Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday Feb 28, 2017; $LIFE, $WTW, $UWT – $BSTG, $ONTX, $DUST, $VRX, $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:
https://twitter.com/CompoundTrading/status/836917297809805313
https://twitter.com/CompoundTrading/status/836916969609678849
We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expect to have posted to Youtube by Mar 5, 2017.
Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:
Tuesday was another calm day for my trading. I traded $WTW and $KITE in morning one for a loss and one for a win and closed my $UWT swing.
Momentum / Note-able Stocks Today (via FinViz):
| Ticker | Last | Change | Volume |  |
Signal |
| KITE | 70.77 | 24.53% | 9709500 | Top Gainers | |
| LXU | 10.87 | 22.96% | 2575800 | Top Gainers | |
| PBMD | 2.93 | 22.59% | 1210300 | Top Gainers | |
| AAC | 9.17 | 20.82% | 417300 | Top Gainers | |
| CRSP | 23.73 | 18.95% | 163800 | Top Gainers | |
| GRAM | 2.90 | 18.85% | 2253500 | Top Gainers | |
| NTRI | 46.50 | 18.62% | 2087400 | New High | |
| IPDN | 13.20 | 14.78% | 514300 | New High | |
| PRIM | 24.86 | -2.47% | 577782 | New High | |
| KITE | 70.77 | 24.53% | 9709500 | New High | |
| LMIA | 13.76 | 0.07% | 89300 | Overbought | |
| MASI | 90.36 | 0.19% | 1246600 | Overbought | |
| BSWN | 23.16 | 0.04% | 915083 | Unusual Volume | |
| BASI | 1.62 | 9.46% | 14931800 | Unusual Volume | |
| ROX | 1.04 | 42.49% | 14034353 | Unusual Volume | |
| SBY | 21.53 | 18.49% | 14606200 | Unusual Volume | |
| AMBA | 58.95 | -1.39% | 1738100 | Upgrades | |
| AAMC | 70.30 | -1.13% | 9727 | Earnings Before | |
| ALQA | 0.49 | -1.98% | 284239 | Insider Buying |
Stocks, ETN’s, ETF’s I am Holding:
I am holding (in order of sizing – all moderately small to micro sizing) $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM, $USRM (this is the daytrading portfolio and does not represent swing trading service portfolio):
Trading and The Markets Looking Forward:
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:
Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
Per recent; Gold and Miner’s are both at what we consider key resistance.
Silver $SLV:
Per recent; Silver is at what consider key resistance.
Crude Oil $USOIL $WTI:
Per recent; Crude oil continues to threaten a key support and resistance 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:
Per recent; Volatility continues its flat line.
$SPY S&P 500:
Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”
Natural Gas:
Watch 2.44 – 2.57
$NG_F $NATGAS $UGAZ $DGAZ $UNG range to watch. https://t.co/xDTcrUqyiG
— Melonopoly (@curtmelonopoly) February 27, 2017
$NG_F $NATGAS $UGAZ $DGAZ $UNG https://t.co/pZ0tyXYvR5
— Melonopoly (@curtmelonopoly) February 27, 2017
Momentum Trades:
Per recent; As noted above, the low float micros and small cap issues continue in momo.
Swing Trading:
Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.
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.
Announcements in room:
08:52 am Curtis M : Protected: PreMarket Trading Plan Tues Feb 28 $ROX, $SBY, $LIFE, $TEUM, $UGAZ, $GDX, $NUGT https://compoundtrading.com/premarket-trading-plan-tues-feb-28-rox-sby-life-teum-ugaz-gdx-nugt/ … Password: PREMARKET022817
Transcript:
08:47 am Sandra Q : For Curt: Protected: PreMarket Trading Plan Tues Feb 28 $ROX, $SBY, $LIFE, $TEUM, $UGAZ, $GDX, $NUGT https://compoundtrading.com/premarket-trading-plan-tues-feb-28-rox-sby-life-teum-ugaz-gdx-nugt/ … Password: PREMARKET022817
08:52 am Optionsavvy . : gm
08:53 am kevin d : morn 🙂
08:53 am Sandy S : top of the day – wow Target!
08:54 am Optionsavvy . : I will be watching / evaluating INNL long pos today from yest trade posted on twtr. looking to sell into any spike
08:57 am Optionsavvy . : also looking to sell IBB into 300.30 res
08:58 am darnel t : Looking to close $IBB also
08:59 am Optionsavvy . : sorry. no current pos on IBB . looking to short it at that pt
09:01 am Flash G : would like to see b/o in miners for a nice add
09:01 am Optionsavvy . : BAC another one I am looking to short
09:02 am Optionsavvy . : VRX taken to the woodshed in pre
09:04 am Sandra Q : S&P -0.1%.10-yr +0.02%.Euro +0.09% vs. dollar.Crude -0.89% to $53.57.Gold -0.19% to $1,256.35.
