Compound Trading Thursday May 11, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $BRNE, $USLV, $XIV – $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:

Important Member Premarket Note re: Service Upgrades in Process

Thursday was day nine of trading challenge.

Complete day 9 of two week 20k double small account trading challenge +6810.00 ?? 1 day left. #tradingchallenge

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/ …

Last market trading session Post Market Stock Trading Results can be found here:

Stock Trading Results Wed May 10. Day Eight: 2 Wk Trading Challenge $MTBC, $BRNE, $USOIL,…

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 Thur May 11 $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

Please note, for the next while, you will have to review the raw trading room footage (vs. snippet 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

Premarket Session: 

PreMarket Trading Plan Thur May 11 $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

Market Day, Chat Room Trades and Personal Trades:

Closed my $BRNE OTC overnight hold for a win, entered $XIV for a small cut and entered $USLV for an overnight swing. Pretty calm day for me. Did more management of my swing trades over on our swing trading side and a ot of preparation $STUDY for Swing Trades.

Long $XIV 350 77.53

Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:

Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … #freedomtraders

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

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
SGMO 7.00 60.92% 15643100 Top Gainers
RELY 3.30 34.69% 1253600 Top Gainers
GLBS 1.65 28.91% 1904000 Top Gainers
LPSN 9.75 22.64% 1662500 Top Gainers
SGOC 1.65 22.22% 164052 Top Gainers
RNN 3.97 22.15% 965927 Top Gainers
PEGA 52.50 10.41% 2773000 New High
ASUR 14.54 12.36% 536100 New High
MTLS 14.15 13.93% 394200 New High
LPSN 9.75 22.64% 1662500 New High
IAC 103.33 0.91% 847500 Overbought
EA 108.58 0.39% 5750600 Overbought
EUMV 24.27 -0.21% 1249200 Unusual Volume
MSLI 1.17 54.15% 2247165 Unusual Volume
EMAG 21.53 -0.28% 12300 Unusual Volume
SYMX 1.02 9.68% 4614500 Unusual Volume
AMBC 17.34 -4.20% 989600 Upgrades
AYA 18.75 4.75% 393739 Earnings Before
PODD 39.11 0.03% 553100 Insider Buying


Algorithm Charting News (Artificial Intelligence, Intelligent Assistants, Big Data and More):

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

Why the #AI hype cycle won’t end anytime soon

#machinelearning #fintech #bigdata #ML #healthcare #tech

Goldman Sachs to launch new ‘dark pool’ for stocks on Friday

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:

$AMZN Swing trade going well. Trading 952.45 in 822.74. May add at next pull back. #swingtrading

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:

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

$USOIL, $WTI, Chart

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

Volatility $VIX:

The historical seasonal tendency is for $VIX levels to trend lower until around July

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

Half of this year’s stock rally = 10 companies.

(via @GoldmanSachs @NickatFP)

TECHNICALLY SPEAKING: So goes oil prices, so goes earnings and the S&P 500.

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.

