Tag: Day-trading

PreMarket Trading Plan Fri Mar 3 $SNAP, $USRM, $GLD, $GDX, $NFLX, $ONCS, $HABT

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

Stock Trading Plan for Friday Mar 3, 2017 in Compound Trading Chat room. $ONCS, $HABT, $SNAP, $USRM, $GLD, $GDX, $NFLX – $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – 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:

https://twitter.com/CompoundTrading/status/836917297809805313

Instructions for onboarding to new trading platform are in your email. Any questions DM Sartaj or email us.

Also, the educational video series we are working on we do not expect to have posted until this Sunday FYI. Also hope to get PL’s out and all the great review letters out this weekend also.

And finally, all the algo reports and swing reports will be caught up and reset this weekend for a big week next week!

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $BSTG, $ONTX, $DUST, $USRM, $XOM, $NE, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

$USRM got a nice 40% rip on Thursday – we added at daily low for a nice play – holding. Risky!

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

$DUST – finally got some grip lol.

Market Outlook / Trading Plan:

Earnings on deck:

$SNAP traded lots on Thursday will be watching for daytrading range today also.

Shorting NetFlix? $NFLX

Watching Gold, Miner’s and Silver once again very close – possible failure.

Volatility is now on my radar again $TVIX $UVXY.

$DXY starting to look potentially dangerous.

$DXY, Chart
US Dollar Index $DXY Algorithmic Modeling Chart March 2, 2017 758 AM $UUP

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $ONCS $HABT $LIFE $PPHM $DRYS

$ONCS, Premarket, Watchlist, Stocks
$ONCS up 15% Premarket on Watchlist Today https://www.tradingview.com/chart/ONCS/KJexxgIv-ONCS-up-15-Premarket-on-Watchlist-Today/

If you are new to our trading service you should review recent blog posts, our 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 lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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: $ONCS $HABT $LIFE $PPHM $DRYS $ING $BIG $OCLR $VIPS $MRVL $BRZU $LXRX $BBVA $SAN $CS $UBS $GFI $BBL $DUST

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:   I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

(5) 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: $SNAP, $USRM, $GLD, $GDX, $NFLX, $ONCS, $HABT – $NE, $XOM, $USRM, $ONTX, $VRX, $DUST, $ASM, $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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PreMarket Trading Plan Thur Mar 2 $AUPH, $TNXP, $RADA, $VRML, $MNST, $SCHQ, $DXY

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

Stock Trading Plan for Thursday Mar 2, 2017 in Compound Trading Chat room. $AUPH, $TNXP, $RADA, $VRML, $MNST, $SCHQ – $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – 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:

https://twitter.com/CompoundTrading/status/836917297809805313

Instructions for onboarding to new trading platform are in your email. Any questions DM Sartaj or email us.

Also, the educational video series we are working on we do not expect to have posted until this Sunday FYI.

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

Market Outlook / Trading Plan:

Looks like the Trump train is in full gear here. Watching the metals very closely (and natural gas).

Volatility is now on my radar again $TVIX $UVXY.

$DXY starting to look potentially dangerous.

$DXY, Chart
US Dollar Index $DXY Algorithmic Modeling Chart March 2, 2017 758 AM $UUP

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $AUPH, $TNXP, $RADA, $VRML, $MNST, $SCHQ

Snap IPO

Chain Store Sales

8:30am
Jobless Claims

10:30am
Natural Gas Report

7pm
Loretta Mester Speaks

Lumentum Holdings -5% premarket, $350M convertible note offering planned

$BKS -3.03% at 9.60 premarket #stocks

$AUPH Positive #phaseIII #Lupus up big premarket.

PTC Therapeutics -26.02% at 9.75 premarket
Company will hold conference call at 9am EST.
$PTCT

Exact Sciences up 7% premarket on news of promising lung cancer test http://seekingalpha.com/news/3248101-exact-sciences-7-percent-premarket-news-promising-lung-cancer-test?source=twitter_sa_factset … #premarket $EXAS

Strong earnings send Monster Beverage higher http://seekingalpha.com/news/3248092-strong-earnings-send-monster-beverage-higher?source=feed_f … #premarket $MNST

Kroger’s stock surges 1.8% premarket after Q4 results – This is a Real-time headline.

If you are new to our trading service you should review recent blog posts, our 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 lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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: $AUPH 63%, $RADA $TNXP $MNST $VRML $GKOS $EXAS $ONP $JDST $BLDP $ANF $DUST $AVGO $YANG $DCTH

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: $SSI -31%, $ADPT -26%, $PBYI -21%, $AXTI -10%, $ARES $JUNO $LITE $AHP $NKTR $JNUG  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: $ARMK $RBS $SRPT $XOM $SSW $WIN $XLRN $EL  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$CWH $APA $TWX $BUD $KAMN $APA $RAS $KITE $STKL $IEX $AEO $TRIP $DY $TTD $GSBD 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:  $AUPH, $TNXP, $RADA, $VRML, $MNST, $SCHQ – $ONTX, $VRX, $DUST, $ASM, $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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PreMarket Trading Plan Wed Mar 1 $SGY, $SKLN, $CLNE, $DVAX, $GDX, $UVXY

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

Stock Trading Plan for Wednesday Mar 1, 2017 in Compound Trading Chat room. $SGY, $SKLN, $CLNE, $DVAX – $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – 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:

https://twitter.com/CompoundTrading/status/836917297809805313

Instructions for onboarding to new trading platform are in your email. Any questions DM Sartaj or email us.

Tradingview software was down last evening so all the algorithm and swing trading updates will be sent out tonight.

Also, the educational video series we are working on we do not expect to have posted until this Sunday FYI.

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

I closed my $UWT multi-week swing yesterday for gains.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains and $JUNO on a nice swing.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Looks like the Trump train is in full gear here. Watching the metals very closey (and natural gas).

$SGY and $SKLN look like the opening momo plays (at this point).

Volatility is now on my radar again $TVIX $UVXY.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch:  $SGY, $SKLN, $CLNE, $DVAX

If you are new to our trading service you should review recent blog posts, our 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 lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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:  $SGY, $SKLN, $CLNE, $DVAX, $WTW, $NDRM, $BGFV $CLSD $TIME $BASI $TRCO $LOW $ONCS $MTL $MYL $JDST $RUSL $TECK

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

(5) Upgrades:  $FRAC $MU $MRVL $WMB $GOGL $LPG $TEF $AMBA $GMS $HK $OC $BMO as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $ROST $CRUS $WM $RSG $AVT $BW $PANW $XOXO $ALL $CYH $HII $GD $DRQ $WDAY $ARI $TGT $SIG $NOC $BW $INCR $CETX $BW 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: $SGY, $SKLN, $CLNE, $DVAX – $ONTX, $VRX, $DUST, $ASM, $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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Post-Market Tues Feb 28 $LIFE, $WTW, $UWT.

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

Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday Feb 28, 2017;  $LIFE, $WTW, $UWT –  $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM etc …

Intro:

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

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

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:

https://twitter.com/CompoundTrading/status/836917297809805313

https://twitter.com/CompoundTrading/status/836916969609678849

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expect to have posted to Youtube by Mar 5, 2017.

Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:

Tuesday was another calm day for my trading. I traded $WTW and $KITE in morning one for a loss and one for a win and closed my $UWT swing.

Momentum / Note-able Stocks Today (via FinViz):

Ticker Last Change Volume Signal
KITE 70.77 24.53% 9709500 Top Gainers
LXU 10.87 22.96% 2575800 Top Gainers
PBMD 2.93 22.59% 1210300 Top Gainers
AAC 9.17 20.82% 417300 Top Gainers
CRSP 23.73 18.95% 163800 Top Gainers
GRAM 2.90 18.85% 2253500 Top Gainers
NTRI 46.50 18.62% 2087400 New High
IPDN 13.20 14.78% 514300 New High
PRIM 24.86 -2.47% 577782 New High
KITE 70.77 24.53% 9709500 New High
LMIA 13.76 0.07% 89300 Overbought
MASI 90.36 0.19% 1246600 Overbought
BSWN 23.16 0.04% 915083 Unusual Volume
BASI 1.62 9.46% 14931800 Unusual Volume
ROX 1.04 42.49% 14034353 Unusual Volume
SBY 21.53 18.49% 14606200 Unusual Volume
AMBA 58.95 -1.39% 1738100 Upgrades
AAMC 70.30 -1.13% 9727 Earnings Before
ALQA 0.49 -1.98% 284239 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:
I am holding (in order of sizing – all moderately small to micro sizing) $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM, $USRM (this is the daytrading portfolio and does not represent swing trading service portfolio):

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

08:52 am Curtis M : Protected: PreMarket Trading Plan Tues Feb 28 $ROX, $SBY, $LIFE, $TEUM, $UGAZ, $GDX, $NUGT https://compoundtrading.com/premarket-trading-plan-tues-feb-28-rox-sby-life-teum-ugaz-gdx-nugt/ … Password: PREMARKET022817

Transcript:

08:47 am Sandra Q : For Curt: Protected: PreMarket Trading Plan Tues Feb 28 $ROX, $SBY, $LIFE, $TEUM, $UGAZ, $GDX, $NUGT https://compoundtrading.com/premarket-trading-plan-tues-feb-28-rox-sby-life-teum-ugaz-gdx-nugt/ … Password: PREMARKET022817
08:52 am Optionsavvy . : gm
08:53 am kevin d : morn 🙂
08:53 am Sandy S : top of the day – wow Target!
08:54 am Optionsavvy . : I will be watching / evaluating INNL long pos today from yest trade posted on twtr. looking to sell into any spike
08:57 am Optionsavvy . : also looking to sell IBB into 300.30 res
08:58 am darnel t : Looking to close $IBB also
08:59 am Optionsavvy . : sorry. no current pos on IBB . looking to short it at that pt
09:01 am Flash G : would like to see b/o in miners for a nice add
09:01 am Optionsavvy . : BAC another one I am looking to short
09:02 am Optionsavvy . : VRX taken to the woodshed in pre
09:04 am Sandra Q : S&P -0.1%.10-yr +0.02%.Euro +0.09% vs. dollar.Crude -0.89% to $53.57.Gold -0.19% to $1,256.35.
09:05 am lenny e : Apple target increased to $151 at UBS
09:10 am MarketMaven M : Amarin revenues up 59% in FY16; shares up 3% premarket $AMRN
09:12 am darnel t : Target gest rocked https://www.thestreet.com/story/14017794/1/target-gets-rocked-by-the-harsh-new-realities-in-retail.html?puc=yahoo&cm_ven=YAHOO
09:18 am Mathew Waterfall : Inflation adjusted down, home prices beat. Letting this open play out looking for bounces across the board
09:20 am Sandra Q : Starting $IONS L pos here
09:22 am Curtis M : Guys, just started a telconference – if not done b4 open I’ll be in chat with trades – conferences continue until Friday fyi
09:23 am Curtis M : Looking mainly at $LIFE
09:23 am Curtis M : $NUGT Miners and $NATGAS
09:25 am Mathew Waterfall : yesterday was hardcore market maker shake out and stop run. Miners should reclaim most of that early in the session IMO
09:25 am Sandra Q : Silver watch for me
09:27 am lenny e : Long start $JNUG
09:28 am kevin d : $SLW add
09:30 am MarketMaven M : L $LIFE
09:31 am MarketMaven M : who shit
09:31 am MarketMaven M : lol oops
09:31 am darnel t : L nugt
09:32 am Curtis M : vol off on $LIFE
09:33 am Sandy S : $rox LOL
09:33 am Curtis M : L $LIFE
09:34 am Curtis M : 4.38 5500
09:34 am kevin d : in some too $LIFE
09:35 am Sandy S : I am too but stop tight
09:37 am darnel t : stopped
09:37 am darnel t : in $LIFE I was stopped for 7 cent loss
09:41 am Curtis M : Long $WTW 2000 14.01 avg
09:42 am Curtis M : $LIFE holding
09:44 am Sandra Q : $WTW who knew lol in with ya 14.12
09:46 am Curtis M : Sold $WTW 14.72
09:46 am Sandra Q : Out too
09:50 am darnel t : Long $TUEM
09:52 am MarketMaven M : darnel $TUEM looks like it could rocket – doing DD
09:53 am Sandy S : In $BASI also small
09:54 am Sandra Q : Timing $X not easy but there’s margin in there Curt
09:54 am Mathew Waterfall : $vRX putting in crazy moves both ways here
09:54 am Curtis M : Just focused on geting out of $LIFE lol
09:55 am Curtis M : Looking for opportunity to ht it one more time hard and spike and bail is plan
09:55 am Curtis M : If $LIFE loses 100 day on 1 I’m out
09:57 am MarketMaven M : $VRX is a traders stock
10:01 am kevin d : $USRM got me a break out day on microcap
10:04 am Curtis M : Chipping in buys at 4.00 ish and will cut soon if t fails $LIFE
10:04 am Sandra Q : lol risky
10:05 am MarketMaven M : can be done but you need a pop – good luck!
10:06 am MarketMaven M : dont try this at home kids lololol
10:06 am lenny e : yup
10:07 am lenny e : $KITE halt and resumptin at 10:25 I think fyi
10:08 am Curtis M : lol lvl 2 on $LIFE there wow roll out
10:08 am darnel t : ya seen that
10:09 am Curtis M : big bumps starting right here, do or die
10:11 am Sandy S : watching $FCX
10:12 am Curtis M : cst avg 4.21 now… ugh just need a pop
10:12 am Sandra Q : might work
10:13 am Sandra Q : 100 day on 1 looks like intra res tho
10:13 am Sandra Q : stoch rsi almost at top u may may wanna jump next 1 min candle
10:14 am Curtis M : waiting for 2nd 1min for 1 complete 5 here
10:15 am Sandra Q : your chip on that load won’t be fluid fyi
10:16 am Sandra Q : jump here
10:19 am darnel t : $ETRM $DRYS jig
10:21 am darnel t : $PPHM too
10:24 am Curtis M : $OVX doesn’t look great may have to close $UWT
10:25 am Mathew Waterfall : $XOM shwoing some weakness as well
10:25 am Mathew Waterfall : usd/jpy making new lows
10:26 am darnel t : $KITE open 79.00 fro 56.83 ola
10:26 am darnel t : sorry 78
10:36 am Flash G : $BNXO pop
10:36 am Flash G : $BNSO
10:37 am Optionsavvy . : SGY one of my oil favs a lil perky today
10:37 am Optionsavvy . : decent RR on SGY with a stop just below
10:39 am Sandra Q : ya like the $SGY idea
10:54 am Flash G : Oil sitting right on that support intra wonder if I should long it here with a tight stop???
10:55 am Curtis M : thinking about closing
10:55 am Curtis M : not sure
10:55 am Mathew Waterfall : Big $USO put orders this AM as well
10:55 am lenny e : Oil Miners Metals likely to be decided today with Trump talk etc
10:56 am Curtis M : yup
10:56 am Curtis M : tough call
10:57 am lenny e : and natty seems to be at decision along with usdjpy too
10:57 am Curtis M : yu
10:57 am Curtis M : yup
10:58 am Sandra Q : Trump trade d day lol
10:58 am Mathew Waterfall : on the mic\
10:58 am Curtis M : kk
10:59 am MarketMaven M : best time of day 🙂
11:00 am kevin d : MM Mat always puts it in perspective:)
11:01 am Flash G : helps ha
11:01 am Flash G : I’m going to try a long CL tight stop
11:02 am Sandra Q : I’ll go with ya Flash small for good vibes
11:07 am Sandra Q : Thanks Mat
11:07 am darnel t : ya Mathew peace
11:07 am Mathew Waterfall : you bet. back in a few
11:07 am Sandy S : Long $CRM swing into ER
11:07 am Curtis M : k
11:08 am kevin d : Closing my corn long – yes corn, I am a corn trader lol
11:09 am darnel t : My $CELG swing going well
11:10 am Curtis M : Closed $LIFE 3.99 loss
11:11 am Curtis M : Closed $UWT swing nice gain
11:12 am Optionsavvy . : SGY fade ugh this tape is fun 😐
11:12 am Sandra Q : CL ugh
11:13 am Sandra Q : out small loss
11:13 am Sandra Q : we’ll see if that trendline marked (white dotted) holds
11:14 am Sandra Q : Here’s Curt’s SMS / Email alert for those that didn’t get it: Close $UWT multi week swing with adds for gain. Closed $LIFE daytrade 3.99 for loss.
11:18 am kevin d : new to room…. like the transparency
11:19 am kevin d : and… seems like there’s some depth here… not flash
11:19 am Sandra Q : welcome kevin!
11:21 am Sandra Q : ya… Kevin… I can tell you that curt and crew are finishing algos this week for final publication on weekend along with a bunch of videos that explain everything so you’ll want to review that on weekend – then they have a press run in March on it all
11:22 am kevin d : curious to see if oil will hold here
11:22 am kevin d : thanks sandra
11:25 am MarketMaven M : looks like a breach on deck
11:25 am Optionsavvy . : shippers all over my scans
11:27 am Optionsavvy . : scan is built on relative vol fwiw
11:27 am Flash G : love trading shippers
11:37 am Sandra Q : looks like lunch
11:37 am lenny e : yup
11:38 am Mathew Waterfall : Maybe after the state of the union and new month tomorrow things will move again
11:38 am MarketMaven M : i do believe so
11:41 am Flash G : nap
11:41 am Sandy S : lol
11:44 am Sandy S : $CBio going well
11:49 am Mathew Waterfall : Whoa. Snap IPO might include a 1 year lock up. Just saw that rumor. 1 year lock up and no voting rights? These guys are clowns
11:49 am Sandra Q : yup
11:53 am Flash G : $TGT curl but too risky imo
12:04 pm Flash G : $CBIO continuation
12:13 pm MarketMaven M : $NFLX lmao
12:14 pm MarketMaven M : add $UGAZ
12:14 pm MarketMaven M : moar
12:16 pm Mathew Waterfall : Still like natty. That double bottom down at 2.52 was a tell for me but the way it trades we could be right back there tomorrow
12:24 pm Sandy S : I’ll try a long on this $SIG wash-out tight stop here we go
12:26 pm MarketMaven M : Ya why not Sandy…. bored… in with you tight stop
12:26 pm Mathew Waterfall : Hold on. Things finally getting flush like out here
12:27 pm Mathew Waterfall : bit 1165 TICK to the downside
12:27 pm Mathew Waterfall : *big
12:27 pm MarketMaven M : ya watching $UVXY here!!
12:37 pm MarketMaven M : i sold for 20 cent loss btwsmall order lol cost lunch
12:38 pm Sandy S : ya down lunch too lololol
12:38 pm Sandy S : shit
12:38 pm Sandy S : looking at brokkers wow and VRX THC wow
12:57 pm lenny e : BTFD lol
01:01 pm Mathew Waterfall : Not much power in the buys right here as of yet. Ticks and breadth aint buying it
01:22 pm Sandy S : Blocks on $FTR on watch
01:22 pm Sandy S : Also $FOLD action looking decent
01:42 pm MarketMaven M : Curt, hate to say it, but you sold early.
01:46 pm Optionsavvy . : I’d be shocked if they didnt push IBB at least another .50 higher
01:46 pm lenny e : Seems “managed markets” is the theme today
01:47 pm Optionsavvy . : IBB prev high was 301.80 on 9/23 but doesnt need all of it just to last caught buyer of size
01:49 pm darnel t : looks like oil is good for another BTFD round wow
01:49 pm Curtis M : yup
01:50 pm Curtis M : range is getting tighter though
01:50 pm Mathew Waterfall : It was based off of comments that they weren’t going to make any ethanol reg changes
01:51 pm Curtis M : yup the comments always come when chart cracks appear – crazy
01:51 pm Mathew Waterfall : managed beyond belief right now. I wish I was flat to be honest this market is stupid right now
01:52 pm Curtis M : crazy
01:52 pm Curtis M : lol
01:52 pm Mathew Waterfall : The more it gets propped up, the larger the reaction that will happen when things let go. The spring is wound tight
01:53 pm Curtis M : oh yeah
01:53 pm lenny e : where’s eric l? APXflow lol bring un the bears!
01:53 pm Sandra Q : he not here today
01:56 pm kevin d : chart was broke on oil?
01:57 pm Curtis M : yup a support trendline (blue)
01:57 pm Curtis M : and at diagonal white trendline
01:57 pm Curtis M : so yup broke twice
01:58 pm Curtis M : last time that happened they came with news also anf it magically repaired
01:58 pm Curtis M : and then its an unatural queeze – so I should learn – bank on the news when the chart breaks with the unnatural squeeze
01:58 pm Curtis M : sad
01:59 pm kevin d : wow ya i just looked back i get it wow wow ya
01:59 pm kevin d : i get the crazy comments now
02:00 pm kevin d : i guess its btd until they let it go
02:00 pm Curtis M : yup
02:09 pm Sandra Q : Curt, about that “tell” on your Twitter feed re: Miner’s and Gold… comments today?
02:09 pm Curtis M : when it picks a direction here either way I am all in lol
02:11 pm Sandra Q : thanks:)
02:12 pm Sandy S : I’ll have to take a look at that tweet
02:18 pm Mathew Waterfall : Some bear flow starting in $SPY. Been a quiet day on the options side. Nothing sticking out for me really other than SPY puts and some $VXX calls
02:22 pm Carol B : Two small gambles here; Long $FOLD starter and long $XIV starter $FOLD ER
02:25 pm MarketMaven M : 2 police officers have been shot in southwest Houston; no word on their conditions – official
02:30 pm darnel t : $KITE rip awseome – I knew it ha
02:38 pm Mathew Waterfall : MOC looking almost a bil to the sell side. Early but not a surprise to see some more selling there
03:05 pm Curtis M : soooo not in to this – will be in office but not in front of screens unles scanners go off – yes, for those who asked we stopped publishing anything public yesterday at all until after this current market decision to respect Gold Silver DXY etc subs – I’ll be here if u need anything – just going to get some paperwork done – we have huge algo reports to complete and vids hopefully by tonight so back at them for now
03:07 pm Mathew Waterfall : That makes two of us. I’m not even really looking at the charts, getting some other stuff done. Don’t really care how we close today all about ON and tomorrow at this point
03:13 pm Sandra Q : I think tomorrow might be ok action
03:30 pm Mathew Waterfall : MiM looks to be coming off a bit
03:37 pm Sandra Q : in $USRM some couldn’t resist on Curt’s tweet lol $USRM 122% EOD HOD lol kool aid fun
03:37 pm Curtis M : funny
03:38 pm Curtis M : ok i’ll come small
03:38 pm Curtis M : small risky wont even alert it
03:38 pm kevin d : ha ha
03:38 pm kevin d : bored titans
03:39 pm lenny e : actually it could run tomorrow again for sure 🙂
03:39 pm lenny e : crazy times
03:39 pm lenny e : look at $OWCP
03:44 pm Curtis M : $PBMD patent news
03:51 pm Mathew Waterfall : See ya tomorrow. If we open flat Im going to go back to bed lol
03:51 pm Curtis M : kk
03:52 pm Curtis M : yup
03:52 pm kevin d : 🙂
03:52 pm Leanne Arnott : hoping for more action tmr for this trader-in-training!
03:53 pm Sandra Q : ya
03:53 pm Sandra Q : they got big reports coming tonight leanne so that will be good for training 🙂
03:53 pm Sandra Q : talked to curt bout it
03:54 pm lenny e : nite all
03:54 pm Leanne Arnott : looking forward to those
03:55 pm kevin d : $USRM closing strong

