My Stock Trading Plan for Tuesday Dec 6, 2016 in Chatroom. $TXMD, $NVCN, $EEM $LPCN $DVAX $DNAI $GOLD $SILVER $USOIL $WTI $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Tueday Wall Street trading short day session!

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 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 (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: $TXMD $NVCN $UGAZ $DEPO $REXX $DRYS $BOIL $ENPH $SAGE $ESEA $P $UNG $HSBC $RBS $EYEG $DB 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: $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

From last night’s trading results:

There are a tonne of set-ups in the market right now. Bios coiled hard this morning. Emerging markets, $EEM, $LPCN, $DVAX, $DNAI and my buddy’s $SRPT and others are setting up. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS is getting close to resistance. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since Nov 30 break-out (so this makes trading oil related easier for me) and I’m not sure what $SPY will do.

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

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: 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.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: As pre previous…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: Looking for an entry a full levels down 12.2 long.

Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

US Dollar may come off in to downtrend soon – seeing some areas of global markets that are becoming interesting here. Watch emerging markets close too!

Pre previous: Inflection point. No clear direction. $USD/JPY not backing off yet. Our $DXY algo had 100.50 as a PT so I’m watching. Lots of fundamentals at work here and geo.

My Trading Plan for Currencies / Global Markets:

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Waiting for a long trade confirmation. I am currently in $JDST which wasn’t the best idea considering the are buying the dips in Gold and selling the rips (per post market blog post yesterday).

My Trading Plan for Gold:

Per previous;

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

Crude is trading within its range. Until it breaks its recent highs it isn’t bullish and until it breaks its recent lows – same thing. So I will trade the range if at all.

Outlook: Per previous – trading range.

Trading Plan: Oil equities.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

I put out a tweet yesterday and mentioned in room it was getting in to resistance and it has come off a bit here – it will be interesting to see if it gets up and over.

$NATGAS Resistance

$NATGAS Resistance

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $TXMD, $NVCN, $EEM ,$LPCN, $DVAX, $DNAI, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS


My Stock Trading Plan for Monday Dec 5, 2016 in Chatroom. $GOLD $SILVER $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Monday Wall Street trading short day session! This is a complimentary premarket newsletter along with our first Monday of the month free trading room access!

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 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 (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: $CGIX $FRP $BLCM $UGAZ $HTBX $TRIL $LBIO $FGP $CHMA $VNR $BOIL $NAK $KEM $CEMP $BAK 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: $SGY (current swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

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

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: 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.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: Looking for an entry a full levels down 12.2 long.

Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Inflection point. No clear direction. $USD/JPY not backing off yet. Our $DXY algo had 100.50 as a PT so I’m watching. Lots of fundamentals at work here and geo.

My Trading Plan for Currencies / Global Markets:

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Waiting for a long trade confirmation.

My Trading Plan for Gold:

Per previous;

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

Refer to EPIC’s Twitter feed.

Outlook: Per previous

We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Oil equities.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

Pre previous;

As I said, was waiting for 3.10 with back test. I was also waiting for it to get up over 200 on 1 week and back test. Looks like it could be a break-out!

$NATGAS

$NATGAS

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $SGY, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS

 


Review of my Chat Room Stock Day Trades and Alerts for Friday Dec 2, 2016. $JUNO, $CBMX $SGY, $EVHC, $VTNR, $ASNA, $USOIL, $WTI and more.

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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

Friday was very quiet for me. The Italy referendum was on deck, $USOIL $WTI Oil was at it’s Fib and algo resistance and $GOLD $SILVER were in holding patterns (getting jiggy), $GDX miner’s were starting to get jumpy and the morning momo’s were not set-up extremely well (although some morning momo traders I know did get some scalps – most of those specific traders seen red momo morning).

I am still holding $CBMX, $JUNO and $SGY.

