(06:28 am) Mitch King:Premarket UP:
TSLA, SBUX, ATVI Premarket down: VRTX,
AMZN, EXPE, SWI, CELG
(06:30 am) JoeyTSA
:eye on VRSN
(06:30 am) Mitch
King:watching if ONTX drops hard early or has
one large drop to buy bottom,
(06:31 am)
Mitch King:watching SBUX
(06:31 am) Mitch
King:watching FET
(06:31 am) JoeyTSA :OKE
on radar, big moves yesterday
(06:31 am)
Mitch King:watching MDSO, EXPE, UA
(06:31
am) JoeyTSA :VRTX also
(06:32 am) Mitch
King:watchign ARII
(06:33 am) Mitch
King:watching GILD
(06:33 am) Mitch
King:watching HAL for bottom
(06:33 am)
JoeyTSA :watching TSLA and $130
level
(06:34 am) Mitch King:watching AMX
for top
(06:34 am) JoeyTSA :watching for
bottom on NFLX
(06:34 am) Mitch
King:watching CAM
(06:35 am) Mitch
King:TRIP toppy here
(06:35 am) Mitch
King:watching ERJ
(06:35 am) Mitch
King:monitoring DRC
(06:35 am) Mitch
King:watching TGI
(06:36 am) Mitch
King:sorry
(06:36 am) Mitch
King:lea
(06:36 am) Mitch King:watching
CELG
(06:37 am) Mitch King:watching
INVN
(06:37 am) Mitch King:watching CLF
for bottom
(06:37 am) Mitch King:watching
EXPE for bottom
(06:37 am) Mitch King:TRW
toppy
(06:38 am) Mitch King:BIDU
bouncing
(06:38 am) JoeyTSA :TPX potential
trender/breakout
(06:38 am) Mitch
King:watching DRC
(06:39 am) Mitch
King:LEA toppy, quickie short
(06:39 am)
Mitch King:monitoring SWK
(06:40 am) Mitch
King:monitoring UA
(06:41 am) Mitch
King:should be out of CAM long
(06:41 am)
Ed :having issue with TRADEStation
(06:42
am) Mitch King:monitoring VRSN
(06:42 am)
Mitch King:watching AKAM for top
soon
(06:44 am) Mitch King:i mean short
first
(06:44 am) Mitch King:watching USU
for trades, prefer short
(06:44 am) Mitch
King:watching SFUN
(06:46 am) Mitch
King:watching MTH
(06:46 am) Mitch
King:watching GILD closer
(06:46 am) Mitch
King:monitoring EW, missed short
(06:47
am) Mitch King:watching AKAM closer
(06:47
am) Mitch King:GILD trying to
bottom
(06:48 am) Mitch King:EXPE trying
to bottom
(06:50 am) Mitch King:as a
ballerina
(06:50 am) Mitch King:be
flexible
(06:50 am) Mitch King:looking for
63 area or higher on GILD
(06:51 am) Mitch
King:watching IP
(06:52 am) Mitch
King:watching HMSY
(06:52 am) Mitch
King:double top on CELG usually means
sell
(06:52 am) Mitch King:consider
selling or reducing GILD if long
(06:53
am) JoeyTSA :tighten OKE if short
(06:54
am) Mitch King:watching OKE for
bounce
(06:54 am) Mitch King:monitoring
FLIR for short on top of bounce, take time,
no hurry
(06:55 am) Ed :US) JULY FINAL
UNIVERSITY OF MICHIGAN CONFIDENCE: 85.1 V
84.0E –
(06:56 am) Mitch
King:sorry
(06:56 am) Mitch
King:usu
(06:56 am) Mitch King:watching
ACT for top
(06:57 am) Mitch King:i liked
CLF as a long this morning because it was up
aftermarket yesterday and today. i like
those that were showing strength but
dropped. best candidate for
bounces
(06:57 am) Mitch King:start
reducing CLF long
(06:58 am) Mitch
King:watching BCOV for top, might be tough
trade though
(07:00 am) Mitch
King:monitoring CAR
(07:00 am) JoeyTSA
:eye on VRTX for over $82
(07:00 am) Mitch
King:watching OUTR for bounce
(07:02 am)
Mitch King:monitoring EA for trades
(07:12
am) JoeyTSA :eye on /CL, pulling back to
S1
(07:17 am) JoeyTSA :eye on BG
(07:20
am) JoeyTSA :ACT trying to breakout
(07:20
am) Mitch King:watching GC 08 for long
