(05:54 am) JoeyTSA :levels /ES 1926-1933; /NQ
3955-3965; /CL 87.60-88.10
(05:53 am) JoeyTSA :early gap up: COST, CMRX,
MBLY, SCTY
(05:54 am) JoeyTSA :early gap down: GWPH,
GPRO, SAP, ICPT
(06:09 am) Mitch King:Premarket UP: JRJC,
SCOK, CMRX, SYMC, PBR, GLUU, CIG
PremarketDOWN: SAP, ARWR, ICPT Crude
Inventories at 1030am eastern time
(06:23 am) Mitch King:should be good trading
both ways on CMRX but shorts will have higher
odds
(06:25 am) Mitch King:also GPRO good trading
stock
(06:32 am) Mitch King:short small opening
position CMRX 35.15
(06:33 am) Mitch King:RCII
(06:33 am) JoeyTSA :/NQ pulling back
(06:36 am) Mitch King:CAMP should give good
trades, short side better
(06:38 am) Mitch King:nice little spike in NQ
and ES indexes, looking for pullback for long
entry
(06:40 am) Qwert :monitoring MON
(06:40 am) Mitch King:watching gPRO for
bottom to buy
(06:45 am) Mitch King:monitoring EMES drop
(06:46 am) Mitch King:never mind on EMES,
just noticed big spread
(06:47 am) Mitch King:PLUG spike
(06:50 am) Mitch King:low priced stock UNIS
moving, 1 cent spread
(06:50 am) Mitch King:monitoring DTE, only
monitoring
(06:51 am) Mitch King:new lows on crude oil
(06:51 am) Mitch King:CMRX good trading stock
both ways
(06:52 am) JoeyTSA :eye on GWPH for bottom
(06:53 am) JoeyTSA :watching /NQ pullbck from
dbl top..missed the short
(06:54 am) Qwert :covered some MON short
(06:56 am) Mitch King:new highs on UNIS
(06:56 am) Mitch King:liking NQ bottom here
(07:00 am) Mitch King:ARWR presenting liver
trial results
(07:00 am) Mitch King:ARWR
(07:03 am) Mitch King:watching CMRX for
bottom to buy
(07:05 am) Mitch King:watching DATA for
bottom, no hurry
(07:09 am) Qwert :watching SHLD
(07:11 am) Qwert :SHLD halted
(07:11 am) Qwert :SHLD: ticking lower an a
report that a vendor has halted some
shipments due to reduced insurance coverage
(07:11 am) Mitch King:sell CMRX if long, that
was 3% move last 6 min
(07:12 am) Mitch King:there is that nice
bounce in NQ, ES indexes, dont short this
rebound in indexes
(07:16 am) Qwert :resuming in a few seconds
(07:21 am) Mitch King:buying next NQ bottom
again
(07:26 am) Murano :monitoring ARWR
(07:27 am) Qwert :ARWR halted
(07:27 am) Mitch King:07:00 [ARWR] To
Present ARC-520 Phase 2a Data in
Late-Breaking Session at AASLD Liver Meeting
Arrowhead announced that data from the
ongoing Phase 2a study of ARC-520, its RNAi
therapeutic candidate for the treatment of
chronic hepatitis B (HBV) infection, will be
presented in the late-breaking poster session
at the 2014 American Association for the
Study of Liver Diseases (AASLD) Liver Meeting
being – Source TradeTheNews.com
(07:30 am) Mitch King:07:30 *(US) DOE CRUDE:
+5M V +2ME, GASOLINE: M V -1ME, DISTILLATE: M
V -1ME – Utilization: % v 89.1%e – Distillate
demand M to 4.xxM bpd- Gasoline demand M to
8.xxM bpd- Cushing crude stocks M at 20.xxM
bbl- US Gulf Coast oil stocks M barrels to
184.xxM barrels – Source TradeTheNews.com
(07:33 am) Murano :monitoring SLCA
approaching S3
(07:48 am) Mitch King:looking for bottom in
CMRX
(07:49 am) Mitch King:indexes starting to
bounce, weak so far
(08:00 am) Mitch King:JCP providing guidance,
lowered this quarter but confirming this year
sales
(08:03 am) Qwert :JCP a circuit breaker halt
(08:10 am) JoeyTSA :/NQ bouncing
(08:16 am) Qwert :CMRX patient in texas has
passed away
(08:16 am) Mitch King:Ebola patient died in
Dallas, he was on CMRX
(08:18 am) Mitch King:CMRX makes ebola drug
that the Dallas texas patient was on
(08:18 am) Mitch King:could break below 30
(08:20 am) Qwert :TKMR really moving
(08:41 am) Mitch King:big spreads on CMRX
now
(09:37 am) JoeyTSA :eye on ACHN, nothing
exciting
(09:56 am) Mitch King:watching CL 11-14 drop
from high by 60 ticks
(10:45 am) Mitch King:new highs in NQ
(11:00 am) Qwert :Fed minutes out
(12:15 pm) Qwert :Nuan: ticking higher on
circulation of speculation that Icahn might
suggest Apple buy the company in his open
letter scheduled for tomorrow
(12:45 pm) Mitch King:closing imbalance is on
