Post-Market Thurs Feb 16 $BSTG, $CUR, $PSIX, $AMDA, $MEMP, $SCON, $GLD, $GDX, $USOIL, $UWT, $NG_F

Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb 16, 2017; $BSTG, $CUR, $PSIX, $AMDA, $MEMP, $SCON, $GLD, $GDX, $USOIL, $UWT, $NG_F  – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY 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:

Yesterday’s trading results can be found here:

Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:

The day started fairly decent, my morning momos didn’t go at the bell so I didn’t take a trade but there were some premarket momos $SCON $XTLB and others that some members did take trades on but I didn’t.

We had some pro traders come in to the room and that was awesome – Mathew (associate trader in our room) ran a really good market update and chat / broadcast was a good learning experience for the beginners and a good intra day refresher for the experienced.

As I was locking in on some nice prospect tickers for trades and then the Trump news conference started and that kind of took the wind out of the sails of active trade on the markets and then it recovered after. Interesting Presidential media news conference in my opinion:)

The $PSIX halt we were all over in the room and I was going to trade the snap back, but yup once again a tad distracted… but two members I spoke to after market reported great trades on it.

And the $CUR volatility halt, we were all over that in the room too – so it was not a bad trading day looking back.

I added to my long position in $BSTG a micro play and that was it on the day. Watching the main currency, commodity and similar plays for inflection point (either at support or resistance). My cost average in $BSTG is .325 – started entries at .305.

Momentum / Note-able Stocks Today (via FinViz):

Ticker	Last	Change	Volume		Signal
PSIX	6.24	64.21%	4171065		Top Gainers
TOPS	3.00	36.99%	1238633		Top Gainers
SCON	1.55	34.78%	28285585		Top Gainers
CSLT	3.85	22.22%	1903888		Top Gainers
SXE	2.74	21.24%	1078957		Top Gainers
CUR	3.77	18.55%	3595603		Top Gainers
GMO	0.68	11.41%	1626647		New High
SAGE	62.75	8.98%	2977634		New High
NTES	298.73	14.08%	3735548		New High
GRVY	24.52	12.32%	59174		New High
SWIR	26.23	2.24%	591042		Overbought
ZSAN	3.07	7.72%	30820380		Overbought
SCTO	24.73	-0.16%	88468		Unusual Volume
XTLB	3.58	16.46%	1792363		Unusual Volume
XIVH	47.62	-0.83%	36364		Unusual Volume
DJD	29.98	0.32%	233355		Unusual Volume
BAC	24.58	0.00%	97998017		Upgrades
AEE	52.94	0.76%	2248203		Earnings Before
JMBA	9.68	-0.62%	31047		Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Here’s a few micros I am watching/ trading:

$BSTG

$AMDA

$MEMP

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“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 yesterday, “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:

$DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Gold and Miner’s are both at what we consider key resistance, below is a quick periscope video that walks you through what our algorithm @RosietheAlgo is up to.

An article on Gold / Miners you may want to read….

Silver $SLV:

Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Crude oil continues to threaten a key support area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

 

Volatility $VIX:

Volatility continues its flat line.

$SPY S&P 500:

$SPY did come off a bit in Thursday trade, but nothing to be concerned about at this point at all. I wouldn’t try and call the top.

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Natural gas did loose the 200 day and the next most probable Fibonacci line is at 2.74 ish, however, in overnight trade it did gets some upside momentum – so the jury is out on $NATGASUSD.

Per yesterday, “It seems to be near a low IMO, we’re watching”.

Momentum Trades:

As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

As noted above, we have literally sent one out of the park after another. Continues to look good forward. The remaining calls we had in our mix such as $GOOGL and $AMZN took full bull stance also. Watching $RUSL closely now.

Earnings:

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

Momentum in premarket with $SCON and $XTLB.

