Compound Trading Member Memorandum

Feb 3, 2017

Just a quick note / ramble to update our members on immediate and longer term developments for our charting reports, trade room and various stock trading services:

  • Morning Reports. Friday reports, those we are processing overnight – some do not require mid-week updates, will be VERY BRIEF mid week reports and full reports will be updated on weekend. All levels for all algorithmic charting models remain the same and our members have the existing levels.
    • $DXY Model – $DXY US Dollar / $USDJPY are at support decisions.
    • $GOLD is at a support decision.
    • $SILVER is at a support decision.
    • $VIX is trading within the model and classic indicators.
    • $OIL is testing important resistance decisions.
    • $SPY is trading within the model and classic indicators.
    • Swing Trading members have all current levels (more on updates below).
  • Algorithmic Chart Models Completing. This weekend we will be completing the last of what we consider Phase I of our algorithmic models. Phase I is defined as completing algorithmic chart models (for our traders to use on a traditional stock chart as an edge) to include all the important applicable levels for both classic charting and algorithmic chart modeling such as;
    • Classic indicator charting;
      • Fibonacci levels,
      • Horizontal trend-lines (support and resistance from various time cycles),
      • Diagonal trend-lines (support and resistance from various time cycles),
      • Swing trading range (margins of highest probability),
      • Various other classic indicators such as moving averages, MACD and more as applicable and most important to the specific equity charting.
    • Algorithmic chart modeling;
      • Alpha algo targets (specific time and price – see EPIC the Oil Algo for examples),
      • Alpha algo diagonal trend-lines (support and resistance),
      • Algo diagonal trend-lines based on Fibonacci modeling,
      • Algorithm time/price cycles (terminations),
      • Algorithm trading quadrants (related to time/price cycles and historical trading),
      • And more (all those fun indicators we are processing historical data on and representing on charts for our traders to use as an edge).
  • Miscellaneous Points. A few points about the status of our chart model development;
    • $DXY US Dollar is complete and testing very high so it will be published in full (testing similar to Gold, Silver and Oil models at 80% – 93% accuracy),
    • $VIX and $SPY will be published but are testing with the least predictability of the six.
    • The Gold and Silver algorithms – we are finished testing alpha algo lines – we have not been including these in reports to date (used for support and resistance) and algo targets (both similar to EPIC the Oil Algo charting)… new member updates will have those indicators on the charting like EPIC does. So this is actually big news for our Silver and Gold charting. For those wondering about the different kinds of algorithmic model indicators we endeavor to include in our models EPIC the Oil Algo is the best one to view to get an idea of the process and where we are going with each.
    • The swing trading service has been going extremely well, members have been sending all kinds of positive feedback. We will be significantly updating it this weekend. We also have been running model trading accounts for each swing service that we hope to get out soon – interesting results – very, very positive methodology evidence transpiring.
  • Profit and Loss Statements. My personal profit and loss statements for my large swing account and small account build are on our weekend publishing list too.
  • Daily Trading Results. I am behind on posting some of the daily trading results – will get those done also.
  • Your Feedback is Important! We have had a lot of email feedback from members, if you have any feedback please send it in, it really helps our planning and these to-do lists. It’s a community effort – your input is valuable. Ideas, thoughts, things we are doing right, things we can improve… please send us a note.
  • Weekly Webinars! We are also going to post a weekly webinar schedule this weekend for;
    • Members that would like a more in depth understanding of our charting and how to specifically use each chart for each equity will be able to attend weekly. Webinars will be done for our six algorithmic charting models, our swing trading service and our trading room. There will be one webinar each week at a set time for each service, every week. So yes, eight short webinars about 30 minutes each or 4 hours a week. If there is a day and/or time best for you weekly to take part please let us know for consideration!
    • Subscribers Considering our Services. We will be running a weekly webinar for those considering signing up that want to know more about our systems – we get so many inquiries – this way we can refer inquiring minds to a weekly 30 minute webinar that explains our algorithmic chart modeling and our swing service. So this will make it 4.5 hours of webinars done weekly.
  • Promo Discounts. So we did extend them for the members that asked, remember the promo codes shut down on weekend.

I think that covers our news, updates, morning charting advisory and stuff on our to-do list so that everyone knows our direction!

Thanks again!

Curt

Article Topics: Compound Trading, Member, Memo, Webinars, Algorithms, Charts, Stocks, Stockmarket,Trading, Wall Street, Stocks, Day-trading, Chatroom,


Stock Trading Plan for Thursday Feb 2, 2017 in Trading Chat room. $MJN, $XGTI, $EYES, $ANY  – $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

Morning Emails: Multiple emails and / or complimentary issues end this Friday. As of Monday this will change, as will passwords for each algorithm daily.

Discounts: We ended our inaugural discount offer to the public last night but a few members have asked for an extension because they are traveling etc…. so we can do that just for existing members until this weekend also… but please after that lets just leave that be because we don’t want to run a sales promo room environment.

SMS / Email Alerts: The SMS and emails alerts – sometimes we can’t alert, so this scenario occurred in Tuesday trade, I was in and out of $DRYS and it was high risk very volatile and I likely did ten or more trades – impossible to alert. Anyway, in most market environments that doesn’t occur, but I thought I would just clarify.

Current Holds:

$LGCY, $ROKA, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $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:

Overnight Oil is near important resistance, Gold is above important resistance as is Silver, US Dollar is mid range but at reasonable important Fib test, VIX got a jump, and SPY is relatively calm. From an algorithmic modeling perspective trade is strong / precise. This means machines a fully on and this provides excellent precision in my trading (specific to our six algo chart models).

I’m on the wrong side of the $DUST trade and may have to cut if Gold, Dollar etc extend current action.

I’ve been a little sloppy lately – watching. Bottom line – it looks like Gold and Silver if they get much higher they will continue in a new trend – so it looks like decision area to me. Oil is in the same boar but it does have overhead resistance coming soon (moreso than the immediate one). As far as the market in general, I never bet against it unless its broken and correcting.

$MJN Premarket, Trading Plan, Stocks, Chatrrom

$MJN Premarket, Trading Plan, Stocks, Chatrrom

Morning Momo / News Bits:

Momo Watch: $MJN, $XGTI, $EYES, $ANY, $JNUG, $TENX $AU $NUGT $ETRM $ADHD

Chain Store Sales

Challenger Job-Cut Report
7:30

Jobless Claims
8:30

Productivity/ Costs
8:30

Good Jobs Rate
8:30

NatGas #
10:30

BREAKING: Jobless claims hit 246,000 vs. 250,000 estimate http://www.cnbc.com/2017/02/02/jobless-claims.html …

Qorvo -7.36% premarket; Q3 2017 over expectations, Q2 outlook at issue http://seekingalpha.com/news/3240022-qorvo-minus-7_36-percent-premarket-q3-2017-expectations-q2-outlook-issue?source=feed_f … #premarket $QRVO

Magellan Midstream Partners beats by $0.08, beats on revenue http://seekingalpha.com/news/3240021-magellan-midstream-partners-beats-0_08-beats-revenue?source=feed_f … #premarket $MMP

$TRIL Outlines Anticipated Activities and Milestones for 2017

Nokia’s stock surges 5.3% in active premarket trade after Q4 results

$XGTI xG Technology, Inc. Completes Acquisition of Vislink Communication Systems, Assuming Full Legal Ownership of the Business

Ralph Lauren shares slide 10% premarket as CEO leaves, warns of charges\

Novo Nordisk Q4 sales off 2%; earnings up 5%; cash flow up 10%; soft guidance pressures shares, d… http://seekingalpha.com/news/3240009-novo-nordisk-q4-sales-2-percent-earnings-5-percent-cash-flow-10-percent-soft-guidance?source=twitter_sa_factset … #premarket $NVO

Acacia Communications +3.9% as Morgan Stanley buys the dip http://seekingalpha.com/news/3240008-acacia-communications-plus-3_9-percent-morgan-stanley-buys-dip?source=twitter_sa_factset … #premarket $ACIA

Macy’s $M are edging up premarket based on rumors that the company may be open to being acquired

Trump trade policy turns JPMorgan bearish on small and midcap stocks http://seekingalpha.com/news/3240007-trump-trade-policy-turns-jpmorgan-bearish-small-midcap-stocks?source=feed_f … #premarket $IWM $TZA $TNA $UWM

$DB -4% premarket suffering from a second full-year net loss after getting hit by legal costs.

