Between holidays and tech troubles yesterday, a trading session worth waking up for. Quiet but nicely profitable.
Session Start: Tue Dec 30 09:03:20 2014
[09:09] {cosmo} just wondering how long I stay connected this time...
01[09:09] {@Threei} we are unworthy of knowing that
[09:10] {cosmo} riding a roller coaster with a blindfold on
01[09:11] {@Threei} that' a good definition of life
[09:11] {cosmo} these days...yes
[09:16] {dino} gm
01[09:17] {@Threei} dino :)
[09:17] {Jenh} gm
01[09:17] {@Threei} jen :)
01[09:24] {@Threei} SPY down, gold up - Greece contagion fears
01[09:24] {@Threei} just like 5 years ago
01[09:24] {@Threei} only a few billion dollars less
01[09:24] {@Threei} which is nothing between friends
[09:25] {nemo} not just like 5 years ago...no limit down opens yet
01[09:26] {@Threei} holidays... give it time
01[09:26] {@Threei} and closer to election
01[09:27] {@Threei} Upside:ARCP (Corvex discloses stake and talks for a board seat)NRDM (positive phase IIa Parkinson's drug data)CNV (recent IPO initiated with multiple Overwieght/Buy ratings)KNDI (report that China to extend green vehicle subsidies)XNPT (RBC analyst made positive comments)
01[09:27] {@Threei} Downside:CVEO (guides lower on drop in oil sands spending)JST (terminates $8.80/shr going private transaction)PG (downgrade to Neutral at BTIG)
[09:27] {RonS} gm
01[09:27] {@Threei} ron :)
[09:27] {nemo} so, only 7 stitches for father's leg
[09:29] {Jenh} seriously, you're dad got hurt? :(
[09:29] {nemo} knocked a knife off the counter, sliced his shin
[09:30] {Jenh} ouch sorry to hear that
01[09:33] {@Threei} Long Setup: IWM .90 break
01[09:33] {@Threei} If holds .80
01[09:34] {@Threei} 1:1
01[09:35] {@Threei} 1:2
01[09:36] {@Threei} 1:3
01[09:36] {@Threei} out in full
[09:36] {dptl} ty
[09:36] {JoebiWan} nice trade
01[09:36] {@Threei} yw
[09:36] {nemo} touched the weekly R1
[09:36] {dino} gj
01[09:37] {@Threei} ty
[09:39] {RonS} dsw spike
01[09:44] {@Threei} Long Setup: FB .15 break
01[09:44] {@Threei} If holds .05
01[09:49] {@Threei} lol
[09:49] {Jenh} wow
01[09:49] {@Threei} 1:1
[09:49] {dptl} yeah
01[09:49] {@Threei} good luck getting in
[09:50] {dptl} jp .65 short?
[09:51] {dptl} jpm
01[09:51] {@Threei} nah
[09:53] {ese} gm
01[09:54] {@Threei} ese :)
[09:54] {ese} L rfmd .75
[09:54] {ese} vad
[09:55] {ese} 3/4
[09:56] {nathan} gm
01[09:56] {@Threei} nathan :)
01[09:57] {@Threei} missed couple good ones, late sleepers
[09:57] {nathan} :-)
[09:57] {ese} nat!!!!!!!!!!!!!!!!
[09:57] {nathan} that's what a need... a couple of good ones!
[09:58] {nathan} hi ese!
01[09:58] {@Threei} don't be late then... trading sessions are short these holiday days
[09:59] {ese} is it an early day today vad?
01[09:59] {@Threei} no
[09:59] {nemo} no ese
[10:00] {ese} tks
01[10:00] {@Threei} *(US) DEC CONSUMER CONFIDENCE: 92.6 V 94.0E
[10:00] {nemo} just search on "Stock Market Holidays"
[10:00] {cosmo} you want to start early though
[10:00] {nemo} SPY bounce
[10:00] {ese} tks nemo
01[10:00] {@Threei} Long Setup: JPM ,75 break
01[10:00] {@Threei} If holds .65
[10:01] {ese} man shoulda coulda ....wanted to get at FLML buts it so thinly traded I didn't know what to do with it.........where dino when ya need him
[10:02] {nemo} he's here ese
[10:02] {dino} here
[10:04] {ese} hey dino....take a look at flml for me......could you have gotten into that around .20 or so
[10:04] {dino} i wouldn't have ese, not my edge
[10:05] {dino} so far this week, not really me, not doing much, not seeing much
[10:05] {ese} tks...
[10:05] {dino} next week things should get better
[10:05] {ese} look forward to that
[10:05] {dino} not pushing on the year end
[10:06] {dino} may grab som tm calls
[10:07] {nemo} this is spy weekly pivot
[10:07] {RonS} dino see report tm missing numbers in China?
[10:08] {dino} yes, thinking week yen play
[10:08] {dino} abe-onomics
[10:08] {RonS} dishonest abe?
[10:09] {dino} aren't they all
01[10:09] {@Threei} Long Setup: FB .90 break
01[10:10] {@Threei} If holds .80
01[10:10] {@Threei} change to .85
01[10:11] {@Threei} Invalidated
[10:13] {nathan} cmon JPM!!!!
01[10:13] {@Threei} Long Setup: FB .75 break
01[10:14] {@Threei} If holds ,65
01[10:16] {@Threei} Invalidated
[10:16] {nemo} fb red on algo
[10:16] {nemo} look for .50ish bounce
01[10:17] {@Threei} dunno... looks double-bottomish to me
[10:17] {dptl} i acedently get in .73 fb ...out
[10:17] {nemo} yeah
[10:17] {nemo} true
[10:17] {nemo} or jerkaroundish
01[10:17] {@Threei} ok JPM, your turn to shine
01[10:18] {@Threei} take .80 and fly
01[10:19] {@Threei} 1:1
[10:19] {nathan} thx 3i1
01[10:19] {@Threei} yw
01[10:30] {@Threei} Short Setup: FB .60 break
[10:31] {nemo} what, joebi head over to the Sith side of town
[10:33] {nemo} might want to two side that one
[10:34] {nemo} he came back to the light
01[10:35] {@Threei} and found you greeting him cheerfully?
[10:35] {JoebiWan} :)
01[10:36] {@Threei} no go
[10:36] {nemo} 1:1
[10:36] {dptl} stopped fb
[10:36] {nemo} I see rinse now
[10:37] {nemo} stays under .75 good chance of rinse
[10:39] {nathan} btw nemo, what's algo?
[10:40] {nemo} it's a stock filter
[10:40] {nathan} like finviz?
[10:40] {nemo} except it's real-time
[10:40] {nathan} ok thx
[10:42] {nemo} RRC looks short
[10:43] {nemo} wow cat
[10:43] {dptl} twtr short .60 break?
01[10:44] {@Threei} looks like
01[10:44] {@Threei} frikin FB
[10:44] {dptl} you 'll go for it?
[10:44] {nemo} yeah, rinse
01[10:45] {@Threei} did
[10:46] {dptl} ye in .58
01[10:46] {@Threei} it acts like salmon
01[10:48] {@Threei} 1:1
[10:48] {nathan} 1:1 thx dpti
01[10:51] {@Threei} sheesh JPM... you still have 1:2 to hit, move your heavy butt already!
[10:53] {dino} gj
06[10:57] * @Threei kicks JPM in the rear
[10:58] {dptl} out twtr balance
[11:00] {dino} cybr sm l .04
[11:01] {nathan} short C .65 break?
[11:01] {dptl} jpm trail below .80 now?
01[11:02] {@Threei} C, no
01[11:02] {@Threei} wrong market for such trade
01[11:02] {@Threei} JPM trail, yep, makes sense
01[11:02] {@Threei} .70 now
[11:02] {ese} good enough out rfmd .96 +.21
[11:02] {nathan} ok
[11:03] {dptl} .80 you mean
01[11:03] {@Threei} .79
[11:03] {ese} like dino says....no sense in pushin things
01[11:03] {@Threei} wtg ese
[11:03] {ese} tks....works for me
[11:05] {dino} gj ese
[11:06] {nathan} gj ese!
[11:11] {dptl} lvs short?58 break?
[11:13] {nemo} I'd short it closer to .15
[11:13] {nemo} unless indexes let go
[11:13] {dptl} out jp
01[11:14] {@Threei} LVSm yes, hl
01[11:14] {@Threei} LVS
[11:18] {nemo} DP...23 resistance on LVS
[11:21] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[11:21] {nathan} still markt xmas holydays?
[11:21] {dino} y
[11:21] {nathan} :-(
[11:22] {nathan} looks like the spanish xmas holydays
01[11:22] {@Threei} British scientists discovered that birthdays are good for our health. According to the statistics they gathered the more birtdays a person has the longer they live
[11:22] {dino} lol
[11:22] {Jenh} lol
[11:22] {nathan} lol
[11:22] {Jenh} ndrm
[11:23] {Jenh} sorry
[11:23] {dino} for what?
[11:23] {nemo} here DP
[11:23] {nathan} short DAL 49 break?
[11:24] {Jenh} meant to put the symbol into etrade but posted it on the chat
[11:24] {dino} ahh
01[11:25] {@Threei} DAL, chart is right, just a bit too narrow today...
01[11:25] {@Threei} don't count on much if triggers
[11:25] {Jenh} was on the big movers list so just curious
[11:27] {dino} lc spike
01[11:30] {@Threei} Long Setup: CAT .60 break
[11:34] {nemo} wow vxx just exploded
[11:37] {RonS} huge trade rates in $VXX 4700 trades in about 2 seconds
[11:37] {nemo} HFT
01[11:41] {@Threei} If holds .50
[11:51] {RonS} neon shining
01[11:51] {@Threei} hmmm
01[11:54] {@Threei} earlier today there were press reports that the US Commerce Department informed some oil companies that they may export a lightly processed form of crude oil called condensate without formal permission.
[11:54] {RonS} good news for the label makers...
[11:57] {nathan} well gents hope to see u tomorrow
[11:57] {nathan} g.luck
[11:57] {RonS} geez, neighbors out snow blowing w/ -2 temp...do nothing here sub 20...
[11:58] {ese} cya nat
[11:58] {RonS} vaya con dios
[11:59] {ese} what he said
[11:59] {RonS} means have a corn dog in spanish ese
01[12:02] {@Threei} lol
[12:04] {ese} ha ha
[12:08] {ese} catch ya later this morning.....gotta go get the license renewed
[12:09] {nemo} oh thought you had to register with the police?
[12:09] {RonS} effecient in canada, can do both at same time...
[12:09] {nemo} just keep the pets locked up when ese is around
[12:11] {nemo} EXPE looks short
[12:20] {dino} carry permit ese? :)
[12:20] {nemo} in Canada?
[12:21] {dino} opps, so bored i can't even make proper joke
[12:22] {dptl} rig .80 long?
01[12:23] {@Threei} nah
[12:33] {dino} derm sm l .69
[12:35] {dptl} have to go...see ya tomorrow all
[12:41] {nemo} BWA
[12:41] {nemo} drops .50 should be good short
[12:43] {dino} i can just imaging how slow tomorrow will be
[12:44] {nemo} as slow as my father's circulation
01[12:44] {@Threei} I think let's do a few hours tomorrow in the morning
01[12:44] {@Threei} then it's going to be useless
01[12:45] {@Threei} also, I don't know about Friday
01[12:45] {@Threei} same thing as last week, one day between holiday and weekend
[12:45] {dino} sep spike
[12:46] {dino} out derm .06, +.37
[12:47] {dino} cybr stop .70, -.34
[12:48] {dino} calling it a day, take care
[12:49] {RonS} vay con pennsylvania dutch
[12:49] {RonS} +a
[12:49] {dino} lol
01[12:54] {@Threei} wow... CAT 1:1
[12:54] {JoebiWan} we made it
01[12:54] {@Threei} hehe
[12:59] {nemo} shorted bwa .50 btw
[13:05] {nemo} out above .52
[13:08] {nemo} like FB short below .20?
01[13:08] {@Threei} chart is right
01[13:08] {@Threei} but this thing didn't really work today
01[13:45] {@Threei} (UR) Reportedly a radiation leak above acceptable levels has been detected at Ukraine's Zporizhia nuclear plant - Russia press
01[13:45] {@Threei} oh great
01[13:45] {@Threei} that's all they needed
01[13:50] {@Threei} Short Setup: GLD .30 break
01[13:50] {@Threei} If holds .40
[14:01] {JoebiWan} logix not acting right here. anyone else?
[14:02] {nemo} fine here
[14:02] {nemo} reload your layout or restart
01[14:02] {@Threei} fine here too
[14:23] {ese} hopefully it's within the Russian occupied zone
[14:23] {ese} the leak
01[14:23] {@Threei} no
01[14:23] {@Threei} no such luck
[14:34] {nemo} VXX
01[14:57] {@Threei} die already you useless shiny barbaric relic
[14:58] {nemo} it's REAL money dude
[14:58] {nemo} abide
01[14:58] {@Threei} I normally do... but not in this case
[14:59] {JoebiWan} that was intense
01[14:59] {@Threei} 1:1
01[15:00] {@Threei} intense to the point of falling asleep?
[15:00] {JoebiWan} lol yup
01[15:00] {@Threei} :)
01[15:00] {@Threei} hey, speeds up
01[15:01] {@Threei} 1:2
01[15:01] {@Threei} dp will be like "ooohhh why, why"
01[15:01] {@Threei} and we will be like "yeah!!"
[15:09] {ese} justa wanta tooa pointa outta eh datta Blackberry isah doin rader well eh......wha da ya tink eh?
[15:09] {nemo} meds ese
[15:09] {ese} lol
[15:11] {ese} by the way nemo...serious question...hows the weather there.....one of my main singers from my Midnights band is flying back today from Boston visiting relatives.....hopefully she gets back for tomorow.
[15:12] {nemo} weather is fine...accuweather.com
[15:12] {nemo} what town?
[15:13] {ese} good question a little community about 30 mins north of Boston
[15:13] {nemo} Ahhh opposite direction
[15:13] {ese} i'll find out when she gets back
[15:14] {nemo} puts her up near New Hampshire or Maine
[15:14] {nemo} unless they're out towards Cape Ann
[15:14] {ese} that sounds correct
[15:14] {nemo} since I'm from around here it should
[15:15] {ese} lol
[15:15] {ese} hmmmmmmmmmm
06[15:15] * nemo thinks, "Frickin' musicians..putz"
[15:15] {RonS} peckerhead
[15:16] {ese} like ahhh whazza you problem eh?
[15:16] {nemo} going mafia on a sicilian ese? manga la gaza
[15:17] {ese} perche non
[15:18] {ese} Potrei anche usare le mie lezioni di italiano
[15:19] {ese} 3 years of them
[15:19] {RonS} omg, and he can't spell English?
[15:20] {ese} is your background really italian sicilian nemo?
[15:20] {nemo} no, I just made it up...yes, my name ends in a vowel
[15:21] {ese} lol
[15:21] {nemo} as a matter of fact, the only vowel my name doesn't have is "U"
[15:21] {ese} when the wife and I go again hopefully next year we do want to go to sicily
[15:21] {nemo} talk about oxymoron, the root of my last name in Greek means "holy one"
[15:22] {ese} she has relatives on the west coast in a town called Gagliano Aterno.....basically in the mountains on the way to Pescara
[15:22] {RonS} prob means the one who shoots bullets...
[15:23] {ese} straight across from Rome....but Sicily is going to be the side trip
[15:23] {RonS} lol...some side trip
[15:24] {ese} eggzactilly.....
01[15:24] {@Threei} 1:3 baby
01[15:24] {@Threei} closed
[15:24] {nemo} this is the greek spelling: http://biblehub.com/greek/2413.htm
[15:25] {JoebiWan} ty 3i
01[15:25] {@Threei} yw
[15:26] {ese} am outta here all....been great sparing with ya....even though useza two are playin with with empty pistols
[15:26] {nemo} bring your dictionary next time
01[15:26] {@Threei} take care ese
[15:26] {ese} ouch.....nice finish es if i don't say so myself
[15:26] {ese} cya vad
[15:27] {nemo} compliments from ese rate right up there with watching the NY Jets play
[15:27] {ese} nemo!
[15:31] {nemo} coma city
01[15:32] {@Threei} what coma
01[15:32] {@Threei} haven't you seen us taking 1:3 on GLD
[15:32] {nemo} no
01[15:32] {@Threei} sheesh
01[15:32] {@Threei} 15:24] {@Threei} 1:3 baby
01[15:32] {@Threei} [15:24] {@Threei} closed
[15:33] {nemo} ahhh, but I'm referencing more the lack of reparte today
01[15:33] {@Threei} my mistake... thought we tried to trade here {G}
[15:34] {nemo} let's see, which Russian word to choose
01[15:34] {@Threei} - NYSE volume 342M shares, about 34% below its three-month average; - NASDAQ volume 950M shares, about 36% below its three-month average; decliners lead advancers
[15:35] {nemo} spy should top yesterday
[15:42] {cosmo} hmm....NDRM nice momentum today ...drug must really work
01[15:46] {@Threei} OK guys, thank you all
01[15:46] {@Threei} have a good evening, see you tomorrow
[15:47] {JoebiWan} cya ty
Tuesday, December 30, 2014
Friday, December 26, 2014
Market Week Wrap-up
TradeTheNews.com A
"Green" Christmas
Fri, 26 Dec 2014 16:08 PM EST
The holiday-shortened week was marked by a few more milestones as the S&P500 reached fresh all-time highs and the Dow Jones Industrial Average topped 18,000 for the first time with the Santa Claus rally in full effect. US final Q3 GDP came in at a blazing hot 5.0%, cementing feelings of good cheer, which was not in any way dampened by New Home Sales missing estimates for the third month in a row. With a strong Q3 boding well for consumer spending during the holiday season (Spendingpulse estimated Black Friday through Christmas Eve retail sales rose 5.5% y/y), the greenback maintained its firm tone against other major currencies. European markets were for the most part closed for the back half of the week, but not before posting more lackluster data. France Q3 GDP was in-line with expectations at 0.4% y/y, and Euro Zone consumer confidence was slightly better than expected but still firmly in negative territory. The DJIA has now risen for seven straight sessions, its longest winning streak since March 2013, gaining 1.4% on the week, while the S&P500 and Nasdaq each rose 0.9%.
The obsessive focus on the price of oil finally relaxed this week as WTI futures stabilized in the mid-$50's range and Brent hovered around the $60/barrel mark. Warm Christmas weather across much of the US and a lower than expected draw in the weekly natural gas inventory data led to natty gas being the big mover in the energy complex. After the data, natural gas futures tested $3.00, a two-year low.
In deal news, we saw the all too convoluted Caesars saga come to a head as CACQ confirmed it was to be acquired by CZR. This follows report last week that CZR was moving forward with a bankruptcy filing for one of its operating units after failing to come to agreements with some creditors. The Dollar store showdown (FDO, DG, DLTR) was pushed out another month with shareholder votes now scheduled for late January. Consolidation in the telecom sector was also put on ice as the FCC requested additional time to review upwards of 30 thousand documents related to the Time Warner/Comcast deal. After a brief hiatus, tax inversion talk resumed with Stryker speculated to be preparing a bid for Smith and Nephew in the coming weeks. This followed reports in late November that Stryker was said to be considering a bid as the 6 month standstill mandated by UK takeover laws was nearing its end.
Gilead was hit by new competition concerns. Following the FDA approval of ABBV's Viekira Pak as a treatment for Hepatitis C late last week, reports indicated that Express Scripts could drop Gilead's rival treatment which has faced heavy criticism for its high price. This combination led to a sharp sell off in GILD's stock early in the week from $108 to $82, with one analyst going so far as to say the move by ESRX could lead to a permanent shift in power away from drug developers and towards PBMs and insurance carriers. Gilead share rebounded late in the week on an RBC note calling for the company to take advantage of the lower share price and growing FCF to conduct large scale share buybacks.
The family of mortgage and housing firms helmed by William Erbey (OCN, ASPS, AAMC, RESI) absorbed a blow on Monday as Ocwen disclosed the settlement with the NY Department of Financial Services amounting to a $150M penalty. Notably, along with the financial repercussions, Chairman Erbey was forced to resign from all of the firms he oversaw and in which he was a large investor. Ocwen shares took a 30% haircut after the settlement was announcement, and the other stocks in the family all suffered double digit percentage losses as well.
In the FX market, the USD was consolidating from multi-year highs as the theme of central bank divergence continued to aid the greenback. On Tuesday, The EUR/USD fell to its lowest level since Aug 2012 below 1.22 before consolidation. The continued hope for full-blown ECB sovereign QE continued to push bond yields lower. The Spanish 10-year yield posted a new record low below 1.68% while Italy dipped back below the 2% level. The British pound softened after UK Final Q3 GDP year over year reading was revised lower (2.6% vs. 3.0% prelim) and the nation's current account registered its largest deficit on record. GBP/USD approached the 1.5535 level after the data release on Tuesday, hitting its lowest level since September 2013.
The Russian Ruble currency continued to stabilize as dealers noted that lower oil prices also meant a boost for most economies. The Ruble firmed on 4 of the 5 sessions during the week as the Russian Central Bank held consultations with various key exporters on hard currency revenue sales. Mid-week the Russian finance ministry felt confident enough to declare the currency crisis over, though the currency is still more than 30% weaker than it was a just a few weeks ago.
The Shanghai Composite ended the week up 1.6%, above 3150, despite a two-day slide below the psychological 3000 mark. Much of the mainland market buoyancy has been attributed to expectations for the PBoC to remain committed to a steady easing campaign as the pace of economic expansion continues to slow. In fact, the central bank's latest quarterly survey saw over 90% of bankers anticipating a "somewhat loose" policy stance in the next quarter, and nearly half of respondents expect the economy to be "relatively cool" - up about 6 percent from the prior quarter. However, the likelihood of merely cosmetic changes in policy also remains high. On Friday, the government reportedly offered a temporary waiver of requirement for banks to set aside reserves for certain deposits, and the PBoC's director of research also hinted that overall monetary policy is appropriate as money supply growth remains over 10%.
A wide set of economic data out of Japan offered few hints of a thaw from the country's technical recession. November industrial output fell on a sequential basis for the 3rd consecutive month, spoiling expectations of a rebound, even though the economy ministry remained upbeat that growth would resume in December and January. Nationwide core CPI for November also slowed to an 8-month low of 2.7%, while adjusted for the consumption tax that figure was an even more dire 0.7% - down from 0.9% in October and well below the 2% BOJ target. Despite the troubling data, BOJ Governor Kuroda remained resolute in his expectation of the inflation target being achieved in due timeframe, noting firms are increasingly more active with capital investment and private consumption is improving steadily.
Fri, 26 Dec 2014 16:08 PM EST
The holiday-shortened week was marked by a few more milestones as the S&P500 reached fresh all-time highs and the Dow Jones Industrial Average topped 18,000 for the first time with the Santa Claus rally in full effect. US final Q3 GDP came in at a blazing hot 5.0%, cementing feelings of good cheer, which was not in any way dampened by New Home Sales missing estimates for the third month in a row. With a strong Q3 boding well for consumer spending during the holiday season (Spendingpulse estimated Black Friday through Christmas Eve retail sales rose 5.5% y/y), the greenback maintained its firm tone against other major currencies. European markets were for the most part closed for the back half of the week, but not before posting more lackluster data. France Q3 GDP was in-line with expectations at 0.4% y/y, and Euro Zone consumer confidence was slightly better than expected but still firmly in negative territory. The DJIA has now risen for seven straight sessions, its longest winning streak since March 2013, gaining 1.4% on the week, while the S&P500 and Nasdaq each rose 0.9%.
The obsessive focus on the price of oil finally relaxed this week as WTI futures stabilized in the mid-$50's range and Brent hovered around the $60/barrel mark. Warm Christmas weather across much of the US and a lower than expected draw in the weekly natural gas inventory data led to natty gas being the big mover in the energy complex. After the data, natural gas futures tested $3.00, a two-year low.
