Pre Market Up: CELG, OPTT, TWC, TSLA,
TSRO, ISRG, TWTR, GWPH, BIDU, YNDX,
YELP, MNOV, AZN, Pre Market Down:
APU, ALNY, NUGT, MRK, GME, SSYS,
KBR, (05:40 am) JoeyTSA :early gap down:
SSYS,GME,APU,DDD (05:44 am) JoeyTSA :early
gap ups:
ISRG,GOOG,AAPL,NFLX,BIDU,TWC (05:46 am)
JoeyTSA :eye on low-priced OPTT and
ANV (05:48 am) Qwert :ALNY gapping down as
well (06:19 am) Mitch’s Assist. :January
14, 2014, Tuesday (06:21 am) JoeyTSA :ANV
is halted (06:31 am) Mitch’s Assist.
:watching SSYS (06:31 am) Mitch
King:watching TRIP for short (06:31 am)
Mitch King:watching EA fo rshort (06:31
am) JoeyTSA :eye on TXTR also (06:31 am)
JoeyTSA :SHPG spike (06:32 am) Mitch
King:watching WLL for top to short (06:32
am) Mitch King:monitoring NFG for short, no
hurry (06:32 am) Mitch King:watching FOSL
for long (06:33 am) JoeyTSA :eye on
KNDI (06:33 am) Mitch’s Assist. :watching
PAY (06:35 am) JoeyTSA :eye on DDD
$92 (06:37 am) JoeyTSA :/ES trying to hold
pp for next leg up (06:37 am) JoeyTSA :/CL
moving up (06:39 am) JoeyTSA :DDD pulling
back (06:41 am) Mitch’s Assist. :watching
EAT (06:41 am) JoeyTSA :tighten GME if
short (06:42 am) JoeyTSA :keep YY on
radar (06:43 am) Mitch’s Assist. :watching
CNAT (06:43 am) JoeyTSA :tighten /ES if
short on loss of 1820, into 1817 level
mentioned earlier (06:44 am) Mitch
King:watching YY for top to short (06:45
am) JoeyTSA :eye on ZLTG (06:45 am) Mitch
King:expecting more downside for
SSYS (06:46 am) Mitch King:expecting more
downside on LULU (06:46 am) JoeyTSA :eye
on VJET also (06:47 am) Mitch King:looking
for more downside on ALGN (06:48 am)
JoeyTSA :caution with DDD, wide range
candles (06:49 am) JoeyTSA :eye on
GTLS (06:49 am) Mitch King:monitoring
FLT (06:50 am) JoeyTSA :business inv
report in less than 10min (06:51 am) Mitch
King:watching ICPT for bounce (06:54 am)
Mitch King:take time on ICPT (06:56 am)
Mitch King:expecting more downside on
AFSI (06:58 am) Mitch King:expecting DXCM
to sell down more (06:59 am) Mitch
King:more downside on SODA expected (06:59
am) Mitch King:more downside on ICPT before
bottom, not sure if any shorts available, if
none, just wait for bottom to buy, (07:00
am) JoeyTSA :getting a bounce on the
indices (07:01 am) Mitch King:watching
JAZZ for short on top of this bounce, take
time on these (07:02 am) JoeyTSA :tighten
DDD if you took it long (07:02 am) Mitch
King:TWC still trending up on buyout offer
from Charter (07:03 am) Mitch’s Assist.
:watching JACK (07:03 am) Mitch King:ICPT
hit 310 (07:03 am) Mitch King:watching
NDLS for top to short, (07:08 am) Mitch
King:should be more upside on ICPT, little
more (07:08 am) JoeyTSA :ee on GME dbl
bot (07:10 am) Mitch King:expecting more
downside on MCK (07:11 am) JoeyTSA
:tighten ZLTQ if you took that turtle long
🙂 (07:11 am) Mitch King:VVUS worth
watching for trades (07:11 am) Mitch
King:watching AFSI to resume
downtrend (07:12 am) Mitch King:expecting
microshort on SSYS with downtrend
continuing (07:13 am) Mitch King:ILMN
worth watching for trades (07:14 am) Mitch
King:watch ICPT to see if bounces off $305
level again, probably bounces before dropping
that low (07:15 am) Mitch King:expecting
more downside on SODA, still worth
short (07:29 am) Mitch King:PRGO should
have a little bounce, then watch for bounce
to fail and then short. looking for smaller
moves (07:29 am) Mitch King:watching
PRGO (07:34 am) Mitch King:consider
reducing PRGO long (07:35 am) Mitch
King:new low on ICPT (07:35 am) Mitch
King:when it weakens, you split the bid and
ask. you dont want to be panic
selling (07:35 am) Mitch King:on a rising
stock you should try to sell at ASK
price (07:39 am) Mitch King:ICPT 292,
should give another small long on next
bottom, especially if another 5-10
drop (07:41 am) Mitch King:ICPT, alert
alert (07:42 am) JoeyTSA :you should be
all out of ZLTQ by now (07:44 am) Mitch
King:should get $10 more out of ICPT
bounce, to $295 level (07:56 am) JoeyTSA
:CLDXvol spike (08:16 am) Qwert
:monitoring AGN (08:17 am) JoeyTSA
:tighten /ES if you got that break over
1826 (08:32 am) Mitch King:it is typical
bullshort on daily chart (08:32 am) Mitch
King:don’t forget about ICPT dropping,
eventually a decent bounce long will
happen (08:36 am) Mitch King:thats down
30% today alone (08:36 am) Mitch King:new
low on ICPT, 253 (08:40 am) Mitch
King:watching for bounce in SSYS on next
bottom (08:41 am) Mitch King:AGN lower
low, good one qwert (08:42 am) JoeyTSA
:TSLA spike (08:43 am) Mitch
King:monitoring ILMN, (08:44 am) Mitch
King:keep AFSI on a chart, trades both
ways (08:47 am) JoeyTSA :tighten TSLA if
long (08:51 am) Mitch King:no need for
market orders on ICPT, buying below bid
usually gets filled on a stock that moves
like this (08:51 am) Mitch King:i would
not expect the first bounce in ICPT would be
the bigger one but the 2nd one is stronger,
usually (08:52 am) Mitch King:some sort of
news on TSLA looks like (08:53 am) Mitch
King:Tesla jumps 6.5% to $148.36 after
reporting Q4 deliveries beat
guidance (08:55 am) JoeyTSA :tighten CLDX
on that bounce into $27 (08:56 am) Mitch
King:be flexible (08:56 am) Mitch
King:looking for $260 area on ICPT
bounce (08:58 am) JoeyTSA :watching
SBUX (09:09 am) JoeyTSA :tighten SBUX if
long (09:12 am) Mitch King:260 and
climbing on ICPT (09:50 am) JoeyTSA
:eye on INCY (10:00 am) Mitch King:higher
high on TSLA 152.74 (10:01 am) Mitch
King:note daily chart here, came down from
200 level to $119, then rebounding
now, (10:02 am) Mitch King:thats the about
the 2nd Fibonnacci number 61.8% (10:51 am)
Mitch King:ADM spike down (10:51 am) Mitch
King:JAH moving up slowly, not ready to
short, just monitoring, missed the long,
didnt see it soon enough (10:55 am) Mitch
King:that isnt a suggestion to go long, it
was intended to discourage you from shorting
soon (10:55 am) Mitch King:the JAH move up
is sustainable at this rate (11:01 am)
JoeyTSA :CZR vol spike (11:22 am) JoeyTSA
:tighten CZR if long, i
passed (11:39 am) Mitch King:SHLD
rumor (11:40 am) Mitch King:Rumor: Job
posting leads to speculation of Sears REIT
planning A Sears job posting for a
property tax manager has been circulated,
leading to speculation regarding the
company’s possible preparation for a REIT
plan, according to contacts (11:41 am)
JoeyTSA :eye on DDD $90 level, and
SSYS (11:44 am) Mitch King:might be short
here on SHLD, quickie (11:49 am) Mitch
King:usually you get 2nd helping on rumor
shorts. (11:49 am) Mitch King:covered SHLD
short, more trades probably coming (11:50
am) Mitch King:for about 40-50 cents, we
talking SHLD (11:50 am) Mitch King:if this
drops to 35.75 area, i would expect a
bounce (11:54 am) JoeyTSA :tighten
DDD (11:54 am) Mitch King:SHLD long might
be worth small position here 35.55 (12:29
pm) Mitch King:thats it for the SHLD
bounce, (12:33 pm) Mitch King:how did we
miss TEVA today, oh boy (12:34 pm) Mitch
King:this is new that drove it starting
almost 2 hours ago (12:34 pm) Mitch
King:Teva says ‘committed’ to reducing
costs Teva previously announced plans
to realize approximately $2B in annual cost
savings by the end of 2017, with
approximately $1B realized by the end of
2014. (12:59 pm) Mitch King:see you guys
tomorrow
| (05:20 am) JoeyTSA :Good morning
Qwert,regatta (05:21 am) JoeyTSA :3
reports up in 10min, then bus inv @
7pdt (05:23 am) Qwert :good morning Joey,
regatta (05:35 am) regatta :gm joey,
qwert (05:39 am) JoeyTSA :eye on low
priced OPTT (05:42 am) Qwert :just to let
you know , no shorts at lightspeed on
OPTT (05:43 am) JoeyTSA :thx Qwert, will
look for the long (05:45 am) JoeyTSA :TWC
might be taken over by Charter (05:45 am)
JoeyTSA :at least i think that was the story
that hit after yesterdays close (05:45 am)
Qwert :yahoo saying TWC rejecting the
offer (05:45 am) JoeyTSA :thx (05:49
am) JoeyTSA :yeah Qwert, ALNY another one to
keep on radar, esp after yesterdays
moves (05:50 am) Qwert :been some huge
movers the last few days (05:51 am)
JoeyTSA :sure has, GME losing $40 (05:55
am) skydiver :gm all – thnx for gappers
etc. (05:57 am) JoeyTSA :/CL trading near
R1, been trending up (05:57 am) JoeyTSA
:/ES tesin 1820, lets use 1817,1813 as
support areas under (05:58 am) Qwert :gm
sky (06:00 am) skydiver :gm qwert
– (06:00 am) JoeyTSA :nice quick pop on
/CL (06:01 am) JoeyTSA :pulling rigth back
to R1 (06:04 am) taco :gm everyone,
thx for gappers (06:05 am) skydiver
:gm taco (06:05 am) JoeyTSA :hey taco,
sky (06:05 am) taco :hi guys
🙂 (06:05 am) JoeyTSA :good morning to all
traders (06:05 am) skydiver :hey
joey (06:05 am) regatta :ISRG
up (06:06 am) skydiver :OPTT
announced they’ve made an agreement with
Australia – provide power – A$66.5 million
grant (06:06 am) JoeyTSA :ISRG another one
that i have troubles trading, usually due to
low vol though (06:06 am) JoeyTSA :i think
ISRG options have low vol also (06:08 am)
alan3 :GM everyone. (06:08 am)
skydiver :thnx joey on info on ISRG and
gm alan3 (06:09 am) JoeyTSA :sk: it might
have more vol today, usually has big earnings
moves (06:11 am) taco :MNOV low
price big move (06:11 am) skydiver
:gotcha joey – monitoring GME (06:11 am)
taco :really low vol (06:12 am)
JoeyTSA :thx taco, hot sector rigth
now (06:12 am) skydiver :thnx for
GME gapper down joey – just monitoring it for
now (06:13 am) skydiver :got to
remind myself – pre-market – can’t do market
purchases – only limit orders on
Lightspeed (06:14 am) skydiver :/CL
short worked this am (06:20 am) JoeyTSA
:thx Mitch (06:22 am) taco :thx
Mitch (06:22 am) skydiver :thanks as
well Mitch (06:31 am) skydiver :GME
– monitoring drop (06:31 am) JoeyTSA :/NQ
into pp, same with /ES (06:32 am)
skydiver :GME halted (06:32 am)
skydiver :sorry – still
moving (06:32 am) skydiver
:lGME (06:32 am) skydiver
:GME (06:33 am) JoeyTSA :its listed as
haltd though (06:33 am) skydiver
:yes – crazy – but still moving old
GME (06:34 am) JoeyTSA :the H is gone
sky (06:35 am) skydiver :thnx
joey (06:36 am) skydiver :TSLA – leg
down (06:39 am) JoeyTSA :stock moves not
as explosive as yesterday just yet (06:40
am) JoeyTSA :CL bounce from R1 to R2, indice
pullback (06:41 am) skydiver :3/4
covered GME short – thnx joey (06:41 am)
JoeyTSA :missed great short on SSYS (06:43
am) JoeyTSA :next leg down on /ES maybe to
1813?, then 1810 IF it drops (06:44 am)
JoeyTSA :DDD trying to hold $88 (06:45 am)
skydiver :GME short being
nice (06:47 am) JoeyTSA :just watching to
see what AAPL does with this $540
area (06:52 am) JoeyTSA :indices still
trending down,/YM giving good trdes
also (06:54 am) JoeyTSA :ALNY into $85
now (06:54 am) JoeyTSA :SSYS stillgiving
it up (06:58 am) skydiver :3/4 out
of GTES long – thnx joey (06:59 am)
skydiver :business inventory out soon
— (06:59 am) JoeyTSA :glad you got it
sky (06:59 am) skydiver :just heard
it on the audio (06:59 am) Mitch King:you
talking about GTLS sky (07:00 am)
skydiver :yes Mitch (07:00 am)
skydiver :Nov up .4 percent (07:00
am) skydiver :sorry about the typo –
GTLS earlier (07:01 am) JoeyTSA :thx sky,
is that good news? (07:01 am)
skydiver :argh – I think expectations
were less – had someone chat with me while
audio came on (07:01 am) JoeyTSA :i never
know how to read these reports (07:01 am)
skydiver :ok – consensos was for .3
percent so upo .1 percent compared to
expecations (07:02 am) JoeyTSA :/ES back
into pp (07:02 am) skydiver :can’t
type this morning (07:02 am)
skydiver :should have held onto more of
my position on GTLS – moving up
nicely (07:06 am) JoeyTSA :i get confused
on that inv report..not sure if more inv
means sales are up or are they backlogged d
ue to weaker sales (07:06 am) JoeyTSA
:guess i should study that 🙂 (07:06 am)
skydiver :I’m with you on that one joey
. . . let us know what you find ouit
🙂 (07:07 am) JoeyTSA :no prob, just
dont hold your breath for me to do that
haha (07:08 am) JoeyTSA :eye on ee…my
keyboard is still sticking, sorry for rotten
typos (07:08 am) skydiver
:lol! 🙂 (07:09 am) JoeyTSA
:supposed to say eye on, not
ee…arrrggg 🙂 (07:09 am)
skydiver :I think I’m buying a new
keyboard as well . . . using this Dell
keyboard – not my touch — (07:10 am)
Mitch King:i like Apple keyboards myself
skydiver, just personal preference. it
has different keyboard commands, i use with
PCs (07:10 am) JoeyTSA :i hate the feel of
my iMac keyboard (07:10 am) JoeyTSA :more
because it has softer touch, just not used to
it as much (07:11 am) JoeyTSA :but yes,
its a good keyboard (07:11 am)
skydiver :kind of like playing on a
Renner action keyboard on a great grand piano
vs a cheap junkie one (07:12 am) JoeyTSA
::) (07:13 am) JoeyTSA :DDD great
recovery, hitting $89, maybe gets to
$90 (07:14 am) JoeyTSA :quick
break (07:16 am) skydiver :see ya
joey — (07:37 am) skydiver :Have a
early meeting to get to – thnx for great
calls etc. Have a great day all
🙂 (07:40 am) Qwert :cya sky (07:44 am)
JoeyTSA :i mis-typed earlier on ZLTQ by
putting in zltG sorry for that (07:49 am)
regatta :watching SSYS (07:53 am)
JoeyTSA :yeah regatta, been a really good
short so far (07:55 am) JoeyTSA :eye on
ALNY if it crosses $90 (07:58 am) Mitch
King:you guys getting ICPT shares? ive
been seeing them show up last 2
days (08:00 am) JoeyTSA :eye on /CL as it
nears $92 (08:05 am) JoeyTSA :regatta: did
you catch SSYS, good call (08:06 am)
JoeyTSA :/NQ testing R1 area (08:06 am)
regatta :no, had to step away from
computer (08:07 am) JoeyTSA :gave great
hammer @ $114 (08:08 am) JoeyTSA :watching
/ES for break over 1826 (08:09 am) JoeyTSA
:if this level doesnt hold, possible pullback
to 1823 (08:16 am) Mitch King:good eye on
CLDX joey (08:17 am) JoeyTSA :i didnt take
it short, was looking for a break
higher (08:19 am) JoeyTSA :/NQ on great
run (08:21 am) regatta :watching
ANR (08:21 am) Mitch King:NQ just about
erased yesterdays loss (08:21 am) Mitch
King:/NQ (08:21 am) JoeyTSA :yeah, monster
move (08:24 am) Mitch King:AGN looking
toppy for you qwert (08:31 am) JoeyTSA
:ugly day again for ICPT (08:31 am)
JoeyTSA :too bad no options, could have made
a ton (08:32 am) JoeyTSA :shooting in NM
middle school (08:33 am) JoeyTSA :shooting
yesterday in FL theatre over
texting/popcorn (08:34 am) JoeyTSA :thx
for alerting AGN Qwert (08:34 am) JoeyTSA
:now go back to sleep 🙂 (08:39 am)
freitag8 :looking to go LONG /CL near
92.20 for a run at R1 (08:40 am) Qwert
:hahaha (08:41 am) Qwert :been helping out
the wife sometimes after we slow down, shes
getting pretty good (08:41 am) JoeyTSA
:real nice (08:46 am) JoeyTSA :Qwert: what
is your wife trading? (08:47 am) JoeyTSA
:i mean stocks,options,futures? (08:47 am)
Qwert :options (08:47 am) JoeyTSA
:nice (08:48 am) JoeyTSA :the TSLA$140C
shot from $4 to $9 (08:50 am) JoeyTSA
:SCTY on radar (09:00 am) JoeyTSA :will
watch 3560 on /NQ for move higher (09:01
am) JoeyTSA :great move off $92 on
/CL (09:04 am) Qwert :nice one on SBUX
joey (09:05 am) freitag8 :/CL
nearing R1 (09:06 am) JoeyTSA :interestig,
i have R1 @ 92.23 (09:06 am)
freitag8 :tighten if long at
92.20 (09:06 am) freitag8 :my 1 min
has it at 92.64 (09:06 am) JoeyTSA :and R2
@ 92.68 (09:07 am) JoeyTSA :i love using
them as targets (09:07 am) Qwert :mine
says 92.64 (09:07 am) JoeyTSA :both charts
have them the same on mine (09:07 am)
JoeyTSA :yesterday they were different
though (09:07 am) freitag8 :ToS has
R2 @ 92.87 (09:07 am) freitag8 :it’s
all different (09:08 am) JoeyTSA :either
way, beauty of a run 🙂 (09:09 am) Qwert
:real nice (09:12 am) freitag8 :I
got in at 92.26, out at 92.60 (09:16 am)
JoeyTSA :great trade freitag (09:17 am)
freitag8 :THX… CL at HOD (09:19
am) freitag8 :$50 more and I can call
it a day… (09:23 am) JoeyTSA :you have a
$400 target? (09:23 am) freitag8
:yes… but since I lost $25 yesterday it’s
$500 a day for the rest of the week (09:23
am) JoeyTSA :/ES ack over 1830 for the
momen (09:24 am) JoeyTSA :ahh,
gotya (09:24 am) JoeyTSA :/NQ still on
fire,blew thru 3560 (09:25 am)
freitag8 :1 min /CL just gave Thunder
sell (09:26 am) freitag8 :the
Thunder sell on /GC this morning was sure
right.. came in at just after 7:30
PST (09:27 am) JoeyTSA :AAPL up $6 since
that breakthru of $540 (09:35 am) JoeyTSA
:TSLA back into $150 (09:42 am)
freitag8 :Okay Elite Traders… I’m
calling it a day… hit $517 after
commissions so it’s a good day (09:42 am)
freitag8 :Good Trades every1 (09:43
am) Qwert :nice freit (09:44 am)
freitag8 :Thx Qwert (09:45 am)
JoeyTSA :good job freitag, enjoy your
day (09:57 am) Mitch King:sheesh, SSYS has
dropped from 135 yesterday to 113
today (10:03 am) JoeyTSA :got
hammered (10:05 am) regatta
:watching IRBT (10:05 am) Mitch King:yeah
some selling started on the first car fire,
then accelerated on 2nd car and then 3rd car
fire. i figured car industry or maybe
big hedge fund trying to create negative
press for short (10:07 am) Mitch King:then
there was news release on garage fire
implying the recharger was cause but all
fires including garage were accidents of some
sort, not related to design flaw.
although they are going to add thicker botom
carriage so metal objects falling from trucks
on freeway can’t penetrate through bottom as
easily (10:09 am) JoeyTSA :nice $2 bounce
on SSYS (10:31 am) Mitch King:that ICPT
candle is a bad tick. those are earlier
trades that were not p osted until now.
the exchanges/marketmakers/specialists are
required to post all trades (10:36 am)
kornipalli3 :Hi freitag8, for CL what
Time frame are you looking for Support
& Res? (10:39 am) Mitch King:he
left for the day korni (10:45 am)
kornipalli3 :Thanks Mitch (10:46 am)
kornipalli3 :Mitch, can you please let
me know which time frame to use for Support
& Resistance? (10:47 am) Mitch
King:everyone uses different charts
korni. i use 1 min and 2 min for stock
charts. i use 4 and 5 range charts for
futures and forex (10:47 am) Mitch King:im
not sure what freitag uses, what instrument
are you referring to, /CL crude
oil? (10:48 am) kornipalli3 :Yes, i
am referring to Crude Oil (10:48 am)
bill1 :I use 5 range (10:48 am)
Mitch King:ask JoeyTSA what Freitag uses, or
ask Freitag tomorrow kornipalli (10:48 am)
Mitch King:freitag comes in early, usually
around 530am pacific time (10:48 am)
kornipalli3 :ok, thank you (10:49
am) bill1 :And also watch 30min for
trend direction. (10:49 am) Mitch
King:usually the forex traders use a higher
time frame for trends, consistent with what
bill is saying here (10:49 am)
kornipalli3 :ok (10:50 am) Qwert :i
k=like to use 5min chart for trend direction
on /CL (10:50 am) kornipalli3
:thanks Qwert (10:50 am) bill1 :5min
is very nice too (10:52 am)
kornipalli3 :thanks Bill (10:59 am)
JoeyTSA :just getting back from
lunch.. (11:00 am) Mitch King:hey veggie,
you missed the SSYS bottom, TSLA move and
$120 pt drop on ICPT, hehe (11:00
am) JoeyTSA :kornipalli :i believe frietag
uses the 1min to trade, not sure if he is
using a longer timeframe for trend
direction (11:01 am) JoeyTSA :i was here
for SSYS (11:01 am) Mitch King:im just
razzing ya (11:02 am) JoeyTSA
::) (11:03 am) regatta :watching
BYD (11:03 am) JoeyTSA :nice one on
JAH (11:06 am) kornipalli3 :Thanks
Joey (11:07 am) JoeyTSA :no prb, wish i
had a better answer but i dont recall him
mentioning a longer timeframe ie 60min, daily
etc (11:13 am) skydiver :JAH –
strong – good call Mitc (11:14 am)
regatta :BYD bounce failed, wathcing
again (11:21 am) Mitch King:hey regatta,
did you get ICPT shares short? was real
good bullshort, could easily go below $200
next day or so (11:21 am) JoeyTSA :missed
huge move on REGN today (11:22 am)
regatta :did not short icpt today, to
many work distractions (11:23 am)
regatta :to=too (11:40 am) JoeyTSA
:yeah, they spiked about 10min ago and then
pulled back (11:49 am) Qwert :Bye everyone
gotta go to the airport cya in the
am (11:49 am) JoeyTSA :have a great day
Qwert (11:49 am) Mitch King:later
qwert (11:49 am) klas :cya
Quert (11:49 am) skydiver :covring
3/4 here on SHLD short – thnx Mitch (11:50
am) skydiver :all out of
SHLDshort (12:14 pm) Mitch King:the market
sure likes to hate SHLD (12:15 pm)
klas :AOL (12:21 pm) skydiver
:see you all tomorrow (12:24 pm) JoeyTSA
:bye sky, im out too. Thanks Mitch,
everyone…have a great day, see you
tomorrow (12:24 pm) JoeyTSA :TSLA trying
for $160 (12:27 pm) Mitch King:later joey,
sky (12:43 pm) regatta :mitch, if
murano could clone his blind squirrel we
would not miss movers like teva (12:59 pm)
Mitch King:im working on that right
now
|