Jan 21 2015

Pretty much carbon copy of yesterday, and ending about the same.

[15:56] {dino} gn
Session Time: Wed Jan 21 00:00:00 2015
[08:56] {dino} gm
01[08:56] {@Threei}  dino :)
[08:59] {JoebiWan} morning
01[08:59] {@Threei}  jw :)
[09:12] {dptl} gm
01[09:13] {@Threei}  dp :)
[09:18] {dino} why is fxe ramping?
01[09:18] {@Threei}  Hopes of ECB action tomorrow dampened by Nowotny comments
01[09:19] {@Threei}  - ECB's Nowotny: ECB meeting will be an interesting one, but nothing to get overexcited about. He reiterated that did not expect deflation in Euro Zone. Harder to fight deflation than inflation, so must watch inflation developments 'closely'
01[09:19] {@Threei}  - UBS's Weber (former ECB member): No matter what Draghi does, do not expect to see inflation rates close to target in Europe for years
[09:20] {dino} ty
01[09:20] {@Threei}  :)
[09:20] {RonS} doodes
01[09:20] {@Threei}  ron :)
01[09:21] {@Threei}  never thought BC Ferries could cause such strong emotional reaction
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -SCOK +30% (underground coal gasification program approved as a technology demonstration project)
01[09:27] {@Threei}  -NFLX +19% (earnings)
01[09:27] {@Threei}  -NSP +7% (Starboard disclosed 13.2% stake; delivered letter to CEO & Board)
01[09:27] {@Threei}  -SMCI +5.4% (earnings)
01[09:27] {@Threei}  -DAN +5% (to be added to S&P 400 after close of trading on 1/22)
01[09:27] {@Threei}  -NTRS +4.8% (earnings)
01[09:27] {@Threei}  -CREE +4.5% (earnings)
01[09:27] {@Threei}  -RCPT +4.5% (positive broker commentary)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -EGO -12% (prelim FY14 production & FY15 production guidance)
01[09:27] {@Threei}  -ARNA -5% (selling 21M shares - 9.5% outstanding)
01[09:27] {@Threei}  -KERX -4.6% (offering $100M in shares - 7.8% outstanding)
01[09:27] {@Threei}  -ALNY -4% (priced 4.7M shares at $95/shr)
01[09:27] {@Threei}  -IBM -3% (earnings)
01[09:27] {@Threei}  -AMD -2.2% (earnings)
01[09:27] {@Threei}  -LVS -1.7% (negative broker commentary)
01[09:27] {@Threei}  -TSLA -1.6% (broker commentary)
01[09:28] {@Threei}  -QCOM -2.5% (resurfacing S6 speculation)
[09:28] {nemo} could be very dead day
01[09:30] {@Threei}  we can always watch yesterday's speech again
01[09:32] {@Threei} Long Setup:  VXX  .80 break
01[09:32] {@Threei}  If holds  .70
01[09:33] {@Threei}  change to .70
01[09:33] {@Threei}  If holds  .60
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1:3
01[09:34] {@Threei}  1:2
[09:35] {dino} gj
01[09:35] {@Threei}  ty
[09:38] {nemo} ECB bond program details just came out
01[09:38] {@Threei}  (EU) Reportedly ECB to propose around €50B in QE bond purchases per month, with program continuing for at least one year, for minimum total purchases of €600B
01[09:39] {@Threei}  - Focus to be on sovereign bonds, QE purchases will not begin before March
01[09:39] {@Threei}  IMF: Gulf Cooperation Council (GCC) nations may have to revamp budgets on lower oil prices, but they have cash buffers to absorb the impact of lower prices - Middle East nations could lose $300M in oil export profits on lower oil prices.
01[09:40] {@Threei}  good thing we managed to grab a good trade before this insanity
[09:40] {nemo} lucky thing
[09:41] {nemo} that could have been an ankle grabber of epic proportions
[09:42] {nemo} SPY topped yesterday's channel
01[09:42] {@Threei} Long Setup:  VXX  .80 break
01[09:42] {@Threei}  If holds  .70
01[09:43] {@Threei}  1:1
[09:43] {dino} imkta drop
01[09:43] {@Threei}  1:2
[09:45] {nemo} so amazing how that info can be timed with the 201 level in SPY
[09:48] {dino} deck sm l .60
[09:48] {nemo} Ugg
01[09:50] {@Threei} Long Setup:  DAL  .20 break
[09:50] {dino} lol
01[09:50] {@Threei}  If holds  .10
[09:50] {dino} hey 17 deflated fotballs nemo?
[09:51] {nemo} I saw 11 of 12
[09:51] {nemo} how did they get to 17?
[09:51] {dino} msn.com this morning
[09:51] {RonS} hearing pats to be on cnbc to discuss deflation...
[09:52] {dino} out deck .04, +.44 stop too tight
01[09:52] {@Threei}  trail to .14
01[09:52] {@Threei}  1:1
[09:52] {nemo} Belichick was an economics major
[09:52] {dino} ugg deck! jumped .90 after my stop
[09:53] {RonS} ah, the reason he's so droll...
[09:54] {RonS} took deck 78.68 to 79.76 +1.08 thanks dino
[09:56] {dino} yw, wtg
[09:58] {nemo} XOP
[09:58] {RonS} guess deck selloff due to general counsel moving to coo..but fer chrissake the whole company has been Angel Marinez and he's still ceo
[09:58] {RonS} Martinez
[09:59] {dino} xop crazy weelky
[09:59] {nemo} yeah, but should stabilize and start moving back up now
[10:00] {RonS} talkin option dino?
01[10:00] {@Threei}  wow
01[10:00] {@Threei}  *(CA) BANK OF CANADA (BOC) CUTS RATE BY 25BPS to 0.75%, NOT EXPECTED
[10:00] {dino} baba luv
[10:00] {dino} race to the bottom 3i
01[10:00] {@Threei}  loonie dropped like prom dress
01[10:01] {@Threei}  FXC
[10:01] {RonS} lol...ooof
[10:01] {RonS} loonie shot eh?
01[10:01] {@Threei}  :)
01[10:02] {@Threei}  (IR) US State Dept: Still see a chance of reaching a nuclear deal with Iran
[10:02] {dino} deck sm l .99
01[10:02] {@Threei}  "a chance?" 1 in 1000 is a chance
01[10:02] {@Threei}  I see it too
[10:02] {RonS} gj...hesitated and missed
01[10:03] {@Threei} Long Setup:  DAL  .10 break
01[10:03] {@Threei}  If holds  49
[10:04] {nemo} ecb denying news release
01[10:04] {@Threei}  1:1
01[10:05] {@Threei}  they didn't, it was press report
01[10:05] {@Threei}  ECB declined to comment
[10:06] {nemo} oil continuing higher
[10:09] {RonS} Bank of Canada Says Rate Cut to Provide "Insurance" Against Downside Risks From Oil Price Slump... huh?
[10:10] {RonS} quarter point?
01[10:10] {@Threei}  it's 25%
[10:11] {RonS} 25% of nothing is nothing... (Japan taught me that) :)
01[10:12] {@Threei}  why, it was 1% :)
[10:13] {dino} smci drop
[10:14] {RonS} your wife must be one interesting lady... to have bludgeoned a guy who never loses an argument into submission...
01[10:15] {@Threei}  to quote her... "being alwasy right is your most repulsive trait"
[10:15] {RonS} can't find anything on smci...they crushed their numbers...
01[10:16] {@Threei}  and upgrade
[10:16] {RonS} +38% current qtr/ +16% guidance
[10:16] {dino} smci sm l .98, pulp
[10:24] {dino} same here ron
01[10:24] {@Threei}  OPEC Sec Gen El-Badri: think oil price will stay around current $45-50/bbl level; do not see it dropping to $20 or $25; reiterates the price will rebound - TV interview - Reiterates non-OPEC producers have higher production costs than us. When non-OPEC producers start losing money they will cut their production
[10:24] {dino} imkta drop
01[10:25] {@Threei} Long Setup:  IWM  .40 break
01[10:25] {@Threei}  If holds  .30
01[10:27] {@Threei}  no go
[10:32] {JoebiWan} gdx long?
01[10:33] {@Threei}  can't tell
[10:33] {dino} markets battling, feel like they want up
01[10:33] {@Threei}  my feeling too
[10:34] {nemo} spy holding yesterday's channel
[10:34] {nemo} IWM flat
01[10:34] {@Threei} Long Setup:  DAL  .80 break
01[10:35] {@Threei}  If holds  .70
01[10:36] {@Threei}  If holds  .74
[10:36] {dino} deck stop -.35
01[10:38] {@Threei}  Invalidated
01[10:40] {@Threei} Short Setup: DAL  .65 break
01[10:40] {@Threei}  If holds  .75
01[10:43] {@Threei}  Invalidated
[10:46] {dino} smci to .49
[10:46] {dino} to .72
[10:47] {dino} slipped, out .69, +.71
01[10:47] {@Threei} Short Setup: MCD  .05 break
01[10:47] {@Threei}  wtg
[10:47] {dino} ty
01[10:47] {@Threei}  If holds  .15
[10:47] {dino} kite drop
[10:48] {RonS} took smci .10 to .68 +.58
[10:48] {dino} gj
[10:49] {nemo} they're walking it to 203
[10:50] {RonS} kite is up and down all the time
[10:51] {dino} yeah, not touching it
[10:52] {dino} instead of pulp, i'll call it kramer
[10:52] {RonS} kite needs a tail for some stability
[10:52] {dino} lol
[10:55] {RonS} sheesh, after 5 days in 50's, now snowing...you would think it is winter...
01[10:56] {@Threei} Long Setup:  WWW  .20 break
01[10:56] {@Threei}  If holds  .13
[10:58] {RonS} www been weak after complaining about fx headwinds... fwiw
[10:59] {dino} smci pulling back
01[11:00] {@Threei}  can't resist this chart Ron... too tempting break of today's high and yesterday's eod support level
[11:01] {RonS} not complaining...but may be tied to the $ right now
[11:01] {dino} or tied to shoes
[11:02] {RonS} lol... good one... they must grow a little corn in your area
01[11:02] {@Threei}  lol
01[11:07] {@Threei}  stop to .16
[11:07] {dino} pbyi blood
[11:08] {RonS} annouced a secondary... no price yet
[11:08] {dino} ty
01[11:09] {@Threei}  MOSCOW - Russia's foreign minister says the United States wants to dominate global affairs
01[11:09] {@Threei}  wants?
01[11:09] {@Threei}  lol
01[11:09] {@Threei}  meh WWW
[11:09] {dino} as they invade ukraine
01[11:10] {@Threei}  Reuters: Poroshenko tells Davos forum Russia has 9,000 troops on Ukrainian soil
[11:11] {RonS} w/ US would mean 3000 fighters a 6000 support...
01[11:11] {@Threei}  Poroshenko said the Russian troops were backed by a range of heavy weapons, including tanks, heavy artillery and armoured vehicles.
01[11:11] {@Threei}  "If this is not aggression, what is aggression?" he asked.
[11:12] {dino} smci sm l .90
[11:12] {RonS} thinking here... your wife's slanted eye?
01[11:13] {@Threei}  hmmm... want to gove me a heart attack?
01[11:13] {@Threei}  give
[11:13] {RonS} lol
01[11:14] {@Threei} Long Setup:  JPM  .35 break
01[11:14] {@Threei}  If holds  .25
01[11:16] {@Threei}  liked opening much better
01[11:16] {@Threei} Long Setup:  VXX  .30 break
01[11:16] {@Threei}  If holds  .20
[11:17] {dino} out smci .24, +.34
[11:17] {dino} 80 still hanging out
[11:17] {dino} there it goes
01[11:18] {@Threei}  grrr
[11:18] {dino} brb
01[11:21] {@Threei}  rinse... somg
01[11:27] {@Threei} Short Setup: C  .95 break
01[11:27] {@Threei}  If holds  .05
01[11:31] {@Threei}  now, that's what I call nice economic performance:
01[11:31] {@Threei}  (RU) Russia Dec YTD Budget Balance (RUB): -328B v 0.0Be
01[11:34] {@Threei}  I have a great idea
01[11:34] {@Threei}  now that Obama is done with restoring US economy, wqhy don't we send him to help out Russia
[11:35] {RonS} at least he wouldn't have to change parties...
[11:37] {dino} you sure you canadians don't want to adopt him?
[11:37] {RonS} ya, let him live w/ ese for a month...
01[11:37] {@Threei}  I am sure they do
01[11:38] {@Threei}  but I personally insist on Russia
[11:38] {RonS} hey dino...
01[11:38] {@Threei}  C is still valid