Curt M_1: Good morning. Premarket really soft so I will give it some time here to set up before any review.
Flash G: $CAT looking better
Market Maven: $PIRS looks like death lol
Market Maven: and $SNAP wow
quarryrock: good am everyone!
Market Maven: morning
Market Maven: Market feeeeeels badddd
quarryrock: yeah Macys carpet bombed an otherwise fine ER from KSS this am
Market Maven: ya seen that
quarryrock: NTES on watch
Market Maven: $VRX has some momo type action
Glenn: $NATGAS might go
quarryrock: silver was pushed down pre. but watch it today
Market Maven: shippers starting some
Curt M_1: $BRNE up from my buy yesterday – I forgot about it yesterday lol (closed it)
Tradergirl: vrx i love mm, bot long-term calls week ago, doing well. ack lol.
Curt M_1: I was going to go long and didn’t ugh
Tradergirl: which Curt
Curt M_1: $VRX
Tradergirl: ya, i’ll keep an eye for u
Spiegel: VRX also great for doing covered calls since have a very high premium.
Curt M_1: spiegel whats the OTC play today? I only have 2 days of runway left
Tradergirl: good point S, cheap too for now
Spiegel: Sorry Curt. Nothing really standing out yet. But I’ll give you the next BRNE earlier when one comes up.
Curt M_1: Day 8 complete of two week 20k double small account trading challenge +6750.00 ?? 2 days left, runway real short #tradingchallenge
Curt M_1: ok thanks need one just one lol
Tradergirl: dunno, $fit KK?
quarryrock: $KSS to open green PT $43.20 if can fight off early bears
mat: memorial day I think. End of month
Curt M_1: out $BRNE for a dinner and movie
sbrasel: $PED is climbing
Spiegel: sWas just going to mention PED myself
sbrasel: also $ocul
Spiegel: SYMX
quarryrock: bears after KSS downside to $36ish 8% worst case
quarryrock: im in TLT $120s for next week Calls here .68
sbrasel: $fncx is moving
quarryrock: in uvxy $13s tight stop
Market Maven: Long $M some
Tradergirl: Curt COTY coming down some from yest, not sure if get better than 19 fyi (19.55 atm), i’m buying some 19 if holds, just fyi
Curt M_1: kk
Flash G: $NVDA swing strong here
Spiegel: Sure is!
Spiegel: that stock is a winner
Tradergirl: OMG DRYS +555%
quarryrock: $GDX calls are alive now lets rock!
Spiegel: reverse split Tradergirl
Spiegel: so not really up
Tradergirl: oh 🙁 the uje, time to sell then lol
lenny: $TWTR might giddy up here
Spiegel: DRYS loves to reverse split and then go back down to under a dollar and then reverse split and then….over & over
Tradergirl: yep S, Economou uses it as his personal bank account, doomed to fail
lenny: Like $VRX action
Flash G: Bottom shopping transports
quarryrock: UVXY ripppp
Tradergirl: also urre looks good if holds here
Flash G: All time highs in $MELI
Sandra: $VIX awakens
Spiegel: OTTV I gave yesterday on their app news is still climbing
Spiegel: .0009 to .0012
Market Maven: That resistance your $SPY algo alerted weeks ago CUrt wowwow 🙂 not bad
quarryrock: time to pour it on! metals bonds vol
Market Maven: metals r rippy
quarryrock: nailed some uvxy! moneyball time!!!
quarryrock: banked 66% of my gdx HUGE win there!
Curt M_1: Oil sagging over the support / resistance heavy (grey horizontal thick line)
Curt M_1: man that will be a good short if it loses that area OIL
Curt M_1: $WAV VWAP test
quarryrock: all out of GDx calls
Curt M_1: $FNCX VWAP wacked
Curt M_1: $SGMO bounced at VWAP
Curt M_1: dare ya to long $SGMO at 666
quarryrock: still in USLV
Flash G: ha fun
quarryrock: TLT calls are clicking !!!!
lenny: $VRX could just be a bang up play over next few weeks
quarryrock: wowowow UVXy
Spiegel: SLTK bouncing from lows
Spiegel: my OTTV now .0013. Up 44.4%
Curt M_1: nice play Spiegel
Spiegel: People have been waiting on that app for months
Curt M_1: Long $XIV 350 77.53
Hedgehog Trader: hey all
Hedgehog Trader: please tell me DRYS split
Hedgehog Trader: lol
Market Maven: no its up to the mooooon!
Hedgehog Trader: haha
Hedgehog Trader: what a wacky ride that stock has been
Curt M_1: Stop set at 77.53 $XIV my buy
