Compound Trading Monday May 8, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $HOTR, $AXSM, $INXP, $STRP – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

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:

Members. We Have Big News About our Oil, Swing Trading, SPY, Gold, and Alerts packages!

Accepting interest for mods for upcoming 24 hr Oil trading lounge launch [email protected] $CL_F $USOIL $WTI #Oil #Trading #OOTT

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

Monday was day six of trading challenge.

Prolly biggest week of trading for Q this year so far Having a blast being a guest in the @compoundtrading room for the 2 week challenge!

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

Last market trading session Post Market Stock Trading Results can be found here:

Stock Trading Results Fri May 5 – Day Five of Two Week Trading Challenge $TVIX, $OLED, $WKHS

Premarket Trading Plan Watch-list can be found here (locked to respect members and unlocked to public about a week later for transparency):

Protected: PreMarket Trading Plan Mon May 8 $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO

$STRP Straight Path’s stock up 26% premarket after receiving superior buyout bid.

$STRAP, Premarket, Trading, Results, Stocks

$STRP Straight Path’s stock up 26% premarket after receiving superior buyout bid

Please note, for the next while, you will have to review the raw trading room footage to catch Premarket Chart Set-Ups, Market Open Trades, Intra-day Trades and Mid Day Chart Set Ups. Our staff time is being used up for other components of the platform and we also are producing the high quality learning library for our premium members. Once done, we’ll return to publishing the segments daily.

Most Recent Public Swing Trading K.I.S.S Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER

Premarket Session: 

Protected: PreMarket Trading Plan Mon May 8… $STEP, $ARRY, $MRK, $CIH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM

Popular: $STRP, $SLV, $COH, $XLRN, $HCC, $PTCT, $INO, $BABA, $FDC, $BCO, $EA, $AME, $SBGI, $MTZ #premarket

Market Day, Chat Room Trades and Personal Trades:

Today I broke so many of my rules. The first two trades I took in $HOTR and $AXSM I went long assuming the momo would go my way not following the indicators AT ALL. And I paid. The stops list were hit – so I paid for my stupidity. It felt like I did when I first learned. Terrible feeling not being in control of your trade.On $HOTR lost 280.00 and $AXSM lost 350.00.

Then later I took a intra-day break out trade in $INPX and completely broke the get out quick rule when the break-out trade goes against you and I held and got VERY LUCKY. Made 1050.00 on it.

If the was a shining star it was in my swing trades from the other side of our platform. But the swing trades and our algorithm model trades don’t count in the trading challenge:)

$HOTR, $AXSM, $INXP

Curt M_1: .63 long $HOTR 2000
Curt M_1: 1000 $AXSM long 4.64

Curt M_1: Stop set .49 $HOTR
Curt M_1: Stop $ASTM 4.29

Curt M_1: $INPX closed 4.22
Curt M_1: 5000 at .21 c
Curt M_1: Did it the hard way but got it the bugger
Curt M_1: up about 500.00 on day lol

Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:

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

Momentum stocks. Learn when to buy, hold, sell, short. It’s more predictable than many think. How to use indicators.

If there’s anything I can do to help with your trading drop me a line on contact page or DM https://compoundtrading.com/contact/ #howto #trade #stocks

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
DRAM 4.79 292.62% 38266 Top Gainers
INPX 4.44 148.04% 10397640 Top Gainers
STRP 214.74 32.97% 1212493 Top Gainers
BRID 16.50 32.74% 24453 Top Gainers
PETS 30.38 25.43% 5026146 Top Gainers
CGI 2.25 21.62% 3085960 Top Gainers
STRP 214.74 32.97% 1212493 New High
PETS 30.38 25.43% 5026146 New High
BRID 16.50 32.74% 24453 New High
ASYS 8.19 13.28% 130700 New High
DRAM 4.79 292.62% 38266 Overbought
IAC 100.55 0.10% 1042935 Overbought
INPX 4.44 148.04% 10397640 Unusual Volume
SGOC 1.65 3.12% 1536946 Unusual Volume
SHE 66.28 -0.11% 255896 Unusual Volume
HOTR 0.49 20.99% 11364484 Unusual Volume
BPL 67.39 1.60% 401521 Upgrades
ADES 9.99 6.39% 239163 Earnings Before
TNAV 8.55 -0.58% 85875 Insider Buying

Algorithm Charting News:

“The day my life changed forever. They had told me that prices are random and that no one could beat the market.”

