Compound Trading Chat Room Stock Trading Plan and Watch List Monday Oct 23, 2017 $AIMT, $EVOK, $SPPI, $FB, $AAOI, $SHOP, $SNAP, Bitcoin, $XTBUSD, $BTC, Gold, Oil, $WTI – BITCOIN, $BTCUSD, Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notices:

Notes in red text below are new comments entered specifically today.

Today’s Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Oil, Gold, Swing Trading, Day Trading, Bitcoin are now available by following specific alert Twitter feeds.

Disclaimer / disclosure: Every subscriber must read this disclaimer.

Private Capital Fund / Personal Trading Going Forward:

The private capital fund will bring slight changes.

The financing of our business build-out was planned to occur by way of either retail memberships, institutional memberships or private fund trading. The retail market is still early and slow on the uptake of the requirement toward #IA intelligent assisted trade (within six years our estimation is that most retails traders will all need it, but until then we’re not waiting and we’ll just be ready on the other side of that awareness curve). The institutional membership growth has been strong and to be sure we meet our growth trajectory goals (development completion timeline targets for launch of digital “intelligent assistance” #AI algorithm models) we are engaging the implementation of a private capital fund.

A few things of consideration:

  1. Following my trades is never condoned. Trade alerts are for the purpose of alerting awareness to something important occurring so that a member can form a thesis of trade and they are also for the purpose of learning when I win and win I fail. This (following trades) will be more difficult going forward because my frequency of trade will increase also.
  2. Trade Alerts. The trade alerts (swing and day) are not guaranteed at any time (in and/or out) however, it is important to note that with a much higher frequency of trade I will be alerting only those trades I expect to last a few hours or longer. If you ask me for targets or thesis type questions on the alert feeds or otherwise it is unlikely you will receive a response. Trade review videos will be posted for that purpose as required.
  3. Type of Trades. We will be trading the algorithm models (the seven we have), day trading and swing trading for the fund.
  4. Trade Sizing. When I alert to the trading room or on a feed I will be alerting the size only specific to the membership base trading. In other words, the size of trade in our private fund is not disclosed.
  5. ROI Objective. We are trading under the goal / target of returning 100% per month. 50% would be very good and 25% is the minimum goal. So at minimum we are looking for 25% ROI per month compounded over 24 months. The fund size and/ or members will not be disclosed.
  6. Term of Project. The term is 24 months (as mentioned above). It is a personal & stakeholder legacy fund / goal retirement project. Others we train as we progress will continue the legacy fund thereafter (as will they continue with our trading services at large).
  7. Trading Platform on Screen. You may see at times (when I am trading my small daytrading account) my actual IB trading platform on the screen. When I trade my accounts (any of them) they may or may not be connected to various other private fund accounts (at different percentages etc).
  8. Sizing Considerations. Because we are also trading a private fund, there will be trades we cannot take that I may otherwise take because the fund trade size will make it difficult for me to chip in and out of and other related liquidity issues.

Reporting and Next Gen Algorithms:

EPIC Oil $USOIL $WTI algorithm is now considered complete and ready for coding phase, Rosie Gold $GLD $GDX algorithm model is complete Gen 3 and has entered Generation 4 modeling (that is EPIC the Oil Algo level), $SPY, $SILVER and $DXY Generation 2 models and $VIX Gen 1 are delivered. $Bitcoin $BTCUSD #crypto was released Sept 1.

Master Class Charting Series Webinars:

All members received a copy in their email inbox as we progress. Full series will be posted to website at a cost of 2999.99. Early adopter members receive it free.

Attendees to next Master Classes being held in Dominican, Columbia and Panama attendees will receive 50% credit to off-set travel costs. Limited space FYI. Looks like a master class will happen in Columbia Jan 2018 – will advise.

Connect with me on Discord.

Recent lead trader blog / video / social posts

Part 2 of Episode 4 Podcast – Data Scientist

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 Mid Day Chart / Trade Set-Ups:

See You Tube for other recent video posts. 

Oct 18 Trade Set-Ups $OCN, $SPPI, $OPTT, $VERI, $BTC, $SHOP, $SNAP, $FB, $AAOI…

Oct 13 Trade Set-ups $RGSE, $BTC, $SHOP, $SNAP, $NETE, $CLF, $FSRX, $SOHU, $GROW, $CYCC, $RNN…

Oct 10 Trade Set-ups Review $BTC $XBTUSD, $SHOP, $HMNY, $ANAB, $MNKD, $ARDM and more

Oct 9 Trade Set-Ups $SNAP, $AAOI, $SHOP, $ROKU, $VERI, $BTC, $XBTUSD, $BABA, $TSLA, $BLUE, $HMNY…

Oct 6 Trade set-ups $USOIL, $WTI, $BTC, $ROKU, $LINU, $KONE, $JP, $XXII, $HLF, $CATB, $IPI …

Sept 19 Trade Set Ups $ARRY, $AAOI, $HMNY, $VERI, $SPY, $EPZM, $XBTUSD, $BTC https://www.youtube.com/watch?v=ZvtMmsETa70&t=3913s … #trading #premarket #rulesbasedtrading

Sept 15 Trade Set-Ups $PI, $SNAP, $ARRY, $VERI, $TTOO, $MRTX, $HMNY…

Sept 14 Trade Set-ups Review $NATGAS, $HTZ, $FENG, $WTI, $JKS, $VERI…

Recent Profit and Loss Performance:

Q2 2017 Swing Trading Results are available here: P/L Realized Gains: $99,452.00 Percentage Portfolio Gain 105.74% (~35% per month)

https://twitter.com/CompoundTrading/status/895889454212108289
https://twitter.com/CompoundTrading/status/895492181699571712

Trading Plan (Buy, Hold, Sell) and Watch Lists.

Morning Momentum / Gap / News / PR Stocks on Watch:  

Market observation / on watch:

US Dollar $DXY flat / up ish. Oil $USOIL $WTI has lift in recent sessions but in multi month sideways action, Gold / Silver continuation moderately to the sell side (I continue to warn that Gold especially is vulnerable), $SPY moderate / flat, $BTCUSD $XBTUSD off a bit over the weekend and $VIX 10.1 and moderate.

Recent Momentum Stocks to Watch: 

OTC on watch: 

Recent SEC Filings to Watch: 

Some Earnings On Deck: $ACC, $ADC, $CLB, $CR, $HNI, $HSTM, $IBTX, $JBT, $KNL, $LOGI, $OI, $PCH, $PEB, $RMBS, $SPN, $SUI, $WHR, $WSFS, $ZION

Recent / Current Holds, Open and Closed Trades:

Hold small $SNAP (win), holding $SPPI (YTBD), hold some $FB (win), $XBTUSD many trades & all wins (only thing we can claim that – we don’t lose), $AAOI underwater and holding waiting for a bounce for a double down, $SHOP holding and trimmed some (winning), Gold closed my short for a win, and oil no new position as of yet.

Previous recent notes:

Out 99% of $SNAP for win, new swing in $SPPI in to earnings. Hold most of $FB swing for winning exits, $XBTUSD Bitcoin we have been winning of course and especially with most recent downturn and spiking yesterday (we bought all the way down and sniped off some on bounces) and $AAOI holding, $SHOP holding. In a tight oil trade premarket long and a swing in Gold short.

Yesterday killed Bitcoin and an oil scalp. Holding $AAOI, $SNAP, $SHOP.

Holding everything still… trimmed some $SNAP and keep winning on Bitcoin 100 x leverage 24 hours a day 7 days a week.

As above, Bitcoin has been an incredible trade for members and continues to be -100 x leveraged accts having huge gains in $XBTUSD, We have members knocking on the 1 Million door that will be interviewed on our podcasts soon. $AAOI is off 20% and I am holding, $SNAP and $SHOP I continue to hold. $SNAP has been great recently also.

On Monday I entered $SHOP wash-out set-up long near HOD (but I needed a confirmed strength so that’s the way it is) and I held overnight for a swing. Still holding $AAOI and $SNAP.

In overnight trade I got a really good trade long in Bitcoin related $XBTUSD 100x leverage swaps and called the pop in oil (expecting EPIC the Algo weekly target hits) just in time in the oil trading room but missed my personal entry because we are retooling (the new machines are here and being set-up).

$ROKU I closed near the top Friday for decent gains on that swing and hold $AAOI and $SNAP yet. I am also ina $XBTUSD (Bitcoin) swing from weekend trade.

My $ROKU play looks very strong in premarket – I have been warning shorts publicly and in room very specifically told members a number of times Friday could be very active to upside. I continue to hold $AAOI and it may be a loser that I will cut if it fails 200 MA on daily.

Yesterday I closed $ATEC flatish after scalping a win previous day and $VERI I closed at a loss. Still holding $SNAP, $AAOI and tiny $OMVS position.

First quarter was easy set-up trading, second quarter got a tad tighter and by third quarter many if not most charts were extended and now the rotation is like wack a mole so I am consolidating a master list of the best most predictable structurally sound charts and will just trade them until market sorts itself.

