June 12 2015

Fifth profitable day in a row, making it a whole week with no single losing day. Not too bad for a slow summer market


Session Time: Fri Jun 12 00:00:00 2015
[09:05] {RonS} gm
01[09:05] {@Threei}  ron :)
[09:13] {dino} gm
01[09:13] {@Threei}  dino :)
01[09:18] {@Threei}  Greece is weighing on market again
[09:21] {Branm} Gm
01[09:21] {@Threei}  branm :)
01[09:22] {@Threei}  Upside:
01[09:22] {@Threei}  -KFY +37% (earnings)
01[09:22] {@Threei}  -ESI +16% (earnings)
01[09:22] {@Threei}  -CALA +11% (reported Phase 1 results for CB-839 in patients with acute leukemias)
01[09:22] {@Threei}  -CDTI +6.5% (entered into a North American purchase & sale agreement with Honda)
01[09:22] {@Threei}  -OCLS +6.4% (earnings)
01[09:22] {@Threei}  -BOBE +5.5% (intends to pursue a strategic transaction for restaurant properties)
01[09:22] {@Threei}  -TNXP +4.2% (presented Phase 2b data from trial of TNX-102)
01[09:22] {@Threei}  -TWTR +3.7% (Costolo stepping down as CEO)
01[09:22] {@Threei}  Downside:
01[09:22] {@Threei}  -LF -18% (earnings)
01[09:22] {@Threei}  -AVEO -17% (FDA update for Tivozanib says that data insufficient to determine appropriateness for proposed Phase 3 study)
01[09:22] {@Threei}  -TRXC -6% (priced offering at $3/shr)
01[09:22] {@Threei}  -FRO -3.5% (filed for $100M mixed shelf)
01[09:22] {@Threei}  -MEIP -3.5% (data from Phase 2 study of Pracinostat and Azacitidine in elderly patients)
01[09:31] {@Threei} Short Setup: FB  41 break
01[09:31] {@Threei}  If holds  .10
[09:31] {nemo} huh?
01[09:31] {@Threei}  grrr
01[09:31] {@Threei}  sorrry, wrong symbol
01[09:31] {@Threei}  never mind
01[09:32] {@Threei} Short Setup: BP  41 break
01[09:32] {@Threei}  two-sided
01[09:34] {@Threei} Short Setup: FCX  .80 break
01[09:34] {@Threei}  If holds  .85
01[09:37] {@Threei}  1:1  BP
01[09:40] {@Threei} Long Setup:  FB  .30 break
01[09:40] {@Threei}  If holds  .20
[09:40] {nemo} wow
01[09:40] {@Threei}  got it on pullback
01[09:41] {@Threei}  1:1
01[09:43] {@Threei}  1:2
01[09:43] {@Threei}  (close enough)
01[09:45] {@Threei}  meh FCX
[09:46] {dino} kfy sm l .70
[09:47] {dino} agio?
01[09:48] {@Threei}  [AGIO] Discloses Positive Update on Phase I trial of AG-120 Agios Pharmaceuticals announced new data from the ongoing Phase 1 study evaluating single agent AG-120
[09:55] {dino} agio vsm l .14
01[09:59] {@Threei} Long Setup:  TWTR  .55 break
01[09:59] {@Threei}  If holds  .45
01[10:00] {@Threei}  *(US) JUN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 94.6 V 91.2E
01[10:03] {@Threei}  Invalidated
[10:04] {dino} agio vwap rejections
[10:08] {dino} out agio 110.54, +1.50
01[10:08] {@Threei}  wtg
[10:08] {dino} ty
[10:08] {dino} got lucky, laid it out
01[10:13] {@Threei} Long Setup:  FB  .90 break
01[10:13] {@Threei}  If holds  .80
01[10:13] {@Threei}  aggressive for 82 break
01[10:13] {@Threei}  which should send it skyrocketing
01[10:14] {@Threei}  1:1
[10:15] {dino} supn spk
01[10:15] {@Threei}  SPY drop holds it back
01[10:15] {@Threei}  better
01[10:17] {@Threei}  1 cent to 1:2
01[10:18] {@Threei}  ugh
[10:18] {RonS} some saying forrest gump is running twtr now...
[10:19] {dino} supn sm s .05 stop hod
01[10:20] {@Threei}  so why is it not running?
[10:20] {RonS} lol...perfect
06[10:20] * @Threei takes a bow
01[10:21] {@Threei}  [TWTR] Incoming interim CEO Dorsey: not changing strategy because we believe new growth avenues we are developing are so promising (like Fabric and Periscope) - CNBC interview - My job is to make sure we continue with our cadence and amplify and accelerate our execution.- Do not see any gaps in our leadership team.
[10:21] {RonS} chatter re HD interested in LL....
[10:26] {dino} cov supn .87, +.18
[10:33] {dino} ron, ll begging to be shorted
01[10:33] {@Threei} Short Setup: BC  .40 break
01[10:33] {@Threei}  too fast
[10:34] {RonS} 30% short interest...dunno
[10:34] {dino} sm s .75
01[10:34] {@Threei} Short Setup: CHRW  .50 break
01[10:34] {@Threei}  grrr
01[10:34] {@Threei}  another fast break
01[10:35] {@Threei}  If holds  .60
[10:37] {dino} ty ron for idea. cov ll .35, +.40
01[10:37] {@Threei}  1:1
01[10:37] {@Threei}  thank goodness for bounce
[10:37] {dino} thank nemo
01[10:38] {@Threei}  what could nemo possibly have to do with goodness?
[10:38] {dino} :)
[10:41] {RonS} retail seems to be heating up in the options... M novs...DECK call spreads...
[10:46] {dino} fall is retails time, imo
[10:52] {RonS} l vlo .75 s/ lod
[11:11] {RonS} 3 in of rain here past 24 hr and still falling...perspective, annual ave is 14 in incl snow...
01[11:11] {@Threei}  wow
[11:12] {RonS} only used the sprinklers once this year...feel like am back in portland...
[11:14] {dino} our weather here is screwed up too. last weeks highs of 55 f (about 25 below normal), today 90 f
[11:14] {nemo} news?
01[11:14] {@Threei}  Greece
01[11:14] {@Threei}  (GR) Greece Govt official reportedly indicates that Greece is now ready to submit counter proposals; representatives to meet with creditors in Brussels tomorrow
[11:20] {dino} blah blah blah greece
[11:25] {RonS} hearing Tilson out saying HD LL rumor the dumbest thing ever...
01[11:39] {@Threei} Short Setup: WFC  57 break
01[11:40] {@Threei}  If holds  .10
[11:46] {dino} ppe kfy out .77, +.07
01[11:48] {@Threei}  I don't know what to say
01[11:49] {@Threei}  .07 for dino feels like miserable failure
[11:49] {dino} ppe=pii poor entry
