(05:43 am) JoeyTSA :early gap up:
SNDK,NUGT,GLD
(05:44 am) JoeyTSA :early gap down:
SCSS,IBM,GS,EBAY,DUST,XLNX,ASML,AMRN
(05:56 am) JoeyTSA :eye on /CL , been a bit
weak
(06:01 am) Mitch King:this big long downtrend
in CL, waiting for clear signal of a trend
change before buying long. you have to miss
out on the very first buy signal but you save
a lot of money
(06:07 am) Mitch King:early buy signal in CL
(06:15 am) Mitch’s Assist. :October 17, 2013,
Thursday Pre Market Up: NUGT, NEM, SNDK, VZ,
Pre Market Down: AMRN, TZOO, BAX, EBAY,
SCSS, IBM,OSTK, PTLA, AMZN, SPY, GS, AAPL,
(06:30 am) Mitch King:monitoring AMBA
(06:30 am) Qwert :watching SCSS
(06:31 am) Mitch King:monitoring UNH
(06:31 am) JoeyTSA :eye on ACAD
(06:31 am) JoeyTSA :eye on SCTY
(06:31 am) Mitch King:watching BTU
(06:32 am) Mitch’s Assist. :watching EBAY
(06:32 am) Mitch King:watching FDX for
trades
(06:32 am) Mitch’s Assist. :watching PETM
(06:33 am) Mitch King:watching MTB
(06:33 am) Mitch’s Assist. :monitoring TSLA
(06:33 am) Mitch King:watching insurance
companies: PRU,
(06:34 am) JoeyTSA :eye on SOHU $82 level
(06:34 am) Mitch King:also watching MET,
Metlife,
(06:34 am) Mitch’s Assist. :watching GMCR
(06:35 am) Mitch King:watching ALB
(06:36 am) Mitch King:watching SPLK
(06:37 am) Mitch King:watching RRC
(06:38 am) Mitch King:FSLR also moving, solar
stock
(06:38 am) Mitch King:JKS also moving with
SFUN
(06:38 am) Mitch King:watching SFUN
(06:39 am) Mitch King:watching DOV
(06:41 am) Mitch King:RIG moving, monitoring
(06:41 am) Mitch King:watching JASO, 4th
solar stock moving up
(06:42 am) Mitch King:watching solar stocks
closer, SFUN closer
(06:42 am) Mitch’s Assist. :monitoring KMI
(06:42 am) JoeyTSA :eye on XLNX for potential
bottom
(06:43 am) Mitch King:monitoring NSC, no
hurry
(06:43 am) Mitch’s Assist. :monitoring MNST
(06:45 am) Ed :PXD ben strong one also
(06:47 am) Mitch King:watching GMCR
(06:49 am) Mitch King:monitoring FCS, no
hurry
(06:51 am) Mitch King:watching SWK for
bottom
(06:52 am) Mitch King:watching SCTY for top
soon
(06:52 am) Mitch King:monitoring ZLC, no
hurry
(06:53 am) Mitch King:monitoring BITA
(06:53 am) Mitch’s Assist. :watching TSLA for
bottom
(06:54 am) Mitch’s Assist. :watching DECK
(06:56 am) Mitch King:watching GMCR closer
(06:56 am) Mitch King:MTB bottoming
(06:57 am) JoeyTSA :eye on ALKS
(06:57 am) Mitch King:SFUN trending up still,
keep watching for top
(06:58 am) Mitch King:monitoring ABT
(06:58 am) Mitch King:watchign CL for 101.90
area to buy,
(06:59 am) JoeyTSA :watching AMT
(07:00 am) JoeyTSA :/CL contracts flying
(07:01 am) Mitch King:Philly Fed dropped CL
(07:02 am) Mitch King:buy signal in CL
(07:04 am) JoeyTSA :VEEV, good move, think it
was ipo yesterday?
(07:07 am) JoeyTSA :eye on QIHU $89 for
potential breakout to $90, on radar
(07:08 am) JoeyTSA :keep eye on AAP from
yesterday, missed nice hold of $96
(07:10 am) JoeyTSA :see if 1713 holds on /ES
for next leg up
(07:17 am) Mitch King:no hurry to sell CL
(07:19 am) Mitch King:early sell signal in CL
but not taking it
(07:23 am) Mitch King:2nd sell signal on CL,
what i do here is try to get best price on
tiny bounce to reduce. still not completely
done going up on this cycle. the run up isnt
mature yet but taking notice on 2nd sell
(07:24 am) Ed :OLED alet
(07:25 am) Ed :OLED needs tad more vol since
most came on one candle
(07:27 am) Mitch King:uptrend on CL got
stronger, tells me no hurry to sell remaining
long
(07:32 am) Mitch King:if you are still long
CL you might reduce more here or consider
closing 100.95.
