May 04 2015

Nice start to the week:

(Chart courtesy of a broker)


Session Time: Mon May 04 00:00:00 2015
[09:00] {dino} gm
01[09:02] {@Threei}  dino :)
[09:18] {drewj} good morning
01[09:18] {@Threei}  drew :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -HIL +27% (DC Capital proposed merger valued at $5.50/shr)
01[09:27] {@Threei}  -ICLD +21% (announced launch of NFVGrid)
01[09:27] {@Threei}  -CYTR +11% (reports aldoxorubicin demonstrates both tumor shrinkage and improved quality of life in chemotherapy resistant cancers)
01[09:27] {@Threei}  -ARRY +11% (earnings)
01[09:27] {@Threei}  -AMCX +6.5% (earnings)
01[09:27] {@Threei}  -ONNN +5.5% (no news seen)
01[09:27] {@Threei}  -ALGT +2.7% (rcvd court order blocking the Teamsters from striking and safeguarding passenger's from travel disruptions)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -SYT _6.3% (momentum from company reportedly having received takeover approach from MON)
01[09:27] {@Threei}  -MGM -2.7% (earnings)
01[09:27] {@Threei}  -MCD -2% (turnaround plan)
01[09:27] {@Threei}  -CRM -1.5% (momentum from rumors of SAP acquisition)
01[09:27] {@Threei}  -CSCO -0.5% (announced CEO succession plan)
01[09:27] {@Threei}  -RJET -3% (cut outlook)
01[09:31] {@Threei} Long Setup:  FB  .30 break
01[09:31] {@Threei}  If holds  .20
[09:31] {cosmo} maybe if MCD just cut out all GMO's at their stores? ....nah (sigh)
01[09:31] {@Threei}  1:1
01[09:31] {@Threei}  1:2
01[09:32] {@Threei}  if you cut all GMO, you will have nothing to eat
01[09:32] {@Threei}  at all
[09:32] {cosmo} its a start...
[09:32] {cosmo} :)
01[09:34] {@Threei} Short Setup: FCX  .80 break
01[09:34] {@Threei}  If holds  .87
01[09:36] {@Threei} Long Setup:  FB  .10 break
01[09:36] {@Threei}  If holds  79
01[09:38] {@Threei}  1:1  FB
01[09:38] {@Threei}  1:2
01[09:40] {@Threei}  1:3
[09:40] {jfjf64} Morni
01[09:40] {@Threei}  jf :)
01[09:40] {@Threei}  1:4
01[09:40] {@Threei}  out
[09:41] {jfjf64} Ty
01[09:41] {@Threei}  yw
[09:42] {jfjf64} Nice pullbk entry
01[09:43] {@Threei}  meh FCX
[09:45] {jfjf64} Ctsh short here
[09:45] {jfjf64} .75
01[09:46] {@Threei} Long Setup:  TWTR  .60 break
01[09:46] {@Threei}  If holds  .50
01[09:47] {@Threei}  nope
01[09:49] {@Threei}  rinse
01[09:50] {@Threei} Long Setup:  FB  .30 break
01[09:50] {@Threei}  late
[09:50] {jfjf64} In 35
[09:54] {dino} once sm l .01
[09:54] {dino} wide
[09:56] {jfjf64} Vg you in fb late
01[09:57] {@Threei}  no, didn't chase
[09:57] {jfjf64} I'm out
01[10:00] {@Threei}  *(US) MAR FACTORY ORDERS: 2.1% V 2.0%E
01[10:00] {@Threei} Long Setup:  MCD  .20 break
01[10:00] {@Threei}  .c .10
01[10:00] {@Threei}  quick 1:1
01[10:03] {@Threei} Long Setup:  FB  .10 break
01[10:04] {@Threei}  1:1
[10:08] {jfjf64} AAPL .70 long
01[10:10] {@Threei} Short Setup: FB  79 break
01[10:10] {@Threei}  If holds  .10
01[10:12] {@Threei}  Invalidated
01[10:12] {@Threei}  for now
[10:14] {jfjf64} Out .09
[10:20] {jfjf64} Ctsh on watch hod break
01[10:23] {@Threei} Long Setup:  MCD  .20 break
01[10:23] {@Threei}  If holds  .10
[10:24] {dino} out once 51.41, +2.40
01[10:24] {@Threei}  wtg
[10:24] {dino} ty
[10:24] {drewj} wow nice
[10:24] {jfjf64} Yoo haaa
01[10:25] {@Threei}  do it twice
[10:25] {dino} :), ty
[10:25] {jfjf64} I was watchin chart was hoping you were in
01[10:25] {@Threei}  MCD valid
[10:26] {dino} posted at 9:54
[10:26] {jfjf64} I know
[10:27] {jfjf64} Ctsh valid
[10:31] {jfjf64} Out
01[10:31] {@Threei}  FB valid again
01[10:38] {@Threei}  1:1
01[10:42] {@Threei}  1:2
[10:42] {jfjf64} Tasr break hod
[10:42] {jfjf64} .70
[10:49] {dino} out asps calls from last month, +2.06 / 56%
01[10:50] {@Threei}  .l fcx .40 break
01[10:50] {@Threei} Long Setup:  FCX  .40 break
01[10:50] {@Threei}  If holds  .35
01[10:55] {@Threei}  valid
01[10:58] {@Threei}  stop .29
[11:14] {jfjf64} Ctsh.61 long
01[11:15] {@Threei}  1:1
01[11:21] {@Threei} Long Setup:  FB  79 break
01[11:22] {@Threei}  1:2
[11:29] {dino} slow market
[11:30] {nemo} wait a couple of weeks
[11:30] {dino} gj
01[11:39] {@Threei}  so, new logix version has trailing stops
01[11:39] {@Threei}  useless for me addition, but some like it
[11:41] {jfjf64} Watchin pdco bounc
[11:59] {dino} mac spike
[12:01] {dino} sm s .87
[12:04] {dino} cov mac .43, +.44
[12:12] {jfjf64} Fcx lod 23.30 break
[12:19] {jfjf64} 5 cent loose
[12:23] {jfjf64} Rumor einhorn short pxd
01[12:24] {@Threei}  Greenlight's Einhorn speaking at Ira Sohn taking negative tone on fracking industry, outlines short thesis - Says the fracking industry tries to ignore traditional metrics- Highlights PXD, EOG, CXO, NOG, WLL- Notes recent PXD presentation slides indicate it assumes $90/bbl oil in its estimates, despite the drop in oil prices; says PXD is burning through cash and its reserves are not growing. Capital efficiencies may deteriorate as the company uses up its best drilling prospects.
01[12:27] {@Threei}  McDonalds unveiled its big turnaround strategy this morning. The main focus will be reorganization into four new corporate segments in an effort to strip away unwanted layers of management. McDonald's will also refranchise more than 3,000 restaurants through 2018, bringing its total percentage of franchised restaurants to 90% from 81% globally. Improving food quality will be a top priority
01[12:47] {@Threei}  FB rug pull
01[13:04] {@Threei} Long Setup:  QCOM  .95 break
01[13:04] {@Threei}  If holds  .90
01[13:07] {@Threei}  meh
01[13:07] {@Threei}  SPY sudden drop
01[13:17] {@Threei} Long Setup:  VXX  21 break
01[13:17] {@Threei}  If holds  .90
01[13:33] {@Threei}  stop to .94
01[13:46] {@Threei}  what, should have taken 6 cents on VXX?
[14:00] {jfjf64} Hey hey
[14:01] {jfjf64} Sleepin
[14:02] {dino} .
01[14:04] {@Threei}  (GR) IMF reportedly threatens to cut off funding for Greece, country is off course in its bailout program - FT - IMF has issued a warning to Greece's creditors that IMF could hold back a portion of its €7.2B tranche that Greece is attempting to secure
[14:07] {dino} lol
[14:13] {jfjf64} Dlph s 86
[14:14] {jfjf64} Invalid
[14:15] {dino} abbv spike
[14:16] {dino} z drop
[14:19] {jfjf64} Gmcr runnin
01[14:20] {@Threei} Long Setup:  QCOM  .20 break
01[14:20] {@Threei}  If holds  .10
[14:37] {jfjf64} Hey
[14:37] {jfjf64} 1:1
[14:37] {jfjf64} Lol
01[14:38] {@Threei}  1:1
[14:39] {jfjf64} Think by 4 clock we get to 1:2
01[14:39] {@Threei}  {--- one does wake up with each winning trade not
[14:39] {jfjf64} Slow mkts
[14:39] {jfjf64} Lol
[14:40] {jfjf64} Thc spike
[14:44] {dino} thc sm s .80
[14:47] {jfjf64} Breaks .40 next stop .20
[14:47] {dino} thanks jf, bs to .50 thc
[14:48] {jfjf64} .60
[14:48] {dino} stop/cov, +.30
[14:48] {jfjf64} Nice
[14:48] {dino} ty
[14:48] {jfjf64} Watchin cnc
01[15:00] {@Threei} Long Setup:  IWM  .50 break
01[15:01] {@Threei}  If holds  .40
[15:01] {nemo} i'm short
01[15:01] {@Threei}  try lifts in your shoes?
[15:01] {jfjf64} Lol
[15:01] {jfjf64} Thinkin same thing
[15:01] {drewj} ;)
[15:01] {jfjf64} You were faster
01[15:04] {@Threei}  {--- experienced scalper
01[15:04] {@Threei}  stop to .44
01[15:06] {@Threei}  half out
01[15:06] {@Threei}  stop to .49
[15:06] {jfjf64} Yep
[15:10] {jfjf64} Me out ty
01[15:11] {@Threei}  yw
[15:12] {jfjf64} Maybe we wd chip in buy Nemo some platform shoes
01[15:13] {@Threei}  thank you for not suggesting high heels
[15:13] {jfjf64} No
01[15:13] {@Threei}  (not that there is anything wrong with that)
[15:13] {jfjf64} Agree
[15:14] {jfjf64} Vxx here looks it
[15:15] {jfjf64} ?
01[15:15] {@Threei}  hard to tell
[15:16] {dino} tco spike
[15:16] {dino} sm s .68
[15:17] {jfjf64} Cgnx activity
[15:18] {dino} stop .98 -.30
[15:18] {dino} tco sm s .16
01[15:19] {@Threei} Long Setup:  QCOM  .25 break
01[15:19] {@Threei}  If holds  .15
[15:21] {dino} cov .86, +.30
[15:22] {jfjf64} Cgnx 47 break
[15:27] {dino} tco sm s .10
[15:27] {dino} bs is .26
[15:28] {dino} make it .29, behind the 3k
[15:33] {jfjf64} I'm out here boys
[15:33] {jfjf64} Gn all
01[15:33] {@Threei}  take care jf
[15:34] {jfjf64} Back on winnin streak
01[15:34] {@Threei}  :)
[15:38] {drewj} alright guys,  have a good day
[15:40] {dino} cya drew
[15:40] {drewj} bye dino
[15:40] {dino} cov tco .96, +.14
01[15:46] {@Threei}  OK guys, wnding too
01[15:46] {@Threei}  thank yolu, have a reat evening
[15:49] {dino} ty all, gn

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Markets Unwind into May
Fri, 01 May 2015 16:03 PM EST

Global equities felt the pull of gravity this week as indices in Asia, Europe, and the US came off recent all-time highs. Meanwhile, in a development that caught investors' attention, European and US sovereign bonds sold off hard on a confluence of factors. Talks between Greece and its creditors continued at a frustratingly slow pace. The first reading on US Q1 GDP was quite disappointing. The Fed acknowledged the weak first quarter by downgrading the economic conditions commentary in the FOMC policy statement, but continued to attribute the slow growth to transitory factors. Despite oil prices continuing to rebound, the BOJ reigned in its inflation outlook, pushing back the timing of achieving 2% inflation until early 2016. Speculation about more extraordinary Chinese stimulus that helped fuel recent rallies couldn't stem the selling this week. For the week, the DJIA slipped 0.3%, the S&P500 fell 0.5% and the Nasdaq lost 1.7%.

During Monday's Asian session, financial press sources reported that the PBoC was mulling its own brand of QE asset purchase program that would let commercial banks swap local-government bonds they hold for loans from the central bank to help stave off a potential credit crunch. The Shanghai Composite rocketed up 3% on the report, but an official denial from the PBoC tempered Chinese equity gains. Beijing has already been trying to mop up the ballooning debts of local governments under a debt exchange program, without too much success. Later in the week, PBoC Deputy Governor Yi Gang said that the RRR rate was relatively high, leaving plenty of room for another cut.

Markets appeared to be nervous ahead of Wednesday's FOMC policy announcement, in which the Fed dropped its last calendar reference for forward guidance, as expected. The central bank noted that economic growth had slowed during the winter months and household spending declined, but continued to attribute this to transitory factors. The downgraded economic language may have lessened the chances of a June rate hike but there was no indication from the Fed that next month's meeting is no longer a 'live' meeting.

The first reading of US Q1 GDP was a bust, widely missing expectations thanks to sharp declines in nonresidential fixed investment (-3.4% v 4.7% Q4 final) and exports (-7.2% v 4.5% Q4 final). Import growth slowed considerably (+1.8 % v 10.4% Q4 final). Analysts caution that assumptions on the impact of the West Coast port strike and its resolution strongly influenced the GDP reading, and hard trade data for March could lead to big revisions in the second and final GDP readings. Unlike many other forecasters, the Atlanta Fed nailed the Q1 GDP in its GDPNow model (it had long been forecasting +0.2% growth in Q1), drawing attention for its bold call. The Atlanta Fed's GDPNow model initiated its Q2 forecast this week at just +0.9%, considerably lower than BoA/Merrill Lynch's +3.5% forecast and Goldman Sachs's +3.0%.

A major rotation out of sovereign bonds began this week due to confluence of factors. Top money managers have been talking about the rich potential short position on European bonds for some time, including dethroned bond king Bill Gross, who called German bunds "the short of a lifetime." In an interview published on Tuesday, Doubleline's Gundlach speculated about a possible 100x levered short bet against the German bund. The same day, the euro zone March money supply report came in hotter than expected, with M3 growth rising more than expected to +4.6%, putting it back into the ECB's comfort zone for the first time since April 2009 (the report also said euro zone private lending returned to growth for the first time in 35 months). These factors, plus a deluge of euro-denominated corporate issuance this week and a notable imbalance between eurozone government supply (€14 billion) and redemption of existing paper (€65 billion) made for a perfect storm for bonds.