[11:49] {dino} piss poor entry
01[11:49] {@Threei}  1:1
[11:50] {dino} brb
01[11:58] {@Threei}  1:2
01[12:01] {@Threei}  Greece is teetering on the edge this morning as more reports come out that the EU is beginning to seriously prepare for a possible default event. Overnight, there were press reports that Germany was looking at possible capital controls, while this morning there were headlines suggesting that Eurozone officials are discussing a "plan B," which would involve extending the current bailout with conditions, including aid funding disbursements in tranches.
[12:03] {dino} ugh! i give up on kfy and it jumps .30 after i sell
01[12:04] {@Threei}  told ya... miserable failure
[12:04] {dino} that seems to happen often to me
01[12:05] {@Threei}  centuries and millenias will go by but the shameful memory of this trade will live
[12:05] {dino} lol, the plan was to re-load in the .50s that was the pattern, .50s-.80
[12:06] {dino} sometimes i expect too much from myself
[12:06] {dino} oh well, on to better worlds
01[12:06] {@Threei}  for grandsons of your grandosn it will be stuff of legends... "gather around the fire, kids, I will tell you the trade your grandgrandgrandpa did on KFY..."
01[12:07] {@Threei}  and crying kids will ask "pleasde, no more, we can't cope with this pain"
[12:07] {dino} roflol. and they will be saying; "not again"
01[12:08] {@Threei}  "he was a great man, kids, did many fine trades for us to be proud of, but this one got him, it got him good"
[12:08] {dino} pity me
[12:08] {dino} wow, hadn't realized we are down 150+
01[12:08] {@Threei}  watching JPM for bounce
01[12:11] {@Threei} Long Setup:  JPM  68 break
01[12:23] {@Threei}  1:1
[12:28] {dino} gj
01[12:29] {@Threei}  ty
[12:36] {nemo} BRCM
01[12:38] {@Threei}  (GR) Greece Govt rep reportedly has denied that the EU discussed the possible Greece exit
01[12:38] {@Threei}  they seem to be in constant denial mode - whatever EU says, they immediately deny
01[12:39] {@Threei}  EU: we discuss your exit, Greece - we deny. EU: we discuss your yougurt, Greece: we deny... wait, what?
[12:40] {dino} mplx spike hooker
[12:45] {dino} glob at it again
[12:47] {RonS} eating nyc?
[12:54] {dino} lol, blob right?
[12:56] {RonS} glob...eastern european blob....
01[13:07] {@Threei} Short Setup: MCD  .10 break
01[13:07] {@Threei}  If holds  .20
01[13:47] {@Threei} Long Setup:  FB  .70 break
01[13:47] {@Threei}  If holds  .60
01[13:49] {@Threei}  IPXL Amedra gets FDA approval for albenza chewable tablets
01[13:49] {@Threei}  finally we can chew some albenza!
[13:50] {dino} amba crazy last ten day, up about 30 pts
[14:00] {dino} out agio july calls, +2.00 / 32% from this morning
01[14:00] {@Threei}  wtg
[14:00] {dino} ty
01[14:05] {@Threei}  GOOGL Intends to launch a new Youtube gaming website and app for broadcasting gamplay; will be available in the US and UK mid 2015
[14:22] {nemo} HES two way
01[14:23] {@Threei}  .25 - .30?
[14:23] {nemo} big volume
01[14:27] {@Threei} Short Setup: PM  .60 break
01[14:27] {@Threei}  If holds  .70
[14:28] {dino} scanners barely moving
01[14:30] {@Threei}  yes... but SPY is balancing on the verge of breakdown
[14:32] {dino} lly drop
01[14:32] {@Threei}  good girl SPY
01[14:34] {@Threei}  [LLY] Alzheimer Association patient group reportedly does not intend to provide early data on the upcoming Solanezumab drug - press
01[14:35] {@Threei}  whatever... as long as we can chew Albenza, we need no stinkin' Solanezumab
01[14:35] {@Threei}  covering half MCD
01[14:35] {@Threei}  stop to .16
01[14:35] {@Threei}  takes way too long
01[14:36] {@Threei}  covering half PM too
01[14:41] {@Threei}  1:1  PM
[14:42] {dino} gj
[14:42] {nemo} I can't stay awake
01[14:45] {@Threei}  can't you come up with some contraption.... a stick, a brick tied to the upper end, triggering by your head nod, brick hits you over the head to wake you up? jeez, how hard is that
01[14:45] {@Threei}  or chew some albenza
[14:46] {dino} lol
01[14:46] {@Threei}  side effect of brick idea - your typing will become much gooder
01[14:47] {@Threei}  mine improves with each nod
01[14:47] {@Threei}  I mean impruwez
[14:48] {dino} those "i am rich" commercials got to me. last night i bought a case of miller highlife.
[14:49] {dino} sfly spike
[14:52] {dino} sm s .42
[14:58] {dino} i froze that
01[14:58] {@Threei}  that's talent
[15:00] {dino} yeah, i'm a legend in my own mind
[15:03] {dino} stopped .53, -.11
[15:08] {dino} sfly s trig .50 break
[15:16] {dino} cov sfly .38, +.11 fl
[15:20] {nemo} for a pretty good volume day this has been maddening action
[15:20] {nemo} frickin' Greece
[15:25] {dino} that kfy didn't get much out of that big beat and raise
[15:26] {dino} damn shak, wanted to short it in the 90s, none avail and no puts either
[15:27] {RonS} people figure it is an ag fertilization company...
[15:27] {RonS} ...corn fairy...
[15:28] {dino} ares spike
[15:38] {dino} exas drop
[15:39] {dino} sm l .95
[15:41] {dino} stopped .59 -.36
[15:42] {dino} rinsed
[15:42] {dino} reload .79
[15:49] {dino} out exas .10, +.31
01[15:50] {@Threei}  nice for a finish
[15:50] {dino} calling it a very good week. thx all, enjoy
01[15:50] {@Threei}  very nice here too
01[15:50] {@Threei}  5 positive day
01[15:50] {@Threei}  s
[15:51] {dino} best week of the year for me.
[15:51] {dino} wsame here
[15:51] {dino} 5 up in row
[15:51] {dino} gn

