[06:23 am] Brent : good morning
[06:24 am]
Ed : good morning
[06:35 am] Mitch K:
watching UBNT for short
[06:35 am] Mitch
K: watching ALXN for top to short
[06:35
am] Mitch K: lloking for short with
CE
[06:35 am] Brent : watching HAL for a
bounce
[06:36 am] Mitch K: watchign SLB
for bottom to buy
[06:37 am] Mitch K:
watching HRS for short
[06:37 am] Mitch K:
watching SWI for top to short
[06:37 am]
Mitch K: watching for short in AL
[06:37
am] Mitch K: watching PLCM for
short
[06:38 am] Mitch K: watching REGN
for top to short
[06:38 am] Mitch K:
watching WAT for top to short
[06:38 am]
Mitch K: watching IPGP for short
[06:39
am] Mitch K: watching PM for top to
short
[06:39 am] Mitch K: watching PETM
for top to short
[06:40 am] Brent :
watching BHI for abounce
[06:40 am] Mitch
K: watching ROST for top to short
[06:41
am] Mitch K: also watching DGS for repeated
trades today, Friday was excellent for this
stock
[06:41 am] Mitch K: watching TIF for
top to short, usually good stock to
trade
]
[06:42 am] Mitch K: watching
WYNN for top to short
[06:42 am] Mitch K:
watching BWLD for top to short soon
[06:42
am] Mitch K: watching PII for top to short,
was strong bull Friday so dont rush into this
short, wait for top
[06:43 am] Mitch K:
watching TSCO for top to short
[06:44 am]
Mitch K: watchign RIG for bounce
[06:44
am] Mitch K: watching VRSK for top to
short
[06:51 am] Mitch K: watching UBNT
for top to short
[06:52 am] Mitch K: PETM
toppy for short
[06:52 am] Mitch K:
watching for entry to short in AWI, prefer
rebound first
[06:55 am] Mitch K: watching
HRC for bottom to buy
[06:57 am] Mitch K:
consider covering half of IPGP here 55
area
[06:57 am] Mitch K: consider covering
PLCM
[07:04 am] Ed : MYGN moving
[07:04
am] Ed : SPY consolidating in tight range,
need a break of this range
[07:07 am]
Mitch K: consider selling RIG 56.30
area
[07:08 am] Mitch K: mistyped earlier,
should have been DGX, not DGS
[07:10 am]
Ed : SPY nice break out of consol.
[07:12
am] Mitch K: watching LNTA for top to
short
[07:12 am] Mitch K: we should have a
bullish week, a lot of window dressing by
mutual fund managers to make their funds look
good end of first quarter
[07:15 am] Mitch
K: watching for short in MYGN
[07:15 am]
Mitch K: watching for long bounce in
GOLD
[07:16 am] Mitch K: consider covering
some of UBNT short around 31.75
[07:16 am]
Mitch K: looking for more bounce in
HRC
[07:18 am] Mitch K: watching EW for
top to short, 2nd helping, missed
first
[07:19 am] Mitch K: strong bull run
this morning
[07:20 am] Mitch K: bull run
probably goot boost from Bernanke
speech
[07:21 am] Ed : SINA,AAPL still
weak
[07:21 am] Mitch K: ok so that could
be interpreted as possible QE3, thats what is
running this market more than
normal
[07:22 am] Mitch K: I was looking
for his speech on Wednesday to give a clue on
QE3, that means quantitative easing
#3
[07:23 am] Brent : watching WYNN,
approaching lod
[07:25 am] Mitch K:
consider covering WYNN short
[07:29 am]
Mitch K: when you get an event like the
Bernanke, plus we have had a dip that people
have been buying into and third factor is
window dressing week, many of the bigger name
stocks that show tops just keep powering up
and not provide decent shorts
[07:33 am]
Mitch K: consider covering most of AWI
short
[07:33 am] Mitch K: Examples:
PM, WAT, LNT, BWLD, TIF, PAY,
[07:47
am] Mitch K: if a stock gave a good short
initially like IPGP did, then you watch for a
2nd helping; almost always gives repeated
trades when it is as good as IPGP was.
FIrst trade was 3% potential profit on short,
2nd one still open another 2%, see what i
mean? worth burning that to memory or
make list to pin up of rules somewhere in
your viewing area.
[08:36 am] Mitch K:
ANEN rumor
[09:13 am] Ed : SPY pulln back
to prev consolidation
[09:15 am] Ed : SOHU
moving
[09:49 am] Mitch K: is it slow
today or is it my perception?
