TradeTheNews.com Weekly
Market Update: Dollar Retreats, Oil Rebounds
Fri, 17 Apr 2015 16:21 PM EST
European and Chinese equity markets saw fresh record highs this week, while US
equities approached record highs again. However Greek turmoil, the poor US
March retail sales report and China's slate of weak March data eventually
pulled markets lower. The China Securities Regulatory Commission helped
vaporize a large chunck of April's gains by banning certain forms of margin
trading. ECB QE and the Greece situation pulled the German 10-year yield down
to all-time lows around 0.049% on Friday, while peripheral yields backed up,
led by Greece. Oil prices broke out to the highs of the year on speculative
bets we may have seen the peak US production figures, while the Dollar gave
back some notable ground as traders unwound a portion of the recent relative
strength trades tied to a more favorable US economic outlook. For the week, the
DJIA lost 1.3%, the S&P500 dropped 1% and the Nasdaq was down 1.3%.
The most recent CPI inflation data appears to suggest the US inflation cycle
may be turning, providing some support for Fed rate hikes sooner rather than
later. On Friday, the March headline y/y CPI reading dipped into negative
territory, however the core y/y CPI reading was a robust +1.8%, beating
expectations by a tenth of a percent. March was the second consecutive month of
gains in the core y/y CPI figure. Analysts suggest core inflation will continue
higher in the tug-of-war between growing wages, lower import prices and the
stronger dollar.
The advance March retail sales report missed expectations for the third month
in a row, and there were downward revisions to core retail sales for January
and February. The core reading, which excludes volatile categories, was up a
mere 0.3%. Taken together, the data suggests the consumer was pretty weak in
the first quarter, with negative implications for Q1 GDP (the advance reading
is due later this month). Manufacturing data for April from the Philadelphia
Fed and the New York Fed was mixed: the headline Philly Fed number was not bad
while the Empire survey went negative for the first time since December. But
more to the point, new orders in both reports were anemic.
A raft of Fed speakers this week mostly took the data in stride. On balance,
the Fed continued to indicate that June will be a 'live' meeting for
considering rate lift off, but only if the economy shakes off the seasonal
weakness seen in Q1. Fed Vice Chair Stanley Fischer summarized by saying he
expects some snap back in Q2 but its not clear what magnitude, and the timing
of rate lift off remains data dependent.
Relations between Greece and its European partners decayed further. On Sunday,
the EU gave Athens until April 20th to preset a new slate of reforms before
they would unlock the final €7.2 billion tranche of aid funds at the Eurogroup
meeting on April 24th. Various officials commented that little progress was
being made in current negotiations and nobody expects any resolution ahead of
the Eurogroup meeting. Late in the week, the FT reported that a Greek official
told the paper "We have come to the end of the road. If the Europeans
won't release bail-out cash, there is no alternative [to a default]."
Though European officials at the IMF conference in Washington continued to
insist that they want Greece to remain in the euro zone, Greece's neighbors
were instituting measures to quarantine local branches of Greek banks and
peripheral European bond yields soared.
Besides a feminist protestor breaking up the press conference with confetti,
Wednesday's ECB decision was a snooze. President Draghi dwelled on the early
successes of QE and again dismissed fears about a possible shortage of
available bonds to buy. European bond yields kept sinking under the impact of
QE and the Greek situation, with the German 10-year bund falling as low as
0.049% (a record low) while Italy and Spain 10-year yields soared more than 14
basis points and headed for 1.50% on Greek contagion fears. The euro gained
steadily as the greenback softened on weaker US economic data. EUR/USD was as
lows as 1.0530 on Monday and touched a high of 1.0850 on Friday.
The Canadian Dollar saw its biggest moves since the BoC's surprise rate cut in
January. Three months ago, the BoC cut is key rate to 0.75% due to the sharp
declines in oil and the implications for Canada's inflation outlook. Governor
Poloz had left the door open to more rate cuts if needed, but this week the BoC
withdrew any hint that it was planning to cut rates again. The staff GDP
forecast for 2015 was lowered slightly but the outlook for 2016 was raised by a
hair, while the overall CPI forecast for 2015 was raised quite a bit. USD/CAD
had been in a 1.2350-1.2850 range since the cut; after the decision, USD/CAD
dropped out of the range to around 1.2100.
Crude prices sustained their month-long rally this week on the weak dollar and
slackening inventory builds. The API crude report saw its fifth straight build
and the DoE report saw its 14th straight build, although the gains were both
well below expectations. Over the week, the front-month WTI contract rose from
$52 to a high of $57.42, notching a year to date high. Note that OPEC's monthly
report out showed March production by the cartel of 30.79M bpd, +810K bpd
driven by Saudi Arabia, Libya, Iraq. Saudi production grew to 10.29M bpd from
9.64M in February.
JPMorgan and Goldman Sachs beat first-quarter earnings expectations and saw
good revenue growth. Goldman's revenues rose to a four-year high and the firm's
investment banking net revenues saw its best quarter since 2007. Book value per
share increased $5.38 to $168.39, the largest quarterly increase in over five
years. Citigroup had a very good quarter, soundly beating earnings expectations
on 16% growth in quarterly profit. However, revenue missed and declined slightly
y/y. Mortgage lending giant Wells Fargo's earnings were flat y/y and slightly
above expectations, while the firm saw solid revenue growth. Bank of America,
PNC and US Bank disclosed lackluster quarterly numbers.
GE's revenue fell short of expectations, however the headline numbers reflected
the GE Capital spinoff announced last week. The core industrial operation
profit +9% y/y, improved profit margins sales +3% (including FX). Honeywell's
revenue fell 5% y/y on FX and the Friction Material divestiture, while income
saw modest gains. Shares of Netflix soared to all-time highs after beating
expectations for net subscriber additions, both at home and abroad. A host of
analysts upgraded the name and lavished praise on the firm's expansion, even as
its earnings and revenue remained unspectacular.
M&A action was subdued this week. Nokia confirmed it had a deal in hand to
acquire Alcatel-Lucent in an all-stock deal valued at €15.6B. Strong growth in
high-speed mobile data connections for everything from driverless cars to
robots was a key driver in the merger discussions. The development and rollout
of 5G mobile networks will be the new firm's main objective. Activist hedge
fund Jana Partners went after Qualcomm, confirming it has asked Qualcomm to
consider separating its chip unit from its patent-licensing business.
The Shanghai Composite rose higher for the sixth straight week, tacking on
another 6%, making for impressive rally of over 30% for the year. Investors
have been undeterred by the apparent slowdown in the economy, as showcased by
Q1 GDP and the bulk of data-points for the month of March. First quarter GDP
growth of 7% was right in line with consensus and matched the overall 2015
target but still marked a 6-year low. Retail sales grew just 10.2% y/y, the
slowest since February 2006 and missing forecasts. Industrial output grew 5.6%,
the slowest since November 2008 and well below estimates at 7%e. Fixed-asset
investment grew at a 14-year low of 13.5%.
Developments on Friday may put a big dent in the Chinese rally and by extension
global equities. To help cut leverage and cool equity markets the China
Securities Regulatory Commission banned the margin trading arms of brokerages
from taking part in so-called "umbrella trusts", raising fears of a
big China equity selloff. The regulator also placed limits on margin trading
for highly risky small stocks that trade OTC, and warned the small investors
driving the mainland equity rally not borrow money or sell property to buy
stocks.
Friday, April 17, 2015
Apr 17 2015
Another nice day to finish nice week. 5 wins (most of them are larger ones) far outweighing two stops.
Session Time: Fri Apr 17 00:00:00 2015
[09:15] {dino> gm
01[09:16] {@Threei> dino :)
[09:18] {jfjf64> Mornin
01[09:19] {@Threei> jf :)
[09:19] {drewj> Hi guys
01[09:19] {@Threei> drew :)
[09:29] {dino> china stocks bloody
01[09:30] {@Threei> Upside:
01[09:30] {@Threei> -RXII +20% (received FDA orphan drug designation for Samcyprone)
01[09:30] {@Threei> -CE +12.5% (earnings)
01[09:30] {@Threei> -IGTE +8.2% (earnings/takeover speculation)
01[09:30] {@Threei> -MAT +8 % (earnings)
01[09:30] {@Threei> -BMY +4% (positive Phase 3 Opdivo lung cancer trial)
01[09:30] {@Threei> -SLB +2.8% (earnings)
01[09:30] {@Threei> -ICPT +2.5% (positive broker commentary)
01[09:30] {@Threei> Downside:
01[09:30] {@Threei> -ATHX -52% (Phase 2 multistem cell therapy for ischemic stroke missed endpoints; PFE also down marginally on the news)
01[09:30] {@Threei> -PRO -16% (cutting outlook)
01[09:30] {@Threei> -AMD -12% (earnings)
01[09:30] {@Threei> -NOW -8% (earnings)
01[09:30] {@Threei> -MTW -7% (final determination in Sany patent litigation)
01[09:30] {@Threei> -WUBA -6% (confirmed takeover of Ganji)
01[09:30] {@Threei> -AKBA -5.7% (priced 7.3M shares at $8.25/shr)
[09:32] {jfjf64> Wuba
01[09:32] {@Threei> Long Setup: IWM .10 break
01[09:32] {@Threei> If holds 125
01[09:32] {@Threei> 1:1
01[09:33] {@Threei> 1:2
[09:34] {dino> now blood
01[09:35] {@Threei> 1:3
01[09:35] {@Threei> out and happy
[09:36] {jfjf64> Ty
01[09:36] {@Threei> yw
[09:37] {dino> gj
[09:38] {jfjf64> Apc long.10
[09:39] {jfjf64> 1:1 1:2
[09:39] {dino> gj
[09:41] {jfjf64> Out
[09:41] {jfjf64> Ty
[09:42] {jfjf64> Gettin ugly
[09:42] {dino> anybody use optionshouse/trademonster? can't log in
01[09:42] {@Threei> Long Setup: VXX .25 break
01[09:43] {@Threei> If holds .15
[09:43] {jfjf64> Die mkt
[09:44] {jfjf64> 8 hrs of gettin hit
01[09:44] {@Threei> 1:1
01[09:45] {@Threei> 1:2
[09:45] {jfjf64> Love it
[09:46] {drewj> Great start Vad
01[09:48] {@Threei> as jf once said... "I see you've done it before"
[09:49] {jfjf64> Lol
[09:50] {jfjf64> Stay with vxx
[09:50] {jfjf64> Imo
[09:53] {jfjf64> Axp dead
[09:56] {jfjf64> Lod shorting
[09:59] {jfjf64> 70 short
[10:01] {jfjf64> Na invalid
[10:04] {jfjf64> .90 short axp
[10:05] {dino> deck hl l ave .48
[10:05] {jfjf64> Invalid
[10:11] {jfjf64> 77 break s axp
[10:12] {jfjf64> Invalid
[10:12] {jfjf64> Lol
[10:13] {jfjf64> Iwm
[10:13] {dino> wday sm l .23
[10:13] {jfjf64> Bottom in
[10:13] {jfjf64> ?
01[10:14] {@Threei> not sure
[10:14] {dino> drew, both those down hard, added based on market action
[10:15] {jfjf64> Axp 77 break s
[10:15] {dino> deck stop lod
[10:16] {dino> out wday .61, +.38
[10:17] {jfjf64> Invalid
[10:17] {dino> pcrx sm l .80
[10:19] {jfjf64> Trv s .70
[10:22] {jfjf64> Out flat
[10:22] {jfjf64> 1cent from 1:1
[10:29] {dino> wday hl l .75
[10:30] {jfjf64> Cat .35 break
[10:31] {dino> out pcrx .49, +.69
01[10:31] {@Threei> Long Setup: FB .20 break
01[10:31] {@Threei> If holds .10
[10:32] {jfjf64> Nice dino
[10:33] {dino> ty
01[10:34] {@Threei> 1:1
01[10:41] {@Threei> 1:2
[10:41] {jfjf64> Yo hit it nice fb
[10:41] {jfjf64> Cat 1:1
01[10:42] {@Threei> we are a pigeon today
[10:42] {jfjf64> ?
01[10:42] {@Threei> some days you are a pigoen, some days you are a statue
[10:43] {jfjf64> Ahh
01[10:43] {@Threei> :)
[10:43] {jfjf64> Me a cat right now
01[10:44] {@Threei> oh god
01[10:44] {@Threei> I envisioned jf meowing... I need a therapy
[10:45] {jfjf64> Meow
[10:45] {jfjf64> Nice vol
[10:46] {jfjf64> Slave to spy
[10:46] {jfjf64> What is our stop fb
01[10:47] {@Threei> .29
[10:47] {jfjf64> Cat died
[10:49] {jfjf64> How bout 82 for fb
[10:49] {dino> still prefer the bear analogy
[10:52] {jfjf64> Axp 77 break short
[10:52] {jfjf64> One more try
[10:52] {jfjf64> Invalid
[10:52] {jfjf64> Lol
[10:55] {dino> narrow range
[10:58] {jfjf64> Uvxy s .35 break
[10:58] {dino> added wday calls
[11:00] {jfjf64> Invalid
[11:02] {jfjf64> Anac one for you dino
[11:04] {dino> ty, but nah
[11:04] {dino> around 64 maybe
[11:14] {dino> htwr smr l .15
[11:16] {dino> wday smr l .94
[11:17] {jfjf64> Wuba 67 long
[11:18] {jfjf64> 500 shares
[11:18] {jfjf64> 25 c stop
[11:26] {jfjf64> B/e
[11:35] {dino> out deck .73, +.25
[11:36] {dino> out wday .33, +.39
01[11:38] {@Threei> nice back to back winners
01[11:38] {@Threei> Ahead of the US session, Chinese regulators said they would change regulations in order to tamp down margin trading, which has sent European and US equities to their lows of the week.
01[11:38] {@Threei> idiots
01[11:49] {@Threei> Long Setup: VXX .40 break
[11:51] {drewj> what type of setup is this?
01[11:51] {@Threei> pullback entry
02[11:58] * Disconnected
Session Close: Fri Apr 17 11:58:14 2015
Session Start: Fri Apr 17 11:58:14 2015
Session Ident: #discussions
02[11:58] * Attempting to rejoin channel #discussions
03[11:58] * Rejoined channel #discussions
01[12:13] {Threei> no go
[12:37] {dino> stuck in 20 point dji range
01[12:38] {Threei> yeah
01[12:38] {Threei> hoped for breakdown to take us out of the range
02[12:41] * Disconnected
Session Close: Fri Apr 17 12:41:09 2015
Session Start: Fri Apr 17 12:41:09 2015
Session Ident: #discussions
02[12:43] * Attempting to rejoin channel #discussions
03[12:43] * Rejoined channel #discussions
01[12:58] {Threei> Long Setup: FB .10 break
01[12:58] {Threei> If holds 81
[13:04] {drewj> Are you expecting SPY tp move up here?
[13:04] {drewj> to
01[13:05] {Threei> that's what chart shows
01[13:18] {Threei> be back in 30
01[13:18] {Threei> orders in place to manage FB
[13:37] {dino> btfd
01[13:41] {Threei> sliding down so far
[13:42] {dino> yeah, maybe wait until monday
[13:42] {dino> oh, btw, i'm off monday, golf turnament
01[13:46] {Threei> cool
[13:52] {dino> yeah, golf season finally starting here. will be taking some days off periodically until sept
01[13:54] {Threei> friki VXX
01[13:54] {Threei> got away
01[14:09] {Threei> Long Setup: FB .60 break
01[14:09] {Threei> If holds .50
01[14:11] {Threei> Invalidated
01[14:11] {Threei> change to .55 break
01[14:11] {Threei> If holds .45
[14:15] {dino> just a very slow drop
[14:15] {dino> volume light?
[14:15] {dino> feels so
01[14:16] {Threei> actually higher than yesterday
01[14:19] {Threei> change FB to .45 break
01[14:20] {Threei> 1:1
01[14:22] {Threei> 1:2
[14:34] {drewj> sino did you buy sage puts?
[14:35] {drewj> looks like a good choice at this point
[14:35] {drewj> dino
[14:37] {dino> lol i typed in sino
[14:37] {dino> no, the bios scare me
[14:37] {dino> wish i had
[14:39] {drewj> :)
[14:40] {drewj> they are really wild at times
[14:40] {dino> gotta hop, attorney appt. then happy hour. decent week, thx for ideas. back on tuesday
[14:40] {drewj> take care. good luck in the tourney
01[14:40] {Threei> have fun dino
[14:41] {dino> ty, enjoy the weekend
01[14:50] {Threei> Long Setup: FB .65 break
01[14:50] {Threei> If holds .55
[14:53] {drewj> You doing anything fun this weekend Vad?
01[14:53] {Threei> got a photoshoot on Sat... the rest of the weekend isd walking, bbqing
01[14:53] {Threei> Invalidated
[14:54] {drewj> What kind of photoshoots do you do?
01[14:55] {Threei> this one is for ballet school
01[14:55] {Threei> normally I am landscape/nature/wildlife photographer
01[14:55] {Threei> rarely people
[14:55] {drewj> I've seen your website. Cool stuff.
01[14:56] {Threei> ty
01[14:56] {Threei> my neck of the woods is beyond spectacular
01[14:56] {Threei> a lot of material
[14:57] {drewj> I've seen pictures. How is the weather there?
01[14:57] {Threei> best in Canada
01[14:57] {Threei> no snow
01[14:57] {Threei> rarely freezing temps, and very briefly
[14:57] {drewj> You ski?
01[14:57] {Threei> nah
[14:57] {drewj> More like California then
01[14:57] {Threei> not that hot
01[14:58] {Threei> summer is much more moderate
01[14:58] {Threei> winter is more rainy
01[14:58] {Threei> I'd say, add Portland to San Diego and divide by two :)
[15:01] {cosmo> they've done that with their sports teams
01[15:01] {Threei> lol
01[15:13] {Threei> FB is valid again
[15:23] {drewj> is this pullback entry also?
01[15:25] {Threei> rather break of a consolidation range
[15:26] {drewj> so you enter at the bottom of the range?
01[15:29] {Threei> well, .65 was the top
01[15:31] {Threei> here we go
[15:33] {drewj> Sorry. I'm really tired. I thought the entry was .55
01[15:34] {Threei> let's finish then
[15:34] {drewj> I'm going to take a nap!
01[15:34] {Threei> see you monday
[15:34] {drewj> Have a nice weekend. Thanks for everything Vad
01[15:34] {Threei> :)
Session Time: Fri Apr 17 00:00:00 2015
[09:15] {dino> gm
01[09:16] {@Threei> dino :)
[09:18] {jfjf64> Mornin
01[09:19] {@Threei> jf :)
[09:19] {drewj> Hi guys
01[09:19] {@Threei> drew :)
[09:29] {dino> china stocks bloody
01[09:30] {@Threei> Upside:
01[09:30] {@Threei> -RXII +20% (received FDA orphan drug designation for Samcyprone)
01[09:30] {@Threei> -CE +12.5% (earnings)
01[09:30] {@Threei> -IGTE +8.2% (earnings/takeover speculation)
01[09:30] {@Threei> -MAT +8 % (earnings)
01[09:30] {@Threei> -BMY +4% (positive Phase 3 Opdivo lung cancer trial)
01[09:30] {@Threei> -SLB +2.8% (earnings)
01[09:30] {@Threei> -ICPT +2.5% (positive broker commentary)
01[09:30] {@Threei> Downside:
01[09:30] {@Threei> -ATHX -52% (Phase 2 multistem cell therapy for ischemic stroke missed endpoints; PFE also down marginally on the news)
01[09:30] {@Threei> -PRO -16% (cutting outlook)
01[09:30] {@Threei> -AMD -12% (earnings)
01[09:30] {@Threei> -NOW -8% (earnings)
01[09:30] {@Threei> -MTW -7% (final determination in Sany patent litigation)
01[09:30] {@Threei> -WUBA -6% (confirmed takeover of Ganji)
01[09:30] {@Threei> -AKBA -5.7% (priced 7.3M shares at $8.25/shr)
[09:32] {jfjf64> Wuba
01[09:32] {@Threei> Long Setup: IWM .10 break
01[09:32] {@Threei> If holds 125
01[09:32] {@Threei> 1:1
01[09:33] {@Threei> 1:2
[09:34] {dino> now blood
01[09:35] {@Threei> 1:3
01[09:35] {@Threei> out and happy
[09:36] {jfjf64> Ty
01[09:36] {@Threei> yw
[09:37] {dino> gj
[09:38] {jfjf64> Apc long.10
[09:39] {jfjf64> 1:1 1:2
[09:39] {dino> gj
[09:41] {jfjf64> Out
[09:41] {jfjf64> Ty
[09:42] {jfjf64> Gettin ugly
[09:42] {dino> anybody use optionshouse/trademonster? can't log in
01[09:42] {@Threei> Long Setup: VXX .25 break
01[09:43] {@Threei> If holds .15
[09:43] {jfjf64> Die mkt
[09:44] {jfjf64> 8 hrs of gettin hit
01[09:44] {@Threei> 1:1
01[09:45] {@Threei> 1:2
[09:45] {jfjf64> Love it
[09:46] {drewj> Great start Vad
01[09:48] {@Threei> as jf once said... "I see you've done it before"
[09:49] {jfjf64> Lol
[09:50] {jfjf64> Stay with vxx
[09:50] {jfjf64> Imo
[09:53] {jfjf64> Axp dead
[09:56] {jfjf64> Lod shorting
[09:59] {jfjf64> 70 short
[10:01] {jfjf64> Na invalid
[10:04] {jfjf64> .90 short axp
[10:05] {dino> deck hl l ave .48
[10:05] {jfjf64> Invalid
[10:11] {jfjf64> 77 break s axp
[10:12] {jfjf64> Invalid
[10:12] {jfjf64> Lol
[10:13] {jfjf64> Iwm
[10:13] {dino> wday sm l .23
[10:13] {jfjf64> Bottom in
[10:13] {jfjf64> ?
01[10:14] {@Threei> not sure
[10:14] {dino> drew, both those down hard, added based on market action
[10:15] {jfjf64> Axp 77 break s
[10:15] {dino> deck stop lod
[10:16] {dino> out wday .61, +.38
[10:17] {jfjf64> Invalid
[10:17] {dino> pcrx sm l .80
[10:19] {jfjf64> Trv s .70
[10:22] {jfjf64> Out flat
[10:22] {jfjf64> 1cent from 1:1
[10:29] {dino> wday hl l .75
[10:30] {jfjf64> Cat .35 break
[10:31] {dino> out pcrx .49, +.69
01[10:31] {@Threei> Long Setup: FB .20 break
01[10:31] {@Threei> If holds .10
[10:32] {jfjf64> Nice dino
[10:33] {dino> ty
01[10:34] {@Threei> 1:1
01[10:41] {@Threei> 1:2
[10:41] {jfjf64> Yo hit it nice fb
[10:41] {jfjf64> Cat 1:1
01[10:42] {@Threei> we are a pigeon today
[10:42] {jfjf64> ?