entry
(07:23 am) Mitch King:looking for CL
to bounce quite a bit next 60-90
inutes
(07:25 am) Mitch King:when you see
that lime green buy signal and the orange
strip after that 100 tick drop, should get
good bounce. the trade requires a big
stop, 25+ ticks
(07:38 am) Ed :Market
Internals update at 10:30ET – NYSE volume
122M shares, about 18% below its three-month
average; decliners lead advancers by
1.9:1 – NASDAQ volume 420M shares,
about 9% above its three-month average;
decliners lead advancers by 2.5:1. –
VIX index +2.8% at just over 13.00
(07:47 am) Ed :SPY new lod
(07:50 am)
Mitch King:GC 08 going to give good bottom
soon,
(08:13 am) Mitch King:consider
selling GC 08 if long
(08:13 am) Ed :good
eye regatta
(08:14 am) Ed :TEVA US appeals
court affirms, reverses, and remands case vs
Sandoz, Momenta, and Mylan – The defendants
in these consolidated patent infringement
actions (collectively, Appellants)
appealmore… (related MYL MNTA NOVN.CH NVS
)-
(08:14 am) Ed :TEVA
monitoring
(08:28 am) Ed :reduicng 3/4
TEVA long
(08:37 am) Qwert :monitoring
UAL
(08:38 am) Murano :DAL also
(08:58
am) Murano :watching ANGI
(09:10 am)
JoeyTSA :EQT vol spike
(09:19 am) JoeyTSA
:USU on nice run, watch $18 level
(09:19
am) JoeyTSA :tighten EQT if you shorted it, i
passed
(09:28 am) Mitch King:looking for
short soon in CL 09
(09:28 am) JoeyTSA
:eye on ACT, potential breakout in play as
mentioned earlier
(09:39 am) Mitch
King:consider covering CL 09
(09:49 am)
JoeyTSA :tighten ACT if long on that
breakout
(10:00 am) Murano :watching
BCS
(10:10 am) Qwert :monitoring
YUM
(10:15 am) JoeyTSA :USU giving
pullback to $20, see if it holds
(10:26
am) Ed :SPY new hod
(11:00 am) Ed :JCP
Investor Einhorn said to have informed
investors he closed a short position in the
company this quarter – financial
press-
(11:00 am) Ed :JCP getting
bid
(11:06 am) Ed :thought would get more
movement so passing on JCP
(11:10 am)
JoeyTSA :eye on DLR for bottom
(11:10 am)
Ed :VOYA getting bid
(11:22 am) Ed :if u
took VOYA short would cover some in
here
(11:43 am) JoeyTSA :watching USU
here
(11:49 am) JoeyTSA :tighten USU if
long, could get back to $20 though
(12:01
pm) Ed :JPM Said to be exploring possible
alternatives for the physical commodities
unit – financial press –
(12:25 pm) Ed
:DLR Weakness attributed to disclosure of
change to accounting policies going forward
on earnings conf call-
(12:27 pm) JoeyTSA
:SPR weird vol
(12:35 pm) Ed :Market
Internals update at 15:30ET – NYSE volume
382M shares, about 19% below its three-month
average; decliners lead advancers by
1.3:1 – NASDAQ volume 1.38B shares,
about 2% above its three-month average;
decliners lead advancers by 1.7:1. –
VIX index -0.7% at just under 13.00
(12:55 pm) Ed :have a great weekend
traders
| (05:59 am) JoeyTSA :Good morning Qwert,
everyone
(05:59 am) JoeyTSA :UofM # @
6;55pdt
(06:00 am) JoeyTSA :gap up:
TSLA,SBUX,ATVI,GILD
(06:00 am) JoeyTSA
:gap down: AMZN,EXPE,VRTX,OUTR,PCLN
(06:05
am) Qwert :Good morning Joey, and to
everyone 🙂
(06:09 am) Murano :good
morning
(06:09 am) herman :morning
all
(06:10 am) akram :Morning
All
(06:13 am) Ed :good morning
(06:18
am) JoeyTSA :Good morning Mitch,Ed,Murano,
all else
(06:18 am) JoeyTSA :watching $105
on /CL