the buy side,
| (05:50 am) toby1115 :gm
(05:52 am) JoeyTSA :good morning everyone
(05:53 am) klas :Good morning everyone
(05:53 am) JoeyTSA :crude inv @ 7:30, 10yr @
10, FOMC @ 11 pdt
(05:55 am) JoeyTSA :add SYMC to the watchlist
too, gapping up
(06:02 am) Qwert :Good morning Joey, Murano,
george, harlen, klas, mber, toby
(06:13 am) skydiver :gm all
(06:22 am) lovlu :gm all
(06:29 am) skydiver :here we go
(06:38 am) JoeyTSA :/NQ made back the early
drop
(06:39 am) skydiver :monitoring GPRO drop
(06:42 am) skydiver :long GPRO – 90.01 –
watching for jump in price
(06:42 am) skydiver :jumped as I typed – 3/4
out of GPRO
(06:43 am) JoeyTSA :nice move on ICPT
(06:44 am) skydiver :ipo – ECC open – late
to post
(06:45 am) skydiver :didn’t see that ipo
opening today – interesting
(06:49 am) skydiver :stopped on last piece
of GPRO at be
(06:50 am) JoeyTSA :stupid spread on ICPT
(06:50 am) skydiver :ICPT – strong this
morning
(06:50 am) skydiver :ouch on spread of ICPT
(06:50 am) JoeyTSA :around $1.50 ?
(06:51 am) skydiver :yes
(06:51 am) JoeyTSA :no thanks haha
(06:51 am) skydiver :agree
(06:53 am) skydiver :SPY dropping
(06:55 am) skydiver :nice qwert
(06:55 am) klas :thanks for MON Qwert
(06:56 am) skydiver :nice klas – I missed
that one – MON
(07:02 am) skydiver :GPRO – another leg
down
(07:03 am) skydiver :thanks for ARWR Mitch –
short worked
(07:05 am) skydiver :looking for ARWR
another short?
(07:07 am) skydiver :PBR – monitoring
(07:08 am) JoeyTSA :back in 25
(07:08 am) skydiver :enjoy joey
(07:10 am) Mitch King:07:09 [SHLD] Ticking
lower on reports that a vendor has halted
some shipments due to reduced insurance
coverage – Reminder: in May reports were that
Sears suppliers are facing cutbacks in trade
credits from insurance providers; may cause
vendors to reduce or end supplies to Sears –
Source TradeTheNews.com
(07:11 am) skydiver :thanks Mitch
(07:11 am) skydiver :and thanks Qwert 🙂
(07:12 am) klas :GRPO
(07:13 am) Mitch King:what kind of halt is
SHLD, circuit breaker?
(07:14 am) Qwert :volatility trading pause
(07:14 am) Mitch King:ok thanks
(07:15 am) Mitch King:SHLD had this rumor
before, but its getting more believable now
(07:17 am) Mitch King:sure was a pretty
bottom on NQ ES indexes
(07:17 am) Mitch King:nice one on SHLD qwert
(07:17 am) skydiver :GPRO – nice bounce
(07:18 am) Mitch King:CMRX following NQ index
tick for tick
(07:22 am) skydiver :PBR still trending down
this morning
(07:22 am) Mitch King:long NQ 3950, might be
good time to go for walk and hold
(07:23 am) klas :sky i was short but out to
soon
(07:23 am) Mitch King:man that CMRX good
trading stock
(07:24 am) Mitch King:good job on shld qwert,
too hard for me on the spread
(07:24 am) Mitch King:crude oil inventory in
5 min
(07:25 am) skydiver :ARWR – monitoring drop
(07:26 am) Mitch King:NQ futures could easily
move up 30 pts today
(07:27 am) skydiver :ARWR – dissapointing
data from some source – not sure
(07:27 am) skydiver :thanks Mitch
(07:28 am) Qwert :no shorts at lightspeed
checked earlier
(07:28 am) Qwert :on ARWR
(07:29 am) Mitch King:im not sure or
convinced ARWR is going to bounce that much,
real negative, if this is only or is primary
drug in development, company could be in
trouble
(07:30 am) skydiver :agree Mitch – I did
catch short on ARWR but stuck at moment
(07:30 am) Qwert :nice sky
(07:30 am) skydiver :qwert 0- Lightspeed did
allow me to short ARWR earlier
(07:31 am) skydiver :don’t like being stuck
in a halted stock howerver
(07:31 am) Qwert :i checked around 10am and
couldnt get any 🙁
(07:31 am) skydiver :humm . . interesting
(07:32 am) skydiver :I only shorted 200
shares — your 1,000 shares or so – maybe
didn’t have enough for you 🙂
(07:32 am) Qwert :actually 10:02:34
(07:33 am) Qwert :i checked for 300
(07:33 am) skydiver :3/4 out of ARWR
(07:33 am) skydiver :short
(07:34 am) Qwert :awsome trade sky
(07:35 am) skydiver :all out of ARWR short
(07:35 am) skydiver :thanks qwert – sorry
you couldn’t get shorts ??
