Apr 13 2015

That says "good Monday morning" loudly. Hitting 1:10 as I post it.

(Chart's courtesy of a broker)


Session Time: Mon Apr 13 00:00:00 2015
[09:04] {dino} gm
01[09:04] {@Threei}  dino :)
[09:07] {drewj} Gm All
01[09:08] {@Threei}  drew :)
[09:19] {jfjf64} Mornin all
01[09:20] {@Threei}  jf :)
[09:20] {drewj} gm
01[09:20] {@Threei}  dptl said hello to everyone, should be back soon
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -BLDR +50% (acquiring ProBuild for $1.63B cash)
01[09:25] {@Threei}  -ABIO +30% (received FDA fast track designation for Gencaro Atrial Fibrillation Development)
01[09:25] {@Threei}  -ARWR +14% (cleared to proceed with mult dose Phase 2b study of ARC-520)
01[09:25] {@Threei}  -GBSN +8% (Q1 business update)
01[09:25] {@Threei}  -CLVS +8% (positive broker commentary)
01[09:25] {@Threei}  -P +7% (no news seen other than Spotify valuation)
01[09:25] {@Threei}  -QCOM +5% (collaborating with CERN to advance remote health monitoring)
01[09:25] {@Threei}  -DEPO +5% (enters Gralise ANDA litigation settlement confirming exclusivity to 2024 & dismissing appeal)
01[09:26] {@Threei}  -GOMO +4.4% (received non-binding going private proposal at $4.90/shr)
01[09:26] {@Threei}  -PIP +3.5% (received $5.8M payment from Biomedical Advanced Research & Development Authority)
01[09:26] {@Threei}  -SHLD +3% (formed real estate JV with SPG)
01[09:26] {@Threei}  -NFLX +3% (positive broker commentary)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -HIVE -13% (guides Q1 lower)
01[09:26] {@Threei}  -SINA -3% (company threatened by regulators that they may shut down its news site due to inadequacy)
01[09:29] {@Threei}  (RU) Russia lifts ban on sale of S-300 anti-aircraft missiles to Iran
01[09:31] {@Threei} Long Setup:  VXX  .85 break
01[09:31] {@Threei}  If holds  .80
01[09:32] {@Threei} Long Setup:  FB  .10 break
01[09:32] {@Threei}  If holds  82
01[09:33] {@Threei}  1:1  FB
01[09:34] {@Threei}  VXX valid
01[09:34] {@Threei}  1:2  FB
01[09:34] {@Threei}  1:3
01[09:34] {@Threei}  1:4
01[09:34] {@Threei}  out
[09:34] {dino} sold uri call from march, +2.63 / 89%
01[09:35] {@Threei}  wtg
[09:35] {dino} ty
[09:35] {jfjf64} Nice fb
01[09:37] {@Threei}  wow... 1:6
01[09:37] {@Threei}  7
01[09:37] {@Threei}  lol
[09:38] {dino} gj
01[09:38] {@Threei}  ty
[09:41] {jfjf64} Short here
[09:41] {jfjf64} Fb
[09:41] {jfjf64} Tight stop
[09:42] {jfjf64} For me
[09:42] {jfjf64} 83.00
01[09:44] {@Threei}  yup
01[09:44] {@Threei}  good setup if holds .10
[09:46] {jfjf64} Gets pass 90 we good
[09:46] {jfjf64} Watch dal
[09:48] {jfjf64} Die fb
01[09:49] {@Threei}  nah
[09:52] {jfjf64} Los
01[09:53] {@Threei} Long Setup:  MCD  .70 break
01[09:53] {@Threei}  If holds  .60
01[09:55] {@Threei}  valid
[09:57] {jfjf64} Lvs
01[10:03] {@Threei}  no go
[10:03] {dino} wuba drop
01[10:09] {@Threei} Long Setup:  VXX  .65 break
01[10:09] {@Threei}  If holds  .60
[10:20] {dino} wuba hl l ave .96
01[10:31] {@Threei}  BMY Ticking higher on vague takeover chatter circulating- Pfizer rumored as a potential acquirer
01[10:33] {@Threei} Short Setup: CAT  .30 break
01[10:33] {@Threei}  If holds  .40
01[10:36] {@Threei}  valid
[10:40] {jfjf64} Common vg bigMeow
01[10:41] {@Threei}  1:1  VXX
[10:44] {dino} stop wuba .72, -.24
[10:46] {dino} crs hl l .05
01[10:49] {@Threei}  1:1  CAT
[10:50] {jfjf64} Vwap .13 cat
01[10:51] {@Threei}  1:2  VXX
[10:54] {jfjf64} Ty vg
01[10:54] {@Threei}  yw
[10:54] {jfjf64} You had your vitamins today
[10:54] {jfjf64} ??
01[10:55] {@Threei}  diluted in single malt
[10:55] {jfjf64} Yes sir
[11:00] {dino} good boy
01[11:07] {@Threei}  CAT slides more
[11:15] {jfjf64} Big vol spy
[11:23] {drewj} This room is so quite now!
[11:23] {dino} out crs .28, +.23
[11:24] {dino} yes drew, we are down a bunch of members
[11:24] {drewj} OK
01[11:24] {@Threei}  I could sing but I am not sure you'd survive that experience
[11:24] {drewj} How have you been dino?
[11:24] {drewj} Do you remember me?  I was here
[11:24] {drewj} a while back.
[11:25] {drewj} I'm the fellow Pennsylvanian.
[11:25] {drewj} You could do that Vad.  I'd like to hear it at least once.
01[11:25] {@Threei}  be careful what you wish for...
[11:26] {drewj} :)
[11:26] {drewj} I'm scared to ask but where is Nemo?
01[11:26] {@Threei}  I am invited regularly to end the parties that went on longer than the host wanted
01[11:26] {@Threei}  I start singing... people start breaking down windows to get out of the zone of horror
[11:27] {drewj} I'll be sure to karaoke with you at least once.
[11:27] {jfjf64} Krft l 88.05
[11:27] {drewj} You mean thick Russian accecnts don't lend themselves to singing?
[11:27] {dino} yes, i remember, welcome back pa buddy
01[11:27] {@Threei}  no, accent is fine
[11:28] {dino} been very well drew
[11:28] {jfjf64} 1/1
[11:28] {drewj} Just the voice then?
01[11:28] {@Threei}  it's complete inability to sing in tune that does that to people
[11:28] {drewj} Good dino
[11:28] {drewj} Ha
01[11:29] {@Threei}  nemo's buried under family issues for a while; ese is tied with scheduling conflict till July 1
01[11:29] {@Threei}  1:3  VXX
[11:30] {drewj} You could give up photography and join a choir.
01[11:30] {@Threei}  and be jailed as a mass murderer?
[11:31] {drewj} :)
[11:32] {jfjf64} 1:2
[11:32] {jfjf64} Kraft
[11:32] {jfjf64} Out
01[11:33] {@Threei}  wtg
[11:33] {dino} gj
[11:33] {jfjf64} Gld
[11:33] {jfjf64} ??
[11:33] {dino} altr spike
[11:34] {jfjf64} Great chart altr
[11:34] {jfjf64} Wish I was in
[11:40] {dino} altr hl s .20
[11:41] {dino} cov altr .98, +.22
01[11:41] {@Threei}  1:4 VXX
01[11:41] {@Threei}  out
[11:41] {dino} gj
01[11:42] {@Threei}  ty
[11:43] {jfjf64} Nice
01[11:44] {@Threei}  Earnings season gets underway this week with quarterly reports from the big US banks. Shares of Goldman Sachs, JPMorgan, Morgan Stanley and Citigroup are leading indices higher this morning, with good gains ahead of reports in the coming days. With the bulk of the major regulatory settlements behind them, the economy brightening and interest rate hikes not too far off, this earnings season could be the beginning of a positive feedback loop for the financials.
01[11:44] {@Threei}  The dollar extended last week's rally this morning, with EUR/USD dipping briefly below 1.0550, approaching the mid-March 12-year low of 1.0462. At least some of the softness follows reports on Sunday that the EU has given Athens until April 20th to preset a new slate of reforms in order for the final €7.2 billion tranche of aid funds to be unlocked.
[11:45] {jfjf64} Aapl Bounce here
[11:46] {jfjf64} Stop old
[11:46] {jfjf64} Lod
[11:46] {jfjf64} .35
[11:48] {jfjf64} 1:1
[11:50] {jfjf64} Easy like Sunday mornin
[11:52] {jfjf64} Aapl doesn't like when I sign
01[12:08] {@Threei} Short Setup: ALTR  .90 break
01[12:09] {@Threei}  If holds  45
[12:11] {jfjf64} Still valid
01[12:11] {@Threei}  yes
01[12:11] {@Threei}  1:1
[12:12] {jfjf64} Mother f
[12:12] {jfjf64} I was typing missed
01[12:17] {@Threei}  1:2
01[12:22] {@Threei}  1:3
01[12:22] {@Threei}  out
[12:24] {jfjf64} Nice read
01[12:35] {@Threei} Long Setup:  IWM  .15 break
01[12:35] {@Threei}  If holds  .05
[12:36] {mib_n1semj} hi
03[12:36] * mib_n1semj is now known as Sentiment
01[12:37] {@Threei}  what was that, lol
01[12:58] {@Threei} Long Setup:  ALRT  .60 break
01[12:58] {@Threei}  If holds  .50
01[12:59] {@Threei}  change to .55
[13:00] {drewj} Break or stop
01[13:00] {@Threei}  break
01[13:01] {@Threei}  change to .50
01[13:01] {@Threei}  If holds  .40
01[13:05] {@Threei}  no go
[13:14] {drewj} Was that a double bottom play?
01[13:14] {@Threei}  (GR) Greece said to be considering possible debt default if talks with creditors fail - FT - Greece official indicates that if the bailout cash is not released there is no alternative but to default, though its unclear if that is just another negotiating tactic.'
[13:15] {dino} what else is new
[13:22] {dino} cuda drop
[13:42] {dino} cuda hl l .59
[13:42] {dino} wrong symbol, that was pfpt
[13:48] {dino} cuda hl l .63
01[14:00] {@Threei} Long Setup:  FB  .45 break
01[14:01] {@Threei}  If holds  .35
01[14:01] {@Threei}  *(US) MAR MONTHLY BUDGET STATEMENT: -$52.9B V -$43.4BE - Receipts: $234.2B v $215.9B y/y- Outlays: $287.1B v $252.7B y/y
01[14:02] {@Threei}  recepts rise by 20B... great. Until you see that outlays rise by 35
[14:02] {dino} out pfpt .95, +36
[14:02] {dino} .36
01[14:02] {@Threei}  wtg
[14:03] {dino} bset spike
[14:03] {dino} ty
01[14:03] {@Threei}  (GR) Greece official denies earlier reports that Greece is planning for default if creditor talks fall through
[14:06] {jfjf64} Lol
[14:06] {dino} oh course, they take the money first, then default
01[14:11] {@Threei}  stop to .39
[14:13] {dino} out cuda .98, +.35
[14:40] {jfjf64} Dal 10 break
[15:09] {jfjf64} All sleepin
01[15:09] {@Threei}  waking up to see what's out there
01[15:10] {@Threei}  watching FB for pullback entry
[15:11] {jfjf64} The pull i kid
01[15:13] {@Threei}  grrrr
01[15:14] {@Threei}  what pullback FB says
01[15:18] {@Threei}  drop more
01[15:18] {@Threei}  .15 at least
01[15:18] {@Threei}  .10 better yet
[15:18] {jfjf64} .10
[15:21] {jfjf64} Like vxx here
[15:21] {jfjf64} ??
01[15:21] {@Threei}  don't know yet but watching
[15:24] {drewj} Vad do you enter your stop price in the level 2 so you can quickly get out?
[15:25] {drewj} I've been getting out 2-3 cents to late.
[15:25] {drewj} It's killing my stats.
01[15:25] {@Threei}  if it moves closer to stop, I click on the exit price and hover over sell buttton
[15:26] {drewj} ok
01[15:26] {@Threei}  VXX got away too
01[15:27] {@Threei}  what the deuce
[15:40] {jfjf64} Good night boys
[15:40] {jfjf64} Ty
01[15:41] {@Threei}  take care jf
01[15:41] {@Threei}  I have to try FB here
01[15:41] {@Threei}  .40 break
[15:43] {drewj} So all your setups involve some form of breaking a resistance or support right?
[15:43] {jfjf64} I'm with ya
[15:44] {dino} gn all
[15:44] {drewj} Later dino
01[15:44] {@Threei}  bye dino
01[15:44] {@Threei}  as a trigger, yes
[15:44] {dino} ty, u2.
01[15:45] {@Threei}  nah, this one doesn't want to go anymore
01[15:45] {@Threei}  done for the day, thank you all
01[15:45] {@Threei}  see you tomorrow
[15:45] {drewj} I'm outta here too...take care guys.

Market Week Wrap-up

A Taoist Trader:it is available now for Kindle and other readers and devices. You will find it at

http://www.realitytrader.com/ttebook.html

That completes publishing this book in all popular formats. First Amazon reviews  and readers' feedback started trickling down, and they are very positive. Hope you find the book useful and enjoyable as well!

