| (06:18 am) Mitch :Premarket UP: SNTS, EOG,
AOL, FNSR, PXLW, TWX, CSC, VSAT, CSTE
Premarket DOWN: CLH, FSLR, OKS, YRCW, Z, RL,
GPOR, CLMT, NUAN, SUNE, DIS, FOSL, ANIK,
CHRW
(06:25 am) JoeyTSA :eye on /CL here near
$105
(06:30 am) Mitch :watching FOXA
(06:30 am) Mitch :watching YRCW
(06:30 am) JoeyTSA :eye on FSLR
(06:30 am) Mitch :watching Z
(06:30 am) Mitch :watching GPOR
(06:31 am) Mitch King:watching FSLR
(06:31 am) Mitch :watching LULU
(06:31 am) Mitch King:watching ARIA
(06:31 am) Mitch :monitoring MPEL
(06:31 am) Qwert :watching AOL
(06:31 am) Mitch :watching FOX
(06:31 am) Mitch :watching ANIK
(06:32 am) JoeyTSA :watching SSNC too
(06:32 am) Mitch King:monitoring VVUS
(06:32 am) Mitch King:watching IBM
(06:32 am) JoeyTSA :eye on RKUS
(06:32 am) Mitch King:watching DIS
(06:32 am) Mitch King:watching SSYS
(06:32 am) Mitch :watching SCTY
(06:32 am) Mitch King:monitoring DUST
(06:33 am) Mitch :watching RL
(06:33 am) Mitch King:watching TWX for
bottom
(06:33 am) Mitch :watching NUS
(06:33 am) Mitch King:monitoring DVN
(06:34 am) Mitch King:monitoring GA
(06:34 am) Mitch :watching M
(06:34 am) Mitch King:monitoring BUD, low
priority
(06:34 am) Mitch King:watching SBGI
(06:34 am) Mitch King:monitoring CHRW for
trades
(06:35 am) JoeyTSA :eye on /ES for bottom
(06:35 am) Mitch :watching ONXX
(06:35 am) Mitch King:when i use the word
“monitoring” it is a low priority trade idea
at that moment
(06:36 am) Mitch :watching FOXA for bottom
(06:36 am) Mitch :watching NXST for top
(06:37 am) Mitch :watching AOL for bottom
(06:37 am) Ed’s assistant :Monitoring TSLA
(06:37 am) Mitch :monitoring ETFC for bottom
(06:38 am) Mitch King:monitoring URBN
(06:38 am) Mitch :CVS toppy
(06:39 am) Mitch King:watching TSLA closely
(06:39 am) Mitch King:SNTS moving higher
(06:39 am) Mitch :watching TSLA
(06:39 am) Mitch King:watching EBIX
(06:41 am) JoeyTSA :thats FSLR
(06:41 am) JoeyTSA :tighten FLSR if long
(06:41 am) Mitch :watching VLO
(06:42 am) Mitch :watching SPEX
(06:44 am) Mitch King:watchign SPEX closely
(06:44 am) Mitch :watching HFC
(06:45 am) JoeyTSA :tighten /ES if long
(06:48 am) Murano :watching FCX
(06:49 am) Mitch :FCX breakout rumor
(06:50 am) Mitch :watching M
(06:50 am) JoeyTSA :watching SPWR for bottom
(06:53 am) JoeyTSA :eye on /CL for potential
next leg up
(06:54 am) Mitch :watching EOG
(06:56 am) Mitch :monitoring SCTY
(06:58 am) Ed :SPY testing lod
(06:59 am) JoeyTSA :stopped on SPWR, took a
chance
(07:00 am) Mitch :watching UVXY
(07:02 am) Ed :making note
(07:02 am) Ed :TESO strong agianst market so
far
(07:05 am) Mitch :watching FB
(07:06 am) JoeyTSA :eye on AMGN
(07:11 am) Ed :KORS just monitoring right
now
(07:11 am) JoeyTSA :/ES just riding 1682, S2
area
(07:12 am) Ed :no hurry but would like
parabolic selling like we got on TSLA
(07:13 am) Mitch :watching CELG
(07:13 am) Ed :those have higher probability
of bouncing when u have extreme parabolic
selling despite market bias but one has to be
quick and nimble
(07:16 am) JoeyTSA :PRLB still trying to
bottom
(07:16 am) JoeyTSA :crude inv in 13min
(07:16 am) JoeyTSA :re: FCX rumor, supposedly
Icahn to reveal large stake in company, just
keep it in mind
(07:17 am) Ed :keep SR on list going forward.
Set alert 16.50. looking for break 17.11 with
vol.
(07:18 am) Ed :not looking for it to happen
today but its forming triangle on daily
(07:19 am) Ed :Chart says up, but always have
to be ready for what markets give up/down
(07:19 am) Ed :17.10 upside break with vol.
or break of 12.87 downsid break of triangle
(07:23 am) Mitch :watching IOC, low volume
(07:24 am) Mitch :watching DWRE
(07:26 am) Qwert :monitoring GPOR
(07:26 am) Mitch :monitoriong DVN
(07:27 am) Mitch :monitoring DANG
(07:28 am) JoeyTSA :crude inv any moment
(07:30 am) Ed :*(US) DOE CRUDE: -1.32M V
-1.5ME; GASOLINE: ## V -0.5ME; DISTILLATE: ##
V -0.5ME
(07:33 am) Ed :Market Internals update at
10:30ET – NYSE volume 137M shares, about 9%
below its three-month average; decliners lead
advancers by 4.1:1. – NASDAQ volume 425M
shares, about 8% above its three-month
average; decliners lead advancers by 2.8:1.
– VIX index +9.4% at just under 14.00 >
(07:40 am) Mitch :watching OCR
(07:41 am) Qwert :watching FSLR at 40.50
area
(07:51 am) Qwert :monitoring INVN
(08:01 am) Qwert :monitoring LNKD
(08:08 am) Ed :getting some volatility
(08:08 am) Ed :keep eye on DVN
(08:10 am) Ed :DVN CEO: Production for FY13
expected at high end of forecast – conf call
comments-
(08:12 am) Mitch :watching AME
(08:40 am) JoeyTSA :eye on Z, nothing
pressing just yet
(08:53 am) Murano :watching D
(08:57 am) Ed :thx regatta ETP
(09:00 am) JoeyTSA :tighten Z if long, i
didnt take it
(09:03 am) Ed :Market Internals update at
12:00ET – NYSE volume 233M shares, about 8%
below its three-month average; decliners lead
advancers by 2.7:1. – NASDAQ volume 752M
shares, about 4% above its three-month
average; decliners lead advancers by 2.3:1.
– VIX index +7% at just over 13.00
(09:04 am) Ed :UK) BoE’s Carney: The market
reaction to today’s inflation report and
forward guidance was marginal at best
(09:04 am) Mitch King:watching REXX
(09:05 am) Ed :Europe was interest to see
comments he would make(Carney that is)
(09:32 am) Murano :watching AMGN
(09:43 am) Mitch King:AMCX spiked
(09:45 am) JoeyTSA :AGU on nice run also
(10:01 am) Ed :MCO just monitoring
(10:05 am) Ed :thought would get more selling
in MCO based on news of competitor
(10:38 am) Mitch King:but getting close
(10:38 am) Mitch King:watching CL for bounce,
not yet,
(10:47 am) Mitch King:just got buy signal on
1 min
(10:47 am) Mitch King:looking for CL 09
bounce over next hour
(10:52 am) Mitch King:when you make a new low
like CL 09 just did, it could be a good place
to set your stop, i like to give CL a little
breathing room to move before stopping so
close to the entry but you can develope your
own trading style or technique and use
Lightning as a guide which side to be on long
or short
(11:01 am) Mitch King:anyone long CL 09?
(11:02 am) Mitch King:nice electrader
(11:02 am) Mitch King:i suspect CL has a ways
to go up over next 30-45 minutes
(11:02 am) Murano :watching CSTE
(11:05 am) Mitch King:nice profit though, 19
ticks is always good
(11:05 am) Mitch King:too early to sell in my
read on CL electr. what chart are you using
for this trade?