01[10:42] {@Threei> some days you are a pigoen, some days you are a statue
[10:43] {jfjf64> Ahh
01[10:43] {@Threei> :)
[10:43] {jfjf64> Me a cat right now
01[10:44] {@Threei> oh god
01[10:44] {@Threei> I envisioned jf meowing... I need a therapy
[10:45] {jfjf64> Meow
[10:45] {jfjf64> Nice vol
[10:46] {jfjf64> Slave to spy
[10:46] {jfjf64> What is our stop fb
01[10:47] {@Threei> .29
[10:47] {jfjf64> Cat died
[10:49] {jfjf64> How bout 82 for fb
[10:49] {dino> still prefer the bear analogy
[10:52] {jfjf64> Axp 77 break short
[10:52] {jfjf64> One more try
[10:52] {jfjf64> Invalid
[10:52] {jfjf64> Lol
[10:55] {dino> narrow range
[10:58] {jfjf64> Uvxy s .35 break
[10:58] {dino> added wday calls
[11:00] {jfjf64> Invalid
[11:02] {jfjf64> Anac one for you dino
[11:04] {dino> ty, but nah
[11:04] {dino> around 64 maybe
[11:14] {dino> htwr smr l .15
[11:16] {dino> wday smr l .94
[11:17] {jfjf64> Wuba 67 long
[11:18] {jfjf64> 500 shares
[11:18] {jfjf64> 25 c stop
[11:26] {jfjf64> B/e
[11:35] {dino> out deck .73, +.25
[11:36] {dino> out wday .33, +.39
01[11:38] {@Threei> nice back to back winners
01[11:38] {@Threei> Ahead of the US session, Chinese regulators said they would change regulations in order to tamp down margin trading, which has sent European and US equities to their lows of the week.
01[11:38] {@Threei> idiots
01[11:49] {@Threei> Long Setup: VXX .40 break
[11:51] {drewj> what type of setup is this?
01[11:51] {@Threei> pullback entry
02[11:58] * Disconnected
Session Close: Fri Apr 17 11:58:14 2015
Session Start: Fri Apr 17 11:58:14 2015
Session Ident: #discussions
02[11:58] * Attempting to rejoin channel #discussions
03[11:58] * Rejoined channel #discussions
01[12:13] {Threei> no go
[12:37] {dino> stuck in 20 point dji range
01[12:38] {Threei> yeah
01[12:38] {Threei> hoped for breakdown to take us out of the range
02[12:41] * Disconnected
Session Close: Fri Apr 17 12:41:09 2015
Session Start: Fri Apr 17 12:41:09 2015
Session Ident: #discussions
02[12:43] * Attempting to rejoin channel #discussions
03[12:43] * Rejoined channel #discussions
01[12:58] {Threei> Long Setup: FB .10 break
01[12:58] {Threei> If holds 81
[13:04] {drewj> Are you expecting SPY tp move up here?
[13:04] {drewj> to
01[13:05] {Threei> that's what chart shows
01[13:18] {Threei> be back in 30
01[13:18] {Threei> orders in place to manage FB
[13:37] {dino> btfd
01[13:41] {Threei> sliding down so far
[13:42] {dino> yeah, maybe wait until monday
[13:42] {dino> oh, btw, i'm off monday, golf turnament
01[13:46] {Threei> cool
[13:52] {dino> yeah, golf season finally starting here. will be taking some days off periodically until sept
01[13:54] {Threei> friki VXX
01[13:54] {Threei> got away
01[14:09] {Threei> Long Setup: FB .60 break
01[14:09] {Threei> If holds .50
01[14:11] {Threei> Invalidated
01[14:11] {Threei> change to .55 break
01[14:11] {Threei> If holds .45
[14:15] {dino> just a very slow drop
[14:15] {dino> volume light?
[14:15] {dino> feels so
01[14:16] {Threei> actually higher than yesterday
01[14:19] {Threei> change FB to .45 break
01[14:20] {Threei> 1:1
01[14:22] {Threei> 1:2
[14:34] {drewj> sino did you buy sage puts?
[14:35] {drewj> looks like a good choice at this point
[14:35] {drewj> dino
[14:37] {dino> lol i typed in sino
[14:37] {dino> no, the bios scare me
[14:37] {dino> wish i had
[14:39] {drewj> :)
[14:40] {drewj> they are really wild at times
[14:40] {dino> gotta hop, attorney appt. then happy hour. decent week, thx for ideas. back on tuesday
[14:40] {drewj> take care. good luck in the tourney
01[14:40] {Threei> have fun dino
[14:41] {dino> ty, enjoy the weekend
01[14:50] {Threei> Long Setup: FB .65 break
01[14:50] {Threei> If holds .55
[14:53] {drewj> You doing anything fun this weekend Vad?
01[14:53] {Threei> got a photoshoot on Sat... the rest of the weekend isd walking, bbqing
01[14:53] {Threei> Invalidated
[14:54] {drewj> What kind of photoshoots do you do?
01[14:55] {Threei> this one is for ballet school
01[14:55] {Threei> normally I am landscape/nature/wildlife photographer
01[14:55] {Threei> rarely people
[14:55] {drewj> I've seen your website. Cool stuff.
01[14:56] {Threei> ty
01[14:56] {Threei> my neck of the woods is beyond spectacular
01[14:56] {Threei> a lot of material
[14:57] {drewj> I've seen pictures. How is the weather there?
01[14:57] {Threei> best in Canada
01[14:57] {Threei> no snow
01[14:57] {Threei> rarely freezing temps, and very briefly
[14:57] {drewj> You ski?
01[14:57] {Threei> nah
[14:57] {drewj> More like California then
01[14:57] {Threei> not that hot
01[14:58] {Threei> summer is much more moderate
01[14:58] {Threei> winter is more rainy
01[14:58] {Threei> I'd say, add Portland to San Diego and divide by two :)
[15:01] {cosmo> they've done that with their sports teams
01[15:01] {Threei> lol
01[15:13] {Threei> FB is valid again
[15:23] {drewj> is this pullback entry also?
01[15:25] {Threei> rather break of a consolidation range
[15:26] {drewj> so you enter at the bottom of the range?
01[15:29] {Threei> well, .65 was the top
01[15:31] {Threei> here we go
[15:33] {drewj> Sorry. I'm really tired. I thought the entry was .55
01[15:34] {Threei> let's finish then
[15:34] {drewj> I'm going to take a nap!
01[15:34] {Threei> see you monday
[15:34] {drewj> Have a nice weekend. Thanks for everything Vad
01[15:34] {Threei> :)
Thursday, April 16, 2015
Apr 16 2015
Nice follow through, isn't it? Pleasure to see when the pattern is holding so strongly
(Chart's courtesy of a broker)
Session Time: Thu Apr 16 00:00:00 2015
[09:13] {dino} gm
01[09:14] {@Threei} dino :)
[09:14] {drewj} Good Morning guys
01[09:18] {@Threei} drew :)
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -INVE +36% (partnered with CSCO to provide physical access systems for internet of everything)
01[09:27] {@Threei} -TZOO +18% (earnings)
01[09:27] {@Threei} -PNRA +13% (positive broker commentary)
01[09:27] {@Threei} -NFLX +12% (earnings)
01[09:27] {@Threei} -ROSG +8.5% received key patent allowance for cancer of origin diagnostic assay)
01[09:27] {@Threei} -CGIX +6.2% (received NYS licensure for FHACTcervical cancer test)
01[09:27] {@Threei} -PM +5.4% (earnings)
01[09:27] {@Threei} -RCPT +4.5% (reported positive results of Phase 2 TOUCHSTONE maintenance period trial of Ozanimod)
01[09:27] {@Threei} -SPWR +3.8% (China joint venture partners with Apple to provide solar power to the environmentally-preserved ABA region)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -PTX -12% (guides Q1 Rev $32-35M, affirms FY Rev guidance)
01[09:27] {@Threei} -PCRX -9% (received subpoena from DoJ regarding EXPAREL marketing & promotional practices)
01[09:27] {@Threei} -SNDK -7.3% (earnings)
01[09:27] {@Threei} -CPLP -6.5% (hearing 12.8M shares priced at $9.53/shr)
01[09:27] {@Threei} -MTDR -6.3% (offering 7M shares)
01[09:27] {@Threei} -GPOR -2.2% (upsizes offering to 9.5M common shares at $47.75/shr)
[09:30] {jfjf64} Mornin all
01[09:30] {@Threei} jf :)
01[09:31] {@Threei} Short Setup: FB .50 break
01[09:31] {@Threei} If holds .60
01[09:31] {@Threei} Invalidated
[09:34] {jfjf64} Dal s. Here
[09:35] {jfjf64} 1:1
[09:35] {jfjf64} 1:2
01[09:36] {@Threei} Short Setup: MCD .30 break
01[09:36] {@Threei} If holds .40
[09:37] {jfjf64} Hit the bid mac
01[09:38] {@Threei} 1:1
[09:39] {jfjf64} Think we get to .95
01[09:41] {@Threei} Short Setup: FB .80 break
01[09:41] {@Threei} If holds .90
01[09:47] {@Threei} oh come on already
01[09:47] {@Threei} die while we are young
01[09:47] {@Threei} 1:1
01[09:47] {@Threei} finally
[09:48] {dino} pcrx smr l .85
[09:48] {dino} wide
01[09:51] {@Threei} 1:2
[09:52] {jfjf64} Chk .75 long
01[09:53] {@Threei} Long Setup: JPM .80 break
01[09:53] {@Threei} If holds .74
01[09:53] {@Threei} 1:3 FB
01[09:53] {@Threei} out
[09:53] {jfjf64} Ty
01[09:55] {@Threei} yw
[09:56] {jfjf64} Ace .40 long
01[09:57] {@Threei} 1:1 JPM
[09:57] {jfjf64} Chk invalid
01[10:05] {@Threei} visual: http://tradinglog.realitytrader.com/2015/04/apr-16-2015.html
01[10:09] {@Threei} wow FB
[10:12] {dino} pcrx stop
[10:13] {jfjf64} Ace 1:1
[10:14] {jfjf64} Small shares
[10:14] {dino} gj
[10:18] {dino} pcrx smr l .50
[10:19] {drewj} Long FB here?
[10:19] {drewj} Vad
01[10:20] {@Threei} not sure
[10:20] {drewj} not a bounce with a mini range?
01[10:22] {@Threei} more or less, but market is locked in a range
[10:23] {drewj} OK. So no market impulse to help follow through?
01[10:23] {@Threei} right
01[10:23] {@Threei} Short Setup: TWTR .20 break
01[10:23] {@Threei} If holds .30
[10:24] {drewj} So market impulse helps the probablity of setups working?
[10:25] {jfjf64} Flag in nice dino
01[10:25] {@Threei} those stocks that tend to follow the market
[10:26] {dino} pcrx first time rinsed
[10:27] {dino} drew, bingo
[10:27] {dino} damn that pcrx air gaps down
[10:27] {drewj} dino do you use market impulse in your system?
[10:27] {jfjf64} Yeah watchin
[10:28] {jfjf64} Looked like was going to sail up
[10:28] {dino} on fast capitulations and euphoric spikes
[10:28] {dino} on stocks that drop a few points over a few hours w/market dropping, yes. when market turns, they should turn
[10:29] {dino} correction; on fast drops/spikes, no
[10:29] {jfjf64} Twtr still valid vg correct
[10:29] {drewj} So you are timing stocks that move a lot with the market?
01[10:29] {@Threei} no
01[10:29] {@Threei} over .30
[10:30] {jfjf64} Fast push up
[10:30] {drewj} So dino is using stocks that move over .30?
[10:30] {drewj} sorry
[10:30] {dino} no, my bread and butter is the fast capitulation drops and fast euphoric spikes. they have nothing to do with market. my trading edge is i try to stay away from the "macro". i.e "better worlds"
[10:30] {drewj} wrong conversation
[10:30] {drewj} :)
[10:30] {jfjf64} Twtr short here
[10:30] {jfjf64} .35
[10:30] {jfjf64} ?
01[10:31] {@Threei} nah
[10:31] {dino} give me something moving 2 buck or more fast, i want to go opposite
[10:31] {drewj} ok
[10:32] {dino} 80% of my trades operating in their own "better" world, not market dependent
[10:32] {drewj} gotcha
[10:33] {drewj} how do you use options?
01[10:34] {@Threei} wow
01[10:34] {@Threei} got a few weeks, drew? :)
[10:34] {drewj} Actually
[10:34] {drewj} I do:)
[10:35] {dino} extrapolating on my capitulation/euphoria edge. stock crushed on decent news, i will buy calls 90 days out. stock spikes on ave news, puts 90. occasionally, i bet a market turn through vxx calls or puts on dia/spy/qqq
[10:35] {dino} now that you know all of this, you are set for termination
01[10:35] {@Threei} Long Setup: FB .20 break
[10:35] {dino} nhtc drop
[10:35] {drewj} Vad said he's going to kill me too
[10:36] {dino} lol
[10:36] {drewj} Violent room
[10:36] {dino} look nhtc
[10:36] {dino} 1.50 fast drop, very nice
01[10:36] {@Threei} If holds .15
[10:38] {dino} we are looking for a higher low nhtc
[10:38] {dino} 20.60 could be supp
[10:39] {jfjf64} Ace 1:2
01[10:39] {@Threei} 1:1
[10:39] {dino} gj
[10:39] {jfjf64} Ty
[10:39] {jfjf64} Go fb
[10:39] {jfjf64} Nice candle
[10:40] {jfjf64} Woke me up
[10:40] {dino} nhtc sm l .80
[10:40] {dino} stop is .49
01[10:40] {@Threei} 1:2
[10:41] {dino} stopped
[10:41] {dino} -.30
[10:42] {jfjf64} 21 matey support dino
01[10:42] {@Threei} drew, see how SPY spike took FB with it?
[10:42] {jfjf64} Maybe
[10:42] {jfjf64} Nope
[10:42] {dino} here comes that 20.60 i mentioned
[10:42] {jfjf64} Now dino
[10:42] {drewj} I see Vad
[10:43] {jfjf64} 21 break
[10:43] {jfjf64} Imo
[10:43] {jfjf64} Spread is tough dino
[10:44] {dino} sm l .50
[10:44] {dino} 20 strike into play
[10:44] {dino} pulp
[10:46] {jfjf64} Where stop fb
[10:46] {jfjf64} Vg
[10:46] {jfjf64} 1:3 ace
01[10:46] {@Threei} under .30
[10:47] {jfjf64} Ty sir
[10:47] {jfjf64} Very busy here
[10:47] {jfjf64} 1:4 ace
[10:48] {dino} jf, yeah hooker spread, but sm size could handle a .50 stop np (not that I want one)
[10:48] {dino} tightening, good sign
[10:48] {jfjf64} You in
[10:48] {dino} yes 20.50
[10:49] {jfjf64} Good boy
[10:49] {dino} i like quarter multiples
01[10:49] {@Threei} 1:3
01[10:49] {@Threei} out
[10:49] {dino} gj
[10:49] {jfjf64} Ty vg
[10:51] {jfjf64} ? Why did you leave vg I'm out also I see res at .55
01[10:52] {@Threei} it'll depend .SPY breaking .40
01[10:52] {@Threei} which is 50/50
[10:53] {dino} drew, you see market has no effect on this nhtc drop play
[10:53] {jfjf64} Ty sir
[10:54] {dino} out .90, +.40
[10:54] {drewj} Yup
[10:55] {jfjf64} Let's go ace
[10:55] {jfjf64} Breaks 200 ma
[10:56] {dino} tricked me, thought it would test 20.50 again
[10:56] {dino} maybe
[10:56] {jfjf64} 1:5 ace
[10:57] {jfjf64} Yo using ma for stop
[10:57] {jfjf64} 13 ma
[10:58] {dino} gj
[10:58] {dino} nhtc sm l .21
[10:58] {jfjf64} 112 hole number big res
[10:59] {dino} stop .99
[10:59] {dino} c'mon tighten up
[11:00] {drewj} Honestly Vad I am really sticking to learning your system. I do like to see how other people trade. I don't want to get confused by too many styles.
[11:00] {dino} drew, stick with vad
[11:00] {drewj} I am dino
[11:01] {dino} good, most don't see what i see
[11:01] {drewj} Your options plays are interesting to me.
[11:01] {dino} plus my style has hours of downtime, which gets boring
[11:01] {drewj} I have traded them for years and have had some success there.
[11:02] {dino} just started last june
[11:02] {dino} averaging about 3k/month on them
[11:03] {drewj} that's awesome
[11:03] {dino} lucky
[11:03] {drewj} doubtful
[11:04] {dino} some months negative, but overall up big
[11:04] {drewj} how much do you use on each trade?
[11:04] {dino} but i buy time, so it allows for swings
[11:04] {drewj} 90 days is plenty
[11:04] {dino} $3k max, always 5 contracts and up. simple math
[11:05] {dino} biggest is 20 contracts
[11:05] {drewj} do you have a time limit...like getting out with a certain time remaining?
[11:05] {dino} like to be out at 45 days prior to exp
[11:05] {drewj} futures or stocks?
[11:05] {drewj} ok
[11:05] {jfjf64} :6
[11:05] {dino} stocks
[11:06] {jfjf64} 1:6 ace
[11:06] {dino} stock options
[11:06] {drewj} how do you do your stop loss? on stock price?
[11:06] {jfjf64} Stop .95
[11:06] {dino} 50% contract price
[11:06] {drewj} really? ok
[11:07] {drewj} only buying options? No selling?
[11:07] {dino} only covered calls or puts, not naked
[11:08] {dino} but not often, i do not like holding stock overnight, has to be unique situation in my mind
[11:08] {drewj} like the end of a capitulation after bad news?
[11:08] {dino} yes. that is when i buy calls
[11:09] {drewj} you do calls more often than puts?
[11:09] {dino} yes
[11:09] {drewj} 80/20?
[11:09] {dino} bull market hurts puts
[11:09] {drewj} sure. they do change price faster though
[11:10] {drewj} volatility helps them
[11:10] {jfjf64} 1:7 ace
[11:10] {dino} stock trade wise i'm about 50/50
[11:10] {dino} nhtc, that was close
[11:10] {jfjf64} Stop 112
[11:10] {dino} jf awesome
[11:11] {jfjf64} Ty
[11:11] {jfjf64} Looks over will see
[11:13] {dino} pcrx stop flat, hmmm
[11:16] {jfjf64} Aet pop
[11:17] {dino} anac spike
[11:17] {jfjf64} 1:8 ace
[11:17] {jfjf64} Stop .12
06[11:17] * dino slaps jfjf64 around a bit with a large trout
[11:17] {dino} :)
[11:19] {jfjf64} All out
[11:19] {jfjf64} Ty
[11:19] {dino} cybr drop
[11:20] {jfjf64} Nhtc
[11:20] {dino} in it
[11:20] {jfjf64} Oh good
[11:21] {jfjf64} Price
[11:21] {dino} 20.21
[11:22] {dino} posted above
[11:23] {dino} sage at it again, 2ndary yesterday at 52.50 and it goes up 10 pts off it
[11:23] {dino} maybe puts on that drew
[11:25] {dino} out .50 nhtc +.29. meeting in 30, gotta hop for hour or so
[11:26] {jfjf64} Good job
[11:27] {jfjf64} Vxxvg
01[11:28] {@Threei} that's weird symbol
[11:28] {dino} ty
[11:28] {jfjf64} Lol
01[11:39] {@Threei} Spiking Greek government debt yields and CDS prices reflected renewed fears of a sovereign default by Greece and forced European equity indices lower this morning.
[11:47] {jfjf64} Gonna grab bite to eat
[11:48] {jfjf64} Maybe big mac
01[11:51] {@Threei} Long Setup: ETSY .60 break hl
01[11:52] {@Threei} Invalidated
01[11:59] {@Threei} Long Setup: ETSY .40 break hl
01[11:59] {@Threei} If holds .25
01[12:00] {@Threei} 1:1
01[12:01] {@Threei} 1:2
[12:46] {dino} .
[12:46] {dino} might have just sold that house that the deal fell apart on this past monday
01[12:47] {@Threei} wow
01[12:47] {@Threei} financing came through?
01[12:47] {@Threei} or a different buyer?
[12:47] {dino} different buyer, yeah, shocked me too, offered cash no financing 20 day close, only 3k lower than i wanted. think i will take it and move on to another
01[12:48] {@Threei} nice, congratulations
[12:48] {dino} ty
[12:49] {drewj} Yeah good for you...
[12:50] {dino} ty, got lucky
[12:50] {drewj} You are one lucky dude:)
[12:50] {dino} sometimes you make your luck, ;)
[12:51] {drewj} Most of the time
[12:51] {dino} yes
[12:51] {drewj} You in any options plays right now?
[12:52] {dino} a few
[12:53] {cosmo} before you can be lucky, you gotta be good
[12:53] {cosmo} Coach Steve Fisher
[12:54] {dino} wow pcrx dropped 4 bucks while i was away
[12:55] {drewj} Do you mind telling me which ones you are in?
[12:56] {dino} june 25 vdsi, gern jan 3, lc, jul 21
[12:56] {dino} shld jan 47
[12:57] {dino} ll aug 35
[12:57] {drewj} thanks
[12:57] {dino} don't trade them because i did, due your homework
[12:57] {dino} do
[13:00] {drewj} I won't dino. I do want to figure out how you trade them though.
[13:06] {dino} not sure it will make sense, some of its gut
[13:07] {dino} but wondering if sage is ready for son puts (altho bios can be crazy)
[13:08] {dino} some
[13:09] {drewj} what is the max you will go for spread on options? Most are fairly wide.
[13:15] {dino} depends
[13:23] {drewj} Dino do you buy in the money or out of the money?
[13:23] {dino} mostly itm
01[13:30] {@Threei} be back in 30
[13:30] {dino} gotta hop for hour again, collecting 10% deposit
[14:19] {dino} .
01[14:27] {@Threei} back?
[14:29] {dino} yes
[14:31] {drewj} spy took off
01[14:37] {@Threei} Long Setup: FB .45 break
01[14:37] {@Threei} If holds .35
01[14:43] {@Threei} stop to .39
[14:46] {dino} dumb mistake, forgot to cx pcrx call order, i'm in them
01[14:47] {@Threei} now it has to take it as a great confidence and try to rise to occasion
[14:48] {dino} drew, these are the may 85s
[14:48] {dino} forgot order was open when went to show that house
[14:48] {drewj} would you rather have cancelled it?
[14:49] {dino} not now, .20 itm on the bid
[14:49] {dino} should've cx'd it tho, stupid mistake
[14:50] {dino} lol, just sold 5.20, +1.20 on 5 calls, or 30%
[14:50] {dino} i should play the lottery today
[14:51] {drewj} Looks like PCRX got in trouble with the government
01[14:51] {@Threei} 1:1
[14:52] {dino} investigation only at this point in time
[14:52] {dino} nhtc odd
[14:57] {drewj} enough to cause a drop in PCRX anyway
[14:58] {dino} usually they do drop hard, but at investigation only point they usually recover most of the drop the same day or two
[14:58] {dino} keep you eye on it tomorrow
[15:00] {drewj} so you need to get out before they are found guilty:)
[15:02] {dino} this investigation will most likely take months
[15:02] {jfjf64} How was afternoon
[15:03] {jfjf64} Bad connection here
01[15:03] {@Threei} 1:1 on FB
01[15:03] {@Threei} still on
[15:05] {drewj} So are trying to enter your options order at the end of capitulation move?
[15:07] {dino} yes
[15:07] {jfjf64} Has .20 break
[15:08] {dino} drew, when i entered my order, the bid was 3.70, ask 6.20, i entered 4.00
[15:09] {dino} panic widens them
[15:13] {drewj} So you offer on the lower side of the bid hoping that someone will take it?
[15:14] {dino} bingo
[15:14] {jfjf64} Has 1:1
[15:24] {jfjf64} Little hit
[15:27] {jfjf64} Dal s 45 break
[15:29] {drewj} Got to go. Have a great day.
[15:29] {dino} cya
01[15:29] {@Threei} take care drew
[15:29] {drewj} Thanks for the input dino. Hope it wasn't too much.
[15:29] {drewj} You too Vad.
