(06:02 am) JoeyTSA :gap down:
PBR,TSLA,NUGT
(06:03 am) JoeyTSA :gap up:
EBAY,AMZN,AAPL,DUST
(06:29 am) Mitch
King:Premarket DOWN: TSLA,
PBR
(06:29 am) Mitch King:Premarket UP;;
AMZN, AAPL, EBAY, SRPT, MKTO, VIPS
(06:31
am) JoeyTSA :eye on MYGN
(06:31 am)
JoeyTSA :eye on GRPN
(06:33 am) JoeyTSA
:watchng CIE
(06:35 am) Mitch
King:watching CIE for bottom
(06:36 am)
Mitch King:anexpecting EBAY to trend
up
(06:40 am) Mitch King:MNST worth
watching if it gets close to opening for
potential bounce
(06:41 am) Mitch
King:looking for more downside on
KKD
(06:43 am) Mitch King:watching TW for
bottom, more downside
(06:43 am) Mitch
King:watching CL 01-14 to consolidate and
then move up
(06:44 am) JoeyTSA :watching
SCTY $52 level
(06:44 am) Mitch
King:monitoring FTNT
(06:45 am) Mitch
King:more selling on 1-14, cancel my last
post
(06:45 am) Mitch King:monitoring
LH
(06:46 am) Mitch King:watching MMM for
bottom
(06:46 am) JoeyTSA :markets pulled
back a bit
(06:46 am) Mitch King:watching
TRV, more selling likely. insurance
companies selling off today
(06:47 am)
Mitch King:WATCHING FTNT closer
(06:48 am)
JoeyTSA :WPRT large red vol candle
(06:49
am) Mitch King:monitoring WBMD
(06:50 am)
Mitch King:PGR another insurance company,
watching for bottom
(06:51 am) Mitch’s
Assist. :test
(06:52 am) Mitch
King:watching COH for bottom, more downside
first
(06:52 am) Qwert :you
passed
(06:55 am) Mitch King:WATCHING OREX
for bottom, low priced stock, higher
risk
(06:59 am) JoeyTSA :watching
NFLX
(06:59 am) Mitch King:looking for a
bounce in AAPL
(07:00 am) JoeyTSA :reports
coming out
(07:01 am) Mitch King:no trend
in CL, slight bias to uptrend but very weak
so far
(07:08 am) Mitch King:watching DOW,
Dow Chemical, not index
(07:11 am) JoeyTSA
:SFUN stong so far
(07:11 am) Qwert
:monitoring GMCR
(07:12 am) Mitch
King:GC< gold futures down $21 per
oz
(07:13 am) Mitch King:high of day on
CL, uptrend continued afterall, purple line
at top
(07:15 am) JoeyTSA :watching ACAD,
nothing pressing yet
(07:19 am) JoeyTSA
:eye on DDD $77 level
(07:20 am) JoeyTSA
:tighten /NQ if long on that dbl
bot
(07:21 am) Qwert :watching
SCHW
(07:21 am) Mitch King:THe chart in
lower left is NQ 12-13, Nasdaq Index,
compliments of Gerald8
(07:26 am) Mitch
King:XOMA still trending up, low priced
stock, biotech
(07:44 am) Mitch
King:watching TSLA drop, chart on right 2 min
chart
(07:47 am) Mitch King:NQ
bouncing
(07:47 am) Mitch King:NQ 1-14,
futures, not the stock
(07:48 am) Murano
:watching WPX
(08:00 am) Mitch King:this
is what i call no trading zone in CL 01-14,
too small of movement to open new
trades
(08:02 am) JoeyTSA :eye on MPC
too
(08:02 am) JoeyTSA :eye on
SFUN
(08:02 am) Mitch King:watching to see
if NQ 01-14 breaks through 3493
(08:06 am)
Mitch King:NQ 01-14 acting toppy
(08:09
am) JoeyTSA :tighten SFUN if long
(08:17
am) Mitch King:dont wait for signals on the
Lightnign 3 for stocks. i have most all
signals turned off. use the change in
coloring in the bar
(08:24 am) Mitch
King:looking for bounce in CL 1-14 soon,
probably here
(08:26 am) JoeyTSA :MYGN
selling off a bit
(08:27 am) Murano
:watching MYGN
(08:30 am) Mitch
King:looking for some small bounce in NQ
12-13 again,
(08:31 am) Mitch King:not
expecting much more on CL 1-14
gbounce
(08:55 am) JoeyTSA :/CL into
$94
(08:55 am) JoeyTSA :/ES testing
pp
(08:55 am) JoeyTSA :a little buying
going on
(09:00 am) Mitch King:should get
another bounce in CL 1-14, smaller though
than last
(09:08 am) Mitch King:we still
are in buy on the dip strategy with CL 01 as
well as NQ 12-13
(09:11 am) Mitch
King:same idea on NQ 12-13, just see if
we get a breakthrough 3492 and if you see
resistance in price action there, you should
sell, like right here probably sell soon NQ
12-13
(09:14 am) Mitch King:we are coming
off a red sell zone in /CL
(09:14 am)
Mitch King:realize that we are in a downtrend
with /CL and any long trades is considered a
countertrend trade. These are very
small profit potential and the genral rule,
most of the time you need to be short in a
downtrend and long in an uptrend.
