(05:38 am) JoeyTSA :early levels /CL
102.30-102.75; /ES 1957-1964
(06:22 am) Mitch King:Premarket UP: DGLY,
ICLD, EVRY, LO, HALO, NDZ Premarket DOWN:
FAST, FSC, GNW, RDN, MTG, KFX, ARTX,
WATCHING: LO, RAI, QCOM, AMZN, GPS, CVX,
RCII, DRI, WHR
(06:28 am) Mitch King:long DGLY 7.75
(06:29 am) Mitch King:looking for maybe 8.10
area, which is 35 cents on an $8 stock, which
is 4% profit
(06:30 am) Mitch King:sold DGLY 8.10
(06:31 am) Mitch King:WHR trending up
(06:32 am) Mitch King:nibutirubg TRKA
(06:33 am) Mitch King:monitoring SUNE, not
moved enough yet
(06:33 am) Mitch King:DGLY should give
another long scalp 7.50, got to be nimble
(06:34 am) Mitch King:LO trending up
(06:35 am) Mitch King:watching TRW after
yesterdays move up
(06:36 am) Mitch King:watching LL
(06:37 am) Mitch King:/ES new low
(06:38 am) Mitch King:watching SNX
(06:38 am) Mitch King:EQT dropping, watching
for bottom, waiting
(06:38 am) Mitch’s Assist. :watching CRL
(06:40 am) Mitch King:watching DGLY for
microshort
(06:41 am) Mitch King:monitoring CONN, not
ready for long yet but soon
(06:41 am) Mitch King:watching INFY for
bottom
(06:43 am) Mitch King:new high on DGLY, watch
for another logn entry on next dip
(06:43 am) Mitch King:watching DRL for long
(06:45 am) Mitch King:watching GILD for
microtrades both ways
(06:46 am) Mitch King:GILD dropping on report
circulating over high price of Sovaldi, US
senators requesting info on pricing
(06:47 am) Mitch King:monitoring TPX for
short, low priority
(06:48 am) JoeyTSA :eye on FINL
(06:48 am) Mitch King:watching YELP for
bounce
(06:51 am) Mitch King:LNKD bouncing
(06:53 am) Mitch King:INFY interesting around
53.75 or lower
(06:57 am) Mitch King:watching BITA
(07:05 am) Mitch King:watching DGLY for long
entry soon
(07:08 am) Mitch King:7.85 for long entry on
DGLY would be ideal
(07:09 am) Mitch King:long DGLY $8.08,
(07:12 am) Mitch King:micro long in FAST
(07:14 am) Mitch King:URS alert
(07:15 am) Mitch King:looking for 8.50+ area
on DGLY, be flexible
(07:15 am) Mitch King:URS hired advisors for
potential sale
(07:22 am) Mitch King:another long entry on
DGLY here 8.10 again
(07:24 am) Mitch King:long URS 53.97, late
post,
(07:24 am) Mitch King:watching URS for long
entry soon
(07:25 am) Mitch King:this type of news with
URS is very bullish, usually doesnt fall
apart
(08:01 am) Qwert :monitoring RAI
(08:19 am) Mitch King:watgch $7 level too
(08:19 am) Mitch King:starting to watch DGLY
for quick long, $6.50 would be interesting
level
(09:09 am) Murano :watching OPK
(09:47 am) Murano :watching FSLR
(09:49 am) JoeyTSA :spike
(09:49 am) JoeyTSA :FSLR spik
(10:02 am) JoeyTSA :TMUS spike
(10:02 am) Murano :watching S
(10:32 am) Qwert :monitoring ARUN
(10:36 am) Mitch King:MDLZ should bounce
(10:50 am) Mitch King:new high on BITA, prob
more upside to it
(11:05 am) Mitch King:monitoring RAX
(11:31 am) Mitch King:watching for short in
RRC on top of this bounce
(12:04 pm) Murano :watching MTG
(12:38 pm) Mitch King:alert
(12:38 pm) Mitch King:X akert
| (05:28 am) Qwert :Good morning Regatta
(05:36 am) regatta :gm qwert
(05:37 am) JoeyTSA :Good morning
Qwert,regatta
(05:51 am) JoeyTSA :only report i see is the
fed bdget balance @ 11pdt
(06:06 am) rayeh :gm traders 🙂
(06:07 am) skydiver :LO and RAI news – RAI
buying out LO – should make official Monday
is the story – CNBC news and good morning
all
(06:11 am) JoeyTSA :thx sky
(06:15 am) klas :GM traders
(06:22 am) JoeyTSA :thx Mitch
(06:24 am) Mitch King:there should be a good
trade early on the DGLY on the long side
(06:25 am) Mitch King:DGLY must make a higher
high above 8.60 to continue making good long
trades
(06:25 am) Mitch King:on dips
(06:25 am) Mitch King:ICLD should get active
on long side too, not quite as strong as DGLY
was yesterday though
(06:25 am) skydiver :thnx Mitch
(06:26 am) skydiver :WHR – com: Whirlpool
to acquire majority interest in Indesit for
$15.06 per share
(06:27 am) Mitch King:/ES, TNA initially
gapped up and has come down to same level as
yesterdays close so there is a bias to an
initial move up
(06:27 am) Mitch King:but since it is friday
i would not expect a large up move today, let
alone wont be sustainable move up, just a
little pop
(06:29 am) JoeyTSA :/CL still pulling back
(06:31 am) Mitch King:thats all i was looking
for in DGLY
(06:31 am) skydiver :nice Mitch – followed
you on that one but you had better entry and
exit — nice 🙂
(06:32 am) JoeyTSA :is that chinese??
