(06:09 am) Mitch King:Pre Market UP: APOL,
GOLD, ASML, NFLX, CELG, RMTI, AMZN, FCX, UL,
ALNY, MJN, AGNC, LNKD, BIDU, TSLA, WYNN,
CVX Pre Market DOWN: EGAS (06:09 am)
Mitch King:watching CL 08 for a bottom to
buy (06:25 am) Mitch King:CL 08 cycling
very well (06:29 am) Mitch King:looking
for a small bounce in CL 08 (06:30 am)
Mitch King:watching FFIV (06:30 am) Mitch
King:watching SSYS (06:30 am) Mitch
King:watching ALNY (06:30 am) Mitch
King:watching GOLD (06:31 am) Mitch
King:watching PGR (06:31 am) Mitch
King:watching PHM (06:31 am) JoeyTSA :eye
on VMW (06:31 am) Mitch King:watching
SPWR (06:31 am) Mitch King:watching
CVX (06:32 am) Mitch King:watching
CMI (06:32 am) Mitch King:watching
AMGN (06:32 am) Mitch King:watching
GS (06:33 am) Mitch King:watching
CRM (06:33 am) Mitch King:watching
TCK (06:33 am) Mitch King:watching
MCO (06:33 am) Mitch King:watching
CELG (06:34 am) JoeyTSA :YUM getting some
buying (06:34 am) Mitch King:watching
YUM (06:34 am) Mitch King:watching
CVS (06:34 am) Mitch King:watching
QCOM (06:34 am) Mitch King:watching
IBN (06:34 am) JoeyTSA :watching for
bottoms on NFLX,AMZN,GOOG (06:35 am)
JoeyTSA :trail CELG if long (06:35 am)
Mitch King:watching BA (06:35 am) Mitch
King:watching EXP (06:36 am) Mitch
King:watching CF (06:36 am) Mitch
King:watching LNKD (06:36 am) Ed :TSLA
monitor 125 level (06:36 am) Mitch
King:watching WAG (06:37 am) Qwert
:watching YUM (06:37 am) Mitch
King:watching NOW (06:38 am) Mitch
King:watching CNQ (06:38 am) Mitch
King:watching MPEL (06:38 am) Mitch
King:watching NFLX (06:39 am) Mitch
King:watching FBHS (06:40 am) Mitch
King:watching AGNC (06:41 am) Mitch
King:watching BUD (06:43 am) Mitch
King:watching EBAY (06:43 am) Mitch
King:watching RKT (06:43 am) JoeyTSA :eye
on GMCR (06:43 am) Mitch King:watching
NUS (06:44 am) JoeyTSA :SODA
weak, (06:45 am) Mitch King:watching
TRIP (06:47 am) Mitch King:monitoring
PSX (06:47 am) Mitch King:watching
DDD (06:48 am) Mitch King:looking for a
pretty good bounce on CL 08 in the next
hour (06:48 am) Mitch King:monitoring
MET (06:49 am) Mitch King:watching
CMA (06:50 am) JoeyTSA :eye on CREE at
$69, see if it holds (06:50 am) Mitch
King:watching PCYC (06:50 am) Murano
:watching WFC (06:51 am) Mitch
King:watching STT (06:52 am) Mitch
King:watching BIDU (06:53 am) Ed :nice
tight range on SPY so far (06:54 am) Mitch
King:monitoring SNTS (06:55 am) JoeyTSA
:eye on FTNT on break over $20 (06:56 am)
JoeyTSA :eye on NFLX $242 level (06:56 am)
JoeyTSA :/NG had nice move, should have a
couple more (06:57 am) JoeyTSA :EXP
breaking out (06:59 am) Mitch
King:monitoring ACTG (07:02 am) Mitch
King:monitoring EQT (07:03 am) Mitch
King:watching SSYS again (07:04 am) Mitch
King:monitoring DECK (07:05 am) JoeyTSA
:NUS trying to hold $77 (07:06 am) Mitch
King:monitoring REGI (07:07 am) Mitch
King:monitoring SCHW (07:09 am) Mitch
King:watching ALNY (07:15 am) Qwert
:monitoring LEN (07:21 am) Mitch
King:monitoring YY (07:22 am) Mitch
King:monitoring AWAY (07:23 am) JoeyTSA
:nat gas report in 6 minutes (07:24 am)
Mitch King:watching SCTY (07:29 am)
JoeyTSA :lower vol, but ATHN on radar for
push over $92 (07:32 am) Mitch
King:monitoring DTV (07:32 am) Ed :*(US)
WEEKLY EIA NATURAL GAS INVENTORIES: +82 BCF V