Conventional charts draw lines on charts after price occurs. My charts – days wks in advance. Big difference. $USOIL $WTI #OIL #OOTT #future

Wowza. Live video of direct price and time target hit Wed 10:30 #EIA report. $USOIL $WTI #Algo #OIL #OOTT

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

Swing Trading Notes / News:

$GOOGL Long since 859.01 Trading 948.45 with SQZMOM green MACD ramped and decent vol. #holding #swingtrade Kings Queens and Castles.

Swing trade members published forecast for $GOOGL “Feb 3 – 1003.17 Price Target in 2017”

$XRT SPDR S&P Retail ETF Trading 43.02. Holding from 41.67 but MACD may turn down any second, and if so I will likely close. #swingtrade

$VFC Swing trade went well, now we watch. Closed 57.84 April 27 before earnings.from 53.50 entry no hold through earnings. #swingtrading

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

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

NA

Gold $GLD, $XAUUSD, $GC_F :

NA

Gold Miner’s $GDX:

NA

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Why OPEC Lost The War Against Shale, In Four Charts

Oil down 68.2% from July 2008. $CL_F $USOIL $WTI #OIL #OOTT

Volatility $VIX:

Volatility Index closes at its 4th lowest level in history (9.77). Only Dec 1993 saw a lower $VIX close than today.

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

#earnings $NVDA $VRX $DIS $JCP $PCLN $ACIA $TSN $ON $NTES $PLUG $KITE $TEVA $SNAP $AGN $NWL $TSEM $JD $HZNP $SYY ??

Judging by sell-side sentiment, we still have a long way to go in stocks. BofAML:

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day).

 

Compound Trading Stock Chat-room Transcript:

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

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.

