(05:47 am) JoeyTSA :early gap up:
OMED,CNAT,TSLA,AAPL
(05:47 am) JoeyTSA
:early gap down :
WES,TAXI,SDRL,KKD,V
(06:32 am) JoeyTSA
:eye on GOGO today
(06:33 am) JoeyTSA :eye
on /ES S1 res level
(06:34 am) Mitch
King:watching TSLA for trades, next one is a
short
(06:34 am) Mitch King:watching GME
for bottom
(06:35 am) Mitch King:watching
SSYS for top to short
(06:35 am) Mitch
King:watching LRCX
(06:35 am) Mitch
King:watching CTL drop
(06:35 am) Mitch
King:watching PWRD for top
(06:35 am)
JoeyTSA :eye on DDD
(06:35 am) Mitch
King:watchign UNH drop
(06:36 am) Mitch
King:GOGO has 55% short interest, so it wont
correct too much at one time
(06:36 am)
Mitch King:GOGO still hot from yesterday,
watching for potential short
(06:36 am)
JoeyTSA :tighen GOGO if long
(06:36 am)
Mitch King:watching DDD for top
(06:37 am)
Mitch King:watching ASNA for short
here
(06:37 am) Mitch King:AAPL on hot run
this week, moving up more today
(06:38 am)
Mitch King:monitoring SLB, for bottom, more
downside likely
(06:38 am) Mitch
King:monitoring SREV
(06:39 am) Mitch
King:monitoring LCC
(06:39 am) Mitch
King:monitoring GMCR
(06:40 am) Mitch
King:watching FTNT for bottom
(06:40 am)
Mitch King:MYGN dropping again
today
(06:40 am) Mitch King:watching
ANF
(06:40 am) Mitch King:watching
EOG
(06:40 am) Mitch King:watching KMB for
possible bounce, no hurry
(06:41 am) Mitch
King:and NUGT would be a potential short on
top of bounce
(06:41 am) Mitch
King:watching DUST for bottom to
buy
(06:41 am) Mitch King:watching BLOX
for bottom
(06:42 am) Mitch King:ADP
spike
(06:42 am) Mitch King:ASNA
toppy
(06:42 am) Mitch King:LPI drop, one
of many energy stocks dropping
(06:43 am)
Mitch King:V, Visa, could trend up
(06:43
am) Mitch King:micro short on ADP, skydiver
type trade
(06:43 am) Mitch King:/CL high
of day
(06:44 am) Mitch King:watching LLTC
move up, for possible short
(06:45 am)
Mitch King:watching DGX
(06:45 am) JoeyTSA
:/CL R1 being tested
(06:47 am) Mitch
King:watching JBLU
(06:47 am) Mitch
King:watchign DLR
(06:47 am) Mitch
King:monitoring RAX, late to short, bounce
probably weak, but watching
(06:47 am)
Mitch King:still watching MYGN for bottom,
typical good early short
(06:48 am) Mitch
King:JBLU getting interesting for
long
(06:48 am) JoeyTSA :eye on MPC
pullback, was active yesterday also
(06:50
am) Mitch King:/CL still trending
up
(06:55 am) JoeyTSA :/CL into R2 ,$95
level
(06:56 am) Mitch King:TAP still
trending up, only 2% move today
though
(06:57 am) JoeyTSA :IBD/TIPP econ
optimism report in 2 minutes
(06:57 am)
Mitch King:monitoring YRCW
(07:00 am)
JoeyTSA :eye on SFUN
(07:01 am) Mitch
King:right here 95.10 short CL 1-14
(07:01
am) Mitch King:tradeable short on CL here
soon, looking for little better
price
(07:01 am) JoeyTSA :/ES trying to
creep back up to 1800
(07:02 am) Mitch
King:consider selling YRCW if long, at least
reduce most long
(07:04 am) Mitch King:if
you cover any /CL futures short, you want to
get short again on a little bounce to stay on
short side. but odds are it has
