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Premarket Watch List Feb 27
Premarket Notes
Good morning traders!
In trading room for open, EIA, mid day review, and during active trades. Back later for futures.
Still watching Home Depot for snap back trade or continued sell-off (per yesterday’s premarket watchlist)
Protected: The Home Depot Stock Trade | Earnings Sell-Off | Trade Set-Up Alert
Also watching close existing swing trades and swing trade watch list from recent reports.
Protected: Swing Trade | Current Positions $GOOGL, $NKE, $ARWR, $XOM, Oil, Gold, Bitcoin, NatGas …
Watch out for Trump – China as always. And his tweets haha.
Stocks making the biggest moves premarket: Lowe’s, Best Buy, Weight Watchers, Office Depot & more –
https://twitter.com/CompoundTrading/status/1100752819194343424
Oil trade going well (alerted / public chat room trading room trades):
Monday: 9 trades 88 ticks up various size all on video and/or alert feed, chat room – time stamped. Some chop in there, wasn’t all easy.
Tuesday: 1 win for the machine, none for me personally.
Wednesday: Today is EIA, big day. API last night large draw.
Team WIP is moving along, updates soon on that. Master Class from Tuesday’s oil session should be out soon here today, it was many hours so the transcription and charting is taking time. All other regular reports on deck. We’re in technical deep end right now with transition to private and significant increase in machine trade coming soon.
Stay in the Know – Important Updates:
Compound Trading Group Goes Private April 30, 2019.
Price Increase Mar 4: Oil Trade Services (Bundle, Newsletter, Alerts, Trading Room) w/ Promo Codes.
Machine Learning Trade Software Advisory | Crude Oil: (1) Frequency Protocol (2) IDENT Program.
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release.
Thanks
Curt
Premarket Watch List
Premarket Notes, Current Trades, Watch List and More.
Mornin’
In trading room for open, mid day review, and during active trades. Back later for futures also.
Watching Home Depot sell off at open today. This may really sell off for some time but we will see.
Protected: The Home Depot Stock Trade | Earnings Sell-Off | Trade Set-Up Alert
Also watching close existing swing trades and swing trade watch list from report last night.
Oil trading going well, yesterday was choppy but the machine software and I carved out a day of wins.
9 trades 88 ticks up various size all on video and/or alert feed, chat room – time stamped. Some chop in there, wasn’t all easy.
Had one trade on a small account that wasn’t great because of an internet outage at a bad time but other than that it was a good day.
9 trades 88 ticks up various size all on video and/or alert feed, chat room – time stamped. Some chop in there, wasn't all easy.
— Melonopoly (@curtmelonopoly) February 25, 2019
Thanks
Curt
The Home Depot Stock Trade | Earnings Sell-Off | Trade Set-Up Alert
Home Depot Trade: Swing Trade and Day Trade.
Home Depot is trading 185.36 pre-market down 2.43% on earnings guidance.
The News Story Link:
Home Depot Misses Q4 Earnings on Interline Charge; Sees Softer 2019 Profit #swingtrading $HD #earnings https://www.thestreet.com/investing/earnings/home-depot-misses-q4-earnings-on-interline-charge-sees-softer-2019-profit-14877506
The Chart:
How to Trade It:
Key Support 174.30 area trading 185’s in premarket so 174’s is quite a ways down, however, I think it is possible.
Key Resistance 191.00 area. Anything under 191 seems short bias to 174 s.
Watch the 182 s on way down (trading box support) and the 200 MA on the 4 hour.
On the day trade side of things, use the horizontal support and resistance levels on the chart for the trade. I will alert as I trade it also.
Thanks
Curt
Swing Trade Set-Ups $XRT, $SYK, $NVDA, $JNJ, $FNSR, $AAPL, $GOOGL, $XOM, $NKE, GOLD, OIL …
Trade Set Ups for Swing Trading Tuesday February 26, 2019.
Swing Trading Signals in this Report: $XRT, $SYK, $NVDA, $JNJ, $FNSR, $AAPL, $GOOGL, $XOM, $NKE, GOLD, OIL and more. .
Email us at [email protected] anytime with questions about any of the swing trade set ups covered in this video. Market hours can be difficult to respond but we endeavor to get back to everyone after market each day.
Earnings Season Calendars.