Merck’s stock swings lower after Q4 results, down 0.1% premarket after being up as much as 1.4% earlier

Bloomberg: Brookfield Asset, Simon Property, GGP possible suitors for Macy’s http://seekingalpha.com/news/3240012-bloomberg-brookfield-asset-simon-property-ggp-possible-suitors-macys?source=feed_f … #premarket $M $BAM $SPG $GGP

Goldman Sachs negative on URBN and JWN http://seekingalpha.com/news/3240015-goldman-sachs-negative-urbn-jwn?source=feed_f … #premarket $URBN $JWN

Smaller than expected loss at ConocoPhillips http://seekingalpha.com/news/3240014-smaller-expected-loss-conocophillips?source=feed_f … #premarket $COP

Netflix Leads The Content Crowd In Streamer Satisfaction http://benzinga.com/z/8984490 $AMZN $NFLX

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers:  $MJN, $XGTI, $EYES, $ANY, $JNUG, $TENX $AU $NUGT $ETRM $ADHD

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

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

(3) Other Watch-List: $DRYS sympathy $DCIX, $ESEA, $SINO, $GLBS 

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


My Stock Trading Plan for Wednesday Feb 1, 2017 in Trading Chat room.$OKS, $VCEL, $SDRL, $DRYS, $DCIX, $ESEA, $SINO, $GLBS,   – $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Algorithmic Modeling Charts – Our US Dollar Index algo math finally completed last night – very excited it back tests nearly as accurate as EPIC. More on that this weekend. $SPY and $VIX we’re still working on and expect majority of the model if not all completed this weekend.

Morning Emails: Multiple emails and / or complimentary issues end this Friday. As of Monday this will change, as will passwords for each algorithm daily.

Discounts: We ended our inaugural discount offer to the public last night but a few members have asked for an extension because they are traveling etc…. so we can do that just for existing members until this weekend also… but please after that lets just leave that be because we don’t want to run a sales promo room environment.

SMS / Email Alerts: The SMS and emails alerts – sometimes we can’t alert, so this scenario occurred in Tuesday trade, I was in and out of $DRYS and it was high risk very volatile and I likely did ten or more trades – impossible to alert. Anyway, in most market environments that doesn’t occur, but I thought I would just clarify.

Current Holds:

$GOOGL – sold (sorry I didn’t alert on SMS / Email – I didn’t dump it for trading reasons so I didn’t want to influence anyone else – we also have family businesses that cancelled all advertising contracts with Google yesterday:)), $LGCY, $ROKA, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $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:

With Fed, Facebook, Amazon and more it’s anyone’s guess – but I’m bias to bull side.

$SPY could pop easily IMO, $VIX is likely going to be trampled, Gold is at resistance, Silver at resistance but looks better than Gold, Miner’s have held up but Fed and USD/JPY could kick them to curb easily so I would be cautious, $DXY we have locked in so more detail this weekend, Oil is nearing a break-out or break-down that will be epic.

$JJC I continue to like… I started this sentiment in morning newsletters going back a few months now looking in to 2017.

$DRYS in post market and premarket has been surprising.

Bottom line is I would like to get some sizing going, looking seriously at $DUST for a long entry (I’m entering now as writing with fills in 30.50 range with 1000 shares), going to watching momentum stocks, copper, natural gas and earnings plays.

Gold, Premarket, Trading Plan, Stocks

Gold premarket. Gold Algorithmic Model Charting Worksheet Feb 1 831 AM $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST #machines

Morning Momo / News Bits:

Momo Watch: $OKS, $VCEL, $SDRL, $DRYS, $DCIX

BREAKING: Private payrolls grew 246K in January vs. 165K estimate – ADP

Mortgage Apps
7am

NFP
8:15am

Job Creation Index
8:30am

Mfg Index
10am

Construction
10am

Oil
10:30am

FOMC
2pm

http://Overstock.com +13% after Q4 results shine http://seekingalpha.com/news/3239469-overstock-com-plus-13-percent-q4-results-shine?source=twitter_sa_factset … #premarket $OSTK

Synergy prices equity offering; shares down 13% premarket

$VCEL Vericel announced the first implant of MACI in the United States

$SRAX Chardan Capital initiates coverage on Social Reality (NASDAQ:SRAX) with a Buy rating and a $9.00 price target.

Yields move higher after blowout ADP jobs number http://seekingalpha.com/news/3239466-yields-move-higher-blowout-adp-jobs-number?source=twitter_sa_factset … #premarket $TLT $TBT

Allergan completes LifeCell acquisition http://seekingalpha.com/news/3239465-allergan-completes-lifecell-acquisition?source=twitter_sa_factset … #premarket $AGN

Tinder owner Match shares down 6% premarket

Macau revenue disappoints for January http://seekingalpha.com/news/3239443-macau-revenue-disappoints-january?source=twitter_sa_factset … #premarket $WYNMF $WYNMY $WYNN $SCHYY

Mobileye -3% on Morgan Stanley downgrade http://seekingalpha.com/news/3239439-mobileye-minus-3-percent-morgan-stanley-downgrade?source=twitter_sa_factset … #premarket $MBLY

Copper tops $6K/ton as Escondida mine strike looms http://seekingalpha.com/news/3239438-copper-tops-6k-ton-escondida-mine-strike-looms?source=twitter_sa_factset … #premarket $BHP $FCX $JJC $CPER

Apple’s stock jumps 3.7% premarket after Q1 results late Tuesday

Baxter Q4 sales up 2%; net earnings up 19% http://seekingalpha.com/news/3239435-baxter-q4-sales-2-percent-net-earnings-19-percent?source=feed_f … #premarket $BAX

Altria stock down 4% premarket

Madison Square Garden takes controlling stake in new TAO Group http://seekingalpha.com/news/3239446-madison-square-garden-takes-controlling-stake-new-tao-group?source=twitter_sa_factset … #premarket $MSG

Oneok Partners’ stock soars 27% premarket after Oneok buyout deal http://www.marketwatch.com/tools/quotes/quotes.asp?symb=OKS&siteid=rss&utm_source=dlvr.it&utm_medium=twitter …

Pitney Bowes down on earnings miss http://seekingalpha.com/news/3239461-pitney-bowes-earnings-miss?source=feed_f … #premarket $PBI

Johnson Controls stock down 4.5% premarket

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $OKS, $VCEL, $SDRL, $DRYS, $IBN, $NGD $UGAZ $TWLO $DCIX

