Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Jan 26, 2017 $GOOGL, $MSFT, $DUST, $INTC, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY   – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

Per Yesterday;

New Member Processing: Because our promo expires at the end of the month we are processing more new members than normal and Sartaj is traveling in Europe so he is processing at each stop on his travels as he gets time – bear with us, we’re getting new members up and running with reports within 72 hours of check-out at this point! Thanks!

Two Week Account Double Challenge: It ended today (Monday) because there was a holiday last week (so ten trading days). I didn’t double, I think I was closer to 41% and our techs will do review vids and publish P&L soon for review. It started out really strong and as inauguration got closer market got less aggressive and has been since. The momo plays lacked follow through the last five or six trading days. Oh well! 41% ish isn’t bad. I’ll be looking to get my double up before the end of the month now and I’ll be targeting a double up per month going forward. Remember – all live in the room, recorded, transcript etc… no calling things after the fact – totally transparent room.

Daily Trading Results: I apologize, I haven’t had time to do last Wed, Thur and Fri yet – I will post them. To be honest they were so uneventful for me that I prioritized other work – but I’ll get them out soon.

Promo Code Discounts are Ending: The 38.2% inaugural opening discounts end Jan 31, 2017 and we won’t be a promo driven type room – so if you’re thinking of jumping do it now. Also, the promo codes are technically all used up (we were only going to offer discount for first 200) so if you get an error message when typing in your promo code that’s on the website then let us know and a tech will sort it for you.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

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

$GOOGL, $MSFT, $DUST, $INTC, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY

Google I entered with some of our swing service members after market trading (large entry), $MSFT and $INTC I scalped after market. $TRCH I entered doing regular trade as an add and $LGCY – holding both. Still hold $DUST, $JUNO, $ROKA, $CBMX and I’m bullish on all (have a plan and reasons for all that I won’t get in to here). Had a small papercut moomo trade for a 5 cent loss first thing in morning.

$TRCH Bull

$TRCH Bull

Momentum / Noteable Stocks Today:

Ticker Last Change Volume Signal
FFHL 3.42 48.05% 3732398 Top Gainers
GLF 2.10 44.83% 2029400 Top Gainers
MSDI 2.16 35.85% 2722800 Top Gainers
PULM 2.22 35.37% 20261451 Top Gainers
AVGR 3.10 34.78% 9900900 Top Gainers
BDMS 12.75 34.21% 14600 Top Gainers
GMO 0.56 23.33% 1387439 New High
LUNA 2.27 14.07% 1515973 New High
MGCD 8.70 13.55% 85867 New High
CFBK 2.04 8.05% 70259 New High
WOOF 90.80 0.01% 2005000 Overbought
UPLD 11.62 1.93% 15833 Overbought
FFHL 3.42 48.05% 3732398 Unusual Volume
MGI 12.92 8.75% 12625500 Unusual Volume
ENTL 16.69 -13.92% 1891400 Unusual Volume
MGCD 8.70 13.55% 85867 Unusual Volume
ABB 23.80 1.28% 5779600 Upgrades
ABMD 106.09 -7.60% 1243213 Earnings Before
COGT 3.85 -2.53% 78400 Insider Buying

Holding:

New Swing Account Entry $GOOGL Scalped – $MSFT, $INTC Small size – $DUST, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY, $ESEA

Looking Forward:

I’m still bullish. We were right about Brexit, Trump winning, all time highs in markets, our algos have obviously been nailing it and I have no reason to stop. We are publishing my and the algo and swing trading P&L’s over next few days with obvious massive percentage gains over many hundreds of calls now dating back to last July. We’re also doing some webinars soon to help the market about our algos and to show members how to use them. And finally we have a series of documents and videos coming out that take a scientific approach to all our calls and the verdict on our success – fortunately we tracked the whole launch process. It has been upward and onward since we started developing the algos and I am very very pumped forward.

Per last report on Tuesday;

I’m excited for trade now. Yesterday I pointed out that I was looking at a trade in inverse Gold and that worked out and that it looked like commodities were going to cool some. Also noted yesterday that the market would likely pop and $SPY got some lift. So no surprises at all – going per plan. Epic the Oil algo, Rosie the Gold Algo, SuperNova Silver Algo and the rest of them are all dialed in and hitting well.

I can’t complain – I’ve had a good run, Mathew is hitting it regularly and the members are having a great year so far so it’s all systems a go!

In overnight trade it looks like commodities are cooling a bit so I may look at inverse Gold or Miner’s ETN’s ETF’s Tuesday, also market has been calm since inauguration so I would expect a bit of a pop or drop here soon and I’m thinking a pop. So I’m looking forward to the last six days of trading in January.

Also looking at the Trump “wall” trade 🙂

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

Announcements in Trading Room:

09:00 am Curtis M : Premarket Momo: $AVGR, $MGI, $FFHL, $FNCX, $RLMD – also Gold and Natural Gas lots of range.

