Shine’s Trading Room Stock Market Research Report Chat 01-12-12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name Time Chat
Lucky 8:06  Good morning
clong 8:11  gm
FLASH 8:13  Good Morning
Semi 8:17  gm
Randir 8:22  good morning gang!
Randir 8:23  I have a feeling DNDN is going to be steaming ahead again today…
Keith 8:24  GM
Lucky 8:29  Hope you are right Randir
Semi 8:29  Sale of Italy and Spain debt went well.Draghi to speak at 8:30 a.m. per bloomberg tv
Randir 8:30  futures are looking positive…
Semi 8:31  retail sales and jobless claims a little dissappointing…bloomberg tv
Lucky 8:32  WLT one to watch
Bob S 8:41  gm
Heath W 8:47  Good morning
Sheila 8:47  GM
Heath W 8:47  GILD completes tender offer for VRUS
David M 9:00  indian outsourcers getting pummeled
Mark Melnick 9:03  SHLD short trigger 28.89 WSM short trigger 33.94 INFY short trigger 50.50 PMC short trigger 13.28 short trigger 12.70 DNDN long trigger 14.52 MOS short trigger 54.02 MFLX long trigger 24 long trigger 25.62 GRRF long trigger 3.01 BORN long trigger 4.46 EBIX long trigger 23.60
Mary Beth 9:04  good morning
David M 9:04  i still see no expose on streetsweeper for QCOR
Juan M 9:06  gm
Lucky 9:07  SHLD — hard to borrow stock for a short
Heath W 9:11  My downside estimate for PMC, based on pre-offer price, is $11.25.
Heath W 9:12  PMC closed at $10.93 on 8/23/11, the day before the offer from OCR was disclosed.
Lin 9:12  check dailys on homeies len phm dhi
Bob S 9:15  ANGI andRPN just downgraded to sell
Bob S 9:15  meant GRPN
Randir 9:17  JOYG recently changed their ticker to JOY
Lin 9:20  4g iphone offered in china tomorrow
Lin 9:20  aapl
8ball 9:21  homebuilders act off the claims #’s
Lin 9:22  8ball the dailys are cherry
Bill D 9:22  GM
Lin 9:23  not pre dailys i am just saying i dont own em
8ball 9:24  len quick pull in
Lin 9:24  13 support
Pepino 9:25  SPY levels to watch: 130.35, 130.08, 130.02………, 129.83, 129.65 ( breakout), 129.42, 129.37 ( HOD) …………..129.22, 129.09, 128.95 …………128.52 (LOD),128.38, 128.18 ( to fill gap), 128.02, 127.78…………
Lily 9:25  gm
Doug W 9:26  GOOG up $5 pre
Bob S 9:27  your mic died Mark
Randir 9:28  2 minutes until blast off…
Pepino 9:28  MOS 52.67 the 50 day SMA
8ball 9:28  ag’s very weak
Pepino 9:29  POT 43.01 the 50 day SMA
Bob S 9:30  XOM and CVX due to CVX guidance
Doug S 9:31  ANR looking interesting
Jeff D 9:31  LINE also announced SPO last night. Getting long some calls in anticipation of run-up to ex-date (first week of Feb)..
Lin 9:32  cie
Bob S 9:32  SVU starting to push lower
Sheila 9:32  CECO up again after a good gain yesterday
Doug S 9:33  dndn hod
Randir 9:33  idix up 30 cents
Sheila 9:34  BHI below 50
Doug S 9:35  ILMN hod
Rider 9:35  GT back to 14
Julie R 9:35  GDX
Doug S 9:36  NFLX lod
Doug S 9:36  BORN
Mary Beth 9:36  HOV & FRO hod
Sheila 9:37  MJN above $73
Randir 9:37  BORN at 4.55 up 24 cents
Julie R 9:37  AMZN weak too
Randir 9:42  VRTX day lows
Sheila 9:43  LULU below 60
Randir 9:44  DNDN day lows
Doug W 9:45  GOOG up $6
Doug S 9:45  DNDN lod
Doug S 9:45  ILMN hod
phil 9:46  JEF soaring
Barclay F 9:47  does anyone have a support line on SINA?
Sheila 9:47  MCP hod
Randir 9:47  DOW down 28pts
Doug S 9:49  MCP triggered
Randir 9:50  $1 pull back on WLT looks like a good entry now
Dan T 9:50  PBR strong move up
Doug W 9:52  just missed MCP in the .80s
phil 9:52  FRO is acting strong
Bob S 9:53  WAG and SVU grinding lower
phil 9:54  HL at highs
Randir 9:54  WLT steaming
Jeff D 9:55  That was actually a cut in the Baird target for PPO….interesting reaction so far…
Jeff D 9:55  (from 62 to 60)
Doug S 9:55  DNDN near an important 15 min low
Doug W 9:55  Got MCP at .84 after all
Julie R 9:56  liking this GDX
Sheila 9:56  DVN hod
Julie R 9:57  2k Calls just added to the Feb 52s ITM, Jan active as well
Sheila 9:57  CECO hod
Doug S 9:57  Tight chart on the Born 5
Lin 9:58  took 15c mcp
Doug S 9:58  IBM plumeting
Doug W 9:59  AMRN pulling back a bit this morning
Randir 10:00  10am
Lin 10:00  doug out of celg?
Rider 10:01  EK southbound
Lieu 10:02  JUlie, just got $100 from GDX miss recent pop, but can’t complaint. Thanks!
Randir 10:02  DNDN 4.5M shares traded already!
Dan T 10:02  FSLR down almost 2 points
Julie R 10:02  way to go Lieu!!!!
