| (05:46 am) JoeyTSA :early gap down:
LNKD,IACI,YELP,QCOR,SODA,SFLY,PERI
(05:47 am) JoeyTSA :early gap up:
BWLD,BIDU,NUGT,AAPL,EA
(05:56 am) Mitch King:looking for a bounce
in CL
(05:57 am) Mitch King:in CL
(05:57 am) Mitch King:had 110 tick drop
overnight
(05:57 am) Mitch King:also in 2nd day of FOMC
meeting and announcement at 215pm eastern,
1115am pacific
(05:57 am) Mitch King:remember crude oil
inventory report at 1030am eastern
(05:58 am) Mitch King:filled target 1
(05:58 am) Mitch King:late post but long at
97.20 in CL, target 1 at 97.35
(06:11 am) JoeyTSA :good morning everyone
(06:19 am) Mitch’s Assist. :October 30, 2013,
Wednesday Pre Market Up: AAPL, BIDU, BWLD,
EA, GM, GOLD, GILD, Pre Market Down: SODA,
TEVA, QCOR, WU, YELP, IACI, PCL, CRUS, PRXL,
CLVS, PERI,
(06:28 am) Mitch King:stocks opening in 2
minutes
(06:30 am) Qwert :Monitoring GILD
(06:30 am) Mitch King:watching TSL for bottom
to buy
(06:31 am) Mitch King:monitoring GRMN
(06:31 am) Mitch King:AEGR trending up all
premarket
(06:31 am) Mitch King:watching QCOR for
bottom to buy, taking time
(06:31 am) JoeyTSA :SFLY pop
(06:31 am) JoeyTSA :keeping BIDU on the radar
today
(06:31 am) Mitch King:watching SCTY for
bottom to buy, also solar
(06:32 am) Mitch King:watching TSLA for
bottom
(06:32 am) Mitch King:SFLY rebounding after
yesterday’s drop aftermarket
(06:32 am) Mitch King:watchign ROSE for top
to short
(06:33 am) Mitch King:watching AVG for bottom
to buy
(06:34 am) Mitch King:monitoring YY
(06:34 am) JoeyTSA :eye on TASR
(06:35 am) Mitch King:watching SAVE for
bottom to buy
(06:36 am) Mitch’s Assist. :watching LOCK
(06:36 am) Mitch King:YELP strong,
monitoring
(06:36 am) Mitch King:watchign BIDU for
bottom, take time
(06:37 am) JoeyTSA :QCOR still weak
(06:37 am) Mitch King:CCJ trending up
(06:38 am) Mitch King:watching QCOR closer
(06:38 am) JoeyTSA :eye on NUVA
(06:38 am) Mitch King:CXO trending up
(06:41 am) Mitch King:for bottom to buy on
TTWO
(06:41 am) Mitch King:watching TTWO
(06:41 am) Mitch King:monitoring DISCA
(06:43 am) Mitch King:watching BEAM for
bottom to buy
(06:43 am) Mitch King:NQ moving, watch for
top for possible short, take time on this
(06:44 am) Mitch King:DBD trending up slowly
(06:44 am) Mitch King:watching QTWW for
bottom to buy, low priced
(06:45 am) Mitch’s Assist. :monitoring WBMD
(06:45 am) Mitch King:watching CALX for
bounce, starting
(06:45 am) JoeyTSA :tighten QCOR if short
(06:45 am) Mitch King:still watching AEGR
(06:47 am) Mitch’s Assist. :watching NQ
(06:48 am) Mitch King:DLR cant find bottom
yet
(06:48 am) Mitch’s Assist. :watching LULU
(06:50 am) Ed :morning traders
(06:50 am) Mitch King:watching WBMD for
bottom to buy
(06:53 am) Murano :watching WLT
(06:54 am) Mitch King:EW trending down
(06:54 am) Mitch King:AGCO steady downtrend,
more downside
(06:54 am) JoeyTSA :tighten AAPL if long on
break of hod
(06:54 am) JoeyTSA :tigthhen QIHU if long on
that move over $87
(06:55 am) Mitch King:monitoring GRMN
(06:56 am) Qwert :trimming GILD here
(06:59 am) JoeyTSA :QCOR still struggling to
move up, eye on $58 for next short if at all
(06:59 am) Mitch King:watching SODA for 2nd
bottom again to buy, taking time
(07:01 am) Mitch King:oil inventories in 28
minutes from now
(07:04 am) JoeyTSA :eye on AAPL for potential
move up
(07:07 am) JoeyTSA :eye on RRC
(07:08 am) JoeyTSA :tighten LNKD if short
(07:08 am) Mitch King:GRMN still
downtrending
(07:09 am) JoeyTSA :NFLX to test $320
(07:19 am) Mitch King:CECO worth watching,
low priced
(07:25 am) Mitch King:watching EQIX for
bottom
(07:28 am) JoeyTSA :crude inv about 1min
(07:49 am) Mitch’s Assist. :Crude oil
inventories 4.09M build vs. consensus of 2.4M
build. Gasoline inventories 1.71M draw vs.
