(05:20 am) JoeyTSA :Good morning, early eye
on BBY and LITB (06:15 am) Qwert :Ed just
texted and said hes having issues logging
in (06:23 am) JoeyTSA :will be keeping eye
on NFLX today also (06:25 am) Ed :Keep eye
on GMCR had son strength yesterday (06:28
am) Ed :(CN) Chinese banks are using
increasingly complex workarounds to avoid
lending limits – financial press (update) –
Banks are using sophisticated tactics to stay
one step ahead of regulators who have been
trying to tamp down lending by China’s banks.
The latest tactic is to disguise riskier
corporate loans as lower risk loans to banks.
Some estimates put the amount of such loans
as high as CNY2T ($325B), made mainly by
small and midsize banks that were the major
focus of a credit squeeze orchestrated by the
PBoC in June. (06:30 am) Mitch :Tuesday,
August 20, 2013 Premarket UP:
AAPL, NFLX, GMCR, GOLD, TSLA,
URBN, JCP, HD, BBY, NVS, Premarket
DOWN: Z, MLNX, LITB, BKS, TM,
DKS, (06:31 am) Mitch King:watching
F (06:31 am) Mitch King:watching
Z (06:31 am) JoeyTSA :eye on
JWN,AAPL,TSLA (06:32 am) Mitch
King:watching CL 10-13 for bottom (06:32
am) Mitch King:watching HD (06:32 am)
Mitch King:watching NTES (06:32 am) Mitch
King:watching ROST (06:33 am) Mitch
King:watching HD closer (06:33 am) Mitch
King:watching PIR (06:33 am) Mitch
King:TSLA strong (06:33 am) JoeyTSA :NFLX
trying (06:35 am) Mitch :MONITORING
BBY (06:35 am) JoeyTSA :eye on
NUGT (06:35 am) Mitch King:TJX trending up
all morning premarket (06:36 am) Mitch
King:monitoring ARCP (06:36 am) Mitch
:QIHU (06:36 am) Mitch King:HD getting
interesting (06:36 am) Mitch King:LOW
following HD drop (Lowes Home
Depot) (06:37 am) JoeyTSA :watching GOOG
also (06:37 am) Mitch King:watching
UA (06:37 am) JoeyTSA :eye on
AAPL (06:37 am) Mitch King:watching
NTI (06:38 am) Mitch King:got a lime green
buy signal on NTI (06:38 am) Mitch
King:wathcing NTI closer (06:39 am)
JoeyTSA :tighten NUGT if you jumped on the
long (06:40 am) Mitch King:watching
PNK (06:40 am) Mitch :watching
AGN (06:41 am) JoeyTSA :/ES fighting at
200ma res, push thru maybe back to 1647, if
not will look for 1643 and below (06:42
am) Mitch King:consider reducing CL
10 (06:43 am) Mitch King:monitoring
IACI (06:43 am) Mitch King:watching
HLSS (06:43 am) Ed :If u were able to take
GMCR long would reduce (06:43 am) Mitch
King:SHW trending up (06:44 am) Mitch
King:watching VIPS, too late to buy for
me (06:44 am) JoeyTSA :took small loss on
AAPL, wasnt patient, at least NFLX still
moving up (06:45 am) Mitch King:TSO
dropping, probably more downside (06:46
am) Mitch King:GMCR toppy (06:47 am)
JoeyTSA :eye on BIDU on this
pullback (06:48 am) Mitch King:that was
NTES (06:48 am) Mitch King:NTERS still
strong (06:48 am) JoeyTSA :tighten NFLX if
long, might still have room to run, but happy
here (06:49 am) JoeyTSA :eye on Z @
$80 (06:50 am) Ed’s assistant :Monitoring
HLF (06:51 am) Mitch King:watching
PAY (06:53 am) Mitch King:sorry (06:53
am) Mitch King:dks (06:53 am) Mitch
King:uptrend in CL 10 (06:53 am) Mitch
King:NTES toppy (06:54 am) Mitch
King:monitoring VIPS if 2nd bottom holds
40.60 area (06:54 am) JoeyTSA :eye on IOC
if push thru $65 (06:55 am) Ed :HLF
Sources say Perry Capital takes stake in
Herbalife – CNBC – Perry stake said to be