Sheila 10:03  BHI popping off of day how
Doug W 10:04  Yeah Lin, out of CELG and out MCP watching now
Dan T 10:04  NG good move higher this morning
Rider 10:04  We feel so due for a 200 pt woosh down
Dan T 10:05  PBR new highs
Randir 10:05  DNDN 50+ cent rally from day lows
Mary Beth 10:06  lng
Doug W 10:07  MCP falling fast
Bob S 10:08  fcx reversed
Doug W 10:08  AMRN bouncing a bit
Lin 10:09  dont know what to make of aapl as usually an earnings run
MikeB 10:10  Good morning all
Lin 10:10  aapl may add after 419.22 stops hit
Doug W 10:10  just unloaded some AAPL
Bob S 10:11  with all the red, SPY is only down 12 cents
Rider 10:12  Please repeat GMCR comment – - over
Hafty 10:12  qcor positive
Randir 10:13  LNG rockin out
Lin 10:13  doug buy it back save my butt
Jeff D 10:14  TLT moving down with market, but VIX moving up….
MikeB 10:15  SPY support 128.79
Randir 10:16 1015
MikeB 10:16  DMND 33.50 is 50 day ma
Rider 10:16  GMCR popping with DMDN
Barclay F 10:16  any news on DMND or is this another one of its mystery pops?
Barclay F 10:17  keep DMND pattern in mind here, it pops and then dribbles down rest of day
MikeB 10:18  DNDN lod
MikeB 10:18  wlt
MikeB 10:19  ZSL hod 13.04
Randir 10:19  i was watchin ZSL at 13 bucks MB
Barclay F 10:20  DMND pattern is two 5 min bars up then dribble down
MikeB 10:20  ZSL 13.28 is 50 day ma
Mark Melnick 10:20  u called it barclay ..perfect
Mark Melnick 10:20  i was long
Mark Melnick 10:20  i threw it away lol
David M 10:20  QCOR was down now slightly up
Bob S 10:22  jpm showing a bounce off Pitvot and S3
Doug W 10:23  LNG pops back above 9.50 breifly
Pepino 10:24  NTAP…critical 34.40 support/breakdwon approaching
Barclay F 10:27  8ball, what was the figure your were referring to that SINA istrading right below?
8ball 10:28  the figure…$59
8ball 10:28  whole #
Dan T 10:28  CHKR falling
Barclay F 10:28  that a figure from your charts or from JPM upgrade?
Barclay F 10:29  can’t find details on the JPM upgrade
Mary Beth 10:29  ENER cheap penny stock doing well
Jeff D 10:29  After fading from opening gap up, FCX leveling off near yesterday’s high…
Barclay F 10:30  got it, didn’t know if you had a chart going
Doug W 10:31  LNG 9.64 third time then pulls back slightly
Jeff D 10:33  Julie, any view on today’s volume in the FCX 43 weeklies? A bit of a lottery play?
Barclay F 10:35  been chopping SINA short on a descending intraday channel, working out well after one bad hit
Randir 10:35  Danish watchmaker Skagen Designs will be sold to US watchmaker Fossil for 1.3 billion Danish kroner (about 223 million U.S. dollars), the company said Tuesday.
James V 2 10:36  CHK @ lod
Bob S 10:36  CHK S$ was 22.2
Barclay F 10:36  about 58.92 res and 58.2 support
Doug W 10:36  pulled out of LNG with a $20 loss. Just not getting a warm fuzzy here
MikeB 10:37  DNDN above 14
Julie R 10:37  SPY we are trying to get support off the high of 10/27 128.60
Randir 10:38  nice FOSL call team!
Rider 10:39  GMCR percolating
Doug S 10:39  ENDP looking interesting
Sheila 10:39  BHI lod
Randir 10:40  80 cent run in GMCR in past 30 minz
Randir 10:40  lightening
Doug W 10:41  LNG continued weakness…dropped to 9.38
Julie R 10:41  Jeff, could be or sellers
Rider 10:41  GMCR green
Barclay F 10:42  hate GMCR, destroyed my confidence
Dan T 10:42  CLNE day highs
Doug W 10:42  MDT lod
Doug S 10:42  ENDP HOD
Barclay F 10:43  Rider, I could gaurantee GMCR will tank here, but only if I buy it
Barclay F 10:44  look at that, I even thought about buying it and it tumbled
Julie R 10:44  GDX turned out to be a h and s pattern
Randir 10:45 1045
Randir 10:45  ha
Doug W 10:45  fun flies when it doesn’t !
Randir 10:46  DOW down 60pts
Mark Melnick 10:46  lol
Bob S 10:46  good morning, got to go
Semi 10:46  SPY…what are some important levels to watch from here?…
Julie R 10:47  if SPY doesn’t hold at this level , gap to fill
Mark Melnick 10:47  cya bob
Doug S 10:47  shooting star on the ENDP 5
Dan T 10:47  VVUS new highs
Randir 10:48  DKS 30 cent rally from lows
Semi 10:50  julie / spy / re gap…128.18 ?
Randir 10:51  you like that ZSL 8B>?
Dan T 10:51  PHH
Mary Beth 10:52  OSG
Dan T 10:52  continued strength in VVUS
Rider 10:53  GMCR to take out highs on next candle
Randir 10:53  PHH looks may be a good look DT
Jeff D 10:53  20!
Randir 10:53  GMCR!
Sheila 10:54  GMCR hod
Jeff D 10:54  8ball, what’s driving your thinking on ALNY? Technicals?
Dan T 10:54  OSG popping
8ball 10:55  fundeamentals
8ball 10:55  inhx achn
Jeff D 10:56  cool. thx!
