June 05 2015

Nice strong trading sessions with a few juicy wins, making it a good end to the week


Session Time: Fri Jun 05 00:00:00 2015
[09:05] {dino} gm
[09:05] {RonS} gm
01[09:05] {@Threei}  dino :)
01[09:05] {@Threei}  ron :)
01[09:07] {@Threei}  chaeron's entrance was nothing if not grand yesterday
01[09:07] {@Threei}  over an hour after market close, mind you:
01[09:08] {@Threei}  [17:08] {Chaeron} Hey!!! Where is everybody? Get those traders back in here!!!! Turn those machines back on!!! Turn those machines back on~!!!!!!! https://www.youtube.com/watch?v=j4SRsGn14PI
[09:08] {dino} lol
[09:18] {nemo} IWM looks short
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -JASO +15% (received going-private bid valued at $9.69/ads)
01[09:24] {@Threei}  -ALDR +5.5% (momentum from CEO appearance on Mad Money Thursday night)
01[09:24] {@Threei}  -GSIT +4.5% (confirmed receipt of unsolicited $6.5.shr bid from GIG)
01[09:24] {@Threei}  -DMND +3.7% (earnings)
01[09:24] {@Threei}  -QUNR +3.5% (offering 6.5M shares priced at $47.50/shr)
01[09:24] {@Threei}  -ZOES +3.2% (earnings)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -ZUMZ -11% (earnings)
01[09:24] {@Threei}  -ESL -9% (earnings)
01[09:24] {@Threei}  -COO -2.2% (earnings)
01[09:24] {@Threei}  -PAY -2% (earnings)
01[09:24] {@Threei}  -VOD -2% (confirmed early stage talks with Liberty related to possible exchange of selected assets)
01[09:24] {@Threei}  now here is a stock wishing for another symbol:
01[09:24] {@Threei}  -ISIS +2.2% (announced licensing agreement with Bayer for ISIS-FXI Rx received HSR approval)
[09:25] {cosmo} Egyptian goddess...right?
[09:25] {nemo} mother of Horace
[09:25] {cosmo} yep
01[09:27] {@Threei}  is father known?
[09:29] {nemo} yeah, think it's the god of the underworld, name escapes me at the moment
01[09:29] {@Threei}  Hades
[09:29] {nemo} no, that's the Roman
01[09:29] {@Threei}  Pluto
[09:29] {cosmo} Corvus?
[09:30] {nemo} and there goes IWM
[09:31] {nemo} Osiris I think
[09:31] {cosmo} husband
[09:31] {cosmo} brother too
[09:31] {nemo} of Isis
[09:31] {cosmo} yep
01[09:33] {@Threei} Long Setup:  FB  .82 break
01[09:33] {@Threei}  If holds  .90
01[09:34] {@Threei}  Invalidated
[09:35] {cosmo} precious metals getting tarnished
01[09:35] {@Threei} Long Setup:  FB  .80 break
01[09:35] {@Threei}  If holds  .70
[09:35] {nemo} Ron rubbed off on you already
[09:35] {cosmo} silver looking more like zinc
01[09:35] {@Threei}  1:1
01[09:36] {@Threei}  1:2
01[09:36] {@Threei}  1:3
01[09:37] {@Threei}  out
01[09:41] {@Threei}  NVDA Seeing early put tradesJul 22 puts trading at $0.90
01[09:43] {@Threei} Long Setup:  VXX  .55 break
01[09:46] {@Threei}  change to .50 break
01[09:46] {@Threei}  If holds  .40
01[09:50] {@Threei}  struggle
[09:53] {dino} 07 green scroll
[09:53] {dino} expe sm l .65
01[09:53] {@Threei} Long Setup:  FCX  .50 break
01[09:53] {@Threei}  If holds  .40
01[09:54] {@Threei}  no go VXX
01[10:02] {@Threei}  1:1
[10:03] {dino} -markets giving greece the middle finger
01[10:05] {@Threei}  just confident that this or that way but it's going to be resolved or kicked down the road again
01[10:09] {@Threei}  1:2
[10:10] {dino} out expe flat
[10:29] {dino} asps sm l .50
[10:29] {dino} adpt spike
01[10:37] {@Threei}  [FSLR] Hearing takeover chatter - Rumored to have hired advisors to evaluate a potential takeover offer; WMT rumored as a potential bidder, with price chatter in low $70's
[10:37] {dino} adpt wow
[10:46] {dino} le drop
[10:47] {dino} yy
01[11:00] {@Threei}  OK, this headline certainly makes my day
01[11:00] {@Threei}  Drunken Russian destroys Lenin statue while trying to take selfie
[11:01] {dino} roflol
[11:25] {dino} yy sm s .18
01[11:28] {@Threei} Long Setup:  FB  82 break
01[11:28] {@Threei}  If holds  .90
01[11:31] {@Threei}  Invalidated
01[11:49] {@Threei}  Analysts note that OPEC has been producing more than quota for the last 12 months. The Iranians meanwhile promised to hike output the day sanctions are lifted. WTI is testing yesterday's lows just below $57, after trading above $61 earlier in the session. Brent is just above $61, at two-month lows.
01[12:05] {@Threei} Long Setup:  VXX  .25 break
01[12:05] {@Threei}  If holds  .15
[12:05] {dino} yy stopp -.30
[12:05] {dino} not my day
[12:05] {dino} lots of stops and rinses
[12:06] {dino} taking a break
01[12:23] {@Threei}  (GR) Greece PM Tsipras: we have entered the last phase of talks with creditors - Greek Parliamentary briefing - We are being fully transparent and aim for a mutually beneficial solution with Europe- Our proposal to lends was complete and the only realistic framework for reaching a deal
01[12:27] {@Threei}  half out VXX
01[12:27] {@Threei}  stop .19
01[12:29] {@Threei}  1:1
01[12:29] {@Threei}  to .24
01[12:30] {@Threei}  1/4 more out
01[12:30] {@Threei}  stop .29
01[12:31] {@Threei}  - Disappointed by Juncker proposal, it backtracked on some of the common ground reached in recent months; can't agree to unrealistic proposals; hopes creditors will withdraw their proposal
01[12:31] {@Threei}  Greece makes our VXX play
01[12:32] {@Threei}  SPY says Osiris, where are though
01[12:32] {@Threei}  thou
[12:32] {nemo} art thou
01[12:32] {@Threei}  darn autocorrect
[12:47] {RonS} could God even do it?  ...Tsipras says key goals: Lower primary surplus, debt restructuring, safeguard pensions, income redistribution, collective contracts, stimulus
01[12:48] {@Threei}  Oisris, maybe
[13:46] {dino} le l .70
[13:48] {dino} kyth spike
01[13:59] {@Threei} Long Setup:  FB  .15 break
01[13:59] {@Threei}  If holds  .05
[14:05] {dino} rsti hl s .08
01[14:14] {@Threei}  1:1
01[14:19] {@Threei}  1:2
[14:24] {dino} cov rsti .84, +.24
[14:25] {dino} out le .83, +.13
01[14:25] {@Threei}  restoring confidence :)
[14:26] {dino} slowly. startred o for 4, with 3 rinses. un-f'ing-believable
01[14:31] {@Threei}  that's what I call a clusterf*ck
[14:32] {dino} seriously. whats w/the rinses. driving me nuts
[14:45] {dino} back in 30
06[15:15] * @Threei slaps Chaeron around a bit with a large roll of cash
[15:15] {Chaeron} thank you... thank you very much
01[15:15] {@Threei}  :)
[15:15] {Chaeron} Hi 3i, Nemo, Dino, Ron...
[15:15] {Chaeron} Nice to meet you jm
[15:16] {Chaeron} (You guys miss the politeness Larisa and I brought to the room...)
[15:16] {nemo} bullshit
[15:17] {Chaeron} heheheh.. hi nemo. Now go kill yourself... thre.. is that more like it?
[15:19] {nemo} not in a good mood...bunny got killed last weekend
[15:19] {nemo} VXX long might be a play
01[15:19] {@Threei} Long Setup:  VXX  .10 break
01[15:20] {@Threei}  yup
01[15:24] {@Threei}  see DEO, dino?
01[15:34] {@Threei}  stop .04
[15:35] {dino} hey chaeron, welcome back
[15:36] {dino} deo smr s .56
[15:37] {dino} no go stop
[15:38] {dino} break .00 reload short
[15:39] {nemo} what's the news?
[15:39] {dino} buyout rumor
01[15:42] {@Threei}  taking scalp on VXX
01[15:42] {@Threei}  good day, time for the weekend
01[15:42] {@Threei}  thank you all, have a good weekend
01[15:42] {@Threei}  see you Monday
[15:43] {dino} smr s .49
[15:46] {dino} cov deo .99, +.50
[15:54] {dino} gn all
[15:54] {nemo} P&Q

June 04 2015

Nice first half of the day, ending with juicy 1:3er on LGF long, and just a chop on last two hours. Still positive for the day though

