(05:38 am) JoeyTSA :early gap up: BNNY, MBLY,
NFLX
(05:39 am) JoeyTSA :/ES 1997-200; /CL
93.60-93.90
(05:39 am) JoeyTSA :eary gap down: FRAN, PF,
(06:30 am) JoeyTSA :eye on MBLY
(06:31 am) Qwert :Monitoring THC
(06:31 am) Mitch King:watching THC for top,
trades both ways but short first trade
(06:31 am) JoeyTSA :keep AAPL on radar today
(06:34 am) Mitch King:watchign HCA for top to
short
(06:34 am) Qwert :monitoring CYH
(06:35 am) Mitch King:ANAc moving
(06:35 am) Mitch King:watching GILD for
bottom to buy, careful with this
(06:36 am) Mitch King:watching MDVN for
bottom to buy, more downside first, maybe 92
area
(06:36 am) JoeyTSA :eye on FEYE
(06:38 am) Mitch King:monitoring UTHR for
short
(06:39 am) Mitch King:watching GPRO for micro
long
(06:40 am) Mitch King:watching RADA for top
to short, high risk stock, came from $1.55 5
days ago
(06:42 am) Mitch King:MAGS moving, low
priced
(06:43 am) Mitch King:watchign QIWI for
bottom to buy
(06:43 am) JoeyTSA :GPRO dbl top
(06:48 am) Mitch King:watching SCOK, hot
mover, watching for top to short OR for first
big drop to buy long
(06:53 am) Mitch King:watching DGLY for
bottom to buy,
(07:00 am) Mitch King:watching RADA for
bottom to buy, micro long
(07:00 am) Qwert :monitoring YOKU
(07:01 am) Mitch King:watching WB for short
(07:02 am) JoeyTSA :/ES ran right into 1997
res and back down..see if 1990 holds
(07:03 am) Mitch King:SCOK still so hot the
first big bounce is a buy on dip
(07:05 am) Mitch King:watching CMGE for short
entries, need bounce first before short
entry
(07:05 am) Mitch King:watching GPRO for
another bounce soon
(07:05 am) Mitch King:watching CMCM for
bounce
(07:18 am) Mitch King:watching GPRO for more
followthrough on upside
(07:33 am) Qwert :just monitoring ECYT
(08:00 am) JoeyTSA :AAPL event i 1pmedt/10am
pdt
(09:02 am) Mitch King:news radio comments are
with SCOK that chatter is the company could
use this runup to issue secondary offering
(09:09 am) JoeyTSA :eye on GPRO
(09:12 am) JoeyTSA :eye on AAPL
(09:25 am) JoeyTSA :AAPL hod
(10:50 am) JoeyTSA :/ES to test 2000 res
(10:54 am) JoeyTSA :AAPL hod
(11:18 am) Mitch King:watching VNET for long
entry, maybe 25-35 cents bounce
(11:30 am) Mitch King:watching AAPL for long
entry
(11:30 am) JoeyTSA :/ES testing 1990 now
| (05:20 am) JoeyTSA :good morning Qwert,
jolts job openings @ 7
(05:23 am) george :Good Morning Joey Qwert
(05:45 am) toby1115 :gm
(05:55 am) klas :good morning Joey Qwert
george toby
(05:58 am) skydiver :gm all and thnx joey
(05:59 am) skydiver :Annie’s (BNNY)
volatility is expected to move after
announcing a definitive agreement to be
acquired by General Mills (GIS) for $46.00
per share in cash
(06:01 am) JoeyTSA :thx sky
(06:01 am) Qwert :Good morning everyone, thx
Joey, and Sky for info
(06:19 am) JoeyTSA :tighten /CL if short
(06:27 am) freitag8 :good morning every1.
