All small to mid size holds in this order according to sizing – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.
Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.
Ten-year yield back at top of range http://seekingalpha.com/news/3249490-ten-year-yield-back-top-range?source=feed_f … #premarket $TLT $TBT
Health Insurance Innovations down 13% premarket on pending stock sales by shareholders http://seekingalpha.com/news/3249489-health-insurance-innovations-13-percent-premarket-pending-stock-sales-shareholders?source=feed_f … #premarket $HIIQ
Vera Bradley’s stock plunges 14% premarket after Q4 results.
Express Stock Drops Premarket on Weak Guidance $EXPR
Retailers Express and Urban Outfitters each issued weak outlooks. $EXPR down 10% #premarket. $URBN down 7%.
The Children’s Place +7% after doubling dividend, adding buybacks http://seekingalpha.com/news/3249467-childrens-place-plus-7-percent-doubling-dividend-adding-buybacks?source=feed_f … #premarket $PLCE
$CAT-astrophe? Caterpillar down 3% #premarket after NYT reports about last week’s probe by feds. Cites accusations of tax/accounting fraud.
PetroQuest Energy -9% premarket after wide Q4 earnings miss http://seekingalpha.com/news/3249497-petroquest-energy-minus-9-percent-premarket-wide-q4-earnings-miss?source=feed_f … #premarket $PQ
$ABEO Receives Orphan Drug Designation in the European Union for EB-101 Gene Therapy Clinical Trial for Epidermolysis Bullosa[+]
FDA to review Keryx Bio’s application for expanded use of Auryxia; shares ahead 5% premarket
Ladder Capital down 5% as backers sell http://seekingalpha.com/news/3249505-ladder-capital-5-percent-backers-sell?source=twitter_sa_factset … #premarket $LADR
If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).
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:
I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List: $HIIQ $URBN $LAND $AUPH and $FMBI. 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: $IPXL $WFT $OMC $EVH $NAV $BXE $SWKS $CCI $MIK $UDR $AVB $VOD as time allows I will update before market open or refer to chat room notices.
(6) Downgrades: $GOLD $BT $URBN $NMBL $FIG $AF $NSM $TV 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).
Silver Trading Chart Update Wednesday Mar 8, 2017 $SLV ($USLV, $DSLV) Chart and Algorithm Observations
My name is SuperNova the Silver Algo. Welcome to my new Silver trade report for Compound trading.
Current Silver Trade
A quick mid-week chart update to keep you in the loop with some of the levels our developers / traders are watching in the trade of Silver / and will be watching during trade.
In a recent chart (email post to members not in a public blog post) I explained at the orange circle (the end of the dotted white line in uptrend) that this was an extension area (price target) that was likely to fail. It has.
Now that price has failed at the price target, the next indicator to watch is the 100 MA crossing the 200 MA on this chart. The blue line crossing the pink line. If this occurs, there is an 87% chance Silver will see new lows (at which time I would update the chart and notify members).
You also want to watch to price levels, the first is at the orange arrow on the chart below at 17.293 and the other at 17.153. If price loses the orange arrow and stays under for a complete trading day and the cross-over above has occurred, there is then a 92% chance Silver will trade much lower (again I would update).
If price loses the red arrow and has lost the MA cross-over there is then a 97% chance Silver will trade significantly lower.
As price confirmation progresses I will update members.
SuperNova $SILVER algorithm chart modeling 652 AM Mar 8 $SLV $USLV $DSLV
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Mid-Week Gold Trade Update
The last blog report (vs. direct email reports) I explained the upside targets and lower targets to watch for to confirm uptrend break-out or downtrend break-down.
In overnight trade Gold is just under the break-down point!!!
I will explain in more detail what I am looking for below to confirm the trend reversal to the upside (bullish).
1260.64 – 1261.16 has to hold as a low on the daily and not be breached at any point during trade on any day going forward (pick a number between those numbers if you like – to be safe 1261.16). 1261.57 is the 200 MA on the daily 1 year chart – as above, trade needs to be above it and not breach it to the downside at any point intra-day going forward. When those two things occur, then the broad trend reversal is in place as far as our modeling is concerned.
What confirms a bearish trend?
A continuation to the downside (broad trend) is highly probable if Gold trade loses 1216.80 and trade at no point intra-day breaches that point to the upside.
Rosie Gold Algorithm Chart Model Worksheet Mar 8 615 AM $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST
Rosie Gold Algorithm Chart Model Worksheet Mar 8 615 AM $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST
If you review the chart you will see that trade intra-day (at time of writing) is just below the bearish sentiment price outlined in my previous post. You will also notice this corresponds with a trading quadrant (they are the blue lines).
If price stays below this mark for one complete trading day and closes below it there is a VERY HIGH PROBABILITY OF LOWER TARGETS.
For now, I will leave it at that and wait for confirmation and update you as soon as the confirmation is in place with the specific upward or downward targets to trade according to which occurs.
Good luck with your trades and look forward to seeing you in the room!
Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo and I am one of six Algorithmic Charting services in development at Compound Trading.
NOTICES:
MULTI-USERS: Institutional / commercial platform now available.
PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.
24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures in 2017 and will have 24 hr crude oil trade room.
SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.
HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in our new 24 hour oil trading room).
Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; [email protected], message our lead trader on Twitter, or message a lead trader privately in the trade room.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.
FX: $USOIL $WTI Observations:
Below is the link for the live EPIC the Oil Algo Live Trading Chart for Wednesday Mar 8, 2017.
Crude algo intra work sheet 508 AM Mar 8 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Crude algo intra work sheet 508 AM Mar 8 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.78 at 5:15 AM EST Mar 8, 2017. Some thoughts with respect to traditional charting that may help advance the trading edge:
At time of post oil is trading at 52.78 (exactly where it was on my Monday morning report).
Oil trade has lost both near lower diagonal trendline supports (blue diagonal lines trending up). Although significant, this does not mean oil trade is out of recent sideways range – among other less significant horizontal supports, there are two important supports yet below current trade – one at the yellow line (51.98 – horizontal support extending from previous trading time price cycles) and one at the silver line (50.96 – Fibonacci horizontal support). If trade loses 50.96 and does not regain it, this would signal (with very high probability) a new trend – downward.
There is a diagonal trend-line resistance (blue) intraday at 55.02 (trending down) that is considerable (thick line as it comes from previous time price cycles) and diagonal trend-lines that were recently considered supports but are now resistance (blue) at 53.54 and 53,86 trending up.
There is horizontal resistance (yellow) at 54.33 that has been breached a number of times (that can also act as support) and horizontal support (yellow) 51.98. Our traders execute trades at these widths with limited confidence (considering trade has breached at least 54.33 with relative ease).
Between the horizontal support and resistance lines (mentioned above) are miscellaneous horizontal support and resistance lines (purple) and Fibonacci levels (various other colors not listed – which are the various other thin lines – I’ve marked one with a green arrow) that act as minor intra-day support and resistance.
Also, the Fibonacci based diagonal algo trend-lines lines that make up trading quadrants on various time cycles (in this instance the 30 minute shown – they are white dotted diagonal lines) act as intra-day support and resistance (very light – remember, the thicker the line the more important it is). Also note, price action will default to the white dotted fib algo quad lines when the red dotted alpha algo lines are abandoned (or absent the chart current trading range) for one reason or another (but remember the red dotted lines are alpha).
The alpha algo lines (red dotted) also act as intra support and resistance (more-so than the secondary algo lines which are white dotted). There are no alpha algo lines on the current chart as current trade is sideways and not trending upward or downward. As a result, predictability plummets in sideways trade with algo targets (when trade is in an upward or downward trend the targets become very predictable).
The most important item on this chart is the diagonal trendline (blue) on a downward trend (that I have mentioned in numerous reports the past weeks) that will act as significant resistance.
