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Good morning Traders!

Crude oil topped out yesterday in its run up from lows April 28 – now (at time of writing I see price is spiking in premarket and bulls may take another run at highs). The OPEC pump is on.

We wrote a two part article on the time cycle work we are doing in crude oil trade specifically to the one hour time frame, we called the intra-week top tick almost to the penny and time, days in advance. You can read the article that includes the oil trading room minute by minute with trade alerts here.

It is important for all instruments of trade if you’re going to trade the future markets to understand what the machines are doing, they do drive price along with other reasons of course.

Our machine coding to equities, commodities, currencies and crypto are all rooted in the discipline of the analysis you will find in that article I reference (it is a two part article that is thick and difficult to read but if you put aside an hour you will understand the concept and it will help you in any trading of any instrument for daytrading and swingtrading).

Our timing with the recent profit trims in Gold $GC_F $GLD $XAUUSD was excellent in the 1720s. Gold is now trading 1678.00 in premarket and we are looking at adds long at bottom of chart structure in your reports.

Natural Gas is up nicely this morning, we’re looking for adds to the long starter we have, however, I’m not sure where we are going to add, watch the alert feed.

Our profit trims in SP500 $SPY long positioning was executed quite well, we knew there was a high probability of time cycle inflections in to end of week (considering the Thursday afternoon oil time cycle peak) as alerted, so this worked out really well. Here also we’re looking for adds to the positioning, watch the alerts.

The Volatility long trade in to peak last cycle was near perfect with $VIX and $OVX (20s to 330s) and the alert last few days surrounding supports near was also spot on, we haven’t added to our long positioning yet, but it shouldn’t be far out.

The Bitcoin $BTC long positioning and recent trims on resistance are good but it’s still in bull mode this morning at time of writing 8938.00, so it’s an excellent swing trade no doubt, we’re watching for top of structure on model charting you have to see more profit trims.

Silver $SLV as expected is still under pressure and we’re just looking for adds to long positioning at chart model supports (see your reports).

Equities this recent cycle, timing was almost perfect, it was a great start to the cycle. I had called the cycle to start April 10, 2020 and the our models had it about 10 days prior (the models were closer than my call) but it couldn’t have been better. Timing cycles have been fantastic. Market highs we got, the down turn we nailed really hard and now this recent run up has been a good start. And even this week calling an interim rest in the cycle was spot on. Now we’re in $STUDY mode as we took our profits in to last few days.

I’ve received a number of personal notes from our Swing Trading Alerts platform users recently (on email mostly) and I think I’ll be asking you folks if I can post them anonymously to our website as swing trade reviews for other traders looking in to swing trading services. I appreciate hearing from you, it does make the work we do worthwhile when you hear about traders becoming disciplined consistently profitable traders. It will be good to meet as many of our new trading members as can make it out in the near future. Eventually most end up visiting the island.

Don’t miss the Sunday Swing Trade $STUDY Webinar series restarting this Sunday at 7 pm. If you’re not a registrant there are still 4 spots for this Sunday. If you can’t attend live the videos are sent out thereafter.¬†

I will be in a location this weekend again where high speed stable internet is 100% as we know the area well.

Next week will be very active in the live trading room and we start daytrading the swing trade set-ups on lower time frames also soon (this requires us updating the swing trade charting to lower time-frames for daytrading, coming soon).

EPIC V3.1.1 crude oil trading alerts have been firing very well post Black Swan code updates. Last night taking a short side trade that was almost to the minute perfect. Huge range in that short so it worked out well for our oil traders.

 

Beauty of a short sequence EPIC V3.1.1 started at 100 AM, chart, alert and article that explains why and how we knew the top price and time explained on this thread $USO $CL_F $UCO $SCO $GUSH $XLE

Beauty of a short sequence EPIC V3.1.1 started at 100 AM, chart, alert and article that explains why and how we knew the top price and time explained on this thread $USO $CL_F $UCO $SCO $GUSH $XLE

Themes will be the power of returns in the next time cycles in to the election and beyond, we’re working at these every day and you can expect a lot more swing trade set-ups over the weekend and in to next week.

Today my advice is to go very easy, put your time in to $STUDY, every hour invested in preparation for markets pays massive dividends.

I wouldn’t expect super active trade in the live room today, but you never know. I would however expect such next week to be extremely active as I’ll have my high speed line to work with and there are a number of videos I need to do, like a $STUDY on how to scan for swing trade set-ups, how to trade the one hour crude oil model we’ve recently locked in for our oil traders and various others.

Oh, and I have the most recent time cycle swing trade profit and loss in my hands, I’ll review and add study notes and send out this weekend. This will also help those looking for a current trade position listing. Blow out performance, it’s getting better as we go, which is good of course!

If you want direct access to me on Whatsapp send your request on email and I’ll connect on there with you. It works well as sometimes I am away from my trading desk and if you need a hand with a trade I’m right there right now.

As always if you need anything be sure to email compoundtradingofficial@gmail.com and have a great weekend!

Thanks

Curt

 

Article Topics; Premarket, Trading Room, #OPEC, #OOTT, $CL_F, $USO, Gold, Silver, $VIX, $SPY, $NG_F, $BTC, Themes, Swing Trading, $STUDY, Webinar, machine trading, time cycles, positioning, P&L

 


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Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Tuesday March 21, 2017; $ESPR, $HTBX, $PTIE, $NAK, $NG_F, $UGAZ, $GC_F, $JNUG, $DUST  Р$DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc 

Intro:

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

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

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

Notices:

Per recent;

Weekly Simple Swing Trade Charting is out:

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

In play today in chat room; $ESPR, $HTBX, $PTIE, $NAK, $NG_F, $UGAZ, $GC_F, $JNUG, $DUST

$PULM was a decent runner on the day but I didn’t trade it because we were in $ESPR and watching the market movements. Some were cleaning up there risk and those type of things.

Our traders continue to do well with Natural Gas on the turn with $UGAZ and the Gold turn in $JNUG. I am still sitting in a small $DUST position that I will either add to or pivot to long Gold or miner’s in $JNUG or $NUGT if Gold confirms to upside – but it has been mostly sideways the last few months and Gold is struggling with the resistance identified by our algo some weeks back (long before Gold was anywhere near where it is).

$NAK is also on a turn here and our room has been all over it.

My morning momentum play was in $EPSR and it was a near perfectly executed trade. The video explains the chart indicators I use that got me out of the trade right on time very near the top – and there is video for it below. I got in because the market was weak but $ESPR had run the day before aggressively and in premarket it was aggressive coming in to the open. So I entered and sent an alert to our members right before open and added a few times and exited right before it turned back down. Awesome momentum trade – test book.

$ESPR Entered 44.52 premarket 1350 shares closed 934 47.63 Live on trading video with explanations will be in postmarket post for today.

$ESPR, Trading, Results

$ESPR Entered 44.52 premarket 1350 shares closed 934 47.63 Live on trading video with explanations will be in postmarket post for today. #daytrading

Premarket trading plan (member post) can be found here:

Premarket was all about: $ESPR, $HTBX, $PTIE

$ESPR was up about 7% but it wasn’t hitting a lot of the scanners in social etc but I was watching it because it ran the day before of course.

$PTIE was up 66% premarket so this and $HTBX were where most trader’s were focused when I looked around (we have most rooms on our monitors and social etc).

$HTBX was up 23% premarket on news also.

Through the evening and early morning in the algo lab I was tweeting a storm of tweets about how the market looked bearish and had been for a few days and sure enough Tuesday was the day. Nailed it to the day but we did know it was coming. Our $SPY algo nailed the interim top AGAIN and we were sending messages in our reporting to members on different services (even on these post market trading results posts). So we were more than ready.

Algorithmic Chart Modeling Reports / News:

The interesting thing I find about our algorithmic model charting is that they always keep us on top of not just trading ranges and the like but they have all been hitting the important turns like our Gold algo hitting the top last year and the most recent bottom turn, our dollar algo is all over it and our SPY algo had us ready for this top and on and on.Or even our oil algo, always nailing it. It has added an element to my trading that I couldn’t do without – becoming used to it for sure when originally I struggled with it (like anyone would I suppose).

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

Stocks, ETN’s, ETF’s I am Holding:

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

Note-able Stocks Today (via FinViz):

Ticker Last Change Volume Signal
PULM 3.88 39.57% 22785823 Top Gainers
VSR 1.55 37.17% 5287900 Top Gainers
SILC 46.74 20.74% 450800 Top Gainers
BBGI 11.50 14.20% 83800 Top Gainers
HOS 4.19 12.94% 2561000 Top Gainers
IDXG 2.45 11.36% 361423 Top Gainers
BBGI 11.50 14.20% 83800 New High
MESO 9.30 6.90% 89057 New High
SILC 46.74 20.74% 450800 New High
AQN 9.47 0.53% 159100 New High
FIZZ 78.86 0.24% 368278 Overbought
CLNT 2.65 -0.75% 42571 Overbought
VSR 1.55 37.17% 5287900 Unusual Volume
PTIE 0.99 45.59% 32934664 Unusual Volume
FLQD 27.40 -0.74% 50800 Unusual Volume
XRLV 29.45 -1.04% 1785700 Unusual Volume
BWXT 47.14 0.62% 1514900 Upgrades
ABUS 3.20 -4.48% 564112 Earnings Before
TSLA 250.68 -4.29% 6891700 Insider Buying

The markets to me look toppy (as I’ve noticed previous). So last weekend we produced some simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets. So I find the practice crucial even though our algorithmic modeling can cut up a chart on any time-frame and I can trade scalping like nobody’s business with them… but I have businesses etc and I can’t be a minute by minute trader (right now anyway). So keeping it simple helps me and many on our swing trading side of the platform really appreciate the simple view because they have day jobs or businesses etc.

The Markets Looking Forward:

This is one perspective of things possible going forward:

Swing Trading Reports / News:

The quarterly performance report link is above in the intro to this post – we have been killing and below are some of the recent simple swing trading charts.

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

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

Results are in for Gold trading vote:

Silver $SLV:

Crude Oil $USOIL $WTI:

Volatility $VIX:

$SPY S&P 500:

$NG_F Natural Gas:

Natural gas on fire… I’ll try and get some time to start covering it more closely. On a side note we’re going to start covering emerging markets and USDJPY closer too soon hopefully.

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

 

Compound Trading Stock Chat-room Transcript:

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

Important note: There are a few pieces of the transcript missing from Tuesday. We’re learning that when there’s an interruption in service that we have to restart the room and reset transcripts and it is a bit cumbersome so we are thinking of trying a different service next week. We’ll get on the right platform and we’ll get the transcripts etc sorted.

There is a morning momentum trade that I did right before open and during open that has live voice broadcast that early traders would likely benefit from (with additional comments earlier in this post). I will try and get a detailed trade explanation video done (we’re in studio for 3 days this weekend doing nothing but educational videos – yes we booked 3 days wow).

6:50 AM
Compound Trading‚ÄčTrading Plan Mar 21 $HTBX, $PTIE, $NAK, $NG_F, $KALY, $USRM, $BLKG LINK: https://compoundtrading.com/premarket… PASSWORD: PRE0321

7:01 AM Curtis Melonopoly ‚ÄčI will be traveling today again by 10:15 but I’ll still be in room on my phone.

7:07 AM MarketMaven M‚Äč The $HTBX news is decent

7:08 AM MarketMaven M‚Äč Nick’s nakity $NAK looks good

7:10 AM Curtis Melonopoly ‚Äčy a watching $NAK close

7:12 AM MarketMaven M‚Äč Apple unveils new 9.7-inch iPad, (RED) edition iPhone 7 and 7 Plus

7:15 AM wintonresearch ‚Äčha hey guys

7:15 AMCurtis Melonopoly ‚Äčlong $ESPR 44.52

7:16 AM Curtis Melonopoly ‚Äč1/5 size tester 450 shares

7:17 AM MarketMaven M ‚Äčhey Nicholas

7:18 AM Flash G ‚ÄčMy swing trading list is solidly in play – looking at a few others too.

7:18 AM Flash G‚Äč morning!

