Shine’s Trading Room Stock Market Research Report Chat 01-26-12

 

Name Time Chat
FLASH 7:46  Good Morning
Lucky 8:05  Good morning
Bob S 8:26  gm
8ball 8:32  NUVA traded flat
Bob S 8:36  NUVA looks like a Krull bounce potential
8ball 8:38  a buddy of mine bought 500 NEM 60 calls weekly expiration yesterday for .05/contract $2500. now wotrth 50K nice trade!!
8ball 8:38  welcome to Shinesroom ..lol
Bob S 8:39  geez, i’d love to hit one of those! I do have NFLX, gonna stop with these hgh beta calls after today though, too lucky to press it
8ball 8:40  thats using ur noggin!
8ball 8:41  congrats on NFLX !
Leo 8:42  Bought the NFLX 100 and 105′s yesterday :0mg
Leo 8:42  Took home X Feb 32 calls overnight. X is up this AM
Bob S 8:43  welcome to shinesroom, so many ideas
Kip L 8:44  gm
8ball 8:45  Great Leo, keep up the good work!
8ball 8:45  maintain discipline!
Leo 8:46  Thanks to you and all in Shine’s room.
8ball 8:46  anyone swinging GDXJ running into resistance around $30.
8ball 8:47  7pts in GDXJ
8ball 8:47  welcome to shinesroom!
Amit 8:56  Nice pop in MLNX this morning
Jeff D 8:59  COG did their 2-1 split overnight…
Taos Hum 9:00  Made a killing on SLW yesterday… Hi ho Silver!
Lieu 9:01  gm
Jeff D 9:01  RE: gold – GLD is up $1.60 in the pre-market….
Mark Melnick 9:03  JRCC long trigger 7.16 RNWK long trigger 9.58 IRE long trigger 6.70 LCC long trigger 7.94 GM long trigger 25.25 LSI long trigger 7.74 LOGI short trigger 7.17 RIMM long trigger 16.43 CS long trigger 27.32 CRR short trigger 106.71
Mark Melnick 9:03  nice taos
Bill D 9:08  GM
Mark Melnick 9:10  Im out of NUVA
Mark Melnick 9:10  :\
Mark Melnick 9:10  lost 16 cents oh well
Lin 9:10  check out spyu daily balls to the wall, totally RISK ON
Lin 9:11  spy
Juan M 9:15  hey now
Mark Melnick 9:17  my data has a 90%+ success rate on Shines $100
Mark Melnick 9:18  it works… its sick…but it works
MikeB 9:21  Good morning all.
Amit 9:21  90%+ success is awesome Mark. Is this on swing trading or long trading performance Mark
Mark Melnick 9:21  swing via leaps
Mark Melnick 9:21  but
Mark Melnick 9:21  it would have worked with stocks too
Mark Melnick 9:22  by stocks
Mark Melnick 9:22  i mean it would have worked if u bought the stock too
Pepino 9:23  133.38, 133.17, 133.03, 132.87 (HOD), 132.63 ( important Fibo level), 132.50, 132.25 (Monday’s HOD), 132.06 ( PIVOT) , 131.95 ( last week High)………………… , 131.83 , 131.63, 131.47
Mary Beth 9:31  gm
Hafty 9:33  MILL moving
Benjur 9:34  GMGMGM
Benjur 9:34  hey
Benjur 9:35  nice double?
Benjur 9:35  i wanted to hold
Benjur 9:35  but i said i’ll take teh double
John D 9:36  wfr
Jeff D 9:36  WYNN solid
Mary Beth 9:37  X and MFN
John D 9:37  jaso
Jeff D 9:37  MCP
Hafty 9:37  GME quick drop
Benjur 9:39  yeah
Benjur 9:39  SNDK qtr was not very good
Bob S 9:39  SYMC
Mary Beth 9:39  airlines : LCC JBLU doing well
Dan T 9:40  OI moving
8ball 9:40  CNX ALMOST UNCHED
8ball 9:40  mary beth good eyes
Mary Beth 9:41  Gamestop dropping
Bob S 9:42  crushed symc
Nancy G 9:42  thanks,Mark — took profit on NFLX
Lieu 9:42  I out of NFLX calls, you are good
J D 9:43  gme
Bob S 9:44  LVS
Dan T 9:46  MNTA weakness
Lucky 9:46  AMZN popping
Steamboat 9:47  MRTN -transport stock great earnings yest
Benjur 9:47  which is good for me
Benjur 9:49  bad news good reaction?
