(05:50 am) JoeyTSA :levels /CL 106.65-107.00;
/ES 1953-1957; /NQ 3786-3800 (05:52 am)
JoeyTSA :early gap up:
LULU,GWPH,TEG,MCRS (05:53 am) JoeyTSA
:early gap down: PRKR,ASML,MTOR (06:04 am)
Mitch King:Premarket UP: CENT,
PLXT, RMTI, LULU, GWPH, GSAT, MCRS Premarket
DOWN: KNDI, ARTX MTOR PRKR
WATCHING: WEC, AVGO, JWN, AMD,
NVDA, MCRS, ORCL, GE, ALO, GS, BA, GM,
APP (06:31 am) Qwert :monitoring
SSYS (06:32 am) Mitch King:watching DDD
for microshort (06:32 am) Mitch
King:watching SAVe for top to short, no
hurry (06:33 am) Mitch
King:sorry (06:33 am) Mitch
King:yndx (06:34 am) Mitch King:monitoring
SLCA (06:34 am) Mitch King:watchinb CBST
for top to short (06:34 am) Mitch
King:watching BWLD move (06:34 am) Mitch
King:watching JEMI for microshort (06:34
am) Mitch King:watching NBL for uptrend again
today (06:35 am) Mitch King:watching TEG
for short soon (06:35 am) Mitch
King:watching EMES (06:36 am) Mitch
King:watching THC (06:36 am) Mitch
King:consider covering SAVE if short on this
drop (06:37 am) Mitch King:watching
BIDU (06:37 am) Mitch King:WEC rebounding,
monitoring for possible short, low
priority (06:39 am) Mitch King:double top
SSYS (06:39 am) Mitch King:DDD high of
day (06:41 am) Mitch King:watching SAVE
for 2nd helping short on this
rebound (06:42 am) Mitch King:watching
NXPI for top to short (06:43 am) Mitch
King:looking for short on WEC around 46.75,
be flexible (06:44 am) Mitch King:watching
RSPP move (06:45 am) Mitch King:6/23/2014
6:45:01 AM *(US) JUN PRELIMINARY MARKIT
MANUFACTURING PMI: 57.5 V 56.0E- Output
Index: ## v 59.6 May Final – Employment: ## v
53.7 May Final – Source
TradeTheNews.com (06:46 am) Mitch
King:watching CHTR for 2nd helping short,
missed first, over 153.25 (06:46 am)
Mitch King:watching BWLD for short, use
limit (06:47 am) Mitch King:watching YNDX
for microshort (06:48 am) Mitch
King:6/23/2014 6:47:37 AM (US) Preview:
May Existing Home Sales expected at 10:00 ET
(14:00 GMT)- Consensus expectations: 4.74Me v
4.65M prior – Source
TradeTheNews.com (06:48 am) Mitch
King:watching GWPH for short on
rebound, (06:49 am) Mitch King:watching
HLF for microshort on this double top,
monitoring if new high first (06:49 am)
Mitch King:lot of downside potential with
GWPH (06:53 am) Mitch King:VMC
moving (06:54 am) Mitch King:double top on
SAVE for short (06:54 am) Mitch
King:watching SCTY for top to short (06:55
am) JoeyTSA :tghten TSLA if long (06:57
am) Mitch King:watching VRX for
bottom (07:09 am) Mitch King:6/23/2014
7:00:03 AM *(US) MAY EXISTING HOME
SALES: 4.89M V 4.74MEMetrics: – Median
existing home price: $213.4K v $201.5K prior
(revised from $201.7K) – Total Months’
Supply: 5.6 v 5.7 prior (revised from 5.9
prior) – Distressed sales: 11% v 15% prior
(lowest on record) – All cash sales: 32% v
32% m/m – Source TradeTheNews.com (07:02
am) Mitch King:monitoring GRFS (07:08 am)
Mitch King:monitoring NUGT, no
hurry (07:15 am) Mitch King:consider
covering SAVE if short, watch for a bottom to
buy; not expecting same high again
though (07:16 am) Qwert :watching
GRFS (07:40 am) JoeyTSA :eye on TSLA
here (07:56 am) Qwert :monitoring
FSLR (08:16 am) JoeyTSA :GMCR on a
move (08:45 am) JoeyTSA :missed YELP, but
keep on radar (09:16 am) Murano
:monitoring DRI (09:21 am) Mitch
King:6/23/2014 9:16:55 AM Syngentia AG – ADR
Said to have previously discussed being
acquired by Monsanto given possibility for
tax advantages; talks since broken down –
press – Source TradeTheNews.com (09:18 am)
Murano :watching MON (09:23 am) Mitch
King:also note SYT spike is related to
MON (10:08 am) Murano :monitoring
WEC (10:16 am) Murano :monitoring
YHOO (01:03 pm) Mitch King:MU moving
aftermarket
| (05:26 am) Qwert :Good morning
regatta (05:39 am) regatta :gm qwert
and murano (05:49 am) JoeyTSA :good
morning
Murano,Qwert,austria,regatta (05:49 am)
JoeyTSA :flash manu @ 6:45, existing home
sales @ 7pdt (05:57 am) Murano :good
morning (06:20 am) scalpman
:ALO? (06:22 am) scalpman :Joey,
Hi (06:22 am) skydiver :gm all –
thanks for gappers etc. (06:22 am)
scalpman :If you put a space after the
“comma” in your list, we can edit quickly and
copy to symbol screen (06:24 am) JoeyTSA
:scalp,will try to remember that (06:24
am) JoeyTSA :i dont put them in a list so
never thought of doing that
comma/space (06:25 am) Mitch King:I would
think TEG would give some good shorts
today] (06:33 am) skydiver :all out
of LULU short (06:34 am) skydiver
:DDD moving up (06:36 am) JoeyTSA :TEG a
beauty, BIDU hod (06:41 am) JoeyTSA :eye
on AMZN $325 (06:45 am) JoeyTSA :nice $4
move on TSLA i missed (06:50 am) JoeyTSA
:another quick $2 pop on TSLA (06:51 am)
skydiver :TSLA is strong (06:52 am)
JoeyTSA :yeah, great move (06:55 am) Mitch
King:yeah sky, TSLA is a breakout new highs
on daily from last 4 days (06:56 am)
JoeyTSA :AAPL lod just watching (07:03 am)
Mitch King:TGT offering free shipping on $50
or more orders on website. (07:03 am)
Mitch King:you think they are behind the
times? (07:04 am) JoeyTSA :i never recall
TGT much into online as it is (07:10 am)
Mitch King:yeah, theire stores are strong,
online weak sales. their sales down
over 30% since that credit card
hacking (07:10 am) JoeyTSA :right, the one
that i can walk to has upgraded thought, they
added a large grocery section (07:11 am)
Mitch King:yeah, ours too, very impressive
here, (07:11 am) Mitch King:but always 2
steps beyind Walmart (07:11 am) JoeyTSA
:yep (07:12 am) Qwert :our tgt has a
pretty good organic section now as
well (07:13 am) Mitch King:i was watching
a rerun of a CNBC special on Costco.
they summed it up by saying they breakeven on
food-hardgoods and their net profit is in the
membership fees. without the fees, they
would lose money (07:14 am) skydiver
:18 ipo (07:15 am) JoeyTSA :breaktime,
back in 20 (07:15 am) skydiver
:sorry — 18 ipo’s opening this week
— (07:15 am) Mitch King:this
week? (07:15 am) skydiver
:right (07:15 am) Mitch King:well, the
last 15 will be really whimpy as money for
ipos will dry up (07:15 am) Mitch King:and
summer vacation (07:15 am) skydiver
:that what I was thinking as well
Mitch (07:15 am) Mitch King:ok sky, try to
itemize which ones are hot and post
here (07:17 am) Mitch King:start with
category type of industry, then price of
ipo. the biggest name underwriters do
the best too. example is ladies bras
wont be a hot ipo, well, except for
you. the tech stocks, still do
well (07:18 am) skydiver ::)
good one Mitch — okay — will do when I can
get some time . . . 🙂 (07:18 am) Mitch
King:sky, you got to do this assignment =
money (07:18 am) skydiver
:ok (07:21 am) Mitch King:should get a
good bounce on GRFS qwert, for sure off
$40 (07:23 am) Mitch King:US Supreme court
placing restrictions on class actino lawsuits
against public companies, finally (07:24
am) Mitch King:PRKR down almost 40% on some
court ruling, im not interested in stock
though, just interesting (07:24 am) Mitch
King:you guys watch USA vs. Portugal match
yesterday? (07:27 am) skydiver
:missed most of it – but they ended up tying
I heard (07:27 am) Qwert :yes saw the last
few minutes (07:28 am) Mitch King:all USA
had to do is hold the ball for a few minutes
but they choked at end and allowed Portugal
to get the ball, then scored (07:28 am)
skydiver :ouch — now they have to play
extra game I hear — next against
Germany (07:28 am) Mitch King:the player
Bradley should be benched, then off team, he
was so bad (07:28 am) Mitch King:they
would have been to next round without having
to face Germany (07:29 am) skydiver
:right . . and now Germany has advantage due
to one extra day of rest and less travel that
US team (07:29 am) Qwert :Would they still
play the game even if they had won? (07:29
am) Mitch King:Bradley is the american guy,
bald. really really was out of it for
both games, cant believe he is still
playing (07:30 am) Mitch King:i dont think
they would have played germany would
they? (07:30 am) skydiver
:no (07:30 am) skydiver :but now
they have to (07:30 am) Mitch King:Germany
is tough, really tough to beat (07:31 am)
Mitch King:if Bradley plays again, we
probably lose (07:32 am) Mitch King:he
lost possession of the ball 3 times from
carelessness or brain deadness and all three
times resulted in a major counter attack by
Portugal which all three should have
scored. the 3rd time he lost the ball,
Portugal scored the tying goal (07:36 am)
Qwert :taking some off og GRFS (07:36 am)
Qwert :og=on (07:37 am) klas
:Thansks qwert GRFS (07:43 am)
skydiver :nice one qwert on
GRFS (07:44 am) Qwert :thx (08:06 am)
skydiver :Okay – my time is up . .
thanks again for great calls etc.
See you all tomorrow morning 🙂 (08:06 am)
JoeyTSA :have a great day sky (08:07 am)
skydiver :you too joey 🙂 (08:07 am)
Mitch King:come on guys, tell me you havent
sold gRFS yet (08:07 am) Mitch King:well i
know sky did (08:07 am) Mitch King:good
pick on GRFS qwert (08:08 am) JoeyTSA
:qwert’s on fire today (08:08 am) JoeyTSA
:i think he is trying to take off on
thurs/fri this week haha (08:08 am)
Mitch King:he sleeps all weekend joey, well
rested (08:09 am) Mitch King:and his wife
does all the lawn mowing, shopping and
cooking, he just takes a few leaves out of
the pool (08:09 am) JoeyTSA ::) (08:10
am) Qwert :i seriousely got 2 hours of sleep
on saturday night my son left for europe and
we pulled an allnighter helping him get ready
, tying up loose ends for his business
etc. (08:10 am) JoeyTSA :he get there
ok? (08:10 am) Mitch King:oh ok, so that
might be the formula, not sustainable but it
slike when athletes are sick and they play
better for that game (08:11 am) Qwert :yes
hes in scotland this morning (08:11 am)
Qwert :yeah less sleep = better (08:11 am)
JoeyTSA :good, i hope he buys you the correct
size kilt 🙂 (08:11 am) Mitch King:i hope
he gets the right family pattern (08:11
am) Qwert :yeah for sure (08:22 am) Mitch
King:good eye on GMCR joey (08:34 am)
regatta :watching MTZ (08:41 am)
Murano :monitoring YELP (08:43 am) Qwert
:Back in a bit have to go run an
errand (08:58 am) Murano :reduce YELP if
short (09:22 am) Murano :reduce MON if
short (09:39 am) Murano :TPH moving
up (09:48 am) Murano :if short TPH would
cover some here no shares at
Lightspeed (09:52 am) Murano :covered all
DRI expected a bigger
drop (10:15 am) Murano :weak bounce
WEC keep tight stop (10:22 am)
Murano :out all WEC lost
patience (10:36 am) regatta
:watching DDD (10:39 am) regatta
:watching SEAS (10:44 am) Murano :reduce
YHOO if long (12:10 pm) JoeyTSA :calling
it a day, Thanks
Mitch,Murano,Qwert,traders.see you all
tomorrow,havea great day (12:11 pm) Murano
:see you Joey (12:24 pm) regatta
:watching FNF (12:44 pm) Mitch King:good
eye on FNF reg, (12:46 pm) Mitch
King:6/23/2014 12:26:24 PM Fidelity National
Financial Inc Partially owned Comdata unit
could be valued at more than $3B in a
potential sale – financial press- Comdata
said to be getting some indications of
interest as it prepares for an IPO. – Source
TradeTheNews.com (12:46 pm) regatta
:tks, got in late and out too early (12:51
pm) Murano :thanks for FNF
regatta done for the
day, see you tomorrow (12:54 pm) Qwert
:Bye everyone cya all in the am some great
calls today (12:59 pm) Mitch King:see you
all tomorrow
|