The comments below apply again for this week’s trade report. There are no red dotted alpha algo lines or alpha algo targets in the immediate trading range – so this makes targets difficult to predict, I have however marked the most likely secondary algo targets to hit. As soon as oil trades with a confirmed break-out or break-down the alpha algo targets will be in play again and subsequent targeting will also become more clear. At issue (with the alpha algo targets and trendlines) is that while oil is trading in a sideways range it becomes difficult to establish alpha targets.
Pre previous; There are however now secondary targets along the white dotted algo line – so they are not official calls but are targets noted because there are no alpha targets currently in range – and when there are none we default to the secondary algo lines (white dotted) and time of reports on Tues, Wed and Fri each week (see explanation below).”
Multi Week Trading Range for Swing Trading:
Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).
Trade the ranges noted above.
Diagonal Trend Lines:
Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.
Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!
The diagonal trend-lines are marked on main chart above.
Price Action with 20, 50, 100, 200 MA
It is wise to study how the 20, 50, 100, 200 MA trade on each time-frame before trading oil related instruments (see previous posts).
Fibonacci Levels:
Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.
The Fibonacci lines are marked on main chart above.
Horizontal Trend-Lines (purple):
Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.
Horizontal trendlines are marked on charts above.
Advanced Charting:
Respect support and resistance lines: If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.
Oil Time / Price Cycles:
Watch your email and / or my Twitter feed for time price cycles they may start to terminate.
Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.
The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.
So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.
Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.
If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.
Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):
To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.
The alpha algo trend-lines are not marked on main chart above (THERE ARE NO PRIMARY ONES IN THE CURRENT TRADING RANGE, ONLY SECONDARY WHITE DOTTED).
Current Alpha Algo Targets (Red circles):
Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).
The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.
Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.
Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.
The algo targets are marked on main chart above, but are not official calls as they are on secondary algo lines and not primary algo lines.
Current Algo Targets:
While price is in a horizontal range it is unfortunate but predictable alpha algo targets cannot be determined, however, I have added secondary targets to the report as noted above and on chart – but these are not alpha targets so they are not official calls. Keep in mind that recently Friday targets have hit as well as Tues and Wed and that on Friday’s it is common for price to be exactly in between two targets.
Also keep in mind, specific to the charting in the current range, where there are no primary algo lines or targets and only the secondary white dotted Fib based algo lines that any of these secondary lines that cross over the time marked with vertical line (Tues 4:30, Wed 10:30, Fri 1:00) can be considered a target. I have simply marked the most probable targets with circles but any of the areas where the white dotted lines cross the vertical dotted lines on Tues, Wed or Fri could be considered targets.
Price hits primary and secondary targets near exact for Tues 430 published Sunday. Crude algo intra work sheet 445 PM Mar 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Price did hit both the primary and the secondary targets on Tuesday at 4:30 PM. I guess I shouldn’t be surprised considering there are no alpha targets or alpha lines to be found near on chart.
Price hits primary and secondary targets near exact for Tues 430 published Sunday. Crude algo intra work sheet 445 PM Mar 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Intra-day trading quadrants are available on all time – cycles and all of them are not detailed on this charting. The charting above represents the 30 minute trading quadrants. If you require tighter time-frames please email us and we will update charting for the time cycle you are looking for.
Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.
Indicator Methods:
As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).
Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:
Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.
You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.
We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.
Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).
Conclusion:
See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.
You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.
Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.
PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed Mar 8 433 AM $ES_F $SPXL, $SPXS
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed Mar 8 433 AM $ES_F $SPXL, $SPXS
Some notes on $SPY Price Extensions and Targets
Recent Trade – $SPY price action has been hitting our upside price targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade. The downward trade target published in Monday’s report is very near hit in current trade – you can consider it hit for trade planning purposes.
Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.
Trading Quadrants – The trading quadrants have been moderately predictable – I am leaving them as they are for now.
Symmetry Extension Targets – As noted in previous report, the previous report upside target was hit again and now the lower trade price target has been hit! The new chart includes an upside and downside trade target. Most probable revised upside if trade is in uptrend is now 240.78 before a decision. Most probable downside price target if trade is in a downtrend is between 233.12 and 232.75 before a decision.
Time / Price Cycles – There are currently no significant cycles in the charting. There is however a significant time / price cycle terminating in $VIX sometime between now and end of day March 10, 2017 (could extend in to Monday the 13th).
Trading Bias – Current bias is to the long upward trade target side.
This chart (below) I am not updating in this report as the levels are still in play.
30 Min Chart Trading Ranges with Fibonacci, MAs, VWAP , Cloud, AO, TSI , Stoch RSI . S&P 500 -0.21% $SPY Trade Charting Mon Mar 6 710 AM $ES_F $SPXL, $SPXS
Below are the levels our traders will be using for intra-day trade. The Fibonacci indicator settings have proven to be very precise in recent trade. The upside extension in this chart model is very similar to the chart above.
Trade action is following the upper alpha algo line closely (white dotted). In downward trade watch the diagonal trendline support closely (blue).
Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Tuesday March 7, 2017; $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F, $HEAR, $AUPH, $MOSY – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $SSH, $ASM etc…
Intro:
Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
Per previous;
We’re in middle of editing and uploading a swath of educational videos (may take a few days on that).
Also, the ability for members to access transcripts on demand we are working on – should have that done soon. As well soon you will be able to visit our YouTube channel soon and replay the trading day video on demand.
Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.
And lastly, the live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.
Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:
In play today in chat room; $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F, $HEAR, $AUPH, $MOSY
The premarket started with this watchlist: $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F
I am holding (in order of sizing – all moderately small to micro sizing) – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio):
Recent notes in post market reports that still apply,
“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”
Per recent, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
The US Dollar is threatening important upside levels on the algorithmic model charting – we’ll see.
Silver recently failed at exactly where our algorithm had a symmetry price target extension. What does this mean? Silver needs to repair the chart soon or it’s down.
Crude Oil $USOIL $WTI:
Crude oil continues in its sideways trade and our EPIC the Oil algo members have been killing the range.
$CL_F$WTIC$USOIL Chart range bound with higher lows and horizontal top at resistance. Will have to break soon higher or lower? #Oil#OOTT
$SPY has been trading perfectly within our model and see no divergence yet, however, we are watching the time /price cycle in our $VIX model very close here now.
Live Trading Chat Room Transcript: (on YouTube Live)
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Also, times are Central Mountain below (we’re working on the fix now), so for New York ET time add two hours to all times.
6:34 AM MarketMaven M Pandora shares are down nearly 4%
6:52 AM MarketMaven M $IBB bye bye
6:55 AM Flash G Oil Strong could b/o today
6:57 AM Flash G Momos look weak
7:00 AM Flash G Might be time for a $SNAP washout snap back
7:09 AM Mathew w Liking $Jone here for an oil play against the recent swing low
7:10 AM
Compound TradingProtected: PreMarket Trading Plan Tues Mar 7 $MEET, $WFT, $GLBL, $NMBL LINK: https://compoundtrading.com/premarket… PREMARKET030717PR
7:10 AM MarketMaven M Kinda agree on oil in general – looks strong
7:14 AM Curtis Melonopoly in $WFT 2000 shares starter
7:14 AM Flash G Long $WFT
7:14 AM MarketMaven M lol
7:14 AM MarketMaven M ok fine I’m in
7:15 AM Curtis Melonopoly 6.985
7:16 AM Mathew w In the pool with you guys, why not
7:17 AM MarketMaven M yahoo
7:18 AM Curtis Melonopoly if it drops at open I have a stop in place and will renter if I have to on snap back
7:18 AM Curtis Melonopoly watching natty here too
7:23 AM MarketMaven M Sterling Bancorp’s stock tumbles 10% premarket after stock deal to buy Astoria Financial
7:23 AM MarketMaven M here we go boyz $WFT!
7:24 AM MarketMaven M Curt you on mic this morning?
