(05:56 am) JoeyTSA :early gap down:
ROSE,VRTX,FB,TSLA,QCOR?
(05:57 am) JoeyTSA
:also low priced gap up ALIM,PSDV
(05:57
am) JoeyTSA :early gap up:
ACN,FUEL?
(06:07 am) Mitch’s Assist.
:December 19, 2013 Thursday Pre Market Up:
ALIM, PSDV, Pre Market Down:
TSLA, FB, QCOR, NUGT, GOOG,
DRI,
(06:10 am) Mitch King:FB selling lot
of shares, i think 27 mil from company
treasury stock, and Zuckerburg selling to pay
for taxes
(06:17 am) Mitch King:More DOWN
stocks BIDU, AAPL
(06:17 am) Mitch
King:sorry
(06:17 am) Mitch King:Colin
Nicholson
(06:26 am) Mitch King:both
cruise line companies moving up: CCL,
RCL
(06:30 am) Mitch King:watching ROSE
for bottom
(06:31 am) Mitch King:watching
GOGO today for trades both ways
(06:31 am)
Mitch King:gold futures down $25
/oz
(06:31 am) Mitch King:watching CAVM
for bottom, take time
(06:32 am) Mitch
King:monitoring HXL today
(06:32 am)
Mitch’s Assist. :WATCHING tco
(06:32 am)
Mitch King:FB rebounding
(06:33 am) Mitch
King:ORCL up
(06:35 am) Mitch King:CCL
turning down
(06:35 am) Mitch
King:monitoring IBN drop
(06:35 am) Mitch
King:watching TMUS for top to short, take
time
(06:36 am) Mitch’s Assist. :watching
MPEL
(06:36 am) Mitch King:defense
contractors dropping: LMT, GD
(06:37
am) Mitch King:monitoring ACN,
(06:37 am)
Mitch’s Assist. :watching ATU
(06:37 am)
Mitch King:watching CIE for short on top of
this bounce, take time
(06:38 am) JoeyTSA
:VRTX from yesterday
(06:38 am) Mitch’s
Assist. :watching LULU
(06:38 am) JoeyTSA
:eye on SCTY
(06:38 am) Mitch
King:monitoring SWKS
(06:39 am) Mitch’s
Assist. :watching DRI
(06:39 am) Mitch
King:watching CAMP for short
(06:42 am)
Mitch King:RCL still heading down, Royal
Cruise lines. CLL is Carnival
Cruise Lines
(06:42 am) Mitch
King:consider covering CCL
(06:42 am)
Mitch King:AFSI spike
(06:43 am) JoeyTSA
:watching QIHU,
(06:44 am) Mitch
King:watching DRI for bottom to buy
(06:44
am) JoeyTSA :tighten SCTY if long
(06:45
am) JoeyTSA :tighten VRTX as it nears
$70
(06:46 am) Mitch King:SMTC still
climbing off bottom
(06:46 am) Mitch
King:monitoring VRTX
(06:48 am) Qwert
:watching SCTY
(06:50 am) Mitch King:CALL
moving
(06:50 am) Mitch’s Assist.
