TradeTheNews.com Weekly
Market Update: Quantitative Easing, Redux
Fri, 23 Jan 2015 16:05 PM EST
The European Central Bank launched a quantitative easing program of its very
own this week, pledging to expand its balance sheet by at least €1.1 trillion
via purchases of Eurozone sovereign bonds. The ECB move had been extremely well
telegraphed to markets but European equities rocked higher and the euro tanked
on the news nevertheless (the EuroStoxx50 gained 5.6% on the week, EUR/USD
plummeted to 12-year lows). The Shanghai and Hong Kong indices saw robust gains
as the mixed 2014 Chinese GDP report gave investors hope that more PBoC easing
might be right around the corner. More current data only highlighted China's
slowdown: the January flash HSBC PMI reading suggested manufacturing could
contract for a second consecutive month. In the US, equities made back most of
their losses from last week and the 10-year UST yield consolidated below 1.85%
while many European government bond rates hit new lifetime lows after the QE
announcement. Markets also digested an influx of corporate earnings reports and
2015 outlooks. For the week, the DJIA added 0.9%, the S&P500 gained 1.6%
and the Nasdaq rose 2.7%.
The ECB will purchase €60 billion of sovereign debt from Eurozone member states
every month until at least September 2016. The program may very well go on
longer, until, as Draghi said, "we see a sustained adjustment in the path
of inflation." In a concession to German QE skeptics, both the ECB and
member national central banks will buy bonds, sharing the risk of default. The
Germans were hardly appreciative: Bundesbank President Weidmann rejected the
new QE program and said it would be very challenging to hike rates when they
were needed. The euro plunged after the announcement, with EUR/USD testing the
lower end of 1.11, for 12-year lows. Some analysts suggested EUR/USD could go
to parity soon. Yields on peripheral Eurozone debt plunged to all-time lows,
while the 10-year bund yield dropped to a record low of 0.353%.
Less than a week after the Swiss National Bank yanked away its euro peg,
markets were surprised by another central bank as the Bank of Canada
unexpectedly cut its key rate just a day ahead of the ECB QE announcement. The
Bank of Canada cut rates 25 basis points to 0.75% justifying the move on
grounds of falling oil prices and slowing reduction of excess capacity. Less
surprisingly, the Danish central bank cut its deposit rate to -0.20% and its
lending rate to 0.05% to offset the ECB action. Meanwhile the minutes of the
last Bank of England meeting revealed a big shift on the MPC: two former
hawkish members changed their policy stances, saying the bank should hold off
on rate hikes due to prolonged low inflation.
The IMF cut its 2015 global GDP forecast to 3.5% from 3.8% and reduced its 2016
global outlook to 3.7% from 4.0%. China and Japan were cut 0.3 pts and 0.2 pts
to 6.8% and 0.6%, respectively for 2015, while the US was the only major
economy to have its outlook raised. The IMF remarked that the dimming outlook
worldwide underscores need for stronger policy action to boost growth, and that
even the positive aspect of lower oil prices is offset by the broad slowdown.
Swiss officials were out in force defending their decision to drop the EUR/CHF
floor. SNB Chief Jordan said the cap was no longer justified because the Swiss
economy was improving and was never meant to be permanent anyway. Jordan
acknowledged that the economic situation in Switzerland was more difficult
after the decision while pleading that SNB monetary policy couldn't make
everybody happy. Swiss Finance Minister Widmer-Schlumpf estimated that EUR/CHF
at 1.10 was a reasonable level for the nation's exporters. EUR/CHF approached
last week's low of 0.9749, prompting chatter the SNB would have to cut rates
again.
The decline in crude prices slowed this week, with both WTI and Brent hovering
around the mid-to-high-$40s range throughout the week. At Davos, OPEC Secretary
General El-Badri asserted that oil prices would stay around $45-50 as global
economic weakness kept prices low. Back at the ranch in Saudi Arabia, King
Abdullah finally passed away after several weeks of rumors he had already died.
Salman bin Abdulaziz Al Saud, the 79-year old brother of the king and a former
Minister of Defense, was installed as the new monarch. Reports suggest he is in
poor health and possibly has dementia, with the complicated royal family riven
by factional disputes. Crude saw a brief rally on the confirmation of
Abdullah's death, but returned to trend as Salman pledged to continue all of
his predecessor's policies.
In earnings, oil services names Halliburton and Baker Hughes both topped market
expectations in fourth-quarter reports, with solid earnings and very good
revenue growth. Airlines Southwest and United Continental saw solid gains after
both firms comfortably beat earnings expectations. US-traded Industrials
Honeywell and General Electric gained after solid quarterly results. Shares of
German software giant SAP dumped after the company cut its profit outlook
through its 2017 fiscal year, while IBM sank after disclosing yet another
quarter of y/y revenue contraction and some less than stellar FY15 guidance.
American Express unveiled a plan to restructure, cutting 6% of its workforce.
UPS skidded after cutting its FY14 outlook on greater-than-expected
fourth-quarter expenses. McDonald's fourth quarter results were severely
undercooked: the firm missed on the top- and bottom lines, while comps remained
negative in all major regions. Netflix soared on good gains in subscribers,
especially in international markets.
After a very mixed Q4 in China, there had been fears that China's 2014 GDP
would miss both official and market expectations. The figure came in at 7.4%,
beating the 7.3% consensus outlook but below Beijing's 7.5% target, the first
time the official goal has been missed since 1998 and the lowest rate of growth
in 24 years. The consumption component of GDP rose to 51.2% from 48.2% in 2013,
reflecting continued rebalancing of the economy. December industrial production
topped estimates to reach a 3-month high, as power generation beat the low
power consumption figure estimated by the National Energy Administration last
week. Later in the week, the PBoC injected liquidity into money markets via
reverse repos for the first time in nearly a year in anticipation of Lunar New
Year holiday cash demand. HSBC flash manufacturing PMI also beat expectations
and improved to 49.8 despite remaining in contraction territory for the 2nd
straight month. After a perilous 7.7% plunge on Monday due to regulatory
scrutiny of margin securities at trading firms, the Shanghai Composite regained
its footing, testing a 5-year high above 3,400 on Friday.
As anticipated, the Bank of Japan maintained its key policy tool to expand the
monetary base by ¥80 trillion a year, while also extending its low-rate funding
scheme by a year and boosting provision to each institution from ¥1T to ¥2T.
The BoJ also kept its overall economic assessment, but raised its view on
industrial output to state that it has bottomed. Accompanying the decision, the
BOJ released its updated forecasts of growth and inflation, lowering the 2015
GDP target to -0.5% from +0.5% but raising its forecasts for the next two
years. The CPI outlook was particularly less rosy for FY15/16, as Governor
Kuroda lowered the target to 1.0% from 1.7% and effectively acknowledged that
Japan would miss its 2-year time frame to return to 2% inflation. Speaking in
Davos on Friday, Kuroda maintained there's still plenty of scope to adjust
policy if needed.
Friday, January 23, 2015
Jan 23 2015
Two 1:4 trades and two scalps in first 30 minutes, not too shabby. First one was on SBUX short, second is presented on the screenshot:
Ending with another 1:4 on VXX, the best day of the uneven week.
Session Time: Fri Jan 23 00:00:00 2015
[08:50] {JoebiWan} gm
01[08:50] {@Threei} jw :)
[09:05] {dino} gm
01[09:05] {@Threei} dino :)
[09:11] {RonS} gm...mea culpa dino, that input on fxe sucked
01[09:11] {@Threei} ron :)
[09:12] {RonS} ups wrecked
[09:12] {RonS} kmb wiped
01[09:13] {@Threei} EUR/USD at fresh 11-year lows below the 1.1250 area.
01[09:13] {@Threei} - Focus turns to the weekend Greek parliamentary elections to see if anti-austerity party takes over
01[09:14] {@Threei} - Crude Oil initially spiked up almost 3% to near $47.80 after confirmed death of Saudi Arabia's King Adbullah despite the well-articulated succession plan. WTI gave back all of its gains after new Saudi King Salman stated that he would maintain the policies of predecessor
[09:21] {RonS} rcl ccl cruising
[09:23] {dino} lol
[09:24] {RonS} Expedia Buys Travelocity From Sabre for $280 Mln in Cash
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -INFN +15% (earnings)
01[09:27] {@Threei} -VTAE +8.5% (priced 3M shares at $11.90)
01[09:27] {@Threei} -ETFC +6% (earnings)
01[09:27] {@Threei} -MXIM +5% (earnings)
01[09:27] {@Threei} -SBUX +4.5% (earnings)
01[09:27] {@Threei} -LULU +4% (positive broker commentary)
01[09:27] {@Threei} -MIK +2.2% (priced 18.8M shares at $23.52)
01[09:27] {@Threei} -LNKD +2.2% (positive broker commentary)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -LF -32% (earnings)
01[09:27] {@Threei} -DWA -15% (restructuring plan & 5K jobs cut)
01[09:27] {@Threei} -UPS -7% (guided Q4 below estimates)
01[09:27] {@Threei} -ZFGN -5.5% (priced 3.9M shares at $35)
01[09:27] {@Threei} -KMB -4.6% (earnings)
01[09:27] {@Threei} -ALTR -4.1% (earnings)
01[09:27] {@Threei} -FDX -2.5% (momentum from UPS news)
01[09:27] {@Threei} -FCX -1.6% (negative broker commentary)
[09:27] {dptl} gm
01[09:28] {@Threei} dp :)
01[09:32] {@Threei} Short Setup: SBUX .80 break
01[09:32] {@Threei} If holds .90
01[09:32] {@Threei} change to .85 break
01[09:33] {@Threei} Invalidated
[09:33] {RonS} change to have a cup of coffee?
