Monday Jan 23 Morning Notes

Dodged a massive bullet Friday morning when I came in way too high on PG, then when I inadvertently tacked on more PG straddles when I had intended on ordering KSU straddles. Instantly went down 35%, managed to close position for +16% . Would have closed it for +22% had I not tacked on those extra straddles by accident with a shitty fill.

Earnings: Yesterday AMC: AXP, IBM, SWKS
Today BMO:  GE, KSU, PG, SLB, SYF
Other News:  QCOM crushed 6% on lawsuit news from AAPL, stock tanked Friday afternoon at the close as well; CSX rallying 2% in pre-mkt on report that stock could trade up 80-100% if it manages to get a deal done; AMC +1% to buy Nordic Cinemas for $930m

GAINERS:


LOSERS:
QCOM: -5sd at 59, 1m, b/a 0.02. 1sd = 1.2%

FLAT:

Follow Through Watch:
Earnings names: AMC: AXP, IBM, SWKS
BMO: GE, KSU, PG, SLB, SYF

Other News: BMY crushed 8% on drug news meanwhile MRK pops 3%

2day old news: CSX ripping 19% on CEO stepping down, co entertaining t/o; MNK volatile y'day after court ruling; CCJ bounced +10% after getting destroyed a day prior;

TT Track of the Day: The Mamas and the Papas - Monday, Monday... people used to listen to some seriously goofy shit, huh?