May 12 2015

Once again, nicest morning possible with profits making it worth our while, and empty afternoon.


Session Time: Tue May 12 00:00:00 2015
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
[09:13] {drewj} gm
01[09:14] {@Threei}  drew :)
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -PTIE +40% (announced top-line results for REMOXY human abuse potential trial)
01[09:28] {@Threei}  -PLL +21% (said to be nearing sale with final bids due within the week)
01[09:28] {@Threei}  -AOL +18% (being acquired by VZ for $50B)
01[09:28] {@Threei}  -THLD +16% (received fast-track designation from FDA for Evofosfamide)
01[09:28] {@Threei}  -SPPI +9% (trading up after Armistice Capital disclosed 5.4% stake)
01[09:28] {@Threei}  -ORIG +7 % (earnings)
01[09:28] {@Threei}  -VIP +6.3% (trading higher on press speculation a deal with Hutchison Whampoa is near)
01[09:28] {@Threei}  -INO +3.6% (earnings & initiated clinical trial with DNA immunotherapies to prevent & treat Ebola)
01[09:28] {@Threei}  -OCN +7% (annual report new Board member)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -NLNK -22% (IMPRESS Phase 3 trial data)
01[09:28] {@Threei}  -RAX -15% (earnings)
01[09:28] {@Threei}  -MTZ -10% (earnings)
01[09:28] {@Threei}  -ASH -3.6% (earnings)
01[09:28] {@Threei}  -GPS -3% (April SSS)
01[09:29] {@Threei}  this regularly makes me laugh:
01[09:29] {@Threei}  - Greece said to have used funds from IMF account to pay the IMF.
[09:31] {dino} lol
[09:31] {cosmo} that's the way its done these days
01[09:31] {@Threei} Long Setup:  FB  . 60 break
01[09:31] {@Threei}  If holds  .50
[09:32] {cosmo} Just wondering here if VZ might bring back Netscape.
01[09:32] {@Threei}  lol
[09:32] {cosmo} ….nah, just dreaming…
01[09:33] {@Threei} Long Setup:  FB  . 50 break
01[09:33] {@Threei}  If holds  .40
01[09:34] {@Threei}  1:1
[09:35] {dino} cat gap fill
01[09:35] {@Threei}  1:2
01[09:35] {@Threei}  1:3
01[09:35] {@Threei}  chas is missing good openings
01[09:36] {@Threei} Long Setup:  IWM  .75 break
01[09:37] {@Threei}  If holds  .65
01[09:39] {@Threei}  1:1
01[09:39] {@Threei}  1:2
[09:43] {dino} gj
01[09:43] {@Threei}  ty
01[09:45] {@Threei} Long Setup:  FB  .20 break
01[09:45] {@Threei}  If holds  .10
01[09:46] {@Threei}  Invalidated
01[09:47] {@Threei} Long Setup:  FB  77 break
01[09:47] {@Threei}  If holds  .90
01[09:47] {@Threei}  1:1
[09:47] {jfjf64} Mornin
01[09:47] {@Threei}  hey jf
[09:47] {jfjf64} Internet prob
01[09:47] {@Threei}  ugh
[09:47] {jfjf64} Grrrrrrrrrrr
01[09:48] {@Threei}  missed couple good ones
01[09:49] {@Threei}  1:2
[09:50] {jfjf64} Ew 133 break
01[09:51] {@Threei}  you feel a lot of disdain to that break, eh?
[09:51] {jfjf64} Bam
[09:51] {jfjf64} Been wking
01[09:52] {@Threei}  1:3
[09:53] {jfjf64} Twtr .56 break
[09:54] {jfjf64} Twtr little dif
[09:55] {jfjf64} Go fb
[09:55] {dino} wday sm l .00
[09:56] {jfjf64} Need to break .43
[09:56] {jfjf64} Where is ya trail
[09:57] {jfjf64} Twtr invalid
01[09:57] {@Threei}  .19
01[09:59] {@Threei} Long Setup:  VXX  .55 break
[09:59] {jfjf64} Fmc gettin hit
01[09:59] {@Threei}  If holds  .45
01[10:02] {@Threei}  1:1
01[10:07] {@Threei} Short Setup: FB  77 break
01[10:07] {@Threei}  If holds  .10
[10:08] {jfjf64} 77 been ya friend
01[10:08] {@Threei}  Invalidated
[10:11] {jfjf64} Depo l .21
[10:14] {jfjf64} Wasn't payin attencion
[10:14] {jfjf64} Ci
[10:14] {jfjf64} 131.43 break
[10:14] {jfjf64} Got away
[10:16] {jfjf64} Fmc bounce watch
[10:20] {jfjf64} Trail deposit to40
[10:20] {jfjf64} Depo
01[10:21] {@Threei}  FB again
01[10:21] {@Threei}  same setup
[10:24] {jfjf64} +42cents depo
01[10:25] {@Threei}  no go
[10:25] {dino} gj
[10:25] {jfjf64} Aol watch break hod
[10:26] {jfjf64} Ty
[10:27] {jfjf64} Look ew
[10:27] {jfjf64} Going to hod
[10:27] {jfjf64} Can't find entry
[10:28] {jfjf64} Aol
[10:29] {jfjf64} Very over bought here
[10:29] {jfjf64} Pull bk then
[10:31] {jfjf64} .58 in
[10:33] {jfjf64} 13 ma holding me up
[10:33] {dino} fmc sm l .25
[10:34] {jfjf64} Maybe sad have wait bigger pullbk
[10:34] {jfjf64} No go
01[10:35] {@Threei} Long Setup:  MCD  .50 break
01[10:35] {@Threei}  If holds  .40
[10:36] {jfjf64} What's ya sto dino
[10:37] {dino} .14
[10:38] {dino} out wday .10, +1.10
[10:38] {jfjf64} Look aol did to me
[10:38] {jfjf64} Gj dino
01[10:38] {@Threei}  1:1
01[10:38] {@Threei}  wtg
[10:38] {dino} ty
[10:39] {jfjf64} Played pullbk.58 Stoped me .48
[10:39] {jfjf64} Now wkin way up
01[10:39] {@Threei}  1:2
[10:40] {jfjf64} Gj vg
[10:40] {jfjf64} What do I do aol
[10:40] {jfjf64} Have to play breakout
[10:40] {dino} rockin'
[10:41] {dino} markets want green, zirp baby
01[10:41] {@Threei}  1:3
[10:41] {dino} stop fmc .14 -.11
[10:41] {jfjf64} Nice vg
01[10:41] {@Threei}  ty
[10:41] {jfjf64} Missed mcd
[10:41] {jfjf64} Aol makin me stupid
[10:41] {jfjf64} Spy rip
01[10:42] {@Threei}  zirp... and genius solution of Greece problem, wjere IMF gives Greece money and Greece uses it to replay IMF
01[10:42] {@Threei}  I can't stop marveling at this financial miracle
[10:42] {jfjf64} Hod spy
[10:42] {jfjf64} Aol break
[10:42] {jfjf64} Watch it stop me out
[10:43] {dino} i still can't believe my original mortgage was 9.5% back in 1995
[10:44] {jfjf64} Bought my house 1997
[10:44] {dino} cracks me up people worried about 3% mortgages
[10:45] {jfjf64} 8percent think
[10:45] {jfjf64} Aol1:1
[10:45] {jfjf64} I still use aol
[10:46] {jfjf64} My kids make fun of me
01[10:46] {@Threei}  mine was 9.2 in 1996, yes
[10:47] {jfjf64} Aet lifetime high
[10:49] {jfjf64} Vg you still in mcd
01[10:49] {@Threei}  last piece, yes
[10:50] {jfjf64} Where is trail
01[10:50] {@Threei}  .69
[10:53] {dino} fmc re-load sm l .03
[10:55] {dino} having trouble w/.08
[10:57] {jfjf64} Watchi
[10:57] {jfjf64} Ahh
[10:57] {jfjf64} Just short this bitch
[10:57] {dino} stopped .88 -.15
[10:58] {jfjf64} No legs
[10:58] {dino} that a.m. upgrade killed it
[10:59] {dino} its like having cramer recommend it
[11:01] {jfjf64} Didn't catch that
[11:01] {jfjf64} Hit my scanners as bounce
[11:02] {dino} .00 break long, last try
[11:02] {jfjf64} Boy aet got smoked
[11:02] {jfjf64} After lifetime high
[11:03] {jfjf64} Mcd vg
01[11:03] {@Threei}  yup
[11:03] {jfjf64} Hod break
[11:03] {jfjf64} I was gonna ask you when it was 97.80 if liked
01[11:04] {@Threei}  1:4
[11:05] {jfjf64} Your still in
[11:05] {dino} gj
[11:05] {jfjf64} Nice
[11:05] {jfjf64} Go vg
01[11:05] {@Threei}  [10:49] {@Threei} last piece, yes
01[11:05] {@Threei}  1:5
[11:06] {jfjf64} Nice job
01[11:06] {@Threei}  ty
[11:06] {jfjf64} Got involved with aol
[11:06] {jfjf64} Hate aol
[11:06] {jfjf64} Lol
[11:11] {dino} makes me think of meg ryan
01[11:12] {@Threei}  hmmm
01[11:12] {@Threei}  you are complicated man :)
01[11:13] {@Threei}  then again, guitars make me think of Salma Hayek
[11:13] {dino} back in the day, she was a hottie
[11:13] {nemo} Salma is one of my all time favorites
[11:13] {dino} indeed
[11:24] {jfjf64} Mcd hod
[11:25] {jfjf64} Esi getting hit
[11:25] {jfjf64} Sorry
[11:25] {jfjf64} Didn't realize 3 dollar
[11:26] {dino} pahc spike
[11:36] {jfjf64} Bbsi gettin hit
[11:42] {jfjf64} This stock might be 5 bucks way going
01[11:43] {@Threei} Long Setup:  IWM  .15 break
01[11:43] {@Threei}  If holds  .05
[11:43] {dino} tbra drop
01[11:45] {@Threei}  1:2
01[11:45] {@Threei}  man...
[11:45] {jfjf64} What ya fall asleep
01[11:46] {@Threei}  no... typed 1:1 and it was at 1:2 already :)
[11:46] {jfjf64} That's the way
[11:46] {jfjf64} Who needs1:1
01[11:47] {@Threei}  hehe
[11:48] {dino} bbsi smr l .04
[11:48] {jfjf64} 32 or 33
[11:49] {dino} 33
[11:50] {jfjf64} Ride me cowboy
[11:50] {jfjf64} Go get em
[11:50] {jfjf64} Em
[11:50] {jfjf64} Not me
[11:50] {jfjf64} Llol
[11:54] {dino} pahc spikes again
[11:55] {jfjf64} You still in bbsi
[11:58] {dino} yes
[12:02] {jfjf64} Going to lunch
[12:19] {dino} out bbsi .94, +.90
[12:19] {dino} ty jf for idea
[12:22] {dino} taking hour lunch break, good morning
[13:05] {nemo} XOP looks possibly long here
01[13:06] {@Threei}  tempting
[13:06] {nemo} vwap support is .95
01[13:07] {@Threei}  .05 break trigger
[13:07] {nemo} in .01
[13:07] {nemo} .05 risk..as you say "meh"
01[13:08] {@Threei}  yup, aggressive entry
[13:08] {nemo} that .05 level is important though
[13:14] {nemo} sheesh
[13:14] {nemo} the .11 level is my bull bear line
[13:15] {nemo} scratch
[13:15] {nemo} figures
01[13:20] {@Threei}  you are managing it in a too nervous fashion
01[13:20] {@Threei}  stop was small enough to beging with
[13:20] {nemo} yes
01[13:20] {@Threei}  tightening it that soon was not called for
[13:20] {nemo} yes
[13:57] {dino} .
01[13:57] {@Threei}  ..
[13:58] {dino} ;;;
01[14:00] {@Threei}  hmmm
01[14:00] {@Threei}  what the deuce is that?? :)
[14:00] {dino} ?????
[14:00] {dino} :)
01[14:00] {@Threei}  ;;;
[14:01] {dino} looks like i did not miss much
01[14:01] {@Threei}  wait
01[14:01] {@Threei}  turning decoder ring on
01[14:01] {@Threei}  nope, doesn't work
01[14:06] {@Threei}  XOP worked nicely
[14:06] {nemo} yep
[14:09] {dino} tllp drop
01[14:19] {@Threei}  be back in 15
01[14:33] {@Threei} Long Setup:  FB  .70 break
01[14:33] {@Threei}  If holds  .60
01[14:42] {@Threei}  no go
01[14:43] {@Threei}  [LUV] Pilots Union begins strike preparedness The Southwest Airlines Pilots' Association (SWAPA) today announced staffing and funding for a Strike Preparedness Committee.
01[15:08] {@Threei} Long Setup:  DAL  .30 break
01[15:08] {@Threei}  If holds  .20
01[15:12] {@Threei}  nah
[15:19] {jfjf64} Hey hey
[15:19] {jfjf64} Anything going on
[15:20] {dino} jf, thx for the bbsi idea, took .90 out of it
01[15:20] {@Threei}  looking
[15:20] {jfjf64} Nice dino
[15:20] {jfjf64} Wow she spiked
01[15:24] {@Threei} Long Setup:  DAL  .20 break
01[15:24] {@Threei}  If holds  .10
[15:29] {jfjf64} AAPL 20 break
[15:30] {jfjf64} Long
[15:31] {jfjf64} 1:1
[15:33] {drewj} That's all for me guys
[15:33] {drewj} have a good afernoon
[15:33] {drewj} afternoon
01[15:33] {@Threei}  take care drew
[15:37] {jfjf64} Hum wants higher
[15:41] {jfjf64} Hum l .21
[15:50] {dino} gn all, decent morning, dead afternoon
01[15:50] {@Threei}  same here
01[15:54] {@Threei}  thank you, have a good evening
01[15:54] {@Threei}  see you tomorrow
[15:54] {jfjf64} Me 2
[15:54] {jfjf64} Ty
[15:56] {nemo} spy looks short but too late
[15:56] {nemo} this is weekly pivot here
[15:57] {jfjf64} .15

