Tag: Day-trading

PreMarket Trading Plan Tues Feb 14 $UGAZ, $MRNS, $AEZS, $ZIAS, $CBIO

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

Stock Trading Plan for Tuesday Feb 14, 2017 in Compound Trading Chat room. $UGAZ, $MRNS, $AEZS, $ZIAS, $CBIO – $UWT, $ONTX, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO – 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!

Notices:

Trade Results: Be sure to review trade results post market report from yesterday.

Weekend Webinar Videos: The webinars from weekend that explain how our algorithmic chart models for each of six ($SPY, $DXY, $USOIL, $GOLD, $SILVER, $VIX) work, our Swing Trading and our Live Trading Room are now posted on our You Tube Channel.

Current Holds / Trading Plan:

All small size – $UWT, $ONTX, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Most of my outlook is similar to yesterday, Fed is on deck so you never know how that will affect things.

$SPY has been active and markets continue to improve for daytrades a bit, $VIX dead so watching for spikes, $OIL in multi-week range (if they stop manipulating it will drop) – I took a long position in oil related $UWT at support and will add at support as long as it doesn’t fail support and will close trade at multi-week resistance, $GOLD and $SILVER everyone has gone bull so we will see, $USDJPY $DXY most say is going down so we’ll see, and natural gas looks like its near an interim bottom. 

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

Momo Watch: $UGAZ, $MRNS, $AEZS, $ZIAS, $CBIO

$CBIO, Premarket, Chart, Stocks, Trading, Plan
$CBIO Premarket Stocks Trading Plan – Chart Bot Perfect Buy Alert 355 PM Yesterday wow.

S&P -0.02%.

10-yr -0.04%.

Euro +0.22% vs. dollar.

Crude +0.83% to $53.37.

Gold +0.71% to $1,234.45.

http://seekingalpha.com/news/3243129-hour

Incyte revenues up 34% in Q4; updates guidance http://seekingalpha.com/news/3243150-incyte-revenues-34-percent-q4-updates-guidance?source=feed_f … #premarket $INCY

Hologic takes out Cynosure for $1.65B ($66/share) http://seekingalpha.com/news/3243145-hologic-takes-cynosure-1_65b-66-share?source=feed_f … #premarket $HOLX $CYNO

Report: China’s announced steel capacity cuts were fake http://seekingalpha.com/news/3243147-report-chinas-announced-steel-capacity-cuts-fake?source=twitter_sa_factset … #premarket $X $MT $AKS $NUE

Freeport halts production at Indonesian copper mine http://seekingalpha.com/news/3243158-freeport-halts-production-indonesian-copper-mine?source=twitter_sa_factset … #premarket $FCX

$CS +1.6% #premarket after pre-tax profits beat expectations,boosted by a strong #quarter in investment banking and capital

Popeyes Louisiana Kitchen falls after NY Post tips no QSR buyout http://seekingalpha.com/news/3243161-popeyes-louisiana-kitchen-falls-ny-post-tips-qsr-buyout?source=twitter_sa_factset … #premarket $PLKI $QSR

Carnival starts to ring the register on Cuba business http://seekingalpha.com/news/3243174-carnival-starts-ring-register-cuba-business?source=feed_f … #premarket $CCL

CAE beats by C$0.03, beats on revenue http://seekingalpha.com/news/3243173-cae-beats-c-0_03-beats-revenue?source=feed_f … #premarket $CAE

Catalyst Bio +23% on trial plans http://seekingalpha.com/news/3243178-catalyst-bio-plus-23-percent-trial-plans?source=twitter_sa_factset … #premarket $CBIO

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: $CGA 24%, $ZAIS 24%, $RELV 17%, $CBIO 15%, $GIG 13%, $RNN 12%, $SINO 11% $MRNS $AXSM $KOOL $DCIX $GALE $OHRP $AGEN

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

(2) Pre-market Decliners Watch-List: $GEVO -24%, $TTM -6%, $PFLT -3%, $PLX $JDST $UGAZ $DWT $DUST $AZN $MU $NVS  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: $UGAZ, $MRNS, $AEZS, $ZIAS, $CBIO – $UWT, $ONTX, $VRX, $SSH, $ASM, $CBMX, $JUNO, $DUST, $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 Results Mon Feb 13 $MYSZ, $SINO, $TOPS, $ONTX, $UWT

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

Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Monday Feb 13, 2017; $MYSZ, $SINO, $TOPS, $ONTX, $UWT – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $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.

Text highlighted in red below is new to today’s commentary.

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:

NA

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

Monday was more active than Friday. I took a long in oil related $UWT and will add on dips while it is in its recent weeks trading range. Also took a long on $ONTX – they are presenting twice in February. Scalped trades on momentum stocks $MYSZ, $SINO for wins and $TOPS for small loss.

Trading, Results, Chat, Room, Stocks
$MYSF Momentum Trade Monday, Trading Results, Stocks, ChatRoom

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

Ticker Last Change Volume Signal
SINO 4.70 72.79% 18832081 Top Gainers
ZSAN 1.70 41.67% 46584367 Top Gainers
RELV 5.80 31.22% 166200 Top Gainers
PLX 1.31 29.70% 20140200 Top Gainers
PLSE 11.84 26.63% 423200 Top Gainers
ELMD 4.95 21.92% 445795 Top Gainers
CBIO 9.50 1744.66% 425217 New High
PLX 1.31 29.70% 20140200 New High
PLSE 11.84 26.63% 423200 New High
BBGI 10.65 7.58% 51000 New High
PLX 1.31 29.70% 20140200 Overbought
PLSE 11.84 26.63% 423200 Overbought
ZSAN 1.70 41.67% 46584367 Unusual Volume
CARZ 36.28 1.48% 296524 Unusual Volume
TORM 6.35 4.10% 60600 Unusual Volume
DXKW 22.71 0.53% 105632 Unusual Volume
AGYS 9.42 7.29% 152500 Upgrades
AETI 1.85 -3.14% 16300 Earnings Before
GSB 3.88 -0.51% 20345 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

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

Looking Forward:

I am watching our standard plays that apply to our algorithmic charting, as follows;

US Dollar $DXY $USDJPY $UUP:

Since US Dollar entered this support range / divergence on downtrend it hasn’t done much and still potentially threatens.

Per recent, “US Dollar $DXY is at important support so I will watch for a bounce (my personal bias)”. Today it did in fact bounce. The algorithmic model had noted a minor divergence as did the classic charting so I took a late day trade in $JDST (going well).

Friday was the Trump and Abe meeting day and the dollar is still sitting at support at end of day but charting is divergent so the jury is out.

Per recent, “And there are the really important long term chart MA indicators that are not bearish the $DXY that should be in mind.”

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

In overnight trade Gold is challenging its intra downtrending channel top  – but that may just ave something to do with Yellen Tuesday.

Per recent,” $GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon so I will watch for a pull-back (my personal bias but I do know there is a significant possibility my bias is wrong and if so I will really hammer down on the move through resistance long if it occurs – AND I’ll be ready for the small and micro caps that would likely light fight in that scenario)”.

Per recent, “Gold struggled at the second last resistance decision (at the algorithms symmetry extension on Rosie the Gold Algo charts – yellow line) and came off. And then when it failed the diagonal Fib based algorithm trendline (white dotted on Rosie’s charts) I took my trade in $JDST. In overnight trading this hasn’t been regained so there are 3 important resistance levels in Gold on our algorithm has before our algo considers the uptrend continued – so I will watch. Also of consideration for this trade is the announcement from Trump and Japan’s Abe expected Friday at 1:00 EST.”

So on Friday Gold jumped around like the $DXY US Dollar and $USDJPY. My guess is Sunday night trade or Monday trade will tell us a lot in the Dollar.

Silver $SLV:

Here, as with Gold, I suspect Yellen Tuesday will determine which trend continues.

Per Recent;

Silver is trading much like Gold in that it is near resistance and seems to be awaiting decisions or market reaction to Trump / Abe weekend and $USDJPY.

Crude Oil $USOIL $WTI:

Oil trade is up a bit overnight, I am in oil related $UWT and will add on dips inside multi-week sideways trade or if it hits upside resistance I will close position.

Per recent; Crude oil is trading very aggressive but completed the day right under the resistance Epic the Oil Algo has identified as key for many weeks. I suspect traders are awaiting OPEC meeting news and Trump and Abe weekend news bits before committing. 

Per recent, “$OIL was broke and it magically repaired and is back in its multi-week range – trade the range until really broke.” On Thursday oil continued to trade within the sideways range it has been in for weeks – so yes, magically repaired chart. I believe there was evidence Wed and Thur of how our markets are “managed” – even oil.

Per recent, “There are OPEC meetings this weekend so that is in the mix also.”

Volatility $VIX:

Per recent; $VIX is still near dead – records are being set and/or are near being set daily.

$SPY S&P 500:

The next upside target in trade was hit Monday and our algo alerted members to ratchet stops – we expect a short-term pullback.

Per recent; So $SPY did break out Thursday – our algo did predict this before the election so that wasn’t a big surprise but the interesting thing to myself and some of the traders in our membership was that price action hit the symmetry extension to the high side our algo Freedom the $SPY Algo had charted perfectly. Trade also continued Friday predictably in our modeling. So our fifth of six algos is starting to hit consistently also.

Per recent, “$SPY continues in its range but I will be looking for a break to higher (my personal bias)”. $SPY did break out on Thursday as expected so I am studying opportunity.

Natural Gas:

It seems to be near a low IMO.

Momentum Trades:

Momentum trades on Friday I found to be with-out follow through volume (as did other traders in the room and many others I communicate with in the community).

Per recent, “Still playing morning momos but the last 15 sessions follow-through momo (where I bank) has been difficult because volume goes poof”. This still the case but this morning premarket was a bit stronger but follow through wasn’t great (even though it was better).

Swing Trading:

There have been a string of trading wins in 2017 on the Swing Trading side;

https://twitter.com/CompoundTrading/status/830811830318624768

https://twitter.com/CompoundTrading/status/830807905125273600

https://twitter.com/CompoundTrading/status/830797086421442564

https://twitter.com/CompoundTrading/status/830795131829641220

https://twitter.com/CompoundTrading/status/830790162929954817

https://twitter.com/CompoundTrading/status/830786592402927616

https://twitter.com/CompoundTrading/status/830723117039226880

Per recent, “Swing trading – continuing to bank on that side of our platform and don’t expect that to slow down in 2017 (until a change in market conditions of course)”. And of course this only got better today for our swing traders with $SPY break-out and related equities. There are a host of stocks in the service being traded such as $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK and more.

Earnings:

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

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

https://twitter.com/CompoundTrading/status/831261256162144258

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

09:26 am Flash G : Long $AEZS
09:29 am OILK K : Like $CNXR here
09:29 am Mathew Waterfall : Natty here is tempting bu man that stuff trades crazy
09:30 am OILK K : ha
09:32 am Flash G : Long $ZSAN starter
09:36 am Mathew Waterfall : Scalped $ZSAN out too early. $TGB putting in another beast open with copper flying
09:36 am Flash G : $RXII
09:38 am MarketMaven M : $RNN too on the move
09:39 am OILK K : Nice $TSLA
09:39 am Mathew Waterfall : My $TVIX swing from Friday is down a couple cents. Mondays are usually weak so I’m letting it work, stop is at 4.5. It’s a small position so if I get stopped it won’t be a big deal
09:42 am OILQ K : $CLF baby
09:43 am OILQ K : My $EBAY flying from last week sell soon
09:43 am Mathew Waterfall : Im still sitting in those $CLF weekly lotto’s. 12 calls. Hope for some more mojo to make up for Fridays dump
09:44 am MarketMaven M : $CRDS on the move
09:45 am MarketMaven M : My $XLF strong great hold IMO
09:47 am Mathew Waterfall : $JNUG weekly 13c’s at .25. Just a few. This metals weakness isn’t confidence inspiring but they’re cheap and will explode on strength
09:49 am Mathew Waterfall : I also bumped my stop on the $UAA play to right under Fridays LOD. This position is in the green for me but the action isn’t great. It needs to break into the gap ASAP or risk just chopping around down there for who knows how long
09:49 am MarketMaven M : ss $X
09:53 am Mathew Waterfall : The set up http://2.bp.blogspot.com/-1gDI2vcBCEI/Tg3FQaXoLUI/AAAAAAAABz0/KYxeKL7x6Wg/s1600/2011-07-01.png
09:53 am Sledge H : $MDGS on watch now
09:54 am Mathew Waterfall : $TSLA beast mode. Guess I won’t be getting in those calls today lol
09:54 am Flash G : $VALE decent
09:56 am OILQ K : $MPEL jiggy
09:56 am Mathew Waterfall : Oil/gas seeing some action but oil still chopping. I’, on the sidelines until that clears up. In the past these moves only last a couple days without oil getting going as support
09:59 am Curtis M : $GILD Ichan chatter
10:01 am OILK K : Long $GILD small start on this
10:01 am Mathew Waterfall : VIX way up and $TVIX not budging. No one wants to buy insurance
10:09 am OILK K : $GILD nice one
10:12 am MarketMaven M : $GILD forming great break out base
10:13 am MarketMaven M : and its gone
10:16 am MarketMaven M : Curt $CBMX up another 5% this morning
10:17 am Curtis M : y adecent swing 🙂
10:25 am MarketMaven M : Hold on $GILD for now but has come of a tad
10:25 am MarketMaven M : I have a small entry
10:31 am cynthia y : $SINO funny yippy trying a long
10:37 am Mathew Waterfall : On the mic
10:41 am OILK K : $GLBS and $TOPS interesting action momo
10:42 am MarketMaven M : Thanks Mega Matta
10:43 am MarketMaven M : Shippers
10:43 am Mathew Waterfall : You got it
10:48 am Curtis M : Long $TOPS 2.24 starter size only
10:57 am Curtis M : Starting a positon in $UWT to swing add on dips for retest of resistanceon 54 $USOIL area
10:59 am OILK K : I’ll follow that $UWT play – get leggy if needed
10:59 am Curtis M : might have to
11:00 am Mathew Waterfall : back in a few
11:01 am Curtis M : LOmg $SINO small
11:09 am Curtis M : $SINO action surprised shorts is my thesis
11:09 am Curtis M : so we’ll see
11:09 am OILQ K : Well i thought you were niits:)
11:10 am Curtis M : small plays:)
11:19 am OILQ K : $X party
11:20 am Seth I : I am starting to sell after huge gains $X nice swing
11:20 am Curtis M : Nice play Seth
11:26 am Curtis M : Sold $SINO 4.92
11:28 am MarketMaven M : goin for lunch
11:29 am Curtis M : Holding $TOPS until this afternoon – tiny play will xit before end of day
11:30 am OILK K : lunch sounds great things slow
11:30 am Seth I : agree
11:30 am Burke J : STUDY lunch for me
11:33 am Curtis M : screen will black for a sec
11:35 am MarketMaven M : $GILD nice day
11:36 am OILQ K : enjoy
11:36 am Flash G : $HILD y agood plays there
11:36 am Flash G : $GILD
11:37 am MarketMaven M : ya curt enjoy lunch
11:38 am Curtis M : Thanks lol I’ll be around for ten or so delaing wth calls
11:47 am Curtis M : outta here catcha in 30
11:58 am MarketMaven M : $QBAK jumpy one
12:00 pm Mathew Waterfall : $ACUR breakout looks like it might have legs
12:00 pm MarketMaven M : Was watching that
12:02 pm Mathew Waterfall : looking for a 9 day touch on the 5′ for entry. Doesn’t look like it’ll make it all the way down to VWAp at this point
12:03 pm MarketMaven M : 10 4
12:08 pm Curtis M : back didn’t miss much:)
12:08 pm MarketMaven M : nope
12:11 pm Mathew Waterfall : Trying $acur off of that 9 day touch. Stop right under VWAP
12:12 pm MarketMaven M : GL im looking at $AMDA too
12:12 pm MarketMaven M : Can’t believe $SINO held up
12:14 pm Mathew Waterfall : I thought $SINO was a flush sooner or later. I’m still sitting in $AMDA hoping one of these days it’ll pop. Has been in he same couple cent range for a while
12:15 pm Flash G : $TWLO on my radar with current action
12:15 pm Mathew Waterfall : $TWLo saw some nice calls being bought right off of the open. Thing likes to whipsaw though so keep that in mind
12:16 pm Flash G : yeh $SINO!
12:18 pm Jack D : You were right abouth shorts on wrong side :):)
12:18 pm Mathew Waterfall : $AUPH on breakout watch as well over .50
12:19 pm Flash G : $AUPH has that look
12:20 pm Mathew Waterfall : Feels like it wants to rip.
12:24 pm Curtis M : Daytraders are frotrunning TOD on $TWLO $SINO I think and $AUPH interesting
12:25 pm Curtis M : in $SINO small and tight
12:26 pm Mathew Waterfall : $AUPH now seeing expanding valume. Im in it right at that break out of 3.5
12:26 pm Curtis M : Didnt get executed like I thouhgt
12:26 pm Mathew Waterfall : Looking at $DCIX for tomorrow if $SINO can hold on
12:27 pm Curtis M : In $SINO now
12:28 pm Mathew Waterfall : Out of $ACUR unless it heads north in a hurry
12:28 pm Curtis M : Flat like 26 sec late lol fark
12:28 pm Curtis M : fills are slow on lunch with TD
12:29 pm Curtis M : for some stocks for some reason
12:29 pm Jack D : Same prob
12:30 pm Jack D : $TWLO something going on
12:33 pm Fabian N : Tester in $OPS the shippers might run this afternoon low float
12:36 pm Flash G : Chewing at $AUPH now for break of 3.58 area should go
12:43 pm Flash G : $TWLO nice action
12:56 pm Curtis M : Long $ONTX
12:58 pm Curtis M : Add $TOPS
01:01 pm Jack D : $TWTR almost decent here
01:02 pm MarketMaven M : almost looool not yet
01:10 pm OILQ K : $RNN nhod some of these micros are crazy
01:11 pm MarketMaven M : ya wtf
01:13 pm Flash G : $AUPH getting ready
01:17 pm Blyne G : Curt I just looked at that $ONTX news on your Twitter I get it – gonna try a bit
01:17 pm Curtis M : 🙂
01:18 pm Mathew Waterfall : $NAK big call buy just went across. I got back in a bit earlier as mentioned on the mic and like the movement
01:19 pm MarketMaven M : $NAK could be great again
01:19 pm MarketMaven M : I have it on my short short list of 30
01:20 pm Mathew Waterfall : I liked it Friday, and wanted to watch to see if it would hold its breakout level of 3.10. Hasn’t made it that far south so I rebought. Would add if it keeps going towards that 3.1 area
01:28 pm Mathew Waterfall : Feels like we might see some downside here right after I got stopped out of my $TVIX position lol
01:29 pm Curtis M : very possible
01:29 pm Mathew Waterfall : hah right as you sent that email lol
01:30 pm Curtis M : ya
01:31 pm MarketMaven M : what email?
01:31 pm Curtis M : $SPY subs email to ratchet
01:31 pm MarketMaven M : duh
01:32 pm Curtis M : sassy
01:37 pm Nicholas Winton : good day all
01:38 pm Nicholas Winton : watching $URRE
01:38 pm Curtis M : watch $SINO
01:39 pm Phun K : ya see that
01:40 pm Nicholas Winton : Nice Curtis, $DRYS too
01:41 pm Mathew Waterfall : The buyers here are crazy in $SPX/$SPY. Relentless
01:41 pm Phun K : action very curious
01:42 pm Nicholas Winton : Mathew, see $IWC to take temperature on speculation
01:43 pm Nicholas Winton : that index tracks microcaps across many sectors and is just heating up
01:43 pm Seth I : I think you guys are on right track with $AUPH $SINO $AMDA and $ONTX all of them
01:44 pm Nicholas Winton : small MJ stock setting up nicely $MJTK
01:44 pm Mathew Waterfall : I don’t know how much I value the micro caps as a leading indicator nich. Have you found they are consistently on the money?
01:45 pm Nicholas Winton : that IWC chart is damn bullish
01:45 pm Nicholas Winton : and you put it together with the action you are seeing in copper, very bullish for mkt as a whole
01:47 pm Nicholas Winton : anyway let’s see how things play out
01:47 pm Mathew Waterfall : Agreed. I also don’t use copper as an overall market indicator anymore so maybe that’s my trepidation there
01:48 pm Mathew Waterfall : Always interesting to hear how others look at the market overall, I love this type of conversation
01:48 pm MarketMaven M : $AUPH could go off here
01:48 pm Flash G : YES looking good
01:50 pm Fabian N : $AUPH very bullish intra – good time of day – about break resistance – good play there guys
01:53 pm John M : Whats your cost average on $ONTX Curt?
01:53 pm Curtis M : 2.87
01:53 pm Curtis M : only entry today
01:56 pm Nicholas Winton : yes Mat, copper stopped being a good tell a while back- but i find it is a good barometer of mkt strength once again
01:56 pm Nicholas Winton : when it rolls over then this mkt rally will be over- not until then- imho
01:57 pm Nicholas Winton : i think we are still going to see pwerful niche rallies in biotech, mj stocks, lithium, shippers, miners
01:57 pm Nicholas Winton : just a matter of when imo
01:58 pm Mathew Waterfall : Question is does that happen in overall market strength or weakness? Some of those plays could easily be in a bear market
01:58 pm Nicholas Winton : i think we’re seeing speculation returning to the market as SPY advances
01:59 pm Nicholas Winton : last Jan, penny stock volumes were at 16 year lows
01:59 pm Mathew Waterfall : $SPY is seeing a lot of retail buying yes. FOMO comes right before the fall though
02:00 pm Mathew Waterfall : Just trying to think of both sides here. Besides my VIX plays I’m not playing anything index wise
02:00 pm Nicholas Winton : of course- keeping my eyes open too 🙂
02:06 pm Victor G : man $AUPH looks angy
02:07 pm Mathew Waterfall : $AUPH needs a HOD break and it’s off to the races
02:07 pm Victor G : any sec maybe
02:12 pm Nicholas Winton : nice
02:12 pm Flash G : $DRYS not looking great intra day anyway
02:12 pm Nicholas Winton : maybe turnaround tuesday
02:17 pm Curtis M : $AUPH looks to be leaving station soon
02:17 pm Mathew Waterfall : Be a nice guy and hit it with a 100k order for us 🙂
02:17 pm Curtis M : 3M shares turn today lol
02:18 pm Curtis M : its going
02:19 pm Mathew Waterfall : If it can’t go in the next 10-15 no dice. Everything seems to be turning up
02:23 pm Curtis M : buys in $DRYS
02:26 pm Curtis M : $MYSZ halt 268% today
02:26 pm Mathew Waterfall : Here we go
02:29 pm Flash G : $AUPH looks great
02:34 pm Curtis M : $MYSZ in deep cant alert
02:35 pm Curtis M : scalping
02:36 pm Mathew Waterfall : Out $AUPH. Stopped. Don’t like it couldn’t break out will look to readd
02:37 pm Mathew Waterfall : Couldn’t hold the break out I mean. Had a trailing stop that got nicked on that break down
02:40 pm Curtis M : lol that was fun I hit it las ttme stock rsi hit bottom around 14.30 ish survived
02:41 pm MarketMaven M : crazzzy
02:41 pm Curtis M : $AUPH kinda off action on the break there
02:42 pm Mathew Waterfall : I expected some follow through which is what made me put the stop on. It will probably go higher without me as usual
02:42 pm Curtis M : odd acton
02:47 pm Slate S : $TWTR long
02:52 pm Curtis M : Gonna get out of $TOPS for tiny loss sometime soon here
02:52 pm Curtis M : Holding $UWT overnight and will add on dps as long as support in range holds
02:54 pm OILQ K : Still hold $AUPH for another break HOD cross fingers
02:56 pm Mathew Waterfall : It held the 9 day nicely on the 5′. It doesn’t look horrible to me eye so over HOD I may jump back in
02:56 pm Curtis M : $AUPH looking like it will go again yes
02:57 pm Curtis M : off she goes
03:00 pm Nicholas Winton : $MJTK boom
03:02 pm MarketMaven M : $GALT on watch – presentation time
03:03 pm Mathew Waterfall : I love a nice bottom call Nich, I’m going to look into that one a bit AH
03:10 pm Nicholas Winton : it has a nice curl
03:13 pm Mathew Waterfall : I like their business model, but holy low float this thing is mega micro 2.7m shares at .0095
03:20 pm Blyne G : $PLKI spike
03:24 pm Sledge H : $MYSZ tough to trade I would thnk
03:25 pm Nicholas Winton : yeah Mat- it could be an interesting ride
03:26 pm Mathew Waterfall : I’ll continue to dig in a bit and report back in my mid morning report tomorrow. Combing through some 10q’s right now
03:32 pm Nicholas Winton : thanks, i would be interested in what you find Mat
03:33 pm Nicholas Winton : i’ve just been watching it as a momo
03:35 pm Mathew Waterfall : I want to see if I can size into this thing for a longer term play, answer currently is maybe. They are doing some OK stuff, some not so great
03:43 pm Slate S : $ROKA HOD
03:49 pm MarketMaven M : Nichs $URRE strong close fyi
03:54 pm Flash G : see ya tomrw
03:54 pm Mathew Waterfall : See ya in the AM. Im out of here shortly as well
03:55 pm Nicholas Winton : ciao Mat and everyone
03:56 pm Nicholas Winton : tomorrow a couple to watch $UEC and $LTBR
03:56 pm Curtis M : cya nich
04:00 pm Curtis M : Hav a great night all!

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $MYSZ, $SINO, $TOPS, $ONTX, $UWT – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $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 Mon Feb 13 $SINO, $ZLTQ, $ZINO, $ZSAN, $BCEI, $AEZS, $IMMU, $PLUG, $KBSF, $UGAZ, $JDST, $JNUG

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

Stock Trading Plan for Monday Feb 13, 2017 in Trading Chat room. $SINO, $ZLTQ, $ZINO, $ZSAN, $BCEI, $AEZS, $IMMU, $PLUG, $KBSF, $UGAZ, $JDST, $JNUG – $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO – 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!

Notices:

NA

Current Holds / Trading Plan:

All small size – $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

$SPY has been active and markets continue to improve for daytrades a bit, $VIX dead so watching for spikes, $OIL in multi-week range (if they stop manipulating it will drop), $GOLD and $SILVER everyone has gone bull so we will see, $USDJPY $DXY most say is going down so we’ll see, and natural gas looks like its near an interim bottom. 

Morning Momo / News and Social Bits:

Momo Watch: $SINO, $ZLTQ, $ZINO, $ZSAN, $BCEI, $AEZS, $IMMU, $PLUG, $UGAZ, $JDST, $JNUG

$KBSF, Premarket, Trading, Plan, Stocks
$KBSF Premarket + 23%, Trading Plan, Stocks

 

8:00 AM:

S&P +0.17%.

10-yr -0.17%.

Euro -0.07% vs. dollar.

Crude -0.63% to $53.52.

Gold -0.46% to $1,230.25.

Goldman Sachs raising $AAPL price tgt to $150 from $133, says the iPhone8 will have 3D sensing, ie $LITE

Zeltiq shares leap 12% in premarket on news of takeover by Allergan http://on.mktw.net/2lBbehS

$TEAR – Osmolarity System Was Approved By Republic of Korea And Is Scheduled For Commercial Launch In India

Goldman Sachs sees Hasbro rally extending http://seekingalpha.com/news/3242801-goldman-sachs-sees-hasbro-rally-extending?source=twitter_sa_factset … #premarket $HAS

Axovant’s nelotanserin shows treatment benefit in mid-stage dementia study; shares up 5% premarket http://seekingalpha.com/news/3242797-axovants-nelotanserin-shows-treatment-benefit-mid-stage-dementia-study-shares-5-percent?source=feed_f … #premarket $AXO…

At $43B+, #Tesla’s market cap is now over 85% of Ford.

Michael Kors to report Q4 results late due to technical glitch http://seekingalpha.com/news/3242795-michael-kors-report-q4-results-late-due-technical-glitch?source=feed_f … #premarket $KORS

Boeing -1.4% on downgrade http://seekingalpha.com/news/3242787-boeing-minus-1_4-percent-downgrade?source=feed_f … #premarket $BA…

$TEVA up 6% premarket after no new shoe drops in their press release.

Sage Therapeutics’s depression candidate SAGE-217 shows positive treatment effect in Part A of m… http://seekingalpha.com/news/3242779-sage-therapeuticss-depression-candidate-sageminus-217-shows-positive-treatment-effect-part?source=feed_f … #premarket $SA…

$KBSF running premarket.

Allergan takes out ZELTIQ for $2.47B http://seekingalpha.com/news/3242804-allergan-takes-zeltiq-2_47b?source=feed_f … #premarket $AGN $ZLTQ

$AEZS 16% PRE

CBRE Group buys Capstone Financial http://seekingalpha.com/news/3242806-cbre-group-buys-capstone-financial?source=feed_f … #premarket $CBG

Macy’s on the move after Barron’s tees it up http://seekingalpha.com/news/3242805-macys-move-barrons-tees?source=twitter_sa_factset … #premarket $M

Global miners move higher alongside copper prices http://seekingalpha.com/news/3242807-global-miners-move-higher-alongside-copper-prices?source=twitter_sa_factset … #premarket $BHP $RIO $GLCNF $GLNCY

$ZSAN 3.8mg Dose of M207 Meets Both Co-primary Endpoints in the ZOTRIP Pivotal Efficacy Trial in Migraine

Flagstar Bancorp has almost 50% upside – Piper Jaffray http://seekingalpha.com/news/3242819-flagstar-bancorp-almost-50-percent-upside-piper-jaffray?source=feed_f … #premarket $FBC

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: $PLX, $MDGS, $BLFS, $DGAZ, $PLUG, $SDRL $TEVA $TSEM $CMRE $ELOS $MT $IMMU $BBRY $JDST $VALE $FCX

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: $UGAZ, $JDST, $JNUG, $SINO, $ZLTQ, $ZINO, $ZSAN, $BCEI, $AEZS, $IMMU, $PLUG

(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:  $MPEL $NUE $JCP $CMRE $FBC $PBR $TSU $REGN $SBCF $GTE $TWIN as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $EVR $MASI $OXY $AKS $AUO $FSFR $TRV $AGU $WSM $CVA $INOV $RAI $TAC $LPT $CEB $BA $GCI $MDU 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: $UGAZ, $JDST, $SINO, $ZLTQ, $ZINO, $ZSAN, $BCEI, $AEZS, $IMMU, $PLUG – $VRX, $SSH, $ASM, $CBMX, $JUNO, $DUST, $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 10 – $JDST, $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY

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

Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Friday Feb 10, 2017; $JDST, $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $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.

Text highlighted in red below is new to today’s commentary.

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:

Free Public Webinar Schedule: Set over to Sunday Feb 12, 2017 Same Times!

Webinars are scheduled for this Sunday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Sunday Feb 12, 2017

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

New article on our blog: Keep it simple charting (amazing how you make consistent and predictable returns trading the simplicity of some charts).

https://twitter.com/CompoundTrading/status/829305114091483140

New article on our blog:

Per previous;

Trading Room News Memo – There is a new member memo out that updates our members on trading room news and upcoming events. It also discusses our upcoming announcement of weekly webinars for existing members that wish to use our work in a more in depth manner and prospective members that would like to understand more about what we do. These webinars will be weekly for all six algorithmic charting models, our swing trading service and our trade room – each being 30 minutes in length. You will find the memo here:

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

It was a quieter day for the room – Trump was meeting with Abe so there was some pensiveness in the market. My $JDST swing came off (in after market Thursday it was looking decent) – I ended up a tad up / basically flat.

All in all its been really positive for our algo charting newsletter subscribers and trading room – checking in with our members regularly reminds me of their success on our platform so that’s awesome.

Swing trading members have enjoyed consistent success wince the start of the year and this week just got better. Hopefully our swing trading calls continue like that!

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

Ticker Last Change Volume Signal
SWIR 24.45 31.10% 3880370 Top Gainers
INFN 11.96 27.23% 16639335 Top Gainers
SHLD 6.96 25.63% 12051172 Top Gainers
PLSE 9.35 23.84% 438447 Top Gainers
IMMU 5.23 21.63% 54321506 Top Gainers
QUOT 13.20 21.10% 2175952 Top Gainers
XTLB 2.94 382.30% 31202 New High
SOL 3.10 404.15% 164821 New High
PLSE 9.35 23.84% 438447 New High
SWIR 24.45 31.10% 3880370 New High
SOL 3.10 404.15% 164821 Overbought
QUNR 32.53 4.73% 369172 Overbought
BSTG 0.30 -40.68% 11314410 Unusual Volume
HFXJ 19.09 0.69% 25742 Unusual Volume
BLFS 2.07 12.39% 888608 Unusual Volume
IMMU 5.23 21.63% 54321506 Unusual Volume
MT 8.76 6.31% 32834251 Upgrades
AON 115.59 0.36% 1213365 Earnings Before
MODN 10.10 1.00% 114765 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM

Looking Forward:

I am watching our standards that apply to our algorithmic charting, as follows;

US Dollar $DXY $USDJPY $UUP:

Per recent, “US Dollar $DXY is at important support so I will watch for a bounce (my personal bias)”. Today it did in fact bounce. The algorithmic model had noted a minor divergence as did the classic charting so I took a late day trade in $JDST (going well).

Friday was the Trump and Abe meeting day and the dollar is still sitting at support at end of day but charting is divergent so the jury is out.

Per recent, “And there are the really important long term chart MA indicators that are not bearish the $DXY that should be in mind.”