Session Time: Thu Jun 04 00:00:00 2015
[09:03] {dino} gm
01[09:03] {@Threei}  dino :)
[09:05] {RonS} gm
01[09:06] {@Threei}  ron, welcome back
01[09:06] {@Threei}  you want to track greek tragedy real time eh? :)
[09:08] {RonS} guess so, seems neverending...like the old Soviet Union...until it isn't...
01[09:10] {@Threei}  I suspect they got so used to this and started seeing it as their main job that they will keep it going just for the sake of doing something every day
[09:10] {dino} welcome back ron
[09:11] {RonS} hi dino, how's the big hitter?
[09:11] {dino} still grinding it out
[09:12] {RonS} ...golf comment...grinding there too?
[09:14] {dino} played last night, was even par after 8, then put my tee shot ob. ended up 3 over for 9.
[09:18] {RonS} 3i, when does school end?  heard from ese at all?
01[09:18] {@Threei}  yes, July
01[09:18] {@Threei}  around 10th if I remember correct
[09:18] {RonS} wow
[09:19] {cosmo} that's summer school..right?
01[09:19] {@Threei}  nemo will be late today (in case you are missing him horribly and wondering when oh when he is coming in)
01[09:19] {@Threei}  no, regular
[09:19] {cosmo} ugh
01[09:19] {@Threei}  end of June for kids, a week or so more for teachers
[09:19] {cosmo} ah
[09:21] {dino} oh
01[09:22] {@Threei}  uh
01[09:22] {@Threei}  {ese} eh
[09:23] {dino} lol
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -BRLI +44% (being acquired by OPK)
01[09:26] {@Threei}  -AVEO +23% (r'cvd European regulatory guidance regarding potential marketing authorization application for Tivozanib)
01[09:26] {@Threei}  -GEVO +9% (breakthrough will allow it to produce isobutanol from cellulosic feedstocks such as wood which can be converted to jet fuel)
01[09:26] {@Threei}  -VISN +8% (announced financial transaction led by BIDU; will collaborate with BIDU on urban public transportation WiFi network development)
01[09:26] {@Threei}  -FIVE +7% (earnings)
01[09:26] {@Threei}  -TMUS +6.6% (talks between DISH/TMUS have momentum, however there are issues like price & minority share protections)
01[09:26] {@Threei}  -EYES +5% (disclosed OH/KY CGS administrators agreed to cover Argus II prosthesis system)
01[09:26] {@Threei}  -DISH +4.5% (talks with TMUS)
01[09:26] {@Threei}  -CIEN +4.4% (earnings)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -OPK -6.6% (negative comments from Feuerstein re BRLI acquisition)
01[09:27] {@Threei}  -AER -2% (sale of stock by AIG)
01[09:27] {@Threei}  -BLUE -2% (amended exclusivity agreement with CELG for 2 anti-BMCA candidates)
01[09:31] {@Threei} Long Setup:  VXX  .05 break
01[09:32] {@Threei}  If holds  .95
01[09:33] {@Threei}  no go
01[09:35] {@Threei}  rinse
01[09:36] {@Threei}  (US) IMF calls on the Fed to delay first rate hike unitl 2016, cuts US growth forecast - does not expect inflation to reach Fed's 2% inflation forecast until mid 2017
[09:37] {dino} lol, advice from the imf
01[09:37] {@Threei}  yeah
01[09:39] {@Threei} Long Setup:  TWTR  .40 break
01[09:39] {@Threei}  If holds  .30
01[09:40] {@Threei}  1:1
[09:42] {cosmo} dino got kicked by imf?
[09:42] {dino} computer gremlins
[09:43] {cosmo} ah
01[09:43] {@Threei}  1:2
[09:44] {dino} expe gap filled
01[09:45] {@Threei} Long Setup:  FB  .70 break
01[09:45] {@Threei}  If holds  .60
01[09:46] {@Threei}  1:3  TWTR
01[09:47] {@Threei}  1 cent to 1:1, FB
01[09:47] {@Threei}  ugh
01[09:50] {@Threei} Long Setup:  FCX  .50 break
01[09:52] {@Threei}  Invalidated
01[09:53] {@Threei}  FCX, valid again
01[09:53] {@Threei}  If holds  .40
[09:56] {dino} aldr spike
01[09:58] {@Threei}  ALDR CEO to appear on Cramer's Mad Money tonight
01[10:00] {@Threei}  1:1
[10:02] {dino} ty
01[10:02] {@Threei}  :)
[10:11] {dino} visn spike
[10:12] {dino} visn sm s .59
01[10:14] {@Threei} Short Setup: MCD  .80 break
01[10:14] {@Threei}  If holds  .90
[10:15] {dino} cov visn .80, +.79
[10:15] {RonS} gj
01[10:15] {@Threei}  wtg
[10:15] {dino} ty
01[10:16] {@Threei}  Invalidated
[10:17] {dino} atra spikey
[10:18] {dino} vimc drop
01[10:25] {@Threei}  (GR) IMF's Lagarde: Bundling Greece's June IMF debt payments is not likely to happen, given statements of Greek officials
[10:31] {dino} -100, then flat, now -100 coming
[10:37] {RonS} qotd:  Hillary makes FIFA look transparent
01[10:37] {@Threei}  lol
01[10:40] {@Threei}  Putin takes FIFA thing hard
[10:42] {dino} cavm spike
[10:47] {dino} ugh, missed cavm short by .02
[10:48] {dino} ehic spike, thinking its a modern hic
[10:51] {dino} bmy spike
[10:52] {dino} sm s .59
01[10:52] {@Threei}  BMY Hearing vague chatter company considering a sale of the company and has hired advisors to evaluate an approach from a possible suito
[10:55] {dino} cov bmy .22, +.37
[10:55] {dino} and i hear vague voices in my head, or is that dogs barking?
[10:56] {RonS} thought dogs barking referred to feet...
[10:57] {dino} tired dogs
[10:57] {dino} rebel yell on tunes
[10:57] {dino} rockin' out this morning
[10:58] {dino} wow, covered that too soon
[10:58] {dino} cavm attempting to hit its hod
[11:19] {dino} cavm sm s .76, bs .01
[11:20] {dino} cov cavm .46, +.30
[11:23] {dino} hmmm, its like i am talking to myself
01[11:23] {@Threei}  you are
01[11:23] {@Threei}  what else is new
01[11:23] {@Threei}  nemo does regularly
[11:23] {dino} this is true
[11:24] {RonS} nemo hand signs to himself...and replies with his feet...
01[11:24] {@Threei}  lol
[11:24] {dino} caveman wiggling in .50 increments
[11:26] {RonS} cavm...isn't that on the element chart?
[11:27] {dino} perhaps
[11:27] {dino} new hod
01[11:37] {@Threei}  feels like breakdown is coming in SPY
[11:41] {dino} cpla spike
[11:58] {dino} taking a lunch hour
01[12:03] {@Threei}  The details of Europe's offer to Athens have come out this morning. Greece's creditors called for increases in the VAT tax and pension cuts, plus more privatizations. More importantly, the offer includes plans to allow the EFSF to provide almost €11B in support for the July-August period. Tsipras is reportedly not happy about the VAT and pension components, as they still press his party's red lines. The Eurogroup's Dijsselbloem said that differences with Greece were narrowed but still remain substantial.
01[12:04] {@Threei}  listening to Rubio... first really sane candidate I've seen in a good while
01[12:31] {@Threei} Long Setup:  LGF  .80 break
01[12:31] {@Threei}  If holds  .70
[12:41] {RonS} thinkin this is must be a silent movie...
01[12:41] {@Threei}  lol
[12:41] {RonS} or black and white?
01[12:41] {@Threei}  green and red on my charts
01[12:42] {@Threei}  green faces... yikes
01[12:42] {@Threei}  even worse than blue ones in that idiotick sci-fi flick
01[12:42] {@Threei}  avatar?
01[12:44] {@Threei}  see? in just 12 minutes it triggered
01[12:44] {@Threei}  in 3 hours it will be at 1:1
01[12:45] {@Threei}  hmmm... maybe faster
[12:45] {RonS} giddyup
01[12:46] {@Threei}  even giddyupper now
01[12:46] {@Threei}  1:1
01[12:46] {@Threei}  ever thought it could be this fast?
01[12:52] {@Threei}  (GR) Germany Chancellor Merkel: talks with Greece are far from any conclusion - Greece Fin Min: Creditors must come to more realistic proposals (Greece PM earlier characterized the lender proposals as extreme)
[12:54] {RonS} if this keeps going dino will show up and short it...
01[12:55] {@Threei}  lol
[13:04] {RonS} out here...thanks 3i
01[13:04] {@Threei}  1:2
01[13:04] {@Threei}  yw :)
01[13:36] {@Threei}  1:3
[13:37] {RonS} wtg
01[13:38] {@Threei}  ty
01[13:41] {@Threei} Short Setup: MON  .50 break
01[13:41] {@Threei}  If holds  .60
01[13:42] {@Threei}  Greece Fin Ministry has formally rejected the creditors proposals as it would create more poverty and unemployment
01[13:53] {@Threei}  no go
01[13:56] {@Threei} Long Setup:  VXX  .45 break
01[13:56] {@Threei}  If holds  .40
01[13:58] {@Threei}  now we need one more panic Greece headline
01[13:59] {@Threei} Short Setup: PG  .10 break
01[13:59] {@Threei}  If holds  .20
01[14:03] {@Threei}  let's trail PG to .16
01[14:04] {@Threei}  market gets a bit hectic
01[14:12] {@Threei}  meh PG
[14:13] {dino} zzzzzzzzzzzzzzzzz
01[14:14] {@Threei}  missed nice 1:3er dino
[14:14] {dino} yeah, i see that above, gj
01[14:14] {@Threei}  LGF, from .80 to .10
01[14:14] {@Threei}  after that just chop chop
[14:14] {RonS} even jf could have caught that one...
01[14:15] {@Threei}  hehe
[14:15] {dino} decent morning
01[14:15] {@Threei}  now, this is interesting headline for standups:
01[14:15] {@Threei}  FB Introduces Facebook Lite, a stripped down app for users in the developing world
[14:15] {dino} i have a meeting at 3:00, so unless something pops up soon, i may be done for the day
[14:21] {RonS} lol facebook light... fo Starvin Marvin from South Park?
[14:21] {dino} lol
[14:23] {dino} wow, htgm spready
[14:24] {dino} juno spike
[14:30] {dino} tbra spike, thin
[14:32] {dino} gotta hop. good luck into the close. see you tomorrow
[14:33] {RonS} cya
01[14:34] {@Threei}  take care dino
[14:35] {dino} ty
01[14:40] {@Threei} Long Setup:  FB  .85 break
01[14:41] {@Threei}  If holds  .75
01[14:55] {@Threei}  no go
01[15:00] {@Threei} Long Setup:  IWM  .50 break
01[15:00] {@Threei}  If holds  .40
01[15:03] {@Threei}  should be time for last hour rally
01[15:16] {@Threei}  nah... no rally
01[15:31] {@Threei} Long Setup:  VXX  .50 break
01[15:31] {@Threei}  If holds  .40
01[15:32] {@Threei}  last try for the day
[15:32] {cosmo} that rally would have started 5 minutes ago if we had a panic today...
01[15:33] {@Threei}  what was 5 min ago?
[15:34] {cosmo} its been awhile for this phenomin
[15:34] {cosmo} phenominin?
[15:34] {cosmo} hmm
01[15:34] {@Threei}  new medicine?
[15:34] {cosmo} nah...it's pre 911 thinking...
01[15:34] {@Threei}  ah
[15:35] {cosmo} mkt may not work that way anymore
01[15:35] {@Threei}  just wondering how 3:27 pm is significant :)
[15:35] {cosmo} its edt
[15:36] {cosmo} 3:30 actually was the expectation for an eod turn around back in the day
[15:37] {cosmo} if there was panic selling all day
[15:38] {cosmo} ...like a 5% selloff
01[15:43] {@Threei}  two hours in narrow range, just chop
01[15:43] {@Threei}  really would like to see some nice breakdown
01[15:44] {@Threei}  like this... and fast furious drop
01[15:45] {@Threei}  kind of, but faster and, ummm, furioser
01[15:45] {@Threei}  Lewis Caroll would be proud of me
[15:46] {cosmo} instead, Franz Kafka is proud of you...
[15:47] {cosmo} us
01[15:47] {@Threei}  I'll take it... just keep Lev Tolstoy away please
01[15:48] {@Threei}  (GR) Euro zone officials say near agreement with Greece on VAT, but pension reforms still an obstacle - press - Creditors worried that Greece may ultimately require a third extension of the current bailout beyond the end of June
01[15:50] {@Threei}  how about this
01[15:50] {@Threei}  nearing low
01[15:50] {@Threei}  one more step down and panic is here
01[15:51] {@Threei}  time becomes an issue though
[15:51] {cosmo} I hope it holds
01[15:52] {@Threei}  lod
01[15:53] {@Threei}  no breakdown...
01[15:53] {@Threei}  oh well
01[15:55] {@Threei}  ok guys, thank you, have a good evening
01[15:55] {@Threei}  see you tomorrow

June 03 2015

Mostly scalps with couple nice exceptions, but positive day despite all the chop-chop.

Session Time: Wed Jun 03 00:00:00 2015
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -SNCR +20% (company exploring a sale; drawn some interest from PE names)
01[09:29] {@Threei}  -GIII +8.2% (earnings)
01[09:29] {@Threei}  -HALO +8% (entered global collaboration & licensing agreement with ABBV)
01[09:29] {@Threei}  -ESPR +4.3% (price target increase at JMP Securities)
01[09:29] {@Threei}  -SNTA +4% (updates to Ganetesip ovarian cancer treatment)
01[09:29] {@Threei}  -MNI +3.6% (guided FY15 digital-only ad revenues to grow in the double-digit range)
01[09:29] {@Threei}  -WEN +3.1% (announced $1.4B buyback; Trian disclosed amended 24% stake)
01[09:29] {@Threei}  -GPRO +3% (positive broker commentary)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -VMEM -12% (earnings)
01[09:29] {@Threei}  -ORIG -7% (offering shares of indeterminate amount)
01[09:29] {@Threei}  -CDTI -6% (raising $5.1M through offering of 2.5M units at $2.05)
01[09:29] {@Threei}  -GRPN -4% (named Rich Williams COO; upsized repurchase program by $200M)
01[09:30] {@Threei} Long Setup:  FB  .50 break
01[09:31] {@Threei}  If holds  .40
01[09:32] {@Threei}  1:1
01[09:32] {@Threei}  1:2
01[09:35] {@Threei} Short Setup: FCX  .20 break
01[09:35] {@Threei}  If holds  .30
01[09:38] {@Threei} Long Setup:  VXX  19 break
01[09:40] {@Threei}  1:1  FCX
01[09:45] {@Threei}  *(US) MAY FINAL MARKIT SERVICES PMI: 56.2 V 56.4E
01[09:51] {@Threei} Long Setup:  JPM  .65 break
01[09:51] {@Threei}  If holds  .55
01[09:55] {@Threei}  trail to .59
01[09:57] {@Threei}  half out
01[09:57] {@Threei}  stop to .64
[10:07] {dino} gm
01[10:08] {@Threei}  dino :)
[10:10] {dino} sold those vdsi june calls, _.65/28%
01[10:11] {@Threei} Short Setup: DAL  .20 break
01[10:11] {@Threei}  If holds  .30
01[10:20] {@Threei} Short Setup: MCD  .75 break
01[10:20] {@Threei}  If holds  .82
01[10:22] {@Threei}  Invalidated
[10:22] {nemo} indexes running up on Greece hope
01[10:31] {@Threei} Long Setup:  FCX  .60 break
01[10:31] {@Threei}  If holds  .50
01[10:33] {@Threei}  change to .50 break
01[10:33] {@Threei}  If holds  .45
[10:34] {dino} hate these kind of days for trading
01[10:45] {@Threei}  1:1
01[11:40] {@Threei}  It has been a turbulent morning for global markets as participants wrangle with headlines regarding Greece deal negotiations, the ECB post rate-decision press conference and the OPEC meeting in Vienna. Bonds are selling off hard while US equities are well bid
01[11:41] {@Threei}  Regarding QE, Draghi reaffirmed the council's commitment to following through with the full program through 2016 and crowed that all is going exactly according to plan. The staff raised their forecast for 2015 inflation to +0.3% from flat prior, after lowering it to that level from +0.7% back in March due to the oil price collapse. Responding to recent gains in inflation, Draghi said inflation is nowhere near close to the ECB's targets and that the total amount of purchases under QE would be adequate, and suggested if anything the ECB could even expand purchases if necessary.
01[11:52] {@Threei}  missed VXX near .80...
[12:04] {dino} syt spike
[12:04] {dino} mon drop
[12:05] {dino} syt sm s .54
[12:06] {dino} cov 93.35, +1.19
01[12:06] {@Threei}  wtg
[12:06] {dino} lol, that was fast
[12:06] {dino} of course, old ac/dc on the radio
[12:07] {dino} gets ya going
01[12:22] {@Threei} Long Setup:  VXX  19 break
01[12:27] {@Threei}  (GR) Greece PM Tsipras, in call with Germany Chancellor Merkel and France Pres Hollande, have agreed on lower surplus targets - Greece press
01[12:28] {@Threei}  next line will be denial by Merkel and Hollande
[12:32] {dino} tsipras, "we will gladly pay you tomorrow for hamburgers today"
01[12:32] {@Threei}  or never
[12:32] {dino} :)
01[12:32] {@Threei}  but those hamburgeres better be good
01[12:35] {@Threei}  market looks breakdownish
01[12:35] {@Threei}  or not
01[12:35] {@Threei}  low volume bounce
01[12:36] {@Threei}  if does another sharp red bar, should drop hard
01[12:37] {@Threei}  nah'
01[12:41] {@Threei}  - EU's Moscovici reiterates the offer to Greece is not an ultimatum
01[12:48] {@Threei}  AMCO Ticking higher on circulation of reports that the company could seek a partnership
01[12:49] {@Threei}  CROX Seeing put activity 2600 sep 16 puts trade at $1.54
01[14:06] {@Threei} Long Setup:  IWM  .75 break
01[14:06] {@Threei}  If holds  .65
[14:08] {dino} rxdx spike
[14:11] {dino} rxdx sm s .08
01[14:15] {@Threei}  1:1
[14:20] {dino} bstoppped .29, -.21
[14:28] {dino} rinsed
01[15:11] {@Threei} Long Setup:  MCD  .60 break
01[15:11] {@Threei}  If holds  .50
01[15:19] {@Threei}  no go
01[15:31] {@Threei} Long Setup:  FB  .45 break
01[15:31] {@Threei}  If holds  .35
01[15:35] {@Threei}  change to .40 break
[15:39] {dino} life a bit of a hooker, .90
[15:40] {dino} lol, 1.12 spread
01[15:41] {@Threei}  lol
01[15:42] {@Threei}  that gives new definition to that spread
[15:42] {dino} strza whoa
[15:43] {dino} sm s .84
01[15:43] {@Threei}  half out
[15:44] {dino} cov strza .10, +.74
01[15:44] {@Threei}  wtg
[15:44] {dino} ty
[15:44] {dino} probably goes lower
[15:45] {dino} strange day, only 3 trades but very good results
01[15:45] {@Threei}  nice
01[15:45] {@Threei}  1:1
[15:46] {dino} gj
[15:46] {dino} i think w/that trade i am calling it a day. tee time in 45
[15:47] {dino} damn, it did go lower
[15:47] {dino} oh well, gn all
01[15:47] {@Threei}  take care, see you tomorrow

