@Threei} day low is near on SPY
01[15:10] {@Threei} will try to ride it
[15:11] {dino} nice read
01[15:11] {@Threei} ty
01[15:22] {@Threei} (US) Fed's Williams (dove, FOMC voter): FOMC members should have a "serious discussion" over potential rate hike in June - Nikkei interview - Says: "I wouldn't want to eliminate the possibility of a rate hike in June." - Improvement in US labor market has been "remarkable".
[15:23] {RonS} douch...anything but remarkable...
[15:23] {RonS} +e
01[15:25] {@Threei} how would he know from his ivory tower
[15:25] {RonS} he can see the labor force participation rate...
[15:26] {RonS} ...and part time v full time...
[15:30] {RonS} cybr rip cord time...
01[15:55] {@Threei} Long Setup: FCX .60 break
01[15:55] {@Threei} nah
01[15:55] {@Threei} no time
01[15:55] {@Threei} ok guys, decent day
[15:55] {dino} out gdppd .15, +.40
01[15:55] {@Threei} thank you, have a good evening
01[15:55] {@Threei} see you tomorrow
[15:57] {dino} gn all
Session Time: Mon Feb 23 00:00:00 2015
[08:54] {Nesi} morning vad
01[08:55] {@Threei} nesi :)
[09:01] {Nesi} hi cosmo
[09:05] {Nesi} dino, morning
[09:05] {dino} gm, well we broke a 36 year old record for cold friday night. also the month of february is 9.5 degrees below the average temp this year.
[09:06] {Nesi} wow
01[09:06] {@Threei} dino :)
01[09:06] {@Threei} ouch
[09:06] {dino} yeah, its f'ing cold up here
01[09:06] {@Threei} I almost feel guilty for our winter that wasn't
[09:06] {dino} zero f when i woke at 6, now 10 f
[09:06] {Nesi} 75 here
[09:07] {dino} ugh
[09:10] {cosmo} Nesi:)
[09:11] {cosmo} we desperately need more CO2 in this world
[09:11] {cosmo} the models must be wrong
01[09:27] {@Threei} Goldman Sachs Cuts Commercial Aerospace Sector View to Neutral from Attractive
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -RIGL +44% (signed R&D collaboration agreement with BMY for TGF Beta Receptor Kinase inhibitors)
01[09:28] {@Threei} -BIOC +25% (study highlights value of the company's blood-based diagnostic)
01[09:28] {@Threei} -PPO +13% (received offer of $60.50/shr from Japan's Asashi Kasei)
01[09:28] {@Threei} -BDLP +13% (inks automotive and non-automotive tech solutions contracts)
01[09:28] {@Threei} -CLDX +11% (received FDA breakthrough therapy designation for treatment of adult patients with EGFRvIII-positive glioblastomas)
01[09:28] {@Threei} -GSM +11% (announced $3.1B stock merger agreement with Grupo FerroAtlantica)
01[09:28] {@Threei} -VRX +10% (earnings)
01[09:28] {@Threei} -HLSS +8% (New Residential acquiring HLSS for $18.25/shr)
01[09:28] {@Threei} -TSEM +7.5% (earnings)
01[09:28] {@Threei} -CSC +6% (reportedly holding talks to sell itself in a two-part deal)
01[09:28] {@Threei} -AWI +5.3% (separating into 2 public companies)
01[09:28] {@Threei} -ADMA +5% (presented positive data from Phase 3 trial of RI-002)
01[09:28] {@Threei} -AER +4% (earnings)
01[09:28] {@Threei} -NSM +4% (momentum from OCN news)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -SPPI -24% (momentum from NV court ruling that Fusilev patent is invalid; negative broker commentary)
01[09:28] {@Threei} -AXL -2.2% (earnings)
01[09:29] {@Threei} not much on downside, eh
01[09:30] {@Threei} Long Setup: FB 80 break
01[09:30] {@Threei} If holds .90
01[09:31] {@Threei} Invalidated
01[09:33] {@Threei} Long Setup: FCX .85 break
01[09:33] {@Threei} If holds .80
01[09:34] {@Threei} change to .80 break
01[09:34] {@Threei} If holds .75
01[09:35] {@Threei} valid still
01[09:36] {@Threei} stop .71
01[09:38] {@Threei} to .74
01[09:38] {@Threei} 1:1
01[09:40] {@Threei} Long Setup: FB .95 break
01[09:40] {@Threei} If holds .85
01[09:41] {@Threei} ugh sorry
01[09:41] {@Threei} wriong symbol
01[09:41] {@Threei} never mind
01[09:45] {@Threei} Long Setup: FB .70 break
01[09:45] {@Threei} If holds .60
01[09:46] {@Threei} 1:1
[09:50] {jfjf64} Mornin
[09:50] {jfjf64} Vrx s here
[09:51] {jfjf64} Not yet
01[09:51] {@Threei} hey jf
[09:51] {jfjf64} Hey hey
01[09:51] {@Threei} Long Setup: IWM .40 break
01[09:51] {@Threei} If holds .35
01[09:52] {@Threei} 1:1
01[09:53] {@Threei} second half of FB got rinsed
01[09:58] {@Threei} FCX, watching for pullback entry
01[10:00] {@Threei} Long Setup: DAL .65 break
01[10:00] {@Threei} If holds .60
01[10:00] {@Threei} *(US) JAN EXISTING HOME SALES: 4.82M V 4.95ME
01[10:01] {@Threei} meh
01[10:03] {@Threei} Long Setup: TWTR .85 break
01[10:03] {@Threei} If holds .75
01[10:04] {@Threei} Invalidated
01[10:04] {@Threei} change to .80 break
01[10:04] {@Threei} If holds .70
01[10:07] {@Threei} no go
[10:08] {jfjf64} Lookin pulls
[10:09] {jfjf64} Bk unh
01[10:09] {@Threei} back and forth so far
01[10:09] {@Threei} 3 scalps, 2 stops, lol
01[10:10] {@Threei} Long Setup: CAT .60 break
01[10:10] {@Threei} If holds .50
[10:10] {jfjf64} .
01[10:12] {@Threei} pioneer, see private message
01[10:13] {@Threei} Invalidated
01[10:15] {@Threei} (US) Preview: Feb Dallas Fed Manufacturing Activity expected at 10:30 ET (15:30 GMT) - Consensus expectations: -4.0e v -4.4 prior
01[10:16] {@Threei} - Broad-based USD buying seen in session ahead of Feb Yellen bi-annual testimony (Tues and Wed). The greenback gains against all major and commodity-related currency pairs.
01[10:17] {@Threei} Long Setup: GLD .80 break
01[10:17] {@Threei} If holds .70
01[10:19] {@Threei} pioneer_trading, see private message please
01[10:20] {@Threei} 1:1
01[10:21] {@Threei} shrug... you can't say I didn't try
[10:21] {jfjf64} Fb .45 break
01[10:23] {@Threei} 1:2
[10:25] {jfjf64} No go fb here
01[10:30] {@Threei} 1:3
01[10:30] {@Threei} finally something decent
[10:30] {jfjf64} Nice
01[10:33] {@Threei} 1:4
01[10:33] {@Threei} out in full
01[10:34] {@Threei} *(US) FEB DALLAS FED MANUFACTURING ACTIVITY: -11.2 V -4.0E
[10:40] {dino} GDPpD hl l .45
[10:41] {RonS} chemical formula?
