PreMarket Trading Plan Mon Sept 17: Tariffs, Pot, $CLRB, $TWTR, $AMZN, $BABA, $SHOP, $BOX, $DIS, $AAPL, $TSLA, $FB, $ARWR more.
Compound Trading Premarket Trading Plan & Watch List Monday September 17, 2018.
In this edition: Tariffs, Pot, $CLRB, $TWTR, $AMZN, $BABA, $SHOP, $BOX, $DIS, $AAPL, $TSLA, $FB, $ARWR and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notices:
Notes in red text in this report are more recently important.
Scheduled Events:
- Sept 17 – Lead trader is in the main trading room for market open and mid day review today.
- September Live Trading Room Challenge, Coaching, News, Events, Q & A and More: information for existing members, those asking about our services and new on-boarding members
- The main live trading room going forward is open 24 hours a day (regular sessions and futures, with 1 hour breaks every 10 hours for server reboots) live recorded trading with our Lead Trader Curtis.The exceptions are; Trade Coaching Boot Camps, special trading webinars or if the lead trader is not available.
- Week of Sept 17 – New pricing published representing next generation algorithm models (existing members no change).
- Week of Sept 17 – Next generation algorithm models roll out (machine trading Gen 1).
- Week of Sept 17 – Trading Profit and Loss Published for Q1 and Q2 2018 (a report detailing trading / alert performance of our team).
- Week of Sept 17 – Trade Coaching Boot Camp Event videos become available on our website.
- Week of Sept 17 – The previously recorded Master Class Videos will become available on our website.
- Sept 14-16 Cabarete Trade Coaching Boot Camp went well, there are a series of post links on this landing page that detail what our itinerary was each day etc.
Machine Trade Coding Team Mandate: In current development and roll-out (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning.
Premarket Report: On lead trader availability basis only (the premarket reports are not published every market day).
Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
https://twitter.com/CompoundTrading/status/880670140454637569
Real-time Trade Alerts:
Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Oil Trading Alerts, Swing Trading Alerts, Day Trading Alerts, Bitcoin Trading Alerts.
Disclaimer / Disclosure, Terms of Use:
Subscribers to read disclaimer.
Blog / Video / Social Posts / Learn to Trade:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
https://twitter.com/CompoundTrading/status/927397024315662336
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
https://twitter.com/CompoundTrading/status/889148655785177088
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
https://twitter.com/CompoundTrading/status/889147527278333952
Some Recent Chart / Trade Set-Up Reports:
See YouTube, member email direct reports and blog for other recent videos or blog posts. Listed from most recent. Much of the premium member reporting posted below is delayed and may or may not require password.
Sept 5 – Day Trading and Swing Trading CRONOS GROUP Inc. (CRON)
Aug 16 – Oil Trade Alerts: How We Knew Where Oil Sell-Off Bottom Was in Advance. Crude Oil Trading Strategy.
Aug 12 – Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)
Earnings Season Charting July 24 $RIOT, $CELG, $ARWR, $EXTR, $EDIT, $SOHU, $ESPR, $LPSN, $XOMA …
Swing Trading Special Report $CELG, $RIOT, $ARWR, $EXTR, $EDIT, $MBRX, $SOHU, $ESPR, $LPSN, $XOMA.
Swing Trading Special Report $SPY, OIL, $VIX, $DXY, $GOOGL, $HCLP, $ARRY, $ARWR, $CDNA, $XXII, $SSW
Swing Trading Set-ups Special Report; $VIX, $DXY, $SPY, $DIS, $RCL, $RKDA, $SQ, $HEAR, $TGTX, $SMIT
Recent Educational Articles / Videos:
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
Trading Plan / Watch Lists. Morning Momentum / Gaps / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Many of the set ups that we charted and alerted during coaching boot camp are likely to alarm early week, so I’m expecting trades for those, we are also updating the complete platform equity list charting in the same way (re-charting them all and alarming them etc) – so this week and going forward should become very active in the trading room and on alert feeds.
There’s a lot of news flow this morning so I’m likely to watch open and see which charting alarms before trading.
Market Observation:
Markets as of 7:38 AM: US Dollar $DXY trading 94.94, Oil FX $USOIL ($WTI) trading 69.40, Gold $GLD trading 1198.66, Silver $SLV trading 14.17, $SPY 290.88 (premarket), Bitcoin $BTC.X $BTCUSD $XBTUSD 6439.00 and $VIX trading 12.6.