7:25 AM Curtis Melonopoly no… busy office. .. I’ll start mic work again tomorrow. .. we’re editing bids etc
7:25 AM Curtis Melonopoly I’ll post all trades on here tho
7:28 AM Curtis Melonopoly here we go
7:29 AM MarketMaven M lets do this again lol killed it yest
7:29 AM MarketMaven M $MEET off
7:30 AM MarketMaven M $NTN on the move
7:31 AM Flash G. $ETRM looks int
7:31 AM MarketMaven M stopped on $WFT
7:32 AM Flash G me too
7:33 AM Curtis Melonopoly add 5000 $WFT
7:33 AM MarketMaven M $SNAP VWAP
7:33 AM Curtis Melonopoly cost avg $WFT 6.94
7:34 AM Curtis Melonopoly add 9000 $WFT
7:34 AM MarketMaven M wow nice curt
7:35 AM Mathew w $HTGM crazy play, hit an entry and exit before I could post up lol
7:35 AM Mathew w Alerts paid off biggly on that one
7:36 AM MarketMaven M lol
7:39 AM Flash G $CHK starrter
7:40 AM Curtis Melonopoly Trailing out 16000 $WFT
7:40 AM Mathew w MVIS tester against rising trendline at ~1.25
7:40 AM Curtis Melonopoly didn’t get break I wanted …. flat
7:40 AM Flash G $MYOS jig
7:41 AM Curtis Melonopoly getting DMs about mic broadcast… will start again tomorrow. … we’re editing bids today in office so busy in here
7:44 AM Flash G tough open
7:45 AM Flash G $SPY LOD
7:45 AM Flash G Oil really strong tho
7:47 AM Curtis Melonopoly watching $SNAP
7:52 AM Curtis Melonopoly $SNAP long 1000 21.63
7:52 AM Curtis Melonopol ytight stop
7:52 AM MarketMaven M holy sh@t lol ok then
7:53 AM Flash G haha with ya
7:53 AM Flash G good RR
7:53 AM MarketMaven M waiting
7:54 AM MarketMaven M I’d like to see VWAP at least
7:55 AM Curtis Melonopoly add 21.85 1000
7:56 AM Mathew wToday is the first day you can short $SNAP right?
7:57 AM MarketMaven M not sure
7:57 AM MarketMaven M VWAP
7:57 AM MarketMaven M I’m in long
7:57 AM MarketMaven M 22.01
7:59 AM Curtis Melonopoly closed 2000 shares 22.03
7:59 AM Flash G yup out
7:59 AM MarketMaven M me too flat
7:59 AM Curtis Melonopoly nice win
7:59 AM Flash G small win on my end
8:00 AM Curtis Melonopoly going to wait for Stock RSI to back off or break right out now on $SNAP… OA turning up so well see.
8:01 AM MarketMaven M you sold on that Stoch RSI peaking curt?
8:01 AM Curtis Melonopoly ya and set stop
8:01 AM Curtis Melonopoly but yes
8:03 AM MarketMaven M $NAKD HOD
8:08 AM Curtis Melonopoly that was a tough open.
8:09 AM Curtis Melonopoly Leader board $NMBL $MYSZ $MLNK $XTNT
8:11 AM wintonresearch btw a slowly evolving chart to watch is $CANN
8:11 AM Flash G thanks !
8:11 AM wintonresearch Sessions backed off the MJs and I am looking for them to start to gather steam again
8:11 AM Curtis Melonopoly hey Nicholas
8:11 AM wintonresearch $MJTK is another
8:12 AM wintonresearch hey Curtis
8:12 AM Curtis Melonopoly I’ll be away from desk here for 20 min right away fyi
8:12 AM MarketMaven M Wow that wasn’t as smooth as yesterday but survived lol Curt you got a good hit there!
8:13 AM wintonresearch some MJs are providing some low risk entries $GRNH is another close to 200 dma like $CANN
8:13 AM MarketMaven M Adding to my $USRM swing here
8:14 AM MarketMaven M ya I been watching last 2 days Nich
8:14 AM MarketMaven M I agree
8:16 AM Curtis Melonopoly long again $SNAP
8:16 AM Curtis Melonopoly 22.19 2000
8:18 AM Curtis Melonopoly closed $SNAP 22.39
8:19 AM Curtis Melonopoly small win
8:19 AM Flash G tight trade
8:20 AM Flash G that Stochastic RSI works well on $SNAP I can see
8:20 AM Curtis Melonopoly ya allows for tight quarters
8:21 AM MarketMaven M I can ‘t trade that tight Curt – too stressful
8:21 AM MarketMaven M lolololol
8:22 AM Curtis Melonopoly Hold has to hold that 50 MA
8:22 AM wintonresearch pass the tums
8:22 AM MarketMaven M haha
8:23 AM Flash G stoch rsi seems reasonable on the Gold chart too
8:24 AM wintonresearch miners looking more interesting- prob tradeable bottom in by day’s end
8:24 AM Curtis Melonopoly ya combined with OA below stochastic it makes for decent indicator panel
8:24 AM wintonresearch $ASM has shown good rel strength so one i’m watching
8:24 AM MarketMaven M decision time it seems for both today or tomrw
8:24 AM MarketMaven M Gold and Miner’s I mean
8:25 AM wintonresearch i agree
8:25 AM MarketMaven M $AUPH nHOD
8:29 AM Curtis Melonopoly back in 10
8:29 AM MarketMaven M kk
8:30 AM wintonresearch btw shippers are starting a strong seasonal period from March and it runs thru July
8:30 AM wintonresearch keep eyes on some of those $ESEA is one I like
8:31 AM wintonresearch it’s small and it’s European- a market that’s undervalued
8:37 AM MarketMaven M Curt’s in $ESEA swing
8:37 AM Flash G ya its n his lst
8:38 AM Flash G Mat might be too can’t remember
8:39 AM MarketMaven M Curt wasn’t going to let 2 days go with us outsniping him at open lololol he got us today flash
8:39 AM Flash G ha
8:40 AM Curtis Melonopoly watching lol
8:40 AM Curtis Melonopolyback ?
8:40 AM MarketMaven M ?
8:41 AM Curtis Melonopoly I got lucky those were tight
8:41 AM Mathew w Im not in $ESEA currently but am eyeing some of thos eshippers
8:42 AM wintonresearch $SINO is a chinese shipper
8:42 AM wintonresearch some of them go up like crazy
8:43 AM wintonresearch they have come way back since their highs and great seasonal trend is in place
8:45 AM MarketMaven M $SINO on watch on my list
8:45 AM MarketMaven M in some $BABA here for a swing with defined stop 3% under yest highs
8:47 AM wintonresearch one MJ on the move $UBQU
8:47 AM MarketMaven M liquidity sensitive day it seems
8:48 AM Flash G Long $XIV for daytrade
8:49 AM Flash G stopped before started
8:50 AM Flash G sisn’t actually hit enter thought i did watching now
8:51 AM Flash G okay now I’m in $XIV 68.04
8:53 AM MarketMaven M $PIRS 52 wk high
8:54 AM Mathew w $PIRS beasting continues, I’m trailing out. Break back in a few
8:54 AM Curtis Melonopoly k
8:56 AM MarketMaven M $AHPI on watch
8:58 AM MarketMaven M Trailing out of $MOSY – good run
8:58 AM Flash G nice work MM
9:00 AM wintonresearch wow NAK almost back to 200dma
9:00 AM MarketMaven M all out $MOSY 2.81 from 2.18 swing
9:00 AM wintonresearch if so, i get it’s going to bounce hard (NAK)
9:00 AM Flash G congrats
9:01 AM Flash G ya $NAK like it
9:01 AM wintonresearch nakity nak don’t talk back
9:01 AM wintonresearch ?