Primary Lessons That May Help Your Trades:

No lessons Friday from my trades as I was waiting for trend confirmations (inflection point in markets). I did have one trader DM me and challenge me on my sitting on hands with $SILVER and $GOLD etc…. I simply responded that when it’s time to hammer down I will stay in the trend and add at pull-backs and that time is easily made up for.

Announcements in Trading Room:

08:50 am Curtis M : Gainers and Losers http://thestockmarketwatch.com/markets/pre-market/today.aspx

10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT

Stock Chat-room Trading Transcript:

09:23 am Curtis M : Gainers: $NVCN $NVFY $FIVE $HTBX $SGY $BAK $VNR $SEMI $BNSO $ULTA $MTU $BCEI $GOGL $JCP $ARWR $DGAZ $TLK $BIG $IM $RICE
09:42 am mathew w : Early day for me so not many moves. Just hit CRM dec9 70’s for a bounce back after last night’s flush
09:52 am Curtis M : New 52wk Highs: $EPM $SLM $VASC $WBS
10:04 am Curtis M : Watching $VIX $NUGT $$USD/JPY
10:12 am GS CT : What could? Gold?
10:12 am GS CT : Thanks.
10:18 am GS CT : What is your preferred Gold ticker to play? NUGT GDX ??
10:20 am mathew w : JUNO moving for you guys who took the trade and got underwater
10:20 am mathew w : I’m out for the weeked. Have a good trading day and weekend all
10:20 am GS CT : Me too. it can have erratic price moves though.
10:21 am susan woo : Curtis, you interested in buying AUMN? I’m in already
10:21 am susan woo : Steady Eddy, wish it would go
10:23 am susan woo : NAK another good one
10:32 am susan woo : The gold reversion time is around early January? I missed what you were saying ealrlier
10:38 am susan woo : thanks
10:44 am GS CT : Before it goes higher or lower?
10:44 am GS CT : SPY
10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT
10:54 am Curtis M : If oil blows thru 51.77 it could really run FYI
10:56 am Curtis M : OIl has lots of room above 51.77
11:52 am Curtis M : Just runniing scans until it picks up
01:52 pm Curtis M : Next stop for Oill 51.77 and lots of room above
02:05 pm Curtis M : Leaders $EVHC 211% $VTNR 22.86% $ASNA 21.01%
02:47 pm GSCT . : Think oil will backtest here. Has tht look.
02:48 pm GSCT . : That was actually a question.
03:04 pm Curtis M : $SGY pinch 20 and 100 on the 3
03:05 pm Curtis M : oil = bull
03:56 pm Curtis M : A little $VIX insurance not a bad thing here #Italy if you’re holding large over weekend FYI
03:56 pm Curtis M : OIL bulls not letting go
04:00 pm Curtis M : Well… lackluster day but excellent set up for Monday IMO
04:00 pm Curtis M : over and out have a great weekend!

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SGY, $JUNO, $CBMX, $USOIL, $WTI, $GOLD, $SILVER, $GDX


My Stock Trading Plan for Thursday Dec 1, 2016 in Chatroom. $GOLD $SILVER $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Thursday Wall Street trading short day session! There isn’t much new here – we’ve been unusually busy with algos! When free time allows today we will be reviewing algos in the room etc.

Algo work – EPIC is going to Patent this Monday – expect significant price increases this weekend. We will grandfather existing subs – yes. EPIC also is going to have 24 hour room of his own and futures trading starting sometime Jan. GOLD and SILVER algo price increases this weekend also. DXY SPY VIX beta algos published over coming days not weeks.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 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 (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: Shippers, Energy, $BLUE $CLRB $BSTG $CBK $CLC $DRYS $GLBS, $DCIX $COTV $LEI $SDRL $SKX $UGAZ $UWTI $QIWI $WLL $CS $CHK $OAS $JDST $UCO I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: $ARDM I will update before market open or refer to chat room notices.

