Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Thursday March 16, 2017; $TOPS, $ORCL, $GLBS, $INNL, $SINO – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $DRYS, $SSH, $ASM etc …
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/ .
Early Traders: Today’s trading room video below has two trades that may help you – the first was a market open trade in $ORCL that didn’t go my way. Specifically the broadcast deals with indicators I watch to cut or fish in these scenarios. The second was a break-out trade in $TOPS in at 2.03 and out at 2.37 6000 shares.
Posts to Members sent direct vs. posting to blog – One of the most common DM questions I am getting is surrounding member algo post unlocks (the one’s members get and we unlock after some time to the public)…. We do not post all member updates to the blog, in other words many of the posts are direct email updates that never get to the blog. Theses can be daily updates or intra-day updates of various types. The only reason we post to the blog at all is for transparency and a public historical record of our work (if it’s good work it should show and if not we should go do something else). So if you are a member to a specific algo charting service or our swing trading service you will receive intra updates and memos etc relating to that service that nonpaying public will never see. Hope that helps.
Gotta say thanks to the traders in the community coming out to share your insights in the room – really appreciate it! And the kind notes!
— Curtis Melonopoly (@curtmelonopoly) March 14, 2017
Trading Room Attendance: With our commercial multi-user algorithm chart modeling client platform launch, upcoming 24 hour oil trading room and coding for our algorithm models for our trader’s cockpit (you’d have to read our story on our website to understand our build-out plans)… I won’t be in the trading room as much starting Tuesday March 14, 2017. I expect to be in the room most days the first hour or two and then I have to turn my attention to the platform development daily and assistance our software developers require of me. I will still have my monitors on and will likely comment and/or run intra-day review broadcasts etc – I just won’t be in the room minute by minute.
We’re in middle of creating and editing a swath of educational videos – out soon.
The ability for members to access transcripts on demand we are working on – should have that done soon.
The Compound Trading YouTube Channel now has the daily trading chat room full length video uploaded daily with all stock trades for the day.
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.
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; $ORCL, $TOPS, $ORCL, $GLBS, $INNL, $SINO,
As mentioned above, I took a tough trade in $ORCL (small loss on two tries) – I was late to the party, but the way the trade was handles was important (the indicators). And $TOPS I hit that one for a run and was a nice morning momentum play. Then the market just went flat and our room decided best to $STUDY and use the time effectively.
The daily member premarket trading plan ;
— Compound Trading (@CompoundTrading) March 16, 2017
Premarket was all about; $HTBX $SKLN $OCRX $GPRO $ONCS $ORCL and more. The shippers didn’t take long to get momentum after market open.
— Curtis Melonopoly (@curtmelonopoly) March 16, 2017
Twitter post that included some of the daily trading action (click on);
— Curtis Melonopoly (@curtmelonopoly) March 16, 2017
Here’s the latest public edition of keep it simple swing charting – this one has a MACD focus;
— Compound Trading (@CompoundTrading) March 12, 2017
The Swing Trading Twitter feed can be found here: https://twitter.com/swingtrading_ct.
Algorithmic Chart Models:
Not much to report – algo charts are on target as usual.
Stocks, ETN’s, ETF’s I am Holding:
I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $ONTX, $XOM, $NE, $BLKG, $DRYS, $USRM, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Stocks Today (via FinViz):
The Markets Looking Forward:
The markets ran hard after the FOMC on Wednesday and then on Thursday we seen the shippers and dry index get lift which isn’t always the best indicator for market health – we also seen some general rotation, which I expected. Friday and Monday should set the tone for the short term… so I am watching closely. There are a number of swing trades I’m excited about entering between now and Monday also.