In deal news, we saw the all too convoluted Caesars saga come to a head as CACQ confirmed it was to be acquired by CZR. This follows report last week that CZR was moving forward with a bankruptcy filing for one of its operating units after failing to come to agreements with some creditors. The Dollar store showdown (FDO, DG, DLTR) was pushed out another month with shareholder votes now scheduled for late January. Consolidation in the telecom sector was also put on ice as the FCC requested additional time to review upwards of 30 thousand documents related to the Time Warner/Comcast deal. After a brief hiatus, tax inversion talk resumed with Stryker speculated to be preparing a bid for Smith and Nephew in the coming weeks. This followed reports in late November that Stryker was said to be considering a bid as the 6 month standstill mandated by UK takeover laws was nearing its end.
Gilead was hit by new competition concerns. Following the FDA approval of ABBV's Viekira Pak as a treatment for Hepatitis C late last week, reports indicated that Express Scripts could drop Gilead's rival treatment which has faced heavy criticism for its high price. This combination led to a sharp sell off in GILD's stock early in the week from $108 to $82, with one analyst going so far as to say the move by ESRX could lead to a permanent shift in power away from drug developers and towards PBMs and insurance carriers. Gilead share rebounded late in the week on an RBC note calling for the company to take advantage of the lower share price and growing FCF to conduct large scale share buybacks.
The family of mortgage and housing firms helmed by William Erbey (OCN, ASPS, AAMC, RESI) absorbed a blow on Monday as Ocwen disclosed the settlement with the NY Department of Financial Services amounting to a $150M penalty. Notably, along with the financial repercussions, Chairman Erbey was forced to resign from all of the firms he oversaw and in which he was a large investor. Ocwen shares took a 30% haircut after the settlement was announcement, and the other stocks in the family all suffered double digit percentage losses as well.
In the FX market, the USD was consolidating from multi-year highs as the theme of central bank divergence continued to aid the greenback. On Tuesday, The EUR/USD fell to its lowest level since Aug 2012 below 1.22 before consolidation. The continued hope for full-blown ECB sovereign QE continued to push bond yields lower. The Spanish 10-year yield posted a new record low below 1.68% while Italy dipped back below the 2% level. The British pound softened after UK Final Q3 GDP year over year reading was revised lower (2.6% vs. 3.0% prelim) and the nation's current account registered its largest deficit on record. GBP/USD approached the 1.5535 level after the data release on Tuesday, hitting its lowest level since September 2013.
The Russian Ruble currency continued to stabilize as dealers noted that lower oil prices also meant a boost for most economies. The Ruble firmed on 4 of the 5 sessions during the week as the Russian Central Bank held consultations with various key exporters on hard currency revenue sales. Mid-week the Russian finance ministry felt confident enough to declare the currency crisis over, though the currency is still more than 30% weaker than it was a just a few weeks ago.
The Shanghai Composite ended the week up 1.6%, above 3150, despite a two-day slide below the psychological 3000 mark. Much of the mainland market buoyancy has been attributed to expectations for the PBoC to remain committed to a steady easing campaign as the pace of economic expansion continues to slow. In fact, the central bank's latest quarterly survey saw over 90% of bankers anticipating a "somewhat loose" policy stance in the next quarter, and nearly half of respondents expect the economy to be "relatively cool" - up about 6 percent from the prior quarter. However, the likelihood of merely cosmetic changes in policy also remains high. On Friday, the government reportedly offered a temporary waiver of requirement for banks to set aside reserves for certain deposits, and the PBoC's director of research also hinted that overall monetary policy is appropriate as money supply growth remains over 10%.
A wide set of economic data out of Japan offered few hints of a thaw from the country's technical recession. November industrial output fell on a sequential basis for the 3rd consecutive month, spoiling expectations of a rebound, even though the economy ministry remained upbeat that growth would resume in December and January. Nationwide core CPI for November also slowed to an 8-month low of 2.7%, while adjusted for the consumption tax that figure was an even more dire 0.7% - down from 0.9% in October and well below the 2% BOJ target. Despite the troubling data, BOJ Governor Kuroda remained resolute in his expectation of the inflation target being achieved in due timeframe, noting firms are increasingly more active with capital investment and private consumption is improving steadily.
Tuesday, December 23, 2014
Dec 23 2104
Very quiet (as expected) but nicely profitable day. Handling this holiday period very well
Session Time: Tue Dec 23 00:00:00 2014
[09:03] {dino} gm
[09:06] {dptl} gm
01[09:07] {@Threei} hey guys
[09:11] {RonS} ho ho ho everyone
[09:11] {cosmo} sounds like work
01[09:12] {@Threei} ron :)
01[09:12] {@Threei} lol
[09:19] {Jenh} gm
01[09:19] {@Threei} jen :)
[09:21] {RonS} wow oil spike over gdp and right back down
01[09:22] {@Threei} feels like oil bottom is nowhere near reached
[09:24] {dino} low 40s gut
[09:25] {RonS} cat 7 day pre high
[09:25] {RonS} fb ath
01[09:25] {@Threei} exactly where my gut puts it dino
01[09:25] {@Threei} -VNDA +20% (registers 1.8M shares)
01[09:25] {@Threei} -JRJC +20% (earnings)
01[09:25] {@Threei} -CYT +18% (signed expansion of collaboration with Astellas for development of CK-2127017 in spinal muscular atrophy)
01[09:25] {@Threei} -NQ +16% (approved $80M share repurchase program)
01[09:25] {@Threei} -ICLD +11% (signed $6.2M professional services contract for a Tier 1 client)
01[09:25] {@Threei} -AEIS +5.7% (exploring strategic alternatives for solar inverter business, expects to record $10-14M non-cash inventory charge)
01[09:25] {@Threei} -ARIA +6% (announced co-development of Iclusig to treat leukemias with Otsuka)
01[09:25] {@Threei} -CHK +4.5% (closed Southern Marcellus & Utica Shale sale; approves $1B repurchase)
01[09:25] {@Threei} -REXX +4% (cutting '15 capex outlook & updates production guidance)
01[09:26] {@Threei} Downside:
01[09:26] {@Threei} -DRL -50% (reports that the FBI raided an office)
01[09:26] {@Threei} -GMCR -3% (recalls 7M MINI Plus Brewing Systems due to burn hazard)
01[09:26] {@Threei} -SCS -5% (earnings)
[09:28] {RonS} Oil dropping. Boone changes name to Slim
[09:29] {cosmo} ...and Slim rides the bomb
[09:29] {RonS} 3i...T Boone Pickens to Slim Pickens...one of my favorite character actors
01[09:30] {@Threei} got it
01[09:30] {@Threei} (see, I am not hopeless)
01[09:31] {@Threei} (but need some explanations)
01[09:31] {@Threei} Short Setup: FB .90 break
01[09:31] {@Threei} If holds 82
01[09:31] {@Threei} 1:1
01[09:34] {@Threei} Short Setup: JPM .10 break
01[09:34] {@Threei} If holds .20
[09:35] {dino} out mei calls from thursday, +1.10 / +37%
01[09:36] {@Threei} nice
[09:37] {dino} ty
01[09:42] {@Threei} FB nice drop
01[09:43] {@Threei} no go JPM
01[09:45] {@Threei} Long Setup: TWTR .85 break
01[09:45] {@Threei} If holds .75
01[09:46] {@Threei} should be easy 1:3er
01[09:46] {@Threei} 1:1
01[09:47] {@Threei} 1:2
[09:48] {dptl} ty
[09:49] {Jenh} ty 3i!
01[09:49] {@Threei} yw
01[09:49] {@Threei} hoped for more
01[09:49] {@Threei} but market and FB drop kept it
01[09:53] {@Threei} Long Setup: FB 81 break
01[09:53] {@Threei} If holds .90
01[09:53] {@Threei} TWTR is doing it now... grrr
01[09:53] {@Threei} 1:1 FB
01[09:54] {@Threei} 1:2
[09:54] {dptl} missed
01[09:55] {@Threei} *(US) DEC FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 93.6 V 93.5E
[09:57] {JoebiWan} out fb ty 3i
01[09:59] {@Threei} yw
01[09:59] {@Threei} 1:3
01[10:00] {@Threei} *(US) NOV NEW HOME SALES: 438K V 460KE -
01[10:00] {@Threei} 10:00 *(US) NOV PERSONAL INCOME: 0.4% V 0.4%E; PERSONAL SPENDING: 0.6% V 0.5%E
[10:01] {dino} rcpt drop, amgn drop
[10:02] {dino} asps sm l .15
[10:08] {nathan} hi gents
01[10:09] {@Threei} hey nathan
[10:09] {nathan} glad to "see" you
01[10:09] {@Threei} :)
01[10:10] {@Threei} btw guys, remember ese went to Nanaimo last week?
01[10:10] {@Threei} well... we might not see him for a while:
01[10:10] {@Threei} Nanaimo RCMP seized high powered rifles, ammunition, cash, cocaine, and other drugs from a Nanaimo home early Sunday morning. Police are recommending firearms and drug charges
[10:11] {dptl} lol
[10:11] {Jenh} lol
[10:11] {nathan} lol
[10:11] {dptl} musicians eh...all cover up
[10:11] {JoebiWan} ese's a rapper?
01[10:11] {@Threei} he will try to plead "that was just christmas gift for extended family"
01[10:12] {@Threei} drummer, jw :)
[10:12] {dptl} right...thats what we thought
[10:15] {ese} gm
[10:15] {dptl} lol
01[10:15] {@Threei} ese!
[10:15] {ese} lol
01[10:15] {@Threei} you are out? on a bail?
[10:15] {dptl} here he is...escaped
[10:15] {ese} that was funny.....just got back from vancouver....
[10:16] {Jenh} amazing timing ese
01[10:16] {@Threei} got it... swam across the sound from nanaimo
01[10:16] {@Threei} escaping the police
[10:16] {ese} i feel like i'm out on bail.....what can i say...i'm a drummer....i've got great timing
01[10:16] {@Threei} hehe
[10:17] {Jenh} lol good one
01[10:18] {@Threei} Short Setup: DAL 47 break
01[10:18] {@Threei} If holds .10
01[10:22] {@Threei} 1:1
[10:24] {nathan} thx Vad
01[10:24] {@Threei} :)
01[10:25] {@Threei} 1:2
[10:25] {dptl} ty
01[10:25] {@Threei} yw
[10:26] {RonS} gild freefall
[10:27] {RonS} ....when 1.3 bil shares want out...
01[10:27] {@Threei} 1:3
[10:28] {JoebiWan} gj vad
01[10:28] {@Threei} ty
01[10:28] {@Threei} awww
01[10:28] {@Threei} Itake it back
01[10:29] {@Threei} right answer: yeah, I know
01[10:29] {@Threei} lost my dude-like cool
[10:30] {dptl} cop .40 recross long?
01[10:32] {@Threei} yes
01[10:32] {@Threei} nice setup
01[10:32] {@Threei} half lot
01[10:32] {@Threei} spread got jumpy
[10:33] {dptl} out some .50
01[10:33] {@Threei} out DAL in full
01[10:33] {@Threei} almost touched 1:4
[10:34] {dptl} all out cop 1:3
[10:34] {JoebiWan} ty dp
[10:34] {RonS} biotech murdered
[10:34] {dptl} sure dude yw
[10:34] {JoebiWan} lol
[10:34] {dptl} lol
01[10:35] {@Threei} dudeness takes over the room
01[10:35] {@Threei} good catch COP
01[10:35] {@Threei} love this kind of setups
[10:36] {dptl} learning from the best dudes
[10:36] {JoebiWan} what kind of setup would you consider that?
[10:37] {dino} rcpt gap fill
01[10:38] {@Threei} this is aggressive entry on C&H, jw
01[10:39] {@Threei} cap just started turning up from the bottom,
01[10:39] {@Threei} pullback that formed it ended with nice downward candlestick
01[10:39] {@Threei} pure beauty
[10:40] {JoebiWan} i see now ty
01[10:40] {@Threei} yw
[10:42] {dino} rcpt smr l ave .92
[10:52] {RonS} wonder if gild gets to $80 today...
[11:00] {dptl} dal long?
[11:01] {dino} scanners slow
01[11:01] {@Threei} not sure
[11:01] {dptl} ok
[11:01] {RonS} not here, big cap biotech gone totally pulp
[11:02] {ese} L rfmd .32
[11:06] {dino} espr drop
[11:07] {nathan} brb
[11:09] {RonS} klic ing on all cylinders
[11:11] {RonS} jazz blue note
[11:13] {RonS} gnrc kicking in
[11:17] {RonS} gpro could get fast... lockup expired on 38 mil shares, more than doubling outstanding but 12 million are short
[11:26] {dino} lockup exp today ron?
[11:27] {RonS} yes
[11:37] {ese} rfmd stopped .22 -.10
[11:38] {ese} rats......damn thing proved me wrong........I hate that
[11:38] {RonS} bummer dude
[11:38] {ese} lol
01[11:45] {@Threei} The excellent GDP data has further strengthened the greenback and helped send the dollar index out to nine-year highs. EUR/USD dipped below 1.2180 and USD/JPY is headed for 121. USD/RUB remains around 55 following reports that Russia PM Medvedev told the country's largest state exporters to sell off their foreign currency reserves to help stabilize the currency.
01[11:46] {@Threei} WTI crude is once again hovering around $55 this morning. Gulf OPEC members were commenting earlier that they expect global oil prices to rebound to $70-80 by the end of 2015 as the global economic recovery revives demand. In a CNBC spot, T Boone Pickens said lower North America rig counts and shale industry consolidation would help the US energy sector in 2015.
01[11:46] {@Threei} Biotech is getting hit hard for a second consecutive session this morning as traders examine the repercussions of the Express Scripts/AbbVie deal. The Nasdaq index is being pulled lower by the losses, and the Nasdaq Biotech index is down 3.3% as of writing, its biggest intraday loss since April.
[11:51] {ese} don't even think about reversing now ya malignant little bastard.....tank at least another .15 to .20......then ....if your lucky i might think about going long again....
[11:52] {ese} so there
[11:54] {ese} one must picture this to get the full effect......10 of us....alone sitting in a room somewhere yelling and screaming at at stock name on a display screen......
[11:54] {ese} awesome
01[11:55] {@Threei} sorry... 9
01[11:55] {@Threei} I am the one looking at you all with this "they must be crazy" look
[11:55] {ese} rotflol
[11:55] {ese} you don;t count .......is that what your saying
[11:57] {cosmo} and if you're screeming at everything all the time anyway, that doesn't count either
[11:58] {ese} ummmmmmmm.........ok........i can buy that
[11:58] {dino} lol ese, i yell at them daily
[11:59] {ese} I do something like.......vad!!!!!!!! that no good for nuttin snake....hes the the one!!!!!!! ya ...hes the one that got me into this
[12:01] {ese} teeth crunching....fists clenched.......blood presure over the moon......pretty much explains my situation
06[12:02] * @Threei takes away ese' coffee fir a month
[12:03] {ese} ha ha......no effect....now take away the shiskabob party? ...that would be devastating
[12:05] {ese} AND!!!!!!! if your not careful........i can drive a golf ball from the 14th at Cordova Bay GC into your back yard..........so there!
[12:07] {dptl} man... Nanaimo must be really bad place lol
[12:08] {ese} We had a really fun show up there and quite meaningful actually......
[12:09] {ese} The fellow who hired us he has a company it's called Jones Marine group he has a fleet of 12 to 13 tugboats
[12:09] {ese} He's had a rough year his wife has contacted adrenal cancer and one of his tugs sank last October
[12:10] {ese} But the one thing that he wanted was to have my rhythm and blues band at his Christmas party was quite an honor
[12:10] {dptl} i never been in Nanimo yet...believe it or not
[12:11] {ese} huh....really
[12:11] {dptl} yeap
[12:12] {ese} It's no big whoop some of the small towns along the way I find are a little more interesting
[12:13] {dptl} got to make a trip one day around your island
01[12:13] {@Threei} that won't be one day
[12:14] {ese} strip mall capital of the world I think
01[12:14] {@Threei} as much as I love the whole island, Nanaimo is one place I hate
[12:15] {ese} i agree with you
[12:15] {ese} Not to mention that half the town is owned by the Hells Angels biker gang
01[12:17] {@Threei} well... while you were out there, I told the room about it... and added that this was actually the reason for your trip.
01[12:18] {@Threei} maintaining connections, you know
[12:18] {dptl} lol
01[12:18] {@Threei} keeping in touch
[12:18] {ese} lol
01[12:18] {@Threei} reunion
01[12:18] {@Threei} reliving good times
01[12:19] {@Threei} in short, I have done my part to keep your reputation up to the room standards
[12:19] {ese} awesome
01[12:19] {@Threei} nemo was very impressed
01[12:20] {@Threei} asked me to give you his warmest hug
01[12:20] {@Threei} (whihc normally includes poisonous claw in the back)
01[12:22] {@Threei} Short Setup: GLD .10 break
01[12:22] {@Threei} If holds .20
[12:22] {ese} L rfmd .20
[12:25] {dptl} fb .81 long?
[12:26] {ese} fb chart looks like a duplicate of mine
01[12:30] {@Threei} probably
[12:32] {dptl} invalidated
01[12:36] {@Threei} Ukraine votes to move toward NATO, infuriating Russia
01[12:36] {@Threei} funny, a year ago Ukraine wasn't even close to the idea of joining NATO
01[12:37] {@Threei} maybe try not to attack your neighbors so they seek protection from you in military unions with your opponents?
[12:37] {cosmo} they had their gold then
01[12:37] {@Threei} what gold... who cares about it
01[12:38] {@Threei} Russian Foreign Minister Sergei Lavrov called the move "counterproductive" and said it would inflame tensions.
01[12:38] {@Threei} yeah, starting war didn't inflame any tensions
[12:41] {dptl} dal? long?
01[12:41] {@Threei} not on breakout
[12:41] {ese} L some more rfmd avg .16785
[12:42] {dptl} ok
[12:43] {dptl} out gld
[12:50] {RonS} SYK for SNN rumor
[12:53] {RonS} BREAKING: Stryker planning takeover offer for U.K. medical device maker Smith & Nephew soon, sources say http://bloom.bg/1E8kwVA
[13:16] {RonS} sune acting like it wants to launch...long jan 20 calls .80
[13:32] {nathan} well gents have a gn
[13:32] {nathan} try to c u tomorrow
01[13:32] {@Threei} take care nathan
[13:36] {RonS} wow: This incredible chart shows how much money Facebook makes compared to Twitter, LinkedIn and Yelp -} http://stks.co/c1PTX
01[13:38] {@Threei} imprwessive
01[13:39] {@Threei} but ese thinks zukerberg is a fool
[13:39] {RonS} ya well, the market thinks Dick Costello is a fool...
[13:47] {dino} fb wants 100
[13:59] {RonS} wow, a gal visiting her parents from down the street dropped off some Christmas cookies...used to be a pouty 13 year old...later in college thought o chem was easy, now a 2nd year med student and gorgeous...unreal
01[13:59] {@Threei} friking GLD
01[13:59] {@Threei} rinsed
[14:00] {dino} easy there ron, control yourself
[14:01] {RonS} ugly duckling deal...stunning transformation
[14:01] {dino} good for her
01[14:03] {@Threei} tough for ron
01[14:04] {@Threei} let me reiterate: frikin GLD
[14:05] {dptl} abbv .50 long?
01[14:05] {@Threei} yes
[14:05] {dino} abbv sm l .52
[14:06] {dptl} same here
01[14:06] {@Threei} but you are getting in the way of me grieving GLD traitor act
01[14:07] {@Threei} I am contemplating getting even with it and calling nemo to help hide the body
[14:14] {RonS} taro dealt bad cards
01[14:16] {@Threei} not bad
01[14:16] {@Threei} not bad at all
[14:18] {RonS} ty, but no thrill w/o a nemo groan...
01[14:19] {@Threei} I think he is in permanent blackout today
01[14:19] {@Threei} but fear not - if turns out he had to leave for some reason, I will make sure and copy/paste this to him
01[14:20] {@Threei} so it won't be in vain
[14:21] {Jenh} g2g. see you guys tomorrow. gn!
[14:24] {RonS} trying to maintain decorum...but w/ jen gone:
[14:24] {RonS} wind is blowing here like a Saskatoon hooker in winter: fast, cold, and furious...
[14:24] {dptl} out some abbv
[14:26] {dino} celg smr l .00
[14:27] {dptl} out
01[14:28] {@Threei} lol ron
01[14:29] {@Threei} you need ese to really get this one
01[14:29] {@Threei} he lived there for a good while
[14:33] {dptl} that was my first city when i landed in Canada
01[14:34] {@Threei} ok... so you get that one too {G}
[14:34] {dptl} in september,.....and by december i was gone :)
[14:35] {dptl} some place i must say...lol
01[14:35] {@Threei} no kidding
[14:35] {dino} taking amba off from fri, +.91 / .28%
[14:35] {dino} calls that was
[14:35] {dino} calls they were, sounds better
01[14:36] {@Threei} hehe
[14:37] {dino} stop celg -.30
[14:37] {dptl} dont know if tomorrow even worth to get up
[14:38] {dino} wondering the same dp, friday too
[14:40] {dino} wednesday & thursday holidays really mess with the trading week
[14:40] {dino} celg rinsed
[14:41] {dptl} lol
01[14:42] {@Threei} friday is sure to be useless
[14:42] {dptl} in a escort section of news paper an ad says: let me jingle your bells....lol
01[14:42] {@Threei} about tomorrow, don't know... maybe first couple hours make sense
[14:42] {nemo} half day tomorrow?
01[14:42] {@Threei} as people will try to reshuffle their positions ahead of 4 days away
01[14:42] {@Threei} yes
01[14:43] {@Threei} nemo, this was for you and I promised Ron you'll see it:
01[14:43] {@Threei} [14:14] {RonS} taro dealt bad cards
[14:43] {nemo} woof
[14:45] {dptl} you still in Dino? abbv
[14:48] {dino} wtf celg
[14:48] {dino} yes abbv
[14:52] {dptl} ocn...looking for a short set up
[14:53] {RonS} 48 hours ago?
[14:53] {dptl} lol..ye
[14:57] {dino} adding celg calls
[14:59] {dino} not sure on ocn, asps, aamc. they were seriously crushed yesterday
[14:59] {dptl} i am just looking...
[15:01] {dino} dp, not advising, just thinking out loud, do what you want, this is not my type of trading week
[15:05] {dptl} yeah... its a very slow week....