Greek PM Tsipras reshuffled his team handling bailout talks with Europe and the IMF after finance minister Varoufakis was sharply criticized for his performance in the Eurogroup negotiations last week. Deputy foreign minister Tsakalotos was tapped to replace the flamboyant Varoufakis as the main Greek negotiator. Greece's next big hurdle is coming up quickly, with another large IMF payment due on May 6th and insufficient funds available in Athens. Both sides keep saying a deal is just around the corner, with a preliminary deal possible on Sunday, May 3rd. However Eurogroup head Dijsselbloem hinted there may in fact be a "plan B" for Greece, stating that Europe is prepared for "various outcomes" in the Greek standoff.

A confusing dust-up in the Persian Gulf roiled global markets on Tuesday. Reports emerged Tuesday morning that Iran had seized a US cargo vessel, sending indices tumbling. Within an hour, a more complete picture emerged: apparently the Iranian Revolutionary Guard seized a Marshall Islands-flagged Maersk cargo ship in the Straits of Hormuz and the ship's distress call was answered by a US Navy destroyer. Energy futures were volatile on this news, contributing to the week's uptrend in crude oil - WTI nearly retook the $60 handle while Brent nearly took out $67.

Apple's outstanding second-quarter results sent the company's shares up to all-time highs around $136, although shares gave up the gains and sank to $126 through week's end. Apple's results were a parade of superlatives: profits rose more than 30% y/y, it sold 61.2 million iPhones, up 40% from the year-ago period, saw a 72% gain in the number of iPhones sold in China. Apple's cash pile rose to a record $193.5 billion (up from $178 billion last quarter), and the board expanded its share repurchase authorization to $140 billion and boosted the dividend 11%.

Three big social media names had disastrous earnings reports this week. Twitter, Yelp, and LinkedIn saw their shares decline more than 20% a piece after investors found much that disagreed with them in quarterly numbers. Twitter only added four million users, and on the earnings call, the CFO explained that an "unforeseen bug" in Twitter's integration with Apple's iOS 8 caused it to lose four million users ("half of the company's actual growth," he said). LinkedIn gave a disappointing outlook for the second quarter, weighed on by its pending purchase of online learning company Lynda.com. Yelp's revenue guidance was also a bit weak. Note that Facebook was not immune to the social slide: shares of FB were down 4% on the week.

In other earnings, Aetna, UPS, and Merck saw strong gains on very good quarterly results. UPS gained despite missing revenue targets as net income saw healthy gains and package volume growth continued at a healthy rate. Oil majors Exxon, Chevron, and Shell saw their profits cut in half on a y/y basis but still widely topped earnings expectations, thanks to strong downstream results. Conoco saw an even steeper decline in profits, and only managed to remain profitable due to a deferred tax benefit. Refiners Valero, Marathon, and Phillips 66 crushed earnings expectations thanks to cheap oil. A notable decliner was Wynn Resorts, with earnings and revenue widely missing expectations as the Macau business saw huge declines in business.

Shares of Salesforce.com spiked 16% on Wednesday on reports it had hired bankers to field takeover inquiries or possibly fend off takeover bid after receiving an approach. Speculation immediately turned to Oracle, Microsoft, and SAP, the only three firms with the heft to take on CRM's $49B valuation. In the latest biotech M&A frenzy, Mylan spurned a takeover offer from Teva, and in turn Perrigo rebuffed Mylan's latest offer. The $29 billion Applied Materials/Tokyo Electron merger was called off after regulators said the remedies proposed by the two firms were not enough to replace the competition lost. France's Cap Gemini reached a deal to buy technology consultancy iGate for $4 billion.

May 01 2015

Not our day as odds caught up with us after couple weeks of straight wins. Very good week despite losing day anyway, so no problem with having one now and then.

[15:44] {nemo} so if you've already taken off a couple of tiers, and the stock has run pretty good, leave the last one to say the 34 ema, or something a bit deeper...you can't lose
[15:44] {jfjf64} But when don't easy indicator to use for me
[15:44] {nemo} huh?
[15:45] {jfjf64} You think 34 ma
[15:46] {nemo} I use the 34 ema on 1 minute and the 102 ema which is the 3 minute 34 ema, it's just if you've already taken off two thirds, you're likely to run into a natural retrace of a stock using the 13 ema.  That's a pretty steep moving average
[15:47] {nemo} mine is just an example
[15:47] {jfjf64} I will give try
[15:47] {nemo} for instance, SSO topped out at the 102 to the penny
[15:47] {jfjf64} Ty
[15:47] {jfjf64} What was ya stop
[15:49] {nemo} I stopped out @.29, but my point is, you get a stock that runs, it will likely pull back and consolidate a bit, so if you've already taken 2/3s or 3/4s, look for a likely retrace area and let the last ride unless it drops that area...I kept a tight stop on the last trade because I figured all we'd see is some short covering
[15:52] {jfjf64} I follow I'm going to set up one of my charts on 1 min with 34 ma give shot
[15:52] {jfjf64} Tomorrow
[15:53] {nemo} definitely do your partialing
[15:53] {jfjf64} So if I understand you don't partial at all
[15:53] {nemo} then it becomes stress free leaving a last piece
[15:53] {nemo} No, you partial just like you have
[15:54] {nemo} leave a last piece to allow for natural retracements
[15:55] {jfjf64} Will do thanks nemo
[15:55] {nemo} if you do your first couple of partials like you have doing, it removes stress and makes it a free trade, you'll be able to read the charts more rationally
[15:55] {jfjf64} 100 percent
[15:55] {nemo} that's the problem, stress develops tunnel vision
[15:55] {jfjf64} I've tried lots of times not to
[15:55] {nemo} when you're trading with house money, you can see more clearly
[15:55] {jfjf64} To stressful
[15:56] {nemo} yep
[15:57] {jfjf64} I've even thought take first part off 1:1 let remainder run
[15:57] {jfjf64} Use stop at 1:1
[15:58] {nemo} well, you have to be able to read where something might go firs
[15:58] {nemo} trading at lunch time 1:1 may be it
[15:59] {jfjf64} Great chatting got to hop going to ranger game with son
[16:00] {nemo} if you look at the spy chart, when I bought SSO .01 I was a little late but price resistance was up @.50, so I figured short covering should get it there
[16:00] {jfjf64} Spy running
[16:01] {nemo} Imbalance orders getting it to vwap maybe
[16:01] {jfjf64} Yep
[16:01] {nemo} get into a free trade then give yourself a chance on a little piece
[16:02] {jfjf64} Will do
[16:02] {nemo} that is, according to your read of where price might go
[16:02] {jfjf64} Ty later
Session Time: Fri May 01 00:00:00 2015
01[09:20] {@Threei}  smallish gap
[09:21] {nemo} which tends to indicate, sans news, doji day or continued down
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -ENOC +19% (collaborating with TSLA on energy storage)
01[09:26] {@Threei}  -SYT +17% (reportedly got a takeover approach from MON - Syngenta said to have concerns regarding anti-trust barriers)
01[09:26] {@Threei}  -OCN +14% (earnings)
01[09:26] {@Threei}  -ELLI +7.7% (earnings)
01[09:26] {@Threei}  -EXPE +6% (earnings)
01[09:26] {@Threei}  -ALTR +6% (standstill agreement with INTC provides INTC the option to launch a hostile bid for the company after June 1)
01[09:26] {@Threei}  -SWKS +4% (earnings)
01[09:26] {@Threei}  -ATHN +3.5% (earnings)
01[09:26] {@Threei}  -GILD +2.8% (earnings)
01[09:26] {@Threei}  -CVS +2.2% (earnings)
01[09:26] {@Threei}  -NWL +2.2% (earnings)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -LNKD -21% (earnings)
01[09:26] {@Threei}  -PODD -11% (earnings)
01[09:26] {@Threei}  -CTB -6% (earnings)
01[09:26] {@Threei}  -SPWR -4.2% (earnings)
01[09:26] {@Threei}  -FLSR -3% (earnings)
01[09:26] {@Threei}  -LOW -1.8% (China flooring concerns)
01[09:26] {@Threei}  -TLOG -10% (prices secondary)
01[09:26] {@Threei}  -LBIO -5.5% (prices secondary)
[09:27] {dino} gm all
01[09:27] {@Threei}  dino :)
[09:29] {jfjf64} Mornin
01[09:29] {@Threei}  jf :)
[09:29] {drewj} hi all
01[09:29] {@Threei}  drew :)
01[09:33] {@Threei} Short Setup: FB  .30 break
01[09:33] {@Threei}  change to .40
01[09:33] {@Threei}  If holds  .50
01[09:34] {@Threei}  no go
01[09:37] {@Threei} Long Setup:  VXX  .50 break
01[09:37] {@Threei}  If holds  .40
[09:40] {jfjf64} Twtr.75 long
[09:41] {jfjf64} Nope
[09:43] {jfjf64} Yum lifetime high
01[09:44] {@Threei}  no go VXX
01[09:45] {@Threei}  *(US) APR FINAL MARKIT MANUFACTURING PMI: 54.1 V 54.2E
01[09:45] {@Threei} Long Setup:  CAT  .85 break
01[09:45] {@Threei}  If holds  .75
01[09:46] {@Threei}  Invalidated
[09:47] {jfjf64} Crr big drop dino
01[09:51] {@Threei} Short Setup: TWTR  .60 break
01[09:51] {@Threei}  If holds  .70
01[09:52] {@Threei}  ugh
[09:52] {nemo} numbers at 10 sit back
[09:56] {dino} imh spike
[09:57] {dino} non avail
[09:58] {jfjf64} Watchin get bounce
[09:58] {jfjf64} Gt
[10:00] {jfjf64} .80
01[10:00] {@Threei}  *(US) APR ISM MANUFACTURING: 51.5 V 52.0E;
01[10:00] {@Threei}  *(US) MAR CONSTRUCTION SPENDING M/M: -0.6% V 0.5%E
01[10:00] {@Threei}  *(US) APR FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 95.9 V 96.0E
[10:01] {jfjf64} How's that entry
[10:09] {jfjf64} You lk Dal here
[10:09] {jfjf64} ?
[10:09] {jfjf64} Long
01[10:10] {@Threei}  yes
01[10:10] {@Threei}  but I am not sure it means you should buy it :)
01[10:10] {@Threei}  the way my calls go today, lol
[10:13] {jfjf64} Didn't tk
[10:13] {jfjf64} Watchin luv for entry short
[10:24] {jfjf64} Short here luv.05 ish
01[10:29] {@Threei} Long Setup:  MCD  .70 break
01[10:29] {@Threei}  If holds  .60
[10:33] {nemo} flossing with barbed wire today
01[10:36] {@Threei}  tugged 1:1 twice
01[10:38] {@Threei} Long Setup:  VXX  .40 break
01[10:38] {@Threei}  If holds  .30
[10:49] {nemo} buy support sell resistance day
01[10:52] {@Threei}  or, shouldn't have gotten up today day
[10:52] {nemo} why?
[10:52] {nemo} you outta vodka?
[10:57] {nemo} it's amazing on these range days how tuned algo's are to the ten cent range on break levels
[11:11] {jfjf64} Watchin bounce leaf
[11:15] {jfjf64} Didn't get conformation look for but wking
[11:15] {nemo} c'mon vad need a 1:10 trade
01[11:15] {@Threei}  coming right up
[11:16] {nemo} would you like a dart?
01[11:17] {@Threei} Long Setup:  OWM  .50 break
01[11:17] {@Threei}  IWM
[11:18] {jfjf64} Oh boy too much vodka
[11:18] {jfjf64} Owm
01[11:18] {@Threei}  no such thing
[11:18] {nemo} no, it's his frickin' fins
[11:19] {jfjf64} Vg ? You never had shot while trading
[11:19] {nemo} does a Ukrainian speak Russian?
[11:19] {jfjf64} Lol
[11:20] {dino} ocr sm s .50
01[11:24] {@Threei}  1:1
01[11:25] {@Threei}  1:2
[11:25] {dino} vdsi sm l ave .23
[11:25] {jfjf64} .90 more to go
[11:25] {jfjf64} 80
01[11:25] {@Threei}  lol
[11:28] {jfjf64} Swks.36 long
[11:30] {jfjf64} Hod spy
01[11:35] {@Threei} Long Setup:  IWM  .40 break
01[11:35] {@Threei}  If holds  .30
01[11:40] {@Threei}  shrug
[11:41] {nemo} double topped at vwap
[11:41] {jfjf64} Dal .60 break short
[11:45] {jfjf64} Sd of shorted luv
[11:46] {jfjf64} Dropped faster
01[11:50] {@Threei}  frikin VXX... was thinking of 21 entry
[11:50] {jfjf64} Out dal
[11:51] {jfjf64} Gg
[11:51] {jfjf64} Gnrc drop
[11:53] {dino} slow day
[12:00] {jfjf64} .86 was entry gncr didn't tk it
[12:06] {nemo} [11:50] {@Threei}  frikin VXX... was thinking of 21 entry
[12:07] {nemo} "thinking"...???????
[12:07] {dino} cov ocr .72 -.22
[12:08] {jfjf64} Going to lunch
[12:09] {nemo} funny, always thought you were out there anyway
[12:09] {jfjf64} Most likely not back all enjoy weeken
[12:09] {jfjf64} You to nemo
[12:12] {dino} taking lunch hour
01[12:32] {@Threei} Long Setup:  FB  .65 break
01[12:41] {@Threei}  they all make 8 cents today
01[13:11] {@Threei}  market is totally glued to a place
01[13:12] {@Threei} Long Setup:  VXX  .05 break
01[13:12] {@Threei}  If holds  21
01[13:23] {@Threei}  valid again
[13:24] {dino} .
01[13:26] {@Threei}  not looking like going to trigger
[13:26] {nemo} too early
01[13:34] {@Threei}  starts looking better
[14:13] {dino} these gap up and sit days drive me nuts
01[14:14] {@Threei}  no kidfding
[14:15] {dino} should've gone golfing
[14:16] {dino} sohu spike
[14:21] {dino} sohu sm s .85
01[14:24] {@Threei}  FB should be ready soon
[14:24] {nemo} gap filled
01[14:25] {@Threei} Short Setup: FB  .90 break
01[14:25] {@Threei}  If holds  78
01[14:25] {@Threei}  79
[14:28] {dino} out vdsi .49, +.26
01[14:28] {@Threei}  wtg
01[14:29] {@Threei}  squeezing juice out of stone
[14:29] {nemo} shorts covering
[14:29] {nemo} spy broken downtrend on hourly
[14:30] {dino} feels that way
[14:30] {nemo} which way do we gap on Monday?
[14:30] {dino} die sohu, diiieee
[14:31] {dino} up
[14:31] {nemo} yep
[14:31] {dino} btfd still in motion
[14:31] {nemo} SPY on daily all higher highs
[14:31] {nemo} excuse me, higher lows
[14:31] {dino} and this weeks pullback was a higher low
[14:32] {dino} bull market as long as world is on zirp
[14:33] {nemo} which has to be forever, once zirp removed this whole thing comes tumbling down
[14:33] {dino} yeah, seems that way to me too
[14:33] {dino} dji to 20k this year
[14:34] {nemo} problem with fractional reserve banking is it has to expand...contraction and it fails...nothing expands forever
[14:34] {dino} except my gut
[14:34] {nemo} lay off the carbs, dude
[14:35] {dino} i know, just having hard time doing it consistantly. i was down 22 lbs jan-mar, then jamaica vaca, and now only down 12
[14:36] {nemo} lap band, stomach stapling?
[14:36] {dino} need to drop 28 more, want to get back to wedding weight, 20 years ago, 200 lbs
01[14:39] {@Threei}  ever tried that HIIT thing, dino?
[14:39] {drewj} same here dino...at 205, need to be 185 pre wedding
01[14:39] {@Threei}  tabata protocol
[14:41] {dino} i am going to start it
[14:41] {nemo} I don't vary much no matter what I do or don't do
01[14:41] {@Threei}  lucky bastard
[14:43] {dino} the older i get, the harder it seems to be to lose the weight
01[14:44] {@Threei}  of course
01[14:44] {@Threei}  metabolism slows down
01[14:44] {@Threei} Long Setup:  VXX  .90 break
01[14:45] {@Threei}  If holds  .85
01[14:56] {@Threei}  1:1
[15:18] {dino} eog spike
[15:21] {dino} calling it a day, gn all
01[15:36] {@Threei}  closed second half VXX
01[15:36] {@Threei}  ok, done here too
01[15:36] {@Threei}  have a good weekend guys, see you monday
[15:36] {drewj} have a good weekend guys