(11:06 am) Mitch King:it is always good idea
to scale out of positions though
(11:07 am) Mitch King:ok you are using 8sma
on a 1 min chart> for CL
(11:07 am) Mitch King:not going over trading
strategy or techniques today, more of an
intro
(11:07 am) Mitch King:ok this webinar today
at 130pm pacific time is a preview for those
who have never seen it. at 300pm today I am
going to go over settings, sounds
(11:16 am) Ed :SODA
(11:40 am) JoeyTSA :eye on YELP
(11:43 am) JoeyTSA :watching JAZZ @ $81
(11:58 am) Murano :watching CSC
(12:00 pm) Ed :*(US) JUN CONSUMER CREDIT:
$13.8B V +$15.0BE
(12:04 pm) Ed :POT CEO: – There have been
conflicts among Russian potash suppliers in
the past – There have been conflicts among
Russian potash suppliers in the past
(12:53 pm) Mitch King:see you guys about
300pm to go over changes for Version 3
Lightning? i think you have been sent an
email with the webinar link
(12:54 pm) Mitch King:that is 300pm pacific
time. I am giving a 130pm in 30 minutes
overview for people who have not seen
Lightning before, welcome to come if you want
but is a little basic if you already have
Lightning
(12:55 pm) Mitch
King:http://tradestocksamerica.omnovia.com/we
binar
(12:56 pm) Mitch King:log in using yoru email
address, use your screen name as first name
if you are from room, easier for me to
identify
(12:59 pm) Ed :have great evening traders
| (06:01 am) JoeyTSA :Good morning
Mitch,Murano,Qwert,traders
(06:01 am) JoeyTSA :crude inv @ 7:30pdt,
consumer credit report @ noon pdt
(06:02 am) JoeyTSA :gap down:
FSLR,GPOR,Z,RL,CLMT,OKS
(06:02 am) Murano :good morning
(06:02 am) JoeyTSA :gap up:
FNSR,EOG,SNTS,DVN
(06:13 am) Qwert :Good morning everyone thx
for the gaps joey
(06:13 am) JoeyTSA :gm Ed and Diosna, all
else who just logged in too
(06:15 am) skydiver :gm all
(06:17 am) JoeyTSA :FB pretty active so far,
not big move but almost 1M shares traded so
far
(06:17 am) Qwert :YRCW also a nice gap down
(06:17 am) JoeyTSA :decent /CL bounce off
dbl/tri bot
(06:18 am) JoeyTSA :good one qwert, had nice
bounce too
(06:18 am) JoeyTSA :thx Mitch
(06:21 am) Ed :good morning
(06:29 am) JoeyTSA :/GC trading at pp
(06:30 am) doji :FSLR
(06:33 am) doji :FB
(06:34 am) skydiver :watching CF
(06:37 am) doji :TSLA at 140
(06:37 am) JoeyTSA :very nice on TSLA
(06:37 am) skydiver ::)
(06:39 am) skydiver :nice bounce on CLH
(06:40 am) skydiver :long TSLA 135.62 – may
be early
(06:41 am) skydiver :out 1/2 TSLA long
(06:42 am) doji :Wondering how may traders
and investors would be uloading TSLA after
that monster run before ER today
(06:43 am) skydiver :all out of TSLA long
(06:43 am) JoeyTSA :makes sense doji, hope
all is well on your end
(06:44 am) JoeyTSA :eye on GOOG dbl bot area
(06:46 am) JoeyTSA :most big names making
slightly higher lows so far
(06:47 am) JoeyTSA :eye on /ES as it nears
1690 again
(06:47 am) JoeyTSA :/CL on nice run still
(06:49 am) skydiver :FCX – – rumor
(06:50 am) skydiver :thanks Mitch 🙂
(06:51 am) JoeyTSA :Z gave great bounce off
gap down
(06:52 am) Ed :SPEX had really nice move
(06:53 am) JoeyTSA :yeah it did, too bad i
missed it
(06:54 am) JoeyTSA :reminder: potential leg
up as posted above, can also mean potential
leg down on a failed up move
(06:54 am) skydiver :thnx for reminder joey
(06:55 am) JoeyTSA :stops and flexibility
always needed 🙂
(06:55 am) skydiver :missed sPEX – was too
focused on TSLA and a couple of other stocks
(06:58 am) JoeyTSA :/ES nice short when it
couldnt reach 1690
(07:00 am) JoeyTSA :/ES now testing S2
(07:02 am) doji :My UVXY swing position
looking great
(07:02 am) JoeyTSA :SPWR great example of why
stops are needed 🙂
(07:02 am) skydiver :thnx Ed —
(07:02 am) JoeyTSA :good catch Ed, thx
(07:03 am) doji :I hope to cover UVY at
$24,000… lol
(07:03 am) doji :UVXY
(07:03 am) JoeyTSA :hahaha
(07:04 am) Murano :covered 3/4 FCX
(07:04 am) skydiver :nice murano
(07:05 am) doji :FB being dumped…
(07:05 am) skydiver :CF bounced up to vwap
(07:05 am) JoeyTSA :yeah doji, they have had
a nice run recently though
(07:07 am) JoeyTSA :use caution trying to
catch some of these falling knives
(07:07 am) Murano :stop last 1/4 FCX 29.51
(07:10 am) skydiver :thanks joey — need
steel covered catcher’s mit to catch those
falling knives 🙂
(07:10 am) JoeyTSA :yeah, lots of charts look
the same so far..