7:20 AM Mathew w ‚Äčmetals on a ripper here right before open. looking like rampage mode will begin shortly

7:22 AM MarketMaven M ‚Äč$AXSM offering through Ladenburg

7:28 AM MarketMaven M‚Äč $ESPR long 44.64 lol

7:31 AM MarketMaven M‚Äč $ESPR whooo hoo oh lol maybe not

7:31 AM MarketMaven M ‚Äčcome on

7:33 AM Curtis Melonopoly ‚Äč$ESPR add 46.31 450

7:33 AM Curtis Melonopoly‚Äč $ESPR lol

7:33 AM MarketMaven M ‚ÄčAdd 46.45

7:34 AM Curtis Melonopoly ‚Äčadd 47.42 $ESPR

7:34 AM Curtis Melonopoly ‚Äčin 3 of 5 sizing

7:35 AM Curtis Melonopoly ‚Äčclosed 1350 shares 47.63 nice win

7:35 AM Curtis Melonopoly‚Äč out completely

7:35 AM MarketMaven M ‚ÄčI’m still in

7:35 AM MarketMaven M‚Äč opps now I’m out

7:36 AM MarketMaven M ‚Äč47.45

7:36 AM MarketMaven M ‚Äčnice trade curt

7:37 AM Curtis Melonopoly ‚Äčon the mic for that trade BTW forgot to mention

7:37 AM Curtis Melonopoly‚Äč explanation on mic of why I exited where I did

7:38 AM MarketMaven M ‚Äčya thanks curt caught that on speakers

7:43 AM MarketMaven M ‚Äčsnap back entry?

7:45 AM Curtis Melonopoly‚Äč $SCON on scanner but I don’t like the stock

7:46 AM Flash G ‚ÄčBonds on high alert here folks.

7:47 AM wintonresearch‚Äč $SCON has been a penny stock for like 15 years

7:48 AM wintonresearch ‚Äč$URRE moving up again

7:48 AM wintonresearch ‚Äči like it

7:50 AM Curtis Melonopoly ‚Äč$HTBX approaching VWAP

7:50 AM Curtis Melonopoly‚Äč $URRE going to go parabolic soon imo

7:50 AM wintonresearch ‚Äči agree Curtis

7:54 AM wintonresearch‚Äč$ UGAZ continuing up

7:55 AM Curtis Melonopoly ‚Äč$ESPR 42.68 lol

8:00 AM Flash G ‚ÄčMy $CMG swing doing well here but watching closely

8:04 AM Curtis Melonopoly ‚Äč$BLKG almost half what I sold it for yesterday lol really entry soon maybe

8:04 AM MarketMaven M ‚Äčthat’s almost sad lol

8:05 AM wintonresearch‚Äč $JNUG perky

8:05 AM Curtis Melonopoly‚Äč ya this could be the trend break our algos looking for here soon

8:06 AM Curtis Melonopoly ‚Äčif it ends up confirming I’ll flip long hard… but it keeps messing with resistance etc

8:06 AM Curtis Melonopoly ‚Äč$GC_F I’m referring to

8:08 AM wintonresearch‚Äč would like to see GDX:GLD above 0.2 for rally to be confirmed

8:08 AM Curtis Melonopoly‚Äč see there it is at the algorithm line again (yellow)

8:09 AM Curtis Melonopoly ‚ÄčGold really sticks to the math it’s interesting. Back tested math.

8:10 AM MarketMaven M ‚Äčya you’ve had that algo line on there for many months

8:10 AM MarketMaven M ‚Äči think before Christmas

8:13 AM MarketMaven M ‚Äč$SNAP is my watch today now

8:13 AM MarketMaven M ‚Äčlooks like a good long here soon

8:14 AM MarketMaven M‚Äč up 2.8% and looking beastly

8:15 AM MarketMaven M ‚ÄčIt’s working on the third 5 min soldier as Curt calls em

8:16 AM Curtis Melonopoly ‚Äčprobably a better EOD or early play tomorrow IMO

8:16 AM Curtis Melonopoly‚Äč that last 5 min candle not the best at top there 20.50 range

8:16 AM MarketMaven M ‚ÄčI see

8:17 AM Curtis Melonopoly ‚Äčbut don’t let me discourage it

8:17 AM MarketMaven M ‚Äčya I’ll watch it

8:19 AM Flash G ‚Äč$IBB is on a test of LOD

8:19 AM Scott Ryan ‚Äčgm

8:21 AM Curtis Melonopoly ‚Äčhey scott

8:21 AM Curtis Melonopoly ‚ÄčGold looks more real than it has in a while

8:22 AM MarketMaven M ‚ÄčGM Scott!

8:22 AM Flash G‚Äč $IBB wow could get interesting

8:23 AM wintonresearch‚Äč $MUX a good play on both gold and silver

8:23 AM MarketMaven M ‚ÄčHave never traded it

8:26 AM MarketMaven M ‚ÄčThe only reason I’m not going long miner’s is that stupid yellow algo line curt wtf lol

8:26 AM Curtis Melonopoly‚Äč tell us how u really feel ?

8:27 AM Curtis Melonopoly ‚Äč$SSH at 52 week lows so I may wack it hard for a test soon long

8:28 AM Flash G ‚Äč$ES_F looking sickly today

8:29 AM Flash G ‚Äč”Risk-off” feelings here

8:30 AM wintonresearch‚Äč $URRE getting that look

8:32 AM Curtis Melonopoly‚Äč looks like $STUDY time for me and some travel here soon. Bears are coming out to play I think.

8:32 AM wintonresearch‚Äč speaking of weak SPY $FAZ chart looks strong

8:33 AM Curtis Melonopoly ‚ÄčI’ll be in the room but travel prep time for me. and I’ll be in here while traveling FYI.

8:33 AM Flash G ‚Äčlooks mucky for sure – we’ll see

8:34 AM Curtis Melonopoly‚Äč you called it yesterday flash

There is missing transcript here… with an outage.

9:03 AM MarketMaven M ‚Äč$SGDH my micro play now entering here

9:04 AM MarketMaven M ‚Äč$SDGH

9:04 AM MarketMaven M ‚Äčpot

9:18 AM wintonresearch ‚Äč$FAZ

9:18 AM MarketMaven M ‚Äčtime to btd?

9:18 AM MarketMaven M ‚Äčya Nich

9:47 AM Flash G‚Äč via @bespokeinvest Financials getting hit the most today by wide margin. Down 2.25%. Remaining sectors down 0.75%-1.25%. Utilities, Staples up on the day.

9:51 AM Scott Ryan ‚Äčtrend days dont usually bounce … looking short
Inline image 1
9:58 AM Mathew w ‚ÄčXLE actually decently strong here along with most of the miners, juniors seem to be lagging a bit

10:15 AM Flash G ‚ÄčI’m watching with great interest

10:18 AM Mathew w ‚ÄčAdded to SWN and ECR swings. ECR avg 2.2 and SWN about 7.6. Looking late spring time frame on both of these

10:24 AM Flash G‚Äč $SWN was on my watch – that looks really good $ECR I haven’t looked at yet.

10:25 AM Mathew w‚Äč ECR similar play. Both in the ng space. I’m also in CRK as well. All 3 should see higher in coming weeks with nice set ups off of bottoms and hammers yesterday

10:32 AM Flash G ‚ÄčI’ll have to look.

10:48 AM MarketMaven M ‚Äč$RGSE chatter about CEo buying shares

10:48 AM MarketMaven M‚Äč Been watching the stock lately

11:07 AM MarketMaven M‚Äč.

11:13 AM Curtis Melonopoly ‚Äčhad oil come off just a tad more I’d be long

11:37 AM Curtis Melonopoly‚Äč gold anywhere near 1251 to 1256 I’m loading dust

11:37 AM MarketMaven M ‚Äčlololol

11:43 AM Mathew w ‚Äčloading dust for a reversal in gold? Man, with these currency moves that’

11:43 AM Curtis Melonopoly ‚Äč$BEBE wrecked wow

11:43 AM Mathew w ‚Äčthat’s a bold bet

11:43 AM Mathew w‚Äč Im still just in a few juniors and SLW for e’s today but shorting here seems tough

11:43 AM Curtis Melonopoly ‚Äčloading is not totally committed ?

11:44 AM Mathew w‚Äč fair enough.

11:50 AM Curtis Melonopoly ‚Äčlong 5.07 $BEBE

11:51 AMCurtis Melonopoly‚Äč1 / 5 size 2800

11:51 AM MarketMaven M‚Äčholy risky man today

11:53 AM Chat disconnected. Please wait while we try to reconnect you.

11:53 AM Successfully connected.

11:53 AM MarketMaven M ‚Äčokay fine I will 1 / 10 size it haha 5.12 600

11:53 AM MarketMaven M‚Äč.

12:10 PM wintonresearch ‚ÄčFAZ still rockin

There is 20 minutes missing here because of another outage.

12:32 PM Curtis Melonopoly ‚Äčsold be be small loss 4.80 .32 cents on 600 or 190.00 ish

12:33 PM Curtis Melonopoly ‚Äč$BEBE

12:41 PM MarketMaven M ‚ÄčI’m back lol

12:41 PM Flash G ‚ÄčYup me also

12:46 PM Curtis Melonopoly ‚Äčsorry about the outage lol

12:49 PM Flash G ‚ÄčI was just thinking about Gold

12:50 PM Flash G‚Äč After looking at Curt’s comments

12:50 PM Flash G ‚Äčits been sideways pretty much for 2 months!

12:50 PM Curtis Melonopoly‚Äč yup

12:54 PM MarketMaven M ‚Äč$ONCS HOD was watching this all day

12:54 PM MarketMaven M ‚ÄčI see your point on Gold flash I’ve stayed out of it completely

12:54 PM MarketMaven M ‚ÄčI couldn’t reconcile Trump and Gold trade and all that comes with it clearly

12:55 PM MarketMaven M ‚ÄčI remember last year Curt’s DXY algo telling everyone it was going to break out and he people didn’t believe it and look what happened

12:57 PM Flash G‚Äč Yes I recall and I also know that the algo has it in a quadrant Curt and I talked about – it’s still in play until it isn’t as far as the algo is concerned – its all a complicated play

1:09 PM Curtis Melonopoly ‚ÄčGold will be interesting if it gets up over resistance could be a huge trade

1:10 PM Flash G‚Äč Seems to be a big if lately

1:10 PM Flash G ‚ÄčMiners have been a difficult trade.

1:12 PM MarketMaven M‚Äč $FUEL- Rocket Fuel Expands Partnership with IBM by Embedding Watson Cognitive Capabilities into Its Predictive Marketing Platform

1:14 PM MarketMaven M‚Äč VRX NHOD

1:14 PM MarketMaven M ‚Äč$VRX – I’m in it I am going to win

1:32 PM MarketMaven M ‚Äč|Really liking the $SNAP set-up likely a long tomorrow if market settles down

1:35 PM MarketMaven M ‚ÄčBLOCK TRADE: $NE 300,000 shares @ $5.80 [15:34:08]

1:38 PM MarketMaven M‚Äč $HTBX strong EOD here – may be a good set-up for morning

1:42 PM Eric Lunianga ‚ÄčLovely day

1:43 PM Curtis Melonopoly‚Äč $BLKG 20 now lol I sold at 55 yesterday crazzzy

1:45 PM MarketMaven M ‚ÄčHey Eric

1:45 PM MarketMaven M ‚Äč$BTCS off 60% lol

1:45 PM Eric Lunianga ‚ÄčHey man

1:45 PM Curtis Melonopoly ‚ÄčGood day to you eric

1:45 PM Eric Lunianga ‚ÄčHey Curt

1:46 PM Flash G ‚Äčwell that was quite a day

1:46 PM Flash G ‚Äčno trades but watching that was kinda fun

1:46 PM Eric Lunianga ‚ÄčIndeed, let’s see it continue

1:46 PM Flash G ‚Äčtomorrow is the deciding up or down i suppose

1:47 PM Flash G ‚Äčlol no I’m long a bunch still but that can change and i’m green with 90% or more so ya either way works

1:47 PM Flash G‚Äč but i do have some large plays but i can turn – I go both ways

1:48 PM Flash G‚Äč Could be a good trade if we see a correction

1:48 PM Eric Lunianga ‚Äčgood on you

1:48 PM MarketMaven M ‚ÄčCurt and I made a lot of bank the last correction the last two actually or sorry I’ve traded three with him

1:49 PM MarketMaven M ‚ÄčCurt hammers down hard in corrections lol mad man comes out

1:49 PM Curtis Melonopoly ‚Äčomg

1:49 PM Eric Lunianga ‚Äčyou got him hard just thinking about it lol

1:50 PM Flash G ‚ÄčI do recall

1:50 PM Flash G ‚ÄčI was there Maven

1:50 PM Flash G ‚Äčthe last one anyway

1:50 PM MarketMaven M‚Äč correction = new house as he says

1:51 PM Curtis Melonopoly ‚Äčwow what a EOD convoy lol

1:51 PM Eric Lunianga‚Äč makes sense

1:55 PM MarketMaven M ‚Äčwell peeps

1:55 PM MarketMaven M ‚Äčshutting her down – here’s to a glass and a good nights sleep and maybe carnage tomorrow!