[15:29] {dino} np
01[15:31] {@Threei} Long Setup: VXX .60 break
01[15:36] {@Threei} meh
01[15:43] {@Threei} OK guys, done for the day. Nice morning, boring afternoon
[15:46] {jfjf64} Gn ty
[15:47] {dino} me too, gn all
Session Time: Thu Apr 16 00:00:00 2015
[09:13] {dino} gm
01[09:14] {@Threei} dino :)
[09:14] {drewj} Good Morning guys
01[09:18] {@Threei} drew :)
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -INVE +36% (partnered with CSCO to provide physical access systems for internet of everything)
01[09:27] {@Threei} -TZOO +18% (earnings)
01[09:27] {@Threei} -PNRA +13% (positive broker commentary)
01[09:27] {@Threei} -NFLX +12% (earnings)
01[09:27] {@Threei} -ROSG +8.5% received key patent allowance for cancer of origin diagnostic assay)
01[09:27] {@Threei} -CGIX +6.2% (received NYS licensure for FHACTcervical cancer test)
01[09:27] {@Threei} -PM +5.4% (earnings)
01[09:27] {@Threei} -RCPT +4.5% (reported positive results of Phase 2 TOUCHSTONE maintenance period trial of Ozanimod)
01[09:27] {@Threei} -SPWR +3.8% (China joint venture partners with Apple to provide solar power to the environmentally-preserved ABA region)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -PTX -12% (guides Q1 Rev $32-35M, affirms FY Rev guidance)
01[09:27] {@Threei} -PCRX -9% (received subpoena from DoJ regarding EXPAREL marketing & promotional practices)
01[09:27] {@Threei} -SNDK -7.3% (earnings)
01[09:27] {@Threei} -CPLP -6.5% (hearing 12.8M shares priced at $9.53/shr)
01[09:27] {@Threei} -MTDR -6.3% (offering 7M shares)
01[09:27] {@Threei} -GPOR -2.2% (upsizes offering to 9.5M common shares at $47.75/shr)
[09:30] {jfjf64} Mornin all
01[09:30] {@Threei} jf :)
01[09:31] {@Threei} Short Setup: FB .50 break
01[09:31] {@Threei} If holds .60
01[09:31] {@Threei} Invalidated
[09:34] {jfjf64} Dal s. Here
[09:35] {jfjf64} 1:1
[09:35] {jfjf64} 1:2
01[09:36] {@Threei} Short Setup: MCD .30 break
01[09:36] {@Threei} If holds .40
[09:37] {jfjf64} Hit the bid mac
01[09:38] {@Threei} 1:1
[09:39] {jfjf64} Think we get to .95
01[09:41] {@Threei} Short Setup: FB .80 break
01[09:41] {@Threei} If holds .90
01[09:47] {@Threei} oh come on already
01[09:47] {@Threei} die while we are young
01[09:47] {@Threei} 1:1
01[09:47] {@Threei} finally
[09:48] {dino} pcrx smr l .85
[09:48] {dino} wide
01[09:51] {@Threei} 1:2
[09:52] {jfjf64} Chk .75 long
01[09:53] {@Threei} Long Setup: JPM .80 break
01[09:53] {@Threei} If holds .74
01[09:53] {@Threei} 1:3 FB
01[09:53] {@Threei} out
[09:53] {jfjf64} Ty
01[09:55] {@Threei} yw
[09:56] {jfjf64} Ace .40 long
01[09:57] {@Threei} 1:1 JPM
[09:57] {jfjf64} Chk invalid
01[10:05] {@Threei} visual: http://tradinglog.realitytrader.com/2015/04/apr-16-2015.html
01[10:09] {@Threei} wow FB
[10:12] {dino} pcrx stop
[10:13] {jfjf64} Ace 1:1
[10:14] {jfjf64} Small shares
[10:14] {dino} gj
[10:18] {dino} pcrx smr l .50
[10:19] {drewj} Long FB here?
[10:19] {drewj} Vad
01[10:20] {@Threei} not sure
[10:20] {drewj} not a bounce with a mini range?
01[10:22] {@Threei} more or less, but market is locked in a range
[10:23] {drewj} OK. So no market impulse to help follow through?
01[10:23] {@Threei} right
01[10:23] {@Threei} Short Setup: TWTR .20 break
01[10:23] {@Threei} If holds .30
[10:24] {drewj} So market impulse helps the probablity of setups working?
[10:25] {jfjf64} Flag in nice dino
01[10:25] {@Threei} those stocks that tend to follow the market
[10:26] {dino} pcrx first time rinsed
[10:27] {dino} drew, bingo
[10:27] {dino} damn that pcrx air gaps down
[10:27] {drewj} dino do you use market impulse in your system?
[10:27] {jfjf64} Yeah watchin
[10:28] {jfjf64} Looked like was going to sail up
[10:28] {dino} on fast capitulations and euphoric spikes
[10:28] {dino} on stocks that drop a few points over a few hours w/market dropping, yes. when market turns, they should turn
[10:29] {dino} correction; on fast drops/spikes, no
[10:29] {jfjf64} Twtr still valid vg correct
[10:29] {drewj} So you are timing stocks that move a lot with the market?
01[10:29] {@Threei} no
01[10:29] {@Threei} over .30
[10:30] {jfjf64} Fast push up
[10:30] {drewj} So dino is using stocks that move over .30?
[10:30] {drewj} sorry
[10:30] {dino} no, my bread and butter is the fast capitulation drops and fast euphoric spikes. they have nothing to do with market. my trading edge is i try to stay away from the "macro". i.e "better worlds"
[10:30] {drewj} wrong conversation
[10:30] {drewj} :)
[10:30] {jfjf64} Twtr short here
[10:30] {jfjf64} .35
[10:30] {jfjf64} ?
01[10:31] {@Threei} nah
[10:31] {dino} give me something moving 2 buck or more fast, i want to go opposite
[10:31] {drewj} ok
[10:32] {dino} 80% of my trades operating in their own "better" world, not market dependent
[10:32] {drewj} gotcha
[10:33] {drewj} how do you use options?
01[10:34] {@Threei} wow
01[10:34] {@Threei} got a few weeks, drew? :)
[10:34] {drewj} Actually
[10:34] {drewj} I do:)
[10:35] {dino} extrapolating on my capitulation/euphoria edge. stock crushed on decent news, i will buy calls 90 days out. stock spikes on ave news, puts 90. occasionally, i bet a market turn through vxx calls or puts on dia/spy/qqq
[10:35] {dino} now that you know all of this, you are set for termination
01[10:35] {@Threei} Long Setup: FB .20 break
[10:35] {dino} nhtc drop
[10:35] {drewj} Vad said he's going to kill me too
[10:36] {dino} lol
[10:36] {drewj} Violent room
[10:36] {dino} look nhtc
[10:36] {dino} 1.50 fast drop, very nice
01[10:36] {@Threei} If holds .15
[10:38] {dino} we are looking for a higher low nhtc
[10:38] {dino} 20.60 could be supp
[10:39] {jfjf64} Ace 1:2
01[10:39] {@Threei} 1:1
[10:39] {dino} gj
[10:39] {jfjf64} Ty
[10:39] {jfjf64} Go fb
[10:39] {jfjf64} Nice candle
[10:40] {jfjf64} Woke me up
[10:40] {dino} nhtc sm l .80
[10:40] {dino} stop is .49
01[10:40] {@Threei} 1:2
[10:41] {dino} stopped
[10:41] {dino} -.30
[10:42] {jfjf64} 21 matey support dino
01[10:42] {@Threei} drew, see how SPY spike took FB with it?
[10:42] {jfjf64} Maybe
[10:42] {jfjf64} Nope
[10:42] {dino} here comes that 20.60 i mentioned
[10:42] {jfjf64} Now dino
[10:42] {drewj} I see Vad
[10:43] {jfjf64} 21 break
[10:43] {jfjf64} Imo
[10:43] {jfjf64} Spread is tough dino
[10:44] {dino} sm l .50
[10:44] {dino} 20 strike into play
[10:44] {dino} pulp
[10:46] {jfjf64} Where stop fb
[10:46] {jfjf64} Vg
[10:46] {jfjf64} 1:3 ace
01[10:46] {@Threei} under .30
[10:47] {jfjf64} Ty sir
[10:47] {jfjf64} Very busy here
[10:47] {jfjf64} 1:4 ace
[10:48] {dino} jf, yeah hooker spread, but sm size could handle a .50 stop np (not that I want one)
[10:48] {dino} tightening, good sign
[10:48] {jfjf64} You in
[10:48] {dino} yes 20.50
[10:49] {jfjf64} Good boy
[10:49] {dino} i like quarter multiples
01[10:49] {@Threei} 1:3
01[10:49] {@Threei} out
[10:49] {dino} gj
[10:49] {jfjf64} Ty vg
[10:51] {jfjf64} ? Why did you leave vg I'm out also I see res at .55
01[10:52] {@Threei} it'll depend .SPY breaking .40
01[10:52] {@Threei} which is 50/50
[10:53] {dino} drew, you see market has no effect on this nhtc drop play
[10:53] {jfjf64} Ty sir
[10:54] {dino} out .90, +.40
[10:54] {drewj} Yup
[10:55] {jfjf64} Let's go ace
[10:55] {jfjf64} Breaks 200 ma
[10:56] {dino} tricked me, thought it would test 20.50 again
[10:56] {dino} maybe
[10:56] {jfjf64} 1:5 ace
[10:57] {jfjf64} Yo using ma for stop
[10:57] {jfjf64} 13 ma
[10:58] {dino} gj
[10:58] {dino} nhtc sm l .21
[10:58] {jfjf64} 112 hole number big res
[10:59] {dino} stop .99
[10:59] {dino} c'mon tighten up
[11:00] {drewj} Honestly Vad I am really sticking to learning your system. I do like to see how other people trade. I don't want to get confused by too many styles.
[11:00] {dino} drew, stick with vad
[11:00] {drewj} I am dino
[11:01] {dino} good, most don't see what i see
[11:01] {drewj} Your options plays are interesting to me.
[11:01] {dino} plus my style has hours of downtime, which gets boring
[11:01] {drewj} I have traded them for years and have had some success there.
[11:02] {dino} just started last june
[11:02] {dino} averaging about 3k/month on them
[11:03] {drewj} that's awesome
[11:03] {dino} lucky
[11:03] {drewj} doubtful
[11:04] {dino} some months negative, but overall up big
[11:04] {drewj} how much do you use on each trade?
[11:04] {dino} but i buy time, so it allows for swings
[11:04] {drewj} 90 days is plenty
[11:04] {dino} $3k max, always 5 contracts and up. simple math
[11:05] {dino} biggest is 20 contracts
[11:05] {drewj} do you have a time limit...like getting out with a certain time remaining?
[11:05] {dino} like to be out at 45 days prior to exp
[11:05] {drewj} futures or stocks?
[11:05] {drewj} ok
[11:05] {jfjf64} :6
[11:05] {dino} stocks
[11:06] {jfjf64} 1:6 ace
[11:06] {dino} stock options
[11:06] {drewj} how do you do your stop loss? on stock price?
[11:06] {jfjf64} Stop .95
[11:06] {dino} 50% contract price
[11:06] {drewj} really? ok
[11:07] {drewj} only buying options? No selling?
[11:07] {dino} only covered calls or puts, not naked
[11:08] {dino} but not often, i do not like holding stock overnight, has to be unique situation in my mind
[11:08] {drewj} like the end of a capitulation after bad news?
[11:08] {dino} yes. that is when i buy calls
[11:09] {drewj} you do calls more often than puts?
[11:09] {dino} yes
[11:09] {drewj} 80/20?
[11:09] {dino} bull market hurts puts
[11:09] {drewj} sure. they do change price faster though
[11:10] {drewj} volatility helps them
[11:10] {jfjf64} 1:7 ace
[11:10] {dino} stock trade wise i'm about 50/50
[11:10] {dino} nhtc, that was close
[11:10] {jfjf64} Stop 112
[11:10] {dino} jf awesome
[11:11] {jfjf64} Ty
[11:11] {jfjf64} Looks over will see
[11:13] {dino} pcrx stop flat, hmmm
[11:16] {jfjf64} Aet pop
[11:17] {dino} anac spike
[11:17] {jfjf64} 1:8 ace
[11:17] {jfjf64} Stop .12
06[11:17] * dino slaps jfjf64 around a bit with a large trout
[11:17] {dino} :)
[11:19] {jfjf64} All out
[11:19] {jfjf64} Ty
[11:19] {dino} cybr drop
[11:20] {jfjf64} Nhtc
[11:20] {dino} in it
[11:20] {jfjf64} Oh good
[11:21] {jfjf64} Price
[11:21] {dino} 20.21
[11:22] {dino} posted above
[11:23] {dino} sage at it again, 2ndary yesterday at 52.50 and it goes up 10 pts off it
[11:23] {dino} maybe puts on that drew
[11:25] {dino} out .50 nhtc +.29. meeting in 30, gotta hop for hour or so
[11:26] {jfjf64} Good job
[11:27] {jfjf64} Vxxvg
01[11:28] {@Threei} that's weird symbol
[11:28] {dino} ty
[11:28] {jfjf64} Lol
01[11:39] {@Threei} Spiking Greek government debt yields and CDS prices reflected renewed fears of a sovereign default by Greece and forced European equity indices lower this morning.
[11:47] {jfjf64} Gonna grab bite to eat
[11:48] {jfjf64} Maybe big mac
01[11:51] {@Threei} Long Setup: ETSY .60 break hl
01[11:52] {@Threei} Invalidated
01[11:59] {@Threei} Long Setup: ETSY .40 break hl
01[11:59] {@Threei} If holds .25
01[12:00] {@Threei} 1:1
01[12:01] {@Threei} 1:2
[12:46] {dino} .
[12:46] {dino} might have just sold that house that the deal fell apart on this past monday
01[12:47] {@Threei} wow
01[12:47] {@Threei} financing came through?
01[12:47] {@Threei} or a different buyer?
[12:47] {dino} different buyer, yeah, shocked me too, offered cash no financing 20 day close, only 3k lower than i wanted. think i will take it and move on to another
01[12:48] {@Threei} nice, congratulations
[12:48] {dino} ty
[12:49] {drewj} Yeah good for you...
[12:50] {dino} ty, got lucky
[12:50] {drewj} You are one lucky dude:)
[12:50] {dino} sometimes you make your luck, ;)
[12:51] {drewj} Most of the time
[12:51] {dino} yes
[12:51] {drewj} You in any options plays right now?
[12:52] {dino} a few
[12:53] {cosmo} before you can be lucky, you gotta be good
[12:53] {cosmo} Coach Steve Fisher
[12:54] {dino} wow pcrx dropped 4 bucks while i was away
[12:55] {drewj} Do you mind telling me which ones you are in?
[12:56] {dino} june 25 vdsi, gern jan 3, lc, jul 21
[12:56] {dino} shld jan 47
[12:57] {dino} ll aug 35
[12:57] {drewj} thanks
[12:57] {dino} don't trade them because i did, due your homework
[12:57] {dino} do
[13:00] {drewj} I won't dino. I do want to figure out how you trade them though.
[13:06] {dino} not sure it will make sense, some of its gut
[13:07] {dino} but wondering if sage is ready for son puts (altho bios can be crazy)
[13:08] {dino} some
[13:09] {drewj} what is the max you will go for spread on options? Most are fairly wide.
[13:15] {dino} depends
[13:23] {drewj} Dino do you buy in the money or out of the money?
[13:23] {dino} mostly itm
01[13:30] {@Threei} be back in 30
[13:30] {dino} gotta hop for hour again, collecting 10% deposit
[14:19] {dino} .
01[14:27] {@Threei} back?
[14:29] {dino} yes
[14:31] {drewj} spy took off
01[14:37] {@Threei} Long Setup: FB .45 break
01[14:37] {@Threei} If holds .35
01[14:43] {@Threei} stop to .39
[14:46] {dino} dumb mistake, forgot to cx pcrx call order, i'm in them
01[14:47] {@Threei} now it has to take it as a great confidence and try to rise to occasion
[14:48] {dino} drew, these are the may 85s
[14:48] {dino} forgot order was open when went to show that house
[14:48] {drewj} would you rather have cancelled it?
[14:49] {dino} not now, .20 itm on the bid
[14:49] {dino} should've cx'd it tho, stupid mistake
[14:50] {dino} lol, just sold 5.20, +1.20 on 5 calls, or 30%
[14:50] {dino} i should play the lottery today
[14:51] {drewj} Looks like PCRX got in trouble with the government
01[14:51] {@Threei} 1:1
[14:52] {dino} investigation only at this point in time
[14:52] {dino} nhtc odd
[14:57] {drewj} enough to cause a drop in PCRX anyway
[14:58] {dino} usually they do drop hard, but at investigation only point they usually recover most of the drop the same day or two
[14:58] {dino} keep you eye on it tomorrow
[15:00] {drewj} so you need to get out before they are found guilty:)
[15:02] {dino} this investigation will most likely take months
[15:02] {jfjf64} How was afternoon
[15:03] {jfjf64} Bad connection here
01[15:03] {@Threei} 1:1 on FB
01[15:03] {@Threei} still on
[15:05] {drewj} So are trying to enter your options order at the end of capitulation move?
[15:07] {dino} yes
[15:07] {jfjf64} Has .20 break
[15:08] {dino} drew, when i entered my order, the bid was 3.70, ask 6.20, i entered 4.00
[15:09] {dino} panic widens them
[15:13] {drewj} So you offer on the lower side of the bid hoping that someone will take it?
[15:14] {dino} bingo
[15:14] {jfjf64} Has 1:1
[15:24] {jfjf64} Little hit
[15:27] {jfjf64} Dal s 45 break
[15:29] {drewj} Got to go. Have a great day.
[15:29] {dino} cya
01[15:29] {@Threei} take care drew
[15:29] {drewj} Thanks for the input dino. Hope it wasn't too much.
[15:29] {drewj} You too Vad.
[15:29] {dino} np
01[15:31] {@Threei} Long Setup: VXX .60 break
01[15:36] {@Threei} meh
01[15:43] {@Threei} OK guys, done for the day. Nice morning, boring afternoon
[15:46] {jfjf64} Gn ty
[15:47] {dino} me too, gn all
Wednesday, April 15, 2015
Apr 15 2105
Very solid day with a lot of nice plays. Notably, CELG 1:4 was the one that put us that far over the goal line that we could try and push for more without risking much.
Session Time: Wed Apr 15 00:00:00 2015
[09:04] {dino} gm
01[09:04] {@Threei} dino :)
[09:04] {drewj} gm guys
[09:05] {jfjf64} Mornin all
01[09:06] {@Threei} drew, jf :)
01[09:23] {@Threei} Upside:
01[09:23] {@Threei} -CLSN +27% (announced positive data from Phase 2 DIGNITY study)
01[09:23] {@Threei} -OTIV +12% (engaged Houlihan Lokey to explore strategic alternatives)
01[09:23] {@Threei} -ANGI +11% (CEO stepping down; raising FY15 Adj EBITDA guidance range)
01[09:23] {@Threei} -SWHC +11% (raised Q4 guidance)
01[09:23] {@Threei} -FOMX +8% (upsized offering to $60M v. $50M)
01[09:23] {@Threei} -KITE +5% (Jefferies presentation today)
01[09:23] {@Threei} -MBLY +4.4% (positive broker commentary)
01[09:23] {@Threei} -FXCM +3.7% (MAR metrics)
01[09:23] {@Threei} -PNK +3.6% (Gaming & Leisure reportedly raised offer for PNK's real estate assets)
01[09:23] {@Threei} -CNHI +3.6% (confirmed 2015 outlook; expects to lower capex in '15)
01[09:23] {@Threei} Downside:
01[09:23] {@Threei} -ALU -16% (confirmed merger with NOK; NOK & ERIC also down marginally while CIEN & JNPR up marginally on the news)
01[09:23] {@Threei} -STWD -2.3% (announced offering of 12M shares)
01[09:31] {@Threei} Short Setup: DAL .70 break hl
01[09:31] {@Threei} If holds .80
01[09:32] {@Threei} change to .75
01[09:32] {@Threei} If holds .85
01[09:32] {@Threei} Invalidated
[09:32] {dino} dwti hl l .25
01[09:34] {@Threei} Long Setup: FB .20 break
01[09:34] {@Threei} If holds .10
[09:35] {dino} out dwti ave .69, +.44
[09:36] {dino} too soon
[09:38] {dino} deck hl l .98
01[09:38] {@Threei} Long Setup: FB 83 break
01[09:38] {@Threei} If holds .90
01[09:39] {@Threei} 1:1
[09:42] {dino} out deck .33, +.35
[09:45] {jfjf64} Dal bounce time
[09:46] {jfjf64} Not
01[09:46] {@Threei} Long Setup: DAL .50 break
01[09:46] {@Threei} If holds .40
01[09:47] {@Threei} no go
[09:47] {jfjf64} Wow
[09:47] {jfjf64} Need coffee
[09:52] {drewj} Short FB?
[09:53] {dino} fltx spike
01[09:54] {@Threei} Long Setup: MCD 97 break
01[09:54] {@Threei} If holds .90
01[09:59] {@Threei} 1:1
[09:59] {dino} sage spike
01[10:00] {@Threei} *(US) APR NAHB HOUSING MARKET INDEX: 56 V 55E
01[10:02] {@Threei} 1:2
01[10:06] {@Threei} Long Setup: FCX .30 break
01[10:06] {@Threei} If holds .25
01[10:10] {@Threei} 1:1
01[10:11] {@Threei} 1:1 MCD
01[10:11] {@Threei} out
01[10:12] {@Threei} 1:3 MCD
01[10:12] {@Threei} 1:4... too soon
[10:12] {cosmo} for lunch?
[10:13] {drewj} nice one vad
01[10:13] {@Threei} 1:5... grrr
01[10:14] {@Threei} MCD burger is always too soon for lunch, as far as I am concerned :)
01[10:14] {@Threei} Short Setup: MCD .40 break
01[10:14] {@Threei} If holds .50
01[10:15] {@Threei} nice doji
01[10:16] {@Threei} 1:1
[10:17] {cosmo} I understand MCD planning for a 3 star, seated service restruant at Machu Picchu soon ....should be special, no?
[10:17] {dino} nsam drop
01[10:18] {@Threei} do they use local meat of mountain goats?
[10:18] {dino} rats
[10:18] {cosmo} and dogs
[10:19] {cosmo} dogs for pork
01[10:19] {@Threei} I'll pack my own lunch...
[10:20] {cosmo} they'll check you for that i think
[10:20] {cosmo} like they do at the ball parks....
06[10:23] * @Threei cancels his Machu Picchu trip
[10:24] {drewj} I still like Mcdonald's burgers.
[10:24] {drewj} rats or no rats
[10:24] {cosmo} there still is time before they build 3i
[10:24] {dino} i like the quarter pounder
[10:24] {drewj} yup
[10:24] {dino} nsam hl l .70, careful pulp
[10:24] {drewj} nuggets are good too
[10:25] {dino} the salads are good too
[10:25] {dino} and breakfast the best
[10:25] {drewj} dino how many shares is a half lot for you?
[10:25] {cosmo} the quaarter pound patty does great inside your catcher's mitt
[10:25] {drewj} lol
[10:25] {cosmo} takes out the sting
[10:25] {dino} drew 500
[10:26] {dino} sm=400 smr=300 no mention = full lot/1000
[10:26] {dino} sage crazy for stock issuance at 52.5-
01[10:27] {@Threei} 1:2 FCX
[10:28] {dino} damn nsam, vwap never hit
01[10:31] {@Threei} FCX Seeing elevated put activity today7K Aug 16 puts traded at $0.65
01[10:32] {@Threei} 1:2 MCD
[10:33] {dino} gj
01[10:33] {@Threei} ty
01[10:33] {@Threei} steady
[10:35] {drewj} thanks dino
01[10:35] {@Threei} 1:3 FCX close enough
01[10:35] {@Threei} out in full
[10:36] {dino} np
[10:38] {dino} nsam to .04
[10:38] {jfjf64} Ty
[10:40] {dino} nsam to .24
[10:41] {dino} out nsam .24 +.52
01[10:43] {@Threei} not too shabby
[10:44] {dino} ty, 3 for 3, at daily goal already.