[10:41] {jfjf64} Lol
01[10:41] {@Threei} lol
[10:49] {jfjf64} AAPL s.15
[10:51] {jfjf64} Now die
01[10:56] {@Threei} Long Setup: FB .15 break
01[10:56] {@Threei} If holds .05
01[10:58] {@Threei} Invalidated
[11:00] {dino} stop pdppd
01[11:00] {@Threei} Long Setup: IWM .60 break
01[11:00] {@Threei} If holds .50
01[11:01] {@Threei} 1:1
[11:01] {RonS} noone could type it to buy it...pdppd
01[11:01] {@Threei} lol
[11:10] {dino} pdppd sm l .75
[11:12] {RonS} can't even pull it up here...
01[11:12] {@Threei} neither can I
[11:13] {dino} sorry its GDPpD
01[11:13] {@Threei} I just applaud dino and hope he is not pulling our leg by typing random made-up symbols
[11:13] {Nesi} :)
06[11:14] * @Threei kicks IWM in the rear
01[11:14] {@Threei} nesi, look pm
[11:14] {RonS} can't find that one either...
01[11:14] {@Threei} told ya ron... he is having fun
[11:14] {dino} try gdpPd
[11:15] {dino} goodrich pete preferred
[11:15] {dino} dropped 2.63
01[11:15] {@Threei} 1:3
01[11:16] {@Threei} I get GDP for actual shares
01[11:16] {@Threei} but not preferred
01[11:16] {@Threei} 1:2
01[11:16] {@Threei} sorry
[11:16] {dino} i have the preferrds, my system lists it
01[11:16] {@Threei} 1:3
01[11:20] {@Threei} 1"4
01[11:20] {@Threei} out
[11:22] {dino} gj
01[11:22] {@Threei} ty
01[11:34] {@Threei} (GR) Eurogroup's Dijsselbloem: optimistic that the Greek reform letter and measures to come today will be strong enough
01[11:42] {@Threei} Long Setup: FCX .70 break
01[11:42] {@Threei} If holds .60
[11:44] {Nesi} you killing it today vad
01[11:44] {@Threei} friday was better
[11:45] {Nesi} so there are no more news plays anymore ,vad?
01[11:45] {@Threei} not in a sense "just buy on news"
01[11:45] {@Threei} news triggers activity, then we look for a setup
[11:46] {Nesi} no more fast triggers
01[11:46] {@Threei} but that stupid "oh look, good news on XYZ, let's buy it" - that's stone age
[11:46] {Nesi} so much has changed
01[11:47] {@Threei} what fast triggers... fast triggers today are computer programs that put and cacel quotes in milliseconds
01[11:47] {@Threei} good luck outrunning that
01[11:47] {@Threei} and why, to scalp 1/10th of a cent?
[11:47] {Nesi} i see
01[11:47] {@Threei} nothing changed in good old-fashioned trading
01[11:48] {@Threei} there are setups that work
01[11:48] {@Threei} just as they did 10, 15 and 100 years ago
[11:48] {RonS} that HFT co coming public listed in their red herring they have only had 1 losing day in 1273...or thereabouts
01[11:48] {@Threei} fools that tried to cowboy 1998 are extinct
01[11:49] {@Threei} a few of them took troubles to learn what actual trading is
01[11:49] {@Threei} and still are around
01[11:49] {@Threei} your faithful is one of them
01[11:50] {@Threei} all those heroes of cowboy days, no one remembers their names anymore
01[11:50] {@Threei} cheetah...
01[11:50] {@Threei} who else
01[11:50] {@Threei} majic
[11:50] {Nesi} most of them
[11:51] {dino} tgalking about me i see, miss those late 90s trading deays
[11:51] {Nesi} old reading tape should work
[11:53] {Nesi} It means you have an Internet issue Try to restart the computer or the router
[12:00] {Nesi} test
01[12:02] {@Threei} passed
01[12:06] {@Threei} Long Setup: VXX .10 break
01[12:06] {@Threei} If holds 29
01[12:13] {@Threei} scratching FCX
01[12:20] {@Threei} let's go VXX
01[12:21] {@Threei} SPY wss consolidating for this breakdown for a good while
01[12:21] {@Threei} finally broke support
01[12:44] {@Threei} 1:1
01[12:57] {@Threei} FCX scratch was a good idea
01[13:05] {@Threei} difficult to tell whether SPY reverses here or drops more
01[13:06] {@Threei} VXX stop for the second half is still at b/e, but trail to .14 after .25 break
01[13:14] {@Threei} GR) Greece govt official notes the measures will be provided to Eurogroup on Tuesday morning, confirms proposals will include reforms on tax evasion, corruption - Reforms to include cuts to bureaucracy and reform to public sector**Note: The deadline for submitting the reform proposals was supposed to be Monday at midnight in Europe
01[13:15] {@Threei} poor Nesi... can't make new trading software work
01[13:15] {@Threei} connection error no one ever seen before, lol
01[13:31] {@Threei} just a scalp VXX
[13:32] {RonS} crude $1 spike in seconds
01[13:32] {@Threei} OPEC could call for an extraordinary meeting to discuss oil price decline - financial press - Cites Nigeria oil Minister that indicates that members of OPEC did discuss the potential to hold an emergency meeting if crude price continues to decline
[13:36] {dino} .
[13:37] {RonS} never ceases to amaze me...snow melts here with light cloud cover and temp 16 F
01[13:41] {@Threei} you know dino hates you right now, right?
01[13:42] {@Threei} then again, he hates all of us but Raven
[13:42] {dino} lol
01[13:42] {@Threei} he is almost equal opportunity hater
01[13:43] {@Threei} and looking at their winter, who could blame him
[13:43] {dino} supposed to be negative temps at night the remainder of this week
01[13:44] {@Threei} I see west cpast in your future, dino
01[13:44] {@Threei} coast
01[13:44] {@Threei} at some point you will get tired of that white crap
[13:45] {dino} getting there, but will not move until my daughter is out of high school
01[13:48] {@Threei} how long yet?
[13:54] {dino} 3 years
01[13:55] {@Threei} ouch
[13:56] {dino} actually 10 years, wife retires then, so stuck until then. oh well, i'll live
[14:03] {RonS} tts rockin
01[14:07] {@Threei} OIL is back down
01[14:07] {@Threei} full roundtrip
01[14:38] {@Threei} Unnamed OPEC delegate says the cartel has no current plans to hold an emergency meeting - financial press - The source says there have been no material discussions about an extraordinary meeting ahead of the June 6 regular meeting.
01[14:38] {@Threei} lol
[14:44] {RonS} vdsi drubbed
01[14:58] {@Threei} Long Setup: VXX .25 break
01[14:59] {@Threei} last hour should show some selling... not sure it's time for entry yet byt looks right
01[14:59] {@Threei} If holds .15
[15:03] {dino} added true calls
01[15:04] {@Threei} as opposite to false calls?
01[15:04] {@Threei} 1:1
[15:05] {dino} lol
01[15:05] {@Threei} nailed market breakdown
01[15:06] {@Threei} 1:2
01[15:06] {@Threei} jf misses all the fun again
01[15:10] {@Threei} day low is near on SPY
01[15:10] {@Threei} will try to ride it
[15:11] {dino} nice read
01[15:11] {@Threei} ty
01[15:22] {@Threei} (US) Fed's Williams (dove, FOMC voter): FOMC members should have a "serious discussion" over potential rate hike in June - Nikkei interview - Says: "I wouldn't want to eliminate the possibility of a rate hike in June." - Improvement in US labor market has been "remarkable".