(06:33 am) skydiver :looks like it joey 🙂
(06:36 am) Mitch King:oh sorry, TRLA,
monitoring
(06:36 am) Mitch King:too late, was
interested in short on TRLA, Trulia, no go
now
(06:37 am) Mitch King:i misssed 2nd long
entry on DGLY< didnt drop enough
(06:37 am) regatta :watching USU
(06:38 am) skydiver :monitoring TSLA’s drop
(06:40 am) skydiver :gold
(06:40 am) skydiver :sorry – wrong screen
(06:43 am) regatta :watching MIK
(06:45 am) JoeyTSA :eye on AMZN
(06:56 am) JoeyTSA :AMZN testing $340
(06:56 am) skydiver :nice one on AMZN joey
(06:56 am) JoeyTSA :nice stair-step
(06:56 am) skydiver :yes
(07:11 am) JoeyTSA :break time, back in 90
(07:11 am) skydiver :enjoy joey
(07:14 am) scalpman :Nice on DGLY mitch
(07:15 am) skydiver :URS halted
(07:16 am) Mitch King:URS circuit breaker
halt
(07:17 am) Qwert :INFY still dribbling down
(07:18 am) scalpman :all out DLGY…thanks
mitch great call.
(07:20 am) scalpman :URS moving
(07:20 am) Mitch King:where did you sell at?
you guys must have taken all that 8.45-8.49
sell prices
(07:22 am) scalpman :8.25 , 8.39. 8.48
(07:22 am) Mitch King:good job scalper
(07:22 am) scalpman :In at 8.08
(07:23 am) scalpman :I wanna be like “you
hoo hoo”
(07:23 am) Mitch King:ok here i just sold 3rd
DGLY long, smaller porofits, 20 cents still
good for $8 stock price
(07:23 am) Mitch King:sold 8.25, 8.27
(07:24 am) Mitch King:try here scalpman,
8.24
(07:26 am) Mitch King:DGLY not strong as i
expected but it is a bullshort candidate,
could easily go to $6
(07:26 am) Mitch King:im done with it on the
long side
(07:28 am) Mitch King:7:17 (US) Fed’s Plosser
(hawk, FOMC voter): Concerned that the Fed
could be getting behind the curve on rates,
would not want to be in a situation where the
Fed had to raise rates higher and faster than
expected – Source TradeTheNews.com
(07:30 am) skydiver :QCOM -cup and handle
shape – a bit late on post
(07:31 am) scalpman :JOey….tho’ts on FINL
(07:34 am) Qwert :Hey Mitch I just saw Zach
on a commercial for CHarter cable
(07:35 am) Mitch King:ok, what channel?
(07:35 am) Mitch King:was it any good?
(07:35 am) Qwert :It was on ESPN
(07:35 am) Mitch King:he is in Bangkok doing
different commercial for Samsung
(07:36 am) Qwert :yeah , but i glanced over
and there he was i only saw about 15 seconds
(07:37 am) skydiver :watching AMZN
(07:38 am) skydiver :BBBY – rumor an
activist investor investing in it
(07:40 am) skydiver :AMZN – asked
governement to allow it to test drones in
Seattle market area
(07:41 am) skydiver :BBBY – rumor might be a
strong one with action of BBBY so far
(07:47 am) skydiver :I was looking to short
BBBY – passed on it so far . . too strong
(07:52 am) regatta :mitch, are you still
watching INFY?
(07:52 am) Murano :INFY trying to bounce
(07:54 am) regatta :watching MXWL
(07:57 am) skydiver :shorted BBBY – small
position
(07:59 am) skydiver :I also went long on
INFY – that’s a bit better than mky BBBY
trade for sure
(07:59 am) Mitch King:DGLY correcting like a
bullshort
(08:01 am) skydiver :thnx for INFY call –
helped my bad position in BBBY
(08:06 am) Mitch King:no reg, i havent been
watching INFY
(08:07 am) skydiver :BBBY short finally
working
(08:08 am) Murano :regatta INFY probably
has more upside but keep a tight stop
don;’t lose your profits
(08:09 am) Murano :I only have 1/4 of INFY
remaining
(08:09 am) skydiver :thanks Murano — I took
3/4 off the table on INFY leaving 1/4 as
well
(08:09 am) Murano :stop at 53.65 INFY
(08:10 am) skydiver :be back . . . short
break
(08:10 am) regatta :thk murano, have my stop
set at breakeven
(08:10 am) Murano :I am looking for 54.50
area on last 1/4 INFY
(08:11 am) skydiver :54.50 — thanks Murano
(08:11 am) Murano :that may be optomistic
sky
(08:11 am) skydiver :BBBY short has been an
interesting ride for me — gotcha Murano on
optomistic
(08:12 am) Qwert :sky did you get stopped out
on BBBY short and reenter?
(08:12 am) Murano :optomistic=optimistic
(08:13 am) skydiver :no – I sweated it out
— thanks for spelling correction Murano 🙂
(08:13 am) Qwert :gotcha
(08:13 am) Murano :my eanglish teacher from
high school would pass out if she saw my
spelling
(08:13 am) Qwert :hahaha
(08:13 am) Murano :typing bad also
(08:14 am) skydiver :and qwert — I did
sweat it out for sure . . . came in too early
— I hear ya Murano – I had one of those too
🙂
(08:15 am) skydiver :I did get out of BBBY
qwert to take my break in a moment – profit –
small – but profit — ok I’m gone for 10
(08:15 am) Qwert :enjoy
(08:20 am) Murano :monitoring FDO
(08:22 am) Mitch King:normally a drop in DGLY
stock would look good but not when it came
from $3 yesterday morning to 9.+ area today
(08:24 am) Mitch King:DGLY should hit that
7.50 to 7.60 on this bounce
(08:25 am) Mitch King:too weak,
(08:25 am) Mitch King:DGLY too weak to play
long, danger danger
(08:33 am) skydiver :SHPG
(08:34 am) skydiver :Shire, AbbVie held
talks after latest raised takeover offer,
Bloomberg says
(08:35 am) skydiver :affects SHPG and ABBV
(08:43 am) skydiver :watching ABBV for
another short – later to post
(08:46 am) skydiver :SHPG strong so far . .
. but watching for short on it too
(08:46 am) Murano :out last /4 INFY
(08:46 am) Mitch King:qwert that RAI worth a
short
(08:47 am) skydiver :covered all of ABBV
short
(08:47 am) Mitch King:should get 50 cents+ on
short side
(08:50 am) Qwert :thx for SHPG sky
(08:51 am) skydiver ::) – ABBV and SHPG –
both worked nicely 🙂
(09:06 am) Murano :closed FDO long not
moving
(09:09 am) skydiver :OPK –
(09:09 am) regatta :watchking LJPC
(09:16 am) Murano :reduce OPK if short
(09:18 am) skydiver :thanks Murano
(09:20 am) skydiver :QCOM still dropping
(09:24 am) skydiver :Need to take off to a
short meeting .. be back in an hour – thanks
for awesome calls 🙂
(09:27 am) Mitch King:so much for the URS
stock, almost came back where it started
from
(09:42 am) JoeyTSA :AMZN hod
(09:49 am) JoeyTSA :sorry Murano, didnt see
your post..had volume off
(09:49 am) Murano :no problem Joey
(09:51 am) Murano :reduce FSLR if long
(09:56 am) Murano :out last 1/4 FSLR
(09:58 am) JoeyTSA :nice job on FSLR Murano
(09:58 am) Murano :thanks Joey
(10:02 am) regatta :S
(10:08 am) Murano :reduce S if long
(10:11 am) Murano :reduce S if short
(10:12 am) skydiver :thanks for TMUS short –
caught it when I got back to my system.but
missed S . . . nice call Murano on S and joey
on TMUS
(10:13 am) skydiver :MLDZ moving up
(10:15 am) regatta :watching RKUS
(10:18 am) Mitch King:should get a little
bounce in TMUS
(10:18 am) skydiver :MLDZ – Triscuit
announces exclusive partnership with Martha
Stewart Triscuit, a Mondelez (MDLZ) product,
and Martha Stewart (MSO) announce an
exclusive partnership with the launch of the
Triscuit Summer Snackoff, a series of four
recipe challenges. :theflyonthewall.com
(10:24 am) Mitch King:10:12 [MDLZ]
Reportedly seeking to separate its Cheese and
Grocery unit in Europe; may lead to a sale or
spinoff – financial press – Unit reportedly
has annual sales amounting to $1.4B –
Separation part of the plans to focus on
snack brands – Source TradeTheNews.com
(10:24 am) skydiver :thanks Mitch
(10:25 am) Mitch King:its been working to
short any of these big movers
(10:25 am) Mitch King:should break below 39
(10:26 am) skydiver :so far the short on
MDLZ working –
(10:26 am) skydiver :thnx again Mitch
(10:26 am) Mitch King:did you short that MDLZ
sky?
(10:26 am) skydiver :3/4 out of MDLZ short
— yes Mitch
(10:26 am) Mitch King:nice, what price
(10:26 am) Mitch King:entry short
(10:26 am) skydiver :39.44
(10:26 am) skydiver :caught it late
(10:26 am) Mitch King:its trying to bounce
off 39, try 2nd helping later
(10:26 am) skydiver :okl
(10:26 am) skydiver :sounds good
(10:26 am) skydiver :thanks
(10:26 am) Mitch King:oh ok you out 3/4
(10:27 am) Mitch King:nice thing is the last
1/4, no pressure you can do anything you
want
(10:27 am) Mitch King:i mean it doesnt hurt
either way
(10:27 am) skydiver :gotcha — still
holoding it for now
(10:27 am) Mitch King:all these news events
like this have been selling off, look at URS,
came all the way back down
(10:28 am) skydiver :URS ? — gotcha – just
pulled up the chart
(10:28 am) Mitch King:and that was a credible
story
(10:28 am) Mitch King:earlier this morning
(10:28 am) skydiver :ok
(10:29 am) Mitch King:now what i like to do
to play the odds on your side is look for a
short only if it bounces up and sell that
top
(10:29 am) Mitch King:talking about MDLZ
(10:33 am) Mitch King:10:16 [RKUS] Strength
in wifi equipment makers RKUS and ARUN
attributed to FCC approval of a $2B plan to
expand wifi in schools – Commission voted 3-2
to approve $2B for the “E-rate Fund” to
expand broadband services in schools. Some
teachers unions wanted the fund to be
substantially larger. – FCC also authorizes
up to $100M for experiments to expand wifi in
rural areas – Source TradeTheNews.com
(10:33 am) Qwert :thx Mitch
(10:34 am) Mitch King:that MDLZ was a pretty
short, good job sky
(10:34 am) Mitch King:sky gets a fortune
cookie
(10:34 am) skydiver :love fotune cookies —
finally 🙂
(10:36 am) skydiver :all out of MDLX short a
bit ago —
(10:38 am) Mitch King:nice job sky
(10:38 am) skydiver :thanks Mitch —
(10:40 am) Mitch King:i think $39 and higher
is 2nd helping short territory for MDLZ
(10:41 am) skydiver :gotcha Mitch on MDLZ
(10:42 am) JoeyTSA :/ES stopped short of
1960, see if it tries again
(10:42 am) Mitch King:good short on ARUN
qwert, did you go long first ?
(10:43 am) Mitch King:ARUN doesnt want to
drop below 17 yet, its also coming out of a
trough on daily chart
(10:45 am) Qwert :yes mitch
(10:45 am) skydiver :nice qwert 🙂
(10:45 am) Qwert :thx
(10:46 am) skydiver :fun to watch the pro
work 🙂
(10:46 am) Qwert :hahaha
(10:46 am) skydiver ::)
(10:47 am) JoeyTSA :AMZN another hod
(10:55 am) skydiver :AMZN – just strong
plain strong over all today
(10:55 am) Qwert :AMZN is a beauty Joey
(10:55 am) skydiver :joey should be able to
retire now after AMZN 🙂
(10:55 am) JoeyTSA ::)
(10:56 am) Mitch King:yeah AMZN is in
breakout mode today, will have tough time
getting over 350 though today
(10:56 am) Mitch King:was that Joey’s pick
for the day?
(10:56 am) skydiver :one of them for sure
Mitch
(10:56 am) JoeyTSA :agreed Mitch, notsure if
345 of 350 is the pin
(10:56 am) Qwert :i think he called it this
am
(10:57 am) Mitch King:i tend to be attracted
to MDLZ or DGLY trades and the slower moving
stocks that trend like AMZN set it and forget
it
(10:57 am) Mitch King:these big movers, the
quick ones take a lot of focus, high risk
high reward type
(10:59 am) Mitch King:SHPG moving around
(11:05 am) Murano :monitoring GPRO
(11:07 am) skydiver :QCOM – bounce
(11:07 am) skydiver :QCOR – up a bit
(11:11 am) Murano :GPRO below 40
(11:14 am) skydiver :covered 3/4 QCOR short
(11:26 am) Mitch King:new low on GPRO
(11:28 am) JoeyTSA :/ES back over 1960
(11:29 am) Murano :thnk about those people
who bought GPRO close to 50
(11:30 am) JoeyTSA :i will when stock price
gets back to $50
(11:30 am) Murano :need some panic selling
(11:30 am) JoeyTSA :they will sell and be
happy to be at be, then price will jump to
$80 )
(11:30 am) Qwert :hahaha
(11:30 am) Mitch King:those people feel the
same as the people who bot bullshorts at top,
USU, DRL
(11:31 am) JoeyTSA :not saying it will really
happen..but thats the way those NH breakouts
work sometimes
(11:32 am) JoeyTSA :O’neill always liked
those new historic high breakout setups
(11:43 am) Mitch King:i think this GPRO wants
to go to 37 or lower
(11:43 am) Murano :yeah
(11:45 am) Murano :need a drop down to 36
with increasing volume
(11:45 am) skydiver :covered last 1/4 on
QCOR – lost patience – too slow for me 🙂
(11:49 am) skydiver :CYNK – penny stock –
SEC halts it and looking for fraud – on CNBC
news now
(11:49 am) skydiver :I never trade penny
stocks however
(11:56 am) Murano :CYNK is a one employee
comapny out of Belize I think
(12:05 pm) Mitch King:MTG just came out of
halt
(12:08 pm) regatta :watching WETF
(12:10 pm) Murano :reduce MTG if short
(12:11 pm) skydiver :Have a luncheon meeting
to get to . . . Thanks for the great calls —
very enjoyable day 🙂 See you all Monday
(12:11 pm) Murano :see you sky
(12:11 pm) JoeyTSA :bye sky, enjoy the
weekend
(12:12 pm) skydiver ::)
(12:22 pm) JoeyTSA :calling it a week
(12:22 pm) JoeyTSA :Thank you
Mitch,Murano,Qwert,everyone
(12:22 pm) Mitch King:later joey
(12:22 pm) JoeyTSA :enjoy the weekend, see
you monday
(12:22 pm) Mitch King:thx for your help
(12:22 pm) Murano :see you Joey
(12:23 pm) Murano :thanks for WETF regatta
(12:23 pm) Mitch King:yeah that turned out
good
(12:24 pm) Murano :nice way to end the day,
have a good weekend, see you Monday
(12:24 pm) Mitch King:later murano, thx for
your help
(12:28 pm) regatta :no problem murano
(12:43 pm) Mitch King:nice way to end the
week, WETF, X
(12:43 pm) Mitch King:thanks reg
(12:46 pm) regatta :just trying to keep up
w/ qwert’s TTS call from yesterday 🙂
(12:46 pm) Mitch King:see you guys monday,
thanks everyone for ideas, makes it a lot
more profitable when we have multiple people
scanning
(12:46 pm) Mitch King:yeah TTS was a big one
(12:47 pm) Mitch King:need a mulligan on TTS
(12:47 pm) Qwert :bye everyone cya all on
Monday enjoy the weekend
(12:47 pm) Mitch King:that TTS bounced 10%
off the bottom that qwert pointed out
(12:47 pm) Qwert :Mitch just saw the whole
commercial, its really great
(12:47 pm) Mitch King:but WETF was a big %
move too
|