— ukarlewitz (@ukarlewitz) March 16, 2017
— Movement Capital (@movement_cap) March 16, 2017
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
Results are in for Gold trading vote:
— Curtis Melonopoly (@curtmelonopoly) March 13, 2017
— Movement Capital (@movement_cap) March 16, 2017
Crude Oil $USOIL $WTI:
— Curtis Melonopoly (@curtmelonopoly) March 15, 2017
Live Trading Chat Room Transcript: (on YouTube Live):
Compound Trading Stock Chat-room Transcript:
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. Also, most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
There was some lag in the room and the transcripts for some reason… so when corresponding trade times below to video today they may not match. In fact, I took two trades in $ORCL and only one showed up in transcript so when I have time I’ll go in to video record and edit transcript below – it was early I know that for now. And both trades were small losses.
6:37 AM MarketMaven M Downgrades $EWBC $RUBI $CIEN $TROV $MASI $GARS $CNP $DBVT $TCBI $NEM $WSM $BIIB $UAL $TSN
6:38 AM MarketMaven M Upgrades $ETR $INST $NCR $GPRO $ORCL $LITE $INFN $OAS $LC $AR $DAL $LRCX $GG $ABX $OXM $GOGL $COLB $PFGC $TJX $ATI $JBL $GG $SYNA $THRM
7:11 AM Mathew w In some JNUG small premarket against yesterdays close. Gold up YUGE so expecting this to get some legs here
7:12 AM wintonresearch morning
7:13 AM wintonresearch with all the metals up, shippers are on watch too
7:13 AM wintonresearch $DRYS $ESEA $SINO
Compound Trading PreMarket Trading Plan $GLD, $GDX, $WTIC, $GPRO, .LINK: https://compoundtrading.com/premarket… PASSWORD: PREMARKET031617
7:49 AM MarketMaven M $INNL
lag Curtis Melonopoly 46.64 600 shares long
lag Curtis Melonopoly $ORCL
7:50 AM Curtis Melonopoly stop 46.57
7:51 AM MarketMaven M thanks curt
7:52 AM MarketMaven M these pumpers on twitter always get me excited i should just shut it off
7:53 AM Flash G yepp
7:53 AM Curtis Melonopoly lol
7:56 AM wintonresearch ESEA moving
7:57 AM Curtis Melonopoly 46.57 hit
8:00 AM MarketMaven M wow Nocholas $TOPS YUGE
8:01 AM wintonresearch private client of mine got into $SINO also nice moving
8:02 AM Curtis Melonopoly 46.54 another small loss
8:02 AM Curtis Melonopoly lol shite
8:04 AM wintonresearch holy crap TOPS
8:04 AM wintonresearch ?
8:06 AM wintonresearch not to interrupt but watch U stocks $URRE is a low mkt cap one that could run
8:12 AM Curtis Melonopoly u couldn’t interrupt ✌
8:13 AM Curtis Melonopoly we want Moar
8:13 AM MarketMaven M yes
8:14 AM Flash G $GS doing well
8:22 AM wintonresearch fwiw, my signals got Feb 15th as a turn date for $MJTK before a run
8:23 AM MarketMaven M $MACK pumpers at work
8:23 AM wintonresearch one thing worth watching is $IWC Russell Microcap Index and it’s been moving up- holds stocks across sectors
8:23 AM wintonresearch so good for sentiment
8:24 AM wintonresearch and for gauging speculation
8:24 AM Curtis Melonopoly Nich I was going to research that one last night but got home late so I will tonight appreciate that
8:24 AM wintonresearch i think we’re heading into another speculative bubble with these various niches and commodities
8:25 AM wintonresearch over the next month
8:26 AM wintonresearch the Lithium ETF US: LIT broke out of its trading channel and is quietly near it’s all time highs
8:26 AM wintonresearch pulled back a bit today- but i think everything renews after a morning pullback
8:28 AM Curtis Melonopoly I think your spot on Nich
