(05:15 am) JoeyTSA :levels /ES 2047-2055; /NQ
4220-4230; /CL 48.40-48.80
(05:15 am) JoeyTSA :job rate,hr earnings @
5:30, wholesale inv @ 7 pdt
(05:40 am) Mitch King:05:30 *(US) DEC CHANGE
IN NONFARM PAYROLLS: +252K V +240KE; CHANGE
IN PRIVATE PAYROLLS: +240K V +225KE – Change
in Manufacturing Payrolls: +17K v +15Ke –
Two-month Net Revision: +50K v +44K prior-
Birth-Death Adjustment: K v +8K prior- Prior
Change in Nonfarm Payrolls revised higher
from +321K to +353K- Prior Change in Private
Payrolls revised higher from +314K to +345K-
Prior Manufacturing Payrolls revised higher
from – Source TradeTheNews.com
(05:40 am) Mitch King:05:30 *(US) DEC
UNEMPLOYMENT RATE: 5.6% V 5.7%E (lowest since
June 2008) – Underemployment Rate: 11.2% v
11.4% prior- Change in Household Employment:
+111K v +310Ke- Civilian labor force
Participation: 62.7% v 62.8% prior (lowest
since Sept 2008)- Number of unemployed: 8.7M
v 9.11M prior – Labor force: 156.1M v 156.4M
prior – Source TradeTheNews.com
(05:40 am) Mitch King:05:30 *(US) DEC AVERAGE
HOURLY EARNINGS M/M: -0.2% V +0.2%E (first
negative reading in a year); Y/Y: 1.7% V
2.2%E; AVERAGE WEEKLY HOURS: 34.6 V 34.6E –
Prior Hourly Earnings MoM revised lower from
0.4% to 0.2%- Prior Hourly Earnings YoY
revised lower from 2.1% to 1.9% – Source
TradeTheNews.com
(06:00 am) Mitch King:spike in CL on pit
opening last minute
(06:17 am) Mitch King:Premarket DOWN: CIG,
NUAN, SAN, BBBY, GMLP, FIVE, CTSO, SBLK,
ADMP, CNAT
(06:17 am) Mitch King:Premarket UP: AGEN,
PTLA, BITA, INFY, YELP NVAX, ARNA
(06:18 am) Mitch King:for any CL traders
looking for bottom on this drop, for quick
15-20 tick rebound
(06:19 am) Mitch King:watch HALO for trades
today both ways
(06:29 am) Mitch King:consider selling CL if
you went long
(06:30 am) Mitch King:watching HALO for buy
on dip, bigger dip better
(06:31 am) Mitch King:watching FIVE for long
entry on drop here
(06:33 am) Mitch King:monitoring CAVM, low
priority
(06:34 am) Mitch King:watching AEIS for
short
(06:35 am) Mitch King:monitoring WDC for top
to short, microshort
(06:35 am) Mitch King:watching STX for
trades
(06:35 am) JoeyTSA :eye on BABA
(06:36 am) Mitch King:watching ES drop
(06:36 am) Mitch King:watching CL 2-15 for
long entry ag
(06:38 am) Mitch King:monitoring WYNN for
uptrend
(06:41 am) Mitch King:watcing BITA for short
soon
(06:45 am) Mitch King:watching ATHM
(06:48 am) Mitch King:monitoring NOW, more
downside likely
(06:48 am) Mitch King:watching ES for bottom,
let it drop
(06:56 am) Mitch King:watching AMBA for top
to short
(06:56 am) Mitch King:watching SYRG for
bottom
(07:15 am) Mitch King:consider covering BITA
if short
(07:16 am) Mitch King:monitoring ISIS for
top, no hurry
(07:22 am) Mitch King:consider covering ATHM
if short
(07:26 am) Mitch King:Nasdaq index
approaching lows of days, expecting new lows
to be made lower
(07:28 am) Mitch King:consider covering most
of ISIS if short
(07:29 am) Mitch King:new low on ES
(07:33 am) Mitch King:cover AMBA if short, or
most of it
(07:37 am) Mitch King:watching HALO for top
to short
(07:52 am) Mitch King:next support for CL is
around 47.75
(08:01 am) Mitch King:CL 2-15 good long entry
point, small positi
(08:14 am) Mitch King:new lows on indexes
(10:58 am) Mitch King:ALR moving
(01:03 pm) Mitch King:see you Monday
| (05:44 am) george :GM Mitch, Joey
(05:45 am) JoeyTSA :gm Mitch, george
(05:45 am) Mitch King:hi boys
(05:46 am) toby1115 :gm
(05:49 am) Mitch King:that big move on right
chart is SP futures after unemployment rate
went down a little and higher job creation
this month