09:05 am lenny e : Apple target increased to $151 at UBS
09:10 am MarketMaven M : Amarin revenues up 59% in FY16; shares up 3% premarket $AMRN
09:12 am darnel t : Target gest rocked https://www.thestreet.com/story/14017794/1/target-gets-rocked-by-the-harsh-new-realities-in-retail.html?puc=yahoo&cm_ven=YAHOO
09:18 am Mathew Waterfall : Inflation adjusted down, home prices beat. Letting this open play out looking for bounces across the board
09:20 am Sandra Q : Starting $IONS L pos here
09:22 am Curtis M : Guys, just started a telconference – if not done b4 open I’ll be in chat with trades – conferences continue until Friday fyi
09:23 am Curtis M : Looking mainly at $LIFE
09:23 am Curtis M : $NUGT Miners and $NATGAS
09:25 am Mathew Waterfall : yesterday was hardcore market maker shake out and stop run. Miners should reclaim most of that early in the session IMO
09:25 am Sandra Q : Silver watch for me
09:27 am lenny e : Long start $JNUG
09:28 am kevin d : $SLW add
09:30 am MarketMaven M : L $LIFE
09:31 am MarketMaven M : who shit
09:31 am MarketMaven M : lol oops
09:31 am darnel t : L nugt
09:32 am Curtis M : vol off on $LIFE
09:33 am Sandy S : $rox LOL
09:33 am Curtis M : L $LIFE
09:34 am Curtis M : 4.38 5500
09:34 am kevin d : in some too $LIFE
09:35 am Sandy S : I am too but stop tight
09:37 am darnel t : stopped
09:37 am darnel t : in $LIFE I was stopped for 7 cent loss
09:41 am Curtis M : Long $WTW 2000 14.01 avg
09:42 am Curtis M : $LIFE holding
09:44 am Sandra Q : $WTW who knew lol in with ya 14.12
09:46 am Curtis M : Sold $WTW 14.72
09:46 am Sandra Q : Out too
09:50 am darnel t : Long $TUEM
09:52 am MarketMaven M : darnel $TUEM looks like it could rocket – doing DD
09:53 am Sandy S : In $BASI also small
09:54 am Sandra Q : Timing $X not easy but there’s margin in there Curt
09:54 am Mathew Waterfall : $vRX putting in crazy moves both ways here
09:54 am Curtis M : Just focused on geting out of $LIFE lol
09:55 am Curtis M : Looking for opportunity to ht it one more time hard and spike and bail is plan
09:55 am Curtis M : If $LIFE loses 100 day on 1 I’m out
09:57 am MarketMaven M : $VRX is a traders stock
10:01 am kevin d : $USRM got me a break out day on microcap
10:04 am Curtis M : Chipping in buys at 4.00 ish and will cut soon if t fails $LIFE
10:04 am Sandra Q : lol risky
10:05 am MarketMaven M : can be done but you need a pop – good luck!
10:06 am MarketMaven M : dont try this at home kids lololol
10:06 am lenny e : yup
10:07 am lenny e : $KITE halt and resumptin at 10:25 I think fyi
10:08 am Curtis M : lol lvl 2 on $LIFE there wow roll out
10:08 am darnel t : ya seen that
10:09 am Curtis M : big bumps starting right here, do or die
10:11 am Sandy S : watching $FCX
10:12 am Curtis M : cst avg 4.21 now… ugh just need a pop
10:12 am Sandra Q : might work
10:13 am Sandra Q : 100 day on 1 looks like intra res tho
10:13 am Sandra Q : stoch rsi almost at top u may may wanna jump next 1 min candle
10:14 am Curtis M : waiting for 2nd 1min for 1 complete 5 here
10:15 am Sandra Q : your chip on that load won’t be fluid fyi
10:16 am Sandra Q : jump here
10:19 am darnel t : $ETRM $DRYS jig
10:21 am darnel t : $PPHM too
10:24 am Curtis M : $OVX doesn’t look great may have to close $UWT
10:25 am Mathew Waterfall : $XOM shwoing some weakness as well
10:25 am Mathew Waterfall : usd/jpy making new lows
10:26 am darnel t : $KITE open 79.00 fro 56.83 ola
10:26 am darnel t : sorry 78
10:36 am Flash G : $BNXO pop
10:36 am Flash G : $BNSO
10:37 am Optionsavvy . : SGY one of my oil favs a lil perky today
10:37 am Optionsavvy . : decent RR on SGY with a stop just below
10:39 am Sandra Q : ya like the $SGY idea
10:54 am Flash G : Oil sitting right on that support intra wonder if I should long it here with a tight stop???
