Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Markets Shake Off New Ukraine Tragedy

- Global equities continued their steady march higher in the first half of the week. The DJIA closed at a record high on Wednesday while the S&P500 came within points of its record high earlier in July. Decent earnings reports from the big US banks and other blue chip firms, plus another healthy dose of M&A deals, including Fox's $80 billion bid for Time Warner, helped underpin the gains, while there was little negative economic data to get in the way. In the US, the June retail sales numbers were strong after ignoring a decline in reported auto dealer sales. On Thursday, all three US indices lost more than 1.0% after Air Malaysia flight MH17 was shot down over eastern Ukraine, in territory controlled by the pro-Russia separatists, with declines exacerbated by an escalation of the Israel-Hamas conflict as well as negative housing data in both the US and China. World leaders have called for an independent investigation of the tragedy, but the evidence strongly indicates that the rebels most likely downed the commercial airliner after mistaking it for a Ukrainian military transport. Markets erased all of the losses on Friday, however there is a feeling that the crash has drawn the western powers closer to confrontation with Russia. Even at the height of the selloff in the wake of Air Malaysia disaster, selling was orderly, showing no signs of panic. For the week, the DJIA gained 0.9%, the S&P500 rose 0.5% and the Nasdaq added 0.4%.

- In Ukraine, there have been calls for a ceasefire to facilitate an international investigation of the MH17 crash. Wielding the threat of more sanctions, President Obama again demanded Russia use its influence to curb separatist violence, while both the OSCE and US intelligence are fingering the pro-Russia Ukraine rebels for shooting down the airliner. German Chancellor Merkel warned that if it is found that a missile attack brought down the plane, it would constitute a grave escalation of the crisis. In the meantime, Russia President Putin and the rebels are loudly declaring their innocence. Less than 24 hours before the plane was downed, the US added Gazprombank, Rosneft Oil and other Russian companies and officials to its sanction list, while the EU was reportedly close to adding more sanctions.

- Fed Chair Yellen provided her semi-annual monetary policy report to Congress this week, including testimony before House and Senate subcommittees. Little new emerged from the testimony, as Yellen more or less reiterated all her standard policy positions. Yellen said rates would be more accommodative if the economic performance is disappointing and could increase sooner if the labor market continues to improve faster than expected. Some market participants seemed to believe Yellen took a more hawkish tone, however on the whole she stuck to her prior talking points. The one interesting note came in the text of the full Monetary Policy Report, which warned that small cap biotech and social media valuations are a bit high relative to historical norms. Shares of momentum tech and biotech names dropped after the report was disclosed. Some on Wall Street derided the Fed for commenting on such specific market segments, while others merely took it as a signal from the central bank that it is keeping a close eye on all markets.

- The June US housing starts and building permits numbers were not confidence-inspiring. The monthly starts missed expectations by over 100K and the reading was at its lowest level since September 2013. Meanwhile the May starts figure was revised lower. June single-family starts fell to 575K, their lowest level since November 2012.

- Morgan Stanley and Goldman Sachs both beat earnings and revenue expectations in second-quarter results, with strong gains in investment banking revenue helping to drive profits higher. JPMorgan's headline numbers also met consensus targets, but profit fell 8% y/y and revenue declined 3% y/y, while fixed income and equity revenue fell 15% y/y. Both Citigroup and Bank of America beat earnings expectations, although both banks took very large litigation charges that cut profit totals significantly in the quarter: Citi took a $3.8B charge and BoA took a $4.0B charge, both were related settlements DoJ investigations of mortgage-backed securities fraud.

- In one of the more surprising tech stories this week, ancient rivals IBM and Apple entered a cloud computing and mobile device partnership. Under the deal, IBM will sell Apple devices with newly created business apps using IBM's big data framework. IBM's headline earnings were mixed, although revenue declined a hair y/y, dragged lower by much slower server sales. Shares of AMD fell sharply after the company reported revenue in its computing solutions chip unit was down 20% y/y. Intel's numbers were pretty strong, although its efforts to break into mobile continue to suffer.

- Microsoft said it would lay off up to 18,000 workers over the next year, and take a pretax charge of $1.1-1.6 billion to pay for the cuts. Two thirds of these cuts come in Microsoft's ill-fated hardware division, representing about half of the total employees that the Nokia deal brought into the company in April.

- Industrials General Electric, Honeywell and Johnson Controls reported solid, in-line earnings. Both GE and HON met expectations on good earnings and revenue growth, with FY14 guidance reaffirmed. With divestiture and restructuring costs, JCI's earnings were down sharply, but ex-costs the firm did well.

- Massive M&A deals were back in headlines. Rupert Murdoch's Twenty-First Century Fox made a $85/share, $80 billion bid for Time Warner, which rejected the bid. Subsequent reports indicated Fox could expand its offer up to $100/share. AbbVie reached a deal worth roughly $55 billion in cash and stock to combine with Shire. In other deal flow, AECOM agreed to acquire URS Corporation for $56.31/share in cash and stock in a deal valued about $6B, and Kodiak Oil & Gas agreed to be acquired by Whiting Petroleum in an all-stock transaction valued at $6B.

- For most of the week, EUR/USD remained locked in the same two big-figure range it has held since May. Key support in the pair remains the 1.3503 post ECB low in June and the 1.3477 January low. On Friday, cable took a nose dive as chatter made the rounds that an interview would be published over the weekend in which BoE Governor Carney made dovish comments. GBP/USD dropped from 1.7095 to 1.7040, prompting a denial from the BoE.

- On Monday the BOJ cut its FY14/15 GPD forecast to 1.0% from 1.1% as part of its quarterly review of targets and reiterated projections for FY15/16 and FY16/17 GDP as well as FY14-17 inflation. The BoJ maintained its economic assessment for the 12th consecutive meeting, commenting that "effects of decline in demand following front-loaded increase prior to consumption tax hike are expected to wane gradually." There were reports that the government would boost its economic outlook in the upcoming monthly report for the first time since January.

- China's Q2 GDP (+7.5%) and June industrial production (+9.2%, a five-month high) topped expectations, which in turn tamped down expectations that Beijing would be forced to add more stimulus beyond the targeted measures already being taken. Property investment numbers for the first half of the year were ugly: sales fell 6.7%, property construction fell 16% and home sales value declined 9.2%. The National Bureau of Statistics warned that cooling in the property market, while a reasonable adjustment, could create more pressure on broader economy. Later in the week, a report showed June property prices fell sequentially for the second consecutive month and the newly appointed Land and Resources minister signaled more tolerance for easing curbs on property investment.

TradeTheNews

July 18 2014

Catch of the Day, nice and easy 1:3 on IWM 

Very nice day overall, slow but steady, finishing with 1:2 AAPL short. 

