Compound Trading Chat Room Stock Trading Plan and Watch list for Monday June 3, 2017;  $SPEX, $OPXA, $USOIL, $GLD, $WTI, $DXY, $NATGAS, #Discord – $XIV, $WMT, $NFLX, $UUP, $SSH, $LGCY, $TRCH, $ESEA, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

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

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

Notices:

Morning traders!

Monday is open house day in our live trading room.

Today’s Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Oil, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to info@compoundtrading.com and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it.

Reporting and algorithms: We expect all to updated between now and Wednesday morning.

Connect with me on Discord and lets take this up a notch!

Most recent lead trader blog / video posts:

Oil trading session with EPIC the Oil Algorithm in oil trading room. $USOIL $WTI $CL_F #CL $USO $UWT $DWT #OIL #OOTT #IA #EPICEDGE

Oil Trading Room – How to Use Oil Algorithm Chart & Recent Trades $USOIL $WTI $CL_F $USO #OIL #OOTT

Mid day trade set-up review June 30 $DXY, $SPY, $XIV, $USOIL, $FEYE, $NXE, $HAIN, $URG, $CLLS …: http://youtu.be/6BEk5bVEkGw?a via

 

Master Webinar Schedule. All events listed here are subscriber access only unless otherwise specified.
https://twitter.com/CompoundTrading/status/874160073685188608

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

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

Morning momentum stocks on watch so far: $SPEX, $OPXA

Bias toward / on watch: $CARA for a possible bounce, Natural Gas should get a bounce soon, Oil should come off soon, Dollar should get moving soon, and Gold should get wacked soon. Soon being in next 30 days inflection on watch.

OTC on watch: 

Gapping Premarket: $SPEX, $OPXA

Recent Momentum Stocks to Watch:

Stocks with News:

Recent SEC Filings to Watch: $PSTG Jun 22, CFO Sells 8255 Shrs; Net: -108.43k; Acq’d: 0; Disp’d: 8255 13.14/s https://is.gd/cQHEjO

Earnings On Deck: 

Holds: $WMT, $NFLX, $XIV, $UWT, $UUP test starter swings. All other holds are small size (less than 5% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (not including my swing trading or algorithm charting trades).

Recent Chart Set-ups on Watch: $TRCH, $ESPR, $FEYE, $SLX, $CLLS, $IMDZ, $VRX, $HIIQ, $FSLR, $JUNO, $CELG, $VFC and many more on the mid day reviews on You Tube. We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day.

Market Outlook: 

Holiday Tuesday and Monday short day at 1:00 EST!

Futures higher in positive start to third quarter.

Market News and Social Bits From Around the Internet:

8:30 am
US Consumer Spending

9:45 am
Manufacturing Index

10:00 am
-Manufacturing Index
-Construction Spending

$BABA Alibaba PT raised to $201 from $158 at Deutsche Bank

$OPXA reverse merger agreement with Acer Therapeutics.
New ticker $ACER

Nevada begins legal weed sales $ACBFF $AERO $AMMJ $APHQF $BLOZF $CANN $CBDS $CBIS $CVSI $FIRE

GSK signs $43M deal for drug discovery AI https://seekingalpha.com/news/3276707-gsk-signs-43m-deal-drug-discovery-ai?source=feed_f … #premarket $GSK

$EYES Announces Expansion of Medicare Coverage for Argus II Retinal Prosthesis System to 11 Additional States and the District of Columbia

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Intra-day Trading Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: $SPEX, $OPXA, $TEAR, $ESEA $SSG $NGE $SPEX $NSPR $PIXY $DCTH $IDXG $NXTD $DGAZ $DUST $NIB $GASL $JDST $FCAU $WEAT $TSLA 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) Recent Upgrades:  as time allows I will update before market open or refer to chat room notices.

(6) Recent 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

Algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Article Topics:  $SPEX, $OPXA, $UGAZ, $USOIL, $GLD, $WTI, $DXY, #Discord, $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


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Feb 6, 2017; $DRYS, $GALT, $AMD, $VRX, $GLDBS, $TOPS, $OPXA, $JUNO, $CBMX, $TRCH, $LGCY, $DUST 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:

Public Webinar Schedule:

Webinars are scheduled for this Saturday afternoon. For general public interested in understanding our services and algorithmic chart modeling. Also for existing members that wish to ask more detailed questions about the charting and trading our algorithmic charts.

Date: Saturday Feb 11, 2107

Location: Visit our website www.compoundtrading.com and click link to enter trading room and sign in as guest.

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

4:00 S&P and VIX (in development) models.

4:30 Swing Trading – What our service includes and success to date.

5:00 Trading Room – Introduction to our Trading Room

New article post on our blog:

Per previous;

Trading Room News Memo – There is a new member memo out that updates our members on trading room news and upcoming events. It also discusses our upcoming announcement of weekly webinars for existing members that wish to use our work in a more in depth manner and prospective members that would like to understand more about what we do. These webinars will be weekly for all six algorithmic charting models, our swing trading service and our trade room – each being 30 minutes in length. You will find the memo here:

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

Traded out of my $OPXA weekend for small gain, scalped $DRYS seven times, scalped $VRX, and flat on a few others. Eleven trades with an average 300.00 profit – a day in the office to say the least. All of which I couldn’t alert outside of room because they were all minutes / scalps.

The real story of the day was Mathew killing with our members (being on the right side of the metals trade and others) and a visit from Hedge Hog trader in our room – he spent the day as a guest and served up some insight to our members about stocks he’s watching. If you aren’t following our associate trader Mathew and Nicholas (HedgeHog Trader) on Twitter you should be. They’re both masters of the game.

Speaking of master peeps in the game, Quarry who was gracious enough to give me a respectable shout out on the weekend – give him a follow! He’s an exciting trader, a good man and tapped in folks.

Also (per previous), I’m still on the wrong side of that Gold / Miners / Silver trade and I have absolutely no excuse because I knew months in advance the bottom call from Rosie the Gold Algo and SuperNova Silver Algo – and I even doubled down on $DUST the other day. HOWEVER, Gold does have two very significant hurdles coming overhead that have low probabilities of price action clearing (with-out a pull back) – unless of course geopolitical reasons change that.

$DRYS, Market, Stocks, Report, Results

$DRYS Postmarket Stock Trading Results Report

Momentum / Noteable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
RENN 8.16 403.70% 374364 Top Gainers
DRYS 5.61 34.21% 48012495 Top Gainers
PSIX 3.70 32.14% 1832509 Top Gainers
GLBS 9.70 29.85% 1461455 Top Gainers
PULM 4.98 29.02% 18969351 Top Gainers
NAKD 2.89 18.93% 6225248 Top Gainers
RENN 8.16 403.70% 374364 New High
SEV 15.69 16.14% 514509 New High
ACFN 0.51 30.85% 834593 New High
NEOT 1.70 -2.86% 415852 New High
RENN 8.16 403.70% 374364 Overbought
WOOF 90.69 0.04% 2049174 Overbought
SEV 15.69 16.14% 514509 Unusual Volume
NINI 17.52 1.39% 10756 Unusual Volume
OSTK 16.10 -4.17% 3003355 Unusual Volume
PIP 1.01 -69.39% 41324546 Unusual Volume
AAL 45.30 2.49% 6455878 Upgrades
ACAT 18.54 -0.38% 461889 Earnings Before
CMG 395.59 -2.10% 1497576 Insider Buying

Holding:

I am holding $JUNO, $CBMX, $TRCH, $LGCY, $DUST

Looking Forward:

I am of course watching our standards that apply to our algorithmic charting.

US Dollar $DXY and $USDJPY failed support and tanked Monday – will be interesting to see what BOJ does next.

$GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon.

$OIL was near / at decision resistance and backed off Monday.

$VIX is still near dead.

$SPY came off a bit Monday but nothing to consider.

Still playing morning momos and expect it to be active Tuesday.

Also watching some new plays talked about in room below today, and $ZAIS, $FNMA (Trump play – not currently in but have been trading them), $OPXA (out Monday morning as noted but I like the chart), $ASM (great story referred by HedgeHog Trader, watching very close), $DUST (looking for intermin Gold reversal as I am in 2/5 size so I may hammer other 3/5 and play a turn for a flat goal), $JUNO and $CBMX (will hold in to late spring if needed and may add), $TRCH and $LGCY (oil and Trump play).

Earnings on deck:

And Epic the Oil Algo nailed the Friday target area – so the machines are still in it – that’s good – looking for a hit on target for Tuesday 10:30 AM now.

