SPY Archives - Page 31 of 35 - Compound Trading

Dec 2016

Pre-Market Newsletter Wed Dec 21 $INVN $TIG $CLLS $BCEI $UGAZ $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

My Stock Trading Plan for Wednesday Dec 21, 2016 in Chat room. Gainers: $INVN, $TIG, $CLLS, $BCEI, $UGAZ,

My Stock Trading Plan for Wednesday Dec 21, 2016 in Chat room. Gainers: $INVN, $TIG, $CLLS, $BCEI, $UGAZ, $NK, $NUGT, $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will be information often in that report that is applicable and not in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING: Another quickie guys and gals! VERY QUICK. SO SORRY but this is quickest one yet – WE ARE RUNNING AROUND CLOCK RESETTING ALL ALGOS for the year end market inflection. So ya – that’s the excuse (true one lol). So much data ugh. BUT I CAN REPORT WE HAVE THEM LOCKED HARD. CHECK OUT EPIC’s HITS WOW.

And I have to admit the prep we are doing for all these media programs we are doing starting on Dec 30 is getting to be a bit much but we’re almost there too.

Current Holds:

$CBMX, $JUNO – $UWT Out

Market Outlook:

I AM STALKING COPPER LONG FYI

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out VERY SOON – EPIC had HUGE NEWS again last night so we got a tad distracted running his math but we’re on it. WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close. The reason EPIC is so important BTW is that our math for all the other algos is based on same principles – so when he hits we can transfer that specific are of math to the other algos – so if you can imagine doing that for every time cycle (ten) for each algo for fifty indicators on each. Serious data. But we’ll be ready for the 1st.

Trending toward 1030 AM target. Crude algo intra work sheet 817 AM Dec 21 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Morning Momo / News Bits:

Momentum stocks: Gainers: $INVN 16%, $TIG 5%, $CLLS 4%, $BCEI 3% $UGAZ $NKE $NUGT $SDRL $CANF $JNUG $STO $UWT $TWLO $FRO $AU $UCO $GDXJ $BP

If you are new to our trading service you should review recent blog posts and at minimum of 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. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day 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). A quick hour of review at most will bring you up to date.

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

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 ans 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: $INVN 16%, $TIG 5%, $CLLS 4%, $BCEI 3% $UGAZ $NKE $NUGT $SDRL $CANF $JNUG $STO $UWT $TWLO $FRO $AU $UCO $GDXJ $BP 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: $AKAO (momentum play last week), $AGIO (recent wash-out), $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).

(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: 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 $ES_F ($SPXL, $SPXS)

NA – Getting some action though.

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

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 I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

Gold bull mental Olympics. pic.twitter.com/kjtwQdmHVM

— Curtis Melonopoly (@curtmelonopoly) December 21, 2016

Per previous:

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

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). Same here, when trend reversal occurs I will post equity picks here.

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

Please review EPIC’s twitter feed from last evening – trading at top of range and hitting all kinds of algo targets overnight.

HITTING TARGETS LIKE MAD. EVERYONE GOT EPICs NEWSLETTER THIS MORNING FOR OIL TRADE SECTION INFO.

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday 10:30 looks great. Friday targets on charting.

Direct Algo Target Hit! Called 12 days ago. Crude algo intra work sheet 436 PM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Trading Plan: NA

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 $NG_F $NATGAS ($UGAZ, $DGAZ):

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $INVN, $TIG, $CLLS, $BCEI, $UGAZ, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Tuesday Dec 20 – $CNAT, $FRED, $GLF, $AKBA, $GALT, $JUNO, $CBMX, $UWT, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F 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.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION AND TRADE (ON EVERY VENUE) IS EITHER VIDEO RECORDED (TRADING ROOM) OR TIME-STAMPED IN WRITING FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY.

Notices:

Notice: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Notice: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Primary Lessons That May Help You With Your Trades:

The $UWT (crude oil trade) I was in was about trusting the algorithm @EPICtheAlgo (which took me about 6 months to fully trust). I would be a lot further ahead has I just trusted the math process earlier. But I did this time – and I went big and we won.

Buy alert to our members last week (green arrow). Crude algo intra work sheet 429 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

We bought at the bottom (green arrow) and we sold at the top (today’s top not shown)

Buy alert to our members last week (green arrow). Crude algo intra work sheet 429 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Looking Forward:

The market has a tonne of inflection points now so things should get interesting soon with our algos that you can find here:

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

We are currently processing the reset calls for all algos for Q1 2017 over Christmas season because the have all now completed their calls from Q3 and Q3 2016 with 90% or better accuracy. All in writing, called in advance and fully documented.

