My Stock Trading Plan for Friday Jan 6, 2017 in Trading Chat room.  $OGXI $VGZ $GPS $MDCO $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

Charting: TradingView charting is intermittently down (depends on the security) – seems to happen every few months. Likely ICE exchange data issue again – so charts are intermittent in this report and in trading room until it is resolved on their end.

2017 Algorithmic Model Charting is complete – we’re just waiting for TradingView ICE Data to come back online to publish and send to your inboxes!

Per previous;

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

Per previous;

$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:

Lots of width in what we are trading between now and Jan 20, 2017 IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST

Per previous;

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per previous;

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Stocks: $OGXI $VGZ $GPS $MDCO

Gap shares surge 8.6% in premarket trade

Amgen shares ? up 4% premarket

Regeneron shares ? down 8.1% in premarket trade

Ionis and subsidiary Akcea collaborate with Novartis to develop two cardiovascular candidat… http://seekingalpha.com/news/3233823-ionis-subsidiary-akcea-collaborate-novartis-develop-two-cardiovascular-candidates-deal-valued?source=feed_f … #premarket $IONS $NVS

UBS reduces expectations on McDonald’s http://seekingalpha.com/news/3233827-ubs-reduces-expectations-mcdonalds?source=twitter_sa_factset … #premarket $MCD

If you are new to our trading service you should review recent blog posts 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: $OGXI 62%, $VGZ 11%, $GPS 8%, $MDCO 8% $DGAZ $NBIX $URRE $IONS $CTIC $AMGN $FCAU $JDST $DUST $UWT $OREX $UCO $SDRL

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

(2) Pre-market Decliners Watch-List: Losers:  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.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

Outlook:

I wouldn’t bet against it. This weekend, along with other algos all our 2017 charting is out so all levels up and down moves will be in those reports.

$SPY, Chart

$SPY Jan 6 614 AM

Per previous;

Watching, watching, watching. $SPY is still having difficulty with the resistance our algo alerted weeks back prior to Fed speak.

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

My Trading Plan for $SPY:

Per previous;

Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook:

Per previous;

As noted above, we expect volatility.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook:

$USDJPY

$USDJPY Jan 6 604AM

Per previous;

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets:

Per previous;

Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $XAUUSD $GC_F $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Outlook:

1184.33 holds some resistance and more overhead. Gold, $XAUUSD, $GC_F, $GLD, $UGLD, $DGLD. $GDX, $NUGT, $DUST, $JDST, $JNUG

Gold, Chart

1184.33 holds some resistance and more overhead. Gold, $XAUUSD, $GC_F, $GLD, $UGLD, $DGLD. $GDX, $NUGT, $DUST, $JDST, $JNUG

Per previous;

There is a public post from Rosie the Gold algo overnight (click to view) and a Rosie the Gold Algo member’s version in member inboxes / on Twitter feed. It details exactly what levels I am watching and why.

Gold, Chart

There’s Gold in them thar hills boy! Rosie algo report ondeck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

Per previous;

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Outlook:

Some levels to watch up and down. It’s unorthodox charting – but trust me. Down look to 14.498 and up look to 18.909. Also that 200 day (pink) watch it.

SILVER, Chart

Silver $SI_F $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ) Jan 6 717 AM

Per previous;

Same with Gold and miners – on high watch.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

At time of writing oil is about to test significant resistance. 547 AM.

$USOIL, OIL, Chart

Crude algo intra work sheet 543 AM Jan 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

My Trading Plan for Oil Related Equities:

Per Previous;

When price gets back to a support or outside channel I’ll take a trade.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ):

Outlook:

It’s bullish – but it has to hold important levels like 200 MA on chart below.

$NATGASUSD, Natural Gas, Chart

Watching 200 MA on 1 Day (pink) Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ)

Chart Per Previous;

Natural Gas, Chart

$NATGASUSD KISS Chart of the day. Natural Gas.

My Trading Plan for Natural Gas:

Per Previous;

Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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:  $OGXI, $VGZ, $GPS, $MDCO, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $DWT, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Tuesday Jan 3, 2017 in Trading Chat room. $DGAZ $LEI $ALJ $DEPO $ORIG $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

$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).

Market Outlook:

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that. 

As mentioned previous;

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Stocks:  $DGAZ, $LEI, $ALJ, $DEPO, $ORIG

$SRPT upgraded to Buy from Neutral at Janney. PT $65

$MRNS Marinus Pharmaceuticals Receives FDA Orphan Drug Designation for Ganaxolone to Treat Fragile X Syndrome

$CLVS $175M offering.