Recently closed off $ARRY decent and entered $ATEC and $VERI yesterday. Still holding $SNAP, $AAOI, and a tiny $OMVS position.

A tad concerned about $AAOI as Applied Optoelectronics $AAOI Stock Rose, Cardinal Capital Management Lowered Its Stake by $2.73 Million …

Yesterday was good. Re entered $ARRY and it looks good. Added to $AAOI and took some off later in day for a profit. Lots of plays in and out of now – market is in much better shape.

I trimmed some positions yesterday and added some ($CUR, $ARRY, $VERI, $AAOI) and I’m active in Bitcoin $XBTUSD right now and looking at oil bias short and Gold trading soon (and miners). Review video when posted for details.

Last week on the Bitcoin dump we entered the Bitcoin fray with a buy of Bitcoin, since then on Monday I entered $XBTUSD (am looking for a move up and adds over time – it has an area of resistance to work through – but the MACD on the daily may be about to turn up here and that would be big – $GBTC on OTC play I am considering with China scenario) and trimmed some $ARRY. Still holding $ARRY and $SNAP and have some very small other positions.

Friday was an excellent trading day. Accounts all up on the day about 5%.

Review on $WTI, $SNAP, $ARRY and $TVIX trade in Mon and Tues mid day videos. Last night I took a quick oil scalp small and got a paper cut in a Gold short.

Friday I went long $ARRY $SNAP and hedged with $TVIX (which is getting hammered premarket). Also in Oil in overnight trade with the smaller position accts flat at time of post and large account positions a tad underwater on it. But the chart is on my side (risk – reward).

Closed that $AMBA trade for a small loss and the most recent oil trade from last report for a win.

Thursday no trades other than closing $MSFT overnight for small profit.

Yesterday was choppy and I nailed an oil scalp in overnight trading. In $MSFT yesterday on daytrade and swing side, in $CUR on daytrade side still and holding $UUP on swing trading side still.

Yesterday I had wins intra in $XIV and shorting $TVIX. also had an overnight hold in $CUR that is yet to be determined.

$XIV, $ARWR, $PETS wins on Thursday. On Wednesday oil $WTI big win and $PETS and $AMD on daytrade small account build yesterday.

Yesterday I closed $UWT daytrade for small win, large oil trade for win, small Gold trade for win and small loss in $TVIX. Recently $XIV I closed in premarket for small gain, still holding some position from previous, $UGLD (closed in premarket July 31 small gain), $FEYE (closed for nice gain), $SRG (closed for nice gain), $NFLX (closed for huge gain), $IPXL (closed for gain), $AKCA (closed nice gain), $MCRB (closed small gain), $WMT (closed excellent gains), $UUP (closed small loss), $BWA (closed tiny loss), Holding: $XIV and new entry $AMMJ. All other holds are small size (less than 4% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (all not including select swing trading or algorithm charting trades).

Recent Chart Set-ups on Watch:

$OCN is added to my watchlist thanks to JDee in the room on mid day chart review and $SPPI which I am in.

Per recent;

From Monday in the room $LCI (thanks to Sean) and $HIIQ are on my watchlist.

I am adding $ONTX to my short term watch… it has its 200 MA and is in a bull formation. $BABA, $BBRY. $GBTC, $AAOI, $FIT, $FSLR, $JKS, $FEYE $LACDF, $CTSH, $NVO, $TSLA, and $AAMJ. $NLNK and $PI are recent chart set ups – $GPRO for possible break out on chart and recent new includes $SNAP and $ARRY – $ARWR, $CDNA, $XXII, $SHOP (wash-out), $SENS, $HCN, $GTHX, $EDIT, $IPI, $XOMO, $MBRX, $PDLI, $LPSN and more that can be reviewed on You Tube videos or on weekly Swing Trading reports.

See other mid day charting trade set-up reviews on You Tube. The set-ups are key to success if you’re swing trading (even daytrading).

We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day. Many of the mid day reviews are published “private” for members only so be sure to watch your email inbox for these among other member only videos.

Market Outlook:

Moderate. But as I mentioned previous, I do like the look of many charts in to earnings. This is a big week for earnings.

Market News and Social Bits From Around the Internet:

$NVDA pt to 230 @ Jefferies was 180

$MULE – Canaccord Genuity upgrades MuleSoft (NYSE:MULE) from Hold to Buy.

$NITE – BMO Capital Initiates Coverage On $NITE – American Depositary Shares with Outperform Rating, Announces $30.00 Price Target

$ZKIN ZK International Wins Contract to Assist with Shenzen Water Group’s Pipeline Upgrade

$MRK $AZN AstraZeneca and Merck Rapidly Advance LYNPARZA® (olaparib) in Japan With a Second Regulatory Submission

$WYY WidePoint Corporation Announces New Telecom Lifecycle Management Contracts

Stocks making the biggest moves premarket: HAS, HIG, HAL, ROKU, VFC, GE, CSCO & more

#earnings $AMD $AMZN $GOOGL $MSFT $V $BA $INTC $MCD $CAT $HAL $CMG $STX $LMT $T $HAS $GM $F $BIDU $TWTR $GILD $CELG #premarket

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 their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).

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 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 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:  $AIMT 45%, $EVOK 17%, $ENRJ $AGEN $ACRX $XNET $TEUM $STX $UGAZ $RENN $LYL $PETS $MARK $PSTI $BOIL $VFC $HMNY $ARNC

(2) Pre-market Decliners Watch-List :  $UVXY $TVIX $GLD $NUGT $JNUG $DGAZ $QD $HAS $CLF $ETSY $DBVT $ATRS $GBT $ROKU $GE $FL

(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), $BTCUSD Bitcoin.

(5) Recent Upgrades: $ATHN $DPS $MULE $TERP $GE $SM $SRRA $JBHT $ILMN $SAIC $CX

(6) Recent Downgrades: $RIO $CELG $TSRO $AJRD $IBKC $WHF $MELI $GE $CLF $RRC $EGP $STI $FL $EFX $BIIB

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: $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 and lead tech developer @hundalSHS.

Article Topics: $AIMT, $EVOK, $SPPI, $FB, $AAOI, $SHOP, $SNAP, Bitcoin, $XTBUSD, $BTC, Gold, Oil, $WTI Premarket, Watchlist, Stocks, Trading, Plan, $BTCUSD, BITCOIN, $XBTUSD, #Gold, $GLD, #OIL, $USOIL, $WTI, $DXY, US Dollar, $SILVER, $VIX, $SPY


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Wednesday Feb 15, 2017; $FNCX, $EVOK, $FIG, $ZSAN, $EDIT, $USOIL, $UWT – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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:

Yesterday’s trading results can be found here:

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

Premarket was again a very busy and impressive premarket. Normally our room is quiet premarket with folks preparing for the day, but there were some traders that couldn’t resist.

Anyway, one of our traders hit three huge movers in the premarket ($FNCX, $EVOK, $FIG) and nearly doubled her account size before the bell even rang – and then she kept hitting later in the day on $ZSAN and $EDIT – as did others).

My big win was on $NOVN and Mathew was moving around his trade positions too. EPIC the Oil Algo hit the 10:30 Tuesday target dead on this morning so our $USOIL $WTI Oil related long hold in $UWT is doing well.

We have a really skilled group in the room – not that I have anything against the rooms with early traders, but it is nice to have a large percentage that are skilled – and best of all, our early traders mature in to positive returns faster than most I think (because of the other traders in their midst). It seems that way anyway.

The $NOVN trade I knocked out of the park (it terms of timing but not in terms of percentage gains like the other traders in our room hit the 70% type wins in premarket). I took an alert in the room on a halt in $NOVN and when it re-opened for trade hit it right away for 3000 shares and then near immediate for another 6000 long. My cost average was just under 6.60 and I closed for 7.70 (near the top of the spike).

Some of our SMS and email alert folks asked me today why they did not receive the trade alert from me – on these really quick ones it’s impossible – from the time I entered long to my exit it was less than 70 seconds (if I remember right) – so in that 1 minute there is no possible way to alert. I couldn’t even alert the room in a perfect way – I did, but it wasn’t perfect. Mathew was doing a voice broadcast updating our room on the markets, commodities, currencies etc during the time also.

One way to fix that is on Twitter you can get my Tweets live notifications (you can set this on your feed) and you can also subscribe to the room and get live text interaction in the room. I know these two options may not be possible as some folks work etc and thats why you get the SMS alerts and are not in the room. So we are endeavoring to get you every single trade (no matter how quick) on SMS and email, but it isn’t always possible.

