[06:21 am] Mitch K: hi guys
[06:21 am] Mitch K: the hard drive makers,
seagate and western digital up today.
watching STX for a top to short
[06:22 am] Mitch K: watching AMZN but those
earnings disaster stocks take full attention,
most time not worth it for me because i can
trade other 4-5 other ideas more reliably
during that wait time
[06:23 am] Kris : good morning traders
[06:30 am] Kris : MPC long
[06:31 am] Kris : AMZN long half
[06:31 am] Kris : CLNE long half
[06:32 am] Kris : watching CHRW for a long
[06:32 am] Mitch K: watching AZPN for top to
short
[06:32 am] Mitch K: watching MDVN to short on
bounce, maybe some at 64 but most above 64
[06:33 am] Kris : BRCM long half
[06:33 am] Kris : never mind, don’t chase it
this far, wait for a pullback
[06:33 am] Kris : SWN short half
[06:33 am] Mitch K: watching FOSL for top to
short
[06:34 am] Kris : out half CLNE long
[06:34 am] Kris : watching NFLX for a long,
support at 117.75
[06:35 am] Kris : COST for a long on a
pullback
[06:35 am] Kris : PPO long half
[06:35 am] Mitch K: higher high on PPO
bounce
[06:35 am] Mitch K: watching CYT for top to
short
[06:35 am] Mitch K: watching LNKD for top
[06:36 am] Kris : DNDN long half
[06:36 am] Mitch K: watching for bottom to
buy on WPRT
[06:37 am] Kris : AMZN getting flush, still
like it long once it finds a base, support
170.00 area
[06:37 am] Mitch K: watching MAN for top to
short
[06:38 am] Mitch K: consider covering half of
LNKD if short
[06:38 am] Mitch K: consider covering most of
CYT, if short, watch for 2nd helping short
later
[06:39 am] Kris : watching RENN for a long
[06:39 am] Mitch K: consider covering 1/3rd
of AZPN if short
[06:39 am] Mitch K: watching BSFT for bottom
to buy
[06:39 am] Mitch K: watching TROW to short
[06:40 am] Kris : NFLX support 117.75
[06:40 am] Kris : out half PPO long
[06:41 am] Kris : looking for a new hod in
CLNE, holding up against the market
[06:41 am] Kris : VRX running
[06:41 am] Mitch K: watching VRX for top to
short
[06:42 am] Kris : SPY coming into support,
see if she cares
[06:42 am] Mitch K: covering LNKD
[06:42 am] Mitch K: watching AFL for bottom
to buy
[06:43 am] Kris : out half MPC long
[06:43 am] Kris : watching AKAM for a long
[06:43 am] Mitch K: consider covering another
1/3rd of CYT short
[06:43 am] Mitch K: FLS toppy for short
[06:43 am] Mitch K: watching MDVN for short
soon
[06:44 am] Brent : watching WPRT for a
bounce
[06:44 am] Mitch K: consider covering half of
FOSL short
[06:45 am] Kris : will watch MMC for a
pullback to take long
[06:45 am] Mitch K: watching WPRT closer
[06:46 am] Kris : looking for new hod in DNDN
long
[06:46 am] Kris : MPC upgrade
[06:46 am] Kris : out another 1/4 MPC long
[06:46 am] Mitch K: consider selling LQDT if
long
[06:46 am] Mitch K: MAN toppy
[06:47 am] Mitch K: BSFT bounce a dud
[06:47 am] Mitch K: consider covering half of
TROW
[06:47 am] Mitch K: FLS toppy
[06:48 am] Kris : SPY bounce yet to
convince
[06:49 am] Kris : WLL buyout rumor
[06:49 am] Mitch K: VRX toppy
[06:50 am] Kris : watching MYL for a short
[06:50 am] Mitch K: buyout chatter on WLL,
watching for top to short
[06:51 am] Kris : MYL resistance 21.80
area
[06:51 am] Mitch K: or at least go in stages,
as always with bo rumors
[06:51 am] Mitch K: take more time on WLL,
let it run up more than most bounces with
that bo rumor
[06:52 am] Kris : GRPN long half