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

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

(3) Other Watch-List: $DRYS sympathy $DCIX, $ESEA, $SINO, $GLBS 

(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:$CNHI $CMRE $COH $TWLO $DHR $LEG $BYD $MRVL $FOXA $CDW $RIC $APC $CR $AMGN $STZ $MRO  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$NS $KMX $MBLY $FOSL $DECK $VFC $RL $PVH $KORS $UAA $AMC $GLW $TWX $UPS $CRM $GGG $TSU $NCMI $RRTS $PKG $IMAX  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: $OKS, $VCEL, $SDRL, $DRYS, $DCIX, $ESEA, $SINO, $GLBS, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Tuesday Jan 31, 2017 in Trading Chat room. $DRYS $RGSE $SINO $AEZS $XGTI – $GOOGL, $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

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

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

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

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

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

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

Current Holds:

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

General Market Outlook:

Volatility is here!!! Margin finally. Apple reports after market and Amazon Thursday – should get interesting. Morning chart reports show Gold, Silver near break outs, Oil near support, USDJPY near further break down and US Dollar confusing. VIX should be a good play today…. but most important is that margin has finally opened up! Thank you!

On the look out for great buys. Under Armour is interesting.

 

Morning Momo / News Bits:

Momo Watch: $DRYS $RGSE $SINO $AEZS $DCIX $SNAM $MNTA $XGTI

$OCRX HCW maintains Buy, PT lowered to $4

Exxon little changed as Q4 earnings miss, revenue rises http://seekingalpha.com/news/3239072-exxon-little-changed-q4-earnings-miss-revenue-rises?source=feed_f … #premarket $XOM

Fitbit downgraded to Sell at Citi, target $5 http://seekingalpha.com/news/3239074-fitbit-downgraded-sell-citi-target-5?source=feed_f … #premarket $FIT

Dimension Therapeutics’ gene therapy candidate for hemophilia B shows treatment benefit in early… http://seekingalpha.com/news/3239075-dimension-therapeutics-gene-therapy-candidate-hemophilia-b-shows-treatment-benefit-early?source=twitter_sa_factset … #premarket $DMTX

$CLRB Announces Two Peer Reviewed Studies Demonstrating the Capabilities of the PDC Platform

MasterCard lower after revenue miss http://seekingalpha.com/news/3239045-mastercard-lower-revenue-miss?source=feed_f … #premarket $MA

$SDRL -18% #premarket Has not yet reached agreement among all counterparties in talks to restructure $8.2B in secured #debt.

$TEVA slumps 7% #premarket U.S. District Court for the District of Delaware has invalidated all asserted claims of four patents.

Weak guidance and earnings miss sends UPS lower http://seekingalpha.com/news/3239038-weak-guidance-earnings-miss-sends-ups-lower?source=feed_f … #premarket $UPS

Thermo Fisher Scientific revenues up 7%; non-GAAP EPS up 14% in Q4 http://seekingalpha.com/news/3239036-thermo-fisher-scientific-revenues-7-percent-non-gaap-eps-14-percent-q4?source=feed_f … #premarket $TMO

Griffon EPS in-line, misses on revenue http://seekingalpha.com/news/3239034-griffon-eps-line-misses-revenue?source=feed_f … #premarket $GFF

Exxon Mobil EPS of $0.41 http://seekingalpha.com/news/3239027-exxon-mobil-eps-0_41?source=feed_f … #premarket $XOM

Oak Ridge Financial Services reports Q4 results http://seekingalpha.com/news/3239066-oak-ridge-financial-services-reports-q4-results?source=twitter_sa_factset … #premarket $BKOR

FedEx -1.7% after UPS disappointment http://seekingalpha.com/news/3239063-fedex-minus-1_7-percent-ups-disappointment?source=twitter_sa_factset … #premarket $FDX

$SNE #SONY up in #premarket $30.49 earnings on Thursday $35.. stake in M3 should provide boost to earnings. Image sensors sales skyrocket

 

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $DRYS 43%, $JAGX 41%, $SINO 15%, $XGTI 13%, $AEZS 9%, $ESEA $TOPS $ATRS $DGAZ

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

(2) Pre-market Decliners Watch-List: Decliners: $UAA -26%, $UA -23%, $SDRL -15%, $SMLP -7%, $TEVA -6%, $JDST $UGAZ $DUST $DSLV  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: $VSAT $PAGP $XGTI $PAA $KRNY $VNOM $FBNK $QTS $SHOO $TUP $BHLB $MNRO $MKTX $CBOE $NNN $AHP $TEVA $MPSX $CLR as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $IDTI $GOLD $NGVC $OCRX $CTSH $FIT $CLH $BWLD $XXIA $M $NGD $BH 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:  $DRYS, $RGSE, $SINO, $AEZS, $XGTI, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Monday Jan 30, 2017 in Trading Chat room. $CALA, $DHT, $QURE, $ESES, $HMNY, $GOOGL, $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

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

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

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

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

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

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

Current Holds:

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

General Market Outlook:

The Trump crap is making things look bearish – but until $SPY chart broke it’s up and up. But we may get some volatility and who knows, maybe we’ll see a correction. We’ll know when and if it turns.

Gold and Silver still near the bottom range of our algo calls from last year, $USDJPY no decision yet as far as I’m concern (sure it’s off its highs but could it turn around and charge? Sure it could, not likely, but it could). $VIX is up a tad, but to be expected considering. Oil is near a considerable resistance and not far above that is a serious resistance that it rarely encounters.

Premarket, $VIX, Trading, Plan

Premarket Trading Plan, $VIX, Stocks, Chatroom

Morning Momo / News Bits:

Momo Watch:  $CALA, $DHT, $QURE, $ESES, $HMNY

Premarket: Global shares fall amid outcry over Trump travel curbs – The Globe and Mail

FDA OKs two new asthma products from Teva http://seekingalpha.com/news/3238651-fda-oks-two-new-asthma-products-teva?source=feed_f … #premarket $TEVA $GSK

Long Island Iced Tea announces increase in size of public offering http://seekingalpha.com/news/3238650-long-island-iced-tea-announces-increase-size-public-offering?source=feed_f … #premarket $LTEA

$QURE Announces FDA Breakthrough Therapy Designation for AMT-060 in Hemophilia

$CALA is up 35% premarket, in response to its announcement of a global collaboration and license agreement.

$XXIA +5.7% premarket after Keysight Technologies $KEYS agrees to acquire the company for ~$1.6B, or $19.65/share.

Zogenix nabs U.S. patent covering ZX008 in Dravet http://seekingalpha.com/news/3238653-zogenix-nabs-u-s-patent-covering-zx008-dravet?source=twitter_sa_factset … #premarket $ZGNX

$FGEN is ahead 9% premarket, in response to its announcement of positive top-line results from two Phase 3 studies.

$PULM announced a direct offering premarket.

Tempur Sealy shares plunge 22% premarket as company loses Mattress Firm contract.

