(05:47 am) JoeyTSA :early gap up:
EPL,OXGN,PAY,UVXY,NUGT
(05:48 am) JoeyTSA
:thats TSLA not TSAL
(05:48 am) JoeyTSA
:early gap down: TSAL
DL,EXPR,GERN,EXXI
(05:50 am) JoeyTSA
:using /CL 98.30,98.80; /ES 185,1860,1867 to
start
(06:10 am) Mitch King:Premarket
UP: OXGN, EPL, PAY, OPTT, TVIX, RGSE,
SSH Premarket DOWN: AEO, JKS, SDLP,
CDTI, DL, NWBO, NOR, EXXI, ZBB, MX, EXPR,
ZGNX, SNTA
(06:13 am) Mitch King:Also
watching AIG, MW, JOSB, GOOG, VNO, EXPR, GIS,
RAD, DMND, HLF, TSLA, MW, JOSB, VIP
(06:30
am) Mitch King:watching PLUG drop
(06:30
am) Mitch King:watching NWBO drop, lower
priced
(06:31 am) Mitch King:watching MPC
for uptrend
(06:31 am) Mitch King:watching
WAG to trend up
(06:31 am) Mitch
King:watching EXXI for top to short, take
time
(06:31 am) Mitch King:looking for a
bounce on PLUG
(06:32 am) Mitch
King:watching AMED for top to short, low
priority
(06:33 am) JoeyTSA :eye on
YY
(06:33 am) Mitch King:expecting VLO to
uptrend
(06:33 am) Mitch King:PLUG prob
tops and sells down again
(06:34 am) Qwert
:watching EPL
(06:34 am) JoeyTSA :tri-bot
@ 1857 /ES
(06:34 am) Mitch King:expecting
more upside on TSO
(06:35 am) Mitch
King:good trades on PLUG today, best to be on
long side today
(06:35 am) Mitch King:sell
EXXI if long, watch for short
(06:36 am)
Mitch King:watching INFY, for long
(06:36
am) Mitch King:watching VMW for top
(06:36
am) Mitch King:remember PLUG came down from
about $12 to 5.35 this morning
(06:37 am)
Mitch King:INFY going to be good long at
bottom
(06:39 am) Mitch King:TSLA toppy
for short, microshort
(06:39 am) Mitch
King:watching PLUG for 2nd bottom to buy
again
(06:40 am) Mitch King:monitoring
BITA for short, low priority
(06:41 am)
Mitch King:watching QIWI for bounce,
late
(06:42 am) Mitch King:VLO toppy, sell
if long
(06:42 am) Mitch King:won’t be
meaningful bounce on FNMA, FMCC, don’t be
tempted
(06:44 am) Mitch King:watcing VIPS
for top
(06:47 am) Mitch King:replacing
INFY chart with NUS
(06:47 am) Mitch
King:watching NUS for top to short,
(06:48
am) Mitch King:INFY a hot one
(06:49 am)
Mitch King:CSIQ trending up
(06:49 am)
Mitch King:NUS toppy
(06:50 am) Mitch
King:use limit orders to buy to cover
NUS
(06:50 am) Mitch King:and then watch
for a 3rd bottom to buy
(06:50 am) Mitch
King:consider sellling PLUG
(06:51 am)
JoeyTSA :BLDP strong too
(06:51 am) Mitch
King:PLUG strong
(06:52 am) Mitch
King:watching SYNA for bottom
(06:54 am)
Mitch King:EXXI decent long idea
here
(06:55 am) JoeyTSA :IPG vol
spike
(06:56 am) Mitch King:new high in
PLUG
(06:57 am) Mitch King:watching QIWI
for bounce,
(06:57 am) Mitch King:NUS new
high
(07:01 am) Mitch King:but should peak
soon
(07:01 am) Mitch King:use limit
orders on NUS< big spread
(07:08
am) JoeyTSA :tighten YY if long
(07:10 am)
Mitch King:don’t be eager to buy PLUG again,
won’t work until bigger drop, too dangerous
to buy now
(07:13 am) JoeyTSA :/CL getting
active
(07:16 am) Mitch King:WLT strong
uptrend
(07:19 am) JoeyTSA :crude inv in
10min
(07:41 am) Qwert :monitoring GOGO
spike
(08:03 am) Mitch King:ATHM trending
up, choppy
(08:08 am) JoeyTSA :keeping an
eye on RMTI, notting pressing yet
(08:11
am) JoeyTSA :/NQ back to 3700 very good
move
(08:59 am) Qwert :monitoring
CMRX
(09:27 am) Murano :watching
NQ
(09:30 am) Qwert :watching
MOBI
(10:12 am) Murano :watching
CZR
(12:11 pm) Qwert :monitoring
TRLA
(01:00 pm) Mitch King:see you guys
tomorrow
(01:14 pm) Mitch King:check out
KKD, Krispy Kreme
| (05:19 am) Qwert :Good morning Doji,
electrader, gum, regatta
(05:21 am)
JoeyTSA :Good morning Qwert,
doj,elec,gum,regatta
(05:21 am) JoeyTSA
:crude inv @7;30, 10yr auction @10
pdt
(05:21 am) Qwert :Good morning
Joey
(05:22 am) regatta :good
morning qwert, joey, et al
(05:28 am)
electrader :Good morning all
(05:43
am) doji :Hi Joey, Regatta,
Electrader….
(05:43 am) doji :Hi
Qwertyuiopasdfghjklzxcvbnm
(05:44 am)
doji :Let me know if I missed a
letter
(05:46 am) Qwert :hahaha
(05:50
am) freitag8 :Mornin guys
(05:50 am)
freitag8 :and gals
(05:52 am)
freitag8 :Unusual Volume with a PPS
sell signal: C
(05:52 am) doji :Hi
Freitag
(05:52 am) doji :What does
PPS mean?
(05:54 am) skydiver :gm
all
(05:55 am) freitag8 :PPS is a
John Person Pivot Study
(05:55 am)
doji :Thanks Freitag…I have the same
lodaded in TOS and Ninja uses that
also
(05:56 am) JoeyTSA :i wanted to see
john person’s presentation at the expo but i
never got back over
(06:00 am) doji
:Watch TSLA $529 level, if broken it
could try to close the gap from
2/25
(06:00 am) freitag8 :he pretty
good
(06:00 am) skydiver :New Jersey
denial of Tesla a “minor inconvenience,” says
Wedbush
(06:00 am) JoeyTSA :you mean
$229?
(06:00 am) skydiver :Ohio may
also deny sales of TSLA in their state too —
but people can purchase online and pickup
their car in other states
(06:02 am)
skydiver :doji – did you mean AAPL
instead of TSLA?
(06:07 am) devo :GM
everyone
(06:10 am) Qwert :GM devo, freit,
sky
(06:11 am) freitag8
:Mornin
(06:11 am) skydiver :hey
qwert – devo – freit – doji – joey – etc etc.
🙂 could be an interesting
day
(06:12 am) devo :my 2 yr old now
has the fever his sister had so ill be
useless today. will try around noon for
some finds
(06:13 am) JoeyTSA :hope they
get well devo
(06:13 am) freitag8
:be well Devo
(06:13 am) skydiver
:take care devo
(06:13 am) freitag8
:News from morning traders meeting… nothing
really as good as yesterdays which is
unusual… but here goes
(06:14 am)
freitag8 :Key level on SPY… 185 but
184.3 over the next 10 days… 186.4 could be
seen todayEXPR… looking for 1 point down move
below 15.00 on 4X volume GERN… Low Priced
stock consolidating below $2.00. Playing it
from $1.67 to $2.00DL currently at a key
support based on secondary offering, should
move higher from herePLUG… looking to short
in a rally to about $7FNMA… looking to short
between $4.40 – $4.50 to test LOD
yesterday
(06:16 am) doji :Thatnks
Freitag…..
(06:17 am) Murano :good
morning
(06:17 am) skydiver :gm
Murano and thnx Freitag
(06:17 am)
doji :Good morning Blind
Squirrell
(06:17 am) JoeyTSA :thx freitag,
Mitch
(06:18 am) skydiver :thanks
Mitch for the gappers
(06:18 am)
freitag8 ::)
(06:23 am)
freitag8 :On watch for today… JAH on
unusual volume
(06:24 am) doji
:Freitag, SPY already below 186.4
(06:25
am) freitag8 :I have stocks on the
scanner today… Weak Stocks, Strong Stocks,
Up & Down trending and Price
Spikes… any interest in these?
(06:26
am) devo :sorry guys, I thought I had
typed this in last week. TMD.
Good one, still cheap and a good buy after
run yesterday
(06:26 am) skydiver
:keeping a chart up on EPL
(06:26 am)
freitag8 :tmd
(06:26 am)
freitag8 :oops… that was supposed to
go into TOS… checking TMD, thanks
Devo
(06:27 am) devo :all
good. Titan Medical
(06:27 am)
JoeyTSA :i always look at quick price spikes
freitag
(06:27 am) freitag8 :titxf
on TOS = TMD
(06:28 am) skydiver
:same here freitage – spikes good
🙂
(06:29 am) freitag8 :URBN very
hot… DKS very hot
(06:31 am)
freitag8 :EJ weak today
(06:32 am)
freitag8 :I will update thru the day as
scanner updates
(06:33 am) JoeyTSA :didnt
URGN get hit on earnings?
(06:33 am)
regatta :watching INVN
(06:34 am)
freitag8 :URBN – 08:54:06am Benzinga’s
Top Downgrades
(06:34 am) skydiver
:3/4 out of EPL long
(06:34 am)
freitag8 :07:35:50am Barclays
Downgrades Urban Outfitters
(06:34 am)
skydiver :watching LNKD
(06:35 am)
skydiver :all out of EPL long
(06:36
am) regatta :watching INFY
(06:37
am) skydiver :LNKD at 200
(06:37 am)
skydiver :3/4 out of LNKD
long
(06:38 am) skydiver :missed
TSLA move up
(06:38 am) skydiver
:all out of LNKD long
(06:39 am) JoeyTSA
:great move on TSLA
(06:39 am)
skydiver :yes indeed joey
(06:39 am)
JoeyTSA :missed it, was [playin /ES
(06:40
am) skydiver :yeah – caught LNKD but
missed TSLA
(06:41 am) freitag8
:missed CL
(06:42 am) skydiver :all
out of LNKD short –
(06:43 am)
skydiver :crazy day – not complaining
🙂
(06:44 am) skydiver :got out of
LNKD short too soon
(06:47 am)
freitag8 :Price Spike – AMED, EXXI,
INFY, EXPR
(06:47 am) akram
:ambc
(06:49 am) skydiver :NUS –
Rumor: Nu Skin moves up on favorable
speculation regarding resellers in
China
(06:50 am) freitag8 :?CL has
been hot this AM
(06:51 am) skydiver
:thnx Mitch for NUS
(06:53 am)
skydiver :LULU
(06:53 am)
skydiver :sorry – late on
LULU
(06:54 am) skydiver :keeping a
chart up on KORS – dropping at
moment
(06:54 am) gum :pot stock
TRTC on the move the last few days
!!
(06:55 am) JoeyTSA :S1 on /ES has been
key level so far
(06:56 am) skydiver
:LNKD just keep giving trades this
am
(06:58 am) skydiver :3/4 out of
LNKD long here
(06:58 am) JoeyTSA :great
job sky
(06:59 am) skydiver :crazy
joey – two longs and one short on it — been
on the right side of it
(06:59 am) JoeyTSA
::)
(07:00 am) regatta :still
watching INFY
(07:00 am) gum :PLUG
42 mil firsy 30 min
(07:00 am) JoeyTSA
:NUS on fire
(07:01 am) skydiver
:the rumor that Chinese gov will not shut
down reseller on NUS must be true –
maybe
(07:02 am) JoeyTSA :or at least
perceived to be true 🙂
(07:02 am)
skydiver :right
(07:04 am)
skydiver :LNKD – long out of last piece
here
(07:04 am) freitag8 :Short PLUG
here
(07:04 am) JoeyTSA :/ES breaking thru
1860
(07:06 am) Qwert :nice call on NUS
thx Mitch
(07:07 am) JoeyTSA :agreed,
great once on NUS
(07:07 am)
skydiver :agree as well – nice job
Mitch on NUS
(07:10 am) doji :Bought
PLUG 7 PUT @ $.120…
(07:11 am)
freitag8 :covered some PLUG
short
(07:13 am) regatta :watching
NLNK
(07:15 am) freitag8 :EIA
Petroleum Status Report[djStar]10:30 AM
ET
(07:17 am) doji :Freitag, thanks
for GERN, riding it from $1.40… let’s see
where it closes today
(07:20 am) Qwert
:thx for the remionder joey
(07:20 am)
freitag8 ::)
(07:30 am) doji
:Short TSLA at 239.70
(07:31 am)
freitag8 :Released On 3/12/2014
10:30:00 AM For wk3/7, 2014
Prior ActualCrude oil
inventories (weekly change)
1.4 M barrels 6.2 M
barrelsGasoline (weekly change)
-1.6 M barrels -5.2 M
barrelsDistillates (weekly
change) 1.4 M
barrels -0.5 M
barrels
(07:42 am) Mitch King:how did we
miss PNK
(07:43 am) Qwert :i even have it
up Mitch and missed it
(07:48 am) Mitch
King:Ackman lost $180 mil in last 90 min on
HLF runup. guy panicking by
trying to get legislators looking at HLF
business model in US and now going to Chinese
too.
(07:52 am) skydiver :ok – time
is up . . been a good day – make lots of $$
and see you all tomorrow morning
(07:52
am) JoeyTSA :enjoy sky
(07:52 am)
skydiver ::)
(07:52 am) JoeyTSA
:explosion/building collapse in nyc
(07:54
am) regatta :watching low price
IRDM
(07:54 am) Mitch King:theyre
suggesting nat gas leak on bldg
joey
(07:55 am) JoeyTSA :yeah, lots of
fdny there
(08:00 am) JoeyTSA :watching
BIDU, nce moe from low
(08:04 am) JoeyTSA
:YY near hod, great move
(08:04 am)
freitag8 :CL has been fun all
day
(08:05 am) freitag8 :I’m down
$157… but it’s been fun trading
CL
(08:05 am) freitag8 :sometimes ya
just gotta laugh or you’ll cry
(08:05 am)
JoeyTSA ::)
(08:07 am) freitag8 :USO
& Uco just hit the scanner
(08:09
am) doji :If all my “closed below”
alarms triggered this morning then now all my
“closed above” are triggering at a faster
pace….
(08:10 am) JoeyTSA :TSLA
having great day
(08:11 am)
doji :lol money from PLUG, FCEL, BLDP
siwtching to TSLA
(08:12 am)
freitag8 :you are probably
right
(08:13 am) freitag8 :CL
testing the low it set an hour ago
(08:21
am) JoeyTSA :watching SCTY
(08:22 am)
regatta :watching ORMP
(08:23 am)
regatta :ORMP w/ big spread
(08:26
am) JoeyTSA :strong moves on
indices
(08:34 am) freitag8 :98.20
looking strong for support on Cl
(08:36
am) freitag8 :I no sooner type it and
it breaks thru it… CL marches to the beat
of its own drum
(08:36 am) JoeyTSA :see
what $98 level does
(08:37 am)
freitag8 :I was short but got out at
98.20… darn it
(08:40 am) doji
:NUS
(08:45 am) freitag8 :On Scanner
now: ED, EXPR, EXXI, NUS, INFY
(08:49 am)
freitag8 :missed that move down oN CL
by 1 tick
(08:52 am) freitag8 :I’m
still up on my PLUG short, but it’s making a
career out of $7.00
(08:52 am) JoeyTSA
:nice one doji on NUS
(08:55 am)
doji :If you were NUS short, I woould
recommend closing 1/2 short here
(09:19
am) Murano :mo nitoring AWAY
(09:35 am)
freitag8 :covering a little more Plug
short here
(09:40 am) freitag8
:covering more PLUG here… only 200 shares
left on this short
(09:42 am) Murano :out
3/4 NQ
(09:48 am) Murano :out last 1/4
NQ
(10:12 am) regatta :watching
CZR
(10:12 am) doji :NUS
(10:28
am) rd :hlf halted on news
(10:29
am) Mitch King:tjx rd
(10:29 am) Murano
:out 3/4 CZR
(10:29 am) Mitch King:must be
ackman’s antics
(10:29 am) JoeyTSA :heck
ofa drop on NUS
(10:30 am) Mitch King:you
guys see the NUS spike down on chart?
parallels HLF, both network marketing sales
force
(10:30 am) Qwert :NUS
halted
(10:32 am) doji :NUS
halted… and I am short!…..
dang…
(10:33 am) Qwert :doji where did u
short at
(10:34 am) JoeyTSA :hopefull
closer to $81
(10:34 am) doji
:Closed 1/2 short……
(10:34 am) Qwert
:looks like you golden Doji
(10:35 am)
JoeyTSA :real nice
(10:35 am) doji
:Shorted at $81.37closed all…..
(10:35
am) Qwert :Lunch on Doji 🙂
(10:35
am) Murano :nice trade doji
(10:36 am)
JoeyTSA :$$$
(10:36 am) doji :No
problem Qwert, send me the bill….
(10:36
am) JoeyTSA :too bad you only shorted 2M
shares and not your full position
🙂
(10:36 am) Qwert :No we want to eat
together would be much more fun
(10:36 am)
Mitch King:FTC opening investigation on
HLF
(10:36 am) Mitch King:Ackman been
urging FTC to open investigation.
(10:37
am) doji :Sure Qwert, put that on our
“to-do” list….
(10:38 am) Qwert :Can you
have your Brazilian secretary set it
up
(10:39 am) doji :Sure, she will
be the “dessert”… hahahahah
(10:39 am)
Qwert :lol
(10:41 am) JoeyTSA :PLUG almost
back to $7
(10:41 am) Mitch King:i think
the fact FTC gave HLF a civil investigation
demand doesnt mean they will rule against
them.
(10:41 am) Mitch King:that $5 bounce
in NUS is going to be similar in HLF when it
opens
(10:44 am) JoeyTSA :HLF indicats to
open about 10% down after halt
(10:46 am)
Mitch King:should drop a little more after
HLF opens
(10:47 am) Mitch King:this FTC
investigation is going to last awhile,
months
(10:49 am) Mitch King:my guess is
HLF could have a big rebound
(10:53 am)
Mitch King:Icahn and other long holders are
going to add to this long
(10:53 am) Mitch
King:in HLF
(10:54 am) Mitch King:NUS is
the better trading stock, not HLF
(10:56
am) doji :Mitch, if we assume Icahan
and other long holders will add to HLF, why
not trading HLF?
(10:57 am) Mitch
King:yeah it should rebound but NUS is more
buoyant, more bouncy so far
(10:57 am)
Mitch King:you watch, ICahn going to get on
tv, probably today or tomorrow and just make
a public war against Ackman. even soros
bot HLF
(10:58 am) Mitch King:i think
people are giong to bid it up. the FTC
investigation demand, CID, which is
requesting information is required since
there is political pressure
(10:58 am)
Mitch King:by congressman
(10:59 am) Mitch
King:whereas normally, FTC issues CID if they
think there is a problem. the HLF case
is because FTC is caving to political
pressure, just to get this looked at “once
and for all”
(11:00 am) Mitch King:if you
take the real issue of a pyramid scheme, the
issue has been 1) the compensation plan
2) if the representatives make most of their
money by recruiting others vs. selling the
product and 3) what the balance of retail
sales vs. recruiting bonuses
(11:01 am)
Mitch King:at the very worse case scenario on
HLF is a change in that balance.
(11:01
am) doji :Long in HLF at
57.35…
(11:02 am) Mitch King:this is not
a case whether they can stay in business, at
worse case scenario the most HLF
would have to change is the comp plan or
different requirements of recruiting vs.
retail sales, and thats it.
(11:02 am)
Mitch King:you heard it here first, I am 100%
sure of this
(11:02 am) Mitch King:good
one on HLF doji, i would think you would want
to peel off gradually that long position,
dont expect it to go back to $68
(11:03
am) doji :YEs Sir… I took it at the
breakout of the triangle with a target to
S3…
(11:03 am) doji :I peeled off
1/2 at 60 already and trailing the
rest….
(11:04 am) Mitch King:and in a
few months way before FTC issues their
findings and requirements, people are going
to buy up HLF in a very big way and Ackman is
going to keep holding on to his loss that
keeps growing.
(11:05 am) doji :All
out HLF
(11:05 am) Mitch King:Ackman’s
attitude is exactly what broke the Bass
brothers when .com cycle bid stocks up huge
in late 90’s. Bass brothers kept saying
stuff like Ackman is crying about.
(11:05
am) Mitch King:godo one doji
(11:06 am)
doji :Thanks Mitch
(11:06 am) Mitch
King:when you see guys talk like Ackman say
stuff like he will hold HLF short “to the end
of his days” those guys eventually disappear,
go bust
(11:07 am) Mitch King:so he spends
years of his profits paying for this
one big loser now that it is so public
Ackman’s large size ego can’t admit the
loss
(11:08 am) Mitch King:i think if he
didnt have the HLF loss, his hedge fund
results would have been fairly decent but i
think he ended up way below average last year
because of this one single position.
thats so dumb when you are managing thousands
of poeple’s money, all because his
ego
(11:09 am) Mitch King:the best traders
are flexible, reasonable, objective,
nimble
(11:21 am) Mitch King:hey you gys,
check this out, Ackman has 60,000,000 shares
short according to his disclsoure, Bloomberg
says. there are 101 mil shares
outstanding so no wonder why Icahn, Soros and
other big names took the otherside of the
trade because they can force Ackman to
cover
(11:21 am) JoeyTSA :crazy
(11:21
am) Mitch King:at a price of about $63.50
Ackman is down about $500 million on this
position
(11:24 am) Mitch King:and he
manages $11 billion, thats very irresponsible
to have up to a $650 mill loss, or 6.5% of
assets as a loss on one position.
(11:28
am) Murano :out last 1/4 CZR
(11:41 am)
pirate :Mitch you mean he was short
from this level when it was $140 per
share?
(11:42 am) pirate 😮 you
meqan hlf
(11:42 am) pirate
:sry
(11:51 am) Murano :monitoring
AMRI
(11:55 am) JoeyTSA :nice trading on
HLF,NUS still
(12:11 pm) Qwert :monitoring
TRLA
(12:11 pm) JoeyTSA :thanks Mitch,
Qwert,Murano, everyone
(12:11 pm) JoeyTSA
:have a great day, see you
tomorrrow
(12:12 pm) freitag8 :Take
care my friend
(12:13 pm) Qwert :cya joey
have a great night
(12:14 pm) Mitch
King:later joeyo
(12:16 pm) JoeyTSA
:Lightspeed Users : today @ 1:30pdt they are
doing the Trade Ideas webinar
(12:17 pm)
Mitch’s Assist. :ok joey, is tehre a link for
that webinar?
(12:18 pm) JoeyTSA :go to
lightspeed.com education tab and sign
up
(12:18 pm) JoeyTSA :its free, they also
record them, should be up by the
weekend if yuo miss it
(12:19 pm) rd
:any target on TRLA Quert
(12:21 pm) Qwert
:1st one here rd
(12:22 pm) Qwert :sorry
could not get shorts at lightspeed
(12:23
pm) Murano :rd you should see
30.65 but be flexible
(12:26
pm) Qwert :u get shares to short rd of
TRLA
(12:27 pm) Murano :no Qwert
(12:28
pm) rd :makes sense. .618 retracement.
holding a tight stop. thanks for heads
up
(12:32 pm) Murano :rd you should have
covered some
(12:34 pm) rd :covered
at 30.63
(12:34 pm) Murano :very
good
(12:34 pm) Qwert :nice rd
(12:35
pm) rd :thank you
(12:35 pm) Murano
:Lightspeed didn’t have any
shares where did you find shares
rd?
(12:37 pm) rd :IB
(12:39 pm)
doji :No shares by TDA….
(12:39
pm) rd :so far i have had pretty good
luck with shorts at IB
(12:42 pm)
doji :On real or paper money account
rd?…. lol
(12:52 pm) rd :real $.
small amounts
(01:00 pm) Qwert :good night
everyone cya all in the am
(01:00 pm)
rd :seeyou allin the morning.
(01:07
pm) Mitch King:RAD had a 3 hour long, about
3%
|
Web Special