10:55 am Curtis M : thinking about closing
10:55 am Curtis M : not sure
10:55 am Mathew Waterfall : Big $USO put orders this AM as well
10:55 am lenny e : Oil Miners Metals likely to be decided today with Trump talk etc
10:56 am Curtis M : yup
10:56 am Curtis M : tough call
10:57 am lenny e : and natty seems to be at decision along with usdjpy too
10:57 am Curtis M : yu
10:57 am Curtis M : yup
10:58 am Sandra Q : Trump trade d day lol
10:58 am Mathew Waterfall : on the mic\
10:58 am Curtis M : kk
10:59 am MarketMaven M : best time of day 🙂
11:00 am kevin d : MM Mat always puts it in perspective:)
11:01 am Flash G : helps ha
11:01 am Flash G : I’m going to try a long CL tight stop
11:02 am Sandra Q : I’ll go with ya Flash small for good vibes
11:07 am Sandra Q : Thanks Mat
11:07 am darnel t : ya Mathew peace
11:07 am Mathew Waterfall : you bet. back in a few
11:07 am Sandy S : Long $CRM swing into ER
11:07 am Curtis M : k
11:08 am kevin d : Closing my corn long – yes corn, I am a corn trader lol
11:09 am darnel t : My $CELG swing going well
11:10 am Curtis M : Closed $LIFE 3.99 loss
11:11 am Curtis M : Closed $UWT swing nice gain
11:12 am Optionsavvy . : SGY fade ugh this tape is fun 😐
11:12 am Sandra Q : CL ugh
11:13 am Sandra Q : out small loss
11:13 am Sandra Q : we’ll see if that trendline marked (white dotted) holds
11:14 am Sandra Q : Here’s Curt’s SMS / Email alert for those that didn’t get it: Close $UWT multi week swing with adds for gain. Closed $LIFE daytrade 3.99 for loss.
11:18 am kevin d : new to room…. like the transparency
11:19 am kevin d : and… seems like there’s some depth here… not flash
11:19 am Sandra Q : welcome kevin!
11:21 am Sandra Q : ya… Kevin… I can tell you that curt and crew are finishing algos this week for final publication on weekend along with a bunch of videos that explain everything so you’ll want to review that on weekend – then they have a press run in March on it all
11:22 am kevin d : curious to see if oil will hold here
11:22 am kevin d : thanks sandra
11:25 am MarketMaven M : looks like a breach on deck
11:25 am Optionsavvy . : shippers all over my scans
11:27 am Optionsavvy . : scan is built on relative vol fwiw
11:27 am Flash G : love trading shippers
11:37 am Sandra Q : looks like lunch
11:37 am lenny e : yup
11:38 am Mathew Waterfall : Maybe after the state of the union and new month tomorrow things will move again
11:38 am MarketMaven M : i do believe so
11:41 am Flash G : nap
11:41 am Sandy S : lol
11:44 am Sandy S : $CBio going well
11:49 am Mathew Waterfall : Whoa. Snap IPO might include a 1 year lock up. Just saw that rumor. 1 year lock up and no voting rights? These guys are clowns
11:49 am Sandra Q : yup
11:53 am Flash G : $TGT curl but too risky imo
12:04 pm Flash G : $CBIO continuation
12:13 pm MarketMaven M : $NFLX lmao
12:14 pm MarketMaven M : add $UGAZ
12:14 pm MarketMaven M : moar
12:16 pm Mathew Waterfall : Still like natty. That double bottom down at 2.52 was a tell for me but the way it trades we could be right back there tomorrow
12:24 pm Sandy S : I’ll try a long on this $SIG wash-out tight stop here we go
12:26 pm MarketMaven M : Ya why not Sandy…. bored… in with you tight stop
12:26 pm Mathew Waterfall : Hold on. Things finally getting flush like out here
12:27 pm Mathew Waterfall : bit 1165 TICK to the downside
12:27 pm Mathew Waterfall : *big
12:27 pm MarketMaven M : ya watching $UVXY here!!
12:37 pm MarketMaven M : i sold for 20 cent loss btwsmall order lol cost lunch
12:38 pm Sandy S : ya down lunch too lololol
12:38 pm Sandy S : shit
12:38 pm Sandy S : looking at brokkers wow and VRX THC wow
12:57 pm lenny e : BTFD lol
01:01 pm Mathew Waterfall : Not much power in the buys right here as of yet. Ticks and breadth aint buying it
01:22 pm Sandy S : Blocks on $FTR on watch
01:22 pm Sandy S : Also $FOLD action looking decent
01:42 pm MarketMaven M : Curt, hate to say it, but you sold early.
