Shine’s Trading Room Stock Market Research Report Chat 01-25-12

 

Name Time Chat
FLASH 8:14  Good Morning
Lucky 8:15  Good morning
Sheila 8:16  Good Morning
FLASH 8:21  Pacific Biosciences (PACB) of California Surging after Roche’s Hostile Takeover of Illumina
Bob S 8:22  gm
8ball 8:34  ILMN sick!!!
8ball 8:35  diagnostics hot all day yesterday…nice follow thru
Amit 8:36  Good Morning
8ball 8:36  ILMN 30 -52 crazy!
8ball 8:39  ILMN gene therapy
Lucky 8:53  ILMN – kicking myself
8ball 8:54  WLT could lure a $120 bid from BHP or AecelorMittal coming out of Bloomberg
Lin 9:02  financials lows c gs
Bill D 9:07  Happy Wednesday!!
Bob S 9:07  If you think it is advice, don’t answer, but what is considerd the optimum time after the open to exit an option with a huge gap up?
Heath W 9:07  ILMN: Possible antitrust issue, Roche is a competitor and ILMN reportedly has more than half the market for gene sequencing equipment. It’s unusual that ILMN’s Board of Directors isn’t staggered, so that a majority of the Board could be replaced at the 2012 annual meeting.
Amit 9:11  ST, PLT are in same space as GLW
Bob S 9:13  gpro as well
Mark Melnick 9:14  ILMN long trigger 55.11 REDF short trigger 6.89 AFFX long trigger 5.45 TPX long trigger 68.15 TQNT long trigger 6.16 DAL long trigger 10.27, long trigger 10.52 FIO short trigger 26.05, short trigger 25.16 PACB long trigger 5.23 UAL long trigger 20.03 DEXO long trigger 2.18
Jeff D 9:19  Love the edge this morning, 8ball! Sounds like you’ve got the A+++ game going this morning…..
Lin 9:19  very lucky held some aapl call options
8ball 9:19  thx Jeff D!
Bob S 9:20  ditto Lin
8ball 9:20  Thx Amit
8ball 9:21  Great hold fellas
Lin 9:21  i am hot potatoe 15 min after open on its sell button bob
8ball 9:21  sell higher strike lock it in to expiration?
8ball 9:22  just a thought
Bob S 9:22  not sure what that means 8 ball. sell a call higher than current rpice?
Lin 9:23  i had way in money feb 400′s
Pepino 9:23 SPY levels to watch: 132.63 ( important Fibo level), 132.25 (Monday’s HOD), 131.95 ( last week High)………………… , 131.77 , 131.62, 131.47, ……………………………131.23( important Fibo level),131.19 (pivot point)…………………………… 130.98, 130.80, 130.60 ( LOD), 130.32 (last Tuesday HOD)……..……………………………………….., 130.17, 129.96, 129.83 ( important Fibo level), , 129.70 ( 01/13 week high), 129.42 .
Bob S 9:23  420′s for me Lin, nice with the 400′s
Jeff D 9:24 CLR one to watch this morning (already up 4% pre-market) – announced big increases in their oil production levels….
8ball 9:24  Bob S will talk about it on bcast
Jeff D 9:26  TQNT already above that level in pre-market……
Pepino 9:28  GS testing yesterday’s lows 106.25
Lily 9:28  gm
Lin 9:32  a green bar in aapl worth a long
Steamboat 9:32  Gs will downgrade MS next week
Lin 9:32  in 1 min
Jeff D 9:33  CQP
Steamboat 9:35  Flash nice call out PACB yest-
Julie R 9:36  AAPL 440 Puts up 400%/weeklies
Hafty 9:36  HGSI relative strength
Mary Beth 9:38  DMND
Julie R 9:38  SPY short
Julie R 9:38  nice mark
Dan T 9:40  TXT back near day highs after sharp pullback
Lin 9:40  nobody trusts obama the anointed one is my take and he says all countries think we are strong he is milk toast
Julie R 9:41  SPY 130.66 130.30
Jeff D 9:41  lol
Julie R 9:43  AMZN
jeff 9:46  Rimm shortable at etrade and Ameritrade
Dan T 9:49  AET 1 point bounce from day low
Heath W 9:49  RNOW: Acquisition by ORCL for $43 per share receives US antitrust clearance.
Bob S 9:51  grpn
Nancy G 9:51  Great options class — many thanks, Julie and Shine. Look forward to taking it again!
Mary Beth 9:51  sounds great..thanks again for a great & informative class!