Trump Tweets $GM Crushed premarket.

Shares of Nike (NYSE:NKE) are on watch after the stock is named the best new idea for 2017 at Jefferies.

NKE +2.07% premarket to $51.88 vs. a 52-week trading range of $49.01 to $65.44.

First NBC +15% on asset sale http://seekingalpha.com/news/3233032-first-nbc-plus-15-percent-asset-sale?source=twitter_sa_factset … #premarket $HBHC $FNBC

Nomura selects Starbucks (NASDAQ:SBUX) as its top restaurant pick for 2017.

Stocks gear up for fresh run at Dow 20K http://seekingalpha.com/news/3233030-stocks-gear-fresh-run-dow-20k?source=twitter_sa_factset … #premarket $SPY $QQQ $DIA $SH

2017 starts with a bang; Oil spikes; Techies flock to CES http://money.cnn.com/2017/01/03/investing/premarket-stocks-trading/index.html?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_markets+%28CNNMoney%3A+Markets%29

If you are new to our trading service you should review recent blog posts 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: $DGAZ 22%, $LEI 20%, $ALJ 10%, $DEPO 9%, $ORIG 9% $SDRL $IMGN $GGB $MRNS $UWT $SOHU $FCAU $PLX $XIV $ATW $CS $SVXY 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.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

$SPY, Intra-day, Fibonacci

Tight Intra-day trading levels. $SPY 527 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

My Trading Plan for $SPY:

Per previous;

Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook:

As noted above, we expect volatility.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Per previous:

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets:

Per previous;

Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F: $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Outlook:

Per previous;

Same with Gold and miners – on high watch.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

At time of writing crude oil has rallied above resistance and is now trading in the next quadrant. Watch for a back test at support.

Trading Plan:

Watching.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Natural Gas, Chart

NATGAS KISS Chart of the day. Natural Gas.

Outlook: NA

My Trading Plan for Natural Gas: Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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: $DGAZ, $LEI, $ALJ, $DEPO, $ORIG Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


My Stock Trading Plan for Friday November 11, 2016.

Welcome to the Friday trading session!

I am not going to repost our standard line-up of the US Dollar, Gold, Miners, Silver, Copper, Natural Gas, Oil, S & P 500 and Volatility because my position is the same as yesterday (refer to pre-market stock watchlist Thursday).

Momentum Stocks (Market open and Intra-Day)

I do trade morning momo stocks at times, but I do avoid risk. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Stock Watch-Lists

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

Misc. Watch-list: $UGAZ (Chart), $C (Bank), $MNST (Bottom Play), $DRYS (Shipper), $THC (Bottom Play), $TPL (Trump Play), $JJC (Continued Copper Break-Out?), $AUMN (Favorite Penny play w / Gold and Silver break-out).

Pre-Market Gainers Watch-list: $PTCT $NVDA $MACK $JJC $RGSE $CWH $MACK $OMER $YANG $EDZ $BT $DGAZ $AMD $TVIX $DWTI $SRPT $UVXY $JNUG

Stay tuned in Chat Room for more pre-market stocks on watch. 

Study

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 super-nova type plays (you need a good momentum scanner for the first 30 mins of trade)… but are very useful for intra day scalping (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.3xetf.com/all/

Algorithmic trading / traditional charting trading starts Monday!

GL!

Curtis

 

Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist


My Stock Trading Plan for Tuesday November 8, 2016.

Election Day!

Two big things today… it is election day… but more importantly (for my trading at least)… EPIC the Oil Algo has locked in his math on time / price cycles and that means BIG TRADING coming there very soon (it’s exciting for me anyway – it means bank on top of bank cometh).

Premarket reports will not be detailed until after election.

As with recent… I’m sitting tight and trading scalps until after election – yesterday portfolio +3.5% increase and Friday +6.3% so that’s just fine for now.

Post election we will start on algorithmic trading main targets and trendlines and work with traditional indicators that I use for my trades with goal to compound accounts 10k to 1MM in 26 mos (however, as in last nights post market report, I may kick that up a notch to a 6 month curve – stay tuned).

So for now so detailed pre-market trade plan – after election however very detailed trading plans for each algorithm we have in development. Also, refer to pre and post market reports for last week or so if you wish to view my bias with any specific sector etc.

