(06:10 am) Mitch King:have you guys read the
news about potash [fertilizer] prices being
chnaged based on volume vs. price and it is
driving down stock prices this morning of
POT, MOS, AGU, IPI, CMP, MON
(06:10 am) Ed :Agrium Inc. (USA) Cowen making
cautious comments on AGU, CF, IPI, POT, RNF –
Firm cites the break up of Belarus Potash Co.
(BPC), the cartel formed b/w Russia’s
Uralkali and Belarus (Belaruskali),
representing 43% of global market and leaving
Canpotex as the world’s top potash exporter
while exposing global potash prices to
significant downside.
(06:10 am) Ed :this is news that cause some
of AG stocks to get whacke as well premarket
(06:11 am) Mitch King:these stocks are down
big percentages this morning
(06:12 am) Mitch :Premarket UP: HLF, AGNC,
VNDA, CVLT, STXS, AEGR, GT, CMI Premarekt
DOWN: MOS, POT, BCS, CF, SAVE, BP, HMA, DDD,
USU, COH, XONE, SNDK, IPI, AGU, TEVA
(06:30 am) Mitch King:watching ESRX
(06:30 am) Mitch King:watching XYL
(06:30 am) Mitch King:watching AEGR for top
(06:30 am) Mitch King:watching PRGO for
trades
(06:30 am) Mitch King:watching GT for top
(06:30 am) Mitch King:watching HMA
(06:30 am) Mitch King:watching SAVE
(06:31 am) Mitch King:monitoring PMCS
(06:31 am) JoeyTSA :eye on BIDU
(06:31 am) Mitch King:Watching ESRX closely
today
(06:31 am) Mitch King:watching OMC
(06:31 am) Mitch :watching VRTX
(06:31 am) Mitch King:watching BYD
(06:31 am) Mitch :watching FNV
(06:32 am) Mitch :monitoring APC
(06:32 am) Ed :TSLA monitor 135 level
(06:32 am) Mitch King:watching DDD for short,
take time
(06:32 am) Mitch King:CMI moving up
(06:32 am) Mitch :watching SNDK
(06:33 am) Mitch King:watching ECL
(06:33 am) Mitch King:watching KORS for
bottom
(06:33 am) JoeyTSA :MOS to test $42
(06:33 am) Mitch :watching IPGP
(06:33 am) Mitch King:monitoring EMN
(06:34 am) Ed :TSLA reducing 3/4 long
(06:34 am) Mitch :watching YNDX
(06:34 am) Mitch King:consider covering DDD
if short
(06:34 am) JoeyTSA :eye on DDD for bottom on
this pullback
(06:34 am) Mitch King:consider reducing some
of ESRX if long
(06:34 am) Mitch :monitoring MGAM
(06:35 am) Mitch :watching SSYS
(06:35 am) JoeyTSA :scratch taht idea on
YRCW
(06:35 am) Ed :HLF having issues with 65
level so far
(06:35 am) Mitch King:watchign SBUX
(06:35 am) JoeyTSA :watching YRCW
(06:35 am) Mitch King:monitoring HIG for
possible short
(06:35 am) Ed :USU monitoring but woulod
loike more selling b4 considering long
(06:36 am) Mitch :monitoring OSK
(06:36 am) JoeyTSA :AMGN trying to breakout
over $110
(06:36 am) Mitch King:watchign AEGR
(06:36 am) Ed :and 64 level on HLF had lot of
consolidatio post market yesterday
(06:37 am) Mitch King:DDD trying to bottom
(06:37 am) Mitch King:watchign CYH for trades
both ways today
(06:37 am) Mitch :monitoring INT
(06:37 am) Mitch King:watching X
(06:37 am) Mitch King:watching HRS
(06:38 am) JoeyTSA :watching PCLN for bottom,
pulling back well
(06:38 am) Mitch King:watching MTW
(06:38 am) Mitch :watching CMI again
(06:39 am) Mitch King:watching IPI for
bottom, down from $19.30 to 13.76 this
morning
(06:39 am) JoeyTSA :eye on VRTX for a move
(06:40 am) Mitch King:consider reducing ESRX
again
(06:40 am) Mitch King:consider reducing YNDX
(06:41 am) Mitch King:monitoring MGAM for
trades, issed top earlier
(06:42 am) Mitch :monitoring AMBA
(06:42 am) Mitch King:sell YNDX if long
(06:42 am) Mitch King:watching XYL
(06:43 am) Mitch King:name of company is
Xylem
