Shine’s Trading Room Stock Market Research Report Chat 12-23-11

 

 

 

 

 

 

 

 

Name Time Chat
FLASH 8:04  Good Morning
FLASH 8:20  SunPower (SPWR) acquires Total (TOT) subsidiary Tenesol SA for $165.4M concurrent with a deal under which Total agrees to purchase 18.6M shares of SunPower common stock in a private placement at $8.80/share – marking a 50% premium to yesterday’s close. After the sale of Tenesol, Total will own close to 66% of SunPower’s common stock.
FLASH 8:24 Piedmont Natural Gas (PNY) Reports Results For Fiscal Year 2011
Bob S 8:27  gm
Heath W 8:27  Good morning
8ball 8:28  good morning and Happy Holidays
Bob S 8:32  unreal, even in bankruptcy, AMR is allowed to buy 32 boeing planes
Barclay F 8:39  gm
Kip L 8:42  gm
Leon 8:46  Good Morning
FLASH 8:51  Akamai (AKAM)price target raised to $35 from $31 at CLSA
Semi 8:52  gm
Doug S 8:52  GM!
8ball 8:53  Doug_ great headsup on Dmnd yesterday!
Sheila 8:53  GM
8ball 8:54  went through the chat posted to or site saw
Lin 8:56  melnick is probably staring at the mirror asking himself if he wants to give himself $$$ about this time of day
Semi 8:57  lin lol
8ball 8:57  lol
Lin 8:58  we all need that mantra
8ball 8:58  SD gap to fill @ 9.64
Amit 8:58  Good Morning
FLASH 8:59  JP Morgan Reiterates Underweight on CEDC, Lowers Target to $3.85
FLASH 9:00  Sterne Agee Maintains Buy, $24 Target on PHH
Amit 9:01  Happy holidays
Lieu 9:01  gm
AL 9:01  CIT Group (CIT) says it will soon have eliminated or refinanced more than $17B of its first- and second-lien debt since the beginning of 2010, continuing a string of such announcements over recent months. CIT +1.4% premarket.
AL 9:02  Canadian real GDP was unchanged in October (the first month of Q4) against forecasts for a 0.1% increase, and a 0.2% increase in September. On a Y/Y basis, GDP grew 2.7%, down from 3.0% in September.
Mary Beth 9:02  gm
Doug S 9:03  Thanks 8Ball! :) Happy Holidays to you and yours!! :)
FLASH 9:05  Wal-Mart, Supervalu Pull Some Enfamil From Shelves (effects MJN)
Leon 9:06  Happy holydays family
FLASH 9:07  Capital One (COF) Allegedly Pursued 15,500 Erroneous Debt Claims: WSJ; Shares Up 0.8%
Amit 9:07  I hearing lot of echos. Just curious if it my old pc/network conenction or everyone is hearing the echo
AL 9:07  On the hour: S&P +0.36%. 10-yr -0.15%. Euro -0.01% vs. dollar. Crude +0.36% to $99.89. Gold -0.53% to $1609.65.
Jim Broderick 9:07  CBK earnings
FLASH 9:08  SPWR
FLASH 9:08  RMBS
FLASH 9:08  BRCM
FLASH 9:08  Enfamil concerns could be opportunity for Perrigo (PRGO), says Collins Stewart
FLASH 9:09  Rodman & Renshaw Maintains Outperform, $57 PT on ONYX Pharmaceuticals (ONXX)
AL 9:09  Christopher & Banks (CBK) reports FQ3 losses of $0.79/share, wider than a year-ago $0.26 loss, with revenue rising to $123.9M vs. $120.9M a year ago but gross margin falling to 21.7% from 35.9. CBK expects margin pressures to continue in its FQ4. CBK -2.6% premarket.
Mark Melnick 9:10  DMND long 31.13 RMBS long 8.34 long 9.45 SD long 9.10 MJN short 67.30 BIDU long 116.76 VVUS long 9.37 SINA long 54 AAPL long 400.89 AKAM long 31.95 short 30.60 BRCM long 29.95
David M 9:17  no echo here
FLASH 9:17  Amit it’s because you have the Broadcast open twice
AL 9:18  Praxair (PX)works out an agreement to acquire one of its long-time distributers – Texas Welders Supply – for an undisclosed amount in a deal expected to close by year-end
8ball 9:19  push the full screen to enlarge Pepe’s chart
Juan M 9:19  hola
FLASH 9:19  Magnitude 5.4 Quake Jolts Philippines
8ball 9:19  EC pipeline explosion
8ball 9:20  sfly misses
phil 9:22  RSX indicating negative
Amit 9:22  Thanks flash. I got it.
Lin 9:22  grabbed a few sd
Lily 9:24  gm
Bob S 9:28  there goes mjn
Mark Melnick 9:29  SINA BRCM BIDU 3 names for me this open
Doug W 9:30  WLT DMND AAPL all gapping up
Bob S 9:31  MJN halted
Lin 9:31  sd rip
Doug W 9:32  ONXX up another $1.60