Momentum Stocks / Gaps to Watch: $NEPT $CLRB $SIR $NBEV
Your Monday morning Wake Up Call:
$CLRB Cellectar stock surges 15% premarket after FDA fast tracks treatment for rare childhood cancer.
Chinese e-commerce giant Alibaba begins its 2 day “Investor Day” today, though chairman Jack Ma won’t speak until tomorrow.
Catch the webcast here: https://www.alibabagroup.com/en/ir/home
$BABA
Your Monday morning Wake Up Call:
Chinese e-commerce giant Alibaba begins its 2 day "Investor Day" today, though chairman Jack Ma won't speak until tomorrow.
Catch the webcast here: https://t.co/tofbNv3b0U$BABA
— Benzinga (@Benzinga) September 17, 2018
News:
Iran’s Export Pain Could Mean a Hot Winter for Oil. Producers may not have enough spare capacity to offset the impact of sanctions. https://www.bloomberg.com/view/articles/2018-09-16/iran-s-export-pain-could-mean-a-hot-winter-for-oil
Metals and mining shares hit by news of Trump’s proposed China tariffs. https://www.ft.com/content/70917a9a-ba67-11e8-94b2-17176fbf93f5
Cannabis company Canopy Growth wins regulatory approval to expand production.
Your Monday morning Speed Read:
– Meredith sells Time Magazine to Salesforce’s Marc Benioff & wife Lynne for $190M $MDP $CRM
– FedEx Q1 results due after hours; analysts expect EPS $3.82 on $16.9B in sales $FDX
– Pot stocks buzzing on report Coca-Cola is #Cannacurious $KO $ACBFF
Your Monday morning Speed Read:
– Meredith sells Time Magazine to Salesforce's Marc Benioff & wife Lynne for $190M $MDP $CRM
– FedEx Q1 results due after hours; analysts expect EPS $3.82 on $16.9B in sales $FDX
– Pot stocks buzzing on report Coca-Cola is #Cannacurious $KO $ACBFF— Benzinga (@Benzinga) September 17, 2018
Shares knocked lower after new U.S. tariff threat on Chinese goods
Shares knocked lower after new U.S. tariff threat on Chinese goods https://t.co/x6Yh7oucy3
— Reuters (@Reuters) September 17, 2018
$AMZN Amazon investigating claims of employees leaking data for bribes.
Amazon investigating claims of employees leaking data for bribes https://t.co/QWMXDXqt0n
— Reuters (@Reuters) September 17, 2018
Recent SEC Filings / Insiders:
Recent IPO’s:
Gritstone Oncology sets terms for IPO to raise up to $91.1 million
Qutoutiao prices IPO at $7 per ADS, raising $84 million
Navios ceases plan for IPO on Nasdaq
Tesla rival Nio to go public after pricing IPO at low end of expectations
Zekelman Industries to offer 41.8 million shares in IPO, priced at $17 to $19 each
Eventbrite to offer 10 million shares in IPO priced at $19 to $21 each
Cancer blood-testing company Guardant Health files for IPO.
Eli Lilly’s Elanco sets IPO terms to raise up to $1.45 billion before options
Earnings:
#earnings for the week
$MU $ORCL $FDX $AZO $RHT $GIS $CBRL $DRI $APOG $THO $UNFI $CPRT $MLHR $SCS $SMMT $AMRK
#earnings for the week$MU $ORCL $FDX $AZO $RHT $GIS $CBRL $DRI $APOG $THO $UNFI $CPRT $MLHR $SCS $SMMT $AMRK https://t.co/r57QUKKDXL https://t.co/cAnHRobuy5
— Melonopoly (@curtmelonopoly) September 17, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Trade Alerts, Open and Closed Trades:
Please refer to the date at top left of each chart (charts are often carried forward for sometime).