(06:43 am) Mitch King:correction, i meant
XYL
(06:43 am) Mitch :EXPE toppy
(06:43 am) Mitch King:good trades on CYL
(06:43 am) JoeyTSA :eye on NFLX,see if $244
holds
(06:44 am) Mitch King:consider covering most
of AEGR soon
(06:44 am) JoeyTSA :tighten AEGR if short
(06:44 am) Mitch King:monitoring FB
(06:45 am) Mitch :watching CVLT
(06:45 am) Mitch King:consider covering most
of IPGP if short, soon
(06:46 am) Mitch :wathcing CYH for bottom
(06:46 am) Mitch King:watching RMD for top
(06:46 am) Mitch King:looking for 2nd short
on GNRC, didnt see the first one
(06:47 am) Mitch King:watchign GME for top
(06:47 am) Mitch King:watching PBI for top
(06:48 am) JoeyTSA :tighten AAPL if you took
it long
(06:48 am) Mitch King:watching IPGP for
bottom to buy as well
(06:48 am) Mitch King:starting to watch AEGR
for bottom to buy, taking time
(06:51 am) Mitch King:IPGP bouncing
(06:51 am) Mitch :watching AGU
(06:52 am) JoeyTSA :eye on CELG, break over
$145 for run to $150..maybe not today though
(06:52 am) Mitch King:AEGR trying to bottom
(06:54 am) JoeyTSA :AAPL might be setting up
for next run
(06:55 am) Mitch King:DDD bounce mostly over,
consider selling
(06:55 am) JoeyTSA :tighten VRTX if you took
that triangle break long, testing $83, push
through can get it another 50c
(06:55 am) Mitch King:consider reducing IPGP
as this moves up
(06:55 am) Mitch King:expect the PBI short to
be slower moving
(06:55 am) Mitch :watching IPI
(06:56 am) Mitch King:from 89 to 67.53 on
potash news
(06:56 am) Mitch King:watching CMP for
bottom
(06:56 am) Mitch :BYD still moving up
(06:57 am) Mitch King:same sector as AGU but
not expecting as good of bounce
(06:57 am) Mitch King:IPI bouncing
(06:57 am) Mitch King:you should be out of
AEGR short
(06:58 am) Mitch :watching TRW for top
(07:00 am) Ed :US) JULY CONSUMER CONFIDENCE
INDEX: 80.3 V 81.3E
(07:00 am) Mitch :watching HLF for bottom
(07:00 am) Mitch King:watching CL 09 for
bottom soon to buy
(07:03 am) Mitch :consider reducing DDD
short
(07:03 am) Mitch King:AGU toppy, worth short
(07:03 am) Mitch King:consider covering PBI
best price
(07:05 am) Qwert :monitoring RRD
(07:06 am) Mitch King:watching RRD for top
(07:06 am) JoeyTSA :VRTX testing $84 if you
are still in it
(07:07 am) JoeyTSA :eye on ROK at $94
(07:07 am) Mitch King:watching HLF
(07:07 am) Mitch King:monitoring SAVE
(07:09 am) Mitch :watching DE
(07:10 am) JoeyTSA :all out VRTX for now
(07:11 am) Mitch :watching USU
(07:12 am) Mitch King:its a skydiver trade,
DE, quick and small
(07:12 am) Mitch King:DE toppy
(07:13 am) Mitch King:little more upside on
HLF bounce, be ready to sell though
(07:13 am) Mitch King:watching UNH for
bottom
(07:14 am) Mitch King:health/insurance stocks
dropping, going to givbe good bounce: HUM,
AET, CI, WLP, already posted UNH
(07:17 am) Mitch :watching BYD for bottom
(07:18 am) Ed :having issue with charts in
room have to reboot
(07:18 am) Mitch King:watching RRD for 2nd
helping short
(07:19 am) Mitch :monitoring ESRX
(07:19 am) Mitch King:im liking these health
care stock charts
(07:20 am) Mitch King:ideal is to get last
candle drop the most on highest volume on
that 1 min candle, then see signs of it
trying to bounce, thats usually your cue to
start buying, not heavy at first
(07:20 am) Mitch King:ok, the routine on this
type of trade like UNH or HUM [healthcare],
is you want ot see it stop going down and
turn up a little bit before buying a little
at a time
