Compound Trading Premarket Trading Plan & Watch List Wednesday July 11, 2018.
In this edition: OIL, #EIA, $RIG, $MTSL, $ACHV, $MNGA, $MYGN and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notices:
Notes in red text in this report are more recently important.
Scheduled Events:
- Lead trader (and/or other team members) will be active in live trading room today as follows (and only as available);
- 9:25 Market Open – access limited to live trading room members
- 10:25 EIA Report – access limited to live trading room and EPIC oil members
- 12:00 Mid Day Trade Review – access limited to liver trading room members
- Any other live trading sessions will be notified by email.
- The above listed times are expected live trading time blocks only. Live voice broadcast will only occur if there is a trade set-up to discuss by the lead trader. Screen sharing will be active through-out each time frame.
- Link: https://compoundtrading1.clickmeeting.com/livetrading
- Password: live
- For membership access, options here: https://compoundtrading.com/overview-features/
- Any questions send me an email [email protected]
- Daytrading room now re-open to daytrading room members as lead trader alerts via email. If you are not receiving notices please email us at [email protected].
- July 28 – 29, Santo Domingo – #IA Intelligent Assisted Platform (private, internship & staff training / development).
- Aug 25 – 26, Santo Domingo – Oil Algorithm (EPIC) Multi-User License Trade Execution & Integration (private invitational, institutional).
- Sept 14 – 16, Cabarete – Trade Coaching Event – Learn How to Trade or Take Your Trading to the Next Level (public, retail).
Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.
May 29 Memo: Important Changes at Compound Trading – Pricing, Trader Services, Trader Procedure, Invoicing.#IA #AI #Algorithms #Coding
Machine Trading Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Premarket Report: On lead trader availability basis only (the premarket reports are not published every market day).
Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
Real-time Trade Alerts:
Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds. Oil Trading Alerts, Swing Trading Alerts, Day Trading Alerts, Bitcoin Trading Alerts.
Disclaimer / Disclosure:
Subscribers must read disclaimer.
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.
How to Swing Trade Like the Pros and Win Most Trades. #swingtrading #freedomtraders
Password: IC Protected: How to Trade Allergan (AGN) Stock Move (Exclusive) $AGN #swingtrading #daytrading #chart
Password: TRADEAAPL Protected: Trading Apple’s Stock Move (Member Exclusive) $AAPL #swingtrading
Password: SWINGDXY, Protected: Trading US Dollar Index (Part 2 – Member Exclusive) $DXY $UUP #USD #SwingTrading #Daytrading
Password: swing Protected: Trade Set-Ups w/ Video #EIA, Oil, $TSLA, $NFLX, $ESPR, $PG, $AAPL, $SPY, $CARA, $EGY, $GERN, $BPT more. #swingtrading
Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm https://compoundtrading.com/feature-post-with-charting-how-to-trade-the-us-dollar-index-move-part-1-dxy-uup-usd-trading-chart-algorithm/
Password: SET Protected: Swing Trade Set-Ups (May 15/16 Member Edition) $WTI, #OIL, $BTC, Bitcoin, $AMBA, $AMD, $BLNK, $ITCI,, $SPY, $DIS, $LAC, $BOX, $AAOI more.
Password: AI Protected: How to Trade Pure Storage Earnings in Six Days (Member Edition) $PSTG
Password: WOW Protected: How to Trade Box Earnings Move (Swing Trade Member Exclusive)
Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.
Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)
Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading
Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts
Recent Educational Articles / Videos:
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
25 Stocks Moving In Wednesday’s Pre-Market Session https://benzinga.com/z/12004366 $ACHV $MTSL $MYGN $CONN $HJLI $STAF $SAR $ARQL $IOTS $SRE $MFGP $MSM $WDFC https://www.benzinga.com/news/18/07/12004366/25-stocks-moving-in-wednesdays-pre-market-session
Market Observation:
Markets as of 8:42 AM: US Dollar $DXY trading 94.16, Oil FX $USOIL ($WTI) trading 73.29, Gold $GLD trading 1251.64, Silver $SLV trading 15.92, $SPY 277.43, Bitcoin $BTC.X $BTCUSD $XBTUSD 6359.50 and $VIX trading 12.5.