01[09:34] {@Threei} one thing I surely hate about SBUX is their coffee :)
[09:34] {RonS} wow syf
01[09:34] {@Threei} Short Setup: SBUX .90 break0 break
01[09:34] {@Threei} If holds 87
01[09:34] {@Threei} 1:1
01[09:35] {@Threei} 1:2
01[09:36] {@Threei} 1:3
01[09:36] {@Threei} 1:4
01[09:36] {@Threei} out
[09:36] {JoebiWan} gj
01[09:36] {@Threei} ty
[09:36] {RonS} a beaut thanks 3i
01[09:36] {@Threei} maybe that'll teach you how to brew that crap, SBUX
01[09:36] {@Threei} yw
01[09:37] {@Threei} and btw, as it was not enough to kill such a great drink, they try the same with tea now, via crap they sell in Teatopia
01[09:38] {@Threei} Long Setup: FB .35 break
01[09:38] {@Threei} late
01[09:41] {@Threei} Long Setup: VXX .65 break
01[09:41] {@Threei} If holds .55
01[09:42] {@Threei} stop .59
01[09:42] {@Threei} half out
01[09:42] {@Threei} .64 now
01[09:44] {@Threei} Long Setup: FB .40 break
01[09:44] {@Threei} If holds .30
01[09:45] {@Threei} *(US) JAN PRELIMINARY MARKIT MANUFACTURING PMI: 53.7 V 54.0E
01[09:45] {@Threei} stop to .34
01[09:46] {@Threei} 1:1
01[09:47] {@Threei} P Seeing early call activityJan weekly calls active
[09:47] {cosmo} so coffee was a great drink before SBUX?
[09:47] {cosmo} and now its no more?
01[09:49] {@Threei} not in their stores
01[09:50] {@Threei} and then there is such thing as contagion - more people are taught to think this is how coffee should taste, and they buy that and demand that, so more shops follow the suit... getting the picture?
[09:50] {cosmo} I know their stores have a very characteristic odor about them
[09:50] {cosmo} unlike Pete's, etc
[09:53] {RonS} guess must be bad, sbux stock up 13,000% since 1992 ipo
01[09:53] {@Threei} Long Setup: P .20 break
01[09:53] {@Threei} If holds .10
[09:54] {nemo} why is it up?
01[09:54] {@Threei} two-suded
01[09:54] {@Threei} sided
[09:54] {nemo} yeah, vwap just under 17
[09:55] {nemo} watch UPS
[09:56] {RonS} upi pulpating again
[09:57] {RonS} sorry uri
[09:58] {RonS} ups volume profile to the downside is cliffish
01[10:00] {@Threei} *(US) DEC EXISTING HOME SALES: 5.04M V 5.08ME
01[10:00] {@Threei} *(US) DEC LEADING INDEX: 0.5% V 0.4%E
01[10:00] {@Threei} 1:1
01[10:01] {@Threei} 1:2
01[10:02] {@Threei} 1:3
01[10:03] {@Threei} will try for 1:5
01[10:04] {@Threei} 1:4
01[10:06] {@Threei} closed
01[10:23] {@Threei} FDX Halted; reaffirms FY15 guidance $8.50-9.00 v $8.94e
[10:25] {RonS} FedEx: Outlook Assumes Continued Moderate Economic Growth and Modest Net Benefit From Fuel
[10:25] {RonS} lol
01[10:35] {@Threei} Long Setup: VXX .45 break
[10:35] {pamsv} vxx
01[10:35] {@Threei} If holds .35
[10:35] {pamsv} oops wrong window
01[10:41] {@Threei} stop to .39
01[10:41] {@Threei} 1:1
[10:45] {nemo} wake up Vad
01[10:45] {@Threei} 1:2
01[10:45] {@Threei} lol
[10:45] {JoebiWan} great morning, ty vad
01[10:45] {@Threei} yw
01[10:45] {@Threei} 100%
01[10:45] {@Threei} 1:3
01[10:46] {@Threei} 1:4
01[10:47] {@Threei} closed
[10:57] {JoebiWan} gotta run. cya all
[10:57] {dino} cya
01[10:57] {@Threei} take care jw
01[11:33] {@Threei} German Chancellor Angela Merkel has offered the Russian government negotiations with the European Union on the "possibilities of a cooperation in a joint trade area" in exchange for a comprehensive resolution of the conflict in eastern Ukraine
[11:35] {RonS} come to Colorado, we're already trading joints...
01[11:37] {@Threei} joints?
01[11:37] {@Threei} ah
01[11:37] {@Threei} lol
[11:37] {nemo} spleef
01[11:37] {@Threei} so... rebels declare they are going to push on with offensive
01[11:38] {@Threei} EY commissions allowed member countries weapin supplies to Ukraine
01[11:38] {@Threei} EU
01[11:39] {@Threei} and Putin purges his inner circle, getting rid of olygarchs and keeping war hawks closer
01[11:39] {@Threei} getting a feel where this is going?
[11:41] {dino} yes, unfortunately
[11:52] {dino} hlf spike
01[11:54] {@Threei} HLF CNBC's Wapner: Post holdings's Stiritz (approx 8% holder) is buying more shares though not enough to trigger a new SEC filing; has not sold any of his stake
01[12:10] {@Threei} Salman bin Abdulaziz Al Saud, the 79-year old brother of the king and a former Minister of Defense, was installed as the new monarch. Reports suggest he is in poor health and possibly has dementia, with the complicated royal family riven by factional disputes
01[12:10] {@Threei} so... with Greek election over the weekend, will we see any drop toward eod?
[12:31] {nemo} I think it's a foregone conclusion, probably see vxx move though
01[12:34] {@Threei} dunno... we exected the dame last Friday, never came to be
01[12:34] {@Threei} the same
[12:34] {nemo} had a .50 upmove at the end of the day
01[12:34] {@Threei} yeah, on last 30 seconds
01[12:35] {@Threei} untradable
[12:35] {nemo} it was tradeable for those with brass ones
[12:38] {RonS} like brady talkin about his balls?
01[12:39] {@Threei} underinflated?
[12:39] {nemo} yep
01[12:47] {@Threei} LOL:
01[12:47] {@Threei} Vegetarians live up to nine years longer. Nine horrible, tedious, meaningless, worthless, baconless, cheeseburgerless, meatless years.
[12:47] {nemo} They probably don't drink either
01[12:53] {@Threei} another from the same guy: If anyone's interested, I am going to sign the books in B&N today after 2 pm, and till security escorts me out
01[13:23] {@Threei} uh oh... we might need those wooden stakes, silver stakes and whatever else we find:
01[13:23] {@Threei} (BR) Brazil Central Bank's Tombini: EU stimulus package will help revive animal spirits in Europe
[13:24] {RonS} some net guy said yesterday: who is left to do QE? Cuba?
01[13:24] {@Threei} lol
01[13:24] {@Threei} Zimbabwe?
01[13:25] {@Threei} wait...
01[13:25] {@Threei} they don't have to, deflation is not their problem
[13:25] {RonS} oh Canada!... but you guys have inflation...
01[13:25] {@Threei} we so do
[13:26] {RonS} we do too, they just lie about it
01[13:26] {@Threei} isn't it amazing how official data can differ from everyday's reality so starkly?
01[13:27] {@Threei} sure, gasoline price drop can mask a lot of inflation in given time period
01[13:27] {@Threei} but there is inflation, undoubtedly
[13:28] {nemo} VXX
[13:28] {nemo} sheesh, XOP
01[13:29] {@Threei} I tried to calculate yesterday how much money fuel drop can save me, with assumption of prices staying where they are today. Came up with about $1400 - 1600 per hpousehold
01[13:29] {@Threei} annually of course
[13:29] {nemo} XOP
01[13:29] {@Threei} ?
[13:31] {nemo} break of .30 looks interesting
[13:32] {dino} inflation in things you need, deflation in things you want
[13:32] {nemo} I'd like to see deflation of my electric bill but that ain't happening
[13:34] {nemo} when does aapl announce?
01[13:34] {@Threei} that's a good way to put it dino
01[13:35] {@Threei} well, except fuel... this we need :)
[13:36] {RonS} but you live on an island, can't you walk everywhere? :)
[13:37] {RonS} get this my wife's sister and husband walked across Britain
[13:37] {nemo} IWM looks short
[13:37] {RonS} but he's a preacher so manybe he floated...
[13:37] {nemo} needs to hold below vwap
01[13:37] {@Threei} well... I am not that heroic, I prefer driving :)
01[13:38] {@Threei} unfortunately, mine is not this little catroonish island with one palm tree in the middle and beach all around {G}
[13:39] {RonS} lol
[13:39] {nemo} anybody get XOP...just went 1:4
01[13:40] {@Threei} VLO *INCREASES DIVIDEND 45% TO $0.40 FROM $0.275
01[13:40] {@Threei} cool call nemo
01[13:40] {@Threei} nice setup
[13:41] {nemo} needs to hold .64
[13:41] {nemo} 46ish in cards
[13:44] {dino} gj
01[13:56] {@Threei} VXX is tempting on 31 break but I'll resist temptation
01[13:56] {@Threei} if it breaks will wait for a rinse
[13:56] {nemo} early yet
[13:57] {nemo} the other thing is aapl I think announces on Monday...it's the big kahuna in so many indexes, withou it being weak, hard for stuff to go down
[13:59] {RonS} these guys show tues amc but the aterisk means "unconfirmed": http://www.estimize.com/
[13:59] {nemo} then it's Tuesday
[14:00] {nemo} It's #1 by weight in the Qs, S&P500, RUT1000
[14:00] {RonS} breifing.com shows tues as well
[14:00] {RonS} ie
01[14:08] {@Threei} Tiesday according to TTN calendar
[14:09] {nemo} so appl will be bought into earnings
01[14:09] {@Threei} notice what VXX did
[14:09] {nemo} which will apply upward pressure on the indexes
01[14:09] {@Threei} broke, rinsed, and gave 1:1 from .90
01[14:09] {@Threei} just as foretold
[14:10] {nemo} VXX
[14:10] {nemo} neds to hold above .05
[14:10] {nemo} needs
[14:11] {nemo} IMMHO
[14:11] {nemo} yeah, right
[14:12] {nemo} aapl bounce territory
01[14:12] {@Threei} (UR) Pro-Russia rebels reportedly reject peace proposal in Ukraine and have begun an offensive - press - Rebel leader Zakharchenko: Launching a new offensive to forestall attack by Ukrainian army to push the government troops to the border of the Donetsk region and possibly beyond.
