Shine’s Trading Room Stock Market Research Report Chat 01-18-12

 

 

 

 

 

 

 

 

 

 

 

 

 

Name Time Chat
FLASH: 7:24  Good Morning
FLASH: 7:52  Goldman Sachs (GS) Reports Q4 EPS $1.84 vs $1.24 Est; Revenues $6.05B vs $6.54B Est
FLASH: 7:53  Rumors of Pfizer (PFE) Buyout of Jazz Pharmaceuticals (JAZZ) for $60/Share
FLASH: 7:57 Samsung: We Have No Interest in Acquiring RIM (RIMM)
FLASH: 8:04  ZELTIQ Aesthetics (ZLTQ)Receives Positive Mad Money/Jim Cramer Mention
FLASH: 8:08 Wedbush Says Idenix Pharmaceuticals (IDIX) Takeover Target of Merck, Johnson & Johnson, Abbott Labs; $24/Share
Lucky .: 8:19  Good morning
Bob S: 8:24  gm
Sheila .: 8:25  GM
Bob S: 8:29  looks like AAPL will challenge the all time high again today
WTS 001: 8:37  test
FLASH: 8:43  Cree target lowered to $28 from $46 at Sterne Agee
Jim Broderick: 8:43  hey mark, what do you think of BVSN
WTS 001: 8:44  i can not hear anything, am i supposed to?
Mark CB: 8:48  Good morning
8ball: 8:51  broadcast begins @ 8:55
WTS 001: 8:51  thanks
Semi .: 9:04  gm
gregg: 9:05  what stock did the secondary??
Mark Melnick: 9:08  KUTV long trigger 4.04 YHOO long trigger 16.16 long trigger 16.40 NGLS short trigger 37.60 TASR long trigger 5.32 IDIX long trigger 14.89 AAPL long trigger 426.70 GMCR long trigger 51.60 MS short trigger 16.10 C short trigger 28.16 WFR long trigger 4.94
Bill D: 9:09  Good Morning!!
Julie R: 9:11  Good Morning, watching the SPY 5day/5 min chart seeing a head and shoulders pattern, price is on the neckline now, watching this here, have a great day!
Juan M: 9:12  gm
Lily .: 9:18  gm
8ball: 9:19  NGLS secondary 4mil @ 38.3
Barclay F: 9:19  Jullie, what’s theneckline number?
Pepino: 9:23 SPY levels to watch: 129.83 ( Fibo resistance) , 129.70 ( 50% of yesterday’s range) ,129.42 ( important) ………………………129.22, 129.09, 129.06 (LOD) 128.95 ……..…………..…128.52 , 128.38 ( 1/3/12 HOD)………………………………. 128.02, 127.78, 127.60, 127.42(1/3/12 LOD)
Julie R: 9:23  on ES 1287 -1290 area, drawn the line from the chart mentioned
Semi .: 9:23  J.R. .. I was looking at IBM chart 2 days ago and thought about H&S ($15 downside risk). So naturally IBM went up yesterday ;>)
Julie R: 9:23  saw the same thing Semi : )
Mary Beth .: 9:24  good morning all!
8ball: 9:26  MCP 27.71 sma 30
WTS 001: 9:27  gap on COOL
Pepino: 9:27  C very close to 50 SMA 27.66
Semi .: 9:30  lol shine taking a bow
Bob S: 9:31  BRCM running
Sheila .: 9:31  LNG
Mary Beth .: 9:31  ENER
Hafty .: 9:31  nice level on C..Mark
John Dulany: 9:32  STMP
Lin .: 9:32  gs
Pepino: 9:33  Citigroup..I do not see any reason being so close not to test that 50 SMA 27.66
Lin .: 9:33  wynn
Mary Beth .: 9:34  uri
Barclay F: 9:34  MA big push out
Sheila .: 9:35  GMCR below 50
Lin .: 9:36  aaples
Pepino: 9:37  BRCM
Semi .: 9:37  IYT ..transportation index down a little yesterday, starting down a little today…isn’t transportation a leading indicator of production (yes, I know one day doesn’t indicate anything…just a FWIW)
Jeff D: 9:37  ALNY now down 6% on the day
Lieu .: 9:38  AAPL
Doug W: 9:38  IPI gap down .94%
Mary Beth .: 9:38  OSG
Doug W: 9:39  DNDN up
Pepino: 9:40  C 1 penny of target…
Sheila .: 9:40  SLB up almost a dollar from lod
Barclay F: 9:40  sold out of my MA swing shares at 350
J D: 9:42  CE
Semi .: 9:43  small medical device maker … BSDM
Julie R: 9:43  strongest sectors Semis coal slv oih tech, weakest insurances airlines and utilities
Barclay F: 9:43  going to go back to a lottery ticket I shared last week. CLNH, a REIT that was at one time at $21 and now is $.08 after the subprime debacle, they’ve reorged, have revenues, but it is highly speculative. anyhow, there has been odd action with major buys coming in and creeping up $.005 per day
Semi .: 9:44  BSDM
Doug W: 9:44  GOOG down today, $5 anyone hear anything? I know they’re reporting on Thurs but .haven’t heard anything negative
MikeB .: 9:45  Good morning all
Lin .: 9:45  android in seeking alpha?
Julie R: 9:45  Doug it was a downgrade
Doug W: 9:45  Thanks Julie. I hadn’t heard that.
Barclay F: 9:45  Melnick, what was that supportr number on GMCR?
Jeff D: 9:45  QCOR
Rider: 9:47  Yang got the boot
MikeB .: 9:47  watch rimm
Julie R: 9:48  PCLN follow through day
Doug W: 9:48  WLT back up to flat for the day
Hafty .: 9:48  GMCR getting close to breakout point from yesterday 49
Doug W: 9:48  Now positive
MikeB .: 9:48  PCX 7.40
MikeB .: 9:49  ACI up over 2%
Doug W: 9:50  MS now positive
MikeB .: 9:50  WLT uestrady high 60.74
John Dulany: 9:51  in DLTR
Hafty .: 9:51  GMCR low of 49.08..quick 25c bounce
David M: 9:51  8Ball our buddy psmt filled its gap
MikeB .: 9:51  BAC hod 6.57
8ball: 9:53  psmt thats a swing off the 200!
Julie R: 9:53  PCLN calls kicking it up over 500% from the open
Joe K: 9:53  DMND – moving…
Joe K: 9:54  sorry, moving up rapidly…
MikeB .: 9:54  RIMM failed to make a new high
Hafty .: 9:55  INTC negative..was strong earlier
