Home Depot Trade: Swing Trade and Day Trade.

Home Depot is trading 185.36 pre-market down 2.43% on earnings guidance.

The News Story Link:

Home Depot Misses Q4 Earnings on Interline Charge; Sees Softer 2019 Profit #swingtrading $HD #earnings https://www.thestreet.com/investing/earnings/home-depot-misses-q4-earnings-on-interline-charge-sees-softer-2019-profit-14877506

The Chart:

https://www.tradingview.com/chart/HD/LWDJBSBJ-HOME-DEPOT-HD-down-2-43-trading-185-36-premarket-on-earnings/

Home Depot, stock, premarket, earnings

HOME DEPOT (HD) down 2.43% trading 185.36 premarket on earnings guidance #earnings $HD #premarket

How to Trade It:

Key Support 174.30 area trading 185’s in premarket so 174’s is quite a ways down, however, I think it is possible.

Key Resistance 191.00 area. Anything under 191 seems short bias to 174 s.

Watch the 182 s on way down (trading box support) and the 200 MA on the 4 hour.

On the day trade side of things, use the horizontal support and resistance levels on the chart for the trade. I will alert as I trade it also.

Thanks

Curt


Compound Trading Chat Room Stock Trading Plan and Watch List Tuesday Feb 20, 2018 $CVRS, $WMT, $HD, $QCOM, $GE, $GM, $HSBC, $AAPL – $GSUM, $WKHS, $ROKU, $JP, $SLCA, $INSY – $SPXL, $SPY, $BTC.X, Bitcoin, Gold, $DUST, $WTI, OIL, $VIX , Gold Miners $GDX, Silver $SLV, $USOIL, US Dollar Index $USD/JPY, $DXY, S&P 500, Volatility … 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 (or recently important).

Curtis is on annual holiday from Feb 13 – 23.

Reporting and trading rooms run per normal. Mid day reviews will recommence when he returns. Curtis will be intermittently in trading rooms only during that time.

Service(s) Memo Follow-Up re: Compliance and Service Offerings Going Forward

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.

Reporting and Next Gen Algorithms:.

BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.

IF YOU NEED A LINK / INVITE email or DM Sartaj!

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, Brasil, and Panama attendees will receive 50% credit to off-set travel costs. Limited space FYI. We are currently planning 2018 master class sessions and will advise.

Connect with me on Discord.

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 Mid Day Chart / Trade Set-Ups:

See You Tube for other recent video posts. 

Swing trading setups Jan 18 $FB, $SPY, $CNTF, $CTIC, $RIOT, $AES ….

Swing trade stock setups Jan 19 $SPY, $GSUM, $DXY, $MIND, $XPO, $ICPT…

Swing trade / daytrade set-ups for wk of Jan 22 $SPY, $FB, $ROKU, $DXY, $JUNO, $BTC.X, $FATE …

CRITICAL time cycle decisions SP500 $SPY, Gold $GLD, Oil $WTI, USD $DXY, Bitcoin $BTC.X and more…

Swing trading ideas & how I am managing $SPY $SPXL trade, structural trading $XNET, $SQ, $GDX …

Technical charting lessons here at market open $HMNY, $XNET, $SPY, $SEII, $INSY, $SLCA

Jan 9 Swing trading set-ups $XNET mid trade technical review, $GSUM, $SLCA, $SPY, $TESS….

Live $XNET trade $4267.00 gain. Swing trade entry and chart set-up at 40:00 – 54:00 min on video.

Jan 8 Swing Trading Set-Ups $AYI, $SPY, $SQ, $VRX, $AXON, $BTC.X….

Market Open Jan 8 Live Chart Model “On the Fly” $VRX, $SPY, $BTC, $LITD, $MYSZ, $INSY

Jan 3 Swing Trading Set Ups $SPY, $SPXL, $LTCUSD, $GLD, $APRI, $MNKD, $INSY, $TEUM, $NTEC, $LEDS …

Jan 2 Swing Trading Set-Ups $BTC.X, $SPY, $GDX, $XOMA, $JP, $INSY, $MNKD, $NTEC, $SKT, $RENN …

Recent Educational Videos:

Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … … #freedomtraders

Visit the Trading Educational and Analysis Play List at this Link on our YouTube Channel

Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch: 

Stocks making the biggest moves premarket: WMT, HD, QCOM, GE, GM, HSBC, AAPL & more http://cnb.cx/2EG8N7D

30 Stocks Moving In Tuesday’s Pre-Market Session https://benzinga.com/z/11224640 $RAD $OAKS $DCAR $PTX $NXPI $ADMS $RIOT $BBL $SNAP $KIRK

Market Observation:

US Dollar $DXY trading 89.32, Oil FX $USOIL ($WTI) trading 61.98, Gold $GLD trading 1338.64, Silver $SLV trading 16.49,  $SPY trading 271.89 last, Bitcoin $BTC.X $BTCUSD $XBTUSD trading 11470.00, and $VIX trading 20.9.

Recent Momentum Stocks to Watch: 

News: 

Recent SEC Filings: 

Recent IPO’s: 

Some Earnings On Deck: 

#earnings for the week

$WMT $HD $ROKU $DPZ $CHK $OLED $AAOI $MGM $MDT $UCTT $FSLR $TTD $DUK $EXAS $SIX $P $STMP $TREE $CBRL $AAP $RIG $CTB $WLL $NBL $LNG $HLX $WLK $TPH $WAB $W $OC $APA $DVN $GRMN $HFC $GPC $SO $EGN $HSIC $LC $ECL $MOS $SLCA $DLPH $CAR

http://eps.sh/cal

Recent / Current Holds, Open and Closed Trades

This will commence when Curtis returns from holiday. “With new alert protocol buy / sell signals will be posted here as trade signals trigger along with specific thesis and chart set-ups”.

Per recent;

Yesterday the first oil trade went very well and with EIA I missed a large short opportunity, newer position $XNET 1/10 size long from Monday. Holding $XIV 1.5/10 sizing (event closing this derivative), $SPXL 1/10 size, small sizing holds include $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00 1/40 size, $DUST 1/20 size recently close 50% for win, $ROKU, $GSUM (recently closed 1/3 at highs hold 2/3), $JP, $SLCA, $INSY (all small size) and very small sizing $AAOI, $SPPI and micro size $OMVS. On short side I am 1/10 Gold short.

New position $XNET 1/10 size long from Monday. Holding $XIV 1.5/10 sizing (per above awaiting news decision), $SPXL 1/10 size, small sizing golds $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00 1/40 size, $DUST 1/20 size recently close 50% for win, $ROKU, $GSUM, $JP, $SLCA, $INSY (all small size) and very small on $AAOI, $SPPI and micro size $OMVS. Short 1/10 Gold short.

Holding $XIV 1.5/10 sizing, $SPXL 1/10 size, small sizing golds $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00, $DUST, $ROKU, $GSUM, $SPXL, $JP, $SLCA, $INSY and very small on $AAOI, $SPPI and micro size $OMVS. Short 1/10 Gold short.

Closed $FB position yesterday for win, closed $XIV for win and re entered $XIV. Holding $XIV, $SPXL, $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00, $DUST, $ROKU, $GSUM, $SPXL, $JP, $SLCA, $INSY small on $AAOI, $SPPI and micro size $OMVS. Short 1/10 Gold short.

Trimmed at highs and then added heavy $XIV yesterday, added $SPXL near lows, traded $WYNN for win and held some and some other minor trades (all wins). Holding $SPXL, $FB, $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00, $DUST, $ROKU, $FB, $GSUM, $SPXL, $JP, $SLCA, $INSY small on $AAOI, $SPPI and micro size $OMVS. Short 1/10 Gold short.

Added Monday 1/10 size $SPXL, 1/10 $GE, 1/10 $DUST. Traded short oil for a small win on swing from Friday to Monday early the traded again Monday morning for a loss 1/10 size. Friday trimmed $SPXL to 1/20 size hold, trimmed $FB to 1/20 size hold, holding long $WKHS, $GE, $XBTUSD $BTC Bitcoin 9700.00, $DUST, $ROKU, $FB, $GSUM, $SPXL, $JP, $SLCA, $INSY small on $AAOI, $SPPI and micro size $OMVS. Short 1/10 Gold short.

Trade short oil for a small win on swing from Friday to Monday early. Friday trimmed $SPXL to 1/20 size hold, trimmed $FB to 1/20 size hold, holding new entries $WKHS, $GE. Holds on Bitcoin at 9700.00, trimmed 50% of $ROKU hold, $FB, $GSUM, $SPXL, $JP, $SLCA, $INSY small on $AAOI, $SPPI, Gold short, $DUST and $OMVS micro size.

Added $SPXL, new add $WKHS, $GE. Holds on Bitcoin at 9700.00, $ROKU, $FB, $GSUM, $SPXL, $JP, $SLCA, $INSY small on $AAOI, $SPPI, Gold short, $DUST and $OMVS micro size.

Charts and Chart Set-ups on Watch:

$CVRS Corindus premarket up 37.17% trading 1.30 on FDA Clearance. #premarket

$CVRS, premarket, FDA, approval, chart

$CVRS Corindus premarket up 37.17% trading 1.30 on FDA Clearance. #premarket

$WMT Wallmart Premarket trading off 6.38% at 98,97 on earnings miss #trading #Walmart https://www.thestreet.com/story/14493192/1/uh-oh-walmart-misses-earnings-forecast-reports-slower-than-usual-online-sales.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

$WMT, Wallmart, premarket, earnings, miss, chart

$WMT Wallmart Premarket trading off 6.38% at 98,97 #trading #Walmart

$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS

Really decent action for those the held or added / bought the dip. Excellent trading opportunity in $SPY on the last wash-out.

