| (05:38 am) JoeyTSA :looks like most big names
and LL have gap downs
(05:38 am) JoeyTSA :early levels /ES
1847-1953; /CL 101.70-102.20
(05:39 am) JoeyTSA :nothing catching my eye
on the gap ups outside of some etfs
(06:08 am) Mitch King:Premarket UP: AMRE,
TVIX, IGT, Premarket DOWN: SUNE, MBUU, MT,
GRPN, GTAT, GLUU, JD, TWTR, CBS, GPRO, DB,
KOS, ONVO, ALU, BSBR, CSIQ, BCS, DDD, FEYE,
NBG, KNDI, SAN, PXLW, EROS, MEMP, SRPT, PBPB,
LL
(06:10 am) Mitch King:looks like Portugal
concerns is driving down markets this
morning. triggered selloff in Europe
(06:33 am) Mitch King:monitoring CRAY, not
ready for any short
(06:33 am) JoeyTSA :eye on BIDU
(06:33 am) Mitch King:SYNA more downside
likely
(06:36 am) Mitch King:watching TREX for
bottom, no hurry
(06:36 am) JoeyTSA :UAL uptending so far off
gap up
(06:38 am) Mitch King:AAL moving up, more
upside likely
(06:38 am) JoeyTSA :tightenBIDU if long
(06:39 am) Mitch King:if a stock is trending
up in a sharply down market, those are good
candidates for longs that last for awhile
(06:40 am) Mitch King:DSW more downside for
possible short
(06:41 am) Mitch King:watching SRPT for long
entry
(06:43 am) Mitch King:SSYS rebounding, today
4th downday
(06:44 am) Mitch King:watchign QIHU for long
entry on this drop
(06:44 am) Qwert :watching TTS
(06:50 am) JoeyTSA :eye on UAL again
(06:51 am) JoeyTSA :keeping eye on /ES 1947
(06:53 am) Mitch King:LNKD bouncing
(06:54 am) JoeyTSA :/CL testin 102.20 res
level agan
(06:58 am) JoeyTSA :watching BIDU for
potntial breakout
(07:00 am) Mitch King:07:00 *(US) MAY
WHOLESALE INVENTORIES M/M: 0.5% V 0.6%E;
WHOLESALE TRADE SALES M/M: % V 0.9%E – Prior
Wholesale Inventories MoM revised XXX from
1.1% to – Prior Wholesale Trade Sales MoM
revised XXX from 1.3% – Source
TradeTheNews.com
(07:00 am) Mitch King:Premarket UP: AMRE,
TVIX, IGT, Premarket DOWN: SUNE, MBUU, MT,
GRPN, GTAT, GLUU, JD, TWTR, CBS, GPRO, DB,
KOS, ONVO, ALU, BSBR, CSIQ, BCS, DDD, FEYE,
NBG, KNDI, SAN, PXLW, EROS, MEMP, SRPT, PBPB,
LL
(07:30 am) Mitch King:07:30 *(US) WEEKLY EIA
NATURAL GAS INVENTORIES: +93 BCF VS. +90 BCF
TO +94 BCF EXPECTED RANGE – Source
TradeTheNews.com
(07:35 am) Mitch King:TRW alert
(07:36 am) Mitch King:AXL moving
(07:36 am) Mitch King:reportedly has received
takeover offer from ZF for 11-12 bill
(07:36 am) Mitch King:TRW halted based on
Corporate Action
(07:38 am) Mitch King:ALV
(07:40 am) Mitch King:TRW open
(07:46 am) Mitch King:/ES breakout to new
high of day
(07:49 am) Mitch King:SXC spike
(08:05 am) Qwert :monitoring TSCO
(08:09 am) Mitch King:monitoring UBNT
(08:44 am) Mitch King:watching TNA for
bounce, maybe 35-40 cent profit on the long
side
(09:12 am) Mitch King:monitoring AXLL
(09:15 am) JoeyTSA :eye on LO
(09:27 am) JoeyTSA :/ES testing 1960
(09:43 am) Mitch King:looking for bounce in
AXLL
(09:56 am) JoeyTSA :TRW spijke
(10:22 am) Mitch King:TNA new high
(10:23 am) Mitch King:07:30 *(US) WEEKLY EIA
NATURAL GAS INVENTORIES: +93 BCF VS. +90 BCF
TO +94 BCF EXPECTED RANGE – Source
TradeTheNews.com
(10:24 am) Mitch King:09:47 [TRW] Confirms
receipt of acquisition proposal; evaluating
other strategic alternatives – Received a
preliminary, non-binding proposal to acquire