Benjur 9:49  look at POT
greggdd 9:50  gm making new hi
Lin 9:50  mos
Mark CB 9:53  jcpenney’s Transformation Plans Revealed at Launch Event in New York City
David M 9:54  idix pos
Lily 9:54  gm all
Mark CB 9:54  MCP breaking out
David M 9:56  dmnd over a buck
Host 9:57  RIMM spiking up
Lieu 9:58  SNDK bouncing
Steamboat 9:58  spy i have same number resistance 133.38 fib extension
Dan T 9:58  JCP new highs
Benjur 9:59  high
Benjur 9:59 133.4
Benjur 9:59  lets watch thsi level
Bob S 10:00  and leading indicaros
Pepino 10:04  SPY 133.38, 133.17, 133.03 the 3 extensions so far working….
John D 10:05  CMA looks like short
Pepino 10:05  UAL keeps pushing up
Steamboat 10:06  KNX 35k prints 17.69
Pepino 10:07  LULU approaching again brekout point 64.49…. all time high??
John D 10:08  solars the space
John D 10:09  jaso beast
Benjur 10:09  still watching for a pull back
Bob S 10:12  RIMM in 6 cent range for 13 minutes
Gary A 10:16  I managed a quick profit on MNTA from $14.48 to $15.10
John D 10:16  CMA trigger lower at 28.50
8ball 10:17  excellent Gary
Lin 10:17  URI sweet
Lucky 10:19  AMZN day high
Benjur 10:20  nice to see you too
Benjur 10:20  but about to get off to work out
Benjur 10:20  lol
Brooks 10:22  viva los spurs
Benjur 10:23  financials pulling in
Steamboat 10:23  spy support 132.80- not sure it holds next level 132.53
Benjur 10:23  i dont think it iwlll
Lieu 10:24  Mark, MDT day hi
Benjur 10:24  ppl loook like they are running with profits
Benjur 10:24  brb
John D 10:24  CMA trigger
Bob S 10:24  GRPN S 4 break
Benjur 10:25  financials lows
Brooks 10:30  192 drawdown in NG
Hafty 10:30  negative audit committee chatter on DMND
Brooks 10:31  5 yr average -183 draw. Bullish number
Lieu 10:33  8ball, you are so right about RES down another 73c today
Steamboat 10:34  errily quite out there- bids seem to be disappering
Amit 10:35  PRIM is one of the few building sector stock is up for the day
Gary A 10:35  MNTA It’s really flying from its bottom today
Bob S 10:36  MWW
Steamboat 10:37  spy break of 132.50 stops sud woosh down to 132.28
John D 10:38  coverred CMA
Dan T 10:38  STI weak
8ball 10:49  lons losing traction?
