Curt Melonopoly, Author at Compound Trading

Jan 2017

Member Oil Trade Update Thursday Jan 12 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Thursday Jan 12, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

Member Oil Trade Update Thursday Jan 12 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Crude Oil Trading Algorithm (EPIC) $CL_F, $UCO, $USO, $UWT, Al, Algorithm, Chart, Crude Oil FX: $USOIL $WTI, DWT, EPIC the Oil Algo, Fibonacci, Indicators, Trading Room Curt Melonopoly

Thursday Jan 12, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo.

NOTICES:

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option 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.

MUST READ: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

MULTI-USERS: Institutional / commercial platform now available.

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

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent the roll-over existing members will be grandfathered at locked-in current rates.

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

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

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

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

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Thursday Jan 12, 2017.

https://www.tradingview.com/chart/USOIL/f8rbIkUk-Crude-algo-intra-work-sheet-325-AM-Jan-10-FX-USOIL-WTIC-OIL/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.28 at 3:25 AM ET Jan 12, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

The trading price of oil has fallen out to downside of upward trending channel. This is bearish, however, it seems geo is moderately bullish. Your trading ranges / indicators are marked on chart below. Trade between your margins. Long at supports and short at resistance. Arrows: Yellow – algo targets (although not currently in play – recalculating with recent price action). Aqua blue – red dotted algo trend-lines (same status as algo targets until updates). White – significant support and resistance. Orange – blue diagonal trend-lines. Light blue – quadrants (light dotted white lines).

Crude algo intra work sheet 325 AM Jan 12 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Multi Week Trading Range for Swing Trading:

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

As warned, the price has dropped out of the channel – trade the ranges per above.

Per yesterday;

The trading range is still intact, however, BE VERY CAUTIOUS AS OIL IS TRADING VERY NEAR KEY RESISTANCE, THE OUTSIDE OF THE UPWARD TRENDING CHANNEL AND THE END OF NUMEROUS TIME PRICE CYCLES.

Per Previous;

The trading price is getting really close to having to make a decision now. Either up over significant resistance or sideways or drop out of the upward trending channel. Our bias is up over resistance because a. the trend is your friend and b. until we reach the incoming down-trending diagonal trend-lines (blue) from previous time – cycles, you will see on charting below. However, you need to be ready for both scenarios.

Pay attention to the upward trending channel – you can enter long and sell in between the channel yellow lines as it trends. If price stays below the resistance then you trade the channel under that and if above a major support line same thing (yellow lines).

Price is currently trading above a horizontal support at 51.93 (yellow line) – watch this for support. Resistance is at 54.39. Review charts over the previous week on my blog to see yellow support and resistance lines and channel that I refer to.

Refer to my previous posts re: Green arrows on chart (show on previous posts) are highest probability trade entries for short or long positions – while crude is trading in upward channel (like it is) your probability is always higher going long until channel broken. Trading at outside of channel increases probability of success also.

Diagonal Trend Lines:

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

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

I am going to leave the commentary below in my reports for the short-term to show and be sure (if crude price rises) that traders are aware of the significant resistance over-head, but it also serves as a reminder (lesson) that when price is getting within significant resistance such as below that significant downdrafts in price action are likely as we say in Monday trade.

Per previous;

The diagonal trend-line in this chart is very important. In fact, so much so that our traders will aggressively short at these trend-lines (with tight stops of course) – because this is a trend-line from another time-cycle – a significant trend-line. Keep in mind, that with charting, especially when bringing trend-lines in from many previous time-cycles such as this that it won’t be exactly on the penny – so watch close here.

There is also a symmetrical resistance and support line below it (yellow). If crude trade rises above this trend-line you can expect at least nine times out of ten a new break-out in crude oil trading price.

All recent major up-trends in crude trading (last two years) have used these diagonal trendlines lines as support (or alternatively as resistance sending crude down in a new trading trend lower). Very, very important line to watch.

56.93 is significant resistance with diagonal trend-line. Crude algo intra work sheet 758 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

56.93 is significant resistance with diagonal trend-line. Crude algo intra work sheet 758 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Price Action with 20, 50, 100, 200 MA

It is wise to study how the 20, 50, 100, 200 MA trade on each time-frame before trading oil related instruments. Below are a few examples.

Below is how oil has been trading with 20 MA on the 4 hour chart – fairly predictable buy / sell triggers. It is preferable to sell at the top of the move if you can time it and not wait for the 20 MA to trigger to downside. While crude is trading under 20 MA advantage is to short side and over advantage to long side. Keep in mind while trade remains in upward trending channel like it is now short side probability is lower than it would be otherwise.

Chart below shows what happened when 20 MA was lost in Monday trade. Previous reports have examined other MA’s for buy and sell triggers FYI.

Per previous;

With the trading price of oil up at key resistance the 20 MA has been challenged more and more. Red arrow below shows an example of what can occur when 20 MA lost with crude oil. As of time of writing 20 MA intact.

20 MA vs price. Crude algo intra work sheet 442 PM Jan 8 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

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

Horizontal Trend-Lines (purple):

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

Advanced Charting:

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

You will see a lot of noise on the charts over the next few weeks (algorithmic calculations of various types). Try and ignore for now.

Oil Time / Price Cycles:

Per warning in recent reports;

Between now and Jan 15 there are a series (cluster) of time price cycles terminating – so much that we see a significant move in the price of crude oil either up or down very soon. Any moment.

New time / price cycle calculations are underway and will take a day or two analyzing intraday trade now that price is outside of the upward trending channel.

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

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

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

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

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

Alpha Algo Trading Trend-Lines (Red dotted lines):

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

Current Alpha Algo Targets (Red circles):

THE TARGETS BELOW ARE NOW VOID – as explained above it will take a few days of calculating to reset algorithm with new targets and trading ranges.

Per yesterday warning;

The targets below are VERY LIKELY to change as we are expecting a volatile move in oil within days (before Jan 15, 2017). WE WILL UPDATE MEMBERS WHEN THIS OCCURS.

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

This week alpha algo targets are as follows (with associated hit probability – how many times out of 100 a hit is expected):

Tuesday 4:30 PM EST – 53.07 (53%), 55.75 (24%), 57.01 (3%)

Wednesday 10:30 AM EST – 53.20 (41%), 55.95 (21%), 57.23 (1%)

Friday 1:00 PM EST – 53.62 (15%), 56.52 (9%), 57.81 (0.5%)

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel or whatever – also difficult to explain – WE ARE DOING A VERY DETAILED VIDEO ON THESE INDICATORS SOON THAT WILL SHOW IN MORE DETAIL.

The targets for this week are represented on the chart. Again, refer to the live charting I send you for this also or be in the trading room.

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

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

Oil Intra-Day Algo Trading Quadrants:

Processing now for release soon (you are seeing the beginning of them above in charts now) – I don’t think there are any real tight crude related snipers beyond our lead trader right now anyway – but nonetheless, we are getting these out – they take a lot of data processing to say the least. We’re almost there.

Indicator Methods:

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

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

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

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

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

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

Conclusion:

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

For now, trade the ranges described above and new algorithmic modeling will be out in the next few days.

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” soon, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our blog and website. You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

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

EPIC the Oil Algo

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

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

Jan 2017

Post-Market Wed Jan 11 $MYOS, $FFHL, $TCCO, $URRE – $NUGT $DUST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $JNUG $JDST

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Jan 11, 2017

Post-Market Wed Jan 11 $MYOS, $FFHL, $TCCO, $URRE – $NUGT $DUST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $JNUG $JDST

Post Market Report (Trade Results) $DSLV, $DUST, $FFHL, $JDST, $JNUG, $MYOS, $NUGT, $TCCO, $URRE, $USLV, Compound trading, Day-trading, Results, Stocks, Trading Results, Wall Street Curt Melonopoly

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Jan 11, 2017 – $MYOS, $FFHL, $TCCO, $URRE – $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.

Notices:

Official Launch: Three days down and on to day four! This Monday was our official launch! We’re out of beta phase and all algorithms published. If you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.

Big week coming🔥 Official Launch @CompoundTrading Monday🎉 All algorithms published for launch🚀 2 week double account challenge live🎥 #stocks pic.twitter.com/MGPCTAdDsx

— Curtis Melonopoly (@curtmelonopoly) January 7, 2017

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:

So much happening this week I can’t possibly review every trade. Watch videos as Sartaj releases them for detailed account. I was in $URRE, $TCCO and more.

We’re winning.

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

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Momentum / Noteable Stocks Today:

Ticker	Last	Change	Volume	Signal
MYOS	6.82	424.62%	16118400	Top Gainers
FFHL	3.72	103.28%	665139	Top Gainers
BIOC	2.71	49.72%	62916599	Top Gainers
URRE	3.19	41.78%	25526100	Top Gainers
DSCI	6.95	39.00%	21029441	Top Gainers
ENPH	1.44	27.43%	3776300	Top Gainers
MYOS	6.82	424.62%	16118400	New High
DSCI	6.95	39.00%	21029441	New High
KRNT	16.80	20.43%	1760600	New High
DNN	0.78	13.04%	5179200	New High
WOOF	90.90	0.08%	6896700	Overbought
MYOS	6.82	424.62%	16118400	Overbought
MYOS	6.82	424.62%	16118400	Unusual Volume
DSCI	6.95	39.00%	21029441	Unusual Volume
BIOC	2.71	49.72%	62916599	Unusual Volume
ABE	11.50	0.79%	314200	Unusual Volume
AEG	5.58	2.01%	1691900	Upgrades
ISRG	678.16	2.41%	631900	Earnings Before
MDSY	1.02	-0.97%	156600	Insider Buying

Holding:

$DUST, $CBMX, $JUNO, $URRE, $TCCO

Looking Forward:

Winning. Double account in two weeks.

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 : Gainers: $DSCI 40%25, $BIOC 35%25, $TGTX 10%25, $AKAO 8%25, $ARWR 6%25, $UEC $URRE $GSS $RAD $MRK….. $UGAZ jiggy as with airlines.

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

Sartaj buy / sell alerts below are for Curtis.

