(06:00 am) JoeyTSA :early gap up:
KTOS,RYAAY,HLF,TWTR,ARTC
(06:00 am)
JoeyTSA :early gap down:
JOS,MDVN,FEFE,OKE,UNTD
(06:25 am) Mitch’s
Assist. :February 3, 2014. Monday Pre Market
UP: AAPL, ARTC, KTOS, TSLA, FB,
HLF, Pre Market DOWN: FEYE, AMZN,
VMW, STWD,
(06:30 am) JoeyTSA :ye on
HLF
(06:30 am) Mitch King:MONITORING
tdw
(06:31 am) Mitch King:watching
LRCX
(06:31 am) Mitch King:watching COLB
for top
(06:32 am) Mitch King:watching
ITMN for bottom, no hurry
(06:32 am) Mitch
King:watching LUK for bottom
(06:33 am)
Mitch King:watching KTOS for move
up
(06:34 am) Mitch King:monitoring
HSY
(06:34 am) Mitch King:expecting KTOS
to move up substantially
(06:35 am)
JoeyTSA :VRTX strong so far
(06:35 am)
Mitch King:AGO toppy for short
(06:36 am)
Mitch King:watching N
(06:38 am) Mitch
King:monitoring WDR
(06:39 am) Mitch
King:monitoring ORMP drop
(06:39 am) Mitch
King:monitoring ANAC
(06:40 am) Mitch
King:MW bouncing, late to see
(06:40 am)
Mitch King:monitoring T for bottom
(06:41
am) Mitch King:sorry
(06:41 am) Mitch
King:cake
(06:41 am) Mitch King:monitoring
F drop
(06:42 am) Mitch King:watching ORMP
closer
(06:43 am) Mitch King:monitoring
NOV drop, no hurry
(06:45 am) Mitch
King:watching CAH for bottom, no
hurry
(06:46 am) Mitch King:watching XLY
for bottom to buy, more downside
first
(06:47 am) Mitch King:both F and GM
dropping, GM more interesting
(06:47 am)
Mitch King:LIVE moving up
(06:49 am) Mitch
King:monitoring MBI for top
(06:50 am)
Mitch’s Assist. :watching GMCR
(06:50 am)
Mitch King:reducing GM
(06:50 am) Mitch
King:watching BID drop
(06:51 am) Mitch
King:consider reducing ORMP if long
(06:52
am) Mitch King:monitoring BAP, big spread, no
hurry
(06:53 am) Mitch King:watching MNTA
for bottom
(06:54 am) Mitch
King:monitoring CELG for bounce
(07:02 am)
Mitch King:AGQ
(07:02 am) Mitch King:AGQ
akert
(07:02 am) Mitch’s Assist. :watching
NKE
(07:02 am) JoeyTSA :tighten UVXY if
you got that pop
(07:02 am) Mitch
King:watching RGEN for bottom
(07:04 am)
Mitch King:this is a silver ETF, leveraged i
think 3 to 1
(07:05 am) Mitch King:SLV
also moving,
(07:06 am) JoeyTSA :eye on
AKAM
(07:06 am) Mitch King:monitoring
AMZN
(07:06 am) Mitch’s Assist. :watching
JNUG
(07:11 am) Mitch King:like that vol
increase and price drop on AKAM
(07:12 am)
Mitch King:watching BCEI for bottom
(07:14
am) Mitch King:watching DATA for
bottom
(07:14 am) JoeyTSA :/ES testing
1760 area
(07:16 am) JoeyTSA :be very
cautious if you are thinking of going
long
(07:17 am) JoeyTSA :weirdvol spike on
WWW, just watching
(07:17 am) Qwert
:monitoring VNDA
(07:20 am) Mitch
King:monitoring PII
(07:22 am) Mitch
King:should get a bounce in overall market
indexes within next hour