Cisco, others launch new blockchain consortium http://seekingalpha.com/news/3238637-cisco-others-launch-new-blockchain-consortium?source=feed_f … #premarket $CSCO $BSWQY $BK $FXCOF

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $CALA, $DHT, $QURE , $ESES, $HMNY, $DGAZ, $PULM, $PERI $XXIA 

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

(2) Pre-market Decliners Watch-List: Losers: $TPX -30%, $RGLS -28%, $FIT -11%, $UGAZ -8%, $SCSS -5%, $HIMX -3%, $FCAU $UNG $BCS $SDRL $TS $DB $STM $DEO $TNA 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:  $NTAP $MEP $GOL $THS $NGG $DIS $MSG $NEP $WBMD $CBL $DDR $HIBB $DKS $AXP $MELI $HBHC $CLD $NE $CBAY $MSG  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $CMRE $HIMX $APD $MTH $COLM $EEP $BCS $MBFI $TPX $PAYC $ARRY $RGLS $SEM $CL $RDC $SYMC $MTH $MDC $CNX $RICE $OKSB $DD 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:  $CALA, $DHT, $QURE, $ESES, $HMNY, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Jan 27, 2017 $GOOGL, $DUST, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

Intro:

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

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

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

Notices:

Per Recent;

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

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 (until end of Jan, 2017).

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

I am holding $GOOGL, $DUST, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY after coming off those aftermarket earning scalps. All except $GOOGL are 1/5 – 1/10 size and $GOOGL is 1/4 size. 

I didn’t trade today because market was off some and there were a number of inflections with Gold, Silver, SPY, VIX was trampled, USD/JPY etc…. and no setups in momentum stocks. The momo stocks have been more like wack a moe the past week or so and really risky to catch moves – or they had major part of move in premarket or after close with earnings (which is how I ended up trading earnings this week). Many traders getting chopped up in morning gap and go plays.

Momentum / Noteable Stocks Today:

Ticker Last Change Volume Signal
PULM 3.37 51.80% 25994369 Top Gainers
LTRX 2.15 32.72% 2010138 Top Gainers
FAC 1.54 23.20% 386424 Top Gainers
LTRE 2.79 22.28% 12518 Top Gainers
TENX 2.16 19.34% 1814487 Top Gainers
GSAT 1.66 16.90% 18301463 Top Gainers
CLS 14.18 11.04% 2667134 New High
LRN 19.59 16.40% 1002142 New High
TWI 13.17 11.52% 1225419 New High
GHL 29.45 3.15% 783055 New High
RGSE 3.57 -4.06% 654772 Overbought
WOOF 90.77 -0.03% 2470070 Overbought
SGM 7.66 28.74% 7083802 Unusual Volume
ESES 1.35 66.67% 7148728 Unusual Volume
NOVN 4.86 -74.01% 7987722 Unusual Volume
XWEB 61.01 -0.46% 44000 Unusual Volume
AZPN 53.25 -5.06% 1631335 Upgrades
AAL 46.95 -5.32% 19319434 Earnings Before
PPBI 39.70 -0.87% 306752 Insider Buying
Ticker Last Change Volume Signal
NOVN 4.86 -74.01% 7987722 Top Losers
DRYS 1.99 -33.22% 28427214 Top Losers
ATHX 1.12 -26.32% 11246029 Top Losers
EEQ 20.37 -21.56% 1552722 Top Losers
EEP 21.33 -17.64% 8996335 Top Losers
KEYW 10.09 -16.54% 5411458 Top Losers
DRYS 1.99 -33.22% 28427214 New Low
ATHX 1.12 -26.32% 11246029 New Low
SHLD 7.42 -6.78% 2964602 New Low
MCZ 0.14 -9.48% 1628013 New Low
FFWM 14.41 0.00% 72410 Oversold
NOVN 4.86 -74.01% 7987722 Oversold
NOVN 4.86 -74.01% 7987722 Most Volatile
PULM 3.37 51.80% 25994369 Most Volatile
RAD 6.93 2.21% 85914371 Most Active
VPCO 0.00 42.86% 60243699 Most Active
CAFD 13.66 -7.39% 1217426 Downgrades
AMCC 8.45 0.00% 0 Earnings After
PPBI 39.70 -0.87% 306752 Insider Selling

Holding:

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

$TRCH, Stocks, Trading, Report

$TRCH Strong Close, Post Market Stock Trading Report

Looking Forward:

Our algorithmic charting has been really on, so as with previous, that helps. $VIX and $SPY we’re locking down more and more.

The market itself has a number of potential $VIX catalysts (as does big oil) this week so I will be watching closely.

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:

09:54 am Curtis M : $SPY on descending algo path watching for reversal. $USOIL atching rigs at 1, GOLD watching resistance. No momos today yet.

11:52 am Curtis M : Algos turned off in Oil … watching main support around 51.65, $USOIL, SILVER over 17.35 small long and over 17.86 I will hammer down, Gold main resistance at 1201.82, $GDX see post on Rosie Twitter feed re top of algo quad, $SPY 3 Decisions yet to play out