consensus of 200K draw. Distillates 3.06M
draw vs. consensus of 1.0M draw
(07:30 am) JoeyTSA :$97 getting tested on
/CL
(08:22 am) JoeyTSA :/ES pullback to pp
(08:33 am) JoeyTSA :eye on NFLX in the $321
area
(08:36 am) Ed :SPY new lod
(08:45 am) JoeyTSA :eye on SAVE
(08:50 am) JoeyTSA :MSM?
(08:52 am) Ed :11:50 MSM Exec: Sees ‘all-in’
operating margin in FY14 down 200 bps y/y –
conf call – Do expect more incremental spend
on our recent e-commerce roll out, its not
“one and done.” –
(09:50 am) Ed :should get some nice action
once fed announces
(09:55 am) Mitch King:CL broke through 97.15,
was a barrier
(10:19 am) Ed :sorry disregard TSLA
(10:19 am) Ed :tsla
(10:19 am) Ed :(US) Preview: FOMC rate
decision and policy statement due 14:00ET –
At its September meeting the FOMC decided to
hold off on tapering QE. Though the minutes
showed that many voting members saw this as a
“close call,” they decided not to taper
saying they were awaiting more evidence of
economic progress before adjusting the
purchase program. The decision largely
surprised markets which had been prepared for
tapering, but it turned out to be the right
call ahead of the political showdown in
Washington in early October. – In today’s
policy statement, the FOMC is expected to
maintain its QE purchase program steady at
$85B/month due to the continued fiscal
uncertainty related to the government
shutdown and the debt ceiling fight which
could re-emerge early next year if budget
negotiations go badly over the next two
months. The tepid September employment report
and other anemic economic data have also
contributed to expectations that Fed tapering
is now on hold until at least December and
probably into Q1 or even the spring of 2014.
– The policy statement will likely make some
minor tweaks of the economic outlook
statement to reflect the most recent data
(and the delay of some key data because of
the govt shutdown), and could add more
emphasis to the fiscal uncertainties after
the fiasco in Washington in the first half of
October (previously “fiscal policy is
restraining economic growth”). This could be
expressed in the statement by downgrading the
assessment of economic activity from
“moderate” to “modest”, or by noting a
dampening of the improvement that had been
seen in household spending and the housing
sector. The Fed could also revise its
language on “fluctuations” in energy prices
now that oil has fallen below $100/bbl. –
Expectations are that the FOMC will not make
any changes to its QE policy or rate policy,
though recent comments from Fed officials
have shown that they continue to discuss the
ideas of tweaking threshold guidance (such as
lowering the 6.5% unemployment threshold for
rate action, or adding a lower bound
threshold for inflation). On the outside
chance that the Fed does make a significant
move today, Chairman Bernanke has previously
indicated that he could call an impromptu
press conference to give a more detailed
discussion even though no presser is
scheduled for this meeting.