8ball 10:49  longs
Mary Beth 10:52  Done for the day…everyone have a great day
Benjur 10:55  iono if losing traction
Benjur 10:55  but ppl taking profits
John D 10:55  CLDX mo, one to watch
John D 10:56  CLDX buyout candidate, couple of very promising cancer drugs in trials
Dan T 10:57  LNC descending channel
Dan T 11:08  LNC new lows
John D 11:08  JCP nice bull flag 5 min
Lin 11:09  breaking news Nancy Pelosi says she had a 3 some with Herman Cain and Newt
Dan T 11:09  UTEK big bounce
John D 11:13  like JASO action here, long 6 c stop
Dan T 11:13  NUVA back to yesterday’s breakout level
MikeB 11:15  watch RIMM here above 16.42
John D 11:17  JCP
Pretty Penny 11:21  Green Mountain Coffee still falling guys, stay away
Dan T 11:21  BLL good 1 point move higher
Mark CB 11:22  I agree since NTLX has to buy all its content and those prices will go higher squeezing their margins
clong 11:22  Careful pretty, GMCR just ran into its 50sma at 49.40 acting as support
Leo 11:22  I crushed it this AM on NFLX. Exited X Calls with small profit
Amit 11:23  Just curioous on NFLX business model. 3D movies are on rise. With explosion in 3D TV and 3D DVD players, I wonder if NFLX DVD busienss model gives them advantageover other providers that is different form the stream model. Becuase 3no one can stream 3D over the internet. Just a thought!!
Leo 11:23  Still trading X today. Watching the SPY and playing X. short and long.
Leo 11:24  thank you 8ball
Amit 11:24  :-)
Amit 11:25  I was there yesterday but it was too late for me to stop in
Amit 11:25  When is the next education session?
Pretty Penny 11:26  2nd week of Feb.
MikeB 11:26  RIMM trading above 16.42
Host 11:26  Amit, it’s Feb.20 – 24th
Pretty Penny 11:26  for more information give us a call at (212)874-3206
Benjur 11:26  pretty penny…
Benjur 11:26  lol
Benjur 11:26  havne’t seen that name yet
Amit 11:26  Sign me up!
Benjur 11:27  great call by pepe and steamboat this morning
Benjur 11:27  we are over 1 pt down
Benjur 11:27  ont eh SPy’s
Benjur 11:27  10 handles
John D 11:27  JCP to test day hi
Benjur 11:27 3.883
Benjur 11:27 3.91
Benjur 11:27  is high
Dan T 11:29  nice heads up on JCP, John D
MikeB 11:31  RIMM 16.50
Pretty Penny 11:31  interesting trends noticed with starbucks. lets keep an eye on it and see how it plays out
Dan T 11:32  half point move up from day low in LNC
MikeB 11:32  RIMM couls test the high
Amit 11:34  Thanks 8ball
Mark CB 11:35  SWK bull flag pattern on 60 min chart, possible breakout canidate
Jeff D 11:37  ack
MikeB 11:37  clear
Pretty Penny 11:37  Bernake is giving lectures at GWU- to be a fly on that wall!
Dan T 11:37  BLL continues to push higher, nice breakout from 38 level
Benjur 11:47  alright guys
Benjur 11:47  see you guys later
Sheila 11:50  MJN broke to the downside
MikeB 11:52  C j JPM showing strenght
Jeff D 11:53  Hey Mark, would you plz take a look at URI for e technical read? It’s had a tremendous, steady run-up since August, and popped 10% more this morning after earnings…
John D 11:53  JCP approaching day hi
Dan T 12:01  INVN down a point and a half from day high
Lucky 12:05  DNDN perking up
Frank W 12:09  good
Frank W 12:09  great
Jordi 12:09  good
John D 12:09  good mark
Frank W 12:09  better
David M 12:09  clear
Frank W 12:09  best
Frank W 12:09  ok
Bob S 12:10  ok
Amit 12:10  Loud and clear!!!
Dan T 12:10  KND good move up today
Pepino 12:10  NFLX 115.72 the 50% of today’s range…. then 116.53 resistance/breakout. to re-test high or higher….. and 114.85 as support/breakdown to retest low or lower…
Pepino 12:11  NFLX playing the middle range….
Bob S 12:11  F may be breaking down
Dan T 12:12  JCP new highs
MikeB 12:18  SPY 132.07 pivot line
Jeff D 12:20  ZNGA actually moving up with vol against this market pull-in…
Steamboat 12:25  shorting URI broke open tight stp using open px
Dan T 12:26  BLL at day highs
Jeff D 12:26  Dr J noted huge volume in NBR Feb 19 calls…
Bob S 12:26  BRCM and F both just broke S4
Lieu 12:27  How about CRUS for earning? should be good, cam eout and up EPS a week or two ago
Lieu 12:27  Mark, good call for URI short, no position
Lieu 12:30  CRUS run up from 14-18 level till 22 level now, any more steam for earning?