Momentum Stocks (Market open and Intra)

I explained my position on morning momo stocks in detail in yesterday’s premarket if you’re interested (bottom line they carry risk so I do trade them at times, but I avoid risk).

Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Pre Market Watchlist: $VIX ($TVIX, $UVXY, $XIV) FX: $USOIL $WTI ($UWTI, $DWTI), Natural Gas ($UGAZ, $DGAZ), more to come in trading room before market open.  

Markets Today – Volatility $VIX ($XIV, $UVXY, $TVIX, $VXX etc)

Some obvious plays here… if Hillary gets last minute bad news I’l scalp $TVIX or $UVXY. If election goes well for her the obviously $XIV would be a decent scalp or swing. If THE Donald wins… watch out lol… volatitility. But either way I think the market gets a lift (if Donald wins market likely does a mini Brexit then lifts). I win everytime here (seriously almost). Brexit, last Jan, last Sept and Oil have been huge bonuses to my accts in addition to compound trading program – so I see the election as a bonus.

$DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

The US Dollar index is the only one I’m really watching – if it gets flight there’s a good play in $TZA. But other than that I’m not interested in playing China or Britain or any other currency related trades until after election.

$TZA – 3x Small Cap Bear. Watch $DXY US Dollar Index – when it gets flight so does the small cap bear $TZA typically.

$SPY ($ES_F, $SPX etc)

Per yesterday’s post… buy the blood in the streets and buy the over extended pivots and Fib levels (for those that don’t understand pivots and Fib levels – we will be getting in to those indicators and algo indicators after election in detail in the room).

FX: $USOIL $WTI ($CL_F, $USO, $DWTI, $UWTI $XOP #OOTT #Algo)

Per yesterday “There was a recent time / price cycle change. @EPICtheAlgo is expected to have updates on his Twitter prior to open.”

EPIC published algorithmic updates with alpha algo targets and time / price cycle terminations and traditional charting trendlines representing support and resistance! REVIEW THOSE POSTS IN DETAIL!!! This I have learned is critical. Yesterday’s trade I got that increased my small account portfolio 3.5% was all because I actually listened to the algo and took that trade yesterday.

EPIC expects a big move up or down before end of this Friday so BE SURE TO KNOW YOUR LINES!!!

Gold / Gold Miners – $DUST $JDST (Bear) / $NUGT $JNUG $GDX $GDXJ (Bull) / #Gold $GLD

Per yesterday and last few weeks (I haven’t done much here because I rely on the algo targets and we don’t expect anything predictable until after election) “Gold, Miners, Silver I was looking for on floor down over last month per my posts and this now may do it. We will watch to election and then start putting out our algorithmic charting and traditional charting and trade it.”

Silver – $SLV, $USLV, $DSLV and Copper

As above.

Natural Gas – $UGAZ, $DGAZ

Watching for a snap back and how price handles a snap back. Risky still – until otherwise. 2.90 area looks critical to me.

I continue to watch per previous. I was expecting a floor down here (as with Gold and Silver not so much) and the downdraft this morning is significant (enough? not sure yet – ask me after election lol).

Good luck! And remember, we get in to nice predictable algorithmic trading / traditional charting trading with compoound predictability shortly after election (we will just need to let trading settle in to its “natural mathematical state” for each intrument).

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 super-nova type plays (you need a good momentum scanner for the first 30 mins of trade)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups).

http://finviz.com/, https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

Curtis


My Stock Trading Plan for Monday November 7, 2016.

Election Trading

Premarket reports will not be detailed until after elextion.

I’m sitting tight and will trade scalps until after election. After election we will start on algorithmic trading main targets and trendlines and work with traditional indicators that I use for my trades. So for now I’m not going to get to detailed with pre-market trade plans but after election you will see very detailed trading plans for each algorithm we have in development.

Momentum Stocks

I will at times take first 30 min momo plays if and only if I think I can secure a stop that is tight and get immediate momentum on my side… I know a lot of rooms will take these plays regularly… but they aren’t normally my style because I want clear risk reward on my side and a predictable exit on my side. Compound trading works well if disciplined (and it mitigates unnecessary risk). Nonetheless, I watch morning momo plays not only for the first 30 mins but also, and more importantly, they are often the stocks I trade later in the day when they snap back after a downdraft or they continue to trend (I am looking for technical indicators such as a trending moving average, increased volume, continued trend, and more). 1 snap back or continued trend per day at 1% (or .20 cents on a 20.00 stock) over 26 months is 10k to 1.14 MM or it can be done in 6 months with 4 of these trades a day…. but it has to be low risk so you can execute stops or manual exits with-out stress and undo risk.