Julie R 9:51  GOOG working
Doug W 2 9:51  Lin. Tried to call you back yesterday. Sorry I missed you. Saw that you held some AAPL. I still have all of mine. Loaded up on AAPL and WLT last week. Woo Hoo $$
Julie R 9:52  watching 572
Lucky 9:52  DNDN popping
Jerry C 9:53  Julie thanks for that tip on the TOS screen and then locates the option activity interesting thank you very much.
Dan T 9:53  HGSI
Julie R 9:54  GOOG 570s up 100% from the open
Doug W 2 9:55  WLT off its morning low
Doug W 2 9:55  First 5 min green bar
Julie R 9:55  Jerry yw, helping me in the GOOG trade, see them adding, conviction
Julie R 9:56  still in
Doug W 2 9:56  Saw that
Doug W 2 9:57  I’m in WLT from $58 and change
Lieu 9:57  gm, late this morning!
Hafty 9:57  casinos strong
Lieu 9:58  missed a lot of actions, saw short SPY, puts AAPL and puts GOOG working
Lin 9:59  doug i could use a loan after occupy obama last night
Doug W 2 10:00  I listened to that campaign speech on the drive back from Vegas last night. Kept my BP up
Jignesh 10:01  anyone like dmed?
Steamboat 10:03  HES whoosing lower watching COP tl break @ 69.94
FLASH 10:03  DNDN back to day highs
Dan T 10:03  DNDN new highs
FLASH 10:03  DNDN ripping
Doug W 2 10:07  WLT still looking to fill the gap today, Thinking AAPL isn’t going to do that, although WLT might
Lin 10:07  flat aapl
Lin 10:07  early
Hafty 10:08  HGSI continuing higher
Doug W 2 10:08  $550 tgt AAPL Lin. New iPad March, more coming
Hafty 10:08  MPEL is interesting..bought some 25c..risking 6c
Julie R 10:08  see that on GOOG 200 dma
Julie R 10:08  AAPL short working from the open
Julie R 10:09  still in GOOG
Julie R 10:11  option traders, sell into strength, profit mgmt
Mary Beth 10:12  EMC hod
Doug W 2 10:13  WLT starting to bounce back off gap fill. Needs more vol, looks like it’s geting some now
Jeff D 10:14  MCP over 30
Jeff D 10:15  MCP MCP
John D 10:16  UAL nice pop..good call Mark
Mary Beth 10:17  REE
Doug W 2 10:17  Bot some more WLT on that pb
Doug W 2 10:17  INCY trying for hod off lows
Doug W 2 10:18  check out the daily on INCY for swingers
Julie R 10:18  GOOG great trade
Steamboat 10:18  buy more
Steamboat 10:18  when u start cheering time to sell-lol
Julie R 10:19  that was big vo on X finally pushing out of the channel mentioned in the webinar last night
Julie R 10:19  vol
Doug W 2 10:21  SWI
Dan T 10:22  DNDN over 15 level
Julie R 10:24  C BAC
Mark CB 10:26  TLT near day lows
Jerry C 10:26  DNDN pushing out
Dan T 10:27  MCP back near day highs
Jeff D 10:28  BBT moving well, also
Semi 10:30  RVBD break above horizontal R
jeff 10:32  mark check out GLW
Doug W 2 10:34  check the daily on SWI. This one looks ripe
Dan T 10:36  VLO big bounce
Lin 10:39  doug are you around by phone?
Julie R 10:39  BA vol weeklies up nice % Puts
Julie R 10:41  late on BA sorry, busy morning
Doug W 2 10:41  yeah, Lin, trying to call you now
Doug W 2 10:41  getting your vm
Dan T 10:41  nice breakout in URI
Mark CB 10:42  DNDN pullback to 14.72
Lin 10:42  i am on phone doug
Doug W 2 10:43  ok
Doug W 2 10:44  AAPL showing some support at 446.60 area, but just now blipped below that a bit
Jeff D 10:46  CLR breaks through 80
Lieu 10:47  I am waiting also
Phillyman 10:51  STJ
Julie R 10:52  Lieu, as we talked about last night, o GOOG calls sold at the open, Feb 600, up $140 590 sold $240 from the open per contract against 100 shares of stock owned, AAPL 460 Feb call sold at the open, you’d be up $430 per contract you sold 460 strike per contract against your long stock or options
Lieu 10:52  Shine, JUlie, bought 10 calls Feb 29 X when the stocks had green bars,
Julie R 10:53  what price did you get Lieu?
