PreMarket Trading Plan Mon Aug 20: $SSC, $SODA, $FB, $AAPL, $NKE, $TSLA, OIL, $VIX, $DXY, $SPY more.
Compound Trading Premarket Trading Plan & Watch List Monday August 20, 2018.
In this edition: $SSC, $SODA, $FB, $AAPL, $NKE, $TSLA, OIL, $VIX, $DXY, $SPY 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:
- Monday Aug 20 – I may or may not be available Monday and Tuesday as my daughters are on island with me until late Tuesday this week (Curt)
- Live Trading Room with lead trader and/or other team members as follows and as available (constant change in the markets);
- 9:25 Market Open – access limited to live trading room members
- 12:00 Mid Day Trade Review – access limited to live trading room members
- Any other live trading sessions will be notified by email.
- The above listed times are expected live trading time blocks only. Live voice broadcast will only occur if there is a trade set-up to discuss by the lead trader. Screen sharing will be active through-out each time frame.
- Link: https://compoundtrading1.clickmeeting.com/livetrading
- Password: **** (email for access if you do not have it, password changes will be emailed when changed only)
- For membership access, options here: https://compoundtrading.com/overview-features/
- Before Sept 1 – New pricing published representing next generation algorithm models (existing members no change).
- Before Sept 1 – Next generation algorithm models roll out (machine trading Gen 1).
- Before Sept 1 – Trading Profit and Loss Published for Q1 and Q2 2018 (a report detailing trading / alert performance of our team).
- Aug 25-26, Santo Domingo – Oil Algorithm (EPIC) Multi-User License Trade Execution & Integration (private invitational, institutional).
- Sept 14-16, Cabarete – Trade Coaching Event – Learn How to Trade or Take Your Trading to the Next Level (public, retail).
Machine Trading 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:
Subscribers to read disclaimer.
Recent Blog / Video / Social Posts:
#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.
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
“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.
How to Swing Trade Like the Pros and Win Most Trades.
Protected: How to Trade Allergan (AGN) Stock Move (Exclusive) $AGN
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 (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Stocks making the biggest moves premarket: SODA, FB, AAPL, NKE, TSLA & more –
Stocks making the biggest moves premarket: SODA, FB, AAPL, NKE, TSLA & more – https://t.co/bcNBp5fx0j
— Melonopoly (@curtmelonopoly) August 20, 2018
$SSC Seven Stars Cloud Signs Exclusive, Ground-breaking, Three-Year $24B Deal with China’s Largest Electric Bus Full-Service Operator http://www.streetinsider.com/Press+Releases/Seven+Stars+Cloud+Signs+Exclusive%2C+Ground-breaking%2C+Three-Year+%2424B+Deal+with+Chinas+Largest+Electric+Bus+Full-Service+Operator/14529506.html … via @Street_Insider
Market Observation:
Markets as of 7:36 AM: US Dollar $DXY trading 96.23, Oil FX $USOIL ($WTI) trading 65.86, Gold $GLD trading 1187.20, Silver $SLV trading 14.70, $SPY 285.06, Bitcoin $BTC.X $BTCUSD $XBTUSD 6440.00 and $VIX trading 12.6.
Momentum Stocks / GAPS to Watch: $SSC
Seven Stars Cloud Group (SSC) premarket up 140 percent trading 4.80 on 24B contract news $SSC #premarket #trading https://finance.yahoo.com/news/seven-stars-cloud-signs-exclusive-121500532.html?.tsrc=rss
Seven Stars Cloud Group (SSC) premarket up 140 percent trading 4.80 on 24B contract news $SSC #premarket #trading https://t.co/Pt6AcHLauv pic.twitter.com/Slq3x9Irut
— Melonopoly (@curtmelonopoly) August 20, 2018
25 Stocks Moving In Monday’s Pre-Market Session https://benzinga.com/z/12230022 $BBOX $NOVN $HMI $SODA $CLD $BZUN $LCI $EL $INFY $TSLA
25 Stocks Moving In Monday's Pre-Market Session https://t.co/JXXUPw6PdH $BBOX $NOVN $HMI $SODA $CLD $BZUN $LCI $EL $INFY $TSLA https://t.co/KjPnsUtiii
— Melonopoly (@curtmelonopoly) August 20, 2018
News:
Your Monday morning Speed Read:
– Susquehanna cuts Constellation Brands to Negative, questions why it trades at a premium to peers $STZ
– Pepsi to buy Sodastream for $3.2B $PEP $SODA
– Reports Saudis Tesla hoped would fund its go-private deal are talking with a rival… $TSLA
Your Monday morning Speed Read:
– Susquehanna cuts Constellation Brands to Negative, questions why it trades at a premium to peers $STZ
– Pepsi to buy Sodastream for $3.2B $PEP $SODA
– Reports Saudis Tesla hoped would fund its go-private deal are talking with a rival… $TSLA— Benzinga (@Benzinga) August 20, 2018
PepsiCo $PEP Agrees to Acquire SodaStream $SODA for $144/Sh in Deal Valued at $3.2B @Street_Insider
Lannett stock slides 33% after it loses a customer contract, issues a profit warnings
Tyson Foods to acquire Keystone Foods for $2.16 billion in cash
$ANTM and $WMT Partner to Increase Access to OTC Medications
$MGTX AAV-CNGB3 Granted Fast Track Designation for Treatment of Achromatopsia
$SSKN STRATA Skin Sciences Announces Strategic Agreement with a Large Private Equity Backed Group of Dermatology Clinics
Recent SEC Filings / Insiders:
$SRPT CEO buys 16K shares @ avg price: $125.26/share
Weight Watchers 6M share Block Trade priced at $76.00 $WTW http://dlvr.it/QfyXKn
Recent IPO’s:
BioNano Genomics to offer 2.45 million shares in IPO priced at $6 to $7 each
GoDaddy’s stock falls after public offering of 10.4 million shares
Earnings:
Estee Lauder earnings and sales beat expectations
#earnings this week
$BABA $MOMO $TGT $KSS $LOW $EL $TJX $TOL $MDT $SPLK $SJM $FL $URBN $COTY $PLCE $ADI $LB $DGLY $PSTG $VEEV $JLL $HRL $VMW $ADSK $QD $HPQ $RY $BITA $INTU $NM $GPS $TUES $ROST $NDSN $MYGN $WSM $RRGB $FLWS $PLAB $RGS $TTC $FLY $SAFM $FN
http://eps.sh/cal
#earnings this week$BABA $MOMO $TGT $KSS $LOW $EL $TJX $TOL $MDT $SPLK $SJM $FL $URBN $COTY $PLCE $ADI $LB $DGLY $PSTG $VEEV $JLL $HRL $VMW $ADSK $QD $HPQ $RY $BITA $INTU $NM $GPS $TUES $ROST $NDSN $MYGN $WSM $RRGB $FLWS $PLAB $RGS $TTC $FLY $SAFM $FN https://t.co/r57QUKKDXL https://t.co/Sg0MDPbocw
— Melonopoly (@curtmelonopoly) August 20, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
Please refer to the date at top left of each chart (charts are often carried forward for sometime).
Seven Stars Cloud Group (SSC) premarket up 140 percent trading 4.80 on contract news $SSC #premarket #trading
OIL testing upside intra-day resistance in structure, possible move to 61.65 next intra day. #oil #trading #algorithm
APPLE (APPL) premarket nearing 212.65 range resistance trading 210.30, trim in to it add above. $AAPL #premarket #swingtrading
US Dollar Index (DXY) Did come off intra-day at resistance area testing 200 MA on 30 min chart $DXY $UUP #USD
Oil sell-off today, EPIC Oil Algorithm buy side oil trade alerts 64.50 buy side at day lows for members. #oil #trade #alerts FX $USOIL $WTI $CL_F $USO #OOTT #Algorithm
https://twitter.com/EPICtheAlgo/status/1029927566403100673
$VIX on daily chart MACD crossing up. $TVIX $UVXY #volatility #VIX
Oil Daily Chart. MACD cross up failed, trade under 50 MA. Bearish trend continues. Aug 12 947 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart
PS Dollar trading HOD $DXY 95.47 and if 95,61 breached held it will rip some faces off.
PS Dollar trading HOD $DXY 95.47 and if 95,61 breached held it will rip some faces off.
