TradeTheNews.com Weekly
Market Update: Global Central Banks Still Got the Markets' Back
Fri, 22 May 2015 16:08 PM EST
Assured by an apparent stabilization in global interest rates, market
participants sent global equities higher this week on central bank largess and
any scrap of perceived good news to hit the tape. In Europe, indices saw a
marked upturn despite the emerging sense that Greece was headed for default,
while the Shanghai Composite notched seven-year highs on a 7% gain for the
week. After emerging from recession in Q4, Japan's Q1 GDP report was even
better, growing by its highest rate in a year on an annualized basis at +2.4%. China
data remained soft, but the implicit promise of more PBoC support no matter
what kept stocks boisterous. US May data was tepid, and the FOMC minutes gave a
strong feeling that the Fed would not be raising rates before September. Fed
Chair Yellen's Friday afternoon speech did little to alter that notion. There
was mixed economic data in Europe, but comments by ECB's Coeure that the ECB
would front-load its QE purchases because of the seasonal lack of liquidity in
the summer helped gird markets. The US 10-year yield is held near its 200 day
moving average just above 2.2% and the Greenback found some buyers. The DJIA
and S&P500 saw fresh all-time highs before some very modest selling late in
the week, while the Nasdaq approached recent all-time highs. For the week, the
DJIA ended down 0.2%, the S&P500 gained 0.2% and the Nasdaq rose 0.8%.
Weak May US economic data points further contributed to the feeling that the
Fed would have a very hard time raising rates any time soon. The headline
Markit May manufacturing PMI reading was softer for a second consecutive month,
dropping to its lowest level since January 2014. Overseas markets continue to
be a source of trouble: exports have fallen for two months and manufacturers
warned the strong dollar was a big drag on their competitiveness in external
markets. Meanwhile the May Philly Fed outlook dropped to 6.7 from 7.5 in April
(which had been a four-month high). The NAHB survey of homebuilder confidence
slipped lower in May, dropping to 54 from 56 in April, and missed expectations.
Following the data, it was hard not to read deeply into this line from the FOMC
minutes: "Many participants thought it unlikely that the data available in
June would provide sufficient confirmation that the conditions for raising the
target range had been satisfied." Yellen followed the minutes up by
reiterating monetary policy would remain data dependent, and emphasized that
though the economy continues to progress down the path towards rate
normalization this year, the threshold for inflation/wages has not been met
yet.
April US housing data reflects the choppy, fits-and-starts nature of the
recovery so far. Housing starts rose in April to their highest level since
November of 2007. Starts jumped more than 20% sequentially to 1.135 million,
for the biggest m/m gain in 25 years. Starts for single-family homes hit their
highest level since January 2008. April existing home sales declined slightly
from March's very strong showing, due to a lack of supply more than anything
else.
Another week and another summit has passed without a deal between Greece and
its European creditors. Stale rhetoric was heard from both sides about
"progress being made" and "concessions being discussed."
Greece warned it needed a deal by June in order to make a series of large
payments. More tellingly, there were reports that the IMF was not interested in
being a party to the Greece situation after June, while late in the week German
Finance Minister Wlfgang Schaeuble would not rule out Greek default as a
possible outcome and mentioned (at a private event) that Greece may need a
parallel currency alongside the euro if the country's talks with creditors
fail. The Euro fell below the support level of 1.1060 in Fridays session. The
Coeure comments on QE helped spark a general resurgence in the Greenback early
on, while consternation surrounding Greece and Friday's hotter than expected
core US CPI weighed on the Euro further.
Airline stocks stalled in a big way this week as the downsides of lower fuel
prices emerged. Southwest hiked its capacity growth rate for 2015 to +8% from
+7%, citing higher profitability due in part to cheap fuel lowering costs.
After years of keeping capacity on a short leash, investors saw the move as the
beginning of a competitive scramble by the airlines, and shares of the US
majors were down ~12% a piece on the week, and below 200-day moving averages.
The correction in airlines stocks helped push the Dow Jones Transports to new
multi-month lows. Some analysts warned about the negative implications of the
move, while others argued falling oil prices trumped "Dow Theory" in
this case.
Whether quarterly results were good or bad, shares of big chain retailers lost
ground this week. Walmart lost 4% on the week after the firm missed revenue
expectations in its first-quarter report. Best Buy saw momentary gains after
EPS topped expectations, but revenue and earnings were down considerably on a
y/y basis (thanks to the firm winding down its Canada operations). The home
improvement names had contrasting first-quarter results - Home Depot beat
expectations across the board, Loews did the opposite - but shares of both lost
ground on the week. Apparel names TJX and American Eagle racked up good gains
on solid quarterly results, including very good comp growth. The Gap gapped
lower as comps remained negative.
Six global banks - Bank of America, Citicorp, JPMorgan, Barclays, UBS and Royal
Bank of Scotland - agreed to pay $5.8 billion and five of them agreed to plead
guilty to charges tied to a FX market rigging investigation. UBS was granted
immunity for its cooperation in the investigation. Separately, the Federal
Reserve imposed fines of more than $1.6 billion on the five banks for
"unsafe and unsound practices."
On the M&A front, CVS Health reached a deal to acquire pharmacy services
provider Omnicare for about $12.7 billion, or $98 per share in cash plus $2.3
billion of Omnicare's debt. Omnicare is the largest provider of pharmaceutical
services in nursing homes in the US. Time Warner Cable was back in the
headlines as French cable giant Altice was reported to be holding talks to
acquire the company. Altice's CEO later said at a conference that there were
interesting opportunities for consolidation in the US, expect to be "right
in the middle" of US cable consolidation. On Friday Salesforce.com popped
again after CNBC's confirmed talks between MSFT and CRM progressed recently but
the two companies' CEOs were unable to agree on price.
Shanghai Composite marched to a fresh 7-year high above 4,650, ending the week
on a high note with an over 8% gain. The early look at May performance has done
little to deter the PBoC from maintaining its increasingly more proactive
easing path, as HSBC preliminary manufacturing PMI remained in contraction for
the 3rd straight month. 49.1 print was below 49.3 expected, and the
closely-watched component of new export orders also switched to contraction
from expansion. In turn, the equity rally continues to be infused with
explosion in retail trading activity, as the latest data showed China total
margin debt hit a fresh record high of CNY2.01T, up nearly 5% in just a week.
Nikkei225 was also up moderately, racking up a 2.7% to finish above 20,250
after testing its own multi-year high above 20,300. Q1 GDP expanded for the 2nd
consecutive quarter, this time at a more impressive pace of 2.4% on the year -
a year high. The most impressive gains were made in the residential investment
component, while private consumption continued its steady rise. As speculated
after the release of the GDP data, the Bank of Japan took note of both of these
trends in its latest monetary policy statement and raised the assessment of
housing and consumption. Although the BOJ saw no progress on inflation with
expectation of flat prices remaining, the improvement in other areas also
allowed policymakers to lift their overall assessment for the first time in
nearly 2 years.
Friday, May 22, 2015
May 22 2015
Decent morning after which we took long weekend early. Two nice longs on IWM for 1:4 and FB for 1:2 at the end helped nicely.
Session Time: Fri May 22 00:00:01 2015
[09:26] {nemo} suprisingly good spy volume this morning
01[09:27] {@Threei} market is happy to see any drop
[09:27] {jfjf64} Morni
01[09:27] {@Threei} jf :)
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -LONG +35% (completed sale of its 62.4% stake in company for a total of $671M)
01[09:28] {@Threei} -ONTY +22% (Feuerstein mailbag citing potential on ONTY's ONT-380 if data at ASCO is positive)
01[09:28] {@Threei} -EROC +16% (said to be acquired by Vanguard Natural Partners for $614M)
01[09:28] {@Threei} -FRO +7.3% (container freight rates for Asia to Northern Europe said to see largest decline since '08)
01[09:28] {@Threei} -CTRP +6% (LONG deal)
01[09:28] {@Threei} -SGYP +5.6% (positive broker commentary)
01[09:28] {@Threei} -QURE +5.6% (positive broker commentary)
01[09:28] {@Threei} -TNP +5% (earnings)
01[09:28] {@Threei} -SHAK +4% (company reportedly looking to open a chain of chicken restaurants)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -OTIC -20% (reported Phase 2b topline data for OTO-104 in Meniere's disease)
01[09:28] {@Threei} -VGGL -17% (priced 3.63M shares at $2.50/shr)
01[09:28] {@Threei} -ISR -10% (hearing company attempted to raise funds yesterday)
01[09:28] {@Threei} -NVEE -5% (prices 1.43M share offering at $19.50/shr)
01[09:28] {@Threei} -HIBB -3.7% (earnings)
01[09:32] {@Threei} Short Setup: FB .40 break
01[09:32] {@Threei} If holds .50
01[09:34] {@Threei} 1:1
01[09:37] {@Threei} Long Setup: IWM .85 break
01[09:37] {@Threei} If holds .75
01[09:39] {@Threei} 1:1
01[09:51] {@Threei} Long Setup: FB .70 break
01[09:51] {@Threei} If holds .60
01[09:54] {@Threei} Invalidated
01[09:57] {@Threei} 1:2 IWM
[10:07] {nemo} aapl driving indexes
01[10:12] {@Threei} Long Setup: FB .60 break
01[10:12] {@Threei} If holds .50
[10:12] {nemo} whoa
01[10:14] {@Threei} 1:1
01[10:14] {@Threei} 1:2
[10:15] {nemo} blew right by my entry
01[10:15] {@Threei} [YHOO] Ticking higher on China press speculation that BABA could seek to acquire the company to avoid issues related to IRS spin off scrutiny
01[10:16] {@Threei} YHOO span off BABA... BABA ate YHOO...
01[10:16] {@Threei} something biblical about that
[10:31] {cosmo} snake eats it tail
[10:31] {cosmo} its
[10:31] {jfjf64} Dgx
[10:31] {jfjf64} Para
01[10:31] {@Threei} what happens if it chews toward the head?
[10:32] {cosmo} tail eats it's head...hmm
[10:34] {jfjf64} Halted
[10:37] {drewj} Is dino golfing again?
01[10:38] {@Threei} 15:55] {dino} taking tomorrow off, see you tuesday
[10:38] {drewj} Vad CAT long?
01[10:38] {@Threei} can't tell
01[10:39] {@Threei} chart looks good by itself,
01[10:39] {@Threei} but I am not delighted by it in context of general market
[10:39] {drewj} ok
01[10:39] {@Threei} SPY is at day's high,
01[10:39] {@Threei} CAT is barely raisning from the low
[10:39] {drewj} So it's weak
[10:54] {drewj} Vad when would you look for a reversal then?
[10:54] {drewj} In context of the whole market
01[10:55] {@Threei} when setup presents itself
01[10:55] {@Threei} so far nothing happens
[10:56] {drewj} right but how does the setup relate to the context of the market?
01[10:56] {@Threei} for instance:
01[10:57] {@Threei} CAT stays near low while market goes up, market pulls back, CAT breaks the low - here is my short setup
[10:57] {drewj} So weak stock on market weakeness
[10:57] {drewj} strong stock on market strength
01[10:57] {@Threei} yup
[10:58] {drewj} nice...so simple
[10:58] {drewj} yet......hard to see
[10:58] {drewj} so that's why you stay away from stand alone setups
01[10:59] {@Threei} well, not entirely, sometimes they can be of use,
01[10:59] {@Threei} but for the most part, yes, market provides support
01[11:00] {@Threei} and guidance
[11:00] {drewj} those tend to need extra momentum right?
[11:00] {drewj} that's how dino does his thing
01[11:00] {@Threei} I'd say, different source of momentum
[11:00] {drewj} like news
01[11:00] {@Threei} news for instance
[11:00] {drewj} excellent boss!
[11:01] {drewj} Finally makes sense to me
[11:01] {drewj} sheesh
[11:01] {drewj} took long enough
[11:16] {jfjf64} Fb bounce here
[11:16] {jfjf64} .85
01[11:17] {@Threei} good one
[11:18] {jfjf64} Quick 10 cents
[11:19] {jfjf64} Mkt ??
[11:22] {jfjf64} Watchin tmus
01[11:27] {@Threei} Long Setup: VXX .70 breajk
01[11:30] {@Threei} If holds .65
01[11:42] {@Threei} meh
[11:45] {jfjf64} Iwm .30
[11:45] {jfjf64} My last play
01[11:47] {@Threei} Long Setup: FB .05 break
01[11:47] {@Threei} If holds .95
[11:50] {jfjf64} Iwm
[11:59] {jfjf64} Finally 1:1
[11:59] {jfjf64} Let's go fb
01[12:05] {@Threei} 1:1
01[12:07] {@Threei} DGX Refuses comment on rumors or speculation
01[12:08] {@Threei} IWM 1:2
01[12:09] {@Threei} 1:2
01[12:12] {@Threei} IWM 1:4
01[12:12] {@Threei} got this drive right, eh jf?
01[12:13] {@Threei} The euro took another big leg lower this morning on reports that German Finance Minister Schaeuble discussed the possibility of a parallel currency for Greece in a private discussion
01[12:13] {@Threei} man...
01[12:13] {@Threei} there is parallel currency... called drahma
[12:31] {jfjf64} Yes
[12:31] {jfjf64} Nice iwm
[12:31] {jfjf64} Nice fb
[12:32] {jfjf64} Yoku break here
[12:32] {jfjf64} Try
[12:33] {jfjf64} Any takers
[12:35] {jfjf64} Roast pork lo mein tonight
[12:35] {jfjf64} Ty yoku
01[12:35] {@Threei} lol
[12:36] {jfjf64} They have good Chinese food in victoria
01[12:37] {@Threei} by reviews, yes
01[12:37] {@Threei} no my own experience, I am not too keen on chinese
[12:38] {jfjf64} I enjoy it
[12:40] {jfjf64} Ci s .60
[12:40] {jfjf64} .70 break
[12:41] {jfjf64} Nope
[12:45] {jfjf64} .90
[12:45] {jfjf64} Last try
[12:46] {jfjf64} Meh
[12:47] {jfjf64} Done enjoy weekend all
01[12:47] {@Threei} see you Tiesday jf
[12:47] {jfjf64} Yes
01[12:47] {@Threei} ok guys, ready for long weekend?
[12:47] {jfjf64} D top ci
[12:47] {jfjf64} Enjoy all
01[12:48] {@Threei} if we had empty afternoons for two weeks at least, the one on Fri before long weekend is guaranteed to be dead
01[12:48] {@Threei} so, let's get some rest, have fun and see you Tuesday!
[12:48] {jfjf64} Lots food drink
[12:49] {drewj} enjoy guys
[12:49] {drewj} thank you vg
Session Time: Fri May 22 00:00:01 2015
[09:26] {nemo} suprisingly good spy volume this morning
01[09:27] {@Threei} market is happy to see any drop
[09:27] {jfjf64} Morni
01[09:27] {@Threei} jf :)
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -LONG +35% (completed sale of its 62.4% stake in company for a total of $671M)
01[09:28] {@Threei} -ONTY +22% (Feuerstein mailbag citing potential on ONTY's ONT-380 if data at ASCO is positive)
01[09:28] {@Threei} -EROC +16% (said to be acquired by Vanguard Natural Partners for $614M)
01[09:28] {@Threei} -FRO +7.3% (container freight rates for Asia to Northern Europe said to see largest decline since '08)
01[09:28] {@Threei} -CTRP +6% (LONG deal)
01[09:28] {@Threei} -SGYP +5.6% (positive broker commentary)
01[09:28] {@Threei} -QURE +5.6% (positive broker commentary)
01[09:28] {@Threei} -TNP +5% (earnings)
01[09:28] {@Threei} -SHAK +4% (company reportedly looking to open a chain of chicken restaurants)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -OTIC -20% (reported Phase 2b topline data for OTO-104 in Meniere's disease)
01[09:28] {@Threei} -VGGL -17% (priced 3.63M shares at $2.50/shr)
01[09:28] {@Threei} -ISR -10% (hearing company attempted to raise funds yesterday)
01[09:28] {@Threei} -NVEE -5% (prices 1.43M share offering at $19.50/shr)
01[09:28] {@Threei} -HIBB -3.7% (earnings)
01[09:32] {@Threei} Short Setup: FB .40 break
01[09:32] {@Threei} If holds .50
01[09:34] {@Threei} 1:1
01[09:37] {@Threei} Long Setup: IWM .85 break
01[09:37] {@Threei} If holds .75
01[09:39] {@Threei} 1:1
01[09:51] {@Threei} Long Setup: FB .70 break
01[09:51] {@Threei} If holds .60
01[09:54] {@Threei} Invalidated
01[09:57] {@Threei} 1:2 IWM
[10:07] {nemo} aapl driving indexes
01[10:12] {@Threei} Long Setup: FB .60 break
01[10:12] {@Threei} If holds .50
[10:12] {nemo} whoa
01[10:14] {@Threei} 1:1
01[10:14] {@Threei} 1:2
[10:15] {nemo} blew right by my entry
01[10:15] {@Threei} [YHOO] Ticking higher on China press speculation that BABA could seek to acquire the company to avoid issues related to IRS spin off scrutiny
01[10:16] {@Threei} YHOO span off BABA... BABA ate YHOO...
01[10:16] {@Threei} something biblical about that
[10:31] {cosmo} snake eats it tail
[10:31] {cosmo} its
[10:31] {jfjf64} Dgx
[10:31] {jfjf64} Para
01[10:31] {@Threei} what happens if it chews toward the head?
[10:32] {cosmo} tail eats it's head...hmm
[10:34] {jfjf64} Halted
[10:37] {drewj} Is dino golfing again?
01[10:38] {@Threei} 15:55] {dino} taking tomorrow off, see you tuesday
[10:38] {drewj} Vad CAT long?
01[10:38] {@Threei} can't tell
01[10:39] {@Threei} chart looks good by itself,
01[10:39] {@Threei} but I am not delighted by it in context of general market
[10:39] {drewj} ok
01[10:39] {@Threei} SPY is at day's high,
01[10:39] {@Threei} CAT is barely raisning from the low
[10:39] {drewj} So it's weak
[10:54] {drewj} Vad when would you look for a reversal then?
[10:54] {drewj} In context of the whole market
01[10:55] {@Threei} when setup presents itself
01[10:55] {@Threei} so far nothing happens
[10:56] {drewj} right but how does the setup relate to the context of the market?
01[10:56] {@Threei} for instance:
01[10:57] {@Threei} CAT stays near low while market goes up, market pulls back, CAT breaks the low - here is my short setup
[10:57] {drewj} So weak stock on market weakeness
[10:57] {drewj} strong stock on market strength
01[10:57] {@Threei} yup
[10:58] {drewj} nice...so simple
[10:58] {drewj} yet......hard to see
[10:58] {drewj} so that's why you stay away from stand alone setups
01[10:59] {@Threei} well, not entirely, sometimes they can be of use,
01[10:59] {@Threei} but for the most part, yes, market provides support
01[11:00] {@Threei} and guidance
[11:00] {drewj} those tend to need extra momentum right?
[11:00] {drewj} that's how dino does his thing
01[11:00] {@Threei} I'd say, different source of momentum
[11:00] {drewj} like news
01[11:00] {@Threei} news for instance
[11:00] {drewj} excellent boss!
[11:01] {drewj} Finally makes sense to me
[11:01] {drewj} sheesh
[11:01] {drewj} took long enough
[11:16] {jfjf64} Fb bounce here
[11:16] {jfjf64} .85
01[11:17] {@Threei} good one
[11:18] {jfjf64} Quick 10 cents
[11:19] {jfjf64} Mkt ??
[11:22] {jfjf64} Watchin tmus
01[11:27] {@Threei} Long Setup: VXX .70 breajk
01[11:30] {@Threei} If holds .65
01[11:42] {@Threei} meh
[11:45] {jfjf64} Iwm .30
[11:45] {jfjf64} My last play
01[11:47] {@Threei} Long Setup: FB .05 break
01[11:47] {@Threei} If holds .95
[11:50] {jfjf64} Iwm
[11:59] {jfjf64} Finally 1:1
[11:59] {jfjf64} Let's go fb
01[12:05] {@Threei} 1:1
01[12:07] {@Threei} DGX Refuses comment on rumors or speculation
01[12:08] {@Threei} IWM 1:2
01[12:09] {@Threei} 1:2
01[12:12] {@Threei} IWM 1:4
01[12:12] {@Threei} got this drive right, eh jf?
01[12:13] {@Threei} The euro took another big leg lower this morning on reports that German Finance Minister Schaeuble discussed the possibility of a parallel currency for Greece in a private discussion
01[12:13] {@Threei} man...
01[12:13] {@Threei} there is parallel currency... called drahma
[12:31] {jfjf64} Yes
[12:31] {jfjf64} Nice iwm
[12:31] {jfjf64} Nice fb
[12:32] {jfjf64} Yoku break here
[12:32] {jfjf64} Try
[12:33] {jfjf64} Any takers
[12:35] {jfjf64} Roast pork lo mein tonight
[12:35] {jfjf64} Ty yoku
01[12:35] {@Threei} lol
[12:36] {jfjf64} They have good Chinese food in victoria
01[12:37] {@Threei} by reviews, yes
01[12:37] {@Threei} no my own experience, I am not too keen on chinese
[12:38] {jfjf64} I enjoy it
[12:40] {jfjf64} Ci s .60
[12:40] {jfjf64} .70 break
[12:41] {jfjf64} Nope
[12:45] {jfjf64} .90
[12:45] {jfjf64} Last try
[12:46] {jfjf64} Meh
[12:47] {jfjf64} Done enjoy weekend all
01[12:47] {@Threei} see you Tiesday jf
[12:47] {jfjf64} Yes
01[12:47] {@Threei} ok guys, ready for long weekend?
[12:47] {jfjf64} D top ci
[12:47] {jfjf64} Enjoy all
01[12:48] {@Threei} if we had empty afternoons for two weeks at least, the one on Fri before long weekend is guaranteed to be dead
01[12:48] {@Threei} so, let's get some rest, have fun and see you Tuesday!
[12:48] {jfjf64} Lots food drink
[12:49] {drewj} enjoy guys
[12:49] {drewj} thank you vg
Thursday, May 21, 2015
May 21 2015
About flat day, a few too many rinses which offset our profitable trades.
Session Time: Thu May 21 00:00:00 2015
[09:06] {dino} gm 3i
01[09:06] {@Threei} dino :)
01[09:23] {@Threei} Accidentally discovered near Kenya's Lake Turkana, 3.3 million-year-old artifacts reveal that our ancestors were shaping rocks into tools seven hundred thousands of years earlier than thought.
[09:26] {nemo} DG
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -CTP +36% (agreed to exclusive acquisition talks with DHR International BELOW prior $7/shr offer)
01[09:27] {@Threei} -AMPE +28% (positive data in Optina study for treating Diabetic Macular Edema)
01[09:27] {@Threei} -CALA +20% (initial Phase 1 data for CB-839 in acute leukemia)
01[09:27] {@Threei} -PRAN +18% (strength attributed to announcement related to the publication of minutes from the EMA regarding the previously announced Orphan drug designation for PBT2)
01[09:27] {@Threei} -BLUE +12% (LentiGlobin data & Feuerstein comments)
01[09:27] {@Threei} -MNGA +11% (no news seen)
01[09:27] {@Threei} -BBY +8% (earnings & guidance)
01[09:27] {@Threei} -TSL +7% (earnings)
01[09:27] {@Threei} -CYTR +16% (data)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -WAVX -26% (announced public offering of common stock & warrants for indeterminate amount)
01[09:27] {@Threei} -LL -19% (resignation of CEO Lynch, Founder Sullivan acting as interim CEO)
01[09:27] {@Threei} -XNET -15% (earnings)
01[09:27] {@Threei} -NTAP -12% (earnings)
01[09:27] {@Threei} -RXII -12% (offering 22.5M units in secondary offering)
01[09:27] {@Threei} -RXN -12% (earnings)
01[09:27] {@Threei} -BRKR -10% (announced resignation of CFO & appointment of interim CFO)
01[09:27] {@Threei} -DLTR -4.4% (earnings)
01[09:32] {@Threei} Long Setup: IWM .80 break
01[09:32] {@Threei} If holds .70
01[09:33] {@Threei} fast...