(07:11 am) skydiver :yeah
(07:11 am) JoeyTSA :i made that mistake on
SPWR, thankfully had fairly tight stop which
kept loss small
(07:11 am) skydiver :good to have those
stops 🙂
(07:12 am) JoeyTSA :missed 2 nice moves on
CELG,AMZN lod
(07:13 am) skydiver :CF still at vwap
(07:14 am) skydiver :monitoring CRM
(07:17 am) skydiver :TSLA – reports after
closing bell today
(07:21 am) JoeyTSA :thx Ed on SR
(07:21 am) skydiver :lower on TSLA
(07:21 am) doji :Watching TSLA
(07:21 am) JoeyTSA :looks like TSLA earnings
run selloff
(07:21 am) Ed :no problem
(07:22 am) skydiver :yeah and it doesn’t
report till after closing bell . .
interesting
(07:23 am) JoeyTSA :look at that run though,
$100 since april?
(07:24 am) skydiver :quite the run
(07:24 am) JoeyTSA :heck yeah haha
(07:25 am) skydiver :finally CF pops 🙂
(07:26 am) doji :Better to take profits ere
in TSLA after that monster run, right?
(07:27 am) JoeyTSA :cant blame anyone taking
profits on that one
(07:27 am) skydiver :agreed doji and joey
(07:27 am) skydiver :all out of CF long
(07:28 am) Murano :covered last 1/4 FCX
(07:28 am) JoeyTSA :giving great pullback for
those who believe in longterm up move though
(07:32 am) JoeyTSA :early break, see you in
20
(07:33 am) skydiver :take care joey
(07:34 am) Qwert :thx Ed
(07:35 am) skydiver :KORS at vwap
(07:39 am) skydiver :okay — goig to call it
a day — don’t want to do something to lose
good profits .. see you all later and thanks
again for fantastic calls and teaching 🙂
(07:39 am) Murano :see you sky
(07:40 am) skydiver ::)
(07:40 am) Ed :c ya sky
(07:45 am) regatta :watching LITB
(08:02 am) doji :Watching LNKD… touch gap
after ER
(08:36 am) JoeyTSA :got really slow
(08:37 am) Ed :very
(08:52 am) Qwert :YRCW back to open
(08:52 am) regatta :watching ETE
(08:55 am) regatta :watching ETP
(09:01 am) JoeyTSA :Z was a valid setup, i
had stepped away and missed entry
(09:02 am) JoeyTSA :i believe ETP has
earnings tonight
(09:05 am) JoeyTSA :thx Ed
(09:05 am) JoeyTSA :FB getting some volume
(09:10 am) JoeyTSA :FSLR trying to hold $40
area
(09:11 am) Murano :good call on ETP regatta
thanks
(09:11 am) Qwert :YRCW tring for 25
(09:16 am) Murano :I didn’t trade D to
busy with ETE and ETP
(09:23 am) JoeyTSA :qwert, good call on YRCW
to $25
(09:25 am) Qwert :thx still got a small piece
left 🙂
(09:25 am) JoeyTSA :very good, what was your
entry area?
(09:26 am) Qwert :im long from 22.27
(09:26 am) JoeyTSA :$$$
(09:27 am) JoeyTSA :especially on your 20k
share size 🙂
(09:27 am) Qwert :luckily i still had my stop
below 22 when it flashed down there for 1 big
trade at 7:31pst
(09:28 am) Qwert :oh yeah i wish im so
impatient been peeling it off all the way up
(09:29 am) JoeyTSA :every trader is
different, had i entered where you did i most
likely would have been all out at $23, then
maybe reentered?
(09:30 am) Qwert :i got out 3/4 at 23
(09:31 am) Qwert :then put it on a 5 min
chart and still could not keep myself from
selling pieces hahaha
(09:33 am) JoeyTSA :at least you have
semi-patience 🙂
(09:33 am) Qwert :yeah i guess
(09:34 am) JoeyTSA :i would have seen that
3:1 r/r and been happy
(09:34 am) JoeyTSA :possibly would have done
same thing between 23-24
(09:35 am) Qwert :im just trusting the
lightning more and more and its paying
(09:35 am) JoeyTSA :but since i didnt, i
guess i will take Ed’s advice from
yesterday…just drink beer 🙂
(09:37 am) JoeyTSA :great on AMGN
(09:38 am) JoeyTSA :/ES making a bit of a
move also
(09:38 am) Qwert :you guys seen the options
premiums on TSLA wow they are expensive
(09:39 am) JoeyTSA :because of earnings
(09:39 am) Qwert :yeah tonight right?
(09:39 am) JoeyTSA :still much cheaper than
buying stock outright
(09:39 am) Qwert :i will just wait till
tomorrow and trade the reaction
(09:39 am) JoeyTSA :same here, plus the
deltas are a bit lame
(09:40 am) Mitch :Onyx deal with Amgen could
come within a week, Reuters reports
(09:40 am) JoeyTSA :thx Mitch, called it
earlier and never took it, was gone for that
tri bot also
(09:43 am) Qwert :nice breakout on CRL 15
mins ago missed it and had an alert set
(09:45 am) Murano :ONXX may be close to
bottom
(10:18 am) doji :Back
(10:19 am) doji :Dang… missed all the
rebounds….
(10:19 am) doji :Send some YRCW shares
Qwert
(10:19 am) JoeyTSA :you arent the only one
doji
(10:20 am) doji :Yes, I am the only one who
missed ALL the rebounds
(10:20 am) Qwert :im all out doji 🙂
(10:21 am) doji :But still holding my swing
UVXY from yesterady. Hope I will close it
near $24,000…
(10:21 am) Qwert :hahaahah
(10:21 am) doji :hopeffuly by the time Ed
gets his plastic sirgury
(10:22 am) Ed :already scheduled
(10:22 am) doji :surgery
(10:22 am) Ed :plastic
(10:22 am) Qwert :hes smiling right now but
you cant tell to much Botox
(10:23 am) Ed ::)
(10:23 am) JoeyTSA :haha
(10:24 am) Qwert :Nuan was on gap list this
am cant figure out why i am just now looking
at the chart, hahahah
(10:24 am) JoeyTSA :lunch time, keep eye on
/GC, its at pp
(10:25 am) Qwert :thx joey enjoy
(10:26 am) doji :Watching EXPE… I had on
eye on this to get back above 50.91…. but
not chasing it here
(10:27 am) doji :on = an
(10:27 am) doji :I ave a feeling that this
pullback is all that we’ll see for teh rest
of the year…
(10:27 am) doji :have
(11:02 am) electrader :L CL 09 @104.29
(11:03 am) electrader :just sold 1 contract
@ 104.48
(11:06 am) electrader :Currently using one
of Adriano’s chart settings until the webinar
for new Lightning
(11:06 am) electrader :following 8sma with
my stop on last contract
(11:07 am) electrader :8, 20, 50, and 200
(11:08 am) electrader :yes on 1 min chart
(11:09 am) Murano :be carefull with CSTE
wide spread
(11:10 am) electrader :stopped my last
contract @ 104.45
(11:11 am) Mitch King:nice trade electr
(11:13 am) electrader :Thanks Mitch
(11:13 am) Ed :nice going electrader
(11:16 am) JoeyTSA :AMGN still climbing
(11:17 am) Ed :think news came out they are
witing week of ONXX deal
(11:17 am) JoeyTSA :yep
(11:18 am) JoeyTSA :big move though
(11:51 am) Murano :covered all CSTE
(12:00 pm) JoeyTSA :thx Ed
(12:09 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano,Qwert,everyone
(12:10 pm) JoeyTSA :have to run out, see you
all later and/or in the morning
(12:10 pm) Ed :c ya joey
(12:10 pm) Murano :see you Joey
(12:10 pm) JoeyTSA :keep eye on TSLA 🙂
(12:12 pm) Qwert :bye joey
(12:25 pm) Murano :covered 3/4 CSC
(12:29 pm) Murano :stopped last 1/4 CSC
(12:53 pm) Murano :done for the day, see you
in the webnair
(12:54 pm) Qwert :I dont see an email with
the link Mitch
(12:55 pm) Mitch King:just a sec qwert, le
tme post above
(01:02 pm) skydiver :just sold long on TSLA
– crazy — anyway see ya at the seminar
|
Web Special
