Compound Trading Wednesday May 10, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $MTBC, $BRNE, $USOIL, $WTI, $LITE, $AMZN, $XRT – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).
Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.
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:
Members. News About our Oil, Swing Trading, SPY, Gold, and Alerts packages!
https://twitter.com/CompoundTrading/status/861573420613603328
Wednesday was day eight of trading challenge.
We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …
https://twitter.com/CompoundTrading/status/858581529727049730
Last market trading session Post Market Stock Trading Results can be found here:
Stock Trading Results Tues May 9. Day Seven: 2 Wk Trading Challenge $CLNT, $UWT, $USOIL,
https://twitter.com/CompoundTrading/status/862232244500406272
Most recent Premarket Trading Plan Watch-list can be found here (locked to respect members and unlocked to public about a week later for transparency):
Protected: PreMarket Trading Plan Wed May 10 $JASO, $FSLR, $MNKD, $ARGS, $PRTO, $MTBC, $NVDA, $TRIP
https://twitter.com/CompoundTrading/status/862290542788562944
Please note, for the next while, you will have to review the raw trading room footage to catch Premarket Chart Set-Ups, Market Open Trades, Intra-day Trades and Mid Day Chart Set Ups. Our staff time is being utilzed up for other components of the platform and we also are producing the high quality learning library for our premium members. Once done, we’ll return to publishing the segments daily.
Most Recent Public Swing Trading K.I.S.S Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER
https://twitter.com/CompoundTrading/status/853551912599400448
Premarket Session:
$PRTO Premarket up 57% on FDA approval #premarket
$PRTO Premarket up 57% on FDA approval #premarket pic.twitter.com/5EiYbVwKit
— Melonopoly (@curtmelonopoly) May 10, 2017
Premarket Action Jasckson: $PRTO $MNKD $ONCS $ARRY $AMF $NVDA
Premarket Action Jasckson: $PRTO $MNKD $ONCS $ARRY $AMF $NVDA
— Melonopoly (@curtmelonopoly) May 10, 2017
Morning! Premarket member chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders
Morning! Premarket member chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://t.co/d1TrWCgBiP #freedomtraders
— Melonopoly (@curtmelonopoly) May 10, 2017
Market Day, Chat Room Trades and Personal Trades:
Today was all about EPIC’s massive price predicts being so on target in Oil and I took a morning momentum stock trade in $MTBC small size that worked out well and an OTC $MTBC that I meant to close for a profit and forgot all about it (again my office out of control busy lately). And of course the swing trade side continues to rock (there are some trades listed below in swing trading section) and the algorithms continue to crush it.
Curt M_1: 1000 $MTBC long 3.24
Curt M_1: Stop set 3.49
Curt M_1: closed 3.74 1000 $MTBC
Curt M_1: $BRNE is nuts lol – I took 1000.00 worth at .00265
$MTBC Decent market open momentum play 3.24 long and closed 3.74. #daytrading #stocks
$MTBC Decent market open momentum play 3.24 long and closed 3.74. #daytrading #stocks pic.twitter.com/yMym3eYQVZ
— Melonopoly (@curtmelonopoly) May 10, 2017
$BRNE Up 275% OTC – we’re in it to win it.
$BRNE Up 275% OTC – we're in it to win it. pic.twitter.com/Jgf0f0XC3b
— Melonopoly (@curtmelonopoly) May 10, 2017
Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:
Really hard for me not to say anything…. ugh…
$CBLI But they just told me to buy! buy! Sorry it could keep going lol but being aware of indicators helps too. 20 MA thru 200 could do it.
$CBLI But they just told me to buy! buy! Sorry it could keep going lol but being aware of indicators helps too. 20 MA thru 200 could do it. pic.twitter.com/QEfBSNrCA5
— Melonopoly (@curtmelonopoly) May 10, 2017
Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … #freedomtraders
Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://t.co/nf8mdGBvpT #freedomtraders
— Melonopoly (@curtmelonopoly) May 7, 2017
Momentum stocks. Learn when to buy, hold, sell, short. It’s more predictable than many think. How to use indicators.