CELLECTAR (CLRB) premarket up 20% on FDA news trading 2.64. $CLRB #premarket #daytrading
SHOPIFY (SHOP) Per Sean alert in live daytrading room yesterday $SHOP got over resistance today targeting 166s next #tradealerts #daytrade
BOX INC (BOX) Swing trading plan well in play with nice bounce off 50 MA on way to symmetrical price target. $BOX #Swingtrading #TradeAlerts
$BABA long side premarket 165s swing trade targets 178.67 then 207.50 Dec 17, 2018. #swingtrading #trade #alerts
XENETIC BIOSCIENCES INC How to trade XBIO charting set-up number 1. $XBIO #swingtrading #tradealert
XENETIC BIOSCIENCES INC How to trade XBIO charting set-up scenario Number 2. $XBIO #swingtrading #tradealert
PROQ THERAPEUTICS (PRQR) ran another 15% yesterday near a buy sell trigger resistance, trim in to it add above. $PRQR #swingtrading #daytrade
ALLERGAN (AGN) Chart structure reversal in to channel following call perfectly at this point. $AGN #swingtrading #chart
FACEBOOK (FB) On watch for wash-out snap-back trade now, main support and resistance marked on chart $FB #swingtrade #daytrade
DISNEY (DIS) From this target above 110.50 targets 118.00 area and below targets 103.00 area. $DIS #swingtrading #daytrading
APPLE (AAPL) If it doesn’t get a bounce here at 20 MA then 212.65 is the retracement point to try for a bounce. $AAPL #swingtrading #daytrading
ALIBABA (BABA) If no bounce at 100 MA that is near it is most probable to bounce in 147 range. $BABA #swingtrading
ARROWHEAD PHARMA (ARWR) Upper parallel trending channel per previoys clearly in play at this point. $ARWR #swingtrading #daytrading #chart
TESLA (TSLA) Wash out playing out as expected-alerted, watch Fri time cycle peak for trade of 280. $TSLA #daytrading #swingtrading
VOLATILITY (VIX) So we have a MACD turn up on weekly chart structure, Stoch RSI SQZMOM up, 20s possible Oct 1. $VIX $TVIX $UVXY #volatility #chart
BITCOIN (BTC) Wedge chart pattern on daily time-frame chart. $BTC $XBT $XBTUSD #Bitcoin #Chart
Market Outlook, Market News and Social Bits From Around the Internet:
Trump praises tariffs while trade talks with China hang in the balance https://bloom.bg/2MG87hw
Trump praises tariffs while trade talks with China hang in the balance https://t.co/NEgrpi9XvX pic.twitter.com/BmkWnQc59u
— Bloomberg Markets (@markets) September 17, 2018
Abu Dhabi is planning the biggest oil IPO in a decade.
Read:
https://twitter.com/EPICtheAlgo/status/1041666261967613957
Chart: The CBOE 10yr Treasury Volatility Index (VIX-equivalent) hits a record low amid growing complacency in rates markets –
Chart: The CBOE 10yr Treasury Volatility Index (VIX-equivalent) hits a record low amid growing complacency in rates markets – pic.twitter.com/femBOrkccw
— (((The Daily Shot))) (@SoberLook) September 17, 2018
If you are new to our trading service you should review recent blog posts, the Compound Trading 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 the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. 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 Intra-day Trading 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 Charting Model 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: $SNMX $SIR $ABIL $NCTY $ARGX $NBEV $SFET $SWZ $TEVA $NLST $NEPT $TLRY $QTT $MDGS $GERN $CRON
(2) Pre-market Decliners Watch-List : $HUYA $MOMO $BABA $MU
(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 $WTI ($UWT, $DWT, $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), $BTCUSD Bitcoin.
(5) Recent Upgrades:
$FII $A $BBBY $GGB $AXP $MAC $PXD $PHG $MBUU $AVGO $MA $LULU $NXPI $VVV$OXM $MA $PBYI $JWN $TEVA $LUV
(6) Recent Downgrades:
$ARNC $HRL $ADS $ST $RVNC $VALE $V $COST $MCHP $SFM $AZO $CAKE $MCD $MU
When this censorship sh*show blows sky high $TWTR will take the biggest hit of the group $GOOGL $AAPL $FB
When this censorship sh*show blows sky high $TWTR will take the biggest hit of the group $GOOGL $AAPL $FB https://t.co/J11oULAKWV
— Melonopoly (@curtmelonopoly) September 17, 2018
Twitter stock falls after MoffettNathanson lowers target to $21
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
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly
Article Topics: Premarket, Stocks, Trading Plan, Trade Alerts, Trading Room, Swing Trading, Day Trading, Tariffs, Pot, $CLRB, $TWTR, $AMZN, $BABA, $SHOP, $BOX, $DIS, $AAPL, $TSLA, $FB, $ARWR.