PreMarket Trading Plan Tues Mar 21 $HTBX, $PTIE, $NAK, $NG_F, $UGAZ, $KALY, $USRM, $BLKG

Stock Trading Plan for Tuesday Mar 21, 2017 in Compound Trading Chat room; $HTBX, $PTIE, $NAK, $NG_F, $UGAZ, $KALY, $USRM, $BLKG  – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – 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 at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Today’s Live Trading Room Link: https://www.youtube.com/watch?v=D7-c7e0aauE

Per previous;

The Quarterly Swing Trading Performance Review P/L with Charting is Published. The Algorithms and Daytrading Quarterly Performance Reports are being compiled as I write and will be posted soon.

Most recent Keep it Simple Swing Charting Post (MACD, MA, Stoch RSI focus):

Results of Gold trade vote are in!

Current Holds / Trading Plan:

Even though my holds are small in size I would like to start focusing on trading out of some of these, if not all.

All small to mid size holds in this order according to sizing – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.

Per recent;

$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

Market Outlook / Trading Plan:

No specific plan today, watching morning momentum stocks, some $OTC because they perked up yesterday $BLKG, $USRM, $KALY and primarily my swing trades because these have been hot for more all year.

Swing trades on watch for me today (some are same as from our swing trading platform side) are $BABA, $VRX, $NFLX, $WYNN, $XME, $URRE, $TAN, $TWLO, $GSIT, $ABX and considering adding $LIT to the list. Also watching $NG_F $UGAZ and how it handles 50 DMA as it is poking above its cup and handle currently. A $TLT short is on my watch today also. And $NAK with its volume premarket and recent price action is interesting.

Morning Momentum Stocks / News and Social Bits From Around the Internet:

Morning momo stocks / watchlist:   $PTIE $VSR $HTBX $BLRB $FCEL

Gaps on the plays: 

News on these plays: $HTBX, $PTIE

$HTBX Heat Biologics Reports Positive Interim Phase 2 Lung Cancer Results in Patients Treated with HS-1… http://finance.yahoo.com/news/heat-biologics-reports-positive-interim-110000736.html?soc_src=social-sh&soc_trk=tw

$PTIE Pain Therapeutics’ Remoxy ER Secures FDA Regulatory Guidance (PTIE, EGLT) http://www.investopedia.com/news/pain-therapeutics-remoxy-er-secures-fda-regulatory-guidance-ptie-eglt/?partner=YahooSA …

S&P +0.19%.

10-yr -0.19%.

Euro +0.64% vs. dollar.

Crude +0.8% to $49.30.

Gold -0.06% to $1,233.25.

8:55am
Redbook

12pm
Esther George Speaks

6pm
Loretta Mester Speaks

9:45pm
Eric Rosengren Speaks

BTIG upgrades Facebook to Buy, sees 25% upside $FB

APPLE PT RAISED TO $160 FROM $140 AT BERNSTEIN

PHILIP MORRIS INTERNATIONAL INC SHARES DOWN 6.6 PCT AT $106.52 IN PREMARKET TRADE

Lennar beats profit and sales expectations as home deliveries increase

Zacks Investment Research Upgrades First Business Financial Services Inc $FBIZ to “Hold”

Zacks Investment Research Upgrades Capstar Financial Holdings Inc $CSTR to “Buy”

Zacks Investment Research Upgrades Amphastar Pharmaceuticals Inc $AMPH to Hold

#HSBC #Holdings plc Upgrades Clariant Ag (CLZNY) to Hold. Read more: http://owler.us/acqpyf $HSBC

Zacks Investment Research Upgrades Glu Mobile Inc. $GLUU to “Hold”

Zacks Investment Research Upgrades AB SKF $SKFRY to Hold http://ift.tt/2n94Xtg #acn

Credit Suisse bullish on life sciences, upgrades sector to Overweight http://seekingalpha.com/news/3252408-credit-suisse-bullish-life-sciences-upgrades-sector-overweight?source=twitter_sa_factset … #premarket $IBB $BIB $PJP $PPH

Sherwin-Williams needs more time to close Valspar deal http://seekingalpha.com/news/3252425-sherwin-williams-needs-time-close-valspar-deal?source=twitter_sa_factset … #premarket $SHW $VAL

General Mills’ stock extends slide, falls 2.1% premarket after Q3 results

Goldman Growth Wage Tracker

Economic Recovery High

2010s: 2.9%
2000s: 4.1%
1990s: 5.1%

https://www.thebeartrapsreport.com/blog/2017/03/16/fed-still-filling-up-the-punchbowl/ …

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:  $PTIE $ETRM $HTBX $AUPH $CMCM $FCX $BCS $WMGI $SAN $PI $UWT $GNMX $DB $LPL $ING $BBVA $XIV $UCO $AMD

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

(2) Pre-market Decliners Watch-List:   I will update before market open or refer to chat room notices.

(3) Other Watch-List: $BABA, $VRX, $NFLX, $WYNN, $XME, $URRE, $TAN, $TWLO, $GSIT, $ABX, $LIT, $USRM, $BLKG, $KALY

(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:   as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: 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: $HTBX, $PTIE, $NAK, $NG_F, $UGAZ, $KALY, $USRM, $BLKG – $MGTI, $NE, $XOM, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, – $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