Jeff D 12:33  Lieu, if I’m not mistaken, roughly half of CRUS revenue comes from iPhone components – so given Apple’s report of gigantic iPhone sales this past quarter, you’d have to believe CRUS will report extremely strongly as well. At leasdt I’d think so. I suppose the issue is whether or not that expectation is already baked into the CRUS price….
Lieu 12:35  absolutely correct Jeff for CRUS, earning will be big, guidance and expectations are key
Lieu 12:36  perhaps some soldiers calls just like NFLX yesterday just to be in, very small
Taos Hum 12:38  JCP is climbing steadily
Steamboat 12:38  NBR been following for years- more or less a nat gas play- makes sense for someone to buy them-especialy after CEO step down- they have been shedding some assets also
Lieu 12:41  JCP on CNBC, positive on Ron Jonhson’s plan
Jeff D 12:42  Lieu, perhaps with a great report, CRUS could pop up to challenge its all-time high of around 25.50 (about a year ago)……
8ball 12:48  Contact us: info@shinesroom.com or call us at 212-874-3206
Jeff D 12:58  Hey Lieu, you there?
Lieu 13:00  just step out and back in now
Lieu 13:04  bought 10 CRUS Feb21 calls, volume 21 or 24. conservative with 21
Jeff D 13:06  Yes, i was going to point out that big volume in the Feb 24′s (as well as the 21′s). I may be joining you in that play after a little more research…
Benjur 13:10  but
Benjur 13:10  crus has already run
Benjur 13:10  off the aapl news
Benjur 13:10  IMO i would play it to teh short side probably through butter flies
Benjur 13:10  but I KNOW NOTHING
Lieu 13:10  Jeff, I used to work for LSI doing business with CRUS in 2003-2006, still remember LSI stock was always double CRUS. Paradigm shift today CRUS triple LSI (even with a boost of 12% for LSI today). Feb 24 calls look good, I was tempted since the OI < vol
Lieu 13:11  Benjur has a good view also.
Benjur 13:12  this stock in the last few days ran hard
Benjur 13:12  and fast
Sheila 13:12  Glad I got out og that one this morning
Benjur 13:12  im looking to butterflies to 18 support
Benjur 13:12  if it breaks then whatevers
P Money 13:13  tsla ripping
Benjur 13:13  i’d pay 40 cents for 1x2x1 22-20-18
Benjur 13:13  or
Benjur 13:13  a 1x3x2 22 19 18
Benjur 13:13  and pay up
Benjur 13:13  but again support at 18
Bob S 13:13  LVS trading well for 10 cent scalps
Benjur 13:14  clong can you private message me?
Jignesh 13:14  mark can u check emkr for me please?
Bob S 13:14  any idea what time Krull will be on? I am away from PC for awhile, will set an alarm for that fun
Dan T 13:18  MUR
FLASH 13:19  Murphy Oil (MUR) CEO Says May Split in Two Companies
8ball 13:31  Krull split for the day
Pepino 13:42  SPY 131.95 is last week high and a crucial level to regain……
Bob S 13:43  GOOG 555 put at 10 cents could be good lotto ticket
John D 13:53  otex wants day high
Taos Hum 13:54  MUR is Moving!
Benjur 14:03  the regionals are getting smacked
Benjur 14:03  IMO it’s off the Housing #’s
Benjur 14:03  options market pricing in a 15% move for
Benjur 14:03  CRUS
Benjur 14:03  and these regionals
Benjur 14:04  are starting to hit lows
Dan T 14:12  APKT
FLASH 14:17  Option Alert: JC Penny (JCP)February 37/39 Put Spread; Block Trade, 6,000 Contracts
Bob S 14:22  Ben: couldn’t follow your chain there. Is it crus pricing in 15%?