[06:54 am] Kris : 5 minutes economic
reports
[06:54 am] Kris : mind your positions
[06:55 am] Kris : out half GRPN long
[06:57 am] Mitch K: consider closing FSLR if
long
[06:58 am] Kris : out another 1/4 GRPN
long
[06:58 am] Mitch K: WLL toppy
[07:00 am] Kris : oil numbers in 30
minutes
[07:00 am] Kris : SPY testing hod[07:00 am]
Mitch K: watch CYT for 2nd helping short
above 57
[07:02 am] Mitch K: watching HUM for top soon
to short
[07:05 am] Kris : AVP buyout rumor
[07:05 am] Mitch K: AVP chatter bo rumor
[07:05 am] Mitch K: GRPN toppy
[07:06 am] Mitch K: done with FLS short
[07:06 am] Mitch K: monitoring CRZO drop but
needs bigger drop
[07:06 am] Mitch K: watching DLB for top to
short
[07:07 am] Mitch K: another healthcare
moving, watching WLP for top to short,
soon
[07:08 am] Mitch K: watching AET for top,
turning now
[07:09 am] Mitch K: watching JNPR, no
hurry
[07:12 am] Mitch K: consider covering most of
GRPN short
[07:19 am] Mitch K: CYT 2nd helping short
soon
[07:26 am] Mitch K: don’t like the VRX short,
closing
[07:43 am] Kris : SPY holding up at support,
looking for another test of the hod[07:44 am]
Kris : thanks rusty, XCO ALERT
[07:46 am] Kris : MYL making another move
[07:53 am] Kris : MCP lower highs building
over support, looking for a break to new lod
to short into
[07:54 am] Mitch K: watching KBH spike
[08:00 am] Brent : SPY testing hod[08:00 am]
Mitch K: closing WLL short
[08:04 am] Mitch K: watching CVLT for top
[08:11 am] Mitch K: watching IDCC
[08:38 am] Mitch K: consider covering IDCC if
short
[08:39 am] Mitch K: watching LQDT
[09:13 am] Mitch K: consider covering RKT if
short
[10:06 am] Brent : SPY testing hod[11:04 am]
Brent : ISTA spike
[11:31 am] Kris : watch DECK for a short
tomorrow under 70.50
[11:33 am] Kris : just a second, my charts
are whack.
[11:33 am] Kris : of course not starling
[11:34 am] Kris : it’s not DECK, just a
second spastics
[11:36 am] Kris : not DECK
[11:36 am] Kris : sorry guys, I was talking
about SM
[11:37 am] Kris : look to enter around
70.44
[11:37 am] Kris : set an alert around
70.70
[11:37 am] Kris : the setup is SM under
70.50
[11:40 am] Kris : I won’t short DECK until it
breaks below 80.00 from here. Right now it’s
consolidating for another move higher
[11:41 am] Kris : SPY is staying strong, not
much of a correction the past 5 sessions.
More like it’s catching its breath for a new
high and test into 135.00
[11:42 am] Kris : we had a lot of stocks
today that broke out and stayed strong
[11:43 am] Kris : we might see that again
tomorrow. 133.50 SPY is resistance area.
[12:03 pm] Kris : just caught a piece of the
news
[12:03 pm] Kris : lost court ruling about
cigarette papers
[12:03 pm] Kris : SWM has news
[12:04 pm] Kris : support at 59.60
[12:10 pm] Kris : CLGX ALERT
[12:10 pm] Kris : CLGX NEWS
[12:11 pm] Kris : advanced trade
[12:11 pm] Kris : she trades a little thin so
be careful if you try to take this
[12:21 pm] Kris : SWM davenport defending
|
[06:16 am] starling : Any news on SHLD? It
jumps up nearly 6% premarket.
[06:16 am] joeytsa : ADP came in lower than
expected, ISM #’s @7am pst, crude @
7:30pst
[06:17 am] khall : yes, ADP lower, but
market up a bit
[06:18 am] joeytsa : yeah khall and AMZN
down
[06:18 am] joeytsa : Facebook IPO will save
the world 🙂
[06:19 am] joeytsa : lots of stocks making
some nice moves pre-market
[06:19 am] joeytsa : Facebook=Big
Brother??
[06:19 am] khall : Google is little brother
with new privacy policy
[06:20 am] joeytsa : a few that should move
today: AMZN,MDVN,WPRT,STX,WHR,FTNT
[06:21 am] joeytsa : overnight range of
1304-1320 on the ES
[06:22 am] starling : It is strange. CIT
will stop loans to Sears’ suppliers but SHLD
jumps up nearly 6%
[06:22 am] joeytsa : STX had a great
earnings release
[06:22 am] joeytsa : starling: news doesn’t
always make sense
[06:24 am] joeytsa : AMZN has a nice gap to
fill, if it decides to
[06:25 am] richard : stx[06:25 am] joeytsa
: also watching to see if PPO has any
follow-thru
[06:28 am] lightning : someone is selling
STX
[06:28 am] joeytsa : let’s see if the market
can take out and hold 1320 once and for
all
[06:28 am] joeytsa : yeah lightning..should
get a decent up move at some point
today…nice forward outlook
[06:29 am] joeytsa : sales up 19%, also
beath 3,4Q estimates
[06:30 am] joeytsa : keep eye on KSU also
[06:31 am] joeytsa : MDVN coming in a
bit..watch[06:32 am] lightning : go
MDVN….I shorted at 64.94.
[06:33 am] skydiver : nice light
[06:33 am] lightning : closing it out for
now here
[06:33 am] joeytsa : nice lightning
[06:34 am] joeytsa : NFLX ugly
[06:35 am] joeytsa : beauty pullback WPRT
[06:35 am] joeytsa : closed gap nicely
[06:37 am] joeytsa : AMZN still trying to
find a bottom
[06:39 am] joeytsa : eye on BRCM, MDVN
[06:40 am] joeytsa : AMZN trying here
[06:42 am] apple : AMZN recovering nicely
[06:42 am] joeytsa : WPRT just giving it
away
[06:42 am] doji : STX running
[06:43 am] skydiver : covered 1/2 MCP S
31.81 – 31.33
[06:43 am] doji : NFLX reversing
[06:44 am] doji : Watching FSLR… may lose
42
[06:44 am] joeytsa : out MDVN
[06:44 am] joeytsa : MNST looks weak
[06:45 am] joeytsa : thanks closed MDVN,WPRT
to go into MNST…looks like it might find
support though
[06:46 am] skydiver : all out of MCP
[06:47 am] apple : nice reversal on AMZN
[06:47 am] joeytsa : AMZN issues at $176
[06:48 am] apple : lots of resistance
there
[06:48 am] mhaus : NFLX kissing, I mean
lobbying, Congress butt. Asks Congress to
amend video legislation.
[06:49 am] skydiver : got out of MCP to
early
[06:49 am] joeytsa : funny mhaus[06:50 am]
doji : out half FSLR
[06:50 am] doji : out half SLB
[06:51 am] joeytsa : MDVN might try for
higher
[06:51 am] apple : nice turnaround on FSLR
doji[06:51 am] joeytsa : scratch that for
now
[06:54 am] joeytsa : i think 3 of them
Kris
[06:58 am] doji : Closed
[06:58 am] doji : FSLR
[06:58 am] doji : closing SLB also
[07:00 am] joeytsa : ISM 54.1
[07:00 am] sunset : akam bouncing back
[07:01 am] joeytsa : construction up 1.5%
[07:01 am] khall : AMR cutting 10-15k
jobs
[07:01 am] joeytsa : AMR to cut 10-15k
jobs
[07:02 am] joeytsa : euro-zone PMI rose to
48.8 form 46.9 in dec, Germany hit 6month
high of 51
[07:03 am] apple : AMZN pushed past 176 and
still climbing
[07:03 am] joeytsa : yeah only $18 from gap
close 🙂
[07:04 am] joeytsa : weekly option? 🙂
[07:04 am] apple : sounds good
[07:07 am] joeytsa : BIDU tumbling
[07:08 am] apple : pretty quick
[07:09 am] joeytsa : AAPL stair stepping
down also
[07:09 am] joeytsa : CF cons for new
high??