9:01 AM Curtis Melonopoly congrats MM great trade
9:02 AM Curtis Melonopoly lol
9:03 AM wintonresearch Curtis – fwiw – my signals indicate that if NAK remains down or flat the next 40 mins or so, we should see it turn up and rally hard
9:03 AM wintonresearch thru midday
9:03 AM wintonresearch so let’s see
9:03 AM Curtis Melonopoly kk
9:04 AM wintonresearch may hold true of miners as well
9:06 AM Curtis Melonopoly 200 day interesting
9:07 AM Flash G wow good timing on $MOSY exit MM pro
9:07 AM MarketMaven M Testing some $AHPI here small
9:08 AM MarketMaven M 2.04
9:13 AM MarketMaven M $AHPI 2.12 so I got some room on entry
9:15 AM Flash G Curt, oil trade n EPC the Algo primary target range for today. Nice once again. I think I will move out of long here.
9:15 AM Curtis Melonopoly ya I see that… EPIC is EPIC lol
9:19 AM Flash G $AHPI HOD thin
9:21 AM Curtis Melonopoly what do you guys think of the YouTube Live?
9:21 AM Flash G I actually really like iit – mobile is smoooth
9:21 AM MarketMaven M ya me too – it’s better than webinato by far
9:22 AM MarketMaven M it seems I have a 4 second or so delay though
9:22 AM MarketMaven M on the chart
9:22 AM MarketMaven M not audio
9:22 AM Flash G yup me too but thats nothiing if have mobile
9:23 AM Curtis Melonopoly interesting
9:23 AM Curtis Melonopoly 200 day on $NAK on deck
9:31 AM Curtis Melonopoly $XIV came off hard Flash
9:32 AM Flash G ya stopped as soon as it lost lower low
9:37 AM MarketMaven M lunch break its quiet
10:04 AM Mathew w $JONE a bit more to average down here. Not great action but nice support around 3
10:23 AM wintonresearch $ASM has been holding well- outperforming GDX and SIL the last few weeks
10:27 AM wintonresearch copper fake out? $TGB with a nice hammer
10:27 AM wintonresearch i am looking for the market to run thru April and the only way that happens is if copper perks up and turns upwards shortly
11:22 AM wintonresearch U stocks are showing strength $UEC MGA.TO MGAFF NXE.TO
11:22 AM wintonresearch $CCJ
11:48 AM MarketMaven M back long lunch:)
11:48 AM Flash G ill say
11:51 AM Flash G ll very quiet day anyway
11:54 AM wintonresearch zzzz
12:00 PM Mathew w Yea pretty quiet market wide today. Some good momo plays happening earlier, but not much currently at least where I’m looking
12:06 PM Curtis Melonopoly $BLPH jiggy
12:10 PM wintonresearch i sat on ICLD for like three days lol
12:10 PM MarketMaven M lol
12:12 PM wintonresearch i got so busy and forgot it
Stock Trading Plan for Tuesday Mar 7, 2017 in Compound Trading Chat room. $MEET, $WFT, $GLBL, $NMBL – $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notes in red text below are new comments entered specifically today.
Notices:
All algo, post market trading results and swing trading updates are now out.
The trading group link is below – if you have any problems let us know.
Current Holds / Trading Plan:
All small to mid size holds in this order according to sizing – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.
Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.
Morning Momo / News and Social Bits From Around the Internet:
Momo Watch: $MEET, $WFT, $GLBL, $NMBL
$MEET up 22.88% Premarket
8:30am
International Trade
8:30am
Gallup US
8:55am
Redbook
3pm
Consumer Credit
Analysts gush over Weatherford CEO hire; shares +14% premarket http://seekingalpha.com/news/3249084-analysts-gush-weatherford-ceo-hire-shares-plus-14-percent-premarket?source=feed_f … #premarket $WFT $HAL
Brookfield to buy 51% of TerraForm Power for $11.46/share http://seekingalpha.com/news/3249069-brookfield-buy-51-percent-terraform-power-11_46-share?source=feed_f … #premarket $BAM $TERP
Dick’s beat on earnings but guidance a bit light. $DKS down 3% #premarket.
Michaels Cos. stock jumps 7% premarket following upbeat earnings and outlook.
Brazil recession worse than thought in Q4 http://seekingalpha.com/news/3249061-brazil-recession-worse-thought-q4?source=feed_f … #premarket $EWZ $BRF $BRZU $EWZS.
Juniper Pharma Q4 top line up 143%; net income: $9.6M; shares up 11% premarket.
$MEET trading higher 22% during #premarket from yesterday’s news alert on positive earnings: MeetMe posts 4Q profit.
Mesoblast’s cell therapy MSC-100-IV Fast Track’d for children with acute GvHD http://seekingalpha.com/news/3249047-mesoblasts-cell-therapy-mscminus-100-iv-fast-trackd-children-acute-gvhd?source=twitter_sa_factset … #premarket $MESO $MNK
Pure Storage +7% after Nimble sale http://seekingalpha.com/news/3249074-pure-storage-plus-7-percent-nimble-sale?source=feed_f … #premarket $PSTG $NTAP.
Pandora -3.8% as Maffei talks it down http://seekingalpha.com/news/3249088-pandora-minus-3_8-percent-maffei-talks?source=feed_f … #premarket $FWONA $P
Highpower +16% on big Y/Y gains in net income, gross profit, revenue http://seekingalpha.com/news/3249096-highpower-plus-16-percent-big-y-y-gains-net-income-gross-profit-revenue?source=feed_f … #premarket $HPJ
Dish Network shares are up 5% in premarket trade.
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).
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:
I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.
(3) Other Watch-List:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)
(5) Upgrades: as time allows I will update before market open or refer to chat room notices.
(6) Downgrades: as time allows I will update before market open or refer to chat room notices.
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
Good morning swing traders and welcome to the Compound Trading weekly swing trading stock picks memo for the week of Feb 27, 2017! $CELG, $LITE, $CALA, $SBUX
Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.
Notices:
There are new swing trade stock picks below ($CELG, $LITE, $CALA, and $SBUX is coming on next report ) and more expected as this oil trade and metals trade sorts itself out (we think soon). Any updates below specific to recent reports is highlighted in red to simplify the process for you.
$CALA Waiting for Stoch RSI to cool for a swing trade.
$XRT – SPDR S&P Retail ETF
Mar 7, 2017 – Watching close for a bounce. Stoch RSI on chart is near bottom so on high watch here.
Feb 27, 2017 – Trading at 43.72 this beat up sector seems to be ripe for a bounce. If we execute a trade on Monday it will be to test the waters and watch the market sentiment day to day – this and price action will determine how long we are in it. An interim target however would be 46.80 and would likely change as the trade progresses.
Mar 7, 2017 – $EXP Building Materials watching close for a bounce.
Feb 27, 2017 – “Eagles Materials Posted Record Revenues, Record Net Earnings and Record Net Earnings per Diluted Share. Its stock grew 60% in 2016 and still looks cheap.”
Eagle Materials is a riskier play than most we will add to our swing portfolio, but our DD on this one has us excited and we likely will take a long position early this week with a target of minimum 10% upside in next 90 days. We will however keep our stop tight.
$EXP Building Materials Watching close for a bounce swing trading.
$FIT
Mar 7, 2017 – It hasn’t got its bounce yet – still watching. Trading at 6.00.
Feb 27, 2017 – We find the $FIT trade interesting. Although we would never otherwise consider it and if we do enter today a long position it will be looked at as short term, we think there may be opportunity to swing trade it because it should be much lower considering its recent quarter… lower in that we expected a panic that did not occur. This seems bullish, or at minimum a likely “bargain” in our opinion.
$FIT Swing Trade Target 6.99. Trading at 6.15.
$FIT Swing Trade Target 6.99
$VFC
Mar 7, 2017 – Holding long per Feb 23, 2017.