Doug W 9:34  DMND pulling back to around 30
Doug S 9:36  aapl hod
8ball 9:37  great look Doug W
Sheila 9:37  MJN bouncing back
Doug W 9:37  AAPL breaks 400
Hafty 9:37  SODA popping
Doug W 9:38  DMND coming back a bit
Semi 9:39  ATPG in the upper B.B. after 3 day rally on good volume
Hafty 9:39  SODA in an interesting consolidation pattern since it fell in August
Phillyman 9:39  TRIP
Julie R 9:41  biggest % gainer I see is ONXX ILMN BIDU SOHU VMW CSIQ
Sheila 9:41  SD 9
Semi 9:42  TRIN is negative ( > 1.0)
Julie R 9:43  biggest % losers GDXJ LDK NYX CRM ACI NFLX SAP CNX in that order
Dan T 9:48  CHS volume spike
8ball 9:49  education stocks showing relative strength last couple of days
8ball 9:49  apol,dv,stra
Julie R 9:52  add EDU to that sector too
David M 9:55  cramer did positive story on DIS
Mark CB 9:56  New Home Sales comes out in a few minutes and we could get a pop from that number.
Semi 9:57  Shinesroom shutting down early…Q…any guess as to effect on market with possibly many active traders leaving early…going home mostly flat? possible market weakness pre noon time? any educated guesses??
8ball 9:57  thx MarkCB
Barclay F 9:57  RMBS wedging on the 2s
Barclay F 9:57  out of Sina with a nice profit, good call Melnick
David M 9:59  kung fu shine
Semi 9:59  didn’t mean to be funny
Doug W 9:59  RE: that anticipation…. DMND has pulled back under 30. Anyone following this one to get a bead on expectations?
Doug S 10:00  DMND with a bit of a decending wedge on the 5. Still digesting on a BF on the 15.
Doug W 10:01  Thanks Doug. Wondering about a swing time period though. This one looks overdue
Julie R 10:01  FXE FXA dropping
Sheila 10:01  mcp day low
Julie R 10:01  important for EUR/USD to hold 1.30
Amit 10:02  DMND pattern continues :-)
Dan T 10:04  UAL selling off
Doug W 10:05  SINA doing well….actually better than well
Barclay F 10:05  Melnick, where’s the resistance and support now on SINA?
Doug W 10:08  watching GNC on a .21 pullback from 28.96
Doug W 10:10  just missed GNC at 28.68, now 28.80
Barclay F 10:11  Melnick, is 55.74 another breakout areaa for SINA?
Amit 10:13  Doug W, GNC is a real good one.
Lin 10:13  yhoo dead today
Doug W 10:14  Amit: Thinking about picking up some GNC for a swing on any pb
Jeff D 10:15  USB moving decently in the past 30 minutes…
Amit 10:17  GNC had a strong qtr
Mark CB 10:18  FSLR moving up on volume
Barclay F 10:19  Melnick, where’s our support on RMBS?
Mark Melnick 10:19 7.34
Mark Melnick 10:19  for gap fill lol
Amit 10:19  GNC EPS growth avg is at 54%. This to me is long term rather then Scalping
Slick 10:19  LO breakout
Doug W 10:21  Just thinking I may be a bit late to the party Amit. On GNC
Bob S 10:22  That was a lot of work to breakeven for day!
David M 10:22  when u figure 1 moo treasuries went neg, div payers like LO make sense
Lin 10:24  doug w gnc involved with anatblok natural auto immune blocker
Dan T 10:25  some weakness in FNSR this morning
Dan T 10:26  WFC at day highs
Amit 10:27  Doug W, GNC seesm to be consolidating. Mutual fund managers are buying. Money flow seem to have tappered off but RSI is moving higher. It possible taht GNC might be forming a base?
Phillyman 10:27  looks like a wating game today, just wait for that mover
Bob S 10:27  NVDA on strong pivot support
Dan T 10:29  CHK filled the gap
Doug W 10:29  Amit: IBD had a brief note on it today. Stated as a leading stock in accumulation mode. It’s doubled since coming out in April.
Lin 10:29  sbh in same space as gnc for womens beauty
Julie R 10:32  way to go Mark, Sina’s 55 calls weeklies paid over 500% from the open!!
Doug W 10:32  picked up a little more DMND at 29.58. over 400K sh trading today already…right up there with GOOG today. Thinking this one is forming some legs, picking some up on a weak day.
Dan T 10:33  CIG picking up some steam
Doug W 10:33  Hope Mark is wrong on the 27.12 direction !!
