Stock Trading Plan for Tuesday Feb 28, 2017 in Compound Trading Chat room. $ROX, $SBY, $LIFE, $TEUM  – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains and $JUNO on a nice swing.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Same. Looks like Target and Valeant among others getting hammered premarket. I’m holding $VRX without panic – but Target I’d think twice about. Watching $UGAZ, $GDX, $NUGT really close here.

$TGT, Premarket, Trading, Plan

$TGT Target only down 12.87% Premarket – not bad considering singularity right around the corner. https://www.tradingview.com/chart/TGT/ZnDz7LSi-TGT-Target-only-down-12-87-Premarket-not-bad-considering-sin/

Watching Natural Gas.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $ROX, $SBY, $LIFE, $TEUM 

On the hour

Feb. 28, 2017 8:00 AM ET|

S&P -0.08%.

10-yr +0.02%.

Euro +0.01% vs. dollar.

Crude -0.28% to $53.90.

Gold -0.39% to $1,253.85.

8:30
GDP Q4

8:55
Redbook Store Sales

9am
Home Price Index

9:45
Chicago PMI

10am
-Consumer Confidence
-Investor Confidence

3pm
Fed Harker: Economic Outlook

3:30pm
Fed Williams: Economic Outlook

6:30pm
Fed Bullard: U.S. Monetary/ Economic Policy

BREAKING: US Q4 2016 revised GDP up 1.9% vs 2.1% growth expected

U.S. Concrete earnings top forecasts. $USCR up 5% #premarket.

$THC shares down 11.3% premarket

Tenet Q4 top line down 4%; non-GAAP earnings down 83%; cash flow ops down 46%; shares down 11% pr… http://seekingalpha.com/news/3247106-tenet-q4-top-line-4-percent-non-gaap-earnings-83-percent-cash-flow-ops-46-percent-shares-11?source=feed_f … #premarket $T

#Ionis Pharma trades higher premarket after Q4 #earnings, revenue beat.
$IONS +4.26% at 48.90

Valeant shares down 5% premarket after company reports wider loss http://www.marketwatch.com/bulletinredir.asp?guid=%7BDFB63151-F461-4679-8777-3F53B11C5714%7D&siteid=bulletrss …

Sizzling sales numbers from Domino’s Pizza http://seekingalpha.com/news/3247077-sizzling-sales-numbers-dominos-pizza?source=feed_f … #premarket $DPZ

$CEMP is down 10% premarket on light volume in response to its announcement that a Phase 3 clinical trial

Seadrill -12% as it warns of possible Chapter 11 bankruptcy http://seekingalpha.com/news/3247075-seadrill-minus-12-percent-warns-possible-chapter-11-bankruptcy?source=feed_f … #premarket $SDRL

Workday shares down 5.2% premarket.

Priceline shares up 3.4% in premarket trade after earnings.

Shares of TGT down 11% in premarket after the pro-radical LGBT retailer missed profit expectations.

$DRYS up nearly 10% premarket with new dividend policy.

3D Systems lower 4% despite earning beat http://seekingalpha.com/news/3247091-3d-systems-lower-4-percent-despite-earning-beat?source=feed_f … #premarket $DDD

OPEC OUTPUT INCREASED 55K B/D TO 32.245M B/D IN FEB: JBC

Target forecasts surprise drop in 2017 comparable sales, shares sink in premarket trading http://reut.rs/2mzYpl2 via @Reuters

Ladder Capital gets $80M investment from Related http://seekingalpha.com/news/3247107-ladder-capital-gets-80m-investment-related?source=feed_f … #premarket $LADR

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List:  $ROX 54%, $SBY 18%, $LIFE 17%, $TEUM 10% $RNVA $DRYS $CANF $IDRA $BONT $IMGN $FRO $JNUG $CY $GOGL $IONS $NAK $MYSZ

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades:  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $ROX, $SBY, $LIFE, $TEUM  – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday Feb 27, 2017; $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY  –  $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM etc 

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expect to have posted to Youtube by Mar 5, 2017.

Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:

Monday was very calm for me – I was on tel-conference most of day with media so I had my eye on monitors but that was about it. I did talk to some members and reviewed transcript, and considering choppy market members did quite well.

Momentum / Note-able Stocks Today (via FinViz):

Momos: $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY

Ticker Last Change Volume Signal
HTGM 3.18 158.54% 19758304 Top Gainers
LJPC 35.12 76.75% 18279338 Top Gainers
I 5.87 25.16% 1110924 Top Gainers
IMGN 3.28 21.03% 7736301 Top Gainers
VOXX 5.05 20.24% 365553 Top Gainers
VRAY 5.71 19.96% 3489574 Top Gainers
LJPC 35.12 76.75% 18279338 New High
AIMC 41.00 4.46% 337628 New High
I 5.87 25.16% 1110924 New High
MLP 9.35 9.36% 24229 New High
LMIA 13.75 0.29% 102014 Overbought
WOOF 90.99 0.01% 588389 Overbought
DDEZ 26.25 -0.19% 105597 Unusual Volume
HTGM 3.18 158.54% 19758304 Unusual Volume
LJPC 35.12 76.75% 18279338 Unusual Volume
HRMN 10.20 0.27% 1049132 Unusual Volume
AHT 6.80 6.08% 1646153 Upgrades
AAMC 71.10 0.78% 3865 Earnings Before
ASPN 4.06 1.25% 71325 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM (this is the daytrading portfolio and does not represent swing trading service portfolio):

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

09:14 am   Curtis M : Protected: PreMarket Trading Plan Mon Feb 27 $LJPC $PIRS $ONCS $SGMO $GOGO $FIT LINK: https://compoundtrading.com/premarket-trading-plan-mon-feb-27-ljpc-pirs-oncs-sgmo-gogo-fit/ PASSWORD: PREMARKET022717

Transcript:

09:10 am Sandra Q : fr Curt Protected: PreMarket Trading Plan Mon Feb 27 $LJPC $PIRS $ONCS $SGMO $GOGO $FIT LINK: https://compoundtrading.com/premarket-trading-plan-mon-feb-27-ljpc-pirs-oncs-sgmo-gogo-fit/PASSWORD: PREMARKET022717
09:12 am Mathew Waterfall : Not much exciting me here. Will be looking at $GDX calls on fiurther weakness however
09:19 am Curtis M : On a conference call for open but will post trades in chat.
09:26 am MarketMaven M : curt $BSTG
09:30 am Sandra Q : Long $CLRB
09:30 am sandeep a : Adding to $UGAZ
09:31 am Mathew Waterfall : $UGAZ/$SWN adds. averaged down far enough in both. Dont with the ads there
09:31 am lenny e : $NE long on pb
09:32 am lenny e : Curt you were dead on with $OWCP
09:33 am lenny e : $LJPC likely stops here
09:33 am darnel t : long $WKHS
09:34 am Optionsavvy none : gm
09:34 am MarketMaven M : $WKHS huge contract news for company that size
09:35 am Optionsavvy none : ONCS looks sad on near time frames
09:36 am Optionsavvy none : WKHS came up on scans a week ago. I DD them and looks like decent support here in low 3s. like that one
09:37 am darnel t : There goes Curt’s $OWCP and I didn’t take on Fri
09:37 am Sandy S : $CNBX 17%
09:38 am lenny e : $GOGO gadget go 16% not bad
09:39 am Optionsavvy none : am I supposed to be hearing audio ?
09:40 am lenny e : $UGAZ very temting
09:40 am lenny e : Options Curt on conference call no audio yet
09:40 am Mathew Waterfall : $UGAZ is longer term swing for me. Only way I like to play natty unless you keep the leash super tight
09:41 am lenny e : $OWCP has news too
09:41 am lenny e : $KTOV wow rocket
09:42 am Curtis M : $OWCP rock star – preached it but not in it right now ugh
09:43 am Curtis M : Should be done on conference call 1045 fyi
09:43 am Curtis M : pre interview for program prep
09:44 am Sandra Q : $JAGX ss
09:44 am Sandy S : $SLV add to long swing
09:45 am Sandy S : Long time frame $SLV swing ( 3mos approx)
09:46 am Curtis M : Nce call on $WKHS looks good
09:51 am lenny e : $LJPC crazy strength
09:52 am Orlando V : $OHGI micro play long starter
09:52 am Curtis M : morning Orlando – welcome to the group!
09:53 am Curtis M : Been watching $OHGI for a few weeks Orl
09:54 am Del E : $OWCP have to say decent play
09:55 am Curtis M : $OWCP looking for pull back wash out type play or over 52 week high now 3.25 ish
09:55 am Curtis M : had finger on trigger EOD Fri and ddn’t pull
09:56 am Cara R : $TSLA lol Elon pissed someone off
09:56 am Optionsavvy none : BLPH looks like it might go soon
09:58 am Cara R : ya we been watching $BLPH $OHGI $BSTG and a few others with keen interest – Curt’s been in and out of them waiting for a break I think like $OWCP
09:58 am Optionsavvy none : IRMD popping up on scan just watching for now
09:59 am Optionsavvy none : SRRA up on scan also but caution its being pumped a lil
10:02 am Paul M : Pending home sales drop unexpected they say.
10:02 am Optionsavvy none : XHB bullish on home builder neg
10:03 am Cal E : Curt, followed your $VRX last week…. looks really good fyi
10:05 am saul r : $TSLA 50 MA near
10:05 am Curtis M : Morning Saul welcome aboard!
10:08 am Jack D : Curt, speaking of $VRX I followed that one too and $AMZN from swng newsletter, you never published a $TSLA swing….. thoughts on 50 MA?
10:08 am Curtis M : don’t like $TSLA lol
10:08 am Orlando V : lol
10:09 am Curtis M : may be decent short term bounce but not my thing
10:09 am Mathew Waterfall : That’s basically the same thing I said in here last week
10:09 am Sandra Q : ya Mat and Curt agree
10:09 am Sandra Q : just not my thang
10:10 am darnel t : $EVOK jig
10:10 am darnel t : $ENPH b/o also
10:10 am Optionsavvy none : Curt with your CL alerts are you using the cash contract or the CL_F current month ?
10:11 am Curtis M : FX: $USOIL $WTI
10:11 am Optionsavvy none : so CL_00 or CL_F ?
10:11 am Optionsavvy none : ok thanks … I was looking at futures wondering where you pricing was coming from 🙂
10:12 am Curtis M : $KBSF halt
10:17 am Sandy S : Not sure about $NATGAS here ….
10:20 am Sandy S : $RTN on the move
10:23 am lenny e : long $X
10:29 am darnel t : Mathew, I know Curt’s on a conference call…. wondering if you know significance of why it is important when Bonds and Stocks moving in Tandem re: Curtis’ tweet? any thought?
10:31 am sandeep a : $TWTR call flow guys
10:32 am sandeep a : I can DM you a response to bonds darnel
10:32 am Mathew Waterfall : On the mic
10:32 am Curtis M : kk
10:33 am Curtis M : $HTGM halt
10:36 am Del E : Long some $TSLA lol
10:37 am MarketMaven M : thanks Mathew!
10:37 am sandeep a : ya mat
10:39 am Mathew Waterfall : No problem, kind of a messy question to answer as like I said there are a couple variables in bond pricing even leaving out spreads and things like that
10:39 am Sandra Q : 🙂
10:40 am Curtis M : appreciate that Mat – better grasp than I have on it
10:43 am Curtis M : $AMD finger on trigger numerous times over last month ugh
10:44 am Mathew Waterfall : Soe decent call flow in $AMD today to follow last weeks action as well
10:48 am Mathew Waterfall : $CHK swing starter
10:49 am Sandy S : $KALV long r/g
10:54 am Sandy S : Gold HOD
10:55 am Mathew Waterfall : Miners to the launch pad please, miners to the lanchpad
10:55 am Sandy S : lol
10:58 am Mathew Waterfall : on the mic
10:59 am Curtis M : kk
11:05 am lenny e : Mats updates needed 🙂
11:05 am pete f : yup
11:07 am sandeep a : thanks as usual mat
11:08 am Sandra Q : taking lunch
11:13 am Mathew Waterfall : you bet guys. Im going to take a quick breka as well
11:15 am darnel t : Gold b/o
11:18 am Mathew Waterfall : gold testing the 200 day. Through that should have some power
11:18 am Mathew Waterfall : k now break. back in a few
11:23 am Sandy S : yup unch
11:25 am darnel t : $UGAZ long – gone 4 lunch
11:27 am Curtis M : lunch
11:29 am Optionsavvy none : CTMX
11:29 am Optionsavvy none : into res here but could play nicely as a brekaout
11:50 am Sandy S : Gold not stoppin
12:11 pm Mathew Waterfall : $GDX starting to respond. Still waiting for the chase to start here
12:27 pm pete f : Starting a $NUGT swing for over 200 day launch
12:32 pm Optionsavvy none : bbl gl all
12:44 pm Sandy S : L $INSY for bounce
12:55 pm MarketMaven M : long $VRAY
12:56 pm sandeep a : $SSH HOD Curt
01:26 pm Orlando V : Long $DDD on ER play smaller size
01:38 pm Dave R : $BAC have been holding 16 mos – will start to sell off soon in small blocks – longest hold in my portf
01:38 pm Curtis M : wow nice Dave – commitment lol
01:39 pm Mathew Waterfall : Wow nice trade and way to tick with it damn
01:39 pm Mathew Waterfall : Wish I was on vacation this week, doubt I’ll be trading too much but still have my eye on some $GDX calls
01:40 pm Curtis M : ya agree
01:44 pm Mathew Waterfall : Gold coming off after that 200 day tester. Silver also way off of highs. Scanners on my end pretty bare. Bopring
01:54 pm Sandy S : $VRML got some poppin
02:41 pm MarketMaven M : omg slow
02:43 pm Curtis M : $I halt
02:43 pm Mathew Waterfall : super slow on my end as well. Wasn’t joking about this week not looking active
02:48 pm Sandy S : wow $HTGM runnin again
02:54 pm lenny e : $NTN pop
03:09 pm Curtis M : I will be away from monitors but in office rest of day on a media call — will check monitors once in a while but it looks very slow.
03:10 pm lenny e : ok
03:10 pm Sandra Q : np
03:20 pm Mathew Waterfall : New high made in RTH on the /es. Would be wonderful if it was the last lol
03:32 pm Dave R : today mainly stalled trades no follow thru – see ya tomorrow
03:35 pm lenny e : $CBIO poppin in to EOD
03:41 pm Mathew Waterfall : This miner move is crazy. Not even sure I want to buy this dip
03:41 pm lenny e : i agree
03:49 pm Mathew Waterfall : have a good night everyone. See ya in the am
03:54 pm Curtis M : cya
03:54 pm MarketMaven M : bye mat
03:55 pm Sartaj Hundal : Got a minute for a call, Curt?