June 02 2015

Couple larger trades made the day positive while scalps and stops balanced each other out

Session Time: Tue Jun 02 00:00:00 2015
01[09:24] {@Threei}  GR) EU's Dijsselbloem: Creditors are still far from a deal with Greece, will not meet Athens half way ***Reminder: Earlier today, the EU confirmed that many documents on Greece are being exchanged between both sides, which is a positive sign. Last night, there were reports that all of Greece's major creditors met to draft a "final offer" to be presented to PM Tsipras. Rejection could put Greece in default.
[09:27] {dino} gm
01[09:27] {@Threei}  dino :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -AVEO +14% (positive coverage from CI for VeriStat Test causing positive stock move)
01[09:30] {@Threei}  -ZION +4.7% (announced corporate restructuring & positive broker commentary)
01[09:30] {@Threei}  -PVH +4% (earnings)
01[09:30] {@Threei}  -DG +4% (earnings)
01[09:30] {@Threei}  -CBRL +3.3% (earnings)
01[09:30] {@Threei}  -DB +3.3% (DB Financial services conference comments - exiting 7-10 unprofitable companies; closing 200 retail branches)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -CTRP -5.4% (talks with QUNR said to be ended)
01[09:30] {@Threei}  -ACOR -4.5% (disclosed a hold on Phase 1b clinical trial of cimaglermin alfa)
01[09:30] {@Threei}  -CG -4% (priced secondary)
01[09:30] {@Threei}  -DAL -2.5% (May metrics)
01[09:30] {@Threei}  -BXMT -2.5% (priced 10M share offering for gross proceeds of $296.5M)
01[09:30] {@Threei}  -ODFL -2 (May LTL tons/day report)
01[09:34] {@Threei} Long Setup:  FB  80 break
01[09:34] {@Threei}  If holds  .90
01[09:35] {@Threei}  no go
01[09:38] {@Threei} Long Setup:  IWM  .60 break
01[09:38] {@Threei}  If holds  .50
01[09:39] {@Threei}  1:1
[09:44] {dino} expe sm l .45
01[09:46] {@Threei} Long Setup:  FB  .80 break
01[09:46] {@Threei}  If holds  .70
01[09:52] {@Threei}  1:1
01[09:56] {@Threei}  1:2
01[09:56] {@Threei}  1:3
01[09:56] {@Threei}  out
01[09:58] {@Threei}  1:4
[09:58] {dino} gj
[10:00] {dino} asps sm l .60
01[10:01] {@Threei}  ty
[10:10] {dino} tsro sm l .65 wide
01[10:15] {@Threei} Short Setup: TWTR  .25 break
01[10:15] {@Threei}  If holds  .35
01[10:20] {@Threei}  stop to .31
[10:24] {dino} out asps .15, +.55
[10:27] {dino} out expe .87, +.42
01[10:27] {@Threei}  wtg
[10:27] {dino} ty
[10:28] {dino} tsro stop .41 -.24
01[10:40] {@Threei} Long Setup:  FB  .65 break
01[10:40] {@Threei}  If holds  .55
[10:45] {dino} tsro smr l .45
[10:49] {nemo} FB
[10:51] {dino} hznp spike
01[10:51] {@Threei}  no go
[11:02] {dino} out tsro .20, +.75
01[11:02] {@Threei}  gj
[11:02] {dino} ty
[11:04] {dino} espr drop
[11:11] {dino} moh drop
[11:12] {dino} zbra spike
[11:21] {dino} coll spike, thinny
01[11:21] {@Threei}  (GR) In latest draft proposals on Greece talks, IMF still taking a harder stance against Greece than the EC in recommended steps that must be taken - press - EC will not provide Greece with an ultimatum- Disagreements on key issues still remain, though staff appears to be seeking to reach a political agreement
[11:23] {dino} greece "give us the amount due and we will pay it to you"
[11:24] {dino} tsro drop
01[11:30] {@Threei} Short Setup: FB  .40 break
01[11:30] {@Threei}  If holds  .50
01[11:33] {@Threei}  two-sided
01[11:33] {@Threei}  long
01[11:36] {@Threei}  half out
01[11:37] {@Threei}  stop to .55
01[11:38] {@Threei}  1:1
01[11:44] {@Threei}  1:2
[11:45] {dino} gj
01[11:50] {@Threei}  ty
01[11:55] {@Threei}  1:3
01[11:55] {@Threei}  (slept through)
[11:56] {dino} understood
[11:56] {dino} this greek thing reminds me of whimpy character in popeye, "i will gladly pay you tomorrow for a hambuger today"
[11:57] {dino} clvs drop
01[12:02] {@Threei}  heh
[12:03] {dino} shld spike
[12:04] {dino} sm s .24
[12:05] {dino} cov .76, +.48
[12:05] {dino} fast
[12:05] {nemo} news on this bounce?
[12:06] {dino} nothing sice am
[12:06] {dino} since
01[12:08] {@Threei}  no
01[12:11] {@Threei}  There are dueling Greek proposals out this morning, further muddying the waters over negotiations between Athens and its creditors. Last night, there were reports that Greece's major creditors met to draft a "final offer" to be presented to PM Tsipras. Rejection could put Greece in default. Meanwhile, the Greeks said they offered "realistic proposals" that included "tough compromises," however European sources suggested Athens offered no new concessions on pension and labor issues. After the US open, the EU's Dijsselbloem said creditors were still far from a deal with Greece.
[12:21] {dino} taking lunch break
01[12:21] {@Threei}  me too... be back in an hour
01[13:09] {@Threei}  (US) EPA said to look at public health effects from carbon dioxide released from aircraft
01[13:09] {@Threei}  yeah... ban those
01[13:14] {@Threei}  FB lost ots mind
[13:27] {cosmo} they must mean carbon monoxide...
[13:27] {cosmo} they used too anyway...
01[13:27] {@Threei}  think they know what they mean?
[13:28] {cosmo} they used too
[13:28] {cosmo} those people are gone now
[14:02] {dino} zzzzzzzzzzzzzzzzzzzzzzz
[14:07] {dino} life spike, thin
[14:10] {dino} partial s .02
[14:10] {dino} wrld drop
[14:25] {dino} htz spike
[14:41] {dino} life, pita stock, cov .53, +.49
01[14:43] {@Threei}  nice
[14:44] {dino} only 100 sh, partial fill
[14:47] {nemo} loks like index bonce time
[14:48] {dino} back in 30 or so
01[14:48] {@Threei} Long Setup:  FB  .50 break
01[14:49] {@Threei}  o r .45 break short
[14:50] {nemo} SPY might have to get to vwap first
01[14:53] {@Threei}  meh
01[15:25] {@Threei}  up or down on last thrust?
01[15:25] {@Threei}  up, IMO
01[15:27] {@Threei} Long Setup:  IWM  .50 break
01[15:27] {@Threei}  If holds  .40
[15:28] {nemo} 124.60 is likely roof
[15:31] {dino} \sm s life .00
[15:32] {nemo} question is do people want to be long with Greece hannging in the balance?
01[15:34] {@Threei}  my answer is, people are confident they'll agree on something
01[15:35] {@Threei}  no one believes they played this charade for 6 years now on;y to let it all fall apart
[15:35] {nemo} then placed your bets
[15:35] {dino} don't think most people are worried about it
[15:36] {dino} retail investors don't
[15:36] {nemo} it would be the first brick in the euro wall to fall
[15:36] {nemo} who gives a fuck about retail...what would the big money think
[15:36] {nemo} ?
[15:36] {dino} spain is next
[15:36] {dino} rummblings already
[15:36] {nemo} Dead man walking
[15:37] {dino} yes
01[15:37] {@Threei}  while it all happens in negotiations realm, there won't be a collapse
01[15:37] {@Threei}  it will fall apart when masses stop negotiating and storm the buildings
01[15:38] {@Threei}  apparatchiks won't let it fall
01[15:38] {@Threei}  it's they very existence
01[15:38] {@Threei}  half out IWM
01[15:38] {@Threei}  stop .44
[15:39] {dino} sedg drop
[15:44] {dino} cov life ave .45, +.55
01[15:45] {@Threei}  wtg
01[15:45] {@Threei}  VXX trying
[15:45] {dino} ty
[15:45] {dino} that stock is wierd
01[15:48] {@Threei}  SPY just can't decided
01[15:48] {@Threei}  -d
01[15:54] {@Threei}  ok guys, thank you all
01[15:54] {@Threei}  have a good evening, see you tomorrow
[15:58] {dino} gn all

June 01 2015

Just slightly positive day, with a few scalps, a few stops and one larger trade. Choppy market in a narrow range