Doug W 10:34  I know he’s not though.
Barclay F 10:34  three green SINAs doing better than two red RMBS
Amit 10:35  Doug W, I might buy GNC on next pullback.
Doug W 10:37  Yeah Amit, I’m looking to do the same
Roger 10:37  what was that news on AMZN?
Slick 10:38  Mark, time permitting, please analyze S on the daily. Bull flag pattern after descending channel resistance break with volume?
phil 10:39  I fanyone is interested there are some good DRV diagnol spread opportunities…Ive been getting $2 for Feb $53 calls
Doug S 10:42  DMND breaking
Pepino 10:43  RIMM pulling to pivot point 13.86 !!! 3 cents of re-testing lows
Julie R 10:44  AMZN still a great short
Doug W 10:46  DMND getting a little bounce now
Lin 10:46  vhc vol is tepid
Semi 10:47  5 min spy sto trying to make lower high…macd trying to cross down
Doug W 10:49  Roy Rogers !! Yee Haa
Lin 10:49  got my chaps on
Slick 10:49  it must be aromatic in the office on wall today
Mark CB 10:51  FFIV major descending channel on 5 min chart
Mark CB 10:52  FFIV lod
Dan T 10:53  CHS new highs
Bob S 10:54  Julie: Great trade on SINA calls. You use lspeed for options?
Semi 10:54  oil service holders= strongest etf so far today
Doug W 10:54  You’re good there
Dan T 10:55  SFLY dropping hard after hitting day highs
Jeff D 10:56  Julie, would you please define “pin”?
8ball 10:57  SFLY broke for 3pts holy
8ball 10:57  retraces to pivot pt breakout …
Jeff D 10:58  thx
Barclay F 11:01  i keep waiting for SIN to stop fighting the tape
Lin 11:03  symbol was?
Lin 11:03  sfly
Doug S 11:04  Mark, did you say your stop on SFLY was 23.49?
Mark Melnick 11:05  yes
Mark Melnick 11:05  long aapl sfly
Mark Melnick 11:05  very light here
Mark Melnick 11:05  23.49 stop sfly
Mark Melnick 11:05  aapl 399.99 stop
Barclay F 11:09  Melnick, how about a look at SINA here
Mary Beth 11:09  Could you repeat the news on akrx ..missed it..thx
FLASH 11:11  Hearing Akorn Recent Weakness Attributed to FDA Inspection Letter
Slick 11:13  SPY hod 40 cent range
Slick 11:14  126.09, SPY 200 day sma
Doug W 11:15  MDT steady up again today
Amit 11:15  MCD looks strong
jeff 11:15  Mark have you looked at RAM…up 100% yesterday on a recap plan
Julie R 11:16  early buyer of VHC March 30 calls 1k contracts, looking for upside
Doug S 11:16  It’s stopped me at 23.49, had to get back in higher
Semi 11:17  spy h.o.d.
Slick 11:17  Fly in hand
8ball 11:17  awesome everyone!
J D 11:18  nice sfly
8ball 11:18  MM ur mic on mute
J D 11:18  I had the same stop mark
Doug S 11:18  Interesting, got back it @ 23.65 so working now:)
8ball 11:18  no worries my man
J D 11:18  no
Doug W 11:18  DMND falling hard
Doug S 11:19  Looks like I was executed @ 23.50
8ball 11:19  sfly sold
Ken F 11:19  Merry Christmas to all!!!!!
Julie R 11:20  WMT yes believe it or not making new highs
Mary Beth 11:22  lol
Slick 11:22  Long Maalox
Semi 11:23  ty ken f
Mary Beth 11:24  KOG HOD
Dan T 11:25  GRPN spike up
Doug S 11:27  LNKD hod
MikeB 11:28  Happy Holidays everyone
Amit 11:28  Regional banks are showing some life.
Frank W 11:29  REGN
Dan T 11:29  SFLY at 24 level
Doug S 11:29  SFLY $24
Barclay F 11:29  8ball, need a read on SINA, trying to figure why it is fighting the tape
Amit 11:30  ETF symbol KRE for the reginal banks is in up trend
Barclay F 11:30  I mean in the immediate sense
Julie R 11:30  SPY strong
MikeB 11:31  watch X here 25.73 LEVEL
Randir 11:31  qqqq ramping up
Dan T 11:31  FIO now up a point
andyo 11:31  VHC through 26.76
MikeB 11:31  JPM positive again
Phillyman 11:32  Verizon VZ
MikeB 11:33  DMND lod
Doug W 11:33  DMND continues its blind grope for the dirt
Amit 11:33  Mark, you called it this morning on AAPL long $400.89. Price reached to 400.77
MikeB 11:34  SD 8.49
Dan T 11:34  CHS consolidating at day highs
Randir 11:36  NFLX creeping on me…up 50 cents in past 10 minz or so
Randir 11:36  perfect bounc off 73 price
Sheila 11:36  SLB hod BHI doing nothing