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $LIFE, $WTW, $UWT – $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading 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 Feb 28 $ROX, $SBY, $LIFE, $TEUM, $UGAZ, $GDX, $NUGT

Curt MelonopolyTrading Plan, , , , , , , ,

Stock Trading Plan for Tuesday Feb 28, 2017 in Compound Trading Chat room. $ROX, $SBY, $LIFE, $TEUM  – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – 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:

https://twitter.com/CompoundTrading/status/835668331772313600

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains and $JUNO on a nice swing.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Same. Looks like Target and Valeant among others getting hammered premarket. I’m holding $VRX without panic – but Target I’d think twice about. Watching $UGAZ, $GDX, $NUGT really close here.

$TGT, Premarket, Trading, Plan
$TGT Target only down 12.87% Premarket – not bad considering singularity right around the corner. https://www.tradingview.com/chart/TGT/ZnDz7LSi-TGT-Target-only-down-12-87-Premarket-not-bad-considering-sin/

Watching Natural Gas.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $ROX, $SBY, $LIFE, $TEUM 

On the hour

Feb. 28, 2017 8:00 AM ET|

S&P -0.08%.

10-yr +0.02%.

Euro +0.01% vs. dollar.

Crude -0.28% to $53.90.

Gold -0.39% to $1,253.85.

8:30
GDP Q4

8:55
Redbook Store Sales

9am
Home Price Index

9:45
Chicago PMI

10am
-Consumer Confidence
-Investor Confidence

3pm
Fed Harker: Economic Outlook

3:30pm
Fed Williams: Economic Outlook

6:30pm
Fed Bullard: U.S. Monetary/ Economic Policy

BREAKING: US Q4 2016 revised GDP up 1.9% vs 2.1% growth expected

U.S. Concrete earnings top forecasts. $USCR up 5% #premarket.

$THC shares down 11.3% premarket

Tenet Q4 top line down 4%; non-GAAP earnings down 83%; cash flow ops down 46%; shares down 11% pr… http://seekingalpha.com/news/3247106-tenet-q4-top-line-4-percent-non-gaap-earnings-83-percent-cash-flow-ops-46-percent-shares-11?source=feed_f … #premarket $T

#Ionis Pharma trades higher premarket after Q4 #earnings, revenue beat.
$IONS +4.26% at 48.90

Valeant shares down 5% premarket after company reports wider loss http://www.marketwatch.com/bulletinredir.asp?guid=%7BDFB63151-F461-4679-8777-3F53B11C5714%7D&siteid=bulletrss …

Sizzling sales numbers from Domino’s Pizza http://seekingalpha.com/news/3247077-sizzling-sales-numbers-dominos-pizza?source=feed_f … #premarket $DPZ

$CEMP is down 10% premarket on light volume in response to its announcement that a Phase 3 clinical trial

Seadrill -12% as it warns of possible Chapter 11 bankruptcy http://seekingalpha.com/news/3247075-seadrill-minus-12-percent-warns-possible-chapter-11-bankruptcy?source=feed_f … #premarket $SDRL

Workday shares down 5.2% premarket.

Priceline shares up 3.4% in premarket trade after earnings.

Shares of TGT down 11% in premarket after the pro-radical LGBT retailer missed profit expectations.

$DRYS up nearly 10% premarket with new dividend policy.

3D Systems lower 4% despite earning beat http://seekingalpha.com/news/3247091-3d-systems-lower-4-percent-despite-earning-beat?source=feed_f … #premarket $DDD

OPEC OUTPUT INCREASED 55K B/D TO 32.245M B/D IN FEB: JBC

Target forecasts surprise drop in 2017 comparable sales, shares sink in premarket trading http://reut.rs/2mzYpl2 via @Reuters

Ladder Capital gets $80M investment from Related http://seekingalpha.com/news/3247107-ladder-capital-gets-80m-investment-related?source=feed_f … #premarket $LADR

If you are new to our trading service you should review recent blog posts, our 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 lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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:  $ROX 54%, $SBY 18%, $LIFE 17%, $TEUM 10% $RNVA $DRYS $CANF $IDRA $BONT $IMGN $FRO $JNUG $CY $GOGL $IONS $NAK $MYSZ

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

(5) 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: $ROX, $SBY, $LIFE, $TEUM  – $UWT, $ONTX, $VRX, $DUST, $ASM, $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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Post-Market Mon Feb Feb 27 $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY

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

Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday Feb 27, 2017; $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY  –  $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM etc …

Intro:

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

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

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:

https://twitter.com/CompoundTrading/status/835668331772313600

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expect to have posted to Youtube by Mar 5, 2017.

Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:

Monday was very calm for me – I was on tel-conference most of day with media so I had my eye on monitors but that was about it. I did talk to some members and reviewed transcript, and considering choppy market members did quite well.

Momentum / Note-able Stocks Today (via FinViz):

Momos: $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY

Ticker Last Change Volume Signal
HTGM 3.18 158.54% 19758304 Top Gainers
LJPC 35.12 76.75% 18279338 Top Gainers
I 5.87 25.16% 1110924 Top Gainers
IMGN 3.28 21.03% 7736301 Top Gainers
VOXX 5.05 20.24% 365553 Top Gainers
VRAY 5.71 19.96% 3489574 Top Gainers
LJPC 35.12 76.75% 18279338 New High
AIMC 41.00 4.46% 337628 New High
I 5.87 25.16% 1110924 New High
MLP 9.35 9.36% 24229 New High
LMIA 13.75 0.29% 102014 Overbought
WOOF 90.99 0.01% 588389 Overbought
DDEZ 26.25 -0.19% 105597 Unusual Volume
HTGM 3.18 158.54% 19758304 Unusual Volume
LJPC 35.12 76.75% 18279338 Unusual Volume
HRMN 10.20 0.27% 1049132 Unusual Volume
AHT 6.80 6.08% 1646153 Upgrades
AAMC 71.10 0.78% 3865 Earnings Before
ASPN 4.06 1.25% 71325 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM (this is the daytrading portfolio and does not represent swing trading service portfolio):

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

09:14 am   Curtis M : Protected: PreMarket Trading Plan Mon Feb 27 $LJPC $PIRS $ONCS $SGMO $GOGO $FIT LINK: https://compoundtrading.com/premarket-trading-plan-mon-feb-27-ljpc-pirs-oncs-sgmo-gogo-fit/ PASSWORD: PREMARKET022717

Transcript:

09:10 am Sandra Q : fr Curt Protected: PreMarket Trading Plan Mon Feb 27 $LJPC $PIRS $ONCS $SGMO $GOGO $FIT LINK: https://compoundtrading.com/premarket-trading-plan-mon-feb-27-ljpc-pirs-oncs-sgmo-gogo-fit/PASSWORD: PREMARKET022717
09:12 am Mathew Waterfall : Not much exciting me here. Will be looking at $GDX calls on fiurther weakness however
09:19 am Curtis M : On a conference call for open but will post trades in chat.
09:26 am MarketMaven M : curt $BSTG
09:30 am Sandra Q : Long $CLRB
09:30 am sandeep a : Adding to $UGAZ
09:31 am Mathew Waterfall : $UGAZ/$SWN adds. averaged down far enough in both. Dont with the ads there
09:31 am lenny e : $NE long on pb
09:32 am lenny e : Curt you were dead on with $OWCP
09:33 am lenny e : $LJPC likely stops here
09:33 am darnel t : long $WKHS
09:34 am Optionsavvy none : gm
09:34 am MarketMaven M : $WKHS huge contract news for company that size
09:35 am Optionsavvy none : ONCS looks sad on near time frames
09:36 am Optionsavvy none : WKHS came up on scans a week ago. I DD them and looks like decent support here in low 3s. like that one
09:37 am darnel t : There goes Curt’s $OWCP and I didn’t take on Fri
09:37 am Sandy S : $CNBX 17%
09:38 am lenny e : $GOGO gadget go 16% not bad
09:39 am Optionsavvy none : am I supposed to be hearing audio ?
09:40 am lenny e : $UGAZ very temting
09:40 am lenny e : Options Curt on conference call no audio yet
09:40 am Mathew Waterfall : $UGAZ is longer term swing for me. Only way I like to play natty unless you keep the leash super tight
09:41 am lenny e : $OWCP has news too
09:41 am lenny e : $KTOV wow rocket
09:42 am Curtis M : $OWCP rock star – preached it but not in it right now ugh
09:43 am Curtis M : Should be done on conference call 1045 fyi
09:43 am Curtis M : pre interview for program prep
09:44 am Sandra Q : $JAGX ss
09:44 am Sandy S : $SLV add to long swing
09:45 am Sandy S : Long time frame $SLV swing ( 3mos approx)
09:46 am Curtis M : Nce call on $WKHS looks good
09:51 am lenny e : $LJPC crazy strength
09:52 am Orlando V : $OHGI micro play long starter
09:52 am Curtis M : morning Orlando – welcome to the group!
09:53 am Curtis M : Been watching $OHGI for a few weeks Orl
09:54 am Del E : $OWCP have to say decent play
09:55 am Curtis M : $OWCP looking for pull back wash out type play or over 52 week high now 3.25 ish
09:55 am Curtis M : had finger on trigger EOD Fri and ddn’t pull
09:56 am Cara R : $TSLA lol Elon pissed someone off
09:56 am Optionsavvy none : BLPH looks like it might go soon
09:58 am Cara R : ya we been watching $BLPH $OHGI $BSTG and a few others with keen interest – Curt’s been in and out of them waiting for a break I think like $OWCP
09:58 am Optionsavvy none : IRMD popping up on scan just watching for now
09:59 am Optionsavvy none : SRRA up on scan also but caution its being pumped a lil
10:02 am Paul M : Pending home sales drop unexpected they say.
10:02 am Optionsavvy none : XHB bullish on home builder neg
10:03 am Cal E : Curt, followed your $VRX last week…. looks really good fyi
10:05 am saul r : $TSLA 50 MA near
10:05 am Curtis M : Morning Saul welcome aboard!
10:08 am Jack D : Curt, speaking of $VRX I followed that one too and $AMZN from swng newsletter, you never published a $TSLA swing….. thoughts on 50 MA?
10:08 am Curtis M : don’t like $TSLA lol
10:08 am Orlando V : lol
10:09 am Curtis M : may be decent short term bounce but not my thing
10:09 am Mathew Waterfall : That’s basically the same thing I said in here last week
10:09 am Sandra Q : ya Mat and Curt agree
10:09 am Sandra Q : just not my thang
10:10 am darnel t : $EVOK jig
10:10 am darnel t : $ENPH b/o also
10:10 am Optionsavvy none : Curt with your CL alerts are you using the cash contract or the CL_F current month ?
10:11 am Curtis M : FX: $USOIL $WTI
10:11 am Optionsavvy none : so CL_00 or CL_F ?
10:11 am Optionsavvy none : ok thanks … I was looking at futures wondering where you pricing was coming from 🙂
10:12 am Curtis M : $KBSF halt
10:17 am Sandy S : Not sure about $NATGAS here ….
10:20 am Sandy S : $RTN on the move
10:23 am lenny e : long $X
10:29 am darnel t : Mathew, I know Curt’s on a conference call…. wondering if you know significance of why it is important when Bonds and Stocks moving in Tandem re: Curtis’ tweet? any thought?
10:31 am sandeep a : $TWTR call flow guys
10:32 am sandeep a : I can DM you a response to bonds darnel
10:32 am Mathew Waterfall : On the mic
10:32 am Curtis M : kk
10:33 am Curtis M : $HTGM halt
10:36 am Del E : Long some $TSLA lol
10:37 am MarketMaven M : thanks Mathew!
10:37 am sandeep a : ya mat
10:39 am Mathew Waterfall : No problem, kind of a messy question to answer as like I said there are a couple variables in bond pricing even leaving out spreads and things like that
10:39 am Sandra Q : 🙂
10:40 am Curtis M : appreciate that Mat – better grasp than I have on it
10:43 am Curtis M : $AMD finger on trigger numerous times over last month ugh
10:44 am Mathew Waterfall : Soe decent call flow in $AMD today to follow last weeks action as well
10:48 am Mathew Waterfall : $CHK swing starter
10:49 am Sandy S : $KALV long r/g
10:54 am Sandy S : Gold HOD
10:55 am Mathew Waterfall : Miners to the launch pad please, miners to the lanchpad
10:55 am Sandy S : lol
10:58 am Mathew Waterfall : on the mic
10:59 am Curtis M : kk
11:05 am lenny e : Mats updates needed 🙂
11:05 am pete f : yup
11:07 am sandeep a : thanks as usual mat
11:08 am Sandra Q : taking lunch
11:13 am Mathew Waterfall : you bet guys. Im going to take a quick breka as well
11:15 am darnel t : Gold b/o
11:18 am Mathew Waterfall : gold testing the 200 day. Through that should have some power
11:18 am Mathew Waterfall : k now break. back in a few
11:23 am Sandy S : yup unch
11:25 am darnel t : $UGAZ long – gone 4 lunch
11:27 am Curtis M : lunch
11:29 am Optionsavvy none : CTMX
11:29 am Optionsavvy none : into res here but could play nicely as a brekaout
11:50 am Sandy S : Gold not stoppin
12:11 pm Mathew Waterfall : $GDX starting to respond. Still waiting for the chase to start here
12:27 pm pete f : Starting a $NUGT swing for over 200 day launch
12:32 pm Optionsavvy none : bbl gl all
12:44 pm Sandy S : L $INSY for bounce
12:55 pm MarketMaven M : long $VRAY
12:56 pm sandeep a : $SSH HOD Curt
01:26 pm Orlando V : Long $DDD on ER play smaller size
01:38 pm Dave R : $BAC have been holding 16 mos – will start to sell off soon in small blocks – longest hold in my portf
01:38 pm Curtis M : wow nice Dave – commitment lol
01:39 pm Mathew Waterfall : Wow nice trade and way to tick with it damn
01:39 pm Mathew Waterfall : Wish I was on vacation this week, doubt I’ll be trading too much but still have my eye on some $GDX calls
01:40 pm Curtis M : ya agree
01:44 pm Mathew Waterfall : Gold coming off after that 200 day tester. Silver also way off of highs. Scanners on my end pretty bare. Bopring
01:54 pm Sandy S : $VRML got some poppin
02:41 pm MarketMaven M : omg slow
02:43 pm Curtis M : $I halt
02:43 pm Mathew Waterfall : super slow on my end as well. Wasn’t joking about this week not looking active
02:48 pm Sandy S : wow $HTGM runnin again
02:54 pm lenny e : $NTN pop
03:09 pm Curtis M : I will be away from monitors but in office rest of day on a media call — will check monitors once in a while but it looks very slow.
03:10 pm lenny e : ok
03:10 pm Sandra Q : np
03:20 pm Mathew Waterfall : New high made in RTH on the /es. Would be wonderful if it was the last lol
03:32 pm Dave R : today mainly stalled trades no follow thru – see ya tomorrow
03:35 pm lenny e : $CBIO poppin in to EOD
03:41 pm Mathew Waterfall : This miner move is crazy. Not even sure I want to buy this dip
03:41 pm lenny e : i agree
03:49 pm Mathew Waterfall : have a good night everyone. See ya in the am
03:54 pm Curtis M : cya
03:54 pm MarketMaven M : bye mat
03:55 pm Sartaj Hundal : Got a minute for a call, Curt?

Momos: $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $HTGM, $LPJC, $I, $IMGN, $VOXX, $VRAY – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading 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 Feb 27 $LJPC $PIRS $ONCS $SGMO $GOGO $FIT

Curt MelonopolyTrading Plan, , , , , , , ,

Stock Trading Plan for Monday Feb 27, 2017 in Compound Trading Chat room. $LJPC $PIRS $ONCS $SGMO $GOGO – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – 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:

https://twitter.com/CompoundTrading/status/835668331772313600

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $NE, $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains and $JUNO on a nice swing.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Same.

Watching $FIT as a value swing trade.

$FIT, Swing Trade, Premarket, Watchlist
$FIT Swing Trade Target 6.99

Watching Natural Gas.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $LJPC $PIRS $ONCS $SGMO $GOGO

8:30am
Durable Goods Orders

10:00am
Pending Home Sales Index

10:30am
Dallas Fed Mfg Survey

11:00am
Robert Kaplan Speaks

$ONCS Granted FDA Fast Track Designation for ImmunoPulse IL-12 to Treat Metastatic Melanoma.

BioCryst reverses premarket, down 24% http://dlvr.it/NV6wft #BCRX

Sangamo nabs rare pediatric disease tag for SB-318 for MPS I; shares ahead 7% premarket http://seekingalpha.com/news/3246687-sangamo-nabs-rare-pediatric-disease-tag-sbminus-318-mps-shares-ahead-7-percent-premarket?source=twitter_sa_factset … #premarket $SGMO

Tesla shares stumble premarket as Goldman downgrades to sell http://www.marketwatch.com/News/Story/Story.aspx?guid=54B1B00E-7E72-4D08-B5E8-9439B82F853D&siteid=yhoof2 …

If you are new to our trading service you should review recent blog posts, our 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 lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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: Gainers:  $LJPC 51%, $PIRS 19%, $ONCS 18%, $DGAZ 13%, $KTOV $GOGO $CRBP $SHIP $EARS $PTEN $FEYE $UWT $VSTO $DUST $RIG $INVH

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

(5) Upgrades: $INVH $TEX $AFL $FTI $AHT $RYAM $PRAH $TS $RY $ILMN $WGP $UL $CLW $CCL as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$TSRO $HBI $MAIN $NVMI $PBF $DGI $TPH $TSLA $SUI $HMSY $JCP $PEG $GRAM $SUN $CNK $WES $ADC $VC $ARES $UAA $URBN $LITE $TDS $USM 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:  $LJPC $PIRS $ONCS $SGMO $GOGO – $UWT, $NE, $ONTX, $VRX, $SSH, $ASM, $TRCH – $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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Post-Market Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS, $OWCP

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

Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Friday Feb 24, 2017;  $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS, $OWCP – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM etc …

Intro:

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

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

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:

https://twitter.com/CompoundTrading/status/835668331772313600

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expected to complete weekend of 25 – 27th but it seems it will take a few more days.

 

Momentum / Notable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
CEMP 4.05 28.57% 21584676 Top Gainers
RH 31.34 24.41% 14826552 Top Gainers
AAOI 45.98 22.71% 6548873 Top Gainers
BBW 10.10 21.69% 1180754 Top Gainers
OLED 81.00 20.09% 4784078 Top Gainers
ZSAN 2.61 18.64% 9597064 Top Gainers
AAOI 45.98 22.71% 6548873 New High
KEM 11.00 5.77% 3491804 New High
TVTY 29.60 8.50% 1938379 New High
OLED 81.00 20.09% 4784078 New High
LMIA 13.71 0.22% 101563 Overbought
WOOF 90.98 0.08% 737230 Overbought
NAO 1.25 -39.02% 13366169 Unusual Volume
MAUI 24.35 1.04% 11155 Unusual Volume
EARS 0.94 2.17% 4236508 Unusual Volume
HCLP 17.35 -15.57% 18062362 Unusual Volume
AMCX 60.95 1.85% 1035774 Upgrades
ALQA 0.46 -0.65% 344275 Earnings Before
AVY 80.25 -0.50% 585917 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

07:50 am Curtis M : Morning team! Just arrived back from my trip so there won\’t be time to get any updates out. All new updates out on the weekend and new webinar series to be posted to YouTube also.Do my best to get a quick premarket trading plan out before open though.ThanksCurt

08:59 am Curtis M : Protected: PreMarket Trading Plan Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS https://compoundtrading.com/premarket-trading-plan-fri-feb-24-cemp-axdx-rh-tst-ipci-ears/ PASSWORD: PREMARKET022417

Transcript:

06:38 am ibrahim ibrahim : morning
07:48 am Sandy S : From Curt in case you didn’t get it on email…. Morning team!Just arrived back from my trip so there won’t be time to get any updates out. All new updates out on the weekend and new webinar series to be posted to YouTube also.Do my best to get a quick premarket trading plan out before open though.ThanksCurt
07:48 am Jake R : thx
08:56 am Sandy S : Protected: PreMarket Trading Plan Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS https://compoundtrading.com/premarket-trading-plan-fri-feb-24-cemp-axdx-rh-tst-ipci-ears/ PASSWORD: PREMARKET022417
09:00 am Carol B : morning all!
09:16 am OILQ K : morning all
09:17 am Mathew Waterfall : Morning everyone
09:17 am OILQ K : I see we are all a little richer with Gold up again. That makes the day brighter.
09:18 am Cara R : Except Curt haha but he’s rich enough
09:18 am OILQ K : lol
09:19 am Mathew Waterfall : Strength in the bonds as well which is a sight for sore eyes
09:20 am Curtis M : wealth at my expense – ‘m good with that… taking one for the team
09:20 am Curtis M : morning
09:21 am Curtis M : between me you and the fence post…. i’m going to try and double up small account between now and end of Tues – 3 days aggresive – not likely but gonna try and I’kk video t all and post excerpts for new traders on youtube
09:22 am OILQ K : ok great
09:23 am seth m : ya not easy but lets do it
09:24 am Sandy S : seth u new?
09:24 am Curtis M : k guys focus open on deck thx
09:26 am Curtis M : on mic
09:28 am seth m : add $NUGT
09:30 am Sandy S : with y curt
09:31 am Curtis M : L $CEMP 1000 shares start 4.22
09:31 am Jake R : right behind you huys
09:31 am Jake R : guys
09:32 am Curtis M : out 4.46
09:32 am Jake R : lol holding
09:33 am Sandy S : holding
09:35 am Sandy S : cool thanks
09:37 am Sandy S : had no idea thanks
09:38 am Sandy S : out
09:38 am Jake R : me too
09:38 am OILQ K : small win closed
09:41 am Jake R : $PULM very activer
09:49 am MarketMaven M : nice im in with ya
09:51 am OILK K : wow learning today
09:56 am Curtis M : closed 1.82 $OWCP from 1.63 buy nice
09:57 am Jake R : you make that look simple
09:57 am Curtis M : its not
09:59 am Sandy S : I’m out Thanks CURT!
09:59 am Flash G : that was awesome thank you
10:01 am Leanne Arnott : what broker do you use?
10:05 am Sandy S : schools in session
10:06 am Leanne Arnott : I use Cdn bank also but is waaay to slow for this kind of trading, can’t get in and out fast enough
10:16 am Jake R : Thanks Curt
10:18 am Leanne Arnott : it’s not one click, but i’ll try this afternoon,
10:22 am Curtis M : scanning back in a bit
10:22 am seth m : learned a lot there wow answered many of my questions
10:22 am Mathew Waterfall : Boring day continuing the lack of movement this week for me. Huge metals moves with miners not biting yet. I an taking a longer view and will sit on my miners likely at least into mid next month and they will play catch up with chasers flooding in. Will detail a couple things I’m seeing at the 11 o’clock update
10:23 am seth m : will this be on video on weekend?
10:23 am Curtis M : yes seth
10:24 am seth m : i finally understand how the indicators on your charts work awesome
10:25 am seth m : so theres VWAP test! right?
10:25 am Curtis M : yup
10:25 am Curtis M : k focus plz thx
10:26 am Mathew Waterfall : In some $NWGFF small for a start and a run back into the .20’s
10:26 am Curtis M : looking fwd to your 11am update Mat – feel disconnected with the travel
10:27 am Mathew Waterfall : There’s a lot of disconnect in this market right now so we’re on all on the same page lol
10:27 am Ed D : Seth is right – that was really good – good understanding now for me will help a lot
10:27 am Curtis M : ya
10:28 am Ed D : Curt, I have to ask quick, you just randomly say this morning i’m going to double small account in 3 days hopefully like its no big deal at 10 trades at 10% each – this is a regular thing for you guys?
10:29 am Curtis M : um…
10:29 am Curtis M : I’ll explain that on weekend video
10:29 am MarketMaven M : lol its regular
10:30 am MarketMaven M : he’s sniping w right indicators – tight trading is tight haha
10:30 am Curtis M : any momos out there guys?
10:31 am Sandy S : haha that means focus
10:31 am Curtis M : 🙂
10:35 am Curtis M : on mic
10:44 am OILQ K : learnin cool stuff guys
10:53 am NewbieHH O : hi guys
10:55 am NewbieHH O : Just want to say Have a Nice weekend !
10:56 am NewbieHH O : take care! logging out
10:56 am Curtis M : kk
10:56 am Mathew Waterfall : have a good weekend nice and early lol
11:00 am Mathew Waterfall : on the mic
11:01 am banka tronic : I’m keen on the momo trades
11:01 am Sandy S : agree
11:02 am Sandy S : mathews updates help me center too lol
11:02 am seth m : ya Mathew rocks
11:02 am seth m : 🙂
11:02 am banka tronic : ($TOPS is an example of so of these low float runners that are technical b/os )
11:03 am Curtis M : hey banka thanks for dropping in:)
11:03 am banka tronic : Thank you kindly for this trading forum :))
11:03 am Curtis M : 🙂
11:04 am Sandy S : I trade $TOPS lots like that one
11:05 am Jake R : $TOPS just came off a bit intra
11:06 am banka tronic : I look for the pre-market pops on the low floats usually under 25 million float + catalyst:some news…
11:06 am OILK K : $VIX LOL
11:07 am OILQ K : luv those plays banka
11:07 am banka tronic : Keeping an eye on the 13EPA 50&200 MAs using 1 to 5 min trendlines when volume hits5k & builds
11:07 am banka tronic : for momo trades.
11:07 am Curtis M : nice share banka:)
11:08 am Curtis M : some nuggets in there
11:08 am seth m : Mathew I’ll likey send you a few questions this weekend
11:09 am banka tronic : np 🙂 Also watch the 1Y: D chart with those indicators for possible support/resistance levels
11:09 am seth m : $CEI poppin
11:09 am Mathew Waterfall : Send me questions anytime on twitter @quadzilla_jr
11:09 am Jake R : Thanks Mathew!!
11:09 am banka tronic : Very cool info Mathew!
11:09 am OILQ K : agree
11:10 am OILQ K : learning in here everyday thanks guys and ladies
11:10 am Mathew Waterfall : you bet. quick break back in a few
11:13 am banka tronic : If those low floats that pop up on the pre market scanners are over 25% I weigh pros/cons for red to green moves where they dip then poss test market open. Too high of gap ups have a tendency to gap & crap
11:14 am banka tronic : Yet some climb pre market to 40-60 and sometimes have a .10-.20 pop if overall futures are solid hard green…
11:14 am banka tronic : 40-60%
11:16 am banka tronic : Also watch for dojis on the 1 & 5 min chart for p/a price action bullish confirm candles using a 1 or 5 min trendline for .10-.40ish scalps on those momos. Hope this info helps !
11:16 am Jake R : Thans Banka!
11:16 am Jake R : Hopefully we can see you in action in here.
11:16 am OILK K : ya
11:16 am OILK K : lol
11:16 am Sandy S : yup
11:17 am banka tronic : And then again I check the short squeeze.com just to see if there might be a nice squeeze factor if those llow floats have @ 20% shares short ;))
11:17 am Curtis M : on mic
11:18 am Curtis M : ya would be nice to have Banka do some trading yup yup 🙂
11:19 am banka tronic : I am working on these still learning only averaging $125 per trade as I dont want to risk more than $1500- $2k per trade with all the stress in my life. lol This amount also helps me cut losses quick to about $50-$100 w/o major pain. I am an activist so have to balance & keep the goooood vibes.)
11:19 am sandeep a : $NAO pop
11:20 am Sandy S : this is a good vibes room:) haha
11:20 am banka tronic : That amount also catches big time runners on those low floats w news to some $1k-$2k profits tho peeps)
11:20 am banka tronic : Ok enough from me-just wanted to put the info out there quick.
11:20 am Jake R : looking at $FUEL for aft intra scalp
11:20 am Jake R : awesome banka
11:21 am Phillip H : ya nice info
11:22 am Curtis M : a lot of the GURUS out there got chopped up this morning fyi
11:22 am Sandy S : ya noticed that curt
11:22 am Sandy S : we didn’t lol:)
11:22 am banka tronic : Also have been noticing that some of these low float spikers tend to have a culmination point that drops off at exactly 11:15am anyone notice this?
11:23 am Sandy S : yes always time of day
11:23 am Curtis M : for sure TOD huge
11:23 am John M : we ee that all the time
11:24 am Cara R : time fo day really important Curt is always preaching it
11:25 am banka tronic : $BLPH had that b/o quick 1 min trendline run up & profits got out before that 1 min trendline broke at 11:04 tho so its not an exact thing
11:26 am Cara R : ya $BLPH was one that we were in really early in cycle
11:26 am banka tronic : Ok I’m here to learn lol its easy to talk but I need to grow my profit chart as well. I ‘m still learning.
11:26 am Sandy S : haha
11:28 am OILK K : looking at $UGAZ for an add
11:28 am OILK K : and $TLT add
11:29 am Curtis M : $EDAP halt
11:31 am Curtis M : on mic
11:35 am banka tronic : Might retest that 2.70 candle on the 1 year
11:37 am Sandy S : curt makes most his green on halts banka… maybe not maybe his swings cause he uses big account in swings
11:37 am banka tronic : vol is almostmorte altough spead tightened
11:37 am Sandy S : hes a halt expert for sure
11:37 am banka tronic : *although
11:38 am banka tronic : good call MMtricks to lure look how 2.11s came in
11:38 am Sandy S : yes
11:39 am seth m : ya that one sucked
11:39 am sandeep a : $JAGX pops
11:39 am sandeep a : like your style banka
11:40 am OILQ K : $JAGX been on curts watchlists i think
11:41 am Sandy S : ya it has
11:41 am OILQ K : Silver swing going awesome
11:42 am banka tronic : thank you $JAGX is a very nice mover on news. Some of these co.s seem to put out *news as per the chart. Nice channel on that 1h chart
11:43 am OILQ K : decreasing vol
11:43 am banka tronic : Just tend to be weaker bounces when overall markets are blah. Mid day b/o tend to be fake outs
11:43 am Flash G : yeah
11:46 am Phillip H : how a bout that SILVER trade wow did we nail that
11:46 am Phillip H : :):)
11:47 am Phillip H : i dont say much but that makes me happy
11:48 am Mathew Waterfall : Notable options flow. GLD/SLV solidly call side. $TZA seeing some call side. $miners mostly call side but more split. Utes and bonds call side. People positioning for some carnage
11:48 am Jake R : correction time mat?
11:50 am Mathew Waterfall : I have a very hard time getting super bearish here as we have been gringing. My bias has been down for the past month but I haven’t played it outside of some small Vix plays for some small wins here and there. I think we are due for a correction but not loading the boat that direction outside of my metals.miners and bond plays
11:50 am Mathew Waterfall : I think the market starts to realize the smoke and mirrors show that has been Trump thus far, and starts to figure out how long it will be before any meaningful tax cuts or anything else to spur the economy
11:51 am Mathew Waterfall : We are also pricing out rate hikes as noted earlier and just overall dealing with a tired extended market
11:52 am Mathew Waterfall : This has kept me from getting long the past month, but market strength has kept me from getting too short. I think the risk is to the downside for at least a 5% move or so
11:52 am Jake R : interesting
11:53 am Jake R : wise advice i think
11:53 am Mathew Waterfall : What I want to see is some selling to the downside, then a bunch of people jump in long only to make a lower high. That’s ideal for a short set up
11:54 am Curtis M : yup
11:55 am OILQ K : shorting next $NVDA pop
11:56 am OILK K : pools in $CBIS
11:56 am Ed D : watching $ADBE for ss
11:57 am Curtis M : whoa the bears are coming out:)
11:59 am seth m : Curt I don’t know where u found banka but good add lol 🙂
11:59 am seth m : 9 our of 10 of you guys in this room are pro
11:59 am seth m : not like most rooms i been in
12:00 pm OILQ K : curts style seth
12:01 pm OILQ K : $AAOI buyers
12:02 pm Jake R : caught the $XLU move looking for more
12:02 pm Jake R : on the swing last 2 weeks:) not intra
12:03 pm Jake R : watching YEN here
12:03 pm OILK K : $ATEC set for a bounce
12:04 pm OILK K : NQ action
12:05 pm Taylor Y : soooo $TSLA mathew
12:05 pm Taylor Y : possible good entry point?
12:05 pm banka tronic : $CEMP sideways p/a price action below VWAP looks like shorts really want it to crack
12:05 pm Mathew Waterfall : I don’t trade $tsla often but hate the company long term
12:05 pm Sandy S : shorts out to play
12:05 pm Mathew Waterfall : Thinking short?
12:06 pm Taylor Y : long
12:06 pm Taylor Y : oversold?
12:06 pm Mathew Waterfall : Nope. also MACD bearish cross and 9/15 going to cross soon
12:06 pm sandeep a : $DLTR call buyers heavy
12:07 pm Taylor Y : ok thanks I’ll revisit:)
12:07 pm sandeep a : like $RH action today
12:07 pm Mathew Waterfall : You could use yesterdays bar as a quide and put a stop if it breaks back below it, I would be more comfortable with a 2 day range
12:07 pm Taylor Y : yes better idea there
12:08 pm Mathew Waterfall : I just don’t like the post earnings action and that they might need another funding raise. Such a manipulated stock though
12:08 pm Taylor Y : i like the clan part of the thesis
12:08 pm Taylor Y : so i trade it
12:08 pm Taylor Y : die hards
12:09 pm Mathew Waterfall : You’re not wrong. Cult stock with very high insider ownership
12:09 pm sandeep a : watch $DLTH here
12:09 pm Taylor Y : ya
12:09 pm Mathew Waterfall : I say 215’s before 300’s
12:09 pm Taylor Y : ya i c that
12:10 pm sandeep a : retail action serious too
12:10 pm Mathew Waterfall : Hard to tell if that retail is shorts or what. Probably a squeeze in $RH and $JWN
12:11 pm sandeep a : $EYEG on the move
12:18 pm banka tronic : I’ll tell everyone right now that I am not pro. Have some good calls but am here to learn & add what bits I find as chart/pattern truth . Eatting humble pie diet everyday for trading health lol 😉
12:21 pm Mathew Waterfall : The learning never stops and the market will always find a way to humble you. It seems the losses stick out more than the wins but that’s not always a bad thing
12:22 pm Flash G : agree
12:27 pm Mathew Waterfall : There’s a lot of wisdom in thsi room, and I’m not talking about myself. Many have learned the expensive lessons. Best thing about a community like this is we can learn from eachother and short cut so of those painful lessons
12:27 pm Sandy S : so true
12:28 pm Ed D : for sure
12:29 pm OILQ K : looks like a decent set up there curt in $COH the 200 day
12:30 pm Curtis M : ya just taking a peak really
12:31 pm OILQ K : DJI r to gr
12:36 pm banka tronic : $KEM new hod
12:40 pm Jake R : 52 week highs in $DTLA and I closed my swing days ago jeez
12:43 pm Curtis M : $GRAM halt sec viol
12:45 pm OILQ K : $PRKR insider buys
12:48 pm Sandy S : wow lol bye bye
12:53 pm Curtis M : $CBMX r to g possible
12:55 pm Jake R : curt u hit the sell on cbmx perfect
12:56 pm Curtis M : LLong $GRAM 3.56
12:59 pm OILQ K : $ULTA decent intra
12:59 pm OILQ K : in some $GRAM with ya fyi
12:59 pm Sandy S : yup diddddo
01:00 pm Curtis M : hopefully it curls on the 9 day
01:11 pm Jake R : in some $PKRK small order]
01:19 pm Curtis M : $CMLS halt
01:23 pm sandeep a : Long $NVAX
01:31 pm Ed D : market seems to want to bounce imo
01:31 pm OILK K : looking at $MSFT swing long
01:32 pm OILK K : block on $CBIX also 100k
01:32 pm Sandy S : theres the curl curt
01:32 pm Sandy S : and the chart bot buy!
01:33 pm Jake R : Long $SRPT
01:33 pm johnny r : in $SRPT also
01:34 pm johnny r : like the $MSFT idea also as i think market will bounce
01:36 pm Mathew Waterfall : Weak internals. I though after yesterday we would get some action to the upside today. bulls and bears both look unmotivated here so far
01:38 pm OILQ K : $AAQI
01:42 pm MarketMaven M : time to BTD?
01:43 pm Mathew Waterfall : If this doesn’t get bought the close could be ugly. Ugly close today equals coninuation over the weekend
01:46 pm Ed D : Thinking $FIT long if market gets moving if and when
01:47 pm sandeep a : $VUZI HOD
01:48 pm Mathew Waterfall : This $GDX move is garbage. MM’s holding it down seems to me. Explosion on tap next week
01:49 pm sandeep a : $INCY nHOD
01:51 pm seth m : $PCLN time
01:53 pm Curtis M : touhg play this $GRAM should pop or drop within 30 mins at most
01:54 pm Taylor Y : $AUPH jiggy
02:07 pm Curtis M : shoot i missed the $OWCP bounce ugh
02:09 pm Curtis M : $GRAM too a .26 loss puts me even on day don’t like that
02:24 pm Curtis M : long $CEMP 4.47
02:24 pm Curtis M : real tight
02:26 pm Curtis M : stop 4.35 ish
02:39 pm Jake R : $VIX crush time
03:01 pm Sandy S : curt u got me busting a gut on twitter
03:01 pm Curtis M : lol sorry
03:01 pm Curtis M : but ya
03:02 pm sandeep a : world has gone mad
03:03 pm Curtis M : argh lol
03:10 pm Curtis M : out 4.35 loss
03:10 pm Jake R : OMG your rant
03:10 pm Jake R : umm ya thats the way it was
03:10 pm Jake R : in my day
03:16 pm sandeep a : hate to say it publicly but i agree with you curtis
03:16 pm sandeep a : things upside down lately
03:17 pm sandeep a : people afraid to say it
03:21 pm Sandy S : now I’m completely cracking up
03:21 pm Sandy S : crying laughing so hard
03:21 pm Mathew Waterfall : Dollar getting some action here but bonds remain strong. Market this week has been very uninspiring for me. Might have to go back to scalp plays until we get some direction
03:26 pm sandeep a : someone had to say it lol kudos
03:28 pm sandeep a : ok now im rying
03:28 pm sandeep a : crying
03:28 pm Curtis M : lol
03:32 pm Mathew Waterfall : This market seems unbreakable. Why I commented yesterday and today not to get too bearish too quickly. I still hate it here but can’t short it yet. Likely another boring week next week
03:33 pm sandeep a : i love how curt talks like hes old hahaha
03:33 pm sandeep a : Mathew you got wisdom many times your age with market.
03:34 pm Mathew Waterfall : Thanks. Seen these moves many times before but not enough to bypass the frustration apparently lol
03:34 pm Jake R : ha
03:35 pm Curtis M : missed $OWCP because of my rant lololololol
03:35 pm Curtis M : ugh
03:35 pm Mathew Waterfall : I’m shutting it down for the day. Going to take this weekend to get some mojo back. Shoot me a note on twitter if you have any questions. Have a good weekend all
03:36 pm Curtis M : kk
03:36 pm Sandy S : thanks Mathew
03:36 pm sandeep a : yes thank you mat!
03:36 pm OILK K : bye mathew
03:36 pm Mathew Waterfall : Always happy to help
03:36 pm Jake R : that mats a good guy
03:37 pm Jake R : curtis makes me cry
03:37 pm sandeep a : omg
03:37 pm sandeep a : curt ruffled some feathers
03:38 pm Sandy S : Curtis your 49?
03:38 pm Curtis M : yes
03:38 pm Sandy S : That is funny you’re a spring chicken
03:40 pm Leanne Arnott : If 49 is a spring chicken you just made my day!
03:40 pm Sandy S : Not going to tell you guys how old I am my lord
03:42 pm Jake R : 49 is young
03:43 pm Jake R : curt talks like hes 80 sometimes:)
03:54 pm sandeep a : great close for $OWCP
03:54 pm Curtis M : yup
03:57 pm Ed D : well guys and gals i am out of here – best to u all!
03:57 pm Curtis M : cya ed
04:00 pm Curtis M : t may gap Monday morning
04:00 pm sandeep a : likely will
04:00 pm sandeep a : i see why you like it
04:00 pm Curtis M : night everyone
04:00 pm Jake R : bye

Be safe out there!

