Category Archives: Trading Plan

Stock Trading Plan for Friday Feb 3, 2017 in Trading Chat room. $CERU, $NAKD, $PTN, $AMRS – $TRCH, $LGCY, $CBMX, $JUNO $DUST – 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 Post Market Report Last Evening:

Trading Room News Memo – There is a new member memo out that updates our members on trading room news and upcoming events. It also discusses our upcoming announcement of weekly webinars for existing members that wish to use our work in a more in depth manner and prospective members that would like to understand more about what we do. These webinars will be weekly for all six algorithmic charting models, our swing trading service and our trade room – each being 30 minutes in length. You will find the memo here: 

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

Trading Room Transcripts and Post Market Trading Reports – Some members have asked about trading room transcript accessibility, we are currently interviewing providers and should have an announcement early next week. The post market trading result reports that we haven’t posted over the last few weeks we will catch up on this weekend and going forward will do our best to get them out daily, but I get it, the more convenient and timely the data is the better – so we’re working on that solution right now.

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, $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:

Interesting times. Gold sitting on support, Silver on support, as is $USDJPY and $DXY. $SPY near dead but has got some jig this morning, $VIX near dead and $OIL near break-out. I would say sometime between now and end of Tuesday we get fireworks. My guess either this afternoon or it starts Sunday night.

Morning Momo / News and Social Bits:

Momo Watch: $CERU, $NAKD, $PTN, $AMRS

Nonfarm Payrolls Jan. 227K, Exp. 175K Employment gains in November and December combined were 39,000 lower than previously reported

Job gains outpace expectations; UE rate edges higher http://seekingalpha.com/news/3240436-job-gains-outpace-expectations-ue-rate-edges-higher?source=feed_f … #premarket

U.S. unemployment rate rises in January, NFPs beat

Treasury yields edge lower after strong jobs print http://seekingalpha.com/news/3240452-treasury-yields-edge-lower-strong-jobs-print?source=twitter_sa_factset … #premarket $TLT $TBT

Phillips 66 profit posts wide miss on lower refining margins http://seekingalpha.com/news/3240449-phillips-66-profit-posts-wide-miss-lower-refining-margins?source=feed_f … #premarket $PSX $PSXP

Gigamon -12.77% premarket; Q4 2016 revenue, Q1 2017 outlook not up to expectations http://seekingalpha.com/news/3240451-gigamon-minus-12_77-percent-premarket-q4-2016-revenue-q1-2017-outlook-expectations?source=twitter_sa_factset … #premarket $GIMO

$DECK Deckers Outdoor’s stock plunges 22% premarket after Q3 results late Thursday

Nordstrom’s stock slips 2.1% in premarket trade

Goldman Sachs lifts estimates on Wynn Resorts http://seekingalpha.com/news/3240429-goldman-sachs-lifts-estimates-wynn-resorts?source=feed_f … #premarket $WYNN

U.S. near placing duties on stainless steel sheet from China http://seekingalpha.com/news/3240430-u-s-near-placing-duties-stainless-steel-sheet-china?source=twitter_sa_factset … #premarket $AKS

$GPRO is down -13.0% in premarket. The ATM straddle is implying a move of ±15.6%

#FireEye upgraded to equal-weight from underweight at First Analysis. Price target $11.
$FEYE -17.89% at 10.60 premarket #cybersecurity

Amazon stock slumps 4% premarket; after-hours earnings included holiday miss

Pernix loses arbitration case with Glaxo, on the hook for up to $40M http://seekingalpha.com/news/3240426-pernix-loses-arbitration-case-glaxo-hook-40m?source=feed_f … #premarket $PTX $GSK

Cambrex revenues up 14%; non-GAAP EPS up 22% in Q4; updates guidance http://seekingalpha.com/news/3240425-cambrex-revenues-14-percent-non-gaap-eps-22-percent-q4-updates-guidance?source=feed_f … #premarket $CBM

$IPCI receives FDA nod, $GEN inks new deal, $AMGN rec

Load factor top 90 % at Rynair Holdings http://seekingalpha.com/news/3240419-load-factor-top-90-percent-rynair-holdings?source=twitter_sa_factset … #premarket $RYAAY $RYAOF

Pixelworks’ stock soars 18% premarket after Q4 results late Thursday

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: $CERU, $NAKD, $PTN, $AMRS

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

(2) Pre-market Decliners Watch-List: $PTX, $FEYE, $NEOS, $ATHN, $GPRO, $CLVS, $AMZN, $TVIX, $ARRY, $CROX 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: $F $CDK $ESV $RIG $FCAU $KMT $PDS $BLL $PTCY $AA $AMTD $DECK $WFT $KEX $FTNT $VECO $CMG $VECO $XYL as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $Q $NSH $NS $PRXL $CLVS $GPRO $ETN $TSCO $NGVC $USDP $APU $TERP $GLBL $RL $MMP $MO $IP $ARRY $FEYE $RL $CNXC 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: $CERU, $NAKD, $PTN, $AMRS, $CBMX, $JUNO, $DUST, $TRCH, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F