Compound Trading Tuesday May 2, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $ANGI, $ELED, $CNBX, $ETBI, $UWT – $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:
If there was a day for a learning trader to gets some education from our trading room it was Monday. See video at link below.
Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading
Did more training in today's session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading
— Melonopoly (@curtmelonopoly) May 1, 2017
Notice: Our lead trader coaching schedule is fully booked and waiting list has started. Keep that in mind if enrolling or email in advance.
https://twitter.com/CompoundTrading/status/858970678342451200
Tuesday was day two 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
Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)
Thanks for the replies to the Freedom Traders post on weekend! I'll think through them and respond thru the week. Require thought! Peace:)
— Melonopoly (@curtmelonopoly) May 1, 2017
https://twitter.com/CompoundTrading/status/859351336336461824
Premarket Trading Plan Watch-list for this session can be found here (locked to respect members and unlocked to public about a week later for transparency):
https://twitter.com/CompoundTrading/status/859383936987914240
Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) Tuesday won’t be published (lacking content):
$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
https://twitter.com/CompoundTrading/status/859067029487321089
Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published – lacking content:
$OCN $YTEN $MTBC $CCCN $TWTR $AEZS
https://twitter.com/CompoundTrading/status/859098292231307264
Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published (lacking content):
Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV
https://twitter.com/CompoundTrading/status/859111267012882432
Most Recent Public Swing Trading 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:
Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOC
Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOC https://t.co/UyxS58mtcy
— Melonopoly (@curtmelonopoly) May 2, 2017
Member Reminder: Premarket chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders
Member Reminder: Premarket chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://t.co/d1TrWCgBiP #freedomtraders
— Melonopoly (@curtmelonopoly) May 2, 2017
$ANGI Premarket up 56%
$ANGI Premarket up 56% pic.twitter.com/VSbOsuPQVR
— Melonopoly (@curtmelonopoly) May 2, 2017
Market Day, Chat Room Trades and Personal Trades:
$ANGI, $ELED, $CNBX, $ETBI, $UWT
So far on the two week trading challenge Monday I tool a trade in $MTBC and today in both for small wins and late Tuesday (in after market) I took a long position in $UWT (oil related). And I was in $ANGI for a paper cut loss.
Quarry Rock is rocking it! I need to do some catch up:)
Traders in our room were also in $CNBX and $ETBI.
Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%
Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%
— Melonopoly (@curtmelonopoly) May 2, 2017
In Play: $MTBC, $CGI, $SHOP, $CHGG, $NXTD, $OCN, $BDSI, $DGAZ High Uncertainty: $DBVT, $ANGI, $ALV
In Play: $MTBC, $CGI, $SHOP, $CHGG, $NXTD, $OCN, $BDSI, $DGAZ High Uncertainty: $DBVT, $ANGI, $ALV https://t.co/dTZmILEAPr
— Melonopoly (@curtmelonopoly) May 2, 2017
In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%
In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%
— Melonopoly (@curtmelonopoly) May 2, 2017
$ELED OTC Strong in to the close 34% today holding for now.
$ELED OTC Strong in to the close 34% today holding for now. pic.twitter.com/poSVoEKetB
— Melonopoly (@curtmelonopoly) May 2, 2017
$ETBI OTC Holding trend still up 8% on the day. #OTC 49M shares double normal.
$ETBI OTC Holding trend still up 8% on the day. #OTC 49M shares double normal. pic.twitter.com/tMjiedGZ59
— Melonopoly (@curtmelonopoly) May 2, 2017
$CNBX Closing near HOD also. Up 19% on the day. #pot #OTC
$CNBX Closing near HOD also. Up 19% on the day. #pot #OTC pic.twitter.com/Ja2jY3Fd4w
— Melonopoly (@curtmelonopoly) May 2, 2017
Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:
Looking for a trading home? What you can expect from the Compound Trading Lead Trader. #trading #mentoring #freedomtraders
https://twitter.com/CompoundTrading/status/857416340533018624
Stocks, ETN’s, ETF’s I am holding:
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 | |
ANGI | 9.51 | 61.46% | 26455500 | Top Gainers | |
SPAN | 28.90 | 32.93% | 218253 | Top Gainers | |
CHGG | 11.79 | 28.71% | 13036700 | Top Gainers | |
BASI | 1.54 | 23.20% | 3013000 | Top Gainers | |
THC | 18.66 | 21.56% | 16929409 | Top Gainers | |
CYH | 10.32 | 19.72% | 14792503 | Top Gainers | |
CHGG | 11.79 | 28.71% | 13036700 | New High | |
SPAN | 28.90 | 32.93% | 218253 | New High | |
IAC | 96.24 | 14.31% | 6211322 | New High | |
SARA | 0.14 | 0.00% | 18874 | New High | |
OHGI | 2.08 | 13.79% | 685533 | Overbought | |
BCEI | 37.95 | -3.19% | 329200 | Overbought | |
MOC | 2.83 | 12.30% | 1805695 | Unusual Volume | |
ASBB | 40.50 | 15.71% | 257140 | Unusual Volume | |
SPAN | 28.90 | 32.93% | 218253 | Unusual Volume | |
SARA | 0.14 | 0.00% | 18874 | Unusual Volume | |
BSBR | 8.87 | 3.38% | 4107200 | Upgrades | |
ACRE | 13.42 | -4.76% | 242600 | Earnings Before | |
MDSY | 0.73 | 4.29% | 40271 | Insider Buying |
Algorithm Charting News:
Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/858952483720151040
Don’t miss this video. #algorithms #fibonacci
https://twitter.com/CompoundTrading/status/857297652765138944
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:
For our swing trading platform users there is a new report out.
Protected: Weekly Swing Trading Updates Mon May 1 $IBB, $AGN, $CTSH, $TSLA, $SNAP, $VGX, $AAU, $NVO…
https://twitter.com/CompoundTrading/status/858989421021978625
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
USD/JPY bets ramp.
USD/JPY bets ramp. https://t.co/F0ZrCZ83tI
— Melonopoly (@curtmelonopoly) May 3, 2017
Gold $GLD, $XAUUSD, $GC_F :
NA
Gold Miner’s $GDX:
Biggest Gold Miner ETF Just Saw Largest Outflows on Record http://www.bloomberg.com/news/articles/2017-05-01/biggest-gold-miner-etf-just-saw-largest-outflows-on-record … ht @TN
Biggest Gold Miner ETF Just Saw Largest Outflows on Record https://t.co/IwJb5UA28Y ht @TN pic.twitter.com/AOJrqK4ouk
— Jesse Felder (@jessefelder) May 2, 2017
Silver $SLV:
Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV
Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV pic.twitter.com/ZkClWfspmX
— Charlie Bilello (@charliebilello) May 1, 2017
Crude Oil $USOIL $WTI:
Was it really that hard to predict ? Go long! ? Rising U.S. oil production knocks OPEC off course: Kemp http://reut.rs/2qpkGXt via @Reuters
Was it really that hard to predict 😂 Go long! 😂 Rising U.S. oil production knocks OPEC off course: Kemp https://t.co/cpVGQcMn4w via @Reuters
— Melonopoly (@curtmelonopoly) May 3, 2017
Energy Select Sector $XLE death cross.
Energy Select Sector $XLE death cross.
— Melonopoly (@curtmelonopoly) May 1, 2017
#OIL Recent highs – chart perspective – it will be interesting around the corner.
#OIL Recent highs – chart perspective – it will be interesting around the corner. https://t.co/PzrfVZJ2No
— Melonopoly (@curtmelonopoly) May 3, 2017
Volatility $VIX:
Low volatility and Crowded Trade Risk. One of my favs. #edge ?⤵
Low volatility and Crowded Trade Risk. One of my favs. #edge 🎯⤵ https://t.co/tMkjfheXUJ
— Melonopoly (@curtmelonopoly) May 3, 2017
‘Volatility markets are pricing in virtually zero risk in the near term.’
'Volatility markets are pricing in virtually zero risk in the near term.' https://t.co/gvDQGPAKgi
— Jesse Felder (@jessefelder) May 2, 2017
The time to worry about VXX is when volume (as % of total shares outstanding) dries up.
The time to worry about VXX is when volume (as % of total shares outstanding) dries up. pic.twitter.com/onjGHKP0ND
— Tom McClellan (@McClellanOsc) May 2, 2017
$VIX short exposure.
$VIX short exposure. https://t.co/lUugEVpuaf
— Melonopoly (@curtmelonopoly) May 3, 2017
$SPY S&P 500 / $SPX:
NEW Blog – “How Concerning Is The Underperformance Of The Equal Weight S&P 500?” https://www.seeitmarket.com/how-concerning-is-equal-weight-sp-500-underperformance-16824/ … by @CiovaccoCapital
$SPX $SPXEW
NEW Blog – "How Concerning Is The Underperformance Of The Equal Weight S&P 500?" https://t.co/i7gZjYAK9M by @CiovaccoCapital$SPX $SPXEW pic.twitter.com/QWomOsWXhJ
— See It Market (@seeitmarket) May 3, 2017
$SPX in only 7-point range Tuesday, ahead of FOMC. I’d say that low Average True Range (ATR) is marking a top, but it has not worked lately.
$SPX in only 7-point range Tuesday, ahead of FOMC. I'd say that low Average True Range (ATR) is marking a top, but it has not worked lately. pic.twitter.com/A28G6mDVAv
— Tom McClellan (@McClellanOsc) May 2, 2017
Surprisingly enough, YoY growth in margin debt has historically been a positive sign for the S&P
Surprisingly enough, YoY growth in margin debt has historically been a positive sign for the S&P https://t.co/GTxHRnDoYz pic.twitter.com/s3akBPKZ9c
— Adam Collins (@eversightwealth) May 2, 2017
$SPY $SPX play book should have plan B. ?⤵
$SPY $SPX play book should have plan B. 🎯⤵ https://t.co/RovBAyG6R5
— Melonopoly (@curtmelonopoly) May 3, 2017
.Looks like $SPX needs a Fed “no rate hike relief rally” to get to new highs.
https://twitter.com/NorthmanTrader/status/859431972220936192
$NG_F Natural Gas:
NA
Markets Looking Forward:
AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW
AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW https://t.co/L4OeNnTfSq
— Melonopoly (@curtmelonopoly) May 3, 2017
Small Caps Lagging
Small Caps Lagging pic.twitter.com/WmnSAb9dWE
— Alastair (@StockBoardAsset) May 2, 2017
#BIG6 ? $AAPL $GOOGL $MSFT $XOM $AMZN $FB
#BIG6 🔥 $AAPL $GOOGL $MSFT $XOM $AMZN $FB https://t.co/V2PCUakZDs
— Melonopoly (@curtmelonopoly) May 3, 2017
Tech leading all sectors YTD (+14%) and 1-year (+31.6%). New all-time high today in $XLK and $SPY (total return).
Tech leading all sectors YTD (+14%) and 1-year (+31.6%). New all-time high today in $XLK and $SPY (total return). pic.twitter.com/M7MYoIIYah
— Charlie Bilello (@charliebilello) May 3, 2017
Ratio of Consumer Discretionary to Consumer Staples hits an 18-month high. $XLY $XLP pic.twitter.com/KNOikcmHxV
— Charlie Bilello (@charliebilello) May 3, 2017
Ratio of Consumer Discretionary to Consumer Staples hits an 18-month high. $XLY $XLP
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.
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Curt M_1: Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOCLINK: https://compoundtrading.com/premarket-trading-plan-tues-may-2-angi-thc-lmnx-alny-moc/PASSWORD: 051217PRE
Curt M_1: Stock Trading Results Mon May 1 $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSChttps://compoundtrading.com/stock-trading-results-mon-may-1-mtbc-ocn-occr-twtr-bldv-btsc/
Curt M_1: Back at 9:05 for premarket review>>>>>>>>
Sartaj: Good morning, everyone
quarryrock: Hello Good am
Curt M_1: gm
Curt M_1: On mic in 1 min for premarket >>>>>>>>>
Curt M_1: pn mic>>>>>>>>>>>>>>>> 9:07
sfkrystal: If the buyout bit id 8.50, why would it go higher?
sfkrystal: http://www.marketwatch.com/story/angies-lists-buyout-bid-is-well-below-ipo-price-2017-05-02?siteid=yhoof2&yptr=yahoo
Sartaj: Thank you
sfkrystal: mtbc
sfkrystal: oops
sfkrystal: down p/m
sfkrystal: but gained yesterday
quarryrock: haha
quarryrock: ss $SHOP $79.90 pre
sfkrystal: yeah volume is already 2M, could be a squeeze
sfkrystal: lol
Spiegel: ELED
sfkrystal: OHGI?