01:46 pm Optionsavvy . : I’d be shocked if they didnt push IBB at least another .50 higher
01:46 pm lenny e : Seems “managed markets” is the theme today
01:47 pm Optionsavvy . : IBB prev high was 301.80 on 9/23 but doesnt need all of it just to last caught buyer of size
01:49 pm darnel t : looks like oil is good for another BTFD round wow
01:49 pm Curtis M : yup
01:50 pm Curtis M : range is getting tighter though
01:50 pm Mathew Waterfall : It was based off of comments that they weren’t going to make any ethanol reg changes
01:51 pm Curtis M : yup the comments always come when chart cracks appear – crazy
01:51 pm Mathew Waterfall : managed beyond belief right now. I wish I was flat to be honest this market is stupid right now
01:52 pm Curtis M : crazy
01:52 pm Curtis M : lol
01:52 pm Mathew Waterfall : The more it gets propped up, the larger the reaction that will happen when things let go. The spring is wound tight
01:53 pm Curtis M : oh yeah
01:53 pm lenny e : where’s eric l? APXflow lol bring un the bears!
01:53 pm Sandra Q : he not here today
01:56 pm kevin d : chart was broke on oil?
01:57 pm Curtis M : yup a support trendline (blue)
01:57 pm Curtis M : and at diagonal white trendline
01:57 pm Curtis M : so yup broke twice
01:58 pm Curtis M : last time that happened they came with news also anf it magically repaired
01:58 pm Curtis M : and then its an unatural queeze – so I should learn – bank on the news when the chart breaks with the unnatural squeeze
01:58 pm Curtis M : sad
01:59 pm kevin d : wow ya i just looked back i get it wow wow ya
01:59 pm kevin d : i get the crazy comments now
02:00 pm kevin d : i guess its btd until they let it go
02:00 pm Curtis M : yup
02:09 pm Sandra Q : Curt, about that “tell” on your Twitter feed re: Miner’s and Gold… comments today?
02:09 pm Curtis M : when it picks a direction here either way I am all in lol
02:11 pm Sandra Q : thanks:)
02:12 pm Sandy S : I’ll have to take a look at that tweet
02:18 pm Mathew Waterfall : Some bear flow starting in $SPY. Been a quiet day on the options side. Nothing sticking out for me really other than SPY puts and some $VXX calls
02:22 pm Carol B : Two small gambles here; Long $FOLD starter and long $XIV starter $FOLD ER
02:25 pm MarketMaven M : 2 police officers have been shot in southwest Houston; no word on their conditions – official
02:30 pm darnel t : $KITE rip awseome – I knew it ha
02:38 pm Mathew Waterfall : MOC looking almost a bil to the sell side. Early but not a surprise to see some more selling there
03:05 pm Curtis M : soooo not in to this – will be in office but not in front of screens unles scanners go off – yes, for those who asked we stopped publishing anything public yesterday at all until after this current market decision to respect Gold Silver DXY etc subs – I’ll be here if u need anything – just going to get some paperwork done – we have huge algo reports to complete and vids hopefully by tonight so back at them for now
03:07 pm Mathew Waterfall : That makes two of us. I’m not even really looking at the charts, getting some other stuff done. Don’t really care how we close today all about ON and tomorrow at this point
03:13 pm Sandra Q : I think tomorrow might be ok action
03:30 pm Mathew Waterfall : MiM looks to be coming off a bit
03:37 pm Sandra Q : in $USRM some couldn’t resist on Curt’s tweet lol $USRM 122% EOD HOD lol kool aid fun
03:37 pm Curtis M : funny
03:38 pm Curtis M : ok i’ll come small
03:38 pm Curtis M : small risky wont even alert it
03:38 pm kevin d : ha ha
03:38 pm kevin d : bored titans
03:39 pm lenny e : actually it could run tomorrow again for sure 🙂
03:39 pm lenny e : crazy times
03:39 pm lenny e : look at $OWCP
03:44 pm Curtis M : $PBMD patent news
03:51 pm Mathew Waterfall : See ya tomorrow. If we open flat Im going to go back to bed lol
03:51 pm Curtis M : kk
03:52 pm Curtis M : yup
03:52 pm kevin d : 🙂
03:52 pm Leanne Arnott : hoping for more action tmr for this trader-in-training!
03:53 pm Sandra Q : ya
03:53 pm Sandra Q : they got big reports coming tonight leanne so that will be good for training 🙂
03:53 pm Sandra Q : talked to curt bout it
03:54 pm lenny e : nite all
03:54 pm Leanne Arnott : looking forward to those
03:55 pm kevin d : $USRM closing strong
Be safe out there!
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Article Topics: $LIFE, $WTW, $UWT – $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