Curt M_1: $ERS halt
Market Maven: mornin
Curt M_1: Hey maven
Curt M_1: looks good out there
Flash G: action for sure
Flash G: news
Curt M_1: $SBGI Halt
lenny: Lots of halts lots of news.
Curt M_1: Start premarket review at 9:15 there’s a lot going on here.
Flash G: I’ll say
Hedgehog Trader: Hi everyone
Market Maven: morn
Spiegel: Good mornin everyone
Flash G: GM
Flash G: The MA’s are here.
Market Maven: mornin all
Market Maven: What’s hot in OTC land Spiegel?
quarryrock: good am folks!
Market Maven: hey qr
Curt M_1: morn
Sandra: $HOTR is hot
Spiegel: FNBC again
Spiegel: and FNCX
Curt M_1: What r u showing for $FNCX?
Spiegel: down to .89 now. has to break $1.00 to be good
Sandra: $TOPS action again today
Hedgehog Trader: $LAC.TO / $LACDF looks like it will open higher
Spiegel: CGIX launched a new multi-gene, liquid biopsy lung cancer test that is supposedly changes the paradigm for monitoring them
Curt M_1: Still scanning etc be a few mins here
Hedgehog Trader: wonder if $ESEA gets a Europe bump
Hedgehog Trader: both $ESEA and $TOPS are based in Greece
Curt M_1: On mic in 3 mins for open>>>>>>>>>>>>>>>
mat: GM all. Oil algos nice and alert this AM it looks like lol
Curt M_1: morn
Tradergirl: gm kk
Market Maven: lol
Flash G: mornin girl!
Flash G: in pearls
Tradergirl: i saw kate in email and HAD to pop in lol
Flash G: hahahaha
Flash G: tell us the way:)
Curt M_1: .63 long $HOTR 2000
Market Maven: right in behind ya
Flash G: $AAPL time
Curt M_1: 1000 $AXSM long 4.64
Sandra: 4.47 I’m in at lol
Spiegel: in at 4.50
Spiegel: should I sign up for oil now or do you think I have a few hours?
Flash G: adding to $AAPL swing
mat: 5 cent tick pilot as well which can make things screwy
quarryrock: added $SLW $19.50 Cs .40
mat: Like that play QR. Looking at some adds on the common side this am in the miners
quarryrock: long $MEET shs $6.09
mat: CHK looking nice, looking for a clear and close over the 50
Spiegel: Curtis, If I buy the 6 month EPIC bundle for $1599 do I still get the 24 hour room or is the 24 hour room only on a monthly basis for $399 with promo code?
Spiegel: ok
quarryrock: BTO $DIS $112 $1.90 5/12
Flash G: $WKHS shorting any lift
Spiegel: FNBC is the one- So dm to Curtis Melanopoly twitter?
Spiegel: yes
Spiegel: it was from pre-market
Spiegel: Ok, I DM’d you
Spiegel: yes
Spiegel: World Traveller
Spiegel: no
Spiegel: no World Traveller @ JorgeSamosa
Tradergirl: world traveller, ‘nuf said, best handle 😉
Tradergirl: see kk always bet on hopium
Tradergirl: and me
Spiegel: wasn’t me
Curt M_1: $SIEB halt
Curt M_1: Stop set .49 $HOTR
Curt M_1: Stop $ASTM 4.29
Spiegel: looking forward to it
Spiegel: I’m an EPIC member!
Spiegel: Hurts paying with Canadian dollars
Sandra: $NAK is on
Sandra: yeehaw me too
Sandra: made a lot of money with that thing lately hahaha
Flash G: You and the Shieks
Market Maven: oh my
Flash G: its ture
Flash G: true
Flash G: they’re in EPIC heavy duty big
Market Maven: ya
Spiegel: that AAOI I mentioned from last week still going
Spiegel: 🙂
Market Maven: I actually shorted $AAP Flash – and Won!
Tradergirl_1: FlashG, u mean literally /opec/ etc
Market Maven: ha
Flash G: yes um
Tradergirl_1: get. out. lol.
Hedgehog Trader: yes sir
Hedgehog Trader: it’s been volatile for sure
Curt M_1: Back in 5>>>>>>>>>>>>> 10:29
OILK: Just got my EPIC reg – coupon code worked nice – hopefully room opens early
Curt M_1: likely will – brb
Spiegel: If you have Irish remorse if you lose then I have German angst
Tradergirl_1: Curt, are these oil scalps u r discussing now? or swings? a bit lost
Spiegel: AXSM dropping
Tradergirl_1: right, thx, level to level atm then, not predicting more distant tgts
Tradergirl_1: yep same here ok same pg thx
Tradergirl_1: ya, I use h4, but don’t wanna fade epic lol
Spiegel: So if you went short where you want to, would you just hold through everyone quadrant bounce or would you get out, back in, out…back in etc.?
