Compound Trading Chat Room Stock Trading Plan and Watch List for Tuesday August 1, 2017 $ $LL, $CBMX, $HUSA, $OMVS – $SSH, $LGCY, $TRCH, $ESEA, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, 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!
Notices:
Notes in red text below are new comments entered specifically today.
Today’s Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Live Alerts for Oil, Gold, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to [email protected] and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it.
Disclaimer / disclosure: Every subscriber must read this disclaimer.
Private Fund / Personal Trading Going Forward:
Starting Tuesday I will be trading for our private fund (as mentioned in the trading room and on recent Master Class video) which will bring some slight changes.
The financing or our business build-out was planned to occur by way of either retail memberships, institutional memberships or private fund trading. The retail market is still early and slow on the uptake of the requirement toward #IA intelligent assisted trade (within six years they will all need it, but until then we’re not waiting and we’ll just be ready on the other side of that awareness curve). The institutional membership growth has been very positive and to be sure we meet our growth trajectory goals (development completion timeline targets for launch of intelligent assistance algorithm models) we are engaging the implementation of our private fund.
A few things of consideration:
- Following my trades is never condoned. Trade alerts are for the purpose of alerting awareness to something important occurring so that a member can form a thesis of trade and they are also for the purpose of learning when I win and win I fail. This (following trades) will be more difficult going forward because my frequency of trade will considerably increase.
- Trade Alerts. The trade alerts (swing and day) are not guaranteed at any time (in and/or out) however, it is important to note that with a much higher frequency of trade I will be alerting only those trades I expect to last a few hours or longer. If you ask me for targets or thesis type questions on the alert feeds or otherwise it is unlikely you will receive a response. Trade review videos will be posted for that purpose as required.
- Type of Trades. I will be trading the algorithm models (the six we have), day trading and swing trading for the fund.
- Trade Sizing. When I alert to the trading room or on a feed I will be alerting the size only specific to the membership base trading. In other words, the size of trade for our private fund will not be disclosed.
- ROI Objective. I will be trading under the goal / target of returning 100% per month (which is near impossible, especially for the 24 month period I will be trading). 50% would be very good and 25% is my minimum goal. So at minimum I am looking for 25% ROI per month compounded over 24 months. The fund size will not be disclosed.
- Term of Project. The term is 24 months (as mentioned above). It is a personal & stakeholder legacy fund / goal retirement project. Others I train as we progress may continue the legacy fund thereafter in some form or another.
Reporting and Next Gen Algorithms:
Rosie Gold $GLD $GDX algorithm has entered Generation 4 modeling (that is EPIC the Oil Algo level), $SPY and $DXY are entering Generation 2 modeling in August.
New GOLD alerts Twitter feed is @GoldAlerts_CT
Post market catch up posts still on to do list (we have about thirty from last quarter to post for transparency). Hopefully going forward now that we aren’t releasing any new algorithm models etc I’ll be able to get the rhythm of reporting cycle fluent / regular. It was the development / math etc of the models that took most of the energy so it should be good going forward. Between now and Christmas we’re just locking in what we have tighter and tighter so it sounds like a good plan:)
Quarterly PL’s are in process.
Master Class Charting Series Webinars:
Master 2:00 PM every Tues, Wed, Thur, Fri from 2 PM to 3:30 PM until complete. All members receive a copy in their email inbox as we progress. Full series will be posted to website at a cost of 2999.99. Early adopter members (anyone to date as of Tuesday when it starts) receives it free.
If you are a member that has received the video series and you ask me questions in the trading room, on DM, email etc that has the answer contained in the Master Class Series I will defer you to the training videos going forward:) That actually goes for any of the published reporting FYI.
Connect with me on Discord.
https://twitter.com/CompoundTrading/status/880670140454637569
Recent lead trader blog / video / social posts:
Master Class Video 6 has been sent to member email inboxes. It is published as “unlisted” so please respect that.