09:22 am Curtis M : $KBH reports aft close
09:23 am Mathew Waterfall : $BIOC explosion. Think this will be the daily runner
09:25 am Curtis M : $BIOC +45$DSCI +40$ENPH +18$TGTX +12$SGMO +9$AKAO +8$ETRM -19$NVDQ -18$TRCO -16$IMUC -14$GNVC -9$XGTI -9$ROKA$BRG
09:28 am Mathew Waterfall : $GNVC also watching close
09:34 am darnel p : $BMY long
09:35 am MarketMaven M : $GNVC shorting
09:36 am Sartaj Hundal : $BIOC LONG 1000 SHARES 3.16
09:37 am Mathew Waterfall : Dumpster diving some $USLV here
09:39 am Sartaj Hundal : That charting bot isn’t bad at all
09:40 am Curtis M : Stoppd $BIOC 2.95 loss 1000 shares
09:42 am Curtis M : That $BIOC stop I had sent over mic far before text in case anyone wondering
09:42 am Curtis M : I think its like minus 500 here outside
09:43 am Curtis M : Mathew Im lost – any ideas? Mic or on text fine lol
09:44 am Curtis M : $URRE wow I was in that ha
09:48 am Curtis M : Thanks Mat
09:48 am Curtis M : $BRG halt
09:51 am Mathew Waterfall : $CLF red/green showing some strength
09:53 am Curtis M : $TECK what a champ
09:54 am Mathew Waterfall : Seriously strong
09:54 am Mathew Waterfall : Feels like the big morning moves only last 15′ today instead on the usual 30-45 but I could be proven wrong
09:55 am Curtis M : $BIOC going on to 3x float ha
09:56 am Sartaj Hundal : $URRE LONG 1000 SHARES 3.13
09:59 am Curtis M : Going to hold 1000 shares $URRE through wash-out veyr likely because small order then rehit it
10:00 am Curtis M : Gold downdraft
10:00 am Mathew Waterfall : Yepp gold is getting smoked right now
10:01 am Mathew Waterfall : Ramping usd/jpy like it’s going out of style
10:02 am Curtis M : Funny Gold touched exactly Rosie resistance and backed off – good algo
10:08 am Mathew Waterfall : Trimming some $MIRN here at 2.15 from 2. the other day
10:08 am Mathew Waterfall : Will keep a portion as a runner with a trialing stop
10:12 am Mathew Waterfall : $OLN trim/trail here. Watching $ON with stop raised as well
10:19 am Sartaj Hundal : $URRE LONG 1000 SHARES 3.05
10:20 am Mathew Waterfall : $CLF jan20 10c’s out half at .26 from .13. Keeping half for the run with a stop at entry
10:25 am Cara R : Long $ONTX
10:26 am Sartaj Hundal : Bit of mic echo, Curt
10:27 am Sartaj Hundal : Just a bit better
10:27 am Sartaj Hundal : Try option B
10:27 am Sartaj Hundal : Yes
10:32 am Mathew Waterfall : Oil didn’t seem to like the pre numbers there lol downdraft right before the report
10:32 am Sartaj Hundal : Looks like a lot of people are exiting their positions in anticipation of the Trump speech
10:41 am Sartaj Hundal : $URRE OUT 1000 SHARES 3.33
10:41 am Sartaj Hundal : CORRECTION 2000
10:43 am Rob D : too bad no oil trades today nice crude pop
10:45 am Mathew Waterfall : Gonna run some scans and get ready for this speach. Back in a few
10:45 am Curtis M : Im not trading that cluster f
10:57 am Sartaj Hundal : $URRE LONG 3000 SHARES 3.86
10:59 am Dan Clarke : $urre long 6000 shares 3.84
11:01 am Curtis M : Thanks Dan appreciate the help
11:10 am Curtis M : going for coffee back in 15 min stops set in $URRE but doesn’t matter cause its going to 8.00
11:24 am Mathew Waterfall : $GDX at some important levels here. Waiting for it to firm before I think about adding
11:26 am Mathew Waterfall : And just like that lol
11:28 am Mathew Waterfall : $CLF fire
11:30 am Mathew Waterfall : $TLT rampage. Let’s go bonds next week 124’s need some juice
11:31 am Mathew Waterfall : Out a portion of $JNUG 8.5 from 8.11 looking for some pull
11:32 am Mathew Waterfall : $CLF stop hit on common 9.77 from 9.0X. Still holding half the 10c’s
11:35 am Mathew Waterfall : $SLV watching for 16 level. Important here
11:53 am Mathew Waterfall : Looking for a pullback in gold and silver here. Not sure if we get it but I expect this pop to keep fading
11:55 am Mathew Waterfall : Right on time. Will look at $JNUG and $USLV around LOD
11:57 am Mathew Waterfall : /ES run waek, I expect another short run or liquidation break
11:57 am Mathew Waterfall : *weak
12:00 pm Mathew Waterfall : Small order $JNUG 7.99 entry. Expect more weakness would be surprised if up from here
12:04 pm Mathew Waterfall : $GDX defending 22.1 as expected. Was hoping for a quick flush to lows
12:09 pm Mathew Waterfall : $USLV 12.86 again starter. Metals showing more strength here than I planned on but still think we are more likely to see a dump than a rocket from here
12:10 pm Curtis M : Long $URRE 6000 3.38
12:35 pm Mathew Waterfall : $CBMX pull. I’ll grab a few shares to join ya there Curt
12:38 pm Tyler H : $OPGN HOD
12:41 pm Mathew Waterfall : $SPX flush, metals bounce. $CLF holding strong and $AKS looking well. I guess we have our roatation for the time being
12:49 pm Curtis M : Assets compressed – pop coming market wide imo – looking at $VIX
12:50 pm Curtis M : PPT has to be on high watch next 9 days
12:50 pm Mathew Waterfall : $SLV HOD
12:51 pm Mathew Waterfall : I agree with compression, I’m not so sure about a pop up here though
12:51 pm Mathew Waterfall : Feels heavy to me
12:51 pm Curtis M : pop or drop ya either way lol
12:51 pm Curtis M : $SLV I missed was going to enter yesterday
12:52 pm Mathew Waterfall : I’ve been playing that through $USLV. Working well
12:52 pm Flash G : in $MYOS small
12:54 pm Mathew Waterfall : Will actually look for $USLV exit here. Still looking for a pull. Would reenter $USLV on $SLV clear and backtest of 16 or retest of LOD. I’m not in love with this range that we’re in
12:54 pm greg l : $TLT holding up excellent
12:55 pm Mathew Waterfall : Yepp Greg I’m a huge bond bull right now.
12:56 pm Michael P : $SNX 52 week highs
12:56 pm Mathew Waterfall : 12.86 to 13.15 on $USLV
12:56 pm Mathew Waterfall : Looking for reentry across the metals and miners trying not to be blinded by my bias here and hold all day
12:57 pm Mathew Waterfall : Out $JNUG as well
12:58 pm Curtis M : %JNUG jig
12:58 pm Curtis M : $JNUG flashed on scanner – wierd action there
12:58 pm Mathew Waterfall : Yea, couldn’t make a new high there though, either could $GDX which makes me think we go south
12:59 pm Curtis M : Heavy Res on seck for Gold
12:59 pm Curtis M : $OPGN tank
12:59 pm Mathew Waterfall : usd/jpy flush as well though. Assume it gets bought up we’ll see
01:01 pm Curtis M : Going to likely scap $TVIX $UVXY between now and Wed next week – we’ll see if thesis holds water
01:02 pm Curtis M : Gold res
01:02 pm Mathew Waterfall : I like that play. Should see plenty of vol in the coming weeks
01:03 pm Curtis M : If anyone in crude it is at apex of quadrant on daily which translates as serious resistance
01:04 pm Curtis M : If $USOIL gest thru apex next res is at 52.80
01:04 pm Mathew Waterfall : Well crap, wring about that metals and miners pullback
01:04 pm Curtis M : Gold thru symmetry res and at top of algo quadrant and fib res just above
01:07 pm Curtis M : If Gold gets thru here that is very bullish on back test or continuation – thesis for lift until next Tues Wed ish may play out
01:07 pm Curtis M : It sure looks angry
01:07 pm Mathew Waterfall : Yea it doesnt and usd/jpy has no parachute
01:08 pm Mathew Waterfall : Karoda will come along shortly I’m sure
01:08 pm Curtis M : Abe knows Trump angry too bahahaha
01:08 pm Curtis M : Kuroda yeah lol
01:08 pm Mathew Waterfall : haha couldn’t remember how to spell his name
01:09 pm Curtis M : Trump gonna have a goon squad – they all lawyered up today haha
01:09 pm Mathew Waterfall : He’s a smart guy, let the lawyer do the talking
01:09 pm Curtis M : oh my here goes Gold
01:09 pm Dan Clarke : Except Tillerson
01:09 pm Mathew Waterfall : WOW. $GDX major r/g move
01:09 pm Curtis M : Thesis in good order
01:10 pm Mathew Waterfall : Tillerson doesn’t care, he got a fat payout from $XOM
01:10 pm Curtis M : My $URRE ugh fark … kick truck
01:11 pm Mathew Waterfall : Just needed a Trump nuke comment to give it a push
01:11 pm Curtis M : lol
01:12 pm Mathew Waterfall : $TLT Jan20 124’s now over a 3 bagger
01:16 pm Curtis M : Yup Im actually holding
01:17 pm Sartaj Hundal : $TVIX LONG 7.07 1000 SHARES
01:17 pm Sartaj Hundal : oKAY
01:20 pm Sartaj Hundal : Sounds good
01:20 pm Sartaj Hundal : Will do
01:23 pm Curtis M : Not picking the right spots today jeez paying dues lol – u never stop paying entry
01:27 pm Curtis M : Wow Gold bounced off the top of that quad
01:28 pm Curtis M : This could get snakyyyy
01:28 pm Mathew Waterfall : Yea that thing is scary strong. And I am now looking for reentry
01:30 pm Mathew Waterfall : $SPY bouncing off of lower band here
01:30 pm Curtis M : wow
01:30 pm Curtis M : I was thinking Silver would be better but it hasnt cleared res
01:31 pm Mathew Waterfall : Nope. Still watching my $SLV levels and just sitting right under the 16 res
01:31 pm Mathew Waterfall : I’m looking for a backtest of 22.52-22.55 on $GDX. Not chasing right now
01:31 pm Curtis M : Silver gets up over 16.90 its gone
01:32 pm Curtis M : I might clear outta VIX play and go Gold or Silver snipes
01:33 pm Curtis M : $SPY sup 225.40
01:35 pm Sartaj Hundal : Be right back
01:36 pm Curtis M : You may not be able to see it on your monitor but there is a white dotted lne that green arrow is pinting too – $SPY is using that for drection / support intra
01:37 pm Curtis M : $SPY has a Fib res coming overhead
01:37 pm Curtis M : Thanks Sartaj enjoy lunch take your time
01:38 pm Curtis M : $SPY res here
01:43 pm Sartaj Hundal : Back for room alerts. Thanks
01:44 pm Curtis M : The trade that turns in to a swing lol fark
01:46 pm Curtis M : Quick lunch – its calm if you got “stuff” go at it u dont ned to be in here ts super slowww
01:47 pm Mathew Waterfall : Yea this is kind of boring. Rule number 1-Don’t trade out of boredom. Easy way to get chopped up and lose money. Preserve capital over everything else
01:47 pm Mathew Waterfall : Sounds simple but somethng many newer traders don’t fully grasp, I know I didn’t
02:01 pm Cara R : truth there
02:01 pm Curtis M : $GDX price target – possible
02:01 pm Curtis M : White arrow
02:02 pm Mathew Waterfall : $GDX trapped between the 9 and the 15 on the 5′. aSqueeze play
02:02 pm Curtis M : yup
02:03 pm Curtis M : Had someone just ask me why I allow some trades to become swings – I always have a plan or I would never do that – a plan going in critical
02:03 pm Curtis M : for example TVIX I will cut there is no plan beyond a trade ever
02:04 pm Curtis M : $URRE $CBMX $JUNO all have a plan
02:05 pm Curtis M : $TVIX there is no hold plan beyond 3 or 4 days max that can make sense – even one day is tight
02:06 pm Mathew Waterfall : Holding a levered Vix product is suicide
02:07 pm Curtis M : $JUNO I know what the plans for the company are – its undervalued. $URRE is a psychology play with a 6.67 PT and over shoot of 8 possible. And $CBMX has a nature. It spikes.
02:07 pm Curtis M : yup
02:07 pm Mathew Waterfall : You need such an outsized move to get profits over any medium-long duration
02:07 pm Jack D : Thank you guys I was wondering too.
02:07 pm Mathew Waterfall : By that I mean a couple days max though I don’t even like holding ON
02:07 pm Curtis M : yup
02:09 pm Curtis M : Fundamental 101 stufff but peeps need to kow – had someone admot to having no plan when coming in to room just following my trades – uh…. nope that happens and banned – one warning – you have to have a plan we can’t be responsible for your losses
02:10 pm Curtis M : If your a new trader and you don’t know how to develop a trade plan you have to know before trading real money – no ifs
02:12 pm Curtis M : out TVIX 6.89
02:12 pm Mathew Waterfall : Nice wedge in $GDX. May make a stab here
02:14 pm Mathew Waterfall : $JNUG small 8.58 against .48 stop
02:15 pm Mathew Waterfall : well that was quick lol no dice
02:20 pm Mathew Waterfall : Here’s my $GDX backtest I was expecting. Do or die
02:23 pm Mathew Waterfall : Like the respnse so far so I’m legging back in to $JNUG slowly
02:25 pm Mathew Waterfall : Nice call out of $MYOS flash. Thing is a ripper
02:25 pm Curtis M : ripper lol love that term
02:28 pm Curtis M : $SPY halt
02:28 pm Curtis M : Flash got skill
02:28 pm Curtis M : Trading view charts lol
02:31 pm Curtis M : Watching $MYOS and $SPU on my other monitor sorry cant get it in here
02:32 pm Curtis M : Unless Mat you can get $MYOS in here – dont worry about it tho if busy
02:37 pm greg l : In some $MDGS
02:39 pm Mathew Waterfall : Sorry don’t have a free screen for that
02:39 pm Mathew Waterfall : I’m down to two this week with computer issues
02:44 pm Curtis M : hey no prob lol
02:44 pm Curtis M : wow market rockin in some areas now scanners flashing everywhere
02:46 pm Mathew Waterfall : Yea I’m surprised after the lul we had this morning.
02:49 pm darnel p : $FFHL long here
02:52 pm Curtis M : Long $FFHL
02:53 pm Curtis M : Scaling in hard
02:54 pm Curtis M : Blocks of 1000 255 258 and 5000 average 259
02:54 pm Curtis M : Sartaj Ill confirm fills later
02:58 pm Curtis M : So Sartaj Im holding 7000 $FFHL and Ill have to wait until TD report after midnight for fills or call them in a bit
03:01 pm Curtis M : $MYOS could really gap in morning folks
03:02 pm Curtis M : Sorry $FFHL I mean
03:10 pm Curtis M : FFHL scaling out 7000
03:10 pm Curtis M : Looks like average 3.98 Sartaj will confirm
03:11 pm Curtis M : Free version $FFHL on tradingview works lol
03:12 pm Curtis M : But not pro
03:12 pm Curtis M : Gong to have to reset systems toight with alternate for broadcasting
03:13 pm Curtis M : Free chart delayed tho
03:14 pm Mathew Waterfall : Guess they don’t want you to spend any money with them
03:16 pm Curtis M : Strangest thing – oh well I’ll set alternate monitors to another back up service tonight for tomorrow
03:17 pm Curtis M : TD fills on these low floats wow complicated and not clear at all and the cue seems fd
03:18 pm Mathew Waterfall : I was seeing a crazy spread on $FFHL so I didn’t pull the trigger
03:22 pm Mathew Waterfall : I’m likely done for the day here. Watching the close in metals and miners as usual. No late momo plays as I don’t feel like donating any money this late in the day
03:24 pm Sartaj Hundal : https://www.tradingview.com/chart/MYOS/e19qbtDa-myos-one-day-one-minute/
03:24 pm Sartaj Hundal : https://www.tradingview.com/chart/FFHL/AJ5gT2Xc-FFHL-One-Day-One-Minute/
03:35 pm Sartaj Hundal : https://www.tradingview.com/chart/TCCO/2ywwOkRr-tcco-one-minute/
03:38 pm Curtis M : Long $TCCO
03:39 pm Curtis M : 3.14 small scaliing in 500
03:39 pm Curtis M : having fill issues again
03:41 pm Curtis M : L2 on $TCCO is my catalyst for HOD EOD buy – so just small
03:42 pm Curtis M : $URRE holding tilil next Wed if I have too
03:44 pm Curtis M : $$GEVO Form SC 13C
03:50 pm Curtis M : $TCCO adding small again here 500
03:54 pm Curtis M : 2.80 sorry sartaj
03:55 pm Mathew Waterfall : Would like a close over .53 here in $GDX. Would be very bullish IMO
03:55 pm Mathew Waterfall : North of .4 is fine though
03:56 pm Curtis M : I just discovered this fancy internet I have that’s lke 4 x cost may be chart prob
03:57 pm Curtis M : $GDX is not broken – nowhere near – bull imo
03:58 pm Mathew Waterfall : Yepp agreed.
04:00 pm greg l : peace kiddos
04:00 pm Mathew Waterfall : Not bad. Hope everyone killed it today. Back at it in the AM for more
04:00 pm Curtis M : Thanks for the help Mat Sartaj and others!
04:00 pm Curtis M : yup
04:00 pm Curtis M : night