Momentum Stocks to Watch:
News:
All 30 Dow stocks fall premarket, led by United Technologies and McDonald’s
All 30 Dow stocks fall premarket, led by United Technologies and McDonald's https://t.co/BbXqCfDMf6
— Curtis Melonopoly (@curtmelonopoly) July 11, 2018
Report: Oil and gas M&A to surge in late 2018 https://www.chron.com/business/energy/article/Report-Oil-and-gas-M-A-to-surge-in-late-2018-13062765.php?utm_campaign=twitter-mobile&utm_source=CMS%20Sharing%20Button&utm_medium=social&utm_campaign=twitter-desktop&utm_source=CMS%20Sharing%20Button&utm_medium=social via @houstonchron
Otsuka to acquire ReCor Medical and Visterra https://seekingalpha.com/news/3369253-otsuka-acquire-recor-medical-visterra?source=feed_f … #premarket $OTSKF $OTSKY
Recent SEC Filings:
Recent IPO’s:
Earnings:
#earnings scheduled for the week
$JPM $PEP $C $HELE $WFC $DAL $SMPL $FAST $ANGO $MSM $PNC $WDFC $FRC $CBSH $SLP $AIR $EXFO $SKIS $SAR $OZRK $ASPU $VOXX $NTIC $KSHB
http://eps.sh/cal
#earnings scheduled for the week $JPM $PEP $C $HELE $WFC $DAL $SMPL $FAST $ANGO $MSM $PNC $WDFC $FRC $CBSH $SLP $AIR $EXFO $SKIS $SAR $OZRK $ASPU $VOXX $NTIC $KSHBhttps://t.co/r57QUKKDXL https://t.co/maS1jAU37S
— Curtis Melonopoly (@curtmelonopoly) July 10, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
Please refer to the date on the top of each chart (they are often carried forward).
$RIG $MRO Energy: Marathon Oil and Transocean Look Like Buys
ByTeresa Rivas July 9, 2018 10:23 a.m. ET
Oil Algorithm Simple Weekly Gen 1 Model. Oil has been working resistance 3 weeks now. July 10 414 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Oil has been working resistance 3 weeks now. July 10 414 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
TRANSOCEAN (RIG) Trading 13.74 with upside targets 15.63 19.54 with earnings in 27 days. $RIG #swingtrading #chart
TRANSOCEAN (RIG) Trading 13.74 with upside targets 15.63 19.54 with earnings in 27 days. $RIG #swingtrading #chart
NETFLIX (NFLX) Triggering long in premarket over 400.00 targets 412.00 then 422.00 a key range pivot resistance. $NFLX #swingtrading
NETFLIX (NFLX) Triggering long in premarket over 400.00 targets 412.00 then 422.00 a key range pivot resistance. $NFLX #swingtrading
AMERICAN EXPRESS (AXP) With the 50 MA coming to meet price, will price retrace like it did previous or break out. $AXP
AMERICAN EXPRESS (AXP) With the 50 MA coming to meet price, will price retrace like it did previous or break out. $AXP
VALEANT (VRX) Time cycle concludes July 9, time to have next trajectory on watch and trade it. $VRX #swingtrading #daytrading
VALEANT (VRX) Time cycle concludes July 9, time to have next trajectory on watch and trade it. $VRX #swingtrading #daytrading
Gold chart monthly – trade over 50 MA but out of simple structure to bearish side.
Gold chart monthly – trade over 50 MA but out of simple structure to bearish side.
