Market Week Wrap-up

TradeTheNews.com Weekly Market Update: ECB QE Stretches Markets
Fri, 13 Mar 2015 16:11 PM EST

The ECB officially kicked off its QE purchases on Monday, driving the euro toward parity with the dollar and inspiring wild action in European sovereign bond yields. US equities slipped lower as continental European indices headed higher, implying a continuing rotation into European stocks. The dollar index continued to test 12-year highs, and crude prices fell under the foot of the strong dollar (plus more worries about inventories). China published jumbled economic data, distorted by the Lunar New Year holiday: a record trade surplus was undercut by imports showing their worst decline in six years, while PPI continued to contract even as CPI was hotter than expected. With Europe easing and the US on the verge of rate lift off, the Bank of Korea was the latest of nearly two dozen central banks to add to policy accommodation in recent months, surprising the markets with its first rate cut in five months, setting policy at a record low of 1.75%. The German DAX and French CAC notched fresh record highs, while US stocks were volatile and gave up ground. For the week, the Nasdaq dropped 1.1%, the DJIA lost 0.6%, and the S&P500 fell 0.9%.

There were some big misses in US January and February sales data out this week. Jan wholesale trade sales contracted more than 3%, far more than expected, for the biggest drop since early 2009. Feb retail sales declined 0.6%, missing expectations for a slight gain, auto sales declined 2.5%, ex autos and gas sales fell by 0.2%. Broad-based declines were seen across all categories in the reports, lending credence to analysts blaming the brutal winter weather. PPI data continued to drag, with another negative reading that could be a cautionary counterpoint to the higher than expected core CPI reading in February. Meanwhile the January JOLTS job openings report - Fed Chair Yellen's favorite gauge of employment demand - were not far off the 14-year highs seen in January.

The ECB bought €9.8 billion of bonds with an average maturity of nine years in the first three days of its new QE program. Recall that the ECB said it would buy a total of €60 billion a month in government and private debt through to September 2016. EUR/USD dropped from 1.0850 on Monday to fresh 12-year lows below 1.0500 on Friday, inspiring tons of analyst commentary that dollar parity was inevitable in 2015. With the start of QE, yields on sovereign debt fell dramatically, with the German 10-year bund testing record lows around 0.187% even as German 2-year and 5-year yields sank deeper into negative territory. There was talk that the ECB bought 5-year German debt at negative rates, although keep in mind that the bank said it would only buy sovereign debt down to a -0.20% negative rate.

Crude prices slipped lower this week, giving up the gains seen over the course of February. WTI ticked back below $50 early on in the week and was around $45 as of Friday, while Brent dropped away from the $60 handle back into the mid-$50's. Overall dollar strength is making life difficult for the so-called recovery in oil prices even as the giant inventory builds seen over recent weeks moderate ever so slightly. The API inventory data showed the first drawdown in crude stocks seen in two months and the DoE inventory build was somewhat smaller than ones seen in recent weeks. Nevertheless, Genscape data suggest current inventories in Cushing, OK are within 3 million barrels of the record high, which occurred in April 2013 due to a lack of outbound pipeline capacity.

All 31 major banks passed the Fed's annual stress test, but the Fed took issue with some of the banks' capital plans. The Fed rejected capital plans of the US units of Deutsche Bank and Santander "on qualitative concerns." It was the second year in a row Santander's capital plans failed. Capital plans from Goldman, JPMorgan and Morgan Stanley only got a greenlight after the Fed forced the three to readjust their initial requests. Bank of America's CCAR plan was approved with the stipulation that it resubmit the plan by September to address certain weaknesses identified in the company's capital planning process. There were also reports this week that the Basel Committee was working on a plan to ask big global banks to boost capital levels in order to prepare for a possible interest rate spike. Reports suggest the committee will announce the proposal later in March.

Intel cut its first quarter guidance due to lower chip inventories at PC manufacturers and the slowing desktop PC upgrade cycle. Intel also cited macroeconomic and currency effects. The day after Intel's guidance cut, IDC cut its forecast for 2015 worldwide PC shipments to -4.9% from -3.3% prior, citing the ongoing shift to mobile devices and the strong dollar. But IDC also had bad news for tablets: the first y/y decline in worldwide tablet shipments was seen in the final quarter of 2014, and IDC lowered its five-year forecast for the category.

In deal news, Salix Pharmaceuticals has ignited a bidding war, as Endo Pharma sought to outdo the $158/share all cash offer Salix had already accepted from Valeant. Endo's unsolicited offer was nominally at $175/share, but its 75% stock component reduced the value as Endo's shares slipped on the announcement. Reports indicated that the Endo bid was enough to force Valeant to call in its major investors including Pershing Square to put together an improved bid that Salix will consider this weekend. Elsewhere, Alcoa reached an agreement to acquire RTI International Metals for $41/share in cash. Alcoa noted it expected to contribute $1.2 billion in revenues in 2019 and reach profitability of 25% EBITDA margin. After weeks of rumors, Simon Property formally bid $91/share cash and stock for Macerich, valuing the firm around $22.5 billion. In what may lead next week's M&A news, Whiting Petroleum, the largest producer in North Dakota's Bakken shale, has reportedly put itself up for sale and is attracting attention from Exxon and Hess, whose bids are due next week.

The Shanghai Composite traded within a whisker of its 6-year highs, rising to just shy of the key 3,400 level. A broad set of January-February economic data was decidedly mixed, though the general consensus appears to be on the side of continued policy easing by the PBoC to counter an apparent slowdown. On the plus side, February trade balance hit a record high surplus of $60B, accentuated by off-month Lunar New Year volatility in exports and imports. Feb CPI bounced off its 5-year lows of last month to reach 1.4%, topping consensus 1.0%, while M2 money supply hit a 4-month high of 12.5% - above expected 11% and the overall 2015 target of 12%. Alternatively, YTD Industrial Production, Retail Sales, and Fixed Asset Investment all hit multi-year lows, reminding investors that Q1 conditions on the mainland are quite weak and, as speculated by ANZ, could result in a sub-7% GDP.

Elsewhere in Asia-Pacific, the Bank of Korea surprised with a 25 basis point rate cut to a record low 1.75%. Two board members opposed the easing, though Governor Lee erred on the side of caution, citing lower than expected inflation, a persistent output gap, and external risks related to the China slowdown. The RBNZ policy announcement was notably more even-keeled, producing a 130pip spike in the Kiwi dollar. After January's surprise introduction of a potential easing, traders re-priced expectations based on RBNZ's view of recovering growth next year and continued property inflation. Australia's February unemployment rate ticked down from January's 12-year high and aggregate working hours rose, but the labor participation rate slowed to a 4-month low, prompting further calls that the job market will continue to struggle under the weight of a mining slowdown adjustment.

Mar 12 2015

Quite boring day, as many of these slow climb sessions tend to be. For the most part of the day market remained flatlined. Finished positive, but without any fireworks. Taking a short break for a few days, so next trading session is going to be on Wed, March 18.


Session Time: Thu Mar 12 00:00:00 2015
[09:03] {dino} gm
01[09:03] {@Threei}  dino :)
01[09:03] {@Threei}  you are off tomorrow, and back on Wed, right?
[09:05] {dino} yes
[09:06] {dino} that doesn't mean you guys are off, i expect you to work hard while i'm away. no slacking!
01[09:06] {@Threei}  nope, we fully intend to use it as an excuse to slack off
01[09:07] {@Threei}  konoby, look private message please
[09:08] {RonS} mu smacked off intc lowered sales guidance
[09:08] {RonS} gm btw
01[09:08] {@Threei}  ron :)
[09:09] {konoby} gm
01[09:11] {@Threei}  konoby :)
01[09:11] {@Threei}  double-click on my name to read the private message
[09:13] {konoby} trying
01[09:14] {@Threei}  new window should pop up when you do
[09:15] {konoby} its not
01[09:16] {@Threei}  see on top, where $discussions and #floor are, there should be one more with Threei on it
01[09:16] {@Threei}  left-click that
[09:17] {konoby} got it,just pm you back
[09:23] {dino} welcome konoby
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -JASO +7% (earnings)
01[09:24] {@Threei}  -LL +6% (company issues Q1 guidance)
01[09:24] {@Threei}  -ZOES +5.5% (earnings)
01[09:24] {@Threei}  -PQ +3.6% (elects not to proceed with public offering of common stock)
01[09:24] {@Threei}  -MS +3.4% (CCAR results)
01[09:24] {@Threei}  -AZN +3% (PhaseBio raises $40M Series C financing led by AZN)
01[09:24] {@Threei}  -UTX +2.2% (confirmed exploration of strategic alternatives for Sikorsky aircraft business)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -ACAD -21% (delayed NUPLAXIDTM NDA to 2H '15 and the CEO retired effective immediately)
01[09:25] {@Threei}  -BOX -17% (earnings)
01[09:25] {@Threei}  -KKD -8% (earnings)
01[09:25] {@Threei}  -SHAK -8% (earnings)
01[09:25] {@Threei}  -CYBR -7% (priced 4M shares at $51/shr)
01[09:25] {@Threei}  -INTC -4% (guided Q1 lower)
01[09:25] {@Threei}  -CUR -3.7% (Phase 2 trial of NSI-566 met primary endpoint)
01[09:25] {@Threei}  -XOMA -3.2% (earnings)
01[09:25] {@Threei}  -MSFT -2.3% (sympathy move from INTC comments on demand for desktop PC weakness)
01[09:25] {@Threei}  -HPQ -1.7% (negative broker commentary; INTC comments on PC demand)
01[09:30] {@Threei} Long Setup:  FB  78 break
01[09:30] {@Threei}  If holds  .90
01[09:31] {@Threei}  1:1
01[09:31] {@Threei}  tough for execution though
01[09:31] {@Threei}  1:2
01[09:32] {@Threei}  1:3
01[09:32] {@Threei}  out
01[09:32] {@Threei}  got only 600
01[09:32] {@Threei} Long Setup:  VXX  .70 break
01[09:32] {@Threei}  If holds  .60
01[09:34] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  VXX  .60 break
01[09:35] {@Threei}  If holds  .50
01[09:36] {@Threei}  nope
01[09:42] {@Threei} Short Setup: MCD  .55 break
01[09:42] {@Threei}  If holds  .60
01[09:43] {@Threei}  Invalidated
01[09:45] {@Threei} Short Setup: TWTR  .15 break
01[09:45] {@Threei}  If holds  .25
[09:47] {dino} acad sm l .60
01[09:47] {@Threei}  1:1
[09:47] {dino} stopped -.30
01[09:48] {@Threei}  1:2
01[09:51] {@Threei} Short Setup: FB  .60 break
01[09:51] {@Threei}  If holds  .70
01[09:52] {@Threei}  nice bid to break
01[09:54] {@Threei}  no go
01[09:56] {@Threei} Short Setup: JPM  .25 break
01[09:57] {@Threei}  If holds  .35
01[09:57] {@Threei}  Invalidated
01[10:00] {@Threei}  *(US) JAN BUSINESS INVENTORIES: 0.0% V 0.1%E
01[10:01] {@Threei} Short Setup: JPM  .30 break
01[10:01] {@Threei}  If holds  .40
01[10:01] {@Threei}  FB rinsed
[10:08] {dino} acad sm l .71
01[10:09] {@Threei}  no go
[10:10] {dino} acad stopped again, tricky
01[10:18] {@Threei} Long Setup:  VXX  .45 break
01[10:18] {@Threei}  If holds  .35
01[10:30] {@Threei}  (PL) Poland National Security Bureau's Koziej: Poland is already a target of coordinated Russian information war; to organize nationwide military drills in the second half of 2015
01[10:31] {@Threei}  [LL] CEO: we remain confident in the safety of our products - conf call Call volume to customer centers rose after the 60 Minutes broadcast but is now starting to normalize. To reassure our customers, we have implemented an air quality testing program at no cost to the customer. The testing is done by an independent third-party lab for an initial screening.
01[10:32] {@Threei}  no go VXX
01[10:32] {@Threei}  not liking today very much
01[10:32] {@Threei}  trading jabs
01[10:35] {@Threei}  LL explosion
01[10:35] {@Threei}  followed by implosion
01[10:35] {@Threei}  someone was slow to read news?
[11:05] {dino} wynn drop
[11:06] {RonS} day 5 or 6?
[11:14] {dino} ?
01[11:15] {@Threei}  float up again
01[11:15] {@Threei}  watching IWM for pullback entry
01[11:20] {@Threei}  wow
01[11:20] {@Threei}  Mexican authorities say a 35-year-old Canadian woman died from injuries suffered when a surfacing gray whale crashed onto a tourist boat.
01[11:21] {@Threei}  seeing those things up close, I wonder how anyone survived in that boat
[11:21] {RonS} ..."but the picture she shot was amazing..."
01[11:21] {@Threei}  lol
01[11:24] {@Threei}  US equities have broken two days of losses and are making good gains in the first half of the trading day
01[11:24] {@Threei}  February retail sales declined 0.6%, missing expectations for a slight gain, with broad-based declines blamed on the coldest February in nearly 20 years. Auto sales declined 2.5%, ex autos and gas sales fell by 0.2%, electronics sales were down 1.2%, building materials sales fell 2.3%, and department store sales fell 1.4%. The initial weekly claims numbers fell to a three-week low.
01[11:24] {@Threei}  The euro crept below 1.0500 to the dollar during the Asia session for fresh 12-year lows while the dollar index briefly tested the 100 level for the first time since 2003.
01[11:25] {@Threei}  All major banks passed the Fed's CCAR capital review, although the Fed also did not approve two out of the 31 capital plans submitted. The Fed rejected capital plans of the US units of Deutsche Bank and Santander "on qualitative concerns."
01[11:26] {@Threei}  Intel cut its first quarter guidance thanks to lower chip inventories at PC manufacturers and the slowing desktop PC upgrade cycle. Intel also cited macroeconomic and currency effects. A broad swath of names were down 3% or more on the news; HPQ and STX both regained losses, while AMD and INTC were both still off 3% as of writing. Note also that there is speculation Intel may supply the LTE wireless modem chip for the iPhone in 2016, replacing a Qualcomm chip.
[11:32] {RonS} hotr busting a move
[11:46] {RonS} tough crowd...hotr is Hooters...
01[11:46] {@Threei}  lol
01[11:54] {@Threei} Long Setup:  IWM  .30 break
01[11:54] {@Threei}  If holds  .25
01[11:54] {@Threei}  very tight stop, lunch time
01[11:55] {@Threei}  meh
[11:57] {dino} acad sm l .14
01[12:03] {@Threei} Short Setup: FB  .70 break
01[12:03] {@Threei}  If holds  .80
01[12:08] {@Threei}  1:1
01[12:15] {@Threei}  Russia's relations with many Western nations, including the United States, may be at their worst levels since the Cold War, but its relationship with North Korea is blooming fast
01[12:15] {@Threei}  pssst... make sure you invite Zimbabwe to that union
[12:19] {dino} acad stop -.32
01[12:38] {@Threei}  LL Kase Capital (Tilson, short the name) calls comments made today by the company a continuation of their tactics of distraction and deception
01[13:12] {@Threei} Long Setup:  IWM  .45 break
01[13:12] {@Threei}  If holds  .35
01[13:19] {@Threei}  1:1
01[13:26] {@Threei}  market is glued to flat line
02[13:36] * Disconnected
Session Close: Thu Mar 12 13:36:02 2015