Mary Beth .: 9:56  URI approaching 52 wk hi, was mentioned recently in Barrons round table picks for the year
phil: 9:57  Premiums on Friday USO calls that are out of the money very high….4 cents for 42s, 3 cents for 43s
Doug W: 9:57  Just dumped my AAPL, yeah, it’s not acting right long
Mary Beth .: 9:59  CY hod
Julie R: 9:59  AMZN
Doug W: 9:59  LVS working on 6th straight up day, at some resistance now
Dan T: 10:00  MPC nice move up
bart ross: 10:00  look at incy
Frank W: 10:00  watch FOSL
Doug W: 10:00  Thanks for the heads up on C Mark. Ringing the register on that one already.
Lin .: 10:00  ccl may be bottom fish play off calamity in italy
Rider: 10:01  Bogus
MikeB .: 10:01  HOME BUILDERS pushing higher
Julie R: 10:01  SPY bounced off the neckline and never looked back
Hafty .: 10:01  GMCR nnice buck move off low
Sheila .: 10:01  GMCR back above 50
Bob S: 10:03  NEM bouncing
Sheila .: 10:03  SLB hod
Doug W: 10:03  AAPL working on a 15 min green stick. now above 427 again
Hafty .: 10:04  EK on rumor of einhorn stake
David M: 10:06  usg over 14
John Dulany: 10:06  DLTR close to break out multi month base..and 52 w hi
Bob S: 10:06  CCL HOD
MikeB .: 10:08  PHH
Lucky .: 10:08  DMND day high
MikeB .: 10:08  PHH
jeff: 10:08  KUTV, is it at a buyable pullback?
Hafty .: 10:09  CROX takeover rumors
MikeB .: 10:10  PHH what a move
Dan T: 10:11  great heads up on PHH, Mike
John D: 10:12  QRM missed
Doug W: 10:13  Got that right
Doug W: 10:14  now if I can get C back at .40…..
David M: 10:15  usg spent so long as a pig, now its a lion, i guess the tell was buffets large postion
Lieu .: 10:16  8B, RES time yet? down from 21+ now at 17.42 last low was at 16+, 17+ watching for entry swing trade
Bob S: 10:16  FIO looking good
MikeB .: 10:16  DNDN 14.06
Dan T: 10:17  LEN new highs
Sheila .: 10:17  CROX hod
Julie R: 10:17  PCLN up $25 since yesterday’s morning call out, calls up big, 10 calls bought at 1.80 or $1800 if sold now your profit would be $10, 600, the power of educated option trading
Lin .: 10:18  took 5c on a gob of kutv
Lin .: 10:18  and of course it pops
Barclay F: 10:20  watch DMND pushing the trigger number
Julie R: 10:21  GS
Doug W: 10:21  MS pushing day high again, slowing right at R2 16.80
Mary Beth .: 10:22  URI hod
Doug W: 10:22  DNDN starting to move up again 14.10
Julie R: 10:22  GS 105s go from .09-,67 today so far
Julie R: 10:23  GS has the vol
MikeB .: 10:23  DNDN 14.15
Lieu .: 10:24  JUlie, PCLN is a good call
Doug W: 10:24  BBBY woo
Dan T: 10:25  PHH new highs
Rider: 10:25  PCX 50 cents off the low
Sheila .: 10:25  SLN hod out of decending channel
Doug W: 10:25  DNDN now working for a living……14.18
Julie R: 10:25  thanks Lieu
Doug W: 10:26  WLT still spankin
Lieu .: 10:26  8B, in 1000 shares of RES, bouncing 30c from low, still see value in RES with good EPS
Doug W: 10:26  MS wants $17 the way it’s looking
Sheila .: 10:27  CROX hod
Julie R: 10:27  nice Mark!
8ball: 10:27  thx for mentioning Lieu
Dan T: 10:28  PHH continued strength
Julie R: 10:28  LVS
Julie R: 10:29  OIH playing catch up
gregg: 10:29  mark on C why 11cents on C I got in early at .15 cents. How do you know 11cents would be the low??
Rider: 10:29  No matter how you slice it, all dips have been bought so far this year
Mark Melnick: 10:30  GREGG I DIDNT
Mark Melnick: 10:30  I BOUGHT 15 CENTS after IT HIT 11
Mark Melnick: 10:30  sorry caps lock on
Mark Melnick: 10:30  so instead of buying on the first pull back
Mark Melnick: 10:30  i bought after it hit 11
Mark Melnick: 10:30  than went long vs 10c
Doug W: 10:30  AAPL wedge on 15 min
Doug W: 10:31  forming up
gregg: 10:31  tks M
Frank W: 10:31  PAY
Julie R: 10:32  loving this PCLN, hope some are with me : )
Julie R: 10:32  watching the ES when it hits the 1299 level
Doug W: 10:33  WSM hits 34.76 and pulls back to .62
Lieu .: 10:33  not me, i thought I was lae at +10, now +17
Julie R: 10:33  GS continues
Lieu .: 10:33  late
wolf: 10:34  STT bouncing here, grest short
wolf: 10:34  great
wolf: 10:34  *
Dan T: 10:35  RVBD moving
Dan T: 10:36  BRCM new highs
phil: 10:37  EWZ approcahing 64.50 Oct highs
Bob S: 10:37  on RIMM, 16.95 is R3 resistnce level
Doug S: 10:38  AMZN HOD
MikeB .: 10:38  ty BOB
Bob S: 10:39  yes, the trailers work. Got a low price on CCL, traielr still worj=king
Dan T: 10:39  FSL nice pop
Bob S: 10:39  pcx
Julie R: 10:42  when ES came close to that 1299 tgt area, good to take some profits on day trade longs
Julie R: 10:43  hope everyone had a good morning, bbl
Barclay F: 10:43  watch NFLX, may be breaking a descending wedge on the 15 mins
Barclay F: 10:43  Melnick can you chack NFLX?
Doug W: 10:44  WSM second time it hits 34.24 and bounces to .40
Juan M: 10:44  ROVI testing figure
Doug W: 10:47  AAPL pulling back with the QQQs
Doug S: 10:47  AMZN right on 2 min AC support
Doug S: 10:48  Long a AMZN soldier @ 185.07 stop 184.97