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

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

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: 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.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here and Monday morning and it came. I’m looking for a long entry soon. I’m thinking we don’t see it cool again until near Christmas – we’ll see.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: As warned Friday volatility was getting cheap and a pop was imminent and we got it. I expect volatility to get crushed between now and Christmas. Again, we’ll see.

Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Inflection point. No clear direction. Our $DXY algo had 100.50 as a PT so I’m watching. Lots of fundamentals at work here and geo.

My Trading Plan for Currencies / Global Markets:

Per previous;

$UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Review Rosie the Gold Algo posts. We’re waiting for a market direction and then algo will calculate targets.

My Trading Plan for Gold:

Per previous;

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

 

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

 

Refer to EPIC’s Twitter feed.

Outlook: Per previous

We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Oil equities.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

Pre previous;

As I said, was waiting for 3.10 with back test.

BUT there is the 200 day on the 1 week chart – omminous! It could be resistance.

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS

 


My Stock Trading Plan for Tuesday Nov 29, 2016 in Chatroom. $SKLN, $JUNO, $ANF, $URBN, $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Tuesday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo, Rosie the Gold Algo and SuperNova Silver on this blog this morning.

We are working on $SPY, $VIX, $DXY algo blog posts now and will be ready for release this week.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 if I have time).

I posted a video series this weekend on wash-out snap-backs.

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 (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: $CYTR $CBMX $OCUL $MIME $DWTI $HTBX $P $JDST $TIF $DUST $SCO $ZTO $PZRX $FBR $DGAZ $AMD $BCS $DB 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: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

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

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: 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.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here and Monday morning and it came.

$SPY

$SPY Intra Day Trading – White arrow was alert on blog of imminent pull back.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: As warned Friday volatility was getting cheap and a pop was imminent and we got it.

$VIX

$VIX White arrow was blog post warning of imminent elevation in price.

I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: From yesterday blog

“As I warned last week “Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points”.

Watch it close – I expected a pull-back but expect it to run again.”

It’s running again.

$USD/JPY

$USDJPY Blog at first arrow warned of pull-back and at second arrow that it could take off again.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

There is a full blog post this morning Nov 29 so I’ll ask you to refer to it – read it closely. Take a look at Rosie the Gold Algo Twitter feed and Gold blog post update from this morning (and if you haven’t seen the recent ones it’s best to review them too if you’re trading Gold).

My Trading Plan for Gold: I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold, there is a full blog post this morning Nov 29 so I will ask you to refer to it and you can also check out SuperNova algo Twitter feed if you like.

Read the post carefully before trading Silver please!

My Plan for Trading Silver: Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

As with Gold and Silver, there is a complete blog this morning Nov 29 that I will ask you to refer to.

IMPORTANT: Watch out for OPEC! Decision to come at latest tomorrow Nov 30 they say!

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Of course I am waiting for OPEC decision but am in long $UWTI on small position in swing account. I commented on this in trading review from last night.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

As I said, was waiting for 3.10 with back test.

BUT there is the 200 day on the 1 week chart – omminous!

$NATGAS

$NATGAS Looks like a possible short at 200 day on 1 week to me.

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CYTR, $CBMX, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS


Silver Trading Chart Update Nov 28 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

November 29, 2016 SuperNova Silver Algo Charting Trading Report.

My name is SuperNova the Silver Algo. Welcome to my new Silver trade report. These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here SuperNova Silver Algo Twitter Feed. IMPORTANT: Be sure to review my previous post on this blog (and my Twitter feed) as these posts are a micro part of the whole picture required to use my work for a trading edge.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of Silver.

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will be given step by step training in all the information I use and all the advanced charting I produce on an intra-day basis.

Silver Trading Observations:

At time of writing Silver is trading at 16.54. Some thoughts that may help advance you trading edge;

$SILVER, Chart

$SILVER intra-day 16.54. $SLV $USLV $DSLV

$SILVER, chart

Above 618 FIb still on 1 day. $SILVER intra-day algo chart worksheet 607 AM Nov 29 $SLV $USLV $DSLV

Watch these fibonacci levels on the 1 day – they will give you a trading range.