Sartaj: Literally slept in
quarryrock: ss $SHOP $82.40 last add
mat: waht a crappy open. Thought AMD or X might give me a play, weak all around so far
Market Maven: On $DISH short
Market Maven: forgot to alert sory
Flash G: $SHOP small swing doing ok but others exc
lenny: wtf haha bad open
quarryrock: BTC $SHOP $80.34 gain +.81
quarryrock: whipsawed me
quarryrock: but ill take it
Sartaj: Terrible. And as Mat mentioned, couple of these sectors should have been up, if nothing else on geo factors
Sartaj: Yesterday was interesting in terms of the Korean Peninsula, then again May Day protests could still be wearing off
Curt M_1: 21,000 shares #ELED .0462 ish waiting on ticket
Curt M_1: $ELED OTC
quarryrock: wow right trade poor entry and exit for me folks on SHOP
sfkrystal: lol
Curt M_1: 9.63 800 long $ANGIE
sfkrystal: Tori Amos did a great cover too
mat: Semi’s down hard across the board not helping SPY
Curt M_1: $ELED Long add 175,999 shares .051
quarryrock: $AMD overdone on watch here
Curt M_1: $ANGI 9.28 closed loss
Sartaj_1: Oil algo is on its way to a direct target hit
Sartaj_1: A lot easier than watching bulls get trampled lol
Market Maven: $DISH all covered
quarryrock: STC $UVXY $13 Cs +.10 25%
Spiegel: GAHC?
quarryrock: BTO $TWLO $34 Cs .87 5/5
Carol: $ADHD b/o possiblr
Spiegel: Curtis , if ELED is a big winner it was all me. But if it’s a loser it’s all yours. OK?
Flash G: haha
Flash G: awesome
Curt M_1: ok
Spiegel: CNBX here
Flash G: $RTIX re – confirming on the swing
quarryrock: added $TWLO $34 Cs .77 5/5
sfkrystal: angie agreed at 8.5
Spiegel: I did the AMD calls when it was 11.06. Up 20% so far
Market Maven: Long $AMD 11.28 for a start
Spiegel: AMD now above VWAP
quarryrock: looking for Oprah to break down more
quarryrock: still in $21 WTW puts
quarryrock: STC 50% of $TWLO Calls .98 +27%
quarryrock: that was a nice one
Flash G: good stuff
Spiegel: So I got ELED, AMD calls, and CNBX. All winners so far.
lenny: nice
quarryrock: sweet!
Spiegel: AMLH nice reversal off lows today
Carol: watching that Apiegel
Carol: Spiegel
Carol: I’m long in it
Spiegel: nice! me too
Carol: I’m under water just barely now
Spiegel: You’ll get your chance to be above water soon. Just a matter of time
Carol: not far off now any sec
Market Maven: I have added to $AMD as it goes here
Market Maven: Cost average 11.272
Market Maven: $CNBX is a should ve
Spiegel: Glad to have the Maven seal of approval for my CNBX
Market Maven: Good play Spiegel – should have ugh
Spiegel: a guess the new car you buy today will have to be just a $20,000 Honda Civic
Spiegel: I
Market Maven: 🙂
Curt M_1: I’ll let er ride see ya guys at lunch
Spiegel: see ya
Spiegel: The Gambler has just left the building
Spiegel: CNBX 1.50
Market Maven: ha
Market Maven: Stop on $AMD at buy. Not acting great.
quarryrock: $PI back from the dead and ripping. still in swing
Market Maven: $CNBX 1.80 possible today even 2.00 if it really gets a squeeze
Spiegel: AS long as it hold VWAP I’m ok with it
Spiegel: but then again my entry is options when it was 11.06
Market Maven: Speaking of VWAP, Curt will close $ELED below VWAP and the 21 ema guaranteed FYI even if he’s out of office – he’ll hold through some pressure but not a complete wash out
quarryrock: wow $TWTR rip
sfkrystal: maven, which freq VWAP? 5 min?
Curt M_1: Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%
Market Maven: I use 5 min on intra day trades normally yes
Market Maven: VWAP
sfkrystal: ty
Market Maven: np 🙂
Market Maven: specific to $ELED comments yes also 🙂
quarryrock: $TWLO should find $34 flat by the close if im reading the options chain correctly
quarryrock: waiting game now
Spiegel: There went my AMD profits. poof. out
Market Maven: ya thats why i closed earlier – it didn’t look good
lenny: agree
Spiegel: you were correct. What didn’t look good to you? MA’s curling down?
Greg: yup
Market Maven: just trading action and price didn’t get lift I think it should have after VWAP – was a guess really
sfkrystal: $ANGI asc triangle, i’m so confused.
Spiegel: WEll, you were right and that’s what matters in the end
sfkrystal: i mean not that actual value has anything to do with trading or anything, but… still confused.
Market Maven: $ANGI will likely dump imo haha value who cares we trade anything
Greg: enjoying the swing trade side Curtis – good system
Market Maven: hes out till noon fyi
Market Maven: but he’ll like to hear that
Market Maven: Flash does well with it too
sfkrystal: in your opinion. lol
Spiegel: Maven, do you do the swing service too. And the oil?
Market Maven: Just Swing. But the Oil is crazy spectacular I know that.
quarryrock: im tempted to ss $HUBS into their ER tonite. but the smarter play is to wait for the report and then lean in – this stock is just insane
Market Maven: Swing is super simple 2 hours a week..
Market Maven: yup
Spiegel: I’m thinking of joining oil when it gets the 24 hour room but am worried about getting addicted to it and it killing my life. I might be in there all the time like a gambler or drug addict.
Flash G: I concur. The swing is about 3 hours a week for me and deceptively simple. the KISS method works.
Spiegel: I’m used to the KICC method – Keep It Complicated & Convoluted
lenny: The oil if you follow the signals you won’t lose. Maybe 3 – 5% of the time but small when you do. It’s tuned in. You should look at the reports from past. But yeh I get the addicted part.
lenny: EPIC is tight.
Spiegel: you in it Lenny?
lenny: Curt will be adding to $ELED soon haha
lenny: yes
Spiegel: And with EPIC , what of the many oil vehicles do you trade – WTI?
lenny: me Flash Maven Curt OILK been trading together for some time and Shafique and Sandra i Guess
lenny: i trade futures Curt trades ETN’s and OILK futures
lenny: Curts moving over to Futures
Spiegel: hmmm. and theres clear signals when to buy or what oil is heading towards
lenny: Exact signals – looks complicated but its simple
lenny: The algo account I think ROI is 1200% a year or so
Spiegel: Could you guess how much youre up this year with it or since you joined it, roughly?
Spiegel: WOW!!!
lenny: TThey’re publishing soon – they’re just waiting for legal I think – contracts for subs – its a big deal EPIC
Spiegel: you mean the 24 hour room?
lenny: it’s going to be YUGE ha
lenny: EPIC is being coded so it will go beyond a chart and its going to be a digital dashboard for traders
Spiegel: that does sound epic!
lenny: Intelligent Assistant they call it
lenny: its just a digital assistant – chart works the same
Spiegel: what will the digital assistant do then?
lenny: you should look through the calls – crazy calls – every ime oil is going to turn up or down EPIC hits it
lenny: digital interface that will signal for you the trades on different time frames
Spiegel: that is exactly what I would like
lenny: it will be very expensive
lenny: likely 10k plus a month
Spiegel: Well there goes that.
lenny: but the charts are the same
quarryrock: ss $COH $43.07
Spiegel: I’ll stuick to the email version then
lenny: its the same
Spiegel: But the EPIC emails are around $500 a month, right?
lenny: digital assistant is for after you’ve made a few million on the charts
lenny: no i think i pay les than 200 with the discount
Sartaj: The 24 hour room (EPIC bundle) is about 499 a month, yes
Sartaj: After the discount, the standalone EPIC newsletter is 122 per month
Spiegel: Not $10,000?
lenny: ahh there you go
Sartaj: Well, Lenny is one of those guys who likes shopping around. He was telling us about this algo group that was licensing out solutions starting at 100k
Sartaj: per month
lenny: newsletter alone is under 200 a month with coupon code
lenny: thats all you need spiegel
Sartaj: it stands to reason that at a certain point, we’ll go from that 500 per month price range with the 24 hour room, up to 10k per month after coding phase has entered a stable build
Sartaj: not right away, but just so you get an idea of what the ranges are… yeah, they definitely get up there
lenny: right now today everyone does well with the newsletter charting it works
Spiegel: and what is the eta for the 254 hour room?
Sartaj: Curt and I were thinking early-mid Q3
Sartaj: likely Q4
Spiegel: Ah ok, so I have time. I want to spend 2 months travelling this summer
quarryrock: STC remaining 50% $TWLO calls $1.08 +24%
lenny: last I heard was late fall
quarryrock: plus $2k total on TWLO trades.
lenny: nice Q
Sartaj: Yes, you have ample time. In terms of the standalone newsletter, it might be worthwhile, if for nothing else than to acquaint yourself with how it’s used etc
quarryrock: its got more in it! but i wanted to take profits here
Market Maven: good plays quarry
quarryrock: thanks guys! these ER names always have an implied bid under them
Market Maven: Curt’s gonna be anxious to catch you Quarry
quarryrock: haha
Market Maven: 🙂 It’s good for him.
Flash G: Looks like Spiegel, Quarry and Krystal are a good fit if you ask me.
Spiegel: So what extra do you get currently with the EPIC bundle over just the EPIC newsletter?
Flash G: My two bits.
Sartaj: Nothing in particular, but you do reserve your pricing at the inaugural rate
Spiegel: lol.
Spiegel: Will the pricing go up over the summer and early fall before it’s released?
Spiegel: the 24 hour I mean
Market Maven: $ELED going to be a runner maybe.
Sartaj: I will get back to you on that. Our development process is agile; hard for me to say yes or no right now
Spiegel: Will you at lest give us notice before you do so I could lock in at the current price?
Sartaj: but we have you on a reserved list, in any case, so yes
sfkrystal: ya i’m liking the handle $ELED
Sartaj: of course
Spiegel: gret!
Market Maven: It’s looking serious.
Market Maven: Waiting patiently.
Market Maven: For confirmation
Spiegel: ELED just took a little spill. Hope its temporary
Spiegel: was humming along nicely and then ploop
sfkrystal: lol that was my fault for saying i liked it
Market Maven: It’s holding up in down time of day. That’s what I like.
Market Maven: There’s no panic at all.
Spiegel: AMD sure ain’t holding up. Looks like is cracking 11
Flash G: I like the swings and my after lunch scotch. And watching you bucks stress all day.
lenny: $AQB halt!
Curt M_1: On mic 12:05 for mid day chart review>>>>>>>>>>>>>
Spiegel: Only thing I don’t like about ELED here is the spread. about 4%
Spiegel: it just narrowed as I typed that
Spiegel: bid is back up
sfkrystal: $ANGI has held it’s gains too lol
Hedgehog Trader: hey all
Sartaj: “robots” lol
Sartaj: Hey hedge
Spiegel: ELED chart a work of beauty. Look at 5 min. Every day it has a quick peak, then levels out to slightly lower,…next day another peak then levels out. day after day
Spiegel: this is day 7 of that
Sartaj: Wow
sfkrystal: yes looks like a perfect pump imo
Spiegel: can’t deny that
Curt M_1: need 2 mins finishing a call
quarryrock: oprah fade!
Sartaj: Japan declared BTC a legal currency today
sfkrystal: nice!
Spiegel: need a bitcoin algo now
Sartaj: Very nice, until they find a way to tax it 😀
sfkrystal: hah true
Spiegel: 24 hour room
Curt M_1: Bank of Japan also invests in derivitives bahahaha
Spiegel: I’ll sleep when I’m dead
Sartaj: Yeah I guess they are masters of air
Curt M_1: ok on in 1 min>>>>>
Curt M_1: on mic 12:13>>>>>>>>>>>
quarryrock: $PI parabolic
Spiegel: link
Sartaj: https://compoundtrading.com/development-processhttps://compoundtrading.com/epics-story
Spiegel: Thanks Sartaj. And glad to here you’ll do more OTC’s in the future Curtis
Spiegel: It’sll make your room very popular but also attract some yahoos
Sartaj: Crowd-sourcing aspect
Spiegel: Just hope I measure up
Sartaj: Understatement
Sartaj: That was ridiculous
Sartaj: Try Opera, Curt
sfkrystal: lol
Hedgehog Trader: Mercury in Retrograde
Sartaj: I should have exited at resistance
Sartaj: Becoming a swing
Sartaj: OPEC didn’t haev good news
Sartaj: have*
Spiegel: I am
Spiegel: ttheres not much time left for it to hit that circle now after todays dip. so will it still head towards it on move towards price in that final circle now?
Sartaj: We have seen more often than not, as Curt said, that price will spike directly into the target zone, sometimes at the very last minute
Spiegel: or move
Sartaj: Or within a very tight time-frame
Hedgehog Trader: nice Sartaj
Sartaj: Even Gary was tripping out
Sartaj: and he’s been around
Spiegel: fascinating. i have to be a part of this.
Spiegel: ROX
Hedgehog Trader: $LACDF
Hedgehog Trader: hah
Spiegel: ROX is a swing for me. Not usually huge moves any day
Hedgehog Trader: i am very bullish on lithium which has been very strong – and has some great catalysts
Hedgehog Trader: TSLA is going to build 4 new gigafactories this year
Hedgehog Trader: and China is opening several battery factories in the next couple of months
Hedgehog Trader: India is going full electric by 2030- lithium is a great short and long term sector
Hedgehog Trader: 3 insiders bought $440k worth of LACDF shares since April 11
Hedgehog Trader: and i am also seeing multiple lithium stocks with insider buying
Leanne: Have a great afternoon everyone, gotta run. Thanks Curtis.
quarryrock: sold $PI swing +$1.19
Spiegel: $ROX also please. Although too extended for a buy here. I’ve been in it awhile.
Hedgehog Trader: Spiegel – I like $ROX too
Spiegel: 🙂 Not just great technically but fundamentally also
Hedgehog Trader: i agree
Hedgehog Trader: amazing strength and lack of volatility in $NAK during the latest gold and silver correction
Spiegel: ROX is ginger beer
Spiegel: which I hate
sfkrystal: lol, i’m just a confused newbie
quarryrock: hi
quarryrock: im up about $4500 on the day – left alot of money on the table with TWLO
quarryrock: only have 3 positions open now SLW undewater a little and WTW , COH ss
Carol: $BOMT on the move
sfkrystal: $BONT 😉
Flash G: $VRX NHOD
Spiegel: CNBX rockin it
Spiegel: 1.60 now
Spiegel: has had a horrible time of it on the daily. appears ready to bounce decently for hopefully more than a day
Spiegel: I use ema’s so the 20 has crossed the 200 using that (as of today)
Spiegel: Gotta go. Everyone enjoy the rest of your day!
Flash G: BYE
Curt M_1: CYA
Market Maven: bye spiegel
quarryrock: $WTW is a case where ss via the stock a better plan than puts.
Curt M_1: $CHGG break out see if it confirms
sfkrystal: $ELED broke vwap
lenny: whay do u say that quarry?
quarryrock: the delta on the premium doesnt move much relative to the underlying stock price
quarryrock: stock is down 2.2% and premium on the $21 Ps hasnt moved much at all
lenny: hope you do a blog piece about your trades in this chalenge – would like to learn about it
quarryrock: absolutley happy to share
quarryrock: now TWLO is exact opposite. the premium is hair triggered to the stock – Implied Volatility is high
Carol: $VNCE downed over 60% on that halt
quarryrock: went right to $34 bucks as advertised earlier. unfortunately i wasnt patient enough
quarryrock: BTO weekly QQQ $137 Ps .41
Curt M_1: OIL TANK
Curt M_1: AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW
lenny: zzzzz
Carol: yup
quarryrock: BTO $GRPN $4 C’s .32 this is a small casino trade. unlikely to hedge this implied move is 15% tomorrow. small size
sfkrystal: so now that vwap has gone up and the price has remained essentially the same, would curt get out of $ELED?
sfkrystal: if either price comes down or vwap/ma goes up for a cross either way
quarryrock: this tankage in AMD is shocking
sfkrystal: $CHGG nhod
Curt M_1: reboot
Carol: $TWTR a champ but I think I will close my swing now.
Flash G: wise
Curt M_1: Would be nice to see $ELED break out here for EOD run:)
Curt M_1: Volume in that candle $ELED
Market Maven: You still hold $ELED Kyrstal?
Curt M_1: In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%
Curt M_1: There we go!
quarryrock_1: BTC ss $COH loss of $55
quarryrock_1: waste of time trade oh well
Flash G: win some lose some
Market Maven: win more than you lose!
quarryrock_1: yep!
Curt M_1: Hey Krystal I have a guy in UK that wants info on trading US stocks from UK – could you chat with him on Twitter or no?
Curt M_1: I had to chi out there over the last 6 mins Closed
Curt M_1: $ELED Average 5294 completely out
lenny: Looks like Krystal is gone
Sartaj: See everyone tomorrow, peace
quarryrock_1: STC $WTW loss of .16 10%
Curt M_1: wow look at that candle lol
quarryrock_1: wasnt going to risk the Puts position
Curt M_1: cya Sartaj!
Curt M_1: Thanks for coming out Quarry!
Curt M_1: and kicking my ass lol!
Curt M_1: “I’ll be back”
quarryrock_1: cheers ! great day and AH next!!
Market Maven: c ya
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