+80 TO +85 BCF EXPECTED – (07:34 am) Ed
:keep eye on FDX@ 106 level 3rd day been
having issue with it (07:36 am) Mitch
King:watching NG 08 for a bottom (07:37
am) Mitch King:watching BEN (07:39 am)
Mitch King:monitoring UGAZ (07:53 am)
Mitch King:looking for a small CL 08
bounce (07:54 am) Mitch King:watching
WDAY (08:06 am) Mitch King:monitoring
CAKE (08:16 am) JoeyTSA :eye on
ALK (08:21 am) Mitch King:monitoring
AFOP (08:23 am) Mitch King:watching WDAY
for bottom (08:23 am) JoeyTSA :maybe
tighten AMZN if long on breakout over
$295 (08:25 am) Mitch King:monitoring
ILMN (08:31 am) Mitch King:so CL is
de-linked from CL now (08:31 am) Mitch
King:normally the ES is linked with the price
of CL but what is controlling crude oil now
is the Egyptian news (08:38 am) JoeyTSA
:eye on VRTX (08:40 am) Ed :US) Fed’s Duke
to step down, effective Aug 31st- UPDATE –
Duke has been at the Fed for five years,
appointed by Pres Bush- (08:52 am) Mitch
King:monitoring NXST (09:00 am) Ed :also
corn (09:00 am) Ed :wheat/Grains (09:00
am) Ed :USDA report coming up (09:07 am)
JoeyTSA :watching AMZN to see if $297
holds (09:10 am) Mitch King:watching
TXI (09:10 am) Mitch King:watching
CLR (09:10 am) Ed :would like to see lot
more selling for setup of reversal (09:10
am) Ed :COG monitoring (09:11 am) Ed
:would like more selling into 68area on
COG (09:51 am) JoeyTSA :/CL back to
$105 (10:03 am) Ed :GMCR Green Mountain
Coffee Roasters, Inc. Expanding Addressable
Opportunity with New Commercial Grade Keurig
Carafe Brewing System- (10:07 am) Ed :have
to reboot charts in room (10:47 am) Ed
:low price stocks can lose lot of money, if
not familier stay away (10:47 am) Ed
:RSH (10:47 am) Ed :would not trade if ur
new or not consistent (10:50 am) Ed :also
for newbies and just to reinforce, setups
like LINe, RSH or other reversal type plays
called, Know that going against trend is
advanced and takes precision, best to trade
with trend (10:51 am) Ed :trading with
trend is line of least resistance and pays
most, but those inclined can play reversals
but again only if ur consistent in ur
trading (10:53 am) Ed :if u took RSH long
would cover some in here (11:03 am) Ed
:this will be first attempt (11:03 am) Ed
:Advanced traders monitor AMZN @300
level (11:07 am) Ed :fyi; definitly would
not be holding RSH overnight they may be
bankrupt soon (11:13 am) Ed
:qeak=weak (11:13 am) Ed :advanced trade
LINE acting qeak look for break of lod strong
vol for quick short (11:18 am) Mitch
King:yeah murano, IL setting up for bullshort
on daily chart (11:24 am) Mitch King:the
problem with IL as a bullshort is it is a low
priced stock, and it has only gone up
50% (11:26 am) Murano :watching
UA (11:37 am) JoeyTSA :eye on LNKD for
move to $200 (11:47 am) JoeyTSA :eye on
VMW (11:50 am) JoeyTSA :eye on FDO
also (12:03 pm) Murano :watching
DO (12:26 pm) Murano :watching
TYC (12:27 pm) Ed :would really like
selling vol to pick up (12:27 pm) Ed :IPGP
monitoring (12:31 pm) Ed :reducing 3/4
IPGP long (12:54 pm) Mitch King:should
continue to have good action (12:54 pm) Ed
:have great evening traders (12:55 pm)
Mitch King:later guys
| (05:01 am) taco :gm Qwert and
Emma (05:03 am) Qwert :gm taco,
emma (05:04 am) emma :gm
guys (05:05 am) Qwert :emma how are you