$SILVER, chart

20 50 100 200 MA still not aligned for break-out on 15 min. $SILVER intra-day algo chart worksheet 612 AM Nov 29 $SLV $USLV $DSLV

Taking a trade long until these are lined up isn’t a great idea.

$SILVER, chart

Price over algo price target. Waiting for trade trigger. $SILVER intra-day algo chart worksheet 612 AM Nov 29 $SLV $USLV $DSLV

Price – Trigger – Trade. If you don’t know what this means you need to do some study. Google. Wait for your trigger before you trade it follks! I will help you with levels and algo targets but I can’t teach everyone the basics. Not trying to be cheeky – just fact. You shouldn’t be trading with-out the basic 101 price, trigger trade knowledge in place. Comments as a result of a number of people recently telling me they don’t understand the charting. If you want to understand the charting and actually profit trading you need the basics first. $STUDY.

$SILVER, chart

Intra-day Fib levels to watch. $SILVER intra-day algo chart worksheet 627 AM Nov 29 $SLV $USLV $DSLV

For the snipers…. here’s your levels intra – but respect the above warnings please.

Indicators:

As I explained above, my Silver algorithm is a mash-up of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This “mash-up” is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

We won’t be publishing alpha algo targets and algo trend-lines for my algo and the four others that have not yet until our trading room is private to subscribers only on Dec 1, 2016. We have proven our algorithms through the transparent development of EPIC the OIL algo and all five other algos have consistently nailed their targets. So subscribers can look forward to the targets (as you have seen us publish regularly for EPIC the Oil Algo – if you aren’t aware check out his Twitter feed and 92% win rate).

Good luck with your trades and look forward to seeing you in the room!

SuperNova Silver Algo

Article Topics: SuperNova Silver Algo, Commodities, Stocks, Wallstreet, Trading, Chatroom, Silver, Chart, Fibonacci, Indicators, Algorithms, $SILVER, $SLV, $USLV, $DSLV


My Stock Trading Plan for Monday Nov 28, 2016 in Chatroom. $SKLN, $JUNO, $ANF, $URBN, $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Monday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo, Rosie the Gold Algo and SuperNova Silver on this blog this morning.

We are working on $SPY, $VIX, $DXY algo blog posts now and will be ready for release this week.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 if I have time).

I posted a video series this weekend on wash-out snap-backs.

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 (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: $CUBA, $HTBX, $IDRA, $UGAZ, $TIME, $JNUG, $NUGT, $UNG $LABD $MDGS $USLV $DWTI $TVIX $UVXY $AG $UGLD – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

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

(5) Upgrades: $ZION $USB $CMA $NTES $WPX $HZNP $BRX $LNN $FMC $DE $CNHI $AVD $AGCO $LB $GPS $FHN $ESS $AVB $DRE $PLD $DFT $SWN $AKAO $COP $FNSR

(6) Downgrades: $HBAN $C $TUP $HAS $BPFH $ASB $RNST $WFC $RF $HLT $KRC $MAR $CEB $CRHM $RHI $SQM $MHLD $MET $HRB $HIG $PNRA $SF $MENT

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

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here – so watch close now.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: As warned Friday volatility was becoming cheap insurance – it’s getting a pop this morning – so watch carefully now. I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: As I warned last week “Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points”.

Watch it close – I expected a pull-back but expect it to run again.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

There is a full blog post this morning so I’ll ask you to refer to it – read it closely. Take a look at her Gold Twitter feed and Gold blog post update from this morning.

My Trading Plan for Gold: I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold, there is a full blog post this morning so I will ask you to refer to it. Silver blog post update this morning.

Read the post carefully before trading Silver please!

My Plan for Trading Silver: Same as Gold, I’m going to start chewing around the edges of stocks like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

As with Gold and Silver, there is a complete blog this morning that I will ask you to refer to. Oil charting update.

