| (06:30 am) Mitch King:watching DWA on NFLX
deal
(06:30 am) Mitch King:monitoring ARMH
(06:31 am) Mitch King:watching CRZO
(06:31 am) Mitch King:watching IRBT
(06:31 am) Mitch King:watching ED
(06:31 am) Mitch King:watching LULU for
trades
(06:31 am) Mitch King:watching DLTR
(06:32 am) Mitch King:watching PXD
(06:32 am) Mitch King:monitoring INFN
(06:32 am) Mitch King:watching SFLY
(06:32 am) JoeyTSA :eye on TSLA
(06:33 am) Mitch King:monitoring LINE
(06:33 am) Mitch King:watching KORS
(06:33 am) Mitch King:watching MDVN
(06:33 am) JoeyTSA :looking for solid push
over $98.35 for /CL
(06:33 am) Mitch King:watching TEX
(06:33 am) Mitch King:watching HLF
(06:34 am) JoeyTSA :eye on LNKD
(06:34 am) Mitch King:watching URI
(06:34 am) Mitch King:watching SCTY
(06:35 am) Mitch King:monitoring CSCO
(06:35 am) Mitch King:watching NTAP
(06:35 am) Ed’s assistant :Monitoring XOM
(06:35 am) Mitch King:watching HIMX
(06:35 am) Mitch King:monitoring CSX
(06:35 am) Mitch King:watching KNDI
(06:37 am) Mitch King:monitoring EFX
(06:37 am) Mitch King:watching JOY
(06:38 am) Mitch King:URI trying to bottom
here
(06:38 am) Mitch King:watching URI
(06:39 am) Mitch King:watching NILE
(06:40 am) Mitch King:watching CSIQ
(06:41 am) Mitch King:SFLY toppy
(06:41 am) Mitch King:CRZO toppy
(06:41 am) Mitch King:DWA turning over
nicely
(06:41 am) Mitch King:solar stocks getting a
pop today, looking for shorts: SCTY, FSLR,
CSIQ, SPWR
(06:42 am) JoeyTSA :eye on AGN
(06:43 am) JoeyTSA :even with big fed $ pump
today, markets might get tentative with fomc
this week
(06:44 am) Mitch King:monitoring WLT again
today
(06:45 am) Mitch King:monitoring JNY for
trending up
(06:45 am) Mitch King:monitoring VRSK
(06:46 am) Mitch King:watching WLK
(06:47 am) Mitch King:watching MDVN closer
(06:47 am) Mitch King:both are online
education stocks
(06:47 am) Mitch King:watchign APOL and ESI
for top
(06:48 am) Mitch King:watchign BIDU for
bottom
(06:48 am) Mitch King:watching SCTY closer
(06:48 am) Mitch King:watching LITB
(06:49 am) JoeyTSA :eye on bottom for MYGN
(06:49 am) Mitch King:watching PXD for top
soon
(06:49 am) JoeyTSA :eye on AMGN
(06:50 am) Mitch King:IRBT toppy
(06:50 am) Mitch King:monitoring banks, USB
(06:50 am) Mitch King:watching BIOS
(06:50 am) Mitch King:LMT trending up
(06:50 am) Mitch King:SPLS strong
(06:51 am) Mitch King:monitoring ETR
(06:51 am) Mitch King:monitoring BIOS
(06:51 am) Mitch King:watching PNK for top
(06:52 am) Mitch King:consider reducing URI
(06:54 am) Mitch King:CME trending up so far
(06:55 am) Mitch King:NXT high of day
(06:55 am) Mitch King:watching AMAT
(06:55 am) Mitch King:watching CAH, high of
day
(06:56 am) JoeyTSA :watching NFLX closer
(06:56 am) Mitch King:watching WYNN
(06:56 am) Mitch King:watching ETN
(06:56 am) Mitch King:watching ACT
(06:56 am) Mitch King:monitoring spike down
on TRW
(06:57 am) Mitch King:watching PANW
(06:57 am) Mitch King:consider selling URI
(06:58 am) Mitch King:watching SINA
(06:58 am) Mitch King:watching NBL
(06:58 am) Mitch King:BIOS still moving up
(06:58 am) Mitch King:monitoring WETF
(06:59 am) Mitch King:watching ESV for
bottom
(06:59 am) Mitch King:watching HAS for top
soon
(07:01 am) Mitch King:watching ANGI
(07:01 am) Mitch King:monitoring AEM slow
drop
(07:02 am) JoeyTSA :GMCR trying for break
over $80
(07:03 am) JoeyTSA :/ES break over 1638
should get it to 1640 quick ?