[09:50 am]
Mitch K: all slow
[09:50 am] Mitch K: its
not only stocks but futures,
commodities
[09:50 am] Brent :
lol
[09:50 am] Brent : both
[10:35 am]
Brent : SPY approaching hod
[10:44 am] Ed
: MAPP halted for trade
[10:45 am] Ed :
news pending
[10:51 am] Ed : nice move in
TAST
[11:23 am] Brent : SPY new
hod
[12:05 pm] Ed : SPY new hod
[12:55
pm] Mitch K: later guys, hopefully more
activity tomorrow
[12:59 pm] Ed : have a
great night
[01:00 pm] Brent : have a good
night, see you in the morning
| [06:16 am] mikewd2 -: good morning traders,
hope all had a terrific weekend.
[06:16
am] khall : good morning
[06:16 am]
eddy : hello mitch hello all
[06:16
am] lisas : Morning all
[06:17 am]
joeytsa : Good morning Mitch, all
traders
[06:17 am] jmjr1 : good
morning all
[06:18 am] shailan :
good morning everyone
*** Brent , Welcome
to the TradeStocksAmerica Live Trading
Room
[06:20 am] skydiver : good
morning to all as well.
[06:21 am]
joeytsa : gap up: AMGN,ACOM
[06:21
am] joeytsa : gap down: ALXN
[06:21
am] joeytsa : WLT has been moving
premarket also
[06:22 am] victor51 :
good Morning all
[06:22 am] joeytsa
: BIDU,WYNN also up
[06:22 am]
joeytsa : gm Brent
[06:23 am]
doji : Good morning fellas… at the
hotel in Houston, just arrived an hour
ago!
[06:23 am] mikewd2 -: welcome back to
texas doji
[06:23 am] qwert : good
morning everybody :))
[06:23 am]
joeytsa : Bernanke not sur eif good job
trend will last
[06:24 am] skydiver
: gm brent
[06:24 am] eddy : hello
brent
[06:24 am] eddy : hello
Ed
[06:24 am] skydiver : gm
Ed
[06:24 am] doji : Thanks
Mike!
[06:24 am] doji : Hi Brent,
Ed
[06:25 am] joeytsa : gm
Ed
[06:25 am] garyb : Good morning
everyone!!!!! 🙂
[06:25 am]
skydiver : gm gary
[06:26 am]
garyb : Hi Sky!
[06:26 am]
joeytsa : VIX @ 14.82, ES in a
2pt range past hour or so,
1402-1404
[06:27 am] doji :
Garyyyyyyy…. Joeyyyyyy
[06:27 am]
khall : thnx joey
[06:27 am]
joeytsa : 🙂
[06:27 am]
joeytsa : no prob khall
[06:27 am]
joeytsa : crude near $107, home
sale # @ 7am pst
[06:28 am] joeytsa
: its the pending home sales m/m
[06:28
am] joeytsa : cnbc rocking Queensryche
again..love it 🙂
[06:29 am]
garyb : DOJIIIII!!!!
[06:30 am]
mikewd2 -: stay focused
[06:30 am]
doji : Hey Gary, we are closer now… I
am in Houstonb
[06:30 am] doji :
Time to rock
[06:30 am] joeytsa :
keeping an eye on AMZN..might want to test
$200
[06:30 am] mikewd2 -: BVSN
[06:30
am] joeytsa : WLT moving up, trail if
long
[06:32 am] joeytsa : CRM
pulling back
[06:32 am] skydiver :
CRM S – covering 3/4 short
[06:32 am]
garyb : Great Doji! Come up North
to visit me!
