Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Tuesday March 14, 2017; $MGI, $DRWI, $ETRM, $DRYS, $TGTX, $OAKS, $JNUG, $DUST, $GOOGL, $COKE – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $DRYS, $SSH, $ASM etc 

Intro:

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

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

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

Notices:

Trade Room attendance – I will be traveling Wednesday so in trading room for an hour in the morning and then intermittently as I have service through the day.

Posts to Members sent direct vs. posting to blog – One of the most common DM questions I am getting is from folks asking questions surrounding member algo our post unlocks (the one’s members get and we unlock after some time)…. We do not post all member updates to the blog, in other words many of the posts are direct email updates that never get to the blog. Theses can be daily updates or intra-day updates of various types. The only reason we post to the blog at all is for transparency and a public historical record of our work (if it’s good work it should show and if not we should go do something else). So if you are a member to a specific algo charting service or our swing trading service you will receive intra updates and memos etc relating to that service that nonpaying public will never see. Hope that helps.

Per recent;

Trading Room Open House: We continue running open house – which will end soon (we just want to get this new platform settled first).

Trading Room Attendance: With our commercial multi-user algorithm chart modeling client platform launch, upcoming 24 hour oil trading room and coding for our algorithm models for our trader’s cockpit (you’d have to read our story on our website to understand our build-out plans)… I won’t be in the trading room as much starting Tuesday March 14, 2017. I expect to be in the room most days the first hour or two and then I have to turn my attention to the platform development daily and assistance our software developers require of me. I will still have my monitors on and will likely comment and/or run intra-day review broadcasts etc – I just won’t be in the room minute by minute.

We’re in middle of creating and editing a swath of educational videos – out soon.

The ability for members to access transcripts on demand we are working on – should have that done soon.

The Compound Trading YouTube Channel now has the daily trading chat room full length video uploaded daily with all stock trades for the day.

Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.

The live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.

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

In play today in chat room; $DRWI, $ETRM, $DRYS, $TGTX, $OAKS, $JNUG, $DUST, $GOOGL, $COKE

$ETRM was traded by Market Maven in morning momo for a small loss, I got out of last 25% of $DRYS position and that was a nice swing that started last Thursday with adds along the way, Flash got out of a nice $COKE swing and a big $OAKS swing exit (which was his largest play from our January swings), Mathew and Flash continued in $JNUG I believe, I held on $DUST, my $GOOGL swing is rocking and the $TGTX play was big – that was alerted in the premarket chatroom newsletter as one of my watches. Also watching $NKE $X among others you can find on premarket newsletter or swing newsletters (depending on your sub).

The premarket trading plan from Tuesday;

Premarket was all about watching; $DRWI $MGI $ETRM $GALT $RT $BIOC $EDIT $RLJE

$MGI, Trading, Plan, Premarket, Results

$MGI Up 24% Premarket, Trading Plan, Results

Twitter post that included some of the daily trading action (click on);

Swing Trading:

Here’s the latest public edition of keep it simple swing charting – this one has a MACD focus;

The Swing Trading Twitter feed can be found here: https://twitter.com/swingtrading_ct.

Algorithmic Chart Models:

I see that @EpictheAlgo nailed the bottom trading range of the current downdraft in oil trade. Nice to see the math works in that scenario. Our $SPY algo has been hitting extensions for weeks so that’s awesome and our Gold and Silver algos have big updates on deck (big in terms of maybe two or three of that significance would go out a year).

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

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderate small size to micro sizing)  – $DUST, $ONTX, $XOM, $NE, $BLKG, $DRYS, $USRM, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Stocks Today (via FinViz):

Ticker Last Change Volume Signal
DRWI 1.90 65.22% 10326717 Top Gainers
NVCN 1.78 27.14% 7103877 Top Gainers
MGI 15.77 24.57% 10304400 Top Gainers
RT 2.16 24.14% 8120500 Top Gainers
NAKD 2.60 21.50% 2929700 Top Gainers
CVRS 1.41 19.49% 6952605 Top Gainers
MGI 15.77 24.57% 10304400 New High
KMG 43.88 14.06% 214900 New High
GDOT 33.18 10.01% 900100 New High
TGTX 13.15 7.79% 4865959 New High
MGI 15.77 24.57% 10304400 Overbought
FIZZ 73.79 1.47% 276104 Overbought
ICVT 51.05 0.03% 1001600 Unusual Volume
DRWI 1.90 65.22% 10326717 Unusual Volume
HYLB 50.11 -0.23% 376771 Unusual Volume
GMAN 0.09 12.50% 12126700 Unusual Volume
ARRS 26.11 4.52% 2785700 Upgrades
ADES 10.77 -1.37% 127091 Earnings Before
CWT 34.45 -0.29% 129200 Insider Buying

The Markets Looking Forward:

It’s FOMC day Wednesday so everything’s a tad stalled. If I had to guess, and this is completely a guess, Gold and Silver will tank a but more, the dollar will get a lift, $SPY will get a lift, Oil will get lift and things will go back to normal. Could be wrong of course but I’m wondering. Banks may come off too. But that’s all a wild guess. That’s not what the algos say necessarily and not what the charts say necessarily either.

Per previous;

The markets are looking a little toppy – we’ll see. As you will see below, with our new Swing Trading KISS post – I am paying close attention to the MACD on main charting I follow – at time of possible turn I find it simple.

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

 

Results are in for Gold trading vote:

Silver $SLV:

Crude Oil $USOIL $WTI:

Volatility $VIX:

Pre previous’ $VIX has been flat for some time, however, our algorithmic modeling suggests a possible time / price cycle coming due soon. It is possible the oil sell off was the time-price cycle of note. Here again will await weekend algo charting updates before I do much.

 

Live Trading Chat Room Transcript: (on YouTube Live):

 

Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Also, times are Central Mountain below (we’re working on the fix now), so for New York ET time add two hours to all times. Also, most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 
6:52 AM Flash G ​Curt’s on mic at 9:30 correct?
6:53 AM MarketMaven M​Y epp. Morning @Flash G
6:53 AM MarketMaven M​ $ETRM is up +21.5% in premarket
6:58 AM MarketMaven M ​$WOR $ZEUS $RS $DGX $GDOT $DIS $TXRH $OXY $CTB $LADR $ETH $MAA $ARRS $TDG
6:58 AM MarketMaven M ​Upgrades
6:59 AM MarketMaven M​ Premarket Leaderboard: $DRWI $MGI $ETRM $GALT $RT $BIOC $EDIT $RLJE $GOGL $BCEI $DWT $ONCS
7:05 AM MarketMaven M ​So $RNN and $RXII have been FANTASTIC Flash! Babies.
7:05 AM Flash G ​yeah thanks for the poke on em
7:06 AM Curtis Melonopoly ​Grabbing a coffee… back for open broadcast ?
7:06 AM MarketMaven M ​kk
7:08 AM MarketMaven M ​congrats on $GOOGL Curt!
7:09 AM Curtis Melonopoly ​thanks catcha in 15
7:10 AM MarketMaven M ​Ouch! #Oil plunges as Saudis tell #OPEC Kingdom reverses one-third of cuts made at outset of OPEC deal.
7:14 AM Curtis Melonopoly​ quite the storm rolling in to NY
7:14 AM Curtis Melonopoly​?
7:25 AM Flash G​ $CBR gonna get run today
7:26 AM MarketMaven M ​In Play: $AUPH, $MGI, $LNTH, $VRX, $DWT, $DSW, $UWT, $SCO
7:26 AM MarketMaven M​ $CALA on close watch again for me
7:27 AM Mathew w​ Morning all. Likely in wait and see mode today but I don’t hate the action so far in CAT lol
7:27 AM MarketMaven M ​$LIGA on news also
7:27 AM MarketMaven M ​Hey Mathew!
7:27 AM Flash G ​hey mat mornin
7:28 AM Curtis Melonopoly​ on mic
7:29 AM Curtis Melonopoly ​$DRWI $ETRM $MGI
7:30 AM MarketMaven M ​Long $MGI small
7:31 AM Flash G​ oil lol wow
7:31 AM MarketMaven M ​nice
7:32 AM MarketMaven M ​Nibbling on $VRX too very small
7:34 AM Curtis Melonopoly​ $DRYS stop 1.69 on 26% held was a good play
7:34 AM MarketMaven M ​argh shit stupid open
7:34 AM MarketMaven M ​sorry
7:35 AM Flash G ​haha sassy
7:35 AM Mathew w ​GLA mentioned yesterday nice open. Still long and strong that guy.
7:35 AM MarketMaven M ​in $ETRM heavy dyty
7:35 AM MarketMaven M​ 7.04 3000
7:36 AM Curtis Melonopoly ​careful
7:36 AM Flash G ​in with ya hre small $ETRM
7:36 AM MarketMaven M ​$VRX 52 week lows so a good place to try too
7:37 AM Curtis Melonopoly​ good calls
7:38 AM Curtis Melonopoly ​watching 5 min candle $ETRM
7:38 AM MarketMaven M ​it will go Curt
7:39 AM MarketMaven M​ In $DIS on the break
7:39 AM Flash G ​ya my swing has been great gong back weeks now
7:40 AM Flash G ​$WYNN off your watchlist CUrt jig
7:40 AM MarketMaven M ​Stop on $ETRM at 200 MA 3 min just south
7:41 AM MarketMaven M​ will add there for a snap
7:41 AM MarketMaven M ​love $WYNN here but too much to early to manage
7:42 AM Curtis Melonopoly ​long $DRWI 1.62 
7:45 AM Curtis Melonopoly ​stop 1.54
7:47 AM MarketMaven M​add $ETRM 6.77 tight now
7:48 AM Curtis Melonopoly​ add $DRWI 2.01 another 5000
7:49 AM Eric Lunianga ​Good morning to all, what a time to be alive!
7:49 AM Curtis Melonopoly​ expiring 5 min candle test on deck
7:49 AM MarketMaven M​ hey eric!
7:49 AM Flash G​ peace eic
7:49 AM Flash G ​eric
7:50 AM Curtis Melonopoly​ stop 2.01
7:52 AM MarketMaven M​ nice trade curt
7:53 AM Curtis Melonopoly ​trailing out 10000 shares $DRWI
7:54 AM wintonresearch ​hey all
7:54 AM MarketMaven M ​fantastic trade
7:54 AM MarketMaven M​ hey nich
7:54 AM MarketMaven M​ school in session with curt’s $DRWI trade wow
7:54 AM Curtis Melonopoly ​out $DRWI 2.14 average decent win
7:55 AM Flash G ​?
7:55 AM Curtis Melonopoly ​ugh too early
7:55 AM Curtis Melonopoly ​hey Nicholas
7:56 AM MarketMaven M ​$ETRM riding 200MA 3 min
7:57 AM wintonresearch ​fyi- FNMA moving up
7:57 AM wintonresearch​ great swing fanny imo
7:58 AM Flash G​ profit is profit
7:58 AM wintonresearch​ amen Flash
7:58 AM MarketMaven M ​stopped on $ETRM btw
7:59 AM Flash G​ holding small $ETRM will play wash out snap with 3x
7:59 AM MarketMaven M​ not a bad exit point curt
7:59 AM Curtis Melonopoly​ ya
8:00 AM Curtis Melonopol y​✌
8:00 AM wintonresearch​ $MJTK chart continues to look like it will rip
8:00 AM wintonresearch​ quietly setting up for weeks
8:01 AM Curtis Melonopoly​stopped $DRYS 1.69 last 25%
8:01 AM MarketMaven M ​luv $MJTK chart
8:02 AM wintonresearch​ agree MM
8:02 AM wintonresearch ​i think it could multibag given chart and mkt cap of 1M
8:02 AM MarketMaven M​ $VRTU jiggy
8:03 AM MarketMaven M ​Out $MGI loss
8:03 AM Curtis Melonopoly​ unusual for u maven
8:03 AM Curtis Melonopoly ​usually watching your school session
8:04 AM MarketMaven M ​ya smaller losses
8:04 AM MarketMaven M ​happy way up this month
8:05 AM MarketMaven M ​really glad I followed Curt in to $GOOGL and $AMZN when I did they have helped muchly
8:05 AM MarketMaven M​ $AMDA I thought they would run today
8:06 AM Flash G ​$NKE on watch with me also here – was there any news? cant find it
8:06 AM MarketMaven M​ $WAC popping
8:08 AM MarketMaven M​ Mathew…. what do you think of $UGAZ entry today long?
8:08 AM Flash G ​i thnk ur late MM
8:09 AM Mathew w​ I was actually just thinking of adding a bit after trimming some yesterday. I like it if it can reclaim 3 in short order
8:09 AM Curtis Melonopoly ​$SINO interesting
8:11 AM Curtis Melonopoly​ I think Nicholas u were alerting $SINO
8:11 AM MarketMaven M​ ummm $UGAZ on watch I will wait
8:11 AM MarketMaven M​ thanks guys for opinions
8:12 AM Mathew w ​/NG 9 day down a 2.921 FYI and 200 at 2.959
8:13 AM Flash G ​$HYG phew
8:13 AM Flash G​ Trailing out my $COKE swing for decent roi
8:14 AM Flash G ​Trailing out of $OAKS – THANKS CURT! Fantastic win on that one! Swing
8:14 AM MarketMaven M ​$OAKS such a great swing holy congrats guys really nice
8:15 AM Curtis Melonopoly​ np flash welcome
8:15 AM MarketMaven M ​thanks Mathew
8:17 AM MarketMaven M ​u know curt… i should have taken all your January swings haha
8:17 AM Curtis Melonopoly ​hindsight
8:17 AM Flash G​s oooo GoldCorp… wathcing very close now $GC
8:26 AM MarketMaven M ​got quiet quick
8:26 AM Curtis Melonopoly ​watching $CATB over 2
8:27 AM MarketMaven M​ $GENE action
8:28 AM Flash G​ $CATB clears that 200 day there and it could be gone for a while
8:28 AM wintonresearch ​yes Curt, SINO is interesting- all the shippers going forward
8:28 AM Curtis Melonopoly ​$SINO chart especially IMO
8:28 AM wintonresearch ​but SINO has a nice curl on MACD and has that look- plus it had that crazy move months ago
8:29 AM wintonresearch ​i think we are going back to the glory days
8:29 AM Curtis Melonopoly​ yup
8:29 AM wintonresearch ​i love me some Springsteen
8:29 AM Curtis Melonopoly ​yup
8:30 AM Flash G ​I guess Natty may be decent MM I just looked through it again
8:31 AM wintonresearch​ Curt what do you think of MJTK
8:31 AM wintonresearch ​fwiw- my signals are suggesting a really powerful move is coming over the next month in that one
8:32 AM Mathew w​ JNUG small starter after quick scalp off of the open lows. Will give this one more leash
8:32 AM Curtis Melonopoly ​I don’t know neigh about it
8:33 AM Curtis Melonopoly ​I’ll research tonight but my guess if you’re catching the right energy it’s a watch!
8:33 AM Flash G ​$JNUG is my main play right now Mathew
8:38 AM wintonresearch ​also I’m getting – do not forget about $DRYS
8:39 AM wintonresearch ​i still think it’s going to turn up and run
8:39 AM wintonresearch​ over the next few weeks
8:40 AM wintonresearch​ most of this is from some proprietary forecasts i’ve completed in the last day or two
8:41 AM Curtis Melonopoly​ looking at $TGTX for swing here
8:41 AM MarketMaven M​ $DRYS can be really aggressive lol
8:43 AM Curtis Melonopoly​ would like to see OA at bottom there turn green on 15 min and stich RSI turn up and chart bot buy signal all on 15 min $TGTX for a large swing play
8:44 AM Curtis Melonopol y​so I’ll watch it
8:45 AM MarketMaven M ​$CATB likely rocket yet today
8:46 AM Flash G​ $WLL blocks
8:46 AM Flash G ​$WG pops
8:51 AM MarketMaven M​BTD on $SPY?
8:52 AM Flash G ​yolo
8:53 AM Curtis Melonopoly​ going on early lunch catchya in a bit
8:53 AM Flash G ​k
8:55 AM Flash G​ $NYMO crush
8:57 AMMarketMaven M​$NYMO suggests your $JNUG might be offside?
8:57 AM Flash G ​iffy
9:02 AM Mathew w​ JNUG is a swing for me from here off of GDX levels. GDX needs to clear and close above 22.2 to let me know that we should be moving up from here
9:02 AM Mathew w ​I went super small and gave it a wide margin but won’t be afraid to close it if things look crappy
9:02 AM MarketMaven M ​Starting to $BTD here
9:03 AM MarketMaven M ​Thanks Mat I may follow you guys soon
9:04 AM Mathew w ​I really don’t want to take any new large positions right before FOMC tomorrow so if you’re on the fence keep that in mind
9:04 AM MarketMaven M​ Thats my thoughts too and the markets I think
9:10 AM MarketMaven M ​$AVGO serious pressure here – watching wash-out now for a possible play
9:13 AM MarketMaven M ​$CLRB jiggy
9:19 AM Curtis Melonopoly​. crude on watch
9:20 AM Curtis Melonopoly​3 0 min candle bullish
9:20 AM Curtis Melonopoly​ serious volume
9:22 AM Curtis Melonopoly​ FX $USOIL $WTI Needs to hold 47.70 market though and if it loses 47.30 then down another leg. 47.30 to 47.70 the test for this leg.
9:29 AM Curtis Melonopoly ​last 4 1 min candles sitting right on 47.70 lol
9:44 AM MarketMaven M ​that grey line is the magic line curt?
9:44 AM Curtis Melonopoly ​lol yup
9:45 AM Curtis Melonopoly ​math
9:45 AM MarketMaven M ​magic math
9:45 AM Curtis Melonopoly ​ok
9:53 AM MarketMaven M ​Looks like crude chart may repair at least intra
9:54 AM Curtis Melonopoly​ so much pressure on it but that’s the mark as you say at least intra
9:55 AM Flash G​ wactching $FATE $CUR $GOOGL here
9:57 AM MarketMaven M ​zzz
10:37 AM Mathew w​ Bumping stops on UEC and HL swings. Fairly tight on both.
10:41 AM Curtis Melonopoly ​$SBUX down again today?
10:47 AM Curtis Melonopoly​ $MGM NHOD $WYNN watching resistance for break or fail
10:48 AM wintonresearch ​watch $TGB here
10:48 AM wintonresearch ​at 50 dma
10:56 AM Mathew w​ APVO making a nice move here
11:01 AM Mathew w​ $PLG a mathew most hated pain trade showing up on the scanners. Im back in from the 1.4’s, this thing can run then kick you in the face all in the same day so careful if diving in
11:01 AM Mathew w ​that said, I like it for a run into the 2’s
11:12 AM Curtis Melonopoly​ a number of plays waking up here let’s hope for some follow through
11:21 AM Curtis Melonopoly ​Gold may start popping soon here
11:24 AM Mathew w ​Im really expecting some dollar weakness tomorrow after the fed releases their statement. I expect a hike with language that they will raise when appropriate but delayed and not in June
11:35 AM MarketMaven M​ ?
11:36 AM Curtis Melonopoly​ $TGXT at its extension ratchet if long
11:39 AMCurtis Melonopoly ​wow $TGXT may go for a double extension ??
11:42 AM Mathew w ​Nice play on that
11:44 AM MarketMaven M ​how’d you call that one?
11:45 AM Curtis Melonopoly ​just a feeling
11:47 AM MarketMaven M​ ?
11:52 AM MarketMaven M ​$RAD popping on rumours
12:05 PM MarketMaven M​ $TSLA bullish signals
12:13 PM MarketMaven M $XGTI
12:16 PM Flash G ​quiet
12:24 PM Mathew w ​fed lock up in progress I guess.
12:29 PM MarketMaven M​ yepp
12:33 PM Curtis Melonopoly​ watching $X $TGXT and the others from watch list on premarket report
12:33 PM MarketMaven M​ $NVCN on scanner
12:41 PM MarketMaven M ​$TSRO kicked hard
12:48 PM Curtis Melonopoly​ $MGTI up
1:18 PM MarketMaven M​?
1:19 PM Curtis Melonopoly​.bear is getting emotional in twitter ????
1:23 PM Curtis Melonopoly ​they might run crude up tonight for a gap fill
1:24 PM Curtis Melonopoly ​If Gild failed I will add to $DUST swing
1:24 PM Curtis Melonopoly ​If $GOOGL holds may add to swing.
1:26 PM Curtis Melonopoly ​$X divergent to bull side… over 200 on 15 min is a long
1:30 PM Mathew w ​gold looks horrible here with rest of the metals
1:35 PM MarketMaven M​ $RTK bounce
1:58 PM Curtis Melonopoly ​WELL THAT’S ALL. have a great night!
1:59 PM MarketMaven M ​see ya curt n all
1:59 PM Flash G​,bye guys

 

Be safe out there!

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Article Topics:  $DRWI, $ETRM, $DRYS, $TGTX, $OAKS, $JNUG, $DUST, $GOOGL, $COKE – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM, $DRYS, $BLTG – $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


Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Friday March 10, 2017; $CATB, $DRYS, $SPXL, $SPY – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $DRYS, $SSH, $ASM etc 

Intro:

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

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

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

Notices:

 

Per previous;

We’re in middle of creating and editing a swath of educational videos – out soon.

The ability for members to access transcripts on demand we are working on – should have that done soon.

The Compound Trading YouTube Channel now has the daily trading chat room full length video uploaded daily with all stock trades for the day.

Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.

And lastly, the live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.

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

In play today in chat room; $CATB, $DRYS, $SPXL / $SPY.

Some of the members caught $CATB. I got $DRYS for an excellent trade (holding 25%)  and closed my $SPXL swing.

$CATB, premarket, trading, resuults

$CATB Up 31% Premarket – We’re trading it.

The premarket trading plan;

Premarket was all about $CATB;

Twitter post that includes a lot of the daily trading action (click on);

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

Ticker Last Change Volume Signal
ICLD 0.05 60.71% 159063900 Top Gainers
CATB 2.04 53.38% 59421400 Top Gainers
MRVC 10.15 43.97% 269525 Top Gainers
INTT 6.50 32.65% 562800 Top Gainers
CNTF 2.11 31.06% 114609 Top Gainers
LLEX 4.20 27.27% 302000 Top Gainers
ICLD 0.05 60.71% 159063900 New High
INTT 6.50 32.65% 562800 New High
QBAK 8.40 22.63% 582862 New High
RNN 0.38 19.31% 21856457 New High
MASI 95.37 0.61% 663300 Overbought
AUPH 8.50 9.25% 21925492 Overbought
HFXE 18.10 0.89% 2710490 Unusual Volume
CATB 2.04 53.38% 59421400 Unusual Volume
INTT 6.50 32.65% 562800 Unusual Volume
MRVC 10.15 43.97% 269525 Unusual Volume
ATU 27.90 5.48% 712700 Upgrades
BCLI 4.08 -2.16% 54957 Earnings Before
VSTO 20.71 0.98% 989800 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderate size to micro sizing)  – $SPXL, $DUST, $ONTX, $XOM, $NE, $BLKG, $DRYS, $USRM, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio):

The Markets Looking Forward:

The markets are looking a little toppy – we’ll see. As you will see below, with our new Swing Trading KISS post – I am paying close attention to the MACD on main charting I follow – at time of possible turn I find it simple.

Recent notes in post market reports that still apply,

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

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

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

Get your vote in on the next leg in Gold being up or down!

Silver $SLV:

Crude Oil $USOIL $WTI:

Volatility $VIX:

Pre previous’ $VIX has been flat for some time, however, our algorithmic modeling suggests a possible time / price cycle coming due soon. It is possible the oil sell off was the time-price cycle of note. Here again will await weekend algo charting updates before I do much.

$SPY S&P 500:

Per previous; $SPY has been trading perfectly within our model and see no divergence yet, however, we are watching the time /price cycle in our $VIX model very close here now.

Natural Gas:

NA

Momentum Trades for the Day:

$DRYS was my momentum play and it worked out well. Some of the others in the room traded some others succesfully, but that was my play.

Swing Trading:

Here’s the latest public edition of keep it simple swing charting;

The Swing Trading Twitter feed can be found here: https://twitter.com/swingtrading_ct.

Algorithmic Chart Models:

NA

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

Live Trading Chat Room Transcript: (on YouTube Live)

Compound Trading Stock Chat-room Transcript:

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

5:56 AM MarketMaven M ​Premarket $TEUM $CATB $ORIG $AXTA $BYSI $FMSA $PVG $SOXS $UGAZ $ING $CBRX $VRX $YRD $MT $ASM

5:57 AM Flash G ​Hey MAven

5:57 AM MarketMaven M ​Flash!!!

5:57 AM MarketMaven M​Today is our day!

5:57 AM MarketMaven M ​hehe

5:57 AM Flash G ​yepp

5:58 AM MarketMaven M ​$PRKR ParkerVision Completes Sale of $10 Million Under ATM

5:59 AM MarketMaven M ​Upgrades $FLY $LHCG $YUM $CPT $FMSA $ASML $IBKC $CNSL $INAP $ATU $ABBV $MRO $SRRA $FRAC $COBZ $HIMX

5:59 AM MarketMaven M ​Downgrades $GES $PAY $IONS $ABCO $LOXO $MD $KKMB $SGRY $DG

6:00 AM MarketMaven M ​8:30am Employment Situation 1pm Baker-Hughes Rig Count

6:01 AM MarketMaven M ​Goldman bearish on Ionis, sees 45% downside risk; shares slip 5% premarket

6:02 AM MarketMaven M ​$ULTA shares down 4.3% premarket

6:03 AM MarketMaven M ​Valeant upsizes debt offering to $3.25B; shares ahead 3% premarket

6:03 AM Flash G ​Long $CATB

6:04 AM MarketMaven M ​GL

6:06 AM Curtis Melonopoly ​Morning guys! I will do market open voice broadcast. see ya then Coffee time.

6:06 AM MarketMaven M ​k

6:19 AM Curtis Melonopoly ​Jobs report on deck

6:30 AM Curtis Melonopoly ​Jobs 235k

6:31 AM Curtis Melonopoly ​looks like a decent open coming

6:32 AM Curtis Melonopoly  ​My $AMZN swing trade looking promising. … like the chart here

6:37 AM MarketMaven M​ $CATB watch for open

6:37 AM MarketMaven M ​and $TUEM

6:50 AM MarketMaven M​ Momos $TEUM $CATB $PRKR $VCEL $UGAZ $BP $AUPH $SNAP

6:53 AM Edward Johansson ​Might be a problem with the epic password today – I’ve just sent an email through to check.

6:53 AM MarketMaven M​ $DXY under pressure PM

6:53 AM Curtis Melonopoly ​ok

6:53 AM Curtis Melonopoly ​I’ll check

6:54 AM Edward Johansson ​thanks

6:56 AM Curtis Melonopoly ​reset retry

6:57 AM Edward Johansson ​Perfect, I’m in now. Thank you Curtis.

6:57 AM MarketMaven M ​Might have to long Gold here

6:57 AM Curtis Melonopoly ​no prob

6:57 AM Flash G​ agree

6:57 AM MarketMaven M​ stay away from oil for a day or two!!!! ? my opinion

6:57 AM MarketMaven M ​lol

6:58 AM MarketMaven M ​Hang out in here Ed and lets run some momo stocks ?

7:00 AM Edward Johansson ​lol yeah likely not a good time

7:00 AM MarketMaven M ​i think he left us

7:00 AM MarketMaven M ​oh there he is

7:00 AM MarketMaven M ​ya stay with us lol ?

7:00 AM MarketMaven M​ haha

7:00 AM Edward Johansson ​will see what we can catch, bit hard though, I only have the chat window open as I’m still at work

7:01 AM MarketMaven M​ ok

7:02 AM Flash G​ $CATB oing well

7:04 AM Flash G ​today oil may go lol

7:05 AM MarketMaven M ​prob Sunday night

7:06 AM MarketMaven M​ watching miners close here

7:07 AM Brian Schwartz ​Message deleted by Compound Trading.View deleted message

7:08 AM MarketMaven M ​broadcast at open

7:08 AM MarketMaven M ​if they’re started you better not miss them lol

7:08 AM Flash G ​lolol

7:09 AM Flash G ​can you guess how long he’ll be allowed in?

7:09 AM MarketMaven M ​10, 9, 8… lolol
7:11 AM Brian Schwartz was timed out by Compound Trading for 300 seconds.

7:11 AM
Compound Trading ​Protected: PreMarket Trading Plan Fri Mar 10 $TEUM $CATB $PRKR LINK: https://compoundtrading.com/premarket… PASSWORD: PREMARKET031017PRE

7:12 AM
Compound Trading ​Enjoy your timeout Brian

7:12 AM MarketMaven M ​bahahaha 13 seconds it took

7:13 AM Curtis Melonopoly​?

7:13 AM MarketMaven M ​that made my day – NEXT!

7:13 AM Flash G ​Chart bot on $CATB

7:14 AM MarketMaven M ​I wanted to say to him we been in here since like 5 am or something lol

7:14 AM MarketMaven M ​ya I see that flash way to GO!!!!

7:17 AM wintonresearch​ yes gold looks v interesting now

7:18 AM wintonresearch​ morning peeps

7:18 AM Curtis Melonopoly ​hey

7:18 AM MarketMaven M​ hey Nich!

7:18 AM Flash G ​mornin

7:19 AM MarketMaven M ​likely go long miner’s soon

7:20 AM Mathew w​ Gold does look decent. I’ll sit on my juniors until we can reclaim 1218/20

7:20 AM Curtis Melonopoly ​hey Mat

7:21 AM Flash G​ $CATB off some

7:25 AM Mathew w ​hey everyone.

7:25 AM MarketMaven M ​a lot of bulls on social pounding chests

7:25 AM Mathew w ​New swing opened yesterday wanted to do some DD on it last night. Long CRK play with natty

7:25 AM Mathew w ​Has been killed but 2017 guidance was great

7:26 AM Curtis Melonopoly ​$TEUM halt reg

7:28 AM Curtis Melonopoly ​on the mic

7:29 AM Curtis Melonopoly ​$CATB on watch at open

7:32 AM Curtis Melonopoly​ $DRYS stop at 1.79

7:34 AM wintonresearch ​THM worth watching

7:34 AM wintonresearch ​bottom fish

7:34 AM Curtis Melonopoly ​Closed 25% $DRYS 1.94

7:34 AM Mathew w​Im still holing THM and PPP. Figure they can only fall so far lol

7:34 AM Curtis Melonopoly ​hold 25% $DRYS

7:35 AM Curtis Melonopoly​ $SPXL out 128.40

7:37 AM MarketMaven M ​I like $DRYS starting my position small here

7:37 AM MarketMaven M ​Swing in to Monday

7:37 AM MarketMaven M ​I think they’ll run it

7:40 AM MarketMaven M ​adding to $DRYS over 2 dolla holla

7:40 AM FlashG ​long $JNUG start

7:40 AM Flash G​ $THM interesting Nicholas

7:41 AM MarketMaven M​ $DRYS add at 2.01

7:42 AM MarketMaven M​ $TENX getting pumped here

7:44 AM MarketMaven M ​better stay above 2.01

7:44 AM wintonresearch​ $DRYS an ideal stock if we are headed into another bubble as i think we are

7:45 AM wintonresearc h​shippers are in a +ve seasonal trend

7:45 AM wintonresearc h​$ESEA another nice one

7:45 AM Curtis Melonopoly ​likely ya

7:45 AM wintonresearch​ ESEA has been quiet- but i like emerging mkts and i like that it is tiny

7:46 AM Curtis Melonopoly​ added some $BLKG at 24

7:46 AMwintonresearch​fwiw my signals suggest shippers like ESEA likely to head up into mid-March, so we’ll see

7:47 AM Curtis Melonopol y​I hold it. … being patient $ESEA

7:50 AM MarketMaven M ​I sold I’m a wimp flat

7:50 AM MarketMaven M ​$DRYS

7:50 AM Flash G​I closed $CATB small gains

7:50 AM wintonresearch ​$LTBR broke above 50dma

7:51 AM Flash G ​The weekend swing for me looks like miners

7:51 AM wintonresearch​ wee nuclear fuel stock

7:51 AM wintonresearch ​5M mkt cap

7:51 AM Mathew w ​HL quick trade against yesterdays lows. With moiners heating up I like this to get over 5 in a hurry, if not I’m out at about a 10 cent per share loss

7:51 AM Curtis Melonopoly ​$DRYS at VWAP holding 25% 1.79 stop

7:52 AM MarketMaven M ​$AUPH nHOD

7:53 AM MarketMaven M ​shit $DRYS bouncing lololol

7:53 AM Flash G​ yeppers

7:54 AM wintonresearch​ future headline: DRYS takes shorts to cleaners?

7:54 AM Curtis Melonopol ​haha

7:55 AM Curtis Melonopoly ​this afternoon could be YUGE for $DRYS with short covering b4 weekend if it holds 2 here

7:55 AM wintonresearch​ yep

7:56 AM MarketMaven M ​never thought of that

7:56 AM Curtis Melonopoly ​big if

7:56 AM Flash G​ $CATB running

7:56 AM Flash G ​sold too soon

7:57 AM Flash G ​profit is profit i guess

7:58 AM Curtis Melonopoly ​chart bot on buy side for $SPY here

7:58 AM Flash G ​$CATB 2 test

7:58 AM Flash G ​49%

8:00 AM Flash G ​it’s through

8:00 AM MarketMaven M ​wow

8:01 AM MarketMaven M​ $PRKR wash snap bounce long

8:01 AM MarketMaven M ​2.50 1000 shares

8:01 AM MarketMaven M​ 2.56 now HOD

8:02 AM MarketMaven M​$ DRYS 2.00

8:03 AM Curtis Melonopoly​ They’re running $SPY without oil

8:03 AM MarketMaven M ​$PRKR 2.65 now

8:03 AM MarketMaven M ​nHOD

8:04 AM MarketMaven M ​add 2.62

8:05 AM MarketMaven M ​1000

8:06 AM MarketMaven M ​2.68 nHOD $PRKR

8:06 AM Flash G​ fantastic play maven

8:07 AM MarketMaven M ​sold 2.67 2000 share out

8:07 AM MarketMaven M​ a little momo win:)

8:07 AM Curtis Melonopoly ​nice work

8:07 AM Curtis Melonopol y​ay want to trim and trail in future ? something I’ve had to work on

8:08 AM MarketMaven M ​omg ya it’s still going fml

8:08 AM Flash G ​good point

8:08 AM Flash G ​i had a hard time with that too

8:10 AM Curtis Melonopoly ​$BLKG not exactly rocking it lol

8:10 AM Curtis Melonopoly ​may have been a good exit maven

8:12 AM Curtis Melonopoly​ see

8:16 AM Curtis Melonopoly ​$DRYS holding at 2.05

8:19 AM Flash G ​Long $PRKR 2.77

8:20 AM Flash G ​curt that stoch rsi was at bottom and stock was going up – what a set up that was

8:20 AM Curtis Melonopoly ​ya I had my finger on trigger saw that but time of day stopped me jeez

8:21 AM MarketMaven M ​i see what you guys mean

8:21 AM Flash G ​doesnt happen often maven

8:22 AM Curtis Melonopoly ​flash has the skills ??

8:26 AM MarketMaven M ​starter in $GALT

8:27 AM Flash G ​hey curt

8:27 AM Curtis Melonopoly ​hey

8:27 AM Flash G​ you should be in this

8:27 AM Curtis Melonopoly ​can’t chase

8:28 AM Curtis Melonopoly ​3 test

8:28 AM MarketMaven M ​lovve that trade flash

8:29 AM MarketMaven M ​stoch rsi did it again

8:29 AM Flash G​ ya thats why i said curt should jump in here

8:29 AM Curtis Melonopoly ​I don’t like the 3 test

8:31 AM Curtis Melonopoly ​ugh $BLKG

8:31 AM Curtis Melonopoly ​wow $CATB rocking it too

8:31 AM Curtis Melonopoly ​chart bot buy signal

8:33 AM Curtis Melonopoly ​crude oil close to yesterday lows

8:35 AM Curtis Melonopoly ​of crude $USOIL $WTI hits 48.40 I will likely take a long there’s a Fib there and more

8:37 AM Curtis Melonopoly ​$CATB 2.31 66% wow NHOD

8:40 AM Curtis Melonopoly​ that $CATB gap could fill

8:41 AM Curtis Melonopoly ​crazy but it could

8:46 AM Curtis Melonopoly ​whole float traded bow on $CATB

8:46 AM MarketMaven M ​flash

8:46 AM MarketMaven M ​stoch rsi at bottom

8:46 AM Flash G ​yepp

8:52 AM MarketMaven M ​sell signal from chart bot ther on $PRKR and last time it was right

8:53 AM Flash G ​Long $CATB 2.50

8:54 AM Flash G​ 2000 shares and a defined stop hard at 2.42

8:58 AM Curtis Melonopoly ​nice work flash

8:59 AM MarketMaven M​ Thinking $TSLA long here – chart set-up decent IMO for short term swing

8:59 AM MarketMaven M ​anyone?

9:00 AM Curtis Melonopoly​ chart may be so but hmm $TSLA

9:00 AM MarketMaven M ​you just don’t like him lololol

9:01 AM Curtis Melonopoly ​flash you may wanna trim some $CATB at 100% if it gets there

9:01 AM Flash G ​4 sure

9:02 AM Flash G ​my stop got hit anyway

9:02 AM Flash G​ nice little win

9:02 AM Flash G ​2.67

9:03 AM Flash G ​2.57

9:03 AM MarketMaven M ​no takers on $TSLA huh?