Session Start: Thu Mar 12 13:36:02 2015
Session Ident: #discussions
02[13:38] * Attempting to rejoin channel #discussions
03[13:38] * Rejoined channel #discussions
01[13:38] {Threei}  Lost internet
01[13:39] {Threei}  all of it
[13:39] {RonS} wow
01[13:39] {Threei}  but worry not... found it again
01[13:39] {Threei}  and I have spare one somewhere in the closet
01[13:49] {Threei}  Radio Liberty: The Internet thinks Putin is dead
01[13:49] {Threei}  I say Internet is overly optimistic
01[13:50] {Threei}  Russian President Vladimir Putin has not been seen in public since March 5.
01[13:50] {Threei}  And with little further information to go by -- his press secretary, Dmitry Peskov, said simply that there is "no reason to worry" and "everything is fine" -- some have naturally assumed the most drastic possible thing that could have happened is what did happen.
01[13:52] {Threei} Long Setup:  IWM  .60 break
01[13:52] {Threei}  If holds  .50
01[13:53] {Threei} Long Setup:  FB  .70 break
01[13:53] {Threei}  If holds  .60
01[13:54] {Threei}  Twitter is merciless:
01[13:54] {Threei}  -Putin can't die.
01[13:54] {Threei}  -Why?
01[13:54] {Threei}  -It's not profitable.
01[13:56] {Threei}  FB is aggressive for all-out .80 break
01[13:58] {Threei}  SPY 3 cents from day high
01[13:58] {Threei}  ugh... stop this pullback nonsense, just break it
01[13:59] {Threei}  (US) Preview: Jan Monthly Budget Statement due out at 14:00ET (18:00 GMT)- Consensus expectations: -$191.0Be v -$193.5B prior
01[13:59] {Threei}  *(US) FEB MONTHLY BUDGET STATEMENT: -$192.3B V -$191.0BE
01[14:00] {Threei}  1:1  FB
01[14:15] {Threei}  JUST NOW: The minimum wage in BC will increase to $10.45 in September, up from $10.25.
01[14:15] {Threei}  yay...
01[14:16] {Threei}  wait... no one pays me
01[14:26] {Threei}  1:1  IWM
[14:30] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
01[14:30] {Threei}  amazingly boring day
01[14:30] {Threei}  every trade is like pulling teeth
01[14:31] {Threei}  I like those down days much more... this slow grind-up is painfully, well, slow
[14:34] {dino} same here 3i, my best days are big gap downs
[14:39] {dino} nemo would have told me at open to go back to bed
01[14:41] {Threei}  to be fair, he tells it to everyone, and then lets males out
01[15:00] {Threei}  FB really goes now
01[15:08] {Threei} Long Setup:  VXX  .80 break
01[15:08] {Threei}  If holds  .75
01[15:10] {Threei}  Invalidated
01[15:10] {Threei}  for now
01[15:19] {Threei} Long Setup:  VXX  .75 break
01[15:19] {Threei}  If holds  .65
01[15:26] {Threei}  Invalidated
01[15:28] {Threei}  there has to be some pullback here
01[15:33] {Threei} Long Setup:  FB  .90 break
01[15:34] {Threei}  If holds  .80
01[15:39] {Threei}  let's go FB, give us last trade of the day
01[15:39] {Threei}  and make it a good one
01[15:44] {Threei}  1:1
[15:45] {RonS} good enough for me...so...taking tomorrow and monday off still?
01[15:46] {Threei}  and tues, as dino is back on wexd
01[15:46] {Threei}  wed
01[15:46] {Threei}  little vacation
[15:47] {RonS} ok...have fun dino and be safe
01[15:47] {Threei}  so... enjoy a few days off, and see you on Wed
01[15:47] {Threei}  dino, you have fun and safe trip
01[15:47] {Threei}  and get some suntan, this pasty look is unbecoming
06[15:48] * Threei kicks FB in the rear
[15:49] {dino} lol and thanks. see you on wednesday
01[15:49] {Threei}  :)
01[15:49] {Threei}  konoby, got any questions before we take a break till Wed?
01[15:56] {Threei}  OK, closing FB
01[15:56] {Threei}  slighly positive and horribly boring day
01[15:56] {Threei}  see you Wed!
[15:59] {dino} gn all

Mar 11 2015

Very nice morning, nice closing, and a whole lot of invalidated trades inbetween, as market flopped around with no pattern. Decent day all in all.