Curt M_1: $DRYS is like some people 🙂
Curt M_1: Hey Hedge do you know what the next 3 day weekend is on the markets?
Curt M_1: like specifically what date?
Hedgehog Trader: is it good Friday? Apr 14th?
Hedgehog Trader: sorry
Hedgehog Trader: lol no sleep
Spiegel: it was
Flash G: $NKE bear mode hard
Spiegel: my birthday
Hedgehog Trader: Memorial Day 29th May?
Curt M_1: thats what mat thought
Curt M_1: oko thanks
Hedgehog Trader: Google is way smarter than i am
Hedgehog Trader: truth
Hedgehog Trader: that’s a Monday
Curt M_1: lol ya i can’t google yet all computers are running mad right now maxed
Hedgehog Trader: ha – yeah one more little google search and it all goes blue screen of death
Curt M_1: lol wil be nice to get the new systems I hope
Curt M_1: that’s the weekend I’ll likely go to south america
Hedgehog Trader: woot
Hedgehog Trader: nothing like working on the beach being fed fresh oysters
Curt M_1: i may actually start in panama and visit a few central countries first
Curt M_1: $XIV didn’t get the pop I wanted
sbrasel: whats your thought on $uslv for a few days? ma’s just broke 50 and 100?
Hedgehog Trader: yes for sure Curt
Hedgehog Trader: travel around, scout it out
Curt M_1: theres some real estate opps in nica cause of that canal
Hedgehog Trader: silver miners outperforming silver
Hedgehog Trader: $EXK one of my favs
quarryrock: more TLT more UVXY cs here
Hedgehog Trader: $SIL is a silver stock ETF that holds a variety
Hedgehog Trader: $MUX has a lot of silver exposure and 16% short interest
quarryrock: BOOM TLT HR
Spiegel: I was just in Panama at Christmas. Have been to all the Central American countries except El Salvador (which nobody cares about)
Hedgehog Trader: there is a dish from El Salvador i always buy at my local market
quarryrock: Filled on UVXY
Hedgehog Trader: papusas?
Curt M_1: $XIV gave the broker a hotdog for lunch
lenny: $MTBC poppin
quarryrock: thank Macys for this sell off folks
Curt M_1: 16.47 is your res on Silver imo near term – could come sooner so you have about .60 upside on $USLV I think is the translation until intra res
Hedgehog Trader: there is a beaten down gold explorer $GSV with like 8% short interest- i think one of the majors has a big stake in it about 14 days of short covering if it pops
Hedgehog Trader: i think it’s gone down like 16 days straight
quarryrock: nice good info USLV
Curt M_1: crazy
Hedgehog Trader: GSV is popping now
Hedgehog Trader: ha
Curt M_1: Stoch RSI on Silver near bottom so when it crosses up is likely the time to daytrade silver related $USLV etc
quarryrock: here goes SLW!
Curt M_1: on 60 min that is
ny75: just confirming what i learned here. fslr 20 crossed 200 on daily today. yes?
Curt M_1: i’ll check
Hedgehog Trader: hi ho silver
Hedgehog Trader: $GPL another nice silver turnaround play
ny75: Please also confirm on how you would manage entry as squeeze on daily has been green for a while. tia
quarryrock: lets rip some metals!!!
sbrasel: $ uslv jumped right after the answer thanks for that mojo Curt
Hedgehog Trader: silver spiking a bit now up 10c
Spiegel: oil breaking highs
Spiegel: 9:30 to 4 highs. Not 24 hour highs
Curt M_1: I would enter over the 200 MA on 3 min as long as it was over the previous 60 min candle high which is the horizontal purple line at 36.24 and MACD on 3 min is crossed up and I would give it no room to downside – tight stop until it works – -and increasing volume on 3 min…. that’s how I would enter
Hedgehog Trader: $ASM looks jiggy
Curt M_1: how I would pick my entry on a swing
Hedgehog Trader: 10c til resistance
Market Maven: lol you asked him hahahaha
Market Maven: when Curt enters swings he has a book of notes for 1
Market Maven: but it works
ny75: [thanks
Curt M_1: np
Curt M_1: some aren’t as gifted as u maven
Flash G: now that was a good one
lenny: sassy mm
Hedgehog Trader: ha
Curt M_1: next pop on $FSLR should come when 20 MA breaches 100
Curt M_1: on daily
Curt M_1: Market isn’t the easiest for swing set ups right now
Hedgehog Trader: yup
quarryrock: someone dumped $RH big
Spiegel: Even AAOI is down.
Curt M_1: long $USLV
Hedgehog Trader: there is a big technology metals mainly Lithium) conference in Toronto next week so keep an eye on LACDF, LAC.TO and ILC.V ILHMF
Curt M_1: thanks hedge
Curt M_1: Long $USLV 11.40 500
Hedgehog Trader: LACDF also finalized financial deal with Ganfeng Lithium today
Hedgehog Trader: if you want to shoot for the moon ILHMF and ILC.V is a tiny lithium stock 50% owned by insiders, including 18% by Ganfeng Lithium (30B mkt cap)
Hedgehog Trader: Ganfeng is spending 12M on one world class Argentina project JV with ILC
Spiegel: As a Canadian I can get behind that
Hedgehog Trader: Tesla is planning to open 3-4 battery factories by year end
Hedgehog Trader: and China is opening 3 in the next 3 months or so
Hedgehog Trader: ILC.V/ILHMF also has a JV with an Aussie explorer on a Northern Ontario project where they hit lithium a few weeks ago
Hedgehog Trader: Disclosure: I own ILC.V/ILHMF and have followed them for 5-6 years
Hedgehog Trader: and I’m meeting with ILC’s CEO in Toronto next wk
Hedgehog Trader: he’s a great deal maker
Curt M_1: Oils trying to break out of that quadrant hf
Bernard: yep. sure does look like it. let the machines loose!
Curt M_1: The wall has held so for (the orange uptrend dotted one) until now maybe – that would be very bullish if it gets past it.
Curt M_1: OPEC:)
Bernard: looking very likely it will break
quarryrock_1: took my SLW spoils
Spiegel: VRX doing really nice
lenny: $VRX is great looking
Market Maven: rough open imo
lenny: sucked
Glenn: agree
Curt M_1: Back at lunch:) Unless something is critically good:)
quarryrock: NVDA call holders retiring in Monaco
Spiegel: lol
Spiegel: they were actually pushing that on a free options board at ihub
Spiegel: yesterday before the big rise started
quarryrock: BTO $68.50 $MSFT Cs .23
Spiegel: NVDA calls I bought yesterday at 2.25 are now $7.85.
quarryrock: outstanding!
Spiegel: Sold one though with what I thought were great profits at the time.
quarryrock: i belive Mr Softy going to tamp
quarryrock: ramp
quarryrock: NVDA just momo crazy !!! wow
Spiegel: 🙂
Spiegel: Heading for $127
Spiegel: Feel like singing “Ain’t No Stopping Us Now.”
Spiegel: even SNAP has bouinced nicely off the lows
Spiegel: there goes 126 on NVDA
Spiegel: no signs of slowing down
Spiegel: Turkmenistan expected to join OPEC led oil supply cut
Curt M_1: On mic 12:10 just finishing cals.
Hedgehog Trader: wheeee
Tradergirl: hey guys, seeing some uvxy talk. is there a pref for uvxy over vxx? diff tax implications as i understand it?
Spiegel: I think uvxy is 2X where as vxx is only 1X
Spiegel: TVIX also 2X
Tradergirl: right, does one decay faster than the other? any tax stuff?
Spiegel: I just thought profit was profit was profit. Plus I’m canadian so can’t help you with American taxes
Tradergirl: thx S, ya never even thot abt taxes b4 then read smthg abt diff vix products/taxes, always with the taxes looool
Curt M_1: Bck in office 2 mins on mic sorrt>>>>>
Market Maven: no prob”:)
quarryrock: you get a K1 tax form for UVXy
Leanne: Speigal! another Canadian.
Tradergirl: leanne, fellow cdn here too, but transplant 🙂
Leanne: we take transplants!
Tradergirl: haha, was up north visiting sis last summer, misssssss it
Tradergirl: thanks qr, yes they were talking abt k-1s
Spiegel: Ecuador on my list to travel too. Was going to do a South America tour this summer but switched it to USA
Spiegel: Ben to Nicarague. Don’t forget to check out Ometepe – the island with a volcano on it.
Leanne: Thank you
Tradergirl: wow L
Leanne: I debated AMBA or DQ yesterday. Went with DQ
Spiegel: where do I go on twitter for that?
Tradergirl: missed grek too RATS
Leanne: I missed GREK also.
Tradergirl: slam some ouzo with me leanne
Leanne: YES!!! love ouzo, straight from the freezer nice and chilly
Tradergirl: y 🙁 had position, didn’t want to hold o’er earnings, awful fail on my part
Leanne: reminds me of a long time ago in Mexico on top of a bar
Tradergirl: what happens in mexico stays….
Spiegel: So I’m following your Swing Trading app. Do I just enable push notifications and that’s it?
Spiegel: NVDA and VRX are stars of the day
Flash G: Thanks Curt. I like that $JASO chart too.
Curt M_1: No Problem. Off mic 1:09 PM getting set up for afternoon session – NEED SOME BIG ONES FOR TRADINGING CHALLENGE
Bernard: hi Tradergirl. Do I remember you saying yesterday that silver and oil generally move in same direction?
Curt M_1: I’ll bring up a chart for ya
Curt M_1: damn maybe I wont
Curt M_1: Theres USOIL and Silver
quarryrock: curt we should have just bought NVDA 2 weeks ago and gone fishing
Curt M_1: so true
Bernard: very interesting correlation, Curt.
Curt M_1: you know you have a point quarry
Curt M_1: thats why time of year I’m getting more serious about swings…. between now and fall swings and oil because of time of year seasonality
Curt M_1: I think oiil reacts first then Silver
Bernard: yeah, perfect time for the 24 hr trade room
Curt M_1: well not all through the chart thats not true
Curt M_1: ya for sure
Bernard: trying to sign up now
quarryrock: had a great am today so im decidely green – but no way i double my 20k. lookig just over 5ish now
Bernard: do I use bundle epic oil algo under subscriptions?
Curt M_1: added gold in the mess to that chart lol
quarryrock: took hits in KSS common and TGT c’s made a killing on GDX TLT UVXY Cs
Curt M_1: ask that question another way Bernard not sure I understand
Bernard: when I go to compountrading.com –> subscriptions, which one do I choose to sign up for the 24 hr oil trade room?
Curt M_1: oh let me check
Curt M_1: I’m not very up on it
Bernard: ok
Curt M_1: theres a promo code for existing members fyi
Bernard: yeah. I got the email. 🙂
Curt M_1: this is a good test for the site lol
Curt M_1: ya so its not very clear lol but its the bundle
Bernard: awesome. just wanted to be sure. thanks
Curt M_1: no prob
Flash G: That is where OILK and I did it too
Flash G: Hey Spiegel no OTCs?
Flash G: Curt needs a bone
Spiegel: Not an
Spiegel: OTC type day
Spiegel: It’s a VRX or NVDA calls type day
Curt M_1: a bone lol
Curt M_1: ruf
Spiegel: lol – no bones today. Maybe your dog is hiding one?
lenny: ha
lenny: hes a funny dog his name is monkey i met him
lenny: Did Ackman really short VRX at 831?
Market Maven: The squeez on $VRX should cool but when it pulls back and goes again I will probably scale in HAYUGE
Flash G: Closing $MACK long
Flash G: My wife just asked me if I was going to close my $NVDA position soon. I looked at her like she was from Pluto. $NVDA $GOOGL and $AMZN I will never sell.
Curt M_1: Taking it with ya lol
Flash G: Put the scotch in there also Curt.
Curt M_1: Great call all the way alog Flash – you convinced me – it took a while but obviously you’ve been right
lenny: Hey Curt how much time are you putting in to that oil room yourself personally?
Curt M_1: Likely 6 – 8 hours a day
Curt M_1: Higher frequency trades like 10 a day kind of thing
Flash G: $IMMU highs. I missed that one.
lenny: $WDC active now
quarryrock: nice day for $RGLD
quarryrock: here comes AAPL to ramp it all green
quarryrock: in $UVXY $12.50 puts
quarryrock: might as well help smash the volatility for power hour
Market Maven: yup
Hedgehog Trader: $AG silver stock rocking, very leveraged to silver
Market Maven: Watching $AMDA here and $UVXY
quarryrock: well have a nice night folks. looks like things pretty much pinned
Hedgehog Trader: take care Quarry you rocker
Flash G: TTY QR
quarryrock: lol thanks
Sandra: Yup looks over and odne
Curt M_1: Oil isn’t exactly strong.
Shafique: You can say that again
Hedgehog Trader: my morning $ASM call is good- went up 10c to resistance
Sandra: nice
Market Maven: $SNAP radical, I guess it was coming
Curt M_1: Nice melt up on $SGMO
Shafique: well that was a profitable day:) have a great night everyone
Market Maven: c ya dude