01[15:10] {@Threei} not really surprising
[15:12] {nemo} 'mmmmhhhh XOP might be shaping up short, but slow market
[15:21] {JoebiWan} gld
01[15:22] {@Threei} somg
[15:22] {JoebiWan} lol
01[15:22] {@Threei} oh sorry... I thought we were playing associations
[15:22] {dptl} lol
[15:23] {dptl} bastards
[15:30] {dptl} ok, well...i'll see you tomorrow all...gn
01[15:31] {@Threei} take care dp
[15:34] {dino} cya dp
01[15:49] {@Threei} OK guys, thank you all
01[15:50] {@Threei} have a good evening, see you tomorrow
[15:50] {dino} out asps from morning, .79, +.64
[15:51] {JoebiWan} gj
[15:51] {JoebiWan} bye all
[15:51] {dino} ty
Session Time: Tue Dec 23 00:00:00 2014
[09:03] {dino} gm
[09:06] {dptl} gm
01[09:07] {@Threei} hey guys
[09:11] {RonS} ho ho ho everyone
[09:11] {cosmo} sounds like work
01[09:12] {@Threei} ron :)
01[09:12] {@Threei} lol
[09:19] {Jenh} gm
01[09:19] {@Threei} jen :)
[09:21] {RonS} wow oil spike over gdp and right back down
01[09:22] {@Threei} feels like oil bottom is nowhere near reached
[09:24] {dino} low 40s gut
[09:25] {RonS} cat 7 day pre high
[09:25] {RonS} fb ath
01[09:25] {@Threei} exactly where my gut puts it dino
01[09:25] {@Threei} -VNDA +20% (registers 1.8M shares)
01[09:25] {@Threei} -JRJC +20% (earnings)
01[09:25] {@Threei} -CYT +18% (signed expansion of collaboration with Astellas for development of CK-2127017 in spinal muscular atrophy)
01[09:25] {@Threei} -NQ +16% (approved $80M share repurchase program)
01[09:25] {@Threei} -ICLD +11% (signed $6.2M professional services contract for a Tier 1 client)
01[09:25] {@Threei} -AEIS +5.7% (exploring strategic alternatives for solar inverter business, expects to record $10-14M non-cash inventory charge)
01[09:25] {@Threei} -ARIA +6% (announced co-development of Iclusig to treat leukemias with Otsuka)
01[09:25] {@Threei} -CHK +4.5% (closed Southern Marcellus & Utica Shale sale; approves $1B repurchase)
01[09:25] {@Threei} -REXX +4% (cutting '15 capex outlook & updates production guidance)
01[09:26] {@Threei} Downside:
01[09:26] {@Threei} -DRL -50% (reports that the FBI raided an office)
01[09:26] {@Threei} -GMCR -3% (recalls 7M MINI Plus Brewing Systems due to burn hazard)
01[09:26] {@Threei} -SCS -5% (earnings)
[09:28] {RonS} Oil dropping. Boone changes name to Slim
[09:29] {cosmo} ...and Slim rides the bomb
[09:29] {RonS} 3i...T Boone Pickens to Slim Pickens...one of my favorite character actors
01[09:30] {@Threei} got it
01[09:30] {@Threei} (see, I am not hopeless)
01[09:31] {@Threei} (but need some explanations)
01[09:31] {@Threei} Short Setup: FB .90 break
01[09:31] {@Threei} If holds 82
01[09:31] {@Threei} 1:1
01[09:34] {@Threei} Short Setup: JPM .10 break
01[09:34] {@Threei} If holds .20
[09:35] {dino} out mei calls from thursday, +1.10 / +37%
01[09:36] {@Threei} nice
[09:37] {dino} ty
01[09:42] {@Threei} FB nice drop
01[09:43] {@Threei} no go JPM
01[09:45] {@Threei} Long Setup: TWTR .85 break
01[09:45] {@Threei} If holds .75
01[09:46] {@Threei} should be easy 1:3er
01[09:46] {@Threei} 1:1
01[09:47] {@Threei} 1:2
[09:48] {dptl} ty
[09:49] {Jenh} ty 3i!
01[09:49] {@Threei} yw
01[09:49] {@Threei} hoped for more
01[09:49] {@Threei} but market and FB drop kept it
01[09:53] {@Threei} Long Setup: FB 81 break
01[09:53] {@Threei} If holds .90
01[09:53] {@Threei} TWTR is doing it now... grrr
01[09:53] {@Threei} 1:1 FB
01[09:54] {@Threei} 1:2
[09:54] {dptl} missed
01[09:55] {@Threei} *(US) DEC FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 93.6 V 93.5E
[09:57] {JoebiWan} out fb ty 3i
01[09:59] {@Threei} yw
01[09:59] {@Threei} 1:3
01[10:00] {@Threei} *(US) NOV NEW HOME SALES: 438K V 460KE -
01[10:00] {@Threei} 10:00 *(US) NOV PERSONAL INCOME: 0.4% V 0.4%E; PERSONAL SPENDING: 0.6% V 0.5%E
[10:01] {dino} rcpt drop, amgn drop
[10:02] {dino} asps sm l .15
[10:08] {nathan} hi gents
01[10:09] {@Threei} hey nathan
[10:09] {nathan} glad to "see" you
01[10:09] {@Threei} :)
01[10:10] {@Threei} btw guys, remember ese went to Nanaimo last week?
01[10:10] {@Threei} well... we might not see him for a while:
01[10:10] {@Threei} Nanaimo RCMP seized high powered rifles, ammunition, cash, cocaine, and other drugs from a Nanaimo home early Sunday morning. Police are recommending firearms and drug charges
[10:11] {dptl} lol
[10:11] {Jenh} lol
[10:11] {nathan} lol
[10:11] {dptl} musicians eh...all cover up
[10:11] {JoebiWan} ese's a rapper?
01[10:11] {@Threei} he will try to plead "that was just christmas gift for extended family"
01[10:12] {@Threei} drummer, jw :)
[10:12] {dptl} right...thats what we thought
[10:15] {ese} gm
[10:15] {dptl} lol
01[10:15] {@Threei} ese!
[10:15] {ese} lol
01[10:15] {@Threei} you are out? on a bail?
[10:15] {dptl} here he is...escaped
[10:15] {ese} that was funny.....just got back from vancouver....
[10:16] {Jenh} amazing timing ese
01[10:16] {@Threei} got it... swam across the sound from nanaimo
01[10:16] {@Threei} escaping the police
[10:16] {ese} i feel like i'm out on bail.....what can i say...i'm a drummer....i've got great timing
01[10:16] {@Threei} hehe
[10:17] {Jenh} lol good one
01[10:18] {@Threei} Short Setup: DAL 47 break
01[10:18] {@Threei} If holds .10
01[10:22] {@Threei} 1:1
[10:24] {nathan} thx Vad
01[10:24] {@Threei} :)
01[10:25] {@Threei} 1:2
[10:25] {dptl} ty
01[10:25] {@Threei} yw
[10:26] {RonS} gild freefall
[10:27] {RonS} ....when 1.3 bil shares want out...
01[10:27] {@Threei} 1:3
[10:28] {JoebiWan} gj vad
01[10:28] {@Threei} ty
01[10:28] {@Threei} awww
01[10:28] {@Threei} Itake it back
01[10:29] {@Threei} right answer: yeah, I know
01[10:29] {@Threei} lost my dude-like cool
[10:30] {dptl} cop .40 recross long?
01[10:32] {@Threei} yes
01[10:32] {@Threei} nice setup
01[10:32] {@Threei} half lot
01[10:32] {@Threei} spread got jumpy
[10:33] {dptl} out some .50
01[10:33] {@Threei} out DAL in full
01[10:33] {@Threei} almost touched 1:4
[10:34] {dptl} all out cop 1:3
[10:34] {JoebiWan} ty dp
[10:34] {RonS} biotech murdered
[10:34] {dptl} sure dude yw
[10:34] {JoebiWan} lol
[10:34] {dptl} lol
01[10:35] {@Threei} dudeness takes over the room
01[10:35] {@Threei} good catch COP
01[10:35] {@Threei} love this kind of setups
[10:36] {dptl} learning from the best dudes
[10:36] {JoebiWan} what kind of setup would you consider that?
[10:37] {dino} rcpt gap fill
01[10:38] {@Threei} this is aggressive entry on C&H, jw
01[10:39] {@Threei} cap just started turning up from the bottom,
01[10:39] {@Threei} pullback that formed it ended with nice downward candlestick
01[10:39] {@Threei} pure beauty
[10:40] {JoebiWan} i see now ty
01[10:40] {@Threei} yw
[10:42] {dino} rcpt smr l ave .92
[10:52] {RonS} wonder if gild gets to $80 today...
[11:00] {dptl} dal long?
[11:01] {dino} scanners slow
01[11:01] {@Threei} not sure
[11:01] {dptl} ok
[11:01] {RonS} not here, big cap biotech gone totally pulp
[11:02] {ese} L rfmd .32
[11:06] {dino} espr drop
[11:07] {nathan} brb
[11:09] {RonS} klic ing on all cylinders
[11:11] {RonS} jazz blue note
[11:13] {RonS} gnrc kicking in
[11:17] {RonS} gpro could get fast... lockup expired on 38 mil shares, more than doubling outstanding but 12 million are short
[11:26] {dino} lockup exp today ron?
[11:27] {RonS} yes
[11:37] {ese} rfmd stopped .22 -.10
[11:38] {ese} rats......damn thing proved me wrong........I hate that
[11:38] {RonS} bummer dude
[11:38] {ese} lol
01[11:45] {@Threei} The excellent GDP data has further strengthened the greenback and helped send the dollar index out to nine-year highs. EUR/USD dipped below 1.2180 and USD/JPY is headed for 121. USD/RUB remains around 55 following reports that Russia PM Medvedev told the country's largest state exporters to sell off their foreign currency reserves to help stabilize the currency.
01[11:46] {@Threei} WTI crude is once again hovering around $55 this morning. Gulf OPEC members were commenting earlier that they expect global oil prices to rebound to $70-80 by the end of 2015 as the global economic recovery revives demand. In a CNBC spot, T Boone Pickens said lower North America rig counts and shale industry consolidation would help the US energy sector in 2015.
01[11:46] {@Threei} Biotech is getting hit hard for a second consecutive session this morning as traders examine the repercussions of the Express Scripts/AbbVie deal. The Nasdaq index is being pulled lower by the losses, and the Nasdaq Biotech index is down 3.3% as of writing, its biggest intraday loss since April.
[11:51] {ese} don't even think about reversing now ya malignant little bastard.....tank at least another .15 to .20......then ....if your lucky i might think about going long again....
[11:52] {ese} so there
[11:54] {ese} one must picture this to get the full effect......10 of us....alone sitting in a room somewhere yelling and screaming at at stock name on a display screen......
[11:54] {ese} awesome
01[11:55] {@Threei} sorry... 9
01[11:55] {@Threei} I am the one looking at you all with this "they must be crazy" look
[11:55] {ese} rotflol
[11:55] {ese} you don;t count .......is that what your saying
[11:57] {cosmo} and if you're screeming at everything all the time anyway, that doesn't count either
[11:58] {ese} ummmmmmmm.........ok........i can buy that
[11:58] {dino} lol ese, i yell at them daily
[11:59] {ese} I do something like.......vad!!!!!!!! that no good for nuttin snake....hes the the one!!!!!!! ya ...hes the one that got me into this
[12:01] {ese} teeth crunching....fists clenched.......blood presure over the moon......pretty much explains my situation
06[12:02] * @Threei takes away ese' coffee fir a month
[12:03] {ese} ha ha......no effect....now take away the shiskabob party? ...that would be devastating
[12:05] {ese} AND!!!!!!! if your not careful........i can drive a golf ball from the 14th at Cordova Bay GC into your back yard..........so there!
[12:07] {dptl} man... Nanaimo must be really bad place lol
[12:08] {ese} We had a really fun show up there and quite meaningful actually......
[12:09] {ese} The fellow who hired us he has a company it's called Jones Marine group he has a fleet of 12 to 13 tugboats
[12:09] {ese} He's had a rough year his wife has contacted adrenal cancer and one of his tugs sank last October
[12:10] {ese} But the one thing that he wanted was to have my rhythm and blues band at his Christmas party was quite an honor
[12:10] {dptl} i never been in Nanimo yet...believe it or not
[12:11] {ese} huh....really
[12:11] {dptl} yeap
[12:12] {ese} It's no big whoop some of the small towns along the way I find are a little more interesting
[12:13] {dptl} got to make a trip one day around your island
01[12:13] {@Threei} that won't be one day
[12:14] {ese} strip mall capital of the world I think
01[12:14] {@Threei} as much as I love the whole island, Nanaimo is one place I hate
[12:15] {ese} i agree with you
[12:15] {ese} Not to mention that half the town is owned by the Hells Angels biker gang
01[12:17] {@Threei} well... while you were out there, I told the room about it... and added that this was actually the reason for your trip.
01[12:18] {@Threei} maintaining connections, you know
[12:18] {dptl} lol
01[12:18] {@Threei} keeping in touch
[12:18] {ese} lol
01[12:18] {@Threei} reunion
01[12:18] {@Threei} reliving good times
01[12:19] {@Threei} in short, I have done my part to keep your reputation up to the room standards
[12:19] {ese} awesome
01[12:19] {@Threei} nemo was very impressed
01[12:20] {@Threei} asked me to give you his warmest hug
01[12:20] {@Threei} (whihc normally includes poisonous claw in the back)
01[12:22] {@Threei} Short Setup: GLD .10 break
01[12:22] {@Threei} If holds .20
[12:22] {ese} L rfmd .20
[12:25] {dptl} fb .81 long?
[12:26] {ese} fb chart looks like a duplicate of mine
01[12:30] {@Threei} probably
[12:32] {dptl} invalidated
01[12:36] {@Threei} Ukraine votes to move toward NATO, infuriating Russia
01[12:36] {@Threei} funny, a year ago Ukraine wasn't even close to the idea of joining NATO
01[12:37] {@Threei} maybe try not to attack your neighbors so they seek protection from you in military unions with your opponents?
[12:37] {cosmo} they had their gold then
01[12:37] {@Threei} what gold... who cares about it
01[12:38] {@Threei} Russian Foreign Minister Sergei Lavrov called the move "counterproductive" and said it would inflame tensions.
01[12:38] {@Threei} yeah, starting war didn't inflame any tensions
[12:41] {dptl} dal? long?
01[12:41] {@Threei} not on breakout
[12:41] {ese} L some more rfmd avg .16785
[12:42] {dptl} ok
[12:43] {dptl} out gld
[12:50] {RonS} SYK for SNN rumor
[12:53] {RonS} BREAKING: Stryker planning takeover offer for U.K. medical device maker Smith & Nephew soon, sources say http://bloom.bg/1E8kwVA
[13:16] {RonS} sune acting like it wants to launch...long jan 20 calls .80
[13:32] {nathan} well gents have a gn
[13:32] {nathan} try to c u tomorrow
01[13:32] {@Threei} take care nathan
[13:36] {RonS} wow: This incredible chart shows how much money Facebook makes compared to Twitter, LinkedIn and Yelp -} http://stks.co/c1PTX
01[13:38] {@Threei} imprwessive
01[13:39] {@Threei} but ese thinks zukerberg is a fool
[13:39] {RonS} ya well, the market thinks Dick Costello is a fool...
[13:47] {dino} fb wants 100
[13:59] {RonS} wow, a gal visiting her parents from down the street dropped off some Christmas cookies...used to be a pouty 13 year old...later in college thought o chem was easy, now a 2nd year med student and gorgeous...unreal
01[13:59] {@Threei} friking GLD
01[13:59] {@Threei} rinsed
[14:00] {dino} easy there ron, control yourself
[14:01] {RonS} ugly duckling deal...stunning transformation
[14:01] {dino} good for her
01[14:03] {@Threei} tough for ron
01[14:04] {@Threei} let me reiterate: frikin GLD
[14:05] {dptl} abbv .50 long?
01[14:05] {@Threei} yes
[14:05] {dino} abbv sm l .52
[14:06] {dptl} same here
01[14:06] {@Threei} but you are getting in the way of me grieving GLD traitor act
01[14:07] {@Threei} I am contemplating getting even with it and calling nemo to help hide the body
[14:14] {RonS} taro dealt bad cards
01[14:16] {@Threei} not bad
01[14:16] {@Threei} not bad at all
[14:18] {RonS} ty, but no thrill w/o a nemo groan...
01[14:19] {@Threei} I think he is in permanent blackout today
01[14:19] {@Threei} but fear not - if turns out he had to leave for some reason, I will make sure and copy/paste this to him
01[14:20] {@Threei} so it won't be in vain
[14:21] {Jenh} g2g. see you guys tomorrow. gn!
[14:24] {RonS} trying to maintain decorum...but w/ jen gone:
[14:24] {RonS} wind is blowing here like a Saskatoon hooker in winter: fast, cold, and furious...
[14:24] {dptl} out some abbv
[14:26] {dino} celg smr l .00
[14:27] {dptl} out
01[14:28] {@Threei} lol ron
01[14:29] {@Threei} you need ese to really get this one
01[14:29] {@Threei} he lived there for a good while
[14:33] {dptl} that was my first city when i landed in Canada
01[14:34] {@Threei} ok... so you get that one too {G}
[14:34] {dptl} in september,.....and by december i was gone :)
[14:35] {dptl} some place i must say...lol
01[14:35] {@Threei} no kidding
[14:35] {dino} taking amba off from fri, +.91 / .28%
[14:35] {dino} calls that was
[14:35] {dino} calls they were, sounds better
01[14:36] {@Threei} hehe
[14:37] {dino} stop celg -.30
[14:37] {dptl} dont know if tomorrow even worth to get up
[14:38] {dino} wondering the same dp, friday too
[14:40] {dino} wednesday & thursday holidays really mess with the trading week
[14:40] {dino} celg rinsed
[14:41] {dptl} lol
01[14:42] {@Threei} friday is sure to be useless
[14:42] {dptl} in a escort section of news paper an ad says: let me jingle your bells....lol
01[14:42] {@Threei} about tomorrow, don't know... maybe first couple hours make sense
[14:42] {nemo} half day tomorrow?
01[14:42] {@Threei} as people will try to reshuffle their positions ahead of 4 days away
01[14:42] {@Threei} yes
01[14:43] {@Threei} nemo, this was for you and I promised Ron you'll see it:
01[14:43] {@Threei} [14:14] {RonS} taro dealt bad cards
[14:43] {nemo} woof
[14:45] {dptl} you still in Dino? abbv
[14:48] {dino} wtf celg
[14:48] {dino} yes abbv
[14:52] {dptl} ocn...looking for a short set up
[14:53] {RonS} 48 hours ago?
[14:53] {dptl} lol..ye
[14:57] {dino} adding celg calls
[14:59] {dino} not sure on ocn, asps, aamc. they were seriously crushed yesterday
[14:59] {dptl} i am just looking...
[15:01] {dino} dp, not advising, just thinking out loud, do what you want, this is not my type of trading week
[15:05] {dptl} yeah... its a very slow week....
01[15:10] {@Threei} not really surprising
[15:12] {nemo} 'mmmmhhhh XOP might be shaping up short, but slow market
[15:21] {JoebiWan} gld
01[15:22] {@Threei} somg
[15:22] {JoebiWan} lol
01[15:22] {@Threei} oh sorry... I thought we were playing associations
[15:22] {dptl} lol
[15:23] {dptl} bastards
[15:30] {dptl} ok, well...i'll see you tomorrow all...gn
01[15:31] {@Threei} take care dp
[15:34] {dino} cya dp
01[15:49] {@Threei} OK guys, thank you all
01[15:50] {@Threei} have a good evening, see you tomorrow
[15:50] {dino} out asps from morning, .79, +.64
[15:51] {JoebiWan} gj
[15:51] {JoebiWan} bye all
[15:51] {dino} ty
Monday, December 22, 2014
Dec 22 2014
Calm holiday trading, staying on a positive side without much fireworks
Session Time: Mon Dec 22 00:00:00 2014
[09:10] {RonS} gm
01[09:11] {@Threei} ron :)
[09:12] {Jenh} gm
01[09:13] {@Threei} jen :)
[09:14] {dptl} gm
01[09:14] {@Threei} dp :)
01[09:18] {@Threei} quiet premarket
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -CZR +20% (each outstanding share of Caesars Acquisition class A common stock will be exchanged for 0.664 share of Caesars Entertainment common stock)
01[09:27] {@Threei} -ACHN +15% (Discloses positive interim results from two Phase II studies of ACH-3102 and ACH-3422 in treating hepatitis C)
01[09:27] {@Threei} -BCRX +3.5% (Receives FDA approval for RAPIVAB(TM) (peramivir injection) for treatment of acute uncomplicated influenza)
01[09:27] {@Threei} -ABBV +3.4% (Express Scripts to make AbbVie hepatitis C treatment an exclusive option)
01[09:27] {@Threei} -CERS +3.4% (Reports US Phase 2 Clinical Trial of INTERCEPT Red Blood Cells Met Primary Endpoint)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -GILD -11% (trading off on news of Express Scripts/AbbVie deal re: Express Scripts to make AbbVie hepatitis C treatment an exclusive option)
01[09:28] {@Threei} -OCN -9.8% (NY DFS's Lawsky confirms $150M settlement; Chairman to step down)
01[09:28] {@Threei} -TESO -7.3% (Cuts Q4 guidance to $0.10-0.15 v $0.33e due to falling energy prices)
01[09:28] {@Threei} -RDUS -3.2% (Announces Phase 3 Top-Line Results for Its Investigational Drug Abaloparatide-SC in Postmenopausal Women With Severe Osteoporosis)
01[09:28] {@Threei} -ASPS -2.2% (trading off on OCN news above)
01[09:32] {@Threei} Long Setup: FB .30 break
01[09:32] {@Threei} If holds .20
01[09:33] {@Threei} 1:1
01[09:34] {@Threei} Long Setup: JPM .10 break
01[09:34] {@Threei} If holds 62
01[09:35] {@Threei} 1:2 FB
01[09:35] {@Threei} 1:3
01[09:35] {@Threei} out
[09:36] {dptl} is logix quotes ok? with you guys?
[09:36] {dptl} mine is all mess up
[09:36] {JoebiWan} it was really messed up had to restart
01[09:36] {@Threei} yes
01[09:37] {@Threei} 1:1 JPM
[09:37] {dptl} i just restatred but still the same
[09:37] {dptl} is your ok now Joebi?
[09:38] {JoebiWan} actually same here... level 2 looks backwards
[09:38] {dptl} yeah same
01[09:38] {@Threei} chart is correct
[09:43] {dptl} stop streaming
01[09:43] {@Threei} wow FB
01[09:45] {@Threei} Long Setup: CAT .40 break
01[09:45] {@Threei} If holds .30
01[09:46] {@Threei} Invalidated
[09:46] {dptl} development team is looking into the issue....from nonko
01[09:48] {@Threei} Long Setup: TWTR .60 break
01[09:48] {@Threei} change to .50 break
01[09:48] {@Threei} If holds .40
01[09:50] {@Threei} 1:1
[09:51] {JoebiWan} beam me up
01[09:51] {@Threei} 1:2
01[09:51] {@Threei} 1:3
[09:51] {JoebiWan} ty vad
01[09:51] {@Threei} yw
[09:52] {dptl} is your working now Joebi?
[09:52] {JoebiWan} not like it normally does
01[09:53] {@Threei} 1:4
[09:53] {dptl} mine is not streaming at all
[09:54] {dptl} what about yours Vad?
[09:54] {Jenh} ty 3i!
01[09:54] {@Threei} chart is fine, T&S is a but jerky, L2 is broken
01[09:54] {@Threei} yw jen
[09:54] {JoebiWan} i just closed market order at 37.90 and got filled at .58
01[09:54] {@Threei} it dropped sharply
[09:55] {Jenh} ouch! sorry to hear that Joebiwan
01[09:57] {@Threei} spoiled brats... they now express sympathy to each other on winning trades
01[09:58] {@Threei} next thing we know, everyone consoles dino when he makes just $3 on a trade
[09:59] {JoebiWan} are your orders going through ok vad?
01[09:59] {@Threei} so far yes but I used limits only
[09:59] {dino} asps sm l .00 wide
01[10:00] {@Threei} *(EU) EURO ZONE DEC ADVANCE CONSUMER CONFIDENCE: -10.9 V -11.0E \
01[10:00] {@Threei} *(US) NOV EXISTING HOME SALES: 4.93M V 5.20ME
[10:01] {dino} asps stop .50 -.50
01[10:05] {@Threei} everything seems to catch up
01[10:05] {@Threei} L2 looks right too now
[10:05] {JoebiWan} yup
01[10:05] {@Threei} Long Setup: FB .50 breask
01[10:06] {@Threei} If holds .40
[10:06] {dptl} ok..looks like quotes coming back here
01[10:07] {@Threei} half out
01[10:08] {@Threei} 1:1
01[10:09] {@Threei} 1:2
[10:09] {dptl} ty
01[10:09] {@Threei} yw
[10:10] {JoebiWan} gj vad
01[10:10] {@Threei} 1:3
01[10:10] {@Threei} I know
01[10:10] {@Threei} (is this dude-like enough?)