June 11 2015

Very quiet but again profitable trading session. 1:3 on MCD and a few scalps here and there made it worth our while.

Session Time: Thu Jun 11 00:00:00 2015
[09:03] {dino} gm
01[09:03] {@Threei}  dino :)
[09:03] {dino} did i miss much yesterday afternoon?
01[09:04] {@Threei}  probably would have squeezed a play or two
[09:05] {dino} so nothing majot then
01[09:05] {@Threei}  no
[09:05] {dino} typing off already
01[09:06] {@Threei}  lol
[09:13] {RonS} gm
01[09:13] {@Threei}  ron :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -BOX +14% (earnings)
01[09:25] {@Threei}  -ISIS +9.3% (Updates on ISIS-SMN Rx Phase 2 Study In Infants With Spinal Muscular Atrophy)
01[09:25] {@Threei}  -MW +8.3% (earnings)
01[09:25] {@Threei}  -CTXS +7.5% (Elliott Management (7.1% holder) sends letter to Board; sees company reaching $90-100+/shr by the end of 2016 if engages on a plan)
01[09:25] {@Threei}  -KKD +7.3% (earnings)
01[09:25] {@Threei}  -ISSI +4.8% (Uphill raises offer to $21/share (from $20, and above $20.25 from Cypress)
01[09:25] {@Threei}  -HES +4.7% (Enters 50/50 Bakken Midstream Joint Venture with Global Infrastructure Partners; sale of stake valued at $2.7B)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -TUBE -4.5% (Prices Follow-On Offering of 5.2M shares at $15.75/shr)
01[09:25] {@Threei}  -FOLD -4.1% (Announces $150M stock offering)
01[09:25] {@Threei}  -LULU -2.3% (Files prospectus for 20.1M shares for holders)
01[09:33] {@Threei} Long Setup:  FB  .80 break
01[09:33] {@Threei}  If holds  .70
01[09:34] {@Threei}  no go
01[09:41] {@Threei} Long Setup:  FB  .30 break
01[09:41] {@Threei}  If holds  .20
01[09:42] {@Threei}  1:1
[09:47] {dino} crto drop
01[09:48] {@Threei}  TSLA Hearing vague chatter Microsoft could be looking to take a stake- Chatter that Microsoft looking to compete with Google and Apple in next gen auto market
[09:49] {RonS} CRTO getting drilled on report that Apple enabling iphone users to block ads
[09:49] {dino} ty
[09:50] {dino} ipgp drop
[09:53] {dino} ipgp smr l .30
01[09:56] {@Threei} Long Setup:  MCD  96 break
01[09:56] {@Threei}  If holds  .90
01[09:59] {@Threei}  1:1
01[10:01] {@Threei}  1:2
[10:01] {dino} gj
[10:01] {dino} stop ipgp is .98
01[10:02] {@Threei}  ty
[10:03] {dino} mara drop
[10:05] {RonS} mara...these patent dudes are dangerous...you never know what the heck is goin on
[10:06] {dino} mara sm l .50
[10:07] {RonS} took crto 47.11 out .85 +.74
01[10:07] {@Threei}  wtg
01[10:07] {@Threei}  1:3  MCD
01[10:08] {@Threei}  out
01[10:08] {@Threei}  that was pleasant
[10:08] {RonS} nice trade...ty
01[10:08] {@Threei}  easy play, never made us nervous
01[10:08] {@Threei}  yw
[10:09] {dino} ipgp to .09
[10:09] {dino} mara stop is .18
[10:10] {dino} f*ck, major slip, out ipgp .96 ave, +.66
01[10:12] {@Threei} Long Setup:  FB  .90 break
01[10:12] {@Threei}  If holds  .80
[10:12] {dino} mara stopped
[10:18] {dino} mara drops again
[10:18] {dino} sm l .60 pulp
[10:20] {nemo} what I miss?  more Dr. appts.
01[10:20] {@Threei}  nice 1:3 on MCD
01[10:20] {@Threei}  the rest is back and forth
01[10:20] {@Threei}  no go FB
[10:20] {RonS} dino:  http://tinyurl.com/oywtuqg
[10:21] {nemo} fb weak right now
[10:26] {dino} ron, 6/9 settlement
01[10:28] {@Threei}  can't believe this... missed by a few cents aler on DAL short at .70... and never found guts to chase and call next break
01[10:31] {@Threei}  IMF: Our bailout proposal for Greece would protect the nation's most vulnerable pensioners
[10:32] {dino} nhtc spike
01[10:41] {@Threei} Long Setup:  FCX  .95 break
01[10:41] {@Threei}  If holds  .89
[10:44] {dino} nhtc wow
01[10:46] {@Threei}  (GR) IMF Spokesman: technical discussions on Greece bailout have stopped, have failed to make any progress, both sides are a long way from an agreement - Major differences remain between Greece and its creditors, main obstacles are pensions, taxes and financing- There has been no progress made in trying to narrow differences between the two sides- IMF is still engaged in talks and never left the table, the ball is now in Greece's court- IMF team has left Brussels given the lack of progress- Our bailout proposal for Greece would protect the nation's most vulnerable pensioners
[10:49] {dino} mr s .02 hooker
01[10:49] {@Threei}  meh
[10:51] {dino} fx stopped .88, -.08
[10:52] {dino} mr? incorrect its nhtc
[10:52] {dino} don't know wtf happened typing there
01[10:53] {@Threei}  lol
[10:54] {RonS} ye olde mystery wrapped in an enigma:  Former Chinese security chief sentenced to life in prison after a secret trial
[10:55] {RonS} qotd:  I knew a woman who owned a taser, man was she stunning!
01[10:55] {@Threei}  lol
[10:56] {dino} lol
01[10:59] {@Threei} Short Setup: SLW  .50 break
01[10:59] {@Threei}  If holds  .55
01[10:59] {@Threei}  just a scalp most likely
[11:08] {dino} capr drop
[11:11] {RonS} hilarious:  Tomorrow's headline now: Greek talks restarted, traders inexplicably surprised
01[11:11] {@Threei}  lol
01[11:12] {@Threei}  even if they coukld fix it, they probably wouldn't - by the same logic by which a legal case became a cherished treasure over generations in lawyers' dynasty
[11:15] {dino} cov nhtc .53, +
[11:15] {dino} .49
[11:21] {RonS} dino hits his nut and gone...
01[11:21] {@Threei}  lol
[11:30] {RonS} mara halt
[11:31] {RonS} mara halt
[11:32] {RonS} MARA - Marathon Patent Group Announces Jury Verdict in TPMS Case v. Schrader-Bridgeport
[11:32] {dino} uh oh
[11:33] {RonS}  MARA - JURY RULED ASSERTED PATENTS NOT INFRINGED
[11:33] {RonS} MARA - Doug Croxall, Founder & Chief Executive Officer of Marathon, stated, "We are clearly disappointed by the jury's ruling. It is a decision Bridgestone will promptly appeal as we believe the jury erred in their verdict. This outcome has no bearing on our German case and we remain confident in the validity and infringement of our European patent."
[11:34] {dino} rubi drop
[11:35] {nemo} APA looks short
[11:35] {RonS} crto lod
[11:35] {nemo} but could make a VWAP run north
[11:41] {dino} rubi sm l .45
[11:43] {RonS} https://www.youtube.com/watch?v=xRjviO8negQ
[11:49] {dino} rare drop
[11:52] {dino} mara to .70
[11:54] {dino} out mara +.10
[11:55] {RonS} wtg
[11:55] {dino} lol, not sure what to think about it, its down about 35%
[11:55] {RonS} near death experience...
01[11:57] {@Threei}  yeah, be thankful you got out alive
01[11:57] {@Threei}  these situations are widowmaker kind
01[11:57] {@Threei}  Until mid-morning, European and US stocks were seeing a consecutive session of strong gains, adding to the big rally seen on Wednesday. The fun didn't last: another downer Greece headline dropped about an hour after the open of US cash trading, knocked stocks off their highs and sent bond yields plunging.
01[11:58] {@Threei}  The IMF crushed hopes that the Greece bailout talks might be seeing even a little progress. Around 10:30ET, an IMF spokesman said that technical bailout discussions have stopped given the failure to make any progress in negotiations, with both sides a long way from an agreement. According to the IMF, major differences remain, with the chief obstacles pensions, taxes and financing.
01[12:01] {@Threei} Short Setup: MCD  .70 break
01[12:01] {@Threei}  If holds  .80
[12:14] {dino} out rubi .76, +.26
[12:15] {dino} rare toasted
[12:30] {dino} lunch break
01[12:41] {@Threei}  1:1  MCD
01[12:41] {@Threei}  even though late post... but 1`:1 is 1:1
[13:43] {dino} .
01[13:46] {@Threei} Long Setup:  IWM  .25 break
01[13:59] {@Threei}  stop to .19
01[14:08] {@Threei}  meh
[14:08] {dino} dbd s .01
[14:09] {dino} .00
[14:17] {dino} dbd stop to b/e
[14:20] {dino} lly luv again
[14:21] {dino} damn, dbd was thinking channel would break
01[14:22] {@Threei}  LLY Announces Webcast to Discuss Ixekizumab Phase III Data
[14:22] {dino} played it wrong
[14:22] {nemo} that must be why it went nuts a coupla days ago
[14:22] {dino} now thats a word for a spelling bee
[14:23] {dino} yeah nemo, something w/diabetes
[14:26] {dino} since its slow, my son's last day of high school today. he gives the valedictorian speech on saturday (#1 out of 265).
[14:26] {RonS} big storm here tonight...remnants of Mexican hurricane moisture colliding w/ Canadian cold front...rain, hail, tornados...throw in a Russian or Chinese hack and really would be screwed...
[14:26] {dino} dbd out .00/flat
[14:32] {dino} espr dropping
[14:38] {dino} lxft spike
[14:41] {dino} rkda sk
[14:50] {dino} lxft sm s ave .53
[14:59] {RonS} bwc pop
[15:09] {nemo} well that's enuf fun for one day  P&Q
[15:18] {dino} toughie, cov lxft .39, +.14
[15:20] {dino} cov remaining at .33, +.20 fl in all
01[15:27] {@Threei}  watching BP for bounce scalp
01[15:33] {@Threei}  way too slow
01[15:34] {@Threei} Short Setup: FB  .95 break
01[15:34] {@Threei}  If holds  .05
01[15:36] {@Threei}  come on FB, break down and die
01[15:38] {@Threei}  1:1
01[15:42] {@Threei}  ok, just a scalp
01[15:42] {@Threei}  thank you, have a good evbening
01[15:42] {@Threei}  see you tomorrow
[15:44] {dino} gn vad
[15:45] {dino} idiot trade of the day, lxft scatred me out for .20, went another .40. damn spikes made me nervous
01[15:45] {@Threei}  well... spikes is the name of the game for you