01[11:38] {@Threei}  canadians are very strange thing in some regards...
01[11:39] {@Threei}  about 80% say they'd vote for Obama if they could
01[11:39] {@Threei}  yet they elect conservative government 4 times
[11:39] {cosmo} wha?
01[11:40] {@Threei}  with ever-increasing numbers each time, and last two giving them majority
01[11:40] {@Threei}  next election, conservatives are still in the lead by all polls
[11:41] {RonS} hey dino...
[11:41] {dino} yes?
[11:42] {RonS} alny first priced secondary in a long time held under the price... $95
[11:42] {dino} ok, on screen
[11:42] {RonS} ...thinking prople getting tired of all these bio secondaries...
[11:43] {dino} smci pull back again
[11:43] {RonS} people
[11:43] {dino} imo, 2ndaries at highs are much better than buying back shares at highs and issuing low (as most companies do)
[11:44] {RonS} aavl having one
[11:44] {RonS} ya well, a lot of these companies are burning cash so it gives them no incentive for any discipline...
[11:45] {dino} sure, w/bios, mostly true
01[11:46] {@Threei}  Invalidated  C
[11:47] {RonS} asps spike
[11:47] {RonS} $11 more to go?
[11:49] {dino} lo
[11:50] {dino} lol
[11:50] {dino} asps is crazy
[11:51] {RonS} axta drop... motto: AXTA coats your shit with ebonics
[11:51] {dino} asps value added call today, compass point cyts to 20 w/sell from 43. a bit late don't you think
[11:52] {RonS} but they were working 24-7 on it...
[11:52] {dino} cuts
[11:52] {dino} yeah
[11:53] {RonS} beside, they had to get the spike to get teir customers out and go short...
[11:53] {RonS} their
01[11:55] {@Threei}  watching DAL for pullback entry
01[11:58] {@Threei} Long Setup:  DAL  49 break
01[12:02] {@Threei}  change to .95 break
01[12:12] {@Threei}  1:1
01[12:14] {@Threei}  The Bank of Canada lowered its benchmark rate to 0.75% from 1.00% in a surprise move this morning, for the bank's first rate move in more than four years. No economists were forecasting a rate cut, but with surprising moves like the Swiss National Bank and others ahead of the ECB's presumed QE program, the BoC's cut was not too shocking. The BoC said falling oil prices were pulling inflation lower and there was too much labor slack in the economy. USD/CAD jumped about two big figures, rising to around 1.2300 from 1.2070 in the wake of the decision.
01[12:14] {@Threei}  The ECB policy meeting is tomorrow morning, but today brings another press report citing sources about the structure of a potential QE program. Just around the open of US cash equity trading, two major press sources released stories suggesting the ECB would be buying €50B in sovereign bonds a month for either one year or possibly through the end of 2016, for a minimum total purchase amount of €600B.
[12:18] {dino} wow asps
[12:23] {RonS} dino, you may want to short lrcx at some point... cs upgrade this a.m.
[12:24] {dino} \not sure
[12:25] {dino} imkta drops again
[12:25] {RonS} why not? freakin grocery chain...
[12:28] {RonS} yy triple a
01[12:29] {@Threei}  1:2
01[12:29] {@Threei}  took its sweet time
01[12:31] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/783724971707020/?type=1&theater
[12:31] {dino} tr spike
01[12:32] {@Threei}  1:3
01[12:32] {@Threei}  good girl
01[12:32] {@Threei}  out
[12:33] {dino} tr, ceo dies, spec on takeover
[12:33] {dino} damn, can't borrow
[12:34] {dino} hell of a thing stock shoots up on ceo death
[12:38] {dino} taking a break
01[12:42] {@Threei}  BLUE Wedbush making positive comments; Reiterates Outperform rating, price target raised to $146 from $94
[12:48] {nemo} FCX
[12:49] {nemo} think .05 break might work
[12:51] {nemo} maybe not
01[12:53] {@Threei}  Leaving school-aged children home alone could become illegal if court convicts Winnipeg mother
[12:53] {RonS} 17 year olds?
01[12:54] {@Threei}  in case before the court, it was a 6 years old
01[12:54] {@Threei}  left alone for 90 min
01[12:55] {@Threei}  n the case currently being decided, a Winnipeg mother was arrested soon after Child and Family Services became aware that she intentionally left her child unattended for 90 minutes as she ran errands.
01[12:55] {@Threei}  The specific charge is child abandonment, which carries a maximum sentence of five years.
01[12:56] {@Threei}  “Even in a home environment, that child was endangered,” prosecutor Nancy Fazenda argued Monday, according to the Winnipeg Free Press.
01[12:56] {@Threei}  Although nothing bad happened, in 90 minutes, Ms. Fazenda argued, the child could have choked to death, electrocuted themselves or fallen down a set of stairs — not to mention the consequences of a sudden flood, fire or home invasion.
01[12:56] {@Threei}  I say let's hang her
01[13:00] {@Threei}  NATO said on Jan. 21 it had seen an increase in the numbers of tanks, artillery pieces and other heavy military equipment being used by Russian troops in eastern Ukraine and renewed a call for Moscow to withdraw.
01[13:08] {@Threei} Short Setup: CNW  .15 break
01[13:10] {@Threei}  If holds  .25
[13:11] {suwaneega} What stock are we looking at?
01[13:12] {@Threei}  see private message
[13:13] {nemo} indexes looking short to vwap
01[13:13] {@Threei}  only if SPY loses .80
[13:14] {nemo} I see it if it can't get above .10
[13:16] {RonS} sheesh the tr ceo was 95...no wonder the stock went up...now Mars can buy them
[13:22] {nemo} short spy 203
[13:23] {nemo} stop above .10
[13:25] {nemo} IWM dropping
[13:26] {nemo} 1/2 .86
[13:27] {nemo} 1/4 more .60
[13:27] {nemo} should get a bit of a bounce @.50 then will set the stop
[13:29] {nemo} stop above .70
01[13:33] {@Threei}  stop .21
[13:34] {nemo} stop to above .60
[13:35] {nemo} above .50
[13:37] {nemo} out .52
[13:37] {RonS} gj
[13:41] {dino} .
01[13:45] {@Threei}  (IT) Italy PM Renzi: Would like to see EUR/USD parity
[13:45] {RonS} nutz...home alone...car in shop...blowing snow...outta booze...store 1/2 mi away
01[13:45] {@Threei}  well, at least you not a 6 years old
[13:46] {dino} lol
01[13:46] {@Threei}  otherwise being home alone could have spelled troubles
01[13:46] {@Threei}  and after "outta booze" nemo fell on the floor
01[13:46] {@Threei}  1:1
01[13:46] {@Threei}  finally
[13:47] {RonS} ya, cnw been on a speed regulator
01[13:47] {@Threei}  hehe
01[13:47] {@Threei}  time of the day... it's capable of faster moves
[13:48] {RonS} boyhood friend's dad drove for cnw...been around a long time
[13:48] {RonS} hillbilly family
[13:49] {RonS} from kentucky i think...only people i know that drank coffee from the saucer...
[13:50] {dino} no cups?
[13:50] {RonS} started in cup then spilled it into saucer...to cool it i guess
01[13:51] {@Threei}  lol
01[13:51] {@Threei}  tea, yeah, I've seen that
01[13:51] {@Threei}  coffee, never
[13:52] {dino} hmm
[13:52] {dino} smci l trig break .00
[13:54] {nemo} mmmhhh...I might regret tightening my stop
01[13:54] {@Threei}  1:2
01[13:54] {@Threei}  good girl
[13:55] {nemo} mmhhhh...is there any such thing?
01[13:57] {@Threei}  yes, one... my wife told me so
[13:59] {dino} agio drop
01[14:00] {@Threei}  ugh... DAL 49 short, totally missed that
[14:00] {nemo} yep, I regret it
[14:46] {dino} risky, vsm l agio .00
[14:57] {nemo} VXX setting up
01[14:58] {@Threei}  hmmm
[14:58] {nemo} nope
[15:00] {nemo} break of .10
[15:01] {nemo} stop under 34
[15:02] {dino} agio stop
[15:02] {nemo} might be a little early, but they'll buy protection into the close
01[15:03] {@Threei} Long Setup:  IWM  .85 break
01[15:03] {@Threei}  If holds  .75
[15:03] {nemo} stop under .05
01[15:04] {@Threei}  Invalidated
[15:06] {nemo} making me work for it
[15:08] {nemo} stop to .12
[15:09] {nemo} to .20
[15:10] {nemo} .25
01[15:11] {@Threei}  good management
[15:11] {nemo} I'll partial when and if it drops .25
[15:11] {nemo} I think this might be the shake into the close
[15:12] {nemo} I'm thinking lots of people buy protection for their positions going into the drag queen
[15:12] {nemo} partialed .22 rest @ break even
[15:13] {nemo} reverse management I guess
01[15:13] {@Threei} Long Setup:  IWM  .50 break
01[15:13] {@Threei}  If holds  .40
01[15:14] {@Threei}  1:1
[15:14] {nemo} ah well
01[15:15] {@Threei}  it's a seesaw day, not a directional
[15:15] {nemo} I think I'm just a bit early
[15:15] {nemo} then again, that one was too much work
01[15:18] {@Threei}  1:2
[15:19] {nemo} wow, maybe they'll run this into the close
[15:20] {dino} think so
[15:20] {nemo} long 34.01 vxx
[15:20] {nemo} stop under .90
[15:21] {nemo} risking what I made on the last trade
01[15:21] {@Threei}  brave...
[15:21] {nemo} I'm ahead todday
[15:22] {nemo} sheesh
[15:22] {nemo} hah, still $6 bucks ahead
[15:22] {nemo} on VXX that is
[15:23] {nemo} brave=stupid
[15:24] {dino} lol
[15:24] {nemo} probably here
[15:29] {nemo} long .76 on apple coming in
[15:30] {nemo} o.k. maybe it'll be a jerk into the close
01[15:30] {@Threei}  I wouldn't risk shorting...
[15:30] {nemo} shorting what?
01[15:30] {@Threei}  buying VXX
01[15:30] {@Threei}  shorting market
01[15:30] {@Threei}  strong sense of rally into close
[15:30] {nemo} ahhh
[15:31] {nemo} I don't consider it a direct short in this situation
[15:31] {nemo} I am partialing on 1:1 though
[15:32] {nemo} I'm out under .70
[15:32] {nemo} ow
[15:32] {nemo} o.k. officially red in vxx
[15:33] {nemo} and rinse here?
01[15:38] {@Threei} Long Setup:  IWM  .75 break
01[15:38] {@Threei}  If holds  .65
[15:47] {nemo} you can raise your stop
01[15:48] {@Threei}  .69, yeah
01[15:49] {@Threei}  time's running out
[15:49] {dino} dish spike
01[15:50] {@Threei}  (UR) US Ambassador to the UN claims Russia's latest proposals for Ukraine peace plan amount to an 'occupation plan'
01[15:50] {@Threei}  lol
[15:50] {nemo} not .69 that's turnaround territory
01[15:51] {@Threei}  .68?
01[15:52] {@Threei}  (GR) ECB said to have approved emergency stand by funding for Greece banks
[15:52] {nemo} not giving us much of anything are they?
[15:52] {dino} dish sm s .98
01[15:53] {@Threei}  half out
01[15:53] {@Threei}  .83
01[15:54] {@Threei}  1:1
[15:54] {pamsv} twtr
01[15:55] {@Threei}  TWTR would be a good long if not the time
[15:57] {dino} cov dish .85, +.13
01[15:57] {@Threei}  stop to .79
01[15:58] {@Threei}  OK... out, no more time
01[15:58] {@Threei}  thank you all, have a good evening
[15:58] {dino} calling it a day, thx all
01[15:58] {@Threei}  see you tomorrow
[15:59] {pamsv} thanks - gn

Jan 20 2015

A lot of back and forth, whole day, ending slightly positive thanks to winners being much larger than stops, anywhere from 1:3 to 1:5.