Apr 30 2015

Another beautiful trading session, with 5 strong wins and 1 5-cents stop.


Session Time: Thu Apr 30 00:00:00 2015
[09:16] {dino} gm
01[09:16] {@Threei}  dino :)
[09:18] {drewj} hey guys
01[09:18] {@Threei}  drew :)
[09:20] {drewj} I made a decision Vad...for the next month I am not going to trade live.  I am only going to use my demo account.
[09:20] {drewj} I'm just going to focus on learning.
01[09:20] {@Threei}  then make sure that follow the rules of paper trading, to make it most effective
[09:21] {drewj} I will
01[09:22] {@Threei}  http://blog.realitytrader.com/2009/12/paper-trading-waste-of-time-or-valid.html
[09:29] {dino} vrsk gap fill
[09:31] {jfjf64} Mornin men
01[09:31] {@Threei}  jf :)
01[09:31] {@Threei} Long Setup:  FB  .10 break
01[09:31] {@Threei}  If holds  80
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
01[09:33] {@Threei}  1:3
01[09:33] {@Threei}  out
[09:33] {jfjf64} 1:4
[09:34] {jfjf64} Ty f.  K.  Yea
01[09:34] {@Threei}  yw
[09:34] {jfjf64} Your open reads r great
[09:35] {jfjf64} What did you see there
01[09:35] {@Threei}  I'd have to kill you...
[09:35] {jfjf64} K
[09:35] {jfjf64} Keep a secret
[09:35] {jfjf64} Thank god I didn't miss
01[09:36] {@Threei} Short Setup: FCX  .65 break
[09:36] {jfjf64} Nemo missed
01[09:36] {@Threei}  If holds  .75
01[09:36] {@Threei}  he'll be in later
01[09:40] {@Threei}  1:1
[09:40] {jfjf64} House money
01[09:41] {@Threei}  my favorite kind
[09:43] {jfjf64} Next
[09:43] {jfjf64} No harm
[09:43] {jfjf64} Vrx pushin
[09:44] {jfjf64} What a bitch fcx
01[09:45] {@Threei}  *(US) APR CHICAGO PURCHASING MANAGER: 52.3 V 50.0E -
[09:47] {jfjf64} Want pullback esrx
[09:48] {jfjf64} Ha late to party
[09:49] {jfjf64} Boy fb big swings.  Up.  Down
01[09:51] {@Threei} Long Setup:  FB  .35 break
01[09:51] {@Threei}  If holds  .25
01[09:51] {@Threei}  change to .30
01[09:51] {@Threei}  If holds  .20
01[09:51] {@Threei}  to .24
[09:52] {jfjf64} K
01[09:53] {@Threei}  1:1
[09:53] {jfjf64} Hm
[09:53] {jfjf64} Gjob
01[09:54] {@Threei}  GJOB, symbol not found
[09:54] {jfjf64} Lol
01[09:54] {@Threei}  :)
[09:54] {jfjf64} B
01[09:54] {@Threei}  25 minutes in, 3 wins, 1 bad joke
[09:55] {jfjf64} Wher trail to
01[09:55] {@Threei}  .29
[09:56] {jfjf64} Get to .50 we go to hod
01[09:59] {@Threei}  closed on a trail
[09:59] {jfjf64} Yes
[10:02] {jfjf64} Fb here
[10:02] {jfjf64} .20 break
[10:03] {jfjf64} 1:1
[10:03] {jfjf64} 1:2
[10:08] {jfjf64} Spw bounce time 20
[10:08] {jfjf64} .20
[10:08] {jfjf64} Dino here today
[10:09] {jfjf64} No go
[10:10] {jfjf64} Comon
[10:10] {jfjf64} Comon
[10:12] {jfjf64} Up .80 cents
[10:15] {dino} sidetracked
[10:16] {jfjf64} Good morning so far
01[10:22] {@Threei} Short Setup: FB  80 break
01[10:23] {@Threei}  If holds  .10
[10:24] {jfjf64} Mbcomon follow aapl
[10:25] {jfjf64} Comon
[10:26] {jfjf64} .91 big line in sand
[10:26] {jfjf64} Let's break it down
[10:27] {jfjf64} Might be time to break out steel toe boots vg
01[10:29] {@Threei}  I just swore off violence
[10:30] {jfjf64} Maybe one more time
[10:31] {jfjf64} Need to go now gettin closer to 13 ma north side
06[10:32] * @Threei hits FB over the head with 2x4
[10:32] {jfjf64} Yeah
[10:32] {jfjf64} That a boy
[10:32] {jfjf64} Half out here
01[10:32] {@Threei}  there... just when I think I am out, they pull me back in
[10:32] {jfjf64} 91
[10:33] {jfjf64} Ya a team player
[10:33] {jfjf64} You sell half .91
[10:34] {jfjf64} Long here
[10:34] {jfjf64} Imo
[10:35] {jfjf64} I got you 4-0 today
[10:35] {jfjf64} Ty
01[10:35] {@Threei}  yw
[10:37] {jfjf64} I didn't play long looks nice
[10:40] {jfjf64} .91 wall
[10:41] {jfjf64} Breaks 80 I'm long pal
[10:42] {jfjf64} Maybe trap but I bit
[10:45] {jfjf64} No
01[10:46] {@Threei}  1:2
[10:46] {jfjf64} Good job
[11:04] {jfjf64} Spy
[11:14] {jfjf64} Holx .50 break
01[11:17] {@Threei} Long Setup:  TWTR  .70 break
01[11:17] {@Threei}  If holds  .60
01[11:34] {@Threei} Long Setup:  TWTR  .20 break
[11:34] {jfjf64} Twtr 20 break long
[11:34] {jfjf64} Lol
01[11:34] {@Threei}  If holds  .10
[11:35] {jfjf64} That's scary
[11:36] {jfjf64} If winner I get smiley face
[11:37] {jfjf64} If loser ya fault
01[11:37] {@Threei}  deal
01[11:39] {@Threei}  1:1
[11:42] {jfjf64} Need to get up north on 13 ma
[11:42] {jfjf64} .31
[11:42] {jfjf64} Now .33 we good
[11:44] {jfjf64} You take smiley 5-0 today
[11:44] {jfjf64} Nice
[11:49] {jfjf64} I hate twtr
[11:50] {jfjf64} Never used it
[11:51] {jfjf64} Going to lunch
01[11:52] {@Threei}  solid?
[11:52] {jfjf64} Yes
[11:53] {jfjf64} Tonight lots liquid ranger hockey
[11:53] {jfjf64} We play hockey in the states
01[13:11] {@Threei} Long Setup:  TWTR  .40 break
01[13:11] {@Threei}  If holds  .30
[13:11] {nemo} how was morning
[13:12] {nemo} don't answer me all at once
01[13:15] {@Threei}  hey
01[13:15] {@Threei}  very nice, 5:5
01[13:16] {@Threei}  jf is unconscious of happiness
[13:16] {nemo} wow, nice opening
01[13:16] {@Threei}  but have to give it to him, he regretted that you miss good trading morning
[13:16] {nemo} Tell you the truth, couldn't have had a better one myself
01[13:16] {@Threei}  09:36] {jfjf64} Nemo missed
[13:17] {nemo} missing the morning was worth every penny
01[13:17] {@Threei}  productively chased some blonde?
[13:18] {nemo} no, not quite
01[13:18] {@Threei}  unproductively then
[13:19] {nemo} hardly
[13:20] {nemo} dcc vad
[13:21] {nemo} SPY looks short but finnies and IWM noncommital
01[13:21] {@Threei}  feels like random waves
[13:22] {nemo} had good trading yesterday, down day on Monday, up day on Tuesday, probably needs to coalesce today
01[13:23] {@Threei}  you are a tad rusty
01[13:23] {@Threei}  gotta get back in the saddle
[13:23] {nemo} in regards to?
01[13:23] {@Threei}  trading
01[13:24] {@Threei}  had what, two months intermission?
[13:24] {nemo} don't know, been so busy, lost track
[13:25] {nemo} BABA looks short
01[13:26] {@Threei}  lol: https://www.facebook.com/video.php?v=771158919562430
[13:35] {nemo} AAPL looks weak
01[13:48] {@Threei} Long Setup:  TWTR  .10 break
01[13:48] {@Threei}  If holds  39
01[13:49] {@Threei}  change to 39
01[13:49] {@Threei}  If holds  .90
[14:00] {nemo} shit rinsed on aapl short
[14:04] {nemo} EBAY
[14:10] {jfjf64} Wow fb smashed
[14:11] {dino}  ocr spike
[14:11] {jfjf64} Seemed heavy
[14:11] {jfjf64} Esrx spike
[14:13] {dino} ocr sm s .00
[14:27] {jfjf64} Iwm.55 break long
[14:30] {jfjf64} Nope
01[14:37] {@Threei} Long Setup:  FCX  .45 break
01[14:37] {@Threei}  If holds  .35
[14:41] {dino} orc sm s .02
[14:41] {nemo} try that again Dino, unless you're watching LOTR
[14:42] {dino} ?
[14:43] {dino} stopped
[14:43] {nemo} ok...maybe I'm wrong, you just traded ocr, now you're trading orc
[14:43] {dino} opps, meant ocr
[14:43] {nemo} thought so
[14:43] {nemo} and it's oops
[14:43] {dino} lol
[14:43] {nemo} sheesh...Vad a bad influence
[14:44] {dino} watching too many screens today, eyes are bugging, mind is losing it
[14:44] {nemo} you're old too
[14:44] {dino} 12 windows open on two different platforms, trying to figure things out
[14:45] {nemo} you're fucked
[14:45] {nemo} too much info
[14:45] {jfjf64} Crazy
[14:45] {nemo} you should trade on one, then open the other during lunch to play
[14:45] {nemo} then shut it down for the afternoon session
[14:45] {dino} rinsed
[14:45] {nemo} know that feeling
01[14:47] {@Threei}  stop to .34
[14:49] {nemo} VXX
01[14:49] {@Threei}  meh
[14:49] {jfjf64} Vxx
[14:49] {nemo} no real bounce in market who is gonna buy now
[14:50] {dino} amot crushed this week -11
[14:53] {nemo} VXX
[14:56] {jfjf64} .70 l fb
[14:58] {jfjf64} Nope
[14:58] {jfjf64} Looked like not following mkt for min
[14:58] {jfjf64} Stupid trade
[14:59] {nemo} we could rot into the close now
[14:59] {jfjf64} Hope ya in vxx
[15:00] {jfjf64} Nice call
[15:00] {nemo} 22.01
[15:00] {jfjf64} Nice
[15:00] {nemo} stop is now .08
01[15:00] {@Threei}  wtg
[15:00] {nemo} gap close .23
[15:01] {nemo} stop .12
[15:02] {jfjf64} You partial out nemo
[15:02] {nemo} .18 no
[15:03] {nemo} out spy hit S2 on wekly
[15:05] {jfjf64} You move stop up in increments 5 cents time ?
[15:05] {nemo} depends on the candle
[15:06] {nemo} based on my erroneous estimates of movement
[15:06] {jfjf64} Sounds diffullcut
[15:07] {nemo} arguably should have stayed at .12 but we're so close to S3 daily SPY and the Weekly S2 I put it at .18 which was right below the mid point of that high hammer
[15:08] {nemo} on top of that SPY closed a gap
[15:08] {jfjf64} I use 13 ma when I don't partial
[15:08] {nemo} so conservative play, had those 3 supports not come into play, probably would have let it ride
[15:08] {nemo} sure
[15:08] {jfjf64} Stop wd be .14
[15:08] {nemo} I get a second opinion from Bunny also
[15:09] {nemo} oh oh, elevator down
[15:09] {nemo} 207.38 on tap
[15:10] {jfjf64} Bombs away
[15:10] {nemo} could be
[15:10] {nemo} algo is seriously red
[15:10] {jfjf64} My indicators say bounce here
[15:11] {nemo} volume coming in?
[15:11] {jfjf64} Yep order flow
[15:12] {jfjf64} Divergance
[15:12] {nemo} now, after the last two days, ask yourself why would anybody buy now, other than short covering
[15:12] {cosmo} iwm 121?
[15:12] {nemo} why would anybody buy?
01[15:13] {@Threei}  because bounce
01[15:13] {@Threei}  nothing goes straight up or down
[15:13] {jfjf64} Yes sir
[15:14] {nemo} definitely a support area in SPY
[15:14] {nemo} closed a gap in IWM too
[15:14] {jfjf64} Grrrrr
[15:14] {nemo} and is at price support
[15:15] {jfjf64} Didn't hv balls to pull trigger
[15:15] {jfjf64} Nailed it
[15:16] {dino} jf, you've been in the zone, go w/your gut
[15:16] {nemo} IWM has given up and is back to the December highs
[15:21] {jfjf64} .30 break s aapl
[15:22] {jfjf64} 1:1
01[15:26] {@Threei} Long Setup:  FB  .45 break
01[15:26] {@Threei}  If holds  .35
[15:26] {jfjf64} 1:2
[15:27] {jfjf64} :3
[15:27] {nemo} FB @gap
[15:27] {jfjf64} 1:4
[15:28] {jfjf64} Me out
[15:28] {nemo} long ss0 .01
[15:29] {nemo} stop under .80
[15:29] {nemo} small btw
[15:29] {jfjf64} Sso
[15:29] {nemo} SSO
[15:30] {nemo} it's SPY proxy
[15:30] {nemo} stop to 131
[15:30] {jfjf64} Fb 35
[15:30] {jfjf64} Break
[15:31] {nemo} stop to .10
[15:31] {jfjf64} 1:1
[15:31] {nemo} stop to .18
[15:31] {jfjf64} .53 res
[15:31] {jfjf64} 1:2
01[15:32] {@Threei}  nice
[15:32] {jfjf64} You in vg
[15:32] {nemo} volume coming in SOGOTP time
[15:32] {jfjf64} 1:3 out
[15:33] {nemo} stop to .29
[15:35] {nemo} out
[15:35] {nemo} probably a little too tight
[15:36] {nemo} yep
[15:36] {jfjf64} Iwm
[15:36] {nemo} should have stuck with .18
[15:36] {jfjf64} Cup/ handle
[15:37] {nemo} shuld have got into SSO @.91 but saw it too late
[15:38] {nemo} this .70 leve serious problem, it breaks this VWAP definite possibility
[15:38] {nemo} which would be the .50 level on SPY
[15:38] {jfjf64} Indicator down iwm
[15:39] {nemo} not for me yet but definitely weakening, this is the Weekly S4 on IWM
01[15:39] {@Threei}  OK guys, thank you all
01[15:39] {@Threei}  have a good evening, see youi tomorrow
[15:39] {nemo} thanks for the warning
[15:39] {jfjf64} Vg always leavin party
[15:39] {nemo} wife
[15:41] {jfjf64} .15 iwm sd get held up