[07:10 am] doji : Market very “scrong”
today…
[07:10 am] joeytsa : if so might get $2 move
potential
[07:10 am] joeytsa : wish indis were lower
though
[07:10 am] rusty : LQDT radar
[07:11 am] joeytsa : GS had a nice run
[07:11 am] joeytsa : watch stop if long
PPO
[07:13 am] joeytsa : WPRT might be toppy?
[07:13 am] joeytsa : might not be enough $$
in it though
[07:15 am] skydiver : CYT – getting
toppy?
[07:15 am] joeytsa : i have about a 2:1
potential
[07:16 am] rusty : BVSN hod[07:17 am]
joeytsa : trail stop on WPRT if in
[07:19 am] joeytsa : closed WPRT
[07:20 am] skydiver : watching CYT
[07:21 am] rusty : nice work on WPRT joey
[07:21 am] skydiver : yes joey – I almost
jumped in WPRT – but good job joey
[07:21 am] joeytsa : WYNN possibly coiling
for a move
[07:22 am] joeytsa : thanks sky..not my best
trade timing wise…up move on market threw
me off
[07:22 am] apple : TROW hod[07:23 am]
joeytsa : also left 30+cents on the table
[07:23 am] apple : it’s okay joey
[07:24 am] joeytsa : NFLX sitting on prev
cl
[07:24 am] skydiver : no problem joey — you
still made $$ – but I always review my trades
to improve 🙂
[07:24 am] joeytsa : smart to do sky…i
need to get back into that, my discipline
needs to get refocused
[07:26 am] joeytsa : CYT just nice
[07:26 am] doji : Are you long in CYT
Joey?
[07:27 am] joeytsa : i was in really quick
doji[07:28 am] joeytsa : looks like i should
have stayed in haha[07:29 am] joeytsa :
lower highs on NFLX…looking for a break
below prev cl
[07:29 am] doji : I missed it when it broke
previous high
[07:29 am] doji : It could have been a
$1/share gain on the long side
[07:30 am] joeytsa : doji: i missed when it
signaled long just over $55
[07:30 am] doji : Wow… CL dropping hard
[07:30 am] joeytsa : might give a trade
again
[07:31 am] joeytsa : yeah crude inv up
4M?
[07:31 am] joeytsa : i missed it
[07:31 am] joeytsa : lightning: did you get
that short on crude?
[07:32 am] lightning : I was short CL but
had a target of just 15 ticks. Happy to take
it though.
[07:32 am] joeytsa : crude 4.2M
[07:32 am] joeytsa : give me 15ticks all day
long 🙂
[07:32 am] doji : All speculation….
[07:32 am] joeytsa : you use minute charts
though right?