Session Time: Fri Jul 18 00:00:00 2014
[08:43] {dino} gm 3i
01[08:49] {@Threei}  morning dino
01[08:58] {@Threei}  Malaysia airline is about done
01[09:02] {@Threei}  http://www.kyivpost.com/content/ukraine/separatists-admit-downing-a-civilian-plane-in-tapped-conversation-full-transcript-356545.html
01[09:06] {@Threei}  [HLF] Independent Herbalife Members Demand Opponents Stop Lies and Smears Herbalife will hold a press conference during the Herbalife Extravaganza in Chicago in order to take a stand against the continuing campaign of attacks and misinformation being waged by Bill Ackman and Pershing Square Capital Management
[09:08] {RonS} gm...that chimp w/ a gun post was very apropos...
01[09:08] {@Threei}  ron :)
[09:16] {nemo} sndk and kors look long, as do the indexes
[09:17] {troub} good morning
[09:17] {nemo} do something about that, will ya' Vad
01[09:17] {@Threei}  troub :)
01[09:19] {@Threei}  oh god
01[09:20] {@Threei}  the same family that lost two members in flight 370 disappearance, lost another two in yesterday's crash
01[09:21] {@Threei}  Angela Merkel: Talk of Russia sanctions after Malaysia Airlines plane crash in Ukraine 'premature'
01[09:22] {@Threei}  frau Ribbentrop
[09:22] {nemo} vxx dropping like a stone
[09:23] {dino} can't keep this bull down
[09:23] {nemo} only game in town
01[09:25] {@Threei}  YHOO gap is meek
01[09:25] {@Threei}  leeping an eye for short
01[09:25] {@Threei}  l=k
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -GTIV +12.0% (rejection of KND offer, positive broker comments)
01[09:26] {@Threei}  -ICLD +10.3% (announced new FY14 business backlog of more than $23M)
01[09:26] {@Threei}  -SWKS +9.3% (earnings)
01[09:26] {@Threei}  -REGN +9.2$ (positive 2-year Phase 3 VIVID-DME Trial of EYLEA (aflibercept) Injection results)
01[09:26] {@Threei}  -ERIC +7.7% (earnings)
01[09:26] {@Threei}  -PBR +5.0% (Chinese interest in Brazil oil, gas, petrochemicals)
01[09:26] {@Threei}  -GOOG +3.6% (earnings)
01[09:26] {@Threei}  -EWZ +3.4% (Brazil July Industrial Confidence/Inflation numbers)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -RP -23.6% (earnings)
01[09:27] {@Threei}  -NQ -22.8% (dismissal of PwC as auditor, new auditor is Bernstein & Pinchuk LLP)
01[09:27] {@Threei}  -AMD -17.1% (earnings)
01[09:27] {@Threei}  -CX -2.6% (earnings)
01[09:31] {@Threei} Short Setup: YHOO  .15 break
01[09:31] {@Threei}  If holds  .25
01[09:36] {@Threei}  no go
01[09:40] {@Threei} Long Setup:  FB  .70 break
01[09:40] {@Threei}  If holds  .60
01[09:40] {@Threei}  two-sided
01[09:42] {@Threei}  VXX decent bounce
01[09:48] {@Threei}  sheesh FB
01[09:49] {@Threei} Long Setup:  IWM  .70 break
01[09:49] {@Threei}  1:1
01[09:51] {@Threei}  1:2
01[09:51] {@Threei}  1:3
01[09:52] {@Threei}  out
01[09:54] {@Threei}  *(US) JULY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 81.3 V 83.0E
[09:56] {dino} added sndk calls
01[10:12] {@Threei} Short Setup: HLF  .50 break hl
01[10:12] {@Threei}  If holds  .65
[10:16] {dino} hubg drop
01[10:17] {@Threei}  1:1
[10:24] {nemo} VXX likely to be a long this afternoon
01[10:28] {@Threei}  (UR) Germany Chancellor Merkel: If it is found that a missile attack brought down the Malaysia airlines passenger plane, would constitute a grave escalation of the crisis
01[10:28] {@Threei}  wow, really?
01[10:34] {@Threei} Long Setup:  WMT  .60 break
01[10:34] {@Threei}  If holds  .50
[10:37] {dino} hubg smr l .45 hooker
[10:39] {cosmo} plane was off course, of course
01[10:41] {@Threei}  well, not as much as flight 370
01[10:46] {@Threei}  1:1
[10:52] {cosmo} just enough to get into a war zone...
01[10:56] {@Threei}  1:2
[11:05] {dino} aapl smr l .90
01[11:06] {@Threei}  [GLW] Forbes piece speculates that GLW could be an attractive takeover target - Cites the company's relatively depressed market value and high free cash flow yield as attractive to a buyer.
[11:06] {nemo} wonder who paid to plant that
[11:06] {dino} glw did
01[11:07] {@Threei}  hehe
[11:07] {nemo} cynic
[11:08] {dino} aapl to flat
[11:13] {dino} odd, nus crushed but not hlf
[11:14] {dino} out aapl .96, +.06
[11:19] {RonS} nus got a bac downgrade
[11:20] {dino} hubg stop .09 -.36
[11:23] {dino} kors smr l .97
01[11:37] {@Threei}  1:3
01[11:37] {@Threei}  out
01[11:37] {@Threei}  good boy WMT
[11:43] {dino} gj
01[11:46] {@Threei}  ty
01[12:03] {@Threei}  "The word "genius" isn't applicable in football. A genius is a guy like Norman Einstein."
01[12:03] {@Threei}  --Joe Theisman, NFL football quarterback & sports analyst.
[12:03] {cosmo} he's thinking of a different Norman
01[12:07] {@Threei}  (UR) President Obama: At least one US citizen died in MH17 crash, evidence indicates plane was shot down by a surface-to-air missile fired from an area controlled by Russia-backed separatists - We know that these separatists have received a steady flow of support from Russia - This was an "outrage of unspeakable proportions" - There must be an immediate ceasfire in Ukraine - Russia continues to support separatists and has not used its influence to help stop the violence - Would be too soon to assume the 'intentions' of those who fired the missile - US has the capacity to increase sanctions against Russa and is ready to do so, there is no military role for the US in Ukraine - Israel has the right to defend itself, but concerned about risk of escalation in Gaza conflict
[12:09] {nemo} too funny I place a short order and an order appears just ahead of me as soon as I push the button
01[12:11] {@Threei}  time to find that camera in your office
[12:11] {nemo} algo's on different feeds from the SIP
[12:13] {nemo} they're seeing my order before it goes through the SIP and gets posted
[12:18] {dino} kors stop
01[12:46] {@Threei}  Merkel: France must suspend delivery of Mistrals to Russia
01[13:03] {@Threei}  watching VXX for pullback entry
[13:10] {nemo} there was your pullback
01[13:10] {@Threei}  hmmm
01[13:10] {@Threei}  no
01[13:10] {@Threei}  should be a bit deeper one
01[13:10] {@Threei}  it's too early for a full-out drop
[13:11] {nemo} not for a Friday
[13:11] {nemo} when there is geopolitical tensions
[13:11] {nemo} are
01[13:11] {@Threei}  is... it's all ope thing
01[13:11] {@Threei}  one
[13:17] {nemo} should get to .30ish
[13:19] {nemo} buy under 28?
01[13:19] {@Threei}  I'd prefer closer to .90
01[13:20] {@Threei}  too high risk of a rinse otherwise
01[13:20] {@Threei}  ideally, drop under .90 and byt on recross
[13:20] {nemo} .92 breakout area
01[13:24] {@Threei}  ok
01[13:24] {@Threei} Long Setup:  VXX  .90 break
01[13:24] {@Threei}  If holds  .80
[13:27] {nemo} sob
01[13:27] {@Threei}  who? why?
[13:28] {dino} its working
[13:28] {nemo} jumped my order
[13:28] {nemo} not used to seeing it jump like that
[13:28] {dino} had bs in at .90, in at .899
[13:29] {nemo} oh a stop order?
[13:29] {dino} yes buy stop
01[13:29] {@Threei}  1:1
[13:30] {nemo} should be able to ride this for the rest of the afternoon
[13:30] {dino} added some calls in other account
[13:30] {nemo} vwap run anyway
01[13:30] {@Threei}  I will call this entry a perfect example of patience, thoughtfullness and, if I weren't as modest as I am, I'd call it wisdom
[13:31] {nemo} how's the shoulder?
[13:31] {dino} messing w/the trading gods
01[13:31] {@Threei}  :)
[13:31] {nemo} may I recommend an overdose of morphine?
01[13:31] {@Threei}  YES!!
01[13:31] {@Threei}  please
[13:31] {nemo} it'll kill my pain
01[13:31] {@Threei}  even if I take it?
01[13:32] {@Threei}  damn, this is one srious overdose
[13:32] {nemo} that's the point
01[13:33] {@Threei}  it wasn't until I got a kidney stone that I had a chance to appreciate just how far modern painkillers go... I could spend the rest of my life in that state, lol
01[13:36] {@Threei}  so, what do you call it when you know for sure, see it with your own eyes, can touch it - that something happened, and are being told right in your face that it didn't?
01[13:36] {@Threei}  Russian Defense Ministry: Russian military equipment, including Buk systems, not crossed border at Ukrainian section
[13:36] {nemo} the pain of marriage causes flight hallucinations
[13:36] {nemo} anywhere  but there
[13:37] {nemo} vxx wasn't supposed to do that
01[13:38] {@Threei}  (US) Panel of US judges have reportedly voted in favor of early release of some drug offenders from federal prisons - press - Congress can block the measure, but unblocked could lead to more than 45K prisoners being released by the end of the year next year - Reminder: on 1/30 DoJ said to be considering commuting the sentences of individuals convicted of low level drug charges
01[13:40] {@Threei}  english translation of the recprding I listened to yesterday appeared
01[13:40] {@Threei}  http://edition.cnn.com/2014/07/18/world/europe/ukraine-mh17-intercepted-audio/index.html?eref=edition
01[14:21] {@Threei}  so much for our theories, eh nemo? :)
[14:21] {nemo} yeah, well one theory deserves another
[14:22] {nemo} bull market
[14:28] {nemo} we're less than a buck from all time spy highs
[14:29] {dino} they are going to take this market to 20k before this bull dies
[14:29] {dino} one and two day corrections are all it gives up
[14:29] {nemo} well next year is the traditional retrace in a president's second term
[14:31] {dino} world is going to hell, but no fear in markets
[14:31] {nemo} and with interest rate's this low, no other game in town
[14:31] {nemo} Eh, it's not that bad
[15:02] {dino} ns drop
[15:03] {dino} smr l .08
[15:06] {nemo} wouldn't it be funny if we hit all time highs today
[15:07] {nemo} less than .60 away
01[15:09] {@Threei}  probably not, but doesn't smell like selling either
[15:10] {nemo} not a sign of selling on the algo
[15:11] {nemo} 90+ % of the available universe spoken for  93 stocks on strong side 23 on weak
[15:19] {nemo} looking like gap up Monday if no major news this weekend
01[15:21] {@Threei}  very much so
01[15:21] {@Threei}  although with all the tensions all over the world, I weouldn't want to carry any positions over the weekend
01[15:21] {@Threei}  anything's possible
[15:21] {nemo} they're hanging this on that plane, nothing else out of the ordinary going on
01[15:22] {@Threei}  Israel
01[15:22] {@Threei}  ISIS
[15:22] {nemo} that's not new
[15:22] {dino} problem is, most of the moves lately are gaps
[15:22] {nemo} Middle East has always been a cesspool
[15:22] {dino} not in, tough to play
01[15:22] {@Threei}  not new but dgree of tension changes, and right now it's very hgih
01[15:22] {@Threei}  yes dino... but still, better than to get caught on the wrong side
[15:23] {dino} ms stop .95 -.13
[15:24] {dino} don't know 3i, the wrong side only lasts a day
[15:24] {nemo} well, vxx will tell us if anybody is worried going into the weekend
[15:25] {dino} trying to get exposure for it through calls
[15:27] {dino} rise day for me, aapl, hubg, ns
[15:28] {dino} opps, rinse day
[15:28] {nemo} use conditioner myself
01[15:32] {@Threei} Short Setup: AAPL  ..37 break
01[15:32] {@Threei}  If holds  .45
[15:33] {nemo} BREAKING: Portugal's Banco Espirito Santo says it can't meet obligations, asks to be placed under 'controlled management'
[15:33] {nemo} if this doesn't do anything, go long
[15:34] {RonS} straight jacket?
01[15:35] {@Threei}  lol
[15:35] {nemo} that news isn't moving the market
[15:35] {dino} nobody cares about anything anymore
[15:35] {nemo} nope
[15:35] {dino} no fear
01[15:35] {@Threei}  it was at 14:49
01[15:36] {@Threei}  why would it move market now
01[15:36] {@Threei}  also... think of it this way
[15:36] {nemo} every dip is bought, look at spy daily, can't even drop the upper 3rd of the channel
[15:36] {nemo} the vxx isn't moving
[15:36] {nemo} no fear, nobody buying puts
01[15:36] {@Threei}  EU threw money at Greece, Portugal, Ireland and whatnot, to save itself,
01[15:36] {@Threei}  why would it be any different this time
[15:37] {nemo} didn't say it would be different
01[15:37] {@Threei}  someone else goes banrupt? it's not like they are going to say "oh well, OK, let's go home"
[15:37] {nemo} just stating..that bank is going under and the market doesn't care
01[15:37] {@Threei}  market doesn;t care for exactly this reason
01[15:37] {@Threei}  it knows it will be saved
01[15:38] {@Threei}  cover half AAPL
01[15:38] {@Threei}  stop to .41
01[15:43] {@Threei}  coveryin in full
01[15:44] {@Threei}  +.20
[15:44] {dino} gj
01[15:45] {@Threei}  ty, decent day
[15:45] {nemo} considering it was a grinder
[15:45] {nemo} any comments Ron?
[15:45] {dino} neg here
[15:45] {RonS} good week here ...ty guys
[15:45] {nemo} you sick Ron?
[15:46] {dino} ron, you're not posting trades anymore, why?
[15:46] {nemo} he's falling of on his Ronisms
[15:47] {nemo} so the 50 SMA is the IWM top
01[15:56] {@Threei}  OK guys, thank you all
01[15:56] {@Threei}  have a great weekend, see you Monday, unless world falls apart
01[15:57] {@Threei}  in which case see you Tuesday when they fix it
[15:59] {dino} gn all