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
https://twitter.com/CompoundTrading/status/889148655785177088
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
https://twitter.com/CompoundTrading/status/889147527278333952
Recent Mid Day Chart / Trade Set-Ups:
July 31 Mid Day Trade Chart Set-Up Review $NATGAS, $FSLR, $OMVS, $CYTR, $DVAX, $XXII, $SBBP …
July 28 Chart / Trade Set-Ups $SBUX, $WIX, $CCJ, $GLD, $XXII, $UCTT, $FSLR, $IGMN, $BIDU, $ALGN …
July 27 Mid day chart set up review $DVAX, $MBRX, $GNC, $PDLI, $LPSN, $ESPR, $SENS, $R, $SNAP
https://twitter.com/CompoundTrading/status/846494014635429888
The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.
https://twitter.com/CompoundTrading/status/841078264537993218
Trading Plan (Buy, Hold, Sell) and Watch Lists.
Morning Momentum Stocks on Watch: $CBMX, $LL, $HUSA, $SHOP
Other Gaps of Note Premarket:
Short term bias toward / on watch:Oil $USOIL $WTI came off resistance, $DXY US Dollar held support, Gold / Silver moderate ,. $SPY moderate and $VIX moderate – there is a general time / price cycle terminating now-ish and a serious one early to mid Sept… so I am watching closer as summer rolls on.
OTC on watch: $OMVS
$OMVS On the move… to say the least. #OTC pic.twitter.com/QIcbPRKt3Z
— Melonopoly (@curtmelonopoly) July 31, 2017
Recent SEC Filings to Watch:
Some Earnings On Deck: $AAPL $AEGN $BGFV $BOOT $DVA $DXCM $ELNK $EYES $FANG $FEYE $GLUU $GNW $HLF $ILMN $MTCH $MTSI $OKE $PAYC $PXD $PZZA $SPWR $VRSK
Recent / Current Holds, Open and Closed Trades: $UGLD (closed in premarket July 31 small gain), $FEYE (closed for nice gain), $SRG (closed for nice gain), $NFLX (closed for huge gain), $IPXL (closed for gain), $AKCA (closed nice gain), $MCRB (closed small gain), $WMT (closed excellent gains), $UUP (closed small loss), $BWA (closed tiny loss), Holding: $UGLD. All other holds are small size (less than 5% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (all not including select swing trading or algorithm charting trades).
Nice. $UGLD 3x Gold ETN up 2.56% yesterday #swingtrading pic.twitter.com/pseULq4Uy0
— Melonopoly (@curtmelonopoly) July 27, 2017
$HIIQ closed yesterday 28.95 from 23.90 long.
$HIIQ closed yesterday 28.95 from 23.90 long. pic.twitter.com/XlfyMJNnoq
— Melonopoly (@curtmelonopoly) July 27, 2017
$IPXL closed yesterday 19.30 from 18.87.
$IPXL closed yesterday 19.30 from 18.87. pic.twitter.com/2o2n3sU6on
— Melonopoly (@curtmelonopoly) July 27, 2017
$WMT closed yesterday 78.76 from 74.81.
$WMT closed yesterday 78.76 from 74.81. pic.twitter.com/BX1U2eu1tv
— Melonopoly (@curtmelonopoly) July 27, 2017
$AKCA closed yesterday 14.53 from 12.53 entry.
