| (06:08 am) Mitch King:looking for a bottom in
CL 09 soon
(06:15 am) Mitch King:Pre Market UP: HIMX,
NFLX, ISIS, PHG, GOLD, SPTN, GLD, PETS, EMR,
LII, NAFC. Pre Market DOWN: HAS, SIX, MCD,
GILD, THRX, DWA, WYNN, ALV.
(06:28 am) Murano :watching YHOO
(06:29 am) JoeyTSA :GOOG getting move
(06:30 am) Mitch King:watching CTSH
(06:30 am) Mitch King:watching BIIB
(06:30 am) Mitch King:watching FOXA
(06:30 am) Mitch King:watching MDLZ
(06:30 am) Mitch King:watching CERN
(06:30 am) Mitch King:watching PAAS
(06:31 am) Mitch King:watching ADBE
(06:31 am) Mitch King:watching THRX
(06:31 am) JoeyTSA :watching AMGN
(06:31 am) Mitch King:monitoring ROST
(06:31 am) Mitch King:watching CTXS
(06:31 am) Mitch King:watching CELG
(06:32 am) JoeyTSA :eye on MCD , using $97 as
support potential
(06:32 am) Mitch King:monitoring UTX
(06:32 am) Mitch King:watching ADP
(06:32 am) Mitch King:watching WYNN
(06:32 am) Mitch King:watching ORLY
(06:32 am) JoeyTSA :eye on FSLR too
(06:32 am) Mitch King:wathcing ISIS
(06:33 am) Mitch King:watching LII
(06:34 am) Mitch King:watching SIX
(06:35 am) Mitch King:monitoring MLNX
(06:36 am) JoeyTSA :watching KMB for
potential breakout over $98
(06:36 am) Mitch King:REGN moving up
(06:36 am) Mitch King:watching CLR
(06:40 am) Mitch King:watching HLF
(06:41 am) Mitch King:watching TWC
(06:41 am) Qwert :watching SLB
(06:41 am) Mitch King:monitoring GNC
(06:43 am) Mitch King:watching KMB
(06:44 am) Mitch King:wathcing UVXY
(06:44 am) Ed :SPY new lod
(06:49 am) Mitch King:watching MAN
(06:54 am) Ed :monitoring for potential
bounce
(06:54 am) Ed :monitoring NFLX no hurry
(06:56 am) Mitch King:Egypt is moving to
create a new constitution, that is probably
why CL 09 is dropping.
(07:00 am) JoeyTSA :GOOG making higher lows
so far, on watch
(07:00 am) Ed :*(US) JUNE EXISTING HOME
SALES: 5.08M V 5.25ME
(07:01 am) Ed :/GC new highs based on data
(07:01 am) Mitch King:watching ISIS
(07:02 am) Mitch King:watching YELP
(07:02 am) Ed :rather testing highs
(07:04 am) Ed :rates on bonds creeping up,
cauisng little selling in markets
(07:07 am) JoeyTSA :watching YRCW, nothing
yet
(07:10 am) JoeyTSA :eye on /CL as it nears
$108
(07:12 am) Ed :reduicng 3/4 NFLX long
(07:13 am) Ed :JCP keep eye on
(07:24 am) JoeyTSA :eye on GOOG for breakout
over $906
(07:25 am) JoeyTSA :ATHN vol spike
(07:35 am) Mitch King:looking for a 20 tick
bounce in CL 09
(07:54 am) JoeyTSA :eye on /ES 1690 res
(07:58 am) Mitch King:Its pretty scary being
long on a day trade for CL 09 and then
looking at a daily chart on it.