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:23 am Mathew Waterfall : Woke up expecting weakness in the miners as I had an alert for 1180 gold on my phone. Looks like they may actually open up for a chance. Would be looking to go $JNUG or $NUGT around 22.9 $GDX level. Everything else Im holding
09:26 am Curtis M : Not excited about any momos
09:26 am Mathew Waterfall : Nope me neither. The whole week it seems like if you miss the gaps you miss the moves with a few exceptions
09:31 am Carol B : $MYOS
09:32 am Mathew Waterfall : $TLT Mar 17 126c’s for .4 this AM. Up and over my levels in a gap. Would be out if it slips past 119 on the downside on a closing basis
09:34 am Mathew Waterfall : $PULM rockings
09:37 am Sandra Q : In some $USO
09:39 am Lepki N : $PULM over 3 maybe or pullback
09:40 am Curtis M : yup
09:41 am Curtis M : Careful with $USO Sandra – getting tight
09:43 am Carol B : $HTBX action
09:44 am andrew l : Selling $BMY swing here
09:47 am Steve U : $HTBX start
09:48 am Flash G : $CAT decent actually here and $GOOGL likely off for a whle now but holding
09:49 am Curtis M : .
09:49 am Curtis M : Watching Gold resistance area today
09:49 am Curtis M : Watching crude for rigs at 1
09:50 am Mathew Waterfall : looks like the market wants a sell off here. Bradth, TICks trending down a bit
09:52 am OILK K : Out $INTC thanks Curt! from last night pow
09:53 am OILK K : Glad I’m not in $IDVN
09:56 am Mathew Waterfall : Covering some $GPS short here. Trade is taking time and effort away from others. Small win cover at 23.5 from 23.85 but nothing at all to beexcited about. If it pops I will reshort around yesterdays highs
10:00 am Mathew Waterfall : $IWM not looking so hot. Leading to the downside
10:00 am Cara R : Long $IBB
10:14 am Curtis M : $SPY holds 229.03 it could get lift
10:15 am Curtis M : Crude getting very close to a decision. Up or down next few days. It could continue sideways but ulikely
10:16 am Curtis M : Last algo line terminates Feb 2 so thats a huge sign of pop or drop
10:23 am Curtis M : Starting to lock in $SPY math finally lol
10:23 am Curtis M : Will take some time yet
10:24 am Scott K : Watching tyat close Curt
10:25 am Steve S : $NOVN back on hahahaha
10:30 am Curtis M : no fear at all yet – wierd thought there would be some at least
10:31 am Mathew Waterfall : Euphoric market. I cant spell it but I can call it
10:31 am Curtis M : lol
10:32 am Curtis M : Waiting for that big straight up spike and then bear raid – but who knows but would be nice for bank acount
10:33 am Mathew Waterfall : On the mic
10:33 am Curtis M : k
10:33 am Scott K : hey mat
10:38 am Curtis M : good point mat
10:38 am Lui S : yip
10:39 am gurpreet s : silver moving good timing
10:41 am Curtis M : Thanks Mathew – wisdom in there
10:41 am Mathew Waterfall : Hopefully a couple nuggets in my ramblings
10:41 am Mathew Waterfall : I’m watching $HTBX. should get some momo over highs
10:42 am Curtis M : oh ya
10:42 am Curtis M : your nuggets i am refering to
10:42 am Curtis M : $HTBX I’ve trade lots in past – its not the easiest but up overall on it
10:43 am Mathew Waterfall : thanks. What’s great about a room like this is we all have insight and wisdom to offer. Great learning environment for me I’ll say that much
10:43 am Curtis M : Me too
10:44 am Scott K : yes sirs!!!
10:44 am gurpreet s : some dumbness on twitter and stocktwits
10:44 am gary y : agreed
10:44 am Curtis M : thanks guys
10:44 am Curtis M : gals lol
10:45 am Curtis M : some day i will remember to turn on that video
10:47 am Curtis M : interesting $TRCH
10:47 am Roger S : I have to say that Mathew and Curtis I like the no bullcrap straight out
10:48 am Roger S : And the algos are getting really spooky hahahaha precise!!! Right Wei?
10:48 am Roger S : spooky thats funny
10:48 am Curtis M : $TRCH may go today a bit… may
10:49 am Curtis M : here comes gold
10:52 am Curtis M : $GDX never did get to top of that Quadrant – wierd it may yet
10:52 am Mathew Waterfall : I would give me 2 cents on $GDX but you already know what I think lol
10:53 am Curtis M : It may hit it on Feb 1…. off chance… thats Wed I think
10:54 am Mathew Waterfall : That would be nice. FOMC next week I believe right?
10:54 am Curtis M : Feb 1 around 4 pm
10:55 am Mathew Waterfall : That would be hilarious, FOMC is 1/31-2/1 and they release at 2pmtypically
10:55 am Mathew Waterfall : Right before would be awesome
10:55 am Mathew Waterfall : Quick break for me. Back in a few. I would say IM gonna scan which I will but not expecting to find much
11:01 am Curtis M : $GDX FEb 1 4 PM 24.97, Feb 7 12:00 24.63, Feb 13 24.26 1:00 PM are the 3 upside probabilities most likely
11:01 am Curtis M : That is if it is ascending
11:02 am Curtis M : Price hits top of quad 9 out of 10 times tho fyi
11:22 am Mathew Waterfall : Whatever silver had for breakfast, I want so of that!
11:23 am Curtis M : ha ya
11:23 am Curtis M : it gets up over 17.35 and holds it could be interesting
11:24 am Mathew Waterfall : I’ve had 17.3 on my charts for a while as well. For me next stop would likely be 18
11:24 am Mathew Waterfall : I called $SLW a mid 20’s stock by next week so for my own sake I hope Im right
11:24 am Mathew Waterfall : $HTBX also making highs FYI. I took a small order at 1.05 for a tester
11:25 am Curtis M : up over that area held is an anomoly so it could go if it does just saying…. I’d likely go in heavy myself – but it would have to hold 17.35 ish
11:25 am Mathew Waterfall : Agreed
11:26 am Curtis M : algos are still in oil
11:27 am Curtis M : thought they may back off with action in gold silver and spy
11:31 am Mathew Waterfall : $VIX. Single digit close before the correction?
11:31 am Curtis M : lol
11:31 am Mathew Waterfall : Seems to be no fear in this market which makes me nervous. Lowest close back to 2014 was 10.28
11:31 am Mathew Waterfall : Could take that out today
11:33 am Curtis M : Actually 17.86 held is my hammer down long Silver point… 17.35 I’d likely only take a 1/10 size or 1/5 at most then hammer at 17..86
11:33 am Mathew Waterfall : Looks like thats actually the lowest close in the last 10 years basically with a couple 9 handles in 07
11:33 am Curtis M : y alol
11:34 am Curtis M : Trump factor
11:34 am Mathew Waterfall : I would expect some selling in the miners here but silver IMO is on its way
11:34 am Curtis M : Trump factor should work both ways through his time tho
11:35 am Curtis M : theres your tell on algos n oil
11:37 am Curtis M : Oil support at 51.62 $USOIL
11:37 am Curtis M : Main support that is
11:37 am Mathew Waterfall : I’ve been stearing clear of oil as of late. Tough to get a read there for me
11:38 am Curtis M : That ol support puts Silver at right near 17.83 FYI
11:39 am Curtis M : And it puts Gold near that main resistance red arrow at 1201.64
11:39 am Mathew Waterfall : And there’s our miners selling right on the back of a USD ramp
11:39 am Mathew Waterfall : I’m getting my timing down with those calls lol
11:41 am Curtis M : $SPY stalled at resistance
11:48 am Mathew Waterfall : $GV for a swing along with gold. I was wrong about this earlier in the week about buying the breakout so I have been looking for a pullback. Stop under todays LOD
11:49 am Mathew Waterfall : This is a small starter. Will be looking to add either direction most likely
11:52 am Mathew Waterfall : I expect the dollar to cool a bit here. Running into down trend and neckline. close under 100.49 preferable
11:54 am Curtis M : Distance between 1190.20 and 1201.64 in Gold tough area to trade
12:09 pm Curtis M : taking a break before 1pm rigs and afternoon session back at 12:40 EST at latest
12:09 pm Mathew Waterfall : 10-4. $HTBX still running nHOD
12:16 pm Curtis M : were crashing may have to reboot
12:29 pm Curtis M : Gonna make a pot of coffee back in 15
12:50 pm Mathew Waterfall : $VIX products tempting me here. Historically VIX doesn’t stay this low for long though the leveraged VIX stuff can wear you down in roll fees.
12:50 pm Roger S : me too
12:52 pm Curtis M : Rigs on deck
12:57 pm Curtis M : Breadth not the best on $SPY but be careful
12:58 pm Curtis M : Theres a bear on Twitter calling for lower oil to 38 through this whole uptrend and well ya its 53 ish
12:58 pm Mathew Waterfall : Very similar to yesterday so far. Not much moving the market here
12:59 pm Mathew Waterfall : lol I love those people. At least they stick to their guns albeit the wrong guns lol
12:59 pm Curtis M : lol
