| (07:00 am) Ed :*(US) MAY EXISTING HOME SALES:
5.18M V 5.00ME
(06:01 am) JoeyTSA :eye on /CL
(06:13 am) Mitch King:Pre Market UP: FNSR,
RPRX, WMGI, SSYS, GME, TSLA. Pre Market
DOWN: GOLD, EBIX, AMZN, NFLX, BUD, RIO, GS,
NEM, SDRL, AEM, FDX, BBL, DDD, GG, SLW, GSK,
SHPG, CVX, BIIB, CAT, AZN, ASML, DEO, BIDU.
(06:25 am) JoeyTSA :/6J making nice moves
again, on radar all day
(06:26 am) Mitch King:as well as the initial
drop
(06:26 am) Mitch King:i think the market top
is in on the indexes for months. stocks wont
bounce much as a rule today, i’d look for
shorting on bounces
(06:30 am) Mitch King:watching CLMT
(06:31 am) Mitch King:watching CREE
(06:31 am) Mitch King:watching AMT
(06:31 am) Mitch King:watching VLO
(06:31 am) Mitch King:watching SNDK
(06:31 am) Mitch King:watching TTEK
(06:32 am) Mitch King:watching GMCR
(06:32 am) JoeyTSA :eye on AAPL
(06:32 am) Mitch King:watching PIR
(06:32 am) Mitch King:watching ENB
(06:32 am) Mitch King:watching WYNN
(06:32 am) Mitch King:watching ADBE
(06:33 am) Mitch King:watching IBM for top
(06:33 am) Mitch King:watching JBL
(06:33 am) Mitch King:watching ONXX
(06:33 am) JoeyTSA :watching TSLA for bottom
(06:33 am) Mitch King:watching MW
(06:33 am) Mitch King:watching FMC
(06:33 am) Mitch King:watching MPC
(06:33 am) JoeyTSA :eye on TMO
(06:34 am) Mitch King:watching PMT
(06:34 am) JoeyTSA :eye on AMGN
(06:34 am) Mitch King:watching AMT
(06:34 am) Mitch King:watching CTXS
(06:34 am) Mitch King:SPY new low
(06:34 am) Mitch King:watching ALXN
(06:35 am) Mitch King:watching KBH
(06:35 am) JoeyTSA :eye on TSO
(06:35 am) Mitch King:watching wNR
(06:35 am) JoeyTSA :eye on TOL
(06:36 am) Mitch King:watching XEC
(06:36 am) Mitch King:watching WYNN
(06:36 am) Mitch King:watching DDD
(06:36 am) Mitch King:watching DE
(06:36 am) Mitch King:watching JOY
(06:36 am) Mitch King:watching OAS
(06:36 am) Mitch King:watching HFC
(06:37 am) Mitch King:watching home builders
for small bounce; DHI, TOL, PHM, KBH
(06:37 am) JoeyTSA :GS trying to hold $158
(06:38 am) Mitch King:watching MPEL
(06:38 am) Ed :keep eye on LNKD 180 level is
potential resistance
(06:38 am) Mitch King:watching FDX
(06:39 am) Mitch King:watching MW
(06:39 am) Mitch King:SPY trying to bounce
(06:40 am) Mitch King:watching BEN
(06:40 am) Mitch King:watching WHR
(06:40 am) Mitch King:watching VIPS
(06:41 am) Mitch King:more downside for LVS
(06:42 am) JoeyTSA :eye on AMZN $178 area
(06:42 am) Mitch King:watching URI
(06:43 am) Mitch King:watching FNSR
(06:44 am) Mitch King:watching CME
(06:44 am) Mitch King:monitoring MET
(06:44 am) Ed :internals staying at –600 so
far
(06:45 am) Mitch King:watching TSLA for top
(06:45 am) JoeyTSA :tighten TSO if long
(06:46 am) Mitch King:should get short
opportunity on the tops of these bounces,
watch SPY for a guide
(06:47 am) Mitch King:watching MET for top
(06:48 am) Mitch King:watching LNKD
(06:48 am) Mitch King:watching PNRA
(06:49 am) Mitch King:watching CAT
(06:50 am) Mitch King:watching EXPE
(06:50 am) Ed :monitor GS @near 160 level
(06:50 am) Mitch King:watching MYGN
(06:50 am) JoeyTSA :tighten GS if you got it
long on that hold of $158
(06:52 am) Ed :SPY being rejected trendline
resistance for now
(06:54 am) Ed :monitor SSYS been strong so
far
(06:54 am) JoeyTSA :RYL a bit weak, see if
40.50 holds
(06:54 am) Ed :AGNC still weak
(06:54 am) Ed :SPY still fighting with
trendline
(06:55 am) Ed :monitoring for potential
short
(06:55 am) Mitch King:monitoring ETP
(06:56 am) Qwert :monitoring CELG
(06:57 am) Ed :can use IBB as guided for
