Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Wednesday March 8, 2017; $OCRX, $DRYS, $WTIC, $AKG – $DRYS $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.
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Notices:
https://twitter.com/CompoundTrading/status/839372151274647552
Per previous;
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.
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Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:
In play today in chat room; $OCRX, $DRYS, $WTIC, $AKG
Very slow day for me. Small premarket win in $OCRX, small entry in $DRYS end of day, $AKG on watch and Crude Oil tanked hard.
Momentum / Note-able Stocks Today (via FinViz):
| Ticker | Last | Change | Volume |  |
Signal |
| DRYS | 1.59 | 25.20% | 42997920 | Top Gainers | |
| GBT | 34.25 | 21.02% | 14129800 | Top Gainers | |
| MYOS | 3.35 | 19.64% | 4114300 | Top Gainers | |
| PLCE | 118.15 | 18.27% | 4564400 | Top Gainers | |
| QUIK | 2.17 | 16.67% | 1416400 | Top Gainers | |
| NMM | 2.25 | 16.58% | 2352400 | Top Gainers | |
| GBT | 34.25 | 21.02% | 14129800 | New High | |
| QUIK | 2.17 | 16.67% | 1416400 | New High | |
| GPRK | 6.18 | -0.16% | 133210 | New High | |
| MOMO | 34.19 | 13.97% | 14876300 | New High | |
| MASI | 94.18 | -0.15% | 968600 | Overbought | |
| CLM | 16.29 | -0.06% | 499900 | Overbought | |
| AUXO | 4.28 | 14.44% | 1616875 | Unusual Volume | |
| PRKR | 2.81 | 8.49% | 16463300 | Unusual Volume | |
| HYLB | 50.37 | -0.92% | 282900 | Unusual Volume | |
| ROIAK | 2.45 | -7.55% | 1564121 | Unusual Volume | |
| CCI | 90.61 | -0.97% | 2161300 | Upgrades | |
| BCLI | 4.03 | 3.60% | 83727 | Earnings Before | |
| KBR | 14.45 | -0.89% | 2118800 | 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, $DRYS, $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:
As above crude oil tanked hard. Gold, Silver are off and on watch. US Dollar threatening a break-out. $SPY calm and $VIX calm.
Recent notes in post market reports that still apply,
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:
Watching downside supports for failure or not.
Silver $SLV:
As above with Gold, watching now.
Crude Oil $USOIL $WTI:
As above, tanked hard Wednesday and watching now.
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
Natural Gas:
NA – watching.
Momentum Trades:
$OCRX in premarket with small win and $DRYS at market close. Very slow day.
Swing Trading:
NA
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.
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.
6:16 AM MarketMaven M mornin
6:16 AM Flash G hey maven
6:19 AM MarketMaven M $PRKR, $BIOC, $SHIP, $HTBX, $HEAR
6:27 AM MarketMaven M PetroQuest Energy -9% premarket after wide Q4 earnings miss #premarket $PQ
6:28 AM MarketMaven M Vera Bradley -13.6% post Q4 results
6:29 AM MarketMaven M US private sector created 298K jobs in Feb. vs. 190K est.: ADP
6:31 AM MarketMaven M Upgrades: $IPXL $WFT $OMC $EVH $NAV $BXE $SWKS $CCI $MIK $UDR $AVB $VOD
6:40 AM MarketMaven M $ABEO Receives Orphan Drug Designation in the EU for EB-101 Gene Therapy Clinical Trial for Epidermolysis Bullosa
6:48 AM Curtis Melonopoly Long $OCRX .088 starter
6:48 AM MarketMaven M in with ya curt
6:51 AM Curtis Melonopoly nice jump
6:51 AM Curtis Melonopoly stop set at flat fyi
6:52 AM MarketMaven M y ame too its premarket
7:00 AM MarketMaven M we’re going to get stopped lol
7:01 AM Flash G maybe not
7:04 AM
Compound Trading PreMarket Trading Plan Mar 8 $OCRX, $PRKR, $BIOC, $SNAP, $DUST, $UGAZ LINK: https://compoundtrading.com/premarket… PASSWORD: PREMARKET030817PM
7:08 AM Curtis Melonopoly out .91 small gain don’t want to hold at open $OCRX
7:08 AM MarketMaven M holding
7:08 AM MarketMaven M Curt you guys stop sending freebie’s on algos?