Session Time: Tue Jan 20 00:00:00 2015
[08:33] {JoebiWan} gm
[08:42] {dino} gm
01[08:47] {@Threei}  jw, dino :)
[09:02] {RonS} gm outr breeched
01[09:03] {@Threei}  ron :)
[09:06] {RonS} expr written off
01[09:06] {@Threei}  lol
[09:17] {dptl} gm
01[09:18] {@Threei}  dp :)
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -SWHC +10% (Q3 & FY15 guidance - FY15 guided higher than previous)
01[09:24] {@Threei}  -ALTV +9% (announced hiring of advisor to evaluate alternatives to enhance shareholder value)
01[09:24] {@Threei}  -UNIS +5.4% (announced agreement with ABBV for supply of injectable drug delivery systems)
01[09:24] {@Threei}  -ABX +4% (gold increasing in price, NEM & GG also up 3% on the increase)
01[09:24] {@Threei}  -MOS +3.8% (Q4 guidance)
01[09:24] {@Threei}  -MTG +3.2% (earnings)
01[09:24] {@Threei}  -DAL +3.2% (earnings)
01[09:24] {@Threei}  -RGR +3% (momentum from SWHC news)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -EXPR -13.5% (termination of discussions with Sycamore Partners)
01[09:24] {@Threei}  -OUTR -11% (CEO stepping down, narrowing Q4 EPS & Rev estimates)
01[09:24] {@Threei}  -RF -3% (earnings)
01[09:24] {@Threei}  -YNDX -2.9% (negative broker commentary)
01[09:24] {@Threei}  -EDU -2.3% (earnings)
01[09:24] {@Threei}  -MS -2.2% (earnings)
01[09:31] {@Threei} Long Setup:  IWM  .80 break
01[09:31] {@Threei}  If holds  .70
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
[09:35] {nemo} rug pull
01[09:37] {@Threei} Long Setup:  MCD  .65 break
01[09:37] {@Threei}  If holds  .55
01[09:39] {@Threei}  no go
[09:43] {nemo} see if iwm can get back to vwap be a good short area
01[09:44] {@Threei} Long Setup:  IWM  .50 break
01[09:44] {@Threei}  If holds  .40
01[09:44] {@Threei}  1:1
01[09:45] {@Threei}  1:2
01[09:48] {@Threei}  interesting hoqw IWM is stronger than SPY
01[09:49] {@Threei}  makes it prime candidate for bounce trades
01[09:49] {@Threei} Long Setup:  IWM  .45 break
01[09:49] {@Threei}  If holds  .35
01[09:50] {@Threei}  Invalidated
[09:50] {nemo} I think the fecal matter is hitting the ventilator
01[09:53] {@Threei}  watching DAL for long entry
01[09:53] {@Threei} Long Setup:  DAL  .50 break
01[09:53] {@Threei}  If holds  .40
01[09:54] {@Threei}  ugh
01[09:54] {@Threei}  no go
[09:55] {nemo} can't get above vwap
01[09:57] {@Threei} Long Setup:  IWM  116 break
01[09:58] {@Threei}  If holds  .90
[09:59] {nemo} numbers
01[10:00] {@Threei}  *(US) JAN NAHB HOUSING MARKET INDEX: 57 V 58E
01[10:01] {@Threei}  no go
01[10:02] {@Threei}  feels like SPY found the bottom
01[10:03] {@Threei} Long Setup:  MCD  .05 break
01[10:04] {@Threei}  If holds  .95
[10:07] {nemo} BBBY
01[10:07] {@Threei}  1:1
01[10:08] {@Threei}  1:2
01[10:09] {@Threei}  1:3
01[10:09] {@Threei}  out
01[10:23] {@Threei} Long Setup:  JPM  .10 break
01[10:23] {@Threei}  If holds  56
01[10:27] {@Threei}  no go
[10:30] {dino} uthr smr s .24
[10:32] {dino} bs is .51
[10:33] {RonS} bs happens tonight...
01[10:33] {@Threei} Short Setup: WMT  .35 break
01[10:33] {@Threei}  If holds  .45
01[10:35] {@Threei}  1:1
[10:36] {dino} cov uthr .63, +.61
[10:37] {JoebiWan} .56 here dino, ty
01[10:37] {@Threei}  wtg
[10:37] {dino} yw, gj
[10:37] {nemo} DAL
01[10:40] {@Threei}  1:2
01[10:41] {@Threei}  stop .21
01[10:41] {@Threei}  touched 1:3 for a sec
01[10:41] {@Threei}  to .16 now
01[10:42] {@Threei}  1:3
01[10:42] {@Threei}  out
[10:42] {JoebiWan} gj
01[10:42] {@Threei}  ty
[10:44] {nemo} GDX
[10:48] {RonS} sap 'ed
01[10:59] {@Threei} Long Setup:  MCD  .90 break
01[10:59] {@Threei}  If holds  .80
01[11:00] {@Threei}  twi-sided
01[11:00] {@Threei}  i=o
01[11:06] {@Threei}  no go
01[11:25] {@Threei} Long Setup:  IWM  .70 break
01[11:25] {@Threei}  If holds  .60
01[11:25] {@Threei}  Invalidated
[11:26] {dino} lyb sm l .03
[11:31] {dino} out lyb .33, +.30
[11:32] {dino} brb
01[11:32] {@Threei}  IWM valid again
01[11:34] {@Threei}  invalidated again
01[11:35] {@Threei} Long Setup:  WMT  86 break
01[11:35] {@Threei}  If holds  .90
01[11:40] {@Threei}  Invalidated
01[11:40] {@Threei} Long Setup:  VXX  .80 brteak
01[11:41] {@Threei}  If holds  .70
01[11:41] {@Threei}  1:1
01[11:45] {@Threei}  1:2
01[11:46] {@Threei}  1:3
[11:47] {JoebiWan} ty vad
01[11:47] {@Threei}  1:5
01[11:48] {@Threei}  out
01[11:48] {@Threei}  yw
01[11:48] {@Threei}  China's role as a world growth engine has been fading, and the +7.4% total GDP gain in 2014 was lowest in 24 years.
01[11:48] {@Threei}  lol
01[11:49] {@Threei}  Crude and natural gas prices are lower in US trading, with WTI around $46.70 while natural gas is giving up last week's cold-snap gains
[12:01] {nemo} BABA
[12:16] {nemo} http://goo.gl/PBqry  you'll need time to read this
[12:20] {nemo} vxx
01[12:20] {@Threei} Long Setup:  NBL  .75 break
01[12:20] {@Threei}  If holds  .65
01[12:34] {@Threei}  no go
01[12:38] {@Threei} Long Setup:  BWA  .40 break
01[12:38] {@Threei}  If holds  .30
01[12:40] {@Threei}  stop .34
01[12:42] {@Threei}  1:1
01[12:43] {@Threei}  1:2
01[12:51] {@Threei}  1:3
01[12:51] {@Threei}  funny day
01[12:51] {@Threei}  constant back and forth
01[12:51] {@Threei}  thank goodness winners are much larger
[13:14] {nathan} hi all
01[13:14] {@Threei}  hey nathan
[13:15] {nathan} hope u had a great morning
01[13:15] {@Threei}  uneven but positive
01[13:19] {@Threei} Long Setup:  NBL  .65 break
01[13:19] {@Threei}  If holds  .55
01[13:22] {@Threei}  ugh... BWA was worth another entry, on pullback and recross of .60
01[13:26] {@Threei}  nathan, look private message pls
[13:34] {nemo} VXX
[13:35] {nathan} have fun guys! hope to c u soon
[13:40] {dino} oww spike
[13:40] {dino} halt
01[13:40] {@Threei}  OWW Said to be working with advisors following interest from PE firms
[13:52] {RonS} Salix Pharmaceuticals Exploring Options, Including Potential Sale -Reuters
01[13:53] {@Threei}  NFA reportedly considering adjusting leverage standards for retail FX trading in light of recent SNB moves on the Franc floor
[13:53] {RonS} ...value added...
01[13:53] {@Threei}  ph no... stupid gamblers won't be able to trade commissions-free with 1:100 margin on fake quotes in non-existing market??
01[14:00] {@Threei}  frikin NBL
01[14:00] {@Threei}  rinsed
01[14:03] {@Threei}  lol Ron... I just learned about state of the union tonight and understood your earlier remark
01[14:03] {@Threei}  [10:32] {dino} bs is .51
01[14:03] {@Threei}  [10:33] {RonS} bs happens tonight...
01[14:04] {@Threei}  see, I am not hopeless, I just lack point of reference sometimes
[14:07] {RonS} ya, easy to miss when not in US
[14:10] {dino} lol
[14:16] {JoebiWan} hal short?
01[14:16] {@Threei}  can't tell
01[14:19] {@Threei}  long seems to be more likely
01[14:32] {@Threei} Long Setup:  SWHC  .75 break
01[14:32] {@Threei}  Invalidated
01[14:53] {@Threei} Long Setup:  VXX  .75 break
01[14:53] {@Threei}  If holds  .65
01[14:59] {@Threei}  no go
01[15:02] {@Threei}  rinse...grrr
[15:03] {dino} outr sm l .83
[15:04] {nemo} they're holding this market of for the SOTU and Draghi on Thursday
[15:05] {dino} yeah, feels dead
[15:07] {nemo} think vxx works now
[15:08] {nemo} well, maybe not
01[15:08] {@Threei}  probably up
[15:09] {nemo} SPY walking the topside of a channel
[15:10] {dino} outr no go, stopped
01[15:11] {@Threei} Long Setup:  IWM  .45 break
01[15:11] {@Threei}  If holds  .35
01[15:15] {@Threei}  Victoria has the second least affordable market in Canada and the 34th least affordable market in the world.
[15:16] {nemo} and some nasty inhabitants
[15:16] {RonS} lol
[15:16] {nemo} that was too easy
[15:16] {nemo} VXX
01[15:16] {@Threei}  that we have
01[15:17] {@Threei}  and one crazy mayor
01[15:17] {@Threei}  which is about to compete with rob ford
[15:17] {nemo} and that frickin' musician
[15:17] {RonS} not really true...nicer there than any town i have been to in the US
01[15:17] {@Threei}  1:1
[15:19] {dino} i hear the shis-ka-bob in victoria is pretty good
01[15:19] {@Threei}  our population is so left, the only right wing politician won 3 elections in a row purely on left wing 3-party vote split
[15:19] {RonS} that is hilarious
01[15:19] {@Threei}  and totally true
[15:19] {nemo} you have nothing on Cambridge
01[15:20] {@Threei}  He served in the House of Commons from 1997 to 2011, first as a member of the Reform Party of Canada and subsequently as a member of the Canadian Alliance and the Conservative Party of Canada.
01[15:22] {@Threei}  actually he won 5 elections, 2 of them with less then 40%
[15:23] {RonS} if he was O would claim actually got 50%+ if counted those who did not vote...
01[15:25] {@Threei} Long Setup:  DAL  49 break
01[15:25] {@Threei}  If holds  .90
[15:26] {dino} lol ron
01[15:26] {@Threei}  since this is big news week as nemo puts it, going to change strategy to predominantkly DKTK plays starting tomorrpw
[15:27] {dino} deck booted
[15:27] {nemo} poor dino
[15:28] {nemo} all I can say to that is, "Ugg!"
[15:28] {dino} i know, i tried and i shouldn't have
[15:28] {nemo} mmmhhhhhh....crickets
01[15:30] {@Threei}  1:1
[15:36] {dptl} gn all see ya tomorrow
[15:37] {dino} gn dp
01[15:37] {@Threei}  1:2
01[15:38] {@Threei}  take care dp
[15:40] {pamsv} thanks - gn!
01[15:40] {@Threei}  you too pam
01[15:51] {@Threei}  ok, closed last play
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorrow

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Swiss Mess
Fri, 16 Jan 2015 16:08 PM EST

The Swiss National Bank roiled global markets this week by unceremoniously removing the 1.2000 floor put under the EUR/CHF cross back in 2011, prompting the franc to gain as much as 35% versus the euro on Thursday. Social media christened the move "Francogeddon" and the CEO of Swatch called it a tsunami. SNB Chief Jordan said his strategy was to "take markets by surprise," and he succeeded. The SNB move was widely taken as another confirmation that the ECB will move on its QE program next week. Just 24-hours earlier the EU's highest court gave the ECB a green light to proceed with QE, even as December euro zone CPI data showed most member states in negative inflation. Front-month WTI and Brent crude reached parity on Tuesday for the first time since the summer of 2013, as both February contracts traded below $46, but prices regained some ground later in the week. In the US, December inflation readings slipped lower, giving the doves on the Fed ammunition for their arguments that rate hikes can wait. Note that the yield on the 10-year UST has contracted nearly every session in January, and traded as low as 1.70% after the SNB's move on Thursday. Gold rallied pushing the futures back above the 200-day moving average for the first time since late summer. For the week, the DJIA fell 1.3%, the S&P500 dipped 1.2% and the Nasdaq lost 1.5%.