Session Time: Wed Mar 11 00:00:00 2015
[09:13] {dino} gm
01[09:13] {@Threei}  dino :)
[09:17] {RonS} hi guys
01[09:17] {@Threei}  ron :)
01[09:18] {@Threei}  dollar will never stop
01[09:23] {@Threei}  Upside:
01[09:23] {@Threei}  -MELA +66% (disclosed the AMA's CPT panel accepted additional codes applying to MelaFind system)
01[09:23] {@Threei}  -GSAT +12% (successfully completes TLPS demonstration at the FCC)
01[09:23] {@Threei}  -GCA +8% (earnings)
01[09:23] {@Threei}  -ONVO +4% (clarifies launch of exVive3D has gone as expected)
01[09:23] {@Threei}  -SNDK +3% (positive broker commentary)
01[09:23] {@Threei}  -TSEM +2.5% (accelerating conversion of Series F convertible notes)
01[09:23] {@Threei}  -PAY +2% (earnings)
01[09:23] {@Threei}  Downside:
01[09:23] {@Threei}  -HABT -7% (earnings)
01[09:23] {@Threei}  -WB -6% (earnings)
01[09:23] {@Threei}  -SXL -5.2% (hearing 13.5M secondary priced at $41.76/shr)
01[09:23] {@Threei}  -ZGNX -3.6% (earnings)
01[09:23] {@Threei}  -MA -2% (sells 12.8M shares in secondary offering)
01[09:32] {@Threei} Long Setup:  FB  .60 break
01[09:32] {@Threei}  If holds  .50
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
[09:34] {RonS} good one out .85 ty
01[09:34] {@Threei}  :)
01[09:43] {@Threei} Long Setup:  MCD  .60 break
01[09:43] {@Threei}  If holds  .50
01[09:44] {@Threei}  1:1
01[09:49] {@Threei} Long Setup:  MCD  .40 break
01[09:49] {@Threei}  If holds  .30
01[09:50] {@Threei}  to .34
01[09:51] {@Threei}  ,eh
01[09:51] {@Threei}  m
01[09:56] {@Threei} Long Setup:  IWM  .50 break
01[09:56] {@Threei}  If holds  .40
[09:57] {dino} safm sm l .12
[09:57] {dino} casy sm l ave .83
[09:59] {RonS} Suspected bird flu in Arkansas poultry threatens exports
01[09:59] {@Threei}  1:1
[10:01] {dino} ty ron, saw that
[10:02] {RonS} np
01[10:08] {@Threei} Long Setup:  FB  .30 break
01[10:08] {@Threei}  If holds  .20
[10:14] {dino} tight range
01[10:18] {@Threei} Long Setup:  FB  78 break
01[10:18] {@Threei}  If holds  .90
[10:21] {dino} juno drop
01[10:21] {@Threei}  change to .90
01[10:21] {@Threei}  If holds  .80
01[10:22] {@Threei}  if loses .80, not interested until frops to .60
01[10:22] {@Threei}  d
01[10:25] {@Threei}  1:1
01[10:26] {@Threei}  1:2
[10:27] {dino} bidu blood
01[10:29] {@Threei}  Merkel declines Putin's invite for World War Two commemoration in Moscow
01[10:29] {@Threei}  wow... that's serious rift
01[10:30] {@Threei}  70 years anniversary
[10:30] {dino} good
01[10:30] {@Threei}  yup... open slap in the face
01[10:31] {@Threei}  and from Germany who was their major ally in Europe for many years
[10:31] {cosmo} but they were on different sides then...right?
[10:31] {cosmo} WWII
01[10:32] {@Threei}  I am talking about Putin times
01[10:32] {@Threei}  in WW2, yes, lol
[10:32] {cosmo} yea... i was thinking 'tradition'
01[10:33] {@Threei}  but today's Germany doesn't take position "we were enemies" - rather it's "we were under insane ruler and are deeply ashamed"
01[10:33] {@Threei}  (GR) Greece said to face opposiiton at ECB on further ELA funding increases
01[10:34] {@Threei}  Russia says has right to deploy nuclear weapons in Crimea
[10:38] {dino} while obummer pulled them out
[10:39] {cosmo} ..of where?  
[10:39] {cosmo} Turkey?
[10:43] {dino} just saying he was caught on tape telling putin he would work on missle withdrawals after elections
[10:43] {cosmo} hmm
[10:44] {cosmo} he talks like that sometimes...
[10:48] {RonS} sm l tsn 38.07
01[10:51] {@Threei} Long Setup:  IWM  .10 break
01[10:51] {@Threei}  If holds  120
[10:53] {RonS} tsn stop +.02  serious distribution going on w/ the news tsn says no bird flu in their flocks
01[10:53] {@Threei}  1:1
[11:04] {RonS} sm l hfc 38.22
01[11:09] {@Threei}  1:2
01[11:09] {@Threei}  forgot to post, lol
[11:10] {RonS} hfc to .52
[11:15] {RonS} hfc stopped on trail .62 +.40
01[11:15] {@Threei} Long Setup:  FB  78 break
01[11:15] {@Threei}  If holds  .90
[11:16] {RonS} wow trn
[11:17] {RonS} TRN cleared of cover-up
[11:17] {RonS} never knew they were covered...
01[11:20] {@Threei}  lol
01[11:21] {@Threei}  ok... am I crazy or half of internet... everyone admires this guy and think he is so awesome... to me, he is in last stage of senile marasmic: https://scontent-sea.xx.fbcdn.net/hphotos-xpf1/v/t1.0-9/11010982_1200949696601148_1074481324815870218_n.jpg?oh=202fc6da3e39d6a342341ba1e6c9cfe0&oe=55766FA9
01[11:23] {@Threei}  change FB to .90 break if holds .80
01[11:24] {@Threei}  Invalidated
01[11:29] {@Threei}  should have changed to .80
[11:30] {dino} out vxx calls from last week, +.40/14%
[11:32] {RonS} gj...but thinking too early...big bets came on yesterday that vix goes to 20
[11:32] {dino} maybe so, but in jamaica fri-tues, and qe europe starts monday.
[11:33] {RonS} yep
[11:33] {dino} but who knows, i figured book the gain
[11:36] {RonS} should change name to danno then? so we could say "book 'em danno"
[11:36] {dino} roflol
01[11:36] {@Threei}  lol
01[11:37] {@Threei}  fri-tues? that brief?
01[11:38] {@Threei}  ron, want to take a double-long weekend too while dino is getting his well-deserved suntan? :)
[11:38] {RonS} ya, one toke on the reefers they have down there and you will be asleep that long...
[11:38] {dino} yeah, unfortunately. my wife could only get 3 personal days off
[11:39] {dino} turning 50 down there
[11:39] {RonS} 3i, sounds good to me...
01[11:39] {@Threei}  cool... dino won't be jealous that we make all the money without him
[11:40] {dino} have at it
[11:40] {dino} would expect nothing less
01[11:44] {@Threei}  grrr... FB got away
01[11:47] {@Threei} Short Setup: TWTR  .30 break
01[11:47] {@Threei}  If holds  .40
01[11:52] {@Threei}  change to .40 break
01[11:52] {@Threei}  If holds  .45
01[11:53] {@Threei}  (UK) UK parliament approve laws banning branding on cigarette packs
01[11:54] {@Threei}  wow, really? Just "cigarettes"?
01[11:55] {@Threei}  "what are you smoking, mallboro or camel?" - "dunno, it says cigarettes"
[11:56] {RonS} cigs themselves will be branded...
[11:56] {RonS} ...and the cartons
01[11:56] {@Threei}  speaking of... 6 years this month since I quit
[11:58] {dino} wt5g
[11:58] {dino} wtg
01[11:58] {@Threei}  ty
01[11:58] {@Threei}  The euro has slipped futher this morning, with EUR/USD dropping to 1.0560 earlier, a fresh 12-year low. The euro has lost nearly 10% of its value versus the dollar since the ECB announced in January that it would undertake QE. EUR/GBP dropped through the key psychological level of 1.5000. With dollar parity only a matter of time, ECB's Nowotny said he was nervous there may be too much success with QE.
01[11:59] {@Threei}  Dollar strength is only making life harder for oil, even as inventory builds take a breather. WTI crude dipped below $47.50 in the wake of the DOE weekly inventory report mid-morning before rising back toward $48. The front month Brent contract was as low as $56.00 earlier today, bounced higher then dipped back toward $56.
01[12:00] {@Threei}  The fallout from the oil collapse is claiming yet another victim. Whiting Petroleum, the largest producer in North Dakota's Bakken shale, has reportedly put itself up for sale. This is only the first of what many analysts expect to be a wave of sector consolidation. Many suggest the likeliest takeover candidates include Continental, Apache, Devon Energy and Anadarko Petroleum.
01[12:05] {@Threei}  1:1
[12:15] {RonS} USDA announce that the earlier reports of a H5N2 strain of bird flu in Arkansas are true
[12:16] {RonS} fema sending kleenex?
01[12:19] {@Threei}  lol
01[12:20] {@Threei}  [BBRY] Ticking higher on renewed vague reports that Samsung remains interested in acquiring the company
[12:32] {RonS} CSU's Michelbach says Germany to defend itself if Greece confiscates assets -- Handelsblatt
01[12:38] {@Threei}  defend...
01[12:39] {@Threei}  words are wonderful thing eh?
[13:08] {RonS} slxp gone pulp over endo bid...affecting vrx too
01[13:08] {@Threei}  SLXP CNBC's Faber: Offer was recently provided to SLXP, and would be a combination of cash and stock; ENDP has committed financing from two banks
[13:08] {RonS} endp symbol
[13:10] {RonS}  CNBC's Faber says Endo (ENDP) has offered $165/shr for Salix Pharmaceuticals (SLXP) (sq)
[13:17] {dino} out casy .73, +.85
01[13:20] {@Threei}  wtg
[13:29] {dino} ty
01[13:31] {@Threei}  EUR/USD Sets fresh session lows at 1.0553
[13:42] {RonS} eur new lod
[13:44] {RonS} endp halt
[13:45] {RonS} slxp halt
01[13:45] {@Threei}  yeah, news pending
01[13:55] {@Threei} Long Setup:  VXX  .20 break
01[14:05] {@Threei}  nope
01[14:14] {@Threei} Short Setup: FB  .75 break
01[14:14] {@Threei}  If holds  .85
01[14:16] {@Threei}  Invalidated
[14:18] {RonS} anip spike
01[14:27] {@Threei} Long Setup:  FB  .90 break
01[14:27] {@Threei}  If holds  .80
01[14:43] {@Threei}  mess... everything invalidates
[14:45] {RonS} hyh spike
[14:53] {dino} smr s .62
01[14:58] {@Threei}  .90 breask again, FB
01[14:58] {@Threei}  nice C&H shapes up
01[14:58] {@Threei}  if holds .80 of course
01[15:06] {@Threei}  come on already, break
01[15:06] {@Threei}  while dino is not 50
[15:07] {dino} hyh bs to be
01[15:09] {@Threei}  sigh... invalidated again
01[15:09] {@Threei}  anniying
01[15:09] {@Threei}  o
[15:10] {RonS} NSR ++ major cover up job by FCC  ------ Neustar claims FCC acted illegally in review of lucrative phone database contract & then tried to cover it up: POLITICO (source)
01[15:16] {@Threei}  they would never
01[15:16] {@Threei}  right?
01[15:20] {@Threei} Long Setup:  VXX  .22 break
01[15:20] {@Threei}  If holds  .13
01[15:24] {@Threei}  12,000 people leave Donbas since late January
01[15:24] {@Threei}  these are the slow ones
[15:28] {RonS} $TSN buyer on weakness, 4910 Mar15 $37 C  $1.15
01[15:28] {@Threei}  half out
01[15:28] {@Threei}  1:1
01[15:29] {@Threei}  got this one right :)
[15:30] {RonS} yep
01[15:31] {@Threei}  1:2
[15:38] {dino} gj
01[15:39] {@Threei}  ty
01[15:41] {@Threei}  Russian blogosphere is full of speculations about President Putin's state of health. His visit to Kazakhstan was canceled today with reference to temporary sickness, and online community realized that Putin hasn't been seen since March 6
01[15:41] {@Threei}  hmmm... can we be that lucky?
[15:42] {dino} no
01[15:46] {@Threei}  decent day, no more pushing
01[15:46] {@Threei}  have a great evening guys, see you tomorrow

Mar 10 2015

Positive day, slow for the most part. Mostly made by just couple nice trades, the rest was trading jabs.

Session Time: Tue Mar 10 00:00:00 2015
[09:22] {dino} gm
01[09:22] {@Threei}  dino :)
[09:22] {RonS} ditto
01[09:22] {@Threei}  ron :)
01[09:33] {@Threei} Long Setup:  IWM  .50 break
01[09:33] {@Threei}  If holds  .40
01[09:33] {@Threei}  change to .40 break
01[09:33] {@Threei}  If holds  .30
01[09:35] {@Threei}  1:1
01[09:37] {@Threei} Long Setup:  FB  .90 break
01[09:37] {@Threei}  If holds  .80
01[09:38] {@Threei}  1:1
01[09:38] {@Threei}  1:2
01[09:38] {@Threei}  1:3
01[09:41] {@Threei}  Upside:
01[09:41] {@Threei}  -RESN +7% (announced engaged a second customer)
01[09:41] {@Threei}  -URBN +6.6% (earnings)
01[09:41] {@Threei}  -QIHU +3% (earnings)
01[09:41] {@Threei}  Downside:
01[09:41] {@Threei}  -ADHD -19% (MDX met primary endpoint in Phase 2 safety & tolerability study)
01[09:41] {@Threei}  -TITN -15% (guided Q4 down)
01[09:41] {@Threei}  -CLMT -8% (priced 6M unit secondary at $26.75/shr)
01[09:41] {@Threei}  -UNFI -8% (earnings)
01[09:41] {@Threei}  -AKRX -7% (reaffirms FY15 EPS, Rev; negative broker commentary)
01[09:41] {@Threei}  -CPE -6.8% (priced 9M shares for gross proceeds of $59M)
01[09:41] {@Threei}  -ROSE -6% (hearing 12M secondary priced at $17.20/shr)
01[09:41] {@Threei}  -XON -5% (earnings)
01[09:41] {@Threei}  -RMGN -5% (no news)
01[09:44] {@Threei} Long Setup:  FB  .90 break
01[09:44] {@Threei}  deja vu
01[09:44] {@Threei}  Invalidated
01[09:54] {@Threei} Long Setup:  FB  .50 break
01[09:54] {@Threei}  If holds  .40
01[09:56] {@Threei}  1:1
[10:06] {RonS} silly mallard pair waddling up and down the cement sidewalk on the greenbelt next to my house...too cute
01[10:07] {@Threei}  lol
01[10:09] {@Threei} Long Setup:  IWM  .20 break
01[10:09] {@Threei}  If holds  .10
01[10:11] {@Threei}  Invalidated
01[10:12] {@Threei} Long Setup:  IWM  .10 break
01[10:12] {@Threei}  If holds  120
01[10:13] {@Threei}  Invalidated
01[10:15] {@Threei}  wow... market can't hold it together at all today
[10:20] {RonS} dino, missed casy early but they had an earnings beat w/ a rev miss which was gas... they sold more of the other crap...sheesh
01[10:25] {@Threei} Long Setup:  FB  .10 break
01[10:25] {@Threei}  If holds  78
[10:27] {dino} on it
01[10:32] {@Threei}  IWM is valid again
01[10:33] {@Threei}  .20 break long
01[10:33] {@Threei}  very nice resistance to take, might be on and off a few times
01[10:34] {@Threei}  (UR) US DoD Official: US is still actively looking at ways to possibly provide Ukraine with weapons
01[10:34] {@Threei}  get a president with balls?
[10:34] {dino} really, how hard is it
01[10:37] {@Threei} Long Setup:  VXX  .75 break
01[10:37] {@Threei}  If holds  .65
01[10:40] {@Threei}  no go
01[10:44] {@Threei}  Poll: Russians believe relations with Ukraine to improve in several years
01[10:44] {@Threei}  You might want to stop shooting at them for that to start happening
[10:48] {dino} casy sm l .00 giving it some room
[10:50] {dino} 07 green
[10:54] {dino} added wday calls
01[10:55] {@Threei}  frikin IWM got away
01[10:55] {@Threei}  that same .20 break
[10:56] {dino} out casy 85.24, +2.24
[10:56] {RonS} wtg
[10:56] {dino} ty
01[10:56] {@Threei}  nice one
[10:56] {dino} things probably going green
[10:57] {RonS} well, maybe 88
[11:11] {dino} damn, continues up
[11:13] {RonS} less low margin gas, more high margin slim jims = 35% earnings beat
[11:14] {RonS} will leave to you dino to explain to 3i what the hell a slim jim is...
[11:15] {RonS} lol...http://www.slimjim.com/products/?utm_source=Bing&utm_medium=cpc&utm_content=Branded&utm_term=slim%2520jim&utm_campaign=Branded_Search_Branded_Exact
01[11:16] {@Threei}  hmmm
01[11:16] {@Threei}  that helps
[11:16] {dino} lol, meat (in a sense), more like parts
01[11:16] {@Threei}  yeah, googled it :)
[11:17] {RonS} big NASCAR sponsor
[11:18] {RonS} NASCAR generates the most loyal customer fan base on earth...statistical fact
01[11:20] {@Threei} Long Setup:  FB  .40 breakj
01[11:20] {@Threei}  If holds  .30
01[11:40] {@Threei}  Dollar strength is a major theme this week, and today EUR/USD is testing 12-year lows around 1.0750 while USD/JPY hit an eight-year high above 122. The dollar index is above 98 and looking ready to pop right over 100.
01[11:41] {@Threei}  Crude briefly tested below $49.50 while European equities were down sharply on FX concerns. Sovereign yields in Germany, France, Italy and Spain fell to record lows, while the US 10-year yield fell five basis points to 2.142%.
01[11:55] {@Threei} Long Setup:  VXX  .70 break
01[11:55] {@Threei}  If holds  .60
01[12:00] {@Threei}  1:1
01[12:02] {@Threei}  1:2
[12:03] {RonS} good one
01[12:03] {@Threei}  ty
01[12:30] {@Threei} Long Setup:  VXX  .70 break
01[12:30] {@Threei}  If holds  .65
01[12:33] {@Threei}  1:1
[12:35] {RonS} acad squeeze
[12:43] {dino} wow
01[12:50] {@Threei}  (SA) Saudi Arabia King Salman: oil and gas exploration will continue even with decline in oil prices
01[12:54] {@Threei} Short Setup: USO  .85 break
01[12:54] {@Threei}  If holds  .90
[12:57] {RonS} stepped out...meantime casy 83.10 to 87.88 +4.78
[12:58] {dino} wtg
[12:59] {RonS} hit the 88 bingo but have habit of missing target by 12 cents...
[13:07] {RonS} Deutsche Bank says the euro is going to $0.85
01[13:08] {@Threei}  0 is more like it
[13:10] {RonS} DEUTSCHE BANK: The S&P could fall 9%
01[13:35] {@Threei}  OK... I give up
01[13:36] {@Threei}  why 9?
01[13:36] {@Threei}  why not 8 or 10?
[13:39] {RonS} Hearing ACAD canceled out of conference (unconfirmed)
01[13:39] {@Threei}  ACAD Hearing strength attributed to reports it cancelled from an upcoming conference appearance
[13:40] {RonS} confirmed
[13:45] {RonS} casy still swinging...
01[14:12] {@Threei}  -Sales of petroleum and petroleum products were down 13.5% from December
01[14:12] {@Threei}  even at these prices
01[14:12] {@Threei}  case for even lower ones is made, isn't it
[14:15] {dino} y
01[14:20] {@Threei}  Britain may broadcast the financial secrets of Russia's ruling elite as part of the information war against the Putin regime, the Foreign Secretary has indicated. Philip Hammond said he was interested by the idea of publicising the wealth of the Russian president’s inner circle in order to embarrass them in front of their people
[14:21] {RonS} how will they hear it?
[14:21] {RonS} zoes roughed up
01[14:21] {@Threei}  zoes?
[14:24] {RonS} restaurant stock
01[14:25] {@Threei}  oh, that was symbol
01[14:25] {@Threei}  lol... I connected second line to first
[14:26] {RonS} wix flaming
[14:40] {RonS} expr cruising
[14:41] {RonS} cybr springs leak
[14:43] {RonS} lol...Yup, #Zoolander made an appearance at Paris Fashion Week http://bloom.bg/1EScAGg
01[14:48] {@Threei}  sheesh
01[14:48] {@Threei}  how do I unsee that
01[14:49] {@Threei}  uh oh:
01[14:49] {@Threei}  (CA) Canada Fin Oliver: there is no housing bubble but the market will be continued to be monitored closely
[14:49] {RonS} rotflol
[14:50] {dino} odd, vxx +.94 only
01[15:00] {@Threei} Short Setup: GLD  .40 break
01[15:00] {@Threei}  If holds  .50
01[15:13] {@Threei}  valid
01[15:23] {@Threei} Long Setup:  IWM  .65 break
01[15:23] {@Threei}  If holds  .45
01[15:28] {@Threei}  ummm... .55 of course
01[15:34] {@Threei}  GLD invalidated, IWM no go
01[15:40] {@Threei}  GLD, .45 break short
01[15:40] {@Threei}  last scalp attempt
01[15:46] {@Threei}  lose .40 and die
01[15:48] {@Threei}  More Russian tanks, equipment cross Ukraine border - Nuland
01[15:48] {@Threei}  ceasefire is merely an opportunity to restock
[15:50] {RonS} always has been...
01[15:50] {@Threei}  yeah
01[15:51] {@Threei}  meanwhile, 120 US tanks are delivered in Latvia
01[15:51] {@Threei}  which has no need in that many on most scenarios
01[15:51] {@Threei}  so militry analysts say that's preparation for arming Ukraine
[15:51] {RonS} but a days supply w/ full invasion
01[15:52] {@Threei}  ROF, twitter
01[15:52] {@Threei}  "Hillary’s rap name is 2 Phonez"
01[15:54] {@Threei}  ok... scratching GLD
01[15:54] {@Threei}  have a good evening, guys, see you tomorrow
[15:56] {dino} gn all