7:09 AM Flash G ya they did MM – commercial contracts
7:13 AM MarketMaven M out flat
7:14 AM MarketMaven M Watching $BIOC too
7:20 AM Flash G fairly quiet imo
7:25 AM Flash G ugh lol
7:25 AM Mathew w Was really hoping for some follow through after the past 2 days. More chop and grind higher it looks like
7:25 AM Mathew w Low floats look to be on the board as well
7:27 AM Curtis Melonopoly on mic let me know if there’s any feedback etc
7:28 AM wintonresearch probably covered by you already but funny how UGAZ chart now resembling November’s action
7:28 AM wintonresearch off the bottom
7:30 AM Mathew w Yea natty looks constructive. Charting leveraged ETFs doesn’t’ work well though
7:35 AM MarketMaven M $XTNT jig
7:38 AM MarketMaven M ss $MYOS
7:38 AM wintonresearchpenny MJ $UBQU still looking good
7:41 AM wintonresearch $UUUU above 50 dma
7:41 AM wintonresearch after nice bounce yesterday
7:55 AM Curtis Melonopoly Oil report on deck 10:30. going to make a coffee run some scans and be back for report. After oil I’ll take a look at #Gold #Silver $DXY $SPY $VIX #OIL
7:56 AM Curtis Melonopoly like the look of $GOOGL chart fyi
8:14 AM MarketMaven M $SPEX maybe
8:14 AM MarketMaven M But waiting for oil report in 15 likely best idea\
8:25 AM Curtis Melonopoly oil in 5 mins
8:29 AM Curtis Melonopoly here we go
8:31 AM Curtis Melonopoly decent action here in oil
8:36 AM MarketMaven My up nice spike no trade for me tho
8:39 AM Curtis Melonopoly Back in a bit to run SPY VIX Gold Silver DXY OIL charts
8:45 AM MarketMaven M?
10:15 AM MarketMaven M thats one crazy trade chart lol
10:20 AM Curtis Melonopoly lol yup
11:52 AM MarketMaven M Getting ready to long oil
11:52 AM Flash G lololo
12:10 PM MarketMaven M $XLE on 200 DMA
12:12 PM Curtis Melonopoly it’s actually south of the 200 MA $XLE
12:12 PM MarketMaven M yes i know
12:13 PM Curtis Melonopoly $AKG was a decent morning play 3.43%
12:17 PM MarketMaven M thoughts on oil curt?
12:17 PM Curtis Melonopoly I will review in a few min all of em
12:17 PM Curtis Melonopoly sorry busy day around here this morning
12:19 PM Curtis Melonopoly I’m looking at a long 49.59 ish
12:30 PM MarketMaven M $TVIX start to jig
12:33 PM Flash G looks like it may have found interim bottom here
12:46 PM Curtis Melonopoly Maven… sorry meant to say north of 200 MA $USOIL $WTI…. chart up fyi
12:47 PM MarketMaven M why you thinking 49.59 then?
12:47 PM Curtis Melonopoly for a long that’s just the line in the sand from a math perspective 60 months back tested
12:48 PM Curtis Melonopoly 200 MA at 48.70 is though
12:49 PM Curtis Melonopoly oh wait we were taking about $XLE not $US OIL earlier lol whoa wake up curt
12:49 PM MarketMaven M haha yepp
12:49 PM Curtis Melonopoly ya $XLE math not consistent
12:50 PM Curtis Melonopoly there’s a reason we $USOIL $WTI … math lol
12:51 PM wintonresearch there’s a good article on commodities that I just posted on my Twitter stream
12:52 PM wintonresearch from Frank Holmes
12:57 PM Curtis Melonopoly I’ll check it out
1:03 PM MarketMaven M $EYES serious sizing starting
1:05 PM MarketMaven M why $EYES even up? news?
1:09 PM Curtis Melonopoly $EYES has earnings on deck tomorrow I think
1:09 PM MarketMaven M oh thats it lol?
1:09 PM Curtis Melonopoly not sure if there’s more
1:16 PM MarketMaven M Long $UWT 20.34 starter
1:16 PM Curtis Melonopoly GL!
1:18 PM Curtis Melonopoly $VRX rock n roll
1:19 PM wintonresearch $AKG rising
1:20 PM wintonresearc hwhen you see commodities like platinum, oil, silver all most oversold in a long time you know you are nearing a major turning point
1:20 PM MarketMaven M Look at the volune in crude last 30 – 45 mins
1:20 PM MarketMaven M i agree
1:32 PM Curtis Melonopoly sorry guys haven’t had a minute here today to review anything
1:32 PM MarketMaven M no prob very calm day no set – ups of value yet imo
1:33 PM Flash G see it smilar …. $AKG good call by Nich however
1:33 PM MarketMaven M true true
1:35 PM Curtis Melonopol y$MGTI getting some volume
1:40 PM Flash G $DRYS action
1:50 PM MarketMaven M Pops: $DRYS +5.6%
1:53 PM Curtis Melonopoly $DCIX now
1:56 PM Curtis Melonopoly long $DRYS
1:58 PM Curtis Melonopoly small starter
2:00 PM MarketMaven M catch ya tomorrow guys
2:00 PM Flash G see ya
2:00 PM Curtis Melonopoly peace
Be safe out there!
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Article Topics: $OCRX, $DRYS, $WTIC, $AKG – $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM, $DRYS – $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