Article Topics: $MYOS, $FFHL, $TCCO, $URRE – $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

Jan 2017

PreMarket Trading Plan Newsletter Tues Jan 10 $GNVC, $DFFN, $XGTI, $ROKA, $ETRM – $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ

My Stock Trading Plan for Tuesday Jan 10, 2017 in Trading Chat room. $GNVC, $DFFN, $XGTI, $ROKA, $ETRM

My Stock Trading Plan for Tuesday Jan 10, 2017 in Trading Chat room. $GNVC, $DFFN, $XGTI, $ROKA, $ETRM – 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!

A super quick premarket newsletter..

Notices:

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

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

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Per previous;

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:

Per previous;

$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:

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.

Per previous;

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.

Per previous;

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: $GNVC, $DFFN, $XGTI, $ROKA, $ETRM

Pluristem gains premarket as FDA OKs trial for critical limb ischemia therapy.

Ascena Retail’s stock plunges 19% premarket after earnings outlook slashed.

DexCom sees 2016 top line up 42% to $570M.

If you are new to our trading service you should review recent blog posts 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: $GNVC 41%, $DFFN 21%, $XGTI 21%, $ROKA 18%, $ETRM 15%, $NSPR $ILMN $MSTX $VRX $UGAZ $CUDA $VICL $ARRY $VALE $RIO

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:

(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: $GNVC, $DFFN, $XGTI, $ROKA, $ETRM, $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

Jan 2017

Post-Market Mon Jan 9 $ETRM $JNUG $URRE

Post Market Report (Trade Results) $ETRM, $JNUG, $URRE, Results, Stock Trading Curt Melonopoly

Intro:

Overview

Morning Momentum

First win of the day: morning momentum play on $ETRM

Intraday Scalping

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:18 am Mathew Waterfall : Back at it and ready to rock. in some $NUGT premarket and looking to close a protion of my $TLT Jan20 124 calls. Entered those at .13. Will look for exit on half this morning
09:19 am Mathew Waterfall : $NUGT is small size at 9.91 to see what direction we get off the open. Will add depending on price action
09:27 am Sartaj Hundal : $USOIL within range of outside channel
09:28 am Curtis M : $ETRM
09:31 am Sartaj Hundal : LONG $ETRM 11.90 1000 SHARES
09:32 am Mathew Waterfall : Out half $TLT Jan20 124’s at .45 from .13
09:32 am Sartaj Hundal : OUT $ETRM 12.10 1000 SHARES
09:33 am Mathew Waterfall : Think this goes higher but easy winner there and riding rest for free
09:36 am Sartaj Hundal : $USOIL in outside channel
09:37 am Mathew Waterfall : out $NUGT. Small loss. Will revisit. Price action was horrible off the open
09:41 am Mathew Waterfall : $BCEI another gapper. looking for a pull to enter
09:44 am MarketMaven M : $BIOC ready
09:48 am Mathew Waterfall : $MIRN for a swing. Trailing stop to ride 15 day on the way up. This will be a grinder
09:48 am John M : $CVM expanding volume
09:55 am Mathew Waterfall : $CTXS short cover. Cover at 90.17 from 91.25. Wanted to get it off the screen, not a great win but still a win
10:00 am Sartaj Hundal : There is a stat holiday in Japan right now
10:06 am Curtis M : 3000 shares $JNUG 7.967 avg long
10:11 am Cara R : In some $CLF
10:13 am Flash G : $CYBE 52 week highs
10:18 am Flash G : $BIOS poppin
10:19 am OILK K : $NG and $CL moving in unison
10:21 am Mathew Waterfall : Back in $NUGT 9.39
10:23 am Curtis M : Out $JNUG 3000 avg 7.99
10:24 am Mathew Waterfall : I’m stopped out at LOD. Not super confident here in the miners
10:27 am david z : $ARIA 500k block
10:28 am Michael P : $NLNK jiggy
10:30 am david z : $NFLX HOD
10:32 am Mathew Waterfall : Not really in love with much right here. Might be mid morning lul or might be some rotation
10:37 am Mathew Waterfall : And just like that $NUGT is back on the upswing
10:44 am david z : 16.50 res $ETRM
11:22 am OILK K : $EXEL HOD
11:23 am Mathew Waterfall : Not much jumping out at me here. Looks like a lot of names pulling back a bit. $USLV getting some lift so I’ll trim a bit from adds last week
11:52 am Curtis M : Long $ETRM 1000 shares
11:52 am Curtis M : 17.00
11:54 am Curtis M : Long $ETRM 3000 17.12
12:03 pm Curtis M : Out 3000 18.04 1000 18.08
12:25 pm Curtis M : $EGLT Halt news pending
12:25 pm Mathew Waterfall : hearing drug approval
12:27 pm Mathew Waterfall : Weird that the news was already out and now the halt
12:34 pm greg l : $CF
12:36 pm Mathew Waterfall : Trying to find an unhlat time for $EGLT. no luck
12:37 pm Flash G : $ROKA jiggy!
12:38 pm Curtis M : Benzinga released news b4 they were supposed to is the story I’m getting – or somehing lke that
12:38 pm Mathew Waterfall : That makes sense. No wonder news came out then it was halted
12:41 pm Curtis M : Oils in trouble – they’ll need an intervention or its down
12:41 pm Mathew Waterfall : Should see unhalf at 12:54 in $EGLT assuming the standard 30′ applies. Thought it might be quicker with the early news issues
12:56 pm Sartaj Hundal : $ETRM LONG 17.69 3000 SHARES
01:10 pm Flash G : $BCEI looking better today.
01:17 pm Sartaj Hundal : (01:16 pm) Sartaj Hundal: $ETRM LONG 17.83 1000 SHARES
01:18 pm Sartaj Hundal : LONG $ETRM 17.93 3000 SHARES
01:21 pm Mathew Waterfall : No clue what’s going on with $EGLT. hasn’t reached t2 status and we went right on by th 30′ mark for the half. Keeping an eye on it
01:38 pm Mathew Waterfall : Looking for $JNUG entry here
01:38 pm Mathew Waterfall : Watching to see if it makes a higher low and I will lag in
01:39 pm Mathew Waterfall : Juniors look to be the play here. Starting small
01:46 pm Sartaj Hundal : $ETRM 4000 SHARES 17.64
01:46 pm Sartaj Hundal : SOLD
01:46 pm Mathew Waterfall : In some $JNUG here at 8.66. Feels like chasing so small size. Playing for gap up into tomorrow on continued dollar weakness
01:52 pm greg l : Block trades $ARIA
01:56 pm Flash G : Mu $AAPL long hold is doing well – looks great for 2017 imo
02:00 pm Curtis M : $BIOC in to the gap w unusual vol
02:02 pm Sartaj Hundal : $USOIL Crossing 52.25
02:05 pm Sartaj Hundal : $URRE LONG 1.81 3000 SHARES
02:14 pm Sartaj Hundal : $URRE OUT 1.81 3000 SHARES
02:14 pm Sartaj Hundal : $ETRM LONG 18.09 3000 SHARES
02:17 pm Sartaj Hundal : $ETRM OUT 18.72 3000 SHARES
02:17 pm Sartaj Hundal : CORRECTION: 18.69
02:18 pm Mathew Waterfall : Bull miners flow wiht some $AUY calls being hit
02:18 pm Sartaj Hundal : $etrm long 18.84 3000 shares
02:19 pm Sartaj Hundal : Correction: 18.70. Live alert was 18.84. Note to self: consider fills
02:20 pm Sartaj Hundal : $ETRM LONG 19.02 6000 SHARES
02:23 pm Sartaj Hundal : $ETRM out 19.13 9000 SHARes
02:40 pm Sartaj Hundal : $ETRM LONG 17.63 3000 SHARES
02:48 pm Sartaj Hundal : $ETRM OUT 17.91 3000 SHARES
03:02 pm Mathew Waterfall : $JNUG add at 8.54 on that smack down. Still not even half size here
03:04 pm Curtis M : $EGLT resumes 3:20 PM
03:06 pm Curtis M : $DFFN $NSPR $WPCS money bags from $ETRM they say
03:08 pm darnel p : $NVAX breaking out guys
03:11 pm Sartaj Hundal : 20-30 minute run near EOD, maybe
03:11 pm Sartaj Hundal : $ETRM LONG 17.71 AVG 1000 SHARES
03:21 pm Sartaj Hundal : $ETRM OUT 17.75 1000 SHARES
03:31 pm John M : $ARIA blocks continue
03:32 pm Mathew Waterfall : Horrible close for the miners here. $GDX over .20 and I’m still bullish
03:44 pm Mathew Waterfall : usd/jpy getting smashed right here. I like that
03:45 pm Sartaj Hundal : Stat holiday in Japan

Crazy day today🔥 Nine trades later. $ETRM $JNUG $URRE Recap video. Two week 2x acct. #wallstreet #stocks #daytrading https://t.co/jkvSHwjyXj

— Curtis Melonopoly (@curtmelonopoly) January 10, 2017

Jan 2017

My Stock Trading Plan for Monday Jan 9, 2017 in Trading Chat room. $MSTX $MACK $ARWR $BIOC $EXAS 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!

A super quick premarket newsletter below! You all have charting for regular trades I follow (sent overnight on email and/or on Compound Trading Twitter feed) so I won’t include below for Oil, Gold, Silver, VIX, SPY, etc.

Notices:

Big week coming. Official Launch @CompoundTrading Monday. All algorithms published for launch. Two week double account challenge live.

Big week coming🔥 Official Launch @CompoundTrading Monday🎉 All algorithms published for launch🚀 2 week double account challenge live🎥 #stocks pic.twitter.com/MGPCTAdDsx

— Curtis Melonopoly (@curtmelonopoly) January 7, 2017

Monday is free room access first Monday each month. Join us for official launch?. https://compoundtrading.com #stockmarket #stocks #wallstreet

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

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

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Per previous;

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:

Per previous;

$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:

Per previous;

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.

Per previous;

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 Stocks: $MSTX $MACK $ARWR $BIOC $EXAS

$DNAI changes its corporate name to Sierra Oncology.
New ticker $SRRA

ER’s
$JPM $BAC $WFC $BLK $KBH $DAL
—
#JPM17
$CELG $AMGN $VRX $JUNO
$BLUE $KITE $ONCE $CLVS
$GILD $REGN $SGEN $BIIB
$BMRN $JAZZ $RDUS $HALO

ARIA aquired by Takeda for $24/sh. 5.2 billion deal

Mars to Acquire VCA Inc $WOOF for $9.1B

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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:$MSTX 82%, $MACK 38%, $ARWR 14%, $BIOC 13% $EXAS 9% $CRNT $ABIL $ASM $JNUG $DRYS $NUGT $ZFGN $PTLA $NAK $DWT $DGAZ

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:

(5) Upgrades: $UNP $OAS $MPEL $AMP $NE $TRUE $VER $FMSA $NUE $ZEUS $DRQ $RS $RYI $ROK $DO $SJR $BRKS $WRE $SRCL $AMTD $RJF $CMI $KMI $KRG $LHO $TXN $CLX $IT $VALE $BCS $ST $JD $BIDU $VVC $DPS $KO $VIAB $NI $EHTH $NMBL $ETN $ITT $ROKA as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $AXS $DTE $AHL $NLS $JBHT $BCE $WFT $MAIN $MRCC $FDUS $ACAT $EGRX $CXP $GPT $WHLR $RTEC $MANH $OFC $EGP $O $CDR $DEA $REG $IFF $SLG $SPG $RPAI $RPT $GGP $DLR $BXP $LMCA $ERIC $VMW $ETP $RCI $PM $SAM $PG $BCE $AIZ $VOYA $JNPR $PAAS $EXKA 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.

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: $MSTX, $MACK, $ARWR, $BIOC, $EXAS, $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, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $DWT, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

Jan 2017

Post-Market Fri Jan 6 $ETRM, $SSY, $PTX, $ZFGN, $ARWR – $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Jan 6, 2017

Post-Market Fri Jan 6 $ETRM, $SSY, $PTX, $ZFGN, $ARWR – $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST

Post Market Report (Trade Results) $ETRM, $PTX, $SSY, $ZFGN, Chat Room, Compound trading, Day-trading, Results, Stocks, Trading Results Curt Melonopoly

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Jan 6, 2017 – $ETRM – $JUNO, $CBMX – $SSY, $PTX, $ZFGN, $ARWR, $PCRX, $ATOS, $QTNT – $JNUG, $NUGT, $DUST, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F…

Intro:

Notices:

Official Launch: This Monday is our official launch! We’re out of beta phase and all algorithms published for Monday morning! And, if you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.

Big week coming🔥 Official Launch @CompoundTrading Monday🎉 All algorithms published for launch🚀 2 week double account challenge live🎥 #stocks pic.twitter.com/MGPCTAdDsx

— Curtis Melonopoly (@curtmelonopoly) January 7, 2017

Free Access Monday: Don’t miss out on this! First Monday of the month (this Monday) is free access to our trading room!

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 o 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:

So I did manage two trades in $ETRM Friday. I didn’t alert them (not even in room on text) but I did on voice. Mathew is away for his wedding this week and Sartaj wasn’t in room assisting with moderating so it can be tough to alert momo plays. They’re both in room with me next week.