1:56 PM Flash G ‚Äčnight Maven

1:56 PM Flash G ‚ÄčI’m going to think long and hard in aftermarket whether to hold my positions or not

1:56 PM Flash G ‚Äčor I may just take some risk off

1:57 PM Curtis Melonopoly I’m 93% cash so no thought for me just watch

1:58 PM Flash G‚Äč good position to be curt

1:59 PM Flash G ‚Äč$HTBX closing strong – not my thing but its a good close

1:59 PM Flash G‚Äč Well have a good night y’all

1:59 PM Curtis Melonopoly ‚Äčya u too flash

1:59 PM Curtis Melonopoly‚Äč I’ll shut er down now cya eric

Be safe out there!

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Article Topics: $ESPR, $HTBX, $PTIE, $NAK, $NG_F, $UGAZ, $GC_F, $JNUG, $DUST Р$XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM Р$UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Monday March 20, 2017; $BLKG, $USRM, $BABA, $NG_F, $UWTI Р$DUST, $ONTX, $XOM, $NE, $BLKG, $USRM, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc 

Intro:

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

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

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

Notices:

Per recent;

Weekly Simple Swing Trade Charting is out:

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

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

In play today in chat room; $BLKG, $USRM, $BABA, $NG_F, $UWTI

Premarket trading plan (member post) can be found here:

Closed my position in $USRM when it was up near 57% on the day and on $BLKG when it was near 233% on the day. $BLKG low on day was 16 and high was 58 and I closed at 55 for a nice win – held the swing for a few weeks.

$BLKG, Stock, Trading, Results

$BLKG Postmarket Stock Trading Results – Closed long swing trade when up 233% intra-day at 55

My $BABA call and a number of the other swing trading calls are continuing to be home runs, winning is good in this business.

It’s too bad our transcript in the room is not available for the first part of the day (my apologies but we’re learning the platform) because not only was most of the action for the day in the first hour but MarketMaven schooled us all on a morning momentum stock $ESPR – wow what a trade, three adds and closed near the top. Total schooling.

Also our traders were in natural gas $NG_F $UGAZ etc killing that and the other trades on intra and swing trading are all going well for our small group. 2017 has been a great year for the group, I am in the process of compiling the trade P/L of each trader (contacting them one at a time asking if they would be interested). Anyway, the feedback I am getting has been fantastic (in terms of YTD performance) and that has been obvious in the room – but I would like to document it if possible.

Premarket was all about $CURS tanking, $CTMX, $ESPR and a few others.

Algorithmic Chart Modeling Reports / News:

NA

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

Stocks, ETN’s, ETF’s I am Holding:

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

Note-able Stocks Today (via FinViz):

Ticker Last Change Volume Signal
ESPR 41.22 74.14% 30432500 Top Gainers
NKTR 22.11 42.65% 15317678 Top Gainers
BLPH 1.39 34.95% 7916200 Top Gainers
MVIS 2.60 25.00% 8463600 Top Gainers
CTMX 18.89 24.44% 2325700 Top Gainers
DDC 12.20 22.98% 4618400 Top Gainers
MVIS 2.60 25.00% 8463600 New High
AMCF 0.05 21.95% 28000 New High
ESPR 41.22 74.14% 30432500 New High
CTMX 18.89 24.44% 2325700 New High
CLNT 2.67 286.96% 130016 Overbought
FIZZ 78.67 1.68% 360459 Overbought
GNMX 2.21 -59.37% 11274507 Unusual Volume
ICVT 51.19 -0.06% 803600 Unusual Volume
AKO-A 22.66 0.80% 70461 Unusual Volume
ESPR 41.22 74.14% 30432500 Unusual Volume
ALK 94.82 1.56% 1487400 Upgrades
ASUR 10.66 -6.82% 224200 Earnings Before
PRAA 33.55 -1.47% 373400 Insider Buying

The Markets Looking Forward:

The markets to me look toppy (as I’ve noticed previous). So last weekend we produced some simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets. So I find the practice crucial even though our algorithmic modeling can cut up a chart on any time-frame and I can trade scalping like nobody’s business with them… but I have businesses etc and I can’t be a minute by minute trader (right now anyway). So keeping it simple helps me and many on our swing trading side of the platform really appreciate the simple view because they have day jobs or businesses etc.

Swing Trading Reports / News:

The quarterly performance report link is above in the intro to this post – we have been killing and below are some of the recent simple swing trading charts.

$BABA from our swing trading platform side sure looked perky today – here’s one of the charts from the swing trading platform updates this past weekend – looks interesting!

$BABA, Swing, Trading, Chart

$BABA Daily 100 MA 50 MA Cross, MACD Pinch, SQZMOM up, Stoch RSI up. Wait for MACD for long. #swingtrading

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

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

Results are in for Gold trading vote:

Silver $SLV:

Crude Oil $USOIL $WTI:

Volatility $VIX:

$SPY S&P 500:

$NG_F Natural Gas:

Natural gas on fire… I’ll try and get some time to start covering it more closely. On a side note we’re going to start covering emerging markets and USDJPY closer too soon hopefully.

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

Compound Trading Stock Chat-room Transcript:

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

Important note: The premarket, the market open and the close are all missing from this transcript WHICH WERE THE MOST IMPORTANT PARTS OF THE DAY!!! Especially the market open with a fantastic trade by MarketMaven – total schooling (as I explained above) and Flash shared some of his Swings (which btw have been red hot). So I’m very disappointed to say the least. My excuse is we’re just learning the details of the platform and capturing the transcript has its details. Anyway, we’re on it. We’re also on getting these main traders in the room equipped to run charts and broadcast voice in their trades etc to build out a more robust daily trading video for people that review after market because they work or whatever… we’re on it, we’re getting there. What limited transcript we have is below.

9:15 AM MarketMaven M ‚Äč$CMG decent action

9:16 AM MarketMaven M ‚Äč$ESPR more of a fade than a snap back possible

9:18 AM Flash G‚Äč $CRBP wacthing chart for breakout here

9:24 AM ¬†Flash G ‚Äč$TLT watching close again also

9:27 AM Curtis Melonopoly ‚Äčmy $BLKG UP 193% today

9:30 AM Flash G ‚ÄčHoly wow great hit Curt!

9:30 AM Flash G ‚ÄčThats $BLKG lol fyi

9:31 AM Curtis Melonopoly ‚Äčwhy thanks

9:31 AM MarketMaven M ‚Äčawesome

10:15 AM wintonresearch ‚Äčyup natty going strong

10:22 AM MarketMaven M ‚ÄčCan’t tell you how many times I looked at $BLKG Curt and never pulled the trigger I should learn to listen

10:30 AM Flash G‚Äč Nice bounce on $AUPH

10:31 AM Flash G ‚Äč$MEMP chart added to my watchlist long

10:31 AM Flash G ‚Äč$NAK Curl on daily adds it to my watchlist

10:32 AM Flash G ‚ÄčAnd the wedge break on $VSAR makes it to my watchlist

10:33 AM Flash G ‚ÄčAnd $ANW is the last one added to my swing watchlist this morning – all long

10:34 AM MarketMaven M ‚Äč$NKTR price target to $31 from $23 at Roth Capital

10:38 AM Curtis Melonopoly ‚Äčlike your swing trade watch list updates flash thanks

10:38 AM wintonresearch‚Äč $NAK strong

10:38 AM Curtis Melonopoly‚Äč I’m starting to use them in my own homework

10:39 AM Curtis Melonopoly ‚Äč$NAK hart looks great

10:47 AM Mathew w ‚ÄčNAk on my DNT list but the set up looks to be there and there’s been demand much higher in the recent past

10:47 AM Mathew w ‚ÄčBefore that short seller note

11:03 AM wintonresearch‚Äč yeah NAK has shrugged off a lot lately

11:03 AM wintonresearch ‚Äčput in that nasty bottom and moving up on quiet days for gold

11:03 AM wintonresearch ‚Äčadmittedly it’s given many whiplash

11:04 AM wintonresearch ‚Äčalso worth looking at my last tweet on gold vix being very low

11:04 AM wintonresearch‚Äč suggesting rise on the way

11:06 AM MarketMaven M ‚ÄčI like it

11:12 AM wintonresearch ‚Äčthe gold vix hasn’t been this low in over a year if iirc

11:14 AM Mathew w‚Äč VIX’s of all types artificially low here. They can stay that way for a while, but the move when they come upstuck will be large and swift

11:18 AM MarketMaven M‚Äč yepp

11:26 AM MarketMaven M‚Äč $MVIX long

11:26 AM MarketMaven M ‚Äča little squeeze play

11:26 AM MarketMaven M ‚Äčsorry that was lagged for some reason

11:27 AM MarketMaven M‚Äč anyway I was in and out lolol

11:32 AM Curtis Melonopoly‚Äč sorry guys I was out $BLKG some time ago at 50 so nice gain… it was actually a fat finger sale while driving

11:32 AM Curtis Melonopoly ‚ÄčI think that’s 3 times the last year I fat finger ed an order

11:32 AM Curtis Melonopoly‚Äč nice gain anyway

11:33 AM MarketMaven M‚Äč I have never done that

11:36 AM MarketMaven M‚Äč $MVIS sqeeeeze

11:44 AM Curtis Melonopoly ‚ÄčDon’t look now but my $USRM up 57% today nice

11:46 AM Curtis Melonopoly‚Äč I guess I better jump. Sold! $USRM

11:46 AM MarketMaven M ‚Äčlol auction time

11:46 AM Curtis Melonopoly ‚Äčthat’s two bags down

11:47 AM MarketMaven M ‚Äčlove that lighter feeling

12:38 PM Flash G ‚Äč$SPX lol what a market

12:39 PM Flash G ‚Äč/NG 50 sma

12:46 PM Mathew w ‚Äč/NG also backside of trendline. over 3.05 with some power should get 3.12

12:55 PM Flash G‚Äč Corny times VXX lol watching today with amusement

12:56 PM wintonresearch ‚ÄčNAK still climbing

12:56 PM wintonresearch ‚Äčand natty

12:57 PM Flash G ‚Äčsee that

12:59 PM Flash G ‚ÄčI also see some seasoned traders exiting positions because they “see something” wrong

12:59 PM Flash G ‚ÄčThis could be a shift. Yet to be seen. But some real pros are backing off.