8:28 AM Curtis Melonopoly smells a lot like a replay of past periods to me
8:28 AM Flash G agree
8:30 AM Flash G $VEEV and $GS have me thinking but thats about it and miners and maybe $TSLA
8:32 AM Curtis Melonopoly well if nothing else my struggle getting grip with $ORCL may help a few beginners on review… just late to the party but it had a chance lol
8:32 AM Curtis Melonopoly really going to dig deep on swing trades between now and Monday. … I smell serious opportunity
8:32 AM wintonresearch yessir
8:32 AM Flash Ga gree x 10000000000
8:33 AM MarketMaven M even i got that figured out haha
8:35 AM MarketMaven M10:32 Natural Gas Inventories: actual -53 bcf, prior -68 bcf
8:36 AM Curtis Melonopoly OK $TOPS long 2.03
8:37 AM Curtis Melonopoly starter
8:37 AM MarketMaven M bahahaha
8:37 AM Curtis Melonopoly lol had too
8:37 AM Curtis Melonopoly well see
8:42 AM MarketMaven M in $TOPS 2.12
8:42 AM MarketMaven M had too
8:43 AM Curtis Melonopoly oh lol
8:43 AM Flash G $TSLA may go to ore upside extnsions here Curt
8:43 AM Curtis Melonopoly ya watching close
8:44 AM wintonresearch i get UGAZ might be a good buy in about 60 mins
8:44 AM Curtis Melonopoly might add another 3000 on $TOPS if
8:44 AM Curtis Melonopoly added 2.26
8:45 AM Curtis Melonopoly $TOPS
8:45 AM Curtis Melonopoly yes agree to $UGAZ
8:45 AM Flash G good daytrade guys gals
8:46 AM Curtis Melonopoly may cut
8:46 AM Curtis Melonopoly trailing out 2.45
8:47 AM Curtis Melonopolyaverage fills 2.37 6000 shares out
8:47 AMMarketMaven Myes out 50% $TOPS
8:47 AM Flash G nice win
8:47 AM Mathew w Quiet for me. Got stopped out of JNUG for like 5 cent loss. VRX working nicely in a stock I hate but should get some legs lol
8:48 AM wintonresearch $URRE chart shaping up nicely, low m cap- i think it’s gearing up for a run
8:49 AM Curtis Melonopoly like $URRE here to
8:49 AM Mathew w Nice trade curt. I was watching right about the time you jumped in, but hate the shippers so much I couldn’t do it
8:51 AM Curtis Melonopoly $ESEA watch
8:53 AM Mathew w large vrx call sweeps going by FYI. I know one other person was in this which is why I mention it
8:54 AM Curtis Melonopoly add $ESEA 1.66
8:55 AM Curtis Melonopoly 3000 share add was the add on $ESEA
8:56 AM MarketMaven M $VRX is my early Christmas present
8:57 AM wintonresearchlet’s not forget $DRYS
8:57 AM Mathew wIm hoping for you and me both MM
8:59 AM MarketMaven M out $ESEA
9:04 AM Curtis Melonopoly out flat
9:06 AM MarketMaven M $innl REGULATORY HALT LOLOL
9:07 AM Mathew w $SLW small starter. this is the rubber match Im 1-1 on wins-losses iwth this name in the last 2 months
9:08 AM MarketMaven M I was looking at the chart this morning Mathew
9:08 AM MarketMaven M good luck on it
9:11 AM Mathew w I wanted to buy off of the open but let it cool. Playing against recent lows so a decent stop, and earnings next week which should provide a catalyst along with rising silver prices
9:12 AM Mathew w I’ll add over 22 most likely
9:13 AM Flash G $TSLA is magic nothing else explains it
9:13 AM Curtis Melonopoly love it
9:14 AM Mathew w My wife asked me the other day why I hated TSLA as a stock. I ran down the laundry list and she goes, “yea, makes sense. People love it though” lol
9:14 AM Mathew w explains it in a nutshell
9:14 AM MarketMaven M $GEVO rockets
9:17 AM wintonresearch i got $DRYS making a big move very soon- worth watching
9:19 AMCurtis Melonopoly?
9:23 AM MarketMaven M This might be a good place to take a break???
