Review of my Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb , 2017; $JDST, $JAGX, $SKYS – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

Text highlighted in red below is new to today’s commentary.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

Public Webinar Schedule: Tomorrow!

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

Date: Saturday Feb 11, 2107

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

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

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

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

5:00 Trading Room – Introduction to our Trading Room

New article on our blog: Keep it simple charting (amazing how you make consistent and predictable returns trading the simplicity of some charts).

New article on our blog:

Per previous;

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

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

Of course Mathew and the crew in the room continue killing it – awesome.

Day started with one of our traders alerting in early premarket $JAGX and just nailed it perfect – huge gains of up to 70% for some. 

My morning momo (small) was a small loss and then later in the day I started to leg in to a $JDST trade (explanation below).

Swing trading members just got better today of course with the market action!

Trading, Results, Market, $JDST, Swing

$JDST Exciting last few minutes.

Premarket, Stocks, Trading, Plan, $JAGX

$JAGX Premarket Win for Flash G 71

Per previous;

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

Momentum / Note-able Stocks Today (via FinViz):

Ticker Last Change Volume Signal
AQMS 16.16 41.63% 3516955 Top Gainers
SKYS 2.53 41.21% 9018631 Top Gainers
BIOC 2.19 29.59% 17606621 Top Gainers
RXDX 7.35 27.83% 1309584 Top Gainers
BANC 19.75 22.67% 7271076 Top Gainers
ACOR 24.65 20.83% 5265495 Top Gainers
AQMS 16.16 41.63% 3516955 New High
OSUR 10.49 18.53% 4849718 New High
PLSE 7.55 5.30% 19200 New High
TTMI 17.06 9.57% 6723300 New High
WOOF 90.78 0.07% 1370900 Overbought
AAPL 132.42 0.72% 27991000 Overbought
SKYS 2.53 41.21% 9018631 Unusual Volume
MCHX 2.95 16.14% 7069500 Unusual Volume
OLEM 16.55 0.73% 222633 Unusual Volume
SIF 7.30 -4.79% 233219 Unusual Volume
ALV 105.02 1.04% 665300 Upgrades
ACAT 18.56 -0.43% 199600 Earnings Before
USAK 7.98 1.14% 155853 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing) $DUST, $JDST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM

Looking Forward:

I am watching our standards that apply to our algorithmic charting, as follows;

US Dollar $DXY

Yesterday I wrote, “US Dollar $DXY is at important support so I will watch for a bounce (my personal bias)”. Today it did in fact bounce. The algorithmic model had noted a minor divergence as did the classic charting so I took a late day trade in $JDST (going well).

And there are the really important long term chart MA indicators that are not bearish $DXY that should be in mind.

Gold – Gold Miner’s – Silver

Per yesterday,” $GOLD, Miners and $SILVER blew through resistance but have a series of very significant algorithmic chart modeling and classic charting decisions on deck soon so I will watch for a pull-back (my personal bias but I do know there is a significant possibility my bias is wrong and if so I will really hammer down on the move through resistance long if it occurs – AND I’ll be ready for the small and micro caps that would likely light fight in that scenario)”.

Gold struggled at the second last resistance decision (at the algorithms symmetry extension on Rosie the Gold Algo charts – yellow line) and came off. And then when it failed the diagonal Fib based algorithm trendline (white dotted on Rosie’s charts) I took my trade in $JDST. In overnight trading this hasn’t been regained so there are 3 important resistance levels in Gold on our algorithm has before our algo considers the uptrend continued – so I will watch. Also of consideration for this trade is the announcement from Trump and Japan’s Abe expected Friday at 1:00 EST.

Crude Oil

Yesterday. “$OIL was broke and it magically repaired and is back in its multi-week range – trade the range until really broke.” On Thursday oil continued to trade within the sideways range it has been in for weeks – so yes, magically repaired chart. I believe there was evidence Wed and Thur of how our markets are “managed” – even oil.

There are OPEC meetings this weekend so that is in the mic also.

Volatility

$VIX is still near dead – records being set.

