Premarket Note

Curt MelonopolyPremarket,

Good morning traders,

“Although tide has lifted nicely on most of swing portfolio, just haven’t got my timing right on oil swings yet, we’re winning there, but not like we should.”

https://twitter.com/SwingAlerts_CT/status/1257652431250436097

Well we got the pop we were looking for, markets hot around the world overnight and in premarket.

The swing trade alerts and day trading alert feeds are busy.

Some positioning this morning I sent out to swing trading feed, some day trades in play, oil have to get my swing timing right and I would expect lots of oil daytrades remainder of week.

Will be in live trading room at open and on mic if active trade.

Should have the swing reporting, updated P&Ls, and oil reporting out tonight.

New themes should take hold here now, obviously the chosen few ($MSFT for example) through to singularity are leading in tech (however, in many we see a possible flash crash so we’re light in the ones we are in) – we’re looking for better opportunities than the mass trend leaders.

Looks like a major run to end of Aug in play with possible pins pulled by far left extreme as only risk (think COVID as an example).

$IWM Russel 2000 looking more attractive as a way to spread around some risk and possible rotation over the hill somewhat, starter in there this morning.

$TGTX too bad in the long term swing ebb and flow I didn’t have more size but I’m letting the 10% run for now that I do have. 

man…. was playing the swing on this for a long time for decent returns, but recently was trimmed out profits 90%, so i have a runner of 10% left, oh well, profit is profitDirect hitFireBow and arrow #swingtrading $TGTX

TG Therapeutics Announces Positive Topline Results from the UNITY-CLL Phase 3 Study Evaluating… $TGTX #premarket #daytrading

$SPY sizing up (adds) to long, if you stayed in $CHGG swing now is the time to consider serious trims or exit (was up 17% this morning last I checked), TESLA $TSLA will add to my high risk short at resistance area(s) noted, watching $VIX and $OVX for long positioning adds through this cycle, Pager Duty $PD and $IBB trimming out longs, $CUTR trimmed starter (insider play) profits, and lots more going on.

Any questions shoot me a note anytime.

Curt

 

And from the 4:49 AM Premarket Note to Trader’s this morning (in case you missed it)

Looks like the markets are happier today as expected.

I am still a tad concerned about the symmetrical drop possible on Amazon noted yesterday that would come in at its low 3rd week of September – but unlikely it occurs as the markets should run in to the broad time cycle (remain bullish in trajectory to end of Aug time cycles). Speaking generally, this is what it seems. Review $STUDY webinar videos.

Oil seems a tad ahead of itself this morning so hopefully we get some pull back for more rally. See symmetrical trajectory on 1 hour charting.

Gold pulling back a bit here makes sense. Looking for long ads on supports per Sunday Study video (Silver also).

Bitcoin 9036.00 strong makes sense in to its event and while broad markets rally.

Volatility should get crushed further in to and near buy points starting.

Generally speaking watch the weekend STUDY videos, levels are all there.

Should be an active day of trade.Hopefully things pull in a bit for about 7:30 AM and then we can start entries for a day rally, will advise.

Thanks

Curt

 

PS – And if you’re not attending the weekly Swing Trade Sunday $STUDY sessions you are doing yourself a disfavor in my opinion, last week was loaded with set-ups and each week as we go through to this end of this time cycle the trading set-ups will get more clear and the returns greater. Historic trader opportunities in to the election. 

Weekly Sunday Swing Trade $STUDY Webinars 7-11 PM.

Prepare for Trading Week Set-Ups (Trades On Watch).

100.00/10 Weeks (40 hrs of study) members 50.00. Video provided if you can’t attend live.

https://compoundtrading.com/product/swing-trading-webinar-sun-mar-1-pl-review-how-each-trade-was-identified-and-executed-charting-trades-on-watch/

$CL_F $USO $WTI $SPY $VIX $GLD $GC_F $SLV $BTC $USD $DXY

 

Read More