Lieu 10:54  waiting now to see, might cash in if $200 profits, 1.50
Lieu 10:54  up 4c now
Julie R 10:54  first test of 29.23/ reisit often fails, restesting now, has had vol past week, accumulating
Jeff D 10:55  SLV hod
Sheila 10:56  SUN hod
Kip L 10:56  bidu
Kip L 10:57  pop with vol
Julie R 10:58  LVS
Frank W 11:01  PANL
Dan T 11:01  WPX nice move higher this morning
John D 11:07  chased a bit CMA break
MikeB 11:08  RIG positive
8ball 11:08  pivot for COG 63.45
Sheila 11:09  SLB hod
Bob S 11:10  Mark: In RIMM with you. My normal i is 400, today I got in with 2000 at .31, thanks for talking it through
Bob S 11:10  not i, tier I meant
Bob S 11:11  so correct, 3 cent risk
Lieu 11:18  INCY missed it this morning day hi
Doug W 2 11:20  In INCY since last week. Wish I’d bot more
Lieu 11:20  Kobe beef hot dog
Lin 11:21  not lulu
Bob S 11:23  This RIMM is a nice move
Bob S 11:25  Got to go. RIMM trailer is on
Bob S 11:27  trailer hit at .69, later, tahnks Mark
J D 11:29  BKI
Amit 11:30  Cephid CPHD is a diagnostic compnay in bio tech sector reporting tomorrow
Jeff D 11:32  Making good money on LVS today….check out LVS hourly chart for the past 10 days….thing of beauty….
Doug W 2 11:33  a little late to the party but got some RIG @ 45.99
Doug W 2 11:34  Here goes RIG , got in just in time it appears
Jeff D 11:36  UNG hod
MikeB 11:36  watch SLB still down on the day trading at high of the day
Hafty 11:37  BVSN could find some resistance at 32 level
John D 11:38  awesome calls Mark, well done
Kip L 11:38  ung
Julie R 11:40  LVS approaching resit area 49ish
John D 11:41  AMRN…good call 8ball
Kip L 11:42  ung broke 5.94
Doug W 2 11:43  sold my RIG at .60 for a fast $200 Thanks Mark. Thought I was too late
John D 11:44  absolutel 8ball, you had capitulation trade..:) find us another and I’m with you
Jeff D 11:46  Wow – look at TLT
Jeff D 11:50  Re: TLT rip – some kind of Fed leak?
John D 11:53  CMA best bank set up
Doug W 2 11:54  TLT leveling QQQs bouncing
Doug W 2 11:55  RIG pb
Kip L 11:58  chk moving nice
John D 11:59  MDR nice break on daily
Pepino 12:17  SPY based on today’s action 131.16, 131.09, 131.01 levels of support being 131.09 the 50% of the range…. remember 131.19 pivot point and 131.23 as important level for support/resistance….
Pepino 12:19  QQQ same analysis…60.12 resistance/breakout……60.07 as the 50% of today’s range and 60.01 support/breakdown…
Jeff D 12:27  LVS pushing through 49
Sheila 12:28  big green bar in SLB
Lin 12:28  gee what breaking news……
Sheila 12:28  SUN hod
Jeff D 12:29  Huge VIX whoosh down
Jeff D 12:29  SLV pop
Amit 12:29  May be investing in paper and ink realted stocks are one to trade
Amit 12:30  with all priniting that will go on!!
Amit 12:30  Hey, election is here!
Jeff D 12:30  Being active in trading MREITS, I love that specificity in the rate language from the Fed….
Semi 12:32  fed rates outlook exceptionally low rates thru 2014 ;-(
Semi 12:32  bloomberg tv
Jeff D 12:32  CLR on the move again…
Lin 12:33  what was 56.20
Julie R 12:33  SLV vol
Lin 12:33  ?
Lin 12:33  trigger 56.20
Lin 12:34  spy hod
Lieu 12:34  FCX hod
Jeff D 12:35  CLR
Julie R 12:35  wave 3 count on FOMC
8ball 12:35  hard assets
Jeff D 12:36  CLR thru 81
Jeff D 12:37  Dow green
Julie R 12:37  GFXJ nGDX SLV GLD, they knew SLV was the clue last week
Benjur 12:38  watch your basic material names
Benjur 12:38  and wtch the financials
Benjur 12:38  possible sell off due tolow interest rates
Julie R 12:38  FCX
Benjur 12:40  my tbt trade
Benjur 12:40  gets another shot in the gut
Benjur 12:40  :(
Benjur 12:40  but staying with it
Benjur 12:40  as it is a 3-yr trade
Frank W 12:42  GO 8 ball
Julie R 12:44  AAPL weak interday pattern
Julie R 12:52  hoping those long AAPL gained some hedging ideas last night and if you followed through, you are up big on calls sold/ covered call strategy
Jeff D 12:53  SLV touches 32
Barclay F 2 12:53  very nice wedge tightening on DMND, looks like nice bull flag wedge
Julie R 12:53  SLV with momentum : )
J D 12:53  MCP movin again
Julie R 12:53  32.21 next level to watch
Jeff D 12:55  excellent, 8ball! You’ve still got that edge going!!!