Spiegel: so channels within channels within channels
Spiegel: HOTR tanking
quarryrock_1: lol just patient here
quarryrock_1: bit of a snoozer today
Tradergirl_1: bonds tanking
Tradergirl_1: urre!
Spiegel: I had LQMT on my top 10 charts but forgot to mention it this morning
Spiegel: and that will all be part of this room?
Tradergirl_1: never traded otc, aren’t commish-intensive? not even sure how trading works
Spiegel: not commish intensive unless with the wrong broker
Tradergirl_1: $LQMT great find Spiegel. what broker is good for these? halts seem scary
Spiegel: I’m Canadian so I can’t help an American.
Tradergirl_1: ok np
Curt M_1: C ya at noon:) for chart set up intensive tighter time frames for daytrading swing set ups! >>>>>>>>>>>>> off mic 11:01
Spiegel: IB charges .005 per trade up to .5% of trade value. So not good with really low priced stocks. So not good if buying over 2000 shares of something
Spiegel: Look into TD Ameritrade. Get thinkorswim with it.
Spiegel: $7 flat if do 150+ trades per Q
Deb: too bad that pen sucked back at lunch
Dave: I agree with you guys on LMQT very nice play
quarryrock: $EFA fading – right at the money now so need a bit more to capture this trade
quarryrock: still in those puts
Sammy T: $VIX drop is crazy
Sammy T: Man Flash you’re on the right side of this trade again
Market Maven: Flash been around for a while:)
quarryrock: added more $DIS $112s goal is to exit before the report on 50%
quarryrock: $1.23
quarryrock: i want some $MEET $6 but refuse to pay more than .40
quarryrock: fill at .40 or no trade
quarryrock: quick note on Disney there has been massive call buying in June at the $120 strike weeks ago. someone is bullish
quarryrock: open interest is 69,000 contracts Jun 16
Hedgehog Trader: $NAK movin
Curt M_1: On mic at 12:10 for mid day – sorry – one more quick call :):)
Tradergirl: Thx Spiegel, I have old tos account, might consider, on TradeStation atm, loathe it, tos way better
Curt M_1: on mic for mid day charts >>>>>>>>> 12:09
Tradergirl: well done Flash
Tradergirl: KK do u ever sell option premium, ex: credit spreads for summer $
Tradergirl: selling option premium for u kk
Spiegel: living the life!
Tradergirl: lol
Tradergirl: cld u pls quickly peek at kate, haven’t looked at in ages, bottoming maybe
Tradergirl: obsessed w her stuff
Tradergirl: guessing fundys awful, haven’t checked
Tradergirl: gorgeous bull candle early 17, buyer commitment
Leanne: Curtis
Tradergirl: moody as heck looooool
Hedgehog Trader: haha
Hedgehog Trader: opportunity and danger
Leanne: just remember that a happy wife is a happy life
Tradergirl: ya, looking at flush to 15ish, guessing fundys awful, ya no kidding hedgehog, lol Leanne!
quarryrock_2: BTO starter position in $KSS
quarryrock_2: 5% div yielder reprting thurs looks tasty
Curt M_1: lol going to be nice when these new systems arrive omg
Curt M_1: 5000 Long 4.01 $INPX Daytrade tight
quarryrock_2: House of Mouse through vwap
Hedgehog Trader: wonder how $ICLD moving averages look
Hedgehog Trader: looks like it’s basing
Curt M_1: $ICLD 200 ma on 30 min if it gets up above and keeps it then that’s likely the start of the turn
Curt M_1: imo
Market Maven: No Shares to short $INPC on IB
Market Maven: $INPX
quarryrock: cramer pumpin $KSS
Hedgehog Trader: Cramer danger
quarryrock: lol
Hedgehog Trader: 🙂
quarryrock: $MEET implied move is 14%
quarryrock: AAPL cured cancer apparently
quarryrock: what a beast
Dan: haha
Hedgehog Trader: $NAK booming
Curt M_1: $INPX closed 4.22
Curt M_1: 5000 at .21 c
Curt M_1: Did it the hard way but got it the bugger
Curt M_1: up about 500.00 on day lol
Market Maven: lucky
Sandra: $OPTT ITHG set up
quarryrock: $MEET HOD
Sandra: Correction: $OPTT ITG setup
Spiegel: TSLA on the move the last few minutes