Feb 23, 2017 – $VFC Swing long 53.50 average with 58.10 as first upside target. More targets in upcoming reports.
$VFC Swing long 53.50 average with 58.10 as first upside target.
$NE – Noble Corp
Mar 17, 2017 – Holding long. Trading at 6.46.
Feb 23, 2017 – $NE Swing long opened 6.95 average for a 9.00 upside target.
$NE Swing long 6.95 average for a 9.00 upside target.
Alphabet (Google) $GOOGL, $GOOG
Mar 17, 2017 – Holding long per Feb 22, 2017. Trading at 847.27.
Feb 22, 2017 – We entered a long position starter at 848.96 200 shares. Stops will be managed manually and will be held tight until trade is to upside of current range. Pensive about short term market range.
Feb 21, 2017 – Price is to the topside of the break-out and I will likely enter a long position over the next day or two. Bullish on this stock.
Feb 12, 2017 – We still like the $GOOGL stock / chart. Price recently broke to the upside of the triangle and didn’t hold but is threatening to trade above again at Friday close. We’re watching for an upside break that holds for an entry or a visit to the 200 MA (pink line) for an entry.
Feb 7, 2017 Member Update: We expect a signal from the Trump camp soon (late this week), and if positive, this will be a very strong play – watch close! This needs to be high on your radar going forward!
We like this chart. Watch for an upside break out of the triangle. The principles apply the same to $GOOG and $GOOGL charts fyi. Also, watch the MACD close, it looks primed for a move. Earnings are Thursday. If price breaks to downside I will update with levels to watch. Also, the is a chart below that shows upside target.
Fibonacci to watch, triangle, MACD, Break to upside possible in Alphabet (Google) $GOOGL
1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL
Technically, the price target (should price break to upside) is 1003.17 before Jan 29 2018.
1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL
Amazon $AMZN
Mar 7, 2017 – Holding long and may add on dips now. Trading at 846.46.
Feb 21, 2017 – Trading at 839.48 in premarket we’re on the right side of this swing so far. Depending on price action I will look to add at pull backs. Very bullish this stock.
Feb 12, 2017 – Trade Alert! We entered a trade long at a cost average 822.72 for 100 shares as soon as price was upside the 20 MA. This is an aggressive trade (being that we didn’t wait for a pull-back to 50, 100 or 200). We have a tight stop on the trade at 804.00 (just below its recent low (this would be a broken trade in our opinion at that point). So we are hoping this week is a strong week for Amazon. If not our aggressive move will cost us.
$AMZN Amazon Swing Trading Member Chart – Compound Trading
Feb 7, 2017 Member Alert! We haven’t got a pull back to the 200 day and depending on how tech does with Trump we may or may not, however, in overnight trade (premarket) price is close to the 100 day and I may take a test long position. This is one of our favorite picks so we will be quite aggressive with our attempts to get in at an inflection – so we are thinking sometime in the next few days looks decent.
My fourth priority is Amazon. I don’t want to over simplify this trade – but the bottom line is I’m looking for a pull-back and an entry as close to that 200 day (pink line with green arrow) as possible. I don’t think this stock will stop anytime soon. DD to follow soon.
$AMZN Swing
Juno $JUNO
Feb 21, 2017 – On Feb 16 we closed our position at 23.88.
Feb 12, 2017 – We have been long since late December at 18.32 (1000 shares) and it trades at 21.95 now – will be ratcheting up stops soon, the trade has done well but in the short term we don’t see a lot of upside for entries now, unless trade returns to the 50 day MA.
$JUNO Another Swing Trade Winner. Swing Trade Member Stock Pick is up 20%.
$JUNO Another Swing Trade Winner. Swing Trade Member Stock Pick is up 20%.
Feb 7, 2017 Member Update: $JUNO since my first entry mid December 2016 has consistently moved in an upward trend, and from that perspective has been a good stock pick. But it hasn’t been excellent like many of my other picks. It does have a gap fill coming soon so if you are long I would ratchet up your stops as you near 22.70 area.
Feb 22, 2017 – We closed our long positions in late trade and extended hours at 5.01 average for 70% – 96% gains on various entries (detailed report to follow soon).
Feb 21, 2017 – It is trading at 3.90 in premarket and recently as high as 4.23. Holding.
Feb 12, 2017 – This stock hasn’t slowed down since our entry at 2.59 (10000 shares) and doesn’t seem to want to return to the trendline support so our swing trade members can get in. It is trading perfectly in our prescribed range (albeit at the top) and closed at 3.90 on Friday – we have a 5.57 PT on it so I don’t if it is best to enter now – I wouldn’t unless it returns to the support line but some of the more aggressive swing trading members may want to consider it. Also, we will be ratcheting stops before earnings and even though earnings are expected to be strong we likely will not hold through earnings (or if we do it will be with tight stops).
$CBMX Swing Trade Stock Pick Doing Well up 50% Now.
$CBMX Swing Trade Stock Pick Doing Well up 50% Now.
My second priority is $CBMX. I am already in this swing and plan to enter in dips at the diagonal trend line (blue). Initial target area is around 5.57 with much greater potential upside. The Trump factor may cause this to come off a bit so my bias is toward late spring for first price target.
Feb 21, 2017 – We closed our position last week at 46.04 because sentiment in this sector started to turn. We may look at a re-entry, however, we are waiting for the crude oil resistance test to play out and would like to monitor sentiment.
Feb 12, 2017 – This has been a fantastic swing trade and many of our members have profited from it. We are holding and have moved up stops to a 5% drop.
It is currently trading at 45.70 and is up considerably for our members – our 2017 price target was 49.58 and our short term price targets were easily met.
It is also currently trading just above its 200 MA so we are watching close – if it loses the 200 MA we will exit likely. So if you are thinking of adding or a long trade here you want to watch the 200 MA.
$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017
$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017
Oaktree Capital Group, LLC (OAK) today announced that it will report fourth quarter and full year 2016 financial results prior to the opening of the New York Stock Exchange on Tuesday, February 7, 2017.
Was trading at 37.57 – 38.00 when we originally started to look at it, currently trades at 41.65.
42.71 – 43.50 is our short term swing target (less than 3 months).
Feb 7, 2017 Member Alert! $OAK has met this swing trade target for our members – caution forward please!
49.58 is our 2017 target. No target date.
Our traders will be watching earnings (much like we did with Google last week and we will be doing with Amazon this week). Pending earnings and price action this will be when we enter a trade. Some of our swing traders have obviously seen decent gains since we first put this on our swing trading list a number of weeks back (good timing actually), but our traders have not taken a position yet.
Feb 12, 2017 – Decided considering geo political sentiment that I will consider a long at 50 MA or a break to upside now.
Feb 7, 2017 Alert! Although this has done exceptionally well since my first entry late 2016 I am now out of my position and am awaiting a pull back to 100 day at minimum.
$RSX Swing Trade Stock Pick – Waiting for Test of 50 MA or break to upside.
$RSX Live Chart – https://www.tradingview.com/chart/RSX/rjR7GATQ-RSX-Swing-Trade-Stock-Pick-Waiting-for-Test-of-50-MA-or-break/
$RSX Swing Trade Stock Pick – Waiting for Test of 50 MA or break to upside.
BOFI Holdings $BOFI
Feb 21, 2017 – Watching.
Feb 12, 2017 – $BOFI Swing Trading Stock Pick After Dec Entry – Now Waiting for 200 MA PB test on 60 minute chart below or break out.
$BOFI Swing Trading Stock Pick After 26.18 Dec Entry Waiting for 200 MA PB test or break out
Feb 7, 2017 Member Update! Here is another I have done well since my first entry late 2016 and I am now waiting for another pullback to at least the 50 day if not 100 day to add. Holding full position and expect a return of 6% approximately (from today’s price) in 2017. If I can get a pullback I will be very happy.
