Compound Trading Chat Room Stock Trading Plan and Watch List Wednesday April 25, 2018: #EIA, Oil, $WTI, $DARE, $SSW, $BA, $CMCSA, $TWTR, $ANTM, $VIAB, SP500, $SPY, $BTC, Bitcoin, Gold, $GLD, $GDX, OIL, $WTI, $USOIL, Volatility, $VIX , Silver, $SLV, US Dollar Index, $DXY … more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notices:
What’s New at Compound Trading April / May 2018. https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/
Trade Coaching Boot Camp coming up. https://compoundtrading.com/trade-coaching/
Preparation for Trade Coaching Boot Camp (for in person & online attendees) #FreedomTraders https://compoundtrading.com/preparation-for-trade-coaching-boot-camp-for-in-person-online-attendees-freedomtraders/
EPIC (Oil) Members Note: Weekly EIA Oil Trade webinar 10:30 AM ET Wed in oil trading room. Also, weekly webinar Wed 11:00 AM ET specific for Oil trade chart analysis, algorithm model use (swing and intra) and cover questions as needed. The videos will be available to EPIC members as a library online. (Previously EIA was in main trading room, but for this purpose we will meet in the oil trading room. The private oil trading Discord channel can also be used for live two way voice question and answer).
April Sale On Now! 10 Promo Codes Per Select Items Only! Ends Apr 30 or if Promo Code limit for a specific item has been reached (10). If there is no sale price beside item listed it is sold out. Click here for available Promo Codes. https://compoundtrading.com/overview-features/ … #trading #stockmarket
April Sale On Now! 10 Promo Codes Per Select Items Only! Ends Apr 30 or if Promo Code limit for a specific item has been reached (10). If there is no sale price beside item listed it is sold out. Click here for available Promo Codes. https://t.co/TFgZFPzOBt #trading #stockmarket
— Melonopoly (@curtmelonopoly) April 16, 2018
Notes in red text below are new comments entered specifically today (or recently important).
Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Real-time Alerts for Oil, Gold, Swing Trading, Day Trading, Bitcoin are now available by following specific alert Twitter feeds.
Disclaimer / disclosure: Every subscriber must read this disclaimer.
Reporting and Next Gen Algorithms:
BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email or DM us!
Connect with us on Discord.
https://twitter.com/CompoundTrading/status/880670140454637569
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
https://twitter.com/CompoundTrading/status/927397024315662336
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
https://twitter.com/CompoundTrading/status/889148655785177088
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
https://twitter.com/CompoundTrading/status/889147527278333952
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts.
Trade Set-ups $SPY, $NFLX, OIL, $WTI, $ESPR, $GOOGL, Bitcoin, $BTC, $FEYE, $AAPL and more.
Trading Set-Ups $SPY, Gold, $GC_F, $GDX, Bitcoin, $GOOGL, $EVLV, $HEAR, $CHEK, $MARA, $PRTA, $ZDGE
Trading Set-Ups $NETE, $TSG, $ETH Ethereum, $BTC Bitcoin, $TAN, $HEAR, $AMMJ, $SNAP, $VLRX
Trade Set-Ups OIL, $WTI, $SPY, $GOOGL, $FSLR, $AXP, $GREK, $CELG, $AAOI, $SDRL, $WFT
Recent Educational Videos:
Want to learn how to trade stocks for consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … … #freedomtraders
Visit the Trading Educational and Analysis Play List at this Link on our YouTube Channel
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Stocks making the biggest moves premarket: BA, CMCSA, TWTR, ANTM, VIAB & more https://www.cnbc.com/2018/04/25/stocks-making-the-biggest-moves-premarket-ba-cmcsa-twtr-antm-viab-more.html
$TWTR JUST IN: Twitter’s sales jumped 21% thanks to push into live video and more personalized content https://bloom.bg/2HXyUFs https://twitter.com/tictoc/status/989100755993972736
Market Observation:
As of 7:23 AM: US Dollar $DXY trading 90.81, Oil FX $USOIL ($WTI) trading 67.69, Gold $GLD trading 1323.81, Silver $SLV trading 16.56, $SPY trading 262.98, Bitcoin $BTC.X $BTCUSD $XBTUSD trading 9038.62 , and $VIX trading 18.9.
Recent Momentum Stocks to Watch:
News:
Boeing crushes estimates, lifts EPS outlook https://seekingalpha.com/news/3348441-boeing-crushes-estimates-lifts-eps-outlook?source=feed_f … #premarket $BA
Recent SEC Filings:
Recent IPO’s:
$AGMH
$SPOT Morning Brief: Spotify rival Tencent Music preparing for IPO
Carbon Black prices its IPO at up to $136M https://seekingalpha.com/news/3347494-carbon-black-prices-ipo-136m?source=feed_f … #premarket $CBLK
Earnings:
#earnings for the week
$AMZN $FB $AMD $MSFT $BA $TWTR $GOOGL $INTC $CAT $HAL $X $V $LMT $PYPL $ALK $XOM $ABBV $F $MMM $AMTD $VZ $T $FCX $WYNN $KMB $UPS $HAS $KO $CMCSA $RTN $AAL $WDC $BIIB $STM $QCOM $TXN $SBUX $GM $ALGN $LUV $UTX $NOK $CMG $CVX $SIRI
#earnings for the week$AMZN $FB $AMD $MSFT $BA $TWTR $GOOGL $INTC $CAT $HAL $X $V $LMT $PYPL $ALK $XOM $ABBV $F $MMM $AMTD $VZ $T $FCX $WYNN $KMB $UPS $HAS $KO $CMCSA $RTN $AAL $WDC $BIIB $STM $QCOM $TXN $SBUX $GM $ALGN $LUV $UTX $NOK $CMG $CVX $SIRIhttps://t.co/r57QUKKDXL https://t.co/mmyg7TNe2o
— Melonopoly (@curtmelonopoly) April 21, 2018
Trade Set-up Alerts & Reports. Recent / Current Holds, Open and Closed Trades:
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Dollar bulls keep an eye on 200 MA overhead on daily. $DXY #USD $UUP #chart #resistance
$SSW trade going really well. Target in play 8.82. #swingtrading
$AAOI over 32.90 targets 39.18 then 40.66. Watch for 50 MA overhead. (purple)
$AGN I know it’s psychedelic but I think the time cycle is over soon and it reverses. Targets in report. #swingtrading https://www.tradingview.com/chart/AGN/7qp2fwSt-AGN-I-know-it-s-psychedelic-but-I-think-time-cycle-over-soon/ …
$SPY ended week under 50 MA (bearish) however, MACD is still trending up and earnings season in full swing.
Per previous;
Silver touch to 100 MA on Weekly. Not saying it will go… but I wouldn’t want to be short. $SLV, $USLV, $DSLV
100 Day Moving Average on Monthly Oil Chart logical price target. $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT
Gold bulls continue to press the upper resistance points on daily chart model. #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
$GDX Gold miner trading near mid quad resistance test and perfectly on way to price target. $NUGT $DUST $JNUG $JDST
Bitcoin: April 12 – Bullish indicator – price didn’t drop in to target this time. Not absolute indication of turn, but is a signal. $BTC
$CELG 86s to 91s off alert, buy sell trigger now. Chart Notes. https://www.tradingview.com/chart/CELG/gdKoFxEq-CELG-86s-to-91s-off-alert-buy-sell-trigger-now-Chart-Notes/ …
Litecoin will have to bounce near here if chart structure to remain in place. $LTC
If it doesn’t bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.
See chart notes.
Litecoin will have to bounce near here if chart structure to remain in place. $LTC
If it doesn't bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.
See chart notes.https://t.co/SMEVswx4ha pic.twitter.com/EHM5S9DmcC
— Crypto the BTC Algo (@CryptotheAlgo) April 7, 2018
Market Outlook, Market News and Social Bits From Around the Internet:
#5things
-Trump unconvinced by Macron on Iran
-10-year yield holds over 3%
-Facebook earnings
-Markets drop
-M&A
https://www.bloomberg.com/news/articles/2018-04-25/five-things-you-need-to-know-to-start-your-day …
#5things
-Trump unconvinced by Macron on Iran
-10-year yield holds over 3%
-Facebook earnings
-Markets drop
-M&Ahttps://t.co/xVihDgT6Yo pic.twitter.com/s10PFk4pdI— Bloomberg Markets (@markets) April 25, 2018
Economic Data Scheduled For Wednesday
Economic Data Scheduled For Wednesday pic.twitter.com/6GWrFxznKz
— Benzinga (@Benzinga) April 25, 2018
10-year yields at 3% stole the spotlight, but there are a bunch of other market milestones, including:
– nearly (all!) swap spreads turning positive.
– Dollar index at its 100-day moving average.
https://www.bloomberg.com/news/articles/2018-04-24/major-milestones-loom-everywhere-for-global-markets-in-flux …
10-year yields at 3% stole the spotlight, but there are a bunch of other market milestones, including:
– nearly (all!) swap spreads turning positive.
– Dollar index at its 100-day moving average.https://t.co/WQPIRqVysq by @mccormickliz @LJKawa @SarahPonczek @lineoyamada pic.twitter.com/tJPM7bvFaT— Tracy Alloway (@tracyalloway) April 25, 2018
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(1) Pre-Market Gainers Watch-List: $CHEK $TZOO $OGEN $STNG $CREE $MNKD $PSTI $CBI $CS $HMNY $STM $TXN $JDST $DUST $HMY $BA $GERN
(2) Pre-market Decliners Watch-List :
(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 $WTI ($UWT, $DWT, $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), $BTCUSD Bitcoin.
(5) Recent Upgrades:
DineEquity $DIN PT Raised to $95 at Maxim Group
Watsco $WSO PT Raised to $185 at Baird
Robert Half $RHI PT Raised to $68 at Baird
Wynn Resorts $WYNN PT Raised to $210 at Roth Capital
(6) Recent Downgrades:
Helios and Matheson Analytics $HMNY PT Lowered to $12 at Maxim Group
Masco $MAS PT Lowered to $46 at Baird
Masco $MAS PT Lowered to $43 at RBC Capital; Buyers on Weakness
Polaris Industries $PII PT Lowered to $109 at RBC Capital http://streetinsider.com/r/14092881
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.
Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, #EIA, Oil, $WTI, $SSW, $DARE, $BA, $CMCSA, $TWTR, $ANTM, $VIAB