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

08:57 am Curtis M : .
09:01 am OILK K : Gold looks awful
09:21 am OILQ K : $FNCX looks good for open
09:22 am Mathew Waterfall : looks like usd/jpy wante to test the top of the channel which is right about 114.4 and also lined up with previous support/res. I expect it to back off from there but watching closely
09:31 am Elyse N : Watchin $RADA here
09:31 am Elyse N : $FFHL long
09:35 am Roger S : $FFHL rocket power wow
09:35 am Mathew Waterfall : $AAPL call spread almost a double. Im out at 3 bags
09:36 am OILQ K : Crude is really close to break out territory
09:36 am Curtis M : Ya watching close
09:40 am Kari S : Short $FFHL
09:40 am Jon E : $PCLN momo
09:42 am Steve S : Good short Kari
09:53 am Mathew Waterfall : Seeing some messy options flow. Puts buying in a few names and on $SPY. Some large $TVIX darkpool prints as well
09:56 am Clive B : $GLBS on steriods
10:02 am Gurpreet S : $RGSE lol
10:06 am Steve S : $PULM popping a bit
10:18 am Kari S : Taking some $SEAX here for a start
10:18 am Kari S : $SAEX
10:19 am Kari S : Rails looking awesome too guys
10:19 am Elyse N : Yes to rails
10:26 am Curtis M : I was on top of $LGCY 2 days ago ugh and forgot
10:35 am Curtis M : Thanks Mat
10:36 am Curtis M : Starter in $PULM
10:39 am Kari S : $TRCH up 5% Curt
10:46 am Curtis M : Stopped out $PULM .5 cent loss
10:46 am Mathew Waterfall : $egle POPPIN
10:54 am Curtis M : Long $LGCY small for break out
10:54 am Curtis M : Still hunting break outs lol
10:55 am Mathew Waterfall : Scanners are empty. Im gonna take a break and do some deeper scanning to see if I can find anything positive out there. Be back in a bit
10:55 am Curtis M : kk
11:08 am Roger S : Covered $NAK short from open
11:09 am Clive B : What r u thinking with crude curt?
11:09 am Curtis M : Thinking theres a possible squeez coming above that yellow line if it gets there
11:10 am Clive B : ya thats what I figured
11:10 am Curtis M : It may get there if so I’ll hammer down on small small cap oil and UWT
11:10 am Curtis M : But it has to get there
11:12 am Curtis M : Long another 100 shares $LGCY 2.61 avg
11:18 am Kari S : $TRCH looks like its going to go soon Curt
11:19 am Kari S : $LGCY and $TRCH could be good so I am going to start small entries
11:29 am Jon E : $TRCH popping nice volume
11:31 am Mathew Waterfall : Interesting to me that $IWM is remaining weak against the other indexes. Watching this to see if it leads to the downside. It lead higher after the election so it should provide some direction
11:33 am Curtis M : If oil gets up over that white dotted algo line t will test the upside resistance break out area
11:35 am Mathew Waterfall : Small $JNUG tester against LODish
11:35 am Mathew Waterfall : USD/JPY chart looks like it wants to roll over a bit otherwise I wouldn’t take this trade
11:35 am Mathew Waterfall : $GDX chart looks UGLY so tight leash
11:35 am Mathew Waterfall : 7.93 entry
11:39 am Mathew Waterfall : Huge buy $GDX 22.83
11:40 am Roger S : Nice bottom $SCON bouncer
11:40 am Mathew Waterfall : Gonna set my stop to flat and move on for a bit. Will let it play out here
11:49 am Mathew Waterfall : No mojo for me today. Stopped flat on that $JNUG attempt. Not looking to take losses so I may just sit on my hands and see where this market goes
11:57 am Mathew Waterfall : Bought a bit of $SLW to add to the amount I bought yesterday averaging down. About half position here. and $JNUG is now moving north lol
11:57 am Mathew Waterfall : $SLW is a swing and I will hold for a while
12:03 pm Elyse N : Curt – when is that webinar?
12:04 pm Curtis M : We have one for Rosie the Gold algo coming – haven’t set on for Oil yet – soon
12:04 pm Elyse N : ok would like that
12:05 pm Curtis M : This weekend we’re announcing times for webinars for all algos
12:06 pm Curtis M : Machines pushing the edge of that algo line hard in crude
12:06 pm Curtis M : real aggressive
12:06 pm Curtis M : here it is
12:07 pm Curtis M : wouldnt want to be short but it could fail still but short is not good here
12:11 pm Mathew Waterfall : Rollover continuing in USD. $TLT also flashing green
12:15 pm Roger S : Long $UWT small and will add if we see a break out – short leash as Mathew says
12:16 pm Caide X : Good risk reward Roger – break out oil gets to 54.30 before res makes sense
12:17 pm Caide X : Looking at miners and not sure what to do
12:19 pm Mathew Waterfall : Have a coin to flip Caide? lol j/k
12:19 pm Mathew Waterfall : give me a second I’ll hop oin the mic and give my view
12:26 pm Curtis M : $BCEI halt
12:28 pm Mathew Waterfall : Hope between the mini tangets some of that made sense lol
12:42 pm Dean S : In $CLVS some
12:47 pm Steve S : $SSH jiggy
12:49 pm Elyse N : $AWH alive now
12:57 pm Steve S : $BCEI short cover pop and drop action?
01:00 pm Mathew Waterfall : Halt was for news but I can’t find out what the news was so not trading it
01:00 pm Mathew Waterfall : the 5′ bar it put in is crazy thought
01:01 pm Steve S : No news out there on $BCEI at all
01:02 pm Mathew Waterfall : The only news I could find was that it was halted for news lol so that’s great
01:02 pm Steve S : lol
01:02 pm Mathew Waterfall : Likely a bunch of people guessing at this point
01:04 pm Mathew Waterfall : Dollar getting smoked finally. $GDX running into a trendline over 22.96 will have legs if dollar keeps falling
01:04 pm Gurpreet S : $MYOS high of day
01:05 pm Mathew Waterfall : Problem with $MYOS is that it already had a large ramp to squeeze the shorts
01:06 pm Mathew Waterfall : Now inventory may be looking to exit if they bought up near those highs
01:08 pm Jon E : Low floats aren’t easy playz imho
01:12 pm Mathew Waterfall : You got that right Jon.
01:13 pm Jon E : pumpers there too
01:14 pm Curtis M : crude support test
01:15 pm Curtis M : blue line
01:16 pm Curtis M : Gold coming up to res at blue line
01:21 pm Steve S : $EGY dump
01:25 pm Mathew Waterfall : $gld call buying coming across here
02:15 pm Mathew Waterfall : still sitting on my hands over here. Gold so far with the 23.6 on the downside and bounced holding above it so far. Close over that at 1184.1 is constructive for a test to upsie at 1221 which is the 38.2 and basically the last swing high
02:26 pm Steve S : Watching your Twitter feed Curt 🙂 Just poking the nerves of bears over there
02:26 pm Steve S : $TRCH does look good though
02:27 pm Curtis M : ya
02:28 pm Curtis M : just havin fun
02:37 pm Curtis M : Here comes the test on $SPY
02:41 pm Steve S : Adding to $NVDA swing
02:43 pm Gurpreet S : Decent spot Steve
02:44 pm Gurpreet S : I was looking at it on its pullback but didn’t enter
02:46 pm Caide X : Wow $DELT action here
02:51 pm Mathew Waterfall : $DELT is flying. Sliced right through VWAP. Might take some on a pullback to that area
03:05 pm Mathew Waterfall : Vicious green bar the dollar just put in and basically got swatted as resistance.
03:26 pm Dean S : Adding to $LGCY swing in to close
03:29 pm Mathew Waterfall : What a do nothing day. I will spare you guys the useless ramblings into the close here sense we havne’t really moved all all sense my last check in. Looking for dollar back in the 99’s over the next day or two and gold abck north or 1200. Other than that nothing changed on my radar
03:30 pm Jon E : ya boring
03:31 pm Mathew Waterfall : Even as daytraders we don’t have to trade heavily every day. Over trading can be a good way to donate money, something I hate doing
03:32 pm Gurpreet S : 10 4
03:44 pm Steve S : $KerX lozer
03:50 pm Mathew Waterfall : $TLT wants HOD into the close. 119.29 and I will think of taking some calls
03:57 pm Kari S : $GOOGL , $MSFT, $SBUX , $INTC , $WYNN , $PYPL here we come
03:59 pm Mathew Waterfall : Big night for earnings. I don’t play earnings so I’ll be watching from the sidelines. Have a good night all, slight down day for me with my miners and metals plays, but looking for upside after some consolidation. See ya in the am
04:00 pm Curtis M : cya Mat
04:00 pm Curtis M : cya crew

Be safe out there!

Follow our lead trader on Twitter:

https://twitter.com/curtmelonopoly

Article Topics: $GOOGL, $MSFT, $DUST, $INTC, $JUNO, $CBMX, $ROKA, $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


My Stock Trading Plan for Thursday Jan 26, 2017 in Trading Chat room.  – 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!

Notices:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

All very small positions – $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Gold is in trouble and at a very important decision area – review Rosie the Gold Algo report for details. $DXY and $USDJPY still wildcard. $VIX is getting crushed to lows as I expected. $SPY got lift as expected. $GDX – as per previous…. careful, if market gets idea that Trump not going to help miner’s like market thinks whoompf.

Rosie the Gold Algo, Epic the Oil Algo, SuperNova Silver and the others continue to hit calls so I’m pumped.

 

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Watch:  $AVGR, $MGI, $FFHL, $FNCX, $RLMD

8:30
Jobless #

8:30
Int trade
Chicago Index

9:45
Index Flash

10a
Home Sale

10:30
NG #’s

11a
KC Mfg

1p
7Yr Note

4:30
Fed Bal Sheet

Wholesale Inventories Dec. 1.0%, Exp. 0.1%

Low floaters up in premarket $FNCX $NURO $RXII $FFHL $PULM $CAPN $RADA

EARNINGS: Ford beats estimates on revenue, but affirms 2017 outlook as ‘generally lower’ than last year http://cnb.cx/2j7Rphd

Radian +1.9% after topping estimates http://seekingalpha.com/news/3237807-radian-plus-1_9-percent-topping-estimates?source=feed_f … #premarket $RDN

Raytheon falls after Q4 miss http://seekingalpha.com/news/3237808-raytheon-falls-q4-miss?source=feed_f … #premarket

JetBlue gains after earnings http://seekingalpha.com/news/3237809-jetblue-gains-earnings?source=feed_f … #premarket $JBLU

Pfizer’s C. diff vaccine candidate successful in mid-stage study http://seekingalpha.com/news/3237810-pfizers-c-diff-vaccine-candidate-successful-mid-stage-study?source=feed_f … #premarket $PFE

$POT -5.2% premarket after posting weaker than expected Q4 earnings

#Mattel maintained at buy at Moness Crespi. Price target cut $3 to $34.
$MAT -12.23% at 27.70 premarket #stocks

Royal Caribbean’s stock surges 2.7% premarket after Q4 results http://ift.tt/1sXtiiU

Celgene Q4 top line up 16%; non-GAAP earnings up 34%; shares ahead 1% premarket

$NURO Full year 2016 revenue of $12.0 million was up 65% from $7.3 million in 2015. #Premarket

BLACKSTONE GROUP LP SHARES UP 2.8 PCT AT $31.49 IN PREMARKET TRADE AFTER RESULTS

Endo restructures; 90 jobs cut; shares up 1% premarket $ENDP

Caterpillar dips on softer guidance http://seekingalpha.com/news/3237791-caterpillar-dips-softer-guidance?source=feed_f … #premarket $CAT

L-3 Communications beats by $0.27, beats on revenue http://seekingalpha.com/news/3237818-lminus-3-communications-beats-0_27-beats-revenue?source=twitter_sa_factset … #premarket $LLL

Weight Watchers pushed higher by Oprah news again http://seekingalpha.com/news/3237816-weight-watchers-pushed-higher-oprah-news?source=twitter_sa_factset … #premarket $WTW

Moneygram +30% on WSJ report of Alibaba interest http://seekingalpha.com/news/3237813-moneygram-plus-30-percent-wsj-report-alibaba-interest?source=twitter_sa_factset … #premarket $MGI $BABA

 

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:  $AVGR 37%, $MGI 30%, $FFHL 23%, $FNCX 22%, $RLMD 18%, $CAPN $NURO $VNR $LGCY $URI $UGAZ $PKX $NOW $EBAY $JDST $DUST

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

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

(3) Other Watch-List: $NG, $URRE, $AUMN, $GLDD, $EGI, $UEC, $GSS, $GPL, $MNGA, $LTBR, $XRA, $AUY, $NAK are on my watchlist.