08:59 am Curtis M : Protected: PreMarket Trading Plan Thurs Feb 16 $XTLB, $SCON, $MDGS, $TYHT, $UGAZ, $SLV, $NUGT, $JNUG https://compoundtrading.com/premarket-trading-plan-thurs-feb-16-xtlb-scon-mdgs-tyht-ugaz-slv-nugt-jnug/

Transcript:

Premarket chatter missed before recorder was turned on.

08:59 am Dave D : Protected: PreMarket Trading Plan Thurs Feb 16 $XTLB, $SCON, $MDGS, $TYHT, $UGAZ, $SLV, $NUGT, $JNUG https://compoundtrading.com/premarket-trading-plan-thurs-feb-16-xtlb-scon-mdgs-tyht-ugaz-slv-nugt-jnug/
09:31 am Mathew Waterfall : $ARWR with some continuation
09:33 am Tammi H : $KATE nice from PM entry
09:34 am Sledge L : $MDGS has news fyi
09:35 am Flash G : My $MGM swing boom
09:36 am Curtis M : $CUR halt
09:42 am Mathew Waterfall : $NGD trim from 3 entry here. Wil keep half for continuation
09:42 am Sandeep A : $MGM played out well
09:45 am Dave D : Not then best on momo stock side at open ugh
09:46 am Sandeep A : Trying to short $SCON but hard to find an entry
09:49 am Tammi H : $GENE popped and dropped
09:51 am Nicholas Winton : btw i like $NAK a lot
09:51 am Nicholas Winton : shortseller is going to get crushed imo
09:51 am Nicholas Winton : still take any trades w a stop
09:53 am Dave D : $MEMP +25%
09:55 am Curtis M : $CUR VWAP spike
09:59 am Mathew Waterfall : Stopped out of $UAA as noted yesterday. Stock looks like it wants to keep boucning and I don’t feel like waiting around. If it ever makes it back into thegap I may get interested
10:01 am Mathew Waterfall : $PPP miners strike in Mexico hitting it hard. down 10%. Will look to pick up a few shares
10:03 am Sledge L : $AMDA got a small jump at open:)
10:03 am Nicholas Winton : watch $SUNW small solar stock
10:06 am Mathew Waterfall : $ATLT strong like bull. next level is 20.20-20.40 and it should get going
10:09 am Curtis M : Well thats it for me – no morning momos – going to grab a coffee and do our regular OIL Gold Silver DXY etc charting in a bit.Disappointing open with SPY red.
10:09 am Mathew Waterfall : Hey, you know how I feel but more red is likely in the future
10:10 am Curtis M : All red is good with me:) need some $VIX acton
10:10 am Mathew Waterfall : Watching $XLF close right now, down day is very bearish there. Also watching bonds and dollar. wil give a round up at the hour mark as usual. Advanced warming for those who want to turn their speakers off
10:14 am Curtis M : private message on there for you Mathew fyi
10:17 am Curtis M : Mat away from monitors for 10 mins message me on Twitter if you get a chance
10:17 am Nicholas Winton : $GMO has some mojo
10:21 am Mathew Waterfall : Not much follow thorgh on any of these moves Im watching. VOlume drying up quickly
10:21 am Mathew Waterfall : Also lol at Soros Nich. That guy needs to sulk back into retirement
10:22 am Nicholas Winton : yeah, brutal
10:22 am Nicholas Winton : lol
10:23 am Mathew Waterfall : Rumored he lost a billion on the election trade after he was so sure of hillary and scared of trump that he went short after election night and got killed.
10:23 am Curtis M : $PSIX halt
10:24 am Nicholas Winton : wow George – at least he still has what 20 billion left
10:24 am Nicholas Winton : he might not be tipping waiters by this time next year (if he ever did)
10:25 am Mathew Waterfall : Probably tips in left wing propoganda booklets
10:25 am Nicholas Winton : ha
10:25 am Nicholas Winton : i get that $NAK is going to keel the short-seller
10:25 am Nicholas Winton : hope he covered