$SPY S&P 500

Per yesterday, “$SPY continues in its range but I will be looking for a break to higher (my personal bias)”. $SPY did break out on Thursday as expected so I am studying opportunity.

Per yesterday, “Still playing morning momos but the last 15 sessions follow-through momo (where I bank) has been difficult because volume goes poof”. This still the case but this morning premarket was a bit stronger but follow through wasn’t great (even though it was better).

Swing Trading Newsletter Service:

Per yesterday, “Swing trading – continuing to bank on that side of our platform and don’t expect that to slow down in 2017 (until a change in market conditions of course)”. And of course this only got better today for our swing traders with $SPY break-out and related equities. There are a host of stocks in the service being traded such as $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK and more.

Weekend webinars we are hosting to review all of our algorithmic modeling, swing trading and what we do in our trading room will be as good for me as it will be for attendees because it will be a refresh of all the charting and a good way to get ready for next weeks trading.

Earnings on deck:

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

Announcements in Compound Trading Chat Room:

NA

Compound Trading Stock Chat-room Transcript:

08:24 am Flash G : Curt you should have taken that DM buy alert I sent you on $JAGX this morning up 72%
08:25 am Curtis M : busy busy premarket lol but thanks
08:46 am Flash G : $ETRM news too
09:04 am Flash G : yippee $JAGX may take out high
09:04 am Cara R : exc play flash
09:11 am Flash G : wow so close
09:30 am Cara R : Long $JAGX
09:31 am Cara R : 1.08 sstop 1.01
09:32 am John M : Starter $DWRI
09:32 am John M : $VICL momo too
09:34 am Dawn H : $ETRM scalps look possible
09:35 am Greg L : $BIOC nice!
09:36 am Paul M : Adding to $ANIP for break-out set up
09:37 am Wendy N : $ANIP good pick – good structure
09:39 am Susan S : i agree on $ANIP
09:42 am Curtis M : Long $SKYS 352 small start
09:46 am Nicholas Winton : morning! hoping $GENE gets mean, nearing 50 dma
09:48 am MarketMaven M : $AMZN lolol
09:49 am Nicholas Winton : $ASM holding nicely, my top pick
09:49 am Cara R : $IKGH bottom play
09:49 am Mathew Waterfall : Quiet morning for me. Waiting for these metals and miners to figure themselves out. Miners should play catch up here after early weakness as gold is now putting a nice move in
09:49 am Curtis M : 3.28 out 600
09:53 am Mathew Waterfall : $PLG also hit my mark so I’m now looking to reenter on a pullback if it ever comes. With platinum flying it might not happen for a while
09:56 am Dawn H : $CXRX byeeeee
09:56 am Luisito Ramone : Hi everybody. What’s the idea for oil? is a good time to sell? I’m long 51.5 more or less since closure yesterday …
09:56 am Mathew Waterfall : what just happened with the dollar? Bond auction?
09:58 am Curtis M : decent entry luis nice
09:59 am Luisito Ramone : (52.5 … 51.5 too good to be true …)
10:00 am Curtis M : Sorry guys its really busy in here
10:00 am Curtis M : Getting updates
10:00 am Luisito Ramone : and Matthew: gold still a hold, isn’t it? I’m long 700 NUGT 11.75 …
10:02 am Mathew Waterfall : This spike isn’t great. I’m out of some of my holdings taking profits on the way up
10:02 am Curtis M : Oil I would watch that white dotted line diagonal where price is at – over is long and there;s a fib at 53.03 res
10:07 am Mathew Waterfall : Watching GDX for a double bottom of 5′
10:07 am Curtis M : Hey Nich
10:10 am Nicholas Winton : $URRE worth watching
10:11 am Curtis M : was going to ask you about $GENE – what was your PT?
10:13 am Curtis M : I know many don’t agree with me but the dollar is in a dangerous place – it could rev up
10:13 am Nicholas Winton : it’s a low float bio- if it attracts enough volume it could run to 1.30-1.40
10:13 am Nicholas Winton : or higher
10:13 am Nicholas Winton : looks like finishing a double bototm
10:13 am Curtis M : Rihgt Thanks! I think u told me that