https://www.tradingview.com/chart/SPY/4DjwjK1l-SPY-MACD-may-turn-here-200-MA-hit-working-thru-moving-average/

$SPY, daily, chart, MACD

$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS

Oil Resistance Check Feb 19. 50% Fibonacci, mid quad on monthly chart.. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT 

https://www.tradingview.com/chart/USOIL/r9xEjQjr-Oil-Resistance-Check-Feb-19-50-Fibonacci-mid-quad-on-monthly/

Oil, Resistance, Fibonacci, Monthly, Chart, USOIL, WTI

Oil Resistance Check Feb 19. 50% Fibonacci, mid quad on monthly chart.. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT

Per previous;

$SODA pop #premarket trading 82.15 +4.5% on earnings. Daily chart looks good too. A main watch for me today. #trading https://www.marketwatch.com/story/sodastream-shares-jump-after-earnings-and-revenue-beat-2018-02-14?siteid=yhoof2&yptr=yahoo …

https://www.marketwatch.com/story/sodastream-shares-jump-after-earnings-and-revenue-beat-2018-02-14?siteid=yhoof2&yptr=yahoo

$SODA, premarket, earnings

$SODA pop premarket trading 82.15 +4.5 on earnings. Daily chart looks good too.

Per recent;

$NVDA Premarket up 9.96% trading 239.20 on cryptocurrency gaming demand and forward guidance.

https://www.cnbc.com/2018/02/09/nvidia-shares-surge-after-big-cryptocurrency-gaming-demand.html?__source=Twitter

NVDA, premarket, trading, plan

$NVDA Premarket up 9.96% trading 239.20 on cryptocurrency gaming demand and forward guidance.

$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility

$VIX, short, chart, bollinger, bands

$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility

Don’t look now but MACD turning up on $DXY US Dollar Index $UUP #swingtrading

DXY, MACD, USD, Chart

Don’t look now but MACD turning up on $DXY US Dollar Index $UUP #swingtrading

$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG

$GDX, miner, 200 MA, Daily, Chart

$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG

$ARRY Weekly chart suggests long term structure needs price over 14.89 on weekly now thru after June 3 time cycle. If so, it is up. #swingtrading https://www.tradingview.com/chart/ARRY/EZbQb5F4-ARRY-Weekly-chart-suggests-long-term-structure-needs-price-over/ …

$AAOI The stock is trading 64% below last summer’s 52-week highs with earnings in 21 days I will be looking for a bounce. #earnings #trading

$AAOI, swing trading, chart

$AAOI The stock is trading 64% below last summer’s 52-week highs with earnings in 21 days I will be looking for a bounce. #earnings #trading

Buy sell trading triggers on simple $SNAP chart model have worked well. #swingtrading #charting https://www.tradingview.com/chart/SNAP/qJ0gRCyt-Buy-sell-trading-triggers-on-simple-SNAP-chart-model-have-worke/ …

$SNAP, chart

Buy sell trading triggers on simple $SNAP chart model have worked well. #swingtrading #charting https://www.tradingview.com/chart/SNAP/qJ0gRCyt-Buy-sell-trading-triggers-on-simple-SNAP-chart-model-have-worke/ …

Market Outlook:

#5things
-Decoding stocks
-Treasuries
-Euro-zone drama
-HSBC miss
-Central bank news ahead
https://bloom.bg/2sCE0D6

BlackRock upgrades outlook for U.S. stocks on earnings momentum https://finance.yahoo.com/news/blackrock-raises-u-equities-overweight-165632898.html?soc_src=social-sh&soc_trk=tw… via @YahooFinance

Market News and Social Bits From Around the Internet:

Economic Data Scheduled For Tuesday

U.S. yields climb as Treasury is set to sell $258 billion of bonds https://bloom.bg/2sK2SsG

Walmart gives a disappointing outlook as its e-commerce growth flags https://bloom.bg/2sIMhoW

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 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: $ACHV, $CVRS, $RAD, $DPW $DCAR $AIMT $GBTC $NVAX $YANG $UVXY $TVIX $NXPI $UGAZ $HOV $JDST $KODK $TEUM $FBR $OSTK $VXX $DUST $BOIL $ROKU

$CVRS Corindus premarket up 37.17% trading 1.30 on FDA Clearance. #premarket https://finance.yahoo.com/news/corindus-receives-fda-clearance-corpath-114500753.html?.tsrc=rss

(2) Pre-market Decliners Watch-List : $DBVT $RIOT $WMT $JNUG $DGAZ $AU $SNAP $BBL $SHPG $HSBC $SVXY $BHP $QCOM 

(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:

(6) Recent Downgrades: 

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 and lead tech developer @hundalSHS.

Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, $CVRS, $WMT, $HD, $QCOM, $GE, $GM, $HSBC, $AAPL, $GSUM, $WKHS, $ROKU, $JP, $SLCA, $INSY, $SPXL, $SPY, $BTC.X, Bitcoin, Gold, $DUST, $WTI, OIL, $VIX