 

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

Ticker Last Change Volume Signal
ZSAN 2.85 41.09% 35149505 Top Gainers
BRN 2.45 38.41% 93570 Top Gainers
NOVN 6.44 34.45% 5432657 Top Gainers
EVOK 3.40 30.27% 20648868 Top Gainers
EDIT 24.30 28.84% 5610805 Top Gainers
FIG 7.99 28.66% 151445269 Top Gainers
FIG 7.99 28.66% 151445269 New High
BRN 2.45 38.41% 93570 New High
WGBS 6.60 14.78% 393318 New High
WIX 61.50 16.15% 2359703 New High
WOOF 90.93 0.18% 1491274 Overbought
SWIR 25.65 1.58% 591364 Overbought
FIG 7.99 28.66% 151445269 Unusual Volume
CIDM 1.69 26.12% 8472808 Unusual Volume
FWDB 25.53 0.83% 74815 Unusual Volume
SPXH 32.66 0.40% 179823 Unusual Volume
ACOR 25.40 6.50% 1195211 Upgrades
ADHD 1.30 8.33% 3245132 Earnings Before
MLVF 20.80 -0.95% 12592 Insider Buying


Stocks, ETN’s, ETF’s I am Holding:

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

Trading and The Markets Looking Forward:

Per yesterday, “The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

These low float micros have in past signaled the end of a cycle in the market – keep that in mind.

Per yesterday, “Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Epic our FX $USOIL $WTI Oil Charting Algorithm Wednesday 10:30 EIA target area hit (not perfect to the cent and second but trade was in target area and very near center at exact time). Note: The Periscope / Twitter post heading below is incorrect – it should read Wednesday not Tuesday.

Per yesterday, “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:

$DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Gold and Miner’s are both at what we consider key resistance.

Silver $SLV:

Silver is at what consider key resistance area also (along with Gold).

Crude Oil $USOIL $WTI:

Crude oil continues to threaten a key support area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

As noted above EPIC the Oil Algorithm hit the Wednesday 10:30 AM target call – chart below.

Wed #EIA 1030 target call area hit. Within 6 cents of time and price called. Crude algo intra work sheet 1030 AM Feb 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

EPIC, Oil, Algo, #EIA, Target, Hit

Wed #EIA 1030 target call area hit! Within 6 cents of time and price called. Crude algo intra work sheet 1030 AM Feb 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Volatility $VIX:

Volatility continues its flat line.

$SPY S&P 500:

$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.

Natural Gas:

It seems to be near a low IMO, we’re watching.

Momentum Trades:

As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

As noted above, we have literally sent one out of the park after another. Continues to look good forward.

Earnings:

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

Announcements in Compound Trading Chat Room:

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

08:50 am Curtis M : PreMarket Trading Plan Wed Feb 15 $FNCX, $FIG, $CIDM, $PTX, $GRPN, $UGAZ, $UWT LINK: https://compoundtrading.com/premarket-trading-plan-wed-feb-15-fncx-fig-cidm-ptx-grpn-ugaz-uwt/

09:40 am Curtis M : Techs are working on room access issue and being able to chat issue lol – new software last night may have something to do with it but I doubt it.

Transcript:

Premarket chatter missed before recorder was turned on.