$AKCA closed yesterday 14.53 from 12.53 entry. pic.twitter.com/H1QC04yuOj
— Melonopoly (@curtmelonopoly) July 27, 2017
$MCRB Opened long 14.00 closed 14.16 didn’t act right #swingtrading
$MCRB Opened long 14.00 closed 14.16 didn't act right #swingtrading pic.twitter.com/LyaUZKruBB
— Melonopoly (@curtmelonopoly) July 25, 2017
$AAOI That was a nice $3000.00 win – again decent ROI. 9 days to ER and it’s scraping the ceiling again! wow! trading 95.63 #swingtrading
$AAOI That was a nice $3000.00 win – again decent ROI. 9 days to ER and it's scraping the ceiling again! wow! trading 95.63 #swingtrading pic.twitter.com/92vIa2Ghtv
— Melonopoly (@curtmelonopoly) July 25, 2017
$SPWR Open 10.52 closed 11.30 1000 for $800.00. Nice ROI. Trading 11.06 with ER in 7 days and in the bowl. #swingtrading
$SPWR Open 10.52 closed 11.30 1000 for $800.00. Nice ROI. Trading 11.06 with ER in 7 days and in the bowl. #swingtrading pic.twitter.com/aigmPr1MBC
— Melonopoly (@curtmelonopoly) July 25, 2017
$SRG Swing trade went well. 46.06 entry 1000 closed 49.94 and 48.18 from 46.06 (error in other alert) for near $3000.00 gain. #swingtrading
$SRG Swing trade went well. 46.06 entry 1000 closed 49.94 and 48.18 from 46.06 (error in other alert) for near $3000.00 gain. #swingtrading pic.twitter.com/eTWGovCHXq
— Melonopoly (@curtmelonopoly) July 25, 2017
$NFLX NetFlix 159.35 entry closed 188.40 200 for near $6000.00 gain. Trading 187.91 and may go again here. Watching. #swingtrading
https://twitter.com/curtmelonopoly/status/889719084568465408
$FEYE closed 15.76 fr 14.40 entry up $650.00 on 500. ER in 7 days and scraping a break-out level. #swingtrading
$FEYE closed 15.76 fr 14.40 entry up $650.00 on 500. ER in 7 days and scraping a break-out level. #swingtrading pic.twitter.com/UtiUvv3ObF
— Melonopoly (@curtmelonopoly) July 25, 2017
Down about 400.00 on that swing trade test of $DXY support area in $UUP. We’ll see how it handles next support. #swingtrading
Down about 400.00 on that swing trade test of $DXY support area in $UUP. We'll see how it handles next support. #swingtrading pic.twitter.com/ON1QWKFr0W
— Melonopoly (@curtmelonopoly) July 25, 2017
Recent Chart Set-ups on Watch: $FSLR, $COTY, $CCJ, $PDLI, $DVAX, $GNC, $MBRX, $LPSN, $ESPR, $SENS and others. See mid day reviews on You Tube (member only on email also FYI).
We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day. Many of the mid day reviews are published “private” for members only so be sure to watch your email inbox for these among other member only videos.
$CCJ I will look at if it gets up over 100 MA on weekly and proves itself in bowl on daily. #tradingprocess
$CCJ I will look at if it gets up over 100 MA on weekly and proves itself in bowl on daily. #tradingprocess #premarket #swingtrading pic.twitter.com/GqUrUXez5E
— Melonopoly (@curtmelonopoly) July 28, 2017
Market Outlook:
Bullish:)
Market News and Social Bits From Around the Internet:
Auto sales
8:30a
Personal Income/ Outlays
8:55a
Chain Store Sales
9:45a
PMI Manufacturing Index
10a
-Construction Spending
$EYEG EyeGate Pharma Enrolls Initial Patient in Phase 2b Clinical Study of EGP-437 for Cataract Surgery
$HUSA Houston American Announces Initial Production Rate On Johnson State #1H Well And Provides Update On Reeves County Drilling Operations
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).
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: $TDW 115%, $CBMX 48%, $LL 15%, $JAGX $SHOP $ACRX $CTIC $GOGL $EPE $GRPN $BP $S $RACE $SDRL $AAL $SAVE $SNE $DWT I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List : 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) Recent Upgrades: $SOHU $CACC $COG $AAL $COL $HTH $SAVE $CUZ $SO $CIR $NGG $DISCA as time allows I will update before market open or refer to chat room notices.
(6) Recent Downgrades: $OFC $BWP $MGM $IDTI $OIS $REGN as time allows I will update before market open or refer to chat room notices.
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here:$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.
Article Topics: $LL, $CBMX, $HUSA, $OMVS, $USOIL, $WTI, $GLD, $GDX, $SPY, $DXY – $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Premarket, Watchlist, Stocks, Trading, Plan, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY