Compound Trading Thursday April 13, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $OCRX, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX – $DUST, $ONTX, $XOM, $NE, $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:

Most recent lead trader blog posts:

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

Yesterday’s Post Market Trading Results can be found here:

Today’s Premarket Trading Plan Watch-list can be found here:

Most Recent 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

Premarket watch-list for me was all about: 

$OCRX $STAF $EYES $AAOI $TVIA

$OCRX Premarket Chart

$OCRX Premarket up 40% on news.

In play today in chat room and on markets:

Premarket was in $OCRX $STAF $EYES $AAOI $TVIA and then on the day it was $NVET, $CALI, $STRM, $VSTM and a few others. I didn’t trade any day-trades but did some Swing Trading management on that platform.

On the OTC side my $LIGA call was playing out well.

Also on top of $USOIL, $WTI intensely of course because I am in $DWT and Gold $GLD because I am in 1/5 small position in $DUST and $XIV, $VIX, $SPX, $SPY play getting interesting to me so watching very closely.

How-to Trade Stocks, Lessons and Educational:

It’s not about picking the right stocks. Focus should be mechanics of the trade – indicators for entry, exit, sizing, timing, trailing etc.

What a great post ???⤵ #trading #success

“Rules Based Approach” If there was only one thing I could drive home w/ new traders (that I speak to all day every day) is this one thing.

Never blame, never complain, never lack gratitude for the opportunity to learn. Be a good loser, dust off and move on to the next trade.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $DWT, $XIV, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (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
NVET 6.62 63.46% 1675615 Top Gainers
CALI 2.99 25.10% 5173259 Top Gainers
OIBR-C 6.73 19.54% 19104 Top Gainers
CO 8.01 15.09% 971070 Top Gainers
STRM 1.31 14.20% 821419 Top Gainers
VSTM 1.85 14.20% 1075600 Top Gainers
IMNP 2.55 1846.56% 326704 New High
NVET 6.62 63.46% 1675615 New High
CO 8.01 15.09% 971070 New High
MDXG 10.74 8.48% 4540807 New High
STRP 91.70 -0.33% 326559 Overbought
NVET 6.62 63.46% 1675615 Overbought
NVET 6.62 63.46% 1675615 Unusual Volume
SRNE 1.80 -38.98% 9131264 Unusual Volume
SPU 2.94 -44.84% 2244165 Unusual Volume
RORE 15.43 -0.06% 88200 Unusual Volume
CPE 12.51 -4.72% 7838100 Upgrades
APOG 50.72 -12.67% 2068900 Earnings Before
APO 25.62 -0.70% 2800200 Insider Buying

Market Outlook:

Our futures?⤵

#earnings $BAC $NFLX $GS $UNH $JNJ $IBM $GE $QCOM $VZ $SCHW $MS $CUDA $BX $PGR $V $MTB $HOG $ABT $UAL $CMA $RF $USB ⤵

Selling ahead of tax day is normal. So is a bounce after. We discuss here ….

Algorithm Charting News:

⤵ That tweat cause our $SPY algorithm warned us /members TWO WEEKS before last high we’d not return to high for some time?? @FREEDOMtheAlgo

⤵Epic nailed the top when the world was screaming this. @EPICtheAlgo

I wouldn’t get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.

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:

When I started talking leaning in to oil related short 4 days ago LOT of people, well you know. EPIC the Oil Algo ?? $USOIL $WTI $CL_F #OIL

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

NA

Gold $GLD $XAUUSD

$GLD: SPDR Gold Shares Testing Post-2011 Down Trendline (linear scale) $GC_F

Keeping it simple doesn’t hurt??⤵ #Gold $GLD $XAUUSD $GC_F #Commodities

Gold Miner’s $GDX:

For those buying GDX on war concerns. Gold production tends to collapse during wars. Resources diverted to war efforts.

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

#IEA >>More oil on the market than last year, a report finds

HEDGE FUNDS’ ratio of long to short positions in NYMEX WTI rose to 5.4:1 on Apr 11 from 3.6 prior week and recent low of 3.1 on Mar 28

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

U.S. Oil Rig Count Climbs to Highest in Almost Two Years

WTI producers have trimmed their net short position in 2017 (mainly through more long exposure)

Volatility $VIX:

$VIX Market Bottoms ? …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia
$SPY $VIX $VXX

Stat Of The Day>Record $VIX Term Structure Skew: 1Mo/3Mo (VIX/VXV) @ Extreme High;8-Day/1MO (VXST/VIX) @ Extreme Low

$SPY S&P 500 / $SPX:

A number of notable short-term extremes suggest $SPX is near a point of reversal higher.

$NG_F Natural Gas:

NA

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.

Optionsavvy: gm
Optionsavvy: I am looking for a calculated buy off yesterdays low as support. Mkts need to open near here or the RR wont be in my favor
Optionsavvy: UVXY also at a top of range here which supports a short VIX and a long mkts
Flash G: morning
Optionsavvy: Mkts closed tomorrow so watch your options exp
lenny: Good morning! Shopping day.
eddie: morn
Curt M: Protected: PreMarket Trading Plan Thurs Apr 13 $OCRX $EYES $AAOI, $SPY, $GLD, $GDX, $USOIL, $WTIC Link: https://compoundtrading.com/premarket-trading-plan-thurs-apr-13-ocrx-eyes-aaoi-spy-gld-gdx-usoil-wtic/  PASSWORD: PRE0413
Curt M: Open watchlist: $OCRX $STAF $EYES $AAOI $TVIA on mic at 9:28 for open >>>>>>>>>>>>>>
Curt Melonopoly: $OCRX http://finance.yahoo.com/news/ocera-therapeutics-announces-presentation-data-200500336.html?.tsrc=rss
Curt Melonopoly: $EYES http://finance.yahoo.com/news/second-sight-argus-ii-retinal-110000258.html?.tsrc=rss
Curt Melonopoly: $AAOI http://www.marketwatch.com/story/the-cloud-boom-is-still-raining-money-on-optical-networking-companies-2017-04-12?siteid=yhoof2&yptr=yahoo
lenny: Looks calm. Some fear perhaps.
Curt M: Snowing here. Mountain snow. Huge flakes.
MarketMaven: Ut sucks.
MarketMaven: SNowboarding this weekend:)
mathew: Hey curt, here’s a VIX chart with levels to watch http://tos.mx/4qaoMO
MarketMaven: Thanks Mathew – he’s outside doing something.
MarketMaven: Mad.
MarketMaven: Snow.
Curt M: Back
Curt M: Thanks
Optionsavvy: Snow?
Optionsavvy: ha ha whats that ?
mathew: With the VIX I like to keep charts simple and only chart major levels. Im watching to see if we can make it to that down trend which I doubt but that would be a vol short for me
Curt M: Piss me off
Curt M: Surfer stuck in mountain snow land
Optionsavvy: what a difference a day makes. IWM short was money yesterday because it was weak. today is strong on rel basis so will be my long if I try at open
Cara: uck
mathew: /NG on a ripper from yesterdays lows
Curt M: $BLTO halt
Optionsavvy: long $QQQ here
Flash G: $DIS bullish tape
mathew: Short term gold shouldn’t have much room to the upside here with large divergences from real rates. More war premium can pop it but I’m cautious on gold. Miners have also played like crap thus far in the most recent run
Sammy T: all over $LIGA since last week it will be a multi bagger
Sammy T: lens in it to
Flash G: Adding to $BABA swing today
Flash G: Possibly $QQQ
Curt M: $XLNX scanner firing off on this
Curt M: We have a new 200 MA scanner coming out FYI – our coding
Optionsavvy: taking off half QQQ calls +100%
Curt M: nice
Curt M: MACD turns up on $XLNX on daily I’ll likely take it long
Flash G: $QCOM MA chatter on $XLNX
Flash G: $SHOP has chatter also
Flash G: You might be right about NASDAQ next week Curt.
Hedgehog Trader: what about Nasdaq next wk?
Hedgehog Trader: morning gents
Hedgehog Trader: and lasses
Curt M: Looking at adding to $XIV late today. Also looking at possibly adding to $DWT. And some tech stocks.
Curt M: Hey Nich.
Curt M: Next week I was saying I’m bullish $SPY and NASDAQ
lenny: $RTTR multi bagger on the way
Hedgehog Trader: yup and we have an astrological reason to start being bullish next week – Venus which also governs business and relations (think geo tensions) ends a 6 week retrotgrade period on Saturday
Flash G: $AAPL chart repairing
Curt M: Agreement is powerful.
Flash G: $NFLX chart repairing
Flash G: I think you guys hit it on the head. Next week could be very big.
Curt M: 10:03 Off mic – no momo plays – scanning – will do chart review at 12:00 EST – 1:00 EST in preparation for next week >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: Curt, one of my forecasts on $IWC microcap index shows a very high magnitude one month move after Apr 17th

Curt M: Nice
Hedgehog Trader: so my guess is we see pressure relieved and a huge rally
Curt M: Lets review charts over lunch if you can (any you like) for next week set-ups. List them here if you got em everyone.
Curt M: Hedge is on it:)
MarketMaven: GOOD I need some momos
Hedgehog Trader: what may surprise some is that i do think the miners will also rally
Optionsavvy: out QQQ .44 2nd half from .12 +266%
MarketMaven: Banka!
MarketMaven: haha congrats savvy!
Optionsavvy: 🙂 my day is done. will look for setups for you guys though
Hedgehog Trader: very savvy Savvy!
Curt M: Nice way to cap the week Scott
Optionsavvy: ty ty
Curt M: Look at $XLNX bull power
Optionsavvy: ENTL on scan
Optionsavvy: prob more of a reversal / swing 1-2 weeks
Optionsavvy: these gold names still all over my scans
Optionsavvy: TRX candian miner coiled up off lows
Optionsavvy: Canadian even
Hedgehog Trader: $THM
Optionsavvy: eyeing IWM short but going to be a small pos
Optionsavvy: missed it
Flash G: I took the entry on $XLNX – looks good
MarketMaven: haha they’re going to run the china plays
MarketMaven: all over the scanner
lenny: $RTTR is going to rip in to next week – adding here
Flash G: Every tech name I follow is repairing or about to rip as you say.
Optionsavvy: saw a few china plays on my scan this morning Maven. I discard them because I dont trade them but let me see whats on there
MarketMaven: 🙂
Optionsavvy: JMEI not bad
Optionsavvy: http://www.finviz.com/screener.ashx?v=211&f=geo_china,sh_avgvol_o50,sh_price_u15,sh_relvol_o1.5,ta_perf_dup&ft=4
MarketMaven: I know theyre all junk
MarketMaven: sometimes i will just scalp em
Flash G: $SHOP break out likely to hold IMO
MarketMaven: Careful with $ZENO
Flash G: Curt, $SPY may turn up here – its possible.
Flash G: If it does that may be the trigger for the buys for next week instead of waiting until EOD.
Curt M: I think I’ll wait – but it looks decent.
Curt M: Its got the 20 MA up through the 200 on the 3 there
Curt M: SQZMOM not confirming
Optionsavvy: SPY at hard res 234.35 imo
Curt M: agree
Optionsavvy: next res above have marked is 234.15
Optionsavvy: oops 235.15
Curt M: yup
Optionsavvy: SPY trying
Curt M: there was a decent block there just now
Optionsavvy: mkts going to run now. my QQQ is HUGE now oops
Optionsavvy: DOW might get a bump here next major res 20745
Flash G: All my charts repaired in Tech and some on DOW too now.
Optionsavvy: move failing. may try some IWM puts now
Sammy T: $URRE tape coming alive
Optionsavvy: that auto loan default comment on your feed sounded a LOT like what they were saying in 05-07 about housing. its an asset and has a tangible value. think we all know how that worked out
Sammy T: yes
Flash G: Doesn’t look good the autos. Canadian housing prices too.
Flash G: Toronto and Vancouver.
Flash G: $GOOGLE strong now
Optionsavvy: cyclical trade would be short GM and F . auto values will collapse and noone buying anything
Flash G: $SPY still might take off from here.
Flash G: 50 MA about to cross up through 100 on the 3 there you never know
Optionsavvy: imo DOW would have to get moving for anything meaningful to happen today
Flash G: Thats a fact
Optionsavvy: starting to look like I’m heading to golf course early 🙂
Flash G: Well enjoy! I will be in the scotch at 1PM for an early tip.
Optionsavvy: this AXSM is setup nicely. got long it early in the week but might cut it loose if it doesnt wake up soon
MarketMaven: haha I’d like to see you take a puff Flash
MarketMaven: that would be funny
lenny: $CERU hit scan
lenny: $ESEAS gets a buy rating
lenny: $CNBX adding here
Optionsavvy: ok stepping away for a bit. stop back later GL all
Curt M: k
Flash G: Going for lunch
MarketMaven: Me too
Curt M: Theres not enough juice in the market to do chart reviews today so I am setting that off to first day back next week.
Sammy T: I agree.
Flash G: Thats good because I want out early I think.
Flash G: Still convinced SPY take off soon.

Sammy T: on lunch
Curt M: $USRM 5MM Funding news
Hedgehog Trader: $THM volume picking up (Alaskan goldie like $NAK)
Hedgehog Trader: i wonder if $LIT fills the gap before the next run begins
Flash G: Like $LIT
Hedgehog Trader: platinum trading at a good discount to gold $PPLT
Hedgehog Trader: miner $PLG a nice entry
Sammy T: so slow
Flash G: $TSLA
lenny: Curt – your $LIGA call hit.
MarketMaven: yup thats a good one – still in
Curt M: yepp
lenny: BLDP HOD
lenny: $CBIS +35%
Flash G: $TSLA the start f the ramp imo. Then $GOOGL and the others between close now and Monday EOD and all repaired.
Flash G: my theory
Hedgehog Trader: folks look at that MJ breathalyzer play i mentioned yesterday $BLOZF
Hedgehog Trader: volume increasing and a spike earlier
Hedgehog Trader: going to really run
Curt M: Looked at it last night
Curt M: Its bullish
Sammy T: ya nice chart
Flash G: I kept chearing for it but no luck today:) $SPY
MarketMaven: Positive man. Who knows maybe Monday if more bombs don’t go off.
Hedgehog Trader: Venus retrograde ends Saturday, so i expect hostilities to wind down
Sammy T: awesome
Hedgehog Trader: yeah it’s been going on 6 weeks so i think we’ll start to see better business news and improved foreign relations, translating into a big mkt rally as a sigh of relief
Hedgehog Trader: is exhaled
Curt M: Thats what I’m expecting Nich. Tough day to get grip. I did lots of swing trade babysitting but no daytrading.
Hedgehog Trader: yeah a good day to sit on the deck with a drink
gary y: I like this chat better than the tradinview one lol

Curt M: haha
Curt M: a lot of chatter
gary y: they’re all over the place
Flash G: Was going to say.
Shafique: I should jump in an rattle their chat once in a while.
Shafique: actionable is better
Hedgehog Trader: mmmm chocolate cake
Sandeep: Speaking of action… I took your $LIGA call Curt – like it a lot and I like $BLOZF thanks Nich
Hedgehog Trader: cool Sandeep, it’s been showing great relative strength BLOZF
Hedgehog Trader: vs sector
Hedgehog Trader: plus, it’s essentially a technology play with little risk regarding actual MJ
Sandeep: great
Sandeep: actionable is better too I agree
Sandeep: as the chat grows try and keep it that way
Curt M: yes
Curt M: in slow times I’ll feature chat rooms from around the world on the monitor lol for laughs
Curt M: but actionable I agree is the nly way when you’re in it to win it
Hedgehog Trader: emerging mkts are also strong i love $GREK
Hedgehog Trader: it completed a long 4-5 year bear mkt and has been consolidating since
Hedgehog Trader: but it’s been edging higher and is set to break out
Hedgehog Trader: you’ll never see a CNBC special on buying Greece guaranteed lol
Curt M: ha
Hedgehog Trader: i imagine we’ll see Gartman shorting the entire world by week’s end
Hedgehog Trader: long term charts of $GREK and $NBGGY look ready to do some serious rampaging
Hedgehog Trader: $THM major volume
Hedgehog Trader: now over 50 dma
Hedgehog Trader: mentioned it yesterday
Curt M: $IMGN one of the only good looking charts from the leaders today IMO
Curt M: even that isn’t great
lenny: $RTRR for Monday
eddie: off to buy eggs:) see ya mon
Curt M: cya eddie good to have ya back
Hedgehog Trader: ciao Eddie
Curt M: Well theyre going to leave $SPY on the pivot:)
Curt M: cya monday folks have a great easter
MarketMaven: bye bye
Hedgehog Trader: bye MM gary Curt
gary y: see you later

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Article Topics: $OCRX, $EYES, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX – $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 Wednesday April 5, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $PLUG, $CALI, $INNL, $USOIL, $WTIC – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc 

Intro:

Compound Trading is trading group involved with day trading, swing  trading and algorithmic model chart trading.

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at. 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:

New lead trader blogpostWhen You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.

Big Changes: Even though we post my trades and trading room transcript and video daily (which has been a massive time investment) as of now we are posting intra-day small videos to our Twitter feed and YouTube – every trade as they happen. Each will have details of setup and reasoning for each trade. We will still post complete trading room session to Youtube also.

If you missed it, here is the Previous Day Stock Trading Results Tuesday April 4 (public):

Premarket Trading Plan – Watchlist (member) for Wednesday April 5 session can be found here:

The Weekly Simple Swing Trade Charting (public) is out. This week however had a lot of indecision in the charts:

Swing Trading Simple Charts (Public Edition) Apr 2 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY

Swing Trading Newsletter (member) is Published:

Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:

Premarket watch-list for me was all about: 

$PLUG Premarket up 63%. Plug Power.

$INNL Premarket is up 43% #tradingplan #stocks #daytrading

In play today in chat room and on markets:

$PLUG, $INNL, $BLDP, $USOIL, $WTI, Oil Plays on watch. Premarket watchlist.

$PLUG, $CALI, $INNL were the momentum plays on the day.

$PLUG I traded later in the day for a 1 cent loss on 10000 shares and $INNL I had on the swing trading side of our platform and on the daytrading side. The swing side we sold during premarket and I held 2000 shares on daytrading side hoping for a premarket pop and didn’t get it. Both I sold for a profit because I took the trade the afternoon before long for the swing and the news came out that night. Reminded me of the $VHC play last year (same thing happened) but in that instance I went in with 60% of my portfolio. Huge win then. $CALI I didn’t trade.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) –   $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (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. I am now 95% cash in daytrading account.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
PLUG 2.25 73.08% 135165700 Top Gainers
CALI 4.04 41.75% 14341126 Top Gainers
INNL 2.19 20.33% 16645566 Top Gainers
EVI 21.90 14.36% 57709 Top Gainers
PNRA 312.94 14.21% 12161000 Top Gainers
SCON 1.46 14.06% 1189979 Top Gainers
WCST 2.60 14.04% 357524 New High
BKJ 16.65 7.77% 18600 New High
SXE 4.08 11.48% 712500 New High
AUXO 6.00 8.30% 765294 New High
FIZZ 85.45 -0.06% 435207 Overbought
WHLR 13.30 -3.20% 141218 Overbought
TGC 1.05 50.00% 5889226 Unusual Volume
CALI 4.04 41.75% 14341126 Unusual Volume
UNIS 0.31 -75.25% 7603524 Unusual Volume
VII 0.96 152.63% 4885300 Unusual Volume
AU 11.85 1.72% 4412400 Upgrades
GBX 47.25 10.01% 3848700 Earnings Before
SYNL 12.30 1.65% 30934 Insider Buying

The Markets Looking Forward:

We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.

Algorithmic Chart Model Trading / News:

Epic the Oil Algo was at it again with a crazy price target hit to the penny and exact time at Wednesday #EIA report time at 10:30 AM. That call was made Sunday for that exact time and price Wednesday and what made it more interesting was how oil literally fell from the sky and landed right in the middle of the target. We caught it on video.

#EIA Price hit target exact time & price called Tues 10:30. Crude algo. $USOIL $WTIC $CL_F $USO $UWT $DWT #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:

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

Simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

NA

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Silver $SLV:

Crude Oil $USOIL $WTI:

849631751106199554

EPIC the Oil Algo Killing it as usual:

Price hit target centre exact time and price called for Tues 10:30. Crude algo. FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

Volatility $VIX:

$SPY S&P 500:

$NG_F Natural Gas:

NA

Live Trading Chat Room Transcript: (on YouTube Live):

2 Part video (Part 1 embed below go to our Youtube channel for Part 2)

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.