under 5%. – (06:55 am) Mitch
King:monitoring TASR (06:55 am) JoeyTSA
:NUGT with a breakout 🙂 (06:57 am) Mitch
King:worth (06:57 am) Mitch King:sorth 10
ticks short too (06:57 am) Mitch
King:consider selling CL 10 if long (06:58
am) Mitch King:HD pause, may turn
over (07:01 am) Mitch King:CL 10 having
possible double top (07:02 am) Mitch
King:consider selling QIHU if long,
soon (07:03 am) Ed :SPY new hod (07:04
am) JoeyTSA :/ES hitting 1647 target, next
push thru to 1650 maybe, but looks a bit
ob (07:06 am) Mitch King:consider selling
TSO if long (07:07 am) Ed :sorry thats not
Egypt but Libya (07:07 am) Mitch
King:watching CL 10 to resume
downtrend (07:07 am) Ed :getting some
fluid news of another outbreak in Egypt of
violence this time fight over oil
pipeline (07:07 am) Mitch King:QIHU
shortable here (07:10 am) Ed :starting to
monitor AAPL (07:12 am) JoeyTSA :all out
NUGT (07:14 am) JoeyTSA :eye on GMCR @
$81 (07:15 am) Qwert :monitoring
BKS (07:16 am) Mitch :nflx (07:16 am)
Ed :but as always be flexible (07:16 am)
Ed :would really like test of 499ish area on
AAPL (07:17 am) Mitch :sorry (07:18 am)
Mitch King:got HD on 2 min Lightning chart
now, would think bounce off 74.50 area like
earlier (07:21 am) Ed :placing stop last
1/4 AAPL 501.38 long (07:21 am) Ed
:reducing 3/4 AAPL long (07:22 am)
Mitch King:CL breakout (07:23 am) Ed :(LY)
Libya Oil Official: Armed guards at oil ports
are encountering resistance by
protesters (07:25 am) JoeyTSA :tighten
GMCR if long (07:28 am) Ed :TIVO ceo
speaking on CNBC (07:35 am) Ed :Market
Internals update at 10:30ET – NYSE volume
130M shares, about 14% below its three-month
average; advancers lead decliners by
1.9:1. – NASDAQ volume 290M shares,
about 25% below its three-month average;
advancers lead decliners by 2.1:1. –
VIX index -2.1% at just over 14.00 (07:36
am) Mitch King:new high on SPY (08:11 am)
Ed :getting tiny pullback on SPY (09:08
am) Ed :LQDt (09:24 am) Ed :GMCR new
hod (09:43 am) Mitch King:monitoring for a
long in CL 10, no hurry, and only small
bounce expected (09:47 am) Ed :If u took
LQDT long would reduce (09:59 am) JoeyTSA
:JCP trying to push over $14 (10:06 am) Ed
:AWAY just monitoring right now (10:07 am)
Ed :I would like more selling @near 27.50
area (10:08 am) Ed :12:59 (NL) Fitch
affirms Netherlands AAA sovereign rating;
outlook Negative – related EUR/USD
EUR/JPY EUR/CHF FEZ SOVRX JPY/EUR
FEU (10:14 am) Mitch King:We are on a
downtrend with CL so shorting the tops is
best. if you do go long the bottoms
make your profit targets smaller like 10-13
ticks, somethign like that (10:15 am)
Mitch King:362 setting on Lightning bars on
CL 10 looks real good (10:19 am) JoeyTSA
:GMCR hod (10:25 am) Ed :see everyone
tomorrow. Off to take my daughter to
college (10:33 am) Ed :US) School shooting
reported in Dekalb County in Georgia, an
active shooter on the scene (update)
– (10:33 am) Ed :last post then Im
gone (10:34 am) Ed :keep eyes on
SWHC/RGR (10:43 am) Murano :watching
LULU (10:44 am) Murano :SRPT (10:52 am)
Mitch King:should get an uptrend in
CL (10:57 am) Mitch King:higher high on CL
confirms uptrend. the last high was
about 8-9 minutes ago (11:05 am) Mitch
King:is there news on Egypt or something to
cause falling oil prices?
| (05:24 am) dbeck3 :morning Joey.