09:05 am Curtis M : $FNCX, $EVOK, $FG, $BSTG, $UHAZ, $UWT
09:09 am MarketMaven M : wow
09:09 am MarketMaven M : Just also nailed $EVOK with with premarket buy – all out now – up over 70%
09:10 am Lenny T : That was a great play out also
09:13 am Curtis M : congrats on those guys
09:15 am MarketMaven M : DOuble up on account haha
09:15 am MarketMaven M : 3 plays
09:19 am Lenny T : that was crazy momo
09:22 am Sammy T : congrats marketmaven
09:30 am Lenny T : $FNCX way off
09:31 am Lenny T : $FNCX over 4.50
09:31 am Curtis M : L $FNCX 4.52
09:32 am Curtis M : If it doesnt hold VWAp I will cut
09:33 am Curtis M : Out 4.38 small loss on 1000 shares
09:33 am Sammy T : Think I may go back in myself
09:34 am MarketMaven M : not the best open
09:40 am Curtis M : Techs are working on room access issue and being able to chat issue lol – new software last night may have something to do with it but I doubt it.
09:41 am Sartaj Hundal : No problems here
09:41 am Sartaj Hundal : I’d recommend using a new browser to those having issues, or updating their current one
09:41 am Curtis M : back in 5
09:46 am Mathew Waterfall : Issues for me getting into the room. In some $SWN premarket and $JNUG premarket as well
09:46 am Mathew Waterfall : Looking to trim some $JNUG already but gold actually acting well here
09:47 am MarketMaven M : ya a few reported issues
09:47 am Mathew Waterfall : Added back some $PLG here as well
09:48 am Mathew Waterfall : Worked for me to switch over from Chrome to IE if anyone has similar issues in the future on not being able to load the chat window
09:51 am MarketMaven M : whats IE?
09:51 am Mathew Waterfall : Also cut my $TRQ position in half. Hasn’t been getting the action I’ve wanted slight win there and will leave a trailer
09:51 am Mathew Waterfall : Internet Explorer MMM. I know old school
09:53 am MarketMaven M : i saw curt using oprah so i tried it but ok IE thanks
09:53 am MarketMaven M : oprah haha opra
09:54 am Mathew Waterfall : Yea I use chrome for everything so not sure where the issue was this AM but easy fix
09:55 am Sandra Q : $FFHL $KALV $CIDM on my watch
09:56 am Mathew Waterfall : Ton of call sweep action basically everywhere. Big ones are $AAPL, $BAC, $GRPN, $INVA but seeing a ton of call flow right off of the open
09:56 am Sandra Q : congrats on that double up this morning MarketMaven you’re buying aftermarket tonight
09:58 am Mathew Waterfall : $SWN watching through 9.15 area. Add there
10:05 am MarketMaven M : back in $EVOK btw at 4 though why not be a piggy
10:07 am OILQ K : way to go
10:08 am Mathew Waterfall : $JUNO into the gap
10:08 am Sammy T : twas sweet action pm
10:09 am Sammy T : whats going on with $BSTG curt?
10:11 am Mathew Waterfall : Stopped out of $UEC on the trailer I had on. Winner there and horrible action today after that opening pop
10:11 am Curtis M : $BSTG some guys I know are accumulating so on watch
10:12 am Curtis M : $SHOP at 52 week highs and I held that mother for 6 months before I dropped it for a loss last year fark
10:14 am Mathew Waterfall : Looking to start shorting up here. $TZA calls, possibly $SPY puts
10:18 am Dave D : $NOVN halt
10:19 am Mathew Waterfall : All you metals players survive that dollar spike alright?
10:19 am Mathew Waterfall : Was scary there for like 15 minutes lol
10:19 am Sammy T : I played around it all daytrading only
10:20 am Dave D : dollar hasnt been easy on me but survive
10:20 am Mathew Waterfall : nice job, so did I sammy. This range offers us great opps to play those flushes and bounces
10:21 am Mathew Waterfall : On the mic
10:21 am Dave D : got ya clear ni prob mat
10:22 am Sammy T : kk
10:25 am Curtis M : L NOVN at 6.60 cost avg sorry alert didn’t work when i pressed enter
10:26 am Curtis M : Out $NOVN 7.70 decennt win 9000 shares
10:27 am Curtis M : all good out
10:29 am Dave D : I followed on that $NOVN curt but only got .30 cents
10:30 am Lenny T : ur making a lot of sense today Mathew:)
10:30 am Lenny T : like it
10:30 am Sandra Q : I went with ya silent curt
10:30 am MarketMaven M : haha me too!!! that was nuts action
10:31 am MarketMaven M : ya you’re right lenny Mat keeps my head on lolol
10:31 am Mathew Waterfall : haha thanks Lenny, I have my days
10:31 am MarketMaven M : that was an awesome alert btw good call way to be on it guys
10:32 am MarketMaven M : what a day
10:32 am Mathew Waterfall : Oil, wow huge buiold confirmed. This is playing out like last year but the market isn’t going lower. Weird action IMO
10:33 am MarketMaven M : oil is mad science
10:34 am Mathew Waterfall : Science can only matter so much when we are at record inventory numbers
10:35 am MarketMaven M : lol
10:36 am Mathew Waterfall : Just picked up a starter amount of $UGAZ because I love a good pain trade
10:38 am Mathew Waterfall : Eyes on $LNG here along with my $SWN pos as well
10:38 am Dave D : had my finger on trigger for $UGAZ 24 times last 24 hours
10:39 am Dave D : :0
10:39 am Mathew Waterfall : Me to Dave. I just went in small with the idea that i would let it float and add if we get move downward price action. Keeping it very small allows me to not owrry about the losses as much
10:40 am Dave D : have to be on it close
10:45 am Curtis M : Going to review #EIA report crude oil trade with EPIC Algo chart in a couple minutes – if you are on obile and cant here it you can find it on my periscope anytime later
10:50 am Sammy T : oil will crash! hahahaha bear
10:50 am Curtis M : not in to the oil trade sammy? 🙂 dont blame ya
10:51 am Sammy T : not not now
10:51 am Curtis M : ha
10:53 am MarketMaven M : should just follow that epic thing ha
10:53 am MarketMaven M : goin on lunch has a big day cya soon
10:55 am Sandra Q : good idea me too
10:57 am Mathew Waterfall : Sense all the cool kids are doing it, gonna take a quick break back in a few
10:59 am Curtis M : kk
10:59 am Sammy T : ha
11:16 am MarketMaven M : not much goin on I think i will go back for a bubbly: now:)
11:16 am Lenny T : queen today!
11:17 am Lenny T : I have’t left yet going now
11:17 am Lenny T : lunhc
11:26 am Curtis M : crude came off pretty heavy there but stopped at that dotted white algo fib line
11:27 am Curtis M : gotta remember those fri targets are weak just saynig
11:31 am Mathew Waterfall : Not much going on on my end but I did reset everything and got the chat to open inChrome so that’s a win
11:31 am Lenny T : winners!
11:32 am OILK K : $FUN looks FUN at 52 week highs too! Winner
11:33 am OILQ K : fun nnny
11:33 am OILQ K : luv
11:34 am Mathew Waterfall : $TZA Mar 24c’s at .15. First short stab here
11:34 am Lenny T : GL!
11:34 am Sandra Q : Gonna need it Mat! 🙂 careful
11:34 am Dave D : cheeky
11:36 am Mathew Waterfall : We’ll see. Trading optiosn means defined risk up front. Take the size you’re comfortable with. It goes to 0 and I won’t loose any sleep over it
11:37 am Mathew Waterfall : Feel free to timestamp this right or wrong howeve
11:38 am Dave D : ha timestamp! men are always right anyway
11:39 am Mathew Waterfall : We’ll call that $IWM 139 and see where we go from here. with a month until expiration on those bad boys
11:57 am Mathew Waterfall : $PLG on a ripper from this morning. These smaller names should come to life shortly
11:58 am MarketMaven M : ! $PLG I missed it
12:01 pm Mathew Waterfall : I hit a readd this morning on the weakness, looking for 2.50’s then 4’s long term
12:06 pm MarketMaven M : wow!
12:28 pm MarketMaven M : curt AC investor watching your screen?
12:28 pm NewbiHH O : Hi guys
12:28 pm MarketMaven M : hey newbi
12:28 pm NewbiHH O : hi
12:29 pm Curtis M : whu u ask MM?
12:29 pm MarketMaven M : he just longed $PRKR and you’ve had it up for last 45 mins … curious if u guys know ieach other
12:30 pm NewbiHH O : did u guys nail the oil today?
12:30 pm Curtis M : ah nope
12:30 pm NewbiHH O : that report was confusing again..
12:30 pm Curtis M : nice wins this morning btw MM nice double up
12:31 pm NewbiHH O : nice
12:31 pm MarketMaven M : EIA report? newbi
12:31 pm NewbiHH O : yes..
12:31 pm NewbiHH O : i thought it was a short..but it ripped
12:31 pm MarketMaven M : ya I think thats why Curt gave up trading his method ad follows EPIC lolololol cry
12:32 pm MarketMaven M : that happened to curt not long ago too
12:32 pm NewbiHH O : that happen to me last week..lol
12:32 pm MarketMaven M : last week i think
12:32 pm MarketMaven M : ya
12:32 pm MarketMaven M : he was freaknh mad
12:33 pm MarketMaven M : $PRKR curt!
12:33 pm MarketMaven M : nice call
12:33 pm Curtis M : got it from bottoms up twitter feed
12:34 pm NewbiHH O : what price at $PRKR?
12:35 pm MarketMaven M : curt just put it on screen an hour or go or so maybe 45 mins ago
12:35 pm Curtis M : not in it
12:36 pm NewbiHH O : oh
12:37 pm MarketMaven M : lowfloater again
12:39 pm NewbiHH O : $WIX near $62
12:39 pm NewbiHH O : /zb
12:40 pm NewbiHH O : $AIG
12:41 pm NewbiHH O : I only made one trade today..$AIG
12:41 pm NewbiHH O : oil spooked me again..
12:41 pm MarketMaven M : work out?
12:41 pm MarketMaven M : the trade?
12:42 pm NewbiHH O : yeah..shorted it at open
12:42 pm MarketMaven M : nice
12:42 pm NewbiHH O : thx
12:43 pm NewbiHH O : edit
12:43 pm NewbiHH O : edit
12:43 pm Dave D : $EDIT JIG
12:43 pm NewbiHH O : dang it..cant short it
12:44 pm NewbiHH O : any news ?
12:44 pm Dave D : $prkNOT SURE
12:45 pm Dave D : sorry not sure
12:45 pm NewbiHH O : ah…$edit
12:54 pm Lenny T : $WIX $BAC the two I’m looking at for EOD entries
12:54 pm Lenny T : and $AMZN
01:01 pm NewbiHH O : $WIX 15min looks like a RBI
01:02 pm Mathew Waterfall : $WIX is a smoker. Seems like tripple digits are in its future
01:04 pm NewbiHH O : $EDIT baout to pop
01:10 pm NewbiHH O : $RDUS about to pop..but tape slow
01:10 pm Mathew Waterfall : natty flush
01:11 pm NewbiHH O : ah…
01:12 pm Mathew Waterfall : 200 day around 2.89 which it bounced off of yesterday so watching that for support
01:21 pm Mathew Waterfall : What you thinking here on natty Curt? It’s a tough one to read
01:22 pm Curtis M : vol may no tbe low enough yet on daily – may not be bottom
01:23 pm NewbiHH O : /ng if we dont get a2.931 bove we test 2.909?
01:23 pm Edward Johansson : hi guys, who should I message for support? just wondering about sms service
01:24 pm Mathew Waterfall : Lower vol than summer bottom and similar to fall but yea not a ton in the futures
01:24 pm Curtis M : hi Ed sure ya email in if u dont mind
01:24 pm Edward Johansson : cool, will do
01:24 pm Curtis M : afternoon seeson just getting going
01:24 pm Curtis M : thanks 🙂
01:25 pm Mathew Waterfall : I’mn looking for a clear 2.951 or risk another 200 day Newbi
01:25 pm NewbiHH O : ah..got it
01:26 pm Mathew Waterfall : We tested abover there but couldn’t hold it. That’s yesterdays high and VWAp at 2.957 so short term what I’m watching
01:26 pm Curtis M : The chart bot has naioed the buys recent on daiily natty
01:26 pm NewbiHH O : ah ha
01:26 pm NewbiHH O : thats the one on the screen
01:26 pm Curtis M : the blue
01:26 pm Curtis M : 4 buy alerts would have been decent
01:27 pm NewbiHH O : okay.. do you have a youtube vid? i was wondering about the screen..haha
01:27 pm NewbiHH O : $EVOK poop
01:28 pm Curtis M : lol Mat hate to put your financial life in the hands of a chart bot but …. lol
01:28 pm NewbiHH O : anyone watching $CTIB ? low vol..but popping
01:29 pm Curtis M : should rip on the 200 u would think tho
01:29 pm Mathew Waterfall : Im so small in $UGAZ I don’t really care lol
01:29 pm Mathew Waterfall : I’m watching this while metals and currency figures itself out
01:29 pm Sartaj Hundal : Newbie, can you email info@compoundtrading.com?
01:30 pm Curtis M : still think its 200 day
01:30 pm Curtis M : sorry 200 ma or 2.70 at worst
01:31 pm Mathew Waterfall : another 200 day touch would make it a nice double bottom. I have a ton of levels in the 2.6’s on my chart so there is some more support down there as well but obviously a long way to fal
01:32 pm NewbiHH O : ah.. isee
01:35 pm Curtis M : best math we have says 2.70 and i think 2.45
01:38 pm Mathew Waterfall : How do you figure 2.45? Moving into summer season with a lot of support below makes that a tough conclsuion for me
01:39 pm Curtis M : 2.45 based on sesame street only doesnt go any further lol
01:40 pm Mathew Waterfall : I’m not saying you’re wrong lol I just can’t get that far. I take trades like this level to level. If we break the 200 and close below I will pitch my small position until it firms
01:40 pm Curtis M : june 12 2013
01:41 pm Curtis M : ya who knows
01:42 pm Curtis M : wish we had the math down on it
01:42 pm Mathew Waterfall : Funny I was thinking we are in a similar pattern as 2012 into 2013 off of that low
01:42 pm Mathew Waterfall : April 2012 low and chart looks about similar from last springs low
01:43 pm Curtis M : very possible
01:48 pm NewbiHH O : SLAB
01:49 pm NewbiHH O : DXTR
01:49 pm Dave D : add $TRCH
01:50 pm Mathew Waterfall : $EEM seeing some flows here as well. Forget who asked about that last week
01:50 pm NewbiHH O : lol.. missed that bounce with .04 onn $SLAB.. -.-
01:56 pm Sammy T : $zsan TIME
01:56 pm Sammy T : $SPY time
01:56 pm Sammy T : my time
01:58 pm Sammy T : shkreli short
02:20 pm Dave D : adding last 1/3 to $EWZ swing
02:21 pm Cara R : $EWZ been in it for a few weeks Dave, positive I think
02:22 pm Curtis M : $ZSAN look at that Stoch RSI
02:22 pm Curtis M : on the 3 just reved flat at 11
02:23 pm MarketMaven M : i have some of that oink oink
02:33 pm Mathew Waterfall : Pit close and OPEX done. Oil might see some movement into the end of the week with that out of the way
02:35 pm Sammy T : I wish the FEd would just shut the f up and ya shut up would help
02:35 pm Mathew Waterfall : Don’t we all Sammy, don’t we all
02:37 pm NewbiHH O : $NVRO
02:37 pm Sammy T : $NVRO what?
02:39 pm Sandra Q : $NVRO spike Sam
02:50 pm Sandra Q : Power Hour better be power hour
02:51 pm Mathew Waterfall : Feels like someone turned off the market and it’s just melting up sooooo slowly
02:52 pm Greg L : yup
02:54 pm NewbiHH O : $CYTX
02:55 pm NewbiHH O : AIRM
02:59 pm NewbiHH O : NVRO about to pop again
03:00 pm NewbiHH O : looking for 97 if pops
03:02 pm NewbiHH O : meh
03:02 pm NewbiHH O : no vol coming at the high..
03:03 pm NewbiHH O : done for today.. cu guys tomorrow
03:03 pm NewbiHH O : bye
03:05 pm Mathew Waterfall : Have a good night
03:05 pm Lenny T : ccya mat
03:05 pm Lenny T : oh newbie
03:05 pm Lenny T : got it was studying
03:06 pm Sandra Q : me2
03:06 pm Mathew Waterfall : Slow day, see yall tomorrow for some hopefolly better action. Feel like I’ve been saying tht for the past week
03:07 pm Sandra Q : ya
03:07 pm MarketMaven M : pre market baby
03:30 pm Mathew Waterfall : Turn your dictionary to a picture of a blow off top and this is what it looks like. Frustrating part is it can go on for a while. Keeping my trades small and tight right now because my macro bias won’t let me get too long into this thing
03:31 pm Sammy T : same
03:32 pm Mathew Waterfall : As a day trade you don’t need to trade all day every day. This is great patience practice for me if nothing else
03:42 pm Nicholas Winton : watch $ICLD over next week or so- nice bottoming chart
03:49 pm Sandra Q : thank you nich quiet afternoon
03:49 pm Sandra Q : iafter a carzy premarket today
03:49 pm Sandra Q : i guess i should go bye bye see you all\
03:50 pm MarketMaven M : by asandy!
03:50 pm MarketMaven M : thanks for being my partner in bank this morning
03:50 pm Mathew Waterfall : See yall tomorrow am. Maybe I’ll join you for some of this premarket action that I hear so much about lol
03:50 pm MarketMaven M : yeah!
03:50 pm MarketMaven M : i am leaving now tooooo shopping\
03:51 pm Sandra Q : night all
03:52 pm Mathew Waterfall : A little color on that rumor I was talking about earlier if interested
03:52 pm Mathew Waterfall : https://twitter.com/LONGCONVEXITY/status/831968801084338176/photo/1
03:52 pm Lenny T : cool
03:59 pm Lenny T : bye
04:00 pm Curtis M : nite all