(07:04 am) Mitch King:monitoring BWA
(07:06 am) Mitch King:watching LULU closer
(07:07 am) Mitch King:AAPL new highs today
(07:07 am) Mitch King:watching ACT closer
(07:07 am) Mitch King:WYNN trending so far
but monitoring
(07:07 am) Mitch King:watching SRCL
(07:08 am) Mitch King:watching residential
homebuilders: DHI, TOL, PHM,
(07:10 am) Mitch King:watchign ZTS
(07:13 am) Ed :keep eye on WLT still acting
weak
(07:13 am) Ed :11.76 was low on friday
(07:15 am) Mitch King:new poll on Obama
ratings show huge drop, over half respondents
don’t believe he is honest or trustworthy,
(07:16 am) Mitch King:QIHU toppy
(07:17 am) JoeyTSA :eye on PXD for break over
$152
(07:18 am) Mitch King:drop in CL, watching
(07:18 am) Mitch King:CL 07-13
(07:26 am) JoeyTSA :AWAY ?
(07:36 am) JoeyTSA :tighten AWAY if long
(07:36 am) Mitch King:watching IDXX
(07:36 am) JoeyTSA :watching QCOR for bottom
(07:38 am) Mitch King:new low on CELG
(07:39 am) Mitch King:monitoring DECK
(07:40 am) Mitch King:consider reducing CL 07
if long
(07:43 am) Ed :keep eye on it
(07:43 am) Ed :FE
(07:47 am) Ed :SPY trading in tight range at
highs
(07:56 am) JoeyTSA :watching MDVN in $46
area
(07:57 am) Ed :SPY new hod
(08:07 am) Ed :if u took WLT short would
cover some in here
(08:19 am) Ed :NFLX new hod
(08:20 am) Ed’s assistant :Monitoring CVD
(08:21 am) Ed’s assistant :Monitoring LNCO
(08:29 am) JoeyTSA :VPHM
(08:30 am) JoeyTSA :vol spike BMRN
(08:30 am) Ed :VPHM Said to be attracting
acquisition interest, no deal is imminent –
(08:39 am) JoeyTSA :tighten VPHM if long
(09:02 am) Mitch King:monitoring GILD
(09:14 am) JoeyTSA :ILMN vol spike
(09:32 am) JoeyTSA :ACN on nice steady up
move
(09:33 am) Mitch King:PNR giving good cycles
(09:34 am) Mitch King:watching NG 07-13 for a
top, Natural Gas, should be a good short
(09:35 am) JoeyTSA :eye on ANSS, lower vol
though
(09:35 am) Mitch King:Im using a 3-6-2
Lightning Bar for signal
(09:36 am) Mitch King:I did a lot of studying
this weekend and was surprised that the
average hold time on many stock ideas were
140-150 minutes. I think we have to accept
the conditions that volume is lower and hold
time is longer
(09:37 am) Mitch King:the same exact
technique that I was studying this weekend,
had hold times of less than 10 minutes 3
years ago.
(09:38 am) Mitch King:No Lisa, this was a
different technique
(09:41 am) Mitch King:well, interesting you
ask that joey. that volume spike was one of
the conditions to trigger the opening of a
long or short.
(09:46 am) Mitch King:i agree with that, the
vol and price spikes that we like for
reversals are not near as prevalent in last
two weeks as the first 5 months. but i
agree that a smoother volume spike tends to
give a more trending trade and lasts longer.