Momentum stocks. Learn when to buy, hold, sell, short. It's more predictable than many think. How to use indicators. https://t.co/TEErRdgR15
— Melonopoly (@curtmelonopoly) May 7, 2017
If there’s anything I can do to help with your trading drop me a line on contact page or DM https://compoundtrading.com/contact/ #howto #trade #stocks
If there's anything I can do to help with your trading drop me a line on contact page or DM https://t.co/1CNAfDsAeI #howto #trade #stocks
— Melonopoly (@curtmelonopoly) May 8, 2017
Quick reminder! You can base hit to freedom. Some peeps needed to hear that:) ? Peace. #trading
Quick reminder! You can base hit to freedom. Some peeps needed to hear that:) 👊 Peace. #trading
— Melonopoly (@curtmelonopoly) May 10, 2017
Stocks, ETN’s, ETF’s I am holding:
Been holding these small bags wayyyy tooo long. I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (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 Momentum Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
ITUS | 1.70 | 47.83% | 822799 | Top Gainers | |
MNKD | 1.60 | 42.86% | 31894669 | Top Gainers | |
CUR | 3.99 | 36.18% | 438641 | Top Gainers | |
TEAR | 2.65 | 30.54% | 719786 | Top Gainers | |
AMTX | 1.47 | 30.18% | 666149 | Top Gainers | |
WAC | 1.48 | 27.59% | 2395335 | Top Gainers | |
PTIE | 4.64 | 587.54% | 122132 | New High | |
ESIO | 8.50 | 14.09% | 1270301 | New High | |
TTEC | 36.05 | 11.09% | 413316 | New High | |
EA | 108.16 | 12.65% | 11164622 | New High | |
IAC | 102.40 | 0.40% | 1475142 | Overbought | |
EA | 108.16 | 12.65% | 11164622 | Overbought | |
WSTC | 23.11 | -4.15% | 19739478 | Unusual Volume | |
PRTO | 1.60 | 23.08% | 4685954 | Unusual Volume | |
EARN | 14.50 | -5.35% | 1739783 | Unusual Volume | |
SSG | 17.25 | -2.49% | 170990 | Unusual Volume | |
AFH | 15.05 | 0.67% | 58134 | Upgrades | |
ACSF | 13.45 | 3.46% | 56802 | Earnings Before | |
NOW | 96.47 | -0.88% | 1210022 | Insider Buying |
Algorithm Charting News:
All our algorithms are doing well, but EPIC especially has been in the lime light lately.
Direct Target Hit to Exact Penny and Second. Predict 3 Days in Advance. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #EIA
https://twitter.com/EPICtheAlgo/status/862522265191170049
If you have an interest in oil trading or our algorithm charting you should really check out the raw video footage in the transcript section below and look up 10:30 AM on video #EIA report and check out that target hit that EPIC the Oil Algorthm called 3 days in advance – check out how oil SPIKED HUGE right in to the centre of the target to the exact second and time of day predicted three days in advance to members of EPIC.
Edge of seat situation with oil algorithm, OPEC and price action today #OPEC #OIL #OOTT $USOIL $WTI $CL_F
Edge of seat situation with oil algorithm, OPEC and price action today #OPEC #OIL #OOTT $USOIL $WTI $CL_F
— Melonopoly (@curtmelonopoly) May 10, 2017
Imagine having that kind of intelligence days in advance! Our members knew days in advance what conventional charting could never tell them – where oil would bounce.
Check out the timing of our lead traders $UWT trade today and tell us he didn’t know:) It is by the way, live on the raw trading room coverage in the video in the transcript section below. Transparent, no fool around, precision accuracy that NO retail available algorithm for oil can give you. No retail available algorithm or charting. None.