May 11 2015

Nice start to the week with good morning trades. Boring afternoon, but profits were booked early on.


Session Time: Mon May 11 00:00:00 2015
[09:18] {dino} gm
01[09:18] {@Threei}  dino :)
[09:21] {drewj} Hi guys...
01[09:23] {@Threei}  drew :)
01[09:23] {@Threei}  how was Canada?
[09:23] {drewj} I really enjoyed it
[09:24] {drewj} The people are really nice
01[09:25] {@Threei}  we are... we are the only nation that apologize when you step on our foot
[09:25] {dino} lo
[09:25] {drewj} I should have tried that!
[09:25] {dino} lol
01[09:26] {@Threei}  next time... you'll be amazed
01[09:26] {@Threei}  http://www.pleated-jeans.com/wp-content/uploads/2013/08/knockkonck.jpg
[09:26] {drewj} No one seemed angry like in the US
[09:27] {drewj} Except for the other Americans:)
[09:29] {jfjf64} Gm all
01[09:30] {@Threei}  jf :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -ROSE +31% (being acquired by Noble Energy for $26.62/shr)
01[09:30] {@Threei}  -CDTI +28% (NYC Dept. of Sanitation to use DuraFit technology on 3K vehicles)
01[09:30] {@Threei}  -ZU +21% (BABA raised stake to 9.3%)
01[09:30] {@Threei}  -VGGL +17% (earnings)
01[09:30] {@Threei}  -RNF +13% (earnings)
01[09:30] {@Threei}  -TSRE +11% (to be acquired by Independence Realty Trust for $7.60/shr)
01[09:30] {@Threei}  -DF +7.3% (earnings)
01[09:30] {@Threei}  -MBLY +5% (earnings)
01[09:30] {@Threei}  -KNDI +3.2% (earnings)
01[09:30] {@Threei}  -ACT +3.2% (earnings)
01[09:30] {@Threei}  -VALE +2.2% (no news seen)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -FXCM -13% (momentum from earnings miss on Friday)
01[09:30] {@Threei}  -ETSY -9.3% (negative broker commentary)
01[09:30] {@Threei}  -GEVO -6.6% (launch of renewable alcohol fuel not till mid to late '15 as it requires ASTM International certification for the fuel)
01[09:33] {@Threei} Long Setup:  FB  .40 break
01[09:33] {@Threei}  If holds  .30
01[09:33] {@Threei}  1:1
[09:35] {jfjf64} Expode
01[09:35] {@Threei}  1:2
01[09:35] {@Threei}  iksplode
[09:35] {jfjf64} Where trail to
01[09:36] {@Threei}  .49
01[09:37] {@Threei}  1:3
01[09:38] {@Threei}  1:4
01[09:38] {@Threei}  out
01[09:38] {@Threei}  can I go home?
[09:38] {jfjf64} Ty
01[09:38] {@Threei}  yw
01[09:38] {@Threei} Long Setup:  VXX  .60 break
[09:38] {jfjf64} Mr FB
01[09:39] {@Threei}  If holds  .55
[09:41] {jfjf64} AAPL Twtr down fb up
[09:41] {jfjf64} Spy needs to break under .64
[09:41] {jfjf64} Yes
[09:42] {jfjf64} Thought that wd pop vxx
[09:43] {jfjf64} Z watch for break hod
[09:43] {jfjf64} Gonna fly
[09:45] {jfjf64} Down
[09:45] {jfjf64} Lol
01[09:46] {@Threei} Long Setup:  P  .40 break
01[09:46] {@Threei}  If holds  .30
[09:52] {jfjf64} Cat strong
[09:52] {jfjf64} Going to 90
[09:52] {jfjf64} Eod
[09:52] {jfjf64} Imo
01[09:53] {@Threei}  1:1  VXX
[09:54] {jfjf64} Z  watch
[09:56] {jfjf64} P invalid?
01[09:56] {@Threei}  yeah
[09:57] {jfjf64} Cat was nice on pullbk
[09:57] {jfjf64} .71 support
[09:58] {jfjf64} Didn't take
01[09:58] {@Threei} Long Setup:  MCD  .65 break
01[09:58] {@Threei}  change to .60
01[09:58] {@Threei}  If holds  .55
[09:58] {nemo} two way with gap fill
01[09:58] {@Threei}  tighter stop
[10:00] {jfjf64} I like this p
[10:00] {jfjf64} Cat hod
[10:01] {jfjf64} In p 43
01[10:01] {@Threei}  1:1  MCD
[10:02] {jfjf64} 1:1 p
[10:08] {jfjf64} Z
01[10:08] {@Threei}  1:2
[10:09] {jfjf64} Stalking this orb
[10:10] {jfjf64} Bamm
[10:11] {jfjf64} Bamm
[10:11] {jfjf64} Bamm
[10:13] {dino} tight range
[10:13] {jfjf64} Go
[10:13] {jfjf64} Can I go home
[10:14] {dino} sure
[10:14] {jfjf64} You take it dino
[10:14] {jfjf64} Out 1.70
[10:15] {drewj} nice one jf
[10:15] {jfjf64} Ty
[10:16] {dino} gj jf
[10:22] {jfjf64} Joy.76 long
[10:23] {jfjf64} 20 cent stop .54
[10:28] {jfjf64} No go
01[10:30] {@Threei}  1:2  VXX
[10:30] {jfjf64} Chatter aapl may buy blackbury
01[10:33] {@Threei}  (GR) Greece Finance Ministry states it has made IMF payment of €750M due May 12th
01[10:33] {@Threei}  IMF: yay...
[10:34] {jfjf64} Spy bounce here
[10:38] {jfjf64} Z looks like wants another run hod
[10:39] {jfjf64} Got to break res here .30 ish
01[10:40] {@Threei} Long Setup:  FB  .35 break
01[10:40] {@Threei}  If holds  .27
[10:42] {jfjf64} Cat makin it's move up
[10:44] {jfjf64} .45 first line res fb
[10:44] {jfjf64} Let's go
[10:46] {jfjf64} Spy giddie up
[10:48] {dino} w drop
[10:49] {jfjf64} Joy rinced me out
[10:49] {jfjf64} 2 cents
[10:49] {jfjf64} Also marchin
[10:50] {jfjf64} Vg you need to break wall down .45
[10:50] {jfjf64} Get boots on
01[10:50] {@Threei}  1:1
[10:50] {jfjf64} They ya go
[10:52] {dino} aer drop
[10:55] {jfjf64} Cat hod will play
[10:57] {dino} aer sm l .64
[11:08] {jfjf64} Bounced off 13 ma
[11:08] {jfjf64} You still in dino
01[11:11] {@Threei}  here comes FB
[11:11] {dino} yes
[11:11] {jfjf64} Fb nice
[11:12] {dino} first day live sterling trader pro
[11:12] {jfjf64} How ya like
[11:12] {dino} fast
[11:13] {jfjf64} Cat watch
[11:13] {jfjf64} Hod
[11:13] {jfjf64} Break
[11:14] {jfjf64} 1:2 no vg
[11:18] {jfjf64} Nice dino
[11:22] {dino} so far
01[11:25] {@Threei}  1:2
[11:26] {jfjf64} What ya fall a sleep
01[11:27] {@Threei}  yes... why?
[11:39] {dino} out aer .26, +.60
01[11:44] {@Threei}  wtg
[11:46] {jfjf64} Gj dino
[11:46] {jfjf64} Cat hod break he we go
[11:51] {dino} ty
[11:53] {jfjf64} Comon cat
[11:53] {jfjf64} Uf wants to go to lunch
[11:53] {jfjf64} Jf
[11:53] {dino} dino too
[11:53] {jfjf64} Iwm hod
[11:54] {jfjf64} Jf kicks cat in ass
[11:57] {jfjf64} Stop at .09
[12:00] {jfjf64} Thought break wd be little more climatic
[12:02] {jfjf64} Out
[12:03] {jfjf64} .14
[12:03] {jfjf64} Lunch here
[12:03] {jfjf64} Great mornin
01[12:03] {@Threei}  The Greek Finance Ministry released a statement around 10:30ET that it had ordered the payment to go through, however yields remain very elevated, with the 10-year UST up 6.5 basis points to 2.213% and the 10-year bund up 4.8 basis points to 0.593%. Nobody really expects a deal at the Eurogroup today and more people are worrying about a possible Greek default
[12:04] {dino} you're in the zone this spring jf, good job. keep it going.
01[12:04] {@Threei}  I worry about Greek yogurt more than default
[12:04] {jfjf64} Ty
[12:04] {jfjf64} Hate yougurt
01[12:05] {@Threei}  see? real worry
[12:05] {jfjf64} Na jokin
01[12:05] {@Threei}  I bet you don't hate default
[12:05] {jfjf64} Like alot
01[12:05] {@Threei}  Secretary of State John Kerry will meet with Russian President Putin on Tuesday in Sochi, the first direct talks of this kind since the crises in Ukraine and Iraq blew up a year and a half ago. Among other things, there were reports that Kerry would raise the possibility of US military assistance for Ukraine at the meeting.
[12:05] {jfjf64} Make nice smoothies with it
[12:07] {jfjf64} Cop lod break
[12:07] {dino} conn spike
[12:08] {jfjf64} Xom just broke
[12:10] {jfjf64} Ahh going to lunch
01[12:47] {@Threei} Long Setup:  VXX  .85 break
01[12:47] {@Threei}  If holds  .77
[13:02] {drewj} Vad can you take a look at DAL?
01[13:03] {@Threei}  looks breakish
01[13:03] {@Threei}  not very suitable time of day for this kind of trades though
01[13:03] {@Threei}  I'd let it break and wait for a rinse to enter
[13:05] {drewj} I was wondering about the volume pattern from about 12 PM on.
[13:06] {drewj} It gets a lot heavier and the price flattens out.
[13:06] {drewj} How should I inturpret that?
01[13:06] {@Threei}  no specific significance to it other than time of the day
[13:06] {nemo} no-man's-land
[13:07] {drewj} So breakouts are less reliable during lunch?
01[13:08] {@Threei}  right
[13:08] {nemo} everything is less reliable at lunch
[13:08] {drewj} ok
01[13:08] {@Threei}  often result in rinse
[13:08] {drewj} is that because of lower volume?
[13:08] {nemo} yes, general inactivity
01[13:09] {@Threei}  and because of lesser commitment to action
[13:15] {drewj} thanks guys
[13:17] {nemo} X
[13:18] {nemo} look at X drew, see the breakout fakeout?
[13:18] {nemo} now it's going
[13:19] {drewj} you talking about that little pullback?
[13:20] {nemo} yep
[13:20] {drewj} so the breakouts won't be as direct...
[13:20] {drewj} during lunch
[13:23] {jfjf64} Anything go on
01[13:25] {@Threei}  not really
01[13:25] {@Threei}  except nice DAL breakout
[13:26] {jfjf64} See that
[13:30] {jfjf64} Cat keeps grinding up
[13:43] {jfjf64} Died out
01[13:43] {@Threei}  be back in 40
[13:43] {drewj} ok
[13:43] {jfjf64} Me too oal
[13:43] {jfjf64} Pal
[13:44] {jfjf64} Hold the fort down drew
[13:45] {drewj} Will do JF
[13:45] {drewj} enjoy
[13:50] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:51] {nemo} we're getting into the 4 day weekend time of year
[13:51] {dino} yeah, i understand. just makes it hard to stay alert
[13:53] {drewj} did you do lift wieghts today dino?
[13:53] {drewj} did you lift
[13:54] {dino} not yet, usually around 3:15
[13:55] {dino} 3 mile dog walk at 7:00 am
[13:55] {nemo} what? you run around on all fours?
[13:55] {drewj} :0
[13:55] {drewj} :)
[13:56] {dino} lol, no, but that would be one hell of a workout
[13:56] {nemo} absolutely, good for your back
[13:57] {nemo} ended up taking a 14 mile walk the other day, that was interesting...used to run that in my youth
[13:57] {dino} my lower back hurts when i jog, so down to walking. usually get 15 miles in a week
[13:58] {nemo} probably planting your heel instead of shortening your stride
[13:58] {dino} or just getting old, turned 50 this past march
[13:59] {nemo} shorten your stride so you land a little flatter...creates more spring, uses more of the quadriceps and doesn't drive the femur up into the sacroiliac
[14:00] {nemo} less stress on the lower spine
[14:00] {dino} i'll try it in short bursts
[14:01] {nemo} frankly Dino, I gave up running when I was 30 because of the fear of repetitive motion injury...all I do is Qi Quong now
[14:02] {nemo} no running, no heavy weights
[14:02] {nemo} I see my old buddies from my lifting days...compressed disks, bum shoulders....sheesh
[14:02] {jfjf64} Dal might get pop here
[14:04] {dino} i can relate on the shoulder. was benching 270 lbs, set of 6 last november. something happened to right shoulder, now i get to 230s and pain sets in. easing back into the benching
[14:04] {jfjf64} Sting bench dino
[14:04] {nemo} may I make a recommendation?  get away from the long bar and use only dumbells
[14:05] {dino} my son says do lighter weights/more reps. but my mind wants heavy sets
[14:05] {jfjf64} Strong
[14:05] {jfjf64} Why dumbel
[14:05] {dino} got 300 lbs up for one rep, summer 2014 at the high school weight room w/sons friends
[14:06] {jfjf64} 225 for 10
[14:06] {dino} but this 230-240 stuff bums me out
[14:06] {dino} 225 for 10 is good jf
[14:06] {jfjf64} That was always my goal
[14:06] {nemo} the longbar creates isolation and actually causes stress on peripheral muscles because of the leverage you develop using both hands.  Dumbells require more coordination with a greater area of the body distributing the stress over a further area
[14:07] {dino} i use dumbells on the incline
[14:07] {jfjf64} 225 for 10 in shape was told that when in 20s
[14:07] {nemo} use them on everything
[14:07] {dino} cmcm spike
[14:08] {jfjf64} Always was my goal dino
[14:08] {jfjf64} Have to start with dumbbels
[14:08] {dino} how old are you guys?
[14:08] {nemo} 54
[14:08] {jfjf64} 50
[14:09] {jfjf64} 51 in 3 weeks
[14:09] {jfjf64} Lol
[14:09] {nemo} yeah, but I've got the mileage of a 90 year old
[14:09] {jfjf64} Naa
[14:10] {nemo} yeahhhhh
[14:10] {nemo} trust me
[14:10] {jfjf64} Well schooled
[14:10] {nemo} I'm a 2012 car with 300k miles
[14:10] {jfjf64} Lol
[14:10] {nemo} oh definitely...my liver can't get through a metal detector
[14:11] {jfjf64} Lol
[14:11] {jfjf64} Spy
[14:11] {jfjf64} Lod
[14:11] {nemo} this is aapl
[14:11] {jfjf64} Seems like starting to wake up
[14:12] {nemo} it's after 2
[14:12] {jfjf64} Yes
[14:12] {jfjf64} Beautiful day in the city
[14:12] {nemo} what city?
[14:12] {jfjf64} East coast
[14:13] {nemo} never heard of that city
[14:13] {jfjf64} Isn't it beautiful in Boston today
[14:13] {nemo} Partly cloudy south of Boston
[14:14] {dino} sunny and 80 here
[14:14] {jfjf64} Wonderful day here
[14:15] {jfjf64} My son swimming in pool
[14:16] {jfjf64} Water freezin
[14:16] {jfjf64} Kids don't care
[14:16] {jfjf64} Remember that
[14:16] {nemo} If I drink enough, I don't either
[14:16] {jfjf64} Now heat has to be on 85 for me
[14:19] {jfjf64} Feels like going lower
[14:19] {dino} 07 slow red
01[14:28] {@Threei} Long Setup:  DAL  47 break
01[14:28] {@Threei}  If holds  .90
[14:31] {jfjf64} 47.21 first line of res
[14:34] {jfjf64} You bringing stop up
[14:35] {jfjf64} We were 3 cents from 1/1
[14:35] {jfjf64} Just wondr
01[14:35] {@Threei}  not yet
[14:35] {jfjf64} K
[14:36] {jfjf64} Spy lod
[14:36] {jfjf64} Test
[14:38] {jfjf64} Keep I vxx vg
01[14:40] {@Threei}  to .94 now
[14:40] {jfjf64} K
[14:43] {jfjf64} Joy pop
[14:46] {jfjf64} Out
[14:47] {jfjf64} No harm
01[14:47] {@Threei}  meh
[14:47] {jfjf64} Mkt got no pep
[14:48] {jfjf64} Gonna get hit
[14:53] {jfjf64} Vxx in
[14:53] {jfjf64} 21
[14:55] {jfjf64} 1:1
[14:57] {dino} aaww drop
[14:59] {dino} sm l .96
[15:03] {jfjf64} Now looks like bounce spy
[15:03] {jfjf64} Can't make up mind
01[15:20] {@Threei} Long Setup:  FB  .10 break
01[15:20] {@Threei}  If holds  78
[15:22] {dino} out aaww .28, +.32
[15:22] {jfjf64} Gj
[15:23] {dino} ty
[15:29] {drewj} That's all for me
[15:30] {drewj} Have a nice afternoon eh
[15:34] {jfjf64} Outta here also
[15:34] {jfjf64} Ty
01[15:48] {@Threei}  see you tomorrow guys