Be safe out there!

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Article Topics:  $FNCX, $EVOK, $FIG, $ZSAN, $EDIT, $USOIL, $UWT – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY  – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Jan 4, 2107 –  $BCEI $EVOK – $WTW $CBAY – $JNUG, $NUGT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F 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.

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:

SMS / Email Alerts: Our system was upgraded yesterday so all members will now start receiving them for each trade.

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.

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.

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:

Busy day in the room. Mathew is away until next week for his wedding but we managed. Market looks good so far in 2017. The team banked hard especially on the $BCEI trade. But there were many. The $BCEI trade we were right on top of – the second it went on halt – we nailed the buy near the bottom – scaled out near the top and exited the top almost perfect. The only thing that could have went better was scaling in harder. But a great win along with all the others. I had a small loss trade today to in $EVOK.

$BCEI, Trade, Chart

Anatomy of my $BCEI trade alert and trade in the trading room today for a nice win.

Momentum Stocks Today:

Symbol Company Name Price Change % Change Volume 1-Day
OREX Orexigen Therapeutics, Inc. 3.40 -0.05 -1.47% — OREX
EVOK Evoke Pharma, Inc. 2.69 -0.01 -0.37% — EVOK
KODK-WTA Eastman Kodak Company Wt Exp 13 3.64 +0.82 +29.08% 2,332 KODK-WTA
HEBT Hebron Technology Co., Ltd. 5.93 +1.25 +26.79% — HEBT
OIIM O2Micro International Limited 2.38 +0.49 +25.93% — OIIM
MRUS Merus B.V. 25.88 +0.89 +3.44% — MRUS
CBAY Cymabay Therapeutics, Inc. 2.30 0.00 0.00% — CBAY
WTW Weight Watchers International, Inc. 13.40 +2.32 +20.94% 10,676,558 WTW
IMGN ImmunoGen, Inc. 2.49 0.00 0.00% — IMGN
CDNA CareDx, Inc 2.75 +0.45 +19.57% — CDNA

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

There is a new post from Rosie the Algo here (public edition) :There’s Gold in Them Thar Hills Boy!

Per yesterday (and days prior):

I need to exit $DUST and entered it and held because I was convinced USD/JPY would (at minimum) do a major spike up to end the rally – but not so lucky (yet). $CBMX and $JUNO are holds in to spring if necessary – that was the worst case plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

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:

09:15 am Curtis M : Morning! Will watch early momos first at bell then move on to Oil, SPY, Gold, etc. Movers; $CBAY, $BLPH, $EVOK, $OCUL, $PTNR $NVLS $VNR $AKAO $GBT $ECA $SHAK $ASM $DGAZ $REXX $ACHN $GFA $XRX