(07:21 am) Mitch :watching CMI again
(07:21 am) Mitch King:better copy and paste
that last two posts i made as reminder
(07:22 am) Mitch King:watching 6C 09 for
bottom, Canadian dollar currency futures
(07:23 am) Mitch King:USD dollar up, Canadian
dollar down, good pair to trade $USDCAD,
late, way late though to buy
(07:24 am) Mitch :look for a slow bounce on
CMP, using a 2 minute chart on lighting got a
green buy signal
(07:26 am) Mitch King:health care stocks
bouncing, looking good
(07:26 am) Mitch :watching GT for bottom
(07:27 am) Ed :VVUS
(07:30 am) Mitch :watching BWLD
(07:31 am) Mitch King:ok, not bragging but
this kind of chart with huge drop like CMP,
monitor in Lightning chart on 2 min is really
good
(07:31 am) Ed’s assistant :Monitoring FSLR
(07:31 am) Mitch King:CMP bounce is real
weak, you also need to zoom in on a chart
like that when dropped form 89 to 64
(07:32 am) Mitch :watching OXY
(07:37 am) Mitch :monitoring MTW
(07:37 am) Mitch King:looking for bottom in
CL 09
(07:55 am) Mitch :watching OXY closer
(08:02 am) Ed :TSLA Hearing Citron research
tweeting references to cautious press
articles highlighting the impending
competition from BMW (related BMW.DE BAMXY –
(08:02 am) Ed :TSLA
(08:07 am) Mitch :watching USU again
(08:09 am) Ed :reducing 3/4 TSLA long
(08:11 am) Mitch :watching BIDU
(08:12 am) Murano :watching VZ
(08:31 am) Mitch :monitoring CMI
(08:42 am) Ed :solars getting a bid
(08:45 am) JoeyTSA :USU nice move
(08:53 am) Mitch :watching ETR
(08:54 am) JoeyTSA :eye on CYH
(09:20 am) Mitch King:watching ES 09-13 for
bottom to buy soon
(09:22 am) Mitch King:or no more than 3
fleas
(09:22 am) Mitch King:only loking for 5-6
ticks
(09:23 am) Mitch King:1684.50 would be target
on ES bounce
(09:24 am) Ed :TSLA new lod
(09:36 am) Qwert :monitoring CRS
(09:54 am) Murano :watching WAG
(10:03 am) JoeyTSA :RH
(10:04 am) JoeyTSA :more of a vol spike, than
price
(10:07 am) JoeyTSA :HLF vib vol candle,
trying to bottom?
(10:08 am) JoeyTSA :BID spike
(10:18 am) JoeyTSA :Tigthen both BID and HLF
if short
(10:19 am) Ed :SPY new lod
(10:20 am) Mitch King:watching for long entry
on ES 09
(10:30 am) Mitch King:watching QQQ, TNA for
long entry
(10:38 am) Mitch King:ES bouncing
(10:59 am) Ed :Obam speaking on taxes
(11:03 am) Murano :watching FMC as it
approaches 65
(11:07 am) Murano :watching ALXN
(11:07 am) Ed :ALXN
(11:13 am) Murano :FMC approaching R3
(11:14 am) JoeyTSA :eye on BMRN also
(11:16 am) Ed :if u took ALXN long would
reduce
(11:17 am) Ed :thats for ALXN
(11:17 am) Ed :Moves up following press
report hired Goldman Sachs as advisor after
Roche made a bid – Reminder we have seen
various press reports in the past that Roche
was an interested party.
(11:24 am) Mitch King:we have been getting
buying in the last few hours of most days,
been a strong pattern
(11:43 am) Murano :watching FAST
(12:10 pm) Murano :watching TVL
(12:21 pm) Murano :watching FAST again for
possible short
(12:23 pm) JoeyTSA :eye on HLF as it nears
$60
(12:38 pm) Ed :FDML getting bid
(12:54 pm) Ed :have great eveing traders
(12:56 pm) Mitch King:good job guys and
girls, see you tomorrow
(01:00 pm) Mitch King:hey victor, TNA is
three timex leverage, more profits and good
to use on high odds move up
| (05:55 am) JoeyTSA :Good morning
Mitch,Qwert,everyone
(05:56 am) JoeyTSA :S&P/CS composite #
out in a few minutes, CB Consumer confidence
@ 7pdt
(05:57 am) JoeyTSA :lots of gaps today..