10:14 am Nicholas Winton : had a crazy spike in high 2s a while back
10:14 am Nicholas Winton : they have some interesting cancer tests breast and colorectal
10:15 am Nicholas Winton : volume has dried up and its drifting up, as is RSI
10:17 am Curtis M : That $DXY chart s divergent from downtrend – could reverse easily
10:18 am Curtis M : As far as model is concerned $DXY is mid range n its current quadrant thick pink triangle
10:18 am Nicholas Winton : btw Uranium stocks look good $UEC
10:19 am Nicholas Winton : $UUUU
10:19 am Curtis M : If $DXY gets up over 100.72 and holds that on pull back and gets higher highs etc thats the turn
10:20 am Curtis M : thats what I knw about it 🙂
10:20 am Nicholas Winton : $UUUU also has a copper catalyst- major copper discovery at their most profitable uranium project
10:26 am Curtis M : nteresting how Gold got up to Rosie the Algos symmetry extons (yellow) and has had a challenge – and on that pullback perfect to that fotted diagonal algo fib trendline
10:26 am Curtis M : serious place for Gold
10:36 am Curtis M : Everything I seen in that chat update seems to be rolling along here – this could be a shift fyi
10:36 am Flash G : paying attention hahahaha
10:36 am Flash G : I never reviewed them but i am now
10:37 am Curtis M : If $GDX looses that quadrant to low side – bad sign
10:39 am Curtis M : Gold loses that bottom white arow – bad sign
10:39 am Curtis M : at blue line – thats the quad support
10:40 am Curtis M : $DXY MACD is revved and isn’t far from trend reversal on chart
10:41 am Curtis M : $DXY best upside prior to July is 103.12
10:42 am Curtis M : After July anything possible
10:42 am Curtis M : $SPY is a short when that MACD s at top
10:42 am Curtis M : There;s your update 🙂
10:43 am Curtis M : And $VIX long when the MACD at bottom on that chart
10:43 am Flash G : Thanks Curt just went through them also
10:44 am Greg L : I will come Sat:)
10:44 am MarketMaven M : ya
10:44 am MarketMaven M : thanks
10:44 am Curtis M : np
10:49 am Mathew Waterfall : For some reason the chat isn;t recognizing my mic this morning so you’re just going to have to imagine me talking to you.
10:49 am Mathew Waterfall : Indexes trading higher, dollar obviously getting a huge pop. It’s coming off a bit and I’m watching the 100.49 level near term
10:50 am Curtis M : Ok noo prob you can always reboot too that fixes mine does that but whichever we;re all good
10:50 am Mathew Waterfall : As previsouly discussed I had trimmed down a lot of my positions so I’m not freaking out about this Trump noise
10:51 am Mathew Waterfall : I tried closing and reentering but no luck. I’ll shut everything down when I take a break and see if that works
10:51 am Curtis M : col
10:56 am MarketMaven M : I just went through that one you just brought up for $SPY how do you get the quadrants on your charts?
10:57 am Curtis M : I can detail that Saturday webinar :
10:57 am MarketMaven M : oki
11:03 am Carol B : I thinnk I’m starting to get it
11:03 am Carol B : My $CLF is golden goose
11:04 am Carol B : $TWLO looks good imo
11:04 am Mathew Waterfall : Gonna taje a quick break and restart everything. back in a bit
11:04 am Curtis M : k
11:06 am Carol B : So I’m going to come on Sat Curt because I checked your work – back dates and with what you showed here on these new charts I am starting to get it and your targets and trading quads actually seem to work – so ya, do I need to sign up like before or anything>
11:07 am Curtis M : Nope just sign in like in room
11:07 am Carol B : k
11:07 am Carol B : ez
11:08 am Curtis M : oil is following that dotted fib algo line down
11:09 am Curtis M : so far
11:09 am Curtis M : whit edotted
11:09 am Curtis M : we’ll see
11:10 am Curtis M : I knew $SPY would take off you just have to watch that MACD
11:17 am Curtis M : On the phone for 10 mins
11:17 am MarketMaven M : Thinking of adding to my $GS
11:18 am MarketMaven M : $GOOGL too I may add
11:20 am Nicholas Winton : uranium price tracking stock U.TO at 2017 highs
11:20 am Nicholas Winton : $UEC at highs