(07:39 am) skydiver :PBR – short – all out
short – sloooow one for sure
(07:40 am) Qwert :Thanks for SLCA Murano
working nicely
(07:41 am) skydiver :nice qwert
(07:41 am) skydiver :ARWR – dropping again
–
(07:45 am) Mitch King:news on ARWR that i
could see is phase2 data will be presented in
later session, must have been a reschedule
that looks bad or something
(07:52 am) skydiver :ARWR halted again I
see
(07:54 am) klas :ARWR one a $100 stock
(07:58 am) JoeyTSA :GWPH had decent bounce
while i was gone
(08:00 am) skydiver :wow lost track of time
– been fun morning . . Thanks for great calls
– keep making $$$ and see you all tomorrow
🙂
(08:00 am) Qwert :enjoy sky
(08:00 am) skydiver ::)
(08:00 am) JoeyTSA :bye sky, see you
monday..im out tomorrow and friday
(08:00 am) skydiver :ok joey — will miss ya
but have great time . . . 🙂
(08:00 am) JoeyTSA ::)
(08:01 am) Qwert :I have to leave early
tomorrow as well Joey and will be gone on
friday
(08:01 am) JoeyTSA :vacation?
(08:02 am) Qwert :No just a bunch of things
to do
(08:02 am) JoeyTSA :ahhh
(08:03 am) Mitch King:pretty scary for sears
that suppliers might be backing away
(08:03 am) Mitch King:thats death to a
company like that
(08:03 am) JoeyTSA :i dont know anyone who
shops at sears anymore
(08:04 am) Qwert :We have not been there in
at least 10 years
(08:04 am) Mitch King:Lowes taking away their
main strength which was appliance sales.
Amazon.com giving final death blow
(08:04 am) JoeyTSA :sears customer service
got terrible a few years back from what i
understand..that was the start
(08:05 am) Qwert :As a kid our family bought
everything from sears
(08:05 am) JoeyTSA :same here
(08:05 am) Mitch King:i doubt it is
salvagable. its a slow death but now might
be faster death
(08:06 am) JoeyTSA :wouldnt surprise me that
eventually brick & mortar stores just
become catalog stores
(08:07 am) Mitch King:thats how sears started
wasnt it a catalog at first
(08:07 am) JoeyTSA :i know we got a huge
catalog each year from them
(08:08 am) JoeyTSA :i thnk it was my mom’s
favorite day of the year when it came haha
(08:08 am) Qwert :yeah and the christmas
catalog was great as a child
(08:08 am) Mitch King:im still a child,
toddler actually
(08:08 am) Qwert :hahaha
(08:08 am) Qwert :Mitch still waiting for the
Christmas catalog to come?
(08:09 am) Mitch King:yeah i remember that
catalog coming, my mom looked at it, was
pretty thick, newspaper like rag
(08:09 am) JoeyTSA :like a phone book
(08:10 am) Mitch King:you guys make out on
ARWR ok? i passed on it
(08:10 am) Qwert :i didnt trade it after i
couldnt get the shorts
(08:13 am) Mitch King:i read about hewlett
packard cutting 50 or 55k jobs, i didnt know
they had so many employees, have 300,000
(08:14 am) JoeyTSA :another company in
trouble
(08:14 am) Mitch King:not quite as antiquated
as Sears but hard to tell how they will come
out of it, do you?
(08:15 am) JoeyTSA :they cant even sell off
their pc/printer division
(08:15 am) klas :CMRX
(08:15 am) Mitch King:i think these stores
like Home Depot or Lowes or Walmart, that
sell stuff have a better chance
(08:15 am) Mitch King:good eye klas
(08:15 am) JoeyTSA :good catch klas
(08:15 am) Mitch King:about time that stock
crops
(08:16 am) JoeyTSA :agree Mitch, people hate
walmart..except when they want stuff as cheap
as possible
(08:18 am) Mitch King:could see $30 on CMRX,
wish i had my shorts from earlier
(08:18 am) klas :did not mean to interupt
the Sears chat
(08:20 am) Mitch King:thanks klas, made 60
cents on CMRX long, out now
(08:24 am) JoeyTSA :/NQ a bit manic
(08:25 am) Mitch King:Jesse Jackson went to
Dallas hospital yesterday complaining with
surviving family of ebola patient that they
were not doing enough to save the man
(08:26 am) JoeyTSA :of course he did
(08:26 am) JoeyTSA :cant stand that guy
(08:28 am) klas :He just wants to ster the
pot
(08:29 am) klas :Murano great cal SCLA sorry
i missed it
(08:29 am) Mitch King:his argument is why did
the Dr at Emory University Hospital in
Atlanta survive as well as the Nebraska
nurse, that was the family’s questions
(08:29 am) Mitch King:they used that Mapp
cocktail and there is no more of that
available
(08:29 am) Qwert :Back in about 90 mins
(08:30 am) JoeyTSA :thats what he says, but
we know what he means
(08:30 am) JoeyTSA :enjoy Qwert
(08:30 am) Mitch King:what joey?
(08:30 am) JoeyTSA :he is going to turn it
into a black person dying vs a white doctor
surviving
(08:30 am) Mitch King:oh right, thats his
pattern
(08:31 am) JoeyTSA :if it wasnt for racism,
both him and sharpton would be nobodies
(08:31 am) Mitch King:the ebola bubble
popping sooner than i thought but CMRX news
triggered
(08:34 am) Mitch King:this Dallas hospital
doctor that supposedly didnt check his travel
history is going to get some serious scrutiny
as well as lawsuits towards the hospital
(08:36 am) JoeyTSA :yep
(08:38 am) JoeyTSA :not liking the /NQ
action
(08:38 am) Mitch King:it had the rebound i
was looking for but i didnt expect such a big
drop first
(08:40 am) Mitch King:the reality of this
texas ebola case is he had been sick lot
longer than other two cases in Emory Hospital
and Nebraska and didn’t get attention soon
enough
(08:42 am) Mitch King:i think the whole legal
case is going to hinge on the delay of
treatment from his first visit and the second
visit, especially when survivability rate is
5-6 days
(09:52 am) klas :MAy have a double bottom
PBR
(10:03 am) Mitch King:joey, the NQ must be
one of yoru range setups right?
(10:04 am) Mitch King:looks like we may get
to that 3980 afterall
(10:11 am) Mitch King:pretty amazing that
ARWR was over $27 in March this year, 7
months ago, now below $6
(10:35 am) Qwert :back looks like i didnt
miss much
(10:35 am) Mitch King:no, just dead
(11:10 am) JoeyTSA :i totally forgot that
today was FOMC
(11:10 am) Mitch King:oh ok, ive been
distracted, thats why it is so slow
(11:10 am) Qwert :me too Joey
(11:11 am) JoeyTSA :pretty good /NQ move from
low
(11:11 am) JoeyTSA :trying to get back to
4000
(11:22 am) JoeyTSA :strong move
(11:25 am) JoeyTSA :30pt /ES move from low
area
(11:26 am) Mitch King:85 NQ pts
(11:36 am) skydiver :fed minutes must have
been good – market jumped up
(11:48 am) skydiver :ALXN – been trendig up
(11:56 am) skydiver :NUGT – strong
(11:56 am) skydiver :looking for a short on
NUGT
(11:59 am) skydiver :NUGT looks iffy for
short at moment to me
(12:02 pm) klas :NUAN movin
(12:14 pm) JoeyTSA :Thanks
Mitch,Qwert,traders…out until Monday, enjoy
the rest of your day/week/weekend
(12:15 pm) Qwert :Cya Joey
(12:15 pm) klas :later Joey
(12:15 pm) Qwert :Have a grea tweekend
(12:23 pm) Mitch King:look at that CMRX bacl
tp 33.53 from $28
(12:23 pm) Mitch King:back to
(12:26 pm) skydiver :Markt rebounding nicely
so far
(12:54 pm) Qwert :Bye everyone cya in the am
(12:55 pm) Mitch King:see you guys tomorrow
(12:55 pm) skydiver :okay — done for the
day — see you tomorrow
(12:56 pm) klas :See you all in the AM
|