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 –  $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 – all moderately small to micro sizing)  – $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 ​Pandora shares are down nearly 4%

6:52 AM MarketMaven M ​$IBB bye bye

6:55 AM Flash G ​Oil Strong could b/o today

6:57 AM Flash G ​Momos look weak

7:00 AM Flash G ​Might be time for a $SNAP washout snap back

7:02 AM Flash G​ $ETRM possible too

7:09 AM Curtis Melonopoly ​Watchlist: $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F

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

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

7:10 AM MarketMaven M ​Kinda agree on oil in general – looks strong

7:14 AM Curtis Melonopoly ​in $WFT 2000 shares starter

7:14 AM Flash G​ Long $WFT

7:14 AM MarketMaven M​ lol

7:14 AM MarketMaven M ​ok fine I’m in

7:15 AM Curtis Melonopoly ​6.985

7:16 AM Mathew w ​In the pool with you guys, why not

7:17 AM MarketMaven M ​yahoo

7:18 AM Curtis Melonopoly ​if 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​ watching natty here too

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

7:23 AM MarketMaven M ​here we go boyz $WFT!

7:24 AM MarketMaven M ​Curt you on mic this morning?

7:25 AM Curtis Melonopoly ​no… busy office. .. I’ll start mic work again tomorrow. .. we’re editing bids etc

7:25 AM Curtis Melonopoly ​I’ll post all trades on here tho

7:28 AM Curtis Melonopoly ​here we go

7:29 AM MarketMaven M ​lets do this again lol killed it yest

7:29 AM MarketMaven M ​$MEET off

7:30 AM MarketMaven M​ $NTN on the move

7:31 AM Flash G​. $ETRM looks int

7:31 AM MarketMaven M ​stopped on $WFT

7:32 AM Flash G ​me too

7:33 AM Curtis Melonopoly​ add 5000 $WFT

7:33 AM MarketMaven M​ $SNAP VWAP

7:33 AM Curtis Melonopoly ​cost avg $WFT 6.94

7:34 AM Curtis Melonopoly ​add 9000 $WFT

7:34 AM MarketMaven M​ wow nice curt

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

7:35 AM Mathew w ​Alerts paid off biggly on that one

7:36 AM MarketMaven M ​lol

7:39 AM Flash G ​$CHK starrter

7:40 AM Curtis Melonopoly​ Trailing out 16000 $WFT

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

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

7:40 AM Flash G​ $MYOS jig

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

7:44 AM Flash G ​tough open

7:45 AM Flash G​ $SPY LOD

7:45 AM Flash G ​Oil really strong tho

7:47 AM Curtis Melonopoly​ watching $SNAP

7:52 AM Curtis Melonopoly​ $SNAP long 1000 21.63

7:52 AM Curtis Melonopol y​tight stop

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

7:53 AM Flash G ​haha with ya

7:53 AM Flash G ​good RR

7:53 AM MarketMaven M ​waiting

7:54 AM MarketMaven M ​I’d like to see VWAP at least

7:55 AM Curtis Melonopoly ​add 21.85 1000

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

7:57 AM MarketMaven M ​not sure

7:57 AM MarketMaven M​ VWAP

7:57 AM MarketMaven M ​I’m in long

7:57 AM MarketMaven M ​22.01

7:59 AM Curtis Melonopoly​ closed 2000 shares 22.03

7:59 AM Flash G ​yup out

7:59 AM MarketMaven M​ me too flat

7:59 AM Curtis Melonopoly ​nice win

7:59 AM Flash G​ small win on my end

8:00 AM Curtis Melonopoly ​going 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​ you sold on that Stoch RSI peaking curt?

8:01 AM Curtis Melonopoly​ ya and set stop

8:01 AM Curtis Melonopoly ​but yes

8:03 AM MarketMaven M​ $NAKD HOD

8:08 AM Curtis Melonopoly ​that was a tough open.

8:09 AM Curtis Melonopoly ​Leader board $NMBL $MYSZ $MLNK $XTNT

8:11 AM wintonresearch ​btw a slowly evolving chart to watch is $CANN

8:11 AM Flash G​ thanks !

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

8:11 AM Curtis Melonopoly ​hey Nicholas

8:11 AM wintonresearch ​$MJTK is another

8:12 AM wintonresearch​ hey Curtis

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

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

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

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

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

8:14 AM MarketMaven M ​I agree

8:16 AM Curtis Melonopoly​ long again $SNAP

8:16 AM Curtis Melonopoly ​22.19 2000

8:18 AM Curtis Melonopoly​ closed $SNAP 22.39

8:19 AM Curtis Melonopoly ​small win

8:19 AM Flash G ​tight trade

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

8:20 AM Curtis Melonopoly​ ya allows for tight quarters

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

8:21 AM MarketMaven M ​lolololol

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

8:22 AM wintonresearch ​pass the tums

8:22 AM MarketMaven M ​haha

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

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

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

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

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

8:24 AM MarketMaven M ​Gold and Miner’s I mean

8:25 AM wintonresearch ​i agree

8:25 AM MarketMaven M​ $AUPH nHOD

8:29 AM Curtis Melonopoly​ back in 10

8:29 AM MarketMaven M ​kk

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

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

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

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

8:37 AM Flash G ​ya its n his lst

8:38 AM Flash G ​Mat might be too can’t remember

8:39 AM MarketMaven M​ 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 ​ha

8:40 AM Curtis Melonopoly​ watching lol

8:40 AM Curtis Melonopoly​back  ?