Eleven out of 18 euro zone nations reported negative inflation rates for the month of December, while total Eurozone CPI in December was -0.2% y/y, at its lowest rate since September 2009. The biggest downward impacts in the reports were from fuel prices, clearly demonstrating the impact of the oil meltdown. ECB's Coeure responded to the data by saying the euro zone is still not in deflation but the risk of deflation has worsened.

With inflation on a slippery slope, few doubt that the ECB QE is right around the corner (the SNB least of all). On Wednesday, the European Court of Justice handed down a non-binding opinion that the 2012 OMT bond-buying blueprint did not break EU law. Anti-QE German hawks had brought the case, hoping to forestall what they saw was bad policy. Not surprisingly, Bundesbank Chief Weidmann claimed the court's opinion also showed that there were legal limits on the ECB, citing commentary in the opinion that said the ECB's activities need safeguards to prevent violations of the prohibition against direct financing of governments. By Friday reports were suggesting Draghi presented Merkel and her staff a plan for QE that they could live with which will be centered on national central banks purchasing their own countries bonds.

US rates saw a wild week of trading as events in Europe and Asia, softer US economic data along with sliding commodity prices kept downward pressure on inflation expectations. The 5-year forward breakeven rate fell to its lowest level since 1999 and the 5-year TIPS breakeven fell below 1.2% after surprise central bank moves overseas. The US 10-year yield plunged through the October low to trade as low as 1.70% at one point, down close to 30 basis points on the week. Short rates fell also, leading traders to bid up Fed fund futures contracts, pushing out rate hike expectations modestly towards Q3 2015.

The strength of the US holiday shopping season is still in doubt after disappointing retail sales data for December. The Advance Retail Sales reading on Wednesday was a worse than expected -0.9% m/m, and still disappointed after removing the volatile auto sales segment. Meanwhile, shares of Best Buy and Tiffany both fell hard, after the electronics retailer said holiday sales fell slightly y/y while the jeweler cut its FY15 forecast citing headwinds from the strong dollar.

The Q4 earnings reporting season kicked off with Alcoa's numbers on Monday afternoon. Alcoa's earnings were better than expected on decent automotive demand, higher aluminum prices and lower energy costs, although its FY15 global aluminum demand growth forecast was in line with FY14's +7% y/y estimate, and it warned of a possible decline in commercial transport production in FY15.

JP Morgan, Bank of America, and Citibank all missed expectations and saw both earnings and revenue slip lower y/y in fourth-quarter earnings reports. Results from the three banks were weighed down by charges, civil penalties, and slumping revenue from trading. JP Morgan's fixed income trading revenue fell 23% y/y, the worst performance of the bunch. Goldman Sachs managed to beat earnings expectations, but its earnings and revenue also fell y/y, and its trading unit saw revenue drop 29% y/y in the quarter.

Copper prices slumped to a five year low midweek, with the front-month Comex contract dropping as low as $2.42 a pound. Traders blamed the slide on the World Bank citing the possibility of a "disorderly slowdown" in China as a key factor behind its decision to lower its global growth outlook for 2015 (China accounts for nearly 40% of demand for copper). The big mining names were hit hard, with Glencore down more than 14% and Anglo American off about 10% on Monday and Tuesday.

Data continues to reflect China's gradual economic slowdown, adding to the case for additional PBoC action in the first half of 2015. The China December trade surplus was in line with estimates, but imports fell again, evidence of soft domestic consumption. China's Customs Bureau also remarked that for the entire 2014, trade growth would be just 3.4% - well below the official 7.5% target - and weak conditions could persist in Q1. Foreign direct investment for all of 2014 rose just 1.7%, the slowest rate since 2012. Chinese banks issued 697.3 billion yuan of new loans in December, well below the 800 billion yuan forecasted. Perhaps the most telling was China's 2014 power consumption which is one of Premier Li' favored economic indicators, as its growth slowed to just 3.8% from 7.5% in 2013. The latest economic developments prompted Beijing to add to targeted stimulus, with the PBoC offering 50 billion yuan ($8.1B) in discounted credit to banks to support loans for farmers and small businesses.

In Japan, the Nikkei225 index hit a ten week low, falling 1.9% on the week as global risk aversion zapped yen-funded carry flows. The BOJ will meet next week and offer an update on its CPI and GDP projections, and some Japan-watchers are speculating that the inflation outlook might be revised lower due to plummeting oil prices. After an outsized policy response in October, new large measures are not likely to come any time soon, however there was some chatter that the BOJ would consider an extension to the program that provides low-interest loans for financial institutions to encourage even more lending.

Jan 16 2015

Nice strong day to finish the week, especially thanks to three concluding plays - 1:4, 1:1 and 1:3. Nervous market, but manageable as the result shows.

Session Time: Fri Jan 16 00:00:00 2015

[08:47] {JoebiWan} gm

[08:48] {dino} gm

01[08:51] {@Threei}  morning guys

01[09:10] {@Threei}  dino, is it long term play or just overnight, your EWG calls?

[09:17] {RonS} gm... pcp smoked

[09:18] {dino} longer

[09:18] {RonS} fxcm... customers -$225 million on swiss franc move

01[09:18] {@Threei}  ron :)

[09:18] {dino} euro decision 1/22

01[09:18] {@Threei}  ok... too many moving parts, with Greece especially

[09:25] {dino} took ewg july calls, bought time

[09:26] {dptl} gm

01[09:26] {@Threei}  dp :)

[09:29] {ese} morning

01[09:30] {@Threei}  ese :)

01[09:32] {@Threei} Long Setup:  VXX  36 break

01[09:33] {@Threei}  If holds  .90 

[09:33] {ese} L flml .30

01[09:34] {@Threei}  no go

01[09:34] {@Threei}  [EUR/USD] EUR/USD Sets fresh multi year lows; EUR/CHF back at parity

01[09:35] {@Threei}  Upside:

01[09:35] {@Threei}  -CRRC +35% (take-over offer)

01[09:35] {@Threei}  -EOPN +15% (reportedly hired advisor to find a buyer for the company)

01[09:35] {@Threei}  -DEPO +8% (acquired US rights to NUCYNTA for $1.05B)

01[09:35] {@Threei}  Downside:

01[09:35] {@Threei}  -FXCM -85% (SNB decision fallout)

01[09:35] {@Threei}  -PCP -11% (earnings)

01[09:35] {@Threei}  -TESS -11% (earnings - low volume)

01[09:35] {@Threei}  -GCAP -5% (SNB decision fallout)

01[09:35] {@Threei}  -IBKR -3.8% (SNB decision fallout)

[09:35] {ese} out flml .75 +.44

[09:35] {dino} ibkr, due to swiss franc moves yesterday, several clients suffered losses in excess of their deposits, estimated at approx $120 million in losses

01[09:35] {@Threei} Short Setup: FB  .40 break

01[09:36] {@Threei}  If holds  .50 

[09:36] {nemo} shorts had a great week, looks like they're covering

[09:36] {ese} thats was your full fledged demonstration of BS luck there with flml

01[09:37] {@Threei}  1:1  

[09:37] {dino} ese, better lucky than good, gj

[09:37] {ese} ya thats for sure.......

[09:39] {ese} one of the few times when I chuck in a limit order that it actually fills properly and the price that i wanted as well bs luck

01[09:41] {@Threei} Long Setup:  TWTR  .60 break

01[09:41] {@Threei}  too wide spread for entry

01[09:41] {@Threei}  1:1, so back off

[09:42] {ese} and now for the good news...................?

[09:42] {ese} waitin for it aren't ya.................?

01[09:42] {@Threei} Long Setup:  DAL  .40 break

01[09:42] {@Threei}  If holds  .30 

[09:42] {ese} This may be my last day on the board until july ?

[09:43] {dino} gotta hop for 20 or so

[09:43] {nemo} one can only hope

[09:43] {RonS} sorry here for me if true ese...

[09:44] {ese} ya it's looking that way....i looks as though i've been assigned to teach a band class this semester at 7:00

[09:44] {nemo} damn student molestation charges catch up with you?

[09:44] {ese} lol

[09:44] {ese} ya well ,........ya ain't done with me that easily

01[09:44] {@Threei}  no go

[09:45] {nemo} you're kinda' like herpes...you never truly go away

[09:45] {ese} discussion with the principal today.......

[09:45] {ese} indeed

01[09:45] {@Threei}  German DAX touches fresh record highs above 10,093

[09:48] {ese} tks Ron......i'll be back.  the strike thing has buggared up alot of stuff including the amount of class time for my band.....to make iup the full amount of minutes we can add the extra time on in the morning 15min a day 7 to 8:30 right now the class is 65 min not enough

[09:48] {ese} 25min not 15

[09:49] {nathan} gm

01[09:50] {@Threei} Long Setup:  FB  .40 break

01[09:50] {@Threei}  late...

01[09:50] {@Threei}  nathan :)

01[09:50] {@Threei}  in on pullback

01[09:50] {@Threei}  .34 dtop

01[09:50] {@Threei}  stop

[09:51] {nemo} aapl very weak that will weigh on indexes

01[09:52] {@Threei} Long Setup:  DAL  .20 break

01[09:52] {@Threei}  If holds  .10 

01[09:53] {@Threei}  Invalidated  

01[09:59] {@Threei} Long Setup:  DAL  .10 break

01[09:59] {@Threei}  If holds  45 

01[10:00] {@Threei}  (US) JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 98.2 V 94.1E -

01[10:00] {@Threei}  1:1  

[10:04] {RonS} who was the rocket scientist that came up w/ the symbol QADA... some guy maned Al?

01[10:04] {@Threei}  lol

01[10:05] {@Threei} Short Setup: FB  .40 break

01[10:05] {@Threei}  If holds  .50 

01[10:05] {@Threei}  1:1  

01[10:06] {@Threei} Short Setup: TWTR  .60 break

01[10:06] {@Threei}  If holds  .70 

[10:07] {ese} ya no kidding ron...........

01[10:07] {@Threei}  1:2  FB 

01[10:08] {@Threei}  trail TWTR to .66

[10:09] {dino} .

01[10:09] {@Threei}  1:1  TWTR 

01[10:15] {@Threei} Long Setup:  FB  .25 break

01[10:15] {@Threei}  If holds  .15 

01[10:16] {@Threei}  1:1  

[10:22] {dino} aavl sm l .76 ave

01[10:23] {@Threei} Long Setup:  OWM  .25 break

01[10:23] {@Threei}  ugh

01[10:23] {@Threei}  late

01[10:23] {@Threei}  jumped

01[10:24] {@Threei}  The head of LUKoil, Russia's biggest private oil company, said Friday that the price of crude could dive to $25 per barrel - half it's current value and less than a quarter of the price last summer. His prediction came amid a chorus of similar warnings.