BBRY beat both lines – wow (05:25 am)
JoeyTSA :yeah, giving some of it back now
though (05:27 am) dbeck3 :new lows
in /ES today? watching close, could be
getting ugly (05:27 am) JoeyTSA :been
moving up past 3 hrs, but will be watching
1641/1640 support (05:49 am) dbeck3
:/GC huge move up (05:54 am) JoeyTSA
:early gap up:
BBY,URBN,TSLA,HD,AAPL,NVS (05:54 am)
JoeyTSA :early gap down:
MLNX,Z,LITB,DKS (05:55 am) Qwert :good
morning to everyone (05:55 am) Murano
:good morning (05:55 am) Qwert :thx joey
for the gaps (05:56 am) Murano :JCP loss
of $2.16/share (05:56 am) Qwert :BKS a
nice gap down as well (06:00 am) JoeyTSA
:thx Murano,Qwert (06:01 am) Qwert :JCP
looses over 2 dollars a share and goes up
6% I love this
business (06:02 am) JoeyTSA :thats because
they said sales should improve each
month (06:03 am) JoeyTSA :been a hurt
company (06:03 am) Qwert :yeah i saw that
just seems funny (06:04 am) JoeyTSA
:market= psychology in action 🙂 (06:04
am) Qwert :for sure (06:04 am) JoeyTSA
:earnings have always been a head
scratcher (06:04 am) JoeyTSA :one of my
favorite setups is when a company gives great
earnings and gets hammered, usually an easy
buy (06:05 am) JoeyTSA :most likely stock
had nice runup into earnings so led to profit
taking, but still funny to see (06:06 am)
Qwert :the gap trades are my
favorite (06:06 am) Qwert :and usually
gapping because of earnings reports (06:07
am) JoeyTSA :yeah (06:07 am) JoeyTSA :one
reason why investing has no interest to
me (06:08 am) JoeyTSA :got tired of the
roller coaster ride (06:15 am) JoeyTSA
:thanks qwert (06:17 am) herman :gm
everyone (06:19 am) Ed :thx qwert Im
in (06:21 am) Qwert ::) (06:24 am)
skydiver :gm all (06:28 am)
doji :Good day fellas (06:29 am)
JoeyTSA :thx Ed, good info (06:29 am)
elisha :gm all (06:34 am) JoeyTSA
:if /CL losed 105.20, might get quick short,
maybe 10-20t (06:36 am) JoeyTSA :HD
beautiful short (06:37 am) skydiver
:nice joey (06:38 am) JoeyTSA :TSO might
set up smaller trade here (06:43 am)
skydiver :nice call on GMCR
Ed (06:45 am) JoeyTSA :GMCR great, wasnt
in it though (06:45 am) skydiver
:out 3/4 long on GMCR – thanks again Ed
🙂 (06:46 am) skydiver :all out of
GMCR long (06:49 am) Ed :nice trading
sky (06:50 am) skydiver :thnx
🙂 (06:51 am) skydiver :HLF – up due
to a large investor iinvesting in this stock
(Perry Capital – takes 5 percent stake in
HLF) (06:52 am) JoeyTSA :lots of game
playing with HLF (06:52 am) skydiver
:yes indeed (06:53 am) JoeyTSA :just like
WLT i think it is that gets a buyout rumor
every 4 days haha (06:53 am)
doji :CREE (06:54 am) skydiver
:gotcha joey . . .whatever helps to move the
stockk up or down 🙂 (06:55 am) JoeyTSA
:GMCR gave great short too (06:55 am)
doji :Triangle in FB (06:55 am)
skydiver :yes . . missed it (06:56
am) skydiver :busy with HD — went long
on it a while ago (06:56 am) doji
:AAPL (06:56 am) JoeyTSA :great sky, 74.50
held nicely (06:56 am) skydiver
::) (06:57 am) JoeyTSA :careful here at
75.50 though (06:57 am) skydiver
:out 3/4 on HD long (06:58 am)
skydiver :all out of HD long (06:59
am) JoeyTSA :good trade, thought maybe $76