Anyway, so my two trades were; $ETRM in 7.54 and out at 7.69 1000 shares and $ETRM long 6.48 and add at 7.276 1000 shares each with an exit at 8.42 of 2000 share. So they were decent scalps. Not the best but a decent day nonetheless.

$ETRM stock chart – daytrading action Friday Jan 6, 2017

I was ready with the ranges to scalp $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST – yes had them all ready because we have algos for them and I didn’t trade them. The biggest one I missed was junior miner’s – it’s range was 20% intraday I think – sad… but I won’t be missing those going forward – Sartaj will be in room starting Monday calling algo ranges so that if I’m preoccupied (like I was Friday) with a momo trade the others won’t slip me by.

Once again the members are killing it in the room – has been a killing field since 2017 started.

Per yesterday;

Also, the trading margins for the areas our algorithms are based have widened recently so I’m looking for an excellent two to three weeks around the inauguration. So my focus will be trying to double my accounts over the next two to three weeks. I published the challenge to my Twitter feed. After the inauguration we will consolidate all the trades in to one highlight video and publish it to our You Tube channel. Hopefully I hit the target.

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

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Momentum Stocks Today:

Symbol Company Name Price Change % Change Volume 1-Day
ETRM EnteroMedics Inc. 9.19 +5.22 +131.49% 35,168,488 ETRM
SSY SunLink Health Systems, Inc. 1.4615 +0.3415 +30.49% 585,777 SSY
PTX Pernix Therapeutics Holdings, Inc. 2.9332 +0.6532 +28.65% 1,904,106 PTX
ZFGN Zafgen, Inc. 4.18 +0.83 +24.78% 6,680,758 ZFGN
ARWR Arrowhead Pharmaceuticals, Inc. 1.96 +0.36 +22.50% 4,057,195 ARWR
PCRX Pacira Pharmaceuticals, Inc. 40.05 +5.90 +17.28% 5,222,910 PCRX
ATOS Atossa Genetics Inc. 1.63 +0.23 +16.43% 656,319 ATOS
QTNT Quotient Limited 6.27 +0.88 +16.33% 565,081 QTNT

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

For all 2017 algorithm posts look to the Compound Trading Twitter feed for links before Monday morning!

Per yesterday (and days prior):

I need to exit $DUST and entered it and held because I was convinced USD/JPY would (at minimum) do a major spike up to end the rally – but not so lucky (yet). $CBMX and $JUNO are holds in to spring if necessary – that was the worst case plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

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:

Good Morning! First I will look at trading momo stocks then switch over to the Oil, Gold, Silver etc. $OGXI $VGZ $GPS $MDCO – $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

08:25 am Curtis M : Gainers: $OGXI 50%, $ETRM 30%, $STML 16%, $VGZ 10%, $GPS 8%, $MDCO $DGAZ $IONS $ITEK $NBIX $GSAT $FCAU $CTIC $AMGN $DUST
09:21 am Curtis M : Gainers: $ETRM 65%, $OGXI 48%, $ESES 25%, $STML 19%, $GSAT 10%, $FHCO $GPS $MDCO $IONS $URRE $JDST $DUST $NBIX $FCAU $AMGN
09:24 am Sammy T : Looking at retailers here that washed out
09:24 am Sammy T : $ETRM top pick here at open guys should run
09:39 am Jack D : Out $ETRM for small loss
09:39 am John M : Holding $ETRM yet 4000
09:40 am Cara R : My $DOV pre entry doing well now
09:40 am OILK K : $TSLA long rockin it guys
09:41 am Sandy S : $MNTA HOD out o swing
09:44 am OILQ K : $GEVO 29%
09:44 am OILQ K : 39%
09:45 am darnel p : $CMG out big wini on that swing
09:49 am Flash G : Hols sh@t man balls lolol ys small order i get it but haha
09:53 am Bonnie K : $PTLA on the ,ove
09:54 am Tyler H : $IAC 52 week high
09:54 am Flash G : $DNAI lotsa vol
09:57 am Sandy S : $ZFGN volume
10:00 am Carol B : My $DIS on move higher
10:02 am Carol B : $GEVO pressure dropped
10:02 am Carol B : $SRLP 52 week highs
10:02 am John M : $OREX all out
10:03 am Sammy T : $ZFGN nice
10:04 am Jack D : Long $UDOW large
10:06 am Carol B : $XGTI moving in long
10:09 am OILK K : $AMDA long half size 5000 shares
10:10 am Sandy S : $ETSY takeover rumors
10:12 am Curtis M : L 6.48 and 7.276 1 k ea looking for a door lol
10:12 am Curtis M : $ETRM that is. And first round was 7.54 1k out 7.69
10:13 am Curtis M : Should read 7.76 not 7.276
10:13 am Sandy S : Curt breaking his rules hehehe
10:15 am Sandy S : In $XGTI long here
10:16 am darnel p : $MDLZ heating up
10:17 am darnel p : $SKLN long
10:23 am Greg L : Long $DNAI 5230 shares
10:24 am MarketMaven M : #OREX hit 200 DMA opped w vol
10:29 am Curtis M : Looks like a power spike Ill resign in
10:31 am OILK K : Good day scalping $OREX
10:34 am Curtis M : Set my stop at 6.06 and I’ll review Gold Oil etc in 5 mns
10:45 am Carol B : $REGN add to long another 1/3 for full
10:52 am Tyler H : $EBIO adding on pull backs
10:53 am Bonnie K : $NFLX all time highs whoot whoot
10:58 am OILQ K : In $ZSAN small starter
11:00 am Curtis M : Cost avg 7.08 2000 shares $ETRM stop at 6.40
11:11 am Carol B : $OPXA add
11:31 am Sammy T : In $XIV here huys looks great
11:31 am Sammy T : $SPY should run and $VIX crush
11:32 am Curtis M : resistance on oil coming
11:33 am Curtis M : $WINS halt vol
11:35 am Carol B : In $ETRM ha
11:41 am OILK K : Curt horshoe man wow
11:41 am OILK K : jokes been watching u long enough to not count out a trade your in
11:47 am Sandy S : $CART 52 week high boyz
11:51 am Bonnie K : Adding to my $CALA swing
11:52 am Curtis M : $USDJPY test right here
11:59 am OILQ K : Adding to $GENC swing – good play guys big one coming
12:05 pm darnel p : $ETRM has me in awe actually
12:05 pm Curtis M : interesting play darnel
12:06 pm Curtis M : its really aggresive
12:11 pm Curtis M : Sell order stuck in que
12:14 pm Curtis M : Out 8.42 after 2 or 3 attempts wow TD holy
12:15 pm darnel p : I’m out too SUPER WIN Curt Thanks man!!!
12:15 pm Bonnie K : Me too out ha trust
12:15 pm Curtis M : You guys r nuts too haha
12:16 pm OILK K : Uh nope… I am – i still hold 5-%
12:16 pm OILK K : 50%
12:17 pm Curtis M : wow good for you its running
12:25 pm Curtis M : Getting ready for inverse Gold and miners if USDJPY gets thru here
12:35 pm Curtis M : So I have to use alternate charting until trading view gets their shit together
12:35 pm Curtis M : Off screen
12:36 pm Sandy S : Thats ok Curt we have computers and… banking on $JDST all day hahahaha
12:37 pm Sandy S : Didn’t you pay attention to Rosie the Algos report? Jokes pick on Curt day – I know you dont multi task trades – I have 18 in my cue
12:38 pm Curtis M : funny ur right tho
12:40 pm Curtis M : USDJPY may rest
12:46 pm Curtis M : Wating for decision in USDJPY and then scalp wichever direction it goes in GOLD OIL SILVER related etc
12:46 pm Curtis M : Until decision looking for momo plays
01:18 pm Curtis M : $MDT lloks great wow
01:26 pm darnel p : $DCTH ugh
01:27 pm darnel p : Cap structure just wacked some that just don’t know dif
01:37 pm Sandy S : big block on $RAD
01:44 pm Tyler H : $ETRM ready
01:49 pm OILQ K : $TWTR may have a deal guys
02:06 pm Curtis M : Im using chart on other system lol
02:07 pm Curtis M : Just trying to fix t myself – trading view slowww
02:19 pm Cara R : $RLWK on the move
02:23 pm John M : $bios long
02:24 pm darnel p : Congrats on $CVM longs great play
02:27 pm Carol B : $BIOS 28%
02:27 pm Carol B : $KALV long
02:41 pm Curtis M : Got ditracted watching that Miami situation on TV sad
02:41 pm Flash G : nuts
02:50 pm Gurpreet Singh : Shooter was a military veteran
02:51 pm Curtis M : arlines wacked
02:59 pm Curtis M : The whole market stalled
03:01 pm Curtis M : Odd my charting comes up on desk tops but not laptops
03:02 pm Curtis M : And it depends on the security – some charts dont work on either
03:13 pm Curtis M : $ERWR $EBIO $ETRM Monday Conddates
03:14 pm Curtis M : and maybe $XGTI
03:56 pm Curtis M : Have a good night peeps! Cya Monday!

Article Topics: $ETRM, $SSY, $PTX, $ZFGN, $ARWR – $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, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500

Jan 2017

PreMarket Trading Plan Newsletter Fri Jan 6 $OGXI $VGZ $GPS $MDCO – $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST

My Stock Trading Plan for Friday Jan 6, 2017 in Trading Chat room. $OGXI $VGZ $GPS $MDCO $GLD

My Stock Trading Plan for Friday Jan 6, 2017 in Trading Chat room. $OGXI $VGZ $GPS $MDCO $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

Charting: TradingView charting is intermittently down (depends on the security) – seems to happen every few months. Likely ICE exchange data issue again – so charts are intermittent in this report and in trading room until it is resolved on their end.

2017 Algorithmic Model Charting is complete – we’re just waiting for TradingView ICE Data to come back online to publish and send to your inboxes!

Per previous;

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:

Per previous;

$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:

Lots of width in what we are trading between now and Jan 20, 2017 IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST

Per previous;

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.

