(06:02 am) JoeyTSA :gap up: AAP, PRGO, TSLA
(06:03 am) JoeyTSA :gap down: NDLS, VIPS,
AMGN, FSFR
(06:13 am) Mitch King:05:30 *(US) INITIAL
JOBLESS CLAIMS: 311K V 295KE; CONTINUING
CLAIMS: 2.544M V 2.51ME – 4-week Avg: 295.75K
v 293.75K prior – Prior Initial Jobless
Claims revised higher from 289K to 290K –
Prior continuing claims revised higher from
2.518M to 2.519M – Source TradeTheNews.com
(06:14 am) Mitch King:05:30 *(US) JULY IMPORT
PRICE INDEX M/M: -0.2% V -0.3%E; Y/Y: 0.8% V
0.8%E – Prior YoY revised lower from 1.2% to
1.1% – Source TradeTheNews.com
(06:16 am) Mitch King:Premarket UP: PLUG,
BLDP, PRGO, VTNR Premarket DOWN: FNV, VIPS,
RMTI, DANG, FSFR, TKMR, XONE, NDLS, RRGB
WATCHING: WMT, KSS, PGR, GMCR, AMGN, NDLS,
OSTK, UPS, FDX, GE, AVGO
(06:17 am) Mitch King:here are earnings
aftermarket yesterday. beat expectations but
not whisper numbers: 13 Aug 13:02 [VIPS]
Reports Q2 $0.72 v $0.60e, R$829.4M v $792Me
– Guides Q3 Rev $850-860M v $829Me – Number
of active customers 9.3M, +167.9% y/y – Gross
margin 24.8% v 23.5% y/y – Source
TradeTheNews.com
(06:17 am) Mitch King:VIPS had strong move
last 20 min into close yesterday to 229.48,
showing down 13 from there at 216
(06:24 am) Qwert :RRGB a big gap down as well
this am
(06:31 am) JoeyTSA :eye on CSIQ
(06:32 am) Mitch King:monitoring NDLS
(06:33 am) Mitch King:watching VIPS for
trades
(06:33 am) Mitch King:watching PANW for
trades first one is a short
(06:34 am) Mitch King:watching XONE for
trades, next one is short on top of this
bounce, no hurry at all
(06:34 am) Mitch King:DDD microshortr
(06:35 am) Mitch King:watching PRGO for top
(06:36 am) Mitch King:watching ISIS for top
(06:36 am) Murano :monitoring AVGO at R3
(06:36 am) Mitch King:watchign BITA for
short
(06:37 am) Mitch King:watching AAL
(06:39 am) Mitch King:good volatility on
AOL< missed top
(06:39 am) Mitch King:watching EXXI for long
entry
(06:41 am) Mitch King:watching AZPN for
bottom to buy, best idea so far
(06:41 am) Mitch King:KSS more downside for
short, prefer rebound first to sell into
(06:41 am) Mitch King:watching NFLX
(06:42 am) Mitch King:give AZPN more time,
could hit 43
(06:43 am) Mitch King:use limit on AZPN 35
cent spread
(06:44 am) Mitch King:new low on VIPS
(06:44 am) Mitch King:be flexible on my
comments, esp on ARWR
(06:44 am) Mitch King:watchign ARWR, more
upside, could be runner to 15.50
(06:46 am) Mitch King:slow and gradual
selling on AZPN
(06:46 am) Mitch King:dont hurry to sell
AZPN
(06:47 am) Mitch King:watching ARWR retest of
top, if no new high then candidate for short
(06:48 am) Mitch King:looks strong though
(06:51 am) Mitch King:OVTI alert
(06:51 am) Mitch King:AZPN retest of low
could be another long entry
(06:59 am) JoeyTSA :watching 1947 area on
/ES, breakout mght push it to 1950
(07:02 am) Mitch King:watching YELP for
microshort,
(07:04 am) Mitch King:TFM new high
(07:05 am) Mitch King:VIPS short here be
nimble
(07:06 am) Mitch King:XONE worth monitoring
today, if gets to $25, shoould see
substantial bounce
(07:08 am) Mitch King:watching ARWR for
bounce for small tradable long then watch for
short after rebound
(07:10 am) Mitch King:the bounce in ARWR is
to about 14.10 area, be flexible, nimble
(07:11 am) Mitch King:read comments below
about ARWR
(08:02 am) Mitch King:USU hot one
(08:09 am) Qwert :CIEN takeover chatter
(08:39 am) Mitch King:NLNK ticks higher as
CNBC guest mentions
(08:39 am) Mitch King:NLNK
(08:50 am) Murano :monitoring RAX
(09:34 am) Mitch King:CSIQ new high
(10:05 am) Murano :monitoring TRW
(10:21 am) Murano :monitoring VRX
(10:47 am) Qwert :monitoring OVTI
(12:47 pm) Murano :monitoring MBLY
| (05:21 am) Murano :good morning
(05:22 am) george :good morning to all
(05:23 am) Qwert :Good morning Murano,
george, toby
(05:24 am) toby1115 :gm
(05:31 am) JoeyTSA :Good morning Qwrt,
Murano, george regatta, toby
(05:33 am) JoeyTSA :nat gas@ 7:30, 30yr bond
@ 10pdt
(05:36 am) regatta :gm all
(06:18 am) JoeyTSA :/CL coming into $97
(06:28 am) Murano :AOL moving up
(06:32 am) regatta :watching EXXI
(06:38 am) regatta :watching UPL
(06:49 am) JoeyTSA :nice move on GHPH so far,
missed it
(06:56 am) Mitch King:OVTI received $29 cash
offer for company,
(06:56 am) Mitch King:dont short those
(06:59 am) JoeyTSA :eye on AAL dbl top,
nothing pressing just yet
(07:12 am) Mitch King:the biotech sector has
been hot hot hot, and ARWR news is another
one but news like this gets old and stale in
the market. meaning that the late ones to
give biotech news after a hot run don’t have
same power and strenth so this isnt have a
strong tradable rebound
(07:12 am) Mitch King:nice thing is it has 3
cent spread most of the time but the short is
looking more interesting without a big
rebound.
(07:13 am) Mitch King:ok , sell into this
bounce here, sell yoru long here 14.14
(07:13 am) Mitch King:yes for sure, close
long, thats all you want
(07:13 am) Mitch King:then watch for short if
you can get higher prices, best to short
gradually with small positions initially
(07:13 am) Mitch King:im talking about ARWR
(07:15 am) Mitch King:if you sell short ARWR,
try to use SELL ASK button or sell above
current ask on a rising stock you are
itneresting in shorting or even selling long
(07:15 am) Mitch King:you cant use that
technique on a falling stock, you end up
chasing stocks to sell when selling already
started.
(07:16 am) Mitch King:this mindset will save
and make you more money, learn this
(07:16 am) Mitch King:but no worries on a
tight spread like ARWR
(07:16 am) Mitch King:when vol drops, spreads
usually increase
(07:18 am) regatta :watching FNSR
(07:23 am) Mitch King:nice double top on
ARWR, i call it a Adam and Eve double top,
based on shape
(07:23 am) Mitch King:sorry for analogy but
it works for me
(07:24 am) Mitch King:no news on FNSR
(07:34 am) Qwert :Nice call on FNSR regatta
(07:37 am) akram :gpro
(07:42 am) akram :usu
(07:43 am) Mitch King:lot of upside on GPRO
(07:43 am) Mitch King:looking at daily chart
(07:43 am) Mitch King:good eye akram
(07:43 am) Mitch King:USU was that hot one
around July 4th, really went nuts
(07:43 am) akram :thanks
(07:46 am) regatta :watching SC
(07:47 am) JoeyTSA :/ES still trying for
1950
(07:51 am) regatta :watching /CL
(07:54 am) JoeyTSA :/CL went ballistic
(07:54 am) JoeyTSA :in volume
(07:54 am) Mitch King:good one on USU akaram,
you got 2 fortune cookies today
(07:54 am) JoeyTSA :heck of a drop once it
lost $97
(07:54 am) Mitch King:your fortunes might say
“Don’t worry about the stock market, invest
in family”
(07:55 am) Mitch King:i dont know who keeps
giving me those
(07:56 am) JoeyTSA :i like that one
(08:03 am) Mitch King:USU should tail slide
(08:04 am) Mitch King:maybe 6.15 area
(08:05 am) Mitch King:so much for tail slide
(08:05 am) Qwert :USU on fire
(08:06 am) Mitch King:blowoff top on last
candle
(08:06 am) Qwert :theres your tail slide
Mitch
(08:09 am) Mitch King:forgot to turn on
projector, sorry about that
(08:41 am) Mitch King:KATE active
(08:50 am) dmitry :rax
(08:59 am) Mitch King:good eye dmtry
(09:01 am) regatta :watching EXXI again
(09:34 am) JoeyTSA :CSIQ still climbing from
th lows
(10:08 am) Murano :must be some news on TRW
(10:33 am) rd :vrx news is a sec
investigation into ackman takeover.
(10:33 am) JoeyTSA :thx rd
(10:35 am) regatta :watching /CL
(11:33 am) JoeyTSA :funny, they just dumped
ice water on cramer on cnbc
(11:54 am) Mitch King:every penny that NLNK
went up on cnbc guess was given up
(11:55 am) Mitch King:that was an 8% short
potential profit
(11:56 am) JoeyTSA :AMZN having a decent day
(11:58 am) Mitch King:yeah it started
yesterday, i saw it on yesterdays scanner
(11:58 am) JoeyTSA :had a decent week
(12:24 pm) Qwert :Gonna take off cya all in
the am, some great calls today thx
(12:24 pm) Murano :seeyou Qwert
(12:24 pm) JoeyTSA :bye Qwert, im out too.
Thanks Mitch, Murano,Qwert,traders..see you
all tomorrow
(12:25 pm) Murano :see you Joey
(12:41 pm) dmitry :PIP cant belive I missed
it! :((
(12:53 pm) Murano :done for the day, see you
tomorrow
(12:53 pm) Mitch King:thanks murano
(12:55 pm) rd :thanks and take care. see you
tomorrow.
(01:00 pm) Mitch King:thx rd
(01:00 pm) Mitch King:thx murano
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