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Tory Surprise and US Jobs Report Save the Week
Fri, 08 May 2015 16:30 PM EST

Global equities lost altitude through Thursday as the parade of poor economic data and bond market choppiness continued. Early in the week, the ADP jobs report raised real worries that the US would see another anemic payrolls number for April, while Chinese trade data was concerning. There was no breakthrough on Greece, with both sides seemingly committed to forcing negotiations down to the wire. The global bond market rout continued apace this week and the surge in yields kept pressure on stocks worldwide, nudged further by Fed Chair Yellen weighing in on equity valuations. The stampede out of stocks and bonds sent European indexes to their lowest levels in two months. Note that the UST 10-year yield peaked just below 2.3% on Wednesday and then headed back below 2.12%, while the 10-year Bund peaked around 0.777% on Thursday and quickly dropped below 0.540% by Friday. The surprise landslide victory by the Conservative government in UK elections and Friday's not-too-hot, not-too-cold US jobs report helped equities recoup their losses for the week, with DJIA gaining 0.9%, the S&P500 adding 0.4% and the Nasdaq ending just above flat.

Fed Chair Yellen raised eyebrows on Wednesday after commenting on equity market valuations in a panel discussion. "I would highlight that equity market valuations at this point generally are quite high," said Yellen. "There are potential dangers there." Commentators compared Yellen's remarks to her call on biotech valuations a year ago as well as Alan Greenspan's notorious "irrational exuberance" comments. "We've also seen the compression of spreads on high-yield debt, which certainly looks like a reach for yield type of behavior," added Yellen. She also warned that another potential trouble spot was low long-term interest rates, which could spike as the Fed normalizes its policy, causing disruption across the financial system.

On Thursday, European bond yields had a serious hiccup, with the yield on the German 10-year Bund surging by as much as 21 bps to 0.80%, its highest level since last November, before easing back below 0.60%. Interestingly, peripheral Europe yields saw weaker gains and then fell significantly as buyers stepped in. There was no apparent proximate cause for the spike, besides a general lack of liquidity. Analysts have begun watching the rebound in yields with a certain degree of skepticism: the oil price rebound helped blunt fears of outright deflation, relieving some of the pressure on yields. The euro has reversed course and has begun strengthening, and European stocks have been heading lower in the face of Greek chaos. Economic data is not showing a big improvement in the real economy.

The April jobs report showed the US labor market bounced back firmly from the anemic March results. April non-farm payrolls rose to 228K, about in line with expectations, but the March figure was slashed to 86K from the already disappointing 126K. Unemployment fell to 5.4% from 5.5% in March. Hourly earnings fell slightly, raising worries that wage pressures were not sufficient to deliver much more economic growth. The biggest jobs growth was in white-collar and healthcare sectors, construction saw modest gains, while manufacturing was flat.

The US trade deficit rose 43% y/y to $51.5 billion in March (a six-month high), reflecting a surge of imports that followed the settlement of the West Coast port dispute. Exports edged up 0.9% to $187.8 billion, but imports leaped a record 7.7% to $239.2 billion. Economists say the numbers were less favorable than those used to calculate advance Q1 US GDP, however it remains unclear how much the imports will boost March inventory numbers and their impact on Q1 US GDP revisions.

UK Prime Minister David Cameron won an absolute majority in Britain's Parliamentary elections, taking 326 of the 650 seats up for grabs in the House of Commons. The outcome was surprising after weeks of polls that had been predicting a dead heat between Labour and the Conservatives. Labour's Ed Miliband said he would step down as party leader after his party's share fell to 229 seats from 258 prior. Nick Clegg resigned as leader of the Liberal Democrats after a disastrous result for his party, whose representation fell to eight seats from 57 prior.

Negotiations between Europe, the IMF and Greece went back and forth again this week and became even more divisive. Greek Finance Minister Varoufakis reinserted himself in the mix, denying he had been sidelined and claiming he was prepared to go "down to the wire" in talks. Greece made its payment to the IMF this week, while the next big payment is €745 due on May 12th. There were no signs that the two sides would be able to reach a deal at the Eurogroup meeting on Monday, May 11th. The ECB doled out another ELA expansion to the Greek banking system but deferred making a decision on collateral haircuts to next week. The ECB has used bank collateral obligations as a bargaining chip in bailout negotiations, and by deferring the decision it allows the EU to put a bit more pressure on the Greeks.

The gains in oil prices continued through midweek, with WTI coming within a dollar of the $70 level on Wednesday after the DoE weekly report included the first draw-down in crude inventories since early January. There has been a persistent feeling that the worst of the oil rout is over and prices were seeking a new, higher level, however traders warned of persistent weakness in the physical market (and it was softness in crude deliveries that wreaked havoc late last summer). EIA and OPEC data shows the world still producing more oil than it consumes, and a report that Iranian oil production capacity would be around 3.96M bpd in 2016 helped take futures off their highs.

The March quarter earnings season is slowly winding down. Ecommerce giant Alibaba saw revenue up nearly 50%, with users and mobile metrics rising sharply. Chairman Jack Ma also decided to reinvigorate his management team by bringing in a new CEO. Comcast hit an important milestone, as subscribers for internet service now outnumber cable TV subscribers. Sprint's headline numbers were a bit disappointing, but its widely watched churn rates improved. Green Mountain tanked after missing top- and bottom-line expectations and cutting its FY forecast. Whole Foods said it would launch a new "value-oriented" chain, upsetting some investors. Metlife and Prudential reported firm first quarter results.

McDonalds unveiled its big turnaround strategy. 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. Friday MCD reported April SSS that were down again, by 0.6% globally, but the stock rallied after the decline was less then generally expected.