[15:23] {RonS} douch...anything but remarkable...
[15:23] {RonS} +e
01[15:25] {@Threei} how would he know from his ivory tower
[15:25] {RonS} he can see the labor force participation rate...
[15:26] {RonS} ...and part time v full time...
[15:30] {RonS} cybr rip cord time...
01[15:55] {@Threei} Long Setup: FCX .60 break
01[15:55] {@Threei} nah
01[15:55] {@Threei} no time
01[15:55] {@Threei} ok guys, decent day
[15:55] {dino} out gdppd .15, +.40
01[15:55] {@Threei} thank you, have a good evening
01[15:55] {@Threei} see you tomorrow
[15:57] {dino} gn all
Friday, February 20, 2015
Market Week Wrap-up
TradeTheNews.com TradeTheNews.com
Weekly Market Update: Fed Stays Patient While Greece Talks Come to a Head
Fri, 20 Feb 2015 18:45 PM EST
The Greek saga dominated headlines this week, as negotiation continued even as Athens appeared to be closer and closer to running out of cash. European and Greek negotiators held tense meetings all week, and by Friday managed to agree to a tentative deal for a 4-month extension of the bailout program. Meanwhile, the ceasefire in Ukraine quickly unraveled as Russian forces took the key rail junction of Debaltseve and continued shelling the southern port city of Mariupol. Japan officially climbed out of its latest recession, although the +2.2% annualized expansion in December was weaker than expected. After some more tepid housing data, China closed up shop for the New Year holiday. The US 10-year yield gained 50 basis points in the first half of February, closing on Feb 17th at 2.14%. FOMC minutes that showed some members were concerned about removing "patient" from the statement and jitters about Greece caused some volatility in fixed income and currency markets in the latter half of the week. For the week, the Nasdaq rose 1.3%, while the Dow and S&P closed at fresh record highs, with the DJIA up 0.7%, the S&P500 adding 0.6%.
Negotiations early in the week were inconclusive, and Finance Minister Varoufakis pleaded in an op-ed that Greece was just looking for a few months of stability to allow the country to embark upon reform the population could support. The banking system looked weaker and weaker, with up to €1.0 billion in outflows in the second half of the week alone, raising talk about the possibility of capital controls. On Wednesday, the ECB extended only another €3.3 billion in ELA funding, well short of the €10 billion expansion that Athens had requested. Greece caved in to most European demands in the proposal made on Thursday, as it recognized that the existing bailout agreement was binding and asked for fewer concessions. On Friday, the Eurogroup meeting of financial ministers emerged with a tentative deal for a 4-month extension of the bailout program that would keep Greek banks capitalized. Under the agreement, by Monday the Greek government must produce a list of reform measures it plans to carry out during the extension, which will be reviewed by the Eurogroup on Tuesday to decide if the measures pass muster.
Markets dissected the January FOMC minutes for any scrap of insight into the Fed's intentions when it comes to potential 2015 rate hikes. The minutes showed that some Fed officials were worried that higher rates might generate credibility problems with a market that believes the FOMC will stay easy until inflation reaches target. JP Morgan said the minutes show a Fed in no rush to tighten policy, with only some members saying rates have been at zero for long enough. BMO saw a fair number of members wanting more reassurance about the economy before normalization, skewing the odds of a hike toward September or even later. Goldman saw no clear indication that most parties thought "patient" language should be removed. Late in the week, Fed hawks cautioned the markets that the committee views expressed in the minutes may have shifted since the very positive employment report released in early February.
There was softness in the homebuilders on some downbeat winter numbers. The February NAHB index of homebuilder confidence slipped lower for a second month in a row. The single-family home sales component fell for the first time since last October. January housing starts and building permits narrowly missed expectations. The January PPI prices report was softer than expected, with all components undershooting expectations. Core PPI contracted and the alternative core measure that includes trade fell by 0.3%, the first negative monthly reading in the brief 17-month history of the series.
Crude prices were contained within the range seen last week, with WTI ranging from $54 to $49 and Brent ranging from $63 to $58. There were spectacular headlines regarding a crude train derailment and explosion in West Virginia and a major accident at Exxon's Torrance, CA refinery. Meanwhile the underlying inventory data continues to show stocks growing at a breakneck pace. The API inventories data racked up its sixth consecutive increase, with the huge 14.3 million barrel build, the largest seen in years. The 7.7 million barrel build seen in the EIA data was less extreme, but still twice the expected amount.
Walmart announced that it would raise wages for up to 500,000 current and future sales associates (out of a total workforce of 1.8 million) to $9/hour this year and $10/hour in 2016, well above the federally mandated minimum wage of $7.25/hour. Walmart's move comes in response to rising pressure from tightening labor markets, where low-skilled workers easily move between retailers and fast-food chains. The hike will drive more wage hikes across the retail and fast-food sectors.
With the earnings season in Tokyo concluded, the Nikkei225 hit its highest level in 15 years, above 18,300. The 4% rally of the last two weeks is particularly impressive considering that the selling in Japanese Yen has abated, as USD/JPY continued to struggle retesting the ¥120 level. As widely expected, the Bank of Japan policy statement maintained its annual monetary base increase target rate at ¥80T. For the third consecutive meeting however, the BOJ also raised its assessment of industrial output, along with a slightly improved view of exports. To that end, subsequent trade data out of Japan showed the smallest adjusted trade deficit in nearly 3 years, as exports rose at the fastest annual rate in over a year amid double-digit gains in shipments to US and China. More significant progress on inflation remains a key hurdle for Abenomics - late in the week, Japanese press hinted policymakers could consider delaying the timing for achieving 2% inflation target beyond the FY15/16 prior forecast.
Prior to shutting down for the Lunar New Year, China released its latest data on home prices for the month of January. The findings were unimpressive, as the trend of smaller sequential declines across all 70 top cities was reversed. Overall, prices were also down m/m for the 9th consecutive month. National Stats Bureau economist remarked there was significant divergence in prices across the country - top-tier cities saw little change in prices while 3rd tier cities saw declines of over 0.5%. Separately on the mainland, press reports suggested that the government is discussing consolidation in the energy sector, potentially involving a merger of Sinopec, CNPC, Cnooc or Sinochem, which lifted those firms stocks.
Fri, 20 Feb 2015 18:45 PM EST
The Greek saga dominated headlines this week, as negotiation continued even as Athens appeared to be closer and closer to running out of cash. European and Greek negotiators held tense meetings all week, and by Friday managed to agree to a tentative deal for a 4-month extension of the bailout program. Meanwhile, the ceasefire in Ukraine quickly unraveled as Russian forces took the key rail junction of Debaltseve and continued shelling the southern port city of Mariupol. Japan officially climbed out of its latest recession, although the +2.2% annualized expansion in December was weaker than expected. After some more tepid housing data, China closed up shop for the New Year holiday. The US 10-year yield gained 50 basis points in the first half of February, closing on Feb 17th at 2.14%. FOMC minutes that showed some members were concerned about removing "patient" from the statement and jitters about Greece caused some volatility in fixed income and currency markets in the latter half of the week. For the week, the Nasdaq rose 1.3%, while the Dow and S&P closed at fresh record highs, with the DJIA up 0.7%, the S&P500 adding 0.6%.