10:26 am Mathew Waterfall : It’s been strong and with metals strength I like the company, but the management did not handle that well
10:26 am Mathew Waterfall : I like to bet the jocket not the horse as they say, and that jockey did not do a fine job after the report
10:27 am Nicholas Winton : yeah let’s see how things play out
10:27 am Nicholas Winton : if copper stays in bull mode so will NAK
10:28 am Mathew Waterfall : Agreed. Seeing some follow through bearish $SPY flow. This remoinds me so far of the shallow pullback we had into the end of December
10:28 am Mathew Waterfall : Not getting too worked up as of yet but watching
10:30 am Mathew Waterfall : on the mic at 11 est for the review. Going to bump then back a bit to make things flow a bit better
10:30 am Mathew Waterfall : Natty flush
10:31 am Sandeep A : $PSIX is up like 70% curt
10:50 am Curtis M : $BSTG jiggy
10:52 am Tammi H : Really thinking $AKER is a decent long hold here
10:52 am Tammi H : Also looking close at $GOOGL and $AMZN…. I know I know but seriously
10:54 am Sledge L : I might take some $PSIX here now soon for afternoon
10:57 am Sandeep A : Curt was right on that wait on natty long I was yacking on about
10:58 am Sandeep A : It should get a really good bounce when it does
11:00 am Mathew Waterfall : On the mic
11:01 am SHortYELLEN! Y : thank you
11:03 am Kmanx E : dxy gonna dive way low
11:04 am Curtis M : Erc L maste of impending market doom on his way in da room
11:05 am Tammi H : obvious doom on horizon – Trump is holding a conference at noon fyi
11:06 am Eric Luni : LOL thanks for the intro
11:06 am Curtis M : hey eric lol
11:07 am Curtis M : 🙂
11:07 am Eric Luni : 🙂
11:08 am Tammi H : oooo some volatility maybe around the corner
11:08 am Tammi H : eric your the bond guy correct? curt said something
11:09 am SHortYELLEN! Y : yup he is Tammi – doomsday starts at 12 noon when Trump speaks get your VIX now
11:09 am Curtis M : Gold at algo resistance call fyi
11:10 am Dave D : Thanks for the wise words Mathew
11:10 am Dave D : Should I hedge with Gold now? Or wait for a pull back?
11:11 am Mathew Waterfall : My pleasure. I try to keep those pretty brief and to a general view but if you want to hear something in particular let me know
11:11 am Mathew Waterfall : At this point with gold I want to see if it can make a new high which would be 1250 on /GC. If we can get over that I think the path is higher
11:11 am Eric Luni : Yes bonds are really something..
11:12 am Dave D : Eric, do I hedge with Gold or no?
11:12 am Dave D : Or wait?
11:12 am Dave D : I thiink Trump is going to f things up soon
11:12 am Eric Luni : personally i prefer silver
11:12 am Dave D : Thats what Mat and Curt are saying
11:13 am Eric Luni : Clearly the yknow what they’re talking about :p
11:13 am Kmanx E : ANy thoughts on inflation Mat Curt or Eric?
11:14 am Mathew Waterfall : Silver looks great here. Some consolidation abover 18 and ready to rip
11:15 am Curtis M : I’m a math guy – not a bond or inflation or macro guy
11:15 am Mathew Waterfall : I think there is some inflation coming, which is why the mtals are rallying and why they stayed solid against all of the currency noise over the past week
11:15 am Curtis M : in case ya all didnt notice …. 2 things about that VIX chart…
11:16 am Curtis M : 1. Its divergent… could be a switcherooo on deck
11:16 am Curtis M : 2. MACD seriously elevated
11:17 am Tammi H : your saying perhaps short VIX soon then?
11:18 am Curtis M : MACD not high enouhg yet but you may want to consider when it peaks yes… may…