Apr 29 2015

Perfect trading session, especially being FOMC day. One stop, the rest are profitable trades with juicy 1:5 and 1:3 all over.

Session Time: Wed Apr 29 00:00:00 2015
[09:15] {dino} gm
01[09:17] {@Threei}  dino :)
[09:18] {drewj} Morning fellas
01[09:20] {@Threei}  drew :)
[09:29] {dino} well ll slap in the face
01[09:29] {@Threei}  ?
[09:30] {dino} calls
01[09:30] {@Threei}  ah
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -XPO +14% (acquiring Norbert Dentressangle SA for €3.24B)
01[09:30] {@Threei}  -GPRO +11% (earnings)
01[09:30] {@Threei}  -HOT +9% (earnings)
01[09:30] {@Threei}  -ARNA +7.7% (issues favorable data on APD371 Phase 1 trial)
01[09:30] {@Threei}  -GNW +6.3% (earnings)
01[09:30] {@Threei}  -LOGM +6% (earnings)
01[09:30] {@Threei}  -IHG +4% (momentum from HOT earnings/exploring alternatives)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -IG -33% (earnings)
01[09:30] {@Threei}  -LL -18% (earnings)
01[09:30] {@Threei}  -SSYS -17% (earnings & negative broker commentary)
01[09:30] {@Threei}  -BWLD -11% (earnings)
01[09:30] {@Threei}  -WYNN -9.5% (earnings)
01[09:30] {@Threei}  -SVU -7% (earnings)
01[09:30] {@Threei}  -AKAM -5% (earnings)
01[09:30] {@Threei}  -TWTR -3% (earnings)
01[09:30] {@Threei}  -PNRA -3% (earnings)
01[09:30] {@Threei}  -BC -3% (earnings)
01[09:30] {@Threei}  -LVS -2.9% (momentum from WYNN comments)
01[09:32] {@Threei} Short Setup: FB  80 break
01[09:32] {@Threei}  If holds  .10
[09:34] {jfjf64} Gn
[09:34] {jfjf64} Gm
01[09:34] {@Threei}  no go
01[09:34] {@Threei}  jf :)
01[09:35] {@Threei} Short Setup: TWTR  .60 break
01[09:35] {@Threei}  .70
01[09:35] {@Threei}  hectic
[09:36] {dino} vdsi gap fill
01[09:36] {@Threei}  got away
[09:37] {jfjf64} Lvs s .70
01[09:38] {@Threei} Long Setup:  IWM  .50 break
[09:38] {jfjf64} 1:1
01[09:38] {@Threei}  If holds  .40
01[09:39] {@Threei}  1:2
01[09:40] {@Threei}  skipped 1:1 in its morning enthusiasm
[09:44] {dino} anik drop
[09:44] {jfjf64} Gpro 54 break
[09:44] {jfjf64} Invalid
01[09:44] {@Threei} Short Setup: BP  .35 break
01[09:44] {@Threei}  If holds  .45
01[09:47] {@Threei}  1:1
[09:48] {jfjf64} Lbs .50 break short
[09:49] {jfjf64} Lvs
[09:49] {jfjf64} 1:1
[09:53] {jfjf64} Wynn 112 long
[09:55] {nemo} you went LVS short and WYNN long, interesting
01[09:55] {@Threei}  he hedges against himself
[09:55] {nemo} in the same industry no less
[09:55] {nemo} would look to short both at vwap
[09:56] {jfjf64} Was playin lvs short while Wynn was dumpin
[09:56] {jfjf64} Lvs bounced first
[09:56] {nemo} WYNN looks short here
[09:56] {nemo} oh, on the utick rule
01[09:56] {@Threei} Long Setup:  CAT  .10 break
[09:56] {dino} vdsi sm l .70
01[09:56] {@Threei}  If holds  86
[09:57] {jfjf64} I'm long 250 shares
01[09:59] {@Threei}  Invalidated
01[10:00] {@Threei}  *(US) MAR PENDING HOME SALES M/M: 1.1% V 1.0%E; Y/Y: 13.4% V 5.1%E
01[10:00] {@Threei}  valid again
[10:01] {jfjf64} Looks like Wynn down
[10:01] {dino} anik smr l .30 wide
[10:01] {dino} .80 i mean
[10:02] {dino} edge issues again, no options trading on platform for 3 days now
[10:03] {dino} jf, what platform you using?
01[10:03] {@Threei}  here kitty kitty
[10:04] {jfjf64} Logix and td
[10:05] {dino} anyone use tradstation?
[10:05] {dino} tradestation
01[10:05] {@Threei}  too heavy for intraday trading
01[10:06] {@Threei}  slowish
[10:06] {dino} reporting issues on non-usa too rigid
[10:06] {jfjf64} Love ninja charts
[10:06] {jfjf64} Wynn gettin killed
[10:08] {jfjf64} Sea of red
01[10:09] {@Threei} Long Setup:  VXX  .30 break
01[10:09] {@Threei}  If holds  .20
01[10:10] {@Threei}  change to .20 break
01[10:10] {@Threei}  If holds  .10
[10:10] {jfjf64} Bigger pul bk better
[10:11] {nemo} algo very red
[10:11] {jfjf64} Lvs lod
[10:12] {nemo} see how it went to vwap first JF
[10:14] {jfjf64} Don't ha vwap on chart what was it 52.74
[10:14] {nemo} just a bit above
[10:15] {nemo} tells you institutions have no interest buying
[10:15] {jfjf64} Breaks .20
[10:16] {jfjf64} Going down
[10:16] {jfjf64} For little
[10:16] {jfjf64} Sting line
[10:16] {jfjf64} Strong
[10:17] {jfjf64} Bam
[10:17] {jfjf64} 51.60 target now
01[10:18] {@Threei}  half out CAT
01[10:18] {@Threei}  1:1
01[10:18] {@Threei}  finally
01[10:18] {@Threei}  took its sweet time
[10:19] {jfjf64} Watchin sow bounce
[10:19] {jfjf64} Spw
01[10:22] {@Threei}  1:1  VXX
[10:23] {jfjf64} Thought we never get there
[10:23] {jfjf64} Let's sit back n enjoy
[10:24] {jfjf64} Need spy hit lod and die
[10:27] {jfjf64} LL bounce ready
[10:31] {jfjf64} ll.75 long
01[10:31] {@Threei}  ugh CAT
01[10:32] {@Threei}  rinsed second half
[10:32] {jfjf64} 1:1
[10:32] {jfjf64} 1:2
01[10:33] {@Threei}  nice
[10:33] {jfjf64} 1:3
[10:33] {jfjf64} Spw got away
01[10:34] {@Threei}  CAT lost its mind
[10:35] {nemo} might be off oil number  XOP went parabolic
[10:35] {jfjf64} Wow
[10:36] {jfjf64} 86.86 next res cat
[10:39] {jfjf64} Meow
[10:40] {jfjf64} Got eye on cat for short
[10:41] {jfjf64} Got to fall right
[10:41] {nemo} may die out up here...FED day
[10:41] {nemo} look at channel on hourly
[10:43] {jfjf64} Cd of made case for .79 entry wanted higher
[10:43] {jfjf64} 86 ish
[10:43] {jfjf64} Got divergence though
[10:44] {nemo} FED Day
[10:44] {nemo} careful
[10:44] {nemo} you have time to drink and sober up before 2:15
[10:45] {nemo} CAT full green on algo
[10:45] {jfjf64} No delivery
[10:46] {jfjf64} My algorithm 79 cd of shorted
[10:46] {jfjf64} Didn't needed more
[10:47] {jfjf64} That wd of been aggresive
[10:47] {jfjf64} Which vg thinks I'm too
01[10:48] {@Threei}  what makes you think I think?
[11:11] {jfjf64} Did I miss anything
01[11:11] {@Threei} Long Setup:  VXX  .20 break
01[11:11] {@Threei}  If holds  .10
[11:14] {jfjf64} Ual 59 break short
[11:14] {nemo} #1 red on algo also DAL
[11:15] {jfjf64} Invalid
[11:16] {jfjf64} Valid
[11:19] {jfjf64} Cat flyin
[11:22] {jfjf64} 1:1
[11:22] {nemo} German 10 yrs. doubled their yield overnight
01[11:29] {@Threei}  1:1
[11:30] {jfjf64} Dino you alive
[11:30] {jfjf64} Very quiet
[11:31] {dino} yes, investigating platforms.
[11:31] {jfjf64} What bout logix
01[11:39] {@Threei}  Logix is in-house development, I know a guy who developed it
01[11:39] {@Threei}  trader himself
[11:39] {nemo} it's still raw though
01[11:39] {@Threei}  matures quickly
01[11:40] {@Threei}  latest versions have all I'd ever need
[11:40] {nemo} yeah, but dino trades options
[11:40] {jfjf64} Cnc .80 long
[11:42] {jfjf64} Missed bounce trigger on my scanner hme
[11:43] {jfjf64} The one I miss up 80 cents
[11:43] {jfjf64} Airlines gettin hit
[11:55] {jfjf64} Etp runnin
[11:57] {dino} using options house for options, they are fine for now. just looking to move stock trading account
[12:01] {nemo}  logix will work, I just suggest you learn how to open ports on your router
[12:06] {jfjf64} Unh 113 long
[12:07] {nemo} UNH is #4 weak stock full red
01[12:07] {@Threei}  1:2  VXX
[12:07] {jfjf64} Invalid
[12:07] {dino} anik from am, stop to .85
[12:07] {jfjf64} Nice vg
[12:08] {jfjf64} Valid unh
[12:09] {dino} tp .94
[12:09] {dino} to
[12:10] {jfjf64} Invalid
[12:10] {jfjf64} Going to lunch
01[12:13] {@Threei}  1:3
01[12:13] {@Threei}  out
06[12:14] * @Threei slaps jfjf64 around a bit with a large roll of cash
[12:15] {dino} out anik .95, +1.15
01[12:23] {@Threei}  nice
[12:27] {dino} ty
[13:12] {nemo} wow HOT
[13:19] {drewj} Dino how do  you set up your scanners?
[13:19] {drewj} I look on mine but they don't show your results.
[13:23] {dino} (gently edited out)
[13:24] {dino} (gently edited out)
[13:26] {dino} (gently edited out)
[13:27] {dino} (gently edited out)
[13:27] {dino} i trust vad will erase this
01[13:28] {@Threei}  I can be bribed to do that
01[13:28] {@Threei}  a box of single malt goes a long way
[13:29] {drewj} trying to decipher your lingo...
[13:30] {drewj} sorry
[13:30] {drewj} naz/di/s/p
[13:30] {drewj} ?
01[13:30] {@Threei}  nasdaq, diamonds, spy
[13:31] {drewj} thanks...the prints are each move of .07 cents?
[13:31] {drewj} you want 5 each?
[13:34] {dino} yes
[13:34] {dino} .07 moves, need 5 fast to get my attention
[13:35] {dino} lots of sitting and waiting with my system
[13:36] {dino} i can tell vad is doing well, blended malt used to get him to erase stuff
01[13:36] {@Threei}  I am aging... my favorite malts age too :)
[13:36] {dino} and years ago i remember single beer bets
[13:38] {cosmo} and now its a 6 pack?
[13:39] {dino} inflation in the trading room
01[13:39] {@Threei}  hehe
[13:40] {drewj} thanks dino
[13:42] {dino} np, gl
01[13:59] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: ECONOMY SLOWED IN THE WINTER DUE TO TRANSITORY FACTORS
01[13:59] {@Threei}  - Vote: 10 - 0
01[14:01] {@Threei} Long Setup:  FB  .60 break hl
01[14:01] {@Threei}  If holds  .50
01[14:01] {@Threei}  1:1
[14:05] {dino} damn anik went another $
01[14:05] {@Threei}  1:2
[14:27] {dino} cat calls from 4/23 sold 2.90, +1.06 / 58%
01[14:27] {@Threei}  nice
[14:27] {dino} ty
[14:28] {dino} sold awhile ago (12:59), just checked.
01[14:29] {@Threei} Long Setup:  FB  .80 break
01[14:29] {@Threei}  If holds  .70
[14:30] {jfjf64} Ssys.15 long
01[14:31] {@Threei}  change to .75 break
01[14:32] {@Threei}  stop .64, trail to .69 after .80 break
01[14:33] {@Threei}  1:1
[14:33] {jfjf64} Nice
01[14:35] {@Threei}  1:2
[14:37] {jfjf64} Trail .86
[14:37] {jfjf64} ?
01[14:37] {@Threei}  sure
01[14:37] {@Threei}  .84
[14:37] {jfjf64} K
[14:38] {jfjf64} She get pass 81.08 she flys
[14:39] {jfjf64} Go baby
[14:40] {jfjf64} Bam
01[14:40] {@Threei}  1:3
01[14:40] {@Threei}  man, I am good
01[14:40] {@Threei}  (and extremely modest)
[14:40] {jfjf64} For sure
01[14:40] {@Threei}  1:4
[14:40] {nemo} CRM
[14:41] {jfjf64} 81.24 nxt stop
[14:41] {nemo} DINO CRM
[14:41] {jfjf64} Trail .99
[14:41] {jfjf64} ?
[14:42] {jfjf64} .05
[14:42] {nemo} they're selling it
[14:44] {jfjf64} Let's get 1:5
[14:44] {jfjf64} You still in vg
01[14:45] {Threei}  last 200 shares, yes
[14:45] {jfjf64} .08 wall
[14:45] {jfjf64} What was res/ support
[14:45] {jfjf64} 24.  24
[14:46] {dino} crm spike, you get that drew
[14:46] {jfjf64} Using .03
[14:46] {jfjf64} 13 ma
[14:47] {dino} hired investment bankers
[14:47] {drewj} I've got to set up the scanner...haven't done it yet...but I will!
[14:47] {dino} n spike
[14:48] {jfjf64} Common baby
01[14:48] {Threei}  brrrreak FB
[14:48] {jfjf64} .24
01[14:48] {Threei}  stop .04
[14:48] {dino} wow crm
[14:49] {jfjf64} Gooooooooo
[14:49] {jfjf64} Out
[14:49] {jfjf64} Ty sir
[14:49] {dino} vsm s crm .21
01[14:50] {Threei}  yw
[14:50] {dino} gj
01[14:50] {Threei}  1:5, out
[14:50] {dino} stopped crm -.50
[14:50] {jfjf64} Perfect
[14:51] {dino} vsm s crm .00
[14:51] {jfjf64} You cd short here
[14:51] {jfjf64} Fb
[14:52] {dino} cov crm .05, +.95
[14:52] {dino} too soon
[14:53] {jfjf64} Nice dinoooo
[14:53] {dino} sm s crm .95
[14:54] {dino} cov .65, +.30
[14:55] {dino} sm s .50
[14:55] {dino} cov .20, +.30
[14:55] {dino} pulp
[14:55] {nemo} 75.70ish
[14:56] {dino} vwap 74 area
[14:56] {nemo} what crm?
[14:56] {dino} but bounces in .70 incrementsyes
[14:56] {nemo} I have it 73 area
[14:56] {dino} yes
[14:56] {dino} intra
[14:57] {dino} caci drop
[15:00] {dino} sm s .90
[15:01] {dino} cov .13 -.23
01[15:02] {Threei} Short Setup: FB  .05 break
01[15:02] {Threei}  If holds  .15
[15:02] {dino} caca sm l .20
[15:02] {dino} crm rinsed
[15:03] {dino} crm sm s .80
[15:05] {dino} cov crm .40, +.40
01[15:05] {Threei}  1:1
01[15:08] {Threei}  1:2
01[15:09] {Threei}  I deserve a gold star for such trading on FOMC day
[15:09] {jfjf64} Trail .91
01[15:09] {Threei}  .95
[15:09] {dino} how about a trout instead?
[15:09] {jfjf64} K
06[15:10] * dino slaps Threei around a bit with a large trout
[15:10] {jfjf64} .74
[15:10] {dino} out caci .68, +.48
01[15:10] {Threei}  1:3
01[15:10] {Threei}  this is what I get instead of a gold star?? :)
[15:10] {nemo} CRM below VWAP
[15:11] {jfjf64} Trail .84
[15:12] {jfjf64} Me out
[15:12] {jfjf64} Ty sir
01[15:12] {Threei}  yw
[15:12] {dino} gj
01[15:12] {Threei}  ty
[15:13] {jfjf64} Little aggresive today vg
[15:14] {nemo} wow CRM giving it up, should retest vwap then we'll see
[15:14] {dino} wants 72
[15:14] {jfjf64} Twtr burried
[15:15] {dino} damn, wanted bounce to 75
[15:15] {dino} 74 i mean
[15:16] {dino} sm s .24
[15:16] {dino} cov .90, +.24
[15:16] {dino} +.34
[15:17] {dino} chickened out
[15:17] {dino} you can feel it
[15:17] {dino} thers 72
[15:17] {dino} theres
[15:18] {nemo} there's
[15:23] {nemo} see what happens at VWAP
[15:25] {dino} going thru
[15:26] {dino} nope
[15:27] {dino} sm s .85
[15:27] {dino} stop .22, -.37
[15:28] {dino} hell of a spike
[15:32] {jfjf64} Fb ? .75
[15:32] {jfjf64} Break
01[15:33] {Threei}  .70
01[15:33] {Threei}  if holds .60
[15:34] {dino} powi drop
[15:36] {jfjf64} AAPL flin
[15:36] {jfjf64} Print .75 fb
[15:37] {dino} powi sm l .25
[15:38] {jfjf64} No losses money here
[15:39] {dino} gj jf, you've been in the zone
[15:40] {jfjf64} We all hv
[15:40] {dino} been a great month
[15:40] {jfjf64} Must be Nemo presence
[15:40] {jfjf64} Lol
[15:40] {jfjf64} Yes
[15:40] {jfjf64} Been
[15:40] {dino} lol
[15:41] {jfjf64} Not to shabby the vg guy
[15:41] {dino} indeed
[15:41] {nemo} had to lift my feet off the floor
[15:41] {jfjf64} Beats workin
[15:41] {drewj} ok guys...have a nice afternoon.
01[15:41] {Threei}  done here too
01[15:41] {Threei}  thank you all, have a great evening
[15:41] {drewj} take care all
01[15:41] {Threei}  see you tomorrow
[15:42] {dino} out 3/4 powi .72, +.47
[15:42] {jfjf64} Nice
[15:42] {dino} out remainder .44 +.19
[15:42] {dino} ty
[15:42] {dino} hell of an hour
[15:43] {dino} that 07 scanner been lighting up the last hour this month