Lumber Liquidators suspended sales of Chinese laminate flooring, bowing to accusations that the products had dangerous levels of formaldehyde. The firm insisted that while 97% of 26,000 indoor air quality tests with kits provided by the company came back clear, it would suspend sales until a special committee looking into all allegations wrapped up its work. The sudden gain in LL's stock price after the announcement evaporated within hours. Meanwhile, activist Whitney Tilson told CNBC that the development would be the decisive point in the eventual collapse of Lumber Liquidators and disclosed he had "materially increased" his short position.

Alexion Pharmaceuticals agreed to pay a huge premium to buy rare disease specialist Synageva BioPharma for $8.4 billion in cash and stock. Notably, Synageva has no products on the market. Alexion officials said the deal will help their company accelerate and diversify its revenue growth and expand its manufacturing abilities. Alexion's shares tumbled after the deal was announced as investors decided the firm was overpaying.

Trade data out of China showed more signs of slowing growth in the domestic economy. April imports declined for the sixth month in a row, and it was the fourth consecutive month in which imports dropped by a double digit percentage. Chinese exports fell for the second straight month, dismissing hopes of a seasonal rebound while adding to the expectation the PBoC is close to stepping in again. Meanwhile, the China April final HSBC manufacturing PMI sank lower, racking up the biggest contraction in a year. The Shanghai Composite traded down by over 7.5% at its low point of the week before Friday's 2% rally on rate cut expectations. Inflation data due out early Saturday morning in China is expected to show CPI continuing a rebound off of five-year lows registered in January.

May 08 2015

Very quiet session which we decided to wrap early as activity died after several opening trades (nicely profitable, too). Very good week, well deserved weekend.

Session Time: Fri May 08 00:00:00 2015


[09:15] {dino} gm
01[09:17] {@Threei}  dino :)
[09:19] {chasj} Morning
01[09:20] {@Threei}  chas :)
[09:29] {jfjf64} Gm
01[09:29] {@Threei}  jf :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -FUEL +18% (earnings & confirmed receipt of unsolicited offer for company in amount of $350M cash)
01[09:30] {@Threei}  -NVGN +16% (Australian study confirms TRXE-009 kills resistant paediatric brain cancer cells)
01[09:30] {@Threei}  -SYT +13% (confirmed unsolicited approach from MON; BASF & Dow also reportedly potential suitors)
01[09:30] {@Threei}  -DATA +9% (earnings)
01[09:30] {@Threei}  -OUTR +7% (earnings)
01[09:30] {@Threei}  -CYBR +6% (earnings)
01[09:30] {@Threei}  -MOH +5% (earnings)
01[09:30] {@Threei}  -WWAV +5% (earnings)
01[09:30] {@Threei}  -NUAN +5% (earnings)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -CRMD -14% (reported results)
01[09:30] {@Threei}  -SFM -9% (earnings)
01[09:30] {@Threei}  -NVDA -6% (earnings)
01[09:30] {@Threei}  -MNST -5% (earnings)
01[09:30] {@Threei}  -CRM -3.7% (MSFT says no plan to purchase company)
01[09:30] {@Threei}  -VRTX -2.7% (FDA comments on Orkambi FEV1 and raises statistical issue with secondary endpoints)
[09:30] {jfjf64} Mnst
01[09:32] {@Threei} Short Setup: FB  79 break
01[09:32] {@Threei}  If holds  .10
01[09:33] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:35] {jfjf64} Yelp break .20
01[09:35] {@Threei}  1:3
[09:35] {jfjf64} Ty mr fb
01[09:36] {@Threei}  yw
01[09:39] {@Threei} Long Setup:  VXX  .95 break
01[09:39] {@Threei}  If holds  .85
[09:40] {jfjf64} Jnj .10
[09:42] {jfjf64} Data spikin
01[09:43] {@Threei}  Invalidated
[09:44] {jfjf64} Break jnj
01[09:47] {@Threei} Short Setup: DAL  .30 break
01[09:47] {@Threei}  If holds  .40
01[09:49] {@Threei}  1:1
01[09:52] {@Threei}  1:2
[09:53] {jfjf64} Nice
[09:53] {jfjf64} 45.97 next line
[09:53] {jfjf64} Comon spy
[09:54] {jfjf64} Little help
[09:55] {dino} gj
01[09:56] {@Threei}  ty
[09:56] {jfjf64} Ty
[09:58] {jfjf64} Bother leg down fb
[09:58] {jfjf64}  Nother
[09:58] {jfjf64} ?
[09:58] {dino} oled spike
[09:59] {jfjf64} Data
[10:00] {jfjf64} Break hod
[10:00] {jfjf64} Watch
[10:01] {dino} have to go look at a foreclosure, back in hour
[10:02] {jfjf64} Good luck
[10:02] {dino} thx
01[10:04] {@Threei} Long Setup:  FB  .60 break
01[10:04] {@Threei}  If holds  .50
[10:09] {jfjf64} Jnj break hod
[10:09] {jfjf64} .30
01[10:09] {@Threei}  no go
[10:15] {jfjf64} Out flat jnj
[10:15] {jfjf64} That .30 break looked good
[10:15] {jfjf64} Fb
[10:15] {jfjf64} Hindsight
[10:20] {jfjf64} Jnj 40 break
01[10:26] {@Threei} Short Setup: DAL  .20 break
01[10:26] {@Threei}  If holds  .30
01[10:40] {@Threei}  market stalled
[10:41] {jfjf64} Yeah
[10:41] {jfjf64} Look fb take lod out
[10:47] {jfjf64} Here comes
[10:47] {jfjf64} Comon dal
[10:48] {jfjf64} Fb lod short
[10:48] {jfjf64} .16
[10:49] {jfjf64} Right way to play this wd of been to short on bounc if I liked
[10:50] {jfjf64} .30 break
[10:50] {jfjf64} Wd be up 20 cents
[10:50] {jfjf64} 1:1
[10:51] {chasj} dal taking its sweet time
01[10:53] {@Threei}  annoying
01[10:53] {@Threei}  trailing stop to .26
[10:59] {jfjf64} Gap up STOP
[10:59] {jfjf64} Tough trading
01[11:01] {@Threei}  opening was nice but otherwise drew had the right idea with his Niagara trip :)
[11:01] {jfjf64} Yes openings have been real good
01[11:04] {@Threei}  ok DAK
01[11:04] {@Threei}  it's time
06[11:05] * @Threei hits DAL over the head
[11:06] {jfjf64} Yes hit all those stops
01[11:07] {@Threei}  half out
01[11:07] {@Threei}  can't let it bounce from here and continue torturing us
01[11:07] {@Threei}  stop to .21
[11:08] {jfjf64} Ha I think heading southbound
[11:08] {jfjf64} Try milk it
[11:08] {jfjf64} Nothin else going on
[11:11] {jfjf64} Spy hod
[11:11] {jfjf64} Creepin
[11:12] {jfjf64} Nemo sleepin in today
01[11:13] {@Threei}  his usual home problems, I guess
01[11:13] {@Threei}  DAK is interestingly weak while market creeps up
01[11:13] {@Threei}  DAL
01[11:13] {@Threei}  might be more than a scalp
[11:13] {jfjf64} Yes
[11:13] {jfjf64} Dal
[11:14] {chasj} Target on DAL?
01[11:15] {@Threei}  just manage by the book
01[11:15] {@Threei}  cover 1/4 more at 1:2
01[11:15] {@Threei}  trail to .11
01[11:16] {@Threei}  see if it can make 1:3
[11:16] {jfjf64} Got little oversold candl
01[11:16] {@Threei}  dcecide there whether to cover in full or continue trailing
[11:16] {jfjf64} Maybe start droppin now
[11:17] {jfjf64} Fb looks short here
[11:17] {jfjf64} .65 break
[11:18] {jfjf64} Out dal
[11:18] {jfjf64} Ty
01[11:18] {@Threei}  yw
[11:18] {jfjf64} Fb
[11:21] {jfjf64} Now die
[11:21] {jfjf64} Grr
[11:22] {dino} miss much?
[11:22] {chasj} Out also
[11:22] {jfjf64} It will pullbk now
01[11:22] {@Threei}  not really dino, market is glued to a place
[11:23] {dino} figured as much, big gap up opens not my thing
[11:26] {chasj} Was MIA had to get coffee. Thanks Vad that helps me.
01[11:27] {@Threei}  coffee?
[11:28] {chasj} Needed a fix
01[11:28] {@Threei}  lol, reminded me:
01[11:29] {@Threei}  British scientists announced a study revealing that chocolate make people happy. Russian scientists are at loss about whether British scientists ever heard of vodka
[11:29] {chasj} I should have said a shot vodka
[11:30] {jfjf64} Boy this skx always up
[11:30] {jfjf64} Fb of shoes
[11:31] {jfjf64} Gotta run to doctors see in little
01[11:36] {@Threei}  1/2
01[11:37] {@Threei}  1:2
01[11:37] {@Threei}  slow but sure
01[11:38] {@Threei}  setting a stop at .11, be back in an hour
[11:48] {dino} charts showing dji higher lows higher highs
[11:48] {dino} on to 20k
01[12:53] {@Threei}  back
01[12:54] {@Threei}  nice, my DAL was taken out at 1:3
01[13:11] {@Threei}  wow... no life anywhere
01[13:14] {@Threei} Long Setup:  FB  .70 break
01[13:14] {@Threei}  If holds  .60
[13:37] {jfjf64} Fb valid
[13:38] {chasj} Stopped out @ .58
01[13:38] {@Threei}  yeah, stopped
[13:38] {jfjf64} Didn't see time
[13:42] {jfjf64} C/h aapl
[13:46] {jfjf64} Br long here
[13:46] {jfjf64} Bounce
[13:47] {chasj} jfjf64, what does C/h mean?
[13:47] {dino} not my kind of market today, calling it a decent week. going to mow the lawn
[13:48] {jfjf64} Cup / handel
[13:48] {chasj} thx
[13:48] {jfjf64} Formation
[13:48] {jfjf64} Enjoy Dino good week
[13:48] {chasj} i understand
01[13:49] {@Threei} Short Setup: FB  .60 break
01[13:49] {@Threei}  if this one doesn't work, we can go home till Monday
[13:49] {jfjf64} K
[13:52] {jfjf64} Ok
[13:59] {chasj} Vad are you still in FB/
01[14:02] {@Threei}  yes
01[14:02] {@Threei}  no
01[14:02] {@Threei}  random back and forth
01[14:02] {@Threei}  I suggest taking our weekend
[14:02] {jfjf64} Agree
[14:03] {jfjf64} Good week
[14:03] {chasj} see ya monday
01[14:03] {@Threei}  trading is done for the week, and good week it was
[14:03] {jfjf64} Enjoy
01[14:03] {@Threei}  have a great weekend guys
01[14:03] {@Threei}  see you Monday
[14:03] {jfjf64} You to fb

May 07 2015

Very nice steady day with profits worthy waking up for. Started with 1:3, ended with 1:2, and quite a few in-between.