 

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Article Topics:  $BRNE, $USLV, $XIV – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, 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


Compound Trading Chat Room Stock Trading Plan and Watch list for Thursday May 11, 2017; $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO  – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Today’s Live Trading Room Link:  http://compoundtrading1.clickmeeting.com/livetrading

Midway thru day 8 of two week 20k double small account trading challenge +6750.00 ?? 2.5 days left, runway real short #tradingchallenge

Most recent lead trader blog posts:

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far: $MSLI, $SGMO, $PED

Bias toward / on watch: Swings, Gold, Silver, Volatility, etc.  $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

Markets: $SPY $ES_F $SPX trending sideways but also toward upward price extension of our SPY algo, $GLD, $GDX, $SLV Getting some lift here. $USOIL, $WTI is up over one important resistance and testing another now. $DXY is testing critical support area $VIX is continuing with a hard time with a heart beat.

OTC on watch: $BRNE (I hold), $ELED, $PVCT and $LIGA (I hold),$AMLH and $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD

Gaps to Watch: 

Recent Momentum Stocks to Watch: $MTBC

Stocks with News: 

SEC Filings to Watch: 

Short Term Trader’s Edge: $JASO Golden Cross, $NVDA, $TRIP, $YELP (earnings action)

Holds: Most holds are small to mid size (less than 5% of daytrading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT

Various Chart Set-ups on Watch: $AMBA, $EOG, $COTY, $FSLR, $AAOI, $HIIQ, $TSLA, $NVO, $CTSH, $LACDF (will cover in mid day review)

$MSLI Premarket trading 1.38 +80% on news

$MSLI, premarket, trading, plan, stocks

$MSLI Premarket trading 1.38 +80% on news

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change. And don’t forget our $SPY algo warned about recent highs.

Per recent reports:

There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. I see significant upside challenges in Oil and SPY with most recent highs being taken out.

Market News and Social Bits From Around the Internet:

6:25am

William Dudley Speaks

8:30am
-Jobless Claims
-Core PPI (Apr)

10:30am
NatGas #’s

$MNKD Piper reiterates Underweight. PT 54c

Verizon Outbids AT&T for 5G Tech Firm Straight Path $STRP $VZ $T

Cisco buying AI company for $125M https://seekingalpha.com/news/3266411-cisco-buying-ai-company-125m?source=twitter_sa_factset … #premarket $CSCO

$STRP shares plunging premarket 20.4%

Synthetic Bio’s ribaxamase a Breakthrough Therapy for prevention of C. diff infection; shares ahead 30% premarket

MACY’S DROPS 4.9% AFTER 1Q COMP. SALES MISS ESTIMATES

Merck stock rises 2% premarket after new Keytruda lung cancer approval

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List : $MSLI, $SGMO, $PED, $SYMX $APRI $LPSN $IPFI $HPJ $FOXA $NTES $TVIX $UWT $JNUG $UVXY $UGAZ $NUGT $USLV  I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List :$SPY $XIV $DGAZ $DWT $JDST $DUST $M $SNAP $ITUS $STRP $HOLX $CTRP $SYMC $MNKD $NYRT $PIRS $KSS I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades:    as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:  as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO – $PVCT, $LIGA, $MGTI, $ONTX, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD


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!

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/ …

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,

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

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

Premarket Session: 

$PRTO Premarket up 57% on FDA approval #premarket

Premarket Action Jasckson: $PRTO $MNKD $ONCS $ARRY $AMF $NVDA

Morning! Premarket member chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders

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

$BRNE Up 275% OTC – we’re in it to win it.

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.

Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … #freedomtraders

Momentum stocks. Learn when to buy, hold, sell, short. It’s more predictable than many think. How to use indicators.

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

Quick reminder! You can base hit to freedom. Some peeps needed to hear that:) ? Peace. #trading

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

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

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

Wowza. Live video of direct price and time target hit Wed 10:30 #EIA report. $USOIL $WTI #Algo #OIL #OOTT

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

$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

$AMZN Swing trade going well. Trading 952.45 in 822.74. May add at next pull back. #swingtrading

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

The World’s Biggest Independent Oil Trader Has a Warning for OPEC

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

$USOIL, $WTI, Chart

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

Volatility $VIX:

The historical seasonal tendency is for $VIX levels to trend lower until around July

$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 ??

TECHNICALLY SPEAKING: So goes oil prices, so goes earnings and the S&P 500.

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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