[06:33 am] skydiver :
all out of CRM S
[06:34 am] joeytsa
: BIDU, climbing off the bottom
[06:38 am]
joeytsa : NFLX coming into prev
cl
[06:38 am] joeytsa : ULTA cons
above support
[06:38 am] joeytsa :
CMI testing $124
[06:39 am] joeytsa
: BIDU cons near $147
[06:40 am]
joeytsa : tighten stop if long
CRM
[06:40 am] doji : PII
moving
[06:40 am] joeytsa : nice
doji
[06:40 am] joeytsa : LNKD to
test $101
[06:41 am] mikewd2 -:
RIG
[06:41 am] doji : ROST 52-week
high
[06:41 am] joeytsa :
ROST
[06:41 am] joeytsa : LVS moving
also
[06:44 am] doji : NFLX lost
120
[06:47 am] shark : a lot of
Mitch’s stocks consolidating here
[06:48
am] joeytsa : doji, NFLX tricky
here
[06:48 am] joeytsa : ROST looks
like it wants higher
[06:48 am] doji
: YEap
[06:48 am] joeytsa : BIDU
still cons here
[06:49 am] joeytsa :
NKE has room to run if it holds
here
[06:50 am] joeytsa : CHKP, slow
mover but nice chart 1min
[06:50 am]
joeytsa : GOOG falling apart
[06:52
am] skydiver : CRM bounced off of
VWAP
[06:52 am] joeytsa : shark:
BIIB testing $123
[06:52 am] shark :
nice 1min chart
[06:52 am] mikewd2 -: AWI
providing large special dividend
8.50
[06:52 am] mikewd2 -: ish
[06:53
am] shark : LNKD consolidating at 21min
ma
[06:54 am] shark : PCLN new
hod
[06:54 am] joeytsa : watching
NFLX, testing prev hi
[06:55 am]
skydiver : SINA dropping
[06:55 am]
mikewd2 -: FSLR vol spike
[06:55 am]
joeytsa : thx sky, testing prev
lo
[06:55 am] doji : Watching NFLX
for S
[06:56 am] shark : KORS near
be
[06:58 am] shark : INVN
consolidating, nice pop from Fri
[06:58
am] shark : vol drying up
[06:59 am]
joeytsa : there goes AMZN
[06:59 am]
shark : PCLN too
[06:59 am]
skydiver : Homes sales data coming in
soon
[06:59 am] shark : up
$11
[06:59 am] shark : thx,
sky
[07:00 am] joeytsa : AMZN just
might hit $200 today
[07:00 am]
shark : res area?
[07:00 am]
joeytsa : 198.85, but if it clears,
$200 should draw it?
[07:00 am]
skydiver : Home sales decline .5
percent
[07:01 am] shark : AAPL hit
599.99 and pulled back
[07:02 am]
joeytsa : ES still in a tight 2pt
range
[07:04 am] rusty : watching
LGF
[07:05 am] shark : PCLN on way
to $1000/share
[07:06 am] skydiver :
SINA still dropping
[07:07 am] qwert
: ED thx for mygn
[07:08 am] shark :
TSCO holding strong -up 5%
[07:08 am]
lisas : well no wonder, lol
[07:08
am] shark : watching price at 21min ma
for poss break -TSCO
[07:09 am]
bocoo : watching VRTX
[07:09 am]
doji : SPY
[07:12 am] shark :
thx, Mitch -good to know
[07:13 am]
doji : That must be pushing the
SPY
[07:13 am] joeytsa : thx Mitch,
agreed
[07:14 am] shark : NFLX 2nd
time at be
[07:14 am] shark : CMG
hit 420 -wow
[07:15 am] shark : LNKD
hod -I am long
[07:15 am] rusty :
Take a look at the window dressing stats
after quarters with large percentage moves
up
[07:15 am] joeytsa : tighten stop
if long AMZN
[07:16 am] shark :
stuck under $200 joey
[07:16 am]
shark : might as well just put in short
orders at .10 below these round
numbers
[07:17 am] joeytsa : perfect
profit target 🙂
[07:17 am] shark :
so what happens after the qtr
rusty?
[07:17 am] shark : what are
the stats?
[07:17 am] shark : AAPL
at be
[07:17 am] doji :
NFLX
[07:18 am] joeytsa : used to be
stocks that got bought will be sold, stocks
sold would be bought back…not sure if that
trend is still in effect
[07:18 am]
skydiver : JPM – slow climber
[07:18
am] joeytsa : PAY moving..a bit
slow
[07:19 am] shark : good one
joey
[07:19 am] joeytsa : yeah
Mitch, seem strange to you with the homes
#?
[07:19 am] skydiver : nice joey –
yes – my question too joey – home
sales
[07:20 am] joeytsa : thats why
i dont wasnt my time trying to figure
anything out haha
[07:20 am]
skydiver : probably good position in
thinking 🙂
[07:21 am] skydiver :
thnx Mitch –
[07:21 am] mikewd2 -:
watching SINA for support at
66.85’ish
[07:21 am] shark : “low
rates to stay for quite some time”
Bernanke
[07:21 am] joeytsa : qe3
was my 1st thought
[07:22 am]
joeytsa : WYNN dropped off
[07:22
am] joeytsa : he will hold off as long
as he can
[07:22 am] Ed : negative
comments out on WYNN,LVS
[07:23 am]
joeytsa : thx Ed
[07:23 am]
joeytsa : i got a few neg comments
about them too hahaha
[07:23 am]
shark : own the house: LVS
[07:24
am] shark : AAPL poss bounce at
be
[07:24 am] mh : joey thats
good
[07:25 am] mh : haha
[07:25
am] joeytsa : 🙂
[07:25 am]
joeytsa : BWLD held $93 decent
5min chart
[07:26 am] shark : BJRI
upgraded today up 5.9%
[07:26 am]
joeytsa : AMZN held $199
support
[07:26 am] shark : short
under $200, joey?