Dan T 14:30  CTCT down over 2 points from day high
Benjur 14:32  yeah
Benjur 14:33  well the straddle
Benjur 14:33  is trading for almost a 3 pt move
Benjur 14:33  @Flash ><— i’m going for a 40/40 calendar spread on JCP for about .5
Benjur 14:33  i wonder if it will get down there
Benjur 14:34  oh how fast this market trades
Benjur 14:34  we are off about 18 pts on teh e-minis
Benjur 14:34  highs to lows
Dan T 14:38  continued weakness in CTCT
Benjur 14:42  is anyone talking
Benjur 14:42  or is it just silence
Benjur 14:42  not sure if my headset is working…
Lin 14:44  no sound
Benjur 14:44  lol
Lin 14:44  takeing a siesta?
MikeB 14:46  CIGX
Dan T 14:46  CJES down point and a half
Leo 14:48  SPY is still in an uptrending channel on the daily.
J D 14:50  CIGX
Frank W 14:56  QSII
Dan T 14:57  great heads up on CIGX, Mike
MikeB 14:57  tnx Dan
Lieu 15:02  sndk lo of day and NEM negative
Lieu 15:04  Bob S, not in but your lottery GOOG doubled
John D 15:09  3 resitance on weekly
John D 15:12  CVX and F report in AM, both trade weeklys, lotto ticket anyone..?
John D 15:15  it seems one could take out of money weeklys both long and short for like 5c and if you get a good move either way you will make money
Amit 15:18  Seems like an orderly pullback in market. May be SBUX will inject some caffine into the market tomorrow.
Mike 15:19  Is mark on?
Dan T 15:20  JCP back over 40 level
Amit 15:20  This pull back presents oppertunity to buy INVN. Just added INVN :-)
Mike 15:21  is melnick on today?
Pepino 15:22  the levels today….133.38, 133.17, 133.03, 132.87 (HOD), 132.63 ( important Fibo level), 132.50, 132.25 (Monday’s HOD), 132.06 ( PIVOT) , 131.95 ( last week High)………………… , 131.83 , 131.63, 131.47……. last decent support 131.47……..
clong 15:23  Melnick was in the office today on the broadcast……he just left to goto a meeting i think
Mike 15:25  Ok thank you
Mark CB 15:25  GOOG lod
Bob S 15:35  ANF breaking S4
Leo 15:37  Call Volume picking up in SBUX Feb 18 49 calls. in at .85 now 1.17
Dan T 15:38  UTEK up over 3 points from day lows, huge move up after morning weakness
MikeB 15:38  GERN
Taos Hum 15:38  JCP is a monster today
Leo 15:39  SBUX 49 calls Volume greater than OI.
Leo 15:39  3666 vol vs. 3382
Leo 15:39  vol vs OI
Leo 15:40  SBUX 49 calls now at 1.29 go baby go
Dan T 15:41  JCP near day highs
John D 15:58  ENER, look at that flag breakout move on daily
Doug W 15:59  SWI getting some price/vol increase here at the end, after popping up over $1 this morning, then pulling back with the market. Still looks like it wants to break out here very soon. Check out daily chart. Picked up some more at $31 earlier
Doug W 16:00  Going to do some more research on SWI earnings expectations tonight. Meantime, tight stops. Profit-wise, I’m flat right now.
Steamboat 16:00  I think everyone came in a bit to bullish today- lots of cross currents – VIX touch bottom of wedge tredling at 17.10 break trough 20.50 breakes it out time will tell
Amit 16:03  Iguess SBUX will be selling Booz
Lucky 16:05  good night
Amit 16:07  CPHD blow out the number
Dan T 16:08  good price action today. good night everyone
Mark CB 16:11  Would not surprise me if JNPR went down to 17.00

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