(05:57 am) Mitch King:6/25/2014 5:30:04 AM
*(US) MAY DURABLE GOODS: -1.0% V 0.0%E;
DURABLES EX TRANSPORTATION: -0.1% V +0.3%E-
Capital Goods Orders Non-defense/Ex-aircraft:
+0.7% v +0.5%e – Capital Shipments
Non-defense/Ex-aircraft: +0.4% v +1.0%e –
Ex-Defense: +0.6% v -0.8% prior – Source
TradeTheNews.com
(05:57 am) Mitch King:6/25/2014 5:30:04 AM
*(US) Q1 FINAL GDP PRICE INDEX: 1.3% V 1.3%E;
CORE PCE Q/Q: 1.2% V 1.2%E – Source
TradeTheNews.com
(05:56 am) Mitch King:Premarket UP: MDCI,
AERI, POWR, BKS, MON, FRO, SQGB, Premarket
DOWN: PRTA, VLO, CVRR
(06:08 am) Mitch King:we should have the same
pattern with AERI today as we have seen
repeatedly on high flying biotechs that get
good FDA trial results on their drugs in
development
(06:09 am) Mitch King:which is a big peak,
downtrend with some tradable oversold
rebounds. shorts usually outperform
(06:12 am) JoeyTSA :watching /CL
106.00-106.40; ES 1937-1940; /NQ 3783-3790
(06:17 am) Mitch King:related to glaucoma
treatment
(06:17 am) Mitch King:6/25/2014 3:00:18 AM
Aerie Pharmaceuticals Reports RoclatanTM
Phase 2b Results Achieve All Clinical
Endpoints- AERI reported the successful
results of its Phase 2b trial for once-daily,
quadruple-action RoclatanTM, a combination of
Aeries triple-action RhopressaTM with
latanoprost, a prostaglandin analogue (PGA).
– Source TradeTheNews.com
(06:24 am) Mitch King:this lower left chart
is VLO and worth monitoring
(06:31 am) Mitch King:watching CTRP
(06:31 am) Mitch King:watching ROSE for
trades
(06:32 am) Mitch King:also watching TSO, same
category as VLO, oil refineries/retail gas
stations
(06:32 am) JoeyTSA :watching VLO
(06:32 am) Mitch King:watching MEOH
(06:33 am) Qwert :watching MPC
(06:33 am) Mitch King:SM moving
(06:33 am) Mitch King:monitoring MON
(06:36 am) Mitch King:monitoring CRZO
(06:36 am) Mitch King:monitoring FANG
(06:40 am) Mitch King:SINA moving
(06:40 am) Qwert :monitoring PXD
(06:43 am) JoeyTSA :tighten BIDU if you took
it long
(06:44 am) JoeyTSA :strong move gets it to
1947
(06:44 am) Mitch King:monitoring GLNG for
trades
(06:44 am) JoeyTSA :using /ES 1943 as next
potential breakout
(06:45 am) JoeyTSA :/NQ pushing for 3800
(06:45 am) Mitch King:6/25/2014 6:45:02 AM
*(US) JUN PRELIMINARY MARKIT US SERVICES PMI:
61.1 V 58.0E- Composite PMI: ## v 58.4 prelim
– Employment Index: ## v 53.2 prelim – Source
TradeTheNews.com
(06:47 am) Mitch King:watching EMES for short
on top of bounce, looking for $100 level
(06:49 am) Mitch King:consider reducing TSO
if long
(06:50 am) JoeyTSA :only report left that i
see is crude inv in 40min
(06:54 am) Mitch King:watching CTRP for
short
(06:57 am) Mitch King:TSO, VLO PSX moving up,
oil refineries/retailers
(06:58 am) JoeyTSA :BIDU $185 on radar
(07:01 am) Mitch King:watching ARRS for
rebound
(07:09 am) Mitch King:SBGI
(07:10 am) Mitch King:IACI lost ruling in
supreme court
(07:10 am) Qwert :waqtching FOXA
(07:14 am) Mitch King:many other stocks,
CMCSA, NFLX, DISCA,
(07:14 am) Mitch King:CBS, SBGI, IACI all
related to Supreme court case that just was
handed down 5 min ago
(07:15 am) Mitch King:NXST moving
(07:16 am) Mitch King:watching CTRP for short
soon, watching this double top here
(07:16 am) Mitch King:long ROSE 52.02, sorry
for late post, was distracted by IACI news
(07:17 am) Mitch King:getting sell signal on
EMES 101.05
(07:19 am) Mitch King:too early to buy CBS
long,
(07:25 am) Mitch King:OUTR new low of day
(07:26 am) Mitch King:ARRS new low of day
(07:30 am) Mitch King:6/25/2014 7:30:04 AM
*(US) DOE CRUDE: +1.74M V -1ME, GASOLINE: ##
V +1ME, DISTILLATE: ## V +1ME- Utilization: %
v 87.9%e – Distillate demand K to 3.xxM bpd –
Gasoline demand K to 9.xxM bpd – Cushing
crude stocks K at 21.xxM bbl – US Gulf Coast
oil stocks M barrels to 205.xM barrels –
Strategic petroleum reserve UNCHANGED at
690.97M – Source TradeTheNews.com
(07:43 am) JoeyTSA :eye on NXST
(07:45 am) Murano :monitoring UBNT
(08:44 am) Mitch King:6/25/2014 8:23:49 AM
Schlumberger Ltd Guides FY17 EPS $9.00-10.00,
rev +7-8%, ROCE to be over 20% – analyst day-
By FY17 free cash flow to be 75% of earnings
– Source TradeTheNews.com
(08:40 am) Mitch King:SLB new high
(09:18 am) Murano :monitoring BBY approaching
R3
(10:10 am) Qwert :VLO spike
(10:11 am) Mitch King:also TSO spike too
(10:12 am) Mitch King:White House reiterated
no change in US official policy on oil
exports, affecting refineries TSO, VLO
(10:16 am) Mitch King:watching DDD for a
bottom to buy, just above $57 would be good
(10:52 am) Murano :watching ETE
(11:51 am) Murano :watching VRTX
(12:20 pm) JoeyTSA :TIF vol spike
(12:47 pm) Qwert :NI spike
| (05:29 am) Qwert :good morning mitch,
regatta
(05:35 am) regatta :gm qwert and mitch
(05:55 am) skydiver :AERI – Aerie
Pharmaceuticals’ Roclatan shows positive
Phase 2b results
(05:57 am) skydiver :thnx Mitch
(06:00 am) skydiver :BKS – split retail and
nook business companies – reason it is up
according to CNBC squawk on the street
(06:00 am) skydiver :split = splitting
(06:09 am) skydiver :thnx Mitch – good to
know
(06:21 am) skydiver :AERI short working so
far . . . .
(06:23 am) Mitch King:yeah, good job sky
(06:24 am) skydiver ::)
(06:27 am) regatta :just been watching /HG
(copper) futures
(06:29 am) JoeyTSA :have never looke at /HG
(06:29 am) Mitch King:Yeah reg, copper real
active
(06:35 am) JoeyTSA :eye on BIDU $182
(06:35 am) skydiver :watching HBI – low
volume stock however
(06:36 am) JoeyTSA :/ES decent push thru
1940
(06:43 am) JoeyTSA :BIDU still moving
(06:43 am) skydiver :nice one on BIDU joey
(06:43 am) skydiver :3/4 out of BIDU long
(06:45 am) skydiver :SPY moving up
(06:45 am) JoeyTSA :/CLlost $106
(06:46 am) skydiver :WWWW trying to move up
(06:46 am) skydiver :all out of BIDU long
for now
(06:48 am) JoeyTSA :nice job sky 🙂
(06:48 am) JoeyTSA :missed nice bounce onTSO
(06:49 am) skydiver :thnx joey – and thanks
for call on BIDU 🙂
(06:49 am) JoeyTSA :now you sit back and let
trades come to you
(06:50 am) regatta :watching TRIP
(06:51 am) JoeyTSA :keep eye on GLNG $57
(06:51 am) skydiver :sounds good — so far
all trades green so far 🙂 GLNG? ok
(06:51 am) JoeyTSA :Mitch mentioned it
(06:51 am) skydiver :right
(06:51 am) JoeyTSA :$57 seems to bea sticking
point at the moment
(06:52 am) JoeyTSA :but stong push could set
up move to $60 ?
(06:52 am) JoeyTSA :i would target lower
though dependin on how long your hold time
is
(06:52 am) Mitch King:GLNG hit new high of
day sky
(06:52 am) JoeyTSA :20-25c pread
(06:52 am) Mitch King:that tells me to hold a
few more minutes longer as long as it keeps
hitting new highs
(06:53 am) skydiver :gotcha Mitch – ok
(06:54 am) Qwert :ADPT ipo open
(06:56 am) Qwert :sorry my esignal is acting
crazy need to restart
(07:00 am) JoeyTSA :market stalling a bit, so
dont rush any breakout moves
(07:00 am) skydiver :TSLA – been dropping
for a bit
(07:00 am) JoeyTSA :yeah sky, just looked at
that dbl it gave
(07:00 am) skydiver :right — I missed it
entirely — too busy on other stocks
(07:01 am) JoeyTSA :the macd/sochs gave mixed
signals for me
(07:01 am) JoeyTSA :macd was neg div which
usually leads me to think a pullback is
coming
(07:02 am) JoeyTSA :stochs held, so i
probably would have passed had i noticed it
in real time
(07:02 am) skydiver :gotcha joey
(07:02 am) JoeyTSA :but in hindsight, you
should have shorted 10M shares 🙂
(07:02 am) Qwert :hahaha
(07:03 am) skydiver :lol joey — yes
hindsight is very accurate 🙂
(07:04 am) Mitch King:new low on ARRS
(07:05 am) JoeyTSA ::)
(07:06 am) JoeyTSA :see if /NQcan hold 3790
now aftr this pullback from 3800
(07:10 am) skydiver :AERO – lost supreme
court decision – it has violated copy CBS up
due to decision
(07:12 am) JoeyTSA :strong move on CBS
(07:14 am) JoeyTSA :breaktime, great calls,
back in 25
(07:14 am) skydiver :enjoy joey
(07:16 am) regatta :watching CMGE
(07:21 am) Mitch King:6/25/2014 7:20:07 AM
(US) Supreme court rules against police
warrantless search of cellphones; vote 9-0-
‘This is a sweeping endorsement of digital
privacy.”- – Source TradeTheNews.com
(07:30 am) Mitch King:MTLS ipo open sky,
(07:32 am) skydiver :thanks Mitch — got
pulled out of office for a bit
(07:32 am) Mitch King:too slow joe, bottom
already gone for you
(07:33 am) Mitch King:put sign on your door
that you are day trading, DO NOT DISTURB
(07:33 am) skydiver ::)
(07:33 am) Mitch King:and otherside of sign
says IPO in progress
(07:33 am) skydiver :caught MTLS long
however at 11:43
(07:34 am) Mitch King:i’d take that
(07:34 am) skydiver :all out of MTLS
(07:34 am) skydiver :;)
(07:34 am) Mitch King:i must have sold it to
you, i went long at 11.29, was quick one
(07:35 am) skydiver :sure was
(07:35 am) Mitch King:thats a nice little pop
4%
(07:35 am) Mitch King:now this EMES short is
a slow motion move,
(07:36 am) regatta :EMES definitely not a
sky trade 🙂
(07:36 am) Mitch King:remember that going in
for another long on MTLS or any ipo, the
oscillations will decrease, so smaller profit
potential
(07:36 am) Mitch King:right reg, lol
(07:36 am) Mitch King:EMES is the kind of
trade you can have half dozen of them
(07:37 am) Mitch King:see how EMES rebounded
almost $6 a share and came up to the
black/red dash line? thats the 200
ema/200sma and often, very often that is a
resistance level on a 1 min chart
(07:38 am) harlen444 :thank you very much
for keeping up the charts on aeri and sbgi. I
made some money
(07:38 am) skydiver :nice harlen444
(07:40 am) Mitch King:good job harlen. hey
harlen, i tried to message you but you keep
closing the popup message. its not a spam
message, lol
(07:40 am) Mitch King:was a couple weeks ago
(07:44 am) skydiver :ipo AMPH opening in
about 7 minutes — low priced one – so not
much interest on my part – also I have to
leave pretty soon . . .
(07:48 am) regatta :watching MTZ
(07:50 am) Mitch King:hey sky, watch MTLS
around $11 for a support level
(07:50 am) skydiver :ok
(07:50 am) skydiver :ipo – AMPH open
(07:50 am) skydiver :low priced one however
– so . . . just watching
(07:51 am) Mitch King:hey sky
(07:51 am) Mitch King:forget MTLS, spread
went big, NO GO
(07:51 am) skydiver :just going to ask you
that — thanks
(07:52 am) Murano :reduce UBNT if long
(07:52 am) skydiver :nice Murano on UBNT
(07:53 am) Murano :thanks sky
(07:54 am) skydiver :AERI dropping
(07:55 am) skydiver :covering last piece of
AERI — got to shut down for now — I will
try to get on later . . .thanks again for
great calls etc. 🙂
(07:55 am) JoeyTSA :great job sky, enjoy the
day
(07:56 am) skydiver :you too joey 🙂 I’m
gone
(07:56 am) Murano :see you sky
(07:56 am) skydiver :and you too oMurano –
thanks and everyone else 😉 ok now I’m gone
for sure 🙂
(07:58 am) Mitch King:that AERI spread got
big too
(07:59 am) Mitch King:taking 20 min break
(07:59 am) JoeyTSA :enjoy Mitch
(08:14 am) JoeyTSA :/NQ nice run past 45 min
or so
(09:14 am) regatta :just now saw KERX
(09:36 am) Murano :reduce BBY if short
(09:38 am) regatta :watching VLO
(09:38 am) Murano :looking for 30.10 area
last 1/4 BBY
(09:39 am) Murano :stop at 30.45 BBY
(09:40 am) klas :Nice Murrano BBY
(09:40 am) Mitch King:monitoring DDD
(09:41 am) Murano :thanks klas
(09:45 am) Murano :out last 1/4 BBY
(10:05 am) skydiver :spy
(10:05 am) skydiver :sorry – wrong screen —
🙂
(10:45 am) Murano :monitoring ETE
(10:54 am) JoeyTSA :nice catch on ETE
(11:05 am) Murano :reduce ETE if short
(11:09 am) Murano :looking nfor 55.40 area
last 1/4 ETE
(11:09 am) Murano :stop nat 56.20
(11:14 am) Murano :stopped last 1/4 ETE
(11:16 am) Murano :ETE directors approved the
company building an 1100 mile pipeline
(11:23 am) JoeyTSA :/ES testing 1950 again
(11:25 am) Murano :monitoring UTEK
(11:36 am) regatta :watching GRUB
(11:36 am) Qwert :TSLA moving a bit
(11:40 am) Murano :I don’t see a trade on
UTEK at this point
(11:47 am) skydiver :TSLA strong against SPY
dropping — I shorted it a bit ago . . .
would be nice to drop further 🙂
(11:48 am) skydiver :covered 3/4 TSLA short
here
(11:48 am) skydiver :thnx qwert for getting
my eyes on TSLA
(11:49 am) skydiver :all out of TSLA short
(11:51 am) skydiver :any ideas on GRUB
moving up?
(11:52 am) Qwert :pretty big spread on GRUB
(11:56 am) skydiver :lost internet for a
moment – back . .
(12:02 pm) Murano :out all VRTX mishandled
the trade
(12:13 pm) skydiver :3/4 out of GRUB long
(12:13 pm) JoeyTSA :nice move on GRUB
(12:14 pm) skydiver :Thanks regatta for
GRUB
(12:15 pm) skydiver :all out of GRUB long
(12:20 pm) Murano :reduce VRTX if long
(12:21 pm) skydiver :GRUB still moving . . .
should have kept that last piece — 🙂
(12:23 pm) skydiver :VOLC – spike
(12:25 pm) Murano :done for the day, see you
tomorrow
(12:25 pm) JoeyTSA :bye murano,enjoy
(12:26 pm) Qwert :bye Murano have a great
night
(12:26 pm) JoeyTSA :Thanks Mitch,
Murano,Qwert,traders..have a great day, see
yuo al tomorrow
(12:26 pm) skydiver :take care Murano –
great calls today – and see ya joey
(12:26 pm) Qwert :cya Joey
(12:31 pm) klas :See ya joey, Murano
(12:35 pm) skydiver :SPY – another leg up
(12:40 pm) regatta :just watching IM
(12:46 pm) skydiver :Done for the day.. see
you all in the morning
(12:47 pm) Qwert :cya sky
(01:05 pm) Qwert :Bye everyone cya in the
am
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