9:04 AM Flash G ​nope

9:04 AM Curtis Melonopoly ​nope x2

9:10 AM MarketMaven M ​$CATB Wedbush reiterated an outperform rating and issued a $17.00 price

9:12 AM Flash G ​Thinking $TWTR long

9:12 AM Flash G​ $TWTR $GNCA $CATB bn my watchlist

9:24 AM Curtis Melonopoly​.lunch time cys in 30

9:24 AM MarketMaven M ​k

9:24 AM Flash G ​ya

9:27 AM Mathew w​ CRK add down here. Long term into summer swing

9:28 AM Flash G​ $TWTR almost convinced here

9:44 AM wintonresearch​ $SINO moving up

9:44 AM wintonresearch ​shipper

9:55 AM Curtis Melonopoly​ $CATB Nice bounce off VWAP

9:55 AM Curtis Melonopoly ​text book

9:55 AM Curtis Melonopoly ​10% bounce

9:56 AM Curtis Melonopoly​ $BLKG accumulation at 19

9:57 AM Curtis Melonopoly ​$DRYS ?

10:00 AM MarketMaven M ​lunch hour 30 min nap ?

10:00 AM MarketMaven M ​trader nap

10:04 AM MarketMaven M​ zzz

10:04 AM Flash G​ yepp

10:06 AM MarketMaven M ​?

10:09 AM wintonresearch​ Curtis- do you or anyone else know what short % is on DRYS?

10:11 AM wintonresearch ​i googled and looks like 9M shares – which is not a lot

10:11 AM wintonresearch ​but maybe that’s a good thing

10:11 AM wintonresearch ​might be able to get some momentum

10:16 AM Mathew w ​Those short numbers are usually dated and DRYS has probably done 5 offerings sense then lolol

10:34 AM wintonresearch​ yeah so i have no idea what the figures are really

10:34 AM wintonresearch ​if they are adj for split or what

11:03 AM Curtis Melonopoly ​no to drys

11:03 AM Curtis Melonopoly ​sorry was 9n 3el conference

11:17 AM wintonresearch ​NAK back near 200dma

11:18 AM wintonresearch​ nakity nak don’t talk back!

12:01 PM wintonresearch​ sent you some DMs Curtis

12:01 PM wintonresearch ​on twitter ?

12:39 PM Curtis Melonopoly ​ok

12:53 PM Mathew w​ out early today. holding my hl and crk swings over the weekend. have a good one see ya next week

12:57 PM wintonresearch ​ciao Mat

1:54 PM Curtis Melonopoly​ sorry I got caught up in conference

1:54 PM Curtis Melonopoly ​have a great night peepes

1:54 PM MarketMaven M​ ?

1:55 PM MarketMaven M​ no probs curt +have a good one too

1:55 PM Flash G​ cya guys and gals

1:58 PM Curtis Melonopoly​ $CERC STRONG close

2:00 PM Flash G​ night

 

Be safe out there!

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Article Topics: $CATB, $DRYS, $SPXL, $SPY – $XOM, $NE, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM, $DRYS – $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


Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Thursday March 9, 2017; $DRYS, $SPXL, $SPY, $USO, $USOIL, $WTIC, $BLKG, $ELF, $MDGS – $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $SSH, $ASM etc 

Intro:

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

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

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

Notices:

Per previous;

We’re in middle of editing and uploading a swath of educational videos (may take a few days on that).

Also, the ability for members to access transcripts on demand we are working on – should have that done soon.

The Compound Trading YouTube Channel now has the daily trading chat room full length video uploaded daily with all stock trades for the day.

Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.

And lastly, the live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.

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

Wednesday at end of day I tweeted out that I expected the shippers to run Thursday, and they came alive.

In play today in chat room; $DRYS, $SPXL, $SPY, $USO, $USOIL, $WTIC, $BLKG, $ELF, $MDGS

Premarket started with $MDGS news and it was traded up significantly but I didn’t take a trade.

$ELF – A number of traders in our room did well on this momentum play, I didn’t take a trade.

This tweet has a string of trades I took and various discussions if you click on it.

$DRYS – My day started with a premarket entry in $DRYS (the night prior I took an initial entry in $DRYS right before the bell EOD). I ended up closing two portions later today (25% each) when $DRYS was knocking on 2.00 and I am holding 50%. So it is a decent swing for sure so far.

$SNAP – I took a small momo trade and stopped out quick for a small loss.

$SPXL – The crude oil sell off I assumed would stop early in the day (with crude at a critical algorithm support level) but it didn’t and so my two entries in $SPXL (which is a long 3x leveraged $SPY product) took a bit of pain but recovered near end of market session and after market $SPY was looking better.

$BLKG – Took an entry in $BLKG literally one minute before it spiked. It’s a small OTC play.

FX: $USOIL $WTI related position in $USO I took a small loss on (.7 cents) because a key support level in our algorithm was breached and I wasn’t comfortable with a possible continuation in sell-off. Our algorithm updates will allow me to trade the new trend range soon when published so I just cut bait early. I also took the trade because in overnight commodities trading there were chart signals of a bullish divergence also. So the trade was well thought out, but catching a knife isn’t easy – especially in a commodity that is selling off.

$USOIL, $WTI, Trading, Results, Postmarket

Bullish divergence. AO, Stochastic RSI, TSI, Vol, Chart Bot on Buy FX $USOIL $WTI – #Oil $CL_F $USO $UCO $UWT $WTIC #OOTT

FX: $USOIL $WTI Crude oil stopped is carnage right before the 200 MA so I thought I was safe also. So the algorithm support, Fibonacci support and classic simple charting all agreed… but…

This Periscope video explains my $USO trade set-up (Oil related ETF).

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

Ticker Last Change Volume Signal
OCRX 1.89 71.82% 49616180 Top Gainers
CMTL 13.78 23.81% 3116100 Top Gainers
CRIS 3.08 20.78% 3160600 Top Gainers
MXPT 5.51 20.31% 345700 Top Gainers
CBAY 4.09 20.29% 1168820 Top Gainers
CUR 5.30 19.64% 692900 Top Gainers
QBAK 6.85 14.36% 213246 New High
PIRS 2.85 10.47% 1257700 New High
AUPH 7.78 8.66% 27412997 New High
STRL 9.43 2.61% 545700 New High
MASI 94.79 0.65% 1160600 Overbought
AUPH 7.78 8.66% 27412997 Overbought
SRET 14.35 -0.07% 1337900 Unusual Volume
MLPX 14.42 -0.28% 5430100 Unusual Volume
SYG 68.22 -0.19% 44900 Unusual Volume
OCRX 1.89 71.82% 49616180 Unusual Volume
ABM 42.35 -0.35% 665000 Upgrades
ABEV 5.37 -0.56% 31270087 Earnings Before
CAPN 0.72 -6.94% 94192 Insider Buying


Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderate size to micro sizing)  – $SPXL, $DUST, $ONTX, $XOM, $NE, $BLKG, $DRYS, $USRM, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio):

Trading and The Markets Looking Forward:

As above crude oil tanked hard. Gold, Miner’s and Silver are off and on watch. US Dollar threatening a break-out. $SPY calm and $VIX calm.

Recent notes in post market reports that still apply,

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

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

The US Dollar is threatening important upside levels on the algorithmic model charting – we’ll see.

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

Our algorithm was right about the upside extensions and Gold came off right where Rosie the Gold Algo warned. It continues under pressure. Rosie’s new updates will be interesting.

Silver $SLV:

As above with Gold, watching now. Awaiting new SuperNova Silver Algo charting (expected this weekend).

Crude Oil $USOIL $WTI:

As above, tanked hard Wednesday and some Thursday and watching now. Awaiting EPIC the oil Algo updates.

Volatility $VIX:

$VIX has been flat for some time, however, our algorithmic modeling suggests a possible time / price cycle coming due soon. It is possible the oil sell off was the time-price cycle of note. Here again will await weekend algo charting updates before I do much.

$SPY S&P 500:

$SPY has been trading perfectly within our model and see no divergence yet, however, we are watching the time /price cycle in our $VIX model very close here now.

Natural Gas:

NA – watching. I could have nailed that bottom as our test algo (not one of the six formally released charting algos) was near spot on with the recent bottom call but I didn’t take the trade.

Momentum Trades for the Day:

As above I traded $DRYS on overnight swing, $USO, $BLKG, and $SPXL. I missed the $OCRX momo play later in the day – I was on it, but didn’t take a trade.

Swing Trading:

My $GOOGL play from the swing trading side of our business is doing very well.

And $DUST swing trade continues to do well.

As above near all of our swing trades in 2017 have been home runs.

The Swing Trading Twitter feed can be found here: https://twitter.com/swingtrading_ct.

Algorithmic Chart Models:

As noted above, these are doing exceptionally well also.

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

 

Live Trading Chat Room Transcript: (on YouTube Live)

Compound Trading Stock Chat-room Transcript:

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

5:09 AM MarketMaven M ​morning:)

5:09 AM Flash G ​hey Maven

5:10 AM Flash G​ Just talked to Curt, he won’t be broadcasting till market open fyi

5:10 AM MarketMaven M​ cool

5:11 AM MarketMaven M ​If crude breaks that 200 omg lol

5:11 AM MarketMaven M ​Flash… Curt’s still short Gold correct $DUST?

5:11 AM Flash G​y es

5:12 AM Curtis Melonopoly​ Catch u guys at market open.

5:15 AM MarketMaven M​ This is a lot better on my phone than Webinato was

5:15 AM Flash G​ yepp

5:17 AM MarketMaven M​ crudes gonna lose that 200 MA imo

5:17 AM MarketMaven M​ oil on its way to 10 imo ?

5:17 AM Flash G ​ha

5:18 AM MarketMaven M​ grabbing coffe – catchya when action picks up

5:45 AM Curtis Melonopoly​ ECB decision on deck

5:45 AM Curtis Melonopoly ​ECB unchanged

5:48 AM Curtis Melonopoly ​$VVS Up premarket

5:49 AM Curtis Melonopoly ​$VVUS

5:53 AM Curtis Melonopoly ​$OCRX up again premarket

6:00 AM Curtis Melonopoly ​Upgrades $TEF $GEF $XOG $CPE $AMFW $ABM $OA $TECD $HIMX $FPO

6:01 AM Curtis Melonopoly ​Downgrades $TYPT $GILD $EXPR $DSW $FINL $TLRD $CVRR $AERI $GES $BRSS $ARA $ASND

6:05 AM Curtis Melonopoly ​$CVM Direct Offering. 15M shares at $0.10/share

6:08 AM Curtis Melonopoly​ $ELF up 20% premarket

6:47 AM MarketMaven M​ $MDGS First MUSE procedure completed in China; Medigus up 25% premarket

6:49 AM MarketMaven M​ Premarket movers: $APRI $MDGS $ELF $VVUS $IFON $XTLB $DCTH $OCRX $GLBS $DRYS

7:03 AM
Compound Trading ​PreMarket Trading Plan Mar 9 $APRI $MDGS $ELF $VVUS LINK: https://compoundtrading.com/premarket… PREMARKET030917PR

7:04 AM MarketMaven M​ Gainers: $APRI $VVUS, $ELF, $XTLB $HSGX $OCRX $SMTC $XTNT $PIP $ERJ $DWT $KERX $RAD $AUPH $HIMX $SCO $RUSS

7:22 AM MarketMaven M ​$SSYS Stock Drops -6.43% Premarket Despite 4Q Beat

7:24 AM Curtis Melonopoly ​long $USO 1/5 starter 10.57 avg 2000

7:28 AM MarketMaven M​ With ya on $USO small 300 starter

7:30 AM Flash G​ $RNVA on watch

7:31 AM Curtis Melonopoly ​$SNAP long 23.49 small

7:32 AM Curtis Melonopoly​ 300 shares

7:32 AM MarketMaven M ​stopped small loss

7:33 AM Curtis Melonopoly ​$SNAP long 600 23.20

7:34 AM Flash G ​Long $ELF some

7:34 AM Curtis Melonopoly​ stopped 23.08

7:34 AM Curtis Melonopoly​ $SNAP

7:35 AM Flash G​ $MRNS starter here also

7:38 AM MarketMaven M​ re-entry on $USO here 300 shares

7:42 AM Flash G​ $INAP action

7:44 AM Mathew w​ Call me crazy but giving miners a chance here. Small JNUG tester against LOD

7:44 AM Mathew w​ High r/r set up entry 5.66 with stop about 20 cents lower

7:46 AM Flash G ​I think you’re right Mathew

7:48 AM MarketMaven M​ ya ya flash ok maybe lol bad open though again!

7:50 AMMarketMaven M​awesomely voodoo again

7:50 AM MarketMaven M ​u and those algos:)

7:50 AM MarketMaven M ​ok I am starting a pos in $NUGT small

7:50 AM Flash G ​haha

7:52 AM Curtis Melonopoly ​FX $USOIL $WTI hit 49.59 area and bounced to 49.80 fast – we’ll see if that area holds – holding for now $USO 1/5 size

7:53 AM MarketMaven M​ $XTLB nHOD dilution play

7:54 AM Mathew w ​Pretty boring open. Thought we might see some action but not much happening outside of nattyg finally keeping some momentum. As soon as I say that it’ll probably reverse though lol

7:59 AM MarketMaven M ​yuck

7:59 AM MarketMaven M ​I missed $OCRX

8:00 AM MarketMaven M ​up YUGE

8:00 AM MarketMaven M ​$AUPH nHOD’s also

8:00 AM MarketMaven M​ at least oil holding ?

8:00 AM Mathew w​ JNUG add same stop

8:07 AM Curtis Melonopoly ​starter in $SPXL 300 127.41

8:10 AM MarketMaven M​y ou’re a nut imo – both plays curt they seem contrary llllolol

8:10 AM wintonresearch ​did you guys notice uranium stock outperformance vs oil the last 2 days

8:11 AM wintonresearch​ oil down 5% and UEC up 6%

8:11 AM wintonresearch ​morning all, btw ?

8:13 AM wintonresearch ​i like your choice of SPXL

8:13 AM wintonresearch​ everyone else is bearish

8:14 AM wintonresearch ​watching for heavily oversold copper to begin to turn back up, as copper rise would confirm SPY rally

8:14 AM Curtis Melonopoly ​hey nicholas

8:14 AM Flash G ​ya morning nich!

8:16 AM wintonresearch ​btw potential free money alert

8:16 AM wintonresearch​ Sprott is looking to buy Central Fund $CEF

8:17 AM wintonresearch​ and CEF is trading at 5-6% discount to NAV

8:17 AM wintonresearch ​$CEF is a fund backed by real gold and silver, audited

8:17 AM Curtis Melonopoly​ nice

8:18 AM MarketMaven M ​thanks mr nicholas!

8:18 AM wintonresearch ​If Sprott’s offer is accepted holders will have option to take delivery of said bullion

8:18 AM wintonresearch​ so a yes vote is very likely ?

8:19 AM wintonresearc h​that’s why CEF went up 3% yest while gold was down yesterday

8:19 AM Curtis Melonopoly ​interesting info nich

8:21 AM wintonresearch​17.88 is NAV on CEF

8:21 AM wintonresearch ​trading now 16.80 ish

8:21 AM MarketMaven M ​I;m in $MDGS sorry didn’t alert was watching oil

8:22 AM wintonresearch​ Sprott made a similar offer and succeeded previously

8:22 AM wintonresearch​ anyway just putting it out there

8:24 AM MarketMaven M​ thanks nicholas

8:25 AM MarketMaven M​ closed $MDGS small gain .10 cents on 3000

8:27 AM Curtis Melonopoly ​$USO closed for .07 loss

8:29 AM MarketMaven M ​I’m holding – my position is a tiny one

8:33 AM wintonresearch​ silver stocks look to be hammering out a bottom if you see the SIL:SLV ratio

8:33 AM wintonresearch ​maybe a bit more chop

8:33 AM MarketMaven M ​good timing on $MDGS close

8:34 AM MarketMaven M I was just looking at the Silver charts and Gold

8:37 AM Flash G ​looks like PPT Yellen is juicing $SPY now

8:38 AM Curtis Melonopoly ​lol could be

8:39 AM Curtis Melonopoly ​I’m going to give it room

8:40 AM MarketMaven M​ a lot of $BMY chatter

8:41 AM Curtis Melonopoly​ $CATB holding VWAP so far…. on watch

8:47 AM Curtis Melonopoly ​$MDGS holding VWAP so far

8:59 AM Curtis Melonopoly ​my $GOOGLE swing rocking ?

9:05 AM Curtis Melonopoly​ sorry left ya for a second there… Internet spike

9:05 AM wintonresearch​ btw y’all keep eyes on $FNMA

9:05 AM wintonresearch ​i think it’s going to be a huge winner

9:06 AM Curtis Melonopoly ​long 1/5 add $SPXL 1271.19

9:07 AM Curtis Melonopoly​ 127.19

9:11 AM MarketMaven M ​Whats with $YELP

9:11 AM MarketMaven M ​$FNMA been watching close

9:15 AM Flash G​ $HIG blocks

9:28 AM Curtis Melonopoly ​$CATB HOD on deck

9:33 AM MarketMaven M ​$CATB is respecting VWAP curt

9:35 AM Mathew w​ Added to SWN swing this morning. This should really pick up in natty consolidates or heads higher. Lagging hard currently

9:38 AM Flash G ​lunch time

9:54 AM Mathew w​zzzzzzzzz

9:54 AM Mathew w​ Playing the miners a bit back and forth through $JNUG but not much action here. Trying to base as GDX comes into some support fibs

9:58 AM MarketMaven M ​lunch for me back soon

10:18 AM Flash G​.your $CELG rocking curt

10:19 AM Curtis Melonopoly ​yup

10:30 AM Curtis Melonopoly ​$CAT B/O

10:35 AM MarketMaven M​.Just waiting for liquidity in $CATB to go poof here lol

10:40 AM MarketMaven M ​there it is poof

10:40 AM Flash G​ lol

11:31 AM Curtis Melonopoly​ going for lunch

11:31 AM Flash G​.k

12:00 PM Curtis Melonopoly​ great pop on $OCRX

12:05 PM wintonresearch ​wild move on OCRX

12:05 PM Curtis Melonopoly​ $RXII Highs

12:11 PM Curtis Melonopoly​ my $DRYS overnight swing got some juice

12:23 PM Curtis Melonopoly​ closed 1/4 $DRYS overnight swing 1.79

12:24 PM Curtis Melonopoly​ 2000

12:25 PM wintonresearch​ Curtis fwiw i think DRYS could go on a huge rampage

12:25 PM Curtis Melonopoly ​ya

12:26 PM wintonresearch ​one of my clients got in on the original DRYS run from $4-5

12:26 PM wintonresearch​ he sold at $7 and was pretty happy- then it went nuts to $140 (if we count premkt) lol

12:27 PM wintonresearch ​i think we could see the back end of that original crazy shippers rally very soon

12:27 PM wintonresearch ​because i think the market is going to melt up again

12:28 PM wintonresearch ​and we are in +ve seasonal trend for shippers

12:29 PM Curtis Melonopoly ​dry index spike too

12:29 PM wintonresearch​ and because i think we’re going to see commodities reverse and rise strongly- hey need to be shipped

12:40 PM Curtis Melonopoly ​$BLKG .0026 OTC long 300k .. all part of my 3% of portfolio casino allotment

12:41 PM Curtis Melonopoly​ 3% of my portfolio are casino plays

12:42 PM Curtis Melonopoly​ that’s my personal percentage limit

12:42 PM Flash G​ nice

12:42 PM MarketMaven M​ seems you do ok with them

12:43 PM MarketMaven M ​holy shit it just went from .0025 to .0035 CURT!!!