11:18 am Mathew Waterfall : Another thing to keep in mind is that if we do see continuation to the downside on the dollar we will see likely more inflation
11:18 am Tammi H : that makes sense
11:19 am Sledge L : Mathew thats the way I see it
11:19 am Mathew Waterfall : So a couple factors both leading to higher inflation IMO
11:20 am Eric Luni : not a popurlar opinion, but i don’t think hyperinflation for USD is out of the question.. i see soaring rates ahead as historic distortions are corrected by the market.. just my opinion though
11:20 am Eric Luni : too. much. debt.
11:20 am Sandeep A : Thats for sure Eric
11:21 am Sandeep A : What about Trump’s 4% + growth? Possible?
11:21 am Mathew Waterfall : At this point I don’t even know if the debt matters all that much though
11:21 am Mathew Waterfall : 4% mybe in the future, next 6-18 months, doubt it
11:22 am Flash G : Debt has to play in eventually you would imagine
11:22 am Eric Luni : It’s the only “asset” backing the dollar
11:23 am Eric Luni : surely it matters when you can barely service the debt at these low rates..
11:23 am Mathew Waterfall : In the conventional sense maybe it has to come into play, but in the american our nation/military is stronger than yours who knows.
11:23 am Flash G : ya thats kind of my thinking
11:23 am Mathew Waterfall : Who is going to call us? China/Japan? They both depend on a strong US althoguh that is slowly declinging
11:23 am SHortYELLEN! Y : North Korea will take us all out
11:23 am Mathew Waterfall : *declining
11:23 am Mathew Waterfall : A nuke from north korea would be great for my gold plays
11:24 am SHortYELLEN! Y : lololol
11:24 am Eric Luni : haha
11:24 am SHortYELLEN! Y : Trump is on TV in 30 mins I think
11:25 am Mathew Waterfall : Yepp. I gotta take a quick break. Back for Trump
11:25 am Curtis M : ok
11:25 am Curtis M : good update today Mat – I learn everyday which is nice at 49 years young
11:26 am Curtis M : Oil right on that support lne
11:26 am Curtis M : thats manipulated play right there folks
11:27 am Curtis M : Theyre holding it up over that supprt
11:27 am Curtis M : Managed markets
11:28 am Eric Luni : well said
11:28 am Sandeep A : Oil is kind of getting obvious
11:28 am Sandeep A : Like $SPY
11:28 am Sandeep A : imo
11:29 am Flash G : It’s so liquid though
11:29 am Flash G : massive flows
11:30 am Flash G : wonder if thats possible with oil markets
11:30 am SHortYELLEN! Y : for sure
11:31 am Dave D : I still dont get Curtis how you get the price to follow those white dotted lines 🙂
11:31 am Dave D : I understand everything else
11:32 am Dave D : I didn’t say that right hahahaha it doesn’t follow your lines but you know
11:32 am Curtis M : ya it follows what i tell it
11:32 am Curtis M : wouldnt that b nice
11:33 am Curtis M : next webinar I wll explain in detail and show you all time frames those quadrants – they’re Fibonacci based
11:34 am Dave D : erfect
11:36 am Curtis M : $MRNS on the move
11:37 am Sledge L : Thing of $VIX before Trump on TV
11:39 am Flash G : This is super interesting too http://www.zerohedge.com/news/2017-02-16/meet-man-rumored-be-behind-markets-relentless-ramp
11:39 am Dave D : Yes read that
11:39 am Sandeep A : Agree
11:41 am SHortYELLEN! Y : Paul Ryan is sooo daft
11:42 am Sandeep A : Hey Curt, let you know while its quiet here… like the room its grounded my action – I think now
11:43 am Curtis M : Ya thats good. Focus is good.
11:43 am Kmanx E : $EEM blocks are flowing
11:44 am Tammi H : $ZSAN shorts might get their asses handed to them here
11:48 am Curtis M : Silver 18.15 18.52 19.02 and gone if 19.02 cleared and holds fyi
11:48 am Curtis M : Symmetrical resistance areas
11:49 am Sandeep A : I get it
11:49 am Flash G : KISS
11:49 am Curtis M : yup
11:51 am Nicholas Winton : Mat- you like MJTK? nice curl
11:51 am Curtis M : theme is cash rich bios now fyi
11:51 am Curtis M : intra day lol
11:53 am Curtis M : chart bot nailed that buy alert
11:54 am Curtis M : $TVIX sitting on VWAP
11:59 am Curtis M : NATGAS lost the 200 MA and will ikely see at least 2.74
12:03 pm Tammi H : You just put that sh*t out there and don’t care if you’re wrong lol
12:03 pm Flash G : He’s never wrong
12:04 pm Curtis M : lol ya ok
12:04 pm Eric Luni : lol
12:04 pm Curtis M : ask my wife
12:04 pm Eric Luni : haha
12:04 pm Curtis M : or the bacarrat dealer
12:05 pm Sandeep A : funny
12:06 pm Dave D : our market is really slumpy here today
12:06 pm Eric Luni : lets see a tvix bounce on that sexy vwap
12:07 pm Sandeep A : sex? bounce? yes long
12:07 pm Sandeep A : hahaha
12:07 pm Eric Luni : lol
12:07 pm SHortYELLEN! Y : omg
12:14 pm Flash G : retail lol bye bye
12:18 pm Mathew Waterfall : Break took a bit longer than expected, got a ton of rain in the last 48 hours had to do some emergency clean up around the homestead
12:18 pm Curtis M : The rooms are split right now btw – both seeing same screen tho
12:19 pm Sandeep A : Seattle?
12:19 pm Mathew Waterfall : Nich, still have an eye on $MJTK watching for signs of life
12:20 pm Mathew Waterfall : Yea Seattle area. There was a huge mud slide a couple miles form my house last night covering one of the major freeways up here. That’s how much rain we got
12:20 pm Sandeep A : wow
12:20 pm SHortYELLEN! Y : in Canada myself where its nice but cold
12:21 pm Flash G : Forida baby
12:21 pm Flash G : This $HZNM looks good in a sad kinda way
12:21 pm Mathew Waterfall : MACD looks decent with some volume it could get going
12:22 pm Flash G : ya
12:22 pm Flash G : I’m looking at $NVDA long now first time
12:23 pm Mathew Waterfall : $ARWR shoing some life as well after the fake out this AM that had me adding at 2.15. looking for upper 2s or 3ish
12:29 pm Curtis M : $HZNM just spiked lol
12:31 pm Sandeep A : btd?
12:31 pm Mathew Waterfall : In a bit more $SLW here on weakness with silver strength
12:36 pm Flash G : Looks like $TSLA action starting
12:40 pm Curtis M : might be time to find your fav daytrade long … market may go green
12:50 pm Curtis M : add long $bstg
12:55 pm Dave D : that’s an interesting one Curt
12:56 pm Flash G : EPIC or the $BSTG? EPIC has me intrigued and I don’t trade oil.
12:56 pm Dave D : both i guess
01:05 pm Sandeep A : Sexy little play there
01:10 pm SHortYELLEN! Y : not a bad rip for a little guy curt
01:14 pm Curtis M : convinced the oil markets are managed
01:15 pm Eric Luni : You’re not alone, and it’s not the only managed market..
01:16 pm Curtis M : ya
01:16 pm Mathew Waterfall : It all is, but that’s the casino we play in
01:17 pm Curtis M : getting hate mail fr my natgas comments
01:17 pm Eric Luni : lol do you often get that kind of mail?
01:17 pm Mathew Waterfall : So you know you’re on to something lol
01:17 pm Mathew Waterfall : The right/wrong meter of sorts
01:18 pm Curtis M : yes
01:18 pm Curtis M : loots
01:18 pm Curtis M : always
01:19 pm Eric Luni : wow
01:20 pm Curtis M : some folk dont lke black and whte math chart type calls… emotion plays in
01:21 pm Curtis M : chart bot on $BSTG chart
01:21 pm Eric Luni : yea humans are funny but hate mail.. jeez
