Compound Trading Trading Plan and Watch List Wednesday May 2, 2018.
#EIA, Oil, Fed, $AAPL, $SNAP, $JD, $TESLA, $AGN, $AMBA, $BTC, Bitcoin, Gold, Silver, $SPY, $DXY more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notices:
What’s New at Compound Trading April / May 2018. https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
Trade Coaching Boot Camp coming up. https://compoundtrading.com/trade-coaching/
Preparation for Trade Coaching Boot Camp (for in person & online attendees) #FreedomTraders https://compoundtrading.com/preparation-for-trade-coaching-boot-camp-for-in-person-online-attendees-freedomtraders/
EPIC (Oil) Members Note: Weekly #EIA Oil Trade webinar 10:30 AM ET Wed in main trading room (contrary to my previous posts).
Price Increase: Platform wide price increase May 15, 2018. Does not affect existing members that have not let subscription expire.
Machine Trading: May 15, 2018 the new three person teams starts. Mandate: Intelligent Assisted #IA Trading Platform / Code Algorithm Models, Run 24 Hour Crypto Trading Desk, Alert Trade Set-ups to Member Alert Feeds and near future Machine Learning.
Notes in red text below are new comments entered specifically today (or recently important).
Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Real-time 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 us!
Connect with us on Discord.
https://twitter.com/CompoundTrading/status/880670140454637569
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/ …
https://twitter.com/CompoundTrading/status/927397024315662336
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
https://twitter.com/CompoundTrading/status/889148655785177088
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
https://twitter.com/CompoundTrading/status/889147527278333952
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts.
Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.
Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)
Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading
Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts
Trade Set-ups $SPY, $NFLX, OIL, $WTI, $ESPR, $GOOGL, Bitcoin, $BTC, $FEYE, $AAPL and more.
Trading Set-Ups $SPY, Gold, $GC_F, $GDX, Bitcoin, $GOOGL, $EVLV, $HEAR, $CHEK, $MARA, $PRTA, $ZDGE
Trading Set-Ups $NETE, $TSG, $ETH Ethereum, $BTC Bitcoin, $TAN, $HEAR, $AMMJ, $SNAP, $VLRX
Trade Set-Ups OIL, $WTI, $SPY, $GOOGL, $FSLR, $AXP, $GREK, $CELG, $AAOI, $SDRL, $WFT
Recent Educational Articles / Videos:
Want to learn how to trade stocks for 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:
Trading Plan Includes: Watching $SNAP for a wash out snap back, #EIA, Oil for a daytrade at 10:30 I will live trade it, Fed today will likely slow some action, $AAPL play we’re in already, $JD play we’re in and in to earnings, $TESLA managing the trade, $AGN per special report, $AMBA per special report, $BTC always trading Bitcoin, Gold under water a bit will be very keenly watching Fed today for Gold and Silver, $SPY and $DXY per reports of late (should both have good trades).
$SNAP premarket -19% trading 11.40 on news it will take a hit on re-design. #premarket #washout #snapback #tradingsetups https://www.thestreet.com/markets/snap-shares-tumble-after-warning-of-substantial-hit-from-snapchat-re-design-14576130?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
$SNAP premarket -19% trading 11.40 on news it will take a hit on re-design. #premarket #washout #snapback #tradingsetups https://t.co/oFFUsEVzrM pic.twitter.com/t5I8PhesD7
— Melonopoly (@curtmelonopoly) May 2, 2018
Stocks making the biggest moves premarket: CVS, CLX, EL, GRMN, YUM, ADP & more
Stocks making the biggest moves premarket: CVS, CLX, EL, GRMN, YUM, ADP & more https://t.co/IE2YJdQl88
— Melonopoly (@curtmelonopoly) May 2, 2018
Market Observation:
As of 8:18 AM: US Dollar $DXY trading 92.46, Oil FX $USOIL ($WTI) trading 67.36, Gold $GLD trading 1310.31, Silver $SLV trading 16.40, $SPY 264.99, Bitcoin $BTC.X $BTCUSD $XBTUSD 9144.59 and $VIX trading 15.3.