01[14:13] {@Threei} a few real time reports over last couple hours, there are advances with heavy equipments in at least two major directions
[14:14] {dino} ukrained is screwed
[14:16] {nemo} support .04 for vxx
[14:17] {nemo} aapl can't get above .30 will likely test 113
[14:17] {nemo} SPY at vwap/channel support
[14:17] {pamsv} ok thanks guys - have a good weekend
01[14:18] {@Threei} you too pam
01[14:19] {@Threei} isn't it incredible, how rebels are armed with tanks, multiple rocket launchers, ground-air defense systems etc etc, yet Russia says it doesn't supply them
[14:26] {dptl} good weekend all see you monday
[14:27] {RonS} cya dp
01[14:27] {@Threei} take care dp
01[14:37] {@Threei} VXX pullback under .10 will deserve a buy probably
01[14:39] {@Threei} http://www.businessinsider.com/putin-said-he-could-destroy-the-us-2015-1
01[14:41] {@Threei} Long Setup: XOP .80 break
01[14:41] {@Threei} If holds .70
[14:42] {dino} incy spike
[14:48] {nemo} VXX @vwap
01[14:50] {@Threei} missed VXX
[14:50] {nemo} I didn't...look at aapl
[14:50] {nemo} test 113
01[15:05] {@Threei} A lawmaker from the ruling United Russia party has offered his advice to Russians struggling to pay for food amid the country's soaring inflation: "Eat less."
01[15:06] {@Threei} sounds about right
01[15:08] {@Threei} drop started a bit too early
01[15:08] {@Threei} starting to think rally into close
[15:08] {nemo} vwap
[15:13] {cosmo} I'm eating less, but it doesn't help. At some point you have to excercise more.
[15:13] {nemo} duh
[15:17] {dino} lol
[15:18] {nemo} when you eat less your metabolism slows down to compensate for the lower calorie intake partially defeating the purpose for the lower calories
01[15:18] {@Threei} Long Setup: IWM .15 break
01[15:18] {@Threei} If holds .05
[15:19] {cosmo} Hibernate then...like bears
[15:20] {cosmo} good advice maybe for russia
01[15:28] {@Threei} 1:1
01[15:43] {@Threei} OK guys, ending for the week
01[15:43] {@Threei} thank you all, have a great weekend
01[15:43] {@Threei} see you monday
[15:43] {RonS} u 2...
Ending with another 1:4 on VXX, the best day of the uneven week.
Session Time: Fri Jan 23 00:00:00 2015
[08:50] {JoebiWan} gm
01[08:50] {@Threei} jw :)
[09:05] {dino} gm
01[09:05] {@Threei} dino :)
[09:11] {RonS} gm...mea culpa dino, that input on fxe sucked
01[09:11] {@Threei} ron :)
[09:12] {RonS} ups wrecked
[09:12] {RonS} kmb wiped
01[09:13] {@Threei} EUR/USD at fresh 11-year lows below the 1.1250 area.
01[09:13] {@Threei} - Focus turns to the weekend Greek parliamentary elections to see if anti-austerity party takes over
01[09:14] {@Threei} - Crude Oil initially spiked up almost 3% to near $47.80 after confirmed death of Saudi Arabia's King Adbullah despite the well-articulated succession plan. WTI gave back all of its gains after new Saudi King Salman stated that he would maintain the policies of predecessor
[09:21] {RonS} rcl ccl cruising
[09:23] {dino} lol
[09:24] {RonS} Expedia Buys Travelocity From Sabre for $280 Mln in Cash
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -INFN +15% (earnings)
01[09:27] {@Threei} -VTAE +8.5% (priced 3M shares at $11.90)
01[09:27] {@Threei} -ETFC +6% (earnings)
01[09:27] {@Threei} -MXIM +5% (earnings)
01[09:27] {@Threei} -SBUX +4.5% (earnings)
01[09:27] {@Threei} -LULU +4% (positive broker commentary)
01[09:27] {@Threei} -MIK +2.2% (priced 18.8M shares at $23.52)
01[09:27] {@Threei} -LNKD +2.2% (positive broker commentary)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -LF -32% (earnings)
01[09:27] {@Threei} -DWA -15% (restructuring plan & 5K jobs cut)
01[09:27] {@Threei} -UPS -7% (guided Q4 below estimates)
01[09:27] {@Threei} -ZFGN -5.5% (priced 3.9M shares at $35)
01[09:27] {@Threei} -KMB -4.6% (earnings)
01[09:27] {@Threei} -ALTR -4.1% (earnings)
01[09:27] {@Threei} -FDX -2.5% (momentum from UPS news)
01[09:27] {@Threei} -FCX -1.6% (negative broker commentary)
[09:27] {dptl} gm
01[09:28] {@Threei} dp :)
01[09:32] {@Threei} Short Setup: SBUX .80 break
01[09:32] {@Threei} If holds .90
01[09:32] {@Threei} change to .85 break
01[09:33] {@Threei} Invalidated
[09:33] {RonS} change to have a cup of coffee?
01[09:34] {@Threei} one thing I surely hate about SBUX is their coffee :)
[09:34] {RonS} wow syf
01[09:34] {@Threei} Short Setup: SBUX .90 break0 break
01[09:34] {@Threei} If holds 87
01[09:34] {@Threei} 1:1
01[09:35] {@Threei} 1:2
01[09:36] {@Threei} 1:3
01[09:36] {@Threei} 1:4
01[09:36] {@Threei} out
[09:36] {JoebiWan} gj
01[09:36] {@Threei} ty
[09:36] {RonS} a beaut thanks 3i
01[09:36] {@Threei} maybe that'll teach you how to brew that crap, SBUX
01[09:36] {@Threei} yw
01[09:37] {@Threei} and btw, as it was not enough to kill such a great drink, they try the same with tea now, via crap they sell in Teatopia
01[09:38] {@Threei} Long Setup: FB .35 break
01[09:38] {@Threei} late
01[09:41] {@Threei} Long Setup: VXX .65 break
01[09:41] {@Threei} If holds .55
01[09:42] {@Threei} stop .59
01[09:42] {@Threei} half out
01[09:42] {@Threei} .64 now
01[09:44] {@Threei} Long Setup: FB .40 break
01[09:44] {@Threei} If holds .30
01[09:45] {@Threei} *(US) JAN PRELIMINARY MARKIT MANUFACTURING PMI: 53.7 V 54.0E
01[09:45] {@Threei} stop to .34
01[09:46] {@Threei} 1:1
01[09:47] {@Threei} P Seeing early call activityJan weekly calls active
[09:47] {cosmo} so coffee was a great drink before SBUX?
[09:47] {cosmo} and now its no more?
01[09:49] {@Threei} not in their stores
01[09:50] {@Threei} and then there is such thing as contagion - more people are taught to think this is how coffee should taste, and they buy that and demand that, so more shops follow the suit... getting the picture?
[09:50] {cosmo} I know their stores have a very characteristic odor about them
[09:50] {cosmo} unlike Pete's, etc
[09:53] {RonS} guess must be bad, sbux stock up 13,000% since 1992 ipo
01[09:53] {@Threei} Long Setup: P .20 break
01[09:53] {@Threei} If holds .10
[09:54] {nemo} why is it up?
01[09:54] {@Threei} two-suded
01[09:54] {@Threei} sided
[09:54] {nemo} yeah, vwap just under 17
[09:55] {nemo} watch UPS
[09:56] {RonS} upi pulpating again
[09:57] {RonS} sorry uri
[09:58] {RonS} ups volume profile to the downside is cliffish
01[10:00] {@Threei} *(US) DEC EXISTING HOME SALES: 5.04M V 5.08ME
01[10:00] {@Threei} *(US) DEC LEADING INDEX: 0.5% V 0.4%E
01[10:00] {@Threei} 1:1
01[10:01] {@Threei} 1:2
01[10:02] {@Threei} 1:3
01[10:03] {@Threei} will try for 1:5
01[10:04] {@Threei} 1:4
01[10:06] {@Threei} closed
01[10:23] {@Threei} FDX Halted; reaffirms FY15 guidance $8.50-9.00 v $8.94e
[10:25] {RonS} FedEx: Outlook Assumes Continued Moderate Economic Growth and Modest Net Benefit From Fuel
[10:25] {RonS} lol
01[10:35] {@Threei} Long Setup: VXX .45 break
[10:35] {pamsv} vxx
01[10:35] {@Threei} If holds .35
[10:35] {pamsv} oops wrong window
01[10:41] {@Threei} stop to .39
01[10:41] {@Threei} 1:1
[10:45] {nemo} wake up Vad
01[10:45] {@Threei} 1:2
01[10:45] {@Threei} lol
[10:45] {JoebiWan} great morning, ty vad
01[10:45] {@Threei} yw
01[10:45] {@Threei} 100%
01[10:45] {@Threei} 1:3
01[10:46] {@Threei} 1:4
01[10:47] {@Threei} closed
[10:57] {JoebiWan} gotta run. cya all
[10:57] {dino} cya
01[10:57] {@Threei} take care jw
01[11:33] {@Threei} German Chancellor Angela Merkel has offered the Russian government negotiations with the European Union on the "possibilities of a cooperation in a joint trade area" in exchange for a comprehensive resolution of the conflict in eastern Ukraine
[11:35] {RonS} come to Colorado, we're already trading joints...