Mar 09 2015

Decent day with enough of good trades to make one's peace with everything but the time change to DST. Other than that, no complaints.


Session Time: Mon Mar 09 00:00:00 2015
[09:16] {dino} gm
01[09:16] {@Threei}  dino :)
01[09:19] {@Threei}  can't tell you how much I hate this time change
[09:19] {RonS} gm...regardless any future snow or blizzards spring has started here...finally...
01[09:19] {@Threei}  ron :)
[09:22] {dino} ron, , was -3 friday night, today a toasty 30
01[09:31] {@Threei} Short Setup: FB  .80 break
01[09:31] {@Threei}  If holds  .90
01[09:32] {@Threei}  1:1
01[09:32] {@Threei}  1:2
01[09:32] {@Threei}  1:4
01[09:32] {@Threei}  out
[09:32] {dino} gj
01[09:32] {@Threei}  ty
01[09:32] {@Threei}  Upside:
01[09:32] {@Threei}  -RTI +42% (being acquired by AA for $42/sh)
01[09:32] {@Threei}  -PNK +25% (received offer from GLPI to acquire real estate assets)
01[09:32] {@Threei}  -RMGN +14% (prelim earnings)
01[09:32] {@Threei}  -OPXA +11% (modified agreement with Merck Serono and received additional $3M payment to support ongoing development of Tcelna)
01[09:32] {@Threei}  -WLL +11% (reportedly seeking to sell itself following recent decline in oil)
01[09:32] {@Threei}  -CTIC +8% (announced positive results from Phase 3 Persist-1 trial of pacritinib)
01[09:32] {@Threei}  -MOBI +4.6% (earnings)
01[09:32] {@Threei}  -MAC +4.5% (SPG confirms offer to acquire company at $91/shr)
01[09:32] {@Threei}  -WUBA +4.2% (acquired minority stake in interior decoration service platform To8to)
01[09:33] {@Threei}  Downside:
01[09:33] {@Threei}  -ACRX -41% (regulatory update on Zalviso)
01[09:33] {@Threei}  -AA -4% (acquiring RTI for $41/sh)
01[09:33] {@Threei}  -MCD -1% (Feb sales)
[09:33] {RonS} bita pulp
01[09:36] {@Threei} Short Setup: TWTR  .30 break
01[09:36] {@Threei}  If holds  .40
01[09:39] {@Threei}  1:1
01[09:42] {@Threei} Long Setup:  MCD  98 break
01[09:42] {@Threei}  If holds  .90
01[09:44] {@Threei}  Invalidated
[09:50] {dino} added bita calls
01[09:52] {@Threei} Short Setup: TWTR  .20 break
01[09:52] {@Threei}  If holds  .30
01[09:55] {@Threei}  no go
01[09:58] {@Threei}  no day is complete without Greece
01[09:58] {@Threei}  (EU) Germany Fin Min Schaeuble: Not a lot has happened recently with Greece though it will be a main topic at Eurogroup discussion - Dijsselbloem: France has not done much on economic reforms, will support Greece if it continues its reform efforts- will not be discussing Varoufakis' latest letter
01[09:58] {@Threei}  why, is there some indecent proposal in it?
01[09:59] {@Threei} Long Setup:  JPM  .10 break
01[09:59] {@Threei}  If holds  61
[10:00] {dino} bita sm l .80
01[10:05] {@Threei} Long Setup:  MCD  .90 break
01[10:05] {@Threei}  If holds  .80
01[10:08] {@Threei}  1:1  JPM
01[10:09] {@Threei}  to .84 MCD
01[10:09] {@Threei}  touched 1:1 for a sec
01[10:11] {@Threei}  half out MCD
01[10:11] {@Threei}  and stop to .89
01[10:11] {@Threei}  closed
01[10:11] {@Threei}  just in time
01[10:20] {@Threei} Long Setup:  FB  .55 break
01[10:20] {@Threei}  If holds  .45
01[10:21] {@Threei}  Invalidated
01[10:23] {@Threei}  valid again
01[10:29] {@Threei}  [FSLR] Hearing vague takeover chatter circulating
[10:31] {dino} out bita 62.74, +1.94
[10:31] {dino} ty ron for idea
01[10:31] {@Threei}  wtg
[10:31] {RonS} gj
[10:32] {dino} ty
01[10:34] {@Threei}  https://s-media-cache-ak0.pinimg.com/736x/78/4c/07/784c0738474eeae5527fec872741aeb4.jpg
[10:37] {RonS} jf +10?
01[10:37] {@Threei}  lol
01[10:38] {@Threei} Short Setup: FB  .10 break
01[10:38] {@Threei}  If holds  .20
[10:39] {RonS} may jf's older brother since he acts like jf...
[10:39] {RonS} +be
01[10:39] {@Threei}  or offspring of jf and dp
[10:39] {RonS} lol
01[10:39] {@Threei}  die FB
01[10:41] {@Threei}  no go
01[10:47] {@Threei} Long Setup:  IWM  .40 break
01[10:47] {@Threei}  If holds  .30
01[10:50] {@Threei}  1:1
01[11:09] {@Threei} Short Setup: FB  .05 break
01[11:09] {@Threei}  If holds  .15
[11:11] {RonS} lol... Euro-area finance ministers to Greece: “We have to stop wasting time” http://bloom.bg/1BYGOH3
01[11:13] {@Threei}  Greece: "we?" WE have all the time WE need. Zeus will come to our help woth his lightings if needed
[11:13] {dino} nsr spike
01[11:16] {@Threei}  Invalidated
01[11:19] {@Threei}  valid again
01[11:21] {@Threei}  1:1
01[11:25] {@Threei}  - US stock markets looked to bounce back from Friday's sell off and have done so modestly in the early going. Various other assets classes have also either reversed course marginally or stabilized within recent trends. The Dollar Index is essentially flat after losing some ground in overnight trade while US Bond prices have stabilized.
01[11:25] {@Threei}  Gold prices have gained some ground on the pause in the Dollar rally. WTI crude continues to churn around the $50 mark.
01[11:45] {@Threei} Long Setup:  IWM  .50 break
01[11:46] {@Threei}  If holds  .40
[12:04] {dino} bita sm l .20
[12:08] {dino} out bita 60, +.40
01[12:08] {@Threei}  hmmm
01[12:08] {@Threei}  4 minutes work, 40 cents,
[12:08] {dino} pulp
01[12:08] {@Threei}  comes to 10 cents a minute
01[12:09] {@Threei}  or 600 cents an hour
[12:09] {dino} i wish
01[12:09] {@Threei}  by 500 shares, $300/h
01[12:09] {@Threei}  can you fo that for 8 hours straight? :)
01[12:10] {@Threei}  do
01[12:10] {@Threei}  with lunch break, about $2.000/day
01[12:11] {@Threei}  40,000 a month
01[12:11] {@Threei}  man... dino must be stopped
[12:15] {dino} lol
01[12:17] {@Threei}  frikin FB rinsed second half
01[12:17] {@Threei}  dropping like prom dress now
[12:21] {dino} cybr drop
01[12:42] {@Threei}  Vladimir Putin has described the moment he claims to have ordered the incorporation of Crimea into the Russian Federation. Details of the overnight meeting came to light in a forthcoming documentary.
01[12:43] {@Threei}  hmmm... so it's not "ah, they decided to join us and voted for that in referendum" anymore?
01[13:09] {@Threei} Long Setup:  VXX  .65 break
01[13:09] {@Threei}  If holds  .60
01[13:37] {@Threei}  for dino: 20 Signs You Desperately Need a Warm-Weather Vacation
01[13:37] {@Threei}  http://www.cosmopolitan.com/lifestyle/a37476/signs-you-need-holiday/
[13:40] {RonS} bita off more than it can chew...
01[13:40] {@Threei}  hehe
01[13:40] {@Threei}  not bad
[13:58] {dino} thats why i'm taking one
[13:58] {dino} bita sm l .12
01[14:09] {@Threei} Long Setup:  VXX  .55 break
01[14:17] {@Threei}  McDonald’s warned it faced an "urgent" need to change in an attempt to win back customers as it reported a drop in monthly sales that was much larger than expected.
01[14:18] {@Threei}  change comes from wihin... if there is nothing within but crappy burgers...
[14:18] {cosmo} vegiburgers would be nice...
[14:18] {cosmo} real vegies
[14:19] {cosmo} no cardboard, etc
[14:27] {dino} out bita 43, +.31
01[14:28] {@Threei}  1:1  VXX
01[14:28] {@Threei}  forgot to post at the time
[14:38] {RonS} appl cored
01[14:38] {@Threei}  lol
[14:39] {RonS} appl runs out of time...
[14:39] {dino} csiq drop
01[14:55] {@Threei}  https://www.youtube.com/watch?v=bU1QPtOZQZU
01[15:16] {@Threei} Long Setup:  IWM  .80 break
01[15:16] {@Threei}  If holds  .70
01[15:24] {@Threei}  change to .70 break
01[15:30] {@Threei}  stop .64
01[15:31] {@Threei}  1:1
01[15:36] {@Threei}  1:2
01[15:45] {@Threei}  I guss no need to push on last minutes, decent day as it is
01[15:45] {@Threei}  thank you, have a great evening
01[15:45] {@Threei}  see you tomorrow
[15:48] {dino} same here

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Payrolls Still Rolling, ECB Starts QE, China Slows Growth
Fri, 06 Mar 2015 16:21 PM EST

- The week hinged on big announcements out of top Chinese officials and the ECB, as well as the latest US jobs report. The PBoC started the week off with another unscheduled rate cut, which helped soften the blow of Premier Li confirming a lower GDP growth target for 2015. The ECB offered up operational details for its quantitative easing program and said it would begin next week. The dollar index, already at a decade high, gained more strength in the wake of another solid US employment report bringing Fed rate lift off closer to reality. US Treasury yields moved up across the curve, the 2-10 year spread widened 150 basis points, and the US benchmark 10-year Treasury yield is now up on the year at 2.24%. On Monday, the Nasdaq Composite crested the 5,000 mark for the first time since the year 2000 tech bubble popped, but that marked the top for the week as the Nasdaq dropped 0.7%, the DJIA lost 1.5%, and the S&P500 fell 1.6%.