Negotiations early in the week were inconclusive, and Finance Minister Varoufakis pleaded in an op-ed that Greece was just looking for a few months of stability to allow the country to embark upon reform the population could support. The banking system looked weaker and weaker, with up to €1.0 billion in outflows in the second half of the week alone, raising talk about the possibility of capital controls. On Wednesday, the ECB extended only another €3.3 billion in ELA funding, well short of the €10 billion expansion that Athens had requested. Greece caved in to most European demands in the proposal made on Thursday, as it recognized that the existing bailout agreement was binding and asked for fewer concessions. On Friday, the Eurogroup meeting of financial ministers emerged with a tentative deal for a 4-month extension of the bailout program that would keep Greek banks capitalized. Under the agreement, by Monday the Greek government must produce a list of reform measures it plans to carry out during the extension, which will be reviewed by the Eurogroup on Tuesday to decide if the measures pass muster.
Markets dissected the January FOMC minutes for any scrap of insight into the Fed's intentions when it comes to potential 2015 rate hikes. The minutes showed that some Fed officials were worried that higher rates might generate credibility problems with a market that believes the FOMC will stay easy until inflation reaches target. JP Morgan said the minutes show a Fed in no rush to tighten policy, with only some members saying rates have been at zero for long enough. BMO saw a fair number of members wanting more reassurance about the economy before normalization, skewing the odds of a hike toward September or even later. Goldman saw no clear indication that most parties thought "patient" language should be removed. Late in the week, Fed hawks cautioned the markets that the committee views expressed in the minutes may have shifted since the very positive employment report released in early February.
There was softness in the homebuilders on some downbeat winter numbers. The February NAHB index of homebuilder confidence slipped lower for a second month in a row. The single-family home sales component fell for the first time since last October. January housing starts and building permits narrowly missed expectations. The January PPI prices report was softer than expected, with all components undershooting expectations. Core PPI contracted and the alternative core measure that includes trade fell by 0.3%, the first negative monthly reading in the brief 17-month history of the series.
Crude prices were contained within the range seen last week, with WTI ranging from $54 to $49 and Brent ranging from $63 to $58. There were spectacular headlines regarding a crude train derailment and explosion in West Virginia and a major accident at Exxon's Torrance, CA refinery. Meanwhile the underlying inventory data continues to show stocks growing at a breakneck pace. The API inventories data racked up its sixth consecutive increase, with the huge 14.3 million barrel build, the largest seen in years. The 7.7 million barrel build seen in the EIA data was less extreme, but still twice the expected amount.
Walmart announced that it would raise wages for up to 500,000 current and future sales associates (out of a total workforce of 1.8 million) to $9/hour this year and $10/hour in 2016, well above the federally mandated minimum wage of $7.25/hour. Walmart's move comes in response to rising pressure from tightening labor markets, where low-skilled workers easily move between retailers and fast-food chains. The hike will drive more wage hikes across the retail and fast-food sectors.
With the earnings season in Tokyo concluded, the Nikkei225 hit its highest level in 15 years, above 18,300. The 4% rally of the last two weeks is particularly impressive considering that the selling in Japanese Yen has abated, as USD/JPY continued to struggle retesting the ¥120 level. As widely expected, the Bank of Japan policy statement maintained its annual monetary base increase target rate at ¥80T. For the third consecutive meeting however, the BOJ also raised its assessment of industrial output, along with a slightly improved view of exports. To that end, subsequent trade data out of Japan showed the smallest adjusted trade deficit in nearly 3 years, as exports rose at the fastest annual rate in over a year amid double-digit gains in shipments to US and China. More significant progress on inflation remains a key hurdle for Abenomics - late in the week, Japanese press hinted policymakers could consider delaying the timing for achieving 2% inflation target beyond the FY15/16 prior forecast.
Prior to shutting down for the Lunar New Year, China released its latest data on home prices for the month of January. The findings were unimpressive, as the trend of smaller sequential declines across all 70 top cities was reversed. Overall, prices were also down m/m for the 9th consecutive month. National Stats Bureau economist remarked there was significant divergence in prices across the country - top-tier cities saw little change in prices while 3rd tier cities saw declines of over 0.5%. Separately on the mainland, press reports suggested that the government is discussing consolidation in the energy sector, potentially involving a merger of Sinopec, CNPC, Cnooc or Sinochem, which lifted those firms stocks.
Feb 20 2015
Not only was it a 100% day, it had four 1:3ers, 1 1:2 and 1 scalp. Perfect way to finish the week!
Session Time: Fri Feb 20 00:00:00 2015
[07:55] {Nesi} morning vad
01[08:41] {@Threei} morning nesi
[08:49] {dino} gm
01[08:49] {@Threei} dino :)
[08:52] {Nesi} hi dino
[08:53] {dino} :)
[09:23] {RonS} gm
01[09:24] {@Threei} ron :)
[09:25] {RonS} ndls soaked
01[09:26] {@Threei} lol
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -ANET +11% (parent co. said to be working on sale)
01[09:28] {@Threei} -ANN +7% (earnings)
01[09:28] {@Threei} -MIFI +6% (earnings)
01[09:28] {@Threei} -FRGI +5% (earnings; positive broker commentary)
01[09:28] {@Threei} -CYH +3.5% (earnings)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -IVAN -62% (filing a notice of intention to make a proposal under the Bankruptcy and Insolvency Act)
01[09:29] {@Threei} -CLRX -37% (priced $4.8M common stock and warrants)
01[09:29] {@Threei} -FUEL -28% (earnings)
01[09:29] {@Threei} -NDLS -27% (earnings)
01[09:29] {@Threei} -EQIX -3% (earnings)
01[09:33] {@Threei} Long Setup: VXX .45 break
[09:33] {dino} 3i, -11 f at 6:00 am here, never ends
01[09:33] {@Threei} yikes
01[09:34] {@Threei} one day you'll have to consider moving to better climes... :)
01[09:34] {@Threei} stop .39
01[09:35] {@Threei} half out
[09:35] {jfjf64} Mornin
01[09:35] {@Threei} 1:1
01[09:35] {@Threei} jf :)
[09:35] {jfjf64} What ya in
01[09:35] {@Threei} VXX
01[09:38] {@Threei} France, Germany want Ukraine ceasefire fully observed - Hollande
01[09:39] {@Threei} and I want Jennifer Lopez to serve my breakfast today
[09:39] {RonS} lol
[09:39] {RonS} denn cooking
01[09:39] {@Threei} our chances are about equal
01[09:40] {@Threei} 1:2
01[09:40] {@Threei} 1:3
01[09:40] {@Threei} something from Greece?
01[09:40] {@Threei} not on wires yet
01[09:43] {@Threei} hmmm
01[09:44] {@Threei} nothing... what was that drop about
01[09:44] {@Threei} anyway, not complaining about 1:3er to start the day
[09:44] {dino} ipgp drop
[09:45] {RonS} slxp jump on vrx purchase report
01[09:45] {@Threei} *(US) FEB PRELIMINARY MARKIT MANUFACTURING PMI: 54.3 V 53.6E
01[09:45] {@Threei} [SLXP] CNBC's Faber: Valeant near a deal for the company; deal could be announced in days; no details on price or composition of deal yet - deal likely north of $160 but not near $205/shr
01[09:46] {@Threei} dino, this is for you: https://www.youtube.com/watch?v=gmiuhGwwbgk
[09:49] {cosmo} fun
[09:49] {dino} lol
[09:49] {dino} damn missed ipgp
01[09:50] {@Threei} Long Setup: FB .40 break
01[09:50] {@Threei} If holds .30
01[09:51] {@Threei} imbecilic headlines are abundant today
01[09:51] {@Threei} OSCE worried that situation in Donbas may get out of control
01[09:51] {@Threei} 1:1
01[09:51] {@Threei} I mean, it was under control up to this point?