01[11:37] {@Threei} joints?
01[11:37] {@Threei} ah
01[11:37] {@Threei} lol
[11:37] {nemo} spleef
01[11:37] {@Threei} so... rebels declare they are going to push on with offensive
01[11:38] {@Threei} EY commissions allowed member countries weapin supplies to Ukraine
01[11:38] {@Threei} EU
01[11:39] {@Threei} and Putin purges his inner circle, getting rid of olygarchs and keeping war hawks closer
01[11:39] {@Threei} getting a feel where this is going?
[11:41] {dino} yes, unfortunately
[11:52] {dino} hlf spike
01[11:54] {@Threei} HLF CNBC's Wapner: Post holdings's Stiritz (approx 8% holder) is buying more shares though not enough to trigger a new SEC filing; has not sold any of his stake
01[12:10] {@Threei} Salman bin Abdulaziz Al Saud, the 79-year old brother of the king and a former Minister of Defense, was installed as the new monarch. Reports suggest he is in poor health and possibly has dementia, with the complicated royal family riven by factional disputes
01[12:10] {@Threei} so... with Greek election over the weekend, will we see any drop toward eod?
[12:31] {nemo} I think it's a foregone conclusion, probably see vxx move though
01[12:34] {@Threei} dunno... we exected the dame last Friday, never came to be
01[12:34] {@Threei} the same
[12:34] {nemo} had a .50 upmove at the end of the day
01[12:34] {@Threei} yeah, on last 30 seconds
01[12:35] {@Threei} untradable
[12:35] {nemo} it was tradeable for those with brass ones
[12:38] {RonS} like brady talkin about his balls?
01[12:39] {@Threei} underinflated?
[12:39] {nemo} yep
01[12:47] {@Threei} LOL:
01[12:47] {@Threei} Vegetarians live up to nine years longer. Nine horrible, tedious, meaningless, worthless, baconless, cheeseburgerless, meatless years.
[12:47] {nemo} They probably don't drink either
01[12:53] {@Threei} another from the same guy: If anyone's interested, I am going to sign the books in B&N today after 2 pm, and till security escorts me out
01[13:23] {@Threei} uh oh... we might need those wooden stakes, silver stakes and whatever else we find:
01[13:23] {@Threei} (BR) Brazil Central Bank's Tombini: EU stimulus package will help revive animal spirits in Europe
[13:24] {RonS} some net guy said yesterday: who is left to do QE? Cuba?
01[13:24] {@Threei} lol
01[13:24] {@Threei} Zimbabwe?
01[13:25] {@Threei} wait...
01[13:25] {@Threei} they don't have to, deflation is not their problem
[13:25] {RonS} oh Canada!... but you guys have inflation...
01[13:25] {@Threei} we so do
[13:26] {RonS} we do too, they just lie about it
01[13:26] {@Threei} isn't it amazing how official data can differ from everyday's reality so starkly?
01[13:27] {@Threei} sure, gasoline price drop can mask a lot of inflation in given time period
01[13:27] {@Threei} but there is inflation, undoubtedly
[13:28] {nemo} VXX
[13:28] {nemo} sheesh, XOP
01[13:29] {@Threei} I tried to calculate yesterday how much money fuel drop can save me, with assumption of prices staying where they are today. Came up with about $1400 - 1600 per hpousehold
01[13:29] {@Threei} annually of course
[13:29] {nemo} XOP
01[13:29] {@Threei} ?
[13:31] {nemo} break of .30 looks interesting
[13:32] {dino} inflation in things you need, deflation in things you want
[13:32] {nemo} I'd like to see deflation of my electric bill but that ain't happening
[13:34] {nemo} when does aapl announce?
01[13:34] {@Threei} that's a good way to put it dino
01[13:35] {@Threei} well, except fuel... this we need :)
[13:36] {RonS} but you live on an island, can't you walk everywhere? :)
[13:37] {RonS} get this my wife's sister and husband walked across Britain
[13:37] {nemo} IWM looks short
[13:37] {RonS} but he's a preacher so manybe he floated...
[13:37] {nemo} needs to hold below vwap
01[13:37] {@Threei} well... I am not that heroic, I prefer driving :)
01[13:38] {@Threei} unfortunately, mine is not this little catroonish island with one palm tree in the middle and beach all around {G}
[13:39] {RonS} lol
[13:39] {nemo} anybody get XOP...just went 1:4
01[13:40] {@Threei} VLO *INCREASES DIVIDEND 45% TO $0.40 FROM $0.275
01[13:40] {@Threei} cool call nemo
01[13:40] {@Threei} nice setup
[13:41] {nemo} needs to hold .64
[13:41] {nemo} 46ish in cards
[13:44] {dino} gj
01[13:56] {@Threei} VXX is tempting on 31 break but I'll resist temptation
01[13:56] {@Threei} if it breaks will wait for a rinse
[13:56] {nemo} early yet
[13:57] {nemo} the other thing is aapl I think announces on Monday...it's the big kahuna in so many indexes, withou it being weak, hard for stuff to go down
[13:59] {RonS} these guys show tues amc but the aterisk means "unconfirmed": http://www.estimize.com/
[13:59] {nemo} then it's Tuesday
[14:00] {nemo} It's #1 by weight in the Qs, S&P500, RUT1000
[14:00] {RonS} breifing.com shows tues as well
[14:00] {RonS} ie
01[14:08] {@Threei} Tiesday according to TTN calendar
[14:09] {nemo} so appl will be bought into earnings
01[14:09] {@Threei} notice what VXX did
[14:09] {nemo} which will apply upward pressure on the indexes
01[14:09] {@Threei} broke, rinsed, and gave 1:1 from .90
01[14:09] {@Threei} just as foretold
[14:10] {nemo} VXX
[14:10] {nemo} neds to hold above .05
[14:10] {nemo} needs
[14:11] {nemo} IMMHO
[14:11] {nemo} yeah, right
[14:12] {nemo} aapl bounce territory
01[14:12] {@Threei} (UR) Pro-Russia rebels reportedly reject peace proposal in Ukraine and have begun an offensive - press - Rebel leader Zakharchenko: Launching a new offensive to forestall attack by Ukrainian army to push the government troops to the border of the Donetsk region and possibly beyond.
01[14:13] {@Threei} a few real time reports over last couple hours, there are advances with heavy equipments in at least two major directions
[14:14] {dino} ukrained is screwed
[14:16] {nemo} support .04 for vxx
[14:17] {nemo} aapl can't get above .30 will likely test 113
[14:17] {nemo} SPY at vwap/channel support
[14:17] {pamsv} ok thanks guys - have a good weekend
01[14:18] {@Threei} you too pam
01[14:19] {@Threei} isn't it incredible, how rebels are armed with tanks, multiple rocket launchers, ground-air defense systems etc etc, yet Russia says it doesn't supply them
[14:26] {dptl} good weekend all see you monday
[14:27] {RonS} cya dp
01[14:27] {@Threei} take care dp
01[14:37] {@Threei} VXX pullback under .10 will deserve a buy probably
01[14:39] {@Threei} http://www.businessinsider.com/putin-said-he-could-destroy-the-us-2015-1
01[14:41] {@Threei} Long Setup: XOP .80 break
01[14:41] {@Threei} If holds .70
[14:42] {dino} incy spike
[14:48] {nemo} VXX @vwap
01[14:50] {@Threei} missed VXX
[14:50] {nemo} I didn't...look at aapl
[14:50] {nemo} test 113
01[15:05] {@Threei} A lawmaker from the ruling United Russia party has offered his advice to Russians struggling to pay for food amid the country's soaring inflation: "Eat less."
01[15:06] {@Threei} sounds about right
01[15:08] {@Threei} drop started a bit too early
01[15:08] {@Threei} starting to think rally into close
[15:08] {nemo} vwap
[15:13] {cosmo} I'm eating less, but it doesn't help. At some point you have to excercise more.
[15:13] {nemo} duh
[15:17] {dino} lol
[15:18] {nemo} when you eat less your metabolism slows down to compensate for the lower calorie intake partially defeating the purpose for the lower calories
01[15:18] {@Threei} Long Setup: IWM .15 break
01[15:18] {@Threei} If holds .05
[15:19] {cosmo} Hibernate then...like bears
[15:20] {cosmo} good advice maybe for russia
01[15:28] {@Threei} 1:1
01[15:43] {@Threei} OK guys, ending for the week
01[15:43] {@Threei} thank you all, have a great weekend
01[15:43] {@Threei} see you monday
[15:43] {RonS} u 2...
Thursday, January 22, 2015
Jan 22 2015
Catch of the Day, ascending triangle break on JPM
(Chart courtesy of brokerage)
Session Time: Thu Jan 22 00:00:00 2015
[08:41] {dino} gm
[08:45] {JoebiWan} gm
01[08:50] {@Threei} morning guys
[09:17] {RonS} gm...dateline Berkeley CA: Unknown person(s) placed two skinned boar's heads on the lid of a dumpster of a popular vegan restaurant...police are debating whether or not to pursue the matter as a "hate crime"...
01[09:17] {@Threei} ron :)
01[09:18] {@Threei} I think he was just trying to make them see whose food they were eating
[09:19] {dptl} gm
[09:20] {RonS} the hate crime thing is what is rich with irony...when everything is a hate crime why have the distinction? freakin liberals...