(09:47 am) Mitch King:starting to monitor
REGN
(09:47 am) JoeyTSA :eye on AEGR for bottom
(09:48 am) Mitch King:totally true statement
and analogy is same with stocks. basically i
am trying to add another technique to my
toolbox
(10:19 am) JoeyTSA :AAPL getting some buying
(10:20 am) JoeyTSA :/ES 2pt range is getting
boring 🙂
(10:24 am) Ed :NFLX/AAPL new hod
(10:25 am) JoeyTSA :IDXX vol spike
(10:59 am) Mitch King:ISS
(11:03 am) Mitch King:watcing SFD
(11:08 am) Mitch King:in last 30 min, closes
in 22 min, could be a bounce in here
(11:08 am) Mitch King:CL 07 doing its daioly
psycho move
(11:09 am) Mitch King:ES big drop
(11:25 am) Ed :getting more selling in SPY
(11:47 am) Ed’s assistant :NEEDS MORE VOL
STAA
(11:47 am) Ed’s assistant :Monitoring STAA
(11:48 am) JoeyTSA :/ES lost R1 support, 1627
needs to hold now
(11:49 am) Ed :SPY new lod
(11:54 am) Ed :lower lows on SPY
(12:13 pm) JoeyTSA :COG vol spike, just on
watch for now
(12:19 pm) JoeyTSA :eye on MDVN
(12:34 pm) Murano :Watching RRC
(12:34 pm) Ed :TSO
(12:57 pm) Ed :3 minutes till mkt close
(12:57 pm) Ed :if u took TSO short would
cover
(12:59 pm) Ed :have great eveing traders
(12:59 pm) Mitch King:later guys, see you
tomorrowq
| (06:03 am) JoeyTSA :Good morning
Ed,Murano,Qwert, everyone
(06:04 am) JoeyTSA :biggest fed $ day of the
month today
(06:05 am) Murano :good morning
(06:05 am) JoeyTSA :gap down: TEX,MDVN,ARMH
(06:05 am) JoeyTSA :gap up:
NFLX,DXJ,TSLA,DWA,ACAD,
(06:06 am) Ed :did they get early start
joey???
(06:08 am) Qwert :Good morning to everybody
(06:09 am) Ed :good morning all
(06:10 am) JoeyTSA :not sure Ed
(06:10 am) JoeyTSA :NFLX gapping due to deal
with Dreamworks and Disney?
(06:11 am) JoeyTSA :Good morning Mitch and
Diosna also
(06:11 am) Ed :it was tad bit of humor
(06:12 am) JoeyTSA ::)
(06:13 am) taco :good morning all thx for
gappers joey
(06:13 am) taco :BEAT and EAC have a nice
daily chart poss reversal & con’t
(06:14 am) taco :or con’t
(06:16 am) lisas :gm all
(06:23 am) victor51 :good morning all.
(06:23 am) JoeyTSA :using $98 as /CL support,
see if we get that run to $100 mentioned last
week
(06:24 am) JoeyTSA :/ES wide range 1618-1634,
tighter range 1629-1632
(06:29 am) elisha :good morning all – thanks
for gaps and info joey and taco
(06:29 am) JoeyTSA :almost bell time 🙂
(06:30 am) taco :np porb
(06:34 am) JoeyTSA :nice quick one on /ES off
that 1632 res break
(06:34 am) regatta :URI
(06:41 am) JoeyTSA :watching $224-$226 on
NFLX for a break either way
(06:47 am) elisha :watching BIDU
(06:50 am) regatta :LKQ
(06:57 am) JoeyTSA :LNKD trying to hold $177
(06:58 am) JoeyTSA :TSLA in $2 range, looking
for a break
(06:59 am) skydiver :Housing Market report
out any moment
(06:59 am) taco :thanks $ky
(07:00 am) JoeyTSA :thx sky
(07:00 am) skydiver :expecting reading of 45
jumped to 52
(07:00 am) JoeyTSA :i see the Empire St
manufacturing index came in at 7.8 but only
0.4 was forecast hmmm
(07:01 am) skydiver :humm is right joey
(07:03 am) JoeyTSA :1638 has some res though
(07:06 am) Qwert :monitoring WLT
(07:08 am) JoeyTSA :nice pop on AAPL
(07:09 am) JoeyTSA :TEX made decent move off
that gap down
(07:11 am) JoeyTSA :AMGN trying for $100 🙂
(07:15 am) Ed :missed that poll
(07:16 am) JoeyTSA :yeah saw that earlier,
approval rating dropped 8pts past month
(07:16 am) elisha :too bad all those people
didn’t figure that out before they voted for
him
(07:17 am) JoeyTSA ::)
(07:17 am) JoeyTSA :ACAD still on slow push
to $20
(07:26 am) JoeyTSA :AWAY had vol spike down,
not the biggest move though
(07:33 am) JoeyTSA :eye on AAPL $434 hold,
break over $435
(07:33 am) JoeyTSA :might get $3-5 run ?