11:26 am MarketMaven M : uranium has been on my list to study
11:26 am MarketMaven M : have to get on that
11:27 am Nicholas Winton : $UEC is a massively leveraged U stock
11:27 am Nicholas Winton : 12 insiders bought in the last year
11:27 am Lenny E : wndering what a stronger dollar would do to uranium?
11:28 am Lenny E : $UEC I checkd out and it looks solid
11:28 am Nick I : I dont think USD getting higher or much hgher
11:29 am Nick I : Awesome win this morning Flash! powya
11:30 am Flash G : Anyone holding $TRCH other than Curt?
11:30 am Flash G : Thanks btw
11:30 am Eric L : I think Mathew might
11:33 am Flash G : $TRCH is one I’m looking at thats why I asekd
11:34 am Curtis M : Sartaj too bad you mised Mathew – he’s out for a bit – how r ya?
11:34 am Sartaj Hundal : Not bad, nice to be over the jetlag
11:35 am Curtis M : oooo dollar getting seroius again
11:35 am Curtis M : meet at 3 today corretc?
11:35 am Sartaj Hundal : Yes, 3 PM. I’ll send you the address after market closes
11:35 am Curtis M : kk
11:44 am Mathew Waterfall : Alright back in action hopefully with a working system on my side
11:44 am Curtis M : nice
11:44 am Nicholas Winton : i like $TRCH
11:46 am Curtis M : y a should be good one – that came from your recomendation no? I’m sure it did
11:46 am Mathew Waterfall : $UAA hit my first add spot. I’m going to let this think keep moving and move the stop up a bit
11:46 am Curtis M : nice
11:47 am Curtis M : $DXY not likely to run until overniht if it does at all or early tomorrow if t does
11:50 am Mathew Waterfall : A run on DXY up tinto the 101.5 area would build out the right should. i’ve had one drawn in much closer to the head for the last 2-3 weeks but that move would also make sense
11:51 am Nicholas Winton : $CPO.V monster volume cobalt stock
11:51 am Mathew Waterfall : $UAA calls from earlier in the week now over a double. Not a bad place to trim so I may lighten up a bit. Still will hold commons
11:51 am Curtis M : nice
11:52 am Mathew Waterfall : Sold a few at .51 from .22 entry to make some room
11:58 am Cara R : $CVM on the moce
11:58 am Cara R : move
11:59 am Mathew Waterfall : In a few $TLT apr 127c’s here on this pullback. Starting the position on top of the mar 126’s
12:00 pm Cara R : Killin it as C say
12:03 pm MarketMaven M : $SDRL fresh atmostphere 🙂 at high
12:05 pm Curtis M : Respectable 8% $SDRL
12:07 pm MarketMaven M : $EXEL sweepers! and more sweepers!
12:10 pm Flash G : Eyes on $AMDA momo
12:17 pm Sandy S : Lunch b4 afternoon rockets and bombs
12:17 pm Flash G : good idea
12:30 pm Nicholas Winton : $AMDA looks interesting
12:31 pm Nicholas Winton : if we get a large mania move over the next month like i think we might- these kind of small spec stocks could soar
12:32 pm Nicholas Winton : okay very interesting- Curtis can you put up a chart of $IWC when you get a chance
12:33 pm Nicholas Winton : it’s an Index that tracks microcap stocks in the US across a number of sectors
12:33 pm Mathew Waterfall : $NAK rumors of downgrade
12:34 pm Nicholas Winton : $IWC it’s telling me we are close to another big rally in microcap stocks
12:34 pm Carol B : $AMDA may really fly
12:36 pm Nicholas Winton : any AMDA news?
12:37 pm Flash G : same pumpers
12:38 pm Nicholas Winton : lol
12:38 pm Sandy S : ya sure
12:40 pm Mathew Waterfall : $AMDA hasn’t really been able to recover after the recent offering was announced. It was at .51 so that’s a big level to get up and over
12:40 pm Sandy S : sorry carol that went out to everyone
12:40 pm Mathew Waterfall : I just picked up some $PLG. Small. Not sure this downdraft is over but wanted a reenter on a dip and this is certianly that
12:43 pm Mathew Waterfall : $ENG getting some lift here
12:45 pm Nicholas Winton : the combo of SPY breaking out and IWC nearing a breakout should have speculators and traders excited
12:46 pm Nicholas Winton : IMHO 🙂
12:46 pm Carol B : for sure
12:46 pm Carol B : np btw sandra
12:48 pm Flash G : $CLRB well over VWAP but up 7% like it
12:49 pm Paul M : micro etf and small miners et should be biggest winner 2017