12:59 pm Curtis M : rather be right than make money
12:59 pm Mathew Waterfall : I like be right but my mortgage company doesn’t accept that every month which is weird…
01:00 pm Mathew Waterfall : *to be
01:00 pm Curtis M : haha
01:00 pm Mathew Waterfall : +15 rihs. not much movement
01:01 pm Mathew Waterfall : *rigs. Jesus I can’t type
01:01 pm Curtis M : ya Fris quiet with rigs wanted to watch just in case
01:01 pm Mathew Waterfall : Sitting right on the 10 day on the 5′ chart
01:02 pm Curtis M : we get past pit close and market could get lift fyi and Trump on TV soon I think?
01:02 pm Scott K : he was supposed to be yes
01:02 pm Mathew Waterfall : Probably to talk more about Mexico
01:02 pm Scott K : with Theresa May
01:03 pm Mathew Waterfall : Breaking down the $VIX chart. Looks like ref low of 10.28 and I have a downtrend right under 20. 3/4 recent pops have made it to the trendline
01:07 pm Curtis M : Bear going off on Twitter 1200 Gold – the number is 1202.42 don’t listen
01:08 pm Curtis M : Red arrow is the mark on Gold
01:10 pm Curtis M : Gold is in a downtrend. That can’t be argued. Simple price action charting. Until that red arrow breached and tested Gold is not in reverse trend.
01:11 pm Curtis M : And even then it has to prove out other resistance areas. Gold could hit that red arrow and vsit 900 easy.
01:11 pm Curtis M : Not saying it will o wont but you dont bank guesing.
01:12 pm Mathew Waterfall : I think we are reading this a bit different. I agree with you, but we did get a successful break and backtest of the 23.6 at 11.84 which tells me we go 1221 unless we break under 1184.1 again
01:12 pm Curtis M : Between the blue arrow and the red arow it is anybody’s guess.
01:13 pm Mathew Waterfall : That’s how I’m reading it and why I don’t mind playing this mid level because my stop is fairly close
01:15 pm Mathew Waterfall : That’s the thing about charts though, you can often twist them to say what you want which makes trading without a bias very hard. My Macro view of lower dollar is also leading me here. We’ll see if I’m right
01:15 pm Curtis M : Gold got a bounce but it hasn;t reversed trend – depends on timeframe I suppose – but I’m talking about wide frame trend. Sure, it bounced from lows but not a trend reversal. And yes all on timeframe bbut the young traders don’t get the frames they get chopped. And big money in trend reversal hammer time lol
01:16 pm Curtis M : I’ve had sooooo many conversations with newer traders in latest Gold trade that have been killed cause they listened to wrong stuff – Mat you can trade it – many peeps can’t they haven’t got the skillset yet
01:17 pm Curtis M : here comes its test lol
01:17 pm Mathew Waterfall : To me it goes back to trading your play and having discipline. If this thing folds on me I’m out and not going to be blinded by my hopes and dreams of 1300 gold right around the corner. You also have to be quick to take profits
01:18 pm Curtis M : ya many new traders just haven’t got the toolkit yet to do what you can do or see what you can see
01:19 pm Curtis M : you should see the questions I get
01:19 pm Mathew Waterfall : Which IMO is compounded when you’re using levered ETFs too frequently. I like them, but to load up on them like some newer traders do is very risky
01:19 pm Curtis M : yup
01:20 pm Curtis M : So here lol heres my timeframe for downtrend
01:21 pm Curtis M : lol
01:22 pm Curtis M : For a trend reversal I need 1220 plus
01:22 pm Mathew Waterfall : 1221 and 1223 bit levels for me. Obvious when we look back at this week and we couldn’t even crack 1219
01:22 pm Mathew Waterfall : Also FYI I chart using /GC so my levels are often a point or 2 higher than your GOLD chart
01:23 pm Curtis M : Ya
01:23 pm Curtis M : Other thing is at levels it got to it should have continued and didn’t whch was wierd
01:24 pm Curtis M : Above 1210 ish it should have held and didn’t
01:24 pm Curtis M : odd
01:24 pm Mathew Waterfall : Had more to do with the dollar there I think
01:25 pm Curtis M : ya that part the roaring bear has right
01:25 pm Curtis M : lol
01:25 pm Curtis M : talking about twitter
01:25 pm Mathew Waterfall : Seriously. Just like me he has some nuggets in there but also some crazy talk
01:25 pm Curtis M : haha
01:26 pm Curtis M : normally, over that blue lne on that chart the price would have held
01:26 pm Curtis M : just talking probabilities
01:26 pm Curtis M : based on backtesting 5 years
01:27 pm Mathew Waterfall : Huge up day for dollar yesterday. I still have the dollar in a H&S pattern though Im following that until it breaks
01:27 pm Curtis M : Its almost like Trump and Japan are n on it together to keep Gold down
01:28 pm Curtis M : its very odd
01:32 pm Steve S : way i see it guys is the bear haha is going off about gold and silver up this year but not up since summer last year way way lower and can always go lower too so ya my opinion
01:32 pm Steve S : so I trade price and trend
01:34 pm Caide X : Curtis – last fall you were saying lower and stayed with that and we’re lower and now if I understand you are saying let it decide – or prove a reversal or continuation correct?
01:35 pm Curtis M : good way to put it yes correct
01:35 pm Caide X : 🙂
01:36 pm Curtis M : This move today in Silver is an anomoly FYI but it needs 17.86 and higher held to be a reversal n our modeling
01:36 pm Caide X : Yes, I got that too thanks.
01:37 pm Curtis M : But Caide that means I will miss some of the start of every move too.
01:37 pm Caide X : Right.
01:38 pm Caide X : For example then, with Gold, when is the downtrend re-confirmed?
01:41 pm Mathew Waterfall : wow just saw a chart on bloomberg of SPX/VIX at the widest split ever. Crazy
01:41 pm Curtis M : yup
01:41 pm Mathew Waterfall : People say bull markets end on euphoria and people aren’t euphoric yet. I would say that might be changing if no one is worried about the downside
01:42 pm Curtis M : theres gong to be a lot of first 🙂
01:43 pm Curtis M : Caide you watchin?
01:44 pm Caide X : were all watching – ready
01:44 pm Curtis M : In our modeling heres a trend
01:45 pm Curtis M : And here is a reversal that failed
01:45 pm Curtis M : July 4 or so last year
01:46 pm Curtis M : So when we published targets at 1163 and possibility for lower we knew there was a revrsal coming because of anomolies in trade
01:47 pm Curtis M : In that red cricle there were things hapening in trading that didn’t happen before so we knew reversal was going to fail
01:48 pm Curtis M : Then wwhen it hit 1163 we said there was a 90% chance it would continue to bottom of quadrant and it did
01:49 pm Caide X : So where does it completely prove itself as an uptrend?
01:49 pm Curtis M : Its stages of decisions as it goes
01:51 pm Curtis M : wide view it needs approx 1215 then 1250 then and so on1374 and gone but chances are very slim until things change (but I’ve given more precise targets too you can look at in our notes etc but I think you get idea
01:51 pm Curtis M : So downtrend is…
01:52 pm Curtis M : Show me 1124 or lower first then…
01:52 pm Curtis M : then evry step down needs to be lower to kep a trend
01:52 pm Curtis M : basic lol I know
01:53 pm Caide X : I get it
01:53 pm Caide X : So make the decisions based on lower frames like in your newsletters and stay with trend while it confirms along the way, correct?
01:53 pm Curtis M : YES!
01:54 pm Curtis M : amen lol
01:54 pm Caide X : Thats what Fibonacci Queen always says. Decision to decision and confirm.
01:54 pm Mathew Waterfall : Winner winner on that caide
01:55 pm Curtis M : ya she’s awesome
01:55 pm Curtis M : Price Trigger Trade
01:55 pm Caide X : Thanks Mathew
01:56 pm Curtis M : The triggers are what I’ publishing and I’ll walk you along decision by decision in newsletters as trend moves
01:56 pm Curtis M : Like with oil, you know the very specific decisions.
01:56 pm Curtis M : Yellow line at top resistance and that blue trendline at bottom support per newsletter
01:56 pm Caide X : Right
01:57 pm Curtis M : So thats why Silver needs 17.86
01:57 pm Curtis M : Gold needs 1202.48
01:58 pm Curtis M : For longs… and when you enter if it fails you have stops
01:58 pm Caide X : Got it thanks
01:58 pm Curtis M : No Prob webinars coming
02:01 pm Curtis M : If you got a long on Gold at 1202 ish you could likely run it to 1300 without a worry just rathceting stops as you go
02:01 pm Curtis M : ish
02:01 pm Curtis M : decision to decision
02:01 pm Curtis M : here coms test again