So just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time). These I continue to watch through the day for indicators that allow a trade.

Markets Today – Volatility $VIX ($XIV, $UVXY, $TVIX, $VXX etc)

Well…. Hillary isn’t guilty they say… so everyone is happy… so we have a $VIX GAP DOWN of 12.5% at time of writing… which in my thinking is awesome… A $VIX in the 19’s is closer to the 13’s or 14’s I’d like to get an entry at and is much better than reaching for 22’s and 23’s… had I only held $XIV over weekend…. but I wasn’t prepared to take the risk… I want 1% a day for 10k to 1MM in 2 years… that’s it… simple… focus.

So the snap back I was all about last week is obviously here…. but I’d be careful with holds Monday and Tuesday night… you never know… things a fucky to say the least.

I’m looking for entries on either side of the range for scalps.. for me that’s it for now with $VIX.

$DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

From last Thursday’s trading plan…

The US Dollar was close to a Fib at 97.07 earlier so this is an interesting watch for possible long in $UUP (long) and watching $UDN close (short a basket of currencies including British Pound).

Well… it got a little better downdraft than 97.07 and snap – back happened – overnight as I write it has snapped back from 96.89 – 97.70… I trade I should not have missed – I had it set-up.

$TZA – 3x Small Cap Bear. Watch $DXY US Dollar Index – when it gets flight so does the small cap bear $TZA typically.

I will be watching other currency relationships also for Fib and Pivots and will post as opportunities / time arise.

$SPY ($ES_F, $SPX etc)

I don’t have much to say other than… there’s the snap back and remember to watch the pivots… same here… buy the blood in the streets and buy the over extended pivots and Fib levels (for those that don’t understand pivots and Fib levels – we will be getting in to those indicators after election in detail in the room).

FX: $USOIL $WTI ($CL_F, $USO, $DWTI, $UWTI #OOTT #Algo)

There was a recent time / price cycle change. @EPICtheAlgo is expected to have updates on his Twitter prior to open. Generally speaking it was in a downdraft near some support but at significant risk… but likely a tad over-sold.. and I see at time of writing it is up in over-night trading. I’d be very cautious though – but that’s just an opinion. We’ll see what EPIC’s calculations look like.

Gold / Gold Miners – $DUST $JDST (Bear) / $NUGT $JNUG $GDX $GDXJ (Bull) / #Gold $GLD

Gold, Miners, Silver I was looking for on floor down over last month per my posts and this now may do it. We will watch to election and then start putting out our algorithmic charting and traditional charting and trade it.

Silver – $SLV, $USLV, $DSLV

As above.

Natural Gas – $UGAZ, $DGAZ

I continue to watch per previous.

So it’s really all about our current rally, staying nimble through election and then on to charting and trading thereafter with detailed set-ups.

Good luck!

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 super-nova type plays… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups).

http://finviz.com/https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

Curtis


My Stock Trading Plan for Thursday November 4, 2016.

Good morning Wall Street traders! The election is near, it Payroll day… and will the market continue to sell-off? Even more importantly… can I get to the pool before the rain comes – soooo beautiful during trading hours and then lightening thunder and rain right when I get there – EVERYDAY.

My trading plan today (like my post market report last night) will be very brief… both because we were up all night with equipment and software upgrades and because from now until the election not much has changed….

EXCEPT…

I pivoted late day to a contrarian play and put my money where my mouth is on it and took $XIV trades with BOTH my small day trade account and large swing account. I may or may not move in and out of that position! Stay nimble!

THE MARKET CAN STAY….. you know the rest.

Morning Momentum / Yesterday Gainers:

Prior to election I doubt I will take a morning momo play… after election yes most days I do… but morning momo is going to be a tough play IMO – that is was I have mostly sat on my hands in the morning.

IF YOU WANT TO BLOW UP YOUR ACCOUNT… MESS UP MORNING MOMO!!!

It is a bit early to post momo plays so I will post them as I see them of interest in the room and on my Twitter feed as time allows.

Anyway, from yesterday I am following:

$IQNT, $MPG, $TCCO, $EVI, $ENOC, $DRYS – Shippers and Twitter and others…

Crude Oil – FX $USOIL, $WTI | $USO $DWTI $UWTI $CL_F Etc….