phil 12:55  If we keep rates low for years it means we keep CHina’s treasury holdings strong for years
Jeff D 12:56  i figured that’s what it was….!
Leo 12:57  I have done very well with X today. Second best BRCM and QQQs
Leo 12:57  no give back
Pepino 12:58  RIMM 16.11 is the 50 day SMA….. so far HOD 16.05
Barclay F 2 12:59  8ball, what’s the resistance on NEM?
Sheila 13:00  SLB
Jeff D 13:02  Just noticed CF acting pretty well today, too…..
Sheila 13:02  SLB popping
Jeff D 13:03  XLF trying to join the party?
Lieu 13:04  stopped out of NEM for .35c profit
Lieu 13:05  revisit revisit right 8ball?
Lin 13:07  til your head caves in lieu
Jeff D 13:07  COG hod
Roger 13:09 1315.25
Benjur 13:09 1315.25
phil 13:09 1315.5
Benjur 13:09  uhh
Benjur 13:09 1318.75
Benjur 13:09  i think is recent high
Brooklyn Trader 13:09  high so far 13.75
Benjur 13:09  but this right now
Benjur 13:09  is some serious
Benjur 13:09  resistance
Benjur 13:09  then another line at 1318
Benjur 13:09  if we break out
Benjur 13:09  look at 1350 or so
Benjur 13:10  but i’ve gotten heavy
Benjur 13:10  basic materials
Benjur 13:10  here
Benjur 13:10  FCX, BTU, WLT
Benjur 13:10  POT
Benjur 13:10  VALE
Benjur 13:10  AA
Barclay F 2 13:11  watch DMND for potential resolution of the wedge
Barclay F 2 13:11  Melnick, how about a look at that DMND wedge?
Doug W 2 13:11  Watch SWI here.
phil 13:11  I love this millionaire’s tax…now it;s going to be that much harder for all us poor folk to become rich
Barclay F 2 13:12  dumped NEM at 59.27
Lieu 13:12  Julie out of X call for 13C profit just now. Want to make my first trade after the trade profitable :-)
Barclay F 13:13  Watch DMND
Lieu 13:13  class not trade thanks for the knowledge sharing, great stuff! wake up late today because my head is heavy with info… lol
Julie R 13:13  congrats Lieu!!! You go girl! way to pull the trigger!
Jeff D 13:16  LINe getting a bit busy with some volume…
Doug W 2 13:16  SWI just set new hod, still needs more volume
Frank W 13:18  DMND
Host 13:18  Mark Melnick’s Midday presentation is going to be after 2pm
Barclay F 13:18  vol coming into DMND
Host 13:18  He is finishing up the educational course
Host 13:18  Thank You
Jeff D 13:19  Lovin’ that COG – hod
Doug W 2 13:20  WLT back over $1 on the day
Benjur 13:21  do you guys know waht i cna’t understnad?
Benjur 13:21  how the heck equities can go up
Benjur 13:21  if rates stay here
Benjur 13:22  i can’t imagine more inflows into bonds
Benjur 13:22  if equities are going to go higher…
Benjur 13:22  thoughts anyone?
Pepino 13:22  Yes,….do not try to understand…lol
Hafty 13:23  GLD 165.75 is filling the gap
Julie R 13:23  for those in last nights option class pull up a SLV Feb 32 and you will see a 1100 vol entry, a clue, same for GLD
Julie R 13:24  if you had entered there, you would be up 100% so far on the day and that is not weekliesy which exploded with gamma as mentioned
Julie R 13:25  over 800% for the weeklies
phil 13:25  We don;t need to develop supply on nat gas…we need to do something about demand
phil 13:26  In RUssia…cars all run on nat gas
Doug W 2 13:27  If we’re going to do anything significant about ANY Demand, we’d better start paying more attention to the one thing that funds the ability to pay for that demand….JOBS.