8:40 AM MarketMaven M ​?

8:41 AM Curtis Melonopoly ​I got lucky those were tight

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

8:42 AM wintonresearch ​$SINO is a chinese shipper

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

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

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

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

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

8:47 AM MarketMaven M ​liquidity sensitive day it seems

8:48 AM Flash G ​Long $XIV for daytrade

8:49 AM Flash G ​stopped before started

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

8:51 AM Flash G ​okay now I’m in $XIV 68.04

8:53 AM MarketMaven M ​$PIRS 52 wk high

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

8:54 AM Curtis Melonopoly ​k

8:56 AM MarketMaven M​ $AHPI on watch

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

8:58 AM Flash G​ nice work MM

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

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

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

9:00 AM Flash G​ congrats

9:01 AM Flash G​ ya $NAK like it

9:01 AM wintonresearch ​nakity nak don’t talk back

9:01 AM wintonresearch ​?

9:01 AM Curtis Melonopoly​ congrats MM great trade

9:02 AM Curtis Melonopoly ​lol

9:03 AM wintonresearch ​Curtis – 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 ​thru midday

9:03 AM wintonresearch ​so let’s see

9:03 AM Curtis Melonopoly ​kk

9:04 AM wintonresearch ​may hold true of miners as well

9:06 AM Curtis Melonopoly​ 200 day interesting

9:07 AM Flash G ​wow good timing on $MOSY exit MM pro

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

9:08 AM MarketMaven M ​2.04

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

9:15 AM Flash G​ 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 ​ya I see that… EPIC is EPIC lol

9:19 AM Flash G ​$AHPI HOD thin

9:21 AM Curtis Melonopoly ​what do you guys think of the YouTube Live?

9:21 AM Flash G ​I actually really like iit – mobile is smoooth

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

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

9:22 AM MarketMaven M ​on the chart

9:22 AM MarketMaven M ​not audio

9:22 AM Flash G ​yup me too but thats nothiing if have mobile

9:23 AM Curtis Melonopoly ​interesting

9:23 AM Curtis Melonopoly ​200 day on $NAK on deck

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

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

9:37 AM MarketMaven M ​lunch break its quiet

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

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

10:27 AM wintonresearch ​copper fake out? $TGB with a nice hammer

10:27 AM wintonresearch ​i 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 ​U stocks are showing strength $UEC MGA.TO MGAFF NXE.TO

11:22 AM wintonresearch ​$CCJ

11:48 AM MarketMaven M​ back long lunch:)

11:48 AM Flash G​ ill say

11:51 AM Flash G ​ll very quiet day anyway

11:54 AM wintonresearch​ zzzz

12:00 PM Mathew w​ 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​ $BLPH jiggy

12:10 PM wintonresearch ​i sat on ICLD for like three days lol

12:10 PM MarketMaven M ​lol

12:12 PM wintonresearch ​i got so busy and forgot it

12:12 PM wintonresearch ​still has good chart

12:13 PM MarketMaven M​ ya

12:25 PM MarketMaven M​ $GEVO lift

12:29 PM MarketMaven M​ $SSH pop

12:31 PM Curtis Melonopoly ​omg slow lol

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

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

12:37 PM Flash G ​$IBIO macro micro poppin

12:37 PM Flash G​ not macro just micro

12:38 PM Flash G​ 20

12:38 PM Flash G ​20%

12:41 PM Curtis Melonopoly ​$HEAR 45%

12:44 PM Curtis Melonopoly​ earnings tomorrow after bell

12:45 PM Curtis Melonopoly​ $MBRX decent day too

12:46 PM Flash G ​watching $DRYS long lol yepp

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

12:48 PM Flash G​ yepp

12:53 PM Curtis Melonopoly ​long $XIV 68.53 tight stop 500

12:55 PM MarketMaven M ​$RAD blocks

1:03 PM MarketMaven M ​$MOSY poppin

1:03 PM MarketMaven M ​$RTN hod

1:05 PM Curtis Melonopoly ​stop set at flat $XIV

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

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

1:14 PM Curtis Melonopoly ​Gold going to test soon here

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

1:19 PM MarketMaven M ​$MMEX 3100% OTC

1:20 PM Flash G ​$KBSF may go here

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

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

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

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

1:33 PM MarketMaven M ​hahahahaha

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

1:35 PM Curtis Melonopoly​ noooooooo neva

1:35 PM MarketMaven M ​lol

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

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

1:36 PM MarketMaven M​ ya f

1:37 PM Flash G ​hahahahaha sorry but thats kind of funny

1:38 PM Flash G ​it might bounce here MM

1:38 PM Flash G ​i may go long soon fyi

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

1:42 PM Curtis Melonopoly ​$PRKR court win?