Apr 28 2015

Boring but positive day, with a few strong trades in the morning (1:2 to 1:4), and empty afternoon.

Session Time: Tue Apr 28 00:00:00 2015
[09:09] {dino} gm
01[09:09] {@Threei}  dino :)
[09:18] {drewj} gm
01[09:18] {@Threei}  drew :)
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -RTEC +8% (earnings)
01[09:29] {@Threei}  -DGLY +7.5% (unrest in Baltimore; TASR & SWHC also up on the news)
01[09:29] {@Threei}  -RCII +6.5% (earnings)
01[09:29] {@Threei}  -MRK +5% (earnings)
01[09:29] {@Threei}  -UPS +2% (earnings)
01[09:29] {@Threei}  -AET +2% (earnings)
01[09:29] {@Threei}  -SVU +1.6% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -TCS -23% (earnings)
01[09:29] {@Threei}  -CPHC -15% (no news seen)
01[09:29] {@Threei}  -AMKR -9% (earnings)
01[09:29] {@Threei}  -UTHR -8% (earnings)
01[09:29] {@Threei}  -WHR -7.4% (earnings)
01[09:29] {@Threei}  -AMRN -6% (response letter from FDA regarding Vascepa)
01[09:29] {@Threei}  -ALSN -5% (earnings)
01[09:29] {@Threei}  -PH -3.5% (earnings)
01[09:29] {@Threei}  -CUDA -3% (earnings)
01[09:29] {@Threei}  -AUDC -3% (earnings)
01[09:31] {@Threei} Long Setup:  FB  .70 break
01[09:31] {@Threei}  lol
01[09:31] {@Threei}  late
01[09:31] {@Threei}  valid again
01[09:31] {@Threei}  If holds  .50
[09:31] {jfjf64} Nov 51 break short
01[09:32] {@Threei}  two-sided
01[09:32] {@Threei}  1:1
01[09:32] {@Threei}  1:2
01[09:34] {@Threei}  wow
01[09:34] {@Threei}  rug pull
01[09:37] {@Threei} Long Setup:  IWM  .60 break
01[09:37] {@Threei}  If holds  .50
[09:38] {nemo} love computer problems
01[09:38] {@Threei}  1:1
01[09:38] {@Threei}  what happened?
[09:39] {nemo} noticed it was very sluggish, so rebooted
01[09:40] {@Threei}  1:2
[09:48] {jfjf64} Msft short .45
01[09:49] {@Threei} Long Setup:  DAL  .90 break
01[09:49] {@Threei}  If holds  .80
[09:52] {dino} amot drop
[09:52] {dino} athm drop
[09:52] {jfjf64} No go msft
[09:54] {jfjf64} Fcx nice vol
[09:56] {jfjf64} Fcx .65 break
[09:56] {jfjf64} Hold .60
[09:56] {nemo} long or short?
[09:56] {nemo} ahhh
[09:57] {jfjf64} Long
01[10:00] {@Threei}  *(US) APR CONSUMER CONFIDENCE: 95.2 V 102.2E
[10:00] {jfjf64} 1:2
01[10:00] {@Threei} Short Setup: AIG  .10 break
01[10:00] {@Threei}  If holds  .18
[10:04] {jfjf64} Gild bounce time??
01[10:05] {@Threei}  1:1
[10:05] {cosmo} is this a consumer confidance dip?
[10:05] {dino} vdsi destroys earnings and raises, but won't stay up
01[10:06] {@Threei}  who knows cosmo
[10:06] {cosmo} k
[10:09] {jfjf64} Twtr lod
[10:10] {jfjf64} Rcl under 70
[10:10] {jfjf64} Wow
[10:14] {dino} 07 fat red
[10:14] {dino} fast
[10:14] {jfjf64} Bombs away
[10:14] {nemo} yeah, algo very red
01[10:14] {@Threei}  1:3
[10:15] {jfjf64} Nice vg
01[10:15] {@Threei}  ty
[10:16] {jfjf64} Gold getting action
[10:19] {jfjf64} Take ya 1:4 vg
[10:19] {jfjf64} Nice job pal
01[10:20] {@Threei}  yup, 1:4 and out
[10:21] {jfjf64} On that note I'm gonna go have bacon and egg on a bagel
[10:21] {jfjf64} I'll be back
[10:24] {nemo} see ya' Ahnold
[10:27] {nemo} HOT
[10:33] {nemo} major volume spike
[10:44] {jfjf64} Boy ups
[10:45] {nemo} yep #2 strong on algo green across the board
02[10:52] * Disconnected
Session Close: Tue Apr 28 10:52:08 2015