Support hit perfect, target hit, on way to next target. EPIC the Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
https://twitter.com/EPICtheAlgo/status/862220779957526528
Wowza. Live video of direct price and time target hit Wed 10:30 #EIA report. $USOIL $WTI #Algo #OIL #OOTT
Wowza. Live video of direct price and time target hit Wed 10:30 #EIA report. $USOIL $WTI #Algo #OIL #OOTT https://t.co/mqNh8T6QVb
— Melonopoly (@curtmelonopoly) May 4, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
$LITE MACD turned up after earnings with a pop and off 200 MA, SQZMOM green, vol, waiting for 20 MA breach 50 MA w price above. #swingtrade
$LITE MACD turned up after earnings with a pop and off 200 MA, SQZMOM green, vol, waiting for 20 MA breach 50 MA w price above. #swingtrade pic.twitter.com/FSKBehfRH0
— Melonopoly (@curtmelonopoly) May 10, 2017
$XRT swing trade going well. Holding from 41.67.April 10. 200 MA test. 20 MA breach 50 MA w price over 200 MA will add #swingtrading
$XRT swing trade going well. Holding from 41.67.April 10. 200 MA test. 20 MA breach 50 MA w price over 200 MA will add #swingtrading pic.twitter.com/Y3B9elqkqt
— Melonopoly (@curtmelonopoly) May 10, 2017
$AMZN Swing trade going well. Trading 952.45 in 822.74. May add at next pull back. #swingtrading
$AMZN Swing trade going well. Trading 952.45 in 822.74. May add at next pull back. #swingtrading pic.twitter.com/gTwOCuemf8
— Melonopoly (@curtmelonopoly) May 10, 2017
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD, $XAUUSD, $GC_F :
NA
Gold Miner’s $GDX:
NA
Silver $SLV:
NA
Crude Oil $USOIL $WTI:
Oil Prices Jump On Bullish Inventory Data, Saudi Export Cuts | http://OilPrice.com http://oilprice.com/Energy/Oil-Prices/Oil-Prices-Jump-On-Bullish-Inventory-Data-Saudi-Export-Cuts.html … #oilprice
Oil Prices Jump On Bullish Inventory Data, Saudi Export Cuts | https://t.co/8uM3eZ2UfT https://t.co/61ekRSFuAX #oilprice
— Melonopoly (@curtmelonopoly) May 10, 2017
The World’s Biggest Independent Oil Trader Has a Warning for OPEC
The World's Biggest Independent Oil Trader Has a Warning for OPEC https://t.co/LxQvuyAeTZ
— Melonopoly (@curtmelonopoly) May 10, 2017
A warning our members got days ago that is playing out as charted.
Be very careful here. oil regained bottom of the channel. EPIC Oil Algorithm charting May 9 642 AM FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT
Across #shale industry, drilling activity increasing even faster than it did in final stages of its first boom, up until 2014 @FT
Across #shale industry, drilling activity increasing even faster than it did in final stages of its first boom, up until 2014 @FT pic.twitter.com/GJn2J5wZnL
— 13D Research & Strategy (@WhatILearnedTW) May 9, 2017
Volatility $VIX:
The historical seasonal tendency is for $VIX levels to trend lower until around July
The historical seasonal tendency is for $VIX levels to trend lower until around July pic.twitter.com/Sb25W1SPro
— Topdown Charts (@topdowncharts) May 9, 2017
$SPY S&P 500 / $SPX:
NA
$NG_F Natural Gas:
NA
Markets Looking Forward:
#earnings $NVDA $VRX $DIS $JCP $PCLN $ACIA $TSN $ON $NTES $PLUG $KITE $TEVA $SNAP $AGN $NWL $TSEM $JD $HZNP $SYY ??
#earnings $NVDA $VRX $DIS $JCP $PCLN $ACIA $TSN $ON $NTES $PLUG $KITE $TEVA $SNAP $AGN $NWL $TSEM $JD $HZNP $SYY 🎯🚀 https://t.co/lRUHPnPhh5
— Melonopoly (@curtmelonopoly) May 7, 2017
TECHNICALLY SPEAKING: So goes oil prices, so goes earnings and the S&P 500.
TECHNICALLY SPEAKING: So goes oil prices, so goes earnings and the S&P 500. https://t.co/Cudq5ve4NI pic.twitter.com/qODEwLoz5b
— Lance Roberts (@LanceRoberts) May 9, 2017
Live Trading Chat Room Video Raw Footage and Transcript:
Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day).
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 *). 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).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.
quarryrock: good am
Deb: gm
Curt M_1: heh
Spiegel: Good morning everyone!
Deb: gm
Jack: morn
quarryrock: took a scalp on NVDA $113.75 in AH close exit $115.26
Spiegel: PRTO received breakthrough drug designation from FDA
Spiegel: Still holding my UCO calls so I’m very happy
quarryrock: took a bath on dis and yelp calls. yelp atrocious
Jack: nice play Spiegel
Spiegel: should have gambled on NVDA. Man did that ever soar
Jack: great timing
quarryrock: it sure did wow
Spiegel: Any close options on that wouldve at least tripled
Curt M_1: Oil at intra quadrant resistance (grey dotted)
Market Maven: HOLY EPIC CALL
Market Maven: good morning
Spiegel: morning Maven
Market Maven: I went long $UWT yesterday with EPIC on $UWT thinking of closing now
Market Maven: but it loks like its going after upper target
Market Maven: Curt why EPIC charts in here ?