(07:33 am) Mitch King:That’s about 60 tick
move on that bounce. should be more big
moves today
(07:38 am) Ed :OBama will be speaking shortly
also
(08:01 am) Ed :Obama speaking now
(08:20 am) JoeyTSA :/CL inching closer to
$100
(08:35 am) JoeyTSA :1720 printing on /ES
(08:41 am) Murano :watching DGX
(09:00 am) Mitch King:TSLA breakout
(09:11 am) Mitch King:early buy signal on CL
(09:12 am) Mitch King:100.10
(09:21 am) Mitch King:consider reducing CL if
long,
(09:26 am) Mitch King:got early sell signal
in CL, what i do on early signal like this is
wait for a better price
(09:44 am) Ed :keep eye on STJ see if vol
comes in, getting some news on stock
(10:03 am) JoeyTSA :/ES testing 1725 now
(10:06 am) JoeyTSA :NUS getting red vol
(10:08 am) Qwert :monitoring SRPT
(10:08 am) Ed :NUS Citron Research again
making cautious comments
(10:14 am) Ed’s assistant :Monitoring ULTA
(10:16 am) Ed :if u took NUS long would
reduce
(10:27 am) Murano :watching SBH
(10:46 am) Murano :watching KORS
(10:48 am) Ed :KORS Hearing weakness
attributed to cautious –
(10:55 am) Ed’s assistant :Monitoring LULU
(10:57 am) Ed :LULU dropping in sympathy with
KORS
(11:19 am) JoeyTSA :eye on SLCA
(11:22 am) Ed :SLCA Hearing Sidoti cuts to
Neutral from buy –
(11:29 am) Ed :starting to monitor TW, would
like pickup in selling
(11:42 am) Murano :watching BBRY
(11:51 am) Ed :if u took TW long would reduce
some in here
(11:53 am) Murano :watching SLCA
(12:53 pm) Qwert :monitoring ELLI
(12:53 pm) Ed :GOOG has earnings after bell
(01:00 pm) Ed :have great eve traders
| (05:39 am) JoeyTSA :Good morning everyone,
only report i see is the Philly Fed # @ 7pdt
(05:40 am) Qwert :Good morning Joey and to
everyone
(05:41 am) JoeyTSA :surprised to see so many
gap downs esp with bill pass
(05:42 am) Qwert :maybe sell the news?
(05:42 am) JoeyTSA :some earnings misses it
looks like
(05:43 am) JoeyTSA :IBM down big, GS missed a
bit
(05:43 am) Qwert :SCSS down huge
(05:45 am) JoeyTSA :how was bd lunch
(05:46 am) Qwert :was great had great food
then a movie
(05:46 am) JoeyTSA :/YM down 100t from
yesterday
(05:46 am) JoeyTSA :sounds fun
(05:46 am) JoeyTSA :qwert: have you ever used
briefing.com for any stock info
(05:47 am) Qwert :always use yahoo
(05:47 am) Qwert :u like it?
(05:47 am) JoeyTSA :i have used briefing (
free ) version for years, great stuff
(05:47 am) Qwert :i will check it out
(05:47 am) JoeyTSA :but right now, free trial
to their Trader section
(05:48 am) JoeyTSA :sign up, good stuff,
quick news etc
(05:54 am) Qwert :thx joey
(06:00 am) taco :gm everyone thx for gaps
joey
(06:11 am) Murano :good morning
(06:12 am) JoeyTSA :tighten /YM if you took
it short
(06:14 am) taco :nice joey
(06:15 am) taco :thx Mitch
(06:16 am) JoeyTSA :thx Mitch, good morning
to all
(06:18 am) skydiver :thnx Mitch and good
morning all
(06:23 am) Qwert :nice CL call Mitch
(06:32 am) regatta :watching AXM
(06:32 am) regatta :AXP, not AXM
(06:40 am) JoeyTSA :/YM, /ES very nice moves
(06:43 am) JoeyTSA :BIDU jod
(06:43 am) JoeyTSA :hod
(06:44 am) JoeyTSA :LNKD pushing thru $240,
eye on $325 for NFLX
(06:45 am) JoeyTSA :yeah Ed
(06:47 am) JoeyTSA :GMCR weakest of big
names
(06:48 am) JoeyTSA :/YM up 90t from earlier
mention
(06:48 am) Mitch King:hey qwert, a bigger
move in CL up woudl be a buy signal on
THunder, just waiting
(06:49 am) Qwert :keep us posted mitch
(06:52 am) skydiver :monitoring TSLA
(06:58 am) JoeyTSA :another morning of very
good moves
(07:01 am) skydiver :TSLA moving up a bit
(07:01 am) Qwert :think philly fed leaked
early joey?
(07:01 am) JoeyTSA :shouldnt really affect
crude though?
(07:01 am) JoeyTSA :think its more because
its breaking recent support
(07:01 am) Qwert :something sure did
(07:02 am) JoeyTSA :wouldnt surprise me to
see /CL drop under $100
(07:05 am) Mitch King:not yet joey, needs an
up cycle first
(07:05 am) JoeyTSA :agreed
(07:05 am) JoeyTSA :nice catch on it Mitch
(07:05 am) Mitch King:Thunder don’t lie
(07:06 am) Mitch King:you coming up to
Portland Joey?
(07:06 am) JoeyTSA :haha
(07:06 am) Qwert :cant wait for portland
mitch
(07:06 am) JoeyTSA :doubt it, but still
trying to fit it into schedule
(07:07 am) Qwert :cmon joey we will find
vegan icecream for you
(07:07 am) JoeyTSA :haha, yeah portland has
some popular vegan places
(07:07 am) JoeyTSA :i think BLooming Lotus is
there
(07:08 am) Mitch King:you Vegan joey?
(07:08 am) JoeyTSA :yes, but i like the term
Plant-Based better
(07:08 am) JoeyTSA :french fries are vegan,
but i dont eat that crap
(07:08 am) Mitch King:i like the term red
meat, chicken
(07:09 am) JoeyTSA :watch ” The Earthlings ”
🙂
(07:11 am) JoeyTSA :1713 was res earlier,
lets see if it becomes support
(07:12 am) JoeyTSA :with more strength, will
target in order 1715,1717,1720
(07:12 am) JoeyTSA :with weakness 1710,1707
(07:12 am) JoeyTSA :if it stays
rangebound..blame Qwert and Ed 🙂
(07:13 am) Ed ::)
(07:13 am) Qwert :hahaha
(07:22 am) JoeyTSA :great bounce on SCTY off
$55 area
(07:24 am) Qwert :thx mitch
(07:24 am) JoeyTSA :thx Mitch
(07:29 am) JoeyTSA :/ES 1715 hit easy,
breaktime, see you in 45
(07:29 am) JoeyTSA :great calls and moves so
far
(07:34 am) Mitch King:hey qwert, do you like
that kind of CL trading?
(07:36 am) Mitch King:I know its sort of
strange approach to trading CL but very
profitable. Bigger profit per trade, fewer
signals. Requires a lot more patience.
Taking break now.
(07:45 am) taco :GMCR making nice move
(07:56 am) skydiver :Well, my ti me is up .
. . and gone to Seattle for a wedding later.
See you all Monday and enjoy great week-end
🙂
(07:56 am) Ed :c ya sky
(07:58 am) Murano :see you sky
(07:59 am) taco :cya sky
(08:20 am) JoeyTSA :SFUN has been a monster
(08:37 am) JoeyTSA :CLB up big from
yesterday, on radar to see if more upside
later
(08:37 am) Mitch King:you ugys just listen to
GUndlach on cnbc just now? interesting guy
on stocks, even though he is more of a fixed
income analyst
(08:37 am) JoeyTSA :had volume off
(08:38 am) Mitch King:he was saying about
TSLA it has a cult like following that is
difficult to bet against but overall is very
high. what he may not understand is it is in
the early part of its life cycle and those
story stocks like TSLA can really get big
momentum just like AMZN did in 1997
(08:39 am) JoeyTSA :elon musk has that
cult-like draw right now
(08:39 am) JoeyTSA :whats his other
company..SCTY?
(08:40 am) Ed :yes
(08:41 am) JoeyTSA :thx, thought so
(09:16 am) Qwert :Mitch was that a Thunder
signal on CL?
(09:19 am) Mitch King:yeah qwert
(09:19 am) Mitch King:100.10
(09:19 am) Mitch King:no sell signal yet,
going to be a while
(09:20 am) Mitch King:qwert, is this strategy
driving you nuts? it must be hard to hold
through volatility
(09:21 am) Qwert :yes mitch on this last one
i only got 1 contract so that makes it even
harder
(09:23 am) Qwert :if i do 2 then i take 1 off
at 10 tics then bump to b/e +1 for 2nd then
wait for lightning sell signal
(09:23 am) Mitch King:you have a profit
target of 10 ticks on the first contract?
(09:24 am) Mitch King:that is way way too low
of a profit target for Thunder. this system
is designed for large profits
(09:24 am) Mitch King:you are leaving
probably 60-80% of your profits on the table,
you arent even utilizing this correctly
qwert. we are going to go through this for 3
days. until you are blue in the face
(09:25 am) Qwert :okay thats just how i have
been trading CL
(09:25 am) Qwert :thats why i am so excited
about this
(09:25 am) Mitch King:ok well, this is going
to be a really big adjustment for you.
(09:26 am) Qwert :im ready
(09:26 am) Mitch King:i bet you look at
profits in CL right?
(09:26 am) Mitch King:in real time, during a
trade?
(09:26 am) Qwert :yep its on my chart trader
(09:26 am) Qwert :should i turn it off
(09:27 am) Mitch King:yes, turn off profit
and loss so you cant see it
(09:27 am) Qwert :okay i will
(09:27 am) Mitch King:i bet you make
1500-2000 a day extra on CL by doing that
(09:27 am) Qwert :you know that i trust old
chinese man 🙂
(09:27 am) Mitch King:hehe
(09:28 am) JoeyTSA ::)
(09:28 am) Qwert :extra 1500 would make me
and wife happy
(09:29 am) Mitch King:tell her that aint
spouse money either
(09:29 am) JoeyTSA :or just dont tell her 🙂
(09:29 am) Qwert :i dont even show her cl
trades only stockss hehehe
(09:29 am) Mitch King:yeah, dont tell her
your profits and losses
(09:29 am) JoeyTSA :my wife still doesnt
understand this haha
(09:30 am) JoeyTSA :she says ” are you having
fun with your internet friends today” haha
(09:30 am) Qwert :mine has been doing some
trading
(09:30 am) Qwert :hahahaha joey
(09:31 am) regatta :SCSS moving
(09:34 am) regatta :watching NCLH
(09:38 am) JoeyTSA :eye on 1723 level /ES
(10:21 am) taco :nice /CL run
(10:55 am) JoeyTSA :eye on NUS here
(10:55 am) Murano :if you took KORS short
would cover most hee
(10:55 am) Murano :hee=here
(10:57 am) JoeyTSA :great one Murano
(11:00 am) Murano :covered 3/4 SBH
(11:01 am) Murano :thanks Joey
(11:12 am) Qwert :thx for KORS murano :))
(11:13 am) Ed :thax for kors Mr. murano
(11:15 am) Murano :thank you thank you
very much
(11:16 am) JoeyTSA :Murano should patent the
blind squirrel, how about Murano’s BS System
🙂
(11:16 am) Murano :that is for those of you
old enought to have seen Elvis
(11:16 am) JoeyTSA :never saw Elvis, but know
a handful of Elvis impersonators
(11:17 am) Murano :saw Elvis in Austin in
1977, a few months before he died
(11:17 am) JoeyTSA :nice
(11:18 am) Murano :if I could figure out how
to patent the blind squirrel I would
(11:18 am) JoeyTSA ::)
(11:19 am) JoeyTSA :LNKD has been pulling
back also
(11:20 am) Qwert :haha
(11:24 am) JoeyTSA :KORS was a beauty
(11:24 am) Murano :both down and up
(11:27 am) JoeyTSA :yeah
(11:37 am) JoeyTSA :ALKS, not a huge $ move,
but very nice chart today
(11:38 am) JoeyTSA :up $2 or 6% , but beauty
of a chart
(11:55 am) Murano :covered all BBRY
(12:01 pm) Murano :looking for 33 on SLCA
moved stop up to 31.95
(12:03 pm) Murano :stopped SLCA
(12:06 pm) Murano :strange spike down on WMT
(12:06 pm) Ed :sure was
(12:06 pm) JoeyTSA :high vol
(12:07 pm) Murano :maybe a fat finger
trade??
(12:07 pm) Ed :maybe
(12:07 pm) JoeyTSA :or a fat squirrel 🙂
(12:07 pm) Murano :haha
(12:07 pm) JoeyTSA :ok, gotta go hit the gym
b4 the webinar starts
(12:08 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano,Qwert, everyone
(12:08 pm) Ed :c ya joey
(12:08 pm) Murano :see you Joey
(12:08 pm) taco :cya joey
(12:08 pm) JoeyTSA :have a great day, see
some of you later and/or tomorrow
(12:14 pm) Murano :long SLCA again
(12:24 pm) Murano :out 1/2 SLCA
(12:28 pm) regatta :thx for SLCA murano
(12:29 pm) Murano :out all SLCA
(12:31 pm) Murano :regatta my second entry
was 31.98, where did you enter?
(12:37 pm) Murano :done for the day, see you
in the webnair
(12:38 pm) taco :cya murano nice calls
(12:38 pm) regatta :i was late to the party
and entered at 32.23
(12:39 pm) regatta :closed at 32.75
(12:48 pm) taco :thanks Mitch Ed Diosna
Qwert and everyone for today. see you at
q&a
(12:48 pm) gum :Murano SLCAgreat one
(01:00 pm) Qwert :bye everyone cya at the
webinar
(01:01 pm) Qwert :looks like goog beat
|