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

As I said, was waiting for 3.10 with back test – it’s back testing now!

$NATGAS

$NATGAS I was looking for 3.10 with a back-test – here’s the test.

Other Sectors, Indices, International Etc:

na

Study:

Watch that $SKLN wash out snap back trade if you want to learn your indicators!

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $VIX, $SPY, $NATGAS


Silver Trading Chart Update Nov 28 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

November 28, 2016 SuperNova Silver Algo Charting Trading Report.

My name is SuperNova the Silver Algo. Welcome to my new Silver trade report. These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here SuperNova Silver Algo Twitter Feed.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of Silver.

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will be given step by step training in all the information I use and all the advanced charting I produce on an intra-day basis.

Silver Trading Observations:

At time of writing Silver is trading at 16.67. Some thoughts that may help advance you trading edge;

$SILVER

$SILVER intra-day price. $SLV $USLV $DSLV

First Some Review to Understand Context of My Algo and Charting:

$SILVER @SuperNovaAlgo nailed price target posted last fee months on Silver! $SLV $USLV $DSLV Algos dialing in nicely.

Silver – Grey bar on chart shows price target we published at arrow. ($USLV, )

Silver – On the 5 min you can see clearly how price action came right in to our price target. ($USLV, )

Silver – Here’s what happened last time 20 50 100 200 on 15 lined up. ($USLV, )

$SILVER Bounced off algo price target and FIB key level. $SLV $USLV $DSLV

$SILVER 20 MA has crossed 50 MA on 15 min (see previous post on 20 50 100 200 on 15 min). $SLV $USLV $DSLV

$SILVER Has to defend the key Fib level and 20 50 100 200 on 15 min have to line up for break-out. $SLV $USLV $DSLV

Indicators:

As I explained above, my Silver algorithm is a mash-up of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This “mash-up” is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

We won’t be publishing alpha algo targets and algo trend-lines for my algo and the four others that have not yet until our trading room is private to subscribers only on Dec 1, 2016. We have proven our algorithms through the transparent development of EPIC the OIL algo and all five other algos have consistently nailed their targets. So subscribers can look forward to the targets (as you have seen us publish regularly for EPIC the Oil Algo – if you aren’t aware check out his Twitter feed and 92% win rate).

Good luck with your trades and look forward to seeing you in the room!

SuperNova Silver Algo

 

Article Topics: Commodities, Stocks, Wallstreet, Trading, Chatroom, Silver, Chart, Algorithms, $SILVER, $SLV, $USLV, $DSLV

 


My Stock Trading Plan for Friday Nov 25, 2016 in Chatroom. $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $NATGAS … more.

Welcome to the Friday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo and Rosie the Gold Algo on this blog and some updates on SuperNova Silver Twitter Feed (blog post in process) and we are working on $SPY, $VIX, $DXY algo blog posts over weekend. Sorry we’re running a little behind, but there’s been a massive to-do list getting room up and running properly and quite frankly these are not normal markets.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 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 (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:  – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (wash-out on news), $SKLN (wash-out on news), $JUNO (wash-out on news) $URBN (wash-out on news).

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

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

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – but a pull-back will come soon – so watch close now.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: Volatility is becoming a cheap insurance – so watch carefully now. I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: The real story here right now obviously is the $USD/JPY trade and various other currencies being pounded by the US Dollar. Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

As you likely know Gold hit Rosie the Gold Algo price target she predicted months back! Yeehaw! So watch it close now. Take a look at her Gold Twitter feed and Gold blog post update from this morning.

My Trading Plan for Gold: I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

$GOLD

$GOLD Algo intra work sheet charting. Nov 25 754 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold our Silver algo SuperNova the Silver Algo nailed the price target! Yeehaw x 2!

There are a number of posts on his Twitter feed and a full blog post will be out this weekend.