12:50 pm Lenny E : $DRAM rpms
12:53 pm Flash G : $ENG goof pic Mathew
12:53 pm Flash G : alert
12:53 pm Flash G : $SSH action Curt
12:53 pm Mathew Waterfall : In $ENG small, add if it hits the 9 day on the 5
12:59 pm Flash G : $CLRB break out now 10%
01:06 pm Mathew Waterfall : I’m a $THM buyer right here. Will hold this and $PPP position long term. Accumulating shares in each on weakness
01:07 pm Mathew Waterfall : Nothing else really excites me yet in the miners outside of noted $PLG small buy
01:07 pm Mathew Waterfall : I’m talking new positons. I’m sitting in the names I already have
01:13 pm Curtis M : $DXY HOD
01:14 pm Mathew Waterfall : Solid bond auction but fed speaker talking up hikes. Still floating around looking for either 101.5 test of 99 handle for my next moves
01:19 pm Carol B : $BIOC on
01:24 pm Mathew Waterfall : Small cap oil and drillers seeing a ton of action here. I’m not a fan of those plays but some rotation back in to them would make sense. Ran hard in December, took Jan off for the most part. With a greater market rally I could get behind that
01:26 pm MarketMaven M : that sounds about right
01:28 pm Mathew Waterfall : $XOM is what I like to key off of in that space. After if broke through 2 levels of support I haven’t even been eyeing anything in the oil/drillers. $XOM needs to clar 83 then 85 and I would start to get interested
01:29 pm MarketMaven M : yes been wtching it also
01:30 pm Mathew Waterfall : Gold squeeze to the upside would be great right about now. That flush this morning should provide some powder if we can get any lift
01:41 pm Hank A : shooting in paris
01:46 pm Mathew Waterfall : $TLT trying to pick itself up off the mat no pun intended. /ZB looks like it might get some lift so watching for some clues
01:53 pm Nicholas Winton : watching $PPP
01:53 pm Nicholas Winton : looks good
01:55 pm Flash G : Whats the catalyst? A a decent chart
01:56 pm Nicholas Winton : held up well during gold scuffle today
01:56 pm Nicholas Winton : $GENE boom
01:59 pm Mathew Waterfall : $PPP held up well, $GPL, $TRQ did as well
02:01 pm Curtis M : Long $JDST starter
02:03 pm Curtis M : I know risky – tight 1/5 starter size 🙂
02:05 pm MarketMaven M : interesting hehe good luck:)
02:06 pm MarketMaven M : I’m actually looking at $RGSE here cough cough
02:10 pm Nicholas Winton : miners moving up
02:10 pm Mathew Waterfall : Bottom play on $RGSE? close low to play against I suppose
02:11 pm Flash G : $RGSE chart VERY interesting gap fill bottom play nice hand
02:11 pm MarketMaven M : shhhh
02:14 pm Mathew Waterfall : Picked up a few shares to join the party. New lows and I’m likely cutting
02:15 pm MarketMaven M : sshhhh
02:15 pm MarketMaven M : i was window shopping still]
02:16 pm Mathew Waterfall : For me it’s a quick play. Right, or quick cut
02:24 pm Wendy N : take a look at the wheat chart 10/10
02:25 pm MarketMaven M : correcto!
02:25 pm MarketMaven M : nice
02:25 pm MarketMaven M : chart
02:26 pm Mathew Waterfall : wow good ole /zw getting jiggy
02:26 pm Mathew Waterfall : I dont’ trade those futures because I know nothing about them lol
02:27 pm MarketMaven M : jiggy
02:27 pm MarketMaven M : $DXY may find gravity here Curt
02:34 pm Mathew Waterfall : $RGSE on da move
02:36 pm MarketMaven M : i boght
02:37 pm Mathew Waterfall : All your buying got us a nice few cents to the upside. thanks!
02:37 pm MarketMaven M : I know how to shop
02:37 pm Flash G : hehehehe
02:39 pm Wendy N : $SSH a finger twitched on the patient
02:39 pm Curtis M : wha
02:39 pm Curtis M : u’ll c
02:46 pm Nicholas Winton : Curtis, i like $LTBR nuclear fuel maker $5M mkt cap
02:46 pm Nicholas Winton : RSI rising
02:48 pm Nicholas Winton : presenting at conf feb 15th
02:50 pm Curtis M : Guess what I hear…. and it aint gravity….
02:52 pm MarketMaven M : ok what
02:53 pm Curtis M : ….
02:53 pm Curtis M : rocket boosters in the distance rumbling
02:56 pm MarketMaven M : ffff
02:56 pm Mathew Waterfall : DXY lift from here you say?
02:56 pm Curtis M : just playing a little friendly competition lol
02:56 pm Curtis M : who knows
02:57 pm Curtis M : I posted my plan as a gif on twitter just now
02:57 pm Mathew Waterfall : I wouldn’t be shocked. Oversold dollar, overbought metals and miners, some give back on both would seem normal
02:58 pm Mathew Waterfall : That’s what you heard in the distance lol
02:58 pm Curtis M : lol
02:59 pm MarketMaven M : fine dxy looks good for now
03:00 pm Curtis M : your welcome
03:00 pm Curtis M : haha
03:00 pm Curtis M : all in fun I actually like that $RGSE
03:00 pm Curtis M : it has a nature
03:01 pm Curtis M : sorry Nich man stupid distracted today
03:01 pm Nicholas Winton : ha no worries
03:03 pm Curtis M : thesis gold tests 1213
03:03 pm Curtis M : not a big stretch
03:04 pm Mathew Waterfall : 1221 big level on my end for /gc
03:04 pm Curtis M : kinda goes with Mats h and s on dxy
03:05 pm MarketMaven M : so you guys are close
03:06 pm Curtis M : $JDST 13.50 from a 13.02 buy at least i got a hotdog or 2 at 1000 shares bahaha
03:06 pm Curtis M : oh I dont eat meat anymore lol
03:06 pm Mathew Waterfall : Small wins are wins
03:07 pm Mathew Waterfall : They probably make veggie dogs
03:07 pm Curtis M : dxy may not break thru
03:07 pm Mathew Waterfall : DXY needs solidly over that 100.66 res
03:07 pm Curtis M : lol i been rght to source like stupid to the source
03:08 pm Mathew Waterfall : Belwo 100.49 would be much more bearish in my view
03:08 pm Curtis M : $RGSE ha buyers
03:12 pm Hank A : $NFLX add
03:13 pm Bob O : $XLE is top of my stalking list right now.
03:14 pm MarketMaven M : $XLE primed yes
03:16 pm Carol B : Sure glad I stayed out of $TWTR earnings play Jack what a guy
03:18 pm Curtis M : $BIOC not looking great here
03:19 pm Curtis M : $AQMS rockin it
03:21 pm MarketMaven M : It will be all about FANG soon…. like any second and in to next week
03:24 pm Curtis M : Wow $RGSE
03:25 pm Curtis M : momo
03:25 pm Mathew Waterfall : yepp rockets
03:26 pm Curtis M : Divergence in DXY last 12 mins pop or drop soon
03:30 pm MarketMaven M : And $TSLA and a few others – they will take it to the moon and back
03:31 pm Mathew Waterfall : $CLF next week 13c’s at .12 from a run up and over $12 tomorrow
03:39 pm Mathew Waterfall : JUST IN: President Trump & Japan PM Abe to hold joint news conference tomorrow afternoon at 1pm ET
03:39 pm Mathew Waterfall : We now have our d daytime line
03:39 pm Curtis M : just seen that wwwwowwww
03:39 pm Curtis M : not holding this overnight now lol
03:40 pm Mathew Waterfall : Yea I might trim some ahead of that just to be safe
03:40 pm MarketMaven M : Drumpf
03:41 pm Nicholas Winton : don’t drive drumf
03:41 pm Mathew Waterfall : I can’t see how that will do anything but drive the dollar down though
03:42 pm Mathew Waterfall : They’ll come out and say they are working together or something. Or possibly Trump flies off the handle and says he’s going to put a stop to the manipulation
03:42 pm Mathew Waterfall : Either way dollar down
03:43 pm Curtis M : The VIX might be 7 soon
03:44 pm Mathew Waterfall : lol. Sub 10 handle? more like sub 8
03:46 pm Mathew Waterfall : Flow coming back into the miners on this weakness. Random with some calls being bought and puts sold by the looks of things
03:46 pm Mathew Waterfall : Kind of messy, not near as clean as monday/tuesday here
03:47 pm Eric L : $CEI rocket
03:51 pm Curtis M : dollar should go down yes imo but theyre two different cats there
03:52 pm Mathew Waterfall : We now have a reason to log on tomorrow at least lol
03:52 pm Mathew Waterfall : Im wrapping up for the day. Have a good night all!
03:52 pm Curtis M : ha
03:52 pm Curtis M : night
03:52 pm MarketMaven M : bye
03:53 pm Flash G : later
03:54 pm Curtis M : Going to exit $JDST cant take the Trump Abe chance I dont think
03:57 pm Nicholas Winton : i agree
03:57 pm Nicholas Winton : i think miners fly
03:57 pm Nicholas Winton : we’ll see
03:57 pm Nicholas Winton : Trump will eat sushi with a knife and fork and the dollar will plunge, plunge!
04:00 pm Curtis M : good night all
04:00 pm Dawn H : see you
04:00 pm Carol B : bye
04:00 pm Flash G : done