:watching GIS
(06:51 am) JoeyTSA :eye on
SPLK for potential breakout
(06:51 am)
Mitch King:monitoring OC drop
(06:51 am)
Mitch King:JBL spike
(06:52 am) JoeyTSA :3
reports in 8min including philly
fed
(06:53 am) JoeyTSA :eye on
YELP
(06:54 am) JoeyTSA :eye on potential
breakout for IACI @ $65 area
(06:54 am)
JoeyTSA :eye on /NQ @ 3490 area
(06:57 am)
Mitch King:watchign JBL closer
(07:01 am)
JoeyTSA :reports comng out
(07:02 am)
JoeyTSA :QIHU great move
(07:03 am)
JoeyTSA :eye on /CL, its kind of basing
here
(07:07 am) Mitch King:cover
JBL
(07:11 am) Mitch King:you guys see the
$50/oz drop in gold from yesterday
close to now
(07:13 am) Mitch King:even
though CL has pullled back from the 98.73
high, we are still in an uptrend
(07:14
am) JoeyTSA :indices giving good
pullback, nat gas in 15
(07:16 am)
Mitch King:Natural gas inventories in 13
minutes
(07:31 am) Mitch King:NG futures
spiking
(07:32 am) Mitch King:NG spiked
100 ticks
(07:32 am) Mitch King:NG
inventory down 285bcf
(07:46 am) Mitch
King:looking for short in NG 1-14
(07:53
am) Mitch King:when you see these wavy lines
in the white zone as shown on the THunder 2
chart here, you can take shorts on extreme
tops and buy on bottoms in both
directions
(07:57 am) JoeyTSA :tighten
IACI
(08:03 am) Mitch King:good place to
cover JBL
(08:14 am) JoeyTSA :IACI on
watch again
(08:28 am) JoeyTSA :tighten
IACI
(09:21 am) Mitch King:my take on /NG
is it is probably goign to start selling
down, momentum has been lost.
(10:00 am)
Mitch King:thats gold futures
(10:00 am)
Mitch King:GC 2-14 still giving real good
trades both ways
(10:57 am) Mitch
King:very gradual downtrend in /CL
(11:13
am) Mitch King:/NG still a hot one
today
(11:51 am) Murano :watching
TRLA
(11:56 am) JoeyTSA :eye on
TWTR
(11:57 am) Murano :watching
AGN
(12:36 pm) Mitch’s Assist. :watching
ROSE
(12:54 pm) Mitch King:both still
selling off
(12:54 pm) Mitch King:man
that was good trading today both on /NG
and /CL
(01:00 pm) Mitch King:later guys,
see you all tomorrow
| (05:21 am) Qwert :Good morning Doji,
Gum
(05:29 am) rd :good morning to
the early birds
(05:35 am) Qwert :good
morning Rd, elec
(05:47 am) alan3
:GM all.
(05:49 am) doji :Hi Qwert,
good morning, actually I am an early bird, I
get up everyday at 5:00AM for jogging and to
work at the office so I can have some time
for day trading when the market opens at
12:30OM Brasilia time
(05:50 am)
doji :So I go to bed at around
midnight… cannot sleep too much
actually….lol
(05:53 am) JoeyTSA :good
morning all
(05:54 am) JoeyTSA :existing
home sales,philly fed,cb leadig all at
7pdt
(05:54 am) JoeyTSA :nat ga @
7:30pdt
(05:56 am) doji :SPY
dropping in pre-market
(05:57 am) JoeyTSA
:doji: probably on the unemployment
#
(05:58 am) JoeyTSA :just a
guess
(06:00 am) doji :Unemployment
rasing… even with QE…
(06:00 am)
JoeyTSA :i guess it depends on how they
calculate
(06:01 am) doji :Paper,
siccor or rock, you shoose
(06:01 am)
JoeyTSA :haha
(06:01 am) JoeyTSA :if more
people come back to the work force,
unemploment could go up
(06:03 am) JoeyTSA
:didnt realize that /GC touched below
1200
(06:03 am) JoeyTSA :eye on CIE
@$14
(06:10 am) rd :I heard a total
of 70mm shares
(06:10 am) JoeyTSA
:crazy
(06:11 am) taco :gm everyone
thanks joey mitch for gaps
(06:17 am)
JoeyTSA :CCL getting a vol spike
(06:19
am) skydiver :gm all and thanks for
gappers
(06:20 am) freitag8 :RAD,
low priced stock,annonced earnings this
morning,beat est slightly
(06:21 am)
Murano :good morning
(06:22 am)
freitag8 :BTW,good morning
every1
(06:23 am) freitag8 :/ES been
trading sideways on S2 on 1 min chart for the
last 20 minutes
(06:23 am) doji
:Joey, watching AMZN near $400….
(06:23
am) doji :Hi Murano
(06:24 am)
JoeyTSA :interesting freitag, my /ES had a
decent bounce but i wasnt in it
(06:25 am)
JoeyTSA :yeah doji, looks like a good # to
me, $550 on AAPL, $170 BIDU on watch
too
(06:25 am) freitag8 :I missed it
too…purple dash line just lifted of bottom
on ES
(06:27 am) freitag8
:Interesting trading on /ES over night…
session high was1805,low was 1795 and its
dead center between that now
(06:28 am)
JoeyTSA :/CL nice move
(06:29 am)
doji :/GC also dropping, didn’t move
yesterady even with the QE still almost
intact
(06:33 am) doji
:TSLA
(06:35 am) skydiver :long TSLA
145.23 – thnx doji for getting my eyes on it
fast
(06:36 am) skydiver :3/4 out of
TSLA long
(06:36 am) doji
:SIE
(06:36 am) doji :CIE
(06:36
am) skydiver :all out of TSLA
long
(06:36 am) doji :AMZN
(06:38
am) doji :ULTA
(06:38 am)
skydiver :my Fly on the wall news
source audio isn’t working today . . . feel a
bit blind today
(06:39 am) skydiver
:monitoring old friend KORS
(06:39 am)
JoeyTSA :about 80c move on /CL off dbl
bot
(06:41 am) skydiver :/CL been a
mover today . . .missed it but nice
(06:42
am) regatta :watching PIR
(06:43 am)
doji :NFLX
(06:44 am) doji
:JBL
(06:49 am) skydiver :missed
LNKD move . . . and right in front of my
nose!! yep time for coffee
(06:50
am) skydiver :ANF – rumors –
(06:50
am) skydiver :rumor on ANF – it may be
exploring a sale
(06:50 am) doji
:JBL
(06:52 am) skydiver :thnx
joey
(06:52 am) Qwert :thx for reminder
joey
(06:53 am) skydiver :TSLA –
monitoring again
(06:55 am) skydiver
:covering KORS short here
(06:57 am)
JoeyTSA :GS breaking out over $175
(06:57
am) doji :Riding JBL
(06:57 am)
JoeyTSA :see if it signal anything
(06:57
am) skydiver :whoever called HLF – thnx
–
(07:00 am) doji :Watching
TWTR
(07:01 am) skydiver :thnx joey
again 🙂
(07:02 am) JoeyTSA :big miss on
existing home sales?
(07:02 am) JoeyTSA
:down 4.3 vs 2.0 est
(07:03 am) JoeyTSA :i
missed the philly fed #
(07:05 am)
freitag8 :Philly FED due out at 10AM
EST
(07:05 am) JoeyTSA :yeah, should have
come out alread
(07:06 am) JoeyTSA :was
7.0
(07:06 am) JoeyTSA :forecast was
10.3
(07:07 am) JoeyTSA :/GC a bit
manic
(07:07 am) freitag8 :yeah, I
thought 1200 would be a bigger magnet than it
was
(07:08 am) doji :Sorry I forgot
to post my short in TWTR
(07:08 am)
freitag8 :if GC tests 1200 I will look
for a short again
(07:11 am) JoeyTSA :nice
short doji
(07:11 am) Qwert :huge drop
mitch
(07:11 am) alan3 :Yes
Mitch.
(07:12 am) skydiver :yes
Mitch on the gold question
(07:13 am)
JoeyTSA :ACN was good shor
(07:13 am)
JoeyTSA :short
(07:21 am) regatta
:watching SWI
(07:28 am) JoeyTSA :/NQ on
decnt move, eye on this level
(07:28 am)
JoeyTSA :DDD broke out
(07:30 am)
doji :Watching NFLX
(07:31 am)
doji :So market digested the bad
numbers and num resume its uptrend…
nice
(07:36 am) regatta :watching
WGO
(07:45 am) doji :VEry hard to
trade the SPY when there are those sudden big
jumps
(07:49 am) doji :If you took
AMZN, I would close some here
(07:52 am)
macnac :SCTY watching for
short
(07:58 am) doji :When did you
call IACI Joey?
(07:58 am) JoeyTSA :on the
breakout over $65
(07:58 am) JoeyTSA
:maybe an hour ago
(07:59 am) JoeyTSA
:yeah doji, @ 6:54pdt in the above
section
(08:00 am) JoeyTSA :decent swings
on /NQ all morning
(08:00 am) doji
:I didn’t know you keep trading a stock for
so “long”…
(08:01 am) JoeyTSA :no
kidding haha, i guess thats my
swing trade 🙂
(08:04 am) Mitch King:looks
like a garage fire on recharging a TSLA
started today’s selling on it. would
not be surprised there is a specific campaign
to make TSLA look bad. motivation is
from carmakers as well as short
sellers
(08:12 am) skydiver :ok – my
time is up . .. thnx regatta for WGO –
mis-handled it, but finally turned around and
made me good profit . . . see you all
tomorrow and make lots of $$$ 🙂
(08:12
am) JoeyTSA :have a great day sky
(08:12
am) taco :cya sky
(08:12 am)
skydiver ::)
(08:13 am) Murano
:thanks for SWI regatta good
call
(08:16 am) regatta :glad you
got it, my squirrel has adtd (attention
deficit trading disorder)
(08:16 am)
Murano :haha
(08:16 am) regatta
:easily distracted by other stocks,
etc
(08:18 am) JoeyTSA :haha
(08:20 am)
doji :Nice run in FSLR, waiting for
pullback
(08:21 am) doji :Don’t like
chasing tops
(08:24 am) doji :Joey,
are you in IACI?
(08:24 am) JoeyTSA
:yeah
(08:25 am) doji :Since early
in the morning?
(08:25 am) JoeyTSA :2nd
entry
(08:25 am) doji :Where was
your 2nd entry?
(08:25 am) JoeyTSA :stop
set at 68.50
(08:26 am) JoeyTSA
:67.82
(08:26 am) JoeyTSA :should have
entered earlier though
(08:26 am)
doji :Ok at the breakout of the
preceeding high but don;t see a lot of volume
on that candle
(08:26 am) JoeyTSA :i
dont use vol much anymore
(08:27 am)
JoeyTSA :for breakouts i mean
(08:27 am)
doji :So how do you confirm it’s a
breakout and not a headfake?
(08:27 am)
JoeyTSA :would rather see i breakout on lower
vol
(08:27 am) JoeyTSA :my stop determines
headfake or not
(08:28 am) doji :I
mean after a such a long run, not having
volume on your side at the breakout…. isn’t
that a bad r/r?
(08:28 am) doji :You
always seem conecrneed about the R/R
ratio
(08:28 am) JoeyTSA :i dont think
so
(08:29 am) JoeyTSA :i was looking for a
least 1pt run
(08:29 am) doji
:Beacause?
(08:30 am) JoeyTSA :i am
gravitating to low vol breakouts
(08:30
am) JoeyTSA :just what i was looking at,
stock has been on fire all morning
(08:30
am) doji :I;ll assume because of the
uptrend in the market…
(08:30 am)
JoeyTSA :moreso the uptrend of the
stock
(08:31 am) JoeyTSA :markets
basically flat on the day
(08:31 am)
freitag8 :the ES has failed2 times at
this level already this morning…
(08:32
am) JoeyTSA :my thinking on vol : if
breakout is on really large buy vol then who
is left to push it higher?
(08:32 am)
doji :I mean, due to the oveall market
trend (not today), breakouts are more
consistent with low volume as most of the
money is already in
(08:32 am) doji
:The sucekrs!