1:01 PM Curtis Melonopoly ‚ÄčI know I wasn’t especially keen but was painful to sit on hands while MM carved up that mom this morning

1:02 PM Curtis Melonopoly‚Äč also I missed natty again lol fark

1:03 PM Curtis Melonopoly‚Äč $KALY could run

1:24 PM Flash G ‚Äč$NKE spike – had it on my morning watchlist – still on watch

1:24 PM Mathew w ‚ÄčIm about done for the day by the looks of things. Watching currencies and bonds ON. Bonds got some action to the call side today so looking for follow through there and rotation into XLE possibly

1:24 PM Mathew w‚Äč See yall in the am

1:26 PM Flash G‚Äč see ya mat

1:26 PM Flash G‚Äč with $NKE earnings tomorrow I was playing cautious

1:27 PM MarketMaven M‚Äč see you mr mathew

1:31 PM Flash G ‚ÄčPositive flow in $CMG now EOD

1:34 PM Flash G ‚Äč$NVCN bullish chart

1:35 PM Flash G‚Äč Massive block on $SPY

1:37 PM Flash G ‚Äč$GDXJ real strong here EOD also

1:48 PM MarketMaven M‚Äč $EBIO closing at HOD

1:50 PM MarketMaven M‚Äč Taking some $KALY not missing it again after today’s episode with $USRM and $KLPG or whatever it was lol

 

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $BLKG, $USRM, $BABA, $NG_F, $UWTI Р$XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM, $BLTG, $USRM Р$UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Tuesday March 7, 2017; $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F, $HEAR, $AUPH, $MOSY Р $NE, $XOM, $BSTG, $ONTX, $DUST, $MGTI, $TRCH, $LGCY, $SSH, $ASM etc 

Intro:

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

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

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

Notices:

Per previous;

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

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

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

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

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

In play today in chat room; $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F, $HEAR, $AUPH, $MOSY

The premarket started with this watchlist: $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F

I traded $SNAP wash-out snap back for a win, $WFT for a win and $XIV flat.

“$DUST Swing on tear last few wks. Thanks @ROSIEtheAlgo Will Gold break below 50 day? Is vote herd right? #Gold $GLD $GDX $NUGT $JDST $JUNG”

https://twitter.com/curtmelonopoly/with_replies

$DUST, Swing trade, Post Market, Trading, Results

$DUST Swing on a tear last few weeks – will Gold break below 50 day

EPIC hits BOTH Tues 4:30 targets.  $USOIL $WTI $CL_F #Oil #Algo #EPIC

“Oh myyyy…. even Freedom $SPY algo hitting called price targets now regularly too ?? Way too much winning. “Algos aren’t real.”

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

Ticker Last Change Volume Signal
NMBL 12.58 46.28% 50788927 Top Gainers
HEAR 1.39 33.65% 4064844 Top Gainers
AUPH 7.10 32.46% 49239940 Top Gainers
KURA 9.55 30.82% 282483 Top Gainers
MOSY 2.74 27.44% 3391716 Top Gainers
NTN 7.20 23.71% 62904 Top Gainers
NMBL 12.58 46.28% 50788927 New High
AUPH 7.10 32.46% 49239940 New High
FMI 34.20 9.27% 1577919 New High
MESO 7.36 9.38% 88658 New High
CLM 16.30 0.87% 288767 Overbought
MASI 94.32 0.79% 1091992 Overbought
NMBL 12.58 46.28% 50788927 Unusual Volume
PMR 34.53 -0.98% 147758 Unusual Volume
CNY 40.74 -2.37% 22472 Unusual Volume
FMBI 24.29 -0.37% 13341203 Unusual Volume
BNS 59.62 -0.27% 718880 Upgrades
ACRE 13.79 3.22% 221067 Earnings Before
OAK 44.85 0.79% 222295 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

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

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“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.”

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

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

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

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

Silver $SLV:

Silver recently failed at exactly where our algorithm had a symmetry price target extension. What does this mean? Silver needs to repair the chart soon or it’s down.

Crude Oil $USOIL $WTI:

Crude oil continues in its sideways trade and our EPIC the Oil algo members have been killing the range.

Volatility $VIX:

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

$SPY S&P 500:

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

Natural Gas:

Natural Gas we do not have an algorithmic model for yet (testing). Our traders have been nailing it however.

Momentum Trades:

Momentum trades for me were non existent really…. per above, “I traded $SNAP wash-out snap back for a win, $WFT for a win and $XIV flat.”

Swing Trading:

No new swings added to my list today.

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Algorithmic Chart Models:

As noted above, these are doing exceptionally well also.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Live Trading Chat Room Transcript: (on YouTube Live)

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

6:34 AM MarketMaven M ‚ÄčPandora shares are down nearly 4%

6:52 AM MarketMaven M ‚Äč$IBB bye bye

6:55 AM Flash G ‚ÄčOil Strong could b/o today

6:57 AM Flash G ‚ÄčMomos look weak

7:00 AM Flash G ‚ÄčMight be time for a $SNAP washout snap back

7:02 AM Flash G‚Äč $ETRM possible too

7:09 AM Curtis Melonopoly ‚ÄčWatchlist: $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F

7:09 AM Mathew w ‚ÄčLiking $Jone here for an oil play against the recent swing low

7:10 AM
Compound Trading‚ÄčProtected: PreMarket Trading Plan Tues Mar 7 $MEET, $WFT, $GLBL, $NMBL LINK: https://compoundtrading.com/premarket… PREMARKET030717PR

7:10 AM MarketMaven M ‚ÄčKinda agree on oil in general – looks strong

7:14 AM Curtis Melonopoly ‚Äčin $WFT 2000 shares starter

7:14 AM Flash G‚Äč Long $WFT

7:14 AM MarketMaven M‚Äč lol

7:14 AM MarketMaven M ‚Äčok fine I’m in

7:15 AM Curtis Melonopoly ‚Äč6.985

7:16 AM Mathew w ‚ÄčIn the pool with you guys, why not

7:17 AM MarketMaven M ‚Äčyahoo

7:18 AM Curtis Melonopoly ‚Äčif it drops at open I have a stop in place and will renter if I have to on snap back

7:18 AM Curtis Melonopoly‚Äč watching natty here too

7:23 AM MarketMaven M‚Äč Sterling Bancorp’s stock tumbles 10% premarket after stock deal to buy Astoria Financial

7:23 AM MarketMaven M ‚Äčhere we go boyz $WFT!

7:24 AM MarketMaven M ‚ÄčCurt you on mic this morning?

7:25 AM Curtis Melonopoly ‚Äčno… busy office. .. I’ll start mic work again tomorrow. .. we’re editing bids etc

7:25 AM Curtis Melonopoly ‚ÄčI’ll post all trades on here tho

7:28 AM Curtis Melonopoly ‚Äčhere we go

7:29 AM MarketMaven M ‚Äčlets do this again lol killed it yest

7:29 AM MarketMaven M ‚Äč$MEET off

7:30 AM MarketMaven M‚Äč $NTN on the move

7:31 AM Flash G‚Äč. $ETRM looks int

7:31 AM MarketMaven M ‚Äčstopped on $WFT

7:32 AM Flash G ‚Äčme too

7:33 AM Curtis Melonopoly‚Äč add 5000 $WFT

7:33 AM MarketMaven M‚Äč $SNAP VWAP

7:33 AM Curtis Melonopoly ‚Äčcost avg $WFT 6.94

7:34 AM Curtis Melonopoly ‚Äčadd 9000 $WFT

7:34 AM MarketMaven M‚Äč wow nice curt

7:35 AM Mathew w‚Äč $HTGM crazy play, hit an entry and exit before I could post up lol

7:35 AM Mathew w ‚ÄčAlerts paid off biggly on that one

7:36 AM MarketMaven M ‚Äčlol

7:39 AM Flash G ‚Äč$CHK starrter

7:40 AM Curtis Melonopoly‚Äč Trailing out 16000 $WFT

7:40 AM Mathew w‚Äč MVIS tester against rising trendline at ~1.25

7:40 AM Curtis Melonopoly‚Äč didn’t get break I wanted …. flat

7:40 AM Flash G‚Äč $MYOS jig

7:41 AM Curtis Melonopoly ‚Äčgetting DMs about mic broadcast… will start again tomorrow. … we’re editing bids today in office so busy in here

7:44 AM Flash G ‚Äčtough open

7:45 AM Flash G‚Äč $SPY LOD

7:45 AM Flash G ‚ÄčOil really strong tho

7:47 AM Curtis Melonopoly‚Äč watching $SNAP

7:52 AM Curtis Melonopoly‚Äč $SNAP long 1000 21.63

7:52 AM Curtis Melonopol y‚Äčtight stop

7:52 AM MarketMaven M‚Äč holy sh@t lol ok then

7:53 AM Flash G ‚Äčhaha with ya

7:53 AM Flash G ‚Äčgood RR

7:53 AM MarketMaven M ‚Äčwaiting

7:54 AM MarketMaven M ‚ÄčI’d like to see VWAP at least

7:55 AM Curtis Melonopoly ‚Äčadd 21.85 1000

7:56 AM Mathew w‚ÄčToday is the first day you can short $SNAP right?

7:57 AM MarketMaven M ‚Äčnot sure

7:57 AM MarketMaven M‚Äč VWAP

7:57 AM MarketMaven M ‚ÄčI’m in long

7:57 AM MarketMaven M ‚Äč22.01

7:59 AM Curtis Melonopoly‚Äč closed 2000 shares 22.03

7:59 AM Flash G ‚Äčyup out

7:59 AM MarketMaven M‚Äč me too flat

7:59 AM Curtis Melonopoly ‚Äčnice win

7:59 AM Flash G‚Äč small win on my end

8:00 AM Curtis Melonopoly ‚Äčgoing to wait for Stock RSI to back off or break right out now on $SNAP… OA turning up so well see.

8:01 AM MarketMaven M‚Äč you sold on that Stoch RSI peaking curt?

8:01 AM Curtis Melonopoly‚Äč ya and set stop

8:01 AM Curtis Melonopoly ‚Äčbut yes

8:03 AM MarketMaven M‚Äč $NAKD HOD

8:08 AM Curtis Melonopoly ‚Äčthat was a tough open.

8:09 AM Curtis Melonopoly ‚ÄčLeader board $NMBL $MYSZ $MLNK $XTNT

8:11 AM wintonresearch ‚Äčbtw a slowly evolving chart to watch is $CANN

8:11 AM Flash G‚Äč thanks !

8:11 AM wintonresearch‚Äč Sessions backed off the MJs and I am looking for them to start to gather steam again

8:11 AM Curtis Melonopoly ‚Äčhey Nicholas

8:11 AM wintonresearch ‚Äč$MJTK is another

8:12 AM wintonresearch‚Äč hey Curtis

8:12 AM Curtis Melonopoly ‚ÄčI’ll be away from desk here for 20 min right away fyi

8:12 AM MarketMaven M‚Äč Wow that wasn’t as smooth as yesterday but survived lol Curt you got a good hit there!

8:13 AM wintonresearch‚Äč some MJs are providing some low risk entries $GRNH is another close to 200 dma like $CANN

8:13 AM MarketMaven M‚Äč Adding to my $USRM swing here

8:14 AM MarketMaven M‚Äč ya I been watching last 2 days Nich

8:14 AM MarketMaven M ‚ÄčI agree

8:16 AM Curtis Melonopoly‚Äč long again $SNAP

8:16 AM Curtis Melonopoly ‚Äč22.19 2000

8:18 AM Curtis Melonopoly‚Äč closed $SNAP 22.39

8:19 AM Curtis Melonopoly ‚Äčsmall win

8:19 AM Flash G ‚Äčtight trade

8:20 AM Flash G ‚Äčthat Stochastic RSI works well on $SNAP I can see

8:20 AM Curtis Melonopoly‚Äč ya allows for tight quarters

8:21 AM MarketMaven M‚Äč I can ‘t trade that tight Curt – too stressful

8:21 AM MarketMaven M ‚Äčlolololol

8:22 AM Curtis Melonopoly‚Äč Hold has to hold that 50 MA

8:22 AM wintonresearch ‚Äčpass the tums

8:22 AM MarketMaven M ‚Äčhaha

8:23 AM Flash G‚Äč stoch rsi seems reasonable on the Gold chart too

8:24 AM wintonresearch ‚Äčminers looking more interesting- prob tradeable bottom in by day’s end

8:24 AM Curtis Melonopoly‚Äč ya combined with OA below stochastic it makes for decent indicator panel

8:24 AM wintonresearch‚Äč $ASM has shown good rel strength so one i’m watching

8:24 AM MarketMaven M‚Äč decision time it seems for both today or tomrw

8:24 AM MarketMaven M ‚ÄčGold and Miner’s I mean

8:25 AM wintonresearch ‚Äči agree

8:25 AM MarketMaven M‚Äč $AUPH nHOD

8:29 AM Curtis Melonopoly‚Äč back in 10

8:29 AM MarketMaven M ‚Äčkk

8:30 AM wintonresearch ‚Äčbtw shippers are starting a strong seasonal period from March and it runs thru July

8:30 AM wintonresearch‚Äč keep eyes on some of those $ESEA is one I like

8:31 AM wintonresearch ‚Äčit’s small and it’s European- a market that’s undervalued

8:37 AM MarketMaven M‚Äč Curt’s in $ESEA swing

8:37 AM Flash G ‚Äčya its n his lst

8:38 AM Flash G ‚ÄčMat might be too can’t remember

8:39 AM MarketMaven M‚Äč Curt wasn’t going to let 2 days go with us outsniping him at open lololol he got us today flash

8:39 AM Flash G ‚Äčha

8:40 AM Curtis Melonopoly‚Äč watching lol

8:40 AM Curtis Melonopoly‚Äčback ¬†?

