$ATW, Premarket, Trading, Plan

PreMarket Trading Plan Tues May 30 $PTGX $ATW $CCN $MACK $ARRY

Curt MelonopolyTrading Plan, , , , , , ,

Compound Trading Chat Room Stock Trading Plan and Watch list for Tuesday May 30, 2017; $PTGX $ATW $CCN $MACK $ARRY – $SSH, $LGCY, $TRCH, $ESEA, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, 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:  http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Swing Trading and Day Trading side are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to [email protected] and ask Sartaj to get you info. Most of that I spoke to myself are opting for email only, but the Twitter alert system is available for those that choose that.

Post Market Reports for last Thursday and Friday will be posted with tonight’s (a tad behind posting trading results).

Most recent lead trader blog posts:

Trading Set-ups. Video Explains Predictable Winning Process. Part 6 b) “Freedom Traders” Series.

https://twitter.com/CompoundTrading/status/846494014635429888

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

https://twitter.com/CompoundTrading/status/841078264537993218

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far:  $PTGX $ATW $CCN $MACK $ARRY

Bias toward / on watch:  $SPY and markets in general look very bullish with mega caps poised also. $SPY has been broadly sideways but held up recently.

Markets: $SPY $ES_F $SPX is hitting all price extensions on algorithm and is relatively bullish but resistance cluster overhead still intact on algorithm, $GLD, $GDX continues in indecision. $SLV Same. $USOIL, $WTI hit resistance and now has decisions to make as to direction . $DXY and $VIX no big news.

OTC on watch: Randoms I’ve noticed over last few weeks… $PGPM, $BRNE, $ELED, $PVCT, $LIGA (I hold),$AMLH, $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD

Gaps to Watch: 

Recent Momentum Stocks to Watch: 

Stocks with News: $NSPR, $SRRA, $PTGX, $FCEL, $ATW

Recent SEC Filings to Watch: 

Short Term Trader’s Edge: 

Some Earnings Today: $AVGO $ADI $PANW $VMW $RH $KORS $MBLY $LULU $CIEN $DG $BNS $AMWD $FRO $HPE $WDAY $LABL $EXPR $BOX $TECD

Holds: Most holds are small to mid size (less than 5% of day trading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA, $PVCT

Various Recent Chart Set-ups on Watch: $JKS, $CALA, $LITE, $JUNO, $PCRX, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $EOG, $COTY, $FSLR, $AAOI, $HIIQ, $JASO Golden Cross, $VIPS – We are working on these and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to Youtube of each trading day.

Midday Chart and Trade Setup Review, May 26, 2017: $NIHD $CBIS $ACHN $JUNO $NAK $USOIL $WTI: http://youtu.be/GeXxJuPT8pM?a

https://twitter.com/CompoundTrading/status/869275423879958530

$ATW premarket up 24% on buy-out news

$ATW, Premarket, Trading, Plan
$ATW premarket up 24% on buy-out news

Market Outlook :

Watch those large and mega caps – when they stall things could change. And don’t forget our $SPY algo warned about recent highs.

Market News and Social Bits From Around the Internet:

8:30am
Personal Income and Outlays

9am
S&P Corelogic Case-Shiller HPI

10am
Consumer Confidence

10:30am
Dallas Fed Mfg Survey

Gilead says four late-stage trials of HIV drug combination met primary endpoints http://on.mktw.net/2rR3Z8e

$FCEL FuelCell Wins $3M Contract from the Advanced Research Projects Agency – bz pro

$ESV buying $ATW

$NURO NeuroMetrix to Present at the LD Micro Invitational Conference on June 6, 2017

$NSPR InspireMD Announces First Two Patients in Hong Kong Successfully Treated with CGuard™ EPS http://www.inspiremd.com/en/press-center/inspiremd-announces-first-two-patients-hong-kong-successfully-treated-cguard-eps/ … Great

$SRRA Sierra Oncology Granted US and EU Patents for Chk1 inhibitor SRA737 http://www.newswire.ca/news-releases/sierra-oncology-granted-us-and-eu-patents-for-chk1-inhibitor-sra737-625272514.html …

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 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 Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

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 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 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 : $PTGX, $ATW, $DGAZ, $CCN $HMNY $CYTR $FTR $ARRY $ADES $LPL $NR $PSDV $JDST $UVXY $TVIX $ZNGA $DUST $FRO $DBVT 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:

(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) Recent Upgrades:  $SPG $ZNGA $SYMC $TSO $TECK $KGC $FRBA $HUBG $NFX $PVH $CAL $EXP $MSI as time allows I will update before market open or refer to chat room notices.

(6) Recent Downgrades: $OLLI $OMAB $PVTB $ASR $VLO $DRWI $GGP $ISRG $WLL $XEC $BWLD $ORLY $MAC 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:  $PTGX $ATW $CCN $MACK $ARRY – $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

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