01[10:45] {@Threei} Poland's prime minister spoke out Wednesday against plans by a Russian motorcycle club to ride through Poland on a journey to Berlin to mark the 70th anniversary of the Soviet victory over Nazi Germany.
01[10:45] {@Threei} The Night Wolves, a nationalistic group loyal to Russian President Vladimir Putin, plan to retrace the westward path that Red Army soldiers took across eastern Europe as they fought Nazi troops.
[11:03] {dino} .
01[11:04] {@Threei} Long Setup: IWM .45 break
01[11:04] {@Threei} If holds .35
[11:12] {drewj} Vad I'd like to understand how you judge that a trade is invalid.
[11:13] {drewj} Do you wait until the price action is only 10 cents wide?
01[11:13] {@Threei} if a stop level is hit before triggering
[11:13] {drewj} How does that relate
[11:13] {drewj} ?
01[11:13] {@Threei} I don't understand, sorry
01[11:13] {@Threei} look at IWM
[11:13] {drewj} Oh...because the price is too far away from the trigger?
01[11:13] {@Threei} .45 is trigger
01[11:14] {@Threei} .35 is condition
01[11:14] {@Threei} if it loses .35 before triggering, it's invalidated
[11:14] {drewj} SO how can it become valid again?
01[11:14] {@Threei} .35 is support level which, if lost is stopping trade or invalidating it
01[11:15] {@Threei} if a trade is on already (.45 is broken), .35 becomes stop level
01[11:15] {@Threei} if a trade never triggers, .35 remains invalidation level
[11:15] {drewj} So your trades all have S/R trigger and some support level as a stop?
01[11:16] {@Threei} yes
[11:16] {jfjf64} First nice day here
[11:16] {jfjf64} Ant invasion
[11:16] {jfjf64} Can't win
01[11:16] {@Threei} weather wise, jf?
[11:16] {drewj} Be careful jf...
[11:16] {jfjf64} Yes
[11:17] {drewj} Vad so what is the way you determine to fade a setup?
01[11:17] {@Threei} I've no idea how to asnwer that :)
[11:17] {drewj} say something mysterious
01[11:18] {@Threei} I work in mysterious ways
[11:18] {jfjf64} He stands on his head
[11:18] {drewj} oh my
01[11:18] {@Threei} Invalidated IWM
01[11:18] {@Threei} see?
[11:18] {drewj} i have seen the light
01[11:18] {@Threei} .35 is lost before triggering
[11:18] {drewj} but you do not want to short it?
01[11:18] {@Threei} conditionof setup validity is not there anymore
01[11:19] {@Threei} not really, it's too random time of the day now
[11:20] {drewj} so if the follow through were to be on the short side now it might be worth a look to short it?
[11:21] {jfjf64} Twtr s here
01[11:21] {@Threei} often, yes
01[11:21] {@Threei} .20 break, jf...
[11:22] {jfjf64} Yes
[11:22] {jfjf64} Tight stop
[11:23] {jfjf64} Invalid
[11:26] {jfjf64} 20 break
[11:26] {jfjf64} Hold 30
[11:27] {jfjf64} Lets get tweetie
01[11:27] {@Threei} jf sounds like courting a girl
[11:36] {jfjf64} Common already
[11:36] {jfjf64} Die
01[11:42] {@Threei} nice
01[11:42] {@Threei} down she goes
[11:44] {jfjf64} Ty
[11:44] {jfjf64} Boy look fcx grind up
[11:49] {jfjf64} Mcd 97
[11:49] {jfjf64} Looks good
[11:49] {jfjf64} ?
[11:51] {dino} scor spike
[11:53] {jfjf64} Vol subs
[11:53] {jfjf64} Wuba
01[11:55] {@Threei} The Greece situation keeps getting uglier. A German Finance Ministry official told the press that no one expects outstanding issues to be resolved by the April 24th Eurogroup meeting and echoed other commentators in saying that no progress being made in current negotiations.
[11:56] {jfjf64} Long 63.00
[11:56] {jfjf64} Out
[11:57] {jfjf64} Going to lunch
[11:58] {jfjf64} Will shoot mysel later for takin .30 cents
[11:58] {jfjf64} Will be up 3.00 bucks
01[12:13] {@Threei} German Finance Minister Wolfgang Schaeuble said on April 15 that the United States must play an important role in helping to solve the crisis in Ukraine
01[12:14] {@Threei} amazing... troubles in their backyard, threatening them the most
01[12:14] {@Threei} and it's US that need to solve it
01[12:15] {@Threei} read this and tell me you don't eant to smack this guy over the head:
01[12:15] {@Threei} "We will not fall back into the history of a 100 years ago that you can change with military force. For this we need the United States," Schaeuble said
01[12:15] {@Threei} "We know that we need the United States. We know that we have to care as Europeans on this matter, better than most have expected that the Europeans would do, but it is difficult to get it. A difficult job," he said.
[12:20] {dino} once again, asking usa to carry the load
01[12:27] {@Threei} yes - and no doubt, cursing it for being agressive right after
[12:30] {drewj} They can't do much themselves because they aren't allowed a military to do it.
01[12:31] {@Threei} Germany yes, but what about the rest of EU
[12:31] {drewj} They bicker to much to stand united against Russia.
01[12:32] {@Threei} there you go
[12:32] {drewj} Collectively they would have a chance but as separate whiny countries they can't do much.
01[12:33] {@Threei} and so, which three countries send military personal to Ukraine now to train their army?
01[12:33] {@Threei} answer is quite striking
01[12:34] {@Threei} US, UK, Canada
[12:34] {dino} putin will take all of ukraine before eu acts. and then they will just say, you can have ukraine but no more (which is basically what they said about crimea
[12:34] {drewj} Not sure. US. UK
01[12:35] {@Threei} yeah, and next thing you know, he says "ty, and btw, Moldova, Belarus, and a few more are mine too"
[12:35] {drewj} I almost had it
[12:35] {drewj} A new Hitler.
[12:35] {dino} rio drop
01[12:36] {@Threei} yup... similarities are mind-boggling
[12:36] {dino} sm l .93 rio
[12:39] {dino} wow sage
[12:42] {dino} gs cuts rio to sell, stop to .03
[12:44] {dino} to .13
[12:47] {dino} to .16
[12:48] {dino} to .23
[12:49] {dino} out rio .23, +.30
[12:54] {drewj} Nice dino
[12:57] {dino} ty
[12:58] {drewj} GDX break .70?
01[12:59] {@Threei} chart is right but too narrow and slow
01[12:59] {@Threei} just doubt there is enough room for profit
[12:59] {drewj} So no follow through...?
01[13:01] {@Threei} why, it may follow through just fine, it's just a very narrow mover
01[13:01] {@Threei} you need something with enough room for movement
01[13:02] {@Threei} unless you intend a scal for 5-6 cents with large shares
01[13:02] {@Threei} scalp
01[13:02] {@Threei} then yes, it's a good one
01[13:05] {@Threei} remember scalp type 1 from scalping videocourse?
01[13:05] {@Threei} this is perfect stock for that
01[13:06] {@Threei} right about now you'd start feeding your shares into buying at .76
01[13:06] {@Threei} let's say 3K out of 5
[13:07] {drewj} ok
[13:12] {drewj} This is really interesting to me Vad.
[13:12] {drewj} So follow through has nothing to do with the width then right?
[13:13] {drewj} Then that would mean the wide movers have to have more space between trigger and next S/R?
01[13:16] {@Threei} follow through is a measurement of how well stocks follow the pattern
01[13:16] {@Threei} width is a room for profit
[13:16] {drewj} So then dino would be on the extreem end of this conversation trading over-reactions with huge price swings?
01[13:16] {@Threei} pretty much
01[13:17] {@Threei} and notice this important element:
01[13:17] {@Threei} while on this narrow mover we talk about large shares, to utilize relatively small move,
01[13:17] {@Threei} in dino'sa case shares must be lower, to handle increased risk
[13:28] {dino} back in 30-45
[13:33] {drewj} GDX took off
01[13:46] {@Threei} good chart is good chart
[13:57] {drewj} Vad you said GDX didn't have a lot of room for movement...did you say that because the price range before that was narrow as well?
01[13:57] {@Threei} yeah, general range is too small
01[13:58] {@Threei} on daily too
01[13:58] {@Threei} it just rarely moves large
01[14:07] {@Threei} anyone wants to cross the stix river to the valley of shadows?
01[14:07] {@Threei} Chaeron is here
[14:08] {Chaeron} Hi everybody! I didn't want to interrupt the major flow of conversation....
01[14:08] {@Threei} :)
[14:09] {drewj} not too much flow to interupt!
02[14:10] * Disconnected
Session Close: Wed Apr 15 14:10:08 2015
Session Start: Wed Apr 15 14:10:08 2015
Session Ident: #discussions
02[14:11] * Attempting to rejoin channel #discussions
03[14:11] * Rejoined channel #discussions
01[14:12] {Threei} who kicked me out?
[14:13] {Chaeron} sorry. Habit
01[14:14] {Threei} sigh
01[14:14] {Threei} although... getting kicked out of Chaeron's boat might not be a bad thing
[14:16] {Chaeron} naaa. just get wet. Y'all doing great in this market?
01[14:16] {Threei} steady
[14:16] {Chaeron} good to hear.
01[14:17] {Threei} Short Setup: CELG .50 break
01[14:17] {Threei} If holds .60
01[14:22] {Threei} valid still
01[14:25] {Threei} 1:1
01[14:27] {Threei} 1:2
[14:30] {drewj} did you call that one because it was at the resistance from Monday?
01[14:33] {Threei} 1:3
01[14:33] {Threei} I jyst saw setup
02[14:35] * Disconnected
Session Close: Wed Apr 15 14:35:37 2015
Session Start: Wed Apr 15 14:35:37 2015
Session Ident: #discussions
02[14:38] * Attempting to rejoin channel #discussions
03[14:38] * Rejoined channel #discussions
01[14:39] {Threei} my connection is unstable today
01[14:39] {Threei} anyway, CELG 1:4
01[14:39] {Threei} out
[14:42] {jfjf64} Ty
01[14:42] {Threei} yw
[14:45] {jfjf64} Twtr?
01[14:45] {Threei} .32 break long
[14:46] {dino} .
01[14:56] {Threei} Invalidated
[14:58] {dino} dxyn spike
01[15:06] {Threei} Long Setup: VXX .95 break
01[15:06] {Threei} If holds .90
[15:08] {drewj} Vad do you ever trade with more than 1000 shares on these plays?
01[15:11] {Threei} on tight ones, yes
[15:32] {drewj} Thanks guys. I've got to go. Have a great day.
01[15:34] {Threei} take care drew
[15:34] {dino} cya drew
01[15:42] {Threei} move already VXX
01[15:44] {Threei} here we go
01[15:45] {Threei} half out
01[15:46] {Threei} stop to .94
[15:52] {jfjf64} Common vxx
[15:54] {jfjf64} Me out
[15:54] {jfjf64} Ty
01[15:54] {Threei} yeah, me too
01[15:54] {Threei} yw
01[15:54] {Threei} nice day
01[15:54] {Threei} have a great evening guys, see you tomorrow!
[15:55] {dino} htwr drop
[15:55] {jfjf64} Mkt drop
01[15:56] {Threei} VXX spike
[15:57] {jfjf64} ?
01[15:58] {Threei} just wanted you to look, now that we both are out
[15:58] {jfjf64} Lol
01[15:58] {Threei} :)
[15:58] {jfjf64} Good day
01[15:58] {Threei} yup
[15:58] {jfjf64} Been on
[15:58] {jfjf64} Have a shot tonight
Session Time: Wed Apr 15 00:00:00 2015
[09:04] {dino} gm
01[09:04] {@Threei} dino :)
[09:04] {drewj} gm guys
[09:05] {jfjf64} Mornin all
01[09:06] {@Threei} drew, jf :)
01[09:23] {@Threei} Upside:
01[09:23] {@Threei} -CLSN +27% (announced positive data from Phase 2 DIGNITY study)
01[09:23] {@Threei} -OTIV +12% (engaged Houlihan Lokey to explore strategic alternatives)
01[09:23] {@Threei} -ANGI +11% (CEO stepping down; raising FY15 Adj EBITDA guidance range)
01[09:23] {@Threei} -SWHC +11% (raised Q4 guidance)
01[09:23] {@Threei} -FOMX +8% (upsized offering to $60M v. $50M)
01[09:23] {@Threei} -KITE +5% (Jefferies presentation today)
01[09:23] {@Threei} -MBLY +4.4% (positive broker commentary)
01[09:23] {@Threei} -FXCM +3.7% (MAR metrics)
01[09:23] {@Threei} -PNK +3.6% (Gaming & Leisure reportedly raised offer for PNK's real estate assets)
01[09:23] {@Threei} -CNHI +3.6% (confirmed 2015 outlook; expects to lower capex in '15)
01[09:23] {@Threei} Downside:
01[09:23] {@Threei} -ALU -16% (confirmed merger with NOK; NOK & ERIC also down marginally while CIEN & JNPR up marginally on the news)
01[09:23] {@Threei} -STWD -2.3% (announced offering of 12M shares)
01[09:31] {@Threei} Short Setup: DAL .70 break hl
01[09:31] {@Threei} If holds .80
01[09:32] {@Threei} change to .75
01[09:32] {@Threei} If holds .85
01[09:32] {@Threei} Invalidated
[09:32] {dino} dwti hl l .25
01[09:34] {@Threei} Long Setup: FB .20 break
01[09:34] {@Threei} If holds .10
[09:35] {dino} out dwti ave .69, +.44
[09:36] {dino} too soon
[09:38] {dino} deck hl l .98
01[09:38] {@Threei} Long Setup: FB 83 break
01[09:38] {@Threei} If holds .90
01[09:39] {@Threei} 1:1
[09:42] {dino} out deck .33, +.35
[09:45] {jfjf64} Dal bounce time
[09:46] {jfjf64} Not
01[09:46] {@Threei} Long Setup: DAL .50 break
01[09:46] {@Threei} If holds .40
01[09:47] {@Threei} no go
[09:47] {jfjf64} Wow
[09:47] {jfjf64} Need coffee
[09:52] {drewj} Short FB?
[09:53] {dino} fltx spike
01[09:54] {@Threei} Long Setup: MCD 97 break
01[09:54] {@Threei} If holds .90
01[09:59] {@Threei} 1:1
[09:59] {dino} sage spike
01[10:00] {@Threei} *(US) APR NAHB HOUSING MARKET INDEX: 56 V 55E
01[10:02] {@Threei} 1:2
01[10:06] {@Threei} Long Setup: FCX .30 break
01[10:06] {@Threei} If holds .25
01[10:10] {@Threei} 1:1
01[10:11] {@Threei} 1:1 MCD
01[10:11] {@Threei} out
01[10:12] {@Threei} 1:3 MCD
01[10:12] {@Threei} 1:4... too soon
[10:12] {cosmo} for lunch?
[10:13] {drewj} nice one vad
01[10:13] {@Threei} 1:5... grrr
01[10:14] {@Threei} MCD burger is always too soon for lunch, as far as I am concerned :)
01[10:14] {@Threei} Short Setup: MCD .40 break
01[10:14] {@Threei} If holds .50
01[10:15] {@Threei} nice doji
01[10:16] {@Threei} 1:1
[10:17] {cosmo} I understand MCD planning for a 3 star, seated service restruant at Machu Picchu soon ....should be special, no?
[10:17] {dino} nsam drop
01[10:18] {@Threei} do they use local meat of mountain goats?
[10:18] {dino} rats
[10:18] {cosmo} and dogs
[10:19] {cosmo} dogs for pork
01[10:19] {@Threei} I'll pack my own lunch...
[10:20] {cosmo} they'll check you for that i think
[10:20] {cosmo} like they do at the ball parks....
06[10:23] * @Threei cancels his Machu Picchu trip
[10:24] {drewj} I still like Mcdonald's burgers.
[10:24] {drewj} rats or no rats
[10:24] {cosmo} there still is time before they build 3i
[10:24] {dino} i like the quarter pounder
[10:24] {drewj} yup
[10:24] {dino} nsam hl l .70, careful pulp
[10:24] {drewj} nuggets are good too
[10:25] {dino} the salads are good too
[10:25] {dino} and breakfast the best
[10:25] {drewj} dino how many shares is a half lot for you?
[10:25] {cosmo} the quaarter pound patty does great inside your catcher's mitt
[10:25] {drewj} lol
[10:25] {cosmo} takes out the sting
[10:25] {dino} drew 500
[10:26] {dino} sm=400 smr=300 no mention = full lot/1000
[10:26] {dino} sage crazy for stock issuance at 52.5-
01[10:27] {@Threei} 1:2 FCX
[10:28] {dino} damn nsam, vwap never hit
01[10:31] {@Threei} FCX Seeing elevated put activity today7K Aug 16 puts traded at $0.65
01[10:32] {@Threei} 1:2 MCD
[10:33] {dino} gj
01[10:33] {@Threei} ty
01[10:33] {@Threei} steady
[10:35] {drewj} thanks dino
01[10:35] {@Threei} 1:3 FCX close enough
01[10:35] {@Threei} out in full
[10:36] {dino} np
[10:38] {dino} nsam to .04
[10:38] {jfjf64} Ty
[10:40] {dino} nsam to .24
[10:41] {dino} out nsam .24 +.52
01[10:43] {@Threei} not too shabby
[10:44] {dino} ty, 3 for 3, at daily goal already.
01[10:45] {@Threei} Poland's prime minister spoke out Wednesday against plans by a Russian motorcycle club to ride through Poland on a journey to Berlin to mark the 70th anniversary of the Soviet victory over Nazi Germany.
01[10:45] {@Threei} The Night Wolves, a nationalistic group loyal to Russian President Vladimir Putin, plan to retrace the westward path that Red Army soldiers took across eastern Europe as they fought Nazi troops.
[11:03] {dino} .
01[11:04] {@Threei} Long Setup: IWM .45 break
01[11:04] {@Threei} If holds .35
[11:12] {drewj} Vad I'd like to understand how you judge that a trade is invalid.
[11:13] {drewj} Do you wait until the price action is only 10 cents wide?
01[11:13] {@Threei} if a stop level is hit before triggering
[11:13] {drewj} How does that relate
[11:13] {drewj} ?
01[11:13] {@Threei} I don't understand, sorry
01[11:13] {@Threei} look at IWM
[11:13] {drewj} Oh...because the price is too far away from the trigger?
01[11:13] {@Threei} .45 is trigger
01[11:14] {@Threei} .35 is condition
01[11:14] {@Threei} if it loses .35 before triggering, it's invalidated
[11:14] {drewj} SO how can it become valid again?
01[11:14] {@Threei} .35 is support level which, if lost is stopping trade or invalidating it
01[11:15] {@Threei} if a trade is on already (.45 is broken), .35 becomes stop level
01[11:15] {@Threei} if a trade never triggers, .35 remains invalidation level
[11:15] {drewj} So your trades all have S/R trigger and some support level as a stop?
01[11:16] {@Threei} yes
[11:16] {jfjf64} First nice day here
[11:16] {jfjf64} Ant invasion
[11:16] {jfjf64} Can't win
01[11:16] {@Threei} weather wise, jf?
[11:16] {drewj} Be careful jf...
[11:16] {jfjf64} Yes
[11:17] {drewj} Vad so what is the way you determine to fade a setup?
01[11:17] {@Threei} I've no idea how to asnwer that :)
[11:17] {drewj} say something mysterious
01[11:18] {@Threei} I work in mysterious ways
[11:18] {jfjf64} He stands on his head
[11:18] {drewj} oh my
01[11:18] {@Threei} Invalidated IWM
01[11:18] {@Threei} see?
[11:18] {drewj} i have seen the light
01[11:18] {@Threei} .35 is lost before triggering
[11:18] {drewj} but you do not want to short it?
01[11:18] {@Threei} conditionof setup validity is not there anymore
01[11:19] {@Threei} not really, it's too random time of the day now
[11:20] {drewj} so if the follow through were to be on the short side now it might be worth a look to short it?
[11:21] {jfjf64} Twtr s here
01[11:21] {@Threei} often, yes
01[11:21] {@Threei} .20 break, jf...
[11:22] {jfjf64} Yes
[11:22] {jfjf64} Tight stop
[11:23] {jfjf64} Invalid
[11:26] {jfjf64} 20 break
[11:26] {jfjf64} Hold 30
[11:27] {jfjf64} Lets get tweetie
01[11:27] {@Threei} jf sounds like courting a girl
[11:36] {jfjf64} Common already
[11:36] {jfjf64} Die
01[11:42] {@Threei} nice
01[11:42] {@Threei} down she goes
[11:44] {jfjf64} Ty
[11:44] {jfjf64} Boy look fcx grind up
[11:49] {jfjf64} Mcd 97
[11:49] {jfjf64} Looks good
[11:49] {jfjf64} ?
[11:51] {dino} scor spike
[11:53] {jfjf64} Vol subs
[11:53] {jfjf64} Wuba
01[11:55] {@Threei} The Greece situation keeps getting uglier. A German Finance Ministry official told the press that no one expects outstanding issues to be resolved by the April 24th Eurogroup meeting and echoed other commentators in saying that no progress being made in current negotiations.
[11:56] {jfjf64} Long 63.00
[11:56] {jfjf64} Out
[11:57] {jfjf64} Going to lunch
[11:58] {jfjf64} Will shoot mysel later for takin .30 cents
[11:58] {jfjf64} Will be up 3.00 bucks
01[12:13] {@Threei} German Finance Minister Wolfgang Schaeuble said on April 15 that the United States must play an important role in helping to solve the crisis in Ukraine
01[12:14] {@Threei} amazing... troubles in their backyard, threatening them the most
01[12:14] {@Threei} and it's US that need to solve it
01[12:15] {@Threei} read this and tell me you don't eant to smack this guy over the head:
01[12:15] {@Threei} "We will not fall back into the history of a 100 years ago that you can change with military force. For this we need the United States," Schaeuble said
01[12:15] {@Threei} "We know that we need the United States. We know that we have to care as Europeans on this matter, better than most have expected that the Europeans would do, but it is difficult to get it. A difficult job," he said.
[12:20] {dino} once again, asking usa to carry the load
01[12:27] {@Threei} yes - and no doubt, cursing it for being agressive right after
[12:30] {drewj} They can't do much themselves because they aren't allowed a military to do it.
01[12:31] {@Threei} Germany yes, but what about the rest of EU
[12:31] {drewj} They bicker to much to stand united against Russia.
01[12:32] {@Threei} there you go
[12:32] {drewj} Collectively they would have a chance but as separate whiny countries they can't do much.
01[12:33] {@Threei} and so, which three countries send military personal to Ukraine now to train their army?
01[12:33] {@Threei} answer is quite striking
01[12:34] {@Threei} US, UK, Canada
[12:34] {dino} putin will take all of ukraine before eu acts. and then they will just say, you can have ukraine but no more (which is basically what they said about crimea
[12:34] {drewj} Not sure. US. UK
01[12:35] {@Threei} yeah, and next thing you know, he says "ty, and btw, Moldova, Belarus, and a few more are mine too"
[12:35] {drewj} I almost had it
[12:35] {drewj} A new Hitler.