12:43 PM MarketMaven M ​WTF lol

12:43 PM Flash G  ​haha

12:44 PM Curtis Melonopoly ​and back down to 30

1:03 PM Curtis Melonopoly​ Closing 1/4 $DRYS o/n swing 2000 @ 1.92 holding 2/4

1:09 PM MarketMaven M ​Curt that 2 $DRYS mark is gonna pop and your $ESEA good to go then too I bet

1:09 PM Flash G ​long $DRYS couldnt handle t

1:10 PM MarketMaven M ​haha

1:10 PM MarketMaven M​ last night I though wtf is curt doing lol

1:11 PM MarketMaven M ​and this morning when i got the premarket alert on sms i thought he’s gone mad

1:11 PM Mathew w ​DRYS goes ex div today or soon right?

1:11 PM Curtis Melonopoly ​lol not sure

1:13 PM
Compound Trading ​https://www.smarteranalyst.com/2017/0… $DRYS

1:16 PM MarketMaven M​ Gold tank

1:17 PM Curtis Melonopoly ​$SPY and $SPXL starting to come back to life

1:17 PM MarketMaven M ​oil too

1:18 PM Flash G​was thinking maybe time for $UWTIF long?

1:18 PM Curtis Melonopoly ​might be time

1:23 PM MarketMaven M ​$XLE green guys

1:24 PM MarketMaven M ​$KITE stilling rolling along – fing missed it

1:24 PM MarketMaven M​ ya know that $BLKG 32M shares averages 3M

1:25 PM MarketMaven M ​what’s up?

1:28 PM Curtis Melonopoly ​FX $USOIL $WTI at 49.59 resistance

1:29 PM Curtis Melonopoly ​no idea what’s up with $BLKG maven

1:34 PM MarketMaven M ​$SFUN blocks

1:35 PM Curtis Melonopoly​ crude oil struggling with that area I been on about

1:40 PM MarketMaven M ​wow $MRO highs

1:41 PM Flash G ​earnings MM

1:44 PM Flash G ​Long $UWTIF here for some starter placement on swng overnight at least

1:45 PM MarketMaven M ​thinking the same flash

1:49 PM MarketMaven M ​lol $BLKG 120%

1:49 PM Mathew w​ Added some $TRCH and $CRK here to go with my SWN swing. CRK and swn natty so oil movement doesn’t matter much there long run

1:50 PM MarketMaven M ​interesting

1:50 PM MarketMaven M​ i think curt long $TRCH no? $CRK i think i will follow

1:51 PM Curtis Melonopoly​ Yes maven to $TRCH

1:51 PM Mathew w ​Ive been waiting on TRCH, it should see at least a bounce if nothing else

1:52 PM Flash G ​looks like bulls back out to play

1:53 PM Curtis Melonopoly​ $BLKG sell off EOD

1:54 PM Curtis Melonopoly​ ah maybe not lol

1:58 PM Curtis Melonopoly​ $SPY green you gotta love free markets??

1:59 PM Curtis Melonopoly​ $BLKG closing HOD EOD 43M shares traded

2:00 PM MarketMaven M​ good night Curt Mathew and Flashy

2:01 PM Flash G ​lol bye bye

2:01 PM Mathew w​ have a good night all

2:01 PM Curtis Melonopoly ​see ya guys

 

Be safe out there!

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Article Topics: $DRYS, $SPXL, $SPY, $USO, $USOIL, $WTIC, $BLKG, $ELF, $MDGS – $XOM, $NE, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM, $DRYS – $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


Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Wednesday March 8, 2017; $OCRX, $DRYS, $WTIC, $AKG – $DRYS $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $SSH, $ASM etc 

Intro:

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

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

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

Notices:

Per previous;

We’re in middle of editing and uploading a swath of educational videos (may take a few days on that).

Also, the ability for members to access transcripts on demand we are working on – should have that done soon. As well soon you will be able to visit our YouTube channel soon and replay the trading day video on demand.

Members are reporting that they like the mobile service ability of YouTube Live better than Webinato but members need to know that they need to have a Google+ / Gmail account and sign in to YouTube and activate a channel to use the service. We have had many not understand that so if you aren’t sure about procedure let us know and we will assist.

And lastly, the live charts we share, to make them live you need to open the chart and click on the share button at bottom right of any of the charts and then click “make it mine”. This will enable the live chart in your browser in TradingView whether a member or or not of TradingView.

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

In play today in chat room; $OCRX, $DRYS, $WTIC, $AKG

Very slow day for me. Small premarket win in $OCRX, small entry in $DRYS end of day, $AKG on watch and Crude Oil tanked hard.

$OCRX, Premarket, Trading, Plan, Premarket, Results

$OCRX up 54% Premarket

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

Ticker Last Change Volume Signal
DRYS 1.59 25.20% 42997920 Top Gainers
GBT 34.25 21.02% 14129800 Top Gainers
MYOS 3.35 19.64% 4114300 Top Gainers
PLCE 118.15 18.27% 4564400 Top Gainers
QUIK 2.17 16.67% 1416400 Top Gainers
NMM 2.25 16.58% 2352400 Top Gainers
GBT 34.25 21.02% 14129800 New High
QUIK 2.17 16.67% 1416400 New High
GPRK 6.18 -0.16% 133210 New High
MOMO 34.19 13.97% 14876300 New High
MASI 94.18 -0.15% 968600 Overbought
CLM 16.29 -0.06% 499900 Overbought
AUXO 4.28 14.44% 1616875 Unusual Volume
PRKR 2.81 8.49% 16463300 Unusual Volume
HYLB 50.37 -0.92% 282900 Unusual Volume
ROIAK 2.45 -7.55% 1564121 Unusual Volume
CCI 90.61 -0.97% 2161300 Upgrades
BCLI 4.03 3.60% 83727 Earnings Before
KBR 14.45 -0.89% 2118800 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to micro sizing)  – $ONTX, $DUST, $USRM, $XOM, $NE,  $DRYS, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio):

Trading and The Markets Looking Forward:

As above crude oil tanked hard. Gold, Silver are off and on watch. US Dollar threatening a break-out. $SPY calm and $VIX calm.

Recent notes in post market reports that still apply,

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

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

The US Dollar is threatening important upside levels on the algorithmic model charting – we’ll see.

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

Watching downside supports for failure or not.

Silver $SLV:

As above with Gold, watching now.

Crude Oil $USOIL $WTI:

As above, tanked hard Wednesday and watching now.

Volatility $VIX:

$VIX has been flat for some time, however, our algorithmic modeling suggests a possible time / price cycle coming due soon.

$SPY S&P 500:

$SPY has been trading perfectly within our model and see no divergence yet, however, we are watching the time /price cycle in our $VIX model very close here now.

Natural Gas:

NA – watching.

Momentum Trades:

$OCRX in premarket with small win and $DRYS at market close. Very slow day.

Swing Trading:

NA

The Swing Trading Twitter feed can be found here: https://twitter.com/swingtrading_ct.

Algorithmic Chart Models:

As noted above, these are doing exceptionally well also.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Live Trading Chat Room Transcript: (on YouTube Live)

 

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Also, times are Central Mountain below (we’re working on the fix now), so for New York ET time add two hours to all times.

6:16 AM MarketMaven M​ mornin

6:16 AM Flash G​ hey maven

6:19 AM MarketMaven M​ $PRKR, $BIOC, $SHIP, $HTBX, $HEAR

6:27 AM MarketMaven M ​PetroQuest Energy -9% premarket after wide Q4 earnings miss #premarket $PQ

6:28 AM MarketMaven M ​Vera Bradley -13.6% post Q4 results

6:29 AM MarketMaven M ​US private sector created 298K jobs in Feb. vs. 190K est.: ADP

6:31 AM MarketMaven M​ Upgrades: $IPXL $WFT $OMC $EVH $NAV $BXE $SWKS $CCI $MIK $UDR $AVB $VOD

6:40 AM MarketMaven M ​$ABEO Receives Orphan Drug Designation in the EU for EB-101 Gene Therapy Clinical Trial for Epidermolysis Bullosa

6:48 AM Curtis Melonopoly​ Long $OCRX .088 starter

6:48 AM MarketMaven M​ in with ya curt

6:51 AM Curtis Melonopoly ​nice jump

6:51 AM Curtis Melonopoly​ stop set at flat fyi

6:52 AM MarketMaven M​ y ame too its premarket

7:00 AM MarketMaven M​ we’re going to get stopped lol

7:01 AM Flash G​ maybe not

7:04 AM
Compound Trading ​PreMarket Trading Plan Mar 8 $OCRX, $PRKR, $BIOC, $SNAP, $DUST, $UGAZ LINK: https://compoundtrading.com/premarket… PASSWORD: PREMARKET030817PM

7:08 AM Curtis Melonopoly​ out .91 small gain don’t want to hold at open $OCRX

7:08 AM MarketMaven M ​holding

7:08 AM MarketMaven M​ Curt you guys stop sending freebie’s on algos?

7:09 AM Flash G​ ya they did MM – commercial contracts

7:13 AM MarketMaven M​ out flat

7:14 AM MarketMaven M ​Watching $BIOC too

7:20 AM Flash G​ fairly quiet imo

7:25 AM Flash G​ ugh lol

7:25 AM Mathew w​ Was really hoping for some follow through after the past 2 days. More chop and grind higher it looks like

7:25 AM Mathew w​ Low floats look to be on the board as well

7:27 AM Curtis Melonopoly​ on mic let me know if there’s any feedback etc

7:28 AM wintonresearch​ probably covered by you already but funny how UGAZ chart now resembling November’s action

7:28 AM wintonresearch​ off the bottom

7:30 AM Mathew w ​Yea natty looks constructive. Charting leveraged ETFs doesn’t’ work well though

7:35 AM MarketMaven M ​$XTNT jig

7:38 AM MarketMaven M​ ss $MYOS

7:38 AM wintonresearch​penny MJ $UBQU still looking good

7:41 AM wintonresearch​ $UUUU above 50 dma

7:41 AM wintonresearch​ after nice bounce yesterday

7:55 AM Curtis Melonopoly​ Oil report on deck 10:30. going to make a coffee run some scans and be back for report. After oil I’ll take a look at #Gold #Silver $DXY $SPY $VIX #OIL

7:56 AM Curtis Melonopoly ​like the look of $GOOGL chart fyi

8:14 AM MarketMaven M ​$SPEX maybe

8:14 AM MarketMaven M​ But waiting for oil report in 15 likely best idea\

8:25 AM Curtis Melonopoly​ oil in 5 mins

8:29 AM Curtis Melonopoly ​here we go

8:31 AM Curtis Melonopoly​ decent action here in oil

8:36 AM MarketMaven M​y up nice spike no trade for me tho

8:39 AM Curtis Melonopoly ​Back in a bit to run SPY VIX Gold Silver DXY OIL charts

8:45 AM MarketMaven M​?

10:15 AM MarketMaven M​ thats one crazy trade chart lol

10:20 AM Curtis Melonopoly ​lol yup

11:52 AM MarketMaven M​ Getting ready to long oil

11:52 AM Flash G ​lololo

12:10 PM MarketMaven M​ $XLE on 200 DMA

12:12 PM Curtis Melonopoly ​it’s actually south of the 200 MA $XLE

12:12 PM MarketMaven M​ yes i know

12:13 PM Curtis Melonopoly​ $AKG was a decent morning play 3.43%

12:17 PM MarketMaven M​ thoughts on oil curt?

12:17 PM Curtis Melonopoly ​I will review in a few min all of em

12:17 PM Curtis Melonopoly ​sorry busy day around here this morning

12:19 PM Curtis Melonopoly ​I’m looking at a long 49.59 ish

12:30 PM MarketMaven M​ $TVIX start to jig

12:33 PM Flash G ​looks like it may have found interim bottom here

12:46 PM Curtis Melonopoly ​Maven… sorry meant to say north of 200 MA $USOIL $WTI…. chart up fyi

12:47 PM MarketMaven M​ why you thinking 49.59 then?

12:47 PM Curtis Melonopoly​ for a long that’s just the line in the sand from a math perspective 60 months back tested

12:48 PM Curtis Melonopoly ​200 MA at 48.70 is though

12:49 PM Curtis Melonopoly ​oh wait we were taking about $XLE not $US OIL earlier lol whoa wake up curt

12:49 PM MarketMaven M ​haha yepp

12:49 PM Curtis Melonopoly​ ya $XLE math not consistent

12:50 PM Curtis Melonopoly​ there’s a reason we $USOIL $WTI … math lol

12:51 PM wintonresearch ​there’s a good article on commodities that I just posted on my Twitter stream

12:52 PM wintonresearch​ from Frank Holmes

12:57 PM Curtis Melonopoly​ I’ll check it out

1:03 PM MarketMaven M ​$EYES serious sizing starting

1:05 PM MarketMaven M ​why $EYES even up? news?

1:09 PM Curtis Melonopoly ​$EYES has earnings on deck tomorrow I think

1:09 PM MarketMaven M ​oh thats it lol?

1:09 PM Curtis Melonopoly​ not sure if there’s more

1:16 PM MarketMaven M ​Long $UWT 20.34 starter

1:16 PM Curtis Melonopoly ​GL!

1:18 PM Curtis Melonopoly​ $VRX rock n roll

1:19 PM wintonresearch​ $AKG rising

1:20 PM wintonresearc h​when you see commodities like platinum, oil, silver all most oversold in a long time you know you are nearing a major turning point

1:20 PM MarketMaven M ​Look at the volune in crude last 30 – 45 mins

1:20 PM MarketMaven M ​i agree

1:32 PM Curtis Melonopoly​ sorry guys haven’t had a minute here today to review anything

1:32 PM MarketMaven M ​no prob very calm day no set – ups of value yet imo

1:33 PM Flash G ​see it smilar …. $AKG good call by Nich however

1:33 PM MarketMaven M ​true true

1:35 PM Curtis Melonopol y​$MGTI getting some volume

1:40 PM Flash G​ $DRYS action

1:50 PM MarketMaven M​ Pops: $DRYS +5.6%

1:53 PM Curtis Melonopoly ​$DCIX now

1:56 PM Curtis Melonopoly ​long $DRYS

1:58 PM Curtis Melonopoly ​small starter

2:00 PM MarketMaven M ​catch ya tomorrow guys

2:00 PM Flash G​ see ya

2:00 PM Curtis Melonopoly​ peace

 

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $OCRX, $DRYS, $WTIC, $AKG  – $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM, $DRYS – $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


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Feb 6, 2017; $DRYS, $GALT, $AMD, $VRX, $GLDBS, $TOPS, $OPXA, $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 post 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:

Traded out of my $OPXA weekend for small gain, scalped $DRYS seven times, scalped $VRX, and flat on a few others. Eleven trades with an average 300.00 profit – a day in the office to say the least. All of which I couldn’t alert outside of room because they were all minutes / scalps.

The real story of the day was Mathew killing with our members (being on the right side of the metals trade and others) and a visit from Hedge Hog trader in our room – he spent the day as a guest and served up some insight to our members about stocks he’s watching. If you aren’t following our associate trader Mathew and Nicholas (HedgeHog Trader) on Twitter you should be. They’re both masters of the game.

Speaking of master peeps in the game, Quarry who was gracious enough to give me a respectable shout out on the weekend – give him a follow! He’s an exciting trader, a good man and tapped in folks.

Also (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 of price action clearing (with-out a pull back) – unless of course geopolitical reasons change that.

$DRYS, Market, Stocks, Report, Results

$DRYS Postmarket Stock Trading Results Report

Momentum / Noteable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
RENN 8.16 403.70% 374364 Top Gainers
DRYS 5.61 34.21% 48012495 Top Gainers
PSIX 3.70 32.14% 1832509 Top Gainers
GLBS 9.70 29.85% 1461455 Top Gainers
PULM 4.98 29.02% 18969351 Top Gainers
NAKD 2.89 18.93% 6225248 Top Gainers
RENN 8.16 403.70% 374364 New High
SEV 15.69 16.14% 514509 New High
ACFN 0.51 30.85% 834593 New High
NEOT 1.70 -2.86% 415852 New High
RENN 8.16 403.70% 374364 Overbought
WOOF 90.69 0.04% 2049174 Overbought
SEV 15.69 16.14% 514509 Unusual Volume
NINI 17.52 1.39% 10756 Unusual Volume
OSTK 16.10 -4.17% 3003355 Unusual Volume
PIP 1.01 -69.39% 41324546 Unusual Volume
AAL 45.30 2.49% 6455878 Upgrades
ACAT 18.54 -0.38% 461889 Earnings Before
CMG 395.59 -2.10% 1497576 Insider Buying

Holding:

I am holding $JUNO, $CBMX, $TRCH, $LGCY, $DUST

Looking Forward:

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

US Dollar $DXY and $USDJPY failed support and tanked Monday – will be interesting to see what BOJ does next.

$GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon.

$OIL was near / at decision resistance and backed off Monday.

$VIX is still near dead.

$SPY came off a bit Monday but nothing to consider.

Still playing morning momos and expect it to be active Tuesday.

Also watching some new plays talked about in room below today, and $ZAIS, $FNMA (Trump play – not currently in but have been trading them), $OPXA (out Monday morning as noted but I like the chart), $ASM (great story referred by HedgeHog Trader, watching very close), $DUST (looking for intermin Gold reversal as I am in 2/5 size so I may hammer other 3/5 and play a turn for a flat goal), $JUNO and $CBMX (will hold in to late spring if needed and may add), $TRCH and $LGCY (oil and Trump play).

Earnings on deck:

And Epic the Oil Algo nailed the Friday target area – so the machines are still in it – that’s good – looking for a hit on target for Tuesday 10:30 AM now.