liking the room (05:25 am) emma :i
like the room (05:27 am) taco :ALNY
gap up (05:28 am) taco :positive
results for drug (05:29 am) emma
:GTXI up (05:32 am) JoeyTSA :GXTI
had a decent move yesterday (05:33 am)
taco :ya great call (05:33 am)
JoeyTSA :hit my scanner (05:35 am)
taco :GMCR was great too (05:35 am)
taco :u called it perf (05:36 am)
emma :NUGT up 0.75 (05:36 am)
JoeyTSA :couple nice breakouts
yesterday (05:36 am) JoeyTSA :see what
today brings (05:36 am) taco :ya,
i’m here for half day. going to sister’s fam
cottage (05:36 am) JoeyTSA :not seeing
much gapping down yet but its early, just
UVXY (05:36 am) taco :back
monday (05:37 am) JoeyTSA :enjoy (05:37
am) taco :oh ya we will. nice weather
for it so far (05:37 am) taco :/CL
is moving nice (05:38 am) JoeyTSA :the big
names should be active (05:40 am)
emma :X and KBH up (05:56 am)
JoeyTSA :Good morning
Mitch,Murano,Qwert,everyone (05:57 am)
Qwert :gm joey (05:58 am) Murano :good
morning (05:58 am) JoeyTSA :nat gas # @
7:30, 30yr bond auction at 10am, fed budget
balance at 11..all pdt (05:59 am) JoeyTSA
:early gap down: UVXY, mainly etfs
today (05:59 am) JoeyTSA :early gap up:
ALNY,CELG,APOL.GLD.GOLD,NFLX,AMZN (05:59
am) taco :thx joey (06:00 am) JoeyTSA
:/CL testing $106 again (06:00 am) JoeyTSA
:bernanke = king of the bulls
🙂 (06:02 am) JoeyTSA :Good morning
Ed (06:04 am) taco :nice setup
/CL (06:05 am) JoeyTSA :low priced RMTI on
decent gap off news (06:06 am) JoeyTSA :i
dont usually play low priced stocks or gaps
that arent minimum of $1, but this one
is close enough to keep eye on (06:13 am)
Ed :good morning (06:13 am) Qwert :gm
Ed (06:14 am) taco :thx
mitch (06:14 am) JoeyTSA :thx
Mitch (06:15 am) JoeyTSA :def watching
CELG today (06:17 am) JoeyTSA :using
1663,1667 as /ES levels (06:18 am) JoeyTSA
:using 105.30 as /CL support, probably eye on
106 for res for now (06:21 am)
elisha :gm all – thanks for all the
assorted info (06:33 am) taco
:TSLA (06:37 am) JoeyTSA :closer eye on
AMGN here (06:40 am) JoeyTSA :so far 1667
still res on /ES (06:43 am) taco
:ISRG on move (06:43 am) JoeyTSA :ISRG a
tricky one (06:44 am) JoeyTSA :vol can be
spotty, spreads wide (06:44 am) taco
:letting you guys know, im satay away from
it (06:44 am) JoeyTSA :wish that i had
puts on it rigth before earnings
haha (06:49 am) JoeyTSA :also keep eye on
/NG, report in 40min (06:52 am)
JoeyTSA :was just typing BIDU on breakout
watch (06:54 am) JoeyTSA :yeah Ed, still
in premarket range (06:54 am) JoeyTSA
:give or take a tick (06:55 am) taco
:CMA, WFC trading same (06:57 am) JoeyTSA
:also using $295 on AMZN for breakout to $300
? (06:58 am) JoeyTSA :EXP was one Mitch
mentioned earlier (06:59 am) JoeyTSA :nice
on PCYC, another day with decent
swings (06:59 am) JoeyTSA :eye on ALXN,
want to see it pullback closer to
$100 (07:00 am) taco :CELG in range
.50 (07:01 am) JoeyTSA :yeah, kinda huggin
$133 (07:01 am) JoeyTSA :would expect $1
move either way evntually (07:01 am)
taco :ya (07:02 am) JoeyTSA :nice
bounce on SSYS, great call Mitch (07:05
am) JoeyTSA :lots of rangebound
stuff (07:09 am) regatta
:MDRX (07:13 am) taco :watching
NUS (07:13 am) JoeyTSA :ALNY has been
nice (07:16 am) JoeyTSA :was watching for
GOOG bottom earlier and still missed
it (07:17 am) JoeyTSA :totally blew that
one, 910C went from approx $4 to $8 (07:18
am) Qwert :next time joey (07:22 am)
JoeyTSA :yeah (07:23 am) JoeyTSA :/NG
trading near pp (07:30 am) JoeyTSA :/NG
flying around (07:32 am) JoeyTSA :great
calls today, taking early break..back in
50min (07:32 am) Ed :tad late (07:32
am) Ed :c ya joey (07:32 am) Qwert :enjoy
joey (07:42 am) Qwert :Nice EQT call
Mitch (07:54 am) taco :CELG trying
over 134 (07:57 am) Qwert :AAPL trying for
425 breakout? (08:10 am) dmitry
:looks like no bottom in NG so far (08:12
am) JoeyTSA :AAPL over $426, BIDU over
$96 (08:16 am) JoeyTSA :yeah dmitry on
/NG (08:17 am) JoeyTSA :ALK made nice move
off cons area (08:20 am) JoeyTSA :/ES
still no push thru premarket res, but if so,
should get quick move to 1670..just not sure
it has the push yet (08:29 am) JoeyTSA
:GMCR turned into really nice short, watching
67.50 here (08:31 am) JoeyTSA
::) (08:32 am) Murano 😕 (08:40 am)
regatta :watching AMTD (08:40 am)
JoeyTSA :thx Ed, saw that she was stepping
down (08:41 am) JoeyTSA :/ES still in same
range, big move was overnight (08:51
am) regatta :vstm (08:51 am)
regatta :VSTM spike down (08:52 am)
JoeyTSA :careful with volume on that
one (08:52 am) regatta :just
watching (08:52 am) JoeyTSA :$18 is def
res area (08:52 am) JoeyTSA :based on
L3 (09:00 am) Murano :BIDU bumped up
against R3 and stopped (09:00 am) JoeyTSA
:yeah, Murano $97 big res so
far (09:00 am) JoeyTSA :push thru should
be nice profit though (09:01 am) JoeyTSA
:thx Ed (09:01 am) Murano :yeah (09:07
am) emma :watching TSLA (09:07 am)
JoeyTSA :$297 was bit of res earlier on
AMZN (09:07 am) JoeyTSA :nice on TSLA
emma (09:08 am) emma :thx (09:10
am) JoeyTSA :nice Ed, big red candle just now
too (09:10 am) JoeyTSA :vol-wise i
mean (09:10 am) JoeyTSA :/CL pullback to
S2 area (09:11 am) Ed :yea (09:12 am)
JoeyTSA :i like that its trying to hold
decade # (09:13 am) Ed :yea it
is (09:13 am) JoeyTSA :indis pretty
oversold, just ugly downtrend to
fight (09:13 am) Ed :right thats why I
want more get rid of majority of
sellers (09:14 am) JoeyTSA :yeah, and no
big orders on L3 either way (09:14 am) Ed
:will let others fight it out in
here (09:14 am) JoeyTSA :smart (09:25
am) regatta :watching FLY (09:33 am)
JoeyTSA :/CL nice off S2 , into 200ma
here (09:42 am) Ed :was quick spike on
su (09:42 am) JoeyTSA :just saw
that (09:42 am) JoeyTSA :big vol
there (10:03 am) JoeyTSA :watching $76
support on TBT (10:06 am) Ed :yea think we
had another treasury auciton (10:06 am)
JoeyTSA :yeah the 30yr (10:06 am) JoeyTSA
:fed budget balance at 11pdt (10:19 am)
taco :thanks Mitch Ed, Qwert, Murano ,
Joey and everyone. off to cottage
country. (10:20 am) Qwert :cya
taco (10:20 am) JoeyTSA :enjoy your
weekend taco (10:20 am) taco :have a
great rest of your days, may check in the
room tomorrow if i have data but no
trading (10:20 am) taco :thx see you
omonday for sure (10:24 am) JoeyTSA
:lunchtime for me, see you in
40 (10:28 am) Murano :see you
taco (10:37 am) emma :watching
LINE (10:51 am) emma :sold my line
by 26.25 made $1 (10:52 am) Ed :did u go
long or short emma (10:52 am) emma
:short from 27.25 (10:52 am) Ed :nice
going (10:53 am) emma :i sold to
early (10:53 am) Ed :nice patience to hold
it that long though (10:53 am) emma
:thx (10:54 am) emma :is hard to
wait these time i did it on 5 min
chart (10:54 am) Ed :ok (11:04 am)
Murano :Mitch, would IL qualify as a
bullshort? (11:16 am) JoeyTSA :Murano, nto
sure, but IL does have that type of
look (11:18 am) Murano :I have very little
experience with bullshorts. Only two in
the past. Need Mitch’s help on this
one. (11:18 am) JoeyTSA :$10 looks to be
res, then $12, $18 ?? (11:18 am) Murano
:SEC ended investigation (11:19 am) Murano
:thanks Mitch (11:20 am) JoeyTSA :so the
fed budget balance forecast was 42.1B and it
came in at 116.5B …missed it by that
much 🙂 (11:21 am) JoeyTSA :qwert:
that GOOG miss is now almost at
$920 (11:22 am) JoeyTSA :/ES into 1667
res (11:23 am) Qwert :wow wild day
today (11:23 am) JoeyTSA :yeah (11:27
am) JoeyTSA :WWW announced 2:1 split, payable
on 11/1/13 (11:32 am) emma :spy
hod (11:34 am) JoeyTSA :AMZN $300
🙂 (11:34 am) JoeyTSA :and there’s 1570 on
/ES (11:34 am) JoeyTSA :took all day
haha (11:35 am) Ed :with all the funny
money u mean we cant have 500 point day like
we use to (11:35 am) emma :great job
joey (11:35 am) JoeyTSA :yeah Ed (11:36
am) JoeyTSA :thanks emma, kept waiting
for 1667 to break (11:36 am) JoeyTSA :BIDU
still petering out aroudn 97 though (11:37
am) JoeyTSA :LNKD not sure $200 wil be today,
but if not, def on watch for tomorrow with
market follow-through (11:38 am) Ed :they
just posted on news, “higher rates good for
bonds” (11:38 am) JoeyTSA :PCLN,GOOG back
in a race to $1000 haha (11:38 am) Ed
:only in a banana republic (11:39 am)
JoeyTSA :i havent followed bonds in a long
time (11:39 am) Ed :when rates pop we will
see what bondholders have to say about that
🙂 (11:40 am) JoeyTSA :yeah, thought i saw
that 30rd mortgages are highest in a while
too? (11:41 am) Ed :yep (11:44 am)
JoeyTSA :hey Ed, did you ever play
COG?? if not, dont look
haha (11:45 am) Ed
:nooooooooooooooooooooooooooooooooooooooooooo
oooooo (11:45 am) JoeyTSA :dont look i
siad (11:45 am) Ed 😮 well (11:45 am)
Ed 😮 yea (11:45 am) JoeyTSA :yeah, gave
planty of entry time also (11:45 am)
JoeyTSA :with a fairly nice r/r (11:45 am)
Ed :was about to say gave severl test and
chances (11:46 am) Ed :good study chart
though (11:46 am) Ed :for those who have
not seen that type of setup (11:46 am)
JoeyTSA :minimum 5:2 r/r and fairly
reasonable 5:1 (11:47 am) Ed :just rub it
in with salt on the wound please
LOL (11:47 am) JoeyTSA :as soon as my
wound is filled 🙂 (11:47 am) Ed
:lol (11:48 am) JoeyTSA :we even mentioned
the decade # @ $70 (11:48 am) Ed :yes and
each time the stock said hey joey/ed, take
me (11:48 am) JoeyTSA ::) (11:49 am)
JoeyTSA :QIHU hitting scanner (11:49 am)
JoeyTSA :be more interested if it pushes over
$53 (11:49 am) Ed :dollar was getting to
strong so that had to jawbone it
down (11:49 am) Ed :that=they (11:50
am) JoeyTSA :not sure why i follow things,
then stop…like bonds or the dollar for
example (11:50 am) Ed :less
noise (11:51 am) JoeyTSA :last week i had
/6J up , this week i have /YM on that
chart (11:51 am) JoeyTSA :almost like i
totally forget about the other thing i was
watching (11:51 am) Ed :like last month i
was trader, now im secretary (11:52 am) Ed
:for myself 🙂 (11:52 am) JoeyTSA
:haha (12:03 pm) JoeyTSA :/TF into the
1030 area (12:04 pm) JoeyTSA :nice vol
spike murano (12:07 pm) Murano :DO needed
to get closer to 72 to be a worthwhile short
in my opinion (12:08 pm) Ed :agree i like
that area to murano (12:12 pm) emma
:made 0.15 short on VMW hard work (12:13
pm) JoeyTSA :better than losing 🙂 (12:13
pm) emma :true (12:13 pm) JoeyTSA
:doesnt really take much to make a good
living, so those smaller moves are still
nice (12:14 pm) JoeyTSA :eye still on FDO
$70 (12:14 pm) emma :oh
yeah (12:15 pm) Murano :the dow is up 162
points. shorts will be tough (12:16
pm) Ed :with gap up market holding highs, no
traction to downside, stocks being held
up (12:16 pm) Ed :right murano (12:16
pm) JoeyTSA :yeah (12:17 pm) Ed :unless
really bad news like on RSH and even then
still had nice reversal but it reverted back
to selling (12:18 pm) Murano :if you are
short a stock and it goes bankrupt, how do
you cover? (12:18 pm) JoeyTSA :not
sure (12:18 pm) Ed :it becomes like kmart,
or gm. all goes to 0 on stock side (12:19
pm) Ed :this is where people like Buffet do
well or others that play insolvent
companies (12:19 pm) Ed :but even with GM
bondholders got hurt, do to uncle sam
stepping in (12:19 pm) JoeyTSA :do they go
straight to $0 (12:19 pm) Ed
:do=due (12:20 pm) Ed :not
straight (12:20 pm) JoeyTSA :or could you
have a sell at $1 ? (12:20 pm) Ed :market
places value on it so kind of like warning
signs (12:20 pm) JoeyTSA :ok (12:20 pm)
Ed :like tomorrow say if selling for 1 then
lower (12:21 pm) JoeyTSA :thats one reason
i never play penny stocks (12:22 pm) Ed
:market saying hay something wrong but lights
really go out, although price had given
warning prior when lost 70, 60 10,,5 and so
on (12:22 pm) JoeyTSA :thanks (12:22
pm) JoeyTSA :LNKD at $197 (12:23 pm) Ed
:But kind of like ur theory joey, follow big
money, they have resources to do the
research, we just want to follow there tracks
and use common since, if stock selling for 3,
there is reason why especially if have
declined from say 80 (12:24 pm) JoeyTSA
:yep (12:25 pm) Ed :funny how it works, if
markets percieve ur swamp land is worth
something they will bid up price. Then they
do research and say wait, this is piece of
………, then we know what
happens (12:26 pm) Ed :sorry for soap
box (12:27 pm) Ed :but i try to be
educational also (12:28 pm) Ed :very very
quiet goup today (12:31 pm) JoeyTSA :makes
total sense (12:32 pm) Ed :thx joey
livermore (12:32 pm) JoeyTSA :after GOOG
today, its joey liverworst (12:32 pm) Ed
:lol (12:32 pm) Ed :ur funny (12:32 pm)
JoeyTSA :always 1 a day i really screw
up (12:33 pm) Ed :yea but u called it over
900 (12:33 pm) JoeyTSA ::) (12:33 pm)
JoeyTSA :now im calling it a day
haha (12:33 pm) Ed :c ya (12:33 pm)
JoeyTSA :Thanks Mitch,Ed,Murano,Qwert,
everybody (12:34 pm) JoeyTSA :great calls,
see you all tomorrow (12:34 pm) emma
:s u all tomorrow thanks for the great
day (12:35 pm) Ed :c ya emma (12:36 pm)
emma :and thx for IPGP for the end of
the day made 0.55 (12:36 pm) Ed :nice
emma (12:41 pm) Qwert :Bye everyone
awesome calls today gonna take the kids to
the movies cya in the am (12:41 pm) Ed :c
ya qwert (12:41 pm) Murano :see you
qwert (12:52 pm) Murano :big down day for
PF with lots of volume (12:54 pm) Ed :thx
will keep on list for tomorrow
|