sector
(06:57 am) Ed :similar chart patterns
CELG,BIIB,AMGN,ALXN,REGN,VRTX
(06:58 am) Mitch King:watching MPC
(07:00 am) Ed :*(US) MAY LEADING INDICATORS:
0.1% V 0.2-
(07:00 am) Ed :*(US) JUN PHILADELPHIA FED:
12.5 V -2.0E
(07:00 am) JoeyTSA :reports coming out
(07:01 am) Mitch King:watching ETP
(07:02 am) Ed :SPY still being rejected by
trendline
(07:02 am) Ed :Gold getting hit on numbers
(07:02 am) Mitch King:watching RCI
(07:03 am) Mitch King:watching CME
(07:04 am) Ed :if u took GS short would
cover some in here
(07:07 am) Ed :if u took AGNC short would
cover some in here
(07:09 am) JoeyTSA :PSX trying to bounce off
$61, but has been weak
(07:10 am) Mitch King:watching KR
(07:10 am) Ed :if u took SSYS short would
cover some in here
(07:11 am) Mitch King:watching YNDX
(07:11 am) Ed :SPY testing near lod
(07:12 am) Ed :SPY new lod
(07:16 am) Mitch King:watching OHI
(07:16 am) Mitch King:watching SPG
(07:18 am) JoeyTSA :nat gas # in 10min
(07:18 am) JoeyTSA :UVXY nice moves
(07:19 am) Mitch King:watching BLK
(07:22 am) Mitch King:watching SPG closer
(07:25 am) Mitch King:watching NAV
(07:28 am) JoeyTSA :be careful if trading
/NG, report out in1min
(07:30 am) Ed :SPY new lod
(07:30 am) Ed :*(US) WEEKLY EIA NATURAL GAS
INVENTORIES: +91 BCF V +87 TO +92 BCF
EXPECTED RANGE –
(07:31 am) Mitch King:watching UVXY
(07:35 am) Mitch King:watching KMB
(07:45 am) Mitch King:watching LL
(07:51 am) Ed :first time internals have
actually turned +, will see how long lasts
(07:51 am) Ed :getting bounce in SPY off
lows
(07:58 am) JoeyTSA :/ES 1600 acting as res at
the moment
(08:01 am) Mitch King:monitoring AMTD
(08:02 am) JoeyTSA :SSYS trying to hold $85
(08:05 am) Mitch King:monitoring PRLB
(08:05 am) Mitch King:monitoring DEO
(08:08 am) Ed :SPY nearing lod
(08:10 am) Mitch King:watching GS
(08:16 am) JoeyTSA :eye on /6J 0.010200
support level
(08:24 am) Qwert :monitoring PHM
(08:25 am) Qwert :monitoring CE
(08:30 am) JoeyTSA :eye on GS here at $157
(08:34 am) JoeyTSA :trail/tighten GS if
short
(08:37 am) Murano :Watching LTD
(08:45 am) JoeyTSA :eye on LGND, not a big
fan of the vol though
(08:48 am) Mitch King:watching CL08 for
bottom
(08:57 am) Mitch King:sell if long
(08:57 am) Mitch King:CL 08-13 is the new
contract for crude oil
(09:07 am) Murano :Watching PCL
(09:23 am) Mitch King:monitoring SRPT
(09:34 am) Ed :LBTYA
(09:35 am) Mitch King:watching LBTYK also
(09:39 am) Ed :covering 3/4 LBTYA short
(09:44 am) Ed :test
(09:47 am) Ed’s assistant :text
(09:54 am) JoeyTSA :/ES back below 1600
(10:03 am) JoeyTSA :nice pullback on EBIX,
watch $11 level
(10:04 am) JoeyTSA :AAPL making lower highs
still, watch for loss of $419,$418 area
(10:11 am) Murano :Watching FIO
(10:15 am) Ed :FB Launches video function for
Instagram platform – video app launch
(10:19 am) Ed :SPY nearing lod
(10:30 am) Murano :Covered 3/4 FIO
(10:40 am) Murano :Out last 1/4 FIO
(10:47 am) Ed :TEF on move
(10:48 am) Ed :T Reportedly evaluating
signing deals with Telefonica regarding its
segments in the UK and Latin America –
financial –
(10:48 am) JoeyTSA :VOD vol spike
(10:56 am) Ed :US) House of Representatives
fails to approve the farm bill legislation
that included large cuts to the food stamp
program –
(10:57 am) Ed :if u were able to short TEF
would cover some in here
(11:07 am) Ed :Market Internals update at
14:00ET – NYSE volume 495M shares, about 39%
above its three-month average; decliners lead
advancers by 16.7- to 1
(11:09 am) Ed :Naz is 10% above 3 month avg.