July 17 2014

1:3 EBAY long, right after taking 1:2 on the short side

Session Time: Thu Jul 17 00:00:00 2014
[08:37] {dino} gm
01[08:37] {@Threei}  morning dino
01[08:48] {@Threei}  MSFT job cuts is stunning
[08:50] {dino} seriously, how can you have that many un-needed employees
01[08:50] {@Threei}  as govt demonstrates, easy
01[08:57] {@Threei}  A science team is investigating a mysterious crater or sink hole on the Yamal peninsula of northern Siberia. No cause is yet known. This hole in the ground is about 80 meters (87.5 yards) across.
01[08:57] {@Threei}  hmmm... Earth got horrified and started swallowing Russia?
[08:58] {nemo} shoulda' started with Washington
[08:59] {cosmo} A Kimberlite hole i think:  http://www.bing.com/images/search?q=kimberlite+hole&qs=n&form=QBIR&pq=kimberlite+hole&sc=8-11&sp=-1&sk=#view=detail&id=203CA042EF3CDE7536BFAECE076D9887851C9FB7&selectedIndex=2
01[08:59] {@Threei}  gotta practice first
[09:06] {nemo} sndk up against resistance
[09:07] {nemo} you get frc'd yet today dino?
[09:07] {RonS} gm lol
[09:07] {nemo} wow
01[09:07] {@Threei}  ron :)
[09:07] {nemo} sndk 99.70-100.38 in a blink
[09:09] {RonS} msft goulish
[09:10] {dino} lol, not yet
01[09:12] {@Threei}  Upside:
01[09:12] {@Threei}  -NEWL +40.1% (1-for-50 stock split momentum)
01[09:12] {@Threei}  -PRAN +17.0 (in-line Imagine trial results)
01[09:12] {@Threei}  -DRC +14.4% (SIE.DE takeover consideration)
01[09:12] {@Threei}  -ABMD +13.5% (earnings momentum)
01[09:12] {@Threei}  -SCSS +12.2% (earnings)
01[09:12] {@Threei}  -NTCT +6.4% (earnings)
01[09:12] {@Threei}  Downside:
01[09:12] {@Threei}  -SNDK -8.0% (negative price target moves)
01[09:12] {@Threei}  -MAT -7.9% (earnings)
01[09:12] {@Threei}  -CFX -7.8% (earnings)
01[09:12] {@Threei}  -OWW -5.9% (prelim results and offering)
01[09:12] {@Threei}  -YUM -2.3% (earnings)
01[09:12] {@Threei}  -LVS -2.5% (earnings)
[09:21] {nemo} http://goo.gl/z8CtDE
01[09:31] {@Threei} Short Setup: YHOO  .75 break
01[09:31] {@Threei}  .70
01[09:31] {@Threei}  If holds  .80
01[09:33] {@Threei}  EBAY...
01[09:33] {@Threei}  a bit ahead ofg itself
01[09:33] {@Threei}  YHOO stop to .76
01[09:34] {@Threei}  half out
01[09:34] {@Threei}  to .71
01[09:34] {@Threei}  out
01[09:35] {@Threei} Short Setup: EBAY  .40 break
01[09:35] {@Threei}  If holds  .50
01[09:35] {@Threei}  1:1
01[09:37] {@Threei}  1:2
01[09:40] {@Threei} Long Setup:  FB  .40 break
01[09:40] {@Threei}  If holds  .30
01[09:42] {@Threei}  nope
[09:50] {RonS} sndk brutal
01[09:50] {@Threei}  yeah
01[09:50] {@Threei}  tough read
01[09:51] {@Threei} Long Setup:  EBAY  .15 break
01[09:51] {@Threei}  If holds  .05
01[09:52] {@Threei}  1:1
[09:53] {RonS} lulu spike
[09:53] {nemo} kors also
01[09:53] {@Threei}  1:2
01[09:57] {@Threei}  1:3
01[09:59] {@Threei}  *(US) JULY PHILADELPHIA FED BUSINESS OUTLOOK: 23.9 V 16.0E
01[10:25] {@Threei}  SND... probably close to reversak again
01[10:25] {@Threei}  SNDK
[10:28] {dino} sndk smr l .80
[10:29] {dino} that sucked
[10:29] {nemo} got frc'd again
01[10:30] {@Threei}  a bit high entry maybe, after 60 cents bounce...
01[10:36] {@Threei}  A Russian jet has shot down a Ukrainian war plane, Ukraine's military has claimed, in a dramatic escalation of tensions on the two countries' common border.
[10:38] {dino} vxx l .37
[10:44] {nemo} frickin' chop city
01[10:48] {@Threei} Short Setup: IWM  .80 break
01[10:48] {@Threei}  If holds  .90
01[10:49] {@Threei}  [BLUE] TheStreet.com makes positive comments based on potential for gene therapy to become a blockbuster drug - Says its sickle cell disease treatment, now in phase I, could become a "massive blockbuster" if it proves effective. Also highlights LentiGlobin, a gene therapy for beta-thalassemia patients which is in early stage trials.
[10:50] {dino} phase 1, long way to go
01[10:50] {@Threei}  yeah
01[10:51] {@Threei}  no go
01[10:57] {@Threei}  [BABA] Reportedly now considering IPO in September - financial press - There had been some prior speculation that it could try to launch in early August
[10:59] {nemo} COG
[11:00] {nemo} two way
[11:00] {nemo} lotsa' natural gas stocks on the weak side today
[11:03] {nemo} wow, that's a jerk around
01[11:08] {@Threei}  IWM rinse
01[11:08] {@Threei}  idea was right
[11:09] {nemo} ali baba IPO after labor day
[11:09] {dino} vxx to .54
01[11:14] {@Threei}  grrrrr
[11:15] {dino} vxx to .77
01[11:15] {@Threei}  wtg
[11:16] {dino} o .87
[11:16] {dino} to
[11:16] {RonS} Malaysian passenger aircraft, Amsterdam to Kuala Lumpur, crashes in Ukraine near Russian according to tweets.
[11:17] {dino} out vxx .89, +.52
[11:17] {RonS} gj
[11:17] {dino} ty
01[11:17] {@Threei}  UA) Malaysia passenger aircraft (Boeing 777) has crashed (other reports indicate it was 'shot down') near the Russia border with Ukraine; flight was from Amsterdamn to Kuala Lumpur - Russia press - Reminder: Earlier today conflicting reports had Russia shooting down a Ukraine warplane in its territory. Ukraine claimed that Russia air force shot down one of its SU-25 aircraft in Ukraine
01[11:18] {@Threei}  there were reports on russian-speaking forums 20 min ago about asian-looking bodies taken out of shot down plane
01[11:18] {@Threei}  I dismissed them as delirious
01[11:21] {@Threei}  - Said to have been carrying 280 passengers and 15 crew members. - Said to have disappeared from radar while traveling at 30K feet (cruising altitude).
[11:22] {RonS} sndk looking short
[11:29] {dino} vxx l .14
01[11:30] {@Threei}  - Reports indicate the plane was shot down by the BUK missile system: (wiki: a family of self-propelled, medium-range surface-to-air missile systems developed by the former Soviet Union and Russian Federation and designed to engage cruise missiles, smart bombs, fixed- and rotary-wing aircraft, and unmanned aerial vehicles)
[11:30] {dino} wow
01[11:30] {@Threei}  I know Buk
[11:31] {dino} out vxx .26, +.12
01[11:31] {@Threei}  this is large anti-aircraft thingy, not a handheld rocket launcher
[11:32] {dino} how could they not know it was civilian plane?
01[11:32] {@Threei}  http://goo.gl/9avtSV
[11:33] {RonS} O reaction:  reBUKe
01[11:33] {@Threei}  who the hell knows what happened... bad organization, vodka, too much war enthusiasm, human error
01[11:34] {@Threei}  miscommunication at some step
[11:34] {RonS} ...Jack Bauer fail...
01[11:34] {@Threei}  yeah, could have been faster
01[11:34] {@Threei}  look at this thing: http://goo.gl/St5XHR
[11:36] {cosmo} sneaky way to do a no fly zone?
01[11:36] {@Threei}  (UR) Ukraine Govt now issuing commentary on the airliner crash; claim 'terrorists' separatists are responsible for downing the Boeing jet near the border with Russia - press - believe all passengers and crew were killed in the crash - Follow up: Separatists in Donetsk claim that they have no involvement in shooting down the Boeing airliner - Russia press
[11:39] {dino} yum blood
[11:40] {dino} the stock yum i mean
01[11:41] {@Threei}  lol
06[11:41] * @Threei crosses dino out of the vampire list
01[11:56] {@Threei} Short Setup: IWM  .10 break
01[11:56] {@Threei}  If holds  .20
01[11:58] {@Threei}  ugh
01[12:03] {@Threei}  jeez... second rinse on IWM short
01[12:03] {@Threei}  switching to shorting bounces instead of breakdowns
[12:03] {nemo} spy hit S4 on daily likely going up now for a while
[12:03] {dino} adding yum calls
01[12:03] {@Threei}  that palatable, eh?
[12:04] {nemo} oh jeez
01[12:06] {@Threei}  [HLF] Pershing Square confirms will hold presentation on HLF at 10:00ET on Tuesday, July 22 Pershing Square Capital Management today announced an upcoming webcast about its investigation of Herbalife Ltd.s Nutrition Clubs
01[12:07] {@Threei}  An in-depth analysis and examination of these clubswhich Herbalife claims are simply social gatherings that bring people together to focus on good nutrition and exercisereveal that they are another deceptive facet of Herbalifes pyramid scheme.
01[12:10] {@Threei}  wow
01[12:11] {@Threei}  Ukrainian information agency spotted rebels' exchange where they brag about downed airplane, not realizing what they shot down
01[12:11] {@Threei}  time and place are exact match
01[12:27] {@Threei} Short Setup: HLF  .60 break hl
01[12:27] {@Threei}  If holds  .70
01[12:46] {@Threei}  the funniest gun safety ad I've seen: https://www.youtube.com/embed/qKHeXC7L85s?rel=0
[12:48] {nemo} aapl looks short
[12:48] {nemo} AAPL
01[12:53] {@Threei}  good call
[12:55] {nemo} not as dumb as I look
[12:59] {RonS} lol...Relations with Russia going downhill fast, especially after they took Jack Bauer captive Monday
01[13:00] {@Threei}  well, it was to be expceted, wasn't it... after all, we can forgive a lot, Ukraine, Syria, whatever - but Jack Bauer?? no
[13:12] {dino} stc yum calls from 2.70 to 3.30, +.60/22%
[13:12] {RonS} wtg
[13:12] {dino} ty
01[13:14] {@Threei}  here is what happened with that plane: https://www.youtube.com/watch?v=hO5TNU3fiJo
01[13:58] {@Threei} Short Setup: AAPL  .50 break
01[13:58] {@Threei}  If holds  .60
01[14:02] {@Threei}  [HLF] Issues response to Pershing Square (ahead of Pershing's scheduled presentation next week) Herbalife has the utmost trust in the integrity of our business model and that we are in compliance with all applicable laws and regulations. We are cooperating fully with the FTC and welcome the opportunity to clear up misinformation in the marketplace.
01[14:03] {@Threei}  1:1
[14:07] {dino} lci may gap filled
01[14:10] {@Threei}  (US) President Obama intends to briefly talk about the recently downed Malaysia aircraft at previously scheduled speech in Delaware
[14:11] {dino} he will say shame on you, and that will be that
01[14:12] {@Threei}  come on dino, don't be such a cynic. He will also wag his finger
[14:12] {dino} that goes without saying, plus he will titlt his head back so his eyes stare down
01[14:13] {@Threei}  and do his "whispering obama" impression
01[14:13] {@Threei}  now we are talking
01[14:14] {@Threei}  also, we might see the most powerful WH weapon - pouting Michelle on TV, holding banner #DontsShootOurPlanes
[14:14] {dino} lol
[14:14] {dino} and then hillary stating it ws shot down because of a internet video
01[14:15] {@Threei}  right
[14:15] {dino} so you must respect their idiotic beliefs while giving up your right to fee speech
01[14:16] {@Threei}  last poll in Ukraine: 50% would have hung Putin with please, 30% - without any pleasure, 20% - haven't decided with which feeling they would have hung him
01[14:16] {@Threei}  pleasure
01[14:29] {@Threei}  1:2
[14:41] {nemo} off to another doctor c u
01[14:41] {@Threei}  take care
01[14:46] {@Threei} Short Setup: LULU  .05 break
01[14:46] {@Threei}  If holds  .15
01[15:05] {@Threei} Short Setup: AAPL  .20 break
01[15:05] {@Threei}  If holds  .30
01[15:08] {@Threei}  valid
01[15:17] {@Threei}  1:1
01[15:34] {@Threei}  (UR) Ukraine Govt security department indicates that it intercepted a separatist (rebel) phone call regarding the downed passenger airline and will release details soon - press - Claims that the discussions were regarding the downed plane and that the separatists called a Russian cell phone number.
01[15:34] {@Threei}  just watched it... quite a conversation
01[15:36] {@Threei}  (IL) Reportedly Israel has begun a ground invasion of the Gaza Strip - press - Power has reportedly been cut to Gaza, bombing and shelling of the territory continues.
01[15:36] {@Threei}  may we live in interesting times...
[15:38] {dino} thoughts on tomorrw? more down?
01[15:38] {@Threei}  looks this way
[15:39] {dino} bounce backs have been strong
01[15:39] {@Threei}  oh yeah, it's still a bull market
01[15:39] {@Threei}  but tensions are too high everywhere, feels like some panic nearest time
01[15:47] {@Threei}  1:2
01[15:47] {@Threei}  closed the trade
01[15:47] {@Threei}  thank you all, have a good evening
01[15:47] {@Threei}  see you tomorrow'
[15:48] {dino} stc vxx calls from 7/2, +.59/23%
[15:51] {dino} gn all

July 16 2014

TWTR 1:3 short - not too bad, after 1:3 on FB long earlier

With another 1:3 on JOY short and 1:2 on ESRX long, difficult to find any fault with this day.