Session Start: Tue Apr 28 10:52:08 2015
Session Ident: #discussions
02[10:52] * Attempting to rejoin channel #discussions
03[10:52] * Rejoined channel #discussions
[10:53] {jfjf64} Lol
[10:56] {drewj} Vad how do you organize you trade timing with spy?
01[10:58] {Threei}  I am not sure the term organize fits here
01[10:58] {Threei}  there is no any special procedure
01[10:58] {Threei}  I simply look for setups that SPY action supports
01[10:59] {Threei}  SPY was in freefall mode, I was looking for shorts
01[10:59] {Threei}  AIG fit the bill
01[10:59] {Threei}  simple as that
[11:00] {jfjf64} K I S S
[11:00] {drewj} So you are waiting for more powerful impulses?
[11:00] {nemo} no, vodka delivery
[11:00] {drewj} right JF
[11:00] {drewj} :)
01[11:00] {Threei}  I don't know how to answer that drew, I don't understand the premise of the question
[11:01] {jfjf64} ? They didn't deliver vodka today nemo
01[11:01] {Threei}  there is no "impulse" as an element of my system
[11:01] {drewj} So any trade is ok as long as it agrees with the market.
[11:01] {nemo} forgot to put my order in last night
01[11:01] {Threei}  there are chart congurations with their elements
[11:02] {jfjf64} Go to other store
[11:02] {nemo} I get a volume discount
[11:03] {jfjf64} Sounds like cd be problem
[11:03] {jfjf64} More ways then one
[11:04] {jfjf64} Spy hod
01[11:09] {Threei} Long Setup:  FCX  .75 break
01[11:09] {Threei}  If holds  .70
[11:10] {nemo} hah
01[11:12] {Threei}  ?
[11:12] {nemo} jumped the entry
[11:12] {nemo} broke .75 right 7o .78
[11:13] {jfjf64} I took. Half off
[11:14] {jfjf64} Flag in nice
01[11:25] {Threei}  closed
[11:31] {jfjf64} Rcii .40 break
01[11:34] {Threei} Short Setup: JPM  .35 break
01[11:34] {Threei}  If holds  .45
01[11:35] {Threei}  Invalidated
[11:39] {jfjf64} Vxx time vg
[11:40] {jfjf64} ?
01[11:44] {Threei}  I doubt it
01[11:52] {Threei} Long Setup:  JPM  .45 break
01[11:52] {Threei}  If holds  .40
01[12:28] {Threei}  anyone took JPM?
[12:28] {drewj} on paper!
[12:28] {drewj} does that count?
01[12:28] {Threei}  as long as you manage it appropriately
01[12:30] {Threei}  A confusing dust-up in the Persian Gulf roiled markets mid-morning. Reports emerged around 10:00ET that Iran had seized a US cargo vessel, sending indices tumbling. Within an hour, a more complete picture emerged:
01[12:31] {Threei}  apparently the Iranian Revolutionary Guard seized a Marshall Islands-flagged Maersk cargo ship in the Straits of Hormuz and the ship's distress call was answered by a US Navy destroyer, and warning shots were possibly fired by one side or the other.
01[12:42] {Threei} Short Setup: JPM  .50 break
01[12:42] {Threei}  If holds  .60
[12:53] {jfjf64} Nov .23 break lod
[12:53] {jfjf64} Little mkt help
[13:03] {jfjf64} Common mkt die
[13:08] {jfjf64} We gonna tighten up stop jpm
01[13:12] {Threei}  .56?
01[13:12] {Threei}  let's
[13:12] {jfjf64} Thinkin
[13:13] {jfjf64} Wish this mkt get hit
[13:13] {nemo} unlikely today after yesterday and with FED tomorrow
01[14:09] {Threei} Long Setup:  VXX  .15 break
01[14:09] {Threei}  If holds  .05
[14:35] {drewj} Vad are most of your trades channel trades?
01[14:35] {Threei}  I never used that name
01[14:35] {Threei}  what is channel trade?
[14:36] {drewj} isn't that in 111 Trades book?
01[14:36] {Threei}  nope
[14:37] {drewj} Breakout, range and channel no?
01[14:37] {Threei}  you are confusing me with someone else :)
01[14:38] {Threei}  what is a channel trade?
[14:38] {drewj} pullback thingy?
[14:38] {drewj} I don't know
01[14:38] {Threei}  pullback is simply a way of entry
01[14:39] {Threei}  my main definitions are trend following and trend reversal
01[14:39] {Threei}  trend following includes break of the consolidation range, pullback entry
[14:39] {drewj} makes sense
01[14:39] {Threei}  reversal setups are DT/DB, BMR
[14:43] {drewj} so in trend following what is  your way of chosing break of consolidation vs pullback entry?
01[14:44] {Threei}  observation what works
01[14:44] {Threei}  in strong flying market breaks work
01[14:44] {Threei}  in more timid one, pullbacks are preferable
[14:53] {drewj} Page 7 of 111 trades says 'Channel Trade' :)
01[14:53] {Threei}  have you looked what it is?
[14:56] {drewj} A profit taking strategy
[14:57] {drewj} right?
01[14:57] {Threei}  huh?
01[14:57] {Threei}  drew, time to reread the whole thing...
[15:03] {drewj} maybe I am using your definitions in the wrong way
01[15:04] {Threei}  channel trade as described there is a subset of a subset, pullback entry in a trending market
01[15:04] {Threei}  and the way to draw the lines on the chart to determine the probable area of entry and target
[15:14] {nemo} should probably take the morning off
01[15:15] {Threei}  huh?
01[15:15] {Threei}  why?
[15:15] {nemo} FED
[15:15] {nemo} everything will lock up until 2:00
01[15:15] {Threei}  so morning will be the most suitable time, then it will become dead till 2
[15:16] {nemo} hour maybe, but given this action already...
[15:24] {drewj} Have a good eveing guys
[15:24] {drewj} evening
[15:24] {nemo} guess the twtr leak is believed
01[15:24] {Threei}  take care drew
[15:27] {nemo} twtr halted
[15:34] {nemo} now fb
01[15:35] {Threei}  TWTR Confirms Reports Q1 $0.07 v $0.04e, R$436M v $456Me
01[15:35] {Threei}  FB trades
01[15:41] {Threei}  OK, ending on this
01[15:41] {Threei}  see you tomorrow
[15:41] {nemo} cya

Apr 27 2015

Very nice day again, with good trades in both directions, ending with 1:3er on FB short.

Also, another great review for A Taoist Trader: http://goo.gl/jn5hQV. Hard copy from Amazon or e-book from http://www.realitytrader.com/ttebook.html, get it - you won't be sorry!



Session Time: Mon Apr 27 00:00:00 2015
[08:55] {dino} gm 3i
01[08:55] {@Threei}  dino :)
[09:14] {drewj} Morning all
01[09:14] {@Threei}  drew :)
[09:16] {drewj} How are you today Vad?
01[09:16] {@Threei}  not much different from yesterday...
01[09:16] {@Threei}  which might not be a too bad thing after 40 :)
[09:16] {drewj} So how were you yesterday?
01[09:17] {@Threei}  well, you know the answer, don't you? :)
01[09:17] {@Threei}  it will involve the day before as basis for comparison
[09:17] {drewj} Are you trying to be difficult?
[09:17] {drewj} Jesus
01[09:17] {@Threei}  not really... it comes to me naturally
[09:18] {drewj} :)
01[09:18] {@Threei}  and, my sense of humor wakes up about 2 hours later than the rest of me...
[09:19] {jfjf64} Mornin all
01[09:20] {@Threei}  jf :)
[09:20] {drewj} Ask Vad how he is today JF
01[09:20] {@Threei}  guys, got you a better e-mail to use in case of tech difficulties:
01[09:20] {@Threei}  help@logixtrader.com
01[09:20] {@Threei}  faster response
[09:22] {jfjf64} How r u today vg?
01[09:23] {@Threei}  {--- crying
01[09:24] {@Threei}  but OK, let's do it again if drew insists
01[09:24] {@Threei}  [09:16] {@Threei} not much different from yesterday...
01[09:24] {@Threei}  [09:16] {@Threei} which might not be a too bad thing after 40
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -CANF +27% (reported positive results from Phase 2/3 psoriasis trial)
01[09:31] {@Threei}  -IBIO +9.5% (arranged production of IBIO-CFB03 for clinical development with Caliber Biotherapeutics)
01[09:31] {@Threei}  -PWRD +4.5% (enters into definitive agreement for going private transaction at $20.20/shr)
01[09:31] {@Threei}  -IGTE +3.8% (being acquired by Capgemini for $4B)
01[09:31] {@Threei}  -HSBC +3.2% (said to be considering spin-of of UK retail bank unit)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -CLDN -77% (negative data for Mydicar trial: other gene therapy names also down 4-6%: BLUE, QURE, ONCE, AAVL)
01[09:31] {@Threei}  -AKRX -15% (negative broker commentary; momentum from restatement news 4/24)
01[09:31] {@Threei}  -COCO -6.5% (announced cessation of all operations)
01[09:31] {@Threei}  -AMAT -5.8% (ending merger agreement with Tokyo Electron)
01[09:31] {@Threei}  -MRVL -4.3% (negative broker commentary; momentum from reducing Q1 guidance)
01[09:32] {@Threei} Long Setup:  CLDN  3 break
01[09:32] {@Threei}  If holds  .90
01[09:33] {@Threei} Long Setup:  FB  82 break
01[09:33] {@Threei}  If holds  ,90
01[09:34] {@Threei}  Invalidated  FB
01[09:34] {@Threei}  CLDN is valid
[09:35] {jfjf64} Qsr 43 break
01[09:35] {@Threei} Long Setup:  FB  .70 break
01[09:35] {@Threei}  If holds  .60
01[09:37] {@Threei}  1:1  FB
01[09:38] {@Threei}  1:2
01[09:39] {@Threei}  1:3
01[09:39] {@Threei}  1:4
01[09:39] {@Threei}  out
[09:39] {jfjf64} Ty
01[09:39] {@Threei}  yw
[09:39] {drewj} Nice one
01[09:39] {@Threei}  :)
01[09:40] {@Threei}  CLDN, not even peek above 3?
01[09:40] {@Threei}  come on
01[09:40] {@Threei}  Invalidated  CLDN
[09:43] {jfjf64} Jd break .15
01[09:47] {@Threei} Long Setup:  JPM  .90 break
01[09:48] {@Threei}  If holds  .85
[09:50] {nemo} AAPL gravity defying before earnings
01[09:53] {@Threei}  1:1
01[09:54] {@Threei}  1:2
[09:57] {jfjf64} Vips .45 break
[09:57] {dino} drew, yuo missed a very good friday
[09:57] {dino} you
[09:58] {jfjf64} 1:1 1:2
[10:00] {drewj} I was sick...I took the day off from work as well.
[10:02] {drewj} I'll look at the log
[10:05] {jfjf64} Va .65 break short
[10:06] {drewj} How are your options plays going dino?
[10:07] {jfjf64} Stoped
[10:10] {dino} good
01[10:13] {@Threei} Short Setup: TWTR  52 break
01[10:13] {@Threei}  If holds  .10
[10:13] {dino} akrx sm ml .45
[10:14] {dino} stop is .14
[10:15] {jfjf64} Watch cldn vg
01[10:15] {@Threei}  Invalidated
01[10:16] {@Threei}  doesn't seem to have life in it jf
[10:21] {jfjf64} Dd explding
[10:23] {dino} dd sm s .66
[10:24] {dino} stop dd .97, -.31
[10:24] {dino} damn
[10:24] {dino} dd s .88
[10:25] {jfjf64} .88
[10:25] {jfjf64} Also
[10:25] {jfjf64} Stop hod
[10:26] {jfjf64} 200 shares
[10:26] {dino} akrx stopped
[10:27] {dino} 1k jf
[10:28] {jfjf64} 200
[10:28] {jfjf64} You in 1k
[10:28] {dino} y
[10:29] {dino} .60s tough
[10:29] {jfjf64} Gets pass .45
[10:29] {jfjf64} We good
01[10:30] {@Threei}  *(US) APR DALLAS FED MANUFACTURING. ACTIVITY: -16 V -12.0E
[10:30] {dino} cov dd .34, +.54
[10:33] {dino} damn, too soon
[10:33] {dino} nice read jf
[10:33] {jfjf64} Ty
[10:33] {jfjf64} Out
[10:34] {jfjf64} .74 cents
[10:34] {dino} beauty
01[10:34] {@Threei}  wtg
[10:43] {jfjf64} Tsla looks short here no?
[10:43] {jfjf64} Lol
[10:43] {nemo} no
[10:44] {nemo} UPS looks shortish here
01[10:44] {@Threei} Long Setup:  MCD  .30 break
01[10:45] {@Threei}  If holds  .20
01[10:48] {@Threei}  nah
[10:49] {nemo} or is that a "meh"
01[10:49] {@Threei}  no, meh is a 5 cents stop
[10:50] {nemo} ahhh...so "nah"="no worky"
[10:52] {dino} 3i, i saw your logix post earlier, is that who you are trading through?
[10:52] {nemo} to whom do you speak?
01[10:53] {@Threei}  yes
[11:02] {nemo} IWM looks long here
[11:02] {jfjf64} Yes
[11:02] {nemo} stop under low
[11:03] {jfjf64} Me in
[11:03] {nemo} sheesh
[11:03] {jfjf64} Me stopped
[11:03] {dino} dd hod
[11:04] {jfjf64} Buyer in there dino
[11:06] {nemo} 125.62 Weekly pivot on IWM
[11:08] {jfjf64} You short dd dino
[11:11] {dino} not yet
[11:11] {dino} having platform issues
[11:12] {jfjf64} In Iwm .91
[11:13] {jfjf64} Need to break 126
[11:13] {jfjf64} That was prob right entry
01[11:15] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/832319220180928/?type=1
[11:16] {drewj} I just hung one of those for my daughter on our patio.
[11:16] {drewj} I was thinking of getting a few more.
01[11:17] {@Threei}  a lot of fun
[11:17] {drewj} She's got a green thumb so we've been dong a lot of gardening too.
[11:17] {drewj} 9 yrs old
[11:17] {jfjf64} 1:1 close enough
[11:18] {dino} gj
[11:18] {nemo} IWM hit pivot
[11:19] {jfjf64} You long nemo
[11:19] {nemo} no
[11:19] {jfjf64} Dd ready Dino short
01[11:20] {@Threei} Long Setup:  TWTR  .45 break
01[11:20] {@Threei}  .c .35
01[11:20] {@Threei}  If holds  .35
[11:21] {jfjf64} .60 break
[11:21] {jfjf64} Dd
[11:22] {jfjf64} Invalid
[11:27] {dino} s dd .53
[11:30] {dino} dd bs is .67
[11:33] {jfjf64} Six s .39
01[11:41] {@Threei}  no go
[11:43] {dino} dd bs to .32
[11:43] {nemo} think above .40 better
[11:44] {dino} cov dd .31, +.22. thx for idea jf
[11:44] {nemo} hasn't broken that .25 swing low
[12:02] {jfjf64} Rgls long .16
[12:03] {jfjf64} Bouncer
01[12:06] {@Threei}  Greek PM Tsipras reshuffled his team handling talks with Europe and the IMF after Finance Minister Varoufakis was sharply criticized for his performance negotiations last week. Deputy Finance Minister Tsakalatos was tapped to replace Varougakis as the main Greek negotiator, and Tsipras was reportedly preparing labor and pension concessions to satisfy European demands. The euro rose to a near three-week high on the news
01[12:06] {@Threei}  Iron ore and copper prices are up for the third consecutive session as investors bet China will take more action support the economy with stimulus of one kind or another. The reports out on Sunday suggested the PBoC might consider unconventional policies to buy assets from banks or directly buy bonds to rebuild balance sheets and reinvigorate economy.
01[12:15] {@Threei} Short Setup: TWTR  52 break
01[12:15] {@Threei}  If holds  .10
01[12:19] {@Threei}  1:1
[12:21] {jfjf64} .60 break iwm
[12:22] {jfjf64} Invalid
[12:23] {nemo} think it's close JF
[12:23] {jfjf64} Yes sir
[12:23] {jfjf64} In
[12:23] {jfjf64} Imo
[12:24] {jfjf64} I'm not in
01[12:28] {@Threei}  that pullback under .50, that was the best entry point on .50 recross
01[12:28] {@Threei}  with clear stop under .40
01[12:28] {@Threei}  aggressive entry for .60 break, double bottom
01[12:38] {@Threei}  1:1  TWTR
01[12:38] {@Threei}  1:2
01[13:15] {@Threei} Long Setup:  VXX  .30 break
01[13:15] {@Threei}  wow
01[13:15] {@Threei}  1:1
[13:29] {dino} amot drop
[13:32] {dino} amot sm l .95
[13:36] {jfjf64} Akrx short here
[13:36] {jfjf64} .20 break
[13:39] {jfjf64} 35.55 long jd
[13:42] {drewj} Hey Vad...how do you work out where to place stop and invalidation levels?
01[13:42] {@Threei}  from the chart
01[13:42] {@Threei}  nearest support or resistance
[13:43] {drewj} so you bracket the two with the price right in the middle?
01[13:43] {@Threei}  hmm?
01[13:43] {@Threei}  sorry, don't understand
[13:43] {drewj} I know I would get a lot of invalidations
01[13:44] {@Threei}  I look for a channel formed by horisontal lines
01[13:44] {@Threei}  one serves as a resistance, another as support
[13:44] {drewj} so above and below the channel
01[13:44] {@Threei}  if looking for a long, resistance serves as a trigger
01[13:44] {@Threei}  and saupport as a stop/invalidation
01[13:44] {@Threei}  and vice versa if short
[13:45] {drewj} for me some of the channels get wider than 10 cents
01[13:45] {@Threei}  sure
[13:45] {drewj} but you never use those wider ones
01[13:45] {@Threei}  then you entier: simply skip the play and go look for another
01[13:45] {@Threei}  or
01[13:45] {@Threei}  play it with smaller shares
01[13:46] {@Threei}  either
[13:46] {drewj} ok
[13:58] {dino} athm drop
01[14:16] {@Threei} Long Setup:  IWM  .40 break
01[14:16] {@Threei}  If holds  .30
[14:20] {dino} out amot .35, +.40
01[14:21] {@Threei}  wtg
[14:21] {dino} ty
[14:21] {dino} surprised it didn't bounce more
[14:21] {nemo} indexes weighing
[14:22] {dino} maybe
01[14:23] {@Threei}  1:1
[14:23] {jfjf64} AAPL .45 long
[14:23] {nemo} earnings tonight
[14:23] {jfjf64} .48
[14:23] {jfjf64} Fill
[14:27] {jfjf64} 1:2
01[14:27] {@Threei}  1:2
[14:29] {jfjf64} 1:3
[14:29] {jfjf64} Out
[14:30] {dino} gj
[14:31] {jfjf64} Ty
[14:43] {jfjf64} Vanguard group largest share holder of Apple stock
[14:43] {jfjf64} 43.9 billion
[14:43] {jfjf64} Wow
[14:44] {nemo} that's because it's the number 1 stock in the SPY and the Qs
[14:44] {nemo} they are big indexers, so they have to maintain weightings
[14:45] {nemo} If I were they, I hope they have a shitload of puts tonight
[14:45] {dino} wonder about that, aren't they long only funds
[14:45] {nemo} doesn't mean they can't own options
[14:45] {nemo} just can't be short
[14:47] {nemo} if APPL results disappoint, spy, Qs, Rut 1000, Dow gonna' STB
[15:00] {jfjf64} Emes watchin bounce
[15:03] {jfjf64} 30 break
01[15:06] {@Threei} Long Setup:  FB  .25 break
01[15:06] {@Threei}  If holds  .15
01[15:10] {@Threei}  Invalidated
01[15:10] {@Threei} Short Setup: FB  .10 break
01[15:10] {@Threei}  If holds  .20
01[15:17] {@Threei}  another review of A taoist Trader on amazon, ravingly positive
01[15:18] {@Threei}  http://goo.gl/jn5hQV
[15:20] {jfjf64} Common fb break 82 wall
01[15:23] {@Threei}  touched 1:1, so let's trail to .16
[15:28] {nemo} yeah, with AAPL after, things should get bumpy unless it lets go
[15:29] {nemo} and looks like they're gonna bring it back to VWAP
[15:29] {jfjf64} Hot .75 break s
[15:30] {nemo} .60 is support
[15:30] {drewj} OK guys, have a great rest of the day
[15:31] {nemo} vxx may be a long play into the close
01[15:31] {@Threei}  1:1
[15:31] {nemo} ass covering before aapl
01[15:33] {@Threei}  1:2
01[15:36] {@Threei}  1:3  FB  bay
01[15:36] {@Threei}  baby
01[15:36] {@Threei}  out
01[15:36] {@Threei}  nice day once again
[15:36] {nemo} there goes VXX
[15:36] {jfjf64} Nicely done
01[15:36] {@Threei}  finishing on this
01[15:36] {@Threei}  thank you all, have a great evening
01[15:36] {@Threei}  see you tomorrow
[15:36] {jfjf64} Good day