— Melonopoly (@curtmelonopoly) August 9, 2018
One of our best swing trades of the year by far…. blew through our most bullish target today and then some and more and more some. $GTHX #swingtrading
One of our best swing trades of the year by far…. blew through our most bullish target today and then some and more and more some. $GTHX #swingtrading pic.twitter.com/Y9MBk0hE7F
— Melonopoly (@curtmelonopoly) August 9, 2018
SP500 (SPY) Chart continues trend with MACD flat on high side about to test previous highs. $SPY $ES_F $SPXL $SPXS
Gold on 50 percent retrace, MACD may cross up here. Aug 9 1243 AM #Gold $GLD $GC_F $XAUUSD $UGLD $DGLD #chart
It bounced and hasn’t looked back. #swingtrading $AAOI
It bounced and hasn't looked back. #swingtrading $AAOI https://t.co/vhSzw9TK58
— Melonopoly (@curtmelonopoly) August 8, 2018
$TSLA Swing target price hit. #swingtrading
$TSLA Swing target price hit. #swingtrading https://t.co/AoyhwOjYkz
— Melonopoly (@curtmelonopoly) August 8, 2018
FACEBOOK (FB) Closed 177.78 Friday with 181.80 trajectory price target Aug 8 then 195.00 Aug 27. $FB #swingtrade #chart
Health Innovations (HIIQ) ripped through the chart structure in a fantastic way. Careful above channel resistance. $HIIQ chart. #swingtrade
ALPHABET (GOOGL) Daytrading chart with lower time frame support and resistance levels for daytraders. $GOOGL #daytrading #chart
$BTC 8300’s to 6900’s…. always know where that 200MA is. #Bitcoin #premarket #crypto
$BTC 8300's to 6900's…. always know where that 200MA is. #Bitcoin #premarket #crypto pic.twitter.com/HneG44UaSs
— Melonopoly (@curtmelonopoly) August 6, 2018
Market Outlook, Market News and Social Bits From Around the Internet:
#5things
-Pepsi buys sodastream
-Venezuela 95% devaluation
-Musk not slowing down
-Markets rise
-Jackson hole
https://bloom.bg/2ONxYFK
Futures climb on U.S.-China trade talk optimism –
Futures climb on U.S.-China trade talk optimism – https://t.co/FqkyYCrTGw
— Investing.com Stocks (@InvestingStockz) August 20, 2018
The oil trade only for those ready to brave the wild yuan
https://www.bloomberg.com/news/articles/2018-08-19/china-oil-trade-is-only-for-those-ready-to-brave-yuan-s-wildness … via @business #OOTT
The oil trade only for those ready to brave the wild yuanhttps://t.co/DZkTBJGobt … via @business #OOTT https://t.co/p9FOnMhoEf
— Melonopoly (@curtmelonopoly) August 20, 2018
Safe havens, U.S. rates and physical demand: Gold myths busted https://bloom.bg/2OQur9x
Safe havens, U.S. rates and physical demand: Gold myths busted https://t.co/FLu26Hsd4f pic.twitter.com/191Q6bCy7i
— Bloomberg Markets (@markets) August 20, 2018
Complacency is back. Following the February blowout short bets on the C’boe #VIX rose to a 9-mth high last week as short – and risky – carry trades return #ES_F
Complacency is back. Following the February blowout short bets on the C'boe #VIX rose to a 9-mth high last week as short – and risky – carry trades return #ES_F pic.twitter.com/K9ee8h1RkN
— Ole S Hansen (@Ole_S_Hansen) August 20, 2018
COT: Dollar long extends further, record #bonds short and increased VIX complacency. #forex #stocks
COT: Dollar long extends further, record #bonds short and increased VIX complacency. #forex #stocks https://t.co/EyPg5JUH2Z pic.twitter.com/qo1WwxlfZy
— Ole S Hansen (@Ole_S_Hansen) August 20, 2018
Highest weekly outflows from XLE in > a year.
Highest weekly outflows from XLE in > a year. pic.twitter.com/YukT8EBOtX
— Luke Kawa (@LJKawa) August 20, 2018
COT: Record #gold short while #oil sees no short-selling appetite
COT: Record #gold short while #oil sees no short-selling appetite https://t.co/MjM4GgHIBk pic.twitter.com/9Ishh9dSFZ
— Ole S Hansen (@Ole_S_Hansen) August 20, 2018
This is epic: Bets against Treasuries are increasingly becoming a crowded trade. The 10yr note speculative net short position hit another record. ht@soberlook #gottreasuries?
This is epic: Bets against Treasuries are increasingly becoming a crowded trade. The 10yr note speculative net short position hit another record. ht@soberlook #gottreasuries? pic.twitter.com/n6YCWFEo74
— Ronnie Stoeferle (@RonStoeferle) August 20, 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: $GLG $BBOX $UUU $CMCM $SODA $ADMP $PPDF $SSKN $KANG $YRD $CRON $DGAZ $JNUG $AU $NKE $TTM $HUYA $IQ
(2) Pre-market Decliners Watch-List :
(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:
Southwest $LUV PT Raised to $68 at Macquarie
RBC Capital Starts Aquestive Therapeutics $AQST at Outperform
Equinix $EQIX PT Raised to $500 at RBC Capital
(6) Recent Downgrades:
YogaWorks shares slide after downgrade on potential revenue decline
Tesla Motors $TSLA PT Cut 37% to $195 at JPMorgan as Funding Does Not Appear Secured @Street_Insider
MarketAxess $MKTX PT Lowered to $205 at Sandler O’Neill
$FPRX PT lowered from $60 to $44 at Citi
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, Watchlist, Stocks, Trading, Plan, $SSC, $SODA, $FB, $AAPL, $NKE, $TSLA, OIL, $VIX, $DXY, $SPY