(05:58 am) JoeyTSA :gap up:
AEGR,HLF,CVLT,GNRC,VNDA,AGNC
(05:58 am) JoeyTSA :gap down:
AGU,MOS,POT,DDD,SAVE,COH
(06:01 am) JoeyTSA :AGU was moving up nicely
yesterday, got whacked on some kind of
news/earnings
(06:03 am) JoeyTSA :eye on /ES 1688
res/breakout level
(06:03 am) Qwert :Good morning to everyone,
thx for the gaps joey
(06:04 am) JoeyTSA :uesing 103.45, 104 area
as watch levels for /CL
(06:11 am) JoeyTSA :thx Ed
(06:11 am) JoeyTSA :and Mitch
(06:11 am) Murano :good morning
(06:14 am) JoeyTSA :Good morning
Ed,Diosna,Murano,everyone
(06:16 am) Murano :Does anyone understand the
HMA deal? They close at close to $15.oo
yesterday and they agree to a buyout at
$13.78. This stock was over $17.00 earlier
this month.
(06:17 am) JoeyTSA :no clue, unless major
issues going on??
(06:17 am) Murano :I don’t own HMA but if I
did I would be an unhappy camper.
(06:18 am) JoeyTSA :same here
(06:18 am) JoeyTSA :one reason i dont swing
🙂
(06:19 am) Ed :maybe they offered 13.78 and
some cash, for shareholders
(06:21 am) victor51 :gm all
(06:22 am) Ed :was reading deal, yea they get
% of new co. CHS. so yea not 100% deal for
shareholders
(06:23 am) JoeyTSA :thx Ed
(06:24 am) Ed :CHS will acquire all of the
issued and outstanding common stock of HMA
for a combination of cash and CHS stock
currently valued at $13.78 per HMA share,
based on CHS closing stock price as of July
29, 2013, and consisting of $10.50 per share
in cash plus 0.06942 of a share of CHS common
stock for each HMA share. HMA shareholders
will own approximately 16 percent of the
shares of the combined company following the
close of the transaction. In addition to the
cash and stock consideration, HMA
shareholders would also receive one
Contingent Value Right (CVR) for each HMA
share they own, which could yield additional
cash consideration of up to $1.00 per share-
(06:27 am) Murano :The $1.00 is contingent on
resolution of legal issues.
(06:27 am) JoeyTSA :AAPL @ $450 which was
yesterdays target
(06:29 am) JoeyTSA :kind of interesting how
stocks move on earnings, whether
good/bad/mixed
(06:32 am) elisha :gm all
(06:32 am) JoeyTSA :hey elisha
(06:32 am) elisha :hey there joey!
(06:37 am) JoeyTSA :AEGR just beautiful
(06:38 am) JoeyTSA :all big names having
issues at hod
(06:39 am) JoeyTSA :VRTX setting up a
triangle on the 1min at $82
(06:40 am) JoeyTSA :Japan’s Industrial output
falls 4.8% estimate -2.6%. Euro area economic
confidence rises to 92.5 matching the
estimate.