- Heading into the trading week risk appetite was getting a tailwind from another surprise PBoC rate and the anticipation of the launch of ECB QE. Early on, the USD maintained a firm tone against most currencies with the Dollar Index hitting fresh 11-year highs. By Thursday the ECB confirmed that it would begin its QE purchases on March 9th and that the program would indeed purchase government bonds with negative yields, sending the Euro below 1.10 and European bond yields to fresh record lows.

- Another stellar US employment report Friday only fueled the USD rally. The USD/JPY approached 3-week highs and tested near the 121 handle. The Yen weakness encouraged some verbal intervention when a Japanese government advisor stated that the pair's present levels were in the "upper limit of comfort zone." Emerging market currencies also remained highly sensitive to US Fed expectations. The USD/BRL tested above 3.03 level (weakest Real level since 2004), and the South Africa Rand hit 13 year lows as USD/ZAR approached the 12 neighborhood.

- In announcing the details of the QE program, ECB President Draghi reiterated the €60B of monthly bond purchases will continue at least through September 2016, and until inflation approaches the target level of just under 2%. The ECB will buy government bonds with negative yields up to the Deposit Rate (which is presently -0.20%). ECB staff projections revised 2015 inflation forecasts to 0.0% from +0.7% prior (citing much lower oil), with 2016 revised up to 1.5% from 1.3% and initial 2017 projections set at 1.8%, right in line with Draghi's central objective for QE.

- Despite the bailout extension agreed upon last week, things are looking dire in Greece. Tax collection is lagging badly and some reports suggest the nation could run out of money in mid-to-late March, though officials in Athens vowed they will have no problems making their March debt payments. Despite repeated denials by European officials and Syriza's election promises, there has been talk about initial plans for a third Greek bailout package.

- The Fed released the results of its annual stress tests on major financial institutions and to the surprise of some analysts all 31 passed the initial hurdle, having adequate capital even in the greatest stress scenario. Zions Bancorp, the only bank that failed the stress test last year, scraped by with a capital ratio just above its required level. Surprisingly, Goldman Sachs also had a close call as its total risk based capital ratio in the stress scenario came in at just one-tenth of a percent higher than the minimum requirement, compared to other Wall Street Banks which had an average cushion of more than one percentage point. The greater test may come next week when the Fed announces whether it will accept the capital return plans of the banks (CCAR requests). Five banks had their CCAR plans rejected last year, most notably Citigroup, whose CEO has proclaimed his job is on the line this year.

- The February US jobs report on Friday backed up the spectacular January data with more solid results. Nonfarm payrolls added nearly 300 thousand net new jobs, keeping the four month average above that level. Unemployment fell to a seven year low of 5.5%, with a nice three-tenths drop in underemployment, though it was partly attributable to a fresh drop in the labor force participation rate. Wage inflation remains elusive; After a strong gain in last month's hourly earnings, February saw a meager 0.1% m/m rise in wages, half of the expected gain.

- WTI crude prices traded somewhat higher mid- week, rising as high as $52.40 from around $49 on Monday, but remained within the range seen over the course of February. Dollar strengthening brought WTI back to the low end of that range on Friday. Crude inventories are reaching critical levels: the weekly EIA report saw the eighth consecutive build in stockpiles and biggest weekly rise in 14 years. A Citibank commodities analyst warned the US is running out of oil storage capacity and said WTI could fall to $20 if storage limits were reached. Brent pivoted around $60, held back by the growing possibility that a US/Iran nuclear deal could result in sanctions being lifted against Iran, creating a fresh surge of crude exports.

- February US auto sales were very uneven, with some big misses being chalked up to severe winter weather. Ford's sales declined nearly 2% y/y, compared to expectations for a 3-5% gain. Executive said there was a pronounced slowdown in the second half of February, which lines up with the major East Coast blizzards. Volkswagen saw its sales contract more than 5%, while Nissan's sales were up 2.7% compared to the more than 7% gain expected. GM was curiously not impacted, with Feb sales up right in line with estimates, while Fiat Chrysler was a bit slower than expected.

- Friday morning, it was announced that Apple will be added to the Dow Jones Industrial Average, replacing AT&T, a move that was facilitated by Apple's decision to conduct a 7-1 stock split last year, making it a viable choice for the price weighted Dow. Apple will join the DJIA after the close of trading on March 18, becoming its fifth highest weighted component.

- The last of the big US retailers reported quarterly earnings this week. American Eagle gained more than 9% after modestly topping expectations and beating its own expectations for declining comps with a flat SSS reading. Abercrombie & Fitch tanked 14% after missing on revenue, declining to offer much in the way of guidance and generally offering pessimistic commentary. Costco offered solid quarterly results and good comps. On the confernce call, executives said the impact of West Coast port strike is mostly over and suggested it will take 4-8 weeks to clear backlogs at those ports.

- In M&A news, AbbVie reached a deal to acquire biotech name Pharmacyclics for about $21 billion, buying access to what is expected to be one of the world's top-selling cancer drugs, Imbruvica. The firm was reportedly engaged in a fierce bidding war against Johnson & Johnson and analysts condemned AbbVie for overpaying. Moreover, J&J already owns half of the future cash flow from Imbruvica, via a partnership deal signed long ago. Chip maker NXP Semi agreed to buy Freescale Semiconductor in a cash and stock deal valuing it at $11.8 billion. Hewlett-Packard reached a deal to acquire network access firm Aruba Networks for $3 billion in cash.

- China Premier Li Keqiang unveiled official projections for 2015 at the start of the National People's Congress that largely reflected recent market assessments of slowing growth and inflation. GDP target was set as a softer estimate of "around" 7% from 7.5% in 2014, trade growth was lowered to 6.0% from 7.5%, CPI forecast was lowered to 3.0% from 3.5%, and the M2 money supply growth target was set at 12% vs 13% prior. Along with the economic framework, Beijing offered a vision of improvement in some of the well-known social shortcomings: China regulators intend to formalize a banking deposit insurance system, broaden regulation of shadow banking and real estate, invest some CNY1.6T in further rail and water infrastructure development, build an additional 7.4M units of public housing, and shutter some of outdated coal facilities to help reduce carbon dioxide intensity by over 3%. The China Standing Committee also pledged to push forward yuan convertibility on capital account, broaden the use of FX reserves, and allow the Yuan to float more freely, even though analysts are skeptical over the extent to which regulators will widen the Yuan trading band. The announcement followed a weekend decision by the PBoC to cut 1-year lending and deposit interest rates by another 25 basis points, the 2nd rate cut in 3 months, while also raising the maximum rate on bank deposits. For the week, USD/CNY pushed out above CNY6.28, the weakest level for the currency since late 2012, and Shanghai Composite pared its recent rebound with a 2% slide.

Mar 06 2015

Very nice day to finish strong week. Mostly empty afternoon, but first half of the day gave enough good plays to make it worth our while.



