My Stock Trading Plan for Monday Jan 30, 2017 in Trading Chat room. $CALA, $DHT, $QURE, $ESES, $HMNY, $GOOGL, $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – 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:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

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:

$GOOGL, $LGCY, $ROKA, $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:

The Trump crap is making things look bearish – but until $SPY chart broke it’s up and up. But we may get some volatility and who knows, maybe we’ll see a correction. We’ll know when and if it turns.

Gold and Silver still near the bottom range of our algo calls from last year, $USDJPY no decision yet as far as I’m concern (sure it’s off its highs but could it turn around and charge? Sure it could, not likely, but it could). $VIX is up a tad, but to be expected considering. Oil is near a considerable resistance and not far above that is a serious resistance that it rarely encounters.

Premarket, $VIX, Trading, Plan

Premarket Trading Plan, $VIX, Stocks, Chatroom

Morning Momo / News Bits:

Momo Watch:  $CALA, $DHT, $QURE, $ESES, $HMNY

Premarket: Global shares fall amid outcry over Trump travel curbs – The Globe and Mail

FDA OKs two new asthma products from Teva http://seekingalpha.com/news/3238651-fda-oks-two-new-asthma-products-teva?source=feed_f … #premarket $TEVA $GSK

Long Island Iced Tea announces increase in size of public offering http://seekingalpha.com/news/3238650-long-island-iced-tea-announces-increase-size-public-offering?source=feed_f … #premarket $LTEA

$QURE Announces FDA Breakthrough Therapy Designation for AMT-060 in Hemophilia

$CALA is up 35% premarket, in response to its announcement of a global collaboration and license agreement.

$XXIA +5.7% premarket after Keysight Technologies $KEYS agrees to acquire the company for ~$1.6B, or $19.65/share.

Zogenix nabs U.S. patent covering ZX008 in Dravet http://seekingalpha.com/news/3238653-zogenix-nabs-u-s-patent-covering-zx008-dravet?source=twitter_sa_factset … #premarket $ZGNX

$FGEN is ahead 9% premarket, in response to its announcement of positive top-line results from two Phase 3 studies.

$PULM announced a direct offering premarket.

Tempur Sealy shares plunge 22% premarket as company loses Mattress Firm contract.

Cisco, others launch new blockchain consortium http://seekingalpha.com/news/3238637-cisco-others-launch-new-blockchain-consortium?source=feed_f … #premarket $CSCO $BSWQY $BK $FXCOF

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: $CALA, $DHT, $QURE , $ESES, $HMNY, $DGAZ, $PULM, $PERI $XXIA 

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

(2) Pre-market Decliners Watch-List: Losers: $TPX -30%, $RGLS -28%, $FIT -11%, $UGAZ -8%, $SCSS -5%, $HIMX -3%, $FCAU $UNG $BCS $SDRL $TS $DB $STM $DEO $TNA 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:  $NTAP $MEP $GOL $THS $NGG $DIS $MSG $NEP $WBMD $CBL $DDR $HIBB $DKS $AXP $MELI $HBHC $CLD $NE $CBAY $MSG  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $CMRE $HIMX $APD $MTH $COLM $EEP $BCS $MBFI $TPX $PAYC $ARRY $RGLS $SEM $CL $RDC $SYMC $MTH $MDC $CNX $RICE $OKSB $DD 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:  $CALA, $DHT, $QURE, $ESES, $HMNY, $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, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F