(08:32 am) doji
:hahahah
(08:32 am) JoeyTSA
:haha
(08:33 am) doji :SO you are a
contrarian on breakouts
(08:33 am) JoeyTSA
:so if i see high vol breakout and i have
entered, my stop cuts loss short…
(08:33
am) JoeyTSA :if i missed the entryon high vol
breakout, i look for immediate pullback to
breakout level
(08:34 am) JoeyTSA :stopped
on IACI
(08:34 am) JoeyTSA :will look at
$70 for next entry, but careful now with rd
#
(08:34 am) freitag8 :Three Inside
Down chart pattern on 1 minute CL… very
bearish
(08:36 am) freitag8
:especially if it’s above the 20 bar
MA
(08:36 am) doji :Volume picking
up
(08:42 am) JoeyTSA :doji: one other
thing i am trying is entering before the
actual breakout
(08:42 am) doji
:Sorted at $70, let’s see where it
edns
(08:46 am) freitag8 :GC nearing
the 1200 level
(08:47 am) JoeyTSA :great
short doji, i didnt get it
(08:48 am)
JoeyTSA :not my type of play, but VHEM got
big vol candle, i wont play t
though
(08:48 am) taco :NEAT
PERSPECTIVE ON VOLUME JOEY
(08:48 am)
taco :sorry caps again
(08:48 am)
taco :have to yell sometimes to be
heard haha
(08:49 am) doji
:DRI
(08:49 am) doji :Here is a
breakout Joey
(08:53 am) freitag8
:GC at 1200…
(08:54 am) freitag8
:watching GOGO for bottom
(08:56 am)
JoeyTSA :taco: just something i have been
working with
(08:56 am) doji :I
agree with Taco, just shout louder Joey, or
at least tell us your intentions so we can
see the trade
(08:57 am) JoeyTSA :doji:
will wait a bit on this one, plus lunch so if
i enter it will be on smaller
position
(08:57 am) doji :I wnet
long on DRI as I saw the vloume at the
breaout
(08:58 am) JoeyTSA :yeah, both
types will work, and both will give you
headfakes
(08:58 am) JoeyTSA :i mean lunch
NY time
(09:06 am) JoeyTSA :/CL sitting at
$99
(09:25 am) Qwert :Mitch whats your
take on /CL?
(09:29 am) Mitch King:/NG
regained strength. the purple dash line
on NG is pegged to top. /CL is slightly
weaker but still in uptrend
(09:30 am)
Qwert :thx mitch
(09:35 am) JoeyTSA :quick
pop on /CL
(09:35 am) JoeyTSA :APD hod,
not in just saw it
(09:39 am) Qwert :that
was a huge /CL move
(09:40 am) Qwert
:should have kept my runner from this
am
(09:45 am) JoeyTSA :ACN hod
(09:46
am) JoeyTSA :yeah qwert, /CL kept holding jst
above R2, oh well
(09:47 am) JoeyTSA :i
missed great entry there
(09:47 am) Qwert
:i got in at 98.37 earlier gotta keep those
runners
(09:47 am) JoeyTSA :still really
good trade
(09:51 am) Qwert :someday i
will learn more patience
(09:51 am)
JoeyTSA :i get a little nervous when things
stall
(09:52 am) JoeyTSA :price was stuck
in that area for a while
(09:53 am) Qwert
:i thought it would pop take out the shorts
then rollover not go for 40 tics
hahaha
(09:54 am) JoeyTSA ::)
(10:02
am) JoeyTSA :think i will break for an
hour
(10:09 am) Mitch’s Assist. :SPY
moving up
(10:23 am) freitag8 :ES
nearing the 1805 level… that was the high
in the overnight session… could be some
resistance there
(10:29 am) Mitch
King:TSLA released statement that the Tesla
charger nor the Tesla car caused the garage
fire. sure a lot of people trying to
bring down Tesla
(10:36 am) doji
:FSLR turning
(11:01 am) doji
:Wacthing TSLA
(11:17 am) Mitch King:have
you guys ever heard of McDonalds closing
stores? seems odd, closing 74 stores in
Japan
(11:17 am) Qwert :back in a bit
after some lunch
(11:17 am) JoeyTSA :not
until that japan story
(11:19 am) JoeyTSA
:nothing jumping out at me
(11:23 am)
freitag8 :cl at R2
(11:23 am) Mitch
King:joey you see that Yukos guy in Russia
was released from jail? he was the
wealthies individual in Russian 10 years
ago. Russian govt says he didnt report
certain oil income and when he was in jail,
Putin pretty much destroyed his company, took
a bunch of his assets liek oil and
pipeline.