Spiegel: 306 to 309+ almost 310
Spiegel: over 310 now
Spiegel: Even UWT up almost 5% from the lows just before noon
Curt M_1: looks like these algo charts and screen recorder just wont run at same time on these laptops – going to have to run that software you talke about speigle until laptops come
Spiegel: give it a shot. It’s good to have anyway
Curt M_1: ya
Market Maven: should work
Spiegel: keeps computer running smooth although even it can be overwhelmed with too much running at once
Flash G: $TSLA sure looks good
Flash G: market looks like it will be very bullish tomorrow
Curt M_1: you’re likely right falsh
Sandra: $NAK having an outstanding day
the lion: hello all and everybody
Market Maven: hey lion
the lion: mnkd is this shortsqweez ??????
quarryrock: Curt thoughts on $SLV ?
Curt M_1: On $SLV I personally would wait for the MACD on daily to curl up but I typically miss first 15% of a move because of it….
Curt M_1: $SLV on a daytrade basis….
quarryrock: im stalking USLV
Curt M_1: MACD on 60 min $SLV is trending up and price hasn’t moved – that’s actually still bearish but…. hmmmm price action says short term bottom so it’s undecided imo
quarryrock: ok TY
Curt M_1: Even the 5 min is tough
Curt M_1: its a tough chart all around – it says indecision lol
Curt M_1: $MNKD sure got lift wow
Curt M_1: coming off hard now tho
OILK: Curt your $CBMX is HOD
Spiegel: Just signed up for Swing Trading service too!
Flash G: now that you will like
Flash G: my specialty
OILK: wow $CBMX
OILK: ya I make money off swing and oil all the time I daytrade for fun lke curt
Curt M_1: back in 20
Curt M_1: good to hear spiegel!
Spiegel: Thanks. Although you’ll probably lose me in here once my one month trail is over on the 17th. The oil room and the swing will be enough to handle I think.
Spiegel: Plus I’ll be travelling all summer and won’t have time to watch 9:30 to 4 markets
quarryrock: if $MEET beats tonite expect this to fly to $8 tomrrow as players will pounce
quarryrock_1: could attract alot of MOMO bees
quarryrock_1: BTO $TGT $57.50 .37 weeklies
quarryrock_1: calls
quarryrock_1: if the strips beat this will pop ahead of their earnings
quarryrock_1: cheaper way to play the retail names if bullish
quarryrock_1: im bullish M KSS and JWN fyi
quarryrock_1: only playin KSS and TGT tho
quarryrock_1: interesting $MEET CEO and CFO are presenting tomrrow in San Fran at Internet and Digital Media Conf.
quarryrock_1: webcasting the presentation live too apparently FWIW
quarryrock: BTO $YELP $36 Cs $2.15
Curt M_1: Back for the close lol sorry bout that
Market Maven: pretty calm close
Curt M_1: Quarry…. you kicking my butt today>>
Flash G: I think he is:)
quarryrock: lol nope im just diversifying my plays to increase bankable opptys
Curt M_1: nice
Curt M_1: I’m going for the grandslam on Turn around tuesday haha
quarryrock: this week is loaded with trades
Curt M_1: yup
quarryrock: nice!
Spiegel: no singles…no doubles……just grand slams!
Curt M_1: yup one hit thats all I need lol to catch him lol
Curt M_1: $INPX kept going
quarryrock: im holding $MEET into ER ! they better not failing me ! 🙂
Curt M_1: wow
Market Maven: u should be ok
Sandra: i considered it too
Curt M_1: good luck QR
Hedgehog Trader: iirc $MEET tends to do well with Valentine’s Day ramping up biz- but we’ll see
quarryrock: nice!
Hedgehog Trader: but i haven’t followed as much lately
quarryrock: everything ive read up on them has been bullish the analysts anticipate a strong qtr and guide we shall see
Hedgehog Trader: good stuff
Sandra: $SNAP snapped
Curt M_1: Y’all have a GREAT NIGHT!!!
OILK: see ya guys
Market Maven: bye bye

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Article Topics: $HOTR, $AXSM, $INXP, $STRP – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, 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