Tag: Day-trading

Post-Market Mon May 8. Day Six: Two Week Trading Challenge $HOTR, $AXSM, $INXP, $STRP

Curt MelonopolyPost Market Report (Trade Results), , , , , , , ,

Compound Trading Monday May 8, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $HOTR, $AXSM, $INXP, $STRP – $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. We Have Big News About our Oil, Swing Trading, SPY, Gold, and Alerts packages!

https://twitter.com/CompoundTrading/status/861573420613603328

Accepting interest for mods for upcoming 24 hr Oil trading lounge launch [email protected] $CL_F $USOIL $WTI #Oil #Trading #OOTT

https://twitter.com/EPICtheAlgo/status/860210973570850816

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

https://twitter.com/CompoundTrading/status/858970678342451200

Monday was day six of trading challenge.

Prolly biggest week of trading for Q this year so far Having a blast being a guest in the @compoundtrading room for the 2 week challenge!

https://twitter.com/Quarry_Rock/status/861763086021251072

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

https://twitter.com/CompoundTrading/status/858581529727049730

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

Stock Trading Results Fri May 5 – Day Five of Two Week Trading Challenge $TVIX, $OLED, $WKHS

https://twitter.com/CompoundTrading/status/861449936407113729

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 Mon May 8 $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO

https://twitter.com/CompoundTrading/status/861557044809265152

$STRP Straight Path’s stock up 26% premarket after receiving superior buyout bid.

$STRAP, Premarket, Trading, Results, Stocks
$STRP Straight Path’s stock up 26% premarket after receiving superior buyout bid

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 used 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

https://twitter.com/CompoundTrading/status/853551912599400448

Premarket Session: 

Protected: PreMarket Trading Plan Mon May 8… $STEP, $ARRY, $MRK, $CIH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM

Popular: $STRP, $SLV, $COH, $XLRN, $HCC, $PTCT, $INO, $BABA, $FDC, $BCO, $EA, $AME, $SBGI, $MTZ #premarket

Market Day, Chat Room Trades and Personal Trades:

Today I broke so many of my rules. The first two trades I took in $HOTR and $AXSM I went long assuming the momo would go my way not following the indicators AT ALL. And I paid. The stops list were hit – so I paid for my stupidity. It felt like I did when I first learned. Terrible feeling not being in control of your trade.On $HOTR lost 280.00 and $AXSM lost 350.00.

Then later I took a intra-day break out trade in $INPX and completely broke the get out quick rule when the break-out trade goes against you and I held and got VERY LUCKY. Made 1050.00 on it.

If the was a shining star it was in my swing trades from the other side of our platform. But the swing trades and our algorithm model trades don’t count in the trading challenge:)

$HOTR, $AXSM, $INXP

Curt M_1: .63 long $HOTR 2000
Curt M_1: 1000 $AXSM long 4.64

Curt M_1: Stop set .49 $HOTR
Curt M_1: Stop $ASTM 4.29

Curt M_1: $INPX closed 4.22
Curt M_1: 5000 at .21 c
Curt M_1: Did it the hard way but got it the bugger
Curt M_1: up about 500.00 on day lol

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

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

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
DRAM 4.79 292.62% 38266 Top Gainers
INPX 4.44 148.04% 10397640 Top Gainers
STRP 214.74 32.97% 1212493 Top Gainers
BRID 16.50 32.74% 24453 Top Gainers
PETS 30.38 25.43% 5026146 Top Gainers
CGI 2.25 21.62% 3085960 Top Gainers
STRP 214.74 32.97% 1212493 New High
PETS 30.38 25.43% 5026146 New High
BRID 16.50 32.74% 24453 New High
ASYS 8.19 13.28% 130700 New High
DRAM 4.79 292.62% 38266 Overbought
IAC 100.55 0.10% 1042935 Overbought
INPX 4.44 148.04% 10397640 Unusual Volume
SGOC 1.65 3.12% 1536946 Unusual Volume
SHE 66.28 -0.11% 255896 Unusual Volume
HOTR 0.49 20.99% 11364484 Unusual Volume
BPL 67.39 1.60% 401521 Upgrades
ADES 9.99 6.39% 239163 Earnings Before
TNAV 8.55 -0.58% 85875 Insider Buying

Algorithm Charting News:

“The day my life changed forever. They had told me that prices are random and that no one could beat the market.”

Conventional charts draw lines on charts after price occurs. My charts – days wks in advance. Big difference. $USOIL $WTI #OIL #OOTT #future

https://twitter.com/EPICtheAlgo/status/861262645281869824

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:

$GOOGL Long since 859.01 Trading 948.45 with SQZMOM green MACD ramped and decent vol. #holding #swingtrade Kings Queens and Castles.

Swing trade members published forecast for $GOOGL “Feb 3 – 1003.17 Price Target in 2017”

$XRT SPDR S&P Retail ETF Trading 43.02. Holding from 41.67 but MACD may turn down any second, and if so I will likely close. #swingtrade

$VFC Swing trade went well, now we watch. Closed 57.84 April 27 before earnings.from 53.50 entry no hold through earnings. #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:

Why OPEC Lost The War Against Shale, In Four Charts

Oil down 68.2% from July 2008. $CL_F $USOIL $WTI #OIL #OOTT

Volatility $VIX:

Volatility Index closes at its 4th lowest level in history (9.77). Only Dec 1993 saw a lower $VIX close than today.

$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 ??

Judging by sell-side sentiment, we still have a long way to go in stocks. BofAML:

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: $ERS halt
Market Maven: mornin
Curt M_1: Hey maven
Curt M_1: looks good out there
Flash G: action for sure
Flash G: news
Curt M_1: $SBGI Halt
lenny: Lots of halts lots of news.
Curt M_1: Start premarket review at 9:15 there’s a lot going on here.
Flash G: I’ll say
Hedgehog Trader: Hi everyone
Market Maven: morn
Spiegel: Good mornin everyone
Flash G: GM
Flash G: The MA’s are here.
Market Maven: mornin all
Market Maven: What’s hot in OTC land Spiegel?
quarryrock: good am folks!
Market Maven: hey qr
Curt M_1: morn
Sandra: $HOTR is hot
Spiegel: FNBC again
Spiegel: and FNCX
Curt M_1: What r u showing for $FNCX?
Spiegel: down to .89 now. has to break $1.00 to be good
Sandra: $TOPS action again today
Hedgehog Trader: $LAC.TO / $LACDF looks like it will open higher
Spiegel: CGIX launched a new multi-gene, liquid biopsy lung cancer test that is supposedly changes the paradigm for monitoring them
Curt M_1: Still scanning etc be a few mins here
Hedgehog Trader: wonder if $ESEA gets a Europe bump
Hedgehog Trader: both $ESEA and $TOPS are based in Greece
Curt M_1: On mic in 3 mins for open>>>>>>>>>>>>>>>
mat: GM all. Oil algos nice and alert this AM it looks like lol
Curt M_1: morn
Tradergirl: gm kk
Market Maven: lol
Flash G: mornin girl!
Flash G: in pearls
Tradergirl: i saw kate in email and HAD to pop in lol
Flash G: hahahaha
Flash G: tell us the way:)
Curt M_1: .63 long $HOTR 2000
Market Maven: right in behind ya
Flash G: $AAPL time
Curt M_1: 1000 $AXSM long 4.64
Sandra: 4.47 I’m in at lol
Spiegel: in at 4.50
Spiegel: should I sign up for oil now or do you think I have a few hours?
Flash G: adding to $AAPL swing
mat: 5 cent tick pilot as well which can make things screwy
quarryrock: added $SLW $19.50 Cs .40
mat: Like that play QR. Looking at some adds on the common side this am in the miners
quarryrock: long $MEET shs $6.09
mat: CHK looking nice, looking for a clear and close over the 50
Spiegel: Curtis, If I buy the 6 month EPIC bundle for $1599 do I still get the 24 hour room or is the 24 hour room only on a monthly basis for $399 with promo code?
Spiegel: ok
quarryrock: BTO $DIS $112 $1.90 5/12
Flash G: $WKHS shorting any lift
Spiegel: FNBC is the one- So dm to Curtis Melanopoly twitter?
Spiegel: yes
Spiegel: it was from pre-market
Spiegel: Ok, I DM’d you
Spiegel: yes
Spiegel: World Traveller
Spiegel: no
Spiegel: no World Traveller @ JorgeSamosa
Tradergirl: world traveller, ‘nuf said, best handle 😉
Tradergirl: see kk always bet on hopium
Tradergirl: and me
Spiegel: wasn’t me
Curt M_1: $SIEB halt
Curt M_1: Stop set .49 $HOTR
Curt M_1: Stop $ASTM 4.29
Spiegel: looking forward to it
Spiegel: I’m an EPIC member!
Spiegel: Hurts paying with Canadian dollars
Sandra: $NAK is on
Sandra: yeehaw me too
Sandra: made a lot of money with that thing lately hahaha
Flash G: You and the Shieks
Market Maven: oh my
Flash G: its ture
Flash G: true
Flash G: they’re in EPIC heavy duty big
Market Maven: ya
Spiegel: that AAOI I mentioned from last week still going
Spiegel: 🙂
Market Maven: I actually shorted $AAP Flash – and Won!
Tradergirl_1: FlashG, u mean literally /opec/ etc
Market Maven: ha
Flash G: yes um
Tradergirl_1: get. out. lol.
Hedgehog Trader: yes sir
Hedgehog Trader: it’s been volatile for sure
Curt M_1: Back in 5>>>>>>>>>>>>> 10:29
OILK: Just got my EPIC reg – coupon code worked nice – hopefully room opens early
Curt M_1: likely will – brb
Spiegel: If you have Irish remorse if you lose then I have German angst
Tradergirl_1: Curt, are these oil scalps u r discussing now? or swings? a bit lost
Spiegel: AXSM dropping
Tradergirl_1: right, thx, level to level atm then, not predicting more distant tgts
Tradergirl_1: yep same here ok same pg thx
Tradergirl_1: ya, I use h4, but don’t wanna fade epic lol
Spiegel: So if you went short where you want to, would you just hold through everyone quadrant bounce or would you get out, back in, out…back in etc.?
Spiegel: so channels within channels within channels
Spiegel: HOTR tanking
quarryrock_1: lol just patient here
quarryrock_1: bit of a snoozer today
Tradergirl_1: bonds tanking
Tradergirl_1: urre!
Spiegel: I had LQMT on my top 10 charts but forgot to mention it this morning
Spiegel: and that will all be part of this room?
Tradergirl_1: never traded otc, aren’t commish-intensive? not even sure how trading works
Spiegel: not commish intensive unless with the wrong broker
Tradergirl_1: $LQMT great find Spiegel. what broker is good for these? halts seem scary
Spiegel: I’m Canadian so I can’t help an American.
Tradergirl_1: ok np
Curt M_1: C ya at noon:) for chart set up intensive tighter time frames for daytrading swing set ups! >>>>>>>>>>>>> off mic 11:01
Spiegel: IB charges .005 per trade up to .5% of trade value. So not good with really low priced stocks. So not good if buying over 2000 shares of something
Spiegel: Look into TD Ameritrade. Get thinkorswim with it.
Spiegel: $7 flat if do 150+ trades per Q
Deb: too bad that pen sucked back at lunch
Dave: I agree with you guys on LMQT very nice play
quarryrock: $EFA fading – right at the money now so need a bit more to capture this trade
quarryrock: still in those puts
Sammy T: $VIX drop is crazy
Sammy T: Man Flash you’re on the right side of this trade again
Market Maven: Flash been around for a while:)
quarryrock: added more $DIS $112s goal is to exit before the report on 50%
quarryrock: $1.23
quarryrock: i want some $MEET $6 but refuse to pay more than .40
quarryrock: fill at .40 or no trade
quarryrock: quick note on Disney there has been massive call buying in June at the $120 strike weeks ago. someone is bullish
quarryrock: open interest is 69,000 contracts Jun 16
Hedgehog Trader: $NAK movin
Curt M_1: On mic at 12:10 for mid day – sorry – one more quick call :):)
Tradergirl: Thx Spiegel, I have old tos account, might consider, on TradeStation atm, loathe it, tos way better
Curt M_1: on mic for mid day charts >>>>>>>>> 12:09
Tradergirl: well done Flash
Tradergirl: KK do u ever sell option premium, ex: credit spreads for summer $
Tradergirl: selling option premium for u kk
Spiegel: living the life!
Tradergirl: lol
Tradergirl: cld u pls quickly peek at kate, haven’t looked at in ages, bottoming maybe
Tradergirl: obsessed w her stuff
Tradergirl: guessing fundys awful, haven’t checked
Tradergirl: gorgeous bull candle early 17, buyer commitment
Leanne: Curtis
Tradergirl: moody as heck looooool
Hedgehog Trader: haha
Hedgehog Trader: opportunity and danger
Leanne: just remember that a happy wife is a happy life
Tradergirl: ya, looking at flush to 15ish, guessing fundys awful, ya no kidding hedgehog, lol Leanne!
quarryrock_2: BTO starter position in $KSS
quarryrock_2: 5% div yielder reprting thurs looks tasty
Curt M_1: lol going to be nice when these new systems arrive omg
Curt M_1: 5000 Long 4.01 $INPX Daytrade tight
quarryrock_2: House of Mouse through vwap
Hedgehog Trader: wonder how $ICLD moving averages look
Hedgehog Trader: looks like it’s basing
Curt M_1: $ICLD 200 ma on 30 min if it gets up above and keeps it then that’s likely the start of the turn
Curt M_1: imo
Market Maven: No Shares to short $INPC on IB
Market Maven: $INPX
quarryrock: cramer pumpin $KSS
Hedgehog Trader: Cramer danger
quarryrock: lol
Hedgehog Trader: 🙂
quarryrock: $MEET implied move is 14%
quarryrock: AAPL cured cancer apparently
quarryrock: what a beast
Dan: haha
Hedgehog Trader: $NAK booming
Curt M_1: $INPX closed 4.22
Curt M_1: 5000 at .21 c
Curt M_1: Did it the hard way but got it the bugger
Curt M_1: up about 500.00 on day lol
Market Maven: lucky
Sandra: $OPTT ITHG set up
quarryrock: $MEET HOD
Sandra: Correction: $OPTT ITG setup
Spiegel: TSLA on the move the last few minutes
Spiegel: 306 to 309+ almost 310
Spiegel: over 310 now
Spiegel: Even UWT up almost 5% from the lows just before noon
Curt M_1: looks like these algo charts and screen recorder just wont run at same time on these laptops – going to have to run that software you talke about speigle until laptops come
Spiegel: give it a shot. It’s good to have anyway
Curt M_1: ya
Market Maven: should work
Spiegel: keeps computer running smooth although even it can be overwhelmed with too much running at once
Flash G: $TSLA sure looks good
Flash G: market looks like it will be very bullish tomorrow
Curt M_1: you’re likely right falsh
Sandra: $NAK having an outstanding day
the lion: hello all and everybody
Market Maven: hey lion
the lion: mnkd is this shortsqweez ??????
quarryrock: Curt thoughts on $SLV ?
Curt M_1: On $SLV I personally would wait for the MACD on daily to curl up but I typically miss first 15% of a move because of it….
Curt M_1: $SLV on a daytrade basis….
quarryrock: im stalking USLV
Curt M_1: MACD on 60 min $SLV is trending up and price hasn’t moved – that’s actually still bearish but…. hmmmm price action says short term bottom so it’s undecided imo
quarryrock: ok TY
Curt M_1: Even the 5 min is tough
Curt M_1: its a tough chart all around – it says indecision lol
Curt M_1: $MNKD sure got lift wow
Curt M_1: coming off hard now tho
OILK: Curt your $CBMX is HOD
Spiegel: Just signed up for Swing Trading service too!
Flash G: now that you will like
Flash G: my specialty
OILK: wow $CBMX
OILK: ya I make money off swing and oil all the time I daytrade for fun lke curt
Curt M_1: back in 20
Curt M_1: good to hear spiegel!
Spiegel: Thanks. Although you’ll probably lose me in here once my one month trail is over on the 17th. The oil room and the swing will be enough to handle I think.
Spiegel: Plus I’ll be travelling all summer and won’t have time to watch 9:30 to 4 markets
quarryrock: if $MEET beats tonite expect this to fly to $8 tomrrow as players will pounce
quarryrock_1: could attract alot of MOMO bees
quarryrock_1: BTO $TGT $57.50 .37 weeklies
quarryrock_1: calls
quarryrock_1: if the strips beat this will pop ahead of their earnings
quarryrock_1: cheaper way to play the retail names if bullish
quarryrock_1: im bullish M KSS and JWN fyi
quarryrock_1: only playin KSS and TGT tho
quarryrock_1: interesting $MEET CEO and CFO are presenting tomrrow in San Fran at Internet and Digital Media Conf.
quarryrock_1: webcasting the presentation live too apparently FWIW
quarryrock: BTO $YELP $36 Cs $2.15
Curt M_1: Back for the close lol sorry bout that
Market Maven: pretty calm close
Curt M_1: Quarry…. you kicking my butt today>>
Flash G: I think he is:)
quarryrock: lol nope im just diversifying my plays to increase bankable opptys
Curt M_1: nice
Curt M_1: I’m going for the grandslam on Turn around tuesday haha
quarryrock: this week is loaded with trades
Curt M_1: yup
quarryrock: nice!
Spiegel: no singles…no doubles……just grand slams!
Curt M_1: yup one hit thats all I need lol to catch him lol
Curt M_1: $INPX kept going
quarryrock: im holding $MEET into ER ! they better not failing me ! 🙂
Curt M_1: wow
Market Maven: u should be ok
Sandra: i considered it too
Curt M_1: good luck QR
Hedgehog Trader: iirc $MEET tends to do well with Valentine’s Day ramping up biz- but we’ll see
quarryrock: nice!
Hedgehog Trader: but i haven’t followed as much lately
quarryrock: everything ive read up on them has been bullish the analysts anticipate a strong qtr and guide we shall see
Hedgehog Trader: good stuff
Sandra: $SNAP snapped
Curt M_1: Y’all have a GREAT NIGHT!!!
OILK: see ya guys
Market Maven: bye bye

