(05:40 am) JoeyTSA :early gap down:
CTSH,HAIN,XOOM,LVS,AAPL,MPEL,WYNN (05:41
am) JoeyTSA :early gap up
DATA,MYGN,UVXY,USLV,NATL? (05:52 am)
JoeyTSA :eye on OMER for potential breakout
today over $13 (05:55 am) JoeyTSA :eye on
DDD (06:03 am) Mitch King:watching RL
after open (06:03 am) Mitch King:watching
SSYS (06:17 am) Mitch’s Assist. :February
5, 2014, Wednesday Pre Market UP: INCY,
GOOG, MRK, RL, DATA, FNV, MYGN, NUGT, SEV ,
BOFI, Pre Market DOWN: XONE, HAIN,
EPZM, MPEL, DDD, SSYS, AMZN, LVS, AAPL,
CTSH, (06:21 am) Mitch King:great trading
action in /NG again today, highes of 5.750 on
NG 3-14 this morning, about 20 min
ago (06:30 am) JoeyTSA :watching
DATA (06:31 am) Mitch King:WATCHING exp
DROP (06:31 am) JoeyTSA :TWTR on watch
today with earnings later (06:32 am)
JoeyTSA :nice pop on indices (06:32 am)
JoeyTSA :eye on LVS $70level (06:32 am)
Mitch King:watching CBL for top to short,
take time (06:34 am) Mitch’s Assist.
:watching LVLT (06:34 am) Mitch King:CTSH
reb (06:36 am) JoeyTSA :HAIN giving
pullback (06:37 am) Mitch’s Assist.
:watching SFUN (06:38 am) Mitch’s Assist.
:watching GMCR (06:38 am) Mitch
King:watching XOOM for (06:40 am) Qwert
:watching GILD (06:42 am) Mitch King:SINA
toppy (06:45 am) Mitch’s Assist. :SCTY
dropping (06:46 am) Mitch’s Assist. :XONE
watching (06:47 am) Mitch’s Assist.
:watching ISIS (06:48 am) Mitch’s Assist.
:Looking for quick bounce NFLX (06:49 am)
Mitch’s Assist. :monitoring WAG (06:49 am)
JoeyTSA :eye on AAPL for potential breakout
over $511, pulling back a bit here (06:50
am) Mitch King:RL trying to bounce (06:51
am) Mitch King:TNA bouncing (06:51 am)
JoeyTSA :eye on CERN (06:51 am) Mitch
King:monitoring BWLD (06:52 am) Mitch
King:AMP bouncy (06:52 am) Mitch King:SP
500 trying to bounce (06:53 am) Mitch
King:expecting more upside with
DATA (06:54 am) Mitch King:SSYS trying to
bounce (06:55 am) Mitch’s Assist.
:watching AGN (06:56 am) Mitch King:low of
day for market indexes (06:57 am) JoeyTSA
:/ES losing 1740 (06:59 am) Mitch
King:expecting more upside on RL (07:00
am) Mitch King:DOV bouncing (07:00 am)
JoeyTSA :indice pop (07:00 am) JoeyTSA
:ISM # coming out any second (07:01 am)
Mitch King:ISM better than expected (07:01
am) Mitch King:TNA SPY bouncing (07:03 am)
Mitch King:BWLD moving up gradually (07:06
am) Mitch King:GILD turning over
again (07:06 am) JoeyTSA :tighten AAPL if
long (07:11 am) Mitch King:expecting
bounce in TNA (07:14 am) JoeyTSA :if
anyone is still in LVS you might want to
cover (07:19 am) Mitch King:monitoring EXP
for microshort, no hur (07:19 am) Qwert
:watching QIHU (07:19 am) Mitch
King:watching CL 3-14 for bounce (07:20
am) JoeyTSA :eye on AAPL again (07:20 am)
JoeyTSA :crude inv in 9min (07:28 am)
JoeyTSA :EL still moving down (07:32 am)
Mitch King:expecting more upside with NG
3-14 (07:38 am) Mitch King:looking for
5.500 on NG 3-14 (07:41 am) Mitch
King:5.412 (07:41 am) Mitch King:consider
selling /NG here (07:51 am) Mitch’s
Assist. :solar stocks down, monitoring for
bottom, no hurry (08:02 am) Mitch’s
Assist. :should be a pretty strong bounce
fairly soon (08:02 am) Mitch’s Assist.