01:21 pm Curtis M : lol
01:22 pm Tammi H : $MYSZ action
01:23 pm Sandeep A : that lil bstg is funny chart
01:23 pm Sandeep A : whoaaa
01:23 pm Sandeep A : haha
01:24 pm Curtis M : might take it a few days 3 or 4 to fill gap
01:24 pm Curtis M : or maybe i,m wrong
01:25 pm Nicholas Winton : $GMO boom
01:26 pm Curtis M : nice Nich great call
01:27 pm Curtis M : whats your PT? Nch on GMO
01:33 pm Dave D : Nich boomed and left maybe
01:34 pm Curtis M : $AMDA got some action today it may go over coming days
01:37 pm Curtis M : Gold back at the magic mark
01:38 pm Curtis M : And then it just needs to clear blue above and keep it and it should be bye bye
01:39 pm Mathew Waterfall : All about the dollar. Back at the support, dollar needs sub 100.49 for the complete flush. If it takes a day or two to get through there not really a negative in my view
01:48 pm Curtis M : $DV halt
01:54 pm Dave D : This is interesting $DV Insider buy Weekly CEO Buys Highlights http://finance.yahoo.com/news/weekly-ceo-buys-highlights-175517732.html?soc_src=social-sh&soc_trk=tw … via @YahooFinance for sure
01:54 pm Dave D : what u think curt?
01:54 pm Curtis M : no idea
01:54 pm Dave D : hmm
01:54 pm Curtis M : price will tell
02:10 pm Kmanx E : Trump press conference was to da moon
02:12 pm Sandeep A : H e just put markets on hold lcause he talks
02:15 pm Nicholas Winton : any uge news from Donald?
02:15 pm Sandeep A : ya
02:15 pm Dave D : hes walking news lol
02:17 pm Sledge L : Transcript http://www.cnbc.com/2017/02/16/click-for-a-full-transcript-of-trumps-first-solo-press-conference.html
02:18 pm Nicholas Winton : thanks!
02:18 pm Nicholas Winton : ideally we get a mini scare on the SPY that spikes VIX like crazy in next day or two
02:19 pm Nicholas Winton : and resets sentiment with little actual damage
02:19 pm Nicholas Winton : just my thoughts
02:20 pm Sandeep A : interesting
02:20 pm Nicholas Winton : btw i’m getting we should put DRYS and NAK on our watchlists for the next couple of weeks
02:21 pm Nicholas Winton : if we get another melt up, i expect they will follow
02:21 pm Sandeep A : he may surprise everyone
02:21 pm Curtis M : thanks Nich
02:21 pm Mathew Waterfall : I’m also watching $NAK. The CEO said they would come back friday with something more substantial, we’ll see if that happens
02:22 pm Nicholas Winton : interesting, thanks for that note
02:23 pm Nicholas Winton : i’ll have more notes on both of those stocks next week
02:23 pm Mathew Waterfall : I think they said by the end of the week but I take that as tomorrow. Once they release that I’ll dig in a bit and see what the deal really is
02:24 pm Nicholas Winton : insiders are buying NDM this wk btw
02:24 pm Nicholas Winton : NAK aka NDM
02:24 pm Nicholas Winton : i would love it to fall more
02:24 pm Nicholas Winton : and really load up
02:24 pm Nicholas Winton : but we’ll see
02:37 pm Mathew Waterfall : Looking at $SWN for an add and $CHK for a starter
02:46 pm Nicholas Winton : traders who might be interested, put $SUNW on your watchlist
02:46 pm Nicholas Winton : it’s a small solar stock
02:46 pm Kmanx E : Got it thanks!
02:46 pm Sandeep A : I like it
02:47 pm Sandra Q : looks decent
02:47 pm Nicholas Winton : my signals get we might see something interesting happen in next day or two
02:47 pm Nicholas Winton : watching tomorrow especially
02:53 pm Mathew Waterfall : Chart looks decent. Looks like 2.17-2.2 should be some resistance but over that looks like it would run