(06:19 am) Murano :good morning
Joey
(06:20 am) regatta :SWI big gap
down
(06:21 am) JoeyTSA :thx regatta,
missed that one
(06:28 am) JoeyTSA :thx
Mitch
(06:29 am) regatta :mitch,
don’t foget about ONTX
(06:29 am) JoeyTSA
:watching /GC pp @ 1326.1 , /Cl pp @
105.15
(06:32 am) regatta :watching
CRUS
(06:32 am) JoeyTSA :keeping AMZN on
radar, not a trade just yet
(06:36 am)
JoeyTSA :regatta: hope you got SWI, nice
pop
(06:36 am) regatta :missed it,
was watching CRUS
(06:38 am) JoeyTSA :i
didnt get it either, just hit my scanner and
saw that it popped for $1
(06:39 am)
JoeyTSA :missed great bounce on
PCLN
(06:40 am) JoeyTSA :great call on
CELG
(06:42 am) Ed :Tradestation hving
issue with oreders showing up
(06:42 am)
JoeyTSA :BIDU hod
(06:52 am) JoeyTSA :AMZN
gave nice $7
(06:55 am) JoeyTSA :missed
nice long on LNKD
(06:55 am) JoeyTSA :AAPL
hod
(06:55 am) JoeyTSA :thx Ed
(06:57
am) JoeyTSA :ACT been on a nice run, clear
skies over $133
(07:01 am) JoeyTSA :/GC
popped thru pp
(07:01 am) JoeyTSA :/ES
testing 1680 area
(07:19 am) JoeyTSA
:still watching VRTX, now it is a tri
top
(07:19 am) JoeyTSA :KORS had a
pop
(07:25 am) JoeyTSA :i still havent
gotten any lime greens
(07:26 am) Qwert
:Mitch I dont see an orange strip
(07:26
am) Qwert :joey do you see a lime green on 1
min chart
(07:27 am) JoeyTSA :not using
1min
(07:27 am) JoeyTSA :so wondering if
lime doesnt show on Lbars at all ?
(07:28
am) Qwert :not sure
(07:34 am) JoeyTSA
:AMZN dbl top, just monitoring it
(07:39
am) Qwert :thx Ed
(07:39 am) JoeyTSA :thx
Ed
(07:40 am) JoeyTSA :break time, will be
out for about 90min. good trading to
everyone
(07:41 am) Qwert :thats a long
break we will miss you’
(07:50 am) Qwert
:/GC at S1
(08:10 am) Qwert :great calls
on /CL and /GC mitch
(08:11 am)
regatta :watching MNTA
(08:22 am)
herman :thanx regatta mntx
(08:37
am) Qwert :FB new hod
(09:02 am) so
:watching mnta
(09:04 am) Qwert :nice on
ANGI murano
(09:09 am) victor51 :Hi
Ed, I loaded Lightning 3 but need help on
settings. I still can/t get lime green
signal
(09:11 am) JoeyTSA :AKAM hod, nice
trend
(09:12 am) JoeyTSA :AMZN hod
also
(09:15 am) JoeyTSA :re; EQT, over
$86.25 has chance to run to $90 as a
swing
(09:20 am) Ed :forgot to keep tabs
on it, mentioned was settuping up in
triangle
(09:20 am) Ed :thx joey
(09:20
am) Ed :caught quick 1.5
(09:20 am)
JoeyTSA :heck of a pop rigth there
🙂
(09:21 am) Ed :yep
(09:21 am) Murano
:I’s short ANGI Qwert from 25.15, stop at
25.12. Looking for 24.80, may not get
it.
(09:22 am) JoeyTSA :USU now over
$21
(09:22 am) so :watching
trip
(09:22 am) JoeyTSA :missed the
original move at $17
(09:22 am) Ed :yea
was able to get that 18level
(09:24 am) Ed
:it was quick
(09:24 am) JoeyTSA :forgot
what the original news was on USU the other
day
(09:27 am) JoeyTSA :not shortable
though
(09:28 am) Murano :covered all
ANGI
(09:29 am) Murano :lunch time, back
in 20
(09:29 am) JoeyTSA :enjoy
Murano
(09:30 am) Ed :thx for alert though
joey on USU
(09:30 am) JoeyTSA
::)
(09:32 am) JoeyTSA :AMZN still making
hod
(09:42 am) JoeyTSA :nice call Mitch on
/CL
(09:43 am) Mitch King:i had to get one
good call this week joey, i didnt have much
time left being Friday
(09:44 am) JoeyTSA
:haha
(09:44 am) Mitch King:did you give
your one good call a week yet?