01[10:25] {@Threei} Long Setup:  WMT  .60 break

01[10:25] {@Threei}  If holds  .50 

01[10:26] {@Threei}  frikin IWM...

01[10:29] {@Threei}  1:1  

[10:30] {dino} the big boys in oil are going to add reserves on the cheap, buying up the assets of the little guys that will fail

01[10:32] {@Threei}  and eventually will find reasonable price which is probably not $25... but I really doubt we will ever see those sky-high prices either

[10:34] {dino} ever is a long time, but nobody knows

01[10:35] {@Threei}  well... nemo measures "ever" in bottles...

01[10:36] {@Threei}  1 bottle is "never" enough... 20 - "am I ever so happy"

01[10:38] {@Threei} Long Setup:  IWM  .50 break

01[10:38] {@Threei}  If holds  .40 

01[10:41] {@Threei}  1:1  

[10:41] {dino} vdsi sm l .52

01[10:41] {@Threei}  1:2  

01[10:42] {@Threei}  closed last piece on a trail

[10:43] {dino} if they can't take them down soon, gut says up we go

01[10:43] {@Threei}  The Russian government missed the deadline on Jan. 15 for paying $50 billion to the shareholders of defunct oil company Yukos in what has been called the largest commercial lawsuit in history.

[10:46] {dino} 07 fast green

[10:49] {dino} confusal market

[10:50] {dino} asps vsm l .70

[10:52] {dino} out asps .75, +1.05

[10:52] {JoebiWan} gj

[10:52] {dino} ty, 07 kicked it out about 20x, but i remembered it dropped about 12 points last week, so went long

[10:53] {dino} 'aavl stuck, out .05, +.29

01[10:54] {@Threei}  Google is ending sales of its Google Glass eyewear.

01[10:54] {@Threei}  The company insists it is still committed to launching the smart glasses as a consumer product, but will stop producing Glass in its present form.

[10:55] {dino} out vdsi .84, +.32

01[11:04] {@Threei} Long Setup:  VXX  .10 break

01[11:04] {@Threei}  If holds  36 

01[11:06] {@Threei}  stop .04

01[11:06] {@Threei}  1 cent to 1:1

01[11:07] {@Threei}  meh

01[11:12] {@Threei}  rinse

01[11:16] {@Threei}  1:2... somg

01[11:24] {@Threei}  SPY, breakdown or bounce

01[11:25] {@Threei} Long Setup:  VXX  .30 break

01[11:25] {@Threei}  If holds  .20 

01[11:27] {@Threei}  1 cent to 1:1 again??

01[11:27] {@Threei}  come on

01[11:28] {@Threei}  1:1  

01[11:28] {@Threei}  whew

[11:30] {nemo} VXX will be easier afternoon play today

01[11:32] {@Threei}  is it long weekend?

[11:32] {nemo} yep

01[11:34] {@Threei}  The Swiss mess has claimed at least two FX trading firms as victims today. In the UK, broker Alpari Ltd went bankrupt, and in the US shares of FXCM fell 88%. The company was said to be in breach of some capital requirements after clients generated combined negative equity balances of $225M from CHF losses. There was talk that Deutsche Bank and Barclays had seen massive losses on the franc, while shares of the Swiss banks fell further today.

[11:51] {dino} wow fxcm -11 today, at 1.48

01[11:52] {@Threei}  frikin VXX

01[11:53] {@Threei} Long Setup:  VXX  .50 break

01[11:53] {@Threei}  .c .40

01[11:53] {@Threei}  aggressive for all-out .60 break

01[12:02] {@Threei}  no go

[12:03] {RonS} cvgw guacamole

01[12:22] {@Threei}  hmmm

01[12:22] {@Threei}  (DE) ECB said to have come up with a QE bond buying plan that would acceptable to Germany; would include individual national banks purchasing their own country's bonds - press - would include a ceiling of 20-25% for how much a central bank can purchase of Govt debt; Greece would not participate in scheme as its debt would not fulfill certain quality criteria

01[12:23] {@Threei}  individual national banks purchasing their own country's bonds?

01[12:23] {@Threei}  how does that make sense if they do not issue their own currency?

01[12:27] {@Threei} Short Setup: DAL  .10 break

01[12:27] {@Threei}  If holds  .20 

01[12:34] {@Threei}  1:1  

01[12:39] {@Threei} Long Setup:  VXX  .90 break

01[12:39] {@Threei}  If holds  .80 

01[12:40] {@Threei}  Invalidated  

01[12:40] {@Threei}  for now

[12:43] {dino} aal l .76

[12:46] {dino} wow/damn asps

[12:46] {dino} +11 and i only took 1

01[12:51] {@Threei}  [C] Said to peg recent foreign exchange losses at $150M

01[12:51] {@Threei}  (US) Pres Obama: US and UK agree on the need to maintain strong sanctions against Russia until it ends its aggression in Ukraine - US/UK press conf

01[12:51] {@Threei}  oh, so it will be like another Cuba

01[12:51] {@Threei}  in 50 years sanctions maybe lifted

[12:52] {dino} ala cuba

[12:52] {dino} aal out .97, +.22

01[12:53] {@Threei} Long Setup:  VXX  .30 break

01[12:53] {@Threei}  If holds  .25 

01[12:54] {@Threei}  1:1  

01[12:56] {@Threei}  1:2  

01[12:56] {@Threei}  closed

[12:58] {dino} gj

01[12:58] {@Threei}  ty

01[12:58] {@Threei}  nervous day

01[12:58] {@Threei}  swiss really shook the markets

[13:00] {dino} no kidding

01[13:06] {@Threei} Long Setup:  IWM  .90 break

01[13:06] {@Threei}  If holds  .80 

[13:17] {RonS} holy cow kite 

01[13:21] {@Threei}  wtf

01[13:22] {@Threei}  (GR) EMU said to be evaluating new bailout loans for Greece as the precautionary credit line may not be enough

01[13:22] {@Threei}  black hole

01[13:23] {@Threei}  NY Post twitter account appears to have been hacked Apparently false tweets running on NY Post twitter handle in last few minutes say: - "BREAKING: Federal Reserve head Yellen announces bail-in in emergency meeting, rumored negative rate to be set at 4pm EST today."- "BREAKING: Chinese anti-ship missile fired at USS George Washington."

01[13:24] {@Threei}  sheesh... New York Post ‏@nypost 17m17 minutes ago

01[13:24] {@Threei}  US Joint Chief of staff: USS George Washington damaged, US navy now engaged in active combat against Chinese vessels in South China sea.

01[13:27] {@Threei}  will we get real panic today, or just float into eod of day

01[13:40] {@Threei} Long Setup:  VXX  .70 break

01[13:40] {@Threei}  If holds  .60 

01[13:45] {@Threei}  1:1  

01[13:46] {@Threei}  United Press International (UPI) notes that its Twitter account has been hacked

01[13:47] {@Threei}  so basically whatever you read on Twitter is guaranteed truth only if it's boring as hell and means nothing

[13:49] {RonS} sounds like a bad attitude to me...

01[14:09] {@Threei}  feels like serious downdraft stars

01[14:09] {@Threei}  starts

01[14:11] {@Threei} Long Setup:  VXX  .60 break

01[14:11] {@Threei}  If holds  .50 

01[14:13] {@Threei}  1:1  

01[14:16] {@Threei}  1:2  

01[14:16] {@Threei}  want this one to give us 1:5

01[14:17] {@Threei}  trailing by a few cents looser than usual

01[14:17] {@Threei}  stop is .64 for now, not standard .69

[14:18] {cosmo} US navy now engaged in active combat?

[14:18] {cosmo} wha?

01[14:18] {@Threei}  hacked twotter account, cosmo

[14:18] {nemo} twitter account hacked cosmo..no worries

01[14:18] {@Threei}  twitter

[14:19] {nemo} yeah, was gonna' say Vad

[14:19] {cosmo} whew...just woke up

01[14:19] {@Threei}  lol

[14:19] {JoebiWan} LOL

01[14:19] {@Threei}  imagine, man wakes up from his afternoon nap to WW3

[14:20] {nemo} it's called marriage

01[14:20] {@Threei}  "boy, that was real POWER nap"

[14:20] {cosmo} our maybe never wake up if its right on target

[14:20] {cosmo} or

01[14:20] {@Threei}  good option, actually

[14:20] {cosmo} its painless they say

01[14:21] {@Threei}  and no torturing thought "maybe it's my fault, if I weren't asleep it might not have happened"

[14:22] {cosmo} a really bad dream can do it

01[14:22] {@Threei}  kind of that stupid joke (attention Ron!)

01[14:22] {@Threei}  - doctor, I ate candy with foil wrap... will die?

01[14:23] {@Threei}  - doctor, philosophically: well, everyone will die...

01[14:23] {@Threei}  - EVERYONE?? Oh my god, what have I done!

[14:24] {cosmo} and some say death is only a hoax

01[14:24] {@Threei}  and dare us to disprove it?

01[14:25] {@Threei}  ok, to .69 now

01[14:27] {@Threei}  1:3  

01[14:27] {@Threei}  looser trailing pays off

01[14:28] {@Threei}  stop to .74

01[14:31] {@Threei}  1:4

01[14:32] {@Threei}  .84 now

01[14:36] {@Threei}  The year 2014 was the hottest Earth has seen since record-keeping began in 1880.

01[14:36] {@Threei}  ??

01[14:36] {@Threei}  where do they get this data?

01[14:36] {@Threei}  sounds like total bs to me

01[14:37] {@Threei}  whole winter/spring half of the world were complaining about record cold

01[14:39] {@Threei}  stop to .89

01[14:41] {@Threei}  closed

[14:41] {JoebiWan} good one

01[14:41] {@Threei}  ty

[14:52] {pamsv} thanks guys - have a good weekend!

01[14:53] {@Threei}  you too pam

01[14:55] {@Threei}  one more leg down and another play should be ready

01[14:59] {@Threei} Long Setup:  VXX  .60 break

01[14:59] {@Threei}  If holds  .50 

01[15:00] {@Threei}  1:1  

[15:02] {dptl} good weekend all see you tue.

01[15:02] {@Threei}  take care dp

[15:04] {dino} cya dp

[15:04] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[15:04] {dino} looking at some banks w/big shale oil/gas exposure

[15:05] {dino} blue spike

[15:21] {RonS} good weekend to all...be sure and pay homage to the patron saint of adultery :)

01[15:21] {@Threei}  lol

[15:24] {dino} where'd that come from?

01[15:25] {@Threei}  save this for Ron for tuesday :)

01[15:33] {@Threei} Long Setup:  IWM  .25 break

01[15:34] {@Threei}  If holds  .15 

01[15:34] {@Threei}  Canada had coldest year since 1996

01[15:34] {@Threei}  shrug

[15:35] {dino} yes and my area broke 80 year old record for most consequtive days in single digits

01[15:36] {@Threei}  heh

[15:36] {dino} the world goes thru cycles, there have been 5 or so warming and cooling periods since the 1500s

01[15:37] {@Threei}  NatGeo is getting ridiculous in this ideological rave

[15:38] {dino} heck i remember my environmental geography college clas in the '80s warning us of an upcoming deep freeze and running out of oil by 2000

01[15:38] {@Threei}  1:1  

[15:39] {cosmo} they fired thoe true scientists dino

[15:39] {cosmo} the

[15:41] {cosmo} replaced them with political scientists and stand up comidians

01[15:41] {@Threei}  1:2  

01[15:41] {@Threei}  rally into long weekend

01[15:42] {@Threei}  so, who promotes global warming and peak oil, cosmo? real scientist or political ones?