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

Per recent,” $GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon so I will watch for a pull-back (my personal bias but I do know there is a significant possibility my bias is wrong and if so I will really hammer down on the move through resistance long if it occurs – AND I’ll be ready for the small and micro caps that would likely light fight in that scenario)”.

Per recent, “Gold struggled at the second last resistance decision (at the algorithms symmetry extension on Rosie the Gold Algo charts – yellow line) and came off. And then when it failed the diagonal Fib based algorithm trendline (white dotted on Rosie’s charts) I took my trade in $JDST. In overnight trading this hasn’t been regained so there are 3 important resistance levels in Gold on our algorithm has before our algo considers the uptrend continued – so I will watch. Also of consideration for this trade is the announcement from Trump and Japan’s Abe expected Friday at 1:00 EST.”

So on Friday Gold jumped around like the $DXY US Dollar and $USDJPY. My guess is Sunday night trade or Monday trade will tell us a lot in the Dollar.

Silver $SLV:

Silver is trading much Gold in that it is near resistance and seems to be awaiting decisions or market reaction to Trump / Abe weekend and $USDJPY.

Crude Oil $USOIL $WTI:

Crude oil is trading very aggressive but completed the day right under the resistance Epic the Oil Algo has identified as key for many weeks. I suspect traders are awaiting OPEC meeting news and Trump and Abe weekend news bits before committing. 

Per recent, “$OIL was broke and it magically repaired and is back in its multi-week range – trade the range until really broke.” On Thursday oil continued to trade within the sideways range it has been in for weeks – so yes, magically repaired chart. I believe there was evidence Wed and Thur of how our markets are “managed” – even oil.

Per recent, “There are OPEC meetings this weekend so that is in the mix also.”

Volatility $VIX:

$VIX is still near dead – records are being set and/or are near being set daily.

$SPY S&P 500:

So $SPY did break out Thursday – our algo did predict this before the election so that wasn’t a big surprise but the interesting thing to myself and some of the traders in our membership was that price action hit the symmetry extension to the high side our algo Freedom the $SPY Algo had charted perfectly. Trade also continued Friday predictably in our modeling. So our fifth of six algos is starting to hit consistently also.

Per recent, “$SPY continues in its range but I will be looking for a break to higher (my personal bias)”. $SPY did break out on Thursday as expected so I am studying opportunity.

Momentum Trades:

Momentum trades on Friday I found to be with-out follow through volume (as did other traders in the room and many others I communicate with in the community).

Per recent, “Still playing morning momos but the last 15 sessions follow-through momo (where I bank) has been difficult because volume goes poof”. This still the case but this morning premarket was a bit stronger but follow through wasn’t great (even though it was better).

Swing Trading:

The swing trading side just continues to do exceptionally well off the calls. Here’s one example of the many in the current pipeline:

$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017

Swing, Trading, Results, Newsletter
$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017

Per recent, “Swing trading – continuing to bank on that side of our platform and don’t expect that to slow down in 2017 (until a change in market conditions of course)”. And of course this only got better today for our swing traders with $SPY break-out and related equities. There are a host of stocks in the service being traded such as $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK and more.

Weekend Webinars (Member and General Public):

Webinars are a chance to review (for existing members and the general public interested in how our services and charting works) all of our algorithmic stock chart modeling, swing trading and what we do in our trading room. It will be as good for me as it will be for attendees because it will be a refresh of all the charting and a good way to get ready for next week’s trading. Follow our Compound Trading Twitter feed for schedule / updates (each are 30 minutes starting at 2:00 PM Sunday and cover our six algorithms, trading room, and swing trading). Visit the Compound Trading website and click on the trading room link on the home page for admittance.

Earnings:

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

Announcements in Compound Trading Chat Room:

09:26 am Curtis M : Watch $BIOC $SHLD $GENE $BLPH $AMDA morning momo watch

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

08:17 am Flash G : Morning !
08:19 am Sandy S : mornin flash
08:30 am MarketMaven M : hey i c curt didnt dump $JDST
08:31 am MarketMaven M : gonna give me lip about that 🙂 zeeeez
08:31 am GReg L : haha
08:34 am MarketMaven M : decent scalps in pre here
08:35 am MarketMaven M : $SNOA for ex worked
09:08 am OILK K : USD gonna go nuts soon I think up up up
09:08 am MarketMaven M : meh
09:17 am MarketMaven M : OILK ? no mojo left in it or it will wait for ABE!
09:23 am OILK K : there it is mm
09:23 am MarketMaven M : there it went
09:25 am Mathew Waterfall : gold, usd, and usd/jpy all coming into important levels here. I may actually give $JNUG a try as we are very close to support and would be a quick out if it keeps falling. On;y thing on my radar so far today
09:26 am Curtis M : Watch $BIOC $SHLD $GENE $BLPH $AMDA morning momo watch
09:30 am Mathew Waterfall : $UAA add. into the gap here, assuming it can remain I will add that is wil watch for a second
09:31 am OILQ K : Long $SHLD
09:31 am OILQ K : whtf
09:32 am MarketMaven M : l $BIOC hammeerrr
09:35 am Mathew Waterfall : $UAA couldn’t hold in the gap. 22.16 level Im watching for solidly over and add. I think it’ll get there sooner or later
09:35 am MAck M : $BLPH
09:39 am Mathew Waterfall : Out my $RGSE flat BTW. not worth the management currenly
09:39 am Curtis M : $KBSF 100%
09:43 am GReg L : $DXY curling back up
09:47 am MarketMaven M : Add $XOM
09:48 am Mathew Waterfall : $JNUG first trim from day trade entered earlier. Will take the quic and easy profits here. Still in half
09:50 am MAck M : Long $GENE for a day swipe
09:51 am Mathew Waterfall : $TRQ monster today. Will likely trim some there as well. Lightening up a bit as I usually do. Still in $TRQ 3/4ths
09:53 am Cara R : $IMMU $MDGS on watch here
09:54 am Mathew Waterfall : Did pick up a bi tmore $ASM here thoughl Like I’ve said I like Silver long term, may sit on most of that position for a long while
09:55 am Davd Z : $GENE good spike good call
10:01 am Mathew Waterfall : Trailer put on the rest of my $JNUG. Dont need to overplay this position as it’s not my only in the space. Gold does look angry today though
10:08 am MarketMaven M : out $GENE small daytrade
10:10 am Sandy S : $DRAM soike
10:14 am GReg L : Trying $AMDA for a quck one
10:26 am Mathew Waterfall : On the mic
10:27 am OILK K : hey mat good trades tehre
10:27 am MarketMaven M : yup ewe hear
10:28 am MAck M : My husband doesnt
10:30 am MarketMaven M : Your husband Macenzie 🙂 its select hearing
10:31 am OILQ K : Long $JDST test
10:31 am OILQ K : Women Geesh Mack u and MM bad
10:33 am GReg L : Trump thing will be good rading
10:34 am Mathew Waterfall : I hate binary events like that but it should get some action flowing. I just look forward to the entertainment factor lol
10:35 am OILK K : I think there wa sjust like a 3 min delay in the room from Mats voice to get to me something happened there
10:36 am Mathew Waterfall : Weird. The input screen on my end seemed to be tracking. Did you get the majority of it?
10:37 am Curtis M : y athere wa s adelay for some reason correct
10:40 am Curtis M : y a t all came through just really delayed lol
10:40 am MAck M : I thought that was woerd too
10:40 am Mathew Waterfall : Funny. Maybe I’ve opened up a time travel window
10:41 am MAck M : ha
10:42 am Mathew Waterfall : If I figure it out I’ll let you guys know. We’ll own those twitter scalpers haha
10:43 am Curtis M : I think its sorting now cause text was delayed too
10:46 am Mathew Waterfall : i have that happen every once in a while. I’ll push enter on a message and it’ll take a bit to post
10:46 am MarketMaven M : seems better now\
10:49 am Mathew Waterfall : Break time, back in a few
10:55 am Jack D : $PLUG momo
11:01 am Trent P : Prob sit and wait for trump now
11:02 am Shafique M : Hope it brings a decent aftrnoon:)
11:02 am Shafique M : Study time for me
11:10 am Edward Johansson : Hi guys, got the pre-market report email
11:10 am Edward Johansson : but the password doesn’t work
11:12 am Curtis M : ok we will resend
11:12 am Curtis M : sorry there is a delay in chat this mrning techs are working on t
11:12 am Edward Johansson : ok, thanks
11:13 am Edward Johansson : will log off for now and await the email – thanks
11:13 am John M : ya I had that prblem the date wasnt in it it is PREMARKET0210PREM
11:16 am OILQ K : sassy marketmaven gave it to us – smart one
11:17 am MarketMaven M : pretty quiet now
11:27 am Mathew Waterfall : Did a quick scan and review, not much pulling at me here. The set ups have to be pretty solid for me to trade intra day momo thus me usually staying away. Eyeing $NAK though showing strength after the downgrasde talk yesterday
11:28 am Curtis M : Got stopped flat JDST on break
11:31 am Jeff G : Curt, did you get stopped while we were on lunch?
11:31 am Curtis M : Ya just chaos wth other stuff lol but ya thanks for the coffee
11:32 am Jeff G : no prob I sold too 3 cent loss
11:33 am Jeff G : but trump announcement with Gold and OIl too should be interesting trading
11:33 am Mathew Waterfall : $NAk through res should go. $GVZ mentioned earlier on the mic up nicely as well
11:34 am Curtis M : nice play Mat back in 5
11:35 am Mathew Waterfall : $TLT also wanting to go r/g
11:37 am Curtis M : back wow never thought this would be that much work 🙂 keeping me young
11:38 am Jeff G : ya you were busy there:) lets settle in and get some here
11:39 am Curtis M : 10 4 follow Mat he and crew on a heater – good traders in here
11:40 am Jeff G : okay well lets settle in and get em
11:40 am Mathew Waterfall : Don’t jynx me! Playing this next leg pretty cautious should clear up after trump this afternoon
11:40 am Curtis M : Mat Jeff’s a shart fyi Jeff met Mat
11:40 am Curtis M : shark lol
11:41 am Mathew Waterfall : lol that makes more sense
11:41 am Mathew Waterfall : My typos are rubbing off
11:41 am Curtis M : ok ready
11:41 am Jeff G : whats on the hot list?
11:42 am Curtis M : me – UWT DWT JNUG JDST and the ones we could run maybe are AMDA GENE BLPH
11:43 am Curtis M : <at has a god list too
11:43 am Curtis M : Mat
11:43 am Jeff G : ok lets do this – Ill bring em up
11:43 am Jeff G : Trump 1:00 Eastern correct?
11:43 am Mathew Waterfall : I’m looking at miners(duh) and some small cap oil. $NE, $SDRL, $BCEI in particular. Looking at options plays
11:44 am Mathew Waterfall : Yes I believe 1 est
11:44 am Jeff G : ready, I like the oil micro small play idea if oil breaks ceiling here
11:45 am Jeff G : also, we could run that AMDA up to 50 in a heartbeat if we want later
11:45 am Mathew Waterfall : Yepp watching oil and some of the larger names to confirm upside
11:47 am Jeff G : $JDST really came off relative – that’s a gift if they’re on wrong side and that $AMDA theres guys in there that will run it fyi
11:48 am Jeff G : At 1 it should be who is offside
11:48 am Mathew Waterfall : I’m in $AMDA from earlier this week so pump away lol
11:49 am Jeff G : I wasn’t thinking pump… just know the guys that are in there they’ll run it or drop it – I betcha they run it today or Monday at latest
11:50 am Jeff G : I just search the ticker on Twitter and guys I know ya know kind of thing.
11:51 am Jeff G : I dont pump and advertise and tweet or anything, just buy or sell heavy
11:51 am Curtis M : heavy lol duty
11:51 am Mathew Waterfall : I know I was being scarcastic. It’s a good play for me with that low so close. Either it gets some lift or Im stopped
11:51 am Jeff G : whats your cost basis?
11:52 am Mathew Waterfall : .38x
11:52 am Mathew Waterfall : Stop under that low at .35
11:52 am Jeff G : nice it looks like a 50 – 60 to me guessing where they’re in at based on chart
11:53 am Jeff G : $JDST just got buy side flow
11:53 am Mathew Waterfall : I’m playing for a gap fill but that may be optimistic
11:53 am Jeff G : Might happen
11:54 am Sartaj Hundal : Welcome to our new subscribers
11:55 am MarketMaven M : Thanks
11:55 am Mathew Waterfall : Maybe it runs back to its ATH at 140 lol wouldn’t that be grand. Impossible IMO
11:55 am OILK K : sassy
11:55 am Jeff G : 210!
11:55 am Jeff G : $DRYS $LEI etc
11:56 am Curtis M : Hey Sartaj hope all is well
11:56 am Sartaj Hundal : Are you taking a lunch break in a few, Curt?
11:56 am Mathew Waterfall : hey even better. New house money as Curt would say if that happens
11:56 am Curtis M : omg I can take 3 mins now lol
11:57 am Jeff G : Curt and his down a house up a house hahahahahaha
11:59 am Curtis M : back
12:00 pm Curtis M : $JDST flat
12:07 pm Mathew Waterfall : /ZB getting real jiggy. Bonds looking like they want to blast off
12:08 pm MarketMaven M : c that
12:10 pm Mathew Waterfall : 152’15 is the launch pad. Over that things get going in a hurry
12:12 pm Jeff G : could b a lot of chop in the waves here hopefully the fish keep it safe
12:12 pm Curtis M : lol actually…
12:12 pm Curtis M : room full of full grown I think
12:13 pm Curtis M : good crew we haven’t got the kids not sure why
12:13 pm Curtis M : guru gets em
12:13 pm Jeff G : ya i read the transcripts good job
12:13 pm Jeff G : ok so I like your lists
12:14 pm Mathew Waterfall : Assuming we stay status quo for the rest of the day, no +/- 1000 TICKs all week. zzzzzz
12:15 pm MarketMaven M : abe and trump are spending weekend together 🙂
12:15 pm MarketMaven M : or at least tonight
12:16 pm Mathew Waterfall : O man so many ways I could take that hahaha
12:16 pm MarketMaven M : They are happy happy so what does each get from the deal? We need to figure that out and we will know what announcement is then nbefore.
12:16 pm MarketMaven M : haha
12:17 pm MarketMaven M : Lets spend the night together… now I need you more than ever… hehe
12:17 pm Mathew Waterfall : Next thing we know there’s rumors of another video
12:17 pm MarketMaven M : Abe needs low currency for economy
12:17 pm Jeff G : tough image
12:18 pm Mathew Waterfall : We need Japan to keep buyign our debt. We don’t really have a ton of leverage on that front but Trump doesn’t seen to care about that
12:18 pm Mathew Waterfall : My guess is Trump spins it more about new jobs in the US then currency. Something like they are working together to grow jops on both sides of the pacific together
12:19 pm Jeff G : But does the dollar go up or down?
12:19 pm MarketMaven M : They have to address currency or USD flies
12:19 pm Mathew Waterfall : I think they don’t ay anything about it which is what makes me nervous
12:20 pm MarketMaven M : if they say nothing it flies imo
12:20 pm Curtis M : good chat
12:20 pm Mathew Waterfall : Yepp agreed.
12:21 pm Davd Z : I think they try and keep currency right where it is. Not sure how.
12:22 pm Mathew Waterfall : Long term USD wants to go down, IMO
12:23 pm Jeff G : $BLPH slithering to 80
12:24 pm Mathew Waterfall : $DUST large put buyers on the board
12:24 pm Jeff G : going to be fun
12:26 pm Jeff G : i thought you were nuts when you posted that SPY chart but hats off
12:26 pm Davd Z : lol
12:26 pm Davd Z : me too
12:26 pm Curtis M : thanks for the confidence lol
12:27 pm Jeff G : good call though
12:27 pm Jeff G : u play it?
12:27 pm Curtis M : no
12:27 pm Curtis M : better at models lol
12:28 pm Jeff G : truest statement today
12:28 pm Jeff G : dollar likely to rally and dive next week – but look at oil – its like they no something
12:28 pm Mathew Waterfall : $TGB flying today, Nich’s call out earlier in the week up yuge
12:29 pm Jeff G : i heard about nich where is he?
12:29 pm Curtis M : not sure
12:38 pm Mathew Waterfall : /zb just put in a really weird move. Don’t see that often still watching for $TLT positions but not doing much after seeing that big break
12:39 pm Curtis M : $VIX down 2.48% 10.6
12:39 pm Curtis M : $VIX LOD
12:39 pm Curtis M : $TVIX LOD
12:40 pm Mathew Waterfall : Might be time for a $TVIX weekend play
12:40 pm Curtis M : interesting times
12:44 pm Mathew Waterfall : will wiat for press conference, I assume things will go higher as usual on any kind of news
12:44 pm Curtis M : yup
12:54 pm Jeff G : testers in $AMDA see how it goes
12:58 pm Mathew Waterfall : I would add if it can get into that gap on $AMDA
12:58 pm MarketMaven M : $DXY r gr
01:00 pm Jeff G : gollar lifting
01:04 pm Mathew Waterfall : Waiting on Trump and Abe get to the mic please
01:11 pm Mathew Waterfall : Trump on the mic
01:12 pm Mathew Waterfall : trump; free, fair, recipricol trade relationship. IE stop screwing us
01:12 pm Mathew Waterfall : wow not even close on spelling there lol
01:12 pm Shafique M : haha
01:13 pm Flash G : VIX calm
01:15 pm Mathew Waterfall : Abe talking about abe lincoln. ok then
01:16 pm Davd Z : Thanks Mathew I am wihout TV here
01:16 pm Davd Z : In office
01:17 pm Davd Z : Listening to sales pitches
01:17 pm Mathew Waterfall : Abe now tlaking about highspeed trains
01:17 pm Mathew Waterfall : lol this guy really is crazy
01:17 pm Mathew Waterfall : Talking about jobs and the partnership between JPN and US. Nothing crazy
01:18 pm Mathew Waterfall : Abe also uses the word fair, or his translater does anyway. slamming state owned companies, throwing shade at china
01:19 pm Mathew Waterfall : wow, really going after China. That’s going to make them happy Im sure lol
01:21 pm Mathew Waterfall : Now talking terrorism directly after tlaking about US armed forces in asian pacific and mention without name of south china sea conflict
01:21 pm Mathew Waterfall : This is more like it!
01:23 pm Mathew Waterfall : Now abe saying his gold game isn’t up to Trumps standard, but his policies always aim for the cup hahaha awesome
01:29 pm Mathew Waterfall : Questions so far lame. Trump asked about the travel abn, Abe and TPP pull out.
01:29 pm Shafique M : $SINA flow
01:34 pm Ted E : $VIX internals near sleep mode
01:36 pm Mathew Waterfall : Finally talks currency. says he wants a level playing field
01:36 pm Mathew Waterfall : trump that is
01:36 pm Mathew Waterfall : again uses fair. What we’ve all been waiting for
01:39 pm Mathew Waterfall : Well got a little action but not much. Cool with me
01:39 pm Mathew Waterfall : Just bought a little TVIX for the weekend. Will ditch if it slips too far
01:39 pm Ted E : wow
01:42 pm Jeff G : ghost town market
01:45 pm Mathew Waterfall : Yepp, more grinding it appears
01:45 pm MarketMaven M : $DXY moving
01:54 pm Curtis M : no herds
01:55 pm Mathew Waterfall : Man, these momo plays have been THIN this week. Traders i talk to either getting chopped up or tradsing super small. tough market
01:59 pm Curtis M : $VIX 10.9
02:01 pm Mathew Waterfall : $TVIX not moving for me, no one buying. If and when we ever get a correction, it will be fought tooth and nail by BTFD’ers until it’s too late making it accelerate into the hole
02:01 pm Curtis M : yup
02:01 pm Mathew Waterfall : To be clear, I don’t think that is coming today or anything, but we have the perfect storm brewing if we ever get there
02:01 pm Curtis M : yup
02:02 pm Mathew Waterfall : But $TVIX is cheap and I like a reason to stay up at night wondering how my positions will gap so I buy some lol
02:03 pm Jeff G : funny
02:03 pm MarketMaven M : i do that
02:03 pm Mathew Waterfall : Keeps us sharp I figure. Or that’s what I tell myself
02:03 pm Curtis M : lol
02:09 pm Mathew Waterfall : $NAK first trim. +5% from original entry this morning. somehow got out at 3.22 there form 3.07
02:13 pm Curtis M : $DXY its fair:)
02:14 pm Jeff G : might get rippy curt
02:24 pm Cara R : $PLUG again
02:26 pm Mathew Waterfall : Trailer on the rest of the $NAK position. Doesn’t look like Im going to do much else today
02:26 pm MAck M : Friday too
02:28 pm Mathew Waterfall : Yepp cuper light week, Friday afteroon. Recipe for a lul but every once in a while these boring afternoons get crazy so you never know
02:28 pm Jeff G : true that
02:29 pm Jeff G : north korea maybe?
02:31 pm Mathew Waterfall : O man ole Kim over there is probably about ready to fly to DC to meet with Trump any minute
02:31 pm Cara R : $GEBNE
02:32 pm Curtis M : y abeat me to it
02:41 pm Cara R : I like $AMDA $DWT for weekend swing so I will enter before close.
02:42 pm Cara R : The OPEC thing is sell the news.
02:43 pm Mathew Waterfall : I want to see who is actually in complaince. I read it’s 69% which makes me wonder if that means 69% of the members are complying or if they are twisting overall production figures and saying they are within 69% of the goal or something
02:43 pm Curtis M : OPEC a difficult call.
02:44 pm Curtis M : You’re likely right Cara but I have to sit out
02:44 pm Mathew Waterfall : I’m not trading it either. Want to see it break the range one way or another
03:04 pm Curtis M : thesis: Abe has his time with Trump and when Sunday night comes boom
03:06 pm Mathew Waterfall : What do you think he will signal to the market? Tell Kuroda that they need to ramp jpy as much as possible before the jig is up?
03:07 pm Curtis M : ramp to the moon
03:07 pm Curtis M : just a theory
03:07 pm Curtis M : not a great thesis
03:07 pm Mathew Waterfall : Bold move on their part
03:07 pm Curtis M : theyre all nuts
03:08 pm Curtis M : server crashed lol sorry
03:08 pm Mathew Waterfall : Now that I don’t disagree with. they’re crazy the whole lot of them
03:08 pm Nick I : yup
03:09 pm Curtis M : theroies
03:09 pm Curtis M : half of ya are on one side and othe r on other side of partition now – see same screen tho… servers lol
03:09 pm Nicholas Winton : greets all 🙂
03:10 pm Curtis M : hey nich
03:10 pm Nicholas Winton : I see you were talking $NAK and $GENE
03:10 pm Nicholas Winton : don’t forget $TGB
03:10 pm Nicholas Winton : for copper
03:10 pm Mathew Waterfall : $NAK smoke show for me today
03:11 pm Mathew Waterfall : I posted $TGB and referenced you with it lol I didn’t play it but it’s up bigly
03:11 pm Nicholas Winton : yep- i mentioned it bottomed at 50c in 2008 crash
03:11 pm Nicholas Winton : and then rebounded to $7 in under 2 years
03:11 pm Nicholas Winton : as copper rose
03:13 pm Nicholas Winton : CPO.V for Canadian traders has been a beast- cobalt stock
03:13 pm Curtis M : $JNUG HOD
03:13 pm Mathew Waterfall : I’m also in $TRQ which should get some lift as well
03:14 pm Nicholas Winton : agree Mat on $TRQ! btw just got home- any news on $PLUG?
03:16 pm Curtis M : THats it
03:33 pm Mathew Waterfall : First large $GDX call sweeps seen all day. Finally big money getting back behind the move
03:38 pm Jeff G : theyre in there
03:44 pm MarketMaven M : $PTCO dunked bad
03:45 pm OILK K : Closing out week with an entry in ….
03:45 pm OILK K : $TWTR!!!
03:46 pm Curtis M : low price
03:46 pm Mathew Waterfall : Long? Goodluck
03:47 pm MarketMaven M : Make Twitter Great AGain
03:47 pm OILK K : Haha have a great weekend folks!
03:48 pm Nicholas Winton : ciao guys and go TWTR
03:48 pm Nicholas Winton : ha
03:48 pm Nicholas Winton : Trump will save Twitter
03:48 pm MarketMaven M : exactly tremendously yuge
03:48 pm Nicholas Winton : TWTR is like the enquirer with all its Trump leaks
03:48 pm Nicholas Winton : lol
03:48 pm MarketMaven M : ya
03:48 pm Nicholas Winton : except unlike Enquirer probably all true
03:48 pm Nicholas Winton : ha
03:49 pm MarketMaven M : plug!
03:49 pm MarketMaven M : short covering
03:51 pm MarketMaven M : whoa
03:52 pm MarketMaven M : on that note have a good one – later craters
03:52 pm Mathew Waterfall : Hope it works for ya and there’s a nice bottom to use there.
03:53 pm Mathew Waterfall : Have a good weekend all!
03:53 pm OILQ K : bye
03:53 pm Curtis M : cya guys
03:53 pm Nicholas Winton : someone pulled the plug on the shorts
03:53 pm Jeff G : I’ll say
03:54 pm Nicholas Winton : small stocks= big profits long in this bubble phase
03:54 pm Jeff G : looks like the momo top pick for monday
03:55 pm Mathew Waterfall : $nak continuation as well. Love that
03:56 pm Jeff G : $NAK a great play
03:57 pm Mathew Waterfall : $ASM also trying to close on highs
04:00 pm OILQ K : PLUG POWER!
04:00 pm OILQ K : Buy guys
04:00 pm Mathew Waterfall : hope you had a good week. See ya later
04:00 pm Curtis M : later peeps

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $JDST, $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $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 10 $SHLD, $INFN, $BIOC, $DXY, $USOIL, $JDST, $JNUG

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

Stock Trading Plan for Friday Feb 10, 2017 in Trading Chat room. $SHLD, $INFN, $BIOC – $JDST, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO – 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!

Notices:

Details You May Want to Review in Post Market Trading Report:

https://twitter.com/CompoundTrading/status/829990894032003073

Public Webinar Schedule:

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

Do Not Miss This Update!

It’s a good idea to refresh your chart outlook and keep it simple sometimes!

Current Holds / Trading Plan:

$JDST, $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

Oil, Gold and the VIX are high on my watch list. 

General Market Outlook:

US Dollar Index $DXY got a kick up as expected but Trump and Abe have an announcement today at 1:00. The Gold trade is holding up well considering IMO. Oil chart has repaired itself magically and it is near important resistance – with OPEC meetings I would use caution. $SPY got a kick up as expected and targets are being hit there now by our $SPY algorithm chart modeling. $VIX is dead as expected but I am watching. And Silver I see similar to Gold but a tad stronger mid term. 

Morning Momo / News and Social Bits:

Momo Watch:  $SHLD, $INFN, $BIOC – Gold, the US Dollar and Oil related on high watch!

Big Week. #Earnings $NVDA $TWTR $GILD $DIS $TWLO $GM $ATVI $CLF $BP $CVS $ONVO $TSN $NWL $SKX $HAS $KO $WLTW $AGN $SYY $AXTA

8:30
Import/ Export Prices

10am
Consumer Sentiment

1pm
BH Rig Count

$FLR +3.3% premarket after issuing upbeat Q4 earnings guidance

Freeport +4% as Indonesia reportedly issues new mining permit $FCX.

Jefferies pulls Underperform rating on Ford http://seekingalpha.com/news/3242501-jefferies-pulls-underperform-rating-ford?source=feed_f … #premarket $F

Jack in the Box shares up 1.8% in Friday premarket trading

Evergreen? Sears shares soar premarket amid restructuring aimed to save $1 bln.

CNNMoney: Premarket:
– Trump speaks with Asia
– Stocks at record highs
– Oil prices pop http://cnnmon.ie/2kaxIWI

$ICPT down 12% premarket as investors await imminent trial update on NASH

$ATVI +10.62% An awesome move premarket after their ER however keep in mind much resistance at its all time high of $45.55.

#Twitter downgraded from hold to sell at Loop Capital.
Price target cut from $16 to $10.
$TWTR -2.13% at 16.06 premarket

$SHLD going insane on upside in premarket.

Fluor guides Q4 earnings above consensus, shares +3.3% premarket

OPEC Oil Supply Fell in January Led by Saudi, Iraq, U.A.E.: IEA

Oil Jumps as IEA Sees Record OPEC Cuts Compliance, Rising Demand

#opec beats #oil output cut expectations

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: $SHLD 40%, $INFN 14%, $BIOC 14% $ATVI $BIOL $SKX $SWIR $IMMU $ICPT $DGAZ $WRN $OCUL $SDRL $PLX $MJN $FCX $MT $NVDA

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

(2) Pre-market Decliners Watch-List: $SHLD $CTRL $INFN $SWIR and $ATVI 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: $SHLD, $INFN, $BIOC –  $VRX, $SSH, $ASM, $CBMX, $JUNO, $DUST, $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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Stock Trading Results Thur Feb 9 $JDST, $JAGX, $SKYS – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY

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

Review of my Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb , 2017; $JDST, $JAGX, $SKYS – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $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.

Text highlighted in red below is new to today’s commentary.

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:

Public Webinar Schedule: Tomorrow!

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

New article on our blog: Keep it simple charting (amazing how you make consistent and predictable returns trading the simplicity of some charts).

https://twitter.com/CompoundTrading/status/829305114091483140

New article on our blog:

Per previous;

Trading Room News Memo – There is a new member memo out that updates our members on trading room news and upcoming events. It also discusses our upcoming announcement of weekly webinars for existing members that wish to use our work in a more in depth manner and prospective members that would like to understand more about what we do. These webinars will be weekly for all six algorithmic charting models, our swing trading service and our trade room – each being 30 minutes in length. You will find the memo here:

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

Of course Mathew and the crew in the room continue killing it – awesome.

Day started with one of our traders alerting in early premarket $JAGX and just nailed it perfect – huge gains of up to 70% for some. 

My morning momo (small) was a small loss and then later in the day I started to leg in to a $JDST trade (explanation below).

Swing trading members just got better today of course with the market action!

Trading, Results, Market, $JDST, Swing
$JDST Exciting last few minutes.
Premarket, Stocks, Trading, Plan, $JAGX
$JAGX Premarket Win for Flash G 71

Per previous;

I’m still on the wrong side of that Gold / Miners / Silver trade and I have absolutely no excuse because I knew months in advance the bottom call from Rosie the Gold Algo and SuperNova Silver Algo – and I even doubled down on $DUST the other day. HOWEVER, Gold does have two very significant hurdles coming overhead that have low probabilities (as far as math is concerned) of price action clearing (with-out a pull back) – unless of course geopolitical reasons / sentiment change that.

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

Ticker Last Change Volume Signal
AQMS 16.16 41.63% 3516955 Top Gainers
SKYS 2.53 41.21% 9018631 Top Gainers
BIOC 2.19 29.59% 17606621 Top Gainers
RXDX 7.35 27.83% 1309584 Top Gainers
BANC 19.75 22.67% 7271076 Top Gainers
ACOR 24.65 20.83% 5265495 Top Gainers
AQMS 16.16 41.63% 3516955 New High
OSUR 10.49 18.53% 4849718 New High
PLSE 7.55 5.30% 19200 New High
TTMI 17.06 9.57% 6723300 New High
WOOF 90.78 0.07% 1370900 Overbought
AAPL 132.42 0.72% 27991000 Overbought
SKYS 2.53 41.21% 9018631 Unusual Volume
MCHX 2.95 16.14% 7069500 Unusual Volume
OLEM 16.55 0.73% 222633 Unusual Volume
SIF 7.30 -4.79% 233219 Unusual Volume
ALV 105.02 1.04% 665300 Upgrades
ACAT 18.56 -0.43% 199600 Earnings Before
USAK 7.98 1.14% 155853 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing) $DUST, $JDST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM

Looking Forward:

I am watching our standards that apply to our algorithmic charting, as follows;

US Dollar $DXY

Yesterday I wrote, “US Dollar $DXY is at important support so I will watch for a bounce (my personal bias)”. Today it did in fact bounce. The algorithmic model had noted a minor divergence as did the classic charting so I took a late day trade in $JDST (going well).

And there are the really important long term chart MA indicators that are not bearish $DXY that should be in mind.

Gold – Gold Miner’s – Silver

Per yesterday,” $GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon so I will watch for a pull-back (my personal bias but I do know there is a significant possibility my bias is wrong and if so I will really hammer down on the move through resistance long if it occurs – AND I’ll be ready for the small and micro caps that would likely light fight in that scenario)”.

Gold struggled at the second last resistance decision (at the algorithms symmetry extension on Rosie the Gold Algo charts – yellow line) and came off. And then when it failed the diagonal Fib based algorithm trendline (white dotted on Rosie’s charts) I took my trade in $JDST. In overnight trading this hasn’t been regained so there are 3 important resistance levels in Gold on our algorithm has before our algo considers the uptrend continued – so I will watch. Also of consideration for this trade is the announcement from Trump and Japan’s Abe expected Friday at 1:00 EST.

Crude Oil

Yesterday. “$OIL was broke and it magically repaired and is back in its multi-week range – trade the range until really broke.” On Thursday oil continued to trade within the sideways range it has been in for weeks – so yes, magically repaired chart. I believe there was evidence Wed and Thur of how our markets are “managed” – even oil.

There are OPEC meetings this weekend so that is in the mic also.

Volatility

$VIX is still near dead – records being set.

$SPY S&P 500

Per yesterday, “$SPY continues in its range but I will be looking for a break to higher (my personal bias)”. $SPY did break out on Thursday as expected so I am studying opportunity.

Per yesterday, “Still playing morning momos but the last 15 sessions follow-through momo (where I bank) has been difficult because volume goes poof”. This still the case but this morning premarket was a bit stronger but follow through wasn’t great (even though it was better).

Swing Trading Newsletter Service:

Per yesterday, “Swing trading – continuing to bank on that side of our platform and don’t expect that to slow down in 2017 (until a change in market conditions of course)”. And of course this only got better today for our swing traders with $SPY break-out and related equities. There are a host of stocks in the service being traded such as $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK and more.

Weekend webinars we are hosting to review all of our algorithmic modeling, swing trading and what we do in our trading room will be as good for me as it will be for attendees because it will be a refresh of all the charting and a good way to get ready for next weeks trading.

Earnings on deck:

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

Announcements in Compound Trading Chat Room:

NA

Compound Trading Stock Chat-room Transcript:

08:24 am Flash G : Curt you should have taken that DM buy alert I sent you on $JAGX this morning up 72%
08:25 am Curtis M : busy busy premarket lol but thanks
08:46 am Flash G : $ETRM news too
09:04 am Flash G : yippee $JAGX may take out high
09:04 am Cara R : exc play flash
09:11 am Flash G : wow so close
09:30 am Cara R : Long $JAGX
09:31 am Cara R : 1.08 sstop 1.01
09:32 am John M : Starter $DWRI
09:32 am John M : $VICL momo too
09:34 am Dawn H : $ETRM scalps look possible
09:35 am Greg L : $BIOC nice!
09:36 am Paul M : Adding to $ANIP for break-out set up
09:37 am Wendy N : $ANIP good pick – good structure
09:39 am Susan S : i agree on $ANIP
09:42 am Curtis M : Long $SKYS 352 small start
09:46 am Nicholas Winton : morning! hoping $GENE gets mean, nearing 50 dma
09:48 am MarketMaven M : $AMZN lolol
09:49 am Nicholas Winton : $ASM holding nicely, my top pick
09:49 am Cara R : $IKGH bottom play
09:49 am Mathew Waterfall : Quiet morning for me. Waiting for these metals and miners to figure themselves out. Miners should play catch up here after early weakness as gold is now putting a nice move in
09:49 am Curtis M : 3.28 out 600
09:53 am Mathew Waterfall : $PLG also hit my mark so I’m now looking to reenter on a pullback if it ever comes. With platinum flying it might not happen for a while
09:56 am Dawn H : $CXRX byeeeee
09:56 am Luisito Ramone : Hi everybody. What’s the idea for oil? is a good time to sell? I’m long 51.5 more or less since closure yesterday …
09:56 am Mathew Waterfall : what just happened with the dollar? Bond auction?
09:58 am Curtis M : decent entry luis nice
09:59 am Luisito Ramone : (52.5 … 51.5 too good to be true …)
10:00 am Curtis M : Sorry guys its really busy in here
10:00 am Curtis M : Getting updates
10:00 am Luisito Ramone : and Matthew: gold still a hold, isn’t it? I’m long 700 NUGT 11.75 …
10:02 am Mathew Waterfall : This spike isn’t great. I’m out of some of my holdings taking profits on the way up
10:02 am Curtis M : Oil I would watch that white dotted line diagonal where price is at – over is long and there;s a fib at 53.03 res
10:07 am Mathew Waterfall : Watching GDX for a double bottom of 5′
10:07 am Curtis M : Hey Nich
10:10 am Nicholas Winton : $URRE worth watching
10:11 am Curtis M : was going to ask you about $GENE – what was your PT?
10:13 am Curtis M : I know many don’t agree with me but the dollar is in a dangerous place – it could rev up
10:13 am Nicholas Winton : it’s a low float bio- if it attracts enough volume it could run to 1.30-1.40
10:13 am Nicholas Winton : or higher
10:13 am Nicholas Winton : looks like finishing a double bototm
10:13 am Curtis M : Rihgt Thanks! I think u told me that
10:14 am Nicholas Winton : had a crazy spike in high 2s a while back
10:14 am Nicholas Winton : they have some interesting cancer tests breast and colorectal
10:15 am Nicholas Winton : volume has dried up and its drifting up, as is RSI
10:17 am Curtis M : That $DXY chart s divergent from downtrend – could reverse easily
10:18 am Curtis M : As far as model is concerned $DXY is mid range n its current quadrant thick pink triangle
10:18 am Nicholas Winton : btw Uranium stocks look good $UEC
10:19 am Nicholas Winton : $UUUU
10:19 am Curtis M : If $DXY gets up over 100.72 and holds that on pull back and gets higher highs etc thats the turn
10:20 am Curtis M : thats what I knw about it 🙂
10:20 am Nicholas Winton : $UUUU also has a copper catalyst- major copper discovery at their most profitable uranium project
10:26 am Curtis M : nteresting how Gold got up to Rosie the Algos symmetry extons (yellow) and has had a challenge – and on that pullback perfect to that fotted diagonal algo fib trendline
10:26 am Curtis M : serious place for Gold
10:36 am Curtis M : Everything I seen in that chat update seems to be rolling along here – this could be a shift fyi
10:36 am Flash G : paying attention hahahaha
10:36 am Flash G : I never reviewed them but i am now
10:37 am Curtis M : If $GDX looses that quadrant to low side – bad sign
10:39 am Curtis M : Gold loses that bottom white arow – bad sign
10:39 am Curtis M : at blue line – thats the quad support
10:40 am Curtis M : $DXY MACD is revved and isn’t far from trend reversal on chart
10:41 am Curtis M : $DXY best upside prior to July is 103.12
10:42 am Curtis M : After July anything possible
10:42 am Curtis M : $SPY is a short when that MACD s at top
10:42 am Curtis M : There;s your update 🙂
10:43 am Curtis M : And $VIX long when the MACD at bottom on that chart
10:43 am Flash G : Thanks Curt just went through them also
10:44 am Greg L : I will come Sat:)
10:44 am MarketMaven M : ya
10:44 am MarketMaven M : thanks
10:44 am Curtis M : np
10:49 am Mathew Waterfall : For some reason the chat isn;t recognizing my mic this morning so you’re just going to have to imagine me talking to you.
10:49 am Mathew Waterfall : Indexes trading higher, dollar obviously getting a huge pop. It’s coming off a bit and I’m watching the 100.49 level near term
10:50 am Curtis M : Ok noo prob you can always reboot too that fixes mine does that but whichever we;re all good
10:50 am Mathew Waterfall : As previsouly discussed I had trimmed down a lot of my positions so I’m not freaking out about this Trump noise
10:51 am Mathew Waterfall : I tried closing and reentering but no luck. I’ll shut everything down when I take a break and see if that works
10:51 am Curtis M : col
10:56 am MarketMaven M : I just went through that one you just brought up for $SPY how do you get the quadrants on your charts?
10:57 am Curtis M : I can detail that Saturday webinar :
10:57 am MarketMaven M : oki
11:03 am Carol B : I thinnk I’m starting to get it
11:03 am Carol B : My $CLF is golden goose
11:04 am Carol B : $TWLO looks good imo
11:04 am Mathew Waterfall : Gonna taje a quick break and restart everything. back in a bit
11:04 am Curtis M : k
11:06 am Carol B : So I’m going to come on Sat Curt because I checked your work – back dates and with what you showed here on these new charts I am starting to get it and your targets and trading quads actually seem to work – so ya, do I need to sign up like before or anything>
11:07 am Curtis M : Nope just sign in like in room
11:07 am Carol B : k
11:07 am Carol B : ez
11:08 am Curtis M : oil is following that dotted fib algo line down
11:09 am Curtis M : so far
11:09 am Curtis M : whit edotted
11:09 am Curtis M : we’ll see
11:10 am Curtis M : I knew $SPY would take off you just have to watch that MACD
11:17 am Curtis M : On the phone for 10 mins
11:17 am MarketMaven M : Thinking of adding to my $GS
11:18 am MarketMaven M : $GOOGL too I may add
11:20 am Nicholas Winton : uranium price tracking stock U.TO at 2017 highs
11:20 am Nicholas Winton : $UEC at highs
11:26 am MarketMaven M : uranium has been on my list to study
11:26 am MarketMaven M : have to get on that
11:27 am Nicholas Winton : $UEC is a massively leveraged U stock
11:27 am Nicholas Winton : 12 insiders bought in the last year
11:27 am Lenny E : wndering what a stronger dollar would do to uranium?
11:28 am Lenny E : $UEC I checkd out and it looks solid
11:28 am Nick I : I dont think USD getting higher or much hgher
11:29 am Nick I : Awesome win this morning Flash! powya
11:30 am Flash G : Anyone holding $TRCH other than Curt?
11:30 am Flash G : Thanks btw
11:30 am Eric L : I think Mathew might
11:33 am Flash G : $TRCH is one I’m looking at thats why I asekd
11:34 am Curtis M : Sartaj too bad you mised Mathew – he’s out for a bit – how r ya?
11:34 am Sartaj Hundal : Not bad, nice to be over the jetlag
11:35 am Curtis M : oooo dollar getting seroius again
11:35 am Curtis M : meet at 3 today corretc?
11:35 am Sartaj Hundal : Yes, 3 PM. I’ll send you the address after market closes
11:35 am Curtis M : kk
11:44 am Mathew Waterfall : Alright back in action hopefully with a working system on my side
11:44 am Curtis M : nice
11:44 am Nicholas Winton : i like $TRCH
11:46 am Curtis M : y a should be good one – that came from your recomendation no? I’m sure it did
11:46 am Mathew Waterfall : $UAA hit my first add spot. I’m going to let this think keep moving and move the stop up a bit
11:46 am Curtis M : nice
11:47 am Curtis M : $DXY not likely to run until overniht if it does at all or early tomorrow if t does
11:50 am Mathew Waterfall : A run on DXY up tinto the 101.5 area would build out the right should. i’ve had one drawn in much closer to the head for the last 2-3 weeks but that move would also make sense
11:51 am Nicholas Winton : $CPO.V monster volume cobalt stock
11:51 am Mathew Waterfall : $UAA calls from earlier in the week now over a double. Not a bad place to trim so I may lighten up a bit. Still will hold commons
11:51 am Curtis M : nice
11:52 am Mathew Waterfall : Sold a few at .51 from .22 entry to make some room
11:58 am Cara R : $CVM on the moce
11:58 am Cara R : move
11:59 am Mathew Waterfall : In a few $TLT apr 127c’s here on this pullback. Starting the position on top of the mar 126’s
12:00 pm Cara R : Killin it as C say
12:03 pm MarketMaven M : $SDRL fresh atmostphere 🙂 at high
12:05 pm Curtis M : Respectable 8% $SDRL
12:07 pm MarketMaven M : $EXEL sweepers! and more sweepers!
12:10 pm Flash G : Eyes on $AMDA momo
12:17 pm Sandy S : Lunch b4 afternoon rockets and bombs
12:17 pm Flash G : good idea
12:30 pm Nicholas Winton : $AMDA looks interesting
12:31 pm Nicholas Winton : if we get a large mania move over the next month like i think we might- these kind of small spec stocks could soar
12:32 pm Nicholas Winton : okay very interesting- Curtis can you put up a chart of $IWC when you get a chance
12:33 pm Nicholas Winton : it’s an Index that tracks microcap stocks in the US across a number of sectors
12:33 pm Mathew Waterfall : $NAK rumors of downgrade
12:34 pm Nicholas Winton : $IWC it’s telling me we are close to another big rally in microcap stocks
12:34 pm Carol B : $AMDA may really fly
12:36 pm Nicholas Winton : any AMDA news?
12:37 pm Flash G : same pumpers
12:38 pm Nicholas Winton : lol
12:38 pm Sandy S : ya sure
12:40 pm Mathew Waterfall : $AMDA hasn’t really been able to recover after the recent offering was announced. It was at .51 so that’s a big level to get up and over
12:40 pm Sandy S : sorry carol that went out to everyone
12:40 pm Mathew Waterfall : I just picked up some $PLG. Small. Not sure this downdraft is over but wanted a reenter on a dip and this is certianly that
12:43 pm Mathew Waterfall : $ENG getting some lift here
12:45 pm Nicholas Winton : the combo of SPY breaking out and IWC nearing a breakout should have speculators and traders excited
12:46 pm Nicholas Winton : IMHO 🙂
12:46 pm Carol B : for sure
12:46 pm Carol B : np btw sandra
12:48 pm Flash G : $CLRB well over VWAP but up 7% like it
12:49 pm Paul M : micro etf and small miners et should be biggest winner 2017
12:50 pm Lenny E : $DRAM rpms
12:53 pm Flash G : $ENG goof pic Mathew
12:53 pm Flash G : alert
12:53 pm Flash G : $SSH action Curt
12:53 pm Mathew Waterfall : In $ENG small, add if it hits the 9 day on the 5
12:59 pm Flash G : $CLRB break out now 10%
01:06 pm Mathew Waterfall : I’m a $THM buyer right here. Will hold this and $PPP position long term. Accumulating shares in each on weakness
01:07 pm Mathew Waterfall : Nothing else really excites me yet in the miners outside of noted $PLG small buy
01:07 pm Mathew Waterfall : I’m talking new positons. I’m sitting in the names I already have
01:13 pm Curtis M : $DXY HOD
01:14 pm Mathew Waterfall : Solid bond auction but fed speaker talking up hikes. Still floating around looking for either 101.5 test of 99 handle for my next moves
01:19 pm Carol B : $BIOC on
01:24 pm Mathew Waterfall : Small cap oil and drillers seeing a ton of action here. I’m not a fan of those plays but some rotation back in to them would make sense. Ran hard in December, took Jan off for the most part. With a greater market rally I could get behind that
01:26 pm MarketMaven M : that sounds about right
01:28 pm Mathew Waterfall : $XOM is what I like to key off of in that space. After if broke through 2 levels of support I haven’t even been eyeing anything in the oil/drillers. $XOM needs to clar 83 then 85 and I would start to get interested
01:29 pm MarketMaven M : yes been wtching it also
01:30 pm Mathew Waterfall : Gold squeeze to the upside would be great right about now. That flush this morning should provide some powder if we can get any lift
01:41 pm Hank A : shooting in paris
01:46 pm Mathew Waterfall : $TLT trying to pick itself up off the mat no pun intended. /ZB looks like it might get some lift so watching for some clues
01:53 pm Nicholas Winton : watching $PPP
01:53 pm Nicholas Winton : looks good
01:55 pm Flash G : Whats the catalyst? A a decent chart
01:56 pm Nicholas Winton : held up well during gold scuffle today
01:56 pm Nicholas Winton : $GENE boom
01:59 pm Mathew Waterfall : $PPP held up well, $GPL, $TRQ did as well
02:01 pm Curtis M : Long $JDST starter
02:03 pm Curtis M : I know risky – tight 1/5 starter size 🙂
02:05 pm MarketMaven M : interesting hehe good luck:)
02:06 pm MarketMaven M : I’m actually looking at $RGSE here cough cough
02:10 pm Nicholas Winton : miners moving up
02:10 pm Mathew Waterfall : Bottom play on $RGSE? close low to play against I suppose
02:11 pm Flash G : $RGSE chart VERY interesting gap fill bottom play nice hand
02:11 pm MarketMaven M : shhhh
02:14 pm Mathew Waterfall : Picked up a few shares to join the party. New lows and I’m likely cutting
02:15 pm MarketMaven M : sshhhh
02:15 pm MarketMaven M : i was window shopping still]
02:16 pm Mathew Waterfall : For me it’s a quick play. Right, or quick cut
02:24 pm Wendy N : take a look at the wheat chart 10/10
02:25 pm MarketMaven M : correcto!
02:25 pm MarketMaven M : nice
02:25 pm MarketMaven M : chart
02:26 pm Mathew Waterfall : wow good ole /zw getting jiggy
02:26 pm Mathew Waterfall : I dont’ trade those futures because I know nothing about them lol
02:27 pm MarketMaven M : jiggy
02:27 pm MarketMaven M : $DXY may find gravity here Curt
02:34 pm Mathew Waterfall : $RGSE on da move
02:36 pm MarketMaven M : i boght
02:37 pm Mathew Waterfall : All your buying got us a nice few cents to the upside. thanks!
02:37 pm MarketMaven M : I know how to shop
02:37 pm Flash G : hehehehe
02:39 pm Wendy N : $SSH a finger twitched on the patient
02:39 pm Curtis M : wha
02:39 pm Curtis M : u’ll c
02:46 pm Nicholas Winton : Curtis, i like $LTBR nuclear fuel maker $5M mkt cap
02:46 pm Nicholas Winton : RSI rising
02:48 pm Nicholas Winton : presenting at conf feb 15th
02:50 pm Curtis M : Guess what I hear…. and it aint gravity….
02:52 pm MarketMaven M : ok what
02:53 pm Curtis M : ….
02:53 pm Curtis M : rocket boosters in the distance rumbling
02:56 pm MarketMaven M : ffff
02:56 pm Mathew Waterfall : DXY lift from here you say?
02:56 pm Curtis M : just playing a little friendly competition lol
02:56 pm Curtis M : who knows
02:57 pm Curtis M : I posted my plan as a gif on twitter just now
02:57 pm Mathew Waterfall : I wouldn’t be shocked. Oversold dollar, overbought metals and miners, some give back on both would seem normal
02:58 pm Mathew Waterfall : That’s what you heard in the distance lol
02:58 pm Curtis M : lol
02:59 pm MarketMaven M : fine dxy looks good for now
03:00 pm Curtis M : your welcome
03:00 pm Curtis M : haha
03:00 pm Curtis M : all in fun I actually like that $RGSE
03:00 pm Curtis M : it has a nature
03:01 pm Curtis M : sorry Nich man stupid distracted today
03:01 pm Nicholas Winton : ha no worries
03:03 pm Curtis M : thesis gold tests 1213
03:03 pm Curtis M : not a big stretch
03:04 pm Mathew Waterfall : 1221 big level on my end for /gc
03:04 pm Curtis M : kinda goes with Mats h and s on dxy
03:05 pm MarketMaven M : so you guys are close
03:06 pm Curtis M : $JDST 13.50 from a 13.02 buy at least i got a hotdog or 2 at 1000 shares bahaha
03:06 pm Curtis M : oh I dont eat meat anymore lol
03:06 pm Mathew Waterfall : Small wins are wins
03:07 pm Mathew Waterfall : They probably make veggie dogs
03:07 pm Curtis M : dxy may not break thru
03:07 pm Mathew Waterfall : DXY needs solidly over that 100.66 res
03:07 pm Curtis M : lol i been rght to source like stupid to the source
03:08 pm Mathew Waterfall : Belwo 100.49 would be much more bearish in my view
03:08 pm Curtis M : $RGSE ha buyers
03:12 pm Hank A : $NFLX add
03:13 pm Bob O : $XLE is top of my stalking list right now.
03:14 pm MarketMaven M : $XLE primed yes
03:16 pm Carol B : Sure glad I stayed out of $TWTR earnings play Jack what a guy
03:18 pm Curtis M : $BIOC not looking great here
03:19 pm Curtis M : $AQMS rockin it
03:21 pm MarketMaven M : It will be all about FANG soon…. like any second and in to next week
03:24 pm Curtis M : Wow $RGSE
03:25 pm Curtis M : momo
03:25 pm Mathew Waterfall : yepp rockets
03:26 pm Curtis M : Divergence in DXY last 12 mins pop or drop soon
03:30 pm MarketMaven M : And $TSLA and a few others – they will take it to the moon and back
03:31 pm Mathew Waterfall : $CLF next week 13c’s at .12 from a run up and over $12 tomorrow
03:39 pm Mathew Waterfall : JUST IN: President Trump & Japan PM Abe to hold joint news conference tomorrow afternoon at 1pm ET
03:39 pm Mathew Waterfall : We now have our d daytime line
03:39 pm Curtis M : just seen that wwwwowwww
03:39 pm Curtis M : not holding this overnight now lol
03:40 pm Mathew Waterfall : Yea I might trim some ahead of that just to be safe
03:40 pm MarketMaven M : Drumpf
03:41 pm Nicholas Winton : don’t drive drumf
03:41 pm Mathew Waterfall : I can’t see how that will do anything but drive the dollar down though
03:42 pm Mathew Waterfall : They’ll come out and say they are working together or something. Or possibly Trump flies off the handle and says he’s going to put a stop to the manipulation
03:42 pm Mathew Waterfall : Either way dollar down
03:43 pm Curtis M : The VIX might be 7 soon
03:44 pm Mathew Waterfall : lol. Sub 10 handle? more like sub 8
03:46 pm Mathew Waterfall : Flow coming back into the miners on this weakness. Random with some calls being bought and puts sold by the looks of things
03:46 pm Mathew Waterfall : Kind of messy, not near as clean as monday/tuesday here
03:47 pm Eric L : $CEI rocket
03:51 pm Curtis M : dollar should go down yes imo but theyre two different cats there
03:52 pm Mathew Waterfall : We now have a reason to log on tomorrow at least lol
03:52 pm Mathew Waterfall : Im wrapping up for the day. Have a good night all!
03:52 pm Curtis M : ha
03:52 pm Curtis M : night
03:52 pm MarketMaven M : bye
03:53 pm Flash G : later
03:54 pm Curtis M : Going to exit $JDST cant take the Trump Abe chance I dont think
03:57 pm Nicholas Winton : i agree
03:57 pm Nicholas Winton : i think miners fly
03:57 pm Nicholas Winton : we’ll see
03:57 pm Nicholas Winton : Trump will eat sushi with a knife and fork and the dollar will plunge, plunge!
04:00 pm Curtis M : good night all
04:00 pm Dawn H : see you
04:00 pm Carol B : bye
04:00 pm Flash G : done

Miscellaneous chatter may be removed.

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $JDST, $JAGX, $SKYS – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $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 Thurs Feb 9 $JAGX, $ETRM, $SKYS, $JNUG, $JDST, $WTI

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

Stock Trading Plan for Thursday Feb 9, 2017 in Trading Chat room. $JAGX, $ETRM, $SKYS – $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO – 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!

Notices:

Public Webinar Schedule:

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

Do Not Miss This Update!

It’s a good idea to refresh your chart outlook and keep it simple sometimes!

Current Holds / Trading Plan:

$VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

Oil, Gold and the VIX are high on my watch list. 

General Market Outlook:

Some momentum plays in room early today so it looks decent that way. Rest of market wait and see along with Oil, Gold, Silver, Dollar, VIX, SPY algorithmic model plays.

Morning Momo / News and Social Bits:

Momo Watch: $SKYS, $JAGX, ETRM

Premarket, Stocks, Trading, Plan, $JAGX
$JAGX Premarket Win for Flash G 71
$SKYS Up Seventy Percent Premarket
$ETRM up 15% in Premarket

Big Week. #Earnings $NVDA $TWTR $GILD $DIS $TWLO $GM $ATVI $CLF $BP $CVS $ONVO $TSN $NWL $SKX $HAS $KO $WLTW $AGN $SYY $AXTA

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: $JAGX 73%, $SKYS 66%, $ETRM 16%, $VKTX 10%, $ZEN $AQMS $SGY $IMPV $CLF $ACOR $ADHD $URRE $VICL $ALNY $TSLA $UWT

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: $JAGX, $ETRM, $SKYS –  $VRX, $SSH, $ASM, $CBMX, $JUNO, $DUST, $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 Wed Feb 8 $DWT, $DFFN, $PLG, $NUGT, $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK

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

Review of my Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Wednesday Feb 8, 2017; $DWT, $DFFN, $PLG, $NUGT, $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK – $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY, $DUST 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:

Public Webinar Schedule:

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

New article on our blog: Keep it simple charting (amazing how you make consistent and predictable returns on your money just trading the simplicity of some charts – we make it way to complicated sometimes)

https://twitter.com/CompoundTrading/status/829305114091483140

New article on our blog:

Per previous;

Trading Room News Memo – There is a new member memo out that updates our members on trading room news and upcoming events. It also discusses our upcoming announcement of weekly webinars for existing members that wish to use our work in a more in depth manner and prospective members that would like to understand more about what we do. These webinars will be weekly for all six algorithmic charting models, our swing trading service and our trade room – each being 30 minutes in length. You will find the memo here:

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

Some of the plays in the room and swing trades lately include stock trades, options, ETF’s etc such as $DWT, $DFFN, $PLG, $NUGT, $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK.

In general terms, the crew in the room has absolutely been winning since early January. Mathew has been all over his swings, options and daytrades. Our members in the room have been on the same winning train. You would have to review all transcripts because it has been varied but bottom line is they have been on right side of the market from Gold to the recent tech action and in options etc. Very, very solid group. A great learning experience for traders in the room also.

The swing trading side of our service has nailed I think every call and the members have been sharing with me their success stories – as I predicted before Christmas this has without been the most profitable part of the trading I have been involved with also since Christmas. My personal daytrading in the room has been mixed, I am up just shy of 20% for the year so far BUT as I have said has I listened to our Gold and Silver algorithm charting I would be way, way, way higher. But the swing trading service side has made up for that also. 

Specifically today for myself I was trying to get on right side of oil related trading, and I don’t want to come across wrong but truth is this category (and our other algorithmic charting models such as Gold, Silver, VIX, SPY, USD) are my mainstays – because we do have somewhat of an edge… data. Anyway, my point is oil since it entered its sideways action weeks back has been predictable but I haven’t traded it much because sideways doesn’t provide optimum margin (decent but not optimum). So I have been daytrading momentum stocks and swing trading and waiting for the set-ups in our standard algorithm models to be most advantageous (and again, the error was missing the Gold and Silver turn). Anyway, to the point ha, oil, oil, oil…. it lost a technical support and when that happens 99% of the time there is a trend change (if you check EPIC the Oil Algos record on trend changes you will see its near 100% call win rate). So the set-up was perfect, but something odd happened the last two days – the machines shut off (which should occur at the inflection) but then nothing happend – which is not how oil trades. Oil trades in a very very predictable way – decision to decision and at each you make bank. And even more so when the trend is at a break and changes. So bottom line is oil trade in a way it does in less than 1% of instances when an important technical is broken. So I took two inverse oil plays $DWT and the first I took a paper cut and second flat. And I see that the chart in overnight trade is repaired and oil is back in its sideways range. Ugh. 

Per previous;

I’m still on the wrong side of that Gold / Miners / Silver trade and I have absolutely no excuse because I knew months in advance the bottom call from Rosie the Gold Algo and SuperNova Silver Algo – and I even doubled down on $DUST the other day. HOWEVER, Gold does have two very significant hurdles coming overhead that have low probabilities (as far as math is concerned) of price action clearing (with-out a pull back) – unless of course geopolitical reasons / sentiment change that.

Momentum / Noteable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
VPCO 0.00 42.86% 135610899 Top Gainers
AEHR 3.00 35.75% 9255700 Top Gainers
ATV 11.71 30.11% 26500 Top Gainers
ATOS 1.81 26.44% 560419 Top Gainers
INVE 4.60 20.10% 538833 Top Gainers
PLG 2.32 18.97% 3330278 Top Gainers
COHR 190.65 18.17% 1406700 New High
INVE 4.60 20.10% 538833 New High
TSRO 182.68 12.11% 2834600 New High
WD 37.27 16.11% 967500 New High
WOOF 90.72 0.01% 1511300 Overbought
AAPL 132.04 0.39% 23336500 Overbought
AEHR 3.00 35.75% 9255700 Unusual Volume
EZR 23.79 -0.21% 50000 Unusual Volume
BSWN 23.20 0.22% 31200 Unusual Volume
OCRX 0.73 32.55% 29245973 Unusual Volume
ABB 22.61 -3.58% 3654600 Upgrades
ABB 22.61 -3.58% 3654600 Earnings Before
EEI 9.60 -3.03% 9000 Insider Buying

Holding:

I am holding $ASM, $VRX, $SSH, $JUNO, $CBMX, $TRCH, $LGCY, $DUST

Looking Forward:

I am of course watching our standards that apply to our algorithmic charting;

US Dollar $DXY is at important support so I will watch for a bounce (my personal bias).

$GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon so I will watch for a pull-back (my personal bias but I do know there is a significant possibility my bias is wrong and if so I will really hammer down on the move through resistance long if it occurs – AND I’ll be ready for the small and micro caps that would likely light fight in that scenario).

$OIL was broke and it magically repaired and is back in its multi-week range – trade the range until really broke.

$VIX is still near dead – records being set (as predicted long before Christmas).

$SPY continues in its range but I will be looking for a break to higher (my personal bias).

Still playing morning momos but the last 15 sessions follow-through momo (where I bank) has been difficult because volume goes poof.

Swing trading – continuing to bank on that side of our platform and don’t expect that to slow down in 2017 (until a change in market conditions of course).

Weekend webinars we are hosting to review all of our algorithmic modeling, swing trading and what we do in our trading room will be as good for me as it will be for attendees because it will be a refresh of all the charting and a good way to get ready for next weeks trading.

PS – I know we haven’t posted five or six trading results since Christmas and we’re getting there soon. We have it on our list along with… well you know… lots:)

Earnings on deck:

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

Announcements in Compound Trading Chat Room:

NA

Compound Trading Stock Chat-room Transcript:

09:18 am Lenny E : All out $DFFN
09:20 am Mathew Waterfall : Held ON? Nice trade Lenny
09:21 am Mathew Waterfall : Eyes on crude and the dollar here. Bonds made a YUGE move up ON and will see if they can hold or if they give it back as they’ve been prone to do
09:21 am Lenny E : No. But am overtrading too.
09:21 am Mathew Waterfall : nice
09:24 am Eric L : Sold half $DFFN holding half for open
09:24 am Eric L : Thanks for alert Len
09:32 am Mathew Waterfall : Out some $NGD here at 2.97x from 2.84. oversized position I wanted to cut down on this pop
09:32 am Lenny E : Watch $CAMT here
09:34 am Curtis M : Long $APOP 6.56 and out at 6.36 stopped imm
09:34 am Curtis M : 1000
09:36 am John M : L $CORH
09:37 am Mathew Waterfall : Out the weekly $GLD 119c’s at .29 from .27. Didn’t buy enough time. Still in a couple to see if this move goes higher as I expect
09:38 am Mathew Waterfall : Out $SSRI at 11.95 form yesterdays buy at 11.40 for a quickie
09:39 am Mathew Waterfall : Miners have some catch up to do here IMP after yesterdays sell off
09:42 am Jack D : Nothing I was watching went anywhere but down ugh
09:44 am Mathew Waterfall : Out $IAG at 5.095 from 4.50ish. Don’t have the exact entry price for some reason. Lightening up as I was HEAVY miners here this week and last
09:46 am Sandra Q : Long $NUGT may be late to party short leash as Mathew says
09:50 am Mathew Waterfall : Lots of $JNUG call flow hitting the wire this moring right off of the open
09:50 am Nicholas Winton : love miners here
09:50 am Mathew Waterfall : New one I picked up last night after close. $GFI. Chart looks great and should see north of $4 shortly
09:51 am Curtis M : 1242 – 1253 no mans land fr Gold imo …. up its gone if t gets over
09:51 am Nicholas Winton : i think we could see miners rip thru next wk
09:52 am Curtis M : kinda like oil yesterday big decisoin but oil crapped I dodnt think gold will
09:53 am Mathew Waterfall : Agreed. I actually like Silver a bit more long term here. Keeping most of the silver plays
09:55 am Mathew Waterfall : Out a bit of $PLG 2.12 from 1.76 entry. Had mid 2’s as final target so we’ll see if we get there
09:57 am Mathew Waterfall : $PPP continues to kill it. Still aiming for $1 in short order
09:59 am Nicholas Winton : ASM looks good
09:59 am Nicholas Winton : when THM breaks out- kaboom
10:01 am Curtis M : Volume dried up in most issues on my monitors – careful.
10:01 am Curtis M : Obvously y’all are bing that our room is dead quiet lol
10:02 am Eric L : Dead cat everywehere I look – something going to shake. Up or down not sure.
10:02 am Mathew Waterfall : Oil report should get the party started
10:03 am Lenny E : micro twitter guys trying to talk up a good game but nothing on the charts when you look
10:03 am Lenny E : bio low float guys
10:05 am Nicholas Winton : GENE
10:05 am Nicholas Winton : $GENE
10:05 am Eric L : $GENE looks decent
10:08 am Curtis M : Whats your PT on $HENE Ncholas?
10:11 am Nicholas Winton : i thinkn if we see volume enter we could see 1.30
10:18 am Lenny E : watching $DRYS for pop
10:18 am Sandra Q : Curtis serious about oil charts
10:19 am OILK K : I don’t think he misses when he fires on oil S 🙂
10:20 am Mathew Waterfall : $FB seeing a ton of call buying here into some strength after last weeks earnings dump
10:20 am OILK K : yes sir eee Mat
10:23 am Mathew Waterfall : Besides that and the miners/metals not much standing out. A couple $SPY bear bets early but no non stop action like I try ot key off of
10:28 am Cara R : shhhh lol
10:31 am Curtis M : machines used that lower fib algo line as target been on there for some time – they defaulted to it
10:32 am Mathew Waterfall : Confirmed the build and not much reaction. Color me surprised
10:33 am Curtis M : Short at the blue line it is blue arrow (uppr blue line lol)
10:33 am Curtis M : sorry just in case haha
10:34 am Curtis M : if it gets there
10:40 am Eric L : scared the carap outta me when he came on hahaha
10:40 am Eric L : ha
10:40 am Eric L : turned it down
10:43 am Carol B : Thanks Mathew helps
10:43 am OILQ K : i second that
10:43 am Mathew Waterfall : Glad it helps. Shoot me a note if yoou have any other questions I can help with
10:43 am OILQ K : oil
10:44 am OILQ K : yippy
10:44 am Mathew Waterfall : Biggest build in forever and it rallies. wow
10:44 am OILQ K : cccrazy
10:45 am Curtis M : loading the bombs he he
10:45 am Curtis M : it goes over that blue line i have to flp fast lol
10:47 am Curtis M : see oil is viscious
10:48 am Curtis M : 1 s lol
10:53 am Mathew Waterfall : Break back in a few
10:53 am Curtis M : k
10:54 am Curtis M : Long $DWT but careful
10:54 am Curtis M : it could squeeze easy
10:55 am Curtis M : like that
10:55 am Curtis M : getting dangerous
10:55 am Curtis M : needs to fail soon
10:57 am Curtis M : if it fails i wlil scale at levels of fibs
10:58 am Curtis M : For those that can’t get audio will short at fibs if it fails if it pops i will exit and wait
10:58 am Curtis M : siting right at decision
10:59 am Curtis M : 52.45 or more gets seriously bad
10:59 am Curtis M : fast
11:00 am Trent P : man Curt never seen anyone so tapped in to oil charting and trades ya know your levels
11:05 am Curtis M : out
11:05 am Curtis M : getting ready on long side
11:06 am Curtis M : dam
11:09 am David Z : crazy
11:11 am David Z : on another note my $TSLA yes
11:12 am John M : y abunch of us winners there
11:14 am John M : it didnt get far above res
11:14 am Curtis M : ya
11:19 am Lenny E : oil looks lie crap in my opinion curtis
11:19 am Curtis M : hard to read
11:20 am Lenny E : I might short soon myself and I dont trade it
11:20 am Lenny E : well DWT not short
11:20 am Lenny E : inverse! thats it
11:21 am Lenny E : I understand now why you use 20 day for commodities and not 9.
11:21 am Curtis M : machines arent buying
11:22 am Curtis M : not yet anyway
11:25 am Curtis M : Long $DWT tester
11:27 am Eric L : Im in the raid seen your tweets funny better win
11:27 am Eric L : Like you I hate losing
11:28 am Eric L : MMy $BABA paid
11:28 am Jake A : Covered both $TSLA and $BABA for payday too this morning
11:29 am OILQ K : why would anyone want to lon oil with that build and USA shale beyond me
11:36 am Mathew Waterfall : Trimming $PLG at 2.00 from 1.7X. Broker issues seeing these entry prices after exit for some reason
11:37 am Mathew Waterfall : Dude, janet
11:37 am Mathew Waterfall : They have been propping oil to prevent a high yield crash all year
11:37 am Mathew Waterfall : high yield crash brings a crash. Look at what started things off fall of 2015. $HYG crash
11:38 am Curtis M : ya fark piss me off
11:38 am Curtis M : holding tester DWT
11:39 am Mathew Waterfall : That’s my tin foil hat theory anyway which makes a lot of sense to me
11:39 am Curtis M : spooky action
11:40 am Eric L : Curt never on wrong side of oil
11:40 am Curtis M : Anyway on to other stuff
11:40 am Curtis M : lol thanks eric haha
11:41 am Don O : on a bighter note you all – a bunch of us banked this morning $TSLA $BABA and thres more on the way yippy
11:41 am Eric L : True true
11:42 am Mathew Waterfall : Nice well done Don and others. Love to see that
11:43 am Don O : going to be a good afternoon i feel it
11:43 am Don O : hope
11:51 am Shafique M : Been in $ROKA since you alerted a cople wks ago and t looks better now
11:52 am Mathew Waterfall : BTO $GFI Mar 4c’s at .12. I have a 4.20 PT on this near term which should juice these to the moon if we get it
11:53 am Shafique M : hit it
11:53 am Glenn T : good eye on that
11:54 am Mathew Waterfall : Those calls are really cheap to me premium wise. That’s what I’m looking for in the latter stages of this gold move
11:54 am Glenn T : checking now
11:55 am Glenn T : great room btw
11:55 am Curtis M : Yes sorry Glenn welcome:)
11:58 am Mathew Waterfall : $IWM looking like it wants some follow through to the downside and a channel break. Im looking for a sub 134 close with confirmation tomorrow to key off of there
12:02 pm OILQ K : $WINS resumed
12:03 pm Mathew Waterfall : $WINS is the kind casino pump and dump stock for me
12:03 pm OILQ K : he ya
12:06 pm darnel t : $FB $TSLA $BABA all great plays for my end – looking at $NFLX again
12:06 pm darnel t : $FB action hot
12:07 pm darnel t : and $AMD short
12:08 pm darnel t : and evven $GOOGL long
12:09 pm Mathew Waterfall : Ton of steam long in all of those names. $TSLA has earningson 2/22 I think
12:09 pm Mathew Waterfall : $AMD has seen a ton of long action so careful shrt
12:09 pm darnel t : Curt you were saying something about Tump and tech o nTurs though?
12:09 pm darnel t : yes thanks Mathew good thought
12:10 pm Mathew Waterfall : $AMD and $MU have both seen a lot of call buying the last couple of weeks. Just something to keep in mind
12:11 pm Curtis M : I thought I seen something about Trump and tech on Thur
12:11 pm Curtis M : CAN WE JUST DUMP PLS LOL
12:11 pm Mathew Waterfall : Seriously. It feels to me like they want to suck in longs and then flush but how long can that go on for? It needs to move sooner or later…right?
12:12 pm Curtis M : you would think lol
12:12 pm Curtis M : im sure were being played by the powers postive
12:13 pm Mathew Waterfall : O yea, we always are though lol
12:13 pm Curtis M : we run massive data…. the data doesn’t lie – its like aliens showed up – we know
12:13 pm Curtis M : i cant tell you exactly where a prce wll go normally lol but we can tell you when it is wrong
12:13 pm Curtis M : without error
12:14 pm Curtis M : humans trade and machines trade and with enough time and enough data you can tell when the aliens show up
12:15 pm Mathew Waterfall : Can you measure how large of an outlier we’re seeing here or is that impossible with the different layers of data?
12:15 pm Curtis M : hard to tell now because w ehave to go back to the data with what we have from yesterday and today and it takes days
12:15 pm Mathew Waterfall : Wondering how large it is to just keep us flat. Like is this a 3 sigma move just to pin things?
12:16 pm Curtis M : like loook AT THAT chart bot says sell price goes up immediaely at same time
12:16 pm Curtis M : never never never happens
12:17 pm Curtis M : i gotta focus on makingmoney this afternoon this pissed me off lol
12:17 pm Curtis M : 🙂
12:17 pm Curtis M : get happy
12:17 pm Mathew Waterfall : Goodlcuk to us all lol
12:17 pm Curtis M : lol
12:18 pm Curtis M : look at that stoch rsi oil should be TANKING
12:19 pm Curtis M : sorry guys it just feels like casino cheating today
12:19 pm Mathew Waterfall : Tough to get indicators that looks worse that than really
12:20 pm Mathew Waterfall : Just took some $GFI commons to add to the calls here. Sold off hard ongold stength will play catch up shortly
12:20 pm Eric L : no probs Curt! Lets just raid the tray this afternoon!
12:20 pm Curtis M : lol a gambler:)
12:20 pm Curtis M : ok focus on
12:22 pm Jake A : 1257 gold and I’m out of y long of we get it
12:23 pm Curtis M : fib there
12:37 pm Nicholas Winton : $ASM looking great
12:38 pm Curtis M : lol have to rebot soon b4 afternoon
12:39 pm Tech 3 : I’ll grab it curt
12:45 pm Tech 3 : good to go
12:45 pm Tech 3 : sorry, its there platform not u c u
12:51 pm Mathew Waterfall : Really wanted $TLT on a pullback today but it’s going going gone by the looks. Still sitting in Mar 126c’s and a pile elsewhere but wanted another reload in calls
12:52 pm Curtis M : looks gone
12:52 pm Curtis M : great play
12:53 pm Mathew Waterfall : Wanted more but o well thus is life lol still will buy on pullbacks
12:58 pm Shafique M : $PLG rockstar
12:59 pm Mathew Waterfall : Yea $PLG has been a killer for me. Would look for more if it sees any weakness
12:59 pm Shafique M : I eye balled it but missed
01:02 pm Curtis M : indicators relative to price in crude literally backwards
01:03 pm Jake A : selling $OCRX daytrade for decent gain on daytrade mini size
01:05 pm Curtis M : carefule with oil longs here now
01:05 pm Mathew Waterfall : huge dollar spike
01:06 pm Curtis M : could b decison time soon
01:08 pm Curtis M : buy miners in morning sell at 1? daily? is that a thing?
01:08 pm Mathew Waterfall : Thise week yea. Last week was opposite
01:09 pm Curtis M : odd
01:09 pm Mathew Waterfall : I’ve been buying calls late day and sleling right off of the open with decent success. Front week jnug/nugt very risky
01:10 pm Curtis M : decision in oil b4 1:25 ish likely
01:19 pm Nicholas Winton : could be major copper strike
01:20 pm Nicholas Winton : at $BHP
01:20 pm Nicholas Winton : look at copper oriented stocks
01:20 pm Nicholas Winton : $TGB and $NAK (which has huge gold too)
01:20 pm Mathew Waterfall : I saw that yesterday but not a ton of movement. I’m in and like $TRQ here but it’s been lagging tough
01:21 pm Jake A : in copper on Curts note this morning start only…
01:21 pm Curtis M : ah ya Nicholas I’ll get ya that morning news
01:21 pm Curtis M : 125 on deck
01:22 pm Curtis M : i like the copper play
01:23 pm Curtis M : caeful oil longs
01:24 pm Mathew Waterfall : Looking at high r/r $JNUG front week calls here. most likely 12.5’s
01:25 pm Nicholas Winton : copper rose 9% in 3 days during November- when that happens copper is extremely bullish 3, 6 and 12 months out
01:26 pm Curtis M : 1:25
01:27 pm Curtis M : machines didnt buy it
01:28 pm Curtis M : Ncholas – anhthing wierd going on in the constellations?
01:28 pm Curtis M : lol
01:29 pm Curtis M : i think he left
01:30 pm Don O : $GOOGL looks like my big play of the wek coming
01:30 pm Don O : It looks set up really well
01:30 pm Don O : sentiment mainly
01:34 pm Mathew Waterfall : Took a few weekly $JNUG calls here. Basically lotto’s at this point looking for anther gap up ON or afternoon spike ala Monday. 12.5’s at .35
01:35 pm Mathew Waterfall : usd/jpy and cahnnel high and cold just ran the late stops my thinking here
01:39 pm Curtis M : Copper has resistance ocming btw so if sentiment shifts its down so thats the hard part
01:40 pm Kevin E : $BIDU beast
01:54 pm Lenny E : $BIDU to the moon soon I think
01:56 pm Curtis M : theres something about thur and tech stocks i wish i could remember
01:57 pm Dave A : Curtis, you still holding $DWT?
01:57 pm Curtis M : Barely yes
01:57 pm Dave A : thx
01:58 pm Curtis M : Welcome back Sartaj
01:59 pm Sartaj Hundal : Hello, all. Nice to be back, besides the snow!
01:59 pm Curtis M : ha Im good for today just text me local and i can be there at 3
02:00 pm Sartaj Hundal : Nice to see positive reviews from our members in these flat markets
02:01 pm Curtis M : market stinks
02:01 pm Curtis M : lol
02:02 pm OILK K : $RXII loooks lie a death trap for bulls
02:04 pm Curtis M : 2:30 on deck – oil
02:13 pm Curtis M : yes
02:14 pm Curtis M : no magic saves now
02:16 pm John M : ha
02:16 pm Mathew Waterfall : Flsuh this thing come on
02:16 pm Mathew Waterfall : *flush
02:16 pm Mathew Waterfall : let’s get moving
02:16 pm John M : F L U S H
02:16 pm John M : 13 mins
02:16 pm Curtis M : yup
02:17 pm Mathew Waterfall : flush o’clock
02:18 pm Curtis M : its below major support
02:18 pm Curtis M : heyre holding it up
02:20 pm Curtis M : whit earrow is what it should do like last time and the last 100000000 times flush
02:21 pm John M : crazy when you look at it
02:22 pm Mathew Waterfall : So weird. It would be almost impossible to actually game the oil market. There’s probably 10 people/groups world wide with enough juice to do that in this space
02:22 pm Mathew Waterfall : Very strange
02:22 pm Curtis M : thats why i am freaking out lol
02:22 pm Curtis M : i play oil cause its so liquid
02:23 pm Curtis M : aliens have landed
02:24 pm Mathew Waterfall : I haven’t had time to work it out but Im wondering if there’s a link between BOJ and them trying to prop up oil. Would be news to me but Trump is slamming their JPY ramps so maybe they are looking elsewhere?
02:24 pm Mathew Waterfall : That’s full on tin foil hat btw lol
02:24 pm Curtis M : lol
02:25 pm Mathew Waterfall : random thoughts from mathew for ya right there
02:25 pm Curtis M : I’ll take random
02:29 pm Curtis M : kinda like getting old spice for Christmas
02:29 pm Mathew Waterfall : I guess I should have expected this quiet close
02:30 pm Mathew Waterfall : funny. /CL volume is up slightly today vs other days this year
02:31 pm Mathew Waterfall : I assumed it would be way down with lack of action
02:31 pm Mathew Waterfall : Anyone out there use Sierra by chance and have deep level 2 figures?
02:31 pm David Z : sierra?
02:32 pm Mathew Waterfall : Sierra is a platform that a lot of oil/gas traders use
02:32 pm Curtis M : OILK I think does
02:32 pm Curtis M : Out DWT
02:33 pm Curtis M : cant wait around gotta go kill something
02:33 pm Mathew Waterfall : Im curious if there’s a huge bid down there propping things up. You say no algos so they may be placing and pulling but seeing a large bid at like 51.5 would make sense
02:33 pm Curtis M : him or shafique or lui when theyre in the room or whatever theyll be the one
02:34 pm Curtis M : gary too he might
02:34 pm Curtis M : stupid stupid stupid ugh
02:34 pm Curtis M : lets kill one b4 end of day here lol
02:35 pm Mathew Waterfall : $ENPH on watch for VWAP test
02:36 pm Mathew Waterfall : That’s about the only small cap runner I’ve been eyeing
02:36 pm Curtis M : $OCRX $AEHR but both meh
02:37 pm Mathew Waterfall : Yea tough flow to read for me so I’ve been staying away from those plays this week
02:39 pm Mathew Waterfall : Via Twitter: $SPX on track to post its 7th daily move <0.1% in the last 10 days. First time that’s happened since Jan. 1995 (and 3rd time in history)
02:39 pm Eric L : what nuts
02:40 pm Curtis M : maybe im not going loony tunes
02:41 pm Mathew Waterfall : Yea that’s pretty crazy. Also crazy long streak for days without a 1% or more move
02:43 pm Curtis M : market has left the building
02:51 pm Eric L : Mathew what do you think of these low float Chinas these guys are starting to run?
02:52 pm Eric L : Oh and Curt btw thanks for getting me in and outta that oil without a dent even though it didn’t fly – Ive done mega with you that have so just wanted to say before I go.
02:52 pm Curtis M : hey np I think Mat sleeping on his keyboard
02:53 pm Mathew Waterfall : haha Im about to get more coffee just to stay awake.
02:53 pm Curtis M : repost for the few that just came back in…. Via Twitter: $SPX on track to post its 7th daily move <0.1% in the last 10 days. First time that’s happened since Jan. 1995 (and 3rd time in history)
02:53 pm Curtis M : thanks to Mat
02:53 pm Mathew Waterfall : I’m not a fan of the low float plays they don’t fit my trading style so I don’t play them often. I’m not the guy on that
02:54 pm Curtis M : y athyre tough
02:54 pm Mathew Waterfall : You make them look easy but they never seen so simple when I try lol so I just leave them be more often then not
02:54 pm Curtis M : if you get a good squeeze and and and you ship in small then small then small tight t can be done – but 1 in 10 I get good – half i get razor cuts
02:55 pm Curtis M : the secret for me is the squeeze but even those last two weeks ave been blah
02:55 pm Lenny E : makes a lot of sense there
02:56 pm Lenny E : basically my style
02:56 pm Mathew Waterfall : It seems like the plays of december and jan would keep running but this week and last they dry up super quick
02:56 pm Eric L : Learning
02:57 pm Curtis M : they have to run and you have to cut quick when they dont thats the only way and they trade n the .25 cent and you need momo momo momo or you can play pull backs but same thing everything dried up recently
02:57 pm Eric L : thanks guys
02:57 pm Eric L : calling it a day see you tomorrow
02:57 pm Curtis M : peace
02:57 pm Mathew Waterfall : have a good night
02:58 pm Curtis M : The play to catch was the turn on Gold – thats the play last 6 weeks
03:01 pm Mathew Waterfall : Only thing that’s moving. Not even your typical rotation really. Well metals and some tech I suppose
03:07 pm Curtis M : Deck
03:07 pm Curtis M : sorry that was late lol
03:08 pm Lenny E : seen it anyway
03:08 pm OILK K : me also
03:08 pm OILK K : Mathew – no I don’t have t but will soon
03:09 pm Mathew Waterfall : I was just curious about todays flow is all K
03:10 pm OILK K : 10 4
03:14 pm Nicholas Winton : $PLG boom
03:15 pm darnel t : ya a few of us killing that one
03:17 pm Mathew Waterfall : $PLG has just been griding. $UAA also seeing some action here which is nice
03:18 pm Curtis M : Nice to see you got movement
03:18 pm Curtis M : I was gonna re enter it but ya
03:18 pm Mathew Waterfall : Let’s hope it keeps going here
03:19 pm Mathew Waterfall : Still a decent low to play against at 20.40 but it needs to get into the 22’s to solidify
03:22 pm Curtis M : thinktankcharts
03:22 pm Curtis M : he just posted the wierdness
03:23 pm Curtis M : i think most are afraid to say the obvious
03:23 pm Curtis M : were obvoiusly being played imo
03:23 pm Mathew Waterfall : Yepp. Problem is the casino is a deck of cards as well with yellen and kuroda and the helm. We all know how this ends, we just don’t know when
03:24 pm Curtis M : everybody piling in to Deck cause everybody bored and pent up
03:24 pm Mathew Waterfall : Started with what, someone disclosing their 6% stake or something?
03:25 pm Curtis M : yup
03:25 pm Curtis M : its gonna be a good short
03:25 pm Mathew Waterfall : Think if this missle gets pointed down. The piling on plus IV expansion and VIX blowing up. What dreams are made of
03:25 pm Curtis M : when market corrects it will be 32 at best
03:25 pm Mathew Waterfall : I mean the market as a whole not $DECK though it’s included
03:26 pm Curtis M : ok my theory….
03:26 pm Curtis M : no more QE right? cause they can’t it wouldn’t fly in US I don’t think
03:26 pm Curtis M : so they have been through proxies buying up equities and ol etc for a long time
03:27 pm Curtis M : proxies controlled lke a stock promotor does same idea
03:27 pm Curtis M : its not deep but its my theory
03:27 pm Curtis M : lol thats it thats the whole theory
03:27 pm Lenny E : that was deep
03:27 pm Mathew Waterfall : I agree. I was expecting more lol. I also think that there is no way that they can raise rates here as aggresively as they want
03:27 pm Lenny E : Going to scalp Deck if it gets over 50
03:28 pm Mathew Waterfall : So I think they will have to tighten by unloading corp bonds that they have stockpiled
03:28 pm Curtis M : dont do it lenny
03:28 pm Mathew Waterfall : No more QE +bond selling+1-2 rate hikes per year on an economy made of china
03:28 pm Curtis M : sounds rght
03:29 pm Mathew Waterfall : Kaboom. I don’t think we make it that long. There has beena large shift in the last 12 months to the market IMO and in the last couple weeks it has gotten even worse. I’ll be sitting on my hands until things clear up
03:32 pm Mathew Waterfall : Late day bear flow into $AAPL of note. Only thing really jumping out at me today
03:33 pm Curtis M : hmmm
03:33 pm OILQ K : You guys are right.
03:34 pm Curtis M : So we wait and be smart till then. Hopefully tomorrow has some flow.
03:37 pm Mathew Waterfall : $TRQ late day flow finally. $NAK also liking this copper strike news as pointed out by Nich
03:37 pm Curtis M : Man I missed Nichs note on that
03:38 pm Curtis M : Meeting with Sartaj after about room transcrpts btw – so that everyone can access them without us posting
03:38 pm Nicholas Winton : $TGB is great for copper
03:38 pm Nicholas Winton : low cost, ramping production
03:38 pm Mathew Waterfall : Hasn’t been a ton of movement. $NAk was 2.9ish now 3.04
03:38 pm Dave A : That would be great
03:39 pm Nicholas Winton : $TGB also produces 250k oz silver and opened a moly mine
03:39 pm Nicholas Winton : which is great as inflation hits
03:39 pm Curtis M : hey Nich thanks lol
03:39 pm Nicholas Winton : no prob!
03:39 pm Mathew Waterfall : interesting. I’ll dig in to that after the bell thanks!
03:39 pm Shafique M : Good info from u guys all the time
03:41 pm Lenny E : here comes 50
03:41 pm Don O : omg
03:41 pm Nicholas Winton : $TGB was a pick at 55c in my newsletter just a couple of months ago- chart looksready to erupt again soon
03:41 pm Don O : it wont go over 50 lenny
03:41 pm Curtis M : lol
03:41 pm Curtis M : $TGB it is on watch
03:41 pm Curtis M : Thanks Hedge
03:41 pm Nicholas Winton : copper is the tell for the whole mkt
03:42 pm Nicholas Winton : as long as it holds strong, SPY will hold or move up
03:42 pm Nicholas Winton : speculation and small caps are where the huge $ will be made
03:42 pm Nicholas Winton : over the next month imho
03:42 pm Curtis M : holy sh*t lenny might get 50
03:43 pm Lenny E : small bios moving too but too late in day
03:43 pm Lenny E : covering likely
03:44 pm Lenny E : $TGB I like
03:44 pm Nicholas Winton : great fundies, chart, mgmnt and also- some insider buying
03:44 pm Nicholas Winton : in the last month or two
03:45 pm Nicholas Winton : $TGB traded at 50c in 2008 after copper crashed in 2008
03:45 pm Nicholas Winton : and within 2 years was back as high as $7
03:45 pm Nicholas Winton : as copper surged back up
03:45 pm Mathew Waterfall : copper(blue line) vs $SPX weekly bars http://tos.mx/TXpFLy
03:45 pm Mathew Waterfall : $TGB looks really good here. I think copper can rally without the greater market
03:46 pm Nicholas Winton : $TGB also has a huge undeveloped gold project called Prosperity
03:46 pm Nicholas Winton : much to like in $TGB followed for many years
03:46 pm Mathew Waterfall : Yepp that’s a logn term buy and hold
03:46 pm Nicholas Winton : $TGBeast
03:47 pm Mathew Waterfall : lol
03:48 pm Mathew Waterfall : @fxmacro Follow MoreU.S. ENERGY DEPARTMENT SAYS WILL SELL 10 MLN BARRELS OF OIL FROM STRATEGIC PETROLEUM RESERVE IN LATE FEBRUARY AS MANDATED BY 2016 LAW
03:49 pm Mathew Waterfall : Well that thickens the plot a bit here
03:49 pm Curtis M : hmmm
03:50 pm Mathew Waterfall : So many possibilities to what could be going on, none of which I am considering are inocent lol
03:51 pm Curtis M : I dont thnk Trump is a mistake the more I thnk about it
03:52 pm OILK K : $CLF earnings tomorrow and its got some momentum
03:53 pm Curtis M : I’m all conspiracy now.
03:53 pm Mathew Waterfall : After what went on with $X, $CLF makes me nervous
03:53 pm Mathew Waterfall : lol conspiracies are fun to think about until they take you down the rabbit hole
03:54 pm Curtis M : some traders I know on Twitter I losing their sh*t on each other….. I think “this” is getting to everyone
03:55 pm Curtis M : optionsavvy on twitter great guy losing it and others
03:55 pm Mathew Waterfall : Part of being in this game is adapting. I know a couple others doing the same thing
03:56 pm Curtis M : wisdom
03:57 pm Curtis M : at 1254 sh I gotta call Gold gone and I gotta admit I missed the whole move and then even worse i am a chaser lol
03:58 pm Mathew Waterfall : I hope it gets there so we can all make money on the blast off volume 2
03:58 pm Nicholas Winton : gold’s next leg up will power the juniors like THM
03:59 pm Nicholas Winton : that havent moved
03:59 pm Nicholas Winton : and the venture stocks
03:59 pm Curtis M : thats my hope
04:00 pm Mathew Waterfall : Super cheap premiums on a lot of those names on the options side right now. MEtals need to keep climbing and they will catch fire
04:00 pm Mathew Waterfall : Have a good ngiht all. See ya bright and early
04:00 pm Curtis M : cya
04:00 pm Lenny E : bye

Miscellaneous chatter may be removed.

Be safe out there!

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Article Topics: $DWT, $PLG, $NUGT, $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK – $ASM, $VRX, $SSH, $JUNO, $CBMX, $TRCH, $LGCY, $DUST – $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 Wed Feb 8 $DFFN, $OCRX, $MYGN, $APOP, $COHR, $VNR, $VRX, $SSH, $JJC, $VIX, $WTI, $GLD

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

Stock Trading Plan for Wednesday Feb 8, 2017 in Trading Chat room. $MYGN, $APOP, $COHR, $VNR, $VRX, $SSH, $VIX, $WTI, $JDST, $JNUG, $GLD – $TRCH, $LGCY, $CBMX, $JUNO $DUST – 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!

Notices:

Public Webinar Schedule:

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

Do Not Miss This Update!

Back to the lab tonight for algorithm updates for tomorrow open – but for now (considering the mess after the oil report) it’s a good idea to refresh your chart outlook!

Current Holds / Trading Plan:

$VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

Oil, Gold and the VIX are high on my watch list. $VRX and $SSH are the charts I’m watching close. And looking at some larger swings and Copper! $JJC

General Market Outlook:

Per the morning chart blast update the market might be a bit funky today – that was an algo earthquake at 4:30 yesterday (more specifically because the oil chart is broken).

EIA report at 10:30 today will be a watch!

Morning Momo / News and Social Bits:

Momo Watch: $DFFN $APOP $COHR $OCRX

Big Week. #Earnings $NVDA $TWTR $GILD $DIS $TWLO $GM $ATVI $CLF $BP $CVS $ONVO $TSN $NWL $SKX $HAS $KO $WLTW $AGN $SYY $AXTA

MBA Mortgage Apps

7:00am

EIA Petroleum Report
10:30am

MBA Mortgage Applications +2.3%
Purchases +1.8%, last -5.6%
Refis +2.2%, last -1.4%

Intuit down 3.4% after warning; H&R Block slides alongside http://seekingalpha.com/news/3241513-intuit-3_4-percent-warning-h-and-r-block-slides-alongside?source=feed_f … #premarket $INTU $HRB

Copper supply threatened as disruptions rage at top BHP, Freeport mines http://seekingalpha.com/news/3241516-copper-supply-threatened-disruptions-rage-top-bhp-freeport-mines?source=feed_f … #premarket $BHP $FCX $JJC $CPER #sitifatim…

Allergan Q4 top line up 7%; non-GAAP earnings up 6%; cash flow ops down 94%; shares ahead 2% prem… http://seekingalpha.com/news/3241494-allergan-q4-top-line-7-percent-non-gaap-earnings-6-percent-cash-flow-ops-94-percent-shares?source=feed_f … #premarket $A…

AMC Entertainment prices upsized share offering http://seekingalpha.com/news/3241486-amc-entertainment-prices-upsized-share-offering?source=feed_f … #premarket $AMC

Netflix preps to sell toys http://seekingalpha.com/news/3241484-netflix-preps-sell-toys?source=twitter_sa_factset … #premarket $NFLX

$TWTR up 3% #premarket. Earnings tomorrow.

Twitter +2.8%; BTIG cites Trump’s usage in upgrade http://seekingalpha.com/news/3241477-twitter-plus-2_8-percent-btig-cites-trumps-usage-upgrade?source=twitter_sa_factset … #premarket $TWTR

Humana Q4 top line off 4%; earnings down 497%; cash flow ops down 923% http://seekingalpha.com/news/3241470-humana-q4-top-line-4-percent-earnings-497-percent-cash-flow-ops-923-percent?source=twitter_sa_factset … #premarket $HUM

Facebook added to BofA’s U.S. 1 List http://seekingalpha.com/news/3241468-facebook-added-bofas-u-s-1-list?source=twitter_sa_factset … #premarket $FB

Cellect Biotech Reports First Cancer Patient was Treated in Phase I/II Trial of ApoGra

Toyota China Jan. Vehicle Sales Fall 18.7% Y/y.

Genworth misses, but all eyes on review of China Oceanwide deal; shares +2% http://seekingalpha.com/news/3241510-genworth-misses-eyes-review-china-oceanwide-deal-shares-plus-2-percent?source=feed_f … #premarket $GNW

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: $DFFN $APOP $COHR $OCRX $MYGN $NVCN $PSDV $FMI $MCHP

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: $ZAIS, $FNMA,  $JDST, $JNUG, $UWT, $DWT, $VIX,

(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: $FMC $PNC $USAK $UPS $NOV $THO $EMR $MYGN $KFRC $TWTR $FIS $DCT $MCHP  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $NTGR $SPSC $PFSI $TLLP $GILD $MDLZ $MOS $COR $NGL $CXRX  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: – $DFFN, $APOP, $COHR, $OCRX, $MYGN, VNR, $VRX, $SSH, $ASM, $CBMX, $JUNO, $DUST, $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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PreMarket Trading Plan Tues Feb 7 $RGSE, $PIP, $BOSC, $JDST, $JNUG, $UWT, $ZAIS, $FNMA, $ASM

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

Stock Trading Plan for Tuesday Feb 7, 2017 in Trading Chat room. $RGSE, $PIP, $BOSC, $JDST, $JNUG, $UWT, $ZAIS, $FNMA, $ASM – $TRCH, $LGCY, $CBMX, $JUNO $DUST – 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!

Notices:

Public Webinar Schedule:

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

Mathew and the Whole Crew Killing It!

Swing Trading Service Killing It!

Current Holds:

$LGCY, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Looks like Gold, Silver, Oil came off a bit and the US Dollar may be about to get a bounce – but the jury is out and we’ll see how the day goes here today. $VIX is still dead and $SPY came off a bit yesterday and may get going today or tomorrow, again we’ll see.

Per yesterday;

With Gold $GLD, Silver $SLV, Miners $GDX, Oil $WTI coming to areas of resistance, $DXY near support, will be a series of decisions soon.

 

Morning Momo / News and Social Bits:

Momo Watch: $RGSE, $PIP, $BOSC

Premarket, Trading, Plan, Stocks, $RGSE
$RGSE Up 41% #Premarket

Big Week. #Earnings $NVDA $TWTR $GILD $DIS $TWLO $GM $ATVI $CLF $BP $CVS $ONVO $TSN $NWL $SKX $HAS $KO $WLTW $AGN $SYY $AXTA

 

International Trade
8:30 am

Gallup US
8:30 am

Redbook
8:55 am

JOLTS
10:00 am

Consumer Credit
3:00 pm

January Gallup US ECI: +11 http://seekingalpha.com/news/3241087-january-gallup-us-eci-plus-11?source=feed_f … #premarket

Nobel Capital initiates coverage on Anavex; shares up 6% premarket http://seekingalpha.com/news/3241098-nobel-capital-initiates-coverage-anavex-shares-6-percent-premarket?source=feed_f … #premarket $AVXL

$GPS up 2% #premarket. Sales up in January & Q4, led by solid gains at Old Navy & Gap.

Steris revenues up 5% in FQ3; updates guidance http://seekingalpha.com/news/3241085-steris-revenues-5-percent-fq3-updates-guidance?source=feed_f … #premarket $STE

Oaktree Capital Group beats by $0.34, beats on revenue http://seekingalpha.com/news/3241081-oaktree-capital-group-beats-0_34-beats-revenue?source=feed_f … #premarket $OAK

Perrigo shakes up board; shares ahead 2% premarket http://seekingalpha.com/news/3241079-perrigo-shakes-board-shares-ahead-2-percent-premarket?source=feed_f … #premarket $PRGO

Mosaic -1% as dividend cut dims better than expected Q4 results http://seekingalpha.com/news/3241089-mosaic-minus-1-percent-dividend-cut-dims-better-expected-q4-results?source=feed_f … #premarket $MOS

Regulatory path clarified in EU for VBI’s third-generation hep B vaccine; shares ahead 10% prema… http://seekingalpha.com/news/3241088-regulatory-path-clarified-eu-vbis-third-generation-hep-b-vaccine-shares-ahead-10-percent?source=twitter_sa_factset … #premarket $VBIV

BP -3.4% as Q4 earnings miss estimates, cash flow target pushed back http://seekingalpha.com/news/3241072-bp-minus-3_4-percent-q4-earnings-miss-estimates-cash-flow-target-pushed-back?source=feed_f … #premarket $BP

Dick’s on watch after glowing Goldman Sachs upgrade http://seekingalpha.com/news/3241073-dicks-watch-glowing-goldman-sachs-upgrade?source=feed_f … #premarket $DKS

Emerson +3% after raising guidance http://seekingalpha.com/news/3241063-emerson-plus-3-percent-raising-guidance?source=feed_f … #premarket $EMR

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: $RGSE, $PIP, $BOSC, $GCAP $CBR $ATHX $PULM $UGAZ $AVXL $NAKD $DRYS $NOV $WDAY $FN $EMR $ATNM $VALE

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:  $RGSE, $PIP, $BOSC, $JDST, $JNUG, $UWT, $ZAIS, $FNMA, $ASM

(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: $RGSE, $PIP, $BOSC, $JDST, $JNUG, $UWT, $ZAIS, $FNMA, $ASM – $CBMX, $JUNO, $DUST, $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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