Leanne: good morning
Sammy T: hey chick mom trader beast leanne!
Sammy T: seen your win
Sammy T: congrats
HedgehogTrader: hi, nice on INNL
Sammy T: ya Leanne nailed it
Leanne: Hi Sammy, not yet, I can’t trade pre market so didn’t sleep much
Sammy T: I did too and I think Lenny
Leanne: besides Curtis gets all the credit
Sammy T: dont do that lololol
Leanne: I do way better not trading anything in the am and waiting til later in the day
Sartaj: Okay, I’m ready
Curtis M: On mic premarket review >>>>>>>>
Leanne: not sure where it’s going to go or what my plan should be in 10 mins on it. thoughts?
Leanne: I was up but can’t trade pre market
optionsavvy: gm
Sartaj: Good morning
optionsavvy: WILN from last week may actually go now. not a whole lot of charts on my scan
optionsavvy: CL_F strong headed to 53. any small drillers you guys like ?
optionsavvy: ERF driller irreg vol pre with bid above yesterday close
HedgehogTrader: watch $FCEL
optionsavvy: gm
optionsavvy: INNL into supply here. RR not in favor of long imo
optionsavvy: ty
Sartaj: PreMarket Review over, Curt?
optionsavvy: trying PSDV . same sector as INNL . PSDV on support but going to cut it loose below 1.65
Leanne: you are not old
optionsavvy: INNL looking for supp mid 1.9s
optionsavvy: mid term imo
optionsavvy: 3/15 confirmed
optionsavvy: CHK trending
Sartaj: Want this recorded, Curt?
optionsavvy: lots of green in my small oil driller WL
Curtis M: Drillers look great
Curtis M: Long 2.17 add $INNL to yesterday
optionsavvy: ESES not bad RR but needs vol
Curtis M: 1000 share add $INNL sorry
Curtis M: $TGC halt violation
optionsavvy: SPY into res here. watch for turn so not a place to put on longs imo immed time frame
Curtis M: $AMZN swing hammer nice on that swing
Curtis M: $QCP halt
Curtis M: $QCP News pending
Curtis M: Stop on $INNL 1.95 looking for break of res
Curtis M: $CHK does look good
optionsavvy: INNL 2.53 top of bracket imo
optionsavvy: QQQ AT highs ?
HedgehogTrader: when the fuel cell stocks run like PLUG is you follow BLDP also and FCEL which is close to busting out
Curtis M: $CBIO tape bullish
lenny: Can’t get enough of $TSLA #AMZN just asying
Curtis M: Oil getting really close to resistance now
Curtis M: If it comes off res and goes in to downdrift the fuel cell etc plays likely will too
optionsavvy: FRSH into a spot to short imo
optionsavvy: re running scans now. nothing I like
optionsavvy: MEMP pretty chart pattern but I dont trade sub 1 stocks so
MarketMaven: Short $CALI
Flash G: $VRTX HOD
optionsavvy: not from scan but digging through old WL and SCON shows up. nice looking chart
Flash G: $CVS blocks this morning
Curtis M: $TGC halt
optionsavvy: starter short SPY
optionsavvy: may have jumped the gun a little on SPY short but ready to add
HedgehogTrader: fwiw my signals are getting a mkt upturn close to apr 6th
optionsavvy: added SPY short . now half size
Curtis M: $SPY hit our first primary upside price target extension perfect there…. there’s one more not far above but that’s the main one.
Leanne: 16 yr old just walked into my office and looked at your screen, thought it was an art project!
Sartaj: Not the first time we have heard that. Mathematics and Art are cousins
optionsavvy: I have 237.24 and 237.56 is the max an prem entry short . above that long again
Curtis M: Oil report on deck in 15 mins
Curtis M: Grabbing a quick coffee for that event
MarketMaven: Closed $CALI
MarketMaven: Watching $KONE
Curtis M: On mic in 3 mins for oil report
Sartaj: Great. FYI, for anyone curious.. putting together $INNL snippets onto YouTube through the afternoon
Curtis M: on mic>>>>>
Curtis M: #EIA report
Leanne: Thanks all, have to leave for a bit, back after lunch
Curtis M: kkk
Sartaj: Great snippet, Curt
hais: what is the target for friday?
Sartaj: Look at the end of the wedge. There is a likelihood for price to reach the upper target intersecting at the yellow and red-dotted line, and then falling down to the lower target
optionsavvy: starting to look like I chased SPY down the rabbit hole 😐
Curtis M: Off mic >>>>>>>> #EIA report $USOIL $WTI EPIC the Algo Review
HedgehogTrader: hey, i did say i was picking up a SPY turn 🙂
Curtis M: $SPY price was .03 over our upside price target extension
Curtis M: Top of dotted red line was the price target
HedgehogTrader: looking for a kitchen sink rally w oil, spy, speculative stocks, you name it
optionsavvy: been noticing staffing companies trending and showing up on scans. may be a cyclical trade coming soon in sector
optionsavvy: DHX on scan just now
Curtis M: I’m going to have to wait for crude to get back to top of channel to short or bottom of channel to long – I missed my chance ugh mid channel isn’t the best place
optionsavvy: mkts could fall out of bed right here and my feelings wouldnt be hurt 🙂
optionsavvy: TF breaking down
Curtis M: Well that was a little crazy. The oil traders got a little excited on DMs there. They actually followed EPICs instructions and nailed that long to channel resistance and then the short kaboom – what a play. I missed lol
Curtis M: I’m the one charting it and I miss it how does that work?
Curtis M: Ca;t teach stupid. hahaha
MarketMaven: 🙂
MarketMaven: jokes
MarketMaven: Someone thumbs down EPICs video hahaha oh ya right I’d like to see you do that buddy
Curtis M: really hmmm kids
Sartaj: https://youtu.be/LOW5ltNoc_0?list=PLTeUfxpy0iabQ3uQYO8aAbX2hG_NcbJCX In case anyone wants to prove that naysayer wrong 🙂
Sartaj: You just can’t impress people sometimes… that video captured the target hit in real time.