Per previous;

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 Stocks: $OGXI $VGZ $GPS $MDCO

Gap shares surge 8.6% in premarket trade

Amgen shares ? up 4% premarket

Regeneron shares ? down 8.1% in premarket trade

Ionis and subsidiary Akcea collaborate with Novartis to develop two cardiovascular candidat… http://seekingalpha.com/news/3233823-ionis-subsidiary-akcea-collaborate-novartis-develop-two-cardiovascular-candidates-deal-valued?source=feed_f … #premarket $IONS $NVS

UBS reduces expectations on McDonald’s http://seekingalpha.com/news/3233827-ubs-reduces-expectations-mcdonalds?source=twitter_sa_factset … #premarket $MCD

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $OGXI 62%, $VGZ 11%, $GPS 8%, $MDCO 8% $DGAZ $NBIX $URRE $IONS $CTIC $AMGN $FCAU $JDST $DUST $UWT $OREX $UCO $SDRL

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:

(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.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

Outlook:

I wouldn’t bet against it. This weekend, along with other algos all our 2017 charting is out so all levels up and down moves will be in those reports.

$SPY Jan 6 614 AM

Per previous;

Watching, watching, watching. $SPY is still having difficulty with the resistance our algo alerted weeks back prior to Fed speak.

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

My Trading Plan for $SPY:

Per previous;

Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook:

Per previous;

As noted above, we expect volatility.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook:

$USDJPY I know, it's different this time. #yencarry pic.twitter.com/8RZzRUbPbz

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

$USDJPY Jan 6 604AM

Per previous;

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets:

Per previous;

Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $XAUUSD $GC_F $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Outlook:

1184.33 holds some resistance and more overhead. Gold, $XAUUSD, $GC_F, $GLD, $UGLD, $DGLD. $GDX, $NUGT, $DUST, $JDST, $JNUG

1184.33 holds some resistance and more overhead. Gold, $XAUUSD, $GC_F, $GLD, $UGLD, $DGLD. $GDX, $NUGT, $DUST, $JDST, $JNUG

Per previous;

There is a public post from Rosie the Gold algo overnight (click to view) and a Rosie the Gold Algo member’s version in member inboxes / on Twitter feed. It details exactly what levels I am watching and why.

There’s Gold in them thar hills boy! Rosie algo report ondeck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

Per previous;

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Outlook:

Some levels to watch up and down. It’s unorthodox charting – but trust me. Down look to 14.498 and up look to 18.909. Also that 200 day (pink) watch it.

Silver $SI_F $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ) Jan 6 717 AM

Per previous;

Same with Gold and miners – on high watch.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

At time of writing oil is about to test significant resistance. 547 AM.

Crude algo intra work sheet 543 AM Jan 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

My Trading Plan for Oil Related Equities:

Per Previous;

When price gets back to a support or outside channel I’ll take a trade.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ):

Outlook:

It’s bullish – but it has to hold important levels like 200 MA on chart below.

Watching 200 MA on 1 Day (pink) Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ)

Chart Per Previous;

$NATGASUSD KISS Chart of the day. Natural Gas.

My Trading Plan for Natural Gas:

Per Previous;

Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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.

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: $OGXI, $VGZ, $GPS, $MDCO, $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, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $DWT, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

Jan 2017

Stock Trading Results Thurs Jan 5 $ETRM, $BCEI, $PRAN, $HEAR, $GNVC, $PIRS, $HALO

Post Market Report (Trade Results) $BCEI, $ETRM, $GNVC, $HALO, $HEAR, $PIRS, $PRAN, Chat Room, Compound trading, Day-trading, Investing, Results, Stocks, Swing Trading, Trading Results, Wall Street Curt Melonopoly

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Jan 5, 2107 – $ETRM, $BCEI, $PRAN, $HEAR, $GNVC, $PIRS, $HALO $JNUG, $NUGT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

Notices:

Charting: TradingView charting is down again – happens every few months. Likely ICE exchange data issue again – so no charts in this summary.

SMS / Email Alerts: Our system was upgraded yesterday 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.

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.

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:

I did get a morning momo trade on $ETRM that worked well. It happened so fast there was no way to get alerts out (SMS / email) other than alerts in room (and this will happen with trades that are fast morning momos) and I also had a follow-up trade in $BCEI that I think was off by a couple cents. So one nice win one tiny loss today. In fact, I was so busy during that $ETRM trade I couldn’t even get it typed in the chat room but I alerted it on audio of course and we got it on video at least.

The other gainers $PRAN, $HEAR, $GNVC, $PIRS, $HALO I missed but the members are killing anything that moves since 2017 started. Great team there – just one after another. We’ve seen very few losses and any we have seen have been tiny like my $BCEI trade today.

Also, the trading margins for the areas our algorithms are based have widened recently so I’m looking for an excellent two to three weeks around the inauguration. So my focus will be trying to double my accounts over the next two to three weeks. I published the challenge to my Twitter feed. After the inauguration we will consolidate all the trades in to one highlight video and publish it to our You Tube channel. Hopefully I hit the target.

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

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Momentum Stocks Today:
Symbol Company Name Price Change % Change Volume 1-Day
ETRM EnteroMedics Inc. 3.97 +1.88 +89.95% — ETRM
PRAN Prana Biotechnology Limited 2.54 +0.61 +31.61% — PRAN
HEAR Turtle Beach Corporation 1.71 +0.35 +25.74% — HEAR
GNVC GenVec, Inc. 4.10 +0.73 +21.66% — GNVC
CEB CEB Inc. 74.85 +12.95 +20.92% 4,410,519 CEB
PIRS Pieris Pharmaceuticals, Inc. 1.76 +0.29 +19.74% — PIRS
HALO Halozyme Therapeutics, Inc. 12.61 +1.92 +17.96% — HALO
QTNA Quantenna Communications, Inc. 22.88 +3.25 +16.56% — QTNA
AGI Alamos Gold Inc. 8.56 +1.06 +14.13% 5,228,276 AGI
HLG Hailiang Education Group Inc. 8.50 +1.05 +14.09% — HLG

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

There is a recent post from Rosie the Algo here (public edition) :There’s Gold in Them Thar Hills Boy! – there is also a member’s edition on the blog / in your email inbox.

Per yesterday (and days prior):

I need to exit $DUST and entered it and held because I was convinced USD/JPY would (at minimum) do a major spike up to end the rally – but not so lucky (yet). $CBMX and $JUNO are holds in to spring if necessary – that was the worst case plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

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

We are currently processing the reset calls for all algos for Q1 2017 over Christmas season because the have all now completed their calls from Q3 and Q3 2016 with 90% or better accuracy. All calls fully documented. 2017 Algorithmic Model Charting is complete – we’re just waiting for TradingView ICE Data to come back online to publish!

Announcements in Trading Room:

09:28 am Curtis M : $PIRS $CTIC $CEB $KOOL $HALO $GNCA $ETRM $EVOK $SHLD

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:32 am Sammy T : Long $AEZS
09:37 am Curtis M : $ETRM Long 3.73 out 4.36 4000
09:38 am Jack D : Sweet
09:38 am MarketMaven M : Holding $ETRM
09:39 am MarketMaven M : Out $ETRM 4.51 50%
09:39 am OILQ K : Im out to huge win 100%
09:44 am OILQ K : Still like $CBAK
09:44 am Michael P : ya iim in t OILK
09:44 am Curtis M : VWAP
09:55 am Curtis M : Wating for a VWAP test on $ETRM for p[ossible l
09:55 am OILK K : What a trooper
09:56 am freshie s : may not get to vwap curt
10:07 am Greg L : still holding my $JNUG
10:15 am MarketMaven M : $CETX swing rocking
10:15 am OILK K : $SAEX may not run now
10:20 am Curtis M : Crude coming up on resistance
10:22 am Curtis M : Natural Gas Report 10:30 On Deck
10:29 am OILK K : $AMZN hot
10:29 am freshie s : $NFLX ATHs on way
10:29 am Curtis M : NATGAS
10:34 am Greg L : $VUZI
10:36 am Cara R : Long $GPRO
10:40 am OILK K : Long $UGAZ small
10:41 am OILK K : $STLD long
10:42 am Carol B : My $URRE yippie holding
10:48 am OILK K : $UTX 52 week high holding
10:52 am darnel p : $IMNP blocks on micro
10:57 am Greg L : $CCJ long some
11:01 am MarketMaven M : Selling my $OPTT swing
11:01 am MarketMaven M : Great win out 50%
11:01 am MarketMaven M : Thanks Curt!!
11:10 am Cara R : $NVDA short couldnt be better
11:18 am Curtis M : Crude coming very close to end of major time price cycle
11:21 am Mathew Waterfall : Just popping in to say hope you guys are killing it. Closed my $KSS short last night, likely left a bit on the table but cashed big
11:22 am Mathew Waterfall : Also trimmed some $NUGT today as I’m not sold this rally will follow through
11:22 am Mathew Waterfall : Still holding $USLV and and $AUY. Took gains in $IAG
11:23 am Mathew Waterfall : $TLT still killing it. Those calls working like a charm. That’s all I go for ya, be back full time Monday
11:24 am Jack D : Hey Mat lots of winning haha
11:24 am Michael P : I dont know if I have seen a loss! hehehehe
11:24 am Michael P : Been strong in here.
11:25 am Greg L : Congrats on you wedding!
11:25 am Curtis M : Hi Mathew – hope ur enjoying! Congrats!
11:26 am Curtis M : $BCEI surprising
11:27 am Mathew Waterfall : Thanks guys and yea you are all smoking 2017 so far. I like!
11:27 am Curtis M : Been good.
11:28 am Curtis M : Oil on watch
11:30 am Curtis M : $XGTI r / g
11:30 am Curtis M : Trading View having issue ugh
11:31 am Curtis M : watch oil close here
11:32 am Curtis M : oil just outside strike zone ugh
11:35 am Curtis M : $ETRM holding VWAP and short float could be used up here
11:40 am OILQ K : Yuuge block on $TEF
11:44 am OILQ K : $DRYS 52 wk low
11:49 am OILQ K : $OREX cover
11:49 am Michael P : $CNV block and yup yuge
11:57 am Michael P : is that volume I see on BCEI?
11:57 am Curtis M : yup
11:58 am Curtis M : Long $BCEI
11:59 am Flash G : nice
12:00 pm Curtis M : It didnt pop ugh
12:02 pm Curtis M : yuk
12:03 pm Cara R : It should go Im in a few here too
12:03 pm Michael P : For sure this aft imo
12:04 pm OILQ K : $CTIC oppin
12:09 pm Greg L : $UGAZ long
12:15 pm Greg L : If $BCEI holds up over lumch its gone later today for sure
12:15 pm John M : yessir!
12:19 pm Curtis M : Its chuning now so we’ll see
12:20 pm Curtis M : time of day is an issue
12:23 pm Curtis M : careful here if long $BCEI
12:29 pm Curtis M : Ill hold until VWAP at 1.55
12:33 pm Curtis M : $DVAX halt
12:38 pm Curtis M : $DVAX company to hold conf call 430
12:39 pm Curtis M : $DVAX to resum 1305
12:45 pm Curtis M : Getting ready to take a loss maybe here its small anyway lol but still
12:48 pm Greg L : $RGLD long
12:53 pm Curtis M : Really churning now – lunch almost over
12:57 pm Flash G : $TWTR add long
01:20 pm OILK K : $TM to tha moooon
01:20 pm OILK K : hahaha
01:32 pm freshie s : $BABA strong here
01:34 pm Cara R : mu $URRE jiggy
01:38 pm OILK K : Big block on $NYRT guys
01:48 pm OILK K : $RADA looks great
01:49 pm Curtis M : ya it and $GNVC
01:49 pm Curtis M : Tradng View having tech issues with charts today
01:50 pm Curtis M : $SHOP $AMZN chatter
01:54 pm Cara R : Noble Drilling Long for a swing
01:56 pm OILQ K : $BCEI going to go now Curt
02:07 pm Carol B : $XGTI HOD
02:11 pm darnel p : $XGTI I bought on Curts alert few days back rocking now thanks big guy
02:15 pm Cara R : scalping $HALO good today – would like to see EOD run
02:19 pm Curtis M : Moving stop to 1.59 ish sooo long bored
02:19 pm Adam G : Is anyone speaking in here today?
02:19 pm OILQ K : Audio when trade by lead traders
02:19 pm OILQ K : That was a reply to Adam
02:20 pm Curtis M : Heres test
02:20 pm Curtis M : Hey Adam yes I do voice in most trades and Mathew on wedding week leave:)
02:21 pm Curtis M : Just no real serious action yet for me today (other than this morning)
02:21 pm Adam G : I’ve had this on most of the day and just hadn’t heard anything. Just curious
02:23 pm Curtis M : Ah yes – been calm day
02:23 pm Curtis M : $BCEI could go finally
02:23 pm Adam G : I’m here for CL. Not such a calm day 😉
02:26 pm OILQ K : $TSLA back to green baby
02:27 pm OILQ K : $URRE swing should get lift
02:27 pm Cara R : $URRE a hold imo
02:28 pm freshie s : $URRE likely gets 50% more upside
02:28 pm Michael P : agree $URRE
02:29 pm OILQ K : they bought that dp on $BCEI
02:30 pm OILQ K : and ya Adam – the oil chart theres nothing to talk about IMO its wthin range of all the updates – sure you can snipe small trades but relatively calm day and all the newsletters give you the parameters
02:30 pm OILK K : $OREX popping
02:31 pm OILK K : ya I agree – why take up the room for oil trade that isn’t more than small snipes within range – theres no change
02:32 pm MarketMaven M : I see it the same way guys – room is for alerts – alerts are for movement – if theres a trade in oil then fine so I agree – today snipes at best
02:32 pm Curtis M : FOCUS plz
02:38 pm darnel p : $EBIO long
02:38 pm Curtis M : sorry darnel TradingView sporadic today
02:39 pm Sammy T : We have computers too haha:) no Prob!
02:40 pm Curtis M : Theres the $JDST LOD
02:41 pm Curtis M : .30 ent jump just like that:)
02:44 pm MarketMaven M : $MSRT on a rp
02:44 pm MarketMaven M : daily rip
02:44 pm Curtis M : Likely bailing on $BCEI soon time of day getting on wrong side soon
02:47 pm Greg L : $NE blocks popping off
02:52 pm Greg L : That was a huge block on $BCEI
02:53 pm Curtis M : somebody dumped 300000 shares
02:53 pm Curtis M : ish
02:53 pm Curtis M : not me I’m in small I got my nice win earlier
02:54 pm MarketMaven M : Selling $JDST off bottom thanks C!
02:56 pm OILQ K : $DGAZ blocks now
02:56 pm OILQ K : $TWTR selling for a nice gain
02:57 pm freshie s : And $F huge blocks
02:58 pm Greg L : Long $CERC
02:59 pm Sammy T : My $IAG nice play so far – may add
02:59 pm Sammy T : $SBUX HOD selling 100%
03:00 pm Curtis M : Man you guys have been nailing everything this year so far – nice! Keep the focus.
03:01 pm Curtis M : Tradingview lol
03:02 pm Flash G : Now that is range wow $NATGASUSD
03:12 pm Curtis M : Out $BCEI tuiny 2 cent loss on small order
03:14 pm Curtis M : Done for the day – will leave room open till 4. Have a good night!
03:14 pm Michael P : Thanks Curt!
03:14 pm freshie s : Ya peace – great day.
03:14 pm Carol B : Same cheers mate
03:29 pm MarketMaven M : Im off cya guys
03:29 pm Sammy T : mee too catch ya in morning
03:35 pm OILQ K : Great day! cya guys!
03:47 pm darnel p : Got our of my $BCSI
03:47 pm darnel p : $BCEI
03:48 pm darnel p : Hopefully it runs in morning Darnel – I’m holding overnight small postion
03:48 pm darnel p : thats on my Twitter lol
03:49 pm darnel p : DO NOT hold $BCEI overnight Peeps!!!!
03:49 pm John M : I seen that message haha – ya holding $BCEI not good in my opinion either
03:49 pm John M : I’m gone for day guys for real ths time
03:50 pm MarketMaven M : $TWTR I am all out now GL longs!
03:50 pm MarketMaven M : John – I am out for reall too now – cya at the pub
03:50 pm Flash G : nite guys
03:55 pm Curtis M : $OREX on watch for morning
03:56 pm Curtis M : Looks like good range wll continue with commodities so I will set for scalping regular between now and Trump on 20th
04:02 pm Curtis M : Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick. Start tomorrow.

Article Topics: $ETRM, $BCEI, $PRAN, $HEAR, $GNVC, $PIRS, $HALO, 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, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500

Jan 2017

PreMarket Trading Plan Newsletter Thur Jan 5 $HALO $PIRS $SYN $GNCA $KOOL $JNUG

My Stock Trading Plan for Thursday Jan 5, 2017 in Trading Chat room. $HALO $PIRS $SYN $GNCA $KOOL

My Stock Trading Plan for Thursday Jan 5, 2017 in Trading Chat room. $HALO $PIRS $SYN $GNCA $KOOL $JNUG $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

Equipment Upgrades: Final upgrades are done and final coding bugs cleaned up as of 12:30 yesterday so SMS / Email alerts are ready for today. HOWEVER, you have to be aware that the SMS / Email alerts are only as we are able to do t (it can be busy in the room) and the morning momo trades can be done before you even get an alerts. So of course most alerts wll be beneficial but you do need to be aware.

Algorithmic charting / service newsletters: The last of them are being finalized over 48 hours and all new 2017 services on our list will be rolling out.

Per previous;

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:

Per previous;

$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).

Market Outlook:

Lots of news with the Chinese Yuan overnight and it looks like retail numbers from the Christmas season are going to disappoint!

Per previous;

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.

Per previous;

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 Stocks: $HALO $PIRS $SYN $GNCA $KOOL $JNUG

Synthetic Bio’s co-lead product candidate successful in mid-stage study; shares ahead 25% premarket http://seekingalpha.com/news/3233592-synthetic-bios-co-lead-product-candidate-successful-mid-stage-study-shares-ahead-25-percent?source=twitter_sa_factset … #premarket $SYN

Stanley B&D’s deal to buy #Craftsman from Sears: http://twitthat.com/hBb8i
$SHLD +3.47% at 10.72 premarket $SWK #stocks

$HALO making a $700M market cap move up in premarket

Genocea’s lead product candidate shows positive effect in mid-stage study; shares ahead 21% prem… http://seekingalpha.com/news/3233585-genoceas-lead-product-candidate-shows-positive-effect-mid-stage-study-shares-ahead-21-percent?source=feed_f … #premarket $GN…

Kohl’s shares down 15% in premarket trade

Macy’s shares down 9.5% in premarket trade

L Brands shares down 4.5% premarket

#Loxo Oncology prices 3.87m share offering at $31/share.
$LOXO -3.18% at 31.65 premarket

Gartner buying CEB for $2.6B http://seekingalpha.com/news/3233579-gartner-buying-ceb-2_6b?source=feed_f … #premarket $CEB $IT

$CTIC 24% PRE

CTI BioPharma Announces Removal Of Full Clinical Hold On Pacritinib https://t.co/HNqrSFFxts via @YahooFinance

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

$ENDP downgraded to Neutral From Buy by Citi. PT $20

$RARE and Kyowa Kirin Announce MAA for KRN23 Filed and Accepted for Review by EMA

Audi and NVIDIA Team up to Bring Fully Automated Driving to the Roads Starting in 2020… | Business Wire https://t.co/3IyzcvmsYE

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

$SNGX Receives Positive Scientific Advice from the EMA for SGX942 in the Treatment of Oral Mucositis

Deutsche Bank Starts Commercial Metals Company $CMC at Buy http://streetinsider.com/r/12395512

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $HALO 56%, $PIRS 33%, $SYN 24%, $GNCA 21%, $KOOL 14%, $JNUG 6%, $NUGT $PLX $ALXN $TWLO $GORO $UWT $AUY $UGAZ $UCO 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:

(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.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

Watching, watching, watching. $SPY is still having difficulty with the resistance our algo alerted weeks back prior to Fed speak.

S&P 500 Futures stall. pic.twitter.com/QFx82J1ED3

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Per previous;

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

Tight Intra-day trading levels. $SPY 527 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

My Trading Plan for $SPY:

Per previous;

Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook:

Per previous;

As noted above, we expect volatility.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Chinese offshore yuan overnight deposit rate hits 96%. pic.twitter.com/xEW7WpHAbM

— Jamie McGeever (@ReutersJamie) January 5, 2017

CHINA! #yuan FX blues. https://t.co/HzVxP4WnfP

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Off but not broke. #FOMC pic.twitter.com/9533kKWpkf

— Curtis Melonopoly (@curtmelonopoly) January 5, 2017

Per previous;

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets:

Per previous;

Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $XAUUSD $GC_F $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

There is a public post from Rosie the Gold algo overnight (click to view) and a Rosie the Gold Algo member’s version on deck.