Session Time: Wed Jul 16 00:00:00 2014
[08:41] {nemo} spy going for new alltime highs in the pre market
01[08:41] {@Threei}  and why not
[08:42] {nemo} just reporting, mine is not to reason why...
01[08:42] {@Threei}  I mean, any new scare they come up with looks nore and more ridiculous
01[08:42] {@Threei}  Portugal? shrug
[08:43] {dino} gm
01[08:43] {@Threei}  dino :)
[08:53] {dino} value added "william blair cut kors to market perform" this after it falls in 3 days from 92 to 79
01[08:53] {@Threei}  lol
[08:54] {nemo} DAX up 1.44%
[08:59] {nemo} what great jobs:  economist, weatherman, equity analyst
[09:00] {nemo} frickin' humid again here...swamp rot everywhere
[09:01] {nemo} TWX might be fun today, in a flossing with barbed wire kinda' way
[09:01] {dino} watching it
[09:01] {nemo} oh, so the sun rose this morning, duh
[09:04] {RonS} gm all, ever the churlish one...  :)
01[09:04] {@Threei}  ron :)
[09:04] {RonS} fyi:  http://www.cityrating.com/cityhumidity.asp?City=Denver#.U8Z3nctOWUk
[09:06] {RonS} ...and for those who have never been to CO:  http://matterdome.com/post/84-10-must-see-destinations-in-colorado/?aid=999
01[09:07] {@Threei}  that's quite dry ron
[09:08] {RonS} ya, my back tends to itch in the winter...
[09:09] {RonS} someone sold 100k igt puts a couple of days ago:  criminal
[09:11] {RonS} dems won't allow Murdoch to buy twx (think Lois Lerner)
[09:12] {nemo} http://msn.foxsports.com/buzzer/story/kriste-lewis-40-yea-old-mother-new-orleans-saints-cheerleader-071514
[09:14] {nemo} spy decent volume this morning
01[09:17] {@Threei}  Upside:
01[09:17] {@Threei}  -TWX +15.4% (acquisition proposal from FOXA)
01[09:17] {@Threei}  -TNDM +12.1% (positive broker comments)
01[09:17] {@Threei}  -IGT +9.6% (momentum from GTECH acquisition)
01[09:17] {@Threei}  -INTC +5.1% (earnings, positive broker comments/price target increases premarket)
01[09:17] {@Threei}  -TXT +3.3% (earnings)
01[09:17] {@Threei}  -AAPL +2.1% (deal with IBM to create apps)
01[09:17] {@Threei}  -IBM +1.8% (deal with Apple to create apps)
01[09:17] {@Threei}  -ABT +1.7% (earnings)
01[09:17] {@Threei}  -JBHT +2.3% (earnings and guidance)
01[09:17] {@Threei}  -HCA +6% (raised guidance boosting sector)
01[09:18] {@Threei}  Downside:
01[09:18] {@Threei}  -ININ -22.2% (earnings, guidance cut)
01[09:18] {@Threei}  -TSM -4.1% (negative broker comments)
01[09:18] {@Threei}  -ARCC -2.8% (stock sale)
01[09:18] {@Threei}  -YHOO -2.1% (earnings, negative broker comments)
01[09:18] {@Threei}  -BAC -0.6% (earnings)
01[09:18] {@Threei}  -HSY -0.7% (guidance and price increases)
01[09:18] {@Threei}  -BIOA -16% (secondary)
01[09:18] {@Threei}  -POZN -6% (update on FDA acceptance of PA8140 NDA)
01[09:20] {@Threei}  quite a few
[09:20] {troub} good morning you all
01[09:20] {@Threei}  troub :)
[09:21] {nemo} it's like having a root canal every morning
[09:22] {nemo} damn....out of vodka again
[09:23] {RonS} fwiw: Delivering Alpha Conference starts today...will move some stocks...
[09:25] {RonS} so 3i, it averages 15 in of precip here/yr and that's w/ ave of 60" of snow
01[09:25] {@Threei}  huh
[09:26] {RonS} one of the reasons the skiing is so good...dry powder...
01[09:26] {@Threei}  right
[09:28] {RonS} thc pop on Humana contract i guess...
01[09:28] {@Threei}  yeah
01[09:28] {@Threei}  THC Signs New Multi-Year National Agreement with Humana
[09:28] {RonS} kors blood continues on downgrades...
[09:30] {dino} gap area 76.80s
01[09:31] {@Threei} Short Setup: FB  .40 break
01[09:31] {@Threei}  If holds  .50
01[09:31] {@Threei}  lol
01[09:31] {@Threei}  1:1
01[09:33] {@Threei} Long Setup:  IWM  115 break
01[09:33] {@Threei}  If holds  .95
01[09:34] {@Threei}  nope
[09:34] {nemo} it's looing for the pivot at .80
[09:35] {nemo} spy almost gap filled
[09:35] {nemo} yep
01[09:36] {@Threei} Long Setup:  FB  .30 break
01[09:36] {@Threei}  If holds  .20
01[09:36] {@Threei}  Invalidated
01[09:38] {@Threei}  change to .15 break
01[09:38] {@Threei}  If holds  .05
[09:38] {dino} added kors calls
01[09:39] {@Threei}  stop .07
01[09:39] {@Threei}  1:1
01[09:40] {@Threei}  1:2
[09:41] {dino} slca sm s .50
[09:41] {dino} bs hod
01[09:44] {@Threei}  1:3
01[09:44] {@Threei}  out
01[09:47] {@Threei} Long Setup:  IWM  .70 break
01[09:47] {@Threei}  If holds  .60
01[09:47] {@Threei}  Invalidated
[09:49] {dino} slca stop -.26
01[09:49] {@Threei} Long Setup:  IWM  .60 break
01[09:49] {@Threei}  If holds  .50
[09:50] {dino} lci smr l .80 gappy
01[09:50] {@Threei}  wow FB... out too soon
01[09:50] {@Threei}  1:6
[09:54] {dino} \lci stop .35
[09:54] {dino} pnc sm l .80
[09:54] {dino} slca rinsed
01[09:59] {@Threei}  *(US) JULY NAHB HOUSING MARKET INDEX: 53 V 50E
[10:02] {dino} lci smr l .63 pulp
[10:05] {dino} lci stop .35 -.28
01[10:05] {@Threei} Long Setup:  C  .50 break
01[10:05] {@Threei}  If holds  .45
[10:06] {nemo} muddy out there
[10:07] {RonS} that is humid
01[10:12] {@Threei}  Invalidated
[10:12] {dino} lci sm l .87 last try wide
[10:13] {nemo} you like hfc short .45 break?
[10:14] {RonS} joy buyout rumor...
[10:15] {dino} lci stopped, things broken
01[10:16] {@Threei}  HFC, yes
[10:16] {nemo} wow, you should go on the rubber chicken circuit
[10:16] {nemo} strong side filling out
01[10:17] {@Threei}  capitalize symbols if you want me to see your question sooner
01[10:17] {@Threei}  it's difficult to discern stock mention
[10:17] {nemo} Ja wohl mis ami
01[10:17] {@Threei}  and sin no more
[10:18] {nemo} huh?
[10:18] {nemo} what?
[10:18] {nemo} no way?
[10:18] {nemo} no sinning?
01[10:18] {@Threei}  yeah, that was overboard
[10:18] {nemo} How can I repent if I haven't sinned?
01[10:18] {@Threei}  sin less often?
[10:18] {nemo} excuse me?
01[10:18] {@Threei}  sigh
01[10:18] {@Threei}  go and sin
[10:18] {nemo} thanks
01[10:19] {@Threei}  and we want photos
[10:19] {nemo} that was Rasputin's line, btw
[10:19] {dino} live in sin, come on in
01[10:19] {@Threei}  ah, favorite movie
[10:19] {nemo} I love how they throw those dark pool stop hunts in
[10:20] {nemo} HFC bid/ask at .32/.33 all of a sudden a .41 transaction comes off out of fadf
[10:21] {dino} pnc to .29
01[10:21] {@Threei} Short Setup: TWTR  .35 break
01[10:21] {@Threei}  If holds  .45
[10:23] {dino} out pnc +.50
[10:24] {dino} kors waking up
[10:25] {nemo} .50 pivot
[10:25] {nemo} .46
[10:29] {nemo} .52 spy range
01[10:30] {@Threei}  stop to .41
[10:31] {nemo} ooh...was having quote server issues and didn't know it
01[10:31] {@Threei}  half out
01[10:31] {@Threei}  1:1
[10:33] {dino} adding lci calls
[10:35] {RonS}  Investor Relations: Nothing new released to account for the move in the stock - Source TradeTheNews.com   JOY
[10:35] {nemo} no buying power again
[10:38] {RonS} which ones are nemo's ancestors?  https://twitter.com/HistoryInPics/status/489417173279207424/photo/1
[10:39] {dino} joy none avail edge
01[10:39] {@Threei}  1:2  TWTR
[10:39] {dino} gj
01[10:40] {@Threei}  [JOY] Financial blog that circulated earlier speculation of foreign firms bidding for JOY has now removed its earlier post; the post had cited a non-specific Swedish press source
01[10:40] {@Threei}  available for shorting here
[10:40] {RonS} also heard the server is in Panama...
01[10:41] {@Threei}  lol
[10:45] {dino} added joy puts
01[10:48] {@Threei}  1:3
01[10:48] {@Threei}  out
01[10:51] {@Threei}  1:4
01[11:03] {@Threei}  - Today is day two of Fed Chair Yellen's testimony before Congress, this time at the House of Representatives. Little new is coming out of the hearings. Yellen has reiterated that requiring the Fed to use a set, formal policy framework of rules would be a grave mistake.
01[11:04] {@Threei}  because, you know, it's bad to have predictable policy
01[11:04] {@Threei}  keep'rm guessing is the way to go
[11:11] {nemo} iwm looks short below .35
[11:12] {nemo} could be two way because SPY hasn't gotten to vwap yet
01[11:12] {@Threei} Short Setup: JOY  64 break hl
01[11:12] {@Threei}  If holds  .15
[11:15] {nemo} mmmhhh, VWAP is basically the 50 SMA on IWM
[11:16] {nemo} o.k. spy weakening a tad, should get 1:1
[11:17] {nemo} o.k.
01[11:18] {@Threei}  1:1
01[11:19] {@Threei}  1:2
01[11:21] {@Threei}  1:3
[11:29] {nemo} iwm stays under .20 looks lower
[11:34] {dino} for a rumor, joy holds in there, figured r3 target
[11:36] {RonS} lol...EU leaders could agree on broadest Russian sanctions yet as soon as today: http://bloom.bg/1jx8E5R
01[11:36] {@Threei}  I am holding my breath
[11:36] {nemo} well that's .50
[11:37] {RonS} scanner spitting solid opening range breakdowns...
[11:37] {nemo} should teach it better manners
[11:38] {RonS} ya, it was unusual...never seen it before
[11:39] {RonS} doing it again
01[11:46] {@Threei}  3 solid 1:3ers today
01[11:46] {@Threei}  no complaints
[11:49] {dino} gj
01[11:49] {@Threei}  ty
01[11:56] {@Threei}  According to it EU leaders could go beyond so-called "phase two" sanctions, which involve targeting individuals for travel bans and asset freezes. But it won't be all the way to "phase three", which constitutes sanctions on entire sectors of the Russian economy.
01[11:56] {@Threei}  not holding breath anymore
[11:57] {RonS} lol
01[11:58] {@Threei}  meanwhile, Russia wages unannounced war, sending columns of tanks and other heavy military equipment to rebels
01[12:04] {@Threei}  Russia set to reopen Soviet-era spy post on Cuba
01[12:04] {@Threei}  Russia has quietly reached a provisional agreement with Cuba on reopening a big Soviet-era base on the Caribbean island from which it spied in the United States, a Russian security source said on July 16.
[12:04] {dino} why not, obummer will simply scold him
01[12:05] {@Threei}  gives whole new meaning to the word "reset"
01[12:06] {@Threei}  remember the clip with Hillary horse-like roaring laughter while hitting red "reset" button with Lavrov?
01[12:06] {@Threei}  I hope they play it when election comes
[12:08] {RonS} freakin ridiculous...epa economy distortion:  Why importing coal from Russia is good for the U.S.
[12:08] {RonS} http://bloom.bg/1n8lYi1
01[12:09] {@Threei}  through the looking glass...
01[12:10] {@Threei}  http://www.nationalreview.com/campaign-spot/372373/infamous-reset-button-stolen-hotel-pool-or-jacuzzi-jim-geraghty
01[12:13] {@Threei}  ah, here is the clip... very lady-like laughter: https://www.youtube.com/watch?v=0GdLClHAMB0
[12:59] {RonS} hlf bleed
01[13:02] {@Threei}  10:13 [HLF] Pershing's Ackman planning to disclose results from a 2 year probe into the company next week - NY Post
[13:03] {dino} talking his book
01[13:03] {@Threei}  yeah, I guess no one suspects he will report everything is hunky-dory :)
[13:05] {nemo} indexes beginning to look short
[13:11] {nemo} rax
[13:11] {nemo} RAX short?
01[13:11] {@Threei}  chart's right, just a bit narrow
01[13:21] {@Threei}  missed great day, sami
[13:23] {nemo} esrx is short
[13:25] {sami_saeed} Hi!... I had a feeling today was going to be a good, Unfortunately I was stuck in meetings from 7-9
01[13:25] {@Threei}  life... always getting in the way
[13:25] {sami_saeed} Very true!.
[13:27] {nemo} mmmhhh, this could be two way
01[13:27] {@Threei} Long Setup:  ESRX  .80 break
01[13:28] {@Threei}  If holds  .70
[13:30] {nemo} iwm looks like long setup
01[13:32] {@Threei}  a bit late, wanted it near .50
01[13:37] {@Threei}  not very clear now
[13:38] {nemo} it's still #1 red on the algo though
[13:45] {nemo} spy looking long
[13:46] {nemo} esrx shut off, so the long may be on
[13:48] {nemo} should go to above 66
[13:48] {nemo} 66.60 a possibility
01[13:48] {@Threei}  1:1
[13:54] {nemo} stop to .85 for me
01[13:55] {@Threei}  1:2
01[13:59] {@Threei}  Beige book
[13:59] {nemo} yep
01[13:59] {@Threei}  (US) FEDERAL RESERVE BEIGE BOOK: ECONOMIC ACTIVITY EXPANDED IN ALL REGIONS; AUTOS DOMINATED SALES GROWTH
[14:02] {nemo} that roof on esrx may mean more downside
[14:02] {nemo} ual
[14:03] {nemo} sorry]
[14:03] {nemo} gonna hit all time highs in the spy, going for stops
[14:08] {dino} frc drop
[14:08] {dino} sm l .25
[14:11] {nemo} news?
[14:11] {RonS} may be related to the earnings call...
[14:11] {dino} stop .94 -.31
01[14:12] {@Threei}  (RU) Sweden PM Reinfeldt indicates support for the next round of sanctions on Russia ('level 3 ' sanctions); there are obvious differences amongst EU leaders about tightening sanctions
[14:13] {nemo} this area should be inflection point
[14:13] {nemo} next area is whole number
[14:14] {nemo} 51.80 confluence too
[14:15] {dino} all over the place
[14:15] {dino} good earnings
[14:15] {nemo} CEO shtupping the secretary?
01[14:15] {@Threei}  which would ne news how?
[14:16] {dino} good for him
[14:17] {nemo} ok 51.80-52
[14:18] {nemo} next is 200 day at .54
[14:19] {dino} sm l .83
[14:19] {nemo} wow, nice javelin catching
[14:19] {dino} lucky
[14:20] {nemo} dcc dino
[14:20] {dino} used your .80 supp as trig once under
[14:20] {nemo} ahhh
[14:20] {nemo} whoa
[14:21] {dino} yeah, bit f'up
[14:21] {nemo} trying for 200 day
[14:21] {dino} hit it
[14:22] {nemo} wow, just be something really bad
[14:23] {dino} ugly secretary
01[14:23] {@Threei}  secretary must be unhappy
[14:25] {nemo} 50.80 next
[14:25] {nemo} elow that you start getting into the "there be dragons" area
[14:27] {nemo} women and children overboard
[14:30] {dino} brutal on no news
[14:35] {nemo} what a beat down
[14:36] {dino} you finding any news?
[14:37] {nemo} 49.80-50.15 next level no news
01[14:37] {@Threei}  [FRC] Weakness attributed to cautious guidance regarding efficiency ratio on earnings conference call **NOTE: in its earlier release, FRC said the Bank's Q2 core efficiency ratio was 56.3%, compared to 58.9% for the prior quarter and 55.5% for the second quarter a year ago
[14:38] {nemo} shit, while I was watching this fiasco iwm .85 short was perfect
[14:39] {nemo} bid comes up, they should try to drop it out
[14:39] {nemo} yep
01[14:40] {@Threei} Long Setup:  IWM  .30 break
[14:40] {nemo} spy going back to VWAP
01[14:40] {@Threei}  If holds  .20
[14:40] {nemo} see if they can drop the bid out again
[14:41] {nemo} offer came down
[14:42] {nemo} wow next is 49.20
01[14:43] {@Threei}  half out
[14:43] {nemo} and here comes the uptick rule
[14:43] {nemo} bang
01[14:45] {@Threei}  1:1
[14:45] {dino} frc sm l .90
[14:47] {dino} stop .60 -.30
[14:48] {dino} last try sm l .50
[14:50] {dino} what the frc(k)
[14:50] {nemo} good one dino
[14:51] {nemo} this is gonna' be one of those rocket shots when it finally bottoms
[14:51] {dino} yeah, but costly trying to figure it out
[14:51] {nemo} yep
[14:51] {nemo} but I haven't got a long signal yet
[14:52] {nemo} notice they try to bottom, then they drop the bids to see if offers will follow
[14:52] {nemo} until that sequence changes, we keep going
[14:52] {nemo} now indexees coming in
[14:54] {nemo} 47.50 next chart level but no signals even close
[14:56] {dino} putting it to the july call holders
[14:56] {nemo} now they'll try to get it back to test that bottom
[14:57] {nemo} now we're geetting some attempt at buying
[14:58] {dino} sm l .50
[14:58] {nemo} same bid dropping sequence though
[14:59] {dino} stop .19
[15:00] {nemo} 49.40 first level
[15:05] {dino} can it do vwap?
[15:05] {nemo} it can, will it?  that resistance level is quickly reaching 49
[15:08] {dino} pos
[15:08] {RonS} sorry but lol
[15:09] {dino} 45 strike i guess
[15:09] {RonS} 120 mi sh outstanding...all trapped
[15:12] {dino} stc joy puts flat
[15:15] {nemo} they just keep pulling the bids
01[15:17] {@Threei} Short Setup: IWM  .30 break
01[15:17] {@Threei}  If holds  .40
[15:19] {dino} last try smr .46
[15:19] {nemo} not much for bids there
[15:20] {dino} going to jump big imo
01[15:20] {@Threei}  valid still
[15:20] {dino} stop is .99 on 300
[15:20] {nemo} sorry bud, roof at 48ish
[15:21] {dino} close at 50
[15:26] {dino} FRC me you little FRCer
[15:27] {RonS} lol
[15:27] {nemo} KY on the desk dino?
[15:27] {RonS} perfect
[15:28] {dino} 3 million shares last hour
[15:30] {nemo} why would anybody buy this time of day
[15:33] {dino} theres the 45s
01[15:45] {@Threei}  thank you all, very nice day
01[15:45] {@Threei}  have a great evening, see you tomorrow
[15:52] {dino} gn all

July 15 2014

A few very nice trades, including 1:3 and 1:4, and a few stops that almost ate the profits. Back and forth day

Session Time: Tue Jul 15 00:00:00 2014
[08:31] {nemo} What time does Granmama speak?
[08:42] {nemo} I'm feeling ignored....
[08:42] {nemo}             ....sniff
[08:42] {nemo}             ....sniff
[08:42] {nemo}             ....sniff
01[08:49] {@Threei}  oh, don't cry
[08:49] {nemo} allergies
01[08:49] {@Threei}  ah... then do
[08:58] {nemo} kors might try for the gap in the daily today
[09:15] {troub} good morning you all
01[09:16] {@Threei}  troub :)
[09:16] {nemo} ugh!
01[09:16] {@Threei}  KORS might be a play, if spreas tighten
01[09:16] {@Threei}  spread
[09:17] {nemo} yeah...would expect an attempt to jam the shorts on the open
[09:19] {nemo} boy is it humid here again today, gonna' have another day of this
[09:22] {nemo} spy slightly over 1 mil shares, but granmama should throw molasses into the mix this morning
[09:26] {nemo} LO might be busy
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -CDXS +64.5% (tech collaboration with GSK)
01[09:29] {@Threei}  -LJPC +19.9% (positive pre-clinical data for LJPC-1010)
01[09:29] {@Threei}  -ROC +12.1% (merger with ALB)
01[09:29] {@Threei}  -CMA +7.8% (earnings, guidance)
01[09:29] {@Threei}  -LGF +3.7% (strategic collaboration w/Alibaba)
01[09:29] {@Threei}  -KITE +4.4% (positive broker comments)
01[09:29] {@Threei}  -WWW +3.1% (earnings, strategic realignment plan)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -LO -5.3% (acquisition by RAI)
01[09:29] {@Threei}  -VLO -2.9% (lowered guidance; MPC/PSX/TSO also down on light volume)
01[09:29] {@Threei}  -RAI -2.7% (acquisition of LO)
01[09:29] {@Threei}  -MO -0.7% (follow-through on RAI/LO deal)
01[09:29] {@Threei}  -APOL -1% (Dept of Ed review disclosure)
01[09:29] {@Threei}  -STEM -8% (stock offering)
01[09:29] {@Threei}  -AAN -6% (cut outlook)
[09:29] {ese} gm
01[09:29] {@Threei}  ese :)
[09:31] {ese} ljpc
[09:31] {nemo} kors 76.8 retrace of gap,
01[09:31] {@Threei} Long Setup:  FB  .80 break
01[09:31] {@Threei}  If holds  .70
[09:32] {nemo} .65 pivot
01[09:32] {@Threei}  valid
[09:32] {ese} dino type spreads .10 to .15 cents and more
01[09:33] {@Threei}  no go
01[09:36] {@Threei} Long Setup:  IWM  .75 break
01[09:37] {@Threei}  If holds  .65
01[09:37] {@Threei}  stop to .69
01[09:39] {@Threei}  1:1
[09:39] {nemo} finnie gap fill
[09:39] {nemo} spy entering overhead gap
01[09:40] {@Threei}  1:2
[09:42] {dino} kors smr l .74 pulp
[09:43] {nemo} if it can't get above vwap don't hang around imo
01[09:45] {@Threei} Long Setup:  FB  .60 break
01[09:45] {@Threei}  If holds  .50
01[09:46] {@Threei}  1:1
[09:55] {nemo}  RTRS - ESPIRITO SANTO GROUP'S HOLDING COMPANY RIOFORTE PREPARING TO FILE FOR CREDITOR PROTECTION IN LUXEMBOURG - SOURCES
01[09:57] {@Threei} Short Setup: TWTR  .75 break
01[09:57] {@Threei}  If holds  .85
01[09:59] {@Threei}  *(US) MAY BUSINESS INVENTORIES: 0.5% V 0.6%E
01[09:59] {@Threei}  (US) Fed Chair Yellen: Economy is continuing to improve - Congressional testimony
01[10:00] {@Threei}  (US) CBO: Long-term budget outlook includes slight downward revisions to US GDP growth, interest rates and healthcare costs
01[10:01] {@Threei}  no go
[10:01] {dino} oas sm l .00
[10:03] {nemo} no stocks strong, but not a single stock signaling on the weak side
[10:03] {nemo} I lied:  GMCR QCOR YELP on weak side
[10:04] {RonS} oil 99.56
[10:08] {dino} kors to .24
01[10:09] {@Threei}  TWTR rinse
[10:09] {nemo} breaks the swing high 82 should be easy
[10:10] {dino} out kors .34, +.60
01[10:10] {@Threei}  wtg
[10:10] {dino} ty
[10:11] {troub} good one dino
[10:11] {nemo} now it's a short again
[10:12] {dino} ty
[10:12] {dino} syna drop
[10:12] {nemo} full red on the algo dino
01[10:13] {@Threei}  this starts looking like fun... waiting for a bounce to short
[10:14] {dino} kors sm l .60
[10:15] {RonS} Fed's Yellen says small cap, biotech and social media forward PE ratios 'high relative to historical norms'
[10:15] {nemo} she's stockpicking now?
[10:15] {nemo} red side strong
[10:16] {dino} they know everything
01[10:16] {@Threei}  except whether housing was a bubble
01[10:17] {@Threei} Short Setup: FB  67 break
01[10:17] {@Threei}  If holds  .10
[10:18] {dino} out kors .10, +.50
[10:19] {troub} better than good
01[10:20] {@Threei}  grr
[10:22] {nemo} fb looks short
[10:22] {nemo} gap fill coming
01[10:23] {@Threei}  another rinse
01[10:23] {@Threei}  sheesh
[10:25] {dino} syna smr l .40
01[10:25] {@Threei} Long Setup:  IWM  115 break
01[10:25] {@Threei}  If holds  .90
[10:26] {nemo} just letting you know dino syna is the #1 weak stock today on the algo
[10:27] {dino} ty
[10:27] {dino} hard stop at lod brk
[10:28] {dino} gwph working that 78 gap
01[10:30] {@Threei} Long Setup:  CAT  .80 break
[10:31] {dino} oas stop .70 -.30
01[10:31] {@Threei}  If holds  .70
01[10:33] {@Threei}  not getting rhythm right
[10:34] {dino} put some tunes on
[10:34] {RonS} 3 black chick backup always worked for Joe Cocker...
[10:40] {dino} syna stop -.30
[10:42] {RonS} alb dino
[10:43] {dino} kors sm l .60
[10:53] {dino} oas l .50
01[10:53] {@Threei} Long Setup:  IWM  .40 break
01[10:54] {@Threei}  If holds  .30
01[10:55] {@Threei}  1:1
[10:55] {RonS} silver slam
01[10:55] {@Threei}  gold too
[11:00] {RonS} oil 98.32
01[11:02] {@Threei} Long Setup:  IWM  .30 break
01[11:02] {@Threei}  If holds  .20
01[11:05] {@Threei}  1:1
[11:05] {RonS} sorry that should have been 99.32...now 99.12
[11:06] {RonS} ...getting new glasses...
01[11:06] {@Threei}  1:2
[11:09] {nemo} vwap run
01[11:10] {@Threei}  1:4
01[11:10] {@Threei}  finally got couple decent ones
[11:11] {nemo} stop for me under .60
[11:12] {nemo} shooting for .96
[11:15] {nemo} oy vay
[11:17] {nemo} very hard going up today
[11:18] {dino} yeah
[11:19] {nemo} oh this will get it
[11:22] {dino} out oas .74, +.24
[11:23] {dino} kors to .96
[11:24] {dino} out, +.36
01[11:28] {@Threei}  - Fed Chair Yellen is testifying before the Senate this morning and more or less reiterating all her standard policy positions. Surprising nobody, Yellen said rates would be more accommodative if the economic performance is disappointing and could increase sooner if the labor market continues to improve faster than expected.
01[11:28] {@Threei}  The one interesting note came in the text of the Fed's official Monetary Policy Report to Congress, in which Yellen warned that small cap biotech and social media valuations are a bit high relative to historical norms. Shares of FB, TWTR and a few other momentum names came off a bit on the remarks.
[11:28] {dino} not much hitorical record for social media stocks
[11:28] {dino} historical
01[11:29] {@Threei}  no kidding
[11:31] {nemo} things sure going down easy
01[11:32] {@Threei} Long Setup:  TWTR  38 break
01[11:32] {@Threei}  If holds  .90
01[11:33] {@Threei}  that was actually the case last week, which made it nicely tradeable
01[11:33] {@Threei}  hope it's a sign of things to come soon
01[11:36] {@Threei}  nah
[11:37] {nemo} see if spy can close that gap below
[11:41] {nemo} for the less than faint of heart, gmcr looks short
[11:42] {nemo} .60 level stop
[11:43] {nemo} dramamine stock
[11:47] {nemo} spy down a whole .71 cents...
[11:47] {nemo} I feel like one of Pavlov's pets
01[11:50] {@Threei}  I feel like Pavlov
01[11:51] {@Threei}  dog to another dog: Look what I found out about this guy - every time I drool, he will nod, smile and write something in his diary
01[11:53] {@Threei} Short Setup: IWM  .25 break
01[11:53] {@Threei}  If holds  .35
01[11:55] {@Threei}  1:1
[11:56] {dino} here comes your spy gap
01[11:57] {@Threei}  1:2
[11:57] {nemo} spy gap fill just under .60 Weekpy pivot .54
01[11:57] {@Threei}  loving this
01[11:58] {@Threei}  you missed last week dino... was rich with this kind drops
01[11:58] {@Threei}  1:3
01[11:58] {@Threei}  me out
[11:58] {dino} saw some of that, was bumming
[12:05] {dino} oas sm  l .20
01[12:11] {@Threei}  NASA scientists say they're closer than ever to finding life beyond Earth
01[12:12] {@Threei}  isn't it a statement that remains true at any point in time?
[12:12] {dino} lol
01[12:12] {@Threei}  in 5 min they'll be 5 min closer yet, no?
[12:12] {nemo} I wonder if they'll ever find intelligent life n earth
[12:13] {nemo} on
[12:13] {cosmo} maybe its inside...
[12:13] {nemo} oh the internal world base 211 stuff
[12:14] {nemo} think I'll go with Shambala myself
[12:38] {dino} out oas .52, +.32
01[12:38] {@Threei}  wtg
01[12:38] {@Threei}  http://petapixel.com/2014/07/13/satirical-facebook-post-sparks-outrage-stephen-spielberg-hunting-triceratops/
[12:39] {dino} ty
[12:39] {dino} bita bouncing around
[12:40] {dino} gpro spike
[12:45] {dino} mobl drop
[12:54] {nemo} http://goo.gl/OBR0Cy
[12:54] {dino} kors sm l .53
[13:11] {nemo} vwap ceiling
[13:11] {dino} y
[13:15] {nemo} kors not moving with the indexes
01[13:44] {@Threei} Short Setup: IWM  .60 break
01[13:44] {@Threei}  If holds  .70
[13:46] {dino} watt drop
[13:48] {dino} sm l .26 ave
[13:51] {dino} kors stop -.30
01[14:07] {@Threei}  valid again
01[14:15] {@Threei}  (RU) Next round of sanctions against Russia said to focus on Russia companies and the potential cancellation of economic deals previously sought with Russia
01[14:16] {@Threei}  and NASA says they can see those sanctions approaching, around the same time thney intend to discover life on another planet
[14:19] {dino} out watt .60, +.34
[14:22] {dino} today seems like its lasting forever
01[14:25] {@Threei}  market needs to lull as many as possible into total complacency
01[14:25] {@Threei}  then fireworks start
[14:29] {dino} doing a good job on me, yawning
01[14:30] {@Threei}  you are not the target audience, you'll spring back to action on moment notice :)
01[14:31] {@Threei}  it's inWestor who wants safety of his principal... and waited 5 years to trust the market... and finally did, in 2014 {G}
[14:32] {dino} lol, iwestor, those were funny commercials.....now "lets light this candle"
[14:34] {dino} we may be close to serious pullback, at a few parties last week, everybody talking stocks
[14:35] {nemo} get any recommendations?
01[14:35] {@Threei}  shoe shiner indicator
01[14:43] {@Threei} Short Setup: TWTR  .90 break
01[14:44] {@Threei}  If holds  38
01[14:50] {@Threei}  wow
01[14:53] {@Threei}  finally
01[14:53] {@Threei}  1:1
01[15:20] {@Threei} Short Setup: TWTR  .70 break
01[15:20] {@Threei}  If holds  .80
[15:32] {nemo} o.k. doctor appointment time... P&Q
01[15:36] {@Threei} Long Setup:  IWM  .50 break
01[15:36] {@Threei}  If holds  .40
01[15:42] {@Threei}  half out
01[15:42] {@Threei}  stop .49
01[15:45] {@Threei}  closed balance on a trail
01[15:45] {@Threei}  thank you all, have a good evening
01[15:45] {@Threei}  see you tomorrow
[15:48] {dino} gn al;l
[15:48] {dino} all too

July 14 2014

Calm low volume moderately profitable day - your basic gap'n'stall. Got nice 1:3 on CAT short, among others.


Session Time: Mon Jul 14 00:00:00 2014
[08:50] {nemo} iwm short .23 break
01[08:50] {@Threei}  look at GLD
[08:50] {nemo} wow
01[08:51] {@Threei}  "obsession, obsession..."
[08:51] {nemo} DAX ripping, how much is futures levitation, and how much is the WeltCup Meisterschaft
[08:52] {nemo} great picture from finals yesterday
[08:52] {nemo} http://goo.gl/q31GIR
01[08:52] {@Threei}  not found
[08:52] {nemo} mmhhh, bummer
[08:53] {nemo} http://goo.gl/yi7r62
01[08:55] {@Threei}  good timing
[08:57] {nemo} yeah, and think about it, how many days a year is that picture possible
01[08:58] {@Threei}  if you are local, you can track these things
01[08:58] {@Threei}  here are apps that show you exact time when certain angle appears
01[08:58] {@Threei}  for both moon and sun
[09:12] {cosmo} astrology now?
01[09:12] {@Threei}  lol
[09:13] {cosmo} i stand corrected :)
01[09:13] {@Threei}  new round of sanctions hit not even russian persons but rebels
[09:14] {nemo} FB
[09:14] {nemo} OP EX week too
01[09:14] {@Threei}  one of them said "awww, so after victory over Kyiv I won't be able to celebrate in Vienne?"
[09:15] {troub} Good morning you all
01[09:15] {@Threei}  troub :)
01[09:17] {@Threei}  sheesh GLD
[09:21] {cosmo} Si needs to hold 20.80
01[09:21] {@Threei}  Upside:
01[09:21] {@Threei}  -PGNX +12% (FDA approval of RELISTOR)
01[09:21] {@Threei}  -KNDI +9.7% (JV sales)
01[09:21] {@Threei}  -ICPT +6% (DB initiation)
01[09:21] {@Threei}  -C +4% (earnings)
01[09:22] {@Threei}  Downside:
01[09:22] {@Threei}  -HLIT -13% (prelim earnings)
01[09:22] {@Threei}  -GTAT -6.2% (broker commentary)
01[09:22] {@Threei}  -RVBD -4.7% (guidance cut for Q2 to the low end)
01[09:22] {@Threei}  -ABBV -2.5% (purchase offer for SHPG)
[09:24] {RonS} gm guys
[09:24] {nemo} well iwm didn't work, looks like new ath this week on spy
01[09:25] {@Threei}  ron :)
01[09:25] {@Threei}  dino is sleeping in after the trip?
[09:25] {RonS} caught in the polar vortex?
[09:25] {nemo} spy took back two overhead gaps
[09:27] {dino} gm
[09:28] {ese} gm
01[09:28] {@Threei}  dino, ese :)
01[09:28] {@Threei}  welcome back
[09:28] {ese} vad dino
[09:28] {dino} ty
[09:28] {ese} British Open week dino at Hoylake in Liverpool
01[09:29] {@Threei}  KNDI
01[09:31] {@Threei} Short Setup: FB  .10 break
01[09:31] {@Threei}  If holds  .20
01[09:31] {@Threei}  Invalidated
01[09:32] {@Threei} Short Setup: KNDI  .15 break hl
01[09:32] {@Threei}  If holds  .25
01[09:32] {@Threei}  Invalidated
01[09:33] {@Threei}  FB setup is back
01[09:35] {@Threei}  stop to .16
01[09:36] {@Threei}  half out
01[09:36] {@Threei}  stop .11
01[09:40] {@Threei} Long Setup:  C  .70 break
01[09:41] {@Threei}  If holds  .60
[09:42] {nemo} .25 spy range, nice
01[09:44] {@Threei}  no go
01[09:47] {@Threei} Long Setup:  GLD  .70 break
01[09:47] {@Threei}  If holds  .60
01[09:56] {@Threei}  .80 break should catapilt it
01[09:56] {@Threei}  catapult too
01[09:58] {@Threei}  half out
01[09:58] {@Threei}  stop .64
01[10:03] {@Threei}  to .69 now
01[10:09] {@Threei} Short Setup: FB  .55 break
01[10:09] {@Threei}  If holds  .65
01[10:10] {@Threei}  1:2  GLD
01[10:10] {@Threei}  .80 break did explode it
01[10:12] {@Threei}  no go FB
[10:12] {nemo} fb likely to run into earnings
[10:14] {dino} le spike
01[10:16] {@Threei}  [LEA] CNBC's Cramer mentions the company as a potential takeover target - Reminder: 07/10 TRW: Confirms receipt of acquisition proposal; evaluating other strategic alternatives
01[10:28] {@Threei} Short Setup: C  .40 break
01[10:28] {@Threei}  If holds  .50
01[10:30] {@Threei}  Invalidated
[10:32] {dino} uwm hl l .70
[10:36] {dino} out uwm .94, +.24
[10:40] {dino} prgo spike
01[10:59] {@Threei} Short Setup: CAT  .80 break
01[10:59] {@Threei}  If holds  .90
[11:15] {dino} twm hl l .58 stop lod
01[11:17] {@Threei}  1:1
[11:19] {nemo} mpc looks short
01[11:20] {@Threei}  - Fed Chair Yellen heads to Congress this week for her semiannual monetary policy report. She will address the Senate Banking Committee on Tuesday and the House Committee on Financial Services on Wednesday
01[11:21] {@Threei}  Analysts expect that Congressmen will press Yellen to acknowledge the improvement in the labor market and higher inflation trends. The New Yorker has published a lengthy profile of Yellen. Although there is little in the way of news in the piece, it does reveal that before the crisis Yellen (like Bernanke) did not believe the housing bubble was something that could crash the economy.
01[11:21] {@Threei}  of course she didn't
[11:24] {nemo} never short a dull market
[11:24] {nemo} jeez.. all the elon musk stocks on fire
[11:29] {dino} pa just approved tesla dealrships
01[11:30] {@Threei}  TSLA Hearing strength attributed to positive analyst comments noting reports this weekend that China is moving to require more alt energy vehicles to fight pollution
[11:30] {nemo} 5 of them
[11:32] {nemo} yeah, scty was up also, now coming in
01[11:36] {@Threei}  1:2
[11:37] {nemo} worth watching scty to see how far it retraces
[11:37] {nemo} more of a dino stock
[11:38] {dino} toughie
[11:38] {nemo} should be good for 5 or 10k shares from you
[11:39] {dino} i never trade that big
[11:39] {nemo} I know
[11:39] {nemo} did you buy the golf course last week
[11:39] {dino} no golf, took wife, daughter, and niece
[11:39] {nemo} wow, penance
[11:40] {nemo} anyway...these Musketeer stocks running on that tsla news
[11:40] {dino} lol, but after 3 days of beach, yes
[11:40] {nemo} did the thought of swimming for Africa cross your mind
[11:40] {dino} no, but cold beer did
[11:41] {nemo} that likely crossed your lips
[11:52] {ese} with record temps here in BC....that cold beer is very appealing
[11:52] {dino} indeed
[11:53] {dino} bit of cold front coming my way, highs in low 70s
[11:53] {troub} record temps like what?
01[11:53] {@Threei}  Port Alberrni had 36C yesterday
01[11:54] {@Threei}  Victoria 32
01[11:54] {@Threei}  thankfully not in my area
01[11:54] {@Threei}  at such temps I feel like gnawing at someone's throat
01[11:55] {@Threei}  closed CAT at 1:3
[11:55] {troub} 97F, right?
[11:55] {dino} gj
01[11:56] {@Threei}  yes
01[11:56] {@Threei}  this is very high for us
01[11:56] {@Threei}  island, ocean breeze everywhere
[11:57] {troub} how about humidity
[11:58] {nemo} he's got frickin' palm trees there
01[11:59] {@Threei}  not very high
[12:00] {troub} Gives me a mental picture of Vad in a lounger with Vodka in hand under the shade of Palms in front of his Igloo.
01[12:00] {@Threei}  lol
[12:00] {dino} igloo cooler, right
[12:05] {nemo} An NSA agent walks into a bar. Bartender says "I have a new joke for you." The NSA agent responds "Heard it."
[12:12] {dino} out twm .82, +.24
[12:13] {nemo} bbby looks short here
[12:16] {dino} edn drop
01[12:17] {@Threei} Short Setup: WMT  .60 break
01[12:17] {@Threei}  If holds  .65
[12:42] {nemo} kss drop of .20
[12:45] {nemo} stop to .26
[12:49] {nemo} UAL short
[12:50] {nemo} stop to .23
01[12:53] {@Threei}  good one
01[12:53] {@Threei}  look, CAT had even more downside in it
01[12:58] {@Threei}  watching IWM for pullback entry
01[13:02] {@Threei}  missed .50
01[13:08] {@Threei}  ugh... got away
[13:08] {nemo} doo sso break of 118
[13:08] {nemo} or .98
[13:08] {nemo} little thin
[13:08] {nemo} but not bad
[13:09] {nemo} kss stop to .19
[13:09] {nemo} looks like a db should just declare victory
01[13:13] {@Threei} Long Setup:  CAT  .25 break
01[13:14] {@Threei}  If holds  .15
[13:16] {nemo} finally
[13:16] {nemo} stop to .16
01[13:29] {@Threei}  1:1
[13:29] {nemo} kss to .12
01[13:29] {@Threei}  (2 min ago but I had to wake up to register the fact)
[13:33] {nemo} stop to .06
[13:37] {nemo} C looks short
[13:38] {sami_saeed} By C you mean CAT?
[13:39] {nemo} By "C" I mean "Citibank"
01[13:39] {@Threei}  no, dofferent stock
[13:39] {nemo} aapl too
01[13:39] {@Threei}  different
01[13:39] {@Threei}  CAT is Caterpillar, C is Citibank
[13:39] {nemo} you just wake up Vad?
[13:40] {sami_saeed} Thank you.
01[13:41] {@Threei}  actually no nemo, I never did today
[13:41] {nemo} oh
[13:41] {nemo} stop to .03
01[13:42] {@Threei}  move your butt CAT
[13:43] {dino} pcyc sm l .17
[13:46] {dino} damn, thought 100 would act as magnet
[13:53] {dino} pcyc stop .84 -.33
[13:55] {dino} pcyc sm s .87
01[14:07] {@Threei} Long Setup:  LVS  .15 break
01[14:07] {@Threei}  If holds  .05
[14:07] {nemo} nothing really clear out there
[14:16] {dino} cov pcyc .44, +.43
01[14:16] {@Threei}  Invalidated
01[14:16] {@Threei}  nice one dino
[14:17] {dino} ty
[14:25] {nemo} kss could be setting up for another short here
01[14:27] {@Threei} Short Setup: LVS  75 break
01[14:27] {@Threei}  If holds  .10
01[14:53] {@Threei}  let's trail to .06
01[15:10] {@Threei} Long Setup:  IWM  .80 break
01[15:10] {@Threei}  If holds  .70
01[15:14] {@Threei}  change to .70 break
01[15:14] {@Threei}  If holds  .60
01[15:17] {@Threei}  let's let it dive under .60 and look for entry
[15:17] {dino} why so sure it goes up?
[15:17] {nemo} indexes are in no man's land right now
01[15:18] {@Threei}  not sure in anything, just going with what happened most often lately
01[15:24] {@Threei}  ok, let's tek it here
01[15:25] {@Threei}  stop .54
01[15:25] {@Threei}  tek = take
[15:25] {nemo} it's the pinko's fault
[15:25] {ese} it is not my fault
[15:26] {ese} well maybe a little..............ok it totally is
[15:26] {nemo} We'll take a vote...All in favor of it being ese's fault, type "Eye"
[15:26] {ese} are you happy
[15:26] {nemo} ese, who are you talking to?
[15:26] {ese} you
[15:27] {ese} i naturally assumed the pinko comment was directed at me
[15:27] {RonS} type eye...perfect...ese spelling...
01[15:27] {@Threei}  ese, nemo doesn't know that we islanders are man-eaters... let's just wait till he decides to visit
[15:27] {nemo} it was, I was talking about your subsequent comment
[15:27] {ese} awesome.....nemo you thinking of visiting?
[15:28] {ese} cool....another shiskabob party!!!!!!!!!!!!!!!!!!!!
[15:28] {nemo} always, but my father can no longer be left alone
[15:28] {ese} ah
[15:28] {nemo} water, burners, medicine, etc
[15:29] {nemo} have two doctor's appointments tomorrow
[15:30] {dino} you're a good son handling all that
[15:30] {nemo} my liver can't take it
[15:30] {ese} second that dino
[15:31] {ese} lol......thats the right approach
[15:31] {nemo} yeah, probably can't get through a metal detector anymore
[15:32] {dino} did that for my grandfather for years, unfortunately, it didn't matter, in the end the hired help conned him out of everything
[15:32] {nemo} watch spy break of .55
01[15:32] {@Threei}  1:1
[15:33] {dino} bma spike
[15:45] {nemo} this may be the second lowest spy volume day I've tracked
[15:52] {dino} calling it a day, gn all
01[15:53] {@Threei}  take care dino
[15:53] {nemo} so, your basic gap and nap
01[15:53] {@Threei}  closing IWM balance here
01[15:54] {@Threei}  got the pullback entry right for thos closing trade
01[15:54] {@Threei}  thank you all, have a great evening
[15:54] {nemo} yes, just talking about overall index movement
01[15:54] {@Threei}  see you tomorrow
[15:54] {nemo} .40 range all day
01[15:55] {@Threei}  yeah

