Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday March 6, 2017; $CNCE, $TGTX, $PIRS, $XIV, $DGAZ, $PIRS, $BSTG, $NFLX, $VIX, $CELG, $LITE, $CALA, $SBUX – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $SSH, $ASM etc …
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.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
The YouTube live trading we now have transcripts (which you will see below) – sorry about the delay, we thought transition would be easier. So the post market trading result reports recently missed may never get done FYI (we’ll see). Also, transcripts are Central Mountain time so you will have to add two hours for Eastern Time (New York).
The remaining algo reports will be out tonight, then swing reports and we’re in middle of editing and uploading a swath of educational videos (may take a few days on that).
Also, the ability for members to access transcripts on demand we are working on – should have that done soon. As well soon you will be able to visit our YouTube channel soon and replay the trading day video on demand.
Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.
And lastly, the live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.
Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:
In play today in chat room; $CNCE, $TGTX, $PIRS, $XIV, $DGAZ, $PIRS, $BSTG, $NFLX, $VIX, $CELG, $LITE, $CALA, $SBUX
Today was a big day! It was a classic schooling scenario of some senior traders putting on a class in our trading room to say the least – almost everything went 100% as planned and execution was professional. A definite learning experience for any traders on a learning curve.
In summary, Mathew is testing a $NFLX short that I wanted to enter but didn’t and he nailed the $PIRS break-out. Market Maven and Flash nailed the turn on Natural Gas like pros. Flash exited $UGAZ at the intra-day top and flipped to $DGAZ and Market Maven was in it too and kaboom almost to the minute Natural Gas turned. They both exited perfectly too. They also nailed the turn on $XIV with precision, and if you look in to why $XIV took flight the way it did today you’ll understand the experience behind that trade – wow. And $TGTX they both nailed the momentum on it and in $CNCE perfect execution.
I was basically flat on $CNCE and some of my swings were up and some slightly down so it was a moderate day for me. I added $CELG, $LITE, $CALA, $SBUX, and bitcoin stocks to my swing watch list.
Most professional trading day I have seen in a long time. Perfectly executed.
Trading $CNCE, $TGTX, $PIRS, $XIV, $DGAZ, $PIRS, $BSTG in room today for gains. $VIX, $CELG, $LITE, $CALA, $SBUX and more on swing watch.
— Melonopoly (@curtmelonopoly) March 6, 2017
Momentum / Note-able Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
TGTX | 10.20 | 90.65% | 33753654 | Top Gainers | |
CNCE | 15.64 | 62.07% | 10630533 | Top Gainers | |
ICLD | 0.02 | 34.34% | 126346679 | Top Gainers | |
DXTR | 1.49 | 30.70% | 6808552 | Top Gainers | |
GBSN | 0.00 | 28.57% | 173318219 | Top Gainers | |
BLPH | 1.77 | 26.43% | 7319152 | Top Gainers | |
CNCE | 15.64 | 62.07% | 10630533 | New High | |
OIBR-C | 8.47 | 13.84% | 198492 | New High | |
VBIV | 6.10 | 13.59% | 960460 | New High | |
MRUS | 32.23 | 9.44% | 114980 | New High | |
CLUB | 4.10 | 4.59% | 171072 | Overbought | |
MASI | 93.57 | 0.32% | 897260 | Overbought | |
FLQG | 26.99 | -0.20% | 166111 | Unusual Volume | |
CNCE | 15.64 | 62.07% | 10630533 | Unusual Volume | |
TGTX | 10.20 | 90.65% | 33753654 | Unusual Volume | |
DEMG | 26.67 | -0.73% | 256402 | Unusual Volume | |
AA | 36.93 | 1.51% | 5764024 | Upgrades | |
AFI | 19.44 | -11.44% | 369442 | Earnings Before | |
HBCP | 35.62 | -0.86% | 2821 | Insider Buying |
Stocks, ETN’s, ETF’s I am Holding:
I am holding (in order of sizing – all moderately small to micro sizing) – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio):
Trading and The Markets Looking Forward:
#earnings $THO $MOMO $ULTA $FNSR $MEET $MVIS $DKS $CLNE $CIEN $CARA $URBN $MIK $DXYN $LGIH $SCMP $BIOC $BTE $CASY https://t.co/rsllzs6MVb
— Melonopoly (@curtmelonopoly) March 5, 2017
Recent notes in post market reports that still apply,
“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”
Per recent, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
The US Dollar is threatening important upside levels on the algorithmic model charting – we’ll see.