vol decliners lead 4.7 to 1
(11:12 am) Ed :GC 8-13 new lows GLD new lows
(11:12 am) Ed :SPY new lod
(11:14 am) Murano :Watching CI
(11:24 am) JoeyTSA :UVXY topping out here
(11:30 am) Ed :fresh lows in markets
(11:34 am) JoeyTSA :/6J nice run
(11:38 am) Ed :CLWR Sprint Raises Offer to
$5.00/shr from $3.40/shr prior (DISH offer is
$4.40/shr); Clearwire Special Committee and
Board Change Recommendation in Favor of
Sprint Merger
(11:39 am) Ed :CLWR halted right now
(11:40 am) Murano :Watching TMUS
(11:47 am) Murano :Covered 3/4 CI
(11:52 am) Murano :Covered last 1/4 CI
(11:52 am) JoeyTSA :PCYC
(11:55 am) JoeyTSA :AAPL weak
(11:57 am) Murano :Covered TMUS short not
working
(11:59 am) Murano :Watching JBL
(11:59 am) JoeyTSA :/ES S3 is 1579.75, just
watching it
(12:13 pm) Murano :Covered 3/4 JBL
(12:09 pm) JoeyTSA :tighten PCYC if long
(12:20 pm) Murano :Covered last 1/4 JBL
(12:23 pm) JoeyTSA :tighten AAPL if short
(12:25 pm) Murano :Watching DISH
(12:37 pm) JoeyTSA :/ES losing S3, UVXY
moving
(12:40 pm) Murano :Covered DISH short
not working
(12:54 pm) Ed :getting late bounce
(12:55 pm) Mitch King:you guys want to see
something cool in a few minutes?
| (05:51 am) JoeyTSA :Good morning
Mitch,Qwert,gum,regatta
(05:52 am) JoeyTSA :unemployment claims
slightly red,existing home sales + philly fed
+cb leading index at 7pdt
(05:52 am) JoeyTSA :nat gas # at 7:30pdt
(06:02 am) Qwert :Good morning to everybody
(06:02 am) JoeyTSA :gap down ;
EBIX,AGQ,BUD,GOLD,GLD,AAPL
(06:03 am) JoeyTSA :gap up:
FNSR,WMGI,SSYS,UVXY,GME,DUST
(06:04 am) elisha :gm to everybody and
thanks for gaps joey
(06:04 am) JoeyTSA :/ES S2 is 1605, but 1600
is the key # to watch
(06:05 am) JoeyTSA :/GC trading below 1300
(06:13 am) taco :gm all thx for gappers joey
and info
(06:14 am) JoeyTSA :thx Mitch
(06:15 am) taco :thnks Mitch
(06:15 am) JoeyTSA :UVXY nice move
(06:15 am) JoeyTSA :Good morning
Ed,Diosna,Qwert
(06:16 am) JoeyTSA :Ed, we were talking about
DUST yesterday…
(06:16 am) Qwert :CL huge selloff
(06:16 am) JoeyTSA :still low volume, but a
nice overnight move, about $16
(06:16 am) Ed :yea and it is dusting gold
(06:17 am) Ed :up19 points since we spoke of
it
(06:17 am) JoeyTSA ::) some etfs have good
names
(06:17 am) Ed :yep
(06:18 am) JoeyTSA :GS and big names all look
weak right now..keep on radar
(06:19 am) Ed :yea GS leaning hard on daily
(06:19 am) Ed :wants to give up ghost
(06:20 am) JoeyTSA :should be some nice moves
today
(06:21 am) JoeyTSA :tomorrow triple
witching?