[15:42] {cosmo} no peak oil though... it never runs out

[15:43] {cosmo} political ones promote warming and peak oil too

01[15:44] {@Threei}  ok... for once we agree on something :)

[15:44] {cosmo} true scientist are out of work for over 20 years now

01[15:44] {@Threei}  1:3  

01[15:45] {@Threei}  out

01[15:45] {@Threei}  happy to end the week on this note

[15:45] {JoebiWan} ty. cya all

01[15:45] {@Threei}  have a great long weekend guys

01[15:45] {@Threei}  see you tuesday

[15:45] {dino} baffles me that they can acknowledge that space deviations and sunspots can affect sattilites, but not the earth's temperature, while it hurtles millions of miles/hour through space

01[15:46] {@Threei}  here is a lot of baffling things in that debate

Jan 15 2015

Jerky day with a lot of direction changes. Coming out positive thanks to winners running much larger than stopped trades.

Session Time: Thu Jan 15 00:00:00 2015
[08:45] {dino} gm
[08:46] {JoebiWan} morning dudes
[08:47] {JoebiWan} dino, what do you use to scan for your trades?
[08:47] {dino} top 25 gainers/losers and my 07 scrolling scanner of 25
[08:48] {dino} top 25 for open hour. 07 for remainder of day
[08:48] {JoebiWan} 07 scrolling scanner?
[08:50] {dino} my parameters
01[08:51] {@Threei}  morning guys
[08:53] {JoebiWan} what software? madscan?
[08:56] {dino} joebi, street smart edge provides for free
[08:57] {JoebiWan} okay. ty
[08:57] {dino} dcc joe
[09:01] {nemo} Interesting, the Swiss nuke the international markets and we're positive
01[09:04] {@Threei}  what did they do?
[09:05] {nemo} de pegged the CHF from the Euro
[09:05] {nemo} Swiss markets dropped almost 15%
[09:05] {nemo} Hey Joebi, I now get pro deals on H&K and Steyr
[09:05] {nemo} oh, and Benelli
[09:07] {JoebiWan} right on nemo
[09:07] {nemo} 40%
[09:08] {RonS} gm...check this out...will never have to wonder when europe closes...and notice to the right it can be in russian:  http://market24hclock.com/
[09:09] {nemo} look at USD/CHF
01[09:09] {@Threei}  ron :)
01[09:10] {@Threei}  cool site
[09:10] {nemo} yeah, looks neat
[09:12] {RonS} The Grand Budapest Hotel:  a very enjoyable movie
[09:12] {nemo} yeah, Ralph Fiennes was amazing in that...and the cast
[09:12] {RonS} totally missed that kietel was in there
[09:13] {RonS} Fiennes ranks with Daniel Day Lewis imo...superb actors
[09:16] {RonS} canuckians will have to put away their guns now...
[09:16] {RonS} ...no more tgt
[09:20] {dino} what do the swiss know, huge qe coming for euro?
01[09:20] {@Threei}  no one noticed their arrival, no one will cry when they leave
01[09:20] {@Threei}  empty shelves, disarray in the stores
01[09:21] {@Threei}  was quite weird expedition on their part
[09:22] {RonS} ya, was in one last weekend...seems like the bean counters are running the company...long term disaster for a merchandising company
[09:22] {dptl} gm
01[09:22] {@Threei}  dp :)
01[09:22] {@Threei}  US stores way better stocked
01[09:23] {@Threei}  here it was like "why is it even a store, it's more like half-empty storage"
[09:24] {RonS} "you can't sell anything from an empty wagon"  quote from the days on the US frontier when the merchants traveled for town to town before any stores...
[09:25] {nemo} wow that market clock website a resource eater
[09:25] {RonS} really? how much
[09:26] {dino} oil keeps dropping, russia may have to sell itself to china
[09:26] {nemo} 20% of my processor
[09:26] {RonS} ...or invade Europe?
[09:27] {RonS} wow nemo
[09:27] {nemo} bring up task manager and watch your browse CPU % with it on then shut it off
01[09:28] {@Threei}  chinese won't buy, dino... a few months more, they'll get it for free
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -PPC +15% (announced special dividend)
01[09:28] {@Threei}  -JRJC +12% (entered strategic alliance with China International Capital Corp.)
01[09:28] {@Threei}  -MUX +10% (Q4 production)
01[09:28] {@Threei}  -TGT +5.2% (guides Q4 higher than estimates)
01[09:28] {@Threei}  -NVS +3.7% (SNB move - Swiss stocks broadly higher including: ABB, CS, SYT, UBS
01[09:28] {@Threei}  -RIG +3.4% (oil price movement - concern over continuing energy sector downward move; CVX, OIH, SLB, XLE, TDW all also up 1-3% on the news)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -EHTH -51% (earnings)
01[09:29] {@Threei}  -RSH -30% (preparing for bankruptcy filing as early as next month)
01[09:29] {@Threei}  -BBRY -15% (not in talks with Samsung)
01[09:29] {@Threei}  -BBY -11% (holiday sales)
01[09:29] {@Threei}  -BAC -3.4% (earnings)
01[09:29] {@Threei}  -DG -2.5% (rumors that DLTR won the battle to acquire FDO)
[09:30] {RonS} hmmm, mine never goes over 13% with everything else running too
01[09:33] {@Threei} Long Setup:  FB  .20 break
01[09:33] {@Threei}  If holds  .10
01[09:34] {@Threei}  change to .10 break
01[09:34] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  FB  76 break
01[09:35] {@Threei}  If holds  .90
01[09:36] {@Threei}  lol
01[09:36] {@Threei}  teleprtation
01[09:36] {@Threei}  ok, valid once more
01[09:37] {@Threei}  1:1
[09:37] {nemo} can u say "volatility"
01[09:40] {@Threei} Long Setup:  FB  .80 break
01[09:40] {@Threei}  .70
[09:40] {RonS} Raoul Pal: "volatility in the currency markets will lead to volatility in all markets"
01[09:40] {@Threei}  If holds  .60
01[09:40] {@Threei}  Invalidated
[09:42] {dino} shocking
01[09:43] {@Threei} Long Setup:  IWM  116 break
01[09:43] {@Threei}  If holds  .90
[09:43] {RonS} crude hod 51.73 now 49.02
01[09:43] {@Threei}  1:1
01[09:50] {@Threei} Long Setup:  IWM  .90 break
01[09:50] {@Threei}  If holds  .80
01[09:51] {@Threei}  1:1
[09:52] {dino} podd, wow on downgrade
[09:52] {dino} aavl pulp
[09:54] {dino} podd sm l .55
01[09:54] {@Threei} Long Setup:  VXX  .60 break
01[09:55] {@Threei}  If holds  .50
01[09:55] {@Threei}  1:1
[09:55] {dino} podd stop is .19
01[09:56] {@Threei}  1:2
01[09:58] {@Threei}  1:3
01[09:58] {@Threei}  out
[09:59] {dino} ubt spike
[09:59] {dino} widdeee
01[10:00] {@Threei}  *(US) JAN PHILADELPHIA FED BUSINESS OUTLOOK: 6.3 V 18.7E
[10:00] {RonS} 30-year-mortgage rate falls to 3.66%
[10:01] {RonS} kors sm l 66.50
[10:01] {dino} aavl smr l .67
[10:02] {dino} hooker
01[10:02] {@Threei} Short Setup: TWTR  .60 break
01[10:02] {@Threei}  If holds  .70
01[10:02] {@Threei}  Invalidated
01[10:03] {@Threei}  valid again
[10:05] {dino} aavl out .09, +.42
[10:05] {JoebiWan} gj
[10:05] {dino} ty
[10:06] {nemo} well that blew right through
01[10:07] {@Threei}  1:1
[10:08] {dino} out podd .62 ave, +1.07
[10:10] {dino} tough crowd
[10:11] {RonS} get a dog
[10:11] {RonS} :)
[10:11] {dino} have one, on floor in my office
[10:11] {RonS} step on it if you want some action
[10:12] {dino} 07 red
[10:12] {dino} thats just mean
[10:12] {RonS} nemo trainedme
01[10:12] {@Threei}  lol
[10:12] {dino} juno drop
[10:13] {nemo} I don't hurt animals
01[10:13] {@Threei} Long Setup:  IWM  .60 break
01[10:13] {@Threei}  If holds  .50
01[10:13] {@Threei}  1:1
01[10:14] {@Threei}  1:2
[10:15] {dino} out fxe puts from 2 weeks ago, +1.00 / 35%
[10:15] {dino} thank you swiss
[10:15] {RonS} gj
[10:16] {dino} thx
[10:16] {dino} airlines going green
01[10:16] {@Threei}  1:3
[10:16] {dino} 07 just swung all green scroll
[10:16] {dino} giddy up
01[10:16] {@Threei}  1:5
01[10:16] {@Threei}  out
[10:16] {JoebiWan} gj vad
01[10:16] {@Threei}  finally got a real one
01[10:17] {@Threei}  ty
[10:17] {dino} tna hl l .64
[10:18] {dino} gj vad
[10:18] {dino} tna bad entry, out .55, -.09
[10:19] {dino} damn
[10:20] {dino} tna sm l .72
[10:20] {dino} gut says green
[10:23] {dino} dji green
[10:26] {dino} s/p green
[10:26] {dino} out tna .02, +.30
[10:29] {dino} atnm drop