1:43 PM MarketMaven M ​$PRKR long 2.28 start

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

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

1:44 PM Curtis Melonopoly​ nice one

1:46 PM Flash G ​f I should have gone with ya MM

1:50 PM Curtis Melonopoly​ great trade mm wow

1:55 PM MarketMaven M ​thanks!

1:55 PM MarketMaven M ​I’m all out 2.58 for a little scalper

1:59 PM MarketMaven M ​good night guys

1:59 PM Flash G​ bye MM ?

2:00 PM Curtis Melonopoly ​peace all

2:00 PM Curtis Melonopoly ​great play mm ?

Be safe out there!

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Article Topics: $MEET, $WFT, $GLBL, $NMBL, $ETRM, $SNAP, $NG_F, $HEAR, $AUPH, $MOSY – $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM – $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


Stock Trading Plan for Tuesday Mar 7, 2017 in Compound Trading Chat room. $MEET, $WFT, $GLBL, $NMBL – $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

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

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

Notices:

All algo, post market trading results and swing trading updates are now out.

The trading group link is below – if you have any problems let us know.

Current Holds / Trading Plan:

All small to mid size holds in this order according to sizing – $ONTX, $DUST, $USRM, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.

Per recent’ $DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

Market Outlook / Trading Plan:

Earnings on deck:

Watching Gold, Miner’s and Silver once again very close – here’s our Gold trade vote.

Volatility is now on my radar again $TVIX $UVXY.

Morning Momo / News and Social Bits From Around the Internet:

Momo Watch: $MEET, $WFT, $GLBL, $NMBL

$MEET, PRemarket, Trading, Plan

$MEET up 22.88% Premarket

8:30am
International Trade

8:30am
Gallup US

8:55am
Redbook

3pm
Consumer Credit

Analysts gush over Weatherford CEO hire; shares +14% premarket http://seekingalpha.com/news/3249084-analysts-gush-weatherford-ceo-hire-shares-plus-14-percent-premarket?source=feed_f … #premarket $WFT $HAL

Brookfield to buy 51% of TerraForm Power for $11.46/share http://seekingalpha.com/news/3249069-brookfield-buy-51-percent-terraform-power-11_46-share?source=feed_f … #premarket $BAM $TERP

Dick’s beat on earnings but guidance a bit light. $DKS down 3% #premarket.

Michaels Cos. stock jumps 7% premarket following upbeat earnings and outlook.

Brazil recession worse than thought in Q4 http://seekingalpha.com/news/3249061-brazil-recession-worse-thought-q4?source=feed_f … #premarket $EWZ $BRF $BRZU $EWZS.

Juniper Pharma Q4 top line up 143%; net income: $9.6M; shares up 11% premarket.

$MEET trading higher 22% during #premarket from yesterday’s news alert on positive earnings: MeetMe posts 4Q profit.

Mesoblast’s cell therapy MSC-100-IV Fast Track’d for children with acute GvHD http://seekingalpha.com/news/3249047-mesoblasts-cell-therapy-mscminus-100-iv-fast-trackd-children-acute-gvhd?source=twitter_sa_factset … #premarket $MESO $MNK

Pier 1 Imports rallies after posting preliminary Q4 numbers http://seekingalpha.com/news/3249078-pier-1-imports-rallies-posting-preliminary-q4-numbers?source=twitter_sa_factset … #premarket $PIR

Pure Storage +7% after Nimble sale http://seekingalpha.com/news/3249074-pure-storage-plus-7-percent-nimble-sale?source=feed_f … #premarket $PSTG $NTAP.

Pandora -3.8% as Maffei talks it down http://seekingalpha.com/news/3249088-pandora-minus-3_8-percent-maffei-talks?source=feed_f … #premarket $FWONA $P

Highpower +16% on big Y/Y gains in net income, gross profit, revenue http://seekingalpha.com/news/3249096-highpower-plus-16-percent-big-y-y-gains-net-income-gross-profit-revenue?source=feed_f … #premarket $HPJ

Dish Network shares are up 5% in premarket trade.

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $MEET, $GLBL, $NAVB, $WFT $ETRM $PIR $XTNT $DISH $MOMO $TGTX $DGAZ $DUST $JDST $CLDX $HMY $DRYS $AMD

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:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades:   as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: as time allows I will update before market open or refer to chat room notices.

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

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $MEET, $WFT, $GLBL, $NMBL – $MGTI, $NE, $XOM, $USRM, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F