Session Time: Fri Mar 06 00:00:00 2015

[09:07] {RonS} gm...hearing loonie .80 v $
01[09:07] {@Threei}  hi Ron
01[09:07] {@Threei}  yes
[09:08] {RonS} $aapl replaces $t in the Dow
01[09:10] {@Threei}  .80 is better than parity... but worse than it used to be, around 1.55
[09:11] {dino} gm
01[09:11] {@Threei}  dino :)
01[09:19] {@Threei}  - EU Official: Choreography seems to point to 3rd Greek bailout
01[09:19] {@Threei}  lol
01[09:19] {@Threei}  what does music conducting point to?
[09:20] {dino} ron, you take fl into earnings?
[09:21] {RonS} no...mistake...
[09:25] {dino} nor i, don't like buying into earnings
[09:26] {RonS} the thing is nke report is a great read on fl...watched it qtr after qtr...and never do anything  :(
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -AVEO +17% (earnings & announcement of Phase 2 results Tivozanib)
01[09:27] {@Threei}  -LTM +14% (premarket strength attributed to LBO speculation)
01[09:27] {@Threei}  -YY +9% (earnings)
01[09:27] {@Threei}  -MSO +8% (earnings)
01[09:27] {@Threei}  -SKUL +7% (earnings)
01[09:27] {@Threei}  -FNSR +6% (earnings)
01[09:27] {@Threei}  -FL +5.2% (earnings)
01[09:27] {@Threei}  -TFM +4.7% (earnings)
01[09:27] {@Threei}  -THO +3.5% (earnings)
01[09:27] {@Threei}  -BAC +2.5% (stress test results; C also up marginally)
[09:27] {RonS} plus the call buying was substantial
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -SSH -30% (update on US study of C-Pulse Heart Assist System)
01[09:27] {@Threei}  -OREX -16% (top FDA official says Contrave data showing heart benefit are unreliable)
01[09:27] {@Threei}  -CKP -15% (earnings)
01[09:27] {@Threei}  -GENE -14.5% (announced A$18.6M capital raise)
01[09:27] {@Threei}  -LULU -3.5% (negative broker commentary)
01[09:27] {@Threei}  -SPLS -2.2% (earnings)
01[09:32] {@Threei}  .l fb 81 break
01[09:33] {@Threei} Long Setup:  FB  81 break
01[09:33] {@Threei}  If holds  .90
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
01[09:34] {@Threei}  violent bounce
01[09:35] {@Threei}  heavy
01[09:37] {@Threei}  no go
01[09:46] {@Threei} Long Setup:  VXX  27 break
01[09:46] {@Threei}  If holds  .90
01[09:51] {@Threei}  1:1
01[09:57] {@Threei} Long Setup:  IWM  .40 break
01[09:57] {@Threei}  If holds  .30
[10:00] {dino} lulu sm l .00
01[10:02] {@Threei}  no go
[10:10] {dino} out lulu .43, +.43
01[10:11] {@Threei}  nice
[10:12] {dino} ty
01[10:14] {@Threei} Long Setup:  FB  .80 break
01[10:15] {@Threei}  If holds  .70
01[10:18] {@Threei}  1:1
01[10:20] {@Threei}  1:2
[10:21] {RonS} good one 3i, thanks
01[10:21] {@Threei}  :)
01[10:23] {@Threei}  1:3
01[10:27] {@Threei}  1:4 close enough, out
[10:28] {RonS} wow, bailed too early gj
01[10:28] {@Threei}  ty
[10:28] {RonS} took lulu .04 out .76 +.72  good one dino and thanks
[10:32] {dino} yw, gj
01[10:40] {@Threei} Long Setup:  TWTR  .70 break
01[10:41] {@Threei}  If holds  .63
01[10:46] {@Threei}  1:1
01[10:48] {@Threei}  1:2
01[10:48] {@Threei}  1:3
01[11:01] {@Threei} Long Setup:  VXX  .20 break
01[11:01] {@Threei}  If holds  .10
01[11:06] {@Threei}  1:1
01[11:10] {@Threei}  1:2
[11:11] {RonS} a beaut...
01[11:11] {@Threei}  :)
[11:11] {RonS} tick -1445
[11:16] {dino} vxx barely moving
01[11:23] {@Threei}  1:3
01[11:23] {@Threei}  out
[11:24] {dino} gj
01[11:24] {@Threei}  ty
01[11:24] {@Threei}  sweet day
01[11:41] {@Threei}  Feb employment report stirred things up. Following the data the US Greenback extended to fresh multi year highs while US rates backed up to levels last seen when the calendar changed to 2015
01[11:42] {@Threei}  Gold and oil prices have dipped likely pressured by the Dollar's latest leg higher and in anticipation of higher rates. Similarly dividend dependent sectors such as REITS, utilities and home builders have all under performed while asset managers and insurance companies have rallied
01[11:45] {@Threei}  wow... still out VXX too soon
[11:54] {dino} what are your guts feeling?
[11:54] {dino} more down?
[11:56] {dino} what am i, invisable?
01[11:58] {@Threei}  waren't we all
01[11:58] {@Threei}  -w
[11:58] {RonS} limited downside...no upside...
01[11:58] {@Threei}  feels like bottom is found for the time being
01[12:12] {@Threei}  Associated Press: Russia imports drop by more than a third
01[12:17] {@Threei}  dino, try yourself here: http://www.xrite.com/online-color-test-challenge
[12:22] {dino} that will take hours
[12:23] {dino} any word on nemo?, whens he coming back
01[12:23] {@Threei}  takes 5 minutes
01[12:24] {@Threei}  per him, "when in-house situation sorts itself out"
[12:25] {RonS} but he needs to find items that look similar to him...then find wife w/ q:  what color is this?  :)
01[12:25] {@Threei}  no wife, just honest results :)
[12:26] {dino} you kidding, still on first row
01[12:27] {@Threei}  well, you are supposed just to move them around accordingly to how you see them... without painstaking comparisons :)
[12:29] {dino} score 129
[12:30] {dino} low color acuity
01[12:32] {@Threei}  that's low... but not catastrophic
[12:34] {dino} i've never known different, so normal for me
[12:40] {RonS} ain't no Hellen Keller except on the golf course eh dino?
01[12:40] {@Threei}  large plays are over, looking for a scalps for the lunch time
[12:42] {dino} taking a break
01[12:43] {@Threei} Long Setup:  FB  .10 break
01[12:43] {@Threei}  If holds  80
01[12:43] {@Threei}  1:1
01[12:48] {@Threei}  1:2
[12:49] {RonS} good one
01[12:49] {@Threei}  ty
01[12:49] {@Threei}  whole morning like this, or better
01[13:25] {@Threei} Long Setup:  VXX  .05 break
01[13:40] {@Threei}  sheesh... drop already, SPY
01[13:47] {@Threei}  lose .60 already
01[13:47] {@Threei}  let's trail to .99
01[13:52] {@Threei}  meh
01[13:52] {@Threei}  30 min break
[14:15] {RonS} dino, you there?
[14:19] {dino} yes
[14:21] {dino} whoosh down coming
[14:21] {RonS} missed the $ufs short...
01[14:32] {@Threei} Long Setup:  MCD  .30 break
[14:32] {RonS} wow ufs round trippin
01[14:32] {@Threei}  If holds  .20
01[14:33] {@Threei}  1:1
[14:36] {dino} crazy chart ufs
[14:37] {RonS} rumor about an mlp...
01[14:38] {@Threei}  [UFS] Reportedly received positive prelim ruling in an International Trade Commission (ITC) case
[14:38] {dino} lod
01[14:44] {@Threei} Long Setup:  IWM  .10 break
01[14:44] {@Threei}  If holds  121
[14:48] {dino} hrtg spike
01[15:00] {@Threei}  *(US) JAN CONSUMER CREDIT: $11.56B V $14.8BE
01[15:04] {@Threei}  1:1
01[15:19] {@Threei}  (GR) Greece govt looking to hold immediate talks with lenders regarding reform plan - financial press citing Greek ministers' letter - Report noting the request marks a softening of Athens position; Govt previously rejected talks with Troika toward implementation of reform.
[15:20] {RonS} ...says will pursue a new strategy...booze then schmooze...
01[15:21] {@Threei}  lol
01[15:24] {@Threei} Short Setup: SLW  .80 break
01[15:25] {@Threei}  If holds  .90
01[15:25] {@Threei}  wth trail to .86 after loss of .75
01[15:26] {@Threei}  oh god... time change this weekend
01[15:26] {@Threei}  hate it with passion
[15:26] {RonS} your fave
[15:29] {RonS} Indiana has counties that goes both ways...do it or not... study shows that those that do have greater energy consumption...proves the whole thing is bogus
01[15:29] {@Threei}  lol
01[15:31] {@Threei} Long Setup:  SLW
01[15:32] {@Threei} Short Setup: FB  .90 break
01[15:32] {@Threei}  If holds  80
01[15:32] {@Threei}  sorry SLW wrong script
01[15:32] {@Threei}  Invalidated  SLW
01[15:32] {@Threei}  die FB
01[15:32] {@Threei}  die dead
01[15:37] {@Threei}  let's trail to .96
01[15:38] {@Threei}  last moves are likely to be hectic
01[15:38] {@Threei}  don't want to get acught
01[15:38] {@Threei}  caught either
01[15:42] {@Threei}  meh
01[15:43] {@Threei}  OK guys, good day finishing decent week
01[15:43] {@Threei}  thank you, have a great weekend
[15:43] {RonS} good weekend to all
01[15:43] {@Threei}  see you Monday, an hour earlier...grrr
[15:45] {dino} gn all, holding vxx calls through weekend

Mar 05 2015

No fireworks but decent day, with some stops and a few good wins placing it on a positive side.

Session Time: Thu Mar 05 00:00:00 2015
01[09:08] {@Threei}  EUR/USD Euro hits fresh 11-year lows below 1.1020
[09:09] {dino} gm
01[09:09] {@Threei}  dino :)
[09:10] {RonS} howdy
01[09:10] {@Threei}  ron :)
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -KYTH +25% (FDA staff notes show ATX-101 presents a consistent & favorable safety profile)
01[09:26] {@Threei}  -BIOL +22% (earnings)
01[09:26] {@Threei}  -EYES +20% (first successful implantation of the Argus II retinal prosthesis system)
01[09:26] {@Threei}  -MVIS +14% (licensed PicoP display tech to Fortune Global 100 partner)
01[09:26] {@Threei}  -CLDN +14% (initiated with Buy at Roth; expected to announce pivotal trial results from CUPID-2 trial in April '15)
01[09:26] {@Threei}  -ARWR +11% (acquired NVS's RNAi R&D portfolio)
01[09:26] {@Threei}  -TEAR +11% (announced $35M term loan agreement with CRG)
01[09:26] {@Threei}  -PCYC +10% (being acquired by ABBV)
01[09:26] {@Threei}  -VSLR +8.5% (earnings)
01[09:26] {@Threei}  -MAC +7.3% (SPG said to have made takeover approach)
01[09:26] {@Threei}  -MLR +7% (earnings)
01[09:27] {@Threei}  -GDOT +6.3% (raised to Outperform from Neutral by Credit Suisse)
01[09:27] {@Threei}  -KR +5.3% (earnings)
01[09:27] {@Threei}  -RNDY +5.7% (earnings)
01[09:27] {@Threei}  - CSIQ +5% (earnings, to form YieldCo)
01[09:27] {@Threei}  -MBLY +4.4% (hearing strength attributed to introduction of the 4th generation system-on-chip the Eye4 engineering samples of EyeQ4 expected by Q4 FY15)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -ERJ -14% (earnings and FCF may be negative in FY15 due to heavy investment spending)
01[09:27] {@Threei}  -VNDA -7% (announced Tradipitant Phase 2 proof of concept study results)
01[09:27] {@Threei}  -JOY -6.7% (earnings)
01[09:27] {@Threei}  -ABBV -6% (acquiring PCYC)
01[09:27] {@Threei}  -HRB -4.3% (earnings)
01[09:27] {@Threei}  -ACHN -4% (earnings)
01[09:27] {@Threei}  -ARI -3.8% (offering 10M shares of common stock)
01[09:32] {@Threei} Long Setup:  FB  .55 break
01[09:32] {@Threei}  If holds  .45
01[09:32] {@Threei}  nah
01[09:33] {@Threei}  got away
01[09:35] {@Threei} Long Setup:  IWM  .10 break
01[09:35] {@Threei}  If holds  122
01[09:36] {@Threei}  hmm
[09:36] {dino} mkt feels heavy
01[09:37] {@Threei}  closed gap
01[09:38] {@Threei} Long Setup:  TWTR  .45 break
01[09:39] {@Threei}  If holds  .35
01[09:40] {@Threei}  1:1
01[09:41] {@Threei}  1:2
01[09:46] {@Threei} Long Setup:  VXX  .20 break
01[09:47] {@Threei}  wow TWTR
01[09:47] {@Threei}  Invalidated  VXX
[09:50] {dino} out isis calls from 2/27, +2.23 / 53%
01[09:50] {@Threei}  wtg
01[09:51] {@Threei}  ZU Hearing some vague takeover chatter
[09:51] {dino} ty
01[09:51] {@Threei}  I bet isis wishes they chose another symbol
[09:52] {dino} no kidding
[09:53] {dino} need to be bought out just because of that
01[09:53] {@Threei} Long Setup:  VXX  .95 break
01[09:53] {@Threei}  If holds  .90
01[10:01] {@Threei}  *(US) JAN FACTORY ORDERS: -0.2% V 0.2%E
01[10:01] {@Threei}  1:1
[10:02] {jfjf64} Hey mornin all
[10:03] {dino} capn hl l .45
01[10:03] {@Threei}  hey jf
[10:03] {jfjf64} See off to good start
[10:03] {jfjf64} Good
01[10:04] {@Threei}  TWTR was nice
[10:05] {jfjf64} Yeah great chart
01[10:10] {@Threei} Long Setup:  IWM  .80 break
01[10:10] {@Threei}  If holds  .70
01[10:14] {@Threei}  jf, see private message
[10:24] {dino} capn stop .15 -.30
02[10:25] * Disconnected
Session Close: Thu Mar 05 10:25:07 2015