June 10 2015

Very quiet but still nicely profitable day. Morning brought everything there was to earn today, then things stalled and remained frozen till the end

Session Time: Wed Jun 10 00:00:00 2015
[08:59] {dino} gm 3i
01[09:00] {@Threei}  dino :)
[09:09] {RonS} gm
01[09:11] {@Threei}  ron :)
[09:18] {dino} espr?
01[09:19] {@Threei}  [ESPR] Barclays maintains Overweight rating, price target $150; Expects shares could see pressure initially - Firm expects ESPR shares could experience pressure after the initial FDA AdComm panel for PCSK9's, despite the positive vote for approval (13 for- 3 against). - The panel's doubts in LDL's validity as a surrogate marker for benefits in CV events was surprisingly strong, and could raise concerns about the potential requirement of CV outcomes data before approval in certain settings.
[09:23] {dino} ty
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -HCC +36% (Tokio Marine confirms plans to acquire for $7.5B or $78/shr cash)
01[09:28] {@Threei}  -OGXI +18% (FDA Agrees with OncoGenex' Phase 3 AFFINITY Protocol Amendment)
01[09:28] {@Threei}  - LITB +15% (Acquires Strategic Stake in LightInTheBox Companies to Jointly-develop a Global "Internet-Plus" Strategy)
01[09:28] {@Threei}  -BLDP +10% (Signs Framework Agreement for Fuel Cell Module Development to Power Trams in China)
01[09:28] {@Threei}  -SIGM +9.6% (earnings)
01[09:28] {@Threei}  -OXM +8.6% (earnings)
01[09:28] {@Threei}  -CY +5.6% (ISSI agrees To Cypress Semiconductor's raised $20.25/shr cash offer)
01[09:28] {@Threei}  -CSG +4.6% (Said to be exploring a sale after receiving some takeover interest)
01[09:28] {@Threei}  -JCI +4.5% (To Explore Strategic Options For Separation Of Automotive Business)
01[09:28] {@Threei}  -OIH +4.3% (OPEC Keeps 2015 Oil Demand Growth Forecast Unchanged at 1.18M B/D)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -ESPR -20% (FDA advisory panel votes 13 to 3 in favor of risk profile for cholesterol drug Praluent, developed by Regeneron and Sanofi)
01[09:28] {@Threei}  -BDBD -18% (negative guidance)
01[09:28] {@Threei}  -SALT -17% (Offering $200M in common stock)
01[09:28] {@Threei}  -HRTX -3.8% (Prices 4.8M share offering at $24.75/shr)
01[09:28] {@Threei}  -REGN -3.7% (profit taking following FDA advisory panel votes 13 to 3 in favor of risk profile for cholesterol drug Praluent)
01[09:28] {@Threei}  -GPRO -3.0% (cautious comments by Citi; guides long-term gross margin target of 42-44%)
01[09:28] {@Threei}  -MFRM -3.0% (earnings)
[09:29] {dino} espr 77.21 gap
01[09:32] {@Threei} Long Setup:  FB  .90 break
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1:2
01[09:35] {@Threei}  1:3
[09:35] {dino} espr smr l .84
[09:37] {dino} out espr 81.69, +1.85
01[09:37] {@Threei}  wtg
[09:37] {dino} pulp
01[09:39] {@Threei} Long Setup:  WFC  .10 break
01[09:39] {@Threei}  If holds  57
[09:39] {dino} smr l .92
[09:40] {dino} stop .60, -.32
01[09:42] {@Threei} Short Setup: FB  .25 break
01[09:42] {@Threei}  If holds  .35
01[09:44] {@Threei}  1:1  WFC
01[09:45] {@Threei}  no go fb
01[09:45] {@Threei}  1 cent to target
01[09:47] {@Threei}  rinse... bastage
01[09:49] {@Threei}  1:2  WFC
[09:50] {dino} espr smr l .44
01[09:59] {@Threei} Long Setup:  TWTR  .80 break
01[09:59] {@Threei}  If holds  .70
[10:03] {RonS} curious lack of block volume espr
01[10:09] {@Threei}  1:3  WFC
01[10:09] {@Threei}  out
01[10:14] {@Threei} Short Setup: MCD  .90 break
01[10:14] {@Threei}  ugh... late
01[10:14] {@Threei}  in on bounc
01[10:18] {@Threei}  1:1  TWTR
01[10:22] {@Threei}  no go MCD
01[10:26] {@Threei} Short Setup: FB  .75 break
01[10:27] {@Threei}  If holds  .85
[10:29] {dino} semi drop
01[10:33] {@Threei}  trail FB to .81
01[10:34] {@Threei}  meh
[10:35] {dino} semi sm l .19
01[10:36] {@Threei} Long Setup:  LUV  35 break
01[10:36] {@Threei}  If holds  .90
[10:39] {dino} glob spike
[10:40] {dino} out semi .50, +.31
[10:40] {RonS} something out of Ghostbusters?
[10:40] {RonS} gj semi
[10:41] {dino} ty
[10:43] {dino} glob sm s .37
[10:48] {dino} i froze that
[10:48] {dino} espr pause
[10:48] {dino} bdbd drops again
[10:49] {dino} bdbd hl l .01
[10:50] {dino} stop is lod
[10:52] {dino} espr higher lows/higher highs
[10:58] {dino} semi hard stop .53
01[10:59] {@Threei}  (GR) ECB said to raise ELA ceiling to $83B from €80.7B - financial presskeep ELA collateral haircuts and elibility unchanged
[11:00] {dino} print, print, print
[11:01] {dino} damn nemo, its still buy the 17,700s
01[11:01] {@Threei}  as if there were any doubt
[11:02] {dino} just realized nemo mia
01[11:02] {@Threei}  will be late today
[11:02] {dino} captain obvious, lol
[11:05] {RonS} bdbd needs to sell itself to wwav...both are w/in a mi of each other
[11:07] {dino} you seeing anything ron?
[11:08] {RonS} 3 d guys strong...solar too...financials...someone bot 10k nov 27's pgr
[11:09] {dino} ty
[11:10] {nemo} why market so happy
[11:10] {dino} can espr take out hod? i'm riding common and calls fron 76.44
[11:10] {RonS} wow
[11:11] {dino} my gut says 85 area
[11:14] {dino} sold the espr calls, +2.00 /+33%
[11:15] {nemo} was there news on that spike
[11:15] {dino} no
[11:15] {dino} yes nemo, something about fda on drug
[11:15] {cosmo} bond holders moving into stocks?
[11:15] {dino} but uts not their drug from what i gather
[11:15] {nemo} not a bad theme
[11:16] {RonS} GERMANY SAID TO CONSIDER SETTLING FOR ONE GREEK REFORM UP FRONT
[11:17] {RonS}  GERMANY SAID TO CONSIDER OFFERING GREECE STAGGERED DEAL ON AID
[11:17] {dino} greece will gladly pay you tomorrow for a hamburger today
[11:17] {cosmo} Opah
[11:17] {RonS} ...comments from 'sources'...
[11:22] {dino} glob cov/stopped .55 -.18
[11:23] {dino} out remaining semi .64 +.45
[11:27] {RonS} mjn drop
[11:30] {RonS} hearing jpm lowered mjn incl etimates...
[11:30] {dino} sm l .10 mjn
[11:31] {dino} out mjn .40, +.30, ty ron
[11:32] {RonS} np...shoulda been faster... :)
[11:33] {dino} yeah, should've held longer too
[11:34] {RonS} lots of rad call buying today
01[11:35] {@Threei}  (GR) Spain Fin Min de Guindos: A Greece exit from the EMU is off the table, want to keep Greece in the EMU
[11:35] {dino} bdbd won't move, tighten to .89
[11:37] {dino} me thinks spain protests too much
[11:37] {dino} they are next
[11:48] {dino} dlr spike
[11:49] {dino} looking to acquire another company
[11:49] {dino} wierd because few years ago the acquiring companys' stock usyally dropped, now they blast off
[11:56] {RonS} etsy bitsy strength
[11:56] {dino} yesterday too
[12:04] {dino} wait for it....out espr 82.44.....from 76.44...+6.00
[12:07] {dino} tough crowd
01[12:08] {@Threei}  we fainted
[12:09] {dino} :)
[12:10] {dino} lly at it again, spikey
[12:19] {dino} damn, espr straight to 85 like my gut said earlier. was hoping for pullback
[12:21] {RonS} you suck...  :0
[12:21] {dino} roflol
01[12:21] {@Threei}  lol
06[12:21] * dino slaps RonS around a bit with a large trout
[12:23] {dino} shld getting killed this week -14
[12:33] {dino} calling it a day. thx all
01[12:34] {@Threei}  take care dino
[12:34] {dino} u2, back tomorrow
01[13:59] {@Threei}  *(US) MAY MONTHLY BUDGET STATEMENT MAY: -$82.4B V -$97.0BE
01[14:24] {@Threei} Long Setup:  IWM  .25 break
01[14:36] {@Threei}  change to .20
01[15:24] {@Threei}  ok... going to try VXX .40 break
01[15:24] {@Threei}  as a last attempt
01[15:24] {@Threei}  with stop .34
01[15:39] {@Threei}  move your butt VXX
01[15:46] {@Threei}  time's pressing, stop to .39
01[15:54] {@Threei}  ok... out with tiny scalp
01[15:54] {@Threei}  have a good evening guys, see you tomorrow