(07:27 am) Mitch
King:monitoring WLT
(07:32 am) Mitch
King:watchign VRSN
(07:44 am) Mitch
King:monitoring AOL
(07:45 am) Mitch
King:micro short SIMO
(08:16 am) Mitch
King:new low on SP futures
(08:23 am)
JoeyTSA :eye on AMZN $350
(08:28 am) Qwert
:ORMP spike
(08:28 am) JoeyTSA :eye on NUS
$84 level
(08:38 am) Mitch King:watching
WPC for bounce
(08:49 am) JoeyTSA :/ES
test 1750
(09:06 am) Murano :watching WHR
for possible long
(09:46 am) Mitch
King:long at 96.61
(09:46 am) Mitch
King:looking for bounce in CL 3-14
soon
(11:20 am) JoeyTSA :CCL vol spike,
just watching
(11:46 am) JoeyTSA :eye on
KORS
(12:53 pm) Mitch King:later
guys
| (05:59 am) Qwert :Good morning Joey,
everyone
(05:59 am) JoeyTSA :good mornng
Qwert, traders
(05:59 am) freitag8
:Mornin
(06:01 am) skydiver :gm all
and thnx joey for gappers
(06:04 am)
Murano :good morning
(06:04 am) Qwert :thx
for the gaps joey, ARTC a buyout at
48.25
(06:08 am) skydiver :thnx
Qwert on ARTC buyout info
(06:09 am)
JoeyTSA :thx Qwert
(06:10 am) Qwert
::)
(06:16 am) rd :GM to
all.
(06:19 am) Murano :KTOS awarded a
7.92 billion dolklar contract from the Navsl
Surface Warfare Center
(06:20 am) JoeyTSA
:thx Murano
(06:25 am) JoeyTSA :thx
Mitch
(06:27 am) freitag8 :Also P
premarket MKC, COG
(06:27 am)
freitag8 :up*
(06:31 am) JoeyTSA
:eye not ye
(06:31 am) regatta
:watching BEAT
(06:36 am) regatta
:watching SZYM
(06:37 am) JoeyTSA :AAPL
lookng good so far
(06:38 am)
manelsatish :Thanks
(06:40 am)
regatta :watching ORMP
(06:43 am)
regatta :watching GLOG
(06:44 am)
freitag8 :/cl right at PP on 1 min
chart
(06:52 am) regatta :watching
ARCO
(06:54 am) JoeyTSA :eye on UVXY if
/ES turns back down
(07:02 am)
skydiver :ISM Mfg Index data reported
January ISM Mfg Index at 51.3 vs. consensus
of 56.0 – srry – a bit late
(07:03 am)
JoeyTSA :below 1763 could get ugly
(07:04
am) JoeyTSA :nice call on ORMP
(07:05 am)
doji :Below 1763 will be beatiful
Joey… I am long UVXY from the
open…
(07:05 am) doji :also long
GOLD and AGQ…
(07:06 am) JoeyTSA :nice
doji
(07:06 am) skydiver :very nice
joey
(07:06 am) skydiver :I meant
doji – sorry 🙂
(07:07 am) skydiver
:AKAM – audio of fly on the wall said a
blogger reported AAPL building it’s own
platform that AKAM supplies the with now
–
(07:08 am) skydiver :the =
them
(07:08 am) JoeyTSA :thx sky
(07:08
am) skydiver ::)
(07:09 am)
skydiver :Apple appears to be building
own CDN, Streaming Media Blog saysApple
(AAPL) has recently hired a number of
employees as part of a new group tasked with
the build out of a new content delivery
network for external use, according to
Streaming Media Blog, which noted that Apple
has historically relied on CDN providers
Akamai (AKAM) and Level 3 (LVLT).