Momos: $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Stock Trading Plan for Monday Feb 27, 2017 in Compound Trading Chat room. $LJPC $PIRS $ONCS $SGMO $GOGO – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $NE, $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains and $JUNO on a nice swing.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Same.

Watching $FIT as a value swing trade.

$FIT, Swing Trade, Premarket, Watchlist

$FIT Swing Trade Target 6.99

Watching Natural Gas.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $LJPC $PIRS $ONCS $SGMO $GOGO

8:30am
Durable Goods Orders

10:00am
Pending Home Sales Index

10:30am
Dallas Fed Mfg Survey

11:00am
Robert Kaplan Speaks

$ONCS Granted FDA Fast Track Designation for ImmunoPulse IL-12 to Treat Metastatic Melanoma.

BioCryst reverses premarket, down 24% http://dlvr.it/NV6wft #BCRX

Sangamo nabs rare pediatric disease tag for SB-318 for MPS I; shares ahead 7% premarket http://seekingalpha.com/news/3246687-sangamo-nabs-rare-pediatric-disease-tag-sbminus-318-mps-shares-ahead-7-percent-premarket?source=twitter_sa_factset … #premarket $SGMO

Tesla shares stumble premarket as Goldman downgrades to sell http://www.marketwatch.com/News/Story/Story.aspx?guid=54B1B00E-7E72-4D08-B5E8-9439B82F853D&siteid=yhoof2 …

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers:  $LJPC 51%, $PIRS 19%, $ONCS 18%, $DGAZ 13%, $KTOV $GOGO $CRBP $SHIP $EARS $PTEN $FEYE $UWT $VSTO $DUST $RIG $INVH

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: $INVH $TEX $AFL $FTI $AHT $RYAM $PRAH $TS $RY $ILMN $WGP $UL $CLW $CCL as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$TSRO $HBI $MAIN $NVMI $PBF $DGI $TPH $TSLA $SUI $HMSY $JCP $PEG $GRAM $SUN $CNK $WES $ADC $VC $ARES $UAA $URBN $LITE $TDS $USM as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics:  $LJPC $PIRS $ONCS $SGMO $GOGO – $UWT, $NE, $ONTX, $VRX, $SSH, $ASM, $TRCH – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


S&P 500 $SPY Trade Update Monday Feb 27, 2017 $ES_F ($SPXL, $SPXS) Algorithmic Charting Observations

Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P trade report for Compound Trading.

Current Trade in $SPY S&P 500.

Recent trade is sideways so upside and downside targets remain the same as previous.

https://www.tradingview.com/chart/SPY/iCOJf8jH-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Friday Feb 27 517 AM $ES_F $SPXL, $SPXS

$SPY, Chart

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Friday Feb 27 517 AM $ES_F $SPXL, $SPXS

 Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have not been updated on this charting – there is some work to do here so we will update them soon.

Symmetry Extension Targets – As noted, the previous report upside target was hit! The new chart includes an upside and downside trade target. Most probable upside if trade is in uptrend is 240.28 before a decision. Most probable downside if trade is in a downtrend is 233.02 before a decision.

Time / Price Cycles – There are currently no significant cycles in the charting.

Trading Bias – Bias is to the long side.

The charts below are still in play so I won’t update them yet, but I will mention that the diagonal trendlines that are white dotted you want to pay attention to as possible support and resistance anytime you see them.

30 Min Chart Trading Ranges with Fibonacci, MAs, VWAP, Cloud, AO, TSI, Stoch RSI. S&P 500 $SPY Trade Charting Tues Feb 21 351 AM $ES_F $SPXL, $SPXS

Below are the levels our traders will be using for intra-day trade on Tuesday. The Fibonacci indicator settings have proven to be very precise in recent trade. The upside extension in this chart model is very similar to the chart above. Also, price is about to enter under the bottom center of a price apex – this chart bias is toward downside target of at least 231.72.

$SPY 30 Min Trading Levels Live Chart: https://www.tradingview.com/chart/SPY/oad7PuED-30-Min-Chart-Trading-Ranges-with-Fibonacci-MAs-VWAP-Cloud-AO/

$SPY, 30 Min, Chart

30 Min Chart Trading Ranges with Fibonacci, MAs, VWAP, Cloud, AO, TSI, Stoch RSI. S&P 500 $SPY Trade Charting Tues Feb 21 351 AM $ES_F $SPXL, $SPXS

$SPY MACD Bullish on 15 Min Chart

This chart is bullish – trade bias to upside to resistance noted in above charts and ratchet stops.

https://www.tradingview.com/chart/SPY/aoCCTSfU-SPY-MACD-Bullish-15-Min/

$SPY, 15 min, Chart, MACD

$SPY MACD Bullish

Good luck with your trades and look forward to seeing you in the room!

Freedom the $SPY Algo

Article Topics: Freedom, $SPY, Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Algorithms, $SPY, $ES_F, $SPXL, $SPXS


Good morning swing traders and welcome to the Compound Trading weekly swing trading stock picks memo for the week of Feb 27, 2017!

Email us at info@compoundtrading.com anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

Notices:

There are three new swing trade stock picks below ($XRT, $EXP, $FIT) and more expected as this oil trade and metals trade sorts itself out (we think soon). Any updates below specific to recent info is highlighted in red to simplify the process for you.

$XRT – SPDR S&P Retail ETF 

Feb 27, 2017 – Trading at 43.72 this beat up sector seems to be ripe for a bounce. If we execute a trade on Monday it will be to test the waters and watch the market sentiment day to day – this and price action will determine how long we are in it. An interim target however would be 46.80 and would likely change as the trade progresses.

Sorry, Trading View charts are down at time of our updates so we will update this again in next 48 hours with $XRT charting.

$EXP

Feb 27, 2017 – “Eagles Materials Posted Record Revenues, Record Net Earnings and Record Net Earnings per Diluted Share. Its stock grew 60% in 2016 and still looks cheap.”

Eagle Materials is a riskier play than most we will add to our swing portfolio, but our DD on this one has us excited and we likely will take a long position early this week with a target of minimum 10% upside in next 90 days. We will however keep our stop tight.

http://finance.yahoo.com/news/post-earnings-coverage-eagles-materials-131500431.html

https://www.fool.com/investing/2017/02/09/eagle-materials-stock-grew-60-in-2016-but-it-still.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2

Sorry, Trading View charts are down at time of our updates so we will update this again in next 48 hours with $EXP charting.

$FIT

Feb 27, 2017 – We find the $FIT trade interesting. Although we would never otherwise consider it and if we do enter today a long position it will be looked at as short term, we think there may be opportunity to swing trade it because it should be much lower considering its recent quarter… lower in that we expected a panic that did not occur. This seems bullish, or at minimum a likely “bargain” in our opinion.

$FIT Swing Trade Target 6.99. Trading at 6.15.

$FIT, Swing Trade

$FIT Swing Trade Target 6.99

$VFC

Feb 23, 2017 – $VFC Swing long 53.50 average with 58.10 as first upside target. More targets in upcoming reports.

$VFC Swing long 53.50 average with 58.10 as first upside target.

$VFC Swing long 53.50 average with 58.10 as first upside target.

$NE – Noble Corp

Feb 23, 2017 – $NE Swing long opened 6.95 average for a 9.00 upside target.

$NE

$NE Swing long 6.95 average for a 9.00 upside target.

Alphabet (Google) $GOOGL, $GOOG

Feb 22, 2017 – We entered a long position starter at 848.96 200 shares. Stops will be managed manually and will be held tight until trade is to upside of current range. Pensive about short term market range.