June 09 2015

Another strong day, with notable 1:5 and 1:3 shorts on FB, among others.

Session Time: Tue Jun 09 00:00:00 2015

[08:56] {dino} gm
01[08:58] {@Threei}  dino :)
[09:15] {RonS} gm
01[09:15] {@Threei}  ron :)
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -SAGE +11% (Announces Positive Top-Line Data in Exploratory Trial of SAGE-547 in Postpartum Depression)
01[09:29] {@Threei}  -WBAI +6.3% (Tshinghua Unigroup acquires 63.5M shares for $19.50/ADS)
01[09:29] {@Threei}  -CMGE +4.8% (Enters definitive merger agreement with Pegasus Investment holdings at $1.5714/class A share, $22/ADS)
01[09:29] {@Threei}  -PLAY +4.6% (earnings)
01[09:29] {@Threei}  -CASY +4.3% (earnings)
01[09:29] {@Threei}  -LULU +3.2% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -ZQK -21% (earnings)
01[09:29] {@Threei}  -BURL -7.2% (earnings)
01[09:29] {@Threei}  -UNFI -6.8% (earnings)
01[09:29] {@Threei}  -NBIX -5.0% (Provides Update on NBI-77860 Program for Congenital Adrenal Hyperplasia; FDA place program on partial clinical hold)
01[09:29] {@Threei}  -AAL -2.3% (Guides Q2 PRASM lower)
01[09:32] {@Threei} Long Setup:  IWM  .75 break
01[09:32] {@Threei}  If holds  .65
01[09:32] {@Threei}  1:1
01[09:34] {@Threei} Short Setup: FB  .85 break
01[09:35] {@Threei}  If holds  .95
01[09:36] {@Threei}  1:1
01[09:37] {@Threei} Long Setup:  FCX  .80 break
01[09:37] {@Threei}  If holds  .70
01[09:38] {@Threei}  1:2  FB
[09:38] {dino} .
01[09:40] {@Threei}  1:3
01[09:43] {@Threei}  closed at 1:5
01[09:43] {@Threei}  too soon
01[09:44] {@Threei}  FCX stays near high
01[09:44] {@Threei}  SPY bounce shoull send it flying
01[09:49] {@Threei}  stop to .74
01[09:55] {@Threei}  meh
01[09:59] {@Threei}  good tightening
[10:08] {nemo} fcx
[10:13] {dino} .
01[10:16] {@Threei} Short Setup: FB  .90 break
01[10:17] {@Threei}  If holds  80
01[10:21] {@Threei}  1:1
01[10:23] {@Threei}  frikin FCX rinsed
01[10:25] {@Threei}  1:2
[10:28] {dino} yeah, re-entered .79
01[10:28] {@Threei}  FCX? nice
01[10:28] {@Threei}  1:2
01[10:29] {@Threei}  sorry, wrong button
01[10:29] {@Threei}  1:3  FB
01[10:29] {@Threei}  out
[10:31] {dino} yes
[10:31] {dino} stop to .92
01[10:33] {@Threei}  FB is bottomless today
[10:38] {dino} out fcx .98, +19
[10:38] {dino} .
01[10:38] {@Threei}  nice
[10:40] {dino} ty
01[10:46] {@Threei}  Branm, missed couple spectacular plays
01[10:49] {@Threei} Long Setup:  MCD  95 break
01[10:49] {@Threei}  If holds  .90
01[11:01] {@Threei}  stop to .94
01[11:05] {@Threei}  meh
01[11:21] {@Threei} Short Setup: PCG  .64 break
01[11:22] {@Threei}  If holds  .71
01[11:22] {@Threei}  OCD numbers
01[11:27] {@Threei}  things slowed down to a crawl
01[11:43] {@Threei}  1:1
[11:45] {dino} pcg to .53
01[11:46] {@Threei}  choking it :)
[11:47] {dino} to .51, yeah
[11:48] {dino} out .49, +.14, ty 3i
[11:48] {dino} gotta hop for hour
01[11:50] {@Threei}  yw
01[11:56] {@Threei} Long Setup:  VXX  .40 break
01[11:56] {@Threei}  If holds  .33
01[11:56] {@Threei}  just a scalp most likely
01[12:06] {@Threei}  Greece submitted another proposal to its creditors and EU officials again called the offer inadequate. The two sides continue negotiations in the vain hope that PM Tsipras could potentially seal a deal with the leaders of Germany and France at a summit in Brussels on Wednesday. Few believe that is possible, however, and the meeting itself is still not yet official.
01[12:07] {@Threei}  Invalidated
01[12:16] {@Threei}  1:2  PCG
01[12:17] {@Threei}  closed this one
[12:30] {dino} .
01[12:31] {@Threei}  you make a lot of good points today dino
[12:31] {dino} ty, lol
[12:31] {dino} i se i didn't miss much
01[12:32] {@Threei}  no
01[12:32] {@Threei}  slow time
[12:52] {dino} esty spikey
[12:52] {dino} etsy i mean
01[12:54] {@Threei}  sounds like a hooker's nickname
01[12:54] {@Threei}  spikey etsy
[12:55] {dino} lol
[12:56] {dino} break .00 sm s
[12:57] {dino} no go
[12:58] {dino} maybe it is, starting to get that hooker spread
[13:03] {dino} etsy sm s .00
01[13:13] {@Threei}  nice breakdown
[13:15] {dino} ty
[13:15] {dino} bs to .90
[13:15] {dino} not getting the bigger moves lately, thinking have to go to half lots
[13:19] {dino} cov .90, +.10
[13:21] {dino} damn
01[13:21] {@Threei}  ugh
[13:24] {dino} that sucked
01[13:24] {@Threei} Long Setup:  FB  .90 break