YEN Yup https://t.co/y53em8X2ki
— Melonopoly (@curtmelonopoly) March 6, 2017
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
Excellent review of #Gold trade 💯. $GC_F $GLD $NUGT $DUST https://t.co/lyzT88NgWV
— Melonopoly (@curtmelonopoly) March 5, 2017
Will the next leg in #Gold trading be up or down? Round 2. $GC_F $GLD $XAUUSD $GDX $NUGT $DUST $JDST $JUNG
— Melonopoly (@curtmelonopoly) March 5, 2017
Silver $SLV:
Silver recently failed at exactly where our algorithm had a symmetry price target extension. What does this mean? Silver needs to repair the chart soon or it’s down.
Crude Oil $USOIL $WTI:
Crude oil continues in its sideways trade and our EPIC the Oil algo members have been killing the range.
$CL_F $WTIC $USOIL Chart range bound with higher lows and horizontal top at resistance. Will have to break soon higher or lower? #Oil #OOTT
— Melonopoly (@curtmelonopoly) March 6, 2017
Here's a decent review of the oil trade. $WTIC $CL_F $USOIL https://t.co/0jwfSKv6AT
— Melonopoly (@curtmelonopoly) March 6, 2017
Crude oil twenty year monthly performance. $CL_F $WTI https://t.co/HgxmIyVkax
— Melonopoly (@curtmelonopoly) March 6, 2017
Volatility $VIX:
$VIX has been flat for some time, however, our algorithmic modeling suggests a possible time / price cycle coming due soon.
— Melonopoly (@curtmelonopoly) March 6, 2017
Oh yes, finally a possible sign of life in the algo signals.🔥 @VexatiousVIX https://t.co/mC5a0eDzMV
— Melonopoly (@curtmelonopoly) March 6, 2017
$SPY S&P 500:
$SPY has been trading perfectly within our model and see no divergence yet, however, we are watching the time /price cycle in our $VIX model very close here now.
$SPY S&P 500 Seasonality https://t.co/tGqZ7UksFo
— Melonopoly (@curtmelonopoly) March 6, 2017
$SPY A perspective on yearly pivot resistance point. https://t.co/QAWwdVPOk0
— Melonopoly (@curtmelonopoly) March 6, 2017
Natural Gas:
Natural Gas we do not have an algorithmic model for yet (testing). Our traders have been nailing it however.
Momentum Trades:
$TGXT and $CNCE were strong momo trades today (as were others such as $PIRS). Follow – through seemed better today. It has been lacking for a number of weeks now.
Swing Trading:
$CELG, $LITE, $CALA, $SBUX are the new swing trades added to my swing trading watch list.
$LITE Agree. Great set-up for decent RR. https://t.co/DD6SstUajn
— Melonopoly (@curtmelonopoly) March 6, 2017
Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.
The Swing Trading Twitter feed can be found here: https://twitter.com/swingtrading_ct.
Algorithmic Chart Models:
As noted above, these are doing exceptionally well also. Building, building, building.
Epic the Oil Algo continues to nail targets, SuperNova Silver recently nailed a price target extension that was critical, Rosie the Gold algo has been nailing price target extensions, our US Dollar algo has been spot on and even our $SPY algo has been nailing targets the last few weeks so it is coming along. Soon we will see if our $VIX algo is dialed in with this time / price cycle potentially ending soon.
https://twitter.com/EPICtheAlgo/status/837717042182545408
Where has @EPICtheAlgo been all my life? I’m just sitting back and watching this print money….
— NardoCrypto (@nardocrypto) March 3, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Compound Trading Stock Chat-room Transcript:
Miscellaneous chatter may be removed.
Live Trading Chat Room Transcript: (on YouTube Live)
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Also, times are Central Mountain below (we’re working on the fix now), so for New York ET time add two hours to all times.