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Article Topics: $HOTR, $AXSM, $INXP, $STRP – $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

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PreMarket Trading Plan Mon May 8 $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO

Curt MelonopolyTrading Plan, , , , , , , , , , , , , , , ,

Compound Trading Chat Room Stock Trading Plan and Watch list for Monday May 8, 2017;  $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO – $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

5th day two week 20k double account trading challenge?? @Quarry_Rock +4700 and me +3900. Need to pick up pace next week. #tradingchallenge

Most recent lead trader blog posts:

https://twitter.com/CompoundTrading/status/858581529727049730

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

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

https://twitter.com/CompoundTrading/status/853551912599400448

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

Morning momentum stocks on watch so far: 

Markets: $SPY $ES_F $SPX trending toward upward price extension of our SPY algo, $GLD, $GDX, $SLV are technically on the edge to disaster still. $USOIL, $WTI lost critical support last week as EPIC the Algo warned hit the bottom of the next algorithm broad quadrant and bounced – trading in downward with predictability. $DXY is testing critical support area $VIX having a hard time with a heart beat.

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

Gaps to Watch: 

Stocks with News: $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO

SEC Filings to Watch: $CAPR $3.7m private placement at $3.10/share

Short Term Trader’s Edge: 

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: $AGN, $CTSH, $IBB, $FEYE, $SNAP, $LACDF (will cover in mid day review)

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change.

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:

8:35am
James Bullard Speaks

8:45am
Loretta Mester Speaks

10am
Labor Market Conditions Index

$STRP Straight Path’s stock rockets 26% premarket after receiving ‘superior’ buyout bid http://twib.in/l/oae6zgoGXLXz

$ARRY $MRK Array BioPharma Announces Strategic Collaboration with Merck http://investor.arraybiopharma.com/phoenix.zhtml?c=123810&p=irol-newsArticle&ID=2270726 …

Coach Will Buy Kate Spade For $2.4 Billion https://benzinga.com/z/9418411 $COH $KATE

$CRSP CRISPR Therapeutics Announces Exclusive License of Lipid Nanoparticle Technologies Developed at MIT

$FCSC DSMB recommends continuation of Phase 1/2 Clinical Trial of FCX-007

$ITCI Intra-Cellular Presents Data ‘Supporting’ the Potential for Potent and Rapid Antidepressant Activity with LumateperoneIntra-C

$AXSM – Axsome Therapeutics Gets Fast Track Designation for AXS-05

$REGN $INO Inovio & Regeneron Enter Immuno-Oncology Clinical Study Agreement for Glioblastoma Combination Therapy

$IRWD Q1 LINZESS U.S. net sales $148 million

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 :  $HSGX, $FNCX, $JD, $KATE $NWL $TSEM $CCP $SGYP $CATM $AUY $GOGL $VTTI $DGAZ $JNUG $DGAZ $NUGT $SVXY $XIV I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List : $HZNP – 30% PM 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:  $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO – $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

Read More

Post-Market Fri May 5 – Day Five of Two Week Trading Challenge $TVIX, $OLED, $WKHS

Curt MelonopolyPost Market Report (Trade Results), , , , , , , ,

Compound Trading Friday May 5, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $TVIX, $OLED, $WKHS – $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:

24 Hour Oil Trading Room on deck:) Memo out VERY SOON to those that have inquired FYI. $USOIL $WTI #OIL #Trading #OOTT

Accepting interest for mods for upcoming 24 hr Oil trading lounge launch [email protected] $CL_F $USOIL $WTI #Oil #Trading #OOTT

https://twitter.com/EPICtheAlgo/status/860210973570850816

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

https://twitter.com/CompoundTrading/status/858970678342451200

 Friday was day five of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

https://twitter.com/CompoundTrading/status/858581529727049730

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

https://twitter.com/CompoundTrading/status/861428035395899392

Premarket Trading Plan Watch-list for Friday session was handled in room and not published (locked to respect members and unlocked to public about a week later for transparency):

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) :

#Premarket Chart Setup Review: $OLED $SNCR $CBMX $SAEX

https://twitter.com/CompoundTrading/status/860552902573780995

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) :

Friday not available yet.

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) :

Friday not available yet.

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

https://twitter.com/CompoundTrading/status/853551912599400448

Premarket Session: 

Premarket was really quiet – not much happened.

Market Day, Chat Room Trades and Personal Trades:

$OLED, $WKHS and a few others were the momos (and some of our traders traded them) but getting market open follow-through was not there so the only trade I took was in $TVIX late in the day for a small win to add 100.00 to small account trading challenge.

In Play: $IMMU, $SHAK, $PBYI, $AAOI, $ZNGA, $UWT, $NAK, $UCO High Uncertainty: $APHB, $NUGT, $UE

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

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

Members: It’s a new week! Get a trading plan and charts over for review if you want my input! 2nd set of eyes won’t hurt! $STUDY #trading

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:

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
SYX 16.69 28.98% 230904 Top Gainers
DAIO 5.98 25.37% 749803 Top Gainers
EFOI 3.39 25.09% 257990 Top Gainers
OLED 111.30 23.87% 4859798 Top Gainers
WKHS 3.62 22.71% 8421629 Top Gainers
CRC 12.46 22.64% 7631507 Top Gainers
RNN 3.85 882.14% 636722 New High
OLED 111.30 23.87% 4859798 New High
PTX 6.19 6.36% 2990839 New High
SYX 16.69 28.98% 230904 New High
IAC 100.45 2.71% 2630109 Overbought
OHGI 2.24 2.28% 540802 Overbought
HOTR 0.41 60.40% 8996044 Unusual Volume
PXLG 38.83 0.15% 586960 Unusual Volume
JPEU 56.29 1.31% 64274 Unusual Volume
BOCH 11.10 0.45% 862889 Unusual Volume
CF 28.42 4.99% 6661639 Upgrades
ABR 8.63 2.62% 506336 Earnings Before
HCA 83.50 0.02% 1350265 Insider Buying

Algorithm Charting News:

Conventional charts draw lines on charts after price occurs. My charts – days wks in advance. Big difference. $USOIL $WTI #OIL #OOTT #future

https://twitter.com/EPICtheAlgo/status/861262645281869824

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:

$GOOGL Long since 859.01 Trading 948.45 with SQZMOM green MACD ramped and decent vol. #holding #swingtrade Kings Queens and Castles.

Swing trade members published forecast for $GOOGL “Feb 3 – 1003.17 Price Target in 2017”

$XRT SPDR S&P Retail ETF Trading 43.02. Holding from 41.67 but MACD may turn down any second, and if so I will likely close. #swingtrade

$VFC Swing trade went well, now we watch. Closed 57.84 April 27 before earnings.from 53.50 entry no hold through earnings. #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:

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Oil down 68.2% from July 2008. $CL_F $USOIL $WTI #OIL #OOTT

Volatility $VIX:

NA

$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 ??

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.

