Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Dec 12 – $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, and more.
Intro:
Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.
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Primary Lessons That May Help Your Trades:
I should have got on the $AKAO train earlier in the day – it was on my watchlist as the number one watch but I got too distracted with a ntra-day slump in the S&P. Getting on the train earlier likely would have netted me at least ten times because I would have scaled in 1000 shares on the first, 3000 then 5000 and scaled out of 9000 shares on the way up. So it was an ideal news play that I just didn’t focus on – part of the challenge in setting up our room service too – we had a technical site host issue RIGHT WHEN THE MARKET WAS ABOUT TO OPEN ugh.
Looking Forward:
Well, we have Fed talk Wednesday so yes the market may oompff a bit – but I expect it to run again until near Christmas or even closer to Preident Elect Donald Trump’s power transition. Still watching $VIX close – there was a small play there today I called to the second but didn’t execute. And Gold and Silver I’m still waiting on a long confirmation from our algos – they called this price target from months ago that we are in now so I’ll trust their math on my long entries. The $USD/JPY chart (and our $DXY algo) still says not broken – at resistance, but not broken so I’m waiting on $GC_F $GLD Gold. And crude oil, our algo was firing off an intra short early in market open but I didn’t take that and waited for long position at support which didn’t hit until market end so I’m watching over night – may get a buy trigger there Tuesday. I will be watching fervently $AKAO and sympathy plays tomorrow ($APRI, $OPGN) and any other momentum stocks.
Announcements in Trading Room:
08:52 am Curtis M : (1) Pre-Market Gainers Watch-List: $AKAO, $WTI, $VNR, $SGY, $REXX $MTL $CIE $ORIG $SDRL $ATW $DNR $PACD $AVXL $UWT $DGAZ $EPE $MEMP 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: $HMY (chart), $AKAO Announces Positive Results in Phase 3 cUTI and CRE Clinical Trials of Plazomicin, $DVAX upgrade to “buy” by Cowen and $45 PT, $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).
(4) Regular Algo / Charting Watch-List: Gold $GLD $GC_F, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SL_V ($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: $ABB $AEG $MGIC $AIG $BCR $CXW $WEB $HBI $PES $LULU $BRO $TRV $AMD $AUY $TAHO $TCP $COO $COP $UBS $T $EGHT $RNG $NVR $REGN $HBI $HOLX $DGX $FSV $GRA $FMC $TSO I will update before market open of refer to chat room notices.
(6) Downgrades: $CF $ALGT $PHG $GFI $CDNS $CMC $OPHT $IRET $MCC $KRG $EOG $MOS $DEPO $TTC $PEI $FOXA $GFI $EZPW $FLS $SYNA $WBMD $UBSH $FINL $CVS $CMC $WOR $SGEN $CERC $FUL $TMO $HUN $CC I will update before market open or refer to chat room n
09:18 am Curtis M : Website is down. Host is reparing their issue. Premarket newsletter emailed to everyone.
Stock Chat-room Trading Transcript:
Miscellaneous chatter is removed.
09:04 am Curtis M : Movers: $AKAO, $ORIG, $AKRX, $AREX, $CSOD, $MCEP, $IMMU, $CRZO, $REGN, $USLV
09:11 am Gurpreet Singh : Good morning all
09:11 am Curtis M : S&P -0.04%.10-yr -0.07%.Euro +0.51% vs. dollar.Crude +3.69% to $53.41.Gold -0.06% to $1,161.40.
09:21 am Curtis M : Sartaj emailing morning newsletter right now.
09:24 am Curtis M : Gappers- $AKAO $BCEI $SGY $WTI $ORIG $VNR $PACD $MTL $SDRL $LEI $TDW $NADL $CIE $NOG $AREX $CRC $AKRX $EPE $SDLP
09:24 am Curtis M : Watching oil for pull back as close to yellow line as possible
09:30 am Curtis M : watching gappers at open
09:33 am Curtis M : Wating for pull back in oil before I take a long in small cap oil
09:34 am Mathew Waterfall : Closing out $XOM calls. here. Waiting for $SDRL calls to juice and will clsoe a portion of those as well
09:35 am Mathew Waterfall : Out some of the Dec16 4.5c’s at .35 from .1
09:38 am Mathew Waterfall : Out $SN Jan17 10c’s at .85 from .3. clearing the board a bit here
09:40 am Curtis M : Nice
09:41 am Curtis M : Leaderboard $AKAO 56% BCEI 34% $VNR 27% $ORIG 24% $NADL 23%$ PACD 19%
09:48 am Mathew Waterfall : Ask side to unload more SDRL Dec23 4.5’s at .45 from .15. I won’t chase for a fill on these
09:52 am Curtis M : $USDJPY important area IMO – looking at a snipe in miner’s if it stays under 100 MA on 15 possibly
09:58 am Curtis M : This looks like the intra battle for $USDJPY
09:58 am Curtis M : Also watching $VIX close because it should get a pop soon – within a few days
09:59 am Curtis M : This $SPY buying is gong to rest for a while soon IMO – the books are almost filled with quotas
10:00 am Curtis M : Wed mornng at latest IMO it rests
10:02 am Mathew Waterfall : Crazy open here, giving most of my positions a chance to ven out a bit. Still holding the casinos and will do so through tomorrow unless we get a big pop there for some reason
10:02 am Mathew Waterfall : *even out. Sorry on backup keyboard this AM
10:03 am Curtis M : $AKAO may be a decent short here IMO
10:06 am Curtis M : A short in $AKAO at 9.10 perfect seup
10:06 am Curtis M : Lol theres some test
10:11 am Mathew Waterfall : In some TZA dec23c’s at .34 as a hedge and play for a pullback. Small position to trade agaist witl good r/r if things juice
10:16 am GSCT . : TVIX nice move
10:20 am Curtis M : Watching $NADL for a pop
10:24 am Curtis M : Gold bugs are buying quick on $USDJPY weakness
10:26 am Mathew Waterfall : Twtr weekly puts look actractive here as wel. Watching those
10:27 am Mathew Waterfall : In some 18p’s at .06 for a lotto. Hero or zero play
10:51 am Curtis M : Retail should get a good pop here soon IMO – may take a few days… like Thur ish but between now and then per watchlist
10:51 am GSCT . : $AKAO new HOD
10:57 am Curtis M : $AKAO Could go a long ways
11:03 am GSCT . : No audio commentary today?