Jeff D 13:27  kllin me
Jeff D 13:27  *killin
Doug W 2 13:28  SWi new hod
Doug W 2 13:28  working up to that breakout
Doug W 2 13:32  WLT still my hero. Up over $16k in the last 6 trading days. Not over yet, but hard to buy at this point
Julie R 13:36  FCX nice with vol b/o
Benjur 13:38  part of me is gald
Benjur 13:38  i kept buying those GDX call spreads on the way down
Benjur 13:39  somewhat in the mone now
Benjur 13:39  and the euro hit 1.31
Benjur 13:39  dollar getting msacked
Benjur 13:39  i also wanted to thank whoever in this room
Benjur 13:39  got me into WLT
Benjur 13:39  lol when they got smacked that one day
Benjur 13:40  is when i started buying in the mid 50′s
Lieu 13:41  PCX
Julie R 13:44  X next level to watch 30.14
Doug W 2 13:45  Maybe it’s not too late to get into WLT after all. Now up over $2 and going for $70
Lucky 13:47  AMZN approaching day high
Bob S 13:48  grrrrr. just checked in after my meeting and saw rimm….
Lucky 13:49  GSM interesting chart
Lin 13:50  long agq
Doug W 2 13:50  AAPL back to 448
Julie R 13:51  X Feb 29s 5k vol 5k OI, as mentioned last night, compare the vol to the puts Feb 30s dbld Jan 30s over 400%
Lucky 13:51  DNDN moving back up
Benjur 13:54  CLONG
Benjur 13:54  u get my message about wade?
bart 13:57  great call cog
bart 13:57  8 ball
bart 13:58  perfecto
Jeff D 14:00  VIX plummets
Lieu 14:00  Doug, not in but look at WLT, same wqith PCX and PCX
Lieu 14:00  CNX
bart 14:01  itmn
bart 14:02  what do you think? anyone
John D 14:07  CMA big reversal, stopped out earlier, now at support, watching for bounce
Brooklyn Trader 14:12  8 ball mennick or pepe what do u have to say about the yeaRS HIGH ON THE FUTURES B4 TODAY WAS 1318.25 AND GOT OVER IT TODAY BY 2 HANDLES and pulled in hard and fast after fed just spoke?
Brooklyn Trader 14:13  can today be the high until we get a pullin over the next few days before going higher?
John D 14:14  AEGR very nice but very thin
Doug W 2 14:20  went away for awhile and came back to WLT @ 70.30 :-o
John D 14:20  THLD – long some THLD, huge binary event regarding trial results next month, playing a run up into those results, very thin
Doug W 2 14:25  WLT has to get past 70.75 to get to the next level now
Lin 14:29  i am with you brooklyn lower makes sense
Doug W 2 14:32  y
Frank W 14:32  great
Doug W 2 14:32  gottcha
John D 14:32  good Mark
Chuck 14:43  re: RIMM trade, what are the odds of a bull flag wedge beak up vs. breakdown, same odds for bear flag?
Lin 14:44  nem making my day
Randir 14:44  can i get some suport and resist. levels on DMND..?
Randir 14:45  werd
8ball 14:46  IAG siiiick!
Julie R 14:46  GLD breaks the desc upper t/l first time since the top in Aug, with big vol, of technical significance
8ball 14:46  KGC siiick!
Randir 14:49  thank you pal!
Julie R 14:49  GDX Feb 57 vol today 10k contracts with an open interest of 2700
Roger 14:50  charts
Doug W 2 14:50  charts
Randir 14:50  live chart
Jignesh 14:53  boil baby boil
Frank W 14:54  ATI in it’s gap
Lucky 14:54  GSM day high
John D 14:55  ANV nice gold chart
Lin 14:55  kgc
Randir 14:56  FIO..geting beaten up…waiting for the bottom and the spikeup
Lin 14:56  kgc into gap
Frank W 14:57  ATI explosion
Julie R 14:59  SBUX not looking good into earnings, profit taking?
J D 15:00  NUVA
Randir 15:01  ring the resister!
Randir 15:01  register
Phillyman 15:01  great call
Doug W 2 15:01  wow
Lieu 15:03  julie, X approaching 30
Jeff D 15:03  awesome
Randir 15:03  good one 8Ball
Randir 15:03  the truth
Frank W 15:04  OMG
Randir 15:05  this happens at tleast once a week
Sheila 15:05  I just got in!