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Springtime for the Nasdaq
Fri, 24 Apr 2015 16:29 PM EST

The March quarter earnings season hit its stride this week, and just about half of the S&P500 components have released quarterly results. Global indices remain at or near all-time highs: in Asia, a PBoC RRR cut helped neutralize fears of a Chinese selloff after last Friday's regulatory crackdown (although there was another round of similar fears regulators would be tightening the screws), while in the US a few rounds of strong earnings propelled the Nasdaq above its March 2000 all-time closing high and kept the S&P near its March all-time highs. In Europe, Greece missed another deadline to present its European partners with reforms to unlock funding, but equity and bond markets seem to be reacting much less severely to the story. Leading manufacturing indicators in Asia showed a difficult start for Q2, as advance PMIs for China and Japan saw significant deterioration. Beyond the unending Greek drama, Europe was looking slightly better, with a 10-month high in the Germany April IFO survey and another month of expansion in the preliminary Eurozone manufacturing PMI data. For the week, the DJIA added 1.4%, the S&P500 rose 1.7% and the Nasdaq surged 3.2%.

There was next to no progress made in resolving the Greek crisis at Friday's Eurogroup meeting and yet another deadline for Athens to unveil its reform proposals was missed. With Europe's patience running very thin, there was talk the ECB was mulling a plan to cut off the Greek financial system from ELA support and ECB President Draghi said the council would examine the issue at a May 6th meeting. In public statements, Greek and European officials continued to talk about the need to reach a deal and Greece made a few concessions, but press reports suggested talks were very heated and Greece's creditors were considering a "final ultimatum" for Greece, with no funds released short of a comprehensive deal. The next big payment faced by Athens is a €1.4 billion bill redemption on May 8th. EUR/USD tested lows around 1.0660 on Tuesday and Thursday then rose to its highs of the week at 1.0900 on Friday.

The March home sales reports were mixed. March US existing home sales bounced higher, improving on the flattish February numbers that had been impacted by the harsh winter weather. Sales of previously owned homes climbed to the highest level since September 2013, up 13.5% y/y. Conversely, March new home sales disappointed with a 10% decline from February's relatively good level. Analysts highlighted that both reports are highly erratic and subject to big revisions. Two major homebuilders also reported contrasting quarterly results this week. DR Horton met expectations in its second quarter and offered slightly improved FY guidance, with orders up ~30% y/y. Pulte Homes widely missed earnings and revenue targets. Pulte's performance was weighed down with construction delays, which impeded closings.

In big tech, Microsoft and Amazon saw impressive gains in cloud computing revenue. Amazon's quarterly revenue rose 12% and its quarterly loss was slightly smaller than expected. Investors were happy to see the firm break out AWS metrics for the first time: AWS had revenue of $1.5 billion in the quarter, with a run rate of $5 billion a year and profits of $265 million. Microsoft's results showed CEO Nadella's turnaround well under way, with mobile hardware and cloud services revenue up sharply even as legacy licensing and PC revenue continued to decline. IBM saw its 12th straight quarter of revenue contraction, exacerbated by lower hardware sales and the strength of the dollar

Facebook's results were very good across the board, with advertising revenue up 46% y/y and user metrics up double digits. The social network joined the chorus of firms complaining about the effects of the strong dollar, saying forex headwinds would be even greater in Q2 than the 7% crimp in Q1. Google's revenue and paid clicks rose slightly less than expected, although costs were lower. Analysts had been criticizing the firm for swelling expenses over recent quarters.

Industrial names showed stress from the strength of the dollar and overseas economic weakness. Caterpillar crushed earnings expectations, however the firm warned sales and profit in each of the remaining three quarters of 2015 would be lower than the first quarter. General Motors meanwhile widely missed on earnings and revenue, with significant losses in key overseas markets. Lockheed and United Technologies both missed on revenue, although Lockheed also slightly increased its FY guidance. Boeing's revenue missed and the backlog shrank.

Consumer names Pepsi and Procter & Gamble saw flat profits and declining revenues; PG's revenue fell for the fifth quarter in a row. McDonalds disclosed grim first-quarter results: revenue declined 11% y/y and guest traffic was down in all major segments. Shares rose post-earnings after the firm said it would disclose a major turnaround plan soon and said it closed another 220 locations worldwide in the quarter. YUM! Brands saw lower profits and continuing drag in China, but tweaked its FY outlook slightly higher. Coke had a solid quarterly report. Airlines United Continental and Southwest reported very good results, citing lower fuel prices and growing demand.

Dow Chemical saw its earnings bulked up by asset sales, even as its revenue declined 14% y/y. Competitor 3M missed earnings expectations and cut its FY guidance. Both names warned FX negative impacts on sales would be substantial for the full year. Steel firms Nucor and Reliance Steel disclosed very strong first quarter results, with both companies widely beating earnings expectations. Executives from the two firms cited improving industry conditions, although they also warned pricing remains under pressure.

Comcast officially abandoned its $45 billion deal to acquire Time Warner Cable. The announcement does not come as much of a surprise, as the consensus emerged that after the FCC's net neutrality gambit the deal was next to impossible. The FCC was gearing up for hearings on the merger and press reports out this week suggested that DOJ lawyers were close to a decision to recommend blocking the merger. There is no breakup fee for either firm for walking away from the deal. Charter Communications (which is controlled by Liberty Media Corp) is widely understood to be interested in making a bid for Time Warner now that Comcast is out of the way, but reports indicate that TWC would demand a higher price than the $159/share that Comcast offered.

After weeks of rumors, Teva launched a $40.1 billion offer for rival Mylan. The cash-and-stock bid is valued at $82/share, a 48.3% premium compared to Mylan's stock price on March 10, the last trading before speculation of a link-up between the two companies. The contest won't likely be a friendly one: just last week, Mylan said a merger with Teva would be unlikely to win antitrust approval because of "significant overlap" among the two businesses. Mylan's first line of defense was making its own offer for Perrigo. However, Perrigo rejected the initial unsolicited offer of $205/share and then also spurned a formalized cash and stock offer on the grounds that Mylan's stock has been inflated by the Teva bid.

The PBoC started the week off with a bang, cutting its Reserve Requirement Ratio (RRR) by 100 bps to 18.5%, which eased some of the anxiety caused by new limits placed on margin trading last week. The economic data didn't cooperate, however. The China flash HSBC PMI registered its fourth consecutive contraction and a one year low as the headline number missed estimates. Meanwhile, Japan's preliminary April Markit manufacturing PMI missed expectations as well, and slipped into contraction for the first time in nearly a year. Japan monthly trade data saw its first surplus in almost three years, but that was at least in part due to the crash in oil prices pushing down import values.

Apr 24 2015

Inactive but still nicely profitable day, with two 1:3ers and a few scalps. Nice end to a nice week.

Session Time: Fri Apr 24 00:00:00 2015
[09:03] {dino} gm
01[09:05] {@Threei}  dino :)
[09:22] {jfjf64} Mornin men
01[09:23] {@Threei}  jf :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -LOOK +31% (announced spin-off and definitive merger agreement with Pyxis)
01[09:30] {@Threei}  -EHTH +25% (earnings)
01[09:30] {@Threei}  -GIMO +15% (earnings)
01[09:30] {@Threei}  -AMZN +13% (earnings)
01[09:30] {@Threei}  -JNPR +6.5% (earnings)
01[09:30] {@Threei}  -MSFT +5 (earnings)
01[09:30] {@Threei}  -SBUX +4.4% (earnings)
01[09:30] {@Threei}  -NEM +3.4% (earnings)
01[09:30] {@Threei}  -GOOG +3.3% (earnings)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -AERI -55% (Phase 3 Rhopressa efficacy results & negative broker commentary)
01[09:30] {@Threei}  -AMSC -31% (priced 4M share offering at $6/shr)
01[09:30] {@Threei}  -UBNT -14.5% (earnings; CFO resigns)
01[09:30] {@Threei}  -DDD -11% (lowered Q1 guidance to $0.02-$0.04 v. $0.17e)
01[09:30] {@Threei}  -IMGN -9% (earnings)
01[09:30] {@Threei}  -EMES -8% (cuts distribution by 29% q/q)
01[09:30] {@Threei}  -INFY -7% (earnings)
01[09:30] {@Threei}  -AWAY -6.5% (earnings)
01[09:30] {@Threei}  -SSYS -5% (momentum from DDD guidance reduction)
01[09:30] {@Threei}  -SYNA -2.6% (earnings)
01[09:31] {@Threei} Short Setup: FB  .60 break
01[09:31] {@Threei}  If holds  .70
01[09:32] {@Threei}  Invalidated
01[09:32] {@Threei} Short Setup: FB  .70 break
01[09:32] {@Threei}  If holds  .80
[09:33] {jfjf64} Kss smashed
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
[09:34] {nemo} SBUX giving it back
01[09:34] {@Threei}  nah
01[09:38] {@Threei} Short Setup: JNP  .80 break
01[09:38] {@Threei}  If holds  .80
[09:38] {nemo} u mean JPM?
01[09:38] {@Threei}  JNPR
01[09:38] {@Threei}  If holds  .90
01[09:38] {@Threei}  still valid
[09:40] {jfjf64} Kss s .15
01[09:40] {@Threei}  third invalidation
[09:40] {jfjf64} 1:1
[09:41] {jfjf64} 1:2
[09:41] {dino} syna sm l .18
[09:42] {dino} kss sm l .15
[09:44] {jfjf64} Bhp 51 break long
[09:46] {jfjf64} Invalid
[09:46] {jfjf64}  Mkt heavy
01[09:46] {@Threei} Long Setup:  IWM  .20 break
01[09:46] {@Threei}  change to .15
01[09:47] {@Threei}  If holds  .05
[09:48] {dino} out kss .45, +.30
[09:49] {jfjf64} Nice
[09:49] {jfjf64} Snuck .60 break
[09:50] {jfjf64} Sbux
[09:50] {dino} ty
[09:50] {dino} rmd hl l .70
[09:51] {jfjf64} Invalid
01[09:52] {@Threei}  1:1
[09:52] {dino} kss hl l .15 ave
[09:53] {dino} asps giddy-up again
[09:55] {jfjf64} .50 break sbux
[09:57] {dino} rmd stopped -.24
[09:57] {jfjf64} Invalid
[09:58] {jfjf64} Dino you long kss
[09:58] {dino} syna drop
01[10:00] {@Threei} Short Setup: JNPR  26 break
01[10:00] {@Threei}  If holds  .10
[10:00] {dino} out kss .56, +.41
[10:01] {dino} syna hl l .54
[10:03] {dino} whippy
01[10:04] {@Threei}  1:1
[10:04] {dino} or as stewie would say, "(w)hippy"
[10:04] {dino} rmd sm l .11
[10:05] {dino} 07 red
[10:06] {dino} kss hl l .13
[10:07] {dino} out kss .43, +.30
[10:07] {dino} too soon
[10:10] {nemo} EBAY
01[10:12] {@Threei} Long Setup:  IWM  126 break
01[10:12] {@Threei}  If holds  .90
[10:16] {dino} out syna .26, +.72
01[10:17] {@Threei}  1:1
[10:21] {dino} syna sm l .89
[10:22] {jfjf64} Missed .60 break sbux
[10:22] {jfjf64} Raced up
[10:24] {jfjf64} Rsg 85 break
[10:26] {dino} syna stopped -.33
[10:28] {jfjf64} 1:1
[10:28] {dino} syna sm l .20
[10:28] {jfjf64} Dnkn lifetime high
[10:28] {dino} definition of pulp, syna
01[10:30] {@Threei}  1:2
[10:34] {dino} out syna .97, +.77
[10:35] {dino} hmm, felt drop coming...
[10:36] {dino} damn
[10:39] {jfjf64} Tso .90 break
[10:41] {jfjf64} No go
[10:43] {jfjf64} Mad myself took that
[10:46] {jfjf64} Baba hod break.55
[10:46] {jfjf64} Hold .45
[10:51] {jfjf64} 1:1
[10:51] {jfjf64} 1:2
[10:54] {jfjf64} 1:3
[10:54] {dino} gj
[10:55] {jfjf64} Ty sir
[10:55] {jfjf64} Out
[10:57] {jfjf64} Dis bam
[11:01] {jfjf64} Cat
[11:02] {jfjf64} .20 break wd of been nice cat
01[11:05] {@Threei}  1:3
01[11:05] {@Threei}  out
01[11:05] {@Threei}  took a while
[11:06] {dino} taking remainder 200 syna off, out .50, +1.30
[11:06] {dino} back in 30 or so
[11:07] {dino} out rmd .22 from earlier, got lucky, +.11
[11:07] {jfjf64} Nice job vg dino
[11:08] {dino} ty, gotta hop for awhile
[11:08] {jfjf64} Do ya thing brother
[11:08] {jfjf64} If hoppin is what it is enjoy
01[11:09] {@Threei}  lol
[11:09] {jfjf64} Lol
01[11:49] {@Threei}  hmmm
01[11:49] {@Threei}  http://www.usedvictoria.com/classified-ad/FREE-Im-Giving-Out-My-Beautiful-Jayco-Jay-Flight-28BHS_24949384
01[11:49] {@Threei}  free RV
01[11:49] {@Threei}  how about I take it, sell my house and become a nomad
01[11:50] {@Threei}  travel from campground to campground, make photos...
01[11:50] {@Threei}  drift to the south during winter, north in the summer
[11:53] {dino} miss much?
01[11:53] {@Threei}  no
01[11:53] {@Threei}  very quiet market
[11:55] {dino} alrighty then
[11:59] {dino} rmd sm l .35
[12:00] {dino} syna sm l .71
[12:05] {dino} volume drying up, scanners barely moving
[12:05] {dino} summer fridays sarting early/
[12:06] {dino} ?
[12:06] {nemo} started in February
[12:06] {dino} yeah
[12:07] {nemo} all the buybacks are taking the market private
[12:08] {dino} buybacks drive me crazy. they buy back high and issue low. waste of shareholder money, just issue dividends
[12:08] {nemo} tax differential
[12:10] {dino} wrong. keep the cash then. not the reason. they do it because they are wasteful, ran out of ideas, don't care about shareholders, p.r. stunt our stock is great investment
[12:10] {nemo} then why does Icahn demand buybacks from AAPL?
[12:10] {dino} less shares boost quartery earnings, by wasting shareholder money
[12:11] {dino} he's wrong there
[12:11] {dino} ibm wasting billions doing this for years
[12:11] {dino} fake earnings beat
01[12:13] {@Threei} Long Setup:  IWM  .10 break
01[12:17] {@Threei}  If holds  .05
[12:17] {nemo} .o1 is pivot
[12:33] {dino} out syna .91, +.30
01[12:34] {@Threei}  wtg
[12:34] {dino} ty
[12:45] {dino} wow, sold that about .80 too soon
[12:50] {jfjf64} Anything going on
01[12:51] {@Threei}  not much, except dino always finds something
[12:51] {jfjf64} Yes he does
[12:52] {nemo} if you don't mind the hooker spreads
[12:52] {jfjf64} Not my type of girls
[12:52] {nemo} lot less headaches than a wife
[12:52] {jfjf64} True
[12:53] {jfjf64} Like tighter ones
[12:53] {jfjf64} Dino don't mind messy
[12:53] {jfjf64} He knows how do deal with those
[12:53] {nemo} oh...you're talking about spreads?
[12:53] {jfjf64} Yes
[12:54] {jfjf64} Lol
[12:54] {nemo} I was gonna' say, go to Vietnam
[12:54] {jfjf64} I cd think of better places to go
[12:55] {nemo} ahhh...not for what you were talking about...Thailand maybe
[12:55] {nemo} wow less than 30 million spy
[12:56] {dino} lol
[13:07] {jfjf64} Hlf gettin hit
[13:08] {nemo} all day
[13:08] {jfjf64} Exc
[13:08] {nemo} huh?
[13:12] {jfjf64} Symbol exc
[13:12] {nemo} nuclear
[13:12] {jfjf64} Had big bar up
[13:12] {jfjf64} Hlf.20 long
[13:13] {jfjf64} Missed it
[13:13] {nemo} hooker spread
[13:15] {jfjf64} Cbi bounce time ??
[13:17] {jfjf64} Dpz lifetime high
01[13:18] {@Threei}  CBI... looks ready
01[13:18] {@Threei}  48 break
[13:18] {nemo} this is S3 on daily
[13:19] {jfjf64} Yes
[13:23] {jfjf64} Rat
[13:23] {nemo} 47.60
[13:24] {jfjf64} Support
[13:24] {nemo} break out level on hourly, could go down to .24
[13:25] {jfjf64} Not messin with it
[13:25] {jfjf64} Dpz  flyin
[13:29] {dino} upgraded to 108
[13:33] {jfjf64} Where is drew today
01[13:37] {@Threei}  just a day off
[13:40] {jfjf64} Thinkin .10 break on cbi
[13:40] {jfjf64} Hold 48.00
[13:41] {jfjf64} Didn't take
[13:44] {jfjf64} Baba lou
[13:50] {nemo} CBI came back to .60 just above the breakout area
[13:51] {jfjf64} Our thought was right timing off
[13:52] {nemo} I just forgot about it
01[13:53] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/830470290365821
[13:53] {jfjf64} Yum 86 break in
06[13:54] * dino slaps nemo around a bit with a large trout
[13:54] {dino} figured you missed that
06[13:54] * nemo chambers a round
[13:54] {dino} lol
[13:55] {jfjf64} Up a buck
[13:55] {dino} rmd driving me crazy, taking it off here
[13:55] {nemo} we might want to start taking 4 day weekends
[13:56] {jfjf64} Why
[13:56] {nemo} trading environment
[13:56] {dino} out rmd 81, +.46
[13:58] {dino} slow, but way over goal today
[13:58] {jfjf64} No complaints here
[13:59] {jfjf64} Out flat yum
[13:59] {dino} 9 beans net
[13:59] {jfjf64} Nice sir
[14:00] {jfjf64} You buyin 1st round
[14:00] {dino} real nice morning
[14:00] {dino} funny you should ask, just sent out some text messages asking whos showing for happy hour
[14:00] {jfjf64} I'm in
[14:01] {dino} ok, see you in couple hours
[14:01] {jfjf64} I'm going to ranger game tonight else I meet ya
[14:01] {nemo} Hah, and I have to work out
[14:01] {dino} enjoy. just hitting my sisters pub for couple
[14:01] {nemo} "sister's"
[14:01] {dino} or sisters'
[14:02] {nemo} true
[14:02] {nemo} but I think you have only one
[14:02] {nemo} who owns a pub
[14:02] {dino} ahh, good point. the other dental hygenist
[14:02] {nemo} yeah, you've talked too much over the years
[14:03] {nemo} ahhh...bunny looking for her afternoon snack
[14:03] {dino} bored. locked in a 10x10 basement office. even my dog blew me off today.
[14:03] {jfjf64} Look at cbi
01[14:03] {@Threei}  no
[14:03] {nemo} frickin' rabbit is over 5 years old
[14:04] {dino} wants vwap
[14:04] {nemo} cbi going to vwap
[14:04] {nemo} yep
[14:04] {nemo} probabaly won't go above given today's action
[14:05] {jfjf64} Vwap welcome back Nemo haven't herd that in awhile the vwap kid is back
[14:06] {nemo} all I can do to keep from swearing
[14:06] {jfjf64} Ease into it
[14:06] {nemo} Raspizdyi
[14:06] {nemo} there, I'll do it in Russian
[14:06] {jfjf64} Vg trying to promote room no swearing
[14:07] {nemo} manga La Gaza
[14:07] {jfjf64} That works
[14:07] {jfjf64} Lol
[14:07] {nemo} Pug Ma Thoin
[14:07] {jfjf64} Manga la gaza
[14:07] {nemo} thought I'd throw in Italian and Gaelic
[14:07] {nemo} yep
[14:07] {dino} ytcrfr
[14:08] {dino} or f%ck
[14:08] {nemo} dino speaks dislexic
[14:08] {jfjf64} You drinkin or quit
[14:08] {nemo} Vad...can you believe that?
[14:08] {dino} quiting at 3, drinks at 4
[14:09] {nemo} I hang out with Russians...quitting is not an option
01[14:09] {@Threei}  lol
[14:09] {nemo} shit...the guy I drink with makes me work out drunk
[14:09] {jfjf64} Sounds good dino
[14:09] {jfjf64} There goes yum
[14:09] {nemo} you ever seen two inebriated individuals going at it with swords?
[14:10] {nemo} a little tough on the walls
[14:10] {jfjf64} Twc explode
[14:10] {nemo} btw...IWM walking the 2day vwap since 12:45
[14:11] {jfjf64} Think higher or lower
[14:11] {nemo} if you short here stop above VWAP'
[14:12] {nemo} frankly,  nothing says anything at the moment
[14:12] {dino} vsm s twc .91
[14:12] {nemo} VXX weak  aapl weak, IWM SPY flat
[14:12] {jfjf64} Skx explode
[14:12] {nemo} earnings
[14:13] {nemo} MSFT
[14:13] {jfjf64} The fb of shoes
[14:13] {nemo} have you quit drinking?
[14:14] {jfjf64} Not me
[14:14] {dino} die twc
[14:14] {nemo} I was being sarcastic
01[14:15] {@Threei} Short Setup: TWTR  .95 break
01[14:15] {@Threei}  If holds  .05
[14:15] {dino} not me
[14:15] {dino} vad quit
[14:16] {jfjf64} Yeah
[14:16] {nemo} Vad?
[14:16] {jfjf64} No drink
06[14:16] * nemo faints
[14:16] {dino} cov twc .85, +1.06
06[14:16] * nemo calls 911
01[14:16] {@Threei}  wtg
[14:16] {dino} jf ty for idea
[14:16] {jfjf64} There ya go dino
[14:16] {jfjf64} Twc
[14:16] {jfjf64} Always pal
[14:17] {nemo} classic Dino (only) play
[14:17] {jfjf64} Tv
[14:18] {dino} drew missing a very good trading day
01[14:19] {@Threei}  yesterday was even better
[14:19] {jfjf64} Wed even better
[14:20] {nemo} VXX
[14:20] {jfjf64} Vxx hasn't been friend lately
[14:21] {dino} sucks lately, going to zero
[14:21] {nemo} no, but if people want to cover exposure it'll be on Friday
[14:22] {dino} syna spike
[14:23] {dino} thing should go up, decent report
[14:23] {jfjf64} Def teenager
[14:23] {jfjf64} Vxx
[14:25] {jfjf64} Good day all enjoy weekend
[14:25] {jfjf64} Go rangers
[14:25] {jfjf64} Going drinkin in big apple
[14:26] {dino} have fun jf
01[14:26] {@Threei}  take care jf
[14:26] {nemo} been to that park
[14:26] {dino} i was at a fight and a hockey game broke out
[14:26] {nemo} old joke
[14:27] {dino} yes
[14:27] {jfjf64} Lol
[14:27] {nemo} oh...NY Rangers...I hate MSG
[14:28] {nemo} IWM looking short, but not yet
[14:28] {nemo} VXX looking short, which is contradictory
01[14:28] {@Threei}  1:1
01[14:36] {@Threei}  1:2
01[14:38] {@Threei}  1:3
01[14:38] {@Threei}  out
[14:39] {dino} wtg
01[14:39] {@Threei}  ty
01[14:39] {@Threei}  nice steady day, albeight not too active
01[14:39] {@Threei}  -gh
[14:42] {dino} cavm blood, -7 two days, no news
[14:47] {dino} gotta hop, have great weekend
01[14:49] {@Threei}  ok guys, have a good weekend all
01[14:50] {@Threei}  see you Monday
[15:05] {nemo} holy shit, less than 40 mil spy