SPECTRUM PHARMA (SPPI) Had a great day up 15.5% trading 21.90. Entries at the arrows. Long play. $SPPI #SwingTrading
SPECTRUM PHARMA (SPPI) Had a great day up 15.5% trading 21.90. Entries at the arrows. Long play. $SPPI #SwingTrading
DISNEY (DIS) Held mid quad support in sell off, bounce here targets 110.66 Sept 5. On high watch. $DIS #swingtrading
DISNEY (DIS) Held mid quad support in sell off, bounce here targets 110.66 Sept 5. On high watch. $DIS #swingtrading
KARI THERAPEUTICS (AKTX) Under 200 MA but significant volume last few days. On high watch. $AKTX #stock #chart
KARI THERAPEUTICS (AKTX) Under 200 MA but significant volume last few days. On high watch. $AKTX #stock #chart
CITIGROUP INC (C) Keeps working that support line. No bias here. Watching. $C #stock #chart
CITIGROUP INC (C) Keeps working that support line. No bias here. Watching. $C #stock #chart
EAGLE BUILDING MATERIALS (EXP) Trading 111.05 trending toward 117.75 Nov 2, 2018 price target. $EXP #swingtrading
May 20 – EAGLE BUILDING MATERIALS (EXP) Trading 111.05 trending toward 117.75 Nov 2, 2018 price target. $EXP #swingtrading
ALPHABET (GOOGL) Swing trade setup has been going well. 1213.50 July 3 price target in play. $GOOGL #swingtrading
ALPHABET (GOOGL) Swing trade setup has been going well. 1213.50 July 3 price target in play. $GOOGL #swingtrading
LIVEPERSON (LPSN) Our $LPSN swing continues 24 intra – over 23.80 targets 24.60, 25.05, 25.90 main resistance. #swingtrading
LIVEPERSON (LPSN) Our $LPSN swing continues 24 intra – over 23.80 targets 24.60, 25.05, 25.90 main resistance. #swingtrading
ALLERGAN (AGN) swing trade continues – trading 176.55, over 174.76 targets 180.28, then 184.62 main resistance Aug 13. $AGN #swingtrading
ALLERGAN (AGN) swing trade continues – trading 176.55, over 174.76 targets 180.28, then 184.62 main resistance Aug 13. $AGN #swingtrading
PACIRA (PCRX) swing trade continues trading 39.40 – over 39.65 tragets 40.50 then 41.80 main resistance. $PCRX #swingtrading
PACIRA (PCRX) swing trade continues trading 39.40 – over 39.65 tragets 40.50 then 41.80 main resistance. $PCRX #swingtrading
FACEBOOK (FB) swing trade on schedule and target trading 201.15 – over 201.80 bullish targets 202.41 206.58 main 209.97 June 21 or July 6 $FB #swingtrading
FACEBOOK (FB) swing trade on schedule and target trading 201.15 – over 201.80 bullish targets 202.41 206.58 main 209.97 June 21 or July 6 $FB #swingtrading
150s to 201s Boom $FB We’re in from the 150 s on that great wash-out snap back swing trade set-up trading 201.74 #swingtrading #snapbacktrade #learntotradefear
150s to 201s Boom $FB We’re in from the 150 s on that great wash-out snap back swing trade set-up trading 201.74 #swingtrading #snapbacktrade #learntotradefear
Market Outlook, Market News and Social Bits From Around the Internet:
Economic Data Scheduled For Wednesday:
Economic Data Scheduled For Wednesday pic.twitter.com/1vlIw36sio
— Benzinga (@Benzinga) July 11, 2018
$XLE Energy ETFs May Strike it Big This Earnings Season https://finance.yahoo.com/news/energy-etfs-may-strike-big-190937451.html?soc_src=social-sh&soc_trk=tw … via @YahooFinance
If you are new to our trading service you should review recent blog posts, the Compound Trading 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 the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. 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 Intra-day Trading 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 Charting Model 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: $MTSL, $ACHV, $MNGA, $AST $SCYX $TRPX $HJLI $TVIX $BOSC $TANH $UVXY $FAST $AVP $VXX $SOXS $MYSZ $DWT $TRIP $NVIV $DRIP $SCO
(2) Pre-market Decliners Watch-List :
(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 $WTI ($UWT, $DWT, $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), $BTCUSD Bitcoin.
(5) Recent Upgrades: $DATA $TXN $TDG $ABB $MSI $CONN $CHRW $HSBC $MYGN $PBR $TRIP $ALV $SCYX
Crestwood Midstream $CEQP PT Raised to $35 at Barclays
Credit Suisse initiates Altice USA at 11% upside https://seekingalpha.com/news/3369259-credit-suisse-initiates-altice-usa-11-percent-upside?source=feed_f … #premarket $ATUS
Genesis Energy LP $GEL PT Raised to $24 at Barclays
(6) Recent Downgrades: $YEXT $JAZZ $SHOO $WERN $TDS $MBIN $HES $PAAS $TLP $HTSM $VIPS
AT&T stock falls after Credit Suisse initiates at underperform
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
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly
Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, OIL, #EIA, $RIG, $MTSL, $ACHV, $MNGA, $MYGN
