(06:11 am) Mitch :September 19, 2013 Pre
Market Up: BMRN, SCTY, ISIS, ONXX, TSLA, A,
QIHU, AAPL, TTWO, ALV, PSX, Pre Market Down:
ROYT,
(06:29 am) Mitch King:important buy signal CL
11-13
(06:31 am) Ed’s assistant :Monitoring FB
(06:32 am) JoeyTSA :watching A
(06:33 am) Mitch :watching MCD
(06:35 am) Mitch :watching TSLA
(06:35 am) Mitch :watching BPOP
(06:36 am) Mitch King:TSLA spiking
(06:36 am) Mitch King:watching TTWO
(06:36 am) Mitch King:watching insurance
companies: MET, HIG, PRU
(06:37 am) Mitch King:watching XOOM spike
(06:37 am) Mitch King:watching LNC, another
insurance com
(06:38 am) Mitch King:watching GC, Gold
futures for long entry
(06:38 am) Mitch King:another buy entry area
for CL 11
(06:39 am) JoeyTSA :QIHU strong so far
(06:39 am) Mitch King:watching NUGT for
bottom
(06:43 am) Mitch King:watching ALXN for
botttom
(06:43 am) Ed :(US) PIMCOs’ Gross: Fed taper
decision could come at the December meeting,
yesterday’s decision is seen as a ‘handoff’
between Bernanke and Yellen
(06:43 am) JoeyTSA :keeping BMRN on radar
(06:45 am) JoeyTSA :eye on A again, dbl bot
around $52
(06:49 am) Mitch King:watching STI
(06:52 am) JoeyTSA :tighten BIDU if long
(06:53 am) JoeyTSA :NFLX really fighting that
$305 level
(06:56 am) Mitch King:OMER up strong
(06:56 am) JoeyTSA :2 reports coming out in
about 3 min
(06:56 am) Mitch King:EPD trending up
(06:59 am) JoeyTSA :/GC just popped
(06:59 am) Mitch King:watch WDAY for trades
bothw ays
(06:59 am) Mitch :watching YY
(07:00 am) Ed :*(US) AUG EXISTING HOME SALES:
5.48M V 5.25ME Metrics: – Median existing
home price: $ v $213.5K prior (revised from
$213.5K) – Total Months Supply: v 5.1 prior
(revised from 5.1 months) – Distressed
sales: % v 15% prior – All cash sales: % v
31% m/m
(07:00 am) Ed :*(US) AUG CONFERENCE BOARD
LEADING INDEX: 0.7% V 0.6%
(07:00 am) Ed :*(US) SEPT PHILADELPHIA FED
BUSINESS OUTLOOK: 22.3 V 10.3E
(07:12 am) Mitch King:Natural Gas inventories
in 17 minutes
(07:21 am) Murano :watching JCP
(07:21 am) JoeyTSA :eye on TRLA for breakout
(07:28 am) JoeyTSA :VIPS giving nice pullback
, keep on radar
(07:29 am) Mitch King:watch natural gas
(07:30 am) Ed :*(US) WEEKLY EIA NATURAL GAS
INVENTORIES: +46 BCF VS. +55-60 BCF EXPECTED
RANGE- Source
(07:37 am) Qwert :monitoring LNC
(07:47 am) Ed :would like more selling, test
of 84 area
(07:47 am) Ed :GMCR just monitoring right
now
(07:48 am) Ed :will see how price reacts to
that area if sells down there
(07:53 am) Ed :QCOR monitoring also,
(07:54 am) Qwert :watching CAG
(07:54 am) Ed :If no test of 60ish area on
QCOR I will pass, since market seems slow
right now
(07:54 am) Ed :on QCOR I would like test of
60ish area not sure will get it though
(07:55 am) Ed :GMCR Ticks lower on chatter of
potentially weaker IRI monthly sales data
(08:11 am) JoeyTSA :eye on PPO pullback
(08:15 am) Mitch King:Gold futures on hot
run
(08:17 am) Murano :watching KORS
(08:20 am) Mitch King:GC is very volatile,
not for new traders.