[12:35] {dino} rio drop
01[12:36] {@Threei} yup... similarities are mind-boggling
[12:36] {dino} sm l .93 rio
[12:39] {dino} wow sage
[12:42] {dino} gs cuts rio to sell, stop to .03
[12:44] {dino} to .13
[12:47] {dino} to .16
[12:48] {dino} to .23
[12:49] {dino} out rio .23, +.30
[12:54] {drewj} Nice dino
[12:57] {dino} ty
[12:58] {drewj} GDX break .70?
01[12:59] {@Threei} chart is right but too narrow and slow
01[12:59] {@Threei} just doubt there is enough room for profit
[12:59] {drewj} So no follow through...?
01[13:01] {@Threei} why, it may follow through just fine, it's just a very narrow mover
01[13:01] {@Threei} you need something with enough room for movement
01[13:02] {@Threei} unless you intend a scal for 5-6 cents with large shares
01[13:02] {@Threei} scalp
01[13:02] {@Threei} then yes, it's a good one
01[13:05] {@Threei} remember scalp type 1 from scalping videocourse?
01[13:05] {@Threei} this is perfect stock for that
01[13:06] {@Threei} right about now you'd start feeding your shares into buying at .76
01[13:06] {@Threei} let's say 3K out of 5
[13:07] {drewj} ok
[13:12] {drewj} This is really interesting to me Vad.
[13:12] {drewj} So follow through has nothing to do with the width then right?
[13:13] {drewj} Then that would mean the wide movers have to have more space between trigger and next S/R?
01[13:16] {@Threei} follow through is a measurement of how well stocks follow the pattern
01[13:16] {@Threei} width is a room for profit
[13:16] {drewj} So then dino would be on the extreem end of this conversation trading over-reactions with huge price swings?
01[13:16] {@Threei} pretty much
01[13:17] {@Threei} and notice this important element:
01[13:17] {@Threei} while on this narrow mover we talk about large shares, to utilize relatively small move,
01[13:17] {@Threei} in dino'sa case shares must be lower, to handle increased risk
[13:28] {dino} back in 30-45
[13:33] {drewj} GDX took off
01[13:46] {@Threei} good chart is good chart
[13:57] {drewj} Vad you said GDX didn't have a lot of room for movement...did you say that because the price range before that was narrow as well?
01[13:57] {@Threei} yeah, general range is too small
01[13:58] {@Threei} on daily too
01[13:58] {@Threei} it just rarely moves large
01[14:07] {@Threei} anyone wants to cross the stix river to the valley of shadows?
01[14:07] {@Threei} Chaeron is here
[14:08] {Chaeron} Hi everybody! I didn't want to interrupt the major flow of conversation....
01[14:08] {@Threei} :)
[14:09] {drewj} not too much flow to interupt!
02[14:10] * Disconnected
Session Close: Wed Apr 15 14:10:08 2015
Session Start: Wed Apr 15 14:10:08 2015
Session Ident: #discussions
02[14:11] * Attempting to rejoin channel #discussions
03[14:11] * Rejoined channel #discussions
01[14:12] {Threei} who kicked me out?
[14:13] {Chaeron} sorry. Habit
01[14:14] {Threei} sigh
01[14:14] {Threei} although... getting kicked out of Chaeron's boat might not be a bad thing
[14:16] {Chaeron} naaa. just get wet. Y'all doing great in this market?
01[14:16] {Threei} steady
[14:16] {Chaeron} good to hear.
01[14:17] {Threei} Short Setup: CELG .50 break
01[14:17] {Threei} If holds .60
01[14:22] {Threei} valid still
01[14:25] {Threei} 1:1
01[14:27] {Threei} 1:2
[14:30] {drewj} did you call that one because it was at the resistance from Monday?
01[14:33] {Threei} 1:3
01[14:33] {Threei} I jyst saw setup
02[14:35] * Disconnected
Session Close: Wed Apr 15 14:35:37 2015
Session Start: Wed Apr 15 14:35:37 2015
Session Ident: #discussions
02[14:38] * Attempting to rejoin channel #discussions
03[14:38] * Rejoined channel #discussions
01[14:39] {Threei} my connection is unstable today
01[14:39] {Threei} anyway, CELG 1:4
01[14:39] {Threei} out
[14:42] {jfjf64} Ty
01[14:42] {Threei} yw
[14:45] {jfjf64} Twtr?
01[14:45] {Threei} .32 break long
[14:46] {dino} .
01[14:56] {Threei} Invalidated
[14:58] {dino} dxyn spike
01[15:06] {Threei} Long Setup: VXX .95 break
01[15:06] {Threei} If holds .90
[15:08] {drewj} Vad do you ever trade with more than 1000 shares on these plays?
01[15:11] {Threei} on tight ones, yes
[15:32] {drewj} Thanks guys. I've got to go. Have a great day.
01[15:34] {Threei} take care drew
[15:34] {dino} cya drew
01[15:42] {Threei} move already VXX
01[15:44] {Threei} here we go
01[15:45] {Threei} half out
01[15:46] {Threei} stop to .94
[15:52] {jfjf64} Common vxx
[15:54] {jfjf64} Me out
[15:54] {jfjf64} Ty
01[15:54] {Threei} yeah, me too
01[15:54] {Threei} yw
01[15:54] {Threei} nice day
01[15:54] {Threei} have a great evening guys, see you tomorrow!
[15:55] {dino} htwr drop
[15:55] {jfjf64} Mkt drop
01[15:56] {Threei} VXX spike
[15:57] {jfjf64} ?
01[15:58] {Threei} just wanted you to look, now that we both are out
[15:58] {jfjf64} Lol
01[15:58] {Threei} :)
[15:58] {jfjf64} Good day
01[15:58] {Threei} yup
[15:58] {jfjf64} Been on
[15:58] {jfjf64} Have a shot tonight
Tuesday, April 14, 2015
Apr 14 2015
Nice morning, empty afternoon with rinses all around, and about breakeven day overall
Session Time: Tue Apr 14 00:00:00 2015
[09:08] {dino} gm
01[09:08] {@Threei} dino :)
[09:10] {drewj} Gm
01[09:10] {@Threei} drew :)
01[09:14] {@Threei} IMF updates its World Economic Outlook (WEO) 2015 Growth Outlook- Maintains 2015 global growth forecast at 3.5% - Raises Euro Area (Eurozone) 2015 GDP from 1.2% to 1.5%- Cuts US 2015 GDP from 3.6% to 3.1%
01[09:15] {@Threei} IMF competes with UN for the title of the most useless?
[09:19] {jfjf64} Mornin
01[09:20] {@Threei} jf :)
01[09:24] {@Threei} Upside:
01[09:24] {@Threei} -DOVR +73% (being acquired by Webster capital at $8.50/shr)
01[09:24] {@Threei} -ALU +8% (confirmed advanced talks with ALU for potential full combination)
01[09:24] {@Threei} -GWPH +7% (positive broker commentary - price target increase)
01[09:24] {@Threei} -BLDR +7% (positive broker commentary)
01[09:24] {@Threei} -OCN +3.8% (update on regulatory compliance/eps)
01[09:24] {@Threei} -FAST +3.7% (earnings)
01[09:24] {@Threei} -Z +3% (halted before guiding initial FY15 EBITDA $80-85M)
01[09:24] {@Threei} -GALE +3% (completes over-enrollment of NeuVax Phase 3 PRESENT trial)
01[09:24] {@Threei} -GRPN +2.7% (PE consortium including KKR said to plan acquisition of Ticker Monster - GRPN would divest its stake in Ticket Monster)
01[09:24] {@Threei} -ALTR +1.4% (positive broker commentary)
01[09:24] {@Threei} Downside:
01[09:24] {@Threei} -PBY -6.4% (earnings)
01[09:24] {@Threei} -NSC -6% (earnings)
01[09:24] {@Threei} -AAOI -4% (earnings)
01[09:24] {@Threei} -NOK -3% (confirmed advanced talks with ALU for potential full combination)
01[09:24] {@Threei} -JCP -2% (guides Q1 SSS)
01[09:24] {@Threei} -WFC -1% (earnings)
01[09:24] {@Threei} -LVS -2% (hearing neg broker commentary on Macau MGM CWN.AU)
[09:31] {dino} dwti smr l .60
01[09:32] {@Threei} Long Setup: FB .40 break
01[09:32] {@Threei} If holds .30
01[09:32] {@Threei} hectic
[09:32] {jfjf64} Very
01[09:32] {@Threei} jumps instead of moving
01[09:33] {@Threei} Long Setup: MCD .20 break
01[09:33] {@Threei} If holds .10
[09:33] {dino} out dwti .6899
01[09:33] {@Threei} FB valid again
[09:33] {dino} +1.0899
01[09:34] {@Threei} 1:1
[09:34] {dino} tough crowd
01[09:34] {@Threei} this time is manageble
01[09:34] {@Threei} nice one dino
[09:34] {dino} ty
01[09:35] {@Threei} 1:2 FB
01[09:36] {@Threei} MCD to .14
01[09:36] {@Threei} touched 1:1
[09:37] {dino} gj
01[09:37] {@Threei} ty
01[09:40] {@Threei} half out MCD
01[09:40] {@Threei} takes way too long
01[09:41] {@Threei} stop is still .14 for the balance
01[09:41] {@Threei} 1:1
01[09:41] {@Threei} stop to .19 now
01[09:42] {@Threei} TWTR getting hammered
01[09:44] {@Threei} Long Setup: TWTR .90 break hl
01[09:44] {@Threei} If holds .80
01[09:45] {@Threei} 1:1
01[09:50] {@Threei} Long Setup: DAL .85 break
01[09:50] {@Threei} If holds .75
01[09:52] {@Threei} 1:2 MCD
01[09:52] {@Threei} amazingly slow one today
01[09:52] {@Threei} must be those burgers weighing it down
[09:54] {dino} caci drop
[09:55] {dino} too thin
[09:55] {dino} z drop
01[09:58] {@Threei} no go DAL
01[10:00] {@Threei} *(US) FEB BUSINESS INVENTORIES: 0.3% V 0.2%E
01[10:02] {@Threei} closed MCD balance on a trail
[10:05] {dino} smr l z 88.5-
[10:05] {dino} out 89.24, +.74
01[10:06] {@Threei} Long Setup: MCD .10 break
[10:06] {jfjf64} Nice
01[10:06] {@Threei} If holds 97
01[10:06] {@Threei} nice one dino
01[10:07] {@Threei} Long Setup: FCX .45 break
[10:07] {dino} ty, lucky
01[10:07] {@Threei} If holds .35
[10:10] {dino} wow z with that guide down, bounced back well
01[10:11] {@Threei} 1:1 MCD
01[10:12] {@Threei} FCX stop to .39
[10:15] {jfjf64} Common Big Mac
[10:19] {jfjf64} Love chart
[10:20] {jfjf64} Need spy
01[10:21] {@Threei} SPY is somewhat weird today
01[10:27] {@Threei} FCX, let's take half off here
01[10:30] {@Threei} 1:1
[10:30] {dino} wuba spike
01[10:30] {@Threei} closed MCD on a trail
01[10:33] {@Threei} Long Setup: LVS .70 break hl
01[10:33] {@Threei} If holds .60
[10:34] {dino} wuba smr s .46
[10:35] {jfjf64} U got balls Dino
[10:35] {jfjf64} Lol
[10:36] {dino} bstop .80 -.34
[10:37] {dino} jf, control thru size
01[10:37] {@Threei} nah LVS
[10:37] {dino} even if spike a buck, would only be 300 bucks
[10:37] {dino} rinsed
[10:39] {dino} damn, none avail now
[10:40] {dino} chrs spike
01[10:40] {@Threei} WUBA Reportedly agrees to merge with Ganji.com
01[10:41] {@Threei} Short Setup: DAL .70 break
01[10:41] {@Threei} If holds .80
[10:42] {dino} ty 3i, had put order in on wuba
[10:42] {dino} cx'd
01[10:42] {@Threei} :)
01[10:47] {@Threei} FCX continues grind-up
[10:47] {dino} qrvo hl l .03 ave
[10:47] {dino} or is it quervo
[10:48] {dino} hmm, no tequila drinkers here i guess
01[10:49] {@Threei} I am a scotch guy
[10:50] {drewj} I thought you liked vodka?
01[10:50] {@Threei} it has its uses
[10:50] {dino} beer, tequila, vodka, and scotch
[10:50] {dino} and i like them all chilled
[10:51] {dino} out qrvo .30, +.27
01[10:56] {@Threei} 1:1 DAL
01[11:00] {@Threei} 1:2
01[11:00] {@Threei} 1/4 more out FCX
[11:03] {dino} shak spike
[11:06] {dino} qrvo hlo l .88
01[11:07] {@Threei} 1:1 FCX
01[11:07] {@Threei} 1:2 FCX
[11:07] {dino} gj
01[11:07] {@Threei} correction
01[11:07] {@Threei} ty
01[11:07] {@Threei} and climbs
[11:07] {dino} better
01[11:08] {@Threei} slow but generous
[11:12] {dino} out qrvo .30, +.42
[11:15] {jfjf64} Gj
[11:30] {dino} ty
[11:32] {dino} pre spike
[11:33] {jfjf64} Wubaaaa
[11:34] {jfjf64} Turned vol on
01[11:34] {@Threei} (GR) European Commission Vice Presidet Dombrovskis indicates there is unlikely to be a decision on Greece aid on April 24 and will likely not agree on the aid by the end of the month
01[11:34] {@Threei} I fully expect Greece to make similar headlines in 2025
[11:36] {dino} pre vsm s .56
01[11:36] {@Threei} PRE Exor offers to acquire company for $130/shr; valued at $4.6B
[11:36] {dino} 130.56
[11:37] {dino} ty
01[11:40] {@Threei} The miss in the March US retail sales report is dampening US trading today, while European indices closed with some big losses thanks to fresh Greece worries
01[11:40] {@Threei} The IMF's world economic outlook report grappled with the implications of the strong dollar. The IMF said the US economy would see "robust" +3.1% growth in 2015 and 2016, down from +3.6% and 3.3%, respectively,
01[11:41] {@Threei} Officials at the IMF voiced doubts about the viability of Greece's membership of the euro zone given that Athens has repeated its threat to default on its obligations. IMF official Poul Thomsen warned that Greek negotiations were not working. These remarks were out this morning, after the FT reported yesterday that a Greek official stated "We have come to the end of the road?.?.?.?If the Europeans won't release bail-out cash, there is no alternative [to a default]."
[11:41] {jfjf64} Dal lod ?
01[11:41] {@Threei} .50 break short... maybe
[11:41] {dino} axs drop
01[11:41] {@Threei} kind of random time
[11:44] {dino} cov pre 129.75, +.81
[11:46] {jfjf64} Nicee
[11:46] {dino} ty, got lucky my entry was above buyout offer
[11:57] {dino} taking a break
[12:07] {jfjf64} Takin break also
[12:07] {jfjf64} Hey vg take a break
[12:07] {jfjf64} Lol
[12:08] {jfjf64} Nice grind Am session
01[12:08] {@Threei} I would if you hadn't waken me up by suggeting I take a break
[12:08] {jfjf64} Lol
[12:08] {jfjf64} No 1:4 while gone
01[12:08] {@Threei} that's not unlike a nurse to a patient:
[12:08] {jfjf64} See ya 2 pm
01[12:08] {@Threei} wake up, it's time to take your sleeping pill!
[12:08] {jfjf64} Funny shit
[12:08] {jfjf64} So true
[12:09] {jfjf64} Cat a machine today
01[12:16] {@Threei} Short Setup: FB .15 break
01[12:16] {@Threei} If holds .25
01[12:31] {@Threei} no go
01[13:01] {@Threei} be back in 30
01[13:28] {@Threei} frikin FB rinsed
01[13:58] {@Threei} Short Setup: FB .85 break
01[13:59] {@Threei} If holds .95
01[14:09] {@Threei} Invalidated
[14:09] {jfjf64} Anything going on
01[14:09] {@Threei} not really, sleepy period still
[14:09] {cosmo} hmm... approach/avoidance syndrome, maybe
[14:15] {dino} uuuggghhhhhh!!!!!!!!!!!!!
[14:18] {drewj} You ok dino?
[14:19] {dino} yeah, just had a real estate sale fall apart. i'll survive, but pissed off.
[14:20] {drewj} Sorry man.
01[14:21] {@Threei} Long Setup: DAL 43 break
01[14:21] {@Threei} If holds .95
[14:21] {dino} happens about every fourth sale
[14:22] {drewj} Are you in real estate as well?
01[14:22] {@Threei} buyer changing his mind, or financing falling through?
[14:22] {dino} buyer chickened out
01[14:23] {@Threei} you guys have a strange system south of border...
01[14:23] {@Threei} spoke to a friend recently who sold his house and bought new, so could compare
[14:23] {dino} i'm a speculator drew, i buy foreclosure houses have a crew fix them, then flip them. i've flipped 29 foreclosures in last ten years, of course the sale on my 30th falls through. oh well, theres always another buyer
01[14:24] {@Threei} byters making an offer do not commit really, can pull out at any time
01[14:24] {@Threei} buyers
01[14:24] {@Threei} not so in Canada
[14:24] {dino} obummer must hate me, speculator in real estate, stocks, and options.
01[14:24] {@Threei} there is a deposit attached to your offer, you do commit
[14:25] {dino} 3i, yes, they generally can leave deal without penalty by making up some bs reason
[14:25] {dino} deposits are very hard to keep
01[14:25] {@Threei} you pull out, you lose deposit, and it's a sizeable chunk, 5-10K
01[14:25] {@Threei} so no one makes offers willy-nilly
[14:26] {dino} used to be that way. but if financing is involved, buyers can walk away pretty easily
[14:26] {jfjf64} You in dal vg
01[14:26] {@Threei} no
01[14:27] {@Threei} lost .95 before breaking
01[14:27] {@Threei} watching for reestavlishment
01[14:27] {@Threei} if holdsa now, will be valid on next break
[14:28] {jfjf64} K
01[14:29] {@Threei} financing falling through is valid reason here too, but in most cases RE agents require mortgage pre-approval
01[14:30] {@Threei} so most issues are taken care of in advance
[14:30] {dino} here all guy has to do is say something to their bank, and the bank gives a bs reason not to approve the loan, then deal falls apart
01[14:31] {@Threei} Invalidated
01[14:31] {@Threei} yeah, not much commitment... can be tough on seller
[14:31] {dino} you see vad, in america, nobody is responsible for their actions anymore
[14:31] {drewj} dino do you hire the crew or are they full tim with you?
01[14:31] {@Threei} I know
[14:33] {dino} i hire a small crew, they've been working for me for years. its better for me to pay them than to lose time trading or finding another fix/flip
[14:33] {dino} most i do is lawnmowing and sometimes painting
[14:34] {dino} drewj, if you are interested in learning go to biggerpockets.com. free site with great info
01[14:35] {@Threei} Short Setup: FB 83 break
01[14:36] {@Threei} If holds .10
[14:47] {drewj} I will check it out dino. Thanks,
[14:47] {drewj} I have some freinds that so that.
[14:47] {drewj} do
[14:57] {dino} np, gl
01[14:57] {@Threei} no gi
01[14:57] {@Threei} o
01[15:01] {@Threei} Long Setup: IWM .75 break
01[15:01] {@Threei} If holds .65
01[15:02] {@Threei} change to .70
01[15:29] {@Threei} not liking second half of the day
01[15:31] {@Threei} what the deuce
[15:31] {drewj} Got to go guys. Have a great day.
[15:31] {dino} same. good morning, nothing in afternoon yet
01[15:31] {@Threei} take care drew
[15:32] {dino} cya drew
01[15:32] {@Threei} Long Setup: TWTR .30 break
01[15:33] {@Threei} If holds .20
01[15:33] {@Threei} last try for today
[15:34] {jfjf64} Try
[15:34] {jfjf64} ??
[15:35] {jfjf64} Wash ya mouth out with STOLI ASAP!!!!!!!!!!
[15:35] {dino} hard to keep this market down
[15:36] {dino} can't believe z back to flat after a 40% reduction in estimates
[15:37] {jfjf64} Outa here goodnight boys
[15:37] {dino} gn jf
[15:37] {dino} pnk spike
01[15:37] {@Threei} take care jf
[15:38] {dino} sm s .50
[15:39] {dino} cov pnk .80, +.70
01[15:39] {@Threei} wtg
01[15:39] {@Threei} Invalidated
[15:39] {dino} ty
[15:39] {dino} lately after 3:30 i'm getting a nice spike to short
01[15:39] {@Threei} ok, empty last hour
01[15:39] {@Threei} finishing on this
01[15:39] {@Threei} see you tomorrow!
[15:42] {dino} gn vad
Session Time: Tue Apr 14 00:00:00 2015
[09:08] {dino} gm
01[09:08] {@Threei} dino :)
[09:10] {drewj} Gm
01[09:10] {@Threei} drew :)
01[09:14] {@Threei} IMF updates its World Economic Outlook (WEO) 2015 Growth Outlook- Maintains 2015 global growth forecast at 3.5% - Raises Euro Area (Eurozone) 2015 GDP from 1.2% to 1.5%- Cuts US 2015 GDP from 3.6% to 3.1%
01[09:15] {@Threei} IMF competes with UN for the title of the most useless?