(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: $MTOR $WNC $WGL $CLVS $GWW $MSM $IP $PAC $SGMS $RES $PKX $URI $EL $BANC $CPF $RES $WASH  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $JNJ $ACAT $NAP $CDXS $IGT $MAT $HOPE $MDP $WOOF $HSKA $VAR 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.

$AVGR, PREMARKET, Stock, Trading, Plan

$AVGR PREMARKET – Stock Daytrading Trading Plan

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:  $AVGR, $MGI, $FFHL, $FNCX, $RLMD, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Wednesday Jan 25, 2017 in Trading Chat room.$URRE $GSAT $BIOC $ACAT, $LOGI, $NEWR  – 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!

Notices:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

All very small positions – $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Looks like Gold is trying to get up off the mat – yet to be confirmed. $DXY and $USDJPY still wildcard. $VIX is getting crushed to lows as I expected. $SPY got lift as expected. $GDX surprisingly resilient – careful, if market gets idea that Trump not going to help miner’s like market thinks whoompf.

Rosie the Gold Algo, EPIC the Oil Algo and the others couldn’t be more dialed in so that’s fantastic.

Per yesterday;

This could be start of turn in many areas. Looks like some bio runner momos and Gold, Silver and other metals active and close to test. $SPY rangebound but with earnings we could go here. $DXY could be at interim support.

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Watch:  $URRE $GSAT $BIOC $ACAT, $LOGI, $STX, NEWR

$NEWR, Stocks, Trading Plan, Premarket

$NEWR PREMARKET – Stock Market Trading Plan

General Motors a top pick at Morgan Stanley http://seekingalpha.com/news/3237358-general-motors-top-pick-morgan-stanley?source=feed_f … #premarket $GM

PetroChina issues profit warning, names new CFO http://seekingalpha.com/news/3237353-petrochina-issues-profit-warning-names-new-cfo?source=twitter_sa_factset … #premarket $PTR

LendingClub +1% as Morgan Stanley sees 35% upside http://seekingalpha.com/news/3237344-lendingclub-plus-1-percent-morgan-stanley-sees-35-percent-upside?source=twitter_sa_factset … #premarket $LC

Disappointing quarter from Textron http://seekingalpha.com/news/3237360-disappointing-quarter-textron?source=feed_f … #premarket $TXT

$LOGI (+13.9% pre) Logitech Posts Striking Q3 Earnings Beat; Shares Up

BA Q4 revenue $23.29BN, Exp. $23.53BN,
EPS. $2.59, Exp. $2.34

MBA Mortgage Apps
7:00 AM ET

House Price Index
9:00 AM ET

Petroleum Status Report
10:30 AM ET

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: $ACAT, $LOGI, $STX , $NEWR, $WDC $AA $SAN $RAD $FNSR $CENX 

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

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

(3) Other Watch-List: $NG, $URRE, $AUMN, $GLDD, $EGI, $UEC, $GSS, $GPL, $MNGA, $LTBR, $XRA, $AUY, $NAK  are on my watchlist.

(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: $AA $PKG $IP $MPEL $STAY $PSXP $HCP $ABB $I $VALE $JBLU $CTL $NE $RIG $AEO $CSX $OKSB $STAY as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $COH $JCOM $VZ $OKE $SFNC $COH $BT $LUV $AKS $KATE $BPOP $CONE $PII $TEN $FITB $H $VOD 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: $URRE $GSAT $BIOC $ACAT, $LOGI, $STX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Tuesday Jan 24, 2017 $TRP, $DUST ($GLD, $DUST, $NUGT, $JDST, $JNUG)  – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

New Member Processing: Because our promo expires at the end of the month we are processing more new members than normal and Sartaj is traveling in Europe so he is processing at each stop on his travels as he gets time – bear with us, we’re getting new members up and running with reports within 72 hours of check-out at this point! Thanks!

Per Yesterday;

Two Week Account Double Challenge: It ended today (Monday) because there was a holiday last week (so ten trading days). I didn’t double, I think I was closer to 41% and our techs will do review vids and publish P&L soon for review. It started out really strong and as inauguration got closer market got less aggressive and has been since. The momo plays lacked follow through the last five or six trading days. Oh well! 41% ish isn’t bad. I’ll be looking to get my double up before the end of the month now and I’ll be targeting a double up per month going forward. Remember – all live in the room, recorded, transcript etc… no calling things after the fact – totally transparent room.

Daily Trading Results. I apologize, I haven’t had time to do last Wed, Thur and Fri yet – I will post them. To be honest they were so uneventful for me that I prioritized other work – but I’ll get them out soon.

Promo Code Discounts are Ending: The 38.2% inaugural opening discounts end Jan 31, 2017 and we won’t be a promo driven type room – so if you’re thinking of jumping do it now. Also, the promo codes are technically all used up (we were only going to offer discount for first 200) so if you get an error message when typing in your promo code that’s on the website then let us know and a tech will sort it for you.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

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

$TRP, $DUST ($GLD, $DUST, $NUGT, $JDST, $JNUG)

I didn’t take any morning momentum trades because the open was really weak for the premarket runners. Trust the indicators! Lots of my friends got chopped up bad at the open Tuesday.

My first trade was in TransCanada Pipeline on the Trump approval of the Keystone Pipeline. I will say that one of our advantages is technology, in that we have a lot of data that passes through our offices and we were on top of this one the second it broke. I brought up the chart right away but there wasn’t action so I thought I’ll just set the alarms and left it. That was a mistake (but I was watching Gold and Silver close at the time). Anyway, the alarms sounded and I took a small entry. Got a moderate win. It also looks like I exited early but Trump had conditions to the pipeline deal so I exited. Many of our members banked – thanks for the thank you notes guys and gals!

Trading Results in Chatroom. $TRP TransCanada Pipeline Stock Trade

Trading Results, $TRP, Stocks, Chatroom

Trading Results in Chatroom. $TRP TransCanada Pipeline Stock Trade

My second trade was an add to my swing in $DUST. This was specifically because our algorithm Rosie the Gold Algo the night before and in her morning report was clear about a high probability of failure in Gold on Tuesday – and sure enough it hit. I entered later than I should have but I still got a decent daytrade win. My exit was near perfect – again thanks to Rosie algorithmic modeling.

Trading Results in Chatroom. $DUST Stock Trade. $GLD, $NUGT, $JNUG, $JDST, GOLD

$DUST, Chatroom, Trading Results, Stocks, GOLD

Trading Results in Chatroom. $DUST Stock Trade. $GLD, $NUGT, $JNUG, $JDST, GOLD

Momentum / Noteable Stocks Today:

Holding:

$DUST, $CBMX, $JUNO, $ROKA, $ESEA, $TRCH – all small 1/5 to 1/10 sizing.

Looking Forward:

I’m excited for trade now. Yesterday I pointed out that I was looking at a trade in inverse Gold and that worked out and that it looked like commodities were going to cool some. Also noted yesterday that the market would likely pop and $SPY got some lift. So no surprises at all – going per plan. Epic the Oil algo, Rosie the Gold Algo, SuperNova Silver Algo and the rest of them are all dialed in and hitting well.

I can’t complain – I’ve had a good run, Mathew is hitting it regularly and the members are having a great year so far so it’s all systems a go!

Per yesterday;

In overnight trade it looks like commodities are cooling a bit so I may look at inverse Gold or Miner’s ETN’s ETF’s Tuesday, also market has been calm since inauguration so I would expect a bit of a pop or drop here soon and I’m thinking a pop. So I’m looking forward to the last six days of trading in January.