Miscellaneous chatter may be removed.

Be safe out there!

Follow our lead trader on Twitter:

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


Stock Trading Plan for Thursday Feb 9, 2017 in Trading Chat room. $JAGX, $ETRM, $SKYS – $VRX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $CBMX, $JUNO – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Public Webinar Schedule:

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

Date: Saturday Feb 11, 2107

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

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

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

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

5:00 Trading Room – Introduction to our Trading Room

Do Not Miss This Update!

It’s a good idea to refresh your chart outlook and keep it simple sometimes!

Current Holds / Trading Plan:

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

Oil, Gold and the VIX are high on my watch list. 

General Market Outlook:

Some momentum plays in room early today so it looks decent that way. Rest of market wait and see along with Oil, Gold, Silver, Dollar, VIX, SPY algorithmic model plays.

Morning Momo / News and Social Bits:

Momo Watch: $SKYS, $JAGX, ETRM

Premarket, Stocks, Trading, Plan, $JAGX

$JAGX Premarket Win for Flash G 71

$SKYS Up Seventy Percent Premarket

$ETRM up 15% in Premarket

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

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

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $JAGX 73%, $SKYS 66%, $ETRM 16%, $VKTX 10%, $ZEN $AQMS $SGY $IMPV $CLF $ACOR $ADHD $URRE $VICL $ALNY $TSLA $UWT

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

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

(3) Other Watch-List:

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

(5) Upgrades:   as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: as time allows I will update before market open or refer to chat room notices.

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

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $JAGX, $ETRM, $SKYS –  $VRX, $SSH, $ASM, $CBMX, $JUNO, $DUST, $TRCH, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F