02:53 pm SHortYELLEN! Y : thank you Nicholas and Mathew and Curt you guys really help… Be here tomorrow. Good night!
02:53 pm Nicholas Winton : I agree- Mat and Curt rock!
02:54 pm Flash G : On Curt’s Twitter fyi Thinking about backing the dump truck fleet up on $SPY and buying the dip.
02:54 pm Nicholas Winton : i do think NAK could be a big mover tomorrow Mat
02:54 pm Curtis M : thanks flash I should have alerted that in room
02:54 pm Mathew Waterfall : Nice to have you along Nick, Eric, and everyone else who contributes. The best days in here are the days where everyone is chatting and tlaking trade ideas
02:55 pm Curtis M : I was just trying to bug some haters on Twitter lol get hate mail for Gold resistance and $SPY bears
02:55 pm Nicholas Winton : haha
02:55 pm Flash G : I prefer to be bias to profit not hating on charts
02:55 pm Curtis M : good point
02:56 pm Mathew Waterfall : $NAK calls also look cheap here. might take some Mar 3’s. at .16 they seem worth the risk
02:57 pm Curtis M : $NAK really has my curiosity
02:58 pm Mathew Waterfall : I like options for these plays. Clearly defined risk. If it ends up getting flushed again for some reason I don’t get burned too bad, it rockets I make money
02:58 pm Curtis M : makes sense
03:09 pm Curtis M : taking a conference call fyi
03:10 pm Nicholas Winton : I am getting $NAK begins a major new trend 1-2 trading days of Feb 18th
03:11 pm Nicholas Winton : which could mean as soon as Fri or as late as Tue
03:11 pm Nicholas Winton : i think we could see something big happen tomorrow
03:13 pm Nicholas Winton : if I’m right that short-seller will be crushed
03:15 pm Mathew Waterfall : I hope they are. I hate short sellers that release some BS like that. The report was pretty baseless
03:18 pm Mathew Waterfall : $SWN add. Will keep hitting this as natty tries to find its bottom
03:19 pm Nicholas Winton : put $ASM on watchlist
03:19 pm Nicholas Winton : also could fly
03:19 pm Mathew Waterfall : I love that, and am in it. I have decent location but it has been reving up and good support mid 1.90’s
03:20 pm Nicholas Winton : tomorrow would really crush the morale of the shorts if we surge higher
03:20 pm Nicholas Winton : i mean even more
03:20 pm Nicholas Winton : i’m leaning toward that
03:21 pm Curtis M : at my age and weight just lean or lein whichever it is
03:22 pm Mathew Waterfall : I think the indexes need some cooling off. Would would get me actually bearish besides a couple small stabs would be if we fell off, then the dip got bought hard but couldn’t make new highs. Classic pattern that would lead to a huge flush as all of those late longs got flushed out
03:23 pm Mathew Waterfall : Until something like that happens I have no faith that the bears are in control as much as I wish that were the case
03:30 pm Kmanx E : $SAGE going
03:37 pm Curtis M : big buys in $CL
03:37 pm Mathew Waterfall : Out of here a bit early today to take care of a few things while this slow close grinds on. See yall in the AM
03:37 pm Curtis M : kk
03:37 pm Flash G : cya mat
03:37 pm Tammi H : Thanks Mathew
03:40 pm Curtis M : Putting $CL on my swing watch list
03:40 pm Curtis M : looks really good
03:41 pm Nicholas Winton : ciao all
03:41 pm Curtis M : by Nich
03:41 pm Sledge L : Later
03:56 pm Tammi H : $BBW poppin
03:57 pm Curtis M : Looks like market is set for tomorrow and in to next week for higher. Could surprise me but….
03:59 pm Jack M : thanks c you
04:00 pm Jack M : great day cya later guys and gals

Be safe out there!

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