(09:45 am)
JoeyTSA :i sure hope so 🙂
(09:45 am)
Mitch King:lol, just kiddin ya
(09:45 am)
JoeyTSA :had to run out earlier, got back in
time to see USU at least
(09:54 am)
JoeyTSA :watching /ES 1680 area, potential
res or breakout area
(09:54 am)
herman :afop
(09:58 am) JoeyTSA :ACT
holding $133 so far, just watching right
now
(09:58 am) JoeyTSA :with only 3hrs
left in the week i tend to get a bit more
conservative
(10:02 am) JoeyTSA :crazy vol
Murano
(10:03 am) Murano :I think I will
leave BCS alone unless it has a big
drop
(10:07 am) Murano :BCS may be one of
those “fat finger” trades
(10:07 am)
JoeyTSA :could be
(10:13 am) Murano :AMZN
is amazing, almost no margin, looses money,
and the stock goes up. I guess
investors are believing the world domination
theory.
(10:14 am) JoeyTSA :gotta love
it
(10:14 am) Murano :yeah
(10:14 am)
JoeyTSA :thats why you learn to
(10:14 am)
JoeyTSA :”trade the traders” instead of
trading the stock haha
(10:15 am)
Murano :yeah, you have to trade what you see
and not what you believe
(10:15 am)
JoeyTSA :yep
(10:21 am) regatta
:watching CNQ
(10:24 am) JoeyTSA :AMZN
over $311, nice move from that low
(10:25
am) JoeyTSA :guess i should have played it
when i called it 4 hours
ago..arrrggg
(10:27 am) JoeyTSA :stock up
$13 in that time, options up $10
(10:28
am) JoeyTSA :actually stock up $17
(10:31
am) JoeyTSA :lunch time, see you in a little
while
(11:11 am) JoeyTSA :/ES up and over
the pp
(11:16 am) JoeyTSA :ALXN
hod
(11:16 am) JoeyTSA :DLR still
sliding
(11:18 am) JoeyTSA :PCLN quietly
up $20 from open
(11:23 am) Ed :were able
to get shares for short on DLR joey
(11:24
am) JoeyTSA :yes they are available, no i
didnt get them
(11:24 am) Murano :DLR may
slide all the way to 58
(11:24 am) JoeyTSA
:was a great short if you got it
though
(11:25 am) JoeyTSA :would be up $3
in 15min
(11:25 am) Ed :no shares, did not
have time look up options
(11:25 am)
JoeyTSA :lightspeed has them
(11:25 am)
JoeyTSA :it on the E list
(11:26 am)
herman :mnta running again
(11:28
am) JoeyTSA :nice $58 call Murano
(11:30
am) Murano :sometimes the blind squirrel
finds the acorn
(11:31 am) JoeyTSA
::)
(11:31 am) JoeyTSA :seems like your
blind squirrel does a better job than
mine
(11:32 am) Ed :nice one mr
murano
(11:32 am) Murano :the 90 day chart
showed support at 58 and below that
56
(11:33 am) JoeyTSA :sure did murano,
and the lower bb was at 58 area too
(11:33
am) Qwert :nice murano
(11:34 am) JoeyTSA
:good example of conjunction like we were
talking about yesterday
(11:34 am) JoeyTSA
:more factors on your side
(11:34 am) Ed
:conjunction junction whats ur
function
(11:34 am) JoeyTSA :love that
song haha
(11:35 am) Ed :its ringing in my
ears
(11:35 am) Murano :Ed, were you an
english major?
(11:36 am) JoeyTSA
:http://www.youtube.com/watch?v=4AyjKgz9tKg(11:36 am) Ed :no sure wasnt
(11:36 am)
JoeyTSA :just for Ed 🙂
(11:36 am)
Ed :too funny
(11:37 am) Ed :u trying to
send me back to school murano
(11:37 am)
Qwert :hahahaa love that song
(11:38 am)
Murano :No, I hadn’t heard that since my
school days
(11:38 am) Ed :lol
(11:39
am) Murano :I/m thinking DLR gets to
60
(11:39 am) JoeyTSA :gotta love youtube
for finding memories 🙂
(11:39 am)
Ed :true has everthing
(11:39 am) JoeyTSA
:tons of stuff on trading there too, among
just about every category you are interested
in
(11:40 am) Ed :just about
everything
(11:40 am) JoeyTSA :might be
the best university in the world
(11:40
am) Ed :yep
(11:41 am) JoeyTSA :but if not
careful, you can end up wasting 8hrs there
easily
(11:41 am) Ed :speak for urself
joey LOL
(11:41 am) JoeyTSA
:haha
(11:42 am) Ed :alreadsy took 3/4 off
DLR, so just sitting on free trade
(11:43
am) Qwert :nice Ed
(11:43 am) Ed :would
have preferred the short
(11:44 am) Ed
:stopped last 1/4
(11:48 am) Murano :we
may get to see 56 on DLR
(11:50 am)
JoeyTSA :fianlly got that 2nd short for a
little bit
(11:50 am) Murano :do you see
any news on DLR?