(07:13
am) doji :Trimmed 1/2 UVXY…. trailing
the rest…see ya later… have a bunch of
meetings to attend…
(07:13 am)
skydiver :tae care doj and grea
job
(07:14 am) freitag8 :be well
doji
(07:15 am) JoeyTSA :enjoy
doji
(07:16 am) Mitch King:good one on
AKAM boys
(07:17 am) pirate
:watching DDD
(07:18 am) skydiver
:thnx joey on being cautious on AKAM
–
(07:19 am) regatta :watching
ICLD
(07:21 am) JoeyTSA :so far its whack
a mole on the /ES
(07:21 am) JoeyTSA :UVXY
huge move so far
(07:22 am) skydiver
:thnx Mitch
(07:22 am) JoeyTSA :AMZN,
GOOG,LNKD getting hit good
(07:23 am)
JoeyTSA :FEYE was a good short also
(07:26
am) JoeyTSA :breatime, back in 20, great
trading so far
(07:27 am) skydiver
:take care and enjoy joey
(07:47 am)
skydiver :/CL fell thru S1 – nice short
tis morning
(07:48 am) freitag8 :cl
near LOD
(07:49 am) skydiver :LNKD –
nice bounce – See you all
later – nice morning – will try to jump back
on when I get to my office –
(07:51 am)
freitag8 :Have a good day Sky
(07:54
am) Mitch King:surprised we missed NOW trade
both ways
(07:57 am) JoeyTSA :anyone catch
FEYE bounce
(08:04 am) freitag8
:looking for /CL to test LOD
(08:09 am)
JoeyTSA :Feb starting out a touch
ugly
(08:10 am) JoeyTSA :for investors i
mean
(08:10 am) Murano :I am selling 1/3
of my long swing in KMX from Jan
28.
(08:15 am) JoeyTSA :/ES trying to hold
S2
(08:23 am) Mitch King:good job on KMX
murano, i would think it is just starting to
move up, strong in a real down market so more
upside
(08:24 am) JoeyTSA :GS down about
$4 today
(08:24 am) Murano :if you took
AOL short would cover most here
(08:27 am)
Mitch King:should get a small bounce in
AKAM
(08:27 am) freitag8 :/cl trying
to bounce here
(08:28 am) JoeyTSA :nothing
pressing yet on NUS, on radar
(08:28
am) freitag8 :but i’m looking at 96.00
by EOD
(08:28 am) freitag8 :shorted
/CL 2$97.54
(08:33 am) JoeyTSA :that was a
great trade freitg
(08:33 am) JoeyTSA
:dont give too much back though
(08:33 am)
freitag8 :thats has been my problem Mr
J
(08:34 am) freitag8 :given it
back… I hate that
(08:34 am) JoeyTSA
:are you still short?
(08:34 am)
freitag8 :yes
(08:36 am) JoeyTSA
:ahh, those 30t bounces would get me
out
(08:37 am) JoeyTSA :i mean me
personall, not saying all traders
(08:37
am) freitag8 :they scare the heck out
of me too
(08:38 am) JoeyTSA :i like the ”
cash-trade-back to cash” method 🙂
(08:39
am) JoeyTSA :others have more patience and
will get bigger moves
(08:39 am)
freitag8 :i should try ur
meathod
(08:40 am) JoeyTSA :stick with
what works best for you
(08:40 am) JoeyTSA
:that goes for any trader
(08:50 am)
JoeyTSA :at this rate, the 1730’s arent far
off
(08:51 am) freitag8 :I think
I’ll take /CL off… seems to be floating
sideways
(08:57 am) doji :Closing my
position in UVXY here….nice day
here
(08:59 am) freitag8 :I’m out of
/CL… just over $1000 profit.. down $88 in
/NG tho… grrrrr
(09:00 am) JoeyTSA :/ES
lost 1750
(09:04 am) JoeyTSA :indices just
bamboozled today
(09:06 am) doji
:I’ll expect selling thorught the week as job
numbers will be “affected” by the
weather….