Also looking at the Trump “wall” trade 🙂

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

Announcements in Trading Room:

09:03 am Curtis M : Gainers: $MPSX, $IDXG, $NAK, $REXX, $TNXP, $RMD $GPRO, $PLX $PLUG $CTIC $FCAU $UGAZ $BABA $GLBS

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:03 am Curtis M : $GNVC Buy Out 7$
09:18 am OILQ K : $VZ not a good morning on guidance ugh
09:31 am Caide X : L $CLRB
09:36 am Gunnar T : Long $JDST for daytrade with tight stops
09:37 am Mathew Waterfall : Out a few moe $NUGT 11 calls for this friday. .66 from .33 entry. Still in very small porrtion for a moon shot but will stop out flat if we get that far south. Good trade and looking to reload on a pullback for farther out strikes
09:40 am Mathew Waterfall : eyes on $TVIX for a quickie here against the lows
09:45 am Mathew Waterfall : Out of $NG for small gain. Don’t like how it acted yesterday with all of the miners being way up and it was lagging hard. Will stick with $AUY and $IAG as main gold miners outside of etf’s
09:48 am Mathew Waterfall : Big $TLT call block just went through. Like the strength there today after the 30 year sold off ON
09:49 am gary y : How about $GV? At all time high now and you where in earlier.
09:50 am Mathew Waterfall : Out at this point. Not my favorite gold related. Move looks a bit tired on that one but that’s not to say it can
09:50 am Mathew Waterfall : *can’t keep going
09:51 am Mathew Waterfall : Not my favorite set up though buying at ATH’s when there’s other stocks in the sector that aren’t as extended
09:51 am John E : Long $GENE some
09:51 am gary y : Thanks.
09:52 am Moob B : ss $BGI
09:57 am Mathew Waterfall : Ugly chart of the day thus far goes to $IBB. I wouldn’t want to be long that sucker
09:57 am Curtis M : ll
09:58 am Mathew Waterfall : $NUGT calls ripping but Im going to let this play out until at least tomorrow on my remaining portion there
10:02 am Curtis M : aggressive
10:07 am Mathew Waterfall : Just BTO $AG Mar17 12’s at .34
10:07 am Mathew Waterfall : Little risky at this point in the move but have enough time to pay
10:11 am Curtis M : Long $TRP 48.07
10:11 am Curtis M : Scaling 1000 shares
10:11 am Curtis M : Look at more later
10:27 am Curtis M : Looking at another $TRP entry add
10:30 am Mathew Waterfall : On the mic in a sec
10:30 am Caide X : Long $FH
10:31 am Gunnar T : Like $TRP play but what if Trump doesn’t sign?
10:35 am Curtis M : Thx Mathew’
10:37 am steve s : Long $CENX lets do this peeps
10:37 am Moob B : good call steve
10:40 am Gurpreet S : Thinking $XLF
10:43 am Caide X : Starter size in $URRE long here and add more on dips
10:50 am Mathew Waterfall : Quick break for coffee and scans. Back in a bit for some afternoon plays
10:52 am Curtis M : k
10:53 am Curtis M : Hope some of you are making money on this one.
10:53 am Kari S : Why of course!
10:54 am Kari S : It’s my homeland. haha
10:54 am Curtis M : nice
10:54 am Kari S : I beat you in tho Curt, when you first brought up chart and set alarm
10:54 am Curtis M : ha good one
10:55 am Curtis M : just be careful if bad news it will tank 3 bucks
10:55 am Kari S : yup
10:56 am Curtis M : Should be good for 50.00 without deal though but no deal would give it a challenge short term
10:57 am Jon R : on it
10:57 am Jon R : Just after you Curtis
10:57 am Curtis M : awesome
10:58 am Jon R : Really appreciate the work you guys do btw – really solid
10:58 am Curtis M : np
11:19 am Jon R : Long $LEU here 1/3 sizing it
11:19 am Kari S : That’s funny I was stalking it Jon
11:20 am Curtis M : Careful with the uptrend support on that one guys
11:20 am Curtis M : Looks good but respect that support
11:23 am Mathew Waterfall : $TVIX for a pop against LOD. /ES looks like it put in a bit of a tip
11:24 am Curtis M : Trump to renegotiate pipleline? Unconfirmed $TRP
11:25 am Mathew Waterfall : Added small $SLW on this pull as well
11:28 am Curtis M : pop or drop
11:32 am Curtis M : Sold 48.28 $TRP and then it bounces lol fark
11:32 am Curtis M : Small gain
11:35 am Mathew Waterfall : Out $TVIX for 2 cent/share loss. Not getting the response I was looking for
11:51 am Mathew Waterfall : $SLW back green with $SSRI holding solid all day. Lots of buying in the silder names
11:55 am Kari S : I actually understand what you just did 🙂 learning!
11:55 am Kari S : Bad ass charting
11:57 am Curtis M : lol
11:59 am Mathew Waterfall : I think Curt might know a thing or two lol
12:00 pm wei w : yuppp
12:00 pm wei w : both of u gurus hahaha awesome room
12:01 pm Kari S : skill 4 sure very happy foubf u guys
12:01 pm Mathew Waterfall : Thanks. Always way more to learn and ways to better yourself every day. What I love about this game and what frustrates me at times to
12:01 pm Curtis M : blush
12:02 pm Curtis M : Wow what a battle
12:02 pm Mathew Waterfall : Yepp dollar yen is up YUGE today .82% currently so putting the gold bugs to the test here
12:03 pm Curtis M : That blue line at 1211.34 is the top of the algo quad. Very important. $GOLD $XAUUSD
12:04 pm Mathew Waterfall : $AUPH just popped up for me. Slow grinder all day. No trigger for me unless there’s a bit of a washout
12:09 pm Mathew Waterfall : Dollar looks like it wants sub 100 again here
12:38 pm wei w : I know that your charts are crazy good but how did you know there would be a triangle there lol before it traded in a triangle? Unreal.
12:38 pm Curtis M : pop or drop soon wei 🙂
12:39 pm Mathew Waterfall : $GDX 61.8 at 24.38 as well could be resistance there
12:40 pm Curtis M : I’m watching 24.24 for break out or resistance $GDX
12:40 pm Curtis M : Waiting for Gold to confirm to upside of resistance too and then wham $NUGT
12:41 pm Curtis M : Need Gold over 1214.22
12:43 pm Curtis M : Prob is algos see 1213.05 as decision pivotin Gold  so market has to decide
12:45 pm Mathew Waterfall : Out some $AUY here at HOD. Will add on pulbacks
12:46 pm Mathew Waterfall : Taking some gains as that was up north of 10% for me
01:06 pm Mathew Waterfall : /ES top of range. Breakout of break down?
01:06 pm Mathew Waterfall : *or. $SPY also over fridays high
01:12 pm Curtis M : Looking for entry in $GLDD over 5.04
01:25 pm Mathew Waterfall : Not much continuation thus far in /ES. No huge TICKs either. Still no confidence in these moves
02:06 pm Mathew Waterfall : Another leg into $AG common right here. Got the pull I was talking about yesterday and this morning
02:07 pm Curtis M : Add to $DUST swing at 31.12 avg 1000
02:08 pm Mathew Waterfall : IMO miners just playing catch up here to weakness all day in gold
02:16 pm Curtis M : Looking for that breach of 100 day (blue) n 2 hour chart will sell if not
02:22 pm Gurpreet S : Trying $ASYS long
02:27 pm John E : Why’d you wait so long to add Curt?
02:27 pm Curtis M : Just playing the add for a break of 100 day on that chart thats it
02:28 pm John E : Any thoughts on $EEM?
02:28 pm Curtis M : Mathew would lkely know better
02:29 pm Mathew Waterfall : I like $EEM. Think it will outperform $SPX in 2017
02:30 pm Mathew Waterfall : Played it last year but haven’t had my eye on the international ETFs much this year thus far though I do have some money there in my way long term account
02:30 pm John E : Thanks
02:31 pm Mathew Waterfall : I haven’t broken down a chart lately though so I don’t know exactly what’s going on. From pulling it up rightnow it still ooks constructive and has room to go
02:31 pm Caide X : I like $EEM here too
02:32 pm Mathew Waterfall : I was aiming for the 45 swing high expecting that 8-12 months out
02:33 pm Caide X : good idea
02:38 pm Mathew Waterfall : Choppy option flow all day today. Seeing some puts in the steel names. $AKS getting no love after its big move and seeing puts all day which thus far have been right. Still not buying a break out in the indexes here
02:55 pm Mathew Waterfall : Sold some $OPXA on this bounce. Too bad I had a limit order for .9 the last couple days that never got filled
02:55 pm Mathew Waterfall : Will leave it there for the pullback that should happen sooner or later
03:10 pm Gunnar T : Long $NE I like the chart tiny starter
03:12 pm Shafique M : My $TSLA looking really good for 2017
03:13 pm Tyler H : I hold$TSLA too
03:14 pm Jon R : $OPXA in for EOD spike hopefully
03:16 pm Mathew Waterfall : Knife catching some $SSRI down here. metals plays will have a tightish stop for my new entries
03:17 pm Mathew Waterfall : $TSLA has been a rocket this year. Shorts getting burned so far it that one
03:24 pm Kari S : $TSLA love it in it to win it and $AMZN $GOOGL
03:33 pm Curtis M : Out $DUST 31.60
03:34 pm Curtis M : Daytrade portion only
03:34 pm Mathew Waterfall : Nice play. I scalped a few in/outs on that weakness and wouldn’t be surprised to see a bit more weakness in the moners but for now I’m following the trend and that’s up IMO
03:38 pm Mathew Waterfall : Damn and great timing on that exit lol $GDX turning up into the close
03:39 pm Curtis M : Was just tweeting about the Gold and Miners should be fun on both sides for a while here – back and forth is my plan
03:41 pm Mathew Waterfall : yepp great price aciton all around
03:41 pm Caide X : I would like to learn that art
03:42 pm Curtis M : Get t oknow your chartng Caide – we’ll show ya
03:43 pm Curtis M : We know where the ranges are now so it gets good
03:46 pm Gunnar T : Jacked for that – I’m in
03:47 pm Curtis M : Great
03:49 pm Curtis M : Wow remember I said break out $GLDD 5.04 jeez EOD
03:50 pm John E : See you guys again tomorrow
03:50 pm Curtis M : Catcha John
03:54 pm Moob B : later
03:54 pm Mathew Waterfall : Frontrunning going on in $NUGT. Tell’s ya something right there
03:54 pm Mathew Waterfall : Been going on all day. Lots of buying
03:54 pm Curtis M : Gold test here
03:56 pm Caide X : Thanks see ya all tmrw
03:59 pm Mathew Waterfall : $GDX green. Close the market lol
03:59 pm Curtis M : Have a great night – tomorrow gonna be good
03:59 pm Mathew Waterfall : Night all. See ya in the AM