[09:19] {jfjf64} Mornin
01[09:20] {@Threei} jf :)
01[09:24] {@Threei} Upside:
01[09:24] {@Threei} -DOVR +73% (being acquired by Webster capital at $8.50/shr)
01[09:24] {@Threei} -ALU +8% (confirmed advanced talks with ALU for potential full combination)
01[09:24] {@Threei} -GWPH +7% (positive broker commentary - price target increase)
01[09:24] {@Threei} -BLDR +7% (positive broker commentary)
01[09:24] {@Threei} -OCN +3.8% (update on regulatory compliance/eps)
01[09:24] {@Threei} -FAST +3.7% (earnings)
01[09:24] {@Threei} -Z +3% (halted before guiding initial FY15 EBITDA $80-85M)
01[09:24] {@Threei} -GALE +3% (completes over-enrollment of NeuVax Phase 3 PRESENT trial)
01[09:24] {@Threei} -GRPN +2.7% (PE consortium including KKR said to plan acquisition of Ticker Monster - GRPN would divest its stake in Ticket Monster)
01[09:24] {@Threei} -ALTR +1.4% (positive broker commentary)
01[09:24] {@Threei} Downside:
01[09:24] {@Threei} -PBY -6.4% (earnings)
01[09:24] {@Threei} -NSC -6% (earnings)
01[09:24] {@Threei} -AAOI -4% (earnings)
01[09:24] {@Threei} -NOK -3% (confirmed advanced talks with ALU for potential full combination)
01[09:24] {@Threei} -JCP -2% (guides Q1 SSS)
01[09:24] {@Threei} -WFC -1% (earnings)
01[09:24] {@Threei} -LVS -2% (hearing neg broker commentary on Macau MGM CWN.AU)
[09:31] {dino} dwti smr l .60
01[09:32] {@Threei} Long Setup: FB .40 break
01[09:32] {@Threei} If holds .30
01[09:32] {@Threei} hectic
[09:32] {jfjf64} Very
01[09:32] {@Threei} jumps instead of moving
01[09:33] {@Threei} Long Setup: MCD .20 break
01[09:33] {@Threei} If holds .10
[09:33] {dino} out dwti .6899
01[09:33] {@Threei} FB valid again
[09:33] {dino} +1.0899
01[09:34] {@Threei} 1:1
[09:34] {dino} tough crowd
01[09:34] {@Threei} this time is manageble
01[09:34] {@Threei} nice one dino
[09:34] {dino} ty
01[09:35] {@Threei} 1:2 FB
01[09:36] {@Threei} MCD to .14
01[09:36] {@Threei} touched 1:1
[09:37] {dino} gj
01[09:37] {@Threei} ty
01[09:40] {@Threei} half out MCD
01[09:40] {@Threei} takes way too long
01[09:41] {@Threei} stop is still .14 for the balance
01[09:41] {@Threei} 1:1
01[09:41] {@Threei} stop to .19 now
01[09:42] {@Threei} TWTR getting hammered
01[09:44] {@Threei} Long Setup: TWTR .90 break hl
01[09:44] {@Threei} If holds .80
01[09:45] {@Threei} 1:1
01[09:50] {@Threei} Long Setup: DAL .85 break
01[09:50] {@Threei} If holds .75
01[09:52] {@Threei} 1:2 MCD
01[09:52] {@Threei} amazingly slow one today
01[09:52] {@Threei} must be those burgers weighing it down
[09:54] {dino} caci drop
[09:55] {dino} too thin
[09:55] {dino} z drop
01[09:58] {@Threei} no go DAL
01[10:00] {@Threei} *(US) FEB BUSINESS INVENTORIES: 0.3% V 0.2%E
01[10:02] {@Threei} closed MCD balance on a trail
[10:05] {dino} smr l z 88.5-
[10:05] {dino} out 89.24, +.74
01[10:06] {@Threei} Long Setup: MCD .10 break
[10:06] {jfjf64} Nice
01[10:06] {@Threei} If holds 97
01[10:06] {@Threei} nice one dino
01[10:07] {@Threei} Long Setup: FCX .45 break
[10:07] {dino} ty, lucky
01[10:07] {@Threei} If holds .35
[10:10] {dino} wow z with that guide down, bounced back well
01[10:11] {@Threei} 1:1 MCD
01[10:12] {@Threei} FCX stop to .39
[10:15] {jfjf64} Common Big Mac
[10:19] {jfjf64} Love chart
[10:20] {jfjf64} Need spy
01[10:21] {@Threei} SPY is somewhat weird today
01[10:27] {@Threei} FCX, let's take half off here
01[10:30] {@Threei} 1:1
[10:30] {dino} wuba spike
01[10:30] {@Threei} closed MCD on a trail
01[10:33] {@Threei} Long Setup: LVS .70 break hl
01[10:33] {@Threei} If holds .60
[10:34] {dino} wuba smr s .46
[10:35] {jfjf64} U got balls Dino
[10:35] {jfjf64} Lol
[10:36] {dino} bstop .80 -.34
[10:37] {dino} jf, control thru size
01[10:37] {@Threei} nah LVS
[10:37] {dino} even if spike a buck, would only be 300 bucks
[10:37] {dino} rinsed
[10:39] {dino} damn, none avail now
[10:40] {dino} chrs spike
01[10:40] {@Threei} WUBA Reportedly agrees to merge with Ganji.com
01[10:41] {@Threei} Short Setup: DAL .70 break
01[10:41] {@Threei} If holds .80
[10:42] {dino} ty 3i, had put order in on wuba
[10:42] {dino} cx'd
01[10:42] {@Threei} :)
01[10:47] {@Threei} FCX continues grind-up
[10:47] {dino} qrvo hl l .03 ave
[10:47] {dino} or is it quervo
[10:48] {dino} hmm, no tequila drinkers here i guess
01[10:49] {@Threei} I am a scotch guy
[10:50] {drewj} I thought you liked vodka?
01[10:50] {@Threei} it has its uses
[10:50] {dino} beer, tequila, vodka, and scotch
[10:50] {dino} and i like them all chilled
[10:51] {dino} out qrvo .30, +.27
01[10:56] {@Threei} 1:1 DAL
01[11:00] {@Threei} 1:2
01[11:00] {@Threei} 1/4 more out FCX
[11:03] {dino} shak spike
[11:06] {dino} qrvo hlo l .88
01[11:07] {@Threei} 1:1 FCX
01[11:07] {@Threei} 1:2 FCX
[11:07] {dino} gj
01[11:07] {@Threei} correction
01[11:07] {@Threei} ty
01[11:07] {@Threei} and climbs
[11:07] {dino} better
01[11:08] {@Threei} slow but generous
[11:12] {dino} out qrvo .30, +.42
[11:15] {jfjf64} Gj
[11:30] {dino} ty
[11:32] {dino} pre spike
[11:33] {jfjf64} Wubaaaa
[11:34] {jfjf64} Turned vol on
01[11:34] {@Threei} (GR) European Commission Vice Presidet Dombrovskis indicates there is unlikely to be a decision on Greece aid on April 24 and will likely not agree on the aid by the end of the month
01[11:34] {@Threei} I fully expect Greece to make similar headlines in 2025
[11:36] {dino} pre vsm s .56
01[11:36] {@Threei} PRE Exor offers to acquire company for $130/shr; valued at $4.6B
[11:36] {dino} 130.56
[11:37] {dino} ty
01[11:40] {@Threei} The miss in the March US retail sales report is dampening US trading today, while European indices closed with some big losses thanks to fresh Greece worries
01[11:40] {@Threei} The IMF's world economic outlook report grappled with the implications of the strong dollar. The IMF said the US economy would see "robust" +3.1% growth in 2015 and 2016, down from +3.6% and 3.3%, respectively,
01[11:41] {@Threei} Officials at the IMF voiced doubts about the viability of Greece's membership of the euro zone given that Athens has repeated its threat to default on its obligations. IMF official Poul Thomsen warned that Greek negotiations were not working. These remarks were out this morning, after the FT reported yesterday that a Greek official stated "We have come to the end of the road?.?.?.?If the Europeans won't release bail-out cash, there is no alternative [to a default]."
[11:41] {jfjf64} Dal lod ?
01[11:41] {@Threei} .50 break short... maybe
[11:41] {dino} axs drop
01[11:41] {@Threei} kind of random time
[11:44] {dino} cov pre 129.75, +.81
[11:46] {jfjf64} Nicee
[11:46] {dino} ty, got lucky my entry was above buyout offer
[11:57] {dino} taking a break
[12:07] {jfjf64} Takin break also
[12:07] {jfjf64} Hey vg take a break
[12:07] {jfjf64} Lol
[12:08] {jfjf64} Nice grind Am session
01[12:08] {@Threei} I would if you hadn't waken me up by suggeting I take a break
[12:08] {jfjf64} Lol
[12:08] {jfjf64} No 1:4 while gone
01[12:08] {@Threei} that's not unlike a nurse to a patient:
[12:08] {jfjf64} See ya 2 pm
01[12:08] {@Threei} wake up, it's time to take your sleeping pill!
[12:08] {jfjf64} Funny shit
[12:08] {jfjf64} So true
[12:09] {jfjf64} Cat a machine today
01[12:16] {@Threei} Short Setup: FB .15 break
01[12:16] {@Threei} If holds .25
01[12:31] {@Threei} no go
01[13:01] {@Threei} be back in 30
01[13:28] {@Threei} frikin FB rinsed
01[13:58] {@Threei} Short Setup: FB .85 break
01[13:59] {@Threei} If holds .95
01[14:09] {@Threei} Invalidated
[14:09] {jfjf64} Anything going on
01[14:09] {@Threei} not really, sleepy period still
[14:09] {cosmo} hmm... approach/avoidance syndrome, maybe
[14:15] {dino} uuuggghhhhhh!!!!!!!!!!!!!
[14:18] {drewj} You ok dino?
[14:19] {dino} yeah, just had a real estate sale fall apart. i'll survive, but pissed off.
[14:20] {drewj} Sorry man.
01[14:21] {@Threei} Long Setup: DAL 43 break
01[14:21] {@Threei} If holds .95
[14:21] {dino} happens about every fourth sale
[14:22] {drewj} Are you in real estate as well?
01[14:22] {@Threei} buyer changing his mind, or financing falling through?
[14:22] {dino} buyer chickened out
01[14:23] {@Threei} you guys have a strange system south of border...
01[14:23] {@Threei} spoke to a friend recently who sold his house and bought new, so could compare
[14:23] {dino} i'm a speculator drew, i buy foreclosure houses have a crew fix them, then flip them. i've flipped 29 foreclosures in last ten years, of course the sale on my 30th falls through. oh well, theres always another buyer
01[14:24] {@Threei} byters making an offer do not commit really, can pull out at any time
01[14:24] {@Threei} buyers
01[14:24] {@Threei} not so in Canada
[14:24] {dino} obummer must hate me, speculator in real estate, stocks, and options.
01[14:24] {@Threei} there is a deposit attached to your offer, you do commit
[14:25] {dino} 3i, yes, they generally can leave deal without penalty by making up some bs reason
[14:25] {dino} deposits are very hard to keep
01[14:25] {@Threei} you pull out, you lose deposit, and it's a sizeable chunk, 5-10K
01[14:25] {@Threei} so no one makes offers willy-nilly
[14:26] {dino} used to be that way. but if financing is involved, buyers can walk away pretty easily
[14:26] {jfjf64} You in dal vg
01[14:26] {@Threei} no
01[14:27] {@Threei} lost .95 before breaking
01[14:27] {@Threei} watching for reestavlishment
01[14:27] {@Threei} if holdsa now, will be valid on next break
[14:28] {jfjf64} K
01[14:29] {@Threei} financing falling through is valid reason here too, but in most cases RE agents require mortgage pre-approval
01[14:30] {@Threei} so most issues are taken care of in advance
[14:30] {dino} here all guy has to do is say something to their bank, and the bank gives a bs reason not to approve the loan, then deal falls apart
01[14:31] {@Threei} Invalidated
01[14:31] {@Threei} yeah, not much commitment... can be tough on seller
[14:31] {dino} you see vad, in america, nobody is responsible for their actions anymore
[14:31] {drewj} dino do you hire the crew or are they full tim with you?
01[14:31] {@Threei} I know
[14:33] {dino} i hire a small crew, they've been working for me for years. its better for me to pay them than to lose time trading or finding another fix/flip
[14:33] {dino} most i do is lawnmowing and sometimes painting
[14:34] {dino} drewj, if you are interested in learning go to biggerpockets.com. free site with great info
01[14:35] {@Threei} Short Setup: FB 83 break
01[14:36] {@Threei} If holds .10
[14:47] {drewj} I will check it out dino. Thanks,
[14:47] {drewj} I have some freinds that so that.
[14:47] {drewj} do
[14:57] {dino} np, gl
01[14:57] {@Threei} no gi
01[14:57] {@Threei} o
01[15:01] {@Threei} Long Setup: IWM .75 break
01[15:01] {@Threei} If holds .65
01[15:02] {@Threei} change to .70
01[15:29] {@Threei} not liking second half of the day
01[15:31] {@Threei} what the deuce
[15:31] {drewj} Got to go guys. Have a great day.
[15:31] {dino} same. good morning, nothing in afternoon yet
01[15:31] {@Threei} take care drew
[15:32] {dino} cya drew
01[15:32] {@Threei} Long Setup: TWTR .30 break
01[15:33] {@Threei} If holds .20
01[15:33] {@Threei} last try for today
[15:34] {jfjf64} Try
[15:34] {jfjf64} ??
[15:35] {jfjf64} Wash ya mouth out with STOLI ASAP!!!!!!!!!!
[15:35] {dino} hard to keep this market down
[15:36] {dino} can't believe z back to flat after a 40% reduction in estimates
[15:37] {jfjf64} Outa here goodnight boys
[15:37] {dino} gn jf
[15:37] {dino} pnk spike
01[15:37] {@Threei} take care jf
[15:38] {dino} sm s .50
[15:39] {dino} cov pnk .80, +.70
01[15:39] {@Threei} wtg
01[15:39] {@Threei} Invalidated
[15:39] {dino} ty
[15:39] {dino} lately after 3:30 i'm getting a nice spike to short
01[15:39] {@Threei} ok, empty last hour
01[15:39] {@Threei} finishing on this
01[15:39] {@Threei} see you tomorrow!
[15:42] {dino} gn vad
Monday, April 13, 2015
Apr 13 2015
That says "good Monday morning" loudly. Hitting 1:10 as I post it.
(Chart's courtesy of a broker)
Session Time: Mon Apr 13 00:00:00 2015
[09:04] {dino} gm
01[09:04] {@Threei} dino :)
[09:07] {drewj} Gm All
01[09:08] {@Threei} drew :)
[09:19] {jfjf64} Mornin all
01[09:20] {@Threei} jf :)
[09:20] {drewj} gm
01[09:20] {@Threei} dptl said hello to everyone, should be back soon
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -BLDR +50% (acquiring ProBuild for $1.63B cash)
01[09:25] {@Threei} -ABIO +30% (received FDA fast track designation for Gencaro Atrial Fibrillation Development)
01[09:25] {@Threei} -ARWR +14% (cleared to proceed with mult dose Phase 2b study of ARC-520)
01[09:25] {@Threei} -GBSN +8% (Q1 business update)
01[09:25] {@Threei} -CLVS +8% (positive broker commentary)
01[09:25] {@Threei} -P +7% (no news seen other than Spotify valuation)
01[09:25] {@Threei} -QCOM +5% (collaborating with CERN to advance remote health monitoring)
01[09:25] {@Threei} -DEPO +5% (enters Gralise ANDA litigation settlement confirming exclusivity to 2024 & dismissing appeal)
01[09:26] {@Threei} -GOMO +4.4% (received non-binding going private proposal at $4.90/shr)
01[09:26] {@Threei} -PIP +3.5% (received $5.8M payment from Biomedical Advanced Research & Development Authority)
01[09:26] {@Threei} -SHLD +3% (formed real estate JV with SPG)
01[09:26] {@Threei} -NFLX +3% (positive broker commentary)
01[09:26] {@Threei} Downside:
01[09:26] {@Threei} -HIVE -13% (guides Q1 lower)
01[09:26] {@Threei} -SINA -3% (company threatened by regulators that they may shut down its news site due to inadequacy)
01[09:29] {@Threei} (RU) Russia lifts ban on sale of S-300 anti-aircraft missiles to Iran
01[09:31] {@Threei} Long Setup: VXX .85 break
01[09:31] {@Threei} If holds .80
01[09:32] {@Threei} Long Setup: FB .10 break
01[09:32] {@Threei} If holds 82
01[09:33] {@Threei} 1:1 FB
01[09:34] {@Threei} VXX valid
01[09:34] {@Threei} 1:2 FB
01[09:34] {@Threei} 1:3
01[09:34] {@Threei} 1:4
01[09:34] {@Threei} out
[09:34] {dino} sold uri call from march, +2.63 / 89%
01[09:35] {@Threei} wtg
[09:35] {dino} ty
[09:35] {jfjf64} Nice fb
01[09:37] {@Threei} wow... 1:6
01[09:37] {@Threei} 7
01[09:37] {@Threei} lol
[09:38] {dino} gj
01[09:38] {@Threei} ty
[09:41] {jfjf64} Short here
[09:41] {jfjf64} Fb
[09:41] {jfjf64} Tight stop
[09:42] {jfjf64} For me
[09:42] {jfjf64} 83.00
01[09:44] {@Threei} yup
01[09:44] {@Threei} good setup if holds .10
[09:46] {jfjf64} Gets pass 90 we good
[09:46] {jfjf64} Watch dal
[09:48] {jfjf64} Die fb
01[09:49] {@Threei} nah
[09:52] {jfjf64} Los
01[09:53] {@Threei} Long Setup: MCD .70 break
01[09:53] {@Threei} If holds .60
01[09:55] {@Threei} valid
[09:57] {jfjf64} Lvs
01[10:03] {@Threei} no go
[10:03] {dino} wuba drop
01[10:09] {@Threei} Long Setup: VXX .65 break
01[10:09] {@Threei} If holds .60
[10:20] {dino} wuba hl l ave .96
01[10:31] {@Threei} BMY Ticking higher on vague takeover chatter circulating- Pfizer rumored as a potential acquirer
01[10:33] {@Threei} Short Setup: CAT .30 break
01[10:33] {@Threei} If holds .40
01[10:36] {@Threei} valid
[10:40] {jfjf64} Common vg bigMeow
01[10:41] {@Threei} 1:1 VXX
[10:44] {dino} stop wuba .72, -.24
[10:46] {dino} crs hl l .05
01[10:49] {@Threei} 1:1 CAT
[10:50] {jfjf64} Vwap .13 cat
01[10:51] {@Threei} 1:2 VXX
[10:54] {jfjf64} Ty vg
01[10:54] {@Threei} yw
[10:54] {jfjf64} You had your vitamins today
[10:54] {jfjf64} ??
01[10:55] {@Threei} diluted in single malt
[10:55] {jfjf64} Yes sir
[11:00] {dino} good boy
01[11:07] {@Threei} CAT slides more
[11:15] {jfjf64} Big vol spy
[11:23] {drewj} This room is so quite now!
[11:23] {dino} out crs .28, +.23
[11:24] {dino} yes drew, we are down a bunch of members
[11:24] {drewj} OK
01[11:24] {@Threei} I could sing but I am not sure you'd survive that experience
[11:24] {drewj} How have you been dino?
[11:24] {drewj} Do you remember me? I was here
[11:24] {drewj} a while back.
[11:25] {drewj} I'm the fellow Pennsylvanian.
[11:25] {drewj} You could do that Vad. I'd like to hear it at least once.
01[11:25] {@Threei} be careful what you wish for...
[11:26] {drewj} :)
[11:26] {drewj} I'm scared to ask but where is Nemo?
01[11:26] {@Threei} I am invited regularly to end the parties that went on longer than the host wanted
01[11:26] {@Threei} I start singing... people start breaking down windows to get out of the zone of horror
[11:27] {drewj} I'll be sure to karaoke with you at least once.
[11:27] {jfjf64} Krft l 88.05
[11:27] {drewj} You mean thick Russian accecnts don't lend themselves to singing?
[11:27] {dino} yes, i remember, welcome back pa buddy
01[11:27] {@Threei} no, accent is fine
[11:28] {dino} been very well drew
[11:28] {jfjf64} 1/1
[11:28] {drewj} Just the voice then?
01[11:28] {@Threei} it's complete inability to sing in tune that does that to people
[11:28] {drewj} Good dino
[11:28] {drewj} Ha
01[11:29] {@Threei} nemo's buried under family issues for a while; ese is tied with scheduling conflict till July 1
01[11:29] {@Threei} 1:3 VXX
[11:30] {drewj} You could give up photography and join a choir.
01[11:30] {@Threei} and be jailed as a mass murderer?
[11:31] {drewj} :)
[11:32] {jfjf64} 1:2
[11:32] {jfjf64} Kraft
[11:32] {jfjf64} Out
01[11:33] {@Threei} wtg
[11:33] {dino} gj
[11:33] {jfjf64} Gld
[11:33] {jfjf64} ??
[11:33] {dino} altr spike
[11:34] {jfjf64} Great chart altr
[11:34] {jfjf64} Wish I was in
[11:40] {dino} altr hl s .20
[11:41] {dino} cov altr .98, +.22
01[11:41] {@Threei} 1:4 VXX
01[11:41] {@Threei} out
[11:41] {dino} gj
01[11:42] {@Threei} ty
[11:43] {jfjf64} Nice
01[11:44] {@Threei} Earnings season gets underway this week with quarterly reports from the big US banks. Shares of Goldman Sachs, JPMorgan, Morgan Stanley and Citigroup are leading indices higher this morning, with good gains ahead of reports in the coming days. With the bulk of the major regulatory settlements behind them, the economy brightening and interest rate hikes not too far off, this earnings season could be the beginning of a positive feedback loop for the financials.
01[11:44] {@Threei} The dollar extended last week's rally this morning, with EUR/USD dipping briefly below 1.0550, approaching the mid-March 12-year low of 1.0462. At least some of the softness follows reports on Sunday that the EU has given Athens until April 20th to preset a new slate of reforms in order for the final €7.2 billion tranche of aid funds to be unlocked.
[11:45] {jfjf64} Aapl Bounce here
[11:46] {jfjf64} Stop old
[11:46] {jfjf64} Lod
[11:46] {jfjf64} .35
[11:48] {jfjf64} 1:1
[11:50] {jfjf64} Easy like Sunday mornin
[11:52] {jfjf64} Aapl doesn't like when I sign
01[12:08] {@Threei} Short Setup: ALTR .90 break
01[12:09] {@Threei} If holds 45
[12:11] {jfjf64} Still valid
01[12:11] {@Threei} yes
01[12:11] {@Threei} 1:1
[12:12] {jfjf64} Mother f
[12:12] {jfjf64} I was typing missed
01[12:17] {@Threei} 1:2
01[12:22] {@Threei} 1:3
01[12:22] {@Threei} out
[12:24] {jfjf64} Nice read
01[12:35] {@Threei} Long Setup: IWM .15 break
01[12:35] {@Threei} If holds .05
[12:36] {mib_n1semj} hi
03[12:36] * mib_n1semj is now known as Sentiment
01[12:37] {@Threei} what was that, lol
01[12:58] {@Threei} Long Setup: ALRT .60 break
01[12:58] {@Threei} If holds .50
01[12:59] {@Threei} change to .55
[13:00] {drewj} Break or stop
01[13:00] {@Threei} break
01[13:01] {@Threei} change to .50
01[13:01] {@Threei} If holds .40
01[13:05] {@Threei} no go
[13:14] {drewj} Was that a double bottom play?
01[13:14] {@Threei} (GR) Greece said to be considering possible debt default if talks with creditors fail - FT - Greece official indicates that if the bailout cash is not released there is no alternative but to default, though its unclear if that is just another negotiating tactic.'
[13:15] {dino} what else is new
[13:22] {dino} cuda drop
[13:42] {dino} cuda hl l .59
[13:42] {dino} wrong symbol, that was pfpt
[13:48] {dino} cuda hl l .63
01[14:00] {@Threei} Long Setup: FB .45 break
01[14:01] {@Threei} If holds .35
01[14:01] {@Threei} *(US) MAR MONTHLY BUDGET STATEMENT: -$52.9B V -$43.4BE - Receipts: $234.2B v $215.9B y/y- Outlays: $287.1B v $252.7B y/y
01[14:02] {@Threei} recepts rise by 20B... great. Until you see that outlays rise by 35
[14:02] {dino} out pfpt .95, +36
[14:02] {dino} .36
01[14:02] {@Threei} wtg
[14:03] {dino} bset spike
[14:03] {dino} ty
01[14:03] {@Threei} (GR) Greece official denies earlier reports that Greece is planning for default if creditor talks fall through
[14:06] {jfjf64} Lol
[14:06] {dino} oh course, they take the money first, then default
01[14:11] {@Threei} stop to .39
[14:13] {dino} out cuda .98, +.35
[14:40] {jfjf64} Dal 10 break
[15:09] {jfjf64} All sleepin
01[15:09] {@Threei} waking up to see what's out there
01[15:10] {@Threei} watching FB for pullback entry
[15:11] {jfjf64} The pull i kid
01[15:13] {@Threei} grrrr
01[15:14] {@Threei} what pullback FB says
01[15:18] {@Threei} drop more
01[15:18] {@Threei} .15 at least
01[15:18] {@Threei} .10 better yet
[15:18] {jfjf64} .10
[15:21] {jfjf64} Like vxx here
[15:21] {jfjf64} ??
01[15:21] {@Threei} don't know yet but watching
[15:24] {drewj} Vad do you enter your stop price in the level 2 so you can quickly get out?
[15:25] {drewj} I've been getting out 2-3 cents to late.
[15:25] {drewj} It's killing my stats.
01[15:25] {@Threei} if it moves closer to stop, I click on the exit price and hover over sell buttton
[15:26] {drewj} ok
01[15:26] {@Threei} VXX got away too
01[15:27] {@Threei} what the deuce
[15:40] {jfjf64} Good night boys
[15:40] {jfjf64} Ty
01[15:41] {@Threei} take care jf
01[15:41] {@Threei} I have to try FB here
01[15:41] {@Threei} .40 break
[15:43] {drewj} So all your setups involve some form of breaking a resistance or support right?