(08:00 am) JoeyTSA :keeping an eyeon HLF
(08:03 am) JoeyTSA :/TF in a res area
(08:16 am) JoeyTSA :/CL coming into $107
(08:36 am) JoeyTSA :PRLB slight vol spike
(08:54 am) Qwert :watching HTS
(08:57 am) Ed :would keep eye on 75 level
(08:57 am) Ed :GMCR trying to get a bid
(09:01 am) Mitch King:monitoring TFM
(09:03 am) Mitch King:monitoring TMH
(09:03 am) JoeyTSA :SODA got some buying
also
(09:09 am) Murano :watching ONXX
(09:12 am) Ed :ONXX AstraZeneca, Pfizer and
Novartis are all said to be preparing bids
for Onyx –
(09:16 am) JoeyTSA :watching BIDU $112 level
(09:36 am) JoeyTSA :NFLX sitting at big
intraday s/r
(09:45 am) Mitch King:sorry, late post,
dropped while typing
(09:45 am) Mitch King:getting a sell signal
on CL 09, might take 30 min
(09:46 am) Mitch King:when that happens, dont
chase, let instrument rebound a little to get
better price on a serll
(09:53 am) JoeyTSA :i passed, but if you took
BIDU short you might want to tighten here
(10:19 am) Ed :WDC Appeals court in Minnesota
has affirmed the prior arbitration award for
Seagate against the company; found lower
court was in error in its decision to
partially vacate the award valued at $630M –
financial press
(10:20 am) Qwert :monitoring CLDX
(10:20 am) Ed :thats for WDC/STX
(10:29 am) Ed :nice one herman on USU
(10:30 am) JoeyTSA :eye on QIHU as it nears
$57
(10:30 am) Ed :moved up $2 since ur post
(10:31 am) Murano :watching BIIB
(10:33 am) Ed :if u missed move on USU, dont
chase thats when u get hurt
(10:39 am) Ed :for advanced traders way to
play use whole numbers with tight .03 stop
(10:40 am) Ed :but again if ur not familiar
with play strategy stand on sidelines
(10:42 am) Ed :they did have no cooment on
unusual activity in stock on friday also
(10:42 am) Ed :i see 1 for 25 reverse split
but that was from 6/27
(10:47 am) Mitch King:this should settle CL
down more
(10:47 am) Mitch King:my guess is that CL is
starting process of breaking down on the
daily chart after headlines that Egyptian
modifying condstitution to make way for free
elections
(10:48 am) Mitch King:careful with USU
spread, huge
(11:03 am) Ed :GSK Ticking lower on
circulation of what appears to be
misunderstood chatter about an impending
Citron research report tommorow-
(11:03 am) Ed :just monitoring NFLX right
now
(11:11 am) Ed :dontrend still intact for
NFLX
(11:40 am) Murano :watching KKR
(11:53 am) JoeyTSA :watching IOC
(12:01 pm) JoeyTSA :Z spike , but vol is
spotty
(12:56 pm) Ed :have great eve traders
| (05:18 am) dd1969 :Good morning!
(05:21 am) Qwert :good morning dd1969 🙂
(05:21 am) taco :good morning dd1969, Qwert
(05:22 am) Qwert :gm taco
(05:53 am) JoeyTSA :Good morning
Mitch,Murano,Qwert, traders
(05:54 am) JoeyTSA :existing home sales @
7pdt
(05:54 am) Murano :good morning
(05:55 am) JoeyTSA :NFLX has earnings today,
will be on radar all day
(05:56 am) JoeyTSA :using $108 as /CL support
watch area, its up about 50cent from there
now though
(05:57 am) JoeyTSA :/GC had big move when it
opened yesterday
(05:58 am) JoeyTSA :for now will be watching
/ES range of 1688-1694
(05:59 am) JoeyTSA :early gap down:
MCD,GILD,SIX,THRX
(06:00 am) JoeyTSA :early gap up:
HIMX,PETS,ISIS,NFLX,EMR
(06:01 am) taco :thx joey, HIMX already
pretty active, deal w google
(06:02 am) taco :nice ?CL move
(06:02 am) taco :/
(06:03 am) JoeyTSA :thx taco, another stock
NAFC looks to be some kind of deal also
(06:03 am) JoeyTSA :NAFC merger with APTN
(06:04 am) JoeyTSA :SPTN not APTN..never
heard of either
(06:04 am) JoeyTSA :assuming SIX is down due
to roller coaster accident
(06:08 am) dd1969 :six
(06:11 am) JoeyTSA :good morning dd1969, new
to the room?
(06:12 am) dd1969 :Sort of. I tried it last
year and really enjoyed it.
(06:12 am) JoeyTSA :i remember a 1969
screenname, wasnt sure if it was you or not
(06:14 am) herman :good morning everyone
(06:16 am) running :Morning Quert et aii.
(06:16 am) taco :thx Mitch, nice /CL call
too
(06:17 am) skydiver :gm all
(06:21 am) JoeyTSA :nice $1 selloff on /CL
(06:25 am) JoeyTSA :Good morning Ed, when
does Diosna get back?
(06:27 am) Ed :late next week
(06:27 am) JoeyTSA :thats what i thought
(06:27 am) Ed :end of next week
(06:27 am) JoeyTSA :right after i leave for
vacation
(06:28 am) Ed :ok. Yea been fun, I been
working her comuputer and mine
(06:28 am) Ed :her computer has charts for
room
(06:28 am) JoeyTSA :right
(06:34 am) JoeyTSA :on MCD, looking for range
break of $97,98
(06:34 am) JoeyTSA :missed beautiful hammer
on NFLX
(06:35 am) JoeyTSA :NFLX will be tricky today
i think, volatile due to earnings
(06:35 am) skydiver :TSLA strong so far this
morning
(06:40 am) skydiver :TSLA – toppish?
