TradeTheNews.com Weekly
Market Update: Turbulence Sets Up Santa Claus Rally
Fri, 19 Dec 2014 16:26 PM EST
The risk-off tone seen in markets last week lingered early this week with crude
prices still sinking and the Russia's situation worsening. But by midweek
authorities in Moscow took dramatic action to gird the ruble while oil prices,
and probably more importantly the oil related stocks were helpfully
stabilizing. Heading into Wednesday's FOMC meeting investor risk appetite
appeared to be building; which was evident in narrowing junk bond spreads and
the stabilization of several emerging market currencies, most notably the
ruble. That afternoon the FOMC gave an upbeat assessment of the economy and
replaced the "considerable time" component of its statement with a
pledge to be "patient in beginning to normalize monetary policy."
This cemented expectations that Fed remains on course for a mid-2015 rate lift
off. Thursday saw the S&P 500 have its best day in more than a year and the
Dow surged 400 points. US Treasury yields lifted post-FOMC and the curve
steepened as the long end underperformed. There was some slightly better
preliminary German and Euro Zone manufacturing PMI data, and the German
December ZEW survey was much better than expected, providing a slight glimmer
of hope for Europe as well. Stocks put in yet another V-shaped bottom, and for
the week the DJIA rose 3%, the Nasdaq added 2.4%, and the S&P500 gained
3.4%, leaving the broad index back near all-time highs.
Oil seemed to find a short-term floor this week, as WTI pivoted around $56 for
most of the week after marking a fresh multi-year low below $54 on Tuesday.
Brent crude notably dropped below $60 but was back above the key psychological
level by week's end. Nevertheless, crude is still on track to record its fourth
consecutive weekly decline, and OPEC continues to signal it is comfortable with
letting the rout run awhile longer. In public statements, Gulf OPEC members
said they can wait for a long time for prices to stabilize. The Saudi Oil
Minister said it would be difficult if not impossible for OPEC and Saudi Arabia
to cut production, though he felt certain that the current oil market issues
are "temporary" and caused in part by market speculators.
Russia entered full-blown crisis mode this week as continued oil declines kept
hammering the ruble. Last week's 100 bps rate hike did little to stem the slide
in the ruble, and on Monday USD/RUB rose another 10%, to above 66. This
prompted another surprise Russia Central Bank move, this time a massive 650 bps
hike of its key rate to 17%. This momentarily knocked USD/RUB back down to 58,
but then the pair rapidly jumped on Tuesday to as high as 78, prompting a real
sense of panic. The Russian Finance Ministry intervened with some FX purchases,
but more importantly threatened fresh "measures" to stabilize the
ruble while also ruling out capital controls. Further interventions and news
that the government and the central bank had agreed to vaguely outlined
"measures" seem to have stabilized the currency around 60 to the
dollar.
Note that in the search for reasons behind the chaos in Russia, more analysts are
pointing to oil giant Rosneft's sale of 625 billion rubles in new bonds last
Friday - a deal worth $10.9 billion at the time - to help repay a $7 billion
loan by December 21st. State banks bought the bonds, which were then deposited
at the Russia Central Bank, and analysts suggest this big infusion of
freshly-minted rubles was the proximate cause of the panic, aided and abetted
by the continuing slide in oil.
Switzerland surprised markets on Thursday with an unscheduled policy
adjustment, nudged in part by massive safe-haven flows from the Russian crisis
as well as Europe's continuing troubles. The Swiss central bank moved to
negative interest rates, widening its three-month Libor band to -0.75% to
+0.25% from 0.00-0.25% prior. The move to charge banks for overnight deposits
should help to crimp a recent rise in the safe-haven Swiss franc, which has
appreciated markedly in recent weeks amid Russia's currency crisis and the
ECB's moves toward deflation and sovereign QE. Note that the effective date of
the rate cut, January 22nd, is also the date of the next ECB policy meeting.
FedEx lost as much as 5% after missing top- and bottom-line expectations by a
hair in its second quarter earnings on Wednesday morning. Oracle gained 10% on
Thursday thanks to excellent guidance for third quarter and showing more
evidence that its cloud strategy is working. Red Hat earnings also benefited
from the industry migration toward the cloud, sending its shares up 10% on
Friday.
The US Financial Stability Oversight Council voted 9-1 on Thursday to designate
MetLife as a 'systemically important' financial institution (SIFI) on Thursday.
In naming the insurance giant a potential danger to the financial system,
regulators aired concerns that in a crisis, the company could be forced to dump
a large amount of bonds at fire-sale prices. The council also served notice on
the asset management industry, from BlackRock and Fidelity to large mutual
funds or managers inside large insurance firms, warning that their potential
risks to financial stability are now under close scrutiny.
Shanghai Composite trading remained a one-way street with the 4th consecutive
week of solid gains, taking the mainland index to a 4-year high above 3,100.
China HSBC flash manufacturing PMI for December fell into contraction for the
first time in 7 months at 49.5, below the 49.8 consensus, although the bulk of
the decline was due to a faster rate of decrease in input and output prices.
The housing market correction eased off, as November new home prices fell 0.6%
against October's drop of 0.8%. Money market rates also hit 10-month highs on
short-term demand for cash ahead of upcoming IPO offerings, while offshore Yuan
moved to 5-month lows on broad-based dollar strength.
In Japan, the ruling LDP party got the mandate it sought to proceed with
Abenomics with an overwhelming victory in the Lower House elections on Sunday,
comfortably retaining a 2/3rd supermajority. PM Abe cheered the support,
pledging to continue his reforms with the focus on boosting wages in 2015.
Moody's, which recently cut Japan's rating, acknowledged the election results
were important for Japan's credit standing. In a surprise move on Friday, the
BoJ raised its assessment on industrial production, exports, and housing
investment, while subsequent commentary from Governor Kuroda maintained that
CPI is still on track to hit the 2% inflation target. Yen weakness associated
with the post-FOMC rise in US yields was also instrumental in helping the
Nikkei225 to pull out of a nose-dive and it registered a 1.4% gain for the
week, as USD/JPY reclaimed some ground lost in the outside bearish reversal of
last week.
Friday, December 19, 2014
Dec 19 2014
Strong finish to a strong week. 5 winning days in a row, and ending the Friday with 2 1:2ers on the last minutes makes for a good weekend.
Session Start: Fri Dec 19 00:00:00 2014
[08:54] {dino} gm
01[08:54] {@Threei} dino :)
[08:54] {JoebiWan} morning
01[08:54] {@Threei} jw :)
[09:05] {dptl} gm
01[09:06] {@Threei} dp :)
[09:10] {Jenh} gm
01[09:11] {@Threei} jen :)
01[09:16] {@Threei} Upside:
01[09:16] {@Threei} -PETX +38% (positive top-line results from AT-001 pivotal field study in client-owned dogs with osteoarthritis)
01[09:16] {@Threei} -TRXC +27% (completed successful pre-clinical robotic surgical procedures; management affirms FDA timeline)
01[09:16] {@Threei} -CERS +15% (FDA approves INTERCEPT blood system for platelets)
01[09:16] {@Threei} -RHT +11% (earnings, guidance)
01[09:16] {@Threei} -KMX +9.5% (earnings)
01[09:16] {@Threei} -PIR +9% (earnings)
01[09:16] {@Threei} -OREX +8% (Feuerstein sees OREX's weight-loss pill is a mix of efficacy and safety placing it in the middle of Vivus's Qysmia & Arena's Belviq)
01[09:16] {@Threei} -CYT +7.5% (offering $250M aggregate principal amount of senior notes due 2025)
01[09:16] {@Threei} -ALLY +5% (agreement with DoJ to continue investigation of potential claims under the False Claims; filed common stock shelf of an indeterminate size)
01[09:16] {@Threei} -HALO +4.4% (confirmed receipt of EU orphan drug designation for PEGylated Recombinant Human Hyaluronidase PH20 for pancreatic cancer)
01[09:16] {@Threei} -OGXI +2.6% (results from the Phase 2 Borealis-1 trial of Apatorsen in treating bladder cancer)
01[09:17] {@Threei} Downside:
01[09:17] {@Threei} -IMGN -41% (update on Phase 3 MARIANNE study in people with previously untreated advanced HER2-Positive breast cancer)
01[09:17] {@Threei} -NQ -14% (earnings)
01[09:17] {@Threei} -BBRY -6.4% (earnings)
01[09:17] {@Threei} -RHHBY -6% (granted global license with Hapten Pharma for use of Samcypron)
01[09:17] {@Threei} -NKE -2% (earnings)
[09:17] {RonS} hello...ccl pressure
01[09:17] {@Threei} ron :)
[09:23] {nemo} damn, they didn't bust those fat finger spy trades yesterday...threw the pivot calculations all off
[09:23] {nemo} that's never happened before
[09:23] {nemo} we could have funny games today
[09:24] {nemo} oh, and when I say never, in the 7 years I've been tracking pivots
[09:24] {dino} considering you're only 8 years old, thats about never
[09:24] {RonS} but if you were ese would say 6.8152
01[09:25] {@Threei} lol
01[09:25] {@Threei} ese is on his way to Nanaimo... have some sympathy
[09:25] {nemo} No, if I were ese I'd commit suicide
[09:26] {nemo} actually Seppuku just to make him suffer more
[09:26] {nemo} well, I'd have to be Samurai for Seppuku, so Hara Kiri
[09:27] {nemo} small useles bit of trivia- Seppuku means "sincerity" and by cutting the lower abdomen they were releasing the soul
[09:27] {dino} sure
[09:28] {nemo} he says sarcastically
[09:28] {dino} :)
[09:28] {RonS} gut wrenching detail?
01[09:28] {@Threei} lol
[09:28] {dino} good one
[09:28] {nemo} yeah, props to Ron
[09:28] {nemo} dick
[09:28] {RonS} perfect
[09:29] {nemo} quoting Last Samurai, Ron? actually very good movie
[09:29] {nemo} which I don't often say about a Tom Cruise movie
[09:29] {RonS} agree
[09:30] {dino} that was a good movie
[09:31] {nemo} The movies where he has a strong co star seem to be his best
01[09:32] {@Threei} Long Setup: VXX .25 break
01[09:32] {@Threei} If holds .15
01[09:33] {@Threei} hit .34 before I even typed a stop
[09:34] {dptl} out
01[09:36] {@Threei} Short Setup: GLD 115 break
01[09:36] {@Threei} If holds .10
[09:45] {nemo} futes puking
[09:45] {nemo} broke support
[09:45] {nemo} DAX STB on new sanctions
[09:49] {RonS} stb?
[09:49] {nemo} Shit The Bed
[09:50] {RonS} oh, of course...
[09:53] {dino} adding some amba calls
01[09:54] {@Threei} 1:1
[09:56] {dptl} out on trail ty
01[09:57] {@Threei} yw but why?
[09:57] {nemo} it's dp
[09:57] {dptl} ?
01[09:57] {@Threei} never went over 115
[09:57] {nemo} neither has dp's IQ
[09:58] {dptl} did i got .02
[09:58] {nemo} IWM back above yearly highs
[09:58] {nemo} 118.95 fib extension and the proverbial "hair" below 119
[10:00] {dptl} bids was.01... man this is wierd ..now i am looking at chart and it and it didt.....so how could i get .02 fill???? where is it? if chart is not showing it the trade never happend, but i have confirmation it did??
[10:01] {dptl} i mean where is my trade on the chart?
01[10:03] {@Threei} Long Setup: DAL .80 break
01[10:03] {@Threei} If holds .70
01[10:07] {@Threei} trail to .74
[10:07] {dino} hedj sm l .67
[10:07] {dino} dxj sm l .07
[10:08] {dino} dp, chart wrong
01[10:09] {@Threei} 1:1
01[10:10] {@Threei} 1:2
01[10:11] {@Threei} 1:3
[10:11] {JoebiWan} out ty vad
01[10:11] {@Threei} yw
[10:12] {JoebiWan} brb
[10:12] {Jenh} ty 3i!
[10:13] {dptl} all out ty......tell me... if trade happend...it should be shown on chart and on t&s, rigth? specialy on time and sale....but i never saw that trade there...and its not a first time
01[10:13] {@Threei} yw guys
01[10:13] {@Threei} I don't know dp
01[10:13] {@Threei} just don't freak out
[10:13] {nemo} looked for cannot be seen (hsi) listened for cannot be heard
01[10:13] {@Threei} you sound like you can't breathe
[10:15] {dptl} this is first time working with DA access softwere, and i worked with few different ones, i dont see my trades going on t&s.....its just wierd to me
01[10:29] {@Threei} nemo, may I ask you to take this test and inform us of the results:
01[10:29] {@Threei} http://www.bbc.com/news/health-30500372
[10:30] {nemo} Your drinking habits are unlike the average from any country.
[10:30] {nemo} But your closest match on overall consumption alone is Belarus, the heaviest-drinking country in the world
01[10:30] {@Threei} thought so
[10:31] {nemo} well, I have to make up for you
01[10:31] {@Threei} thank you for taking care of that
[10:31] {nemo} my pleasure
[10:31] {nemo} http://goo.gl/w1ym4v
[10:31] {dptl} i think there may be something with logix blotters, not showing actual executed numbers, but just capturing offer or bid price at the moment of execution.
01[10:33] {@Threei} ummmm... do they calculate your actual profit by actual executions? :)
[10:33] {dptl} yes
01[10:34] {@Threei} and that's different from what you see in closed position blotter??
[10:38] {dptl} i will check tomorrow that gld trade after setelment, to see what the price was, and if it dif, then its a blotter....what i mean Vad, i have trade, wich was executed at price according to blotter, wich never showed on the chart and t&s
[10:39] {dptl} so i suspect that i acualy was filled at dif price, then blotter is showing me
[10:39] {nemo} check your server message console
[10:40] {dptl} i did, its same, its always same
[10:41] {nemo} then calculate your gains based on that then compare it to what Nevis sends out in their emails
01[10:42] {@Threei} Short Setup: MCD .10 break
[10:42] {dptl} well thats what i mean....i will check tomorrow that trade to see what was setteled price
01[10:42] {@Threei} If holds .20
01[10:43] {@Threei} 1:1
[10:45] {dptl} out on trail ty
01[10:45] {@Threei} yw
01[10:45] {@Threei} and yes, it did print .11 :)
[10:45] {dptl} see
[10:45] {dptl} this one yes
[10:46] {dptl} gld never did
[10:46] {dptl} but my blotter says it did
[10:47] {nemo} and Dino sees dead people
[10:47] {dptl} lol
01[10:47] {@Threei} and I see dead pixels
[10:47] {nemo} sheesh Quad witch Friday with that frickin' SPY spike yesterday
[10:49] {RonS} icon sm l .50
01[10:50] {@Threei} [SNE] Reportedly Sony hackers send message indicating they are pleased Sony pulled "The Interview" from theaters - press - Hackers say they will not release any more Sony data unless the company "makes additional trouble."
[10:54] {dino} crazy sne, letting others cencor it
[10:54] {dino} censor
01[10:55] {@Threei} yeah, this just encourages new attacks of this kind
[10:56] {RonS} out icon -.05 looks and acts lower
[10:56] {dino} yes it does
[10:56] {dino} now sne has north korea telling it what movies they will allow, unbelievable
[10:56] {nemo} NKE
[10:57] {dino} nke sm l .60
[10:57] {nemo} yep
[10:57] {nemo} first target above .80, vwap way the fuck up there
[10:58] {dino} about a buck
[10:59] {nemo} yeah, looks farther on the chart ;-)
[11:00] {nemo} first resistance here
[11:00] {dino} my stop is .49, lets let it work
[11:01] {nemo} Quad witch day, too precarious my stop under .60
[11:04] {dino} kye drop
[11:06] {dino} nke stop
[11:06] {nemo} nke likely a short the rest of the day
[11:07] {nemo} it was #1 weak on algo this morning, then when it couldn't break through that 80ish resistance I was like, "Oh, oh" thus my stop under .60
[11:11] {dino} slow day
[11:11] {nemo} not surprising actually
[11:11] {dino} brb
01[11:12] {@Threei} Energy and materials names are among the biggest gainers in the S&P500 this morning as broader equity markets move higher again this morning. Crude is moving sideways again this morning, with WTI around $55.70 and Brent is back around $62. Today is quadruple witching, driving above-average trading volume.
[11:12] {nemo} duh
[11:12] {dptl} lol
[11:13] {nemo} jen, dcc
01[11:13] {@Threei} Shares of Nike are down nearly 4% this morning despite the firm's decent second-quarter numbers. Margins were strong, sales in all geographies were up by double digits, but the firm's worldwide future orders guidance was only +7%, its lowest rate in a year.
01[11:13] {@Threei} sheesh
01[11:13] {@Threei} lol
[11:14] {Jenh} dcc?
[11:14] {nemo} you on mirc?
[11:14] {Jenh} no the website
[11:14] {Jenh} nm
01[11:14] {@Threei} slang for private message jen
[11:25] {nemo} it's all algo trading all the time today so far
[11:25] {dino} aspx spike
[11:26] {dino} sm s .75
[11:28] {nemo} LVS
[11:29] {dino} cov aspx .90, +.85
[11:29] {JoebiWan} gj
[11:29] {dino} ty
[11:30] {nemo} VXX
[11:30] {dino} think i need to just go back to my wait for spikes/capits mode
[11:30] {nemo} choppy frickin day
[11:31] {nemo} mmmhhhh drink or go hunting
[11:31] {nemo} drink and go hunting, mmmmhhhh
[11:31] {dino} lol, thinking about taking a nap
[11:32] {nemo} o.k. DAX closed
[11:32] {dino} out hedj .74, +.08
[11:33] {nemo} killin' it there today Dino
[11:33] {dino} out dxj .15, +
[11:33] {dino} +.08
[11:33] {nemo} flossin' with barbed wire
[11:33] {dino} yeah
01[11:49] {@Threei} Long Setup: CCL .95 break
01[11:49] {@Threei} If holds .85
[12:00] {dptl} vali still?
[12:01] {dptl} valid?
01[12:01] {@Threei} yes
[12:09] {dptl} not anymore i guess
01[12:19] {@Threei} valid again
[12:32] {dptl} held .85 few times
[12:34] {nemo} today as clear as mud
[12:37] {nemo} XIV .95 break interesting
[12:38] {nemo} hah, telport
[13:13] {dptl} .
01[13:18] {@Threei} market is glued
[13:18] {dino} no kidding
[13:23] {pamsv} thanks all - have a great weekend - catch you next week
01[13:23] {@Threei} you too pam
[13:24] {dptl} out ccl
[13:25] {Jenh} same here
[13:26] {dptl} brb
[13:46] {dptl} do you like vlo short Vad?
[13:46] {nemo} shorting the oil complex is iffy in this quiet market
01[13:46] {@Threei} not really
[13:46] {dptl} ok ty
01[13:46] {@Threei} not that long was more attractive
[13:47] {dptl} ye really quite today
[13:48] {nemo} I'm tempted to short XOP but I think it wants to close the gap on @49.60ish first
[13:56] {nemo} iwm kissed fib extension
[13:58] {nemo} serious volume XOP
[13:58] {nemo} might be getting a bit of euphoria
01[13:58] {@Threei} makes me think long VLO
[14:00] {nemo} If I knew for certain that a man was coming to my house to do me good, I would run for my life. - Henry David Thoreau
[14:01] {nemo} XOP stays above .80 could be
01[14:11] {@Threei} anyone went for it, half out here
[14:11] {dptl} you went where?
01[14:12] {@Threei} 48 break
[14:23] {JoebiWan} xom short?
01[14:23] {@Threei} nah
01[14:24] {@Threei} I'd rather go for .80 break long
[14:24] {JoebiWan} ty
01[14:25] {@Threei} may I change my answer?
[14:25] {nemo} if there's no exogenous news over the next couple of weeks...market should basically be a long even if they sell down the futes in the overnight
[14:26] {JoebiWan} sure lol
[14:26] {nemo} watch for .60 bounce
[14:27] {nemo} roof on VXX is the pivot so far
[14:32] {dptl} rig?
[14:32] {dptl} .50 recross?
01[14:33] {@Threei} long?
01[14:34] {@Threei} short?
[14:34] {dptl} long
01[14:34] {@Threei} yes
01[14:34] {@Threei} 1:2 VLO
[14:34] {dptl} to late
01[14:34] {@Threei} don't make me read your thoughts next time :)
[14:34] {dptl} :)
01[14:34] {@Threei} I can barely what you type
01[14:35] {@Threei} let alone what you think
[14:39] {dptl} how about cop long?
01[14:39] {@Threei} yes but I think don't count on much
01[14:39] {@Threei} just a scalp
01[14:44] {@Threei} 1:1
[14:45] {JoebiWan} ty
[14:45] {JoebiWan} out
01[14:45] {@Threei} 1:2
01[14:45] {@Threei} lol, it made in 3 min almost half of it's day's range
[14:45] {dptl} out
[14:49] {dptl} its just woke up all of sudden
[14:53] {JoebiWan} sdrl .45 break?
01[14:55] {@Threei} can't tell
[15:04] {dptl} jpm Vad? .30 short ...small stop
[15:11] {dptl} charts stopped ?
[15:11] {dptl} oh going again
06[15:11] * nemo says, "worked"
01[15:13] {@Threei} Long Setup: COP .40 break'
01[15:13] {@Threei} grrr
01[15:13] {@Threei} late
[15:14] {dptl} grrrrrrrr
[15:19] {nemo} spy could break higher heare
[15:19] {nemo} here
[15:21] {nemo} could be the DT also
01[15:27] {@Threei} Short Setup: JPM .15 break
01[15:27] {@Threei} If holds .25
[15:27] {nemo} support right here
01[15:29] {@Threei} which is why it's a short if breaks it
[15:29] {nemo} no selling pressure in market everything going up
[15:35] {nemo} maybe just maybe XOP setting up short
[15:38] {nemo} wow
[15:38] {nemo} this would likely be the point
[15:40] {nemo} FB
01[15:41] {@Threei} Long Setup: TWTR .85 break
01[15:41] {@Threei} If holds .75
[15:42] {nemo} SPY and IWM gonna come in a bit
[15:42] {nemo} interesting fat finger xop
[15:45] {dptl} no way to get twtr
[15:45] {dptl} in jpm
[15:47] {dptl} running out of time.....
01[15:48] {@Threei} 1:1 TWTR
[15:48] {dptl} dont know how you got it :)
[15:49] {JoebiWan} it came back
01[15:49] {@Threei} easy - on pullback
[15:49] {dptl} ohhh i was dealing with jp then
01[15:49] {@Threei} 1:1 JPM
[15:50] {dino} calling it a week guys, thx
01[15:50] {@Threei} take care dino
[15:50] {dino} u2, gn
01[15:53] {@Threei} 1:2 TWTR close enough
01[15:53] {@Threei} out
[15:53] {dptl} nice
01[15:54] {@Threei} 1:2 JPM
01[15:54] {@Threei} out
01[15:54] {@Threei} ending with a bang
[15:54] {dptl} all out jp too..ty
01[15:54] {@Threei} two bangs actually
[15:54] {JoebiWan} ty, gn all
[15:54] {dptl} bang bang
01[15:54] {@Threei} thank you all, great week
[15:54] {Jenh} thanks 3i! gn everyone.
01[15:55] {@Threei} have a great weekend, see you monday!