[07:26 am] shark :
watching for toppiness
[07:27 am]
joeytsa : i think its gonna blast thru,
see how it tests both prices
[07:28 am]
joeytsa : AMZN cons @ 198 then
up, hled $199..slight up move
here
[07:28 am] skydiver : watching
SODA
[07:28 am] joeytsa : earlier
cons near 196 also
[07:29 am] mikewd2 -:
thanks Mitch
[07:29 am] skydiver :
yes – thnx Mitch
[07:29 am] joeytsa
: thx Mitch
[07:32 am] joeytsa :
GPRO nice slow climb, lower vol
[07:32 am]
shark : KORS bounce from be
[07:32
am] shark : I am long
[07:34 am]
mikewd2 -: SINA broke support
[07:34 am]
joeytsa : APOL earnings today
[07:34
am] joeytsa : yeah mike, SINA has been
a short all morning
[07:35 am] mikewd2 -:
just entered long at the pivot will see –
have tight stop
[07:35 am] joeytsa :
should be ok
[07:35 am] joeytsa :
cant get too hurt with a tight stop
[07:37
am] doji : KBH close to 10
[07:37
am] skydiver : RVBD –
toppish?
[07:37 am] joeytsa : CF
lod
[07:37 am] mikewd2 -: GOLD coming off
the lod
[07:38 am] doji : If KBH
breaks 10 it could go down to 9.5
[07:39
am] mh : mike i am thinking of adding
to my FST ? any thoughts
thanks
[07:40 am] mikewd2 -: i would let
it fall a bit more, I’m looking to add at
12.20’ish
[07:41 am] mh :
thanks
[07:41 am] joeytsa : has a
ton of res @ $15
[07:41 am] mikewd2 -:
stopped on SINA
[07:41 am] pow :
watching fsm
[07:42 am] joeytsa :
AMZN still didnt want $200, but trying to
hold 5/15ma support
[07:53 am] mikewd2 -:
figures SINA would move after my stop –
haha
[07:53 am] skydiver : I almost
did the same mike on SINA – missed
it
[07:54 am] mikewd2 -: we can split the
loss – lol
[07:54 am] skydiver :
🙂
[07:55 am] doji : NFLX getting
ready for 3rd short help
[07:57 am]
mikewd2 -: RIG rebounded to a hod
[07:58
am] skydiver : SODA – nice V on one
minute chart
[07:59 am] skydiver :
all out of SODA L 34.41 –
35.01
[08:00 am] totora : ubnt
hurt
[08:00 am] mikewd2 -: nice
sky
[08:00 am] skydiver : like
watching paint dry on the wall 🙂
[08:01
am] eddy : HRC another LOD
[08:03
am] skydiver : Well, time is up for me
— only 3 trades today – two wins and one
loss — see you all tomorrow- make lots
of $$ 🙂
[08:04 am] qwert : cya sky
nice trading
[08:04 am] scalpman :
Nice one, Sky….does it look
shortable?
[08:05 am] scalpman : Bye
Sky
[08:09 am] murano :
CPN
[08:17 am] doji : KBH slowly
tradning to around 9.5 area
[08:18 am]
scalpman : Early departure today…3/3
with one good trade. 2 small
profits.
[08:18 am] scalpman : See
you all tomorrow….
[08:18 am]
scalpman : Thanks for great
ideas…
[08:18 am] scalpman :
Scalpman has left the building!
[08:19 am]
pow : GGAL
[08:25 am] qwert :
anybody else having lightspeed issues
today?
[08:32 am] victor51 : MYGN
breaking out
[08:33 am] eddy :
missed MYGN bounce I guess
[08:34 am]
eddy : qwert
[08:37 am] qwert
: eddy
[08:37 am] eddy : i
said thx fir GGAL
[08:39 am] doji :
higher higs in NFLX
[08:40 am] mikewd2 -:
Anaren strength attributed to takeover
speculation
[08:48 am] joeytsa :
qwert: my lightspeed lost connection
earlier
[08:50 am] doji : NFLX
hod
[08:51 am] doji : I am trading
from the hotel and I see a lag of 3-4 minutes
in the Level II quotes from TOS….Before I
though that was because I was trading from
Rio but the quotes suck
[08:52 am]
joeytsa : thats just a bit too
long
[08:57 am] joeytsa :
test
[08:57 am] qwert : cya
joey
[08:57 am] mikewd2 -: mh: bought a
little FST at 12.35 for a day trade
[08:58
am] joeytsa : thx, internet in/out
today
[08:58 am] mh : i got some at
12.41 will
[08:58 am] doji : Thanks
for the tip Joey
[08:59 am] doji :
Sorry, thanks Mike for FST
[08:59 am]
doji : I’ll buy SLB also at lows
72
[09:00 am] mikewd2 -: all these oils
seem week
[09:13 am] mikewd2 -: oil
companies up, services down
[09:15 am]
doji : Yes Mike, keep in mind that oil
producers have a fix amount of money to spend
every year at a minimu oil price; if the oil
goes up it only benefits the produccers but
not the oil services co
[09:19 am] mikewd2
-: i just don’t think the market is
accounting for the added wells being drilled.