EPIC the Oil Algo new algorithmic calculations are not published yet for the new price / time zone… I wouldn’t expect them until before market open Monday because the price has done NOTHING since it dropped in to it’s new zone… it did slice right through a target on Wed at 10:30 AM (red circles) and looks like it will do the same for today’s 1:00 PM algo target. You can see on the chart how the algos are trading up to the algo trendline (red dotted line) and it has done not much else – but it is UNDER that red dotted line – caution IMO.

Gold, Silver, Miners, Metals… ($JNUG, $JDST, $GDX, $NUGT, $DUST, $GLD, $SLV, $USLV etc…)

My position is intact… prior to election downdraft I was looking for downdraft (one) in Gold and Silver (if you go back to my posts you will see consistency there) and I also am prepared for Gold and Silver among others to take off… I am watching. Watch $FXY.

Natural Gas ($UGAZ, $DGAZ… etc)

No clue – no clue at all – it should be running. Just like silver should be IMO.

Volatility $VIX ($UVXY, $XIV, $TVIX etc)

I think $VIX insurance was a tad over-done yesterday… but of course I have been wrong before – so I took a contrarian trade in $XIV and we’ll see. RR was good and I have room in my win rate to fail once in a while:)

US Dollar Index $DXY $UUP and $HYG, $TLT etc..

It is threatening support – I would be cautious. You never know what kind of manipulation is coming over next few trading days – I AM WATCHING IT like a hawk. The dollar, credit, $HYG, $TLT, $DXY, China $CNY and other currencies etc…. I am watching very close.

Twitter

This is such an interesting play for me now – I was interested until recently – but now I am ESPECIALLY with some big name tech companies TANKING.

In Summary… between now and the election it is all about being nimble for me.

The trade room could get really exciting or be the most boring few trading days on record!

Watch the room alerts and my Twitter feed for updates!

Good luck and stay blessed! And please… bank bank bank.

Curt

 

 


Good morning stock traders!

$SPY $ES_F

I don’t expect any $SPY related trading until election unless there is some unexpected “width” in trade.

$VIX – $TVIX $UVXY $XIV

I do expect to be trading $VIX related instruments between now and election… however, with current chart I would like an entry when $VIX closer to 13. It is currently 15.2.

$DXY US Dollar Index ($UUP) – $FXY Japanese Yen Trust, $CNY, $TZA, $SMK / $EWW

$DXY is far from broken – break-out still intact. Upside resistance levels. Currently at 98.84. Look for further run in $DXY ($UUP), $FXY (Japan Yen) continued pressure,  $CNY (China Renminbi/USD ETN) continued deval, possible continued run with $TZA (small cap bear), and $SMK / $EWW (Mexico) I am watching for an election play.

FX $USOIL $WTI – $USO $UWTI $DWTI $CL_F #OOTT #Crude #Oil

Crude is well above its traditional charting diagonal and horizontal trend line supports and within its trading range. EPIC the Oil algorithm published targets for 1:00 today and current price action is almost perfectly between the two main alpha algo targets published. There is a significant time / price cycle terminating no later than Tuesday Nov 1 at 9:00 PM ET and normally price will move in or out of current trading range before the termination. In this case my bet is a movement before 4:30 PM Tuesday but it could be anytime now.

Gold / Gold Miners – $DUST $JDST (Bear) / $NUGT $JNUG $GDX $GDXJ (Bull) / #Gold $GLD

I was looking for an entry in $GLD at the 114.00 / 115.00 area (intra-day price 120.98) – but I don’t think now I will get that before the election (that was the plan so I will watch). Gold at 1266.65 is still one level up from my target.

Even with the pressure on the miner’s yesterday (even though a pull-back is likely short-term), I am looking for that move to continue over next week – again with election things are more difficult to future cast.

Going in to election however, I am very bullish most commodities. WITHIN DAYS I WILL BE HUNTING DOWN company equities specific to a strong move I see coming very very SOON.

Silver – $SLV, $USLV, $DSLV

My position with Silver ($SLV) is similar as that with Gold ($GLD) in that I am waiting for one more downdraft – here again I may not get that.

Natural Gas – $UGAZ $DGAZ

My thesis was the recent run-up (which we got and I miss timed) – but short term as with Gold I expect on level down in the elevator (again, could be wrong) so that is what I will watch for.