(08:20 am) Mitch King:important sell signal
on GC 12-13, 1372.60, might take 1-2 hours
(08:21 am) JoeyTSA :VIPS still climbing
(08:21 am) Ed :11:20 KORS Hearing recent
strength attributed to chatter of higher
industry data on sales
(08:36 am) Mitch King:watchign FLTX
(08:40 am) JoeyTSA :/CL pulling back to pp
(08:43 am) JoeyTSA :eye on NUGT
(08:49 am) Murano :watching LAMR
(08:51 am) Mitch King:looking for CL 11-13 to
bounce
(09:02 am) Mitch King:you might consider
covering GC 12-13 if short from 1372.60 area
(09:16 am) Mitch King:i would focus on the
long side of CL if trading that instrument,
uptrend should start taking place
(10:22 am) Ed :THRX halted news pending
(10:30 am) Ed :(JP) Magnitude 5.8 earthquake
strikes region around Japan’s Fukushima
(10:50 am) Ed :NKE just monitoring needs more
selling
(10:59 am) Ed :ADS.DE Guides FY sales in
low-single-digit currency-neutral increase
(low- to mid-single digit increase prior) –
NEWs affecting NKE
(11:00 am) Ed :Market Internals update at
14:00ET – NYSE volume 385M shares, about 12%
above its three-month average; decliners lead
advancers by 1.6:1. – NASDAQ volume 1.14B
shares, about 14% above its three-month
average; decliners lead advancers by 1.5:1.
– VIX index -2.6% at just over 13.00
(11:27 am) Murano :watching CME
(11:40 am) Ed :if u were able to take NKE
long would reduce
(11:58 am) Ed :good eye regatta on FLTX
(12:09 pm) Murano :watching YELP
(12:22 pm) Ed :PHH on move
| (05:20 am) taco :gm Qwert Joey toby
(05:22 am) JoeyTSA :Good morning all,
unemployment claims and current account in 7
minutes
(05:25 am) JoeyTSA :Existing home sales,
Philly Fed, CB Leading all at 7pdt, nat gas
# 7:30pdt
(05:46 am) Qwert :Good morning everyone
(05:50 am) Murano :good morning
(05:51 am) JoeyTSA :A giving a nice pullback
(05:59 am) doji :Good day
(05:59 am) JoeyTSA :hey doji
(06:00 am) doji :so jobless claims rises
even with QE in place…
(06:01 am) JoeyTSA :yeah but they were
looking for a higher #, so its good news
haha
(06:04 am) JoeyTSA :some gap down:
CF,FMX,WAGE,SSNC
(06:05 am) JoeyTSA :gap up: AAPL,TSLA,A,BMRN
(06:05 am) taco :thx Joey
(06:06 am) JoeyTSA :there were more, just a
few im watching
(06:06 am) JoeyTSA :A-Agilent gave nice
pullback and slight bounce
(06:07 am) JoeyTSA :they are splitting into 2
companies
(06:21 am) herman :gm all
(06:21 am) JoeyTSA :hi herman
(06:21 am) skydiver :gm everyone – thnx for
gappers
(06:21 am) JoeyTSA :Good morning everyone
(06:21 am) Ed :good morning
(06:22 am) Qwert :gm Ed
(06:24 am) chinhngo :gm all traders
(06:26 am) JoeyTSA :watching /CL as it nears
$107
(06:28 am) elisha :gm all
(06:29 am) JoeyTSA :hi chin, elisha
(06:29 am) elisha :hi joey
(06:32 am) regatta :watching INVN
(06:34 am) JoeyTSA :big names :
AAPL,BIDU,TSLA,NFLX all on watch
(06:35 am) doji :All moving strongly Joey,
just watching
(06:36 am) JoeyTSA :yeah, NFLX needs to hold
$305
(06:38 am) JoeyTSA :scanner froze, back
working now
(06:39 am) JoeyTSA :VIPS hitting scanner,
wide spread
(06:41 am) JoeyTSA :fyi: cnbc just reminded
me..quad witching is this friday
(06:42 am) skydiver :thnx joey for info
(06:43 am) JoeyTSA :no prob sky, now just how
to figure how to profit from it 🙂
(06:43 am) JoeyTSA :thx Ed
(06:44 am) doji :Ed, should I believe
PIMPCO”s? lol
(06:44 am) JoeyTSA :sky : can cause some
volatile action, just stay on toes
(06:44 am) Ed :straight shooters
(06:45 am) skydiver :gotcha joey . . 🙂
(06:45 am) JoeyTSA :watching APD also
(06:52 am) Qwert :nice call on A bounce joey
(06:52 am) JoeyTSA :watching TSLA for a setup
to go long, not yet though
(06:52 am) JoeyTSA :thx qwert
(06:56 am) JoeyTSA :/NG slight uptrend past
hour, hit dbl t op just under R1, watch area
(06:56 am) JoeyTSA :actually 3 reports
(06:58 am) JoeyTSA :GS downtrend so far, just
watching it but not as a trade
(07:00 am) JoeyTSA :/GC popped then pullback
back quick
(07:00 am) taco :a bit bipolar
(07:00 am) JoeyTSA :thx Ed, you are quicker
than Rick Santelli 🙂
(07:00 am) taco :scary for me hovering
around support /GC
(07:01 am) JoeyTSA :yeah taco, im not playing
it right now
(07:01 am) taco :i’m waiting for later day
set up
(07:01 am) taco :got a couple scary scalps
(07:01 am) doji :Joey did you get TSLA?
(07:02 am) JoeyTSA :no, was waiting for
setup, started watching other ones, nice move
if you got it though
(07:02 am) doji :No I didn’t Joey, just
watching action so far… on a conefrence
call
(07:02 am) JoeyTSA :held the pivot and $173
level nice
(07:03 am) JoeyTSA :one of the negatives with
having too many charts up at 1 time
(07:03 am) JoeyTSA :sometimes less is more
(07:03 am) doji :I should have APPL log from
the open… looks stromg so far
(07:06 am) JoeyTSA :ouch $920M fine for JPM
(07:11 am) JoeyTSA :AAPL hod
(07:11 am) doji :Regreting not in APPL…
dang, I knew it could challenge its prevoius
gap dowb
(07:12 am) doji :Now just watching like an
idi…
(07:12 am) JoeyTSA :you had a swing on it at
one point
(07:13 am) spreng3 :what is with the charts
?
(07:14 am) JoeyTSA :might be a tech issue
(07:15 am) JoeyTSA :best thing to do is rely
on yours
(07:18 am) skydiver :FB finally dropped —
been a long hold on that short
(07:19 am) JoeyTSA :i didnt even see that one
sky, nice job with patience
(07:19 am) skydiver ::)
(07:20 am) skydiver :all out of FB short
(07:20 am) skydiver :yeah . . . took all the
patience I had . . .will have to buy some
more – all out 🙂
(07:20 am) JoeyTSA :one day i will get some
patience
(07:20 am) skydiver ::)
(07:21 am) JoeyTSA :TRLA a bit lower vol,
just watching
(07:21 am) JoeyTSA :also missed great bounce
on SHLD
(07:22 am) skydiver :TSLA still strong
(07:23 am) doji :Pin at 175 in TSLA Sky
(07:23 am) doji :Pin at 46 in FB
(07:23 am) skydiver :gotcha doji
(07:23 am) doji :Nice rebound from
yesterday’s close in FB
(07:24 am) doji :at 45.23
(07:26 am) regatta :watching SCHW
(07:27 am) shawn3 :Ed: and Mitch: how does
NFLX look on a buy?