Randir 10:57  long fslr looks good
Doug S 10:57  Interesting chart on the VVUS 5
Randir 10:59  big vol in recent 1 min bar 250k almost
Randir 10:59  RDN
MikeB 11:02  QCOM catching a bid
MikeB 11:04  CAT hod
Rider 11:04  GMCR wants another crack at 49 today
Randir 11:06  sweet rimm trade guyz
Doug W 11:07  exactly what I’m thinking with MCP 8ball
Rider 11:07  Huge vol on GMCR
Mark Melnick 11:07  JAN FEB MARCH APRIL
Jignesh 11:07  january for me
Mark Melnick 11:07  im leaning towards march
Mary Beth 11:07  nice pop in GLUU on insider buying
Doug W 11:07  MCP now moving above .30
Rider 11:07  Dec
Dan K 11:08  mon at highs
Julie R 11:09  bulls defended that last level posted
Doug S 11:10  AMLN hod
Amit 11:10  I did bit research on the trading cycle and on last 100 years on dow. I find that at majority time maret tops out in the 2nd week of Feb, April and May. and bottoms out in third week of March, Aug, Oct and Nov and week before christmas. Just an observation on last 100 year chart braking down in steps of 10 years.
Julie R 11:11  Semi, do you understand my posts about the SPY? And that level of 128.60? Hope it’s clear, the gap is from the 9th to the 10th, so far it held
Randir 11:11  good look Amit
8ball 11:11  great post Amit
Doug S 11:12  MMM also very tight on it’s daily
Randir 11:12  did this RDN run out of gas ..?
Doug W 11:15  volume picking up a bit on MCP as it pushes .50
Dan T 11:15  RCL nice move higher
Julie R 11:16  possible inv h and s on ES SPY forming from the bottom, internals improving
Doug S 11:18  V & MA HOD
Doug S 11:20  ADP approaching big level
Jeff D 11:23  8ball, look at the Mar 7.50′s on that one….
Julie R 11:23  one concern on the SPY, the last high put in this morning, I see bearish technical divergence, will watch close
Doug S 11:23  wlt lod
Julie R 11:23  the high of the opening print
Randir 11:26  Synaptics upgraded to Neutral from Sell at Lazard CapitalLazard Capital upgraded Synaptics on expectations the company’s trend of losing design wins is reversing. Lazard Capital believes Synaptics is regaining share at HTC
Mark CB 11:26  Julie, I think I see what you are seing in that the SPY was not able to break thru yesterdays high.
MikeB 11:28  DNDN 15min support 13.75 breakout 14.05
gregg 11:30  care to explain MON short when you get a chance. I think I understand it. The buyer was done by taking atll the stock at 80.00
Doug S 11:30  DNDN nearing 14 again
Doug W 11:30  GOOG creeping back up, approaching $4
Julie R 11:31  Mark I see it in oscilators
8ball 11:32  mcp bounce
gregg 11:32  which platform are you using?
Mark Melnick 11:32  Lightspeed
gregg 11:32  tks
Jeff D 11:32  CELG on the move again…
jeff 11:33  HMA at the whole # and on the low
MikeB 11:33  DNDN
MikeB 11:33  DNDN
Doug S 11:33  ce interesting chart
Semi 11:34  Julie…my charts of the SPY gap for the 9th and 10th show as high of the 9th= 128.18 / low of the 10th= 128.65 // sso, a gap fill on my chart’s data would be 128.18 // if this is different from your chart perhaps due to one of using using after hours data and one of us not?? In any case , I follow what you are saying…thanks
Doug W 11:35  AMRN stepping up from a low of 7.24 now 7.40 still .25 off hod
Doug S 11:35  CE hod
Doug S 11:37  lvs hod
MikeB 11:37  st.Joe JOE hod up 3%
MikeB 11:38  yes
MikeB 11:38  18.27 200 day
MikeB 11:39  CAT day high
Randir 11:41  29 looked like a sweet entry…there she goes!
Randir 11:42  nice
Doug S 11:42  DNDN closing in on that 14.20 level
Doug S 11:43  DNDN 14.21
Doug W 11:44  yeah, stopped out MCP too
8ball 11:45  took .58 beats a sharp stick in the eye
8ball 11:45  wlt
Randir 11:45  thats a goodlook pepe
Lieu 11:46  Mark, MON short?
Doug S 11:46  lulul hod
Lieu 11:46  no going higher MON
Julie R 11:47  CELG Feb 75 vol exc OI by 50%
Barclay F 11:48  SINA breaking major resistance at 59
Doug S 11:49  CE now through important daily resistance, next weekly resistance at 56.94
Amit 11:49  CES attendies must be partying hard in Vegas. LVS is poping
Randir 11:50  I have a cousin at the CES!
Doug S 11:50  STMP
MikeB 11:51  MGM trading at 200 day ma 11.98
MikeB 11:52  CVS 52 week high
Doug S 11:53 28.3
Frank W 11:53  REGN is at an interesting level
Doug S 11:53  STMP once 27.34 is broken
MikeB 11:54  DNDN still going
Doug W 11:55  ALNY moving back up a bit now 9.85
Julie R 11:55  vol increasing last 4 days in PBR, today b/o resist 5 k calls added today to the Feb 30s with an OI of 1100
Randir 11:55  PWRD little sell off
Bob S 11:56  AMLN breaking 200 MA
Jeff D 11:57  QCOM
Lin 11:59  out mcp another22c
Doug S 12:00  STMP hod
Sheila 12:04  CECO hod
Lucky 12:06  CIE day high
Rick 12:12  @Julie R: the OI stands for the open interest, is that correct?
Randir 12:13  LVS on a tear…missed that one!
MikeB 12:13  MGM trading above 12 11.94 is 200 day ma
8ball 12:14  mcp
MikeB 12:15  MCP on CNBC
Randir 12:16  its temping to buy MCP at the high..but ill break the rules so im not
Leon 12:17  true
Julie R 12:17  Rick yes
Jignesh 12:17  Pete not powerful as his brother
Benjur 12:18  guys
Benjur 12:18  watch thsi euro
Benjur 12:18  it’s shooting up
Benjur 12:18  like mad
Benjur 12:19  a 1.28?