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:

09:00 am Curtis M : Momo: $GALE, $NAKD, $PULM, $MYOS, $HAS

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

09:02 am Sandra Q : $GALE all out now
09:08 am Sammy T : $KIN Halt
09:18 am darnel t : Wwatching $OPXA and $RCON here now
09:19 am Carol B : $RCCON looks decent for open
09:21 am Carol B : $FNMA from Curts list consistent too lately
09:22 am Carol B : $ZAIS up from Curts lst too on Fri
09:27 am OILK K : $OPXA can go today
09:29 am OILK K : $MYOS
09:32 am Sammy T : $MYOS
09:33 am Frank R : $OPTT short
09:35 am Flash G : $HEAR HOD
09:36 am John M : $SEV strong
09:39 am Frank R : Getting some $GS here
09:42 am Trent P : $DRYS going to fly
09:44 am Jack D : $SDRL on the move
09:46 am Trent P : Long some $TSLA
09:47 am Trent P : Nice price
09:47 am Mathew Waterfall : Better late than never back in action now that the power came back on
09:47 am Trent P : haha
09:47 am Curtis M : morning
09:57 am Greg L : Curt your $CBMX looks great
10:04 am Curtis M : Sold $OPXA 1.11 avg tiny profit – from Friday weekend hold.
10:06 am Trent P : $WYNN
10:08 am Curtis M : Franks short on $OPTT play of the morning lol nice
10:11 am MarketMaven M : $TTPH HOD
10:12 am Sammy T : $WYNN long here for ull back try
10:15 am Sammy T : $PETX downgrade
10:16 am Mathew Waterfall : Power just cut out on me again. Just for the heads up I likely won’t be trading this morning in fear of another outage
10:16 am Curtis M : Looks like thats t for morning momo – I’ll keep a watch on other screens and scanners
10:16 am Curtis M : Loading standard issue charting now to take a look at oil Gold etc
10:41 am Curtis M : Quiet open
10:42 am Curtis M : Anything your watching Mathew?
10:42 am Mathew Waterfall : can you hear me?
10:45 am Curtis M : My quick recap for those that can’t listen to audio – Gold Silver Miners near interim resistance watching, watching oil for a god pull back for a long, $SPY concerned about MACD but watching for afternon run, not much else on my end.
10:46 am Rick M : Looks like a study morning and then maybe afternoon plays
10:47 am Curtis M : Oil coming off hard
10:48 am Mathew Waterfall : Yea not much really mving too hard outside of the metals and oil here. QUiet mornig overall with low volume on most everything that I’m looking at. I do expect to see the dollar come off and bonds to get with it though that may be a day or two away. I also am keeping an eye on some of the material stocks as $X and $AKS are fiving up their early gains which would be an indicator we may be going south
10:49 am Curtis M : I see a lot of GURUS got chopped up at open also Mathew – very choppy open
10:49 am Rick M : no doubt lol
10:49 am Curtis M : sorry left mic on
10:50 am Mathew Waterfall : Yepp head fakes and false breakouts across the baord pretty much. Like you always say number one thing is preserve capital
10:50 am Slim L : $EBIO decent
10:51 am David Z : $OPTT sss was bank for me – thanks Frank!
10:52 am Mathew Waterfall : Love it to see members suggesting winners in here. Well done guys
10:54 am Slim L : EPIC saved my ass this morning – just saying Curt thanks
10:54 am Curtis M : ha
10:55 am OILK K : $ZGNX nhod
10:56 am Curtis M : Watching oil indicators close
10:57 am Curtis M : I think the buy zone is lkely 52.65 – .70 on $USOL we’ll see
11:03 am MarketMaven M : $DRYS VWAP
11:08 am Mathew Waterfall : market feels a bit weak here. TICKs are middling but closing on the downside of 0 and $SPY looks to be struggling tohold 229
11:10 am Rick M : Morning after Superbowl
11:11 am Mathew Waterfall : Traders are hung over I guess lol
11:11 am Rick M : I am
11:13 am Nicholas Winton : morning everyone! Hedgehog Trader here 🙂
11:13 am Mathew Waterfall : haha Rick. Pats or ATL fan?
11:14 am Mathew Waterfall : Nice to see you Hedgehog
11:14 am Rick M : ATL
11:15 am Mathew Waterfall : Damn. I was pulling for you guys. I’m from Seattle area. Not a huge Hawks fan but you alsways root for the team that kicks you out of the playoffs
11:16 am OILQ K : My $EBIO from Fri decent
11:17 am OILQ K : Think Curts rght on wating on oil here
11:17 am Curtis M : 50 50
11:17 am Mathew Waterfall : Back in some $NGD here long rope swing trade
11:17 am Mathew Waterfall : 2.6 stop
11:18 am Curtis M : $GDX intra res not far away
11:19 am Nicholas Winton : small cap gold miner Primero $PPP closing on 50 dma
11:20 am Nicholas Winton : after basing for 3 months
11:21 am Trent P : $MCD nHOD
11:25 am Mathew Waterfall : $PPP looks like a nice play. Quick stop right below at the .7 low as well
11:28 am Nicholas Winton : another slow boil i like is $FNMA
11:31 am Mathew Waterfall : I’ve heard that name recently a few differnet places. Not sure I will jump in but a lot of people seem to be
11:31 am Sammy T : $AMD hod
11:35 am Curtis M : Gonna go make coffee – back in 15
11:35 am David Z : $AMD complete beast
11:36 am Mathew Waterfall : $AKS swing against todays LOD. Add over 8.5
11:37 am Eddie D : Like it
11:37 am Nicholas Winton : nice
11:39 am Stephen T : I’ll have to ask Curt when he’s back but I think he’s looking for a break out over that diagonal trendline in Silver
11:39 am Mathew Waterfall : Thats just the fib trendline. A break would be great or it can just keep riding it up as well
11:40 am Stephen T : ok thanks
11:42 am Slim L : Likely quiet next hour $STUDY lunch for me
11:49 am CrazzzyCam R : Santelli drawing his puctures again on CNBC:)
11:50 am Mathew Waterfall : while I don’t hate his levles, those carts are rediculous
11:50 am CrazzzyCam R : yup
11:50 am CrazzzyCam R : I dont think he has Twitter or anything like that either haha
11:50 am CrazzzyCam R : Good rants though
11:53 am David Z : $FNMA hasn’t stopped is slow grind up
12:02 pm Eddie D : Looks like you may get your buy zone met in oil Curt
12:02 pm Curtis M : ya
12:04 pm Curtis M : Its quiet out there
12:04 pm Mathew Waterfall : My volume scanner has one ticker on it currently lol
12:06 pm Nicholas Winton : a nanocap I’m watching is $MJTK
12:07 pm Nicholas Winton : looks like a flag
12:10 pm Mathew Waterfall : DO you trade mostly the pennies and micros Nicholas?
12:13 pm Nicholas Winton : mostly stocks under $10
12:13 pm Nicholas Winton : but follow commodities and some larger stocks like Cameco
12:14 pm Nicholas Winton : i think we’re at the start of a big markt bubble
12:14 pm Curtis M : Loks like hes not with us
12:14 pm Mathew Waterfall : I agree. I need to take a look at those smaller names more often
12:15 pm Curtis M : Sorry that was supposed to be a prvate message lol
12:15 pm Mathew Waterfall : Turned into just a message apparently lol
12:20 pm Mathew Waterfall : Option flow is light today. Heavy $AAPL calls being bought righ off of the open but those have lightened up. Some metals/miners plays but nothing too huge. $GOGO also seeing a ton of put flow. Not much to remark in the indeces either way
12:20 pm Stephen T : Curts pulling a Tim S***** on his Twitter lolol
12:20 pm Curtis M : hey shhh
12:20 pm Curtis M : jeez
12:20 pm Curtis M : edit!
12:21 pm Larry A : funny
12:22 pm Curtis M : thought picture of money would get me followers was all
12:22 pm Nicholas Winton : ha 🙂
12:23 pm Curtis M : hes going to file a lawsuit i know it bahahaha
12:24 pm David Z : curts bored
12:24 pm Curtis M : look at that gold
12:25 pm Mathew Waterfall : Gold/silver in honey badger mode today
12:25 pm David Z : ya wow
12:25 pm Curtis M : ill say
12:25 pm Mathew Waterfall : Bought some $SLW down here. It will play catch up to the others shortly
12:25 pm Mathew Waterfall : $Ag and $SSRI similar names Im in and killing it today
12:26 pm Curtis M : Way to go Mat
12:26 pm Curtis M : If I listened to my own algos Id be banking with you
12:27 pm Mathew Waterfall : Yea those algos were on point. nice confirmation for the move most of the way
12:27 pm Curtis M : Silver looks mean I gotta say
12:27 pm Curtis M : I like that $MJTK chart
12:29 pm Curtis M : nobody like my money pc ;lol
12:29 pm Mathew Waterfall : haha to get the real attention it’s got to be money on top of a ferrari or lambo with a half naked girl
12:30 pm Curtis M : have to kill somethng here this afternoon just one stupd lowsy penny runner please something plz
12:30 pm Nicholas Winton : SIL:SLV ratio very bullish looking
12:30 pm Nicholas Winton : for silver stocks
12:31 pm Curtis M : My wife has a load of candidates from poker world for that pic like Liv B***** or whatever her name is and a list as long as my arm they’re always over here
12:31 pm Curtis M : Great idea Mat
12:31 pm Curtis M : lol joke not doing it
12:31 pm Mathew Waterfall : hahaha
12:32 pm Mathew Waterfall : $AVXL VWAP test. Chart looks so-so
12:32 pm Mathew Waterfall : indicators turning on the 1′
12:33 pm Mathew Waterfall : Had volume then poof. So goes the market today
12:34 pm Curtis M : decent chart
12:34 pm Nicholas Winton : for silver watching small cap silver miners AXU ASM
12:35 pm Mathew Waterfall : I like $ASM. Opened a small position Friday in that name
12:35 pm Curtis M : ya is hedgehog around?
12:35 pm Curtis M : he was in here earlier?
12:36 pm Curtis M : jig on $NAKD
12:36 pm Mathew Waterfall : I thought Nicholas was hedgehog?
12:36 pm Curtis M : oh lol
12:37 pm Curtis M : thought nich was another nich
12:37 pm Curtis M : sorry nich and nich
12:41 pm Nicholas Winton : next time I’ll sign in as Hedgehog Trader
12:41 pm Nicholas Winton : no worries
12:42 pm Nicholas Winton : or add a Hedgehog avatar
12:42 pm David Z : ha
12:43 pm Nicholas Winton : i’m now wondering if we’re being lulled and everything rallies at day end
12:43 pm David Z : hope
12:43 pm Curtis M : better lol
12:43 pm Nicholas Winton : ha
12:43 pm Eddie D : coming
12:45 pm Nicholas Winton : i posted a cobalt play this morning for cdn traders CPO.V
12:45 pm Nicholas Winton : those are doing so well- and CPO is tiny and saw a lot of volume last week
12:46 pm Nicholas Winton : these niche sectors are doing well with the bubble environment
12:46 pm Nicholas Winton : worth watching
12:46 pm Eddie D : nice
12:47 pm Eddie D : those micros can double in a blonk
12:47 pm Eddie D : blink lol
12:47 pm Eddie D : blink blonk
12:48 pm Mathew Waterfall : $AVXL buys finally thoguh volume still light
12:48 pm Nicholas Winton : cobalt is up 70% this year because the Congo has been cut off as a supplier
12:48 pm Nicholas Winton : for using child slaves to mine.
12:48 pm Nicholas Winton : so suddenly a cobalt rush
12:48 pm Mathew Waterfall : Interesting. Macros swings there
12:49 pm Eddie D : looks like peeps getting back from lunch scanner perking up
12:49 pm Eddie D : get curt one of his double ups yet
12:50 pm Curtis M : YES
12:50 pm Nicholas Winton : another interesting metal is platinum
12:51 pm Curtis M : watching it close
12:51 pm Nicholas Winton : 2 producers have slashed production
12:51 pm Nicholas Winton : and plat usually trades at 20% prem to gold
12:51 pm Nicholas Winton : but right now gold is trading at 20% premium
12:51 pm Mathew Waterfall : I like and have a small position in $PLG there though looking for others
12:51 pm Nicholas Winton : yes PLG- going into commercial production in 3 months or less
12:52 pm Mathew Waterfall : That’s the word and should rocket
12:52 pm Nicholas Winton : so good catalyst
12:52 pm Nicholas Winton : last Feb iirc $PLG went up huge
12:52 pm Nicholas Winton : not sure on the seasonality of it but interesting
12:54 pm Eddie D : sound of my ears listening very closely
12:54 pm Mathew Waterfall : All of the metals/miners were mving large last spring but it seems like it was just a bit late to the party which is what Im looking for this year
12:55 pm Mathew Waterfall : usd/jpy getting slammed here
12:56 pm Nicholas Winton : last Feb $PLG went from $1.15 or so to $2
12:58 pm Mathew Waterfall : Im shooting for 2.4 as the first target from here
12:58 pm Mathew Waterfall : $4 would be after that with a couple resistance areas in between
12:59 pm Larry A : Which equity Mathew?
01:00 pm Mathew Waterfall : $plg
01:00 pm David Z : I was just thinking of those Lambo pics with Liv B***** hmmm
01:00 pm David Z : sorry buut true
01:01 pm Curtis M : edit!
01:01 pm Mathew Waterfall : TICKs starting to try to make some much lower lows here
01:01 pm Stephen T : Gold up and over it seems
01:02 pm Curtis M : that yellow line is a serious double down extension point but yu should be good to go until then stephen – should
01:02 pm Curtis M : even after who knows but its a serious symmetry crossroads
01:03 pm Curtis M : Mat you researched $ASM?
01:05 pm Nicholas Winton : my note: $ASM 1.6M oz silver production this year and 1.7-2.1 next year plus gold production starting late 2017
01:05 pm Stephen T : Mat likes it
01:06 pm Curtis M : best Silver play?
01:06 pm Mathew Waterfall : $AVXL getting it
01:07 pm Nicholas Winton : $ASM it’s my silver fav- 50M shares and great CEO
01:07 pm Mathew Waterfall : Yea I like $ASM and $NGD in gold should get some nice rebound as well
01:07 pm Nicholas Winton : small stocks should do v well in this bubble
01:08 pm Curtis M : i might hit one really hard
01:09 pm Mathew Waterfall : Let me know so I can front run you lol but chances are Im already in it I’m in a few names across the baord
01:11 pm Curtis M : Mat – Gold over res on your charts?
01:13 pm Mathew Waterfall : Yepp
01:14 pm Mathew Waterfall : Aiming for 1250.9 fib at this point
01:14 pm Mathew Waterfall : 1227.5 swing high was my last breka out point
01:15 pm CrazzzyCam R : sounds right
01:16 pm Mathew Waterfall : I have some heavy reisstance with that fib and some other support/res lines from 1250.9-1253ish
01:19 pm Curtis M : Sorry I hit $AMD at 13.47 long … distracted with Silver
01:19 pm Curtis M : Small order 2000
01:22 pm darnel t : $DRYS NHOD break out
01:22 pm darnel t : $DRYS
01:24 pm Larry A : $CBMX add
01:26 pm Slim L : $DRYS ER tomorrow lol
01:28 pm Mathew Waterfall : O lord holding into $DRYS earnings? That takes some fortitude right there
01:28 pm David Z : Its at a new hi too
01:29 pm David Z : In $SINA for strength test
01:30 pm Mathew Waterfall : I have no clue. That thing has split and reverse split so many times. I know it’s like a million below where it was 10 years ago
01:30 pm Mathew Waterfall : 2007 high 1516947.8 lolol
01:30 pm Mathew Waterfall : Worse than $VXX!
01:31 pm CrazzzyCam R : Its a short interest play – only thing that makes sense
01:31 pm Mathew Waterfall : yea
01:31 pm darnel t : Stopped on $AMD flat
01:32 pm Curtis M : My stop a cent below yours then
01:33 pm Curtis M : Maybe I should have left w ya
01:34 pm Larry A : No traction yet stalled out here scans quiet
01:35 pm Mathew Waterfall : Out a portion of this week $TLT 121c’s at .29 form .14
01:35 pm Mathew Waterfall : Still holing some for amore higher but trade is greem even if left over finsh as doughnuts
01:36 pm Rick M : Double top $DRYS indicators up vol coming
01:38 pm Curtis M : Out $AMD flat
01:38 pm Mathew Waterfall : usd/jpy getting monkey hammered hard ehre holy ish
01:39 pm Rick M : monkey time 🙂
01:40 pm Curtis M : Oil almost in buy zone
01:43 pm Curtis M : In the $DRYS casino at 4.88
01:44 pm Mathew Waterfall : Out some of the next week $NUGT 12.5c’s at .89 from .5. Only a few left wanted to roll but none of the rolls made sense so will readd on any dips
01:45 pm Mathew Waterfall : Out some more of those $TLT calls at .34 from .14
01:45 pm Mathew Waterfall : Will set a stop in the .20’s and let them cruise
01:47 pm Sammy T : $SCIX long
01:48 pm Mathew Waterfall : Looking at $FCX here
01:49 pm Mathew Waterfall : Weekly 16c’s at .29
01:49 pm MarketMaven M : Why is $DRYS running lol?
01:49 pm Mathew Waterfall : Why is water wet?
01:49 pm Carol B : hahaha
01:50 pm Carol B : $DCIX
01:50 pm Mathew Waterfall : Other shippers might see some play here. $ESEA, $SALT etc
01:50 pm Mathew Waterfall : Not my plays though
01:55 pm Curtis M : $DRYS out 4.99
01:55 pm Nicholas Winton : ESEA is nice 19M mkt cap can move
01:56 pm John M : $TSLA nice play
01:56 pm John M : $DRYS u nailed that exit haha
01:57 pm Curtis M : mised top
01:58 pm Mathew Waterfall : $GDXJ lotto’s for friday. 42.5c’s at .19
02:04 pm Flash G : don’t do it curt
02:05 pm Curtis M : Good call on $TSLA guys
02:05 pm John M : ss $PULM
02:06 pm Mathew Waterfall : $PUL looks ready for a rollover
02:06 pm Mathew Waterfall : $PULM
02:07 pm Curtis M : Long $DRYS
02:09 pm Curtis M : Long $VRX

Didn’t alert in room I entered and exited within 10 mins for a small .20 win – it was a very, very busy day with 11 trades.