(06:50 am) JoeyTSA :DDD made a nice stand at
$46, missed it though
(06:56 am) JoeyTSA :some great moves so far
(06:57 am) JoeyTSA :thx Mitch for CMP news,
ugly move
(06:58 am) JoeyTSA :re: AAPL, wont play long
until over $453 for potential target of
$455+
(07:00 am) JoeyTSA :thx Ed
(07:08 am) JoeyTSA :VRTX just nice so far
(07:14 am) JoeyTSA :exited VRTX a bit early
(07:17 am) Qwert :AAPL new hod
(07:24 am) JoeyTSA :missed break over $75 on
GMCR
(07:30 am) running :Mitch… give a target
on bounce for CMP
(07:32 am) JoeyTSA :AGU has been a good one
(07:32 am) running :Mitch Thnx
(07:37 am) JoeyTSA :break time, see you in
45
(07:37 am) JoeyTSA :re: GMCR, earnings on
8/7, has potential to run to $80 before then
(07:54 am) Qwert :AAPL over 454
(08:06 am) Qwert :/CL approaching 103
(08:10 am) pirate :watching TSLA
(08:19 am) Qwert :OXY really nice mitch thx
🙂
(08:20 am) Murano :wanted VZ to get closer to
50.60 to take long
(08:24 am) JoeyTSA :that was one heck of a
pullback on /CL
(08:30 am) regatta :watching NTE, low price
(08:30 am) JoeyTSA :i see BIDU moved without
me
(08:34 am) JoeyTSA :AAPL hod
(08:39 am) JoeyTSA :AAPL look like it might
want $460 sometime this week
(09:00 am) Murano :good call on CYH Joey
thanks
(09:03 am) JoeyTSA :i was a bit too late on
the short, didnt get the long either because
i was looking for a bit more on the drop
(09:03 am) JoeyTSA :VRTX repeat trades today
(09:05 am) Murano :I took the short on CYH
(09:05 am) JoeyTSA :nice job
(09:22 am) Murano :FB almost back to IPO
price
(09:22 am) Qwert :ahhaa
(09:23 am) Murano :lunch time back in 20
(10:07 am) JoeyTSA :vib = big
(10:09 am) Murano :sold 3/4 WAG
(10:11 am) Murano :stop at 50.20 last 1/4
WAG
(10:13 am) Qwert :nice on BID joey
(10:19 am) Murano :stopped last 1/4 WAG
(10:19 am) JoeyTSA :took a small loss trying
to long HLF, then reversed it short, i didnt
take BID
(10:20 am) Ed :nice way to get in step with
market flow joey
(10:21 am) JoeyTSA :probably dumb to try that
long on HLF, just took a chance when i saw
that high vol red candle and hammer on next
one
(10:21 am) JoeyTSA :normally a decent setup,
but stock trend was down
(10:23 am) JoeyTSA :watching BID form
triangle on 1min
(10:27 am) regatta :SPY taking a dip
(10:27 am) JoeyTSA :yeah 1680 being tested
(10:28 am) pirate :watching TSLA
(10:33 am) JoeyTSA :break time, see you in
30
(10:39 am) Qwert :Mitch which setting do you
trade /ES
(11:02 am) JoeyTSA :watching 1677 for
potential breakdown area on /ES
(11:03 am) JoeyTSA :or support
(11:07 am) JoeyTSA :great catch
(11:08 am) JoeyTSA :had ALXN on watch
earlier, and forgot it
(11:09 am) JoeyTSA :obviously had some news
(11:11 am) JoeyTSA :/ES range really tight
(11:19 am) regatta :BRMN
(11:20 am) regatta :sry BMRN
(11:20 am) regatta :just watching
(11:20 am) regatta :already on screen here,
i need to look before i type
(11:21 am) Ed :no problem regatta sometimes
may not be so does not hurt
(11:21 am) Ed :or may be missed
(11:22 am) JoeyTSA :sometimes those 2nd
reminders are better setups also
(11:26 am) JoeyTSA :biggest name earnings
tomorrow are MA,SODA,WFM,SPWR,YELP,HUM
(11:47 am) regatta :watching SQM
(11:52 am) Murano :covered all FMC
(12:03 pm) Murano :covered FAST short not
working
(12:15 pm) Murano :sold 3/4 TVL
(12:25 pm) Murano :sold last 1/4 TVL
(12:30 pm) Murano :covered all FAST
(12:36 pm) JoeyTSA :Im only trading the first
90 minutes tomorrow, then will be out until
tuesday
(12:36 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano, everyone
(12:37 pm) JoeyTSA :have a great day, see you
tomorrow
(12:37 pm) Ed :c ya joey, I will be coming in
when u leave
(12:39 pm) Murano :see you Joey
(12:43 pm) Murano :done for the day, see you
tomorrow
(12:43 pm) Ed :c ya murano
(12:45 pm) herman :out fdml thanx ed
(12:45 pm) Ed :nice trading herman
(12:49 pm) victor51 :Mitch, nice call on
QQQ
|