TradeTheNews.com Weekly Market Update: Irrational Exuberance Goes Global
Fri, 10 Apr 2015 16:12 PM EST

Global equities surged even higher this week, putting leading indices at or near all-time highs. The DAX closed out Friday at a fresh all-time high of 12,374. In Japan, the Nikkei briefly topped 20,000 for the first time in 15 years on several big corporate deals and hopes for more stimulus in China. The Hang Seng advanced to seven-year highs on record volumes as mainland investors bought their entire 10.5 billion yuan daily investment quota for Hong Kong stocks for two straight days. The dollar index had its best week in four years, aided by continued euro softness plus a dip in sterling as February UK industrial and construction data disappointed. The DJIA and S&P500 came close to their mid-March all-time highs, and for the week, the DJIA gained 1.6%, the S&P added 1.7% and the Nasdaq rose 2.2%.

The ECB's QE impact continued unabated, as equities surged higher, the euro remained weak and yields fell further. Euro zone sovereign yields fell to fresh record low levels on Thursday (thanks in part to relief Greece made its IMF debt payment after a few weeks of jitters): the French 10-year yield dropped to 0.43% and the German 10-year Bund declined to 0.15%, just a day after Switzerland auctioned 10-year bonds with a negative yield, the first time a government has done so in history.

The Fed minutes out on Wednesday unveiled a fractured FOMC. "Several" officials thought June would be the right time to raise rates, others thought it would be better to wait longer given the impact of the strong dollar and energy prices on inflation, and "a couple" thought the Fed might need to wait until 2016. In speeches, dovish Fed governor Kocherlakota remarked the Fed should defer the first interest rate hike to the second half of 2016, while Lockhart asserted rate hikes were still likely in the June-September period. Dudley said the timing of the first rate hike may be further off now due to recent weak economic data, but a June hike was still in play. More interestingly, Dudley also said that while he was unsure how financial markets would respond to rate hikes, the rate path would be shaped in part by the market's reaction.

The JOLTS and jobless claims data out this week partially dispelled the gloom from last Friday's big miss in the March payrolls. Fed's Dudley noted that he did not believe the March jobs data provided a very good read on the US labor market, given the weather impact. The February JOLTS job openings report - Fed Chair Yellen's favorite gauge of employment demand - was very strong, rising to its best level since 2001. Meanwhile, the four-week average of continuing jobless claims declined to their lowest level since mid-2000. Taken together, analysts say the data is only the latest sign the US is getting close to full employment.

Crude prices were fairly volatile this week as inventories and the Iran situation whipped the major front-month contracts around. WTI gained 8% in the first half of the week, peaking at $54, on a Genscape report that the weekly inventory reports would be unexpectedly low. This did not come to pass, with the API data showing its fourth straight build and the biggest gain in nearly two months at +12.2M bbls and the DoE report disclosing 13th straight build and the largest gain since 2001 at +11M bbls. WTI dropped back to $50, and Brent sank below $56 in tandem after the data. There was more choppiness in the second half of the week after the Iran leadership made some skeptical comments about the framework agreement reached with the western powers last week, and both Brent and WTI closed out the week only slightly higher.

Alcoa's first quarter report unofficially kicked off the March quarter earnings season. The aluminum manufacturer reported solid y/y growth in profits, but revenues came in just short of consensus, pushing shares lower. Drug store chains Rite Aid and Walgreen both widely beat earnings expectations. Rite Aid's initial FY guidance was subpar, sending shares down 6% on the week, while Walgreen was up as much on a solid FY forecast. Samsung Electronics's quarterly operating earnings fell 31% y/y, however the total was well ahead of expectations, raising hopes the firm may be emerging from its profit slump. Global preorders for the Apple Watch sold out fast on Friday, ahead of the start of in-store sales on April 24th.

Bed Bath & Beyond reported Q4 results below expectations and issued conservative guidance for Q1 and 2015, citing tough y/y comparisons as it will not repeat some one-time tax benefits enjoyed in 2014. Shares of Gap Inc. gapped lower on Friday after reporting March retail sales, capping off another lackluster month for US retailers. Gap's total same store sales were a little better than expected thanks to double digit growth at Old Navy, but the Gap Stores brand disappointed with same store sales down 7%. With the Gap sales data included, overall US same store sales were estimated to be up only 0.4% for March.

General Electric has decided it no longer needs a bank. In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a Systemically Important Financial Institution (SIFI). GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion. It also authorized a share repurchase program of up to $50 billion, funded by returning about $36 billion in cash it currently holds overseas, incurring a $6 billion tax bill on the cash repatriation. Approximately $16 billion of after-tax charges are expected to be recorded in the first quarter of 2015.

The worldwide volume of merger deals announced in 2015 topped $1 trillion this week, and the WSJ reported that if the current pace is sustained, volume for the full year would exceed $3.7 trillion, making it the second-biggest year in history after 2007. In the biggest energy deal in recent memory, Royal Dutch Shell agreed to buy Britain's BG Group in a $70 billion cash and stock. The combined group would have a market capitalization of about $240 billion, twice as big as BP, but still smaller than ExxonMobil. In other deals, FedEx reached a deal to buy Dutch firm TNT Express for $4.8 billion in cash, helping the delivery firm expand operations in Europe. PE firm Permira and the Canada Pension Plan have teamed up to acquire Informatica, an enterprise software company, for about $5.3 billion.

There had been talk for a few weeks that Intel was pursuing programmable logic device maker Altera, but Intel broke off negotiations after Altera was unwilling to take its offer, said to be around $54/share. Altera briefly cratered but shook off the losses on the prospect of it now being in play on the hopes that its upcoming earnings may justify rejecting the Intel offer. Mylan made a preliminary, non-binding proposal to acquire Perrigo for $205/share in cash and stock, valuing it at about $30B. There has been talk since last fall that Teva was interested in buying Mylan, and some reports suggested that Mylan's overture toward Perrigo was a defensive move. Shares of all three generic drug makers were significantly higher after the news.

China indices continued their string of weekly gains as both the Shanghai Composite and the Hang Seng closed at 7-year highs. Shanghai rallied 4.4%, topping the 4,000 level, while Hong Kong had its best week in years, rising nearly 8% to above the 27,000 mark. The strong performance of the Hang Seng was attributed to two consecutive days of investors utilizing the full uptake of the Shanghai-Hong Kong connect. Analysts noted the funds flowing into Hong Kong sought out the dually-listed H-shares offering a discount of over 20%, with the Hang Seng securities having underperformed the recent rally on the mainland index. China inflation data released later in the week was also steady, as CPI remained at 1.4% and the PPI decline stopped expanding for the first time in 8 months. The balance of March data are due next week, with some expectation of continued softness in trade data justifying ongoing PBoC support.

The week was also active for Asia-Pacific central banks, though there were hardly any surprises. The Bank of Japan maintained its annual rate of monetary base expansion at ¥80T, but also lowered its assessment of CPI to 0% from 0-0.5%. BOJ was also faced with a more pronounced dissent by board member Kiuchi who asked for a taper to ¥45T, defeating that call by "majority" which implies that he may have had some support. The Reserve Bank of Australia stood pat at 2.25%, but toned down its rhetoric for lower exchange rate to "further depreciation seems likely", which sent AUD/USD higher by over a cent above $0.77 level. The RBA also retained its focus on risks of inflation in the property market. The Bank of Korea left rates on hold at 1.75%, with one dissenter calling for a rate cut. The BOK also slashed its GDP forecasts by 0.3 percentage points each for 2015 and 2016, to 3.1% and 3.4%, respectively. Late in the week, Korean authorities were admonished by the US Treasury's semi-annual report on currency, which called for interventions to take place only in disorderly market cases.

Apr 10 2015

About flat day, as market lost drive and direction. Can't complain about the week though, as our string of winning days continues uninterrupted for at least two weeks.

Session Time: Fri Apr 10 00:00:00 2015
[09:16] {dino} gm
01[09:17] {@Threei}  dino :)
[09:17] {jfjf64} Morni
[09:17] {drewj} Gm
01[09:18] {@Threei}  jf, drew :)
01[09:18] {@Threei}  Upside:
01[09:18] {@Threei}  -QTM +20% (prelim earnings)
01[09:18] {@Threei}  -EXL +15% (being acquired by Blackstone for $15.85/shr)
01[09:18] {@Threei}  -VLTC +10% (no news seen)
01[09:18] {@Threei}  -CBMX +7% (announced NEJM supports importance of follow-up diagnostic testing following positive noninvasive prenatal screening)
01[09:18] {@Threei}  -GE +6.5% (confirmed selling GE Capital)
01[09:18] {@Threei}  -HZNP +4.3% (received FDA fast track designation for ACTIMMUNE)
01[09:18] {@Threei}  -GFI +4.2% (reportedly comes to agreement to increase average annual wages by 10% over 3 years)
01[09:18] {@Threei}  -RT +2.8% (earnings)
01[09:18] {@Threei}  -NFLX +2.7% (positive broker commentary)
01[09:18] {@Threei}  -TKMR +2.7% (FDA modified partial hold on RKM-Ebola IND)
01[09:18] {@Threei}  -CMG +2.5% (no news seen)
01[09:19] {@Threei}  Downside:
01[09:19] {@Threei}  -MDCO -6.4% (guided Q1 Rev lower)
01[09:19] {@Threei}  -ANGO -6% (re-entering embolization market; announced worldwide agreement with EmboMedics Inc)
01[09:19] {@Threei}  -CTXS -6% (reported prelim earnings)
01[09:19] {@Threei}  -FIS -3.5% (guided Q1 lower)
01[09:19] {@Threei}  -AZN -2.3% (FDA staff: there is data that shows higher risk of all cause mortality associated with Onglyza)
01[09:19] {@Threei}  -EXTR -25% (preliminary results)
[09:21] {dino} so imelt is dismantling all that jack built. so much for jack the genius. his ge capital just about killed the company
01[09:21] {@Threei}  yeah
01[09:21] {@Threei}  always hated that monster
[09:22] {dino} but what a waste of shareholder funds on a $50 billion buyback. these buybacks kill me. they decide to buy stock high and issue it low
[09:22] {dino} give the $$$4 to the shareholders
01[09:32] {@Threei} Short Setup: FB  .50 break
01[09:32] {@Threei}  If holds  .60
01[09:34] {@Threei}  1:1
01[09:34] {@Threei}  1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei}  yw
01[09:35] {@Threei}  closed in a trail
[09:36] {jfjf64} Me also
01[09:38] {@Threei} Long Setup:  IWM  .40 break
01[09:39] {@Threei}  If holds  .30
01[09:40] {@Threei}  1:1
01[09:41] {@Threei} Long Setup:  FB  .50 break
01[09:41] {@Threei}  If holds  .40
01[09:42] {@Threei}  .60 break sholuld send it to stratospere
01[09:43] {@Threei}  no go
01[09:44] {@Threei} Long Setup:  TWTR  52 break
01[09:44] {@Threei}  If holds  .90
01[09:45] {@Threei}  Invalidated
01[09:47] {@Threei} Long Setup:  TWTR  .90 break
01[09:47] {@Threei}  If holds  .80
01[09:48] {@Threei}  change to .85 break
01[09:49] {@Threei}  Invalidated
01[09:49] {@Threei} Long Setup:  EBAY  .30 break
01[09:49] {@Threei}  If holds  .20
[09:53] {dino} wba hl s .50
[09:57] {dino} cov wba ave .13, +37
01[09:57] {@Threei}  wtg
[09:57] {dino} ty, bstop slippage was at .09
[09:58] {jfjf64} Baba l .50
01[09:59] {@Threei}  no go
[10:01] {jfjf64} 1:2
01[10:03] {@Threei} Long Setup:  CAT  .20 break
01[10:03] {@Threei}  If holds  .10
01[10:09] {@Threei}  1:1
01[10:10] {@Threei}  CAT used to be much faster
01[10:10] {@Threei}  but whatever
01[10:24] {@Threei}  1/4 more out
[10:24] {dino} gj
01[10:24] {@Threei}  1:2
01[10:24] {@Threei}  ty
01[10:25] {@Threei}  1:3
[10:25] {jfjf64} Go pussy
01[10:25] {@Threei}  out
01[10:25] {@Threei}  lol jf
[10:34] {dino} ?jf?
01[10:35] {@Threei}  EBAY rinsed... somg
01[10:35] {@Threei}  jf talks to CAT, dino
[10:36] {dino} ahhh, didn't know where to go w/that
[10:37] {jfjf64} Ip
[10:37] {jfjf64} Takin stap short
[10:38] {dino} wow vxx, hmmm, expiratioon next week.
01[10:39] {@Threei}  so, if market continues eternal climb, does VXX goe negative?
[10:39] {cosmo} vxx might need a bail in
[10:40] {jfjf64} 1:1
[10:40] {jfjf64} 1:2
[10:41] {jfjf64} 1:3
[10:42] {jfjf64} 1:4
[10:43] {jfjf64} Holdin little piece stop.14
[10:44] {jfjf64} Out
01[10:44] {@Threei}  nice
[10:44] {jfjf64} It's the pussy talkin to me
[10:44] {jfjf64} Meow
[10:45] {dino} wtg
[10:46] {jfjf64} Medco
[10:46] {jfjf64} Mdco like base
[10:47] {jfjf64} .25
[10:48] {jfjf64} 12 strongsupport
[10:50] {dino} jf, you left too early yesterday, vad hit a nice one and i took .85 out of wba short
[10:53] {jfjf64} Laptop went dead that I use for room. WBA was very good to us yesterday     Vg loves doing that to me he looks straight hard for plays when I step out
01[10:53] {@Threei}  lol
[10:54] {jfjf64} Grap some mdco
[10:54] {jfjf64} IMO
[10:55] {jfjf64} Maybe little plunk
[10:55] {jfjf64} Pullbk
[10:56] {jfjf64} Think will bust  hod
01[10:56] {@Threei} Short Setup: DAL  .15 break
01[10:56] {@Threei}  If holds  .25
[11:14] {jfjf64} Have to run to doctors
[11:14] {jfjf64} 12 clock appt
[11:15] {jfjf64} My stop is 28.00 even on mdco
01[11:15] {@Threei}  leave the login to your trading account
01[11:15] {@Threei}  it'll be safe with us
[11:15] {jfjf64} K
01[11:16] {@Threei}  other than buying 1000 shares of GOOG, we won't do much
[11:19] {jfjf64} Missed alert on scanner ctrp at 10:31
01[11:20] {@Threei} Short Setup: ALTR  .50 break
01[11:20] {@Threei}  If holds  .60
[11:21] {jfjf64} Stopped mdco
[11:22] {jfjf64} Piece of shit
01[11:29] {@Threei}  die already DAL
01[12:25] {@Threei}  Preorder for the Apple Watch sold out quickly on day one of sales for Cupertino's new gadget. The first deliveries are expected on April 24th, the same day that sales begin at Apple Stores. Analysts are still somewhat skeptical of the watch, as many assume preorders were driven mainly by enthusiasts.
01[12:26] {@Threei}  no kidding... what a piece of crap
01[12:26] {@Threei}  In its most significant strategic move in years, GE is selling off the bulk of GE Capital, divesting itself of risk and financial oversight that comes with being a SIFI. GE will sell nearly all of its real estate portfolio to Blackstone Group and Wells Fargo for $26.5 billion.
01[13:18] {@Threei} Short Setup: MCD  .30 break
01[13:18] {@Threei}  If holds  .40
[13:34] {dino} 3i, what do you make of this market? continue up? 20k magnet?
01[13:34] {@Threei}  certainly feels this way
01[13:35] {@Threei}  what I see everywhere is what I saw for a few years already:
01[13:35] {@Threei}  everyone expects a reversal and rop,
[13:35] {dino} all i can guess is that w/zirp here, europe, and china easing, don't fight it
01[13:35] {@Threei}  everyone forecasts it,
01[13:35] {@Threei}  yet market holds, climbs...
01[13:35] {@Threei}  that's not a reversal scenario
01[13:36] {@Threei}  that's sodomizing bears again and again scenario
[13:36] {dino} bohica huh
01[13:36] {@Threei}  yeah
[13:54] {jfjf64} What happening boys
[13:57] {dino} nada
01[13:58] {@Threei}  not much jf
01[13:58] {@Threei}  this time you got lucky :)
[13:58] {jfjf64} Lol
01[13:58] {@Threei}  we are in MCD short
01[13:58] {@Threei}  but it doesn't do much
[13:59] {dino} debating whether or not to get rid of my uri calls, but chart looks good
[13:59] {jfjf64} Vltc
[14:00] {jfjf64} .20
[14:02] {jfjf64} You bought today
[14:11] {dino} no 3/27
01[14:13] {@Threei} Short Setup: ALTR  44 break
01[14:14] {@Threei}  If holds  .10
01[14:14] {@Threei}  Invalidated
01[14:18] {@Threei}  valid again
[14:20] {jfjf64} Like10 break
[14:46] {dino} calling it a week. slow today, but overall a good week
01[14:47] {@Threei}  good one here too
01[14:47] {@Threei}  today is questionable though
[14:48] {jfjf64} Have good weekend Dino
[14:56] {jfjf64} Wow cat
01[15:03] {@Threei} Long Setup:  DAL  .25 break
01[15:03] {@Threei}  If holds  .15
[15:32] {drewj} Ok Vad....I've got to go.
01[15:33] {@Threei}  see you monday
[15:33] {drewj} Thanks for everything.
01[15:33] {@Threei}  have a great weekend
[15:33] {drewj} Sounds good.  Have a good weekend.
[15:33] {jfjf64} Ty