01[10:29] {@Threei}  MTW Seeing put activity3100 Mar 15 puts trade at the ask
[10:30] {JoebiWan} out tna +.51
[10:30] {dino} wtg
[10:30] {RonS} gj
01[10:30] {@Threei}  nice
[10:30] {JoebiWan} ty
01[10:33] {@Threei} Long Setup:  VXX  .40 break
01[10:33] {@Threei}  If holds  .30
[10:33] {nemo} probably gonna' take IWM green first
01[10:33] {@Threei}  Invalidated
[10:37] {dino} cmrx drop
01[10:43] {@Threei}  VXX seriously got away
01[10:47] {@Threei} Long Setup:  DAL  .65 break
01[10:48] {@Threei}  If holds  .55
01[10:49] {@Threei}  nope
01[10:59] {@Threei} Long Setup:  DAL  .50 break
01[10:59] {@Threei}  If holds  .40
01[11:01] {@Threei}  1:1
[11:12] {RonS} juno gone pulp
[11:15] {dino} small gap around 40.15
[11:15] {RonS} ?
[11:16] {dino} juno
01[11:22] {@Threei} Long Setup:  MCD  .10 break
01[11:22] {@Threei}  If holds  91
01[11:33] {@Threei}  1:1
01[11:35] {@Threei}  The Swiss National Bank sent shockwaves through global markets this morning as it abandoned its 1.20 EUR/CHF line in the sand first implemented back in 2011. European equity indices at first dropped into the red but have since bounced higher and are closing not far from their highs. US equities have been more choppy, thanks to mixed economic data and poor earnings reports from Citi and BoA
01[11:36] {@Threei}  1:2
01[11:36] {@Threei}  SNB Chief Jordan said that the floor was no longer sustainable and did not make sense any longer. He also insisted that today's decision was not a panic reaction of any kind but was a deliberate move to free up the bank's room to maneuver. EUR/CHF is down 13.5%, with the pair around 1.044 as of writing, and other major currency pairs are reeling.
01[11:37] {@Threei}  and that's demonstration of why Euri us nonsense
01[11:37] {@Threei}  Greece could have done the same long ago, and be on a mend already
[11:37] {nemo} they're getting out of the handcuffs...read the writing on the wall about EUQE
[11:39] {cosmo} not listed
[11:39] {nemo} Tuesday could be interesting next week
[11:39] {dino} correct 3i
[11:40] {dino} never give up your currency
01[11:41] {@Threei}  or in nemo case your spirits
[11:41] {nemo} or guns
[11:41] {dino} but of course
[11:42] {cosmo} or gold
[11:50] {dino} blue drop
[11:51] {dino} bio hell today
[11:55] {RonS} ...shoot the leaders
[11:57] {RonS} bunch of gld call buying
[11:58] {RonS} series of transaction, can't be specific
[11:59] {RonS} ll no floor
[12:01] {RonS} deck getting the boot
[12:02] {RonS} ok, now i feel like dino :(...tough crowd
01[12:05] {@Threei}  lol
01[12:06] {@Threei} Long Setup:  VXX  .25 break
01[12:06] {@Threei}  If holds  .15
01[12:07] {@Threei}  valid still
01[12:08] {@Threei}  Invalidated
[12:11] {dino} lol ron
01[12:18] {@Threei}  crap... VXX got away
01[12:18] {@Threei}  watching for pullback entry
01[12:24] {@Threei} Long Setup:  VXX  .45 break
01[12:24] {@Threei}  SPY more looks like breakdown now than a bounce
01[12:25] {@Threei}  If holds  .35
01[12:26] {@Threei}  no go
[12:31] {RonS} fosl stoned
[12:32] {JoebiWan} petrifying
01[12:33] {@Threei}  lol
01[12:33] {@Threei}  crap... rinse
[12:33] {RonS} lol
[12:33] {RonS} ...to jb
01[12:48] {@Threei} Short Setup: MCD  91 break
01[12:48] {@Threei}  If holds  .10
01[12:54] {@Threei}  no go
[12:59] {RonS} z lights out
[13:08] {RonS} dang podd
01[13:11] {@Threei} Long Setup:  IWM  .90 break
01[13:11] {@Threei}  If holds  .80
01[13:11] {@Threei}  IMF's Lagarde: SNB move on the franc today was a bit of a surprise; SNB Gov Jordan did not contact me about it; Need more cooperation and communication among global institutions
01[13:11] {@Threei}  lol
01[13:12] {@Threei}  wounded pride... how could you not ask my permission
[13:12] {nathan} hi all
01[13:12] {@Threei}  ney nathan
01[13:12] {@Threei}  SNB: IMF who?
01[13:13] {@Threei}  Lagarde: - Do not expect Greece to exit the euro, there is no mechanism for leaving the EMU
01[13:13] {@Threei}  lol... hotel California
01[13:13] {@Threei}  1:1
[13:14] {dino} tna sm l .55
01[13:14] {@Threei}  (DE) ECB's Weidmann (Germany): Court opinion this week indicates that the ECB cannot go ahead on economic policy
01[13:14] {@Threei}  huh?
01[13:14] {@Threei}  I thought court deemed bond purhacses legal
01[13:14] {@Threei}  what did I miss?
01[13:16] {@Threei}  KRFT Hearing company may have cancelled from a conference scheduled for February
01[13:16] {@Threei}  no cheese?
[13:17] {RonS} lol
[13:18] {RonS} how could the king of cheese not laugh at a cheese joke?...
01[13:19] {@Threei}  full of macaroni I guess...
[13:20] {dino} tna stop .30, -.25
01[13:21] {@Threei} Long Setup:  VXX  .40 break
01[13:21] {@Threei}  If holds  .30
01[13:22] {@Threei}  1:1
01[13:24] {@Threei}  1:2
01[13:28] {@Threei} Long Setup:  TEST
01[13:29] {@Threei}  1:3
[13:29] {pamsv} oops no sound..
01[13:31] {@Threei} Short Setup: TEST
01[13:44] {@Threei} Long Setup:  VXX  .80 break
01[13:44] {@Threei}  If holds  .70
01[13:47] {@Threei}  no go
[13:49] {dino} tna sm l .00
01[14:01] {@Threei} Long Setup:  IWM  .75 break
01[14:01] {@Threei}  If holds  .65
01[14:03] {@Threei}  1:1
01[14:06] {@Threei}  1:2
01[14:08] {@Threei}  1:3
01[14:08] {@Threei}  trying for one more leg
01[14:11] {@Threei}  out on a trail
[14:11] {dino} out tna .50, +.50
01[14:11] {@Threei}  wtg
[14:11] {JoebiWan} gj guys
[14:11] {dino} ty, u2
[14:14] {JoebiWan} gg look short?
[14:15] {nemo} can try it with a stop above .75
01[14:15] {@Threei}  no read
[14:16] {JoebiWan} ok ty both
[14:18] {nemo} holds under .60 should be fine
01[14:53] {@Threei} Long Setup:  JPM  .15 break
01[14:53] {@Threei}  If holds  .05
[14:55] {nathan} done for today
[14:55] {nathan} thanks a lot
[14:55] {nathan} c u
01[14:55] {@Threei}  take care nathan
01[14:57] {@Threei}  1:1
01[14:57] {@Threei}  nathan could have stuck around for one more {G}
01[14:59] {@Threei}  1:2
[15:06] {nemo} VXX
[15:08] {nemo} so DP you trading like shit this week or what?
[15:09] {dptl} ?
[15:09] {nemo} haven't heard a peep out of you this week
[15:10] {nemo} think VXX .50 break a reasonable bet
01[15:10] {@Threei}  yes
01[15:10] {@Threei}  late
[15:10] {nemo} c'mon u frickin' pizdah, give me 1:1
[15:11] {nemo} might be able to ride this into the close
[15:11] {nemo} stop under .45
01[15:11] {@Threei}  good one
[15:11] {nemo} t'morrow going into the long weekend, VXX likely gonna' be a good play long
[15:12] {nemo} now let's see if they try to shake out the weak hands
01[15:12] {@Threei}  1:2 for you
[15:13] {nemo} yeah, I'm holding...stop will be under this swing low
[15:13] {nemo} whatever it ends up being
[15:14] {nemo} DAX ended up almost 2%
[15:16] {nemo} stop to .50
[15:16] {nemo} I'll partial in the 90's
[15:16] {nemo} I think 36 likely
[15:17] {nemo} stop .64
01[15:17] {@Threei}  nice
[15:17] {nemo} Just playing the fear
[15:21] {nemo} stop to under those last swing low candles
[15:21] {nemo} boot please Vad
[15:22] {nemo} took .92 partial with stop still under that low
01[15:24] {@Threei} Short Setup: DAL  .15 break
01[15:24] {@Threei}  If holds  .25
[15:24] {dptl} gn all , see ya tomorrow
[15:24] {nemo} stop to .80
[15:24] {nemo} lock in 1:2.5 for remainder
01[15:24] {@Threei}  take care dp
[15:25] {nemo} ahh well
[15:25] {RonS} gj
[15:25] {nemo} guess we can call that a double
[15:30] {nemo} wow
[15:30] {nemo} now they'll run vxx
01[15:31] {@Threei}  don't mind at all
01[15:32] {@Threei}  no go
01[15:35] {@Threei} Long Setup:  IWM  .90 break
01[15:35] {@Threei}  If holds  .80
01[15:37] {@Threei}  change to .85
01[15:38] {@Threei}  last attempt at closing scalp
01[15:38] {@Threei}  If holds  .80
01[15:38] {@Threei}  Invalidated
01[15:41] {@Threei}  ok guys, thank you all
01[15:41] {@Threei}  have a good evening, see you tomorrow
[15:41] {JoebiWan} ty cya