01[09:33] {@Threei} 1:1
01[09:34] {@Threei} Long Setup: FB .20 break
01[09:34] {@Threei} If holds .10
01[09:36] {@Threei} no go
01[09:39] {@Threei} Long Setup: FCX .05 break
01[09:39] {@Threei} If holds 21
01[09:39] {@Threei} FB rinse
01[09:41] {@Threei} Invalidated
[09:41] {dino} brkr sm l trigger .25
[09:43] {dino} cx brkr
01[09:43] {@Threei} Long Setup: TWTR .55 break
01[09:43] {@Threei} If holds .50
01[09:45] {@Threei} *(US) MAY PRELIMINARY MARKIT MANUFACTURING PMI: 53.8 V 54.5E
01[09:46] {@Threei} meh
[09:50] {dino} ll sm l .35
[09:50] {dino} brkr sm l .01
01[09:51] {@Threei} Long Setup: FB .15 break
01[09:51] {@Threei} If holds .05
01[09:55] {@Threei} 1:1
[09:58] {jfjf64} Yoku hod
01[10:00] {@Threei} *(US) APR EXISTING HOME SALES: 5.04M V 5.23ME
01[10:00] {@Threei} 10:00 *(EU) EURO ZONE MAY ADVANCE CONSUMER CONFIDENCE: -5.5 V -4.8E
01[10:00] {@Threei} *(US) APR LEADING INDEX: 0.7% V 0.3%E
01[10:01] {@Threei} Short Setup: CAT 89 break
01[10:01] {@Threei} If holds .10
[10:02] {dino} out ll .75, +.40
01[10:03] {@Threei} Invalidated
01[10:05] {@Threei} Long Setup: CAT .20 break
01[10:05] {@Threei} If holds .10
01[10:06] {@Threei} 1:1
[10:06] {dino} 07 green
[10:14] {dino} aap spike
[10:15] {dino} whoa
01[10:15] {@Threei} Long Setup: FB .25 break
01[10:15] {@Threei} change to .20
01[10:15] {@Threei} If holds .10
[10:16] {dino} out brkr .46, +.45
01[10:16] {@Threei} wtg
[10:18] {dino} ty
[10:22] {nemo} lotsa' volume at .50 on BRKR
[10:23] {dino} yeah, see that, break may shoot it up
[10:23] {nemo} VWAP probably good floor
[10:24] {dino} wuba drop
01[10:24] {@Threei} 1:1
[10:24] {dino} gj
[10:25] {jfjf64} Adbe
[10:26] {dino} took .50
[10:26] {dino} brkr
[10:26] {nemo} seller came right back
[10:27] {dino} thick sucker
[10:27] {dino} or "fatty"
[10:29] {dino} dltr spike
01[10:30] {@Threei} (GR) Germany Chancellor Merkel and France President Hollande to meet later today with Greece PM Tsipras on sidelines of Riga summit
[10:30] {dino} wtf dltr, all misses
[10:30] {jfjf64} Wanted that break missed
01[10:31] {@Threei} Tsipras: I'll bring retzina
[10:31] {jfjf64} Esrx
01[10:31] {@Threei} Hollande: oppa!
[10:31] {dino} ffffffffuuuuuuuuuuuuuuu#kkkkkkkkkkkkkkkkkkk missed dltr
[10:31] {nemo} dino swears...wow
[10:32] {dino} too much, plus pounds fist on desk
01[10:32] {@Threei} FB 1:3
[10:32] {nemo} both dltr and dg started down, both strong
[10:33] {dino} gj 3i
[10:33] {dino} dltr hod
[10:33] {nemo} tough frickin' market and summer hasn't begun yet
[10:34] {dino} dltr, misses, lowers, and lowers
[10:34] {nemo} bad news is good
[10:35] {dino} sm s .70
[10:36] {dino} stop .91
[10:41] {dino} cov dltr .85 -.15
01[10:50] {@Threei} FB skyrocketing
[10:52] {jfjf64} Yeah
[10:53] {jfjf64} Without us
[10:53] {jfjf64} Lol
01[10:53] {@Threei} Short Setup: MCD .30 break
01[10:53] {@Threei} If holds .40
[11:02] {drewj} hey guys
01[11:02] {@Threei} Invalidated
01[11:02] {@Threei} hi drew
[11:03] {drewj} how's the day?
01[11:03] {@Threei} decent
[11:06] {dino} good
01[11:06] {@Threei} Short Setup: TWTR .65 break
01[11:06] {@Threei} If holds .75
[11:07] {jfjf64} Ll .35 long
01[11:12] {@Threei} Long Setup: TWTR .75 break
01[11:12] {@Threei} If holds .65
[11:13] {dino} dltr sm s .80
[11:19] {jfjf64} .51 line support dino
[11:19] {jfjf64} Break that good to go
[11:20] {dino} yeah, watching it, should go to 79.00
[11:21] {dino} tough
[11:24] {jfjf64} .51
[11:24] {jfjf64} Break it down Dino boy
[11:25] {jfjf64} 1:2 ll
[11:25] {dino} gj
[11:28] {dino} starting to think, better worlds than dltr
[11:29] {jfjf64} We missed it
[11:29] {dino} that .41 bid stopped the drop
[11:33] {jfjf64} Nice
[11:33] {jfjf64} .91 next line
[11:33] {jfjf64} Good luck
[11:34] {dino} ty
[11:37] {jfjf64} .91 to penny
[11:37] {dino} cov .00, +.80 dltr, good world after all
[11:37] {jfjf64} These lines good
[11:37] {jfjf64} Gj dino
[11:37] {dino} ty, what lines you getting
[11:37] {jfjf64} 1:3 ll
[11:38] {dino} gj
[11:38] {jfjf64} Floor traders pivots
[11:38] {jfjf64} Use ninja charts
[11:38] {dino} ok
[11:39] {jfjf64} They on money
[11:39] {jfjf64} Scary
[11:39] {dino} seem to be
[11:40] {jfjf64} Next line 78.16 dltr
[11:40] {jfjf64} Lol
[11:41] {dino} 78.27 vwap
[11:43] {jfjf64} Just got divergence ind here
[11:43] {jfjf64} Bounce here
[11:43] {jfjf64} .80
[11:44] {jfjf64} .75
[11:44] {nemo} where'd u get in jf?
[11:44] {nemo} 79.75?
[11:44] {jfjf64} Didn't yet
[11:44] {nemo} what you looking long?
[11:44] {jfjf64} .75 trigger
[11:44] {jfjf64} Dltr
[11:45] {nemo} 79 roof
[11:46] {dino} ruth
[11:47] {nemo} wtf...kevin
[11:48] {dino} :)
[11:49] {dino} over daily, so taking it easy here through lunch
[11:49] {nemo} really? why don't you go drop some weights on your chest then
[11:50] {dino} i need too. but long road trip tonight w/son
[11:50] {dino} maybe take a nap
[11:50] {nemo} got ur binky?
[11:50] {drewj} lol
[11:51] {dino} lol
[11:52] {dino} coming into vwap
[11:54] {drewj} Vad how do you set your daily income goal?
[11:54] {nemo} he doesn't, he takes what the market gives him
[11:54] {drewj} hmmm
[11:54] {nemo} you hold too tightly to a goal, you'll start over trading
[11:54] {drewj} really?
[11:54] {jfjf64} Or how much vodka needs to buy
[11:55] {drewj} that I can see
[11:55] {jfjf64} Aapl
[11:55] {nemo} 1.75 liters usually lasts me about 2 days
[11:55] {drewj} wow like a fish
[11:55] {nemo} don't know many fish that drink vodka
[11:56] {jfjf64} Nemo is a fish
[11:56] {nemo} having said that, sounds like my kinda' fish
[11:56] {drewj} know any Russians?
[11:56] {nemo} wrong
[11:56] {nemo} Vad? do I know any Russians?
[11:56] {drewj} He
01[11:56] {@Threei} no idea... I am a jew from Ukraine
[11:56] {jfjf64} Lol
[11:56] {drewj} He's warming up with a punchline
[11:57] {drewj} You're Jewish?
[11:57] {nemo} Yes, one of my closest friends is Russian from Moscow
[11:57] {jfjf64} 78.16
[11:57] {jfjf64} Dltr line
01[11:57] {@Threei} drew, yes but consider that there is cultural difference in the definition
[11:58] {drewj} I'm sure
01[11:58] {@Threei} for north americans it largely means religion
01[11:58] {@Threei} for east europenas, ethnicity
[11:59] {drewj} I recognize that. Also levels of respect vary.
01[11:59] {@Threei} so, if you can envision agnostic jew, that would be it :)
[11:59] {nemo} at least he's not kazhak
01[11:59] {@Threei} not in the least
[11:59] {nemo} or chechen
01[11:59] {@Threei} nor am I a cossack
[12:00] {nemo} or tartar
[12:00] {nemo} dg coming in
[12:00] {drewj} I had asked about daily goals Vad...is that what you do?
01[12:01] {@Threei} nemo's answered for me, so I didn;t bother :)
01[12:01] {@Threei} no goals here
[12:01] {nemo} told ya'
[12:01] {nemo} nobody ever listens to me
01[12:01] {@Threei} what I have instead is:
[12:01] {drewj} what nemo?
01[12:02] {@Threei} certain amount after which I switch to profit preservation mode
[12:02] {nemo} not talking
[12:02] {drewj} ok
01[12:03] {@Threei} what is profit preservation mode, you ask,
01[12:03] {@Threei} and boy, do I have an answer for you
[12:03] {nemo} no, he didn't
01[12:03] {@Threei} http://blog.realitytrader.com/2011/10/profit-how-do-you-handle-it.html
[12:03] {nemo} oh jeez
01[12:03] {@Threei} {GGG}
[12:03] {drewj} You read my mind
01[12:03] {@Threei} see nemo?
[12:04] {nemo} inside the mind of drewj...have fun Vad
01[12:04] {@Threei} and you wonder why I drink
01[12:05] {@Threei} nemo: no I don't
01[12:05] {@Threei} see? I am inside your mind too
[12:05] {nemo} as if you need the excuse
[12:05] {dino} as long as thats all
01[12:05] {@Threei} ewww
01[12:07] {@Threei} time for Ron to come back from vacation... I need some sane counterbalance to you'll
01[12:08] {@Threei} and I am scared to think ese might come back before Ron
[12:08] {nemo} maybe he'll help you with your grammar
01[12:08] {@Threei} nah, that ship has sailed
[12:09] {jfjf64} I'm at my goal going to lunch
[12:10] {jfjf64} Lol
[12:11] {jfjf64} Vg take nap we need 1:5 after lunch
01[12:13] {@Threei} ok
01[12:43] {@Threei} US stocks are not far off session highs as today's bad news is just bad enough to look like good news to market participants. The message seems to dovetail with yesterday's FOMC minutes, which suggested that even September might be too early for Fed rate hikes.
01[12:51] {@Threei} Short Setup: GLD .50 break
01[12:51] {@Threei} If holds .60
[12:53] {nemo} CRM
[13:51] {dino} smg drop
[14:05] {drewj} dino are you still in those anip calls?
[14:06] {dino} yes
01[14:13] {@Threei} be back in 27m 48s
[14:13] {drewj} don't be late
[14:13] {nemo} you lie
[14:34] {jfjf64} Hey lunch over
[14:34] {jfjf64} Anything going on
01[14:37] {@Threei} not yet
01[14:37] {@Threei} but soon
[14:45] {dino} back in 30
[14:45] {nemo} why bother?
[14:46] {dino} made 100 bucks at 3:30 yesterday
[14:46] {nemo} do I want to know how?
[14:46] {dino} shorted gbx spike
[14:46] {dino} gotta hop
01[14:47] {@Threei} Long Setup: FB .70 break
01[14:47] {@Threei} If holds .60
01[14:58] {@Threei} change to .60 break
01[14:58] {@Threei} If holds .55
[15:01] {jfjf64} Got filled .71
01[15:13] {@Threei} not delighted
01[15:20] {@Threei} watching VXX
01[15:24] {@Threei} Long Setup: VXX .75 break
01[15:31] {@Threei} If holds .68
01[15:33] {@Threei} change to .70
01[15:33] {@Threei} If holds .65
[15:36] {dino} jmei spike
01[15:36] {@Threei} Invalidated
01[15:37] {@Threei} Long Setup: FB .55 break
01[15:37] {@Threei} If holds .45
01[15:37] {@Threei} last attempt
[15:41] {dino} damn, jmei was the one
01[15:46] {@Threei} 1:1
[15:47] {dino} hchc spike
[15:49] {dino} hchc hl s .79
[15:50] {jfjf64} Hchc
[15:50] {jfjf64} K
[15:51] {dino} diiieeee
[15:52] {jfjf64} Tmus August 40 calls being bought 2 nd straight day
[15:54] {jfjf64} Done boys Ty
[15:54] {dino} gj jf
01[15:54] {@Threei} thank you all
01[15:54] {@Threei} hasve a good evening, see you tomorrow
Session Time: Thu May 21 00:00:00 2015
[09:06] {dino} gm 3i
01[09:06] {@Threei} dino :)
01[09:23] {@Threei} Accidentally discovered near Kenya's Lake Turkana, 3.3 million-year-old artifacts reveal that our ancestors were shaping rocks into tools seven hundred thousands of years earlier than thought.
[09:26] {nemo} DG
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -CTP +36% (agreed to exclusive acquisition talks with DHR International BELOW prior $7/shr offer)
01[09:27] {@Threei} -AMPE +28% (positive data in Optina study for treating Diabetic Macular Edema)
01[09:27] {@Threei} -CALA +20% (initial Phase 1 data for CB-839 in acute leukemia)
01[09:27] {@Threei} -PRAN +18% (strength attributed to announcement related to the publication of minutes from the EMA regarding the previously announced Orphan drug designation for PBT2)
01[09:27] {@Threei} -BLUE +12% (LentiGlobin data & Feuerstein comments)
01[09:27] {@Threei} -MNGA +11% (no news seen)
01[09:27] {@Threei} -BBY +8% (earnings & guidance)
01[09:27] {@Threei} -TSL +7% (earnings)
01[09:27] {@Threei} -CYTR +16% (data)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -WAVX -26% (announced public offering of common stock & warrants for indeterminate amount)
01[09:27] {@Threei} -LL -19% (resignation of CEO Lynch, Founder Sullivan acting as interim CEO)
01[09:27] {@Threei} -XNET -15% (earnings)
01[09:27] {@Threei} -NTAP -12% (earnings)
01[09:27] {@Threei} -RXII -12% (offering 22.5M units in secondary offering)
01[09:27] {@Threei} -RXN -12% (earnings)
01[09:27] {@Threei} -BRKR -10% (announced resignation of CFO & appointment of interim CFO)
01[09:27] {@Threei} -DLTR -4.4% (earnings)
01[09:32] {@Threei} Long Setup: IWM .80 break
01[09:32] {@Threei} If holds .70
01[09:33] {@Threei} fast...
01[09:33] {@Threei} 1:1
01[09:34] {@Threei} Long Setup: FB .20 break
01[09:34] {@Threei} If holds .10
01[09:36] {@Threei} no go
01[09:39] {@Threei} Long Setup: FCX .05 break
01[09:39] {@Threei} If holds 21
01[09:39] {@Threei} FB rinse
01[09:41] {@Threei} Invalidated
[09:41] {dino} brkr sm l trigger .25
[09:43] {dino} cx brkr
01[09:43] {@Threei} Long Setup: TWTR .55 break
01[09:43] {@Threei} If holds .50
01[09:45] {@Threei} *(US) MAY PRELIMINARY MARKIT MANUFACTURING PMI: 53.8 V 54.5E
01[09:46] {@Threei} meh
[09:50] {dino} ll sm l .35
[09:50] {dino} brkr sm l .01
01[09:51] {@Threei} Long Setup: FB .15 break
01[09:51] {@Threei} If holds .05
01[09:55] {@Threei} 1:1
[09:58] {jfjf64} Yoku hod
01[10:00] {@Threei} *(US) APR EXISTING HOME SALES: 5.04M V 5.23ME
01[10:00] {@Threei} 10:00 *(EU) EURO ZONE MAY ADVANCE CONSUMER CONFIDENCE: -5.5 V -4.8E
01[10:00] {@Threei} *(US) APR LEADING INDEX: 0.7% V 0.3%E
01[10:01] {@Threei} Short Setup: CAT 89 break
01[10:01] {@Threei} If holds .10
[10:02] {dino} out ll .75, +.40
01[10:03] {@Threei} Invalidated
01[10:05] {@Threei} Long Setup: CAT .20 break
01[10:05] {@Threei} If holds .10
01[10:06] {@Threei} 1:1
[10:06] {dino} 07 green
[10:14] {dino} aap spike
[10:15] {dino} whoa
01[10:15] {@Threei} Long Setup: FB .25 break
01[10:15] {@Threei} change to .20
01[10:15] {@Threei} If holds .10
[10:16] {dino} out brkr .46, +.45
01[10:16] {@Threei} wtg
[10:18] {dino} ty
[10:22] {nemo} lotsa' volume at .50 on BRKR
[10:23] {dino} yeah, see that, break may shoot it up
[10:23] {nemo} VWAP probably good floor
[10:24] {dino} wuba drop
01[10:24] {@Threei} 1:1
[10:24] {dino} gj
[10:25] {jfjf64} Adbe
[10:26] {dino} took .50
[10:26] {dino} brkr
[10:26] {nemo} seller came right back
[10:27] {dino} thick sucker
[10:27] {dino} or "fatty"
[10:29] {dino} dltr spike
01[10:30] {@Threei} (GR) Germany Chancellor Merkel and France President Hollande to meet later today with Greece PM Tsipras on sidelines of Riga summit
[10:30] {dino} wtf dltr, all misses
[10:30] {jfjf64} Wanted that break missed
01[10:31] {@Threei} Tsipras: I'll bring retzina
[10:31] {jfjf64} Esrx
01[10:31] {@Threei} Hollande: oppa!
[10:31] {dino} ffffffffuuuuuuuuuuuuuuu#kkkkkkkkkkkkkkkkkkk missed dltr
[10:31] {nemo} dino swears...wow
[10:32] {dino} too much, plus pounds fist on desk
01[10:32] {@Threei} FB 1:3
[10:32] {nemo} both dltr and dg started down, both strong
[10:33] {dino} gj 3i
[10:33] {dino} dltr hod
[10:33] {nemo} tough frickin' market and summer hasn't begun yet
[10:34] {dino} dltr, misses, lowers, and lowers
[10:34] {nemo} bad news is good
[10:35] {dino} sm s .70
[10:36] {dino} stop .91
[10:41] {dino} cov dltr .85 -.15
01[10:50] {@Threei} FB skyrocketing
[10:52] {jfjf64} Yeah
[10:53] {jfjf64} Without us
[10:53] {jfjf64} Lol
01[10:53] {@Threei} Short Setup: MCD .30 break
01[10:53] {@Threei} If holds .40
[11:02] {drewj} hey guys
01[11:02] {@Threei} Invalidated
01[11:02] {@Threei} hi drew
[11:03] {drewj} how's the day?
01[11:03] {@Threei} decent
[11:06] {dino} good
01[11:06] {@Threei} Short Setup: TWTR .65 break
01[11:06] {@Threei} If holds .75
[11:07] {jfjf64} Ll .35 long
01[11:12] {@Threei} Long Setup: TWTR .75 break
01[11:12] {@Threei} If holds .65
[11:13] {dino} dltr sm s .80
[11:19] {jfjf64} .51 line support dino
[11:19] {jfjf64} Break that good to go
[11:20] {dino} yeah, watching it, should go to 79.00
[11:21] {dino} tough
[11:24] {jfjf64} .51
[11:24] {jfjf64} Break it down Dino boy
[11:25] {jfjf64} 1:2 ll
[11:25] {dino} gj
[11:28] {dino} starting to think, better worlds than dltr
[11:29] {jfjf64} We missed it
[11:29] {dino} that .41 bid stopped the drop
[11:33] {jfjf64} Nice
[11:33] {jfjf64} .91 next line
[11:33] {jfjf64} Good luck
[11:34] {dino} ty
[11:37] {jfjf64} .91 to penny
[11:37] {dino} cov .00, +.80 dltr, good world after all
[11:37] {jfjf64} These lines good
[11:37] {jfjf64} Gj dino
[11:37] {dino} ty, what lines you getting
[11:37] {jfjf64} 1:3 ll
[11:38] {dino} gj
[11:38] {jfjf64} Floor traders pivots
[11:38] {jfjf64} Use ninja charts
[11:38] {dino} ok
[11:39] {jfjf64} They on money
[11:39] {jfjf64} Scary
[11:39] {dino} seem to be
[11:40] {jfjf64} Next line 78.16 dltr
[11:40] {jfjf64} Lol
[11:41] {dino} 78.27 vwap
[11:43] {jfjf64} Just got divergence ind here
[11:43] {jfjf64} Bounce here
[11:43] {jfjf64} .80
[11:44] {jfjf64} .75
[11:44] {nemo} where'd u get in jf?
[11:44] {nemo} 79.75?
[11:44] {jfjf64} Didn't yet
[11:44] {nemo} what you looking long?
[11:44] {jfjf64} .75 trigger
[11:44] {jfjf64} Dltr
[11:45] {nemo} 79 roof
[11:46] {dino} ruth
[11:47] {nemo} wtf...kevin
[11:48] {dino} :)
[11:49] {dino} over daily, so taking it easy here through lunch
[11:49] {nemo} really? why don't you go drop some weights on your chest then
[11:50] {dino} i need too. but long road trip tonight w/son
[11:50] {dino} maybe take a nap
[11:50] {nemo} got ur binky?
[11:50] {drewj} lol
[11:51] {dino} lol
[11:52] {dino} coming into vwap
[11:54] {drewj} Vad how do you set your daily income goal?
[11:54] {nemo} he doesn't, he takes what the market gives him
[11:54] {drewj} hmmm
[11:54] {nemo} you hold too tightly to a goal, you'll start over trading
[11:54] {drewj} really?
[11:54] {jfjf64} Or how much vodka needs to buy
[11:55] {drewj} that I can see
[11:55] {jfjf64} Aapl
[11:55] {nemo} 1.75 liters usually lasts me about 2 days
[11:55] {drewj} wow like a fish
[11:55] {nemo} don't know many fish that drink vodka
[11:56] {jfjf64} Nemo is a fish
[11:56] {nemo} having said that, sounds like my kinda' fish
[11:56] {drewj} know any Russians?
[11:56] {nemo} wrong
[11:56] {nemo} Vad? do I know any Russians?
[11:56] {drewj} He
01[11:56] {@Threei} no idea... I am a jew from Ukraine
[11:56] {jfjf64} Lol
[11:56] {drewj} He's warming up with a punchline
[11:57] {drewj} You're Jewish?
[11:57] {nemo} Yes, one of my closest friends is Russian from Moscow
[11:57] {jfjf64} 78.16
[11:57] {jfjf64} Dltr line
01[11:57] {@Threei} drew, yes but consider that there is cultural difference in the definition
[11:58] {drewj} I'm sure
01[11:58] {@Threei} for north americans it largely means religion
01[11:58] {@Threei} for east europenas, ethnicity
[11:59] {drewj} I recognize that. Also levels of respect vary.
01[11:59] {@Threei} so, if you can envision agnostic jew, that would be it :)
[11:59] {nemo} at least he's not kazhak
01[11:59] {@Threei} not in the least
[11:59] {nemo} or chechen
01[11:59] {@Threei} nor am I a cossack
[12:00] {nemo} or tartar
[12:00] {nemo} dg coming in
[12:00] {drewj} I had asked about daily goals Vad...is that what you do?
01[12:01] {@Threei} nemo's answered for me, so I didn;t bother :)
01[12:01] {@Threei} no goals here
[12:01] {nemo} told ya'
[12:01] {nemo} nobody ever listens to me
01[12:01] {@Threei} what I have instead is:
[12:01] {drewj} what nemo?
01[12:02] {@Threei} certain amount after which I switch to profit preservation mode
[12:02] {nemo} not talking
[12:02] {drewj} ok
01[12:03] {@Threei} what is profit preservation mode, you ask,
01[12:03] {@Threei} and boy, do I have an answer for you
[12:03] {nemo} no, he didn't
01[12:03] {@Threei} http://blog.realitytrader.com/2011/10/profit-how-do-you-handle-it.html
[12:03] {nemo} oh jeez
01[12:03] {@Threei} {GGG}
[12:03] {drewj} You read my mind
01[12:03] {@Threei} see nemo?