Feb 21, 2017 – Price is to the topside of the break-out and I will likely enter a long position over the next day or two. Bullish on this stock.

Feb 12, 2017 – We still like the $GOOGL stock / chart. Price recently broke to the upside of the triangle and didn’t hold but is threatening to trade above again at Friday close. We’re watching for an upside break that holds for an entry or a visit to the 200 MA (pink line) for an entry.

Feb 7, 2017 Member Update: We expect a signal from the Trump camp soon (late this week), and if positive, this will be a very strong play – watch close! This needs to be high on your radar going forward!

We like this chart. Watch for an upside break out of the triangle. The principles apply the same to $GOOG and $GOOGL charts fyi. Also, watch the MACD close, it looks primed for a move. Earnings are Thursday. If price breaks to downside I will update with levels to watch. Also, the is a chart below that shows upside target.

$GOOGL, Chart

Fibonacci to watch, triangle, MACD, Break to upside possible in Alphabet (Google) $GOOGL

Link to live $GOOGL chart in TradingView.

https://www.tradingview.com/chart/GOOGL/isvDnbTQ-Swing-Trading-Member-Chart-GOOGL/

1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL

Technically, the price target (should price break to upside) is 1003.17 before Jan 29 2018.

$GOOGL, Price Target

1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL

Amazon $AMZN

Feb 21, 2017 – Trading at 839.48 in premarket we’re on the right side of this swing so far. Depending on price action I will look to add at pull backs. Very bullish this stock.

Feb 12, 2017 – Trade Alert! We entered a trade long at a cost average 822.72 for 100 shares as soon as price was upside the 20 MA. This is an aggressive trade (being that we didn’t wait for a pull-back to 50, 100 or 200). We have a tight stop on the trade at 804.00 (just below its recent low (this would be a broken trade in our opinion at that point). So we are hoping this week is a strong week for Amazon. If not our aggressive move will cost us.

Amazon Swing Trading Live Chart: https://www.tradingview.com/chart/AMZN/ZQt7CJMs-AMZN-Amazon-Swing-Trading-Member-Chart/

$AMZN, Amazon, Swing, Trading

$AMZN Amazon Swing Trading Member Chart – Compound Trading

Feb 7, 2017 Member Alert! We haven’t got a pull back to the 200 day and depending on how tech does with Trump we may or may not, however, in overnight trade (premarket) price is close to the 100 day and I may take a test long position. This is one of our favorite picks so we will be quite aggressive with our attempts to get in at an inflection – so we are thinking sometime in the next few days looks decent.

My fourth priority is Amazon. I don’t want to over simplify this trade – but the bottom line is I’m looking for a pull-back and an entry as close to that 200 day (pink line with green arrow) as possible. I don’t think this stock will stop anytime soon. DD to follow soon.

$AMZN, Swing

$AMZN Swing

Juno $JUNO

Feb 21, 2017 – On Feb 16 we closed our position at 23.88.

Feb 12, 2017 – We have been long since late December at 18.32 (1000 shares) and it trades at 21.95 now – will be ratcheting up stops soon, the trade has done well but in the short term we don’t see a lot of upside for entries now, unless trade returns to the 50 day MA.

$JUNO Another Swing Trade Winner. Swing Trade Member Stock Pick is up 20%.

Swing, Trade, Stock, Pick, $JUNO

$JUNO Another Swing Trade Winner. Swing Trade Member Stock Pick is up 20%.

Feb 7, 2017 Member Update: $JUNO since my first entry mid December 2016 has consistently moved in an upward trend, and from that perspective has been a good stock pick. But it hasn’t been excellent like many of my other picks. It does have a gap fill coming soon so if you are long I would ratchet up your stops as you near 22.70 area.

$JUNO Live Chart Link: https://www.tradingview.com/chart/JUNO/W0WEYDQJ-JUNO-Swing-Trade-Member-Stock-Pick/

$JUNO, Swing, Trade, Stock, Pick

$JUNO Swing Trade Member Stock Pick

CombiMatrix Corp $CBMX

Feb 22, 2017 – We closed our long positions in late trade and extended hours at 5.01 average for 70% – 96% gains on various entries (detailed report to follow soon).

Feb 21, 2017 – It is trading at 3.90 in premarket and recently as high as 4.23. Holding.

Feb 12, 2017 – This stock hasn’t slowed down since our entry at 2.59 (10000 shares) and doesn’t seem to want to return to the trendline support so our swing trade members can get in. It is trading perfectly in our prescribed range (albeit at the top) and closed at 3.90 on Friday – we have a 5.57 PT on it so I don’t if it is best to enter now – I wouldn’t unless it returns to the support line but some of the more aggressive swing trading members may want to consider it. Also, we will be ratcheting stops before earnings and even though earnings are expected to be strong we likely will not hold through earnings (or if we do it will be with tight stops).

$CBMX news – http://finance.yahoo.com/news/cbmx-expect-record-revenue-profit-140000918.html

$CBMX Swing Trade Stock Pick Doing Well up 50% Now.

$CBMX, Swing, Trade, Stock, Pick

$CBMX Swing Trade Stock Pick Doing Well up 50% Now.

My second priority is $CBMX. I am already in this swing and plan to enter in dips at the diagonal trend line (blue). Initial target area is around 5.57 with much greater potential upside. The Trump factor may cause this to come off a bit so my bias is toward late spring for first price target.

https://www.tradingview.com/chart/CBMX/qtdyUyY0-CBMX-Swing-Trade/

$CBMX, Swing Trade, Chart

$CBMX Swing Trade

OakTree Capital $OAK

Feb 21, 2017 – We closed our position last week at 46.04 because sentiment in this sector started to turn. We may look at a re-entry, however, we are waiting for the crude oil resistance test to play out and would like to monitor sentiment.

Feb 12, 2017 – This has been a fantastic swing trade and many of our members have profited from it. We are holding and have moved up stops to a 5% drop.

It is currently trading at 45.70 and is up considerably for our members – our 2017 price target was 49.58 and our short term price targets were easily met.

It is also currently trading just above its 200 MA so we are watching close – if it loses the 200 MA we will exit likely. So if you are thinking of adding or a long trade here you want to watch the 200 MA.

$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017

Swing, Trade, Stock, Pick, $OAK

$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017

Oaktree Capital Group, LLC (OAK) today announced that it will report fourth quarter and full year 2016 financial results prior to the opening of the New York Stock Exchange on Tuesday, February 7, 2017.

http://finance.yahoo.com/news/oaktree-schedules-fourth-quarter-full-133000267.html

Was trading at 37.57 – 38.00 when we originally started to look at it, currently trades at 41.65.

42.71 – 43.50 is our short term swing target (less than 3 months).

Feb 7, 2017 Member Alert! $OAK has met this swing trade target for our members – caution forward please!

49.58 is our 2017 target. No target date.

Our traders will be watching earnings (much like we did with Google last week and we will be doing with Amazon this week). Pending earnings and price action this will be when we enter a trade. Some of our swing traders have obviously seen decent gains since we first put this on our swing trading list a number of weeks back (good timing actually), but our traders have not taken a position yet.

$OAK, Swing Trading, Newsletter

$OAK – OakTree Capital Group

Oaktree Capital Trading View Live Charting:

https://www.tradingview.com/chart/OAK/w2CBerv2-Swing-Trading-Newsletter-Oaktree-Capital-OAK/

VanEck Vectors Russia ETF $RSX

Feb 21, 2017 – Still monitoring – no position.

Feb 12, 2017 – Decided considering geo political sentiment that I will consider a long at 50 MA or a break to upside now.

Feb 7, 2017 Alert! Although this has done exceptionally well since my first entry late 2016 I am now out of my position and am awaiting a pull back to 100 day at minimum.

$RSX Swing Trade Stock Pick – Waiting for Test of 50 MA or break to upside.

$RSX Live Chart – https://www.tradingview.com/chart/RSX/rjR7GATQ-RSX-Swing-Trade-Stock-Pick-Waiting-for-Test-of-50-MA-or-break/

$RSX, Swing, Trading, Stocks, Pick

$RSX Swing Trade Stock Pick – Waiting for Test of 50 MA or break to upside.

BOFI Holdings $BOFI

Feb 21, 2017 – Watching.

Feb 12, 2017 – $BOFI Swing Trading Stock Pick After Dec Entry – Now Waiting for 200 MA PB test on 60 minute chart below or break out.

$BOFI Live Chart: https://www.tradingview.com/chart/BOFI/krBzI22u-BOFI-Swing-Trading-Stock-Pick-After-26-18-Dec-Entry-Waiting-for/

Swing, Trade, Stock, Pick, $BOFI

$BOFI Swing Trading Stock Pick After 26.18 Dec Entry Waiting for 200 MA PB test or break out

Feb 7, 2017 Member Update! Here is another I have done well since my first entry late 2016 and I am now waiting for another pullback to at least the 50 day if not 100 day to add. Holding full position and expect a return of 6% approximately (from today’s price) in 2017. If I can get a pullback I will be very happy.

$BOFI, Swing, Trading, Chart, Stock, Pick

$BOFI Swing Trading Member Stock Pick

Sunoco Logistics Partners $SXL

Feb 21, 2017 – Watching the 200 MA – may add pending crude oil price action.

Feb 12, 2017 – $SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position and Jan addition to this list. We are currently waiting for a test of the 200 MA on the 60 day for an add to 1000 shares or a sell. Excellent trade so far.

$SXL Live Trading Chart: https://www.tradingview.com/chart/SXL/Zxq4BCtJ-SXL-Sunoco-Swing-Trading-Stock-Pick-is-Performing-Excellent-Sin/

$SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position

$SXL, Swing, TRade, Stock, Pick

$SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position

US Silica Holdings $SLCA

Feb 21, 2017 – Hold, managing stop. We like it, but it may stop out flat.

Feb 12, 2017 – We have our first entry in $SLCA at the 50 day 55.77 500 shares. We are going to watch how it handles the 20 MA. If it returns to our buy at 55.77 area we may cut bait.

$SCLA Live Trading Chart: https://www.tradingview.com/chart/SLCA/kYwi9RAO-SLCA-Swing-Trade-Member-Stock-Pick-Entry-at-50-MA-long-for-a-t/

$SLCA, Swing, Trade, Stock, Pick

$SLCA Swing Trade Member Stock Pick. Entry at 50 MA long for a tester.

Feb 7, 2017 Member Alert! We never did get that pull back, and I appreciate the notes from members that have done well with this swing nonetheless! However, caution is warranted entering this play with-out a pull-back.

My fifth priority is $SLCA. Again, another simple chart and it will require some patience. I see a pull-back coming and huge upside under the Trump inertia in to summer. I am looking for a pull-back to the 50 day (yellow arrow) or the 100 day preferably (blue arrow). If it gets away on me I’ll likely chase it and scale in 1/5th at a time.

$SCLA, Swing, Trade

$SCLA Swing Trade

EOG Resources $EOG

Feb 21, 2017 – Stopped flat. Keeping on watch.

Feb 12, 2017 – New Entry! $EOG Resources Long entry 98.77 at 100 MA 300 shares starter. Swing Trade Stock Pick. If it fails at our entry price we will exit and re-evaluate.