Bloomberg Earnings Season Reporting Calendar List: https://www.bloomberg.com/markets/earnings-calendar/us
Investing.com Earnings Calendar: https://www.investing.com/earnings-calendar/
Earnings Whispers #earnings for the Week:
#earnings for the week
$SQ $HD $CHK $ETSY $JD $M $MDR $PCG $FIT $AMRN $LOW $JCP $WTW $KOS $PANW $BKNG $ABB $BBY $SPLK $VEEV $AZO $TEX $TRXC $SHAK $NTNX $ECA $JT $WDAY $CRI $DNR $TNDM $AWI $DORM $GWPH $HTZ $TREE $PLAN $NSA $ICPT $FLXN $BNS $CROX $RRC
Earnings Season Special Reports Thus Far:
Feb 14 – Protected: Swing Trade | Current Positions $GOOGL, $NKE, $ARWR, $XOM, Oil, Gold, Bitcoin, NatGas …
Jan 29 – Protected: Swing Trading. Earnings. Video. $AMZN, $AMD, $TSLA, $FB, $NFLX, $MSFT, $AAPL, $DAL, $BAC, $C…
Jan 28 – Protected: Swing Trading: Earnings Special Report | $AMZN, $MSFT, $FB, $BABA, $TSLA
Jan 24 – Protected: Swing Trading: Earnings Special Report | $AAPL, $AKS, $AMD, $AGN, $EXP
Jan 17 – Protected: Swing Trading Earnings | Video: Trade Set-Ups | $MS, $AXP, $C, $SJR, $BAC, $DAL, $NFLX, $SPY, $VIX
Jan 16 – Protected: Swing Trading Earnings | Feature Report | $MS, $AXP, $C, $SJR, $BAC, $DAL, $NFLX
Jan 14 – Protected: Swing Trading Earnings | Feature Report | $C, $SJR, $BAC, $DAL, NFLX
Swing Trading Set-Up VIDEO:
#Swingtrading
A Review of Current Swing Trades in First Section Below and Then Other Swing Trade Set Ups I Am Watching for Entries Reviewed Below:
GOLD (GC_F, XAUUSD, GLD) trading 1326.00, entry 1319.78 short 1/20 starter size per previous reporting (starter) looking for a pull-back at resistance levels on chart reviewed on video.
NIKE (NKE) is a break out swing trade play, trading 85.64 I am long 84.84. 99.65 first target then 91.39, 93.31, 101.35 for ultimate target. See chart.
ARROWHEAD (ARWR) swing trade is going well, looking for 27.59 early April 31.34 range after that for a double. Will add at channel support.
GOOGLE (GOOGL) starter position long 1135.00, trading 1117.32, 1158.00 first target then 1214.17 then 1317.72.
EXXON (XOM) Earnings play going well. Looking for a price target 85.61 area. Trim in to each resistance, add above or at pull backs.
SHORT OIL (DWT) Still in small starter, Trump tweet helps me a bit get more onside than I was.
RETAIL ETF (XRT) Trading 45.43. Price over 100 with 20 MA underneath. Looking for 47.48 upside at 200 MA.
STRYKER (SYK) Break out trade set-up, extension over trade break out is what I am watching. Trading 188.31 with price extension to 192.84 then a retrace – likely scenario.
NVIDIA (NVDA) Price target 208.00 ish possible. First price target 100 MA, 2nd traget 186.85, 188.81 is the third price target. 168.25 HOD and looking at a possible long over that. Video explains set-up in more detail.
APPLE (AAPL) 181.66 is price target and 191.60 range is 200 MA as a possible price target above, trading 174.33 intra day, looking at it long – not the best trade set up of the bunch.
JOHNSON JOHNSON (JNJ) Price against a pivot on daily, over 138.00 is interesting for full extension, will re look at it at 138.00. Might be too late on this one. Was going to take trade a number of times and didn’t.
FINISAR (FNSR) Daily chart, another pivot play with full price extension up possible, over 25.37 I’m interested long for a price extension play long.
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
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Article Topics; Swing, Trading, Stocks, Earnings, $XRT, $SYK, $NVDA, $JNJ, $FNSR, $AAPL, $GOOGL, $XOM, $NKE, GOLD, OIL
Premarket Note
Premarket
We’re trading oil this morning and looking to manage swing trades, may even get a few snap back daytrades today in equity markets.
Trump decided to shake things up this morning:
Oil prices getting too high. OPEC, please relax and take it easy. World cannot take a price hike – fragile!
Oil prices getting too high. OPEC, please relax and take it easy. World cannot take a price hike – fragile!
— Donald J. Trump (@realDonaldTrump) February 25, 2019
Oil trades going well so far in premarket:
5 trades – 73 ticks $CL_F $USOIL $WTI $USOIL $UWT $DWT #OOTT #oiltrading
5 trades – 73 ticks $CL_F $USOIL $WTI $USOIL $UWT $DWT #OOTT #oiltrading
— Melonopoly (@curtmelonopoly) February 25, 2019
In trading room and on mic at market open, during active trade, mid day review and scheduled for futures tonight.
No premarket report, all other reporting in progress.
Be sure to review these posts published over the weekend:
Compound Trading Group Goes Private April 30, 2019.
Price Increase Mar 4: Oil Trade Services (Bundle, Newsletter, Alerts, Trading Room) w/ Promo Codes.
Thanks
Curt