8:40 AM MarketMaven M ‚Äč?

8:41 AM Curtis Melonopoly ‚ÄčI got lucky those were tight

8:41 AM Mathew w ‚ÄčIm not in $ESEA currently but am eyeing some of thos eshippers

8:42 AM wintonresearch ‚Äč$SINO is a chinese shipper

8:42 AM wintonresearch‚Äč some of them go up like crazy

8:43 AM wintonresearch ‚Äčthey have come way back since their highs and great seasonal trend is in place

8:45 AM MarketMaven M ‚Äč$SINO on watch on my list

8:45 AM MarketMaven M ‚Äčin some $BABA here for a swing with defined stop 3% under yest highs

8:47 AM wintonresearch‚Äč one MJ on the move $UBQU

8:47 AM MarketMaven M ‚Äčliquidity sensitive day it seems

8:48 AM Flash G ‚ÄčLong $XIV for daytrade

8:49 AM Flash G ‚Äčstopped before started

8:50 AM Flash G ‚Äčsisn’t actually hit enter thought i did watching now

8:51 AM Flash G ‚Äčokay now I’m in $XIV 68.04

8:53 AM MarketMaven M ‚Äč$PIRS 52 wk high

8:54 AM Mathew w‚Äč $PIRS beasting continues, I’m trailing out. Break back in a few

8:54 AM Curtis Melonopoly ‚Äčk

8:56 AM MarketMaven M‚Äč $AHPI on watch

8:58 AM MarketMaven M Trailing out of $MOSY – good run

8:58 AM Flash G‚Äč nice work MM

9:00 AM wintonresearch‚Äč wow NAK almost back to 200dma

9:00 AM MarketMaven M‚Äč all out $MOSY 2.81 from 2.18 swing

9:00 AM wintonresearch‚Äč if so, i get it’s going to bounce hard (NAK)

9:00 AM Flash G‚Äč congrats

9:01 AM Flash G‚Äč ya $NAK like it

9:01 AM wintonresearch ‚Äčnakity nak don’t talk back

9:01 AM wintonresearch ‚Äč?

9:01 AM Curtis Melonopoly‚Äč congrats MM great trade

9:02 AM Curtis Melonopoly ‚Äčlol

9:03 AM wintonresearch ‚ÄčCurtis – fwiw – my signals indicate that if NAK remains down or flat the next 40 mins or so, we should see it turn up and rally hard

9:03 AM wintonresearch ‚Äčthru midday

9:03 AM wintonresearch ‚Äčso let’s see

9:03 AM Curtis Melonopoly ‚Äčkk

9:04 AM wintonresearch ‚Äčmay hold true of miners as well

9:06 AM Curtis Melonopoly‚Äč 200 day interesting

9:07 AM Flash G ‚Äčwow good timing on $MOSY exit MM pro

9:07 AM MarketMaven M‚Äč Testing some $AHPI here small

9:08 AM MarketMaven M ‚Äč2.04

9:13 AM MarketMaven M ‚Äč$AHPI 2.12 so I got some room on entry

9:15 AM Flash G‚Äč Curt, oil trade n EPC the Algo primary target range for today. Nice once again. I think I will move out of long here.

9:15 AM Curtis Melonopoly ‚Äčya I see that… EPIC is EPIC lol

9:19 AM Flash G ‚Äč$AHPI HOD thin

9:21 AM Curtis Melonopoly ‚Äčwhat do you guys think of the YouTube Live?

9:21 AM Flash G ‚ÄčI actually really like iit – mobile is smoooth

9:21 AM MarketMaven M ‚Äčya me too – it’s better than webinato by far

9:22 AM MarketMaven M ‚Äčit seems I have a 4 second or so delay though

9:22 AM MarketMaven M ‚Äčon the chart

9:22 AM MarketMaven M ‚Äčnot audio

9:22 AM Flash G ‚Äčyup me too but thats nothiing if have mobile

9:23 AM Curtis Melonopoly ‚Äčinteresting

9:23 AM Curtis Melonopoly ‚Äč200 day on $NAK on deck

9:31 AM Curtis Melonopoly ‚Äč$XIV came off hard Flash

9:32 AM Flash G‚Äč ya stopped as soon as it lost lower low

9:37 AM MarketMaven M ‚Äčlunch break its quiet

10:04 AM Mathew w ‚Äč$JONE a bit more to average down here. Not great action but nice support around 3

10:23 AM wintonresearch ‚Äč$ASM has been holding well- outperforming GDX and SIL the last few weeks

10:27 AM wintonresearch ‚Äčcopper fake out? $TGB with a nice hammer

10:27 AM wintonresearch ‚Äči am looking for the market to run thru April and the only way that happens is if copper perks up and turns upwards shortly

11:22 AM wintonresearch ‚ÄčU stocks are showing strength $UEC MGA.TO MGAFF NXE.TO

11:22 AM wintonresearch ‚Äč$CCJ

11:48 AM MarketMaven M‚Äč back long lunch:)

11:48 AM Flash G‚Äč ill say

11:51 AM Flash G ‚Äčll very quiet day anyway

11:54 AM wintonresearch‚Äč zzzz

12:00 PM Mathew w‚Äč Yea pretty quiet market wide today. Some good momo plays happening earlier, but not much currently at least where I’m looking

12:06 PM Curtis Melonopoly‚Äč $BLPH jiggy

12:10 PM wintonresearch ‚Äči sat on ICLD for like three days lol

12:10 PM MarketMaven M ‚Äčlol

12:12 PM wintonresearch ‚Äči got so busy and forgot it

12:12 PM wintonresearch ‚Äčstill has good chart

12:13 PM MarketMaven M‚Äč ya

12:25 PM MarketMaven M‚Äč $GEVO lift

12:29 PM MarketMaven M‚Äč $SSH pop

12:31 PM Curtis Melonopoly ‚Äčomg slow lol

12:36 PM MarketMaven M ‚Äč$COLL double triple toppy maybe b/o coming?

12:36 PM MarketMaven M ‚Äč$XTNT not a bad play but not chasing

12:37 PM Flash G ‚Äč$IBIO macro micro poppin

12:37 PM Flash G‚Äč not macro just micro

12:38 PM Flash G‚Äč 20

12:38 PM Flash G ‚Äč20%

12:41 PM Curtis Melonopoly ‚Äč$HEAR 45%

12:44 PM Curtis Melonopoly‚Äč earnings tomorrow after bell

12:45 PM Curtis Melonopoly‚Äč $MBRX decent day too

12:46 PM Flash G ‚Äčwatching $DRYS long lol yepp

12:48 PM Curtis Melonopoly‚Äč interesting intra chart on $DRYS but dangerous

12:48 PM Flash G‚Äč yepp

12:53 PM Curtis Melonopoly ‚Äčlong $XIV 68.53 tight stop 500

12:55 PM MarketMaven M ‚Äč$RAD blocks

1:03 PM MarketMaven M ‚Äč$MOSY poppin

1:03 PM MarketMaven M ‚Äč$RTN hod

1:05 PM Curtis Melonopoly ‚Äčstop set at flat $XIV

1:07 PM MarketMaven M ‚Äč$MMEX OTC 2700% of rifinery build news

1:09 PM MarketMaven M ‚Äč$ DRYS trying to get off bottom

1:14 PM Curtis Melonopoly ‚ÄčGold going to test soon here

1:16 PM wintonresearch ‚Äč$UBQU strong volume, macd on buy

1:19 PM MarketMaven M ‚Äč$MMEX 3100% OTC

1:20 PM Flash G ‚Äč$KBSF may go here

1:24 PM Mathew w‚Äč KBSF nice chart, nice wedge forming

1:24 PM Mathew w ‚ÄčMiners in trouble IMO. I’m down some some junoir core holdings, but things look horrible there.

1:31 PM Curtis Melonopoly ‚Äč$XIV stopped flat obviously lol

1:33 PM MarketMaven M‚Äč curt u and those FN algos sometiems lol

1:33 PM MarketMaven M ‚Äčhahahahaha

1:34 PM MarketMaven M ‚Äčlololol you taunted everyone with that vote!!!! on Gold that is

1:35 PM Curtis Melonopoly‚Äč noooooooo neva

1:35 PM MarketMaven M ‚Äčlol

1:36 PM MarketMaven M‚Äč people must love hate you lololol i know i do sometimes hahaha

1:36 PM Flash G‚Äč easy girl… MM were you long miners?

1:36 PM MarketMaven M‚Äč ya f

1:37 PM Flash G ‚Äčhahahahaha sorry but thats kind of funny

1:38 PM Flash G ‚Äčit might bounce here MM

1:38 PM Flash G ‚Äči may go long soon fyi

1:38 PM Curtis Melonopoly‚Äč actually might not be a bad idea we’ll see soon

1:42 PM Curtis Melonopoly ‚Äč$PRKR court win?

1:43 PM MarketMaven M ‚Äč$PRKR long 2.28 start

1:43 PM MarketMaven M ‚ÄčI have to admit Curt… I haven’t been able to prove your algos wrong yet. Kudos.

1:44 PM MarketMaven M‚Äč $PRKR might get launch!

1:44 PM Curtis Melonopoly‚Äč nice one

1:46 PM Flash G ‚Äčf I should have gone with ya MM

1:50 PM Curtis Melonopoly‚Äč great trade mm wow

1:55 PM MarketMaven M ‚Äčthanks!

1:55 PM MarketMaven M ‚ÄčI’m all out 2.58 for a little scalper

1:59 PM MarketMaven M ‚Äčgood night guys

1:59 PM Flash G‚Äč bye MM ?

2:00 PM Curtis Melonopoly ‚Äčpeace all

2:00 PM Curtis Melonopoly ‚Äčgreat play mm ?

Be safe out there!

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Article Topics: $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F, $HEAR, $AUPH, $MOSY Р$BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM Р$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 Tuesday Dec 13 Р$OPGN, $BOSC, $AKAO $MDGS $NVCN $APRI $IDXG $UGAZ $UWT, $SPY, $VIX, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $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, Algos, Trades and Alerts:

$SPY: The S&P 500 Algorithm is starting to fire on all cylinders too (which is good – its 5th in development process so its newer than others).

From my post market report yesterday,

Well, we have Fed talk Wednesday so yes the market may oompff a bit – but I expect it to run again until near Christmas or even closer to Preident Elect Donald Trump’s power transition.

I followed up with a warning in the member’s premarket with specific area of challenge in $SPY chart

227.80 looks fun. Caution overhead guys and gals. S & P 500 $SPY $ES_F ($SPXL, $SPXS)

Put out a public tweet premarket about the specific area to watch with $SPY,

Price action on $SPY struggled with that area all day and remains a challenge in overnight:

Alert to Member Premarket Newsletter here that grey box above 227.80 daliy resistance challenge. S & P 500 $SPY $ES_F ($SPXL, $SPXS)

$SPY, Chart, Member, Alert

From Yesterday Post Market Report:

Still watching $VIX close – there was a small play there today I called to the second but didn’t execute. And Gold and Silver I’m still waiting on a long confirmation from our algos – they called this price target from months ago that we are in now so I’ll trust their math on my long entries. The $USD/JPY chart (and our $DXY algo) still says not broken – at resistance, but not broken so I’m waiting on $GC_F $GLD Gold. And crude oil, our algo was firing off an intra short early in market open but I didn’t take that and waited for long position at support which didn’t hit until market end so I’m watching over night – may get a buy trigger there Tuesday. I will be watching fervently $AKAO and sympathy plays tomorrow ($APRI, $OPGN) and any other momentum stocks.

Pretty much all of that played out… I alerted in our member premarket newsletter that $VIX would rise intra-day Tuesday and it did elevate while $SPY did – I actually alerted members to watch for that exact thing to happen. So our $VIX algorithm (last in line of the six) is firing on every cylinder now too!

Our Gold and Silver algorithms have said wait on a buy because of the 90% chance of Gold going to lower quadrant (you’d have to see our Gold algo Twitter to get the whole story – but the calls have been in place for months while many were bullish on Gold prior to election in Summer and Fall 2016)… anyway so Gold did deflate more as called – so yes, Gold and Silver algos hitting perfect too. These are exact price calls BTW. And the $DXY algo has been nailing it.

So that leaves our inaugural algo EPIC! Epic the Oil Algo calls price and time for every Tuesday at 4:30, Wednesday at 10:30 and Friday at 1:00 (and much more than those calls) the week prior in his newsletter oil reports the week prior so that traders can plan their trades etc. Anyway… the Tuesday at 4:30 price and time target zone was hit yet once again! He’s firing at 93.3% call win rate (all published in advance like all over our algos).

Here’s the target zone hit for EPIC – not a perfect hit like many as it was off by a few cents – but it did hit the target zone and was of course a very tread-able alert from the week prior to members considering his calls are for an exact time and an exact price for the next week. And the oher target hits he nailed this week are on the chart below also. He’s on fire to say the least.

EPIC, OIL, ALGO, $USOIL, $CL_F, $USO

Tues 430 PM Algo Target Predict from last week HIT! Not perfect but in target zone. Crude algo intra work sheet 1257 AM Dec 14 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Here’s the live chart on Trading View.¬†https://www.tradingview.com/chart/USOIL/BSJVKGTD-Tues-430PM-Target-Hit-Predict-from-last-wk-Crude-algo-intra/

Tues 430PM Target Hit! Predict from last wk! Crude algo intra by curtmelonopoly on TradingView.com

Traded $OPGN for a gain on 3 scalps (one I didn’t post in room – it can be busy at my command desk when you’re in and out trades so I call them out on audio alert broadcast too) and then gave it all back and then some on a stupid trade decision.

Also traded $BOSC for a gain late day – the scanners we I have are getting dialed in real precise – I was in that play real early and got out on the pop and then I think it faded before close.

Mathew has BEEN NAILING his trades and his alerts in the room have been awesome. He’ll be in the broadcasting daily here soon with me alerting his trades too and posting results and a pre market watch list on blog soon also.

Primary Lessons That May Help You With Your Trades:

Really messed up an $OPGN trade – held in a back wash because I thought I’d just hit it 2 or 3x on a bounce – but the bounce didn’t come. This is risky and unless you are using a larger account and you can have these go bad 50 % of the time I WOULD NOT RECOMMEND DOING IT.

My $BOSC trade was entirely enabled from having really tuned in scanners that I can alert the room with.

Again, Mathew would have a book full of lessons with his trades lately (lots for folks to learn there) so it will be nice to have him on audio broadcasting in the room and I look forward to his watchlists and blog posts.

Looking Forward:

It’s Fed day – WE HAVE A TONNE OF PLAYS READY ON THE OTHER SIDE OF THE FED MOVE SO I AM PUMPED. The algos have set us up perfect for the inflection point. Pumped.

Announcements in Trading Room:

08:54 am Curtis M : Watching: $AKAO $NVCN $APRI $IDXG $DSLV $VIX $UGAZ $UWT

09:09 am Curtis M : $AKAO $NVCN $APRI $IDXG $DSLV $VIX $UGAZ $UWT

We have groups split in different rooms. – we are fault testing rooms. If you are moved you will see same chart and announcements. We are preparing for official launch Jan 1 for multiple lead traders and media programs that start then.

11:15 am Curtis M : Back at 1145 EST From Lunch for afternoon session

03:41 pm Curtis M : Have a great night peeps!!! I\’m over and out. I\’ll leave room open till 4PM.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

08:54 am manish kant : GM ALL
09:02 am David Z : morning manish!
09:03 am Curtis M : morning!
09:03 am manish kant : Good Morning David
09:03 am manish kant : Good Morning Curtis
09:14 am Curtis M : Active $XOP $AKAO $ARI $ETRM $IDXG $BAC $UCO $SPY $USO $NVCN
09:22 am John M : $AKAO and $NVCN my watches
09:22 am Curtis M : Oil holding up well we’ll see how it handles open
09:24 am Curtis M : At market open I will focus on momentum stocks and then move to OIL, SPY, GOLD, VIX, SILVER, NAT GAS
09:28 am Mathew Waterfall : Actually ended up getting our of my golden boy $APRI after close yesterday at 2.02. Back in this AM at 1.78 for another run with a close eye on it for a pullback
09:32 am Mathew Waterfall : Trimming some $WYNN here. Out of Dec30 100c’s at 1..21 from .7. This has more to run IMO but was heavy and want to take some profits
09:33 am Mathew Waterfall : Als out majority of my JBLU weekly 22’s at .85 from .35 entry yesterday
09:37 am Curtis M : $NVCN could be the big one today over 3.40
09:37 am Mathew Waterfall : Out half $LVS Dec30 60c’s at .66 from .53. I was looking for more here so keeping some but it hit my fib target so I am going to plan and trimming.
09:40 am David Z : I banked $OPGN a few times this morning watching for HOD break now
09:45 am Mathew Waterfall : I have a stop at 1.45 on $APRI while I go about other trades. Agrees that it doesn’t look very condtructive as of yet
09:46 am Curtis M : Long 2.49 3000 shares tight $OPGN
09:48 am Curtis M : Out $OPGN 2.69 3000
09:48 am Mathew Waterfall : Trailer on rest of $JBLU options for the rest of this run up. If anyone followed me into that I would say keep in tight as they are already ITM
09:49 am Curtis M : Long 2.80 $OPGN tight
09:50 am Curtis M : Out $OPGN 2.80 flat
09:56 am Curtis M : Long $OPGN 2.99 300
10:08 am Curtis M : Scaling $OPGN in 3000
10:08 am Mathew Waterfall : Out the rest of my $JBLU calls at 1.05 from .35. Could see more later in the week but I’ll take a 3 bagger any day
10:11 am Mathew Waterfall : Also keeping things a bit small and tight here into the trail end of this rally and the Fed.
10:21 am Curtis M : Out $OPGEN for loss –
10:23 am Curtis M : Out 2.16 fill
10:38 am Mathew Waterfall : Oxymoron if I have ever heard one right there lol
10:38 am Mathew Waterfall : But hey we all do it
10:39 am Curtis M : Disciplined Revenge Trader is my new handle lol
10:39 am Mathew Waterfall : lol
10:40 am Mathew Waterfall : Watching $CTXS for possible swing short. Name has continued to make incremental highs only to break down. I like it short here vs. 91 or so. Will watchand post if I enter
10:43 am Curtis M : So I’m going long oil at bottom near target if support holds because my other weekly targets are north of that price
10:43 am Curtis M : I am also going long $UGAZ sometime between now and Thur if it plays out right
10:44 am Mathew Waterfall : Short $CTXS 90.50 with 91 stop. Will add if it pick up speed to the downside here. This is a common stock swing play for me
10:44 am David Z : $UGAZ will run soon
10:45 am Curtis M : I am also looking for a long Gold play closer to 1133
10:45 am Curtis M : All 3 plays if they break its a 4 to 1 RR
10:47 am Mathew Waterfall : Rolled my $MGM Dec30 30c’s to 31’s for a .4 credit. Wanted to take some gains and get a higher strike as I was already ITM on those meaning they won’t have much of a delta and thus won’t accelerate as quickly as a higher strike should it keep moving north
10:56 am OilQ K : I’m in $TSLA its just sector rotation
10:56 am OilQ K : Looked at $MSFT but didn’t go
10:57 am Drew M : Curt Im surprised u didnt go tech you had it on watch
10:57 am Mathew Waterfall : Stop hit in $CTXS. Small loss will keep an eye on it for a future play. Market is way to strong to try to force a short
10:58 am Curtis M : At least it was small lol unlike someone else today – mind yo uit was a small position for my swing account
10:58 am Mathew Waterfall : In this game they can’t all be winners
10:59 am David Z : I never thought Curt lost serious watch him slice for a yr
11:00 am Curtis M : Scanning
11:00 am Curtis M : Oh I lose but not often do I let losses go
11:09 am Curtis M : Going to take an early lunch and then come back and be revenge trader
11:10 am Curtis M : Back at 1145 EST
11:10 am John M : good plan me 2
11:12 am OILK K : I like Gold here
11:27 am Curtis M : If I remember right last year this time the Fed raised $BAC tanked
11:31 am Sonny H : Long $INVE 1/3 here
11:31 am Sonny H : Looking at $IDN
11:33 am Curtis M : Theres that divergence in the $VIX I wrote about in the premarket newsletters last few days
11:33 am Curtis M : Back in 10
11:35 am Mathew Waterfall : Mostly babysitting and taking some gains today before the fed tomorrow. Market feels like it just wants to keep on keeping on here so it’s tough to try to take a contrarian view. Most size sweepers I am seeing are still bullish with some puts coming in materials AKS and X. NUGT also seeing some bearish flow looking for some more gold weakness
11:36 am Curtis M : Agree
11:42 am Jack D : I am taking profits on $MSFT I dont trust Fed talk
11:43 am Curtis M : Back
11:43 am Mathew Waterfall : $WYNN chewing through 94 would be great. I’m aiming for 61.8 fib at 96.35 if anyone is along for the ride and wants levels
11:48 am Curtis M : 98.20 would be PT on $WYNN
11:48 am Curtis M : Might take a while – u may need the 200 MA under it for that
11:49 am Mathew Waterfall : Agrred. I think it gets there, but I’m holding dec 23 100’s so I need it to move this week and get out.
11:50 am Mathew Waterfall : $MSFT also seeing more flow ehre out into the spring strikes.
11:52 am Curtis M : Possible
12:02 pm Curtis M : Casinos coming here I think
12:06 pm Curtis M : $WYNN looks good
12:06 pm Mathew Waterfall : Sold some $WYNN Dec23 102c’s against my 100’s that I have left. This is a good way to lock in some gains. Either they both keep going up, or if $WYNN pulls back i cover the short calls for a gain
12:07 pm Mathew Waterfall : Yes it does limit your gains to the upside should WYNN go to 102+ by expiration, but it also limits potential losses
12:08 pm Curtis M : Makes sense
12:08 pm Mathew Waterfall : I had my eye on this move earlier and was waiting on the 102’s to juice a bit before I sold them
12:14 pm Curtis M : $INVE looks like its working
12:16 pm Curtis M : History
12:17 pm Curtis M : $VIX is holding too
12:20 pm Curtis M : $TKAI on scanner for anyone interested
12:21 pm Mathew Waterfall : That stock has been on my watchlist ever sense I played it from the mid .80’s. It seems to run up into the 1.10-1.20 level then sell off every week or two
12:21 pm Mathew Waterfall : $TKAI that is
12:21 pm Mathew Waterfall : Watching $AQXP for a swing as well
12:27 pm Mathew Waterfall : $CLF Jan20 12c’s. This had a huge run, now pulling back a bit. X is seeing some nice in flows late in the day. $CLF could see a bit more downside to the 78.6 at 8.82 but this is a buy and forget play for me
12:27 pm Mathew Waterfall : Bought those $CLF Jan20 12c’s @.2
12:27 pm Mathew Waterfall : Starter and will add against 8.82 if it gets there
12:28 pm MarketMaven M : $X bottomed imo
12:32 pm Mathew Waterfall : We’ll see with $X. I threw an extension from the yearly low to previous yearly high at 27.64 and the 161.8 gets us to 40.92 which wouldn’t be out of the question by the end of the year. It has more than double though in the last 45 days so it’s come a long way
12:37 pm Curtis M : quiet scanners
12:39 pm Mathew Waterfall : I am most likely going to sit on my hands for the rst of the day. Most set ups I see feel like I’m forcing trades, and I tend to lose money when I do that
12:39 pm Curtis M : I need 1 revenge trade just 1
12:42 pm Curtis M : Oil on the move
12:43 pm Mathew Waterfall : Some of those small caps could squeezse if oil cooperates. $ORIG and $SDRL both pulling back. $ATW, $TDW, $EPE etc all strong
01:05 pm Curtis M : Crude pushing
01:16 pm Mathew Waterfall : Hate chasing but like the look of $AKS here. Got over the 10 day on the daily. In some Dec23 11c’s @.23. Starting small here like CLF will add more if it gets going. Short timeline so if it doesn’t accelerate these go south
01:20 pm Mathew Waterfall : Jesus $SPY! Can’t spot won’t stop
01:22 pm Curtis M : Implied volatllty hanging in there
01:23 pm Curtis M : I had a feeling that was going to happen here
01:24 pm Greg L : I profited off that call curt!!! u should have come
01:24 pm Mathew Waterfall : I think the $VIX goes up a bit or at least hangs around 13. There should be a lot of protection being bought into the end of the year and early 2017 which would keep that high
01:24 pm Curtis M : Good stuff Greg!
01:24 pm Mathew Waterfall : I don’t like playing the $VIX directly though more as a tool to tell me how to play other things
01:26 pm Curtis M : Pit close 1 hour
01:26 pm Curtis M : Rising wedge in crude
01:34 pm Curtis M : My scanners havent been this quiet in months
01:36 pm Carol B : Man you called that one clean Curtis $VIX and $SPY
01:44 pm Curtis M : $GALE on the move
01:48 pm Cara R : Going long som3 $XLV starter
01:48 pm Mathew Waterfall : $FRO popped up on my scanns. Cup/handle look on 20 day. Swing against LOD looks decent. Again it feels like I’m reaching here just looking for something to trade
01:49 pm Curtis M : One good kill for me pls
01:58 pm Curtis M : Long $BOSC starter scaling 3000
01:59 pm Curtis M : 2.164 avg
02:00 pm Curtis M : Scaling 3000 more
02:04 pm Curtis M : Sorry a little internet spike or something there
02:04 pm Curtis M : We might squeeze em here
02:07 pm Curtis M : I feel there pain I really do
02:13 pm Curtis M : Chipping out small profit
02:13 pm Curtis M : Likely renter
02:21 pm Mathew Waterfall : $AKAO is just crazy. Even after their offering news post market, this thing is still running. Went right by my 14 target and looks like it might se 16’s today
02:26 pm Curtis M : If CL sell off here we may get a good buy down at support
02:36 pm John M : Odd. $AKAO
02:39 pm Curtis M : Anybody that went long $AKAO on the 20 has won so far
02:43 pm Mathew Waterfall : $CRBP jiggy. Hit for a small starter against 7.75 or so. Plan to add more on retest if we see a pullback
02:44 pm Drew M : $AKAO may never stop.
02:51 pm Curtis M : This is resistance on $SPY 227.80 227.96 – it pops and it could be gone for a while.
02:57 pm Mathew Waterfall : Small add $CRBP at 8.07. Tight stop on this at 8.75. Risky play as these things will gap overnight so keeping it small for a swing
03:07 pm Curtis M : Leaderboard $USEG 69% $GLF 25% $AKAO 21% $INVE 16% $DTRM 14%
03:11 pm Greg L : Laughing my ass off from your post this morning about 227.80 area being interesting on Twitter and guess where weve stalled. Spooky.
03:11 pm Curtis M : lol
03:18 pm Mathew Waterfall : Well I guess it’s an early day today. Holding into the fed as tomorrow morning should also be fairly calm. Will hang out but unlikely to do much. Have a good night all
03:19 pm Curtis M : yup
03:20 pm Curtis M : Thanks for the calls Mathew!
03:20 pm OilQ K : Ya Mat!
03:20 pm Mathew Waterfall : Hope some people followed along on the casinos and $JBLU which killed it. If not, there will be more that’s for sure
03:21 pm Curtis M : I know for sure 3 did cause they DM’s me:)
03:21 pm Mathew Waterfall : Perfect. Love helping other people make $$$
03:21 pm Jack D : Thanks Mathew!
03:28 pm Cara R : Yes Thank you guys
03:48 pm Mathew Waterfall : $ADMP squeeze into the close.
03:50 pm Mathew Waterfall : Nice volume there as well. Somehow I’m holding a few shares here
03:51 pm John M : good action
03:51 pm Mathew Waterfall : I got lucky. Bought when it looked liek a breakout over $3 about amonth ago and never hit my stop. Small position but nice to finally get in the black lol. Better to be lucky than good sometimes
03:51 pm Curtis M : lol
04:00 pm Curtis M : Good night all.