Session Time: Mon Jun 01 00:00:00 2015
[08:49] {dino} gm 3i
01[08:50] {@Threei}  sino :)
01[08:50] {@Threei}  d
[09:24] {Branm} GM
01[09:24] {@Threei}  branm :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -ONTY +25% (TheStreet.com's Feuerstein reviews ASCO presentations, makes positive comments about Oncothyreon's ONT-380 and ImmunoGen's IMGN853)
01[09:25] {@Threei}  -IMGN +25% (Price Target raised to $20 from $15 at Canaccord, reiterates Buy rating off positive ASCO data w/positive Feuerstein commentary)
01[09:25] {@Threei}  -ESI +17% (momentum
01[09:25] {@Threei}  -EXEL +11% (Announces Positive Results from Phase 2 Investigator-Sponsored Trial of Cabozantinib)
01[09:25] {@Threei}  -VBLT +9.3% (Reports Updated Interim Results From Phase 2 Clinical Trial of VB-111 in Recurrent Glioblastoma (rGBM))
01[09:25] {@Threei}  -CTIC +5.7% (Phase 3 Pacritinib Study Shows Significant Clinically Meaningful Results In Patients With Myelofibrosis In Late-Breaking Session At ASCO 2015)
01[09:25] {@Threei}  -KITE +5.2% (Cowen Research makes positive comments, reiterates Outperform rating)
01[09:25] {@Threei}  -JUNO +3.3% (Investigational CAR T Cell Candidate JCAR014 Demonstrates Encouraging Clinical Responses)
01[09:25] {@Threei}  -SINA _7% (CEO investment)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -CLVS -7.5% (Rociletinib lung cancer data were disappointing and investors focus more on that drug than its PARP inhibitor rucaparib in ovarian cancer)
01[09:25] {@Threei}  -CLDX -2.5% (profit taking from positive ASCO data from brain cancer drug)
01[09:31] {@Threei} Long Setup:  FB  .40 break
01[09:31] {@Threei}  If holds  .30
01[09:31] {@Threei}  change to .35 break
01[09:31] {@Threei}  If holds  .25
01[09:34] {@Threei}  1:1
[09:36] {dino} nemo, expe working that 105.80 gap
[09:36] {nemo} forgot about that
01[09:37] {@Threei} Long Setup:  IWM  .10 break
01[09:37] {@Threei}  If holds  124
01[09:38] {@Threei}  no go
01[09:40] {@Threei} Long Setup:  FB  79 break
01[09:40] {@Threei}  If holds  .90
01[09:42] {@Threei}  1:1
01[09:45] {@Threei}  *(US) MAY FINAL MARKIT MANUFACTURING PMI: 54.0 V 53.8E
01[09:50] {@Threei} Short Setup: MCD  .60 break
01[09:50] {@Threei}  fast...
01[09:50] {@Threei}  If holds  .70
01[09:51] {@Threei}  no go
[09:53] {dino} clvs sm l .39
[09:55] {dino} out clvs .49, +1.10
01[09:57] {@Threei}  wtg
[09:57] {dino} ty
01[09:58] {@Threei} Long Setup:  VXX  .95 break
01[09:58] {@Threei}  If holds  .90
01[10:00] {@Threei}  *(US) APR CONSTRUCTION SPENDING M/M: 2.2% V 0.7%E
01[10:00] {@Threei}  *(US) MAY ISM MANUFACTURING: 52.8 V 52.0E; PRICES PAID: 49.5 V 43.0E
[10:06] {dino} clvs sm l .50
01[10:07] {@Threei} Long Setup:  IWM  .70 break
01[10:07] {@Threei}  If holds  .60
01[10:09] {@Threei}  nah
01[10:11] {@Threei}  listless up and down
01[10:16] {@Threei}  VXX rinse
[10:16] {dino} out clvs .02 ave +.52
01[10:24] {@Threei} Long Setup:  VXX  19 break
[10:52] {dino} wrld drop
[10:57] {dino} wrld sm l .57
[11:03] {dino} boot spike
[11:18] {dino} out wrld .20, +63
[11:18] {dino} .63
[11:20] {dino} tanh spike
[11:25] {dino} boot sm s .89
[11:32] {dino} cat sm l .92
[11:35] {dino} boot stuck, bs to .79
[11:37] {dino} cov/stop .80 ave +.09
01[11:37] {@Threei}  covered commissions? :)
[11:38] {dino} cat to b/e
[11:41] {dino} yes by $12. lol
01[11:42] {@Threei}  :)
[11:45] {dino} cat to .10
[11:48] {dino} out cat .10, +.18
[12:04] {dino} wow boot
01[12:04] {@Threei}  After a choppy morning, US stocks are flat and the 10-year yield is up four basis points to 2.16%. The economic data has been a mixed bag, and spurious Greece rumors have once again taken traders on a bit of a wild goose chase
01[12:05] {@Threei}  Another weekend has passed and Greece is still not saved. There were reports that the IMF told Greece it could bundle the €1.6 billion in payments it owes in June into one lump sum, pushing the hard deadline for a potential default to the end of June. The payments are currently spread across four instalments, with the first €300 million due this Friday. That buys Greece some time, but doesn't make the actual payments any easier.
01[13:06] {@Threei} Short Setup: FB  80 break
01[13:06] {@Threei}  If holds  .10
01[13:14] {@Threei}  1:1
01[13:40] {@Threei} Long Setup:  FB  .10 break
01[13:40] {@Threei}  .c 80
01[13:40] {@Threei}  If holds  80
01[13:44] {@Threei}  1:1
01[14:03] {@Threei}  1:2
01[14:18] {@Threei} Long Setup:  TWTR  .80 break
01[14:18] {@Threei}  If holds  .70
01[14:34] {@Threei}  stop ti .74
01[15:00] {@Threei} Long Setup:  JPM  .35 break
01[15:00] {@Threei}  If holds  .25
01[15:02] {@Threei}  meh TWTR
01[15:22] {@Threei}  no go
01[15:24] {@Threei}  do we get selloff into eod?
01[15:24] {@Threei}  tempted to try VXX on .75 break
01[15:26] {@Threei}  If holds  .68
[15:32] {dino} kicking myself for blowing off that wrld drop to 78
01[15:33] {@Threei}  yeah
01[15:41] {@Threei}  I want panic
01[15:41] {@Threei}  can I have about 1 lb panic, sliced thinly?
01[15:44] {@Threei}  better
01[15:45] {@Threei}  betterer
01[15:53] {@Threei}  ok, out with a scalp
01[15:54] {@Threei}  thank you, have a good evening
01[15:54] {@Threei}  see you tomorrow
[15:58] {dino} gn

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: May M&A headlines an eventful close to the month
Fri, 29 May 2015 16:16 PM EST

May ended with a shortened yet lively week of trading. Many global markets were closed on Monday for holidays, including Memorial Day in the US, and on Tuesday US markets saw a very broad-based selloff. US equities bounced back midweek, but saw another dip on Friday. Traders saw several notable M&A announcments lead to ever more rumors of consolidation to position around as the week progressed. Chinese equities stumbled hard for a second time this month as the Shanghai Composite declined 6.5% on Thursday from a seven-year high the day before on concerns over tight liquidity and stricter margin requirements. In Europe, Greece's position became even more tenuous as deposit outflows accelerated. Despite Greek officials' declarations that an accord is near, any comprehensive deal still feels a ways away as a June IMF payment deadline approaches. The April Eurozone M3 money supply data provided more tantalizing evidence the ECB's QE program is starting to work as intended: the three-month average growth in M3 money accelerated to its fastest pace since 2009, building on the similarly good results seen in the March reading. Japan was an outlier: the Nikkei extended its winning streak to eleven consecutive sessions, its longest streak since 1988 while the Yen declined to a 12 year low against the Dollar. The US Treasury market easily digested coupon, bill and floating rate note supply to see the benchmak10-year yield decline by 10 basis points. For the week, the DJIA -1.2%, the S&P500 -0.9% and the Nasdaq -0.4%.

As expected Q1 US GDP turned negative in the second reading, dropping to -0.7% from the +0.2% advance report. The contraction was slightly less than expected. Personal consumption was revised slightly lower with the decrease primarily reflecting negative contributions from exports, nonresidential fixed investment, and state and local government spending. The advance April durable goods report was slightly stronger: the -0.5% decline in the headline figure was mainly due to the volatile civilian aircraft sector while excluding transportation durables the data topped estimates at +0.5%. The March data were revised higher for the second time. The May Chicago PMI dipped below 50 again to its lowest reading since Feb and the other regional manufacturing readings suggest next week's May ISM could be soft as well. On a positive note Pending home sales jumped to the best reading in 9-years, suggesting the late spring housing pick-up has legs.

The euro has given up recent gains over the last two weeks as bond markets have stabilized and European money supply and the preliminary May CPI data suggest the ECB's QE program is starting to banish disinflation. The big speeches by Fed Chair Yellen and ECB's Coeure last week accelerated euro losses. EUR/USD has fallen six big figures over the last two weeks, dropping from 1.145 to test below 1.0820 on Wednesday. USD/JPY has broken out over the last two weeks from the 120 area to test 124.50 on Thursday (13-year high) while the dramatic weakening of the yen has juiced the Nikkei. Sterling has given up all of its post-election gains, while the GBP/USD declined for six consecutive days, its worst run in eight months, dropping as low as 1.5240 from 1.5500 on Monday.

A Greek default is looking more and more possible after another week without a deal between Athens and its creditors. Greece faces a €300M payment to the IMF next week on Friday, June 5th. IMF Chief Lagarde began saying a Greek exit from the Eurozone would be possible and would not destroy the euro, while European officials said there would be no aid disbursement without a deal by June 5th and furthermore that remaining aid funds would expire with the program at the end of June. The ECB left Greece's ELA limit unchanged at its current level of €80.2 billion for the first time since February. This all follows reports over recent days of a significant increase in deposit outflows from Greek banks over fears of capital controls, as well as talk that ECB officials are getting uncomfortable with the bank's exposure to Greece.

For much of the week crude prices continued to retrace gains made since mid-March. An OPEC report out earlier this week (5/28) suggested that oil supplies would keep growing through 2017, with the North America oil production boom resilient despite low prices. Friday saw a dramatic reversal, sending prices higher by nearly 5%. With the OPEC set to meet next week in Vienna and pre-meetings scheduled with Russia, traders appear to have been squaring some positons. There were also reports of more ISIS wins in Libya and other parts of the Middle East. Finally, note that the EIA inventory data saw its fourth straight week of drawdowns accompanied by signs demand is ramping up. WTI crude dipped below $56.50 on Wednesday, a five-week low before ending the week back above $60.00.

In earnings, Tiffany surged more than 10% after widely beating revenue and earnings expectations, even as earnings and revenue were lower on a y/y basis, and global comps fell 1%. Michael Kors lost 25% on very weak guidance for its first quarter and full year. Comps were down 1.7%. Kors had plenty of positive comments about its future expansion, but investors were not impressed. Costco's third-quarter results were more or less in line. Abercrombie had weak overall numbers, but sales comp losses appeared to bottom out and shares saw decent gains on the week.

Charter Communications reached a deal to buy Time Warner Cable for $55 billion. Including debt, the deal is valued at about $79 billion. Charter will pay $195.71 per share in the cash-and-stock deal - $100 of it in cash with the rest in Charter shares. Broadcom agreed to be acquired by Avago Technologies for $37 billion in cash and stock. The deal set off more takeover chatter in Altera, with the New York Post reporting that Intel is close to acquiring Altera in a $15 billion deal priced as high as $54/shr. Recall that the standstill agreement between Altera and Intel gives Intel the option to launch a hostile bid after June 1st.

Shanghai Composite turned increasingly more volatile late in the week, falling 6.5% on Thursday and trading down another 4% in the opening hour on Friday. The losses erased three strong consecutive gaining sessions and sent the mainland index lower by 1% for the week - its first down week in the last 3. Worries about a margin-fuelled equity bubble sparked the broad selloff with several brokers moving to tighten their margin requirements in response to the unprecedented inflows in leveraged funds from retail investors. On Friday the party's mouthpiece People's Daily elevated its alert level over the overdevelopment of financial sector, while the PBoC warned about the potential risks associated with stock margin trading and also selectively used repos to drain liquidity for the first time since late 2014.

Japan's Nikkei225 bucked global trends, rising 1.5% for the week to test 15-year highs above 20,600. Multi-year lows in the Japanese yen helped exporters, just as economic data late in the week solidified expectations for the BOJ to at least maintain its easy stance over the medium term, if not add further stimulus. National CPI figures came in near 2-year lows, with the impact of April 2014 consumption tax hike rolling off on annualized basis. Even more telling was the surprise decline in consumption against expectations of its first rebound in over a year, particularly given the more upbeat assessment on spending in the latest BOJ statement. On the bright side, Japan's unemployment fell to a new 18-year low while job-to-applicant ratio hit a 23-year high. Japan cabinet officials are hopeful that the tight labor market will lead to greater bargaining powers for workers, spurring wage inflation and boosting spending in the 2nd half of the year.

May 29 2015

Very good day with one winning trade after another, most of them are juicy 1:3 and 1:2. Merely one stop that hasn't even make a dent. Not too shabby for a boring Friday trading day.