$BOFI Swing Trading Member Stock Pick
Sunoco Logistics Partners $SXL
Mar 7, 2017 – Holding Long.
Feb 21, 2017 – Watching the 200 MA – may add pending crude oil price action.
Feb 12, 2017 – $SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position and Jan addition to this list. We are currently waiting for a test of the 200 MA on the 60 day for an add to 1000 shares or a sell. Excellent trade so far.
$SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position
$SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position
US Silica Holdings $SLCA
Mar 7, 2017 – We stopped out flat and are keeping it on watch list for now.
Feb 21, 2017 – Hold, managing stop. We like it, but it may stop out flat.
Feb 12, 2017 – We have our first entry in $SLCA at the 50 day 55.77 500 shares. We are going to watch how it handles the 20 MA. If it returns to our buy at 55.77 area we may cut bait.
$SLCA Swing Trade Member Stock Pick. Entry at 50 MA long for a tester.
Feb 7, 2017 Member Alert! We never did get that pull back, and I appreciate the notes from members that have done well with this swing nonetheless! However, caution is warranted entering this play with-out a pull-back.
My fifth priority is $SLCA. Again, another simple chart and it will require some patience. I see a pull-back coming and huge upside under the Trump inertia in to summer. I am looking for a pull-back to the 50 day (yellow arrow) or the 100 day preferably (blue arrow). If it gets away on me I’ll likely chase it and scale in 1/5th at a time.
$SCLA Swing Trade
EOG Resources $EOG
Feb 21, 2017 – Stopped flat. Keeping on watch.
Feb 12, 2017 – New Entry! $EOG Resources Long entry 98.77 at 100 MA 300 shares starter. Swing Trade Stock Pick. If it fails at our entry price we will exit and re-evaluate.
$NG Nova Gold Swing trade members are pleased with stock pick 5.14 buy alert trade up to 6.21 (22% gain) at 5.98 now.
The first swing of 2017 I will be entering (likely today) is NovaGold. First target is 6.46 area and second target is 7.30 area. It is currently trading at 5.10. It’s full extension is over 8.50.
Feb 6, 2017 $ASM comes to us by reference of HedgeHog trader who has spent some time in our trading room lately and is a close friend of ours. His due diligence on this one is solid in our opinion and the chart is about to break out – it is just shy of the 200 day! Here’s the transcript of his attendance in our trading room yesterday if you wish to view. He also mentions in that transcript other picks he likes (such as $NG, $THM, $NAK, $CPO.V).
My seventh priority is the VIX. I see a pull-back in the market coming and a lift in VIX. The primary trade I am looking for is actually a short in the VIX when it gets upside it’s bolllinger band (it’s a little more complicated than that – specifically with timing and I will be putting an alert out when I do it anyway) – I’ll also play some short term longs in $TVIX or $UVXY.
Feb 21, 2017 – Watching, no position, watch for update over the next few days to include this.
$SLV SILVER
Feb 21, 2017 – Watching, no position, watch for update over the next few days to include this.
$GLD – Gold (and miner’s $GDX)
Mar 17, 2017 – We closed the last 25% on Feb 27 23.80. Nice trade.
Feb 21 – Friday we trimmed 75% at 25.18. Watching.
Feb 14, 2017 $GDX trade went exactly as planned. Waiting for trading this week for further trade decisions.
$GDX Swing Trade Member Stock Pick went exactly as planned – a 13% gain. Waiting for trading this week for further trade decisions.
$GDX Swing Trade Member Stock Pick went exactly as planned – a 13% gain. Waiting for trading this week for further trade decisions.
Feb 7, 2017 $GDX Alert – Members, this trade went exactly as planned and is now beyond our call so caution please!
My third priority on this list are the miner’s – $GDX and leveraged friends. This one is risky but comes with large gains if miner’s get moving and price breaks in to next quadrant above the yellow one outlined on the chart below. And for the risk taker it can be traded with leveraged ETN’s. There are inherent risks however; one is that price is not at bottom of the trading quadrant so an entry here is not ideal and the obvious issue is the Trump factor.
Feb 21, 2017 – On the daytrading side I have been adding to a long that I though would be only days and turned in to a bit of a swing but did not alert it on the swing side because of the risk element. However, crude oil is over the resistance in overnight trade as I write and getting very close to the most significant resistance it has encountered in years. Stay tuned to updates this week, I expect to be putting out a number of updates this week because of this specific scenario. If crude does not handle resistance well I will short it heavily and will post a number of picks surrounding that play. If crude oil gets up over this significant resistance then I will go long and will post an alternate list of stock pics surrounding that play.
Feb 12 – Crude oil traded at resistance on Friday, some may opt to short here but we are waiting to see if price breaks to upside. Will advise.
Feb 7, 2017 Update: In overnight trade $USOIL is trading at 52.19 and there is a diagonal support trendline intra-day below at approximately 52.28 – we will be looking at taking a long position in that area if we can get it – with a tight 1% stop.
In overnight lab work our developers established a diagonal trendline (blue line in chart that has a blue arrow pointing at it) that has established itself as strong support. If you take a swing trade against that support (as as close to it as possible) then look to the upside of that white dotted arrow line as your target long. Ratchet up stops there.
Crude algo intra work sheet 208 AM Jan 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
So that’s it for today, however, when the crude trade plays out in the short term I will be posting an updated list either way (for upside or downside scenario crude oil). Again, I apologize for the unexpected pivot but I have no choice but to see how this crude break-out plays and that won’t take more than two days. So expect all the new plays sometime between now and Thursday.
Email or DM me on Twitter anytime with thoughts or questions!
Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday March 6, 2017; $CNCE, $TGTX, $PIRS, $XIV, $DGAZ, $PIRS, $BSTG, $NFLX, $VIX, $CELG, $LITE, $CALA, $SBUX – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $SSH, $ASM etc…
Intro:
Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
The YouTube live trading we now have transcripts (which you will see below) – sorry about the delay, we thought transition would be easier. So the post market trading result reports recently missed may never get done FYI (we’ll see). Also, transcripts are Central Mountain time so you will have to add two hours for Eastern Time (New York).
The remaining algo reports will be out tonight, then swing reports and we’re in middle of editing and uploading a swath of educational videos (may take a few days on that).
Also, the ability for members to access transcripts on demand we are working on – should have that done soon. As well soon you will be able to visit our YouTube channel soon and replay the trading day video on demand.
Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.
And lastly, the live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.
Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:
In play today in chat room; $CNCE, $TGTX, $PIRS, $XIV, $DGAZ, $PIRS, $BSTG, $NFLX, $VIX, $CELG, $LITE, $CALA, $SBUX
Today was a big day! It was a classic schooling scenario of some senior traders putting on a class in our trading room to say the least – almost everything went 100% as planned and execution was professional. A definite learning experience for any traders on a learning curve.
In summary, Mathew is testing a $NFLX short that I wanted to enter but didn’t and he nailed the $PIRS break-out. Market Maven and Flash nailed the turn on Natural Gas like pros. Flash exited $UGAZ at the intra-day top and flipped to $DGAZ and Market Maven was in it too and kaboom almost to the minute Natural Gas turned. They both exited perfectly too. They also nailed the turn on $XIV with precision, and if you look in to why $XIV took flight the way it did today you’ll understand the experience behind that trade – wow. And $TGTX they both nailed the momentum on it and in $CNCE perfect execution.
I was basically flat on $CNCE and some of my swings were up and some slightly down so it was a moderate day for me. I added $CELG, $LITE, $CALA, $SBUX, and bitcoin stocks to my swing watch list.
Most professional trading day I have seen in a long time. Perfectly executed.
I am holding (in order of sizing – all moderately small to micro sizing) – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio):
Recent notes in post market reports that still apply,
“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”
Per recent, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
The US Dollar is threatening important upside levels on the algorithmic model charting – we’ll see.