Julie R 15:05  nice Lieu ty
Doug W 2 15:05  I’m in it with you
J D 15:06  Looks like its a new pending halt
J D 15:06  news
Lin 15:07  where do you like nuva again
Randir 15:07  NUVA got upgraded by Cancoord on Jan23
Lin 15:07  i’m hooked
Randir 15:07  to a buuy
Mark Melnick 15:07  ty randir
Doug W 2 15:07  well at least I got that goin for me
Mark Melnick 15:07  thats what im afraid of John
Mark Melnick 15:07  lol
Doug W 2 15:07  WLT that is
Doug W 2 15:08  I think we all would
J D 15:09  If you go on the nasdaq site under trading halt thats what they have it listed as
Doug W 2 15:09  long
Doug W 2 15:09 700
John D 15:09  long 600
Sheila 15:09  I am long at 16.20
Brooklyn Trader 15:09  have shares at
Juan M 15:09  yo
Randir 15:09  i wanted to get in..but price was moving too fast
Hafty 15:09  long 29c
Lucky 15:09  long 600 MUVA $16.34
Doug W 2 15:09  in at 16.35
Brooklyn Trader 15:09  im in at av
Dan T 15:09  I got in at 16.26 and out at 16.36
Brooklyn Trader 15:09  im in at 16.16 av
Randir 15:10  i wanted to get in at 16.15 but it ran to 116.70 like lightening
Brooklyn Trader 15:10  m park
Brooklyn Trader 15:10  sure
Brooklyn Trader 15:10  2300 ahares
Jeff D 15:10  COG hod
Benjur 15:11  gold is breaking out
Benjur 15:11  hit a high of 1708.6
Sheila 15:12  waiting is not fun
Randir 15:13  would you take home NUVA home tonight..?
Doug W 2 15:13
David M 15:13  im nervous too many things are working
Doug W 2 15:13  That’s all I see on it right now
Phillyman 15:13  SHW
Randir 15:13  ;(
Jignesh 15:15  mark can u check alks
Dan T 15:17  nice move up in NUGT this afternoon
Brooklyn Trader 15:17  Should we be scared bec of the halt on nuva if we own shares?
Mark Melnick 15:17  well
Mark Melnick 15:17  3 scenarios
Mark Melnick 15:17  it opens down way less we lose
Mark Melnick 15:18  it opens up around same price giving us opportunity to hold/sell
Mark Melnick 15:18  or it gaps up further and we crush it
Sheila 15:18  So no need to watch it as we can’t do a damn thing!
Jeff D 15:18  EVEP could be interesting into the close. Tomorrow is ex-div (ex-dist?) for that one….. Has actually been pretty weak lately, with no ex-date “run up” to speak of….
Mark Melnick 15:18  well
Mark Melnick 15:18  it can open any moment
Sheila 15:18  Are we allowed to hope when a stock halts??
Mark Melnick 15:19  its the only thing u can do lol
Julie R 15:21  inv h and s on ES
Julie R 15:22  X worked well, room trade mentioned last night
Jeff D 15:23  CLR and COG still going
Lucky 15:23  AMZN day high
Doug W 2 15:23  SWI getting volume and moving back above 31
Pepino 15:25  SPY just 7 cents of target 132.63…
Lieu 15:26  Julie, I did it again bought Feb GDX 53 calls and get out for $400 profits just niow instead buying the EFT itself. The class gave me more confidence, also learned do not sell market. they are robbing me.
Lieu 15:27  I got out too early again like X calls this morning.
Leo 15:27  still killing it wil X
Jeff D 15:27  or a DJ….
Randir 15:27  where the pick axe?
Doug W 2 15:27  you wouldn’t like the conditions
Julie R 15:27  Lieu just awesome!! so proud of you
Julie R 15:28  Lieu you made my day
Leo 15:28  in and out of X picked up $5
Sheila 15:28  MRO hod
Sheila 15:29  Mark what was the breakout level for MRO?
Lieu 15:29  Also bought Feb BA 75 break even now, swinging if can not ring register today
Mark Melnick 15:29 32.41
Sheila 15:29  MRO is at 32.49
Doug W 2 15:29  whattu they gonna do reopen NUVA at 3.59? c’mon already
Lieu 15:30  GDX still going, don’t knoe if I should chase here
Leo 15:30  Best day so far 4400
Julie R 15:31  tgt hit on ES inv h and s pattrn
Julie R 15:31  congrats Leo!!!!!!!!
Doug W 2 15:31  depending on NUVA…….I’m up just short of $20k today
Sheila 15:32  Wow Dougf I hope NUVA doesn’t ruin that
Doug W 2 15:32  Mostly thanks to WLT and AAPL
Leo 15:32  ahh yea! one market at a time. Melnick mentioned last month that he had his best years trading by keeping it simple
Doug W 2 15:32  It can’t get me that badly
Leo 15:32  I also want to thank MOSK
Leo 15:33  For the pivot training
John D 15:33  WTI good looking oil chart, needs 22.50
Leo 15:34  Thanks Shine and all for the levels
Doug W 2 15:36  talk about suspense SWI looks like it’s going to sit on its butt another day. Can you say squeeeeeze? I knew that you could.
Leo 15:37  Thx to all of you
Leo 15:38  chose my levels. determined my risk. stepped up my shares
Sheila 15:39  Could they keep NUVA halter until tomorrow?
8ball 15:39  randir got that bounce in FIO
Sheila 15:40  super
Doug W 2 15:41  INCY sneaking up on increased vol
Lucky 15:41  UTHR day high
Sheila 15:44  it seems like it
Doug W 2 15:44  that’s probably about right lately
Phillyman 15:44  yes MM< it seems to be happening at least once a week
Sheila 15:44  so you think news comes out after close? if it doesn’t open?
Doug W 2 15:45  on the other hand, I wouldn’t be in WLT if it wasn’t for Mark and 8ball pounding the table at $58
Sheila 15:45  Frustrating as my News Years resolution is no drinking during the week!
Phillyman 15:46  anyone playing NFLX earnings
Benjur 15:47  philly
Benjur 15:47  if it were mean
Benjur 15:47  i’d probably play it via call spread
Benjur 15:47  if thye get any more growth
Benjur 15:47  could get a small pop if they eat
clong 15:47  whoa sheila
Juan M 15:48  any news on this NUVA, time is ticking…
clong 15:48  Benjur!
Lieu 15:48  res misses earning today,\
John D 15:48  in COO
Benjur 15:48  100-105 call spread is going for like 1.6
Benjur 15:48  if it spieks 10%
Benjur 15:48  u can almost make 10%
Benjur 15:48  of your money
Benjur 15:48  i mean 100%
Benjur 15:49  so might be an interesting look
Doug W 2 15:49  WLT hits a high of 71.20 and pulls back to around 70.50 this afternoon
8ball 15:49  VRSN unched
Benjur 15:49  imma play NFLX actually
Jeff D 15:50  Hey Benjur, do you think we can get the Financials to join this party tomorrow?
Benjur 15:50  mark
Benjur 15:50  type your play?
Benjur 15:50  no sound on my end
Benjur 15:50  or it’s very low
Mark Melnick 15:50  Playing NFLX via options here
Mark Melnick 15:50  10 contracts 105 feb strike
Mark Melnick 15:50  call
Benjur 15:51  thats a big play
Benjur 15:51  5k
Benjur 15:51  imma just risk something small
Benjur 15:51  the weeklies 100-105 spread
Benjur 15:51  for 1.7
Benjur 15:51  probalby close out tomorrow whatever happens
Jeff D 15:52  SBUX earnings tomorrow, too?
Benjur 15:52  the kog maw kog
Benjur 15:52  ahahaha
Mark Melnick 15:52  LOL EXACTLY HAHA
Benjur 15:53  where do you exit this tradE?
Benjur 15:53  or what is the trade for you on LFX
Benjur 15:53  NFLX
Julie R 15:53  FCX calls up over 300% X calls 100-500% SLV calls 100-700% GDX calls 300-2000% another great day in Shines room! Cheers to the momentum trades, have a great night all!
Mark Melnick 15:54  umm
Mark Melnick 15:54  tomorrow
Mark Melnick 15:54  whenever i feel like it lol
Bob S 15:54  later
Mark Melnick 15:54  bob
Mark Melnick 15:54  where did u sell rimm
Mark Melnick 15:54  out of curiosity
Benjur 15:55  mark
Benjur 15:55  if it pops
Mark Melnick 15:55  u buying me a tiocket for cali
Mark Melnick 15:55  ?
Mark Melnick 15:55  :D
Benjur 15:55  u looking to short?
Mark Melnick 15:55  No
Mark Melnick 15:55  im long
Mark Melnick 15:55  lol
Mark Melnick 15:55  i bought calls
Benjur 15:55  i mean
Benjur 15:55  short the common
Benjur 15:55  to bring in $$
Mark Melnick 15:55  no sir
Mark Melnick 15:55  nope
Benjur 15:55  hmmm
Randir 15:55  whats pepe’s take on the NUVA hault…we need his wisdom…
Mark Melnick 15:56  LoL
Benjur 15:56  if equities are indeed cheap
Benjur 15:56  watch these treasuries to get smacked
Benjur 15:56  long TBT
Benjur 15:57  heavy
Doug W 2 15:57  looks like they are going to hold NUVA to the last minute
Benjur 15:58  if you get the pop u want
Benjur 15:58  mark
Benjur 15:58  i’m looking to short aginst the long calls
Benjur 15:58  just to lock in gains
Mark Melnick 15:58  kk
Benjur 15:58  i have a sell order at 120
Sheila 15:58  does history show that a longer a stock is halted the better chance that it is not good news or is there any ryhme or reason
Benjur 15:58  if it hits
Benjur 15:58  lock in 1500
Benjur 15:58  per contract
Mark Melnick 15:58  im looking to sell them tommorow whenever….im not gonna hold..win or lose
Benjur 15:58  understood
Mark Melnick 15:58  ><3
Benjur 15:58  but u know what i mena?
Mark Melnick 15:58  ya bro
Benjur 15:59  ok
Randir 15:59  Driving ms daisy..?
Randir 15:59  thanks team!
Benjur 16:00  yeah
Benjur 16:00  done come on NFLX
Benjur 16:00
Juan M 16:01  classic..”I have a competition in me”
Benjur 16:01  still not out
Leo 16:02  Dave Shine bought the 100 and 105 calls NFLX
Leo 16:02  Leo bought
Mark Melnick 16:02  CRUSHED IT
Mark Melnick 16:02  YES
Mark Melnick 16:02  YES!!!!!!!!!!!!
Mark Melnick 16:02  YES!
Leo 16:02  crushed so far
Benjur 16:02  lol
Mark Melnick 16:02  YEA!
Benjur 16:02  come on 120
Mark Melnick 16:02  YES!
Benjur 16:02  …
Mark Melnick 16:02  YESSSSSSSSSSSSS
Mark Melnick 16:03  BENJUR
Mark Melnick 16:03  YES!
Lieu 16:03  Mark, I only have 2 calls following your footstep, can we trade options after hours?
Mark Melnick 16:03  YES!!!
Mark Melnick 16:03  GO 8 BALL!
Benjur 16:03  i only got 1
Benjur 16:03  lol
Mark Melnick 16:03  hahahahahahhahahahahahahhahahahah
Leo 16:03  yea
Leo 16:03  I did
Benjur 16:03  unfornatley for us retail guys
Mark Melnick 16:03  HI FIVE LEO!
Lieu 16:03  Mark, I have to wait until tomorrow opening?
Benjur 16:03  it’s already close (options market)
Mark Melnick 16:03  yes Lieu
Lieu 16:03  Thanks Benjur
Benjur 16:04  well ima leave my 120 out tehre
Mark Melnick 16:04  dont worry, i have a feeling ull be ok ><3
Benjur 16:04  if it hits going ot lunch
Benjur 16:04  lol
Benjur 16:04 108
Lieu 16:04  I love you now Mark. I only like you before
Benjur 16:04  mark imma hit you
Benjur 16:04  up
Benjur 16:04  =o
Mark Melnick 16:04  def
Juan M 16:04  lol
Randir 16:04  get a 2002 GT2
Leo 16:04  ferrarri
Leo 16:04  not yet
Leo 16:04  duuuude
Frank W 16:05  TRIPLE M
Lieu 16:05  Mark, need forced patience
Phillyman 16:05  nice MM, you could have Jan still
Mark Melnick 16:05  thanks
Mark Melnick 16:06  Lieu its the no choice ><3
Doug W 2 16:06  Now you know how I felt yesterday after AAPL reported !!!
Lin 16:07  mage 8.56 on 500 nflx
Lin 16:07  made
Doug W 2 16:08  way to go lin !
Lin 16:09  yoosers
Doug W 2 16:10  I’m going to go sit in the corner and chew my nails until NUVA reopens See ya tomorrow
Lieu 16:11  8ball, I used to work for LSI for more than 25 years before I was let go 2.5 years ago
Mark Melnick 16:11  NICE LIN!
Mark Melnick 16:11  DID MY CONVICTION HELP? I LOVE THIS JOB!
Lin 16:11  tks
Lieu 16:11  Trying to re-invent myself with Shine’s room
Leo 16:11  Dave Shine I did my homework and killed it
Mark Melnick 16:11  its the perfect place to
Benjur 16:11  well
Dan T 16:11  good nite
Benjur 16:12  if it hits 120 im out
Benjur 16:12  but
Benjur 16:12  we will see

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