Curt M_1: I got some flex on it MAVEN – a little not much tho
Spiegel: I have a similar dilema but I’m holding UCO calls so can’t sell until 9:30
Curt M_1: Once oil room opens no EPIC here lol
Spiegel: How about just to casually mention how much money we’ve made?
Curt M_1: Waiting on premarket to set up better before I get on mic – likely not till 7:20 ish pretty soft >>>>>>>>>>>>>>>>>>>
Curt M_1: haha
Curt M_1: brb
sfkrystal: yeah, i’d say it’s a pretty good advertisement
sfkrystal: if i were into oil, i’d be sold
OILK: spiegel did you get in oil yesterday where the support was on EPIC chart? I can’t recall
Flash G: yes he did
Flash G: lots of us did
Spiegel: I did, yes
Flash G: Curt can you move chart to support call by EPIC?
Curt M_1: yup
Curt M_1: where white arrow is
Curt M_1: brb
sfkrystal: what kind of percentages can you get? i don’t think i have enough capitol yet.
Market Maven: EPIC doesn’t lose…. seriously… but I think average trade is like 3.8% I would have to check
Market Maven: There’s a report coming out on last 7 months of trades in algo
Market Maven: Returns are crazy
quarryrock: look for KSS to gap down this am – then find $40 pin later today
Spiegel: In pennyland, AMLH has news. Hollywood Riviera Studios has signed on as an investor to provide non-dilutive financing to support the companies upcming eSports and gaming projects.
Carol: luv pennyland
Spiegel: it can be a magical place….or your worst nightmare
Spiegel: Just like the It’s a Small World ride as DisneyWorld
Curt M_1: Golden cross on $JASO FYI
Curt M_1: for swingers
Market Maven: YUGE day yesterday lets keep it rollin
Curt M_1: 10 – 4 on mic in 3 mins >>>>>>>>>>>>>>>>>
Curt M_1: on mic 9:21 >>>>>>>>>>>>>>>>>>>>>
Spiegel: thanks!
Spiegel: Might sell half at the open
Hedgehog Trader: very cool Curt
Hedgehog Trader: sounds fun
Hedgehog Trader: what could possibly go wrong?
sfkrystal: MNKD?
Hedgehog Trader: GDX moving
Curt M_1: 1000 $MTBC long 3.24
Curt M_1: Stop set 3.49
Curt M_1: closed 3.74 1000 $MTBC
sfkrystal: wow too fast for me missed it
Market Maven: i actually close 3.77 ha
Market Maven: got ya again curt
Hedgehog Trader: NAK up again
Hedgehog Trader: miners outperforming metals https://twitter.com/HedgehogTrader/status/862300974513356800
Market Maven: spiegel how was the oil trade? %?
Spiegel: AMLH up 6%. OK but no MTBC
Carol: $VRX decent trading here
Spiegel: Sold half +70%. Still holding other half
Market Maven: super!
Spiegel: and you?
Market Maven: i just held
Market Maven: hinking it tests upper resistance yet
Market Maven: bye bye VWAP
Carol: retail plays are doing well
Spiegel: For those not in, how about MTBC here?
Spiegel: BRNE is the penny play o the day
Spiegel: off a tweet I got from 9:35am est
Spiegel: when it was .001
Hedgehog Trader: $NUGT up 6%
Hedgehog Trader: $NAK +9.6%
Spiegel: Your charts are only a second slower than the tradingview charts on my desktop. So not much lag
quarryrock: in JWN
Spiegel: oil looks ready for another breakout
Spiegel: should have told you about BRNE earlier
quarryrock: took Kohls Cs +30%
Spiegel: thoughts on NVDa here after those great earnings? Still got some juice left for calls today?
quarryrock: out of jwn scalp +.31
Carol: $NVDA going to be fine long term I know that wow what a great company
Spiegel: I’m just playing the NVDA calls that expire Friday
Spiegel: bought during that dip to 16.50 range
Spiegel: I’ll be happy if it touches 120 today
Market Maven: The suspense
Spiegel: ….is killing me!
Market Maven: omg chewing my nails
Spiegel: I’ve developed a nervous twitch
Spiegel: have to pee so bad from being nervous
quarryrock: wow nice!
Flash G: oh my fuck
Spiegel: I took my 110%
quarryrock: curt were you long uwt?