the Company. The Company is evaluating the
proposal as well as other strategic
alternatives which may enhance stockholder
value. – Source TradeTheNews.com
(10:24 am) Mitch King:sorry wrong info
(11:17 am) Mitch King:looking for possible
bounce off $45.75 area on AXLL, for small
bounce, then look for possible move toward
low of day at $45
(11:21 am) Murano :watching SSE
(11:36 am) Mitch King:drop in TNA
| (05:29 am) regatta :gm joey
(05:32 am) JoeyTSA :Good morning regatta
(05:33 am) JoeyTSA :wholesale inv @ 7, nat
gas @ 7:30, 30yr bond @ 10am
(05:37 am) Qwert :Good morning Joey, regatta
(05:56 am) rayeh :gm akram, regatta, Qwert,
Murano, & JoeyTSA
(05:56 am) Qwert :gm rayeh
(05:59 am) Murano :good morning
(06:08 am) skydiver :gm all
(06:13 am) Mitch King:if you just look at the
ratio of stocks UP to Down in premarket you
can see right away market is heading down
sharply
(06:32 am) skydiver :ll
(06:33 am) skydiver :LL – nice bounce
(06:38 am) JoeyTSA :/ES back over 1950
(06:38 am) skydiver :long TSLA 217.58 – may
be a bit ealry however
(06:39 am) skydiver :3/4 out of TSLA long
(06:40 am) skydiver :all out of TSLA for
now
(06:41 am) scalpman :TSLA L at 217.41 still
holding
(06:41 am) skydiver :good job Scalp — I
didn’t lilke action . . .but glad working for
you 🙂
(06:42 am) scalpman :It fighting all the
way….but let’s see.
(06:42 am) Mitch King:TSLA should run into
trouble 220-221 area
(06:44 am) scalpman :Thanks Mitch…
(06:47 am) scalpman :TLSA fizzled …you
were right Skydiver
(06:47 am) skydiver :wish I wasn’t scalp
(06:47 am) scalpman :stopped at b.e.
(06:47 am) skydiver :be? ok — good 🙂
(06:48 am) skydiver :watch the SPY – tied
to TSLA most of the time pretty closely
(06:49 am) JoeyTSA :missed decent move on
USU
(06:50 am) JoeyTSA :anyone catch LNKD short?
(06:50 am) skydiver :missed it joey
(06:50 am) JoeyTSA :me too, great setup off
that failure on lower high
(06:51 am) skydiver :yes I see that joey —
sure was a good setup
(06:51 am) skydiver :NUGT – did move up
nicely
(06:52 am) JoeyTSA :loss f1947 with momentum
probably sends it to 1944-43
(06:56 am) JoeyTSA :CRAY hod
(07:00 am) JoeyTSA :thx Mitch
(07:01 am) Mitch King:good one on TTS qwert
(07:01 am) JoeyTSA :watching LL, see if it
gts to $55
(07:02 am) Qwert :thx Mitch
(07:06 am) regatta :qwert, thanks jfor TTS
(07:07 am) skydiver :SPY – trying to rise
(07:07 am) JoeyTSA :/ES trying to test early
res level
(07:08 am) JoeyTSA :great call on AAL Mitch
(07:11 am) Mitch King:i liked AAL cuz was
bullish early when everything else dumping
(07:12 am) Qwert :AAL is nice
(07:12 am) JoeyTSA :yeah and then only gave
slight pullback
(07:12 am) Mitch King:so when we get a
rebound or selling stops, AAL would likely
keep moving up
(07:12 am) Mitch King:plus the dip on the
daily chart too
(07:12 am) JoeyTSA :break time, back in a
bit
(07:13 am) JoeyTSA :great calls
(07:13 am) Qwert :enjoy joey
(07:13 am) skydiver :take care joey
(07:13 am) rd :fdo moving $ and vol
(07:15 am) skydiver :DGLY – quite the move
up
(07:16 am) skydiver :DGLY – Digital Ally
receives VuLink patent, begins shipping new
product
(07:17 am) Mitch King:is that correct a 70
cent spread on DGLY
(07:17 am) Qwert :its halted Mitch
(07:17 am) Mitch King:DGLY float is 1.44 mil
shares, extremely volatile
(07:18 am) skydiver :looks like it is
bouncing pretty quickly 70 cednts then 1
cent then 10 crazy
(07:18 am) skydiver :on the spread
(07:18 am) Mitch King:05:28 [DGLY] Receives
VuLink patent; Begins shipping to law
enforcement customers Has been notified by
the U.S. Patent and Trademark Office that its
initial patent (No. 8,781,292) on its VuLink
connectivity system has been approved and
will issue on July 15, – Source
TradeTheNews.com
(07:18 am) skydiver :thnx Mitch
(07:19 am) Mitch King:that wording “approved”
is incorrect. ther US Patent office does not
approve anything, they either accept an
application or not accept
(07:20 am) skydiver :good to know that info
Mitch — thanks again 🙂
(07:20 am) Mitch King:that is like saying the
IRS approves this or that. which is
incorrect. IRS doesnt approve anything, it
is a matter of compliance
(07:20 am) Mitch King:but a 1.4 mil float, we
can even start a stock moving
(07:20 am) skydiver :DGZLY – frozen
(07:20 am) skydiver :DGLY that is
(07:21 am) skydiver :yes – small float — I
have been on side lines on this one
(07:21 am) Mitch King:its halted
(07:21 am) skydiver :right
(07:21 am) Mitch King:halted due to
Volatility Trading Pause
(07:22 am) Mitch King:resumption time of
10:21:56 eastern on DGLY
(07:22 am) Qwert :nice call on QIHU Mitch
(07:23 am) skydiver :TSLA – did you catch it
again Scalp? long:?
(07:23 am) Qwert :DGLY crazy spread
(07:24 am) skydiver :I went long on TSLA at
216.59 – taking 3/4 off the table here soon
(07:24 am) Mitch King:no shares to short on
DGLY
(07:25 am) Mitch King:would like to see DGLY
drop quickly to $low $6s for long
(07:25 am) skydiver :TSLA taking 3/4 off
table now
(07:27 am) skydiver :all out of TSLA –
playing to maybe too safe – but profit is
proift?
(07:28 am) skydiver :missed LNKD long – got
to get those alarms setup better
(07:29 am) Mitch King:good sell area on TSLA
sky, lot of resistance here
(07:29 am) skydiver :It may continue up . .
but played it safe for now —
(07:30 am) skydiver :thnx Mitch
(07:35 am) Mitch King:TRW halted
(07:39 am) Mitch King:hey qwert, can you give
another TTS for us
(07:41 am) Qwert :Im trying Mitch
(07:42 am) regatta :how about 3 more like
TTS 🙂
(07:42 am) Mitch King:i was only asking for
one regatta
(07:42 am) regatta :i guess i got greedy
(07:42 am) Mitch King:lol
(07:43 am) Qwert :hahaha
(07:43 am) Mitch King:unusual action on TRW,
acting like a buyout rumor but news doesnt
look like rumor
(07:54 am) skydiver :had to step out – my
neighbor cutting down a tree next to my house
. . and now out of time .. another decent
day 🙂 will tryi to jump on again at the
office — see you all
(07:55 am) Qwert :bye sky enjoy your day
(08:06 am) Murano :monitoring TROW
(08:08 am) JoeyTSA :BIDU great breakout
(08:21 am) regatta :just watching GLUU
(08:26 am) Mitch King:here is a hot one for
you guys, CRMB, penny stock went from 5 cents
to 35 cents today
(08:27 am) Qwert :thx mitch
(08:27 am) Mitch King:on news that Lemonis
from the Profit cnbc tv show is buying the
company
(08:27 am) Mitch King:instead of filing for
bankruptcy
(08:27 am) JoeyTSA :Mitch, do you trade
pennie?