Bob S: 10:49  RIMM respected the R3 level this time
Doug W: 10:49  DNDN falling
Barclay F: 10:52  big bull bear battle on NFLX
Doug S: 10:52  Grabbed 2 DMND soldiers at 31.45, let one go at 31.78 & stop on last at 31.78
Doug S: 10:53  out dmnd
Doug W: 10:54  snagged some DMND at .75 got lucky
Doug W: 10:54  maybe
J D: 10:55  MNI
Barclay F: 10:55  Melnick, can you look at NFLX, looks like wedge fight
John D: 10:56  missed WFR bounce
Frank W: 10:57  RIMM
MikeB .: 10:57  17.10 res on RIMM
Sheila .: 10:58  what were the level for CIEN? it is above 15
MikeB .: 10:58  AMRN hod 7.90
Sheila .: 11:00  thanks for the info
bart ross: 11:00  question on INCY
bart ross: 11:00  breakout spot?
gregg: 11:00  that is old news in Rimm samsung
Phillyman .: 11:01  ADTN
Lucky .: 11:02  GLD day high SLV day high
Doug W: 11:04  sweated DMND and got out at .85 just as it ran to .95 oh well, better up $100 than down $1000
Sheila .: 11:07  CROX new hod
Frank W: 11:08  OPEN
MikeB .: 11:08  RIMM 17.10 becomes support
Doug W: 11:08  SINA near day low
Doug W: 11:10  Sounds just like LA unified
Pepino: 11:12  JPM fills teh gap 36.17
Amit .: 11:12  FNSR is hod
Sheila .: 11:13  GMCR approaching day highs
Doug S: 11:13  AMZN back to 186 ask
Bob S: 11:13  After posting the RIMM level, I traded both sides, buest name of the day, tied with C
Sheila .: 11:14  GMCR hod
Julie R: 11:14  OIH strong, in order of % movers, HERO RDC ESV WFT RIG SLB OII NE CAM HAL MDR DO
Jeff D: 11:14  CROX creeping up on 19
Amit .: 11:16  Einhorn rules wall st!!
Francis J: 11:17  Mark, VRTX is it bearish now? thx.
Amit .: 11:17 even Einhorn can’t deal with Mets :-)
Doug S: 11:18  R3 Resistance on AMZN = 192.68, Pivot = 181.15. Nearing 5 Min AC Support
Dan T: 11:19  AVT good move higher this morning
Mark CB: 11:23  SNDK bull flag setup
Doug S: 11:24  AMZN nearing hod
Hafty .: 11:24  CROX new highs
Dan T: 11:25  PDCO filled the gap
Julie R: 11:25  AMZN calls up 300+% from the open
Amit .: 11:28  i used to get yelled at when I was wearing my shoes with holes. Now a days there are companies printing money ounching holes in shoes
Mark Melnick: 11:28  LOL
Rider: 11:30  MON and POT sliding
Sheila .: 11:31  SLB new highs
Jeff D: 11:32  TLT lod
Amit .: 11:33  intresting movemrnt in ARUN ahead of FFIV earnings.
David M: 11:33  idix creeping
Barclay F: 11:34  nflx day highs
Barclay F: 11:35  out of NFLX .6 profit
Jerry C : 11:35  Julie: How do you set stops for your options?
Amit .: 11:35  KUTV
Rider: 11:40  Why bullish on S, thanks?
Doug S: 11:43  NVDA at a 3 day high
Jeff D: 11:44  GS hod
John D: 11:45  GMCR day high hammer
Barclay F: 11:45  Melnick, would you call DMND a descending wedge on the 15 mins?
Frank W: 11:46  loud & clear
Doug S: 11:47  What are you using as your stop on GMCR Mark?
Doug W: 11:48  just got some GMCR @ 51.15
Dan T: 11:49  good move up in POWI today
Doug S: 11:49  Long a GMCR soldier @ 51.22, stop 51.09
Julie R: 11:49  Jerry it depends on your platform, if you have TOS I can help you
Doug S: 11:52  Moved stop to 51.19,
Doug S: 11:52  I like Mark’s ” I Will NOT lose Money today!”
Doug S: 11:53  JASo hod
Doug W: 11:54  out GMCR at .40 for a fast $200 thanks for the heads up Mark
Jerry C : 11:55  I have TOS
Doug W: 11:55  I’ll be in and out
Doug W: 11:55  sold too early again
Doug S: 11:55  Just moved stop to 51.29, still long a soldier aas well as 1000 JASO
Barclay F: 11:55  Melnick, trying to make out the pattern on DMND, descending wedge?
Barclay F: 11:56  remember GMCR has a nasty habit or running up to a trigger point and running down again, look at yesterday
Charles K: 11:56  jva trades with jva
Doug S: 11:56  Out of GMCR for 6 cents
Doug W: 11:57  AAPL back over 427 just trading in a tight range again today
Charles K: 11:58  jva moves with gmcr
Doug S: 11:58  Interesting volume on the JASO 10
Barclay F: 12:00  NFLX nice push, wish I held
Doug S: 12:00  OIH & HIG HOD
Jerry C : 12:00  Julie: I have TOS but have been getting chopped uo trying to swing options, even though I am using all the technicals.
Amit .: 12:01  Just wondering if Goldman has put GS on their conviction buy list? Nice move today in GS
Phillyman .: 12:02  NFLX moving
Barclay F: 12:03  watch DMND
Greg: 12:03  Don’t eat that crap
Barclay F: 12:03  DMND may be resolving wedge updward
Julie R: 12:03  Jerry would you like instructions on how to set stops on options?
Doug S: 12:03  NVDA looking interesting here
Greg: 12:03  Subway good
Doug S: 12:05  Lunch could cost you $500!
Julie R: 12:05  Jerry for swings on options, sometimes verticals work better rather than straight call/put buying, instead of profiting from a one way directional move w/ verticals entered at the right time, the stock can go up down and sideways and you can still make $$, just a thought
Barclay F: 12:08  DMND grinding up
Barclay F: 12:09  nobody listens
Doug S: 12:11  GS HOD
Doug S: 12:11  JASO HOD