[10:10] {dptl} all out
01[10:11] {@Threei} I mean, wasn't it what Luke said to Princess Leia, and was considered the coolest answer ever?
[10:11] {dptl} all working now logix
[10:11] {JoebiWan} lol
[10:11] {Jenh} ty 3i!
01[10:11] {@Threei} :)
[10:21] {dptl} dal short.10 break?
01[10:24] {@Threei} nah
[10:24] {dptl} ok
[10:25] {RonS} aapl shining
[10:26] {RonS} momo no mo
[10:27] {RonS} fate sealed
01[10:27] {@Threei} lol
01[10:33] {@Threei} Short Setup: FB .60 break
01[10:33] {@Threei} If holds .70
01[10:42] {@Threei} no go
01[10:42] {@Threei} first stop today
01[11:01] {@Threei} Long Setup: VCC .90 break
01[11:01] {@Threei} VXX
01[11:01] {@Threei} If holds .80
01[11:02] {@Threei} 1:1
01[11:05] {@Threei} FB rinsed
[11:14] {dino} asps sm l .61
01[11:27] {@Threei} Long Setup: BCRX .80 break
01[11:27] {@Threei} If holds .70
01[11:43] {@Threei} Long Setup: GLD .60 break
01[11:43] {@Threei} If holds .50
01[11:45] {@Threei} Invalidated
[11:52] {dptl} out bcrx
[11:58] {dptl} brb
01[12:01] {@Threei} Long Setup: SLW .70 break
01[12:01] {@Threei} If holds .60
[12:02] {dino} brutal asps drop
01[12:05] {@Threei} Zimbabwe minister visits Crimea
01[12:05] {@Threei} delivers advice on economic improvement I guess
[12:05] {RonS} lol
[12:06] {Jenh} lol
01[12:06] {@Threei} and monetary policy
01[12:09] {@Threei} The second-to-last week of 2014 has begun with pretty slack trading and modest equity gains.
01[12:09] {@Threei} slack is right
01[12:10] {@Threei} tepid I'd say
01[12:10] {@Threei} Energy market volatility has hit natural gas hard this morning. The front-month Henry Hub contract is down about 9% on the session to $3.16, the biggest one-day loss in a year. There are no proximate causes for today's slide, however unseasonably warm weather in the US should continue through the end of the year and gas stockpiles are building as a result.
01[12:10] {@Threei} Russia's situation continues to deteriorate. The Russian central bank has bailed out its first bank, and more bailouts are expected. The bank said it would inject 30 billion rubles ($530M) into Trust bank, the country's 28th-largest lender by assets, to prevent bankruptcy.
01[12:12] {@Threei} Invalidated SLW
[12:17] {dptl} twtr?
01[12:18] {@Threei} no news that I see
[12:25] {dptl} hmm...something is up with it
[12:30] {dino} asps last try sm l .20
01[12:34] {@Threei} TWTR Ticks to session highs after CNBC teases discussion later today that may focus on the speculation that CEO Costolo could be on his way out
01[12:34] {@Threei} well respected man I guess
[12:35] {dptl} yeah...
[12:36] {dptl} Vad, do you like vlo short?.40
01[12:36] {@Threei} late
[12:37] {dptl} on pull back?
01[12:37] {@Threei} I doubt it
[12:37] {dptl} ok
[12:42] {dptl} how about dal short .50?
01[12:43] {@Threei} long on recross rather
[12:44] {JoebiWan} long .50?
01[12:45] {@Threei} yeah
01[12:45] {@Threei} not a horribly compelling play
[12:48] {dptl} where would be stop?.44?
01[12:49] {@Threei} yeah
[12:49] {dptl} ok i'll try
[12:49] {dptl} .05 c risk
01[12:53] {@Threei} take half
[12:54] {dptl} did
[12:57] {dptl} took more here ty
[12:57] {dptl} will trail under .60
01[12:57] {@Threei} :)
[12:59] {dptl} out
[13:03] {Jenh} twtr capitulation? .45?
01[13:03] {@Threei} ?
01[13:03] {@Threei} don't understand
[13:04] {Jenh} strong upward move could lead to quick downward?
[13:04] {Jenh} oh wait i was looking at 5 min not 1 min chart
[13:04] {Jenh} seemed like a quicker move up
01[13:04] {@Threei} yes but reversal point is too far from here, late for shorting
[13:05] {Jenh} oh ok. where would the reversal have been?
01[13:05] {@Threei} .70
[13:05] {Jenh} ah ic now. thanks
[13:15] {nemo} oh oh, looks like data feed fees are going up
[13:30] {nemo} IWM looks short here
[13:33] {nemo} gues two way
[13:35] {dptl} dal .70 long?
[13:35] {nemo} should test 48
01[13:36] {@Threei} don't like these entries rigth now
01[13:36] {@Threei} .60 would have been a good one
01[13:37] {@Threei} .70 is 50/50
[13:37] {dptl} ok
[13:37] {nemo} IH&S
[13:37] {nemo} looks like IWM break .30 but such a quiet market
[13:57] {nemo} LYB
[14:00] {dptl} twtr .46 long?
01[14:01] {@Threei} nah
[14:03] {dptl} ok
[14:06] {nemo} Joe Cocker took the big dirt nap
[14:07] {RonS} ya, but did he take his backup black chicks with him?
[14:07] {nemo} he always had great backup bands
[14:08] {nemo} First time I saw him was in Munich 1984
[14:08] {nemo} I was awed
[14:12] {nemo} hey dino, think jets should fire the GM and keep coach
[14:15] {dptl} Vad cop? .50 break short?
[14:15] {dptl} if holds .60
01[14:16] {@Threei} worth a try
[14:20] {dptl} out some.41
[14:22] {dptl} 1:2 more
01[14:22] {@Threei} :)
[14:25] {dptl} done
[14:26] {dptl} ty
01[14:29] {@Threei} yw
[14:38] {dptl} twtr .40 short?
01[14:38] {@Threei} yes
01[14:38] {@Threei} SPY lost will to live
[14:38] {dptl} yeah same idea
01[14:38] {@Threei} downdraft is very likely now
[14:39] {dptl} ok in .51 stop
[14:45] {nemo} you've heard of shark week...probably scalp week
01[14:46] {@Threei} so far most trades worked nicely
01[14:47] {@Threei} but our most pressing dilemma is about Friday...
[14:47] {dptl} lets not bother
[14:47] {nemo} I have no dilemma
01[14:48] {@Threei} come out and play or stay in bed and enjoy the comfort of eggnog (replaced by cognac for more reasonable ones)
[14:48] {JoebiWan} drinking sounds like more fun
[14:48] {Jenh} i vote for eggnog
[14:48] {nemo} I vote for the posturepedic polka
01[14:48] {@Threei} yeah, that's not likely to be a worthy trading day, lol
[14:49] {dptl} trail to .46 Vad?
01[14:49] {@Threei} sure
01[14:51] {@Threei} half out
01[14:51] {@Threei} and trail to .41
01[14:51] {@Threei} let's cement gains
[14:51] {dptl} yes
[14:55] {dptl} so? we'll take fri off?
01[14:55] {@Threei} let's decide on Wed
[14:55] {nemo} we'll be here, just don't tell DP
01[14:55] {@Threei} who knows, maybe me get worldwide meltdown
01[14:56] {@Threei} and nemo will want to enjoy it
[14:56] {nemo} one could only hope
[14:56] {nemo} North Korea having major internet outages today
01[14:56] {@Threei} and we want to watch nemo being happy
01[14:56] {@Threei} this is once a century chance
[14:56] {nemo} NSA must have let out the junior varsity squad
01[14:56] {@Threei} hehe
[14:56] {nemo} only if I'm killing something
01[14:57] {@Threei} yeah, but if world falls apart, I am sure you'll be smiling even if passively observing
[14:57] {nemo} I'd be so happy, I could just shit
[14:57] {nemo} Friend of mine just got 90 days in jai
[14:57] {nemo} jail
01[14:57] {@Threei} that's a bit more detail we needed
[14:57] {nemo} Minimum judge could give him
[14:58] {nemo} caught a guy beating up his golden retriever
[14:58] {nemo} that is my friend's
[14:58] {nemo} my buddy broke body parts...judge said she had to do something
[14:58] {Jenh} that's terrible. he shouldn't get any jail time imo
[14:59] {nemo} he did go a bit overboard
01[14:59] {@Threei} no such thing for the animal-abuser
[14:59] {dptl} rinsed balace twtr
[14:59] {nemo} broke an arm a leg several ribs causing a puncture lung
[14:59] {nemo} I agree
[14:59] {nemo} I would have offed him and put a knife in his hand
[14:59] {Jenh} personally i don't think there's an overboard
01[14:59] {@Threei} neither do I
[14:59] {Jenh} exactly 3i :)
01[15:00] {@Threei} golden retriever, sheesh
01[15:00] {@Threei} how do you bring yourself to beat that cutie?
[15:00] {nemo} Well, there's what's deserved and what the law allows....it sucks...but I've had to tiptoe that one on more than one occasion...
[15:00] {nemo} when the adrenalin is flowing hard to keep perspective
[15:01] {nemo} Threei.......
[15:01] {nemo} people are assholes
[15:01] {nemo} plain and simple
01[15:01] {@Threei} believe me, I am familiar with that concept with not a hint of vagueness
01[15:02] {@Threei} I am from the country of assholes
[15:02] {nemo} some people are alive simply because it's against the law to kill them....
[15:02] {nemo} and some of those are family
[15:04] {Jenh} looking forward to the holidays? :)
[15:04] {nemo} never
[15:04] {nemo} screws up my routine
[15:04] {nemo} my drum of sulphuric acid and ton of lime are gonna' be late
01[15:05] {@Threei} need some cement?
[15:05] {nemo} shit know, preserves evidence...wtf...you watch too much tv
01[15:06] {@Threei} what evidence, fish takes care of that
[15:06] {nemo} mmmhhh, DT IWM and SPY?
01[15:06] {@Threei} whatever... just trying to be helpful for once... sniff sniff
[15:07] {nemo} wanna' be helpful?
[15:07] {nemo} shoot ese
01[15:07] {@Threei} no way
[15:07] {nemo} why?
01[15:07] {@Threei} have you seen his band girls??
[15:07] {nemo} good point
[15:08] {nemo} o.k rig his bass drum with explosives so it only blows off his foot
01[15:08] {@Threei} to refresh your memory and to sent dp on the floor once again: http://www.themidnights.com/images/gallery-new-large/A7148365.jpg and http://www.themidnights.com/images/gallery-new-large/A7148335.jpg
01[15:09] {@Threei} and I get to do their photo promotion shots
[15:09] {nemo} I remember, but I'm 3+ thousand miles away
[15:09] {dptl} man...not again...lol
[15:09] {nemo} oh, he got a new one
[15:09] {dptl} damn it...i looked agai
[15:10] {dptl} again
01[15:10] {@Threei} lol
[15:10] {nemo} finnies still moving up
[15:10] {nemo} likely no pullbacks
[15:11] {dptl} why i am not a musician
[15:11] {dptl} ?
[15:11] {nemo} I used to work in Rock&Roll
01[15:11] {@Threei} Short Setup: COP .40 break
01[15:11] {@Threei} If holds .50
[15:12] {dptl} wasjust about to ask :)
01[15:13] {@Threei} btw, add cats to golden retrievers... cat abuser, broken ribs are just not enough'
01[15:14] {@Threei} broken neck is more like it
[15:14] {nemo} any animal...my brother threatened bunny once...I would have pleaded temporary insanity
[15:15] {nemo} tells you how nuts my family is...even though he knows my background, he threatened bunny...we're definitely a coupla' sandwiches short of a picnic
[15:16] {nemo} reminds me, yesterday was the solstice, gotta' change out my magazines
[15:16] {nemo} oh btw...joebi wan
[15:16] {JoebiWan} hm
[15:16] {nemo} you seen the new compact S&W 1911 Pro Series...sweet
[15:17] {JoebiWan} have not. will check it out
[15:17] {nemo} very nice...was at the range with the Smith Rep. Handles real well...very smooth, not surprising for the caliber actually
[15:18] {nemo} I'm not a fan of their standard issues...but the Pro Shop issues tend to be very good performers
01[15:20] {@Threei} no go
[15:20] {dptl} ah..stopped cop
01[15:25] {@Threei} Long Setup: CUBA 13 break hl
01[15:25] {@Threei} If holds .85
[15:28] {dptl} twtr?
[15:28] {dptl} long?
01[15:28] {@Threei} Invalidated
01[15:29] {@Threei} can't tell TWTR
[15:29] {dptl} another shot at cop .50 short?
01[15:30] {@Threei} relax
[15:30] {dptl} :) ok
01[15:30] {@Threei} stop running around like a chicken with head off looking for 15 trades a minute
01[15:33] {@Threei} Long Setup: JPM .90 break
01[15:33] {@Threei} If holds .80
01[15:41] {@Threei} stop to .84
01[15:46] {@Threei} meh
[15:46] {dptl} out jp
01[15:46] {@Threei} ok guys, thank you all
01[15:46] {@Threei} have a good evening, see you tomorrow
[15:46] {Jenh} ty 3i! gn everyone
[15:47] {dptl} gn
Session Time: Mon Dec 22 00:00:00 2014
[09:10] {RonS} gm
01[09:11] {@Threei} ron :)
[09:12] {Jenh} gm
01[09:13] {@Threei} jen :)
[09:14] {dptl} gm
01[09:14] {@Threei} dp :)
01[09:18] {@Threei} quiet premarket
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -CZR +20% (each outstanding share of Caesars Acquisition class A common stock will be exchanged for 0.664 share of Caesars Entertainment common stock)
01[09:27] {@Threei} -ACHN +15% (Discloses positive interim results from two Phase II studies of ACH-3102 and ACH-3422 in treating hepatitis C)
01[09:27] {@Threei} -BCRX +3.5% (Receives FDA approval for RAPIVAB(TM) (peramivir injection) for treatment of acute uncomplicated influenza)
01[09:27] {@Threei} -ABBV +3.4% (Express Scripts to make AbbVie hepatitis C treatment an exclusive option)
01[09:27] {@Threei} -CERS +3.4% (Reports US Phase 2 Clinical Trial of INTERCEPT Red Blood Cells Met Primary Endpoint)
01[09:28] {@Threei} Downside:
01[09:28] {@Threei} -GILD -11% (trading off on news of Express Scripts/AbbVie deal re: Express Scripts to make AbbVie hepatitis C treatment an exclusive option)
01[09:28] {@Threei} -OCN -9.8% (NY DFS's Lawsky confirms $150M settlement; Chairman to step down)
01[09:28] {@Threei} -TESO -7.3% (Cuts Q4 guidance to $0.10-0.15 v $0.33e due to falling energy prices)
01[09:28] {@Threei} -RDUS -3.2% (Announces Phase 3 Top-Line Results for Its Investigational Drug Abaloparatide-SC in Postmenopausal Women With Severe Osteoporosis)
01[09:28] {@Threei} -ASPS -2.2% (trading off on OCN news above)
01[09:32] {@Threei} Long Setup: FB .30 break
01[09:32] {@Threei} If holds .20
01[09:33] {@Threei} 1:1
01[09:34] {@Threei} Long Setup: JPM .10 break
01[09:34] {@Threei} If holds 62
01[09:35] {@Threei} 1:2 FB
01[09:35] {@Threei} 1:3
01[09:35] {@Threei} out
[09:36] {dptl} is logix quotes ok? with you guys?
[09:36] {dptl} mine is all mess up
[09:36] {JoebiWan} it was really messed up had to restart
01[09:36] {@Threei} yes
01[09:37] {@Threei} 1:1 JPM
[09:37] {dptl} i just restatred but still the same
[09:37] {dptl} is your ok now Joebi?
[09:38] {JoebiWan} actually same here... level 2 looks backwards
[09:38] {dptl} yeah same
01[09:38] {@Threei} chart is correct
[09:43] {dptl} stop streaming
01[09:43] {@Threei} wow FB
01[09:45] {@Threei} Long Setup: CAT .40 break
01[09:45] {@Threei} If holds .30
01[09:46] {@Threei} Invalidated
[09:46] {dptl} development team is looking into the issue....from nonko
01[09:48] {@Threei} Long Setup: TWTR .60 break
01[09:48] {@Threei} change to .50 break
01[09:48] {@Threei} If holds .40
01[09:50] {@Threei} 1:1
[09:51] {JoebiWan} beam me up
01[09:51] {@Threei} 1:2
01[09:51] {@Threei} 1:3
[09:51] {JoebiWan} ty vad
01[09:51] {@Threei} yw
[09:52] {dptl} is your working now Joebi?
[09:52] {JoebiWan} not like it normally does
01[09:53] {@Threei} 1:4
[09:53] {dptl} mine is not streaming at all
[09:54] {dptl} what about yours Vad?
[09:54] {Jenh} ty 3i!
01[09:54] {@Threei} chart is fine, T&S is a but jerky, L2 is broken
01[09:54] {@Threei} yw jen
[09:54] {JoebiWan} i just closed market order at 37.90 and got filled at .58
01[09:54] {@Threei} it dropped sharply
[09:55] {Jenh} ouch! sorry to hear that Joebiwan
01[09:57] {@Threei} spoiled brats... they now express sympathy to each other on winning trades
01[09:58] {@Threei} next thing we know, everyone consoles dino when he makes just $3 on a trade
[09:59] {JoebiWan} are your orders going through ok vad?
01[09:59] {@Threei} so far yes but I used limits only
[09:59] {dino} asps sm l .00 wide
01[10:00] {@Threei} *(EU) EURO ZONE DEC ADVANCE CONSUMER CONFIDENCE: -10.9 V -11.0E \
01[10:00] {@Threei} *(US) NOV EXISTING HOME SALES: 4.93M V 5.20ME
[10:01] {dino} asps stop .50 -.50
01[10:05] {@Threei} everything seems to catch up
01[10:05] {@Threei} L2 looks right too now
[10:05] {JoebiWan} yup
01[10:05] {@Threei} Long Setup: FB .50 breask
01[10:06] {@Threei} If holds .40
[10:06] {dptl} ok..looks like quotes coming back here
01[10:07] {@Threei} half out
01[10:08] {@Threei} 1:1
01[10:09] {@Threei} 1:2
[10:09] {dptl} ty
01[10:09] {@Threei} yw
[10:10] {JoebiWan} gj vad
01[10:10] {@Threei} 1:3
01[10:10] {@Threei} I know
01[10:10] {@Threei} (is this dude-like enough?)
[10:10] {dptl} all out
01[10:11] {@Threei} I mean, wasn't it what Luke said to Princess Leia, and was considered the coolest answer ever?
[10:11] {dptl} all working now logix
[10:11] {JoebiWan} lol
[10:11] {Jenh} ty 3i!
01[10:11] {@Threei} :)
[10:21] {dptl} dal short.10 break?
01[10:24] {@Threei} nah
[10:24] {dptl} ok
[10:25] {RonS} aapl shining
[10:26] {RonS} momo no mo
[10:27] {RonS} fate sealed
01[10:27] {@Threei} lol
01[10:33] {@Threei} Short Setup: FB .60 break
01[10:33] {@Threei} If holds .70
01[10:42] {@Threei} no go
01[10:42] {@Threei} first stop today
01[11:01] {@Threei} Long Setup: VCC .90 break
01[11:01] {@Threei} VXX
01[11:01] {@Threei} If holds .80
01[11:02] {@Threei} 1:1
01[11:05] {@Threei} FB rinsed
[11:14] {dino} asps sm l .61
01[11:27] {@Threei} Long Setup: BCRX .80 break
01[11:27] {@Threei} If holds .70
01[11:43] {@Threei} Long Setup: GLD .60 break
01[11:43] {@Threei} If holds .50
01[11:45] {@Threei} Invalidated
[11:52] {dptl} out bcrx
[11:58] {dptl} brb
01[12:01] {@Threei} Long Setup: SLW .70 break
01[12:01] {@Threei} If holds .60
[12:02] {dino} brutal asps drop
01[12:05] {@Threei} Zimbabwe minister visits Crimea
01[12:05] {@Threei} delivers advice on economic improvement I guess
[12:05] {RonS} lol
[12:06] {Jenh} lol
01[12:06] {@Threei} and monetary policy
01[12:09] {@Threei} The second-to-last week of 2014 has begun with pretty slack trading and modest equity gains.
01[12:09] {@Threei} slack is right
01[12:10] {@Threei} tepid I'd say
01[12:10] {@Threei} Energy market volatility has hit natural gas hard this morning. The front-month Henry Hub contract is down about 9% on the session to $3.16, the biggest one-day loss in a year. There are no proximate causes for today's slide, however unseasonably warm weather in the US should continue through the end of the year and gas stockpiles are building as a result.
01[12:10] {@Threei} Russia's situation continues to deteriorate. The Russian central bank has bailed out its first bank, and more bailouts are expected. The bank said it would inject 30 billion rubles ($530M) into Trust bank, the country's 28th-largest lender by assets, to prevent bankruptcy.
01[12:12] {@Threei} Invalidated SLW
[12:17] {dptl} twtr?
01[12:18] {@Threei} no news that I see
[12:25] {dptl} hmm...something is up with it
[12:30] {dino} asps last try sm l .20
01[12:34] {@Threei} TWTR Ticks to session highs after CNBC teases discussion later today that may focus on the speculation that CEO Costolo could be on his way out
01[12:34] {@Threei} well respected man I guess
[12:35] {dptl} yeah...
[12:36] {dptl} Vad, do you like vlo short?.40
01[12:36] {@Threei} late
[12:37] {dptl} on pull back?
01[12:37] {@Threei} I doubt it
[12:37] {dptl} ok
[12:42] {dptl} how about dal short .50?
01[12:43] {@Threei} long on recross rather
[12:44] {JoebiWan} long .50?
01[12:45] {@Threei} yeah
01[12:45] {@Threei} not a horribly compelling play
[12:48] {dptl} where would be stop?.44?
01[12:49] {@Threei} yeah
[12:49] {dptl} ok i'll try
[12:49] {dptl} .05 c risk
01[12:53] {@Threei} take half
[12:54] {dptl} did
[12:57] {dptl} took more here ty
[12:57] {dptl} will trail under .60
01[12:57] {@Threei} :)
[12:59] {dptl} out
[13:03] {Jenh} twtr capitulation? .45?
01[13:03] {@Threei} ?
01[13:03] {@Threei} don't understand
[13:04] {Jenh} strong upward move could lead to quick downward?
[13:04] {Jenh} oh wait i was looking at 5 min not 1 min chart
[13:04] {Jenh} seemed like a quicker move up
01[13:04] {@Threei} yes but reversal point is too far from here, late for shorting
[13:05] {Jenh} oh ok. where would the reversal have been?
01[13:05] {@Threei} .70
[13:05] {Jenh} ah ic now. thanks
[13:15] {nemo} oh oh, looks like data feed fees are going up
[13:30] {nemo} IWM looks short here
[13:33] {nemo} gues two way
[13:35] {dptl} dal .70 long?
[13:35] {nemo} should test 48
01[13:36] {@Threei} don't like these entries rigth now
01[13:36] {@Threei} .60 would have been a good one
01[13:37] {@Threei} .70 is 50/50
[13:37] {dptl} ok
[13:37] {nemo} IH&S
[13:37] {nemo} looks like IWM break .30 but such a quiet market
[13:57] {nemo} LYB
[14:00] {dptl} twtr .46 long?
01[14:01] {@Threei} nah
[14:03] {dptl} ok
[14:06] {nemo} Joe Cocker took the big dirt nap
[14:07] {RonS} ya, but did he take his backup black chicks with him?