(06:41 am) JoeyTSA :could be sky, over $124
might get a nice continuation
(06:41 am) skydiver :I’m kind of thinking
that too joey . . . thanks 🙂
(06:44 am) skydiver :all out of TSL:A long
— will monitor
(06:45 am) taco :nice sky
(06:47 am) skydiver :long again on TSLA
(06:50 am) skydiver :joey was correct on
TSLA 🙂
(06:50 am) JoeyTSA :TSLA nice move
(06:50 am) skydiver ::)
(06:51 am) skydiver :all ouit of TSLA long
again
(06:51 am) taco :nice trading sky
(06:52 am) skydiver :not sure how good it
was taco, but it worked ouit . . thnx 🙂
(06:56 am) skydiver :sttinig on hands for a
bit — do not want to throw away profits 🙂 .
. time to refocus
(06:56 am) skydiver :thanks Mitch
(06:56 am) JoeyTSA :thx Mitch
(06:57 am) JoeyTSA :thankfully TSLA paid my
back for my small loss in KMB 🙂
(06:57 am) skydiver :thnx again joey on TSLA
— my one weakness is reading break outs . .
nice joey 🙂
(06:58 am) JoeyTSA :honestly, not looking at
anything magical
(06:58 am) JoeyTSA :saw horizonal lines at
the round #’s
(06:58 am) skydiver :understood joey , , ,
learning still 🙂
(06:59 am) JoeyTSA :TSLA had res @ 124,
pulled back and held 123
(06:59 am) JoeyTSA :looks like 125 now is
res
(06:59 am) skydiver :gotcha on the 125
(06:59 am) JoeyTSA :and i dont worry about
price over/undershooting 20 or 30cents on
stocks priced a bit higher
(07:00 am) skydiver :ok
(07:00 am) skydiver :good point
(07:00 am) JoeyTSA :thats why i usually use
the term “area” ie ; watching $125 area for
breakout
(07:00 am) JoeyTSA :thx Ed
(07:00 am) skydiver :thnx as well Ed
(07:09 am) skydiver :TSLA – crazy stock —
but a fun one
(07:09 am) JoeyTSA :yeah, perfect chart to
study too
(07:10 am) JoeyTSA :looks to be getting heavy
though
(07:10 am) skydiver :yes
(07:10 am) JoeyTSA :esp if $125 doesnt hold
now
(07:12 am) JoeyTSA :/TF making some ok moves
(07:12 am) skydiver :nice Ed
(07:13 am) JoeyTSA :great trade Ed, did you
catch the dbl bot?
(07:13 am) taco :nice ed
(07:13 am) skydiver :JCP – Kraft foods CEO
moving to JCP to take helm? Just caught a
bit of the audio news
(07:15 am) JoeyTSA :thx Ed,Sky on JCP watch
(07:18 am) skydiver :NFLX moving up still .
. very nice Ed 🙂
(07:19 am) Ed :thx sky
(07:20 am) Ed :i know its easier said than
done, but if we wait, stock will eventually
tell us what it wants to do, and give high
probability signal, if not best to pass
(07:20 am) skydiver :thnx Ed . . good
teaching 🙂
(07:20 am) taco :right ed
(07:21 am) skydiver :now to apply your
teaching to my trading 🙂
(07:21 am) Ed ::)
(07:22 am) Ed :takes practice, 🙂
(07:23 am) skydiver :just like my mother
told me growing up playing organ and
accordian — practice practice practice –
but so very true
(07:23 am) JoeyTSA :problem is that most
people practice wrong, so they get really
good at being wrong
(07:23 am) skydiver :goo point joey
(07:23 am) skydiver :good
(07:24 am) Ed :true
(07:24 am) JoeyTSA :only perfect practice is
any good
(07:24 am) JoeyTSA :GOOG if breakout, could
get to $910 quick
(07:25 am) JoeyTSA :everytime we do
something, the brain creates a
neuro-connection….whether that something is
a good habit or a bad habit
(07:26 am) JoeyTSA :the more you repeat that
good or bad habit, the more it gets
ingrained
(07:27 am) skydiver :that’s why TSA is so
good. . . helps us creat good habits 🙂
(07:28 am) JoeyTSA :what the brain creates is
called myelin
(07:35 am) JoeyTSA :did vol dry up a bit?