Be safe out there!

Follow our lead trader on Twitter:

https://twitter.com/curtmelonopoly

Article Topics:  $TRP, $DUST – $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


My Stock Trading Plan for Tuesday Jan 24, 2017 in Trading Chat room.  $MPSX, $IDXG, $NAK, $REXX, $TNXP – 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!

Notices:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

All very small positions – $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

This could be start of turn in many areas. Looks like some bio runner momos and Gold, Silver and other metals active and close to test. $SPY rangebound but with earnings we could go here. $DXY could be at interim support.

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo: Gainers: $MPSX, $IDXG, $NAK, $REXX, $TNXP

$IDXG, PREMARKET, Trading Plan

$IDXG PREMARKET

Redbook
8:55 am

PMI Manufacturing Index
9:45 am

Existing Home Sales
10:00 AM

Richmond Fed Manufacturing Index
10:00 AM

Janus misses lowest estimate: 4Q adj. EPS 20c, est. 24c, range 22c-27c

Barclays downgrades AAPL to Equal Weight, cuts PT from $119 to $117

$PLUG Plug Power Exceeds 2016 GenDrive Deployment Goals https://globenewswire.com/news-release/2017/01/24/910309/0/en/Plug-Power-Exceeds-2016-GenDrive-Deployment-Goals.html …

Du Pont Q4 Revenue $5.2Bn, Exp. $5.25Bn;
GAAP EPS $0.29; Non-GAAP EPS $0.51, Exp. $0.42

Tableau Software upgraded to Buy at Citi http://seekingalpha.com/news/3236966-tableau-software-upgraded-buy-citi?source=twitter_sa_factset … #premarket $DATA

KB Home downgraded to Underperform at Raymond James http://seekingalpha.com/news/3236965-kb-home-downgraded-underperform-raymond-james?source=feed_f … #premarket $KBH

TG Therapeutics’ TG-1101/TG-1202 combo an Orphan Drug for DLBCL http://seekingalpha.com/news/3236962-tg-therapeutics-tgminus-1101-tgminus-1202-combo-orphan-drug-dlbcl?source=feed_f … #premarket $TGTX

D.R. Horton +2.6% after pleasing FQ1 results http://seekingalpha.com/news/3236959-d-r-horton-plus-2_6-percent-pleasing-fq1-results?source=feed_f … #premarket $DHI

Baird likes Amicus, sees 87% upside http://seekingalpha.com/news/3236952-baird-likes-amicus-sees-87-percent-upside?source=feed_f … #premarket $FOLD

$BABA up more than 4% #premarket on solid #s. Booming cloud revenue.

WestRock acquires Multi Packaging Solutions http://seekingalpha.com/news/3236948-westrock-acquires-multi-packaging-solutions?source=feed_f … #premarket $WRK $MPSX

Johnson & Johnson revenues up 2%; earnings up 20%, non-GAAP EPS up 10% in Q4 http://seekingalpha.com/news/3236945-johnson-and-johnson-revenues-2-percent-earnings-20-percent-non-gaap-eps-10-percent-q4?source=feed_f … #premarket $JNJ

Lockheed Martin beat on earnings and revenue. Solid sales for F-35, Trump’s favorite plane. But lowered outlook. $LMT down 1.5% #premarket.

Verizon down 2.5%; earnings and postpaid net adds disappoint http://seekingalpha.com/news/3236940-verizon-2_5-percent-earnings-postpaid-net-adds-disappoint?source=feed_f … #premarket $VZ

Ford to launch auto parts brand for all cars http://seekingalpha.com/news/3236969-ford-launch-auto-parts-brand-cars?source=twitter_sa_factset … #premarket $F

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: Gainers: Gainers: $MPSX 24%, $IDXG 18%, $NAK 11%, $REXX 11%, $TNXP 10%, $RMD 7%, $GPRO 5%, $PLX $PLUG $CTIC $FCAU $UGAZ $BABA $GLBS

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

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

(3) Other Watch-List: Novagold $NG, $URRE, $GREK are on my watchlist.

(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:$CXP $DATA $ALSN $FOLD $CALA $OMAB $TV $MKSI $CF $MOS $POT $AGU $SLGN  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$WATT $MSTR $CCRN $AMN $ESS $PFGC $KBH $DIN $AAPL $NK $HUM $LNT $SCG   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:  $MPSX, $IDXG, $NAK, $REXX, $TNXP, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Jan 23, 2017 $MRNS, $SSH, $GALE, $NVLS, $MDGS – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

Two Week Account Double Challenge: It ended today (Monday) because there was a holiday last week (so ten trading days). I didn’t double, I think I was closer to 41% and our techs will do review vids and publish P&L soon for review. It started out really strong and as inauguration got closer market got less aggressive and has been since. The momo plays lacked follow through the last five or six trading days. Oh well! 41% ish isn’t bad. I’ll be looking to get my double up before the end of the month now and I’ll be targeting a double up per month going forward. Remember – all live in the room, recorded, transcript etc… no calling things after the fact – totally transparent room.

Daily Trading Results. I apologize, I haven’t had time to do last Wed, Thur and Fri yet – I will post them. To be honest they were so uneventful for me that I prioritized other work – but I’ll get them out soon.

A Special Note to Newer Traders or Folks Looking in to our Services: I don’t have a lot of time right now to explain this, you certainly don’t have a lot of time to hear it and I won’t single anyone out – but I do again find myself having to set something straight. There is a newer trader that admittedly has not been consistent in his/her oil related trading – so he/she has been in our room for the last four or so weeks and getting Epic the Oil Algo reports in the morning. Recent renewal comes up and he/she says there hasn’t been enough action, market weak etc… long story and I won’t give all the detail. Anyway, important notes for new traders are as follows;

First, if you are following my trades or anyone else’s that is very bad. Not good. Trade a plan. Learn from the room and reports – but learn to develop a plan and trade it.

Second, in the last four to six weeks there has been enough margin in oil related trade (if, like this newer trader of topic here you only trade oil related) that had I traded only oil related I would have increased my account 20 % or more. It’s all relative. I chose not to trade oil related because I trade what will bring me (in my advance assessment) the highest return for the least amount of effort in the shortest amount of time. So I have been trading momo stocks since Epic the Algo gave us clear indication that the oil related trade was at an inflection (which was spot on obviously with the trade of oil the last six weeks). BUT HAD I TRADED oil related, I can guarantee a minimum 20% return. And why can I say that? Because I’m totally transparent so I can – my trades stand on their own so there’s no arguing that. And, I can also say it because I actually care. Yup, that’s novel. We care about newer traders in our room so if you’re doing something stupid I gotta say it. And maybe by saying this others can benefit also.

