Compound Trading Chat Room Stock Trading Plan and Watch List Thursday Feb 22, 2018 $BLMN, $CHK, $NCLH, $W, $F, $ROKU – $GSUM, $WKHS, $ROKU, $JP, $SLCA, $INSY – $SPXL, $SPY, $BTC.X, Bitcoin, Gold, $DUST, $WTI, OIL, $VIX , Gold Miners $GDX, Silver $SLV, $USOIL, US Dollar Index $USD/JPY, $DXY, S&P 500, Volatility … more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notices:
Notes in red text below are new comments entered specifically today (or recently important).
Curtis is on annual holiday from Feb 13 – 23.
Reporting and trading rooms run per normal. Mid day reviews will recommence when he returns. Curtis will be intermittently in trading rooms only during that time.
Service(s) Memo Follow-Up re: Compliance and Service Offerings Going Forward
Today’s Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Live Alerts for Oil, Gold, Swing Trading, Day Trading, Bitcoin are now available by following specific alert Twitter feeds.
Disclaimer / disclosure: Every subscriber must read this disclaimer.
Reporting and Next Gen Algorithms:.
BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email or DM Sartaj!
Master Class Charting Series Webinars:
All members received a copy in their email inbox as we progress. Full series will be posted to website at a cost of 2999.99. Early adopter members receive it free.
Attendees to next Master Classes being held in Dominican, Columbia, Brasil, and Panama attendees will receive 50% credit to off-set travel costs. Limited space FYI. We are currently planning 2018 master class sessions and will advise.
Connect with me on Discord.
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/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Mid Day Chart / Trade Set-Ups:
See You Tube for other recent video posts.
Swing trading setups Jan 18 $FB, $SPY, $CNTF, $CTIC, $RIOT, $AES ….
Swing trade stock setups Jan 19 $SPY, $GSUM, $DXY, $MIND, $XPO, $ICPT…
Swing trade / daytrade set-ups for wk of Jan 22 $SPY, $FB, $ROKU, $DXY, $JUNO, $BTC.X, $FATE …
CRITICAL time cycle decisions SP500 $SPY, Gold $GLD, Oil $WTI, USD $DXY, Bitcoin $BTC.X and more…
Swing trading ideas & how I am managing $SPY $SPXL trade, structural trading $XNET, $SQ, $GDX …
Technical charting lessons here at market open $HMNY, $XNET, $SPY, $SEII, $INSY, $SLCA
Jan 9 Swing trading set-ups $XNET mid trade technical review, $GSUM, $SLCA, $SPY, $TESS….
Live $XNET trade $4267.00 gain. Swing trade entry and chart set-up at 40:00 – 54:00 min on video.
Jan 8 Swing Trading Set-Ups $AYI, $SPY, $SQ, $VRX, $AXON, $BTC.X….
Market Open Jan 8 Live Chart Model “On the Fly” $VRX, $SPY, $BTC, $LITD, $MYSZ, $INSY
Jan 3 Swing Trading Set Ups $SPY, $SPXL, $LTCUSD, $GLD, $APRI, $MNKD, $INSY, $TEUM, $NTEC, $LEDS …
Jan 2 Swing Trading Set-Ups $BTC.X, $SPY, $GDX, $XOMA, $JP, $INSY, $MNKD, $NTEC, $SKT, $RENN …
Recent Educational Videos:
Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … … #freedomtraders
Visit the Trading Educational and Analysis Play List at this Link on our YouTube Channel
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
$CHK Chesapeake Energy shares jump 7% premarket after earnings top estimates
Needham bullish on $ROKU with $50 PT.
Stocks making the biggest moves premarket: BLMN, CHK, NCLH, W, F, ROKU & more http://cnb.cx/2EVIGJ0
Stocks making the biggest moves premarket: BLMN, CHK, NCLH, W, F, ROKU & more https://t.co/xXoqvTCRPX pic.twitter.com/zgNvg7z7aW
— The Exchange (@CNBCTheExchange) February 22, 2018
Market Observation:
US Dollar $DXY trading 90.11, Oil FX $USOIL ($WTI) trading 61.49, Gold $GLD trading 1322.36, Silver $SLV trading 16.44, $SPY trading 270.05 last, Bitcoin $BTC.X $BTCUSD $XBTUSD trading 10260.00, and $VIX trading 19.8.