01[09:20] {@Threei} dp :)
[09:27] {RonS} At least 41 Ukraine soldiers, civilians killed in 24 hours: officials
01[09:27] {@Threei} fighting really flared up over last week or so
01[09:31] {@Threei} Long Setup: TWTR 38 break hl
01[09:31] {@Threei} If holds .90
01[09:31] {@Threei} lol
01[09:31] {@Threei} in
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} thank you kind soul who sold to my bid
01[09:35] {@Threei} Long Setup: IWM 116 break
01[09:35] {@Threei} If holds .90
01[09:36] {@Threei} Upside:
01[09:36] {@Threei} -CYN +18% (being acquired by RY)
01[09:36] {@Threei} -CYTR +13% (survival rates for Phase 2b Aldoxorubicin trial)
01[09:36] {@Threei} -FWM +9% (no news)
01[09:36] {@Threei} -LOGI +8.5% (earnings)
01[09:36] {@Threei} -BBRY +5% (Samsung reportedly continuing takeover or acquisition of significant stake efforts)
01[09:36] {@Threei} -LUV +4.3% (earnings)
01[09:36] {@Threei} -URI +3.4% (earnings)
01[09:36] {@Threei} -EBAY +3.2% (earnings)
01[09:36] {@Threei} no go
01[09:36] {@Threei} Downside:
01[09:36] {@Threei} -FFIV -15% (earnings)
01[09:36] {@Threei} -SNDK -7% (earnings)
01[09:36] {@Threei} -XLNX -6.5% (earnings)
01[09:36] {@Threei} -XXIA -4.2% (no news)
01[09:36] {@Threei} -DFS -3.7% (earnings)
01[09:36] {@Threei} -MDVN -3.3% (Phase 2 trial of PFS in prostate cancer met primary endpoint)
01[09:38] {@Threei} Long Setup: FB .20 break
01[09:38] {@Threei} .10
01[09:38] {@Threei} If holds 77
01[09:39] {@Threei} change to 77 break
01[09:39] {@Threei} If holds .90
01[09:39] {@Threei} 1:1
[09:41] {RonS} dlb sm l .22 s/l lod
[09:43] {RonS} s/l be
01[09:45] {@Threei} Long Setup: IWM .70 break
01[09:45] {@Threei} If holds .60
01[09:46] {@Threei} change to .50 break
01[09:46] {@Threei} If holds .40
[09:46] {nemo} not yet
01[09:46] {@Threei} no... was trying for double bottom
[09:46] {dino} ptct drop
[09:47] {dino} thin
[09:50] {RonS} trail stop dlb .55 +.33
[09:51] {dino} ptct sm l .30 wide
01[09:51] {@Threei} Long Setup: FB .90 break
[09:51] {dino} gj ron
01[09:51] {@Threei} If holds .80
01[09:51] {@Threei} 1:1
01[09:53] {@Threei} 1:2
[09:56] {RonS} cof hacking
01[09:56] {@Threei} lol
[09:59] {dino} aavl avalanche continues
01[10:00] {@Threei} (EU) EURO ZONE JAN ADVANCE CONSUMER CONFIDENCE: -8.5 V -10.5E
[10:01] {dino} aspx blood
[10:01] {dino} bio blood in general
[10:02] {RonS} all the secondaries... but now bouncing
[10:02] {RonS} clvs vrtx pcrx gwre
[10:03] {dino} not alny, aavl, ptct, agio, pbyi
[10:04] {RonS} buy xyz is solid
[10:04] {RonS} but
[10:05] {RonS} hey fish, how's the gig?
[10:05] {fish_49} going well thanks Hey all
[10:05] {nemo} anybody smell that?
01[10:05] {@Threei} hey fish
[10:05] {fish_49} Hey the guy above
01[10:05] {@Threei} lol
01[10:06] {@Threei} Long Setup: JPM .20 break
01[10:06] {@Threei} If holds .10
[10:06] {dino} hey fish
[10:06] {dino} sm l aavl .65
[10:06] {fish_49} Dino
01[10:08] {@Threei} stop to .14
[10:11] {dino} agio vsm l .99
[10:12] {dino} stx spike
[10:13] {RonS} $STX hearing samsung buying chatter
01[10:14] {@Threei} half out
01[10:14] {@Threei} stop .19
01[10:14] {@Threei} 1:1
[10:16] {fish_49} Go JPM Go
01[10:17] {@Threei} 1:2
01[10:17] {@Threei} 1:3
[10:17] {JoebiWan} gj
[10:17] {fish_49} 3
[10:17] {fish_49} great call Vad
06[10:17] * @Threei slaps fish_49 around a bit with a large roll of cash
[10:17] {fish_49} Gonna go to bed good night all happy trading
01[10:17] {@Threei} lol
[10:18] {fish_49} Good night to u also Toad face
[10:18] {nemo} frickin' Korean
[10:18] {dino} out agio 119.99, +2.00
[10:19] {RonS} wow gj
[10:19] {JoebiWan} nice
01[10:19] {@Threei} wtg
[10:19] {dino} ty
[10:21] {dino} out aavl .15, +.50
[10:22] {dino} out ewg calls, plan did not work, +.10 / 6%
01[10:22] {@Threei} + is +
01[10:30] {@Threei} (DE) Germany IFO's Sinn: QE moves from the ECB constitute an illegal monetary state financing
[10:31] {dino} so, arrest them
01[10:31] {@Threei} and shoot them
[10:32] {dino} occupy them?
01[10:32] {@Threei} and make sure to drive the wooden stake through their heart
01[10:32] {@Threei} 'cause as russian example shows, they don't just die
[10:34] {dino} alny sm l .38
[10:38] {cosmo} better use a silver stake
[10:39] {cosmo} before the cost goes up too much
[10:45] {dino} out alny .38, +1.00
[10:45] {RonS} gj
[10:45] {dino} ty
[10:50] {nemo} 204.70ish is the 50 day
[10:53] {RonS} finally, took aavl 37.97 out 39.45 +1.48 thanks dino
[10:55] {dino} yw, gj
[10:56] {dino} you do know it pisses me off when you make more on my calls than i do
[10:59] {RonS} hey, sometimes i play them better, sometimes worse...
[11:00] {RonS} watch the thing go green, and we can both be pissed off
[11:00] {RonS} as one trader i know says...all roads lead to pain
[11:04] {dino} out ptct .80, +.50 took awhile
[11:04] {dino} when going thru hell, keep going
01[11:05] {@Threei} Long Setup: VXX .25 break
[11:05] {nemo} too late
01[11:05] {@Threei} late...
[11:05] {dino} these bios, when they break, they are like slingshots
[11:06] {RonS} satchel paige: "don't look back, Nemo may be gaining on you"
01[11:06] {@Threei} lol
[11:06] {nemo} I just put the crosshairs center mass
[11:09] {RonS} classic: someone re-did that Dali piece w/ the drooping clocks...replaced the clocks w/ footballs and signed belichics name in the corner...sorry, no link
[11:10] {dino} youtube had the ac/dc song "i've got big balls" changed to bradys got soft ball, funny
01[11:11] {@Threei} lol
[11:11] {nemo} yeah, listened to Belichick's news conference this morning...Brady on @4
[11:15] {RonS} Brady is the Dick Clark of football...he never ages...met Vinatieri after the first Super win and compared to now...wow
01[11:15] {@Threei} VXX once again, same setup
01[11:15] {@Threei} .25 break
01[11:15] {@Threei} If holds .17
[11:16] {RonS} sheesh, uri
01[11:17] {@Threei} stop to .19
01[11:19] {@Threei} meh
01[11:31] {@Threei} Long Setup: IWM .05 break
01[11:31] {@Threei} change to 117
01[11:31] {@Threei} If holds .90
01[11:32] {@Threei} change to .95
01[11:33] {@Threei} If holds .88
01[11:37] {@Threei} 1:1
01[11:41] {@Threei} oh god
01[11:41] {@Threei} Bulletin of Atomic Scientists move DOOMSDAY CLOCK closer to midnight by 2 minutes to reach 3 minutes to midnight (vs 5 minutes to midnight prior) (update) - Warning that "the probability of global catastrophe is very high" unless quick action is taken, the Bulletin of the Atomic Scientists Science and Security Board today cited unchecked climate change and global nuclear weapons modernization as the basis for their decision to move the minute hand of the historic Doomsday Clock forward two minutes. The shift of the Doomsday Clock hands to three minutes to midnight is the first such adjustment to be made in three years. The Board also outlined action steps that will need to be taken "very soon" in order to avert catastrophe. - Source TradeTheNews.com
01[11:41] {@Threei} imbeciles
01[11:42] {@Threei} (GR) Latest Rass poll finds Syriza party with a wider lead that stands now at 4.8 points
[11:47] {dino} wtf are we wasting money on the doomsday clock for
[11:48] {RonS} ya, just source an app for the smart phones...
[11:49] {RonS} "hold on a second, need to check the time on my doomsday app"...
[11:49] {dino} ptct lod
[11:50] {dino} lol ron, yeah, don't think i can make that appointment, my doomsday clock says i need to take precautions
[11:51] {RonS} "oh shit, it's moved up a second...now one second away from doomsday...but wait, the last move took ten years...so we have plenty of time"
01[11:53] {@Threei} works for nemo... he is always like "man, I am running out of time, gotta pour that glass faster"
01[11:54] {@Threei} US - Cuba begin historic talks on restoring diplomatic ties
[12:00] {cosmo} Fukushima should have moved the clock up methinks. Do they account for that?
[12:03] {RonS} nah, they have a Godzilla clock for that...