01[09:51] {@Threei} and now it may get out?
01[09:51] {@Threei} sigh
01[09:53] {@Threei} Ron... let's apply for headline-creator position. I will come up with sheer idiocy, you will make it sound snazzy with those tacky referneces... we are going to make a killing
01[09:53] {@Threei} 1:2
[09:53] {RonS} well, maybe...
01[09:53] {@Threei} 1:3
[09:54] {jfjf64} Ty
01[09:54] {@Threei} yw
01[09:55] {@Threei} France and Germany have warned that sanctions could be leveled if the Minsk accords to stabilize Ukraine are not respected.
01[09:55] {@Threei} wow really? last week they sanctioned 77-years old singer for being pro-Putin
01[09:56] {@Threei} this time they'll go afdter his grandma?
[09:56] {jfjf64} Gonna nail this slxp entry
[09:58] {dino} sidetracked
[09:58] {dino} ueic on watch
[09:58] {dino} true & fuel too
[10:01] {jfjf64} Higher slxp
[10:01] {jfjf64} Not yet
[10:03] {jfjf64} Uric here
[10:03] {jfjf64} Uric
[10:03] {jfjf64} Ueic
[10:04] {dino} added slxp calls
[10:05] {dino} no nemo yet?
[10:06] {dino} fb just about hit that 80 strike
[10:06] {jfjf64} Here s slxp
[10:06] {dino} short?
[10:06] {jfjf64} Yes
[10:06] {jfjf64} IMO
[10:06] {dino} battling ya
[10:07] {dino} sgnt spike
01[10:10] {@Threei} Long Setup: MCD .75 break
01[10:10] {@Threei} If holds .70
[10:13] {RonS} dammit ipgp...
01[10:13] {@Threei} 1:1
[10:15] {dino} ron, kicking myself on that miss too
[10:21] {dino} amot spike
[10:22] {jfjf64} Fb .10 s
01[10:23] {@Threei} 1:2
01[10:35] {@Threei} Separatists seize more ground, build forces for attack on Mariupol
01[10:35] {@Threei} why not, no one did anything about Debaltsevo
01[10:35] {@Threei} push as much as there is no pushback
01[10:36] {@Threei} Russian tanks and troops crossed the border and headed for Novoazovsk, some 40 kilometres from the strategic port of Mariupol and its 500,000 inhabitants.
01[10:42] {@Threei} 1:3
01[10:42] {@Threei} out
01[10:42] {@Threei} 3 1:3ers
01[10:42] {@Threei} can I go home?
[10:42] {jfjf64} No
[10:43] {jfjf64} 2more
[10:43] {jfjf64} Lol
01[10:43] {@Threei} meanie
01[10:46] {@Threei} Long Setup: FB .10 break
01[10:46] {@Threei} If holds 80
01[10:54] {@Threei} 1:1
[10:58] {jfjf64} Vxx?
01[10:59] {@Threei} nah
[11:00] {jfjf64} Ty
01[11:04] {@Threei} ROFL!
01[11:04] {@Threei} read this:
01[11:04] {@Threei} (EU) Greece Govt reportedly accidentally sent the wrong letter to the Eurogroup on Thursday which had led to Germany's rejection; Varoufakis called it an administrative error - Germany press - the 'real' letter which should have been sent went a step further to accepting conditions agreed to by the previous Govt
01[11:04] {@Threei} man...
[11:05] {jfjf64} Those Greeks
[11:05] {RonS} ye old flim flam...
[11:06] {RonS} was it delivered in a Trojan horse?
01[11:06] {@Threei} - will you marry me? No? oh, I mean to ask, will you go to the movies today?
01[11:06] {@Threei} they'd have to borrow a lot of money to build that horse today
01[11:07] {@Threei} I mean it was a really big horse
[11:07] {RonS} but this could be letter sized...
[11:08] {cosmo} miniturization?
[11:16] {jfjf64} .95 break fb
[11:16] {jfjf64} Long
01[11:16] {@Threei} me likey
[11:17] {RonS} cald scald
[11:22] {RonS} lol...twitter post has cover of kid's book "The Wrong Letter" with that greek dude's face pasted on it
01[11:23] {@Threei} lol
[11:23] {RonS} nemo's friend did it...figures...
[11:59] {dino} .
[12:01] {jfjf64} Anything on ya scanner Dino
[12:02] {dino} was in meeting, just got back, i will post as i see them
[12:05] {jfjf64} Vxx here .20 break
01[12:06] {@Threei} European and US equities have been volatile today as traders try to sort out the chances of a Greece deal today. In addition, there was a possible break in the West Coast port strike, which appears to have helped pull the S&P500 off its lows.
01[12:06] {@Threei} EUR/USD has made a round trip from 1.1360 to 1.1280 and back again on rapid-fire headlines ahead of the latest negotiating session. Finance ministers sounded cautiously optimistic heading into today's Eurogroup meeting, with Greece Finance Minister Varoufakis asserting that a deal would be reached today.
01[12:06] {@Threei} Note there were amusing reports in the German press that Greece's midweek offer was "sent in error" and that their real position would meet even more concessions demanded by the EU.
01[12:06] {@Threei} yeah, we noted... and were amused
01[12:07] {@Threei} In some quarters, there appears to be an emerging consensus that if Greece did exit the eurozone, the financial impact on the rest of Europe would be manageable. This consensus is reflected in German media reports. Today Der Spiegel reported that the ECB was making preparations for a Greek exit
[12:10] {dino} frgi odd
[12:23] {dino} frgi sm l .57
[12:23] {dino} hooker
[12:25] {dino} habt spike
[12:36] {RonS} GREEK OFFICIAL SAYS IT APPEARS EUROGROUP HAS REACHED AN ACCORD
[12:40] {RonS} "Everybody lies" House MD
01[12:40] {@Threei} hmmm
01[12:40] {@Threei} "may have"
01[12:40] {@Threei} well... didn't we predict that this ot that way but they will agree on something?
[12:41] {dino} frgi stop
[12:42] {RonS} frgi turns frigi... tacos got cold
[12:43] {dino} good report, guess i'm missing something
[12:44] {RonS} 80x current pe and 42x forward...up 905 since last June...wtf
[12:44] {RonS} 90%
[12:45] {dino} ron, you know for daytrading all that means nothing
[12:45] {RonS} not so...