For those that don’t know our trading room I trade $DXY US Dollar related (like $UUP early in the recent break-out last fall when our algo nailed it), Gold $GLD and related (which I missed at this turn but in past with our algo nailing it I trade and likely will trade again if our algo says another turn soon), Silver $SLV (same as Gold our algo nailed the turn and I do trade it), OIL $USOIL $WTI (and as many know I trade oil related intensely when EPIC our oil algo signals a trend reversal), $SPY and related and $VIX related such as $XIV, $TVIX, $UVXY and more. So I trade all those and the momentum stocks. You will find me in the ones specific to what I believe will return the highest ROI in the shortest amount of time – but that doesn’t mean you can’t trade something I am not. In fact, in the most recent turn that Rosie the Gold Algo called months in advance and SuperNova Silver Algo called many of our members have been banking DAILY on that move – but I haven’t traded it once. I missed the turn – I knew it was there of course because of the algos – but I didn’t execute in it. But the majority of the room has.

Hope that helps more than just one person. I sent out a tweet in honor of this interaction. If you’re a new trader my best suggestion is to really reflect on what this says. And if you ever need a bit of encouragement with it let me know please.

Promo Code Discounts are Ending: The 38.2% inaugural opening discounts end Jan 31, 2017 and we won’t be a promo driven type room – so if you’re thinking of jumping do it now. Also, the promo codes are technically all used up (we were only going to offer discount for first 200) so if you get an error message when typing in your promo code that’s on the website then let us know and a tech will sort it for you.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

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

$MRNS, $SHH, $GALE, $NVLS. Today was all about momentum plays that had no follow through so I couldn’t size in – which has been my challenge the last eight trading days. Learning how to size in to trades is critical to trading success – you’ll notice even though the last eight days the momos have not allowed for significant size legging I didn’t get chopped to crap. So please, please don’t do this at home until you’ve practiced the discipline on paper trading first. Even a pro coach is a good idea – he/she at minimum should review your paper trades before you start in this process. It can be an account killer – or a blessing – it’s got a sharp edge and it’s fine the difference between the killing of your account and the blessed account.

$MRNS PREMARKET, Trading Plan

$MRNS PREMARKET

Momentum / Noteable Stocks Today:

Ticker Last Change Volume Signal
DRYS 5.40 434.65% 13764768 Top Gainers
BOXC 23.42 18.60% 40723 Top Gainers
VRAY 4.97 18.33% 307920 Top Gainers
MRNS 1.37 18.10% 27035209 Top Gainers
SMLR 2.00 16.28% 35201 Top Gainers
ACST 1.45 15.08% 1635711 Top Gainers
GIGM 3.52 13.18% 217716 New High
TCX 47.90 11.01% 331576 New High
CCLP 12.23 9.20% 324104 New High
VOC 4.14 7.53% 191201 New High
UVV 75.45 0.60% 501891 Overbought
WOOF 90.75 0.00% 2399633 Overbought
BIOL 1.68 14.29% 3857715 Unusual Volume
EMSD 24.40 0.62% 80763 Unusual Volume
BMLA 28.07 2.00% 18201 Unusual Volume
MRNS 1.37 18.10% 27035209 Unusual Volume
ADMA 5.46 7.91% 157277 Upgrades
AUBN 31.25 0.35% 4349 Earnings Before
MCC 7.51 0.27% 261367 Insider Buying

Holding:

$DUST, $CBMX, $JUNO, $ROKA, $ESEA, $TRCH

Looking Forward:

In overnight trade it looks like commodities are cooling a bit so I may look at inverse Gold or Miner’s ETN’s ETF’s Tuesday, also market has been calm since inauguration so I would expect a bit of a pop or drop here soon and I’m thinking a pop. So I’m looking forward to the last six days of trading in January.

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

Announcements in Trading Room:

08:28 am Curtis Melonopoly : Gainers: $MDGS 27%, $MRNS 25%, $GLBS 21%, $ETRM 16%, $BIOL 14%, $CYNO 8%, $NAK 8%, $DCIX, $HTBX $UNXL $SBGL $JNUG $BNCN $AU

09:17 am Curtis M : Morning! I will trade morning momos first and then review Swing Trades and standard algo plays OIL, GOLD, Etc after. Upgrades $ESS $COG $CVRR $TSU $CSX $WPZ $WMB $TGH $AVD $FLS $MSI $CMCO $BBT Downgrades $LXP $CLCD $CPT $HSTM $CVE $TVPT $WK $QCOM $VZ $KSU $RF

