Compound Trading Trading Plan and Watch List Monday May 7, 2018.
In play in this issue: Iran, OIL, $DARE, $EARS, $AAPL, $TSLA, $FEYE, $JD, $SNAP, $AGN, $AMBA, $PG and more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notices:
All reports will be out Monday and Tuesday. Delayed this week with coaching visitors.
Quick Update: Reporting, Live Rooms, New Team Members, Pricing, Discounts, Trade Coaching, New Book https://compoundtrading.com/quick-update-reporting-live-rooms-new-team-members-pricing-discounts-trade-coaching-new-book/
What’s New at Compound Trading April / May 2018. https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
EPIC (Oil) Members Note: Weekly #EIA Oil Trade webinar 10:30 AM ET Wed in main trading room (contrary to my previous posts).
Price Increase: Platform wide price increase May 15, 2018. Does not affect existing members that have not let subscription expire.
Machine Trading: May 15, 2018 the new three person teams starts. Mandate: Intelligent Assisted #IA Trading Platform / Code Algorithm Models, Run 24 Hour Crypto Trading Desk, Alert Trade Set-ups to Member Alert Feeds and near future Machine Learning.
Notes in red text below are new comments entered specifically today (or recently important).
Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Real-time Alerts for Oil, Gold, Swing Trading, Day Trading, Bitcoin are now available by following specific alert Twitter feeds.
Disclaimer / disclosure: Every subscriber must read this disclaimer.
Reporting and Next Gen Algorithms:
BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email or DM us!
Connect with us on Discord.
https://twitter.com/CompoundTrading/status/880670140454637569
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
https://twitter.com/CompoundTrading/status/927397024315662336
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 Chart / Trade Set-Ups:
See You Tube for other recent video posts.
Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.
Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)
Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading
Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts
Trade Set-ups $SPY, $NFLX, OIL, $WTI, $ESPR, $GOOGL, Bitcoin, $BTC, $FEYE, $AAPL and more.
Trading Set-Ups $SPY, Gold, $GC_F, $GDX, Bitcoin, $GOOGL, $EVLV, $HEAR, $CHEK, $MARA, $PRTA, $ZDGE
Trading Set-Ups $NETE, $TSG, $ETH Ethereum, $BTC Bitcoin, $TAN, $HEAR, $AMMJ, $SNAP, $VLRX
Trade Set-Ups OIL, $WTI, $SPY, $GOOGL, $FSLR, $AXP, $GREK, $CELG, $AAOI, $SDRL, $WFT
Recent Educational Articles / Videos:
Want to learn how to trade stocks for consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … … #freedomtraders
Visit the Trading Educational and Analysis Play List at this Link on our YouTube Channel
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Trading Plan Includes: $DARE and $EARS are the premarket movers. $JD targets hit, trim ER. Watching $SNAP and $PG for a wash out snap back, $AAPL play we’re in already, $JD play we’re in and in to earnings, $TESLA managing the trade, $AGN per special report, $AMBA per special report, $BTC hit price target (late) and has come off – watching daytrading time cycle peak in to May 9, watching Gold (for add long side alert) and Silver for possible long side, $SPY and $DXY per reports of late. Oil is breaking previous highs at 3 year highs and models suggest 74.50 area is difficult resistance on FX $USOIL $WTI. Trading 70.58 intra.
Stocks making the biggest moves premarket: $BRKB, $AAPL, $WFC, TSLA, $TSN, $GPT, $BX & more https://cnb.cx/2rvK7WT
Stocks making the biggest moves premarket: BRKB, AAPL, WFC, TSLA, TSN, GPT, BX & more https://t.co/uo3pTIRhIa
— Melonopoly (@curtmelonopoly) May 7, 2018
$JD 37.75 target hit trading 38.45 in premarket with ER on deck. Trim longs reposition after ER. Nice trade.
Market Observation:
As of 8:50 AM: US Dollar $DXY trading 92.57, Oil FX $USOIL ($WTI) trading 70.64, Gold $GLD trading 1313.31, Silver $SLV trading 16.45, $SPY 262.2, Bitcoin $BTC.X $BTCUSD $XBTUSD 9334.00 and $VIX trading 15.4.
Recent Momentum Stocks to Watch:
News:
Recent SEC Filings:
Recent IPO’s:
Earnings:
#earnings for the week
$NVDA $DIS $JD $VRX $ROKU $CTSH $PETS $TSN $SYY $WB $AMC $EA $GRPN $ETSY $MTCH $BKNG $MCHP $AAOI $ICPT $TWLO $SRE $LPX $ENB $SN $ETP $TSEM $ALB $KOS $MNK $TTD $ICHR $DNR $OAS $MNST $MELI $SINA $MAR $TEUM $BUD $DISCA $ARQL $CTL
#earnings for the week$NVDA $DIS $JD $VRX $ROKU $CTSH $PETS $TSN $SYY $WB $AMC $EA $GRPN $ETSY $MTCH $BKNG $MCHP $AAOI $ICPT $TWLO $SRE $LPX $ENB $SN $ETP $TSEM $ALB $KOS $MNK $TTD $ICHR $DNR $OAS $MNST $MELI $SINA $MAR $TEUM $BUD $DISCA $ARQL $CTL https://t.co/r57QUKKDXL https://t.co/MH3qVcVQ6Z
— Melonopoly (@curtmelonopoly) May 6, 2018
Trade Set-up Alerts & Reports. Recent / Current Holds, Open and Closed Trades:
Here is how the technical set-up appears on the daily chart for $AMBA in advance of the earnings trade. #swingtrading
Here’s your technical chart set-up for trading Tesla $TSLA.
$AGN time cycle expires June 4 and they present soon. And it’s a massive time-cycle completion. Notes on chart. #swingtrading
This Facebook wash-out snap-back trade should be in our trading library for eternity imo. Textbook clean. Getting stretched now. $FB
$SSW trade going really well. Target in play 8.82. #swingtrading
100 Day Moving Average on Monthly Oil Chart logical price target. $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT
Market Outlook, Market News and Social Bits From Around the Internet:
Keep your eye on the ball. Keep an Eye on These 10 Stocks Monday.
https://www.thestreet.com/markets/five-things-to-know-before-market-opens-on-monday-14580213
Keep your eye on the ball. https://t.co/4c1Jmn0oG1
— TheStreet (@TheStreet) May 7, 2018
#5things
-Iran deadline
-Oil over $70
-Mueller interview “a trap”
-Markets rise
-Another big week for U.S. bonds
https://bloom.bg/2HYsIvT
#5things
-Iran deadline
-Oil over $70
-Mueller interview "a trap"
-Markets rise
-Another big week for U.S. bondshttps://t.co/ZybGNH33cv pic.twitter.com/Az9rcVDxGR— Bloomberg Markets (@markets) May 7, 2018
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 much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. 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 Charting Model 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: $DARE $EARS $GPT $KOOL $NOG $ACHV $UAVS $MTBC $CLWT $SCYX $CRNT $QURE $CHEK $MSCC $DNR $UWT $PTLA $CLDR $APRN $SBUX $VRX $NVDA $NOK
(2) Pre-market Decliners Watch-List :
(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 $WTI ($UWT, $DWT, $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), $BTCUSD Bitcoin.
(5) Recent Upgrades:
$FEYE FireEye, Inc (FEYE) PT Raised to $16 at Wedbush; ‘1Q Beat Keeps the Candle Lit’
$FEYE FireEye, Inc (FEYE) PT Raised to $16 at Wedbush; '1Q Beat Keeps the Candle Lit' https://t.co/Ia0NXVDEhK
— Melonopoly (@curtmelonopoly) May 7, 2018
(6) Recent Downgrades:
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: $BTC (@CryptotheAlgo) $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: Premarket, Watchlist, Stocks, Trading, Plan, Iran, OIL, $DARE, $EARS, $AAPL, $TSLA, $FEYE, $JD, $SNAP, $AGN, $AMBA, $PG