Spiegel: No. UCO calls. @X oil etf
Spiegel: 2X
Spiegel: UWT doesn’t have calls
Spiegel: My first oil trade!
Spiegel: In the oil room, you think maybe UWT in the daytime and CL or QM futures in the after hours?
Spiegel: with futures you can never really relax. have to worry about margin calls
Spiegel: at least for me
Spiegel: If I had UWT I’d hold but with options expring Friday you get more nervous
Spiegel: I think with out of the money options expiring in a short time period, you could make an even higher % return than futures
Spiegel: When you go short oil I need to compare calls on DRIP, ERY and SCO vs. DWT stock.
Spiegel: left about 60% on the table by selling my UCO calls too early
Spiegel: 60% and climbing
OILK: Closed my $UWT from yesterday on Curt’s alert just now
Curt M_1: Nice job OILK
Spiegel: nice!
Spiegel: BRNE now .0021
Spiegel: .0022
Spiegel: These oil related options all have ridiculous spreads. For june near the money calls DRIP is 1.50 X $3.00, ERY is .70 X .95, and SCO is $2.40 X 5.10. No thanks!
Spiegel: Of course there are also the type of oil options that trade on the NYMEX. Theyre like futures and are for 1000 barrels of oil
Spiegel: http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_contractSpecs_options.html?optionProductId=190#optionProductId=190
Spiegel: Here is the actual list with quotes http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_quotes_globex_options.html?optionProductId=190#optionProductId=190
Spiegel: go to June. no volume in May
Curt M_1: $BRNE is nuts lol – I took 1000.00 worth at .00265
Curt M_1: i can’t help it anyway back to lunch
Spiegel: gutsy!
Spiegel: I thought I missed the boat at .0018
Curt M_1: ha
Curt M_1: small amount
Spiegel: now .0031 !!!
Spiegel: That pick was courtessy of a tweet from PennyStockGeeks
Spiegel: And like I said, had I bought at 9:35 when it came it was onluy .001. So a triple!
Curt M_1: wow
Spiegel: Swings AAOI, FSLR and HIIQ all doing pretty good in a down market
Flash G: Noticed that
Flash G: Good finds
Spiegel: thanks
Spiegel: NVDA finally broke highs of the day
Spiegel: forgot about pre-market highs…still needs a few more scents for that
Spiegel: cents too
Spiegel: oil about to break highs
quarryrock: back in JWN common and some USLV here
Spiegel: oil flying….near shorting point yet?
quarryrock: here comes silver
Curt M_1: Back at 12:10 on mic>>>>>>>>>>>>>>>>>
Bernard: Here’s the oil test
Bernard: testing resistance
quarryrock: added gdx calls .20
quarryrock: 22 strike
quarryrock: sitting right at that door GDX! come on and blast through!
Tradergirl: hey All
Spiegel: hey girl
Tradergirl: how about oil huh
Tradergirl: not in, just notcing craziness 🙂
Spiegel: you missed the excitment at oil report time
Spiegel: whoosh! up it went
Tradergirl: haha, been away from screens today, just getting back, wowzers, need to have some of u manage my $$
Spiegel: See Maven
Tradergirl: lolll, ya I noticed, awesome trading girlie
Curt M_1: on mic in 1 min sorry just got off call >>>>
Spiegel: I got some DWT 31.87. Not doing options this time.
Tradergirl: KK why not sell futs short instead of dwt?
Tradergirl: is there advantage?
Spiegel: just more leverage and less funds committed
Tradergirl: ty, not familiar with that product
ny75: thoughts on google.
quarryrock: in some $139 $IWM Cs
Spiegel: My NVDA making a strong move towards $120 like I hoped
Spiegel: i did
Leanne: way to go Spiegel
Spiegel: 🙂
Spiegel: I’m down 2 cents on DWT though so how good can I be?
Leanne: You’re good S.!
Tradergirl: S, that’s not what I’ve heard, chin up!
Tradergirl: Exactly, I’ve been watching oil fundys, abs amazing how press “leaks” info, yes KK
Tradergirl: oott is all you need
Tradergirl: and inventories
Bernard: I trust EPIC. it’s been too “right”. I’m short at the resistance….
Spiegel: my broker says he doesn’t like hotdogs. what do I do then?
