Compound Trading Premarket Trading Plan & Watch List Monday June 11, 2018.
In this edition: $AQMS, $RCII, $DSW, $LUV, $AMZN, $FB, $AGN, $FIT, $VRX, $AAPL, $FB, $AQMS, $LAC, OIL, $SPY, $BTC and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notices:
Notes in red text below are newer comments recently important.
June 11 – Weekly algorithm, crypto and swing reports are all scheduled to be released Monday evening in to Tuesday morning. Sunday evening was used as a lab team session specifically for coding the models for swing, crypto and commodities.
https://twitter.com/CompoundTrading/status/1006145441375932416
Our Question and Answer Page has been updated for those asking about our services and platform options (with a recent inquiry example) here
https://twitter.com/CompoundTrading/status/1004427758913679361
How to Swing Trade Like the Pros and Win Most Trades. #swingtrading #freedomtraders
https://twitter.com/CompoundTrading/status/1004257179438866432
May 29 Memo: Important Changes at Compound Trading – Pricing, Trader Services, Trader Procedure, Invoicing. #IA #AI #Algorithms #Coding
Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Live Trading Room & Premarket Reporting:
Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Next sessions recommence week of Monday June 4, 2018 as coding team is preparing new environment. Applicable members will begin to receive notice as sessions commence.
Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).
Real-time Alerts:
Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Disclaimer / Disclosure:
Every subscriber must read this disclaimer.
Private Discord Server 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 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. Listed from most recent.
Password: IC Protected: How to Trade Allergan (AGN) Stock Move (Exclusive) $AGN #swingtrading #daytrading #chart
Password: TRADEAAPL Protected: Trading Apple’s Stock Move (Member Exclusive) $AAPL #swingtrading
Password: SWINGDXY, Protected: Trading US Dollar Index (Part 2 – Member Exclusive) $DXY $UUP #USD #SwingTrading #Daytrading
Password: swing Protected: Trade Set-Ups w/ Video #EIA, Oil, $TSLA, $NFLX, $ESPR, $PG, $AAPL, $SPY, $CARA, $EGY, $GERN, $BPT more. #swingtrading
Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm https://compoundtrading.com/feature-post-with-charting-how-to-trade-the-us-dollar-index-move-part-1-dxy-uup-usd-trading-chart-algorithm/
Password: SET Protected: Swing Trade Set-Ups (May 15/16 Member Edition) $WTI, #OIL, $BTC, Bitcoin, $AMBA, $AMD, $BLNK, $ITCI,, $SPY, $DIS, $LAC, $BOX, $AAOI more.
Password: AI Protected: How to Trade Pure Storage Earnings in Six Days (Member Edition) $PSTG
Password: WOW Protected: How to Trade Box Earnings Move (Swing Trade Member Exclusive)
Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.
Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)
Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading
Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts
Recent Educational Articles / Videos:
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Melonopoly (@curtmelonopoly) May 13, 2018
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: RCII, DSW, LUV, AMZN, FB & more https://cnb.cx/2xYd2sg
Stocks making the biggest moves premarket: RCII, DSW, LUV, AMZN, FB & more https://t.co/O4tcshG10s
— Melonopoly (@curtmelonopoly) June 11, 2018
21 Stocks Moving In Monday’s Pre-Market Session https://benzinga.com/z/11858247 $NNDM $GNW $RCII $TTPH $EVHC $VSAR $ITRI $AU $RIOT $PCG $KTOV
21 Stocks Moving In Monday's Pre-Market Session https://t.co/o0gg5QJQMT $NNDM $GNW $RCII $TTPH $EVHC $VSAR $ITRI $AU $RIOT $PCG $KTOV
— Benzinga (@Benzinga) June 11, 2018
Tesla Rises, Nano Dimension, Genworth Soar in Pre-market, Amazon Dips –
Tesla Rises, Nano Dimension, Genworth Soar in Pre-market, Amazon Dips – https://t.co/BMCez8ubG4
— Investing.com Stocks (@InvestingStockz) June 11, 2018
Market Observation:
As of 8:42 AM: US Dollar $DXY trading 93.60, Oil FX $USOIL ($WTI) trading 65.08, Gold $GLD trading 1298.31, Silver $SLV trading 16.85, $SPY 278.14, Bitcoin $BTC.X $BTCUSD $XBTUSD 6757.50 and $VIX trading 12.6.
Momentum Stocks to Watch: $RCON, $RFIL $GNW $HCHC $AQMS
News:
Allergan’s atogepant shows positive effect in Phase 2b/3 migraine study; shares up 1% premarket https://seekingalpha.com/news/3362935-allergans-atogepant-shows-positive-effect-phase-2b-3-migraine-study-shares-1-percent?source=feed_f … #premarket $AGN
LabCorp acquires Sciformix https://seekingalpha.com/news/3362950-labcorp-acquires-sciformix?source=feed_f … #premarket $LH
Natural Health Farm announces $20M equity financing agreement https://seekingalpha.com/news/3362949-natural-health-farm-announces-20m-equity-financing-agreement?source=feed_f … #premarket $NHEL
KNAUF To Buy USG In Deal Valued At About $7bln
Neuralstem awarded Phase I SBIR contract to support research into neural stem cell therapy for se… https://seekingalpha.com/news/3362927-neuralstem-awarded-phase-sbir-contract-support-research-neural-stem-cell-therapy-severe-tbi?source=feed_f … #premarket $CUR
Patrick Industries completes acquisition of Marine Accessories Corporation and announces expansi… https://seekingalpha.com/news/3362924-patrick-industries-completes-acquisition-marine-accessories-corporation-announces-expansion?source=feed_f … #premarket $PATK
$CANF #NASH Can-Fite Reports on New Pre-Clinical Developments with Its NASH Drug Namodenoson
$TTPH Announces Data from a Pooled Analysis of IGNITE1 and IGNITE4 Phase 3 Trials
https://finance.yahoo.com/news/tetraphase-pharmaceuticals-announces-data-pooled-103000701.html
$SOL ReneSola Regains Compliance with NYSE Continued Listing Standards http://ir.renesolapower.com/phoenix.zhtml?c=210622&p=irol-newsArticle&ID=2353957 …
$MRK *Merck KGaA Meets Primary Endpoints In Two Clinical Trials Of Tepotinib In Advanced Hepatocellular Carcinoma
$ACHV Achieve Announces Publication of Cytisine Data for Next-Generation Cytisine Molecules
– Envision Healthcare $EVHC to be acquired by $KKR for $46/share
– KeyBanc out positive on Facebook’s Instagram opportunity, seeing IG driving 50+% of incremental ad sales by 2020 $FB
– Sunday’s $40M crypto hack sends Bitcoin price reeling $BTC
https://twitter.com/Benzinga/status/1006143094230847488
Recent SEC Filings:
Recent IPO’s:
Earnings:
#earnings for the week
$ADBE $GOOS $RH $PLAY $BITA $HRB $KMG $YTRA $MIK $SBLK $CASY $LE $FNSR $KFY $TLRD $SAIC $FRED $JBL $LMNR $OXM $SNOA $APPS $PVTL $JW.A $DTEA $TNP $CRWS $CHKE $CULP $AZRE
#earnings for the week$ADBE $GOOS $RH $PLAY $BITA $HRB $KMG $YTRA $MIK $SBLK $CASY $LE $FNSR $KFY $TLRD $SAIC $FRED $JBL $LMNR $OXM $SNOA $APPS $PVTL $JW.A $DTEA $TNP $CRWS $CHKE $CULP $AZREhttps://t.co/r57QUKKDXL pic.twitter.com/LP1JQkCiot https://t.co/LSuIKv5RbB
— Melonopoly (@curtmelonopoly) June 10, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
Please refer to the date on the top of each chart (they are often carried forward).
AQMS $AQMS premarket trading 3.24 up 8.5% #daytrading #swingtrading
Oil Chart (Daily). K.I.S.S. chart has MACD still turned down price on 100 MA. June 11 203 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 11 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
And we’re there Bitcoin $BTC #BTCUSD #Bitcoin #Charting #crypto
Per recent;
This kinda looks like that #sesamestreet Silver trading #SILVER $SLV By the way, yes the 19th target was hit #symmetry
FITBIT (FIT) CHART. Remains in structured intra time frame bullish formation, over 6.14 main support, 6.65 PT in play. $FIT
APPLIED OPTOELCTRONICS (AAOI). Intra daytrading structure weak but still over key support 44.00. Watching. $AAOI
WYNN RESORTS (WYNN) Per last alert, yesterday did bounce, looking for structure now On watch for washout snapback.
$CLDR MACD on weekly curled up long over 17.60 to 18.73
SP500 (SPY) target resistance 278.54 in play. Main resistance in range trim heavy in to it and caution above to 281.00 resistance. $SPY #swingtrading
TESLA (TSLA) Cleared 100 MA to stop just shy of 200 MA resistance. Trim in to 200 MA and 326.82 pivot add above. $TSLA
US Dollar Index (DXY) Test Structure – horizontal Fibs #swingtrading $DXY $UUP #USD
PACIRA Pharma (PCRX) +6.38% yesterday trading 37.50 over 37.05 targets 39.65 40.50 41.85 June 13 if as it confirms. $PCRX
ALLERGAN (AGN) The trade I am looking for is over 165.50 preferrably to follow this trend forward.
VALEANT (VRX) Trade confirming trading 24.82 high of day. Nice trade here.. $VRX #swingtrading #daytrading .
ALLERGAN (AGN) 4 Hour Chart View with Price Targets. $AGN #chart
ALLERGAN (AGN) The trade I am looking for is over 165.50 preferrably to follow this trend forward. YTBD. $AGN #watchlist #swingtrading #chart
If AQMS gets over 50 MA (purple) on Weekly chart targets 9.38 Aug 13, 2018. Bullish scenario.
Volatility Index (VIX). Weekly chart suggests mid July time cycle peak could bring long side RR adv soon. $VIX #chart #symmetry
Markets are so machine controlled now 15 of 19 of these symmetrical targets $SLV $USLV $DSLV #Silver #Chart #Symmetry
LITHIUM AMERICAS CORP (LAC). Primary range support today, bounce, test 20 MA res, targets 7.80 Jan1 trading 5.54 intra. $LAC #swingtrading
MAXIM INTEGRATED PRODUCTS (MXIM) Short side trade went. Bulls in it bounced b4 50 MA weekly. $MXIM #swingtrading
$AAPL premarket over 191.44 intra resistance trading 191.67 premarket. Next resistance near 195.00 #daytrading #swingtrading #chart
Facebook trade – longs should be trimming in to resistance, add above 189.75 for 195.88 June 5 most bullish target. #swingtrading $FB
$IBB on the move trading 108.93 with 112.80 Fib and quad wall resistance. #swingtrading
$GOOGL right up against key resistance – trim in and add above to next. #swingtrading #daytrading
Market Outlook, Market News and Social Bits From Around the Internet:
Five Things You Need to Know to Start Your Day
Get caught up on what’s moving markets.
https://www.bloomberg.com/news/articles/2018-06-11/five-things-you-need-to-know-to-start-your-day
Economic Data Scheduled For Monday
Economic Data Scheduled For Monday pic.twitter.com/Go2ULBepv7
— Benzinga (@Benzinga) June 11, 2018
Brent + WTI net long-to-Brent price correlation disconnected in April.
Net long positions decreased -303 mmb from 1,093 to 790 mmb since mid-April.
Brent price inc+10.42 from $68.34 to $78.76 before falling -1.75 to $77.02.
#OOTT #oilandgas #oil #WTI #CrudeOil #fintwit #OPEC
Brent + WTI net long-to-Brent price correlation disconnected in April.
Net long positions decreased -303 mmb from 1,093 to 790 mmb since mid-April.
Brent price inc+10.42 from $68.34 to $78.76 before falling -1.75 to $77.02.#OOTT #oilandgas #oil #WTI #CrudeOil #fintwit #OPEC pic.twitter.com/2UBGC9aadc— Art Berman (@aeberman12) June 11, 2018
Hedge funds back off #oil as Saudis keep market on its toes
https://bloom.bg/2sOZI4h via @markets #OOTT
Hedge funds back off #oil as Saudis keep market on its toeshttps://t.co/9dXSmiuAtP via @markets #OOTT pic.twitter.com/9es1JLRPcB
— Bloomberg Energy (@BloombergNRG) June 11, 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 the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
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: $NNDM $GNW $OCC $IZEA $VSAR $NETE $AXON $OPGN $CANF $UGAZ $SFIX $RCII $MTCH $HRB $BOIL $TTPH
(2) Pre-market Decliners Watch-List : $EDAP $PTN $AMRH $MARA
(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: $FDC $UMC $MTCH $INCY $EGRX $VNO $BRX $TOT $OXY $HMST $KOS $SGEN $EQNR $XEC $USDP
(6) Recent Downgrades: $EEFT $HST $PK $SEMG $DTE $OLN $SPWR $HST $BDN $ESRT $WLK $OLN $NKTR $OAS $EE $ALE $BNS $DDR
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
Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, $AQMS, $RCII, $DSW, $LUV, $AMZN, $FB, $AGN, $FIT, $VRX, $AAPL, $SPY