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

Announcements in Compound Trading Chat Room:

09:00 am Curtis M : Momo: $GALE, $NAKD, $PULM, $MYOS, $HAS

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

09:02 am Sandra Q : $GALE all out now
09:08 am Sammy T : $KIN Halt
09:18 am darnel t : Wwatching $OPXA and $RCON here now
09:19 am Carol B : $RCCON looks decent for open
09:21 am Carol B : $FNMA from Curts list consistent too lately
09:22 am Carol B : $ZAIS up from Curts lst too on Fri
09:27 am OILK K : $OPXA can go today
09:29 am OILK K : $MYOS
09:32 am Sammy T : $MYOS
09:33 am Frank R : $OPTT short
09:35 am Flash G : $HEAR HOD
09:36 am John M : $SEV strong
09:39 am Frank R : Getting some $GS here
09:42 am Trent P : $DRYS going to fly
09:44 am Jack D : $SDRL on the move
09:46 am Trent P : Long some $TSLA
09:47 am Trent P : Nice price
09:47 am Mathew Waterfall : Better late than never back in action now that the power came back on
09:47 am Trent P : haha
09:47 am Curtis M : morning
09:57 am Greg L : Curt your $CBMX looks great
10:04 am Curtis M : Sold $OPXA 1.11 avg tiny profit – from Friday weekend hold.
10:06 am Trent P : $WYNN
10:08 am Curtis M : Franks short on $OPTT play of the morning lol nice
10:11 am MarketMaven M : $TTPH HOD
10:12 am Sammy T : $WYNN long here for ull back try
10:15 am Sammy T : $PETX downgrade
10:16 am Mathew Waterfall : Power just cut out on me again. Just for the heads up I likely won’t be trading this morning in fear of another outage
10:16 am Curtis M : Looks like thats t for morning momo – I’ll keep a watch on other screens and scanners
10:16 am Curtis M : Loading standard issue charting now to take a look at oil Gold etc
10:41 am Curtis M : Quiet open
10:42 am Curtis M : Anything your watching Mathew?
10:42 am Mathew Waterfall : can you hear me?
10:45 am Curtis M : My quick recap for those that can’t listen to audio – Gold Silver Miners near interim resistance watching, watching oil for a god pull back for a long, $SPY concerned about MACD but watching for afternon run, not much else on my end.
10:46 am Rick M : Looks like a study morning and then maybe afternoon plays
10:47 am Curtis M : Oil coming off hard
10:48 am Mathew Waterfall : Yea not much really mving too hard outside of the metals and oil here. QUiet mornig overall with low volume on most everything that I’m looking at. I do expect to see the dollar come off and bonds to get with it though that may be a day or two away. I also am keeping an eye on some of the material stocks as $X and $AKS are fiving up their early gains which would be an indicator we may be going south
10:49 am Curtis M : I see a lot of GURUS got chopped up at open also Mathew – very choppy open
10:49 am Rick M : no doubt lol
10:49 am Curtis M : sorry left mic on
10:50 am Mathew Waterfall : Yepp head fakes and false breakouts across the baord pretty much. Like you always say number one thing is preserve capital
10:50 am Slim L : $EBIO decent
10:51 am David Z : $OPTT sss was bank for me – thanks Frank!
10:52 am Mathew Waterfall : Love it to see members suggesting winners in here. Well done guys
10:54 am Slim L : EPIC saved my ass this morning – just saying Curt thanks
10:54 am Curtis M : ha
10:55 am OILK K : $ZGNX nhod
10:56 am Curtis M : Watching oil indicators close
10:57 am Curtis M : I think the buy zone is lkely 52.65 – .70 on $USOL we’ll see
11:03 am MarketMaven M : $DRYS VWAP
11:08 am Mathew Waterfall : market feels a bit weak here. TICKs are middling but closing on the downside of 0 and $SPY looks to be struggling tohold 229
11:10 am Rick M : Morning after Superbowl
11:11 am Mathew Waterfall : Traders are hung over I guess lol
11:11 am Rick M : I am
11:13 am Nicholas Winton : morning everyone! Hedgehog Trader here 🙂
11:13 am Mathew Waterfall : haha Rick. Pats or ATL fan?
11:14 am Mathew Waterfall : Nice to see you Hedgehog
11:14 am Rick M : ATL
11:15 am Mathew Waterfall : Damn. I was pulling for you guys. I’m from Seattle area. Not a huge Hawks fan but you alsways root for the team that kicks you out of the playoffs
11:16 am OILQ K : My $EBIO from Fri decent
11:17 am OILQ K : Think Curts rght on wating on oil here
11:17 am Curtis M : 50 50
11:17 am Mathew Waterfall : Back in some $NGD here long rope swing trade
11:17 am Mathew Waterfall : 2.6 stop
11:18 am Curtis M : $GDX intra res not far away
11:19 am Nicholas Winton : small cap gold miner Primero $PPP closing on 50 dma
11:20 am Nicholas Winton : after basing for 3 months
11:21 am Trent P : $MCD nHOD
11:25 am Mathew Waterfall : $PPP looks like a nice play. Quick stop right below at the .7 low as well
11:28 am Nicholas Winton : another slow boil i like is $FNMA
11:31 am Mathew Waterfall : I’ve heard that name recently a few differnet places. Not sure I will jump in but a lot of people seem to be
11:31 am Sammy T : $AMD hod
11:35 am Curtis M : Gonna go make coffee – back in 15
11:35 am David Z : $AMD complete beast
11:36 am Mathew Waterfall : $AKS swing against todays LOD. Add over 8.5
11:37 am Eddie D : Like it
11:37 am Nicholas Winton : nice
11:39 am Stephen T : I’ll have to ask Curt when he’s back but I think he’s looking for a break out over that diagonal trendline in Silver
11:39 am Mathew Waterfall : Thats just the fib trendline. A break would be great or it can just keep riding it up as well
11:40 am Stephen T : ok thanks
11:42 am Slim L : Likely quiet next hour $STUDY lunch for me
11:49 am CrazzzyCam R : Santelli drawing his puctures again on CNBC:)
11:50 am Mathew Waterfall : while I don’t hate his levles, those carts are rediculous
11:50 am CrazzzyCam R : yup
11:50 am CrazzzyCam R : I dont think he has Twitter or anything like that either haha
11:50 am CrazzzyCam R : Good rants though
11:53 am David Z : $FNMA hasn’t stopped is slow grind up
12:02 pm Eddie D : Looks like you may get your buy zone met in oil Curt
12:02 pm Curtis M : ya
12:04 pm Curtis M : Its quiet out there
12:04 pm Mathew Waterfall : My volume scanner has one ticker on it currently lol
12:06 pm Nicholas Winton : a nanocap I’m watching is $MJTK
12:07 pm Nicholas Winton : looks like a flag
12:10 pm Mathew Waterfall : DO you trade mostly the pennies and micros Nicholas?
12:13 pm Nicholas Winton : mostly stocks under $10
12:13 pm Nicholas Winton : but follow commodities and some larger stocks like Cameco
12:14 pm Nicholas Winton : i think we’re at the start of a big markt bubble
12:14 pm Curtis M : Loks like hes not with us
12:14 pm Mathew Waterfall : I agree. I need to take a look at those smaller names more often
12:15 pm Curtis M : Sorry that was supposed to be a prvate message lol
12:15 pm Mathew Waterfall : Turned into just a message apparently lol
12:20 pm Mathew Waterfall : Option flow is light today. Heavy $AAPL calls being bought righ off of the open but those have lightened up. Some metals/miners plays but nothing too huge. $GOGO also seeing a ton of put flow. Not much to remark in the indeces either way
12:20 pm Stephen T : Curts pulling a Tim S***** on his Twitter lolol
12:20 pm Curtis M : hey shhh
12:20 pm Curtis M : jeez
12:20 pm Curtis M : edit!
12:21 pm Larry A : funny
12:22 pm Curtis M : thought picture of money would get me followers was all
12:22 pm Nicholas Winton : ha 🙂
12:23 pm Curtis M : hes going to file a lawsuit i know it bahahaha
12:24 pm David Z : curts bored
12:24 pm Curtis M : look at that gold
12:25 pm Mathew Waterfall : Gold/silver in honey badger mode today
12:25 pm David Z : ya wow
12:25 pm Curtis M : ill say
12:25 pm Mathew Waterfall : Bought some $SLW down here. It will play catch up to the others shortly
12:25 pm Mathew Waterfall : $Ag and $SSRI similar names Im in and killing it today
12:26 pm Curtis M : Way to go Mat
12:26 pm Curtis M : If I listened to my own algos Id be banking with you
12:27 pm Mathew Waterfall : Yea those algos were on point. nice confirmation for the move most of the way
12:27 pm Curtis M : Silver looks mean I gotta say
12:27 pm Curtis M : I like that $MJTK chart
12:29 pm Curtis M : nobody like my money pc ;lol
12:29 pm Mathew Waterfall : haha to get the real attention it’s got to be money on top of a ferrari or lambo with a half naked girl
12:30 pm Curtis M : have to kill somethng here this afternoon just one stupd lowsy penny runner please something plz
12:30 pm Nicholas Winton : SIL:SLV ratio very bullish looking
12:30 pm Nicholas Winton : for silver stocks
12:31 pm Curtis M : My wife has a load of candidates from poker world for that pic like Liv B***** or whatever her name is and a list as long as my arm they’re always over here
12:31 pm Curtis M : Great idea Mat
12:31 pm Curtis M : lol joke not doing it
12:31 pm Mathew Waterfall : hahaha
12:32 pm Mathew Waterfall : $AVXL VWAP test. Chart looks so-so
12:32 pm Mathew Waterfall : indicators turning on the 1′
12:33 pm Mathew Waterfall : Had volume then poof. So goes the market today
12:34 pm Curtis M : decent chart
12:34 pm Nicholas Winton : for silver watching small cap silver miners AXU ASM
12:35 pm Mathew Waterfall : I like $ASM. Opened a small position Friday in that name
12:35 pm Curtis M : ya is hedgehog around?
12:35 pm Curtis M : he was in here earlier?
12:36 pm Curtis M : jig on $NAKD
12:36 pm Mathew Waterfall : I thought Nicholas was hedgehog?
12:36 pm Curtis M : oh lol
12:37 pm Curtis M : thought nich was another nich
12:37 pm Curtis M : sorry nich and nich
12:41 pm Nicholas Winton : next time I’ll sign in as Hedgehog Trader
12:41 pm Nicholas Winton : no worries
12:42 pm Nicholas Winton : or add a Hedgehog avatar
12:42 pm David Z : ha
12:43 pm Nicholas Winton : i’m now wondering if we’re being lulled and everything rallies at day end
12:43 pm David Z : hope
12:43 pm Curtis M : better lol
12:43 pm Nicholas Winton : ha
12:43 pm Eddie D : coming
12:45 pm Nicholas Winton : i posted a cobalt play this morning for cdn traders CPO.V
12:45 pm Nicholas Winton : those are doing so well- and CPO is tiny and saw a lot of volume last week
12:46 pm Nicholas Winton : these niche sectors are doing well with the bubble environment
12:46 pm Nicholas Winton : worth watching
12:46 pm Eddie D : nice
12:47 pm Eddie D : those micros can double in a blonk
12:47 pm Eddie D : blink lol
12:47 pm Eddie D : blink blonk
12:48 pm Mathew Waterfall : $AVXL buys finally thoguh volume still light
12:48 pm Nicholas Winton : cobalt is up 70% this year because the Congo has been cut off as a supplier
12:48 pm Nicholas Winton : for using child slaves to mine.
12:48 pm Nicholas Winton : so suddenly a cobalt rush
12:48 pm Mathew Waterfall : Interesting. Macros swings there
12:49 pm Eddie D : looks like peeps getting back from lunch scanner perking up
12:49 pm Eddie D : get curt one of his double ups yet
12:50 pm Curtis M : YES
12:50 pm Nicholas Winton : another interesting metal is platinum
12:51 pm Curtis M : watching it close
12:51 pm Nicholas Winton : 2 producers have slashed production
12:51 pm Nicholas Winton : and plat usually trades at 20% prem to gold
12:51 pm Nicholas Winton : but right now gold is trading at 20% premium
12:51 pm Mathew Waterfall : I like and have a small position in $PLG there though looking for others
12:51 pm Nicholas Winton : yes PLG- going into commercial production in 3 months or less
12:52 pm Mathew Waterfall : That’s the word and should rocket
12:52 pm Nicholas Winton : so good catalyst
12:52 pm Nicholas Winton : last Feb iirc $PLG went up huge
12:52 pm Nicholas Winton : not sure on the seasonality of it but interesting
12:54 pm Eddie D : sound of my ears listening very closely
12:54 pm Mathew Waterfall : All of the metals/miners were mving large last spring but it seems like it was just a bit late to the party which is what Im looking for this year
12:55 pm Mathew Waterfall : usd/jpy getting slammed here
12:56 pm Nicholas Winton : last Feb $PLG went from $1.15 or so to $2
12:58 pm Mathew Waterfall : Im shooting for 2.4 as the first target from here
12:58 pm Mathew Waterfall : $4 would be after that with a couple resistance areas in between
12:59 pm Larry A : Which equity Mathew?
01:00 pm Mathew Waterfall : $plg
01:00 pm David Z : I was just thinking of those Lambo pics with Liv B***** hmmm
01:00 pm David Z : sorry buut true
01:01 pm Curtis M : edit!
01:01 pm Mathew Waterfall : TICKs starting to try to make some much lower lows here
01:01 pm Stephen T : Gold up and over it seems
01:02 pm Curtis M : that yellow line is a serious double down extension point but yu should be good to go until then stephen – should
01:02 pm Curtis M : even after who knows but its a serious symmetry crossroads
01:03 pm Curtis M : Mat you researched $ASM?
01:05 pm Nicholas Winton : my note: $ASM 1.6M oz silver production this year and 1.7-2.1 next year plus gold production starting late 2017
01:05 pm Stephen T : Mat likes it
01:06 pm Curtis M : best Silver play?
01:06 pm Mathew Waterfall : $AVXL getting it
01:07 pm Nicholas Winton : $ASM it’s my silver fav- 50M shares and great CEO
01:07 pm Mathew Waterfall : Yea I like $ASM and $NGD in gold should get some nice rebound as well
01:07 pm Nicholas Winton : small stocks should do v well in this bubble
01:08 pm Curtis M : i might hit one really hard
01:09 pm Mathew Waterfall : Let me know so I can front run you lol but chances are Im already in it I’m in a few names across the baord
01:11 pm Curtis M : Mat – Gold over res on your charts?
01:13 pm Mathew Waterfall : Yepp
01:14 pm Mathew Waterfall : Aiming for 1250.9 fib at this point
01:14 pm Mathew Waterfall : 1227.5 swing high was my last breka out point
01:15 pm CrazzzyCam R : sounds right
01:16 pm Mathew Waterfall : I have some heavy reisstance with that fib and some other support/res lines from 1250.9-1253ish
01:19 pm Curtis M : Sorry I hit $AMD at 13.47 long … distracted with Silver
01:19 pm Curtis M : Small order 2000
01:22 pm darnel t : $DRYS NHOD break out
01:22 pm darnel t : $DRYS
01:24 pm Larry A : $CBMX add
01:26 pm Slim L : $DRYS ER tomorrow lol
01:28 pm Mathew Waterfall : O lord holding into $DRYS earnings? That takes some fortitude right there
01:28 pm David Z : Its at a new hi too
01:29 pm David Z : In $SINA for strength test
01:30 pm Mathew Waterfall : I have no clue. That thing has split and reverse split so many times. I know it’s like a million below where it was 10 years ago
01:30 pm Mathew Waterfall : 2007 high 1516947.8 lolol
01:30 pm Mathew Waterfall : Worse than $VXX!
01:31 pm CrazzzyCam R : Its a short interest play – only thing that makes sense
01:31 pm Mathew Waterfall : yea
01:31 pm darnel t : Stopped on $AMD flat
01:32 pm Curtis M : My stop a cent below yours then
01:33 pm Curtis M : Maybe I should have left w ya
01:34 pm Larry A : No traction yet stalled out here scans quiet
01:35 pm Mathew Waterfall : Out a portion of this week $TLT 121c’s at .29 form .14
01:35 pm Mathew Waterfall : Still holing some for amore higher but trade is greem even if left over finsh as doughnuts
01:36 pm Rick M : Double top $DRYS indicators up vol coming
01:38 pm Curtis M : Out $AMD flat
01:38 pm Mathew Waterfall : usd/jpy getting monkey hammered hard ehre holy ish
01:39 pm Rick M : monkey time 🙂
01:40 pm Curtis M : Oil almost in buy zone
01:43 pm Curtis M : In the $DRYS casino at 4.88
01:44 pm Mathew Waterfall : Out some of the next week $NUGT 12.5c’s at .89 from .5. Only a few left wanted to roll but none of the rolls made sense so will readd on any dips
01:45 pm Mathew Waterfall : Out some more of those $TLT calls at .34 from .14
01:45 pm Mathew Waterfall : Will set a stop in the .20’s and let them cruise
01:47 pm Sammy T : $SCIX long
01:48 pm Mathew Waterfall : Looking at $FCX here
01:49 pm Mathew Waterfall : Weekly 16c’s at .29
01:49 pm MarketMaven M : Why is $DRYS running lol?
01:49 pm Mathew Waterfall : Why is water wet?
01:49 pm Carol B : hahaha
01:50 pm Carol B : $DCIX
01:50 pm Mathew Waterfall : Other shippers might see some play here. $ESEA, $SALT etc
01:50 pm Mathew Waterfall : Not my plays though
01:55 pm Curtis M : $DRYS out 4.99
01:55 pm Nicholas Winton : ESEA is nice 19M mkt cap can move
01:56 pm John M : $TSLA nice play
01:56 pm John M : $DRYS u nailed that exit haha
01:57 pm Curtis M : mised top
01:58 pm Mathew Waterfall : $GDXJ lotto’s for friday. 42.5c’s at .19
02:04 pm Flash G : don’t do it curt
02:05 pm Curtis M : Good call on $TSLA guys
02:05 pm John M : ss $PULM
02:06 pm Mathew Waterfall : $PUL looks ready for a rollover
02:06 pm Mathew Waterfall : $PULM
02:07 pm Curtis M : Long $DRYS
02:09 pm Curtis M : Long $VRX

Didn’t alert in room I entered and exited within 10 mins for a small .20 win – it was a very, very busy day with 11 trades.

02:10 pm Curtis M : nice
02:10 pm Curtis M : lol
02:12 pm Mathew Waterfall : $HL swing against 6.4. Will add another rung over 7.25
02:12 pm Curtis M : Out $DRYS in $GLBS
02:16 pm Curtis M : Out $GLBS nice little win
02:17 pm Curtis M : in $TOPS
02:17 pm Curtis M : Got $TOPS at pull back so hoping it pops
02:17 pm Curtis M : wack a mole
02:19 pm Eddie D : $GLNS squeeze time
02:20 pm Curtis M : Out $TOPS flat
02:21 pm Curtis M : Those were too quick to alert
02:21 pm Flash G : I’ll say
02:22 pm Flash G : $CXRX squeezing last 20 mins
02:24 pm Curtis M : Oil getting close
02:24 pm Curtis M : Pit in 5
02:24 pm Mathew Waterfall : Is there even a pit anymore? I knolw they mark commodities at 2:30 but didn’t they close the NYMEX pit?
02:26 pm Curtis M : $GALT vol
02:27 pm Curtis M : Long $GALT
02:27 pm Curtis M : Yes two months ago
02:27 pm Nicholas Winton : micro mj $NWGFF
02:27 pm Curtis M : Still action – I call it pit I shouldn;t
02:27 pm Curtis M : its like a mgic time I’ll call it that
02:28 pm Mathew Waterfall : I still call it pit close as well
02:28 pm Mathew Waterfall : What I saw abou it closing was barely a footnote
02:29 pm Curtis M : Man I thought $GALT might go at that pull back
02:30 pm Curtis M : The Nymex xlosed end of Dec but crude still settles at 230
02:30 pm Nicholas Winton : Novagold $NG popped above 200dma
02:31 pm Nicholas Winton : hasnt been there since Sept
02:31 pm Curtis M : Out $GALT flat
02:32 pm Mathew Waterfall : scanners fers. $GORO, $NG, $GPL
02:32 pm Curtis M : No oil trade for me
02:32 pm Mathew Waterfall : $PVG, $FSM, $AGI
02:32 pm Mathew Waterfall : all seeing expanding colume chasing this move
02:34 pm Rick M : Well I like Pit its bas azz
02:34 pm Curtis M : What a day for miners and gold
02:35 pm Mathew Waterfall : Yepp they are all seeing a ton of call buying here all day as well
02:36 pm Curtis M : Way to go longs
02:36 pm Curtis M : I don’t think I;ve ever sat through the wrong side of a turn for this long my whole life
02:37 pm Curtis M : Daily reminded lolol
02:37 pm Curtis M : Literally missed a new house
02:37 pm Larry A : whoa
02:37 pm Mathew Waterfall : Good thing about this game is there are alway smore opportunities
02:37 pm Curtis M : cards never end
02:38 pm Mathew Waterfall : exactly
02:40 pm Curtis M : Long $DRYS
02:42 pm Curtis M : scalp scalp scalp
02:43 pm Mathew Waterfall : Ultimate lotto $GPL Mar 2.5c’s at .05. This will need the 2.25 level in the next week or so to pay well on these
02:45 pm Curtis M : Sweet play on metals wow
02:47 pm Mathew Waterfall : Crazy statement: Some of these smaller miners have some catching up to do and will blast off if gold keeps going. Like the small cap oil plays some of them have a bit of lag built in at times
02:47 pm Curtis M : BOJ void
02:47 pm Curtis M : ok ready
02:48 pm Curtis M : u throw the ball and Ill hit it lol
02:48 pm Mathew Waterfall : $NGD, $TRQ, and $PLG a couple I scopped up more shares in today
02:49 pm Mathew Waterfall : If new entries waiting to see what gold does tomorrow isn’t a horrible idea. We got a similar move albeit to lower hioghs 2 weeks ago only to sell off pretty hard. That move peaked on a tuesday or wednesday I believe and sold off after
02:50 pm Curtis M : DO NOT SHORT DRYS YET
02:51 pm Curtis M : Something going on with that earnings – something odd
02:52 pm Mathew Waterfall : $GDXJ calls at .31 from .19 already. Im holding into tomorrow but not a bad place to trim a bit Im thinking
02:53 pm Curtis M : great plays Mat
02:53 pm Mathew Waterfall : Thanks!
02:53 pm Rick M : agree
02:59 pm Mathew Waterfall : Whoa. $SHLD not looking so hot https://twitter.com/felixsalmon/status/828692700635475970
02:59 pm Mathew Waterfall : Sorry article link https://www.wsj.com/articles/warning-signs-mount-on-sears-turnaround-bid-1486406699
03:01 pm Curtis M : Out $DRYS another scalp
03:01 pm Nicholas Winton : dry scalp
03:01 pm Nicholas Winton : use a moisturizer
03:02 pm Nicholas Winton : *crickets*
03:02 pm Mathew Waterfall : badum tiss
03:02 pm Mathew Waterfall : More than just trade ideas in here today folks
03:03 pm Nicholas Winton : good folks, bad jokes?
03:03 pm CrazzzyCam R : lol nicholas theyre just fine
03:05 pm Nicholas Winton : watch smallcap miner $THM
03:05 pm Larry A : $GLBS turning up
03:05 pm Nicholas Winton : closing in on 200dma and it does tend to run when there’s room
03:05 pm Nicholas Winton : $THM that is
03:05 pm Nicholas Winton : look at all the Alaska gold plays all benefit from Trump
03:06 pm Nicholas Winton : $THM $NAK $NG
03:06 pm Nicholas Winton : i think they are all going to soar this year
03:06 pm Sammy T : $TOPS crapped out
03:07 pm Mathew Waterfall : I was in $NG and sold to move to another position. Should have stayed in. I like $THM
03:07 pm Nicholas Winton : THM mkt cap 100M and has 12M oz gold
03:08 pm Nicholas Winton : and a wide following
03:08 pm Mathew Waterfall : wow. In the ground but damn that’s impressive
03:08 pm Mathew Waterfall : Looks like over .75 it shold have some legs
03:08 pm OILK K : looks good
03:09 pm Mathew Waterfall : possibly inverse H&S look as well
03:09 pm Greg L : Just noticed the Dry scalp funny:)
03:10 pm Nicholas Winton : lots of puns available for rent
03:12 pm Greg L : tough action today except metals and a few others i gues
03:12 pm Nicholas Winton : my tiny cobalt explorer seeing volume again today CPO.V
03:13 pm Cara R : nice chart too Nich
03:13 pm Nicholas Winton : one of the last few cobalt stocks to be discovered
03:14 pm Nicholas Winton : CUZ.V is another nice one but CPO much smaller and i like that
03:15 pm Cara R : Study time on that one for me thanks Nich!
03:16 pm Nicholas Winton : you’re welcome, i like it
03:16 pm Mathew Waterfall : $TLT holding up into the close is a good sign there. Still want to nail that move round two outside of thse small call plays. Over 120.4 and Im back in
03:17 pm Curtis M : Nicholas has lots of ideas you would like Cara
03:18 pm Curtis M : I’m long that $DRYS break in case you didn’t gues lol
03:19 pm Nicholas Winton : this month should be interesting- shippers often move with miners
03:20 pm Curtis M : 5 or 6 scalps at 300 paid for my ass sitting here all day
03:20 pm Mathew Waterfall : Had to do it. Sold some of those $GDXJ calls at .35 from .19. Too easy to pass up on a weekly exp
03:20 pm Stephen T : go one
03:20 pm Stephen T : good
03:21 pm Mathew Waterfall : Still have about half left for the continuation but that sell basically paid for the originall entry
03:21 pm Curtis M : bank nice
03:21 pm Nicholas Winton : anyone else think NUGT is headed to 17+?
03:21 pm Mathew Waterfall : Now stop at originak entry and let it do its thing
03:21 pm Curtis M : sleeping with his green
03:22 pm Mathew Waterfall : In a box that says Fragile on it. I think it’s pronounced fra-G-lay. Must be italian
03:23 pm Curtis M : I sold flat
03:23 pm CrazzzyCam R : ha
03:26 pm Curtis M : hard to say Nicholas – I think Gold in for a few bumps soon but who knows – you thinking yes?
03:26 pm Eddie D : likely more
03:28 pm Curtis M : $DRYS didnt sell off
03:28 pm Curtis M : In on that break again
03:31 pm Curtis M : Ill tell ya $DRYS with right report tomorrow could be super nova time
03:31 pm Mathew Waterfall : Small $THM starter
03:32 pm Mathew Waterfall : Those $GDXJ calls now at .475 lol sold a bit early good thing I held some
03:33 pm David Z : wow
03:37 pm Mathew Waterfall : They’ll see some premium decay here late in the day but I have a order to close at a tripple tomorrow if we get follow through
03:38 pm Mathew Waterfall : More sweeps for $GDX, $GLD, $SLV etc all afternoon. Crazy steam in those names across the board
03:38 pm CrazzzyCam R : what a day
03:43 pm Curtis M : I might hold on lol
03:43 pm Mathew Waterfall : for earnings? I will say a prayer for you
03:46 pm Mathew Waterfall : Out some more $GDXJ calls right here for a cent or 3 shy or a 3 bagger. Just a couple left for a move higher. I’m a sucker for easy money
03:47 pm Lou Ramone : Mathew Curt All
03:47 pm Stephen T : awesome
03:47 pm Lou Ramone : hola
03:48 pm Stephen T : hola
03:48 pm Lou Ramone : I’m long nugt: any suggestion?
03:48 pm Stephen T : i think curts deep in a trade
03:48 pm Lou Ramone : k will wait
03:48 pm Stephen T : Mat knows nugt
03:49 pm Curtis M : out of course
03:49 pm Curtis M : scalp #7
03:49 pm Mathew Waterfall : Where are you long from and what’s your timeline? I think these miners to get some continuation into tomorrow with gold strength
03:49 pm Mathew Waterfall : Gold hasn’t hit my levels yet so I’m still hanging in
03:50 pm Curtis M : gold looks like a long to me too lou
03:50 pm Lou Ramone : since fri … 1usd by 100 . 700 in total
03:50 pm Nicholas Winton : silver looks great
03:50 pm Lou Ramone : will wait then
03:50 pm Mathew Waterfall : If you’re in options like I have been playing intraday it’s a different scenario
03:50 pm Nicholas Winton : $ASM closing in on 200dma
03:50 pm CrazzzyCam R : silver i agree
03:50 pm Nicholas Winton : a lot of small miners could erupt
03:51 pm Mathew Waterfall : Yepp. Im banking on it
03:51 pm CrazzzyCam R : tomorrow might be curts kind of day
03:51 pm Lou Ramone : swing trade I will say
03:51 pm Mathew Waterfall : $NUGT calls now 1.33 from .5. Im holding the rest if that tells yo anything about my view Lou
03:52 pm Lou Ramone : perfect!!!
03:52 pm Curtis M : lol funny ya true I make all my money in like 20 – 30 days a year thats it lol the rest is scalps
03:52 pm Curtis M : but when i do lol
03:52 pm Curtis M : $ASM nice chart
03:53 pm Mathew Waterfall : $PPP running as well. Nice call Hedgehog. This crew in here today is straight killing it. Scalps, swings, analysis. Well done everyone
03:53 pm Nicholas Winton : sweet
03:54 pm Nicholas Winton : note a couple of weeks ago, we heard $ASM is ramping silver processing capacity 70%
03:55 pm Nicholas Winton : and announced go ahead of a past-producing gold mine
03:55 pm Nicholas Winton : in BC
03:55 pm Curtis M : trpled last time
03:55 pm Nicholas Winton : if you think we’re in a bubble for assets, ASM not a bad little play
03:57 pm OILQ K : $NFLX jiggggy
03:58 pm OILQ K : shippers and maybe small cap metals tomorrow it appears
03:58 pm OILQ K : appears
03:58 pm Lou Ramone : when metals is over I wanted to ask about oil
03:59 pm Mathew Waterfall : $NFLX saw some call action right into the close
03:59 pm Curtis M : we have a webinar this weekend
03:59 pm Curtis M : schedule comes out tonight
03:59 pm Curtis M : perfect opp
04:00 pm CrazzzyCam R : cya tomorrow
04:00 pm Eddie D : cheers all
04:00 pm Slim L : peaca!!!!
04:00 pm Mathew Waterfall : Have a good night all. hope you banked some today. Im off to clear some downed trees and limbs
04:00 pm Curtis M : bye guys
04:00 pm Nicholas Winton : cheers everyone, thanks Curtis
04:00 pm Lou Ramone : bye
04:00 pm Nicholas Winton : great room
04:00 pm Curtis M : 🙂