$EOG Resources Live Chart – https://www.tradingview.com/chart/EOG/5pnQP44r-EOG-Resources-Long-entry-98-77-at-100-MA-Swing-Trade-Stock-Pic/

Sing, Trading, Stock, Pick, $EOG

$EOG Resources Long entry 98.77 at 100 MA. Swing Trade Stock Pick

$GREK Global Greece ETF

Feb 21, 2017 – Watching.

$TRCH Torchlight Energy

Feb 21, 2017 – Holding, watching for possible add.

https://www.tradingview.com/chart/TRCH/xxpZ4uPM-TRCH-Swing-Trade/

$TRCH Swing Trade

$TRCH Swing Trade

$NG Nova Gold

Feb 21, 2017 – Hold, watching, may close position.

Feb 7, 2017 – $NG Nova Gold Swing trade members are pleased with stock pick 5.14 buy alert trade up to 6.21 (22% gain) at 5.98 now.

$NG NovaGold Live Chart – https://www.tradingview.com/chart/NG/7sroM8Ai-NG-Nova-Gold-Swing-trade-members-are-pleased-with-stock-pick-5/

$NG, Stock, Pick, Swing, Trade

$NG Nova Gold Swing trade members are pleased with stock pick 5.14 buy alert trade up to 6.21 (22% gain) at 5.98 now.

The first swing of 2017 I will be entering (likely today) is NovaGold. First target is 6.46 area and second target is 7.30 area. It is currently trading at 5.10. It’s full extension is over 8.50.

https://www.tradingview.com/chart/NG/1Sz7RDKg-NG-Novagold-Swing-Trade/

$NG, NovaGold, SwingTrade, Chart

$NG Novagold Swing Trade

$ASM.

Feb 21, 2017 – Holding, watching 200 MA.

Feb 6, 2017 $ASM comes to us by reference of HedgeHog trader who has spent some time in our trading room lately and is a close friend of ours. His due diligence on this one is solid in our opinion and the chart is about to break out – it is just shy of the 200 day! Here’s the transcript of his attendance in our trading room yesterday if you wish to view. He also mentions in that transcript other picks he likes (such as $NG, $THM, $NAK, $CPO.V).

$ASM Chart Live on Trading View: https://www.tradingview.com/chart/ASM/Wn17X1qn-ASM-Swing-Trade-Member-Chart/

$ASM, Swing, Trading, Chart

$ASM Swing Trade Member Chart

Our Standard Algorithmic Modeling Securities I will be providing Swing Trade levels for are:

$SPY

Feb 17, 2017 – Watching, no position.

Feb 12, 2017 – This is interesting, price action late last week was promising, we are watching indicators for a long position.

$SPY Live Trading Chart – https://www.tradingview.com/chart/SPY/rwRqqh0q-SPY-Swing-trade-stock-pick-based-on-MACD-signals-Long-at-the-g/

$SPY, Swing Trade, Stock Picks

https://www.tradingview.com/chart/SPY/rwRqqh0q-SPY-Swing-trade-stock-pick-based-on-MACD-signals-Long-at-the-g/

$VIX

Feb 12 – $VIX has done nothing. Watching.

My seventh priority is the VIX. I see a pull-back in the market coming and a lift in VIX. The primary trade I am looking for is actually a short in the VIX when it gets upside it’s bolllinger band (it’s a little more complicated than that – specifically with timing and I will be putting an alert out when I do it anyway) – I’ll also play some short term longs in $TVIX or $UVXY.

https://www.tradingview.com/chart/VIX/t6YF7SQY-VIX-Short-Swing-Trade-Above-Bollinger-Band/

$VIX, Swing, Trade, Short

$VIX Short Swing Trade Above Bollinger Band

$DXY

Feb 21, 2017 – Watching, no position, watch for update over the next few days to include this.

$SLV SILVER

Feb 21, 2017 – Watching, no position, watch for update over the next few days to include this.

$GLD – Gold (and miner’s $GDX)

Feb 21 – Friday we trimmed 75% at 25.18. Watching.

Feb 14, 2017 $GDX trade went exactly as planned. Waiting for trading this week for further trade decisions.

$GDX Swing Trade Member Stock Pick went exactly as planned – a 13% gain. Waiting for trading this week for further trade decisions.

$GDX, Swing, Trade, Gain, Stock, Picks

$GDX Swing Trade Member Stock Pick went exactly as planned – a 13% gain. Waiting for trading this week for further trade decisions.

Feb 7, 2017 $GDX Alert – Members, this trade went exactly as planned and is now beyond our call so caution please!

My third priority on this list are the miner’s – $GDX and leveraged friends. This one is risky but comes with large gains if miner’s get moving and price breaks in to next quadrant above the yellow one outlined on the chart below. And for the risk taker it can be traded with leveraged ETN’s. There are inherent risks however; one is that price is not at bottom of the trading quadrant so an entry here is not ideal and the obvious issue is the Trump factor.

https://www.tradingview.com/chart/8QOM4r5s/

$GDX, Swing, Trade

$GDX Swing Trade

$USOIL / $WTI

Feb 21, 2017 – On the daytrading side I have been adding to a long that I though would be only days and turned in to a bit of a swing but did not alert it on the swing side because of the risk element. However, crude oil is over the resistance in overnight trade as I write and getting very close to the most significant resistance it has encountered in years. Stay tuned to updates this week, I expect to be putting out a number of updates this week because of this specific scenario. If crude does not handle resistance well I will short it heavily and will post a number of picks surrounding that play. If crude oil gets up over this significant resistance then I will go long and will post an alternate list of stock pics surrounding that play.

Feb 12 – Crude oil traded at resistance on Friday, some may opt to short here but we are waiting to see if price breaks to upside. Will advise.

Feb 7, 2017 Update: In overnight trade $USOIL is trading at 52.19 and there is a diagonal support trendline intra-day below at approximately 52.28 – we will be looking at taking a long position in that area if we can get it – with a tight 1% stop.

In overnight lab work our developers established a diagonal trendline (blue line in chart that has a blue arrow pointing at it) that has established itself as strong support. If you take a swing trade against that support (as as close to it as possible) then look to the upside of that white dotted arrow line as your target long. Ratchet up stops there.

Epic, Oil, Algo, Chart

Crude algo intra work sheet 208 AM Jan 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

So that’s it for today, however, when the crude trade plays out in the short term I will be posting an updated list either way (for upside or downside scenario crude oil). Again, I apologize for the unexpected pivot but I have no choice but to see how this crude break-out plays and that won’t take more than two days. So expect all the new plays sometime between now and Thursday.

Email or DM me on Twitter anytime with thoughts or questions!

Cheers!

Curtis

Article Topics; Compound Trading, Swing, Trading, Stock, Picks, $XRT, $EXP, $FIT, $NE, $VFC, $ASM, $GOOGL, $AMZN, $JUNO, $CBMX, $OAK, $RSX, $BOFI, $SXL, $SLCS, $EOG, $NG, $TRCH, $GREK, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Friday Feb 24, 2017;  $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS, $OWCP – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM etc 

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expected to complete weekend of 25 – 27th but it seems it will take a few more days.

 

Momentum / Notable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
CEMP 4.05 28.57% 21584676 Top Gainers
RH 31.34 24.41% 14826552 Top Gainers
AAOI 45.98 22.71% 6548873 Top Gainers
BBW 10.10 21.69% 1180754 Top Gainers
OLED 81.00 20.09% 4784078 Top Gainers
ZSAN 2.61 18.64% 9597064 Top Gainers
AAOI 45.98 22.71% 6548873 New High
KEM 11.00 5.77% 3491804 New High
TVTY 29.60 8.50% 1938379 New High
OLED 81.00 20.09% 4784078 New High
LMIA 13.71 0.22% 101563 Overbought
WOOF 90.98 0.08% 737230 Overbought
NAO 1.25 -39.02% 13366169 Unusual Volume
MAUI 24.35 1.04% 11155 Unusual Volume
EARS 0.94 2.17% 4236508 Unusual Volume
HCLP 17.35 -15.57% 18062362 Unusual Volume
AMCX 60.95 1.85% 1035774 Upgrades
ALQA 0.46 -0.65% 344275 Earnings Before
AVY 80.25 -0.50% 585917 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

07:50 am Curtis M : Morning team! Just arrived back from my trip so there won\’t be time to get any updates out. All new updates out on the weekend and new webinar series to be posted to YouTube also.Do my best to get a quick premarket trading plan out before open though.ThanksCurt

08:59 am Curtis M : Protected: PreMarket Trading Plan Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS https://compoundtrading.com/premarket-trading-plan-fri-feb-24-cemp-axdx-rh-tst-ipci-ears/ PASSWORD: PREMARKET022417

Transcript:

06:38 am ibrahim ibrahim : morning
07:48 am Sandy S : From Curt in case you didn’t get it on email…. Morning team!Just arrived back from my trip so there won’t be time to get any updates out. All new updates out on the weekend and new webinar series to be posted to YouTube also.Do my best to get a quick premarket trading plan out before open though.ThanksCurt
07:48 am Jake R : thx
08:56 am Sandy S : Protected: PreMarket Trading Plan Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS https://compoundtrading.com/premarket-trading-plan-fri-feb-24-cemp-axdx-rh-tst-ipci-ears/ PASSWORD: PREMARKET022417
09:00 am Carol B : morning all!
09:16 am OILQ K : morning all
09:17 am Mathew Waterfall : Morning everyone
09:17 am OILQ K : I see we are all a little richer with Gold up again. That makes the day brighter.
09:18 am Cara R : Except Curt haha but he’s rich enough
09:18 am OILQ K : lol
09:19 am Mathew Waterfall : Strength in the bonds as well which is a sight for sore eyes
09:20 am Curtis M : wealth at my expense – ‘m good with that… taking one for the team
09:20 am Curtis M : morning
09:21 am Curtis M : between me you and the fence post…. i’m going to try and double up small account between now and end of Tues – 3 days aggresive – not likely but gonna try and I’kk video t all and post excerpts for new traders on youtube
09:22 am OILQ K : ok great
09:23 am seth m : ya not easy but lets do it
09:24 am Sandy S : seth u new?
09:24 am Curtis M : k guys focus open on deck thx
09:26 am Curtis M : on mic
09:28 am seth m : add $NUGT
09:30 am Sandy S : with y curt
09:31 am Curtis M : L $CEMP 1000 shares start 4.22
09:31 am Jake R : right behind you huys
09:31 am Jake R : guys
09:32 am Curtis M : out 4.46
09:32 am Jake R : lol holding
09:33 am Sandy S : holding
09:35 am Sandy S : cool thanks
09:37 am Sandy S : had no idea thanks
09:38 am Sandy S : out
09:38 am Jake R : me too
09:38 am OILQ K : small win closed
09:41 am Jake R : $PULM very activer
09:49 am MarketMaven M : nice im in with ya
09:51 am OILK K : wow learning today
09:56 am Curtis M : closed 1.82 $OWCP from 1.63 buy nice
09:57 am Jake R : you make that look simple
09:57 am Curtis M : its not
09:59 am Sandy S : I’m out Thanks CURT!
09:59 am Flash G : that was awesome thank you
10:01 am Leanne Arnott : what broker do you use?
10:05 am Sandy S : schools in session
10:06 am Leanne Arnott : I use Cdn bank also but is waaay to slow for this kind of trading, can’t get in and out fast enough
10:16 am Jake R : Thanks Curt
10:18 am Leanne Arnott : it’s not one click, but i’ll try this afternoon,
10:22 am Curtis M : scanning back in a bit
10:22 am seth m : learned a lot there wow answered many of my questions
10:22 am Mathew Waterfall : Boring day continuing the lack of movement this week for me. Huge metals moves with miners not biting yet. I an taking a longer view and will sit on my miners likely at least into mid next month and they will play catch up with chasers flooding in. Will detail a couple things I’m seeing at the 11 o’clock update
10:23 am seth m : will this be on video on weekend?
10:23 am Curtis M : yes seth
10:24 am seth m : i finally understand how the indicators on your charts work awesome
10:25 am seth m : so theres VWAP test! right?
10:25 am Curtis M : yup
10:25 am Curtis M : k focus plz thx
10:26 am Mathew Waterfall : In some $NWGFF small for a start and a run back into the .20’s
10:26 am Curtis M : looking fwd to your 11am update Mat – feel disconnected with the travel
10:27 am Mathew Waterfall : There’s a lot of disconnect in this market right now so we’re on all on the same page lol
10:27 am Ed D : Seth is right – that was really good – good understanding now for me will help a lot
10:27 am Curtis M : ya
10:28 am Ed D : Curt, I have to ask quick, you just randomly say this morning i’m going to double small account in 3 days hopefully like its no big deal at 10 trades at 10% each – this is a regular thing for you guys?
10:29 am Curtis M : um…
10:29 am Curtis M : I’ll explain that on weekend video
10:29 am MarketMaven M : lol its regular
10:30 am MarketMaven M : he’s sniping w right indicators – tight trading is tight haha
10:30 am Curtis M : any momos out there guys?
10:31 am Sandy S : haha that means focus
10:31 am Curtis M : 🙂
10:35 am Curtis M : on mic
10:44 am OILQ K : learnin cool stuff guys
10:53 am NewbieHH O : hi guys
10:55 am NewbieHH O : Just want to say Have a Nice weekend !
10:56 am NewbieHH O : take care! logging out
10:56 am Curtis M : kk
10:56 am Mathew Waterfall : have a good weekend nice and early lol
11:00 am Mathew Waterfall : on the mic
11:01 am banka tronic : I’m keen on the momo trades
11:01 am Sandy S : agree
11:02 am Sandy S : mathews updates help me center too lol
11:02 am seth m : ya Mathew rocks
11:02 am seth m : 🙂
11:02 am banka tronic : ($TOPS is an example of so of these low float runners that are technical b/os )
11:03 am Curtis M : hey banka thanks for dropping in:)
11:03 am banka tronic : Thank you kindly for this trading forum :))
11:03 am Curtis M : 🙂
11:04 am Sandy S : I trade $TOPS lots like that one
11:05 am Jake R : $TOPS just came off a bit intra
11:06 am banka tronic : I look for the pre-market pops on the low floats usually under 25 million float + catalyst:some news…
11:06 am OILK K : $VIX LOL
11:07 am OILQ K : luv those plays banka
11:07 am banka tronic : Keeping an eye on the 13EPA 50&200 MAs using 1 to 5 min trendlines when volume hits5k & builds
11:07 am banka tronic : for momo trades.
11:07 am Curtis M : nice share banka:)
11:08 am Curtis M : some nuggets in there
11:08 am seth m : Mathew I’ll likey send you a few questions this weekend
11:09 am banka tronic : np 🙂 Also watch the 1Y: D chart with those indicators for possible support/resistance levels
11:09 am seth m : $CEI poppin
11:09 am Mathew Waterfall : Send me questions anytime on twitter @quadzilla_jr
11:09 am Jake R : Thanks Mathew!!
11:09 am banka tronic : Very cool info Mathew!
11:09 am OILQ K : agree
11:10 am OILQ K : learning in here everyday thanks guys and ladies
11:10 am Mathew Waterfall : you bet. quick break back in a few
11:13 am banka tronic : If those low floats that pop up on the pre market scanners are over 25% I weigh pros/cons for red to green moves where they dip then poss test market open. Too high of gap ups have a tendency to gap & crap
11:14 am banka tronic : Yet some climb pre market to 40-60 and sometimes have a .10-.20 pop if overall futures are solid hard green…
11:14 am banka tronic : 40-60%
11:16 am banka tronic : Also watch for dojis on the 1 & 5 min chart for p/a price action bullish confirm candles using a 1 or 5 min trendline for .10-.40ish scalps on those momos. Hope this info helps !
11:16 am Jake R : Thans Banka!
11:16 am Jake R : Hopefully we can see you in action in here.
11:16 am OILK K : ya
11:16 am OILK K : lol
11:16 am Sandy S : yup
11:17 am banka tronic : And then again I check the short squeeze.com just to see if there might be a nice squeeze factor if those llow floats have @ 20% shares short ;))
11:17 am Curtis M : on mic
11:18 am Curtis M : ya would be nice to have Banka do some trading yup yup 🙂
11:19 am banka tronic : I am working on these still learning only averaging $125 per trade as I dont want to risk more than $1500- $2k per trade with all the stress in my life. lol This amount also helps me cut losses quick to about $50-$100 w/o major pain. I am an activist so have to balance & keep the goooood vibes.)
11:19 am sandeep a : $NAO pop
11:20 am Sandy S : this is a good vibes room:) haha
11:20 am banka tronic : That amount also catches big time runners on those low floats w news to some $1k-$2k profits tho peeps)
11:20 am banka tronic : Ok enough from me-just wanted to put the info out there quick.
11:20 am Jake R : looking at $FUEL for aft intra scalp
11:20 am Jake R : awesome banka
11:21 am Phillip H : ya nice info
11:22 am Curtis M : a lot of the GURUS out there got chopped up this morning fyi
11:22 am Sandy S : ya noticed that curt
11:22 am Sandy S : we didn’t lol:)
11:22 am banka tronic : Also have been noticing that some of these low float spikers tend to have a culmination point that drops off at exactly 11:15am anyone notice this?
11:23 am Sandy S : yes always time of day
11:23 am Curtis M : for sure TOD huge
11:23 am John M : we ee that all the time
11:24 am Cara R : time fo day really important Curt is always preaching it
11:25 am banka tronic : $BLPH had that b/o quick 1 min trendline run up & profits got out before that 1 min trendline broke at 11:04 tho so its not an exact thing
11:26 am Cara R : ya $BLPH was one that we were in really early in cycle
11:26 am banka tronic : Ok I’m here to learn lol its easy to talk but I need to grow my profit chart as well. I ‘m still learning.
11:26 am Sandy S : haha
11:28 am OILK K : looking at $UGAZ for an add
11:28 am OILK K : and $TLT add
11:29 am Curtis M : $EDAP halt
11:31 am Curtis M : on mic
11:35 am banka tronic : Might retest that 2.70 candle on the 1 year
11:37 am Sandy S : curt makes most his green on halts banka… maybe not maybe his swings cause he uses big account in swings
11:37 am banka tronic : vol is almostmorte altough spead tightened
11:37 am Sandy S : hes a halt expert for sure
11:37 am banka tronic : *although
11:38 am banka tronic : good call MMtricks to lure look how 2.11s came in
11:38 am Sandy S : yes
11:39 am seth m : ya that one sucked
11:39 am sandeep a : $JAGX pops
11:39 am sandeep a : like your style banka
11:40 am OILQ K : $JAGX been on curts watchlists i think
11:41 am Sandy S : ya it has
11:41 am OILQ K : Silver swing going awesome
11:42 am banka tronic : thank you $JAGX is a very nice mover on news. Some of these co.s seem to put out *news as per the chart. Nice channel on that 1h chart
11:43 am OILQ K : decreasing vol
11:43 am banka tronic : Just tend to be weaker bounces when overall markets are blah. Mid day b/o tend to be fake outs
11:43 am Flash G : yeah
11:46 am Phillip H : how a bout that SILVER trade wow did we nail that
11:46 am Phillip H : :):)
11:47 am Phillip H : i dont say much but that makes me happy
11:48 am Mathew Waterfall : Notable options flow. GLD/SLV solidly call side. $TZA seeing some call side. $miners mostly call side but more split. Utes and bonds call side. People positioning for some carnage
11:48 am Jake R : correction time mat?
11:50 am Mathew Waterfall : I have a very hard time getting super bearish here as we have been gringing. My bias has been down for the past month but I haven’t played it outside of some small Vix plays for some small wins here and there. I think we are due for a correction but not loading the boat that direction outside of my metals.miners and bond plays
11:50 am Mathew Waterfall : I think the market starts to realize the smoke and mirrors show that has been Trump thus far, and starts to figure out how long it will be before any meaningful tax cuts or anything else to spur the economy
11:51 am Mathew Waterfall : We are also pricing out rate hikes as noted earlier and just overall dealing with a tired extended market
11:52 am Mathew Waterfall : This has kept me from getting long the past month, but market strength has kept me from getting too short. I think the risk is to the downside for at least a 5% move or so
11:52 am Jake R : interesting
11:53 am Jake R : wise advice i think
11:53 am Mathew Waterfall : What I want to see is some selling to the downside, then a bunch of people jump in long only to make a lower high. That’s ideal for a short set up
11:54 am Curtis M : yup
11:55 am OILQ K : shorting next $NVDA pop
11:56 am OILK K : pools in $CBIS
11:56 am Ed D : watching $ADBE for ss
11:57 am Curtis M : whoa the bears are coming out:)
11:59 am seth m : Curt I don’t know where u found banka but good add lol 🙂
11:59 am seth m : 9 our of 10 of you guys in this room are pro
11:59 am seth m : not like most rooms i been in
12:00 pm OILQ K : curts style seth
12:01 pm OILQ K : $AAOI buyers
12:02 pm Jake R : caught the $XLU move looking for more
12:02 pm Jake R : on the swing last 2 weeks:) not intra
12:03 pm Jake R : watching YEN here
12:03 pm OILK K : $ATEC set for a bounce
12:04 pm OILK K : NQ action
12:05 pm Taylor Y : soooo $TSLA mathew
12:05 pm Taylor Y : possible good entry point?
12:05 pm banka tronic : $CEMP sideways p/a price action below VWAP looks like shorts really want it to crack
12:05 pm Mathew Waterfall : I don’t trade $tsla often but hate the company long term
12:05 pm Sandy S : shorts out to play
12:05 pm Mathew Waterfall : Thinking short?
12:06 pm Taylor Y : long
12:06 pm Taylor Y : oversold?
12:06 pm Mathew Waterfall : Nope. also MACD bearish cross and 9/15 going to cross soon
12:06 pm sandeep a : $DLTR call buyers heavy
12:07 pm Taylor Y : ok thanks I’ll revisit:)
12:07 pm sandeep a : like $RH action today
12:07 pm Mathew Waterfall : You could use yesterdays bar as a quide and put a stop if it breaks back below it, I would be more comfortable with a 2 day range
12:07 pm Taylor Y : yes better idea there
12:08 pm Mathew Waterfall : I just don’t like the post earnings action and that they might need another funding raise. Such a manipulated stock though
12:08 pm Taylor Y : i like the clan part of the thesis
12:08 pm Taylor Y : so i trade it
12:08 pm Taylor Y : die hards
12:09 pm Mathew Waterfall : You’re not wrong. Cult stock with very high insider ownership
12:09 pm sandeep a : watch $DLTH here
12:09 pm Taylor Y : ya
12:09 pm Mathew Waterfall : I say 215’s before 300’s
12:09 pm Taylor Y : ya i c that
12:10 pm sandeep a : retail action serious too
12:10 pm Mathew Waterfall : Hard to tell if that retail is shorts or what. Probably a squeeze in $RH and $JWN
12:11 pm sandeep a : $EYEG on the move
12:18 pm banka tronic : I’ll tell everyone right now that I am not pro. Have some good calls but am here to learn & add what bits I find as chart/pattern truth . Eatting humble pie diet everyday for trading health lol 😉
12:21 pm Mathew Waterfall : The learning never stops and the market will always find a way to humble you. It seems the losses stick out more than the wins but that’s not always a bad thing
12:22 pm Flash G : agree
12:27 pm Mathew Waterfall : There’s a lot of wisdom in thsi room, and I’m not talking about myself. Many have learned the expensive lessons. Best thing about a community like this is we can learn from eachother and short cut so of those painful lessons
12:27 pm Sandy S : so true
12:28 pm Ed D : for sure
12:29 pm OILQ K : looks like a decent set up there curt in $COH the 200 day
12:30 pm Curtis M : ya just taking a peak really
12:31 pm OILQ K : DJI r to gr
12:36 pm banka tronic : $KEM new hod
12:40 pm Jake R : 52 week highs in $DTLA and I closed my swing days ago jeez
12:43 pm Curtis M : $GRAM halt sec viol
12:45 pm OILQ K : $PRKR insider buys
12:48 pm Sandy S : wow lol bye bye
12:53 pm Curtis M : $CBMX r to g possible
12:55 pm Jake R : curt u hit the sell on cbmx perfect
12:56 pm Curtis M : LLong $GRAM 3.56
12:59 pm OILQ K : $ULTA decent intra
12:59 pm OILQ K : in some $GRAM with ya fyi
12:59 pm Sandy S : yup diddddo
01:00 pm Curtis M : hopefully it curls on the 9 day
01:11 pm Jake R : in some $PKRK small order]
01:19 pm Curtis M : $CMLS halt
01:23 pm sandeep a : Long $NVAX
01:31 pm Ed D : market seems to want to bounce imo
01:31 pm OILK K : looking at $MSFT swing long
01:32 pm OILK K : block on $CBIX also 100k
01:32 pm Sandy S : theres the curl curt
01:32 pm Sandy S : and the chart bot buy!
01:33 pm Jake R : Long $SRPT
01:33 pm johnny r : in $SRPT also
01:34 pm johnny r : like the $MSFT idea also as i think market will bounce
01:36 pm Mathew Waterfall : Weak internals. I though after yesterday we would get some action to the upside today. bulls and bears both look unmotivated here so far
01:38 pm OILQ K : $AAQI
01:42 pm MarketMaven M : time to BTD?
01:43 pm Mathew Waterfall : If this doesn’t get bought the close could be ugly. Ugly close today equals coninuation over the weekend
01:46 pm Ed D : Thinking $FIT long if market gets moving if and when
01:47 pm sandeep a : $VUZI HOD
01:48 pm Mathew Waterfall : This $GDX move is garbage. MM’s holding it down seems to me. Explosion on tap next week
01:49 pm sandeep a : $INCY nHOD
01:51 pm seth m : $PCLN time
01:53 pm Curtis M : touhg play this $GRAM should pop or drop within 30 mins at most
01:54 pm Taylor Y : $AUPH jiggy
02:07 pm Curtis M : shoot i missed the $OWCP bounce ugh
02:09 pm Curtis M : $GRAM too a .26 loss puts me even on day don’t like that
02:24 pm Curtis M : long $CEMP 4.47
02:24 pm Curtis M : real tight
02:26 pm Curtis M : stop 4.35 ish
02:39 pm Jake R : $VIX crush time
03:01 pm Sandy S : curt u got me busting a gut on twitter
03:01 pm Curtis M : lol sorry
03:01 pm Curtis M : but ya
03:02 pm sandeep a : world has gone mad
03:03 pm Curtis M : argh lol
03:10 pm Curtis M : out 4.35 loss
03:10 pm Jake R : OMG your rant
03:10 pm Jake R : umm ya thats the way it was
03:10 pm Jake R : in my day
03:16 pm sandeep a : hate to say it publicly but i agree with you curtis
03:16 pm sandeep a : things upside down lately
03:17 pm sandeep a : people afraid to say it
03:21 pm Sandy S : now I’m completely cracking up
03:21 pm Sandy S : crying laughing so hard
03:21 pm Mathew Waterfall : Dollar getting some action here but bonds remain strong. Market this week has been very uninspiring for me. Might have to go back to scalp plays until we get some direction
03:26 pm sandeep a : someone had to say it lol kudos
03:28 pm sandeep a : ok now im rying
03:28 pm sandeep a : crying
03:28 pm Curtis M : lol
03:32 pm Mathew Waterfall : This market seems unbreakable. Why I commented yesterday and today not to get too bearish too quickly. I still hate it here but can’t short it yet. Likely another boring week next week
03:33 pm sandeep a : i love how curt talks like hes old hahaha
03:33 pm sandeep a : Mathew you got wisdom many times your age with market.
03:34 pm Mathew Waterfall : Thanks. Seen these moves many times before but not enough to bypass the frustration apparently lol
03:34 pm Jake R : ha
03:35 pm Curtis M : missed $OWCP because of my rant lololololol
03:35 pm Curtis M : ugh
03:35 pm Mathew Waterfall : I’m shutting it down for the day. Going to take this weekend to get some mojo back. Shoot me a note on twitter if you have any questions. Have a good weekend all
03:36 pm Curtis M : kk
03:36 pm Sandy S : thanks Mathew
03:36 pm sandeep a : yes thank you mat!
03:36 pm OILK K : bye mathew
03:36 pm Mathew Waterfall : Always happy to help
03:36 pm Jake R : that mats a good guy
03:37 pm Jake R : curtis makes me cry
03:37 pm sandeep a : omg
03:37 pm sandeep a : curt ruffled some feathers
03:38 pm Sandy S : Curtis your 49?
03:38 pm Curtis M : yes
03:38 pm Sandy S : That is funny you’re a spring chicken
03:40 pm Leanne Arnott : If 49 is a spring chicken you just made my day!
03:40 pm Sandy S : Not going to tell you guys how old I am my lord
03:42 pm Jake R : 49 is young
03:43 pm Jake R : curt talks like hes 80 sometimes:)
03:54 pm sandeep a : great close for $OWCP
03:54 pm Curtis M : yup
03:57 pm Ed D : well guys and gals i am out of here – best to u all!
03:57 pm Curtis M : cya ed
04:00 pm Curtis M : t may gap Monday morning
04:00 pm sandeep a : likely will
04:00 pm sandeep a : i see why you like it
04:00 pm Curtis M : night everyone
04:00 pm Jake R : bye

Be safe out there!

Follow our lead trader on Twitter:

Article Topics:  $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS, $OWCP – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb 23, 2017; $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX – $DUST, $ASM, $SSH, $VRX, $JUNO, $TRCH, $LGCY etc 

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expected to complete weekend of 25 – 27th but it seems it will take a few more days.

Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:

After two excellent days on Tuesday and Wednesday, Thursday wasn’t as good. I was traveling and wifi service was difficult also.

As mentioned Wednesday, I got out of $JUNO swing with nice gains and $CBMX swing for near 100% gains.

Momentum / Note-able Stocks Today (via FinViz):

NA as this is being posted days late.

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

09:10 am Curtis M : Morning! Protected: PreMarket Trading Plan Thurs Feb 23 Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, https://compoundtrading.com/premarket-trading-plan-thurs-feb-23-small-cap-oil-ne-ptx-nak-cim-cbmx-owcp-thct-cnbx-bstg/ PASSWORD: PREMARKET022317 I will be here for premarket then travel rest of day back Friday all day.

10:39 am Curtis M : I\’m packing for my journey but I\’ll be n room when wifi avail en route see ya tomorrow for full day! GL!

Transcript:

07:52 am John M : mrnin curt
07:52 am Curtis Melonopoly : mornin! just doing morning prep catcha soon
08:42 am Sandra Q : mornin
08:43 am Jack D : 🙂
08:45 am Sandra Q : oil happy
09:01 am Sandra Q : looks like premarket newsletter out I’ll get it L)
09:01 am ibrahim ibrahim : morning
09:01 am Sandra Q : hey ibrahim
09:02 am ibrahim ibrahim : hello Sandra
09:02 am Sandra Q : Protected: PreMarket Trading Plan Thurs Feb 23 Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, https://compoundtrading.com/premarket-trading-plan-thurs-feb-23-small-cap-oil-ne-ptx-nak-cim-cbmx-owcp-thct-cnbx-bstg/ PASSWORD: PREMARKET022317
09:03 am Sandra Q : Kinda though Curt would be directing sights on small cap oil soon
09:05 am Cara R : morning ibrahim
09:05 am ibrahim ibrahim : morning Cara
09:06 am daniel c : whoot whoot baking on oil crew!!!
09:06 am daniel c : banking lol
09:06 am ibrahim ibrahim : lol
09:06 am Sandra Q : mornin daniel
09:07 am daniel c : I love that little algo some days
09:07 am Sandy S : hey peeps
09:07 am daniel c : big day sandy
09:08 am Sandra Q : d excited about oil
09:08 am Sandra Q : i am too but you know
09:08 am daniel c : it’s going thru the ceiling today S & S haha
09:09 am ibrahim ibrahim : i guess its not liking what the iranian oil minister said lol
09:10 am daniel c : lol
09:10 am Sandra Q : yeh
09:12 am OILK K : mornin kids looks like we’re all a little richer today
09:12 am Sandra Q : lol
09:19 am Curtis M : I wont be on mic for open – contractors stil lin my office for today finishing – but if I trade I will post here
09:22 am Sandy S : morning mat!
09:25 am Sandy S : time to short oil?
09:25 am OILQ K : lol
09:26 am Mathew Waterfall : Morning guys. Will be exiting some $TGB here entered down at 1.34 and want to lighten up a bit. Other than that watching silver and gold to see what they do here
09:26 am slade d : mornin mathew
09:28 am Sandra Q : lets do this – keep it rolling
09:29 am Sandra Q : Curt’s not on mic FYI – contractors finishing in his office today
09:30 am Sandy S : long $PTX
09:30 am OILK K : in with ya
09:30 am OILK K : oh shit
09:30 am OILQ K : let it settle
09:30 am OILQ K : there ya go long too
09:31 am Mathew Waterfall : Out $TGB 1.53. flat on that name at this point
09:33 am Mathew Waterfall : Would like to see natty base right here at 2.656ish. prior support/res
09:35 am Sandy S : Long $UGAZ
09:37 am OILQ K : $AMCN long
09:38 am Sandra Q : Closing $CBMX swing
09:39 am Mathew Waterfall : $SWN add. Using this as a proxy for natty as wel. In some $CHK calls but looking at common there as well
09:40 am Curtis M : $RNVA nice wash on 5
09:43 am Sandy S : $NAK looks good today
09:44 am slade d : $SINA long for a swinger
09:48 am Curtis M : Long $RNVA
09:49 am Curtis M : $OWCP long
09:51 am Mathew Waterfall : Watching $CHK for regain of the 9 day and reentry into the channel. Looks like those are my two entry points
09:51 am Jake R : Looking at $NAK
09:55 am Sandy S : holllyy shit curt good play
09:55 am Curtis M : out $OWCP
09:55 am Curtis M : 1.86 – 2.115
09:56 am Sandy S : nice work but i think you left early
09:56 am Curtis M : never overstay my welcome
09:56 am Sandy S : fine lol
09:57 am Mathew Waterfall : $SLB seeing some call love here. Natty gas exporter
09:57 am OILQ K : watching that Mat
09:58 am OILQ K : going to be really interesting soon – with oil too
09:58 am Curtis M : hey Sandy how was my exit lololol
09:58 am Mathew Waterfall : Lots of decision needs to be made across the board
09:58 am Sandra Q : Curt got da skillz
09:59 am Sandra Q : and sir Mat and ya u know it me
10:01 am Curtis M : in again
10:03 am marc milam : hello guys, girls
10:03 am Curtis M : out up a few cents
10:04 am Curtis M : up 10% this morning n small account
10:04 am Sandy S : not funny
10:04 am Sandy S : lol
10:05 am Sandy S : I should just follow u guys
10:05 am Curtis M : nope trade your plan… learn 🙂
10:06 am Sandy S : lol i am I win now lol
10:07 am Curtis M : wow nice play on $PTX it should go now guys
10:09 am Curtis M : stoch rsi coming off here
10:09 am Curtis M : but tsi trending up
10:10 am Curtis M : 50 50 here
10:10 am Curtis M : $NAVB halt
10:16 am Curtis M : Gold at 50% retrace of decline from last summer and near the quadrant edge (blue line) – above blue line it could be gone for a long time
10:17 am ibrahim ibrahim : i was looking to sell at 1255
10:19 am Curtis M : 1252 if it holds that could be gone for a long time….
10:19 am Curtis M : just what our math says is all
10:19 am Curtis M : could be wrong
10:19 am ibrahim ibrahim : 🙂
10:20 am slade d : lololol uh no its not wrong
10:21 am Curtis M : we’ve ben wrong I think maybe… I have but I can’t recall algos being wrong actually… u could be right slade lol
10:21 am Curtis M : i’m wrong regularly but the math hmmm
10:21 am ibrahim ibrahim : im looking at the hourly on 11 nov 2016
10:22 am ibrahim ibrahim : last low pre free fall
10:22 am Curtis M : really interesting spot
10:22 am ibrahim ibrahim : a rounded retest
10:22 am ibrahim ibrahim : i could be wrong too :0
10:22 am ibrahim ibrahim : :))
10:23 am Curtis M : algo math says 1251.11 is the test and the algo quadrant wall is at 1252.20 and above that she’s gone as far as algos are concerned
10:24 am Curtis M : i guess we’ll see
10:24 am Curtis M : congrats longs!!!
10:24 am Sandy S : whay thanks curt
10:25 am OILQ K : ya ha i think everyone pretty much except curt took that algo recommendation at the turn 🙂
10:25 am Curtis M : omg you had to
10:25 am OILQ K : haha sorry
10:26 am ibrahim ibrahim : thank you, its my first time in the room, will keep the algo level in mind : )
10:26 am Sandra Q : the algos are spooky accurate ibrahim
10:27 am Sandra Q : spooky lol
10:27 am ibrahim ibrahim : lool
10:27 am ibrahim ibrahim : niice
10:27 am Curtis M : wow congrats guys seriously what a great play for ya all
10:27 am Carol B : we’re all richer today
10:28 am Mathew Waterfall : no high fiving yet. Made a new high but still needs continuation
10:28 am Sandra Q : lol Mat!!! you’re the best
10:29 am Curtis M : welcome ibrahim sorry it took so long 🙂
10:30 am Sandy S : i was wondering lol
10:30 am Mathew Waterfall : natty!
10:30 am Mathew Waterfall : nice report there
10:35 am Curtis M : cant find PR on $NAVB
10:36 am Curtis M : we don’t have algorithmic charting for natgas
10:36 am Curtis M : for navgas we rely heavily on Mathew
10:37 am Mathew Waterfall : And to trade it I rely heavily on red wine so take that for what you will lol
10:37 am Mathew Waterfall : I never trade it large in size, and always trade against prior levels. Natty can trade like an angry bipolar ex so be careful
10:37 am Sandra Q : ha
10:39 am Curtis M : I’m packing for my journey but I’ll be n room when wifi avail en route see ya tomorrow for full day! GL!
10:40 am Curtis M : Mat you can take over charts anytme if you like or not.
10:41 am Mathew Waterfall : OK. I’ll be here until 12 then have to take a break for an appointment so I’ll take over it anything fun come sup
10:41 am Curtis M : ok room will run
10:41 am Curtis M : ttyl
10:44 am Mathew Waterfall : dollar testing into the 100 handle. Godl bugs want to see that breakdown continue
10:47 am Sandra Q : .
10:50 am Mathew Waterfall : Big money is quiet on the optiosn side today. BAC and $FDX/$UPS saw a ton of buying yesterday, no follow through tere into today that I’ve seen though
10:50 am OILQ K : 10 – 4
10:51 am Greg L : not looking healthy intra
10:51 am Mathew Waterfall : Feels like it wants to finally roll over here IMO. Some internals finally not being propped up
10:52 am Jack D : might be a study day yet
10:55 am Mathew Waterfall : $IAG amr 5.5’s at .09 on this morning weakness. This see’s 5’s shortly if gold holds up
10:55 am Mathew Waterfall : *mar monthlies
10:55 am Jack D : nce
10:55 am Carol B : yes
10:56 am Mathew Waterfall : On the bid for more but don’t know if I’ll get them
10:56 am MarketMaven M : back in bit
11:00 am Mathew Waterfall : on the mic
11:07 am Mathew Waterfall : Did pick up some additional $IAG common to go along iwth yesterdays buy and calls bought today
11:08 am Mathew Waterfall : Crude: +564K, Last +9.527MMDistillate: -4.92MM Gasoline: -2.63MMCushing: -1.53MM
11:10 am Mathew Waterfall : $VXX sweeps. People starting to look towards the downside here
11:27 am curtenroute m : doesnt look like i missed much
11:28 am slade d : nope
11:33 am Mathew Waterfall : Taking over the screens if it lets me. Those alerts were right in the middle of the screen
11:34 am curtenroute m : perfect
11:34 am Mathew Waterfall : Silver left, usd/jpy right with gold over lay being the bright gold line if that isn’t clear
11:35 am OILK K : clear
11:35 am OILK K : clear
11:48 am Mathew Waterfall : Loojing for some of these miners to play catch up here. light day in $GDX thus far, many not trusting this move it seems. If gold gets up and over and ramps there will be a massivce chase underway
11:52 am curtenroute m : $ONCS
11:57 am Mathew Waterfall : Gotta take a break. Be back a bit later will leave the screens up
11:57 am curtenroute m : KK
11:57 am curtenroute m : $ONCS didnt get much om news
11:57 am curtenroute m : picked wrong day
11:59 am curtenroute m : $ONCD VWAP
11:59 am slade d : tough day
12:04 pm curtenroute m : $ONCS LOL
12:04 pm curtenroute m : VWACKED
12:09 pm curtenroute m : bears gotta make it happen today imo
12:10 pm curtenroute m : if they dont bulls will likely take lead tomorrow
12:28 pm Mathew Waterfall : Resetting things, back in a few
12:34 pm Sandy S : $EEM blocks
12:39 pm Optionsavvy none : gm
12:47 pm OILK K : hey optionsavvy
12:47 pm OILK K : Curts on the road so charts arent running
12:47 pm OILK K : quiet day
12:48 pm Jake R : Looking at $OWCP here
12:51 pm Optionsavvy none : not a bad look. if buyers can drag it north for a HOD break it could run nicely
12:52 pm OILK K : Long $VLTC a starter
12:53 pm Optionsavvy none : RWLK vol
12:54 pm Optionsavvy none : RWLK seller defending 2.5 if breaks could see 3+
12:56 pm Jake R : $OWCP may clear 2
12:56 pm Mathew Waterfall : Dollar getting a little action here but quiet across the board. This could easily get messy but I think the bears are deflated so it just grinds
12:58 pm Optionsavvy none : RWLK long
01:00 pm slade d : $OTIV HOD
01:00 pm slade d : looking at $RWLK options
01:00 pm Optionsavvy none : I’m not in love with it but vol staying in when they hit the ask so going to ride it out a few
01:01 pm Optionsavvy none : bid sorry
01:02 pm Optionsavvy none : might be taking my +.05 and going elsewhere if they dont follow through shortly
01:05 pm OILQ K : twtr blocks
01:05 pm Mathew Waterfall : Under VWAP and MACD cross on $RWLK
01:07 pm Optionsavvy none : vol died on me
01:08 pm Optionsavvy none : 2.24 will stop me out
01:09 pm Sandy S : $TZA for a start
01:11 pm Optionsavvy none : still in
01:11 pm OILQ K : Adding to $DIS swing last add
01:13 pm Optionsavvy none : took myself out at -.10
01:15 pm Optionsavvy none : this AYA has been showing up on my scans. decent flag
01:15 pm Mathew Waterfall : Natty gives up all of the post report gains and then some. Still can’t find its footing
01:15 pm curtenroute m : watching $OWCP wash out while on road here
01:18 pm slade d : $TSLA VWAP
01:21 pm OILQ K : $CETX on move
01:28 pm curtenroute m : Long $OWCP
01:37 pm curtenroute m : man I hit it hard too and nothing … holding for mow
01:38 pm curtenroute m : was looking for a break on HOD with time of day on my side maybe
01:42 pm slade d : .
01:47 pm curtenroute m : $CLBS halt
01:48 pm Mathew Waterfall : More $SLB and $BAC calls being bought. $BAC has seen orders flowing all week, someones looking for a rate hike
01:50 pm Optionsavvy none : BAC working on a breakout of 11/08 levels
01:51 pm Optionsavvy none : been looking at BAC leaps
01:51 pm Jake R : $TEUM HOD
01:53 pm Mathew Waterfall : I don’t see how $BAC keeps running without another rate hike, and there’s no reason to think we get one in March
01:57 pm Optionsavvy none : because it was being smothered by regs . now that we have $GS in the whitehouse its going to be a free for all
01:58 pm Optionsavvy none : bring back the Credit swaps and stated loans weve learned nothing
02:00 pm curtenroute m : had to cut down 5 cents
02:00 pm Mathew Waterfall : Just like we’re now learning the tax plans aren’t coming anytime soon, I think banks start to feel the lack of action as well. That’s just me I’m not bearish on them just don’t want to be launching huge calls into them
02:01 pm Optionsavvy none : agree thats the unknown
02:02 pm Optionsavvy none : BAC 11/08 high was 24.62. broke that this morning and pulled back. wait and see mode
02:04 pm Mathew Waterfall : It broke that yesterday and sold off on FOMC minutes as well so there’s at least some optimism tied to the rake hike possibility
02:04 pm Optionsavvy none : BAC one of my fav option plays. cheap to play
02:05 pm Optionsavvy none : FH showed up scan pre. currently running about 2x vol. could bounce nicely
02:09 pm Jake R : Just noticed that $NE Noble call from your Twitter feed that was on newsletter this morning – I missed that one nice call!
02:10 pm Optionsavvy none : heading out. just stopped by to check out the room. best of luck all
02:10 pm Mathew Waterfall : $FH likes to play that range it seems. I’ve traded it a bit in the recent past and it has rouble getting going
02:10 pm curtenroute m : $OWCP runs lol
02:10 pm Mathew Waterfall : Thanks you as well!
02:25 pm curtenroute m : $NE still running
02:26 pm Jake R : $CNXS sub up 100%+ wow
02:27 pm Mathew Waterfall : $NE 38.2 and large volume dist at 8.34 FYOI
02:27 pm Mathew Waterfall : *FI
02:27 pm Mathew Waterfall : jesus fyi I mean
02:32 pm OILK K : $CLBS nHOD
02:34 pm Mathew Waterfall : MEssy flow across the board again today in the indexes. SPY calls and puts being bought, a large $QQQ put order earlier, some $TZA calls. $VXX calls also being bought. So leaning a bit to the downside per my viewing but will have to double check the OI and totals alter
02:52 pm Sandy S : $GEVO pops
03:01 pm curtenroute m : what a mess out there
03:12 pm curtenroute m : $MGTI HOD
03:48 pm curtenroute m : Howd your day make out Mathew? Sorry I was distracted on the road here.
03:49 pm Jake R : pretty quiet curt
03:49 pm curtenroute m : tomorrow another day!
03:52 pm Mathew Waterfall : Another quiet day. Albeit green so I’m not complaining lol. Looks like most of the miners are lagging pretty hard here so I’m waiting for some catch up to start there and to see if we keep some rotation into energy names. Will want to enter $CHK before too long I think and don’t mind the level that natty is trading as long as it holds and gets back into the 2.70’s
03:53 pm curtenroute m : thanks for the update!
03:54 pm Mathew Waterfall : Yea not much going on after the initial action. Signs point to vol coming back though so let’s cross our fingers
03:54 pm curtenroute m : yup\
03:55 pm slade d : catcha tomorrow
03:57 pm Mathew Waterfall : Have a good night all, see ya in the morning!
03:57 pm curtenroute m : cya
03:57 pm Sandy S : bye guys

Be safe out there!

 

Article Topics: $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX  – $DUST, $ASM, $SSH, $VRX, $TRCH, $LGCY  – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Monday Feb 27, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo and I am one of six Algorithmic Charting services in development at Compound Trading.

NOTICES:

MULTI-USERS: Institutional / commercial platform now available.

PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures in 2017 and will have 24 hr crude oil trade room.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; info@compoundtrading.com, message our lead trader on Twitter, or message a lead trader privately in the trade room.

Visit this link for more information about my oil algorithm development, this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Monday Feb 27, 2017.

https://www.tradingview.com/chart/USOIL/SUn4WMy2-EPIC-the-Oil-Algo-Member-Chart-USOIL-WTI/

EPIC, oil, algo, $USOIL, $WTI, Chart

Crude algo intra work sheet 1228 AM Feb 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 54.32 at 1228 AM EST Feb 27, 2017. Some thoughts with respect to traditional charting that may help advance the trading edge:

At time of post oil is trading at 54.32.

Our traders are accumulating long in oil related $UWT when trade is near diagonal trendline support I have pointed out in numerous recent reports (blue line at lower side of chart).

There is a diagonal trendline resistance (blue) intraday at 55.27 (trending down) that is considerable (thick line as it comes from previous time price cycles) and a diagonal trendline support below (blue) at 53.31 trending up that has been tested and has held in recent trade (price momentarily lost the line at one point and recovered). Our traders execute trades at these widths with confidence (between 53.31 and 55.27 on the intra).

There is horizontal resistance (yellow) at 54.33 that has been breached a number of times (that can also act as support) and support (yellow) 51.93. Our traders execute trades at these widths with limited confidence (considering trade has breached at least 54.33 with relative ease).

Between the horizontal support and resistance lines are miscellaneous horizontal support and resistance lines (purple) and Fibonacci levels (various other colors not listed – which are the various other thin lines – I’ve marked one with a green arrow) that act as minor intra-day support and resistance.

Also, the Fibonacci based diagonal algo trend-lines lines that make up trading quadrants on various time cycles (in this instance the 30 minute shown – they are white dotted lines) act as intra support and resistance (very light – remember, the thicker the line the more important it is). Also note, price action will default to the white dotted fib algo quad lines when the red dotted alpha algo lines are abandoned (or absent the chart trading range) for one reason or another (but remember the red dotted lines are alpha).

The alpha algo lines (red dotted) also act as intra support and resistance (more-so than the secondary algo lines which are white dotted). There are no alpha algo lines on the current chart.

The most important item on this chart is the diagonal trendline (blue) on a downward trend (that I have mentioned in numerous reports the past weeks). 

The comments below apply again for this week’s trade report. There are no red dotted alpha algo lines or alpha algo targets in the immediate trading range – so this makes targets difficult to predict, I have however marked the most likely secondary algo targets to hit. As soon as oil trades with a confirmed break-out or break-down the alpha algo targets will be in play again and subsequent targeting will also become more clear. At issue (with the alpha algo targets and trendlines) is that while oil is trading in a sideways range it becomes difficult to establish alpha targets. 

Pre previous; There are however now secondary targets along the white dotted algo line – so they are not official calls but are targets noted because there are no alpha targets currently in range – and when there are none we default to the secondary algo lines (white dotted) and time of reports on Tues, Wed and Fri each week (see explanation below).”

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Trade the ranges noted above.

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

The diagonal trend-lines are marked on main chart above.

Price Action with 20, 50, 100, 200 MA

It is wise to study how the 20, 50, 100, 200 MA trade on each time-frame before trading oil related instruments (see previous posts).

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trendlines are marked on charts above.

Advanced Charting:

Respect support and resistance lines: If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

The alpha algo trend-lines are marked on main chart above.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

The diagonal trend-lines are marked on main chart above.

Current Algo Targets:

While price is in a horizontal range it is unfortunate but predictable alpha algo targets cannot be determined, however, I have added secondary targets to the report as noted above and on chart – but these are not alpha targets so they are not official calls. Below are targets represented on the chart and how many times out of one hundred we calculate each to hit. Keep in mind that recently Friday targets have hit as well as Tues and Wed and that on Friday’s it is common for price to be exactly in between two targets.

16:30 Tuesday Feb 28 – 53.60 (21%), 54.29 (37%), 54.99 (34%), Not an official call, refer to chart.

10:30 Wednesday Mar 1 – 53.39 (19%), 54.56 (35%), 55.00 (32%), Not an official call, refer to chart.

13:00 Friday Mar 3 – 54.29 (29%), (55.00) Not an official call, refer to chart.

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Intra-day trading quadrants are available on all time – cycles and all of them are not detailed on this charting. The charting above represents the 30 minute trading quadrants. If you require tighter time-frames please email us and we will update charting for the time cycle you are looking for.

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at info@compoundtrading.com – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.

Article topics: EPIC, Oil, Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Fibonacci


Stock Trading Plan for Friday Feb 24, 2017 in Compound Trading Chat room. $CEMP, $AXDX, $RH, $TST – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

No algo or swing trading updates today, just arrived back from my trip and no time be market open. Lots of videos being done this weekend that will be posted to YouTube.

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $NE, $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

$NE Noble Is my newest position and I think it went up about 6% on Thursday – haven’t had a moment to check.

$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Yesterday I posted $NE Noble Chart on watchlist on morning premarket and it was up 6% or so yesterday last I looked – hope ya banked on it! I got a few thank you’s from our Swing Trading side cause they had it on their morning Swing Trading updates from me also.

$NE, Trading Plan, Swing Trade

$NE Swing long 6.95 average for a 9.00 upside target.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $CEMP, $AXDX, $RH, $TST

$CEMP, Premarket, Trading, Plan, Stocks

$CEMP Up 47% Premarket

Cempra’s CEM-102 successful in late-stage ABSSSI study; shares ahead 49% premarket http://seekingalpha.com/news/3246318-cempras-cemminus-102-successful-late-stage-absssi-study-shares-ahead-49-percent-premarket?source=feed_f … #premarket $CEMP

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers:  $CEMP, $AXDX, $RH, $TST $OLED $AAOI $NAK $GEVO $TVIX $UVXY $PSO $JNUG $PLUG $NUGT $INCY $AUY $UGAZ

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades:  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics:  $CEMP, $AXDX, $RH, $TST – $UWT, $NE, $BSTG, $ONTX, $VRX, $SSH, $ASM, $TRCH – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Stock Trading Plan for Thursday Feb 23, 2017 in Compound Trading Chat room. Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, $BSTG  – $UWT, $ONTX, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

All algo and swing newsletters caught up for mid-week and complete reports this weekend. Still have to get Tuesday’s trading results out (on to do list).

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $BSTG, $ONTX, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop – didn’t get it so hoping for a pull back in miners soon – if not I’ll have to take the loss). $CBMX I am now out for huge gains.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Per previous; My outlook is very similar to yesterday. It seems Crude Oil $WTI has pushed its trade range right up near resistance to parallel $Gold, $Silver, and the $DXY US Dollar – they are all at decisions. Interesting scenario. $VIX is still dead and $SPY has another leg forming. The markets seem pensive but bullish at the same time. Again, interesting IMO.

Many of our traders have killed it last few days – fantastic to see congrats!

Per previous; I am really interested in where the bottom is for natural gas, so I am watching $UGAZ close. I think Mathew tagged 2.54 as a possible bounce area in the room yesterday and this morning it did tag that area and has bounced a bit. Also watching the resistance in oil as you know to possibly exit the $UWT swing soon. Also really curious to see what Gold and Silver and the Dollar do here with the Trump trade follow through.

My eyes are on; $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, $BSTG, $NE and small cap oil.

$NE, Trading Plan, Swing Trade

$NE Swing long 6.95 average for a 9.00 upside target.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $PTX, $NAK, $CIM, $CBMX

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers:  $PTX 41%, $NAK 31%, $CIM 29%, $CBMX 20%, $AVEO $MBVX $CPG $UCTT $TGB $URRE $NVCR $UGAZ $CRI $SQ $BLCM $EW $INO

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: $SQ $UN $HD $WAAS $QSR $SHOO $IFF $OKE $PN $KB $TX as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $NVDA $LZB $BLMN $OUT $NSM $FLIR $RAI $SAH $AGR $LB $TGB as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics:  – $UWT, $BSTG, $ONTX, $VRX, $SSH, $ASM, $CBMX, $DUST, $TRCH, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

1 2 3 8