t M_1: The U.S. unemployment rate just fell to its lowest level since May 2007. Here are all the numbers https://www.bloomberg.com/news/articles/2017-05-05/payrolls-in-u-s-rise-by-211-000-jobless-rate-falls-to-4-4 … #Daybreak
Curt M_1: Momos haven’t revved up yet
Market Maven: Quiet so far
lenny: $IMMU $125m convertible preferred stock, conversion is $5.41/share
Curt M_1: Will be on premarket review at 9:10 this morning – markets are soft and taking some time to set up here >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Sartaj: Good morning, Gary
Curt M_1: Gary we missed you. Vacation or work lately?
gary y: Working back to Monday thru Thursday
quarryrock: good morning
lenny: $OCUL gets another FORM 483 from the FDA
lenny: mornin QR
Curt M_1: On mic 9:10 for premarket>>>>>>>>>>>>>
quarryrock: tough day for IBM
Curt M_1: morning QR ya IBM and some others lol
Curt M_1: Need to catch up to you today 🙂 #mission lol
quarryrock: you just may quick im likely taking a hit on ATVI and SLW
Curt M_1: crappy
quarryrock: NFP numbers were meh but not sure if metals respond
quarryrock: $OLED on watch for a ss
Sartaj: Hello everyone
Curt M_1: So far, roughly 430 $SPX companies have reported earnings and on average, revenue has risen 8% and EPS has increased by 15%!
Curt M_1: On mic in 1 min>>>>>>>>>>>>>>>
Spiegel: Good morning everyone!
Curt M_1: Hey Spiegel any OTC’s ?
Spiegel: Woke up late so nothing yet
quarryrock: $SHAK is interesting. may squeeze ?
sfkrystal: hope you feel better soon curt
Spiegel: ENCC a new pump but up 100% yesterday
lenny: very quiet wow
quarryrock: OLED definitely on piranha alert
Spiegel: FNBC flying
Spiegel: My aaoi had great earnings and price is up.
quarryrock: ss $OLED $106.50
Spiegel: with gold bouncing, JNUG here?
quarryrock: nailed $SLW Calls STC .24 from .12
quarryrock: got squashed on $ATVI Puts 100%loss
quarryrock: final add to $OLED ss $108 even
Spiegel: GDX about to break yesterdays highs
quarryrock: wow $PI all the way back from $32 pre
Spiegel: If we were in the 24 hour oil room, it would’ve been nice to catch that dip to 43.73 at 11:15 EST last night
quarryrock: took profits on SLW way too early folks. im gun shy on it from early week action. wow its ripping
Sartaj: Curt is rebooting his machine, give it a couple minutes
Sartaj: thanks
mat: Doesn’t help that SLW has traded horribly all year. Such a frustrating play
Spiegel: Man, JNUg still flying
quarryrock: yup beat me up a few times last couple weeks
mat: I played it for earnings for a small win but even there it sold off pretty quickly
Spiegel: BLDV continues ti impress
Spiegel: DRYS is flying
quarryrock: could $PI be on its way to $40? impressive turnaround
Spiegel: all the shippers actually – TOPS too
Spiegel: SINO
Spiegel: Got some TOPS
Spiegel: @.25
sfkrystal: haha a shipping day fun
Curt M_1: Hi guys sorry back – the others should be soon – the last of the systems rebooting now lol
Market Maven: who screen back on:) ship it!
Sammy T: wlcoe back haha
Sammy T: i got DRYS on the pop and drop for a scalp
Carol: funny i trade it too sam while we went to black out
Curt M_1: Sorry bout that – some kind of crazy internet spike
Curt M_1: wasn’t the computers that time
Sammy T: 🙂
Flash G: $OLED is surprising
lenny: $RIG might get momo today
Market Maven: thats’ it? #shippers
Market Maven: $AMH on OTC side…… good buy point? deals?
lenny: looking at $NGT here
Spiegel: I prefer TOPS to DRYS. DRYS doing yet another reverse split soon
Spiegel: TOPS has actual earnings
Spiegel: 20, 50, 100, 200 all line up. Price above VWAP
lenny: $PTX also on watch for me – tape has bulls in it
Spiegel: Problem with shippers is they frequently have trouble holding their gains all day
Hedgehog Trader: Curt, remember i mentioned the shippers
Hedgehog Trader: i think into mid May
Hedgehog Trader: $ESEA
Hedgehog Trader: 16M mkt cap, long consolidation
Curt M_1: yup
Spiegel: but look at that awful earnings report on the right side
Market Maven: lol
Spiegel: the one for TOPS is actually good.
Spiegel: not that it’s helping the stock this minute
Market Maven: shippers run because daytraders have nothing better to do that day – most of the time – Nicholas may have a read on something else there – but historically it’s a daytraders sniping tool
Market Maven: our toy
sfkrystal: lol
Market Maven: hope they have follow thru later today for a good hit to end the week
Flash G: $PI bounce is impressive
quarryrock: $RH still on fire
quarryrock: decided to add a little bit more to $OLED ss $108.10 avg cost basis is now
quarryrock: $107.67
quarryrock: looking for a fade later or my stops will get blown out 110.25
quarryrock: which looks very possible
lenny: scalpers open is what that was…. or newbies offering plate – whichever u choose
Flash G: Some of the larger and mids decent action. But yes, momentum stocks I see that to be true.
quarryrock: GDX ripping
Flash G: $PCLM has been great
Spiegel: thought on gold & JNUG here Curtis. I think it looks good for a bounce
lenny: Got my $NUGT a while back
Curt M_1: I can take a look at charts
Curt M_1: wasn’t playing them but we may as well take a peak
Curt M_1: give me 2 mins and I’ll review them
Spiegel: I already dumped my TOPS for a 4% loss.
Curt M_1: $SIG halt – news
Curt M_1: crap
Market Maven: They’re supposed to be our toy Spiegal
Spiegel: We can go foar another kick at the can later in the day 🙂
Market Maven: we can’t win them all
Spiegel: That’s for sure. At least I can’t. Don’t know about you.
Market Maven: I’ve missed a few but it has been a good year
Market Maven: I keep watching $FEYE but not trigerring
Spiegel: You must need to buy a football field to stroe all your cars?
Spiegel: store
Market Maven: ha I wish
Spiegel: OK, just a small parking lot
Market Maven: haha
Spiegel: OLED keeps breaking highs
Market Maven: Actually, momos have been tougher lately. I like Curt’s idea of bringing the swing list in over weekend for next week and trading them on shorter time frames. I agree markets will require that.
Flash G: $OLED impresive.
Spiegel: and TOPS almost back at my buy point. I was too scared. Wil probably go much higher today
sfkrystal: with shippers should be scared. they’re shorts toys too
Market Maven: so true
Spiegel: UI have a love hate relationship with shippers. Made a ton in November when they were all flying crazy amounts every day. Gave a lot back trying to play the bounces in the months after that
lenny: $WKHS likely won’t hold gains
Curt M_1: $WKHS has room to 5.50 if it confirms of 3.75 but ya
Market Maven: You have to trade shippers “scared” as Curt says
Curt M_1: $IMMU Confirmed over 6.70 your good to 7.14 before test but that’s it
Curt M_1: Waiting on $UCI and $SIG halts
Leanne: Good morning everybody, hope profit taking has been good this am
Curt M_1: $PI 40.15 – 41.78 is no mans land
Curt M_1: hey Leanne
Curt M_1: I may take a trade over 4 on $WKHS if it squeezes in that range
Spiegel: LITE doing well, as is my AAOI
Flash G: $DSL Highs 52 week
Curt M_1: Hey Spiegel – I’ll look at metals over lunch – gotta clear some emails and calls.
quarryrock: im still breathing on $OLED but barely. moved my stop up. Maybe they cured cancer ! lol
quarryrock: got in front of bus
Curt M_1: On mic at 12:00 for review, hopefully afternoon works out for some momo>>>>>>>>>>
Spiegel: thanks Curtis
Curt M_1: cya then
quarryrock: i surrender $OLED has kicked my ass
Flash G: Happens to the best.
Spiegel: sad I didn’t buy UWT near open.
quarryrock: lesson learned there dont get in front of a bus
Spiegel: you were shorting OLED?
quarryrock: yep – got smoked.
Market Maven: Damn
Spiegel: that’s the reverse of trying to catch a falling knife
Spiegel: they should have a saying for that
Spiegel: JNUG still flying. Shouldve just bought when I first asked about it
lenny: good daytrade
quarryrock: BTO $13 C’s $UVXY .08
the lion: he;lo from il
Market Maven: ello
Flash G: back
Curt M_1: On mic 12:05 for chart review>>>>>>>>>>>>>>
ny75: sorry for off track here but where would you initiate a long term position on twlo?
Curt M_1: I can review that one for sure over lunch here
Curt M_1: Any others please post for review.
Spiegel: JNUG, AAOI
Spiegel: BLDV
Spiegel: I think that was the first low priced one I ever gave you
Curt M_1: yup
the lion: he…. can u talk about phmd ..i took some at 1.34-
Curt M_1: On mic 1 Min>>>>>>>>>>>>>>
Curt M_1: ok
the lion: and if u have time ….teva
ny75: thank you. yes please. great help!!
the lion: 10x …i hear and learn
the lion: again 10x….10x…10x
the lion: i have q- were i can see 3 or 5 asd bid for free?
Spiegel: Don’t forget AAOI
the lion: i know…bad trade …wait for entrance in that stock
the lion: yes.
the lion: wait for good proce to go out
the lion: see fnbc- the stock go back all the way …we dont surprise at all for this .
Spiegel: had great earnings last night
the lion: psdv big candle
the lion: whats this?
Spiegel: I’m in at 46.40. Sold calls when it went to 49.40. Have a 15% return as long as its above $50 on May 19.
Spiegel: I actually hope it falls to just under $50 so I can keep the stock.
Spiegel: thanks Curtis. Informative as always
Curt M_1: no prob:)
the lion: 10X . HAVE A WOONDERFUL DAY AND WEEKEND
Curt M_1: thx
Curt M_1: u 2
quarryrock: VIX steadily climbing after the am drop
quarryrock: wondering if it will continue to creep as we approach the end if the day
quarryrock: French election this w/e and no fear whatsover
quarryrock: my uvxy trade is up 42% right now but im looking for 100% on a pop
quarryrock: so essentially looking for .18 on the .08
quarryrock: pardon .16 but my ask is .18 now
quarryrock: AAPL only thing keeping markets green today IMO
the lion: c ibm go down after bafet sell
Flash G: weekly options burn burn burn
quarryrock: added $TLT $121.50 Cs here .10
quarryrock: nope they are 8 cents
quarryrock: EFA is at ATHs today. upon an assumed Macron b
quarryrock: victory will it rip higher Mon?
quarryrock: look at how many $64 strike puts bought today on $EFA for hedging 5/12
Spiegel: LITE recovering nicely. I bought some on dip this morning. If it gets closer to $50 I’ll sell a May 19 call with 2 weeks to go for about a 7% return.
quarryrock: here we go uvxy spike !
Curt M_1: Long $TVIX 28.47 800
quarryrock: nice curt!
Curt M_1: keep er tight:)
Curt M_1: atop at 29.44
Spiegel: LITE almost $50 again.
Spiegel: So Curt, expecting a market drop Monday even if the good side wins the French elections?
Curt M_1: Just playing possible pop today – won’t hold it
Curt M_1: I think it will pop late day but who knows
quarryrock: VIX HOD Spoos HOD
quarryrock: pop!
quarryrock: banked some there
Spiegel: I did UVXY along with you
Curt M_1: 🙂
quarryrock: nice. 50% left Cs
lenny: i did also i just hope theres follow through
quarryrock: Bank City in 3, 2 , 1
quarryrock: touchdown!!!
quarryrock: closed out all $UVXY Cs +150%
quarryrock: gets gut wrenching to hold options that expire today into a close on those
quarryrock: although thats where you can make serious bank
quarryrock: on the cheapies
Market Maven: ha nice
quarryrock: BTO $EFA Ps for next friday
quarryrock: $65 for .35
quarryrock: whats shocking here is $EFA Cs for today are 2 cents
quarryrock: if they ramp efa at the close those calls will be up bigly
quarryrock: total crap shoot. no positin
lenny: yep
Carol: sooo quiet today – oper its a ripper Monday
quarryrock: UVXY trades to 4:15
quarryrock: oh my EFA
Curt M_1: I thought I might get .50 on $TVIX but doesn’t look like it
Spiegel: I soldy UVXY to pay for Taco Bell
Curt M_1: lol
Curt M_1: man i have to pick up the pace next week
Curt M_1: looks like 3800.00 on the week
Curt M_1: just shy of 20%, avergae trading challenge I’ve done is 25% a week
quarryrock: nice! ill calc tonite. have alot back today. not a good day
Curt M_1: crap
Hedgehog Trader: Curt go heavy ESEA 🙂
Curt M_1: I’m in t! Lol
Curt M_1: not heavy tho
quarryrock: gave alot back i meant
Hedgehog Trader: next week will be fun
Hedgehog Trader: if ESEA breaks 50dma
Curt M_1: u thinking all shippers next week too Nich?
Spiegel: Glad I dumped TOPS for that minor loss
Market Maven: you still plan to trade oil heavy next week curt?
Hedgehog Trader: shippers i like ESEA and SINO
Curt M_1: ya oil, moners, silver, and swing trades brought down on time frames yes – daytrading 101 classes next week lol
Market Maven: okay thanks
Market Maven: look forward to that – i don’t think a lot of people in room have seen the high frequency curt
Curt M_1: should be good
Curt M_1: only way I’ll double unless I get a lucky strike and it will be good for video library
Flash G: I agree.
Spiegel: Looking forward to it too
Flash G: Swing traders can learn from it too.
Curt M_1: A lot of ETFs, ETN’s etc
Curt M_1: leveraged
Curt M_1: 28.60 sold $TVIX 800 shares
Curt M_1: small win
quarryrock: EFA doubled there
Curt M_1: taco bell haha 100.00 win
Curt M_1: 3900.00 on week
Curt M_1: QR do you think your over 7800 on week?
quarryrock: nope
Carol: Night all
quarryrock: back down to 3-4 iah
Curt M_1: wow ok so we’re close lol
quarryrock: got rolled today on ATVI and OLED
Curt M_1: have a great weekend peeps
quarryrock: bad trades cost me
Hedgehog Trader: bye Curt and all the good peeps here
Market Maven: ya peoples
Market Maven: c u
quarryrock: good weekend all!
Market Maven: TY
Market Maven: lol TVIX tank!
Spiegel: good weekend all!

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Article Topics:  $TVIX, $OLED, $WKHS – $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

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Post-Market Thurs May 4 – Day 4 Two Wk Trading Challenge $FNBC, $APHB, $GOOGL, $USOIL, $XRT, $VFC

Curt MelonopolyPost Market Report (Trade Results), , , , , , , , , , , , , ,

Compound Trading Thursday May 4, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $FNBC, $APHB, $GOOGL, $USOIL, $XRT, $VFC – $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:

24 Hour Oil Trading Room on deck:) Memo out this weekend to those that have inquired FYI. $USOIL $WTI #OIL #Trading #OOTT

If there was a day for a learning trader to gets some education from our trading room it was last Monday. See video at twitter tweet link below.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

https://twitter.com/CompoundTrading/status/858970678342451200

 Thursday was day four of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

https://twitter.com/CompoundTrading/status/858581529727049730

Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming soon).

https://twitter.com/CompoundTrading/status/860058166511489025

Premarket Trading Plan Watch-list for this session can be found here (locked to respect members and unlocked to public about a week later for transparency):

https://twitter.com/CompoundTrading/status/860112947170947072

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) :

#Premarket Chart Setup Review, May 3, 2017: $PIRS $STRP $WTW $ETRM $FEYE $USOIL $WTI $ESES $PHMD

https://twitter.com/CompoundTrading/status/860188075921637381

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) :

Market Opening, May 3, 2017: $PIRS $WTW $ESES $PHMD $TWLO $FEYE $DLPH

https://twitter.com/CompoundTrading/status/860200365563805698

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) :

Midday Chart Setup Review: $FNBC $APHB $BPMX $USOIL $WTI

https://twitter.com/CompoundTrading/status/860240676063240192

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

https://twitter.com/CompoundTrading/status/853551912599400448

Premarket Session: 

Markets are looking good in premarket / futures. Could be a big day??✌

$FIT premarket up 8.27%

Popular: $CNAT, $SPY, $HYH, $CAKE, $WMGI, $DNKN, $RDS.B, $KLIC, $TEX, $PETX, $BOJA, $IPGP, $MET, $SYY, $SCVL, $NUS #premarket

Market Day, Chat Room Trades and Personal Trades:

$FNBC Awesome momentum play in the room. Ran it from .40 to .90 ish scaling in and out. #daytrading

Leaderboard $FNBC 180.24% $APHB 99.44%, $CDNA 44%, $ARWR 23%, $FORM 20.54% Rail 22.1% $APTO $OSUR $FIVN $HIIQ $AGEN $DWT #daytrading #stocks

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

Trading Lesson! Don’t short the momos unless at 50% 100% 150% 200% and under VWAP – shorts got hammered in to the ground on this one hard!

$APHB +135% Missed this train – was busy with $FNBC and don’t like to trade two break-outs. It caught shorts at that 8 ema snap back.

$APHB Golden technical opportunity to short on 3 min when 20 MA crossed 50 then VWAP then 20 under 100 then price under 200. #trading #setup

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

https://twitter.com/CompoundTrading/status/857416340533018624

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Not available (late publishing)

Algorithm Charting News:

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

Crude oil lost critical support in premarket. EPIC once again nailed the time price cycle??⤵ $USOIL $WTI $USO $UWT $DWT #OIL #OOTT

EPIC Members: There is a moderately important time price cycle terminating this Tues / Wed. See report. Trade w/ caution during that time.

https://twitter.com/EPICtheAlgo/status/858959672954437633

Members to my charting know in advance what conventional charts don’t. See for yourself. $USOIL $WTI $USO #Oil #OOTT https://compoundtrading.com/category/epic-the-oil-algo-chart-report/ …

https://twitter.com/EPICtheAlgo/status/859777092732547077

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:

$GOOGL Long since 859.01 Trading 948.45 with SQZMOM green MACD ramped and decent vol. #holding #swingtrade Kings Queens and Castles.

Swing trade members published forecast for $GOOGL “Feb 3 – 1003.17 Price Target in 2017”

$XRT SPDR S&P Retail ETF Trading 43.02. Holding from 41.67 but MACD may turn down any second, and if so I will likely close. #swingtrade

$VFC Swing trade went well, now we watch. Closed 57.84 April 27 before earnings.from 53.50 entry no hold through earnings. #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:

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Who knew? ? US crude falls below $47 a barrel to weakest level since OPEC announced output cuts –

Volatility $VIX:

NA

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

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.