Dan T 11:38  nice rally in ACOM
Randir 11:39  only for minutes or sheer seconds!
Amit 11:39  nice
MikeB 11:39  what link was that Lol
Doug W 11:39  Uh …
Amit 11:39  is that a youtube on this?
Amit 11:40  we are all adults here. it okay
MikeB 11:40  funny
Mark CB 11:41  Xtra quantitative easing explained on you tube is also very funny
MikeB 11:41  JPM weak
Semi 11:42  re mcp… avl up 5%+
Doug W 11:43  DMND lod again
MikeB 11:43  shorted some JPM 33.47 33.51 stop
Sheila 11:43  MJN lod
Doug W 11:44  Check out FIO today
Dan T 11:45  NIHD volume increase
Julie R 11:46  MGM MOTR
Julie R 11:46  for a cheapy, don’t trade the MOTR myself
Barclay F 11:47  I don no 8ball, SINA still looks lke its fighting the tape on a descending channel, maybe profit taking
Doug W 11:48  DMND bounces back to 29
Slick 11:50  tree of patience producing abundant harvest
Laser 11:51  8Ball, when you get a moment, can you call jaz. thx!
Doug W 11:51  ONXX strong. 2 big green bars and still higher
Doug W 11:52  ONXX on fire hod
Dan T 11:54  NIHD pulling in after hitting day high
MikeB 11:54  55.41 is r1 pivot line on SINA
MikeB 11:56  lol
Randir 11:56  MJN swinging upwards
MikeB 11:56  55.73 20 ema on 5 min SINA
Doug W 11:56  in SINA with you 8ball at .43
Doug S 11:57  Lungh!
Doug S 11:57  Lunch!
Slick 11:58  LO new highs
MikeB 11:58  X 25.90
Doug W 11:59  still in SINA
AL 11:59  Reminder: we are going off at 1200pm for the holiday weekend
MikeB 11:59  r2 57.12 on SINA
Pepino 12:00  ORCL reaching the high when gapped down 25.99 trading at the high right at resistance/breakout….
MikeB 12:01  MikeB .: watch X here 25.73 LEVEL now trading 25.92
Randir 12:01  8Ball ..you on the money broham!
Semi 12:01  happy holidys to shinesroom members and staff
Doug W 12:01  thanks for the heads up on SINA 8ball still in there
MikeB 12:02  SINA 55.79 is 15 min high
Doug W 12:02  been waiting all morning for one like SINA
Doug S 12:02  Happy Holidays you guys! Have a great weekend! Looking forward to a great next year & sure appreciate you guys! :)
James V 12:02  Happy Holidays and thanks to everyone
Mark CB 12:02  PANL making a big move up
Jignesh 12:04  happy holidays everyone
Alex S 12:04  Make it a GREAT Holliday be safe Thanks for ther help!
Sheila 12:04  Merry Christmas!
MikeB 12:04  NVLS almost positive
Hafty 12:04  happy holidays!
Kip L 12:04  Thanks everybody
Amit 12:05  Happy Holidays!
Roger 12:05  Merry Christmas to all
Amit 12:05  Thank you for your ongoing education to make us a better trader. Looking forward to a great 2012
Doug W 12:05  Merry Christmas and Happy Hanukkah to everyone
Mark CB 12:06  Happy holidays everyone!
Lily 12:06  thanks all & Merry X,mas
AL 12:07  Reminder: the Market will be closed the next two Mondays
Frank W 12:09  Best of health to everyone
Julie R 12:09  Happy Holidays to all! All the best in 2012 for Team Shine!
MikeB 12:10  Good health to ALL!!!!!
Randir 12:10  Happy Christmas everyone!
David M 12:10  god bless us everyone
Randir 12:11  thanks Mr. Shine for putting together a team of Aces!
Amit 12:11  Peace, Prosperity and Good Health in 2012 to all
Laser 12:11  Thanks Dave!
Randir 12:11  run the track!
Laser 12:12  Happy Holidays All!
Mark Melnick 12:12  LOL
Doug W 12:12  Jose…….with a steeeeek
Mark Melnick 12:12  lol
Randir 12:12  Im taking a few shot tom for the entire team..mr . blye label may be joining me!
SHINE ON 12:12  awesome!
Randir 12:13  blue label
SHINE ON 12:13  happy holidays and enjoy!!
David M 12:13  kettle one with eggnog chaser
Doug W 12:14  There goes SINA
Doug W 12:14  almost
Doug W 12:14  premature enunciation
David M 12:15  lol hate when that hapens
Doug W 12:15  That’s what she said
Julie R 12:16  a special cheers to the SPY golden 61.8% retracement, long SPY and swings working well! Long live technical analysis!
MikeB 12:17  Good night 8 ball

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