had a chance but then saw earlier s/r at
75.50 which is why i typed that a few minutes
ago (07:00 am) skydiver :thnx joey
and Mitch 🙂 (07:00 am) JoeyTSA :doji: thx
for CREE on radar over $57 (07:02 am)
doji :Having issues at 57 so
far (07:02 am) JoeyTSA :great call on
QIHU (07:02 am) JoeyTSA :yeah, just set
alert a few pennies over (07:05 am) Qwert
:nice /CL calls Mitch (07:10 am)
doji :Watching APPL as it approaches
$500 (07:10 am) JoeyTSA :NUGT a beauty
today (07:11 am) JoeyTSA :GMCR playing in
a $1 range now (07:13 am) Ed :nice play
with /GC powering higher (07:13 am)
JoeyTSA :yeah, just not sure why i
didnt also play /GC ??? (07:13 am) JoeyTSA
:guess i was just focused on stock
chart (07:13 am) Ed :too many
charts (07:13 am) Mitch King:good job on
NUGT joey, you got your once a week
trade (07:14 am) JoeyTSA :right, plus got
googly-eyed with the 3x haha (07:14
am) JoeyTSA :yeah thanks Mitch, always have
to get at least 1 in for you 🙂 (07:14 am)
Mitch King:mine was Cl this morning, now i
can quit for another week (07:15 am)
JoeyTSA :there ya go, you can go back to your
2nd job of writing fortunes for the
cookies 🙂 (07:15 am) doji
:AAPL watching closely here (07:15 am)
Mitch King:poor JCP, they cant even get any
credibility, market selling into their
rise (07:16 am) doji :The usual pump
and dump in JCP Mitch (07:16 am)
doji :Watching FB (07:16 am)
doji :Me toooooo Ed (07:18 am)
JoeyTSA :only risking 25c on GMCR (07:22
am) Ed :i think tht everyday news of unrest
picking back up again (07:24 am)
doji :All out APPL, long from
501.18 (07:25 am) doji :Let’s see if
it tries to break the lod again (07:25 am)
Ed :nice twading doji-man (07:25 am)
doji :EXPE (07:25 am) JoeyTSA :good
one doji, GMCR gave me a nice 3:1
r/r (07:26 am) Ed :nice setup also
joey (07:26 am) JoeyTSA :figured it was
worth a shot (07:27 am) JoeyTSA :wanted
$82 but got flexible (07:27 am) JoeyTSA
:and lost patience too haha (07:27 am)
doji :Watching double bottom
JCP (07:27 am) Ed :yea flexibility
helps (07:27 am) JoeyTSA :AGN having nice
day (07:28 am) JoeyTSA :cnbc anchor just
called him out haha (07:29 am) doji
:CReeeeeeeeeee (07:29 am) doji
:Dang (07:29 am) Qwert :missed the CREE
pop (07:29 am) doji :Forgot to place
the alert Joey (07:29 am) JoeyTSA :i got
the alert, chose not to take it (07:29 am)
Ed :to funny everytime kept hearing all great
things about TIVO, i was saying what does
TEBOW have to do with rising
competition (07:29 am) JoeyTSA
:haha (07:30 am) doji :Watching EXPE
here at R1 (07:32 am) skydiver :went
long on JCP – maybe a bit
questionable? (07:34 am) skydiver
:all out of JCP long – don not like the looks
of this chart (07:35 am) JoeyTSA :probably
smart sky, can always get back in on next
setup if you want (07:35 am)
skydiver :made a very very small profit
on JCP long (07:35 am) skydiver
:thnx joey (07:36 am) doji :/ES back
at 1650 (07:36 am) JoeyTSA :nice /ES hit
1650 target 🙂 (07:37 am) JoeyTSA :even
smarter now sky, that you bailed
haha (07:37 am) Ed :genius (07:37 am)
Ed :Einstein (07:38 am) Qwert
:hahaha (07:39 am) skydiver :ha ha .
. . my wife brought me breakfast so back on
the trades again 🙂 (07:39 am) JoeyTSA
:break time see you in 20 or so, great
trading today (07:39 am) skydiver
:enjoy joey (07:42 am) skydiver
:wow, glad I bailed on JCP for sure (07:42
am) doji :JCP is a dog (07:43 am)
skydiver :guess so doji (07:43 am)
vince :any thoughts on expe, good exit
point? (07:49 am) herman :tight stop
47.34-47.20 resistance 47.60 (07:56 am)
doji :JCP help somewaht 13…first
target 13.4 and the 13.6 (07:58 am)
doji :help=held (08:10 am)
skydiver :nice doji on JCP — I was
away for awhile 🙂 (08:21 am) dbeck3
:FB setting up (08:22 am) doji :FB
at pp (08:33 am) dbeck3 :doji, whats
pp? i’ve never heard that one (08:33
am) doji :pivot point (08:36 am)
dbeck3 :ahhhhh, duh. dont mind
me (08:36 am) dbeck3 :haha (08:36
am) dbeck3 :aparently the kids have
sucked the brains away today. BAC
having a nice run too if anyone got on
it (08:38 am) doji :Hi dbeck, are
you a he or a she? (08:38 am) doji
:Just to make sure I don’t seem
unpolite (08:38 am) doji :First time
I called Ed Sweetheart (08:38 am)
doji :becase his nickname was
Candela… lol (08:39 am) Qwert
:hahaah (08:39 am) dbeck3 :hahaha,
thats great. I’m a guy, in
Denver (08:39 am) Qwert :also likes to
brag about dancing ability 🙂 (08:42
am) doji :Yes Qwert, he likes tight
pants (08:42 am) Qwert :haahahah (08:42
am) doji :and remember, he has his
Saturday’s night job also (08:43 am) Qwert
:right thats why i made the comment (08:43
am) dbeck3 :ha (08:44 am)
dbeck3 :i dont know, men in tight pants
in this group…… (08:44 am) doji
:lol (08:45 am) doji :and he is like
100 years old but looks like he is 20…
thanks to his last plastci circury (08:45
am) doji :surgery (08:45 am) Qwert
:Gene Simmons on cnbc looks like hes wearing
a hair helmet (08:47 am) dbeck3 :he
is a little creepy looking. (08:47 am)
doji :WHo? Ed or Gene? (08:47 am)
doji :lol (08:48 am) doji :Ed,
I love you man! (08:49 am) dbeck3
:hahaha, Gene. Sorry Ed, never met you
but I wouldn’t come out of the gate and call
you creepy (08:51 am) Ed :no
problem (08:51 am) Ed :all good (08:51
am) dbeck3 :alright back to it.
BAC topping, LUV making some new hod’s, NTI
setting up nicely (08:53 am) JoeyTSA :NUGT
just bouncing around today (08:54 am)
doji :/TF around 1.4% up (08:56 am)
JoeyTSA :didnt have /TF up today, guess i
should have (08:56 am) doji :I had
but didn’t trade it (08:56 am) JoeyTSA
:had FDAX up on that chart (08:57 am)
JoeyTSA :i have one chart i rotate
/TF,FDAX,/NG (08:59 am) JoeyTSA :GMCR
pulled back to $81 again and moved right up
to $82 again (09:04 am) dbeck3
:doji, FB is killing it (09:04 am)
doji :Yes (09:05 am) doji
:held its PP (09:06 am) doji :It was
a nice trade as it help its pp and broke its
upper trenline (09:08 am) JoeyTSA :FB
making ok scalps in this range (09:08 am)
doji :Agree, from 37 to 39, nice
scalps (09:08 am) JoeyTSA :not playing
them though (09:12 am) dbeck3 :FB
running out of steam (09:14 am) Qwert
:LQDT need some volume (09:35 am)
dbeck3 :coming back down…/ES wants a
break (09:36 am) JoeyTSA :its testing R1
here (09:36 am) JoeyTSA :only watching,
vol weak overall (09:39 am) dbeck3
:im probably going to call it a day.
Ill check back later to see if you guys have
some diamonds (09:39 am) JoeyTSA :sounds
like a good/smart plan 🙂 (09:40 am) Ed :c
ya dbeck3 (09:40 am) dbeck3 :bye
Joey, Ed, Mitch, Doji and everyone
else (09:42 am) Qwert :enjoy
dbeck (09:43 am) doji :Bye
dbeeck3 (09:43 am) doji :Bye
Dbeck2 (09:44 am) doji :Bye
Dbeck1 (09:44 am) doji :Bye
Dbeck-1 (09:44 am) doji
:etc,etc,etc… (09:44 am) JoeyTSA
::) (10:09 am) JoeyTSA :thx Ed (10:15
am) JoeyTSA :thx Mitch, S1 is around
106.50, darvis support @
106.40 (10:25 am) JoeyTSA :break time, see
you in 30 (10:25 am) Qwert :Enjoy Ed cya
in the am (10:26 am) Murano :see you
Ed (10:27 am) doji :Bye Ed… you
have been very quiet today (10:27 am)
Qwert :When my son leaves for college it
makes me quiet and sad as well (10:28 am)
Ed :Been busy with packing and all. Yes this
is her first year (10:28 am)
skydiver :Take care Ed . . . a new
transition in life 🙂 (10:28 am) Ed :Yea
sure will be like that around here
qwert (10:28 am) Ed :true (10:29 am) Ed
:Happy trading, stay disciplined c you all
tomorrow (10:29 am) skydiver
::) (10:29 am) Qwert :we will try to cheer
you up Doji will dance (10:29 am) Ed
:lol (10:30 am) doji :Naked…
hahahah (10:31 am) Qwert
:hahahaah (10:35 am) Qwert :thx
Ed (10:47 am) doji :NFLX makings new
highs (10:47 am) skydiver :thnx
Murano for LULU (10:49 am) doji :I
am closing my last piece of JCP
here (10:49 am) doji :NFLX just
nuts (10:50 am) Murano :out 3/4
LULU (10:52 am) Murano :out last 1/4
LULU (10:56 am) Mitch King:good one on
LULU murano and SRPT (10:57 am) Murano
:covered all SRPT (10:58 am) herman
:good calls murano thanx (11:00 am)
JoeyTSA :nice job on LULU (11:00 am)
Murano :thanks herman and sky (11:06 am)
Qwert :have not seen any Mitch (11:08 am)
JoeyTSA :not hearing any news
either (11:13 am) Murano :SRPT amy be
trying to reverse it’s 3 week
downtrend. (11:13 am) Murano
:amy=may (11:22 am) herman
:bobe (11:25 am) JoeyTSA :NFLX had a nice
day, i got out early though (11:25
am) JoeyTSA :left a lot of $ on the table, oh
well (11:29 am) doji :The market
sbound today was expected… I had an buy
order for SPY at 164.9 that was not filled by
1 cent this morning…. dang (11:31 am)
JoeyTSA :too bad (11:47 am) regatta
:watching ARO (11:48 am) JoeyTSA :i
believe fomc is tomorrow (11:49 am)
doji :EXPE nice today (11:49 am)
JoeyTSA :tomorrows earnings : (HPQ),
Lowe’s (LOW), Target (TGT), American Eagle
Outfitters (AEO), Energy XXI (EXXI), Hain
Celestial (HAIN), J.M. Smucker (SJM), L
Brands (LTD), Madison Square Garden (MSG),
Noah Holdings (NOAH), PetSmart (PETM),
Staples (SPLS), and Toll Brothers
(TOL) (11:53 am) doji :NFLX looks
like it wants $300 before the end of the
month (11:56 am) JoeyTSA :yeah, in
hindsight i should have held (12:00 pm)
doji :It held a straight support line
almost from the open… I’ll assumed this is
institutional buying…. (12:09 pm)
JoeyTSA :NTES is another one called earlier
having a great day (12:15 pm) Murano :HD
had a spike down and back up (12:18 pm)
doji :Will keep monitoring NUGT
tomorrow… nearing $100 (12:18 pm)
JoeyTSA :NUGT is based on gold move (12:19
pm) doji :I know (12:19 pm)
doji :3X (12:19 pm) JoeyTSA :right,
just meaning that $100 level isnt the same as
on an actual company (12:20 pm) JoeyTSA
:not saying $100 wont be hit 🙂 (12:21 pm)
doji :I know Joey…. (12:22 pm)
JoeyTSA :good (12:27 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano,Qwert,everyone (12:
28 pm) JoeyTSA :have a great day, see you in
the morning (12:28 pm) Murano :see you
joey (12:30 pm) doji :Bye fellas,
see ya tomorrow (12:30 pm) Murano :see you
doji (12:31 pm) Qwert :bye joey (12:36
pm) Qwert :cya doji (12:48 pm) Murano
:done for the day, see you tomorrow (12:49
pm) Qwert :bye murano cya in the am (01:01
pm) Qwert :good night everyone cya all in the
am
|