[14:07] {nemo} he always had great backup bands
[14:08] {nemo} First time I saw him was in Munich 1984
[14:08] {nemo} I was awed
[14:12] {nemo} hey dino, think jets should fire the GM and keep coach
[14:15] {dptl} Vad cop? .50 break short?
[14:15] {dptl} if holds .60
01[14:16] {@Threei} worth a try
[14:20] {dptl} out some.41
[14:22] {dptl} 1:2 more
01[14:22] {@Threei} :)
[14:25] {dptl} done
[14:26] {dptl} ty
01[14:29] {@Threei} yw
[14:38] {dptl} twtr .40 short?
01[14:38] {@Threei} yes
01[14:38] {@Threei} SPY lost will to live
[14:38] {dptl} yeah same idea
01[14:38] {@Threei} downdraft is very likely now
[14:39] {dptl} ok in .51 stop
[14:45] {nemo} you've heard of shark week...probably scalp week
01[14:46] {@Threei} so far most trades worked nicely
01[14:47] {@Threei} but our most pressing dilemma is about Friday...
[14:47] {dptl} lets not bother
[14:47] {nemo} I have no dilemma
01[14:48] {@Threei} come out and play or stay in bed and enjoy the comfort of eggnog (replaced by cognac for more reasonable ones)
[14:48] {JoebiWan} drinking sounds like more fun
[14:48] {Jenh} i vote for eggnog
[14:48] {nemo} I vote for the posturepedic polka
01[14:48] {@Threei} yeah, that's not likely to be a worthy trading day, lol
[14:49] {dptl} trail to .46 Vad?
01[14:49] {@Threei} sure
01[14:51] {@Threei} half out
01[14:51] {@Threei} and trail to .41
01[14:51] {@Threei} let's cement gains
[14:51] {dptl} yes
[14:55] {dptl} so? we'll take fri off?
01[14:55] {@Threei} let's decide on Wed
[14:55] {nemo} we'll be here, just don't tell DP
01[14:55] {@Threei} who knows, maybe me get worldwide meltdown
01[14:56] {@Threei} and nemo will want to enjoy it
[14:56] {nemo} one could only hope
[14:56] {nemo} North Korea having major internet outages today
01[14:56] {@Threei} and we want to watch nemo being happy
01[14:56] {@Threei} this is once a century chance
[14:56] {nemo} NSA must have let out the junior varsity squad
01[14:56] {@Threei} hehe
[14:56] {nemo} only if I'm killing something
01[14:57] {@Threei} yeah, but if world falls apart, I am sure you'll be smiling even if passively observing
[14:57] {nemo} I'd be so happy, I could just shit
[14:57] {nemo} Friend of mine just got 90 days in jai
[14:57] {nemo} jail
01[14:57] {@Threei} that's a bit more detail we needed
[14:57] {nemo} Minimum judge could give him
[14:58] {nemo} caught a guy beating up his golden retriever
[14:58] {nemo} that is my friend's
[14:58] {nemo} my buddy broke body parts...judge said she had to do something
[14:58] {Jenh} that's terrible. he shouldn't get any jail time imo
[14:59] {nemo} he did go a bit overboard
01[14:59] {@Threei} no such thing for the animal-abuser
[14:59] {dptl} rinsed balace twtr
[14:59] {nemo} broke an arm a leg several ribs causing a puncture lung
[14:59] {nemo} I agree
[14:59] {nemo} I would have offed him and put a knife in his hand
[14:59] {Jenh} personally i don't think there's an overboard
01[14:59] {@Threei} neither do I
[14:59] {Jenh} exactly 3i :)
01[15:00] {@Threei} golden retriever, sheesh
01[15:00] {@Threei} how do you bring yourself to beat that cutie?
[15:00] {nemo} Well, there's what's deserved and what the law allows....it sucks...but I've had to tiptoe that one on more than one occasion...
[15:00] {nemo} when the adrenalin is flowing hard to keep perspective
[15:01] {nemo} Threei.......
[15:01] {nemo} people are assholes
[15:01] {nemo} plain and simple
01[15:01] {@Threei} believe me, I am familiar with that concept with not a hint of vagueness
01[15:02] {@Threei} I am from the country of assholes
[15:02] {nemo} some people are alive simply because it's against the law to kill them....
[15:02] {nemo} and some of those are family
[15:04] {Jenh} looking forward to the holidays? :)
[15:04] {nemo} never
[15:04] {nemo} screws up my routine
[15:04] {nemo} my drum of sulphuric acid and ton of lime are gonna' be late
01[15:05] {@Threei} need some cement?
[15:05] {nemo} shit know, preserves evidence...wtf...you watch too much tv
01[15:06] {@Threei} what evidence, fish takes care of that
[15:06] {nemo} mmmhhh, DT IWM and SPY?
01[15:06] {@Threei} whatever... just trying to be helpful for once... sniff sniff
[15:07] {nemo} wanna' be helpful?
[15:07] {nemo} shoot ese
01[15:07] {@Threei} no way
[15:07] {nemo} why?
01[15:07] {@Threei} have you seen his band girls??
[15:07] {nemo} good point
[15:08] {nemo} o.k rig his bass drum with explosives so it only blows off his foot
01[15:08] {@Threei} to refresh your memory and to sent dp on the floor once again: http://www.themidnights.com/images/gallery-new-large/A7148365.jpg and http://www.themidnights.com/images/gallery-new-large/A7148335.jpg
01[15:09] {@Threei} and I get to do their photo promotion shots
[15:09] {nemo} I remember, but I'm 3+ thousand miles away
[15:09] {dptl} man...not again...lol
[15:09] {nemo} oh, he got a new one
[15:09] {dptl} damn it...i looked agai
[15:10] {dptl} again
01[15:10] {@Threei} lol
[15:10] {nemo} finnies still moving up
[15:10] {nemo} likely no pullbacks
[15:11] {dptl} why i am not a musician
[15:11] {dptl} ?
[15:11] {nemo} I used to work in Rock&Roll
01[15:11] {@Threei} Short Setup: COP .40 break
01[15:11] {@Threei} If holds .50
[15:12] {dptl} wasjust about to ask :)
01[15:13] {@Threei} btw, add cats to golden retrievers... cat abuser, broken ribs are just not enough'
01[15:14] {@Threei} broken neck is more like it
[15:14] {nemo} any animal...my brother threatened bunny once...I would have pleaded temporary insanity
[15:15] {nemo} tells you how nuts my family is...even though he knows my background, he threatened bunny...we're definitely a coupla' sandwiches short of a picnic
[15:16] {nemo} reminds me, yesterday was the solstice, gotta' change out my magazines
[15:16] {nemo} oh btw...joebi wan
[15:16] {JoebiWan} hm
[15:16] {nemo} you seen the new compact S&W 1911 Pro Series...sweet
[15:17] {JoebiWan} have not. will check it out
[15:17] {nemo} very nice...was at the range with the Smith Rep. Handles real well...very smooth, not surprising for the caliber actually
[15:18] {nemo} I'm not a fan of their standard issues...but the Pro Shop issues tend to be very good performers
01[15:20] {@Threei} no go
[15:20] {dptl} ah..stopped cop
01[15:25] {@Threei} Long Setup: CUBA 13 break hl
01[15:25] {@Threei} If holds .85
[15:28] {dptl} twtr?
[15:28] {dptl} long?
01[15:28] {@Threei} Invalidated
01[15:29] {@Threei} can't tell TWTR
[15:29] {dptl} another shot at cop .50 short?
01[15:30] {@Threei} relax
[15:30] {dptl} :) ok
01[15:30] {@Threei} stop running around like a chicken with head off looking for 15 trades a minute
01[15:33] {@Threei} Long Setup: JPM .90 break
01[15:33] {@Threei} If holds .80
01[15:41] {@Threei} stop to .84
01[15:46] {@Threei} meh
[15:46] {dptl} out jp
01[15:46] {@Threei} ok guys, thank you all
01[15:46] {@Threei} have a good evening, see you tomorrow
[15:46] {Jenh} ty 3i! gn everyone
[15:47] {dptl} gn
Friday, December 19, 2014
Market Week Wrap-up
TradeTheNews.com Weekly
Market Update: Turbulence Sets Up Santa Claus Rally
Fri, 19 Dec 2014 16:26 PM EST
The risk-off tone seen in markets last week lingered early this week with crude prices still sinking and the Russia's situation worsening. But by midweek authorities in Moscow took dramatic action to gird the ruble while oil prices, and probably more importantly the oil related stocks were helpfully stabilizing. Heading into Wednesday's FOMC meeting investor risk appetite appeared to be building; which was evident in narrowing junk bond spreads and the stabilization of several emerging market currencies, most notably the ruble. That afternoon the FOMC gave an upbeat assessment of the economy and replaced the "considerable time" component of its statement with a pledge to be "patient in beginning to normalize monetary policy." This cemented expectations that Fed remains on course for a mid-2015 rate lift off. Thursday saw the S&P 500 have its best day in more than a year and the Dow surged 400 points. US Treasury yields lifted post-FOMC and the curve steepened as the long end underperformed. There was some slightly better preliminary German and Euro Zone manufacturing PMI data, and the German December ZEW survey was much better than expected, providing a slight glimmer of hope for Europe as well. Stocks put in yet another V-shaped bottom, and for the week the DJIA rose 3%, the Nasdaq added 2.4%, and the S&P500 gained 3.4%, leaving the broad index back near all-time highs.
Oil seemed to find a short-term floor this week, as WTI pivoted around $56 for most of the week after marking a fresh multi-year low below $54 on Tuesday. Brent crude notably dropped below $60 but was back above the key psychological level by week's end. Nevertheless, crude is still on track to record its fourth consecutive weekly decline, and OPEC continues to signal it is comfortable with letting the rout run awhile longer. In public statements, Gulf OPEC members said they can wait for a long time for prices to stabilize. The Saudi Oil Minister said it would be difficult if not impossible for OPEC and Saudi Arabia to cut production, though he felt certain that the current oil market issues are "temporary" and caused in part by market speculators.
Russia entered full-blown crisis mode this week as continued oil declines kept hammering the ruble. Last week's 100 bps rate hike did little to stem the slide in the ruble, and on Monday USD/RUB rose another 10%, to above 66. This prompted another surprise Russia Central Bank move, this time a massive 650 bps hike of its key rate to 17%. This momentarily knocked USD/RUB back down to 58, but then the pair rapidly jumped on Tuesday to as high as 78, prompting a real sense of panic. The Russian Finance Ministry intervened with some FX purchases, but more importantly threatened fresh "measures" to stabilize the ruble while also ruling out capital controls. Further interventions and news that the government and the central bank had agreed to vaguely outlined "measures" seem to have stabilized the currency around 60 to the dollar.
Note that in the search for reasons behind the chaos in Russia, more analysts are pointing to oil giant Rosneft's sale of 625 billion rubles in new bonds last Friday - a deal worth $10.9 billion at the time - to help repay a $7 billion loan by December 21st. State banks bought the bonds, which were then deposited at the Russia Central Bank, and analysts suggest this big infusion of freshly-minted rubles was the proximate cause of the panic, aided and abetted by the continuing slide in oil.
Switzerland surprised markets on Thursday with an unscheduled policy adjustment, nudged in part by massive safe-haven flows from the Russian crisis as well as Europe's continuing troubles. The Swiss central bank moved to negative interest rates, widening its three-month Libor band to -0.75% to +0.25% from 0.00-0.25% prior. The move to charge banks for overnight deposits should help to crimp a recent rise in the safe-haven Swiss franc, which has appreciated markedly in recent weeks amid Russia's currency crisis and the ECB's moves toward deflation and sovereign QE. Note that the effective date of the rate cut, January 22nd, is also the date of the next ECB policy meeting.
FedEx lost as much as 5% after missing top- and bottom-line expectations by a hair in its second quarter earnings on Wednesday morning. Oracle gained 10% on Thursday thanks to excellent guidance for third quarter and showing more evidence that its cloud strategy is working. Red Hat earnings also benefited from the industry migration toward the cloud, sending its shares up 10% on Friday.
The US Financial Stability Oversight Council voted 9-1 on Thursday to designate MetLife as a 'systemically important' financial institution (SIFI) on Thursday. In naming the insurance giant a potential danger to the financial system, regulators aired concerns that in a crisis, the company could be forced to dump a large amount of bonds at fire-sale prices. The council also served notice on the asset management industry, from BlackRock and Fidelity to large mutual funds or managers inside large insurance firms, warning that their potential risks to financial stability are now under close scrutiny.
Shanghai Composite trading remained a one-way street with the 4th consecutive week of solid gains, taking the mainland index to a 4-year high above 3,100. China HSBC flash manufacturing PMI for December fell into contraction for the first time in 7 months at 49.5, below the 49.8 consensus, although the bulk of the decline was due to a faster rate of decrease in input and output prices. The housing market correction eased off, as November new home prices fell 0.6% against October's drop of 0.8%. Money market rates also hit 10-month highs on short-term demand for cash ahead of upcoming IPO offerings, while offshore Yuan moved to 5-month lows on broad-based dollar strength.
In Japan, the ruling LDP party got the mandate it sought to proceed with Abenomics with an overwhelming victory in the Lower House elections on Sunday, comfortably retaining a 2/3rd supermajority. PM Abe cheered the support, pledging to continue his reforms with the focus on boosting wages in 2015. Moody's, which recently cut Japan's rating, acknowledged the election results were important for Japan's credit standing. In a surprise move on Friday, the BoJ raised its assessment on industrial production, exports, and housing investment, while subsequent commentary from Governor Kuroda maintained that CPI is still on track to hit the 2% inflation target. Yen weakness associated with the post-FOMC rise in US yields was also instrumental in helping the Nikkei225 to pull out of a nose-dive and it registered a 1.4% gain for the week, as USD/JPY reclaimed some ground lost in the outside bearish reversal of last week.
Fri, 19 Dec 2014 16:26 PM EST
The risk-off tone seen in markets last week lingered early this week with crude prices still sinking and the Russia's situation worsening. But by midweek authorities in Moscow took dramatic action to gird the ruble while oil prices, and probably more importantly the oil related stocks were helpfully stabilizing. Heading into Wednesday's FOMC meeting investor risk appetite appeared to be building; which was evident in narrowing junk bond spreads and the stabilization of several emerging market currencies, most notably the ruble. That afternoon the FOMC gave an upbeat assessment of the economy and replaced the "considerable time" component of its statement with a pledge to be "patient in beginning to normalize monetary policy." This cemented expectations that Fed remains on course for a mid-2015 rate lift off. Thursday saw the S&P 500 have its best day in more than a year and the Dow surged 400 points. US Treasury yields lifted post-FOMC and the curve steepened as the long end underperformed. There was some slightly better preliminary German and Euro Zone manufacturing PMI data, and the German December ZEW survey was much better than expected, providing a slight glimmer of hope for Europe as well. Stocks put in yet another V-shaped bottom, and for the week the DJIA rose 3%, the Nasdaq added 2.4%, and the S&P500 gained 3.4%, leaving the broad index back near all-time highs.
Oil seemed to find a short-term floor this week, as WTI pivoted around $56 for most of the week after marking a fresh multi-year low below $54 on Tuesday. Brent crude notably dropped below $60 but was back above the key psychological level by week's end. Nevertheless, crude is still on track to record its fourth consecutive weekly decline, and OPEC continues to signal it is comfortable with letting the rout run awhile longer. In public statements, Gulf OPEC members said they can wait for a long time for prices to stabilize. The Saudi Oil Minister said it would be difficult if not impossible for OPEC and Saudi Arabia to cut production, though he felt certain that the current oil market issues are "temporary" and caused in part by market speculators.
Russia entered full-blown crisis mode this week as continued oil declines kept hammering the ruble. Last week's 100 bps rate hike did little to stem the slide in the ruble, and on Monday USD/RUB rose another 10%, to above 66. This prompted another surprise Russia Central Bank move, this time a massive 650 bps hike of its key rate to 17%. This momentarily knocked USD/RUB back down to 58, but then the pair rapidly jumped on Tuesday to as high as 78, prompting a real sense of panic. The Russian Finance Ministry intervened with some FX purchases, but more importantly threatened fresh "measures" to stabilize the ruble while also ruling out capital controls. Further interventions and news that the government and the central bank had agreed to vaguely outlined "measures" seem to have stabilized the currency around 60 to the dollar.
Note that in the search for reasons behind the chaos in Russia, more analysts are pointing to oil giant Rosneft's sale of 625 billion rubles in new bonds last Friday - a deal worth $10.9 billion at the time - to help repay a $7 billion loan by December 21st. State banks bought the bonds, which were then deposited at the Russia Central Bank, and analysts suggest this big infusion of freshly-minted rubles was the proximate cause of the panic, aided and abetted by the continuing slide in oil.
Switzerland surprised markets on Thursday with an unscheduled policy adjustment, nudged in part by massive safe-haven flows from the Russian crisis as well as Europe's continuing troubles. The Swiss central bank moved to negative interest rates, widening its three-month Libor band to -0.75% to +0.25% from 0.00-0.25% prior. The move to charge banks for overnight deposits should help to crimp a recent rise in the safe-haven Swiss franc, which has appreciated markedly in recent weeks amid Russia's currency crisis and the ECB's moves toward deflation and sovereign QE. Note that the effective date of the rate cut, January 22nd, is also the date of the next ECB policy meeting.
FedEx lost as much as 5% after missing top- and bottom-line expectations by a hair in its second quarter earnings on Wednesday morning. Oracle gained 10% on Thursday thanks to excellent guidance for third quarter and showing more evidence that its cloud strategy is working. Red Hat earnings also benefited from the industry migration toward the cloud, sending its shares up 10% on Friday.
The US Financial Stability Oversight Council voted 9-1 on Thursday to designate MetLife as a 'systemically important' financial institution (SIFI) on Thursday. In naming the insurance giant a potential danger to the financial system, regulators aired concerns that in a crisis, the company could be forced to dump a large amount of bonds at fire-sale prices. The council also served notice on the asset management industry, from BlackRock and Fidelity to large mutual funds or managers inside large insurance firms, warning that their potential risks to financial stability are now under close scrutiny.
Shanghai Composite trading remained a one-way street with the 4th consecutive week of solid gains, taking the mainland index to a 4-year high above 3,100. China HSBC flash manufacturing PMI for December fell into contraction for the first time in 7 months at 49.5, below the 49.8 consensus, although the bulk of the decline was due to a faster rate of decrease in input and output prices. The housing market correction eased off, as November new home prices fell 0.6% against October's drop of 0.8%. Money market rates also hit 10-month highs on short-term demand for cash ahead of upcoming IPO offerings, while offshore Yuan moved to 5-month lows on broad-based dollar strength.
In Japan, the ruling LDP party got the mandate it sought to proceed with Abenomics with an overwhelming victory in the Lower House elections on Sunday, comfortably retaining a 2/3rd supermajority. PM Abe cheered the support, pledging to continue his reforms with the focus on boosting wages in 2015. Moody's, which recently cut Japan's rating, acknowledged the election results were important for Japan's credit standing. In a surprise move on Friday, the BoJ raised its assessment on industrial production, exports, and housing investment, while subsequent commentary from Governor Kuroda maintained that CPI is still on track to hit the 2% inflation target. Yen weakness associated with the post-FOMC rise in US yields was also instrumental in helping the Nikkei225 to pull out of a nose-dive and it registered a 1.4% gain for the week, as USD/JPY reclaimed some ground lost in the outside bearish reversal of last week.
Dec 19 2014
Strong finish to a strong week. 5 winning days in a row, and ending the Friday with 2 1:2ers on the last minutes makes for a good weekend.
Session Start: Fri Dec 19 00:00:00 2014
[08:54] {dino} gm
01[08:54] {@Threei} dino :)
[08:54] {JoebiWan} morning
01[08:54] {@Threei} jw :)
[09:05] {dptl} gm
01[09:06] {@Threei} dp :)
[09:10] {Jenh} gm
01[09:11] {@Threei} jen :)
01[09:16] {@Threei} Upside:
01[09:16] {@Threei} -PETX +38% (positive top-line results from AT-001 pivotal field study in client-owned dogs with osteoarthritis)
01[09:16] {@Threei} -TRXC +27% (completed successful pre-clinical robotic surgical procedures; management affirms FDA timeline)
01[09:16] {@Threei} -CERS +15% (FDA approves INTERCEPT blood system for platelets)
01[09:16] {@Threei} -RHT +11% (earnings, guidance)
01[09:16] {@Threei} -KMX +9.5% (earnings)
01[09:16] {@Threei} -PIR +9% (earnings)
01[09:16] {@Threei} -OREX +8% (Feuerstein sees OREX's weight-loss pill is a mix of efficacy and safety placing it in the middle of Vivus's Qysmia & Arena's Belviq)
01[09:16] {@Threei} -CYT +7.5% (offering $250M aggregate principal amount of senior notes due 2025)
01[09:16] {@Threei} -ALLY +5% (agreement with DoJ to continue investigation of potential claims under the False Claims; filed common stock shelf of an indeterminate size)
01[09:16] {@Threei} -HALO +4.4% (confirmed receipt of EU orphan drug designation for PEGylated Recombinant Human Hyaluronidase PH20 for pancreatic cancer)
01[09:16] {@Threei} -OGXI +2.6% (results from the Phase 2 Borealis-1 trial of Apatorsen in treating bladder cancer)
01[09:17] {@Threei} Downside:
01[09:17] {@Threei} -IMGN -41% (update on Phase 3 MARIANNE study in people with previously untreated advanced HER2-Positive breast cancer)
01[09:17] {@Threei} -NQ -14% (earnings)
01[09:17] {@Threei} -BBRY -6.4% (earnings)
01[09:17] {@Threei} -RHHBY -6% (granted global license with Hapten Pharma for use of Samcypron)
01[09:17] {@Threei} -NKE -2% (earnings)
[09:17] {RonS} hello...ccl pressure
01[09:17] {@Threei} ron :)
[09:23] {nemo} damn, they didn't bust those fat finger spy trades yesterday...threw the pivot calculations all off
[09:23] {nemo} that's never happened before
[09:23] {nemo} we could have funny games today
[09:24] {nemo} oh, and when I say never, in the 7 years I've been tracking pivots
[09:24] {dino} considering you're only 8 years old, thats about never
[09:24] {RonS} but if you were ese would say 6.8152
01[09:25] {@Threei} lol
01[09:25] {@Threei} ese is on his way to Nanaimo... have some sympathy
[09:25] {nemo} No, if I were ese I'd commit suicide
[09:26] {nemo} actually Seppuku just to make him suffer more
[09:26] {nemo} well, I'd have to be Samurai for Seppuku, so Hara Kiri
[09:27] {nemo} small useles bit of trivia- Seppuku means "sincerity" and by cutting the lower abdomen they were releasing the soul
[09:27] {dino} sure
[09:28] {nemo} he says sarcastically
[09:28] {dino} :)
[09:28] {RonS} gut wrenching detail?
01[09:28] {@Threei} lol
[09:28] {dino} good one
[09:28] {nemo} yeah, props to Ron
[09:28] {nemo} dick
[09:28] {RonS} perfect
[09:29] {nemo} quoting Last Samurai, Ron? actually very good movie
[09:29] {nemo} which I don't often say about a Tom Cruise movie
[09:29] {RonS} agree
[09:30] {dino} that was a good movie
[09:31] {nemo} The movies where he has a strong co star seem to be his best
01[09:32] {@Threei} Long Setup: VXX .25 break
01[09:32] {@Threei} If holds .15
01[09:33] {@Threei} hit .34 before I even typed a stop
[09:34] {dptl} out
01[09:36] {@Threei} Short Setup: GLD 115 break
01[09:36] {@Threei} If holds .10
[09:45] {nemo} futes puking
[09:45] {nemo} broke support
[09:45] {nemo} DAX STB on new sanctions
[09:49] {RonS} stb?