02:10 pm Curtis M : nice
02:10 pm Curtis M : lol
02:12 pm Mathew Waterfall : $HL swing against 6.4. Will add another rung over 7.25
02:12 pm Curtis M : Out $DRYS in $GLBS
02:16 pm Curtis M : Out $GLBS nice little win
02:17 pm Curtis M : in $TOPS
02:17 pm Curtis M : Got $TOPS at pull back so hoping it pops
02:17 pm Curtis M : wack a mole
02:19 pm Eddie D : $GLNS squeeze time
02:20 pm Curtis M : Out $TOPS flat
02:21 pm Curtis M : Those were too quick to alert
02:21 pm Flash G : I’ll say
02:22 pm Flash G : $CXRX squeezing last 20 mins
02:24 pm Curtis M : Oil getting close
02:24 pm Curtis M : Pit in 5
02:24 pm Mathew Waterfall : Is there even a pit anymore? I knolw they mark commodities at 2:30 but didn’t they close the NYMEX pit?
02:26 pm Curtis M : $GALT vol
02:27 pm Curtis M : Long $GALT
02:27 pm Curtis M : Yes two months ago
02:27 pm Nicholas Winton : micro mj $NWGFF
02:27 pm Curtis M : Still action – I call it pit I shouldn;t
02:27 pm Curtis M : its like a mgic time I’ll call it that
02:28 pm Mathew Waterfall : I still call it pit close as well
02:28 pm Mathew Waterfall : What I saw abou it closing was barely a footnote
02:29 pm Curtis M : Man I thought $GALT might go at that pull back
02:30 pm Curtis M : The Nymex xlosed end of Dec but crude still settles at 230
02:30 pm Nicholas Winton : Novagold $NG popped above 200dma
02:31 pm Nicholas Winton : hasnt been there since Sept
02:31 pm Curtis M : Out $GALT flat
02:32 pm Mathew Waterfall : scanners fers. $GORO, $NG, $GPL
02:32 pm Curtis M : No oil trade for me
02:32 pm Mathew Waterfall : $PVG, $FSM, $AGI
02:32 pm Mathew Waterfall : all seeing expanding colume chasing this move
02:34 pm Rick M : Well I like Pit its bas azz
02:34 pm Curtis M : What a day for miners and gold
02:35 pm Mathew Waterfall : Yepp they are all seeing a ton of call buying here all day as well
02:36 pm Curtis M : Way to go longs
02:36 pm Curtis M : I don’t think I;ve ever sat through the wrong side of a turn for this long my whole life
02:37 pm Curtis M : Daily reminded lolol
02:37 pm Curtis M : Literally missed a new house
02:37 pm Larry A : whoa
02:37 pm Mathew Waterfall : Good thing about this game is there are alway smore opportunities
02:37 pm Curtis M : cards never end
02:38 pm Mathew Waterfall : exactly
02:40 pm Curtis M : Long $DRYS
02:42 pm Curtis M : scalp scalp scalp
02:43 pm Mathew Waterfall : Ultimate lotto $GPL Mar 2.5c’s at .05. This will need the 2.25 level in the next week or so to pay well on these
02:45 pm Curtis M : Sweet play on metals wow
02:47 pm Mathew Waterfall : Crazy statement: Some of these smaller miners have some catching up to do and will blast off if gold keeps going. Like the small cap oil plays some of them have a bit of lag built in at times
02:47 pm Curtis M : BOJ void
02:47 pm Curtis M : ok ready
02:48 pm Curtis M : u throw the ball and Ill hit it lol
02:48 pm Mathew Waterfall : $NGD, $TRQ, and $PLG a couple I scopped up more shares in today
02:49 pm Mathew Waterfall : If new entries waiting to see what gold does tomorrow isn’t a horrible idea. We got a similar move albeit to lower hioghs 2 weeks ago only to sell off pretty hard. That move peaked on a tuesday or wednesday I believe and sold off after
02:50 pm Curtis M : DO NOT SHORT DRYS YET
02:51 pm Curtis M : Something going on with that earnings – something odd
02:52 pm Mathew Waterfall : $GDXJ calls at .31 from .19 already. Im holding into tomorrow but not a bad place to trim a bit Im thinking
02:53 pm Curtis M : great plays Mat
02:53 pm Mathew Waterfall : Thanks!
02:53 pm Rick M : agree
02:59 pm Mathew Waterfall : Whoa. $SHLD not looking so hot https://twitter.com/felixsalmon/status/828692700635475970
02:59 pm Mathew Waterfall : Sorry article link https://www.wsj.com/articles/warning-signs-mount-on-sears-turnaround-bid-1486406699
03:01 pm Curtis M : Out $DRYS another scalp
03:01 pm Nicholas Winton : dry scalp
03:01 pm Nicholas Winton : use a moisturizer
03:02 pm Nicholas Winton : *crickets*
03:02 pm Mathew Waterfall : badum tiss
03:02 pm Mathew Waterfall : More than just trade ideas in here today folks
03:03 pm Nicholas Winton : good folks, bad jokes?
03:03 pm CrazzzyCam R : lol nicholas theyre just fine
03:05 pm Nicholas Winton : watch smallcap miner $THM
03:05 pm Larry A : $GLBS turning up
03:05 pm Nicholas Winton : closing in on 200dma and it does tend to run when there’s room
03:05 pm Nicholas Winton : $THM that is
03:05 pm Nicholas Winton : look at all the Alaska gold plays all benefit from Trump
03:06 pm Nicholas Winton : $THM $NAK $NG
03:06 pm Nicholas Winton : i think they are all going to soar this year
03:06 pm Sammy T : $TOPS crapped out
03:07 pm Mathew Waterfall : I was in $NG and sold to move to another position. Should have stayed in. I like $THM
03:07 pm Nicholas Winton : THM mkt cap 100M and has 12M oz gold
03:08 pm Nicholas Winton : and a wide following
03:08 pm Mathew Waterfall : wow. In the ground but damn that’s impressive
03:08 pm Mathew Waterfall : Looks like over .75 it shold have some legs
03:08 pm OILK K : looks good
03:09 pm Mathew Waterfall : possibly inverse H&S look as well
03:09 pm Greg L : Just noticed the Dry scalp funny:)
03:10 pm Nicholas Winton : lots of puns available for rent
03:12 pm Greg L : tough action today except metals and a few others i gues
03:12 pm Nicholas Winton : my tiny cobalt explorer seeing volume again today CPO.V
03:13 pm Cara R : nice chart too Nich
03:13 pm Nicholas Winton : one of the last few cobalt stocks to be discovered
03:14 pm Nicholas Winton : CUZ.V is another nice one but CPO much smaller and i like that
03:15 pm Cara R : Study time on that one for me thanks Nich!
03:16 pm Nicholas Winton : you’re welcome, i like it
03:16 pm Mathew Waterfall : $TLT holding up into the close is a good sign there. Still want to nail that move round two outside of thse small call plays. Over 120.4 and Im back in
03:17 pm Curtis M : Nicholas has lots of ideas you would like Cara
03:18 pm Curtis M : I’m long that $DRYS break in case you didn’t gues lol
03:19 pm Nicholas Winton : this month should be interesting- shippers often move with miners
03:20 pm Curtis M : 5 or 6 scalps at 300 paid for my ass sitting here all day
03:20 pm Mathew Waterfall : Had to do it. Sold some of those $GDXJ calls at .35 from .19. Too easy to pass up on a weekly exp
03:20 pm Stephen T : go one
03:20 pm Stephen T : good
03:21 pm Mathew Waterfall : Still have about half left for the continuation but that sell basically paid for the originall entry
03:21 pm Curtis M : bank nice
03:21 pm Nicholas Winton : anyone else think NUGT is headed to 17+?
03:21 pm Mathew Waterfall : Now stop at originak entry and let it do its thing
03:21 pm Curtis M : sleeping with his green
03:22 pm Mathew Waterfall : In a box that says Fragile on it. I think it’s pronounced fra-G-lay. Must be italian
03:23 pm Curtis M : I sold flat
03:23 pm CrazzzyCam R : ha
03:26 pm Curtis M : hard to say Nicholas – I think Gold in for a few bumps soon but who knows – you thinking yes?
03:26 pm Eddie D : likely more
03:28 pm Curtis M : $DRYS didnt sell off
03:28 pm Curtis M : In on that break again
03:31 pm Curtis M : Ill tell ya $DRYS with right report tomorrow could be super nova time
03:31 pm Mathew Waterfall : Small $THM starter
03:32 pm Mathew Waterfall : Those $GDXJ calls now at .475 lol sold a bit early good thing I held some
03:33 pm David Z : wow
03:37 pm Mathew Waterfall : They’ll see some premium decay here late in the day but I have a order to close at a tripple tomorrow if we get follow through
03:38 pm Mathew Waterfall : More sweeps for $GDX, $GLD, $SLV etc all afternoon. Crazy steam in those names across the board
03:38 pm CrazzzyCam R : what a day
03:43 pm Curtis M : I might hold on lol
03:43 pm Mathew Waterfall : for earnings? I will say a prayer for you
03:46 pm Mathew Waterfall : Out some more $GDXJ calls right here for a cent or 3 shy or a 3 bagger. Just a couple left for a move higher. I’m a sucker for easy money
03:47 pm Lou Ramone : Mathew Curt All
03:47 pm Stephen T : awesome
03:47 pm Lou Ramone : hola
03:48 pm Stephen T : hola
03:48 pm Lou Ramone : I’m long nugt: any suggestion?
03:48 pm Stephen T : i think curts deep in a trade
03:48 pm Lou Ramone : k will wait
03:48 pm Stephen T : Mat knows nugt
03:49 pm Curtis M : out of course
03:49 pm Curtis M : scalp #7
03:49 pm Mathew Waterfall : Where are you long from and what’s your timeline? I think these miners to get some continuation into tomorrow with gold strength
03:49 pm Mathew Waterfall : Gold hasn’t hit my levels yet so I’m still hanging in
03:50 pm Curtis M : gold looks like a long to me too lou
03:50 pm Lou Ramone : since fri … 1usd by 100 . 700 in total
03:50 pm Nicholas Winton : silver looks great
03:50 pm Lou Ramone : will wait then
03:50 pm Mathew Waterfall : If you’re in options like I have been playing intraday it’s a different scenario
03:50 pm Nicholas Winton : $ASM closing in on 200dma
03:50 pm CrazzzyCam R : silver i agree
03:50 pm Nicholas Winton : a lot of small miners could erupt
03:51 pm Mathew Waterfall : Yepp. Im banking on it
03:51 pm CrazzzyCam R : tomorrow might be curts kind of day
03:51 pm Lou Ramone : swing trade I will say
03:51 pm Mathew Waterfall : $NUGT calls now 1.33 from .5. Im holding the rest if that tells yo anything about my view Lou
03:52 pm Lou Ramone : perfect!!!
03:52 pm Curtis M : lol funny ya true I make all my money in like 20 – 30 days a year thats it lol the rest is scalps
03:52 pm Curtis M : but when i do lol
03:52 pm Curtis M : $ASM nice chart
03:53 pm Mathew Waterfall : $PPP running as well. Nice call Hedgehog. This crew in here today is straight killing it. Scalps, swings, analysis. Well done everyone
03:53 pm Nicholas Winton : sweet
03:54 pm Nicholas Winton : note a couple of weeks ago, we heard $ASM is ramping silver processing capacity 70%
03:55 pm Nicholas Winton : and announced go ahead of a past-producing gold mine
03:55 pm Nicholas Winton : in BC
03:55 pm Curtis M : trpled last time
03:55 pm Nicholas Winton : if you think we’re in a bubble for assets, ASM not a bad little play
03:57 pm OILQ K : $NFLX jiggggy
03:58 pm OILQ K : shippers and maybe small cap metals tomorrow it appears
03:58 pm OILQ K : appears
03:58 pm Lou Ramone : when metals is over I wanted to ask about oil
03:59 pm Mathew Waterfall : $NFLX saw some call action right into the close
03:59 pm Curtis M : we have a webinar this weekend
03:59 pm Curtis M : schedule comes out tonight
03:59 pm Curtis M : perfect opp
04:00 pm CrazzzyCam R : cya tomorrow
04:00 pm Eddie D : cheers all
04:00 pm Slim L : peaca!!!!
04:00 pm Mathew Waterfall : Have a good night all. hope you banked some today. Im off to clear some downed trees and limbs
04:00 pm Curtis M : bye guys
04:00 pm Nicholas Winton : cheers everyone, thanks Curtis
04:00 pm Lou Ramone : bye
04:00 pm Nicholas Winton : great room
04:00 pm Curtis M : 🙂

Be safe out there!

Follow our lead trader on Twitter:

https://twitter.com/curtmelonopoly

 

Article Topics: $DRYS, $GALT, $AMD, $VRX, $GLBS, $TOPS, $OPXA, $DUST, $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


My Stock Trading Plan for Wednesday Feb 1, 2017 in Trading Chat room.$OKS, $VCEL, $SDRL, $DRYS, $DCIX, $ESEA, $SINO, $GLBS,   – $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:

Algorithmic Modeling Charts – Our US Dollar Index algo math finally completed last night – very excited it back tests nearly as accurate as EPIC. More on that this weekend. $SPY and $VIX we’re still working on and expect majority of the model if not all completed this weekend.

Morning Emails: Multiple emails and / or complimentary issues end this Friday. As of Monday this will change, as will passwords for each algorithm daily.

Discounts: We ended our inaugural discount offer to the public last night but a few members have asked for an extension because they are traveling etc…. so we can do that just for existing members until this weekend also… but please after that lets just leave that be because we don’t want to run a sales promo room environment.

SMS / Email Alerts: The SMS and emails alerts – sometimes we can’t alert, so this scenario occurred in Tuesday trade, I was in and out of $DRYS and it was high risk very volatile and I likely did ten or more trades – impossible to alert. Anyway, in most market environments that doesn’t occur, but I thought I would just clarify.

Current Holds:

$GOOGL – sold (sorry I didn’t alert on SMS / Email – I didn’t dump it for trading reasons so I didn’t want to influence anyone else – we also have family businesses that cancelled all advertising contracts with Google yesterday:)), $LGCY, $ROKA, $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:

With Fed, Facebook, Amazon and more it’s anyone’s guess – but I’m bias to bull side.

$SPY could pop easily IMO, $VIX is likely going to be trampled, Gold is at resistance, Silver at resistance but looks better than Gold, Miner’s have held up but Fed and USD/JPY could kick them to curb easily so I would be cautious, $DXY we have locked in so more detail this weekend, Oil is nearing a break-out or break-down that will be epic.

$JJC I continue to like… I started this sentiment in morning newsletters going back a few months now looking in to 2017.

$DRYS in post market and premarket has been surprising.

Bottom line is I would like to get some sizing going, looking seriously at $DUST for a long entry (I’m entering now as writing with fills in 30.50 range with 1000 shares), going to watching momentum stocks, copper, natural gas and earnings plays.

Gold, Premarket, Trading Plan, Stocks

Gold premarket. Gold Algorithmic Model Charting Worksheet Feb 1 831 AM $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST #machines

Morning Momo / News Bits:

Momo Watch: $OKS, $VCEL, $SDRL, $DRYS, $DCIX

BREAKING: Private payrolls grew 246K in January vs. 165K estimate – ADP

Mortgage Apps
7am

NFP
8:15am

Job Creation Index
8:30am

Mfg Index
10am

Construction
10am

Oil
10:30am

FOMC
2pm

http://Overstock.com +13% after Q4 results shine http://seekingalpha.com/news/3239469-overstock-com-plus-13-percent-q4-results-shine?source=twitter_sa_factset … #premarket $OSTK

Synergy prices equity offering; shares down 13% premarket

$VCEL Vericel announced the first implant of MACI in the United States

$SRAX Chardan Capital initiates coverage on Social Reality (NASDAQ:SRAX) with a Buy rating and a $9.00 price target.

Yields move higher after blowout ADP jobs number http://seekingalpha.com/news/3239466-yields-move-higher-blowout-adp-jobs-number?source=twitter_sa_factset … #premarket $TLT $TBT

Allergan completes LifeCell acquisition http://seekingalpha.com/news/3239465-allergan-completes-lifecell-acquisition?source=twitter_sa_factset … #premarket $AGN

Tinder owner Match shares down 6% premarket

Macau revenue disappoints for January http://seekingalpha.com/news/3239443-macau-revenue-disappoints-january?source=twitter_sa_factset … #premarket $WYNMF $WYNMY $WYNN $SCHYY

Mobileye -3% on Morgan Stanley downgrade http://seekingalpha.com/news/3239439-mobileye-minus-3-percent-morgan-stanley-downgrade?source=twitter_sa_factset … #premarket $MBLY

Copper tops $6K/ton as Escondida mine strike looms http://seekingalpha.com/news/3239438-copper-tops-6k-ton-escondida-mine-strike-looms?source=twitter_sa_factset … #premarket $BHP $FCX $JJC $CPER

Apple’s stock jumps 3.7% premarket after Q1 results late Tuesday

Baxter Q4 sales up 2%; net earnings up 19% http://seekingalpha.com/news/3239435-baxter-q4-sales-2-percent-net-earnings-19-percent?source=feed_f … #premarket $BAX

Altria stock down 4% premarket

Madison Square Garden takes controlling stake in new TAO Group http://seekingalpha.com/news/3239446-madison-square-garden-takes-controlling-stake-new-tao-group?source=twitter_sa_factset … #premarket $MSG

Oneok Partners’ stock soars 27% premarket after Oneok buyout deal http://www.marketwatch.com/tools/quotes/quotes.asp?symb=OKS&siteid=rss&utm_source=dlvr.it&utm_medium=twitter …

Pitney Bowes down on earnings miss http://seekingalpha.com/news/3239461-pitney-bowes-earnings-miss?source=feed_f … #premarket $PBI

Johnson Controls stock down 4.5% premarket

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: $OKS, $VCEL, $SDRL, $DRYS, $IBN, $NGD $UGAZ $TWLO $DCIX

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

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

(3) Other Watch-List: $DRYS sympathy $DCIX, $ESEA, $SINO, $GLBS 

(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:$CNHI $CMRE $COH $TWLO $DHR $LEG $BYD $MRVL $FOXA $CDW $RIC $APC $CR $AMGN $STZ $MRO  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$NS $KMX $MBLY $FOSL $DECK $VFC $RL $PVH $KORS $UAA $AMC $GLW $TWX $UPS $CRM $GGG $TSU $NCMI $RRTS $PKG $IMAX  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: $OKS, $VCEL, $SDRL, $DRYS, $DCIX, $ESEA, $SINO, $GLBS, $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


My Stock Trading Plan for Tuesday Jan 31, 2017 in Trading Chat room. $DRYS $RGSE $SINO $AEZS $XGTI – $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:

Volatility is here!!! Margin finally. Apple reports after market and Amazon Thursday – should get interesting. Morning chart reports show Gold, Silver near break outs, Oil near support, USDJPY near further break down and US Dollar confusing. VIX should be a good play today…. but most important is that margin has finally opened up! Thank you!

On the look out for great buys. Under Armour is interesting.

 

Morning Momo / News Bits:

Momo Watch: $DRYS $RGSE $SINO $AEZS $DCIX $SNAM $MNTA $XGTI

$OCRX HCW maintains Buy, PT lowered to $4

Exxon little changed as Q4 earnings miss, revenue rises http://seekingalpha.com/news/3239072-exxon-little-changed-q4-earnings-miss-revenue-rises?source=feed_f … #premarket $XOM

Fitbit downgraded to Sell at Citi, target $5 http://seekingalpha.com/news/3239074-fitbit-downgraded-sell-citi-target-5?source=feed_f … #premarket $FIT

Dimension Therapeutics’ gene therapy candidate for hemophilia B shows treatment benefit in early… http://seekingalpha.com/news/3239075-dimension-therapeutics-gene-therapy-candidate-hemophilia-b-shows-treatment-benefit-early?source=twitter_sa_factset … #premarket $DMTX

$CLRB Announces Two Peer Reviewed Studies Demonstrating the Capabilities of the PDC Platform

MasterCard lower after revenue miss http://seekingalpha.com/news/3239045-mastercard-lower-revenue-miss?source=feed_f … #premarket $MA

$SDRL -18% #premarket Has not yet reached agreement among all counterparties in talks to restructure $8.2B in secured #debt.

$TEVA slumps 7% #premarket U.S. District Court for the District of Delaware has invalidated all asserted claims of four patents.