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:16 am Darnel P : Morning
09:24 am Flash G : $TSLA bidding back up here premarket
09:29 am Tyler H : Like Gold here Curt
09:30 am Curtis M : Watching EVOK at bell
09:31 am Curtis M : Long $EVOK 4.24
09:32 am Curtis M : Correction 3.24 $EVOK 1000
09:33 am Greg L : Long $EVOK 3.32
09:36 am Tyler H : In $REXX
09:37 am Becky b : $BLPH on a nice tear
09:38 am OILQ K : L $CXRX 2000
09:38 am jack d : Out $BLPH scslp
09:39 am Carol B : $CBAY shorting sll pops here
09:40 am Curtis M : $EVOK stop 2.94 was 3.12 but didnt cue
09:41 am Becky b : My $FSNN doing great
09:44 am Curtis M : Stopped $EVOK loss
09:44 am John M : $OREX over 50 MA
09:46 am Carol B : $NVCN on the move $IDGX coming now
09:47 am OILQ K : $OREX VWAP bounce
09:47 am cara r : $IDXG red to green
09:47 am Darnel P : $AKAO rocking
09:48 am Curtis M : I’m setting up for oil at 10:30 fyi
09:48 am Greg L : $IDXG nbanking this morning folks
09:49 am Carol B : $FIT good action
09:50 am Carol B : $GPS short working
09:50 am MarketMaven M : $IDXG 12%
09:51 am MarketMaven M : My $NFLX on the move now
09:57 am Sammy T : In some $DGAZ
09:57 am Sammy T : And some $NUGT
09:58 am Sammy T : And $AVEO for good measure some long
09:58 am John M : $TWTR 16.70 long 2000 shares swing
09:59 am cara r : $BCEI short
10:00 am cara r : Out $PHMD for a win
10:01 am Curtis M : Oil could leave me here lol
10:08 am Sammy T : $LULU momentum
10:09 am Sammy T : $WYNN my friend in again for more swing
10:13 am Sammy T : Yuge $DIS block
10:17 am Flash G : $MRUS 52 Week High
10:20 am Curtis M : dang
10:21 am Carol B : HOD for $TNXP guys
10:28 am Curtis M : watching ol close now
10:32 am Curtis M : Beecause of holdays oil trade is not normal and likely wont be until next week
10:36 am Curtis M : Until it leaves that intra channel I don’t think I’ll look at a trade
10:37 am Curtis M : Going to reset my charts and be back in room in 3 mins
10:46 am Curtis M : $BCEI halt
10:52 am Greg L : $OREX short
10:56 am cara r : %UTI HOD
10:57 am OILQ K : $HST blocks
10:58 am OILQ K : $TRL on move too
11:05 am Michael P : $ACAD spike
11:13 am Becky b : $AMD huge blocks
11:16 am Becky b : Like $VRX here now
11:20 am Curtis M : Taking lunhc back at 12:20 unles alarms go off then back sooner.
11:27 am Flash G : $TLT HOD and $DNAI momo
11:43 am Flash G : 52 Week highs $GFF $VHI
11:46 am Curtis M : Crude on the move wow
11:55 am John M : $TWTR set-up looks good long here
11:59 am OILK K : $BCEI halt news
12:04 pm Curtis M : Long $BCEI
12:04 pm Curtis M : 4500 avg 1.13
12:08 pm Curtis M : Out half
12:13 pm Curtis M : Out 3/4
12:15 pm Curtis M : Out
12:16 pm Curtis M : Nice win
12:16 pm Carol B : Still holding Curt ha
12:17 pm OILQ K : Really? funny me too
12:17 pm OILQ K : But if it fails here oout
12:17 pm Flash G : I’m out $BCEI here not a bg order 2000
12:21 pm Flash G : Nice trade guys
12:21 pm darni m : That worked out really well – in perfect and out perfect
12:22 pm darni m : It may go again
12:22 pm Curtis M : 4500 shares lol should have hammered down hahaha
12:22 pm Curtis M : but 4500 share on that move helps
12:23 pm OILK K : Thanks Curt – paying blls as u state
12:23 pm Curtis M : could go again
12:27 pm Curtis M : Stpid alert didn’t work on that buy – they got the bug out now they say jeez
12:27 pm Curtis M : Technology fark
12:34 pm Curtis M : Techs say they got SMS dialed in lol evil looks helped
12:41 pm darni m : $AXP HOD
12:49 pm Curtis M : NATGAS at support – may not hold but thats support
12:55 pm jack d : $DIS long
12:57 pm Curtis M : I have no excuse for not taking that oil trade
01:03 pm Becky b : $OREX 66%
01:21 pm Curtis M : Blocl $MCIG
01:33 pm Curtis M : $BKLN large block
01:38 pm Curtis M : Momo should start soon – this morning looked decently bullish
01:39 pm Curtis M : Mathew away this week btw
01:53 pm Curtis M : FOMC forgot all about it – 10 mins
02:18 pm Carol B : 52 wk high $BX
02:23 pm Curtis M : BLOCK TRADE: $SPY 502,351 shares @ $225.23 [14:21:52]
02:24 pm Curtis M : $URRE new highs
02:38 pm Curtis M : Thursday EIA NatGas at 9:30 CT EIA Petrol 10:00 CT
03:06 pm Becky b : $CBAK $URRE squeeze plays on deck
03:09 pm OILQ K : $EBIO jiggy
03:25 pm MarketMaven M : Long $TNXP swing
03:28 pm Curtis M : $CARV Volatility Trading Pause. Halt time: 15:27:00.
03:35 pm cara r : $ETRM jig
03:37 pm OILQ K : $EBIO NHOD
03:41 pm Curtis M : BLOCK TRADE: $EEM 1,000,000 shares @ $35.65 [15:40:30]
03:43 pm Curtis M : BLOCK TRADE (Microcap): $GSAT 250,000 shares @ $1.72 [15:42:58]
03:59 pm Curtis M : Good night y’all

 

Article Topics: $BCEI, $EVOK, $WTW, $CBAY, 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, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Dec 16 – $EVOK, $CBMX, $JUNO, $UWT, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F 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.

Notices:

Notice: There is a new 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.

Notice: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

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

NA

My Personal Trades:

Friday for me was $STUDY and watching my Oil related $UWT trade – I am 10,000 shares deep from earlier in the week (1000, 3000, 6000 entries) – so that is setting up to be a great win. I didn’t take any morning momentum trades. Other traders in the room were on winning side and have been regularly so that was good. Still hold $CBMX and $JUNO. $EVOK was the big runner but  didn’t trade it.

Primary Lessons That May Help You With Your Trades:

The $UWT (crude oil trade) I am in is completely about trusting the proven algorithm @EPICtheAlgo (which took me about 6 months to fully trust). I would be a lot further ahead has I just trusted the math process earlier. The chart below shows our buy alert.

$USOIL, Oil, Buy Alert, Chart

Buy trigger alerted to members last week (green arrow) Crude algo intra work sheet 935PM Dec 18 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

 

Looking Forward:

The market has a tonne of inflection points now so things should get interesting soon with our algos (Oil, Gold, Silver, US Dollar, VIX, SPY).

Announcements in Trading Room:

09:03 am Curtis M : Good Morning! $DRYS $EVOK $ESEA $DCIX $TIG $CANF $TOPS $EGLE $SINO $JBL $HZNP $RGLS $TXMD $OCLR $ITCI $GOGL $MU $PACB