(08:28 am) Mitch King:no
(08:28 am) Qwert :Do you Joey I never have
(08:28 am) Mitch King:i just saw the
headlines
(08:28 am) JoeyTSA :never have
(08:28 am) Mitch King:and i follow Lemonis on
The Profit shows, pretty good
(08:28 am) JoeyTSA :well, never anything
under$2-3
(08:29 am) Qwert :Thx for the prayers guys
Lauras cousin passed away last night
(08:29 am) rd :so sorry to hear. she is in a
better place
(08:29 am) Murano :sad to hear that Qwert
(08:29 am) Mitch King:sorry qwert
(08:30 am) Qwert :actually a he but thank you
Murano, everyone
(08:30 am) JoeyTSA :prayers sent Qwert
(08:30 am) JoeyTSA :Laura will bein my
thoughts and prayers
(08:30 am) Qwert :it was a long battle for
him over four years
(08:30 am) Qwert :today would have been there
32 year anniversary
(08:31 am) rayeh :Hi MK, how far do you see
ubnt dropping?
(08:31 am) rd :lucky they had all those
great years together. rare to find any more
(08:32 am) Qwert :very true
(08:32 am) klas :Sorry to here Qwert
(08:36 am) regatta :watching LQDT move down
(08:39 am) JoeyTSA :32yr is a long time, they
were blessed
(08:42 am) Mitch King:ray, the UBNT short was
realized on a 35-40 cent profit, if still
short maybe back to same low of 40.70 area to
cover
(08:43 am) rayeh :tx
(08:49 am) Mitch King:somewhere in here
rayeh
(08:49 am) regatta :watching NERV
(08:54 am) regatta :watching CTCM
(08:59 am) Mitch King:LL spike
(09:06 am) skydiver :Prayers are with the
family qwert . . . just saw the news – I’ll
be on and off here at the office
(09:09 am) JoeyTSA :AMZN might try for $330
(09:16 am) JoeyTSA :a bit late on LO
(09:19 am) Mitch King:AXLL movinbg higher
(09:27 am) Mitch King:LL moving up
(09:43 am) Qwert :Thx for AXLL Mitch
(10:35 am) rayeh :are the charts frozen?
(10:41 am) Murano :the charts on the screen
are frozen
(10:41 am) Mitch King:they are moving on my
side, no price changes?
(10:41 am) Mitch King:they are moving on
projector window, not just the original
chart
(10:42 am) rayeh :tx
(11:24 am) Mitch King:ipo last month on SSE,
not sure of shares available though
(11:28 am) Murano :SSE available at
Lightspeed
(11:32 am) Qwert :Bye everyone got a dentist
appointment see ya in the am great calls
this am
(11:32 am) Mitch King:later qwert
(11:32 am) JoeyTSA :bye Qwert
(11:32 am) Murano :see you Qwert
(12:00 pm) JoeyTSA :Thanks
Mitch,Murano,everyone..have a great day, see
you tomorrw
(12:01 pm) Murano :see you Joey
(12:01 pm) Mitch King:take care joey o
(12:08 pm) Murano :reduce SSE if short
(12:09 pm) Murano :covered last 1/4 SSE
done for the day, see you tomorrow
(12:10 pm) Mitch King:see you murano, thx
(12:40 pm) rayeh :MK, great call on axll.
Thx!
(12:41 pm) rayeh :c’ya all tomorrow
(12:45 pm) Mitch King:there is that $45
number on AXLL short, it went to low of day
(12:54 pm) Mitch King:when you see a big drop
like AXLL and it comes to the low of day like
it just did, you can expect some short
covering, which helps your profits
(12:56 pm) Mitch King:you take care, see you
all tomorrow
|
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