Be safe out there!

Follow our lead trader on Twitter:

https://twitter.com/curtmelonopoly

 

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


Stock Trading Plan for Monday Feb 6, 2017 in Trading Chat room. $GALE, $NAKD, $PULM, $MYOS, $HAS – $OPXA $TRCH, $LGCY, $CBMX, $JUNO $DUST – 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!

Notices:

NA

Current Holds:

$OPXA, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

With Gold $GLD, Silver $SLV, Miners $GDX, Oil $WTI coming to areas of resistance, $DXY near support, will be a series of decisions soon.

Morning Momo / News and Social Bits:

Momo Watch: $GALE, $NAKD, $PULM, $MYOS, $HAS

Big Week. #Earnings $NVDA $TWTR $GILD $DIS $TWLO $GM $ATVI $CLF $BP $CVS $ONVO $TSN $NWL $SKX $HAS $KO $WLTW $AGN $SYY $AXTA

Gallup US Consumer Spending

8:30 AM ET

Labor Market Conditions Index
10:00 AM ET

Patrick T. Harker Speaks
4:30 PM ET

Tyson Foods shares up some 7% premarket after earnings beat, raised guidance

Aratana says ENTYCE will not be commercially available until Q4; shares down 18% premarket http://seekingalpha.com/news/3240724-aratana-says-entyce-will-commercially-available-q4-shares-18-percent-premarket?source=feed_f … #premarket $PETX #sitif…

Aratana says ENTYCE will not be commercially available until Q4; shares down 18% premarket

Israel’s Delek offers $524M for Ithaca Energy http://seekingalpha.com/news/3240722-israels-delek-offers-524m-ithaca-energy?source=feed_f … #premarket $DGRLY $IACAF

Gallup US Consumer Spending averaged $88 in November http://seekingalpha.com/news/3240721-gallup-us-consumer-spending-averaged-88-november?source=feed_f … #premarket

Chipotle’s stock slumps 1.9% premarket after downbeat report in Barron’s

Hasbro’s stock jumps further, soars 11% premarket after Q4 results

$GALE, premarket, Trading, Plan, Stocks

$GALE PREMARKET up 78% Trading Plan Chat Room Stocks

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: Gainers: $GALE, $NAKD, $PULM, $MYOS, $HAS $GLUU $CERU $COG $PERI $SDRL $JNUG $CNHI $GOLD $NUGT $DRYS $HMY

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: $ZAIS, $OPXA, $IMFI, $FNMA, $ASM

(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: $APO $COG $PRAH $TOT $TRUE $DRE $RRC $DAL $AAL $XOG $PGNX $FDX $CRR $CYTK $COG $XOG $DRE $X as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $VSTO $LGIH $CPN $PRXL $TIF $VR $LH $GALE $TIF $AN  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: $GALE, $NAKD, $PULM, $MYOS, $HAS, $OPXA, $CBMX, $JUNO, $DUST, $TRCH, $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


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Feb 3, 2017 $ZAIS, $OPXA, $UWT, $IMFI, $FNMA, $ASM, $DUST, $JUNO, $CBMX, $TRCH, $LGCY

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:

This Monday our trading room is open to the public!

New article post on our blog:

Per previous;

Trading Room News Memo – There is a new member memo out that updates our members on trading room news and upcoming events. It also discusses our upcoming announcement of weekly webinars for existing members that wish to use our work in a more in depth manner and prospective members that would like to understand more about what we do. These webinars will be weekly for all six algorithmic charting models, our swing trading service and our trade room – each being 30 minutes in length. You will find the memo here:

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

Trading Room Transcripts and Post Market Trading Reports – Some members have asked about trading room transcript accessibility, we are currently interviewing providers and should have an announcement early next week. The post market trading result reports that we haven’t posted over the last few weeks we will catch up on this weekend and going forward will do our best to get them out daily, but I get it, the more convenient and timely the data is the better – so we’re working on that solution right now.

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

Good day, traded $OPXA (hold) $ZAIS and oil related $UWT again for wins. Have some good ones one watch also for Monday I think. Still haven’t found a way to really size in yet though – would like to see that this week.