Recent Momentum Stocks to Watch:
News:
$AKAO Achaogen (AKAO) Confirms Stock Halted Ahead of FDA Panel to Review Plazomicin http://www.streetinsider.com/Corporate+News/Achaogen+%28AKAO%29+Confirms+Stock+Halted+Ahead+of+FDA+Panel+to+Review+Plazomicin/14131225.html … via @Street_Insider
$ESPR Announces Positive Top-Line Results from Pivotal Phase 3 Long-Term Safety Study of Bempedoic Acid
$MBOT Microbot Medical Moves to State-of-the-Art Facility to Meet Next Phase of the Company’s Development Efforts
$ARWR Targeting ENaC with an Epithelial RNAi Trigger Delivery Platform for the Treatment of Cystic Fibrosis #ATS2018 http://www.abstractsonline.com/pp8/#!/4499/presentation/16596 …
Recent SEC Filings:
Recent IPO’s:
Earnings:
$LITE reported earnings of $0.82, consensus was $0.71, Earnings Whisper was $0.74 via @eWhispers #whisperbeat http://eps.sh/d/lite
$ESPR reported a loss of $1.73, consensus was ($1.56) via @eWhispers #epsmiss
$CHK reported earnings of $0.34, consensus was $0.25, Earnings Whisper was $0.29 via @eWhispers #whisperbeat http://eps.sh/d/chk
CVS Q1 18 Earnings Results:
EPS: $1.48 (Estimate $1.41)
Revenue: 45.69B (Estimate $45.79B)
#earnings for the week
$AAPL $BABA $TSLA $SQ $MCD $SNAP $SHOP $AKS $CELG $MA $CHK $AGN $UAA $FRED $GRUB $PFE $STX $CVS $ATVI $ON $OLED $BP $GILD $FDC $EPD $L $MRK $WLL $USCR $ANET $TEVA $SWKS $COHR $LL $FEYE $AET $ARNC $W $GPRO $APRN $CGNX $AKAM $MOH
#earnings for the week$AAPL $BABA $TSLA $SQ $MCD $SNAP $SHOP $AKS $CELG $MA $CHK $AGN $UAA $FRED $GRUB $PFE $STX $CVS $ATVI $ON $OLED $BP $GILD $FDC $EPD $L $MRK $WLL $USCR $ANET $TEVA $SWKS $COHR $LL $FEYE $AET $ARNC $W $GPRO $APRN $CGNX $AKAM $MOHhttps://t.co/r57QUKKDXL https://t.co/PCV0qV1xtR
— Melonopoly (@curtmelonopoly) April 30, 2018
Trade Set-up Alerts & Reports. Recent / Current Holds, Open and Closed Trades:
$SNAP premarket down 19.36% trading 11.40 on news it will take a hit. #premarket #washout #snapback #tradingsetups
Here is the link to my trading model for $SNAP https://www.tradingview.com/chart/SNAP/ZJsNYndS-SNAP/
$VIX weekly chart structure breaks down. Over 200 MA and MACD flat.
SILVER conventional chart compression to end of triangle. Coil.
Here is how the technical set-up appears on the daily chart for $AMBA in advance of the earnings trade. #swingtrading
Gold daily chart simple model still has structure, but it’s close to a fall out.
$SPY ended week under 50 MA (bearish) and MACD flat.
$DXY US Dollar touch to 200 MA and backed off intra.
Here’s your technical chart set-up for trading Tesla $TSLA.
$AGN time cycle expires June 4 and they present soon. And it’s a massive time-cycle completion. Notes on chart. #swingtrading
This Facebook wash-out snap-back trade should be in our trading library for eternity imo. Textbook clean. Getting stretched now. $FB
$SSW trade going really well. Target in play 8.82. #swingtrading
100 Day Moving Average on Monthly Oil Chart logical price target. $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT
Market Outlook, Market News and Social Bits From Around the Internet:
Apple, Tesla, Federal Reserve, Xerox and Snap – 5 Things You Must Know Before the Market Opens Wednesday https://www.thestreet.com/markets/5-things-you-must-know-before-the-market-opens-wednesday-14574400 … via @TheStreet
Apple, Tesla, Federal Reserve, Xerox and Snap – 5 Things You Must Know Before the Market Opens Wednesday https://t.co/Se35LXjYXB via @TheStreet
— Melonopoly (@curtmelonopoly) May 2, 2018
#5things
-It’s Fed day 🤔
-Euro-area growth slows
-Mueller v Trump
-Markets mixed
-Tesla earnings $TSLA
https://bloom.bg/2rfop8B
#5things
-It's Fed day 🤔
-Euro-area growth slows
-Mueller v Trump
-Markets mixed
-Tesla earnings $TSLAhttps://t.co/BmpsHLaG81 pic.twitter.com/VyU13wHNcm https://t.co/4AZMGg9vmS— Melonopoly (@curtmelonopoly) May 2, 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:
(2) Pre-market Decliners Watch-List : $SNAP $GILD $TAP $CMI $UGAZ $MU $STX $UN $GOLD
(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 $WTI ($UWT, $DWT, $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), $BTCUSD Bitcoin.
(5) Recent Upgrades:
$AAPL Price target raised to $208 at Canaccord Genuity
$TWTR PT raised to $32 from $22 at Deutsche Bank
Denny’s Corporation $DENN PT Raised to $19 at Stephens
$FLWS PT Raised to $15 at Craig-Hallum
SendGrid $SEND PT Raised to $27 at Morgan Stanley
Qualys $QLYS PT Raised to $74 at Morgan Stanley
L-3 Communications $LLL PT Raised to $220 at Stifel
Brinker Int’l $EAT PT Raised to $45 at Stifel
Allison Transmission $ALSN PT Raised to $53 at Stifel
H.C. Wainwright Starts ChemoCentryx $CCXI at Buy
Xylem $XYL PT Raised to $73 at Susquehanna
$GLUU Raised to $5.50 at Stifel
$UAA Raised to $16 at Piper
$AAPL Raised to $161 at Barclays
$RIGL Raised to $9 at Cantor
(6) Recent Downgrades:
Clear Channel $CCO PT Lowered to $4 at Wells Fargo
Lumber Liquidators $LL PT Lowered to $23 at Morgan Stanley
Noble Energy $NBL PT Lowered to $61 at KLR Group
Morgan Stanley Downgrades Andeavor Logistics LP $ANDX to Equalweight Following Acquisition
$SNAP Lowered to $16 at Barclays
$SBNY Lowered to $135 at UBS
$YUMC Lowered to $44.30 at BofA
$MTCH Lowered to $46 at BofA
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, #EIA, Oil, Fed, $AAPL, $SNAP, $JD, $TESLA, $AGN, $AMBA, $BTC, Bitcoin, Gold, Silver, $SPY, $DXY, $GDX