9:24 AM MarketMaven M missed breakfast
9:24 AM Curtis Melonopoly ya next 30 min possibly lol
9:24 AM wintonresearc hbtw one sector to watch is EM – and Greece in particular
9:24 AM Curtis Melonopoly good to take a breather and think wider time frames anyway
9:25 AM wintonresearc hfor long term buys, i like the $GREK etf
9:25 AM Curtis Melonopoly yup agree Nich
9:25 AM wintonresearch and my home run pick over there is
9:25 AM wintonresearch $NBGGY
9:25 AM wintonresearch if you can look at a 4-5 year chart
9:25 AM wintonresearch you’ll see it completed a brutal bear
9:26 AM wintonresearch and has been basing
9:26 AM wintonresearch i think it’s gonna be a huge winner
9:27 AM wintonresearch watching to see when it moves above 26c
9:27 AM Curtis Melonopoly back in a few
9:28 AM MarketMaven M me too
9:28 AM Flash G feel ya Nich on it thanks
9:28 AM Flash G Long $UGAZ some
9:29 AM wintonresearch maybe Curt can put the chart up later showing long term
9:32 AM Curtis Melonopoly I’m gonna email sartaj right now so he gets you chart sharing Nich
9:35 AM MarketMaven M $DRYS!!! omg i can’t get food
9:36 AM Flash G go
9:48 AM wintonresearch fwiw my forecasts a long time ago got shippers making a big move in this time window mar 16-17
9:48 AM wintonresearch got it for sure on ESEA and i also got that DRYS could see some major news/movement
9:49 AM wintonresearch very interested to see this play out
9:50 AM wintonresearch the last year has been tough for so many people, i just want everyone to make bank
9:50 AM wintonresearch and I think we’re in the kind of market where amazing things can happen
9:54 AM Flash G so many on watch now Curt you $LITE from swing is looking sexy
9:54 AM Flash G $LVS $TSLA and so many more.
9:55 AM MarketMaven M I’m pumped
9:57 AM Curtis Melonopoly looking at a possible $TSLA failure here soon… if it gets another 1% it’s likely gone north but if not its south imo
10:09 AM Curtis Melonopol y$GLAD on fire here
10:09 AM Curtis Melonopoly1.65 up 77% new HOD
10:10 AM wintonresearch i think my bullish $DRYS prediction is going to play out
10:12 AM wintonresearch 188 DRYS
10:13 AM MarketMaven M yes
10:14 AM Flash G I can’t trade any of this but I am encouraged for the big swing opportunities I’m studying charting
10:15 AM MarketMaven M thats cause you trade “real stocks” mainly haha
10:15 AM MarketMaven M going long $DRYS or $GLBS soon
10:16 AM Flash G Curts got it up I’m in $UGAZ today
10:16 AM MarketMaven M oh right
10:16 AM Flash G and my swings
10:18 AM Flash G Curt your swing list has been added to mine its solid
10:18 AM wintonresearch i know many are looking for daily snipes but if I’m right i get the shippers are going to trend higher over the next month
10:18 AM wintonresearch and it will be spectacular
10:19 AM Curtis Melonopoly that’s very very possible peeps
10:19 AM Curtis Melonopoly Nicholas you been saying it for some time
10:19 AM wintonresearch and it makes sense, we still have low rates and inflation can boost these commodities
10:19 AM Flash G I swing trade mostly Nich but some sniping
10:19 AM wintonresearc heven higher
10:19 AM Flash G agree
10:19 AM wintonresearch some of each is good Flash ?
10:20 AM wintonresearch i made a joke about DRYS hitting 100 again on Twitter
10:20 AM wintonresearch hey positive visualization
10:21 AM MarketMaven M going long $DRYS when that Stoch RSI of Curts there is at bottom
10:22 AM MarketMaven M $IPDN pump interesting too
10:23 AM Flash G New open 10% sizing in $AAPL to test the water. Long.
10:24 AM Flash G Also may open transports long.