Bernard: last time that was that much grey lines, oil turned and tanked
mat: Solar has a high correlation with oil. It does well when oil is up
Tradergirl: ya, i actually have tgt of 48.75 on this move up fwiw, just my 2 cents
Tradergirl: thx mat, didn’t know that, will def look into! tyvm
Tradergirl: VIX pretty pls
quarryrock: STC $IWM C’s +.25
Tradergirl: vix?
Spiegel: Don’t blame me if BRNE doesn’t work!
Spiegel: 🙂
Market Maven: haha
Curt M_1: first rule of trade room
Spiegel: NVDA almost at the $120 I said I was hoping for this morning. Calls up 51% so far.
quarryrock: added more $GDX Cs here .17 ATM
Spiegel: expiring Friday quarry?
Curt M_1: Awe so there was OPEC news those buggers
Curt M_1: http://oilprice.com/Energy/Oil-Prices/Oil-Prices-Jump-On-Bullish-Inventory-Data-Saudi-Export-Cuts.html
Spiegel: is that why it’s still surging Curtis?
Curt M_1: Yup
quarryrock: yes
quarryrock: small caps strong today
Curt M_1: They know where those resistance lines are you have to watch the OPEC cartel at support and resistance lines (the serious areas)
Market Maven: Yup
Market Maven: x10000 ha
Spiegel: glad I got out of DWT
Curt M_1: brb
quarryrock: wow nvda
Spiegel: it keeps going!
Spiegel: Maybe I’ll hold for $125 now?
Spiegel: although optionm expires Friday
quarryrock: so much for gold
Spiegel: oil is sure spiking though
Flash G: OPEC games.
Flash G: You will know if machines turn on. The price will really get going.
quarryrock: JWN should begin ascent to $50 shortly
Spiegel: OTTV just tripled on news
Spiegel: releasing a tv app for the phone
Curt M_1: back
Spiegel: Here is the Twitter handle for OTTV https://twitter.com/vivaentgroup
Market Maven: thanks
Spiegel: News came out 2 hours ago and it didn’t react until about 15 minutes ago
Spiegel: They advertise on an electronic billboard at Times Square
Carol: battle is on for oil now
Curt M_1: The World’s Biggest Independent Oil Trader Has a Warning for OPEC https://www.bloomberg.com/news/articles/2017-05-09/top-oil-trader-warns-shaky-demand-risks-scuppering-opec-mission
Carol: wow look at oil
Carol: I find it facinating
Carol: the battle
Spiegel: now she’s coming down
Curt M_1: The machines didn’t go to buy side
Curt M_1: you can tell when the machines buy or sell
Curt M_1: like the spike through the target
Curt M_1: and oil is closing in 3 mins
Curt M_1: it should be spiking
Curt M_1: if traders were betting buy side
Curt M_1: close of oil tells you a lot
Bernard: drop baby!
Curt M_1: watch the orange line
Curt M_1: orange dotted
Curt M_1: 2 mins
Curt M_1: lol
Spiegel: should it act as support?
Curt M_1: on mic>>>>>>>
Spiegel: I like your shit!
Bernard: Curt’s reviews are priceless. can’t wait for that next cluster to form…
Market Maven: Thanks Bernard see I feel better already 🙂
Market Maven: I was just telling OILK
Market Maven: he needs to listen up cause he wasn’t convinced]
Carol: OILK is a doubter tho
Flash G: He’s just wiser like me and hasn’t been around EPIC as long
OILK: You guys
OILK: It’s not that I’m a doubter well I guess I was at one point yes
OILK: But not now
OILK: SOrry for grinding your gears Maven
OILK: Forgive me?
Market Maven: gaud
Market Maven: fine
Market Maven: still wuv u
Market Maven: Curt has me looking for plays so I have to focus
Jack: OILK is a sceptic haha
quarryrock: took the second JWN scalp +.50
quarryrock: added more May 19 $TGT $58.50 C’s
quarryrock: if we get a KSS and M surprise beat tomorrow could see Retail get a nice lift
quarryrock: this challenge has me up against the wall. got hit on ER plays yesterday so fighting back now
Spiegel: You need to gamble on some out of the money options expiring Friday to win
Spiegel: or penny junk like OTTV
quarryrock: gambling made me fall behind lol!
quarryrock: very hard to double account without using leverage
quarryrock: and didnt play nvda or this would be over! lol.
Spiegel: lol .Well playing conservative4 now sure won’t help you catch up!