Session Time: Thu May 07 00:00:00 2015
[09:05] {drewj} Good morning
01[09:07] {@Threei}  drew :)
[09:11] {chasj} Good Morning
01[09:12] {@Threei}  chas :)
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -GEVO +51% (launching renewable alcohol-based jet fuel with Alaska Airlines)
01[09:31] {@Threei}  -QRVO +12.3% (earnings)
01[09:31] {@Threei}  -BABA +11% (earnings; named new CEO Daniel Zhang)
01[09:31] {@Threei}  -YHOO +7.7% (positive comments at SALT conf)
01[09:31] {@Threei}  -ATML +6.8% (earnings)
01[09:31] {@Threei}  -SUNE +5% (earnings)
01[09:31] {@Threei}  -ZNGA +4.2% (earnings)
01[09:31] {@Threei}  -TRIP +4% (earnings)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -ICAD -40% (disclosed information related to reimbursement levels)
01[09:31] {@Threei}  -WFM -13% (earnings)
01[09:31] {@Threei}  -GMCR -12% (earnings; named new CFO Peter Leemputte)
01[09:31] {@Threei}  -NSIT -12% (earnings)
01[09:31] {@Threei}  -PCLN -4.1% (earnings)
01[09:31] {@Threei}  -TSLA -4% (said to buy auto supplier Riviera Tool)
01[09:33] {@Threei} Short Setup: FB  .10 break
01[09:33] {@Threei}  If holds  .20
01[09:34] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:35] {jfjf64} Go poppy
01[09:35] {@Threei}  1:3
[09:35] {jfjf64} 77.64 next  line
[09:36] {jfjf64} What stop at
01[09:36] {@Threei}  .91
[09:36] {jfjf64} .94
[09:36] {jfjf64} K
[09:36] {jfjf64} Ty sir
01[09:36] {@Threei}  trailing to previous once next is hit
01[09:36] {@Threei}  yw
[09:39] {jfjf64} Vrsk Watchin pull bk
01[09:39] {@Threei} Short Setup: FCX  .50 break
01[09:39] {@Threei}  If holds  .60
[09:42] {jfjf64} Gmcr hod break
[09:42] {jfjf64} Went fast missed it
[09:43] {jfjf64} Grrrrr
[09:44] {jfjf64} Vrsk short here
01[09:44] {@Threei}  FCX valid still
[09:45] {jfjf64} Die vrsk
[09:45] {jfjf64} In .55 ish
01[09:47] {@Threei} Short Setup: TWTR  .60 break
01[09:47] {@Threei}  If holds  .70
[09:48] {jfjf64} Die
01[09:49] {@Threei}  1:1  TWTR
[09:50] {jfjf64} Out vrsk + 48
[09:50] {jfjf64} Left to doon
01[09:53] {@Threei} Long Setup:  VXX  .05 break
01[09:53] {@Threei}  If holds  .95
[09:54] {jfjf64} Yhoo .20 break short
01[09:55] {@Threei}  1:1
[09:56] {nemo} BABA no buyers
01[09:57] {@Threei}  fat and ugly?
01[09:57] {@Threei}  ummm... sorry, joke for russian-speaking, I guess
[09:57] {nemo} I understand
01[09:57] {@Threei}  baba is russian for "broad"
[09:57] {nemo} Baba Yaga
01[09:57] {@Threei}  :)
[09:58] {jfjf64} Out flat yhoo
[10:01] {jfjf64} Jns Bounce alert and cpa
[10:09] {jfjf64} .35 cpa
[10:11] {jfjf64} No go
01[10:11] {@Threei} Long Setup:  MCD  .50 break
01[10:11] {@Threei}  If holds  .40
[10:13] {dino} wday sm l .20
[10:15] {dino} pnx drop, thinny
01[10:16] {@Threei}  no go
[10:17] {jfjf64} Sbgi 29 long
[10:22] {dino} pnx sm s . 01
[10:24] {jfjf64} Look fcx vg
01[10:25] {@Threei}  yeah, valid again
[10:25] {dino} cat sm l .11
[10:26] {jfjf64} Vrsk spikin again
[10:27] {dino} out wday .90, +.70
[10:28] {jfjf64} Short here
[10:28] {jfjf64} .65 ish
[10:28] {nemo} dino BABA
[10:28] {jfjf64} Valid
[10:29] {jfjf64} Invalid
[10:29] {jfjf64} 73 round #
[10:29] {jfjf64} .75
[10:29] {jfjf64} Valid
[10:30] {jfjf64} ,85
[10:31] {dino} nemo, don't know, looks down
[10:31] {nemo} yeah, they're looking for flow right now
[10:40] {dino} cpa sm l .41
[10:43] {jfjf64} +37 cents vrsk
[10:43] {dino} gj
[10:49] {dino} inov l .88
[10:51] {dino} wday sm l .16
[10:55] {dino} cov pnx .47, +.54
[10:56] {dino} out cpa .73, +.32
[10:57] {dino} inov stopped .50 -.38
[10:58] {jfjf64} Nice dino
[10:59] {jfjf64} Do ya work
[11:00] {jfjf64} Vrsk lookin for bounce off 24 line
[11:00] {dino} ty
[11:00] {jfjf64} Long here
[11:05] {dino} out cat +.12
[11:06] {dino} stop wday -.18
[11:06] {dino} appt, back in hour or so
01[11:12] {@Threei} Long Setup:  FB  .20 break
01[11:12] {@Threei}  If holds  .10
01[11:20] {@Threei}  1:1
01[11:23] {@Threei}  1:2
06[11:24] * @Threei slaps jfjf64 around a bit with a large roll of cash
01[11:28] {@Threei}  1:3
01[11:29] {@Threei}  Yesterday's remarks by Fed Chair Yellen that equity market valuations are "quite high" continues to echo through markets, as analysts compare it to her call on biotech valuations a year ago as well as Alan Greenspan's notorious "irrational exuberance" remarks
01[11:29] {@Threei}  well, market went up for another 4 or 5 years after "irrational exuberance" remark
[11:31] {cosmo} teasing the mkt down a little so she can load up a little?
01[11:31] {@Threei}  lol
[11:31] {jfjf64} Missed that one
01[11:32] {@Threei}  then slap was twice as deserved
[11:33] {jfjf64} Hire someone to open pool outside helpin him
[11:33] {jfjf64} A mess
[11:34] {jfjf64} Now he waits to be paid
[11:35] {jfjf64} Maybe short here fb
[11:35] {jfjf64} Nice entry you had
[11:35] {jfjf64} 10 break
[11:39] {jfjf64} .50 s fb
[11:39] {jfjf64} Break
[11:40] {jfjf64} Inval
01[11:40] {@Threei}  1:4
01[11:40] {@Threei}  I am out
[11:41] {jfjf64} I didn't realize still in
[11:42] {jfjf64} That's why my short invalid
[11:42] {jfjf64} The force was against me
[11:42] {jfjf64} Good job
01[11:43] {@Threei}  ty
[11:44] {chasj} Vad Great trade on FB thank you
01[11:44] {@Threei}  yw chas
[11:45] {jfjf64} Fb the new Vg
[11:46] {jfjf64} Own it oal
[11:46] {jfjf64} Pal
[11:46] {jfjf64} Good job fb
[12:03] {jfjf64} Gmcr hod
[12:11] {dino} .
[12:13] {nemo} itm might go again...why aig so happy?
[12:14] {dino} 10q all i see
[12:18] {nemo} FB
[13:04] {jfjf64} Twtr s 60 break
[13:04] {jfjf64} Invalid
[13:06] {jfjf64} .70 s
[13:07] {jfjf64} No go
[13:25] {jfjf64} Rinse job
[13:32] {jfjf64} You guys all sleepin
01[13:32] {@Threei}  yes... anything's wrong with that?
[13:33] {jfjf64} How did I know you were gonna say that
[13:33] {jfjf64} Ual hod
[13:33] {jfjf64} All airlines up
[13:33] {nemo} oil of 3%
[13:34] {jfjf64} Aal. Dal. Luv.  Ual.
[13:35] {jfjf64} Ual breaks it
[13:35] {jfjf64} Aal to follow
[13:35] {jfjf64} Dal nice pullbk
[13:37] {jfjf64} Skx lifetime high
[13:37] {jfjf64} .84 long dal
[13:41] {jfjf64} Half ouy
01[13:41] {@Threei}  nice
[13:42] {jfjf64} Out
[13:43] {chasj} Gotta go to an appointment, seeya tomorrow
[13:43] {jfjf64} Skx going
[13:47] {drewj} Hey Vad...
01[13:47] {@Threei}  yes
[13:47] {drewj} I'm heading up to Canada tomorrow!
[13:47] {dino} enjoy
01[13:47] {@Threei}  which part?
[13:47] {drewj} Going to Niagara
[13:48] {jfjf64} Nice
[13:48] {dino} good trip
[13:48] {drewj} You been there?
[13:48] {dino} yes
01[13:48] {@Threei}  of course
01[13:48] {@Threei}  won't meet you there though, it's across the continent from me :)
[13:48] {drewj} Any advice for places to go or miss?
[13:48] {jfjf64} Many years ago
[13:48] {drewj} Right...I was closer to you in Cali
[13:49] {jfjf64} Wife went to plattsburg
[13:49] {drewj} Taking the kids too.
[13:49] {drewj} What's in Plattsburgh?
01[13:49] {@Threei}  it's been a good while since I've been there, doubt my info would be up to date
[13:49] {jfjf64} College
[13:49] {dino} about a decade ago for me. but maid of the mist the kids loved. also on canadian side the tunnels under the falls were cool
[13:49] {jfjf64} Suny
[13:49] {drewj} I really want to do the boat trip also
[13:50] {drewj} Dino you're in Scranton right?
[13:50] {dino} i think we were in a cable car too
[13:50] {drewj} Sounds good.
[13:51] {dino} 30 miles northeast of scranton
[13:51] {drewj} How far from NY line?
[13:51] {dino} 11 miles from delaware river/ny border
01[13:52] {@Threei}  oh yes, the tunnells
[13:52] {drewj} nice
01[13:52] {@Threei}  pure beauty
[13:52] {dino} i think on canadian side they had a ripleys believe it or not park
[13:53] {drewj} Had that in LA too
[13:53] {dino} oh and a butterfly park/dome
[13:53] {drewj} Saw that online
[13:54] {dino} my daughter had butterflies all over her
[13:54] {jfjf64} You live on west coast drew
[13:54] {jfjf64} ?
[13:54] {drewj} Used to
[13:54] {drewj} now in PA
[13:55] {jfjf64} Thought
[13:56] {dino} where in pa drew?
[13:57] {drewj} Johnstown
[13:58] {jfjf64} Hubs 47 break
[13:58] {dino} ahh, out west
[13:59] {drewj} You're in Long Islind right JF?
[14:00] {jfjf64} Yes sir
[14:00] {dino} then i'm in the middle
01[14:01] {@Threei}  be back in 20
[14:01] {jfjf64} Thanks for warnin
[14:02] {dino} lol
[14:03] {drewj} :)
[14:03] {jfjf64} Rgen
[14:03] {dino} dumb move of the day, covering pnx at 20.47
[14:04] {jfjf64} Yelp pushin
[14:05] {drewj} How long have you lived in the city JF?
[14:05] {jfjf64} Wish I seen that 44:50 break
[14:05] {jfjf64} 51 years
[14:05] {jfjf64} Lifer
[14:06] {drewj} So not long then
[14:06] {jfjf64} Short here yelp
[14:06] {jfjf64} .90 ish
[14:10] {jfjf64} Heart failure
[14:10] {jfjf64} Die already
[14:11] {jfjf64} Only 300 shares
[14:12] {jfjf64} Nope
[14:15] {jfjf64} I'm gonna blast out of here see all tommorow
[14:16] {dino} cya jf
[14:19] {dino} out inov .85, +.59
[14:21] {drewj} nice
[14:21] {dino} ty
[14:22] {dino} yelp spike
01[14:24] {@Threei}  back
[14:28] {drewj} short yelp here dino?
[14:28] {dino} inov just bouncing between 23.50-23.90
[14:30] {dino} hmm maybe breaking down
[14:48] {dino} back in 30
[14:48] {dino} dk drew
[14:48] {drewj} ok
[14:48] {dino} have to get my daughter
[14:49] {drewj} take care
01[14:53] {@Threei} Short Setup: FB  .65 break
01[14:54] {@Threei}  If holds  .75
[14:57] {nemo} action will be weird because of the jobs report tomorrow
01[14:57] {@Threei}  Invalidated
01[14:57] {@Threei}  I guess
01[14:57] {@Threei}  but hopefully we nail one more today
[14:58] {nemo} everybody will be hedged or out of the way
[14:58] {nemo} remember the yoda cartoon
01[14:58] {@Threei}  :)
01[15:10] {@Threei} Long Setup:  FB  .75 break
01[15:10] {@Threei}  If holds  .65
01[15:14] {@Threei} Short Setup: DAL  .50 break
01[15:14] {@Threei}  If holds  .60
[15:14] {nemo} .44 vwap
[15:23] {dino} .
01[15:28] {@Threei}  1:1
01[15:28] {@Threei}  told ya we will get one more :)
[15:28] {nemo} I shorted spy instead
[15:33] {drewj} ok guys...i'm off to Canada!
01[15:34] {@Threei}  have a good time eh
[15:34] {drewj} Have a good weekend eh
01[15:34] {@Threei}  :)
[15:34] {drewj} cya
[15:35] {dino} have fun
01[15:38] {@Threei}  1:2
[15:40] {dino} gj 3i
01[15:40] {@Threei}  :)
[15:43] {dino} calling it a decent day, gn all
01[15:43] {@Threei}  Ok, see you tomorrow!