Silver recently failed at exactly where our algorithm had a symmetry price target extension. What does this mean? Silver needs to repair the chart soon or it’s down.
Crude Oil $USOIL $WTI:
Crude oil continues in its sideways trade and our EPIC the Oil algo members have been killing the range.
$CL_F$WTIC$USOIL Chart range bound with higher lows and horizontal top at resistance. Will have to break soon higher or lower? #Oil#OOTT
$SPY has been trading perfectly within our model and see no divergence yet, however, we are watching the time /price cycle in our $VIX model very close here now.
Natural Gas we do not have an algorithmic model for yet (testing). Our traders have been nailing it however.
Momentum Trades:
$TGXT and $CNCE were strong momo trades today (as were others such as $PIRS). Follow – through seemed better today. It has been lacking for a number of weeks now.
$TGTX up 67% premarket Trading results.
Swing Trading:
$CELG, $LITE, $CALA, $SBUX are the new swing trades added to my swing trading watch list.
As noted above, these are doing exceptionally well also. Building, building, building.
Epic the Oil Algo continues to nail targets, SuperNova Silver recently nailed a price target extension that was critical, Rosie the Gold algo has been nailing price target extensions, our US Dollar algo has been spot on and even our $SPY algo has been nailing targets the last few weeks so it is coming along. Soon we will see if our $VIX algo is dialed in with this time / price cycle potentially ending soon.
Where has @EPICtheAlgo been all my life? I’m just sitting back and watching this print money….
Live Trading Chat Room Transcript: (on YouTube Live)
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Also, times are Central Mountain below (we’re working on the fix now), so for New York ET time add two hours to all times.
5:55 AM Flash G mornin
5:56 AM MarketMaven M hey
6:10 AM Curtis Melonopoly morning
6:49 AM MarketMaven M $TGTX gonna fly at open
6:51 AM Flash G So glad I took that $UGAZ trade Fri
7:07 AM MarketMaven M $NFLX got their upgrade lol FIXED!
7:09 AM
Compound Trading Protected: PreMarket Trading Plan Mon Mar 6 $TGTX, $CNCE, $UGAZ LINK: https://compoundtrading.com/premarket… PASSWORD: PREMARKET030617
7:12 AM Mathew w Started $NFLX short using swing high as stop
7:13 AM Mathew w Will add under the 50 day
7:13 AM MarketMaven M $POLA on the move PM
7:15 AM MarketMaven M $TGTX taking off before bell… makes that tough
7:19 AM Curtis Melonopoly $MGTI swing from Friday up a little premarket
7:20 AM Curtis Melonopoly good luck with $NFLX! I chickened on it
7:20 AM Mathew w Small starter vs 146 stop of new highs. We’ll see nice r/r if Im right
7:21 AM Curtis Melonopoly Quick before the bell… we’re uploading the new educational vids now, swing report and rest of ago reports out today / tonight.
7:22 AM Curtis Melonopoly For the record… I want to be in that $NFLX short lol
7:23 AM MarketMaven M Citi raises Apple to $160 target, reiterates Buy
7:24 AM MarketMaven M jeez $UVXY down again PM
7:25 AM Curtis Melonopoly I won’t be on mic today… we have our hands full with video uploads and ago reports here. I will alert trades tho in here and SMS email.
7:28 AM Curtis Melonopoly $TGTX near 100% use caution imo
7:29 AM MarketMaven M I’m long $TGTX here
7:29 AM Flash G lol
7:30 AM Flash G $RNVA looks good too
7:31 AM MarketMaven M Add at 10.52
7:31 AM MarketMaven M Closed 10.94
7:31 AM MarketMaven M YES
7:31 AM Flash G lol
7:31 AM Flash G funny
7:31 AM Flash G congrats
7:32 AM Curtis Melonopoly holding $MGTI
7:33 AM Flash G $MYOS jiggy
7:33 AM MarketMaven M Back in 11.10
7:33 AM MarketMaven M $TGTX
7:34 AM Flash G wow great action on $TGTX
7:34 AM MarketMaven M Out 2000 shares 11.44
7:34 AM MarketMaven M YESSSSS
7:34 AM Curtis Melonopoly nice play MM
7:35 AM Flash G scalper!
7:37 AM Flash G $MELY $RMTN $MGTI on watch Bitcoin
7:37 AM Flash G Long $DGAZ for daytrade
7:38 AM Flash G $HSHS $CCTL $MELY $RMTN $MGTI on watch
7:38 AM Flash G$ RNVA on the move
7:38 AM Curtis Melonopoly $MGTI tank
7:39 AM Curtis Melonopoly long $CNCE 14.01
7:42 AM Flash G $RNVA low float could be big
7:42 AM MarketMaven M SHort $TGTX now? hmmm
7:44 AM Curtis Melonopoly $CNCE stop triggered 13.99
7:45 AM Mathew w Completed my first leg short right here on $NFLX. Will let it play out and see where it goes from here
7:46 AM Mathew w $NFLX chart
7:47 AM Mathew w tos
7:47 AM Mathew w. mx/saND28
7:52 AM MarketMaven M close $CNCE 15.00 – yup Curt took the trade alert
7:53 AM Curtis Melonopoly nice
7:56 AM Flash G Long $XIV
8:00 AM Flash G $CCIH 28%
8:00 AM Mathew w $PIRS nice lok
8:00 AM Mathew w Through res. Im long against the rising wedge
8:01 AM Mathew w tos
8:01 AM Mathew w .mx/XQ2epV
8:02 AM Flash G $PIRS looks good mat
8:04 AM Mathew w Simple look but easy play to manage. Stop set so I’ll let it keep trucking
8:07 AM Flash G $SNAP in trouble now
8:08 AM MarketMaven M Curt, got to admit $CNCE was the right choice of the bunch. Appreciate the call.
8:08 AM Curtis Melonopoly no problem MM
8:09 AM Curtis Melonopoly glad you banked!
8:10 AM MarketMaven M I’m with ya long $XIV Flash
8:13 AM Curtis Melonopoly nice work on $XIV guys
8:14 AM Flash G Still holding $DGAZ with defined risk / stops in place
8:15 AM Mathew w fins look horrible
8:15 AM Mathew w breaking below 3 day range from last week
8:15 AM Curtis Melonopoly $CNCE brute
8:21 AM Curtis Melonopoly if your in $CNCE off my alert time to tlratchet stops near 100% now
8:23 AM MarketMaven M $SNAP snapped
8:28 AM MarketMaven M That looks like it for the morning lol – great start to the week!
8:36 AM MarketMaven M yup got really quiet quick
8:37 AM Flash G yeah
8:42 AM Mathew w $NFLX flush baby flush. I expect this play will take a while to materialize
8:43 AM Curtis Melonopoly $NFLX looks like sh@t lol
8:44 AM Mathew wY epp couldn’t even get going very hard on that late cycle upgrade
8:47 AM Curtis Melonopoly surprised santelli on cnbc hasn’t had a heart attack yet… he’s a wired dude lol
8:49 AM Curtis Melonopoly Airlines took a hit
8:58 AM Curtis Melonopoly some general divergence here… $AAPL not looking great…. $VIX turn…. $NFLX looking bad …. interesting imo
9:33 AM Mathew w Metals looks horrible. I’m all out of $SLW small loss after big win to start the year. Still in small miners plays but things don’t look great at all
9:35 AM Curtis Melonopoly gonna watch this immigration announcement
10:33 AM Mathew w $PIRS stop bumped, no loser here but the action is great
10:37 AM Mathew w $NFLX on lows, went inside and down on 15,30,hour
10:59 AM Flash G $SBUX sweepers today Curt…. seen your tweet on it last night #swng
11:00 AM Curtis Melonopoly ya
11:26 AM Curtis Melonopoly $CELL, $LITE, $SBUX, $CARA bit coin stocks are on my swing radar.