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Article Topics:  $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS, $OWCP – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading 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 Thur Feb 23 $NE, $PTX, $NAK, $CIM, $CBMX, $JUNO, $OWCP, $THCT, $CNBX

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

Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb 23, 2017; $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX – $DUST, $ASM, $SSH, $VRX, $JUNO, $TRCH, $LGCY etc …

Intro:

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

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

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:

https://twitter.com/CompoundTrading/status/835668331772313600

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expected to complete weekend of 25 – 27th but it seems it will take a few more days.

Overview Perspective & Review of Markets, Chat Room, Algo Calls, Trades and Alerts:

After two excellent days on Tuesday and Wednesday, Thursday wasn’t as good. I was traveling and wifi service was difficult also.

As mentioned Wednesday, I got out of $JUNO swing with nice gains and $CBMX swing for near 100% gains.

Momentum / Note-able Stocks Today (via FinViz):

NA as this is being posted days late.

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

09:10 am Curtis M : Morning! Protected: PreMarket Trading Plan Thurs Feb 23 Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, https://compoundtrading.com/premarket-trading-plan-thurs-feb-23-small-cap-oil-ne-ptx-nak-cim-cbmx-owcp-thct-cnbx-bstg/ PASSWORD: PREMARKET022317 I will be here for premarket then travel rest of day back Friday all day.

10:39 am Curtis M : I\’m packing for my journey but I\’ll be n room when wifi avail en route see ya tomorrow for full day! GL!

Transcript:

07:52 am John M : mrnin curt
07:52 am Curtis Melonopoly : mornin! just doing morning prep catcha soon
08:42 am Sandra Q : mornin
08:43 am Jack D : 🙂
08:45 am Sandra Q : oil happy
09:01 am Sandra Q : looks like premarket newsletter out I’ll get it L)
09:01 am ibrahim ibrahim : morning
09:01 am Sandra Q : hey ibrahim
09:02 am ibrahim ibrahim : hello Sandra
09:02 am Sandra Q : Protected: PreMarket Trading Plan Thurs Feb 23 Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, https://compoundtrading.com/premarket-trading-plan-thurs-feb-23-small-cap-oil-ne-ptx-nak-cim-cbmx-owcp-thct-cnbx-bstg/ PASSWORD: PREMARKET022317
09:03 am Sandra Q : Kinda though Curt would be directing sights on small cap oil soon
09:05 am Cara R : morning ibrahim
09:05 am ibrahim ibrahim : morning Cara
09:06 am daniel c : whoot whoot baking on oil crew!!!
09:06 am daniel c : banking lol
09:06 am ibrahim ibrahim : lol
09:06 am Sandra Q : mornin daniel
09:07 am daniel c : I love that little algo some days
09:07 am Sandy S : hey peeps
09:07 am daniel c : big day sandy
09:08 am Sandra Q : d excited about oil
09:08 am Sandra Q : i am too but you know
09:08 am daniel c : it’s going thru the ceiling today S & S haha
09:09 am ibrahim ibrahim : i guess its not liking what the iranian oil minister said lol
09:10 am daniel c : lol
09:10 am Sandra Q : yeh
09:12 am OILK K : mornin kids looks like we’re all a little richer today
09:12 am Sandra Q : lol
09:19 am Curtis M : I wont be on mic for open – contractors stil lin my office for today finishing – but if I trade I will post here
09:22 am Sandy S : morning mat!
09:25 am Sandy S : time to short oil?
09:25 am OILQ K : lol
09:26 am Mathew Waterfall : Morning guys. Will be exiting some $TGB here entered down at 1.34 and want to lighten up a bit. Other than that watching silver and gold to see what they do here
09:26 am slade d : mornin mathew
09:28 am Sandra Q : lets do this – keep it rolling
09:29 am Sandra Q : Curt’s not on mic FYI – contractors finishing in his office today
09:30 am Sandy S : long $PTX
09:30 am OILK K : in with ya
09:30 am OILK K : oh shit
09:30 am OILQ K : let it settle
09:30 am OILQ K : there ya go long too
09:31 am Mathew Waterfall : Out $TGB 1.53. flat on that name at this point
09:33 am Mathew Waterfall : Would like to see natty base right here at 2.656ish. prior support/res
09:35 am Sandy S : Long $UGAZ
09:37 am OILQ K : $AMCN long
09:38 am Sandra Q : Closing $CBMX swing
09:39 am Mathew Waterfall : $SWN add. Using this as a proxy for natty as wel. In some $CHK calls but looking at common there as well
09:40 am Curtis M : $RNVA nice wash on 5
09:43 am Sandy S : $NAK looks good today
09:44 am slade d : $SINA long for a swinger
09:48 am Curtis M : Long $RNVA
09:49 am Curtis M : $OWCP long
09:51 am Mathew Waterfall : Watching $CHK for regain of the 9 day and reentry into the channel. Looks like those are my two entry points
09:51 am Jake R : Looking at $NAK
09:55 am Sandy S : holllyy shit curt good play
09:55 am Curtis M : out $OWCP
09:55 am Curtis M : 1.86 – 2.115
09:56 am Sandy S : nice work but i think you left early
09:56 am Curtis M : never overstay my welcome
09:56 am Sandy S : fine lol
09:57 am Mathew Waterfall : $SLB seeing some call love here. Natty gas exporter
09:57 am OILQ K : watching that Mat
09:58 am OILQ K : going to be really interesting soon – with oil too
09:58 am Curtis M : hey Sandy how was my exit lololol
09:58 am Mathew Waterfall : Lots of decision needs to be made across the board
09:58 am Sandra Q : Curt got da skillz
09:59 am Sandra Q : and sir Mat and ya u know it me
10:01 am Curtis M : in again
10:03 am marc milam : hello guys, girls
10:03 am Curtis M : out up a few cents
10:04 am Curtis M : up 10% this morning n small account
10:04 am Sandy S : not funny
10:04 am Sandy S : lol
10:05 am Sandy S : I should just follow u guys
10:05 am Curtis M : nope trade your plan… learn 🙂
10:06 am Sandy S : lol i am I win now lol
10:07 am Curtis M : wow nice play on $PTX it should go now guys
10:09 am Curtis M : stoch rsi coming off here
10:09 am Curtis M : but tsi trending up
10:10 am Curtis M : 50 50 here
10:10 am Curtis M : $NAVB halt
10:16 am Curtis M : Gold at 50% retrace of decline from last summer and near the quadrant edge (blue line) – above blue line it could be gone for a long time
10:17 am ibrahim ibrahim : i was looking to sell at 1255
10:19 am Curtis M : 1252 if it holds that could be gone for a long time….
10:19 am Curtis M : just what our math says is all
10:19 am Curtis M : could be wrong
10:19 am ibrahim ibrahim : 🙂
10:20 am slade d : lololol uh no its not wrong
10:21 am Curtis M : we’ve ben wrong I think maybe… I have but I can’t recall algos being wrong actually… u could be right slade lol
10:21 am Curtis M : i’m wrong regularly but the math hmmm
10:21 am ibrahim ibrahim : im looking at the hourly on 11 nov 2016
10:22 am ibrahim ibrahim : last low pre free fall
10:22 am Curtis M : really interesting spot
10:22 am ibrahim ibrahim : a rounded retest
10:22 am ibrahim ibrahim : i could be wrong too :0
10:22 am ibrahim ibrahim : :))
10:23 am Curtis M : algo math says 1251.11 is the test and the algo quadrant wall is at 1252.20 and above that she’s gone as far as algos are concerned
10:24 am Curtis M : i guess we’ll see
10:24 am Curtis M : congrats longs!!!
10:24 am Sandy S : whay thanks curt
10:25 am OILQ K : ya ha i think everyone pretty much except curt took that algo recommendation at the turn 🙂
10:25 am Curtis M : omg you had to
10:25 am OILQ K : haha sorry
10:26 am ibrahim ibrahim : thank you, its my first time in the room, will keep the algo level in mind : )
10:26 am Sandra Q : the algos are spooky accurate ibrahim
10:27 am Sandra Q : spooky lol
10:27 am ibrahim ibrahim : lool
10:27 am ibrahim ibrahim : niice
10:27 am Curtis M : wow congrats guys seriously what a great play for ya all
10:27 am Carol B : we’re all richer today
10:28 am Mathew Waterfall : no high fiving yet. Made a new high but still needs continuation
10:28 am Sandra Q : lol Mat!!! you’re the best
10:29 am Curtis M : welcome ibrahim sorry it took so long 🙂
10:30 am Sandy S : i was wondering lol
10:30 am Mathew Waterfall : natty!
10:30 am Mathew Waterfall : nice report there
10:35 am Curtis M : cant find PR on $NAVB
10:36 am Curtis M : we don’t have algorithmic charting for natgas
10:36 am Curtis M : for navgas we rely heavily on Mathew
10:37 am Mathew Waterfall : And to trade it I rely heavily on red wine so take that for what you will lol
10:37 am Mathew Waterfall : I never trade it large in size, and always trade against prior levels. Natty can trade like an angry bipolar ex so be careful
10:37 am Sandra Q : ha
10:39 am Curtis M : I’m packing for my journey but I’ll be n room when wifi avail en route see ya tomorrow for full day! GL!
10:40 am Curtis M : Mat you can take over charts anytme if you like or not.
10:41 am Mathew Waterfall : OK. I’ll be here until 12 then have to take a break for an appointment so I’ll take over it anything fun come sup
10:41 am Curtis M : ok room will run
10:41 am Curtis M : ttyl
10:44 am Mathew Waterfall : dollar testing into the 100 handle. Godl bugs want to see that breakdown continue
10:47 am Sandra Q : .
10:50 am Mathew Waterfall : Big money is quiet on the optiosn side today. BAC and $FDX/$UPS saw a ton of buying yesterday, no follow through tere into today that I’ve seen though
10:50 am OILQ K : 10 – 4
10:51 am Greg L : not looking healthy intra
10:51 am Mathew Waterfall : Feels like it wants to finally roll over here IMO. Some internals finally not being propped up
10:52 am Jack D : might be a study day yet
10:55 am Mathew Waterfall : $IAG amr 5.5’s at .09 on this morning weakness. This see’s 5’s shortly if gold holds up
10:55 am Mathew Waterfall : *mar monthlies
10:55 am Jack D : nce
10:55 am Carol B : yes
10:56 am Mathew Waterfall : On the bid for more but don’t know if I’ll get them
10:56 am MarketMaven M : back in bit
11:00 am Mathew Waterfall : on the mic
11:07 am Mathew Waterfall : Did pick up some additional $IAG common to go along iwth yesterdays buy and calls bought today
11:08 am Mathew Waterfall : Crude: +564K, Last +9.527MMDistillate: -4.92MM Gasoline: -2.63MMCushing: -1.53MM
11:10 am Mathew Waterfall : $VXX sweeps. People starting to look towards the downside here
11:27 am curtenroute m : doesnt look like i missed much
11:28 am slade d : nope
11:33 am Mathew Waterfall : Taking over the screens if it lets me. Those alerts were right in the middle of the screen
11:34 am curtenroute m : perfect
11:34 am Mathew Waterfall : Silver left, usd/jpy right with gold over lay being the bright gold line if that isn’t clear
11:35 am OILK K : clear
11:35 am OILK K : clear
11:48 am Mathew Waterfall : Loojing for some of these miners to play catch up here. light day in $GDX thus far, many not trusting this move it seems. If gold gets up and over and ramps there will be a massivce chase underway
11:52 am curtenroute m : $ONCS
11:57 am Mathew Waterfall : Gotta take a break. Be back a bit later will leave the screens up
11:57 am curtenroute m : KK
11:57 am curtenroute m : $ONCS didnt get much om news
11:57 am curtenroute m : picked wrong day
11:59 am curtenroute m : $ONCD VWAP
11:59 am slade d : tough day
12:04 pm curtenroute m : $ONCS LOL
12:04 pm curtenroute m : VWACKED
12:09 pm curtenroute m : bears gotta make it happen today imo
12:10 pm curtenroute m : if they dont bulls will likely take lead tomorrow
12:28 pm Mathew Waterfall : Resetting things, back in a few
12:34 pm Sandy S : $EEM blocks
12:39 pm Optionsavvy none : gm
12:47 pm OILK K : hey optionsavvy
12:47 pm OILK K : Curts on the road so charts arent running
12:47 pm OILK K : quiet day
12:48 pm Jake R : Looking at $OWCP here
12:51 pm Optionsavvy none : not a bad look. if buyers can drag it north for a HOD break it could run nicely
12:52 pm OILK K : Long $VLTC a starter
12:53 pm Optionsavvy none : RWLK vol
12:54 pm Optionsavvy none : RWLK seller defending 2.5 if breaks could see 3+
12:56 pm Jake R : $OWCP may clear 2
12:56 pm Mathew Waterfall : Dollar getting a little action here but quiet across the board. This could easily get messy but I think the bears are deflated so it just grinds
12:58 pm Optionsavvy none : RWLK long
01:00 pm slade d : $OTIV HOD
01:00 pm slade d : looking at $RWLK options
01:00 pm Optionsavvy none : I’m not in love with it but vol staying in when they hit the ask so going to ride it out a few
01:01 pm Optionsavvy none : bid sorry
01:02 pm Optionsavvy none : might be taking my +.05 and going elsewhere if they dont follow through shortly
01:05 pm OILQ K : twtr blocks
01:05 pm Mathew Waterfall : Under VWAP and MACD cross on $RWLK
01:07 pm Optionsavvy none : vol died on me
01:08 pm Optionsavvy none : 2.24 will stop me out
01:09 pm Sandy S : $TZA for a start
01:11 pm Optionsavvy none : still in
01:11 pm OILQ K : Adding to $DIS swing last add
01:13 pm Optionsavvy none : took myself out at -.10
01:15 pm Optionsavvy none : this AYA has been showing up on my scans. decent flag
01:15 pm Mathew Waterfall : Natty gives up all of the post report gains and then some. Still can’t find its footing
01:15 pm curtenroute m : watching $OWCP wash out while on road here
01:18 pm slade d : $TSLA VWAP
01:21 pm OILQ K : $CETX on move
01:28 pm curtenroute m : Long $OWCP
01:37 pm curtenroute m : man I hit it hard too and nothing … holding for mow
01:38 pm curtenroute m : was looking for a break on HOD with time of day on my side maybe
01:42 pm slade d : .
01:47 pm curtenroute m : $CLBS halt
01:48 pm Mathew Waterfall : More $SLB and $BAC calls being bought. $BAC has seen orders flowing all week, someones looking for a rate hike
01:50 pm Optionsavvy none : BAC working on a breakout of 11/08 levels
01:51 pm Optionsavvy none : been looking at BAC leaps
01:51 pm Jake R : $TEUM HOD
01:53 pm Mathew Waterfall : I don’t see how $BAC keeps running without another rate hike, and there’s no reason to think we get one in March
01:57 pm Optionsavvy none : because it was being smothered by regs . now that we have $GS in the whitehouse its going to be a free for all
01:58 pm Optionsavvy none : bring back the Credit swaps and stated loans weve learned nothing
02:00 pm curtenroute m : had to cut down 5 cents
02:00 pm Mathew Waterfall : Just like we’re now learning the tax plans aren’t coming anytime soon, I think banks start to feel the lack of action as well. That’s just me I’m not bearish on them just don’t want to be launching huge calls into them
02:01 pm Optionsavvy none : agree thats the unknown
02:02 pm Optionsavvy none : BAC 11/08 high was 24.62. broke that this morning and pulled back. wait and see mode
02:04 pm Mathew Waterfall : It broke that yesterday and sold off on FOMC minutes as well so there’s at least some optimism tied to the rake hike possibility
02:04 pm Optionsavvy none : BAC one of my fav option plays. cheap to play
02:05 pm Optionsavvy none : FH showed up scan pre. currently running about 2x vol. could bounce nicely
02:09 pm Jake R : Just noticed that $NE Noble call from your Twitter feed that was on newsletter this morning – I missed that one nice call!
02:10 pm Optionsavvy none : heading out. just stopped by to check out the room. best of luck all
02:10 pm Mathew Waterfall : $FH likes to play that range it seems. I’ve traded it a bit in the recent past and it has rouble getting going
02:10 pm curtenroute m : $OWCP runs lol
02:10 pm Mathew Waterfall : Thanks you as well!
02:25 pm curtenroute m : $NE still running
02:26 pm Jake R : $CNXS sub up 100%+ wow
02:27 pm Mathew Waterfall : $NE 38.2 and large volume dist at 8.34 FYOI
02:27 pm Mathew Waterfall : *FI
02:27 pm Mathew Waterfall : jesus fyi I mean
02:32 pm OILK K : $CLBS nHOD
02:34 pm Mathew Waterfall : MEssy flow across the board again today in the indexes. SPY calls and puts being bought, a large $QQQ put order earlier, some $TZA calls. $VXX calls also being bought. So leaning a bit to the downside per my viewing but will have to double check the OI and totals alter
02:52 pm Sandy S : $GEVO pops
03:01 pm curtenroute m : what a mess out there
03:12 pm curtenroute m : $MGTI HOD
03:48 pm curtenroute m : Howd your day make out Mathew? Sorry I was distracted on the road here.
03:49 pm Jake R : pretty quiet curt
03:49 pm curtenroute m : tomorrow another day!
03:52 pm Mathew Waterfall : Another quiet day. Albeit green so I’m not complaining lol. Looks like most of the miners are lagging pretty hard here so I’m waiting for some catch up to start there and to see if we keep some rotation into energy names. Will want to enter $CHK before too long I think and don’t mind the level that natty is trading as long as it holds and gets back into the 2.70’s
03:53 pm curtenroute m : thanks for the update!
03:54 pm Mathew Waterfall : Yea not much going on after the initial action. Signs point to vol coming back though so let’s cross our fingers
03:54 pm curtenroute m : yup\
03:55 pm slade d : catcha tomorrow
03:57 pm Mathew Waterfall : Have a good night all, see ya in the morning!
03:57 pm curtenroute m : cya
03:57 pm Sandy S : bye guys

Be safe out there!

 

Article Topics: $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX  – $DUST, $ASM, $SSH, $VRX, $TRCH, $LGCY  – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading 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 Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS

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

Stock Trading Plan for Friday Feb 24, 2017 in Compound Trading Chat room. $CEMP, $AXDX, $RH, $TST – $UWT, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – 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:

No algo or swing trading updates today, just arrived back from my trip and no time be market open. Lots of videos being done this weekend that will be posted to YouTube.

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $UWT, $NE, $BSTG, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA.

$NE Noble Is my newest position and I think it went up about 6% on Thursday – haven’t had a moment to check.

$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

As per previous $CBMX I am now out for huge gains.

As noted before I may exit $VRX and $UWT.

Market Outlook / Trading Plan:

Yesterday I posted $NE Noble Chart on watchlist on morning premarket and it was up 6% or so yesterday last I looked – hope ya banked on it! I got a few thank you’s from our Swing Trading side cause they had it on their morning Swing Trading updates from me also.

$NE, Trading Plan, Swing Trade
$NE Swing long 6.95 average for a 9.00 upside target.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $CEMP, $AXDX, $RH, $TST

$CEMP, Premarket, Trading, Plan, Stocks
$CEMP Up 47% Premarket

Cempra’s CEM-102 successful in late-stage ABSSSI study; shares ahead 49% premarket http://seekingalpha.com/news/3246318-cempras-cemminus-102-successful-late-stage-absssi-study-shares-ahead-49-percent-premarket?source=feed_f … #premarket $CEMP

https://twitter.com/Quarry_Rock/status/835120574238179328

If you are new to our trading service you should review recent blog posts, our 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 lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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: Gainers:  $CEMP, $AXDX, $RH, $TST $OLED $AAOI $NAK $GEVO $TVIX $UVXY $PSO $JNUG $PLUG $NUGT $INCY $AUY $UGAZ

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

(5) 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:  $CEMP, $AXDX, $RH, $TST – $UWT, $NE, $BSTG, $ONTX, $VRX, $SSH, $ASM, $TRCH – $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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