01[13:24] {@Threei}  If holds  .80
[13:29] {dino} loxo spike
[13:29] {dino} shop spike
[13:35] {nemo} VXX
[13:36] {dino} shop sm s .65
[13:40] {dino} dbd
[13:42] {dino} sm s .46
01[13:42] {@Threei}  no go
[13:45] {dino} cov dbd .86, +.60
01[13:45] {@Threei}  wtg
01[13:46] {@Threei}  good spot on VXX nemo
01[13:46] {@Threei}  I slept through it
[13:47] {dino} pulp
[13:50] {dino} shop stopped .97 -.32
[13:54] {dino} dbd sm s .53
[13:58] {dino} stopped .73 -.20
[14:01] {dino} ueps spike
[14:07] {dino} dbd sm s .50 break
[14:09] {dino} scratch it
[14:15] {dino} dbd battle ground .50 area
01[14:17] {@Threei} Long Setup:  VXX  .25 break
01[14:17] {@Threei}  If holds  .17
[14:23] {Raven} White House briefing room evacuated ... prolly due to extreme levels of bs in the air
[14:23] {dino} lol
[14:25] {dino} xncr spike
[14:27] {dino} ueps channelling .05-.28
[14:28] {cosmo} maybe someone in that room had bad gas...
01[14:28] {@Threei}  markert hasn't even blinked
01[14:28] {@Threei}  if nything, it upticked
[14:28] {Raven} (is there good gas?)
01[14:29] {@Threei}  tells how how it takes current administration
[14:31] {cosmo} Raven, I'm checking...
01[14:31] {@Threei}  do we want to know how?
[14:31] {Raven} ohmygod
01[14:32] {@Threei}  I guess not
[14:34] {dino} lol
[14:34] {Raven} Baghdad Josh Earnest was yammering at  the time
[14:37] {dino} dbd sm s .50 break
[14:37] {Raven} Reporters returning to resume listening to the lies
01[14:39] {@Threei}  in gas masks?
[14:39] {cosmo} They say good gas comes in cans. Tell the reporters
[14:39] {cosmo} spray cans...
[14:39] {Raven} sigh
[14:41] {dino} cov dbd .23, +.26
[14:42] {nemo} aapl looks short
01[14:43] {@Threei}  frikin FB
01[14:43] {@Threei}  got away
[14:46] {nemo} short .82 aapl
[14:46] {nemo} stop above .90
[14:47] {nemo} 1:1
[14:48] {nemo} stop .76
[14:49] {nemo} aapl drops .60 looking at .40, the figure, and vwap
[14:51] {nemo} mmmhhh stop order didn't trigger
[14:52] {nemo} frankly didn't see .76 go by anyway
[14:52] {nemo} this could get interesting
[14:53] {nemo} stop to .66
[14:53] {nemo} I'd do .666 but I can't do three decimals
[14:55] {dino} understood
[14:58] {nemo} ahh well
[15:00] {nemo} it'll probably go now
[15:02] {dino} nice aapl short
[15:02] {nemo} they're distributing aapl...nobody really buying anymore
[15:04] {dino} out vdsi sept calls, +1.35 / 63%
01[15:06] {@Threei}  wtg
01[15:06] {@Threei}  LVS Ticking lower on circulation of blog reports that purported links to organized crime are to be unsealed
[15:08] {dino} ty
01[15:09] {@Threei}  grabbed short on 52 break, too fast to post alert
01[15:11] {@Threei}  half out +.23
[15:11] {dino} nice
01[15:11] {@Threei}  anyone got it?
[15:12] {dino} no
[15:19] {nemo} no bid on aapl
[15:20] {nemo} just machines playing range games
[15:20] {dino} sarah conner
[15:20] {nemo} which one?
[15:21] {dino} i like the 1st one
[15:21] {nemo} original, or the Heddey chick in the series
[15:21] {dino} original
[15:21] {nemo} Oh jeez, saw a woman I graduated HS with...horrible
[15:21] {nemo} bye bye appl
[15:22] {nemo} c'mon drop .40
[15:23] {dino} nice
[15:23] {nemo} should test .25-the fig
[15:23] {nemo} then maybe vwap
[15:30] {nemo} I think tomorrow gonna' be a bad day
[15:31] {dino} ?
[15:31] {nemo} market
01[15:31] {@Threei}  I'd label it as a good day
[15:32] {dino} why?
[15:32] {nemo} can't hold a bid
[15:32] {dino} churning is what i see
[15:32] {nemo} think down tomorrow unless some goldilocks news comes out
[15:32] {nemo} distribution
[15:32] {dino} still in that range, buy 17600-700 sell 18,200
[15:38] {dino} lly luv today
[15:40] {dino} lly getting spikey
01[15:41] {@Threei} Long Setup:  WFC  .70 break
01[15:41] {@Threei}  If holds  .64
[15:42] {nemo} wow lly
01[15:42] {@Threei}  LUV Ticks up on circulation of JP Morgan commentary suggesting LUV is raising some prices
01[15:45] {@Threei}  Invalidated
01[15:45] {@Threei}  ok guys, ending on this
01[15:45] {@Threei}  pretty decent day
01[15:45] {@Threei}  thank you all, have a good evening
01[15:45] {@Threei}  see you tomorrow
[15:47] {dino} gn

June 08 2015

One of those wonderful "can do no wrong" days when every trade works. Many strong ones, some scalps, some traditional stocks, some out of the left field, amounting to very nicely profitable day.