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, $OPGN, $BOSC, $AKAO $MDGS $NVCN $APRI $IDXG $UGAZ $UWT, $SPY, $VIX, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NG_F


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Dec 12 – $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, 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.

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. We have groups in different rooms all seeing same screen – if you’re moved don’t sweat it – it won’t affect your experience.

 

Primary Lessons That May Help Your Trades:

I should have got on the $AKAO train earlier in the day – it was on my watchlist as the number one watch but I got too distracted with a ntra-day slump in the S&P. Getting on the train earlier likely would have netted me at least ten times because I would have scaled in 1000 shares on the first, 3000 then 5000 and scaled out of 9000 shares on the way up. So it was an ideal news play that I just didn’t focus on – part of the challenge in setting up our room service too – we had a technical site host issue RIGHT WHEN THE MARKET WAS ABOUT TO OPEN ugh.

Looking Forward:

Well, we have Fed talk Wednesday so yes the market may oompff a bit – but I expect it to run again until near Christmas or even closer to Preident Elect Donald Trump’s power transition. Still watching $VIX close – there was a small play there today I called to the second but didn’t execute. And Gold and Silver I’m still waiting on a long confirmation from our algos – they called this price target from months ago that we are in now so I’ll trust their math on my long entries. The $USD/JPY chart (and our $DXY algo) still says not broken – at resistance, but not broken so I’m waiting on $GC_F $GLD Gold. And crude oil, our algo was firing off an intra short early in market open but I didn’t take that and waited for long position at support which didn’t hit until market end so I’m watching over night – may get a buy trigger there Tuesday. I will be watching fervently $AKAO and sympathy plays tomorrow ($APRI, $OPGN) and any other momentum stocks.

Announcements in Trading Room:

08:52 am Curtis M : (1) Pre-Market Gainers Watch-List: $AKAO, $WTI, $VNR, $SGY, $REXX $MTL $CIE $ORIG $SDRL $ATW $DNR $PACD $AVXL $UWT $DGAZ $EPE $MEMP 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: $HMY (chart), $AKAO Announces Positive Results in Phase 3 cUTI and CRE Clinical Trials of Plazomicin, $DVAX upgrade to “buy” by Cowen and $45 PT, $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 $GLD $GC_F, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SL_V ($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: $ABB $AEG $MGIC $AIG $BCR $CXW $WEB $HBI $PES $LULU $BRO $TRV $AMD $AUY $TAHO $TCP $COO $COP $UBS $T $EGHT $RNG $NVR $REGN $HBI $HOLX $DGX $FSV $GRA $FMC $TSO I will update before market open of refer to chat room notices.

(6) Downgrades: $CF $ALGT $PHG $GFI $CDNS $CMC $OPHT $IRET $MCC $KRG $EOG $MOS $DEPO $TTC $PEI $FOXA $GFI $EZPW $FLS $SYNA $WBMD $UBSH $FINL $CVS $CMC $WOR $SGEN $CERC $FUL $TMO $HUN $CC I will update before market open or refer to chat room n

09:18 am Curtis M : Website is down. Host is reparing their issue. Premarket newsletter emailed to everyone.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:04 am Curtis M : Movers: $AKAO, $ORIG, $AKRX, $AREX, $CSOD, $MCEP, $IMMU, $CRZO, $REGN, $USLV
09:11 am Gurpreet Singh : Good morning all
09:11 am Curtis M : S&P -0.04%.10-yr -0.07%.Euro +0.51% vs. dollar.Crude +3.69% to $53.41.Gold -0.06% to $1,161.40.
09:21 am Curtis M : Sartaj emailing morning newsletter right now.
09:24 am Curtis M : Gappers- $AKAO $BCEI $SGY $WTI $ORIG $VNR $PACD $MTL $SDRL $LEI $TDW $NADL $CIE $NOG $AREX $CRC $AKRX $EPE $SDLP
09:24 am Curtis M : Watching oil for pull back as close to yellow line as possible
09:30 am Curtis M : watching gappers at open
09:33 am Curtis M : Wating for pull back in oil before I take a long in small cap oil
09:34 am Mathew Waterfall : Closing out $XOM calls. here. Waiting for $SDRL calls to juice and will clsoe a portion of those as well
09:35 am Mathew Waterfall : Out some of the Dec16 4.5c’s at .35 from .1
09:38 am Mathew Waterfall : Out $SN Jan17 10c’s at .85 from .3. clearing the board a bit here
09:40 am Curtis M : Nice
09:41 am Curtis M : Leaderboard $AKAO 56% BCEI 34% $VNR 27% $ORIG 24% $NADL 23%$ PACD 19%
09:48 am Mathew Waterfall : Ask side to unload more SDRL Dec23 4.5’s at .45 from .15. I won’t chase for a fill on these
09:52 am Curtis M : $USDJPY important area IMO – looking at a snipe in miner’s if it stays under 100 MA on 15 possibly
09:58 am Curtis M : This looks like the intra battle for $USDJPY
09:58 am Curtis M : Also watching $VIX close because it should get a pop soon – within a few days
09:59 am Curtis M : This $SPY buying is gong to rest for a while soon IMO – the books are almost filled with quotas
10:00 am Curtis M : Wed mornng at latest IMO it rests
10:02 am Mathew Waterfall : Crazy open here, giving most of my positions a chance to ven out a bit. Still holding the casinos and will do so through tomorrow unless we get a big pop there for some reason
10:02 am Mathew Waterfall : *even out. Sorry on backup keyboard this AM
10:03 am Curtis M : $AKAO may be a decent short here IMO
10:06 am Curtis M : A short in $AKAO at 9.10 perfect seup
10:06 am Curtis M : Lol theres some test
10:11 am Mathew Waterfall : In some TZA dec23c’s at .34 as a hedge and play for a pullback. Small position to trade agaist witl good r/r if things juice
10:16 am GSCT . : TVIX nice move
10:20 am Curtis M : Watching $NADL for a pop
10:24 am Curtis M : Gold bugs are buying quick on $USDJPY weakness
10:26 am Mathew Waterfall : Twtr weekly puts look actractive here as wel. Watching those
10:27 am Mathew Waterfall : In some 18p’s at .06 for a lotto. Hero or zero play
10:51 am Curtis M : Retail should get a good pop here soon IMO – may take a few days… like Thur ish but between now and then per watchlist
10:51 am GSCT . : $AKAO new HOD
10:57 am Curtis M : $AKAO Could go a long ways
11:03 am GSCT . : No audio commentary today?
11:11 am Curtis M : Looking at possible Long in $DUST if $USD/JPY gets on the move and $NADL
11:18 am manish kant : greetings all
11:24 am Curtis M : Scaling in 1000 shares $DUST
11:26 am Curtis M : Welcome Manish
11:26 am manish kant : Thanks Curtis
11:27 am Curtis M : Looks like my fills will avg 53.45 on $DUST
11:30 am Curtis M : $GLF up 37% now
11:31 am Sammy T : $ORIG 20% also
11:33 am Curtis M : Leader board $AKAO $GLF $EVEP $ORIG $MTL
11:33 am manish kant : orig
11:40 am Dani M : Oil starting to look better
11:42 am Curtis M : Still defending $NADL 200 MA
11:49 am Curtis M : Long $UCO 1000 11.763 avg scale to 5000 with ex[ectation there may be one more leg down
11:50 am Mathew Waterfall : $DUST not looking so hot for the heads up
11:53 am Curtis M : Ya $DUST will be a swing past Fed
11:53 am Curtis M : My swings I look at 1000 3000 5000 share entries for example – scale on swings at supports / resistance
11:54 am Curtis M : Kiinda like $UCO right now I expect a leg down
11:54 am Curtis M : $DUST $SPY $OIL not done yet… they all gotta meet Santa lol
11:55 am Mathew Waterfall : Let’s hope so. I have some $DUST calls that need a bit of help here
11:58 am Curtis M : Oh ya $DUST has at least one more round – may be a few days tho
11:59 am Curtis M : I’m prepared for 3 – 4 weeks on that position $DUST
12:05 pm Shawn B : I like $SPY long here too soon – waiting and watching
12:09 pm Larry B : Bulls come soon – rally is on until Obama gone bye bye
12:10 pm Larry B : $VIX good call Curt
12:11 pm Curtis M : Back in 30 looks calm
12:14 pm Michael P : oil calls fresh too ha ha
12:14 pm Michael P : Mathew you in long Wallmart? Did Curt??
12:15 pm Curtis M : No I didn’t I’m in oil long and dust Michael – $Dust I might have some pain
12:15 pm Curtis M : ok bye back soon
12:16 pm Mathew Waterfall : Nope, no $WMT for me
12:19 pm Mathew Waterfall : That $WMT chart looks like it’s rangebound between fibs and could see some checkback to a quick trendline that I drew in from the yealry lows. If it can clear and firm above 71.65 then high of year would be in play
12:21 pm Mathew Waterfall : Quick 30 second chart of $WMT http://tos.mx/ziGL6s