Also, I’m still on the wrong side of that Gold / Miners / Silver trade and I have absolutely no excuse because I knew months in advance the bottom call from Rosie the Gold Algo and SuperNova Silver Algo – and I even doubled down on $DUST the other day. HOWEVER, Gold does have two very significant hurdles coming overhead that have low probabilities of price action clearing (with-out a pull back) – unless of course geopolitical reasons change that.

$ZIAS, Stock, Trading, Chat, Results

$ZAIS Stock Trading Results – Compound Trading Chart Room

Momentum / Noteable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
SEV 13.51 48.46% 298787 Top Gainers
ZAIS 2.48 42.53% 2335997 Top Gainers
MYOS 3.65 37.22% 25511870 Top Gainers
CFBK 3.10 36.56% 580663 Top Gainers
ATNM 1.36 32.04% 5513346 Top Gainers
ESPR 16.44 29.25% 3121744 Top Gainers
BBGI 8.40 12.75% 34687 New High
SEV 13.51 48.46% 298787 New High
CLCT 24.92 19.87% 251982 New High
HUBG 48.65 10.19% 882885 New High
WOOF 90.65 0.09% 1297421 Overbought
JYNT 4.51 15.64% 138777 Overbought
FXCH 73.11 2.13% 88824 Unusual Volume
CERU 1.30 39.63% 34172222 Unusual Volume
SEV 13.51 48.46% 298787 Unusual Volume
HDEZ 23.89 -1.17% 17042 Unusual Volume
AA 36.86 -2.18% 5240883 Upgrades
ADHD 1.36 17.24% 1250301 Earnings Before
SRNE 5.10 -0.97% 123741 Insider Buying
Ticker Last Change Volume Signal
PSIX 2.80 -62.42% 1525898 Top Losers
BNTC 2.67 -28.80% 2873513 Top Losers
IDXG 3.16 -26.85% 1481979 Top Losers
PULM 3.86 -24.31% 17041053 Top Losers
PTX 2.44 -18.12% 805119 Top Losers
ACET 15.67 -16.96% 2960930 Top Losers
PSIX 2.80 -62.42% 1525898 New Low
MCZ 0.09 -31.85% 4655856 New Low
VNR 0.30 -20.11% 13216026 New Low
HBI 18.98 -16.42% 36580156 New Low
NOVN 4.46 0.45% 232294 Oversold
UAA 20.70 0.24% 7646549 Oversold
PSIX 2.80 -62.42% 1525898 Most Volatile
MYOS 3.65 37.22% 25511870 Most Volatile
BAC 23.29 2.51% 115808966 Most Active
VPCO 0.00 0.00% 98961450 Most Active
MO 71.49 0.06% 6817273 Downgrades
AEMD 4.51 1.58% 23487 Earnings After
MBFI 45.07 2.04% 442423 Insider Selling

Holding:

I am holding $OPXA, $DUST, $JUNO, $CBMX, $TRCH, $LGCY

Looking Forward:

I am of course watching our standards that apply to our algorithmic charting – everything is near a series of decisions. US Dollar $DXY and $USDJPY at support decision, $GOLD $SILVER at decision resistance, $OIL at decision resistance, $VIX is almost dead, $SPY came alive some in Friday trade.

Still playing morning momos and waiting for the current decisions to play out.

Also watching $ZAIS, $IMFI, $FNMA (Trump play – not currently in but have been trading them), $OPXA (in small and looking for a run – like the chart), $ASM (great story referred by HedgeHog, watching very close), $DUST (looking for intermin Gold reversal as I am in 2/5 size so I may hammer other 3/5 and play a turn for a flat goal), $JUNO and $CBMX (will hold in to late spring if needed and may add), $TRCH and $LGCY (oil and Trump play).

Earnings on deck:

And Epic the Oil Algo nailed the Friday target area – so the machines are still in it – that’s good.

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

Announcements in Compound Trading Chat Room:

08:12 am Curtis M : Morning momo $NAKD, $PTN, $CERU, $PXLW, $DATA, $HMNY $DFFN $FTNT $DGAZ $MDCO $IPCI $TENX $PLX $MTZ $CATB