Apr 09 2015

Solid day, not as spectacular as yesterday but still very worth waking up for. MCD was unlikely hero of the day, giving us a few nice winning trades in both direction.

Before you move to the trading log, this bit of news about A Taoist Trader: it is available now for Kindle and other readers and devices. You will find it at

http://www.realitytrader.com/ttebook.html

That completes publishing this book in all popular formats. First Amazon reviews  and readers' feedback started trickling down, and they are very positive. Hope you find the book useful and enjoyable as well!

Session Time: Thu Apr 09 00:00:00 2015
01[09:05] {@Threei}  drew, see pm
[09:20] {dino} gm
01[09:21] {@Threei}  dino :)
01[09:24] {@Threei}  - Greece confirms installment payment of €450M IMF Loan
01[09:24] {@Threei}  - USD continued to build on gains after Fed minutes perceived as somewhat hawkish with several members expressed support for rate liftoff in June.
[09:26] {jfjf64} Mornin all
01[09:27] {@Threei}  jf :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -NVGN +42% (positive data showing Anisina as potential new weapon against melanoma)
01[09:27] {@Threei}  -FRED +17% (March SSS)
01[09:27] {@Threei}  -EXEL +14% (FDA gave fast track designation for Cabozantinib)
01[09:27] {@Threei}  -SHI +13% (guided Q1 Net profit higher)
01[09:27] {@Threei}  -INO +8.5% (HPY immunotherapy activates robust in vivo T Cell Responses in Head & Neck cancer patients)
01[09:27] {@Threei}  -APOG +7.4% (earnings)
01[09:27] {@Threei}  -BIOS +7% (no news seen beyond being initiated Buy by a broker premarket)
01[09:27] {@Threei}  -DGLY +6% (momentum from SC shooting & subsequent comments from Mayor insisting police will be provided body cameras)
01[09:27] {@Threei}  -INFN +5.5% (made offer for TRMO.SE)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -ALTR -12% (INTC dropped takeover offer)
01[09:27] {@Threei}  -ZNGA -11% (CEO Mattrick departing; Pincus returning as CEO)
01[09:27] {@Threei}  -MEMP -5.3% (offering & price increase of 4.5M share offering)
01[09:27] {@Threei}  -BBRY -3.3% (earnings)
01[09:27] {@Threei}  -RDS.B -3% (negative broker commentary)
01[09:27] {@Threei}  -GPT -2.3% (offering price increased to $27.75/shr)
01[09:27] {@Threei}  -AA -2.5% (earnings)
01[09:27] {@Threei}  -INTC -2.5% (dropped offer for ALTR)
01[09:31] {@Threei} Long Setup:  FB  .70 break
01[09:31] {@Threei}  If holds  .60
01[09:32] {@Threei}  change to .60 break
01[09:32] {@Threei}  If holds  .50
01[09:33] {@Threei}  valid
[09:33] {jfjf64} Us
[09:34] {jfjf64} Ua
[09:34] {jfjf64} Bought 83.17
01[09:35] {@Threei}  Invalidated
01[09:36] {@Threei}  watching DAL for pullback entry
01[09:37] {@Threei} Long Setup:  DAL  .70 break
01[09:37] {@Threei}  If holds  .60
01[09:38] {@Threei}  change to .50 break
01[09:38] {@Threei}  If holds  .40
01[09:41] {@Threei}  no go
01[09:42] {@Threei}  closing gap
01[09:42] {@Threei}  should be close to reversal
01[09:42] {@Threei} Long Setup:  DAL  .40 break
01[09:42] {@Threei}  If holds  .30
01[09:44] {@Threei}  Invalidated
01[09:45] {@Threei} Long Setup:  IWM  .50 break
01[09:45] {@Threei}  If holds  .40
[09:47] {dino} ca hl l .00
[09:49] {dino} stop is lod brk
01[09:49] {@Threei}  Invalidated
01[09:50] {@Threei} Long Setup:  TWTR  .40 break
01[09:50] {@Threei}  If holds  .30
01[09:51] {@Threei}  change to .30 break
[09:51] {dino} ca stopped
01[09:51] {@Threei}  If holds  .20
01[09:51] {@Threei}  1:1
01[09:53] {@Threei}  1:2
[09:59] {dino} gj
01[10:00] {@Threei}  (US) FEB WHOLESALE INVENTORIES M/M: 0.3% V 0.2%E; WHOLESALE TRADE SALES M/M: -0.2% V 0.3%E -
01[10:00] {@Threei}  ty
01[10:00] {@Threei}  kind of hectic morning, not many plays shaped up
[10:02] {dino} same here
[10:02] {dino} not seeing anythin
[10:02] {dino} g
01[10:03] {@Threei} Long Setup:  DAL  43 break
01[10:04] {@Threei}  If holds  .90
01[10:04] {@Threei}  let's see it it's a double bottom
01[10:05] {@Threei}  change to .90 break
[10:06] {dino} whippy
01[10:06] {@Threei}  interesting drops SPY
01[10:07] {@Threei} Short Setup: TWTR  .40 break
01[10:07] {@Threei}  If holds  .50
01[10:07] {@Threei}  DAL stop to .84
01[10:08] {@Threei}  1:1  DAL
01[10:08] {@Threei}  TWTR stop to .46
01[10:09] {@Threei}  want to play it all safe
01[10:10] {@Threei}  1:1  TWTR
01[10:10] {@Threei}  1:2
01[10:10] {@Threei}  1:3
01[10:10] {@Threei}  out
01[10:10] {@Threei}  DAL stop is ,89 of course
01[10:11] {@Threei}  OK, things look nicer and nicer
01[10:11] {@Threei}  morning starts looking like worth waking up for
01[10:11] {@Threei}  that was perfect rug pull from under TWTR
[10:14] {dino} gut says, if not down soon, up we go
01[10:14] {@Threei}  mine says the same
01[10:14] {@Threei}  did they drink together or what
[10:15] {jfjf64} Dal holdin
[10:15] {jfjf64} .10
01[10:16] {@Threei}  so far so good
[10:16] {jfjf64} Will go
01[10:16] {@Threei}  if market finds balls and recovers, DAL has abother 30 cents in it easily
01[10:16] {@Threei}  maybe more
[10:17] {dino} jf, you seeing anything?
[10:18] {jfjf64} To glued to dal
[10:19] {jfjf64} Go dal
01[10:19] {@Threei}  DAL: I don't go. I fly
01[10:25] {@Threei}  or crawl
[10:26] {jfjf64} Myl Dino
01[10:26] {@Threei} Long Setup:  TWTR  .25 break
01[10:26] {@Threei}  too fast...
01[10:27] {@Threei}  ok valid again
01[10:27] {@Threei}  If holds  .15
01[10:28] {@Threei}  closed DAL
01[10:29] {@Threei}  1:1
[10:35] {dino} lower high maybe
[10:35] {jfjf64} Msm Dino
[10:36] {dino} myl hl s .72
01[10:36] {@Threei} Long Setup:  MCD  .65 break
01[10:36] {@Threei}  If holds  .55
01[10:36] {@Threei}  Invalidated
[10:37] {dino} msm sm l .02
[10:37] {jfjf64} 65 here
[10:38] {jfjf64} 69.00
[10:38] {jfjf64} Wish .65
[10:42] {dino} msm stop .68 -.34
01[10:43] {@Threei} Long Setup:  VXX  24 break
01[10:43] {@Threei}  If holds  .90
[10:43] {dino} cov myl .42, +.30
01[10:45] {@Threei}  let's see some panic since we couldn't find legs for a rally
[10:46] {jfjf64} Yes sir
[10:46] {dino} sdow l .45
01[10:47] {@Threei}  1:1
[10:48] {jfjf64} Die
[10:49] {jfjf64} 200 holdin us
[10:50] {jfjf64} Die bastards
[11:01] {jfjf64} Grub
01[11:11] {@Threei} Short Setup: MCD  .50 break
01[11:11] {@Threei}  If holds  .60
01[11:19] {@Threei}  die, you server of bad burgers
[11:19] {dino} lol
01[11:20] {@Threei}  1:1
01[11:21] {@Threei}  1:2
[11:23] {cosmo} I once heard that one of those burgers placed properly inside your catcher’s mitt will take the sting out of any fastball.
[11:24] {jfjf64} One more dive
01[11:25] {@Threei}  but imagine the stings from all the wasps it attracts
[11:26] {cosmo} nope...wasps know better
01[11:26] {@Threei}  lol
01[11:26] {@Threei}  good point actually
01[11:26] {@Threei}  1:3
01[11:27] {@Threei}  ok, alternative scenario: wasps are attracted by the scent, but when they actually try it they are disappointedm angry and take it out on you
[11:28] {cosmo} hold the fries and that wont be a problem
[11:28] {jfjf64} Ty mcd
01[11:29] {@Threei}  :)
[11:34] {dino} sdow3 stop flat
[11:39] {dino} rti l .29
[11:51] {jfjf64} Fb 10 break ?
01[11:58] {@Threei}  I like
01[11:58] {@Threei}  (when I am awake)
[12:05] {dino} out rti ave .56, +.27. puts me back in black today
01[12:06] {@Threei}  wtg
[12:06] {dino} opps, +.26
01[12:06] {@Threei}  1:1  FB
01[12:06] {@Threei}  oh, that changes everything
[12:06] {dino} by $10
[12:08] {dino} taking 90 minute break, have to move $$ around for foreclosure bid/proof of funds
01[12:18] {@Threei}  Decent German economic data and Greece making its much-anticipated IMF debt payment earlier today helped European indices gain more than 1.0% a piece in today's session, while Japan and Hong Kong indices closed at multi-year highs.
01[12:19] {@Threei}  Crude prices saw a brief move higher during the European session as Iran Supreme Leader Khamenei responded to the terms of the nuclear deal with the P5+1 powers for the first time. Khamenei neither endorsed nor condemned the deal as structured, however he reiterated his stance that sanctions must be lifted all at once on the same day the deal is signed, clashing with western demands that sanctions are only withdrawn after compliance verification.
01[12:19] {@Threei}  Iran President Rouhani endorsed Khamenei's position. WTI is back around $50.70 and Brent is around $56.80 as of writing.
01[12:30] {@Threei}  1:2
01[12:46] {@Threei}  forgot to post... FB touched 1:3
[12:48] {jfjf64} Don't worry bout it pal
01[12:49] {@Threei}  ty, I won't
01[12:50] {@Threei}  I was too distracted by the vision of dino shuffling money around
01[12:50] {@Threei}  taking piles from left drwaer, moving it to the right one
[12:50] {jfjf64} Lol
01[12:51] {@Threei}  also, in my mind he was a female, blond, and did it in slo mo, while rain was falling dpwn on him (her) and money
01[12:52] {@Threei}  now you can see why I was distracted
[13:07] {jfjf64} Tlt bounce here
[13:36] {jfjf64} Forgot to post tlt 1:3 and moving
01[13:37] {@Threei}  wtg
[13:37] {jfjf64} Lol
[13:37] {jfjf64} Didn't play it
[13:37] {dino} .
[13:38] {dino} bita all over the tape today
[13:39] {jfjf64} Fb bounce here
[13:42] {jfjf64} I'm in 86
[13:44] {jfjf64} Altr ton call buying
[13:45] {jfjf64} 1:1
[13:46] {jfjf64} Ua like for run up
[13:57] {dino} myl hl s .75
01[14:02] {@Threei} Short Setup: FB  .80 break
01[14:09] {@Threei}  ok FB
01[14:10] {@Threei}  let's roll over and die
[14:12] {jfjf64} Wants low
01[14:13] {@Threei}  and we are in full agreement... we want the same
[14:20] {dino} myl stop -.26
[14:23] {dino} rinsed
01[14:36] {@Threei}  no go
[15:03] {dino} wba spike
[15:03] {dino} sm s .77
[15:04] {dino} stopped -.45
[15:05] {dino} reload s .25
01[15:05] {@Threei} Long Setup:  MCD  .35 break
01[15:05] {@Threei}  .c .25
01[15:05] {@Threei}  If holds  .25
01[15:12] {@Threei}  1:1
01[15:13] {@Threei}  1:2
01[15:13] {@Threei}  good girl
01[15:13] {@Threei}  even though burgers are horrible
01[15:13] {@Threei}  jf be crying
[15:13] {dino} gj
[15:13] {drewj} I like the burgers
01[15:13] {@Threei}  ty
01[15:18] {@Threei}  we won't hold it against you, drew... after all, nobody's perfect
[15:18] {drewj} Thanks
[15:18] {dino} hate to say it, but i like the quarter pounder w/cheese
[15:19] {drewj} Exactly...
01[15:19] {@Threei}  as we found out todaym dino is female blond who likes to move money from one drwaer to another in a wet t-shirt
[15:19] {dino} wba cover .40, +.85
01[15:19] {@Threei}  after this, it's difficult to hold anything against anyone
01[15:19] {@Threei}  wtg
[15:20] {dino} if i was a female blonde in wet t-shirt, everybody here would want to hold against me.
01[15:21] {@Threei}  hmmm... I guess
01[15:21] {@Threei}  piles of money in the drawers would hurt either
01[15:35] {@Threei} Long Setup:  VXX  .40 break
01[15:36] {@Threei}  If holds  .30
01[15:44] {@Threei}  Invalidated
01[15:44] {@Threei}  and no time left for more
01[15:44] {@Threei}  decent day
01[15:44] {@Threei}  thank you all, have a good evening
01[15:44] {@Threei}  see you tomorrow
[15:53] {dino} gn all