companies like CJES, etc are at 24 hours
shifts – hiring more crews – etc.
[09:21
am] mikewd2 -: with that said, I think i need
to take joey’s method of trading what’s
moving and forget the logic behind the
stock.
[09:21 am] mikewd2 -: pe’s, debt,
etc all over rated in day trades
[09:24
am] doji : yes… trade waht you see…
but it’s important to know what to expect
form the stock when the market and the oil
changes
[09:25 am] doji :
NFLX
[09:26 am] doji : –
Schlumberger Ltd.’s (SLB) North
American business will suffer the effects of
a slowdown in gas drilling, as well as the
increased cost of shifting rigs to oil-rich
areas, Chief Executive Paal
Kibsgaard said Monday.Over the past two
quarters, “hydraulic fracturing pricing is
starting to come under pressure and that this
represents an element of uncertainty to our
2012 outlook,” Kibsgaard said at the Howard
Weil energy conference, according to prepared
remarks posted on Schlumberger’s
website.
[09:26 am] doji : That
explains the drop in the oil services
stocks
[09:26 am] mikewd2 -: except for
stocks like CJES are primarily in oil
wells
[09:29 am] mikewd2 -: SOHU up on
takeover chatter
[09:36 am] mhaus :
Good Morning all
[09:36 am] mhaus :
TSLA
[09:42 am] mhaus : TSLA
turning
[09:42 am] mhaus : still
strong
[09:43 am] doji : No TSLA
shares to borrow from TDA
[09:43 am]
doji : so not interested
[09:44 am]
mhaus : went up almost $1.00 in 15
minutes
[09:45 am] mhaus : and still
strong
[09:50 am] Ed :
slooooooow
[09:50 am] khall : as
molasses in January
[09:50 am] lisas
: lol
[09:50 am] Ed : lol
[09:50 am]
qwert : super
sloooowwwwww
[09:50 am] joeytsa :
all these rings just woke me up
[09:50 am]
joeytsa : thanks 🙂
[09:50 am]
shark : KORS spike
[09:51 am] Ed :
is it summer time??
[09:51 am] shark
: not in LA
[09:51 am] joeytsa :
tough time of day to trade
[09:52 am]
joeytsa : ES still holding
support
[09:53 am] joeytsa : SPY vol
1/3 of thurs total
[09:53 am] shark
: thx joey 🙂
[09:53 am] joeytsa :
🙂
[09:54 am] joeytsa : BWLD in a
flag on 5min?
[09:54 am] shark :
consolidation
[09:55 am] joeytsa :
yeah
[09:55 am] joeytsa : taking a
breather for next leg up?
[09:56 am]
shark : look at BJRI
[09:56 am]
joeytsa : which timeframe?
[09:56
am] joeytsa : 5min looks
strong
[09:56 am] shark : 1 or
5min
[09:57 am] shark : both
restaurants in growth mode
[09:57 am]
shark : one could give tell on the
other’s next move
[09:57 am] joeytsa
: asc tri on weekly
[09:57 am]
joeytsa : $55 seems like res
[09:58
am] joeytsa : lower highs on
indis
[09:58 am] shark :
yeah
[09:58 am] joeytsa : will let
it play out
[09:59 am] joeytsa :
AMZN trying again haha
[09:59 am]
shark : not breaking off 200 enough to
short yet AMZN
[10:00 am] joeytsa :
def holding r2
[10:00 am] shark : ck
out 2 ipo’s DWRE GWRE
[10:01 am]
joeytsa : nice moves…a few ipos this
week also…
[10:01 am] joeytsa :
GLOG,BNNY,CPRS,RM,MM,RXN
[10:01 am]
shark : 😉
[10:02 am] joeytsa
: still easier ways to make money that
playing ipos
[10:02 am] joeytsa :
than
[10:02 am] joeytsa : REGN
down
[10:03 am] Ed : we are all ears, and
Im not up for dancing
[10:03 am]
shark : a lot of great co’s havn’t been
able to go public in years
[10:03 am]
joeytsa : just saying, trying to catch
an ipo move isnt the easiest way to make a
buck
[10:03 am] Ed : just messing
joey
[10:03 am] heman : maybe
tsla
[10:03 am] joeytsa :
🙂
[10:04 am] rusty : AP: BREAKING:
Family spokesman: Trayvon Martin was
suspended from school because of pot residue
in book bag.