(10:22 am) Ed :sorry again on TSLA please
disregard
(10:22 am) Mitch King:Ed didnt sleep all
night
(10:22 am) Ed :tsla
(10:26 am) Ed :wwww getting some selling on
cautious comments
(10:28 am) Ed :nothing interesting in WWWW at
this time
(10:48 am) Ed :WWWW Ticks lower on
circulation of cautious comments in a
financial blog – reference link:
http://seekingalpha.com/instablog/890075-copp
erfield-research/2361592-web-com-grou –
(10:50 am) Mitch King:i would think oil would
rebound if the Federal Reserve doesnt change
policy or language nor change any bond buying
strategy
(10:59 am) Ed :20 secs for statement
(11:00 am) Ed :gold selling hard at this sec
(11:00 am) Ed :*(US) FOMC HOLDS FED FUNDS
RATE TARGET AT 0.25% (AS EXPECTED-
(11:01 am) Ed :*(US) FOMC HOLDS FED FUNDS
RATE TARGET AT 0.25% (AS EXPECTED): NO TAPER;
WILL WAIT FOR MORE SIGNS OF GROWTH BEFORE
MAKING ADJUSTMENTS – Vote 9-1 – conomic
activity has continued to expand at a
moderate pace. Indicators of labor market
conditions have shown some further
improvement, but the unemployment rate
remains elevated. Available data suggest that
household spending and business fixed
investment advanced, while the recovery in
the housing sector slowed somewhat in recent
months. Fiscal policy is restraining economic
growth –
(11:05 am) JoeyTSA :watching IACI
(11:17 am) JoeyTSA :/ES selling a bit
(11:17 am) Mitch King:I see more downside on
CL, red and blue lines on Thunder chart
turning over and purple dash line is pegged
to bottom
(11:30 am) Ed :GBP/USD Falls below $1.60;
2-week lows 14:27 NZD/USD Falls below $0.82
handle; 4-week low –
(11:41 am) Ed :nasdaq is reporting some
issues
(11:46 am) JoeyTSA :eye on VRTX
(11:59 am) Murano :watching TNGO
(12:06 pm) JoeyTSA :got some buying coming
in
(12:15 pm) Mitch’s Assist. :watching YELP
(12:35 pm) Murano :watching LCC
(12:36 pm) Ed :LCC Reportedly preparing
settlement proposal with DOJ regarding
antitrust concerns in merger with AMR-
financial press (related AAMRQ DEALS AMR )-
(12:44 pm) Murano :watching HFC approaching
R3
(12:54 pm) Ed :have a great eve traders
| (05:46 am) JoeyTSA :early gap down:
LNKD,IACI,YELP,QCOR,SODA,SFLY,PERI
(05:47 am) JoeyTSA :early gap up:
BWLD,BIDU,NUGT,AAPL,EA
(05:56 am) Mitch King:looking for a bounce
in CL
(05:57 am) Mitch King:in CL
(05:57 am) Mitch King:had 110 tick drop
overnight
(05:57 am) Mitch King:also in 2nd day of FOMC
meeting and announcement at 215pm eastern,
1115am pacific
(05:57 am) Mitch King:remember crude oil
inventory report at 1030am eastern
(05:58 am) Mitch King:filled target 1
(05:58 am) Mitch King:late post but long at
97.20 in CL, target 1 at 97.35
(06:11 am) JoeyTSA :good morning everyone
(06:19 am) Mitch’s Assist. :October 30, 2013,
Wednesday Pre Market Up: AAPL, BIDU, BWLD,
EA, GM, GOLD, GILD, Pre Market Down: SODA,
TEVA, QCOR, WU, YELP, IACI, PCL, CRUS, PRXL,
CLVS, PERI,
(06:28 am) Mitch King:stocks opening in 2
minutes
(06:30 am) Qwert :Monitoring GILD
(06:30 am) Mitch King:watching TSL for bottom
to buy
(06:31 am) Mitch King:monitoring GRMN
(06:31 am) Mitch King:AEGR trending up all
premarket
(06:31 am) Mitch King:watching QCOR for
bottom to buy, taking time
(06:31 am) JoeyTSA :SFLY pop
(06:31 am) JoeyTSA :keeping BIDU on the radar
today
(06:31 am) Mitch King:watching SCTY for
bottom to buy, also solar
(06:32 am) Mitch King:watching TSLA for
bottom
(06:32 am) Mitch King:SFLY rebounding after
yesterday’s drop aftermarket
(06:32 am) Mitch King:watchign ROSE for top
to short
(06:33 am) Mitch King:watching AVG for bottom
to buy
(06:34 am) Mitch King:monitoring YY
(06:34 am) JoeyTSA :eye on TASR
(06:35 am) Mitch King:watching SAVE for
bottom to buy
(06:36 am) Mitch’s Assist. :watching LOCK
(06:36 am) Mitch King:YELP strong,
monitoring
(06:36 am) Mitch King:watchign BIDU for
bottom, take time
(06:37 am) JoeyTSA :QCOR still weak
(06:37 am) Mitch King:CCJ trending up
(06:38 am) Mitch King:watching QCOR closer
(06:38 am) JoeyTSA :eye on NUVA
(06:38 am) Mitch King:CXO trending up
(06:41 am) Mitch King:for bottom to buy on
TTWO
(06:41 am) Mitch King:watching TTWO
(06:41 am) Mitch King:monitoring DISCA
(06:43 am) Mitch King:watching BEAM for
bottom to buy
(06:43 am) Mitch King:NQ moving, watch for
top for possible short, take time on this
(06:44 am) Mitch King:DBD trending up slowly
(06:44 am) Mitch King:watching QTWW for
bottom to buy, low priced
(06:45 am) Mitch’s Assist. :monitoring WBMD
(06:45 am) Mitch King:watching CALX for
bounce, starting
(06:45 am) JoeyTSA :tighten QCOR if short
(06:45 am) Mitch King:still watching AEGR
(06:47 am) Mitch’s Assist. :watching NQ
(06:48 am) Mitch King:DLR cant find bottom
yet
(06:48 am) Mitch’s Assist. :watching LULU
(06:50 am) Ed :morning traders
(06:50 am) Mitch King:watching WBMD for
bottom to buy
(06:53 am) Murano :watching WLT
(06:54 am) Mitch King:EW trending down
(06:54 am) Mitch King:AGCO steady downtrend,
more downside
(06:54 am) JoeyTSA :tighten AAPL if long on
break of hod
(06:54 am) JoeyTSA :tigthhen QIHU if long on
that move over $87
(06:55 am) Mitch King:monitoring GRMN
(06:56 am) Qwert :trimming GILD here
(06:59 am) JoeyTSA :QCOR still struggling to
move up, eye on $58 for next short if at all
(06:59 am) Mitch King:watching SODA for 2nd
bottom again to buy, taking time
(07:01 am) Mitch King:oil inventories in 28
minutes from now
(07:04 am) JoeyTSA :eye on AAPL for potential
move up
(07:07 am) JoeyTSA :eye on RRC
(07:08 am) JoeyTSA :tighten LNKD if short
(07:08 am) Mitch King:GRMN still
downtrending
(07:09 am) JoeyTSA :NFLX to test $320
(07:19 am) Mitch King:CECO worth watching,
low priced
(07:25 am) Mitch King:watching EQIX for
bottom
(07:28 am) JoeyTSA :crude inv about 1min
(07:49 am) Mitch’s Assist. :Crude oil
inventories 4.09M build vs. consensus of 2.4M
build. Gasoline inventories 1.71M draw vs.
consensus of 200K draw. Distillates 3.06M
draw vs. consensus of 1.0M draw
(07:30 am) JoeyTSA :$97 getting tested on
/CL
(08:22 am) JoeyTSA :/ES pullback to pp
(08:33 am) JoeyTSA :eye on NFLX in the $321
area
(08:36 am) Ed :SPY new lod
(08:45 am) JoeyTSA :eye on SAVE
(08:50 am) JoeyTSA :MSM?
(08:52 am) Ed :11:50 MSM Exec: Sees ‘all-in’
operating margin in FY14 down 200 bps y/y –
conf call – Do expect more incremental spend
on our recent e-commerce roll out, its not
“one and done.” –
(09:50 am) Ed :should get some nice action
once fed announces
(09:55 am) Mitch King:CL broke through 97.15,
was a barrier
(10:19 am) Ed :sorry disregard TSLA
(10:19 am) Ed :tsla
(10:19 am) Ed :(US) Preview: FOMC rate
decision and policy statement due 14:00ET –
At its September meeting the FOMC decided to
hold off on tapering QE. Though the minutes
showed that many voting members saw this as a
“close call,” they decided not to taper
saying they were awaiting more evidence of
economic progress before adjusting the
purchase program. The decision largely
surprised markets which had been prepared for
tapering, but it turned out to be the right
call ahead of the political showdown in
Washington in early October. – In today’s
policy statement, the FOMC is expected to
maintain its QE purchase program steady at
$85B/month due to the continued fiscal
uncertainty related to the government
shutdown and the debt ceiling fight which
could re-emerge early next year if budget
negotiations go badly over the next two
months. The tepid September employment report
and other anemic economic data have also
contributed to expectations that Fed tapering
is now on hold until at least December and
probably into Q1 or even the spring of 2014.