[15:43] {jfjf64} I'm with ya
[15:44] {dino} gn all
[15:44] {drewj} Later dino
01[15:44] {@Threei} bye dino
01[15:44] {@Threei} as a trigger, yes
[15:44] {dino} ty, u2.
01[15:45] {@Threei} nah, this one doesn't want to go anymore
01[15:45] {@Threei} done for the day, thank you all
01[15:45] {@Threei} see you tomorrow
[15:45] {drewj} I'm outta here too...take care guys.
Session Time: Mon Apr 13 00:00:00 2015
[09:04] {dino} gm
01[09:04] {@Threei} dino :)
[09:07] {drewj} Gm All
01[09:08] {@Threei} drew :)
[09:19] {jfjf64} Mornin all
01[09:20] {@Threei} jf :)
[09:20] {drewj} gm
01[09:20] {@Threei} dptl said hello to everyone, should be back soon
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -BLDR +50% (acquiring ProBuild for $1.63B cash)
01[09:25] {@Threei} -ABIO +30% (received FDA fast track designation for Gencaro Atrial Fibrillation Development)
01[09:25] {@Threei} -ARWR +14% (cleared to proceed with mult dose Phase 2b study of ARC-520)
01[09:25] {@Threei} -GBSN +8% (Q1 business update)
01[09:25] {@Threei} -CLVS +8% (positive broker commentary)
01[09:25] {@Threei} -P +7% (no news seen other than Spotify valuation)
01[09:25] {@Threei} -QCOM +5% (collaborating with CERN to advance remote health monitoring)
01[09:25] {@Threei} -DEPO +5% (enters Gralise ANDA litigation settlement confirming exclusivity to 2024 & dismissing appeal)
01[09:26] {@Threei} -GOMO +4.4% (received non-binding going private proposal at $4.90/shr)
01[09:26] {@Threei} -PIP +3.5% (received $5.8M payment from Biomedical Advanced Research & Development Authority)
01[09:26] {@Threei} -SHLD +3% (formed real estate JV with SPG)
01[09:26] {@Threei} -NFLX +3% (positive broker commentary)
01[09:26] {@Threei} Downside:
01[09:26] {@Threei} -HIVE -13% (guides Q1 lower)
01[09:26] {@Threei} -SINA -3% (company threatened by regulators that they may shut down its news site due to inadequacy)
01[09:29] {@Threei} (RU) Russia lifts ban on sale of S-300 anti-aircraft missiles to Iran
01[09:31] {@Threei} Long Setup: VXX .85 break
01[09:31] {@Threei} If holds .80
01[09:32] {@Threei} Long Setup: FB .10 break
01[09:32] {@Threei} If holds 82
01[09:33] {@Threei} 1:1 FB
01[09:34] {@Threei} VXX valid
01[09:34] {@Threei} 1:2 FB
01[09:34] {@Threei} 1:3
01[09:34] {@Threei} 1:4
01[09:34] {@Threei} out
[09:34] {dino} sold uri call from march, +2.63 / 89%
01[09:35] {@Threei} wtg
[09:35] {dino} ty
[09:35] {jfjf64} Nice fb
01[09:37] {@Threei} wow... 1:6
01[09:37] {@Threei} 7
01[09:37] {@Threei} lol
[09:38] {dino} gj
01[09:38] {@Threei} ty
[09:41] {jfjf64} Short here
[09:41] {jfjf64} Fb
[09:41] {jfjf64} Tight stop
[09:42] {jfjf64} For me
[09:42] {jfjf64} 83.00
01[09:44] {@Threei} yup
01[09:44] {@Threei} good setup if holds .10
[09:46] {jfjf64} Gets pass 90 we good
[09:46] {jfjf64} Watch dal
[09:48] {jfjf64} Die fb
01[09:49] {@Threei} nah
[09:52] {jfjf64} Los
01[09:53] {@Threei} Long Setup: MCD .70 break
01[09:53] {@Threei} If holds .60
01[09:55] {@Threei} valid
[09:57] {jfjf64} Lvs
01[10:03] {@Threei} no go
[10:03] {dino} wuba drop
01[10:09] {@Threei} Long Setup: VXX .65 break
01[10:09] {@Threei} If holds .60
[10:20] {dino} wuba hl l ave .96
01[10:31] {@Threei} BMY Ticking higher on vague takeover chatter circulating- Pfizer rumored as a potential acquirer
01[10:33] {@Threei} Short Setup: CAT .30 break
01[10:33] {@Threei} If holds .40
01[10:36] {@Threei} valid
[10:40] {jfjf64} Common vg bigMeow
01[10:41] {@Threei} 1:1 VXX
[10:44] {dino} stop wuba .72, -.24
[10:46] {dino} crs hl l .05
01[10:49] {@Threei} 1:1 CAT
[10:50] {jfjf64} Vwap .13 cat
01[10:51] {@Threei} 1:2 VXX
[10:54] {jfjf64} Ty vg
01[10:54] {@Threei} yw
[10:54] {jfjf64} You had your vitamins today
[10:54] {jfjf64} ??
01[10:55] {@Threei} diluted in single malt
[10:55] {jfjf64} Yes sir
[11:00] {dino} good boy
01[11:07] {@Threei} CAT slides more
[11:15] {jfjf64} Big vol spy
[11:23] {drewj} This room is so quite now!
[11:23] {dino} out crs .28, +.23
[11:24] {dino} yes drew, we are down a bunch of members
[11:24] {drewj} OK
01[11:24] {@Threei} I could sing but I am not sure you'd survive that experience
[11:24] {drewj} How have you been dino?
[11:24] {drewj} Do you remember me? I was here
[11:24] {drewj} a while back.
[11:25] {drewj} I'm the fellow Pennsylvanian.
[11:25] {drewj} You could do that Vad. I'd like to hear it at least once.
01[11:25] {@Threei} be careful what you wish for...
[11:26] {drewj} :)
[11:26] {drewj} I'm scared to ask but where is Nemo?
01[11:26] {@Threei} I am invited regularly to end the parties that went on longer than the host wanted
01[11:26] {@Threei} I start singing... people start breaking down windows to get out of the zone of horror
[11:27] {drewj} I'll be sure to karaoke with you at least once.
[11:27] {jfjf64} Krft l 88.05
[11:27] {drewj} You mean thick Russian accecnts don't lend themselves to singing?
[11:27] {dino} yes, i remember, welcome back pa buddy
01[11:27] {@Threei} no, accent is fine
[11:28] {dino} been very well drew
[11:28] {jfjf64} 1/1
[11:28] {drewj} Just the voice then?
01[11:28] {@Threei} it's complete inability to sing in tune that does that to people
[11:28] {drewj} Good dino
[11:28] {drewj} Ha
01[11:29] {@Threei} nemo's buried under family issues for a while; ese is tied with scheduling conflict till July 1
01[11:29] {@Threei} 1:3 VXX
[11:30] {drewj} You could give up photography and join a choir.
01[11:30] {@Threei} and be jailed as a mass murderer?
[11:31] {drewj} :)
[11:32] {jfjf64} 1:2
[11:32] {jfjf64} Kraft
[11:32] {jfjf64} Out
01[11:33] {@Threei} wtg
[11:33] {dino} gj
[11:33] {jfjf64} Gld
[11:33] {jfjf64} ??
[11:33] {dino} altr spike
[11:34] {jfjf64} Great chart altr
[11:34] {jfjf64} Wish I was in
[11:40] {dino} altr hl s .20
[11:41] {dino} cov altr .98, +.22
01[11:41] {@Threei} 1:4 VXX
01[11:41] {@Threei} out
[11:41] {dino} gj
01[11:42] {@Threei} ty
[11:43] {jfjf64} Nice
01[11:44] {@Threei} Earnings season gets underway this week with quarterly reports from the big US banks. Shares of Goldman Sachs, JPMorgan, Morgan Stanley and Citigroup are leading indices higher this morning, with good gains ahead of reports in the coming days. With the bulk of the major regulatory settlements behind them, the economy brightening and interest rate hikes not too far off, this earnings season could be the beginning of a positive feedback loop for the financials.
01[11:44] {@Threei} The dollar extended last week's rally this morning, with EUR/USD dipping briefly below 1.0550, approaching the mid-March 12-year low of 1.0462. At least some of the softness follows reports on Sunday that the EU has given Athens until April 20th to preset a new slate of reforms in order for the final €7.2 billion tranche of aid funds to be unlocked.
[11:45] {jfjf64} Aapl Bounce here
[11:46] {jfjf64} Stop old
[11:46] {jfjf64} Lod
[11:46] {jfjf64} .35
[11:48] {jfjf64} 1:1
[11:50] {jfjf64} Easy like Sunday mornin
[11:52] {jfjf64} Aapl doesn't like when I sign
01[12:08] {@Threei} Short Setup: ALTR .90 break
01[12:09] {@Threei} If holds 45
[12:11] {jfjf64} Still valid
01[12:11] {@Threei} yes
01[12:11] {@Threei} 1:1
[12:12] {jfjf64} Mother f
[12:12] {jfjf64} I was typing missed
01[12:17] {@Threei} 1:2
01[12:22] {@Threei} 1:3
01[12:22] {@Threei} out
[12:24] {jfjf64} Nice read
01[12:35] {@Threei} Long Setup: IWM .15 break
01[12:35] {@Threei} If holds .05
[12:36] {mib_n1semj} hi
03[12:36] * mib_n1semj is now known as Sentiment
01[12:37] {@Threei} what was that, lol
01[12:58] {@Threei} Long Setup: ALRT .60 break
01[12:58] {@Threei} If holds .50
01[12:59] {@Threei} change to .55
[13:00] {drewj} Break or stop
01[13:00] {@Threei} break
01[13:01] {@Threei} change to .50
01[13:01] {@Threei} If holds .40
01[13:05] {@Threei} no go
[13:14] {drewj} Was that a double bottom play?
01[13:14] {@Threei} (GR) Greece said to be considering possible debt default if talks with creditors fail - FT - Greece official indicates that if the bailout cash is not released there is no alternative but to default, though its unclear if that is just another negotiating tactic.'
[13:15] {dino} what else is new
[13:22] {dino} cuda drop
[13:42] {dino} cuda hl l .59
[13:42] {dino} wrong symbol, that was pfpt
[13:48] {dino} cuda hl l .63
01[14:00] {@Threei} Long Setup: FB .45 break
01[14:01] {@Threei} If holds .35
01[14:01] {@Threei} *(US) MAR MONTHLY BUDGET STATEMENT: -$52.9B V -$43.4BE - Receipts: $234.2B v $215.9B y/y- Outlays: $287.1B v $252.7B y/y
01[14:02] {@Threei} recepts rise by 20B... great. Until you see that outlays rise by 35
[14:02] {dino} out pfpt .95, +36
[14:02] {dino} .36
01[14:02] {@Threei} wtg
[14:03] {dino} bset spike
[14:03] {dino} ty
01[14:03] {@Threei} (GR) Greece official denies earlier reports that Greece is planning for default if creditor talks fall through
[14:06] {jfjf64} Lol
[14:06] {dino} oh course, they take the money first, then default
01[14:11] {@Threei} stop to .39
[14:13] {dino} out cuda .98, +.35
[14:40] {jfjf64} Dal 10 break
[15:09] {jfjf64} All sleepin
01[15:09] {@Threei} waking up to see what's out there
01[15:10] {@Threei} watching FB for pullback entry
[15:11] {jfjf64} The pull i kid
01[15:13] {@Threei} grrrr
01[15:14] {@Threei} what pullback FB says
01[15:18] {@Threei} drop more
01[15:18] {@Threei} .15 at least
01[15:18] {@Threei} .10 better yet
[15:18] {jfjf64} .10
[15:21] {jfjf64} Like vxx here
[15:21] {jfjf64} ??
01[15:21] {@Threei} don't know yet but watching
[15:24] {drewj} Vad do you enter your stop price in the level 2 so you can quickly get out?
[15:25] {drewj} I've been getting out 2-3 cents to late.
[15:25] {drewj} It's killing my stats.
01[15:25] {@Threei} if it moves closer to stop, I click on the exit price and hover over sell buttton
[15:26] {drewj} ok
01[15:26] {@Threei} VXX got away too
01[15:27] {@Threei} what the deuce
[15:40] {jfjf64} Good night boys
[15:40] {jfjf64} Ty
01[15:41] {@Threei} take care jf
01[15:41] {@Threei} I have to try FB here
01[15:41] {@Threei} .40 break
[15:43] {drewj} So all your setups involve some form of breaking a resistance or support right?
[15:43] {jfjf64} I'm with ya
[15:44] {dino} gn all
[15:44] {drewj} Later dino
01[15:44] {@Threei} bye dino
01[15:44] {@Threei} as a trigger, yes
[15:44] {dino} ty, u2.
01[15:45] {@Threei} nah, this one doesn't want to go anymore
01[15:45] {@Threei} done for the day, thank you all
01[15:45] {@Threei} see you tomorrow
[15:45] {drewj} I'm outta here too...take care guys.
Friday, April 10, 2015
Market Week Wrap-up
A Taoist Trader:it is available now for Kindle and other readers and devices. You will find it at
TradeTheNews.com Weekly Market Update: Irrational Exuberance Goes Global
Fri, 10 Apr 2015 16:12 PM EST
Global equities surged even higher this week, putting leading indices at or near all-time highs. The DAX closed out Friday at a fresh all-time high of 12,374. In Japan, the Nikkei briefly topped 20,000 for the first time in 15 years on several big corporate deals and hopes for more stimulus in China. The Hang Seng advanced to seven-year highs on record volumes as mainland investors bought their entire 10.5 billion yuan daily investment quota for Hong Kong stocks for two straight days. The dollar index had its best week in four years, aided by continued euro softness plus a dip in sterling as February UK industrial and construction data disappointed. The DJIA and S&P500 came close to their mid-March all-time highs, and for the week, the DJIA gained 1.6%, the S&P added 1.7% and the Nasdaq rose 2.2%.
The ECB's QE impact continued unabated, as equities surged higher, the euro remained weak and yields fell further. Euro zone sovereign yields fell to fresh record low levels on Thursday (thanks in part to relief Greece made its IMF debt payment after a few weeks of jitters): the French 10-year yield dropped to 0.43% and the German 10-year Bund declined to 0.15%, just a day after Switzerland auctioned 10-year bonds with a negative yield, the first time a government has done so in history.
The Fed minutes out on Wednesday unveiled a fractured FOMC. "Several" officials thought June would be the right time to raise rates, others thought it would be better to wait longer given the impact of the strong dollar and energy prices on inflation, and "a couple" thought the Fed might need to wait until 2016. In speeches, dovish Fed governor Kocherlakota remarked the Fed should defer the first interest rate hike to the second half of 2016, while Lockhart asserted rate hikes were still likely in the June-September period. Dudley said the timing of the first rate hike may be further off now due to recent weak economic data, but a June hike was still in play. More interestingly, Dudley also said that while he was unsure how financial markets would respond to rate hikes, the rate path would be shaped in part by the market's reaction.
The JOLTS and jobless claims data out this week partially dispelled the gloom from last Friday's big miss in the March payrolls. Fed's Dudley noted that he did not believe the March jobs data provided a very good read on the US labor market, given the weather impact. The February JOLTS job openings report - Fed Chair Yellen's favorite gauge of employment demand - was very strong, rising to its best level since 2001. Meanwhile, the four-week average of continuing jobless claims declined to their lowest level since mid-2000. Taken together, analysts say the data is only the latest sign the US is getting close to full employment.
Crude prices were fairly volatile this week as inventories and the Iran situation whipped the major front-month contracts around. WTI gained 8% in the first half of the week, peaking at $54, on a Genscape report that the weekly inventory reports would be unexpectedly low. This did not come to pass, with the API data showing its fourth straight build and the biggest gain in nearly two months at +12.2M bbls and the DoE report disclosing 13th straight build and the largest gain since 2001 at +11M bbls. WTI dropped back to $50, and Brent sank below $56 in tandem after the data. There was more choppiness in the second half of the week after the Iran leadership made some skeptical comments about the framework agreement reached with the western powers last week, and both Brent and WTI closed out the week only slightly higher.
Alcoa's first quarter report unofficially kicked off the March quarter earnings season. The aluminum manufacturer reported solid y/y growth in profits, but revenues came in just short of consensus, pushing shares lower. Drug store chains Rite Aid and Walgreen both widely beat earnings expectations. Rite Aid's initial FY guidance was subpar, sending shares down 6% on the week, while Walgreen was up as much on a solid FY forecast. Samsung Electronics's quarterly operating earnings fell 31% y/y, however the total was well ahead of expectations, raising hopes the firm may be emerging from its profit slump. Global preorders for the Apple Watch sold out fast on Friday, ahead of the start of in-store sales on April 24th.
Bed Bath & Beyond reported Q4 results below expectations and issued conservative guidance for Q1 and 2015, citing tough y/y comparisons as it will not repeat some one-time tax benefits enjoyed in 2014. Shares of Gap Inc. gapped lower on Friday after reporting March retail sales, capping off another lackluster month for US retailers. Gap's total same store sales were a little better than expected thanks to double digit growth at Old Navy, but the Gap Stores brand disappointed with same store sales down 7%. With the Gap sales data included, overall US same store sales were estimated to be up only 0.4% for March.
General Electric has decided it no longer needs a bank. In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a Systemically Important Financial Institution (SIFI). GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion. It also authorized a share repurchase program of up to $50 billion, funded by returning about $36 billion in cash it currently holds overseas, incurring a $6 billion tax bill on the cash repatriation. Approximately $16 billion of after-tax charges are expected to be recorded in the first quarter of 2015.
The worldwide volume of merger deals announced in 2015 topped $1 trillion this week, and the WSJ reported that if the current pace is sustained, volume for the full year would exceed $3.7 trillion, making it the second-biggest year in history after 2007. In the biggest energy deal in recent memory, Royal Dutch Shell agreed to buy Britain's BG Group in a $70 billion cash and stock. The combined group would have a market capitalization of about $240 billion, twice as big as BP, but still smaller than ExxonMobil. In other deals, FedEx reached a deal to buy Dutch firm TNT Express for $4.8 billion in cash, helping the delivery firm expand operations in Europe. PE firm Permira and the Canada Pension Plan have teamed up to acquire Informatica, an enterprise software company, for about $5.3 billion.
There had been talk for a few weeks that Intel was pursuing programmable logic device maker Altera, but Intel broke off negotiations after Altera was unwilling to take its offer, said to be around $54/share. Altera briefly cratered but shook off the losses on the prospect of it now being in play on the hopes that its upcoming earnings may justify rejecting the Intel offer. Mylan made a preliminary, non-binding proposal to acquire Perrigo for $205/share in cash and stock, valuing it at about $30B. There has been talk since last fall that Teva was interested in buying Mylan, and some reports suggested that Mylan's overture toward Perrigo was a defensive move. Shares of all three generic drug makers were significantly higher after the news.
China indices continued their string of weekly gains as both the Shanghai Composite and the Hang Seng closed at 7-year highs. Shanghai rallied 4.4%, topping the 4,000 level, while Hong Kong had its best week in years, rising nearly 8% to above the 27,000 mark. The strong performance of the Hang Seng was attributed to two consecutive days of investors utilizing the full uptake of the Shanghai-Hong Kong connect. Analysts noted the funds flowing into Hong Kong sought out the dually-listed H-shares offering a discount of over 20%, with the Hang Seng securities having underperformed the recent rally on the mainland index. China inflation data released later in the week was also steady, as CPI remained at 1.4% and the PPI decline stopped expanding for the first time in 8 months. The balance of March data are due next week, with some expectation of continued softness in trade data justifying ongoing PBoC support.
The week was also active for Asia-Pacific central banks, though there were hardly any surprises. The Bank of Japan maintained its annual rate of monetary base expansion at ¥80T, but also lowered its assessment of CPI to 0% from 0-0.5%. BOJ was also faced with a more pronounced dissent by board member Kiuchi who asked for a taper to ¥45T, defeating that call by "majority" which implies that he may have had some support. The Reserve Bank of Australia stood pat at 2.25%, but toned down its rhetoric for lower exchange rate to "further depreciation seems likely", which sent AUD/USD higher by over a cent above $0.77 level. The RBA also retained its focus on risks of inflation in the property market. The Bank of Korea left rates on hold at 1.75%, with one dissenter calling for a rate cut. The BOK also slashed its GDP forecasts by 0.3 percentage points each for 2015 and 2016, to 3.1% and 3.4%, respectively. Late in the week, Korean authorities were admonished by the US Treasury's semi-annual report on currency, which called for interventions to take place only in disorderly market cases.
That completes publishing this book in all popular formats. First Amazon reviews and readers' feedback started trickling down, and they are very positive. Hope you find the book useful and enjoyable as well!
TradeTheNews.com Weekly Market Update: Irrational Exuberance Goes Global
Fri, 10 Apr 2015 16:12 PM EST
Global equities surged even higher this week, putting leading indices at or near all-time highs. The DAX closed out Friday at a fresh all-time high of 12,374. In Japan, the Nikkei briefly topped 20,000 for the first time in 15 years on several big corporate deals and hopes for more stimulus in China. The Hang Seng advanced to seven-year highs on record volumes as mainland investors bought their entire 10.5 billion yuan daily investment quota for Hong Kong stocks for two straight days. The dollar index had its best week in four years, aided by continued euro softness plus a dip in sterling as February UK industrial and construction data disappointed. The DJIA and S&P500 came close to their mid-March all-time highs, and for the week, the DJIA gained 1.6%, the S&P added 1.7% and the Nasdaq rose 2.2%.
The ECB's QE impact continued unabated, as equities surged higher, the euro remained weak and yields fell further. Euro zone sovereign yields fell to fresh record low levels on Thursday (thanks in part to relief Greece made its IMF debt payment after a few weeks of jitters): the French 10-year yield dropped to 0.43% and the German 10-year Bund declined to 0.15%, just a day after Switzerland auctioned 10-year bonds with a negative yield, the first time a government has done so in history.
The Fed minutes out on Wednesday unveiled a fractured FOMC. "Several" officials thought June would be the right time to raise rates, others thought it would be better to wait longer given the impact of the strong dollar and energy prices on inflation, and "a couple" thought the Fed might need to wait until 2016. In speeches, dovish Fed governor Kocherlakota remarked the Fed should defer the first interest rate hike to the second half of 2016, while Lockhart asserted rate hikes were still likely in the June-September period. Dudley said the timing of the first rate hike may be further off now due to recent weak economic data, but a June hike was still in play. More interestingly, Dudley also said that while he was unsure how financial markets would respond to rate hikes, the rate path would be shaped in part by the market's reaction.
The JOLTS and jobless claims data out this week partially dispelled the gloom from last Friday's big miss in the March payrolls. Fed's Dudley noted that he did not believe the March jobs data provided a very good read on the US labor market, given the weather impact. The February JOLTS job openings report - Fed Chair Yellen's favorite gauge of employment demand - was very strong, rising to its best level since 2001. Meanwhile, the four-week average of continuing jobless claims declined to their lowest level since mid-2000. Taken together, analysts say the data is only the latest sign the US is getting close to full employment.