May 06 2015

Beautiful trading session with win after win after win, from scalps and up to 1:5. 



Session Time: Wed May 06 00:00:00 2015
[09:05] {dino} gm
01[09:05] {@Threei}  dino :)
01[09:16] {@Threei}  Greece is saved once again (when, not fully but soon)
[09:17] {drewj} gm
01[09:17] {@Threei}  drew :)
[09:17] {dino} whew
[09:18] {jfjf64} Mornin all
01[09:19] {@Threei}  jf :)
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -GEVA +125% (agreed to acquisition by ALXN)
01[09:29] {@Threei}  -BRDR +105% (earnings)
01[09:29] {@Threei}  -FATE +77% (announces strategic collaboration with Juno Therapeutics)
01[09:29] {@Threei}  -PTBI +48% (acquiring Abeona Therapeutics)
01[09:29] {@Threei}  -MGI +28% (reportedly rcvd takeover offer from WU)
01[09:29] {@Threei}  -HLF +14% (earnings)
01[09:29] {@Threei}  -PACB +9.5% (earnings)
01[09:29] {@Threei}  -PLCE +9.3% (earnings)
01[09:29] {@Threei}  -ICUI +9.3% (earnings)
01[09:29] {@Threei}  -NEON +7% (earnings)
01[09:29] {@Threei}  -CMLP +6% (agreed to merge with Crestwood Equity Partners)
01[09:29] {@Threei}  -WEN +5.5% (earnings)
01[09:29] {@Threei}  -EA +5% (earnings)
01[09:29] {@Threei}  -WU +5% (speculation on takeover offer for MGI)
01[09:29] {@Threei}  -ATHM +4% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -ZU -18% (earnings; slashed guidance)
01[09:29] {@Threei}  -ALXN -5% (acquiring GEVA)
01[09:29] {@Threei}  -FOSL -2.5% (earnings)
01[09:29] {@Threei}  -ALL -1.6% (earnings)
01[09:29] {@Threei}  -SODA -1.4% (earnings)
[09:35] {jfjf64} Long hlf here
[09:35] {jfjf64} 64 ish
01[09:35] {@Threei} Short Setup: FB  .90 break
01[09:35] {@Threei}  If holds  78
01[09:36] {@Threei}  two-sided
01[09:37] {@Threei}  1:1
01[09:37] {@Threei}  1:2
01[09:37] {@Threei}  1:3
01[09:38] {@Threei}  out
[09:38] {jfjf64} Nice
[09:39] {jfjf64} Twtr bounce here
[09:40] {jfjf64} And spy
[09:40] {jfjf64} 10 break
01[09:40] {@Threei} Long Setup:  FB  .40 break
[09:40] {jfjf64} Guess not
01[09:40] {@Threei}  If holds  .30
[09:41] {jfjf64} Spy lower
01[09:43] {@Threei}  hey chas, welcome to the room
[09:44] {chasj} Thanks good to be back
[09:44] {jfjf64} .65 twtr
[09:44] {jfjf64} Hold .55
01[09:45] {@Threei} Long Setup:  IWM  60 break
01[09:45] {@Threei}  If holds  .50
01[09:45] {@Threei}  1:1
[09:46] {jfjf64} 1:1 twtr
01[09:47] {@Threei}  [ALTR] CNBC's Faber: Seems unlikely Intel would go hostile in its pursuit of Altera
[09:49] {dino} dia going for gap
01[09:49] {@Threei}  FB, watching for pullback entry
01[09:49] {@Threei}  desirably under .20
[09:51] {dino} tnet sm l .80
01[09:51] {@Threei}  where is nemo?
01[09:51] {@Threei}  I knew something was lacking this morning
[09:53] {jfjf64} Hlf long .29
01[09:53] {@Threei} Long Setup:  FB  .20 break
01[09:54] {@Threei}  fast
01[09:54] {@Threei}  1:1
01[09:54] {@Threei}  had to be ready to get it
01[09:54] {@Threei}  which is why I alerted the idea of a trade in advance
[09:54] {jfjf64} 1:2 twtr
01[09:55] {@Threei} Long Setup:  IWM  .60 break
01[09:55] {@Threei}  If holds  .50
01[09:56] {@Threei}  1:1
01[09:56] {@Threei}  let's do better this time IWM
01[09:56] {@Threei}  1:2  FB
01[09:59] {@Threei}  1:3
01[09:59] {@Threei}  out
[09:59] {dino} anip sm l ave .46
[09:59] {jfjf64} Nice trading vg ty
01[10:00] {@Threei}  yw
01[10:00] {@Threei}  1:2  IWM
[10:01] {dino} out tnet .40, +.6-
[10:01] {dino} +.60
01[10:01] {@Threei}  man, nemo misses great morning
01[10:01] {@Threei}  wtg dino
[10:01] {dino} ty, gj to u 2
[10:03] {jfjf64} Mkt heavy
[10:03] {jfjf64} Vxx break hod
[10:05] {jfjf64} Not
01[10:08] {@Threei} Short Setup: MCD  .10 break
01[10:09] {@Threei}  If holds  .20
[10:09] {jfjf64} Vxx goes
[10:09] {dino} dia gap fill
01[10:13] {@Threei}  Invalidated
[10:15] {dino} kwr spike
[10:21] {jfjf64} Fb break hod
[10:21] {jfjf64} Missed it
[10:22] {jfjf64} Twtr fillin Mornin gap
[10:22] {jfjf64} Looks
[10:29] {jfjf64} Twtr .31 long
[10:29] {jfjf64} .01
[10:31] {jfjf64} 1:1
[10:32] {dino} gj
01[10:36] {@Threei} Long Setup:  VXX  .85 break
01[10:36] {@Threei}  If holds  .80
01[10:37] {@Threei}  low risk try for .90 break
01[10:37] {@Threei}  Invalidated
01[10:40] {@Threei} Long Setup:  FB  .25 break
01[10:40] {@Threei}  If holds  .15
01[10:44] {@Threei}  1:1
[10:45] {dino} rmd sm l .84
01[10:45] {@Threei}  1:2
[10:46] {jfjf64} Go baby
01[10:46] {@Threei}  1:3
01[10:46] {@Threei}  1:4
[10:47] {jfjf64} .87 next res
[10:47] {jfjf64} Wher is stop
[10:47] {jfjf64} ?
01[10:47] {@Threei}  1:5
01[10:47] {@Threei}  .65
[10:49] {jfjf64} Explode
[10:51] {jfjf64} Me out ty
[10:51] {chasj} ty Vad
[10:52] {jfjf64} What wd we do without our fb
01[10:52] {@Threei}  yw guys
[10:52] {jfjf64} See why everybody lovs
01[10:53] {@Threei}  now
01[10:53] {@Threei}  that offer at .80... magnet
[10:54] {jfjf64} Lol
[10:54] {jfjf64} At my goal 11 clock
[10:54] {jfjf64} Hmm
[10:55] {jfjf64} That's nice
[10:55] {jfjf64} What's the sayin vg
[10:55] {jfjf64} Some days statue
[10:56] {jfjf64} Some days bird
01[10:56] {@Threei}  some days pigeon
[10:56] {jfjf64} We all must thank nemo
01[10:56] {@Threei}  lol
[10:57] {jfjf64} Vxx?
[11:07] {jfjf64} .60 break Apple short
[11:09] {jfjf64} 1:1
[11:09] {jfjf64} 1:2
[11:09] {jfjf64} 1:3
[11:10] {jfjf64} 1:4
[11:10] {jfjf64} Out
01[11:11] {@Threei}  wtg
[11:11] {chasj} gj
[11:11] {jfjf64} Ty
01[11:12] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/836191003127083
[11:12] {jfjf64} Beauty
[11:12] {jfjf64} Lol
01[11:13] {@Threei}  :)
[11:13] {chasj} Fast camera
01[11:13] {@Threei}  scalper's reflexes :)
[11:14] {jfjf64} Now ya see it now ya dont
[11:15] {jfjf64} AAPL still dropin
[11:16] {jfjf64} .5
[11:16] {jfjf64} Long aapl
[11:17] {jfjf64} Tight stop
[11:17] {jfjf64} Stoped
[11:17] {jfjf64} Going to luncg
[11:25] {dino} out other half tnet .51, +1.71
01[11:26] {@Threei}  wow
[11:52] {dino} back in hour or so
01[11:59] {@Threei} Short Setup: FB  .35 break
01[12:00] {@Threei}  If holds  .45
01[12:03] {@Threei}  1:1
[12:16] {jfjf64} Swk hod break
01[12:17] {@Threei} Long Setup:  VXX  .75 break
01[12:17] {@Threei}  If holds  .65
[12:27] {chasj} VXX valid again?
01[12:30] {@Threei}  yes
[12:35] {chasj} in
[12:39] {jfjf64} Hlf hod break
01[12:52] {@Threei}  die SPY
01[12:53] {@Threei}  break down, and die
01[12:53] {@Threei}  crrrash
01[12:54] {@Threei}  and get crashisher
01[12:54] {@Threei}  then crashiest
01[12:54] {@Threei}  1:1  VXX
01[12:54] {@Threei}  somewhat nervous trade but finally worked
[12:57] {jfjf64} You nervous
[12:57] {jfjf64} Stop
01[12:59] {@Threei}  me?
[13:00] {jfjf64} Word not in vocabulary
[13:00] {jfjf64} Lol
01[13:00] {@Threei}  last time I felt nervous was when I mer my then-to-be-wife parents for the first time
01[13:01] {@Threei}  met
[13:01] {jfjf64} Exactly
01[13:01] {@Threei}  as soon as I realized they hated me passionately, I calmed down and that was that
[13:01] {jfjf64} I'm pissed hlf hod 2 time
[13:01] {jfjf64} Bam
[13:02] {jfjf64} Didn't take
[13:02] {jfjf64} I took 48 break
01[13:06] {@Threei}  1:2  VXX
[13:11] {chasj} Didn't manage VXX well got out too soon thought it was just a scalp
[13:11] {chasj} 1:1
01[13:12] {@Threei}  can't blame you on this one, really
01[13:12] {@Threei}  time of the day is more of scalping type
01[13:13] {@Threei}  and the trade gave some troubles before working
[13:13] {chasj} didn't think it would get close to HOD
01[13:45] {@Threei}  1:3
01[13:47] {@Threei}  tell you what... despite Putin, Greek gremlins and occasional earthquakes, life is good
01[13:47] {@Threei}  (GR) Reportedly some Greek banks facing restrictions on foreign exchange trading as some credit lines to Greek banks have been cut back in the last few weeks
[14:04] {nemo} hi folks
01[14:04] {@Threei}  hey nemo
[14:05] {nemo} sorry...taxi service today
01[14:07] {@Threei}  too bad, missed fantastic day
01[14:14] {@Threei}  1:4
01[14:14] {@Threei}  out
[14:16] {dino} gj
[14:31] {jfjf64} Nice vg
[14:31] {jfjf64} I go to lunch 1:4
[14:31] {jfjf64} Shit
[14:32] {jfjf64} Spy lod
[14:35] {dino} want 17698 to hold
[14:43] {jfjf64} Rare bounce here
[14:45] {jfjf64} Avg 64.05 ish
01[14:48] {@Threei} Long Setup:  MCD  .95 break
01[14:49] {@Threei}  If holds  .87
[14:49] {dino} btfd
06[14:53] * @Threei kicks MCD in the rear
[14:54] {jfjf64} Ya very violent today
[14:55] {jfjf64} Next stop 96.10
[14:58] {dino} spxl sm l .95
01[15:00] {@Threei}  1:1
01[15:02] {@Threei}  1:2
[15:02] {jfjf64} Weird candle
[15:06] {jfjf64} Next stop 96.38
[15:06] {jfjf64} I hope
[15:07] {jfjf64} Sgen runnin
[15:09] {chasj} 1:2
[15:10] {chasj} Bye all & ty Vad
[15:10] {chasj} see you tomorrow
01[15:15] {@Threei}  take sure chase
[15:15] {dino} spxl stopped .70 -.25
01[15:21] {@Threei}  1/3
[15:23] {dino} rinsed
[15:24] {jfjf64} 96.38
[15:24] {jfjf64} Me out ty
01[15:24] {@Threei}  1:4 bab
01[15:24] {@Threei}  baby
01[15:24] {@Threei}  out
[15:24] {dino} gj
[15:24] {jfjf64} Gj
[15:24] {jfjf64} See hangin with jf
[15:24] {jfjf64} Lol
[15:25] {jfjf64} Good day vg
[15:26] {jfjf64} My trader pivots good
[15:27] {jfjf64} Sgen break hod
[15:27] {jfjf64} 37:10
[15:28] {jfjf64} Boom
01[15:28] {@Threei}  :)
[15:29] {jfjf64} 89.48 wall
[15:30] {jfjf64} Wrong stock
[15:30] {jfjf64} 37:62
[15:33] {dino} sgen sm s .19
[15:37] {jfjf64} Lk to take mcd here
[15:37] {jfjf64} 96:38
[15:38] {jfjf64} Third time will break
[15:41] {jfjf64} Some line
[15:42] {jfjf64} Hod sgen
[15:42] {jfjf64} Careful dino
01[15:43] {@Threei}  OK guys, thank you all
01[15:43] {@Threei}  have a great evening
01[15:44] {@Threei}  see you tomorro
01[15:44] {@Threei}  w
[15:44] {jfjf64} Ty
[15:49] {jfjf64} You still short pal
[15:50] {dino} y
[15:50] {dino} .36 bs
[15:53] {jfjf64} Just got indicator lk short
[15:54] {jfjf64} I'm in also
[15:54] {dino} not much time

May 05 2105

Whole day of internet troubles... technology can be hell. Back and forth, ending on a negative side.



Session Time: Tue May 05 00:00:00 2015
03[08:49] * Retrieving #discussions modes...
[09:25] {drewj} morning all
01[09:26] {@Threei}  drew :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -EFOI +25% (earnings)
01[09:30] {@Threei}  -IM +16% (earnings)
01[09:30] {@Threei}  -CDTI +11.5% (Released preliminary engine and vehicle test results for its new synergized-platinum group metal diesel oxidation catalyst (DOC) technology)
01[09:30] {@Threei}  -BCO +7.8% (Starboard Value disclosed 8.2% stake)
01[09:30] {@Threei}  -ENLK +6.6% (earnings)
01[09:30] {@Threei}  -EL +4.7% (earnings)
01[09:30] {@Threei}  -JAH +3.8% (Ackman comments @ Ira Sohn)
01[09:30] {@Threei}  -THC +3.7% (earnings)
01[09:30] {@Threei}  -TSLA +3.2% (positive broker commentary)
01[09:30] {@Threei}  -IDTI +2.9% (earnings)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -ACRX -28% (earnings)
01[09:30] {@Threei}  -QLYS -23% (earnings)
01[09:30] {@Threei}  -RAIL -11% (earnings)
01[09:30] {@Threei}  -LUX -5.5% (earnings)
01[09:30] {@Threei}  -RGR -4.4% (earnings)
01[09:30] {@Threei}  -EMR -4.2% (earnings)
01[09:32] {@Threei} Long Setup:  VXX  .90 break
01[09:32] {@Threei}  If holds  .85
01[09:34] {@Threei} Short Setup: FB  .80 break
01[09:34] {@Threei}  .70
01[09:34] {@Threei}  If holds  .76
01[09:36] {@Threei}  meh
[09:36] {jfjf64} Twtr
[09:36] {jfjf64} S .20
01[09:37] {@Threei}  rinse FB
01[09:37] {@Threei}  SOMG
[09:37] {jfjf64} 1:1
[09:38] {jfjf64} Baba lod
[09:38] {jfjf64} Missed it
[09:38] {jfjf64} F.   K
01[09:40] {@Threei} Long Setup:  FB  .30 break
01[09:40] {@Threei}  If holds  .25
[09:41] {jfjf64} Yum .90 break  bounce
[09:41] {jfjf64} 90
01[09:42] {@Threei}  grrr
[09:42] {nemo} gap fill coming in FB
[09:42] {jfjf64} Baba I'm pissed
[09:42] {jfjf64} Wanted that
01[09:44] {@Threei}  3rd rinse
[09:45] {jfjf64} Yum yum yum
[09:48] {jfjf64} Out yum
01[09:49] {@Threei}  [TWTR] TWTR Hearing activist investor chatter - Speculation circulating that Icahn could get involved and try to push a merger with Google
[09:50] {jfjf64} Funny shit
[09:50] {jfjf64} He's a monster
[09:51] {dino} anip gap fill
[09:52] {jfjf64} Nsm bounce
[09:52] {jfjf64} Watchin
[09:52] {dino} anip sm l .05 wide
01[09:54] {@Threei} Long Setup:  TWTR  .20 break
01[09:54] {@Threei}  If holds  .10
01[09:55] {@Threei}  should I go back to bed?
[09:56] {dino} anip stopped
[09:58] {jfjf64} Nsm ready
01[10:00] {@Threei}  *(US) APR ISM NON-MANUFACTURING: 57.8 V 56.2E
01[10:01] {@Threei}  *(US) MAY IBD/TIPP ECONOMIC OPTIMISM: 49.7 V 50.0E
[10:04] {jfjf64} Nsm go baby
[10:04] {jfjf64} Bounce plays been good
01[10:05] {@Threei} Long Setup:  FB  .30 break
01[10:06] {@Threei}  1:1
01[10:06] {@Threei}  even blind squirrel...
[10:07] {nemo} short it here
[10:08] {dino} added anip calls
[10:09] {dino} momo drop
[10:11] {dino} gtim spike
[10:11] {drewj} which calls dino?
[10:12] {dino} jul 55
[10:13] {drewj} what price did you get them?
[10:14] {dino} 4.5
[10:15] {drewj} ty
[10:21] {jfjf64} Baba hit
01[10:22] {@Threei} Long Setup:  FCX  .35 break
01[10:22] {@Threei}  If holds  .29
[10:23] {dino} tdw spike
[10:25] {jfjf64} Baba break lod
01[10:25] {@Threei}  1:1
[10:26] {jfjf64} .76
[10:28] {jfjf64} Ip break lod .20
[10:30] {jfjf64} Baba lod
[10:31] {jfjf64} .76
[10:31] {jfjf64} Out ip
[10:34] {dino} anip sm l .22
[10:34] {jfjf64} Leaving lot on table today
[10:35] {jfjf64} Nice pullbk jpm
01[10:37] {@Threei} Long Setup:  MCD  .90 break
01[10:37] {@Threei}  If holds  .80
01[10:46] {@Threei}  1:1
01[10:46] {@Threei}  third acorn
[10:48] {jfjf64} Jpm 10 break
[10:49] {jfjf64} Half out
[10:50] {dino} anip wall at 55
[10:51] {jfjf64} 1/4 out
[10:51] {jfjf64} Stop .17
[10:51] {jfjf64} Hoping hod
[10:51] {jfjf64} Break
01[10:56] {@Threei} Long Setup:  AIG  .35 break
[10:59] {jfjf64} Stop up to .24 on jpm
[11:00] {jfjf64} Closed
01[11:00] {@Threei}  Invalidated
01[11:03] {@Threei} Long Setup:  VXX  .30 break
01[11:03] {@Threei}  If holds  .20
01[11:06] {@Threei}  1:1
[11:06] {dino} awe(waitforit)some, out anip 56.55, +2.33
[11:06] {jfjf64} Nice
01[11:07] {@Threei}  wtg
[11:07] {jfjf64} 2 days in row 2 plus
[11:07] {dino} lucky
01[11:07] {@Threei}  meanwhile I found 4th acorn
[11:07] {dino} should go to s3 57.40s
[11:10] {jfjf64} Gmlp bounce ready
[11:13] {dino} sre drop
[11:15] {jfjf64} Out gmlp
[11:18] {jfjf64} Bombs away
[11:19] {jfjf64} We going diwn
[11:19] {jfjf64} Imo
[11:20] {dino} 07 fast red
[11:29] {jfjf64} Wlk gettin hit
[11:32] {jfjf64} Scor got bounce alert
[11:33] {jfjf64} And wlk
01[11:33] {@Threei}  1:2
[11:41] {dino} wlk sm l .98
[11:43] {dino} jf thx, out wlk .28, +.30
01[11:50] {@Threei} Short Setup: AIG  58 break
01[12:08] {@Threei}  Invalidated
01[12:40] {@Threei} Long Setup:  VXX  .20 break
01[12:40] {@Threei}  If holds  .10
01[12:49] {@Threei}  questionable
01[12:49] {@Threei}  better scratch it
[12:50] {jfjf64} Getting long vltc
[12:50] {jfjf64} On this pullbk
[12:51] {jfjf64} Stop .42
[12:53] {jfjf64} 4 cent risk
01[12:54] {@Threei}  be back in 30
[12:55] {jfjf64} Thanks for warnin
[12:58] {jfjf64} Tasr 35 break
[12:58] {jfjf64} No it's lunch time
[13:00] {jfjf64} Vg Vxx workin
[13:01] {jfjf64} Let's go vltc
[13:07] {jfjf64} AAPL gonna fall outa bed
[13:08] {jfjf64} Me thinks
[13:08] {jfjf64} Bam
[13:09] {jfjf64} I'm going to lunch
[13:09] {jfjf64} Ok jf
[13:09] {jfjf64} Enjoy
[13:09] {jfjf64} Ty
[13:35] {dino} anip sm l .94
[13:35] {dino} nsm sm l .70
[13:38] {dino} wlk drop again
[13:47] {dino} out anip .68, +.74
01[13:48] {@Threei}  back
[13:48] {nemo} you left?
01[13:49] {@Threei}  not really, rather discally conservative
01[13:49] {@Threei}  f
[13:50] {nemo} socially alcoholic?
01[13:51] {@Threei}  socially awkward
01[14:00] {@Threei} Long Setup:  VXX  .35 break
01[14:00] {@Threei}  If holds  .25
01[14:10] {@Threei}  no go
[14:10] {nemo} a little early
01[14:20] {@Threei} Long Setup:  IWM  .60 break
[14:20] {dino} imh drop
01[14:20] {@Threei}  If holds  .50
01[14:21] {@Threei}  change to .50 break
01[14:21] {@Threei}  If holds  .40
[14:22] {dino} imh sm l .00
01[14:28] {@Threei}  I don't like today very much
[14:28] {nemo} trend day down...you were just a tad early on VXX
[14:41] {dino} nsm stop .40 -.30
01[14:45] {@Threei} Short Setup: MCD  .85 break
01[14:46] {@Threei}  If holds  .95
02[14:54] * Disconnected
Session Close: Tue May 05 14:54:15 2015

Session Start: Tue May 05 14:54:15 2015
Session Ident: #discussions
02[14:56] * Attempting to rejoin channel #discussions
03[14:56] * Rejoined channel #discussions
01[14:56] {Threei}  unstab;e connection
[14:57] {nemo} fits u perfectly
01[14:57] {Threei} Short Setup: ,CD  .95 break
01[14:57] {Threei}  MCD
01[14:57] {Threei}  If holds  96
[15:05] {jfjf64} Jbt Watchin bouncr
01[15:05] {Threei}  45% in Russia answered "yes" when asked whether Stalin's repressions can be justified
01[15:05] {Threei}  man... that's one brainwashed country
01[15:07] {Threei}  die MCD
[15:10] {nemo} don't think it goes anywhere, the strong trend today has had no effect on it
[15:11] {dino} out imh .40, +.40
01[15:12] {Threei}  nice
[15:12] {dino} ty
[15:13] {jfjf64} Jbt L . 50
01[15:14] {Threei}  meh
[15:26] {jfjf64} One mor try jbt .30 ish
02[15:27] * Disconnected
Session Close: Tue May 05 15:27:22 2015

Session Start: Tue May 05 15:27:22 2015
Session Ident: #discussions
02[15:29] * Attempting to rejoin channel #discussions
03[15:29] * Rejoined channel #discussions
01[15:29] {Threei} Long Setup:  IWM  .75 break
01[15:30] {Threei}  change to .70
01[15:38] {Threei}  1:1
01[15:38] {Threei}  squirell is back
[15:44] {dino} srpt jumpy
[15:44] {drewj} Good evening fellas...got to go get the kids
01[15:45] {Threei}  take care drew
01[15:47] {Threei}  ok guys, thank you
01[15:47] {Threei}  have a good evening, see you tomorrow for much better dasy
[15:48] {cosmo} daisy?
[15:48] {dino} wow qlys
02[15:52] * Disconnected
Session Close: Tue May 05 15:52:53 2015

May-June Market 2015 Outlook

TradeTheNews.com May-June 2015 Outlook: Win, Place, or Show

Many of our predictions from March came through as reliably as the Kentucky Derby favorite American Pharoah. As predicted, more central banks joined in on the rate cutting frenzy -- most notably the Bank of Korea executed a surprise 25 basis point rate cut in March, taking its key rate to a record low 1.75%. China's central bank offered up a cut in the reserve requirement ratio, and now there is even talk of Beijing style QE being considered.