5:55 AM Flash G mornin
5:56 AM MarketMaven M hey
6:10 AM Curtis Melonopoly morning
6:49 AM MarketMaven M $TGTX gonna fly at open
6:51 AM Flash G So glad I took that $UGAZ trade Fri
7:07 AM MarketMaven M $NFLX got their upgrade lol FIXED!
7:09 AM
Compound Trading Protected: PreMarket Trading Plan Mon Mar 6 $TGTX, $CNCE, $UGAZ LINK: https://compoundtrading.com/premarket… PASSWORD: PREMARKET030617
7:12 AM Mathew w Started $NFLX short using swing high as stop
7:13 AM Mathew w Will add under the 50 day
7:13 AM MarketMaven M $POLA on the move PM
7:15 AM MarketMaven M $TGTX taking off before bell… makes that tough
7:19 AM Curtis Melonopoly $MGTI swing from Friday up a little premarket
7:20 AM Curtis Melonopoly good luck with $NFLX! I chickened on it
7:20 AM Mathew w Small starter vs 146 stop of new highs. We’ll see nice r/r if Im right
7:21 AM Curtis Melonopoly Quick before the bell… we’re uploading the new educational vids now, swing report and rest of ago reports out today / tonight.
7:22 AM Curtis Melonopoly For the record… I want to be in that $NFLX short lol
7:23 AM MarketMaven M Citi raises Apple to $160 target, reiterates Buy
7:24 AM MarketMaven M jeez $UVXY down again PM
7:25 AM Curtis Melonopoly I won’t be on mic today… we have our hands full with video uploads and ago reports here. I will alert trades tho in here and SMS email.
7:28 AM Curtis Melonopoly $TGTX near 100% use caution imo
7:29 AM MarketMaven M I’m long $TGTX here
7:29 AM Flash G lol
7:30 AM Flash G $RNVA looks good too
7:31 AM MarketMaven M Add at 10.52
7:31 AM MarketMaven M Closed 10.94
7:31 AM MarketMaven M YES
7:31 AM Flash G lol
7:31 AM Flash G funny
7:31 AM Flash G congrats
7:32 AM Curtis Melonopoly holding $MGTI
7:33 AM Flash G $MYOS jiggy
7:33 AM MarketMaven M Back in 11.10
7:33 AM MarketMaven M $TGTX
7:34 AM Flash G wow great action on $TGTX
7:34 AM MarketMaven M Out 2000 shares 11.44
7:34 AM MarketMaven M YESSSSS
7:34 AM Curtis Melonopoly nice play MM
7:35 AM Flash G scalper!
7:37 AM Flash G $MELY $RMTN $MGTI on watch Bitcoin
7:37 AM Flash G Long $DGAZ for daytrade
7:38 AM Flash G $HSHS $CCTL $MELY $RMTN $MGTI on watch
7:38 AM Flash G$ RNVA on the move
7:38 AM Curtis Melonopoly $MGTI tank
7:39 AM Curtis Melonopoly long $CNCE 14.01
7:42 AM Flash G $RNVA low float could be big
7:42 AM MarketMaven M SHort $TGTX now? hmmm
7:44 AM Curtis Melonopoly $CNCE stop triggered 13.99
7:45 AM Mathew w Completed my first leg short right here on $NFLX. Will let it play out and see where it goes from here
7:46 AM Mathew w $NFLX chart
7:47 AM Mathew w tos
7:47 AM Mathew w. mx/saND28
7:52 AM MarketMaven M close $CNCE 15.00 – yup Curt took the trade alert
7:53 AM Curtis Melonopoly nice
7:56 AM Flash G Long $XIV
8:00 AM Flash G $CCIH 28%
8:00 AM Mathew w $PIRS nice lok
8:00 AM Mathew w Through res. Im long against the rising wedge
8:01 AM Mathew w tos
8:01 AM Mathew w .mx/XQ2epV
8:02 AM Flash G $PIRS looks good mat
8:04 AM Mathew w Simple look but easy play to manage. Stop set so I’ll let it keep trucking
8:07 AM Flash G $SNAP in trouble now
8:08 AM MarketMaven M Curt, got to admit $CNCE was the right choice of the bunch. Appreciate the call.