(11:51 am) JoeyTSA :no, i
dont have a news feed unfortunately
(11:51
am) Ed :no but let me search
(11:52 am) Ed
:they did report but that was earlier this
am
(11:53 am) Murano :I made 82 cents on
the long so I will leave it alone.
(11:53
am) JoeyTSA :and they had a 75c gap up this
morning
(11:54 am) JoeyTSA :$5+ move and
all i get is 97cents haha
(11:54 am)
JoeyTSA :sounds like finances with my wife
🙂
(11:54 am) Ed :yep if were strong
should have been easy 1.5 atleast out of 2
point move
(11:59 am) Ed :so stock was
telling us it was still weak at that
particular time
(11:59 am) JoeyTSA
:yep
(12:02 pm) Murano :done for the day,
see you on Monday
(12:02 pm) JoeyTSA
:enjoy Murano, nice calls
(12:02 pm) Ed
:have great weekend murano
(12:05 pm)
Qwert :bye Murano have a great
weekend
(12:08 pm) JoeyTSA :ALXN now @
$112
(12:10 pm) JoeyTSA :/GC on a
move
(12:12 pm) Qwert :Joey is there a
certain time that u would stop trading
/GC
(12:13 pm) JoeyTSA :im not trading it,
just saw the chart
(12:13 pm) Qwert :was
curious thou?
(12:13 pm) JoeyTSA :pit
closes 10:30pdt i think, seems like it
still has action though
(12:14 pm) JoeyTSA
:i tend to not trade once pit closes, if i
did i would be even more cautious
(12:14
pm) Qwert :yeah it kicked a puple sell
signals on the 1 min at 12:11 and 12:14
pst
(12:15 pm) JoeyTSA :wonder why those
colors dont signal on the Lbars
(12:16 pm)
JoeyTSA :i got a couple purple buy
signals, still havent seen a lime green
one on any of the charts i have up
(12:16
pm) Qwert :not sure but they seem to be
really good on the 1 min to show you a change
of direction
(12:16 pm) JoeyTSA :i just
find the 1min chart on futures to be an
eternity when things heat up
(12:17 pm)
Qwert :yeah im not using it to trade just to
try and see the easiest direction to trade
in
(12:17 pm) JoeyTSA :especially coming
from using a tick chart
(12:17 pm) JoeyTSA
:probably best how you do it with 2
timeframes
(12:18 pm) JoeyTSA :im still
using tick for /ES, Lbars for /CL,/GC,
/YM,/TF/NG
(12:22 pm) Qwert :just have the
1 min chart above the lightning chart of the
same symbol im waiting for a real big move
like 100 ticks or so then if i get a lime
greem,purple,orange or blue signal on the 1
min chart i will trade the next good signal
using lightning bar chart
(12:22 pm) Qwert
:for reversal does that make sense
(12:23
pm) Qwert :im still just trading NG, CL, and
GC
(12:24 pm) Qwert :cant wait to see what
mitch has to teach about it tho
(12:25 pm)
JoeyTSA :makes sense
(12:25 pm) JoeyTSA
:thx Ed
(12:26 pm) Ed :i know little late
but news just coming out
(12:33 pm)
JoeyTSA :time to call it a trading
week
(12:34 pm) JoeyTSA :Thanks
Mitch,Ed,Qwert,everyone..wishing you all a
great weekend
(12:34 pm) Ed :you as well
joey
(12:36 pm) herman :bye
joey
(12:39 pm) Qwert :cya Joey have a
great weekend
(12:45 pm) herman
:litb
(12:54 pm) Qwert :Bye everyonre have
a great weekend cya all on Monday
(12:55
pm) herman :bye qwert
|
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