Julie R 12:19  inverted h and s on SPY as posted playing out
Mary Beth 12:19  MCP over 30
Benjur 12:19  it was 1.26 yesterday
Lin 12:19  aapl picking up the low fruit
Lieu 12:20  out of LVS for 30c
Sheila 12:20  BHI up almost $1 off lod
Benjur 12:22  sheila nice call
Benjur 12:22  imma intiate
Benjur 12:22  small here
Benjur 12:22  on BHI
Benjur 12:22  this market seems liek each pull back has been bought
Benjur 12:22  reminds me of last year right before a huge sell off
Sheila 12:22  Bought BHI 48.25
Benjur 12:22  only difference is rates yesterday
Benjur 12:22  yeah i just bought the bid
Benjur 12:23  looking for a full position in the low 40′s
Benjur 12:23  probably 5%
Benjur 12:23  of position on
Lieu 12:23  8B, WLT positive now
Barclay F 12:24  Sina about to break!
MikeB 12:25  YOKU pushing higher
Barclay F 12:25  SINA broke major resistance
MikeB 12:25  YOKU 19.19
MikeB 12:26  YOKU 19.30 is 100 day ma
MikeB 12:26  WOW
MikeB 12:26  NICE move
Barclay F 12:27  could use a read on resistance levels here for SINA 8ball or Melnick
Barclay F 12:29  whew! our of SINA for $2
Lieu 12:30  LULU, sheila
Barclay F 12:30  trailing stop hit within 9 cents of high, no telling where this will go
Barclay F 12:32  what a trip, was shorting SINA with 400 shares in the low 59′s, when it reversed, bought 1000 shares wiping out the short an riding that breaktrhough, , lot of work for a bit of profit
Julie R 12:32  great job Barclay!
Barclay F 12:33  and look at that dirty dog GMCR refusing to move with the market, hate that stock
Julie R 12:34  SINA premrkt high $62
Sheila 12:34  Barclay, you have to give up the coffee it is making you too upset!
Sheila 12:34 Try Yoga for relaxation ( LULU)
Benjur 12:34  lol
Benjur 12:34  YOga…
Benjur 12:34  i do yoga
Sheila 12:34  I don’t
Benjur 12:34  todays’ my p90x yoga day
Benjur 12:34  hahah
Julie R 12:35  omg my sister did that P90X, intensive!
Sheila 12:35  Bnjur, you never said who you swam for
Sheila 12:35  Benjur
Benjur 12:36  oh i didn’t swim for any special
Benjur 12:36  just my HS team
Benjur 12:36  as well as the Oakland barracudas
Benjur 12:36  but way long ago
Julie R 12:36  but her body was ripped after the program
Benjur 12:36  oh i hope it works
Benjur 12:36  except i probalby have to the program
Benjur 12:36  like 5 times
Benjur 12:36  <– a bit over weight…
Benjur 12:36  8Ball
Benjur 12:36  watch this euro
Benjur 12:36  crazy
Benjur 12:37  jumped off our auction last night
Benjur 12:37  looks like a breakout on the FXE
Sheila 12:37  anyone watching CROX?
Benjur 12:37  if it can get above 128.00
Barclay F 12:37  so GMCR here with 8 red 5 on bars in a row, how unlikely is a 9th? I can guarantee a 9th by going long here
Sheila 12:38  the Barclay indicator. Let me knwo what you do! lol
Semi 12:39  In observance of Martin Luther King Jr. Day, the stock and bond markets will be closed on Monday, January 16, 2012.
Benjur 12:39  good call semi
Benjur 12:39  for you option traders
Benjur 12:40  keep in mind that is 1 less day to trade
Ian 12:40  cf is running
Sheila 12:40  An unexpected holiday for me!
Barclay F 12:40  let’s see if the barometer is working, I’mg buyins some GMCR long here, quick everybody short!
Sheila 12:42  CECO is not exciting but it has been going up slowly.
Sheila 12:44  DVN positive again
Sheila 12:45  WFT positive as well. Perhaps a reversal in the Oil sector?
Ian 12:45  erx is of the lows by alot
Ian 12:45  off*
David M 12:46  went to dunkin doughnuts, great coffee, sandwich is iffy
Ian 12:47  dunkin has sandwhiches ?lol
David M 12:47  yeah theyre trying to
Ian 12:47  haha idk bout all that
David M 12:48  me either i had an xmas card to use
Semi 12:49  Dunkin makes a nice Boston Cream sandwich
David M 12:51  lol thats i am sure of, go long mcd i guess
Barclay F 12:53  uh oh, I am positive in a GMCR trade, what do I do?!
Ian 12:54  lol put ur stops
Doug W 12:55  ALNY hod
Barclay F 12:56  but if I go positive in a GMCR trade, I’d start worrying about the Mayan calendar coming true
Ian 12:56  volumes pretty light idk if can go much higher
Ian 12:57  maybe after lunch
Barclay F 12:58  Wow!, I moved my stops up and actually made money on GMCR! After Schwab is done raping me for the transaction, I made $13.73! I am a trader.
Lin 12:59  aapl added calls
Sheila 13:00  anyone with insight to CECO?
Ian 13:01  got downgraded the other day
Pepino 13:01  SPY …..yest HOD 129.37….. and 129.42 the resitance levels to face now………another sell the morning and buy the afternoon…
Ian 13:01  i think
Lieu 13:02  DOW positive, go
Barclay F 13:02  BMC breaking daily descending channel resistance on volume
Mark Melnick 13:02  Barclay NICE
Mark Melnick 13:02  on GMCR
Mark Melnick 13:02  lol
Pepino 13:03  QQQ yest high 58.29 and day before 58.40
Sheila 13:03  is 18.60 still the trigger for CROX?
Lieu 13:03  Mark, MCP wedging?