02:09 pm Mathew Waterfall : $SSRI hit the volume scanner so silver miners seeing some nice flows here
02:09 pm Mathew Waterfall : They frontran the move a bit last week into this weeks pop and drop
02:10 pm Curtis M : getting jiggy
02:12 pm Jon R : $JUNO jiggy Curt
02:12 pm Curtis M : thx
02:14 pm Wie W : Bear on Twitter losing his mind in case you care.
02:15 pm Curtis M : haha I would be frustrated to
02:15 pm Curtis M : Gold looking bullish intra tho
02:15 pm Mathew Waterfall : I wonder how some of these guys make money. It sounds like some of them run funds and I believe they have something to do with managed money as they discuss in depth issues at times, but seeing P?L sheets would be funny
02:16 pm Curtis M : ya…. you and I will talk soon, we have insight
02:16 pm Curtis M : later date soon
02:17 pm Curtis M : could pop here tho lol
02:18 pm Deni T : $URRE guys pop
02:18 pm Mathew Waterfall : Seeing some nice QQQ call buying today. Only real big orders on the indexes overall
02:18 pm Curtis M : Qs have the big boys in now
02:18 pm Mathew Waterfall : yepp and rolling into more earnings next week
02:20 pm Mathew Waterfall : Bonds grinding nicely here to. Would love for $TLT to get going for me
02:25 pm Curtis M : $TRCH strong price considering indicators aren’t revving
02:25 pm Curtis M : Very bullish
02:28 pm Curtis M : OIl!
02:28 pm Curtis M : oily!
02:28 pm Curtis M : pit close
02:31 pm Curtis M : That was actually a positve pit close considering
02:32 pm Mathew Waterfall : Yepp kind of a surprise. Still seems stuck in that chop though. OIL that is
02:32 pm Mathew Waterfall : Well same could be said for most of the market
02:32 pm Curtis M : oh ya it is but time cycles coming to end soon so thought we may see panic…. interesting cause oil has a mjor major resistance overhead
02:33 pm Curtis M : interetsing times
02:33 pm Curtis M : but its in sideways till it isn’t lol
02:33 pm Curtis M : $TRCH may pop
02:33 pm Mathew Waterfall : Yepp let that one show its hand before I jump in
02:33 pm Curtis M : yup
02:34 pm Curtis M : good way to put it – I think I’ll steal that if I may lol
02:34 pm Mathew Waterfall : Sure thing
02:37 pm Curtis M : $TRCH jiggy
02:37 pm Curtis M : Gary you’ll have to look at chat logs when publishd lots of info – just notced you’ve been in and out today is all. Just a heads up. Lots of data n chat.
02:38 pm Curtis M : If you’re holding $TCH anyone you may want to consider selling
02:38 pm Curtis M : I’m not tho not right this minute
02:38 pm gary y : will do
02:39 pm Mathew Waterfall : Over that high looks decent to me, indicators are turning favorable
02:39 pm Mathew Waterfall : Thought Friday afternoon on a boring day might not lead to much volume here
02:39 pm Curtis M : It;s a permian play
02:39 pm Curtis M : I have a 2.80 target but u never know
02:39 pm Curtis M : 2.80 – 4.20
02:40 pm Mathew Waterfall : The Trump factor will have to cooperate
02:40 pm Curtis M : yup
02:49 pm Curtis M : Well this is interesting…. Silver at decision, Gold at decision, SPY well you know, Crude coming up on decison and market momos bla…. I have seen this before – I’m old – and my guess because end of month end of Tuesday we have a barn burner Mon and Tues up or down likely up bullish – just my guess.
02:50 pm Mathew Waterfall : Or as I would say: Them dice is hot!
02:51 pm Curtis M : lol gambler Mathew – like my wife the poker player
02:51 pm Mathew Waterfall : I actually hate gambling and casinos
02:51 pm Mathew Waterfall : Not for me
02:52 pm Curtis M : I quit I was a bacarrat guy… done
02:54 pm Mathew Waterfall : Seems like I hear that story often. I just don’t enjoy it and can understand both the entertainment and skill sides to the games just not my cup of tea
02:55 pm Curtis M : No skill in bacarrat just balls of steel and stupidity and drinking stuff like that at least poker has skill involved lol
02:56 pm Mathew Waterfall : haha I’ve never even played that game I know the basics and that’s about it
02:57 pm Curtis M : here it comes
02:58 pm Mathew Waterfall : Just like last friday except we were looking for 1210+. I’ll take 1200 lol
02:58 pm Curtis M : It may pop decet here
03:03 pm Steve S : Curt I don’t know what t o do $TRCH is my play this week!!! Sell?
03:04 pm Curtis M : Can’t tell you what to do
03:04 pm Curtis M : I’m holding but its a small play for my portfolio
03:05 pm Cara R : I’ll tell you what to do Steve!
03:05 pm Cara R : Curt always wins bahahaha
03:05 pm Curtis M : omg
03:07 pm Steve S : I have seen him loose but small. Always small. I think its a good story $TRCH and Mathew is right its all about Trump.
03:07 pm Curtis M : Of course I lose:)
03:08 pm Curtis M : Would like 1 play here
03:08 pm Curtis M : Buy momma a new dress
03:13 pm Curtis M : $LGCY strong too fyi
03:19 pm Mathew Waterfall : Daily volume on /ES is pitiful. I’m not playing anything this afternoon don’t want to get trapped
03:24 pm Curtis M : ya its beer timme but i’ll be here in office and close down at 4
03:24 pm Mathew Waterfall : interesting flows taken from twitter
03:24 pm Mathew Waterfall : This wk: -$5.7b outflow from domestic equity MF and ETFs. Last 7 wks = -$7.0b out+$2.8b inflow to taxable bond funds. Last 6 wks = +$0.9b
03:25 pm Mathew Waterfall : Seems to me smart money is moving into bonds a bit out out of equities
03:33 pm Curtis M : Well Mat – Gold up or down Sunday night?
03:34 pm Mathew Waterfall : Let me warm up the crystal ball one sec
03:34 pm Mathew Waterfall : Up on USD weakness
03:34 pm Curtis M : I need a good week next week or I will snap fyi – need some action and I know I’m not the only one lol so it’s gonna get jiggy.
03:34 pm Curtis M : I see horns on that $TRCH chart
03:34 pm Mathew Waterfall : Monday sees similar action today before more weakness overall thanks to a VIX spike that finally happens
03:35 pm Mathew Waterfall : Many things are looking week and or double toppy
03:35 pm Curtis M : interesting well give me up or down plz thanks Mat
03:35 pm Mathew Waterfall : Market needs a small correction to draw in new money. I say downside liquidation break into mid week with FOMC on deck
03:36 pm Mathew Waterfall : Gold up but not much. Holding anything now hoping for huge gap on Monday unlikely
03:37 pm Mathew Waterfall : Watching USD close into the close. Under 100.49 and I will get more bullish metals over the weekend. I do like VIX products here though
03:38 pm Mathew Waterfall : That’s my crystal ball. $TLT 121 by next friday, gold sees 1220 test, and silver gets to 17.5 before floating around. All of this is assuming no rate hike next week. Those are my calls
03:40 pm Curtis M : 🙂
03:40 pm Curtis M : Sound reasonable.
03:40 pm Mathew Waterfall : I echo your statement in needing a good week. This week was boring and hard to make much $$$
03:41 pm Curtis M : very tough
03:41 pm Curtis M : last 8 market days
03:41 pm Curtis M : maybe 7 lost track
03:42 pm Mathew Waterfall : Yepp chop city with no volume. That is what is making me very suspicious of what’s going on under the hood here. Kind of feels like some players are unloading quietly. I have seen some big dark pool prints and not a lot of conviction in the call buying as well. Clues possibly
03:42 pm Mathew Waterfall : Not that large money is always right, but they have the good info more often than not
03:43 pm Curtis M : ya
03:44 pm Curtis M : I’m being overly optomistic – my thesis is generally that guys like us are like wtf can we just get on wth some action lol
03:45 pm Mathew Waterfall : Exactly. I don’t care what direction we go, I just want to go somewhere. I have no interest in calling turns or tops/bottoms. I just want a trend to play
03:45 pm Mathew Waterfall : top calling is futile and will leave you broke more often than not
03:46 pm Curtis M : I see Silver bulls on Twitter
03:54 pm Mathew Waterfall : MOC useless today as well
03:55 pm Mathew Waterfall : Have a good weekend all. I’m out of here shortly. Basically a sideways week for me. Small gains but nothing to write home about. Hopefully we get some volatility sooner or later or I’m going to have to take up wood carving to have something to do
03:55 pm Curtis M : You too Mathew thanks enjoy!
03:55 pm Lui S : Ya thanks guys!
03:55 pm Deni T : Peace Mat!
03:56 pm Caide X : $RGSE guaranteed dead dog
03:59 pm Curtis M : $TRCH nice close
04:00 pm Curtis M : Cya guys and gals enjoy your time down!
04:01 pm Steve S : bye
04:01 pm Steve S : thanks curt