01[12:04] {@Threei} last week we were told the chance of mega-earthquake in Victoria area next 50 years is 1 in 10
01[12:05] {@Threei} I now make the connection... they know Godzilla awakes
[12:05] {RonS} lol
01[12:05] {@Threei} because of Fukushima
01[12:05] {@Threei} on second thought, they may be just running out of grant money...
[12:06] {RonS} perfect
01[12:06] {@Threei} The ECB will purchase €60 billion of sovereign debt from Eurozone member states every month until at least September 2016, expanding its balance sheet by €1.1 trillion. Note that the program could go on longer, until, as Draghi said, "we see a sustained adjustment in the path of inflation." In a concession to German QE skeptics, both the ECB and member national central banks will buy bonds, sharing the risk of default.
01[12:07] {@Threei} WTI crude was volatile, ramping up as high as $49 just before the ECB decision and then testing one-week lows around $46.20 after the QE unveiling, on USD strength. The weekly DoE stockpiles report didn't help, as the report showed Cushing, OK reserves at their highest levels in many decades for this time of year, with a huge gain in the last week.
01[12:07] {@Threei} does Godzilla drink oil?
01[12:07] {@Threei} we have plenty
[12:08] {RonS} omg...in this day and age? http://www.marketwatch.com/story/phallic-shadows-naked-scrums-and-a-very-bad-day-for-ctpartners-2014-12-09?siteid=yhoof2
[12:08] {cosmo} Godzilla becomes oil
[12:16] {RonS} hey dino...
01[12:28] {@Threei} Long Setup: DAL .21 break
01[12:28] {@Threei} If holds .10
01[12:28] {@Threei} with trail to .14 after .25 break
[12:30] {nemo} wow
[12:30] {nemo} no just how to jerk the chain today
[12:30] {nemo} know
[12:34] {nemo} sheesh probably go rinsed
[12:35] {nemo} breakouts at lunch
[12:35] {nemo} DKTK
01[12:35] {@Threei} talking about DAL?
[12:35] {nemo} yeah
01[12:35] {@Threei} breakout would be .25 break
[12:36] {nemo} yeah, but moved the stop to .14 got triggered
01[12:36] {@Threei} I took aggressive entry as a stand-in for DKTK
01[12:36] {@Threei} ??
01[12:36] {@Threei} 12:28] {@Threei} with trail to .14 after .25 break
01[12:36] {@Threei} it never broke .25
01[12:36] {@Threei} why would you trail it?
[12:36] {nemo} close enough
01[12:36] {@Threei} no
01[12:37] {@Threei} break is not a quantitative
01[12:37] {@Threei} it's a qualitative
01[12:37] {@Threei} no brteak of resistance, no new quality
01[12:37] {@Threei} thus no trail
01[12:37] {@Threei} test of high and break of his are materially different
01[12:38] {@Threei} hi
01[12:38] {@Threei} gh
01[12:50] {@Threei} Russia continues to insist that separatist forces in Donetsk and Luhansk are independent of Russian control and military support. But Ukrainian Prime Minister Arseniy Yatsenyuk has made clear how ludicrous this assertion is:
01[12:50] {@Threei} “Tanks, GRAD multiple rocket systems, BUK and SMERCH systems, radio electronic intelligence systems are not sold at local Donetsk street markets. Only the Russian army and Defense Ministry have them.”
01[12:54] {@Threei} no go
01[13:02] {@Threei} EUR/USD Moves below the 1.1400 level
01[13:09] {@Threei} Government and president of Yemen resign amid standoff with Shia Houthi rebels, officials say
[13:11] {RonS} O fiddles while the world burns...
01[13:11] {@Threei} he can fiddle?
[13:11] {RonS} that's all he does
01[13:11] {@Threei} I thought golf was his thing
01[13:12] {@Threei} fiddling is respectable skill
[13:12] {RonS} look avp volume
[13:13] {cosmo} mulligans
01[13:14] {@Threei} no, you are right... http://www.dcclothesline.com/wp-content/uploads/2014/11/obama-fiddles-while-the-world-burns-motifake1.jpg
01[13:16] {@Threei} Long Setup: LUV .85 break
01[13:16] {@Threei} If holds .75
[13:24] {nemo} JPM
01[13:25] {@Threei} 1:1
[13:26] {dino} ron, sorry was out, whats up?
01[13:27] {@Threei} 1:2
[13:27] {dino} gj
[13:28] {RonS} dino left $3.50 on table aavl...now we both be pissed
[13:28] {RonS} dino look TTS... avp
01[13:28] {@Threei} ty
[13:28] {dino} lol, thx for bringing that to my attention
01[13:28] {@Threei} out un full
01[13:29] {@Threei} 1:3 close enough
01[13:29] {@Threei} 1:3
01[13:30] {@Threei} revenge for DAL stop
[13:32] {dino} avp hl s .53
[13:35] {dino} b/s is .62, holds well
[13:40] {dino} tpg/dealreporter takeover rumors avp
[13:45] {dino} avp stopped -.09
01[13:55] {@Threei} [FB] Hearing Societe Generale intiates with a Sell rating and $65 price target
01[14:01] {@Threei} Long Setup: FB .10 break
01[14:01] {@Threei} If holds 77
[14:02] {RonS} Societe Admirale 3i giving FB a buy rating, eh?
01[14:03] {@Threei} scalp rating rather
01[14:04] {@Threei} doesn';t look good
01[14:04] {@Threei} frikin french might be right :)
01[14:05] {@Threei} yeah
01[14:16] {@Threei} rinse... somg
01[14:20] {@Threei} VXX bounce should be close
[14:27] {nemo} I think they run the indexes to the moon
[14:28] {RonS} thanks Jackie
[14:28] {nemo} no problem Alice
01[14:28] {@Threei} lol
[14:28] {RonS} maybe Norton
01[14:30] {@Threei} Long Setup: VXX .40 break
01[14:30] {@Threei} If holds .35
01[14:31] {@Threei} Invalidated
[14:38] {nemo} green side of algo continues to climb
[14:38] {nemo} they running this one
[14:38] {dino} core spike
[14:40] {dino} nemo, fxe thoughts? i'm holding june puts
[14:41] {nemo} 116 roof, would think Euro continues south, but this is a headline etf with CB launching currency bombs
[14:43] {nemo} when u buy them dino?
[14:43] {dino} last week, up 33%
[14:43] {nemo} what are they
[14:44] {dino} 114
[14:44] {nemo} you could see that gap close before it goes down again
[14:44] {RonS} hearing that from others fwiw
[14:45] {dino} thx, maybe i'll book it and re-enter on bounce
[14:55] {dptl} have to leave...see ya tomorrow all
01[14:56] {@Threei} take care dp
01[14:56] {@Threei} currency bombs?
[14:59] {nemo} Think Swiss
[14:59] {nemo} new QE
[14:59] {dino} market wants 300 +
[15:00] {cosmo} Is that why prec metals rally?
[15:00] {nemo} 206.25
[15:00] {cosmo} new QE?
[15:00] {nemo} ECB
01[15:00] {@Threei} no cosmo
[15:00] {cosmo} k
01[15:01] {@Threei} Europe falling apart and Euro bleak perspective creates sitiation where capital flows in both USD and PMs
[15:01] {cosmo} who sells off first?
01[15:01] {@Threei} which leads to infriquent case of both USD and gold moving up
[15:06] {dino} cosmo, metals drop before the dollar, imo. europe falling apart, china slowing, and more
[15:07] {dino} remember metals priced in dollars
01[15:10] {@Threei} FB really defied the french
[15:10] {cosmo} how so?
01[15:11] {@Threei} they downgraded it... it went up
01[15:11] {@Threei} Long Setup: VXX .40 break
01[15:11] {@Threei} If holds .30
[15:12] {cosmo} ah....comeuppance
01[15:14] {@Threei} ok SPY, lose 206 and die
[15:14] {RonS} a forg craked on his call?
01[15:14] {@Threei} forg?? :)
[15:15] {RonS} croaked
[15:15] {RonS} frog
01[15:15] {@Threei} frog?
01[15:15] {@Threei} lol
01[15:15] {@Threei} you challenge my english to its limits
01[15:15] {@Threei} which admittedly are not very remote
[15:15] {cosmo} i hear its very difficult language
01[15:16] {@Threei} can't tell, never spoke it
[15:16] {dino} out fxe puts +1.10 / 37%
[15:16] {cosmo} i use translators too
01[15:16] {@Threei} wtg
[15:16] {dino} ty
[15:18] {cosmo} oh ...speaking is different. But you did so well 15 years ago...
01[15:20] {@Threei} nah, never did... I spoke Russian, just using english words
01[15:20] {@Threei} those few I knew
01[15:20] {@Threei} no go VXX
[15:21] {cosmo} hmm..maybe i was speaking Russian and didn't realize it.
01[15:21] {@Threei} quite possibly
[15:22] {cosmo} especially if it runs in the family
01[15:24] {@Threei} rinse
01[15:35] {@Threei} Short Setup: FB .60 break
01[15:35] {@Threei} If holds .70
01[15:43] {@Threei} trail to .66
01[15:43] {@Threei} time starts pressing
[15:46] {dino} calling it a day, great morning, thx all, gn
01[15:48] {@Threei} take care dino
[15:49] {dino} thx u2
01[15:57] {@Threei} closing flat
01[15:57] {@Threei} thank you, have a good evening
01[15:57] {@Threei} see you tomorrow
[08:41] {dino} gm
[08:45] {JoebiWan} gm
01[08:50] {@Threei} morning guys
[09:17] {RonS} gm...dateline Berkeley CA: Unknown person(s) placed two skinned boar's heads on the lid of a dumpster of a popular vegan restaurant...police are debating whether or not to pursue the matter as a "hate crime"...
01[09:17] {@Threei} ron :)
01[09:18] {@Threei} I think he was just trying to make them see whose food they were eating
[09:19] {dptl} gm
[09:20] {RonS} the hate crime thing is what is rich with irony...when everything is a hate crime why have the distinction? freakin liberals...
01[09:20] {@Threei} dp :)
[09:27] {RonS} At least 41 Ukraine soldiers, civilians killed in 24 hours: officials
01[09:27] {@Threei} fighting really flared up over last week or so
01[09:31] {@Threei} Long Setup: TWTR 38 break hl
01[09:31] {@Threei} If holds .90
01[09:31] {@Threei} lol
01[09:31] {@Threei} in
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} thank you kind soul who sold to my bid
01[09:35] {@Threei} Long Setup: IWM 116 break
01[09:35] {@Threei} If holds .90
01[09:36] {@Threei} Upside:
01[09:36] {@Threei} -CYN +18% (being acquired by RY)
01[09:36] {@Threei} -CYTR +13% (survival rates for Phase 2b Aldoxorubicin trial)
01[09:36] {@Threei} -FWM +9% (no news)
01[09:36] {@Threei} -LOGI +8.5% (earnings)
01[09:36] {@Threei} -BBRY +5% (Samsung reportedly continuing takeover or acquisition of significant stake efforts)
01[09:36] {@Threei} -LUV +4.3% (earnings)
01[09:36] {@Threei} -URI +3.4% (earnings)
01[09:36] {@Threei} -EBAY +3.2% (earnings)
01[09:36] {@Threei} no go
01[09:36] {@Threei} Downside:
01[09:36] {@Threei} -FFIV -15% (earnings)
01[09:36] {@Threei} -SNDK -7% (earnings)
01[09:36] {@Threei} -XLNX -6.5% (earnings)
01[09:36] {@Threei} -XXIA -4.2% (no news)
01[09:36] {@Threei} -DFS -3.7% (earnings)
01[09:36] {@Threei} -MDVN -3.3% (Phase 2 trial of PFS in prostate cancer met primary endpoint)
01[09:38] {@Threei} Long Setup: FB .20 break
01[09:38] {@Threei} .10
01[09:38] {@Threei} If holds 77
01[09:39] {@Threei} change to 77 break
01[09:39] {@Threei} If holds .90
01[09:39] {@Threei} 1:1
[09:41] {RonS} dlb sm l .22 s/l lod
[09:43] {RonS} s/l be
01[09:45] {@Threei} Long Setup: IWM .70 break
01[09:45] {@Threei} If holds .60
01[09:46] {@Threei} change to .50 break
01[09:46] {@Threei} If holds .40
[09:46] {nemo} not yet
01[09:46] {@Threei} no... was trying for double bottom
[09:46] {dino} ptct drop
[09:47] {dino} thin
[09:50] {RonS} trail stop dlb .55 +.33
[09:51] {dino} ptct sm l .30 wide
01[09:51] {@Threei} Long Setup: FB .90 break
[09:51] {dino} gj ron
01[09:51] {@Threei} If holds .80
01[09:51] {@Threei} 1:1
01[09:53] {@Threei} 1:2
[09:56] {RonS} cof hacking
01[09:56] {@Threei} lol
[09:59] {dino} aavl avalanche continues
01[10:00] {@Threei} (EU) EURO ZONE JAN ADVANCE CONSUMER CONFIDENCE: -8.5 V -10.5E
[10:01] {dino} aspx blood
[10:01] {dino} bio blood in general
[10:02] {RonS} all the secondaries... but now bouncing
[10:02] {RonS} clvs vrtx pcrx gwre
[10:03] {dino} not alny, aavl, ptct, agio, pbyi
[10:04] {RonS} buy xyz is solid
[10:04] {RonS} but
[10:05] {RonS} hey fish, how's the gig?
[10:05] {fish_49} going well thanks Hey all
[10:05] {nemo} anybody smell that?
01[10:05] {@Threei} hey fish
[10:05] {fish_49} Hey the guy above
01[10:05] {@Threei} lol
01[10:06] {@Threei} Long Setup: JPM .20 break
01[10:06] {@Threei} If holds .10
[10:06] {dino} hey fish
[10:06] {dino} sm l aavl .65
[10:06] {fish_49} Dino
01[10:08] {@Threei} stop to .14
[10:11] {dino} agio vsm l .99
[10:12] {dino} stx spike
[10:13] {RonS} $STX hearing samsung buying chatter
01[10:14] {@Threei} half out
01[10:14] {@Threei} stop .19
01[10:14] {@Threei} 1:1
[10:16] {fish_49} Go JPM Go
01[10:17] {@Threei} 1:2
01[10:17] {@Threei} 1:3
[10:17] {JoebiWan} gj
[10:17] {fish_49} 3
[10:17] {fish_49} great call Vad
06[10:17] * @Threei slaps fish_49 around a bit with a large roll of cash
[10:17] {fish_49} Gonna go to bed good night all happy trading
01[10:17] {@Threei} lol
[10:18] {fish_49} Good night to u also Toad face
[10:18] {nemo} frickin' Korean
[10:18] {dino} out agio 119.99, +2.00
[10:19] {RonS} wow gj
[10:19] {JoebiWan} nice
01[10:19] {@Threei} wtg
[10:19] {dino} ty
[10:21] {dino} out aavl .15, +.50
[10:22] {dino} out ewg calls, plan did not work, +.10 / 6%
01[10:22] {@Threei} + is +
01[10:30] {@Threei} (DE) Germany IFO's Sinn: QE moves from the ECB constitute an illegal monetary state financing
[10:31] {dino} so, arrest them
01[10:31] {@Threei} and shoot them
[10:32] {dino} occupy them?
01[10:32] {@Threei} and make sure to drive the wooden stake through their heart
01[10:32] {@Threei} 'cause as russian example shows, they don't just die
[10:34] {dino} alny sm l .38
[10:38] {cosmo} better use a silver stake
[10:39] {cosmo} before the cost goes up too much
[10:45] {dino} out alny .38, +1.00
[10:45] {RonS} gj
[10:45] {dino} ty
[10:50] {nemo} 204.70ish is the 50 day
[10:53] {RonS} finally, took aavl 37.97 out 39.45 +1.48 thanks dino
[10:55] {dino} yw, gj
[10:56] {dino} you do know it pisses me off when you make more on my calls than i do
[10:59] {RonS} hey, sometimes i play them better, sometimes worse...
[11:00] {RonS} watch the thing go green, and we can both be pissed off
[11:00] {RonS} as one trader i know says...all roads lead to pain
[11:04] {dino} out ptct .80, +.50 took awhile
[11:04] {dino} when going thru hell, keep going
01[11:05] {@Threei} Long Setup: VXX .25 break
[11:05] {nemo} too late
01[11:05] {@Threei} late...
[11:05] {dino} these bios, when they break, they are like slingshots
[11:06] {RonS} satchel paige: "don't look back, Nemo may be gaining on you"
01[11:06] {@Threei} lol
[11:06] {nemo} I just put the crosshairs center mass
[11:09] {RonS} classic: someone re-did that Dali piece w/ the drooping clocks...replaced the clocks w/ footballs and signed belichics name in the corner...sorry, no link
[11:10] {dino} youtube had the ac/dc song "i've got big balls" changed to bradys got soft ball, funny
01[11:11] {@Threei} lol
[11:11] {nemo} yeah, listened to Belichick's news conference this morning...Brady on @4
[11:15] {RonS} Brady is the Dick Clark of football...he never ages...met Vinatieri after the first Super win and compared to now...wow
01[11:15] {@Threei} VXX once again, same setup
01[11:15] {@Threei} .25 break
01[11:15] {@Threei} If holds .17
[11:16] {RonS} sheesh, uri
01[11:17] {@Threei} stop to .19
01[11:19] {@Threei} meh
01[11:31] {@Threei} Long Setup: IWM .05 break
01[11:31] {@Threei} change to 117
01[11:31] {@Threei} If holds .90
01[11:32] {@Threei} change to .95
01[11:33] {@Threei} If holds .88
01[11:37] {@Threei} 1:1
01[11:41] {@Threei} oh god
01[11:41] {@Threei} Bulletin of Atomic Scientists move DOOMSDAY CLOCK closer to midnight by 2 minutes to reach 3 minutes to midnight (vs 5 minutes to midnight prior) (update) - Warning that "the probability of global catastrophe is very high" unless quick action is taken, the Bulletin of the Atomic Scientists Science and Security Board today cited unchecked climate change and global nuclear weapons modernization as the basis for their decision to move the minute hand of the historic Doomsday Clock forward two minutes. The shift of the Doomsday Clock hands to three minutes to midnight is the first such adjustment to be made in three years. The Board also outlined action steps that will need to be taken "very soon" in order to avert catastrophe. - Source TradeTheNews.com
01[11:41] {@Threei} imbeciles
01[11:42] {@Threei} (GR) Latest Rass poll finds Syriza party with a wider lead that stands now at 4.8 points
[11:47] {dino} wtf are we wasting money on the doomsday clock for
[11:48] {RonS} ya, just source an app for the smart phones...
[11:49] {RonS} "hold on a second, need to check the time on my doomsday app"...
[11:49] {dino} ptct lod
[11:50] {dino} lol ron, yeah, don't think i can make that appointment, my doomsday clock says i need to take precautions
[11:51] {RonS} "oh shit, it's moved up a second...now one second away from doomsday...but wait, the last move took ten years...so we have plenty of time"
01[11:53] {@Threei} works for nemo... he is always like "man, I am running out of time, gotta pour that glass faster"
01[11:54] {@Threei} US - Cuba begin historic talks on restoring diplomatic ties
[12:00] {cosmo} Fukushima should have moved the clock up methinks. Do they account for that?