more downside
(07:05 am) Mitch King:i’d
hold that short on CL if you went
short
(07:05 am) Mitch King:BRE trending
up
(07:10 am) Mitch King:watching OKE for
possible short
(07:11 am) Mitch King:TSLA
probably starting a big move up. ALmost
hit $200, then down to 120 and now
rebounding
(07:14 am) Mitch King:watching
HFC for bottom
(07:17 am) Mitch
King:probably best to cover /CL and
look for another top to short
(07:17 am)
Mitch King:watching GME, bounces are weak so
far
(07:28 am) Mitch King:micro short on
FRX
(07:37 am) JoeyTSA :ANF nice
uptrend
(07:43 am) JoeyTSA :ICLD vol
spike
(07:43 am) JoeyTSA :eye on
SFUN
(07:52 am) JoeyTSA :eye on
HLF
(08:11 am) Qwert :monitoring
YNDX
(08:24 am) JoeyTSA :tighten HLF if
shor
(08:30 am) JoeyTSA :/ES lod
area
(08:47 am) Mitch King:Low of day on
Nasdaq Index
(08:57 am) JoeyTSA :eye on
VJET too
(08:57 am) Mitch King:watchign
DDD for bottom
(10:59 am) Murano :watching
NPSP
(11:06 am) Murano :watching
MCP
(11:51 am) JoeyTSA :eye on HLF for
possible leg up
(12:16 pm) JoeyTSA :MCHP
hitting my scanner, just watching
(12:37
pm) Mitch King:probably not worth any trade
now, market closes in 22 min
(12:37 pm)
Mitch King:monitoring QEP
(01:00 pm) Mitch
King:see you guys tomorrow
| (05:28 am) JoeyTSA :Good morning
bill,gerald,regatta
(05:29 am) JoeyTSA
:only reports i see today are the ibd/tipp
economic optimism @ pdt and total vehicle
sales which are all day
(05:30 am)
bill1 :Good morning Joey
(05:31 am)
gerald8 :Good morning. It will be
a great trading day, possibly to the downside
if you look at Europe.
(05:31 am) JoeyTSA
:using 93.80,94.25 as /CL range
(05:32 am)
JoeyTSA :on /NQ 3487 area is pp, 3477-6 some
support
(05:44 am) Murano :good
morning
(05:55 am) Qwert :Good morning
everyone
(05:57 am) skydiver :gm all
and thnx for gappers joey
(06:08 am)
skydiver :read report that TSLA passed
Germany’s inspections okay
(06:08 am)
JoeyTSA :thx sky
(06:10 am) Qwert :saw
that a swell sky on TSLA, just saw aapl up
beacause they bought Topsy a social media
analytics firm
(06:10 am) JoeyTSA :AAPL
also got price target upgrade
(06:11 am)
skydiver :thanks qwert
(06:11 am)
JoeyTSA :it was either $600 or $650
(06:11
am) Qwert :thx joey
(06:14 am) taco
:gm everyone
(06:14 am) taco :thx
for gappers joey
(06:18 am) JoeyTSA :whats
this stuff about amazon and drone deliveries?
cant that really work
(06:19 am)
skydiver :I went long on TSLA
pre-market — bit of a gamble I’m thinking,
but tighter stop – working sooooo far
–
(06:19 am) skydiver :drones – I
think amazon has to work with the airways to
get approval and work out some kinks, but
might work
(06:20 am) skydiver :3/4
out of TSLA long
(06:20 am) Qwert :Did you
see the video of that on cnbc joey
(06:20
am) JoeyTSA :i would think so
(06:20 am)
JoeyTSA :no qwert i missed it
(06:20 am)
Qwert :they were showing it yesterday very
cool
(06:21 am) JoeyTSA :have to watch it
before i think of all the bad things that can
happen haha
(06:24 am) skydiver
:TSLA still moving upward . . .
(06:27 am)
skydiver :my last piece might make more
than my first 3/4 piece on TSLA
long
(06:27 am) JoeyTSA :great
trade
(06:28 am) skydiver :makes for
a great start for the day 🙂
(06:28 am)
skydiver :stopped out of last piece of
TSLA long
(06:28 am) Qwert :nice trade
sky
(06:29 am) skydiver :thnx qwert
– now watch TSLA shoot up to the moon
🙂
(06:29 am) JoeyTSA :haha
(06:29 am)
JoeyTSA :TSLA,AAPL should be active
today
(06:30 am) JoeyTSA :great bounce on
/CL of that 93.80 area
(06:35 am)
skydiver :PWRD – rtake over
chatter
(06:35 am) JoeyTSA :BIDU trying
for $170
(06:37 am) JoeyTSA :yeah AAPL was
$520 a few days back
(06:37 am)
skydiver :thnx for PWRD Mitch
(06:40
am) JoeyTSA :will use AAPL $563, BIDU $170
and TSLA $135 as nxt breakout
levels
(06:40 am) skydiver :thnx
joey
(06:40 am) JoeyTSA :if at
all
(06:40 am) JoeyTSA :getting slight
pullback overall
(06:44 am) skydiver
::)
(06:46 am) regatta :watching
MYGN
(06:46 am) JoeyTSA :BOSC active again
today
(06:47 am) JoeyTSA :had huge % move
yesterday, decent move so far today
(06:53
am) Mitch King:gee a lot of ideas
today
(06:54 am) JoeyTSA :/CL up about $1
from earlier support area
(06:55 am)
JoeyTSA :so far only TSLA broke out from
mentioned level
(06:58 am) skydiver
:thnks for JBLU long Mitch
(06:58 am)
JoeyTSA :tighten TSLA if long
(06:59 am)
taco :QIHU stepping up, at
$86
(06:59 am) JoeyTSA :very nice 30min of
trading so far
(07:00 am) JoeyTSA :thx
taco, looked at them earlier but left
it
(07:00 am) JoeyTSA :they made a move
end of day yesterday too
(07:03 am)
JoeyTSA :VJET uptrend so far
(07:07 am)
Mitch King:you Portland workshop attendees
should have received THunder 2
yesterday
(07:08 am) taco :yes Mitch
thx
(07:08 am) Mitch King:the purple dash
line is pegged to top so really strong
uptrend. its ok to cover here and look for
another short,
(07:08 am) Mitch King:the
purple dash line pegged to top means uptrend
is in tact and still strong
(07:08 am)
taco :are you still finding 5r or 4r
really good with thunder?
(07:08 am) Qwert
:Mitch what time frame do you have it
on?
(07:09 am) Mitch King:i use mostly 5
range chart qwert
(07:09 am) Mitch
King:almost exclusively
(07:09 am) Qwert
:thx mitch
(07:09 am) taco
:ty
(07:10 am) skydiver :and thanks
here for info on CL 🙂
(07:19 am) Mitch
King:you see that 20 tick bounce in CL?
thats what you short into, that top.
you short on downtrends and buy on dips in
uptrends
(07:20 am) Mitch King:it doesnt
matter what futures instrument, forex or
stock, same principle
(07:23 am)
skydiver :FRX – up on speculation
another company may try to take them
over
(07:24 am) Mitch King:try not to
microtrade too much on CL, its too easy to
get lost where you should be on overall
trend. you want to look now if it
breaks below that 94.82 bottom it made,
if it does then you know it is confirmed we
are on a downtrend or more evidence there is
a downtrend
(07:25 am) Mitch King:but it
is still bullish, purple dash line pegged to
top
(07:26 am) Mitch King:the average hold
time on best trades for CL have been 45 min
to an hour. recently hold times have
been longer
(07:31 am) skydiver
:covered FRX short
(07:31 am) Mitch
King:what price did you short and then cover
FRX skydiver
(07:32 am) skydiver
:58.21
(07:32 am) Mitch King:what price is
cover
(07:32 am) skydiver :then
covered at 57.66
(07:32 am) Mitch
King:ok
(07:37 am) skydiver :should
have held onto FRX short longer . . . I guess
I was tooo micro on that trade 🙂
(07:37
am) JoeyTSA :easy to see after the fact
🙂
(07:38 am) skydiver :Had eyes off
of TSLA — wouild have been a decent
short
(07:38 am) JoeyTSA :unfortunately we
have to trade in the here and now, much
better to get out too soon then give it all
back
(07:38 am) skydiver :thanks
joey — I needed that 🙂
(07:39 am)
JoeyTSA :i used to go back and look at my
trades after the fact…all it did was
confuse me and tick me off haha
(07:39 am)
skydiver ::)
(07:39 am) taco
:my wife says i’ll be able to stay in longer
the more i practice, with stocks that
is
(07:39 am) JoeyTSA :hahaha
(07:39
am) Mitch King:/CL uptrend like this can last
a couple hours from start to finish, and odds
are higher uptrends will be more frequent
consider oil prces dropped to 92.50 area from
high of 112 area in october
(07:40 am)
skydiver :thnx Mitch
(07:41 am)
Mitch King:taco, my strong opinion is develop
your own style and instincts in
trading. best to rely and build your
own way of trading, i dont like too much
input during trading.
(07:42 am) Mitch
King:it really can mess you up to have other
people’s voices. as long as you use
best trading practices, key thing good
principles
(07:42 am) taco :gotch
Mitch, understand
(07:48 am) Mitch
King:hey sky, those buyout rumors like FRX
tend to go down quite a bit
(07:48 am)
skydiver :they seem to . . have had
good luck with those
(07:49 am)
skydiver :I got out a bit early on this
one
(07:49 am) JoeyTSA :it did have that
quic bounce back up to highs though
(07:50
am) JoeyTSA :that would have knocked me out
of trade
(07:50 am) skydiver :gotcha
joey on that
(07:51 am) JoeyTSA :had you
shorted that bounce though 2 targets would
have been 50% and then full
retracement?
(07:52 am) skydiver
:yes, would have felt some pain for
awhile
(07:53 am) skydiver :Okay —
dental appointment coming up — have a great
day and keep up those great trades
🙂
(07:54 am) taco :cya
sky
(07:54 am) JoeyTSA :have a great day
sky
(07:54 am) skydiver
::)
(08:11 am) JoeyTSA :taco: you get QIHU
short before this last bounce?
(08:15 am)
taco :no didn’t but i like my new set
up to see more for sure
(08:15 am) JoeyTSA
:you mean with the extra charts?
(08:16
am) taco :yes
(08:16 am) JoeyTSA
:you will discover pros and cons
haha
(08:16 am) taco :no
doubt
(08:47 am) JoeyTSA :S2, 1790 being
tested on /ES
(08:52 am) taco :DDD
of interest?
(08:53 am) JoeyTSA :im only
looking at shorts right now
(08:53 am)
JoeyTSA :been decent downtrend
overall
(08:53 am) taco
:right
(08:54 am) JoeyTSA :some pos div
going on though
(08:56 am) JoeyTSA
:getting ugly on DDD
(09:29 am) JoeyTSA
:taco: nice call on DDD
(09:30 am)
taco :thx:)
(09:47 am) JoeyTSA :HLF
nice move from 73
(09:59 am) JoeyTSA
:break tim, back in 60
(10:06 am)
freitag8 :/NQ in nice move down off the
highs
(10:49 am) JoeyTSA :keeping an eye
on OMED
(10:49 am) Qwert :OMED a nice
trading stock all day
(10:50 am) JoeyTSA
:yeah, i blew it on not getting it on that
pulback earlier
(10:51 am) Qwert :i only
traded it once for good profit but should
have stayed with it
(10:51 am) JoeyTSA
:pulled back to under $24, then kind of held
there for a bit
(11:04 am) taco
:have appointment, sorry about inappropriat
comment earlier Mitch and all. thanks for a
great day see you in the am 🙂
(11:04 am)
taco :pardon spelling too
haha
(11:04 am) JoeyTSA :have a great day
taco
(11:05 am) Murano :see you
taco
(11:14 am) Qwert :Bye Taco
(11:15
am) JoeyTSA :ICLD still moving
(11:15 am)
JoeyTSA :mentioned it earlier on first vol
spie, should have rolled with it
(11:15
am) jerryb :I’m new and I think I need
to have a phone conversation with someone on
staff about this trading room. Not
quite understanding what’s going
on.
(11:16 am) JoeyTSA :welcome to the
room jerryb
(11:17 am) JoeyTSA :i dont
have the office # offhand, maybe one of the
other mods does?
(11:17 am) Qwert :Office
number is 1-503-650-6346
(11:18 am) Qwert
:welcome Jerry you can ask questions here we
may be able to help out
(11:19 am)
jerryb :Can I call office number
now?
(11:19 am) Murano :if you took NPSP
short would cover some ehre
(11:19 am)
Qwert :Im sure that they are there
(11:19
am) Murano :ehre=here
(11:20 am) Qwert
:nice call Murano
(11:20 am) Murano
:thanks Qwert
(11:42 am) Murano :if you
took NPSP long would sell some here
(11:47
am) Mitch King:nice one on NPSP
murano
(11:47 am) Murano :thanks
Mitch
(11:48 am) Mitch King:now murano,
just give us 5 of those a day
(11:48 am)
Murano :haha
(11:48 am) JoeyTSA
::)
(11:48 am) freitag8 :I’m good
with that too Murano… or even 4 would be
ok
(11:49 am) JoeyTSA :i guess Santa is
bringing you a couple more blind squirrels
this Christmas 🙂
(11:49 am) Mitch King:ok
i will go with Freitag, i will take four of
those, but nothing less, hehe
(11:51
am) Murano :I woulkd like 5 of those each day
myself
(11:51 am) JoeyTSA :amen
(11:52
am) Murano :holding last 1/4 NPSP
looking for 24.65
(11:54 am) Murano :out
last 1/4 NPSP
(11:57 am) JoeyTSA :TSLA
with a bit of a move
(11:58 am)
freitag8 :I covered my 139 Short on
TSLA (139/144 Bear call Spread) yesterday…
just in time!
(11:59 am) JoeyTSA :good
job, big upmove today
(12:00 pm)
freitag8 :I was not expecting this kind
of move, but gotta respect that it
can
(12:00 pm) JoeyTSA :one reason i
stopped swing tradig
(12:00 pm) JoeyTSA
:trading
(12:14 pm) Qwert :Have an
appointment see you all in the
morning
(12:14 pm) JoeyTSA :bye qwert,
have a good one
(12:14 pm) Murano :see you
Qwert
(12:15 pm) Murano :covered all
MCP
(12:18 pm) regatta :watching
CADX
(12:21 pm) JoeyTSA :my tme is
up
(12:22 pm) Murano :see you
Joey
(12:22 pm) JoeyTSA :Thanks
Mitch,Murano,Qwert,everyone
(12:22 pm)
JoeyTSA :have a great day, see you all
tomorrow
(12:23 pm) freitag8 :take
care
(12:24 pm) freitag8 :Gild hit
my short list today.
(12:25 pm) Murano
:done for the day, see you tomorrow
(12:26
pm) freitag8 :Have a good day Murano.
Thanks for the help
(12:30 pm)
freitag8 :CL up, Ford, GM and UAL all
down big.. could be an opportunity in CL
tomorrow
(12:40 pm) freitag8 :is
there any benefit to trading /CL after
hours?
(12:40 pm) freitag8 :or is it
too thinly traded?
(12:47 pm) Mitch
King:no freitag, it is not worth trading
extended trading hours on CL. not
enough volume and it takes a long time for
price to move. save your energy for
next day on regular trading hours
(12:55
pm) freitag8 :Thx Mitch
(01:00 pm)
freitag8 :Have a great day every1… c
ya 2marrow
(01:00 pm) gerald8 :Great
trading day.
(01:56 pm) Mitch King:good
job gerry
|
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