11:28 AM Curtis Melonopolyu still holding $UGAZ flash?
11:29 AM Flash G yes
11:29 AM Flash G $DGAZ
11:29 AM Flash G lol but yes
11:29 AM Curtis Melonopoly right
11:30 AM Curtis Melonopoly and $XIV?
11:30 AM Flash G yes
11:30 AM MarketMaven M mee too on the $VIX
11:31 AM Curtis Melonopoly nice
11:46 AM Curtis Melonopoly That $XAUUSD chart really interesting point… failed 200 MA under 20 MA with 50 MA cross up thru 100 MA on deck and Stoch RSI near bottom…. hmmmmm….
11:46 AM Curtis Melonopoly and Jan 27 look at how it bounced off the 50 MA
11:47 AM MarketMaven M it did bounce there
11:47 AM Curtis Melonopoly yup
11:50 AMFlash Gsimilar set up to Jan 27
11:50 AM Curtis Melonopoly similar yup
11:56 AM Flash G If t doesn’t bounce at 50 MA this time likely done lol
11:56 AM Curtis Melonopoly likely
11:57 AM Curtis Melonopoly but likely will bounce
12:31 PM MarketMaven M $PIRS 52 week high – nice trade Mathew
12:34 PM Mathew w Thanks. Blue sky breakout and can keep roasting those shorts.
12:36 PM MarketMaven M roast baby roast!
12:38 PM Flash G man I missed $PIRS
12:40 PM MarketMaven M great trade
12:40 PM MarketMaven M $BTSG sizing up to be a big runner potentially tomorrow imo
12:41 PM MarketMaven M $XIV a money machine today
12:41 PM Flash G we’re banking on that girlfriend:)
12:41 PM MarketMaven M haha
12:42 PM Curtis Melonopoly ya that’s a great call too
12:48 PM Curtis Melonopoly lol OPEC might cut again
12:48 PM Curtis Melonopoly what I see in the chart they need to lol
12:49 PM Flash G lunatics
12:49 PM Flash G mad science the oil trade
12:50 PM MarketMaven M $CRTN on scanner – lotsa buys
12:52 PM Flash G $CRTN actually got bull MM
12:53 PM Flash G Possibly looking at closing $DGAZ
12:58 PM Chat disconnected. Please wait while we try to reconnect you.
12:58 PM Successfully connected.
1:01 PM Curtis Melonopoly when $CARA Stoch RSI hits bottom on 1 day chart. … that’s an entry for me for sure…
1:03 PM Curtis Melonopoly Hoping $MGTI has another leg up
1:08 PM Flash G I think its time to look at selling bits of $DGAZ here
1:08 PM MarketMaven M 10-4
1:08 PM Flash G closing 25%
1:11 PM Flash G time to start closing $XIV bits …. 25% here – thanks for the reminder with the chart Curt!
1:11 PM MarketMaven M yup on it lol thanks
1:12 PM Curtis Melonopoly way to go guys gals take your profits
1:12 PM Flash G out another 25% in $DGAZ and $XIV holding 50% in both
1:14 PM Curtis Melonopoly same thing on $CELG swing looking for stoch rsi to cool on 1 day if possible
1:19 PM Curtis Melonopoly $LITE I’m looking for 20MA to hold on 1 day for entry long
1:21 PM Curtis Melonopoly $SBUX I’m looking for upper trend line resistance to break and hold or possibly stoch rsi at bottom on 1 day for long entry. .. I like how 20MA crossed 100 MA
1:21 PM Flash G thanks Curt
1:22 PM Curtis Melonopoly of course with each swing there are various other indicators I’m watching but you get the idea
1:22 PM Flash G ys
1:23 PM Curtis Melonopoly wow $NATGAS continues down wow wow what a trade
1:24 PM Flash G still holding 50%
1:30 PM Flash G closing $XIV and $DGAZ trades for AWESOME WINS!
1:30 PM MarketMaven M yippy! thanks flash!
1:31 PM Curtis Melonopoly nice
1:33 PM MarketMaven M $PIRS!
1:33 PM MarketMaven M looks like a decent place for our $DGAZ close
1:34 PM MarketMaven M and $XIV…. good calls Flash
1:36 PM Curtis Melonopoly Bama losing his sh@t lol gotta live him
1:37 PM Curtis Melonopoly chart bot on buy signal on $NFLX? ??
1:42 PM Mathew w Look how poorly it called that last sell signal
1:44 PM Curtis Melonopoly yup
1:44 PM Curtis Melonopoly that’s a perfect example of checking it’s calls to each stock
1:57 PM Flash G i suppose i should get my chores done… building a shed for my new ride on mower
1:57 PM Flash G that was a great day – i think we hammered every call
1:57 PM Flash G back tomorrow
1:58 PM Curtis Melonopoly peace
1:58 PM MarketMaven M ya thanks Flash! awesome day!
1:58 PM MarketMaven M lets do it again Tues!
1:58 PM MarketMaven M paid my bills today:)
1:59 PM Curtis Melonopoly have a great night y all!
Stock Trading Plan for Monday Mar 6, 2017 in Compound Trading Chat room. $TGTX, $CNCE, $UGAZ – $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGIT – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notes in red text below are new comments entered specifically today.
Notices:
The educational videos were completed last night and still need to be uploaded – this may take a day or two – a very slow process on You Tube to say the least.
Most of the algo updates are out, the ones that are not out yet are being processed right now and will be out over next 24 hours (including Swing Newsletter).
The post market trading reports will recommence as of Tuesday morning for Monday trade – the coding for transcripts is now complete. The missing transcripts from last Thursday and Friday we may or may not retrieve – that is to be determined.
The trading group link is below – if you have any problems let us know.
Current Holds / Trading Plan:
All small to mid size holds in this order according to sizing – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGIT.
Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.
Morning Momo / News and Social Bits From Around the Internet:
Momo Watch: $TGTX, $CNCE
$TGTX up 67% premarket
Dan Fuss hasn’t been this cautious on bonds in decades http://seekingalpha.com/news/3248782-dan-fuss-cautious-bonds-decades?source=twitter_sa_factset … #premarket $LSBRX $AGG $BND $BOND
GoPro shares slide premarket as Goldman Sachs downgrades to sell.
Alcoa upgraded to Buy at Goldman Sachs http://seekingalpha.com/news/3248779-alcoa-upgraded-buy-goldman-sachs?source=feed_f … #premarket $AA.
Procter & Gamble’s stock falls 0.8% premarket after analyst downgrade.
#AMD retracing some of last week’s big losses in premarket trading.
$AMD +1.38% at 13.21.
FDA OKs Advaxis’ IND for personalized cancer immunotherapy candidate ADXS-NEO; shares ahea… http://seekingalpha.com/news/3248777-fda-oks-advaxis-ind-personalized-cancer-immunotherapy-candidate-adxs-neo-shares-ahead-10?source=feed_f … #premarket $ADXS $AMGN.
TG Therapeutics shares soar 50% off premarket halt after positive drug trial.
Dynavax shares fall 4% premarket after company releases data from melanoma trial.
Netflix $NFLX rose nearly 2 percent to $141.90 in premarket trading after UBS raised the stock to “buy” from “neutral”.
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).
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:
I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List: $DGAZ -10%, $DRYS -8%, $INF -7%, $GPRO -4%, $CS $TSN $BBL $JNUG $PERI $AMRN $FCX $RIO $X $BHP $HMY $VALE $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: $AA $FDX $XENT $GRMN $NFLX $GEF $HPQ $UHS $DDR $CR $DIN $DD $BTI $ASC $MYCC $EXPE as time allows I will update before market open or refer to chat room notices.
(6) Downgrades:$ZNH $CEA $CORR $MET $AKRX $ATHM $MMP $ALB $GPRO $CSRA $TWX $ATRC $UTHR $TTI $PG $SWX $PODD $MJN 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).