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Volatility Picks Up, Correction Fears Rife 

- There was much talk about a looming equity correction among market participants this week. Global indices lost ground, very gradually in the US and most of Asia, and more dramatically in Japan and Europe. Trouble at a Portuguese bank midweek drove a brief rash of contagion fears that recalled the darkest days of the euro debt crisis, however the situation ended almost as soon as it had begun. Nevertheless, markets were reminded that unknown risks lurk everywhere as the Fed and the BoE gear up to exit easy policy even as the ECB struggles to deal with Europe's stubborn disinflation and flat growth trends. Alcoa rang in the June quarter earnings season with a strong quarterly report, and Wells Fargo offered a mixed report. For the week, the DJIA fell 0.7%, the S&P500 fell 0.9% and the Nasdaq declined 1.6%.

- Global markets were spooked on Thursday by problems at Portugal's largest bank, Banco Espirito Santo. Trading in shares of BES were suspended after a wealth management affiliate delayed a debt payment. The yield on Portugal's 10-year note surged to 4%, the highest since early April, and the yields on other peripheral Eurozone sovereign bonds pushed higher. Portuguese and EU officials rushed in to reassure markets that the situation was a one-off and the bank claimed to have plenty of capital on hand.

- Volatility trended higher this week, raising hopes that the dull-as-rain trading seen in the last month is over for now. After bottoming out at 10.28 last Thursday, a seven-year low, the CME's Volatility Index (VIX) ticked as high as 13.20, its highest level since mid-May. The volatility index is still 14% below its one-year average of 13.9 and has closed below that level for 49 days, the longest streak since 2007.

- Crude prices continued to slide, with the front-month WTI contract gliding from $103.70 to close out on Friday around $100.70. Brent futures dropped from $111.60 to close out the week around $107. In Libya, the National Oil Company lifted force majeure on recently regained oil ports, Es Sider and Ras Lanuf, and began discussions with OPEC about how to accommodate rising crude production. There has not been any real change in the situation in Iraq this week, with the fighting there causing little disruption to oil production.

- Wells Fargo was the first of the big banks to report second quarter results. The firm's numbers were mixed, reporting a 3% y/y increase in profits for the second quarter, although revenues ticked a bit lower and EPS was flat for the first time in years. The results reflect a decline in provisions for credit losses and slightly lower expenses, both of which helped offset a 39% y/y decrease in mortgage banking income. Mortgage originations were up over the first quarter but down more than 50% y/y. Executives said the pipeline of mortgage originations was better in the firm's third quarter, but still had not returned to pre-crisis levels.

- Commentary and numbers out of a spectrum of retail names this week suggest not all is well with the US consumer. Walmart CEO warned the hiring rebound has failed to lead to a rise in spending by Walmart's core of middle- and lower-income customers. Restaurant chain Bob Evans said that it sees consumer confidence adversely impacted by macroeconomic headwinds, including health care costs and unemployment. Home improvement supplier Lumber Liquidators guided Q2 lower, saying the demand it experienced following the tough winter did not carry into May and June. After mixed quarterly results, Family Dollar said its numbers reflected the economic challenges facing core lower- and middle-class customers. Finally the June same-store sales figures from L-Brands and Gap missed expectations.

- Airline stocks saw turbulent trading. Early in the week, Air France-KLM warned that rising competition from other airlines on long-haul flights, weak cargo demand and forex issues would reduce earnings more than expected. The slump in Air France's shares pulled major US airlines lower. Then on Wednesday United and American both issued positive second quarter updates. American hiked its Q2 pre-tax margin guidance and disclosed it has sold off its remaining portfolio of fuel hedging contracts, while United said its passenger revenue per available seat mile (PRASM) rose well above expectations thanks to better domestic and Pacific performance. United and American shares gained altitude on the guidance.

- Merger activity quieted down, with only a few deals in headlines. AbbVie raised its bid to acquire Shire, which has already rejected its prior takeover offer. AbbVie raised its cash-and-stock offer by 11%. Reynolds entered negotiations to acquire Lorillard. Imperial Tobacco is also in on the talks, looking to acquire certain brands to help Reynolds address anti-trust concerns. British American Tobacco, which holds 42% of Reynolds, is seeking to maintain an undiluted stake.

- Cable saw its first weekly decline against the dollar since May on signs that momentum in UK economic growth is starting to slow. The pound also fell against nearly all of its other major pairs. The May UK industrial production data slumped, seeing its biggest monthly decline in a year and a half, while June RICS and Halifax home price indices both surprised to the downside. As of July 4th, GBP/USD hit highs around 1.7180, the pound's best level since October 2008, and was back around 1.7110 as of Friday. EUR/USD remained trading in a tight range in the lower half of 1.36.

- US Treasury Secretary Lew travelled to Beijing this week to meet with his Chinese counterparts, who agreed to reduce but not end FX intervention. PBoC Chief Zhou has already signaled that he would like the yuan to reflect market forces, although the PBOC does not really have much independence from China's leadership. China Fin Min Lou Jiwei said that some FX intervention is still needed when China's recovery is not solid and money flows are unstable. USD/CNY exchange rate fell to a 3-week low of CNY6.1950 midweek.

- Initial economic data for the month of June out of China were generally less impressive than May figures but not particularly worrisome. CPI of 2.3% just missed the consensus estimate of 2.4%, as food component slowed to 3.7% from 4.1% and non-food remained unchanged at 1.7% y/y. First-half CPI is well contained below the 3.5% official target ceiling at 2.3%. Chinese trade balance was also lower than expected at $31.6B, with 7.2% exports growth undershooting the 10% forecast as shipments to Japan contracted by nearly 1%. Authorities do not appear concerned over the performance of trade however, expressing more willingness to tolerate renewed Yuan strength.

- In Japan, a 19.5% m/m drop in machine orders - the biggest on record - has renewed speculation the BOJ may be forced to undertake additional easing. Cabinet office has also lowered its assessment on machine orders to state the "increasing trend has been seen stalling", and investors will surely tune in to next week's BOJ policy statement to gauge the extent of its concern over the apparent impact of higher sales tax. The Nikkei225 underperformed regional indices, falling nearly 2% this week.