[10:04 am] joeytsa :
REGN down $3 from high, has more room to
fall
[10:04 am] joeytsa : that case
is an absolute mess and tragedy
[10:05 am]
joeytsa : come on AMZN you can do
it
[10:06 am] eddy : joey how would
you know REGN has more room to
fall?
[10:06 am] joeytsa : i dont
“know”..just looking at next support
levels
[10:07 am] joeytsa : in a
downtrend currently..but that doesnt mean
things cant turn around either
[10:07 am]
lisas : amzn
[10:07 am]
joeytsa : REGN held the 118 area so
far
[10:07 am] joeytsa : lisa
lisa 🙂
[10:08 am] lisas : You
know, I use amzn all the time, I’ve never
bought the stock to hold, lol
[10:08 am]
joeytsa : 🙂
[10:08 am]
joeytsa : right now AMZN= high school
boy, $200 = the virgin he’s after
🙂
[10:08 am] joeytsa : just cant
quite make it haha
[10:09 am] qwert
: haha
[10:09 am] Ed : vegas
analogy
[10:09 am] joeytsa : keeps
trying though
[10:09 am] lisas :
yeah, and news flash, it’s been at 200
before
[10:09 am] lisas :
lol
[10:09 am] shark : 5 tries a
charm?
[10:10 am] joeytsa : eddy:
did that make sense about REGN?
[10:10 am]
joeytsa : right now in apprx $1 range,
let it tell you what it will do
[10:14 am]
joeytsa : LNKD the past few days has
slowly upped its res test level..was $100,
then $101, today its $102
[10:14 am]
shark : 😉
[10:15 am] joeytsa
: lisa: she said no again haha
[10:20 am]
doji : Joey, I think support instead of
resistance is the issue with LNKD
[10:21
am] joeytsa : what are you seeing
doji
[10:21 am] joeytsa : 99.50
looks like pretty decent support so
far
[10:22 am] joeytsa : and i meant
the res levels kind of in a bullish
manner..slowly climbing
[10:22 am]
shark : buyable gap up was good on LNKD
3/21 -today’s vol above avg
[10:24 am]
joeytsa : above $102, i see $105,$108,
$110 as res levels
[10:24 am]
joeytsa : thats if it keeps moving up
🙂
[10:26 am] shark : BWLD -TSCO
both having pocket pivots in today’s
trade
[10:27 am] doji : You like
picket pivots Shark… where we can learn
that? Investopedia?
[10:28 am] doji
: BVSN
[10:28 am] doji :
tanking
[10:28 am] shark : a stock
moving up off (off of or over the 50day or
10day ma) on volume greater than any down day
vol over the last 10 days
[10:29 am]
rusty : covering second 1/2 BVSN +
16
[10:29 am] rusty : ty for reverse
shopping
[10:32 am] joeytsa : pretty
soon you can quit cooking 🙂
[10:32 am]
joeytsa : REGN, nice reversal
[10:33
am] joeytsa : SINA up and down around
$67
[10:34 am] victor51 : Thanks
Joey for REGN
[10:36 am] shark :
AMZN sneaking around
[10:36 am]
shark : AHA -broke above 200
[10:37
am] shark : (correction) AMZN above
200
[10:43 am] shark : res no
becomes support -AMZN
[10:44 am]
shark : AAPL testing hod and
600
[10:44 am] joeytsa :
🙂
[10:44 am] shark : no =
now
[10:44 am] joeytsa : no prb
victor, was actually expecting it to go
lower, but thats why you let it tell
you
[10:45 am] joeytsa : took 4
hours, but AMZN did it
[10:49 am]
victor51 : I think REGN’s new
cholestrol liquid drug may have lot to do
with this price jump. Do you agree?
[10:51
am] joeytsa : possibly
[10:51 am]
joeytsa : sure is Ed
[10:52 am]
joeytsa : see you all in 20
[10:57
am] mhaus : TSLA moving down
[10:59
am] mhaus : watching SUG
[10:59 am]
mikewd2 -: DNDN up 5% today
[11:00 am]
mhaus : watching ETE
[11:05 am]
mhaus : TSLA giving up all
gains
[11:23 am] doji : SPY
flying
[11:23 am] doji : Fund
managers pumping money for window
dressing…
[11:24 am] joeytsa :
AMZN hod
[11:31 am] totora : is MON
a short ??