My Plan for Trading Silver: Same as Gold, I’m going to start chewing around the edges of stocks like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ)

Natural gas IMO isn’t ready until it breaks 3.10 on back-test. So that’s what I’m watching for.

Other Sectors, Indices, International Etc:

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Study:

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $NATGAS


My Stock Trading Plan for Wednesday Nov 23, 2016 in Chatroom. $LLI, $JUNO, $IBB $LABU $LABD $AXON, $SKLN, $USOIL $WTI, $NATGAS … more.

Welcome to the Wednesday Wall Street trading session!

Algo work – As of right now our algorithms are calculating and we are commencing publication of algo charting for the following charting starting this morning for: $SPY, $USOIL $WTI, $VIX, $DXY, $GOLD, $SILVER – any not completed before market open will be available prior to market open Thursday! Sorry we’re running a little behind, but there’s been a massive to-do list getting room up and running properly and quite frankly these are not normal markets.

Get ready for a huge day!

Market Outlook

$JUNO – 30 and $LLI Eli Lilly and others are getting smoked this morning – so the obvious watch is this basket / sector. $IBB $LABU $LABD $AXON all on watch too.

EIA is at 10:30 EST

Gas as 12:00 EST

Urban outfitters down 10%

Durable goods higher than expected… treasury way up.

Weekly Jobless Claims as expected.

Generally speaking the markets obviously are in a Trump win rally (which we predicted and posted prior to the election – just keeping it real). BUT, now here’s the warning!

Our algorithms posted long time ago $DXY US Dollar price target of 100.50 (which it hit and continued to rally), $GOLD price target not far below where it is trading now, and a $SILVER price target not far below where it is trading now. Of course we published algo targets and various info for the others including $SPY, $VIX and FX: $USOIL $WTI – but for the purpose of this warning – this is about the dollar, gold, and silver.

The warning is that we fully expect a rip in Gold and Silver and for the $USD/JPY to back off. This will create a series of snap-back scenarios… too many to post right here right now. SO IN SHORT, I am saying that we don’t expect the broad global markets to continue on a bull train for much more than say about 10% ish at most more. NOW CAREFUL, I am not saying the S&P 500 for example only has 10% more to the upside – not at all (I posted long before the election we had targets for a face ripper rally in $SPY after the election). BUT WHAT I AM SAYING is that many sectors are going to have a snap-back.

So watch closely over the coming days and weeks for that in various areas of the market. We expect commodities like Gold and Silver to snap back, the $USD/JPY to back off, the price of oil to rally in to the spring and a number of other areas of markets.

SO THIS MEANS (for me) that I need to get on a complete exploratory of opportunities this will represent – I hope to have something consolidated this weekend.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter 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 (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: $REXX $DE $LABD $ZBIO $TXMD $AVXL $VEEV $JDST $CNHI $MRNS $GME $OPTT – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List:   – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (watching for exit on my swing), $SKLN for wash-out and snap-back, Steel $X, $AKS, $NUE, $CLF, .

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

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

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – but a pull-back will come – so watch close now.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: The real story here right now obviously is the $USD/JPY trade and various other currencies being pounded by the US Dollar. Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

On Friday I wrote and it still stands,

For me Gold and Silver is going to be the big story soon. It should start to get some lift if only for a short time and that process may go on for a while – so I will snipe as that occurs. I have started to chew around the edges with tight trades but nothing yet. The idea is to get on the winning side of the reverse when it occurs. Watching $USD/$JPY close and $DXY and $FXY for clues on Gold and miners movements.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As I wrote on Friday,

As with Gold I’m awaiting buy trigger on Silver – here again I will chew around the edges sniping until the reverse trend occurs.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ)

Other Sectors, Indices, International Etc:

Healthcare on watch. Treasuries on watch.

Study:

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 (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

 

Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $LLI, $JUNO, $IBB $LABU $LABD $AXON, $USOIL $WTI, $NATGAS