Announcements in Trading Room:

09:18 am Curtis M : Good morning! I will be back 2 mins b4 bell. Wll do morning momo incl oil and then move on to regular charting after (oil is momo today). $CNAT, $AKBA $ACAD $ABIO $TRCH, $BCEI $RAD $JDST $AUPH $DUST $WTI $IMMY $REXX $UWT

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:20 am Curtis M : $KLRE Halt – News Released. Halt time: 09:14:18.
09:23 am Curtis M : Morning Mat
09:23 am Mathew Waterfall : Morning guys. Looking to exit some positions if this rally gets some legs. $CLF showing good strength off of Chinese steel report which is nice
09:24 am Curtis M : Yup in your words some jiggy
09:24 am Curtis M : I will be looking to scale out 2/3 of my $UWT in morning momo FYI
09:24 am Mathew Waterfall : haha yes, would like to see more jiggy
09:25 am Curtis M : My words too lol
09:25 am Mathew Waterfall : Also looking to exit $XOM small position and see what $IWM does. Will let those 139s ride most likely until tomorrow or so
09:26 am Curtis M : I won’t even be watching other stocks at open – I have a large $UWT to traverse FYI ALL
09:28 am Curtis M : Just emailed Sell Alert on 2/3 $UWT of 10000 shares
09:28 am Curtis M : Will chip out 2/3 after bell sometime VERY LIKELY (just t be clear so nobody yells at me)
09:39 am Curtis M : Chipped out most now holding 3000 $UWT
09:40 am Curtis M : Watching $FRED for wash out then snap back
09:43 am Curtis M : Calculating new targets for crude if it gets up over resistance areas
09:43 am Curtis M : $FRED is a real deal on real news – could go again
09:47 am Mathew Waterfall : $IWM flying. Lets keep the juice on here please
09:49 am Curtis M : Long $FRED small 1000 share 17.65
09:49 am Curtis M : Real tight I dont plan on losses b4 xmas
09:52 am Mathew Waterfall : Posted my levels yesterday but $WYNN still looking horrible. Will watch for reentry around 88 but likely not until after the first
09:53 am Curtis M : Out $FRED 17.96
09:53 am Curtis M : $FRED
09:54 am Curtis M : Shoot lol
09:54 am Mathew Waterfall : Hate that. But it could have gone the other direction. That’s what I tell myself at least lol
09:54 am Curtis M : haha
09:56 am OILQ K : Out $UWT Thanks!
09:57 am Curtis M : NP I got some other yehaws on email and DM I’ll share later – it worked out:)
09:57 am Mathew Waterfall : Here comes the early fade
10:03 am Mathew Waterfall : $CLF great strength. Shooting for 10’s mid term
10:03 am Mathew Waterfall : Calls bought yesterdat at .295 from .24 and working higher here
10:03 am Curtis M : so much winning
10:04 am Curtis M : lol sorry
10:04 am Carol B : yup win away
10:04 am Michael P : thanks for the calls peeps excellent
10:05 am Mathew Waterfall : Morning flurry looks to be about over for me. Market feels like it wants a breather here
10:06 am Curtis M : OIl could be a gusher yet – its held up really well
10:07 am Curtis M : Machines have it right now
10:10 am Dani M : I saw the convo on Stocktwits lolololol you should a let him have it – what MA IS THAT THEN LOLOLOL LMAO
10:10 am Curtis M : ha
10:11 am gary y : $JUNO up
10:11 am Mathew Waterfall : I would just screw with those people. “Hey you caught me. It’s the 134.5 square root multi average SMA. Really basic stuff”
10:11 am Curtis M : lolol
10:12 am Curtis M : It was actually Sartaj talking to him I cant do it – and Sartaj just like whatever lol doesn’t pay attention and I’m like hit em haha
10:13 am Curtis M : Chipping out last 3000 $UWT
10:14 am Curtis M : Sorry if youre getting 2x emails
10:16 am Tyler H : new dress haha
10:17 am Curtis M : Yes! Thanks Ty you got that right. Momma be happy.