[09:49] {nemo} Shit The Bed
[09:50] {RonS} oh, of course...
[09:53] {dino} adding some amba calls
01[09:54] {@Threei} 1:1
[09:56] {dptl} out on trail ty
01[09:57] {@Threei} yw but why?
[09:57] {nemo} it's dp
[09:57] {dptl} ?
01[09:57] {@Threei} never went over 115
[09:57] {nemo} neither has dp's IQ
[09:58] {dptl} did i got .02
[09:58] {nemo} IWM back above yearly highs
[09:58] {nemo} 118.95 fib extension and the proverbial "hair" below 119
[10:00] {dptl} bids was.01... man this is wierd ..now i am looking at chart and it and it didt.....so how could i get .02 fill???? where is it? if chart is not showing it the trade never happend, but i have confirmation it did??
[10:01] {dptl} i mean where is my trade on the chart?
01[10:03] {@Threei} Long Setup: DAL .80 break
01[10:03] {@Threei} If holds .70
01[10:07] {@Threei} trail to .74
[10:07] {dino} hedj sm l .67
[10:07] {dino} dxj sm l .07
[10:08] {dino} dp, chart wrong
01[10:09] {@Threei} 1:1
01[10:10] {@Threei} 1:2
01[10:11] {@Threei} 1:3
[10:11] {JoebiWan} out ty vad
01[10:11] {@Threei} yw
[10:12] {JoebiWan} brb
[10:12] {Jenh} ty 3i!
[10:13] {dptl} all out ty......tell me... if trade happend...it should be shown on chart and on t&s, rigth? specialy on time and sale....but i never saw that trade there...and its not a first time
01[10:13] {@Threei} yw guys
01[10:13] {@Threei} I don't know dp
01[10:13] {@Threei} just don't freak out
[10:13] {nemo} looked for cannot be seen (hsi) listened for cannot be heard
01[10:13] {@Threei} you sound like you can't breathe
[10:15] {dptl} this is first time working with DA access softwere, and i worked with few different ones, i dont see my trades going on t&s.....its just wierd to me
01[10:29] {@Threei} nemo, may I ask you to take this test and inform us of the results:
01[10:29] {@Threei} http://www.bbc.com/news/health-30500372
[10:30] {nemo} Your drinking habits are unlike the average from any country.
[10:30] {nemo} But your closest match on overall consumption alone is Belarus, the heaviest-drinking country in the world
01[10:30] {@Threei} thought so
[10:31] {nemo} well, I have to make up for you
01[10:31] {@Threei} thank you for taking care of that
[10:31] {nemo} my pleasure
[10:31] {nemo} http://goo.gl/w1ym4v
[10:31] {dptl} i think there may be something with logix blotters, not showing actual executed numbers, but just capturing offer or bid price at the moment of execution.
01[10:33] {@Threei} ummmm... do they calculate your actual profit by actual executions? :)
[10:33] {dptl} yes
01[10:34] {@Threei} and that's different from what you see in closed position blotter??
[10:38] {dptl} i will check tomorrow that gld trade after setelment, to see what the price was, and if it dif, then its a blotter....what i mean Vad, i have trade, wich was executed at price according to blotter, wich never showed on the chart and t&s
[10:39] {dptl} so i suspect that i acualy was filled at dif price, then blotter is showing me
[10:39] {nemo} check your server message console
[10:40] {dptl} i did, its same, its always same
[10:41] {nemo} then calculate your gains based on that then compare it to what Nevis sends out in their emails
01[10:42] {@Threei} Short Setup: MCD .10 break
[10:42] {dptl} well thats what i mean....i will check tomorrow that trade to see what was setteled price
01[10:42] {@Threei} If holds .20
01[10:43] {@Threei} 1:1
[10:45] {dptl} out on trail ty
01[10:45] {@Threei} yw
01[10:45] {@Threei} and yes, it did print .11 :)
[10:45] {dptl} see
[10:45] {dptl} this one yes
[10:46] {dptl} gld never did
[10:46] {dptl} but my blotter says it did
[10:47] {nemo} and Dino sees dead people
[10:47] {dptl} lol
01[10:47] {@Threei} and I see dead pixels
[10:47] {nemo} sheesh Quad witch Friday with that frickin' SPY spike yesterday
[10:49] {RonS} icon sm l .50
01[10:50] {@Threei} [SNE] Reportedly Sony hackers send message indicating they are pleased Sony pulled "The Interview" from theaters - press - Hackers say they will not release any more Sony data unless the company "makes additional trouble."
[10:54] {dino} crazy sne, letting others cencor it
[10:54] {dino} censor
01[10:55] {@Threei} yeah, this just encourages new attacks of this kind
[10:56] {RonS} out icon -.05 looks and acts lower
[10:56] {dino} yes it does
[10:56] {dino} now sne has north korea telling it what movies they will allow, unbelievable
[10:56] {nemo} NKE
[10:57] {dino} nke sm l .60
[10:57] {nemo} yep
[10:57] {nemo} first target above .80, vwap way the fuck up there
[10:58] {dino} about a buck
[10:59] {nemo} yeah, looks farther on the chart ;-)
[11:00] {nemo} first resistance here
[11:00] {dino} my stop is .49, lets let it work
[11:01] {nemo} Quad witch day, too precarious my stop under .60
[11:04] {dino} kye drop
[11:06] {dino} nke stop
[11:06] {nemo} nke likely a short the rest of the day
[11:07] {nemo} it was #1 weak on algo this morning, then when it couldn't break through that 80ish resistance I was like, "Oh, oh" thus my stop under .60
[11:11] {dino} slow day
[11:11] {nemo} not surprising actually
[11:11] {dino} brb
01[11:12] {@Threei} Energy and materials names are among the biggest gainers in the S&P500 this morning as broader equity markets move higher again this morning. Crude is moving sideways again this morning, with WTI around $55.70 and Brent is back around $62. Today is quadruple witching, driving above-average trading volume.
[11:12] {nemo} duh
[11:12] {dptl} lol
[11:13] {nemo} jen, dcc
01[11:13] {@Threei} Shares of Nike are down nearly 4% this morning despite the firm's decent second-quarter numbers. Margins were strong, sales in all geographies were up by double digits, but the firm's worldwide future orders guidance was only +7%, its lowest rate in a year.
01[11:13] {@Threei} sheesh
01[11:13] {@Threei} lol
[11:14] {Jenh} dcc?
[11:14] {nemo} you on mirc?
[11:14] {Jenh} no the website
[11:14] {Jenh} nm
01[11:14] {@Threei} slang for private message jen
[11:25] {nemo} it's all algo trading all the time today so far
[11:25] {dino} aspx spike
[11:26] {dino} sm s .75
[11:28] {nemo} LVS
[11:29] {dino} cov aspx .90, +.85
[11:29] {JoebiWan} gj
[11:29] {dino} ty
[11:30] {nemo} VXX
[11:30] {dino} think i need to just go back to my wait for spikes/capits mode
[11:30] {nemo} choppy frickin day
[11:31] {nemo} mmmhhhh drink or go hunting
[11:31] {nemo} drink and go hunting, mmmmhhhh
[11:31] {dino} lol, thinking about taking a nap
[11:32] {nemo} o.k. DAX closed
[11:32] {dino} out hedj .74, +.08
[11:33] {nemo} killin' it there today Dino
[11:33] {dino} out dxj .15, +
[11:33] {dino} +.08
[11:33] {nemo} flossin' with barbed wire
[11:33] {dino} yeah
01[11:49] {@Threei} Long Setup: CCL .95 break
01[11:49] {@Threei} If holds .85
[12:00] {dptl} vali still?
[12:01] {dptl} valid?
01[12:01] {@Threei} yes
[12:09] {dptl} not anymore i guess
01[12:19] {@Threei} valid again
[12:32] {dptl} held .85 few times
[12:34] {nemo} today as clear as mud
[12:37] {nemo} XIV .95 break interesting
[12:38] {nemo} hah, telport
[13:13] {dptl} .
01[13:18] {@Threei} market is glued
[13:18] {dino} no kidding
[13:23] {pamsv} thanks all - have a great weekend - catch you next week
01[13:23] {@Threei} you too pam
[13:24] {dptl} out ccl
[13:25] {Jenh} same here
[13:26] {dptl} brb
[13:46] {dptl} do you like vlo short Vad?
[13:46] {nemo} shorting the oil complex is iffy in this quiet market
01[13:46] {@Threei} not really
[13:46] {dptl} ok ty
01[13:46] {@Threei} not that long was more attractive
[13:47] {dptl} ye really quite today
[13:48] {nemo} I'm tempted to short XOP but I think it wants to close the gap on @49.60ish first
[13:56] {nemo} iwm kissed fib extension
[13:58] {nemo} serious volume XOP
[13:58] {nemo} might be getting a bit of euphoria
01[13:58] {@Threei} makes me think long VLO
[14:00] {nemo} If I knew for certain that a man was coming to my house to do me good, I would run for my life. - Henry David Thoreau
[14:01] {nemo} XOP stays above .80 could be
01[14:11] {@Threei} anyone went for it, half out here
[14:11] {dptl} you went where?
01[14:12] {@Threei} 48 break
[14:23] {JoebiWan} xom short?
01[14:23] {@Threei} nah
01[14:24] {@Threei} I'd rather go for .80 break long
[14:24] {JoebiWan} ty
01[14:25] {@Threei} may I change my answer?
[14:25] {nemo} if there's no exogenous news over the next couple of weeks...market should basically be a long even if they sell down the futes in the overnight
[14:26] {JoebiWan} sure lol
[14:26] {nemo} watch for .60 bounce
[14:27] {nemo} roof on VXX is the pivot so far
[14:32] {dptl} rig?
[14:32] {dptl} .50 recross?
01[14:33] {@Threei} long?
01[14:34] {@Threei} short?
[14:34] {dptl} long
01[14:34] {@Threei} yes
01[14:34] {@Threei} 1:2 VLO
[14:34] {dptl} to late
01[14:34] {@Threei} don't make me read your thoughts next time :)
[14:34] {dptl} :)
01[14:34] {@Threei} I can barely what you type
01[14:35] {@Threei} let alone what you think
[14:39] {dptl} how about cop long?
01[14:39] {@Threei} yes but I think don't count on much
01[14:39] {@Threei} just a scalp
01[14:44] {@Threei} 1:1
[14:45] {JoebiWan} ty
[14:45] {JoebiWan} out
01[14:45] {@Threei} 1:2
01[14:45] {@Threei} lol, it made in 3 min almost half of it's day's range
[14:45] {dptl} out
[14:49] {dptl} its just woke up all of sudden
[14:53] {JoebiWan} sdrl .45 break?
01[14:55] {@Threei} can't tell
[15:04] {dptl} jpm Vad? .30 short ...small stop
[15:11] {dptl} charts stopped ?
[15:11] {dptl} oh going again
06[15:11] * nemo says, "worked"
01[15:13] {@Threei} Long Setup: COP .40 break'
01[15:13] {@Threei} grrr
01[15:13] {@Threei} late
[15:14] {dptl} grrrrrrrr
[15:19] {nemo} spy could break higher heare
[15:19] {nemo} here
[15:21] {nemo} could be the DT also
01[15:27] {@Threei} Short Setup: JPM .15 break
01[15:27] {@Threei} If holds .25
[15:27] {nemo} support right here
01[15:29] {@Threei} which is why it's a short if breaks it
[15:29] {nemo} no selling pressure in market everything going up
[15:35] {nemo} maybe just maybe XOP setting up short
[15:38] {nemo} wow
[15:38] {nemo} this would likely be the point
[15:40] {nemo} FB
01[15:41] {@Threei} Long Setup: TWTR .85 break
01[15:41] {@Threei} If holds .75
[15:42] {nemo} SPY and IWM gonna come in a bit
[15:42] {nemo} interesting fat finger xop
[15:45] {dptl} no way to get twtr
[15:45] {dptl} in jpm
[15:47] {dptl} running out of time.....
01[15:48] {@Threei} 1:1 TWTR
[15:48] {dptl} dont know how you got it :)
[15:49] {JoebiWan} it came back
01[15:49] {@Threei} easy - on pullback
[15:49] {dptl} ohhh i was dealing with jp then
01[15:49] {@Threei} 1:1 JPM
[15:50] {dino} calling it a week guys, thx
01[15:50] {@Threei} take care dino
[15:50] {dino} u2, gn
01[15:53] {@Threei} 1:2 TWTR close enough
01[15:53] {@Threei} out
[15:53] {dptl} nice
01[15:54] {@Threei} 1:2 JPM
01[15:54] {@Threei} out
01[15:54] {@Threei} ending with a bang
[15:54] {dptl} all out jp too..ty
01[15:54] {@Threei} two bangs actually
[15:54] {JoebiWan} ty, gn all
[15:54] {dptl} bang bang
01[15:54] {@Threei} thank you all, great week
[15:54] {Jenh} thanks 3i! gn everyone.
01[15:55] {@Threei} have a great weekend, see you monday!
[15:55] {dptl} good weekend all
Session Start: Fri Dec 19 00:00:00 2014
[08:54] {dino} gm
01[08:54] {@Threei} dino :)
[08:54] {JoebiWan} morning
01[08:54] {@Threei} jw :)
[09:05] {dptl} gm
01[09:06] {@Threei} dp :)
[09:10] {Jenh} gm
01[09:11] {@Threei} jen :)
01[09:16] {@Threei} Upside:
01[09:16] {@Threei} -PETX +38% (positive top-line results from AT-001 pivotal field study in client-owned dogs with osteoarthritis)
01[09:16] {@Threei} -TRXC +27% (completed successful pre-clinical robotic surgical procedures; management affirms FDA timeline)
01[09:16] {@Threei} -CERS +15% (FDA approves INTERCEPT blood system for platelets)
01[09:16] {@Threei} -RHT +11% (earnings, guidance)
01[09:16] {@Threei} -KMX +9.5% (earnings)
01[09:16] {@Threei} -PIR +9% (earnings)
01[09:16] {@Threei} -OREX +8% (Feuerstein sees OREX's weight-loss pill is a mix of efficacy and safety placing it in the middle of Vivus's Qysmia & Arena's Belviq)
01[09:16] {@Threei} -CYT +7.5% (offering $250M aggregate principal amount of senior notes due 2025)
01[09:16] {@Threei} -ALLY +5% (agreement with DoJ to continue investigation of potential claims under the False Claims; filed common stock shelf of an indeterminate size)
01[09:16] {@Threei} -HALO +4.4% (confirmed receipt of EU orphan drug designation for PEGylated Recombinant Human Hyaluronidase PH20 for pancreatic cancer)
01[09:16] {@Threei} -OGXI +2.6% (results from the Phase 2 Borealis-1 trial of Apatorsen in treating bladder cancer)
01[09:17] {@Threei} Downside:
01[09:17] {@Threei} -IMGN -41% (update on Phase 3 MARIANNE study in people with previously untreated advanced HER2-Positive breast cancer)
01[09:17] {@Threei} -NQ -14% (earnings)
01[09:17] {@Threei} -BBRY -6.4% (earnings)
01[09:17] {@Threei} -RHHBY -6% (granted global license with Hapten Pharma for use of Samcypron)
01[09:17] {@Threei} -NKE -2% (earnings)
[09:17] {RonS} hello...ccl pressure
01[09:17] {@Threei} ron :)
[09:23] {nemo} damn, they didn't bust those fat finger spy trades yesterday...threw the pivot calculations all off
[09:23] {nemo} that's never happened before
[09:23] {nemo} we could have funny games today
[09:24] {nemo} oh, and when I say never, in the 7 years I've been tracking pivots
[09:24] {dino} considering you're only 8 years old, thats about never
[09:24] {RonS} but if you were ese would say 6.8152
01[09:25] {@Threei} lol
01[09:25] {@Threei} ese is on his way to Nanaimo... have some sympathy
[09:25] {nemo} No, if I were ese I'd commit suicide
[09:26] {nemo} actually Seppuku just to make him suffer more
[09:26] {nemo} well, I'd have to be Samurai for Seppuku, so Hara Kiri
[09:27] {nemo} small useles bit of trivia- Seppuku means "sincerity" and by cutting the lower abdomen they were releasing the soul
[09:27] {dino} sure
[09:28] {nemo} he says sarcastically
[09:28] {dino} :)
[09:28] {RonS} gut wrenching detail?
01[09:28] {@Threei} lol
[09:28] {dino} good one
[09:28] {nemo} yeah, props to Ron
[09:28] {nemo} dick
[09:28] {RonS} perfect
[09:29] {nemo} quoting Last Samurai, Ron? actually very good movie
[09:29] {nemo} which I don't often say about a Tom Cruise movie
[09:29] {RonS} agree
[09:30] {dino} that was a good movie
[09:31] {nemo} The movies where he has a strong co star seem to be his best
01[09:32] {@Threei} Long Setup: VXX .25 break
01[09:32] {@Threei} If holds .15
01[09:33] {@Threei} hit .34 before I even typed a stop
[09:34] {dptl} out
01[09:36] {@Threei} Short Setup: GLD 115 break
01[09:36] {@Threei} If holds .10
[09:45] {nemo} futes puking
[09:45] {nemo} broke support
[09:45] {nemo} DAX STB on new sanctions
[09:49] {RonS} stb?
[09:49] {nemo} Shit The Bed
[09:50] {RonS} oh, of course...
[09:53] {dino} adding some amba calls
01[09:54] {@Threei} 1:1
[09:56] {dptl} out on trail ty
01[09:57] {@Threei} yw but why?
[09:57] {nemo} it's dp
[09:57] {dptl} ?
01[09:57] {@Threei} never went over 115
[09:57] {nemo} neither has dp's IQ
[09:58] {dptl} did i got .02
[09:58] {nemo} IWM back above yearly highs
[09:58] {nemo} 118.95 fib extension and the proverbial "hair" below 119
[10:00] {dptl} bids was.01... man this is wierd ..now i am looking at chart and it and it didt.....so how could i get .02 fill???? where is it? if chart is not showing it the trade never happend, but i have confirmation it did??
[10:01] {dptl} i mean where is my trade on the chart?
01[10:03] {@Threei} Long Setup: DAL .80 break
01[10:03] {@Threei} If holds .70
01[10:07] {@Threei} trail to .74
[10:07] {dino} hedj sm l .67
[10:07] {dino} dxj sm l .07
[10:08] {dino} dp, chart wrong
01[10:09] {@Threei} 1:1
01[10:10] {@Threei} 1:2
01[10:11] {@Threei} 1:3
[10:11] {JoebiWan} out ty vad
01[10:11] {@Threei} yw
[10:12] {JoebiWan} brb
[10:12] {Jenh} ty 3i!
[10:13] {dptl} all out ty......tell me... if trade happend...it should be shown on chart and on t&s, rigth? specialy on time and sale....but i never saw that trade there...and its not a first time
01[10:13] {@Threei} yw guys
01[10:13] {@Threei} I don't know dp
01[10:13] {@Threei} just don't freak out
[10:13] {nemo} looked for cannot be seen (hsi) listened for cannot be heard
01[10:13] {@Threei} you sound like you can't breathe
[10:15] {dptl} this is first time working with DA access softwere, and i worked with few different ones, i dont see my trades going on t&s.....its just wierd to me
01[10:29] {@Threei} nemo, may I ask you to take this test and inform us of the results:
01[10:29] {@Threei} http://www.bbc.com/news/health-30500372
[10:30] {nemo} Your drinking habits are unlike the average from any country.
[10:30] {nemo} But your closest match on overall consumption alone is Belarus, the heaviest-drinking country in the world
01[10:30] {@Threei} thought so
[10:31] {nemo} well, I have to make up for you
01[10:31] {@Threei} thank you for taking care of that
[10:31] {nemo} my pleasure
[10:31] {nemo} http://goo.gl/w1ym4v
[10:31] {dptl} i think there may be something with logix blotters, not showing actual executed numbers, but just capturing offer or bid price at the moment of execution.
01[10:33] {@Threei} ummmm... do they calculate your actual profit by actual executions? :)
[10:33] {dptl} yes
01[10:34] {@Threei} and that's different from what you see in closed position blotter??
[10:38] {dptl} i will check tomorrow that gld trade after setelment, to see what the price was, and if it dif, then its a blotter....what i mean Vad, i have trade, wich was executed at price according to blotter, wich never showed on the chart and t&s
[10:39] {dptl} so i suspect that i acualy was filled at dif price, then blotter is showing me
[10:39] {nemo} check your server message console
[10:40] {dptl} i did, its same, its always same
[10:41] {nemo} then calculate your gains based on that then compare it to what Nevis sends out in their emails
01[10:42] {@Threei} Short Setup: MCD .10 break
[10:42] {dptl} well thats what i mean....i will check tomorrow that trade to see what was setteled price
01[10:42] {@Threei} If holds .20
01[10:43] {@Threei} 1:1
[10:45] {dptl} out on trail ty
01[10:45] {@Threei} yw
01[10:45] {@Threei} and yes, it did print .11 :)
[10:45] {dptl} see
[10:45] {dptl} this one yes
[10:46] {dptl} gld never did
[10:46] {dptl} but my blotter says it did
[10:47] {nemo} and Dino sees dead people
[10:47] {dptl} lol
01[10:47] {@Threei} and I see dead pixels
[10:47] {nemo} sheesh Quad witch Friday with that frickin' SPY spike yesterday
[10:49] {RonS} icon sm l .50
01[10:50] {@Threei} [SNE] Reportedly Sony hackers send message indicating they are pleased Sony pulled "The Interview" from theaters - press - Hackers say they will not release any more Sony data unless the company "makes additional trouble."
[10:54] {dino} crazy sne, letting others cencor it
[10:54] {dino} censor
01[10:55] {@Threei} yeah, this just encourages new attacks of this kind
[10:56] {RonS} out icon -.05 looks and acts lower
[10:56] {dino} yes it does
[10:56] {dino} now sne has north korea telling it what movies they will allow, unbelievable
[10:56] {nemo} NKE
[10:57] {dino} nke sm l .60
[10:57] {nemo} yep
[10:57] {nemo} first target above .80, vwap way the fuck up there
[10:58] {dino} about a buck
[10:59] {nemo} yeah, looks farther on the chart ;-)
[11:00] {nemo} first resistance here
[11:00] {dino} my stop is .49, lets let it work
[11:01] {nemo} Quad witch day, too precarious my stop under .60
[11:04] {dino} kye drop
[11:06] {dino} nke stop
[11:06] {nemo} nke likely a short the rest of the day
[11:07] {nemo} it was #1 weak on algo this morning, then when it couldn't break through that 80ish resistance I was like, "Oh, oh" thus my stop under .60
[11:11] {dino} slow day
[11:11] {nemo} not surprising actually
[11:11] {dino} brb
01[11:12] {@Threei} Energy and materials names are among the biggest gainers in the S&P500 this morning as broader equity markets move higher again this morning. Crude is moving sideways again this morning, with WTI around $55.70 and Brent is back around $62. Today is quadruple witching, driving above-average trading volume.
[11:12] {nemo} duh
[11:12] {dptl} lol
[11:13] {nemo} jen, dcc
01[11:13] {@Threei} Shares of Nike are down nearly 4% this morning despite the firm's decent second-quarter numbers. Margins were strong, sales in all geographies were up by double digits, but the firm's worldwide future orders guidance was only +7%, its lowest rate in a year.
01[11:13] {@Threei} sheesh
01[11:13] {@Threei} lol
[11:14] {Jenh} dcc?
[11:14] {nemo} you on mirc?
[11:14] {Jenh} no the website
[11:14] {Jenh} nm
01[11:14] {@Threei} slang for private message jen
[11:25] {nemo} it's all algo trading all the time today so far
[11:25] {dino} aspx spike
[11:26] {dino} sm s .75
[11:28] {nemo} LVS
[11:29] {dino} cov aspx .90, +.85
[11:29] {JoebiWan} gj
[11:29] {dino} ty
[11:30] {nemo} VXX
[11:30] {dino} think i need to just go back to my wait for spikes/capits mode
[11:30] {nemo} choppy frickin day
[11:31] {nemo} mmmhhhh drink or go hunting
[11:31] {nemo} drink and go hunting, mmmmhhhh
[11:31] {dino} lol, thinking about taking a nap
[11:32] {nemo} o.k. DAX closed
[11:32] {dino} out hedj .74, +.08
[11:33] {nemo} killin' it there today Dino
[11:33] {dino} out dxj .15, +
[11:33] {dino} +.08
[11:33] {nemo} flossin' with barbed wire
[11:33] {dino} yeah
01[11:49] {@Threei} Long Setup: CCL .95 break
01[11:49] {@Threei} If holds .85
[12:00] {dptl} vali still?
[12:01] {dptl} valid?
01[12:01] {@Threei} yes
[12:09] {dptl} not anymore i guess
01[12:19] {@Threei} valid again
[12:32] {dptl} held .85 few times
[12:34] {nemo} today as clear as mud
[12:37] {nemo} XIV .95 break interesting
[12:38] {nemo} hah, telport
[13:13] {dptl} .
01[13:18] {@Threei} market is glued
[13:18] {dino} no kidding
[13:23] {pamsv} thanks all - have a great weekend - catch you next week
01[13:23] {@Threei} you too pam
[13:24] {dptl} out ccl
[13:25] {Jenh} same here
[13:26] {dptl} brb
[13:46] {dptl} do you like vlo short Vad?
[13:46] {nemo} shorting the oil complex is iffy in this quiet market
01[13:46] {@Threei} not really
[13:46] {dptl} ok ty
01[13:46] {@Threei} not that long was more attractive
[13:47] {dptl} ye really quite today
[13:48] {nemo} I'm tempted to short XOP but I think it wants to close the gap on @49.60ish first
[13:56] {nemo} iwm kissed fib extension
[13:58] {nemo} serious volume XOP
[13:58] {nemo} might be getting a bit of euphoria
01[13:58] {@Threei} makes me think long VLO
[14:00] {nemo} If I knew for certain that a man was coming to my house to do me good, I would run for my life. - Henry David Thoreau
[14:01] {nemo} XOP stays above .80 could be
01[14:11] {@Threei} anyone went for it, half out here
[14:11] {dptl} you went where?
01[14:12] {@Threei} 48 break
[14:23] {JoebiWan} xom short?
01[14:23] {@Threei} nah
01[14:24] {@Threei} I'd rather go for .80 break long
[14:24] {JoebiWan} ty
01[14:25] {@Threei} may I change my answer?
[14:25] {nemo} if there's no exogenous news over the next couple of weeks...market should basically be a long even if they sell down the futes in the overnight
[14:26] {JoebiWan} sure lol
[14:26] {nemo} watch for .60 bounce
[14:27] {nemo} roof on VXX is the pivot so far
[14:32] {dptl} rig?
[14:32] {dptl} .50 recross?
01[14:33] {@Threei} long?
01[14:34] {@Threei} short?
[14:34] {dptl} long
01[14:34] {@Threei} yes
01[14:34] {@Threei} 1:2 VLO
[14:34] {dptl} to late
01[14:34] {@Threei} don't make me read your thoughts next time :)
[14:34] {dptl} :)
01[14:34] {@Threei} I can barely what you type
01[14:35] {@Threei} let alone what you think
[14:39] {dptl} how about cop long?
01[14:39] {@Threei} yes but I think don't count on much
01[14:39] {@Threei} just a scalp
01[14:44] {@Threei} 1:1
[14:45] {JoebiWan} ty
[14:45] {JoebiWan} out
01[14:45] {@Threei} 1:2
01[14:45] {@Threei} lol, it made in 3 min almost half of it's day's range
[14:45] {dptl} out
[14:49] {dptl} its just woke up all of sudden
[14:53] {JoebiWan} sdrl .45 break?
01[14:55] {@Threei} can't tell
[15:04] {dptl} jpm Vad? .30 short ...small stop
[15:11] {dptl} charts stopped ?
[15:11] {dptl} oh going again
06[15:11] * nemo says, "worked"
01[15:13] {@Threei} Long Setup: COP .40 break'
01[15:13] {@Threei} grrr
01[15:13] {@Threei} late
[15:14] {dptl} grrrrrrrr
[15:19] {nemo} spy could break higher heare
[15:19] {nemo} here
[15:21] {nemo} could be the DT also
01[15:27] {@Threei} Short Setup: JPM .15 break
01[15:27] {@Threei} If holds .25
[15:27] {nemo} support right here
01[15:29] {@Threei} which is why it's a short if breaks it
[15:29] {nemo} no selling pressure in market everything going up
[15:35] {nemo} maybe just maybe XOP setting up short
[15:38] {nemo} wow
[15:38] {nemo} this would likely be the point
[15:40] {nemo} FB
01[15:41] {@Threei} Long Setup: TWTR .85 break
01[15:41] {@Threei} If holds .75
[15:42] {nemo} SPY and IWM gonna come in a bit
[15:42] {nemo} interesting fat finger xop
[15:45] {dptl} no way to get twtr
[15:45] {dptl} in jpm
[15:47] {dptl} running out of time.....
01[15:48] {@Threei} 1:1 TWTR
[15:48] {dptl} dont know how you got it :)
[15:49] {JoebiWan} it came back
01[15:49] {@Threei} easy - on pullback
[15:49] {dptl} ohhh i was dealing with jp then
01[15:49] {@Threei} 1:1 JPM
[15:50] {dino} calling it a week guys, thx
01[15:50] {@Threei} take care dino
[15:50] {dino} u2, gn
01[15:53] {@Threei} 1:2 TWTR close enough
01[15:53] {@Threei} out
[15:53] {dptl} nice
01[15:54] {@Threei} 1:2 JPM
01[15:54] {@Threei} out
01[15:54] {@Threei} ending with a bang
[15:54] {dptl} all out jp too..ty
01[15:54] {@Threei} two bangs actually
[15:54] {JoebiWan} ty, gn all
[15:54] {dptl} bang bang
01[15:54] {@Threei} thank you all, great week
[15:54] {Jenh} thanks 3i! gn everyone.
01[15:55] {@Threei} have a great weekend, see you monday!
[15:55] {dptl} good weekend all
Thursday, December 18, 2014
Dec 18 2014
Once again nicely winning day with many strong trades, ranging from scalps to 1:3. Quite a week, despite being FOMC one.
Session Time: Thu Dec 18 00:00:00 2014
[08:56] {dino} gm 3i
01[08:56] {@Threei} morning dino
[09:08] {RonS} hay y'all...for all you old horses...hearing russians hording buckwheat
01[09:08] {@Threei} hey Ron
01[09:09] {@Threei} this is one of the best sources of carbs you can think of
[09:09] {cosmo} for horses?
[09:10] {RonS} and here i thought it was a little black kid: http://www.bing.com/images/search?q=our+gang+buckwheat+pictures&qpvt=our+gang+buckwheat+pictures&FORM=IGRE
[09:11] {JoebiWan} lol
[09:11] {RonS} dnkd uh...dunked
[09:12] {cosmo} Froggy was my favorite...
[09:21] {dptl} gm
01[09:21] {@Threei} dp :)
[09:26] {ese} gm
[09:26] {ese} My rhythm and blues band is out side in Centennial Square tonight at 5:30 vad......coming?
01[09:27] {@Threei} ese :)
[09:27] {ese} Congregation Emanuel festival of light
[09:27] {ese} or
01[09:27] {@Threei} don't know... general aka she who is to be obeyed manages social schedule
01[09:28] {@Threei} me, I just go where told to
[09:28] {ese} you can come up to Nanaimo with us tomorrow....corporate show at the Coast Bastion Hotel
[09:28] {ese} lol
[09:28] {ese} AND THEN !!!!!!!!!!!!!!!!!!!
01[09:28] {@Threei} but I do know for sure I am not going to nanaimo unless I absolutely have to
[09:29] {ese} I"M !!!!!!!!!!!
[09:29] {ese} FREEEEEEEEEEE !!!!!!!!!!!!!!
01[09:29] {@Threei} :)
01[09:29] {@Threei} Upside:
01[09:29] {@Threei} -ZAGG +22% (raised '14 guidance)
01[09:29] {@Threei} -TTPH +15% (positive top-line results from Phase 3 IGNITE 1 trial of Eravacycline)
01[09:29] {@Threei} -RAD +15% (earnings)
01[09:29] {@Threei} -AKS +9% (Q4 guidance)
01[09:29] {@Threei} -ORCL +5.8% (earnings, guidance)
01[09:29] {@Threei} -JBL +5.2% (earnings)
01[09:29] {@Threei} -ACN +3.2% (earnings)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -SIMG -27% (FY15 guidance to decline 10% y/y)
01[09:29] {@Threei} -DNKN -7% (FY15 guidance)
01[09:29] {@Threei} -ATU -2.5% (earnings)
01[09:29] {@Threei} -WGO -6% (earnings)
[09:37] {ese} can't remember if I made this call on the board or not the other day....tuesday I think......am L rfmd 15.0189...nothing big 600...it's + .84
[09:37] {ese} this thing is just chomping at the bit to break above 16
01[09:39] {@Threei} Long Setup: VXX .80 break
[09:39] {ese} got stopped out of my ibn position as well from last week -.28.......bastard
01[09:40] {@Threei} change to .70
01[09:40] {@Threei} If holds .60
01[09:41] {@Threei} stop to .64
01[09:41] {@Threei} 1:1
01[09:42] {@Threei} 1/4 more out
01[09:42] {@Threei} stop to .74
01[09:42] {@Threei} 1:2
01[09:42] {@Threei} .79
[09:43] {ese} nice one chief
01[09:43] {@Threei} ty
[09:43] {dptl} out ty
01[09:43] {@Threei} yw
01[09:43] {@Threei} closed
[09:44] {ese} what I like about my stock is that it's climbing even when the vxx climbs
[09:45] {ese} dddddddddddddddddddddddddddpppppppppppppppppppppppp !!!!!!!!!!!!!!!!!!!
[09:45] {dptl} lol....ese :)
01[09:45] {@Threei} *(US) DEC PRELIMINARY MARKIT SERVICES PMI: 53.6 V 56.3E
[09:45] {ese} lookin forward to seeing you again at the shiskabob bash in the summer
[09:46] {dptl} me too :)
[09:50] {dptl} is everything is slow? or its something with my computer
[09:50] {ese} vodka......at 7am.........that'll do it to ya
01[09:50] {@Threei} unless your computer rund the market...
[09:52] {nemo} if they don't gap and crap gonna' be a long day
[09:54] {ese} hey dp? why don't we split the cost and fly nemo out here for the shiskabob bash?
01[09:54] {@Threei} Short Setup: JPM .60 break
01[09:54] {@Threei} If holds .66
[09:55] {ese} opps !!!!!! nemos on the board ...don't let him know that I said that
[09:55] {dptl} is logix running ok ?
[09:55] {ese} rfmd.....there we go....thats a good little stock....keep that up
01[09:55] {@Threei} yes
01[09:56] {@Threei} meh
01[09:57] {@Threei} numbers in 4, waiting out
01[10:00] {@Threei} *(US) DEC PHILADELPHIA FED BUSINESS OUTLOOK: 24.5 V 26.0E
[10:00] {nemo} ain't gonna' matter
01[10:00] {@Threei} *(US) NOV LEADING INDEX: 0.6% V 0.5%E
[10:01] {dino} asps hl l .35
01[10:02] {@Threei} Long Setup: IWM .05 break
01[10:02] {@Threei} If holds .95
01[10:03] {@Threei} 1:1
01[10:04] {@Threei} 1:2
[10:08] {ese} out rfmd +1.02
01[10:08] {@Threei} wtg
[10:08] {ese} tks
[10:09] {nemo} futes are vertical
01[10:12] {@Threei} Long Setup: DAL .55 break
01[10:12] {@Threei} If holds .45
01[10:14] {@Threei} 1:1
01[10:15] {@Threei} 1:2
[10:22] {dino} gj
01[10:25] {@Threei} ty
[10:27] {dptl} out dal on trail ty
01[10:27] {@Threei} yw
[10:28] {dptl} my logix acting not right, very slow
[10:28] {nemo} shut it down and start it again
[10:28] {dptl} just did
[10:28] {nemo} do speedtest.net on your computer
01[10:31] {@Threei} pam, see private message please
01[10:31] {@Threei} wow... speedtest kicked dp out :)
[10:32] {nemo} are you complaining?
[10:32] {dino} slxp drop
01[10:32] {@Threei} lol
[10:32] {nemo} I"ve had no sleep, so I'll be either exceedingly obnoxious or awol
01[10:34] {@Threei} nemo - exceedingly obnoxious?
01[10:34] {@Threei} why would have ever thought it was possible
[10:34] {nemo} o.k. normal
01[10:34] {@Threei} +anyone
[10:35] {nemo} shit...missed VXX
[10:38] {RonS} oil sliding
[10:38] {nemo} that sucked Ron
[10:39] {RonS} ty very much
[10:39] {JoebiWan} i thought it was pretty slick
[10:39] {nemo} calling a shovel a shovel
[10:39] {nemo} better Padawan
[10:40] {nemo} can't use the word "spade" it's not PC
[10:40] {ese} yak yak yak.....yuk yukyuk...dak aka dak.....nice one joeb
[10:40] {nemo} forget ur meds today ese?
[10:41] {nemo} You know you go all off kilter when u forget ur estrogen
[10:41] {dptl} strange, restarted twice speed of internet is good,just logix is way to slow for some reason
[10:41] {ese} lol
[10:41] {nemo} do the ping test dp
[10:41] {RonS} and if does not work, try pong
[10:41] {ese} whats that nemo?
[10:42] {nemo} oh gawd
[10:42] {dptl} ping?
[10:42] {JoebiWan} lol
[10:42] {nemo} I guess Ron has no adult supervision today
[10:42] {ese} ya.....what kinda test is that
[10:42] {RonS} ya, get one of those clubs and bash the hell out of your computer...
01[10:42] {@Threei} lol
[10:43] {nemo} I'd shoot it, but I'm sure the pinko doesn't have a gun
01[10:50] {@Threei} dp, in server mesage console, there is a TTR number at the bottom
01[10:50] {@Threei} what does your say?
[10:51] {dptl} 82ms
[10:51] {dptl} 96now
01[10:52] {@Threei} not catastrophic but on a slowish side
[10:52] {dptl} 82now again
[10:52] {dptl} whats on yours?
01[10:53] {@Threei} 40-60
[10:54] {dptl} actually what is that?
01[10:54] {@Threei} how do I know
[10:58] {RonS} lol
01[10:58] {@Threei} Long Setup: VXX .25 break
01[10:58] {@Threei} If holds .15
01[11:00] {@Threei} 1:1
[11:00] {dptl} sigh ..missed that one
01[11:00] {@Threei} 1:2
01[11:05] {@Threei} anyone got it?
01[11:05] {@Threei} .27 was obtainable
[11:05] {dptl} got destracted with support here
[11:06] {dptl} nice one
[11:13] {dptl} nemo what is your TTR on logix?
[11:24] {nemo} 49
[11:24] {dptl} ok
[11:37] {RonS} safm chicken dance
[11:38] {nemo} turkey talking
[11:39] {RonS} bruised ego here... as sensitive as Les getting yelled at by his wife :)
[11:40] {nemo} that's probably the closest to sex Les gets
[11:41] {RonS} hey dino
[11:41] {dptl} do you like vlo long Vad?
[11:41] {nemo} look at XOP DP
01[11:41] {@Threei} only on pullback
01[11:42] {@Threei} nit ona break
[11:42] {dptl} ok
[11:42] {nemo} might play it short here actually
[11:44] {dptl} lol....ok running better now logix...apperantly i had to many charts open today. strange but it was ok before
01[11:44] {@Threei} how many?
[11:44] {dptl} 5 ch ...5 level 2s...5 t&sales
01[11:45] {@Threei} I run 4 L2s,
01[11:45] {@Threei} just 2 T&S
01[11:46] {@Threei} you don't need T&S but for a stock you actually trade
01[11:46] {@Threei} so SPY can do without\
01[11:46] {@Threei} also, for two stocks in trade I have both intraday and daily, but for SPY and third stock - intraday only
[11:46] {nemo} 4L2s
[11:46] {nemo} wow
01[11:46] {@Threei} all this helps cut on resource usage
[11:47] {nemo} Logix is a bit heavy on resources
01[11:47] {@Threei} java
01[11:47] {@Threei} it's hungry
[11:47] {nemo} yeah, java sucks
[11:47] {JoebiWan} agreed
[11:47] {nemo} Padawan...speak only when spoken to
01[11:48] {@Threei} still, I can run logix, browser with 10-12 tabs, scanner and e-mail client,
[11:48] {nemo} verdammter Deutscher
[11:48] {JoebiWan} take a nap
01[11:48] {@Threei} plus a few little programs here and there
[11:48] {nemo} already did
01[11:48] {@Threei} and even if I fire up photoshop with all that, computer doesn't complain
[11:48] {nemo} kleines Schlaefchen
[11:48] {JoebiWan} hast du gut geschlafen?
[11:48] {nemo} computers don't talk, Vad
[11:49] {dptl} so vlo?
01[11:49] {@Threei} nah, doesn't look right
[11:49] {nemo} nein. Ich bin seit Zwei Uhr aufgewachen
01[11:49] {@Threei} maybe yours doesn't nemo
[11:49] {dptl} yeah
[11:49] {nemo} oh oh
01[11:49] {@Threei} because you are impolite
01[11:49] {@Threei} mine greets me every morning
[11:49] {nemo} Fuck you, I'm not impolite
01[11:50] {@Threei} yeah, I take that back... you are embodiment of politness
[11:50] {nemo} damn straight
01[11:52] {@Threei} General Motors halts sales to Russian car dealers over ruble collapse
[11:56] {RonS} accept payment is buckwheat?
[11:56] {ese} make a great day all...hopefully see you tomorrow before i'm on a bus.....
[11:56] {RonS} cya ese
[11:56] {nemo} skip it, sleep in
[11:56] {nemo} relax til New Year
01[11:56] {@Threei} take care ese
[11:56] {nemo} maybe take 2015 off
[11:56] {RonS} oof
[11:56] {nemo} ;-)
[11:57] {RonS} got suckered...thought he was being nice...
01[11:57] {@Threei} nemo, take heart
01[11:57] {@Threei} man goies to nanaimo
[11:57] {nemo} ?
01[11:57] {@Threei} that's not for faint souls
01[11:57] {@Threei} bikers' capital of BC
[11:57] {nemo} yeah, but ese's the kinda' guy that can whistle through a minefield
[11:58] {nemo} no such luck
[11:59] {RonS} nanaimo named after nemo's grandmother?
[12:00] {nemo} my demon father
[12:00] {nemo} frickin' mortals
01[12:00] {@Threei} lol
[12:01] {nemo} indexes up oil and oilers down
[12:04] {nemo} mmmhhh, explorer will only stretch across three monitors
01[12:09] {@Threei} ugh
01[12:09] {@Threei} missed IWM 118
01[12:31] {@Threei} Long Setup: IWM .10 break
01[12:31] {@Threei} If holds 118
01[12:39] {@Threei} half out
[12:40] {nemo} spy dripping
[12:41] {pamsv} see you all..
01[12:41] {@Threei} take care pam
01[12:42] {@Threei} 1:1
01[12:45] {@Threei} 1:2
06[12:46] * @Threei slaps dptl around a bit with a large roll of cash
[12:46] {dptl} trailing to .19 ty
[12:49] {dptl} waiting at .39
[12:51] {dptl} to .24 stop
[12:53] {nemo} http://goo.gl/4keazE
[12:56] {JoebiWan} trail or take 1:3?
[12:56] {nemo} you're at new highs your choice
[12:57] {nemo} I'd put stop under .20
[12:57] {nemo} but look at spy, think it might come in if spy drops .30
[12:58] {nemo} see tail on that hammer, put stop under that
[12:58] {dptl} yep .24
[12:58] {JoebiWan} ty
[12:58] {nemo} just depends on whether you want to risk what you have left
01[13:02] {@Threei} what risk, house money
02[13:02] * Disconnected
Session Close: Thu Dec 18 13:02:23 2014
Session Start: Thu Dec 18 13:02:23 2014
Session Ident: #discussions
02[13:05] * Attempting to rejoin channel #discussions
03[13:05] * Rejoined channel #discussions
01[13:05] {Threei} 1:3
[13:05] {dptl} ty
01[13:05] {Threei} yw
[13:06] {nemo} 205.27 SPY Weekly R1
01[13:06] {Threei} so dp... tell me please
[13:06] {JoebiWan} ty vad
[13:06] {nemo} IWM likely to try for new highs
01[13:06] {Threei} calm, relaxed, non-aggressive approach, wothput pushing to find next and next and next trade right away
01[13:06] {Threei} yw jw
01[13:07] {Threei} how does it feel and hpw is it working?
[13:07] {nemo} passive aggressive new age pizdah
[13:08] {nemo} interesting...look how VXX moved up relative to spy IWM moves
[13:09] {dptl} yes much better Vad....just following your trades today.....once again magic logix....offer was sitting .39 but got filled at.40
[13:09] {nemo} IWM stronger than SPY
[13:10] {nemo} set your stop below .35 on IWM
[13:12] {dptl} plus i had to reduce my sizes for the next few days, so staying absolutely calm
02[13:25] * Disconnected
Session Close: Thu Dec 18 13:25:17 2014
Session Start: Thu Dec 18 13:25:17 2014
Session Ident: #discussions
02[13:28] * Attempting to rejoin channel #discussions
03[13:28] * Rejoined channel #discussions
01[13:28] {Threei} korean hackers?
[13:28] {dptl} .
[13:29] {dptl} oops
[13:32] {dptl} test
03[13:32] * Retrieving #discussions modes...
01[13:32] {@Threei} passed
[13:37] {dptl} is 24th going to be short day?
[13:39] {dptl} closing early i mean? or its a full day
[13:40] {RonS} doesn't matter...everyone goes home early
[13:40] {dptl} ok
[13:49] {dino} rcap drop
01[13:50] {@Threei} http://www.nasdaqtrader.com/Trader.aspx?id=Calendar
01[13:50] {@Threei} December 24, 2014 Early Close - U.S. 1:00 p.m.
[13:52] {dino} rcap l .74
[14:02] {RonS} 14:00 EST - RCS Capital(RCAP) is faring much worse than American Realty Capital (ARCP) in the wake of WSJ reporting a lawsuit has been filed that Nicholas Schorsch, which had chaired both before stepping down Monday
[14:03] {cosmo} ORCL posssible double top....
[14:04] {cosmo} fwiw
[14:05] {dino} out rcap .96, +.20
[14:09] {dino} fraud rumors on boards
01[14:12] {@Threei} Long Setup: VLO 46 break
01[14:12] {@Threei} If holds .90
[14:22] {nemo} wow a "sufi" exchange...that's hilarious
01[14:23] {@Threei} no go
[14:23] {dptl} out
[14:24] {nemo} wow, only saw 50 shares trade 46.01
[14:25] {nemo} spy inverted C&H
[14:25] {dptl} i notised that too, even though i got filled at .01, so never saw my shares there...wierd
01[14:36] {@Threei} rinse
[14:47] {JoebiWan} rig if pulls back under .70?