TradeTheNews

July 11 2014

Nice start to the day:

Addition:

Session Time: Fri Jul 11 00:00:00 2014
[09:15] {troub} good morning you all
01[09:16] {@Threei}  morning troub
[09:18] {nemo} like fingernails across a chalk board
[09:18] {RonS} gm...screech
01[09:18] {@Threei}  ron :)
01[09:18] {@Threei}  lol
[09:20] {nemo} think wfc tests the whole number
[09:22] {nemo} maybe not
[09:27] {nemo} yep
[09:31] {nemo} touched 51.04 which was the 6/4 close and bounced
[09:31] {nemo} that's also the 50 day
01[09:32] {@Threei} Short Setup: FB  .25 break
01[09:32] {@Threei}  If holds  .35
01[09:32] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  WFC  .10 break
01[09:34] {@Threei}  If holds  .05
01[09:35] {@Threei}  FB got away
01[09:36] {@Threei}  1:1  WFC
01[09:37] {@Threei}  1:2
01[09:37] {@Threei}  1:3
01[09:37] {@Threei}  out .45
01[09:38] {@Threei}  can I go home?
01[09:45] {@Threei} Short Setup: FB  .90 break
01[09:45] {@Threei}  If holds  65
01[09:47] {@Threei}  nope
01[09:51] {@Threei} Long Setup:  GDX  27 break
01[09:52] {@Threei}  If holds  .95
[09:53] {nemo} wfc @suport
01[09:57] {@Threei}  meh
[09:58] {nemo} fb might be short here
[09:59] {nemo} support @ .43
01[10:00] {@Threei}  HAL Signs Joint Venture with SPT Energy Group; this is Halliburton’s first joint venture for hydraulic fracturing services in China
01[10:00] {@Threei} Short Setup: GILD  .70 break
01[10:01] {@Threei}  If holds  .80
01[10:02] {@Threei}  valid
[10:04] {nemo} bbby short
[10:04] {nemo} algo running slow today Vad?
[10:04] {nemo} loco algo
[10:05] {nemo} summer plus weekly op ex
01[10:06] {@Threei}  first 1:4 play said "go home"
[10:06] {nemo} weak:  vfc bbby apa cog
01[10:06] {@Threei}  1:3.5
[10:06] {nemo} strong: ebay
[10:06] {nemo} that must be confusing for you since you are already home
[10:08] {nemo} DVN weak
[10:15] {nemo} QCOM looks short
[10:18] {nemo} finally bbby
[10:18] {nemo} and that's probably it, market looks strong
[10:18] {nemo} relatively anyway
[10:20] {RonS} urs news?
[10:20] {RonS} URS Corp. $URS said working with Citi, DBO Partners on possible sale - Reuters $$
01[10:21] {@Threei}  [URS] Reportedly have held talks to sell company in last few months; have hired advisors to consider sale
01[10:26] {@Threei} Short Setup: FB  .90 break
01[10:27] {@Threei}  If holds  66
[10:28] {nemo} aapl @vwap
01[10:33] {@Threei}  shrug
01[10:33] {@Threei}  typical one trade one kill day
[10:33] {nemo} fb earnings in a coupla weeks
01[10:34] {@Threei}  ?
[10:34] {nemo} glamour stock, probably runs higher into earnings
01[10:34] {@Threei}  does it mean it's not going to drop at all during this time?
[10:35] {nemo} the earth might end too
01[10:35] {@Threei}  we can only hope
[10:35] {RonS} polar vortex next week...
[10:35] {nemo} Kardashians are still alive
[10:35] {nemo} so isn't that Bieber puke
[10:35] {RonS} ...freakin Canadians...
[10:36] {nemo} I think all those migrant Russians in Canada drag the cold air their
[10:36] {nemo} there
[10:36] {RonS} lol
01[10:40] {@Threei}  might be... ukrainians though draw warmth and sun
[10:40] {RonS} hehe
[10:40] {nemo} nah, God lumps you all together
01[10:41] {@Threei}  go to Donetsk and repeat that on central plaza
[10:41] {nemo} I might be obnoxious but I'm not stupid
01[10:41] {@Threei}  oh, and... godspeed. Go toward the light
[10:42] {nemo} toward the brightest light
[10:42] {nemo} the horrors of the Bardo
01[10:42] {@Threei}  actually, these days you won't survive saying that in Kyiv either
[10:43] {nemo} my roof is in Moscow
01[10:44] {@Threei}  come to think of it... that claim won't win you any favors on red square either {G}
[10:44] {nemo} back to the obnoxious vs stupid meme
[10:44] {nemo} fb short now
[10:46] {nemo} nope
01[10:52] {@Threei} Long Setup:  WFC  .40 break
01[10:52] {@Threei}  If holds  .30
01[11:00] {@Threei}  [BBBY] Hearing recent strength attributed to vague chatter than an activist investor could be getting involved
01[11:09] {@Threei} Short Setup: GILD  .50 break
01[11:09] {@Threei}  If holds  .60
[11:18] {nemo} wdc
[11:18] {nemo} looks long
01[11:19] {@Threei}  1:1
01[11:21] {@Threei}  1:2
01[11:23] {@Threei}  1:3
01[11:23] {@Threei}  1:4, out
[11:24] {goinshort} nice V! - thanks
[11:24] {RonS} nice timeing gild story hit at the 15 about Senators asking for reasons for Solvaldi cost
[11:26] {nemo} headline risk worked out
[11:26] {RonS} gild responds:  it's the same reason that you exempt yourself from all the laws you pass...
[11:27] {RonS} adds:  it's also why male dogs lick their balls...
[11:27] {RonS} ...because they can...
01[11:28] {@Threei}  :)
[11:32] {nemo} SHPG
[11:32] {RonS} further, now you invest multi-millions in R&D and suffer the years before fda approval, and invent something that works and is safe...and have some idiot like you ask us why we won't give it away.  Then ban copyrights for all, and see how much investment and innovation you get...now go grill everyone who has a patent and leaves us alone...but if you won't explain to us why you cannot be
[11:32] {RonS} prosecuted and convicted of insider trading and prove to us that you are not short our stock
01[11:33] {@Threei}  nice
01[11:45] {@Threei}  Most Russians not ruling out nuclear war
[11:46] {RonS} vote on a start date?
01[11:46] {@Threei}  Intrade?
[11:47] {RonS} lol...they went bk
01[11:47] {@Threei}  yeah? I missed that
[11:48] {sami_saeed} Good Morning.
[11:48] {nemo} sbux vad
01[11:48] {@Threei}  morning sami
01[11:48] {@Threei} Short Setup: SBUX  .20 break
01[11:49] {@Threei}  actually, .22
01[11:49] {@Threei}  If holds  .30
[11:49] {RonS} wow, expecting a drip eh?
01[11:49] {@Threei}  lol
[11:49] {nemo} no a frickin' Kcup
[11:49] {nemo} IWM testing lows
01[11:52] {@Threei}  - US trading has been volatile this morning after yesterday's rollercoaster ride. As of writing, the DJIA si down 0.17%, the S&P500 is down 0.11% and the Nasdaq is up 0.20%.
01[11:52] {@Threei}  - Fed hawk Plosser minced no words in an interview on the first day of the Jackson Hole conference. Plosser warned that the Fed was falling behind the curve on rates and said he was afraid the FOMC could find itself in a situation where it was forced to play catchup with markets, raising fed funds faster than markets expected.
01[11:53] {@Threei}  - WTI crude is falling even lower this morning, down 1.5% today to $101.30.
01[11:53] {@Threei}  - In Europe, both Portuguese and EU officials have rushed in to reassure markets that the Banco Espirito Santo situation is a one-off and that contagion would result from a limited situation.
[11:53] {nemo} sbux not really participating in this bounce
[11:54] {nemo} oh oh
01[11:54] {@Threei}  stop to .26\
01[11:54] {@Threei}  no need to risk anything here
[11:55] {nemo} lunchtime on a summer Friday, nooope
[12:01] {RonS} don't really know why this is funny but:  BREAKING: Ukraine outlook to stable from negative by S&P; ratings affirmed.
01[12:02] {@Threei}  well, in a way it is
[12:10] {sami_saeed} Friends, I am new here, Just curious what is the difference between discussions & floor.
01[12:11] {@Threei}  #floor is just for the case when IO need to say something uncluttered by the chatter
[12:11] {nemo} Floor separates out the riff raff from the purity of Vad's guidance...His voice alone occupies the floor
[12:11] {nemo} mmmhhh
[12:11] {nemo} I'm not even drinking
[12:13] {RonS} thinkin nemo must be a Bill...
[12:13] {nemo} huh...
[12:14] {RonS} ...since he at leat thinks he is a Shakespeare...
[12:14] {RonS} least
[12:14] {nemo} actually, there is alot of conjecture there was no Shakespeare
[12:14] {RonS} bummer shot to all those festivals...
[12:26] {nemo} wdc, mmight be short here
[12:28] {RonS} and just think of all the actors that will have to go by:  ???? actor
[13:02] {nemo} afternon melt up
01[13:16] {@Threei} Long Setup:  SBUX  .35 break
01[13:17] {@Threei}  If holds  .29
01[13:20] {@Threei}  IWM
01[13:20] {@Threei}  watching for pullback entry
01[13:20] {@Threei}  near 115
01[13:21] {@Threei} Long Setup:  IWM  .05 break
01[13:21] {@Threei}  If holds  .95
01[13:22] {@Threei}  trail to .99 after .10 break
01[13:23] {@Threei}  trail
01[13:26] {@Threei}  take half off
01[13:26] {@Threei}  1:1
01[13:31] {@Threei}  closed on a trail
[13:31] {nemo} how about a 1:10er vad?
01[13:31] {@Threei}  yes sir
[13:31] {nemo} thanks
01[13:32] {@Threei}  gimmie a min sir
01[13:32] {@Threei}  coming right up sir
[13:32] {nemo} np
[13:32] {nemo} privyet
06[13:32] * @Threei slaps nemo around a bit with a large dose of realism in the bottle of Stolychnaya
[13:32] {nemo} actually thinking Qcom short here
[13:32] {nemo} Yeah, thanks, give me the panther piss
01[13:33] {@Threei}  I like QCOM short
01[13:33] {@Threei}  .20 break
01[13:35] {@Threei}  Canadian dollar died horrible death today
01[13:35] {@Threei}  pleasure to see
01[13:36] {@Threei}  10 more days like this, I'll be even happier
[13:41] {nemo} QCOM
01[13:42] {@Threei} Short Setup: QCOM  .20 break
01[13:42] {@Threei}  If holds  .30
[13:44] {nemo} frickin'water torture
01[13:45] {@Threei}  summer friday afternoon
[13:45] {nemo} o.k. heat stroke
01[13:45] {@Threei}  slow like one-legged snail in mollasses
01[13:46] {@Threei}  we did have heat wave over last couple days... in our own way of course
01[13:46] {@Threei}  about 27-28C
01[13:46] {@Threei}  thankfully, in the evening temp drops under 20, crisp and nice
[13:49] {troub}   http://www.forbes.com/sites/paulroderickgregory/2014/07/11/putins-failing-ukraine-scorecard/   Putin's Failing Ukraine Scorecard in Forbes.  You might enjoy, Vad
01[13:52] {@Threei}  thanks, reading
01[13:54] {@Threei}  a lot of truth in that article, troub
01[14:02] {@Threei}  Invalidated  QCOM
01[14:03] {@Threei}  *(US) JUNE MONTHLY BUDGET STATEMENT: $70.5B V $79BE - Receipts: $323.6B v $286.6B y/y - Outlays: $253.1B v $170.1B y/y
01[14:04] {@Threei}  isn't it remarkable? receipts grow, great - yet outlays outpace them handily
01[14:06] {@Threei}  QCOM was two-sided, nemo
[14:06] {nemo} yeah, the thought had crossed my mind vwap might be a draw
[14:06] {nemo} needs to hold .30
01[14:06] {@Threei}  mine too but I fainted before I could type it
01[14:07] {@Threei}  effort to think the thought was too much
01[14:38] {@Threei} Short Setup: IWM  .25 break
01[14:39] {@Threei}  If holds  .30
01[14:42] {@Threei}  meh
[14:47] {nemo} could make an argument for that setup again
01[14:55] {@Threei}  you are right'
[14:56] {nemo} wish I had brought up facebook to you
[15:03] {RonS} outta here early...thanks all...nice week here...world returns to normal next week...dino resumes building his fortune  :)
01[15:04] {@Threei}  take care Ron
[15:15] {goinshort} thanks everyone- cya monday
01[15:15] {@Threei}  have a good one gs
[15:16] {goinshort} you too!
[15:17] {troub} yard work calls with 102 "feels like"
01[15:18] {@Threei}  ouch
01[15:18] {@Threei}  ok guys, have good weekend
01[15:18] {@Threei}  see you monday