| (05:16 am) JoeyTSA :levels : /ES 2020-2027;
/NQ 4220-4233; /CL 80.55-81.00
(05:26 am) JoeyTSA :those /CL levels should
be 60.55-61.00
(05:30 am) Mitch King:05:30 *(US) INITIAL
JOBLESS CLAIMS: 294K V 297KE; CONTINUING
CLAIMS:2.514M V 2.34ME – 4-week Avg: K v
299.0K prior – Prior continuing claims
revised higher from 2.362M prior to 2.372M –
Source TradeTheNews.com
(05:31 am) Mitch King:05:30 *(US) NOV ADVANCE
RETAIL SALES M/M: 0.7% V 0.4%E; RETAIL SALES
EX AUTO M/M: 0.5% V 0.1%E – Retail Sales Ex
Auto & Gas: 0.6% v +0.5%e- Retail Sales
Control Group: 0.6% v +0.5%e (used in
determining GDP) – Source TradeTheNews.com
(05:57 am) Mitch King:Premarket UP: COP,
SPLS, CIEN, TASR, GPT, ISIS Premarket DOWN:
PBR, NLNK, LAKE
(06:10 am) JoeyTSA :its contract rollover
on/ES, /NQ, /YM
(06:17 am) Qwert :ODP gapping up as well
(06:21 am) JoeyTSA :putting LULU on radar
(06:32 am) JoeyTSA :tighten LULU if long
(06:34 am) Mitch King:monitoring AGIO
(06:34 am) Mitch King:WAG strong
(06:35 am) Qwert :monitoring RH
(06:36 am) Mitch King:watching GPRE for
trades today
(06:36 am) Mitch King:HUM trending up
(06:37 am) Mitch King:indexes liking jobless
claims data
(06:37 am) Mitch King:watching KSU drop
(06:38 am) Mitch King:watching MW drop
(06:38 am) Qwert :watching LLY
(06:38 am) Mitch King:watching ACAD for
possible short
(06:38 am) Mitch King:watchign ATHN
(06:39 am) Mitch King:watching URBN
(06:42 am) Mitch King:watching BMRN for top
to short
(06:43 am) Mitch King:monitoring VRA
(06:44 am) Mitch King:watching INVN for
trades, short soon
(06:45 am) Mitch King:watching ATLS
(06:46 am) Mitch King:PDCE breaking out on
upside
(06:47 am) JoeyTSA :URBN on radar $33 level
(06:50 am) Mitch King:remember the peak in
teh indexes will likely be the peak in an
uptrending stock you might be long in
(06:52 am) Mitch King:ATHN still trending up
(06:53 am) Mitch King:watching GTLS, low
priority
(06:57 am) Mitch King:watching MEI for
trades
(07:03 am) JoeyTSA :keep eye on this 5pt /NQ
range for a break
(07:06 am) Mitch King:getting double top in
NQ index
(07:36 am) Mitch King:INVN breakout
(07:40 am) Mitch King:CL looking strong,
(07:49 am) JoeyTSA :watching HABT
(07:59 am) Mitch King:could bounce here off
60.86
(07:59 am) Mitch King:looking for long entry
on CL soon, probably 60.75 area
(08:01 am) Mitch King:early sell signal in NQ
index
(08:01 am) Mitch King:forgot to post Natural
Gas inventory report: 07:30 *(US) WEEKLY EIA
NATURAL GAS INVENTORIES: -51 BCF VS -43 TO
-47 BCF EXPECTED RANGE – Source
TradeTheNews.com
(08:07 am) Mitch King:closing CL long off
60.86, too weak, should ehave bounced more by
now
(08:40 am) Murano :monitoring TGTX
(08:47 am) Murano :monitoring SYY
(08:48 am) Qwert :[SYY] Recent strength
attributed to reports its nearing completion
of deal for US foods
(09:25 am) Mitch King:INVN still giving
trades
(09:29 am) Qwert :just monitoring WAG
(09:33 am) Murano :monitoring MRD at R3
looks strong
(09:47 am) Mitch King:new high on ATHN
(10:13 am) Murano :monitoring LLY
(10:22 am) Mitch King:GMCR decent long entry
for swing trade
(10:58 am) Mitch King:CL back down to the low
of day, should bounce
(11:02 am) Mitch King:just closed CL, not
expecting much of a bounce
| (05:29 am) Qwert :Good morning Joey, Mitch
(05:30 am) JoeyTSA :good morning Mitch,Qwert
(05:34 am) Mitch King:hi guys, you watching
indexes spike?
(05:34 am) Mitch King:on the jobless claims
(05:34 am) JoeyTSA :yep
(05:44 am) Murano :good morning
(05:47 am) Mitch King:new low on oil 60.11
(05:53 am) Mitch King:california farmers
going to get some rain this week, lots of
rain near sacramento
(05:53 am) skydiver :gm all
(06:09 am) taco :gma all
(06:11 am) taco :thx joey
(06:16 am) rd :GM traders
(06:17 am) doji :Good morning fellas!!!!!
(06:18 am) doji :Connecting after over a
month…. hard to connect when have a lot of
work and travel…
(06:19 am) skydiver :ipo – LC (lendingclub)
opens today
(06:21 am) skydiver :also – ipo’s PSRT and
MOMO opens today
(06:34 am) doji :CIEN long at the open…
(06:34 am) JoeyTSA :/ES trying to move thru
2030 area
(06:41 am) taco :KITE selling down
(06:41 am) JoeyTSA :that was nice indice run
(06:42 am) JoeyTSA :maybe put LULU $51 on
radar for next potential breakout level
(06:46 am) JoeyTSA :/ES 10pt move so far
(06:46 am) JoeyTSA :from the open
(06:49 am) JoeyTSA :BIDU hod
(06:54 am) doji :Easy trade in SPY today…
just run from the gate
(06:54 am) JoeyTSA :yeah
(06:56 am) JoeyTSA :RH had nice breakout
(06:57 am) skydiver :Cramer pushed RH
earlier on CNBC
(06:57 am) JoeyTSA :ahhh
(07:01 am) skydiver :nice call on LULU joey
– thanks
(07:02 am) JoeyTSA :no prob sky
(07:03 am) taco :GPRO near lows yest
(07:03 am) doji :Hey guys, don’t know when
my membership expires but just in case I
cannot log again, want to thank you for the
time spent here and all the advise I got from
you… lately it has been very hard for me
to find time to join the room
unfortunately…
(07:04 am) taco :we’ll miss ya doji
(07:05 am) JoeyTSA :pleasure having you here
doji
(07:05 am) skydiver :sorry to hear doji but
it has been great having you here with us. .
. safe journeys and much good things in your
life and family
(07:06 am) JoeyTSA :sky: LULU $52 next
logical spot for potential next leg up
(07:06 am) doji :Thanks guys! Only the best
for you….
(07:06 am) skydiver ::)
(07:06 am) Mitch King:see you doji
(07:06 am) Qwert :Bye Doji you will be
missed
(07:09 am) taco :watching SAVE
(07:10 am) JoeyTSA :missed real nice move on
BLUE
(07:10 am) JoeyTSA :back in 25, nice calls
(07:11 am) skydiver :enjoy joey – I missed
TSLA short – forgot about watching it this
am
(07:15 am) Mitch King:that BLUE has a big
spread
(07:18 am) skydiver :taking 3/4 off long on
TSLA – looks weakish to me
(07:18 am) taco :NOAH dropping
(07:19 am) taco :low vol stock though
(07:19 am) skydiver :monitoring GPRO’s drop
(07:20 am) skydiver :ipo – LC was at 15ish
but now up to 21 at moment
(07:20 am) skydiver :waiting for it to open
(07:23 am) skydiver :TSLA at PP now
(07:24 am) skydiver :all out of TSLA long
(07:26 am) skydiver :monitoring SGMO –
(07:27 am) skydiver :SGMO – low volume
however
(07:28 am) skydiver :GPRO – watching
(07:29 am) skydiver :left money on table on
TSLA long . . need more patience 🙂
(07:32 am) Mitch King:CL back over 61
(07:40 am) skydiver :LC ipo is open
(07:40 am) Mitch King:that ipo should be
decent trader but on NYSE sky
(07:40 am) skydiver :gotcha Mitch
(07:49 am) skydiver :LC ipo – sat on my
hands . . . didn’t like how it opened so high
against earlier price point of $15-
(07:51 am) skydiver :but went long on LC at
23.74 for micro trade –
(07:51 am) skydiver :GPRO – still going
south
(07:53 am) skydiver :out of time – thanks
for great calls — keep an eye on GPRO for me
🙂 see you all tomorrow morning 🙂
(07:53 am) taco :cya sky
(07:53 am) JoeyTSA :bye sky
(07:53 am) skydiver ::)
(08:25 am) JoeyTSA :today seems to be the
reverse of yesterday
(08:32 am) Qwert :For sure Joey
(08:42 am) Qwert :nice one on tgtx Murano was
to fast for me tho
(08:43 am) Qwert :I need to eat my wheaties
(09:13 am) Murano :closing SYY long
mishandled the trade
(09:14 am) Murano :reduce TGTX if short
(09:15 am) Qwert :Murano did you get TGTX?
(09:15 am) Murano :YES
(09:15 am) Qwert :nice job
(09:15 am) Murano :average 18.26 short
(09:16 am) Qwert :you enter on the move back
up or on first post?
(09:16 am) Murano :move up
(09:16 am) Qwert :nice
(09:17 am) Murano :higher risk doing it that
way
(09:29 am) Murano :I misunderstood you
question Qwert, on TGTX I shorted on the
first run up to 18.59. Started shorting at
18 and added in 10 cent increments.
(09:30 am) Qwert :okay when you do that do
you add equally to position size?
(09:31 am) Qwert :every 10 cents?
(09:31 am) Murano :the first two at 200 then
400 shares
(09:31 am) Qwert :gotcha
(09:32 am) Qwert :so do you have a max size
that you will build?
(09:34 am) klas :Murano is your first target
1%
(09:34 am) Murano :I would have bailed if it
got to 19
(09:35 am) Murano :no klas, I use moving
averages and MACD and RSI
(09:35 am) klas :thanks Got it
(09:36 am) klas :So is your first target is
what average ?
(09:37 am) klas :And thanks for MRD
(09:38 am) Murano :reduce MRD if short I
missed the trade
(09:43 am) Murano :klas, I pay more attention
to RSI and MACD. looking at the RSI and MACD
on MRD right now I think it will get to the
17.80 area
(09:47 am) Murano :that is on a two minute
chart klas
(09:47 am) JoeyTSA :strong day for ATHN
(09:48 am) klas :Would you mind Emailing me
yur set up? [email protected]
(09:48 am) Mitch King:yeah yesterdays close
was 119 something
(09:51 am) Murano :ok klas, will do it later
(09:53 am) klas :Thank you Murano
(10:00 am) JoeyTSA :lunch time
(10:00 am) Murano :klas, sent the chart
setup
(10:08 am) klas :Thanks Murano got it
(10:29 am) Murano :should get a bounce in LLY
maybe 50/60 cents
(10:51 am) Murano :no bounce in LLY so far
(11:00 am) JoeyTSA :nice pullback on LLY
Murano
(11:00 am) JoeyTSA :/CL might test $60
(11:02 am) skydiver :back on for a bit —
thanks Murano for LLY – just caught the long
(11:02 am) skydiver :all out of LLY long
(11:02 am) skydiver :Owe you one Murano –
worked for my micro trade style
(11:04 am) skydiver :Appreciate your setup
Murano – still have to learn them however
(11:06 am) skydiver :any ideas on ATHN?
(11:17 am) doji :Crude oil tanking again
today…
(11:23 am) JoeyTSA :oil has been hit
recently
(11:32 am) Qwert :I have an appointment this
afternoon see you all in the morning thanks
for great calls
(11:33 am) taco :cya qwert
(11:34 am) taco :monitoring SAVE
(11:34 am) JoeyTSA :bye Qwert, enjoy ballet
class 🙂
(11:34 am) taco :haha
(11:34 am) Qwert :hahahaha shhhh dont
tell
(11:34 am) JoeyTSA :cute tutu
(11:34 am) Qwert :thats right
(11:34 am) JoeyTSA :glad Mitch let you borrow
it
(11:35 am) Qwert :a pink one
(11:35 am) JoeyTSA ::)
(11:35 am) Qwert :cya
(11:47 am) JoeyTSA :/NQlosing 4260
(11:53 am) taco :TSLA near low
(12:00 pm) JoeyTSA :calling it a day, thanks
Mitch,Murano, traders..have a great one, see
you tomorrow
(12:01 pm) taco :cya joey
(12:01 pm) klas :later Joey
(12:03 pm) doji :See ya guys…
(12:04 pm) taco :take care doji
(12:34 pm) taco :thanks everyone see you
tomorrow, snow to shovel..
|
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