(11:23 am) JoeyTSA :didnt see
that one
(11:25 am) harlen444 :whats
the symbal for nstural gas
(11:26 am)
Murano :NG
(11:28 am) harlen444 :ng
says novagold
(11:30 am) Murano :NGis the
symbol for natural gas futures
(11:31 am)
Mitch King:sorry about that harlen
(11:32
am) harlen444 :thanks murano, have
never futures.
(11:32 am) doji
:/NG
(11:33 am) Murano :harlan if you are
looking for a stock to trade natural gas try
UGAZ it is 3X bull
(11:34 am) JoeyTSA :APD
hod, nice run
(11:35 am) doji
:what is the 3X for oil Murano?
(11:36 am)
doji :Man, I missed TSLA
rebound
(11:37 am) Murano :UGAZ
doji
(11:37 am) JoeyTSA :UCO is
2x
(11:37 am) Murano :sorry doji that is
gas, I will try to find oil
(11:37
am) JoeyTSA :long
(11:37 am) JoeyTSA
:http://www.pmbull.com/oil-etfs/
(11:38
am) JoeyTSA :not sure about volume on any of
those though
(11:38 am) doji :Too
lazy yo search Joey
(11:38 am) JoeyTSA
:would take you 2 weeks with your connection
haha
(11:40 am) doji :I see that as
a challenge Joey, not as a
liability
(11:40 am) JoeyTSA ::)
(11:41
am) doji :In addition to having to work
two shifts to feed my 5 wives and 20
children
(11:41 am) JoeyTSA :busy
man
(11:42 am) doji :and in addition
to “make” each wife happy at least two a
week
(11:50 am) JoeyTSA :today seems so
boring after yesterdays craziness
(11:55
am) doji :Yesterady was a nightmare for
me, couldn’t trade anything due to connectivy
delas
(11:56 am) JoeyTSA :i remember you
posting that,better to not trade than
gamble
(11:58 am) doji :The worse
scenario could have been me being long and
not able to close my position in a
pullback
(12:02 pm) doji :AGN short
at 104.5
(12:02 pm) Murano :covered 3/4
AGN
(12:02 pm) doji :Long?
(12:02
pm) Murano :stopped last 1/4 AGN
(12:04
pm) doji :Nice Murano, I need to learnt
tnique fhat technique from you
(12:05 pm)
Murano :tyour internet is to slow for that
doji
(12:06 pm) doji :I think
Biotechs move so string when they have a
patent approved
(12:06 pm) doji
:strong
(12:08 pm) Murano :covered 2nd
short AGN
(12:09 pm) doji :Ok so it
was a short, not a long trade correct
murano?
(12:09 pm) Murano :yes
(12:09
pm) doji :Ah ok
(12:09 pm) Murano
:don’t stay long
(12:10 pm) JoeyTSA
:getting ready to call it a day
(12:10 pm)
JoeyTSA :Thanks
Mitch,Murano,Qwert,traders
(12:10 pm)
JoeyTSA :hope you have a great day, see you
all in the morning
(12:33 pm) rd
:See you all tomorrow
(12:49 pm) Murano
:doji, on AGN the rRSI and MACDE on the one
minute at 2:07 central time for the
short
(12:49 pm) Murano :my typing is
terrible
(12:50 pm) Murano :the first
short was on the 30 second chart
AGN
(12:58 pm) Murano :done for the day,
won’t be in tomorrow so see you
Monday
(12:58 pm) Mitch King:see you
Murano, thanks for your ideas
|
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