:looking for long entry NG 3-14 (08:12 am)
Mitch’s Assist. :buy on dip with /NG at the
moment (08:22 am) Mitch’s Assist. :thats
about a 575 tick drop in NG last 2
hours (08:27 am) Mitch King:DDD steady
uptrend (08:32 am) Mitch King:watching
TDW (08:38 am) Murano :watching
XOOM (08:49 am) Murano :watching YNDX at
R1 (09:11 am) Murano :watching
MPEL (09:11 am) Mitch’s Assist. :trying
/NG 3-14 for bottom soon, looking for 20-30
tick bounce (09:40 am) Murano :watching
SIG (10:53 am) Murano :watching
TMUS (11:37 am) Murano :watching
SWI (12:17 pm) Murano :watching
FIG
| (05:38 am) JoeyTSA :Good morning Qwert,
traders (05:41 am) klas :GM Joey ,
Qwert (05:42 am) JoeyTSA :UGAZ, UNG both
gapping up, hey klas (05:43 am)
Qwert :good morning joey, doji, gum, klas,
regatta, toby (05:50 am) skydiver
:gm all – thnx for gappers joey (05:50 am)
JoeyTSA :RL up too (05:51 am) JoeyTSA
:using the 10pt range on /ES to start,
1735-1745 (05:51 am) JoeyTSA :indices
climbing at the moment (05:55 am)
skydiver :3D Systems (DDD) sees FY14
EPS 73c-85c, consensus $1.27Sees FY14 revenue
$680M-$720M, consensus $671.29M (05:56 am)
JoeyTSA :they’re getting whacked for that
too (05:56 am) skydiver :3D Systems
volatility expected to move on preliminary
full year 2013 results3D Systems option
implied volatility is expected to pick up
after announcing preliminary full year 2013
results. Overall option implied volatility of
58 is above its 26-week average of 51
according to Track Data, suggesting large
price movement. (05:56 am) skydiver
:I guess so joey (05:57 am) JoeyTSA
:havent seen an eps miss like that in a
while (05:57 am) skydiver
:yep (05:57 am) Qwert :huge miss (05:57
am) JoeyTSA :adp # missed earlier, ISM # @
7pdt, crude inv @ 7:30pdt (05:58 am)
skydiver :thnx joey (05:58 am)
JoeyTSA :/CL back over $98 (05:59 am)
skydiver :only got 12 ticks that time
on /CL long (06:01 am) skydiver :got
nervous – on CL long – looked like it was
getting weak to me (06:01 am) JoeyTSA
:nothing wrong with 12t (06:01 am)
skydiver :yes . . .profit is profit –
wll take it 🙂 (06:02 am) skydiver
:DDD – dropping (06:03 am) skydiver
:vjet dropping with DDD (06:07 am) JoeyTSA
:eye on /CL again, see if it retests
R2, mine is 98.17 (06:07 am) JoeyTSA :my
R1 is 97.71 (06:10 am) Murano :good
morning (06:10 am) skydiver :CL –
making nice move (06:11 am) JoeyTSA :yeah
thats why you take those profits when you can
🙂 (06:13 am) skydiver
:agreed! 🙂 (06:16 am)
skydiver :DDD – bottom? (06:17 am)
freitag8 :97.40 haqs been strong
support & resistance for /CL the last
4 days… its a very significant level at the
moment (06:17 am) skydiver :thnx
freitage – appreciate that 🙂 (06:18 am)
JoeyTSA :thx Mitch, freitag (06:20 am)
skydiver :thnx Mitch and DDD still
trying to find a bottom (06:25 am) JoeyTSA
:/NG just a bit to violent for me (06:26
am) freitag8 :watching /CL for a
reversal on this bounce here (06:33 am)
JoeyTSA :got that 1745 on /ES, see if it
holds now (06:34 am) JoeyTSA :CTSH
announed 2:1 split i believe (06:36 am)
regatta :watching GHDX (06:39 am)
regatta :watching AFOP (06:40 am)
skydiver :monitoring HAIN (06:41 am)
regatta :watching AMBA (06:43 am)
skydiver :DDD – just can’ find a bottom
yet (06:44 am) Mitch King:got to reset my
computer (06:45 am) regatta
:watching CLR (06:50 am) JoeyTSA :/ES with
issues at 1747 again today (06:51 am)
JoeyTSA :DATA gave great bounce (06:52 am)
JoeyTSA :/NG futures are just bananas
today (06:53 am) JoeyTSA :UVXY nice bounce
on /ES pulback (06:54 am) freitag8
:/ng has been giving great
trades… (06:55 am) JoeyTSA :yeah, just
too fast and volatile for me (06:55 am)
freitag8 :it really is Joey… gotta be
like you said the other day… cash – trade –
cash (06:56 am) freitag8 :my goal
today was $500.. I’m there in /NG… gonna
paper trade /NG for the rest of the
day (06:56 am) JoeyTSA :AGN missed on
earnings if i heard correctly (07:00 am)
Qwert :thx joey (07:00 am) freitag8
:Thx Joey… all in cash for the
moment.. (07:01 am) freitag8 :/es
near HOD (07:01 am) freitag8 :ooops,
well it was for a second (07:01 am)
JoeyTSA :had issues @ 1747 area
again (07:02 am) skydiver
:: ISM Non-Mfg Index
Composite data reportedJanuary ISM Non-Mfg
Index Composite at 54.0 vs. consensus of
53.9 (07:02 am) JoeyTSA :strength will get
it t0 1750 on breakout (07:03 am)
freitag8 :Joey, u saved my bacon… I
was gonna short /ES just before you mentioned
the ISM numbers (07:04 am) JoeyTSA :throw
bacon away, eat broccoli..better for the
heart 🙂 (07:04 am) JoeyTSA :i was
actually looking to short it too (07:05
am) freitag8 :darn bacon smells so good
when it’s cooking (07:05 am) JoeyTSA
:missed nice move on ORMP (07:06 am)
freitag8 :looking to buy /CL on a
bounce in here (07:08 am) JoeyTSA :eye on
CHRW for potential breakdown below
53 (07:11 am) JoeyTSA :NFLX testing $400
level (07:11 am) freitag8 :/NG has
been rejecting at the 20 bar MA 1 minute all
morning…. at some point it will break out..
be careful at the 20 Bar MA (07:11 am)
JoeyTSA :big pullback on/NQ from pp (07:12
am) JoeyTSA :/ES back to pre-ISM
move (07:13 am) JoeyTSA :testing S1, 1737
level now (07:18 am) freitag8 :i
cannot remember the last time i saw the /es
this wild (07:20 am) freitag8 :/ng
broke the 20 bar MA on 1 min.. watching for
which way it will go (07:21 am) JoeyTSA
:/CL back to 97.40 area /ES with anice
10pt move (07:23 am) JoeyTSA :UVXY tesing
$106 now (07:23 am) JoeyTSA :wow 108
ow (07:23 am) JoeyTSA :now (07:24 am)
skydiver :market sems heavy — trys to
bounce then back to lower track (07:24 am)
JoeyTSA :market looks in rough shape to
me (07:24 am) JoeyTSA :only bounce was on
that report (07:24 am) skydiver
:right (07:25 am) JoeyTSA :/NQ might test
3400 (07:25 am) freitag8 :CL
spiking (07:25 am) JoeyTSA :right off
97.40 again, up into R1 (07:26 am) JoeyTSA
:TSLA down $10 from high (07:30 am)
JoeyTSA :HAIN lost $82 level, see if $80
tests today (07:31 am) JoeyTSA :break
time, back in a bit…great trading (07:31
am) skydiver ::
Crude Inventories for the week of January
31Crude inventories 440K build vs. consensus
of 2.55M build. Gasoline inventories 505K
build vs. consensus of 1.15M build.
Distillates 2.36M draw vs. consensus 2.5M
draw. (07:33 am) skydiver :DDD –
nice move up for a bt (07:33 am)
skydiver :bit (07:34 am)
freitag8 :time for a break… see you
all in about 30 minutes (07:35 am)
skydiver :enjoy freitage and
joey (07:48 am) skydiver :3/4 out of
DDD long (07:51 am) skydiver
:stopped out of last piece of DDD
long (07:54 am) skydiver :decent day
. . .thnx for great calls etc. Have a
great day and see you tomorow 🙂 (07:54
am) Murano :see you sky (07:54 am)
skydiver ::) (08:06 am)
freitag8 :with as fast as /NG moves…
is a 4 range to quick? (08:11 am) Mitch’s
Assist. :using 5 range now (08:13 am)
freitag8 :ok… thanks (08:39 am)
Qwert :u get that Murano on XOOM (08:40
am) Murano :no (08:40 am) Murano :to
fast (08:40 am) Qwert :that was really
fast (08:40 am) Murano :I was typing when
it jumped (08:41 am) Qwert :by the time i
put it up was too late (08:41 am) Qwert
:and i type like a 53 year old with no
skills (08:41 am) Mitch’s Assist. :by the
time i can type natural gas, it moves 100
ticks, hehe (08:41 am) Murano
:haha (08:42 am) Murano :have to wait for
the next bus (08:43 am) Mitch’s Assist.
:by the time Joey gets back from his break,
natural gas will have moved 400
ticks (08:47 am) Mitch’s Assist. :my
eyeballs are getting whiplashed watching
natural gas (08:51 am) Murano :looking for
37.50 YNDX (08:53 am) freitag8 :the
/ES has been all over the place (08:54 am)
Murano :stopped YNDX (08:57 am)
freitag8 :/CL is in that 97.40 area
again… it has either closed or opened right
about here almost everyday since
1/23 (09:14 am) Murano :covered 3/4
MPEL (09:16 am) regatta :watching
TDW (09:16 am) Mitch’s Assist. :i rarely
see a 20 tick move in two eyeblinks (09:18
am) Murano :covered last 1/4 MPEL (09:18
am) Murano :lunch time back in 20 (09:21
am) regatta :watching ENT (09:23 am)
Mitch’s Assist. :seems unusual to see 2 to 3
tick spreads in nat gas (09:23 am) Mitch’s
Assist. :compared to CL we get 1 tick spread
most of the time (09:24 am) freitag8
:thats true… hadnt noticed (09:27 am)
Mitch’s Assist. :teh way /NG is trading today
is the way /CL used to trade every single day
about 3 years ago or more (09:28 am)
Mitch’s Assist. :you wouldnt even see the
print of a trade and your limit order would
fill and then the candle would appear and
show your order filled (09:28 am) Mitch’s
Assist. :just like it is doing today
with /NG (09:29 am) freitag8 :its
been wild with /NG lately (09:29 am)
Mitch’s Assist. :man look at that spread,
sometimes 5 tick spreads (09:30 am)
freitag8 :looks like afterhours
trading (09:31 am) Mitch’s Assist. :really
this is history in the making for /NG
trading, last time was 3 years ago this
kind of movement (09:32 am) Mitch’s
Assist. :they are calling this set of storms
once every 2 decades is what i
heard (09:35 am) regatta :watching
CLNE (09:40 am) JoeyTSA :sister in town,
have to take off for the day. see you all
tomorrow morning (09:40 am) Mitch’s
Assist. :is the sister who has football
player son? (09:40 am) freitag8
:enjoy… thx Joey (09:40 am) JoeyTSA :no,
that is sistr-in-law (09:41 am) JoeyTSA
:same sister-in-law married to nfl
coach (09:41 am) Murano :see you
Joey (09:41 am) Mitch’s Assist. :tell
sister you can only see her after market
closes, hehe (09:41 am) Mitch’s Assist.
:just kiddin (09:41 am) JoeyTSA :haha, i
will be here full day tomorrow, half day on
friday (09:43 am) Murano :SIG nneds to get
closer to && to be a good
short (09:43 am) Murano
:&&=77 (10:00 am)
regatta :watching KEYW (10:05 am)
Murano :covered all SIG (10:17 am)
freitag8 :ng near LOD (10:28 am)
freitag8 :entering final hour of Pit
Trading in /NG & /CL (10:33 am)
Mitch King:i would think /NG would have a
rebound at least on short
covering (10:35 am) freitag8 :I
agree Mitch… it’s looking like it wants to
bounce (10:36 am) freitag8 :it
looked exactly like this just before that big
500 tick move up the other day (10:36 am)
freitag8 :just traded sideways and got
us sleepy and then Wammo! (10:37 am) Mitch
King:look at a 2 min chart on NG, shows how
much it dropped (10:38 am) freitag8
:yup… right from my R1 on 2 Min (10:38
am) freitag8 :NG at LOD (10:43 am)
freitag8 :97.40 has been a magnet for
/CL… watch for a big move between 11:00 and
11:25 today… lots of consolidation
here (10:52 am) Murano :M and JWN on the
move (10:58 am) Mitch King:lost power for
a moment (11:03 am) freitag8 :I lose
internet all the time… I have a backup
internet at all times now (11:05 am)
freitag8 :good trades this last half
hour of pit trading, but be careful (11:06
am) Murano :covered all M (11:07 am)
regatta :been watching CLNE
fall (11:08 am) freitag8 :/NG
nearing S1 (11:16 am) Qwert :Bye everyone
gotta go cya all in the am (11:17 am)
freitag8 :Have a good day
Qwert (11:17 am) klas :Later
Qwert (11:27 am) Mitch’s Assist. :short
covering on NG, should be bullish even after
regular closing (11:28 am) Mitch’s Assist.
:not bad long entry , sorry too
late (11:28 am) Mitch’s Assist. :i was
typing 5.010 but too late (11:29 am)
Mitch’s Assist. :im done with /NG trading
today, pretty sure, maybe, well not
sure (11:30 am) Mitch’s Assist. :/NG
likely to drift upward next few hours.
good chance of that (11:41 am) Murano
:covered 3/4 SWY (11:43 am) Murano :SWI
not SWY (11:44 am) Mitch King:you getting
pretty good at that Murano, you Chinese or
something? (11:44 am) freitag8 :done
for the day folks… have a good
day (11:44 am) Murano :haha (11:44 am)
Mitch King:later frei (11:51 am) Murano
:stopped last 1/4 SWI (11:57 am)
regatta :watching DISH (11:58 am)
Mitch King:good eye reg (11:59 am)
regatta :tks (12:14 pm) Murano
:Tried shorting TMUS twice lost both
times (12:17 pm) regatta :watching
FIG (12:18 pm) regatta :vol spike on
FIG (12:25 pm) Murano :TMUS is on of those
stocks that doesn’t work for my shorting
program. Both the MACD and the RSI
crossed over on the 4 minute chart but the
stock did not fall. I guess you can’t
win them all. (12:26 pm) skydiver
:but Murano – 99.999 percent isn’t bad
🙂 (12:27 pm) Murano :actually that
strategy works about 90% of the
time. (12:27 pm) skydiver :that is a
very good percentage 🙂 (12:27 pm) Murano
:sometimes you eat the bear and sometimes the
bear eats you (12:27 pm) skydiver :I
understand tooo well (12:29 pm) Mitch
King:/NG is doing exactly what i thought it
would do, that was a 750 tick drop and
aftermarket is usually retail investors that
buy long. during regular market are
more institutional and professional traders,
selling (12:29 pm) Murano :done for the
day, see you tomorrow (12:29 pm)
skydiver :nice Mitch and take care
Murano (12:46 pm) regatta :mitch,
does DNB look like a possible swing
trade? (12:51 pm) Mitch King:yeah its
pretty high odds regatta (12:51 pm) Mitch
King:long (12:52 pm) Mitch King:i’d look
for $104-105 area, who is that DUnn and
Bradstreet (12:52 pm) Mitch King:will move
up esp if market turns up on
indexes (12:52 pm) regatta :yes,
dunn and bradstreet (12:53 pm)
regatta :tks for the input (12:53
pm) Mitch King:what is news that caused the
drop? (12:54 pm) Mitch King:if it is
earnings, its best to wait a few days or up
to a week after a big drop like
yesterday (12:57 pm) regatta :looks
like DNB missed on earnings but beat
revenue (01:00 pm) regatta :will
just watch for now
|