8:08 AM Curtis Melonopoly no problem MM
8:09 AM Curtis Melonopoly glad you banked!
8:10 AM MarketMaven M I’m with ya long $XIV Flash
8:13 AM Curtis Melonopoly nice work on $XIV guys
8:14 AM Flash G Still holding $DGAZ with defined risk / stops in place
8:15 AM Mathew w fins look horrible
8:15 AM Mathew w breaking below 3 day range from last week
8:15 AM Curtis Melonopoly $CNCE brute
8:21 AM Curtis Melonopoly if your in $CNCE off my alert time to tlratchet stops near 100% now
8:23 AM MarketMaven M $SNAP snapped
8:28 AM MarketMaven M That looks like it for the morning lol – great start to the week!
8:36 AM MarketMaven M yup got really quiet quick
8:37 AM Flash G yeah
8:42 AM Mathew w $NFLX flush baby flush. I expect this play will take a while to materialize
8:43 AM Curtis Melonopoly $NFLX looks like sh@t lol
8:44 AM Mathew wY epp couldn’t even get going very hard on that late cycle upgrade
8:47 AM Curtis Melonopoly surprised santelli on cnbc hasn’t had a heart attack yet… he’s a wired dude lol
8:49 AM Curtis Melonopoly Airlines took a hit
8:58 AM Curtis Melonopoly some general divergence here… $AAPL not looking great…. $VIX turn…. $NFLX looking bad …. interesting imo
9:33 AM Mathew w Metals looks horrible. I’m all out of $SLW small loss after big win to start the year. Still in small miners plays but things don’t look great at all
9:35 AM Curtis Melonopoly gonna watch this immigration announcement
10:33 AM Mathew w $PIRS stop bumped, no loser here but the action is great
10:37 AM Mathew w $NFLX on lows, went inside and down on 15,30,hour
10:59 AM Flash G $SBUX sweepers today Curt…. seen your tweet on it last night #swng
11:00 AM Curtis Melonopoly ya
11:26 AM Curtis Melonopoly $CELL, $LITE, $SBUX, $CARA bit coin stocks are on my swing radar.
11:28 AM Curtis Melonopolyu still holding $UGAZ flash?
11:29 AM Flash G yes
11:29 AM Flash G $DGAZ
11:29 AM Flash G lol but yes
11:29 AM Curtis Melonopoly right
11:30 AM Curtis Melonopoly and $XIV?
11:30 AM Flash G yes
11:30 AM MarketMaven M mee too on the $VIX
11:31 AM Curtis Melonopoly nice
11:46 AM Curtis Melonopoly That $XAUUSD chart really interesting point… failed 200 MA under 20 MA with 50 MA cross up thru 100 MA on deck and Stoch RSI near bottom…. hmmmmm….
11:46 AM Curtis Melonopoly and Jan 27 look at how it bounced off the 50 MA
11:47 AM MarketMaven M it did bounce there
11:47 AM Curtis Melonopoly yup
11:50 AMFlash Gsimilar set up to Jan 27
11:50 AM Curtis Melonopoly similar yup
11:56 AM Flash G If t doesn’t bounce at 50 MA this time likely done lol
11:56 AM Curtis Melonopoly likely
11:57 AM Curtis Melonopoly but likely will bounce
12:02 PM Curtis Melonopoly killing $NFLX might require something nuclear lolol jeeps
12:06 PM Curtis Melonopoly oooo sweet call on $DGAZ Flash!!!
12:06 PM Flash G why thank ya
12:07 PM Curtis Melonopoly I was wondering about that call all day lol
12:07 PM Curtis Melonopoly u pinned that
12:08 PM Flash G thanks
12:09 PM Curtis Melonopoly wow did u nail it lol
12:09 PM Curtis Melonopoly awesome reversal
12:11 PM Curtis Melonopoly credit where credit due… I knew I should have followed that one… my gut was saying go
12:16 PM Curtis Melonopoly $BSTG Swing doing well… holding.