[14:47] {nemo} watch XOP
[14:49] {nemo} btw...hasn't been a single energy stock on the strong side of the algo today
[14:49] {nemo} all on the weak side
[14:51] {nemo} SPY ex div tonight
[14:52] {nemo} need to watch the futes next few days
[15:01] {dino} little oik bounce
[15:01] {dino} oil
[15:02] {nemo} with the shrinking volumes into january 6th market and oil likely to float up
[15:04] {dino} out asps from a.m., .60, +.25
[15:20] {nemo} XOP looks short, spy too
[15:21] {nemo} fas if it drops .10
01[15:21] {@Threei} hmmm
[15:21] {nemo} hurts doesn't it Vad?
01[15:21] {@Threei} Long Setup: IWM .50 break
01[15:21] {@Threei} .c .40
01[15:21] {@Threei} If holds .40
01[15:22] {@Threei} change to .40
01[15:23] {@Threei} If holds .35
01[15:26] {@Threei} meh
[15:26] {nemo} bitch of a market
01[15:26] {@Threei} oh god
[15:26] {nemo} oh what?
01[15:26] {@Threei} winning day all around, 5 cents stop and by comments you'
01[15:27] {@Threei} d think the world just ended
[15:27] {nemo} I don't think the world just ended
[15:27] {nemo} that's a slow process
01[15:27] {@Threei} that upsets you I gather
[15:27] {nemo} no, I like watching the suffering
01[15:28] {@Threei} ah... makes sense
[15:28] {nemo} duh
01[15:28] {@Threei} rinse
[15:28] {nemo} that's what I mean...you called the long, I'm seeing if it stays under .45 looks short, then jerks us both with 60 grit sandpaper
01[15:29] {@Threei} sheesh... it's a 5 cents stop
01[15:29] {@Threei} what sandpaper
[15:29] {nemo} tomorrow gonna' screw with people until they figur out SPY is ex div, then we do the Quad Witch churn, then we go into light holiday volume with a likely float up
01[15:29] {@Threei} you guys of big words don't get it
[15:29] {nemo} what big words
01[15:29] {@Threei} your words shape up your thoughts and by extension your actions
01[15:30] {@Threei} it's a 5 cents stop
01[15:30] {@Threei} it's not worth a mention
[15:30] {nemo} Yes, but it was still a rinse...short was a rinse long was a rinse
01[15:30] {@Threei} but no... "bitxch of the market," "sandpaper"...
01[15:30] {@Threei} your next trade will be a loser too
01[15:31] {@Threei} I will forget abput it in 3 seconds, and mine will be a winner
01[15:31] {@Threei} because our actions subcosciously seek to confirm pur words
01[15:31] {@Threei} our
[15:31] {nemo} I understand
[15:32] {nemo} but basically since noon it's been a wash
[15:32] {nemo} futes heading higher
01[15:32] {@Threei} ok, president set a record of action that doesn't act:
01[15:32] {@Threei} Obama will sign Russia sanctions bill without imposing new penalties
01[15:32] {@Threei} huh?
01[15:32] {@Threei} lol
[15:33] {nemo} it was like the climate accord he signed with China a few weeks ago, all sizzle no steak
01[15:34] {@Threei} yerah but how do you even word a bill on new sanctions without new sanctions?
[15:34] {nemo} art of politics
01[15:39] {@Threei} Short Setup: CAT .40 break
01[15:40] {@Threei} If holds .45
01[15:40] {@Threei} Invalidated
01[15:51] {@Threei} thank you all, have a good evening
01[15:51] {@Threei} see you tomorrow
[15:51] {dptl} gn all
Session Time: Thu Dec 18 00:00:00 2014
[08:56] {dino} gm 3i
01[08:56] {@Threei} morning dino
[09:08] {RonS} hay y'all...for all you old horses...hearing russians hording buckwheat
01[09:08] {@Threei} hey Ron
01[09:09] {@Threei} this is one of the best sources of carbs you can think of
[09:09] {cosmo} for horses?
[09:10] {RonS} and here i thought it was a little black kid: http://www.bing.com/images/search?q=our+gang+buckwheat+pictures&qpvt=our+gang+buckwheat+pictures&FORM=IGRE
[09:11] {JoebiWan} lol
[09:11] {RonS} dnkd uh...dunked
[09:12] {cosmo} Froggy was my favorite...
[09:21] {dptl} gm
01[09:21] {@Threei} dp :)
[09:26] {ese} gm
[09:26] {ese} My rhythm and blues band is out side in Centennial Square tonight at 5:30 vad......coming?
01[09:27] {@Threei} ese :)
[09:27] {ese} Congregation Emanuel festival of light
[09:27] {ese} or
01[09:27] {@Threei} don't know... general aka she who is to be obeyed manages social schedule
01[09:28] {@Threei} me, I just go where told to
[09:28] {ese} you can come up to Nanaimo with us tomorrow....corporate show at the Coast Bastion Hotel
[09:28] {ese} lol
[09:28] {ese} AND THEN !!!!!!!!!!!!!!!!!!!
01[09:28] {@Threei} but I do know for sure I am not going to nanaimo unless I absolutely have to
[09:29] {ese} I"M !!!!!!!!!!!
[09:29] {ese} FREEEEEEEEEEE !!!!!!!!!!!!!!
01[09:29] {@Threei} :)
01[09:29] {@Threei} Upside:
01[09:29] {@Threei} -ZAGG +22% (raised '14 guidance)
01[09:29] {@Threei} -TTPH +15% (positive top-line results from Phase 3 IGNITE 1 trial of Eravacycline)
01[09:29] {@Threei} -RAD +15% (earnings)
01[09:29] {@Threei} -AKS +9% (Q4 guidance)
01[09:29] {@Threei} -ORCL +5.8% (earnings, guidance)
01[09:29] {@Threei} -JBL +5.2% (earnings)
01[09:29] {@Threei} -ACN +3.2% (earnings)
01[09:29] {@Threei} Downside:
01[09:29] {@Threei} -SIMG -27% (FY15 guidance to decline 10% y/y)
01[09:29] {@Threei} -DNKN -7% (FY15 guidance)
01[09:29] {@Threei} -ATU -2.5% (earnings)
01[09:29] {@Threei} -WGO -6% (earnings)
[09:37] {ese} can't remember if I made this call on the board or not the other day....tuesday I think......am L rfmd 15.0189...nothing big 600...it's + .84
[09:37] {ese} this thing is just chomping at the bit to break above 16
01[09:39] {@Threei} Long Setup: VXX .80 break
[09:39] {ese} got stopped out of my ibn position as well from last week -.28.......bastard
01[09:40] {@Threei} change to .70
01[09:40] {@Threei} If holds .60
01[09:41] {@Threei} stop to .64
01[09:41] {@Threei} 1:1
01[09:42] {@Threei} 1/4 more out
01[09:42] {@Threei} stop to .74
01[09:42] {@Threei} 1:2
01[09:42] {@Threei} .79
[09:43] {ese} nice one chief
01[09:43] {@Threei} ty
[09:43] {dptl} out ty
01[09:43] {@Threei} yw
01[09:43] {@Threei} closed
[09:44] {ese} what I like about my stock is that it's climbing even when the vxx climbs
[09:45] {ese} dddddddddddddddddddddddddddpppppppppppppppppppppppp !!!!!!!!!!!!!!!!!!!
[09:45] {dptl} lol....ese :)
01[09:45] {@Threei} *(US) DEC PRELIMINARY MARKIT SERVICES PMI: 53.6 V 56.3E
[09:45] {ese} lookin forward to seeing you again at the shiskabob bash in the summer
[09:46] {dptl} me too :)
[09:50] {dptl} is everything is slow? or its something with my computer
[09:50] {ese} vodka......at 7am.........that'll do it to ya
01[09:50] {@Threei} unless your computer rund the market...
[09:52] {nemo} if they don't gap and crap gonna' be a long day
[09:54] {ese} hey dp? why don't we split the cost and fly nemo out here for the shiskabob bash?
01[09:54] {@Threei} Short Setup: JPM .60 break
01[09:54] {@Threei} If holds .66
[09:55] {ese} opps !!!!!! nemos on the board ...don't let him know that I said that
[09:55] {dptl} is logix running ok ?
[09:55] {ese} rfmd.....there we go....thats a good little stock....keep that up
01[09:55] {@Threei} yes
01[09:56] {@Threei} meh
01[09:57] {@Threei} numbers in 4, waiting out
01[10:00] {@Threei} *(US) DEC PHILADELPHIA FED BUSINESS OUTLOOK: 24.5 V 26.0E
[10:00] {nemo} ain't gonna' matter
01[10:00] {@Threei} *(US) NOV LEADING INDEX: 0.6% V 0.5%E
[10:01] {dino} asps hl l .35
01[10:02] {@Threei} Long Setup: IWM .05 break
01[10:02] {@Threei} If holds .95
01[10:03] {@Threei} 1:1
01[10:04] {@Threei} 1:2
[10:08] {ese} out rfmd +1.02
01[10:08] {@Threei} wtg
[10:08] {ese} tks
[10:09] {nemo} futes are vertical
01[10:12] {@Threei} Long Setup: DAL .55 break
01[10:12] {@Threei} If holds .45
01[10:14] {@Threei} 1:1
01[10:15] {@Threei} 1:2
[10:22] {dino} gj
01[10:25] {@Threei} ty
[10:27] {dptl} out dal on trail ty
01[10:27] {@Threei} yw
[10:28] {dptl} my logix acting not right, very slow
[10:28] {nemo} shut it down and start it again
[10:28] {dptl} just did
[10:28] {nemo} do speedtest.net on your computer
01[10:31] {@Threei} pam, see private message please
01[10:31] {@Threei} wow... speedtest kicked dp out :)
[10:32] {nemo} are you complaining?
[10:32] {dino} slxp drop
01[10:32] {@Threei} lol
[10:32] {nemo} I"ve had no sleep, so I'll be either exceedingly obnoxious or awol
01[10:34] {@Threei} nemo - exceedingly obnoxious?
01[10:34] {@Threei} why would have ever thought it was possible
[10:34] {nemo} o.k. normal
01[10:34] {@Threei} +anyone
[10:35] {nemo} shit...missed VXX
[10:38] {RonS} oil sliding
[10:38] {nemo} that sucked Ron
[10:39] {RonS} ty very much
[10:39] {JoebiWan} i thought it was pretty slick
[10:39] {nemo} calling a shovel a shovel
[10:39] {nemo} better Padawan
[10:40] {nemo} can't use the word "spade" it's not PC
[10:40] {ese} yak yak yak.....yuk yukyuk...dak aka dak.....nice one joeb
[10:40] {nemo} forget ur meds today ese?
[10:41] {nemo} You know you go all off kilter when u forget ur estrogen
[10:41] {dptl} strange, restarted twice speed of internet is good,just logix is way to slow for some reason
[10:41] {ese} lol
[10:41] {nemo} do the ping test dp
[10:41] {RonS} and if does not work, try pong
[10:41] {ese} whats that nemo?
[10:42] {nemo} oh gawd
[10:42] {dptl} ping?
[10:42] {JoebiWan} lol
[10:42] {nemo} I guess Ron has no adult supervision today
[10:42] {ese} ya.....what kinda test is that
[10:42] {RonS} ya, get one of those clubs and bash the hell out of your computer...
01[10:42] {@Threei} lol
[10:43] {nemo} I'd shoot it, but I'm sure the pinko doesn't have a gun
01[10:50] {@Threei} dp, in server mesage console, there is a TTR number at the bottom
01[10:50] {@Threei} what does your say?
[10:51] {dptl} 82ms
[10:51] {dptl} 96now
01[10:52] {@Threei} not catastrophic but on a slowish side
[10:52] {dptl} 82now again
[10:52] {dptl} whats on yours?
01[10:53] {@Threei} 40-60
[10:54] {dptl} actually what is that?
01[10:54] {@Threei} how do I know
[10:58] {RonS} lol
01[10:58] {@Threei} Long Setup: VXX .25 break
01[10:58] {@Threei} If holds .15
01[11:00] {@Threei} 1:1
[11:00] {dptl} sigh ..missed that one
01[11:00] {@Threei} 1:2
01[11:05] {@Threei} anyone got it?
01[11:05] {@Threei} .27 was obtainable
[11:05] {dptl} got destracted with support here
[11:06] {dptl} nice one
[11:13] {dptl} nemo what is your TTR on logix?
[11:24] {nemo} 49
[11:24] {dptl} ok
[11:37] {RonS} safm chicken dance
[11:38] {nemo} turkey talking
[11:39] {RonS} bruised ego here... as sensitive as Les getting yelled at by his wife :)
[11:40] {nemo} that's probably the closest to sex Les gets
[11:41] {RonS} hey dino
[11:41] {dptl} do you like vlo long Vad?
[11:41] {nemo} look at XOP DP
01[11:41] {@Threei} only on pullback
01[11:42] {@Threei} nit ona break
[11:42] {dptl} ok
[11:42] {nemo} might play it short here actually
[11:44] {dptl} lol....ok running better now logix...apperantly i had to many charts open today. strange but it was ok before
01[11:44] {@Threei} how many?
[11:44] {dptl} 5 ch ...5 level 2s...5 t&sales
01[11:45] {@Threei} I run 4 L2s,
01[11:45] {@Threei} just 2 T&S
01[11:46] {@Threei} you don't need T&S but for a stock you actually trade
01[11:46] {@Threei} so SPY can do without\
01[11:46] {@Threei} also, for two stocks in trade I have both intraday and daily, but for SPY and third stock - intraday only
[11:46] {nemo} 4L2s
[11:46] {nemo} wow
01[11:46] {@Threei} all this helps cut on resource usage
[11:47] {nemo} Logix is a bit heavy on resources
01[11:47] {@Threei} java
01[11:47] {@Threei} it's hungry
[11:47] {nemo} yeah, java sucks
[11:47] {JoebiWan} agreed
[11:47] {nemo} Padawan...speak only when spoken to
01[11:48] {@Threei} still, I can run logix, browser with 10-12 tabs, scanner and e-mail client,
[11:48] {nemo} verdammter Deutscher
[11:48] {JoebiWan} take a nap
01[11:48] {@Threei} plus a few little programs here and there
[11:48] {nemo} already did
01[11:48] {@Threei} and even if I fire up photoshop with all that, computer doesn't complain
[11:48] {nemo} kleines Schlaefchen
[11:48] {JoebiWan} hast du gut geschlafen?
[11:48] {nemo} computers don't talk, Vad
[11:49] {dptl} so vlo?
01[11:49] {@Threei} nah, doesn't look right
[11:49] {nemo} nein. Ich bin seit Zwei Uhr aufgewachen
01[11:49] {@Threei} maybe yours doesn't nemo
[11:49] {dptl} yeah
[11:49] {nemo} oh oh
01[11:49] {@Threei} because you are impolite
01[11:49] {@Threei} mine greets me every morning
[11:49] {nemo} Fuck you, I'm not impolite
01[11:50] {@Threei} yeah, I take that back... you are embodiment of politness
[11:50] {nemo} damn straight
01[11:52] {@Threei} General Motors halts sales to Russian car dealers over ruble collapse
[11:56] {RonS} accept payment is buckwheat?
[11:56] {ese} make a great day all...hopefully see you tomorrow before i'm on a bus.....
[11:56] {RonS} cya ese
[11:56] {nemo} skip it, sleep in
[11:56] {nemo} relax til New Year
01[11:56] {@Threei} take care ese
[11:56] {nemo} maybe take 2015 off
[11:56] {RonS} oof
[11:56] {nemo} ;-)
[11:57] {RonS} got suckered...thought he was being nice...
01[11:57] {@Threei} nemo, take heart
01[11:57] {@Threei} man goies to nanaimo
[11:57] {nemo} ?
01[11:57] {@Threei} that's not for faint souls
01[11:57] {@Threei} bikers' capital of BC
[11:57] {nemo} yeah, but ese's the kinda' guy that can whistle through a minefield
[11:58] {nemo} no such luck
[11:59] {RonS} nanaimo named after nemo's grandmother?
[12:00] {nemo} my demon father
[12:00] {nemo} frickin' mortals
01[12:00] {@Threei} lol
[12:01] {nemo} indexes up oil and oilers down
[12:04] {nemo} mmmhhh, explorer will only stretch across three monitors
01[12:09] {@Threei} ugh
01[12:09] {@Threei} missed IWM 118
01[12:31] {@Threei} Long Setup: IWM .10 break
01[12:31] {@Threei} If holds 118
01[12:39] {@Threei} half out
[12:40] {nemo} spy dripping
[12:41] {pamsv} see you all..
01[12:41] {@Threei} take care pam
01[12:42] {@Threei} 1:1
01[12:45] {@Threei} 1:2
06[12:46] * @Threei slaps dptl around a bit with a large roll of cash
[12:46] {dptl} trailing to .19 ty
[12:49] {dptl} waiting at .39
[12:51] {dptl} to .24 stop
[12:53] {nemo} http://goo.gl/4keazE
[12:56] {JoebiWan} trail or take 1:3?
[12:56] {nemo} you're at new highs your choice
[12:57] {nemo} I'd put stop under .20
[12:57] {nemo} but look at spy, think it might come in if spy drops .30
[12:58] {nemo} see tail on that hammer, put stop under that
[12:58] {dptl} yep .24
[12:58] {JoebiWan} ty
[12:58] {nemo} just depends on whether you want to risk what you have left
01[13:02] {@Threei} what risk, house money
02[13:02] * Disconnected
Session Close: Thu Dec 18 13:02:23 2014
Session Start: Thu Dec 18 13:02:23 2014
Session Ident: #discussions
02[13:05] * Attempting to rejoin channel #discussions
03[13:05] * Rejoined channel #discussions
01[13:05] {Threei} 1:3
[13:05] {dptl} ty
01[13:05] {Threei} yw
[13:06] {nemo} 205.27 SPY Weekly R1
01[13:06] {Threei} so dp... tell me please
[13:06] {JoebiWan} ty vad
[13:06] {nemo} IWM likely to try for new highs
01[13:06] {Threei} calm, relaxed, non-aggressive approach, wothput pushing to find next and next and next trade right away
01[13:06] {Threei} yw jw
01[13:07] {Threei} how does it feel and hpw is it working?
[13:07] {nemo} passive aggressive new age pizdah
[13:08] {nemo} interesting...look how VXX moved up relative to spy IWM moves
[13:09] {dptl} yes much better Vad....just following your trades today.....once again magic logix....offer was sitting .39 but got filled at.40
[13:09] {nemo} IWM stronger than SPY
[13:10] {nemo} set your stop below .35 on IWM
[13:12] {dptl} plus i had to reduce my sizes for the next few days, so staying absolutely calm
02[13:25] * Disconnected
Session Close: Thu Dec 18 13:25:17 2014
Session Start: Thu Dec 18 13:25:17 2014
Session Ident: #discussions
02[13:28] * Attempting to rejoin channel #discussions
03[13:28] * Rejoined channel #discussions
01[13:28] {Threei} korean hackers?
[13:28] {dptl} .
[13:29] {dptl} oops
[13:32] {dptl} test
03[13:32] * Retrieving #discussions modes...
01[13:32] {@Threei} passed
[13:37] {dptl} is 24th going to be short day?
[13:39] {dptl} closing early i mean? or its a full day
[13:40] {RonS} doesn't matter...everyone goes home early
[13:40] {dptl} ok
[13:49] {dino} rcap drop
01[13:50] {@Threei} http://www.nasdaqtrader.com/Trader.aspx?id=Calendar
01[13:50] {@Threei} December 24, 2014 Early Close - U.S. 1:00 p.m.
[13:52] {dino} rcap l .74
[14:02] {RonS} 14:00 EST - RCS Capital(RCAP) is faring much worse than American Realty Capital (ARCP) in the wake of WSJ reporting a lawsuit has been filed that Nicholas Schorsch, which had chaired both before stepping down Monday
[14:03] {cosmo} ORCL posssible double top....
[14:04] {cosmo} fwiw
[14:05] {dino} out rcap .96, +.20
[14:09] {dino} fraud rumors on boards
01[14:12] {@Threei} Long Setup: VLO 46 break
01[14:12] {@Threei} If holds .90
[14:22] {nemo} wow a "sufi" exchange...that's hilarious
01[14:23] {@Threei} no go
[14:23] {dptl} out
[14:24] {nemo} wow, only saw 50 shares trade 46.01
[14:25] {nemo} spy inverted C&H
[14:25] {dptl} i notised that too, even though i got filled at .01, so never saw my shares there...wierd
01[14:36] {@Threei} rinse
[14:47] {JoebiWan} rig if pulls back under .70?
[14:47] {nemo} watch XOP
[14:49] {nemo} btw...hasn't been a single energy stock on the strong side of the algo today
[14:49] {nemo} all on the weak side
[14:51] {nemo} SPY ex div tonight
[14:52] {nemo} need to watch the futes next few days
[15:01] {dino} little oik bounce
[15:01] {dino} oil
[15:02] {nemo} with the shrinking volumes into january 6th market and oil likely to float up
[15:04] {dino} out asps from a.m., .60, +.25
[15:20] {nemo} XOP looks short, spy too
[15:21] {nemo} fas if it drops .10
01[15:21] {@Threei} hmmm
[15:21] {nemo} hurts doesn't it Vad?
01[15:21] {@Threei} Long Setup: IWM .50 break
01[15:21] {@Threei} .c .40
01[15:21] {@Threei} If holds .40
01[15:22] {@Threei} change to .40
01[15:23] {@Threei} If holds .35
01[15:26] {@Threei} meh
[15:26] {nemo} bitch of a market
01[15:26] {@Threei} oh god
[15:26] {nemo} oh what?
01[15:26] {@Threei} winning day all around, 5 cents stop and by comments you'
01[15:27] {@Threei} d think the world just ended
[15:27] {nemo} I don't think the world just ended
[15:27] {nemo} that's a slow process
01[15:27] {@Threei} that upsets you I gather
[15:27] {nemo} no, I like watching the suffering
01[15:28] {@Threei} ah... makes sense
[15:28] {nemo} duh
01[15:28] {@Threei} rinse
[15:28] {nemo} that's what I mean...you called the long, I'm seeing if it stays under .45 looks short, then jerks us both with 60 grit sandpaper
01[15:29] {@Threei} sheesh... it's a 5 cents stop
01[15:29] {@Threei} what sandpaper
[15:29] {nemo} tomorrow gonna' screw with people until they figur out SPY is ex div, then we do the Quad Witch churn, then we go into light holiday volume with a likely float up
01[15:29] {@Threei} you guys of big words don't get it
[15:29] {nemo} what big words
01[15:29] {@Threei} your words shape up your thoughts and by extension your actions
01[15:30] {@Threei} it's a 5 cents stop
01[15:30] {@Threei} it's not worth a mention
[15:30] {nemo} Yes, but it was still a rinse...short was a rinse long was a rinse
01[15:30] {@Threei} but no... "bitxch of the market," "sandpaper"...
01[15:30] {@Threei} your next trade will be a loser too
01[15:31] {@Threei} I will forget abput it in 3 seconds, and mine will be a winner
01[15:31] {@Threei} because our actions subcosciously seek to confirm pur words
01[15:31] {@Threei} our
[15:31] {nemo} I understand
[15:32] {nemo} but basically since noon it's been a wash
[15:32] {nemo} futes heading higher
01[15:32] {@Threei} ok, president set a record of action that doesn't act:
01[15:32] {@Threei} Obama will sign Russia sanctions bill without imposing new penalties
01[15:32] {@Threei} huh?
01[15:32] {@Threei} lol
[15:33] {nemo} it was like the climate accord he signed with China a few weeks ago, all sizzle no steak
01[15:34] {@Threei} yerah but how do you even word a bill on new sanctions without new sanctions?
[15:34] {nemo} art of politics
01[15:39] {@Threei} Short Setup: CAT .40 break
01[15:40] {@Threei} If holds .45
01[15:40] {@Threei} Invalidated
01[15:51] {@Threei} thank you all, have a good evening
01[15:51] {@Threei} see you tomorrow
[15:51] {dptl} gn all
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