Recent Momentum Stocks to Watch:
News:
$NXTD NXT-ID Subsidiary Fit Pay Now Taking Pre-Orders for Flip™ – a Contactless Payment Device for Cryptocurrencies
$OPNT Aegis Awarded Patent for Fast Acting Nasal Spray Opioid Blockers and Pain Medications
$RDHL top-line results from the Phase 3 study with RHB-104 for Crohn’s disease expected mid-2018
$LXRX U.S and EU Regulatory Filings for Sotagliflozin in Patients With Type 1 Diabetes in Q1
$LXRX XERMELO U.S. Net Sales Since March 2017 Launch $15M
$SGMO Kite to Receive Exclusive License to Leverage Sangamo’s Gene Editing Technology in Allogeneic and Autologous Cell Therapy Programs in Oncology –$150m upfront 3.01 billion with a B potential milestones
Recent SEC Filings:
Recent IPO’s:
Some Earnings On Deck:
#earnings for the week
$WMT $HD $ROKU $DPZ $CHK $OLED $AAOI $MGM $MDT $UCTT $FSLR $TTD $DUK $EXAS $SIX $P $STMP $TREE $CBRL $AAP $RIG $CTB $WLL $NBL $LNG $HLX $WLK $TPH $WAB $W $OC $APA $DVN $GRMN $HFC $GPC $SO $EGN $HSIC $LC $ECL $MOS $SLCA $DLPH $CAR
#earnings for the week$WMT $HD $ROKU $DPZ $CHK $OLED $AAOI $MGM $MDT $UCTT $FSLR $TTD $DUK $EXAS $SIX $P $STMP $TREE $CBRL $AAP $RIG $CTB $WLL $NBL $LNG $HLX $WLK $TPH $WAB $W $OC $APA $DVN $GRMN $HFC $GPC $SO $EGN $HSIC $LC $ECL $MOS $SLCA $DLPH $CARhttps://t.co/r57QUKKDXL https://t.co/5WENUDJCMO
— Curtis Melonopoly (@curtmelonopoly) February 20, 2018
Recent / Current Holds, Open and Closed Trades
This will re-commence under a new format when Curtis returns from holiday. “With new alert protocol buy / sell signals will be posted here as trade signals trigger along with specific thesis and chart set-ups”.
Per recent;
Yesterday the first oil trade went very well and with EIA I missed a large short opportunity, newer position $XNET 1/10 size long from Monday. Holding $XIV 1.5/10 sizing (event closing this derivative), $SPXL 1/10 size, small sizing holds include $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00 1/40 size, $DUST 1/20 size recently close 50% for win, $ROKU, $GSUM (recently closed 1/3 at highs hold 2/3), $JP, $SLCA, $INSY (all small size) and very small sizing $AAOI, $SPPI and micro size $OMVS. On short side I am 1/10 Gold short.
Charts and Chart Set-ups on Watch:
$CHK Premarket trading 2.83 up 7.6% on earnings. #premarket #trading
$CHK Premarket trading 2.83 up 7.6% on earnings. #premarket #trading
US Dollar Index $DXY MACD turned up and continues to trend. $UUP #USD
US Dollar Index $DXY MACD turned up and continues to trend. $UUP #USD
Silver MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
Silver MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
$FSLR First Solar stock chart had MACD turned and under 50 MA in to earnings. #stock #chart
$FSLR First Solar stock chart had MACD turned and under 50 MA in to earnings. #stock #chart
Bitcoin hit buy sell trigger support 5895 early (green arrow) then mid trigger early (gray) and 13790 in sight Feb 22. $BTC $XBTUSD
Bitcoin hit buy sell trigger support 5895 early (green arrow) then mid trigger early (gray) and 13790 in sight Feb 22. $BTC $XBTUSD
Per previous;
$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS
Really decent action for those the held or added / bought the dip. Excellent trading opportunity in $SPY on the last wash-out.
$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS
Oil Resistance Check Feb 19. 50% Fibonacci, mid quad on monthly chart.. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Oil Resistance Check Feb 19. 50% Fibonacci, mid quad on monthly chart.. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
$SODA pop #premarket trading 82.15 +4.5% on earnings. Daily chart looks good too. A main watch for me today. #trading https://www.marketwatch.com/story/sodastream-shares-jump-after-earnings-and-revenue-beat-2018-02-14?siteid=yhoof2&yptr=yahoo …
$SODA pop premarket trading 82.15 +4.5 on earnings. Daily chart looks good too.
$NVDA Premarket up 9.96% trading 239.20 on cryptocurrency gaming demand and forward guidance.
$NVDA Premarket up 9.96% trading 239.20 on cryptocurrency gaming demand and forward guidance.