Curt M_1: Protected: PreMarket Trading Plan Wed May 3 $TRLD, $SCON, $BVDL, $AMLH, $BUDZ, $FIT, $EXP, $LITELINK: https://compoundtrading.com/premarket-trading-plan-wed-may-3-trld-scon-bvdl-amlh-budz-fit-exp-lite/PASSWORD: BANKI was in hospital most the night so it’s a light report (nothing serious just my bone degen issue in my jaw) – but I’ll be back to normal within a couple days – so my time on mic might be limited today.Let’s make bank people!Today’s Live Trading Room Link: http://compoundtrading1.clickmeeting.com/livetrading
Curt M_1: Looks like I’m up about 2100 on 20k acct after three days in two week double account challenge? Need to pick up the pace #tradingchallenge https://twitter.com/curtmelonopoly/status/860055887867551745
Curt M_1: $TRVN earnings – beats the expectation
Spiegel: Good morning everyone.
Spiegel: I just log in and the stock I was going to ask you about is staring me in the face
Curt M_1: haha
Sartaj: So no premarket review I’m guessing?
Curt M_1: I need a few minutes to run scans – market is a little wonky this morning – on mic at 9:15 at latest
Sartaj: Okay
quarryrock: good am folks
Curt M_1: gm
Sartaj: Hey, nice to see you
lenny: morn
quarryrock: sorry about yesterday. figured it out
Sartaj: No worries at all
Curt M_1: On mic in 1 min>>>>>>>>>>>>
Curt M_1: On mic premarket 9:18 AM >>>>>>>>>>>>>
Spiegel: FNBC incredible bounce
Spiegel: started bouncing yesterday
Spiegel: two horns there?
Spiegel: did a perfect VWAP bounce yesterday pm
Market Maven: Long $FNBC
Curt M_1: Long .40 $FNBC 10000 starter
Market Maven: add
Curt M_1: add 10000 45.4
Curt M_1: $CERS halt
Curt M_1: Out 20000 44.3 $FNBC
Market Maven: holding
lenny: Holding too
Spiegel: In retrospect, would you have rather got in once it broke yesterdays highs at .36?
Spiegel: no, I mean this morning when it broke yesterdays highs
Spiegel: BPMX another big dipper that could bounce
Market Maven: Out 45
Curt M_1: congrats maven!
Spiegel: APHB curling up. maybe good?
Market Maven: Should have held with ya Lenny
OILK: i did
OILK: 🙂
quarryrock: destroyed $SQ! BOOM!
quarryrock: best trade this month
Curt M_1: long 10000 $FNBC .50 tight watching for confirm
Curt M_1: Long 10000 .52
Curt M_1: nice quarry
quarryrock: TY this has potential to run to $20.8
Spiegel: Curtis, you need FNBC to be a big winner to catch quarry now!
OILK: nice work QR
quarryrock: cheers!
Curt M_1: Out .61 10000
Curt M_1: Out .59 10000
quarryrock: on watch for reversal north $ATVI and $PI
Curt M_1: 2200 or so so far on the two trades
quarryrock: nice!
Curt M_1: long .63 10000
Curt M_1: stopped flat
Spiegel: Man, that free month of subscription for that is going to be sweet!!! 🙂
Spiegel: Guelph Ontario which is near Toronto
quarryrock: ATVI tank
Spiegel: great!
Spiegel: Joining June 1
Curt M_1: Long 68.5 10000
Curt M_1: Out 73.8 10000 $FNBC
Spiegel: Send me an air freshener you dangle from rear view mirror.
Curt M_1: 2700.00 so far on $FNBC
Curt M_1: Long .81 20000
Spiegel: and look at APHB!
Spiegel: a halt when its rising like that can be a good thing.
Spiegel: 2.40 when I mentioned it to 3.20
Spiegel: make that 3.60
Spiegel: FNBC is back
Curt M_1: 20000 out .77
Curt M_1: Puts me back to 1920.00 on it
Spiegel: I’m surprised it didn’t keep going once it resumed. If everything was going great up to that point and there was no bad news, why not?
Spiegel: I bought FNBC on the dip there
Spiegel: How about a gap fill up to 2.63?
Spiegel: 2.60
Spiegel: should I be scared here at .66?
Spiegel: got a stop at breakeven
Spiegel: think I’ll get stopped, no party for me
Spiegel: stopped out
Spiegel: Made a big $24. Enough for a mediocre dinner at TGI Fridays with appetizers and dessert
Curt M_1: 4.61 $APHB long
Curt M_1: 1000
Spiegel: Of course FNBC coming back without me in it
Curt M_1: Out loss 4.41 from 4.61 $APHB -200
Curt M_1: Up around 1700.00 on day
Curt M_1: Back in an hour for midday review.
Sartaj: thx
quarryrock: $PI dropped. could see them take it down $35.50 pre ER
quarryrock: just watching volume still light
quarryrock: quick update on the Two week challenge:
quarryrock: P&L is +$8900 so far
Curt M_1: Wow nice! I’m at 3800.00 lol
quarryrock: yeaterday i was down quite a bit so really needed today to get it back
quarryrock: $SQ was a huge win
Curt M_1: nice
quarryrock: nice! $3800 is fantastic. we need to average $1k a day
Market Maven: making it look easy too:)
Market Maven: and its not haha
quarryrock: i got smoked on AAPL SLW and GRPN yesterday
Flash G: That’s why I swing trade – daytrading was too tough on me. But I enjoy watching.
quarryrock: traded AAPL twice and second time my options got run over
quarryrock: swing is better. i did alot of hokework on SQ. went in very confident had common stock and options – downside was about $2 so risk return good on the stock
quarryrock: homework
quarryrock: SQ entries were $18.26 and $19.19 AH yesterday – exits were $20-$20.24
quarryrock: options paid @ 47%
quarryrock: pardon 57%
quarryrock: long 500 shs of $PI $36.66 stop is 35.66
quarryrock: BTO $19 C’s $SLW .12
Curt M_1: Will be on mic at 12:10 for mid day review >>>>>>>>>>>>>>>
Spiegel: Is UWT going to bounce today? at 14 even right now
Curt M_1: 44.21 is next support in oil (next major support) on FX: $USOIL $WTI chart
Hedgehog Trader: $GDX going up
Curt M_1: On mic in 1 min for mid day review>>>>>>>
Curt M_1: On mic 12:10 for mid day chart set up review >>>>>>>
the lion: good day all
Sartaj: Hello
Luisito: hello to everybody … if possible a live update on OIL will be great …
the lion: chief can u look at mzorPLEASE ?
the lion: MZOR
Sartaj: Hey, Luis
Luisito: hola a todos
Luisito: I’ve seen the emails
Luisito: understood … have not seen that one … I’m interested ’cause I was making money short …
Luisito: (I’ve also lost money long, yes … yesterday)
Sartaj: Was it during the EIA report?
Luisito: yessa … got spanked 70 ticks or something in that area
the lion: u must trade with rules of tp and sl
the lion: unless u lost all
Luisito: I do have stops sometimes, sometimes not … yesterday I went out with stops
Sartaj: So the trick was, since price was going in an upswing towards the target, to get out before it spiked down into the target
Leanne: firm but fair
Sartaj: but that’s good you had a stop
Sartaj: similar thing happened to me on Tuesday
Luisito: I went long at the top of the move, seeing your idea on email
Spiegel: So because it’s news, EPIC can’t know the news so don’t hold into reports ever?
Luisito: okis
Curt M_1: 44.21 FX $USOIL $WTI Main Support
Luisito: 47.58 is now top of channel and 44.21 is support
Sartaj: Yes
Sartaj: There you go
Luisito: got it
Spiegel: In the oil room, will you tend to focus on the CL or the QM?
Luisito: perfect. not more questions from my side
quarryrock: curt LITE looks like it wants to dive?
the lion: הקרט מןבק
the lion: very nice
the lion: can u see navb please
quarryrock: $PI at the airport and ready for take off!
the lion: the piza is on the way 🙂
the lion: yes
Spiegel: pizza too tough for his mouth right now. Need something soft – like SPAM.
the lion: 10x
mat: I can’t wait to short that thing
the lion: i have more one but this crazy stock ..i buy today
the lion: i hold navb 0.53$
Luisito: bye
Sartaj: Nice to see the newsletter people in here sometimes
Sartaj: Like two different worlds
the lion: fnbc flyyyyyyyyy
the lion: wow
Curt M_1: haha ya
the lion: as far as i know- the stock will stop trade at 10/5
Flash G: It might really get going again soon
the lion: last friday the price of this stock was 0.09-0.1$ …
Curt M_1: nice range
Sartaj: Okay, everyone, going to process some data. See you all tomorrow
Curt M_1: I’ll be here… FYI…. to hit a home run this afternoon…. thats my plan heh heh
Market Maven: concur
the lion: good day from il.
lenny: yup
quarryrock: $ATVI beautiful pre ER ramp missed it
quarryrock: Non Farm Payroll tomorrow – gold?
Curt M_1: Leaderboard $FNBC 180.24% $APHB 99.44%, $CDNA 44%, $ARWR 23%, $FORM 20.54% Rail 22.1% $APTO $OSUR $FIVN $HIIQ $AGEN $DWT #daytrading #stocks
Spiegel: FNBC tanking now
Spiegel: only up a pathetic 143%
Spiegel: its following oil now
Market Maven: ha
Spiegel: although it did just put in a nice hammer candle at VWAP
quarryrock: ok over $37 on $PI and take a small scalp on this pony – Im bullish but not going to hold it into ER
Flash G: I will swing that oil trade with you Curt, but it nees to drop another buck so maybe tomorrow.
Curt M_1: Ya might not get there on first round, may have to go up channel and back down we’ll see.
quarryrock: wow $LITE all day fade would have been a great ss
quarryrock: BTO $ATVI Ps $1.45 5/5
quarryrock: $53.00 ATM
quarryrock: took the $PI scalp +.54 $270
quarryrock: got a feeling this one really rips AH
quarryrock: i love activision but looking for some profit taking now into the close if no pb then leave the puts on for the report tonite not a large trade and this stock due for a pb after er
quarryrock: just a beast though
quarryrock: profit taking already going on tonite in the video game sector with $TTWO off ATHs
Curt M_1: Awesome short set up when $APHB lost VWAP
quarryrock: $TWLO CEO on Cramer tonite
Curt M_1: interesting
quarryrock: wow PI ramp. blew that exit folks.
quarryrock: very bullish close for PI
quarryrock: well you can see the trade i was attempting to do here was ride the ramp into the close and sell before the bell. left about .80 on the table oh well take a small win
Market Maven: I see that
Curt M_1: You guys have a great night!!!!
OILK: See you tomorrow
quarryrock: you too !

 

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Article Topics:  $FNBC, $APHB, $GOOGL, $USOIL, $XRT, $VFC – $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

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PreMarket Trading Plan Thur May 4 $TRLD, $SCON, $BVDL, $AMLH, $BUDZ, $FIT, $EXP, $LITE

Curt MelonopolyTrading Plan, , , , , , , , , , , , ,

Compound Trading Chat Room Stock Trading Plan and Watch list for Thursday May 4, 2017; $TRLD, $SCON, $BVDL, $AMLH, $BUDZ, $FIT, $EXP, $LITE – $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:

Last week Thursday, Friday and Monday post market reports will be out soon (we’re a little behind with processing reports).

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

Looks like I’m up about 2100 on 20k acct after three days in two week double account challenge? Need to pick up the pace #tradingchallenge

Most recent lead trader blog posts:

https://twitter.com/CompoundTrading/status/858581529727049730

https://twitter.com/CompoundTrading/status/846494014635429888

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.

https://twitter.com/CompoundTrading/status/841078264537993218

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

https://twitter.com/CompoundTrading/status/853551912599400448

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

Morning momentum stocks on watch so far: $TRLD, $SCON

Markets: $SPY $ES_F $SPX looks hot, $GLD, $GDX, $SLV are technically on the edge to disaster. $USOIL, $WTI lost critical support as EPIC the Algo warned (see EPIC’s twitter feed – EPIC predicted this many days ago and gave the exact timing for the end of the price time cycle). $DXY is testing critical resistance $VIX trading near 10 year low (as of Monday)

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

Gaps to Watch: $APTO $SCON $SGMO $CNAT $FIT

Stocks with News:  $CRTV $NVS

SEC Filings to Watch: 

Short Term Trader’s Edge: 

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: $GSIT, $TAN $IBB, $UNP, $LL, $MACK, $AGN, $CRM, $BRE, $RARE

Break-out Chart Set-Ups: $ALNY, $YNDX Buy on dips, $SSW has a resistance break-out, $HF, $CRY, $NOK.

Moving Averages Chart Set-Ups: $EXP, $LITE, $RTIX, $BLMN, $SNAP, $JUNO, $GREK, $UAA (20 MA about to cross up 50 MA)

$LITE Earnings day. Holding 200 MA, MACD at bottom, SQZMOM trending up, decent vol. #watchlist #premarket

$EXP SQZMOM green, MACD turned up good vol, 50 MA support test. #watchlist #swingtrading #premarket

$FIT premarket up 8.27%

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change.

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:

-Chain Store Sales

7:30am
Challenger Job-Cut Report

8:30am
-International Trade
-Jobless Claims

10am
Factory Orders

10:30am
Nat Gas #

$CTRV breaking news: ContraVir to Advance Second-Generation Formulation of Tenofovir Exalidex for Treatment of Hepatitis B Virus (HBV)

$NVS $CNAT Novartis exercises exclusive option agreement with Conatus for the treatment of NASH https://www.novartis.com/news/media-releases/novartis-exercises-exclusive-option-agreement-conatus-treatment-nash …

INITIAL JOBLESS CLAIMS EXP: 247K ACTUAL: 238K TRADE BALANCE EXP: -$44.5b ACTUAL: -$43.7B

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 : $TLRD, $SCON, $MNKD $CNAT $HIIQ $APTO $CLSN $HTGM $TGB $CLMT $BCOR $WTI $DATA $FNBC $FIT $GLBS $RXDX $SQ  I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List :$TSLA $FIZZ $CAKE $UVXY $DWT $GLD $NUGT $GDX $LITE $WLL $CLF $PIRS $UWT $DGAZ $DDD 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:  $FOGO $SYY $EMES $MMP $NSIT $BSMX $BG $FOGO $SYY $DLPH $HIIQ $FSLR $CG $GMED $JWN $KSS $HIVE  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $TSCO $HFC $GRMN $SRC $NGG $TSCO $HEP $QRVO $FSP $SQ $ZEUS $BANC $PMTS $TAP 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:  $TRLD, $SCON, $BVDL, $AMLH, $BUDZ, $FIT, $EXP, $LITE – $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

Read More

Post-Market Wed May 3 – Day Three Trading Challenge $UWT, $TWLO, $PIRS

Curt MelonopolyPost Market Report (Trade Results), , , , , , , , , , , ,

Compound Trading Wednesday May 3, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $UWT, $TWLO, $PIRS – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

If there was a day for a learning trader to gets some education from our trading room it was Monday. See video at twitter tweet link below.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

https://twitter.com/CompoundTrading/status/858970678342451200

Tuesday was day three of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

https://twitter.com/CompoundTrading/status/858581529727049730

Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)

Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming soon).

https://twitter.com/CompoundTrading/status/859684603434418176

Premarket Trading Plan Watch-list for this session can be found here (locked to respect members and unlocked to public about a week later for transparency):

https://twitter.com/CompoundTrading/status/859745303020306436

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) Tuesday won’t be published (lacking content) and Wednesday currently being processed:

$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

https://twitter.com/CompoundTrading/status/859067029487321089

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published – lacking content and Wednesday currently being processed:

$OCN $YTEN $MTBC $CCCN $TWTR $AEZS

https://twitter.com/CompoundTrading/status/859098292231307264

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published (lacking content) and Wednesday currently being processed :

Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV

https://twitter.com/CompoundTrading/status/859111267012882432

Most Recent Public Swing Trading 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

https://twitter.com/CompoundTrading/status/853551912599400448

Premarket Session: 

PreMarket Trading Plan Wed May 3 $PIRS, $PHMD, $ESES, $BLDV, $BVTK, $VRX, $TAN, $GSIT

$PIRS Premarket up 49%.

Market Day, Chat Room Trades and Personal Trades:

Today I traded $TWLO wash-out snap-back for a win and closed my overnight $UWT $USOIL $WTI related trade right before #EIA report for a win.

Closed $UWT right near early high this morning. @EPICtheAlgo got me out right on time live in room. Video out later.

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

Here’s quick email interaction from today re: $TWLO:

Member:

Hi guys

I hate to bother you with stuff but in today’s live action early in the am Curt pointed out that twlo under 25 had another dollar and when the trade was made he mentioned that he will close above 26. Pretty impressive. I just wanted to know what was the method used there to determine a) that twlo was going to go up and not down again like the night before and how did targets get determined?

Thanks in advance.

Nasir

Curtis:

Hey no problem message me on Twitter DM anytime to if you like or tag me in a tweet – whatever’s easier for you

Ummm… the answer is long on that… it’s the indicators the MA’s and how they were set up… the mid day review videos on our You Tube will kind of explain.

I’ll try and do a post specific to your questions soon if time allows:)

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

https://twitter.com/CompoundTrading/status/857416340533018624

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
PIRS 3.67 52.92% 27739800 Top Gainers
ESES 1.40 34.62% 8055300 Top Gainers
STRP 155.20 23.35% 1257738 Top Gainers
BPI 15.01 21.93% 500400 Top Gainers
MYGN 22.50 20.45% 4540100 Top Gainers
XENT 24.10 20.20% 1742400 Top Gainers
BGMD 0.07 30.54% 20003 New High
PIRS 3.67 52.92% 27739800 New High
BPI 15.01 21.93% 500400 New High
XENT 24.10 20.20% 1742400 New High
IAC 96.02 -0.23% 1622700 Overbought
OHGI 2.03 -2.40% 162646 Overbought
PIRS 3.67 52.92% 27739800 Unusual Volume
HJPX 26.23 -0.08% 14370 Unusual Volume
OB 18.24 16.18% 4656300 Unusual Volume
FNBC 0.25 164.48% 37490437 Unusual Volume
AMED 57.63 2.75% 961600 Upgrades
AAWW 53.35 -7.70% 541700 Earnings Before
MLVF 21.85 0.00% 600 Insider Buying

Algorithm Charting News:

Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

https://twitter.com/EPICtheAlgo/status/858952483720151040

Don’t miss this video. #algorithms #fibonacci

https://twitter.com/CompoundTrading/status/857297652765138944

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Swing Trading Notes / News:

For our swing trading platform users there is a new report out.

Protected: Weekly Swing Trading Stocks Wed May 3 $BA, $NFLX, $AXP, $GSIT, $TAN, $VRX, $WYNN, $BABA … #swingtrading

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

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

USD/JPY bets ramp.

Gold $GLD, $XAUUSD, $GC_F :

Gold Miner’s $GDX:

Biggest Gold Miner ETF Just Saw Largest Outflows on Record http://www.bloomberg.com/news/articles/2017-05-01/biggest-gold-miner-etf-just-saw-largest-outflows-on-record … ht @TN

Silver $SLV:

Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV

Crude Oil $USOIL $WTI:

Was it really that hard to predict ? Go long! ? Rising U.S. oil production knocks OPEC off course: Kemp http://reut.rs/2qpkGXt via @Reuters

Energy Select Sector $XLE death cross.

Volatility $VIX:

Low volatility and Crowded Trade Risk. One of my favs. #edge ?⤵

‘Volatility markets are pricing in virtually zero risk in the near term.’

The time to worry about VXX is when volume (as % of total shares outstanding) dries up.

$VIX short exposure.

$SPY S&P 500 / $SPX:

NEW Blog – “How Concerning Is The Underperformance Of The Equal Weight S&P 500?” https://www.seeitmarket.com/how-concerning-is-equal-weight-sp-500-underperformance-16824/ … by @CiovaccoCapital
$SPX $SPXEW

$SPX in only 7-point range Tuesday, ahead of FOMC. I’d say that low Average True Range (ATR) is marking a top, but it has not worked lately.

Surprisingly enough, YoY growth in margin debt has historically been a positive sign for the S&P

$NG_F Natural Gas:

NA

Markets Looking Forward:

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: On mic at 9:05 for Premarket Review
Sartaj: Good morning, everyone
Curt M_1: Morning Sartaj – won’t be on mic until 9:10 watching a few stocks here
Curt M_1: On mic for premarket review 9:10
quarryrock: good am all
Flash G: gm
Sartaj: 15.79
Spiegel: 15.85?
Sartaj: Spiegel wins
Spiegel: I WIN!!!
Spiegel: Send me my prize.
sfkrystal: anyone else getting regular drops from this room?
Sartaj: No, everything sounds fine on my end
Sartaj: haven’t been kicked, either
sbrasel: thoughts on twlo?
sbrasel: below ipo and heavy short interest
sbrasel: not sure
sbrasel: they blamed it on uber
sfkrystal: $PIRS down to 3.23 ask
Market Maven: $TWLO Ilike that idea thanks!
quarryrock: took a bath on my GRPN casino play
sbrasel: 35 % short interst
Flash G: Long $TWLO 24.65 small start
Lenny: I need a bath
Lenny: In $TWLO with ya Flash
Lenny: panny moregoing t oplay the range to res
quarryrock: AMD nice DCB
Spiegel: hot crappy low priced stock today with lots of twitter buz is budz
Spiegel: BUDZ
Spiegel: terrible daily but like CNBX due for a bounce
Market Maven: A lot of short opps at open.
sfkrystal: like that $PIRS held 3.08
Spiegel: PIRS turning up nicely
sfkrystal: in from 3.20 $PIRS
quarryrock: STC $QQQ .52 +27%
Lenny: $PIRS snap back could get huge
Spiegel: good one krystal. Was looking to get in and I looked away at something else and it took off without me
Sammy T: yep nice
Flash G: $GILD bottom on watch
Sammy T: $FNCX 19%
Spiegel: Did you remember to reboot your computer before open today?
Curt M_1: ha ya
quarryrock: $FSLR on the loose !
Sammy T: $MTBC pressure
Sammy T: Long $DUST starter
Curt M_1: $TWLO res tes
Curt M_1: res test
quarryrock: BTO $CRM 86.5 Ps .42 5/5
Sartaj: Putin and Erdogan press conference in Sochi
Spiegel: BUDZ 1.42 now
Spiegel: 1.48 now. Think it was 1.32 when I first mentioned it
Spiegel: You need a gaming laptop
sfkrystal: $PIRS nhod
Spiegel: AMLH moving
Sartaj: 5 minutes to #EIA
Curt M_1: Close $UWT 16.16 1200 shares small win from last night swing
Sartaj: Spiegel hasn’t seen this in real-time before
Sartaj: Quite a few people in here who haven’t
sfkrystal: whoah
Sartaj: SEE?!
Sartaj: WE’RE NOT CRAZY
sfkrystal: that’s… insane
Sartaj: Managed markets
Spiegel: So was EPIC calling for it to drop there?
Sartaj: Intersect the span of the quadrant, with a high probability of dropping through its lower supports
Sartaj: But if you want to be specific, an algorithm calls one output; in this case, a price/time. So we knew it would hit 47.83 at 10:30 am exactly
Sammy T: EPIC
Sammy T: good name
Spiegel: You weren’t holding any positions though when that oil report came out though, right?
sfkrystal: brilliant
Spiegel: I’ve decided I’m definitely joining the EPIC bundle on June 1 for 6 months.
quarryrock: $X woodshedded
Lenny: super cool stuff
Sartaj: Not much more to say. Now you all know where the frustration comes from when everyone’s bullish (TV, fintwit, etc.), and EPIC is calling these turns literally weeks in advance. The latest top, for example – called six weeks in advance
Sartaj: And then, when the turn was happening, people are still sending DM’s “oh hard to say where oil will go…”
quarryrock: STC $CRM Ps +.11 26% hitting singles
Sartaj: I’ll get a highlight video up later today
Spiegel: I wouldn’t let it bother me. Youre making big money and you have the satisfaction of always being right
quarryrock: all the large QQQ names choppy
Curt M_1: $TWLO having hard time with 200 MA on the 3
Curt M_1: I literally never lose in oil plays – when room is open I’ll trade intra day too like mad – that chart you see is a 30 min – but those are available on all time frames for tight trade or wide trade
Spiegel: When am I supposed to sleep?
Curt M_1: I don’t now you know why
sfkrystal: lol
Spiegel: there must be a dead hour or two between different sessions
Curt M_1: I haven’t slept since EPIC was invented
Spiegel: Oh wow!
Curt M_1: hardly lo
Sartaj: Coding phase will alleviate some of that pressure, but you get even less sleep during software development
Sartaj: so.
Spiegel: Guess I’ll just have to develop a coke habit combined with Monster energy drinks in order to stay awake and trade EPIC
Curt M_1: and we have the algos now for other things like Gold etc so we’re puped about the future
Curt M_1: coke would help ya
quarryrock: BTO $146 $AAPL Ps .76
Spiegel: LOL – great. And I’ll be able to afford it too!
Spiegel: kidding of course
Sartaj: pays for itself
Curt M_1: Long $TWLO 24.98 800 shares
quarryrock: STC $APPL P’s quick scalp .11 $500
Spiegel: AMLH finally broke a penny.
ny75: snap 20 cross 200 on 3 min coming up
quarryrock: AAPL may go find that $145 again
Curt M_1: Going for coffee – will be back for lunch hour review. Will watch $TWLO while gone and dump it if it loses much more than VWAP
ny75: what is the target for twlo?
Curt M_1: I don’t have one – just a daytrade snipe
ny75: ok thanks
quarryrock: BTO $SLW $19.50 Cs .27 5/5
quarryrock: miners are waking up
Hedgehog Trader: $EXK beasting (silver miner)
Sartaj: Midday Chart Review starts at 12:05
Curt M_1: On mic>>>>>>>>>>>
ny75: $shop
Spiegel: JNUG
mat: Old fave ASM trying to base off of a sloppy looking double bottom at 1.4/1.41. Im in a few looking for another run
Spiegel: MAybe AMLH
Hedgehog Trader: Mat- look at $EXK
Hedgehog Trader: it’s one the best performers today for great fundies
mat: Will do. TAHO was a crazy earnings beat. I think they are backloading a lot of their costs to the rest of the year or something
mat: EXK looks good. PPP puting in a similar move after nice earnings as well. PPP had a large strike going at it’s major mine so the rest of the year should rock
Hedgehog Trader: and Mat- $NAK
Hedgehog Trader: been strong during downdraft
mat: NAK is on my DNT list lol
ny75: shop
Hedgehog Trader: ha 🙂
Hedgehog Trader: $SINO always strong
Hedgehog Trader: i’m looking for shippers to rally hard into mid-May
Hedgehog Trader: my signals indicate a very large magnitude move in next 15 days for $EXK
Hedgehog Trader: makes sens if you believe miners will break out
Hedgehog Trader: of their slump and run
mat: Silver is oversold hard and GDX has been acting better. Put in its low last week while silver/gold continue to be weak so that tells em miners want to rally if the base metals cooperate
mat: gdxj/gld ratio is also in the gutter
Hedgehog Trader: gold usually bottoms after miners
mat: Yepp, usually miners front run the metals. I’m looking for this week and next weeks earnings to be the catalyst to get things moving north
Hedgehog Trader: Mat i get we’re likely to see them run to at least May 16th
sfkrystal: $PIRS might be setting up
will: pulm?
Hedgehog Trader: Opa!
ny75: question: are you in snap in your swing side port?
Hedgehog Trader: that’s okay Curt, can’t get em all. besides, you can make bank on LACDF
Hedgehog Trader: tremendous fundies behind lithium right now
Spiegel: I’m just worried about them defaulting.
Hedgehog Trader: some of these had long consolidations
Hedgehog Trader: like $ESEA and investors aren’t always sure when to jump in
Hedgehog Trader: LACDF also had $440k of insider buying since Apr 11
Spiegel: TWLO making at bit of a comeback
Spiegel: When market gets soft, are you set to do bearish 3X ETFs?
Curt M_1: yes sir
Curt M_1: and it may not get soft
Spiegel: Great!
Sartaj: brb
Spiegel: I’ve got TWLO options expiring Friday
will: cbli pulling back today
Spiegel: My TWLO options up 53% if I sell at the ask
Curt M_1: $VWR halt
Spiegel: TWLO continues to impress
Spiegel: Only $1 from target
Spiegel: Even Wikipedia has all you need to know
Spiegel: Sorry, that ws for someone else I was chatting with
Spiegel: TWLO 25.99!
Spiegel: $even the even $26 didn’t slow it down too much
Sartaj: It’s actually going, but the MACD is about to peak
Spiegel: Selling my options
Sartaj: Nice
Spiegel: out
Sartaj: Just in time
Sartaj: Hello, Bernard
sfkrystal: $VWR should go to at least 40% on the day
Curt M_1: You’ll like it Spiegel
Spiegel: In at .65. Endured some pain and almost sold. Sold for 1.25 for 92%
Spiegel: Peaked at 1.50 ask
Curt M_1: nice
sfkrystal: which was that spiegel?
Spiegel: TWLO call options
Spiegel: May 5, $25s
sfkrystal: ah, ok options ic
Spiegel: very risky since so short term
Spiegel: If TWLO stayed under $25 by Friday I’s lose everything. So I didn’t bet big.
sfkrystal: $PIRS has trouble with 3.72
Spiegel: Getting out of TWLO was great timing. If I had to sell now bid on the option is only .75 so just 15% profit. cents profit
sfkrystal: back in $PIRS from 3.72
Market Maven: $PIRS could break out here for sure
Spiegel: Agree Maven. Right at the breakout level now
Spiegel: 3rd times a charm
Curt M_1: $HIL halt
Spiegel: I want back in to TWLO options but my history has always been when I go back for seconds I lose. Should just be happy with what I’ve made
Flash G: yes
Spiegel: Lets just mark the stock here 25.85 and see how it wouldve worked out for me.
Spiegel: I’m not buying
Spiegel: watch, this will be the time it wouldve realy worked out
Spiegel: $26.75 here we come!
Spiegel: JNUG almost $17!
Sammy T: Miners are frisky with FOMC for sure
Curt M_1: Fed unchanged
Spiegel: as expected
Flash G: $GOOGL has legs under it.
Hedgehog Trader: $ASM chart now looking good
Spiegel: maybe not for long if gold keeps going down. I can’t believe rates unchanged is making it fall. It should be making it rise.
Flash G: Fairly quiet post FOMC – should pick up after oil closes at 2:30
Curt M_1: $TWLO out 25.59
Spiegel: So glad I didn’t rebuy the options. Old Spiegel would have
Curt M_1: Should have bailed when resistance was tested
Curt M_1: haha
Curt M_1: 24.98 buy 800 shares out 25.59 was originally going to close at 26.30 ish ugh
Sammy T: Long $PIRS 3.90 for a test on break-out
Flash G: Russell didn’t hear what it wanted that’s for sure
Sammy T: Would be nice to get a power hour
Hedgehog Trader: instead of a powder hour
Hedgehog Trader: or a chowder hour
Market Maven: yup
Spiegel: FNBC looking good
Hedgehog Trader: btw for miners have a look at $GPL, Mat
Hedgehog Trader: https://twitter.com/HedgehogTrader/status/859846780288200704

Sammy T: Have a good one all! See you tomorrow.
Bernard: Hi Sartaj
Bernard: I haven’t been watching much today. lol
Market Maven: You too!
Sartaj: Just as well. In any case, looks like there was some interesting stuff going on with oil today. Did you go short?
Bernard: Unfortunately, I didn’t.
quarryrock: interesting behavior on AAPL all day
Sartaj: Nice to hear from you, in any case. We usually don’t hear too much from the newsletter people haha
Sartaj: Nice to hear from you, in any case. We usually don’t hear too much from the newsletter people haha
Lenny: Night all
Bernard: haha. yeah. I’m waiting for oil to bottom out and ride it back up
Curt M_1: Night golks
Bernard: If I’m reading chart correctly, the bottom should be 47.30 unless it breaks support, right?
Sartaj: Can you send that again over email, please? We are about to shut down the room
Bernard: sure
Sartaj: Thanks

If this post was of benefit to you, be kind and share on social media!

 

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Article Topics: $UWT, $TWLO, $PIRS – $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

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PreMarket Trading Plan Wed May 3 $PIRS, $PHMD, $ESES, $BLDV, $BVTK, $VRX, $TAN, $GSIT

Curt MelonopolyTrading Plan, , , , , , , , , , , , , ,

Compound Trading Chat Room Stock Trading Plan and Watch list for Wednesday May 3, 2017; $PIRS, $PHMD, $ESES, $BLDV, $BVTK, $VRX, $TAN, $GSIT – $UWT, $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:

Last week Thursday, Friday and Monday post market reports will be out soon (we’re a little behind with processing reports).

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

Most recent lead trader blog posts:

https://twitter.com/CompoundTrading/status/858581529727049730

https://twitter.com/CompoundTrading/status/846494014635429888

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.

https://twitter.com/CompoundTrading/status/841078264537993218

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

https://twitter.com/CompoundTrading/status/853551912599400448

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

Morning momentum stocks on watch so far: $PIRS $PHMD $ESES

Markets: $SPY $ES_F $SPX mid range floating, $GLD Gold on its second day sitting right at that magic support area, $GDX, $SLV are in no man’s land lost still. $USOIL, $WTIC hit that resistance I talked about yesterday and kaboom and landed on support and bounced a tad and I’m long for a quick trade. $DXY has been flat just under 200 MA for seven days as is $VIX trading near 10 year low (as of Monday)

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

Gaps to Watch: 

Stocks with News:  $PIRS, $OPHT, $SNGX

SEC Filings to Watch: 

Short Term Trader’s Edge: 

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

Various Chart Set-ups on Watch: $GSIT, $TAN $IBB, $UNP, $LL, $MACK, $AGN, $CRM, $BRE, $RARE

Break-out Chart Set-Ups: $ALNY, $YNDX Buy on dips, $SSW has a resistance break-out, $HF, $CRY, $NOK.

Moving Averages Chart Set-Ups: $RTIX, $BLMN, $SNAP, $JUNO, $GREK, $UAA (20 MA about to cross up 50 MA)

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change. Apple earnings today.

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:

S&P -0.14%.

10-yr -0.05%.

Euro -0.15% vs. dollar.

Crude +0.38% to $47.84.

Gold -0.14% to $1,255.23.

7am
Mortgage Apps

8:15am
Employment Report

8:30am
U.S. Job Creation Index

10am
Non-Mfg Index

10:30am
CRUDE Report

2pm
FOMC

Futures dip ahead of Fed decision https://seekingalpha.com/news/3262681-futures-dip-ahead-fed-decision?source=feed_f … #premarket $SPY $QQQ $DIA $SH

$OPHT Ophthotech Reports First Quarter 2017 Financial and Operating Results http://files.shareholder.com/downloads/AMDA-25HR8L/4405728326x0x940569/cfd3cab0-fd71-4202-a57c-60c7e9d565ad/OPHT_News_2017_5_3_General_Releases.pdf … Cash Position 227M market cap 102M

$PIRS +52% here is the news http://www.pieris.com/news-and-events/press-releases/detail/562/pieris-pharmaceuticals-and-astrazeneca-collaborate-to …

$SNGX Soligenix receives FDA protocol clearance of SGX942 Phase 3 clinical trial

Sprint shares gain 4% premarket after Q4 revenue beats expectations #stocknews

The Oprah effect is paying off big for Weight Watchers. $WTW posts surprise profit & jump in subscribers. $WTW up nearly 15% #premarket.

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 : $PIRS $PHMD $ESES $STRP $FEYE $OB $WTW $APOP $PSTI $LLNW $FSLR $DLPH $NVO $CTXS $VRX $OCN $MDLZ $TVIX I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List :$TWLO $ETSY $AKAM $CRAY $FTR $OCLR $FCX $RIO $AAOI $ACIA $GILD $DXCM $XIV $SPY $QCOM $SHOP $APC $PRGO $SYF $STM $ERIC $BDSI $AAPL $USLV $GLD 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:  $FEYE $ARRY $FSLR $HP $MCD $KGC $STE $KAI $MDLZ $OAS $BMY as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $PBPB $AKAM $QTS $VRSK $XOG $SRCI $APC $CHTR $TWLO $COR $BLKB $GHDX $FIS $APC $BMY $SYF $SHOP $DXCM 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: $PIRS, $PHMD, $ESES, $BLDV, $BVTK, $VRX, $TAN, $GSIT – $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

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Post-Market Tues May 2 – Day Two Trading Challenge $ANGI, $ELED, $CNBX, $ETBI, $UWT

Curt MelonopolyPost Market Report (Trade Results), , , , , , , , , , , ,

Compound Trading Tuesday May 2, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $ANGI, $ELED, $CNBX, $ETBI, $UWT – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

If there was a day for a learning trader to gets some education from our trading room it was Monday. See video at link below.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list has started. Keep that in mind if enrolling or email in advance.

https://twitter.com/CompoundTrading/status/858970678342451200

Tuesday was day two of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

https://twitter.com/CompoundTrading/status/858581529727049730

Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)

 

https://twitter.com/CompoundTrading/status/859351336336461824

Premarket Trading Plan Watch-list for this session can be found here (locked to respect members and unlocked to public about a week later for transparency):

https://twitter.com/CompoundTrading/status/859383936987914240

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) Tuesday won’t be published (lacking content):

$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

https://twitter.com/CompoundTrading/status/859067029487321089

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published – lacking content:

$OCN $YTEN $MTBC $CCCN $TWTR $AEZS

https://twitter.com/CompoundTrading/status/859098292231307264

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published (lacking content):

Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV

https://twitter.com/CompoundTrading/status/859111267012882432

Most Recent Public Swing Trading Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER

https://twitter.com/CompoundTrading/status/853551912599400448

Premarket Session: 

Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOC

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

$ANGI Premarket up 56%

Market Day, Chat Room Trades and Personal Trades:

$ANGI, $ELED, $CNBX, $ETBI, $UWT

So far on the two week trading challenge Monday I tool a trade in $MTBC and today in   both for small wins and late Tuesday (in after market) I took a long position in $UWT (oil related). And I was in $ANGI for a paper cut loss.

Quarry Rock is rocking it! I need to do some catch up:)

Traders in our room were also in $CNBX and $ETBI.

Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%

In Play: $MTBC, $CGI, $SHOP, $CHGG, $NXTD, $OCN, $BDSI, $DGAZ High Uncertainty: $DBVT, $ANGI, $ALV

In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%

$ELED OTC Strong in to the close 34% today holding for now.

$ETBI OTC Holding trend still up 8% on the day. #OTC 49M shares double normal.

$CNBX Closing near HOD also. Up 19% on the day. #pot #OTC

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

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

https://twitter.com/CompoundTrading/status/857416340533018624

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
ANGI 9.51 61.46% 26455500 Top Gainers
SPAN 28.90 32.93% 218253 Top Gainers
CHGG 11.79 28.71% 13036700 Top Gainers
BASI 1.54 23.20% 3013000 Top Gainers
THC 18.66 21.56% 16929409 Top Gainers
CYH 10.32 19.72% 14792503 Top Gainers
CHGG 11.79 28.71% 13036700 New High
SPAN 28.90 32.93% 218253 New High
IAC 96.24 14.31% 6211322 New High
SARA 0.14 0.00% 18874 New High
OHGI 2.08 13.79% 685533 Overbought
BCEI 37.95 -3.19% 329200 Overbought
MOC 2.83 12.30% 1805695 Unusual Volume
ASBB 40.50 15.71% 257140 Unusual Volume
SPAN 28.90 32.93% 218253 Unusual Volume
SARA 0.14 0.00% 18874 Unusual Volume
BSBR 8.87 3.38% 4107200 Upgrades
ACRE 13.42 -4.76% 242600 Earnings Before
MDSY 0.73 4.29% 40271 Insider Buying

Algorithm Charting News:

Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

https://twitter.com/EPICtheAlgo/status/858952483720151040

Don’t miss this video. #algorithms #fibonacci

https://twitter.com/CompoundTrading/status/857297652765138944

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Swing Trading Notes / News:

For our swing trading platform users there is a new report out.

Protected: Weekly Swing Trading Updates Mon May 1 $IBB, $AGN, $CTSH, $TSLA, $SNAP, $VGX, $AAU, $NVO…

https://twitter.com/CompoundTrading/status/858989421021978625

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

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

USD/JPY bets ramp.

Gold $GLD, $XAUUSD, $GC_F :

NA

Gold Miner’s $GDX:

Biggest Gold Miner ETF Just Saw Largest Outflows on Record http://www.bloomberg.com/news/articles/2017-05-01/biggest-gold-miner-etf-just-saw-largest-outflows-on-record … ht @TN

Silver $SLV:

Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV

Crude Oil $USOIL $WTI:

Was it really that hard to predict ? Go long! ? Rising U.S. oil production knocks OPEC off course: Kemp http://reut.rs/2qpkGXt via @Reuters

Energy Select Sector $XLE death cross.

#OIL Recent highs – chart perspective – it will be interesting around the corner.

Volatility $VIX:

Low volatility and Crowded Trade Risk. One of my favs. #edge ?⤵

‘Volatility markets are pricing in virtually zero risk in the near term.’

The time to worry about VXX is when volume (as % of total shares outstanding) dries up.

$VIX short exposure.

 

$SPY S&P 500 / $SPX:

NEW Blog – “How Concerning Is The Underperformance Of The Equal Weight S&P 500?” https://www.seeitmarket.com/how-concerning-is-equal-weight-sp-500-underperformance-16824/ … by @CiovaccoCapital
$SPX $SPXEW

 

$SPX in only 7-point range Tuesday, ahead of FOMC. I’d say that low Average True Range (ATR) is marking a top, but it has not worked lately.

Surprisingly enough, YoY growth in margin debt has historically been a positive sign for the S&P

$SPY $SPX play book should have plan B. ?⤵

.Looks like $SPX needs a Fed “no rate hike relief rally” to get to new highs.

https://twitter.com/NorthmanTrader/status/859431972220936192

$NG_F Natural Gas:

NA

Markets Looking Forward:

AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW

Small Caps Lagging

#BIG6 ? $AAPL $GOOGL $MSFT $XOM $AMZN $FB

Tech leading all sectors YTD (+14%) and 1-year (+31.6%). New all-time high today in $XLK and $SPY (total return).

Ratio of Consumer Discretionary to Consumer Staples hits an 18-month high. $XLY $XLP

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)
 

Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.

If this post was of benefit to you, be kind and share on social media!

Curt M_1: Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOCLINK: https://compoundtrading.com/premarket-trading-plan-tues-may-2-angi-thc-lmnx-alny-moc/PASSWORD: 051217PRE
Curt M_1: Stock Trading Results Mon May 1 $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSChttps://compoundtrading.com/stock-trading-results-mon-may-1-mtbc-ocn-occr-twtr-bldv-btsc/
Curt M_1: Back at 9:05 for premarket review>>>>>>>>
Sartaj: Good morning, everyone
quarryrock: Hello Good am
Curt M_1: gm
Curt M_1: On mic in 1 min for premarket >>>>>>>>>
Curt M_1: pn mic>>>>>>>>>>>>>>>> 9:07
sfkrystal: If the buyout bit id 8.50, why would it go higher?
sfkrystal: http://www.marketwatch.com/story/angies-lists-buyout-bid-is-well-below-ipo-price-2017-05-02?siteid=yhoof2&yptr=yahoo
Sartaj: Thank you
sfkrystal: mtbc
sfkrystal: oops
sfkrystal: down p/m
sfkrystal: but gained yesterday
quarryrock: haha
quarryrock: ss $SHOP $79.90 pre
sfkrystal: yeah volume is already 2M, could be a squeeze
sfkrystal: lol
Spiegel: ELED
sfkrystal: OHGI?
Sartaj: Literally slept in
quarryrock: ss $SHOP $82.40 last add
mat: waht a crappy open. Thought AMD or X might give me a play, weak all around so far
Market Maven: On $DISH short
Market Maven: forgot to alert sory
Flash G: $SHOP small swing doing ok but others exc
lenny: wtf haha bad open
quarryrock: BTC $SHOP $80.34 gain +.81
quarryrock: whipsawed me
quarryrock: but ill take it
Sartaj: Terrible. And as Mat mentioned, couple of these sectors should have been up, if nothing else on geo factors
Sartaj: Yesterday was interesting in terms of the Korean Peninsula, then again May Day protests could still be wearing off
Curt M_1: 21,000 shares #ELED .0462 ish waiting on ticket
Curt M_1: $ELED OTC
quarryrock: wow right trade poor entry and exit for me folks on SHOP
sfkrystal: lol
Curt M_1: 9.63 800 long $ANGIE
sfkrystal: Tori Amos did a great cover too
mat: Semi’s down hard across the board not helping SPY
Curt M_1: $ELED Long add 175,999 shares .051
quarryrock: $AMD overdone on watch here
Curt M_1: $ANGI 9.28 closed loss
Sartaj_1: Oil algo is on its way to a direct target hit
Sartaj_1: A lot easier than watching bulls get trampled lol
Market Maven: $DISH all covered
quarryrock: STC $UVXY $13 Cs +.10 25%
Spiegel: GAHC?
quarryrock: BTO $TWLO $34 Cs .87 5/5
Carol: $ADHD b/o possiblr
Spiegel: Curtis , if ELED is a big winner it was all me. But if it’s a loser it’s all yours. OK?
Flash G: haha
Flash G: awesome
Curt M_1: ok
Spiegel: CNBX here
Flash G: $RTIX re – confirming on the swing
quarryrock: added $TWLO $34 Cs .77 5/5
sfkrystal: angie agreed at 8.5
Spiegel: I did the AMD calls when it was 11.06. Up 20% so far
Market Maven: Long $AMD 11.28 for a start
Spiegel: AMD now above VWAP
quarryrock: looking for Oprah to break down more
quarryrock: still in $21 WTW puts
quarryrock: STC 50% of $TWLO Calls .98 +27%
quarryrock: that was a nice one
Flash G: good stuff
Spiegel: So I got ELED, AMD calls, and CNBX. All winners so far.
lenny: nice
quarryrock: sweet!
Spiegel: AMLH nice reversal off lows today
Carol: watching that Apiegel
Carol: Spiegel
Carol: I’m long in it
Spiegel: nice! me too
Carol: I’m under water just barely now
Spiegel: You’ll get your chance to be above water soon. Just a matter of time
Carol: not far off now any sec
Market Maven: I have added to $AMD as it goes here
Market Maven: Cost average 11.272
Market Maven: $CNBX is a should ve
Spiegel: Glad to have the Maven seal of approval for my CNBX
Market Maven: Good play Spiegel – should have ugh
Spiegel: a guess the new car you buy today will have to be just a $20,000 Honda Civic
Spiegel: I
Market Maven: 🙂
Curt M_1: I’ll let er ride see ya guys at lunch
Spiegel: see ya
Spiegel: The Gambler has just left the building
Spiegel: CNBX 1.50
Market Maven: ha
Market Maven: Stop on $AMD at buy. Not acting great.
quarryrock: $PI back from the dead and ripping. still in swing
Market Maven: $CNBX 1.80 possible today even 2.00 if it really gets a squeeze
Spiegel: AS long as it hold VWAP I’m ok with it
Spiegel: but then again my entry is options when it was 11.06
Market Maven: Speaking of VWAP, Curt will close $ELED below VWAP and the 21 ema guaranteed FYI even if he’s out of office – he’ll hold through some pressure but not a complete wash out
quarryrock: wow $TWTR rip
sfkrystal: maven, which freq VWAP? 5 min?
Curt M_1: Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%
Market Maven: I use 5 min on intra day trades normally yes
Market Maven: VWAP
sfkrystal: ty
Market Maven: np 🙂
Market Maven: specific to $ELED comments yes also 🙂
quarryrock: $TWLO should find $34 flat by the close if im reading the options chain correctly
quarryrock: waiting game now
Spiegel: There went my AMD profits. poof. out
Market Maven: ya thats why i closed earlier – it didn’t look good
lenny: agree
Spiegel: you were correct. What didn’t look good to you? MA’s curling down?
Greg: yup
Market Maven: just trading action and price didn’t get lift I think it should have after VWAP – was a guess really
sfkrystal: $ANGI asc triangle, i’m so confused.
Spiegel: WEll, you were right and that’s what matters in the end
sfkrystal: i mean not that actual value has anything to do with trading or anything, but… still confused.
Market Maven: $ANGI will likely dump imo haha value who cares we trade anything
Greg: enjoying the swing trade side Curtis – good system
Market Maven: hes out till noon fyi
Market Maven: but he’ll like to hear that
Market Maven: Flash does well with it too
sfkrystal: in your opinion. lol
Spiegel: Maven, do you do the swing service too. And the oil?
Market Maven: Just Swing. But the Oil is crazy spectacular I know that.
quarryrock: im tempted to ss $HUBS into their ER tonite. but the smarter play is to wait for the report and then lean in – this stock is just insane
Market Maven: Swing is super simple 2 hours a week..
Market Maven: yup
Spiegel: I’m thinking of joining oil when it gets the 24 hour room but am worried about getting addicted to it and it killing my life. I might be in there all the time like a gambler or drug addict.
Flash G: I concur. The swing is about 3 hours a week for me and deceptively simple. the KISS method works.
Spiegel: I’m used to the KICC method – Keep It Complicated & Convoluted
lenny: The oil if you follow the signals you won’t lose. Maybe 3 – 5% of the time but small when you do. It’s tuned in. You should look at the reports from past. But yeh I get the addicted part.
lenny: EPIC is tight.
Spiegel: you in it Lenny?
lenny: Curt will be adding to $ELED soon haha
lenny: yes
Spiegel: And with EPIC , what of the many oil vehicles do you trade – WTI?
lenny: me Flash Maven Curt OILK been trading together for some time and Shafique and Sandra i Guess
lenny: i trade futures Curt trades ETN’s and OILK futures
lenny: Curts moving over to Futures
Spiegel: hmmm. and theres clear signals when to buy or what oil is heading towards
lenny: Exact signals – looks complicated but its simple
lenny: The algo account I think ROI is 1200% a year or so
Spiegel: Could you guess how much youre up this year with it or since you joined it, roughly?
Spiegel: WOW!!!
lenny: TThey’re publishing soon – they’re just waiting for legal I think – contracts for subs – its a big deal EPIC
Spiegel: you mean the 24 hour room?
lenny: it’s going to be YUGE ha
lenny: EPIC is being coded so it will go beyond a chart and its going to be a digital dashboard for traders
Spiegel: that does sound epic!
lenny: Intelligent Assistant they call it
lenny: its just a digital assistant – chart works the same
Spiegel: what will the digital assistant do then?
lenny: you should look through the calls – crazy calls – every ime oil is going to turn up or down EPIC hits it
lenny: digital interface that will signal for you the trades on different time frames
Spiegel: that is exactly what I would like
lenny: it will be very expensive
lenny: likely 10k plus a month
Spiegel: Well there goes that.
lenny: but the charts are the same
quarryrock: ss $COH $43.07
Spiegel: I’ll stuick to the email version then
lenny: its the same
Spiegel: But the EPIC emails are around $500 a month, right?
lenny: digital assistant is for after you’ve made a few million on the charts
lenny: no i think i pay les than 200 with the discount
Sartaj: The 24 hour room (EPIC bundle) is about 499 a month, yes
Sartaj: After the discount, the standalone EPIC newsletter is 122 per month
Spiegel: Not $10,000?
lenny: ahh there you go
Sartaj: Well, Lenny is one of those guys who likes shopping around. He was telling us about this algo group that was licensing out solutions starting at 100k
Sartaj: per month
lenny: newsletter alone is under 200 a month with coupon code
lenny: thats all you need spiegel
Sartaj: it stands to reason that at a certain point, we’ll go from that 500 per month price range with the 24 hour room, up to 10k per month after coding phase has entered a stable build
Sartaj: not right away, but just so you get an idea of what the ranges are… yeah, they definitely get up there
lenny: right now today everyone does well with the newsletter charting it works
Spiegel: and what is the eta for the 254 hour room?
Sartaj: Curt and I were thinking early-mid Q3
Sartaj: likely Q4
Spiegel: Ah ok, so I have time. I want to spend 2 months travelling this summer
quarryrock: STC remaining 50% $TWLO calls $1.08 +24%
lenny: last I heard was late fall
quarryrock: plus $2k total on TWLO trades.
lenny: nice Q
Sartaj: Yes, you have ample time. In terms of the standalone newsletter, it might be worthwhile, if for nothing else than to acquaint yourself with how it’s used etc
quarryrock: its got more in it! but i wanted to take profits here
Market Maven: good plays quarry
quarryrock: thanks guys! these ER names always have an implied bid under them
Market Maven: Curt’s gonna be anxious to catch you Quarry
quarryrock: haha
Market Maven: 🙂 It’s good for him.
Flash G: Looks like Spiegel, Quarry and Krystal are a good fit if you ask me.
Spiegel: So what extra do you get currently with the EPIC bundle over just the EPIC newsletter?
Flash G: My two bits.
Sartaj: Nothing in particular, but you do reserve your pricing at the inaugural rate
Spiegel: lol.
Spiegel: Will the pricing go up over the summer and early fall before it’s released?
Spiegel: the 24 hour I mean
Market Maven: $ELED going to be a runner maybe.
Sartaj: I will get back to you on that. Our development process is agile; hard for me to say yes or no right now
Spiegel: Will you at lest give us notice before you do so I could lock in at the current price?
Sartaj: but we have you on a reserved list, in any case, so yes
sfkrystal: ya i’m liking the handle $ELED
Sartaj: of course
Spiegel: gret!
Market Maven: It’s looking serious.
Market Maven: Waiting patiently.
Market Maven: For confirmation
Spiegel: ELED just took a little spill. Hope its temporary
Spiegel: was humming along nicely and then ploop
sfkrystal: lol that was my fault for saying i liked it
Market Maven: It’s holding up in down time of day. That’s what I like.
Market Maven: There’s no panic at all.
Spiegel: AMD sure ain’t holding up. Looks like is cracking 11
Flash G: I like the swings and my after lunch scotch. And watching you bucks stress all day.
lenny: $AQB halt!
Curt M_1: On mic 12:05 for mid day chart review>>>>>>>>>>>>>
Spiegel: Only thing I don’t like about ELED here is the spread. about 4%
Spiegel: it just narrowed as I typed that
Spiegel: bid is back up
sfkrystal: $ANGI has held it’s gains too lol
Hedgehog Trader: hey all
Sartaj: “robots” lol
Sartaj: Hey hedge
Spiegel: ELED chart a work of beauty. Look at 5 min. Every day it has a quick peak, then levels out to slightly lower,…next day another peak then levels out. day after day
Spiegel: this is day 7 of that
Sartaj: Wow
sfkrystal: yes looks like a perfect pump imo
Spiegel: can’t deny that
Curt M_1: need 2 mins finishing a call
quarryrock: oprah fade!
Sartaj: Japan declared BTC a legal currency today
sfkrystal: nice!
Spiegel: need a bitcoin algo now
Sartaj: Very nice, until they find a way to tax it 😀
sfkrystal: hah true
Spiegel: 24 hour room
Curt M_1: Bank of Japan also invests in derivitives bahahaha
Spiegel: I’ll sleep when I’m dead
Sartaj: Yeah I guess they are masters of air
Curt M_1: ok on in 1 min>>>>>
Curt M_1: on mic 12:13>>>>>>>>>>>
quarryrock: $PI parabolic
Spiegel: link
Sartaj: https://compoundtrading.com/development-processhttps://compoundtrading.com/epics-story
Spiegel: Thanks Sartaj. And glad to here you’ll do more OTC’s in the future Curtis
Spiegel: It’sll make your room very popular but also attract some yahoos
Sartaj: Crowd-sourcing aspect
Spiegel: Just hope I measure up
Sartaj: Understatement
Sartaj: That was ridiculous
Sartaj: Try Opera, Curt
sfkrystal: lol
Hedgehog Trader: Mercury in Retrograde
Sartaj: I should have exited at resistance
Sartaj: Becoming a swing
Sartaj: OPEC didn’t haev good news
Sartaj: have*
Spiegel: I am
Spiegel: ttheres not much time left for it to hit that circle now after todays dip. so will it still head towards it on move towards price in that final circle now?
Sartaj: We have seen more often than not, as Curt said, that price will spike directly into the target zone, sometimes at the very last minute
Spiegel: or move
Sartaj: Or within a very tight time-frame
Hedgehog Trader: nice Sartaj
Sartaj: Even Gary was tripping out
Sartaj: and he’s been around
Spiegel: fascinating. i have to be a part of this.
Spiegel: ROX
Hedgehog Trader: $LACDF
Hedgehog Trader: hah
Spiegel: ROX is a swing for me. Not usually huge moves any day
Hedgehog Trader: i am very bullish on lithium which has been very strong – and has some great catalysts
Hedgehog Trader: TSLA is going to build 4 new gigafactories this year
Hedgehog Trader: and China is opening several battery factories in the next couple of months
Hedgehog Trader: India is going full electric by 2030- lithium is a great short and long term sector
Hedgehog Trader: 3 insiders bought $440k worth of LACDF shares since April 11
Hedgehog Trader: and i am also seeing multiple lithium stocks with insider buying
Leanne: Have a great afternoon everyone, gotta run. Thanks Curtis.
quarryrock: sold $PI swing +$1.19
Spiegel: $ROX also please. Although too extended for a buy here. I’ve been in it awhile.
Hedgehog Trader: Spiegel – I like $ROX too
Spiegel: 🙂 Not just great technically but fundamentally also
Hedgehog Trader: i agree
Hedgehog Trader: amazing strength and lack of volatility in $NAK during the latest gold and silver correction
Spiegel: ROX is ginger beer
Spiegel: which I hate
sfkrystal: lol, i’m just a confused newbie
quarryrock: hi
quarryrock: im up about $4500 on the day – left alot of money on the table with TWLO
quarryrock: only have 3 positions open now SLW undewater a little and WTW , COH ss
Carol: $BOMT on the move
sfkrystal: $BONT 😉
Flash G: $VRX NHOD
Spiegel: CNBX rockin it
Spiegel: 1.60 now
Spiegel: has had a horrible time of it on the daily. appears ready to bounce decently for hopefully more than a day
Spiegel: I use ema’s so the 20 has crossed the 200 using that (as of today)
Spiegel: Gotta go. Everyone enjoy the rest of your day!
Flash G: BYE
Curt M_1: CYA
Market Maven: bye spiegel
quarryrock: $WTW is a case where ss via the stock a better plan than puts.
Curt M_1: $CHGG break out see if it confirms
sfkrystal: $ELED broke vwap
lenny: whay do u say that quarry?
quarryrock: the delta on the premium doesnt move much relative to the underlying stock price
quarryrock: stock is down 2.2% and premium on the $21 Ps hasnt moved much at all
lenny: hope you do a blog piece about your trades in this chalenge – would like to learn about it
quarryrock: absolutley happy to share
quarryrock: now TWLO is exact opposite. the premium is hair triggered to the stock – Implied Volatility is high
Carol: $VNCE downed over 60% on that halt
quarryrock: went right to $34 bucks as advertised earlier. unfortunately i wasnt patient enough
quarryrock: BTO weekly QQQ $137 Ps .41
Curt M_1: OIL TANK
Curt M_1: AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW
lenny: zzzzz
Carol: yup
quarryrock: BTO $GRPN $4 C’s .32 this is a small casino trade. unlikely to hedge this implied move is 15% tomorrow. small size
sfkrystal: so now that vwap has gone up and the price has remained essentially the same, would curt get out of $ELED?
sfkrystal: if either price comes down or vwap/ma goes up for a cross either way
quarryrock: this tankage in AMD is shocking
sfkrystal: $CHGG nhod
Curt M_1: reboot
Carol: $TWTR a champ but I think I will close my swing now.
Flash G: wise
Curt M_1: Would be nice to see $ELED break out here for EOD run:)
Curt M_1: Volume in that candle $ELED
Market Maven: You still hold $ELED Kyrstal?
Curt M_1: In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%
Curt M_1: There we go!
quarryrock_1: BTC ss $COH loss of $55
quarryrock_1: waste of time trade oh well
Flash G: win some lose some
Market Maven: win more than you lose!
quarryrock_1: yep!
Curt M_1: Hey Krystal I have a guy in UK that wants info on trading US stocks from UK – could you chat with him on Twitter or no?
Curt M_1: I had to chi out there over the last 6 mins Closed
Curt M_1: $ELED Average 5294 completely out
lenny: Looks like Krystal is gone
Sartaj: See everyone tomorrow, peace
quarryrock_1: STC $WTW loss of .16 10%
Curt M_1: wow look at that candle lol
quarryrock_1: wasnt going to risk the Puts position
Curt M_1: cya Sartaj!
Curt M_1: Thanks for coming out Quarry!
Curt M_1: and kicking my ass lol!
Curt M_1: “I’ll be back”
quarryrock_1: cheers ! great day and AH next!!
Market Maven: c ya

Follow our lead trader on Twitter:

Article Topics: $ANGI, $ELED, $CNBX, $ETBI, $UWT  – $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

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PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOC

Curt MelonopolyTrading Plan, , , , , , , , ,

Compound Trading Chat Room Stock Trading Plan and Watchlist for Tuesday May 2, 2017; $ANGI, $THC, $LMNX, $ALNY, $MOC – $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:

Last week Thursday, Friday and Monday post market reports will be out soon (we’re a little behind with processing reports).

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

Two week double account trading challenge on this week?Live in room recorded ? Slay that dragon finally?? #trading #premarket #stocks

Most recent lead trader blog posts:

https://twitter.com/CompoundTrading/status/858581529727049730

https://twitter.com/CompoundTrading/status/846494014635429888

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.

https://twitter.com/CompoundTrading/status/841078264537993218

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

https://twitter.com/CompoundTrading/status/853551912599400448

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

Morning momentum stocks on watch so far: $ANGI, $BDSI, $HLTH, $THC

Markets: $SPY $ES_F $SPX mid range floating, $GLD Gold is off a bit sitting right at that magic support area, $GDX, $SLV are in no man’s land lost still. $USOIL, $WTIC is still under significant pressure but got a pop and is near an important resistance. $DXY has been flat just under 200 MA for six days as is $VIX is at 10 year low (as of yesterday)

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

Gaps to Watch: 

Stocks with News:  $ANGI, $THC, $LMNX, $ALNY, $MOC

SEC Filings to Watch: 

Short Term Trader’s Edge: 

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: $IBB, $UNP, $LL, $MACK, $AGN, $CRM, $BRE, $RARE

Break-out Chart Set-Ups: $ALNY, $YNDX Buy on dips, $SSW has a resistance break-out, $HF, $CRY, $NOK.

Moving Averages Chart Set-Ups: $RTIX, $BLMN, $SNAP, $JUNO, $GREK, $UAA (20 MA about to cross up 50 MA)

$ANGI, Premarket, Trading, Plan, Stocks
$ANGI Premarket up 56%

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change. Apple earnings today.

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:

FOMC Meeting Begins

8:30am
Gallup US ECI

8:55am
Redbook

S&P -0.05%.

10-yr -0.1%.

Euro +0.06% vs. dollar.

Crude +0.63% to $49.15.

Gold +0.05% to $1,256.14.

$MOC Announces $80M Contract Award to provide security services with a major on-line retailer

Advanced Micro Devices -12%; Macquarie downgrades, Jefferies defends https://seekingalpha.com/news/3262129-advanced-micro-devices-minus-12-percent-macquarie-downgrades-jefferies-defends?source=feed_f … #premarket $AMD

$TNXP – Tonix Pharma Reports Issuance of US Patent for TNX-102 SL Composition, Formulation

$ZIOP Announces FDA Acceptance of IND for CD33-Specific CAR-T Cell Therapy Targeting Relapsed/Refractory Acute Myeloid Leukemia

Merck higher after boosting full-year guidance https://seekingalpha.com/news/3262068-merck-higher-boosting-full-year-guidance?source=feed_f … #premarket $MRK

Mastercard shares rise after first-quarter earnings beat http://on.mktw.net/2p461gB

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 : $ANGI 56, $BDSI, $HLTH, $THC $CHGG $BBD $OCN $COH $TNXP $GLPG $FLT $SBGL $HMY $$PLUG $AUPH $SDRL $UWT $SQ I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: $AMD $ITCI $MEDP $TMHC $DWT $DGAZ $SHOP $NVDA $CLNT $AEZS $CCCR $AGNC $OCN 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: $WCC $SSW $BSBR $CHGG $FLT $COR $YAMCY $MDP $TRGP $CACC $ETP as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:  $ANGI $FTV $ITCI $CAA $AJG $DFT $CCOI $RDUS $FPO $CNA $AMD $JIVE 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: $ANGI, $THC, $LMNX, $ALNY, $MOC – $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

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Post-Market Mon May 1 $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC

Curt MelonopolyPost Market Report (Trade Results), , , , , , , , , , , , , , , ,

Compound Trading Monday May 1, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

If there was a day for a learning trader to gets some education from our trading room it was today. Trust me. Go to our YouTube page and sift through the two videos A and B of raw footage (yes you will have to find the areas of the day where there was live voice broadcast) and take a seat and listen up. I’ll GUARANTEE YOU there are nuggets in there for a LIFE LONG TRADING EDUCATION.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list has started. Keep that in mind if enrolling or email in advance.

https://twitter.com/CompoundTrading/status/858970678342451200

 

Many Thanks to Quarry Rock for Participating in the 2 Week Double Account Challenge!

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

https://twitter.com/CompoundTrading/status/858581529727049730

Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)

Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming someday soon).

https://twitter.com/CompoundTrading/status/859002515110731778

Premarket Trading Plan Watch-list for this session can be found here (locked to respect members and unlocked to public about a week later for transparency):

https://twitter.com/CompoundTrading/status/859019420936663041

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):

$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

https://twitter.com/CompoundTrading/status/859067029487321089

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):

$OCN $YTEN $MTBC $CCCN $TWTR $AEZS

https://twitter.com/CompoundTrading/status/859098292231307264

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):

Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV

https://twitter.com/CompoundTrading/status/859111267012882432

Most Recent Public Swing Trading Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER

https://twitter.com/CompoundTrading/status/853551912599400448

Premarket Session: 

Premarket momo $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

$AEZS Halt – News Pending. Halt time: 07:56:22. #premarket

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

Market Day, Chat Room Trades and Personal Trades:

https://twitter.com/CompoundTrading/status/859068209219153921

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

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

https://twitter.com/CompoundTrading/status/857416340533018624

A winner was once a dreamer who never gave up

$INFI Member homework review. Early IMO. Daily. Wait for price above MA’s then assess.

$INFI, Post, Market, Trading, Results
$INFI Member homework review. Early IMO. Daily. Wait for price above MA’s then assess.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
MTBC 2.40 76.47% 19549415 Top Gainers
WAC 1.45 35.51% 1056417 Top Gainers
OCN 3.10 35.37% 36057000 Top Gainers
CCCR 2.51 20.10% 6131139 Top Gainers
AVNW 19.56 17.20% 101600 Top Gainers
OHGI 1.83 16.43% 1661061 Top Gainers
MTBC 2.40 76.47% 19549415 New High
AVNW 19.56 17.20% 101600 New High
MDXG 12.33 -2.84% 3894076 New High
TRVG 18.04 5.37% 1848500 New High
OHGI 1.83 16.43% 1661061 Overbought
HNR 6.94 0.43% 91700 Overbought
EEMO 17.19 2.30% 15982385 Unusual Volume
SPMO 28.84 0.56% 35200 Unusual Volume
ILTB 61.70 -1.11% 4376574 Unusual Volume
HAP 33.18 -0.06% 469120 Unusual Volume
AGCO 64.97 1.53% 1242000 Upgrades
AHGP 29.41 10.36% 240500 Earnings Before
SYK 135.77 -0.44% 851700 Insider Buying

Algorithm Charting News:

Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

https://twitter.com/EPICtheAlgo/status/858952483720151040

Don’t miss this video. #algorithms #fibonacci

https://twitter.com/CompoundTrading/status/857297652765138944

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Swing Trading Notes / News:

For our swing trading platform users there is a new report out.

Protected: Weekly Swing Trading Updates Mon May 1 $IBB, $AGN, $CTSH, $TSLA, $SNAP, $VGX, $AAU, $NVO…

https://twitter.com/CompoundTrading/status/858989421021978625

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

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

NA

Gold $GLD, $XAUUSD, $GC_F :

NA

Gold Miner’s $GDX:

The world’s biggest gold miner ETF just saw the largest outflows on record https://bloom.bg/2qlg04I

Silver $SLV:

Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV

Crude Oil $USOIL $WTI:

Energy Select Sector $XLE death cross.

Volatility $VIX:

$VXX sold short wowza.

$VIX 10 year low hit today.

Volatility Index: lowest monthly close since January 2007, 3rd lowest in history. $VIX

$SPY S&P 500 / $SPX:

$SPX Gann Square of the February 2016 low. Next Monday is the end of the 4th of 8 sub-squares. For your own analysis…

$NG_F Natural Gas:

NA

Markets Looking Forward:

Mental note: Next time around, figure out where the momentum is and then sit back and relax.

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: Protected: PreMarket Trading Plan Mon May 1 $IBB, $JIVE, $MYL, $TWTR, $YTEN LINK: https://compoundtrading.com/premarket-trading-plan-mon-may-1-ibb-jive-myl-twtr-yten/PASSWORD: PRE050117New link for trading room this week:http://compoundtrading1.clickmeeting.com/livetradinghttps://twitter.com/curtmelonopoly/status/859012074646712321

Curt M_1: Quarry Rock will be in room today and is in 2 week double account challenge with me FYI. He will also post blog posts as time allows to update his progress.
Curt M_1: Going to get coffee – on mic at 9:05 for premarket review.>>>>>>>>>>>>>>>>>>
Curt M_1: Premarket momo $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
Sartaj: Good morning
Curt M_1: Mornin
Curt M_1: on mic in 1 min for premarket >>>>>>>>>>>>
Curt M_1: on mic>>>>>>>>>>>>>>>>>
quarryrock: good morning
Sartaj: Welcome
quarryrock: thank you !
Sartaj: Currently resolving mic issue, thanks
Sartaj: Can hear you now
mat: Quick reminder, europe and asia closed for may day today. Will probably affect volumes overall in the indexes.
Dragt: Friday IPO CLDR moving a little
Flash G: Watching $ITCI
Market Maven: $JIVE $AEZS $OCN on my hit list
Curt M_1: Off mic for pre >>>>>
Curt M_1: On mic for open >>>>>>>
Market Maven: awful open
Flash G: $AAPL swing on track
Sartaj: Sitting on hands for the momo’s
Market Maven: $ITCI long
quarryrock: long AMD $13.45
Flash G: $AAOI tape runner
Curt M_1: $OCN is halted more news
Sartaj: 9:33 halt
lenny: $NXDX positive tape
Flash G: $PCLN ATH on tap
Market Maven: $CCCR could B/O
OILK: $GNMX insider buys the talk there
lenny: $BBRY strong highs
mat: Lots of action over in miner ville. GDX trying to go green with many individual names already there or even
Market Maven: $NSDI on scan now
mat: cccr action
mat: The link from the email was dea. I had to use the link from the tweet
Leanne: I was in the wrong room, email had wrong link I think
quarryrock: $PI on watch for a swing would like to see $36
Sartaj: Okay, good to know. Weird. the pre-market newsletter’s link was updated.
Sartaj: Thanks for letting us know
Flash G: $AMZN nice buys
Flash G: $CELG also
Flash G: $XBI buys heacy too
ny1975: the link from earlier was not working btw
Leanne: the link in the email from this am is not working
Leanne: i tried both
Sartaj: In any case, thanks for baring with us during testing. We will have it resolved for the rest of this week
mat: X swing trade attempt tight stop
Flash G: Watching $X too – interesting action today
Market Maven: I got a piece of $X this morning and $CCCR but not serious enought o alert – really soft
quarryrock: i like $X also
OILK: $MTBC is garbage but yes its moving haha
Curt M_1: Long 2.32 1000 $MTBC
Curt M_1: Halted lol fark
Curt M_1: small entry
Market Maven: I hit it right before you at 3.36 damn
Market Maven: 2.26 correction
Market Maven: Have my stop set on $MTBC haha
lenny: $ECHO 52 week lows
lenny: $VTGN on scan
Sartaj: $MTBC resumed
Sartaj: 10:02 AM
Market Maven: Long $MTBC add 2.41
Curt M_1: L $MTBC 2.515 3000
Curt M_1: Stop 2.39
Curt M_1: Out 2.56 40000 shares
Curt M_1: 4000 shares
Market Maven: holding
Market Maven: Just got out 2.54
Flash G: Nice win guys gals
Sartaj: 😉
Scott: I didn’t get any email
Sartaj: Thanks, looking into it now
Flash G: $NCLH 52 week high
Flash G: $TSLA time
OILK: $REXX on the move again
Market Maven: Congrats on all your plays Flash!
lenny: $TWTR decent showing today
Curt M_1: Sorry about that Scott
Curt M_1: We posted it to Compound Trading Twitter feed just in case but ya we’ll know for next time.
Curt M_1: Good play on $MTBC there Maven
Market Maven: lol well you actually may have outdid me on it
lenny: $ASB on scans
quarryrock: long starter swing $PI $36.45
Curt M_1: Anyway, sorry about the admin cluster – Sartaj is sorting it all for anyone not on right list etc.
robbie: ZSAN?
robbie: Hi everyone, by the way. New to the squad.
Flash G: Hey Robbie
Flash G: $EMF 512 week highs on watch
Curt M_1: Welcome Robbie
robbie: Looking forward to learning from all of you. Been watching Curt’s videos. You’re all rockstars, from the sound of it.
Leanne: Welcome Robbie!
Sartaj: Glad to finally have you join us. We usually experience a bit of chaos during migrations, so excuse us for that. In any case, this isn’t a usual occurrence
robbie: Thx Leanne, you’re the best.
robbie: nbd Sartaj, I know how it is.
OILK: u guys are normally on it imo just a minor glitch
lenny: Over 100% likely $MTBC
Flash G: $NFLX wow day
Flash G: $TWTR HOD and $GNBC 52 wk highs
Flash G: $CMG rev gr
Market Maven: Long $MTBC again 2.80
Leanne: ahhh, no need for getting mad, we’re here now, that’s what matters
Leanne: I”m such a mom!
robbie: haha, not mad at all
Sartaj: 52 week highs: $GNBC $EMF
Sartaj: yes
Scott: I’m here
Sartaj: he is in
Leanne: Spiegel is Scott!
Scott: Gave up on Spiegel
Scott: yiu are now
Sartaj: yes
quarryrock: hi im here ! nice to join everyone
Flash G: $IAC 52 wk high
Curt M_1: 20 K start on my double account challenge
Leanne: Best of luck with this challenge Quarryrock. looking forward to seeing this happen!
quarryrock: $PI 13 up days in a row, big down day Fri followed by same today ER thurs
quarryrock: thank you Leanne!
Flash G: $CHW 52 week high
Flash G: $CWST 52 wk high
quarryrock: bravo $TWTR thats a nice deal with Bloomberg
Market Maven: $MTBC short hold tight start and then add if it goes right could go either way
Curt M_1: $TWTR surprised me with action
lenny: $WYNN tape bull now
Curt M_1: Off mic to prepare for mid day chart set ups at 12:00 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Curt M_1: You may get that short Maven
Curt M_1: 11:54 off mic>>>>>>>>>>>>
Market Maven: Added to short of course
Flash G: Nice haha
lenny: I have to admit…. I followed you Maven:)
Market Maven: I know
Market Maven: I covered btw ha
Curt M_1: Nice win Maven!
robbie: When did you short Maven?
Curt M_1: she alerted
Curt M_1: 3 candles back so 15 mins ago or so
robbie: Ah didn’t see it!
robbie: NIce.
Market Maven: yessir
Market Maven: thanks
robbie: eTrade didn’t have shares to short, of course.
Flash G: thats more than I’ve seen Maven talk all year
lenny: Maven hasn’t missed a trade all year
Flash G: true treu
Flash G: My swings hot today daytrades will be hot tomorrow.
OILK: Curt, you did put new link on your twitter feed and compound feed – so ya d

SARTAJ – WE’RE MISSING TRANSCRIPT HERE IF YOU HAVE IT

robbie: Got it
robbie: Is that squeeze indicator a custom one you’ve built, or one on trading view?
quarryrock: BTO $SLW $20 C’s weeklies .17
Sartaj: Trading View
Sartaj: You can also find it on TOS
Sartaj: http://tlc.thinkorswim.ca/center/charting/studies/studies-library/T-U/TTM-Squeeze.html
Sartaj: Thank trading2018 for confirming that
Sartaj: Haha
robbie: Got it, thanks Sartaj
robbie: Looks like 20/200 on CVO are about to cross, as you discussed earlier.
robbie: on 60 min
Hedgehog Trader: Curt, sometime can you have a look at LAC.TO or the US side LACDF
Leanne: Oh! Hedgehog, I am watching that too thanks to you
Hedgehog Trader: insiders have bought 440k shares since Apr 11th and it’s looking ready to break out
Hedgehog Trader: great, Leanne 🙂
Hedgehog Trader: yeah, it’s been one of the strongest lithium juniors in the last 3-4 months
Hedgehog Trader: heavy volume last 3 days
robbie: I see
robbie: Great
Leanne: and if you don’t study and get charts in Curtis gets mad
Leanne: Hedgehog, would you wait until it broke 1.02?
robbie: Got it, thanks for explaining. My my. I’ll get there.
Hedgehog Trader: i have bought some already but yeah i am waiting for it to move up to 1.01 or 1.02 to add more
Sartaj: Not what you expected, Robbie?
Hedgehog Trader: i really like the bullish insider activity and the relative strength its displaying vs its sector
robbie: Sartaj, no, it’s what I expected. Been watching Curt’s videos….but.
robbie: Spending a whole day here certainly adds (humbling) perspective.
robbie: Oh, and I can certainly see why I’ve been more red than green in my young trading career.
Leanne: This place will turn your trading and more importantly your abilities around. You will learn to fish for yourself and trade well
Leanne: Curtis empowers new traders
robbie: I can tell.
quarryrock: cant help but wonder if all these ootm calls bought on $KATE are because Coach is reporting tomorrow am. perhaps they offer some clarity on their interest or lack there of on KATE deal ?
Sartaj: Especially with algo models. Set and forget.
robbie: Yes, 2
robbie: So when would you trigger personally on a play like this?
robbie: Do you wait for confirmations all the way to the daily?
robbie: Got it
robbie: Yes, I’ve a sizable list just from these discussions today.
robbie: Right
robbie: Not bad at all
robbie: Very cool
robbie: yes
robbie: Thanks, haha
Leanne: whew! I get a break from the ruler!
robbie: Everyone else is snoozing hearing the basics, I’m sure.
robbie: Thx for putting up with the newbie team!
robbie: NSPR
Flash G: all good stuff
Leanne: my dogs do too.
Leanne: i’m part of the newbie team too
Leanne: Curtis is that your dog breathing in the b/g?
Leanne: just checkin’
quarryrock: BTC $HUBS ss +.60
Hedgehog Trader: okay it might just be me but i’m hearing music
Hedgehog Trader: lol
Hedgehog Trader: oh i had the other trading room link open
Hedgehog Trader: ha
ny1975: thoughts on twlo?
Sartaj: Yes
robbie: Tell em Curt
Leanne: Curtis no more sleeping for you!
ny1975: yes
quarryrock: $TWLO options implying a 8.1% move in either direction off the $33 strike
ny1975: after market
ny1975: yes small position
ny1975: green
ny1975: 33
ny1975: thats the plan
ny1975: dont want to hold it thru er
ny1975: and on the daily
ny1975: rsi bothersome
Hedgehog Trader: $GREK Opa!
ny1975: yes thanks
Leanne: Thanks Curtis
robbie: Thanks Curtis
Leanne: Have a great night everyone
Scott: Thanks Curtis
Hedgehog Trader: Thanks Curt!
Curt M_1: np 🙂
quarryrock: thank you sir!
Flash G: good stuff
Market Maven: night all
OILK: bye

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Article Topics:  $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC – $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

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