Phillyman .: 12:12  MM check LYN today and over the last few days
Rider: 12:12  Yourr bear should give you a hug
Phillyman .: 12:12  LYB
Jerry C : 12:12  Julie: Thank you. I have to do something different than I am doing. It has been an expensive education. What do you do in expiration week and with weeklies.. Am I getting too old for this.I am a very senior citizen.
Doug W: 12:12  WLT starting to get off its butt again
Phillyman .: 12:12  MM, I mean LYB
Julie R: 12:13  Jerry for stops on options using TOS after you have entered your order, go to the monitor page , under position stmt, R click on the option, mouse over Create Closing Order, click the sell limit order, change that to a stop order and set the stop price you want. The stop price will then be based on the option price not the sotp price. You can change the DAY order to GTC (good till close) if you wish, click confirm and send to submit the order.
Julie R: 12:13  hope this helps
Sheila .: 12:14  SLB new hod
8ball: 12:14  CREE wow!
Julie R: 12:14  And those expiration week option plays are very aggressive, best to stick with other stategies, consider signing up for my class next week
Doug S: 12:15  Long an ADTN soldier @ 33.65, stop 33.54
Julie R: 12:15  Learn from my mistakes, sometimes it’s not how much you make but how much you can preserve your capital
Doug W: 12:15  Mark should have stuck around, everything on my screens coming back to life
Doug S: 12:15  Still long JASO from 2.02, stop not 2.06
Phillyman .: 12:16  CRM pop
Doug W: 12:16  Thought you were gone man
Doug S: 12:16  lol!:)
Julie R: 12:16  GS huge vol today on 100s and 105s
Doug W: 12:17  AAPL
Doug S: 12:17  yep
Doug S: 12:18  Long a soldier from .65, just moved stop to .74
Amit .: 12:18  i think everyone is calling in dominos. DPZ is HOD
Jerry C : 12:19  Julie: Thank you,, i will
Sheila .: 12:20  Make lunch before the market opens. I eat at my desk all day
Doug S: 12:20  TOL, TEVA & FAS HOD
Doug W: 12:20  Snagged another 500 WLT @ .60 now back over $61 and climbing
Sheila .: 12:20  doesn’t make for a clean keyboard though lol
Sheila .: 12:21  Get up earlier! I am up at 4:30
Doug S: 12:21  UBS getting interesting
Doug S: 12:22  working on best day ever! Thanks Mark!
Doug W: 12:22  AAPL aapproaching hod MS hod
Sheila .: 12:22  SLB above $70
Jeff D: 12:23  JPM
Doug W: 12:23  DMND pulling back from 32 now 31.61
Lieu .: 12:23  FCX day hi
Doug S: 12:24  JASO pushing out, still long from .02, moving stop to 2.07
WTS 001: 12:25  lnkd may make a move toward 72.00
Doug S: 12:25  Moving ANDT stop to 33.93, bottom of 2 min flagpoll
Lieu .: 12:26  GOOG day hi filling the gap
Doug S: 12:27  Moved stop on JASO to 2.08
Doug W: 12:27  MS pushing new highs 17.29
Doug W: 12:28  AAPL 428
Doug S: 12:28  CAT, KBH HOD
Doug W: 12:28  QQQs hod
Doug S: 12:30  ORCL hod
Doug S: 12:30  Out of JASO for 7 cents
Doug S: 12:32  You doing an educational at 1:30?
Benjur .: 12:32  ?
Doug S: 12:32  k thanks c u then!
Benjur .: 12:32  wo oh wow
Benjur .: 12:32  careful with these financials
Benjur .: 12:32  sup
Benjur .: 12:32  i got smaked yesterday
Charles K: 12:32  symc vol comming in on the up
Benjur .: 12:32  but they all report
Benjur .: 12:32  tomorrow
Benjur .: 12:32  Yahoo
Benjur .: 12:32  mic?
Amit .: 12:33  option expereration week
8ball: 12:33  classic action pre option ex …nice read Amit
Jeff D: 12:34  solid volume in the current JPM push…
Julie R: 12:34  NFLX
Julie R: 12:35  AMZN continues
Semi .: 12:36  BAC reports tomorrow
Rider: 12:37  GS impressive day with vol
Amit .: 12:37  Goog, IBM, MSFT, IBM all reproting on same day – a day before the option experation. one of these companies reports bad numbers then look out! Especially QQQ are at 52 week high- just my thought
Benjur .: 12:38  well amit
Benjur .: 12:38  a few things
Benjur .: 12:38  QQQ still 12.5 is appl
Benjur .: 12:38  everything else has a weighting but can be negated
Nancy G: 12:38  Julie, re options training, what time on the 24th?
Benjur .: 12:39  but the semis are starting to work
Benjur .: 12:39  small tech
Benjur .: 12:39  i just bought
Benjur .: 12:39 2
Amit .: 12:39  agreed. MRVL and QCOM look intresting
Benjur .: 12:39  GS 15 for fun
Benjur .: 12:39  not only that
Benjur .: 12:39  ur missed the most important
Benjur .: 12:39  BRCm
Benjur .: 12:39  they are in everything
Amit .: 12:39  yeap
Benjur .: 12:39  QCOM is mainly mobile
Benjur .: 12:39  but BRCM look at that move
Benjur .: 12:39  i bought in the 35′s
Benjur .: 12:39  kept buyign all teh way down to 28
Benjur .: 12:40  i’m even on the trade
Benjur .: 12:40  but they are my play on semis
Amit .: 12:40  telecom sector is on move and QCOM and BRCM are huge part of the telecom
Amit .: 12:40  from semi
Benjur .: 12:41  yea but i’m new to the game so keep that in mind
Benjur .: 12:41  :)
Benjur .: 12:41  I KNOW NOTHING as 8ball would say
Amit .: 12:41  join the club!
Amit .: 12:42  or should I say welcome to Shines room
Benjur .: 12:42  i’m trying to pick back PNC
Benjur .: 12:42  after selling yesterday
Rider: 12:42  Mark, you need to get a case of RAMEN noodles
Benjur .: 12:42  rider you should send him a pack
Lucky .: 12:42  AMRN hod
Benjur .: 12:43  ok just picked up a small tranche of PNC
Julie R: 12:43  as mentioned at the open Semis my biggest % sector, INTC MRVL TXN AMAT SNDK NVDA BRCM leading
Doug S: 12:43  Picked up another GMCR soldier @ 51.05, stop 50.95
Julie R: 12:43  good for the Qs
Benjur .: 12:44  julie can you guess what my largest exposure is?
Benjur .: 12:44  at least 2 sectrs
Julie R: 12:44  banks for one
Benjur .: 12:44  ok
Julie R: 12:45  haven’t read much of the chat today, we have a big snow storm in the Seattle area and my son is home from school (he’s 10)
Julie R: 12:45  trying my best : )
Benjur .: 12:45  lol
Benjur .: 12:45  tech
Benjur .: 12:45  i’m bullish our stock market and thats the way i’ve plaeyd it
Benjur .: 12:45  but iwth protection
Benjur .: 12:46  btw mark
Doug S: 12:46  Adjusted stop on GMCR to 50.89, 16 cents risk,
Benjur .: 12:46  what do we have on tap for education today
Amit .: 12:46  What? Snow in Seattle Julie? May be that explanins why MSFT is cold today? :-)
Julie R: 12:46  LOL Amit
Julie R: 12:48  AMZN calls up 400-500% from the open
Amit .: 12:50  For some reasons. i am leaning towards shorting AMZN ahead of earnings. I am just not too sure on their operating margin
Julie R: 12:51  that’s the trend after earnings, but I won’t hold through
Amit .: 12:51  taking loss of $20 on tablet might be a big hit to ovecome the YOYEPS growth- in my opinion
Julie R: 12:52  LLTC has vol, at resist
Doug W: 12:52  AAPL hod
Amit .: 12:53  AMRN is on fire
Julie R: 12:54  AMZN hits 50dema at the 189 area
Lieu .: 12:57  stops are killing me, AAPL yesterday and WSM and RHT earlier today, But need discipline
Peter N: 12:58  lng a beast
Benjur .: 12:59  IMO about AMZN
Benjur .: 12:59  is how they are going to cope in the future with having to implement tax
Doug W: 13:01  AAPL pushing higher still
Julie R: 13:02 have no idea Benjur, I’ll leave it to you to do the fundamental analysis, took the trade off a nice bottoming pattern and other technicals : )
Julie R: 13:06  Q’s SPY toppy?
Julie R: 13:09  X
Barclay F: 13:10  Hey, that CLNH lottery ticket tht I told you about is popping, on some interesting volume, just hit a number it hasn’t hit since Sep last year.
Jeff D: 13:11  CROX hod
Mark Melnick: 13:20  starting in 1 min
Barclay F: 13:21  8ball, how about a read on the SPY, looks like we are on support line
Julie R: 13:23  PM continues it fall today, with big put vol added Feb
Mary Beth .: 13:23  yes
Barclay F: 13:23  aaack!!
Barclay F: 13:24  There’s a bug on yourlip!
Semi .: 13:24  yes
Mary Beth .: 13:24  tes
Doug W: 13:24  y
Mary Beth .: 13:24  y
Roger .: 13:24  yes
Julie R: 13:24  yes : )
Jordi .: 13:24  y
David M: 13:24  yes
Julie R: 13:24  GOOG
Jerry C : 13:31  Can anybody see Marks screen?
Lieu .: 13:31  yes
MikeB .: 13:32  no I can’t
Rider 2: 13:33  SPY new highs
Jeff D: 13:33  QQQ pop w/ volume
Julie R: 13:34  ES new level I’m watching 1305
Lucky .: 13:35  Mark – cannot see screne
Doug S: 13:36  AMZN aproaching HOD
Lucky .: 13:38  sounds interesting but can’t see charts
Semi .: 13:38  to those who can’t see the screen…try closing your session and re-open it…
Doug S: 13:38  Picked up an AMZN soldier on the pullback under the whole number with 15 cent risk. Now have stop at a 49 cent profit.
Lieu .: 13:39  WSM day hi
Benjur .: 13:41  we’ve been talkinga bout V for ever
Benjur .: 13:41  since tha thuge drop
Benjur .: 13:41  i’ve held this baby on for a year
Benjur .: 13:41  via calls
Lieu .: 13:41  WSM starts pulling down?
Mary Beth .: 13:41  REE hod
Julie R: 13:41  GOOG
Doug S: 13:42  me too, short qqqs
Leon .: 13:43  Me too
Leon .: 13:43  Ckris can yu look at RT
Frank W: 13:44  Thanks Mark !
Doug S: 13:44  Never knew what you meant by that trade what you see until today
Leon .: 13:44  good to see on Camara
Amit .: 13:44  what is the target for KUTV?
Doug S: 13:45  lol, Thanks Mark!
Dan T: 13:46  Mark, can you check the PHH wedge
Host . 2: 13:46  possible blip trade WSM…we shall see
Doug S: 13:47  How about a rundown on AMZN if you would., GS HOD
Julie R: 13:47  GS continues, all about the vol
Lieu .: 13:47  blip trade, define please
Lieu .: 13:47  \go up then pull down quick?
8ball: 13:47  meaning break to new highs then to pull back
Doug S: 13:48  AMZN HOD
Amit .: 13:48  Thank you Mark
Doug W: 13:48  Hey Mark. Take a look at the current action on DMND and just give me your thoughts on taking small profits vs holding out for higher ground, considering time of day…QQQs etc everything that goes into your decision to hold or sell
Lieu .: 13:48  thanks1
8ball: 13:48  but need to keep tight stop
Leon .: 13:48  RT