Spiegel: Oh yeah, with NVDA it would be all over
quarryrock: i know it. just grabbing small scalps today.
quarryrock: they should be dropping $KSS here to $40 pin
quarryrock: and here it comes $40
quarryrock: nice TGT spike! sweet
quarryrock: going to swing trade USLV
Curt M_1: I will likely go long $CBLI over 3.50 with increasing vol if that happens
quarryrock: anybody own SNAP?
luisito: dear Curtis: time to short oil?
Curt M_1: The chart as it stands is in current trading range yes. OPEC didn’t succeed in getting it in to new range.HOWEVER, they can continue the press releases so that’s the potential issue. But the machines didn’t buy above the resistance today and it failed.So advantage bears bigly 🙂
Curt M_1: I’m not short yet until morning because I don’t trade futures till 24 hour room opens and I don’t want to risk an OPEC news shit show lol
luisito: understood. anything to do on the swing arena?
luisito: (oil hit resistance & retraced – a good sign)
Curt M_1: second sorry
Curt M_1: sorry luis what do you mean swing arena?
Curt M_1: the current swing advantage is bearish in oil but OPEC rumors can slap you hahaha
Curt M_1: like your wife!
Market Maven: curtass!
luisito: understood. wife slaps me often
luisito: I’m short now, let’s have faith in the Bear’s Gods
quarryrock: JWN $50
luisito: question on swing: anything to enter today or tomorrow on swing arena?
luisito: (or yesterday)
Leanne: Curtass, that’s good!
Curt M_1: oh uh not sure I’m not in the swings right now and can’t even open them sorry LUIS not sure myself right right now
luisito: okis
Curt M_1: Leanne likely has some swings in her sleeve
luisito: understood. the report is so long that sometimes is difficult to understand:- what’s open- what’s in a decision area
Curt M_1: hedgehog too and quarry and spiegel and lol
Curt M_1: reports are changing FYI wb4 15th
Curt M_1: With alerts lol
Curt M_1: no thinking
Curt M_1: no study
Curt M_1: Mcdonalds style
luisito: hahahahahahaaaaaaaaaaaaaa
Curt M_1: i gave in
Curt M_1: sold out
luisito: lovlely
Curt M_1: sold my soul
luisito: remember: you will know how great you are in case in 2018 your advice is about taxes instead about averages / support & resistance
Market Maven: they told curt he’d get 100 x more subscribers like that bahahahahahaha
Market Maven: a deal with the devil! mcdonalds swings!
OILK: Curt’s a traditionalist like me…. that does algos
OILK: odd
OILK: might short oil now
ny75: anyone in snap for er?
Market Maven: omg no
Carol: quarry rock? $SNAP for er?
Carol: the next room you test make sure it has pings we need to be able to ping each other
Carol: QUARRY!
quarryrock: nope dont like snap
quarryrock: unicorns are too risky
Market Maven: i agree
Curt M_1: wisdom says no i think
Curt M_1: not my specialty tho
Curt M_1: luis still around?
quarryrock: wow $TGT call premiums jacked up last 15 mins
quarryrock: stock hasnt moved much. MMs readying
luisito: yes. in this hotel room there is too much to drink, sadly
Curt M_1: lol
Curt M_1: $FSLA I like
Curt M_1: But timing is tough
luisito: and yes. I’m short, I try to anticipate what’s on your mind, Curt
Curt M_1: its not my mind its EPICs logic and EPIC doesn’t drink
Curt M_1: 🙂
luisito: bad for him/it/she
Leanne: Have a great rest of the day everyone
Curt M_1: $XRT strong
Curt M_1: just short oil
luisito: prosecco (alone) or prosecco with orange juice (1/3). Mimosa.
Carol: night peoples
Market Maven: nite carol!
OILK: nite john boy
quarryrock: good night all!
Curt M_1: $SGMO halt
Curt M_1: see ya in moring all
luisito: have to go for a quick dinner. best wishes to all of you
luisito: NVDA seems good on the long side
Curt M_1: maybe
Curt M_1: iits the future so it wouldn’t be a bad bag to carry around
luisito: and maybe gold too … (I do not suscribe to gold algos — full disclosure)
Curt M_1: careful with gold
Curt M_1: indecision
Curt M_1: war in gold
luisito: (I was short yesterday at 102 NVDA — a quick change of mind)
luisito: ok — will take your advice on gold
Curt M_1: $NVDA $GOOGL $AMZN #future
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