[12:04] {nemo} inside the mind of drewj...have fun Vad
01[12:04] {@Threei} and you wonder why I drink
01[12:05] {@Threei} nemo: no I don't
01[12:05] {@Threei} see? I am inside your mind too
[12:05] {nemo} as if you need the excuse
[12:05] {dino} as long as thats all
01[12:05] {@Threei} ewww
01[12:07] {@Threei} time for Ron to come back from vacation... I need some sane counterbalance to you'll
01[12:08] {@Threei} and I am scared to think ese might come back before Ron
[12:08] {nemo} maybe he'll help you with your grammar
01[12:08] {@Threei} nah, that ship has sailed
[12:09] {jfjf64} I'm at my goal going to lunch
[12:10] {jfjf64} Lol
[12:11] {jfjf64} Vg take nap we need 1:5 after lunch
01[12:13] {@Threei} ok
01[12:43] {@Threei} US stocks are not far off session highs as today's bad news is just bad enough to look like good news to market participants. The message seems to dovetail with yesterday's FOMC minutes, which suggested that even September might be too early for Fed rate hikes.
01[12:51] {@Threei} Short Setup: GLD .50 break
01[12:51] {@Threei} If holds .60
[12:53] {nemo} CRM
[13:51] {dino} smg drop
[14:05] {drewj} dino are you still in those anip calls?
[14:06] {dino} yes
01[14:13] {@Threei} be back in 27m 48s
[14:13] {drewj} don't be late
[14:13] {nemo} you lie
[14:34] {jfjf64} Hey lunch over
[14:34] {jfjf64} Anything going on
01[14:37] {@Threei} not yet
01[14:37] {@Threei} but soon
[14:45] {dino} back in 30
[14:45] {nemo} why bother?
[14:46] {dino} made 100 bucks at 3:30 yesterday
[14:46] {nemo} do I want to know how?
[14:46] {dino} shorted gbx spike
[14:46] {dino} gotta hop
01[14:47] {@Threei} Long Setup: FB .70 break
01[14:47] {@Threei} If holds .60
01[14:58] {@Threei} change to .60 break
01[14:58] {@Threei} If holds .55
[15:01] {jfjf64} Got filled .71
01[15:13] {@Threei} not delighted
01[15:20] {@Threei} watching VXX
01[15:24] {@Threei} Long Setup: VXX .75 break
01[15:31] {@Threei} If holds .68
01[15:33] {@Threei} change to .70
01[15:33] {@Threei} If holds .65
[15:36] {dino} jmei spike
01[15:36] {@Threei} Invalidated
01[15:37] {@Threei} Long Setup: FB .55 break
01[15:37] {@Threei} If holds .45
01[15:37] {@Threei} last attempt
[15:41] {dino} damn, jmei was the one
01[15:46] {@Threei} 1:1
[15:47] {dino} hchc spike
[15:49] {dino} hchc hl s .79
[15:50] {jfjf64} Hchc
[15:50] {jfjf64} K
[15:51] {dino} diiieeee
[15:52] {jfjf64} Tmus August 40 calls being bought 2 nd straight day
[15:54] {jfjf64} Done boys Ty
[15:54] {dino} gj jf
01[15:54] {@Threei} thank you all
01[15:54] {@Threei} hasve a good evening, see you tomorrow
Wednesday, May 20, 2015
May 20 2015
Somewhat shaky day with more rinses than I'd like but still on a positive side thanks to a few large wins
Session Time: Wed May 20 00:00:00 2015
[08:59] {dino} gm
01[09:00] {@Threei} dino, welcome back
[09:00] {dino} ty
[09:01] {drewj} Hey guys...hi dino
[09:02] {dino} gm drew
01[09:03] {@Threei} drew :)
[09:18] {chasj} Good Morning
01[09:18] {@Threei} chas :)
01[09:19] {@Threei} - Greece Parliamentary Speaker: Greece will not pay June IMF repayment if no deal with international lenders is reached by then
01[09:20] {@Threei} - Iran said to rule out opening up military sites to nuclear inspectors
[09:21] {drewj} of course
[09:21] {chasj} And we keep playing into their hands
[09:22] {drewj} until it's too late
01[09:23] {@Threei} because in just a year and a half it will be someone eles's problem
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -SRPT +46% (announced plans to submit NDA for Eteplirsen following pre-NDA meeting with FDA)
01[09:28] {@Threei} -PBMD +32% (positive data from Phase 2 ovarian cancer clinical trial)
01[09:28] {@Threei} -ISR +29% (Cesium-131 Lung Cancer Treatment Reports 96% Success in Local Control and 100% Survival at 5 Years in High Risk Patients)
01[09:28] {@Threei} -AVEO +19% (presented final results of extension study 902 and FDA regulatory feedback for advancing Tivozanib)
01[09:28] {@Threei} -PBY +15% (said to have received takeover proposals from PE firm Golden Gate Capital)
01[09:28] {@Threei} -DL +15% (earnings)
01[09:28] {@Threei} -AEO +8% (earnings)
01[09:28] {@Threei} -EQIX +6.2% (received favorable REIT private label ruling letter from IRS)
01[09:28] {@Threei} -APO +4.8% (positive broker commentary)
01[09:28] {@Threei} -TWC +3.3% (Altice CEO comments on potential takeover offer)
01[09:28] {@Threei} -UBS +3.3% (DoJ announcing settlement with banks for FX spot manipulation)
01[09:28] {@Threei} -YHOO +2.8% (positive broker commentary offsets concern that Alibaba stake spin-off at risk due to potential increased IRS regulations of spin-offs)
01[09:28] {@Threei} -SYT +2.5% (renewed chatter/hopes MON could still want to make a deal)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -ETSY -19% (earnings)
01[09:29] {@Threei} -ACHN -9.3% (negative broker commentary following JNJ deal announcement)
01[09:29] {@Threei} -KEYS -6.6% (earnings)
01[09:29] {@Threei} -LOW -5.6% (earnings)
01[09:29] {@Threei} -LOCO -5.4% (secondary offering chatter)
01[09:29] {@Threei} -XEC -4.8% (secondary offering of 6.M shares)
01[09:29] {@Threei} -NCLH -4% (Norwegian Dawn ran aground in Bermuda)
01[09:30] {@Threei} Short Setup: FB .40 break
01[09:31] {@Threei} If holds .50
01[09:32] {@Threei} stop to .46
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} to .41
01[09:32] {@Threei} 1:2
01[09:33] {@Threei} Long Setup: FCX .30 break
01[09:34] {@Threei} 1:3
01[09:34] {@Threei} 1:4
[09:34] {nemo} Fed minutes today,
01[09:35] {@Threei} out in full
01[09:35] {@Threei} FCX, if holds .25
01[09:36] {@Threei} meh
01[09:38] {@Threei} Long Setup: IWM .65 break
01[09:39] {@Threei} change to .60
01[09:39] {@Threei} If holds .50
01[09:41] {@Threei} no go
[09:42] {drewj} fb
[09:42] {dino} keys sm l .65
01[09:46] {@Threei} Long Setup: IWM .50 break
01[09:46] {@Threei} If holds .40
01[09:48] {@Threei} ugh
[09:50] {nemo} rinse
01[09:51] {@Threei} yeah
[09:56] {nemo} looks like they split fas
01[09:56] {@Threei} Long Setup: FB .60 break
01[09:57] {@Threei} If holds .50
01[10:02] {@Threei} 1:1
01[10:02] {@Threei} finally
[10:08] {dino} momo spike
[10:10] {dino} keys stop .42 -.23
[10:11] {dino} break .50 re-loading
01[10:11] {@Threei} 1:2
[10:15] {dino} gj
01[10:15] {@Threei} ty
01[10:15] {@Threei} difficult reversal today
[10:16] {jfjf64} Hi all
[10:16] {drewj} hey jf
01[10:17] {@Threei} jf :)
[10:18] {jfjf64} All bounce here
01[10:18] {@Threei} 1:3 FB close enough
01[10:18] {@Threei} out
01[10:21] {@Threei} Long Setup: MCD .80 break
01[10:21] {@Threei} If holds .70
[10:21] {dino} keys stopped -.11
01[10:22] {@Threei} Invalidated
01[10:35] {@Threei} Long Setup: DAL 44 break
01[10:35] {@Threei} If holds .90
01[10:38] {@Threei} no go
01[10:46] {@Threei} Short Setup: TWTR .10 break
01[10:46] {@Threei} If holds .20
[10:47] {dino} momo sm s .15
[10:52] {nemo} Fed Minutes Day
[11:00] {dino} momo stop .30 -.15
[11:01] {dino} i'm a bit off today
01[11:02] {@Threei} so am I
[11:03] {jfjf64} Me too
[11:03] {jfjf64} Weird
[11:03] {nemo} Fed Minutes Day...nothing is as it seems
[11:03] {nemo} sheesh haven't even done 20 million spy
01[11:05] {@Threei} die TWTR
01[11:05] {@Threei} lose 37 and crash
[11:08] {drewj} short lvs?
[11:09] {dino} momo rinsed
01[11:09] {@Threei} .60 break LVS...
[11:09] {nemo} guys you're heading into the FED dead zone
01[11:16] {@Threei} TWTR, critical junction
01[11:16] {@Threei} should cut through 37
01[11:16] {@Threei} 1:1
01[11:16] {@Threei} like stone through hot butter
01[11:16] {@Threei} correct idiom, I think
[11:17] {nemo} hot knife through butter
01[11:17] {@Threei} sigh
[11:17] {nemo} sheesh
[11:17] {drewj} LOL
06[11:17] * @Threei withdraws his sense of humor
01[11:18] {@Threei} I had one more comparison for this fdrop, involving drunk sailors and prom dress, but now you will never hear it
[11:22] {dino} you mean drops like a prom dress
01[11:24] {@Threei} well... I like mixed metaphors
01[11:24] {@Threei} so, sailor got added in, just like a stone to hot butter
01[11:25] {@Threei} but my metaphors are too advanced for some it seems {G}
[11:25] {nemo} it's that extra-terrestrial sense of humor of yours
01[11:26] {@Threei} yes... why?
01[11:26] {@Threei} I am a trader and photigrapher by day, alien hunter by night
[11:26] {nemo} it doesn't always resonate with us native speakers
01[11:26] {@Threei} you mean with you earthlings
06[11:38] * @Threei hits TWTR over the head with sailor's prom dress
[11:39] {dino} yuk
06[11:40] * nemo thinks vad needs his meds adjusted
01[11:40] {@Threei} you mean that box of mushroom you mailed me last week wass not a proper medication?
[11:41] {nemo} that was for after work
01[11:42] {@Threei} then I am confused... "work"?
01[11:42] {@Threei} what is this "work" you speak of?
[11:44] {dino} abmd drop
01[11:45] {@Threei} Trading is choppy and volumes are lower again today in US markets. The 10-year UST yield is coming in a few basis points as European bonds sell off on a fresh round of Greece jitters. Traders are awaiting the FOMC minutes, out later this afternoon.
01[11:46] {@Threei} Six global banks - Bank of America, Citicorp, JPMorgan, Barclays, UBS and Royal Bank of Scotland - agreed to pay $5.8 billion and five of them agreed to plead guilty to charges tied to a FX market rigging investigation. UBS was granted immunity for its cooperation in the investigation.
[11:55] {dino} save sm l .50
01[11:58] {@Threei} Long Setup: FB .10 break
01[11:58] {@Threei} If holds 80
01[12:03] {@Threei} 1:1
[12:04] {dino} out save .90, +.40
[12:04] {dino} well, back in the black
01[12:05] {@Threei} :)
[12:05] {dino} going to take a lunch hour
01[12:18] {@Threei} wow
01[12:18] {@Threei} TWTR
01[12:19] {@Threei} Exec speaks on JPM tech conference
01[12:19] {@Threei} must have fainted on the stage to cause this
[12:21] {jfjf64} Lol
[12:22] {jfjf64} Or maybe fly opened and little birdie said. tweet tweet tweet
01[12:23] {@Threei} sheeesh
01[12:23] {@Threei} lol
[12:24] {jfjf64} Never now with this
01[12:25] {@Threei} [TWTR] Exec: Reiterates company has limited visibility on MAU growth - JP Morgan tech conf comments
[12:30] {jfjf64} S lvs.05
[12:52] {nemo} dude, wait for the Fed
[12:52] {nemo} stop trading
[12:54] {nemo} look at lvs on the daily dude
01[12:55] {@Threei} be back in 30
[13:12] {dino} what time fed? 2?
01[13:25] {@Threei} yes
01[13:59] {@Threei} (US) FED MINUTES FROM APRIL 28-29 FOMC MEETING: FEW OFFICIALS THOUGHT DATA MAY JUSTIFY DATA AT JUNE MEETING, DID NOT RULE OUT JUNE INCREASE
01[14:00] {@Threei} Short Setup: TWTR .80 break
01[14:02] {@Threei} Invalidated
01[14:03] {@Threei} Short Setup: FB .40 break
01[14:03] {@Threei} If holds .50
01[14:05] {@Threei} 1:1
01[14:26] {@Threei} Long Setup: WMT .25 break
01[14:26] {@Threei} If holds .15
01[14:34] {@Threei} Invalidated
[14:42] {dino} back in 30
[14:42] {nemo} why bother
01[14:43] {@Threei} Long Setup: WMT .05 break
01[14:59] {@Threei} stop .99
01[15:02] {@Threei} meh
01[15:09] {@Threei} Long Setup: FB .75 break
01[15:09] {@Threei} If holds .65
01[15:14] {@Threei} no go
01[15:18] {@Threei} no news for sudden SPY selloff
01[15:22] {@Threei} Long Setup: MCD 100 break
01[15:23] {@Threei} If holds .90
[15:26] {dino} tcon drop
[15:29] {dino} i just read that nemo, i think you say that everytime i have to leave around 3
[15:41] {dino} rely spike
01[15:42] {@Threei} [SRPT] SRPT Streetsweeper making cautious comments
[15:42] {dino} gbx spike
01[15:44] {@Threei} half out
01[15:44] {@Threei} stop to .99
[15:46] {dino} gbx sm s .00
01[15:49] {@Threei} to .04
[15:50] {dino} cov gbx .77, +.23
01[15:52] {@Threei} wtg
01[15:52] {@Threei} ok guys, closing on this
01[15:52] {@Threei} thank you, have a good evening
01[15:52] {@Threei} see you tomorrow
[15:52] {dino} ty,and gn also
[15:52] {drewj} C-Ya
Session Time: Wed May 20 00:00:00 2015
[08:59] {dino} gm
01[09:00] {@Threei} dino, welcome back
[09:00] {dino} ty
[09:01] {drewj} Hey guys...hi dino
[09:02] {dino} gm drew
01[09:03] {@Threei} drew :)
[09:18] {chasj} Good Morning
01[09:18] {@Threei} chas :)
01[09:19] {@Threei} - Greece Parliamentary Speaker: Greece will not pay June IMF repayment if no deal with international lenders is reached by then
01[09:20] {@Threei} - Iran said to rule out opening up military sites to nuclear inspectors
[09:21] {drewj} of course
[09:21] {chasj} And we keep playing into their hands
[09:22] {drewj} until it's too late
01[09:23] {@Threei} because in just a year and a half it will be someone eles's problem
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -SRPT +46% (announced plans to submit NDA for Eteplirsen following pre-NDA meeting with FDA)
01[09:28] {@Threei} -PBMD +32% (positive data from Phase 2 ovarian cancer clinical trial)
01[09:28] {@Threei} -ISR +29% (Cesium-131 Lung Cancer Treatment Reports 96% Success in Local Control and 100% Survival at 5 Years in High Risk Patients)
01[09:28] {@Threei} -AVEO +19% (presented final results of extension study 902 and FDA regulatory feedback for advancing Tivozanib)
01[09:28] {@Threei} -PBY +15% (said to have received takeover proposals from PE firm Golden Gate Capital)
01[09:28] {@Threei} -DL +15% (earnings)
01[09:28] {@Threei} -AEO +8% (earnings)
01[09:28] {@Threei} -EQIX +6.2% (received favorable REIT private label ruling letter from IRS)
01[09:28] {@Threei} -APO +4.8% (positive broker commentary)
01[09:28] {@Threei} -TWC +3.3% (Altice CEO comments on potential takeover offer)
01[09:28] {@Threei} -UBS +3.3% (DoJ announcing settlement with banks for FX spot manipulation)
01[09:28] {@Threei} -YHOO +2.8% (positive broker commentary offsets concern that Alibaba stake spin-off at risk due to potential increased IRS regulations of spin-offs)
01[09:28] {@Threei} -SYT +2.5% (renewed chatter/hopes MON could still want to make a deal)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -ETSY -19% (earnings)
01[09:29] {@Threei} -ACHN -9.3% (negative broker commentary following JNJ deal announcement)
01[09:29] {@Threei} -KEYS -6.6% (earnings)
01[09:29] {@Threei} -LOW -5.6% (earnings)
01[09:29] {@Threei} -LOCO -5.4% (secondary offering chatter)
01[09:29] {@Threei} -XEC -4.8% (secondary offering of 6.M shares)
01[09:29] {@Threei} -NCLH -4% (Norwegian Dawn ran aground in Bermuda)
01[09:30] {@Threei} Short Setup: FB .40 break
01[09:31] {@Threei} If holds .50
01[09:32] {@Threei} stop to .46
01[09:32] {@Threei} 1:1
01[09:32] {@Threei} to .41
01[09:32] {@Threei} 1:2
01[09:33] {@Threei} Long Setup: FCX .30 break
01[09:34] {@Threei} 1:3
01[09:34] {@Threei} 1:4
[09:34] {nemo} Fed minutes today,
01[09:35] {@Threei} out in full
01[09:35] {@Threei} FCX, if holds .25
01[09:36] {@Threei} meh
01[09:38] {@Threei} Long Setup: IWM .65 break
01[09:39] {@Threei} change to .60
01[09:39] {@Threei} If holds .50
01[09:41] {@Threei} no go
[09:42] {drewj} fb
[09:42] {dino} keys sm l .65
01[09:46] {@Threei} Long Setup: IWM .50 break
01[09:46] {@Threei} If holds .40
01[09:48] {@Threei} ugh
[09:50] {nemo} rinse
01[09:51] {@Threei} yeah
[09:56] {nemo} looks like they split fas
01[09:56] {@Threei} Long Setup: FB .60 break
01[09:57] {@Threei} If holds .50
01[10:02] {@Threei} 1:1
01[10:02] {@Threei} finally
[10:08] {dino} momo spike
[10:10] {dino} keys stop .42 -.23
[10:11] {dino} break .50 re-loading
01[10:11] {@Threei} 1:2
[10:15] {dino} gj
01[10:15] {@Threei} ty
01[10:15] {@Threei} difficult reversal today
[10:16] {jfjf64} Hi all
[10:16] {drewj} hey jf
01[10:17] {@Threei} jf :)
[10:18] {jfjf64} All bounce here
01[10:18] {@Threei} 1:3 FB close enough
01[10:18] {@Threei} out
01[10:21] {@Threei} Long Setup: MCD .80 break
01[10:21] {@Threei} If holds .70
[10:21] {dino} keys stopped -.11
01[10:22] {@Threei} Invalidated
01[10:35] {@Threei} Long Setup: DAL 44 break
01[10:35] {@Threei} If holds .90
01[10:38] {@Threei} no go
01[10:46] {@Threei} Short Setup: TWTR .10 break
01[10:46] {@Threei} If holds .20
[10:47] {dino} momo sm s .15
[10:52] {nemo} Fed Minutes Day
[11:00] {dino} momo stop .30 -.15
[11:01] {dino} i'm a bit off today
01[11:02] {@Threei} so am I
[11:03] {jfjf64} Me too
[11:03] {jfjf64} Weird
[11:03] {nemo} Fed Minutes Day...nothing is as it seems
[11:03] {nemo} sheesh haven't even done 20 million spy
01[11:05] {@Threei} die TWTR
01[11:05] {@Threei} lose 37 and crash
[11:08] {drewj} short lvs?
[11:09] {dino} momo rinsed
01[11:09] {@Threei} .60 break LVS...
[11:09] {nemo} guys you're heading into the FED dead zone
01[11:16] {@Threei} TWTR, critical junction
01[11:16] {@Threei} should cut through 37
01[11:16] {@Threei} 1:1
01[11:16] {@Threei} like stone through hot butter
01[11:16] {@Threei} correct idiom, I think
[11:17] {nemo} hot knife through butter
01[11:17] {@Threei} sigh
[11:17] {nemo} sheesh
[11:17] {drewj} LOL
06[11:17] * @Threei withdraws his sense of humor
01[11:18] {@Threei} I had one more comparison for this fdrop, involving drunk sailors and prom dress, but now you will never hear it
[11:22] {dino} you mean drops like a prom dress
01[11:24] {@Threei} well... I like mixed metaphors
01[11:24] {@Threei} so, sailor got added in, just like a stone to hot butter
01[11:25] {@Threei} but my metaphors are too advanced for some it seems {G}
[11:25] {nemo} it's that extra-terrestrial sense of humor of yours
01[11:26] {@Threei} yes... why?
01[11:26] {@Threei} I am a trader and photigrapher by day, alien hunter by night
[11:26] {nemo} it doesn't always resonate with us native speakers
01[11:26] {@Threei} you mean with you earthlings
06[11:38] * @Threei hits TWTR over the head with sailor's prom dress
[11:39] {dino} yuk
06[11:40] * nemo thinks vad needs his meds adjusted
01[11:40] {@Threei} you mean that box of mushroom you mailed me last week wass not a proper medication?
[11:41] {nemo} that was for after work
01[11:42] {@Threei} then I am confused... "work"?
01[11:42] {@Threei} what is this "work" you speak of?
[11:44] {dino} abmd drop
01[11:45] {@Threei} Trading is choppy and volumes are lower again today in US markets. The 10-year UST yield is coming in a few basis points as European bonds sell off on a fresh round of Greece jitters. Traders are awaiting the FOMC minutes, out later this afternoon.
01[11:46] {@Threei} Six global banks - Bank of America, Citicorp, JPMorgan, Barclays, UBS and Royal Bank of Scotland - agreed to pay $5.8 billion and five of them agreed to plead guilty to charges tied to a FX market rigging investigation. UBS was granted immunity for its cooperation in the investigation.
[11:55] {dino} save sm l .50
01[11:58] {@Threei} Long Setup: FB .10 break
01[11:58] {@Threei} If holds 80
01[12:03] {@Threei} 1:1
[12:04] {dino} out save .90, +.40
[12:04] {dino} well, back in the black
01[12:05] {@Threei} :)
[12:05] {dino} going to take a lunch hour
01[12:18] {@Threei} wow
01[12:18] {@Threei} TWTR
01[12:19] {@Threei} Exec speaks on JPM tech conference
01[12:19] {@Threei} must have fainted on the stage to cause this
[12:21] {jfjf64} Lol
[12:22] {jfjf64} Or maybe fly opened and little birdie said. tweet tweet tweet
01[12:23] {@Threei} sheeesh
01[12:23] {@Threei} lol
[12:24] {jfjf64} Never now with this
01[12:25] {@Threei} [TWTR] Exec: Reiterates company has limited visibility on MAU growth - JP Morgan tech conf comments
[12:30] {jfjf64} S lvs.05
[12:52] {nemo} dude, wait for the Fed
[12:52] {nemo} stop trading
[12:54] {nemo} look at lvs on the daily dude
01[12:55] {@Threei} be back in 30
[13:12] {dino} what time fed? 2?