Sartaj: Refresh the pages, Curt. That should work
optionsavvy: IV on puts starting to inflate as if a down move is becoming more probable in mkts
Hedgehog Trader: FCEL huge volume building
Curtis M: Going to reboot hopefully I don’t lose ya
Curtis M: $CGI halt
Sartaj: $CGI resumed
Curtis M: $CGI long 5.26 1000
Hedgehog Trader: $NAK back at 200 dma
Curtis M: 5.28 correction
Curtis M: On mic >>>>>
Curtis M: Out at 5.26
Sartaj: Deploying to YouTube
Curtis M: No need t o publish no
Sartaj: Okay
Curtis M: rebooting
Curtis M: 1000 $PLUG 2.26 for a pop will scale if confirms. Simple time of day.
Curtis M: Wow interent throttled hard today
Curtis M: Long 4000 $PLUG 2.24
Sandra: $QSR cup and handle set up looks good
Curtis M: FOMC at 2 so maybe we get action shortly thereafter
MarketMaven: In $OLUG here
MarketMaven: $PLUG
MarketMaven: 2.267
Curtis M: Looking for 2.50 for possible add
Curtis M: $VIX has died
Curtis M: Long $PLUG 5000 2.293
Curtis M: On mic >>>>>>>>>>>>>>>
Curtis M: My $DUST swing up 3.3% hope it continues
Curtis M: $JNUG got hammered today
Hedgehog Trader: i think DUST is going to get dusted
Curtis M: Selling in to the news
Hedgehog Trader: NAK at 200 dma
Curtis M: lol
Hedgehog Trader: i get turn for miners
Curtis M: just made me laugh first time today
Hedgehog Trader: who, me?
Curtis M: yup
Curtis M: you dust comment
Hedgehog Trader: ha
Hedgehog Trader: EXK pulled back and filled gap
Hedgehog Trader: for those who want a kick ass silver miner
Curtis M: I’m watching DUST with awe
Flash G: My $TSLA
Hedgehog Trader: btw Flash, my forecasting signals get giant move in $LTBR starting around apr 5-6
Hedgehog Trader: if it starts to turn up with oil, energy sector, we’ll see a kaboom
Curtis M: SQZMOM on $PLUG getting greenish lol come on
Curtis M: Scott Gottlieb is at the Senate Confirmation Hearing #FDA #TRUMP pick
Hedgehog Trader: DUST going down
Hedgehog Trader: EXK going up
Hedgehog Trader: perfect gap fill

Curtis M: Is your monitor working right?
Sandra: Gold bugs
Sartaj: Quick coffee break brb
Curtis M: kk
Curtis M: $SICK halt
Hedgehog Trader: if my trade goes the wrong way i’ll turn my monitor upside down
Hedgehog Trader: lol never heard of that ETF
Curtis M: $SICK is the Gotlieb factor at work
Sartaj: Back
Curtis M: $PLUG looking good here
Curtis M: MACD turned up
Hedgehog Trader: in 2013 PLUG ran from under 60c to $11 in 3 months
Hedgehog Trader: rode it to about $7
Hedgehog Trader: FCEL and BLDP also tripled or more
Hedgehog Trader: hence i like FCEL here
Hedgehog Trader: FCEL 62M mkt cap
Curtis M: Increasing volume on $PLUG last 4 mins
Curtis M: MACD Stock RSI SQZMOM all look good
Curtis M: On mic >>>>>>>>>>
Sartaj: Do you want that uploaded as an educational piece?
Sartaj: Got about 5 minutes of content there
Curtis M: We may as well finish the trade
Curtis M: its not a lot of value yet lol
Sartaj: I will probably have to snip together these intraday ones later. If you weren’t planning on doing swing or algo reviews, I could work on yesterdays instead. What’s it looking like for the rest of the market hours?
Curtis M: No sure
Curtis M: No reviews just possible trades
Sartaj: Okay
Flash G: Dollar air after FOMC
Hedgehog Trader: copper up strong as i forecast, nearly 3% on day
Hedgehog Trader: watch elite copper junior $TGB
Flash G: Nice one
Curtis M: Got myself in to a tight one – hate these