Weak guidance and earnings miss sends UPS lower http://seekingalpha.com/news/3239038-weak-guidance-earnings-miss-sends-ups-lower?source=feed_f … #premarket $UPS

Thermo Fisher Scientific revenues up 7%; non-GAAP EPS up 14% in Q4 http://seekingalpha.com/news/3239036-thermo-fisher-scientific-revenues-7-percent-non-gaap-eps-14-percent-q4?source=feed_f … #premarket $TMO

Griffon EPS in-line, misses on revenue http://seekingalpha.com/news/3239034-griffon-eps-line-misses-revenue?source=feed_f … #premarket $GFF

Exxon Mobil EPS of $0.41 http://seekingalpha.com/news/3239027-exxon-mobil-eps-0_41?source=feed_f … #premarket $XOM

Oak Ridge Financial Services reports Q4 results http://seekingalpha.com/news/3239066-oak-ridge-financial-services-reports-q4-results?source=twitter_sa_factset … #premarket $BKOR

FedEx -1.7% after UPS disappointment http://seekingalpha.com/news/3239063-fedex-minus-1_7-percent-ups-disappointment?source=twitter_sa_factset … #premarket $FDX

$SNE #SONY up in #premarket $30.49 earnings on Thursday $35.. stake in M3 should provide boost to earnings. Image sensors sales skyrocket

 

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: $DRYS 43%, $JAGX 41%, $SINO 15%, $XGTI 13%, $AEZS 9%, $ESEA $TOPS $ATRS $DGAZ

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

(2) Pre-market Decliners Watch-List: Decliners: $UAA -26%, $UA -23%, $SDRL -15%, $SMLP -7%, $TEVA -6%, $JDST $UGAZ $DUST $DSLV  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: $VSAT $PAGP $XGTI $PAA $KRNY $VNOM $FBNK $QTS $SHOO $TUP $BHLB $MNRO $MKTX $CBOE $NNN $AHP $TEVA $MPSX $CLR as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $IDTI $GOLD $NGVC $OCRX $CTSH $FIT $CLH $BWLD $XXIA $M $NGD $BH 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:  $DRYS, $RGSE, $SINO, $AEZS, $XGTI, $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


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Jan 13, 2017 $GLBS, $NAKD, $DRYS, $PHMD – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

Official Launch: Five days down and on to day six on Tuesday! Last Monday was our official launch! If you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: 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.

Feature Post: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

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

$GLBS, $NAKD, $DRYS, $PHMD – Very quiet for me. $GLBS was the big mover and I just didn’t catch it. Caught momo $NAKD for moderate scalp. Chewed around edges of $DRYS and $PHMD. Dumped a couple small starter bags from earlier in week I didn’t want to hold over long weekend. All in all a good week up 47% on account so for the first of two weeks of the challenge I can’t complain. Looking forward to next 2 weeks in markets – Brexit and Trump theme.

Momentum / Noteable Stocks Today:

GLBS 7.24 135.83% 2501733 Top Gainers
SN 11.24 29.20% 16993449 Top Gainers
DXCM 85.13 25.91% 9316095 Top Gainers
PME 2.35 25.67% 1724368 Top Gainers
CAI 13.00 17.65% 286577 Top Gainers
PHMD 2.42 16.35% 961433 Top Gainers
CAI 13.00 17.65% 286577 New High
TNAV 8.05 15.00% 1653045 New High
SN 11.24 29.20% 16993449 New High
KIN 6.30 9.57% 2092565 New High
WOOF 91.25 0.27% 2482182 Overbought
GPT 27.43 0.22% 543073 Overbought
ESGN 26.49 0.68% 131376 Unusual Volume
DEZU 24.41 0.70% 28265 Unusual Volume
BNTC 1.85 12.12% 361113 Unusual Volume
OPHC 3.81 6.42% 95899 Unusual Volume
WMS 23.80 2.15% 1216322 Upgrades
AEPI 119.10 0.68% 124275 Earnings Before
CALX 7.35 6.52% 127838 Insider Buying

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Winning. Double account in two weeks.

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

Announcements in Trading Room:

09:19 am Curtis M : On the fly today. Be ready. Looks skinny but could go volatile. Lots of moving parts. Movers on screen.

09:27 am Curtis M : $APHB $TBIO $RXII $ETRM then very early looking at $VIX $GOLD

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:27 am Curtis M : $APHB $TBIO $RXII $ETRM then very early looking at $VIX $GOLD
09:40 am Curtis M : 2.14 Long 2000 $NAKD
09:47 am Curtis M : Fill 2.44 sold $NAKD looking again
09:47 am darnel p : I’m Holding
09:48 am Mathew Waterfall : no mic today curt? or is that an issue on my end?
09:48 am Curtis M : i will check
09:48 am Curtis M : yup i was yacking away i will fix it
09:50 am MarketMaven M : works curt
09:50 am Sartaj Hundal : It works
09:56 am Curtis M : Mathew – whats shaking in Gold etc?
10:02 am Mathew Waterfall : Im having issues on my end here my mic/speakers wont work for the site it looks like
10:02 am Curtis M : ok
10:02 am Curtis M : message sartaj he me have a fix:)
10:03 am Curtis M : Long $DRYS 2.01 tight stop 3000
10:09 am Curtis M : out 2.08 $DRYS 3000
10:09 am Sal Q : its gonna fly curt! maybe not
10:13 am Cara R : in $ESEA
10:16 am Curtis M : $GLBS on second halt
10:17 am Curtis M : Shipper flavor of the day
10:18 am Curtis M : Last Nov Dec all over again
10:20 am Sammy T : $CBIO long small tester
10:21 am Mathew Waterfall : Well not sure what the deal is with my mic so I’ll type here until that gets resolved
10:21 am Mathew Waterfall : Gold and the miners/$GDX are holding important levels. Tried to get pushed down off of th open and held up like a boss
10:21 am Mathew Waterfall : Overall market is choppy with $TICKS a bit to the downside but a narrow range so far
10:22 am Mathew Waterfall : Hopeing we get some expansion in the /ES but we are up against some resistance right now so it doesn’t look like that will be to the upside
10:23 am Curtis M : tough
10:24 am Mathew Waterfall : YEa overall very narrow in the general market. VIX is down as usual as of late, looking for some expansion there in the coming days
10:24 am Curtis M : banks r coming off too
10:26 am Curtis M : $RENN chart interesting – bullish indicators
10:26 am Curtis M : My $CBMX swing swinging again
10:32 am Curtis M : $GLBS vol halt
10:32 am Curtis M : $TBIO perky
10:33 am Curtis M : Watching $DSLV
10:45 am Flash G : Looking at $TBIO short with patience
10:49 am Mathew Waterfall : Short against HOD looks decent for $TBIO
10:49 am Mathew Waterfall : if it can get back close to that
10:51 am Curtis M : Tough morning I think I got out lucky with broker donation and two hotdogs and beers
10:52 am Mathew Waterfall : Yea choppy seas out here for sure
10:52 am Curtis M : SEAS:)
10:53 am Cara R : NQ time
10:54 am Curtis M : $TBIO cloud test
10:54 am Curtis M : pop or drop
10:54 am Curtis M : indicators not good
10:55 am Curtis M : VWAP WACKD maybe
11:00 am Curtis M : Long $DRYS 2.07 small starter 1000
11:01 am Curtis M : Stop set at 1.90
11:11 am Curtis M : moderate block on $DRYS just shy of 50,000 shares
11:11 am Curtis M : so fluid tho
11:12 am Mathew Waterfall : Im gonna take a break and reset everything in hopes of being able to get on the mic
11:12 am Mathew Waterfall : Be back shortly
11:12 am Curtis M : kk
11:46 am Curtis M : $RUBI halt violation
11:47 am Mathew Waterfall : On the mic in a second
11:47 am Sammy T : Perfect
11:53 am Carol B : Thanks Mathew
11:53 am Mathew Waterfall : I can hear you!
11:53 am Mathew Waterfall : Finally
11:53 am Curtis M : ol
11:55 am Mathew Waterfall : $NM looking to make a run. over 1.75 would be looking for 2
11:55 am Mathew Waterfall : Sympathy play to $DRYS if it can get going
11:58 am Mathew Waterfall : Also watching $BCEI on highs here
11:59 am Flash G : $AMZN NHOD
12:05 pm Cara R : Grabbing lunch before plays start for afternoon.
12:05 pm Curtis M : Great plan – me too- back in 20.
12:05 pm Mathew Waterfall : Hopefully something plays this afternoon. Might be 3.5 day weekend for a lot of people
12:36 pm Curtis M : $DRYS out 2.06
12:37 pm Curtis M : $PHMD ln 2.36
12:37 pm Curtis M : 1000
12:40 pm Curtis M : Correction avg fill 2.38
12:51 pm Curtis M : Looking to add over 3.57 w indicators on right side – if that occurs
12:51 pm Curtis M : 2.57
12:57 pm Curtis M : Just chew around edges of these till I hookj the right fish is my plan:)
12:57 pm Curtis M : f no big ones thin
12:57 pm Mathew Waterfall : Yepp pretty quiet out here. Added some $NUGT a bit earlier but not doing much sense
01:03 pm Curtis M : Cyber may go for a spin soon
01:04 pm Mathew Waterfall : Rig count down 7, interesting
01:04 pm Curtis M : ya
01:04 pm Curtis M : cause trump gonna gush the planet lol
01:05 pm Curtis M : trump gonna take out saudis watch
01:05 pm Mathew Waterfall : haha drill baby drill
01:06 pm Curtis M : him and putin and yup china buying it bahaha
01:08 pm Curtis M : A lot of people dont know they have to run a certan number of the rigs or it costs too much to restart – that inflectoin point likely at hand
01:09 pm Curtis M : we service the oil industry
01:09 pm Curtis M : ur family business
01:09 pm Curtis M : our
01:09 pm Mathew Waterfall : When will they start adding more wells, that’s my question
01:10 pm Curtis M : the industry will only grow in us shale area all other will be mantenance runs thats it so rgs will level off until trump takes over the world
01:10 pm Mathew Waterfall : so t minus 18 months, got it lol
01:11 pm Curtis M : trump wants to turn world n to a corporation – its gonna be fun to watch
01:11 pm Mathew Waterfall : $TLT on the come back trail today. Strong action though I think that will be a grinder towards 127/130’s
01:11 pm Mathew Waterfall : Hell that might as well happen but it might make too much sense
01:14 pm Curtis M : gold trade going to be tricky with him in power
01:15 pm Curtis M : lol I just retweeted an article that came accross my feed re us oil
01:15 pm Curtis M : timing
01:16 pm Carol B : $MNGA JIGGY GUYS
01:17 pm Curtis M : $PHMD ugh fart
01:17 pm Curtis M : fark i mean fark
01:20 pm Curtis M : Guys on Twitter rigs down cause ts cold – ummmm nope
01:21 pm Curtis M : never seen a rig shut down cause t was cold in 20 years
01:21 pm Curtis M : to warm yes
01:21 pm Mathew Waterfall : haha too cold? They realize where they drill right? Mostly the cold places in the continental americas
01:21 pm Curtis M : unless maybe mexicans?
01:21 pm Curtis M : yup
01:24 pm Mathew Waterfall : $MNGA looking a little low vol for me. Not a huge fan of those illiquid names
01:24 pm Curtis M : ya i only like em when everyone jumps in lol
01:24 pm Curtis M : this is painful
01:25 pm Mathew Waterfall : haha the whole day has been painful. I’m about to go on a boredom rant here just because I have nothing else to do
01:25 pm Flash G : ready
01:30 pm Flash G : Go on a major rant so sartaj can do a special video lol
01:30 pm Cara R : ya hahaha!
01:36 pm Jack D : cuts lots of cuts
01:37 pm Cara R : Scream and yell next time.
01:37 pm Mathew Waterfall : Was that quiet? I had my mic cranked up
01:38 pm Rob D : thanks Mat
01:38 pm Curtis M : Out
01:39 pm Curtis M : $PHMD broker donation and up 2 hotdogs no beer
01:46 pm Mathew Waterfall : chop chop day. Brokers and market makers are usually the winners on these types
01:47 pm Curtis M : broker made more than me today i think lol but i’m gonna get 1 here yet
01:48 pm darnel p : My opinion… you two have skill – lots of rooms I have looked at they get chopped up real time. Not you guys as far as I can tell. Thought you should know.
01:49 pm Mathew Waterfall : $BIOS on the board
01:49 pm Curtis M : darnel… i been watching i hink ou’re account healthy too
01:50 pm Mathew Waterfall : Thanks Darnel. It’s a learning process and we can all get better. Hope explaining some of my thoughts helps
01:50 pm Mathew Waterfall : $GLD up, $GDX down. hmmm
01:50 pm Curtis M : secret capital preservation imo
01:51 pm Curtis M : just my style we all have a style i guess
01:52 pm Curtis M : oil should be a great trade next week fyi
01:53 pm Curtis M : this $JDST bullish
01:53 pm Curtis M : inaugaration week might kill gold
01:54 pm Mathew Waterfall : Watching usd/jpy for gold direction here. boucning around par for the day
01:54 pm Curtis M : its a new market
01:56 pm Curtis M : short Canada is a good play too
01:57 pm Mathew Waterfall : OIl strength should help though right?
01:57 pm Curtis M : nope
01:57 pm Curtis M : US can pump oil 10 – 20 brrl less
01:58 pm Curtis M : NAFTA will unwind
01:58 pm Curtis M : seen all ths happen in 80s
01:58 pm Mathew Waterfall : Interesting. Hey, I like visiting and don’t mind a weak currency up there
01:58 pm Curtis M : lol ya
01:59 pm Curtis M : last round in 80s banks gave me houses every morning signed on dotted line and asked me to do my best to pay
01:59 pm Curtis M : over 1000 over them
01:59 pm Mathew Waterfall : hahahaha wow
01:59 pm Curtis M : coming soon
01:59 pm Curtis M : sad but true Canada got a free ride
02:00 pm Mathew Waterfall : I have been expecting a housing market crash up there for a while. Pushing out the chinese money might be the start
02:01 pm Curtis M : Canada oil one of the most expensve to produce in world
02:01 pm Mathew Waterfall : So the break even numbers of 55ish are a bit low?
02:01 pm Curtis M : and ts dirty and it has major transportation issues – natives / land
02:01 pm Curtis M : Canada needs 65 barrel
02:02 pm Curtis M : break even average some less many need more
02:02 pm Mathew Waterfall : wow. Knew most of it was dirty but 65 is gonna be tough in the coming year at least if not longer
02:03 pm Mathew Waterfall : Especially sense they;ve been pumping and apparently losing money the last 18 months
02:03 pm Curtis M : and other manufacturing – trump not gonna be friendly to canada with manufacturing no way
02:03 pm Curtis M : that leaves marry jane grow ops lol
02:04 pm Mathew Waterfall : Booming industry might as well hitch a ride
02:04 pm Curtis M : buy canadian weed stocks short the country
02:04 pm Mathew Waterfall : I’d laugh if that shows up on MSNBC. PLAY OF THE DECADE
02:05 pm Mathew Waterfall : $BAC green to red as I had talked about earlier. Banks not a great play here afterall
02:05 pm Curtis M : it will be lol I’ll mention it on next interviews coming up – we have a dtring of them coming – holding them off for about 3 weeks but I will say it lol
02:06 pm Mathew Waterfall : Nice. I guess now it’s not really that taboo but would still get some weird looks I bet
02:07 pm Curtis M : Sartaj better not be watching this lol or Ill never do another interview – hes very polite
02:07 pm Curtis M : Next week – I am going to be more aggressive than literally 27 years
02:07 pm Curtis M : this is torture
02:08 pm Mathew Waterfall : so boring, and right in front of a 3 day weekend. Even worse
02:08 pm Curtis M : ya thats my point fark
02:08 pm Curtis M : 1 play
02:09 pm Mathew Waterfall : Fringe benefit of this room. It gives us all something to do instead of boredom trade to lose money
02:09 pm Mathew Waterfall : Hey side not, I just got my fees down to a flat $4 a trade. Booyah
02:09 pm Mathew Waterfall : *side note
02:11 pm Mathew Waterfall : Like $SN short
02:21 pm Curtis M : they were buying snow an hour and a half before news
02:22 pm Mathew Waterfall : somebody always knows somethin
02:23 pm Curtis M : $ZSAN out took my bumps small loss but still a loss
02:23 pm Curtis M : 1.19 out $ZSAN
02:23 pm Mathew Waterfall : Options activity all over the board. Highe call/put blocks in the same indexes. No one knows from the ugly flow today
02:23 pm Mathew Waterfall : $TLT saw some hitters though
02:23 pm Mathew Waterfall : call side
02:24 pm Curtis M : got 1 more bag to dump small $TCCO
02:26 pm Curtis M : $TCCO dumping at 2.525 again small but a loss
02:26 pm Curtis M : NOt holding bags even small ones
02:27 pm Curtis M : Holding $DUST $CBMX $JUNO tho
02:27 pm Mathew Waterfall : Shield your eyes from $GDX then
02:27 pm Curtis M : hahaha
02:28 pm Curtis M : I’ll get out of $DUST with a profit lol – none of them are big posotions anyway just starters – but think Trump gonna kill gold then spike then kill then spike – I believe it wll be the best volatile trading in a long time – specfically gold
02:29 pm Mathew Waterfall : Well if i know one thing about you you’re right more often than wrong. I just unloaded a bit of $NUGT on that spike. will reload if we get a pullback
02:30 pm Curtis M : had a great week – if I’m reading this PL right up 47% – but I could be wrong but think thats it
02:30 pm Curtis M : sartaj will confirm hes doing a pl video
02:30 pm Mathew Waterfall : Not too shabby lolol. You were straight killing those momo scalps
02:30 pm Mathew Waterfall : $ETRM and $SGNL bought some new shoes for momma x1000
02:31 pm Curtis M : u know – i looked back on Monday and Tuesday – had i hammered down wow
02:32 pm Mathew Waterfall : In hindsight we’re all billionaires
02:32 pm Curtis M : im goiong to have to have two charting systems lol
02:32 pm Mathew Waterfall : $GS new lows. Banks getting beat so far
02:33 pm Curtis M : yup
02:34 pm Curtis M : was actually gonna short when CNBC was promo them
02:34 pm Mathew Waterfall : Would have been a good fade
02:34 pm Curtis M : back in 5 bulldog woke
02:34 pm Mathew Waterfall : $SN short here vs .4 kind of attractive. I see this giving up some gains with a good r/r if I’m right
02:43 pm Mathew Waterfall : Sold some $JNUG on this pop as well picked up yesterday at the dump
02:43 pm Curtis M : nice
02:44 pm Curtis M : I think I was trading $XIV around Brexit for 28.50 ish
02:44 pm Curtis M : maybe less
02:44 pm Curtis M : ya 23.50
02:44 pm Mathew Waterfall : I remember trading that in the spring in that low 30’s range all the time
02:45 pm Mathew Waterfall : AThat was like 2 $UXVY splits ago hahahahaha
02:47 pm Mathew Waterfall : Went short $SN here small vs .4. Target 10.5
02:47 pm Mathew Waterfall : Knowing that it gapped hard and could reverse on me over the long weekend so keeping it small
02:48 pm Curtis M : tweeting to piss off some trolls
02:49 pm OILK K : Seen that!
02:49 pm Cara R : I get them too.
02:50 pm Cara R : $SN might be a bg dump.
02:51 pm Curtis M : Man I would have lost that one – I was looking at long
02:51 pm Mathew Waterfall : Need to get past 11.07 for more dumpage
02:52 pm Mathew Waterfall : When you originally posted it was iffy. The fact that it came up and couldn’t get close to the high said short to me but we will see. Not over yet
02:53 pm Curtis M : ya but i would have entered and biled so i owe u drinks on the beach – which needs to be farly soon
02:53 pm Curtis M : longest ive been home for a long time
02:53 pm Curtis M : home is nice but
02:54 pm Curtis M : wow bama pumped about gold
02:54 pm Mathew Waterfall : Beach sounds nice after being in Iceland last week
02:54 pm Mathew Waterfall : That guys is hilarious. Very intelligent I think but holy hell he goes off and gets locked into his thinking
02:55 pm Curtis M : passion
02:55 pm Mathew Waterfall : bias
02:55 pm Curtis M : i will happily dump dust for a gold rally
02:56 pm Curtis M : Just retweeted a bad predictoin for my dust trade
02:56 pm Mathew Waterfall : If we can get up and over 1200 on gold with a backtest I’ll go full bama
02:57 pm Mathew Waterfall : That bear flag look on $DUST is not so encouraging
02:57 pm Curtis M : i can tell u where to go full in
03:00 pm Curtis M : talk about precise algo
03:00 pm Mathew Waterfall : Seriously. Maybe you’re on to something here afterall
03:00 pm Mathew Waterfall : lol
03:02 pm Curtis M : red arrows are the walls
03:02 pm Mathew Waterfall : $30 range between 1210-1240 would be a nice alley to take advantage of
03:03 pm Curtis M : price followed that arrow perfect
03:03 pm Curtis M : stopped perfect too and used support perfect lol
03:04 pm Curtis M : Gold needs over 1241.91 for 90% confirmation and over 1255.93 for like high 99% confirmation
03:04 pm Curtis M : between here and there its all fluff
03:05 pm Curtis M : Actually 1260.23 is the bg number
03:06 pm Mathew Waterfall : That would roughly line up with 24-25 $GDX I would think which I have as big levels in the miners
03:06 pm Mathew Waterfall : Would probably need dollar sub 100
03:07 pm Curtis M : the thing the math has taught me is dont f around with it lol
03:07 pm Curtis M : something about it – like a natural order type thing
03:08 pm Mathew Waterfall : At this point I’ve learned to trust the algo work
03:08 pm Curtis M : so the top of that yellow rectangle is the target
03:09 pm Curtis M : you see how each box price nails the apex of the box?
03:09 pm Curtis M : or tries
03:09 pm Curtis M : doesnt always
03:09 pm Curtis M : anyway miners should hit top of box
03:10 pm Curtis M : 25.50
03:10 pm Curtis M : ish
03:10 pm Mathew Waterfall : Until we fall out that says clearly risk is to the upside if downside is ~21
03:10 pm Curtis M : ya right now 21.44 is support intra
03:11 pm Curtis M : very detailed stuff coming out monday on gold and oil and silver fyi
03:11 pm Flash G : I like that!
03:12 pm Mathew Waterfall : I’m looking forward to that after lightening up this afternoon
03:12 pm Jack D : Makes a lot of sense.
03:13 pm Curtis M : $NFLX winners!
03:13 pm Mathew Waterfall : $NFLX and $FB both put in strong weeks
03:13 pm Mathew Waterfall : Just saw a large $APPL order for feb 130 calls go by as well
03:14 pm Curtis M : Im going to swing Amazon and Google in 2017
03:15 pm Curtis M : $XGTI soooo hard to trade
03:15 pm Mathew Waterfall : Yea I saw that chatter. Sitting that one out
03:16 pm Curtis M : pos
03:16 pm Curtis M : ts like fishing for pickerel and snagging a jack
03:17 pm Curtis M : ugh tempting
03:17 pm Mathew Waterfall : Looks at clock…
03:17 pm Curtis M : ya
03:17 pm Mathew Waterfall : I’ve see a few set ups bit I don’t like late friday movers. Never seem to work for me
03:19 pm Curtis M : chart bot nailed the buy
03:28 pm Curtis M : whoa
03:28 pm Mathew Waterfall : There’s the late firday dump for ya. $TBIO got the same treatment
03:29 pm Mathew Waterfall : Unfortunately $SN can’t get on board here
03:30 pm Curtis M : got ya
03:32 pm Curtis M : all by my self
03:32 pm Mathew Waterfall : Sleeping in at least!
03:32 pm Mathew Waterfall : No early wake up for us west coasters
03:32 pm Sal Q : hahaha yes!
03:34 pm Mathew Waterfall : aca repeal step 1 passed
03:35 pm Mathew Waterfall : interesting to see what this does to ibb
03:35 pm Curtis M : ya
03:35 pm Curtis M : hmmm
03:50 pm Mathew Waterfall : Have a good weekend all. Holding on to my short book through the long weekend. See ya Tuesday
03:50 pm Curtis M : ya shuttinh er down u too1
03:51 pm darnel p : night guys!
03:51 pm Sal Q : thanks!!!!!!!
03:51 pm Hedge H : see you all Tuesday