01[13:25] {@Threei} yes
01[13:59] {@Threei} (US) FED MINUTES FROM APRIL 28-29 FOMC MEETING: FEW OFFICIALS THOUGHT DATA MAY JUSTIFY DATA AT JUNE MEETING, DID NOT RULE OUT JUNE INCREASE
01[14:00] {@Threei} Short Setup: TWTR .80 break
01[14:02] {@Threei} Invalidated
01[14:03] {@Threei} Short Setup: FB .40 break
01[14:03] {@Threei} If holds .50
01[14:05] {@Threei} 1:1
01[14:26] {@Threei} Long Setup: WMT .25 break
01[14:26] {@Threei} If holds .15
01[14:34] {@Threei} Invalidated
[14:42] {dino} back in 30
[14:42] {nemo} why bother
01[14:43] {@Threei} Long Setup: WMT .05 break
01[14:59] {@Threei} stop .99
01[15:02] {@Threei} meh
01[15:09] {@Threei} Long Setup: FB .75 break
01[15:09] {@Threei} If holds .65
01[15:14] {@Threei} no go
01[15:18] {@Threei} no news for sudden SPY selloff
01[15:22] {@Threei} Long Setup: MCD 100 break
01[15:23] {@Threei} If holds .90
[15:26] {dino} tcon drop
[15:29] {dino} i just read that nemo, i think you say that everytime i have to leave around 3
[15:41] {dino} rely spike
01[15:42] {@Threei} [SRPT] SRPT Streetsweeper making cautious comments
[15:42] {dino} gbx spike
01[15:44] {@Threei} half out
01[15:44] {@Threei} stop to .99
[15:46] {dino} gbx sm s .00
01[15:49] {@Threei} to .04
[15:50] {dino} cov gbx .77, +.23
01[15:52] {@Threei} wtg
01[15:52] {@Threei} ok guys, closing on this
01[15:52] {@Threei} thank you, have a good evening
01[15:52] {@Threei} see you tomorrow
[15:52] {dino} ty,and gn also
[15:52] {drewj} C-Ya
Tuesday, May 19, 2015
May 19 2015
Beautiful day with win after win after win, even in the afternoon. Ended with 1:3 on FB short which nicely complemented earlier 1:4 on MCD long
Session Time: Tue May 19 00:00:00 2015
[09:25] {chasj} Good morn
01[09:25] {@Threei} chas :)
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -GIGA +24% (earnings)
01[09:25] {@Threei} -MOMO +21% (earnings)
01[09:25] {@Threei} -RRGB +9% (earnings)
01[09:25] {@Threei} -TTWO +8.3% (earnings)
01[09:25] {@Threei} -LAKE +8% (earnings)
01[09:25] {@Threei} -TJX +3.8% (earnings)
01[09:25] {@Threei} -CMCM +2.4% (earnings)
01[09:25] {@Threei} -BLUE +2.3% (announced global regulatory strategy for LentiGlobin BB305)
01[09:25] {@Threei} -HD +2.2% (earnings)
01[09:25] {@Threei} -P +1% (acquiring Next Big Sound for undisclosed sum)
01[09:25] {@Threei} -PLUG +8% (new client)
01[09:25] {@Threei} Downside:
01[09:25] {@Threei} -RNDY -20% (proposed secondary of 3.5M shares)
01[09:25] {@Threei} -URBN -15% (earnings; negative broker commentary)
01[09:25] {@Threei} -ACHN -5% (momentum from GILD/ACHN rumors)
01[09:25] {@Threei} -ICPT -5% (separate cardiovascular outcomes trial not required for obeticholic acid & planning international Phase 3 trial)
01[09:25] {@Threei} -MNTA -4.5% (proposed secondary offering of 7.25M shares)
01[09:25] {@Threei} -DKS -4% (earnings)
01[09:25] {@Threei} -A -4% (earnings)
01[09:25] {@Threei} -VOD -3.8% (earnings)
[09:26] {jfjf64} Mornin gents
01[09:26] {@Threei} jf :)
[09:30] {nemo} HD
01[09:31] {@Threei} Long Setup: SLW 20 break
01[09:32] {@Threei} If holds .95
01[09:33] {@Threei} 1:1
01[09:34] {@Threei} 1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei} yw
01[09:35] {@Threei} Long Setup: FB .30 break
01[09:35] {@Threei} late
[09:35] {chasj} thank you
01[09:35] {@Threei} yw
[09:36] {jfjf64} Wmt lod break
01[09:36] {@Threei} valid again
01[09:36] {@Threei} If holds .20
[09:36] {jfjf64} Invalid
01[09:38] {@Threei} 1:1
[09:41] {jfjf64} Wmt valid
[09:41] {jfjf64} .75 break
[09:42] {jfjf64} 1:1
01[09:42] {@Threei} 1:2
[09:43] {jfjf64} Out fb
[09:43] {jfjf64} Ty
01[09:44] {@Threei} yw
01[09:44] {@Threei} 1:3
[09:45] {jfjf64} 1:2
[09:45] {jfjf64} Wmt
01[09:45] {@Threei} wtg
[09:45] {jfjf64} Out
[09:46] {jfjf64} Shit
01[09:59] {@Threei} Long Setup: WMT .30 break
01[09:59] {@Threei} If holds .20
[10:00] {nemo} two way perhaps
[10:00] {jfjf64} Think bounce
01[10:01] {@Threei} change to .20 break
01[10:01] {@Threei} If holds .15
01[10:04] {@Threei} meh
[10:09] {jfjf64} Jpm
[10:09] {jfjf64} Bounce
[10:09] {jfjf64} ?
01[10:10] {@Threei} no clear setup
[10:10] {jfjf64} Fb hittin support
[10:11] {jfjf64} .20
01[10:19] {@Threei} Long Setup: MCD 98 break
01[10:19] {@Threei} If holds .90
[10:20] {nemo} banks are so strong
[10:21] {jfjf64} Yes watchin
[10:21] {jfjf64} Wfc
[10:25] {drewj} Vad if I get into a trade a little late, say 2 or 3 cents should I move my stop up the same amount to keep at 10 cents or continue to use your stop level?
01[10:27] {@Threei} stop is determined by a chart configuration,
01[10:27] {@Threei} which doesn't change with your entry
[10:28] {drewj} ok
01[10:33] {@Threei} 1:1
01[10:44] {@Threei} 1:2
01[10:44] {@Threei} Comments by French ECB board member Coeurhave sent European stocks through the roof this morning. Coeur said the ECB would front-load its QE purchases because of the seasonal lack of liquidity in the summer, and asserted that the move was not a reaction to recent market conditions.
[10:44] {jfjf64} Comon micky
01[10:44] {@Threei} Warren Buffet's favorite US housing market indicator, housing starts, rose in April to its highest level since November of 2007. Starts jumped more than 20% sequentially to 1.135 million, for the biggest m/m gain in 25 years. Starts for single-family homes hit their highest level since January 2008.
01[10:45] {@Threei} Shares of retail titan Walmart are down nearly 4% after the firm missed revenue expectations in its first-quarter report. EPS was in-line, while comps were pretty soft and the firm's guidance for second quarter was subpar. Home Depot beat expectations and raised its FY forecast, however moderate gains in the stock are all but evaporated mid morning.
[10:47] {jfjf64} Hod mcd
[11:04] {jfjf64} Vg you still in mcd
01[11:04] {@Threei} yes
01[11:05] {@Threei} 1:3
[11:05] {jfjf64} Nice
[11:05] {jfjf64} Took 1:2
[11:05] {jfjf64} Ty
01[11:06] {@Threei} yw
01[11:09] {@Threei} Long Setup: VXX .30 break
01[11:09] {@Threei} If holds .25
01[11:17] {@Threei} Invalidated
01[11:23] {@Threei} 1:4 MCD
01[11:23] {@Threei} out
[11:25] {jfjf64} gj chief
01[11:27] {@Threei} :)
[11:41] {jfjf64} You like bounce here fb
01[11:44] {@Threei} oullback ynder .90 for double bottom, and I will
01[11:44] {@Threei} p
01[11:44] {@Threei} and u
01[11:44] {@Threei} lol
01[11:46] {@Threei} Long Setup: FB .90 break
01[11:46] {@Threei} If holds .80
[11:54] {jfjf64} Cmon
[11:54] {jfjf64} Off low
[11:54] {jfjf64} Bounce
[11:55] {jfjf64} .80 support
[11:55] {jfjf64} And lod
[11:55] {jfjf64} Help
[12:01] {jfjf64} What ya think
[12:01] {jfjf64} I'm sorry ya don't think
01[12:01] {@Threei} I don't
[12:01] {jfjf64} Lol
[12:01] {jfjf64} Tighten stop
[12:01] {jfjf64} We cant
[12:02] {jfjf64} 80 strong line
[12:04] {jfjf64} Half out me
[12:05] {jfjf64} Wonderful
[12:05] {jfjf64} Nice recovery
[12:06] {jfjf64} You with me
01[12:06] {@Threei} 1:1
01[12:06] {@Threei} yes
[12:06] {jfjf64} K
[12:07] {jfjf64} Thought ya fell sleep
[12:08] {nemo} I took .84
[12:08] {nemo} saw that big volume bar
01[12:08] {@Threei} I did, but how being asleep prevents you from trading?
[12:11] {nemo} my stop is .93
[12:15] {jfjf64} Use .91 nemo
[12:15] {jfjf64} My thoughts
[12:15] {nemo} see support @.95
[12:16] {jfjf64} Have it at .92
[12:16] {nemo} oh yeah, your moving average
[12:16] {nemo} I was looking at price support
[12:17] {jfjf64} Na pivot
[12:17] {jfjf64} Ma .96
[12:17] {nemo} that's .83
[12:17] {jfjf64} How is on first
[12:17] {jfjf64} Who
[12:17] {nemo} Pivot is 80.83
[12:18] {jfjf64} .91
[12:18] {jfjf64} Floor traders pivots 80.92
[12:18] {jfjf64} Bounces off it
[12:19] {nemo} from where are u calculating that?
[12:19] {jfjf64} They r auto on my charts ninja
[12:19] {jfjf64} Floor trader pivots
[12:19] {jfjf64} Amazing
[12:20] {jfjf64} R u still in
[12:20] {nemo} I use Freestockcharts
[12:20] {nemo} no out
[12:20] {jfjf64} Ahh
[12:20] {nemo} it hit your stop too
[12:21] {drewj} Got to go guys...taking daughter to the doctor.
[12:21] {drewj} Have a good rest of the afternoon.
[12:21] {jfjf64} Have good day drew
[12:21] {drewj} Ty
01[12:21] {@Threei} take care drew
[12:21] {drewj} See ya
[12:22] {jfjf64} Vg good mornin
[12:22] {jfjf64} 4 winners
[12:22] {jfjf64} 1 5 cent stop
[12:25] {jfjf64} Like this hlf long here
[12:26] {jfjf64} I don't know why
[12:31] {jfjf64} Going to lunch
01[13:50] {@Threei} Long Setup: FB 81 break
01[13:50] {@Threei} If holds .90
[13:59] {jfjf64} .95
[13:59] {jfjf64} Long
[14:00] {jfjf64} ?
01[14:02] {@Threei} ?
[14:03] {jfjf64} Fb nice pullbk
[14:03] {jfjf64} Seein if you agreed .95 break
01[14:03] {@Threei} sure
01[14:03] {@Threei} if I like 81, .95 is simply aggressive entry
[14:04] {jfjf64} Ya 81 never triggered did it
[14:09] {jfjf64} Airlines all in dumpster
[14:10] {jfjf64} Twtr
[14:10] {jfjf64} Push
01[14:14] {@Threei} 1:1
[14:14] {jfjf64} Twtr s .60
[14:14] {jfjf64} Break
[14:15] {jfjf64} Invalid
[14:18] {nemo} less than 40 mil spy
[14:19] {jfjf64} .70 s
[14:22] {jfjf64} 1:2 fb
[14:22] {jfjf64} Ty
[14:22] {jfjf64} No go twtr
01[14:23] {@Threei} 1:2
[14:29] {jfjf64} Twtr rinsed me
[14:29] {jfjf64} I'm pissed
01[14:35] {@Threei} no news
01[14:37] {@Threei} ugh
01[14:38] {@Threei} was looking at .10 VXX
[14:38] {jfjf64} Look fb
[14:38] {jfjf64} .92 that support earlier
[14:41] {jfjf64} Google brings tweets to google search mobile
[14:42] {jfjf64} Twtr partners with google
[14:46] {jfjf64} Mcd
[14:46] {jfjf64} Double top
[14:46] {jfjf64} ?
[14:46] {jfjf64} Boy that went up all day
01[14:46] {@Threei} or break
01[14:46] {@Threei} can't tell
[14:46] {jfjf64} 50/50
[14:47] {jfjf64} Lol
01[14:49] {@Threei} Short Setup: FB .90 break
01[14:49] {@Threei} If holds 81
[14:53] {jfjf64} Twtr .30 break
[14:56] {jfjf64} 1:1
[14:59] {jfjf64} Question if ya buying 1000 shares of say Twtr do you buy 1000 one shot or 500/500 ?
[15:00] {jfjf64} I realize all situation diff of course
[15:01] {jfjf64} But wondering
01[15:01] {@Threei} if I just buy a certain trigger, 1000
01[15:01] {@Threei} why would I break it?
[15:01] {jfjf64} That's what I do
[15:01] {jfjf64} 1000 one shot
01[15:01] {@Threei} half and half may make sense sometimes, but those are very specific situations
01[15:02] {@Threei} for instance, half aggressively and add half on a break
[15:02] {jfjf64} I lk that
01[15:04] {@Threei} 1:1
[15:05] {jfjf64} Very nice
[15:06] {jfjf64} .74 lod
[15:10] {jfjf64} .69.next support
[15:11] {jfjf64} Need spy b down .79
01[15:11] {@Threei} 1:2
[15:12] {jfjf64} Or not
[15:12] {jfjf64} .51 here we come
01[15:13] {@Threei} 1:3
[15:15] {jfjf64} Where trail .73
01[15:15] {@Threei} .71
01[15:15] {@Threei} done
01[15:15] {@Threei} ending beautiful day on this
01[15:15] {@Threei} thanks guys, see you tomorrow
[15:15] {jfjf64} Nice job
[15:16] {jfjf64} 6 wins
[15:16] {jfjf64} Nice day
[15:16] {jfjf64} Go relax take some pictures
01[15:16] {@Threei} :)
Session Time: Tue May 19 00:00:00 2015
[09:25] {chasj} Good morn
01[09:25] {@Threei} chas :)
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -GIGA +24% (earnings)
01[09:25] {@Threei} -MOMO +21% (earnings)
01[09:25] {@Threei} -RRGB +9% (earnings)
01[09:25] {@Threei} -TTWO +8.3% (earnings)
01[09:25] {@Threei} -LAKE +8% (earnings)
01[09:25] {@Threei} -TJX +3.8% (earnings)
01[09:25] {@Threei} -CMCM +2.4% (earnings)
01[09:25] {@Threei} -BLUE +2.3% (announced global regulatory strategy for LentiGlobin BB305)
01[09:25] {@Threei} -HD +2.2% (earnings)
01[09:25] {@Threei} -P +1% (acquiring Next Big Sound for undisclosed sum)
01[09:25] {@Threei} -PLUG +8% (new client)
01[09:25] {@Threei} Downside:
01[09:25] {@Threei} -RNDY -20% (proposed secondary of 3.5M shares)
01[09:25] {@Threei} -URBN -15% (earnings; negative broker commentary)
01[09:25] {@Threei} -ACHN -5% (momentum from GILD/ACHN rumors)
01[09:25] {@Threei} -ICPT -5% (separate cardiovascular outcomes trial not required for obeticholic acid & planning international Phase 3 trial)
01[09:25] {@Threei} -MNTA -4.5% (proposed secondary offering of 7.25M shares)
01[09:25] {@Threei} -DKS -4% (earnings)
01[09:25] {@Threei} -A -4% (earnings)
01[09:25] {@Threei} -VOD -3.8% (earnings)
[09:26] {jfjf64} Mornin gents
01[09:26] {@Threei} jf :)
[09:30] {nemo} HD
01[09:31] {@Threei} Long Setup: SLW 20 break
01[09:32] {@Threei} If holds .95
01[09:33] {@Threei} 1:1
01[09:34] {@Threei} 1:2
[09:35] {jfjf64} Ty
01[09:35] {@Threei} yw
01[09:35] {@Threei} Long Setup: FB .30 break
01[09:35] {@Threei} late
[09:35] {chasj} thank you
01[09:35] {@Threei} yw
[09:36] {jfjf64} Wmt lod break
01[09:36] {@Threei} valid again
01[09:36] {@Threei} If holds .20
[09:36] {jfjf64} Invalid
01[09:38] {@Threei} 1:1
[09:41] {jfjf64} Wmt valid
[09:41] {jfjf64} .75 break
[09:42] {jfjf64} 1:1
01[09:42] {@Threei} 1:2
[09:43] {jfjf64} Out fb
[09:43] {jfjf64} Ty
01[09:44] {@Threei} yw
01[09:44] {@Threei} 1:3
[09:45] {jfjf64} 1:2
[09:45] {jfjf64} Wmt
01[09:45] {@Threei} wtg
[09:45] {jfjf64} Out
[09:46] {jfjf64} Shit
01[09:59] {@Threei} Long Setup: WMT .30 break
01[09:59] {@Threei} If holds .20
[10:00] {nemo} two way perhaps
[10:00] {jfjf64} Think bounce
01[10:01] {@Threei} change to .20 break
01[10:01] {@Threei} If holds .15
01[10:04] {@Threei} meh
[10:09] {jfjf64} Jpm
[10:09] {jfjf64} Bounce
[10:09] {jfjf64} ?
01[10:10] {@Threei} no clear setup
[10:10] {jfjf64} Fb hittin support
[10:11] {jfjf64} .20
01[10:19] {@Threei} Long Setup: MCD 98 break
01[10:19] {@Threei} If holds .90
[10:20] {nemo} banks are so strong
[10:21] {jfjf64} Yes watchin
[10:21] {jfjf64} Wfc
[10:25] {drewj} Vad if I get into a trade a little late, say 2 or 3 cents should I move my stop up the same amount to keep at 10 cents or continue to use your stop level?
01[10:27] {@Threei} stop is determined by a chart configuration,
01[10:27] {@Threei} which doesn't change with your entry
[10:28] {drewj} ok
01[10:33] {@Threei} 1:1
01[10:44] {@Threei} 1:2
01[10:44] {@Threei} Comments by French ECB board member Coeurhave sent European stocks through the roof this morning. Coeur said the ECB would front-load its QE purchases because of the seasonal lack of liquidity in the summer, and asserted that the move was not a reaction to recent market conditions.
[10:44] {jfjf64} Comon micky
01[10:44] {@Threei} Warren Buffet's favorite US housing market indicator, housing starts, rose in April to its highest level since November of 2007. Starts jumped more than 20% sequentially to 1.135 million, for the biggest m/m gain in 25 years. Starts for single-family homes hit their highest level since January 2008.
01[10:45] {@Threei} Shares of retail titan Walmart are down nearly 4% after the firm missed revenue expectations in its first-quarter report. EPS was in-line, while comps were pretty soft and the firm's guidance for second quarter was subpar. Home Depot beat expectations and raised its FY forecast, however moderate gains in the stock are all but evaporated mid morning.
[10:47] {jfjf64} Hod mcd
[11:04] {jfjf64} Vg you still in mcd
01[11:04] {@Threei} yes
01[11:05] {@Threei} 1:3
[11:05] {jfjf64} Nice
[11:05] {jfjf64} Took 1:2
[11:05] {jfjf64} Ty
01[11:06] {@Threei} yw
01[11:09] {@Threei} Long Setup: VXX .30 break
01[11:09] {@Threei} If holds .25
01[11:17] {@Threei} Invalidated
01[11:23] {@Threei} 1:4 MCD
01[11:23] {@Threei} out
[11:25] {jfjf64} gj chief
01[11:27] {@Threei} :)
[11:41] {jfjf64} You like bounce here fb
01[11:44] {@Threei} oullback ynder .90 for double bottom, and I will
01[11:44] {@Threei} p
01[11:44] {@Threei} and u
01[11:44] {@Threei} lol
01[11:46] {@Threei} Long Setup: FB .90 break
01[11:46] {@Threei} If holds .80
[11:54] {jfjf64} Cmon
[11:54] {jfjf64} Off low
[11:54] {jfjf64} Bounce
[11:55] {jfjf64} .80 support
[11:55] {jfjf64} And lod
[11:55] {jfjf64} Help
[12:01] {jfjf64} What ya think
[12:01] {jfjf64} I'm sorry ya don't think
01[12:01] {@Threei} I don't
[12:01] {jfjf64} Lol
[12:01] {jfjf64} Tighten stop
[12:01] {jfjf64} We cant
[12:02] {jfjf64} 80 strong line
[12:04] {jfjf64} Half out me
[12:05] {jfjf64} Wonderful
[12:05] {jfjf64} Nice recovery
[12:06] {jfjf64} You with me
01[12:06] {@Threei} 1:1
01[12:06] {@Threei} yes
[12:06] {jfjf64} K
[12:07] {jfjf64} Thought ya fell sleep
[12:08] {nemo} I took .84
[12:08] {nemo} saw that big volume bar
01[12:08] {@Threei} I did, but how being asleep prevents you from trading?
[12:11] {nemo} my stop is .93
[12:15] {jfjf64} Use .91 nemo
[12:15] {jfjf64} My thoughts
[12:15] {nemo} see support @.95
[12:16] {jfjf64} Have it at .92
[12:16] {nemo} oh yeah, your moving average
[12:16] {nemo} I was looking at price support
[12:17] {jfjf64} Na pivot
[12:17] {jfjf64} Ma .96
[12:17] {nemo} that's .83
[12:17] {jfjf64} How is on first
[12:17] {jfjf64} Who
[12:17] {nemo} Pivot is 80.83
[12:18] {jfjf64} .91
[12:18] {jfjf64} Floor traders pivots 80.92
[12:18] {jfjf64} Bounces off it
[12:19] {nemo} from where are u calculating that?
[12:19] {jfjf64} They r auto on my charts ninja
[12:19] {jfjf64} Floor trader pivots
[12:19] {jfjf64} Amazing
[12:20] {jfjf64} R u still in
[12:20] {nemo} I use Freestockcharts
[12:20] {nemo} no out
[12:20] {jfjf64} Ahh
[12:20] {nemo} it hit your stop too
[12:21] {drewj} Got to go guys...taking daughter to the doctor.
[12:21] {drewj} Have a good rest of the afternoon.
[12:21] {jfjf64} Have good day drew
[12:21] {drewj} Ty
01[12:21] {@Threei} take care drew
[12:21] {drewj} See ya
[12:22] {jfjf64} Vg good mornin
[12:22] {jfjf64} 4 winners
[12:22] {jfjf64} 1 5 cent stop
[12:25] {jfjf64} Like this hlf long here
[12:26] {jfjf64} I don't know why
[12:31] {jfjf64} Going to lunch
01[13:50] {@Threei} Long Setup: FB 81 break
01[13:50] {@Threei} If holds .90
[13:59] {jfjf64} .95
[13:59] {jfjf64} Long
[14:00] {jfjf64} ?
01[14:02] {@Threei} ?
[14:03] {jfjf64} Fb nice pullbk
[14:03] {jfjf64} Seein if you agreed .95 break
01[14:03] {@Threei} sure
01[14:03] {@Threei} if I like 81, .95 is simply aggressive entry
[14:04] {jfjf64} Ya 81 never triggered did it
[14:09] {jfjf64} Airlines all in dumpster
[14:10] {jfjf64} Twtr
[14:10] {jfjf64} Push
01[14:14] {@Threei} 1:1
[14:14] {jfjf64} Twtr s .60
[14:14] {jfjf64} Break
[14:15] {jfjf64} Invalid
[14:18] {nemo} less than 40 mil spy
[14:19] {jfjf64} .70 s
[14:22] {jfjf64} 1:2 fb
[14:22] {jfjf64} Ty
[14:22] {jfjf64} No go twtr
01[14:23] {@Threei} 1:2
[14:29] {jfjf64} Twtr rinsed me
[14:29] {jfjf64} I'm pissed
01[14:35] {@Threei} no news
01[14:37] {@Threei} ugh
01[14:38] {@Threei} was looking at .10 VXX
[14:38] {jfjf64} Look fb
[14:38] {jfjf64} .92 that support earlier
[14:41] {jfjf64} Google brings tweets to google search mobile
[14:42] {jfjf64} Twtr partners with google
[14:46] {jfjf64} Mcd
[14:46] {jfjf64} Double top
[14:46] {jfjf64} ?
[14:46] {jfjf64} Boy that went up all day
01[14:46] {@Threei} or break
01[14:46] {@Threei} can't tell
[14:46] {jfjf64} 50/50
[14:47] {jfjf64} Lol
01[14:49] {@Threei} Short Setup: FB .90 break
01[14:49] {@Threei} If holds 81
[14:53] {jfjf64} Twtr .30 break
[14:56] {jfjf64} 1:1
[14:59] {jfjf64} Question if ya buying 1000 shares of say Twtr do you buy 1000 one shot or 500/500 ?
[15:00] {jfjf64} I realize all situation diff of course
[15:01] {jfjf64} But wondering
01[15:01] {@Threei} if I just buy a certain trigger, 1000
01[15:01] {@Threei} why would I break it?
[15:01] {jfjf64} That's what I do
[15:01] {jfjf64} 1000 one shot
01[15:01] {@Threei} half and half may make sense sometimes, but those are very specific situations
01[15:02] {@Threei} for instance, half aggressively and add half on a break
[15:02] {jfjf64} I lk that
01[15:04] {@Threei} 1:1
[15:05] {jfjf64} Very nice
[15:06] {jfjf64} .74 lod
[15:10] {jfjf64} .69.next support
[15:11] {jfjf64} Need spy b down .79
01[15:11] {@Threei} 1:2
[15:12] {jfjf64} Or not
[15:12] {jfjf64} .51 here we come
01[15:13] {@Threei} 1:3
[15:15] {jfjf64} Where trail .73
01[15:15] {@Threei} .71
01[15:15] {@Threei} done
01[15:15] {@Threei} ending beautiful day on this
01[15:15] {@Threei} thanks guys, see you tomorrow
[15:15] {jfjf64} Nice job
[15:16] {jfjf64} 6 wins
[15:16] {jfjf64} Nice day
[15:16] {jfjf64} Go relax take some pictures
01[15:16] {@Threei} :)
Monday, May 18, 2015
May 18 2015
As customary of late - nice profitable morning, back and forth afternoon. Couple juicy wins made the day, finished with scalp too.
Session Time: Mon May 18 00:00:00 2015
[09:03] {chasj} Great to be back, had to travel and take care of some family business.
01[09:04] {@Threei} morning chas
01[09:04] {@Threei} was a decent week
[09:04] {chasj} Missed some good early morn trades
01[09:05] {@Threei} that's OK... we will get more
[09:08] {drewj} gm
01[09:08] {@Threei} drew :)
01[09:30] {@Threei} (GR) Reportedly EU Commission to offer Greece a compromise deal
01[09:31] {@Threei} Long Setup: IWM .35 break
01[09:32] {@Threei} Invalidated
01[09:32] {@Threei} Long Setup: FB .50 break
01[09:32] {@Threei} If holds .40
01[09:33] {@Threei} change to .40 break
01[09:33] {@Threei} If holds .30
01[09:34] {@Threei} 1:1
[09:36] {jfjf64} Baba s lod
01[09:36] {@Threei} Long Setup: IWM .35 break
01[09:36] {@Threei} If holds .25
01[09:37] {@Threei} 1:1
01[09:38] {@Threei} 1:2
01[09:42] {@Threei} 1:3
01[09:42] {@Threei} closed
[09:42] {jfjf64} Ty
[09:43] {chasj} missed it had a tel call
01[09:47] {@Threei} you guys need to turn your phones off for the first 30 min
[09:47] {nemo} huh?
01[09:47] {@Threei} this must be 5th time I see "phone call, missed a trade" over last couple weeks at thwe open
[09:48] {drewj} long CAT?
01[09:48] {@Threei} Long Setup: FB .60 break
01[09:48] {@Threei} If holds .50
[09:49] {drewj} JPM hod
01[09:51] {@Threei} 1:1
01[09:53] {@Threei} 1:2
[09:55] {chasj} no phone call ty
01[09:55] {@Threei} :)
01[09:56] {@Threei} Long Setup: CAT .80 break
01[09:56] {@Threei} If holds .70
01[09:57] {@Threei} Upside:
01[09:57] {@Threei} -ANN +22% (agreed to be acquired by Ascena Retail Group for $47/shr)
01[09:57] {@Threei} -DRRX +12% (positive results from DUR-928 Phase 1 study)
01[09:57] {@Threei} -ASNA +8% (acquiring ANN for $47/shr)
01[09:57] {@Threei} -ALTR +6% (CNBC's Faber says principal-to-principal talks between Intel/Altera last week)
01[09:57] {@Threei} -CMGE +3% (received nonbinding proposal for acquisition at $21.50/shr)
01[09:57] {@Threei} -PENN +2.6% (positive broker commentary)
01[09:57] {@Threei} -PBR +2.2% (earnings momentum)
01[09:57] {@Threei} -OCN +2.2% (in talks related to lending agreement)
01[09:57] {@Threei} Downside:
01[09:57] {@Threei} -EBIO -75% (release of Phase 3 results for EBI-005)
01[09:57] {@Threei} -CHA -3% (CHU plans to but mobile data prices by 20%)
01[09:57] {@Threei} -JASO -2.9% (earnings)
01[09:57] {@Threei} -ESLT -1.7% (earnings)
01[10:00] {@Threei} *(US) MAY NAHB HOUSING MARKET INDEX: 54 V 57E
01[10:02] {@Threei} Long Setup: MCD .95 break
01[10:02] {@Threei} If holds .85
01[10:04] {@Threei} Invalidated
[10:05] {jfjf64} Gmcr s lod .65
01[10:06] {@Threei} change MCD to .80 break
01[10:06] {@Threei} If holds .70
01[10:08] {@Threei} no go
[10:10] {nemo} relative volume already so low today
01[10:14] {@Threei} Short Setup: TWTR .25 break
01[10:14] {@Threei} If holds .35
06[10:19] * @Threei hits TWTR over the head with 2x4
01[10:20] {@Threei} 1:1
01[10:23] {@Threei} [MU] Hearing chatter Intel may have recently had informal discussions with Micron about potential for merger **NOTE: A report earlier today said Intel had resumed merger talks with Altera
[10:25] {jfjf64} Out ful gmcr total 32 cents
01[10:25] {@Threei} nice
[10:25] {jfjf64} Fb
[10:25] {jfjf64} ?
01[10:26] {@Threei} pullback .50 would be nice
01[10:28] {@Threei} CAT stop to .74
[10:31] {jfjf64} Altr watch
[10:31] {jfjf64} 48 break
01[10:32] {@Threei} half out CAT
01[10:32] {@Threei} stop to .79
[10:32] {jfjf64} Swks watch
[10:36] {jfjf64} That Fb didn't pullbk for us
01[10:37] {@Threei} oh well
01[10:46] {@Threei} 1/4 more out CAT
01[10:46] {@Threei} finally woke up
[10:54] {jfjf64} .60 l fb
[10:54] {jfjf64} Hold .50
[10:54] {jfjf64} Invalid
[10:55] {jfjf64} .50
01[10:55] {@Threei} Long Setup: FB .50 break
01[10:55] {@Threei} If holds .40
[10:55] {jfjf64} Let's go fb
[10:59] {jfjf64} Spy movin
[11:00] {jfjf64} AAPL movin
[11:01] {jfjf64} Movin stop lose up .44
[11:07] {jfjf64} I will renter 50 break
[11:09] {jfjf64} Spy hod
01[11:14] {@Threei} 1:1
[11:16] {jfjf64} Gmcr .42 long
[11:22] {jfjf64} 1:2 fb vg
[11:22] {jfjf64} Ya sleepin
[11:22] {drewj} He must be on the phone :)
[11:22] {jfjf64} Yes
[11:23] {drewj} jf what type of scanner do you use for finding HOL and LOD?
01[11:23] {@Threei} lol
01[11:23] {@Threei} 1:2
[11:24] {jfjf64} I use trade ideas scanner
[11:24] {drewj} ok
[11:24] {drewj} ty
[11:24] {jfjf64} My charts ninja have hod lod on them
01[11:24] {@Threei} 1:3
[11:24] {jfjf64} Go fb
[11:24] {jfjf64} Go gmcr
[11:26] {jfjf64} Out gmcr
[11:26] {jfjf64} + .18
01[11:31] {@Threei} Both the DJIA and S&P500 are points away from recent all-time highs this morning. Trading volumes are lighter and the action has been pretty choppy. US and European government bond yields moved higher this morning, with the UST 10-year yield gaining more than seven basis points to trade 2.216%.
[11:49] {jfjf64} For slow mkt profitable
[11:49] {jfjf64} Nice job
01[11:49] {@Threei} Short Setup: CAT .80 break
01[11:49] {@Threei} If holds .90
01[11:57] {@Threei} Invalidated
01[11:58] {@Threei} Short Setup: FB 81 break
01[11:58] {@Threei} If holds .10
01[12:00] {@Threei} Short Setup: AIG .80 break
01[12:00] {@Threei} If holds .90
01[12:06] {@Threei} no go FB
[12:12] {chasj} AIG still valid?
01[12:14] {@Threei} yes
[12:14] {chasj} ty
01[12:22] {@Threei} Short Setup: JPM .25 bresk
01[12:22] {@Threei} If holds .33
01[12:23] {@Threei} just a scalp most likely
01[12:26] {@Threei} Invalidated AIG
01[13:01] {@Threei} no go
01[13:01] {@Threei} random time
01[13:01] {@Threei} be back in an hour
[13:57] {chasj} Got closed out of chat room, but see no conversation can anyone confirm they read me
01[13:58] {@Threei} yes
[13:58] {chasj} ty
01[14:01] {@Threei} from this Fri: https://www.facebook.com/VadymGraiferPhotography/posts/841771315902385
01[14:02] {@Threei} by now attracted 20.5 thousand views
01[14:16] {@Threei} Long Setup: VXX .55 break
01[14:16] {@Threei} If holds .50
01[14:36] {@Threei} Invalidated
01[14:39] {@Threei} Long Setup: FB .20 break
01[14:39] {@Threei} If holds .10
[14:56] {jfjf64} Did I miss anything vg
01[14:56] {@Threei} no, invalidated setups
01[15:04] {@Threei} Long Setup: FB ..05 break
01[15:04] {@Threei} If holds .95
01[15:16] {@Threei} 1:1
[15:18] {jfjf64} Hod here we come
[15:19] {jfjf64} Wouldn't that be wonderful
01[15:21] {@Threei} quite possible too
[15:21] {jfjf64} I think
[15:22] {jfjf64} 20 break sd get some pop
[15:32] {chasj} Vad ty, See you tomorrow
01[15:33] {@Threei} take care chas
[15:35] {jfjf64} 20k views fb
[15:35] {jfjf64} Nice vg
01[15:35] {@Threei} people love orcas
[15:36] {drewj} Thanks Vad
01[15:36] {@Threei} yw
[15:36] {nemo} I like orcas eating people
[15:36] {drewj} Have a good afternoon
01[15:36] {@Threei} haven't seen that nemo
01[15:36] {@Threei} but lucky observers did see them eating seals
01[15:41] {@Threei} ok guys, ending on htis
01[15:41] {@Threei} see you tomorrow
Session Time: Mon May 18 00:00:00 2015
[09:03] {chasj} Great to be back, had to travel and take care of some family business.
01[09:04] {@Threei} morning chas
01[09:04] {@Threei} was a decent week
[09:04] {chasj} Missed some good early morn trades
01[09:05] {@Threei} that's OK... we will get more
[09:08] {drewj} gm
01[09:08] {@Threei} drew :)
01[09:30] {@Threei} (GR) Reportedly EU Commission to offer Greece a compromise deal
01[09:31] {@Threei} Long Setup: IWM .35 break
01[09:32] {@Threei} Invalidated
01[09:32] {@Threei} Long Setup: FB .50 break
01[09:32] {@Threei} If holds .40
01[09:33] {@Threei} change to .40 break
01[09:33] {@Threei} If holds .30
01[09:34] {@Threei} 1:1
[09:36] {jfjf64} Baba s lod
01[09:36] {@Threei} Long Setup: IWM .35 break
01[09:36] {@Threei} If holds .25
01[09:37] {@Threei} 1:1
01[09:38] {@Threei} 1:2
01[09:42] {@Threei} 1:3
01[09:42] {@Threei} closed
[09:42] {jfjf64} Ty
[09:43] {chasj} missed it had a tel call
01[09:47] {@Threei} you guys need to turn your phones off for the first 30 min
[09:47] {nemo} huh?
01[09:47] {@Threei} this must be 5th time I see "phone call, missed a trade" over last couple weeks at thwe open
[09:48] {drewj} long CAT?
01[09:48] {@Threei} Long Setup: FB .60 break
01[09:48] {@Threei} If holds .50
[09:49] {drewj} JPM hod
01[09:51] {@Threei} 1:1
01[09:53] {@Threei} 1:2
[09:55] {chasj} no phone call ty
01[09:55] {@Threei} :)
01[09:56] {@Threei} Long Setup: CAT .80 break
01[09:56] {@Threei} If holds .70
01[09:57] {@Threei} Upside:
01[09:57] {@Threei} -ANN +22% (agreed to be acquired by Ascena Retail Group for $47/shr)
01[09:57] {@Threei} -DRRX +12% (positive results from DUR-928 Phase 1 study)
01[09:57] {@Threei} -ASNA +8% (acquiring ANN for $47/shr)
01[09:57] {@Threei} -ALTR +6% (CNBC's Faber says principal-to-principal talks between Intel/Altera last week)
01[09:57] {@Threei} -CMGE +3% (received nonbinding proposal for acquisition at $21.50/shr)
01[09:57] {@Threei} -PENN +2.6% (positive broker commentary)
01[09:57] {@Threei} -PBR +2.2% (earnings momentum)
01[09:57] {@Threei} -OCN +2.2% (in talks related to lending agreement)
01[09:57] {@Threei} Downside:
01[09:57] {@Threei} -EBIO -75% (release of Phase 3 results for EBI-005)
01[09:57] {@Threei} -CHA -3% (CHU plans to but mobile data prices by 20%)
01[09:57] {@Threei} -JASO -2.9% (earnings)
01[09:57] {@Threei} -ESLT -1.7% (earnings)
01[10:00] {@Threei} *(US) MAY NAHB HOUSING MARKET INDEX: 54 V 57E
01[10:02] {@Threei} Long Setup: MCD .95 break
01[10:02] {@Threei} If holds .85
01[10:04] {@Threei} Invalidated
[10:05] {jfjf64} Gmcr s lod .65
01[10:06] {@Threei} change MCD to .80 break
01[10:06] {@Threei} If holds .70
01[10:08] {@Threei} no go
[10:10] {nemo} relative volume already so low today
01[10:14] {@Threei} Short Setup: TWTR .25 break
01[10:14] {@Threei} If holds .35
06[10:19] * @Threei hits TWTR over the head with 2x4
01[10:20] {@Threei} 1:1
01[10:23] {@Threei} [MU] Hearing chatter Intel may have recently had informal discussions with Micron about potential for merger **NOTE: A report earlier today said Intel had resumed merger talks with Altera
[10:25] {jfjf64} Out ful gmcr total 32 cents
01[10:25] {@Threei} nice
[10:25] {jfjf64} Fb
[10:25] {jfjf64} ?
01[10:26] {@Threei} pullback .50 would be nice
01[10:28] {@Threei} CAT stop to .74
[10:31] {jfjf64} Altr watch
[10:31] {jfjf64} 48 break
01[10:32] {@Threei} half out CAT
01[10:32] {@Threei} stop to .79
[10:32] {jfjf64} Swks watch
[10:36] {jfjf64} That Fb didn't pullbk for us
01[10:37] {@Threei} oh well
01[10:46] {@Threei} 1/4 more out CAT
01[10:46] {@Threei} finally woke up
[10:54] {jfjf64} .60 l fb
[10:54] {jfjf64} Hold .50
[10:54] {jfjf64} Invalid
[10:55] {jfjf64} .50
01[10:55] {@Threei} Long Setup: FB .50 break
01[10:55] {@Threei} If holds .40
[10:55] {jfjf64} Let's go fb
[10:59] {jfjf64} Spy movin
[11:00] {jfjf64} AAPL movin
[11:01] {jfjf64} Movin stop lose up .44
[11:07] {jfjf64} I will renter 50 break
[11:09] {jfjf64} Spy hod
01[11:14] {@Threei} 1:1
[11:16] {jfjf64} Gmcr .42 long
[11:22] {jfjf64} 1:2 fb vg
[11:22] {jfjf64} Ya sleepin
[11:22] {drewj} He must be on the phone :)
[11:22] {jfjf64} Yes
[11:23] {drewj} jf what type of scanner do you use for finding HOL and LOD?
01[11:23] {@Threei} lol
01[11:23] {@Threei} 1:2
[11:24] {jfjf64} I use trade ideas scanner
[11:24] {drewj} ok
[11:24] {drewj} ty
[11:24] {jfjf64} My charts ninja have hod lod on them
01[11:24] {@Threei} 1:3
[11:24] {jfjf64} Go fb
[11:24] {jfjf64} Go gmcr
[11:26] {jfjf64} Out gmcr
[11:26] {jfjf64} + .18
01[11:31] {@Threei} Both the DJIA and S&P500 are points away from recent all-time highs this morning. Trading volumes are lighter and the action has been pretty choppy. US and European government bond yields moved higher this morning, with the UST 10-year yield gaining more than seven basis points to trade 2.216%.
[11:49] {jfjf64} For slow mkt profitable
[11:49] {jfjf64} Nice job
01[11:49] {@Threei} Short Setup: CAT .80 break
01[11:49] {@Threei} If holds .90
01[11:57] {@Threei} Invalidated
01[11:58] {@Threei} Short Setup: FB 81 break
01[11:58] {@Threei} If holds .10
01[12:00] {@Threei} Short Setup: AIG .80 break
01[12:00] {@Threei} If holds .90
01[12:06] {@Threei} no go FB
[12:12] {chasj} AIG still valid?
01[12:14] {@Threei} yes
[12:14] {chasj} ty
01[12:22] {@Threei} Short Setup: JPM .25 bresk
01[12:22] {@Threei} If holds .33
01[12:23] {@Threei} just a scalp most likely
01[12:26] {@Threei} Invalidated AIG
01[13:01] {@Threei} no go
01[13:01] {@Threei} random time
01[13:01] {@Threei} be back in an hour
[13:57] {chasj} Got closed out of chat room, but see no conversation can anyone confirm they read me
01[13:58] {@Threei} yes
[13:58] {chasj} ty
01[14:01] {@Threei} from this Fri: https://www.facebook.com/VadymGraiferPhotography/posts/841771315902385
01[14:02] {@Threei} by now attracted 20.5 thousand views
01[14:16] {@Threei} Long Setup: VXX .55 break
01[14:16] {@Threei} If holds .50
01[14:36] {@Threei} Invalidated
01[14:39] {@Threei} Long Setup: FB .20 break
01[14:39] {@Threei} If holds .10
[14:56] {jfjf64} Did I miss anything vg
01[14:56] {@Threei} no, invalidated setups
01[15:04] {@Threei} Long Setup: FB ..05 break
01[15:04] {@Threei} If holds .95
01[15:16] {@Threei} 1:1
[15:18] {jfjf64} Hod here we come
[15:19] {jfjf64} Wouldn't that be wonderful
01[15:21] {@Threei} quite possible too
[15:21] {jfjf64} I think
[15:22] {jfjf64} 20 break sd get some pop
[15:32] {chasj} Vad ty, See you tomorrow
01[15:33] {@Threei} take care chas
[15:35] {jfjf64} 20k views fb
[15:35] {jfjf64} Nice vg
01[15:35] {@Threei} people love orcas
[15:36] {drewj} Thanks Vad
01[15:36] {@Threei} yw
[15:36] {nemo} I like orcas eating people
[15:36] {drewj} Have a good afternoon
01[15:36] {@Threei} haven't seen that nemo
01[15:36] {@Threei} but lucky observers did see them eating seals
01[15:41] {@Threei} ok guys, ending on htis
01[15:41] {@Threei} see you tomorrow
Friday, May 15, 2015
Market Week Wrap-up
TradeTheNews.com Weekly
Market Update: Turbulent Markets Draw More Stimulus, May Delay Fed Liftoff
Fri, 15 May 2015 17:03 PM EST
Equities wove in and out of negative territory this week and bond markets were choppy, even as the DJIA and S&P500 quietly tested all-time highs. China started the week off with more stimulus - the PBoC cut rates for the third time since November. The US April retail sales and industrial production reports were quite soft, lending ammunition to participants saying the Fed would not be raising rates this summer. ECB President Draghi dismissed criticisms of his €1.1 trillion QE program on Thursday, reiterating that the ECB would buy the full allotment under the program and insisting that the plan would help prepare the Eurozone for higher rates. Greece made minor concessions to its partners on asset sales, but little movement is apparent in negotiations. For the week, the DJIA edged up 0.4%, the S&P500 added 0.3% and the Nasdaq rose 0.9%.
There were two April US economic reports with disappointing numbers but positive revisions to the March data: advance retail sales and industrial production. Retails sales were pretty weak, with total sales and the control group (which feeds into the GDP reading) unchanged, widely missing expectations. Meanwhile, the March headline sales figure was revised from 0.9% to 1.1% and the control was revised from 0.3% to 0.5%. Sales in April were curbed by declines in big-ticket receipts such as autos, furniture, electronics and appliances. The Atlanta Fed lowered its GDPnow rolling Q2 GDP forecast to 0.7% from 0.8% in the wake of the retail sales data. Likewise, industrial production was lower than expected, but the March report was raised to -0.3% from -0.6%. The University of Michigan consumer sentiment index on Friday also disappointed, registering its lowest reading since October and showed inflation expectations are rising.
The doves were out for the Fed this week with Dudley and Williams reiterating data dependence and cautioning again that global markets are sure to have some reaction when Fed rate lift off occurs. Williams also said he agrees with the sentiment expressed by Chair Yellen that equity valuations are quite high.
Negotiations between Greece and its European creditors went nowhere again this week. On Tuesday, Greece made its latest debt payment to the IMF on time, however Athens used €650M in funds from its own IMF account to help meet the €750M obligation, underlining the depth of the nation's cash crunch. First quarter GDP data revealed that the economy has already returned to recession. Finance Minister Varoufakis stepped up his war of words with Eurozone policymakers, saying he wished his country still had the drachma and warning he would not sign any bailout plan that would send his country into a "death spiral."
A return to GDP growth in France and Italy in Q1 helped boost eurozone economic growth in Q1 to +0.4% over the prior quarter and +1.0% on an annualized basis, its best rate in years. As of Q1, all the major eurozone economies are growing, cementing hopes for a real economic recovery. The caveat was Germany, where Q1 GDP was only +0.3% q/q, missing expectations for +0.7% growth. In the UK, the Bank of England cut its 2015 growth forecast from 2.9% to 2.5%, and 2016 from 2.9% to 2.6%, citing higher interest rates, stronger GBP and weaker productivity. EUR/USD took another leg up on the better data, rising from lows of 1.1140 to test three-month highs around 1.1450 on both Thursday and Friday. Traders note that after trading down five big figures from 1.1000 to 1.0500 in the first two months of the year, EUR/USD is making measured moves upward to test five big figures up from 1.000.
The bond selloff claimed victims in Asia this week, as a Japanese 10-year bond auction drew bids for 2.24x, the lowest in six years. Yields on German and US paper spiked again in the first half of the week, but appeared to reverse after testing some key technical levels. The 10-year UST touched 2.370% on Tuesday, its highest level since last November, but had dropped more than 20 basis points to trade around 2.15% on Friday. The 10-year bund peaked at 0.735% on Wednesday, but had dropped over ten basis points to 0.62% by Friday. Analysts continue to argue over the causes, with many citing poor liquidity and the stampede out of long positions as the best candidate for the moves in yields.
Shares of major US retailers lost ground this week after the April retail sales report and some mixed-to-poor quarterly reports. The biggest loser was Kohls, with shares off nearly 14% on the week after the firm missed revenue expectations, after reporting tepid comp growth and refraining from offering guidance. Fellow department store name Macys lost ground after missing both top- and bottom-line expectations and seeing comps go negative.
Cisco reported a modest y/y gain in revenue in its third quarter, with both earnings and revenues just a hair above expectations. The firm's fourth-quarter guidance was right in line. In his last quarterly conference call as CEO, John Chambers addressed emerging technologies head on, claiming that Cisco was slimming teams and speeding up development to compete with software-defined networking startups. Chambers also shot down rumors that Cisco was considering a takeover approach for security specialist FireEye.
By a narrow margin, DuPont investors rejected Nelson Peltz's attempt to get on the board at the annual meeting, the first failure for an activist campaign mounted by Trian Fund Management. The outcome was a victory for DuPont Chairman and CEO Kullman, who refused to settle the proxy fight by giving a board seat to Peltz. Trian had splitting DuPont into two companies.
China continues to ramp up its stimulus. Over the weekend, the PBoC cut key rates for the second time this year. The easing - a 25bp cut in deposit and lending rates to 2.25% and 5.10%, respectively - was expected after the downbeat trade numbers last week. The cut was further justified by April industrial production data missing expectations by a tenth of a percent, and retail sales also disappointing and touching a multi-year low (at +10%). Money supply and credit figures were similarly worrisome, as M2 slowed to a record low of 10.1% and new loans missed expectations by over CNY100B at just over CNY700B, a 4-month low. Expectations for steady easing helped the Shanghai Composite to another 2.4% rise for the week, despite the profit-taking on Friday attributed to strong demand for a new batch of IPOs.
Fri, 15 May 2015 17:03 PM EST
Equities wove in and out of negative territory this week and bond markets were choppy, even as the DJIA and S&P500 quietly tested all-time highs. China started the week off with more stimulus - the PBoC cut rates for the third time since November. The US April retail sales and industrial production reports were quite soft, lending ammunition to participants saying the Fed would not be raising rates this summer. ECB President Draghi dismissed criticisms of his €1.1 trillion QE program on Thursday, reiterating that the ECB would buy the full allotment under the program and insisting that the plan would help prepare the Eurozone for higher rates. Greece made minor concessions to its partners on asset sales, but little movement is apparent in negotiations. For the week, the DJIA edged up 0.4%, the S&P500 added 0.3% and the Nasdaq rose 0.9%.
There were two April US economic reports with disappointing numbers but positive revisions to the March data: advance retail sales and industrial production. Retails sales were pretty weak, with total sales and the control group (which feeds into the GDP reading) unchanged, widely missing expectations. Meanwhile, the March headline sales figure was revised from 0.9% to 1.1% and the control was revised from 0.3% to 0.5%. Sales in April were curbed by declines in big-ticket receipts such as autos, furniture, electronics and appliances. The Atlanta Fed lowered its GDPnow rolling Q2 GDP forecast to 0.7% from 0.8% in the wake of the retail sales data. Likewise, industrial production was lower than expected, but the March report was raised to -0.3% from -0.6%. The University of Michigan consumer sentiment index on Friday also disappointed, registering its lowest reading since October and showed inflation expectations are rising.
The doves were out for the Fed this week with Dudley and Williams reiterating data dependence and cautioning again that global markets are sure to have some reaction when Fed rate lift off occurs. Williams also said he agrees with the sentiment expressed by Chair Yellen that equity valuations are quite high.
Negotiations between Greece and its European creditors went nowhere again this week. On Tuesday, Greece made its latest debt payment to the IMF on time, however Athens used €650M in funds from its own IMF account to help meet the €750M obligation, underlining the depth of the nation's cash crunch. First quarter GDP data revealed that the economy has already returned to recession. Finance Minister Varoufakis stepped up his war of words with Eurozone policymakers, saying he wished his country still had the drachma and warning he would not sign any bailout plan that would send his country into a "death spiral."
A return to GDP growth in France and Italy in Q1 helped boost eurozone economic growth in Q1 to +0.4% over the prior quarter and +1.0% on an annualized basis, its best rate in years. As of Q1, all the major eurozone economies are growing, cementing hopes for a real economic recovery. The caveat was Germany, where Q1 GDP was only +0.3% q/q, missing expectations for +0.7% growth. In the UK, the Bank of England cut its 2015 growth forecast from 2.9% to 2.5%, and 2016 from 2.9% to 2.6%, citing higher interest rates, stronger GBP and weaker productivity. EUR/USD took another leg up on the better data, rising from lows of 1.1140 to test three-month highs around 1.1450 on both Thursday and Friday. Traders note that after trading down five big figures from 1.1000 to 1.0500 in the first two months of the year, EUR/USD is making measured moves upward to test five big figures up from 1.000.
The bond selloff claimed victims in Asia this week, as a Japanese 10-year bond auction drew bids for 2.24x, the lowest in six years. Yields on German and US paper spiked again in the first half of the week, but appeared to reverse after testing some key technical levels. The 10-year UST touched 2.370% on Tuesday, its highest level since last November, but had dropped more than 20 basis points to trade around 2.15% on Friday. The 10-year bund peaked at 0.735% on Wednesday, but had dropped over ten basis points to 0.62% by Friday. Analysts continue to argue over the causes, with many citing poor liquidity and the stampede out of long positions as the best candidate for the moves in yields.
Shares of major US retailers lost ground this week after the April retail sales report and some mixed-to-poor quarterly reports. The biggest loser was Kohls, with shares off nearly 14% on the week after the firm missed revenue expectations, after reporting tepid comp growth and refraining from offering guidance. Fellow department store name Macys lost ground after missing both top- and bottom-line expectations and seeing comps go negative.
Cisco reported a modest y/y gain in revenue in its third quarter, with both earnings and revenues just a hair above expectations. The firm's fourth-quarter guidance was right in line. In his last quarterly conference call as CEO, John Chambers addressed emerging technologies head on, claiming that Cisco was slimming teams and speeding up development to compete with software-defined networking startups. Chambers also shot down rumors that Cisco was considering a takeover approach for security specialist FireEye.
By a narrow margin, DuPont investors rejected Nelson Peltz's attempt to get on the board at the annual meeting, the first failure for an activist campaign mounted by Trian Fund Management. The outcome was a victory for DuPont Chairman and CEO Kullman, who refused to settle the proxy fight by giving a board seat to Peltz. Trian had splitting DuPont into two companies.
China continues to ramp up its stimulus. Over the weekend, the PBoC cut key rates for the second time this year. The easing - a 25bp cut in deposit and lending rates to 2.25% and 5.10%, respectively - was expected after the downbeat trade numbers last week. The cut was further justified by April industrial production data missing expectations by a tenth of a percent, and retail sales also disappointing and touching a multi-year low (at +10%). Money supply and credit figures were similarly worrisome, as M2 slowed to a record low of 10.1% and new loans missed expectations by over CNY100B at just over CNY700B, a 4-month low. Expectations for steady easing helped the Shanghai Composite to another 2.4% rise for the week, despite the profit-taking on Friday attributed to strong demand for a new batch of IPOs.
May 15 2015
Same market, same scenario - positive day, mostly done in the morning. Afternoon trading is for the most part is random.
Session Time: Fri May 15 00:00:00 2015
[09:05] {drewj} gm
01[09:05] {@Threei} drew :)
01[09:29] {@Threei} people refuse to wake up
[09:29] {cosmo} May showers bring June flowers...hmm
01[09:30] {@Threei} Upside:
01[09:30] {@Threei} -BSQR +35% (earnings)
01[09:30] {@Threei} -OSUR +11.2% (momentum)
01[09:30] {@Threei} -TRIL +11% (positive broker commentary)
01[09:30] {@Threei} -AMAT +4% (earnings)
01[09:30] {@Threei} -NFLX +3.2% (rumors that the company entering Chinese market with a media company backed by Jack Ma)
01[09:30] {@Threei} Downside:
01[09:30] {@Threei} -LOCO -13% (earnings)
01[09:30] {@Threei} -KING -8.3% (earnings)
01[09:30] {@Threei} -GMCR -6% (Keurig Kold presentation)
01[09:30] {@Threei} -WB -4% (earnings)
01[09:32] {@Threei} Long Setup: FB .20 break
01[09:32] {@Threei} If holds .10
01[09:32] {@Threei} 1:1
01[09:33] {@Threei} 1:2
[09:33] {jfjf64} Missed it
[09:33] {jfjf64} Grr
[09:33] {jfjf64} Fb
[09:33] {jfjf64} ?
01[09:33] {@Threei} because slept in
01[09:33] {@Threei} yes
[09:34] {jfjf64} On phone bank
01[09:39] {@Threei} Long Setup: IWM .50 break
01[09:39] {@Threei} If holds .40
01[09:40] {@Threei} change to .45
01[09:41] {@Threei} Invalidated
[09:43] {jfjf64} Fb bounce
01[09:45] {@Threei} Long Setup: IWM .10 break
01[09:45] {@Threei} If holds 123
[09:46] {jfjf64} 1:1
[09:48] {jfjf64} 1:2
01[09:49] {@Threei} 1:2
01[09:49] {@Threei} love it when they skip 1:1
[09:49] {jfjf64} 1:3 fb
01[09:50] {@Threei} wtg
[09:50] {jfjf64} Yes
[09:50] {jfjf64} Ty
[09:50] {jfjf64} Fb got to pay me also in am
[09:50] {jfjf64} Car break
[09:50] {jfjf64} Hod
[09:50] {jfjf64} Lov chart
[09:51] {jfjf64} 30 min orb
[09:52] {jfjf64} Fb done
[09:56] {jfjf64} Mkt looks lower
01[09:59] {@Threei} Long Setup: MCD .65 break
01[10:00] {@Threei} *(US) MAY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 88.6 V 95.9E
01[10:12] {@Threei} 1:1
[10:14] {jfjf64} Car watch
01[10:21] {@Threei} 1:2
[10:21] {jfjf64} Nice mcd
[10:22] {jfjf64} .95 hod
[10:23] {jfjf64} Same pattern we had think. Mon tue
[10:23] {jfjf64} Mcd
[10:23] {jfjf64} Broke hod
01[10:24] {@Threei} 1:3
[10:24] {jfjf64} Trail.86
[10:25] {jfjf64} ?
01[10:26] {@Threei} .84
[10:26] {jfjf64} Ty
[10:27] {jfjf64} Think Nemo goes out on Thursday nights
[10:27] {jfjf64} Ladies night
[10:30] {jfjf64} Me out
[10:30] {jfjf64} Ty
01[10:30] {@Threei} yw
[10:34] {jfjf64} Car again
01[10:39] {@Threei} Long Setup: FB .20 break
01[10:39] {@Threei} If holds .10
01[10:48] {@Threei} no go
[10:52] {jfjf64} Mcd hod
01[11:01] {@Threei} wow
[11:01] {jfjf64} Big mac
[11:02] {jfjf64} Extra cheese
[11:03] {jfjf64} And bacon
01[11:03] {@Threei} MCD Ticking higher on chatter of activist interest- Trian (Peltz) rumored as interested in pushing for REIT spinoff
[11:04] {jfjf64} Splk
[11:05] {jfjf64} 71 break
[11:10] {jfjf64} Short here mcd
[11:10] {jfjf64} .85
[11:16] {jfjf64} Out mcd
[11:17] {jfjf64} Ya take that vg
01[11:18] {@Threei} no
01[11:21] {@Threei} Long Setup: FB .60 break
01[11:21] {@Threei} If holds .50
[11:25] {jfjf64} Cbi
[11:25] {jfjf64} Flyin
[11:26] {jfjf64} 55.75
[11:26] {jfjf64} Short
[11:26] {jfjf64} 300 shares
[11:27] {jfjf64} Nope
[11:38] {jfjf64} Going to lunch vg
[11:38] {jfjf64} Mcd of course
01[12:06] {@Threei} Short Setup: MCD 98 break
01[12:06] {@Threei} If holds .10
01[12:08] {@Threei} Short Setup: FB .50 break
01[12:08] {@Threei} If holds 60
01[12:15] {@Threei} (close enough)
01[12:15] {@Threei} 1:1 FB
01[12:22] {@Threei} 1:1 MCD
01[12:33] {@Threei} 1:2 FB
01[12:38] {@Threei} new low
[12:39] {nemo} what? in your sense of humor?
01[12:39] {@Threei} no, that was reached long ago
01[12:39] {@Threei} rock bottom
[12:50] {nemo} V could dribble to .20ish
01[13:02] {@Threei} Long Setup: FB .45 break
01[13:02] {@Threei} If holds .35
01[13:13] {@Threei} no go
01[13:16] {@Threei} be back in 45
01[14:13] {@Threei} "The fact that there's a highway to hell and only a stairway to heaven says a lot about anticipated traffic numbers."
[14:14] {jfjf64} What up boys
01[14:14] {@Threei} not much
[14:14] {drewj} Feeling negative Vad?
01[14:14] {@Threei} but looking
01[14:14] {@Threei} me? no
01[14:15] {@Threei} realistic {G}
01[14:15] {@Threei} as russian saying goes...optimists study Enlgish, pessimists - Chinese, realists - AK-47
[14:16] {drewj} wow
01[14:17] {@Threei} can't tell up or down]
01[14:17] {@Threei} too random
[14:20] {jfjf64} Fb like short .45 break
01[14:20] {@Threei} ok... VXX
[14:20] {jfjf64} 5 cent stop
01[14:20] {@Threei} Long Setup: VXX .20 break
01[14:20] {@Threei} If holds .15
[14:24] {jfjf64} 1:1 fb
01[14:36] {@Threei} VXX useless
[14:38] {jfjf64} Twx 15
[14:39] {drewj} Where has dino been vad?
01[14:39] {@Threei} golf trip till Wed
01[14:39] {@Threei} he takes those now and then
[14:39] {drewj} I'm terrible at golf
[14:39] {drewj} too slow
01[14:40] {@Threei} however terrible you are, you sure are better than I am
[14:40] {drewj} it's like an expensive walk through a park
[14:40] {drewj} that's hard to do vad
01[14:40] {@Threei} to be better than me at golf? not at all
01[14:41] {@Threei} you just need to play it once
[14:41] {drewj} we should try it while drinking
01[14:41] {@Threei} let's just drink
[14:41] {drewj} maybe our scores would improve
01[14:41] {@Threei} I am happy to have them where they are
[14:42] {drewj} lol
[14:42] {drewj} I don't care either
01[14:42] {@Threei} I prefer to remain good at what I do well
01[14:43] {@Threei} you try my shashlyk once, you will wilt and die if you can't get it again
[14:43] {drewj} going to have to google that word
01[14:43] {@Threei} http://en.wikipedia.org/wiki/Shashlik
[14:43] {drewj} actually I had kabobs in Canada
[14:44] {drewj} I love that kind of food
01[14:44] {@Threei} many think they tried it... until they try mine
[14:44] {drewj} these look better than the one's I got in Niagara though
[14:44] {drewj} so you're humble about your cooking skills then?
01[14:45] {@Threei} when ese is back in the room, you ask him about those
[14:45] {drewj} I'm going to try and make these...they look really good
[14:46] {drewj} OK
[14:46] {drewj} Is he persian or just a good cook?
[14:46] {drewj} or both
01[14:46] {@Threei} he tried mine
[14:46] {drewj} and
[14:46] {drewj} let me guess
[14:46] {drewj} yours were awesome
01[14:46] {@Threei} well... you ask him, you'll know how good cook I am :)
[14:47] {drewj} I'm sure you are great
01[14:47] {@Threei} we have this annual gathering at my backyard
01[14:47] {@Threei} guy starts asking about next time 11 months before it :)
[14:47] {drewj} and you serve them?
01[14:47] {@Threei} yup
[14:47] {drewj} impressive
[14:47] {drewj} my bbq specialty is ribs
01[14:48] {@Threei} I smoke them
[14:48] {drewj} ribs?
01[14:48] {@Threei} yup
01[14:48] {@Threei} 4-6 hours
[14:48] {jfjf64} My fav beef short ribs
[14:48] {drewj} I do low temp oven for half a day
[14:48] {drewj} right
[14:49] {drewj} I put brown sugar and hot sauce in bbq and smother them all day long
[14:49] {drewj} good stuff
[14:50] {jfjf64} Sounds great
[14:51] {jfjf64} Bbby s under 73
[14:52] {jfjf64} Out twx
01[14:57] {@Threei} Long Setup: FB .50 break
01[14:57] {@Threei} If holds .40
[14:57] {jfjf64} 1:1 bbby
[14:59] {jfjf64} 1:2
[14:59] {jfjf64} Ran to fast twx
01[15:12] {@Threei} nah
01[15:25] {@Threei} Long Setup: VXX .15 break
01[15:26] {@Threei} If holds .05
[15:28] {drewj} Have a good weekend guys
[15:29] {drewj} Thanks for everything vad...
[15:29] {drewj} I'll try to make some kabobs soon
[15:29] {drewj} I'll let you know how they turn out!
01[15:30] {@Threei} all kabobs are not created equal...
[15:31] {nemo} equally
01[15:32] {@Threei} why
01[15:32] {@Threei} they are not equal
[15:32] {nemo} adverb
[15:32] {nemo} modifies created
[15:32] {nemo} Boston Marathon bomber sentenced to death
01[15:32] {@Threei} nope... I am modifying noon
01[15:33] {@Threei} good
01[15:33] {@Threei} as in, they are not equal
01[15:33] {@Threei} noun
[15:34] {nemo} incorrect, you modified how they were created, which is an action, requiring an adverb
[15:34] {nemo} equal=adjective equally=adverb
01[15:34] {@Threei} your language is weird
[15:34] {nemo} tree rock fire, dude
01[15:35] {@Threei} they were created, they came to be of a certain quality - I am trying to say that this quality differs
01[15:35] {@Threei} not necessarily the process of creation
[15:35] {nemo} so what quality are you modifying?
01[15:36] {@Threei} thus I am modifying "kabobs," not "created":
01[15:36] {@Threei} taste
01[15:36] {@Threei} texture
01[15:36] {@Threei} chewiness
01[15:36] {@Threei} whatever
[15:37] {nemo} you wanted to modify kabobs but that's not what your sentence structure did
[15:37] {nemo} trust me...I have a little bit of experience with the English language
01[15:39] {@Threei} http://www.dailywritingtips.com/hypercorrecting-a-well-known-phrase/
01[15:39] {@Threei} Using the adverb equally places the emphasis on the act of making; using the adjective equal places the emphasis on the quality of the thing that has been created.
01[15:39] {@Threei} there :)
01[15:41] {@Threei} or:
01[15:41] {@Threei} Equally, as an adverb, modifies "created" - all men are created in the same manner. This is not the message that Jefferson wanted to leave us. Equal, as an adjective, modifies "men". So, from the time they are created, all men are the same.
01[15:54] {@Threei} scratching VXX
01[15:54] {@Threei} have a good weekend guy, see you Monday
Session Time: Fri May 15 00:00:00 2015
[09:05] {drewj} gm
01[09:05] {@Threei} drew :)
01[09:29] {@Threei} people refuse to wake up
[09:29] {cosmo} May showers bring June flowers...hmm
01[09:30] {@Threei} Upside:
01[09:30] {@Threei} -BSQR +35% (earnings)
01[09:30] {@Threei} -OSUR +11.2% (momentum)
01[09:30] {@Threei} -TRIL +11% (positive broker commentary)
01[09:30] {@Threei} -AMAT +4% (earnings)
01[09:30] {@Threei} -NFLX +3.2% (rumors that the company entering Chinese market with a media company backed by Jack Ma)
01[09:30] {@Threei} Downside:
01[09:30] {@Threei} -LOCO -13% (earnings)
01[09:30] {@Threei} -KING -8.3% (earnings)
01[09:30] {@Threei} -GMCR -6% (Keurig Kold presentation)
01[09:30] {@Threei} -WB -4% (earnings)
01[09:32] {@Threei} Long Setup: FB .20 break
01[09:32] {@Threei} If holds .10
01[09:32] {@Threei} 1:1
01[09:33] {@Threei} 1:2
[09:33] {jfjf64} Missed it
[09:33] {jfjf64} Grr
[09:33] {jfjf64} Fb
[09:33] {jfjf64} ?
01[09:33] {@Threei} because slept in
01[09:33] {@Threei} yes
[09:34] {jfjf64} On phone bank
01[09:39] {@Threei} Long Setup: IWM .50 break
01[09:39] {@Threei} If holds .40
01[09:40] {@Threei} change to .45
01[09:41] {@Threei} Invalidated
[09:43] {jfjf64} Fb bounce
01[09:45] {@Threei} Long Setup: IWM .10 break
01[09:45] {@Threei} If holds 123
[09:46] {jfjf64} 1:1
[09:48] {jfjf64} 1:2
01[09:49] {@Threei} 1:2
01[09:49] {@Threei} love it when they skip 1:1
[09:49] {jfjf64} 1:3 fb
01[09:50] {@Threei} wtg
[09:50] {jfjf64} Yes
[09:50] {jfjf64} Ty
[09:50] {jfjf64} Fb got to pay me also in am
[09:50] {jfjf64} Car break
[09:50] {jfjf64} Hod
[09:50] {jfjf64} Lov chart
[09:51] {jfjf64} 30 min orb
[09:52] {jfjf64} Fb done
[09:56] {jfjf64} Mkt looks lower
01[09:59] {@Threei} Long Setup: MCD .65 break
01[10:00] {@Threei} *(US) MAY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 88.6 V 95.9E
01[10:12] {@Threei} 1:1
[10:14] {jfjf64} Car watch
01[10:21] {@Threei} 1:2
[10:21] {jfjf64} Nice mcd
[10:22] {jfjf64} .95 hod
[10:23] {jfjf64} Same pattern we had think. Mon tue
[10:23] {jfjf64} Mcd
[10:23] {jfjf64} Broke hod
01[10:24] {@Threei} 1:3
[10:24] {jfjf64} Trail.86
[10:25] {jfjf64} ?
01[10:26] {@Threei} .84
[10:26] {jfjf64} Ty
[10:27] {jfjf64} Think Nemo goes out on Thursday nights
[10:27] {jfjf64} Ladies night
[10:30] {jfjf64} Me out
[10:30] {jfjf64} Ty
01[10:30] {@Threei} yw
[10:34] {jfjf64} Car again
01[10:39] {@Threei} Long Setup: FB .20 break
01[10:39] {@Threei} If holds .10
01[10:48] {@Threei} no go
[10:52] {jfjf64} Mcd hod
01[11:01] {@Threei} wow
[11:01] {jfjf64} Big mac
[11:02] {jfjf64} Extra cheese
[11:03] {jfjf64} And bacon
01[11:03] {@Threei} MCD Ticking higher on chatter of activist interest- Trian (Peltz) rumored as interested in pushing for REIT spinoff
[11:04] {jfjf64} Splk
[11:05] {jfjf64} 71 break
[11:10] {jfjf64} Short here mcd
[11:10] {jfjf64} .85
[11:16] {jfjf64} Out mcd
[11:17] {jfjf64} Ya take that vg
01[11:18] {@Threei} no
01[11:21] {@Threei} Long Setup: FB .60 break
01[11:21] {@Threei} If holds .50
[11:25] {jfjf64} Cbi
[11:25] {jfjf64} Flyin
[11:26] {jfjf64} 55.75
[11:26] {jfjf64} Short
[11:26] {jfjf64} 300 shares
[11:27] {jfjf64} Nope
[11:38] {jfjf64} Going to lunch vg
[11:38] {jfjf64} Mcd of course
01[12:06] {@Threei} Short Setup: MCD 98 break
01[12:06] {@Threei} If holds .10
01[12:08] {@Threei} Short Setup: FB .50 break
01[12:08] {@Threei} If holds 60
01[12:15] {@Threei} (close enough)
01[12:15] {@Threei} 1:1 FB
01[12:22] {@Threei} 1:1 MCD
01[12:33] {@Threei} 1:2 FB
01[12:38] {@Threei} new low
[12:39] {nemo} what? in your sense of humor?
01[12:39] {@Threei} no, that was reached long ago
01[12:39] {@Threei} rock bottom
[12:50] {nemo} V could dribble to .20ish
01[13:02] {@Threei} Long Setup: FB .45 break
01[13:02] {@Threei} If holds .35
01[13:13] {@Threei} no go
01[13:16] {@Threei} be back in 45
01[14:13] {@Threei} "The fact that there's a highway to hell and only a stairway to heaven says a lot about anticipated traffic numbers."
[14:14] {jfjf64} What up boys
01[14:14] {@Threei} not much
[14:14] {drewj} Feeling negative Vad?
01[14:14] {@Threei} but looking
01[14:14] {@Threei} me? no
01[14:15] {@Threei} realistic {G}
01[14:15] {@Threei} as russian saying goes...optimists study Enlgish, pessimists - Chinese, realists - AK-47
[14:16] {drewj} wow
01[14:17] {@Threei} can't tell up or down]
01[14:17] {@Threei} too random
[14:20] {jfjf64} Fb like short .45 break
01[14:20] {@Threei} ok... VXX
[14:20] {jfjf64} 5 cent stop
01[14:20] {@Threei} Long Setup: VXX .20 break
01[14:20] {@Threei} If holds .15
[14:24] {jfjf64} 1:1 fb
01[14:36] {@Threei} VXX useless
[14:38] {jfjf64} Twx 15
[14:39] {drewj} Where has dino been vad?
01[14:39] {@Threei} golf trip till Wed
01[14:39] {@Threei} he takes those now and then
[14:39] {drewj} I'm terrible at golf
[14:39] {drewj} too slow
01[14:40] {@Threei} however terrible you are, you sure are better than I am
[14:40] {drewj} it's like an expensive walk through a park
[14:40] {drewj} that's hard to do vad
01[14:40] {@Threei} to be better than me at golf? not at all
01[14:41] {@Threei} you just need to play it once
[14:41] {drewj} we should try it while drinking
01[14:41] {@Threei} let's just drink
[14:41] {drewj} maybe our scores would improve
01[14:41] {@Threei} I am happy to have them where they are
[14:42] {drewj} lol
[14:42] {drewj} I don't care either
01[14:42] {@Threei} I prefer to remain good at what I do well
01[14:43] {@Threei} you try my shashlyk once, you will wilt and die if you can't get it again
[14:43] {drewj} going to have to google that word
01[14:43] {@Threei} http://en.wikipedia.org/wiki/Shashlik
[14:43] {drewj} actually I had kabobs in Canada
[14:44] {drewj} I love that kind of food
01[14:44] {@Threei} many think they tried it... until they try mine
[14:44] {drewj} these look better than the one's I got in Niagara though
[14:44] {drewj} so you're humble about your cooking skills then?
01[14:45] {@Threei} when ese is back in the room, you ask him about those
[14:45] {drewj} I'm going to try and make these...they look really good
[14:46] {drewj} OK
[14:46] {drewj} Is he persian or just a good cook?
[14:46] {drewj} or both
01[14:46] {@Threei} he tried mine
[14:46] {drewj} and
[14:46] {drewj} let me guess
[14:46] {drewj} yours were awesome
01[14:46] {@Threei} well... you ask him, you'll know how good cook I am :)
[14:47] {drewj} I'm sure you are great
01[14:47] {@Threei} we have this annual gathering at my backyard
01[14:47] {@Threei} guy starts asking about next time 11 months before it :)
[14:47] {drewj} and you serve them?
01[14:47] {@Threei} yup
[14:47] {drewj} impressive
[14:47] {drewj} my bbq specialty is ribs
01[14:48] {@Threei} I smoke them
[14:48] {drewj} ribs?
01[14:48] {@Threei} yup
01[14:48] {@Threei} 4-6 hours
[14:48] {jfjf64} My fav beef short ribs
[14:48] {drewj} I do low temp oven for half a day
[14:48] {drewj} right
[14:49] {drewj} I put brown sugar and hot sauce in bbq and smother them all day long
[14:49] {drewj} good stuff
[14:50] {jfjf64} Sounds great
[14:51] {jfjf64} Bbby s under 73
[14:52] {jfjf64} Out twx
01[14:57] {@Threei} Long Setup: FB .50 break
01[14:57] {@Threei} If holds .40
[14:57] {jfjf64} 1:1 bbby
[14:59] {jfjf64} 1:2
[14:59] {jfjf64} Ran to fast twx
01[15:12] {@Threei} nah
01[15:25] {@Threei} Long Setup: VXX .15 break
01[15:26] {@Threei} If holds .05
[15:28] {drewj} Have a good weekend guys
[15:29] {drewj} Thanks for everything vad...
[15:29] {drewj} I'll try to make some kabobs soon
[15:29] {drewj} I'll let you know how they turn out!
01[15:30] {@Threei} all kabobs are not created equal...
[15:31] {nemo} equally
01[15:32] {@Threei} why
01[15:32] {@Threei} they are not equal
[15:32] {nemo} adverb
[15:32] {nemo} modifies created
[15:32] {nemo} Boston Marathon bomber sentenced to death
01[15:32] {@Threei} nope... I am modifying noon
01[15:33] {@Threei} good
01[15:33] {@Threei} as in, they are not equal
01[15:33] {@Threei} noun
[15:34] {nemo} incorrect, you modified how they were created, which is an action, requiring an adverb
[15:34] {nemo} equal=adjective equally=adverb
01[15:34] {@Threei} your language is weird
[15:34] {nemo} tree rock fire, dude
01[15:35] {@Threei} they were created, they came to be of a certain quality - I am trying to say that this quality differs
01[15:35] {@Threei} not necessarily the process of creation
[15:35] {nemo} so what quality are you modifying?
01[15:36] {@Threei} thus I am modifying "kabobs," not "created":
01[15:36] {@Threei} taste
01[15:36] {@Threei} texture
01[15:36] {@Threei} chewiness
01[15:36] {@Threei} whatever
[15:37] {nemo} you wanted to modify kabobs but that's not what your sentence structure did
[15:37] {nemo} trust me...I have a little bit of experience with the English language
01[15:39] {@Threei} http://www.dailywritingtips.com/hypercorrecting-a-well-known-phrase/
01[15:39] {@Threei} Using the adverb equally places the emphasis on the act of making; using the adjective equal places the emphasis on the quality of the thing that has been created.
01[15:39] {@Threei} there :)
01[15:41] {@Threei} or:
01[15:41] {@Threei} Equally, as an adverb, modifies "created" - all men are created in the same manner. This is not the message that Jefferson wanted to leave us. Equal, as an adjective, modifies "men". So, from the time they are created, all men are the same.
01[15:54] {@Threei} scratching VXX
01[15:54] {@Threei} have a good weekend guy, see you Monday
Thursday, May 14, 2015
May 14 2015
Finishing with a nice win and on a positive side, despite traditional mid-day lull
Session Time: Thu May 14 00:00:00 2015
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -ONTY +17% (ASCO abstract)
01[09:27] {@Threei} -CTRP +13.5% (earnings)
01[09:27] {@Threei} -PERY +12% (earnings)
01[09:27] {@Threei} -SHAK +8.3% (earnings)
01[09:27] {@Threei} -RNDY +8% (earnings)
01[09:27] {@Threei} -DSCO +7.8% (ASCO abstract)
01[09:27] {@Threei} -ISSI +7.6% (CY offered to acquire the company for $19.75/shr)
01[09:27] {@Threei} -MT +7.5% (EU steel tariffs on US, Russia, Japan, China & Korea)
01[09:27] {@Threei} -NTES +4.6% (earnings)
01[09:27] {@Threei} -EYES +4.4% (earnings)
01[09:27] {@Threei} -TNK +4% (earnings)
01[09:27] {@Threei} -AKBA +4% (positive broker commentary)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -DGLY -16% (earnings)
01[09:27] {@Threei} -PBYI -16% (ASCO abstract)
01[09:27] {@Threei} -JONE -13% (registered 5M shares for selling holders)
01[09:27] {@Threei} -GEVO -11% (priced 3.4M unit and warrant offering)
01[09:27] {@Threei} -KSS -10% (earnings)
01[09:27] {@Threei} -VIPS -6% (earnings)
01[09:27] {@Threei} -FEYE -3% (Cisco shoots down M&A rumor on FEYE)
01[09:27] {@Threei} -KSU -3% (withdrew guidance)
01[09:32] {@Threei} Long Setup: FB .90 break
01[09:32] {@Threei} If holds .80
01[09:33] {@Threei} 1:1
01[09:35] {@Threei} Long Setup: DGLY .35 break hl
01[09:36] {@Threei} If holds .25
01[09:37] {@Threei} 1:1
01[09:37] {@Threei} questionale anyone could get it
[09:38] {jfjf64} Didnt
[09:41] {jfjf64} Watch jpm
01[09:41] {@Threei} Long Setup: FB 79 break
01[09:42] {@Threei} If holds .90
01[09:43] {@Threei} Long Setup: AIG .10 break
01[09:43] {@Threei} If holds 59
01[09:43] {@Threei} no go FB
01[09:44] {@Threei} Invalidated
01[09:47] {@Threei} Long Setup: MCD ,70 break
01[09:48] {@Threei} If holds .60
[09:52] {nemo} Draghi speaking today
[09:53] {jfjf64} Jpm puts 64 price on kss
01[09:54] {@Threei} 1:1
[09:56] {jfjf64} Ctrp hod break
01[09:58] {@Threei} Long Setup: DAL .20 break
01[09:58] {@Threei} If holds .10
[10:01] {jfjf64} Gmcr hod break
[10:06] {jfjf64} Boy fb strong
01[10:07] {@Threei} double bottom on daily
[10:07] {jfjf64} Realy
[10:07] {jfjf64} Let me look
[10:09] {jfjf64} Yes sir
01[10:12] {@Threei} Long Setup: FB .60 break
01[10:13] {@Threei} If holds .50
01[10:13] {@Threei} trail DAL to .14
01[10:13] {@Threei} annoying
01[10:13] {@Threei} 1:1 FB
[10:14] {jfjf64} Yes
01[10:15] {@Threei} 1:2
[10:15] {jfjf64} Yes
01[10:16] {@Threei} 1:3
[10:16] {jfjf64} Yes
01[10:16] {@Threei} half out DAL
01[10:16] {@Threei} stop to .19
[10:17] {jfjf64} Trail79
[10:17] {jfjf64} ?
01[10:17] {@Threei} yes
[10:20] {jfjf64} Nice trade
01[10:29] {@Threei} Short Setup: JPM .90 break
01[10:29] {@Threei} If holds 66
01[10:37] {@Threei} stop to .96
01[10:50] {@Threei} sheesh FB
[10:52] {nemo} NOW looks long
01[10:53] {@Threei} I understand the urgency but what's the stock symbol?
[10:54] {nemo} NOW
[10:54] {nemo} ServiceNow Inc. it broke
01[10:54] {@Threei} sigh
01[10:54] {@Threei} I'll keep my sense of humor to myself
[10:54] {nemo} you? sense of humor?
01[10:55] {@Threei} can you imagine?
[10:55] {jfjf64} Grrrrrrrrrr
[11:00] {jfjf64} Look that nice break 80 10
[11:00] {nemo} I was arguing with the pharmacist when FB first broke 79,10 and didn't take it
[11:04] {jfjf64} I was on phone with doctor demanding prescription / bad allergies
01[11:13] {@Threei} Short Setup: FB .70 break
01[11:13] {@Threei} If holds .80
[11:16] {jfjf64} 80.41 next line
[11:16] {jfjf64} Let's go
01[11:16] {@Threei} 1:1
01[11:17] {@Threei} JPM drops now
[11:18] {nemo} FB probably looking to thest 81.40
[11:18] {jfjf64} Chinese torture
[11:18] {jfjf64} Jpm
[11:18] {jfjf64} Looks like higher now
[11:21] {jfjf64} 80 break
[11:21] {jfjf64} ?
[11:21] {jfjf64} Hold 70
01[11:21] {@Threei} not sure
01[11:21] {@Threei} time is not right for this kind
[11:28] {nemo} LYB looks possible long
01[11:41] {@Threei} Long Setup: VXX .45 break
01[11:42] {@Threei} If holds .35
01[11:50] {@Threei} let's get out with minimal loss
01[11:50] {@Threei} doesn't looks right anymore
[11:59] {jfjf64} Avp long 7:10 300 shares
[12:01] {jfjf64} 7 stop
[12:01] {jfjf64} Ptg buyout chatter
[12:02] {jfjf64} Still in
01[12:03] {@Threei} US equities are seeing strong gains this morning, with the DJIA within 100 points of all-time highs. Global bond markets have quieted down, with yields remaining subdued. Greece rhetoric remains opaque, with all sides repeating stale rhetoric, although Finance Minister Varoufakis raised eyebrows after suggesting that Greek debt repayments to the ECB be pushed into the "distant future."
[12:06] {nemo} XOP may be @bounce point
[12:12] {nemo} yeah, bounce point
[12:12] {nemo} jerky action though
[12:19] {jfjf64} AAPL breakout here
[12:19] {nemo} possible to close .25 gap tought time of day though
[12:20] {jfjf64} Mkt break
[12:23] {jfjf64} Comon aapl
01[12:25] {@Threei} Short Setup: FB 81 break
01[12:25] {@Threei} If holds .10
01[12:32] {@Threei} change to .10 break
01[12:32] {@Threei} If holds .20
01[12:48] {@Threei} nah
01[12:54] {@Threei} [GM] Retiring director Isdell: turnaround process expected to take 10 years
01[12:54] {@Threei} lol
02[12:56] * Disconnected
Session Close: Thu May 14 12:56:45 2015
Session Start: Thu May 14 12:56:45 2015
Session Ident: #discussions
02[12:56] * Attempting to rejoin channel #discussions
03[12:56] * Rejoined channel #discussions
[13:01] {jfjf64} Fb
[13:01] {jfjf64} Wow
[13:01] {nemo} #1 strong on algo all day
01[13:12] {Threei} Long Setup: IWM .75 break
01[13:12] {Threei} If holds .65
01[13:13] {Threei} change to .70 break
[13:26] {jfjf64} Fb going to 82
01[13:28] {Threei} 1:1
[13:30] {jfjf64} Will look for entry short 82 area
[13:42] {jfjf64} Didn't get there
[13:42] {nemo} could make an argument for an IWM double top
01[13:43] {Threei} Long Setup: FB .50 break
01[13:44] {Threei} If holds .40
01[13:44] {Threei} change to .40 break
01[13:45] {Threei} 1:1
[13:45] {jfjf64} Think ya nailed it
[13:47] {jfjf64} Tso keep eye on
[13:56] {nemo} Draghi speaks @ 2
[13:58] {nemo} FB probably bounces @ .30
[13:58] {nemo} but should be re shortable
01[14:00] {Threei} BAH Selected by the US Army for "Express" Blanket Purchase Agreement (BPA)
01[14:06] {Threei} Long Setup: JPM .10 break
01[14:09] {Threei} SPY taking .10 andf then .20 should send everything to the moon
01[14:15] {Threei} let's do it SPY
01[14:15] {Threei} one more push
[14:22] {jfjf64} Abt l .60
01[14:38] {Threei} shrug
01[14:38] {Threei} what's with sudden reversal
[14:52] {jfjf64} Shak break
[14:52] {jfjf64} Low
[14:53] {jfjf64} 68:50
01[14:56] {Threei} Short Setup: FB .40 break
01[14:56] {Threei} If holds .50
[15:00] {jfjf64} I'm gonna run guys dr appt
[15:00] {jfjf64} Gn
01[15:26] {Threei} Long Setup: IWM .70 break
01[15:26] {Threei} If holds .60
01[15:36] {Threei} change to .60
01[15:36] {Threei} If holds .55
01[15:50] {Threei} half out
01[15:51] {Threei} stop .59
01[15:53] {Threei} 1/4 more out
01[15:53] {Threei} stop .64
01[15:56] {Threei} 2 min left
01[15:57] {Threei} good boy
01[15:57] {Threei} out +.18
01[15:57] {Threei} have a good evening guys, see you tomorrow
Session Time: Thu May 14 00:00:00 2015
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -ONTY +17% (ASCO abstract)
01[09:27] {@Threei} -CTRP +13.5% (earnings)
01[09:27] {@Threei} -PERY +12% (earnings)
01[09:27] {@Threei} -SHAK +8.3% (earnings)
01[09:27] {@Threei} -RNDY +8% (earnings)
01[09:27] {@Threei} -DSCO +7.8% (ASCO abstract)
01[09:27] {@Threei} -ISSI +7.6% (CY offered to acquire the company for $19.75/shr)
01[09:27] {@Threei} -MT +7.5% (EU steel tariffs on US, Russia, Japan, China & Korea)
01[09:27] {@Threei} -NTES +4.6% (earnings)
01[09:27] {@Threei} -EYES +4.4% (earnings)
01[09:27] {@Threei} -TNK +4% (earnings)
01[09:27] {@Threei} -AKBA +4% (positive broker commentary)
01[09:27] {@Threei} Downside:
01[09:27] {@Threei} -DGLY -16% (earnings)
01[09:27] {@Threei} -PBYI -16% (ASCO abstract)
01[09:27] {@Threei} -JONE -13% (registered 5M shares for selling holders)
01[09:27] {@Threei} -GEVO -11% (priced 3.4M unit and warrant offering)
01[09:27] {@Threei} -KSS -10% (earnings)
01[09:27] {@Threei} -VIPS -6% (earnings)
01[09:27] {@Threei} -FEYE -3% (Cisco shoots down M&A rumor on FEYE)
01[09:27] {@Threei} -KSU -3% (withdrew guidance)
01[09:32] {@Threei} Long Setup: FB .90 break
01[09:32] {@Threei} If holds .80
01[09:33] {@Threei} 1:1
01[09:35] {@Threei} Long Setup: DGLY .35 break hl
01[09:36] {@Threei} If holds .25
01[09:37] {@Threei} 1:1
01[09:37] {@Threei} questionale anyone could get it
[09:38] {jfjf64} Didnt
[09:41] {jfjf64} Watch jpm
01[09:41] {@Threei} Long Setup: FB 79 break
01[09:42] {@Threei} If holds .90
01[09:43] {@Threei} Long Setup: AIG .10 break
01[09:43] {@Threei} If holds 59
01[09:43] {@Threei} no go FB
01[09:44] {@Threei} Invalidated
01[09:47] {@Threei} Long Setup: MCD ,70 break
01[09:48] {@Threei} If holds .60
[09:52] {nemo} Draghi speaking today
[09:53] {jfjf64} Jpm puts 64 price on kss
01[09:54] {@Threei} 1:1
[09:56] {jfjf64} Ctrp hod break
01[09:58] {@Threei} Long Setup: DAL .20 break
01[09:58] {@Threei} If holds .10
[10:01] {jfjf64} Gmcr hod break
[10:06] {jfjf64} Boy fb strong
01[10:07] {@Threei} double bottom on daily
[10:07] {jfjf64} Realy
[10:07] {jfjf64} Let me look
[10:09] {jfjf64} Yes sir
01[10:12] {@Threei} Long Setup: FB .60 break
01[10:13] {@Threei} If holds .50
01[10:13] {@Threei} trail DAL to .14
01[10:13] {@Threei} annoying
01[10:13] {@Threei} 1:1 FB
[10:14] {jfjf64} Yes
01[10:15] {@Threei} 1:2
[10:15] {jfjf64} Yes
01[10:16] {@Threei} 1:3
[10:16] {jfjf64} Yes
01[10:16] {@Threei} half out DAL
01[10:16] {@Threei} stop to .19
[10:17] {jfjf64} Trail79
[10:17] {jfjf64} ?
01[10:17] {@Threei} yes
[10:20] {jfjf64} Nice trade
01[10:29] {@Threei} Short Setup: JPM .90 break
01[10:29] {@Threei} If holds 66
01[10:37] {@Threei} stop to .96
01[10:50] {@Threei} sheesh FB
[10:52] {nemo} NOW looks long
01[10:53] {@Threei} I understand the urgency but what's the stock symbol?
[10:54] {nemo} NOW
[10:54] {nemo} ServiceNow Inc. it broke
01[10:54] {@Threei} sigh
01[10:54] {@Threei} I'll keep my sense of humor to myself
[10:54] {nemo} you? sense of humor?
01[10:55] {@Threei} can you imagine?
[10:55] {jfjf64} Grrrrrrrrrr
[11:00] {jfjf64} Look that nice break 80 10
[11:00] {nemo} I was arguing with the pharmacist when FB first broke 79,10 and didn't take it
[11:04] {jfjf64} I was on phone with doctor demanding prescription / bad allergies
01[11:13] {@Threei} Short Setup: FB .70 break
01[11:13] {@Threei} If holds .80
[11:16] {jfjf64} 80.41 next line
[11:16] {jfjf64} Let's go
01[11:16] {@Threei} 1:1
01[11:17] {@Threei} JPM drops now
[11:18] {nemo} FB probably looking to thest 81.40
[11:18] {jfjf64} Chinese torture
[11:18] {jfjf64} Jpm
[11:18] {jfjf64} Looks like higher now
[11:21] {jfjf64} 80 break
[11:21] {jfjf64} ?
[11:21] {jfjf64} Hold 70
01[11:21] {@Threei} not sure
01[11:21] {@Threei} time is not right for this kind
[11:28] {nemo} LYB looks possible long
01[11:41] {@Threei} Long Setup: VXX .45 break
01[11:42] {@Threei} If holds .35
01[11:50] {@Threei} let's get out with minimal loss
01[11:50] {@Threei} doesn't looks right anymore
[11:59] {jfjf64} Avp long 7:10 300 shares
[12:01] {jfjf64} 7 stop
[12:01] {jfjf64} Ptg buyout chatter
[12:02] {jfjf64} Still in
01[12:03] {@Threei} US equities are seeing strong gains this morning, with the DJIA within 100 points of all-time highs. Global bond markets have quieted down, with yields remaining subdued. Greece rhetoric remains opaque, with all sides repeating stale rhetoric, although Finance Minister Varoufakis raised eyebrows after suggesting that Greek debt repayments to the ECB be pushed into the "distant future."
[12:06] {nemo} XOP may be @bounce point
[12:12] {nemo} yeah, bounce point
[12:12] {nemo} jerky action though
[12:19] {jfjf64} AAPL breakout here
[12:19] {nemo} possible to close .25 gap tought time of day though
[12:20] {jfjf64} Mkt break
[12:23] {jfjf64} Comon aapl
01[12:25] {@Threei} Short Setup: FB 81 break
01[12:25] {@Threei} If holds .10
01[12:32] {@Threei} change to .10 break
01[12:32] {@Threei} If holds .20
01[12:48] {@Threei} nah
01[12:54] {@Threei} [GM] Retiring director Isdell: turnaround process expected to take 10 years
01[12:54] {@Threei} lol
02[12:56] * Disconnected
Session Close: Thu May 14 12:56:45 2015
Session Start: Thu May 14 12:56:45 2015
Session Ident: #discussions
02[12:56] * Attempting to rejoin channel #discussions
03[12:56] * Rejoined channel #discussions
[13:01] {jfjf64} Fb
[13:01] {jfjf64} Wow
[13:01] {nemo} #1 strong on algo all day
01[13:12] {Threei} Long Setup: IWM .75 break
01[13:12] {Threei} If holds .65
01[13:13] {Threei} change to .70 break
[13:26] {jfjf64} Fb going to 82
01[13:28] {Threei} 1:1
[13:30] {jfjf64} Will look for entry short 82 area
[13:42] {jfjf64} Didn't get there
[13:42] {nemo} could make an argument for an IWM double top
01[13:43] {Threei} Long Setup: FB .50 break
01[13:44] {Threei} If holds .40
01[13:44] {Threei} change to .40 break
01[13:45] {Threei} 1:1
[13:45] {jfjf64} Think ya nailed it
[13:47] {jfjf64} Tso keep eye on
[13:56] {nemo} Draghi speaks @ 2
[13:58] {nemo} FB probably bounces @ .30
[13:58] {nemo} but should be re shortable
01[14:00] {Threei} BAH Selected by the US Army for "Express" Blanket Purchase Agreement (BPA)
01[14:06] {Threei} Long Setup: JPM .10 break
01[14:09] {Threei} SPY taking .10 andf then .20 should send everything to the moon
01[14:15] {Threei} let's do it SPY
01[14:15] {Threei} one more push
[14:22] {jfjf64} Abt l .60
01[14:38] {Threei} shrug
01[14:38] {Threei} what's with sudden reversal
[14:52] {jfjf64} Shak break
[14:52] {jfjf64} Low
[14:53] {jfjf64} 68:50
01[14:56] {Threei} Short Setup: FB .40 break
01[14:56] {Threei} If holds .50
[15:00] {jfjf64} I'm gonna run guys dr appt
[15:00] {jfjf64} Gn
01[15:26] {Threei} Long Setup: IWM .70 break
01[15:26] {Threei} If holds .60
01[15:36] {Threei} change to .60
01[15:36] {Threei} If holds .55
01[15:50] {Threei} half out
01[15:51] {Threei} stop .59
01[15:53] {Threei} 1/4 more out
01[15:53] {Threei} stop .64
01[15:56] {Threei} 2 min left
01[15:57] {Threei} good boy
01[15:57] {Threei} out +.18
01[15:57] {Threei} have a good evening guys, see you tomorrow
Wednesday, May 13, 2015
May 13 2015
About flat day, activity died early. Good opening, as usual
Session Time: Wed May 13 00:00:00 2015
[09:14] {dino} gm
01[09:15] {@Threei} dino :)
[09:27] {jfjf64} Mornin
01[09:27] {@Threei} jf :)
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -WPZ +23+ (announced agreement to be acquired by Williams in $13.8B all-stock deal)
01[09:28] {@Threei} -GEVO +20% (earnings)
01[09:28] {@Threei} -VRTX +6% (momentum from FDA approval of lumacaftor/ivacaftor)
01[09:28] {@Threei} -WMB +6% (WPZ deal)
01[09:28] {@Threei} -PLL +5% (being acquired by DHR for $127.20/shr)
01[09:28] {@Threei} -DHR +5% (acquiring PLL)
01[09:28] {@Threei} -RENN +3% (earnings)
01[09:28] {@Threei} -ZBRA +3% (earnings)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -VSLR -9% (earnings)
01[09:28] {@Threei} -DD -6% (company won proxy contest with Trian)
01[09:28] {@Threei} -RL -4% (earnings)
01[09:31] {@Threei} Long Setup: FB .80 break
01[09:31] {@Threei} If holds .70
01[09:31] {@Threei} 1:1
[09:31] {nemo} that was fast
01[09:32] {@Threei} 1:2
01[09:32] {@Threei} 1:3
01[09:32] {@Threei} out
[09:33] {jfjf64} Nice mr fb
01[09:34] {@Threei} Short Setup: DAL .75 break
01[09:34] {@Threei} If holds .85
01[09:34] {@Threei} not yet
[09:35] {nemo} now me thinks
[09:35] {nemo} oil up
[09:36] {jfjf64} Uso watchin
[09:38] {jfjf64} AAPL s 70
[09:38] {jfjf64} Break
01[09:38] {@Threei} DAL
01[09:38] {@Threei} now
[09:38] {jfjf64} K
[09:39] {jfjf64} Oks break hod
[09:39] {nemo} it's riding vwap
[09:41] {dino} post drop
01[09:42] {@Threei} no go
[09:43] {jfjf64} AAPL beast mode
[09:45] {jfjf64} Watchin dd breakdown
[09:46] {jfjf64} .65 break
[09:46] {dino} dd drop
[09:48] {jfjf64} Valud
[09:48] {dino} dd sm l .80
[09:49] {jfjf64} Good luck
[09:49] {jfjf64} Short didn't trigger
[09:50] {nemo} DAL
[09:51] {nemo} short .70
[09:51] {nemo} out above .80
[09:53] {jfjf64} .56 first line
[09:53] {nemo} stop to .70
[09:54] {nemo} VXX looks long
[09:55] {jfjf64} Breaks .56
[09:56] {nemo} stop .60 partialing here
[09:57] {jfjf64} Next line .35
[09:57] {jfjf64} Sorry.33
[09:57] {dino} out dd .84, +04
[09:58] {jfjf64} My lines good
[09:59] {jfjf64} Where ya stop nemo
[09:59] {jfjf64} 56
[09:59] {jfjf64} ?
[09:59] {nemo} .60
[09:59] {nemo} it could go back to vwap though
01[10:00] {@Threei} *(US) MAR BUSINESS INVENTORIES: 0.1% V 0.2%E
[10:00] {dino} re-load dd sm l .80 stop lod
[10:00] {nemo} now stop to .55
[10:00] {jfjf64} Dd on watch .65 breakdown
[10:00] {jfjf64} Lol
[10:01] {jfjf64} Dino
[10:01] {dino} :)
[10:01] {dino} great minds
[10:01] {jfjf64} Watch bounce here nemo
[10:03] {jfjf64} F. K
[10:04] {jfjf64} Missed rent
[10:04] {jfjf64} 30 min orb
[10:04] {jfjf64} Nice nemo
[10:04] {nemo} stop to .35
[10:05] {jfjf64} You don't partial
[10:05] {jfjf64} Correct
[10:05] {nemo} [09:57] {nemo} stop .60 partialing here
[10:06] {nemo} partialed .42
[10:07] {nemo} gonna' get out soon, figure whole number bounce but it will likely close the gap today
[10:07] {nemo} here's the open
[10:08] {nemo} well, opening low
[10:08] {jfjf64} 47.10 line
[10:08] {nemo} out
[10:09] {jfjf64} Nice nemo
[10:10] {jfjf64} Rax smashed
[10:14] {dino} gj nemo
[10:14] {nemo} dcc dino
[10:15] {nemo} arguably DAL short again here, but I'm gonna pass
[10:16] {jfjf64} Rax bounce here
[10:16] {dino} dd odd, just crawing along vwap
[10:16] {jfjf64} Avg .43 ish
01[10:18] {@Threei} Short Setup: AIG .60 break
01[10:18] {@Threei} If holds .67
[10:21] {jfjf64} 44.75 next line rax
[10:29] {jfjf64} Out rax
[10:29] {jfjf64} Didn't partial
[10:32] {jfjf64} Uso little pop
[10:32] {nemo} oil news
01[10:33] {@Threei} inventories
01[10:34] {@Threei} 1:1
[10:39] {jfjf64} Rax s lod
[10:39] {jfjf64} .26 break
[10:42] {jfjf64} Not my day
[10:55] {jfjf64} Ocr break hod
[11:06] {jfjf64} Vfc l 98
[11:10] {dino} not seeing much
01[11:18] {@Threei} Long Setup: FB 78 break
01[11:18] {@Threei} If holds .90
01[11:21] {@Threei} change to .85 break
01[11:21] {@Threei} If holds .75
01[11:30] {@Threei} no go
01[11:30] {@Threei} 1 cent to 1:1
[11:31] {jfjf64} Weird mkt today
[11:31] {jfjf64} Nemo gets star for Mornin session
[11:36] {jfjf64} Missed another chart feye
[11:36] {jfjf64} 11:20 break
[11:39] {jfjf64} Like ocr little here
[11:40] {jfjf64} The 80 break
[11:43] {jfjf64} Will try feye break hod
01[11:50] {@Threei} Long Setup: AIG .80 break
01[11:50] {@Threei} If holds .70
[12:17] {nemo} I've decided the only thing golden about the golden years is urine
01[12:20] {@Threei} half out
[12:21] {cosmo} drink more water nemo; it'll lighten up
01[12:21] {@Threei} lol
[12:21] {dino} mine should be lighter tomorrow afternoon. golf trip
01[12:31] {@Threei} LOL... get this
01[12:32] {@Threei} paper published photo of Putin with aged image of a man in military uniform
01[12:32] {@Threei} byline says "President shows photo of his dad killed in WW2"
01[12:33] {@Threei} Putin was born in 1952
[12:40] {dino} roflol
01[12:42] {@Threei} internet is full of jokes, like: Russian spy got all emotional and teary when recieved news about his wife giving birth to their sun. Last he saw her was 15 years ago
01[12:44] {@Threei} Short Setup: DAL .10 break
01[12:44] {@Threei} If holds .20
[12:45] {dino} well, if it's on the internet, it must be true
01[12:45] {@Threei} it's all a part of patriotic hysteria whipped up in Russia
[12:46] {dino} sure create a new reality
01[12:46] {@Threei} I don't think I've seen such degree of nationalism and anti-west moods even in USSR times, at the peak of cold war
[12:48] {dino} well, thats the obummer re-set
01[13:02] {@Threei} *(US) TREASURY'S $24B 10-YEAR BOND AUCTION DRAWS 2.237%; BID-TO-COVER RATIO: 2.72 V 2.62 PRIOR AND 2.66 AVG OVER THE LAST 3 AUCTIONS
01[13:02] {@Threei} [GILD] Biotech blog highlights Senator Sanders (I-VT) calling to remove GILDs patent on Sovaldi to bring down its price
01[13:02] {@Threei} hmmm
01[13:03] {@Threei} that's interesting way to regulate [rices
01[13:13] {@Threei} half out
01[13:13] {@Threei} stop to .16
[13:22] {dino} clcd spike
01[13:26] {@Threei} [AMZN] Reportedly Walmart preparing to launch a subscription based fast shipping service similar to Amazon Prime
01[13:26] {@Threei} stop to .11
01[13:31] {@Threei} to .06
01[13:35] {@Threei} 1/4 more out
01[13:36] {@Threei} man, there is some blood in any stone
01[13:40] {@Threei} to .01
01[13:40] {@Threei} 1/2
01[13:40] {@Threei} 1:2
[13:42] {dino} gj
01[13:43] {@Threei} ty
[14:11] {jfjf64} Anything going on
01[14:12] {@Threei} just closed DAK short
01[14:12] {@Threei} DAL
[14:12] {jfjf64} I see
[14:12] {jfjf64} Gj
01[14:14] {@Threei} Long Setup: GILD .60 break
01[14:15] {@Threei} Invalidated
[14:18] {jfjf64} does spy break down
[14:18] {jfjf64} Or bounce again
[14:18] {nemo} it is breaking down
[14:18] {jfjf64} This level
[14:18] {nemo} is testing under 210, may test pivot at 209.75...finnies have been the driver today
[14:20] {dino} buy 18,700s sell 18,200s
01[14:20] {@Threei} Long Setup: VXX .95 break
[14:20] {dino} buy 17,700s i mean
[14:36] {dino} calling it a week. golf trip starts at 4:00, heading to myrtle beach area. back for trading wednesday. good luck all
[14:36] {dino} nemo, good luck w/your father
01[14:37] {@Threei} have fun dino
[14:37] {dino} ty
[14:38] {jfjf64} Enjoy pal
[14:39] {dino} ty, stay in the zone jf
[14:40] {jfjf64} Let's go spy die
[14:45] {jfjf64} Here we go
[14:46] {jfjf64} Downward starts here
01[14:47] {@Threei} nah
[14:50] {jfjf64} It's going
[14:50] {jfjf64} That candl colormation
[14:50] {jfjf64} Lol
[14:51] {jfjf64} Very confident
[14:52] {jfjf64} Grab Vxx here
[14:52] {jfjf64} Thinkin
[14:55] {jfjf64} 90 break
[14:55] {jfjf64} One mor time
[14:56] {jfjf64} This is why I drink
01[14:57] {@Threei} lol
[14:57] {jfjf64} That's some support
[14:57] {jfjf64} 6 times
[14:57] {jfjf64} No break
[15:04] {jfjf64} Dal filled gap
[15:04] {nemo} mmhhh where'd I here that before?
[15:04] {nemo} actually gap 46.10ish
[15:05] {jfjf64} Ya as good as ya last trade
[15:08] {jfjf64} Feye movin up
[15:10] {jfjf64} Jf nominates vg to find 1:4 for the boys
[15:10] {nemo} 1:10
[15:11] {jfjf64} Lol
01[15:11] {@Threei} 1:30
01[15:11] {@Threei} 1:50
01[15:11] {@Threei} why stop
01[15:11] {@Threei} Long Setup: GILD .60 break
01[15:11] {@Threei} If holds .50
[15:14] {jfjf64} Bombs away
[15:14] {jfjf64} Me think
[15:15] {jfjf64} Who I'm I to think
[15:22] {nemo} GILD two way
[15:25] {jfjf64} Vg what's drink of choice tiday
[15:26] {nemo} dumb question
01[15:26] {@Threei} hmmm
01[15:26] {@Threei} haven't had time to think ogf it yet
[15:26] {jfjf64} I'm starting to think
[15:27] {jfjf64} Nemo how stash on vodka
[15:27] {nemo} gotta' make a run tonight
[15:29] {jfjf64} 3:30 push down
[15:30] {jfjf64} Who knows
01[15:30] {@Threei} sigh
01[15:30] {@Threei} annoying
[15:30] {jfjf64} Basterds
[15:31] {nemo} VXX
01[15:35] {@Threei} ok
01[15:35] {@Threei} ,90 break VXX
01[15:35] {@Threei} last try
01[15:35] {@Threei} for today
[15:35] {nemo} stop below .85 should be sufficient
[15:36] {nemo} SPY pivot right here and finny open
[15:36] {nemo} aapl pivot
[15:36] {nemo} IWM close to yesterday close
[15:39] {nemo} spy on the cliff
[15:40] {nemo} SPY resistance .90
[15:40] {jfjf64} .88
[15:40] {jfjf64} Lol
[15:41] {nemo} spy low is daily pivot
[15:41] {nemo} this swing low that is
[15:43] {nemo} they're gonna' drop the spy in the futures over night
01[15:45] {@Threei} OK, I am annoyed enough
01[15:45] {@Threei} have a good evening folks, see you tomorrow
[15:45] {jfjf64} Gn
Session Time: Wed May 13 00:00:00 2015
[09:14] {dino} gm
01[09:15] {@Threei} dino :)
[09:27] {jfjf64} Mornin
01[09:27] {@Threei} jf :)
01[09:28] {@Threei} Upside:
01[09:28] {@Threei} -WPZ +23+ (announced agreement to be acquired by Williams in $13.8B all-stock deal)
01[09:28] {@Threei} -GEVO +20% (earnings)
01[09:28] {@Threei} -VRTX +6% (momentum from FDA approval of lumacaftor/ivacaftor)
01[09:28] {@Threei} -WMB +6% (WPZ deal)
01[09:28] {@Threei} -PLL +5% (being acquired by DHR for $127.20/shr)
01[09:28] {@Threei} -DHR +5% (acquiring PLL)
01[09:28] {@Threei} -RENN +3% (earnings)
01[09:28] {@Threei} -ZBRA +3% (earnings)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -VSLR -9% (earnings)
01[09:28] {@Threei} -DD -6% (company won proxy contest with Trian)
01[09:28] {@Threei} -RL -4% (earnings)
01[09:31] {@Threei} Long Setup: FB .80 break
01[09:31] {@Threei} If holds .70
01[09:31] {@Threei} 1:1
[09:31] {nemo} that was fast
01[09:32] {@Threei} 1:2
01[09:32] {@Threei} 1:3
01[09:32] {@Threei} out
[09:33] {jfjf64} Nice mr fb
01[09:34] {@Threei} Short Setup: DAL .75 break
01[09:34] {@Threei} If holds .85
01[09:34] {@Threei} not yet
[09:35] {nemo} now me thinks
[09:35] {nemo} oil up
[09:36] {jfjf64} Uso watchin
[09:38] {jfjf64} AAPL s 70
[09:38] {jfjf64} Break
01[09:38] {@Threei} DAL
01[09:38] {@Threei} now
[09:38] {jfjf64} K
[09:39] {jfjf64} Oks break hod
[09:39] {nemo} it's riding vwap
[09:41] {dino} post drop
01[09:42] {@Threei} no go
[09:43] {jfjf64} AAPL beast mode
[09:45] {jfjf64} Watchin dd breakdown
[09:46] {jfjf64} .65 break
[09:46] {dino} dd drop
[09:48] {jfjf64} Valud
[09:48] {dino} dd sm l .80
[09:49] {jfjf64} Good luck
[09:49] {jfjf64} Short didn't trigger
[09:50] {nemo} DAL
[09:51] {nemo} short .70
[09:51] {nemo} out above .80
[09:53] {jfjf64} .56 first line
[09:53] {nemo} stop to .70
[09:54] {nemo} VXX looks long
[09:55] {jfjf64} Breaks .56
[09:56] {nemo} stop .60 partialing here
[09:57] {jfjf64} Next line .35
[09:57] {jfjf64} Sorry.33
[09:57] {dino} out dd .84, +04
[09:58] {jfjf64} My lines good
[09:59] {jfjf64} Where ya stop nemo
[09:59] {jfjf64} 56
[09:59] {jfjf64} ?
[09:59] {nemo} .60
[09:59] {nemo} it could go back to vwap though
01[10:00] {@Threei} *(US) MAR BUSINESS INVENTORIES: 0.1% V 0.2%E
[10:00] {dino} re-load dd sm l .80 stop lod
[10:00] {nemo} now stop to .55
[10:00] {jfjf64} Dd on watch .65 breakdown
[10:00] {jfjf64} Lol
[10:01] {jfjf64} Dino
[10:01] {dino} :)
[10:01] {dino} great minds
[10:01] {jfjf64} Watch bounce here nemo
[10:03] {jfjf64} F. K
[10:04] {jfjf64} Missed rent
[10:04] {jfjf64} 30 min orb
[10:04] {jfjf64} Nice nemo
[10:04] {nemo} stop to .35
[10:05] {jfjf64} You don't partial
[10:05] {jfjf64} Correct
[10:05] {nemo} [09:57] {nemo} stop .60 partialing here
[10:06] {nemo} partialed .42
[10:07] {nemo} gonna' get out soon, figure whole number bounce but it will likely close the gap today
[10:07] {nemo} here's the open
[10:08] {nemo} well, opening low
[10:08] {jfjf64} 47.10 line
[10:08] {nemo} out
[10:09] {jfjf64} Nice nemo
[10:10] {jfjf64} Rax smashed
[10:14] {dino} gj nemo
[10:14] {nemo} dcc dino
[10:15] {nemo} arguably DAL short again here, but I'm gonna pass
[10:16] {jfjf64} Rax bounce here
[10:16] {dino} dd odd, just crawing along vwap
[10:16] {jfjf64} Avg .43 ish
01[10:18] {@Threei} Short Setup: AIG .60 break
01[10:18] {@Threei} If holds .67
[10:21] {jfjf64} 44.75 next line rax
[10:29] {jfjf64} Out rax
[10:29] {jfjf64} Didn't partial
[10:32] {jfjf64} Uso little pop
[10:32] {nemo} oil news
01[10:33] {@Threei} inventories
01[10:34] {@Threei} 1:1
[10:39] {jfjf64} Rax s lod
[10:39] {jfjf64} .26 break
[10:42] {jfjf64} Not my day
[10:55] {jfjf64} Ocr break hod
[11:06] {jfjf64} Vfc l 98
[11:10] {dino} not seeing much
01[11:18] {@Threei} Long Setup: FB 78 break
01[11:18] {@Threei} If holds .90
01[11:21] {@Threei} change to .85 break
01[11:21] {@Threei} If holds .75
01[11:30] {@Threei} no go
01[11:30] {@Threei} 1 cent to 1:1
[11:31] {jfjf64} Weird mkt today
[11:31] {jfjf64} Nemo gets star for Mornin session
[11:36] {jfjf64} Missed another chart feye
[11:36] {jfjf64} 11:20 break
[11:39] {jfjf64} Like ocr little here
[11:40] {jfjf64} The 80 break
[11:43] {jfjf64} Will try feye break hod
01[11:50] {@Threei} Long Setup: AIG .80 break
01[11:50] {@Threei} If holds .70
[12:17] {nemo} I've decided the only thing golden about the golden years is urine
01[12:20] {@Threei} half out
[12:21] {cosmo} drink more water nemo; it'll lighten up
01[12:21] {@Threei} lol
[12:21] {dino} mine should be lighter tomorrow afternoon. golf trip
01[12:31] {@Threei} LOL... get this
01[12:32] {@Threei} paper published photo of Putin with aged image of a man in military uniform
01[12:32] {@Threei} byline says "President shows photo of his dad killed in WW2"
01[12:33] {@Threei} Putin was born in 1952
[12:40] {dino} roflol
01[12:42] {@Threei} internet is full of jokes, like: Russian spy got all emotional and teary when recieved news about his wife giving birth to their sun. Last he saw her was 15 years ago
01[12:44] {@Threei} Short Setup: DAL .10 break
01[12:44] {@Threei} If holds .20
[12:45] {dino} well, if it's on the internet, it must be true
01[12:45] {@Threei} it's all a part of patriotic hysteria whipped up in Russia
[12:46] {dino} sure create a new reality
01[12:46] {@Threei} I don't think I've seen such degree of nationalism and anti-west moods even in USSR times, at the peak of cold war
[12:48] {dino} well, thats the obummer re-set
01[13:02] {@Threei} *(US) TREASURY'S $24B 10-YEAR BOND AUCTION DRAWS 2.237%; BID-TO-COVER RATIO: 2.72 V 2.62 PRIOR AND 2.66 AVG OVER THE LAST 3 AUCTIONS
01[13:02] {@Threei} [GILD] Biotech blog highlights Senator Sanders (I-VT) calling to remove GILDs patent on Sovaldi to bring down its price
01[13:02] {@Threei} hmmm
01[13:03] {@Threei} that's interesting way to regulate [rices
01[13:13] {@Threei} half out
01[13:13] {@Threei} stop to .16
[13:22] {dino} clcd spike
01[13:26] {@Threei} [AMZN] Reportedly Walmart preparing to launch a subscription based fast shipping service similar to Amazon Prime
01[13:26] {@Threei} stop to .11
01[13:31] {@Threei} to .06
01[13:35] {@Threei} 1/4 more out
01[13:36] {@Threei} man, there is some blood in any stone
01[13:40] {@Threei} to .01
01[13:40] {@Threei} 1/2
01[13:40] {@Threei} 1:2
[13:42] {dino} gj
01[13:43] {@Threei} ty
[14:11] {jfjf64} Anything going on
01[14:12] {@Threei} just closed DAK short
01[14:12] {@Threei} DAL
[14:12] {jfjf64} I see
[14:12] {jfjf64} Gj
01[14:14] {@Threei} Long Setup: GILD .60 break
01[14:15] {@Threei} Invalidated
[14:18] {jfjf64} does spy break down
[14:18] {jfjf64} Or bounce again
[14:18] {nemo} it is breaking down
[14:18] {jfjf64} This level
[14:18] {nemo} is testing under 210, may test pivot at 209.75...finnies have been the driver today
[14:20] {dino} buy 18,700s sell 18,200s
01[14:20] {@Threei} Long Setup: VXX .95 break
[14:20] {dino} buy 17,700s i mean
[14:36] {dino} calling it a week. golf trip starts at 4:00, heading to myrtle beach area. back for trading wednesday. good luck all
[14:36] {dino} nemo, good luck w/your father
01[14:37] {@Threei} have fun dino
[14:37] {dino} ty
[14:38] {jfjf64} Enjoy pal
[14:39] {dino} ty, stay in the zone jf
[14:40] {jfjf64} Let's go spy die
[14:45] {jfjf64} Here we go
[14:46] {jfjf64} Downward starts here
01[14:47] {@Threei} nah
[14:50] {jfjf64} It's going
[14:50] {jfjf64} That candl colormation
[14:50] {jfjf64} Lol
[14:51] {jfjf64} Very confident
[14:52] {jfjf64} Grab Vxx here
[14:52] {jfjf64} Thinkin
[14:55] {jfjf64} 90 break
[14:55] {jfjf64} One mor time
[14:56] {jfjf64} This is why I drink
01[14:57] {@Threei} lol
[14:57] {jfjf64} That's some support
[14:57] {jfjf64} 6 times
[14:57] {jfjf64} No break
[15:04] {jfjf64} Dal filled gap
[15:04] {nemo} mmhhh where'd I here that before?
[15:04] {nemo} actually gap 46.10ish
[15:05] {jfjf64} Ya as good as ya last trade
[15:08] {jfjf64} Feye movin up
[15:10] {jfjf64} Jf nominates vg to find 1:4 for the boys
[15:10] {nemo} 1:10
[15:11] {jfjf64} Lol
01[15:11] {@Threei} 1:30
01[15:11] {@Threei} 1:50
01[15:11] {@Threei} why stop
01[15:11] {@Threei} Long Setup: GILD .60 break
01[15:11] {@Threei} If holds .50
[15:14] {jfjf64} Bombs away
[15:14] {jfjf64} Me think
[15:15] {jfjf64} Who I'm I to think
[15:22] {nemo} GILD two way
[15:25] {jfjf64} Vg what's drink of choice tiday
[15:26] {nemo} dumb question
01[15:26] {@Threei} hmmm
01[15:26] {@Threei} haven't had time to think ogf it yet
[15:26] {jfjf64} I'm starting to think
[15:27] {jfjf64} Nemo how stash on vodka
[15:27] {nemo} gotta' make a run tonight
[15:29] {jfjf64} 3:30 push down
[15:30] {jfjf64} Who knows
01[15:30] {@Threei} sigh
01[15:30] {@Threei} annoying
[15:30] {jfjf64} Basterds
[15:31] {nemo} VXX
01[15:35] {@Threei} ok
01[15:35] {@Threei} ,90 break VXX
01[15:35] {@Threei} last try
01[15:35] {@Threei} for today
[15:35] {nemo} stop below .85 should be sufficient
[15:36] {nemo} SPY pivot right here and finny open
[15:36] {nemo} aapl pivot
[15:36] {nemo} IWM close to yesterday close
[15:39] {nemo} spy on the cliff
[15:40] {nemo} SPY resistance .90
[15:40] {jfjf64} .88
[15:40] {jfjf64} Lol
[15:41] {nemo} spy low is daily pivot
[15:41] {nemo} this swing low that is
[15:43] {nemo} they're gonna' drop the spy in the futures over night
01[15:45] {@Threei} OK, I am annoyed enough
01[15:45] {@Threei} have a good evening folks, see you tomorrow
[15:45] {jfjf64} Gn
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