There was a technical data glitch at this point in the log (data centre truncated log) so here forward for rest of day it is only Curtis’ comments (which is unfortunate because the afternoon session was very active):

12:32 Crude going according to plan

12:41 I like the $WMT play but yes not much upside – slow move to profit

12:46 Fed Wed 2:00 PM FYI

12:54 Looks like a market pauce is possible until after Fed Speak

12:54 $USD/JPY

1:10 Selling my $UCO here for small gain – going to see what this afternoon brings – out 11.83

1:10 Hold $DUST though until at least next Tuesday 8 days min (unless I can get out earlier)

1:12 Thinking with oil we may test that lower support (yellow arrow) market is ooomfedish

1:15 I am in $STUDY until scanners hit

1:22 I may hit $AKAO on every wash-out here – this is carzy price action

1:27 $AKAO 1000 starter at 10.47 per share – tight

1:32 Out $AKAO 10.94 per share

1:34 Watching $AKAO 10.75 pull-back area

1:35 Likely 10.50 pull-back more likely

1:38 Long 1000 shares $AKAO 10.76

1:39 Out 11.025 per share $AKIO

1:43 Long $AKAO 11.46 1000 shares

1:46 Out $AKAO 11.62 1000 shares

2:11 $OPGN and $APRI could get action off $AKAO

2:13 All three are likely good candidates for morning momentum stocks tomorrow also.

2:30 Long $AKAO 12.76 1000 shares

2:52 Out 12.92 sold 1000 shares $AKAO

3:23 Out $DUST shares chipped out in three pieces aberage 53.70

3:31 $AKAO chart still not broke – holding resistance area still.

3:34 Here we go again.

3:49 $APRI should run momo tomorrow morning.

 

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $ES_F, $SLV, $SILVER, $GOLD, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NATGAS, $NG_F, $USD/JPY, $SPY, $VIX


Review of my Chat Room Stock Day Trades, Algo Calls and Alerts for Friday Dec 9 $IDXG, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, 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.

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

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

I had a decent scalping day. Caught morning momentum stock $IDXG, caught $SDRL (an oil driller) but should have held because not only did it run late day (like I thought it would but it ran later than I thought it would) and also the oil deal on weekend I am sure will cause more spike here, and $XIV I caught for a standard play.

Primary Lessons That May Help Your Trades:

Once again trading your plan – $SDRL early sell wasn’t the right call. Profit, but not the right call.

Looking Forward:

Monday will definately be about oil and small cap oil equities FX: $USOIL $WTI | $USO $UCO $SCO $UWT $DWT.

Looking toward the trend reversal on Gold $GC_F $GLD and Silver $SL_F $SLV . I really want to get on the right side of that move – not only in Gold and Miner’s ($GDX), but with the Gold company stocks too (small, mid and large) – will be a huge swing and even trend reversal IMO.

Watching for indications in $SPY and $USD/SPY for inflecton ($DXY). Watching $VIX for tell tale signs of potential dips in $SPY.

Announcements in Trading Room:

08:49 am Curtis M : Good morning traders! Lots going on be sure to read premarket newsletter!

We have groups in different rooms all seeing same screen – if you\’re moved don\’t sweat it.

08:50 am Curtis M : Gainers: $IDXG 36%25, $SSH 22%25, $SWC 19%25, $FGP 9%25, $FNSR 8%25, $MPEL 6%25, $AVGO $WYNN $NVCN $DYN $LVS $NAK $OCLR $DNN $CCJ $BIIB

Good morning traders! Lots going on be sure to read premarket newsletter!

We have groups in different rooms all seeing same screen – if you\’re moved don\’t sweat it.

12:01 pm Curtis M : On lunch until 12:30 EST

Gainers: $IDXG 36%25, $SSH 22%25, $SWC 19%25, $FGP 9%25, $FNSR 8%25, $MPEL 6%25, $AVGO $WYNN $NVCN $DYN $LVS $NAK $OCLR $DNN $CCJ $BIIB

Good morning traders! Lots going on be sure to read premarket newsletter!

We have groups in different rooms all seeing same screen – if you\’re moved don\’t sweat it.

 

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:04 am Gunnar Thomsen : Spot on…
09:17 am OILQ K : I’m better
09:18 am OILK K : lol u wish
09:27 am Curtis M : Gainers: IDXG +45%. SWC +19%. SGYP +15%. NAK +11%. NVCN +9%. FGP +8%. ORIG +8%. FNSR +8%. MPEL +7%. AVGO +6%. WYNN +6%. LVS +6%. BIIB +5%.Losers: SCON -28%. MVIS -25%. CLSD -22%. RH -17%. SBGL -15%. USAC -8%. AIRG -6%.
09:33 am Curtis M : Long 2000 1.75 $IDXG
09:34 am Curtis M : Out 1.84
09:36 am Curtis M : Crude on high watch fro break of upside resistance
09:39 am Pam E : $SSH momo
09:40 am Curtis M : .
09:45 am Curtis M : $SDRL
09:50 am Curtis M : $IDXG 86% $SWc 17% $FCP 13% $SGYP 8.8%
09:50 am Mathew Waterfall : Got stopped out of $SWC common position yesterday. Hate that
09:50 am Mathew Waterfall : But had MGM calls and some $SDLP to make me feel better
09:51 am Curtis M : $SGYP red
09:52 am Mathew Waterfall : Wow had an order for $SGYP ready this am. It broke out of the wedge I had marked. Damn it lost its footing quickly
09:56 am Mathew Waterfall : I like your picks. Long $ORIG from 1.9
09:57 am Mathew Waterfall : Currently have a trailer on it but it has been on a rampage this AM
10:00 am Curtis M : ugh
10:01 am Curtis M : $MGM nice Mathew — casinos fun 24 hours
10:01 am Mathew Waterfall : Yea got lucky and had my prior $MGM calls sold on the way down, picked up more cheap at the bottom and just sold some for a quick double to hold the rest for free
10:10 am Curtis M : $SDRL $NADL $ATW $ORIG $PACD all on gh watch with me if crude oil braks upside trendline and resistance – would be huge.
10:12 am Mathew Waterfall : $SDLP smoke show. nice
10:24 am Mathew Waterfall : Cheap $SDRL calls for next week. hit 4.5’s for .10. Great r/r if oil gets moving. SDRL sees 4+ on monday and thse are easy 3 baggers
10:26 am Curtis M : might be a good play Mathew… just might be
10:27 am Mathew Waterfall : Super low risk which is why I love calls in this type of play. $SDRL gets killes you don’t lose much, it pops you win big
10:55 am Mathew Waterfall : Rolling some $RIG calls out here. Dec14.5’s to Jan6 16’s for .35 credit. Taking gains and will take advantage of a move up with a higher delta
11:06 am Curtis M : Gonna look at $DGAZ when $NATGAS around 3.73
11:18 am Mathew Waterfall : You in my watchlist this morning? lol I;m in this as well
11:20 am Curtis M : $DNAI
11:39 am Curtis M : Long 45.956 2000 $XIV starter in swing acct
11:50 am Curtis M : $INVN
11:56 am cam u : OIl meetings likely big play with drillers
11:57 am OILQ K : I like the drillers play too – oil meetings likely positive news with Russia
12:05 pm gary y : thanks
12:05 pm Curtis M : ok back in 12 mins lol
12:17 pm Curtis M : Back from lunch – looks like EPIC’s taget call is in play lol – love EPIC
12:33 pm Curtis M : Running scans for afternoon
12:35 pm Curtis M : 2000 Sold $XIV 46.2658 avg win
12:38 pm Mathew Waterfall : Stalking some WYNN calls here. Likely end of month 94/5s
12:38 pm Mathew Waterfall : $WYNN
12:45 pm Mathew Waterfall : $LVS Dec30 60c’s@.53. Won’t have a ton of patience with this but will let it play until mid next week at least unless I ge a large move in either direction
12:46 pm Mathew Waterfall : Also looking at adding back $MGM calls to replace what I got out of this AM
12:47 pm Clarissa Nell : Here it comes
12:50 pm Mathew Waterfall : In $MGM Dec30 30c’s @.63. Same play/leash as LVS calls above
12:51 pm Curtis M : $WYNN good call IMO
12:51 pm Curtis M : Got a plan for a play on rig count at 1 pm and put close going in to weekend oil meetings #OOTT $USOIL $WTIC $USO $UCO #Drillers
12:54 pm Mathew Waterfall : In some $WYNN Dec23 100c’s as well. Smaller delta but an early week move up should juice these
12:54 pm Mathew Waterfall : Thanks. Have played this well this week. Weakness on Macau report way over done IMO
01:11 pm Curtis M : 5000 $SDRL long 3.78 ish scaling
02:15 pm Mathew Waterfall : Convenient to have a dog to blame that on haha
02:32 pm Curtis M : Long $XIV 200 46.418 2000
02:33 pm Curtis M : Long $XIV 2000 46.418
02:33 pm Curtis M : Tight stop
02:34 pm Curtis M : $SDRL had a 2.5 cent gain only bahahah played it bad
02:34 pm Curtis M : Out XIV should have opped IMO flat
02:35 pm Mathew Waterfall : Lot of people buying protection up here
02:35 pm Mathew Waterfall : Makes sense, it’s cheap and we are at ATH’s
02:37 pm Curtis M : Taking 10 mins do some scanning and then may call it a day unless theres something at play
02:48 pm Curtis M : So were finally going to publish the remaining algos next week FOR SURE cause theres media coming up before 30 th so look for those posts on the blog.
02:49 pm Curtis M : Im going to hang out till close looking for any end of week plays but likely none. But I’ll be in room till 4
03:05 pm Mathew Waterfall : Think I’m done for the day. HAGW all
03:06 pm Curtis M : cya mathew
03:07 pm market maven : cathya later guys
03:16 pm Curtis M : The rip $SPY
03:29 pm OILQ K : What a great week guys thanks – I’m out.
03:31 pm Curtis M : Tried to warn the Gold bugs
03:59 pm Curtis M : Have a great weekend!

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $SDRL, $IDXG, $XIV, $ES_F, $SLV, $SILVER, $GOLD, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NATGAS, $NG_F, $USD/JPY, $SPY, $VIX