[11:35 am] Ed : too many
unknows at this point totora,u want
buyers/sellers to show their hand. This
creates the better odds play. Right now it is
consolidating for a move
[11:35 am]
joeytsa : banging @ $80 also
[11:35
am] doji : and support at
79.5
[11:37 am] Ed : there is a way to
play it with breatkout on either side with
oco order. advanced play
[11:37 am]
joeytsa : good point Ed
[11:43 am]
joeytsa : $202 now AMZN watch
area
[11:43 am] joeytsa : VFC on a
bit of a run
[11:43 am] Ed : just got
email from tradestation, they now have CHART
BASED TRADING”
[11:44 am] mikewd2 -:
great
[11:44 am] joeytsa : i might
have to make a switch
[11:44 am]
totora : what does that mean
[11:44
am] akram : how are trade station on
available shorts
[11:45 am] mikewd2 -: not
that great in my opinion
[11:45 am]
mikewd2 -: way more than etrade
[11:45 am]
joeytsa : good to know mike
[11:45
am] akram : who is then?
[11:45 am]
Ed : means u trade on chart with mouse
click, entry/exit
[11:46 am] mikewd2 -:
should have been an easy addition consider
they have the matrix
[11:46 am] Ed : looks
like it is in 9.1 version
[11:46 am] Ed :
i agree mike
[11:46 am] mikewd2 -: i’m
running 9.1
[11:46 am] joeytsa : to
me that would offset chart trading
[11:47
am] joeytsa : Ed; in vegas terms..its
like going to a strip club..you can look but
you cant touch 🙂
[11:49 am] mikewd2 -:
Ed, chart trading is in 9.1 – didn’t know i
had it lol
[11:49 am] joeytsa : you
will love that mike..esp if its like
ninja’s
[11:49 am] doji : in Rio, if
you just watch they will kick you
out!
[11:49 am] joeytsa :
🙂
[11:53 am] doji : LEH reports
tomorrow; interesting knowing KBH report
dissappointed
[11:54 am] shark : do
you mean LEN, doji?
[11:54 am]
joeytsa : LEN reports
tomorrow
[11:55 am] doji : Nice
double bottom on VVUS
[11:56 am]
joeytsa : LNKD coming into
$102
[11:56 am] joeytsa : AMZN lost
$202 trying to hold 201.50
[11:57 am]
joeytsa : ES touched 1409
[11:57 am]
joeytsa : dbl top on VFC
[11:57 am]
shark : LULU held S1 all mng until move
higher -missed it
[11:58 am] joeytsa
: yeah , i see that
[11:58 am] shark
: LNKD testing hod -i am long
[12:02 pm]
mikewd2 -: SINA
[12:02 pm] joeytsa :
good eye mike
[12:03 pm] totora : gd
awarded defense contract
[12:03 pm]
pow : qgen
[12:06 pm] joeytsa
: 1410 touched on ES
[12:06 pm]
shark : CMG looking parabolic on
1min
[12:07 pm] shark : just above
R3
[12:09 pm] shark : LNKD new
hod
[12:09 pm] joeytsa : nice
trade
[12:09 pm] totora : insane
market
[12:10 pm] joeytsa : VFC into
res here
[12:11 pm] shark : watching
for profit taking…
[12:11 pm]
joeytsa : CRM hod
[12:12 pm]
joeytsa : BVSN 80cent spike
[12:13
pm] doji : CNBC asking themselves who
is buying and moving the market?
[12:13
pm] shark : CMG toppy
[12:13 pm]
doji : Light volume today
[12:14 pm]
joeytsa : yeah doji, just over half of
thurs
[12:16 pm] joeytsa : BIDU
hod
[12:17 pm] shark : a real
laggard in this qtr’s rally – BIDU
[12:18
pm] shark : playing some catch
up?
[12:18 pm] joeytsa : maybe,
still up 30pts this year
[12:19 pm]
shark : compare the 30% to all the
stocks gone up over 50-100%
[12:20 pm]
joeytsa : id still take AAPL’s
run 🙂
[12:20 pm] shark :
🙂
[12:22 pm] shark : 50% YTD
-AAPL
[12:27 pm] chinhngo : tvix
=5.97 low of day
[12:28 pm] chinhngo
: uvxy drop 16.41% today same with tvix
?
[12:28 pm] chinhngo : pcln
hod
[12:28 pm] shark : 😉
[12:31
pm] mikewd2 -: uvxy, etc going to
zero
[12:33 pm] doji :
KBH…
[12:33 pm] chinhngo :
why?