[12:03] {RonS} nah, they have a Godzilla clock for that...
01[12:04] {@Threei} last week we were told the chance of mega-earthquake in Victoria area next 50 years is 1 in 10
01[12:05] {@Threei} I now make the connection... they know Godzilla awakes
[12:05] {RonS} lol
01[12:05] {@Threei} because of Fukushima
01[12:05] {@Threei} on second thought, they may be just running out of grant money...
[12:06] {RonS} perfect
01[12:06] {@Threei} The ECB will purchase €60 billion of sovereign debt from Eurozone member states every month until at least September 2016, expanding its balance sheet by €1.1 trillion. Note that the program could go on longer, until, as Draghi said, "we see a sustained adjustment in the path of inflation." In a concession to German QE skeptics, both the ECB and member national central banks will buy bonds, sharing the risk of default.
01[12:07] {@Threei} WTI crude was volatile, ramping up as high as $49 just before the ECB decision and then testing one-week lows around $46.20 after the QE unveiling, on USD strength. The weekly DoE stockpiles report didn't help, as the report showed Cushing, OK reserves at their highest levels in many decades for this time of year, with a huge gain in the last week.
01[12:07] {@Threei} does Godzilla drink oil?
01[12:07] {@Threei} we have plenty
[12:08] {RonS} omg...in this day and age? http://www.marketwatch.com/story/phallic-shadows-naked-scrums-and-a-very-bad-day-for-ctpartners-2014-12-09?siteid=yhoof2
[12:08] {cosmo} Godzilla becomes oil
[12:16] {RonS} hey dino...
01[12:28] {@Threei} Long Setup: DAL .21 break
01[12:28] {@Threei} If holds .10
01[12:28] {@Threei} with trail to .14 after .25 break
[12:30] {nemo} wow
[12:30] {nemo} no just how to jerk the chain today
[12:30] {nemo} know
[12:34] {nemo} sheesh probably go rinsed
[12:35] {nemo} breakouts at lunch
[12:35] {nemo} DKTK
01[12:35] {@Threei} talking about DAL?
[12:35] {nemo} yeah
01[12:35] {@Threei} breakout would be .25 break
[12:36] {nemo} yeah, but moved the stop to .14 got triggered
01[12:36] {@Threei} I took aggressive entry as a stand-in for DKTK
01[12:36] {@Threei} ??
01[12:36] {@Threei} 12:28] {@Threei} with trail to .14 after .25 break
01[12:36] {@Threei} it never broke .25
01[12:36] {@Threei} why would you trail it?
[12:36] {nemo} close enough
01[12:36] {@Threei} no
01[12:37] {@Threei} break is not a quantitative
01[12:37] {@Threei} it's a qualitative
01[12:37] {@Threei} no brteak of resistance, no new quality
01[12:37] {@Threei} thus no trail
01[12:37] {@Threei} test of high and break of his are materially different
01[12:38] {@Threei} hi
01[12:38] {@Threei} gh
01[12:50] {@Threei} Russia continues to insist that separatist forces in Donetsk and Luhansk are independent of Russian control and military support. But Ukrainian Prime Minister Arseniy Yatsenyuk has made clear how ludicrous this assertion is:
01[12:50] {@Threei} “Tanks, GRAD multiple rocket systems, BUK and SMERCH systems, radio electronic intelligence systems are not sold at local Donetsk street markets. Only the Russian army and Defense Ministry have them.”
01[12:54] {@Threei} no go
01[13:02] {@Threei} EUR/USD Moves below the 1.1400 level
01[13:09] {@Threei} Government and president of Yemen resign amid standoff with Shia Houthi rebels, officials say
[13:11] {RonS} O fiddles while the world burns...
01[13:11] {@Threei} he can fiddle?
[13:11] {RonS} that's all he does
01[13:11] {@Threei} I thought golf was his thing
01[13:12] {@Threei} fiddling is respectable skill
[13:12] {RonS} look avp volume
[13:13] {cosmo} mulligans
01[13:14] {@Threei} no, you are right... http://www.dcclothesline.com/wp-content/uploads/2014/11/obama-fiddles-while-the-world-burns-motifake1.jpg
01[13:16] {@Threei} Long Setup: LUV .85 break
01[13:16] {@Threei} If holds .75
[13:24] {nemo} JPM
01[13:25] {@Threei} 1:1
[13:26] {dino} ron, sorry was out, whats up?
01[13:27] {@Threei} 1:2
[13:27] {dino} gj
[13:28] {RonS} dino left $3.50 on table aavl...now we both be pissed
[13:28] {RonS} dino look TTS... avp
01[13:28] {@Threei} ty
[13:28] {dino} lol, thx for bringing that to my attention
01[13:28] {@Threei} out un full
01[13:29] {@Threei} 1:3 close enough
01[13:29] {@Threei} 1:3
01[13:30] {@Threei} revenge for DAL stop
[13:32] {dino} avp hl s .53
[13:35] {dino} b/s is .62, holds well
[13:40] {dino} tpg/dealreporter takeover rumors avp
[13:45] {dino} avp stopped -.09
01[13:55] {@Threei} [FB] Hearing Societe Generale intiates with a Sell rating and $65 price target
01[14:01] {@Threei} Long Setup: FB .10 break
01[14:01] {@Threei} If holds 77
[14:02] {RonS} Societe Admirale 3i giving FB a buy rating, eh?
01[14:03] {@Threei} scalp rating rather
01[14:04] {@Threei} doesn';t look good
01[14:04] {@Threei} frikin french might be right :)
01[14:05] {@Threei} yeah
01[14:16] {@Threei} rinse... somg
01[14:20] {@Threei} VXX bounce should be close
[14:27] {nemo} I think they run the indexes to the moon
[14:28] {RonS} thanks Jackie
[14:28] {nemo} no problem Alice
01[14:28] {@Threei} lol
[14:28] {RonS} maybe Norton
01[14:30] {@Threei} Long Setup: VXX .40 break
01[14:30] {@Threei} If holds .35
01[14:31] {@Threei} Invalidated
[14:38] {nemo} green side of algo continues to climb
[14:38] {nemo} they running this one
[14:38] {dino} core spike
[14:40] {dino} nemo, fxe thoughts? i'm holding june puts
[14:41] {nemo} 116 roof, would think Euro continues south, but this is a headline etf with CB launching currency bombs
[14:43] {nemo} when u buy them dino?
[14:43] {dino} last week, up 33%
[14:43] {nemo} what are they
[14:44] {dino} 114
[14:44] {nemo} you could see that gap close before it goes down again
[14:44] {RonS} hearing that from others fwiw
[14:45] {dino} thx, maybe i'll book it and re-enter on bounce
[14:55] {dptl} have to leave...see ya tomorrow all
01[14:56] {@Threei} take care dp
01[14:56] {@Threei} currency bombs?
[14:59] {nemo} Think Swiss
[14:59] {nemo} new QE
[14:59] {dino} market wants 300 +
[15:00] {cosmo} Is that why prec metals rally?
[15:00] {nemo} 206.25
[15:00] {cosmo} new QE?
[15:00] {nemo} ECB
01[15:00] {@Threei} no cosmo
[15:00] {cosmo} k
01[15:01] {@Threei} Europe falling apart and Euro bleak perspective creates sitiation where capital flows in both USD and PMs
[15:01] {cosmo} who sells off first?
01[15:01] {@Threei} which leads to infriquent case of both USD and gold moving up
[15:06] {dino} cosmo, metals drop before the dollar, imo. europe falling apart, china slowing, and more
[15:07] {dino} remember metals priced in dollars
01[15:10] {@Threei} FB really defied the french
[15:10] {cosmo} how so?
01[15:11] {@Threei} they downgraded it... it went up
01[15:11] {@Threei} Long Setup: VXX .40 break
01[15:11] {@Threei} If holds .30
[15:12] {cosmo} ah....comeuppance
01[15:14] {@Threei} ok SPY, lose 206 and die
[15:14] {RonS} a forg craked on his call?
01[15:14] {@Threei} forg?? :)
[15:15] {RonS} croaked
[15:15] {RonS} frog
01[15:15] {@Threei} frog?
01[15:15] {@Threei} lol
01[15:15] {@Threei} you challenge my english to its limits
01[15:15] {@Threei} which admittedly are not very remote
[15:15] {cosmo} i hear its very difficult language
01[15:16] {@Threei} can't tell, never spoke it
[15:16] {dino} out fxe puts +1.10 / 37%
[15:16] {cosmo} i use translators too
01[15:16] {@Threei} wtg
[15:16] {dino} ty
[15:18] {cosmo} oh ...speaking is different. But you did so well 15 years ago...
01[15:20] {@Threei} nah, never did... I spoke Russian, just using english words
01[15:20] {@Threei} those few I knew
01[15:20] {@Threei} no go VXX
[15:21] {cosmo} hmm..maybe i was speaking Russian and didn't realize it.
01[15:21] {@Threei} quite possibly
[15:22] {cosmo} especially if it runs in the family
01[15:24] {@Threei} rinse
01[15:35] {@Threei} Short Setup: FB .60 break
01[15:35] {@Threei} If holds .70
01[15:43] {@Threei} trail to .66
01[15:43] {@Threei} time starts pressing
[15:46] {dino} calling it a day, great morning, thx all, gn
01[15:48] {@Threei} take care dino
[15:49] {dino} thx u2
01[15:57] {@Threei} closing flat
01[15:57] {@Threei} thank you, have a good evening
01[15:57] {@Threei} see you tomorrow
Wednesday, January 21, 2015
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
[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
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