(06:23 am) elisha :thx for info Mitch
(06:26 am) Qwert :thx mitch
(06:26 am) JoeyTSA :sounds like a plan
(06:27 am) taco :ok
(06:27 am) elisha :thx again Mitch
(06:27 am) skydiver :gm all and thanks for
the plan as well 🙂
(06:29 am) taco :i found IEF on finviz,
looks interesting
(06:30 am) JoeyTSA :just watch volume on some
of those etf’s
(06:32 am) JoeyTSA :using 96, 95.70 as /CL
range right now
(06:35 am) Qwert :EBIX a beauty
(06:35 am) skydiver :yes qwert 🙂
(06:36 am) JoeyTSA :need a shotgun today
,lots of movers
(06:38 am) JoeyTSA :GS was near $165
yesterday, ugly move for that big player
(06:40 am) JoeyTSA :NYSE BPI still in X’s ,
but that might change after today, will
update tomorrow morning..remind me 😉
(06:41 am) JoeyTSA :/ES looking weak, S2 now
res, if 1600 gets taken out, things could get
really ugly
(06:42 am) JoeyTSA :this area needs to hold
and push thru a couple ma’s
(06:43 am) skydiver :thnx joey on the NYSE
BPI X
(06:43 am) skydiver :info
(06:43 am) JoeyTSA :just remind me to update
(06:44 am) skydiver :TSLA came up nicely –
waiting for LNKD to pop more on my long
(06:44 am) JoeyTSA :takes a pretty large move
for a change on that
(06:45 am) JoeyTSA :im taking quicker profits
on the long side today until we get a trend
change
(06:45 am) JoeyTSA :getting decent bounce on
/ES, /TF though
(06:45 am) skydiver :I’m now doing the same
. . almost got taken out LNKD
(06:46 am) JoeyTSA :/ES testing 200ma res,
trying to show strength now
(06:46 am) skydiver :all out of TSLA long
and out of LNKD long for now
(06:47 am) skydiver :got out of TSLA a bit
early . . but happy with profit I got
(06:48 am) JoeyTSA :i called TSLA and so much
going on totally missed it
(06:48 am) skydiver ::(
(06:51 am) Ed :nice call on TSLA
(06:51 am) JoeyTSA :re: GS , when i say $158,
i mean that area, not an exact hard #…
(06:52 am) JoeyTSA :esp with higher priced
stocks, they can over/undershoot those
targets 20-40cents easily
(06:54 am) skydiver :yes – great call . .. I
jumped of the train way early, but great call
🙂
(06:56 am) skydiver :TSLA hit R3 resistance
(06:57 am) skydiver :nice that Lightspeed
shows no L on TSLA –
(06:59 am) skydiver :reports out shortly
(07:00 am) skydiver :thnx Ed
(07:01 am) JoeyTSA :thx Ed, some of these
guys are worse forecasters than
weatherpeople
(07:02 am) Ed :true
(07:02 am) Ed :should have kept DUST up
(07:02 am) JoeyTSA :AAPL nice move
(07:03 am) Ed :AAPL carries ton of weight
notice how money moves to it when markets get
hit hard
(07:04 am) JoeyTSA :yep, and usually has a
decent range to trade
(07:04 am) Ed :nice play qwert on EBIX
(07:05 am) Ed :they gave of rejection of 160
no overshoot,
(07:05 am) Ed :does not happen often
(07:05 am) Qwert :thx Ed EBIX real nice
(07:06 am) JoeyTSA :right, thats why i use
the #, but give it wiggle room, every now and
then the # is a hardline though
(07:06 am) Ed :usuallly some overshoot, key F
L E X I B L E
(07:06 am) JoeyTSA :yeah EBIX has been great
(07:07 am) JoeyTSA :nice r:r on that one
(07:08 am) Ed :was acting weak so just hit on
break of new lows
(07:08 am) Ed :line of least resistance
(07:08 am) JoeyTSA :nice
(07:10 am) JoeyTSA :keeping eye on both
ALXN,AMGN..no trade just yet
(07:11 am) JoeyTSA :great call Ed on SPY
trend res
(07:11 am) JoeyTSA :here comes 1600
(07:11 am) Ed :thx
(07:18 am) Murano :Great call on FB
(07:20 am) JoeyTSA :/CL ugly day
(07:21 am) JoeyTSA :kind of surprised housing
stocks didnt get much push on that decent #
(07:22 am) JoeyTSA :EBIX dbl top area
(07:22 am) JoeyTSA :fed money pump approx $3B
coming in
(07:31 am) JoeyTSA :huge move down on /NG
(07:32 am) JoeyTSA :UVXY just beautiful
today
(07:32 am) JoeyTSA :early break, see you in
20
(07:33 am) skydiver :enjoyi joey
(07:48 am) Ed :when is crop report or corn??
(07:49 am) Ed :crop reporter lisa not here
(07:50 am) taco :have to go out for a bit
but will be back, thanks for great calls.
stay sharp:)
(07:50 am) Ed :c ya taco
(07:50 am) Qwert :LVS testing lod
(07:51 am) Qwert :Ed are you talking about
Tick?
(07:52 am) Ed :yes, good to use on days like
today
(07:52 am) JoeyTSA :thx Ed
(07:52 am) Qwert :thx back to negative now
(07:53 am) JoeyTSA :mutual fund managers must
be sweating 🙂
(07:58 am) JoeyTSA :i will only be trading
1st hour or so tomorrow, big convention in
town..will be in/out of the room today too to
get ready
(08:01 am) elisha :When you say Tick are you
referring to a tick chart? What exactly do
you mean by “internals”? Thanks
(08:01 am) Ed :breadth
(08:01 am) JoeyTSA :some charts list it as
$TICK
(08:02 am) Qwert :Hey everyone I will be
leaving in a little while for my inlaws my
mother in law is having surgery right now so
flying up to be there when she comes out.
please keep her in your prayers. I will be
trading from there house tomorrow morning
(08:02 am) Ed :i dont look at chart, i just
look at numbers
(08:02 am) JoeyTSA :prayers sent Qwert
(08:02 am) Qwert :same here Ed have it in an
alert window on esignal
(08:03 am) Qwert :LVS short still working
(08:03 am) elisha :I will also include her
in my prayers Qwert.
(08:04 am) Ed :nice going qwert
(08:04 am) JoeyTSA :on TS, i have it on a
chart with horizontal lines at extreme levels
to get audio alert
(08:04 am) JoeyTSA :thats when i have it up
haha
(08:04 am) elisha :so you use $tick as one
way to measure breadth
(08:05 am) Qwert :I used to have it set up
that way on Etrade joey
(08:05 am) Ed :yes
(08:06 am) elisha :Thanks – I had to look
that up in one of my books to refresh my
memory
(08:07 am) JoeyTSA :tick is good to follow
(08:08 am) elisha :thx again
(08:09 am) Qwert :Ed do you use an audio
alert on esignal or just have a window open
for tick
(08:09 am) JoeyTSA :EBIX hit $12, nice play
today
(08:09 am) Ed :I have it on stock list
(08:10 am) Qwert :so like in a watchlist?
(08:10 am) Ed :yes
(08:10 am) Qwert :u also have $trin?
(08:11 am) Ed :yes
(08:11 am) Ed :and trinq which is for naz
(08:11 am) JoeyTSA :nice Ed, thanks
(08:12 am) Ed :but I only pay attention to
them on extrem days like today
(08:12 am) JoeyTSA :i usually set my alert to
+/- 1000
(08:13 am) harlen444 :ebix has good vol
(08:13 am) JoeyTSA :harlen, today much higher
than normal for them
(08:14 am) Qwert :how do you use trinq is it
like trin?
(08:15 am) Qwert :EBIX was a perfect gap
trade just wish i still had some left
(08:15 am) JoeyTSA :yeah qwert, thats how
gaps are supposed to work 🙂
(08:17 am) JoeyTSA :GS nice short off each
bounce, like 1st one Ed mentioned at $160
(08:23 am) JoeyTSA :kind of asc tri on UVXY
(08:28 am) JoeyTSA :missed it, but BIIB lost
$200
(08:30 am) JoeyTSA :GMCR holding its own
today
(08:31 am) JoeyTSA :solid loss here on GS i
would expect market to drop again
(08:31 am) Ed :lower highs showed GS but
missed that opp
(08:32 am) JoeyTSA :EU red red red
(08:32 am) JoeyTSA :your $160 mention was
spot on
(08:33 am) JoeyTSA :high i have is 159.99
🙂
(08:33 am) Ed :yep, then that lower high
159.15 was 2nd opp
(08:34 am) Ed :must have been thinking about
lunch at time
(08:34 am) JoeyTSA ::)
(08:35 am) Ed :nice call
(08:36 am) JoeyTSA :thx, not hard to see
sometimes
(08:38 am) Ed :CME has been really strong
against markets
(08:39 am) JoeyTSA :nice move
(08:52 am) JoeyTSA :gotta run for a little
bit, good trading
(08:52 am) Ed :c ya joey
(09:00 am) Qwert :Thx for the CL call Mitch
(09:07 am) Mitch King:you short qwert
(09:08 am) Qwert :No trying to get out of
here for the airport but to many ideas
(09:16 am) Qwert :Bye everyone cya all in the
am
(09:16 am) Qwert :thx for all the awesome
calls
(09:20 am) taco :c ya qwert
(09:24 am) Ed :c ya qwert
(09:27 am) regatta :watching FSLR
(09:35 am) regatta :watching ALKS
(09:35 am) JoeyTSA :ncie on LBTYA/K
(09:44 am) JoeyTSA :i see you
(09:45 am) Ed :thx
(09:45 am) Ed :Diosna lost connection
(09:45 am) JoeyTSA :AAPL put up a fight at
$420, looks to be losing now
(09:46 am) Ed :we are on same router was
curious
(09:46 am) JoeyTSA :gotya
(09:47 am) Ed :working now diosna
(09:51 am) JoeyTSA :i think she is just
trying to get a headstart on her day off
tomorrow 🙂
(09:51 am) Ed ::)
(09:51 am) JoeyTSA :speaking of, mention
again i will only be here first 60-90 minutes
tomorrow
(09:52 am) Ed :slacker
(09:52 am) Ed :oops slip of typing
(09:52 am) JoeyTSA :yeah, big convention at
MGM starts today
(09:52 am) JoeyTSA :haha
(09:52 am) Ed :what kind health
(09:52 am) JoeyTSA :yeah, annual Beachbody
Summit
(09:53 am) Ed :plenty of pics please
(09:53 am) Ed :but no males in pics thank
you
(09:53 am) JoeyTSA :gotta show those young
pups that my 47yr old body can still hang
tuff 🙂
(09:53 am) Ed ::)
(09:54 am) Ed :CME still on nice uptrend
(09:54 am) JoeyTSA :its had a nice day, even
from your earlier mention
(09:57 am) JoeyTSA :eye on GMCR for a bottom
(10:05 am) JoeyTSA :re; AAPL, esp if it cant
push above $420
(10:06 am) JoeyTSA :LNKD whacked a bit today
too
(10:16 am) JoeyTSA :aaren hernandez doing his
best OJ impression
(10:16 am) Ed :yep
(10:17 am) JoeyTSA :either that or its
bernanke trying to get away 🙂
(10:21 am) Ed ::)
(10:40 am) Ed :nice trading murano
(10:40 am) Murano :Thanks ED
(10:43 am) taco :yes nice Murano, did you
trade both tops or just the second ?
(10:43 am) Murano :The first, short from
13.73
(10:44 am) JoeyTSA :nice trading
(10:44 am) taco :thxs
(10:48 am) JoeyTSA :not much price move yet
on VOD
(11:08 am) JoeyTSA :ouch
(11:08 am) taco :thx Ed
(11:09 am) JoeyTSA :thx Ed
(11:25 am) JoeyTSA :will head back up on next
/ES leg down
(11:26 am) shark :DIA filling in 5/3 gap up
(11:29 am) shark :big selling in markets
(11:30 am) shark :healthy fresh?
(11:30 am) shark :like organic fresh?
(11:30 am) Ed :yep
(11:30 am) taco 🙂
(11:31 am) shark :Ed, what sell signal you
watching for on your swing USD/JPY?