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:24 am Curtis M : $TOPS $ESEA $SHIP $GLBS $EGLE $DRYS
09:26 am Curtis M : At the bell i will look at the momos for a trade and then move to our standard plays.
09:28 am Mathew Waterfall : Will likely be doing some selling here in the AM expecting chop/slide after lunch
09:29 am Cal O : $EVOK looks good for oprn
09:32 am Curtis M : OPEX day
09:34 am Mathew Waterfall : Out half $XOM next week 92.5c’s @.5 from yesterdays .28
09:34 am Mathew Waterfall : Keep other half into next week for almost free ride here
09:34 am Tyler H : $MTL short
09:36 am Jack D : Long $EVOK
09:37 am Curtis M : New 52wk Highs: $ADP $ALGN $AQXP $BRO $CDEV $FUN $ON $TRMB
09:39 am Jack D : Sold $EVOK win
09:43 am Curtis M : $USEG OFFERING
09:44 am Michael P : uck
09:44 am OILQ K : evok gonna go again HOD
09:47 am Curtis M : New 52wk Highs: $REN $SWM
09:48 am Mathew Waterfall : Watching $AKS. Will likely roll out on a bounce or sell what I have left of next weeks 11s
09:52 am Sammy T : $DVAX bull
09:54 am Curtis M : 52wk Highs: $NDSN
09:57 am gary y : $UWT hod
10:02 am Mathew Waterfall : Out other half on my $ON Jan 13 at .85 from .51. Still holding the rolled 14s. This was a larger position and wanted to pair some risk on this pop. Still believe it goes higher hense holding the 14
10:04 am Curtis M : I would look at $APVO over 3 for a scalp our a snap back
10:04 am Mathew Waterfall : $NUGT trying. Yesterday had big block at 6, if it can get over it may see some buying
10:06 am Ronny D : $DCIX!
10:11 am darni t : I took some $REN on ur alert curt
10:11 am Curtis M : nice
10:11 am Jack D : Like exxon play
10:13 am Mathew Waterfall : Me to! Easy to say after some quick profits but $XOM has been great around its supports. I think we see quick 92 shot today which will likely be my exit for the other half of my position
10:16 am Sammy T : OPEX boredom haha
10:16 am Sammy T : study time
10:16 am Curtis M : yes!
10:17 am Curtis M : Im watching important resistance on oil coming
10:19 am Curtis M : After oil I will go on to gold etc – but have to watch close here oil
10:35 am Mathew Waterfall : $AST HOD low vol but acting right
10:55 am Ronny D : I feel like were stalking lol
11:03 am Sandy S : $EOK going to run again
11:04 am Sandy S : $EVOK
11:04 am Sandy S : $XGTI news halt
11:05 am Curtis M : I think $XGTI is a TSLA contract
11:09 am Mathew Waterfall : Gonna take an early lunch aka breakfast on the west coast. Thought the quad witch would bring some more action this AM so looking for some in to the close
11:29 am OILQ K : another school session incredible lol
11:30 am phil d : what i cant figure out is how you learned all this
11:41 am OILK. K : stupd cool learning in here lately apprecate it
11:44 am Mathew Waterfall : Legging into $IWM next week 139c’s on this weakness. Small starter at .28. Will add if it can hold the 10 day on the daily
11:44 am Mathew Waterfall : Don’t want to see this under 134.92
11:57 am Rob D : Curt, is the NUGT (gold) trade gone?
11:57 am Mathew Waterfall : $XOM Dec23 93c’s at .15. Looking for a bounce here, concerning weakness on oil strength
12:10 pm Curtis M : Mat your mike vol may be low – it could just be me
12:11 pm Cal O : better
12:14 pm Mathew Waterfall : Sorry about that guys. Had to crank the mic level for some reason
12:22 pm Sandy S : was looking at miners too and didnt gp long
12:23 pm Mathew Waterfall : Second add on $XOM next week 93’s. Still a small position and will sit on these over the weekend. Lotto type place that will boom or bust but should get moving with oil here shortly. Might be held by by quad witch effect on overall market
12:25 pm OILK. K : just crank the volume Mat next time we can always turn down 🙂
12:28 pm Tyler H : Anybody looking at $XGTI?
12:30 pm Mathew Waterfall : Tried to buy puts on it earlier Tyler and it doesn’t have any options. That gap to the downside would have me nervous if going long
12:36 pm phil d : me too
12:41 pm Mathew Waterfall : $JWN post earnings dump. Looking at longer term calls. Have done well on this play in the past, plus just donated a chunk of money to them buying a suit so there’s got to be at least a few other suckers out there buying from them
12:44 pm Mathew Waterfall : Support around $50. Will add APR calls then if I take any
12:46 pm OILQ K : Love oleary call on DIS
12:46 pm Curtis M : oleary nut hahaha
12:55 pm Mathew Waterfall : Lots of action in $WFM here. Calls into Jan. I picked up a few Jan13 34’s to see what this is all about. In at .33. Playing for a take over rumor so small size
12:55 pm Curtis M : back for rig count oil looks weak intra strong mid range tho
12:56 pm Mathew Waterfall : Dollar coming off should help here as well
01:08 pm Mathew Waterfall : Feel like the market just wants to melt away premium today so I’m unlikely to barge into any more trades. Have my eye on a few if they set up right, but doubtful as of now
01:08 pm Curtis M : A lot of $JWN bears out there
01:08 pm Curtis M : y a mellow day
01:09 pm Mathew Waterfall : Easy to hate that stock and sector. Showing some bottoming interday but I still wouldn’t hit long quite yet
01:11 pm Curtis M : Im going to do some $STUDY but I’ll be here
01:12 pm Curtis M : Note to self: video on intra algo crossing lines day average
01:13 pm Tyler H : $DIS I agree with O leary
01:13 pm Sammy T : I watched that too – he had some good points actually.
01:17 pm Mathew Waterfall : /ES and $SPY LOD here. $IWM holding up but coming off as well. Not a good sign
01:24 pm Mathew Waterfall : I am opperating under the premise that pullbacks are too be bought, and the trend is our friend until in proves otherwise. It’s hard to get bearish quite yet though some consolidation between now and the new year is certainly a possibility
01:24 pm Mathew Waterfall : Trades do what works until it doesn’t and that set up has been working very well for me in the last couple of weeks sense the election
01:26 pm Curtis M : Ya the train isn’t off the tracks yet technically speaking
01:29 pm OILQ K : $EVOK n trouble
01:30 pm OILK. K : $EVOK wll getting shredded OILQ
01:31 pm Curtis M : U guys are awesome pair
01:32 pm darni t : $BREW looks god on the board and n about an hour
01:32 pm Sandy S : $EVOK dying
01:32 pm Jack D : $GNBC strong like bull and 52 wk high
01:35 pm Mathew Waterfall : Like that look in $BREW darni
01:36 pm Curtis M : I was looking at it to $BREW nice
01:36 pm Mathew Waterfall : $GNBC has been seeing a ton of chatter as well. Haven’t looked too closely but ibviously it has a lot of steam
01:40 pm Mathew Waterfall : $BREW NHOD. And I want a Kona brew. Thanks darni lol
01:41 pm Curtis M : Lol
01:42 pm Mathew Waterfall : $IWM nice wedge on the 10′ chart. A break to the upside would be lovely
01:42 pm Mathew Waterfall : MACD says we can do it
01:42 pm Curtis M : Oil getting there again
01:42 pm Curtis M : Back at critical resistance
01:48 pm Curtis M : Man would it just blow thru please lol
01:58 pm Curtis M : ok now please
01:58 pm OILQ K : lolz
01:58 pm Mathew Waterfall : Like this for confirmation $XOM 90 Calls BUYING Activity expiring on 20th Jan, Vol 11000
01:58 pm Curtis M : interesting
01:58 pm Mathew Waterfall : Might be a stock replacement purchase into end of year to hedge risk or something
01:59 pm Mathew Waterfall : That would replace 1,100,000 shares basically
02:00 pm Curtis M : Talking to a algo type guy respected that has a crazy bullish call on $FNMA fyi
02:01 pm Curtis M : My gut says oil goes very soon if not today soon
02:02 pm Tyler H : Maybe were just hungry:) $DIS is my focus right right now but oil looks good IMO
02:03 pm Mathew Waterfall : $DIS puts into next week IMO are the play here. I didn’t hear what Oleary said but that’s my read which I assume is basically what others are also thinking
02:04 pm Curtis M : Oleary was large on their content machine
02:06 pm Mathew Waterfall : O funny. Well the chart says double tops and over bought on the daily to me
02:07 pm Curtis M : ya that and other things are my challenge with it
02:08 pm Mathew Waterfall : They’ve also been getting slammed with the loss of ESPN subscribers. I’m not diving in to this much but the upside seems not so great here
02:10 pm Curtis M : Oil is coiling – technically bullish action
02:19 pm Mathew Waterfall : Selling $WFM Jan 34.5’s against my 34’s for .29. Original purchase of 34’s was 33 so I now have a .50 spread for .4 per contract. Will buy back the 34.5’s if appropriate. I do this on trades like this that I’m not super confident in
02:19 pm Mathew Waterfall : Max gain here is now .46 per contract with max loss then being .04 not .4. Sorry typo on that above
02:21 pm Mathew Waterfall : So that spread costs .04 and has.46 upside. Great r/r if $WFM can get going
02:25 pm Tyler H : eyes on crude 4 mins
02:26 pm Curtis M : coiling could be over soon lol
02:28 pm Mathew Waterfall : Now just give some mojo to my $XOM calls please. That would be great
02:28 pm Curtis M : 🙂
02:31 pm phil d : gotta ditch early GL! and thanks guys awesome!
02:31 pm Curtis M : thx phil
02:31 pm Mathew Waterfall : $SPY 60′ bombed out. Let’s see some rally here
02:31 pm Mathew Waterfall : Have a good weekend Phil
02:32 pm Tyler H : b nice to see crude hold this
02:35 pm Mathew Waterfall : Anyone play $QHC? NHOD thing looks like it wants to drift into the sky
02:36 pm OILK. K : Watching it thats all
02:36 pm Curtis M : I looked at it a couple days ago with hmm
02:36 pm Curtis M : Lots of bullish chatter
02:37 pm Curtis M : We’re letting 20 – 30 more n to this room Monday FYI and likely same week after – just wanted to get my groove
02:37 pm Mathew Waterfall : Working on it’s 8th green day in a row. Not too shabby
02:37 pm Tyler H : I kinda liked it cozy 🙂
02:38 pm Curtis M : Thats what your woman is for
02:38 pm Mathew Waterfall : lol
02:38 pm Curtis M : We’re here to kill and hunt and pound the table lol
02:40 pm gary y : curtis are you still in $JUNO, $CBMX?
02:41 pm Curtis M : hey gary yes
02:41 pm Curtis M : sorry i was daydreaming about the beach
02:42 pm Curtis M : I like $CBMX a lot mid term and $JUNO long term
02:42 pm Curtis M : My swing account has a lot of tolerence FYI – so careful with my swing plays
02:42 pm Curtis M : u in?
02:43 pm gary y : yeah but small
02:43 pm Curtis M : $CBMX is impresive
02:43 pm Curtis M : $JUNO is a big money magnet
02:44 pm Curtis M : but caution on both
02:44 pm Curtis M : I have an extremely aggressive trader bias to bullish side of market 2nd quarter next year and fwd
02:44 pm Curtis M : Q1 could be rocky
02:44 pm Mathew Waterfall : $JUNO’s daily today looks nice
02:45 pm gary y : nice yesterday too
02:45 pm Mathew Waterfall : I think we see all of the pent up selling released in Jan after people wait until we are into 17 and trumps new taxes
02:45 pm Mathew Waterfall : Jan 2016 round 2 is my thesis
02:45 pm Mathew Waterfall : Another reason I am keeping things smaller and tighter
02:46 pm Curtis M : TRUMP is going to change reality – we called every single step right from July dead on – I hate to nbe the bragger but people on average didn’t see what was coming and there is going to be a huge boom in economy by mid next year globally IMO
02:47 pm Curtis M : Trump and Putin and I believe YES China are going to get together and clean house – do some global sweeping
02:48 pm Curtis M : lol yes China
02:48 pm Curtis M : With Trump its all business – the deal
02:48 pm Curtis M : Ok I’ll stop but watch its coming
02:49 pm Curtis M : OIL!!!
02:49 pm Curtis M : Looking jiggy
02:49 pm Mathew Waterfall : I like your version of reality. I also like that the use of jiggy is catching on. We’re bringing it back!
02:49 pm Curtis M : lol
02:50 pm Curtis M : Ok last comment – Trump will run the world like a business – like a public company. That’s his plan. Ok done.
02:50 pm Mathew Waterfall : What I’m watching in $IWM http://tos.mx/ZiNawW
02:51 pm Mathew Waterfall : Looking for MACD cross over and 10/20 cross.
02:51 pm Curtis M : Nice – did Sartaj set you up to be able to screen share in here too? Or no?
02:51 pm Curtis M : That would be cool if not
02:51 pm Mathew Waterfall : Yea I can, didn’t want to take over the screen with the oil watch going on
02:52 pm Curtis M : Take it over any time – we’ll let you know
02:52 pm Mathew Waterfall : OK cool
02:52 pm Mathew Waterfall : If I have anything exciting I will lol
02:53 pm Sandy S : ya mat take over! i think curt wants to go to the beach – i read his biography on website today haha
02:53 pm Curtis M : 🙂
02:53 pm Curtis M : awesome action in oil
02:54 pm Curtis M : that intra day algo line I set up has been support and resistance all day
02:54 pm Curtis M : Thats a machine line not a traditional charting line
02:55 pm Curtis M : I set that up before the day got there – traditional charting cant do that
02:55 pm Curtis M : just though Id claridy
02:55 pm Curtis M : clarify
02:56 pm Curtis M : in fact I think I’ll take a quick screen shot
02:56 pm Curtis M : Ill do it on other monitor
02:57 pm OILK. K : Very excited to learn your toolkit Curt and Mats
02:57 pm OILK. K : Good combo
02:58 pm Curtis M : Algorithmic modeling is just using traditional charting in a different way – wth pure math
03:01 pm Curtis M : oh my USDJPY they’re back
03:01 pm Curtis M : USD/JPY that my friends is the Trump effect pure Trump they’re panicked
03:02 pm Curtis M : If USD/JPY gets gong agan and Gold loses its recent lows the basement it will fall in to is so extreme from a math perspective wow
03:02 pm Mathew Waterfall : Relentless with that thing. I have an interesting thesis on that and why we are leting it happen with regards to them being our largest dedt holder
03:03 pm Curtis M : for sure i already get it
03:03 pm Ronny D : You Guys are right
03:03 pm Ronny D : Its obvious
03:04 pm Ronny D : Media just doesn’t want to admit how wrong they were and this is an example
03:04 pm Ronny D : I’m long UWT too btw thanks Curtis for that!
03:06 pm Sandy S : I read through every call you guys have made just to be sure and every one has completed positive . Thought you guys might want to know that because I see the social things. They were not popular calls :):):)
03:06 pm Curtis M : Wow good group in here… hope we all bank hard next week.
03:07 pm Curtis M : Thats the market different views keeps it fun
03:09 pm phil d : $VALE has big blocks at play
03:09 pm phil d : I stayed
03:09 pm Mathew Waterfall : Next week should be fun
03:09 pm Curtis M : agree
03:14 pm Curtis M : $TXMD blocks too
03:22 pm Curtis M : well thats it for mee guys and gals! room open until 4:( have a great weekend and thanks for the kind words! best
03:23 pm Paul M : 🙂 cya
03:23 pm gary y : thanks curtis and mathew
03:23 pm Mathew Waterfall : Have a good weekend Curt.I’m also done trading for the day but will still be hanging out until 4 or so
03:23 pm Sammy T : Great week Curt thanks
03:24 pm Curtis M : u bet guys bye bye – bank hard next week
03:39 pm Mathew Waterfall : Alright shutting it down for the week. Sitting on the $XOM and the small position in $IWM through the weekend. Looking for a bounce early in the week next week as the market is now working off some of the overbought signals and consolidating a bit. Everyone loves a Christmas rally
03:39 pm phil d : bye mat!
03:39 pm Tyler H : later
03:40 pm darni t : Thanks Mathew