Session Time: Fri May 29 00:00:00 2015

[09:03] {dino} gm
01[09:04] {@Threei}  dino :)
[09:18] {Branm} gm
01[09:19] {@Threei}  branm :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -TBIO +45% (launched EGFR CLIA test ahead of ASCO meeting)
01[09:30] {@Threei}  -HRTX +32% (announced positive results from Phase 3 MAGIC study of SUSTOL)
01[09:30] {@Threei}  -PBMD +14% (announces new IP for its lead IMP321 development program)
01[09:30] {@Threei}  -GME +7.5% (earnings)
01[09:30] {@Threei}  -ALTR +5.7% (said to be close to a deal to acquire Altera for $15B)
01[09:30] {@Threei}  -BOOT +5.5% (earnings)
01[09:30] {@Threei}  -ULTA +2.3% (earnings)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -PSUN -11% (earnings)
01[09:30] {@Threei}  -VEEV -7% (earnings)
01[09:30] {@Threei}  -FRO -4% (earnings)
01[09:30] {@Threei}  -GCO -4% (earnings)
01[09:30] {@Threei}  -SPLK -2.3% (earnings)
01[09:31] {@Threei} Long Setup:  FB  80 break
01[09:31] {@Threei}  If holds  .90
01[09:31] {@Threei}  two-sided
01[09:33] {@Threei}  half out
01[09:34] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:35] {dino} tbio s .34
01[09:35] {@Threei}  1:3
01[09:35] {@Threei}  out
01[09:44] {@Threei} Long Setup:  AIG  .20 break
01[09:44] {@Threei}  If holds  .10
01[09:45] {@Threei}  *(US) MAY CHICAGO PURCHASING MANAGER: 46.2 V 53.0E
01[09:46] {@Threei}  wow, subindices look horrible
01[09:46] {@Threei}  Sub-indices (vs prior month revisions):- Prices Paid: 51.2 v 43.1 prior- New Orders: 47.5 v 55.1prior- Employment: 48.0 v 54.0 prior- Inventories: 53.3 v 54.2 prior- Supplier Deliveries: 49.5 v 51.9 prior - Production: 45.8 v 52.7 prior - Order backlogs: 47.3 v 48.5 prior
01[09:46] {@Threei}  (US) Preview: May Final University of Michigan Confidence Index due out at 10:00ET (14:00GMT)- Consensus expectations: 53.0e v 52.3 prior
01[09:48] {@Threei}  Invalidated  AIG
[09:49] {dino} hrtx sm s .19
01[09:49] {@Threei} Short Setup: TWTR  .70 break
01[09:49] {@Threei}  If holds  .80
[09:54] {dino} cov hrtx .76,+.43
[09:56] {dino} tso spike
[09:56] {dino} lly spike
01[10:00] {@Threei}  *(US) MAY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 90.7 V 89.5E
[10:01] {dino} lly sm s .12
[10:02] {nemo} why is it up?
01[10:02] {@Threei}  LLY Seeing call activity3600 Jun 80 calls trading at $0.38
[10:03] {dino} partnership w/?
[10:07] {dino} lly stop .45 -.33
[10:13] {dino} lly sm s .35
[10:17] {dino} cov lly .00 +.35
[10:18] {dino} cov tbio .12, +.22
01[10:19] {@Threei}  half out TTR
01[10:20] {@Threei}  takes incredibly long time
[10:22] {Branm} nice Fb trade i was so excited then i realizized i was on my demo account
[10:22] {dino} lol
[10:24] {dino} psix spike, hooker
01[10:24] {@Threei}  :)
[10:28] {dino} hrtx new hod
[10:29] {dino} partial, s psix .26
[10:32] {dino} hrtx sm s break .00
[10:33] {dino} giddy-up
[10:36] {nemo} dino, what stock was I watching yesterday that had that gap below?
[10:37] {dino} hrtx stop .35 -.36
[10:37] {dino} expe
[10:37] {nemo} ty
[10:37] {dino} np
[10:38] {nemo} wished I asked u two minutes agao perfect setup below ..70
01[10:51] {@Threei}  VXX... too bad I disregared setup at .05
[10:57] {dino} reshort hrtx .25
[10:59] {dino} cov hrtx .95, +.30
[11:04] {dino} hrtx trades in dimes
01[11:15] {@Threei} Short Setup: MCD  .25 break
01[11:16] {@Threei}  If holds  .35
[11:22] {Branm} come on MCD move
[11:24] {dino} branm, we usually say "die"
[11:24] {Branm} Die Die lol
06[11:24] * @Threei hits MCD over the head with 2x4
01[11:24] {@Threei}  1:1
01[11:24] {@Threei}  violence works
[11:25] {dino} nice branm, nice
[11:27] {Branm} I am out nice call
[11:27] {dino} gj
[11:28] {dbdb} anyone know where to get a listof Russell 2000 adds and deletes?
[11:28] {dino} diiieeee psix diiieeee
[11:29] {dino} google it db
01[11:29] {@Threei}  1:2
[11:29] {dino} gj
01[11:30] {@Threei}  see Branm? violence and good word work much better than a good word alone {G}
01[11:31] {@Threei}  dbdb, see private message
01[11:34] {@Threei} Long Setup:  IWM  .50 break
01[11:34] {@Threei}  If holds  .40
[11:38] {dino} guys will luv me today on the golf course. beef and bean burritos
01[11:38] {@Threei}  you spoil them
[11:39] {dino} ya think, lol
[11:39] {nemo} dino....look at expe now
[11:39] {dino} like it, gap was 106 right?
01[11:39] {@Threei}  you sure you don't play golf with 6 ft 4D blond females?
[11:40] {nemo} yeah, we talked about it...one day ahead and forgot
01[11:40] {@Threei}  1:1
[11:40] {dino} 105.80s looks like
[11:40] {nemo} toat's gap close
[11:40] {dbdb} threei where is the pm?
01[11:41] {@Threei}  see in the upper bar, next to #discussions
01[11:41] {@Threei}  there will be a tab with my nick
01[11:41] {@Threei}  or just doubleclick on my nick to have a window pop-up
01[11:42] {@Threei}  1:2  IWM
01[11:43] {@Threei}  for a boring Friday, nicely profitable day
[11:43] {dino} hrtx sm s .50 stop hod
01[11:43] {@Threei}  1:3
01[11:44] {@Threei}  over and out
[11:44] {dino} gj
01[11:44] {@Threei}  ty
01[11:46] {@Threei}  1:4, for more patient types
01[11:48] {@Threei}  1:5, for superpatient
01[11:49] {@Threei}  1:6, for those who fainted and just now came out of it to count their profits
01[11:50] {@Threei}  As expected, Q1 US GDP turned negative in the second reading, dropping to -0.7% from the +0.2% advance report. The contraction was slight less than expected. Personal consumption was revised slightly lower. The decrease primarily reflected negative contributions from exports, nonresidential fixed investment, and state and local government spending
01[11:50] {@Threei}  WTI crude move back up toward $60 after midweek softness as OPEC started talking ahead of its meeting in Vienna next week. The Russians will be meeting with OPEC figures ahead of the conference, however today Russia Energy Minister Novak confirmed that Russia and OPEC would not agree to specific crude production levels at the confab.
01[12:14] {@Threei}  Bran, what platform you run demo with?
01[12:15] {@Threei} Long Setup:  FB  .30 break
01[12:15] {@Threei}  If holds  .20
01[12:26] {@Threei}  1:1
01[12:29] {@Threei}  nemo, you here?
01[12:31] {@Threei}  1:2
[12:55] {nemo} hello
[12:58] {dino} added hrtx puts
01[12:58] {@Threei}  just wanted to ask you whether I deserve a medal today
[12:58] {nemo} why?
01[12:58] {@Threei}  sigh... never mind
[12:59] {nemo} VXX should be late day play
[13:10] {dino} hum spike
[13:10] {dino} ci spike
[13:14] {dino} ci smr s .86
[13:15] {dino} cov 138.49, +1.37
[13:17] {dino} hum again
[13:19] {dino} hum up for sale
[13:19] {dino} antm spike
[13:33] {nemo} was gonna call IWM short, thought it was a bit early
[13:34] {nemo} VXX should be getting ready but might be a bit early
[13:35] {dino} cnc spike
[13:43] {drewj} Vad is it true that when price moves are more orderly that more people will participate because it's more obvious what's going on?
01[13:44] {@Threei}  not at all, but the opposite is true
[13:44] {drewj} how so?
01[13:44] {@Threei}  when more people take part, price moves in a more readable manner
[13:44] {dino} calling it a week, take care all
01[13:44] {@Threei}  think of it this way:
01[13:44] {@Threei}  take care dino, see you monday
01[13:45] {@Threei}  people will participate for all sorts of reason, and many of those reasons have zero to do with common sense, correct market reading or anything remotely sane
01[13:46] {@Threei}  naighbor shared a hot tip... dentist said ABCD news is huge... taxi driver said his father-in-law knows someone at XYZ
01[13:46] {@Threei}  many of them never saw a chart
01[13:46] {@Threei}  let alone understand how to read it
01[13:47] {@Threei}  but when there are enough of them, they form what you want:
01[13:47] {@Threei}  a crowd
01[13:47] {@Threei}  a crowd acts in a readable and predictable manner
01[13:47] {@Threei}  and serves as a feeding ground for smart money
01[13:47] {@Threei}  what you get is both sides of the market then
01[13:48] {@Threei}  and our entire way of reading is based on just that: eternal smart money vs crowd battle
01[13:48] {@Threei}  makes sense?
[13:48] {drewj} Still processing...
01[13:48] {@Threei}  O'll wait :)
01[13:48] {@Threei}  I
[13:49] {drewj} So what causes the orderly price movement then?
01[13:50] {@Threei}  broad participation
[13:51] {drewj} So I'm really after braod participation then?
01[13:51] {@Threei}  no, you are after readable movement
01[13:51] {@Threei}  why do you need a secondary sign if you have a primary
[13:52] {drewj} I guess I'm trying to distiguish between the two
01[13:53] {@Threei}  you can't, one is a cause, another is an oucome
[13:53] {drewj} So cause is broad participation and outcome is orderly movement?
01[13:53] {@Threei}  right
[13:54] {drewj} ty
[14:00] {drewj} I guess I thought that organized movement was caused by traders who understand what's going on
01[14:01] {@Threei}  but they need the other side
01[14:01] {@Threei}  if all you have are traders that understand, who they are going to make money of?
[14:08] {drewj} I know the answer to that but I'm still working on the relationship between organized movement and particpation.
01[14:09] {@Threei}  I am not sure what need you see in digging into that
01[14:10] {@Threei}  it's a kind of common sense: when we have good volume, we have much more readable movements
01[14:10] {@Threei}  good volume means broader participation
[14:13] {drewj} ok...
[14:35] {drewj} Vad is it more accurate then to say that increased volume at particular price levels is more easy to read?
[14:35] {nemo} no, it's the volume pattern at various levels
[14:35] {drewj} how so?
[14:36] {nemo} if you look at the daily volume levels on the SPY of the last few months,  you will notice the down days are showing more volume than the up days
01[14:36] {@Threei}  no, that's a convoluted way to put it and is not accurate
[14:36] {drewj} ?
01[14:36] {@Threei}  volume changes as pricer changes, and they together form a pattern
[14:36] {nemo} in a true bull market volume will be greater on up days than down days
01[14:36] {@Threei}  as nemore says
01[14:36] {@Threei}  nemo
[14:36] {nemo} rythms of the market
01[14:37] {@Threei}  how you interpret those changes is up for discussion,
[14:37] {nemo} currently we're seeing what is more indicative of distribution
[14:37] {nemo} new highs are grinds, drops are high volume without any effort
01[14:37] {@Threei}  but to say that volume at $20 is more readable than at 20.15 is a very weird way to look at it
[14:42] {nemo} mon could drop a long way if the trap door lets go
[14:45] {drewj} ok one more try here...
[14:46] {nemo} don't jump
[14:46] {drewj} so does good volume reduce the randomness of price movement?
[14:46] {nemo} no...context does
[14:46] {drewj} damn
[14:46] {drewj} :)
[14:46] {nemo} if you're hunting in a shitty environment, you're fucked
[14:47] {drewj} I'm going to put that on my monitor...
[14:47] {drewj} that's what I've been trying to ask...
[14:47] {nemo} trading is hunting...how's the weather, how's the wind, where's the food, where are the bedding areas...what was the weather, what is the weather going to be soon
[14:48] {drewj} why does it work sometime and not others...because I'm hunting in a shitty environment sometimes and other times the environment is good
01[14:48] {@Threei}  {drewj} so does good volume reduce the randomness of price movement? {--- as one of components of that, yes, is what nemo is trying to say
[14:48] {drewj} I need to know the difference between the environments...
[14:49] {drewj} Thanks nemo
01[14:49] {@Threei}  you sound like you are trying to figure out some absolutes
[14:49] {nemo} but you have to have a feel for other dynamics...right now Greece is a trip wire, you're going into the weekend...If your stock is down alot, more than likely the shorts are gonna get flat, if the stock is up alot, the longs are gonna get flat....people are ging to buy protection...remember when I said earlier, VXX is probably a good long play this afternoon....look
01[14:49] {@Threei}  kind of: "of you understand this and that, I'll be able to get rid of losing trades"
01[14:50] {@Threei}  ummm... "of you" = if I
[14:51] {drewj} Nemo's right though...that's what I was trying to ask
01[14:51] {@Threei}  (how many errors can one make i n two words, longest of which is two letters)
[14:51] {nemo} Minus the bullets, this is warfare
01[14:59] {@Threei}  watching IWM for pullback under 124
01[14:59] {@Threei}  and buy on recross
01[15:12] {@Threei}  got away
01[15:17] {@Threei} Long Setup:  IWM  .10 break
01[15:17] {@Threei}  If holds  124
01[15:27] {@Threei}  1:1
[15:30] {drewj} Have a good weekend guys...thanks nemo
01[15:39] {@Threei}  OK guys, great day to finish the week
01[15:39] {@Threei}  have a good weekend, see you Monday

May 28 2015

Slightly positive day, most trades were merely scalps. Low volume trading


Session Time: Thu May 28 00:00:00 2015
[08:51] {dino} gm 3i
01[08:51] {@Threei}  dino :)
01[09:23] {@Threei}  - ECB's Nowotny reiterated view that ECB was a rule-based institution and had no no flexibility to provide interim support for Greece
01[09:32] {@Threei} Long Setup:  FCX  20 break
01[09:35] {@Threei}  If holds  .90
01[09:38] {@Threei} Short Setup: FB  .80 break
01[09:39] {@Threei}  If holds  .90
01[09:40] {@Threei}  1:1
01[09:40] {@Threei}  1:2
[09:43] {dino} amag sm l .65 gappy
[09:43] {nemo} new girlfriend?
[09:44] {dino} lol
[09:45] {dino} out amag .15, +.50
[09:45] {dino} good girl
[09:45] {nemo} no such thing
01[09:45] {@Threei}  :)
01[09:46] {@Threei}  FB again
01[09:46] {@Threei}  same setup
01[09:46] {@Threei}  two-sided this time
01[09:46] {@Threei}  .80 short or .90 long
01[09:47] {@Threei}  long is more likely
01[09:48] {@Threei}  .80 rejects hard
01[09:49] {@Threei}  hectic
[09:51] {dino} avgo smr s .82
[09:51] {dino} cov .20, +.62
01[09:54] {@Threei}  wtg
01[09:54] {@Threei} Long Setup:  MCD  98 break
01[09:55] {@Threei}  If holds  .90
01[09:56] {@Threei}  Invalidated
[09:56] {nemo} shit thought you meant short...I took it that way
[09:57] {nemo} stop to .l93
[09:57] {nemo} .93
01[09:58] {@Threei} Long Setup:  MCD  .80 break
01[09:58] {@Threei}  If holds  .70
01[09:59] {@Threei}  that's interesting... how do you take word "long" for "short" and green color for red, unless you start drinking at 6 am
[09:59] {nemo} you know me so well
[09:59] {nemo} setup looked short to me
[09:59] {dino} greens and reds mess me up
01[10:00] {@Threei}  most setups can be taken either way depending on which side triggers first
[10:00] {nemo} they're both usually amphetamines
01[10:00] {@Threei}  *(US) APR PENDING HOME SALES M/M: 3.4% V 0.9%E; Y/Y: 13.4% V 10.9%E
[10:00] {nemo} you running for office Vad?
[10:00] {cosmo} instinct is key
[10:00] {nemo} funny...I think it's lack of sobriety
[10:01] {nemo} stop to .83
[10:01] {nemo} algo opening very red
01[10:01] {@Threei}  CAT should be ready soon
[10:02] {nemo} already @S3
01[10:02] {@Threei} Long Setup:  CAT  .35 break
01[10:02] {@Threei}  If holds  .25
[10:02] {nemo} little late
[10:03] {dino} in .39
01[10:03] {@Threei}  1:1
01[10:03] {@Threei}  here is an idea: keep your order ready for pullback instead of typing how late you are {G}
[10:04] {nemo} that means I have to put the shot glass down
01[10:05] {@Threei}  not necessary
01[10:05] {@Threei}  beer hat will solve all your problems
[10:05] {nemo} IV?
[10:05] {cosmo} it might be good for initiating instinct, neo
[10:05] {nemo} pxd
[10:05] {cosmo} nemo i mean
[10:05] {nemo} yeah, wtf...this isn't the Matrix
01[10:05] {@Threei}  https://atimetocastawaystones.files.wordpress.com/2011/09/beer-hat-beer-helmet-pic-8.jpg
[10:05] {nemo} I took the other pill
[10:06] {cosmo} :)
[10:06] {cosmo} i took a white one
[10:06] {nemo} aspirin doesn't count
01[10:06] {@Threei}  lol
[10:06] {cosmo} its good for pain
[10:06] {nemo} vodka
[10:07] {cosmo} liquid asprin
[10:07] {nemo} EXPE dino
[10:08] {dino} on it
[10:09] {nemo} market goes south, that has a gap to fill
[10:09] {nemo} weak stocks:  rcl pxd mmm
[10:09] {nemo} joy
[10:09] {nemo} fslr
[10:09] {nemo} expe
[10:09] {nemo} apa
[10:09] {nemo} nov
[10:09] {nemo} alxn
[10:09] {nemo} slb
[10:10] {nemo} strong:  twtr vfc
01[10:10] {@Threei}  1:1  MCD
[10:12] {cosmo} IWM needs to hold 123.8  imo
[10:12] {nemo} that's the 34 ema
01[10:12] {@Threei} Long Setup:  AIG  .90 break
01[10:12] {@Threei}  If holds  .80
[10:17] {dino} cat stopped -.26
01[10:19] {@Threei}  1:1
[10:21] {dino} cat whippy
[10:21] {dino} rinsed
01[10:28] {@Threei} Long Setup:  FB  .50 break
01[10:28] {@Threei}  If holds  .40
01[10:30] {@Threei}  no go
01[10:31] {@Threei}  crap, greeks fault
01[10:31] {@Threei}  (GR) IMF comments on Greece; expecting Greece authorities to make their payments to the IMF
01[10:34] {@Threei} Long Setup:  VXX  .10 break
01[10:34] {@Threei}  If holds  19
01[10:39] {@Threei}  stop to .04
01[10:42] {@Threei} Short Setup: FB  .35 break
01[10:42] {@Threei}  If holds  .45
01[10:48] {@Threei}  nah
01[10:49] {@Threei}  breakdown didn't happen
[10:59] {nemo} aapl looks sick
[11:07] {nemo} think I'll watch a movie
01[11:08] {@Threei} Long Setup:  CAT  .30 break
01[11:08] {@Threei}  If holds  .20
[11:08] {nemo} ballsy, can't get above vwap
01[11:09] {@Threei}  Invalidated
[11:11] {dino} adding cat calls
[11:11] {dino} adding uri calls
01[11:13] {@Threei}  Putin says FIFA arrests shows US meddling abroad
01[11:14] {@Threei}  of course... he bought that 2018 world championate, and now is told it was illegal
[11:14] {dino} lol, how about putin getting 8 goals in the pro hockey game last week? who does he think he is, kim of n korea
01[11:16] {@Threei}  goalie fainted when saw him with pack
01[11:16] {@Threei}  it's let the pack through or go to Siberia
[11:16] {dino} who really believes this junk?
01[11:16] {@Threei}  you wouldn't believe how many...
01[11:16] {@Threei}  I hardly believe myself
01[11:17] {@Threei}  for a while I thought it was Stalinist times 2
01[11:17] {@Threei}  now I see it's worse
[11:17] {dino} looking more like facism
01[11:17] {@Threei}  in first version, people knew and understood what happened, and went along simply because alternative was deasth
01[11:18] {@Threei}  now, a lot of them really believe
01[11:18] {@Threei}  maybe much more powerful technologies of brainwashing help, maybe something elsde, don't know
01[11:35] {@Threei}  in case anyone needs a refresher on various methods of order execution in Logix, https://www.youtube.com/watch?t=15&v=37EmvghEUs8
01[11:41] {@Threei}  drew, missed link to logix order routing?
[11:41] {drewj} yes...internet problems
01[11:42] {@Threei}  https://www.youtube.com/watch?t=15&v=37EmvghEUs8
[11:42] {drewj} ty
01[12:03] {@Threei} Short Setup: CAT  86 break
01[12:03] {@Threei}  If holds  .10
01[12:09] {@Threei}  1:1
[13:37] {nemo} Vad?
[13:37] {nemo} Vad?
[13:38] {nemo} ad?
[13:38] {nemo} Vad?
[13:38] {dino} lol
[13:38] {nemo} should I sober up?
01[13:38] {@Threei}  ??
01[13:38] {@Threei}  why would you do that?
[13:39] {nemo} I have to drive in a couple of hours
01[13:39] {@Threei}  so?
[13:39] {dino} take one for the ditch
[13:39] {nemo} I'm going through 2 liters of vodka a week
[13:40] {nemo} I have to get a wand scan at the airport because my liver won't get through a metal detector
01[13:44] {@Threei} Long Setup:  CAT  86 break
01[13:44] {@Threei}  If holds  .90
[13:49] {nemo} I get so bored...should have been watching expe all day
[13:50] {dino} bored here too
[13:50] {nemo} shouldn't you be pumping Iron about now
01[13:50] {@Threei}  I feel guilty
[13:51] {nemo} comes with being Jewish
01[13:51] {@Threei}  then again, if I tried to dance to entertain you, I'd have even more reason to feel guilty
[13:51] {dino} should, but i'm tired
[13:51] {nemo} would wolverine bitch about being tired?
[13:51] {nemo} how about Ahnold?
[13:51] {nemo} get off ur ass
[13:51] {dino} no?
[13:52] {nemo} you can rest when ur dead
01[13:52] {@Threei}  https://www.youtube.com/watch?v=xR_CRgW4Gs8
[13:52] {nemo} EXPE below 109 could be intersting
[13:52] {nemo} especially if market comes in
[13:53] {nemo} oh yeah, oldie but goodie
[13:53] {nemo} tight stop above .05
[13:54] {nemo} gap ahoy!
[13:54] {dino} pretty big gap 106 area
[13:55] {nemo} ur kinda' girl
[13:55] {dino} 106 lbs
[13:55] {nemo} doesn't need a life preserver
[13:55] {nemo} and no gag reflex
[13:57] {nemo} arguably .20 is also a resistance level
[13:59] {nemo} aapl looking short
[13:59] {dino} flat lining too me
[14:00] {dino} to
[14:00] {nemo} yeah, but time is coming
[14:00] {dino} no spikes, no capits......c'mon
[14:01] {nemo} methinks you'll have to change ur style for the summer...or go teach golf
[14:01] {dino} hope you're wrong
[14:01] {nemo} without a crisis, gonna' be very dead this Summer
01[14:02] {@Threei}  I disagree
[14:03] {nemo} whatever
01[14:03] {@Threei}  there always will be individual stocks with news
[14:03] {nemo} just looking at volume
[14:03] {nemo} 50 mil today, shit lowest last August was 48 mil
01[14:03] {@Threei}  dino's style is uniquely positioned in this regard, with as little connection to general market as it gets
01[14:04] {@Threei}  you maye have no volume in the market, yet a given stock with news will see action
[14:04] {nemo} Dino is unhinged from reality...good on ya'!
[14:04] {dino} i have to agree w/vad. always spikes/capits going on
[14:04] {nemo} really?  how's today been?
[14:04] {dino} reality is real nemo, not sure i want to be there
[14:04] {nemo} sucks dude
[14:05] {nemo} when you start dealing with other dimensions, gets real complicated
[14:05] {dino} today, as spock would say, the days' not over yet
[14:05] {nemo} which doesn't answer the concrete question I posed
[14:06] {dino} ?
[14:06] {nemo} who do you think ur talking to....Les?
[14:06] {dino} lol, that bring back memories
[14:06] {nemo} [14:05] {nemo} really?  how's today been?
[14:06] {dino} day is not over yet
[14:06] {dino} busy morning
[14:07] {dino} amag, avgo were nice
[14:08] {nemo} hard stop in expe above .06
01[14:13] {@Threei}  (EU) Spokesperson for IMF's Lagarde rebuts earlier Germany press attribution of her comments about the possibility of Greece's exit from the EMU - Reminder: Earlier (GR) IMF Lagarde said to feel that a Greece exit from the EMU may be a possibility as the talks have not led to substantial results
[14:14] {dino} lol, they talk both sides daily
[14:14] {dino} been going on for 3 years now
[14:15] {dino} greece leaves once they stop loaning it money for the payment due
[14:16] {dino} frgi spike
01[14:17] {@Threei} Long Setup:  VXX  19 break
01[14:18] {@Threei}  If holds  .95
[14:22] {dino} 07 green
[14:26] {dino} frgi s .16
[14:28] {dino} cov .01, +.15
01[14:28] {@Threei} Long Setup:  IWM  .45 break
01[14:28] {@Threei}  If holds  .35
[14:30] {dino} dwti drop
[14:34] {dino} gme spike
[14:34] {dino} syt spike
[14:36] {dino} gme sm s .96
[14:45] {dino} cov .95, out of time. back in 30 or so
01[15:03] {@Threei}  let's go IWM
01[15:03] {@Threei}  it's time
01[15:13] {@Threei}  US) Fed's Kocherlakota (non-voter, dove): Raising interest rates this year is not consistent with the Fed's mandate - would require 3 more years of job gains similar to that seen in 2014 for full employment to be reached; at full employment, the rate would likely not be below 5%
01[15:17] {@Threei} Long Setup:  TWTR  .90 breask
[15:26] {dino} miss much?
01[15:26] {@Threei}  nah
[15:27] {dino} clls spike
01[15:27] {@Threei}  LLS Said to be in talks to sell the company - financial press- Holder Pfizer (~10% holder) speculated as a suitor -
01[15:27] {@Threei}  CLLS
[15:44] {dino} gotta hop, gn all
01[15:45] {@Threei}  1:1  IWM
01[15:45] {@Threei}  finally
01[15:54] {@Threei}  OK, closing UWM
01[15:54] {@Threei}  I
01[15:54] {@Threei}  thank guys, have a good evening, see you tomorrow

May 27 2015

Back to winning streak with nice trading session, 1:2 to 1:4, some scalps, some small stops. Business as usual

Session Time: Wed May 27 00:00:00 2015
[09:10] {drewj} gm
[09:10] {dino} gm
[09:10] {nemo} yes, I have vodka
01[09:13] {@Threei}  dino, nemo :)
01[09:13] {@Threei}  drew :)
[09:21] {Branm} goodmorning
01[09:21] {@Threei}  branm :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -EOX +66% (no longer going public with IPO)
01[09:27] {@Threei}  -GBSN +32% (positive broker commentary)
01[09:27] {@Threei}  -MERU +26% (being acquired by Fortinet at $1.63/shr)
01[09:27] {@Threei}  -FPRX +17% (entered into licensing agreement with BLUE for novel antibodies to develop chimeric antigen receptor T Cell therapy)
01[09:27] {@Threei}  -CLLS +9% (momentum from FPRX deal with BLUE)
01[09:27] {@Threei}  -TIF +6.8% (earnings)
01[09:27] {@Threei}  -PLUG +5.4% (announced MSA for GenKey hydrogen fuel cell solution)
01[09:27] {@Threei}  -TIVO +4.3% (earnings)
01[09:27] {@Threei}  -ZGNX +4.3% (new efficacy data from long-term Fenfluramine data for treating Dravet Syndrome)
01[09:27] {@Threei}  -DSW +4.2% (earnings)
01[09:27] {@Threei}  -HRL +4.2% (acquiring Applegate Farms for $775M)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -KORS -17% (earnings & guidance)
01[09:28] {@Threei}  -ICAD -15% (withdraws FY15 guidance due to uncertainty related to reimbursement for non-melanoma skin cancer in the US)
01[09:28] {@Threei}  -WDAY -9.5% (earnings)
01[09:28] {@Threei}  -VNET -7.3% (earnings)
01[09:28] {@Threei}  -CHS -5.8% (earnings)
01[09:28] {@Threei}  -FWM -4.5% (earnings)
01[09:31] {@Threei} Long Setup:  VXX  .25 break
01[09:31] {@Threei}  If holds  .15
01[09:33] {@Threei}  to .19
01[09:34] {@Threei}  if you caught spike to exit half, then trail to .24
01[09:35] {@Threei} Long Setup:  FB  .70 break
01[09:35] {@Threei}  If holds  .60
01[09:36] {@Threei}  1:1
01[09:41] {@Threei} Long Setup:  BP  .70 break
01[09:41] {@Threei}  If holds  .60
01[09:42] {@Threei} Long Setup:  FB  .80 break
01[09:42] {@Threei}  If holds  .70
01[09:43] {@Threei}  1:1
01[09:45] {@Threei}  Invalidated  BP
[09:47] {dino} wday sm l .52 wide
[09:47] {nemo} hooker play?
[09:49] {dino} stopped wday, bought the f'ng top
01[09:52] {@Threei} Long Setup:  FB  .90 break
01[09:52] {@Threei}  If holds  .85
01[09:52] {@Threei}  unusually tight stop, pullback entry
01[09:57] {@Threei}  meh
[10:00] {dino} wday sm l .70
01[10:01] {@Threei} Short Setup: TWTR  .40 break
01[10:01] {@Threei}  If holds  .50
[10:13] {dino} out wday .41, +.81
[10:13] {dino} opps, +.71
01[10:13] {@Threei}  wtg
01[10:14] {@Threei}  wtg - 10 cents
[10:14] {dino} ty
[10:17] {Branm} anyone still in FB
01[10:19] {@Threei}  not me
01[10:19] {@Threei}  why, it was stopped long ago
[10:19] {Branm} I am out now
01[10:20] {@Threei}  you know how to manage the play according to setup description?
01[10:21] {@Threei}  http://www.realitytrader.com/tradingroom/#instructions
[10:24] {Branm} Thanks I read the  instructions just takes awhile to sink in and truly understand
[10:26] {dino} adro spike
01[10:26] {@Threei}  don't hesitate to ask questions
[10:26] {dino} wday sm l .25
01[10:26] {@Threei}  no go TWTR
[10:27] {dino} wday = pulp
[10:28] {nemo} they yanked the book on indexes and aapl
01[10:33] {@Threei}  frikin TWTR
01[10:33] {@Threei}  rinse
01[10:35] {@Threei}  @#$^%&
01[10:35] {@Threei}  (GR) IMF's Blanchard: Eurozone can survive a Greek exit
01[10:35] {@Threei}  good... kick them out and survive already
01[10:35] {@Threei}  everyone will be relieved
01[10:37] {@Threei}  1:3... shoot me now
[10:38] {dino} bang
01[10:38] {@Threei}  thank you
[10:38] {dino} :)
01[10:39] {@Threei}  that was perfect case for DKTK
[10:39] {dino} achc ?
[10:39] {nemo} told u it was coming
01[10:40] {@Threei}  no news
01[10:41] {@Threei}  FB... let's see if we can use pullback for entry
[10:43] {dino} achc sm s .90
01[10:44] {@Threei}  now FB needs to rinse .10 buyers by pulling back under 80
01[10:44] {@Threei}  and we want to get it on recross
[10:44] {nemo} frickin' Greeks
01[10:46] {@Threei}  how did they offend you?
[10:46] {dino} cov achc .20, +.70
[10:46] {nemo} this market is because of Greece at the moment...so much headline risk
[10:47] {dino} "better worlds" market nemo
[10:47] {nemo} where?
01[10:48] {@Threei}  Italy?
[10:48] {dino} find stocks acting on their own
[10:49] {dino} the niose doesn't apply to certain stocks
[10:49] {dino} noise too
01[10:55] {@Threei}  anyone got FB near 80?
[10:57] {Branm} Made .15 fb
01[10:58] {@Threei}  :)
[10:58] {dino} gj
01[10:59] {@Threei} Long Setup:  TWTR  .20 break
01[10:59] {@Threei}  If holds  .10
[10:59] {dino} last try wday sm l .24
[11:01] {nemo} twtr can't go up with market
[11:10] {dino} wday stop
01[11:15] {@Threei}  half out TWTR
01[11:15] {@Threei}  stop to .14
[11:18] {dino} rinsed
01[11:49] {@Threei} Long Setup:  JPM  .40 break
01[11:49] {@Threei}  If holds  .30
01[11:51] {@Threei}  US and European equities are bouncing higher this morning after yesterday's big losses. Yesterday Greece seemed hopeless, while today progress is possibly being made.
01[11:51] {@Threei}  G7 finance ministers are meeting in Dusseldorf for several days this week and today the meeting is generating market-moving headlines regarding Greece. Just after the open of US cash equity trading, there were reports that a Greece official said Greece and its creditors have begun putting together a "staff level" agreement, including long-term solutions to debt and pension issues. Within an hour, European officials clarified that they are not yet drafting a final accord and that plenty of difference among the parties to the negotiations remain.
[12:02] {Branm} what time frame of chart are you looking at thanks
01[12:03] {@Threei}  1 min and daily
01[12:09] {@Threei}  stop to .34 JPM
01[12:10] {@Threei}  lunch time, tghter risk control
01[12:21] {@Threei}  1:1
01[12:23] {@Threei}  TWTR to .18
01[12:31] {@Threei}  to .19 and by the book from here
01[12:42] {@Threei}  1:2  TWTR
06[12:43] * @Threei slaps nemo around a bit with a large roll of cash
01[13:01] {@Threei}  (GR) France Fin Min Sapin: talks on Greece have not led to any written agreements, Greece officials must place their commitments on paper as time is running out
01[13:02] {@Threei}  I change my mind... let the Greek drama continue, what we would do for fun without it
01[13:18] {@Threei}  TWTR 1:4
01[13:18] {@Threei}  out
[13:58] {_GEOARB} test
[13:58] {dino} brcm spike
[13:58] {dino} avgo too
[13:59] {nemo} does Corvus=Raven?
01[13:59] {@Threei}  passed, geo
01[13:59] {@Threei}  with flying colors
[13:59] {_GEOARB} thanks..... at work now..... will come in early tomorrow.
01[14:00] {@Threei}  :)
01[14:00] {@Threei}  JPM stop is .39 for now, with trail to .45 after .55 break
[14:00] {nemo} work?  these are drinking hours
01[14:00] {@Threei}  TWTR, stay away for now, but is pulls back to .40 will get interested again
[14:02] {dino} rumors avgo offer for brcm
01[14:04] {@Threei}  BRCM Reportedly in advanced talks to be acquired by Avago Technologies
[14:08] {dino} qrvo spike
01[14:09] {@Threei}  JPM stop to .44 now
[14:09] {dino} avgo smr s .72
[14:12] {_GEOARB} test in MIRC
01[14:15] {@Threei}  passed
[14:17] {dino} altr spike
[14:28] {dino} avgo cov/stopped
01[14:29] {@Threei} Long Setup:  FB  .15 break
01[14:29] {@Threei}  If holds  .05
[14:33] {dino} avgo smr s .71
[14:34] {nemo} eh...those are "serious" talks, not just rumors
[14:35] {nemo} you and your hooker spreads
[14:36] {dino} surprised the buyer is up 11+
01[14:42] {@Threei}  missed TWTR near .40
01[14:43] {@Threei}  if anyone got it, start partialling out here
01[14:43] {@Threei}  or just take a scalp, no firm read on it
[14:46] {dino} cov avgo 141.21, +1.50. back in 30 or so
01[14:47] {@Threei}  wtg
01[14:47] {@Threei}  for this you can take whole 4o min
01[14:47] {@Threei}  heck, 45
[14:47] {dino} lol
01[14:47] {@Threei}  :)
01[14:48] {@Threei}  no go FB
01[14:49] {@Threei} Long Setup:  VXX  .60 break
01[14:50] {@Threei}  If holds  .55
01[14:50] {@Threei}  low risk attempt to get market drop
01[15:02] {@Threei}  SPY, double top or break
01[15:07] {@Threei}  if SPY lowes .60 instead of breaking .70 now, VXX should work
01[15:08] {@Threei}  lowes = loses
01[15:08] {@Threei}  ugh
01[15:08] {@Threei}  ok, be a fakeout and drop now
01[15:11] {@Threei}  hmmm... a lot of momo
01[15:12] {@Threei}  but VXX still holds the breakeven level
01[15:12] {@Threei}  sitting tight for now, risk is negligible
01[15:12] {@Threei}  and morning was good enough to risk this
[15:37] {nemo} so according to today's action, yesterday never occurred
01[15:38] {@Threei}  correct
01[15:38] {@Threei}  sorry... korreqt
[15:39] {dino} higher lows slightly higher highs
[15:39] {nemo} Summer is setting up for grind higher...perfect distribution environment
[15:39] {dino} 20k it wants
[15:40] {nemo} machines will trade all Summer then big money comes back and decides what to do in the Fall
[15:41] {nemo} we'll get some heavy info on Greece over the weekend, probably propels us to new highs
01[15:42] {@Threei}  sounds right to me
01[15:43] {@Threei} Short Setup: FB  .50 break
01[15:43] {@Threei}  If holds  .55
[15:44] {nemo} short .55 hold .60
[15:44] {nemo} imo
01[15:46] {@Threei}  stubborn support
01[15:50] {@Threei}  meh
01[15:51] {@Threei}  OK guys, thank you all, have a great evening. See you tomorrow

May 26 2015

Not our day, as hits and misses took turn, leaving us with slightly negative end result. 


Session Time: Tue May 26 00:00:00 2015
[08:52] {dino} gm
01[08:52] {@Threei}  dino :)
[09:11] {drewj} gm
01[09:11] {@Threei}  drew :)
01[09:17] {@Threei}  goes without comments that: Uncertainty over Greece might lead to financial instability
01[09:17] {@Threei}  - ECB's Hansson (Estonia) stated that Greece situation was complicated; agreement was not in sight at this time
01[09:18] {@Threei}  endless saga
[09:26] {dino} let me guess, ecb will loan them enough to make the june interest pmt
01[09:27] {@Threei}  and then IMF will loan them money to pay back to ECB
[09:27] {nemo} http://www.scmp.com/tech/innovation/article/1808963/worlds-first-robot-kitchen-cooks-visitors-ces-asia-shanghai
01[09:29] {@Threei}  Downside:-ETSY -6% (company's sellers have been targeted by AMZN email promoting the Amazon hand-crafted goods marketplace)
01[09:30] {@Threei}  Upside:-GKNT +120% (being acquired by Hot Topic)-PBMD +20% (CVac shows clear trend for overall survival in second remission ovarian cancer)-LPSN +14% (NICE could seek to bid $600-650M)-CERU +7.4% (CRLX101 receives FDA orphan drug designation for treating ovarian cancer)-TWC +5.3% (deal with CHTR)-CVC +5.2% (momentum from CHTR/TWC deal)-FOLD +4.4% (Fabry monotherapy granted accelerated assessment by European regulators)-BPMC +3.4% (positive broker commentary)-BLDP +1.5% (received order breakthrough tech solutions project from Nisshinbo)
01[09:32] {@Threei} Long Setup:  FCX  .70 break
01[09:32] {@Threei}  If holds  .60
01[09:35] {@Threei} Long Setup:  FB  .30 break hl
01[09:35] {@Threei}  If holds  .20
01[09:35] {@Threei}  fast
01[09:35] {@Threei}  1:1
01[09:36] {@Threei}  FCX holding well
01[09:37] {@Threei}  any SPY bounce should send it up
01[09:38] {@Threei}  KORS Seeing early put activity- Aug 60 puts traded 1600 times ahead of earnings tomorrow
01[09:39] {@Threei}  .75 wall
01[09:39] {@Threei}  let's trail FCX to .63
01[09:39] {@Threei}  takes too long
01[09:42] {@Threei} Long Setup:  AIG  .40 break
01[09:43] {@Threei}  If holds  .30
01[09:45] {@Threei}  *(US) MAY PRELIMINARY MARKIT SERVICES PMI: 56.4 V 56.5E
[09:45] {dino} abmd sm l .89 gappy
01[09:45] {@Threei}  Invalidated  AIG
01[09:46] {@Threei}  (US) Preview: Apr New Home Sales expected at 10:00 ET (14:00 GMT) - Consensus expectations: 505Ke v 481K prior
01[09:46] {@Threei}  SPY no strength
[09:46] {nemo} what was ur first clue?
01[09:46] {@Threei}  meh FCX
[09:47] {nemo} ctrp dump
01[09:47] {@Threei}  AIG, watching for double bottom if pulls back to .30
01[09:49] {@Threei} Long Setup:  FB  .10 break
01[09:49] {@Threei}  If holds  80
01[09:49] {@Threei}  Invalidated
01[09:51] {@Threei}  what is it, no buying dip today?
01[09:52] {@Threei} Long Setup:  JPM  .70 break
01[09:53] {@Threei}  If holds  .60
01[09:54] {@Threei}  AIG got away
01[09:56] {@Threei} Long Setup:  FB  .90 break
01[09:57] {@Threei}  If holds  .80
01[09:57] {@Threei}  three nice tails
01[09:57] {@Threei}  it's time
01[09:59] {@Threei}  1:1  JPM
01[10:00] {@Threei}  wow FB
01[10:00] {@Threei}  Invalidated
01[10:00] {@Threei}  *(US) APR NEW HOME SALES: 517K V 505KE
01[10:00] {@Threei}  *(US) MAY CONSUMER CONFIDENCE: 95.4 V 95.0E
01[10:01] {@Threei}  frikin AIG... look at that
01[10:01] {@Threei}  good thing jf is not here this morning, he would be ripping off hair on his head
01[10:02] {@Threei}  1:2  JPM
[10:03] {nemo} not a problem u would have 3i
01[10:03] {@Threei}  well... partially
01[10:04] {@Threei} Long Setup:  FB  .85 break
01[10:04] {@Threei}  If holds  .75
01[10:06] {@Threei}  valid still
01[10:09] {@Threei}  come on already FB
01[10:09] {@Threei}  time to fly
01[10:10] {@Threei}  market amazingly weak today
[10:10] {nemo} it was strong most of last week
01[10:10] {@Threei}  no go FB
[10:11] {nemo} algo solid red
[10:11] {nemo} DE and YY only stocks on strong side
[10:11] {nemo} for all the red not alot of index drop, might be bottoming
01[10:14] {@Threei} Long Setup:  MCD  .80 break
01[10:14] {@Threei}  If holds  .70
[10:15] {dino} abmd stopped -.36
[10:20] {cosmo} Mkt does not like strong home sales methinks...
[10:21] {cosmo} could mean higher rates come sooner...
01[10:22] {@Threei}  the worse the better logic was driving this market for years
01[10:23] {@Threei}  MCD stop to .74
01[10:26] {@Threei}  1:1
01[10:26] {@Threei}  by the book from here
01[10:27] {@Threei}  looks like bottom is in
01[10:27] {@Threei} Long Setup:  AIG  .60 break
01[10:27] {@Threei}  If holds  .50
[10:27] {dino} abmd sm l .72
01[10:33] {@Threei}  Invalidated  AIG
[10:34] {nemo} tough read day
01[10:34] {@Threei}  just goes against the grain of what we had for very long
01[10:35] {@Threei}  thus, change in approach is required, but that doesn't come in a single day
[10:35] {nemo} yeah, but transition time to summer season...dktk will start becoming more prevalent
[10:35] {dino} abmd stopped again -,32
01[10:35] {@Threei}  first gotta make sure that market really changed and it's not just one day fluke
01[10:36] {@Threei}  overall yes, but today DKTK wouldn't help
01[10:36] {@Threei}  there are no rinses
01[10:36] {@Threei}  simply short setups needed instead of long - trend continuation and not reversal
[10:42] {dino} jmei drop
[10:44] {dino} h spike
01[10:45] {@Threei}  LL
01[10:45] {@Threei}  [LL] Hearing vague chatter of activist investor interest - Emanating from a tweet: Uncle @Carl_C_Icahn making another Tilson sandwich with a slice of Chapman? @CGasparino $LL
01[10:49] {@Threei} Long Setup:  AIG  .40 break
01[10:49] {@Threei}  If holds  .30
01[10:56] {@Threei}  no go'
[11:04] {dino} jmei sm l .60
01[11:07] {@Threei} Long Setup:  RIG  .60 break
01[11:07] {@Threei}  If holds  .50
01[11:17] {@Threei}  let's scratch it, not liking how it trades
01[11:19] {@Threei}  actually, not liking whole day today, but that's beside the point
01[11:24] {@Threei}  this finally looks like real reversal
01[11:25] {@Threei} Long Setup:  FB  .30 break
[11:25] {dino} 07 says not
01[11:25] {@Threei}  If holds  .20
01[11:26] {@Threei}  nah, this is last pullback
[11:26] {dino} jmei stop -.28
01[11:29] {@Threei}  1:1
01[11:29] {@Threei}  let's go FB, don't be a scalp
01[11:29] {@Threei}  .70 easy
06[11:32] * @Threei kicks FB in the rear
[11:33] {dino} jmei hl l .00
01[11:36] {@Threei}  1:2
[11:37] {dino} cmt sm l .82
[11:39] {dino} out fb .50, +.19, ty 3i
01[11:40] {@Threei}  yw
01[11:41] {@Threei}  I want 1:4
01[11:41] {@Threei}  and ice cream
01[11:41] {@Threei}  and some scotch
[11:42] {dino} i want bourbon
[11:42] {dino} i want scotch
[11:42] {dino} i want beer
[11:42] {dino} sedg spike
01[11:42] {@Threei}  and nemo shrugs and wants vodka
[11:55] {dino} jmei stopped -.23
[11:55] {dino} not my day
01[11:57] {@Threei}  1:3
[11:57] {dino} gj
01[11:57] {@Threei}  ty
[11:59] {dino} asps spike
01[12:02] {@Threei}  1:4 baby
01[12:02] {@Threei}  close enough
01[12:02] {@Threei}  out
01[12:02] {@Threei}  (US) Senate Judiciary Committee Chairman Grassley (R-IA) calls on FTC to investigate "possibly abuses" consumers may have suffered from third-party websites that help consumers book hotel rooms
01[12:02] {@Threei}  much better
01[12:03] {@Threei}  couple more of such trades and day will become tolerable
01[12:21] {@Threei} Short Setup: DAK  .15 break
01[12:21] {@Threei}  DAL
01[12:21] {@Threei}  If holds  .25
01[12:22] {@Threei}  The DJIA is down triple-digits this morning as the dollar soars and the 10-year yield drops five basis points. As of writing, indices appear to have bottomed out with the DJIA down 0.95%, the S&P500 off 0.89% and the Nasdaq down 1.10%.
01[12:22] {@Threei}  In Greece, PM Tsipras scored a rare political victory in gaining Syriza's approval to reach a bailout deal with European creditors, however the revolt by Syriza's left-wing fringe showed that patience is running out with the negotiation process.
01[12:23] {@Threei}  European figures reiterated that time and liquidity are running out ahead of Greece's next big IMF payment crunch on June 5th, and negotiations apparently remain tough. Greek figures were warning that absent a deal, there is no money available to make the June 5th payment.
01[12:25] {@Threei}  sheesh
01[12:25] {@Threei}  2 cents from 1:1
01[12:26] {@Threei}  no go
01[12:26] {@Threei}  this is irritating
01[12:48] {@Threei} Short Setup: AIG  .20 break
01[12:49] {@Threei}  If holds  .30
01[13:04] {@Threei}  Invalidated
01[13:06] {@Threei}  should have recalibrated to .30 break
01[13:13] {@Threei} Long Setup:  FB  .40 break
01[13:13] {@Threei}  If holds  .30
01[13:17] {@Threei}  change to .30 break
01[13:17] {@Threei}  If holds  .20
01[13:18] {@Threei}  nice-looking double bottom
01[13:18] {@Threei}  if triggers
01[13:23] {@Threei} Short Setup: AIG  .10 break
01[13:24] {@Threei}  If holds  .20
01[13:25] {@Threei}  SPY says enough is enough
01[13:27] {@Threei}  1:1  FB
01[13:35] {@Threei}  break .45 and fly
01[13:35] {@Threei}  (please)
01[13:37] {@Threei}  AIG is valid again
01[13:52] {@Threei}  FB again
01[13:52] {@Threei}  same setup
01[13:52] {@Threei}  .30 break long
01[14:13] {@Threei}  no go AIG
[14:20] {dino} markets barely moving
[14:20] {dino} post spike
[14:20] {dino} sm s .00
[14:21] {dino} abmd hl l .95
[14:23] {dino} out cmt .29, +.46
[14:24] {dino} post stop .24 -.24
[14:25] {dino} post sm s .52
[14:27] {dino} cov post .81, +.71
[14:29] {drewj} nice dino
[14:29] {dino} ty
[14:33] {dino} stop abmd .63 -.32
[14:33] {dino} like pulling teeth
01[14:34] {@Threei}  annoying day eh?
[14:34] {dino} yeah, miss, miss, hit, miss, miss, hit, hit, miss
01[14:36] {@Threei}  exactly
[14:38] {dino} calm drop
01[14:39] {@Threei}  as opposed to turbulent drop?
[14:39] {dino} lol, symbol calm
01[14:39] {@Threei}  :)
[14:39] {dino} sm l .88
[14:44] {dino} out calm .55, +.67
01[14:48] {@Threei}  wtg
[14:49] {dino} ty
[14:51] {dino} calm sm l .16
01[14:53] {@Threei} Long Setup:  MCD  .50 break
01[14:53] {@Threei}  If holds  .40
01[14:55] {@Threei}  change to .45 break
[14:56] {dino} stop calm .91 -.24
01[14:56] {@Threei}  If holds  .35
[14:57] {dino} calm sm l .25
[14:58] {dino} too soon
01[14:59] {@Threei}  grrr
01[15:00] {@Threei}  end of day is likely to be a selloff
[15:01] {dino} -300 in the making
[15:01] {dino} sell 18,200s buy 17,700s
01[15:05] {@Threei}  frikin MCD
[15:05] {dino} adjusted calm, ave .85
[15:06] {dino} stopped .55, -.30
[15:07] {dino} calm l .71
01[15:07] {@Threei}  [EUR/USD] EUR/USD Sets fresh session lows
01[15:11] {@Threei} Long Setup:  VXX  .52 break
01[15:11] {@Threei}  If holds  .45
[15:11] {dino} calm stopped again, sheesh
01[15:11] {@Threei}  let's see if we can catch closing panic
[15:14] {dino} ugh, rinsed
01[15:14] {@Threei}  no panic yet
01[15:14] {@Threei}  probably better chance on last 30 min
01[15:15] {@Threei}  for now, fakeout with some rally attempt is more likely
[15:15] {cosmo} I guess a selling climax is out of the question here...
01[15:16] {@Threei} Long Setup:  FB  .35 break
01[15:16] {@Threei}  If holds  .25
01[15:18] {@Threei}  change to .30 break
01[15:18] {@Threei}  If holds  .20
01[15:21] {@Threei}  Invalidated
01[15:23] {@Threei} Long Setup:  VXX  .40 break
01[15:24] {@Threei}  If holds  .34
01[15:27] {@Threei}  let's get some juicy panic, market
01[15:30] {@Threei}  sheesh
01[15:30] {@Threei}  I dislike today more and more
01[15:37] {@Threei}  last try
01[15:37] {@Threei} Long Setup:  VXX  .35 break
01[15:39] {@Threei}  stop .27
01[15:46] {@Threei}  hurry up market
01[15:46] {@Threei}  I mean hurry down
[15:46] {nemo} spy getting to vwap
01[15:52] {@Threei}  6 min left
01[15:52] {@Threei}  move your butt VXX
01[15:55] {@Threei}  3 min
01[15:57] {@Threei}  1 min
01[15:58] {@Threei}  OK... closing with tiny scalp
01[15:58] {@Threei}  did I mention that I hated today?
01[15:58] {@Threei}  have a good evening guys, we will get them tomorrow\
[15:58] {dino} yeah, several times
[15:58] {dino} hated it too
[15:58] {dino} gn all