12:31 PM MarketMaven M $PIRS 52 week high – nice trade Mathew
12:34 PM Mathew w Thanks. Blue sky breakout and can keep roasting those shorts.
12:36 PM MarketMaven M roast baby roast!
12:38 PM Flash G man I missed $PIRS
12:40 PM MarketMaven M great trade
12:40 PM MarketMaven M $BTSG sizing up to be a big runner potentially tomorrow imo
12:41 PM MarketMaven M $XIV a money machine today
12:41 PM Flash G we’re banking on that girlfriend:)
12:41 PM MarketMaven M haha
12:42 PM Curtis Melonopoly ya that’s a great call too
12:48 PM Curtis Melonopoly lol OPEC might cut again
12:48 PM Curtis Melonopoly what I see in the chart they need to lol
12:49 PM Flash G lunatics
12:49 PM Flash G mad science the oil trade
12:50 PM MarketMaven M $CRTN on scanner – lotsa buys
12:52 PM Flash G $CRTN actually got bull MM
12:53 PM Flash G Possibly looking at closing $DGAZ
12:58 PM Chat disconnected. Please wait while we try to reconnect you.
12:58 PM Successfully connected.
1:01 PM Curtis Melonopoly when $CARA Stoch RSI hits bottom on 1 day chart. … that’s an entry for me for sure…
1:03 PM Curtis Melonopoly Hoping $MGTI has another leg up
1:08 PM Flash G I think its time to look at selling bits of $DGAZ here
1:08 PM MarketMaven M 10-4
1:08 PM Flash G closing 25%
1:11 PM Flash G time to start closing $XIV bits …. 25% here – thanks for the reminder with the chart Curt!
1:11 PM MarketMaven M yup on it lol thanks
1:12 PM Curtis Melonopoly way to go guys gals take your profits
1:12 PM Flash G out another 25% in $DGAZ and $XIV holding 50% in both
1:14 PM Curtis Melonopoly same thing on $CELG swing looking for stoch rsi to cool on 1 day if possible
1:19 PM Curtis Melonopoly $LITE I’m looking for 20MA to hold on 1 day for entry long
1:21 PM Curtis Melonopoly $SBUX I’m looking for upper trend line resistance to break and hold or possibly stoch rsi at bottom on 1 day for long entry. .. I like how 20MA crossed 100 MA
1:21 PM Flash G thanks Curt
1:22 PM Curtis Melonopoly of course with each swing there are various other indicators I’m watching but you get the idea
1:22 PM Flash G ys
1:23 PM Curtis Melonopoly wow $NATGAS continues down wow wow what a trade
1:24 PM Flash G still holding 50%
1:30 PM Flash G closing $XIV and $DGAZ trades for AWESOME WINS!
1:30 PM MarketMaven M yippy! thanks flash!
1:31 PM Curtis Melonopoly nice
1:33 PM MarketMaven M $PIRS!
1:33 PM MarketMaven M looks like a decent place for our $DGAZ close
1:34 PM MarketMaven M and $XIV…. good calls Flash
1:36 PM Curtis Melonopoly Bama losing his sh@t lol gotta live him
1:37 PM Curtis Melonopoly chart bot on buy signal on $NFLX? ??
1:42 PM Mathew w Look how poorly it called that last sell signal
1:44 PM Curtis Melonopoly yup
1:44 PM Curtis Melonopoly that’s a perfect example of checking it’s calls to each stock
1:57 PM Flash G i suppose i should get my chores done… building a shed for my new ride on mower
1:57 PM Flash G that was a great day – i think we hammered every call
1:57 PM Flash G back tomorrow
1:58 PM Curtis Melonopoly peace
1:58 PM MarketMaven M ya thanks Flash! awesome day!
1:58 PM MarketMaven M lets do it again Tues!
1:58 PM MarketMaven M paid my bills today:)
1:59 PM Curtis Melonopoly have a great night y all!
2:00 PM MarketMaven M bye curt
Be safe out there!
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Article Topics: $CNCE, $TGTX, $PIRS, $XIV, $DGAZ, $PIRS, $BSTG, $NFLX, $VIX, $CELG, $LITE, $CALA, $SBUX – $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500