– The policy statement will likely make some
minor tweaks of the economic outlook
statement to reflect the most recent data
(and the delay of some key data because of
the govt shutdown), and could add more
emphasis to the fiscal uncertainties after
the fiasco in Washington in the first half of
October (previously “fiscal policy is
restraining economic growth”). This could be
expressed in the statement by downgrading the
assessment of economic activity from
“moderate” to “modest”, or by noting a
dampening of the improvement that had been
seen in household spending and the housing
sector. The Fed could also revise its
language on “fluctuations” in energy prices
now that oil has fallen below $100/bbl. –
Expectations are that the FOMC will not make
any changes to its QE policy or rate policy,
though recent comments from Fed officials
have shown that they continue to discuss the
ideas of tweaking threshold guidance (such as
lowering the 6.5% unemployment threshold for
rate action, or adding a lower bound
threshold for inflation). On the outside
chance that the Fed does make a significant
move today, Chairman Bernanke has previously
indicated that he could call an impromptu
press conference to give a more detailed
discussion even though no presser is
scheduled for this meeting.
(10:22 am) Ed :sorry again on TSLA please
disregard
(10:22 am) Mitch King:Ed didnt sleep all
night
(10:22 am) Ed :tsla
(10:26 am) Ed :wwww getting some selling on
cautious comments
(10:28 am) Ed :nothing interesting in WWWW at
this time
(10:48 am) Ed :WWWW Ticks lower on
circulation of cautious comments in a
financial blog – reference link:
http://seekingalpha.com/instablog/890075-copp
erfield-research/2361592-web-com-grou –
(10:50 am) Mitch King:i would think oil would
rebound if the Federal Reserve doesnt change
policy or language nor change any bond buying
strategy
(10:59 am) Ed :20 secs for statement
(11:00 am) Ed :gold selling hard at this sec
(11:00 am) Ed :*(US) FOMC HOLDS FED FUNDS
RATE TARGET AT 0.25% (AS EXPECTED-
(11:01 am) Ed :*(US) FOMC HOLDS FED FUNDS
RATE TARGET AT 0.25% (AS EXPECTED): NO TAPER;
WILL WAIT FOR MORE SIGNS OF GROWTH BEFORE
MAKING ADJUSTMENTS – Vote 9-1 – conomic
activity has continued to expand at a
moderate pace. Indicators of labor market
conditions have shown some further
improvement, but the unemployment rate
remains elevated. Available data suggest that
household spending and business fixed
investment advanced, while the recovery in
the housing sector slowed somewhat in recent
months. Fiscal policy is restraining economic
growth –
(11:05 am) JoeyTSA :watching IACI
(11:17 am) JoeyTSA :/ES selling a bit
(11:17 am) Mitch King:I see more downside on
CL, red and blue lines on Thunder chart
turning over and purple dash line is pegged
to bottom
(11:30 am) Ed :GBP/USD Falls below $1.60;
2-week lows 14:27 NZD/USD Falls below $0.82
handle; 4-week low –
(11:41 am) Ed :nasdaq is reporting some
issues
(11:46 am) JoeyTSA :eye on VRTX
(11:59 am) Murano :watching TNGO
(12:06 pm) JoeyTSA :got some buying coming
in
(12:15 pm) Mitch’s Assist. :watching YELP
(12:35 pm) Murano :watching LCC
(12:36 pm) Ed :LCC Reportedly preparing
settlement proposal with DOJ regarding
antitrust concerns in merger with AMR-
financial press (related AAMRQ DEALS AMR )-
(12:44 pm) Murano :watching HFC approaching
R3
(12:54 pm) Ed :have a great eve traders
|
Web Special