(07:27 am) regatta :watching MCP
(07:28 am) Ed :for my strategy, its very late
for buy on NFLX
(07:28 am) Murano :weak bounce on JCP keep
tight stop
(07:29 am) regatta :watching LNC
(07:30 am) Murano :out all JCP
(07:30 am) JoeyTSA :wow that was quick move,
like usual
(07:33 am) JoeyTSA :decent action so far,
break time see you in 20
(07:34 am) skydiver :enjoy joey
(07:34 am) taco :enjoy joey
(07:36 am) skydiver :ipo – XLRN – opens in
abouit 5 minutes – looking like being priced
around $18
(07:37 am) taco :thx sky
(07:38 am) skydiver :no problem taco —
risky – but fun to watch those ipo’s 🙂
(07:38 am) taco :not in my stock list yet
(07:41 am) skydiver :XLRN – will open now in
about 10 minutes
(07:45 am) skydiver :XLRN – should open in
about 1 minutes
(07:45 am) skydiver :open now
(07:49 am) skydiver :Off to the office I go
. . thanks again for great calls — might be
on around closing again 🙂
(07:50 am) taco :c ya sky
(07:50 am) skydiver ::)
(07:50 am) Ed :c ya sky
(07:50 am) taco :nice call LNC Qwert
(07:51 am) Ed :nice call qwert
(07:52 am) Qwert :thx hope u got it
(08:01 am) taco :CAG nice too
(08:01 am) taco :not in it
(08:01 am) JoeyTSA :nice calls, VIPS still
active
(08:05 am) doji :It seems the pin in TSLA
could be $180
(08:06 am) JoeyTSA :too early for me to have
any clue
(08:14 am) taco :nice on QCOR ed
(08:14 am) taco :didn’t trade either
(08:16 am) Ed :yea gave nice signal, I did
not trade it either as market seem slow
(08:17 am) JoeyTSA :yeah Mitch, that 1350 was
a big level to get thru
(08:17 am) Ed :i like to have more pace in
tape
(08:18 am) doji :Long in TSLA at 176…
(08:18 am) regatta :watching BPOP
(08:23 am) JoeyTSA :stopped on VIPS
(08:24 am) doji :SHort KORS @ 77,86
(08:25 am) shawn3 :Anybody short KORS?
(08:25 am) doji :Read above
(08:28 am) doji :TSLA long and KORS short
working so far
(08:28 am) doji :tighting trailinbg stops
(08:29 am) doji :TSLA may pin at $180
(08:30 am) JoeyTSA :good trading doji
(08:31 am) doji :Thanks, I just used the
trendline to time my entry at $176 with 50c
stop loss, expecting $177…. or better
(08:33 am) JoeyTSA :sounds good to me
(08:34 am) doji :canoot afford better setups
with this slow connectivity
(08:34 am) Murano :covered 3/4 KORS
(08:34 am) doji :Out 1/2 KORS at 77
(08:35 am) doji :Thanks Muran for KORS
(08:35 am) Murano :I lost my internet for
about 30 seconds
(08:36 am) doji :Did you find it?
(08:36 am) doji :Check in the lost and found
section Murano… lol
(08:36 am) Murano :yeah it was out wandering
around in the field next door
(08:37 am) JoeyTSA :hate when that happens,
esp if in a trade
(08:37 am) Murano :it’s no really funny, I
was short 2100 shares of KORS and blind as a
bat
(08:38 am) Murano :stop on last 1/4 KORS
77.51
(08:39 am) JoeyTSA :yeah, scary
(08:40 am) taco :putting your blind squirrel
theory to shame 🙂
(08:41 am) Murano :lol
(08:42 am) Murano :covered last 1/4 KORS
(08:48 am) JoeyTSA :good job
(08:50 am) Murano :LAMR needs more volume to
be a good short candidate
(09:02 am) doji :I knew that that story
about the blind squirrel was not true… lol
(09:03 am) shawn3 :NFLX has been moving
sideways for 30 minutes now. Does anybody
have any ideas which way it will break?
(09:04 am) Murano :my blind squirrel was
chasing my blind bat
(09:05 am) doji :Have my sell order right at
above $180 on TSLA….only 1M shares tis
time, just to compete against Murna since
“big pocket” Mike is not anymore here
(09:05 am) doji :and the 1 share from Ed
(09:06 am) JoeyTSA ::)
(09:08 am) Ed :i moved up to 1.5 shares
(09:09 am) Qwert :hahhaa
(09:09 am) JoeyTSA :50% increase haha
(09:11 am) JoeyTSA :i have a funeral/memorial
to attend, leaving in about 20 mins for the
day
(09:12 am) JoeyTSA :shawn : best advice, if a
stock isnt moving, set alerts both ways and
find stocks that are moving
(09:12 am) taco :hope the people are mending
joey
(09:12 am) shawn3 :Thank You.
(09:12 am) JoeyTSA :not really, been tough
(09:13 am) JoeyTSA :probably going to be
1000+ people there today
(09:13 am) taco :that’s incredible
(09:14 am) JoeyTSA :nice article in todays
paper with interview with his wife…
(09:14 am) JoeyTSA
:http://m.lvsun.com/blogs/kats-report/2013/se
p/18/megan-belk-remembers-belky-her-pal-who-t
urned-her-/
(09:15 am) JoeyTSA :he accomplished so much
and honestly he was just getting started..he
was a musical genuis
(09:15 am) JoeyTSA :shawn: i know you love
NFLX, play it when it gets active, but scan
for movers
(09:17 am) shawn3 :Thank you. I have spanked
NFLX for the last 2 weeks. I need to lean to
hold my trade a little longer
(09:17 am) shawn3 :learn
(09:21 am) shawn3 :I am starting to become a
better trader$$$
(09:21 am) JoeyTSA :thats all you can ask for
🙂
(09:22 am) taco :nice shawn
(09:23 am) Ed :nice shawn
(09:29 am) JoeyTSA :Thanks Mitch,Ed,Diosna,
Murano,Qwert, everyone
(09:29 am) JoeyTSA :have a great day, see you
all tomorrow
(09:30 am) elisha :bye joey – once again –
sorry about your friend
(09:30 am) Murano :see you joey
(09:30 am) taco :c ya Joey, hope the
memorial is wonderful
(09:30 am) Ed :c ya joey
(09:30 am) Qwert :take care joey prayers sent
your way
(09:31 am) JoeyTSA :thanks
(09:32 am) JoeyTSA :will stay logged in to
backcheck any action
(09:41 am) doji :Back from a meeting…
still waiting for TSLA to print $180
(09:42 am) chinhngo :180 and look short or
long ?
(09:43 am) doji :I’ll close my position,
will not do anything else dumb… it’s just
me
(09:46 am) Murano :I have entered a long
swing on SSNI at 16.22
(09:47 am) Murano :looking for $20.00 area
first target
(09:47 am) chinhngo :thank murano it is very
clear to me
(09:48 am) Murano :stop is at 15.05
(09:52 am) chinhngo :buy cover kmp
(10:23 am) Qwert :thx Ed
(10:24 am) Qwert :looks like the news was not
leaked trading in a small range
(10:25 am) Ed :caught many i guess by
surprise
(10:56 am) Qwert :THRX opening in about 3
mins
(11:13 am) Murano :INVN setting up for a
short no shares at Lightspeed
(11:17 am) Murano :if you were able to short
INVN would cover some here
(11:21 am) doji :ALL out TSLA long….
(11:22 am) Murano :excellent trading doji
(11:23 am) doji :Thanks Murano
(11:23 am) taco :nice one doji
(11:35 am) regatta :watching FLTX
(11:37 am) Murano :FLTX may find some support
around 38
(11:44 am) taco :nice signal FLTX
(11:45 am) taco :thx regatta
(11:48 am) taco :wow still weak,
(11:50 am) Qwert :FLTX nice thx Murano
(11:50 am) herman :good call regatta thanx
(11:50 am) Qwert :I mean Regatta thx
(11:55 am) Murano :thanks for FLTX regatta
(11:57 am) regatta :yw
(11:59 am) regatta :qwert, if you confuse me
w/ murano or any other moderater i am
honored
(12:03 pm) taco :have to go check on the bun
in the oven at dr’s. Thanks Mitch, Ed Diosna
Qwert Murano and everyone else.
(12:04 pm) taco :see you in the am have a
great rest of your day
(12:04 pm) Ed :c ya taco
(12:05 pm) Murano :see you taco
(12:13 pm) doji :Short YELP 70.82
(12:15 pm) doji :PCLN
(12:22 pm) doji :PCLN wants 1000
(12:23 pm) doji :SHorted PCLN right at 1001
(12:27 pm) Murano :if you took YELP short you
should have covered some already, sorry I
was on the phone
(12:34 pm) skydiver :TSLA moving down – been
too busy to type till now
(12:37 pm) doji :I missed the short… O/I
was very high at $180…
(12:39 pm) skydiver :all out of TSLS short .
. have to get back to another meeting . . .
(12:39 pm) skydiver :TSLA that is
(12:40 pm) skydiver :see ya all tomorrow 🙂
(12:41 pm) Murano :done for the day, see you
tomorrow
(12:42 pm) doji :AAPL
(12:45 pm) doji :See ya guys…
(12:51 pm) Ed :c ya murano
(12:59 pm) Qwert :Bye everybody great calls
today cya in the am
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