Apr 08 2015

Another very nice day, with strong trades. We have nicely adjusted to this market, quite steady gains day after day

Session Time: Wed Apr 08 00:00:00 2015
[09:01] {dino} gm
01[09:01] {@Threei}  dino :)
[09:11] {dino} wow cbmg -17 pts in two days
01[09:12] {@Threei}  [CBMG] Announces Closing of $19.6M Private Placement Offering Announced the closing of a private placement transaction under which it sold an aggregate of 515,789 shares (the "Shares") of the Company's common stock, par value $0.001 per share (the "Common Stock"), to selected private investors (the "Investors") at $38.00 per share, for total gross proceeds of approximately $19.6 Million.
[09:19] {dino} wow at 38, its now 21
01[09:20] {@Threei}  those "selected private investors" must be not very happy eh?
[09:21] {dino} bohica'd
[09:25] {dino} cbmg fraud charges
[09:25] {dino} by class action atty
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -YZC +22% (updated Shanghai CIFCO capital contribution)
01[09:29] {@Threei}  -EYES +19% (announced first successful implant of model of Orion I Visual Cortical Prosthesis)
01[09:29] {@Threei}  -ZEP +18% (being acquired by New Mountain Capital for $20.05/shr)
01[09:29] {@Threei}  -INO +5.5% (selected by DARPA to lead a $45M program to expedite development of novel products)
01[09:29] {@Threei}  -RGLS +5% (RG-125 selected by AZN for treatment of NASH in Type 2 Diabetes)
01[09:29] {@Threei}  -SIMO +4.5% (slightly improved Q1 guidance)
01[09:29] {@Threei}  -BP +3.4% (momentum from RDS.A/BG.UK deal)
01[09:29] {@Threei}  -HLT +3.3% (block shares lots trade at $29.65/shr)
01[09:29] {@Threei}  -TSLA +3% (reportedly planning upgrade to Model S)
01[09:29] {@Threei}  -LULU +2.4% (positive broker commentary)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -LBIO -7% (data from clinical study of HPV-TIL treated patients published in Journal)
01[09:29] {@Threei}  -LGF -6.6% (priced 10M shares at $32/shr)
01[09:29] {@Threei}  -CPTA -6% (priced 3.5M share offering at $18.32)
01[09:29] {@Threei}  -PNR -4.5% (guided Q1 lower; negative broker commentary)
01[09:29] {@Threei}  -RDS.A -2.2% (offer to acquire BG.UK)
01[09:30] {@Threei} Long Setup:  FB  .60 break
01[09:31] {@Threei}  1:1
01[09:32] {@Threei}  1:2
01[09:32] {@Threei}  1:3
01[09:32] {@Threei}  out
01[09:33] {@Threei} Long Setup:  HLF  .20 break hl
[09:33] {dino} gj
01[09:33] {@Threei}  ty
01[09:34] {@Threei}  If holds  .05
01[09:36] {@Threei}  jf will be sorry he slept in
01[09:36] {@Threei}  1:1
[09:36] {jfjf64} Here
[09:36] {jfjf64} What ya in
01[09:36] {@Threei}  1:3 on FB and in HLF
[09:43] {dino} flml hl l .05
01[09:45] {@Threei} Long Setup:  HLF  .55 break hl
01[09:45] {@Threei}  If holds  .45
01[09:45] {@Threei}  Invalidated
[09:46] {dino} gpn spike
01[09:49] {@Threei}  HLF got away
[09:50] {jfjf64} Armh
[09:52] {dino} \flml stop .72 -.33
01[09:52] {@Threei} Short Setup: MCD  97 break
01[09:54] {@Threei}  If holds  .10
[09:54] {dino} flml hl l .50
01[09:55] {@Threei}  no go
01[10:00] {@Threei} Long Setup:  IWM  .20 break
01[10:01] {@Threei}  If holds  .10
01[10:07] {@Threei} Long Setup:  IWM  .10 break
01[10:08] {@Threei}  If holds  125
01[10:08] {@Threei}  1:1
[10:12] {jfjf64} Little more action today
[10:12] {jfjf64} Vol must be up
[10:17] {jfjf64} Ooh
[10:17] {jfjf64} Oih
[10:22] {dino} ohh
01[10:29] {@Threei}  IWM again
01[10:29] {@Threei}  same setup
01[10:31] {@Threei}  Invalidated
[10:32] {jfjf64} USO big push
01[10:41] {@Threei}  wow
01[10:42] {@Threei}  what killed the market
01[10:42] {@Threei}  USO, big inventory build-up, that's a given
01[10:43] {@Threei} Long Setup:  P  .85 break
01[10:43] {@Threei}  If holds  .75
01[10:49] {@Threei}  1:1
01[10:56] {@Threei}  1:2
[10:58] {jfjf64} Nice vol
01[11:09] {@Threei}  1:3
01[11:09] {@Threei}  out
[11:10] {dino} gj
[11:11] {dino} reload flml .50 long
01[11:12] {@Threei}  ty
[11:17] {jfjf64} Ty
01[11:17] {@Threei}  :)
[11:18] {jfjf64} Grinding it out sir
01[11:18] {@Threei}  pretty good so far
01[11:19] {@Threei}  finished yesterday with 1:3er, after you left... :)
[11:19] {jfjf64} I saw mcd
[11:19] {jfjf64} Mkt help
[11:19] {jfjf64} Lol
01[11:19] {@Threei}  yup... nice and smooth
[11:20] {jfjf64} Keep doing whatever you do
01[11:21] {@Threei}  drinking and chasing skirts?? gladly
[11:21] {jfjf64} Man after my own heart
[11:24] {dino} jf, add my +.20 on sdow fl, right after you left. your drinking habit is costing you $$$
[11:25] {jfjf64} Lol
[11:27] {jfjf64} Wow CNN they show video of cop shooting
[11:36] {jfjf64} Like twtr here if spy helps
[11:44] {jfjf64} 1:1
01[11:45] {@Threei}  wtg
[11:47] {jfjf64} 1:2
[11:49] {jfjf64} Wants .90
[11:52] {dino} gj
[11:53] {jfjf64} Out
[11:57] {dino} out flml .75, +.25
[12:01] {jfjf64} Twtr
[12:01] {jfjf64} 1:5
[12:01] {jfjf64} M fer
[12:02] {jfjf64} Nice Dino
[12:02] {dino} ty
[12:02] {dino} kind of strange, its just a sr vp that left company
[12:04] {jfjf64} Fed meeting 2 pm ??
[12:07] {jfjf64} Within yy
[12:08] {jfjf64} Not no more
[12:11] {jfjf64} Vxx
[12:11] {jfjf64} Vg
[12:11] {jfjf64} ?
01[12:11] {@Threei}  not sure
[12:15] {jfjf64} Myl
[12:16] {jfjf64} .70
[12:16] {jfjf64} Invalid
[12:16] {jfjf64} Machine
[12:22] {dino} you know, a year or two back, the bidder/acquirer stock usually went down. this is nuts. myl
01[12:26] {@Threei}  there are always some details we the people don't know
[12:26] {dino} flml l .49
[12:30] {jfjf64} USO gettin hit
[12:33] {jfjf64} Fb .20 break
[12:35] {jfjf64} 5 cent loss
[12:37] {jfjf64} 2 dollar move to down Myles
[12:37] {jfjf64} Myl
[12:38] {jfjf64} Going to make sandwich
01[12:39] {@Threei}  I'll have one too pls
[12:40] {jfjf64} No prob
[12:41] {jfjf64} Turkeer on toast with mayo and garlic pickle sliced on it
[12:42] {jfjf64} 67 was bounce on myl
[12:42] {jfjf64} Oh we'll
[13:07] {dino} tight range day
01[13:30] {@Threei} Long Setup:  VXX  .20 break
01[13:30] {@Threei}  If holds  .15
[13:30] {dino} out flml .80, +.31
[13:31] {dino} slow day but pretty profittable
01[13:31] {@Threei}  same here, day after day
[13:31] {jfjf64} Yes
[13:32] {jfjf64} 2pm fed meeting?
[13:32] {dino} 12 days up in row, if i counting closed options trades
[13:32] {jfjf64} That's great 2 days here
[13:33] {jfjf64} Today 3
01[13:34] {@Threei}  it's not a meeting jf
01[13:34] {@Threei}  minutes from last one
01[13:34] {@Threei}  The minutes from March 17-18 FOMC meeting out later today will be scrutinized for more hints about the Fed's thinking on rate hikes.
[13:35] {jfjf64} Fb got look
[13:35] {dino} average over 12 days is 27% lower than desired daily goal though. slow afternoons limiting me
[13:36] {jfjf64} Valid vxx
01[13:38] {@Threei}  yesa
[13:39] {jfjf64} Yeas
01[13:46] {@Threei}  nah
01[13:53] {@Threei} Long Setup:  FB  .20 break
01[13:53] {@Threei}  If holds  .10
01[14:00] {@Threei}  ugh
01[14:01] {@Threei}  *(US) FED MINUTES FROM MARCH 17-18 FOMC MEETING: SEVERAL MEMBERS FEEL FIRST RATE RISE IN JUNE; EXPECT GRADUAL PACE OF NORMALIZATION WHEN RATES RISE
01[14:09] {@Threei} Long Setup:  VXX  .25 break
01[14:09] {@Threei}  panic comes it seems
01[14:09] {@Threei}  1:1
[14:13] {dino} panic, lol
01[14:14] {@Threei}  it was
01[14:14] {@Threei}  then it changed
01[14:14] {@Threei}  65 cents SPY drop in minutes
[14:14] {dino} forgot to buy vxx minutes before announcement
01[14:16] {@Threei} Long Setup:  VXX  .15 break
01[14:16] {@Threei}  If holds  .10
01[14:17] {@Threei}  Invalidated
[14:17] {jfjf64} Cult pop
[14:18] {jfjf64} Cvlt
[14:20] {dino} cvlt hl s .11 ave
[14:22] {dino} cov cvlt .71, +.40
[14:22] {jfjf64} Nice
[14:22] {dino} ty jf for idea
01[14:22] {@Threei}  wtg
[14:22] {dino} damn, too soon
[14:24] {jfjf64} Myl
[14:25] {dino} beast
[14:29] {dino} dwti spike
01[14:38] {@Threei} Long Setup:  FB  .20 break
01[14:38] {@Threei}  If holds  .19
01[14:38] {@Threei}  grrr... ,25 that was
01[14:39] {@Threei}  or it would have been the tightest stop in hostory, lol
01[14:39] {@Threei}  i
01[14:40] {@Threei}  nah
[14:50] {dino} flml l .50
01[14:56] {@Threei} Long Setup:  FB  .10 break
[15:00] {dino} bkd spike
[15:01] {dino} sm s .53
01[15:02] {@Threei}  1:1
[15:03] {dino} cov bkd 90, +.63
01[15:03] {@Threei}  wtg
[15:03] {dino} ty
[15:03] {dino} too soon
[15:03] {dino} sm s .52
[15:07] {dino} hmmm cov bkd .23, +.29
[15:09] {dino} chickening out, covering too soon
01[15:18] {@Threei}  can't blame you
[15:20] {dino} actually you can, i pulled the trigger on it
01[15:21] {@Threei}  ok... I can but I won't
01[15:21] {@Threei} Long Setup:  FB  .10 break
[15:22] {dino} better, lol
01[15:22] {@Threei}  :)
01[15:26] {@Threei}  valid
[15:36] {jfjf64} Lets go fb
01[15:37] {@Threei}  half out
01[15:37] {@Threei}  time starts pressing
[15:40] {jfjf64} Good night guys
[15:40] {jfjf64} Positive day
01[15:40] {@Threei}  take care jf
01[15:42] {@Threei}  1/4 more out
[15:45] {dino} gj jf
01[15:46] {@Threei}  1:2
01[15:46] {@Threei}  out in full
[15:46] {dino} out flml .66, +.16
01[15:46] {@Threei}  nicely adjusted to this market
01[15:46] {@Threei}  very steady trading
01[15:46] {@Threei}  thank you, have a good evening
[15:46] {dino} gj 3i
01[15:46] {@Threei}  see you tomorrow :)
[15:48] {dino} gn all, thx for ideas

Apr 07 2015

Very nice day with a lot of strong trades, 1:3 and 1:4s, ending with 1:3er(short on MCD) that cemented it as a very strong trading session.

Session Time: Tue Apr 07 00:00:01 2015
[09:00] {dino} gm
01[09:00] {@Threei}  dino :)
01[09:18] {@Threei}  Reuters: Russian atomic submarine catches fire in shipyard
01[09:18] {@Threei}  one less...
[09:20] {dino} indeed
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -ONVO +13% (entered R&D agreement with L'Oreal)
01[09:25] {@Threei}  -ASPS +12% (possible momentum from HLSS deal)
01[09:25] {@Threei}  -BLDP +11% (Chinese partner CSR Qingdao demonstrated world's first hydrogen fuel cell tram)
01[09:25] {@Threei}  -CLVS +9% (received breakthrough therapy designation for Rucaparib in monotherapy treatment of advanced ovarian cancer)
01[09:25] {@Threei}  -OCN +9% (possible momentum from HLSS deal)
01[09:25] {@Threei}  -IGT +7% (GTECH SpA completed acquisition of the US-based IGT)
01[09:25] {@Threei}  -GBX +7% (earnings)
01[09:25] {@Threei}  -AXTA +5% (disclosed BRK.A acquired 20M shares from CG at $28/shr)
01[09:25] {@Threei}  -ARNA +5% (received additional US patent for BELVIQ)
01[09:25] {@Threei}  -INFA +5% (confirms acquisition at $48.75/shr)
01[09:25] {@Threei}  -FDX +4% (confirmed merger with TNT Express for €8.00/share)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -OCUL -32% (reported topline data in 2nd Phase 3 trial evaluating OTX-DP met pain endpoint but not primary efficacy for inflammatory cells)
01[09:25] {@Threei}  -AG -4% (momentum from stake taken in First Mining)
01[09:25] {@Threei}  -HLSS -3.8% (acquisition agreement with New Residential for $1.2B)
01[09:25] {@Threei}  -GM -1.8% (Financial arm selling 3 & 7 year debt; company also recalled roof panels on some 92K vehicles but had no reported
[09:26] {jfjf64} Mornin men
01[09:26] {@Threei}  jf :)
01[09:26] {@Threei}  crashes or injuries associated with recall)
01[09:31] {@Threei} Long Setup:  FB  .60 break
01[09:31] {@Threei}  If holds  .50
01[09:31] {@Threei}  1:1
01[09:34] {@Threei} Long Setup:  TWTR  .40 break
01[09:34] {@Threei}  Invalidated
01[09:36] {@Threei} Long Setup:  VXX  .25 break
01[09:36] {@Threei}  If holds  .20
[09:38] {jfjf64} Wow fb
01[09:39] {@Threei}  half out VXX
01[09:39] {@Threei}  stop .24
[09:45] {jfjf64} .20 s fb
01[09:45] {@Threei} Short Setup: FB  .20 break
01[09:45] {@Threei}  If holds  .30
[09:45] {jfjf64} Lol
[09:47] {jfjf64} Valid here
01[09:48] {@Threei}  1:1
[09:48] {jfjf64} Half out
[09:53] {jfjf64} 82.80 want
[09:54] {jfjf64} Holdin with spike
[09:55] {jfjf64} 1:2
01[09:55] {@Threei}  1:2
[09:55] {jfjf64} Ya sleepin
01[09:55] {@Threei}  anything's wrong with that?
01[09:55] {@Threei}  1:3
[09:57] {jfjf64} Where stop
[09:58] {jfjf64} .10
[09:58] {jfjf64} ?
01[09:58] {@Threei}  .01 for me
[09:58] {jfjf64} Out here
[09:59] {jfjf64} 1:4
[09:59] {jfjf64} Nice
01[09:59] {@Threei}  out too
[10:02] {jfjf64} I give ya Ty for confirming my play
[10:02] {jfjf64} Ty
[10:02] {jfjf64} Lol
01[10:02] {@Threei}  (US) APR IBD/TIPP ECONOMIC OPTIMISM: 51.3 V 49.0E
[10:03] {jfjf64} Dino ya quit today
[10:08] {jfjf64} Aapl .30 break
[10:11] {dino} jf, no, computer hard drive issue on my options trading system. just had tech guy here, think its fixed
[10:12] {jfjf64} Good
[10:15] {dino} asps rocking again
[10:16] {jfjf64} Dal vg
01[10:17] {@Threei}  watching MCD for entry on pullback under .20
[10:18] {dino} well, its official, my son committed to nc state yesterday, engineering, nuclear intent.
01[10:18] {@Threei}  wow
[10:19] {jfjf64} Congrats
01[10:19] {@Threei}  nice
01[10:19] {@Threei}  congratulations
[10:19] {jfjf64} Proud poppa
01[10:19] {@Threei}  that was fast, MCD
[10:19] {jfjf64} Very fast
[10:20] {dino} yeah, proud of him, just named scholar of the year in northeat pa. plus lettered in golf and basketball
01[10:20] {@Threei}  wow
[10:20] {jfjf64} Amazing
[10:21] {jfjf64} Keep playin ya options
[10:21] {jfjf64} Lol
[10:21] {dino} yeah, this is going to cost me $35k/year
[10:21] {jfjf64} Twtr short here
01[10:22] {@Threei} Long Setup:  DAL  .10 break
[10:23] {cosmo} Wolfpack?
[10:23] {jfjf64} Yep
[10:25] {cosmo} beat Duke next time with that new talent
[10:26] {dino} wolfpack yes.
[10:26] {dino} not playing ball there tho, concentrating on studies
[10:26] {cosmo} yea...so would i...
[10:30] {jfjf64} Spy spike
[10:31] {jfjf64} Dal lets go
[10:31] {jfjf64} Out flat
[10:36] {dino} imkta drop
[10:36] {dino} pulp chart
01[10:42] {@Threei}  half out MCD
01[10:42] {@Threei}  stop .09
01[10:42] {@Threei}  mmm... DAL that was
01[10:43] {@Threei} Long Setup:  MCD  .25 break
01[10:43] {@Threei}  If holds  .15
[10:44] {jfjf64} Vg has Big Mac on mind
01[10:44] {@Threei}  lol
[10:47] {dino} vxx 52 week low
[10:47] {jfjf64} Rcl bottom feeder
[10:48] {jfjf64} Building position
[10:48] {jfjf64} Look ccl today
[11:04] {dino} safm sm l .03 ave
[11:11] {jfjf64} Aal vg?
01[11:11] {@Threei}  1:1  MCD
01[11:11] {@Threei}  AAK, 48 break
01[11:11] {@Threei}  AAL
01[11:28] {@Threei}  1:2  MCD
[11:37] {dino} out safm ave .33, +.30
01[11:37] {@Threei}  1:1
[11:37] {jfjf64} Nice
01[11:37] {@Threei}  out in full
[11:38] {jfjf64} Ty Big Mac
[11:38] {dino} ty
[11:45] {jfjf64} .90 break twtr
[11:50] {jfjf64} Now die
[12:25] {jfjf64} Fb 83 break
[12:29] {jfjf64} 1:1
[12:29] {jfjf64} Finally
01[12:29] {@Threei}  gj
[12:34] {dino} gj
[12:34] {jfjf64} Ty  Ty
01[12:39] {@Threei}  RMBS Seeing call activity2K Aug 15 calls trade at $0.35
01[12:40] {@Threei}  [TWTR] AlphaOne capital's Dan Niles on CNBC confirms has bought the stock for the first time (after being previously bearish) Follow up: notes on CNBC the Google relationship announced in Feb will drive users to platform when it starts to go into effect- bought the shares in early March
[12:40] {jfjf64} I hate twtr
01[12:40] {@Threei}  Dan Niles used to elso...
01[12:41] {@Threei}  and now, see
[12:41] {jfjf64} Yup
[12:50] {jfjf64} .51 axta
[12:57] {dino} prtk drop
[12:57] {dino} cbmg drop
[13:01] {jfjf64} 1:1
[13:06] {jfjf64} 1:2
[13:09] {jfjf64} Out
[13:10] {jfjf64} Lunch time
[13:11] {jfjf64} Good mornin session
[13:30] {jfjf64} Anything
01[13:30] {@Threei}  looking...
[13:31] {jfjf64} USO ooh
[13:31] {jfjf64} Oih
[13:32] {jfjf64} Long trap
[13:32] {jfjf64} Thinking
01[13:32] {@Threei}  want to short .90 break?
[13:33] {jfjf64} Thinking
[13:33] {jfjf64} Oih going
[13:35] {jfjf64} .90 break
[13:37] {jfjf64} Tight stop
[13:40] {jfjf64} 1:1
[13:42] {jfjf64} .84wall
[13:43] {jfjf64} 11kordersellside
[13:45] {jfjf64} Oih loosin it faster
[13:49] {jfjf64} 1:2
01[13:49] {@Threei}  good one
01[13:49] {@Threei}  where is my TY for confirming?
[13:50] {jfjf64} Ty for confirming
[13:51] {jfjf64} .85 stop
01[13:51] {@Threei}  yw
[13:52] {jfjf64} We not done here
01[13:52] {@Threei}  no
[13:52] {jfjf64} Oih breaks support
01[13:52] {@Threei}  and what a pleasure it is to short oil
[13:53] {jfjf64} Wonderful
[13:53] {jfjf64} I'm gonna sit back kick fey up on desk
[13:56] {jfjf64} 1:3
[13:57] {jfjf64} Vol spike
[13:59] {jfjf64} Out
[14:01] {dino} gj
[14:02] {jfjf64} Ty
[14:02] {jfjf64} Was watching Hal for scalp
[14:03] {jfjf64} Pullbk
[14:04] {jfjf64} Naa missed
[14:04] {jfjf64} Shit
[14:12] {jfjf64} Tna Iwm time
[14:12] {jfjf64} ?
01[14:12] {@Threei}  on pullback
01[14:12] {@Threei}  this is not a time for straight up move yet, IMO
01[14:17] {@Threei}  IWM from under .10
01[14:21] {@Threei} Long Setup:  IWM  .10 break
01[14:21] {@Threei}  If holds  125
[14:28] {jfjf64} 1:1 nicely done
01[14:29] {@Threei}  :)
01[14:29] {@Threei}  love pulback etnries
[14:30] {jfjf64} More then bacon?
[14:35] {mib_5q82km} yum
[14:37] {mib_5q82km} anyone else trade TSX?
[14:40] {jfjf64} Lulu s .10
[14:51] {jfjf64} Done for day gotta run
[14:51] {jfjf64} See tomorrow
[14:54] {dino} gj jf
01[14:55] {@Threei}  take care jf
[14:59] {dino} dm spike
01[15:03] {@Threei}  (US) FEB CONSUMER CREDIT: $15.5B V $12.3BE
01[15:03] {@Threei} Short Setup: MCD  .60 break
01[15:03] {@Threei}  If holds  .70
[15:17] {dino} sdow l .15
01[15:31] {@Threei}  1:1
01[15:40] {@Threei}  1:2
01[15:40] {@Threei}  1:3
01[15:40] {@Threei}  out
01[15:40] {@Threei}  beuatiful day
01[15:40] {@Threei}  done
01[15:41] {@Threei}  thank you, have a great evening
01[15:41] {@Threei}  see you tomorrow
[15:42] {dino} out sdow ,35, +.20
[15:42] {cosmo} rats jumping ship
[15:43] {cosmo} not you dino
01[15:43] {@Threei}  me then?
[15:43] {dino} few more minutes
[15:43] {cosmo} mkt
[15:43] {dino} just dropped 100 pts in about half hour

Apr 06 2015

Low volume narrow day, positive thanks to a few larger wins in the morning.

Let me entertain you with this quote from A Taoist Trader:

The best of men is like water;
Water benefits all things
And does not compete with them.

Just as smooth flow facilitates water’s health and clarity, steady and smooth trading is the best way to manage risk and guarantee steady profits. Wild swings of one’s trading account signify an abnormal amount of risk being taken. Such trading ruins a trader’s emotional and mental balance and leads to severe drawdowns. They are emotionally draining and psychologically damaging; they are also potentially ruinous for the trading account itself as the size of the drawdown can become unsustainable very quickly. A Taoist Trader guards against too much turbulence in his trading and moderates his risk taking in an attempt to prevent severe setbacks.

A trader should apply the same principle to his reading of market movements. It helps him understand whether a movement is in its sustainable stage or is coming to its end, thus enabling him to decide whether to hold his position or start looking for an exit. Smooth steady price movement with stable volume is likely to be sustainable and continue for a while. Parabolic turbulent price movement with exploding volume signals an approaching final stage – such extreme price/volume action is not sustainable and will lead to a reversal sooner rather than later.

A Taoist Trader

Session Time: Mon Apr 06 00:00:00 2015
[09:04] {dino} gm
01[09:05] {@Threei}  dino :)
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -QURE +44% (earnings; entered into agreement with BMY to develop gene therapies)
01[09:29] {@Threei}  -CYTX +23% (Cytori & Lorem vascular receive regulatory clearance in China)
01[09:29] {@Threei}  -GAME +5.6% (entered definitive merger agreement with Going Private Transaction for $7.10/shr)
01[09:29] {@Threei}  -TSLA +3.6% (momentum from Friday sales numbers)
01[09:29] {@Threei}  -TIF +3.3% (positive broker commentary)
01[09:29] {@Threei}  -ARIA +3.3% (announced approval of Iclusig)
01[09:29] {@Threei}  -LL +2.6% (positive broker commentary)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -MHR -9.5% (disclosed notice from SEC staff that is has recommended that the SEC file an enforcement action)
01[09:29] {@Threei}  -DGLY -8.3% (company's "major announcement" turned out to be a PGA event sponsorship vs. product announcement)
01[09:29] {@Threei}  -HLF -4.5% (US federal enforcement officials to have contacted various Herbalife members regarding their business practices)
01[09:29] {@Threei}  -WBAI -3% (no news seen)
[09:30] {jfjf64} Mornin
01[09:30] {@Threei}  jf :)
01[09:32] {@Threei} Short Setup: FB  .20 break
01[09:32] {@Threei}  too fast
01[09:32] {@Threei}  again
01[09:32] {@Threei}  If holds  .30
01[09:33] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  VXX  .20 break
01[09:35] {@Threei}  If holds  .10
01[09:37] {@Threei} Short Setup: FB  .50 break
01[09:37] {@Threei}  sheesh... too fast again
01[09:38] {@Threei}  valid
01[09:38] {@Threei}  If holds  .60
01[09:38] {@Threei}  nah
[09:39] {jfjf64} Next candle hold .65
[09:40] {jfjf64} Na
01[09:40] {@Threei}  SPY closes the gap
[09:41] {jfjf64} Fb maybe time
01[09:42] {@Threei} Short Setup: FB  .70 break
01[09:42] {@Threei}  If holds  .80
01[09:43] {@Threei}  1:1
[09:44] {jfjf64} We break 13 ma.55 then think we get .38
01[09:44] {@Threei}  *(US) MAR FINAL MARKIT SERVICES PMI: 59.2 V 58.5E
[09:45] {jfjf64} Na
01[09:46] {@Threei} Short Setup: TWTR  .30 break
01[09:46] {@Threei}  If holds  .40
[09:47] {jfjf64} Vxx here
[09:48] {jfjf64} Whacky mkt
01[09:48] {@Threei}  never-edning drive up
[09:49] {jfjf64} Yes
[09:49] {dino} qure sm s .48
01[09:50] {@Threei} Short Setup: FB  .80 break
01[09:50] {@Threei}  If holds  .90
01[09:51] {@Threei}  1:1
01[09:55] {@Threei} Short Setup: MCD  .55 break
01[09:56] {@Threei}  change to .60
01[09:56] {@Threei}  If holds  .70
01[09:57] {@Threei}  1:1
01[09:59] {@Threei}  *(US) MAR ISM NON-MANUFACTURERS COMPOSITE: 56.5 V 56.5E
[10:00] {dino} dyax sm s .70
[10:01] {jfjf64} Tesla machine today
01[10:01] {@Threei}  1:2
01[10:01] {@Threei}  finally something decent
[10:02] {jfjf64} Yes
01[10:03] {@Threei}  1:3
[10:05] {jfjf64} Stop :43
[10:05] {jfjf64} ?
[10:06] {jfjf64} Me out Ty
01[10:06] {@Threei}  yup
[10:06] {jfjf64} You still in
01[10:07] {@Threei}  no
[10:08] {jfjf64} Vxx ready
[10:08] {jfjf64} ??
01[10:09] {@Threei}  I'd prefer one more pullback
01[10:09] {@Threei}  and buy around .90
[10:12] {dino} epam spike
[10:13] {dino} sm s .05
[10:14] {jfjf64} You still Dino
[10:15] {dino} of course i'm dino
[10:15] {jfjf64} Lol
[10:15] {dino} yes, bs at .41
01[10:15] {@Threei}  hehe
[10:15] {dino} stopped
[10:16] {jfjf64} Got on my radar
[10:17] {dino} epam sm s .76
[10:17] {dino} bs .02
01[10:18] {@Threei} Long Setup:  VXX  .90 break
01[10:18] {@Threei}  If holds  .85
[10:19] {jfjf64} Nice tight stop like
[10:20] {dino} bid/ask getting wider, should drop
[10:20] {jfjf64} Now
[10:21] {jfjf64} Here we go
01[10:21] {@Threei}  nah
[10:21] {jfjf64} Elam
[10:21] {jfjf64} Epam
[10:24] {dino} wtf stopped epam, too greedy
[10:26] {dino} rinsed
[10:26] {dino} sm s .71
[10:29] {jfjf64} That ma holdin up .57
[10:33] {dino} stopped .10 ave -.39
01[10:33] {@Threei} Long Setup:  VXX  .70 break
01[10:33] {@Threei}  If holds  .64
[10:33] {dino} had .30 on it twice, stupid, stupid
01[10:34] {@Threei}  Invalidated
[10:46] {jfjf64} Valid
[10:46] {jfjf64} Vxx
[10:51] {dino} epam last try sm s .34
01[10:52] {@Threei} Short Setup: MCD  .60 break
01[10:52] {@Threei}  If holds  .70
[10:53] {jfjf64} Go Dino
[10:54] {dino} lol
[10:55] {jfjf64} Tna  .30  long
[10:58] {jfjf64} 1:1
01[11:02] {@Threei}  1:1  MCD
[11:04] {jfjf64} Watching safm reversal
[11:06] {dino} late post, dyax stopped .01 -.31
[11:08] {jfjf64} In
01[11:11] {@Threei}  1:2
[11:26] {dino} gj
01[11:26] {@Threei}  ty
[11:27] {jfjf64} Yes nice job vg
01[11:27] {@Threei}  Market participants had all weekend to think about the big payrolls whiff in Friday's US March jobs report. This morning traders are buying the dip although trading volumes remain light.
[11:28] {jfjf64} Not me
[11:28] {jfjf64} Lol
01[11:28] {@Threei}  There was talk over the weekend that the worsening debt crisis has reanimated debate within Greece's ruling Syriza party about possible snap general elections if discussions with creditors fail. The country faces a Thursday deadline to repay a €450M IMF loan
[11:46] {jfjf64} Aapl 127
[11:46] {jfjf64} Long
[11:47] {jfjf64} I'm buyin dip
[11:48] {jfjf64} 1:1
[11:48] {jfjf64} Now hod
[11:49] {jfjf64} Not
[11:56] {jfjf64} Time for lunch
[11:56] {jfjf64} No 1:4 vg till back
[11:56] {dino} gj
01[12:13] {@Threei} Long Setup:  HLF  .10 break
01[12:13] {@Threei}  If holds  .95
01[12:13] {@Threei}  1:1
[12:35] {jfjf64} Gonna take shot vxx
[12:36] {jfjf64} .40 break
[12:36] {jfjf64} Small stop
[12:50] {dino} taking a break
01[12:50] {@Threei}  stall...
01[12:50] {@Threei}  HLF is moving again
[12:51] {jfjf64} Nice pull i
[12:51] {jfjf64} Bk
[13:08] {dino} out wday calls from march, +1.50 / 41%
01[13:09] {@Threei}  wtg
[13:10] {jfjf64} Good job Dino
[13:10] {dino} ty
[13:12] {jfjf64} Hlf
[13:12] {jfjf64} .45 break
[13:12] {jfjf64} Thoughts vg
01[13:13] {@Threei}  50/50
01[13:13] {@Threei}  no drive in the market either way
[13:24] {jfjf64} Infa
[13:41] {jfjf64} .60 break short here
[13:41] {jfjf64} .65
[13:44] {jfjf64} Nope
[13:49] {jfjf64} SOB
[14:07] {jfjf64} Fb hod.55 break short
[14:07] {jfjf64} Invalid
[14:26] {jfjf64} Celg .15 break
01[14:28] {@Threei}  not holding 113
01[14:29] {@Threei}  now maybe, .10 break
01[14:33] {@Threei}  nah
[14:38] {jfjf64} SOb
[14:39] {jfjf64} Came off old
[14:39] {jfjf64} Lod
[14:42] {dino} lol, finally covered qure from this morning, 32.15, +1.33
01[14:44] {@Threei}  nice
01[14:44] {@Threei}  él fb .75 break
01[14:44] {@Threei}  éc .65
01[14:45] {@Threei} Long Setup:  FB  .75 break
01[14:45] {@Threei}  If holds  .65
[14:54] {jfjf64} I'm pissed celg
[14:55] {jfjf64} Nice hold Dino
01[14:56] {@Threei}  Invalidated
[14:57] {dino} ty jf
[14:58] {jfjf64} Hlf hod
01[15:06] {@Threei} Long Setup:  FB  .60 break
01[15:06] {@Threei}  If holds  .54
01[15:10] {@Threei}  watching VXX for pullback entry
[15:11] {jfjf64} Mkt looks gettin weak
01[15:12] {@Threei} Long Setup:  VXX  .45 break
01[15:13] {@Threei}  If holds  .35
[15:17] {jfjf64} Brcm spike
01[15:20] {@Threei}  stop to .39
[15:25] {jfjf64} Brcm .15 break
[15:32] {jfjf64} 1:1
[15:32] {dino} gj
[15:34] {dino} well, w/o counting the wday options, first negative day in last 11
[15:34] {dino} with options sale, graetly positive
[15:34] {dino} greatly
[15:36] {jfjf64} You do good with options
[15:37] {dino} ty, they've been helping my monthly totals.
[15:38] {jfjf64} Never bought a option
[15:39] {jfjf64} Something u just added
[15:39] {dino} about as hard to do as shorting
[15:39] {dino} just hit the buy to open button
[15:40] {jfjf64} Lol
[15:40] {dino} i made the short comment because cramer always tells his listeners its hard to short. i don't know why, just hit the short button
01[15:41] {@Threei}  lol
[15:41] {jfjf64} Lol
01[15:43] {@Threei}  FB tries to break
[15:43] {jfjf64} Watching
[15:43] {jfjf64} Weird day here
[15:44] {jfjf64} Is vol down
01[15:44] {@Threei}  yes
01[15:44] {@Threei}  11%
[15:45] {jfjf64} I'm positive / not much
[15:46] {jfjf64} Enough for 2 beers / burger
[15:46] {jfjf64} See tomorrow guys
[15:47] {dino} cya jf, gj
01[15:47] {@Threei}  take care guys, see you tomorrow
01[15:48] {@Threei}  little scalp on VXX
[15:48] {dino} gn all

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Iran Deals, Payrolls Bomb
Fri, 03 Apr 2015 11:25 AM EST

The first quarter of 2015 came to an end this week, with Europe and Asia equities up big, while the S&P500 underperformed and the DJIA posted a losing quarter for the first time in two years. There were some green shoots in European and Chinese data. China's March PMI data showed manufacturing returned to expansion after two months of contraction, while Euro Zone manufacturing registered its 21st straight month of growth. But Friday's US payrolls data disappointed, posting the worst gain in over a year, and sending treasury yields and the dollar lower. The Iran talks were extended past the Tuesday deadline, allowing negotiators to arrive at a preliminary agreement that hopes to curtail Tehran's nuclear ambitions. For the week, the DJIA rose 0.3%, the S&P500 gained 0.3% and the Nasdaq slipped 0.1%.

Though most Western markets were closed for Good Friday, the US Labor Department remained open on the religious holiday and released a hair raising jobs report. March Nonfarm payrolls came in at a +126K versus the +245K estimate and February was revised down by over 30K, taking the Q1 average monthly gain down to +197K (vs. +324K in Q4). Similar to last year's slow start, the weak numbers were largely blamed on poor weather conditions. In illiquid holiday trading, the dollar sank after the jobs reports. After remaining in a fairly tight range through early Friday, the greenback slid about 1% to one-week lows against other major currencies, rising to above 1.10 against the euro and dropping below 119 yen. The 10-year treasury yield approached a two month low around 1.82% after the payrolls number.

The Iran nuclear talks went into double overtime, with the P5+1 negotiators extending talks through Thursday after missing the deadline to reach a preliminary deal on Tuesday. The additional 48 hours of talks yielded a framework agreement that, if fully implemented, will curtail Iran's nuclear activities for up to 25 years. In the draft document, Iran agreed to remove or dilute 95% of its enriched uranium stockpiles, and to confine its centrifuge operations to one location, moves that purportedly would extend Iran's "break out" period for developing a nuclear weapon to more than 12 months. In return, the EU and US agreed to lift all financial and economic sanctions once IAEA inspectors confirm Iran's compliance. The preliminary deal starts the clock on a more detailed final round of talks with a June 30th deadline.

Elsewhere in the tumultuous Middle East, the Saudi-led coalition continued bombing Yemen even as Houthi rebels consolidated their grasp on most of the country and began taking the key port city of Aden, the last big holdout of government forces. Saudi ground forces gathered on the Yemen border have not entered the country yet.

The weekly inventory reports whipped crude prices around again. API crude inventories registered their third consecutive build, while the DOE report notched its 12th straight build in inventories. However, the gain seen in the DOE report more or less met expectations for the first time in weeks, with no big overshoot, lending some strength to prices on Wednesday. WTI managed to stay in the high $40's and Brent in the mid-$50's all week. Crude didn't lose much ground even as a nuclear deal started to shape up, as the prospects of Iranian oil flooding the market were tempered by comments from Secretary of State Kerry that it may take Tehran as much as a year reach compliance with the agreement.

The launch of ECB QE and euro weakness helped boost European equities in Q1: the DAX index gained 22% in the quarter, its best performance since the second quarter of 2003, while the EuroSTOXX gained 16%. EUR/USD was down 11%, while the ICE dollar index gained 9% in the first quarter, its best performance since 2008, and pushed out to a 12-year high. Asian indices did very well too: the Shanghai Composite gained 16% while the Nikkei advanced more than 10%. The S&P 500 eked out a slight quarterly gain, its ninth in a row, while the DJIA turned negative for the quarter after taking a 200-point hit on the final day of the month. Tech stocks and small caps outperformed, with the Nasdaq up 3.5% in the quarter and the Russell 2000 up 4%. The 10-year UST yield fell nearly 24 basis points, from 2.173% to 1.937%.

Yet another round of funding talks between Greece and its European partners ended inconclusively on Tuesday. Greece submitted a list of proposed reforms, including an extra €4.7-6.1B in revenues and more concessions, but EU officials said they did not expect a deal before the next scheduled meeting of euro zone finance ministers, in Riga on April 24th. There were concerns that Greece might defer payment of a €450M IMF loan that is due on April 9th, which would constitute a big breach of Greece's commitments, but EU officials said the country would be able to make the payments.

The ECB released minutes from last month's meeting, although there was little earthshaking in the document. The notes suggest policymakers still worry that risks to the economic outlook remain to the downside, with national representatives somewhat skeptical of the ECB's raised growth forecasts for 2016 and 2017. Central bank representatives cited worries about Greece and wider geopolitical problems in the Middle East and Ukraine as possible problems for the outlook.

Fiat Chrysler recorded its 60th straight month of US sales gains in March while Ford, Nissan and General Motors saw sales contract. Toyota's sales gained a strong 4.9% y/y in the month, while GM was down 2%, Nissan dropped 2.7% and Ford fell 3.4%. Given the bad weather, analysts had projected that overall sales volume would fall for the first time in more than a year.

In M&A news, UnitedHeath struck a deal to acquire pharmacy benefit manager Catamaran Corporation for $61.50/share in cash, for a total deal valued at $12.8 billion. Teva entered a deal to acquire orphan drug developer Auspex for $101/share in cash, valuing the firm around $3.2 billion. Simon Property Group ended its hostile bid for Macerich after the deadline passed on its best and final offer of $95.50/share. Shares of Macerich fell hard, but recovered some ground on Thursday after reports emerged that activist investor Jonathan Litt was upset with Macerich's tactics in dealing with the offer and that in response he has nominated four director candidates. Shares of Lorillard and Reynolds were volatile on reports that the FTC was discussing possible remedies to be required for the proposed merger of the two tobacco firms to close. Recall the two entered a stock-and-cash deal valued around $27 billion last July.

The Shanghai Composite rose for the 4th consecutive week, gaining another 4% and reaching a new 7-year high above 3,850. Property sector names continued their strong performance early in the week after the PBoC decision to lower down-payments on 2nd mortgages from 60% to 40% and to do away with the "business tax" on transactions of homes purchased for over 2 years. Chinese markets were also helped by PBoC governor Zhou commenting that the central bank is increasingly focused on deflation, raising expectations for a steady increase in monetary easing in the pipeline. March PMIs released later in the week were mixed. The official manufacturing PMI figure returned to expansion after two months of contraction, but the rebound was largely attributed to seasonal post-holiday demand. The Non-manufacturing PMI slipped to 53.7 from 53.9. Both reports expressed concern over the slowdown in demand for labor, potentially raising a political issue for leadership in Beijing down the line.

The Nikkei225 was little changed for the week, consolidating an otherwise impressive month of March above the 19,000 level - although a powerful reversal is to be expected after Friday's Yen rally following the lackluster US jobs report. Japan's quarterly Tankan survey offered few signs of building momentum. The flat assessment of large manufacturing was somewhat worrisome, considering that it is the sector of the economy that prompted the most optimism from the BOJ in recent months, while the CapEx portion of the report showed its first decline in 2 years. The outlook for inflation among companies as surveyed by the BOJ also fell short of the official 2% inflation target several years forward.

Apr 02 2015

Very good morning with several strong plays, so we deiced to start our long weekend early. 

Session Time: Thu Apr 02 00:00:00 2015
[09:13] {cosmo} Get you egg ready:  http://whatreallyhappened.com/IMAGES/alienbunny.jpg
01[09:14] {@Threei}  oh jeez
01[09:14] {@Threei}  I have better one for you, easy to understand even without translation:
01[09:14] {@Threei}  https://www.youtube.com/watch?v=LbL9MRnxv5Q
[09:15] {dino} gm
01[09:17] {@Threei}  dino :)
[09:17] {cosmo} oh gawd
[09:18] {dino} i prefer dino
[09:19] {cosmo} no problem. just do your stuff...
[09:20] {cosmo} maybe make the snow and ice go away
[09:22] {jfjf64} Morni all
01[09:22] {@Threei}  jf :)
[09:30] {dino} lol cosmo it will never go away
01[09:31] {@Threei}  (US) Select Premarket Movers Upside:-WBAI +15% (Chinese press report that online lottery sales will resume)-CNDO +7% (formed new subsidiary DiaVax Biosciences)-KMX +4.7% (earnings)-PERY +4% (earnings)-LL +3.8% (prelim Q1 Rev)-RAI +3.8% (chatter that FTC will allow deal with LO; LO also up)-MDVN +2% (topline data for Enzalutamide positive)-XON +1.7% (signed cooperation agreement with National Cancer Institute-TSLA +1.7% (positive broker commentary)-MU +1.3% (earnings)-HLF +1.2% (reports of investigation into Pershing related to China presentation)
01[09:31] {@Threei}  Downside:-CNAT -8% (priced 3.5M offering at $5.75/shr)-SEAC -7.5% (earnings)-OCRX -2% (data for OCR-002)-CARB -12% (J@ 2ommentary)
01[09:34] {@Threei} Long Setup:  DAL  43 break
01[09:34] {@Threei}  If holds  .90
01[09:35] {@Threei}  1:1
[09:37] {jfjf64} Comon dal
01[09:38] {@Threei} Short Setup: FB  .10 break
[09:38] {jfjf64} Holdin .10 nicely
01[09:38] {@Threei}  If holds  .20
01[09:39] {@Threei}  1:1
01[09:39] {@Threei}  1:2  DAL
01[09:41] {@Threei}  1:2  FB
01[09:41] {@Threei}  closed
[09:43] {jfjf64} Common dal spread ya wings and FLy to .50
01[09:44] {@Threei}  1:3
[09:45] {jfjf64} Stop.20
[09:45] {jfjf64} ?
01[09:46] {@Threei}  .19
01[09:47] {@Threei}  closed
[09:47] {jfjf64} Nice ly done
[09:47] {jfjf64} Ya still got it
[09:49] {jfjf64} Kim's gonna bust out
[09:50] {jfjf64} Kmx
01[09:50] {@Threei}  ALK Seeing early put activity1826 Par 60 puts trade at $0.40
[09:51] {jfjf64} .15 long kmx
[09:51] {jfjf64} Stop 74
[09:55] {jfjf64} .85 long
[09:56] {dino} sedg spike
[09:56] {jfjf64} Bounce vwap
[09:56] {jfjf64} Meh
01[10:00] {@Threei}  *(US) FEB FACTORY ORDERS: +0.2% V -0.4%E
01[10:06] {@Threei} Long Setup:  DAL  .10 break
01[10:06] {@Threei}  If holds  .05
01[10:12] {@Threei}  meh
01[10:12] {@Threei} Long Setup:  VXX  .15 break
01[10:12] {@Threei}  If holds  .05
01[10:25] {@Threei}  1:1
[10:45] {jfjf64} Retail  m. Dks. Strong today
[10:46] {jfjf64} Xon dino
[11:09] {dino} damn, sidetrack day, missed it.
[11:09] {dino} gotta hop for two hours or so, gl all. if i don't get back, have a great easter holiday
01[11:10] {@Threei}  have fun dino
[11:10] {dino} u2
[11:10] {jfjf64} You to enjoy happy easter
[11:13] {jfjf64} Twtr .95 long
[11:13] {jfjf64} Hold lod
01[11:13] {@Threei}  yup
[11:17] {jfjf64} It's time twtr
[11:23] {jfjf64} Makin me work for 1:1
01[11:25] {@Threei}  long weekend ahead... likely dead market for the rest of the day
[11:25] {jfjf64} My last trade
[11:25] {jfjf64} 1:1
[11:26] {jfjf64} You in vg
01[11:26] {@Threei}  yes
01[11:26] {@Threei}  half out
[11:26] {jfjf64} Me too
[11:27] {jfjf64} Gonna hold stop .05
[11:28] {jfjf64} Want 50.30
[11:29] {jfjf64} Lol
[11:29] {jfjf64} I hate twtr
01[11:30] {@Threei}  shrug
[11:31] {jfjf64} Still in u
01[11:31] {@Threei}  1/4 more out
[11:33] {jfjf64} Watch clr bounce
[11:33] {jfjf64} .55 in
[11:34] {jfjf64} 1:1
[11:35] {jfjf64} Out what was that
[11:36] {jfjf64} Profitable AM session  going to hop like a bunny
01[11:36] {@Threei}  yup
01[11:36] {@Threei}  see you monday
[11:37] {jfjf64} Enjoy ya weekend see ya monday
[11:37] {jfjf64} Thanks
01[11:37] {@Threei}  :)

Apr 01 2015

Very nice day with 1:3, 1:3, 1:5 etc, Quite steady trading, despite slowness



Session Time: Wed Apr 01 00:00:00 2015
[09:07] {dino} gm
01[09:07] {@Threei}  dino :)
[09:19] {dino} 3i, 3" of snow last night. it never ends
01[09:20] {@Threei}  sheeeesh
01[09:20] {@Threei}  this ceased to be funny long ago
[09:21] {dino} feb was 14 degrees below average for the month, march is 16 degrees below
01[09:21] {@Threei}  all that snow will keep temperatures below normal for a good while
[09:25] {dino} we are about a month behind. i usually play golf in march, but courses are under snow
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -DYAX +47% (announced positive Phase 1b results in trial of DX-2930)
01[09:26] {@Threei}  -ONVO +12% (described first fully cellular 3D bioprinted kidney tissue)
01[09:26] {@Threei}  -SRPT +8% (removed CEO Garabedian; interim CEO is former Chief Medical Officer Kaye)
01[09:26] {@Threei}  -SHLD +6% (entered 50/50 JV and sale-leaseback involving 12 properties located at GGP malls)
01[09:26] {@Threei}  -ESPR +4.4% (positive broker commentary)
01[09:26] {@Threei}  -CBK +3.2% (Marcellum calls on board to explore a potential sale to maximize value)
01[09:26] {@Threei}  -HPQ +1.2% (positive broker commentary)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -UTIW -13% (earnings)
01[09:26] {@Threei}  -SNX -5% (earnings)
01[09:26] {@Threei}  -MAC -5% (SPG confirmed withdrew offer to acquire the company)
01[09:26] {@Threei}  -RKT -4% (cut guidance)
01[09:26] {@Threei}  -CHRS -3.3% (priced 4.1M shares at $29/shr)
01[09:26] {@Threei}  -KORS -2.5% (negative broker commentary)
01[09:26] {@Threei}  -AAL -2% (DB cut entire aviation sector; DAL, UAL also down 1-2%)
01[09:31] {@Threei} Short Setup: TWTR  51 break
01[09:31] {@Threei}  If holds  .10
01[09:31] {@Threei}  Invalidated
01[09:32] {@Threei} Short Setup: TWTR  .30 break
01[09:32] {@Threei}  If holds  .40
01[09:37] {@Threei} Long Setup:  FB  .45 break
01[09:37] {@Threei}  If holds  .35
01[09:38] {@Threei}  no go
01[09:40] {@Threei} Long Setup:  FB  .90 break
01[09:40] {@Threei}  1:1
01[09:42] {@Threei}  (GR) Greece govt not interested in sticking to IMF's April 9th deadline - Germany press "The Greek government must repay a €450 million IMF loan on April 9th. Reportedly the Greek Minister of the Interior said that if international creditors do not release aid funds to allow Greece to repay the loan, Greece will not meet the deadline. This would be a clear violation of the IMF's Articles of Association, according to which an installment payment can not be deferred. A breach of this rule has not yet occurred in the history of the IMF."
[09:42] {jfjf64} Iwm .45
[09:43] {jfjf64} .40
01[09:45] {@Threei}  *(US) MAR FINAL MARKIT MANUFACTURING PMI: 55.7 V 55.3E
01[09:48] {@Threei} Long Setup:  FB  .30 break
01[09:48] {@Threei}  Invalidated
01[09:49] {@Threei}  valid again
01[09:49] {@Threei}  in
01[09:50] {@Threei}  come on
01[09:51] {@Threei}  move already
01[09:52] {@Threei}  sheesh
01[09:52] {@Threei}  1:1
01[09:52] {@Threei}  1:2
01[09:52] {@Threei}  finally
[09:52] {jfjf64} Yes
[09:54] {jfjf64} Common fb
[09:54] {jfjf64} Get some legs
[09:55] {jfjf64} Can yo say 82.00
01[09:56] {@Threei}  market is spooked by Greece
[09:57] {jfjf64} Quick scalps
[09:59] {dino} banging last weeks lows
01[10:00] {@Threei}  *(US) MAR ISM MANUFACTURING: 51.5 V 52.5E; PRICES PAID: 39 V 38.0E
01[10:00] {@Threei}  *(US) FEB CONSTRUCTION SPENDING M/M: -0.1% V -0.1%E
01[10:00] {@Threei} Long Setup:  IWM  .10 break
01[10:01] {@Threei}  If holds  123
01[10:01] {@Threei}  1:1
01[10:02] {@Threei}  1:2
[10:02] {jfjf64} Go get em vg
[10:02] {jfjf64} F Greece
01[10:03] {@Threei}  1:3
[10:03] {cosmo} all they are saying is "give Greece a chanve"
[10:03] {cosmo} chance
[10:03] {jfjf64} How many times
[10:04] {cosmo} its a chant
[10:04] {jfjf64} Stop.25
[10:04] {jfjf64} ?
01[10:04] {@Threei}  meanwhile Greece brownnoses to Russia
[10:04] {dino} dyax hl s .32
01[10:04] {@Threei}  yeah
01[10:04] {@Threei}  that's where they lose my sympathy at once
[10:05] {dino} ctso hl l .95
01[10:05] {@Threei}  to .29 now
[10:05] {jfjf64} You caught it nice vg
[10:06] {jfjf64} Nice job
01[10:07] {@Threei}  ty
[10:07] {dino} cov dyax .88, +.44
[10:07] {jfjf64} Gm
[10:07] {jfjf64} Gj
[10:07] {dino} ty
[10:08] {dino} gm too
[10:08] {jfjf64} Yes
01[10:08] {@Threei}  lol
[10:08] {jfjf64} First 30 min was little hectic
[10:09] {jfjf64} Settle in now
[10:10] {jfjf64} Dal
[10:10] {jfjf64} .25 long
[10:10] {jfjf64} Hold .15
[10:16] {jfjf64} 1/1
[10:17] {jfjf64} Now go kill ya
[10:17] {jfjf64} Self I win dal
[10:18] {dino} out ctso .28, +.32
[10:19] {dino} alny sm l .87
[10:19] {jfjf64} Nice
01[10:19] {@Threei}  (US) President Obama declares rising number of cyberattacks against the US is a national emergency, issues executive order that to sanction those behind the attacks. The president's order will give the Treasury Department the authority to impose sanctions on individuals or entities behind cyberattacks and cyber espionage.
[10:20] {dino} ty
[10:20] {jfjf64} 1/2dal
01[10:21] {@Threei}  wtg
[10:21] {dino} out alny .63 +.76
[10:21] {jfjf64} Go Dino
[10:22] {dino} :)
[10:22] {dino} giddy-up
[10:22] {dino} reload alny hl l .93
[10:24] {dino} out alny .29, +.36
[10:24] {jfjf64} Still in dal.31 stop
[10:24] {jfjf64} Nice
[10:25] {dino} wday hl l .49
[10:26] {dino} ty
[10:30] {jfjf64} Wow alny
[10:31] {dino} damn
[10:32] {jfjf64} That's being nice
[10:33] {jfjf64} Vxx watching??
01[10:33] {@Threei} Long Setup:  AAPL  .60 break
01[10:33] {@Threei}  If holds  .50
[10:33] {dino} ctso hl l .42
[10:35] {dino} stop wday ave .17 -.23
[10:35] {dino} -.33
01[10:36] {@Threei}  1:1
[10:37] {dino} out ctso .62, +.22
[10:37] {jfjf64} Vxx .05 brea
[10:41] {jfjf64} News??
[10:41] {dino} wday hl l .28
[10:44] {jfjf64} Dino keep eye uhs
[10:44] {dino} ok
[10:44] {jfjf64} Maybe nice reversal
[10:45] {dino} criminal investigation
[10:45] {dino} ll spike
[10:45] {jfjf64} Ll huge pop
[10:45] {jfjf64} Lol
[10:46] {jfjf64} Scanners workin
01[10:46] {@Threei}  LL EPA indicates the company is in compliance with National rules; reiterates in process of setting limits
[10:46] {dino} giddy-up on my calls then
[10:50] {dino} if ll report correct, it should go big
[10:51] {dino} out wday .81, +.53
01[10:51] {@Threei}  wtg
[10:54] {dino} ty
01[10:56] {@Threei} Long Setup:  LL  .80 break
01[10:56] {@Threei}  late
01[10:57] {@Threei}  stop .65
01[10:57] {@Threei}  1:1
01[10:58] {@Threei}  1:2
[10:58] {jfjf64} Missed it
01[10:59] {@Threei}  pulled back right into trigger
[11:00] {jfjf64} Yeah I know wasn't on it
01[11:02] {@Threei}  out in full +.50
[11:04] {jfjf64} Good job vg
[11:05] {dino} gj
01[11:06] {@Threei}  ty
01[11:12] {@Threei} Long Setup:  IWM  .25 break
01[11:12] {@Threei}  If holds  .15
01[11:14] {@Threei}  1:1
[11:27] {jfjf64} Vxx .85 break
[11:37] {jfjf64} Out flat
[11:38] {jfjf64} Going to lunch good session see after lunch 2 ish
[11:39] {dino} wday hl l .61
01[11:52] {@Threei}  action died
[11:53] {dino} out wday .25, +.64
01[11:53] {@Threei}  wtg
[11:53] {dino} ty
01[11:58] {@Threei}  gotta take a break too, this immobile market can drivve one crazy
01[11:58] {@Threei}  be back in an hour
01[13:03] {@Threei}  yeah... just where I left it, lol
06[13:16] * @Threei slaps Chaeron around a bit with a large roll of cash
01[13:20] {@Threei} Long Setup:  IWM  .65 break
01[13:20] {@Threei}  If holds  .55
[13:20] {dino} feels like yesterday, gearing up for drop
01[13:21] {@Threei}  could be...
01[13:21] {@Threei}  stop to .59
01[13:26] {@Threei}  1:1
[13:27] {dino} gj
01[13:28] {@Threei}  ty
01[13:28] {@Threei}  10 cents in just 6 min - not a small feat in this market
[13:28] {dino} wday channel using vwap as bottom
01[13:31] {@Threei}  1:2
01[13:32] {@Threei}  in merely 10 min
01[13:32] {@Threei}  man, I am on fire
01[13:32] {@Threei}  chaeron fainted seeing such craft
[13:34] {dino} damn, missed it
01[13:42] {@Threei}  1:3
01[13:43] {@Threei}  1:4
01[13:43] {@Threei}  out
[13:43] {dino} gj
01[13:44] {@Threei}  ty
[13:48] {Chaeron} hey everybody... nice one vad. Sorry... was tied on phone.
01[13:48] {@Threei}  :)
[14:05] {dino} wday hl l .70
[14:16] {dino} wday stop .41 -.29
[14:22] {dino} wday hl l .50
[14:26] {dino} not working, stopped
[14:27] {jfjf64} What's up boys
[14:27] {dino} morning was better
01[14:28] {@Threei}  missed 1:4, jf
[14:28] {dino} 6/7 a.m.; 1/3 now
[14:28] {dino} 1/3 p.m. i mean
[14:28] {jfjf64} What symbol
01[14:29] {@Threei}  [13:20] {@Threei} Long Setup: IWM .65 break
01[14:29] {@Threei}  [13:20] {@Threei} If holds .55
[14:29] {jfjf64} Nice job
[14:30] {dino} wday last 5 trades, 2/5 on it, but in the black slightly on it. well in black from morning trades
[14:30] {jfjf64} Trade ideas scanner put nice scanner together for options
[14:31] {jfjf64} Dyax highest call vol today
[14:31] {dino} feels like yesterday afternoon, matbe big drop in making again
[14:32] {dino} maybe
[14:32] {dino} jf, funny dyax, i shorted it earlier
[14:33] {jfjf64} I remember
[14:33] {jfjf64} Highest put vol also
[14:33] {jfjf64} Lol
[14:33] {dino} phase 1 and orphan, not sure i'd buy calls at +8
[14:34] {jfjf64} Missed 1/4 that's what I get for eating lunch
[14:46] {dino} rinsed
[14:54] {jfjf64} I'm long tna 88.45
01[15:05] {@Threei} Long Setup:  CELG  114 break
[15:05] {dino} what stock jf?
[15:05] {dino} oh tna, sorry
01[15:05] {@Threei}  If holds  .80
01[15:07] {@Threei}  nah
[15:11] {jfjf64} Krft new hod
[15:18] {jfjf64} .75 s krft
[15:19] {jfjf64} Hold hod
[15:20] {jfjf64} Meh
01[15:28] {@Threei} Long Setup:  VXX  .85 break
01[15:34] {@Threei}  no go
01[15:34] {@Threei}  news
[15:38] {jfjf64} Lo .65 break
01[15:39] {@Threei}  [LO] LO Hearing M&A blog speculating the deal with RAI will receive FTC clearance without any major transformational adjustments to operations
01[15:45] {@Threei}  ok, no more trades today, good day as it is
01[15:45] {@Threei}  thank you all, have a good evening
01[15:45] {@Threei}  see you tomorrow
[15:45] {jfjf64} Ty good day
[15:45] {dino} calling it a day too, good one, gn all