(07:37 am) JoeyTSA :i didnt take AWAY, but
was ok
(07:39 am) JoeyTSA :break time, see you in
20
(07:39 am) taco :c ya joey enjoy
(07:41 am) skydiver :take care joey
(07:54 am) skydiver :thnx for great calls
again . . . will try to jump on later . .
have great day 🙂
(07:54 am) taco :take care sky you too
(07:57 am) lisas :for a reversal joey, or a
break out low?
(07:57 am) JoeyTSA :either, but looks weak
overall
(07:57 am) lisas :especially given this
market I guess
(07:57 am) JoeyTSA :same with /CL at $98
(07:58 am) JoeyTSA :lisa: how was the
graduation?
(07:59 am) JoeyTSA :AAPL cons for almost an
hour now
(08:00 am) elisha :hello there lisa!
(08:03 am) JoeyTSA :QCOR still trying to
bottom also
(08:07 am) JoeyTSA :eye on APA, maybe gets to
$88 ?
(08:09 am) Qwert :What a nice reversal on
LINE was watching earlier and forgot about
it
(08:10 am) taco :CVD moving
(08:12 am) Ed :thx taco
(08:13 am) JoeyTSA :real nice taco
(08:16 am) taco :np
(08:21 am) Ed’s assistant :SORRY
(08:21 am) JoeyTSA :thats ok Diosna, 3 days
off takes its toll on you hahaha
(08:21 am) JoeyTSA :NFLX on breakout was
decnet $2 move
(08:22 am) Ed’s assistant :JAJA
(08:22 am) JoeyTSA ::)
(08:22 am) JoeyTSA :welcome to any new room
members, notice a couple new names on our
list
(08:23 am) JoeyTSA :also, hello to the silent
members too 🙂
(08:23 am) Ed :hello
(08:27 am) JoeyTSA :real nice short on CVD,
good call
(08:27 am) taco :thx!
(08:42 am) JoeyTSA :QIHU having nice day
(08:48 am) taco :thx for VPHM joey
(08:49 am) regatta :watching COH
(08:49 am) JoeyTSA :no prob taco, had to pay
you back 🙂
(08:50 am) Ed :nice one joey on VPHM
(08:51 am) JoeyTSA :thanks
(08:56 am) shark :another nice down day on
WLT
(08:57 am) JoeyTSA :yeah, been ugly
(08:57 am) shark :PWE nice off $10 levels –
(08:57 am) shark :$4m in insider buys last 2
weeks
(08:58 am) JoeyTSA :thx shark, good to know
(08:59 am) shark :you might remember, I
bought the June $10 call for .25
(08:59 am) JoeyTSA :nice one
(09:00 am) shark :off the unusual opx
activity of 16,000 contracts bought
(09:00 am) JoeyTSA :ahhh, you have a scan for
that?
(09:01 am) shark :my friend works in Canada
oil industry. he told me to watch this one
(09:01 am) JoeyTSA :oh ok
(09:02 am) taco :i have to go be back
tomorrow thanks for great calls, enjoy some
more profit$$
(09:02 am) JoeyTSA :enjoy taco
(09:02 am) shark :bye taco
(09:33 am) JoeyTSA :good one Mitch, didnt
even see that one today
(09:34 am) JoeyTSA :lots of consolidation on
the futures
(09:35 am) JoeyTSA :been forgetting to put
/NG back up
(09:37 am) shark :good to know, Mitch
(09:37 am) JoeyTSA :really good to know
Mitch, thanks
(09:37 am) Qwert :thx for the info mitch
(09:37 am) lisas :Thanks Mitch
(09:37 am) JoeyTSA :much longer than my
140-150 seconds 🙂
(09:37 am) Qwert :hahaha
(09:38 am) JoeyTSA :interesting
(09:38 am) lisas :was this the reversal
technique Mitch?
(09:40 am) JoeyTSA :Mitch ; next study would
be to see how volume on the initial signal
affects hold time
(09:42 am) JoeyTSA :my thinking was the
smoother the vol on the signal, the more
potential of a runner
(09:43 am) JoeyTSA :but anything can happen i
gues
(09:47 am) JoeyTSA :i look at stocks like i
do horses…too fast too early= not enough to
last the distance
(09:49 am) shark :great analogy, joey
(09:50 am) JoeyTSA :need to study horse
racing 🙂
(09:50 am) JoeyTSA :Jim Cramers favorite
stock book is Andy Beyer’s “Picking
Winners”
(09:50 am) shark :i use housing market
analogies a lot. they go both ways with
stocks as well
(09:51 am) JoeyTSA :makes sense, patterns are
patterns
(09:51 am) shark :trends in real estate are
like gian ships, take a long time to turn
around and go the other way
(09:51 am) shark :giant
(09:51 am) JoeyTSA :yep
(10:04 am) regatta :watching KNDI
(10:07 am) shark :any signs of bottom on
LULU yet?
(10:08 am) Ed :still trending down on daily
(10:08 am) shark :thx Ed 🙂
(10:08 am) Ed :also issue will be who will
replace the ceo who basically made them what
it is today
(10:09 am) Ed :uncertain still
(10:09 am) shark :yeah, created a “culture”.
like AAPL/Steve Jobs
(10:09 am) JoeyTSA :good point
(10:10 am) Ed :yep
(10:14 am) jsn13 :hi ed, so have u decided
on a time for the coaching?
(10:14 am) Ed :not yet
(10:14 am) Ed :will let u know today
(10:15 am) jsn13 :ok means it’s not today
then…
(10:18 am) Murano :I am back. Lost internet
5 minutes before the market opened.
(10:19 am) shark :yikes, murano
(10:19 am) JoeyTSA :they were listening in on
you murano haha
(10:19 am) JoeyTSA :cut your feed 🙂
(10:19 am) Murano :at least it was before the
open
(10:21 am) JoeyTSA :you can scalp a few ticks
here and there on /ES, but not recommended
for the most part
(10:22 am) shark :7-11 slave labor.
hmmm…wild story
(10:22 am) JoeyTSA :yeah, interesting one
(10:22 am) shark :10,189 contracts hit on
AAPL JUL CALL 470 at 2.26
(10:23 am) JoeyTSA :guess someone is
expecting a nice run
(10:23 am) shark :yeah
(10:37 am) JoeyTSA :lunch break, see you in
20
(10:51 am) Qwert :Anyone download new
veresion of ninja yet
(10:51 am) Ed :have not yet
(10:51 am) Qwert :yeah was wondering keep
getting the message for it
(10:52 am) Qwert :i am always a little weary
of new version
(10:52 am) Qwert :weary=leary
(11:11 am) Ed :was nice drop
(11:11 am) JoeyTSA :qwert: i meant to, but
forgot..had taken the message off
(11:14 am) JoeyTSA :nothing yet, but watching
CVD here near $78
(11:25 am) JoeyTSA :early rumors of
tapering?
(11:28 am) Ed :Ben tripped and unplugged
money cord
(11:32 am) JoeyTSA :shows that this
market/economy is truly fed-propped
(11:32 am) JoeyTSA :wait until interest rates
go up
(11:33 am) Ed :they called Ben at golf course
to let him know what happened
(11:33 am) JoeyTSA :haha
(11:34 am) JoeyTSA :Dr. Bernankenstein
creating a monster 🙂
(11:34 am) Ed :yep
(11:44 am) JoeyTSA :missed decent short on
AAPL on taht $435.50 dbl top
(11:45 am) JoeyTSA :$435P went from 4.20 to
5.50, not too back
(11:45 am) JoeyTSA :bad not back
(11:47 am) JoeyTSA :thx Diosna
(11:49 am) Ed’s assistant :You’re welcome
(11:54 am) JoeyTSA :pretty ugly considering
biggest $$ pump day of june
(11:56 am) JoeyTSA :that AAPL 435P is not
$6.50 area
(11:56 am) JoeyTSA :blew that one
(11:56 am) JoeyTSA :paging Dr. Mulligan 🙂
(11:57 am) Ed :Ben used them all today
(11:57 am) JoeyTSA :yeah
(11:59 am) JoeyTSA :i didnt play it, buy UVXY
had nice run past hour
(12:00 pm) Ed :yep over 70
(12:00 pm) JoeyTSA :yeah, it hit my scanner
but since i never play it i didnt bother
pulling it up
(12:00 pm) JoeyTSA :the push to 71 pullback
70.50 was nice
(12:01 pm) Ed :Joey the “pullback” master
(12:01 pm) JoeyTSA :have to be when im too
slow to catch the first move haha
(12:02 pm) Ed :but 2nd moves notice pay big
dividends many times
(12:02 pm) JoeyTSA :unless i get an order
sitting waiting
(12:03 pm) JoeyTSA :i always felt it was
safer to wait for the pullback
(12:03 pm) JoeyTSA :let it break thru with
someone elses money and then pullback and
hold on their money too 🙂
(12:04 pm) Ed ::)
(12:04 pm) JoeyTSA :only negative is if it
breaks and keeps running and you dont see
that 1st break
(12:04 pm) Ed :true
(12:05 pm) JoeyTSA :when i swing traded 52wk
highs, would get stopped more than i cared
for, learned some lessons
(12:05 pm) JoeyTSA :UVXY giving nice pullback
here
(12:06 pm) Ed :yea has nice range, just have
to be nimble
(12:19 pm) shark :watching NFLX at pivot
(12:19 pm) shark :correction: @VWAP
(12:19 pm) JoeyTSA :COG turned into nothing
so far
(12:24 pm) skydiver :finally pulled free to
check markets . . short on MDVN – watching it
closely
(12:24 pm) shark :nice sky 🙂
(12:24 pm) skydiver :thanks to joey 🙂
(12:24 pm) JoeyTSA ::)
(12:25 pm) skydiver :covered 3/4 on MDVN
(12:26 pm) JoeyTSA :/6J had some nice moves
(12:26 pm) JoeyTSA :missed them all, never
switched to 09-13..idiot haha
(12:26 pm) skydiver :Sold a chunk of mutual
funds this morning — hope market closes in
green . . would make my day nicer 🙂
(12:30 pm) Qwert :Hey everyone got to take
off a little early cya all in the am
(12:31 pm) skydiver :take care qwert . . .
(12:31 pm) Ed :c ya qwert
(12:31 pm) shark :bye qwert
(12:35 pm) JoeyTSA :bye qwert
(12:35 pm) JoeyTSA :/ES nice bounce
(12:39 pm) JoeyTSA :8pts on that /ES run
(12:39 pm) JoeyTSA :was there news?
(12:39 pm) Ed :not that i see
(12:40 pm) skydiver :been short TSO – this
strong market makes one a bit concerned
shorting – 🙂 nice for my mutual fund sales
however 🙂
(12:40 pm) JoeyTSA ::)
(12:40 pm) skydiver :TSO — you can keep
dropping 🙂
(12:41 pm) shark :PWE testing hod
(12:41 pm) skydiver :RRC – looking
intereting
(12:41 pm) skydiver :interesting
(12:42 pm) JoeyTSA :calling it a day
(12:42 pm) shark :”day”
(12:42 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano,everyone
(12:42 pm) shark :;) bye joey, stay cool
(12:42 pm) skydiver :take care joey – – see
ya in the morning
(12:42 pm) Ed :c ya joey
(12:42 pm) JoeyTSA :see you all tomorrow,
enjoy the rest of your day
(12:43 pm) skydiver :covering 3/4 on TSO
(12:44 pm) skydiver :all out of TSO short
(12:45 pm) skydiver :okay . . . thanks
everyone . . .short day on market for me, but
had 5 decent trades . . see you all in the
morning 🙂
(12:46 pm) Ed :c ya sky
(01:02 pm) shark :bye Ed, Mitch, everyone
🙂
|
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