(09:15
am) Mitch King:this chart on left is CL 01-14
and has 2 sell signals on the last 2 tops,
this next top, probably right around here is
a good play to be short
(09:57 am) JoeyTSA
:SFUN moving
(11:50 am) Murano :watching
FRX
(12:53 pm) Mitch King:later
guys
| (05:42 am) kile8 :GM
(05:50 am)
dmitry :GM
(05:52 am) JoeyTSA :Good
morning Qwert,kile,dmitry
(05:52 am)
JoeyTSA :man pmi and construction spending in
7 min
(05:53 am) JoeyTSA :ism# @
7pdt
(05:53 am) bill1 :Good morning
Guys. I’m back in civilization. 🙂
(05:53
am) JoeyTSA :hey bill
(05:53 am)
bill1 :Morning Joey
(05:54 am)
JoeyTSA :watching /CL 93.30 res level
area
(05:55 am) bill1 :I almost
always see chop in CL after such a big
move
(05:56 am) JoeyTSA :other levels,
AMZN $370, AAPL $560, LNKD $225
(05:57 am)
Qwert :Good morning everyone
🙂
(06:01 am) JoeyTSA :using 3497 on /NQ,
see if it pushes up to 3500
(06:02 am)
Mitch’s Assist. :yes that is normal bill with
any stock or futures instrument that after a
big momentum move there is a loss of
momentum. and that is where the chop
comes from, decreasing momentum
(06:05 am)
skydiver :gm all
(06:07 am)
bill1 :Thanks Mitch
(06:10 am)
Murano :good morning
(06:12 am) taco
:gm everyone
(06:12 am) taco :thx
for gaps joey
(06:23 am) JoeyTSA :keep eye
on retailers this week, think i read that
black friday sales were way down in store,but
up online
(06:23 am) JoeyTSA :a few have
earnings this week too
(06:24 am) JoeyTSA
:cramer yapping about URBN right now
actually
(06:24 am) Qwert :thx joey, we
went out for a bit here on black friday and
the stores were packed
(06:25 am) JoeyTSA
:i heard some areas were really crazy, lots
of violence too
(06:26 am) Qwert :i heard
the same thing, we got a 40″ samsung smart tv
at target for 360.00 so im all done christmas
shopping 🙂
(06:26 am) JoeyTSA
:ATO,GES,WTSL,JOSB,PSUN,ULTA,AEO all with
earnings this week
(06:26 am) JoeyTSA
:good job, i will start this afternoon
actually
(06:27 am) Qwert :Walmart was the
craziest here
(06:27 am) JoeyTSA :bought a
cheap 32″ tv from walmart a month ago,
surprised how good the picture and sound
is
(06:28 am) Qwert :nice
(06:28 am)
Qwert :i think they had a 32″ door buster for
around 100.00
(06:29 am) JoeyTSA
:crazy
(06:29 am) JoeyTSA :thx
Mitch
(06:30 am) JoeyTSA :eye on /ES
1807, R1 is near 1810
(06:31 am)
kile8 :no charts?
(06:32 am) JoeyTSA
:dont see any yet kile, its usually Ed’s
assistant Diosna who loads them up, dont see
her in the room yet
(06:33 am)
skydiver :TSLA was a quick long but
worked . . . didn’t have time to post
sorry
(06:35 am) JoeyTSA :AAPL hit
$560
(06:40 am) JoeyTSA :tighten AAPL if
long
(06:42 am) JoeyTSA :nice move on /NQ
to hit 3500
(06:45 am) skydiver
:monitoring LULU
(06:46 am) JoeyTSA :LULU
finally holding over that $70 area from 2
weeks ago sky
(06:46 am) skydiver
:thnx joey for reminder 🙂
(06:49 am)
Qwert :CIE a beauty thx Joey, Mitch
🙂
(06:51 am) Mitch’s Assist.
:tes
(06:51 am) skydiver :Nice call
on CIE and /CL Mitch
(06:54 am)
skydiver :monitoring KORS after this
nice short
(06:56 am) JoeyTSA :nice /CL
move offdbl bot
(07:00 am) gerald8
:Expecting NQ to bounce off the 3480
area.
(07:00 am) JoeyTSA :i missed that
great sort gerald
(07:06 am)
skydiver :KORS – all out of the
long
(07:07 am) Qwert :Nice call on COH
had it up and missed it
(07:10 am) JoeyTSA
:sky, great call on KORS
(07:10 am)
skydiver :thnx joey – was fun playing
the short and the long 🙂
(07:13 am)
JoeyTSA :/NQ decent swings today
(07:14
am) JoeyTSA :AAPL making another lower
high now
(07:18 am) skydiver
:thunderbeta2 looks nice 🙂
(07:20 am)
Mitch King:we will get THunder beta2 out to
workshop attendees next 2 days
(07:20 am)
Qwert :that looks real nice
(07:20 am)
skydiver :great Mitch — thnx
🙂
(07:20 am) JoeyTSA :looks
great
(07:20 am) Qwert :awesome
(07:21
am) skydiver :thanks Gerald8
(07:21
am) JoeyTSA :great instrument to trade so far
today
(07:21 am) taco :nice
Mitch
(07:22 am) gerald8 :With the
new system, I am looking forward to not trade
against the market.
(07:22 am) JoeyTSA
:amen gerald
(07:23 am) alan3
:Thanks Mitch.
(07:23 am) Mitch
King:remember that the settings that are set
in default have the absolute minimum number
of signals so it will be big
adjustment. will explain this THursday
in webinar
(07:23 am) alan3
:Ok
(07:23 am) skydiver :sounds good
Mitch
(07:23 am) Mitch King:typical double
bottom, support level
(07:23 am) Mitch
King:in 2 blue circles
(07:24 am) Mitch
King:next area to watch is if NQ moves
through previous high
(07:24 am) Mitch
King:so far, acting like a double top, still
early though
(07:25 am) JoeyTSA :break
time,see you in 20, great
calls
(07:26 am) skydiver :enjoy
joey
(07:37 am) skydiver :keeping an
eye on TSLA leg down
(07:46 am) JoeyTSA
:KORS still having issues at this res
area
(07:49 am) JoeyTSA :ACAD still slow
climb towads $25
(07:50 am) JoeyTSA :KORS
trying
(07:53 am) JoeyTSA :MPC testing
$86
(08:04 am) skydiver :have a
great day all . . .see you tomorrow
🙂
(08:04 am) JoeyTSA :bye sky
(08:04
am) taco :cya sky
(08:04 am) Murano
:see you sky
(08:09 am) Murano :covered
3/4 WPX
(08:20 am) JoeyTSA :eye on this /C
pullback
(08:20 am) JoeyTSA :/CL
(08:24
am) Murano :covered last 1/4 WPX
(08:29
am) Murano :coverd 3/4 MYGN
(08:30 am)
Murano :covered last 1/4 MYGN
(08:37 am)
Murano :MYGN should get a bounce
(08:51
am) Murano :out 3/4 MYGN
(09:00 am) Murano
:my stop on last 1/4 of MYGN is at
24.87 &nbs;
p; lunch time back in
20
(09:02 am) JoeyTSA :enjoy
murano
(09:08 am) freitag8 :too late
to add to the /CL 2/14 position ya
think?
(09:08 am) freitag8 :Thx
Mitch
(09:09 am) Mitch King:i think still
ok Freitag, maybe 12-15 tick profit potential
though
(09:09 am) freitag8 :ok…
I’ll add in on the first green candle with
this dip
(09:10 am) Mitch King:maybe right
here freitag on long of /CL
(09:10 am)
freitag8 :ok… going in now on 2/14
contract
(09:11 am) freitag8 :in at
94.00
(09:12 am) Mitch King:ok im
tracking CL 01-14
(09:12 am) Mitch
King:good call on MYGN Joey
(09:13 am)
JoeyTSA :turned into a good one
(09:14 am)
Qwert :Mygn a beauty Joey
(09:15 am)
Murano :Joey, I appologize, I didn’t see your
post on MYGN
(09:16 am) Mitch King:hey
Murano, Joey is a majority shareholder of
MYGN, he did not abide by Regulation FulL
Disclosure
(09:17 am) Murano :I apologize
and I can’t type
(09:21 am) freitag8
:Thx Mitch… took a $105 profit on CL. Out
at 94.11 ! This team of Traders
ROCK!
(09:23 am) freitag8 :Good call
on the 12 – 15 pt move on CL Mitch
(09:28
am) freitag8 :Lots of sell signals on
CL but it has been rising… where do you
think a good point to go short again on
CL?
(09:35 am) JoeyTSA :no probs murano
🙂
(09:36 am) JoeyTSA :freitag,you are on
02-14?
(09:38 am) JoeyTSA :my 5:56am post
should have read AMZN $390 not $370
(09:38
am) freitag8 :no… out at
94.11
(09:39 am) freitag8 :on
sidelines but monitoring CL 2/14
(09:40
am) JoeyTSA :i asked because most of us are
trading 01-14
(09:40 am) JoeyTSA :at least
i think we are haha
(09:40 am)
freitag8 :I’m expecting the 20 bar MA
to be potential resistance on CL
(09:40
am) freitag8 :Ahhh, ok… I think Ninja
defaulted to the 2/14
(09:41 am) JoeyTSA
:not on mine, weird
(09:41 am) Mitch
King:tthese microTRAdes are not worth trading
on CL hese t
(09:42 am) freitag8
:agreed… like a basketball that has stopped
bouncing and is now rolling
(09:43 am)
Mitch King:right, i use that analogy often,
declining oscillations
(09:43 am)
freitag8 :i think i picked up that
anology from you… lol
(09:52 am) JoeyTSA
:did someone forget to tell Ed that
Thanksgiving is over? 🙂
(09:54 am)
freitag8 :darn it… I think that was
my job this time… I hope he is enjoying the
Turkey and gravy
(09:54 am) JoeyTSA
::)
(09:54 am) JoeyTSA :still watching
MYGN
(09:54 am) JoeyTSA :testing this
“bull flag” res level
(09:55 am) JoeyTSA
:lower highs on /CL made nice short
scalp
(09:55 am) JoeyTSA :i wasnt in
though
(10:01 am) freitag8 :I
scalped 5 pts on that CL… not sure there is
enuf momentum to the down side yet to make a
10+ point scalp
(10:18 am) freitag8
:Watching /NQ & /YM… both at 200
bar MA on 1 minute chart
(10:54 am)
JoeyTSA :MPC testing $88, nice job if
anyone took it on that breakout of
$86
(11:00 am) JoeyTSA :eye on /CL @
$94
(11:05 am) JoeyTSA :AAPL lod
(11:18
am) JoeyTSA :saw this line in
article..
(11:19 am) JoeyTSA :”The economy
spoke loud and clear over the past few days,”
said Brian Sozzi, CEO and chief equities
strategist at Belus Capital Advisors. “We are
going to see an increase in
markdowns.”
(11:26 am) JoeyTSA :never
heard of BOSC, but one heck of a move
today
(11:37 am) JoeyTSA :missed nice day
on GOGO too
(11:47 am) JoeyTSA :saw LL
earlier but let it go due to vol at the time,
has dropped $3 since, arrggg
(12:04
pm) freitag8 :Watching DHI for a swing
trade – short $19.50 to $18 over the next 5
days
(12:15 pm) JoeyTSA :will call it a
day before i make a dumb trade
(12:15 pm)
JoeyTSA :Thanks
itch,Murano,Qwert,everyone
(12:15 pm)
JoeyTSA :enjoy the day, see you in the
morning
(12:18 pm) Murano :done for the
day, see you tomorrow
(12:18 pm)
freitag8 :take care Joey
(12:18 pm)
freitag8 :Have a great day
Murano
(12:26 pm) freitag8 :I sure
missed a great move on /GC today…
completely forgot to open that chart… shame
on me!
(12:30 pm) taco :cya
joey
(12:30 pm) taco :and
murano
(12:54 pm) freitag8 :Have fun
Mitch, Thx
(12:54 pm) taco :thanks
everyone cya in the morn
(12:54 pm)
freitag8 :Bye taco
(12:57 pm)
taco :cya freitag
(01:08 pm)
freitag8 :Have a good one
every1
(01:08 pm) freitag8 :c ya
man-yana
|
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