11:26 am Curtis M : Back at 1140 EST

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:18 am Mathew Waterfall : Not in love with the movement of gold usd/jpy over night. Im watching and waiting before hloading up anymore on the metals and miners. Also dumped my $TVIX small weekend hold as we didn’t get much action there into the open and want it gone
09:18 am caide x : mornin guys
09:18 am Jon R : bank time
09:20 am Steve S : $BIOL +15%
09:27 am Mathew Waterfall : $BIOL looks nice here over pre market high
09:34 am Mathew Waterfall : Sold some $ESEA upo at 2 right off of open. Will restock below 1.8. Have a runner if it decides it wants more
09:34 am Curtis M : Long $MRNS 1.48 5000 out 1.58
09:37 am Gurpreet S : L $BIOL tiny start
09:38 am Curtis M : Long $MRNS 1.58 5000
09:43 am Jon R : Long $BIOL here looks good
09:44 am Curtis M : Long $MRNS 1.71 5000
09:48 am Curtis M : Long $MRNS 176 5000
09:50 am Curtis M : Out 174 15000
09:50 am Curtis M : Sorry 1.754 avg
09:53 am Shafique M : Sold $MRNS 1000 thanks Curt still praying for $BIOL 1000 shares
09:54 am Kari S : Looking at $NUGT here?
09:55 am Gunnar T : Long $CBMX for a swinger!
09:56 am Curtis M : Hey that;s my swing lol good luck!
09:56 am Mathew Waterfall : Im in there as well from last week. It sees spikes sooner or later,just have to have mucho patience with it
09:57 am Lenny K : $MRNS looks great
09:57 am Sandy S : $MRNS visits VWAP IMO
09:58 am Carol B : Love $GOOGL action – in long since last week Wed
10:01 am Curtis M : VWAP on $MRNS
10:01 am Curtis M : $TRGP halt
10:03 am Curtis M : Long $MRNS 1.73 3000
10:05 am Curtis M : Out $MRNS flat
10:08 am Curtis M : $ASM halt
10:08 am Curtis M : $TGRP resumed
10:14 am Greg L : I am long nfec here for a starter
10:15 am Mathew Waterfall : nfec
10:15 am Mathew Waterfall : Sorry looks good low volume if it can get above the weekly highs should run a bit
10:16 am Mathew Waterfall : 1.6 area resistance
10:18 am Curtis M : Rough morning – a lot of pfff vs momo
10:21 am Mathew Waterfall : Yepp. pump and dump off of the open market wide
10:22 am Mathew Waterfall : On the mic
10:24 am Greg L : ya! thanks for $TLT mat! winner for me
10:28 am Curtis M : Thanks Mathew. If anyone needs me to run through any algorithmic modeling charts let me know but it all looks within range from updates to me. No surprises.
10:29 am Curtis M : Had someone giving me a hard ime for no update $SPY today – how do you update that?
10:30 am Mathew Waterfall : Long $TVIX 6.18 for a run here
10:30 am Mathew Waterfall : $SPY update: up down up down up down. Back to the same place we started
10:33 am Mathew Waterfall : Stop at 6.2 on $TVIX. aiming for 6.4 if things really get going
10:34 am Mathew Waterfall : Out some 6.28
10:35 am Mathew Waterfall : I expect this dip in /ES to get bought per usual
10:35 am luis s : I have my eye on $TVIX all day so far haha
10:36 am Mathew Waterfall : In this current chop I like it for small scalps but i have no confidence in it putting it outsized moves as of yet
10:36 am luis s : ya
10:39 am Curtis M : $MRNS 1.685 avg 2000 L
10:52 am Curtis M : out 1.70
10:54 am Kari S : $QCOM for a bounce
10:56 am Curtis M : $DRYS in deep
10:56 am Curtis M : sinking that is
10:59 am Mathew Waterfall : $DRYS is hilarious in a sad way to watch from the sidelines lol
10:59 am Mathew Waterfall : Taking a quick break. Back ina few after scanning
10:59 am Curtis M : k
11:27 am luis s : I;ll hold down the fort lol
11:28 am Curtis M : back in 15 mins
11:34 am Mathew Waterfall : Choppy across the board today. Most of my scans aren’t favorable set ups. No edge, no trade for me
11:47 am Mathew Waterfall : Bearish overall across my indicators. $TVIX still grinding higher here as well with the VIX spike. Would be out at 6.4 to take a fresh look
11:48 am Mathew Waterfall : And just like that. Out here expecting a small buy oppin the overall market
11:49 am Mathew Waterfall : *buy opp. Vix should settle down befor another run if it has one
11:53 am Mathew Waterfall : $NUGT HOD. Thinking of selling another batch here. USD/JPY will probably ramp sooner or later if history is an indicator. Last wek they loved the afternoon ramps
12:33 pm Mathew Waterfall : Here;s my VIX pull though not in a huge rush to get back in. Watching /ES to see how it behaves but the dip is being bought with very mild strength so far
12:41 pm Curtis M : $TVIX VWAP
12:41 pm Mathew Waterfall : Gonna slice through it IMP
12:41 pm Mathew Waterfall : *IMO
12:48 pm Mathew Waterfall : Was just looking at $GALE thanks to AC lol decent set up against the low right below
12:58 pm Curtis M : $GALE Long 2000 avg 1.77 ish for break
01:00 pm Jon R : Long $GDX
01:02 pm Shafique M : Long $URRE
01:17 pm Curtis M : LOng $SSH
01:18 pm Mathew Waterfall : Trimmed some $SLW. Up over a buck a share form entry. Will add on pullbacks
01:20 pm Curtis M : Oil spike
01:29 pm Curtis M : Sold $SSH .20 gain 3000
01:29 pm Mathew Waterfall : $GALE beasting here. Good call there.
01:35 pm Mathew Waterfall : $NQ grinding all day
01:44 pm Mathew Waterfall : Im in $TVIX againt lows for cheap tester
01:48 pm Curtis M : No momo just pops
01:48 pm Curtis M : follow thru bites
01:48 pm Mathew Waterfall : So tought to time that stuff. No consistant names on the scanners and no real market direction. We should be at the beach
01:48 pm Curtis M : lol
01:57 pm Curtis M : poppin $GALE
02:00 pm Mathew Waterfall : $TVIX stop set at 6.2 again. Hate watching these when they’re moving slow so I’ll let it do it’s thing
02:00 pm Mathew Waterfall : Either way small win
02:11 pm Curtis M : stops wacked
02:17 pm Mathew Waterfall : $TVIX went again without me after getting stopped. Need more eyes or more alerts I guess
02:18 pm Curtis M : out $GALE small profit .06
02:18 pm Mathew Waterfall : Market again trending towards downside with dollar also giving it up and retesting the lows
02:19 pm Curtis M : Out $GALE 1.83 zzzz small gain sorry late alert was on phone
02:23 pm Curtis M : Theres buyers theyre just buying at support and scalping quick time on surges
02:24 pm Mathew Waterfall : Yepp. Catching those surges is key lol
02:25 pm Curtis M : I have never seen that word used so much as today its all over twitter surge this surge that wtf
02:26 pm Mathew Waterfall : Almost like media sources are lazy…
02:26 pm wei w : you’re right I searched it! shiiiit
02:27 pm Mathew Waterfall : Financial media Monday Jan23 memo: Please use following format for your headlines. “Prices surge to new_______. Could see further surges coming”
02:28 pm Curtis M : daytraders need surge protection
02:29 pm Curtis M : My guess … the daytraders are gonna run at least one here out of frustration
02:32 pm Mathew Waterfall : Becomes a bit of a guessing game at this point to try to front run something though. We have about an hour left is something is going to make a move for it
02:32 pm Curtis M : ya wack a mole
02:33 pm Mathew Waterfall : $NVLS making a move
02:36 pm Shafique M : $NVLS with strong close is a gap candidate for pre market imo
02:37 pm Kari S : add $NUGT
02:38 pm Mathew Waterfall : Miners lookins strong here.
02:38 pm Curtis M : yup
02:39 pm Curtis M : so did my first marriage
02:39 pm Curtis M : joke
02:39 pm Mathew Waterfall : hahaha
02:39 pm Mathew Waterfall : Miners will also drive you to the poor house and take your sports car just like a first wife so I see the similarities
02:39 pm wei w : in $NUGT too here guys
02:40 pm Curtis M : Wei active today
02:40 pm Mathew Waterfall : $MAGS crushing here as well
02:41 pm Mathew Waterfall : $TLT avoiding the lte day selloff that it saw most of last week. Showing good strength still like that play
02:43 pm Curtis M : LOng $NVLS for break out 2.20 2000 shares really tight – out flat mins later
02:45 pm Curtis M : doesnt look good
02:46 pm Curtis M : Stoch RSI turning down
02:55 pm Curtis M : common theme today
02:57 pm Mathew Waterfall : Rope a dope left and right. Maybe we just need to settle this arguement about how many people were actually at trumps inauguration and things will move again
03:06 pm Curtis M : can I just get one? one little supernova pls
03:06 pm Mathew Waterfall : Here we were all mad when granny yellen would pull her ramps out of thin air to prop the market
03:07 pm Curtis M : lol
03:07 pm Curtis M : not me man i lved it
03:07 pm Mathew Waterfall : She’s now punishing us with sideways chop
03:07 pm Mathew Waterfall : Yea those afternoon ramps were great plays
03:07 pm Curtis M : omg theyre gonna run mags on a stupid little contract
03:08 pm Curtis M : the one I don’t play watch kaboom
03:09 pm Curtis M : Gold and Miners the place to be lately
03:09 pm Curtis M : algo right Curt asleep at wheel
03:09 pm Mathew Waterfall : Yepp only constant action which is why I’ve been glued to them
03:09 pm wei w : I listened to Rosie !!!
03:10 pm Curtis M : haha
03:10 pm Kari S : a lot of us did
03:11 pm Curtis M : hmm
03:12 pm Curtis M : I think I hardly made wages today – ugly lol oh well…. the cards keep coming
03:13 pm Curtis M : US drilling might wack oil
03:14 pm Mathew Waterfall : I’ve been assuming that it’s a self defeeting set up with the higher oil goes the more we will pump here and bring it back down
03:14 pm Mathew Waterfall : You would know better than most but I thought 55-60 would be the lid
03:15 pm Curtis M : They’re gonna wack it imo no win possible unles Trump has an ace card
03:17 pm Mathew Waterfall : Trump should want more US production so when he goes to war with everyone we won’t be dependant
03:17 pm Mathew Waterfall : Until the US takes over oil production in IRAQ or something. I could see him stealing that somehow
03:19 pm Curtis M : he maight partner and steal it all lol
03:19 pm Curtis M : join us or pay the price lol
03:21 pm Curtis M : back in 5
03:21 pm Mathew Waterfall : He’ll do something weird that’s for sure
03:31 pm Curtis M : buy at support sell the pop
03:33 pm Jon R : Sold $HMNY on pop
03:35 pm OILK K : Unloading $MAGS and $NVLS bags dont want to hold overnight holding $NUGT
03:37 pm Jack D : $BLIN looking like a momentum play for tomorrow
03:38 pm Curtis M : u may b right
03:43 pm Shafique M : in more $NUGT for overnight pajama sell off
03:44 pm Curtis M : $GOOGL running the show
03:46 pm Gurpreet S : hey mat
03:48 pm Curtis M : Thanks Mat – I’m done for day – room will stay open till 4
03:48 pm Mathew Waterfall : Same here. Will be around bu no more trades for me
03:49 pm luis s : me too catcha guys
03:50 pm Kari S : Curt your Amazon and Google swings on
03:52 pm OILK K : $CF rocking
03:54 pm John M : have a great night!~
04:00 pm Mathew Waterfall : See yall in the AM.
04:00 pm Jack D : cya Mathew

Article Topics: $MRNS, $SSH, $GALE, $NVLS, $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


My Stock Trading Plan for Monday Jan 23, 2017 in Trading Chat room. $MDGS, $MRNS, $GLBS, $ETRM, $BIOL – 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!

Notices:

Per previous;

Goal: Double account in two week challenge – today is last day.

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

All very small positions – $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

First day of Trump enomics – we’ll see. This could be start of turn in many areas. Looks like some bio runner momos and Gold, Silver and other metals active. $SPY rangebound. $DXY could be at interim support.