10:25 AM wintonresearch okay interesting i think we may see things lull a bit and then run in last 2 hours today
10:35 AM MarketMaven M $RSGE 1 for 12 split effective tomorrow
10:37 AM Curtis Melonopoly OK peeps gotta go in to meetings and then algo lab and swing trade work etc so enjoy your afternoon and be smart:) listen to the pros in here
10:37 AM MarketMaven M lol ok catchya later curt
10:39 AM Flash G bye curt
10:40 AM Curtis Melonopoly I’ll still have trading room on phone in case something shakes fyi
10:40 AM MarketMaven M k
10:40 AM MarketMaven M I never entered $DRYS
10:41 AM Flash G I see why you’re thinking $TSLA may fail soon Curt – reviewing chart
10:44 AM Curtis Melonopoly oh ya if u need anything shoot me a DM
10:44 AM MarketMaven M k
10:56 AM MarketMaven M Long $DRYS 1.90
10:56 AM Flash G I’m in on it too with ya lol
10:58 AM MarketMaven M It might not work if not I will close and maybe renter
10:58 AM Flash G yepp
11:05 AM luisvelo hola a todos
11:09 AM MarketMaven M hey
11:09 AM MarketMaven M hows luis?
11:10 AM Flash G hy luis
11:31 AM luisvelo visualisation stinks, at least for now, and I’m not able to hear anything
11:32 AM luisvelois just me or is a feature?
11:38 AM Mathew w no one’s on the mic currently so you won’t hear anything
11:45 AM Curtis Melonopoly?
11:49 AM Curtis Melonopoly $ROKA 53 week lows lol pumpers were just on this days ago
11:51 AM Curtis Melonopoly market looks like rotation today to me
11:52 AM Mathew w yepp rotation all around
11:52 AM Mathew w Also seems like pops getting sold quickly on most quick movers as well
12:04 PM Curtis Melonopoly yup
12:09 PM MarketMaven M Our $DRYS play looking good Flash
12:09 PM Flash G.will be interesting
12:10 PM Flash G gut feeling says it will run over next week at most
12:10 PMFlash Gsmall casino play for me as Curt says
12:11 PM MarketMaven M yeah
12:12 PM MarketMaven M I think you guys are right about studying the swing charts.
12:14 PM MarketMaven M Don’t think market will do much this afternoon – they’ll likely ramp $SPY soon and it will be a restart for morning.
12:17 PM Curtis Melonopol yyup
12:25 PM MarketMaven M I’m going to go do some chores and study see you tomorrow
12:25 PM Flash G bye mm
12:41 PM wintonresearch ciao mm
12:41 PM wintonresearch my signals indicate we should see a lot of movement in SPY tomorrow
12:42 PM wintonresearch i think higher- but can’t confirm just yet
12:42 PM wintonresearch but i get we are likely to see a large magnitude move in the first two hours tomorrow in SPY
12:43 PM wintonresearch guess we’ll have to wait and see ?
12:44 PM Curtis Melonopoly?
1:25 PM MarketMaven M GoPro upgraded from Sell to Neutral at Citi $GPRO
1:26 PM MarketMaven M $SFM $MTL on scanner
1:28 PM Flash G I’m studying a short on $PNRA top of channel expected to fail b/o
1:36 PM MarketMaven M $GPRO looks like it could gap tomorrow
1:36 PM Mathew wnap time over here but VRX making some moves. This should grind until it strikes a short nerve for explosion. That should happen in the next $1 upwards imo
1:42 PM MarketMaven M early Christmas $VRX
1:42 PM Flash Glol
1:42 PM Flash G $STUDY
1:43 PM MarketMaven M zzzzz
1:47 PM Mathew w Alright, that’s all for me. Off to take a nap or something. See yall in the AM
1:50 PM Curtis Melonopoly cya
1:54 PM Curtis Melonopoly $TOPS popping
1:59 PM Curtis Melonopoly have a great night.
2:01 PM wintonresearch ciao Curtis
2:01 PM wintonresearch thanks for your kind words
2:18 PM MarketMaven M bye guys
2:19 PM Flash G outta here
2:19 PM Curtis Melonopoly see ya
Be safe out there!
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Article Topics: $TOPS, $ORCL, $GLBS, $INNL, $SINO – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM, $DRYS, $BLTG – $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