(05:20 am) JoeyTSA :levels /ES 2037-2047; /NQ
4210-4227; /CL 46.75-47.25
(05:56 am) JoeyTSA :gap up : FMI, TKMR, NPSP,
BMY
(05:56 am) JoeyTSA :gap down: SNDK, TIF,
TSLA
(06:22 am) Mitch King:watching FMI, TKMR,
AGEN, BMY, LULU, SNDK, MU, TIF
(06:30 am) Mitch King:monitoring CELG
(06:31 am) Mitch King:watching BITA for
bottom
(06:31 am) Mitch King:TIF worth watching
(06:31 am) Mitch King:steep drop in SNDK,
watching for bottom
(06:32 am) Mitch King:watching HALO again
(06:33 am) Mitch King:watching DNKN for top
(06:33 am) Mitch King:CL 2-15 revistiing low
of day
(06:34 am) Mitch King:ES at low of day
(06:34 am) Mitch King:monitoring CMRX
(06:34 am) Mitch King:watching HOLX for
short
(06:34 am) Mitch King:watching AGN
(06:35 am) JoeyTSA :/NQ to test 4200?
(06:35 am) Mitch King:watchign HCLP for
bottom, micro long
(06:36 am) Mitch King:watching VMW is moving
up, trending up possible on daily chart
(06:37 am) Mitch King:moreupside for SNDK, 87
profit target
(06:37 am) Mitch King:NQ catching up to the
ES drop, approaching its low of day of
premarket
(06:37 am) Mitch King:UVXY, volatility
bullish etf worth watching
(06:38 am) Mitch King:watching HCA drop, more
downside likely
(06:38 am) Mitch King:SVXY is opposite
volatility index, bear, than UVXY
(06:39 am) Mitch King:46.35 new low in CL
(06:41 am) Mitch King:TKMR bounce after dip
worked could drop again
(06:41 am) Mitch King:AGN, low priced stock
worth watching
(06:42 am) JoeyTSA :BITA just gettig
hammered
(06:42 am) Mitch King:don’t try to buy bottom
of ES or NQ on this drop because it is
correcting after the two big up days last
week, too dangerous to pick bottoms in
indexes
(06:43 am) Mitch King:watching HOLX for
possible short again,
(06:44 am) Mitch King:reduce some BITA if
long
(06:44 am) Mitch King:watching DG, Dollar
General for bottom
(06:45 am) Mitch King:watching FEYE for short
i meant
(06:45 am) Mitch King:watching FEYE, over 34
(06:45 am) Mitch King:monitoring DVN
(06:46 am) Mitch King:same with UHS dumping
(06:46 am) Mitch King:watching CYH for
bottom, healthcare dumping today
(06:46 am) Mitch King:possible microshort on
TWTR, low priority though
(06:47 am) Mitch King:ES new low here, same
with NQ
(06:47 am) Mitch King:GBX worth monitoring
(06:48 am) Mitch King:new low on CL again
(06:48 am) Mitch King:UVXY retests high, that
means volatility of falling stocks resurging
(06:49 am) Mitch King:large cap popular
stocks all should be watched for a bottom;
AAPL, AMZN, LNKD, etc
(06:49 am) Mitch King:BITA should run into
ressitance above 82
(06:50 am) Mitch King:new low of day on AAPL
(06:52 am) Mitch King:SNDK should bounve
higher as indexes turn up
(06:52 am) Mitch King:low priced stock worth
watching ARWR to see if there is a bounce off
6.50 again
(06:54 am) Mitch King:watching TSLA for
bounce off $200
(06:54 am) Mitch King:watching SYNA, missed
bottom, never saw it til now
(06:56 am) Mitch King:new lows on indexes
again
(06:56 am) Mitch King:wathcing low priced
stock SRPT
(06:57 am) Mitch King:watching ACOR, active
(06:57 am) Mitch King:headlines that big
banks may be hurt by drop in oil price also
adding to selling in mkt
(06:58 am) Mitch King:AMZN would be really
interesting at $285 level
(07:01 am) Mitch King:SNDK gaining momentum,
89 possible
(07:01 am) Mitch King:$46.11 low on CL 2-15
(07:05 am) Mitch King:URI worth watching,
late to see
(07:08 am) Mitch King:INTC making higher
highs, i use this as indicator of what market
is doing
(07:37 am) Mitch King:SCO trending up, in a
down market means to me more upside
(07:41 am) Mitch King:ARWR good still giving
good trades
(07:42 am) Mitch King:JNUG worth watching
(07:51 am) Mitch King:watchign AAL for
microshort
(08:49 am) Mitch King:expecting indexes to
move down toward low again next few hours
(08:49 am) Mitch King:another short with AAL
here, small profit, maybe 30-40 cents
(09:18 am) Mitch King:i would look for
further downside for short on FMI
(09:18 am) Mitch King:FMI new low of day
(09:20 am) Mitch King:BITA worth watching for
long entry, looks like bottoming process now
(10:00 am) Mitch King:new low on ESRX, more
downside likely
(11:41 am) Mitch King:ES and NQ at low of
day, could bounce a little
(12:30 pm) Mitch King:alert
(12:30 pm) Mitch King:NSI akert
(12:33 pm) Mitch King:new high on TKMR
| (05:40 am) Qwert :Good morning Joey, Doji
(05:50 am) akram :Goodmorning Joey, qwert,
doji
(05:54 am) JoeyTSA :good morning
Qwert,akram,doji
(06:00 am) skydiver :gm all
(06:03 am) skydiver :FMI – Foundation
Medicine up 100.6% following transaction with
Roche :theflyonthewall.com
(06:04 am) skydiver :TKMR – Tekmira, OnCore
Biopharma announce merger agreement
(06:05 am) toby1115 :gm all
(06:05 am) skydiver :NPSP – After Shire
(SHPG) agreed to buy NPS Pharmaceuticals
(NPSP), RBC Capital says the valuation of NPS
was “high but reasonable.” The firm says NPS
should be an important contributor to Shire’s
growth. It keeps a Sector Perform rating on
Shire. :theflyonthewall.com
(06:05 am) skydiver :thnx for gappers joey
(06:12 am) skydiver :monitoring SNDK drop
(06:16 am) doji :Good morning fellas!.
(06:17 am) klas :Good Morning
(06:18 am) Mitch King:you guys see CL hit
46.50?
(06:22 am) taco :gm all
(06:23 am) Mitch King:1 Jan 21:55 [FMI]
Roche to purchase 56.3% stake in Foundation
Medicine at $50/shr (108% premium to closing
price, total $1.03B); enters over $150M
Strategic Collaboration with Roche in the
Field of Molecular Information in Oncology –
Roche to acquire a majority interest in
Foundation Medicine of up to 56.3% on a fully
diluted basis through a tender and
acquisition of newly issued shares. Roche
will tender for approximately 15.6 million
Foundation Medicine – Source
TradeTheNews.com
(06:30 am) Mitch King:this FMI stock in
premarket is all over the place, good trades
(06:39 am) JoeyTSA :big drop on indicies
(06:45 am) akram :TWTR
(06:48 am) JoeyTSA :wild start to the
session
(06:48 am) Mitch King:yeah, gotta love this
type of market
(06:48 am) JoeyTSA :nice bounce on BITA
(06:51 am) JoeyTSA :/ES testing 2020 area
(06:51 am) Mitch King:i think this Goldman
Sachs analyst influencing market, “expecting
pullback in 4-6 weeks” he must have read my
report
(06:59 am) JoeyTSA :amazing how FMI deal was
t $50/share..gapped up to abou $64 and pulled
all theway back t $50
(06:59 am) Mitch King:i saw that,
(07:00 am) JoeyTSA :something to always keep
an eye on next time there is news like that
(07:00 am) Mitch King:yeah, i didnt wake up
early enough to study
(07:00 am) JoeyTSA :and you see a large
overshoot on a gap
(07:01 am) Mitch King:$24 to 65 back to 50
(07:01 am) Mitch King:but its premarket
opening holding so far
(07:01 am) Mitch King:on FMI
(07:02 am) JoeyTSA :/ES trying to hold 2017
now
(07:02 am) Mitch King:looks like buying ES is
like catching falling spinning knife
(07:02 am) Mitch King:2000 would be
interesting though for long
(07:03 am) Mitch King:or that 1960 we saw few
weeks ago, woudl take a few days
(07:07 am) skydiver :so far stuck in TSLA
long trade – would love TSLA to bounce
(07:08 am) skydiver :3/4 out of TSLA long
(07:09 am) skydiver :INTC as an inidicator?
ok = thanks 🙂
(07:10 am) JoeyTSA :early break, back in
about 30…great calls
(07:11 am) skydiver :take care joey —
(07:11 am) skydiver :all out of TSLA long
(07:23 am) Qwert :TSLA at 300
(07:23 am) Qwert :200
(07:24 am) skydiver :Yeah qwert – I should
have shorted after I got out of TSLA long –
made a few dollars
(07:24 am) skydiver :waching for a long o
TSL again
(07:26 am) skydiver :monitoring SAP
(07:32 am) skydiver :SAP short working so
far . . . covering 3/4 here however
(07:33 am) skydiver :all out of SAP short
(07:37 am) Mitch King:CL 2-15 low under $46
(07:38 am) doji :SCO is the ultra short
crude oil Mitch….
(07:38 am) Mitch King:oh ok, thx
(07:38 am) Qwert :I read something that a lot
of retail traders betting that oil has
bottomed
(07:39 am) Mitch King:i think lot of this is
now psychological, not as much supply and
demand at this point
(07:40 am) Qwert :when i read something like
that it makes me think we go lower before we
go higher
(07:41 am) Mitch King:retail traders are not
powerful in oil anymore
(07:54 am) skydiver :Thanks for great calls
. . . see you all tomorrow 🙂 keep making
$$$ 🙂
(09:47 am) klas :Watching TIF
(09:48 am) Mitch King:yeah i read the news on
TIF was disappointing 4th quarter christmas
sales. this type of chart is typical for
earnings disaster,,
(10:03 am) Mitch King:URI sure getting hit
hard last 6 days
(10:49 am) skydiver :back on for a bit –
BITA nice bounce
(10:52 am) Mitch King:i’d look for 77-78 as
possible target for BITA to hit
(10:53 am) skydiver :thnx Mitch
(10:54 am) skydiver :just noticed BMRN too –
moved up
(10:56 am) Mitch King:good eye sky
(10:57 am) Mitch King:you guys all done with
the AAL short right?
(10:58 am) Mitch King:10:45 [BMRN] Provides
Preliminary Data From Ongoing Phase 1/2
Pivotal Study of BMN 190 for Treatment of
CLN2 Disorder – Announced interim results
from its Phase 1/2 pivotal study for BMN 190
or cerliponase alfa, a recombinant human
tripeptidyl peptidase 1 (rhTPP1), to treat of
patients with late infantile CLN2 disease, a
form of Batten disease. Interim data
indicates that in all nine of the BMN 190
patients who have been followed for at least
six months and up to 15 months, the treatment
– Source TradeTheNews.com
(10:58 am) JoeyTSA :thx
(10:58 am) skydiver :thnx Mitch
(11:09 am) skydiver :not sure how much lower
BMRN going but covering 3/4 here
(11:12 am) Mitch King:this time of day thats
good money
(11:13 am) skydiver :covering last 1/4 of
BMRN here
(11:14 am) skydiver :have to take care of
issue in our school . . . be back
(11:32 am) doji :Nice rebound in ILMN
(11:34 am) skydiver :good one doji – ILMN
(11:36 am) skydiver :missed bounce on SNDK
(11:37 am) Mitch King:11:07 [ILMN] Guides Q4
R$512M v $504Me; Guides prelim FY15 adj
$3.12-3.18 v $3.14e, Rev +20% y/y – JP Morgan
healthcare conf comments – Says FY14 prelim
EPS will exceed $2.63-2.65 guidance range (v
$2.64e) – Source TradeTheNews.com
(11:38 am) skydiver :thnx Mitch
(11:38 am) Mitch King:missed ILMN, had vol on
alerts turned off
(11:38 am) Mitch King:thats the kind of trade
i look for this time of day
(11:48 am) skydiver :Have 7 green trades so
far today . . probably quit while ahead 🙂
(11:49 am) JoeyTSA :nice going
(11:49 am) JoeyTSA :im getting ready to call
it a day too
(11:50 am) skydiver :thnx joey
(11:51 am) JoeyTSA :thanks
Mitch,Qwert,everyone..have a great day, see
you tomorrow
(11:52 am) skydiver :take care joey an see
you in the morning 🙂
(11:54 am) Mitch King:see you joey
(11:54 am) Mitch King:im surprised ILMN even
rebounded that much after guiding lower
(11:54 am) Mitch King:actually didnt guide
lower, made a range
(12:17 pm) skydiver :GRMN – small spike up
(12:31 pm) Mitch King:no news on MSI yet
(12:50 pm) Mitch King:see you guys tomorrow,
should have continued volatility
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