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

09:16 am Mathew Waterfall : Watching usd/jpy 112.56 support to break and watching boinds. Things are settling after that NFP number. I’ll go over that in my check in after market open at about 10:30
09:28 am Mathew Waterfall : $TENX also nice gap up and sitting on VWAP currently
09:28 am Jacob A : $CBMX looks great
09:29 am Curtis M : That OIL Bounce
09:30 am Rick I : in NAKD
09:32 am Jacob A : $NAKD at 4.28 1000
09:34 am Curtis M : Looking at $TVIX
09:36 am Curtis M : #PHMD
09:37 am Curtis M : $TVIX and $UWT watch for me
09:40 am Curtis M : AO on oil chart not good yet
09:41 am Mathew Waterfall : $ATNM big pop
09:42 am Mathew Waterfall : In small against 1
09:45 am Curtis M : Long $UWT
09:47 am Mathew Waterfall : I will keep trailing up the stop on $ATNM. Nice lift so far
09:50 am Curtis M : Hopefully oil gets off floor
09:55 am Curtis M : Watching $IMFIalso
09:56 am Curtis M : $VIX 11.2 near LOD
09:56 am Curtis M : $IFMI sorry
10:00 am Shafique M : $ATNM action to upside
10:02 am Curtis M : OIl VWAP on deck
10:02 am Mathew Waterfall : Yepp $ATNM working well so far
10:02 am Curtis M : $ZAIS $IFMI Dodd Frank catalysts
10:03 am Curtis M : $FNMA same catalyst
10:03 am Mathew Waterfall : interesting
10:04 am Curtis M : I have a large play in UWT scaled in so I may trim soon
10:05 am Mathew Waterfall : Trimming $ATNM. 10% good for me will watch for some pullback
10:05 am Curtis M : 10% rocks
10:06 am Curtis M : res on oil
10:06 am Ted E : Just watching you two is worth the admission
10:07 am Curtis M : Needs to hold VWAP
10:09 am Curtis M : nice
10:09 am Curtis M : 9 day
10:09 am Mathew Waterfall : $UAA acting like a dog but working the same bottom as yesterday. My stop is right below this as it’s all air below. Ovewr 21.75 would be an add if we ever get there
10:09 am Curtis M : news on oil?
10:10 am Curtis M : or just happy?
10:10 am Mathew Waterfall : I haven’t seen anything
10:10 am Rick I : no news
10:10 am Mathew Waterfall : Dollar isn’t even crashing hard or anything
10:10 am Rick I : ur just a pro jhaha
10:10 am Curtis M : test here
10:11 am Curtis M : if it gets to that algo line careful
10:11 am Curtis M : algo circle first
10:11 am Curtis M : then red line
10:11 am Curtis M : then white
10:11 am Curtis M : dam it hit the circle
10:12 am Curtis M : held 9
10:14 am Curtis M : trim half
10:14 am Curtis M : 25.57 to 26.07
10:14 am Mathew Waterfall : Nice win
10:14 am Curtis M : scaling from rest now will re enter later maybe
10:16 am CrazzzyCam R : sweet Im out to
10:16 am CrazzzyCam R : toooo
10:18 am Curtis M : $IFMI HOD
10:19 am Curtis M : careful crude at edge of that circle lol
10:19 am Curtis M : I know I know but…
10:19 am Mathew Waterfall : Getting help from the dollar slam here. $TLT and miners all rallying as well
10:20 am Curtis M : wow
10:23 am Curtis M : $AUMN jig
10:24 am Curtis M : $AUMN HOD
10:24 am Curtis M : Low vol
10:26 am Curtis M : look at oil wow
10:27 am Paul M : Thanks for the plays guys making off both your plays today
10:28 am Mathew Waterfall : On the mic in a sec
10:28 am gary y : I got in $RIG when you got in $UWT
10:28 am Curtis M : lol
10:32 am Rick I : $AUMN on the move guys
10:35 am deb e : That was aesome I couldnt even chat it was so busy banked on FOUR OF YOUR GUYS CALLS HAHA nice morning
10:35 am Mathew Waterfall : Good job Deb! Thats what I like to hear
10:35 am Cara R : congrats deb
10:35 am Sammy T : Super nice wins this morning tok one small slice but win win win
10:36 am Mathew Waterfall : Now please send some of that mojo towards $UAA for those of us trying to will that thing higher
10:36 am Sammy T : hahahaha
10:36 am Curtis M : oil at that algo line
10:39 am Curtis M : $ZAIS guys
10:40 am Curtis M : OA on oil chart is down
10:41 am Curtis M : sorry Stoch RSI
10:46 am Curtis M : $SPY HOD
10:47 am Curtis M : $VIX 11.1 -7.04%
10:49 am Curtis M : in $ZAIS small
10:50 am Curtis M : 2.12 2500
10:51 am Curtis M : Stop at VWAP on $ZAIS
10:51 am Curtis M : squeeze
11:00 am Curtis M : I dont like that its struggling with 9
11:00 am Curtis M : may sell and re enter at vwap
11:01 am Curtis M : 2.17 and ill dump
11:01 am Mathew Waterfall : Break time back in a few
11:01 am Curtis M : k
11:02 am Ted E : pro morning Mat
11:02 am Ted E : and Curt but Mat was leaving lololol
11:02 am Curtis M : ha
11:03 am Curtis M : indicators turning up a bit here
11:03 am Curtis M : might squeeeeze
11:06 am Curtis M : out nice
11:08 am Dennis W : Theyre still buying $SPY
11:23 am Curtis M : $FNMA HOD
11:40 am Curtis M : Just an FYI – Some of the market traders I know will be attending our room starting anytime after lunch and beyond… here and there – all run their own services – pros – just to share their trade ideas from time to time.
11:40 am Jacki A : Awesome Curt. I know from experience when you guys start buying as a pack things kinda happen hahahaha
11:40 am Mathew Waterfall : Hah just saw that thanks for the kind words Ted
11:41 am Mathew Waterfall : Didn’t miss much by the looks of thinds and scanners aren’t too crazy right now. Letting things work for the time being
11:42 am Mathew Waterfall : Looks like we might see s pullback here into the afternoon but nothing major in my view
11:44 am Curtis M : didn;t miss anything
11:44 am Jacob A : i agree on small pb
11:46 am Ted E : Your welcome
11:59 am Shafique M : $ASM Ackman deal – 20.00 PT
12:00 pm Shafique M : Great story behind that stock Curt
12:01 pm Curtis M : Ya Jan 23 ish was when they announced increased imilling capacity
12:01 pm Curtis M : I had t on my watchlst back then and forgot about it
12:01 pm Mathew Waterfall : I like the stock but $20 PT? that’s crazy
12:02 pm Curtis M : I’m talking to a trading group right now about their positons in it
12:02 pm Mathew Waterfall : Rounded bottom/ inverse H&S look on the daily. Very nice
12:02 pm Curtis M : they think 20 – 30
12:02 pm Curtis M : Ackman PT is 20
12:03 pm Mathew Waterfall : I’ll have to do some due diligance over the weekend on it
12:03 pm Curtis M : crazy story super cool story HedgeHog trader put me on to it and he’ll be on of the guys coming in to room over next few days
12:03 pm Curtis M : i should have listened when he first told me
12:05 pm Mathew Waterfall : Well the good news is there is still plenty to be made if it does run that hard
12:32 pm Curtis M : Long $ZIAS small
12:34 pm Curtis M : f it comes off to Ill wack it triple and if it continues off I’ll sell…. f t goes higher I’ll add
12:38 pm Curtis M : original entry 2.74 add 3/05
12:40 pm Paul M : You think it will continue?
12:40 pm Curtis M : no idea
12:40 pm Mathew Waterfall : Big $GLD april 129 call sweeper just went through. That’s a crazy move to even get close
12:41 pm Curtis M : markets look lke theyre going to get serious
12:41 pm Mathew Waterfall : That’s a good way to put it. Still feels like we have a ton on pent up energy to release one way or another
12:44 pm Shafique M : Stuff starting to happen everyweher here now
12:44 pm Shafique M : Back from lunch early
12:53 pm Cara R : $MYOS decent action
12:54 pm Cara R : 100%
12:54 pm Mathew Waterfall : $OREX running hard. Got in small just before this pop
12:55 pm Mathew Waterfall : Small add over 4. Stop about 50 cents here and will trail it up
12:56 pm Curtis M : $MYOS nice – I’m going to scalp it but not alert the scalps
12:57 pm Curtis M : assuming it runs that is
12:57 pm Curtis M : more
12:58 pm Curtis M : I like the $ZAIS story more and $IFMI and $FNMA
01:00 pm Curtis M : Chart bot says buy $MYOS here but I’m waiting
01:00 pm Curtis M : oh it was right mayb
01:01 pm Curtis M : yup
01:07 pm Mathew Waterfall : $OREX smoke show. move stop to 4ish. 4.20 from average 3.9. Will let this guy run it out for a bit
01:12 pm Curtis M : I’m in $ZAIS small so I can play here
01:14 pm Curtis M : Would have been a good short there lol
01:19 pm MarketMaven M : Bios active $EBIO vol
01:26 pm Curtis M : We aren’t gong to fade in to Monday are we?
01:26 pm Slim I : Bios will run
01:27 pm Mathew Waterfall : An afternoon sell off would be pretty funny but probably cause some usd/jpy shenanigans and hurt my metals play so I hope not
01:29 pm joe bucamassa : hi Mathew, Curt, all
01:29 pm Curtis M : hey
01:30 pm Curtis M : what time is it htere now?
01:30 pm joe bucamassa : what do u think about oil? seems to me a good area for long entry …
01:30 pm joe bucamassa : 19:30 swiss time
01:30 pm Curtis M : should I call u joe or use your real first name?
01:31 pm Curtis M : oil …. looks like they may not want to hold over the weekend
01:31 pm joe bucamassa : in chat u can call me Luis
01:31 pm Curtis M : ok
01:31 pm joe bucamassa : i will open a new twitter account LouRamone or something like that
01:31 pm Curtis M : lets wait for a buy signal (volume and see what happens)
01:31 pm Curtis M : ok
01:32 pm joe bucamassa : u do no see that we are now in a buying area and that price will look for alpha target at 54 & some?
01:33 pm Curtis M : youre likely right
01:34 pm joe bucamassa : le
01:34 pm Curtis M : That thick blue line overhead is a serious problem
01:34 pm joe bucamassa : i know
01:34 pm Curtis M : 55.98 $USOIL intra
01:34 pm joe bucamassa : Friday target always come low
01:36 pm Curtis M : pit cloe may give us a buy or sell
01:36 pm Curtis M : pit close
01:36 pm joe bucamassa : k, waiting now.
01:37 pm Curtis M : ya be safe
01:38 pm Mathew Waterfall : dollar spike. Wow
01:38 pm joe bucamassa : i did a long 53.74 54.20 some hours ago and wanted some action …
01:41 pm Curtis M : watch
01:42 pm Curtis M : I think th ebig oil action Sunday night but I could be wrong
01:44 pm MarketMaven M : short sellers paradise all week in afternoons
01:45 pm Curtis M : oil buys coming in
01:45 pm joe bucamassa : curt: what’s the algo saying?
01:51 pm Curtis M : says wha tyou see n chart my man – support – wait for confirmation go easy Friday
01:51 pm Curtis M : Could go a leg down anytime
01:52 pm Curtis M : Don’t drink and trade Luis I know its Friday night there
01:53 pm Jedd G : drink away!
01:53 pm Sammy T : that reminds me I need to pick up wine
01:54 pm Curtis M : Mat what do you think of oil here? Whats the dollar going to do lol?
01:55 pm Mathew Waterfall : You’re the oil guy, but the dollar should continue to roll over
01:56 pm Mathew Waterfall : We got out bounce over 100 last night, and its right back over support now though I don’t see that lasting
01:56 pm Mathew Waterfall : It spiked on those stupid 3 rate hike comments which IMO are BS
01:56 pm Curtis M : makes sense
01:57 pm Mathew Waterfall : We didn’t even make it back to the tripple top resistance level on that over night spike so that would be my first area on concern. That’s all the way up at 100.49
01:58 pm Mathew Waterfall : Weekly chart also confirms at the 10 week is in about the same area as that mentioned support which it tends to respect
01:59 pm Mathew Waterfall : I look at weekly closes to confirm trend on these types of moves
02:00 pm Curtis M : Iran news
02:00 pm Curtis M : Imposing restrictoins on US citizens in retaliation for US sanctions
02:02 pm Curtis M : long $UWT
02:02 pm Curtis M : careful
02:02 pm Curtis M : Im long oil Luis
02:02 pm Curtis M : be careful pls
02:06 pm Curtis M : I think Trump gonna start a good catalyst with Iran
02:06 pm joe bucamassa : Yes, I try to avoid losses
02:07 pm Mathew Waterfall : I can’t see how that’s avoidable at this point. Trump isn’tbacking down that’s for sure
02:07 pm Curtis M : 10 4 luis:) I just want to make sure I’m welcome when there in May thats all lol
02:07 pm Curtis M : ya Mat thats my plan – I’m scaling in big
02:08 pm Curtis M : but tight
02:08 pm Mathew Waterfall : Out $TAHO flat. Still in the calls. Hasn’t been moving that well as of late
02:08 pm Curtis M : pit close in 20 min
02:09 pm Mathew Waterfall : $CHK Apr 9c’s at .08 for Curt’s oil explosion. Cheap low risk way to play. Will look at other small caps as the move starts
02:09 pm Curtis M : f it doesnt hold support im out
02:10 pm joe bucamassa : stop 53.6?
02:10 pm Curtis M : little lower – manual stop pending action
02:10 pm Mathew Waterfall : $NUGT add for me on this pullback. Small started will look for another add. Might be some pain in the next day or 3 depending on king dollar
02:11 pm Curtis M : looks sh*tty
02:11 pm Curtis M : but who knows
02:11 pm Curtis M : theres a few buyers
02:12 pm Dennis W : Curt I have watched you trade oil for six months and think you have lost maybe what I can count on one hand. You should trade it only all day everyday all night.
02:12 pm Dennis W : You cut flat alot I noticed also however.
02:13 pm Curtis M : Wow been watching lol
02:13 pm Curtis M : Chart bot buy signal
02:15 pm Mathew Waterfall : $TRQ add here. Stop is down at 3.35 target 1 is 4.25. I like this set up and will buy into wekaness
02:17 pm Curtis M : If we get enough lift I’ll hold over weekend
02:17 pm Curtis M : scaling to full size
02:17 pm Curtis M : so very tight
02:18 pm Curtis M : resistance here
02:18 pm Curtis M : pit close 11 mins
02:19 pm joe bucamassa : dinner in two min here … good we …
02:21 pm Mathew Waterfall : Bif $NUGT bull bet for March 20c’s just went across. That’s some juice
02:21 pm Mathew Waterfall : *big
02:22 pm Mathew Waterfall : $SLV bull right on its heals
02:25 pm Curtis M : right uo to vwap and over
02:25 pm Curtis M : maybe lol
02:31 pm Curtis M : I expected more volatility
02:34 pm Mathew Waterfall : $TLT getting smashed with the dollar action. Crazy
02:38 pm Curtis M : sold nice
02:40 pm Curtis M : Chipping out not easy
02:43 pm Curtis M : Wow trying to size in and out of that wasnt easy
02:43 pm Mathew Waterfall : No liquidity?
02:44 pm Curtis M : not enough no
02:45 pm Mathew Waterfall : interesting. Maybe friday afternoon, maybe big players uneasy with Trump and the market, maybe Im crazy. Who knows
02:46 pm Curtis M : ya
02:46 pm Mathew Waterfall : Some solid flow on my end today considering this sideway action over the initial ramp but the indexes not getting any love
02:52 pm Curtis M : in $OPXA small
02:53 pm Mathew Waterfall : Needs over 1.09, ahs been resistance in many other jumps. Should have legs to 1.30 on the upside by memory
02:53 pm Curtis M : small for a big maybe
02:54 pm Mathew Waterfall : Yepp. Just checked a chart. 1.30s the 1.50 levels up it it can break out
02:54 pm Curtis M : res at 130 or 150?
02:55 pm Mathew Waterfall : First would be 1.37-1.38 then 1.50
02:55 pm Curtis M : thanks!
02:56 pm Mathew Waterfall : 1.09s have been a wall though
02:56 pm Curtis M : kk thx
02:57 pm Curtis M : 1.11 im in for 600 million
02:57 pm Mathew Waterfall : well that should get things moving
02:57 pm Curtis M : was just laughing at the 600k at 1.00 day lol
02:57 pm Mathew Waterfall : lol
02:58 pm Curtis M : Friday afternoon very unlikely anythin happens anywhere but Im staying
02:58 pm Mathew Waterfall : $MYOS secondary
02:58 pm Jacki A : ME TOO
02:59 pm Mathew Waterfall : scondary offering that is
02:59 pm Curtis M : $OPXA went lip
03:00 pm Curtis M : limp
03:01 pm Curtis M : oil
03:07 pm joe bucamassa : hello
03:07 pm Curtis M : hello
03:07 pm Dennis W : hello lol
03:08 pm joe bucamassa : long oil is a hold at the moment, isn’t it?
03:08 pm CrazzzyCam R : $MYOS didnt come off that hard actually.
03:08 pm Curtis M : Im out
03:09 pm Curtis M : Im out of ol luis
03:09 pm Curtis M : oil
03:09 pm joe bucamassa : k, good to know … I will recheck algo & decide, tx
03:09 pm Curtis M : i may re enter at end of day depends on action
03:10 pm Curtis M : I want to hold for weekend but…. not sure
03:10 pm Curtis M : good luck!
03:11 pm CrazzzyCam R : $MYOS knive catch small
03:11 pm Mathew Waterfall : Iran will be up to something over the weekend. Then trump won’t be able to help himself and recipricate etc etc
03:11 pm Curtis M : Twitter!
03:11 pm Curtis M : Trump Twitter Weekend Iran Oil
03:12 pm Mathew Waterfall : Secondary offered at 4.25 on $MYOS. Keep that in mind
03:12 pm Dennis W : craxy cam
03:17 pm Curtis M : Hey Mat would you hold a 1 / 30 size $OPXA at 1.05 over weekend?
03:18 pm Mathew Waterfall : 1/30? Yea why not. I’m all out after unloading yesterday and want to rebuy in the .95 range so I’m not in a rush
03:18 pm Jacob A : I would – the chart rocks.
03:18 pm Curtis M : ok confirmed
03:18 pm Mathew Waterfall : It likes to pop ike this and get your hopes up only to fall back though. That seems to be it’s pattern for the last couple months
03:18 pm Curtis M : its 1200 shares lol
03:18 pm Mathew Waterfall : I may miss the big move but I’ve already traded that .9 to 1.05 range a ton
03:19 pm Mathew Waterfall : Yea the floor is close so you won’t get burned
03:19 pm Curtis M : so actually 1 / 120 size
03:19 pm Mathew Waterfall : I use about a .8 stop on those FYI just because if it really dumps I want to get out of the way
03:19 pm Curtis M : ok
03:26 pm Paul M : Glad I didn’t play $FB
03:30 pm Mathew Waterfall : Me to. Called the pullback but the weekly options were too spendy and the 127’s or 128’s I would have bought would be worthless. That’s why I hate playing earnings lol
03:30 pm Curtis M : yup
03:36 pm Mathew Waterfall : Dollar giving it up right on schedule. Break of support right here should get some continuation
03:38 pm Mathew Waterfall : Snap common stock doesn’t carry any voting rights. This just gets worse and worse for me
03:43 pm Ted E : Have a great weekend!
03:46 pm Mathew Waterfall : You to Ted!
03:46 pm Mathew Waterfall : $IWM HOD into the close, sure why not
03:48 pm Mathew Waterfall : $UAA how about we do the same and finish on highs
03:48 pm Curtis M : lol
03:56 pm Paul M : see you guys monday
03:56 pm Rick I : yup out
03:56 pm CrazzzyCam R : Beer time.
03:56 pm gary y : enjoy the weekend
03:56 pm Curtis M : cya guys
03:57 pm Mathew Waterfall : Have a good weekend everyone
03:57 pm Mathew Waterfall : See ya bright and early monday for another banger week
03:57 pm Curtis M : 10 4
03:58 pm Cara R : shutting her down 2 mins early – have a great weekend!!!
03:58 pm Curtis M : lol cya cara
03:59 pm Curtis M : oops internet issues
04:00 pm Curtis M : servers down
04:00 pm Curtis M : cya monday!

Be safe out there!

Follow our lead trader on Twitter:

https://twitter.com/curtmelonopoly

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


My Stock Trading Plan for Friday Jan 13, 2017 in Trading Chat room. $ROSG $CBIO $OPXA $ANY $CPHI $SYRX $MOSY $KBSF $PED – 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!

Notices:

Pretty Frigid out there!

Part two of day 2 video recap two week double account challenge:

Per previous;

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

$ZSAN, $TCCO, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Per previous;

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per previous;

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo: $PTLA $THST $P $GEVO $IAG $ZIOP $DSW $OREX $SN $DWT $NVLS $JKS $ETRM $NAK $APC $NFLX $MNST $PNC $NE

Watching Pennies: $ROSG $CBIO $OPXA $ANY $CPHI $SYRX $MOSY $KBSF $PED

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: Gainers: $TBIO 32%, $RXII 17%, $P 8%, $SN, $MRNS $OREX $NVLS $DWT $ETRM $GEVO $SCO

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Losers:  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: $FB $FTV $LSTR $TIF $GOLD $CFX $GRUB $KMT $CNHI $AR $NFLX $PCAR $PNR $ROP $WMS $MX $FNV $TSCO $EVH $PH as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$ACLS $ABCO $NICE $DX $Z $DG $GNRC $SNAK $ATU $AAP $CSX $TRS $BCS $GME $IAG $AGI $AUY $MGA $VSTO $PDS $WBC $TNP $NAP  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: $ROSG, $CBIO, $OPXA, $ANY, $CPHI, $SYRX, $MOSY, $KBSF ,$PED, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F