[15:55] {dptl} good weekend all
Session Start: Fri Dec 19 00:00:00 2014
[08:54] {dino} gm
01[08:54] {@Threei} dino :)
[08:54] {JoebiWan} morning
01[08:54] {@Threei} jw :)
[09:05] {dptl} gm
01[09:06] {@Threei} dp :)
[09:10] {Jenh} gm
01[09:11] {@Threei} jen :)
01[09:16] {@Threei} Upside:
01[09:16] {@Threei} -PETX +38% (positive top-line results from AT-001 pivotal field study in client-owned dogs with osteoarthritis)
01[09:16] {@Threei} -TRXC +27% (completed successful pre-clinical robotic surgical procedures; management affirms FDA timeline)
01[09:16] {@Threei} -CERS +15% (FDA approves INTERCEPT blood system for platelets)
01[09:16] {@Threei} -RHT +11% (earnings, guidance)
01[09:16] {@Threei} -KMX +9.5% (earnings)
01[09:16] {@Threei} -PIR +9% (earnings)
01[09:16] {@Threei} -OREX +8% (Feuerstein sees OREX's weight-loss pill is a mix of efficacy and safety placing it in the middle of Vivus's Qysmia & Arena's Belviq)
01[09:16] {@Threei} -CYT +7.5% (offering $250M aggregate principal amount of senior notes due 2025)
01[09:16] {@Threei} -ALLY +5% (agreement with DoJ to continue investigation of potential claims under the False Claims; filed common stock shelf of an indeterminate size)
01[09:16] {@Threei} -HALO +4.4% (confirmed receipt of EU orphan drug designation for PEGylated Recombinant Human Hyaluronidase PH20 for pancreatic cancer)
01[09:16] {@Threei} -OGXI +2.6% (results from the Phase 2 Borealis-1 trial of Apatorsen in treating bladder cancer)
01[09:17] {@Threei} Downside:
01[09:17] {@Threei} -IMGN -41% (update on Phase 3 MARIANNE study in people with previously untreated advanced HER2-Positive breast cancer)
01[09:17] {@Threei} -NQ -14% (earnings)
01[09:17] {@Threei} -BBRY -6.4% (earnings)
01[09:17] {@Threei} -RHHBY -6% (granted global license with Hapten Pharma for use of Samcypron)
01[09:17] {@Threei} -NKE -2% (earnings)
[09:17] {RonS} hello...ccl pressure
01[09:17] {@Threei} ron :)
[09:23] {nemo} damn, they didn't bust those fat finger spy trades yesterday...threw the pivot calculations all off
[09:23] {nemo} that's never happened before
[09:23] {nemo} we could have funny games today
[09:24] {nemo} oh, and when I say never, in the 7 years I've been tracking pivots
[09:24] {dino} considering you're only 8 years old, thats about never
[09:24] {RonS} but if you were ese would say 6.8152
01[09:25] {@Threei} lol
01[09:25] {@Threei} ese is on his way to Nanaimo... have some sympathy
[09:25] {nemo} No, if I were ese I'd commit suicide
[09:26] {nemo} actually Seppuku just to make him suffer more
[09:26] {nemo} well, I'd have to be Samurai for Seppuku, so Hara Kiri
[09:27] {nemo} small useles bit of trivia- Seppuku means "sincerity" and by cutting the lower abdomen they were releasing the soul
[09:27] {dino} sure
[09:28] {nemo} he says sarcastically
[09:28] {dino} :)
[09:28] {RonS} gut wrenching detail?
01[09:28] {@Threei} lol
[09:28] {dino} good one
[09:28] {nemo} yeah, props to Ron
[09:28] {nemo} dick
[09:28] {RonS} perfect
[09:29] {nemo} quoting Last Samurai, Ron? actually very good movie
[09:29] {nemo} which I don't often say about a Tom Cruise movie
[09:29] {RonS} agree
[09:30] {dino} that was a good movie
[09:31] {nemo} The movies where he has a strong co star seem to be his best
01[09:32] {@Threei} Long Setup: VXX .25 break
01[09:32] {@Threei} If holds .15
01[09:33] {@Threei} hit .34 before I even typed a stop
[09:34] {dptl} out
01[09:36] {@Threei} Short Setup: GLD 115 break
01[09:36] {@Threei} If holds .10
[09:45] {nemo} futes puking
[09:45] {nemo} broke support
[09:45] {nemo} DAX STB on new sanctions
[09:49] {RonS} stb?
[09:49] {nemo} Shit The Bed
[09:50] {RonS} oh, of course...
[09:53] {dino} adding some amba calls
01[09:54] {@Threei} 1:1
[09:56] {dptl} out on trail ty
01[09:57] {@Threei} yw but why?
[09:57] {nemo} it's dp
[09:57] {dptl} ?
01[09:57] {@Threei} never went over 115
[09:57] {nemo} neither has dp's IQ
[09:58] {dptl} did i got .02
[09:58] {nemo} IWM back above yearly highs
[09:58] {nemo} 118.95 fib extension and the proverbial "hair" below 119
[10:00] {dptl} bids was.01... man this is wierd ..now i am looking at chart and it and it didt.....so how could i get .02 fill???? where is it? if chart is not showing it the trade never happend, but i have confirmation it did??
[10:01] {dptl} i mean where is my trade on the chart?
01[10:03] {@Threei} Long Setup: DAL .80 break
01[10:03] {@Threei} If holds .70
01[10:07] {@Threei} trail to .74
[10:07] {dino} hedj sm l .67
[10:07] {dino} dxj sm l .07
[10:08] {dino} dp, chart wrong
01[10:09] {@Threei} 1:1
01[10:10] {@Threei} 1:2
01[10:11] {@Threei} 1:3
[10:11] {JoebiWan} out ty vad
01[10:11] {@Threei} yw
[10:12] {JoebiWan} brb
[10:12] {Jenh} ty 3i!
[10:13] {dptl} all out ty......tell me... if trade happend...it should be shown on chart and on t&s, rigth? specialy on time and sale....but i never saw that trade there...and its not a first time
01[10:13] {@Threei} yw guys
01[10:13] {@Threei} I don't know dp
01[10:13] {@Threei} just don't freak out
[10:13] {nemo} looked for cannot be seen (hsi) listened for cannot be heard
01[10:13] {@Threei} you sound like you can't breathe
[10:15] {dptl} this is first time working with DA access softwere, and i worked with few different ones, i dont see my trades going on t&s.....its just wierd to me
01[10:29] {@Threei} nemo, may I ask you to take this test and inform us of the results:
01[10:29] {@Threei} http://www.bbc.com/news/health-30500372
[10:30] {nemo} Your drinking habits are unlike the average from any country.
[10:30] {nemo} But your closest match on overall consumption alone is Belarus, the heaviest-drinking country in the world
01[10:30] {@Threei} thought so
[10:31] {nemo} well, I have to make up for you
01[10:31] {@Threei} thank you for taking care of that
[10:31] {nemo} my pleasure
[10:31] {nemo} http://goo.gl/w1ym4v
[10:31] {dptl} i think there may be something with logix blotters, not showing actual executed numbers, but just capturing offer or bid price at the moment of execution.
01[10:33] {@Threei} ummmm... do they calculate your actual profit by actual executions? :)
[10:33] {dptl} yes
01[10:34] {@Threei} and that's different from what you see in closed position blotter??
[10:38] {dptl} i will check tomorrow that gld trade after setelment, to see what the price was, and if it dif, then its a blotter....what i mean Vad, i have trade, wich was executed at price according to blotter, wich never showed on the chart and t&s
[10:39] {dptl} so i suspect that i acualy was filled at dif price, then blotter is showing me
[10:39] {nemo} check your server message console
[10:40] {dptl} i did, its same, its always same
[10:41] {nemo} then calculate your gains based on that then compare it to what Nevis sends out in their emails
01[10:42] {@Threei} Short Setup: MCD .10 break
[10:42] {dptl} well thats what i mean....i will check tomorrow that trade to see what was setteled price
01[10:42] {@Threei} If holds .20
01[10:43] {@Threei} 1:1
[10:45] {dptl} out on trail ty
01[10:45] {@Threei} yw
01[10:45] {@Threei} and yes, it did print .11 :)
[10:45] {dptl} see
[10:45] {dptl} this one yes
[10:46] {dptl} gld never did
[10:46] {dptl} but my blotter says it did
[10:47] {nemo} and Dino sees dead people
[10:47] {dptl} lol
01[10:47] {@Threei} and I see dead pixels
[10:47] {nemo} sheesh Quad witch Friday with that frickin' SPY spike yesterday
[10:49] {RonS} icon sm l .50
01[10:50] {@Threei} [SNE] Reportedly Sony hackers send message indicating they are pleased Sony pulled "The Interview" from theaters - press - Hackers say they will not release any more Sony data unless the company "makes additional trouble."
[10:54] {dino} crazy sne, letting others cencor it
[10:54] {dino} censor
01[10:55] {@Threei} yeah, this just encourages new attacks of this kind
[10:56] {RonS} out icon -.05 looks and acts lower
[10:56] {dino} yes it does
[10:56] {dino} now sne has north korea telling it what movies they will allow, unbelievable
[10:56] {nemo} NKE
[10:57] {dino} nke sm l .60
[10:57] {nemo} yep
[10:57] {nemo} first target above .80, vwap way the fuck up there
[10:58] {dino} about a buck
[10:59] {nemo} yeah, looks farther on the chart ;-)
[11:00] {nemo} first resistance here
[11:00] {dino} my stop is .49, lets let it work
[11:01] {nemo} Quad witch day, too precarious my stop under .60
[11:04] {dino} kye drop
[11:06] {dino} nke stop
[11:06] {nemo} nke likely a short the rest of the day
[11:07] {nemo} it was #1 weak on algo this morning, then when it couldn't break through that 80ish resistance I was like, "Oh, oh" thus my stop under .60
[11:11] {dino} slow day
[11:11] {nemo} not surprising actually
[11:11] {dino} brb
01[11:12] {@Threei} Energy and materials names are among the biggest gainers in the S&P500 this morning as broader equity markets move higher again this morning. Crude is moving sideways again this morning, with WTI around $55.70 and Brent is back around $62. Today is quadruple witching, driving above-average trading volume.
[11:12] {nemo} duh
[11:12] {dptl} lol
[11:13] {nemo} jen, dcc
01[11:13] {@Threei} Shares of Nike are down nearly 4% this morning despite the firm's decent second-quarter numbers. Margins were strong, sales in all geographies were up by double digits, but the firm's worldwide future orders guidance was only +7%, its lowest rate in a year.
01[11:13] {@Threei} sheesh
01[11:13] {@Threei} lol
[11:14] {Jenh} dcc?
[11:14] {nemo} you on mirc?
[11:14] {Jenh} no the website
[11:14] {Jenh} nm
01[11:14] {@Threei} slang for private message jen
[11:25] {nemo} it's all algo trading all the time today so far
[11:25] {dino} aspx spike
[11:26] {dino} sm s .75
[11:28] {nemo} LVS
[11:29] {dino} cov aspx .90, +.85
[11:29] {JoebiWan} gj
[11:29] {dino} ty
[11:30] {nemo} VXX
[11:30] {dino} think i need to just go back to my wait for spikes/capits mode
[11:30] {nemo} choppy frickin day
[11:31] {nemo} mmmhhhh drink or go hunting
[11:31] {nemo} drink and go hunting, mmmmhhhh
[11:31] {dino} lol, thinking about taking a nap
[11:32] {nemo} o.k. DAX closed
[11:32] {dino} out hedj .74, +.08
[11:33] {nemo} killin' it there today Dino
[11:33] {dino} out dxj .15, +
[11:33] {dino} +.08
[11:33] {nemo} flossin' with barbed wire
[11:33] {dino} yeah
01[11:49] {@Threei} Long Setup: CCL .95 break
01[11:49] {@Threei} If holds .85
[12:00] {dptl} vali still?
[12:01] {dptl} valid?
01[12:01] {@Threei} yes
[12:09] {dptl} not anymore i guess
01[12:19] {@Threei} valid again
[12:32] {dptl} held .85 few times
[12:34] {nemo} today as clear as mud
[12:37] {nemo} XIV .95 break interesting
[12:38] {nemo} hah, telport
[13:13] {dptl} .
01[13:18] {@Threei} market is glued
[13:18] {dino} no kidding
[13:23] {pamsv} thanks all - have a great weekend - catch you next week
01[13:23] {@Threei} you too pam
[13:24] {dptl} out ccl
[13:25] {Jenh} same here
[13:26] {dptl} brb
[13:46] {dptl} do you like vlo short Vad?
[13:46] {nemo} shorting the oil complex is iffy in this quiet market
01[13:46] {@Threei} not really
[13:46] {dptl} ok ty
01[13:46] {@Threei} not that long was more attractive
[13:47] {dptl} ye really quite today
[13:48] {nemo} I'm tempted to short XOP but I think it wants to close the gap on @49.60ish first
[13:56] {nemo} iwm kissed fib extension
[13:58] {nemo} serious volume XOP
[13:58] {nemo} might be getting a bit of euphoria
01[13:58] {@Threei} makes me think long VLO
[14:00] {nemo} If I knew for certain that a man was coming to my house to do me good, I would run for my life. - Henry David Thoreau
[14:01] {nemo} XOP stays above .80 could be
01[14:11] {@Threei} anyone went for it, half out here
[14:11] {dptl} you went where?
01[14:12] {@Threei} 48 break
[14:23] {JoebiWan} xom short?
01[14:23] {@Threei} nah
01[14:24] {@Threei} I'd rather go for .80 break long
[14:24] {JoebiWan} ty
01[14:25] {@Threei} may I change my answer?
[14:25] {nemo} if there's no exogenous news over the next couple of weeks...market should basically be a long even if they sell down the futes in the overnight
[14:26] {JoebiWan} sure lol
[14:26] {nemo} watch for .60 bounce
[14:27] {nemo} roof on VXX is the pivot so far
[14:32] {dptl} rig?
[14:32] {dptl} .50 recross?
01[14:33] {@Threei} long?
01[14:34] {@Threei} short?
[14:34] {dptl} long
01[14:34] {@Threei} yes
01[14:34] {@Threei} 1:2 VLO
[14:34] {dptl} to late
01[14:34] {@Threei} don't make me read your thoughts next time :)
[14:34] {dptl} :)
01[14:34] {@Threei} I can barely what you type
01[14:35] {@Threei} let alone what you think
[14:39] {dptl} how about cop long?
01[14:39] {@Threei} yes but I think don't count on much
01[14:39] {@Threei} just a scalp
01[14:44] {@Threei} 1:1
[14:45] {JoebiWan} ty
[14:45] {JoebiWan} out
01[14:45] {@Threei} 1:2
01[14:45] {@Threei} lol, it made in 3 min almost half of it's day's range
[14:45] {dptl} out
[14:49] {dptl} its just woke up all of sudden
[14:53] {JoebiWan} sdrl .45 break?
01[14:55] {@Threei} can't tell
[15:04] {dptl} jpm Vad? .30 short ...small stop
[15:11] {dptl} charts stopped ?
[15:11] {dptl} oh going again
06[15:11] * nemo says, "worked"
01[15:13] {@Threei} Long Setup: COP .40 break'
01[15:13] {@Threei} grrr
01[15:13] {@Threei} late
[15:14] {dptl} grrrrrrrr
[15:19] {nemo} spy could break higher heare
[15:19] {nemo} here
[15:21] {nemo} could be the DT also
01[15:27] {@Threei} Short Setup: JPM .15 break
01[15:27] {@Threei} If holds .25
[15:27] {nemo} support right here
01[15:29] {@Threei} which is why it's a short if breaks it
[15:29] {nemo} no selling pressure in market everything going up
[15:35] {nemo} maybe just maybe XOP setting up short
[15:38] {nemo} wow
[15:38] {nemo} this would likely be the point
[15:40] {nemo} FB
01[15:41] {@Threei} Long Setup: TWTR .85 break
01[15:41] {@Threei} If holds .75
[15:42] {nemo} SPY and IWM gonna come in a bit
[15:42] {nemo} interesting fat finger xop
[15:45] {dptl} no way to get twtr
[15:45] {dptl} in jpm
[15:47] {dptl} running out of time.....
01[15:48] {@Threei} 1:1 TWTR
[15:48] {dptl} dont know how you got it :)
[15:49] {JoebiWan} it came back
01[15:49] {@Threei} easy - on pullback
[15:49] {dptl} ohhh i was dealing with jp then
01[15:49] {@Threei} 1:1 JPM
[15:50] {dino} calling it a week guys, thx
01[15:50] {@Threei} take care dino
[15:50] {dino} u2, gn
01[15:53] {@Threei} 1:2 TWTR close enough
01[15:53] {@Threei} out
[15:53] {dptl} nice
01[15:54] {@Threei} 1:2 JPM
01[15:54] {@Threei} out
01[15:54] {@Threei} ending with a bang
[15:54] {dptl} all out jp too..ty
01[15:54] {@Threei} two bangs actually
[15:54] {JoebiWan} ty, gn all
[15:54] {dptl} bang bang
01[15:54] {@Threei} thank you all, great week
[15:54] {Jenh} thanks 3i! gn everyone.
01[15:55] {@Threei} have a great weekend, see you monday!
[15:55] {dptl} good weekend all
Thursday, December 18, 2014
Dec 18 2014
Once again nicely winning day with many strong trades, ranging from scalps to 1:3. Quite a week, despite being FOMC one.
Session Time: Thu Dec 18 00:00:00 2014
[08:56] {dino} gm 3i
01[08:56] {@Threei} morning dino
[09:08] {RonS} hay y'all...for all you old horses...hearing russians hording buckwheat
01[09:08] {@Threei} hey Ron
01[09:09] {@Threei} this is one of the best sources of carbs you can think of
[09:09] {cosmo} for horses?
[09:10] {RonS} and here i thought it was a little black kid: http://www.bing.com/images/search?q=our+gang+buckwheat+pictures&qpvt=our+gang+buckwheat+pictures&FORM=IGRE
[09:11] {JoebiWan} lol
[09:11] {RonS} dnkd uh...dunked
[09:12] {cosmo} Froggy was my favorite...
[09:21] {dptl} gm
01[09:21] {@Threei} dp :)
[09:26] {ese} gm
[09:26] {ese} My rhythm and blues band is out side in Centennial Square tonight at 5:30 vad......coming?
01[09:27] {@Threei} ese :)
[09:27] {ese} Congregation Emanuel festival of light
[09:27] {ese} or
01[09:27] {@Threei} don't know... general aka she who is to be obeyed manages social schedule
01[09:28] {@Threei} me, I just go where told to
[09:28] {ese} you can come up to Nanaimo with us tomorrow....corporate show at the Coast Bastion Hotel
[09:28] {ese} lol
[09:28] {ese} AND THEN !!!!!!!!!!!!!!!!!!!
01[09:28] {@Threei} but I do know for sure I am not going to nanaimo unless I absolutely have to
[09:29] {ese} I"M !!!!!!!!!!!
[09:29] {ese} FREEEEEEEEEEE !!!!!!!!!!!!!!
01[09:29] {@Threei} :)
01[09:29] {@Threei} Upside:
01[09:29] {@Threei} -ZAGG +22% (raised '14 guidance)
01[09:29] {@Threei} -TTPH +15% (positive top-line results from Phase 3 IGNITE 1 trial of Eravacycline)
01[09:29] {@Threei} -RAD +15% (earnings)
01[09:29] {@Threei} -AKS +9% (Q4 guidance)
01[09:29] {@Threei} -ORCL +5.8% (earnings, guidance)
01[09:29] {@Threei} -JBL +5.2% (earnings)
01[09:29] {@Threei} -ACN +3.2% (earnings)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -SIMG -27% (FY15 guidance to decline 10% y/y)
01[09:29] {@Threei} -DNKN -7% (FY15 guidance)
01[09:29] {@Threei} -ATU -2.5% (earnings)
01[09:29] {@Threei} -WGO -6% (earnings)
[09:37] {ese} can't remember if I made this call on the board or not the other day....tuesday I think......am L rfmd 15.0189...nothing big 600...it's + .84
[09:37] {ese} this thing is just chomping at the bit to break above 16
01[09:39] {@Threei} Long Setup: VXX .80 break
[09:39] {ese} got stopped out of my ibn position as well from last week -.28.......bastard
01[09:40] {@Threei} change to .70
01[09:40] {@Threei} If holds .60
01[09:41] {@Threei} stop to .64
01[09:41] {@Threei} 1:1
01[09:42] {@Threei} 1/4 more out
01[09:42] {@Threei} stop to .74
01[09:42] {@Threei} 1:2
01[09:42] {@Threei} .79
[09:43] {ese} nice one chief
01[09:43] {@Threei} ty
[09:43] {dptl} out ty
01[09:43] {@Threei} yw
01[09:43] {@Threei} closed
[09:44] {ese} what I like about my stock is that it's climbing even when the vxx climbs
[09:45] {ese} dddddddddddddddddddddddddddpppppppppppppppppppppppp !!!!!!!!!!!!!!!!!!!
[09:45] {dptl} lol....ese :)
01[09:45] {@Threei} *(US) DEC PRELIMINARY MARKIT SERVICES PMI: 53.6 V 56.3E
[09:45] {ese} lookin forward to seeing you again at the shiskabob bash in the summer
[09:46] {dptl} me too :)
[09:50] {dptl} is everything is slow? or its something with my computer
[09:50] {ese} vodka......at 7am.........that'll do it to ya
01[09:50] {@Threei} unless your computer rund the market...
[09:52] {nemo} if they don't gap and crap gonna' be a long day
[09:54] {ese} hey dp? why don't we split the cost and fly nemo out here for the shiskabob bash?
01[09:54] {@Threei} Short Setup: JPM .60 break
01[09:54] {@Threei} If holds .66
[09:55] {ese} opps !!!!!! nemos on the board ...don't let him know that I said that
[09:55] {dptl} is logix running ok ?
[09:55] {ese} rfmd.....there we go....thats a good little stock....keep that up
01[09:55] {@Threei} yes
01[09:56] {@Threei} meh
01[09:57] {@Threei} numbers in 4, waiting out
01[10:00] {@Threei} *(US) DEC PHILADELPHIA FED BUSINESS OUTLOOK: 24.5 V 26.0E
[10:00] {nemo} ain't gonna' matter
01[10:00] {@Threei} *(US) NOV LEADING INDEX: 0.6% V 0.5%E
[10:01] {dino} asps hl l .35
01[10:02] {@Threei} Long Setup: IWM .05 break
01[10:02] {@Threei} If holds .95
01[10:03] {@Threei} 1:1
01[10:04] {@Threei} 1:2
[10:08] {ese} out rfmd +1.02
01[10:08] {@Threei} wtg
[10:08] {ese} tks
[10:09] {nemo} futes are vertical
01[10:12] {@Threei} Long Setup: DAL .55 break
01[10:12] {@Threei} If holds .45
01[10:14] {@Threei} 1:1
01[10:15] {@Threei} 1:2
[10:22] {dino} gj
01[10:25] {@Threei} ty
[10:27] {dptl} out dal on trail ty
01[10:27] {@Threei} yw
[10:28] {dptl} my logix acting not right, very slow
[10:28] {nemo} shut it down and start it again
[10:28] {dptl} just did
[10:28] {nemo} do speedtest.net on your computer
01[10:31] {@Threei} pam, see private message please
01[10:31] {@Threei} wow... speedtest kicked dp out :)
[10:32] {nemo} are you complaining?
[10:32] {dino} slxp drop
01[10:32] {@Threei} lol
[10:32] {nemo} I"ve had no sleep, so I'll be either exceedingly obnoxious or awol
01[10:34] {@Threei} nemo - exceedingly obnoxious?
01[10:34] {@Threei} why would have ever thought it was possible
[10:34] {nemo} o.k. normal
01[10:34] {@Threei} +anyone
[10:35] {nemo} shit...missed VXX
[10:38] {RonS} oil sliding
[10:38] {nemo} that sucked Ron
[10:39] {RonS} ty very much
[10:39] {JoebiWan} i thought it was pretty slick
[10:39] {nemo} calling a shovel a shovel
[10:39] {nemo} better Padawan
[10:40] {nemo} can't use the word "spade" it's not PC
[10:40] {ese} yak yak yak.....yuk yukyuk...dak aka dak.....nice one joeb
[10:40] {nemo} forget ur meds today ese?
[10:41] {nemo} You know you go all off kilter when u forget ur estrogen
[10:41] {dptl} strange, restarted twice speed of internet is good,just logix is way to slow for some reason
[10:41] {ese} lol
[10:41] {nemo} do the ping test dp
[10:41] {RonS} and if does not work, try pong
[10:41] {ese} whats that nemo?
[10:42] {nemo} oh gawd
[10:42] {dptl} ping?
[10:42] {JoebiWan} lol
[10:42] {nemo} I guess Ron has no adult supervision today
[10:42] {ese} ya.....what kinda test is that
[10:42] {RonS} ya, get one of those clubs and bash the hell out of your computer...
01[10:42] {@Threei} lol
[10:43] {nemo} I'd shoot it, but I'm sure the pinko doesn't have a gun
01[10:50] {@Threei} dp, in server mesage console, there is a TTR number at the bottom
01[10:50] {@Threei} what does your say?
[10:51] {dptl} 82ms
[10:51] {dptl} 96now
01[10:52] {@Threei} not catastrophic but on a slowish side
[10:52] {dptl} 82now again
[10:52] {dptl} whats on yours?
01[10:53] {@Threei} 40-60
[10:54] {dptl} actually what is that?
01[10:54] {@Threei} how do I know
[10:58] {RonS} lol
01[10:58] {@Threei} Long Setup: VXX .25 break
01[10:58] {@Threei} If holds .15
01[11:00] {@Threei} 1:1
[11:00] {dptl} sigh ..missed that one
01[11:00] {@Threei} 1:2
01[11:05] {@Threei} anyone got it?
01[11:05] {@Threei} .27 was obtainable
[11:05] {dptl} got destracted with support here
[11:06] {dptl} nice one
[11:13] {dptl} nemo what is your TTR on logix?
[11:24] {nemo} 49
[11:24] {dptl} ok
[11:37] {RonS} safm chicken dance
[11:38] {nemo} turkey talking
[11:39] {RonS} bruised ego here... as sensitive as Les getting yelled at by his wife :)
[11:40] {nemo} that's probably the closest to sex Les gets
[11:41] {RonS} hey dino
[11:41] {dptl} do you like vlo long Vad?
[11:41] {nemo} look at XOP DP
01[11:41] {@Threei} only on pullback
01[11:42] {@Threei} nit ona break
[11:42] {dptl} ok
[11:42] {nemo} might play it short here actually
[11:44] {dptl} lol....ok running better now logix...apperantly i had to many charts open today. strange but it was ok before
01[11:44] {@Threei} how many?
[11:44] {dptl} 5 ch ...5 level 2s...5 t&sales
01[11:45] {@Threei} I run 4 L2s,
01[11:45] {@Threei} just 2 T&S
01[11:46] {@Threei} you don't need T&S but for a stock you actually trade
01[11:46] {@Threei} so SPY can do without\
01[11:46] {@Threei} also, for two stocks in trade I have both intraday and daily, but for SPY and third stock - intraday only
[11:46] {nemo} 4L2s
[11:46] {nemo} wow
01[11:46] {@Threei} all this helps cut on resource usage
[11:47] {nemo} Logix is a bit heavy on resources
01[11:47] {@Threei} java
01[11:47] {@Threei} it's hungry
[11:47] {nemo} yeah, java sucks
[11:47] {JoebiWan} agreed
[11:47] {nemo} Padawan...speak only when spoken to
01[11:48] {@Threei} still, I can run logix, browser with 10-12 tabs, scanner and e-mail client,
[11:48] {nemo} verdammter Deutscher
[11:48] {JoebiWan} take a nap
01[11:48] {@Threei} plus a few little programs here and there
[11:48] {nemo} already did
01[11:48] {@Threei} and even if I fire up photoshop with all that, computer doesn't complain
[11:48] {nemo} kleines Schlaefchen
[11:48] {JoebiWan} hast du gut geschlafen?
[11:48] {nemo} computers don't talk, Vad
[11:49] {dptl} so vlo?
01[11:49] {@Threei} nah, doesn't look right
[11:49] {nemo} nein. Ich bin seit Zwei Uhr aufgewachen
01[11:49] {@Threei} maybe yours doesn't nemo
[11:49] {dptl} yeah
[11:49] {nemo} oh oh
01[11:49] {@Threei} because you are impolite
01[11:49] {@Threei} mine greets me every morning
[11:49] {nemo} Fuck you, I'm not impolite
01[11:50] {@Threei} yeah, I take that back... you are embodiment of politness
[11:50] {nemo} damn straight
01[11:52] {@Threei} General Motors halts sales to Russian car dealers over ruble collapse
[11:56] {RonS} accept payment is buckwheat?
[11:56] {ese} make a great day all...hopefully see you tomorrow before i'm on a bus.....
[11:56] {RonS} cya ese
[11:56] {nemo} skip it, sleep in
[11:56] {nemo} relax til New Year
01[11:56] {@Threei} take care ese
[11:56] {nemo} maybe take 2015 off
[11:56] {RonS} oof
[11:56] {nemo} ;-)
[11:57] {RonS} got suckered...thought he was being nice...
01[11:57] {@Threei} nemo, take heart
01[11:57] {@Threei} man goies to nanaimo
[11:57] {nemo} ?
01[11:57] {@Threei} that's not for faint souls
01[11:57] {@Threei} bikers' capital of BC
[11:57] {nemo} yeah, but ese's the kinda' guy that can whistle through a minefield
[11:58] {nemo} no such luck
[11:59] {RonS} nanaimo named after nemo's grandmother?
[12:00] {nemo} my demon father
[12:00] {nemo} frickin' mortals
01[12:00] {@Threei} lol
[12:01] {nemo} indexes up oil and oilers down
[12:04] {nemo} mmmhhh, explorer will only stretch across three monitors
01[12:09] {@Threei} ugh
01[12:09] {@Threei} missed IWM 118
01[12:31] {@Threei} Long Setup: IWM .10 break
01[12:31] {@Threei} If holds 118
01[12:39] {@Threei} half out
[12:40] {nemo} spy dripping
[12:41] {pamsv} see you all..
01[12:41] {@Threei} take care pam
01[12:42] {@Threei} 1:1
01[12:45] {@Threei} 1:2
06[12:46] * @Threei slaps dptl around a bit with a large roll of cash
[12:46] {dptl} trailing to .19 ty
[12:49] {dptl} waiting at .39
[12:51] {dptl} to .24 stop
[12:53] {nemo} http://goo.gl/4keazE
[12:56] {JoebiWan} trail or take 1:3?
[12:56] {nemo} you're at new highs your choice
[12:57] {nemo} I'd put stop under .20
[12:57] {nemo} but look at spy, think it might come in if spy drops .30
[12:58] {nemo} see tail on that hammer, put stop under that
[12:58] {dptl} yep .24
[12:58] {JoebiWan} ty
[12:58] {nemo} just depends on whether you want to risk what you have left
01[13:02] {@Threei} what risk, house money
02[13:02] * Disconnected
Session Close: Thu Dec 18 13:02:23 2014
Session Start: Thu Dec 18 13:02:23 2014
Session Ident: #discussions
02[13:05] * Attempting to rejoin channel #discussions
03[13:05] * Rejoined channel #discussions
01[13:05] {Threei} 1:3
[13:05] {dptl} ty
01[13:05] {Threei} yw
[13:06] {nemo} 205.27 SPY Weekly R1
01[13:06] {Threei} so dp... tell me please
[13:06] {JoebiWan} ty vad
[13:06] {nemo} IWM likely to try for new highs
01[13:06] {Threei} calm, relaxed, non-aggressive approach, wothput pushing to find next and next and next trade right away
01[13:06] {Threei} yw jw
01[13:07] {Threei} how does it feel and hpw is it working?
[13:07] {nemo} passive aggressive new age pizdah
[13:08] {nemo} interesting...look how VXX moved up relative to spy IWM moves
[13:09] {dptl} yes much better Vad....just following your trades today.....once again magic logix....offer was sitting .39 but got filled at.40
[13:09] {nemo} IWM stronger than SPY
[13:10] {nemo} set your stop below .35 on IWM
[13:12] {dptl} plus i had to reduce my sizes for the next few days, so staying absolutely calm
02[13:25] * Disconnected
Session Close: Thu Dec 18 13:25:17 2014
Session Start: Thu Dec 18 13:25:17 2014
Session Ident: #discussions
02[13:28] * Attempting to rejoin channel #discussions
03[13:28] * Rejoined channel #discussions
01[13:28] {Threei} korean hackers?
[13:28] {dptl} .
[13:29] {dptl} oops
[13:32] {dptl} test
03[13:32] * Retrieving #discussions modes...
01[13:32] {@Threei} passed
[13:37] {dptl} is 24th going to be short day?
[13:39] {dptl} closing early i mean? or its a full day
[13:40] {RonS} doesn't matter...everyone goes home early
[13:40] {dptl} ok
[13:49] {dino} rcap drop
01[13:50] {@Threei} http://www.nasdaqtrader.com/Trader.aspx?id=Calendar
01[13:50] {@Threei} December 24, 2014 Early Close - U.S. 1:00 p.m.
[13:52] {dino} rcap l .74
[14:02] {RonS} 14:00 EST - RCS Capital(RCAP) is faring much worse than American Realty Capital (ARCP) in the wake of WSJ reporting a lawsuit has been filed that Nicholas Schorsch, which had chaired both before stepping down Monday
[14:03] {cosmo} ORCL posssible double top....
[14:04] {cosmo} fwiw
[14:05] {dino} out rcap .96, +.20
[14:09] {dino} fraud rumors on boards
01[14:12] {@Threei} Long Setup: VLO 46 break
01[14:12] {@Threei} If holds .90
[14:22] {nemo} wow a "sufi" exchange...that's hilarious
01[14:23] {@Threei} no go
[14:23] {dptl} out
[14:24] {nemo} wow, only saw 50 shares trade 46.01
[14:25] {nemo} spy inverted C&H
[14:25] {dptl} i notised that too, even though i got filled at .01, so never saw my shares there...wierd
01[14:36] {@Threei} rinse
[14:47] {JoebiWan} rig if pulls back under .70?
[14:47] {nemo} watch XOP
[14:49] {nemo} btw...hasn't been a single energy stock on the strong side of the algo today
[14:49] {nemo} all on the weak side
[14:51] {nemo} SPY ex div tonight
[14:52] {nemo} need to watch the futes next few days
[15:01] {dino} little oik bounce
[15:01] {dino} oil
[15:02] {nemo} with the shrinking volumes into january 6th market and oil likely to float up
[15:04] {dino} out asps from a.m., .60, +.25
[15:20] {nemo} XOP looks short, spy too
[15:21] {nemo} fas if it drops .10
01[15:21] {@Threei} hmmm
[15:21] {nemo} hurts doesn't it Vad?
01[15:21] {@Threei} Long Setup: IWM .50 break
01[15:21] {@Threei} .c .40
01[15:21] {@Threei} If holds .40
01[15:22] {@Threei} change to .40
01[15:23] {@Threei} If holds .35
01[15:26] {@Threei} meh
[15:26] {nemo} bitch of a market
01[15:26] {@Threei} oh god
[15:26] {nemo} oh what?
01[15:26] {@Threei} winning day all around, 5 cents stop and by comments you'
01[15:27] {@Threei} d think the world just ended
[15:27] {nemo} I don't think the world just ended
[15:27] {nemo} that's a slow process
01[15:27] {@Threei} that upsets you I gather
[15:27] {nemo} no, I like watching the suffering
01[15:28] {@Threei} ah... makes sense
[15:28] {nemo} duh
01[15:28] {@Threei} rinse
[15:28] {nemo} that's what I mean...you called the long, I'm seeing if it stays under .45 looks short, then jerks us both with 60 grit sandpaper
01[15:29] {@Threei} sheesh... it's a 5 cents stop
01[15:29] {@Threei} what sandpaper
[15:29] {nemo} tomorrow gonna' screw with people until they figur out SPY is ex div, then we do the Quad Witch churn, then we go into light holiday volume with a likely float up
01[15:29] {@Threei} you guys of big words don't get it
[15:29] {nemo} what big words
01[15:29] {@Threei} your words shape up your thoughts and by extension your actions
01[15:30] {@Threei} it's a 5 cents stop
01[15:30] {@Threei} it's not worth a mention
[15:30] {nemo} Yes, but it was still a rinse...short was a rinse long was a rinse
01[15:30] {@Threei} but no... "bitxch of the market," "sandpaper"...
01[15:30] {@Threei} your next trade will be a loser too
01[15:31] {@Threei} I will forget abput it in 3 seconds, and mine will be a winner
01[15:31] {@Threei} because our actions subcosciously seek to confirm pur words
01[15:31] {@Threei} our
[15:31] {nemo} I understand
[15:32] {nemo} but basically since noon it's been a wash
[15:32] {nemo} futes heading higher
01[15:32] {@Threei} ok, president set a record of action that doesn't act:
01[15:32] {@Threei} Obama will sign Russia sanctions bill without imposing new penalties
01[15:32] {@Threei} huh?
01[15:32] {@Threei} lol
[15:33] {nemo} it was like the climate accord he signed with China a few weeks ago, all sizzle no steak
01[15:34] {@Threei} yerah but how do you even word a bill on new sanctions without new sanctions?
[15:34] {nemo} art of politics
01[15:39] {@Threei} Short Setup: CAT .40 break
01[15:40] {@Threei} If holds .45
01[15:40] {@Threei} Invalidated
01[15:51] {@Threei} thank you all, have a good evening
01[15:51] {@Threei} see you tomorrow
[15:51] {dptl} gn all
Session Time: Thu Dec 18 00:00:00 2014
[08:56] {dino} gm 3i
01[08:56] {@Threei} morning dino
[09:08] {RonS} hay y'all...for all you old horses...hearing russians hording buckwheat
01[09:08] {@Threei} hey Ron
01[09:09] {@Threei} this is one of the best sources of carbs you can think of
[09:09] {cosmo} for horses?
[09:10] {RonS} and here i thought it was a little black kid: http://www.bing.com/images/search?q=our+gang+buckwheat+pictures&qpvt=our+gang+buckwheat+pictures&FORM=IGRE
[09:11] {JoebiWan} lol
[09:11] {RonS} dnkd uh...dunked
[09:12] {cosmo} Froggy was my favorite...
[09:21] {dptl} gm
01[09:21] {@Threei} dp :)
[09:26] {ese} gm
[09:26] {ese} My rhythm and blues band is out side in Centennial Square tonight at 5:30 vad......coming?
01[09:27] {@Threei} ese :)
[09:27] {ese} Congregation Emanuel festival of light
[09:27] {ese} or
01[09:27] {@Threei} don't know... general aka she who is to be obeyed manages social schedule
01[09:28] {@Threei} me, I just go where told to
[09:28] {ese} you can come up to Nanaimo with us tomorrow....corporate show at the Coast Bastion Hotel
[09:28] {ese} lol
[09:28] {ese} AND THEN !!!!!!!!!!!!!!!!!!!
01[09:28] {@Threei} but I do know for sure I am not going to nanaimo unless I absolutely have to
[09:29] {ese} I"M !!!!!!!!!!!
[09:29] {ese} FREEEEEEEEEEE !!!!!!!!!!!!!!
01[09:29] {@Threei} :)
01[09:29] {@Threei} Upside:
01[09:29] {@Threei} -ZAGG +22% (raised '14 guidance)
01[09:29] {@Threei} -TTPH +15% (positive top-line results from Phase 3 IGNITE 1 trial of Eravacycline)
01[09:29] {@Threei} -RAD +15% (earnings)
01[09:29] {@Threei} -AKS +9% (Q4 guidance)
01[09:29] {@Threei} -ORCL +5.8% (earnings, guidance)
01[09:29] {@Threei} -JBL +5.2% (earnings)
01[09:29] {@Threei} -ACN +3.2% (earnings)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -SIMG -27% (FY15 guidance to decline 10% y/y)
01[09:29] {@Threei} -DNKN -7% (FY15 guidance)
01[09:29] {@Threei} -ATU -2.5% (earnings)
01[09:29] {@Threei} -WGO -6% (earnings)
[09:37] {ese} can't remember if I made this call on the board or not the other day....tuesday I think......am L rfmd 15.0189...nothing big 600...it's + .84
[09:37] {ese} this thing is just chomping at the bit to break above 16
01[09:39] {@Threei} Long Setup: VXX .80 break
[09:39] {ese} got stopped out of my ibn position as well from last week -.28.......bastard
01[09:40] {@Threei} change to .70
01[09:40] {@Threei} If holds .60
01[09:41] {@Threei} stop to .64
01[09:41] {@Threei} 1:1
01[09:42] {@Threei} 1/4 more out
01[09:42] {@Threei} stop to .74
01[09:42] {@Threei} 1:2
01[09:42] {@Threei} .79
[09:43] {ese} nice one chief
01[09:43] {@Threei} ty
[09:43] {dptl} out ty
01[09:43] {@Threei} yw
01[09:43] {@Threei} closed
[09:44] {ese} what I like about my stock is that it's climbing even when the vxx climbs
[09:45] {ese} dddddddddddddddddddddddddddpppppppppppppppppppppppp !!!!!!!!!!!!!!!!!!!
[09:45] {dptl} lol....ese :)
01[09:45] {@Threei} *(US) DEC PRELIMINARY MARKIT SERVICES PMI: 53.6 V 56.3E
[09:45] {ese} lookin forward to seeing you again at the shiskabob bash in the summer
[09:46] {dptl} me too :)
[09:50] {dptl} is everything is slow? or its something with my computer
[09:50] {ese} vodka......at 7am.........that'll do it to ya
01[09:50] {@Threei} unless your computer rund the market...
[09:52] {nemo} if they don't gap and crap gonna' be a long day
[09:54] {ese} hey dp? why don't we split the cost and fly nemo out here for the shiskabob bash?
01[09:54] {@Threei} Short Setup: JPM .60 break
01[09:54] {@Threei} If holds .66
[09:55] {ese} opps !!!!!! nemos on the board ...don't let him know that I said that
[09:55] {dptl} is logix running ok ?
[09:55] {ese} rfmd.....there we go....thats a good little stock....keep that up
01[09:55] {@Threei} yes
01[09:56] {@Threei} meh
01[09:57] {@Threei} numbers in 4, waiting out
01[10:00] {@Threei} *(US) DEC PHILADELPHIA FED BUSINESS OUTLOOK: 24.5 V 26.0E
[10:00] {nemo} ain't gonna' matter
01[10:00] {@Threei} *(US) NOV LEADING INDEX: 0.6% V 0.5%E
[10:01] {dino} asps hl l .35
01[10:02] {@Threei} Long Setup: IWM .05 break
01[10:02] {@Threei} If holds .95
01[10:03] {@Threei} 1:1
01[10:04] {@Threei} 1:2
[10:08] {ese} out rfmd +1.02
01[10:08] {@Threei} wtg
[10:08] {ese} tks
[10:09] {nemo} futes are vertical
01[10:12] {@Threei} Long Setup: DAL .55 break
01[10:12] {@Threei} If holds .45
01[10:14] {@Threei} 1:1
01[10:15] {@Threei} 1:2
[10:22] {dino} gj
01[10:25] {@Threei} ty
[10:27] {dptl} out dal on trail ty
01[10:27] {@Threei} yw
[10:28] {dptl} my logix acting not right, very slow
[10:28] {nemo} shut it down and start it again
[10:28] {dptl} just did
[10:28] {nemo} do speedtest.net on your computer
01[10:31] {@Threei} pam, see private message please
01[10:31] {@Threei} wow... speedtest kicked dp out :)
[10:32] {nemo} are you complaining?
[10:32] {dino} slxp drop
01[10:32] {@Threei} lol
[10:32] {nemo} I"ve had no sleep, so I'll be either exceedingly obnoxious or awol
01[10:34] {@Threei} nemo - exceedingly obnoxious?
01[10:34] {@Threei} why would have ever thought it was possible
[10:34] {nemo} o.k. normal
01[10:34] {@Threei} +anyone
[10:35] {nemo} shit...missed VXX
[10:38] {RonS} oil sliding
[10:38] {nemo} that sucked Ron
[10:39] {RonS} ty very much
[10:39] {JoebiWan} i thought it was pretty slick
[10:39] {nemo} calling a shovel a shovel
[10:39] {nemo} better Padawan
[10:40] {nemo} can't use the word "spade" it's not PC
[10:40] {ese} yak yak yak.....yuk yukyuk...dak aka dak.....nice one joeb
[10:40] {nemo} forget ur meds today ese?
[10:41] {nemo} You know you go all off kilter when u forget ur estrogen
[10:41] {dptl} strange, restarted twice speed of internet is good,just logix is way to slow for some reason
[10:41] {ese} lol
[10:41] {nemo} do the ping test dp
[10:41] {RonS} and if does not work, try pong
[10:41] {ese} whats that nemo?
[10:42] {nemo} oh gawd
[10:42] {dptl} ping?
[10:42] {JoebiWan} lol
[10:42] {nemo} I guess Ron has no adult supervision today
[10:42] {ese} ya.....what kinda test is that
[10:42] {RonS} ya, get one of those clubs and bash the hell out of your computer...
01[10:42] {@Threei} lol
[10:43] {nemo} I'd shoot it, but I'm sure the pinko doesn't have a gun
01[10:50] {@Threei} dp, in server mesage console, there is a TTR number at the bottom
01[10:50] {@Threei} what does your say?
[10:51] {dptl} 82ms
[10:51] {dptl} 96now
01[10:52] {@Threei} not catastrophic but on a slowish side
[10:52] {dptl} 82now again
[10:52] {dptl} whats on yours?
01[10:53] {@Threei} 40-60
[10:54] {dptl} actually what is that?
01[10:54] {@Threei} how do I know
[10:58] {RonS} lol
01[10:58] {@Threei} Long Setup: VXX .25 break
01[10:58] {@Threei} If holds .15
01[11:00] {@Threei} 1:1
[11:00] {dptl} sigh ..missed that one
01[11:00] {@Threei} 1:2
01[11:05] {@Threei} anyone got it?
01[11:05] {@Threei} .27 was obtainable
[11:05] {dptl} got destracted with support here
[11:06] {dptl} nice one
[11:13] {dptl} nemo what is your TTR on logix?
[11:24] {nemo} 49
[11:24] {dptl} ok
[11:37] {RonS} safm chicken dance
[11:38] {nemo} turkey talking
[11:39] {RonS} bruised ego here... as sensitive as Les getting yelled at by his wife :)
[11:40] {nemo} that's probably the closest to sex Les gets
[11:41] {RonS} hey dino
[11:41] {dptl} do you like vlo long Vad?
[11:41] {nemo} look at XOP DP
01[11:41] {@Threei} only on pullback
01[11:42] {@Threei} nit ona break
[11:42] {dptl} ok
[11:42] {nemo} might play it short here actually
[11:44] {dptl} lol....ok running better now logix...apperantly i had to many charts open today. strange but it was ok before
01[11:44] {@Threei} how many?
[11:44] {dptl} 5 ch ...5 level 2s...5 t&sales
01[11:45] {@Threei} I run 4 L2s,
01[11:45] {@Threei} just 2 T&S
01[11:46] {@Threei} you don't need T&S but for a stock you actually trade
01[11:46] {@Threei} so SPY can do without\
01[11:46] {@Threei} also, for two stocks in trade I have both intraday and daily, but for SPY and third stock - intraday only
[11:46] {nemo} 4L2s
[11:46] {nemo} wow
01[11:46] {@Threei} all this helps cut on resource usage
[11:47] {nemo} Logix is a bit heavy on resources
01[11:47] {@Threei} java
01[11:47] {@Threei} it's hungry
[11:47] {nemo} yeah, java sucks
[11:47] {JoebiWan} agreed
[11:47] {nemo} Padawan...speak only when spoken to
01[11:48] {@Threei} still, I can run logix, browser with 10-12 tabs, scanner and e-mail client,
[11:48] {nemo} verdammter Deutscher
[11:48] {JoebiWan} take a nap
01[11:48] {@Threei} plus a few little programs here and there
[11:48] {nemo} already did
01[11:48] {@Threei} and even if I fire up photoshop with all that, computer doesn't complain
[11:48] {nemo} kleines Schlaefchen
[11:48] {JoebiWan} hast du gut geschlafen?
[11:48] {nemo} computers don't talk, Vad
[11:49] {dptl} so vlo?
01[11:49] {@Threei} nah, doesn't look right
[11:49] {nemo} nein. Ich bin seit Zwei Uhr aufgewachen
01[11:49] {@Threei} maybe yours doesn't nemo
[11:49] {dptl} yeah
[11:49] {nemo} oh oh
01[11:49] {@Threei} because you are impolite
01[11:49] {@Threei} mine greets me every morning
[11:49] {nemo} Fuck you, I'm not impolite
01[11:50] {@Threei} yeah, I take that back... you are embodiment of politness
[11:50] {nemo} damn straight
01[11:52] {@Threei} General Motors halts sales to Russian car dealers over ruble collapse
[11:56] {RonS} accept payment is buckwheat?
[11:56] {ese} make a great day all...hopefully see you tomorrow before i'm on a bus.....
[11:56] {RonS} cya ese
[11:56] {nemo} skip it, sleep in
[11:56] {nemo} relax til New Year
01[11:56] {@Threei} take care ese
[11:56] {nemo} maybe take 2015 off
[11:56] {RonS} oof
[11:56] {nemo} ;-)
[11:57] {RonS} got suckered...thought he was being nice...
01[11:57] {@Threei} nemo, take heart
01[11:57] {@Threei} man goies to nanaimo
[11:57] {nemo} ?
01[11:57] {@Threei} that's not for faint souls
01[11:57] {@Threei} bikers' capital of BC
[11:57] {nemo} yeah, but ese's the kinda' guy that can whistle through a minefield
[11:58] {nemo} no such luck
[11:59] {RonS} nanaimo named after nemo's grandmother?
[12:00] {nemo} my demon father
[12:00] {nemo} frickin' mortals
01[12:00] {@Threei} lol
[12:01] {nemo} indexes up oil and oilers down
[12:04] {nemo} mmmhhh, explorer will only stretch across three monitors
01[12:09] {@Threei} ugh
01[12:09] {@Threei} missed IWM 118
01[12:31] {@Threei} Long Setup: IWM .10 break
01[12:31] {@Threei} If holds 118
01[12:39] {@Threei} half out
[12:40] {nemo} spy dripping
[12:41] {pamsv} see you all..
01[12:41] {@Threei} take care pam
01[12:42] {@Threei} 1:1
01[12:45] {@Threei} 1:2
06[12:46] * @Threei slaps dptl around a bit with a large roll of cash
[12:46] {dptl} trailing to .19 ty
[12:49] {dptl} waiting at .39
[12:51] {dptl} to .24 stop
[12:53] {nemo} http://goo.gl/4keazE
[12:56] {JoebiWan} trail or take 1:3?
[12:56] {nemo} you're at new highs your choice
[12:57] {nemo} I'd put stop under .20
[12:57] {nemo} but look at spy, think it might come in if spy drops .30
[12:58] {nemo} see tail on that hammer, put stop under that
[12:58] {dptl} yep .24
[12:58] {JoebiWan} ty
[12:58] {nemo} just depends on whether you want to risk what you have left
01[13:02] {@Threei} what risk, house money
02[13:02] * Disconnected
Session Close: Thu Dec 18 13:02:23 2014
Session Start: Thu Dec 18 13:02:23 2014
Session Ident: #discussions
02[13:05] * Attempting to rejoin channel #discussions
03[13:05] * Rejoined channel #discussions
01[13:05] {Threei} 1:3
[13:05] {dptl} ty
01[13:05] {Threei} yw
[13:06] {nemo} 205.27 SPY Weekly R1
01[13:06] {Threei} so dp... tell me please
[13:06] {JoebiWan} ty vad
[13:06] {nemo} IWM likely to try for new highs
01[13:06] {Threei} calm, relaxed, non-aggressive approach, wothput pushing to find next and next and next trade right away
01[13:06] {Threei} yw jw
01[13:07] {Threei} how does it feel and hpw is it working?
[13:07] {nemo} passive aggressive new age pizdah
[13:08] {nemo} interesting...look how VXX moved up relative to spy IWM moves
[13:09] {dptl} yes much better Vad....just following your trades today.....once again magic logix....offer was sitting .39 but got filled at.40
[13:09] {nemo} IWM stronger than SPY
[13:10] {nemo} set your stop below .35 on IWM
[13:12] {dptl} plus i had to reduce my sizes for the next few days, so staying absolutely calm
02[13:25] * Disconnected
Session Close: Thu Dec 18 13:25:17 2014
Session Start: Thu Dec 18 13:25:17 2014
Session Ident: #discussions
02[13:28] * Attempting to rejoin channel #discussions
03[13:28] * Rejoined channel #discussions
01[13:28] {Threei} korean hackers?
[13:28] {dptl} .
[13:29] {dptl} oops
[13:32] {dptl} test
03[13:32] * Retrieving #discussions modes...
01[13:32] {@Threei} passed
[13:37] {dptl} is 24th going to be short day?
[13:39] {dptl} closing early i mean? or its a full day
[13:40] {RonS} doesn't matter...everyone goes home early
[13:40] {dptl} ok
[13:49] {dino} rcap drop
01[13:50] {@Threei} http://www.nasdaqtrader.com/Trader.aspx?id=Calendar
01[13:50] {@Threei} December 24, 2014 Early Close - U.S. 1:00 p.m.
[13:52] {dino} rcap l .74
[14:02] {RonS} 14:00 EST - RCS Capital(RCAP) is faring much worse than American Realty Capital (ARCP) in the wake of WSJ reporting a lawsuit has been filed that Nicholas Schorsch, which had chaired both before stepping down Monday
[14:03] {cosmo} ORCL posssible double top....
[14:04] {cosmo} fwiw
[14:05] {dino} out rcap .96, +.20
[14:09] {dino} fraud rumors on boards
01[14:12] {@Threei} Long Setup: VLO 46 break
01[14:12] {@Threei} If holds .90
[14:22] {nemo} wow a "sufi" exchange...that's hilarious
01[14:23] {@Threei} no go
[14:23] {dptl} out
[14:24] {nemo} wow, only saw 50 shares trade 46.01
[14:25] {nemo} spy inverted C&H
[14:25] {dptl} i notised that too, even though i got filled at .01, so never saw my shares there...wierd
01[14:36] {@Threei} rinse
[14:47] {JoebiWan} rig if pulls back under .70?
[14:47] {nemo} watch XOP
[14:49] {nemo} btw...hasn't been a single energy stock on the strong side of the algo today
[14:49] {nemo} all on the weak side
[14:51] {nemo} SPY ex div tonight
[14:52] {nemo} need to watch the futes next few days
[15:01] {dino} little oik bounce
[15:01] {dino} oil
[15:02] {nemo} with the shrinking volumes into january 6th market and oil likely to float up
[15:04] {dino} out asps from a.m., .60, +.25
[15:20] {nemo} XOP looks short, spy too
[15:21] {nemo} fas if it drops .10
01[15:21] {@Threei} hmmm
[15:21] {nemo} hurts doesn't it Vad?
01[15:21] {@Threei} Long Setup: IWM .50 break
01[15:21] {@Threei} .c .40
01[15:21] {@Threei} If holds .40
01[15:22] {@Threei} change to .40
01[15:23] {@Threei} If holds .35
01[15:26] {@Threei} meh
[15:26] {nemo} bitch of a market
01[15:26] {@Threei} oh god
[15:26] {nemo} oh what?
01[15:26] {@Threei} winning day all around, 5 cents stop and by comments you'
01[15:27] {@Threei} d think the world just ended
[15:27] {nemo} I don't think the world just ended
[15:27] {nemo} that's a slow process
01[15:27] {@Threei} that upsets you I gather
[15:27] {nemo} no, I like watching the suffering
01[15:28] {@Threei} ah... makes sense
[15:28] {nemo} duh
01[15:28] {@Threei} rinse
[15:28] {nemo} that's what I mean...you called the long, I'm seeing if it stays under .45 looks short, then jerks us both with 60 grit sandpaper
01[15:29] {@Threei} sheesh... it's a 5 cents stop
01[15:29] {@Threei} what sandpaper
[15:29] {nemo} tomorrow gonna' screw with people until they figur out SPY is ex div, then we do the Quad Witch churn, then we go into light holiday volume with a likely float up
01[15:29] {@Threei} you guys of big words don't get it
[15:29] {nemo} what big words
01[15:29] {@Threei} your words shape up your thoughts and by extension your actions
01[15:30] {@Threei} it's a 5 cents stop
01[15:30] {@Threei} it's not worth a mention
[15:30] {nemo} Yes, but it was still a rinse...short was a rinse long was a rinse
01[15:30] {@Threei} but no... "bitxch of the market," "sandpaper"...
01[15:30] {@Threei} your next trade will be a loser too
01[15:31] {@Threei} I will forget abput it in 3 seconds, and mine will be a winner
01[15:31] {@Threei} because our actions subcosciously seek to confirm pur words
01[15:31] {@Threei} our
[15:31] {nemo} I understand
[15:32] {nemo} but basically since noon it's been a wash
[15:32] {nemo} futes heading higher
01[15:32] {@Threei} ok, president set a record of action that doesn't act:
01[15:32] {@Threei} Obama will sign Russia sanctions bill without imposing new penalties
01[15:32] {@Threei} huh?
01[15:32] {@Threei} lol
[15:33] {nemo} it was like the climate accord he signed with China a few weeks ago, all sizzle no steak
01[15:34] {@Threei} yerah but how do you even word a bill on new sanctions without new sanctions?
[15:34] {nemo} art of politics
01[15:39] {@Threei} Short Setup: CAT .40 break
01[15:40] {@Threei} If holds .45
01[15:40] {@Threei} Invalidated
01[15:51] {@Threei} thank you all, have a good evening
01[15:51] {@Threei} see you tomorrow
[15:51] {dptl} gn all
Wednesday, December 17, 2014
Dec 17 2014
Very nice trading session once again, even though it was FOMC day. Handled it just right
[08:58] {dino} gm 3i
01[08:59] {@Threei} morning dino
[09:04] {JoebiWan} gm
01[09:05] {@Threei} jw :)
[09:05] {dptl} gm
01[09:07] {@Threei} dp :)
[09:14] {RonS} hi guys
01[09:14] {@Threei} ron :)
01[09:16] {@Threei} EU voted against tagging Canadian oil "dirty"
01[09:30] {@Threei} Upside:
01[09:30] {@Threei} -ASPX +82% (positive topline results from Phase 3 trial of SD-809 in Huntington's disease)
01[09:30] {@Threei} -VOLC +55% (agrees to acquisition by Philips for $18/shr)
01[09:30] {@Threei} -DRIV +49% (amended distribution agreement with MSFT; go-shop period with Siris Capital ended)
01[09:30] {@Threei} -CERS +19% (FDA approved first pathogen reduction system to treat plasma)
01[09:30] {@Threei} -APP +16% (named Paula Schneider CEO, terminated Dov Charney)
01[09:30] {@Threei} -ICLD +13.3% (backlog of over $32M)
01[09:30] {@Threei} Downside:
01[09:30] {@Threei} -POZN -13% (received response letter with additional questions preventing the NDA approval for YOSPRALA81/40 and 325/40)
01[09:30] {@Threei} -FDX -3.6% (earnings)
01[09:30] {@Threei} -DEO -2.3% (Thanksgiving sales disappointing)
01[09:32] {@Threei} Long Setup: FB .40 break
01[09:33] {@Threei} If holds .30
01[09:34] {@Threei} change to .35
01[09:34] {@Threei} If holds .25
01[09:35] {@Threei} 1:1
01[09:37] {@Threei} .50 break should catapult it
01[09:37] {@Threei} 1:2
01[09:39] {@Threei} closed
[09:43] {dino} c sm s .48
01[09:46] {@Threei} Long Setup: VXX .30 break
01[09:46] {@Threei} If holds .20
01[09:47] {@Threei} no go
01[09:50] {@Threei} Short Setup: TWTR .75 break
01[09:50] {@Threei} If holds .85
01[09:51] {@Threei} ugh
01[09:57] {@Threei} Short Setup: TWTR .80 break
01[09:57] {@Threei} If holds .90
01[09:59] {@Threei} 1:1
01[10:01] {@Threei} 1:2
01[10:02] {@Threei} closed
[10:02] {dptl} ty
01[10:02] {@Threei} yw
01[10:08] {@Threei} Long Setup: FB .90 break
01[10:08] {@Threei} If holds .80
01[10:09] {@Threei} 1:1
[10:10] {dino} vc stop
[10:12] {RonS} vc? the message said c fwiw
[10:13] {dino} typo, was supposed to be vc
[10:13] {nemo} Viet Cong?
[10:14] {nemo} Crude @10:30
[10:14] {RonS} u warning us of an unseemly comment?
[10:15] {nemo} where's ese, need a rim shot
01[10:15] {@Threei} lol
[10:17] {nemo} LVS
[10:17] {nemo} EXPE
[10:20] {dptl} luv .50 break short if holds .60
[10:27] {dptl} invalidated
01[10:29] {@Threei} Long Setup: VLO .60 break
01[10:29] {@Threei} If holds .50
[10:29] {nemo} oil numbers
01[10:30] {@Threei} *(US) CRUDE: -0.85M V -2ME, GASOLINE: M V +2ME, DISTILLATE: M V +1ME
01[10:30] {@Threei} Invalidated
[10:30] {nemo} vlo looks like spy
[10:42] {cosmo} I think drillers might likely bottom before oil itself.... i think
[10:43] {nemo} depends on their debt level
[10:44] {nemo} if oil keeps going lower, less drilling. If a driller is overextended debt wise and can't service it....oops
[10:44] {nemo} minor detail
[10:44] {cosmo} lots of sub-prime junk there too
[10:44] {nemo} Russia in it's entirety
[10:44] {cosmo} esp for frackers
[10:45] {nemo} there's no economy there...just an resource exporting oligarchy
[10:45] {cosmo} yea...oops
[10:45] {nemo} can you say "1998"
[10:51] {cosmo} it was a good year to trade...
[10:52] {nemo} bad year for markets when Russia defaulted...may be repeating that if oil goes much lower
[10:54] {cosmo} that's up to Saudi, no?
[10:55] {cosmo} has been so far...
[10:56] {cosmo} they didn't cut production as usual
01[10:56] {@Threei} good for them
[10:56] {cosmo} as they usually do i mean
01[10:56] {@Threei} they see that this time IS different
[10:57] {cosmo} yep
01[10:57] {@Threei} sell your oil while there is a byter
[10:57] {cosmo} well put
01[10:58] {@Threei} ok... buyer :)
01[11:03] {@Threei} Short Setup: TWTR .70 break
01[11:03] {@Threei} If holds .80
[11:05] {RonS} mcd news?
01[11:05] {@Threei} MCD Pershing's Ackman: Cannot comment on rumors about a stake in MCD
[11:06] {RonS} saw that...that's news? sheesh
01[11:06] {@Threei} well, MCD went up sharply yesterday on rumor of a stake by major investor
01[11:07] {@Threei} so this one plays out against that background
01[11:07] {@Threei} [HLF] Claims Formula 1 Nutritional Shake Wins Product of the Year Award in Russia - Claims was honored with the Product of the Year award for its Formula 1 Nutritional shake in the category of Efficient Weight Management Nutrition at a recent ceremony in Moscow, Russia.
[11:08] {RonS} vodka infused?
01[11:08] {@Threei} with Putin's torso on a label
[11:09] {RonS} lol
[11:09] {RonS} agio spike
[11:12] {dptl} hal watching for .60 break long
01[11:15] {@Threei} 1:1
[11:17] {dptl} hal invalidated
[11:23] {RonS} someone likes gramma
[11:28] {dptl} long hal on pullback here
[11:28] {dptl} .54 stop
[11:29] {dptl} nope out
[11:34] {RonS} lol... Obama to name Cosmo Kramer ambassador to Cuba? Find out at noon!
01[11:34] {@Threei} he surely liked those cigars
[11:36] {RonS} …and a woman is only a woman, but a good cigar is a Smoke.
[11:39] {RonS} +1353 tick...very unusual for a fed day
01[11:40] {@Threei} Short Setup: TWTR .60 break
01[11:40] {@Threei} If holds .70
[11:45] {nemo} XOP up almost 8%
[11:49] {dptl} bhp 46 break short
[11:54] {dptl} ok its about time twtr
01[11:54] {@Threei} US equity indices are shooting higher this morning and European markets have regained losses to close at their highs. Crude prices are up on the session and the Russians seemed to have arrested the plunge in the ruble for the moment. Now all eyes are on the Fed decision later today.
01[11:55] {@Threei} Attention shifts from Russia and crude today over to the Fed decision and Chair Yellen's post-decision press conference. Many analysts think today will be the day the Fed drops the considerable time language from its policy statement. And even if it does not, it will likely indicate the key phrase is on its way out by introducing an alternative.
01[11:56] {@Threei} The ruble has regained some strength this morning after two days of nightmarish moves. USD/RUB has declined to around 60 after topping out yesterday at 78.60 on reports that the Russian government and the Russian Central Bank have worked out a strategy for girding the currency, although it remains unclear exactly what Moscow is planning.
[11:59] {dptl} held .70...3 times noe
[11:59] {dptl} now
[12:07] {dptl} you still in Vad right?
01[12:08] {@Threei} yes
01[12:08] {@Threei} falling asleep though
[12:09] {dptl} damn it....out
01[12:09] {@Threei} nah, out
01[12:09] {@Threei} jeez
01[12:09] {@Threei} dp...
01[12:09] {@Threei} it's just a stop... in the middle of another good day
01[12:10] {@Threei} after two very strong days in a row
[12:10] {dptl} i am not having good day again today
01[12:10] {@Threei} you have some kind of "set frustration mode upon awakening"
01[12:11] {@Threei} well, then this is what you better focus ohn - why on earth are you not having good day when calls are profitable
01[12:11] {@Threei} what about yesterday?
01[12:11] {@Threei} how in the world can you not be in plus with today's calls?
[12:12] {dptl} was up yesturday....today 2 twtr stops one twtr flat, 2fb flat,2 bhp stops
01[12:13] {@Threei} want to compare that with calls?
01[12:13] {@Threei} try and figure out why the difference?
01[12:13] {@Threei} did you not swear stop trying taking your own calls until you sort this out?}
[12:14] {dptl} well thats it stop even looking now.
01[12:15] {@Threei} 09:57] {@Threei} Short Setup: TWTR .80 break
01[12:15] {@Threei} [09:57] {@Threei} If holds .90
01[12:15] {@Threei} [09:59] {@Threei} 1:1
01[12:15] {@Threei} [10:01] {@Threei} 1:2
01[12:15] {@Threei} [12:12] {dptl} .today 2 twtr stops one twtr flat
01[12:15] {@Threei} explain this to me??
01[12:16] {@Threei} [11:03] {@Threei} Short Setup: TWTR .70 break
01[12:16] {@Threei} [11:03] {@Threei} If holds .80
01[12:16] {@Threei} [11:15] {@Threei} 1:1
[12:16] {dptl} acualy, yes that one i got, but scrude up a bit on exit so realy got 1:1 on whole
01[12:16] {@Threei} shrug
[12:16] {dptl} that one was really flat to me, i got that one
01[12:17] {@Threei} let's talk about FB? I have 1:2
01[12:17] {@Threei} you: 2fb fla
01[12:17] {@Threei} flat
01[12:17] {@Threei} why don't you focus on this?
[12:17] {dptl} fb i really scrude up and got out flat
01[12:17] {@Threei} stop this self-destruction mode
01[12:18] {@Threei} I feel like I am hitting the wall with my forehead day after day, watching your constantly expressed frustration
01[12:19] {@Threei} promises to do this and not to do that, broken the very next day
[12:21] {dptl} i even lowered my sizes to redicuolas point and still stragle...yes...i guess i am pushing to much again...damn....i am gonna try to come down, and concentrate on your calls now only
[12:31] {dptl} Vad, how many charts total do you have on your screen at the same time?
01[12:32] {@Threei} 3 stocks and SPY
[12:32] {dptl} ok, and most of the time these 3 stocks , wich ones,?
01[12:33] {@Threei} ??
01[12:33] {@Threei} they change
01[12:33] {@Threei} it's not the same three stocks
[12:33] {dptl} i see
[12:34] {dptl} do you still use inteliscan?
01[12:34] {@Threei} yes
[12:37] {JoebiWan} do you like sdrl .40 break?
01[12:42] {@Threei} not surte
01[12:45] {@Threei} now probably better
01[12:45] {@Threei} but we are nearing FOMC time
[12:45] {JoebiWan} ill just watch then
[12:46] {dptl} its at 1400 est? right? fomc
01[12:46] {@Threei} yes
[12:53] {JoebiWan} well 1:1 on paper
[12:54] {dptl} yeah...we'll bill fed for that lol
01[13:03] {@Threei} You don't bill Fed. Fed bills you.
[13:04] {RonS} if true, they need to ship me some... $100 bills...
01[13:05] {@Threei} "cheque in the mail"
[13:27] {nemo} see I haven't missed anything
02[13:31] * Disconnected
Session Close: Wed Dec 17 13:31:36 2014
Session Start: Wed Dec 17 13:31:36 2014
Session Ident: #discussions
02[13:35] * Attempting to rejoin channel #discussions
03[13:35] * Rejoined channel #discussions
03[13:35] * Retrieving #discussions modes...
01[13:41] {@Threei} nemo, do you have swans in your vicinity?
[13:42] {RonS} probaly only Canadian geese...freelaoders
[13:42] {RonS} loaders
01[13:42] {@Threei} lol
01[13:43] {@Threei} just wanted to share a shot from couple days ago: https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/762250817187769/?type=1
[13:44] {cosmo} safe!!
[13:44] {RonS} that dude is struting his stuff...
01[13:44] {@Threei} cosmo... you OK?
[13:44] {cosmo} baseball call...
01[13:44] {@Threei} ah... this stuff is lost on me...
[13:45] {cosmo} sorry
[13:45] {cosmo} :)
01[13:45] {@Threei} no, I am sorry
01[13:45] {@Threei} and swan, I am sure, is sorry
[13:45] {RonS} the ump swing his arms out like that signaling "safe"
01[13:45] {@Threei} it's a canadian swan, so he is sorry
[13:46] {RonS} but honestly i didn't get it either
[13:46] {cosmo} gotta go to some game 3i
[13:46] {RonS} lol
[13:46] {cosmo} you too Ron
01[13:46] {@Threei} why, I can sleep at home much more comfortably
[13:46] {RonS} rotflol
[13:46] {cosmo} safer too
01[13:47] {@Threei} something about this game that I fundamentally don't get
[13:47] {nemo} http://goo.gl/ldOjw7
[13:47] {nemo} I'm impressed
01[13:47] {@Threei} unavailable, nemo
[13:47] {cosmo} its a profound bore.... i know
[13:48] {nemo} too bad...it's a video of a tortoise coming upon an upside down fellow tortoise, and he turns him over
[13:48] {RonS} when played as a kid i didn't get it either...but now... it's the strategy
[13:49] {RonS} what's that Billie Bean book? would give an intertaining insight to the game
[13:53] {RonS} http://en.wikipedia.org/wiki/Moneyball
01[13:53] {@Threei} let's be careful after the announcem,ent
01[13:54] {@Threei} it's not the rate itself that important, that's a given
[13:54] {nemo} yeah, we'll get the Fed cha cha cha, enter on the third "cha"
01[13:54] {@Threei} impiortant part is the "considerable time" part,
01[13:54] {@Threei} how it's worded, whether it's changed, what replaces it
[13:54] {nemo} and hoping they spell better than you do
01[13:55] {@Threei} and it might take a few min to parse out
[13:55] {JoebiWan} where are you getting your info?
[13:55] {dino} down, up, down
[13:55] {nemo} twitter, news feeds
01[13:55] {@Threei} doesn't matter jw
01[13:55] {@Threei} you won't be faster than the rest of the world in any case
[13:55] {nemo} you tend to get an initial, secondary, and then third is the direction
01[13:56] {@Threei} wait it out, let the market make up its mind
[13:56] {nemo} Yes, I've decided to drink while I wait
[13:56] {nemo} futures liquidity dropping through the floor
01[13:56] {@Threei} otherwise risk ofbeing whipsawed is not even riskm practically certainty
[13:56] {dino} vxx hl l .01
[13:56] {nemo} figures
[13:56] {nemo} always one in the crowd
01[13:56] {@Threei} [13:56] {nemo} Yes, I've decided to drink while... {--- insert anything
[13:57] {nemo} huuie
[13:57] {dino} its the cc9 trade
01[13:57] {@Threei} lol
[13:57] {nemo} actually, reasonable with a wide stop
[13:57] {nemo} about the width of a septugenarian prostitutes ______________
[13:58] {dino} lol
[13:58] {nemo} dino strikes me as a Clark Kent type
[13:59] {dino} i'm your superman
[13:59] {nemo} reasonable response
[13:59] {dino} either that or huckleberry
[13:59] {nemo} reminds me of the superman, wonderwoman, invisible man joke
[14:00] {nemo} o.k. Lunger
[14:00] {dino} bingo
[14:00] {dino} vxx top .66
01[14:00] {@Threei} (US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: CAN BE PATIENT ABOUT RAISING RATES; DROPPING CONSIDERABLE TIME LANGUAGE
[14:00] {dino} 100 pt spike
[14:01] {dino} starting to feel rates on hold for longer than expected with world economies going through deflation
01[14:01] {@Threei} with oil, probably
01[14:02] {@Threei} and gotta absorb the shock of russian defaults
[14:03] {dino} venezuela too, plus others
[14:04] {dino} vxx l .26
[14:04] {dino} no go, gapping trades
[14:06] {dino} l .09
[14:10] {dino} out vxx .29, +.20
[14:10] {nemo} a lot of work for .20
[14:10] {dino} yeah, not moving the way it usually does after announcement
[14:10] {nemo} confusion out there
[14:11] {dino} here too
[14:11] {nemo} perish the thought
[14:11] {dino} lol
[14:11] {nemo} iwm gap at 116.20 fill
[14:12] {nemo} Ever see the movie Ffolkes?
[14:12] {dino} no
[14:13] {nemo} should...parts are pretty funny
[14:13] {nemo} http://goo.gl/2RZVke
[14:17] {nemo} VXX
[14:18] {nemo} looks long
01[14:18] {@Threei} Long Setup: VXX .20 break
01[14:19] {@Threei} If holds .10
[14:19] {nemo} SPY might make another assualty on 202
01[14:19] {@Threei} stop might be a bit too tight but...
01[14:20] {@Threei} 1:1
[14:20] {nemo} with this volatility...so what
01[14:20] {@Threei} 1:2
01[14:20] {@Threei} 1:3
06[14:20] * @Threei slaps dptl around a bit with a large roll of cash
[14:21] {nemo} YW
[14:21] {dptl} out ty
01[14:21] {@Threei} sure thing
01[14:22] {@Threei} (insert dude image)
[14:22] {nemo} stop under .30
[14:22] {dptl} missed .50 exit , so last piece got out .38, after taking 1:2 part out
[14:23] {nemo} why exit
[14:23] {dino} out vxx .51, +.30 ty vad
01[14:23] {@Threei} :)
[14:31] {dino} vxx l .76
[14:34] {pamsv} cheers guys - catch you tmrw
[14:34] {nemo} a bloody Brit}
[14:34] {nemo} ?
[14:35] {dino} stop -.15
[14:54] {nemo} volatility nuts...spy average 1 minute bar change .24 cents
01[15:00] {@Threei} yeah
01[15:00] {@Threei} waiting for the sure shot
[15:01] {nemo} that was it, spy couldn't recover 201
[15:01] {nemo} hit the R1 and shit the bed
[15:03] {nemo} no algo activity, this is futures
01[15:09] {@Threei} If you have an erection lasting longer than 4 hours, see a doctor" or turn on a Janet Yellen Fed press conference
01[15:09] {@Threei} lol
[15:10] {JoebiWan} vad, rig .90 break?
01[15:11] {@Threei} USO is so weak...
[15:11] {nemo} look @XOP
01[15:11] {@Threei} wouldn't risk RIG here
[15:11] {JoebiWan} ty
[15:12] {nemo} watch XOP if ur playing rig
01[15:12] {@Threei} maybe under .80 if it pulls back
[15:12] {nemo} 46.70-.80 in XOP important
[15:13] {nemo} price resistance @ 47
01[15:27] {@Threei} Short Setup: USO .25 break
[15:27] {JoebiWan} xop through 47 nemo
01[15:32] {@Threei} Invalidated
[15:33] {nemo} what volatility, average spy 1 min bar change .26
[15:35] {dino} odd xop and oih up w/oil about flat
[15:36] {nemo} not really people picking at value of companies over commodity
[15:36] {nemo} look at the dailies in Oil service stocks
[15:36] {dino} makes sense
[15:37] {nemo} rare for me
[15:40] {nemo} I think OP EX max pain spy is 203
[15:42] {nemo} 31.25 bottom in VXX
[15:44] {nemo} holy shit...dropped .10 in a telport
[15:45] {nemo} .36 battle
01[15:47] {@Threei} thank you all, have a good evening
01[15:47] {@Threei} see you tomorrow
[15:48] {dptl} gn all
[15:48] {JoebiWan} thx all cya
[15:49] {dino} gn all
[15:51] {cosmo} so are oil services stocks oversold?
01[15:51] {@Threei} what's "oversold"...
[15:51] {cosmo} relative to oil
01[15:52] {@Threei} oversold gets oversolder, then oversoldest... and then sells some more
[15:52] {cosmo} understand
[08:58] {dino} gm 3i
01[08:59] {@Threei} morning dino
[09:04] {JoebiWan} gm
01[09:05] {@Threei} jw :)
[09:05] {dptl} gm
01[09:07] {@Threei} dp :)
[09:14] {RonS} hi guys
01[09:14] {@Threei} ron :)
01[09:16] {@Threei} EU voted against tagging Canadian oil "dirty"
01[09:30] {@Threei} Upside:
01[09:30] {@Threei} -ASPX +82% (positive topline results from Phase 3 trial of SD-809 in Huntington's disease)
01[09:30] {@Threei} -VOLC +55% (agrees to acquisition by Philips for $18/shr)
01[09:30] {@Threei} -DRIV +49% (amended distribution agreement with MSFT; go-shop period with Siris Capital ended)
01[09:30] {@Threei} -CERS +19% (FDA approved first pathogen reduction system to treat plasma)
01[09:30] {@Threei} -APP +16% (named Paula Schneider CEO, terminated Dov Charney)
01[09:30] {@Threei} -ICLD +13.3% (backlog of over $32M)
01[09:30] {@Threei} Downside:
01[09:30] {@Threei} -POZN -13% (received response letter with additional questions preventing the NDA approval for YOSPRALA81/40 and 325/40)
01[09:30] {@Threei} -FDX -3.6% (earnings)
01[09:30] {@Threei} -DEO -2.3% (Thanksgiving sales disappointing)
01[09:32] {@Threei} Long Setup: FB .40 break
01[09:33] {@Threei} If holds .30
01[09:34] {@Threei} change to .35
01[09:34] {@Threei} If holds .25
01[09:35] {@Threei} 1:1
01[09:37] {@Threei} .50 break should catapult it
01[09:37] {@Threei} 1:2
01[09:39] {@Threei} closed
[09:43] {dino} c sm s .48
01[09:46] {@Threei} Long Setup: VXX .30 break
01[09:46] {@Threei} If holds .20
01[09:47] {@Threei} no go
01[09:50] {@Threei} Short Setup: TWTR .75 break
01[09:50] {@Threei} If holds .85
01[09:51] {@Threei} ugh
01[09:57] {@Threei} Short Setup: TWTR .80 break
01[09:57] {@Threei} If holds .90
01[09:59] {@Threei} 1:1
01[10:01] {@Threei} 1:2
01[10:02] {@Threei} closed
[10:02] {dptl} ty
01[10:02] {@Threei} yw
01[10:08] {@Threei} Long Setup: FB .90 break
01[10:08] {@Threei} If holds .80
01[10:09] {@Threei} 1:1
[10:10] {dino} vc stop
[10:12] {RonS} vc? the message said c fwiw
[10:13] {dino} typo, was supposed to be vc
[10:13] {nemo} Viet Cong?
[10:14] {nemo} Crude @10:30
[10:14] {RonS} u warning us of an unseemly comment?
[10:15] {nemo} where's ese, need a rim shot
01[10:15] {@Threei} lol
[10:17] {nemo} LVS
[10:17] {nemo} EXPE
[10:20] {dptl} luv .50 break short if holds .60
[10:27] {dptl} invalidated
01[10:29] {@Threei} Long Setup: VLO .60 break
01[10:29] {@Threei} If holds .50
[10:29] {nemo} oil numbers
01[10:30] {@Threei} *(US) CRUDE: -0.85M V -2ME, GASOLINE: M V +2ME, DISTILLATE: M V +1ME
01[10:30] {@Threei} Invalidated
[10:30] {nemo} vlo looks like spy
[10:42] {cosmo} I think drillers might likely bottom before oil itself.... i think
[10:43] {nemo} depends on their debt level
[10:44] {nemo} if oil keeps going lower, less drilling. If a driller is overextended debt wise and can't service it....oops
[10:44] {nemo} minor detail
[10:44] {cosmo} lots of sub-prime junk there too
[10:44] {nemo} Russia in it's entirety
[10:44] {cosmo} esp for frackers
[10:45] {nemo} there's no economy there...just an resource exporting oligarchy
[10:45] {cosmo} yea...oops
[10:45] {nemo} can you say "1998"
[10:51] {cosmo} it was a good year to trade...
[10:52] {nemo} bad year for markets when Russia defaulted...may be repeating that if oil goes much lower
[10:54] {cosmo} that's up to Saudi, no?
[10:55] {cosmo} has been so far...
[10:56] {cosmo} they didn't cut production as usual
01[10:56] {@Threei} good for them
[10:56] {cosmo} as they usually do i mean
01[10:56] {@Threei} they see that this time IS different
[10:57] {cosmo} yep
01[10:57] {@Threei} sell your oil while there is a byter
[10:57] {cosmo} well put
01[10:58] {@Threei} ok... buyer :)
01[11:03] {@Threei} Short Setup: TWTR .70 break
01[11:03] {@Threei} If holds .80
[11:05] {RonS} mcd news?
01[11:05] {@Threei} MCD Pershing's Ackman: Cannot comment on rumors about a stake in MCD
[11:06] {RonS} saw that...that's news? sheesh
01[11:06] {@Threei} well, MCD went up sharply yesterday on rumor of a stake by major investor
01[11:07] {@Threei} so this one plays out against that background
01[11:07] {@Threei} [HLF] Claims Formula 1 Nutritional Shake Wins Product of the Year Award in Russia - Claims was honored with the Product of the Year award for its Formula 1 Nutritional shake in the category of Efficient Weight Management Nutrition at a recent ceremony in Moscow, Russia.
[11:08] {RonS} vodka infused?
01[11:08] {@Threei} with Putin's torso on a label
[11:09] {RonS} lol
[11:09] {RonS} agio spike
[11:12] {dptl} hal watching for .60 break long
01[11:15] {@Threei} 1:1
[11:17] {dptl} hal invalidated
[11:23] {RonS} someone likes gramma
[11:28] {dptl} long hal on pullback here
[11:28] {dptl} .54 stop
[11:29] {dptl} nope out
[11:34] {RonS} lol... Obama to name Cosmo Kramer ambassador to Cuba? Find out at noon!
01[11:34] {@Threei} he surely liked those cigars
[11:36] {RonS} …and a woman is only a woman, but a good cigar is a Smoke.
[11:39] {RonS} +1353 tick...very unusual for a fed day
01[11:40] {@Threei} Short Setup: TWTR .60 break
01[11:40] {@Threei} If holds .70
[11:45] {nemo} XOP up almost 8%
[11:49] {dptl} bhp 46 break short
[11:54] {dptl} ok its about time twtr
01[11:54] {@Threei} US equity indices are shooting higher this morning and European markets have regained losses to close at their highs. Crude prices are up on the session and the Russians seemed to have arrested the plunge in the ruble for the moment. Now all eyes are on the Fed decision later today.
01[11:55] {@Threei} Attention shifts from Russia and crude today over to the Fed decision and Chair Yellen's post-decision press conference. Many analysts think today will be the day the Fed drops the considerable time language from its policy statement. And even if it does not, it will likely indicate the key phrase is on its way out by introducing an alternative.
01[11:56] {@Threei} The ruble has regained some strength this morning after two days of nightmarish moves. USD/RUB has declined to around 60 after topping out yesterday at 78.60 on reports that the Russian government and the Russian Central Bank have worked out a strategy for girding the currency, although it remains unclear exactly what Moscow is planning.
[11:59] {dptl} held .70...3 times noe
[11:59] {dptl} now
[12:07] {dptl} you still in Vad right?
01[12:08] {@Threei} yes
01[12:08] {@Threei} falling asleep though
[12:09] {dptl} damn it....out
01[12:09] {@Threei} nah, out
01[12:09] {@Threei} jeez
01[12:09] {@Threei} dp...
01[12:09] {@Threei} it's just a stop... in the middle of another good day
01[12:10] {@Threei} after two very strong days in a row
[12:10] {dptl} i am not having good day again today
01[12:10] {@Threei} you have some kind of "set frustration mode upon awakening"
01[12:11] {@Threei} well, then this is what you better focus ohn - why on earth are you not having good day when calls are profitable
01[12:11] {@Threei} what about yesterday?
01[12:11] {@Threei} how in the world can you not be in plus with today's calls?
[12:12] {dptl} was up yesturday....today 2 twtr stops one twtr flat, 2fb flat,2 bhp stops
01[12:13] {@Threei} want to compare that with calls?
01[12:13] {@Threei} try and figure out why the difference?
01[12:13] {@Threei} did you not swear stop trying taking your own calls until you sort this out?}
[12:14] {dptl} well thats it stop even looking now.
01[12:15] {@Threei} 09:57] {@Threei} Short Setup: TWTR .80 break
01[12:15] {@Threei} [09:57] {@Threei} If holds .90
01[12:15] {@Threei} [09:59] {@Threei} 1:1
01[12:15] {@Threei} [10:01] {@Threei} 1:2
01[12:15] {@Threei} [12:12] {dptl} .today 2 twtr stops one twtr flat
01[12:15] {@Threei} explain this to me??
01[12:16] {@Threei} [11:03] {@Threei} Short Setup: TWTR .70 break
01[12:16] {@Threei} [11:03] {@Threei} If holds .80
01[12:16] {@Threei} [11:15] {@Threei} 1:1
[12:16] {dptl} acualy, yes that one i got, but scrude up a bit on exit so realy got 1:1 on whole
01[12:16] {@Threei} shrug
[12:16] {dptl} that one was really flat to me, i got that one
01[12:17] {@Threei} let's talk about FB? I have 1:2
01[12:17] {@Threei} you: 2fb fla
01[12:17] {@Threei} flat
01[12:17] {@Threei} why don't you focus on this?
[12:17] {dptl} fb i really scrude up and got out flat
01[12:17] {@Threei} stop this self-destruction mode
01[12:18] {@Threei} I feel like I am hitting the wall with my forehead day after day, watching your constantly expressed frustration
01[12:19] {@Threei} promises to do this and not to do that, broken the very next day
[12:21] {dptl} i even lowered my sizes to redicuolas point and still stragle...yes...i guess i am pushing to much again...damn....i am gonna try to come down, and concentrate on your calls now only
[12:31] {dptl} Vad, how many charts total do you have on your screen at the same time?
01[12:32] {@Threei} 3 stocks and SPY
[12:32] {dptl} ok, and most of the time these 3 stocks , wich ones,?
01[12:33] {@Threei} ??
01[12:33] {@Threei} they change
01[12:33] {@Threei} it's not the same three stocks
[12:33] {dptl} i see
[12:34] {dptl} do you still use inteliscan?
01[12:34] {@Threei} yes
[12:37] {JoebiWan} do you like sdrl .40 break?
01[12:42] {@Threei} not surte
01[12:45] {@Threei} now probably better
01[12:45] {@Threei} but we are nearing FOMC time
[12:45] {JoebiWan} ill just watch then
[12:46] {dptl} its at 1400 est? right? fomc
01[12:46] {@Threei} yes
[12:53] {JoebiWan} well 1:1 on paper
[12:54] {dptl} yeah...we'll bill fed for that lol
01[13:03] {@Threei} You don't bill Fed. Fed bills you.
[13:04] {RonS} if true, they need to ship me some... $100 bills...
01[13:05] {@Threei} "cheque in the mail"
[13:27] {nemo} see I haven't missed anything
02[13:31] * Disconnected
Session Close: Wed Dec 17 13:31:36 2014
Session Start: Wed Dec 17 13:31:36 2014
Session Ident: #discussions
02[13:35] * Attempting to rejoin channel #discussions
03[13:35] * Rejoined channel #discussions
03[13:35] * Retrieving #discussions modes...
01[13:41] {@Threei} nemo, do you have swans in your vicinity?
[13:42] {RonS} probaly only Canadian geese...freelaoders
[13:42] {RonS} loaders
01[13:42] {@Threei} lol
01[13:43] {@Threei} just wanted to share a shot from couple days ago: https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/762250817187769/?type=1
[13:44] {cosmo} safe!!
[13:44] {RonS} that dude is struting his stuff...
01[13:44] {@Threei} cosmo... you OK?
[13:44] {cosmo} baseball call...
01[13:44] {@Threei} ah... this stuff is lost on me...
[13:45] {cosmo} sorry
[13:45] {cosmo} :)
01[13:45] {@Threei} no, I am sorry
01[13:45] {@Threei} and swan, I am sure, is sorry
[13:45] {RonS} the ump swing his arms out like that signaling "safe"
01[13:45] {@Threei} it's a canadian swan, so he is sorry
[13:46] {RonS} but honestly i didn't get it either
[13:46] {cosmo} gotta go to some game 3i
[13:46] {RonS} lol
[13:46] {cosmo} you too Ron
01[13:46] {@Threei} why, I can sleep at home much more comfortably
[13:46] {RonS} rotflol
[13:46] {cosmo} safer too
01[13:47] {@Threei} something about this game that I fundamentally don't get
[13:47] {nemo} http://goo.gl/ldOjw7
[13:47] {nemo} I'm impressed
01[13:47] {@Threei} unavailable, nemo
[13:47] {cosmo} its a profound bore.... i know
[13:48] {nemo} too bad...it's a video of a tortoise coming upon an upside down fellow tortoise, and he turns him over
[13:48] {RonS} when played as a kid i didn't get it either...but now... it's the strategy
[13:49] {RonS} what's that Billie Bean book? would give an intertaining insight to the game
[13:53] {RonS} http://en.wikipedia.org/wiki/Moneyball
01[13:53] {@Threei} let's be careful after the announcem,ent
01[13:54] {@Threei} it's not the rate itself that important, that's a given
[13:54] {nemo} yeah, we'll get the Fed cha cha cha, enter on the third "cha"
01[13:54] {@Threei} impiortant part is the "considerable time" part,
01[13:54] {@Threei} how it's worded, whether it's changed, what replaces it
[13:54] {nemo} and hoping they spell better than you do
01[13:55] {@Threei} and it might take a few min to parse out
[13:55] {JoebiWan} where are you getting your info?
[13:55] {dino} down, up, down
[13:55] {nemo} twitter, news feeds
01[13:55] {@Threei} doesn't matter jw
01[13:55] {@Threei} you won't be faster than the rest of the world in any case
[13:55] {nemo} you tend to get an initial, secondary, and then third is the direction
01[13:56] {@Threei} wait it out, let the market make up its mind
[13:56] {nemo} Yes, I've decided to drink while I wait
[13:56] {nemo} futures liquidity dropping through the floor
01[13:56] {@Threei} otherwise risk ofbeing whipsawed is not even riskm practically certainty
[13:56] {dino} vxx hl l .01
[13:56] {nemo} figures
[13:56] {nemo} always one in the crowd
01[13:56] {@Threei} [13:56] {nemo} Yes, I've decided to drink while... {--- insert anything
[13:57] {nemo} huuie
[13:57] {dino} its the cc9 trade
01[13:57] {@Threei} lol
[13:57] {nemo} actually, reasonable with a wide stop
[13:57] {nemo} about the width of a septugenarian prostitutes ______________
[13:58] {dino} lol
[13:58] {nemo} dino strikes me as a Clark Kent type
[13:59] {dino} i'm your superman
[13:59] {nemo} reasonable response
[13:59] {dino} either that or huckleberry
[13:59] {nemo} reminds me of the superman, wonderwoman, invisible man joke
[14:00] {nemo} o.k. Lunger
[14:00] {dino} bingo
[14:00] {dino} vxx top .66
01[14:00] {@Threei} (US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: CAN BE PATIENT ABOUT RAISING RATES; DROPPING CONSIDERABLE TIME LANGUAGE
[14:00] {dino} 100 pt spike
[14:01] {dino} starting to feel rates on hold for longer than expected with world economies going through deflation
01[14:01] {@Threei} with oil, probably
01[14:02] {@Threei} and gotta absorb the shock of russian defaults
[14:03] {dino} venezuela too, plus others
[14:04] {dino} vxx l .26
[14:04] {dino} no go, gapping trades
[14:06] {dino} l .09
[14:10] {dino} out vxx .29, +.20
[14:10] {nemo} a lot of work for .20
[14:10] {dino} yeah, not moving the way it usually does after announcement
[14:10] {nemo} confusion out there
[14:11] {dino} here too
[14:11] {nemo} perish the thought
[14:11] {dino} lol
[14:11] {nemo} iwm gap at 116.20 fill
[14:12] {nemo} Ever see the movie Ffolkes?
[14:12] {dino} no
[14:13] {nemo} should...parts are pretty funny
[14:13] {nemo} http://goo.gl/2RZVke
[14:17] {nemo} VXX
[14:18] {nemo} looks long
01[14:18] {@Threei} Long Setup: VXX .20 break
01[14:19] {@Threei} If holds .10
[14:19] {nemo} SPY might make another assualty on 202
01[14:19] {@Threei} stop might be a bit too tight but...
01[14:20] {@Threei} 1:1
[14:20] {nemo} with this volatility...so what
01[14:20] {@Threei} 1:2
01[14:20] {@Threei} 1:3
06[14:20] * @Threei slaps dptl around a bit with a large roll of cash
[14:21] {nemo} YW
[14:21] {dptl} out ty
01[14:21] {@Threei} sure thing
01[14:22] {@Threei} (insert dude image)
[14:22] {nemo} stop under .30
[14:22] {dptl} missed .50 exit , so last piece got out .38, after taking 1:2 part out
[14:23] {nemo} why exit
[14:23] {dino} out vxx .51, +.30 ty vad
01[14:23] {@Threei} :)
[14:31] {dino} vxx l .76
[14:34] {pamsv} cheers guys - catch you tmrw
[14:34] {nemo} a bloody Brit}
[14:34] {nemo} ?
[14:35] {dino} stop -.15
[14:54] {nemo} volatility nuts...spy average 1 minute bar change .24 cents
01[15:00] {@Threei} yeah
01[15:00] {@Threei} waiting for the sure shot
[15:01] {nemo} that was it, spy couldn't recover 201
[15:01] {nemo} hit the R1 and shit the bed
[15:03] {nemo} no algo activity, this is futures
01[15:09] {@Threei} If you have an erection lasting longer than 4 hours, see a doctor" or turn on a Janet Yellen Fed press conference
01[15:09] {@Threei} lol
[15:10] {JoebiWan} vad, rig .90 break?
01[15:11] {@Threei} USO is so weak...
[15:11] {nemo} look @XOP
01[15:11] {@Threei} wouldn't risk RIG here
[15:11] {JoebiWan} ty
[15:12] {nemo} watch XOP if ur playing rig
01[15:12] {@Threei} maybe under .80 if it pulls back
[15:12] {nemo} 46.70-.80 in XOP important
[15:13] {nemo} price resistance @ 47
01[15:27] {@Threei} Short Setup: USO .25 break
[15:27] {JoebiWan} xop through 47 nemo
01[15:32] {@Threei} Invalidated
[15:33] {nemo} what volatility, average spy 1 min bar change .26
[15:35] {dino} odd xop and oih up w/oil about flat
[15:36] {nemo} not really people picking at value of companies over commodity
[15:36] {nemo} look at the dailies in Oil service stocks
[15:36] {dino} makes sense
[15:37] {nemo} rare for me
[15:40] {nemo} I think OP EX max pain spy is 203
[15:42] {nemo} 31.25 bottom in VXX
[15:44] {nemo} holy shit...dropped .10 in a telport
[15:45] {nemo} .36 battle
01[15:47] {@Threei} thank you all, have a good evening
01[15:47] {@Threei} see you tomorrow
[15:48] {dptl} gn all
[15:48] {JoebiWan} thx all cya
[15:49] {dino} gn all
[15:51] {cosmo} so are oil services stocks oversold?
01[15:51] {@Threei} what's "oversold"...
[15:51] {cosmo} relative to oil
01[15:52] {@Threei} oversold gets oversolder, then oversoldest... and then sells some more
[15:52] {cosmo} understand
Tuesday, December 16, 2014
Dec 16 2014
Very strong day again, with juicy 1:2 to 1:4 plays all over. Still no complaints about pre-FOMC days
Session Time: Tue Dec 16 00:00:00 2014
[09:02] {dptl} gm
01[09:03] {@Threei} dp :)
[09:19] {nemo} http://goo.gl/G1bftV
01[09:20] {@Threei} O’Neill was uninjured, the five intruders all suffered injuries and remain hospitalized,
01[09:20] {@Threei} lol
01[09:20] {@Threei} good for him
[09:20] {nemo} unfortunately the assholes will recover
[09:25] {JoebiWan} surprised they werent shot
01[09:25] {@Threei} I am too
[09:25] {nemo} Yeah...funny, I was having a self-defense discussion with my left wing German Professor friend last night...oy vay
01[09:25] {@Threei} I can only imagine
01[09:26] {@Threei} smile and don't offend, and no one will touch you
[09:26] {nemo} I was in Cambridge, MA no less
[09:26] {nemo} frickin' most concentrated bastion of leftists in the country
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -TLM +50% (Repsol buying company for $8/shr cash)
01[09:27] {@Threei} -SLXP +5.5% (initial FY15 guidance)
01[09:27] {@Threei} -FCEL +4% (earnings)
01[09:27] {@Threei} -SPWR +2.5% (positive broker commentary)
[09:27] {nemo} actually, if he dislocated their knees, they might not make a full recovery...tends to disrupt the blood supply to the lower leg
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -FRO -14% (entered private debt-for-stock exchange agreement)
01[09:28] {@Threei} -YNDX -8% (Russian rate hike & ruble devaluation; MBT, QIWI, VIP all also down between 4-8% on the news)
01[09:28] {@Threei} -EXAS -5% (selling 4M shares to Jefferies & Robert Baird)
01[09:28] {@Threei} -BLMN -3.1% (initial FY15 guidance)
01[09:28] {@Threei} -KO -1.2% (guided FY14 currency neutral EPS growth expected to be 4-6% currency headwind)
[09:29] {ese} gm for a few minutes......
[09:29] {nemo} jeez, almost right on queue
01[09:29] {@Threei} ese (insert smile for a few min)
[09:29] {ese} lol
01[09:32] {@Threei} Long Setup: JPM .25 break
01[09:33] {@Threei} If holds .15
01[09:34] {@Threei} nope
01[09:36] {@Threei} Long Setup: TWTR .50 break
01[09:36] {@Threei} If holds .40
01[09:37] {@Threei} Invalidated
01[09:38] {@Threei} valid again
01[09:38] {@Threei} invalidated again
01[09:39] {@Threei} Short Setup: FB 77 break hl
01[09:39] {@Threei} If holds .10
01[09:39] {@Threei} 1:1
[09:41] {JoebiWan} out fb ty
01[09:41] {@Threei} yw
01[09:41] {@Threei} 1:4
[09:42] {JoebiWan} dal
01[09:42] {@Threei} Short Setup: TWTR .20 break hl
01[09:42] {@Threei} Invalidated
01[09:42] {@Threei} leaving it be
01[09:42] {@Threei} 3 invalidation, it just wastes our time
01[09:44] {@Threei} Short Setup: MCD 88 break
01[09:44] {@Threei} If holds .10
[09:46] {Jenh} gm
01[09:47] {@Threei} jen :)
[09:47] {nemo} spy probable gap fill then 200.25 pivot/50 day
[09:48] {RonS} seeing new exchange on Level 2...wemm anyone hear of it?
01[09:50] {@Threei} WEMM | P | WELLS FARGO SECURITIES, LLC
01[09:50] {@Threei} http://www.level2stockquotes.com/market-makers-w-list.html
[09:50] {RonS} thanks
[09:50] {ese} no...interesting
[09:51] {ese} L rfmd .00
01[09:54] {@Threei} trail to .06
01[09:59] {@Threei} Long Setup: FB 77 break hl
01[09:59] {@Threei} If holds .90
[09:59] {nemo} two way
01[10:00] {@Threei} 1:1 MCD
01[10:00] {@Threei} yeah, FB ]was two-sided
[10:01] {nemo} two "faced"
[10:01] {nemo} Ron
01[10:01] {@Threei} not bad actually
[10:02] {nemo} tna
[10:02] {nemo} sorry
[10:05] {RonS} my .vix quote is jumping all over the place...anyone else seeing that?
01[10:05] {@Threei} Long Setup: IWM .90 break
01[10:05] {@Threei} If holds .80
01[10:06] {@Threei} no go
[10:06] {RonS} 21 then 24.88 then 21.55 etc
01[10:07] {@Threei} 1:2 MCD
[10:07] {dptl} ty
01[10:07] {@Threei} 1:3
[10:07] {nemo} TSLA running out of........gas
01[10:08] {@Threei} wow... Ron, he is really trying to outron you
[10:08] {RonS} tsla zapped?
[10:08] {nemo} it's not difficult
[10:09] {RonS} think headline...gotta be short, not a feakin encyclopedia
[10:09] {RonS} +r
[10:10] {RonS} gild geld
[10:10] {nemo} mixing metaphors
[10:10] {nemo} you cutting gild's member off?
[10:14] {nemo} wow FB
[10:14] {nemo} buck to the short side
01[10:16] {@Threei} wow
01[10:17] {@Threei} Long Setup: VXX .65 break
01[10:17] {@Threei} change to .60
01[10:17] {@Threei} If holds .50
01[10:18] {@Threei} Invalidated
01[10:18] {@Threei} (RU) US Sec State Kerry: Russia has made some constructive choices on Ukraine over recent days - Sanctions were designed to impose costs on Russia for moves in Crimea and Ukraine- Oil prices, not just sanctions, are hurting the ruble- Sanctions could have been lifted months ago, could be lifted in days depending on Russia's choices
01[10:18] {@Threei} what constructive choices?
02[10:18] * Disconnected
Session Close: Tue Dec 16 10:18:40 2014
Session Start: Tue Dec 16 10:18:40 2014
Session Ident: #discussions
02[10:18] * Attempting to rejoin channel #discussions
03[10:18] * Rejoined channel #discussions
[10:18] {nemo} SPY going for 200 then pivot
01[10:19] {Threei} Long Setup: VXX .40 break
01[10:19] {Threei} If holds .30
[10:19] {dino} cyber sm l .02
01[10:20] {Threei} 1:1
01[10:20] {Threei} 1:2
01[10:23] {Threei} closed on a trail
[10:23] {dptl} ty
01[10:24] {Threei} yw
[10:35] {dptl} .
[10:37] {RonS} 3i to join in? Turkey's Erdogan is at war with a Twitter account http://bloom.bg/1IXIenn
01[10:38] {Threei} lol
01[10:40] {Threei} Long Setup: VXX .40 break
01[10:40] {Threei} If holds .30
[10:40] {RonS} mfrm gone soft
01[10:41] {Threei} 1:1
01[10:43] {Threei} 1:2
01[10:44] {Threei} closed last part
[10:44] {nemo} choppy day
01[10:45] {Threei} MCD
01[10:45] {Threei} what the deuce
01[10:46] {Threei} MCD Ticking higher on speculation that an activist investor could get involved in the company
01[10:46] {Threei} ??
01[10:46] {Threei} dino, ron... must be your client
[10:50] {dptl} anybody have logix quote issue ?
[10:51] {JoebiWan} yeah
[10:51] {nemo} yeah, just locked up
01[10:51] {Threei} looks frozen
[10:51] {nemo} there she goes
01[10:51] {Threei} ok, catching up
[10:51] {dptl} ok
01[10:51] {Threei} wow... MCD is still at it
[10:52] {RonS} wow ese MACK 10.50ish
[10:52] {nemo} UAL
[11:02] {dino} gild sm l .02
[11:05] {nemo} VXXX
[11:18] {dptl} watching dal .35 break sh
[11:22] {dino} out gild .50, +.48
[11:22] {dptl} got away
[11:22] {JoebiWan} gj dino
[11:22] {dino} ty
[11:23] {dino} out cybr .82, +.80
01[11:24] {Threei} wtg
[11:24] {dino} ty
01[11:24] {Threei} Short Setup: MCD 90 break
01[11:24] {Threei} If holds .10
01[11:24] {Threei} Invalidated
[11:30] {nemo} VXX
[11:30] {nemo} spy bottomed 38.2 and retraced all the way back to the 23.6
[11:33] {dptl} watching luv .25 break sh if holds .35
[11:36] {dino} out mei .31, +.81
[11:36] {Jenh} wow gj!
[11:41] {dino} ty
[11:43] {dptl} stopped luv
[11:49] {RonS} whr draining
[11:49] {RonS} guidance cut
[11:50] {dptl} bhp .10 break sh if holds .20
01[11:53] {Threei} The dramatic collapse of the Russian Ruble is in sharp focus this morning. The ruble had gained around 8% after the Russian Central Bank raised rates by 650 basis points to 17% from 10.5% on Monday afternoon (early Tuesday morning local time), but those gains vaporized as USD/RUB shot up to 79 and then settled around 72.80 in mid-morning trade. The ruble is now down by more than 20% against the dollar on the week and down by 56% YTD.
01[11:54] {Threei} rare case in history when aggression is being punished this quickly and severely
[11:55] {dino} nice to ser
[11:55] {dino} see
[11:55] {RonS} thank the Saudis
[11:56] {dino} indeed, for once they went against opec
[11:56] {RonS} and fracking
[11:57] {dino} yes, unfortunately, that too
01[11:58] {Threei} I think Saudis had no choice
01[11:58] {Threei} they tried to cut production back in 80s
01[11:59] {Threei} it didn't help the price but they lost sales and markets to those who were continue selling
01[11:59] {Threei} so this time around they simply decided to keep the markets
[12:00] {dino} big question is, for how long? been looking at jan 2015 calls uso, oco
[12:00] {dino} jan 2016 i mean
[12:01] {dptl} trailing to .16 bhp
01[12:02] {Threei} don't know dino... as pure trading maybe, but long term oil doesn't look good to me
[12:04] {dino} yeah, time is the big question, thats why i'm leaning towards buying lots of time
[12:05] {dino} taking an hour break
[12:05] {RonS} besides, ese says oil is dead...after all, his wife has an electric car
01[12:06] {Threei} and students want the same
[12:07] {dino} lol
01[12:12] {Threei} Short Setup: MCD 90 break
01[12:12] {Threei} If holds .10
[12:13] {nemo} some volatility today
[12:13] {nemo} avg spy bare change is .16 right now
01[12:18] {Threei} no go
[12:26] {JoebiWan} rig .90 short?
01[12:28] {Threei} can't tell
[12:35] {dptl} no go rig...
01[12:37] {Threei} stop trading everything in sight
[12:38] {nemo} Hey Padawan, I'd be careful shorting the oil complex today, you're likely better off finding a place to get long
[12:39] {nemo} after so many days down, the odds are beginning to work against a short play
[12:39] {nemo} notice uso just bounced at vwap
[12:39] {cosmo} the oil drop, like others in the past, is just a conspiracy to kill solar and such...
[12:40] {nemo} means value is being found there, hasn't been the case
[12:40] {nemo} whatever the reason, respect the price action
[12:40] {nemo} imo
[12:40] {dptl} bhp forming c&h looks like
[12:40] {JoebiWan} thans nemo. thats why i asked
[12:40] {JoebiWan} thanks
[12:47] {dptl} hal 39 short?
[12:48] {dptl} nah
[12:48] {dptl} stepping out for a bit
[12:51] {nemo} see the action in rig Padawan...choppy
[12:52] {JoebiWan} yeah, time of day too?
[12:52] {nemo} yep, but looks like oil is trying to make a bottom
[12:52] {nemo} sucks not having Les to pick on
[12:57] {nemo} VXX
[12:57] {nemo} if it holds support look for .50 break
[12:58] {nemo} there ya go
[12:59] {nemo} set stop below .50
[12:59] {nemo} .85 target
[13:00] {nemo} arguably support @.42
[13:02] {nemo} http://goo.gl/svva5r
01[13:03] {Threei} (US) White House Press Sec Earnest: President Obama will be signing the spending legislation when the final version is complete; also intends to sign Russia sanctions legislation - Administration still has concerns about the current sanctions legislation; Pres Obama likely to sign the sanctions bill before the end of the week- Will not speculate on the SPR; strategic petroleum reserve is not intended to to impact the price of oil
[13:03] {nemo} possible repeat of the setup
[13:07] {nemo} spy coming into vwap
01[13:14] {Threei} In a statement to Business Insider, FXCM said:
01[13:14] {Threei} "Please be advised that that most Western Banks have stopped pricing USD/RUB. As such, FXCM can no longer offer this instrument to our clients and will begin closing any existing client trades in USD/RUB effective at Noon EST today, December 16th, 2014."
[13:15] {nemo} that's why Putin was doing the nuclear drills...distraction
[13:19] {dino} hmm, i take an hor break and dji drops almost 200 pts
01[13:20] {Threei} let's test it again, and if works, we short the bejeezes out of da market and pay you to leave
[13:23] {dino} hor=hour
[13:23] {dino} ok, tell me when to leave
[13:23] {nemo} yesterday
[13:24] {dino} my nose bleeding? think i just got tagged
[13:24] {nemo} wuss
[13:24] {dino} ;)
[13:24] {nemo} you see this dino: http://goo.gl/svva5r
[13:25] {nemo} wrong one...sorry:
[13:25] {nemo} http://goo.gl/G1bftV
01[13:26] {Threei} Long Setup: IWM .15 break
01[13:26] {Threei} change to .10
[13:27] {nemo} wow
01[13:27] {Threei} If holds 114
[13:27] {nemo} no bid
01[13:27] {Threei} change to .05
01[13:27] {Threei} If holds .95
[13:28] {nemo} no volume
[13:29] {nemo} now ur getting volume
01[13:29] {Threei} Invalidated
01[13:37] {Threei} got away
[13:45] {nemo} spy hit yhesterday's close and bounced
[13:45] {nemo} well give or take a little
[13:46] {nemo} shit...it's this volatile and we haven't got out of lunch yet...STRAP IN!!!!
[13:46] {nemo} I want a down limit open!!!!!
01[13:49] {Threei} Long Setup: HAL .75 break
01[13:49] {Threei} If holds .65
[13:51] {nemo} .80 resistance
01[13:51] {Threei} yea
01[13:51] {Threei} wanted aggressive
[13:51] {dptl} .65 was safer
[13:51] {nemo} frickin armchair quarterback
[13:51] {dptl} but will see
01[13:52] {Threei} .60 eas safer yet
01[13:52] {Threei} when someone finds out how to get absolute bottom, I am all ear
[13:52] {nemo} this is SPY: pivot, 50 day vwap
01[13:58] {Threei} 1:1
[13:59] {nemo} VXX
[14:00] {nemo} nice setup break of .95 1:2 and wham!
01[14:01] {Threei} 1:2
[14:03] {Jenh} g2g. good night! see you all tomorrow
01[14:04] {Threei} take care jen
01[14:07] {Threei} 1:3
01[14:08] {Threei} 1:4
01[14:08] {Threei} out
[14:08] {dptl} ty
01[14:08] {Threei} yw
[14:08] {JoebiWan} ty nice trade
01[14:08] {Threei} all who criticized my entry, pour ashes on your head
[14:08] {dptl} still in some
[14:08] {JoebiWan} lol
01[14:09] {Threei} sure thing jw
01[14:09] {Threei} 1:5
06[14:09] * Threei slaps dptl around a bit with a large roll of cash
[14:09] {nemo} yeah, not sure why you didn't trail under the hole
[14:09] {nemo} whole
[14:10] {dptl} out
[14:18] {nemo} Wer reitet so spät durch Nacht und Wind?
[14:18] {nemo} Es ist der Vater mit seinem Kind;
[14:18] {nemo} Er hat den Knaben wohl in dem Arm,
[14:19] {dptl} right
[14:19] {nemo} Er faßt ihn sicher, er hält ihn warm.
[14:21] {nemo} one of my favorite Goethe poems: https://en.wikipedia.org/wiki/Der_Erlk%C3%B6nig
[14:25] {JoebiWan} german stories known for happy endings....
[14:25] {RonS} Goethe always stuck in my craw...
[14:25] {nemo} since when
[14:26] {JoebiWan} never
[14:26] {nemo} I had a beautiful copy of Faust from the Folio Society
01[14:27] {Threei} that's one shop that knows how to make beautiful books
[14:29] {dptl} lol, look at bhp chart
01[14:30] {Threei} full twitter of conspiracies I guess... and idiotic nanlecx charts
01[14:30] {Threei} "damn HFT"
[14:40] {dptl} .54 sort may be bhp
[14:40] {dptl} or short
01[14:41] {Threei} make up your mind
[14:41] {dptl} may be even now agressive
[14:42] {dptl} .66stop
[14:47] {dptl} trying small sh small stop
[14:47] {dino} feye sm l .01
[14:50] {dino} stop feye flat, mkt drop
[14:53] {dptl} stop to .61
[14:59] {dptl} to .51
[15:04] {dptl} to .46
[15:11] {dptl} ok have to close it here1:2, got to go ...see ya tomorrow all
01[15:12] {Threei} take care dp
[15:15] {pamsv} thanks all - cu tmrw
01[15:15] {Threei} Long Setup: VXX .50 break
01[15:16] {Threei} If holds .40
01[15:16] {Threei} Invalidated
01[15:19] {Threei} valid again
01[15:24] {Threei} 1:1
01[15:24] {Threei} 1:2
01[15:25] {Threei} 1:3
[15:25] {JoebiWan} sweet
01[15:25] {Threei} 1:4
01[15:25] {Threei} done
[15:25] {JoebiWan} nice way to finish, ty
01[15:25] {Threei} yw
01[15:26] {Threei} (insert... well, you know)
[15:27] {nemo} why not trail, this could cascade into the close
[15:27] {dino} gj
01[15:29] {Threei} ty
01[15:29] {Threei} I just don't trade like this
01[15:30] {Threei} when my read says move ix exhausted, I close the trade
01[15:30] {Threei} "could do this or that" is simply not in my arsenal
[15:30] {nemo} just a trailing stop
01[15:30] {Threei} yes
01[15:30] {Threei} and it was hit
[15:30] {nemo} ahhh
01[15:31] {Threei} after 1:4 it dropped under 1:3
01[15:45] {Threei} OK guys, thank you all
01[15:45] {Threei} have a great evening, see you tomorrow
[15:45] {JoebiWan} ty gn
[15:50] {dino} gn
Session Time: Tue Dec 16 00:00:00 2014
[09:02] {dptl} gm
01[09:03] {@Threei} dp :)
[09:19] {nemo} http://goo.gl/G1bftV
01[09:20] {@Threei} O’Neill was uninjured, the five intruders all suffered injuries and remain hospitalized,
01[09:20] {@Threei} lol
01[09:20] {@Threei} good for him
[09:20] {nemo} unfortunately the assholes will recover
[09:25] {JoebiWan} surprised they werent shot
01[09:25] {@Threei} I am too
[09:25] {nemo} Yeah...funny, I was having a self-defense discussion with my left wing German Professor friend last night...oy vay
01[09:25] {@Threei} I can only imagine
01[09:26] {@Threei} smile and don't offend, and no one will touch you
[09:26] {nemo} I was in Cambridge, MA no less
[09:26] {nemo} frickin' most concentrated bastion of leftists in the country
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -TLM +50% (Repsol buying company for $8/shr cash)
01[09:27] {@Threei} -SLXP +5.5% (initial FY15 guidance)
01[09:27] {@Threei} -FCEL +4% (earnings)
01[09:27] {@Threei} -SPWR +2.5% (positive broker commentary)
[09:27] {nemo} actually, if he dislocated their knees, they might not make a full recovery...tends to disrupt the blood supply to the lower leg
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -FRO -14% (entered private debt-for-stock exchange agreement)
01[09:28] {@Threei} -YNDX -8% (Russian rate hike & ruble devaluation; MBT, QIWI, VIP all also down between 4-8% on the news)
01[09:28] {@Threei} -EXAS -5% (selling 4M shares to Jefferies & Robert Baird)
01[09:28] {@Threei} -BLMN -3.1% (initial FY15 guidance)
01[09:28] {@Threei} -KO -1.2% (guided FY14 currency neutral EPS growth expected to be 4-6% currency headwind)
[09:29] {ese} gm for a few minutes......
[09:29] {nemo} jeez, almost right on queue
01[09:29] {@Threei} ese (insert smile for a few min)
[09:29] {ese} lol
01[09:32] {@Threei} Long Setup: JPM .25 break
01[09:33] {@Threei} If holds .15
01[09:34] {@Threei} nope
01[09:36] {@Threei} Long Setup: TWTR .50 break
01[09:36] {@Threei} If holds .40
01[09:37] {@Threei} Invalidated
01[09:38] {@Threei} valid again
01[09:38] {@Threei} invalidated again
01[09:39] {@Threei} Short Setup: FB 77 break hl
01[09:39] {@Threei} If holds .10
01[09:39] {@Threei} 1:1
[09:41] {JoebiWan} out fb ty
01[09:41] {@Threei} yw
01[09:41] {@Threei} 1:4
[09:42] {JoebiWan} dal
01[09:42] {@Threei} Short Setup: TWTR .20 break hl
01[09:42] {@Threei} Invalidated
01[09:42] {@Threei} leaving it be
01[09:42] {@Threei} 3 invalidation, it just wastes our time
01[09:44] {@Threei} Short Setup: MCD 88 break
01[09:44] {@Threei} If holds .10
[09:46] {Jenh} gm
01[09:47] {@Threei} jen :)
[09:47] {nemo} spy probable gap fill then 200.25 pivot/50 day
[09:48] {RonS} seeing new exchange on Level 2...wemm anyone hear of it?
01[09:50] {@Threei} WEMM | P | WELLS FARGO SECURITIES, LLC
01[09:50] {@Threei} http://www.level2stockquotes.com/market-makers-w-list.html
[09:50] {RonS} thanks
[09:50] {ese} no...interesting
[09:51] {ese} L rfmd .00
01[09:54] {@Threei} trail to .06
01[09:59] {@Threei} Long Setup: FB 77 break hl
01[09:59] {@Threei} If holds .90
[09:59] {nemo} two way
01[10:00] {@Threei} 1:1 MCD
01[10:00] {@Threei} yeah, FB ]was two-sided
[10:01] {nemo} two "faced"
[10:01] {nemo} Ron
01[10:01] {@Threei} not bad actually
[10:02] {nemo} tna
[10:02] {nemo} sorry
[10:05] {RonS} my .vix quote is jumping all over the place...anyone else seeing that?
01[10:05] {@Threei} Long Setup: IWM .90 break
01[10:05] {@Threei} If holds .80
01[10:06] {@Threei} no go
[10:06] {RonS} 21 then 24.88 then 21.55 etc
01[10:07] {@Threei} 1:2 MCD
[10:07] {dptl} ty
01[10:07] {@Threei} 1:3
[10:07] {nemo} TSLA running out of........gas
01[10:08] {@Threei} wow... Ron, he is really trying to outron you
[10:08] {RonS} tsla zapped?
[10:08] {nemo} it's not difficult
[10:09] {RonS} think headline...gotta be short, not a feakin encyclopedia
[10:09] {RonS} +r
[10:10] {RonS} gild geld
[10:10] {nemo} mixing metaphors
[10:10] {nemo} you cutting gild's member off?
[10:14] {nemo} wow FB
[10:14] {nemo} buck to the short side
01[10:16] {@Threei} wow
01[10:17] {@Threei} Long Setup: VXX .65 break
01[10:17] {@Threei} change to .60
01[10:17] {@Threei} If holds .50
01[10:18] {@Threei} Invalidated
01[10:18] {@Threei} (RU) US Sec State Kerry: Russia has made some constructive choices on Ukraine over recent days - Sanctions were designed to impose costs on Russia for moves in Crimea and Ukraine- Oil prices, not just sanctions, are hurting the ruble- Sanctions could have been lifted months ago, could be lifted in days depending on Russia's choices
01[10:18] {@Threei} what constructive choices?
02[10:18] * Disconnected
Session Close: Tue Dec 16 10:18:40 2014
Session Start: Tue Dec 16 10:18:40 2014
Session Ident: #discussions
02[10:18] * Attempting to rejoin channel #discussions
03[10:18] * Rejoined channel #discussions
[10:18] {nemo} SPY going for 200 then pivot
01[10:19] {Threei} Long Setup: VXX .40 break
01[10:19] {Threei} If holds .30
[10:19] {dino} cyber sm l .02
01[10:20] {Threei} 1:1
01[10:20] {Threei} 1:2
01[10:23] {Threei} closed on a trail
[10:23] {dptl} ty
01[10:24] {Threei} yw
[10:35] {dptl} .
[10:37] {RonS} 3i to join in? Turkey's Erdogan is at war with a Twitter account http://bloom.bg/1IXIenn
01[10:38] {Threei} lol
01[10:40] {Threei} Long Setup: VXX .40 break
01[10:40] {Threei} If holds .30
[10:40] {RonS} mfrm gone soft
01[10:41] {Threei} 1:1
01[10:43] {Threei} 1:2
01[10:44] {Threei} closed last part
[10:44] {nemo} choppy day
01[10:45] {Threei} MCD
01[10:45] {Threei} what the deuce
01[10:46] {Threei} MCD Ticking higher on speculation that an activist investor could get involved in the company
01[10:46] {Threei} ??
01[10:46] {Threei} dino, ron... must be your client
[10:50] {dptl} anybody have logix quote issue ?
[10:51] {JoebiWan} yeah
[10:51] {nemo} yeah, just locked up
01[10:51] {Threei} looks frozen
[10:51] {nemo} there she goes
01[10:51] {Threei} ok, catching up
[10:51] {dptl} ok
01[10:51] {Threei} wow... MCD is still at it
[10:52] {RonS} wow ese MACK 10.50ish
[10:52] {nemo} UAL
[11:02] {dino} gild sm l .02
[11:05] {nemo} VXXX
[11:18] {dptl} watching dal .35 break sh
[11:22] {dino} out gild .50, +.48
[11:22] {dptl} got away
[11:22] {JoebiWan} gj dino
[11:22] {dino} ty
[11:23] {dino} out cybr .82, +.80
01[11:24] {Threei} wtg
[11:24] {dino} ty
01[11:24] {Threei} Short Setup: MCD 90 break
01[11:24] {Threei} If holds .10
01[11:24] {Threei} Invalidated
[11:30] {nemo} VXX
[11:30] {nemo} spy bottomed 38.2 and retraced all the way back to the 23.6
[11:33] {dptl} watching luv .25 break sh if holds .35
[11:36] {dino} out mei .31, +.81
[11:36] {Jenh} wow gj!
[11:41] {dino} ty
[11:43] {dptl} stopped luv
[11:49] {RonS} whr draining
[11:49] {RonS} guidance cut
[11:50] {dptl} bhp .10 break sh if holds .20
01[11:53] {Threei} The dramatic collapse of the Russian Ruble is in sharp focus this morning. The ruble had gained around 8% after the Russian Central Bank raised rates by 650 basis points to 17% from 10.5% on Monday afternoon (early Tuesday morning local time), but those gains vaporized as USD/RUB shot up to 79 and then settled around 72.80 in mid-morning trade. The ruble is now down by more than 20% against the dollar on the week and down by 56% YTD.
01[11:54] {Threei} rare case in history when aggression is being punished this quickly and severely
[11:55] {dino} nice to ser
[11:55] {dino} see
[11:55] {RonS} thank the Saudis
[11:56] {dino} indeed, for once they went against opec
[11:56] {RonS} and fracking
[11:57] {dino} yes, unfortunately, that too
01[11:58] {Threei} I think Saudis had no choice
01[11:58] {Threei} they tried to cut production back in 80s
01[11:59] {Threei} it didn't help the price but they lost sales and markets to those who were continue selling
01[11:59] {Threei} so this time around they simply decided to keep the markets
[12:00] {dino} big question is, for how long? been looking at jan 2015 calls uso, oco
[12:00] {dino} jan 2016 i mean
[12:01] {dptl} trailing to .16 bhp
01[12:02] {Threei} don't know dino... as pure trading maybe, but long term oil doesn't look good to me
[12:04] {dino} yeah, time is the big question, thats why i'm leaning towards buying lots of time
[12:05] {dino} taking an hour break
[12:05] {RonS} besides, ese says oil is dead...after all, his wife has an electric car
01[12:06] {Threei} and students want the same
[12:07] {dino} lol
01[12:12] {Threei} Short Setup: MCD 90 break
01[12:12] {Threei} If holds .10
[12:13] {nemo} some volatility today
[12:13] {nemo} avg spy bare change is .16 right now
01[12:18] {Threei} no go
[12:26] {JoebiWan} rig .90 short?
01[12:28] {Threei} can't tell
[12:35] {dptl} no go rig...
01[12:37] {Threei} stop trading everything in sight
[12:38] {nemo} Hey Padawan, I'd be careful shorting the oil complex today, you're likely better off finding a place to get long
[12:39] {nemo} after so many days down, the odds are beginning to work against a short play
[12:39] {nemo} notice uso just bounced at vwap
[12:39] {cosmo} the oil drop, like others in the past, is just a conspiracy to kill solar and such...
[12:40] {nemo} means value is being found there, hasn't been the case
[12:40] {nemo} whatever the reason, respect the price action
[12:40] {nemo} imo
[12:40] {dptl} bhp forming c&h looks like
[12:40] {JoebiWan} thans nemo. thats why i asked
[12:40] {JoebiWan} thanks
[12:47] {dptl} hal 39 short?
[12:48] {dptl} nah
[12:48] {dptl} stepping out for a bit
[12:51] {nemo} see the action in rig Padawan...choppy
[12:52] {JoebiWan} yeah, time of day too?
[12:52] {nemo} yep, but looks like oil is trying to make a bottom
[12:52] {nemo} sucks not having Les to pick on
[12:57] {nemo} VXX
[12:57] {nemo} if it holds support look for .50 break
[12:58] {nemo} there ya go
[12:59] {nemo} set stop below .50
[12:59] {nemo} .85 target
[13:00] {nemo} arguably support @.42
[13:02] {nemo} http://goo.gl/svva5r
01[13:03] {Threei} (US) White House Press Sec Earnest: President Obama will be signing the spending legislation when the final version is complete; also intends to sign Russia sanctions legislation - Administration still has concerns about the current sanctions legislation; Pres Obama likely to sign the sanctions bill before the end of the week- Will not speculate on the SPR; strategic petroleum reserve is not intended to to impact the price of oil
[13:03] {nemo} possible repeat of the setup
[13:07] {nemo} spy coming into vwap
01[13:14] {Threei} In a statement to Business Insider, FXCM said:
01[13:14] {Threei} "Please be advised that that most Western Banks have stopped pricing USD/RUB. As such, FXCM can no longer offer this instrument to our clients and will begin closing any existing client trades in USD/RUB effective at Noon EST today, December 16th, 2014."
[13:15] {nemo} that's why Putin was doing the nuclear drills...distraction
[13:19] {dino} hmm, i take an hor break and dji drops almost 200 pts
01[13:20] {Threei} let's test it again, and if works, we short the bejeezes out of da market and pay you to leave
[13:23] {dino} hor=hour
[13:23] {dino} ok, tell me when to leave
[13:23] {nemo} yesterday
[13:24] {dino} my nose bleeding? think i just got tagged
[13:24] {nemo} wuss
[13:24] {dino} ;)
[13:24] {nemo} you see this dino: http://goo.gl/svva5r
[13:25] {nemo} wrong one...sorry:
[13:25] {nemo} http://goo.gl/G1bftV
01[13:26] {Threei} Long Setup: IWM .15 break
01[13:26] {Threei} change to .10
[13:27] {nemo} wow
01[13:27] {Threei} If holds 114
[13:27] {nemo} no bid
01[13:27] {Threei} change to .05
01[13:27] {Threei} If holds .95
[13:28] {nemo} no volume
[13:29] {nemo} now ur getting volume
01[13:29] {Threei} Invalidated
01[13:37] {Threei} got away
[13:45] {nemo} spy hit yhesterday's close and bounced
[13:45] {nemo} well give or take a little
[13:46] {nemo} shit...it's this volatile and we haven't got out of lunch yet...STRAP IN!!!!
[13:46] {nemo} I want a down limit open!!!!!
01[13:49] {Threei} Long Setup: HAL .75 break
01[13:49] {Threei} If holds .65
[13:51] {nemo} .80 resistance
01[13:51] {Threei} yea
01[13:51] {Threei} wanted aggressive
[13:51] {dptl} .65 was safer
[13:51] {nemo} frickin armchair quarterback
[13:51] {dptl} but will see
01[13:52] {Threei} .60 eas safer yet
01[13:52] {Threei} when someone finds out how to get absolute bottom, I am all ear
[13:52] {nemo} this is SPY: pivot, 50 day vwap
01[13:58] {Threei} 1:1
[13:59] {nemo} VXX
[14:00] {nemo} nice setup break of .95 1:2 and wham!
01[14:01] {Threei} 1:2
[14:03] {Jenh} g2g. good night! see you all tomorrow
01[14:04] {Threei} take care jen
01[14:07] {Threei} 1:3
01[14:08] {Threei} 1:4
01[14:08] {Threei} out
[14:08] {dptl} ty
01[14:08] {Threei} yw
[14:08] {JoebiWan} ty nice trade
01[14:08] {Threei} all who criticized my entry, pour ashes on your head
[14:08] {dptl} still in some
[14:08] {JoebiWan} lol
01[14:09] {Threei} sure thing jw
01[14:09] {Threei} 1:5
06[14:09] * Threei slaps dptl around a bit with a large roll of cash
[14:09] {nemo} yeah, not sure why you didn't trail under the hole
[14:09] {nemo} whole
[14:10] {dptl} out
[14:18] {nemo} Wer reitet so spät durch Nacht und Wind?
[14:18] {nemo} Es ist der Vater mit seinem Kind;
[14:18] {nemo} Er hat den Knaben wohl in dem Arm,
[14:19] {dptl} right
[14:19] {nemo} Er faßt ihn sicher, er hält ihn warm.
[14:21] {nemo} one of my favorite Goethe poems: https://en.wikipedia.org/wiki/Der_Erlk%C3%B6nig
[14:25] {JoebiWan} german stories known for happy endings....
[14:25] {RonS} Goethe always stuck in my craw...
[14:25] {nemo} since when
[14:26] {JoebiWan} never
[14:26] {nemo} I had a beautiful copy of Faust from the Folio Society
01[14:27] {Threei} that's one shop that knows how to make beautiful books
[14:29] {dptl} lol, look at bhp chart
01[14:30] {Threei} full twitter of conspiracies I guess... and idiotic nanlecx charts
01[14:30] {Threei} "damn HFT"
[14:40] {dptl} .54 sort may be bhp
[14:40] {dptl} or short
01[14:41] {Threei} make up your mind
[14:41] {dptl} may be even now agressive
[14:42] {dptl} .66stop
[14:47] {dptl} trying small sh small stop
[14:47] {dino} feye sm l .01
[14:50] {dino} stop feye flat, mkt drop
[14:53] {dptl} stop to .61
[14:59] {dptl} to .51
[15:04] {dptl} to .46
[15:11] {dptl} ok have to close it here1:2, got to go ...see ya tomorrow all
01[15:12] {Threei} take care dp
[15:15] {pamsv} thanks all - cu tmrw
01[15:15] {Threei} Long Setup: VXX .50 break
01[15:16] {Threei} If holds .40
01[15:16] {Threei} Invalidated
01[15:19] {Threei} valid again
01[15:24] {Threei} 1:1
01[15:24] {Threei} 1:2
01[15:25] {Threei} 1:3
[15:25] {JoebiWan} sweet
01[15:25] {Threei} 1:4
01[15:25] {Threei} done
[15:25] {JoebiWan} nice way to finish, ty
01[15:25] {Threei} yw
01[15:26] {Threei} (insert... well, you know)
[15:27] {nemo} why not trail, this could cascade into the close
[15:27] {dino} gj
01[15:29] {Threei} ty
01[15:29] {Threei} I just don't trade like this
01[15:30] {Threei} when my read says move ix exhausted, I close the trade
01[15:30] {Threei} "could do this or that" is simply not in my arsenal
[15:30] {nemo} just a trailing stop
01[15:30] {Threei} yes
01[15:30] {Threei} and it was hit
[15:30] {nemo} ahhh
01[15:31] {Threei} after 1:4 it dropped under 1:3
01[15:45] {Threei} OK guys, thank you all
01[15:45] {Threei} have a great evening, see you tomorrow
[15:45] {JoebiWan} ty gn
[15:50] {dino} gn
Monday, December 15, 2014
Dec 15 2014
Fantastic trading day even though Mondays rarely are. 9 calls, 8 wins. Need I say more?
Session Start: Mon Dec 15 00:00:00 2014
[09:01] {dptl} gm
01[09:01] {@Threei} dp :)
[09:03] {RonS} hi guys
01[09:03] {@Threei} ron :)
[09:05] {RonS} opk 46+ mil sh short...ouch
[09:06] {cosmo} Monday Monday, can't trust that day,
01[09:07] {@Threei} especially when FOMC Wed is ahead
[09:07] {cosmo} Then Tuesday is a propblem too...
01[09:07] {@Threei} of course
[09:07] {cosmo} problem
01[09:08] {@Threei} both
[09:12] {Jenh} gm
01[09:12] {@Threei} jen :)
01[09:17] {@Threei} first time in I don't remember how many years I filled up at less than $1/litre
[09:18] {dptl} 1.06 here
01[09:18] {@Threei} .97 at Costco
[09:24] {pamsv} gm
01[09:24] {@Threei} pam :)
[09:27] {dptl} watching twtr Vad?
[09:27] {Jfjf64} Mornin
01[09:27] {@Threei} jf :)
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -TLM +23% (said to be aware of bid from Canada Pension takeover interest at C$6-8/shr)
01[09:28] {@Threei} -OPK +15% (entered into global agreement with PFE for hGH-CTP marketing; OPK receiving up-front payment of $295M)
01[09:28] {@Threei} -RVBD +10% (accepting acquisition bid from Thomas Bravo at $21/shr)
01[09:28] {@Threei} -PETM +4.8% (BC Partners-led consortium acquiring PETM for $83.00/shr - total of $8.7B)
01[09:28] {@Threei} -TWTR +2.5% (positive broker commentary)
01[09:28] {@Threei} -ORCL +2.2% (positive broker commentary - MS believes customer survey suggests Cloud Apps growth in FY15)
[09:28] {ese} gm
01[09:28] {@Threei} ese :)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -ARCP -7.8% (hired Edward Hoganson as CFO in response to Chairman stepping down)
01[09:28] {@Threei} -PBR -2.3% (momentum from Q3 Rev numbers reported on Saturday)
01[09:28] {@Threei} TWTR is usually untradable at the open
[09:29] {dptl} ok
01[09:33] {@Threei} Long Setup: VXX .60 break
01[09:33] {@Threei} change to .55
01[09:33] {@Threei} if .45
01[09:34] {@Threei} 1:1
01[09:39] {@Threei} 1:2
01[09:40] {@Threei} let's try for 1:4
01[09:40] {@Threei} if it gets to 1:3, lol
01[09:40] {@Threei} nah
01[09:40] {@Threei} out last part on a trail
[09:40] {JoebiWan} out ty
01[09:40] {@Threei} yw
[09:41] {dptl} out ty
01[09:41] {@Threei} sure thing (or whatever his dudeness would say)
01[09:42] {@Threei} Short Setup: TWTR 38 break hl
01[09:42] {@Threei} If holds .10
01[09:44] {@Threei} 1:1
01[09:46] {@Threei} that's all
01[09:46] {@Threei} for now
[09:47] {JoebiWan} brb
[09:48] {nemo} SPY 202 test
01[09:49] {@Threei} VXX... balance got away
[09:49] {nemo} SPY pivot 201.87
[09:52] {nemo} number @10
01[09:53] {@Threei} RTS -8% today
[09:54] {nemo} iwm looks short but numbers
[09:56] {Jfjf64} Gld
[09:56] {nemo} perfect H&S on the 1 minute
[09:56] {Jfjf64} Long here
[09:56] {RonS} DATA: Output at U.S. factories, mines and utilities grows by most since 2010 http://bloom.bg/1wzUJz4
[09:56] {nemo} BREAKING American Airlines #AA135 from London to Los Angeles is declaring an emergency. Track: emergency.airlive.net pic.twitter.com/CtjWZQijff
[09:56] {nemo} well shit, that short would have made my day
[09:59] {dptl} bhp .64 short if holds .75
01[10:00] {@Threei} * (US) DEC NAHB HOUSING MARKET INDEX: 57 V 59E
01[10:07] {@Threei} Long Setup: DAL .80 break
01[10:07] {@Threei} If holds .70
01[10:07] {@Threei} 1:1
[10:07] {nemo} ese dcc
01[10:12] {@Threei} Long Setup: IWM 115 break
01[10:12] {@Threei} If holds .90
01[10:14] {@Threei} 1:1
[10:15] {RonS} hearing police storming Sydney cafe
01[10:15] {@Threei} on TV, yes
[10:17] {dino} mei sm l .92
[10:18] {dino} cynr sm l ave .49
[10:19] {RonS} cynr?
01[10:20] {@Threei} maybe I need to change my attitude toward Monday
[10:21] {dino} cybr sorry
[10:25] {dptl} out bhp +.13
01[10:39] {@Threei} Long Setup: IWM .35 break
01[10:39] {@Threei} If holds .25
01[10:40] {@Threei} 1:1
01[10:40] {@Threei} 1:2
[10:41] {Jfjf64} Nice
01[10:41] {@Threei} 5 for 5
[10:41] {Jenh} thanks 3i
01[10:41] {@Threei} can I go home?
01[10:41] {@Threei} yw
[10:41] {JoebiWan} nice job vad
01[10:41] {@Threei} ty
[10:42] {Jfjf64} You got ya rest this weekend
01[10:47] {@Threei} Long Setup: CAT .40 break hl
01[10:47] {@Threei} If holds .30
01[10:49] {@Threei} 1:1
[10:50] {JoebiWan} dudes on fire
01[10:50] {@Threei} dude abides the market
01[10:50] {@Threei} 1:2
[10:51] {nemo} today, that is
[10:56] {dptl} watching coh .75 break sh if holds .85
[11:08] {dptl} stop to .71
[11:13] {dptl} to .61
[11:13] {dino} cybr sm l .72
[11:16] {dptl} to .51 coh
01[11:16] {@Threei} nice one
02[11:16] * Disconnected
Session Close: Mon Dec 15 11:16:59 2014
Session Start: Mon Dec 15 11:16:59 2014
Session Ident: #discussions
02[11:26] * Attempting to rejoin channel #discussions
03[11:26] * Rejoined channel #discussions
[11:26] {@dptl} .
01[11:31] {@Threei} Long Setup: VLO 46 break
01[11:31] {@Threei} If holds .90
01[11:38] {@Threei} half out
01[11:38] {@Threei} stop .94
01[11:38] {@Threei} 1:1
01[11:38] {@Threei} to .99
[11:40] {RonS} aapl smackdown
[11:40] {nemo} no bid in the market so far today
[11:40] {nemo} aapl sauced
[11:40] {nemo} ;-)
06[11:40] * nemo thinks, "Bet Ron wish he thought of that one"
[11:43] {dino} lol
01[11:43] {@Threei} lol
06[11:44] * @Threei grabs a bag of popcorn and waits for ron's comeback
[11:54] {dino} stop mei, stop cybr. taking break
[11:59] {RonS} .../cl sub 56
[12:06] {dptl} watching coh for long entry
[12:07] {dptl} in stop under .20
[12:11] {dptl} out
[12:40] {dino} wow, market coming bak
01[12:55] {@Threei} Long Setup: IWM .25 break
01[12:55] {@Threei} If holds .15
01[12:56] {@Threei} 1:1
[12:59] {dptl} ty
01[12:59] {@Threei} yw
[13:01] {dptl} whoever...what makes you to play lunch breakout?
01[13:02] {@Threei} 1:2
[13:04] {dptl} so Vad, how did you se that that break out at this time is worth to try?
01[13:06] {@Threei} this is not a breakout in a usual sense of the word
01[13:06] {@Threei} market often floats up during lunch time after morning drop
01[13:06] {@Threei} simply fund readable entry for that
01[13:06] {@Threei} found
[13:07] {dptl} i see
[13:48] {dptl} coh .25 br short i holds .35
[13:52] {dptl} nope out
[13:59] {dino} .
[14:28] {dino} out five calls from last week, +.70/22%
01[14:28] {@Threei} wtg
[14:28] {dino} ty
[14:53] {nemo} vxx
[14:53] {dptl} watching luv .70 br short
[14:55] {dptl} inval
[15:00] {nemo} 50 day SMA area for iwm spy Qs
[15:00] {dptl} watching again luv
[15:02] {dptl} inval again
01[15:03] {@Threei} I dislike the idea
01[15:03] {@Threei} it's a long play in my eyes
[15:03] {dptl} yeah
[15:04] {dptl} cop?
01[15:06] {@Threei} Long Setup: JPM .45 break
01[15:06] {@Threei} If holds .35
01[15:20] {@Threei} no go
01[15:29] {@Threei} Long Setup: VXX .15 break
01[15:29] {@Threei} ugh, late
01[15:29] {@Threei} grrr
01[15:29] {@Threei} 1:2...
01[15:29] {@Threei} double grrr
01[15:30] {@Threei} triple
[15:32] {pamsv} thanks! - see you tmrw
01[15:32] {@Threei} take care pam
[15:33] {RonS} no, didn't write this: TSLA Electric cars fail to create buzz in China
01[15:33] {@Threei} rofl
01[15:39] {@Threei} Russian ruble crashes to world's worst-performing currency
[15:40] {dptl} cheap vodka then?
01[15:40] {@Threei} well, for that logic should work, but consider this:
01[15:40] {@Threei} during oil price drop, gas prices in russia actually went up
01[15:41] {@Threei} so... :)
[15:41] {dptl} ye i saw it
[15:43] {RonS} see y'all...have a nice evening
01[15:43] {@Threei} yes
01[15:44] {@Threei} thank you all, very nice day with 8 wins out of 9 calls
01[15:44] {@Threei} have a great evening, see you tomorrow
[15:44] {JoebiWan} nice job vad ty see you
[15:44] {dptl} gn all
[15:44] {Jenh} thanks 3i! gn everyone!
Session Start: Mon Dec 15 00:00:00 2014
[09:01] {dptl} gm
01[09:01] {@Threei} dp :)
[09:03] {RonS} hi guys
01[09:03] {@Threei} ron :)
[09:05] {RonS} opk 46+ mil sh short...ouch
[09:06] {cosmo} Monday Monday, can't trust that day,
01[09:07] {@Threei} especially when FOMC Wed is ahead
[09:07] {cosmo} Then Tuesday is a propblem too...
01[09:07] {@Threei} of course
[09:07] {cosmo} problem
01[09:08] {@Threei} both
[09:12] {Jenh} gm
01[09:12] {@Threei} jen :)
01[09:17] {@Threei} first time in I don't remember how many years I filled up at less than $1/litre
[09:18] {dptl} 1.06 here
01[09:18] {@Threei} .97 at Costco
[09:24] {pamsv} gm
01[09:24] {@Threei} pam :)
[09:27] {dptl} watching twtr Vad?
[09:27] {Jfjf64} Mornin
01[09:27] {@Threei} jf :)
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -TLM +23% (said to be aware of bid from Canada Pension takeover interest at C$6-8/shr)
01[09:28] {@Threei} -OPK +15% (entered into global agreement with PFE for hGH-CTP marketing; OPK receiving up-front payment of $295M)
01[09:28] {@Threei} -RVBD +10% (accepting acquisition bid from Thomas Bravo at $21/shr)
01[09:28] {@Threei} -PETM +4.8% (BC Partners-led consortium acquiring PETM for $83.00/shr - total of $8.7B)
01[09:28] {@Threei} -TWTR +2.5% (positive broker commentary)
01[09:28] {@Threei} -ORCL +2.2% (positive broker commentary - MS believes customer survey suggests Cloud Apps growth in FY15)
[09:28] {ese} gm
01[09:28] {@Threei} ese :)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -ARCP -7.8% (hired Edward Hoganson as CFO in response to Chairman stepping down)
01[09:28] {@Threei} -PBR -2.3% (momentum from Q3 Rev numbers reported on Saturday)
01[09:28] {@Threei} TWTR is usually untradable at the open
[09:29] {dptl} ok
01[09:33] {@Threei} Long Setup: VXX .60 break
01[09:33] {@Threei} change to .55
01[09:33] {@Threei} if .45
01[09:34] {@Threei} 1:1
01[09:39] {@Threei} 1:2
01[09:40] {@Threei} let's try for 1:4
01[09:40] {@Threei} if it gets to 1:3, lol
01[09:40] {@Threei} nah
01[09:40] {@Threei} out last part on a trail
[09:40] {JoebiWan} out ty
01[09:40] {@Threei} yw
[09:41] {dptl} out ty
01[09:41] {@Threei} sure thing (or whatever his dudeness would say)
01[09:42] {@Threei} Short Setup: TWTR 38 break hl
01[09:42] {@Threei} If holds .10
01[09:44] {@Threei} 1:1
01[09:46] {@Threei} that's all
01[09:46] {@Threei} for now
[09:47] {JoebiWan} brb
[09:48] {nemo} SPY 202 test
01[09:49] {@Threei} VXX... balance got away
[09:49] {nemo} SPY pivot 201.87
[09:52] {nemo} number @10
01[09:53] {@Threei} RTS -8% today
[09:54] {nemo} iwm looks short but numbers
[09:56] {Jfjf64} Gld
[09:56] {nemo} perfect H&S on the 1 minute
[09:56] {Jfjf64} Long here
[09:56] {RonS} DATA: Output at U.S. factories, mines and utilities grows by most since 2010 http://bloom.bg/1wzUJz4
[09:56] {nemo} BREAKING American Airlines #AA135 from London to Los Angeles is declaring an emergency. Track: emergency.airlive.net pic.twitter.com/CtjWZQijff
[09:56] {nemo} well shit, that short would have made my day
[09:59] {dptl} bhp .64 short if holds .75
01[10:00] {@Threei} * (US) DEC NAHB HOUSING MARKET INDEX: 57 V 59E
01[10:07] {@Threei} Long Setup: DAL .80 break
01[10:07] {@Threei} If holds .70
01[10:07] {@Threei} 1:1
[10:07] {nemo} ese dcc
01[10:12] {@Threei} Long Setup: IWM 115 break
01[10:12] {@Threei} If holds .90
01[10:14] {@Threei} 1:1
[10:15] {RonS} hearing police storming Sydney cafe
01[10:15] {@Threei} on TV, yes
[10:17] {dino} mei sm l .92
[10:18] {dino} cynr sm l ave .49
[10:19] {RonS} cynr?
01[10:20] {@Threei} maybe I need to change my attitude toward Monday
[10:21] {dino} cybr sorry
[10:25] {dptl} out bhp +.13
01[10:39] {@Threei} Long Setup: IWM .35 break
01[10:39] {@Threei} If holds .25
01[10:40] {@Threei} 1:1
01[10:40] {@Threei} 1:2
[10:41] {Jfjf64} Nice
01[10:41] {@Threei} 5 for 5
[10:41] {Jenh} thanks 3i
01[10:41] {@Threei} can I go home?
01[10:41] {@Threei} yw
[10:41] {JoebiWan} nice job vad
01[10:41] {@Threei} ty
[10:42] {Jfjf64} You got ya rest this weekend
01[10:47] {@Threei} Long Setup: CAT .40 break hl
01[10:47] {@Threei} If holds .30
01[10:49] {@Threei} 1:1
[10:50] {JoebiWan} dudes on fire
01[10:50] {@Threei} dude abides the market
01[10:50] {@Threei} 1:2
[10:51] {nemo} today, that is
[10:56] {dptl} watching coh .75 break sh if holds .85
[11:08] {dptl} stop to .71
[11:13] {dptl} to .61
[11:13] {dino} cybr sm l .72
[11:16] {dptl} to .51 coh
01[11:16] {@Threei} nice one
02[11:16] * Disconnected
Session Close: Mon Dec 15 11:16:59 2014
Session Start: Mon Dec 15 11:16:59 2014
Session Ident: #discussions
02[11:26] * Attempting to rejoin channel #discussions
03[11:26] * Rejoined channel #discussions
[11:26] {@dptl} .
01[11:31] {@Threei} Long Setup: VLO 46 break
01[11:31] {@Threei} If holds .90
01[11:38] {@Threei} half out
01[11:38] {@Threei} stop .94
01[11:38] {@Threei} 1:1
01[11:38] {@Threei} to .99
[11:40] {RonS} aapl smackdown
[11:40] {nemo} no bid in the market so far today
[11:40] {nemo} aapl sauced
[11:40] {nemo} ;-)
06[11:40] * nemo thinks, "Bet Ron wish he thought of that one"
[11:43] {dino} lol
01[11:43] {@Threei} lol
06[11:44] * @Threei grabs a bag of popcorn and waits for ron's comeback
[11:54] {dino} stop mei, stop cybr. taking break
[11:59] {RonS} .../cl sub 56
[12:06] {dptl} watching coh for long entry
[12:07] {dptl} in stop under .20
[12:11] {dptl} out
[12:40] {dino} wow, market coming bak
01[12:55] {@Threei} Long Setup: IWM .25 break
01[12:55] {@Threei} If holds .15
01[12:56] {@Threei} 1:1
[12:59] {dptl} ty
01[12:59] {@Threei} yw
[13:01] {dptl} whoever...what makes you to play lunch breakout?
01[13:02] {@Threei} 1:2
[13:04] {dptl} so Vad, how did you se that that break out at this time is worth to try?
01[13:06] {@Threei} this is not a breakout in a usual sense of the word
01[13:06] {@Threei} market often floats up during lunch time after morning drop
01[13:06] {@Threei} simply fund readable entry for that
01[13:06] {@Threei} found
[13:07] {dptl} i see
[13:48] {dptl} coh .25 br short i holds .35
[13:52] {dptl} nope out
[13:59] {dino} .
[14:28] {dino} out five calls from last week, +.70/22%
01[14:28] {@Threei} wtg
[14:28] {dino} ty
[14:53] {nemo} vxx
[14:53] {dptl} watching luv .70 br short
[14:55] {dptl} inval
[15:00] {nemo} 50 day SMA area for iwm spy Qs
[15:00] {dptl} watching again luv
[15:02] {dptl} inval again
01[15:03] {@Threei} I dislike the idea
01[15:03] {@Threei} it's a long play in my eyes
[15:03] {dptl} yeah
[15:04] {dptl} cop?
01[15:06] {@Threei} Long Setup: JPM .45 break
01[15:06] {@Threei} If holds .35
01[15:20] {@Threei} no go
01[15:29] {@Threei} Long Setup: VXX .15 break
01[15:29] {@Threei} ugh, late
01[15:29] {@Threei} grrr
01[15:29] {@Threei} 1:2...
01[15:29] {@Threei} double grrr
01[15:30] {@Threei} triple
[15:32] {pamsv} thanks! - see you tmrw
01[15:32] {@Threei} take care pam
[15:33] {RonS} no, didn't write this: TSLA Electric cars fail to create buzz in China
01[15:33] {@Threei} rofl
01[15:39] {@Threei} Russian ruble crashes to world's worst-performing currency
[15:40] {dptl} cheap vodka then?
01[15:40] {@Threei} well, for that logic should work, but consider this:
01[15:40] {@Threei} during oil price drop, gas prices in russia actually went up
01[15:41] {@Threei} so... :)
[15:41] {dptl} ye i saw it
[15:43] {RonS} see y'all...have a nice evening
01[15:43] {@Threei} yes
01[15:44] {@Threei} thank you all, very nice day with 8 wins out of 9 calls
01[15:44] {@Threei} have a great evening, see you tomorrow
[15:44] {JoebiWan} nice job vad ty see you
[15:44] {dptl} gn all
[15:44] {Jenh} thanks 3i! gn everyone!
Friday, December 12, 2014
Market Week Wrap-up
TradeTheNews.com Weekly
Market Update: Risk Off Resurfaces
Volatility made a big comeback this week as the S&P500 index saw its first weekly loss in two months and the crude meltdown showed no signs of letting up. After two solid months of declining oil prices, the more than 10% drop in WTI futures this week, from $65 to below $58/barrel, finally triggered some significant risk-off behavior over deflation concerns. Most market watchers continue to tout the economic benefits of lower oil prices, but the speed of the decline has become unsettling. The jittery market largely ignored more strong US economic data, including excellent November retail sales and a 7-year high in the University of Michigan confidence reading, and gave more weight to ugly European industrial production and CPI data. In China, the November CPI and PPI inflation readings were concerning, with CPI hitting a five-year low, while additional economic and political reports cemented the expectation that China will reduce its official growth target for 2015. The DJIA had its worst week since late 2011, dropping 3.7%, while the S&P500 fell 3.5% and the Nasdaq lost 2.7%.
US Treasury yields have seen a notable contraction this week. On Friday, the 30-year UST ended around 2.74%, the lowest weekly close since the end of 2012. The yield on the 10-year UST fell as low as 2.09% (Recall that during the height of the Ebola angst in mid-October, the 10-year and 30-year yields briefly dipped as low as 1.86% and 2.67%, respectively). Spreads have narrowed as short-dated yields climbed in preparation for Fed tightening, further flattening out the yield curve.
The oil shock is rippling throughout global markets. Investors pulled nearly $1.9 billion from high-yield debt funds this week as lower oil prices exacerbated fears that smaller oil names could run into financing trouble. Energy debt currently accounts for around 16% of the US junk bond market. Russia continues to suffer from the oil swoon - the ruble lost another 10% against the dollar this week and not even another rate hike by the Russian Central Bank (the one-week auction rate was raised 11 bps to 10.5%) was able to arrest the slide. Meanwhile, major airlines should end up as a major beneficiary of lower oil prices. Industry group IATA forecasted 2015 airline industry profits of $25B v $19.9B y/y thanks to lower oil prices and higher worldwide GDP growth.
In Europe, deflation is looming. Core inflation rates, excluding the downward pressure of slumping energy prices, has gone negative in some euro zone peripheral nations. In the largest euro economies, France's headline November m/m CPI was -0.2% while Germany was at 0.0%. The data intensifies pressure on the ECB to launch its planned sovereign QE program as soon as possible, especially after this week's disappointing second TLTRO allotment, in which banks took only €130B, less than half the available credit on offer. The euro recovered from last week's 28-month lows, rising to 1.2500 from lows around 1.2250.
Comments from banking executives this week put some shade on the outlook for big US banks. At an investor conference, Bank of America's CEO warned that Q4 sales and trading revenue would be lower y/y and q/q. At the same conference, Citigroup's CEO warned that the bank would take a $3.5B charge in Q4 for legal investigations and would be marginally profitable after the charge. In addition, the Fed proposed a larger capital surcharge on the eight largest SIFI banks, and called out JP Morgan as the only large bank that might need to boost capital (by as much as $22B) to satisfy new capital rules.
On the merger front, Merck said it would buy Cubist Pharmaceuticals for $9.5 billion including debt, expanding its footprint in the market for drugs that target antibiotic resistant superbugs. The all-cash deal is valued around $102 per share, a 35% premium. Merck got a rude surprise just hours after announcing the deal: a US court curtailed all but one of the patents covering Cubist's top seller, Cubicin, which delivered most of the $1 billion in 2015 revenue Merck expected from the acquisition. Generics could launch as soon as mid-2016.
Japan Q3 final GDP confirmed a technical recession with a 2nd consecutive quarter of negative growth. Despite expectations of a shallower contraction via an upward revision in the CapEx component, corporate spending actually fell by a steeper 0.4% margin than the 0.2% initially reported. Since the release of the GDP report, questions over the efficacy of Abenomics policies have become more prevalent going into this Sunday's parliamentary elections, even though the initial polls suggest the opposition remains too disorganized to muster a successful government challenge. Meanwhile, general risk-off market sentiment and more vocal public opposition to excessive Yen weakness has sent USD/JPY lower on a weekly basis for the first time in 8 weeks, with the pair falling over 3 big figures, below ¥119.
A broad range of November data out of China continued to point to a gradual slowdown coupled with policymakers' attempts to manage the soft landing and also acknowledge the changing nature of the economy. The headline trade surplus topped expectations, but imports fell for the first time in 3 months amid lower shipments of hard commodities and exports were also below expectations. The further decline in oil prices has also helped to bring CPI down to a 5-year low of 1.4% - below consensus. Industrial output fell to a 3-month low and also its 2nd worst level in 5 years, while fixed asset investment hit a 13-year low and property investment a 5 1/2 year low. Only November lending figures were notably better than expected at CNY852.7B vs CNY655B consensus amid speculation that policymakers are endorsing a higher lending ceiling of CNY10T in 2014, up from CNY8.9T in 2013. On Friday, a Chinese press report citing cabinet sources indicated the concluded Economic Work Council meeting will recommend lowering the official 2015 GDP target from the 7.5% rate in 2014 for the first time in 3 years.
Volatility made a big comeback this week as the S&P500 index saw its first weekly loss in two months and the crude meltdown showed no signs of letting up. After two solid months of declining oil prices, the more than 10% drop in WTI futures this week, from $65 to below $58/barrel, finally triggered some significant risk-off behavior over deflation concerns. Most market watchers continue to tout the economic benefits of lower oil prices, but the speed of the decline has become unsettling. The jittery market largely ignored more strong US economic data, including excellent November retail sales and a 7-year high in the University of Michigan confidence reading, and gave more weight to ugly European industrial production and CPI data. In China, the November CPI and PPI inflation readings were concerning, with CPI hitting a five-year low, while additional economic and political reports cemented the expectation that China will reduce its official growth target for 2015. The DJIA had its worst week since late 2011, dropping 3.7%, while the S&P500 fell 3.5% and the Nasdaq lost 2.7%.
US Treasury yields have seen a notable contraction this week. On Friday, the 30-year UST ended around 2.74%, the lowest weekly close since the end of 2012. The yield on the 10-year UST fell as low as 2.09% (Recall that during the height of the Ebola angst in mid-October, the 10-year and 30-year yields briefly dipped as low as 1.86% and 2.67%, respectively). Spreads have narrowed as short-dated yields climbed in preparation for Fed tightening, further flattening out the yield curve.
The oil shock is rippling throughout global markets. Investors pulled nearly $1.9 billion from high-yield debt funds this week as lower oil prices exacerbated fears that smaller oil names could run into financing trouble. Energy debt currently accounts for around 16% of the US junk bond market. Russia continues to suffer from the oil swoon - the ruble lost another 10% against the dollar this week and not even another rate hike by the Russian Central Bank (the one-week auction rate was raised 11 bps to 10.5%) was able to arrest the slide. Meanwhile, major airlines should end up as a major beneficiary of lower oil prices. Industry group IATA forecasted 2015 airline industry profits of $25B v $19.9B y/y thanks to lower oil prices and higher worldwide GDP growth.
In Europe, deflation is looming. Core inflation rates, excluding the downward pressure of slumping energy prices, has gone negative in some euro zone peripheral nations. In the largest euro economies, France's headline November m/m CPI was -0.2% while Germany was at 0.0%. The data intensifies pressure on the ECB to launch its planned sovereign QE program as soon as possible, especially after this week's disappointing second TLTRO allotment, in which banks took only €130B, less than half the available credit on offer. The euro recovered from last week's 28-month lows, rising to 1.2500 from lows around 1.2250.
Comments from banking executives this week put some shade on the outlook for big US banks. At an investor conference, Bank of America's CEO warned that Q4 sales and trading revenue would be lower y/y and q/q. At the same conference, Citigroup's CEO warned that the bank would take a $3.5B charge in Q4 for legal investigations and would be marginally profitable after the charge. In addition, the Fed proposed a larger capital surcharge on the eight largest SIFI banks, and called out JP Morgan as the only large bank that might need to boost capital (by as much as $22B) to satisfy new capital rules.
On the merger front, Merck said it would buy Cubist Pharmaceuticals for $9.5 billion including debt, expanding its footprint in the market for drugs that target antibiotic resistant superbugs. The all-cash deal is valued around $102 per share, a 35% premium. Merck got a rude surprise just hours after announcing the deal: a US court curtailed all but one of the patents covering Cubist's top seller, Cubicin, which delivered most of the $1 billion in 2015 revenue Merck expected from the acquisition. Generics could launch as soon as mid-2016.
Japan Q3 final GDP confirmed a technical recession with a 2nd consecutive quarter of negative growth. Despite expectations of a shallower contraction via an upward revision in the CapEx component, corporate spending actually fell by a steeper 0.4% margin than the 0.2% initially reported. Since the release of the GDP report, questions over the efficacy of Abenomics policies have become more prevalent going into this Sunday's parliamentary elections, even though the initial polls suggest the opposition remains too disorganized to muster a successful government challenge. Meanwhile, general risk-off market sentiment and more vocal public opposition to excessive Yen weakness has sent USD/JPY lower on a weekly basis for the first time in 8 weeks, with the pair falling over 3 big figures, below ¥119.
A broad range of November data out of China continued to point to a gradual slowdown coupled with policymakers' attempts to manage the soft landing and also acknowledge the changing nature of the economy. The headline trade surplus topped expectations, but imports fell for the first time in 3 months amid lower shipments of hard commodities and exports were also below expectations. The further decline in oil prices has also helped to bring CPI down to a 5-year low of 1.4% - below consensus. Industrial output fell to a 3-month low and also its 2nd worst level in 5 years, while fixed asset investment hit a 13-year low and property investment a 5 1/2 year low. Only November lending figures were notably better than expected at CNY852.7B vs CNY655B consensus amid speculation that policymakers are endorsing a higher lending ceiling of CNY10T in 2014, up from CNY8.9T in 2013. On Friday, a Chinese press report citing cabinet sources indicated the concluded Economic Work Council meeting will recommend lowering the official 2015 GDP target from the 7.5% rate in 2014 for the first time in 3 years.
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