(11:31 am) Ed :just trailing but looking for
110 for target
(11:31 am) shark :;)
(11:32 am) JoeyTSA :crude closing right hear
$95
(11:33 am) JoeyTSA :both DUST and UVXY off
the hook today
(11:33 am) shark :nice joey,
(11:39 am) shark :The S&P; 500 just undercut
its low on June 6th of 1598.23. That
should put the Market in Correction with the
IBD
(11:39 am) JoeyTSA :thx shark, /ES below 1590
rigth now
(11:39 am) shark :Because tapering will
probably continue through early next year,
this could be a significant correction.
(11:40 am) JoeyTSA :weird, selling off due to
“good news” that the economy is “recovering”
🙂
(11:40 am) shark :yeah
(11:41 am) JoeyTSA :so how healthy is the
economy really if it cant stand without a
crutch
(11:41 am) shark :The “unknown”
(11:42 am) JoeyTSA :stable like a drunk guy
with 1 foot on an oil patch and the other
foot on a banana peel haha
(11:43 am) shark :lol
(11:45 am) JoeyTSA :going to be interesting
to see whats coming
(11:47 am) skydiver :good analogy of the
economy joey . . 🙂
(11:48 am) JoeyTSA :hate to see things so
negatively, but just looking around i see a
world of hurt coming..maybe not so much
stock-related, but in general
(11:49 am) JoeyTSA :im sure there are other
more upbeat views though
(11:49 am) taco :better to be realistic then
be in denial
(11:50 am) taco :than
(11:50 am) skydiver :sure . . . but I’m
being cautious as well — just looking at the
indicators and signs all around . . . that’s
why I like day trading — can get out faster
. . I sold my mutual funds in nick of time –
did well with them
(11:50 am) JoeyTSA :nice sky
(11:51 am) skydiver :yesterday and today
would have been different story
(11:51 am) JoeyTSA :yep, everybody with the
401k fully invested is having stomach issues
right now
(11:51 am) skydiver :thnx for Cole . . . 🙂
(11:52 am) shark :persistent selling
continues
(11:52 am) skydiver :exactly joey
(11:52 am) skydiver :TSLA at 100
(11:52 am) skydiver :dow down 330 – wow
(11:52 am) shark ::)
(11:52 am) skydiver :nice Murano
(11:53 am) shark :the trend is our
buddy…or something like that
(11:53 am) skydiver ::)
(11:53 am) skydiver :out 3/4 COLE long and
tight stop
(12:03 pm) JoeyTSA :GMCR still sliding down
(12:08 pm) shark :SLV -7.7%, GLD -5.5%
(12:10 pm) JoeyTSA :everything fell huh
(12:10 pm) JoeyTSA :gold used to trade
opposite of stocks at one time
(12:12 pm) JoeyTSA :Bill Griffith is going to
find out who is making money today 🙂
(12:12 pm) JoeyTSA :guess he isnt a TSA
member haha
(12:12 pm) Ed ::)
(12:13 pm) JoeyTSA :thats the mindset though,
they only know how to make money on the long
side
(12:24 pm) JoeyTSA :or long the puts on AAPL
(12:27 pm) shark ::)
(12:35 pm) taco :some nice calls Murano
(12:36 pm) Murano :Thanks taco
(12:37 pm) Murano :QCOR may be interesting
close to 45
(12:38 pm) JoeyTSA :agreed Murano
(12:39 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano,everyone
(12:39 pm) Ed :c ya joey
(12:39 pm) JoeyTSA :hope you all have a great
day, see you tomorrow morning
(12:39 pm) taco :c ya joey
(12:39 pm) JoeyTSA :wild day to say the
least
(12:41 pm) Murano :Done for the day, see you
tomorrow
(12:41 pm) taco :bye Murano take care
(12:41 pm) Ed :c ya murano
(12:43 pm) shark :bye murano
(12:44 pm) shark :I’m glad oil is pulling
back in price.
(12:44 pm) shark :nice bonus when we all
fill up for gas
(12:45 pm) shark :so GLD became a 3x bottom,
with breakdown gap on vol today
(12:46 pm) shark :text book technical trade
(12:50 pm) taco :thanks Mitch, Ed, Diosna
and everyone, see you tomorrow:)
(12:51 pm) Ed :c ya taco
(12:51 pm) shark :bye taco
(12:58 pm) shark :I do, Mitch
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