Be safe out there!

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https://twitter.com/curtmelonopoly

Article Topics: $GOOGL, $DUST, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


My Stock Trading Plan for Friday Jan 27, 2017 in Trading Chat room. $PLX $DGAZ, $WYNN, $NEOT, $GOOGL, $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

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

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

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

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

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

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

Current Holds:

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

General Market Outlook:

Very bullish. I’ll turn bearish when it’s bearish. Things are rocking in the right way. The swing trading portfolio is hot with our swing trade members (raging hot), our algos are hitting like mad, the market is doing exactly what we thought it would and onward and upward!

$USD/JPY has been on a face ripper as expected (obviously as I’ve been sitting in $DUST without a hesitation).

Big updates coming this weekend as Gold and Silver back near original price targets and Oil getting closer to serious resistance and $SPY on all time highs with $VIX crushed and the $USDJPY factor. Lots happening.

I know from talking to some of you it has been difficult lately (and really good for others) – my best advice – STOP LISTENING TO PEOPLE ON TWITTER – ESPECIALLY THOSE THAT ARE NOT TRANSPARENT WITH CALLS AND YOU DON’T EVEN KNOW WHO THEY ARE. Sorry, but there’s been some raging bears lately that have taken sheep RIGHT OFF THE CLIFF!!! We have stops for a reason. If market is going up go up and set stops. Go bear when its bear. You can go bear any second. And I guess my second advice is listen to the algos – I had to learn to do that – its good for you. I’ve come to realize that. Tune out the noise.

I’m winning for a reason and those bears that have people losing tens or hundreds of thousands lately have done you no favors. A bearish peace of advice is easy – set a stop and tune out the rest. I wanna be a bear more than anyone – I BANK WHEN ITS BEAR TIME – but it isn’t a bear till its a bear.

Per yesterday;

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

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

Per previous;

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

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

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

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

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

Morning Momo / News Bits:

Momo Watch:  $PLX $DGAZ $WYNN $NEOT

$TRCH, Premarket, Trading Plan, Stocks

$TRCH in Premarket + 17.67% Thursday + 5.75% #Premarket

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers:  $PLX 17%, $DGAZ 8%, $WYNN 7%, $NEOT 5%, $MTL $VMW $WHLR $PULM $JDST $IBN $SBGL $DWT $MSFT $DUST $ARLP $FCAU $INTC

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

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

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

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

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


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

Intro:

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

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

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

Notices:

Per Yesterday;

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

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

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

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

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

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

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

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

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

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

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

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

$TRCH Bull

$TRCH Bull

Momentum / Noteable Stocks Today:

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

Holding:

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

Looking Forward:

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

Per last report on Tuesday;

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

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

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

Also looking at the Trump “wall” trade 🙂

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

Announcements in Trading Room:

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

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

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

Be safe out there!

Follow our lead trader on Twitter:

https://twitter.com/curtmelonopoly

Article Topics: $GOOGL, $MSFT, $DUST, $INTC, $JUNO, $CBMX, $ROKA, $TRCH, $LGCY, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


My Stock Trading Plan for Thursday Jan 26, 2017 in Trading Chat room.  – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

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

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

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

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

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

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

Current Holds:

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

General Market Outlook:

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

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

 

Per previous;

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

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

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

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

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

Morning Momo / News Bits:

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

8:30
Jobless #

8:30
Int trade
Chicago Index

9:45
Index Flash

10a
Home Sale

10:30
NG #’s

11a
KC Mfg

1p
7Yr Note

4:30
Fed Bal Sheet

Wholesale Inventories Dec. 1.0%, Exp. 0.1%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers:  $AVGR 37%, $MGI 30%, $FFHL 23%, $FNCX 22%, $RLMD 18%, $CAPN $NURO $VNR $LGCY $URI $UGAZ $PKX $NOW $EBAY $JDST $DUST

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

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

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

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

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

(6) Downgrades: $JNJ $ACAT $NAP $CDXS $IGT $MAT $HOPE $MDP $WOOF $HSKA $VAR as time allows I will update before market open or refer to chat room notices.

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

$AVGR, PREMARKET, Stock, Trading, Plan

$AVGR PREMARKET – Stock Daytrading Trading Plan

Study:

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

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

http://finviz.com/

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

http://www.highshortinterest.com/

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

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

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

GL!

Curtis

 

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


My Stock Trading Plan for Wednesday Jan 25, 2017 in Trading Chat room.$URRE $GSAT $BIOC $ACAT, $LOGI, $NEWR  – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

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

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

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

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

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

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

Current Holds:

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

General Market Outlook:

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

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

Per yesterday;

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

Per previous;

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

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

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

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

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

Morning Momo / News Bits:

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

$NEWR, Stocks, Trading Plan, Premarket

$NEWR PREMARKET – Stock Market Trading Plan

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

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

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

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

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

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

MBA Mortgage Apps
7:00 AM ET

House Price Index
9:00 AM ET

Petroleum Status Report
10:30 AM ET

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $ACAT, $LOGI, $STX , $NEWR, $WDC $AA $SAN $RAD $FNSR $CENX 

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

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

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

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

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

(6) Downgrades: $COH $JCOM $VZ $OKE $SFNC $COH $BT $LUV $AKS $KATE $BPOP $CONE $PII $TEN $FITB $H $VOD as time allows I will update before market open or refer to chat room notices.

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

Study:

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

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

http://finviz.com/

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

http://www.highshortinterest.com/

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

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

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

GL!

Curtis

Article Topics: $URRE $GSAT $BIOC $ACAT, $LOGI, $STX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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