[12:46] {RonS} sell the news like 'crap' does happen
[12:46] {dino} yes
[12:50] {RonS} GREEK GOVT SPOKESMAN SAYS NOT INFORMED OF ANY EUROGROUP DEAL
01[12:50] {@Threei} lol
[12:50] {dino} frgi rinsed, frig
[12:54] {dino} frigi moving w/o me
[13:09] {dino} frgi sm l .94
01[13:19] {@Threei} Long Setup: FB .70 break
01[13:19] {@Threei} If holds .60
[13:19] {dino} frgi just f'ing w/me
[13:20] {dino} out fb calls from tuesday, +1.05
[13:20] {jfjf64} Nice ob
[13:20] {jfjf64} Job
[13:20] {dino} ty
01[13:25] {@Threei} 1:1
01[13:29] {@Threei} European Union leaders are discussing possible further sanctions to penalise Russia over the crisis in Ukraine
01[13:29] {@Threei} I am telling you, they will sanction that singer's grandma. They are not kidding around anymore
[13:29] {RonS} idt spike on caboosa reports have struck a deal w/ Cuba on calling cards
[13:30] {RonS} caboosa = michele cabrusso-cabrera...
[13:30] {dino} nice body on her
[13:31] {RonS} lol...BREAKING joint statement by Eurogroup, Germans and Greeks: Don't ask us, we got no clue what's going on either.
01[13:31] {@Threei} lol
01[13:33] {@Threei} 1:2
01[13:41] {@Threei} 1:3
[13:41] {RonS} a beaut thanks 3i
01[13:41] {@Threei} :)
01[13:42] {@Threei} whole day like this
01[13:42] {@Threei} 4 1:3ers, 1 scalp
01[13:42] {@Threei} and jef is still not happy
01[13:42] {@Threei} jf
[13:43] {RonS} jf not even here...
[13:45] {dino} nice job 3i
01[13:45] {@Threei} ty
01[13:45] {@Threei} that's what I mean ron :)
01[13:45] {@Threei} let's collectively slap him when he is back
[13:48] {dino} he seems to be doing better
01[14:04] {@Threei} wow... new version of nigerian scam, quite creative
01[14:04] {@Threei} Dear friend,
01[14:04] {@Threei} You have been reported to be sick and hospitalized for about 3 weeks now by your representative Dr. S.K Maxey and your partner Mr. Marvin King of Canada, forwarding the below account for the transfer of your compensation awarded payment of $5.1M as instructed by you with Power of Attorney tendered to us today.
01[14:06] {@Threei} the rest shows account details, ask to verfiy them and choose mode of payment. Just go ahead and collect 5/1 M :)
01[14:06] {@Threei} at the end though it says:
01[14:06] {@Threei} Kindly re-confirm to me the followings:
01[14:06] {@Threei} 1, Your Full Name :
01[14:06] {@Threei} 2, Your Complete Address (P.O.BOX NOT ACCEPTED) 3, Direct Telephone Number :
01[14:06] {@Threei} 4, Mobile Number :
01[14:06] {@Threei} 5, Age/Occupation :
01[14:06] {@Threei} 6, Working Identity Card / International passport :
01[14:06] {@Threei} hehe
[14:13] {dino} i had a call yeterday from suppoded irs stating i was being awarded a $10k grant because i pay my taxes on time
01[14:14] {@Threei} wow
01[14:14] {@Threei} lol
[14:14] {dino} yeah, like irs will give bonus for paying taxes
[14:16] {dino} opps, missed this, out frgi .45, +.51
01[14:17] {@Threei} nice miss...
01[14:17] {@Threei} lol
[14:17] {dino} stepped away w/sell order in
[14:17] {dino} what to do w/grek and nbg
[14:18] {dino} calls from 2/12
01[14:20] {@Threei} my feel is, when they sign agreement you'll get a spike
01[14:20] {@Threei} likely to be short-lived, with sell into news later, but enough to book nice profits
[14:21] {dino} same thinking here, have stc gtc orders in on both
[14:26] {RonS} nutz, snow all weekend here and cold for a week
01[14:27] {@Threei} sheesh
01[14:27] {@Threei} how do you guys live in those climes
[14:37] {dino} not easy the last 3 years 3i, setting near record lows each of the last 3
[14:37] {dino} last year set new record for most consequtive days below 10 f
01[14:37] {@Threei} global warming in full bloom... a bit warmer and you will freeze your a$$ off
[14:37] {dino} seriously
[14:38] {dino} gotta hop for 45, back for the last half hour
01[14:41] {@Threei} 14:41 *AUSTRIA FIN SCHELLING: CONFIRMS REPORT REACHED AGREEMENT ON 4-MONTH GREECE EXTENSION
[14:48] {RonS} Tonight we'll be drinking ouzo and smashing plates!! Opa!!!
01[14:49] {@Threei} hehe
01[14:59] {@Threei} The White House said earlier this week that it is "crystal clear" that the separatists in eastern Ukraine and Russia are not living up to the latest cease-fire agreement and also warned of possible costs.
01[14:59] {@Threei} 762nd chinese warning
01[15:00] {@Threei} enough warnings and half-measures, turn off that SWIFT and be done with it
01[15:10] {@Threei} float up is the last direction it seems, waitng for pullback for entry
01[15:15] {@Threei} Long Setup: IWM .30 break
01[15:15] {@Threei} If holds .20
01[15:17] {@Threei} change to .25
01[15:18] {@Threei} If holds .15
[15:19] {dino} .
01[15:25] {@Threei} stop to .19
01[15:27] {@Threei} 1:1
01[15:35] {@Threei} 1:2
[15:36] {RonS} good enough for me thanks 3i...good weekend to all
01[15:38] {@Threei} :)
[15:43] {dino} out nbg call, +.30 / 43%
01[15:43] {@Threei} not bad
[15:44] {dino} :), for 8 day hold, not bad at all
01[15:45] {@Threei} (GR) Greece Fin Min Varoufakis: There were mutual compromises in negotiations with Eurogroup; Greece will continue with reforms - Greece will now avoid growth choking measures with this accord; have averted primary surplus target of 3%- Will achieve this year's primary surplus target- pensions will not be cut, and the VAT will not be raised- Germany Fin Min Schaeuble: Today's agreement is an important step
[15:45] {dino} pcyc spike
01[15:46] {@Threei} OK, closed last piece IWM
01[15:46] {@Threei} have a great weekend guys, see you monday
Session Time: Fri Feb 20 00:00:00 2015
[07:55] {Nesi} morning vad
01[08:41] {@Threei} morning nesi
[08:49] {dino} gm
01[08:49] {@Threei} dino :)
[08:52] {Nesi} hi dino
[08:53] {dino} :)
[09:23] {RonS} gm
01[09:24] {@Threei} ron :)
[09:25] {RonS} ndls soaked
01[09:26] {@Threei} lol
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -ANET +11% (parent co. said to be working on sale)
01[09:28] {@Threei} -ANN +7% (earnings)
01[09:28] {@Threei} -MIFI +6% (earnings)
01[09:28] {@Threei} -FRGI +5% (earnings; positive broker commentary)
01[09:28] {@Threei} -CYH +3.5% (earnings)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -IVAN -62% (filing a notice of intention to make a proposal under the Bankruptcy and Insolvency Act)
01[09:29] {@Threei} -CLRX -37% (priced $4.8M common stock and warrants)
01[09:29] {@Threei} -FUEL -28% (earnings)
01[09:29] {@Threei} -NDLS -27% (earnings)
01[09:29] {@Threei} -EQIX -3% (earnings)
01[09:33] {@Threei} Long Setup: VXX .45 break
[09:33] {dino} 3i, -11 f at 6:00 am here, never ends
01[09:33] {@Threei} yikes
01[09:34] {@Threei} one day you'll have to consider moving to better climes... :)
01[09:34] {@Threei} stop .39
01[09:35] {@Threei} half out
[09:35] {jfjf64} Mornin
01[09:35] {@Threei} 1:1
01[09:35] {@Threei} jf :)
[09:35] {jfjf64} What ya in
01[09:35] {@Threei} VXX
01[09:38] {@Threei} France, Germany want Ukraine ceasefire fully observed - Hollande
01[09:39] {@Threei} and I want Jennifer Lopez to serve my breakfast today
[09:39] {RonS} lol
[09:39] {RonS} denn cooking
01[09:39] {@Threei} our chances are about equal
01[09:40] {@Threei} 1:2
01[09:40] {@Threei} 1:3
01[09:40] {@Threei} something from Greece?
01[09:40] {@Threei} not on wires yet
01[09:43] {@Threei} hmmm
01[09:44] {@Threei} nothing... what was that drop about
01[09:44] {@Threei} anyway, not complaining about 1:3er to start the day
[09:44] {dino} ipgp drop
[09:45] {RonS} slxp jump on vrx purchase report
01[09:45] {@Threei} *(US) FEB PRELIMINARY MARKIT MANUFACTURING PMI: 54.3 V 53.6E
01[09:45] {@Threei} [SLXP] CNBC's Faber: Valeant near a deal for the company; deal could be announced in days; no details on price or composition of deal yet - deal likely north of $160 but not near $205/shr
01[09:46] {@Threei} dino, this is for you: https://www.youtube.com/watch?v=gmiuhGwwbgk
[09:49] {cosmo} fun
[09:49] {dino} lol
[09:49] {dino} damn missed ipgp
01[09:50] {@Threei} Long Setup: FB .40 break
01[09:50] {@Threei} If holds .30
01[09:51] {@Threei} imbecilic headlines are abundant today
01[09:51] {@Threei} OSCE worried that situation in Donbas may get out of control
01[09:51] {@Threei} 1:1
01[09:51] {@Threei} I mean, it was under control up to this point?
01[09:51] {@Threei} and now it may get out?
01[09:51] {@Threei} sigh
01[09:53] {@Threei} Ron... let's apply for headline-creator position. I will come up with sheer idiocy, you will make it sound snazzy with those tacky referneces... we are going to make a killing
01[09:53] {@Threei} 1:2
[09:53] {RonS} well, maybe...
01[09:53] {@Threei} 1:3
[09:54] {jfjf64} Ty
01[09:54] {@Threei} yw
01[09:55] {@Threei} France and Germany have warned that sanctions could be leveled if the Minsk accords to stabilize Ukraine are not respected.
01[09:55] {@Threei} wow really? last week they sanctioned 77-years old singer for being pro-Putin
01[09:56] {@Threei} this time they'll go afdter his grandma?
[09:56] {jfjf64} Gonna nail this slxp entry
[09:58] {dino} sidetracked
[09:58] {dino} ueic on watch
[09:58] {dino} true & fuel too
[10:01] {jfjf64} Higher slxp
[10:01] {jfjf64} Not yet
[10:03] {jfjf64} Uric here
[10:03] {jfjf64} Uric
[10:03] {jfjf64} Ueic
[10:04] {dino} added slxp calls
[10:05] {dino} no nemo yet?
[10:06] {dino} fb just about hit that 80 strike
[10:06] {jfjf64} Here s slxp
[10:06] {dino} short?
[10:06] {jfjf64} Yes
[10:06] {jfjf64} IMO
[10:06] {dino} battling ya
[10:07] {dino} sgnt spike
01[10:10] {@Threei} Long Setup: MCD .75 break
01[10:10] {@Threei} If holds .70
[10:13] {RonS} dammit ipgp...
01[10:13] {@Threei} 1:1
[10:15] {dino} ron, kicking myself on that miss too
[10:21] {dino} amot spike
[10:22] {jfjf64} Fb .10 s
01[10:23] {@Threei} 1:2
01[10:35] {@Threei} Separatists seize more ground, build forces for attack on Mariupol
01[10:35] {@Threei} why not, no one did anything about Debaltsevo
01[10:35] {@Threei} push as much as there is no pushback
01[10:36] {@Threei} Russian tanks and troops crossed the border and headed for Novoazovsk, some 40 kilometres from the strategic port of Mariupol and its 500,000 inhabitants.
01[10:42] {@Threei} 1:3
01[10:42] {@Threei} out
01[10:42] {@Threei} 3 1:3ers
01[10:42] {@Threei} can I go home?
[10:42] {jfjf64} No
[10:43] {jfjf64} 2more
[10:43] {jfjf64} Lol
01[10:43] {@Threei} meanie
01[10:46] {@Threei} Long Setup: FB .10 break
01[10:46] {@Threei} If holds 80
01[10:54] {@Threei} 1:1
[10:58] {jfjf64} Vxx?
01[10:59] {@Threei} nah
[11:00] {jfjf64} Ty
01[11:04] {@Threei} ROFL!
01[11:04] {@Threei} read this:
01[11:04] {@Threei} (EU) Greece Govt reportedly accidentally sent the wrong letter to the Eurogroup on Thursday which had led to Germany's rejection; Varoufakis called it an administrative error - Germany press - the 'real' letter which should have been sent went a step further to accepting conditions agreed to by the previous Govt
01[11:04] {@Threei} man...
[11:05] {jfjf64} Those Greeks
[11:05] {RonS} ye old flim flam...
[11:06] {RonS} was it delivered in a Trojan horse?
01[11:06] {@Threei} - will you marry me? No? oh, I mean to ask, will you go to the movies today?
01[11:06] {@Threei} they'd have to borrow a lot of money to build that horse today
01[11:07] {@Threei} I mean it was a really big horse
[11:07] {RonS} but this could be letter sized...
[11:08] {cosmo} miniturization?
[11:16] {jfjf64} .95 break fb
[11:16] {jfjf64} Long
01[11:16] {@Threei} me likey
[11:17] {RonS} cald scald
[11:22] {RonS} lol...twitter post has cover of kid's book "The Wrong Letter" with that greek dude's face pasted on it
01[11:23] {@Threei} lol
[11:23] {RonS} nemo's friend did it...figures...
[11:59] {dino} .
[12:01] {jfjf64} Anything on ya scanner Dino
[12:02] {dino} was in meeting, just got back, i will post as i see them
[12:05] {jfjf64} Vxx here .20 break
01[12:06] {@Threei} European and US equities have been volatile today as traders try to sort out the chances of a Greece deal today. In addition, there was a possible break in the West Coast port strike, which appears to have helped pull the S&P500 off its lows.
01[12:06] {@Threei} EUR/USD has made a round trip from 1.1360 to 1.1280 and back again on rapid-fire headlines ahead of the latest negotiating session. Finance ministers sounded cautiously optimistic heading into today's Eurogroup meeting, with Greece Finance Minister Varoufakis asserting that a deal would be reached today.
01[12:06] {@Threei} Note there were amusing reports in the German press that Greece's midweek offer was "sent in error" and that their real position would meet even more concessions demanded by the EU.
01[12:06] {@Threei} yeah, we noted... and were amused
01[12:07] {@Threei} In some quarters, there appears to be an emerging consensus that if Greece did exit the eurozone, the financial impact on the rest of Europe would be manageable. This consensus is reflected in German media reports. Today Der Spiegel reported that the ECB was making preparations for a Greek exit
[12:10] {dino} frgi odd
[12:23] {dino} frgi sm l .57
[12:23] {dino} hooker
[12:25] {dino} habt spike
[12:36] {RonS} GREEK OFFICIAL SAYS IT APPEARS EUROGROUP HAS REACHED AN ACCORD
[12:40] {RonS} "Everybody lies" House MD
01[12:40] {@Threei} hmmm
01[12:40] {@Threei} "may have"
01[12:40] {@Threei} well... didn't we predict that this ot that way but they will agree on something?
[12:41] {dino} frgi stop
[12:42] {RonS} frgi turns frigi... tacos got cold
[12:43] {dino} good report, guess i'm missing something
[12:44] {RonS} 80x current pe and 42x forward...up 905 since last June...wtf
[12:44] {RonS} 90%
[12:45] {dino} ron, you know for daytrading all that means nothing
[12:45] {RonS} not so...
[12:46] {RonS} sell the news like 'crap' does happen
[12:46] {dino} yes
[12:50] {RonS} GREEK GOVT SPOKESMAN SAYS NOT INFORMED OF ANY EUROGROUP DEAL
01[12:50] {@Threei} lol
[12:50] {dino} frgi rinsed, frig
[12:54] {dino} frigi moving w/o me
[13:09] {dino} frgi sm l .94
01[13:19] {@Threei} Long Setup: FB .70 break
01[13:19] {@Threei} If holds .60
[13:19] {dino} frgi just f'ing w/me
[13:20] {dino} out fb calls from tuesday, +1.05
[13:20] {jfjf64} Nice ob
[13:20] {jfjf64} Job
[13:20] {dino} ty
01[13:25] {@Threei} 1:1
01[13:29] {@Threei} European Union leaders are discussing possible further sanctions to penalise Russia over the crisis in Ukraine
01[13:29] {@Threei} I am telling you, they will sanction that singer's grandma. They are not kidding around anymore
[13:29] {RonS} idt spike on caboosa reports have struck a deal w/ Cuba on calling cards
[13:30] {RonS} caboosa = michele cabrusso-cabrera...
[13:30] {dino} nice body on her
[13:31] {RonS} lol...BREAKING joint statement by Eurogroup, Germans and Greeks: Don't ask us, we got no clue what's going on either.
01[13:31] {@Threei} lol
01[13:33] {@Threei} 1:2
01[13:41] {@Threei} 1:3
[13:41] {RonS} a beaut thanks 3i
01[13:41] {@Threei} :)
01[13:42] {@Threei} whole day like this
01[13:42] {@Threei} 4 1:3ers, 1 scalp
01[13:42] {@Threei} and jef is still not happy
01[13:42] {@Threei} jf
[13:43] {RonS} jf not even here...
[13:45] {dino} nice job 3i
01[13:45] {@Threei} ty
01[13:45] {@Threei} that's what I mean ron :)
01[13:45] {@Threei} let's collectively slap him when he is back
[13:48] {dino} he seems to be doing better
01[14:04] {@Threei} wow... new version of nigerian scam, quite creative
01[14:04] {@Threei} Dear friend,
01[14:04] {@Threei} You have been reported to be sick and hospitalized for about 3 weeks now by your representative Dr. S.K Maxey and your partner Mr. Marvin King of Canada, forwarding the below account for the transfer of your compensation awarded payment of $5.1M as instructed by you with Power of Attorney tendered to us today.
01[14:06] {@Threei} the rest shows account details, ask to verfiy them and choose mode of payment. Just go ahead and collect 5/1 M :)
01[14:06] {@Threei} at the end though it says:
01[14:06] {@Threei} Kindly re-confirm to me the followings:
01[14:06] {@Threei} 1, Your Full Name :
01[14:06] {@Threei} 2, Your Complete Address (P.O.BOX NOT ACCEPTED) 3, Direct Telephone Number :
01[14:06] {@Threei} 4, Mobile Number :
01[14:06] {@Threei} 5, Age/Occupation :
01[14:06] {@Threei} 6, Working Identity Card / International passport :
01[14:06] {@Threei} hehe
[14:13] {dino} i had a call yeterday from suppoded irs stating i was being awarded a $10k grant because i pay my taxes on time
01[14:14] {@Threei} wow
01[14:14] {@Threei} lol
[14:14] {dino} yeah, like irs will give bonus for paying taxes
[14:16] {dino} opps, missed this, out frgi .45, +.51
01[14:17] {@Threei} nice miss...
01[14:17] {@Threei} lol
[14:17] {dino} stepped away w/sell order in
[14:17] {dino} what to do w/grek and nbg
[14:18] {dino} calls from 2/12
01[14:20] {@Threei} my feel is, when they sign agreement you'll get a spike
01[14:20] {@Threei} likely to be short-lived, with sell into news later, but enough to book nice profits
[14:21] {dino} same thinking here, have stc gtc orders in on both
[14:26] {RonS} nutz, snow all weekend here and cold for a week
01[14:27] {@Threei} sheesh
01[14:27] {@Threei} how do you guys live in those climes
[14:37] {dino} not easy the last 3 years 3i, setting near record lows each of the last 3
[14:37] {dino} last year set new record for most consequtive days below 10 f
01[14:37] {@Threei} global warming in full bloom... a bit warmer and you will freeze your a$$ off
[14:37] {dino} seriously
[14:38] {dino} gotta hop for 45, back for the last half hour
01[14:41] {@Threei} 14:41 *AUSTRIA FIN SCHELLING: CONFIRMS REPORT REACHED AGREEMENT ON 4-MONTH GREECE EXTENSION
[14:48] {RonS} Tonight we'll be drinking ouzo and smashing plates!! Opa!!!
01[14:49] {@Threei} hehe
01[14:59] {@Threei} The White House said earlier this week that it is "crystal clear" that the separatists in eastern Ukraine and Russia are not living up to the latest cease-fire agreement and also warned of possible costs.
01[14:59] {@Threei} 762nd chinese warning
01[15:00] {@Threei} enough warnings and half-measures, turn off that SWIFT and be done with it
01[15:10] {@Threei} float up is the last direction it seems, waitng for pullback for entry
01[15:15] {@Threei} Long Setup: IWM .30 break
01[15:15] {@Threei} If holds .20
01[15:17] {@Threei} change to .25
01[15:18] {@Threei} If holds .15
[15:19] {dino} .
01[15:25] {@Threei} stop to .19
01[15:27] {@Threei} 1:1
01[15:35] {@Threei} 1:2
[15:36] {RonS} good enough for me thanks 3i...good weekend to all
01[15:38] {@Threei} :)
[15:43] {dino} out nbg call, +.30 / 43%
01[15:43] {@Threei} not bad
[15:44] {dino} :), for 8 day hold, not bad at all
01[15:45] {@Threei} (GR) Greece Fin Min Varoufakis: There were mutual compromises in negotiations with Eurogroup; Greece will continue with reforms - Greece will now avoid growth choking measures with this accord; have averted primary surplus target of 3%- Will achieve this year's primary surplus target- pensions will not be cut, and the VAT will not be raised- Germany Fin Min Schaeuble: Today's agreement is an important step
[15:45] {dino} pcyc spike
01[15:46] {@Threei} OK, closed last piece IWM
01[15:46] {@Threei} have a great weekend guys, see you monday
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