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility
$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG
$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG
$ARRY Weekly chart suggests long term structure needs price over 14.89 on weekly now thru after June 3 time cycle. If so, it is up. #swingtrading https://www.tradingview.com/chart/ARRY/EZbQb5F4-ARRY-Weekly-chart-suggests-long-term-structure-needs-price-over/ …
$ARRY Weekly chart suggests long term structure needs price over 14.89 on weekly now thru after June 3 time cycle. If so, it is up. #swingtrading https://t.co/CA9E9zdGU0 pic.twitter.com/fkUJzMFe9Q
— Curtis Melonopoly (@curtmelonopoly) February 1, 2018
$AAOI The stock is trading 64% below last summer’s 52-week highs with earnings in 21 days I will be looking for a bounce. #earnings #trading
$AAOI The stock is trading 64% below last summer’s 52-week highs with earnings in 21 days I will be looking for a bounce. #earnings #trading
Buy sell trading triggers on simple $SNAP chart model have worked well. #swingtrading #charting https://www.tradingview.com/chart/SNAP/qJ0gRCyt-Buy-sell-trading-triggers-on-simple-SNAP-chart-model-have-worke/ …
Buy sell trading triggers on simple $SNAP chart model have worked well. #swingtrading #charting https://www.tradingview.com/chart/SNAP/qJ0gRCyt-Buy-sell-trading-triggers-on-simple-SNAP-chart-model-have-worke/ …
Market Outlook, Market News and Social Bits From Around the Internet:
Economic Data Scheduled For Thursday
Economic Data Scheduled For Thursday pic.twitter.com/89MFWSNMD2
— Benzinga (@Benzinga) February 22, 2018
Futures largely flat as Fed points to more rate hikes –
Futures largely flat as Fed points to more rate hikes – https://t.co/8V8Cfxt90f
— Investing.com Stocks (@InvestingStockz) February 22, 2018
#5Things
-Fed officials weigh in
-ECB minutes
-Treasuries
-Big midterm donors
-Banks and H-1Bs
https://bloom.bg/2EYiyNu
#5Things
-Fed officials weigh in
-ECB minutes
-Treasuries
-Big midterm donors
-Banks and H-1Bshttps://t.co/BhaHY35Afu pic.twitter.com/sIKZjJ890m— Bloomberg Markets (@markets) February 22, 2018
Global markets fret over the next leg of the Treasury selloff https://bloom.bg/2EVGJMD
Global markets fret over the next leg of the Treasury selloff https://t.co/Ou90Cww4w0 pic.twitter.com/xVVlPFc5pn
— Bloomberg Markets (@markets) February 22, 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 their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).
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: $CAR, $CCLP $ARQL $HMNY $IDXG $ETE $DNR $SGMO $NXTD $CHK $HTZ $FTI $DRYS $AIMT $BCS $CLVS $TS $P
(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 $WTI ($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), $BTCUSD Bitcoin.
(5) Recent Upgrades: $CLVS, $ADRO, $QLYS, $HMNY, $PSTG $MSA $HST $HOC $MNTA $EVTC $KLAC $SASR $AAT $BRX $HCC $WWW $VRSK $TSRO
$HMNY Canaccord Genuity initiates with Buy rating, $15 price target.
Mellanox Technologies $MLNX PT Raised to $94 at Stifel; Strong Start to Year
Laidlaw Starts Interpace Diagnostics Group Inc $IDXG at Buy, ‘Endocrine Diagnostic Tests Lead New …
Helix Energy Solutions Group, Inc. $HLX PT Lowered to $9 at Cowen
Henry Schein $HSIC PT Lowered to $84 at Goldman Sachs
CoStar Group $CSGP PT Raised to $350 at JPMorgan
bluebird bio $BLUE PT Raised to $230 at JPMorgan
Cheesecake Factory $CAKE PT Raised to $48 at Stephens
(6) Recent Downgrades: $ALKS $JELD $WRI $RMP $SLCA $JELD $MIC $CAKE $AAOI $MIC
AXT, Inc. $AXTI PT Lowered to $11.50 at Dougherty & Co
Hannon Armstrong $HASI PT Lowered to $26 at Baird
Wal-Mart $WMT PT Lowered to $108 at Stephens
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 and lead tech developer @hundalSHS.
Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, $BLMN, $CHK, $NCLH, $W, $F, $ROKU, $GSUM, $WKHS, $ROKU, $JP, $SLCA, $INSY, $SPXL, $SPY, $BTC.X, Bitcoin, Gold, $DUST, $WTI, OIL, $VIX