You can follow along with public calls our algorithms post on Twitter here:

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

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $EVOK, $CBMX, $JUNO, $UWT,  $GLD $GDX $USOIL $WTIC $SPY $DXY $VIX $GDXJ $NUGT $DUST $JNUG $JDST $GC_F $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP $SPY S&P 500


My Stock Trading Plan for Friday Dec 16, 2016 in Chat room. $EVOK, $SHIP, $ESEA, $DCIX, $TIG, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will be information often in that report that is applicable and not in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING: This will be another quick report. The market is settling in now from an algorithmic modelling perspective and we expect all charting for all algorithms to be done and published again before Monday morning market open. IT IS IMPORTANT TO NOTE that the calls all the algos have made since inception seven months ago HAVE NOW HIT. THIS MEANS that there is a VERY HIGH PROBABILITY WE ARE RIGHT IN THE MIDDLE OF THE MARKET INFLECTION. So we are going to publish trade levels for all algos for direction up and down. If you are not a subscriber of a specific algo we cannot share detailed info about these algo calls (other than what is made public or is determined to be early beta for an algo). BUT OUR ROOM SUBSCRIBERS and DAILY MARKET NEWSLETTER subscribers will see the traditional charting we do and will be published (which is a precursor to and what we use to calculate the algo targets anyway). I say all of that just so that everybody is clear about how we do our reporting because we have received a number of inquiries the last 72 hours about this topic:) And frankly at inflection when the reverse trends occur that is the most important time in markets. So hopefully I explained that right.

So bottom line is today’s report is thin and starting Monday you will find the charting to become much more focused toward the upcoming moves in the market. 

Per yesterday:

Yesterday came and went and there was some time / price cycle changes in each algorithm as a result of the Fed speak so we are including algorithm subscribers in this newsletter distribution this morning because it will be a day or two until price action settles and machine prediction is such that the algo targets. algo lines, time and price cycles, and intra trading quadrants can be published.

The trading room had issue yesterday with intermittent internet (which is bizarre because we have the best you can buy and we are supposed to be in a jurisdiction that has one of the best internet connectivity in the world). Anyway, if this occurs today (as with yesterday) we will just keep signing back in with you guys. While I am writing this is an issue again.

The algos have been nailing targets so be sure to review their Twitter feeds and the Post Market Trading Results newsletter from yesterday that was published this morning.

As far as timing is concerned with the algos, we have them all ready (the last few laggards) so when things settle over next day or two they will all finally be published in complete detail. It’s been a long seven months of work 🙂

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out before Monday morning. WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close.

Momo: $EVOK, $SHIP, $ESEA, $DCIX, $TIG

Petrobras signs $5B deal for Chinese financing, oil supply http://seekingalpha.com/news/3231083-petrobras-signs-5b-deal-chinese-financing-oil-supply?source=twitter_sa_factset … #premarket $PBR

MGM and Wynn rally after Goldman weighs in favorably on casino sector #premarket $MGM $LVS $BJK

S&P flat.

10-yr +0.26%.

Euro +0.44% vs. dollar.

Crude -0.61% to $50.59.

Gold +0.62% to $1,136.85.

If you are new to our trading service you should review recent blog posts and at minimum of 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. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day 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). A quick hour of review at most will bring you up to date.

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

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 ans 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: $EVOK $SHIP $ESEA $DCIX $TIG $CANF $SINO $HZNP $JBL $DRYS $TXMD $PES $TSL $MTL $GSL $SDRL I will update before market open or refer to chat room notices.

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

(3) Other Watch-List: $AKAO (momentum  play this week), $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(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:$REGN $POR $PEG $RPAI $WRE $VER $CLI $DRE $BRX $BRO $PAYX $ADP $HZNP $SAIA $AVB $GE $KSU $SLG $MAC $COR $ESS $CP $ERIC $CCE $BID $VEEV $BCRX $KO $CLX $KSU $XEC $RICE $OXY $TGB $CRR $PES $AXL  I will update before market open of refer to chat room notices.

(6) Downgrades: $DUK $PEGI $JWN $MRT $MPW $UDR $KIM $EPR $DEI $DCT $BDN $DRI $MSGN $CCP $SRC $SRC $ICLR $HP $NE $DO $RIG $ATW $DO $OII $TTI $HR $DOC $BXP $CPT $STOR $CDR $MRTN $KNX $HTLD $LSTR $CGI $WERN $RDC $FI $WTW $XEC $WLL $RSPP $CXO $CRZO $APA $SGMS $Q $PTEN I will update before market open or refer to chat room notices.

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

Regular Trades:

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

On Monday you will have charting levels for the up move, the down move and the sideways move. Price is stuck at resistance I alerted before the Fed.

Outlook:

As I wrote this week:

In yesterday’s premarket (as I mentioned above) I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who know?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know. Detailed charting on deck.

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

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

Outlook:

As I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

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

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

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

As I wrote over and over again since July 2016 when our algo locked the math in:

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

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting.

$USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

USDJPY Chart

USDJPY Bears were wrong. And will continue to be wrong until chart is broke. Aint broke.

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

Rosie the Gold Algo target call HIT!

 

 

Per recent posts:

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

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

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

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

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

Per previous;

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

Silver fighting with resistance. It could pop to 200 MA on 1 week. Possible. $SI_F $SLV $USLV, $DSLV

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

We had a crazy set-up and trade execution in the room yesterday that I am hoping I get time to do a video on this weekend! Chart with entry and exit points is below.

Outlook:

Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second. We are looking toward Friday target now.

Trading Plan: I am in here on three entries – deep. Friday targets are above and below so this is a tough place.

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

Crude oil, trade, trading room

Right ear sidewinder oil play called right to the second in trading room. Entry – exit Crude algo intra work sheet 418 AM Dec 16 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

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

Per yesterday:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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 (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: $EVOK, $SHIP, $ESEA, $DCIX, $TIG, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY