Compound Trading Premarket Trading Plan & Watch List Tuesday September 18, 2018.
In this edition: Saudi Oil, Tariffs, $TLRY, $VKTX, $CARA, $PROQR, $SSW, $BABA, $SHOP, $BOX, $FB, $AGN, $AAPL, $DIS, $XBIO, $ARWR, $TSLA, $VIX, $WTI, $SPY, $DXY, $BTC and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notes in red text in this report are more recently important.
- Sept 18 – Lead trader is in the main trading room for market open, mid day review and futures trading today.
- September Live Trading Room Challenge, Coaching, News, Events, Q & A and More: information for existing members, those asking about our services and new on-boarding members
- The main live trading room going forward is open 24 hours a day (regular sessions and futures, with 1 hour breaks every 10 hours for server reboots) live recorded trading with our Lead Trader.The exceptions are; Trade Coaching Boot Camps, special Trading Webinars or if the lead trader is not available.
- Week of Sept 17 – New pricing published representing next generation algorithm models (existing members no change).
- Week of Sept 17 – Next generation algorithm models roll out (machine trading Gen 1).
- Week of Sept 17 – Trading Profit and Loss Published for Q1 and Q2 2018 (a report detailing trading / alert performance of our team).
- Week of Sept 17 – Trading Boot Camp Event videos become available on our website.
- Sept 18 – Raw Trading Boot Camp Videos were emailed to members.
- Week of Sept 17 – The previously recorded Master Class Videos will become available on our website.
- Sept 18 – Previously recorded Master Class Series were emailed to members.
- Sept 14-16 Cabarete Trade Coaching Boot Camp went well, there are a series of post links on this landing page that detail what our itinerary was each day etc.
Machine Trade Coding Team Mandate: In current development and roll-out (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.
Premarket Report: On lead trader availability basis only (the premarket reports are not published every market day).
Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
— Compound Trading (@CompoundTrading) June 30, 2017
Real-time Trade Alerts:
Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Blog / Video / Social Posts / Learn to Trade:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
— Compound Trading (@CompoundTrading) November 6, 2017
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
— Compound Trading (@CompoundTrading) July 23, 2017
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
— Compound Trading (@CompoundTrading) July 23, 2017
Some Recent Chart / Trade Set-Up Reports:
See YouTube, member email direct reports and blog for other recent videos or blog posts. Listed from most recent. Much of the premium member reporting posted below is delayed and may or may not require password.
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.
Trading Plan / Watch Lists. Morning Momentum / Gaps / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
As I wrote yesterday, many of the set ups that we charted and alerted during coaching boot camp are likely to alarm early week, so I’m expecting trades for those, we are also updating the complete platform equity list charting in the same way (re-charting them all and alarming them etc) – so this week and going forward should become very active in the trading room and on alert feeds.
Stocks – Oracle, FedEx Slide in Pre-market, Netflix, Apple Gain, Avon Surges –
Stocks – Oracle, FedEx Slide in Pre-market, Netflix, Apple Gain, Avon Surges – https://t.co/ssMbjoDBnP
— Investing.com Stocks (@InvestingStockz) September 18, 2018
Markets as of 7:04 AM: US Dollar $DXY trading 94.50, Oil FX $USOIL ($WTI) trading 69.72, Gold $GLD trading 1200.48, Silver $SLV trading 14.22, $SPY 290.05 (premarket), Bitcoin $BTC.X $BTCUSD $XBTUSD 6239.00 and $VIX trading 13.2.
Momentum Stocks / Gaps to Watch:
Tilray receives approval from U.S. to import a medical cannabis study drug for a clinical trial … https://seekingalpha.com/news/3390989-tilray-receives-approval-u-s-import-medical-cannabis-study-drug-clinical-trial-uc-san-diego?source=feed_f … #premarket $TLRY
$VKTX Viking Therapeutics announces positive results in trial of non-alcoholic fatty liver treatment
Sempra Energy announces agreement with Elliott Management, Bluescape Energy $SRE http://dlvr.it/QkZ8b9
EMA accepts Bristol-Myers’ marketing application for expanded use of Empliciti https://seekingalpha.com/news/3390991-ema-accepts-bristol-myers-marketing-application-expanded-use-empliciti?source=feed_f … #premarket $BMY $CELG $ABBV
$FB Facebook Sought Access to Financial Firms’ Customer Data
Oil market safe despite trade tensions, Iran sanctions: Al-Falih http://bit.ly/2xoyaUI #OOTT $USOIL $WTI $CL_F $USO
— EPIC Crude Oil Algorithm (@EPICtheAlgo) September 18, 2018
Recent SEC Filings / Insiders:
Gritstone Oncology sets terms for IPO to raise up to $91.1 million
Qutoutiao prices IPO at $7 per ADS, raising $84 million
Navios ceases plan for IPO on Nasdaq
Tesla rival Nio to go public after pricing IPO at low end of expectations
Zekelman Industries to offer 41.8 million shares in IPO, priced at $17 to $19 each
Eventbrite to offer 10 million shares in IPO priced at $19 to $21 each
Cancer blood-testing company Guardant Health files for IPO.
Eli Lilly’s Elanco sets IPO terms to raise up to $1.45 billion before options
#earnings for the week
$MU $ORCL $FDX $AZO $RHT $GIS $CBRL $DRI $APOG $THO $UNFI $CPRT $MLHR $SCS $SMMT $AMRK
— Curtis Melonopoly (@curtmelonopoly) September 17, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Trade Alerts, Open and Closed Trades:
Please refer to the date at top left of each chart (charts are often carried forward for sometime).
VIKING THERAPEUTICS (VKTX) premarket up 140% on liver trial news. $VKTX #premarket #daytrading
$MYND needs that 50 MA on the weekly to get going above where it is IMO
Seaspan (SSW) over 9.50 intra should see lower 10s fast, trading 9.34 intraday. $SSW #daytrade #swingtrade #tradealerts
G1 THERAPEUTICS (GTHX) at intra day model support, could bounce here targets near 70 first if so $GTHX #tradealerts
SHOPIFY (SHOP) is working the area between main pivot (red line) and upper price target $SHOP #tradealerts #swingtrading
SP500 (SPY) Chart – Came off at test area around pivot on 60 min chart, above box long below short $SPY $ES_F $SPXL $SPXS #SPY #SwingTrade #Daytrade
US Dollar Index (DXY) Algorithm support area test 94.50, 94.04 break bounce area $DXY $UUP #USD #tradingalerts
ALIBABA (BABA) got a bounce at 100 MA under rane support, watching close here now $BABA #tradealerts #swingtrading
BOX INC (BOX) Box testing support, short under red box support, down side targets at arrows in sell-off $BOX #Swingtrading #daytrade #tradealerts
CARA THERAPEUTICS (CARA) Testing break-out area intra-day. On watch. $CARA #tradingsetups #tradealert
PROQR THERAPEUTICS (PRQR) Bounced at support range (box) now at key res, over 22.70 targets 24.85 fast then 27.55 $PRQR #swingtrading #daytrade #tradealerts
Crude Oil Daily Chart, MACD turning back up with price above 50 MA Sept 17 623 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart
SHOPIFY (SHOP) Per Sean alert in live daytrading room yesterday $SHOP got over resistance today targeting 166s next #tradealerts #daytrade
BOX INC (BOX) Swing trading plan well in play with nice bounce off 50 MA on way to symmetrical price target. $BOX #Swingtrading #TradeAlerts
$BABA long side premarket 165s swing trade targets 178.67 then 207.50 Dec 17, 2018. #swingtrading #trade #alerts
XENETIC BIOSCIENCES INC How to trade XBIO charting set-up number 1. $XBIO #swingtrading #tradealert
ALLERGAN (AGN) Chart structure reversal in to channel following call perfectly at this point. $AGN #swingtrading #chart
FACEBOOK (FB) On watch for wash-out snap-back trade now, main support and resistance marked on chart $FB #swingtrade #daytrade
DISNEY (DIS) From this target above 110.50 targets 118.00 area and below targets 103.00 area. $DIS #swingtrading #daytrading
APPLE (AAPL) If it doesn’t get a bounce here at 20 MA then 212.65 is the retracement point to try for a bounce. $AAPL #swingtrading #daytrading
ARROWHEAD PHARMA (ARWR) Upper parallel trending channel per previoys clearly in play at this point. $ARWR #swingtrading #daytrading #chart
TESLA (TSLA) Wash out playing out as expected-alerted, watch Fri time cycle peak for trade of 280. $TSLA #daytrading #swingtrading
VOLATILITY (VIX) So we have a MACD turn up on weekly chart structure, Stoch RSI SQZMOM up, 20s possible Oct 1. $VIX $TVIX $UVXY #volatility #chart
BITCOIN (BTC) Wedge chart pattern on daily time-frame chart. $BTC $XBT $XBTUSD #Bitcoin #Chart
Market Outlook, Market News and Social Bits From Around the Internet:
-China vows retaliation
-Saudi happy with $80 Brent
Investors are going all in on the global divergence trade https://bloom.bg/2D7uKvU
Investors are going all in on the global divergence trade https://t.co/0n9qenMdbn
— Curtis Melonopoly (@curtmelonopoly) September 18, 2018
OPEC is warning of threats to #oil supply from large producers like Iran
https://bloom.bg/2NkagVj via @business #OOTT
— Bloomberg Energy (@BloombergNRG) September 18, 2018
Confidence in the global economy over the next 12 months has declined to the weakest in near 7 years, shows #MerrilLynch Global Fund Manager Survey.
— YUAN TALKS (@YuanTalks) September 18, 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: $VKTX $APHB $TLRY $AVP $RDCM $EYES $NTNX $NBEV $QTT $OILU $UWT $UNP $ACBFF $ATRS $FTI $PDD
(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:
Providence Service $PRSC PT Raised to $107 at CJS Securities
Buy Nutanix $NTNX on ‘Unfounded Media Rumors’ – Needham & Company
$TRGP $VALE $UHS $SGRY $MD $LB $GFI $UNP
AMD, Nvidia stocks gain after Mizuho hikes target
(6) Recent Downgrades: $UAL $WK $BKU $FTNT $PLYA $DISCA $PRI $RHT $AU
Citi Downgrades Primerica $PRI to Sell
$FB-Facebook stock price target cut to $195 from $205 at J.P. Morgan
UBS downgrades Fortinet on “priced in” momentum https://seekingalpha.com/news/3391006-ubs-downgrades-fortinet-priced-momentum?source=feed_f … #premarket $FTNT
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
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).
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@), $VIX (@), $SPY (@), $GLD (@), $SLV (@), $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, Stocks, Trading Plan, Trade Alerts, Trading Room, Swing Trading, Day Trading, Saudi Oil, Tariffs, $TLRY, $VKTX, $CARA, $PROQR, $SSW, $BABA, $SHOP, $BOX, $FB, $AGN, $AAPL, $DIS, $XBIO, $ARWR, $TSLA, $VIX, $WTI, $SPY, $DXY, $BTC