There’s Gold in them thar hills boy! Rosie algo report ondeck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

Per previous;

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F: $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Outlook:

Per previous;

Same with Gold and miners – on high watch.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

I missed a golden opportunity yesterday – once again not trading it because the price action around holidays makes me nervous. But price did get near the outside of the upward trending channel and I should have taken that trade – no excuse. I wont miss the next one.

Missed trade yesterday at support (yellow lines). Crude algo intra work sheet 550 AM Jan 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

My Trading Plan for Oil Related Equities:

When price gets back to a support or outside channel I’ll take a trade.

Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ):

Outlook:

https://www.tradingview.com/chart/NATGASUSD/B3RWPton-NATGASUSD/

Watching very close here. Yesterday at 1:00 PM I just about pulled the trigger on a day trade $UGAZ when I thought Natural Gas was at a support – and sure enough. On high watch again. We’re getting closer to locking the math down.

Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ)

Chart Per Previous;

NATGAS KISS Chart of the day. Natural Gas.

My Trading Plan for Natural Gas: Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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.

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: $HALO, $PIR, $SYN, $GNCA, $KOOL, $JNUG, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

Jan 2017

Post-Market Wed Jan 4 $BCEI $EVOK – $WTW $CBAY

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Jan 4, 2107

Post-Market Wed Jan 4 $BCEI $EVOK – $WTW $CBAY

Post Market Report (Trade Results) $BCEI, $CBAY, $EVOK, $WTW, Chat Room, Compound trading, Day-trading, Investing, Results, Stocks, Swing Trading, Trading Results, Wall Street Curt Melonopoly

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Jan 4, 2107 – $BCEI $EVOK – $WTW $CBAY – $JNUG, $NUGT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

Notices:

SMS / Email Alerts: Our system was upgraded yesterday so all members will now start receiving them for each trade.

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.

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.

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:

Busy day in the room. Mathew is away until next week for his wedding but we managed. Market looks good so far in 2017. The team banked hard especially on the $BCEI trade. But there were many. The $BCEI trade we were right on top of – the second it went on halt – we nailed the buy near the bottom – scaled out near the top and exited the top almost perfect. The only thing that could have went better was scaling in harder. But a great win along with all the others. I had a small loss trade today to in $EVOK.

Anatomy of my $BCEI trade alert and trade in the trading room today for a nice win.

Momentum Stocks Today:

Symbol Company Name Price Change % Change Volume 1-Day
OREX Orexigen Therapeutics, Inc. 3.40 -0.05 -1.47% — OREX
EVOK Evoke Pharma, Inc. 2.69 -0.01 -0.37% — EVOK
KODK-WTA Eastman Kodak Company Wt Exp 13 3.64 +0.82 +29.08% 2,332 KODK-WTA
HEBT Hebron Technology Co., Ltd. 5.93 +1.25 +26.79% — HEBT
OIIM O2Micro International Limited 2.38 +0.49 +25.93% — OIIM
MRUS Merus B.V. 25.88 +0.89 +3.44% — MRUS
CBAY Cymabay Therapeutics, Inc. 2.30 0.00 0.00% — CBAY
WTW Weight Watchers International, Inc. 13.40 +2.32 +20.94% 10,676,558 WTW
IMGN ImmunoGen, Inc. 2.49 0.00 0.00% — IMGN
CDNA CareDx, Inc 2.75 +0.45 +19.57% — CDNA

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

There is a new post from Rosie the Algo here (public edition) :There’s Gold in Them Thar Hills Boy!

Per yesterday (and days prior):

I need to exit $DUST and entered it and held because I was convinced USD/JPY would (at minimum) do a major spike up to end the rally – but not so lucky (yet). $CBMX and $JUNO are holds in to spring if necessary – that was the worst case plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

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:

09:15 am Curtis M : Morning! Will watch early momos first at bell then move on to Oil, SPY, Gold, etc. Movers; $CBAY, $BLPH, $EVOK, $OCUL, $PTNR $NVLS $VNR $AKAO $GBT $ECA $SHAK $ASM $DGAZ $REXX $ACHN $GFA $XRX

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:16 am Darnel P : Morning
09:24 am Flash G : $TSLA bidding back up here premarket
09:29 am Tyler H : Like Gold here Curt
09:30 am Curtis M : Watching EVOK at bell
09:31 am Curtis M : Long $EVOK 4.24
09:32 am Curtis M : Correction 3.24 $EVOK 1000
09:33 am Greg L : Long $EVOK 3.32
09:36 am Tyler H : In $REXX
09:37 am Becky b : $BLPH on a nice tear
09:38 am OILQ K : L $CXRX 2000
09:38 am jack d : Out $BLPH scslp
09:39 am Carol B : $CBAY shorting sll pops here
09:40 am Curtis M : $EVOK stop 2.94 was 3.12 but didnt cue
09:41 am Becky b : My $FSNN doing great
09:44 am Curtis M : Stopped $EVOK loss
09:44 am John M : $OREX over 50 MA
09:46 am Carol B : $NVCN on the move $IDGX coming now
09:47 am OILQ K : $OREX VWAP bounce
09:47 am cara r : $IDXG red to green
09:47 am Darnel P : $AKAO rocking
09:48 am Curtis M : I’m setting up for oil at 10:30 fyi
09:48 am Greg L : $IDXG nbanking this morning folks
09:49 am Carol B : $FIT good action
09:50 am Carol B : $GPS short working
09:50 am MarketMaven M : $IDXG 12%
09:51 am MarketMaven M : My $NFLX on the move now
09:57 am Sammy T : In some $DGAZ
09:57 am Sammy T : And some $NUGT
09:58 am Sammy T : And $AVEO for good measure some long
09:58 am John M : $TWTR 16.70 long 2000 shares swing
09:59 am cara r : $BCEI short
10:00 am cara r : Out $PHMD for a win
10:01 am Curtis M : Oil could leave me here lol
10:08 am Sammy T : $LULU momentum
10:09 am Sammy T : $WYNN my friend in again for more swing
10:13 am Sammy T : Yuge $DIS block
10:17 am Flash G : $MRUS 52 Week High
10:20 am Curtis M : dang
10:21 am Carol B : HOD for $TNXP guys
10:28 am Curtis M : watching ol close now
10:32 am Curtis M : Beecause of holdays oil trade is not normal and likely wont be until next week
10:36 am Curtis M : Until it leaves that intra channel I don’t think I’ll look at a trade
10:37 am Curtis M : Going to reset my charts and be back in room in 3 mins
10:46 am Curtis M : $BCEI halt
10:52 am Greg L : $OREX short
10:56 am cara r : %UTI HOD
10:57 am OILQ K : $HST blocks
10:58 am OILQ K : $TRL on move too
11:05 am Michael P : $ACAD spike
11:13 am Becky b : $AMD huge blocks
11:16 am Becky b : Like $VRX here now
11:20 am Curtis M : Taking lunhc back at 12:20 unles alarms go off then back sooner.
11:27 am Flash G : $TLT HOD and $DNAI momo
11:43 am Flash G : 52 Week highs $GFF $VHI
11:46 am Curtis M : Crude on the move wow
11:55 am John M : $TWTR set-up looks good long here
11:59 am OILK K : $BCEI halt news
12:04 pm Curtis M : Long $BCEI
12:04 pm Curtis M : 4500 avg 1.13
12:08 pm Curtis M : Out half
12:13 pm Curtis M : Out 3/4
12:15 pm Curtis M : Out
12:16 pm Curtis M : Nice win
12:16 pm Carol B : Still holding Curt ha
12:17 pm OILQ K : Really? funny me too
12:17 pm OILQ K : But if it fails here oout
12:17 pm Flash G : I’m out $BCEI here not a bg order 2000
12:21 pm Flash G : Nice trade guys
12:21 pm darni m : That worked out really well – in perfect and out perfect
12:22 pm darni m : It may go again
12:22 pm Curtis M : 4500 shares lol should have hammered down hahaha
12:22 pm Curtis M : but 4500 share on that move helps
12:23 pm OILK K : Thanks Curt – paying blls as u state
12:23 pm Curtis M : could go again
12:27 pm Curtis M : Stpid alert didn’t work on that buy – they got the bug out now they say jeez
12:27 pm Curtis M : Technology fark
12:34 pm Curtis M : Techs say they got SMS dialed in lol evil looks helped
12:41 pm darni m : $AXP HOD
12:49 pm Curtis M : NATGAS at support – may not hold but thats support
12:55 pm jack d : $DIS long
12:57 pm Curtis M : I have no excuse for not taking that oil trade
01:03 pm Becky b : $OREX 66%
01:21 pm Curtis M : Blocl $MCIG
01:33 pm Curtis M : $BKLN large block
01:38 pm Curtis M : Momo should start soon – this morning looked decently bullish
01:39 pm Curtis M : Mathew away this week btw
01:53 pm Curtis M : FOMC forgot all about it – 10 mins
02:18 pm Carol B : 52 wk high $BX
02:23 pm Curtis M : BLOCK TRADE: $SPY 502,351 shares @ $225.23 [14:21:52]
02:24 pm Curtis M : $URRE new highs
02:38 pm Curtis M : Thursday EIA NatGas at 9:30 CT EIA Petrol 10:00 CT
03:06 pm Becky b : $CBAK $URRE squeeze plays on deck
03:09 pm OILQ K : $EBIO jiggy
03:25 pm MarketMaven M : Long $TNXP swing
03:28 pm Curtis M : $CARV Volatility Trading Pause. Halt time: 15:27:00.
03:35 pm cara r : $ETRM jig
03:37 pm OILQ K : $EBIO NHOD
03:41 pm Curtis M : BLOCK TRADE: $EEM 1,000,000 shares @ $35.65 [15:40:30]
03:43 pm Curtis M : BLOCK TRADE (Microcap): $GSAT 250,000 shares @ $1.72 [15:42:58]
03:59 pm Curtis M : Good night y’all

Article Topics: $BCEI, $EVOK, $WTW, $CBAY, 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, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500

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