[12:33 pm] shark : CMG
rocketing
[12:34 pm] chinhngo :
nofear at all
[12:39 pm] doji : Big
dwon gap in TZA today… will keep in my
watch list
[12:41 pm] doji :
Chinggo, keep in mind that the bet time to
buy TZA, TVIX is when everyone is give high
five and jumping all over around
[12:41
pm] doji : I am putting these names on
my watch list
[12:42 pm] mh : sina
weak
[12:43 pm] joeytsa : yeah mh,
been weak from 70 earlier today
[12:44 pm]
totora : MON is a beast
[12:44 pm]
skydiver : just jumped on a little bit
ago – S CRM — market seems to have been
quite the bull today
[12:44 pm]
joeytsa : bull on what looks like
lowest vol day of the year?
[12:44 pm]
skydiver : covering CRM S
157.10
[12:45 pm] skydiver : what’s
driving the market up??
[12:45 pm]
skydiver : Mitch’s comments this
morning?
[12:45 pm] shark : Bernanke
heavy finger
[12:45 pm] skydiver :
🙂
[12:46 pm] khall :
hopium?
[12:46 pm] skydiver : good
one khall
[12:46 pm] joeytsa : its
not volume
[12:46 pm] skydiver : I
see that joey – wow
[12:46 pm] shark
: sellers on vacation
[12:47 pm]
joeytsa : normally wouldnt taht be a
warning sign?
[12:47 pm] skydiver :
I’d say so
[12:47 pm] shark : of
what?
[12:47 pm] totora : Cramer
szaid us markets only place in world for
money on Sunday
[12:47 pm] joeytsa :
rise on low vol?
[12:47 pm] shark :
Price Is Truth, joey
[12:47 pm]
joeytsa : yeah totora…but no
vol
[12:48 pm] joeytsa : cap
weighted stocks?
[12:48 pm] shark :
vol is secondary to price
[12:48 pm]
doji : SPY will close at the lowest
volume for 2012
[12:48 pm] joeytsa :
true, which is why i follow price
[12:49
pm] shark : the trend is your
friend
[12:49 pm] doji : SPY
hod
[12:49 pm] joeytsa : yep, but
also cap weighted stocks can skew the
readings
[12:51 pm] shark : you mean
the dow index?
[12:52 pm] joeytsa :
thats one of them 🙂
[12:52 pm]
shark : and?
[12:52 pm]
joeytsa : just saying, i like looking
at equal weighted
[12:52 pm]
skydiver : Well – got to bow out — see
you all in the morning. 🙂
[12:52
pm] shark : PCLN held the VWAP nicely
before running today
[12:53 pm]
joeytsa : yeah it did
[12:54 pm]
rusty : Once you remove $AAPL, the
S&P 500’s year-over-year earnings
growth drops from 7.8% to 2.7%.
[12:55 pm]
joeytsa : yep
[12:55 pm] shark
: wow! :O
[12:55 pm] joeytsa : bye
Mitch, thanks
[12:55 pm] qwert :
goodnight everybody
[12:55 pm] rusty
: In Q4, the tech sector’s earnings growth
was 19.6%. Sans $AAPL, it was 3.3%.
[12:56
pm] khall : goodnight
[12:56 pm]
joeytsa : thats why i like the NYSE
BPI..every stock get an equal vote
[12:56
pm] lisas : Bye all, have a great
nite!
[12:56 pm] shark : any good
earnings out today, joey?
[12:56 pm]
totora : I need to recoop from last 2
days
[12:56 pm] joeytsa : CALM and
APOL today
[12:57 pm] joeytsa :
tomorrow LEN,RBN..nothing major
[12:57 pm]
joeytsa : wed;
FDO,PRGS,MOS,PAYX
[12:57 pm] joeytsa
: thurs; BBY,FINL,SHAW,RIMM,TIBX
🙂
[12:58 pm] shark : RIMM TIBX
after hours?
[12:58 pm] joeytsa :
not sure when
[12:58 pm] joeytsa : i
would have to do homework to find that out
hahaha
[12:59 pm] shark : showing
both as after hours
[12:59 pm]
joeytsa : cool, keeping BWLD
94.40 area on the radar tomorrow
[12:59
pm] joeytsa : you too Ed
[01:00 pm]
shark : awesome pocket pivot in BWLD
today joey
[01:00 pm] joeytsa :
ahhh
[01:00 pm] shark : PCLN only up
$20, slow day
[01:00 pm] joeytsa :
hah
[01:00 pm] shark : like Mitch
said |
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