Julie R 13:04  Pepino agree, buy the dip continues, and that level of 128.60 was support, horizontal and the bottom of the ascd channel, congrats to those who went long there
Sheila 13:05  LULU dropping
Lin 13:05  mcp volatility squeeze
Doug W 13:06  Actually making some trickle up money on MDT today.. Got in at the bottom of a 5min volatility sqz and been working higher last 30 min
Barclay F 13:07  BMC is an odd duck, it continues to come down to 31.62 – 31.84, then run up and break the daily descending channel it’s been on for a long time, then fall back in. Very consistent pattern, it is breaking that resistance now. Of course it does have decent reccomends on it, so be careful
Benjur 13:08  big big big day tomorrow morning
Benjur 13:08  JPM earnings
Benjur 13:08  i’ve taken some of the profit and bought protection for these bank names
Benjur 13:08  since they’ve MOVED SO MUCH
Benjur 13:08  crazy chart on trina there 8ball
Mark CB 13:09  Option Traders, took WBMD Jan 30 Call option at 0.15 cents. 10 caontracts cost $150 risk. If stock can get up to $30 in the next 8 days the options could be woth over $1.50
Benjur 13:09  ill tkae your word
Benjur 13:09 :)
Benjur 13:09  IMO, if oil
Benjur 13:09  starts spiking
Benjur 13:09  toward
Benjur 13:09 115
Benjur 13:09  these names got some room to run
Benjur 13:10  forget just TSL
FLASH 13:10 Novavax (NVAX) Spiking Higher on Heavy Volume; Currently at $1.38, Hearing Strains of Swine Flu Found a Few States
Benjur 13:10  look at YGE,
Benjur 13:10  Sunpower
Benjur 13:10  and then look a tthe led names
Benjur 13:10  btw
Benjur 13:10  8 ball is there news on HCBK?
Benjur 13:10  it’s down heavy today
Barclay F 13:11  Melnick,, what do you think of the flag on SINA here, bull flag digestion of trinagulations wedge?
Doug W 13:12  MCP starting to move again
Julie R 13:13  Solars w/ highest short float JKS 24.5% TSL 24% LDK @% YGE 15% SOL 8% JASO 7%, HUGE call vol on all these yesterday, Feb 13 dept of commerce wil make a decision on whether or not to have additional tariffs on Chinese imports of solar cells/equipment
Barclay F 13:13  should have called it descending wedge on SINA
Doug W 13:15  TSCO all time high today. Gapped up $4+ this morning. Holding well.
Benjur 13:17  nice pink sweater
Benjur 13:17  fool
Benjur 13:17  btw i cnat’ hear you
Lucky 13:17  yawn – did market close early?
Benjur 13:17  yes
Lucky 13:17  yes
Barclay F 13:18  Oh my god, it’s Melnick!
Barclay F 13:18  But who’s the guy in the glasses?
Mark CB 13:18  lol
Benjur 13:18  no you didn’t
Benjur 13:18  u didnt’ bring out the bear
Benjur 13:18  put it away please…
Hafty 13:19  lol
Benjur 13:19  can you not do your best carmer impersonation
Doug W 13:19  Bear beater
8ball 13:19  WTF?
Julie R 13:19  love the visuals
Benjur 13:19 :)
Benjur 13:19  lol
Barclay F 13:19  do you spank the bear?
Ian 13:19  hahaa
Mary Beth 13:19  LOL…Mark your too funny
David M 13:19  this is better than cable
Benjur 13:19  shines
Benjur 13:19  this is beyond enterntainment
Benjur 13:20  it’s hyterical
Benjur 13:20  hysterical
Barclay F 13:20  Long SINA breaking resistance again
Semi 13:20  lol, MM hijacked the room feed….
Doug W 13:20  ALNY making new highs
Doug S 13:21  CNQ interesting to me here
Benjur 13:21  what happened
Benjur 13:21  where is my entertainment
Benjur 13:22  loud and clear
Doug W 13:22  yes
Doug W 13:22  very loud
8ball 13:22  adjust ur mic Shine
8ball 13:23  ALNY avove 10!!
Doug S 13:23  LOL:)
8ball 13:23  above
Benjur 13:23  can you not lie to him?
Amit 13:23  miami Marquies is awesome.
Julie R 13:24  Mark’s handsome
Doug S 13:25  jan 30
Doug W 13:25  FEB 1
Benjur 13:25  yeah feb 1
Amit 13:25  feb 1 GMCR reports
Ara 13:25  Hi David!!
Benjur 13:26  yacht
Benjur 13:26  wheres the invite?
Barclay F 13:26  nasty, nasty GMCR
Benjur 13:26  england
Julie R 13:26  Shine you missed a lotto trade called out Friday just for you, big winner, but we’ll do it again, expir play
SHINE ON 13:27  julie which one?
Julie R 13:28  SINA short, huge % move in 30 min eod
8ball 13:28  ALNY 10.20
Ian 13:28  how many monitors u got mark
Ian 13:28  lol
Benjur 13:28  yes mark how many monitors do you have
8ball 13:28  stop at 10.14
8ball 13:28  ALNY
Julie R 13:28  most likely in chat notes
Amit 13:31  ALNY looks good 8 ball. CEO just bought his own stocks
Doug W 13:32  Lovin ALNY 8ball
8ball 13:33  ALNY 200mil in cash
8ball 13:34  whats not to love Doug!
8ball 13:34  10.37 breakout back to july size vol today
Lieu 13:37  FOSL does not stop no chasing
Sheila 13:37  LULU below 61
Benjur 13:39  well
Benjur 13:39  dave
Benjur 13:39  we all know the fundamentals
Benjur 13:39  which palgued them since the euro criss
Benjur 13:39  but as i noted last year
Benjur 13:40  lets discuss later
Barclay F 13:40  ouch, Julie you had the short right on SINA, I waited too long to get out of my long and gave up some of today’s profit
James V 2 13:40  PWRD
SHINE ON 13:42  benjur, good to c u!! nice blog you wrote on www.shinesroom.com
Julie R 13:42  Barclay, wasn’t short Sina today, that comment was for last Friday’s waterfall end of day trade. I couldn’t think of going bullish until it at least dbl bottomed on the daily and my technicals gave the ok, that’s why I was bearish prior to that, congrats today on your earlier Sina trade!
Benjur 13:43  np
Benjur 13:43  always a pleasure to write when i can
Benjur 13:43  btw shine
Benjur 13:44  about the banks
Benjur 13:44  tomorrow is teh day we find out more 7:30 yourtime
Benjur 13:44  JPM first to release…
Pepino 13:46  XLF failed first attempt to take the 200day SMA at 13.98…. never has seen that MA since May 2011
Benjur 13:47  i have a shotty internet connection
clong 13:48  speak up if you can benjur….a little low
jc 13:54  can hardly hear anything
Dan K 13:56  hey can you turn up your mike please?
Amit 13:56  can’t turn up volume on PC
jc 13:56  i don’t think they’re looking at the chat area….
Amit 13:57  Oh well……
Mark CB 13:57  Hudson City Bancorp (NASDAQ:HCBK) was downgraded from Neutral to Reduce at Nomura today
clong 13:57  Benjur’s very low volume
Lucky 13:57  Hard to hear
Don S 13:57  Go Vegas
Amit 13:57  man you need some energy drinks form HANS :-)
gregg 13:58  how do you play the onling gamin SGMS??
Benjur 13:58  lol
Benjur 13:58  i wish i could swing such a big bat out tehre
Benjur 13:59  for tax revenie purposes ppl are looking into it
Amit 13:59  can we have playback on this segment? hahaha
Don S 13:59  thanks team
Benjur 14:00  :)
Benjur 14:00  hahaha
Benjur 14:00  please your face is scaring me
Benjur 14:00  not my children
Benjur 14:00  ^_^
clong 14:01  hahaha
Benjur 14:01  then choked it
David M 14:01  is that tim tebow
Sheila 14:01  Mark I pictured you very differently
Dan 14:02  Great to see you Mark!
Benjur 14:02  watching for a possibly sell off in teh banks later in the day
Benjur 14:02  for ppl protecting themselves
Benjur 14:02  prior to JPM earnings
Benjur 14:02  it’s been
Benjur 14:02  happening over the last few quarters
Don S 14:02  nice Mark thanks for everything
Benjur 14:02  also watch teh move in BRCM
Jeff D 14:02  CELG starting its next push???
Mark Melnick 14:02  Please send all feedback to info@shinesroom.com
Mark Melnick 14:03  good and bad
Mark Melnick 14:03  :)
Lucky 14:03  DMND moving back up
Julie R 14:03  Sheila, I know you follow the oil names, you see this DO?
Doug S 14:05  EXAS pushing out
Jeff D 14:06  ok
Sheila 14:06  Julie I hadn’t been watching that one
Sheila 14:07  Wish I had been!
Jeff D 14:07  Julie, is it the Feb 57.50 vol catching your eye on DO?
Julie R 14:08  I see that, but no position, good eye : )
Amit 14:10  Mark, what is your view on INVN chart? Any levels? Thanks
Barclay F 14:11  Julie, still short SINA?
Julie R 14:13  no, read my last post to you
Pepino 14:15  POT HOD
Doug S 14:15  stmp hod
Jeff D 14:16  All, I’ve been fighting the tempation all day to pick up some COG after yesterday’s big sell off. It’s down another 1.5% today. Does anyone have a technical read on the current chart? For instance, am I seeing a double (or even triple) bottom on today’s 5-min chart – and if so, does it matter? Any thoughts welcome and appreciated!
Amit 14:18  Thank you Mark
Benjur 14:18  btw
Benjur 14:18  i’m also starting to look at nat gas names
Benjur 14:18  they have been getting killed
Benjur 14:19  only as a trade
Benjur 14:19  and only with options
Benjur 14:19  so i know my risk reward
Semi 14:21 jeff re COG on the daily chart (not the 5 min).// a nice bounce off a “double bottom” if you count the 200 DMA as a bottom
Doug S 14:21  STMP breaking AC resistance on it’s 15
Barclay F 14:22  that’s it, I’m out with my $13.73 from GMCR
Semi 14:22  Mark, check the 200 SMA on cog
Jeff D 14:22  got it. thx mark. thx semi.
MikeB 14:22  UAL pop
Mary Beth 14:22  UAL hod
Semi 14:23  it bounced off at todays low
Alex S 14:23  I had tsco as a swing lagest position sold 3rd can not deciede what to do what are your thoughts
Julie R 14:24  CREE cup and handle interday
Randir 14:25  wtw popin
MikeB 14:26  WYNN hod still down over 25
MikeB 14:26  over 2 %
Randir 14:27  thx bud
Lieu 14:33  AGQ negative for the day
8ball 14:36  CF positive
Lieu 14:37  PC shipment is down in 2011, AAPL PC up 16%, rest is down
Julie R 14:37  BA finally a b/o of multi day flag
Julie R 14:37  SPY
Ian 14:37  wild day in erx lol
Bob S 14:38  AAPL starting to look like a move
Doug S 14:38  GOOG daily stochastics now under 20 for 2 days in a row
Mark CB 14:41  If you want to read a good article on Natral Gas stocks follow this link : http://www.thestreet.com/story/11374944/4/the-catch-22s-keeping-nat-gas-stocks-in-the-icu.html
MikeB 14:41  BWA hod
Alex S 14:43  thanks 8ball
MikeB 14:44  WBMD hod
Benjur 14:45  buy high
Benjur 14:45  sell higher?
Benjur 14:45  BA julie for me has a long long airplane cycle
Benjur 14:46  lots of planes are in need of replacement
Benjur 14:46  for me it’s buy airlines
Benjur 14:46  makers
Benjur 14:46  and short airliners
Benjur 14:46  as capital expenditures
Benjur 14:46  are most likely going to increase
Jeff D 14:46  BA 50 SMA crossing 200 SMA today?