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo: $MDGS, $MRNS, $GLBS, $ETRM, $BIOL

$MRNS Breaking news: Marinus Announces Positive Preliminary Data From Children With CDKL5 Genetic Disorder http://ir.marinuspharma.com/releasedetail.cfm?ReleaseID=1008690

$MRNS PREMARKET, Trading Plan

$MRNS PREMARKET

$MDGS PREMARKET

$MDGS PREMARKET

$ETRM PREMARKET

$ETRM PREMARKET

20 Stocks Moving In Monday’s PreMarket https://benzinga.com/z/8932417 $BOX $CBMX $CF $MRNS $NQ $GLBS $CYNO $INFI $IDSA $NAK $SBGL $DVAX $QCOM $RDHL

Premarket: 4 Things to Know Before the Opening Bell.
http://money.cnn.com/2017/01/23/investing/premarket-stocks-trading/index.html …

ADMA Biologics to acquire certain assets from Biotest Pharmaceuticals http://seekingalpha.com/news/3236624-adma-biologics-acquire-certain-assets-biotest-pharmaceuticals?source=feed_f … #premarket $ADMA $BIESF

McDonald’s shares edge lower in premarket after earnings, sales top targets http://on.mktw.net/2j56lI9

#Clovis Oncology reiterated at buy at Stifel.
Price target raised from $52 to $86.
$CLVS +2.71% at 59.87 premarket
#biotech #stocks

TerraForm Global’s stock rallies 1.3% premarket after disclosing Brookfield Asset Management talks http://ift.tt/1MpFMtW

Kate Spade +5% as sale speculation picks up http://seekingalpha.com/news/3236631-kate-spade-plus-5-percent-sale-speculation-picks?source=feed_f … #premarket $KATE $KORS $COH

NCI’s stock plunges 10% premarket after controller terminated for embezzlement, internal investigation http://dlvr.it/NB5x8k MARKETWATCH

Delivery of first F-35 to Turkey expected in 2019 http://seekingalpha.com/news/3236626-delivery-first-fminus-35-turkey-expected-2019?source=feed_f … #premarket $LMT

Forbes Energy files for Chapter 11 bankruptcy http://seekingalpha.com/news/3236625-forbes-energy-files-chapter-11-bankruptcy?source=feed_f … #premarket $FES $FESL

Qualcomm -3.6% premarket; two downgrades hit

Halliburton’s stock falls 0.8% premarket after Q4 results http://ift.tt/1rvBshV

 

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: Gainers: $MDGS 27%, $MRNS 25%, $GLBS 21%, $ETRM 16%, $BIOL 14%, $CYNO 8%, $NAK 8%, $DCIX, $HTBX $UNXL $SBGL $JNUG $BNCN $AU

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

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

(3) Other Watch-List: Novagold $NG, $URRE, $GREK are on my watchlist.

(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: $MDGS, $MRNS, $GLBS, $ETRM, $BIOL, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Friday Jan 20, 2017 in Trading Chat room. $IDXG, $LODE, $NURO, $BLPH, $TNDM, $CYTX – 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!

Notices:

Per previous;

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

$TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

If you haven’t reviewed the oil charting from last evening now would be a good time!

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo: $IDXG, $LODE, $NURO, $BLPH, $TNDM, $CYTX

$IDXG Premarket

$IDXG Premarket

$IDXG Premarket

S&P +0.13%.

10-yr -0.18%.

Euro -0.26% vs. dollar.

Crude +0.98% to $52.63.

Gold -0.11% to $1,200.15.

Lockheed Martin up nearly $3 in #premarket. $LMT #defense #F35

General Dynamics up 1 7/8ths in #premarket $GD #mil #defense #mkts

Northrop Grumman up about 2 1/4 in #premarket $NOC #mkts #Defense

$IDXG Interpace Diagnostics Announces New Partnership with Israeli Specialty Services Provider

$CRTN Cartesian Reports Continued Growth in Network Transformation http://finance.yahoo.com/news/cartesian-reports-continued-growth-network-130100696.html …

Visa stock upgraded to outperform at Wedbush as mobile payments becomes a catalyst http://on.mktw.net/2jGA7ag

Las Vegas Sands settles with DOJ on FCPA violations http://seekingalpha.com/news/3236364-las-vegas-sands-settles-doj-fcpa-violations?source=twitter_sa_factset … #premarket $LVS

$FSNN Fusion to Present at the Noble Capital Markets Thirteenth Annual Investor Conference

Alphabet, Facebook rated new Overweight at Pacific Crest Securities, Twitter Se… http://seekingalpha.com/news/3236365-alphabet-facebook-rated-new-overweight-pacific-crest-securities-twitter-sector-weight?source=feed_f … #premarket $FB $TWTR $GOOG $GOOGL

MKM Partners sees 27% upside fo Priceline http://seekingalpha.com/news/3236352-mkm-partners-sees-27-percent-upside-fo-priceline?source=feed_f … #premarket $PCLN

$GE missed on sales. Stock down 1% #premarket. Nothing from CEO Immelt about Trump in the earnings release.

NGL Energy Partners +4% on upward distribution guidance http://seekingalpha.com/news/3236350-ngl-energy-partners-plus-4-percent-upward-distribution-guidance?source=twitter_sa_factset … #premarket $NGL

#Premarket Losers: $STML $AXAS $BMY $HMY $KGC $DWT $JNUG $MTL $AXP $AZN $GFI $IBM $RIO $NUGT $CSX $GE $CCL

Chesapeake issues 18.8M shares to buy preferred shares http://seekingalpha.com/news/3236336-chesapeake-issues-18_8m-shares-buy-preferred-shares?source=twitter_sa_factset … #premarket $CHK

Schlumberger posts a loss as slump weighs on oil services. Report: http://www.worldoil.com/news/2017/1/20/schlumberger-posts-a-loss-as-slump-weighs-on-oil-services …

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:

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

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

(3) Other Watch-List: Novagold $NG, $URRE, $GREK are on my watchlist.

(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:  $IDXG, $LODE, $NURO, $BLPH, $TNDM, $CYTX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Welcome to the fourth day’s review of our two-week trading challenge, where our lead trader’s aim is to double his large account. Our lead trader’s record for January 12 was 4 wins, 2 losses, and 2 holds.

Today’s focus shifted back to biopharma stocks, although markets have continued to be relatively flat as the week has progressed.The potential for intraday scalps was not as promising as Monday. No recap video was recorded for this day.

The first play of the morning was exiting long positions from the previous day in $URRE. This began at 9:34 AM, with half of the 9000 shares being scaled out for 3.82. Finally, all remaining shares were scaled out at 9:45 AM for 3.90.

There was one morning momentum play at 9:40 AM in $APOP, which leveraged a pop in a one minute time-frame. Our lead trader was long at 9:40 AM for 1000 shares at 5.54, and exited at 9:41 AM for 5.86. This was the second win of the day.

There was a small loss at 10:15 AM, going long in $TBIO for 5000 shares at 0.78. Exit was at 10:18 AM, for 0.73.

The next two wins were intraday scalps in $BVXV after 11:00 AM. The first trade was a long position entered at 11:15 AM, for 2000 shares at 5.02. These shares were sold off at 11:21 AM for 5.80. The second scalp was entered at 11:33 AM, going long for 6000 shares at 6.48. This position was exited at 11:38 AM, with all shares sold for 7.17.

The final loss of the day was in $TBIO near end-of-day. The lead trader entered a long position at 3:06 PM, 5000 shares at 1.217, and exited at 3:30 PM at 1.182 (all shares).


Welcome to the third day’s review of our two-week trading challenge, where our lead trader’s aim is to double his large account. Our lead trader’s record for January 11 was 2 wins, 2 losses, and 2 holds.

The first loss of the day was during a morning momentum play. Entry was a bit too late, going long at 3.16, 1000 shares on $BIOC (9:36 AM). Exit was four minutes later, at 2.95 for 1000 shares.

The first win of the day came from $URRE in the morning, going long for 1000 shares at 3.13 (9:56 AM), and adding another block at 10:19 AM at 3.05, 1000 more shares. This position was held for 22 minutes, and all 2000 shares were sold for 3.33 at 10:41 AM.

There was another set of block adds, the first at 10:57 AM for 3000 shares at 3.86, and then another 6000 for 3.38 at 12:10 PM. This set of 9000 shares entered an overnight hold position, given by the light blue arrow in the image below.

The second loss of the day was a volatility play in $TVIX. The lead trader entered in after lunch for 1000 shares at 7.07 (1:17 PM) and was out at 2:12 PM at 6.89.

The second win of today was a hold for 7000 shares in $FFH, where blocks of 1000 shares each were scaled in between 2:52 PM and 2:54 PM, with a final add for 5000 shares at 2:54 PM. By 3:10 PM, our lead trader scaled out the entire set of 7000 shares for 4.10.

There last overnight hold for today came right before end-of-day, with 1000 shares scaled in between 3:38 PM and 3:54 PM on $TCCO.

General market sentiment for January 11 was not as promising as the previous day, where many of our lead trader’s profits came from a series of intraday scalps. As such, no video recap was captured.