Jan 14 2015

Not exactly our day as stops outrun wins. Ended with 3 nice winning trades but still on a negative side

Session Time: Wed Jan 14 00:00:00 2015
[09:05] {dino} gm
01[09:06] {@Threei}  dino :)
[09:06] {JoebiWan} morning
01[09:06] {@Threei}  jw :)
[09:18] {ese} gm
[09:19] {ese} http://www.cbc.ca/news/business/aleksandr-milrud-accused-of-high-speed-trading-to-make-millions-in-illicit-profits-1.2899982
[09:19] {dino} that it is ese
[09:19] {ese} bastards
01[09:19] {@Threei}  ese :)
[09:19] {ese} mornin dino
[09:19] {ese} vad
01[09:21] {@Threei}  hehe... I know the guy
[09:21] {ese} You're kidding
01[09:22] {@Threei}  nope
01[09:23] {@Threei}  we communicated for a while, he tried to involve me in cooperation
[09:23] {dptl} gm
01[09:23] {@Threei}  used to run  brokerage in Toronto
[09:23] {ese} and...is he slime?
01[09:23] {@Threei}  dp :)
[09:23] {ese} dddddddddddddpppppppppppppp!
[09:23] {dptl} :)
01[09:23] {@Threei}  he never disclosed this kind of plan, but something did sound fishy
01[09:34] {@Threei}  Upside:
01[09:34] {@Threei}  -ZIOP +54% (enters exclusive CAR T pact with XON)
01[09:34] {@Threei}  -RGDO +36% (merger agreement with Tobira Therapeutics)
01[09:34] {@Threei}  -XON +12% (enters exclusive CAR T pact with ZIOP)
01[09:34] {@Threei}  -GME +11% (reiterated guidance, positive broker commentary)
01[09:34] {@Threei}  -FCE.A +6.3% (converting to a REIT, will continue to pursue strategic plan initiatives)
01[09:34] {@Threei}  -ZLTQ +5.6% (guided Q4 Rev higher than estimates)
01[09:34] {@Threei}  -WNC +5% (guided FY14 higher than est, raised FY14 trailer shipments outlook)
01[09:34] {@Threei}  -LLTC +3% (earnings)
01[09:34] {@Threei}  -BCRX +3% (received positive opinion on European drug orphan designation for BCX-4161)
01[09:34] {@Threei}  Downside:
01[09:34] {@Threei}  -DWCH -27% (guided Q1 net loss & Rev down; negative broker commentary)
01[09:34] {@Threei}  -TSLA -10% (poor Q4 China sales - Musk may step down as CEO post-Model 3 launch)
01[09:34] {@Threei}  -FCX -8% (lowered copper prices)
01[09:34] {@Threei}  -IRBT -5% (negative broker commentary)
01[09:34] {@Threei}  -X -4% (lower oil leading to lower demand for steel)
01[09:34] {@Threei}  -JPM -3.5% (earnings)
01[09:34] {@Threei}  -GM -3% (FY15 & '16 guidance)
01[09:35] {@Threei} Long Setup:  JPM  .80 break
01[09:35] {@Threei}  If holds  .70
01[09:36] {@Threei}  teleported
01[09:36] {@Threei}  valid again
01[09:37] {@Threei}  stop to .74
[09:37] {nemo} can't get above vwap
01[09:38] {@Threei}  no go
[09:38] {RonS} kors gone pulp
01[09:41] {@Threei} Long Setup:  IWM  .50 break
01[09:41] {@Threei}  If holds  .40
01[09:42] {@Threei}  Invalidated
01[09:43] {@Threei} Long Setup:  DAL  .40 break
01[09:43] {@Threei}  aww, late
01[09:43] {@Threei}  grrr
[09:49] {dino} cybr sm l .82
01[09:51] {@Threei} Long Setup:  IWM  .50 break
01[09:51] {@Threei}  If holds  .40
01[09:53] {@Threei}  stop to .44
01[09:55] {@Threei}  1:1
01[09:55] {@Threei}  1:2
01[09:56] {@Threei}  1:3
01[09:56] {@Threei}  finally
01[09:56] {@Threei}  DAL got away
[09:57] {ese} out full HCT .03 +.31 1k
[09:57] {nemo} JPM
[09:57] {dino} gj
[10:00] {ese} tks
01[10:02] {@Threei} Long Setup:  MCD  .80 break
01[10:02] {@Threei}  If holds  .70
01[10:02] {@Threei}  no go
[10:03] {nemo} they're thickening the bid, this market going down methinks
[10:03] {ese} flml dino.......am eyeing this one
[10:03] {ese} FLML
[10:05] {ese} being toasted -11.80% so far...good fundamentals
[10:06] {ese} -13%
[10:10] {dino} 14.30s area supp ese
[10:10] {dino} imo
[10:11] {ese} was thinkin 14.50
[10:11] {ese} but what ever
[10:12] {dino} sorry going to be distracted for hour or so, just sold that little 2 bedroom foreclose i bought in oct '14.
[10:12] {RonS} ese, my rule on these is that block volume needs to moderate to 10% or less of overall volume...currwently prox 25%
[10:12] {RonS} check that 50%
[10:12] {ese} nice
[10:12] {dino} internet security hot
[10:13] {ese} hey....have never thought about that.....how do you figure it
[10:13] {ese} tks ron
[10:13] {RonS} years of watching...and being too early
[10:14] {ese} lol.....ya been there a few times
[10:15] {RonS} another metric i use is 5-10-15 and in extreme selloffs 30% of outstanding shares flml outstanding 38.61 mil so volume so far says it's early...
[10:17] {ese} hmmmmmm tks ron appreciate that.......have never thought of it that way before
[10:17] {RonS} and, since this is a French co turn could occur after Europe close in an hour and 10...
[10:17] {ese} ws just gonna look for this one more push to 14.5
[10:18] {ese} wow
[10:18] {ese} spread closing a litle
[10:21] {ese} L dino sm .30
[10:23] {ese} flml......sorry
01[10:23] {@Threei} Long Setup:  IWM  .70 break
01[10:23] {@Threei}  If holds  .60
01[10:25] {@Threei}  nope
[10:27] {dino} ok, back
[10:27] {RonS} gj
[10:27] {dino} flml, sm l .32, stop .98
[10:29] {ese} L some more flml avg .34
01[10:30] {@Threei}  [FLML] put activity 2000 Jan 15 puts trade at the ask
[10:30] {ese} out flml 66 +.31 on 2k
[10:31] {JoebiWan} gj
[10:31] {ese} tks
[10:31] {ese} good enough
[10:33] {dino} wtg ese
[10:35] {ese} tks...don't have your nerve to stick out farther
01[10:35] {@Threei} Long Setup:  VXX  .55 break
01[10:35] {@Threei}  If holds  .45
[10:36] {dino} i don't have the nerve for 2k size
[10:36] {ese} am now lookin to swing trade this one....will wait for a setup
[10:36] {RonS} no kidding
01[10:36] {@Threei}  1:1
[10:36] {dino} out flml .02, +.72
[10:37] {ese} felt like days gone by
[10:37] {dino} "back in the day"
[10:37] {ese} nice dino......gutsy buddy
[10:37] {ese} ya
[10:38] {dino} ty
[10:38] {RonS} hear i thought you were talking about molesting students...
[10:38] {RonS} here...sorry
[10:39] {dino} gutsy, no, 400 shares, .34 cent stop, max pain of $136
01[10:40] {@Threei} Long Setup:  VCC  .65 break
01[10:40] {@Threei}  VXX
[10:40] {ese} now now ron
01[10:40] {@Threei}  If holds  .55
[10:43] {ese} man these goofs on cnbc just yammer on and on and on...wears on ya after a while
[10:43] {nemo} pot meet kettle
01[10:44] {@Threei}  no go
[10:49] {dino} no tv on, just music. talking heads will mess with your trading. just because they say its so, does not make it true
01[10:50] {@Threei} Long Setup:  DAL  .15 break
[10:50] {ese} agreed
01[10:51] {@Threei}  If holds  .05
01[10:52] {@Threei}  valid still
01[10:54] {@Threei}  not my day
[10:56] {ese} L FLML. get this .99999999
[10:56] {ese} opps put one to many 9's
[10:57] {ese} no can't count...2 too many only six
[11:00] {RonS} flml living up to name?  stated by a guy named Mel and now flamed...
[11:02] {dino} tight mkt range
[11:02] {RonS} hey ese...
[11:04] {RonS} ...went from 9'er to neiner i guess...
[11:04] {dino} lods
01[11:05] {@Threei} Long Setup:  VXX  .70 break
01[11:05] {@Threei}  If holds  .60
01[11:07] {@Threei}  1:1
01[11:09] {@Threei}  1:2
[11:12] {ese} ya
[11:13] {ese} my meager figuring puts a price tag somewhere between 21.00 to 24.00 bills with flml
01[11:16] {@Threei} Long Setup:  VXX  .80 break
[11:18] {dino} }????????
01[11:18] {@Threei}  valid
[11:18] {dino} ese????
01[11:18] {@Threei}  If holds  .70
[11:18] {dino} are you starting to use fundamentals?????
01[11:19] {@Threei}  he is infirm in his beliefs, dino
[11:19] {ese} I know I know........I won't let it happen again
06[11:20] * dino slaps ese around a bit with a large trout
[11:20] {dino} didn't want to, but you left me no choice
[11:21] {ese} phewwwww...thank you I needed that
[11:21] {dino} knock some sense into you
06[11:21] * @Threei hands dino large salmon, steelhead trout and average-sized halibut, providing wide slapping choices
[11:22] {dino} ty
01[11:22] {@Threei}  no go
[11:23] {ese} lol
[11:24] {ese} phew....nothing from the crab traps.....that would have been deadly
[11:29] {ese} am outta here but am gonna leave you with this: https://www.youtube.com/watch?v=c9bJJNUdXEs
[11:30] {ese} check out the tune.....one of the top five most played Canadian songs all time
[11:31] {ese} and the band in particular the women....is coming to see my kids and clinic us on the song ......we learned it for her last monday
01[11:34] {@Threei} Short Setup: DAL  .60 break
01[11:34] {@Threei}  If holds  .70
01[11:37] {@Threei}  no go
01[11:38] {@Threei}  rinse... grrr
[11:52] {nemo} chop city
01[11:52] {@Threei}  somg dal
[11:52] {dino} whoa flml
[11:52] {dino} 12 bucks -6+
[11:52] {dino} see what ese fundamentals get you
[11:53] {dino} 07 fast red scroll
[11:56] {dino} flml sm l .06
[11:56] {dino} stop is b/lod
[12:04] {dino} fb holds well
01[12:05] {@Threei} Long Setup:  GB  .40 break
01[12:05] {@Threei}  If holds  .30
01[12:05] {@Threei}  FB
[12:05] {dino} tfm, vdsi strong
[12:05] {dino} fete too
[12:05] {dino} feye
01[12:06] {@Threei}  Invalidated
[12:10] {JoebiWan} out flml +.71 ty dino
01[12:11] {@Threei}  wtg
[12:11] {dino} yw, wtg
[12:11] {dino} using the force i see
01[12:11] {@Threei}  frikin DAL
01[12:12] {@Threei}  1:3
[12:14] {dino} out flml .85, +.79
[12:18] {JoebiWan} gdx look short to you?
[12:18] {nemo} chop city
01[12:18] {@Threei}  yes
01[12:19] {@Threei}  but how many of my visions came to reality tiday? :)
[12:19] {nemo} spelling definitely not better
01[12:20] {@Threei}  than whose?
[12:20] {nemo} my 7 year old niece
[12:23] {dino} market drop from yesterdays highs 400+, and today.
[12:24] {dino} say another 300???
01[12:26] {@Threei}  if breaks down, easy
[12:28] {JoebiWan} half out gdx
01[12:29] {@Threei}  wtg
[12:47] {nemo} WFC
[12:51] {JoebiWan} 1/4 more
[13:06] {JoebiWan} out on trail
01[13:06] {@Threei}  good one
[13:06] {JoebiWan} ty
01[13:08] {@Threei}  Business Insider: The euro is back below its 1999 launch value
[13:09] {RonS} boo hoo
01[13:09] {@Threei} Long Setup:  VXX  .07 break
01[13:09] {@Threei}  If holds  36
01[13:10] {@Threei}  come on SPY, break down and die
[13:11] {dino} out cybr ,30, +.48
[13:11] {JoebiWan} gj
[13:12] {dino} took all day, but wth
01[13:13] {@Threei}  half out
01[13:14] {@Threei}  1:1
[13:21] {RonS} hope ese isn't in flml  hearing patent lawsuit loss now
[13:22] {RonS} ...might affect fundamntals  :)
[13:22] {RonS} +e
01[13:22] {@Threei}  lol
[13:33] {dino} well theres the -300
[13:43] {RonS}  Flamel Technologies(FLML) today learned the U.S. Food and Drug Administration (FDA) has approved Fresenius Kabi's New Drug Application (NDA) for neostigmine methylsulfate, a drug which Flamel(FLML) currently markets as Bloxiverz.
[13:43] {RonS} The Company is in discussions with regulatory and legal counsel to evaluate options that will minimize the potential competitive impact of Fresenius Kabi's NDA approval. An update will be provided to shareholders as more information becomes available.
01[13:44] {@Threei} Short Setup: FB  .25 break
01[13:44] {@Threei}  If holds  .35
01[13:47] {@Threei}  sigh
[14:02] {dino} thought i saw jazz pharm also something on flml
[14:05] {nathan} good afternoon
[14:08] {dino} nathans' famous
[14:08] {nathan} me?
[14:08] {dino} hotdogs
01[14:08] {@Threei}  hey nathan
[14:08] {nathan} :-)
[14:08] {dino} knop drop
[14:10] {nathan} how was the morning?
01[14:11] {@Threei}  not mine
01[14:13] {@Threei} Long Setup:  IWM  .90 break
01[14:13] {@Threei}  late...
01[14:14] {@Threei}  grrrrr
[14:14] {RonS} crude to 47
01[14:15] {@Threei}  somewhere in Kremlin Putin does the rain dance
01[14:16] {@Threei}  crap... 1:4
01[14:16] {@Threei}  with no single pullback
01[14:18] {@Threei} Long Setup:  FB  .55 break
01[14:18] {@Threei}  If holds  .45
01[14:19] {@Threei}  1:1
[14:24] {nemo} VXX
[14:24] {nemo} 45 break
[14:24] {nemo} .45
[14:24] {dino} w/ya fb
[14:25] {nemo} got 1:1 but u had to be quick
01[14:27] {@Threei}  held well FB
01[14:27] {@Threei}  let's go now
[14:28] {dino} out fb .68,
[14:28] {dino} +.12
[14:29] {dino} dp, 3i trade i take at least 1k shares, so smaller moves
[14:29] {RonS} crude 48.72
[14:31] {dino} tna sm l .63
[14:31] {nemo} closer to a short dino
[14:31] {dino} thx
[14:31] {nemo} look at that run
[14:32] {dino} out tna .93, +.30
[14:32] {nemo} Weekly Pivot 116.93 IWM
[14:33] {dino} nemo, could be in for reverse of yesterday,and go green
01[14:33] {@Threei}  1:2
[14:33] {dino} that would fool most
[14:33] {nemo} we're due for a bounce for a day or two, point is that was a helluva IWM run with no pullback
[14:33] {dino} already bounced 150 pts
[14:33] {nemo} see TNA now
[14:33] {dino} understood
[14:34] {nemo} vwap test likely
[14:40] {RonS} fcx mine becomes yours
[14:40] {dino} blood mine
[14:40] {dino} their buy of the oil company was timed seriously bad
[14:41] {dino} flml sm l .90
[14:41] {RonS} copper dropped overnight in China by 6.5%
[14:41] {dino} add what oils been doing to that and fcx in a world of sh#t
[14:47] {dino} out flml .35, +.45
[14:47] {RonS} gj
[14:47] {JoebiWan} nice
[14:47] {dino} ty
[14:47] {dino} oulp type
[14:47] {dino} pulp
[14:48] {RonS} ya well, if ese held he oulped...
[14:48] {dino} hope ese didn't hold that
[14:48] {dino} his last post said he thought 21 on it
[14:50] {RonS} crude almost hit 49, now 48
[14:50] {nemo} profit taking...they've made so much money they don't care
01[14:53] {@Threei}  no kidding
01[14:53] {@Threei}  100% in 6 months
[14:56] {nemo} o.k. dino that TNA was luck
[15:00] {dptl} gn all see ya tomorrow
01[15:09] {@Threei} Short Setup: FB  .30 break
01[15:09] {@Threei}  If holds  .40
01[15:10] {@Threei}  1:1
[15:25] {nemo} look @ crude futures...wow
01[15:27] {@Threei} Long Setup:  IWM  .90 break
01[15:27] {@Threei}  If holds  .80
01[15:29] {@Threei}  1:1
01[15:30] {@Threei}  1:2
01[15:30] {@Threei}  (close enough)
01[15:31] {@Threei}  stop .94 for the last piece
01[15:32] {@Threei}  closed
01[15:34] {@Threei} Long Setup:  IWM  .80 break
01[15:34] {@Threei}  If holds  .70
01[15:36] {@Threei}  Invalidated
01[15:38] {@Threei}  got away
01[15:38] {@Threei}  ok guys, considering how the day goes, let me finish on that 1:2
01[15:38] {@Threei}  thank you all, have a good evening
01[15:38] {@Threei}  see you tomorrow