(09:06 am) doji :I mean
no as bloody as today…
(09:07 am)
JoeyTSA :yeah. the “weather”
haha
(09:11 am) JoeyTSA :nice spike on /C
there
(09:12 am) freitag8 :I saw
that… I was gonna complain about missing
93.30 and then Wammo!
(09:13 am)
doji :This selloff is being fast and
furious….
(09:18 am) freitag8
:dang it… I was watching /CL &
/NG… I got stopped out od /ES at 1759! I
hate when that happens
(09:19 am)
freitag8 :never saw that order
go
(09:20 am) JoeyTSA :100t move on
/CL
(09:24 am) freitag8 :gosh I’m
glad I got out of /CL
(09:24 am) JoeyTSA
::)
(09:26 am) JoeyTSA :very active
day
(09:26 am) JoeyTSA :havent looked at
vol, but lots of moves
(09:31 am) Murano
:out 3/4 WHR
(09:37 am) Murano :out last
1/4 WHR
(09:39 am) Murano :lunch time back
in 20
(09:46 am) JoeyTSA :/CL fairly
active today
(10:00 am) doji :More
selling… No mercy on the markets
today….
(10:27 am) Murano :I have closed
my long swing in KMX
(10:38 am) Mitch
King:after last week’s trading in NatGas
futures, i have a hard time concentrating on
CL or NG when its now back to
“normal”
(10:47 am) JoeyTSA :theres are
the1730’s
(10:47 am) JoeyTSA :gotta love
that typing haha
(10:48 am) Murano :Joey
is taking typing lessons from me
(10:49
am) JoeyTSA :between mixing up 2 sentences
with a keyboard that sticks you get
problems haha
(10:49 am)
skydiver :I though your squirrel did
the typing clases Murano
(10:49 am) Murano
:haha
(10:49 am) skydiver
::)
(10:50 am) skydiver :wonder how
low the market going today?
(10:52 am)
JoeyTSA :no clue, should have stuck to myguns
from that early move up though
(10:52 am)
JoeyTSA :40pt move from the high
(10:53
am) JoeyTSA :at $50/pt = $$$
(10:53
am) skydiver :got ya joey –
(10:54
am) JoeyTSA :down 25pts from mention of 1763
level
(10:54 am) freitag8 :yup…
thats pretty ugly
(10:55 am) JoeyTSA :only
if you are long
(10:55 am) JoeyTSA :sad
thing is, most mutual fund types are all
long
(10:56 am) skydiver :yes ..
Mutual funds getting hit today
(10:58 am)
JoeyTSA :they would still be holding onto the
Titanic if they could 🙂
(10:59 am)
skydiver :good one joey 🙂
(10:59
am) JoeyTSA :honestly didnt think the 1730’s
would hit today though
(10:59 am)
doji :APPL has been holding string
today….
(11:00 am) Mitch King:yeah agree
joey, total herd mentality
(11:00 am)
JoeyTSA :im friends with a couple financial
advisors, they never have an answer i like
when i ask them about downmoves
(11:00 am)
Mitch King:re the mutual fund
mentality
(11:00 am) JoeyTSA :all i hear
is ” but if you hold for 15yrs..blah blah
blah”
(11:00 am) Mitch King:financial
advisors are not technicians and are
glorified salespeople
(11:01 am) JoeyTSA
:yeah, for the most part
(11:01 am) Mitch
King:they are also not experienced traders
and don’t understand market action
(11:01
am) JoeyTSA :and love to have you
“diversified” into 20 funds
(11:01 am)
JoeyTSA :arent funds already diversified for
the most part?
(11:01 am) Mitch King:if
you make your living by trading markets then
you understand all this stuff.
(11:02 am)
JoeyTSA :shouldnt need more than 4 or
5
(11:02 am) Mitch King:what is really sad
about that industry is all they do is just
try to beat the indexes and 85-90% of mutual
fund managers cannot beat the
averages
(11:02 am) Mitch King:their
measure of success is whether they beat the
SP 500 index
(11:02 am) JoeyTSA :and they
get all excited with 10% gains
(11:04 am)
JoeyTSA :but i guess its less stressful than
trying to trade
(11:04 am) Mitch King:its
always the minority in any industry or sport
that are the top players. golf, tennis,
business, trading, farming, any endeavor, its
all the same. most people are not good
at what they do, its only 10% or so that are
really good
(11:05 am) JoeyTSA :i think
10% is high 🙂
(11:05 am) Mitch King:what
is cool about this principle is you can be in
the 10% by outworking most people so you have
more knowledge and training to outperform
that 90% of people
(11:06 am) JoeyTSA
:probably closer is 2-5%
(11:06 am)
JoeyTSA :same with horse bettors, sports
bettors
(11:06 am) Mitch King:yeah, ok,
then you are talking the elite class, i think
you get in the 10% group, you will do very
well. the very top in their field might
be in that 2-5% group
(11:07 am) JoeyTSA
:agreed
(11:08 am) JoeyTSA :and you dont
even have to know everything just be
good enough at 1 or 2 things
(11:09 am)
Mitch King:you are preaching to the
choir
(11:09 am) JoeyTSA ::)
(11:09 am)
Mitch King:sing it brother
(11:09 am)
JoeyTSA :haha
(11:15 am) JoeyTSA :eye on
GMCR
(11:23 am) JoeyTSA :i sure missed
couple of great moves on TSLA today
(11:27
am) JoeyTSA :anyone having issues with
Lightspeed?
(11:28 am) JoeyTSA :i keep
losing connection with them
(11:31 am)
Murano :no problem here with
Lightspeed
(11:31 am) JoeyTSA :i think its
my connection
(11:31 am) JoeyTSA :at first
it was LS then a few min later
everythingwent
(11:32 am) skydiver
:LNKD- nice bounce
(11:34 am)
skydiver :almost went long on LNKD and
got called away — hard to trade at the
office times 🙂
(11:38 am) doji
:Anyone lwatching CNBC?
(11:38 am) JoeyTSA
:hard to trade at home too
sometimes
(11:38 am) JoeyTSA :i have it on
but the vol is down doji
(11:39 am)
JoeyTSA :what are they saying?
(11:39 am)
doji :I think one fund manager this is
a normal correction and represents a buying
opportunity
(11:39 am) JoeyTSA :i guess it
could b
(11:39 am) JoeyTSA :be
(11:40
am) JoeyTSA :i cant wait until Cramer’s show
today 🙂
(11:41 am) JoeyTSA :doji: did you
get his new book yet?
(11:41 am) JoeyTSA
:i think you mentioned you had a couple of
his, i have 2
(11:42 am) JoeyTSA :would
love for him to come out with a book on
daytrading
(11:45 am) doji :No I
don;t have his new book yet…
(11:45 am)
JoeyTSA :oh ok
(11:47 am) JoeyTSA :im sure
its a good book though
(11:47 am) JoeyTSA
:when i miss his show i usually at least read
the cliff notes version at
thestreet.com
(11:48 am) doji :You
can get it for free if you subscribe to his
Action Alert program
(11:48 am) JoeyTSA
:yeah i saw that
(11:55 am) JoeyTSA :dow
down 300
(12:03 pm) doji :Nasdaq
over 110… almost historci drop
(12:03
pm) Murano :done for the day, see you
tomorrow
(12:04 pm) JoeyTSA :have a great
day murano
(12:04 pm) JoeyTSA :yeah doji,
bruta
(12:04 pm) JoeyTSA :brutal
(12:08
pm) doji :The $ADVN-$DECN is at -2178.
Extreme bearish readings are below
-$2000
(12:09 pm) JoeyTSA :big #
(12:23
pm) JoeyTSA :think my time is up
(12:24
pm) JoeyTSA :Thanks Mitch, Qwert,
everyone, great calls…see you
tomorrow, enjoy your day
|
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