The strong dollar had the expected effect on Q1 corporate results: many firms in Europe benefitted from currency tailwinds, while US firms that missed consensus numbers invariably complained about FX headwinds and large multinationals like IBM, P&G, and J&J each took more than a $1 billion revenue haircut in Q1. Energy companies made rapid cutbacks in capital expenditure forecasts and reduced their workforces in the face of lower energy prices. As expected, in April the US rig count reached a 50% drop from its peak level in just six months, and that has helped stabilize oil prices, though the extent of the energy rebound has been somewhat surprising. The sudden collapse in oil last year has continued to weigh on global inflation readings, while the expected economic benefits of cheaper energy have not yet passed through as of the lackluster first quarter.

Looking out to the next two months a variety of issues could come to the forefront, but only a handful could win, place, or show when it comes to their impact. The favorite topic of the handicappers is the timing of Fed rate liftoff and whether markets are psychologically ready to handle the move. Conversely, other central banks are whipping up more stimulus, and the latest conjecture is about China going all in. In Europe, the leading topics are whether Greece will be disqualified from the euro zone, and a contentious UK election at a time when that nation is questioning its role in the EU. Lastly, the Iran nuclear talks are headed into their final lap, with a binary outcome for energy markets and Middle East stability.

And They're Off!

Market participants have become obsessed with Fed monetary policy as it is about to diverge from the global norm of ever easier policy. While policy in Asia and Europe has just recently turned to additional extraordinary accommodation, the US central bank continues to signal that it will be tightening in the not too distant future. The question has become exactly when rate lift off will occur, but the Fed has not been obliging about an answer.

The Fed dropped its "patient" language at the March FOMC meeting and its final calendar reference to forward guidance in its April statement. At the same time it downgraded commentary on the current economic environment in both statements, though this was largely attributed to "transitory" factors. In their interstitial speeches both hawks and doves at the Fed seem to largely agree that the seasonal Q1 slowdown will pass and the data that policy is directed by will turn up again soon.

Economic reports in early May could start the countdown to race time. To confirm the transitory nature of the Q1 numbers, the nonfarm payrolls data on May 8 will need to show a strong rebound from the 14-month low registered in the March payrolls, which came in at only half the expected number. Upward revisions in the March figure could also be constructive. Most forecasters are also looking for another one-tenth drop in the unemployment rate to 5.4%, and even some Fed doves are forecasting the jobless rate will drop below 5% before the end of the year.

If the data don't support a rate hike in mid-June, Chair Yellen will explain why in great detail at her press conference. At that time we will also get a look at the Fed's updated economic forecasts and dot chart. If data stays tepid this spring, then the dot chart could show more Fed members defecting to a 2016 rate lift off scenario (as of the March rate path forecast, only two members want to hold off until next year).

The last two FOMC policy statements have also given a nod to the stronger dollar by noting weaker US exports. Though the standard central bank position is that foreign exchange rates do not determine monetary policy, it is clear that the level of the dollar will have a role to play in near term policy considerations. In the last year as the Europe and Japan have expanded their extraordinary stimulus programs, the greenback has appreciated by double digit percentages against the euro and yen, though it has reversed slightly in the last month on technical factors and some sluggish US data. If Q2 economic data in the US rebounds smartly (as the Fed seems to be expecting), and the pace of recovery in Japan and Europe stays glacial, then the dollar could be reinvigorated and see a new push toward parity with the euro and breaking out above 122 against the yen. Such moves would undoubted set off warning bells at central banks worried about the divergence in global monetary policies setting off an uncontrollable slide in some currencies.

PREDICTIONS: The Fed is on the verge of leaving the pack behind as it plots its course for rate lift off. Fed Fund futures put the odds of a June rate liftoff as very low, while the heaviest bets are on September for the first rate move. With the Fed now fully data dependent, however, if the economic readings don't cooperate, rate lift off could be pushed back even further. The wise men of the market don't really care what month the rate liftoff comes - data gurus have noted that in the year after a tightening cycle begins, on average shares rise in mid-single digits.

China: Another Late QE Entrant?

Within the last month, the PBoC became the latest bank to pile on new stimulus, cutting its reserve requirement ratio (RRR) by one percent. The cut signals some concern about the trajectory of the economy even after the official target GDP level was reduced earlier this year. After the cut, a senior PBoC official noted that the RRR is still relatively high and has room to go lower.

For the Chinese stock market, the timing of the new stimulus is interesting, coming at a time when the Shanghai composite is at a 7-year high. As part of an evenhanded approach toward keeping growth on track but avoiding bubbles, Chinese authorities have recently issued some common sense measures to temper stocks. These include a tougher stance on margin trading and measures to make it easier to short stocks which could help scrape off any froth.

The latest financial press reports say that the PBoC is 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. Beijing has already been trying to rein in the local government debt market by implementing more controls, without too much success. This latest effort, should it materialize, would seek to deflate ballooning debts at various levels of local government.

PREDICTIONS: China's leadership is nothing if not deliberate. If they are considering a QE program, which remains to be verified, it will likely take some time before it is fully formulated, so we are not likely to see anything on this front in the next two months. Officials will want to gauge how the most recent RRR cut is playing out in the economy, and they could use more concrete hints of QE to jawbone the markets.

Greece's Last Furlong

The government of Greek Prime Minister Tsipras is playing a dangerous game of brinkmanship. Greece keeps making hopeful noises that a deal with creditors is just around the bend, but in reality it seems as though talks will continue to drag on through May and perhaps into June. In the opening week of May, Athens will submit yet another list of potential reforms to its European partners, after the last several submissions were rejected for lack of detail and conviction. If the Greek scratch sheet is disappointing again, some press reports suggest that the nation's creditors could draft an ultimatum that sets June 30 as a final deadline for Greece.

The next hurdle for Greece is coming up fast: it has a €1.4 billion bill redemption coming due on May 8, and another €1.4 billion on May 15. Athens was able to make a large payment to creditors in April, but its reserves are dwindling, and in the absence of a new agreement with European partners, the government may soon have to decide between paying its debts and paying bureaucrats' salaries. Neither option is attractive: either technically default on debt (though ratings agencies seem willing to withhold the "default" appellation for a little while), or pay creditors and rile up the public by issuing IOUs to government employees.

There have been a few hopeful signs lately. For instance, the PM's move to swap out the sometime abrasive finance minister Varofakis with the deputy foreign minister, a staid economist, as the head of his bailout negotiating team, indicates that Tsipras may be ready to deal in realistic terms. Also an overture by Tsipras toward Russian President Putin only resulted in promises of joint energy projects but nothing to satisfy short term funding needs.

Speaking of Russia, its adventure in Ukraine continues to be a concern for the rest of Europe. Reports say that the Russians have been moving troops back toward the border in the biggest build up since its "military exercises" in the region last October. If the Minsk accord unravels and Russia commits more resources to destabilizing Ukraine, Europe has promised more sanctions, even though the existing sanctions regime against Moscow has resulted in significant trade losses for Western Europe, particularly Germany.

A setback in Greece or Ukraine could be enough of a short term shock to knock a slowly improving European economy off track. The euro zone has just moved out of a temporary bout of deflation in April, reporting the first no-negative CPI estimate in six months. Other recent data showed euro area lending rising for the 1st time in almost 3 years, showing QE may be having the desired impact on the credit market.

PREDICTIONS: The odds of a Grexit still seem small, if only for the concerns about such an outcome challenging the idea of the euro being irreversible. Tsipras has tried to leverage this fear to his advantage, but he has gained few concessions and appears to be slowly coming to the realization that a Grexit would be much worse for Greece than for Europe.

Run for the Roses

It's no War of the Roses, but the struggle for power UK elections this month could come down to a photo finish. The presumed favorite, the incumbent Conservative PM David Cameron, has not been able to pull away from the sometimes awkward Labour leader Ed Miliband, despite the ruling party being able to point to a demonstrable economic recovery underwayuntil recently.

After posting a better than expected 3% GDP growth in Q4, the UK preliminary Q1 reading of 2.4% was the slowest in two years and missed estimates by two-tenths of a percent. If that slower growth data persists in the second and final readings of Q1 GDP (due on the last trading days of May and June, respectively), it could put the brakes on any chance of the Bank of England following on the heels of Fed rate lift off this year. As it stands, only a small minority of the monetary policy committee sees a window for a BOE rate hike this year, but a strong upward revision in the Q1 data might help them make that case. Leading survey data has shown signs of accelerating manufacturing and service sector activity that could translate into upward revisions of GDP and a pick-up in inflation expectations, which would likely lead to a rise in the pound sterling.

Headed into the May 7 general elections, Labour and the Conservatives have been swapping the lead in daily polls, with each garnering numbers in the low 30's. For the markets, a Labour Party win would inevitably create more uncertainty than a status quo victory by the incumbent, and would be particular hard on the utility industry, which has become a lightning rod for complaints about the rising cost of living in the UK. Milibrand has pledged to cap utility prices and otherwise roll back energy market liberalization if elected.

Things could get complicated if neither of the two leading parties pulls away, because of a shortage of willing coalition partners. The Liberal Democrats are expected to lose seats in the parliament and may not be willing to return as the uneasy junior coalition partner of the current Conservative government. Meanwhile the Scottish National Party -- forecast to surpass the LDs and take the third largest number of seats in the House of Commons - could theoretically create a majority in the event of a Labour Party victory, but Scottish members of the Labour party would balk at the idea. Ultimately there may be a hung Parliament with a minority government, which could lead to a new election being called within the year.

PREDICTIONS: The UK election is coming down to the wire and seems likely to end a hung Parliament, but once the race is run, electioneering hype should die down for a while, and the focus of the markets will shift to BOE monetary policy.

Iran Dropping Out of the (Arms) Race?

Over the next two months senior diplomats hope to reach a conclusive agreement on monitoring Iran's nuclear program. The new deadline for a final deal is the end of June, though its unclear if the major powers will let that date slide again after the initial framework agreement took a few extra days beyond the March deadline to reach. If Tehran is truly serious about giving up its nuclear weapons ambitions and agrees to a transparent monitoring regime, Iranian oil could begin flowing at greater volumes into the global market. Industry experts say the process of ramping up Iranian oil deliveries could take over a year, however, so beyond the psychological impact, traders and other producers will have time to react to Iranian oil returning to an already saturated market. The EIA suggests Iran holds over 30 million barrels in storage and could increase crude production by at least 700 thousand bpd by the end of 2016.

A lot of things could still go wrong. Iran could refuse the terms of a final deal, or try to play for more time when the major powers' patience appears to have run out. The recent incident of Iranian patrol boats waylaying a cargo ship in the Strait of Hormuz reinforced the notion that an unplanned confrontation could unravel months of diplomacy. After the incident, the US navy said it would escort all US- and UK-flagged vessels through the Strait, a reasonable precaution but also creating a potential for friction with Iranian patrol boats, not to mention the Iranian naval forces hovering around Yemen where Tehran's proxy war with Saudi Arabia continues.

Tension between Saudi and Iran may be on display at the 167th ordinary OPEC meeting on June 5. The new Saudi king has stuck to his predecessor's policy of dropping the mantle of 'swing producer' for the global market. So far, he and his Gulf allies appear to be correct in their assertions that the market will correct itself as higher cost producers take unprofitable rigs offline. With WTI and Brent crude both more than 20% off of March lows and the Baker Hughes US rig count more than 50% off of its cycle high, that rig count will likely stabilize soon as shale producers conclude the culling of their least profitable wells.

PREDICTIONS: All year long, White House has been putting the odds of a successful negotiation with Iran at below 50/50, but sanctions have hurt Iran's economy enough that it appears to be ready to make a deal. Tehran is known for its gamesmanship and even if the nuclear accord gets done, it seems clear the issue will not go away for good especially with the Israeli government unconvinced.