Gold, Premarket, Trading Plan, Stocks

PreMarket Trading Plan Wed Feb 1 $OKS, $VCEL, $SDRL, $DRYS – $NUGT $DUST $JNUG $JDST $USLV $DSLV

Share this:My Stock Trading Plan for Wednesday Feb 1, 2017 in Trading Chat room.$OKS, $VCEL, $SDRL, $DRYS, $DCIX,

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My Stock Trading Plan for Wednesday Feb 1, 2017 in Trading Chat room.$OKS, $VCEL, $SDRL, $DRYS, $DCIX, $ESEA, $SINO, $GLBS,   – $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – 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!

Notices:

Algorithmic Modeling Charts – Our US Dollar Index algo math finally completed last night – very excited it back tests nearly as accurate as EPIC. More on that this weekend. $SPY and $VIX we’re still working on and expect majority of the model if not all completed this weekend.

Morning Emails: Multiple emails and / or complimentary issues end this Friday. As of Monday this will change, as will passwords for each algorithm daily.

Discounts: We ended our inaugural discount offer to the public last night but a few members have asked for an extension because they are traveling etc…. so we can do that just for existing members until this weekend also… but please after that lets just leave that be because we don’t want to run a sales promo room environment.

SMS / Email Alerts: The SMS and emails alerts – sometimes we can’t alert, so this scenario occurred in Tuesday trade, I was in and out of $DRYS and it was high risk very volatile and I likely did ten or more trades – impossible to alert. Anyway, in most market environments that doesn’t occur, but I thought I would just clarify.

Current Holds:

$GOOGL – sold (sorry I didn’t alert on SMS / Email – I didn’t dump it for trading reasons so I didn’t want to influence anyone else – we also have family businesses that cancelled all advertising contracts with Google yesterday:)), $LGCY, $ROKA, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

With Fed, Facebook, Amazon and more it’s anyone’s guess – but I’m bias to bull side.

$SPY could pop easily IMO, $VIX is likely going to be trampled, Gold is at resistance, Silver at resistance but looks better than Gold, Miner’s have held up but Fed and USD/JPY could kick them to curb easily so I would be cautious, $DXY we have locked in so more detail this weekend, Oil is nearing a break-out or break-down that will be epic.

$JJC I continue to like… I started this sentiment in morning newsletters going back a few months now looking in to 2017.

$DRYS in post market and premarket has been surprising.

Bottom line is I would like to get some sizing going, looking seriously at $DUST for a long entry (I’m entering now as writing with fills in 30.50 range with 1000 shares), going to watching momentum stocks, copper, natural gas and earnings plays.

Gold, Premarket, Trading Plan, Stocks

Gold premarket. Gold Algorithmic Model Charting Worksheet Feb 1 831 AM $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST #machines

Morning Momo / News Bits:

Momo Watch: $OKS, $VCEL, $SDRL, $DRYS, $DCIX

BREAKING: Private payrolls grew 246K in January vs. 165K estimate – ADP

Mortgage Apps
7am

NFP
8:15am

Job Creation Index
8:30am

Mfg Index
10am

Construction
10am

Oil
10:30am

FOMC
2pm

http://Overstock.com +13% after Q4 results shine http://seekingalpha.com/news/3239469-overstock-com-plus-13-percent-q4-results-shine?source=twitter_sa_factset … #premarket $OSTK

Synergy prices equity offering; shares down 13% premarket

$VCEL Vericel announced the first implant of MACI in the United States

$SRAX Chardan Capital initiates coverage on Social Reality (NASDAQ:SRAX) with a Buy rating and a $9.00 price target.

Yields move higher after blowout ADP jobs number http://seekingalpha.com/news/3239466-yields-move-higher-blowout-adp-jobs-number?source=twitter_sa_factset … #premarket $TLT $TBT

Allergan completes LifeCell acquisition http://seekingalpha.com/news/3239465-allergan-completes-lifecell-acquisition?source=twitter_sa_factset … #premarket $AGN

Tinder owner Match shares down 6% premarket

Macau revenue disappoints for January http://seekingalpha.com/news/3239443-macau-revenue-disappoints-january?source=twitter_sa_factset … #premarket $WYNMF $WYNMY $WYNN $SCHYY

Mobileye -3% on Morgan Stanley downgrade http://seekingalpha.com/news/3239439-mobileye-minus-3-percent-morgan-stanley-downgrade?source=twitter_sa_factset … #premarket $MBLY

Copper tops $6K/ton as Escondida mine strike looms http://seekingalpha.com/news/3239438-copper-tops-6k-ton-escondida-mine-strike-looms?source=twitter_sa_factset … #premarket $BHP $FCX $JJC $CPER

Apple’s stock jumps 3.7% premarket after Q1 results late Tuesday

Baxter Q4 sales up 2%; net earnings up 19% http://seekingalpha.com/news/3239435-baxter-q4-sales-2-percent-net-earnings-19-percent?source=feed_f … #premarket $BAX

Altria stock down 4% premarket

Madison Square Garden takes controlling stake in new TAO Group http://seekingalpha.com/news/3239446-madison-square-garden-takes-controlling-stake-new-tao-group?source=twitter_sa_factset … #premarket $MSG

Oneok Partners’ stock soars 27% premarket after Oneok buyout deal http://www.marketwatch.com/tools/quotes/quotes.asp?symb=OKS&siteid=rss&utm_source=dlvr.it&utm_medium=twitter …

Pitney Bowes down on earnings miss http://seekingalpha.com/news/3239461-pitney-bowes-earnings-miss?source=feed_f … #premarket $PBI

Johnson Controls stock down 4.5% premarket

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: Gainers: $OKS, $VCEL, $SDRL, $DRYS, $IBN, $NGD $UGAZ $TWLO $DCIX

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

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

(3) Other Watch-List: $DRYS sympathy $DCIX, $ESEA, $SINO, $GLBS 

(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:$CNHI $CMRE $COH $TWLO $DHR $LEG $BYD $MRVL $FOXA $CDW $RIC $APC $CR $AMGN $STZ $MRO  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$NS $KMX $MBLY $FOSL $DECK $VFC $RL $PVH $KORS $UAA $AMC $GLW $TWX $UPS $CRM $GGG $TSU $NCMI $RRTS $PKG $IMAX  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: $OKS, $VCEL, $SDRL, $DRYS, $DCIX, $ESEA, $SINO, $GLBS, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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