(06:09 am) skydiver :gm all
(06:22 am) taco :gm all
(06:37 am) skydiver :watching TSLA and HALO
for bottom
(06:39 am) JoeyTSA :BITA nice bounce
(06:42 am) Mitch King:big spread on BITA,
sell at ask, buy at bid
(06:42 am) JoeyTSA :yeah, bounce all over
(06:44 am) Mitch King:05:59 [BITA] JD.com
and Tencent enter strategic partnership with
Bitauto, will invest $1.3B in Bitauto and
take 28.3% stake Entered into definitive
agreements pursuant to which JD.com and
Tencent will make investments in Bitauto
totaling approximately US$1.3 billion in cash
and resources, and investments totaling
US$250 million in cash in YiXin Capital
Limited – Source TradeTheNews.com
(06:44 am) JoeyTSA :thx
(06:48 am) skydiver :SPY double bottom
(06:48 am) JoeyTSA :/NQ all over the place so
far
(06:49 am) skydiver :JOY – take over
chatter
(06:53 am) skydiver :BBY weak
(06:53 am) skydiver :BBBY t ht is
(06:57 am) skydiver :JOY finally dropped –
all out
(07:04 am) skydiver :missed GPRO break out
(07:08 am) skydiver :IBM speculation of
activist investor
(07:12 am) JoeyTSA :my time is up for now,
hope to be back around 9….make good trades
(07:12 am) skydiver :ISIS moving up
thismorning
(07:13 am) skydiver :take care joe
(07:13 am) skydiver :joey
(07:19 am) Mitch King:sorry late with this
news: 07:00 *(US) NOV WHOLESALE INVENTORIES
M/M: 0.8% V 0.3%E; WHOLESALE TRADE SALES M/M:
-0.3% V 0.0%E – Prior Wholesale Inventories
MoM revised higher from 0.4% to 0.6%- Prior
Wholesale Sales revised lower from 0.2% to
0.0% – Source TradeTheNews.com
(07:20 am) skydiver :thnx Mitch – no
problem:)
(07:37 am) Mitch King:this rebound here in ES
should be important
(07:48 am) skydiver :KITE – strog so far
this morning
(07:51 am) Mitch King:yeah KITE is a biotech
isnt it?
(07:51 am) Mitch King:that sector been really
strong
(07:51 am) skydiver :right
(07:52 am) Mitch King:yeah, cancer cell
treatment products, price targets raised this
week
(07:53 am) skydiver :thanks
(07:57 am) Mitch King:sounds like the Paris
police have these two bad guys cornered
(08:18 am) Mitch King:i think markets are
being held down by this Paris hostage
situation,
(08:18 am) Mitch King:on a short term basis
(08:20 am) Mitch King:first reports that the
two bad guys attacking cartoon newspaper were
killed but there is another hostage situation
at a grocery
(08:20 am) Mitch King:i think this is making
market nervous
(08:37 am) skydiver :SPY moving up –
reducing 3/4 on three longs TSLA JOY CAT
(08:37 am) skydiver :I did not post as felt
were too risky but working
(08:40 am) skydiver :TSLA at S1
(08:40 am) skydiver :S2 that is
(08:40 am) skydiver :all ou of longs
(08:42 am) Mitch King:good one sky, TSLA
going with indexes
(08:42 am) skydiver :thnx — sorry I did not
mention earlier, but thouigh it was worth a
try on longs
(08:44 am) skydiver :SPY trying to go
higher. . .
(08:57 am) skydiver :BLUE moving
(09:09 am) JoeyTSA :/NQ coming to test pp
res
(11:06 am) Mitch King:wild moves in CL now in
last 25 min before pit closes
(11:15 am) Mitch King:CL is doing the exact
same thing as yuesterday, after big selloff,
it moves up sharply in last 30 min
(11:19 am) skydiver :Have some appointments
to get too — Thanks for great calls as usual
. . Have a great week-end and see you all
Monday 🙂
(11:19 am) JoeyTSA :enjoy sky
(11:19 am) skydiver ::)
(11:36 am) JoeyTSA :calling it a week,
thanks Mitch,Qwert,traders
(11:36 am) JoeyTSA :enjoy theweekend, see you
all on monday
(12:52 pm) Mitch King:ALTR came down nicely,
1-2 cent spread but low vol
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