Doug W: 13:48  long from .50
Doug S: 13:49  Long from 188, current stop at 188.79
Doug W: 13:49  1000 sh
8ball: 13:49  stop >02 above whole # WSM
Doug S: 13:49  Opps sorry..
8ball: 13:49  $.02= $35.02
Doug W: 13:50  I’m looking at this as a scalp for today only
Doug W: 13:50  Got the stop at 31.50
Lieu .: 13:51  good call on WSM just watching, good for 12c
Lieu .: 13:51  learning every day
8ball: 13:51  lets see Lieu
8ball: 13:51  using SPys as a tell
Doug S: 13:51  Out of AMZN for 99.6 cents
Doug W: 13:52  Thanks. Mark.
Doug S: 13:52  Thanks Mark!
8ball: 13:52  well done MM!
Leon .: 13:52  Chris can you look at RT long
8ball: 13:52  tgt on WSM .66
8ball: 13:53  stop .89
8ball: 13:55  WSM need to break .75 w/ conviction(vol etc)
8ball: 13:55  no emotion
Doug W: 13:56  GOOG what a comeback. made almost $400 today on a measley 100sh
8ball: 13:57  TXN very nice day
Benjur .: 13:57  semis in general
Benjur .: 13:57  nice day
Doug S: 13:58  The no emotion part is way easier to implement if you can get your stop to cost asap., YOKU HOD
8ball: 13:58  YOKU
8ball: 13:58  19.30 buy trigger
8ball: 14:01  EDUCATION big call today
Doug W: 14:01  stopped out DMND, should have taken the small profit. instead, -$80 making it back on DNDN and then some
8ball: 14:02  apol ,stra,bpi, dv, APEI
Doug S: 14:02  AMZN 5 getting tight
Julie R: 14:02  BIDU bouncing off dbl bottom interday
8ball: 14:02  laying into WSM .86 stop
8ball: 14:03  spy bounce
Doug S: 14:04  Revisited AMZN again @ 189.23, stop 188.93
8ball: 14:05  stopped WSM rats
Lieu .: 14:05  8Ball RES moving
8ball: 14:05  ALNY nice bounce
Benjur .: 14:06  not really sure about what you guys think
Benjur .: 14:06  but huge earnings tomorrow
Benjur .: 14:06  esp with the big 4
Benjur .: 14:07  tech companies
Benjur .: 14:07  tech
Benjur .: 14:07  it’s the loan growth
Benjur .: 14:08  without the banks
Benjur .: 14:08  this market
Benjur .: 14:08  can’t push to 1500
Benjur .: 14:08  hahaha my PT
Benjur .: 14:08  i think S&P can earna bout 105 this year
Benjur .: 14:08  which puts my PT almost around 14.x
Greg: 14:09  charts
Doug S: 14:09  charts
Don S: 14:09  live trading
Benjur .: 14:09  the public has it
Lucky .: 14:09  trading
David M: 14:09  both
Benjur .: 14:09  both
Benjur .: 14:09  lol u should have clong
Greg: 14:09  charts
Roger .: 14:09  charts
Doug W: 14:09  Out DNDN @ 14.14 for .20
Benjur .: 14:09  put up a survey
David M: 14:09  its all good my brother
Doug S: 14:09  AMZN pushing out
Doug W: 14:09  And of course, there it goes
Mary Beth .: 14:10  Either one is fine
Benjur .: 14:10  mark
Benjur .: 14:10  check htis out
Benjur .: 14:10  friday
Benjur .: 14:10  GS
Benjur .: 14:10  =
Benjur .: 14:10 $110
Benjur .: 14:10  if
Benjur .: 14:10  earnings on MS
Benjur .: 14:10  are good
toddbarbee: 14:10  I just jumped back in… did you hear the Keystone Pipeline is a no go?
Benjur .: 14:10  i’m playing it on $110 calls
Benjur .: 14:10  15 cents now 20
Benjur .: 14:10  it hit .19
Benjur .: 14:11  back at .15
Doug S: 14:11  out of AMZN for 35 cents
Doug W: 14:11  I’m up over $1k today on MS already
Doug W: 14:11  BAC just up $200
Doug W: 14:11  But still up
Benjur .: 14:11  up is up
Doug S: 14:12  Possible double top on the AMZN 10, & hanging man on the 15….?
8ball: 14:13  spy bounce .20
Doug W: 14:14  BBBY today up $2 and still going
Doug W: 14:14  missed that one
Doug S: 14:14  First red candle on AMZN in the last 11 on the 5 min
Lieu .: 14:15  8ball, RES up 30+c, thinking of swinging any stop level?
Mark CB: 14:16  WFR hit trigger
8ball: 14:17  17.46 interesting level on RES using mid Dec. levels…
Lieu .: 14:18  thanks!
8ball: 14:20  thx Mike B
8ball: 14:21  VMW was lagging ..bounced
8ball: 14:22  clouds nice action/positve all
8ball: 14:22  N FFIV in front of earnings
Doug W: 14:23  Just can’t get myself to hit the button to buy BBBY, but the momentum is crazy strong
8ball: 14:23  my bad N reports 2/2 FFIV after close $1.01 expected
Lieu .: 14:24  8ball, decided to take my $250 profit on RES today instead of swinging. Thanks for yout stop level
8ball: 14:24  keep ringing the register
Julie R: 14:28  Best option % of the week, GS calls bought at the open for .09 10 contracts cost $90, just went to a profit of 1720, LEVERAGE
Benjur .: 14:28  lol
Benjur .: 14:28  which one is this?
Benjur .: 14:28  the 105s?
Julie R: 14:28  yes
Benjur .: 14:28  i took half off
Benjur .: 14:28  as soon as i doubled my money
Benjur .: 14:28  letting the rest run
Benjur .: 14:29  but i already own
Benjur .: 14:29  like 1k of gs
Benjur .: 14:29  in it to win it
Benjur .: 14:29  LT
Benjur .: 14:29  $220 PT
Benjur .: 14:29 2014
8ball: 14:29  90/10 rule for for profit education not imminent from Piper
Benjur .: 14:29  honestly i’m probably too leveraged to financials
Julie R: 14:29  it’s always in play after earnings, no reason to hold through
Doug S: 14:29  BIG approaching a big trigger
Benjur .: 14:29  i hold through because of allocation
Benjur .: 14:29  and valucation
Julie R: 14:29  ES!
Julie R: 14:30  I hear rocket man
8ball: 14:30  90/10 rule used to cleanse the sector
Julie R: 14:31  nice push up from the lows SPY
Benjur .: 14:31  my favorite WSJ headline today?
Benjur .: 14:31  Jerry is out with a Yang at Yahoo
Benjur .: 14:31  lol
nate: 14:32  what sector do you guys think alot of money is going into?
Julie R: 14:33  TLT big option play a few days ago, bearish bets
Julie R: 14:34  March bfly put spread, 3 mill bet with a r/r of 6-1 March 117/113/109
Amit .: 14:34  time for some fun. just bought TZA xall option only 5 contracts
Doug S: 14:37  Past 38.92 on BIG the next daily resistance is $40.62
Doug S: 14:37  BIG asking at HOD
Lieu .: 14:38  mark, your WSM is working, just watching, i am busy shorting CNX
Rider: 14:40  RIG smacks up to the 50 d-sma 43.39
Benjur .: 14:41  rider
Benjur .: 14:41  got to close above it
Benjur .: 14:41  i’m arleady in it
Benjur .: 14:41  but once above
Benjur .: 14:41  i’ll start adding
Benjur .: 14:41  it’s yeilding almost 7%
Benjur .: 14:41  they jsut raised money
Benjur .: 14:41  and day rates of on of their rigs
Benjur .: 14:41  went from 70k/mo
Benjur .: 14:41  to 130
Benjur .: 14:41  just recently
Rider: 14:41  secondary punished, but regaining some momo
Doug W: 14:41  RIMM starting to get some action, got in for a scalp at 17.10 Volume picking up a bit
Doug W: 14:42  just working the channel
Julie R: 14:44  Nate, since the first of this year the biggest % gainer sectors were in this order: Materials XLB Financials XLF and Industrials XLI laggers utilites, staples and energy, as you can see from last year, sector rotation has began
Doug S: 14:45  BIG right at that 38.92 level,
Benjur .: 14:45  Julie: 4.) Financials, Industrials, Oil and Basic Materials will be the best performing sectors of 2012. These guys have been the dog of the DOW over the last 12 months. Don’t get me wrong here, I’VE BEEN DEAD WRONG THIS YEAR on my LT positions, but I am able to stretch my horizon and my strategy for years not minutes. Growth in the US and in China will push this.
Benjur .: 14:46  so far so good
Benjur .: 14:46  lets see if they can survive 2012
Doug S: 14:46  DMNd pushing out a hair on it’s 2
Benjur .: 14:47  nat gas
Benjur .: 14:47  the input cost
Rider: 14:48  UNG, worlds greatest short for years
Doug S: 14:48  BIG HOD
Doug W: 14:51  AAPL pushing hod again
Doug S: 14:52  Moved stop on BIG from cost to .89 (15cents)
8ball: 14:53  call us 212 874 3206 or email us info@shinesroom.com to discuss membership or go directly to www.shinesroom.com to signn up!
Julie R: 14:53  Mark, keeping it simple, upside TBT call vol today added to Feb 18 and 19 calls as well as March calls with 21 strike with the highest vol today as well as OI
MikeB .: 14:55  SINA
Barclay F: 14:57  DMND
Dan T: 14:59  great heads up on PMCS, Mark
Barclay F: 14:59  volume into GMCR
8ball: 15:00  mark your mic on mute
Sheila .: 15:00  Can you show what you mean with GMCR please?
Sheila .: 15:01  Thanks
Julie R: 15:03  Sheila congrats on your SLB today, one of the best in the oil services, calls gained 150%, and fired off a potential swing entry on a scan early this morning
Doug W: 15:04  AAPL hod shooting for 429
Julie R: 15:05  Lieu, AAPl
Doug W: 15:05  I’m all for that
Sheila .: 15:05  Thanks Julie. Finally paying off for me.
Doug W: 15:05  GMCR going higher
Lieu .: 15:06  yes need AAPL to clear 430+ before Friday, lost too much time on Jan 420 calls
Sheila .: 15:06  I have played SLB for a few years and just felt that it was going to take off. Didn’t know when but it always does
Julie R: 15:06  earnings ATC FFIV EBAY WDC XLNX tomorrow before the open BAC BBT FCX MS COL UNH to name a few
Julie R: 15:07  Sheila that sector beaten, could go, better r/r for $ managers
Sheila .: 15:08  That is what I am thinking Julie. We will see Now I need BHI to take off as it is a laggard
Lieu .: 15:08  GOOG almost 3 off hi
Lieu .: 15:09  GOOG on CNBC now
Doug W: 15:11  Chill Mark grab a cup of JVA
Rider: 15:11  GMCR trigg
Julie R: 15:13  anyone else see that inv h and s pattern on ES 1 min/slanted
Doug W: 15:14  Out GMCR too for a fast $200
Doug W: 15:14  AAPL leaves 429 in the dust
Frank W: 15:15  great
Jeff D: 15:15  ack
Doug W: 15:15  You’re good here
Phillyman .: 15:15  good MM
8ball: 15:15  see it on the % min Julie
8ball: 15:15 5
Julie R: 15:16  pattern working
phil: 15:16  EWZ breaking out
Julie R: 15:17  PBR mentions a few days ago, nice follow through, part of the EWZ
Frank W: 15:20  CRM is an animal
Bob S: 15:20  last night on briefing
Sheila .: 15:22  BHI hod – about time!!!
Julie R: 15:22  FFIV market maker expected move =/-10
Julie R: 15:23  that should read + or – 10
Doug W: 15:24  WLT once again my hero
Doug W: 15:24  new hod
Julie R: 15:24  go Sheila!! woo hoo, and SLB
Doug W: 15:25  it’s up against a declining tops line on a daily right now…..WLT that is
Rider: 15:27  S 2.32
Doug W: 15:28  WLT wants $62, but that line could be a deal breaker
Doug W: 15:31  WLT pulls back a bit from .97 right now .86
Doug W: 15:33  DNDN pulls back and retesting $14
Dan T: 15:34  continued weakness in RRD
Amit .: 15:36  just a quick look at the FFIV chart. My guess is stock had more potential to go down to about $15 or up about $5. currently sitting at piviot point.
Host: 15:37  To become a member call (212)874-3206 or email at info@shinesroom.com
Doug W: 15:39  big red bar forming on DMND
Bob S: 15:40  pmcs at .49
Doug W: 15:42  WLT back to pushing 62
Doug W: 15:46  c’mon give it to him…..Walter wants $62 !
Sheila .: 15:48  LNG 2cents off high
Bob S: 15:48  VECO looks like a final squeeze could be coming
Bob S: 15:50  veco starting
Jeff D: 15:52  Out of GS and PCLN calls. Thanks for the earlier (yesterday and this morning) heads-up on those, Julie.
Mary Beth .: 15:52  uri 52 wk hi
Julie R: 15:53  Jeff, glad you made $$, those were huge gainers, congrats!
Dan T: 15:53  good rally in SAH
Mary Beth .: 15:54  Gotta run, have a good night all
Nancy G: 15:55  what is the time of the options class?
Bob S: 15:55  I could use that, floundering with options
Sheila .: 15:55  Looking forward to Julies class
Bob S: 15:55  RIMM closing in on HOD
Host: 15:56  Hey, the class is Tuesday, January 24 from 12-2pm
Host: 15:56  via webinar
Host: 15:57  Call the office 212-874-3206 or goto http://shinesroom.com/options-julie-ross-shines-trading-room and scroll down to pay using paypal
Doug W: 15:57  Another great day. Up $6k + again today. Never had consistently good days like this in the other room I came from. Thanks guys. Watching and trading along with you ….Priceless !!!
Mark Melnick: 15:58  Thanks Doug NICE JOB!
Julie R: 15:58 TLT : )
Doug W: 15:58  Killed my tree of patience….tired of waiting for it to bloom
Doug W: 15:59  I’ve been averaging better than $4k a day
Sheila .: 15:59  6K just might pay for my expensive kids!
Bob S: 15:59  how long you been trading Doug?
Mark Melnick: 15:59  lol SHEILA
Sheila .: 15:59  I wish it was funny!
Doug W: 15:59  $6k will just about fund me this weekend in Vegas !!
Benjur .: 15:59  lol
Benjur .: 15:59  doug where you from?
Doug W: 16:00  Anaheim Hills, CA
Julie R: 16:00  SPY calls up 100% from the open, almost hit ES tgt 1305
Benjur .: 16:00  i see
Benjur .: 16:00  happy trading guys
Benjur .: 16:00  yes bye
Lieu .: 16:00  just get out lope for $80 profit, thanks 8ball
Benjur .: 16:00  if i can have days like this
Julie R: 16:00  go Team Shine! Good night all
Doug W: 16:00  Thanks again guys See you tomorrow
Benjur .: 16:00  i might be able to pay for my engagement ring
Benjur .: 16:00  lol
Sheila .: 16:00  Doug, that sounds better then tuition and the cost of high performance athletes.
Dan T: 16:00  Have a good night everyone
Mark Melnick: 16:00  what does she want? a 1500 kt ring?
Lily .: 16:00  ty
Doug W: 16:00  Sometimes
Benjur .: 16:00  lol
Benjur .: 16:00 3
Benjur .: 16:00  but yea
Jordi .: 16:00  thanks guys ..good job !
Benjur .: 16:01  run me almost 100k if it’s a really nice one
Benjur .: 16:01  hahahah can’t afford that yet
Doug W: 16:01  Still making relatively small trades 500 – 1000 sh
Mark Melnick: 16:01  damn Ben
Benjur .: 16:01  doug do whats comfortable
Mark Melnick: 16:01  id marry you!
Benjur .: 16:01  lol
Benjur .: 16:01  and me to you mark
Sheila .: 16:01  Wow benjur! We were broke when we got married
Mark Melnick: 16:01  lol
Benjur .: 16:02  yea
Benjur .: 16:02  love aint what it used to be
Benjur .: 16:02  lol
Doug W: 16:02  Most of my profits have been coming from swing trades lately though.
Doug W: 16:02  Still working on getting entries right on day trading
Sheila .: 16:02  Now I have to make lots so that my anniversary ring can be three months salary!
Benjur .: 16:02  :)
Lieu .: 16:03  thanks again!
WTS 001: 16:03  thanks guys… hope all had a good day… see u all tomorrow
Benjur .: 16:03  oluch
Benjur .: 16:03  missed by .14
Benjur .: 16:03  gj sealy
Benjur .: 16:03  lol
Benjur .: 16:04  alright see you guys tomorrow
Benjur .: 16:05  GL on MS and BAC to me
Benjur .: 16:05  could be another decent day
Benjur .: 16:05  …
Benjur .: 16:05  wow beat
Lieu .: 16:06  ffiv volatile, don’t know what to do just watching, own 200 shares from a long time ago
Doug W: 16:06  BAC before opening tomorrow
Benjur .: 16:06  MS
Benjur .: 16:06  and blackrock
Benjur .: 16:06  mucho earnings for me
Lieu .: 16:06  will do
Benjur .: 16:06  but GS and PNC
Benjur .: 16:06  done
Benjur .: 16:06  C and JPM also done
Bob S: 16:06  plxs
Benjur .: 16:06  dont forget HBAN
Benjur .: 16:06  also tomorrow
phil: 16:07  ebay
Lucky .: 16:07  good evening all
Bob S: 16:08  have a great evening

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