(07:36 am) Ed :seems like it
(07:37 am) JoeyTSA :break time, see you in
20, keep eye on ATHN, its over $115 now
(07:37 am) skydiver :take care joey
(07:37 am) taco :thx joey enjoy
(07:43 am) regatta :watching YHOO
(07:50 am) skydiver :Have a great day all!!
thanks again for great calls, tips, and
teaching — keep making lots $$$ 🙂
(07:50 am) taco :c ya sky:)
(07:51 am) skydiver ::)
(07:53 am) JoeyTSA :bye sky
(07:58 am) elisha :gm all
(07:58 am) taco :gm elisha
(07:58 am) elisha :gm taco
(07:58 am) JoeyTSA :elisha slept in 🙂
(07:59 am) elisha :i wish!
(08:00 am) JoeyTSA :yeah Mitch, about 30
seconds b4 you posted i pulled up a chart of
SCO
(08:03 am) shark :DUST -crazy today
(08:04 am) JoeyTSA :yeah, 3x etf, vol is
always weird on that one though
(08:04 am) JoeyTSA :seems pretty steady today
so far though
(08:05 am) shark :yeah
(08:05 am) JoeyTSA :i think the options are
even spottier
(08:06 am) shark :NDLS showing some life on
daily -forming a nice flat base
(08:07 am) JoeyTSA :yeah, thx for the
reminder, hasnt hit my scanner in well over a
week
(08:07 am) elisha :GS walking up a channel?
(08:08 am) JoeyTSA :looks like it, watch
$166
(08:09 am) elisha :ok, thanks
(08:11 am) elisha :IBM chart looks like GS –
up a channel and no volume
(08:13 am) JoeyTSA :weird, the other day
stocks were moving with the futures being
kind of stuck, today futures are moving but
not seeing a lot of stocks moving for the
most part?
(08:14 am) elisha :so if the vol is very
light and the stock is moving up like those
two does that mean there are no sellers?
sorry if thats a stupid question – really
asking
(08:14 am) JoeyTSA :not really sure, Ed might
have a better answer
(08:14 am) elisha :kind of steep channels
(08:15 am) elisha :for no volume i mean
(08:15 am) Ed :great point, elisha
(08:15 am) elisha :Ed – any thoughts?
(08:16 am) elisha :but what does it all mean
Uncle Ed?
(08:16 am) Ed :but yes that is the case,
light vol, stock still moves up means lack of
sellers
(08:17 am) elisha :so in this scenario means
extreme lack of sellers?
(08:17 am) Ed :just lack of sellers,
(08:17 am) Ed :keep in mind too why its good
to take some profits, trail stop etc. sellers
can come from out of nowhere and knock stock
down
(08:18 am) JoeyTSA :great point
(08:18 am) elisha :thank you Ed
(08:18 am) taco :yes
(08:19 am) JoeyTSA :Eurozone debt burden at
all-time high
(08:19 am) elisha :They need to cry us a
river
(08:20 am) taco :NFLX near yest low
(08:22 am) JoeyTSA :they are too focused on
the royal birth 🙂
(08:22 am) elisha :”)
(08:23 am) JoeyTSA :so far only 51% of
S&P companies have beat on revenue.
overall revenue will be down 1.2% this
earnings season
(08:24 am) elisha :thx joey
(08:24 am) so :TSLA is great
(08:24 am) JoeyTSA :65% have been on profits,
but those targets were pretty low to begin
with
(08:24 am) JoeyTSA :have beaten
(08:25 am) taco :nice /CL run
(08:26 am) JoeyTSA :right off $197 area
(08:26 am) JoeyTSA :$107
(08:26 am) taco :ya a sink or swim # , area
(08:34 am) JoeyTSA :agree taco, $107 seemed
safe for a long despite overall downtrend..
(08:34 am) JoeyTSA :$107.20 nice profit
target, with 10t stop gave a 2:1 r/r
(08:34 am) JoeyTSA :had slight pos div on
that mini dbl bot too
(08:35 am) taco :right
(08:36 am) JoeyTSA :PRLB about 80c move, just
watching, overall vol low
(08:37 am) JoeyTSA :watching 65.90 as res
though
(08:37 am) taco :/CL bounce twice friday off
107 too
(08:37 am) JoeyTSA :traders seem to wake up
when prices hit rd numbers, esp decade #’s
(08:38 am) taco :agree
(08:44 am) taco :WHR near hod
(08:52 am) Ed :u got ur 910 on GOOG
(08:52 am) JoeyTSA ::)
(08:53 am) Qwert :nice on GOOG joey
(08:53 am) JoeyTSA :again, nothing magical
about the breakout area/target
(08:57 am) regatta :watching GDP
(08:59 am) herman :thanx joey prlb
(09:00 am) JoeyTSA :no prob herman, 65.90 was
good res
(09:01 am) herman :got out a little early
(09:01 am) JoeyTSA :better too early than too
late
(09:02 am) JoeyTSA :brokeout from 65, pulled
right back to that level
(09:21 am) herman :thanks mitchtfm
(09:26 am) herman :usu
(09:46 am) taco :thx mitch
(10:08 am) JoeyTSA :Ed, on the GMCR room
chart, is that dotted green line for hod?
(10:09 am) JoeyTSA :thought it was darvis at
first, but dont see red darvis support
(10:09 am) Ed :yes new hod
(10:09 am) JoeyTSA :ok great
(10:11 am) JoeyTSA :SIX hit by earnings and
accident
(10:11 am) JoeyTSA :accident also at cedar
point this weekend, cant remember their
ticker though
(10:12 am) Ed :thx
(10:12 am) JoeyTSA :cedar fair is the parent,
ticker is FUN, no vol
(10:15 am) taco :/CL approaching 107 again
(10:17 am) Ed :some of that froth been coming
out
(10:18 am) taco :back in a hour or so, wait
for the good ones:)
(10:18 am) JoeyTSA :yeah /CL got a little
funky there
(10:26 am) herman :thanx qwert in21.80 out
21.60
(10:27 am) Qwert ::)
(10:31 am) herman :thnx ed
(10:32 am) JoeyTSA :USU rockin’, nice one
(10:34 am) JoeyTSA :time for lunch, see you
in 30
(10:37 am) Qwert :anyone know what the news
is on USU
(10:39 am) Ed :only see something from 7/20
(10:42 am) Qwert :looks like it got halted
(10:42 am) herman :usu 13 mil short float 4
mil
(10:43 am) Ed :melt up then
(10:43 am) Qwert :thats what i was just
looking at Ed the unusual activity statement
(10:44 am) Qwert :/CL coming back up to 107
now
(10:46 am) Qwert :Halted for volatility code
(10:48 am) Murano :covered 3/4 BIIB
(10:49 am) Ed :nice trade murano
(10:52 am) herman :good call biib murano
(10:53 am) Murano :covered last 1/4 BIIB
(11:04 am) regatta :JNY spike
(11:12 am) JoeyTSA :what was nice short from
that earlier support
(11:12 am) JoeyTSA :that not what
(11:12 am) JoeyTSA :ugly pullback going into
earnings..maybe someone knows something?
(11:13 am) Ed :that and BIIB also
(11:13 am) Ed :in trend pays most money
(11:13 am) JoeyTSA :yep, big moves
(11:35 am) taco :some nice moves
(11:45 am) Murano :I am not trading KKR
wanted it to continue up
(11:54 am) JoeyTSA :saw IOC about 2 minutes
too late
(12:01 pm) JoeyTSA :Z got a 2nd surge just
now too
(12:03 pm) Murano :if you took KKR short
would cover some here
(12:17 pm) taco :Z was good call joey
(12:18 pm) taco :i didn’t trade it tho
(12:18 pm) JoeyTSA :i didnt either
(12:19 pm) JoeyTSA :have to leave early
today
(12:19 pm) JoeyTSA :Thanks
Mitch,Ed,Murano,Qwert, everyone..enjoy your
afternoon, see you all tomorrow 🙂
(12:19 pm) taco :c ya joey have a great day
too
(12:19 pm) Qwert :bye joey have a great
night
(12:20 pm) JoeyTSA :dont forget to keep eye
on NFLX, earnings coming up
(12:20 pm) herman :bye joey
(12:20 pm) Qwert :anyone trade Z?
(12:20 pm) herman :wish
(12:20 pm) Ed :c ya joey
(12:20 pm) Qwert :huge spread and no depth so
i passed but huge move
(12:21 pm) Murano :see you joey
(12:26 pm) Qwert :bye everyone gotta go early
to take the wife out to lunch, cya all in
the am
(12:26 pm) taco :nice Qwert, cya
(12:29 pm) Ed :c ya qwert
(12:31 pm) Murano :done for the day, see you
tomorrow
(12:31 pm) taco :bye Murano
(12:32 pm) herman :me too thank you
everybody
(12:32 pm) taco :c ya herman nice calls
(12:32 pm) Ed :c ya murano/herman
(12:57 pm) taco :thanks Mitch Ed, and
everyone have a great rrest of your days
|
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