Article Topics:  $GLBS, $NAKD, $DRYS, $PHMD, $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


Review of my Chat Room Stock Day Trades and Alerts for Tuesday Dec 6 $NVCN, $DRYS, $JDST, $JUNO, $CBMX, $UCO, $ATW, $GOLD, $USDJPY, $USOIL, $WTIC and more.

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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

I got an exit on my $JDST swing from Monday.

From Monday:

I took a late day $JDST long entry (which is tough because they’re buying the dips in $GOLD now but I see $USD/JPY not quite done – we’ll see – likely overtrading).

$JDST, Stock, Chart

$JDST Overnight worked in and out

I am still holding $JUNO and $CBMX. $JUNO I’ll likely re-hit. When I trade a wash-out as a swing I’m prepared for a 1000 then 3000 then 5000 ish entry as pull backs occur (you” see this if you follow my trades). My video series on our You Tube channel of the $SKLN trade covers it in detail (really raw). Which by the way I have $SKLN on watch again here too.

$CBMX, Stock, Chart

$CBMX Swing – conviction trade vs. snipe gets me 10% today – holding

$JUNO, Stock chart

$JUNO A washout swing I’m in that I just about hit for 3x today but didn’t. Holding.

Primary Lessons That May Help Your Trades:

$JDST I sold a tad early (a habit I need to break and refine)… but a profit is just that (same story as $SGY on Monday). My original entries did not give me a 4 to 1 minimum risk reward. They are starting to buy the $GOLD dips instead of selling the rips so my $JDST risk-reward potential WAS NOT 4 to 1 (in a high probability way) which (as noted yesterday) breaks a primary trading rule.

$CBMX swing go a nice 10% pop today and $JUNO had some down draft but you’ll see the instutional guys hammer down.

My $UCO trade was tight – didn’t see the pop in Oil I though we’d see. And as was my $DRYS and $ATW entries.

Today was a day I should have caught the momos… ESPECIALLY $NVCN IT WAS ON MY PREMARKET WATCHLIST!!!

$NVCN, Stock, Watchlist

$NVCN Crazy momentum stock straight from the watchlist this morning! Wow.

Looking Forward:

There are a tonne of set-ups in the market right now. Still on my watch are; emerging markets, $EEM, $LPCN, $DVAX, $DNAI and my buddy’s $SRPT and others are setting up. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS hit resistance and it showed so watching $DGAZ and $UGAZ on the break-out side. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since Nov 30 break-out (so this makes trading oil related easier for me) and I’m not sure what $SPY will do.

Announcements in Trading Room:

08:48 am Curtis M : Gainers: $TXMD 31%, $HTBX 23%, $IL 15%, $PPHM 10%, $MEMP $VKTX $NVCN $SAGE $UGAZ $IPDN $DEPO $BOIL $ENPH $NVLS $IMMU $COUP

10:06 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you\’re moved. All looks the same anyway. Were getting ready for multiple rooms.

11:59 am Curtis M : On lunch – back at 12:45 EST. Sartaj is moving blocks of people between rooms so don’t sweat it if you\’re moved. All looks the same anyway. Were getting ready for multiple rooms.

Stock Chat-room Trading Transcript:

09:03 am Curtis M : Active momo $TXMD $IL $DRYS $SAGE $IPDN $DEPO $COUP $CLNE $DB $IMMU $CLLS $CONE $GOGL
09:22 am Curtis M : $RCON $TXMD $HTBX $IL $NVCN $VKTX $DRYS $SAGE $IMMU $NVLS $COUP $ENPH $ESEA
09:25 am Curtis M : Not excited about premarket momos fyi I may focus on oil gold natgas spy etc at open
09:39 am Curtis M : running scans
09:49 am Mathew Waterfall : Out of my JNUG calls. small win but would rather take risk off there
09:52 am Curtis M : Long $UCO 10.79 starter 1000 shares swing
09:53 am Curtis M : I’ll scales in at 3000 then 6000 if trend is on my side $UCO
09:55 am Mathew Waterfall : Hitting next week MGM 30’s Breaking upside resistance
09:55 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
10:00 am Mathew Waterfall : Also reloading a small position in CLF on daily weakness. Jan17 12c’s
10:25 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
10:25 am Curtis M : I had a cuple people moved to another room DM me so thats why I will repost notice as the day goes on FYI
10:40 am Curtis M : New 52wk Highs: $KLIC $MAR $PJT
10:40 am Curtis M : New 52wk Lows: $GALE
10:46 am Curtis M : JUST IN: European Union clears Microsoft’s $26B buyout of LinkedIn with conditions. $LNKD $MSFT
10:56 am Curtis M : Scaling in another 5000 $UCO off the $USOIL $WTIC intra OIL bottom – add to 1000 intra
11:00 am garreed e : .
11:00 am Curtis M : Looks like a back test
11:02 am Curtis M : Long $UCO 10.79 starter 1000 shares swing from earlier entry and looking to scale in another 5000 here soon
11:37 am Curtis M : $DRYS
11:37 am Curtis M : $DRYS 13%
11:48 am Mathew Waterfall : Pretty quiet day overall. I think between now and year end things will remain fairly calm barring some actionable event. Hopefully we can mix that with some year end window dressing and get a melt up going
11:49 am Curtis M : $DRYS HOD + 2.13%
11:51 am Curtis M : $SHP sorry
11:51 am Curtis M : $SHIP HOD
11:59 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
12:57 pm Curtis M : back for afternon session
01:01 pm Curtis M : $JDST out 34.36 ish
01:03 pm Mathew Waterfall : MNKD Crushing it today. Picked up a few common’s to play against yearly low. A couple points of resistance between here and $1 but it should move
01:04 pm Mathew Waterfall : The yearly chart is nuts
01:08 pm Curtis M : Long $DRYS 5.026 1000 shares scale at 5k then 10k if it goes my way tight leash pray
01:12 pm Curtis M : Out 5.50 gonna re-enter $DRYS
01:13 pm Curtis M : 5.05 sorry
01:28 pm Mathew Waterfall : DNAI longer term hold IMO. I have a couple shares but looking for 2+ in the coming weeks
01:29 pm Mathew Waterfall : NFLX crushing
01:29 pm Mathew Waterfall : CLF also acting better along with XOM went red/green
01:52 pm Mathew Waterfall : MGM HOD. Calls working there nicely.
01:52 pm Mathew Waterfall : hahaha I’ve been told that I have a face for radio…
01:59 pm Curtis M : 133% $NVCN
02:14 pm Curtis M : Long $ATW 2000 at 11.339 – out flat
02:27 pm Curtis M : $NFLX
02:28 pm Mathew Waterfall : Looking for some rotation into tech and possibly let fins cool off a bit. Running hard into the rate hike might not leave much on the table for afterwards
02:30 pm Mathew Waterfall : Gotta run early again today. See ya tomorrow AM. Make some $$$
02:31 pm Curtis M : cya
02:31 pm Curtis M : thanks
02:32 pm HighTimes Now : bye Mathew
02:50 pm Curtis M : Leaderboard $NVCN +96% $RXII +53% $CRDS + 25% $FRBK 24% $IPI + 19%
03:25 pm Curtis M : Out $UCO small gain
03:25 pm Curtis M : Im done for day – se ya tomorrow – I’ll leave room open till market close at 4 EST

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SKLN, $CBMX, $JUNO, $DRYS, $JDST, $ATW, $UCO, $GOLD, $USDJPY, $USOIL, $WTIC


Review of my Chat Room Stock Day Trades and Alerts for Tuesday Nov 29, 2016. $CBMX, $GLBS, $DRYS, $SHIP, $UWTI, OPEC, $USOIL, $WTI, OIL and more.

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.

Overview Perspective of Chart Room, Trades and Alerts:

Today was a day of review of inflecton point charts in $USD/JPY, $SILVER, $GOLD, $DXY, $SPY, $NATGAS etc. Spent some time in the afternoon going over levels to watch. As we get in to Dec with members only I will be reviewing in more depth including algorithm details. So this will be normal practice in quiet periods in room. I am also booking some guest speakers for those times.

Also, we are waiting for OPEC decison. I am long $UWTI from late Friday.

And then there were the Shippers and some BIO runners today for those of us tired of sitting on our hands during inflection – I made my donation – twice.

Primary Lessons That May Help Your Trades:

My $UWTI long… previous comments;

I took a trade on $UWTI at the wrong time on the chart – didn’t get on right side of it. I sold in morning to be sure I got out (OPEC has me pensive) and then took a position later when it “looked like” price action was going to get away on me —-> FOMO is what that is called. Oh well, can’t win them all – haven’t lost it yet – but definitely on wrong side of trade so far and that’s not the edge a trader wants.

So now it’s hard to say – in overnight trading oil is up 4.83%.

$GOLD and $SILVER per previous comments;

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse.

$SPY, I haven’t taken a trade on recently, perhaps should have entered on this most recent pull-back, looking for position soon again. Previous comments;

The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

$CBMX, this is my LESSON OF THE DAY. I don’t know how many times I have to learn this one…. cut fast. Anyway, I’m under water on it so we’ll see. It is a smaller position in my swing account so it isn’t that concerning but still a bad move. The way I play this is to hammer down two more times at inflection points on the wash-out with tight stops.

Announcements in Trading Room:

08:48 am   Curtis M : https://compoundtrading.com/pre-market-newsletter-monday-nov-28-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

09:06 am Curtis M : Decliners $NVLS, $FOLD, $PI, $USLV, $FDUS, $TCBI, $GOLD, $GWPH, $AAPL, $ERIC
09:07 am Curtis M : Advancers $CYTR $CBMX $VBLT, $KNDI, $ARIA, $TTPH, $NVFY, $NTNX, $OCUL, $WB, $GOOGL, $AMZN
09:17 am Curtis M : .
09:19 am Curtis M : $CBMX $GENE $CYTR $VBLT $THO
09:26 am Curtis M : $CBMX likely 5 today
09:28 am Curtis M : $CBMX break of 4 is my buy after bell
09:33 am Curtis M : Long 416 2000 $CBMX
09:35 am Curtis M : Stopp $CBMX 409
09:47 am GSCT . : /CL looking to retest LOD
09:47 am GSCT . : 45s
09:48 am Curtis M : $NYMX halt
09:56 am Curtis M : $GENE monster
09:57 am Curtis M : Reset charts soon – bogged
09:59 am GSCT . : SKLN 3.11 now
10:08 am Curtis M : $CWEI $REN curb stomped
10:16 am Curtis M : I’ll start on SiLVER GOLD OIL charting etc once mornng slows here
10:24 am Curtis M : Iran chatter trying lift oil
10:31 am Xmid S : $EYEG squeeze very possible
10:32 am Curtis M : $GENE HOD and strong
10:35 am Curtis M : 2000 Long $CBMX 4.08
10:53 am Curtis M : Going to let this trade simmer and look to add later… taking a 30 min break and then back to prep charts for aft session and run thru OIL GOLD SILVER SPY NATGAS etc
11:58 am Curtis M : Back for afternoon sessoin running scans
12:13 pm Curtis M : GLBS halt
12:18 pm Mathew Waterfall : In NUGT .26 playing against the 100 on the 1′
12:19 pm Mathew Waterfall : Been minding that well, should see some lift. Possibly add more over highs
12:23 pm charles wilks : still think cbmx will get to 5$?
12:23 pm Mathew Waterfall : Stop bumped to .27 on NUGT trade. Right under 10 on the 1′ for a scratch at worst
12:23 pm Curtis M : thats my plan over next 3 days – but could be wrong
12:25 pm charles wilks : ok keeps hitting resistance now 3.95 last hr
12:29 pm Adam Q : $DRAM +33%
12:32 pm Randloph R : $GNK on the move HOD Shipper
12:32 pm Mathew Waterfall : Stop hit on NUGT trade. Small .10/share win. Looking to reenter on 50/100 touch
12:35 pm Winifred F : Taking some $GENE here for EOD move
12:40 pm Sandeep G : $DCIX R/G off $GLBS
12:45 pm Mathew Waterfall : Like that bull flag on the 1′ on GENE
12:45 pm Mathew Waterfall : Up and over the 200 would be strong
12:46 pm Winifred F : $DRYS $SHIP in play of course
12:52 pm Curtis M : 1000 $DRYS 4.63 Long Swing acct
12:57 pm Curtis M : 4.53 out loss
01:07 pm Mathew Waterfall : In GENE at 2.43. Out under that bull flag/100 at 2.39
01:07 pm Mathew Waterfall : Will be moving stops up if it goes
01:16 pm Mathew Waterfall : And out at 2.4
01:31 pm Mathew Waterfall : NUGT back on close watch. Would like a 50 touch. Currently resisting 9 day on 1′
01:35 pm Mathew Waterfall : in @8.51. Crappy fill. Tight stop to the downside it if breaks that 50 if may see the 100 quick
01:40 pm Curtis M : $GOLD testing 200 MA on 15 Min
01:42 pm Mathew Waterfall : Got my stop hit in NUGT at 8.48
02:19 pm Mathew Waterfall : Painful ranges today. May reenter NUGT at .44 which seems to be acting as support if gold heads north
02:26 pm GSCT . : SKLN off LOD
02:26 pm GSCT . : No vol but a good price
02:29 pm GSCT . : What do you think Curtis?
02:30 pm GSCT . : Just a spec play really without a catalyst
02:33 pm GSCT . : Increasing volume is a catalyst at this point
02:33 pm GSCT . : Thanks.
02:41 pm GSCT . : XIV nice ramp
02:58 pm Curtis M : $USD/JPY has to bounce or $GOLD will bounce
03:13 pm Curtis M : Done for day gong to leave room open and watch $USD / JPY from phone for faiilure at 618
04:30 pm GSCT . : SKLN AH

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $CBMX, $GLBS, $DRYS, $SHIP, OPEC, $UWTI, $USOIL, $WTI, OIL