Session Start: Thu Mar 05 10:25:07 2015
Session Ident: #discussions
02[10:25] * Attempting to rejoin channel #discussions
03[10:25] * Rejoined channel #discussions
01[10:29] {Threei}  trail to .74
[10:36] {dino} capn hl l .95 last try
01[10:44] {Threei}  market stalled
01[10:46] {Threei}  1:1
[10:48] {jfjf64} Go capn Dino
[10:52] {jfjf64} Athm s here
[10:53] {dino} :)
[10:56] {jfjf64} You still in
[10:59] {dino} y
[10:59] {jfjf64} Good job
[10:59] {dino} didn't expect such violent vwap rejection
[11:00] {jfjf64} Athm shook me out
[11:10] {jfjf64} Twtr .90 break
[11:14] {dino} kicking you out again huh jf
[11:14] {jfjf64} Yup
01[11:14] {Threei} Long Setup:  FB  .30 break
[11:14] {jfjf64} Athm down 1.00
01[11:14] {Threei}  sorry jg... but I have to enetrtain myself somehow while market is slow
01[11:14] {Threei}  jf
[11:15] {jfjf64} R you gonna dance for us
01[11:15] {Threei}  I prefer kicking out those who make such suggestions
[11:16] {jfjf64} Lol
01[11:16] {Threei}  "real men don't dance. Does Arnold dance?"
01[11:16] {Threei}  "Hell, Arnold barely walks!"
01[11:16] {Threei}  1:1
[11:16] {jfjf64} Cap'n take $ and run Dino
[11:19] {jfjf64} Iwm .60
01[11:19] {Threei}  1:2
[11:19] {jfjf64} Break
[11:19] {jfjf64} Go fb
[11:21] {dino} out capn .72, +.77
[11:22] {RonS} kneecapn, eh?  gj
[11:22] {jfjf64} Gm
[11:22] {jfjf64} Gj
[11:24] {dino} ty
[11:28] {jfjf64} Not loosin money Iwm stop .60
[11:30] {jfjf64} Now it will go
[11:30] {jfjf64} Mf
[11:34] {dino} lol
[11:35] {jfjf64} Can't make this up today
[11:36] {jfjf64} Reads r  right
[11:36] {jfjf64} Mkt is mkt
01[11:46] {Threei}  The ECB outlined details of its shiny new QE program, helping European equities rack up very good gains today. US markets followed Europe higher, however they have given up gains as Europe closes.
01[11:46] {Threei}  ECB President Draghi outlined the details of the ECB's bond buying program at the post rate decision press conference this morning. Draghi said bond purchases would begin on March 9th and continue until at least September 2016, although he clarified that the central objective will be to get inflation to just under bank's 2.0% threshold. ECB staff projections revised 2015 inflation forecasts to 0.0% from +0.7% prior (citing much lower oil)
[11:54] {jfjf64} Hyh .10 break
[11:56] {RonS} gone to a typing lesson?
01[11:56] {Threei}  rofl
[11:57] {RonS} spelling tutorial?
[12:12] {dino} wow jf
[12:18] {dino} capn drop
01[12:24] {Threei}  EUR/USD Tests below 1.10 for first time since Sept 2003
01[12:25] {Threei}  parity on the horizon
[12:29] {jfjf64} Was lookin at 40 break Iwm
01[12:44] {Threei}  Russia had 2.2 percent inflation in February, annual rate hits 16.5 percent
[12:46] {RonS} dino, FL reports pre tomorrow...lots of call buying in the name yesterday but now selloff...stalking reversal here for an eod run
[12:50] {dino} ty, on screen
[12:50] {dino} 07 red
[13:30] {dino} slow
[13:33] {jfjf64} Hyh s .25
[13:35] {RonS} hyh jf .50
[13:36] {RonS} thinking he was saying hi to me w/ a quarter...returned the favor and doubled it...
[13:37] {jfjf64} Lol
01[13:38] {Threei}  hmmm
01[13:38] {Threei}  you guys are getting weirder by minute :)
[13:38] {RonS} boreder more like it...
01[13:38] {Threei}  that too
[13:41] {dino} is that a word?
01[13:42] {Threei}  boreder?
01[13:42] {Threei}  of course
01[13:43] {Threei}  you get bored, then boreder, then boredest
01[13:43] {Threei}  come on fino, get with the program.... get programer... then programest
01[13:43] {Threei}  dino
[13:44] {dino} lol
[13:44] {jfjf64} Dino stalking fl
[13:45] {dino} watching it
[13:45] {dino} doesn't move
[13:48] {jfjf64} Nothing going on but don't want to go outside and dig out. Snow    Snower   Snowiest
[13:49] {jfjf64} Drink  drink more.  Drink lots
[13:50] {dino} same here jf, too much snow....but as for te drink, i could be persuaded
[13:56] {RonS} omg, finally have something to do...
[13:57] {RonS} leftover spaghetti for lunch...now get to sit around and belch...
[13:57] {jfjf64} Drink
[13:57] {jfjf64} Lol
[14:02] {RonS} lol...I was offered sex today by a 26 year old woman.  In exchange i was supposed to advertise some sort of bathroom cleaner on my facebook.  of course i declined because of my morals and strong will power. Which is just as strong as Ajaz, the super stong bathroom cleaner.  Now available scented with lemon or vanilla.
[14:03] {jfjf64} Aapl .55 s
01[14:03] {Threei}  lol
[14:11] {RonS} 3i, if talk to ese...tell him about all he missed on mack...
01[14:14] {Threei}  avtually will talk to him next week
[14:14] {jfjf64} I'm gonna go shovel   Talk to all soon gonna take some time off   All be good.   Ty 3i for all    Ill be back
01[14:14] {Threei}  we have a local project to do together
01[14:15] {Threei}  as strange as it sounds, to do a business project with socialist musician :)
01[14:15] {Threei}  and unionized teacher
01[14:15] {Threei}  be safe jf
[14:16] {dino} cya jf
[14:17] {dino} when you coming back jf, days? weeks?
[14:18] {dino} 3i, heat wave here, 24 degrees f
01[14:18] {Threei}  wow
[14:18] {dino} only going to -2 tonight
01[14:18] {Threei}  need suscreen?
[14:18] {dino} next week i will
[14:18] {dino} jamaica
01[14:18] {Threei}  :)
[14:19] {dino} leave friday the 13th. going away for my 50th b-day. i am getting old
01[14:20] {Threei}  nah
01[14:20] {Threei}  50 is new 30
01[14:20] {Threei}  ok, 33
[14:20] {dino} well, then i guess i'm ok
01[14:21] {Threei}  you are... dunno about 30, but I am certainly in better shape than I was at, say 43
[14:22] {dino} thats great. i need to lose about 30 more pounds, down 15 since january 3rd
01[14:23] {Threei}  certainly doable
01[14:23] {Threei}  not easy but doable
[14:23] {dino} in 5th place out of 25 in that ymca weight loss contest where they publish your % loss/gain each week
[14:23] {RonS} tough in the winter...but myabe spring will happen...
01[14:24] {Threei}  let me throw one thing your way to look into, helps immendely with both weight loss and physical shape, and takes less time than many other ways... let me find a link
[14:24] {dino} well, goal is to be at 200 by july carribean cruise, so we will see. that would have me down 30 altogether
01[14:25] {Threei}  http://www.tabataprotocol.com/
[14:26] {dino} ok, on the site, i will read it
01[14:26] {Threei}  difficult to believe how effective this thing is... seeems easy but if you do it right, you feel like you are going to die... for about 5 min, then you are OK :)
[14:27] {dino} i will check it out.
[14:28] {dino} i have been doing the mens health bodyweight cardio burner 20 minute cd. exhausts me. of course i was never much of a cardio guy aside from walking dog
01[14:28] {Threei}  this is very different
[14:29] {dino} for past 22 years my exercise has been tossing steel around/free weights. just last fall i was benching 290 lbs, then hurt my shoulder in november
01[14:29] {Threei}  follow this protocol to the t, it's really very effective
[14:30] {dino} you did this?
01[14:30] {Threei}  yes, for 8 months already
01[14:30] {Threei}  I quit smoking, gained 30 lbs in a blink of eye
01[14:30] {Threei}  couldn't shake it off whatever I did
01[14:31] {Threei}  started stabilizing it slowly, then sliding down, paunfully slow
01[14:31] {Threei}  then a few drastic measures changed things for real,
01[14:32] {Threei}  one being dropping all the wheat, cereal etc, and replacing them with buckwheat, including baking my own buckwheat bread,
01[14:32] {Threei}  another - this tabata protocol,
[14:32] {dino} i'm low carbing now
01[14:32] {Threei}  plus light weight training and an hour to three a day of walking
01[14:33] {Threei}  shed 30 lbs, platooed,
01[14:33] {Threei}  now consolidating for a new breakdown
01[14:33] {Threei}  weight chart looks like total DBI :)
[14:33] {RonS} gonna short it?
01[14:33] {Threei}  aslready did :)
[14:34] {dino} lol
01[14:34] {Threei}  btw, when you do this thing, it's practically impossible to track time, you get fuzzy
01[14:34] {Threei}  so, I found and downloaded a free app
[14:35] {RonS} no shit, you have no oxygen...
01[14:35] {Threei}  that signals end and start of each 20 sec and 10 sec period
[14:35] {RonS} when i used to run the half mile i would see stars at the end of the races...
01[14:35] {Threei}  calls "round and workout timer"
01[14:35] {Threei}  tablet or phone
01[14:36] {Threei}  it's even worse in this case ron
01[14:36] {Threei}  because you pedal with all you've got
[14:37] {RonS} reminds me of track coaches workout of for the half mile...all out run 220...rest 20 seconds...all out run 220...rest 20 seconds...15 times
01[14:37] {Threei}  not slowing down to control breath, just pushing and pushingm if you can do any faster you do
01[14:37] {Threei}  it's amazing how much it draws out of you in just 8 20-second rounds
[14:37] {RonS} and the bastard put me in charge...couldn't screw the pooch...brutal
01[14:38] {Threei}  hehe
[14:38] {RonS} but first year out was 5th in the league...
01[14:38] {Threei}  well done
[14:38] {RonS} lol...i was a football player...
01[14:43] {Threei}  watching FB for pullback under .20 for entry
01[14:49] {Threei} Long Setup:  FB  .20 break
01[14:49] {Threei}  If holds  .10
01[14:51] {Threei}  1:1
01[14:51] {Threei}  1:2
01[14:53] {Threei}  1:3
[14:59] {dino} gj
01[14:59] {Threei}  :)
[15:12] {RonS} out fl 57.20 from 56.66 +.52
01[15:12] {Threei}  nice
[15:13] {RonS} should have found a better number...6.66...didn't think about it at the time...
[15:17] {RonS} sheesh thought jf left a long time ago
01[15:17] {Threei}  lol
01[15:17] {Threei}  people exit without saying bye and say bye but don't exit
01[15:17] {Threei}  I am telling you, people are the weirdest
[15:18] {RonS} long ago came to the conclusion that anyone can make a great case that the next guy is nuts...
[15:19] {RonS} hey dino...
01[15:20] {Threei}  yes, but I am the only one who would be right
[15:20] {RonS} at some point didn't dino say he trades in his basement?
01[15:21] {Threei}  yes... why?
[15:21] {RonS} wintertime in basement bitching about winter...but summertime...still in basement...wtf?
[15:22] {RonS} nuts i tell ya...
01[15:22] {Threei}  same but without bitching?
01[15:22] {Threei}  looks logical to me
01[15:29] {Threei} Long Setup:  FB  .30 break
01[15:29] {Threei}  If holds  .20
01[15:31] {Threei}  no go
[15:32] {RonS} ah well, the last one made up for it
01[15:32] {Threei}  yeah, but want to finish with a good one... looking still
01[15:33] {Threei} Long Setup:  IWM  .60 break
[15:33] {dino} basement trading yes. mnot bad, its remodelled basement. my office is 10 x 10, carpeted with window.
[15:33] {dino} just outside my office door is 6 seat wet bar, pool table, free weights, heavy bag, and tv area
[15:34] {RonS} very nice...
[15:34] {dino} also, full bathroom in basement, so pretty cool setup
[15:35] {RonS} out my window is the banks of the Little Dry Creek River...
[15:35] {dino} used to trade downtown in my office building, but the three others that traded with me, blew up. so instead of sitting there alone (which i did for two months), i now rent it out
[15:36] {RonS} lol...which in PA you would call a ditch...but in Colorado it's a river that only has water about 30 days a year
[15:36] {dino} vad, i have printed the program and will give it a try
01[15:36] {Threei}  :)
[15:36] {dino} lol ron
01[15:36] {Threei}  1:1
[15:37] {dino} when i first moved home to trade, my wife asks "why not set up your trading office in our bedroom (it's big)?" i replied; "yeah, i want to spend 16 hours of my day locked in the bedroom"
01[15:39] {Threei}  hehe
[15:39] {dino} well guys not a lot of trades, but profittable (71% of goal)
01[15:40] {Threei}  on a plus side here as well
[15:40] {RonS} when we moved here from the relative banks of the Columbia River said to wife "see the South Platte River there?" she: where? me: over there?  she; that? me: yes, that's the largest river in the State east of the mountains  she; you're kidding me, that's not a river...
01[15:40] {Threei}  just waiting to see how this IWM resolves, scalp or more
[15:42] {dino} to funny ron
[15:42] {dino} too
[15:43] {dino} i'm bored, so think at the close i will hit my sisters pub for happy hour.
[15:43] {RonS} the Army Corps of Engineers actually turns the river on and off...true story
[15:44] {dino} lake wallenpaupack (near me) pp&l does the same for power generation, sometimes the ice is two feet above the water level
[15:46] {RonS} named for german/indian halfbreed?
[15:46] {dino} indian
01[15:48] {Threei}  ok closing this thing
01[15:48] {Threei}  thank you, have a good evening
01[15:49] {Threei}  see oui tomorrow
[15:49] {dino} i'm done too, gn all

Mar 04 2015

Nice strong day again, with 1:4s and 1:2s, and couple smallish stops.


Session Time: Wed Mar 04 00:00:00 2015
[09:10] {dino} gm, the cold weather continues. had 8 inches snow sunday, 6 inches last night, and calling for 4 inches tonight. we are over 70 inches this year, and we average 48 inches.
01[09:11] {@Threei}  dino :)
[09:16] {RonS} gm...Feb broke snow record here 24 in, got another 3 last night...we average 60 but half of that usually comes mar/apr when the sun comes the next day...now cloudy and 11...
01[09:17] {@Threei}  ron :)
[09:18] {dino} first day here above 20s since mid january
[09:18] {RonS} veev hooked a bunch...drilled over a purchase...no touch here
[09:27] {RonS} veev...might try around $26 if later in the day
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -CNDO +30% (entered collaboration agreement with TGTX)
01[09:29] {@Threei}  -W +19% (earnings)
01[09:29] {@Threei}  -LXRX +13% (earnings)
01[09:29] {@Threei}  -SWHC +10% (earnings)
01[09:29] {@Threei}  -AEO +9% (earnings)
01[09:29] {@Threei}  -AMBA +8% (earnings)
01[09:29] {@Threei}  -TIVO +6.3% (earnings)
01[09:29] {@Threei}  -TSL +3.3% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -BOBE -20% (earnings; negative broker commentary)
01[09:29] {@Threei}  -TNET -17% (earnings)
01[09:29] {@Threei}  -BV -15% (earnings)
01[09:29] {@Threei}  -VEEV -13% (earnings)
01[09:29] {@Threei}  -ANF -6.7% (earnings - comments on CEO search)
01[09:29] {@Threei}  -CYTX -4% (earnings)
01[09:29] {@Threei}  -AA -2.7% (premarket downgrade)
01[09:31] {@Threei} Short Setup: FB  .80 break
01[09:32] {@Threei}  If holds  .90
01[09:32] {@Threei}  1:1
01[09:32] {@Threei}  in a blink of eye
01[09:32] {@Threei}  1:2
[09:33] {jfjf64} Mornin
01[09:33] {@Threei}  jf :)
01[09:34] {@Threei} Long Setup:  VXX  .85 break
01[09:34] {@Threei}  1:1
[09:38] {jfjf64} Iwm 122 break
01[09:38] {@Threei}  nah
01[09:38] {@Threei}  VXX time still
01[09:39] {@Threei}  1:2
[09:39] {jfjf64} Yes
[09:39] {jfjf64} My bad there
01[09:39] {@Threei}  1:3
[09:39] {jfjf64} Nice
06[09:40] * @Threei slaps jfjf64 around a bit with a large roll of cash
[09:40] {jfjf64} Pls do
[09:41] {jfjf64} Sbux .40 break
[09:43] {jfjf64} Nope
01[09:45] {@Threei}  *(US) FEB FINAL MARKIT SERVICES PMI: 57.1 V 57.0E
01[09:46] {@Threei}  closed VXX at 1:4
01[09:46] {@Threei} Long Setup:  IWM  .90 break
01[09:46] {@Threei}  If holds  .80
01[09:47] {@Threei}  change to .85
01[09:47] {@Threei}  If holds  .75
01[09:47] {@Threei}  bounce time
[09:48] {jfjf64} Did I ever tell you I hate subs coffee
[09:48] {jfjf64} Sbux
01[09:48] {@Threei}  yes, and I violently agreed with you
[09:49] {jfjf64} Star Wars and sbux
[09:49] {jfjf64} New I liked ya vg
[09:50] {dino} added veev calls
01[09:50] {@Threei}  no go
[09:50] {jfjf64} Morni Dino
[09:51] {dino} gm
01[09:52] {@Threei} Long Setup:  MCD  40 break
01[09:52] {@Threei}  If holds  .30
[09:53] {jfjf64} Iwm .80
[09:56] {dino} f%#k, missed true gap fill
01[09:56] {@Threei}  IWM rinse
[09:59] {jfjf64} She got me early she owes me
01[09:59] {@Threei}  you in?
[10:00] {jfjf64} Y
01[10:00] {@Threei}  [EUR/USD] Moves below 1.1100 for a fresh 11 year low
[10:00] {jfjf64} Love mcd here
01[10:00] {@Threei}  *(US) FEB ISM NON-MANUFACTURING COMPOSITE: 56.9 V 56.5E
[10:00] {jfjf64} .25
01[10:01] {@Threei}  [MCD] Confirms McDonald's USA Announces New Antibiotics Policy and Menu Sourcing Initiatives Actions Are Part of Company's Global Commitment to Address Customers' Changing Expectations and Preferences
[10:01] {jfjf64} Yikes
[10:01] {cosmo} they should buy out sbux
[10:02] {jfjf64} Out ism
[10:02] {jfjf64} Iwm
01[10:02] {@Threei}  wtg
[10:02] {jfjf64} In mcd 26
01[10:02] {@Threei}  to wash down crappy burger with crappy coffee?
[10:03] {jfjf64} Tight stop ofcours
[10:04] {cosmo} i hear sbux uses coconut milk now
01[10:05] {@Threei}  which changes nothing about coffee
01[10:05] {@Threei} Short Setup: FCX  .55 break
01[10:05] {@Threei}  If holds  .65
[10:05] {cosmo} i take mine at room temperature in an I.V.
[10:06] {cosmo} home made of course
[10:07] {jfjf64} Out mcd
01[10:07] {@Threei}  1:1
[10:08] {jfjf64} Was watching cce got caught up in shit burger
[10:10] {jfjf64} Fb s .75
[10:11] {jfjf64} No go
01[10:24] {@Threei}  die FCX
[10:25] {jfjf64} Die baby
[10:26] {jfjf64} Today you become teenager
01[10:26] {@Threei}  lol
01[10:26] {@Threei}  1:2
[10:26] {dino} lol
01[10:29] {@Threei}  oil inventories
01[10:30] {@Threei}  *(US) DOE CRUDE: +10.3M V +4.5ME
01[10:30] {@Threei}  oh boy
[10:32] {jfjf64} Cop
[10:32] {jfjf64} Xop
[10:33] {jfjf64} May be help FCC
[10:33] {jfjf64} Fcx
01[10:37] {@Threei}  jf switched into mode "drop by, share a nugget of wisdom, get out"
01[10:38] {@Threei}  1:3
01[10:48] {@Threei}  1:4 baby
01[10:48] {@Threei}  I am out
[10:57] {dino} gj
01[10:57] {@Threei}  ty
01[10:58] {@Threei}  (US) Justice Kennedy comments that there is a serious constitutional problem with the legal challenge to Obamacare - press **NOTE: Kennedy votes center-right on the Court and is often a swing voter. The Supreme Court is hearing the case challenging aspects of the healthcare law today and a decision is expected mid-year
[11:00] {RonS} ...if there was a problem they would not have accepted the case
[11:01] {RonS} don't understand what he is saying
01[11:01] {@Threei}  neither do I
[11:05] {RonS} besides, they shouldn't be commenting on a live case, before the ruling
01[11:22] {@Threei} Long Setup:  FB  .20 break
01[11:23] {@Threei}  1:1
01[11:26] {@Threei}  Pessimist sleeps with a knife under the pillow. Optimist does, too - in case someone comes to visit with a cake
[11:27] {dino} i like the book one better
01[11:29] {@Threei}  book one?
[11:31] {dino} a pessimist sells books, the optimist makes money
01[11:31] {@Threei}  :)
[11:34] {dino} 07 fast green
01[11:46] {@Threei}  The February ADP report was pretty strong, with another reading over 200K, just shy of expectations, and a big revision of the January reading to 250K from 213K prior. The annual benchmark revisions significantly boosted the numbers from all of 2014. The consensus estimate for Friday's February non-farm payrolls is around 240K, and the average gap between the ADP and BLS readings has been around 37K, suggesting the jobs report will remain in line with recent readings.
[11:48] {dino} rhi drop
[11:49] {dino} sm l .28
[11:50] {RonS} which dollar?
01[11:51] {@Threei}  hehe
[11:51] {dino} 61
[11:52] {dino} stop .00 brk
01[11:58] {@Threei} Long Setup:  VXX  .80 break
01[11:58] {@Threei}  If holds  .75
[12:05] {dino} ocul spike
[12:05] {dino} out rhi flat, wont move
[12:11] {RonS} hearing that kennedy questioning came during the trial...all the hospital stocks rallied on it
[12:12] {RonS} ...as if he is the only person there...
01[12:32] {@Threei} Short Setup: FB  .0 breeak
01[12:32] {@Threei}  .10
01[12:32] {@Threei}  If holds  .20
[12:37] {RonS} wtf...they already observe all the Jewish and ChrisitanNew York City will close schools to observe 2 Muslim holidays http://bloom.bg/1aLwBDw   holidays...pretty soon...no school:
[12:38] {RonS} lol screwed that up
01[12:38] {@Threei}  add chinese new year, anfd half of scool year is gone
[12:54] {dino} ll drop
[12:55] {RonS} CNBC app has just reported top US senator has requested investigation in Lumber Liquidators"
[12:57] {RonS} tweet says: if it works on dead bodies, why not on flooring...
[12:59] {dino} lol
01[12:59] {@Threei}  lol
[13:08] {dino} ll again
[13:18] {RonS} Russia accuses U.S. of plot to oust Putin http://bloom.bg/1CwMyJn
01[13:19] {@Threei}  and Europe - of putting their library on fire
01[13:19] {@Threei}  and Ukraine - of killing Nemtsov, with help of "anglo-sax"
01[13:20] {@Threei}  they are in business of accusing
01[13:42] {@Threei} Long Setup:  VCC  .65 break
01[13:42] {@Threei}  If holds  .60
01[13:42] {@Threei}  VXX
01[13:56] {@Threei}  1:2
01[13:57] {@Threei}  forgot to post 1:1
[13:57] {RonS} good one
01[13:57] {@Threei}  but I believe you can forgive me for that
01[13:57] {@Threei}  or not
01[13:57] {@Threei}  if not, I'll go pout some ashes on my head
01[13:57] {@Threei}  pour
[14:01] {dino} dwti drop
[14:02] {RonS} crude busted through 51 now 51.52
[14:05] {dino} dwti vsm l .50
[14:08] {dino} no go, stop -.33
[14:08] {dino} wtf rinsed
[14:21] {dino} nsr drop
[14:25] {RonS} FCC Bureau has ruled against Neustar $NSR with the Co. set to lose a phone number management contract
[14:26] {dino} ty
[14:26] {dino} sm l .82
[14:30] {dino} out nsr 22.05, +1.22
01[14:30] {@Threei}  wiw
01[14:30] {@Threei}  i=o
[14:30] {dino} :)
01[14:30] {@Threei}  not bad reward for 4 min work
[14:30] {dino} was laying out, glad i was
01[14:30] {@Threei}  yeah
[14:31] {RonS} 42% float short...caught some of them covering... gj
[14:31] {dino} ty, re-load?
01[14:35] {@Threei} Long Setup:  IWM  .45 break
01[14:35] {@Threei}  If holds  .35
01[14:42] {@Threei}  jf is in 2 min connection mode
[14:43] {dino} that sucks
[14:47] {jfjf64} Hey hey
01[14:47] {@Threei}  lol
[14:48] {jfjf64} How was action earlier
01[14:48] {@Threei}  not bad
01[14:48] {@Threei}  got 1:2 on VXX
01[14:48] {@Threei}  small stop
[14:48] {jfjf64} Nice
01[14:49] {@Threei}  scalp on FB
01[14:49] {@Threei}  decent day
01[14:50] {@Threei}  1:1  IWM
[14:51] {jfjf64} Got that
01[14:55] {@Threei}  Senate fails to get the 67 votes needed to override Obama's veto of Keystone pipeline bill
01[14:56] {@Threei}  - vote: 62 to 37
01[14:56] {@Threei}  wow FB
01[14:57] {@Threei}  watching for reversal setup
01[14:57] {@Threei}  .s fb .80 break
01[14:57] {@Threei}  If holds  .85
01[14:58] {@Threei}  meh
[14:58] {jfjf64} I'm watching
[14:59] {jfjf64} Twtr too
[15:00] {jfjf64} Twtr.70
[15:02] {jfjf64} Fb.90
01[15:03] {@Threei}  yes
01[15:03] {@Threei}  upward tail
01[15:04] {@Threei}  and SPY helps
[15:04] {jfjf64} 1/1both
01[15:05] {@Threei}  1:1
[15:05] {jfjf64} 13 ma holds both up
[15:05] {jfjf64} Twtr breaks it
[15:20] {jfjf64} Vxx here ??
[15:21] {jfjf64} .30
01[15:21] {@Threei}  desirably on pullback under .30
01[15:21] {@Threei}  if holds .25
[15:22] {jfjf64} K
01[15:23] {@Threei}  Report: House committee to subpoena emails from Clinton's personal account, sources say
01[15:24] {@Threei}  VXX on recross
[15:24] {jfjf64}  Bill or hillory
01[15:24] {@Threei}  Hillary
01[15:24] {@Threei}  her friendship with Monika is about to come out...
[15:25] {jfjf64} Ugh
[15:27] {jfjf64} He we go
[15:28] {jfjf64} Kiss of death
[15:28] {jfjf64} I like better now
01[15:29] {@Threei}  from FOMC 2009 transcripts just published:
[15:29] {RonS} she used her personal email exclusively when she ran State...totally against the law
01[15:29] {@Threei}  ROSENGREN: ...I agree with Presidents Evans & Yeltsin—Yellen—[Laughter]
01[15:29] {@Threei}  FISHER. I’ve gone drinking with Janet. She’s no Yeltsin. [Laughter]
[15:29] {RonS} lol
01[15:30] {@Threei}  ugh VXX
[15:30] {RonS} ..."but her beard is heavier than Boris's"
01[15:30] {@Threei}  hehe
[15:33] {jfjf64} .20 break vxx
01[15:35] {@Threei}  not sure
[15:36] {jfjf64} I ook it
[15:37] {jfjf64} 13 ma .23 holdin down
[15:38] {jfjf64} I'm a big 13 ma guy now
[15:38] {jfjf64} Lol
01[15:38] {@Threei}  if you were big, it would be 93 MA
[15:38] {RonS} will stick with jack ma here...
01[15:38] {@Threei}  13 is not big
[15:39] {jfjf64} What is jack ma
[15:40] {dino} lol
[15:40] {jfjf64} Bam
[15:40] {RonS} lol
[15:42] {RonS} $shak spike
[15:51] {dino} calling it a day, gn all
01[15:51] {@Threei}  me too
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorroe
01[15:51] {@Threei}  w
[15:52] {jfjf64} Good night all