Session Time: Mon Jun 08 00:00:00 2015
[09:04] {RonS} gm
01[09:05] {@Threei}  ron :)
[09:11] {nemo} low SPY volume
01[09:23] {@Threei}  Upside:
01[09:23] {@Threei}  -MXL +8.5% (Soros Fund Mgmt discloses 5.19% passive stake)
01[09:23] {@Threei}  -GLPG +7.1% (several brokers initiate w/positive rating)
01[09:23] {@Threei}  -AGEN +4.9% (momentum from Merck collaboration)
01[09:23] {@Threei}  -SHLD +4.2% (earnings)
01[09:23] {@Threei}  -BRLI +3.2% (earnings)
01[09:23] {@Threei}  -CYBR +2.5% (momentum from US government employees hack)
01[09:23] {@Threei}  -FEYE +2.4% (momentum)
01[09:23] {@Threei}  -OPK +2.4% (momentum)
01[09:23] {@Threei}  Downside:
01[09:23] {@Threei}  -BUD -3.2% (profit taking from M&A speculation run-up)
01[09:23] {@Threei}  -DEO -2.2% (profit taking from M&A run-up re: Lemann potential purchase)
01[09:23] {@Threei}  -SHPG -2.7% (press report re: informal approach for ATLN.CH few weeks ago)
01[09:23] {@Threei}  -WYNN -3.4% (negative Macau broker commentary LVS -3.3%)
01[09:27] {@Threei}  Barron's looks at the field of 19 Republican presidential candidates and picks the strongest seven from among them, noting that though Marco Rubio and Ted Cruz will have staying power, the final contenders are likely to be Jeb Bush and Ohio governor John Kasich.
01[09:31] {@Threei} Long Setup:  FB  .80 break hl
01[09:32] {@Threei}  If holds  .70
01[09:32] {@Threei}  change to .75
01[09:33] {@Threei}  1:1
01[09:33] {@Threei}  1:2
01[09:36] {@Threei}  (RU) Russia May Light Vehicle Car Sales Y/Y: -37.7%
01[09:36] {@Threei}  nice performance
01[09:39] {@Threei} Short Setup: JPM  .45 break
01[09:39] {@Threei}  If holds  .55
01[09:43] {@Threei}  1:1
01[09:46] {@Threei} Long Setup:  VXX  .30 break
01[09:46] {@Threei}  If holds  .20
[09:47] {nemo} chopfest
01[09:50] {@Threei}  let's crash, SPY
01[09:51] {@Threei}  a bit crasher please
01[09:51] {@Threei}  or is it crashisher
01[09:55] {@Threei}  let's trail stop to .24
[09:56] {dino} tbra spike, thin
01[10:00] {@Threei}  half out
[10:01] {dino} expe drop
01[10:03] {@Threei}  stop .29
01[10:09] {@Threei}  HUM Reportedly cancels from the appearance at a Goldman Sachs conference
[10:09] {dino} expe sm l .75
01[10:10] {@Threei}  FB Said to have given up on plan to build satellite to provide internet service to remote areas in places like Africa
01[10:10] {@Threei}  because Africa is hard
01[10:11] {@Threei}  let's better spy on US users
[10:13] {dino} expe to b/e
[10:14] {dino} scty drop
[10:16] {dino} expe stopped flat
01[10:19] {@Threei} Short Setup: TWTR  .75 break
[10:20] {dino} scty sm l .65 stop .47
01[10:21] {@Threei}  If holds  .85
01[10:25] {@Threei}  die TWTR
01[10:25] {@Threei}  and tweet us from the other side
01[10:26] {@Threei}  from another shore of Stix
01[10:27] {@Threei}  where chaeron will introduce you to osiris
01[10:27] {@Threei}  how's that for mixed metaphore?
[10:27] {nemo} quite
[10:28] {dino} out scty .94, +.29
01[10:30] {@Threei}  1:1
[10:36] {dino} chrs spike
[10:37] {nemo} the small bios have been going nuts
[10:37] {dino} yeah, short killers
[10:40] {dino} tbra crazy
[10:41] {dino} chrs sm s .20 gappy
[10:48] {nemo} was there any aapl news?
[10:48] {dino} music broad band or something
[10:48] {RonS} they have some kind of developers conference today
01[10:52] {@Threei}  [AAPL] Said to unveil augmented music service that will challenge Spotify and Pandora on Monday - financial press - Report noting the "Apple Music" to be launched during a keynote presentation kicking off the company's weeklong Wordwide Developers Conference.- Follow up: Apple is also said to be building a high-speed data network and upgrading how it builds data centers to better compete with cloud services from Google, Amazon and Microsoft. Apple wants to own pipes linking its four large U.S. data centers and Internet hubs in certain cities to ensure fast, reliable delivery of content and services.
[10:52] {dino} chrs bstopped .48 -.28
[10:54] {dino} amsc
[10:57] {dino} amsc s .60
[11:02] {RonS} many noting that aapl has dropped every day of this conference 2003-2014...
[11:06] {dino} celg
[11:07] {RonS} celg takeout chatter...
[11:08] {dino} ptct spike, hell f a daily
[11:17] {RonS} pozn for a pretty picture...
[11:19] {dino} signed $140m agreement?/
01[11:20] {@Threei}  Announces Strategic Acquisition of Tribute and Growth Capital Commitment from Leading Healthcare Sponsors for $146M Announced the acquisition of Tribute Pharmaceuticals Canada Inc. (Tribute) (TSXV:TRX or OTCQX:TBUFF), a Canadian specialty pharmaceutical company, in a transaction valued at approximately US$146 million.
[11:20] {dino} amba crazy again
[11:22] {dino} pozn sm s .52
[11:25] {dino} cov amsc .45, +.15
01[11:26] {@Threei} Short Setup: MON  .60 break hl
01[11:27] {@Threei}  Invalidated
01[11:27] {@Threei} Short Setup: KLAC  .40 break
01[11:28] {@Threei}  If holds  .50
01[11:29] {@Threei}  1:1
[11:32] {dino} pozn bs to .25
[11:34] {dino} cov pozn .22, +.30
[11:35] {dino} damn, nran bs too tight
01[11:36] {@Threei}  1:2
[11:37] {dino} gj
01[11:38] {@Threei}  ty
01[11:38] {@Threei}  decent day
01[11:38] {@Threei}  morning
01[11:40] {@Threei}  1:3
01[11:40] {@Threei}  out
01[11:52] {@Threei}  1:4
[12:13] {dino} wso drop
[12:15] {dino} smr l .20
01[12:18] {@Threei} Long Setup:  TWX  .55 break hl
01[12:18] {@Threei}  If holds  .45
01[12:19] {@Threei}  The G7 meeting has wrapped up with lots of headlines, some rumors and President Obama's press conference. Overnight a French official was quoted as saying Obama told fellow G7 leaders that the strong dollar is a problem, drawing a swift rebuttal from US officials. G7 members said they were prepared to implement more restrictive measures to boost costs to Russia for its actions in Ukraine and talked about speeding up trade talks.
01[12:21] {@Threei}  Invalidated
01[12:38] {@Threei} Short Setup: SPWR  .80 break
01[12:39] {@Threei}  If holds  .90
[12:59] {RonS} Greek finance minister says we need a deal in order to avert an 'accident'
01[13:00] {@Threei}  accident eh
01[13:00] {@Threei}  after 5 years of bickering Greece accidentally fell out of EU
01[13:00] {@Threei}  I like it
01[13:12] {@Threei}  1:1
01[13:28] {@Threei}  1:2
[13:29] {dino} gj
01[13:29] {@Threei}  ty
01[13:29] {@Threei}  nice day shapes up
[13:29] {dino} bit light here
01[14:13] {@Threei}  1:3  SPWR  baby, close enough
01[14:13] {@Threei}  out'
01[14:24] {@Threei}  (GR) Greece and lenders said to be considering an extension to bailout program through the end of March 2016, Greece not supportive of a program after March - financial press - funds to help Greece may come mostly from the recapitalization funds that are left over
01[14:25] {@Threei}  lol
[14:25] {dino} kick the can
01[14:25] {@Threei}  this makes no sense
01[14:26] {@Threei}  if there are enough funds to sustain Greece for another year, what is the hoopla about
[14:27] {dino} politicians trying to look like they avoided a crisis
[14:39] {dino} clmt sm l .96
[14:48] {dino} ohgi spike
[15:01] {dino} clmt stopped .77 -.19
[15:09] {dino} out wso .51, +.21
01[15:18] {@Threei}  [SMSI] Ticking higher on circulation of reports that Facebook is promoting beacon advertising - Source TradeTheNews.com
01[15:18] {@Threei} Long Setup:  VXX  .40 break
01[15:18] {@Threei}  If holds  .30
[15:33] {dino} eglt sm s .30
[15:34] {RonS} what number do i call to trade this?
01[15:34] {@Threei}  move your butt VXX, while we are young
01[15:35] {@Threei}  lol ron
01[15:35] {@Threei}  trades by appointment
01[15:38] {@Threei}  half out baby
01[15:38] {@Threei}  beautiful day
[15:39] {dino} gj vad
01[15:39] {@Threei}  ty
01[15:39] {@Threei}  one of those "can do no wrong"
[15:46] {dino} atml spike and halt
01[15:46] {@Threei}  [ATML] Reportedly working with advisors on strategic options that could include a sale of the company
[15:55] {dino} aac sm l .48
01[15:55] {@Threei}  ok guys, closing VXX here
01[15:55] {@Threei}  thank you all, have a good evening
01[15:55] {@Threei}  see you tomorrow
[15:59] {dino} out eglt .37 -.07
[15:59] {dino} gn all

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Greece and Looming Fed Action Spur More Volatility
Fri, 05 Jun 2015 16:04 PM EST

Choppy trading in stocks, bonds, and currency whipped the markets around this week. At his post rate-decision press conference, ECB President Draghi warned that people need to get used to heightened volatility, adding more instability to an already unpredictable market. Greece crept closer to the edge, as leaders in Athens held out from agreeing to their creditors' "final offer" and pushed back repayments of IMF debt until the end of June. The US May jobs data was very strong, keeping alive the prospect of a September Fed hike, rekindling jitters that higher rates are in sight. The Atlanta Fed raised its tracking estimate for Q2 GDP by three-tenths to 1.1% after the trade deficit narrowed to $40.9 billion in April from March's six-year high of $51.4 billion, a steeper decline than expected. More breathtaking volatility on the Shanghai Composite ended in a nearly 9% rally on the week after official PMI numbers missed expectations and sustained hopes for more PBoC easing. In the same timeframe, US stocks mostly lost ground: the DJIA slipped 0.9%, the S&P500 fell 0.7%, while the Nasdaq was flat on the week.

Bond volatility was extremely pronounced this week as traders juggled monetary policy divergence between the US and the rest of the world against the threat of a Greek default. The yield on the German 10-year bond soared from 0.50% last Friday to an eight-month high of 0.99% on Thursday before easing slightly on Friday. The 10-year US yield hit a fresh 2015 high of 2.44% on Thursday and matched that level again after the jobs report, up from 2.12% last Friday. EUR/USD was similarly volatile, rising more than four and a half big figures from 1.0900 as high as 1.1380 on Thursday before the strong jobs report sent the pair back as low as 1.1050. USD/JPY was less choppy as the pair tested the key level of 124.50 all week before breaking higher on Friday, to 125.80, after the jobs report.

The May US jobs report was the best yet in 2015: non-farm payrolls gained 280K from a revised 221K total in April, and the number of discouraged workers fell to the lowest level since 2008. The unemployment rate rose one-tenth to 5.5%, but that was largely attributable to a rise in the workforce participation rate. After wage growth data missed expectations in two of the last three months, the May report was better than forecast, with hourly earnings rising 0.3% in the month and taking the y/y growth rate to a five year high of 2.3%. The jobs data solidified market expectations of a rate hike in September, as reflected by fed funds futures.

Ahead of the jobs report, the IMF had cut its 2015 US growth forecast to +2.5% from +3.1% and called on the Fed to delay its first rate hike until 2016. The IMF said it does not expect inflation to reach the Fed's 2% inflation forecast until mid-2017 and warned rate hikes could trigger abrupt rebalancing in global markets. Dovish Fed governors Brainard and Tarullo seconded some of the IMF's critiques. Brainard cautioned that if Fed policy diverges from other central banks, US financial conditions would tighten and slow the normalization process. Tarullo said the US economy had lost momentum and asserted that sluggishness in Q1 could not be blamed entirely on transitory issues like the weather and the West Coast ports slowdown.

There was no letup in the Greece rollercoaster this week. On Monday, Greece's major creditors presented Athens with a "final offer" and warned rejection could put the nation in default. Meanwhile, the Greeks offered a counterproposal which offered no new concessions on pension and labor issues. The creditors continue to ask for pension cuts, VAT tax reform and sustained privatization. Athens is disputing the pension and VAT reforms, and wants lower primary budget surplus targets. According to reports, creditors want a budget surplus of 1% of GDP this year and 2% next, while Greece has proposed 0.8% for 2015 and 1.5% for 2016. Snap elections are looking like a possibility as Syriza's left wing makes more complaints about the negotiations. Negotiations between Athens and its creditors are to continue this weekend.

At the ECB's post rate-decision press conference, Draghi reaffirmed the council's commitment to following through with its full slate of QE bond purchases through 2016 and crowed that all is going exactly according to plan. The ECB staff raised its 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 the ECB's target and that the total amount of purchases under QE should be adequate, and suggested if anything the ECB could even expand purchases if necessary.

As expected, OPEC maintained its current production ceiling unchanged at 30M bbl per day at its spring meeting in Vienna. Saudi Oil Minister al Naimi claimed the meeting was amicable, however other sources suggested that many non-Gulf OPEC members had lobbied hard for a production cut to help support prices. Russian representatives were in Vienna, and Russia Energy Minister Novak seemed to support the organization's decision to hold steady, saying that any coordinated oil production cut would be detrimental in the longer run. The Iranians meanwhile promised to hike output 1.0M bpd as soon as sanctions are lifted, but delegates said they would address any Iran production increase only after it was a reality.

May auto sales rose to a seasonally-adjusted annualized rate of 17.8M units, the highest sales rate since the summer of 2005. General Motors and Fiat Chrysler sales were better than expected, up 3% and 4% y/y, respectively. Ford's sales also beat expectations, but fell 1.3% y/y, including a 9.7% y/y decline in the company's F-series trucks. Toyota and Nissan saw slight y/y declines, with sales in line with expectations.

The big merger news of the week was Altera, which agreed to be acquired by Intel for $16.7 billion in stock and cash, in a deal valued at $54 a share. Opko Health agreed to buy Bio-Reference Laboratories in an all-stock deal valued at about $1.5 billion. Opko said it would pay 2.75 shares for each Bio-Reference share, or about $52.58 per share. Investors do not seem enthusiastic about either deal: shares of OPK are down 8% on the week, while INTC is off 7%. Shares of Dish Network pointed skyward on reports T-Mobile was pursuing the company, although CNBC's Faber cautioned that while talks between the two firms have momentum, there are plenty of issues to work out. Friday afternoon, global beverage firms bubbled higher on a report that Brazilian foods magnate Lemann is mulling a bid for Diageo, sending shares of the alcoholic beverages company up more than 5%.

The Shanghai Composite bounced nicely after the steep selloff late last week, and by Friday it reached new 7-year highs above the 5,000 mark for a rather lucky 8.888% weekly gain. May PMI data continued to favor the official figures gauging performance of state-owned enterprises over the smaller firms measured by HSBC. The official manufacturing PMI was in expansion for the 3rd straight month, rising fractionally to 50.2, while the HSBC version marked its 3rd straight contraction. China's official non-manufacturing PMI slid to 53.2 from 53.4, a 3-year low. Economists with HSBC as well as Goldman Sachs were generally unimpressed with the results, anticipating continued steady easing by the PBoC. Next week will see the release of China's other mainstay metrics for May, including inflation, trade, lending and industrial output.

In contrast to China, the stock market in Australia has rolled over, with S&P/ASX falling some 5% for a 4-month low below 5,500. Investors had anticipated the RBA to recommit to an easing bias at its decision this week, but the policy board took a more neutral and data-dependent view in light of a slightly better than expected Q1 GDP report. Later in the week, incoming data only justified more caution, with retail sales growth slowing to a 1-year low and trade balance posting its biggest deficit on record going back to the early 1970s.

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