[07:33 am] lightning : depending on the set
up, my targets are either 15 or 20 ticks, so
I’m happy with that all the time. Yes, 1
minute
[07:33 am] skydiver : CYT coming down
nicely
[07:33 am] joeytsa : right, thought so…i
use the 150tick for some reason
[07:34 am] joeytsa : eye on JLL from
yesterday also..may not do anything though
[07:35 am] skydiver : all out of CYT S
[07:35 am] doji : Closing my short in CYT
here
[07:35 am] joeytsa : STX..slow steady up
[07:36 am] apple : good run on STX
[07:37 am] qwert : thx for cyt awesome
[07:37 am] skydiver : I think Mitch called
it qwert – good job
[07:39 am] joeytsa : PPO testing pivot
[07:39 am] joeytsa : repeat player from
yesterday
[07:40 am] joeytsa : WPRT wants lower
[07:40 am] thomasohana : XCO
[07:41 am] joeytsa : cmon NFLX die
[07:43 am] joeytsa : trailing NFLX down
[07:43 am] rusty : XCO alert
[07:44 am] joeytsa : it touched me out
[07:47 am] skydiver : CRM climbing
[07:48 am] Mitch K: nice one rusty on XCO
[07:48 am] Mitch K: now go find 3 more
[07:48 am] apple : it was thomas[07:48 am]
qwert : thx rusty and thomas for xco[07:48
am] thomasohana : np guys it was trade ideas
lol[07:49 am] joeytsa : good trading
there
[07:52 am] rusty : GES radar
[07:52 am] thomasohana : KBH
[07:56 am] lightning : CECO starting to fill
the gap on the daily (from Nov 2)
[07:57 am] lightning : MDVN on an up tear
again
[08:01 am] carl : stx seems to have a steady
rise similar to PPO’s decline yesterday
[08:05 am] doji : MCP
[08:05 am] rusty : TV radar
[08:09 am] scalpman : HSC
[08:09 am] apple : STX moving down
[08:10 am] joeytsa : AMZN hod[08:11 am]
joeytsa : IDCC radar
[08:11 am] apple : thx for IDCC
[08:12 am] scalpman : GGC spike
[08:13 am] rusty : SODA un pop
[08:13 am] rusty : lod[08:14 am] lightning
: MDVN toppy for the brave
[08:14 am] rusty : is it toppy for the weak
too?
[08:15 am] lightning : lol, I guess it’s
toppy for everyone
[08:15 am] rusty : so many things to think
about
[08:16 am] rusty : DLTR lod[08:17 am]
joeytsa : BIDU trying to hold a
multi-bottom
[08:17 am] joeytsa : $126.50 watch area
[08:18 am] skydiver : lol – Here I am
packing up my gear at this hotel and trading
same time – covering 1/2 STX 25.59
[08:19 am] skydiver : moving stop down –
tight stop
[08:19 am] apple : i saw that joey a little
earlier, too bad
[08:19 am] shark : CMG pop
[08:19 am] shark : BIIB pop
[08:20 am] shark : CMG earnings after the
bell today!
[08:20 am] joeytsa : see if MDVN can shoot
higher
[08:21 am] lightning : out some CECO long
here
[08:22 am] apple : nice drop on CMG
[08:22 am] joeytsa : CMG still amazes me
with that low volume
[08:23 am] shark : BIIB moving higher
[08:24 am] joeytsa : DECk quick pop
[08:24 am] lightning : out a little more
CECO long. Trailing the final 1/3.
[08:24 am] joeytsa : slow&steady one
lightning
[08:25 am] shark : LULU close to all time
high re-test
[08:25 am] shark : AGQ nice today!!!
[08:26 am] observer : nice spike on IDCC
[08:26 am] shark : big $$$ today
[08:28 am] joeytsa : tighten IDCC here
[08:28 am] joeytsa : expecting more upside
later?
[08:29 am] joeytsa : any big move is nice
[08:29 am] rusty : most traders are
brainwashed that up is nice. That’s why 90%
fail.
[08:29 am] apple : i thought it was very
clever and true
[08:30 am] joeytsa : 95% of people are only
told when to buy, never told to sell
[08:30 am] rusty : it’s just a general
comment on the psychology of trading
[08:30 am] apple : i thought it was very
insightful
[08:30 am] rusty : I have had my “nicest”
days when the market is down 500
[08:31 am] apple : see, it is in the eye of
the beholder
[08:31 am] rusty : e.g. flash crash day
[08:31 am] joeytsa : got out of IDCC just in
time
[08:31 am] observer : you’ve got it apple
[08:31 am] shark : redact =AGQ up4.42%,
continued strength in stock seen
[08:31 am] rusty : “nice” to a trader should
be big swings up and down, volatile
[08:31 am] joeytsa : watching CYT again
[08:31 am] shark : agreed, rusty!
[08:31 am] thomasohana : WHR
[08:31 am] apple : we like those, rusty
[08:32 am] shark : LULU nearing all time
high
[08:32 am] shark : continued strength in
stock seen
[08:33 am] shark : bigger than average
vol[08:33 am] joeytsa : LULU looks good off
of that daily consol near 52wkhigh
[08:33 am] apple : there she goes…
[08:33 am] joeytsa : alltime high i meant
[08:34 am] lightning : covered 1/2 MDVN
short here
[08:35 am] joeytsa : DECK up $2 since
pushing thru prev high
[08:36 am] shark : CROX up 5% too
[08:36 am] apple : WHR still moving
[08:36 am] shark : stayed on 21min all but
1x
[08:37 am] shark : LULU consolidating
[08:37 am] shark : anyone know the symbol
for 3x silver bear?
[08:37 am] rusty : ZSL
[08:37 am] mhaus : ZSL
[08:37 am] shark : 🙂 thx guys
[08:37 am] lightning : stopped out last 1/2
MDVN short
[08:39 am] rusty : AMLN radar
[08:41 am] joeytsa : CYT cracked
[08:41 am] joeytsa : needs to hold this $56
area
[08:41 am] apple : WHR moving down
[08:41 am] doji : STX L
[08:43 am] rusty : started small short in
AMLN
[08:44 am] joeytsa : $56 held on CYT, but i
don’t trust it yet
[08:45 am] shark : BIIB continuing
uptrend
[08:45 am] joeytsa : was just about to post
my mistake on missing that shark
[08:45 am] shark : yeah joey,but “price is
truth”
[08:45 am] joeytsa : did you see how it
hugged that prev high?
[08:46 am] joeytsa : remember i asked you
yesterday about those…trying to find an
early tell on the breakout?
[08:46 am] shark : yes
[08:46 am] joeytsa : well study that chart
and get to work on it haha[08:46 am] shark
: NFLX hod breakout
[08:47 am] shark : not enough history to
confirm =don’t trust it
[08:48 am] rusty : anyone short PPO from
yesterday?
[08:48 am] shark : I’m long BIIB from today,
rusty
[08:48 am] joeytsa : no rusty..nice moves up
‘down today though
[08:49 am] shark : doing a round trip
here
[08:49 am] rusty : very
[08:49 am] apple : are you talking about
CYT
[08:49 am] joeytsa : my guess is anyone who
held the short, may have been stopped out
[08:49 am] shark : LULU pushing back to all
time high resistance
[08:49 am] joeytsa : on PPO
[08:50 am] shark : roundtrip PPO today
[08:50 am] rusty : just pointing out trading
psychology again..many here were short PPO
yesterday and wondering if it would hit the
analysts 26 price target
[08:50 am] rusty : today few if any
mentions
[08:50 am] shark : LULU all time new
high!!!
[08:50 am] joeytsa : LULU: close and hold
above $65 may set up a nice swing
[08:51 am] joeytsa : i mentioned PPO
earlier…always good to keep yesterday’s
movers in mind
[08:51 am] joeytsa : Mitch mentioned that
awhile back
[08:52 am] lisas : shark, you long lulu or
options?
[08:52 am] shark : AAPL on a holiday break
today
[08:53 am] joeytsa : LXK moved yesterday,
decent move today..not typically what i call
a “daytrading stock”
[08:54 am] rusty : Jefferies raises PT on
$MDVN from $62 to $95.
[08:54 am] joeytsa : BIIB little push thru
cons
[08:54 am] shark : BIIB
[08:55 am] shark : BIIB ALERT
[08:55 am] rusty : SINA radar
[08:57 am] joeytsa : quick 50cents on
BIIB
[08:57 am] joeytsa : watching MDVN for
potential new high
[08:58 am] mhaus : TUP
[08:58 am] shark : slow $3.23 BIIB
[08:58 am] joeytsa : TUP nice drop
[08:59 am] joeytsa : shark: you have been on
BIIB for a bit now..great trading
[08:59 am] shark : thx, joey! team work.
[09:00 am] shark : LULU consolidating
[09:00 am] joeytsa : missed the 1st 3 buy
signals, caught that 4th one though
[09:00 am] joeytsa : yeah LULU on lower vol
also
[09:00 am] thomasohana : TRIP
[09:04 am] joeytsa : stopped be on MDVN..oh
well
[09:05 am] scalpman : Brent: Usually TSA
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