Crude prices were fairly volatile this week as inventories and the Iran situation whipped the major front-month contracts around. WTI gained 8% in the first half of the week, peaking at $54, on a Genscape report that the weekly inventory reports would be unexpectedly low. This did not come to pass, with the API data showing its fourth straight build and the biggest gain in nearly two months at +12.2M bbls and the DoE report disclosing 13th straight build and the largest gain since 2001 at +11M bbls. WTI dropped back to $50, and Brent sank below $56 in tandem after the data. There was more choppiness in the second half of the week after the Iran leadership made some skeptical comments about the framework agreement reached with the western powers last week, and both Brent and WTI closed out the week only slightly higher.
Alcoa's first quarter report unofficially kicked off the March quarter earnings season. The aluminum manufacturer reported solid y/y growth in profits, but revenues came in just short of consensus, pushing shares lower. Drug store chains Rite Aid and Walgreen both widely beat earnings expectations. Rite Aid's initial FY guidance was subpar, sending shares down 6% on the week, while Walgreen was up as much on a solid FY forecast. Samsung Electronics's quarterly operating earnings fell 31% y/y, however the total was well ahead of expectations, raising hopes the firm may be emerging from its profit slump. Global preorders for the Apple Watch sold out fast on Friday, ahead of the start of in-store sales on April 24th.
Bed Bath & Beyond reported Q4 results below expectations and issued conservative guidance for Q1 and 2015, citing tough y/y comparisons as it will not repeat some one-time tax benefits enjoyed in 2014. Shares of Gap Inc. gapped lower on Friday after reporting March retail sales, capping off another lackluster month for US retailers. Gap's total same store sales were a little better than expected thanks to double digit growth at Old Navy, but the Gap Stores brand disappointed with same store sales down 7%. With the Gap sales data included, overall US same store sales were estimated to be up only 0.4% for March.
General Electric has decided it no longer needs a bank. In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a Systemically Important Financial Institution (SIFI). GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion. It also authorized a share repurchase program of up to $50 billion, funded by returning about $36 billion in cash it currently holds overseas, incurring a $6 billion tax bill on the cash repatriation. Approximately $16 billion of after-tax charges are expected to be recorded in the first quarter of 2015.
The worldwide volume of merger deals announced in 2015 topped $1 trillion this week, and the WSJ reported that if the current pace is sustained, volume for the full year would exceed $3.7 trillion, making it the second-biggest year in history after 2007. In the biggest energy deal in recent memory, Royal Dutch Shell agreed to buy Britain's BG Group in a $70 billion cash and stock. The combined group would have a market capitalization of about $240 billion, twice as big as BP, but still smaller than ExxonMobil. In other deals, FedEx reached a deal to buy Dutch firm TNT Express for $4.8 billion in cash, helping the delivery firm expand operations in Europe. PE firm Permira and the Canada Pension Plan have teamed up to acquire Informatica, an enterprise software company, for about $5.3 billion.
There had been talk for a few weeks that Intel was pursuing programmable logic device maker Altera, but Intel broke off negotiations after Altera was unwilling to take its offer, said to be around $54/share. Altera briefly cratered but shook off the losses on the prospect of it now being in play on the hopes that its upcoming earnings may justify rejecting the Intel offer. Mylan made a preliminary, non-binding proposal to acquire Perrigo for $205/share in cash and stock, valuing it at about $30B. There has been talk since last fall that Teva was interested in buying Mylan, and some reports suggested that Mylan's overture toward Perrigo was a defensive move. Shares of all three generic drug makers were significantly higher after the news.
China indices continued their string of weekly gains as both the Shanghai Composite and the Hang Seng closed at 7-year highs. Shanghai rallied 4.4%, topping the 4,000 level, while Hong Kong had its best week in years, rising nearly 8% to above the 27,000 mark. The strong performance of the Hang Seng was attributed to two consecutive days of investors utilizing the full uptake of the Shanghai-Hong Kong connect. Analysts noted the funds flowing into Hong Kong sought out the dually-listed H-shares offering a discount of over 20%, with the Hang Seng securities having underperformed the recent rally on the mainland index. China inflation data released later in the week was also steady, as CPI remained at 1.4% and the PPI decline stopped expanding for the first time in 8 months. The balance of March data are due next week, with some expectation of continued softness in trade data justifying ongoing PBoC support.
The week was also active for Asia-Pacific central banks, though there were hardly any surprises. The Bank of Japan maintained its annual rate of monetary base expansion at ¥80T, but also lowered its assessment of CPI to 0% from 0-0.5%. BOJ was also faced with a more pronounced dissent by board member Kiuchi who asked for a taper to ¥45T, defeating that call by "majority" which implies that he may have had some support. The Reserve Bank of Australia stood pat at 2.25%, but toned down its rhetoric for lower exchange rate to "further depreciation seems likely", which sent AUD/USD higher by over a cent above $0.77 level. The RBA also retained its focus on risks of inflation in the property market. The Bank of Korea left rates on hold at 1.75%, with one dissenter calling for a rate cut. The BOK also slashed its GDP forecasts by 0.3 percentage points each for 2015 and 2016, to 3.1% and 3.4%, respectively. Late in the week, Korean authorities were admonished by the US Treasury's semi-annual report on currency, which called for interventions to take place only in disorderly market cases.
Apr 10 2015
About flat day, as market lost drive and direction. Can't complain about the week though, as our string of winning days continues uninterrupted for at least two weeks.
Session Time: Fri Apr 10 00:00:00 2015
[09:16] {dino} gm
01[09:17] {@Threei} dino :)
[09:17] {jfjf64} Morni
[09:17] {drewj} Gm
01[09:18] {@Threei} jf, drew :)
01[09:18] {@Threei} Upside:
01[09:18] {@Threei} -QTM +20% (prelim earnings)
01[09:18] {@Threei} -EXL +15% (being acquired by Blackstone for $15.85/shr)
01[09:18] {@Threei} -VLTC +10% (no news seen)
01[09:18] {@Threei} -CBMX +7% (announced NEJM supports importance of follow-up diagnostic testing following positive noninvasive prenatal screening)
01[09:18] {@Threei} -GE +6.5% (confirmed selling GE Capital)
01[09:18] {@Threei} -HZNP +4.3% (received FDA fast track designation for ACTIMMUNE)
01[09:18] {@Threei} -GFI +4.2% (reportedly comes to agreement to increase average annual wages by 10% over 3 years)
01[09:18] {@Threei} -RT +2.8% (earnings)
01[09:18] {@Threei} -NFLX +2.7% (positive broker commentary)
01[09:18] {@Threei} -TKMR +2.7% (FDA modified partial hold on RKM-Ebola IND)
01[09:18] {@Threei} -CMG +2.5% (no news seen)
01[09:19] {@Threei} Downside:
01[09:19] {@Threei} -MDCO -6.4% (guided Q1 Rev lower)
01[09:19] {@Threei} -ANGO -6% (re-entering embolization market; announced worldwide agreement with EmboMedics Inc)
01[09:19] {@Threei} -CTXS -6% (reported prelim earnings)
01[09:19] {@Threei} -FIS -3.5% (guided Q1 lower)
01[09:19] {@Threei} -AZN -2.3% (FDA staff: there is data that shows higher risk of all cause mortality associated with Onglyza)
01[09:19] {@Threei} -EXTR -25% (preliminary results)
[09:21] {dino} so imelt is dismantling all that jack built. so much for jack the genius. his ge capital just about killed the company
01[09:21] {@Threei} yeah
01[09:21] {@Threei} always hated that monster
[09:22] {dino} but what a waste of shareholder funds on a $50 billion buyback. these buybacks kill me. they decide to buy stock high and issue it low
[09:22] {dino} give the $$$4 to the shareholders
01[09:32] {@Threei} Short Setup: FB .50 break
01[09:32] {@Threei} If holds .60
01[09:34] {@Threei} 1:1
01[09:34] {@Threei} 1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei} yw
01[09:35] {@Threei} closed in a trail
[09:36] {jfjf64} Me also
01[09:38] {@Threei} Long Setup: IWM .40 break
01[09:39] {@Threei} If holds .30
01[09:40] {@Threei} 1:1
01[09:41] {@Threei} Long Setup: FB .50 break
01[09:41] {@Threei} If holds .40
01[09:42] {@Threei} .60 break sholuld send it to stratospere
01[09:43] {@Threei} no go
01[09:44] {@Threei} Long Setup: TWTR 52 break
01[09:44] {@Threei} If holds .90
01[09:45] {@Threei} Invalidated
01[09:47] {@Threei} Long Setup: TWTR .90 break
01[09:47] {@Threei} If holds .80
01[09:48] {@Threei} change to .85 break
01[09:49] {@Threei} Invalidated
01[09:49] {@Threei} Long Setup: EBAY .30 break
01[09:49] {@Threei} If holds .20
[09:53] {dino} wba hl s .50
[09:57] {dino} cov wba ave .13, +37
01[09:57] {@Threei} wtg
[09:57] {dino} ty, bstop slippage was at .09
[09:58] {jfjf64} Baba l .50
01[09:59] {@Threei} no go
[10:01] {jfjf64} 1:2
01[10:03] {@Threei} Long Setup: CAT .20 break
01[10:03] {@Threei} If holds .10
01[10:09] {@Threei} 1:1
01[10:10] {@Threei} CAT used to be much faster
01[10:10] {@Threei} but whatever
01[10:24] {@Threei} 1/4 more out
[10:24] {dino} gj
01[10:24] {@Threei} 1:2
01[10:24] {@Threei} ty
01[10:25] {@Threei} 1:3
[10:25] {jfjf64} Go pussy
01[10:25] {@Threei} out
01[10:25] {@Threei} lol jf
[10:34] {dino} ?jf?
01[10:35] {@Threei} EBAY rinsed... somg
01[10:35] {@Threei} jf talks to CAT, dino
[10:36] {dino} ahhh, didn't know where to go w/that
[10:37] {jfjf64} Ip
[10:37] {jfjf64} Takin stap short
[10:38] {dino} wow vxx, hmmm, expiratioon next week.
01[10:39] {@Threei} so, if market continues eternal climb, does VXX goe negative?
[10:39] {cosmo} vxx might need a bail in
[10:40] {jfjf64} 1:1
[10:40] {jfjf64} 1:2
[10:41] {jfjf64} 1:3
[10:42] {jfjf64} 1:4
[10:43] {jfjf64} Holdin little piece stop.14
[10:44] {jfjf64} Out
01[10:44] {@Threei} nice
[10:44] {jfjf64} It's the pussy talkin to me
[10:44] {jfjf64} Meow
[10:45] {dino} wtg
[10:46] {jfjf64} Medco
[10:46] {jfjf64} Mdco like base
[10:47] {jfjf64} .25
[10:48] {jfjf64} 12 strongsupport
[10:50] {dino} jf, you left too early yesterday, vad hit a nice one and i took .85 out of wba short
[10:53] {jfjf64} Laptop went dead that I use for room. WBA was very good to us yesterday Vg loves doing that to me he looks straight hard for plays when I step out
01[10:53] {@Threei} lol
[10:54] {jfjf64} Grap some mdco
[10:54] {jfjf64} IMO
[10:55] {jfjf64} Maybe little plunk
[10:55] {jfjf64} Pullbk
[10:56] {jfjf64} Think will bust hod
01[10:56] {@Threei} Short Setup: DAL .15 break
01[10:56] {@Threei} If holds .25
[11:14] {jfjf64} Have to run to doctors
[11:14] {jfjf64} 12 clock appt
[11:15] {jfjf64} My stop is 28.00 even on mdco
01[11:15] {@Threei} leave the login to your trading account
01[11:15] {@Threei} it'll be safe with us
[11:15] {jfjf64} K
01[11:16] {@Threei} other than buying 1000 shares of GOOG, we won't do much
[11:19] {jfjf64} Missed alert on scanner ctrp at 10:31
01[11:20] {@Threei} Short Setup: ALTR .50 break
01[11:20] {@Threei} If holds .60
[11:21] {jfjf64} Stopped mdco
[11:22] {jfjf64} Piece of shit
01[11:29] {@Threei} die already DAL
01[12:25] {@Threei} Preorder for the Apple Watch sold out quickly on day one of sales for Cupertino's new gadget. The first deliveries are expected on April 24th, the same day that sales begin at Apple Stores. Analysts are still somewhat skeptical of the watch, as many assume preorders were driven mainly by enthusiasts.
01[12:26] {@Threei} no kidding... what a piece of crap
01[12:26] {@Threei} In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a SIFI. GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion.
01[13:18] {@Threei} Short Setup: MCD .30 break
01[13:18] {@Threei} If holds .40
[13:34] {dino} 3i, what do you make of this market? continue up? 20k magnet?
01[13:34] {@Threei} certainly feels this way
01[13:35] {@Threei} what I see everywhere is what I saw for a few years already:
01[13:35] {@Threei} everyone expects a reversal and rop,
[13:35] {dino} all i can guess is that w/zirp here, europe, and china easing, don't fight it
01[13:35] {@Threei} everyone forecasts it,
01[13:35] {@Threei} yet market holds, climbs...
01[13:35] {@Threei} that's not a reversal scenario
01[13:36] {@Threei} that's sodomizing bears again and again scenario
[13:36] {dino} bohica huh
01[13:36] {@Threei} yeah
[13:54] {jfjf64} What happening boys
[13:57] {dino} nada
01[13:58] {@Threei} not much jf
01[13:58] {@Threei} this time you got lucky :)
[13:58] {jfjf64} Lol
01[13:58] {@Threei} we are in MCD short
01[13:58] {@Threei} but it doesn't do much
[13:59] {dino} debating whether or not to get rid of my uri calls, but chart looks good
[13:59] {jfjf64} Vltc
[14:00] {jfjf64} .20
[14:02] {jfjf64} You bought today
[14:11] {dino} no 3/27
01[14:13] {@Threei} Short Setup: ALTR 44 break
01[14:14] {@Threei} If holds .10
01[14:14] {@Threei} Invalidated
01[14:18] {@Threei} valid again
[14:20] {jfjf64} Like10 break
[14:46] {dino} calling it a week. slow today, but overall a good week
01[14:47] {@Threei} good one here too
01[14:47] {@Threei} today is questionable though
[14:48] {jfjf64} Have good weekend Dino
[14:56] {jfjf64} Wow cat
01[15:03] {@Threei} Long Setup: DAL .25 break
01[15:03] {@Threei} If holds .15
[15:32] {drewj} Ok Vad....I've got to go.
01[15:33] {@Threei} see you monday
[15:33] {drewj} Thanks for everything.
01[15:33] {@Threei} have a great weekend
[15:33] {drewj} Sounds good. Have a good weekend.
[15:33] {jfjf64} Ty
Session Time: Fri Apr 10 00:00:00 2015
[09:16] {dino} gm
01[09:17] {@Threei} dino :)
[09:17] {jfjf64} Morni
[09:17] {drewj} Gm
01[09:18] {@Threei} jf, drew :)
01[09:18] {@Threei} Upside:
01[09:18] {@Threei} -QTM +20% (prelim earnings)
01[09:18] {@Threei} -EXL +15% (being acquired by Blackstone for $15.85/shr)
01[09:18] {@Threei} -VLTC +10% (no news seen)
01[09:18] {@Threei} -CBMX +7% (announced NEJM supports importance of follow-up diagnostic testing following positive noninvasive prenatal screening)
01[09:18] {@Threei} -GE +6.5% (confirmed selling GE Capital)
01[09:18] {@Threei} -HZNP +4.3% (received FDA fast track designation for ACTIMMUNE)
01[09:18] {@Threei} -GFI +4.2% (reportedly comes to agreement to increase average annual wages by 10% over 3 years)
01[09:18] {@Threei} -RT +2.8% (earnings)
01[09:18] {@Threei} -NFLX +2.7% (positive broker commentary)
01[09:18] {@Threei} -TKMR +2.7% (FDA modified partial hold on RKM-Ebola IND)
01[09:18] {@Threei} -CMG +2.5% (no news seen)
01[09:19] {@Threei} Downside:
01[09:19] {@Threei} -MDCO -6.4% (guided Q1 Rev lower)
01[09:19] {@Threei} -ANGO -6% (re-entering embolization market; announced worldwide agreement with EmboMedics Inc)
01[09:19] {@Threei} -CTXS -6% (reported prelim earnings)
01[09:19] {@Threei} -FIS -3.5% (guided Q1 lower)
01[09:19] {@Threei} -AZN -2.3% (FDA staff: there is data that shows higher risk of all cause mortality associated with Onglyza)
01[09:19] {@Threei} -EXTR -25% (preliminary results)
[09:21] {dino} so imelt is dismantling all that jack built. so much for jack the genius. his ge capital just about killed the company
01[09:21] {@Threei} yeah
01[09:21] {@Threei} always hated that monster
[09:22] {dino} but what a waste of shareholder funds on a $50 billion buyback. these buybacks kill me. they decide to buy stock high and issue it low
[09:22] {dino} give the $$$4 to the shareholders
01[09:32] {@Threei} Short Setup: FB .50 break
01[09:32] {@Threei} If holds .60
01[09:34] {@Threei} 1:1
01[09:34] {@Threei} 1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei} yw
01[09:35] {@Threei} closed in a trail
[09:36] {jfjf64} Me also
01[09:38] {@Threei} Long Setup: IWM .40 break
01[09:39] {@Threei} If holds .30
01[09:40] {@Threei} 1:1
01[09:41] {@Threei} Long Setup: FB .50 break
01[09:41] {@Threei} If holds .40
01[09:42] {@Threei} .60 break sholuld send it to stratospere
01[09:43] {@Threei} no go
01[09:44] {@Threei} Long Setup: TWTR 52 break
01[09:44] {@Threei} If holds .90
01[09:45] {@Threei} Invalidated
01[09:47] {@Threei} Long Setup: TWTR .90 break
01[09:47] {@Threei} If holds .80
01[09:48] {@Threei} change to .85 break
01[09:49] {@Threei} Invalidated
01[09:49] {@Threei} Long Setup: EBAY .30 break
01[09:49] {@Threei} If holds .20
[09:53] {dino} wba hl s .50
[09:57] {dino} cov wba ave .13, +37
01[09:57] {@Threei} wtg
[09:57] {dino} ty, bstop slippage was at .09
[09:58] {jfjf64} Baba l .50
01[09:59] {@Threei} no go
[10:01] {jfjf64} 1:2
01[10:03] {@Threei} Long Setup: CAT .20 break
01[10:03] {@Threei} If holds .10
01[10:09] {@Threei} 1:1
01[10:10] {@Threei} CAT used to be much faster
01[10:10] {@Threei} but whatever
01[10:24] {@Threei} 1/4 more out
[10:24] {dino} gj
01[10:24] {@Threei} 1:2
01[10:24] {@Threei} ty
01[10:25] {@Threei} 1:3
[10:25] {jfjf64} Go pussy
01[10:25] {@Threei} out
01[10:25] {@Threei} lol jf
[10:34] {dino} ?jf?
01[10:35] {@Threei} EBAY rinsed... somg
01[10:35] {@Threei} jf talks to CAT, dino
[10:36] {dino} ahhh, didn't know where to go w/that
[10:37] {jfjf64} Ip
[10:37] {jfjf64} Takin stap short
[10:38] {dino} wow vxx, hmmm, expiratioon next week.
01[10:39] {@Threei} so, if market continues eternal climb, does VXX goe negative?
[10:39] {cosmo} vxx might need a bail in
[10:40] {jfjf64} 1:1
[10:40] {jfjf64} 1:2
[10:41] {jfjf64} 1:3
[10:42] {jfjf64} 1:4
[10:43] {jfjf64} Holdin little piece stop.14
[10:44] {jfjf64} Out
01[10:44] {@Threei} nice
[10:44] {jfjf64} It's the pussy talkin to me
[10:44] {jfjf64} Meow
[10:45] {dino} wtg
[10:46] {jfjf64} Medco
[10:46] {jfjf64} Mdco like base
[10:47] {jfjf64} .25
[10:48] {jfjf64} 12 strongsupport
[10:50] {dino} jf, you left too early yesterday, vad hit a nice one and i took .85 out of wba short
[10:53] {jfjf64} Laptop went dead that I use for room. WBA was very good to us yesterday Vg loves doing that to me he looks straight hard for plays when I step out
01[10:53] {@Threei} lol
[10:54] {jfjf64} Grap some mdco
[10:54] {jfjf64} IMO
[10:55] {jfjf64} Maybe little plunk
[10:55] {jfjf64} Pullbk
[10:56] {jfjf64} Think will bust hod
01[10:56] {@Threei} Short Setup: DAL .15 break
01[10:56] {@Threei} If holds .25
[11:14] {jfjf64} Have to run to doctors
[11:14] {jfjf64} 12 clock appt
[11:15] {jfjf64} My stop is 28.00 even on mdco
01[11:15] {@Threei} leave the login to your trading account
01[11:15] {@Threei} it'll be safe with us
[11:15] {jfjf64} K
01[11:16] {@Threei} other than buying 1000 shares of GOOG, we won't do much
[11:19] {jfjf64} Missed alert on scanner ctrp at 10:31
01[11:20] {@Threei} Short Setup: ALTR .50 break
01[11:20] {@Threei} If holds .60
[11:21] {jfjf64} Stopped mdco
[11:22] {jfjf64} Piece of shit
01[11:29] {@Threei} die already DAL
01[12:25] {@Threei} Preorder for the Apple Watch sold out quickly on day one of sales for Cupertino's new gadget. The first deliveries are expected on April 24th, the same day that sales begin at Apple Stores. Analysts are still somewhat skeptical of the watch, as many assume preorders were driven mainly by enthusiasts.
01[12:26] {@Threei} no kidding... what a piece of crap
01[12:26] {@Threei} In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a SIFI. GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion.
01[13:18] {@Threei} Short Setup: MCD .30 break
01[13:18] {@Threei} If holds .40
[13:34] {dino} 3i, what do you make of this market? continue up? 20k magnet?
01[13:34] {@Threei} certainly feels this way
01[13:35] {@Threei} what I see everywhere is what I saw for a few years already:
01[13:35] {@Threei} everyone expects a reversal and rop,
[13:35] {dino} all i can guess is that w/zirp here, europe, and china easing, don't fight it
01[13:35] {@Threei} everyone forecasts it,
01[13:35] {@Threei} yet market holds, climbs...
01[13:35] {@Threei} that's not a reversal scenario
01[13:36] {@Threei} that's sodomizing bears again and again scenario
[13:36] {dino} bohica huh
01[13:36] {@Threei} yeah
[13:54] {jfjf64} What happening boys
[13:57] {dino} nada
01[13:58] {@Threei} not much jf
01[13:58] {@Threei} this time you got lucky :)
[13:58] {jfjf64} Lol
01[13:58] {@Threei} we are in MCD short
01[13:58] {@Threei} but it doesn't do much
[13:59] {dino} debating whether or not to get rid of my uri calls, but chart looks good
[13:59] {jfjf64} Vltc
[14:00] {jfjf64} .20
[14:02] {jfjf64} You bought today
[14:11] {dino} no 3/27
01[14:13] {@Threei} Short Setup: ALTR 44 break
01[14:14] {@Threei} If holds .10
01[14:14] {@Threei} Invalidated
01[14:18] {@Threei} valid again
[14:20] {jfjf64} Like10 break
[14:46] {dino} calling it a week. slow today, but overall a good week
01[14:47] {@Threei} good one here too
01[14:47] {@Threei} today is questionable though
[14:48] {jfjf64} Have good weekend Dino
[14:56] {jfjf64} Wow cat
01[15:03] {@Threei} Long Setup: DAL .25 break
01[15:03] {@Threei} If holds .15
[15:32] {drewj} Ok Vad....I've got to go.
01[15:33] {@Threei} see you monday
[15:33] {drewj} Thanks for everything.
01[15:33] {@Threei} have a great weekend
[15:33] {drewj} Sounds good. Have a good weekend.
[15:33] {jfjf64} Ty
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