Thanks SKY and Thanks JOEY
(06:31 am) skydiver :AAPL moving up
(06:31 am) freitag8 :eye on GPRO… up on
the open
(06:33 am) JoeyTSA :/CL into $93
(06:35 am) skydiver :monitoring FRAN
(06:39 am) JoeyTSA :indices still dripping
down, see if they make a bottom
(06:40 am) regatta :watching ARCW
(06:45 am) JoeyTSA :markets feel heavy to me
at teh moment
(06:46 am) regatta :watching MEI
(06:48 am) regatta :watching low priced
SCOK
(06:51 am) JoeyTSA :nice indice bounce right
after i said it felt heavy haha
(06:51 am) akram :Watching ECYT
(06:52 am) freitag8 :same with /CL Joey…
right after you said it was into $93 it
jumped 20 ticks
(06:53 am) JoeyTSA :yep
(06:58 am) JoeyTSA :AMZN lod, eye on BIDU
hod area
(07:01 am) skydiver :thnx for MEI – long
worked
(07:01 am) JoeyTSA :nice drop on indices
after that bounce
(07:02 am) JoeyTSA :/ES ran right into 1997
res and back down..see if 1990 holds
(07:02 am) skydiver :4.6 job openings in
July vs expecations of 4.7
(07:02 am) JoeyTSA :thx sky
(07:04 am) JoeyTSA :SCOK, company has very
alliteritive name
(07:06 am) Mitch King:its a coal name
(07:06 am) Mitch King:coal company
(07:07 am) JoeyTSA :yeah, lots of C’s in the
name
(07:10 am) skydiver :AAPL trying to get to
100
(07:11 am) JoeyTSA :AMZN still heading down
(07:14 am) JoeyTSA :back in 20
(07:14 am) Mitch King:remember that GPRO has
been up a lot last 7 days, lot of downside
potential
(07:18 am) skydiver :TSLA has been cycling a
bit this morning
(07:19 am) Mitch King:yeah sky, good eye
(07:30 am) akram :watching CLVS
(07:33 am) skydiver :monitoring ECYT
(07:34 am) skydiver :oh – sorry qwert –
didn’t see your post
(07:36 am) skydiver :NXPI
(07:37 am) skydiver :report on NXPI – it’
(07:37 am) skydiver :it will not be part of
Iphone 6 (NXPI) report
(07:46 am) JoeyTSA :SCOK nice call
(07:46 am) JoeyTSA :thx on NXPI info, i
mentioned it yesterday
(07:46 am) skydiver :thanks joey – – –
that’s what I get for only being around here
a couple of hours 🙂
(07:47 am) JoeyTSA :i heard it was going to
be a part of the new iphone
(07:47 am) JoeyTSA :they make some special
software, rumor was AAPL was going to use it
(07:47 am) skydiver :ok . . . flyonthewall
audio stated it will not be — but now I’m
wondering — guess we’ll know for sure soon.
(07:48 am) JoeyTSA :yeah, software has
something to do with accpeting payments i
think
(07:48 am) JoeyTSA :cant remember exactly
(07:48 am) skydiver :theflyonthewall.com:
Leak points to no NFC or sapphire cover for
smaller iPhone 6, BGR says A report about a
leaked iPhone 6 indicates the 4.7-inch phone
does not include an NFC chip and has a
display that is not protected by a sapphire
glass cover, according to BGR, citing a user
in China who posted details on the purported
Apple (AAPL) device. Prior reports have said
NXP Semiconductors (NXPI) was working with
Apple on NFC chips for its new devices and
many have wondered if GT Advanced (GTAT),
which has a confirmed partnership with Apple,
would expand the supply deal to include
sapphire covers for its phones.
(07:49 am) skydiver :whoops – grabbed too
much of the article –
(07:50 am) skydiver :TKMR moving up a bit
(07:53 am) skydiver :my time is up . . .will
try to jump on later – thanks for great
calls!!
(07:53 am) JoeyTSA :enjoy sky
(07:53 am) freitag8 :takecare my friend
(07:53 am) skydiver ::)
(07:59 am) Mitch King:only news i find on
SCOK: 05:31 [SCOK] Announces New ~$300M
Underground Coal Gasification Project Has
signed an exclusive agreement with both the
Institute of Process Engineering of the
Chinese Acad more… – Source
TradeTheNews.com
(07:59 am) JoeyTSA :huge move today
(08:04 am) Mitch King:look at daily, its hard
to buy long, even on dips
(08:04 am) freitag8 :i tried to get it at $8
and missed it
(08:04 am) JoeyTSA :31k on the ask @ $9
(08:11 am) Mitch King:microlong here on SCOK,
high risk stock though
(08:12 am) Mitch King:SCOK almost has traded
its float today
(08:12 am) JoeyTSA :/ES 1990 held so far
(08:22 am) Mitch King:SCOK still following
buy on dip pattern
(08:22 am) freitag8 :Bot 200 at $8
(08:23 am) Mitch King:but should start
peaking out soon. my guess this top is
likely 2nd top
(08:23 am) Mitch King:double top
(08:23 am) freitag8 :that was my thought
too… sold half at 8.55
(08:23 am) Mitch King:we have been seeing lot
of speculation this last week
(08:23 am) Mitch King:cheapies moving lot
(08:24 am) freitag8 :all out scok
(08:25 am) freitag8 :dbl top GPRO also
(08:26 am) Mitch King:theres your double top
on SCOK
(08:29 am) Mitch King:if you are patient,
there are more micro longs in SCOK today,
need to see bigger drops as time goes on, has
almost 17 mil shares traded, its going to get
attention throughout today, also be good day
trdaing tomorrow too
(08:30 am) JoeyTSA :/CL comin tost $93?
(08:33 am) JoeyTSA :above was supposed to say
‘ coming to test’
(08:36 am) freitag8 :I’m long /CL if $93 is
touched
(08:38 am) Mitch King:when you see a double
top on a stock the subsequent rebounds
usually, high percentage of the time get
smaller
(08:39 am) Mitch King:although SCOK is
consolidating which is more of a strong
bullish pattern still
(08:39 am) Mitch King:just don’t forget it
came from under $3 this morning to over $9.
Odds are extremely high it drops, we just
want a bigger drop in a 3-4 candles to look
for long scalp
(08:40 am) Mitch King:you got to realize
there are a lot of people who have made money
on SCOK so far today, at least so far and
people usually keep speculating and trying
again, even though the odds are diminishing
of a long
(08:41 am) Mitch King:like this drop to $8
would be decent long
(08:41 am) JoeyTSA :right
(08:45 am) Mitch King:see how much weaker it
is now on this rebound attempt. still should
move up over 8.60 but not same pattern so
far
(08:45 am) Mitch King:talking about SCOK
(08:45 am) Mitch King:all i can repeat is to
be patient with your entries. since we
cannot find shares to short the only game in
town is long but ONLY after a sharper and
sharper drop throughout the day
(08:46 am) Qwert :thx Mitch
(08:46 am) Mitch King:the drop for each cycle
tends to get 3 to 1 or even 4 to 1, meaning 3
times more of a drop than the rebound
(08:46 am) Mitch King:example is a 60 cent
drop but a 15-20 cent rebound, clear
definition of a downtrend
(08:47 am) Mitch King:notice the reverse on
the upside this morning, probably was 6 to 1
up
(08:47 am) Mitch King:there is nothign more
frustrating than being up on a stock nicely
and give it all back because of lack of
discipline, patience, etc.
(08:48 am) Qwert :That has certainly happened
to me
(08:48 am) Mitch King:now if you are holding
SCOK now, its more of a hope it goes up,
bearish indications on this bounce, compare
this with other bounces. see how the
sentiment is changing? the balance of power
is shifting to the sellers
(08:48 am) Mitch King:that means more net
selling than buying. whereas before it was
mostly all buying for 2 hours
(08:50 am) Mitch King:kind of reminds me of
watching a tide in the ocean or bay come in
and out, similar patterns
(08:50 am) freitag8 :It does appear $9 is to
top of the room for SCOK… if I owned a lot
of shares at $4 I would be taking profits
here and more of a net seller
(08:50 am) Mitch King:or even race horsing
where a hot horse poops out 2/3rds through
the track
(08:51 am) Mitch King:poop isnt right word, i
mean tires out
(08:51 am) Qwert :hahaha
(08:51 am) freitag8 :lol
(08:51 am) Mitch King:i figure joey was going
to be confused when i was talking horses
(08:51 am) JoeyTSA ::)
(08:52 am) freitag8 :I would think that
horses that poop during a race don’t do too
well
(08:52 am) JoeyTSA :i mentione at 8:04 that
there were 31K shares on teh ask
(08:52 am) Mitch King:i remember, i looked
(08:52 am) freitag8 :U been on fire today
Joey!
(08:52 am) JoeyTSA :it actually went over36k
at one point
(08:52 am) Mitch King:you guys know what the
pattern i like for a long entry right?
accelerating down price candles and
increasing down vol
(08:53 am) Qwert :yep
(08:53 am) Mitch King:SCOK still holding up
well though, the 20 mil shares traded helps
knowing many traders are working with this
stock
(08:54 am) Mitch King:all you have to do is
be a little smarter than them and a LOT more
disciplined than them and you will make more
money on SCOK today
(08:54 am) Mitch King:im your mental coach
today on SCOK
(08:54 am) JoeyTSA :the chinese yoga
(08:54 am) JoeyTSA :Choda 🙂
(08:55 am) JoeyTSA :yoda not yoga
(08:55 am) Mitch King:lol, i was thinking
jedi
(08:55 am) Qwert :lol
(08:55 am) JoeyTSA :Chedi?
(08:55 am) freitag8 :I’m having visions of
Doji in see-thru yoga pants
(08:55 am) Mitch King:oh come on frei, don’t
tell me you are visualizing guys in see
throughs
(08:55 am) Qwert :Mith is our “Chobi one”
(08:55 am) klas :LOL
(08:55 am) JoeyTSA :i never have those
visions freitag
(08:55 am) freitag8 :lol
(08:56 am) Mitch King:we better send frei
back to /CL pits
(08:56 am) klas :DOJI not here to defend
that
(08:56 am) JoeyTSA :i like that Qwert
(08:56 am) freitag8 :ummm, his Brazialian
Secty?
(08:56 am) Qwert :hahaha
(08:56 am) klas :Qwert do were those yoga
panints in your spin class?
(08:57 am) Mitch King:the longer SCOK holds
this consolidation level the higher the odds
it has a move higher,
(08:57 am) Qwert :oh yeah i like the tights
(08:57 am) Mitch King:but don’t be full size
position, make it half size
(08:58 am) freitag8 :/CL LOD
(09:02 am) Mitch King:negative comments on
SCOK on radio
(09:02 am) Qwert :Chatter that SCOK is going
to use this pop in stock price to do a
secondary offering
(09:03 am) JoeyTSA :thx
(09:05 am) Mitch King:thats the kind of news
you would expect from a hot runner; something
negative usually really turns the tide
against the stock
(09:06 am) Mitch King:i’d pay big bucks to be
short now
(09:06 am) Mitch King:or at least have the
shares avail
(09:15 am) Mitch King:you know that news
radio comment on SCOK qwert? that doesnt
make sense they would announce any secondary
offering today or even tomorrow. they would
get more class action lawsuits that they can
count
(09:16 am) Mitch King:i think even SEC would
start inquiry if they did that.
(09:18 am) Mitch King:hey joey, i think AAPL
has announcement meeting starting in 40 min
from now
(09:18 am) Mitch King:i think that is related
to stock spiking here,
(09:18 am) JoeyTSA :correct
(09:19 am) Mitch King:could be a downer of a
stock if disappointing iphone product
announcement
(09:19 am) Mitch King:if they don’t increase
size on this iphone, stock prob dumps. apps
by themselves wont do it
(09:24 am) JoeyTSA :/CL testing $93 res now
(09:59 am) Mitch King:RADA was another hot
one yesterday. came from $2.60 and hit of
6.25 area same day
(10:13 am) Mitch King:AAPL Unveils iPhone 6
(4.7″ screen) and iPhone 6 Plus (5.5″
screen)- Feature Retina HD displays with
higher resolution, 1334 x 750 and 1920 x 1080
– Source TradeTheNews.com
(10:40 am) regatta :watching INVN
(11:02 am) skydiver :whew – got out of apple
before it dropped
(11:15 am) regatta :watching OLED
(11:17 am) Mitch King:good trades with AAPL
(11:17 am) regatta :watching GRMN
(11:26 am) Mitch King:sure is cool when a
stock has a high range of prices like SCOK
has
(11:27 am) Mitch King:i missed last bounce
(11:29 am) Mitch King:sell signal on SCOK
(11:29 am) Mitch King:if you are long for a
scalp i meant
(11:31 am) JoeyTSA :/ES making decent moves
today
(11:33 am) Mitch King:looks like a bounce in
ES would make AAPL also have strong bounce
(11:33 am) Mitch King:i’d look for $101 on
AAPL
(11:34 am) JoeyTSA :all the big names have
pulled back
(11:34 am) JoeyTSA :AMZN down $10 today
(12:12 pm) JoeyTSA :heck of a pullback on
AAPL
(12:30 pm) JoeyTSA :Thanks Mitc,
Qwert,traders..see you tomorrow, have a great
day
(12:33 pm) Qwert :cya Joey
(12:37 pm) Qwert :Been a great day Cya all
in the Am
(12:40 pm) Mitch King:later qwert
(12:42 pm) Mitch King:remember if you try to
buy SCOK now you are trying to catch a
falling knive, too dangerous
(12:42 pm) Mitch King:it came from $3 today
to 9.37 high
(12:57 pm) Mitch King:see you guys tomorrow,
SCOK will be good day trading again on long
side, must wait for bigger drops
|