Summary

With all of the charts relating to the above I will be watching for support and resistance levels that make sense to trade (trying to only take trades on major pivots is important). Next week our charting and algo charting publications will become very detailed (in separate reports) which will make this discussion and trade planning more clear as a result of the detail (and the chat room / broadcasting will be going live – that will help clarity and intra-trading too).

Have a great day! May you bank and bank more! Freedom is calling your name!

Curt

PS: Other…

US GDP on deck as I write – looks like a small increase..

Rig count today 13:00 EST

Premarket: http://www.benzinga.com/news/earnings/16/10/8616695/a-peek-into-the-markets-u-s-stock-futures-edge-higher-alphabet-posts-upb

12 Stocks To Watch:
AMGN, AMZN, CVX, Data Processing & Outsourced Services, Earnings, EXPE, GOOGL, Health Care.

http://www.benzinga.com/news/earnings/16/10/8616065/12-stocks-to-watch-for-october-28-2016

 

 


Good morning, Stock Traders! Earnings season is in full gear and everybody is happy (for now).

Yesterday was awesome with a 9.2% portfolio gain… looking to trade for at least 1% compound today (3% goal daily).

Today’s premarket trading plan will be quick – we’re burning 20 hour days getting everything ready for pre-launch.

$SPY ($ES_F)

Futures are “just” in the green – range bound boredom trade continues… there is a wedge that terminates near election day… wouldn’t you know it. No play for me here yet… I’ll be watching the volatility side close though.

I would expect S&P, DOW, NASDAQ and world markets in general to be up until at least early Tuesday next week (unless geopolitical issues hit). Yes, WikiLeaks may have a major drop on Hillary or Donald.

$VIX ($XIV, $TVIX, $XIV)

Continue on watch until election… I missed the trigger yesterday and will continue to watch… with Friday on deck I don’t expect volatility until early next week now at earliest so there may be an entry possible.

FX $USOIL $WTI ($UWTI, $DWTI, $USO, $CL_F, #OIL, #Crude, #OOTT)

This is one of the more interesting plays… EPIC the algo put out revised Friday alpha algo targets FYI.

Crude is holding on to horizontal trend-line supports (purple on chart), is holding on to diagonal trend-line support (blue) and holding Alpha algo diagonal trend-line (red)… all of which keeps it just above support… barely – one rumor and this will get great lift. The $DXY of course plays in (correlation seems somewhat delayed and then instant). There are two moderate time / price cycles ending at latest 2:30 PM ET today and a major one at November 1 at 10:30 PM ET. The time / price cycles (do change as chart builds out, so that’s why I regularly update them) but more importantly can definitely cause significant price lift or not. So look for moderate lift or downdraft before 2:30 PM ET today and for sure before Wed morning next week. My suspicion is a rumor is coming because they time the rumors with the near termination of time / price cycles every single time (if price is at risk near support).

I am looking for a long $UWTI.

Crude oil chart / algorithm

Crude algo intra work sheet 846 AM ET Oct 27, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

$DXY – US Dollar 

$DXY continues… nothing is broken – break out is still alive. I posted upper resistance on my twitter feed to watch for – they have been correct within cents so far.

I am looking at $TZA again if Dollar gets lift. I’ll also be watching the support in crude chart next time Dollar lifts.

I will at times play $UUP with US Dollar.

Watching $CNY for continued deval.

Also looking at $SMK (although thinly traded) as a play if Donald gets lift in poles (inverted Mexico ultra-short).

Gold $GLD $NUGT, Silver $SLV, and Natty Gas $UGAZ $DGAZ…

With all three I was expecting on more floor down before the election, and we may get it… so I’m looking for that… if they take off before I get my one floor done I may chase.

Charts and Algorithmic Reports

For the algorithms we are working with $SPY, Silver, Gold, Oil, Natural Gas, US Dollar $DXY etc… we will start publishing pre-market and post-market reports for EACH every market day starting NEXT WEEK!!!

Watch my Twitter feed for intra real-time calls and the trade room starting next week – IT ALL HAPPENS intra-day. I know the GURUS are all about the plan… but that’s most useful with company equities and all the DD they have to do in that momo game… I’ll play for fun but my 1% compound daily (10k to 1.14MM in 26 mos) comes from plays like above and more importantly from intra-day movements providing opportunity for the 1%.

Stay blessed and bring home some bacon today! And remember… Coffee is for closers!

Curt