Lin 14:46  what is RNA that alny is involved with
Benjur 14:47  getting pretty heavy
Benjur 14:47  TBT
Lin 14:47  cant pronounce the company name and not sure what they do…….welcome to shines room!
8ball 14:48  which one Lin?
Lin 14:48  alny
8ball 14:48  alny
Lin 14:48  i own it
8ball 14:48  alny
Lin 14:48  sick
Jeff D 14:49  not to be confused with NLY !
MikeB 14:49  WYNN another high now only down over1%
Lin 14:50  say that twice
Lin 14:50  tastes gr8
Julie R 14:51  SPY weeklies up 100% since the support low we called out at the 128.60 area
Semi 14:52  for small biotech players …ARRY
Amit 14:52  RAX being mntioned on CNBC
Amit 14:53  :-)
MikeB 14:55  RIMM day hhigh
Lin 14:55  i am chokeing on RNA go Anly
Lin 14:55  alny what ev
Julie R 14:56  earnings next week include C WFC CREE GS PNC USB FFIV EBAY WDC BAC BBT FCX MS UNH AXP GOOG IBM INTC MSFT GE DLB STI, some great opportunites coming!
Hafty 14:57  not going to step in front of LIVE..but that holding was disclosed 1/5
Benjur 14:58  i really dislike to use the words “risk on”
Benjur 14:58  but i mean it literally is risk on
Benjur 14:58  AA?
Benjur 14:58  after earnings?
Benjur 14:58  shooting towards 10?
Benjur 14:58  these coal names
Benjur 14:58  coming back?
Hafty 14:58  great job on that HSOL 8ball
Benjur 14:59  drillers
Benjur 14:59  slow
Benjur 14:59 0.01%
Benjur 14:59  hahaha
Jignesh 14:59  i found bank that give 15%
Jignesh 14:59  shines bank
Sheila 14:59  I picked the wrong sector today
Benjur 15:00  lol?
Benjur 15:04  read this article guys
Benjur 15:04  http://blogs.wsj.com/marketbeat/2012/01/12/investors-talking-like-bulls-but-investing-like-bears/
Benjur 15:04  interesting
Julie R 15:06  Sheila, I hear you, I was long GDX, ripped only to fall, it was strongest at the open then lower all day, can’t all be winners
Sheila 15:06  I guess my gut feeling was really off today. Oh well
Julie R 15:09  GS
Benjur 15:12  well i’m long feb gdx call spreaeds
Benjur 15:12  only as a hedge
Benjur 15:12  i hate that dollar
Benjur 15:12  jsut watch the other commods
Benjur 15:12  AA
Benjur 15:12  BTU
Benjur 15:12  VALE
Pepino 15:13  RIMM finally at the 50 day SMA 16.46
Benjur 15:13  i mean look at the pop today
Benjur 15:13  1.26 to 1.28
Benjur 15:13  if any strength in the euro
Benjur 15:13  eveyrone and their motehrs are short EUR/USD
Benjur 15:13  if you get a nice squeeze
Benjur 15:13  BOOm
Benjur 15:13  i’d be interesting…
Benjur 15:15  a money tree
Benjur 15:15  8ball
Benjur 15:15  a money tree
Julie R 15:16  thinking nice pop for mrkt, crowded trade short FXE
Benjur 15:17  ur short fxe?
Jeff D 15:17  Hey Julie, re: GS – what do you make of the big volume today in the 105 calls expiring tomorrow? That’s quite a stretch for 24 hours…..
Jeff D 15:18  …and pretty puny premium to sell?
Randir 15:18  check out BCRX
Benjur 15:18  watch IRE
Benjur 15:18  if it can get to 6
Benjur 15:18 5
Benjur 15:18  might have that mutual fund effect
Benjur 15:18  wilbur ross is int eh trade
Benjur 15:18  it’s my most speculative banking name
Benjur 15:18  for me my thougths either a 10 bagger
Benjur 15:18  or a bankruptcy
Benjur 15:19  ”sepculative”
Julie R 15:19  Jeff could be an earnings play/gamble on JPM?
Benjur 15:19  julie look at teh jan 20 expi 36 straddle
Benjur 15:19  i think its’ going for like
Benjur 15:19 1.7
Benjur 15:19  or so
Benjur 15:19  it’s not a lottery ticket
Benjur 15:19  but if i were to bet on a lottery ticket
Benjur 15:19  it would be tot eh downside
Benjur 15:19  at least thats the way i’m protecting myself
Benjur 15:20  35 jan
Benjur 15:20  for .11
Benjur 15:20  i mean u bet 5 of those
Benjur 15:20  JPM falls 10 %
Benjur 15:20  ur looking 3 pts
Benjur 15:20  down to 34
Benjur 15:20  ish
Benjur 15:20  could be an interesting play
Benjur 15:20  i might enter it now
Benjur 15:20  lol
Julie R 15:21  JPM market maker expected move lke $1.11?
Julie R 15:21  CREE hod
Benjur 15:21  yea but look at the move ont he year
Benjur 15:21  almost 8+ %
Benjur 15:21  people are giddy
Benjur 15:21  me included
Benjur 15:21  when i start getting scared with the moves we had
Benjur 15:21  eek
Julie R 15:22  doesn’t JPM historically pop and fade every eaarnings?
Julie R 15:22  typing fast sorry about spelling
Benjur 15:23  no your right
Benjur 15:23  it fades
Benjur 15:23  hence why i’m long
Benjur 15:23  puts and long stock
Ian 15:23  any one got any insight on crudes market action
Benjur 15:23  i didn’t rid myself of my position
Benjur 15:23  yeah crude is acting wierd down big todya
Julie R 15:24  no guarantee about tomorrow, I thought that strategy was for xpected big moves, like GOOG etc, you;ll have to explain it to me’
Ian 15:24  where do u see prices headed
Benjur 15:25  woulnd’t be surprised
Benjur 15:25  ian for me 90 floor
Benjur 15:25  on oil
Benjur 15:25  i’d be a buyer
Benjur 15:25  for maybe 3 pts
Benjur 15:26  if oil plummets further
Bob S 15:26  Thanks 8ball on ANLY. I played it with options, double, not bad!
Benjur 15:26  i’d probably start looking at my integrated
Ian 15:26  ya i feel that …thinking about the strait of hormuz
Benjur 15:27  and look at possilby taking them off
MikeB 15:27  watch C above 31.40
Benjur 15:27  but i wouldnt’ be surprised in a sell off in JPM as i said earlier
Benjur 15:27  intot eh close
Benjur 15:27  it’s already off 50 cents form the highs
8ball 15:27  cool Bob S!
Ian 15:28  mark or whoever wanna take a quick look at the erx chart
Benjur 15:30  cog low
Benjur 15:31  financials i’m holding?
Benjur 15:31  BAC, BCS, C, GE, GS, HBAN, HCBK, IRE, JPM, MS, PNC, STI, TBT, V
Benjur 15:31  lol it’s sickening…
Lieu 15:31  DOW up 20 points without the oils, what if XOM, cvx participate?
Benjur 15:32  uhh yeah
Benjur 15:32  u’d be up huge
MikeB 15:32  129.56 res on SPY
Benjur 15:32  sort of the story of yesterday
Benjur 15:32  only down 2
Benjur 15:32  after CVS reported loss
Mark Melnick 15:32  Sold ghalf C 5 c prof
Mark Melnick 15:32  1k remaining
Ian 15:33  its action packed for sure
Benjur 15:33  i don’t think i can do what you do mark
Benjur 15:33  it’s too hectic
MikeB 15:34  SPY has to go over 129.56 for C to keep working
Ian 15:34  thanks guys
Mark CB 15:35  WYNN pulling back
Jeff D 15:35  volume coming in onm JPM 37 weekly call….
Dow5100 15:35  I would be a bit surprised if the SPY closed higher than today’s open 129.57 and/or same idea on the eminis
Benjur 15:35  ><– i am
Benjur 15:35  dow
Benjur 15:36  i agree
Benjur 15:36  i was looking for a down day
Benjur 15:36  ppl taking profits into the close prior to JPM earnings
Benjur 15:36  financials still make up over 12%
Benjur 15:36  of the S&P
Benjur 15:36  if they have bad earnings
Benjur 15:36  could take down the market single handedly tomorrow
Benjur 15:36  if good
Benjur 15:36  vice versa
Benjur 15:36  hence why i’ve been playing straddles
Benjur 15:36  esp wit the vix in teh low 20′s
Dow5100 15:37  If we do closed lower that may indicate that we put in a top for the next few days
MikeB 15:38  here we go
MikeB 15:39  JPM big volume to the upside
MikeB 15:41  SHLD hod
MikeB 15:42  SPY 129.54 has to break 129.56
MikeB 15:43  SPY 129.56
MikeB 15:43  ty SIR
Ian 15:45  erx on the move a bit tryna catch it
Benjur 15:46  look at fund managers above 5
Benjur 15:46  MSFt
Benjur 15:46  day highs
Benjur 15:46  WOw
Pepino 15:48  SPY 129.65 the resistance/breakout………01/10 HOD
MikeB 15:48  ty SIR
MikeB 15:48  LOL
Ian 15:48  haha
MikeB 15:48  nice trade Mark
Benjur 15:49  S&P 1500?
Benjur 15:49  this year
Benjur 15:49  i’m done
Benjur 15:49  i quit for the year
Benjur 15:49  lol
Benjur 15:49  come back 2013
Benjur 15:49  someon knows osmething
Benjur 15:49  maybe managers finally decided
Benjur 15:49  to buy it
Benjur 15:49  i’ve been buying since 19
Benjur 15:49  hence marks
Benjur 15:49  charting
Benjur 15:50  bought 23 march calls against teh puts i sold
Benjur 15:50  god i miss this on a day to day basis
MikeB 15:51  10 min left
clong 15:51  Benjur!
Amit 15:51  QCOM feb 55 call looks intresting
Mary Beth 15:52  igt
Benjur 15:53  JPM
Benjur 15:53  i’ll try to be on tomorrow morning
Benjur 15:53  depending on what time i finish my yoga destress work out tonight
Benjur 15:53  see you gusy tomorro
Benjur 15:53  w
Benjur 15:53  lunch meeting
MikeB 15:53  se you Ben Good luck
Julie R 15:54  good night Benjur, ty for popping in
Mary Beth 15:54  very nice
Bob S 15:54  out at .08, THX
Jordi 15:55  thx !!
Mark Melnick 15:55  thx Mary
Bob S 15:55  that IGT was the icing on a good day. I’ll call it quits now.
Mark Melnick 15:55  LOL GOOD SELL GUYS!
Mark Melnick 15:56  same here bob
Lieu 15:57  just mentioned on CNBC 10 min ago
Lieu 15:57  IGT just like 8B mentioned double down machines
Doug S 15:58  ANGI at 15, next daily resistance over 16
Julie R 15:58  looking at the SPY candle, looks almost like a dragonfly doji/daily will watch to see if tomorrow confirms
Doug S 15:59  Awesome day you guys!
Julie R 16:00  Have a great night everyone, so good to “see” you Mark!
Ian 16:00  good stuff
Amit 16:00  Thanks
Ian 16:00  thanks guys
Jordi 16:00  great da YY thanks guys
Sheila 16:00  Good night
Mark Melnick 16:01  THANKS JULIE! I appreciate everything you do and your kind words
Ian 16:01  take care of yourselves and each other
Amit 16:01  Priceless? Looks like MA is ready for pullback
Ian 16:02  haha take care yall
MikeB 16:02  Good night all
Don S 16:02  thank you team
Lily 16:03  ty

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