11:11 am Curtis M : Looking at possible Long in $DUST if $USD/JPY gets on the move and $NADL
11:18 am manish kant : greetings all
11:24 am Curtis M : Scaling in 1000 shares $DUST
11:26 am Curtis M : Welcome Manish
11:26 am manish kant : Thanks Curtis
11:27 am Curtis M : Looks like my fills will avg 53.45 on $DUST
11:30 am Curtis M : $GLF up 37% now
11:31 am Sammy T : $ORIG 20% also
11:33 am Curtis M : Leader board $AKAO $GLF $EVEP $ORIG $MTL
11:33 am manish kant : orig
11:40 am Dani M : Oil starting to look better
11:42 am Curtis M : Still defending $NADL 200 MA
11:49 am Curtis M : Long $UCO 1000 11.763 avg scale to 5000 with ex[ectation there may be one more leg down
11:50 am Mathew Waterfall : $DUST not looking so hot for the heads up
11:53 am Curtis M : Ya $DUST will be a swing past Fed
11:53 am Curtis M : My swings I look at 1000 3000 5000 share entries for example – scale on swings at supports / resistance
11:54 am Curtis M : Kiinda like $UCO right now I expect a leg down
11:54 am Curtis M : $DUST $SPY $OIL not done yet… they all gotta meet Santa lol
11:55 am Mathew Waterfall : Let’s hope so. I have some $DUST calls that need a bit of help here
11:58 am Curtis M : Oh ya $DUST has at least one more round – may be a few days tho
11:59 am Curtis M : I’m prepared for 3 – 4 weeks on that position $DUST
12:05 pm Shawn B : I like $SPY long here too soon – waiting and watching
12:09 pm Larry B : Bulls come soon – rally is on until Obama gone bye bye
12:10 pm Larry B : $VIX good call Curt
12:11 pm Curtis M : Back in 30 looks calm
12:14 pm Michael P : oil calls fresh too ha ha
12:14 pm Michael P : Mathew you in long Wallmart? Did Curt??
12:15 pm Curtis M : No I didn’t I’m in oil long and dust Michael – $Dust I might have some pain
12:15 pm Curtis M : ok bye back soon
12:16 pm Mathew Waterfall : Nope, no $WMT for me
12:19 pm Mathew Waterfall : That $WMT chart looks like it’s rangebound between fibs and could see some checkback to a quick trendline that I drew in from the yealry lows. If it can clear and firm above 71.65 then high of year would be in play
12:21 pm Mathew Waterfall : Quick 30 second chart of $WMT http://tos.mx/ziGL6s
There was a technical data glitch at this point in the log (data centre truncated log) so here forward for rest of day it is only Curtis’ comments (which is unfortunate because the afternoon session was very active):
12:32 Crude going according to plan
12:41 I like the $WMT play but yes not much upside – slow move to profit
12:46 Fed Wed 2:00 PM FYI
12:54 Looks like a market pauce is possible until after Fed Speak
12:54 $USD/JPY
1:10 Selling my $UCO here for small gain – going to see what this afternoon brings – out 11.83
1:10 Hold $DUST though until at least next Tuesday 8 days min (unless I can get out earlier)
1:12 Thinking with oil we may test that lower support (yellow arrow) market is ooomfedish
1:15 I am in $STUDY until scanners hit
1:22 I may hit $AKAO on every wash-out here – this is carzy price action
1:27 $AKAO 1000 starter at 10.47 per share – tight
1:32 Out $AKAO 10.94 per share
1:34 Watching $AKAO 10.75 pull-back area
1:35 Likely 10.50 pull-back more likely
1:38 Long 1000 shares $AKAO 10.76
1:39 Out 11.025 per share $AKIO
1:43 Long $AKAO 11.46 1000 shares
1:46 Out $AKAO 11.62 1000 shares
2:11 $OPGN and $APRI could get action off $AKAO
2:13 All three are likely good candidates for morning momentum stocks tomorrow also.
2:30 Long $AKAO 12.76 1000 shares
2:52 Out 12.92 sold 1000 shares $AKAO
3:23 Out $DUST shares chipped out in three pieces aberage 53.70
3:31 $AKAO chart still not broke – holding resistance area still.
3:34 Here we go again.
3:49 $APRI should run momo tomorrow morning.
Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $ES_F, $SLV, $SILVER, $GOLD, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NATGAS, $NG_F, $USD/JPY, $SPY, $VIX