Hedgehog Trader: $NAK is one and it is on 200 dma
Curtis M: acorns were my fav as a kid for some reason
Hedgehog Trader: are we talking nuts and balls in this room?
Curtis M: right now I’d take a 200 hit hmmmmm
Curtis M: should i stay or should i go
MarketMaven: when in doubt flee
Hedgehog Trader: oh oh oh GDX
Hedgehog Trader: movin on up wheezy
Curtis M: oh oh
Leanne: Curtis, I’m just getting back and trying to catch up, are you in PLUG?
Curtis M: yes
Hedgehog Trader: bad boy bad boys whatcha gonna do when the Hedgehog comes for youuu (DUST longs)
Curtis M: 10000 shares avg 2.265 I think but I might cut for loss
Curtis M: its ughhhhhhhhhhhh boring
Curtis M: tonight doesn’t look good to hold in to
Curtis M: sentiment isn’t great out in the winds of the market imo
Curtis M: and miners I feel worst for them
Hedgehog Trader: $ICLD turning up
Hedgehog Trader: don’t feel bad for miners, face ripper coming
Flash G: Red – $IBB
optionsavvy: value broke on indexes ruhh rohh
Curtis M: doesnt look great but you know… they’ll ust make PPT work overtime
Curtis M: poor miner bulls trapped again
optionsavvy: taking half SPY Puts off here
optionsavvy: ride rest for free
Curtis M: nice
optionsavvy: <bows gracefully>
Curtis M: Ride or Die
Curtis M: lol
Curtis M: OK! Giddy up!
Curtis M: $PLUG time
Curtis M: MACD Volume SQZMOM ready
Curtis M: There we go
Curtis M: torture today lol
Curtis M: ballz
Curtis M: what is with the interenet today wow
Flash G: Trimming some excess long swing trades in to EOD all winners. Has been good this year.
Curtis M: We had a good run on those swing Flash from late Dec to now.
Curtis M: I think I did 45% or so and you likely more.
Flash G: No, I am at 38%
optionsavvy: I may have to take the exit on rest of SPY this was a bit of a lucky trade
Sartaj: Seems like a theme today
MarketMaven: Your daytrading is better than that though Curt
Curtis M: That was a disciplined trade imo
Curtis M: $SPY at res and oil at res kinda obvious looking back but at the time…. things always clear in reverse
optionsavvy: agree but DOW divergence from NASD is what tipped me off to trade. IWM was strong when I took the SPY otherwise that would have been my pick
optionsavvy: old futures guy beat into me that when the NASD diverges strong and DOW isnt playing along be very careful
Curtis M: makes sense
Curtis M: okay i have to bail on $PLUG this stoch rsi turn up its 3:29
Curtis M: time not on my side
Hedgehog Trader: Curt GDX
Hedgehog Trader: popping up
Curtis M: poor miner bulls i really feel deeply for them
Curtis M: ok GIDDY UP $PLUG
Sartaj: lol
Hedgehog Trader: $DUST exhibiting cement boots chart pattern
Curtis M: I’ll fix that chart next lol
Curtis M: I am out 10000 down exactly 1 penny
Sartaj: Phew
Curtis M: stupid waste of time lol
Hedgehog Trader: late buyers are getting plugged
Curtis M: lol
Curtis M: Might be time to short $VIX soon
Curtis M: Whomever reads this transcript PLEASE BE ADVISE there was a lot of sarcasm in here today. Fed day.
Curtis M: Ok if miners get 24.17 I’m all in long if its in the box that it hits 24 . 17
Curtis M: until then I’ll hold $DUST
Curtis M: how do you like them ballz? hedge? u there? lol
Flash G: He fell asleep
Curtis M: Ah huh! That would likely coincide with 200 MA test
Curtis M: oh well missed the bad news muhahahaha
MarketMaven: 🙂
Hedgehog Trader: back
Hedgehog Trader: i had to tickle someone
Curtis M: read transcript then I will show you magic chart
Hedgehog Trader: i’m all about the magic
Curtis M: Miners need 24.17 or they’re dead
Curtis M: at minimum sideways
Curtis M: in the box
Curtis M: they don’t get it in the box it’s down
MarketMaven: he fell asleep
Curtis M: Now the internet is speedster
Hedgehog Trader: i know about 24
Hedgehog Trader: lol
Curtis M: did you see the chart?
Hedgehog Trader: yes sir
Curtis M: our SPY calculations have been spot on for months – should have traded it everytime
Curtis M: trusting the math…. takes time
Sandra: have a good nihgt all
Curtis M: cya sandra
Hedgehog Trader: GDX:GLD ratio nice uptrend since early march dip
Curtis M: good night john boy
Curtis M: need to make 2000.00 tomorrow today was meh
Curtis M: see ya later guys
Hedgehog Trader: ciao and thanks Curt
Sartaj: See you all later
Flash G: bye all

 

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Article Topics: $PLUG, $CALI, $INNL, $USOIL, $WTIC – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM – $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