10:19 am Mathew Waterfall : Out of those $IWM weekly 139’s @ .30 from .285. Really just want to lighten up a bit here so basically a scratch. Holding into tomorrow would do these well of continued strength so I’ll keep an eye on reentry
10:23 am Drew M : $IONS momo
10:30 am Tyler H : thinking ss $FRED
10:32 am Mathew Waterfall : Steel names in play. $CLF and $AKS on my board getting with the program also $X looking decent. $FCX holding up well in the face of this copper weakness
10:32 am Mathew Waterfall : Looking to buy pullbacks in $FCX and $CLF potentially
10:33 am Curtis M : Yes X was my 2nd choice right after bell – didn’t take it – actually looking at Copper – I know wierd
10:33 am MarketMaven M : im in $X
10:37 am Mathew Waterfall : $X bull sweep just came through. That’s on top of ton of buying in $CLF right off of the open
10:42 am Curtis M : Those soldiers should be the handle
10:42 am Curtis M : Messy but bullish
10:44 am Drew M : Sold $BLTD win
10:47 am Curtis M : New 52wk Highs: $ARC $AWH $KBAL
10:47 am Curtis M : Nice Drew we talked about that yesterday
10:48 am Jack D : Long $SHAK f
10:49 am Carol B : I like $OCLR here
10:50 am Curtis M : $SHAK takeover rumor
10:50 am Mathew Waterfall : The $SHAK! Lik the name, high short interest but that thing acts like a turd whenever i play it
10:51 am Curtis M : $SHAK terrible chart
10:51 am Mathew Waterfall : I’m gonna do some scanning. Things on my end have quieted down a bit
10:52 am Mathew Waterfall : I just hit weekly 38 puts for a flyer after they deny the rumor
10:52 am Mathew Waterfall : small could go either way but this sees 36s fast if rumor goes out the window
10:52 am Curtis M : lol 🙂
10:52 am Curtis M : yup
10:53 am Mathew Waterfall : Alright now some scanning
11:02 am Drew M : $VXX new all time low
11:03 am Michael P : in $htbx some
11:03 am MarketMaven M : $WTI whoo hoo strong bull
11:04 am MarketMaven M : $DE strong too
11:22 am Mathew Waterfall : $SHAk out half of my 38 puts at .75 from .4. will keep the rest for additional dumpage here
11:22 am Curtis M : Wow on $HTBX 🙂 Interesting TOD
11:23 am Curtis M : Large bolcks $FXI
11:24 am Mathew Waterfall : All out of $AKS this week calls. First 2/3rds was big win into the fed last week. This sell was flat so overall decent gains on this trade
11:28 am Rob D : sounds good Matt
11:29 am Darni T : $PI ATH
11:32 am Curtis M : $SEAC block
11:34 am Curtis M : https://www.sec.gov/Archives/edgar/data/949428/000129673416000006/0001296734-16-000006-index.htm CFO 10000 share buy $CDTI
11:36 am Curtis M : Leader board $CNAT 126% $FRED $GLF $AKBA $GALT $VLTC $BCEI $CVGW $ABIO $PBMD $GLMD $KNDI $HIL $WTI $HTBX $CRR $SGY $PI
11:43 am Darni T : $WLL vol
11:47 am Mathew Waterfall : Huge sweepers in $WLL all day
11:51 am Mathew Waterfall : LIBYA’S NOC SAYS FIELDS REOPENING TO ADD 175K B/D IN ONE MONTH
11:56 am Curtis M : Leaderboard $CNAT $FRED $GLF $AKBA $GALT
12:09 pm OILQ K : $KLREW momo
12:12 pm Curtis M : New 52wk Highs: $MSFG
12:13 pm Dani M : $SWRM up 138%
12:14 pm Mathew Waterfall : Out half $clf Jan13 10c’s at .39 from .24. Keeping other half as I think it goes higher, just not trustin grally in steel a whole lot so playing tight and ringing the cash register
12:15 pm Mathew Waterfall : Think we see fib at 9.62 tomorrow/thursday on $CLF will likely roll to 11’s at that pint
12:15 pm Mathew Waterfall : *point
12:15 pm Curtis M : On lunch till 1245
12:15 pm Mathew Waterfall : $SHAK dying as well. delicious
12:16 pm Curtis M : lol
12:36 pm Curtis M : $FRED back on scan for a possible bounce
12:44 pm Mathew Waterfall : 6108 calls traded for $FRED 93% mid or above meaning lots of buying. 31% ask or above meaning urgency
12:45 pm Mathew Waterfall : That’s against 4665 outs 51% traded mid or below so likely some selling
12:45 pm Mathew Waterfall : *puts
01:01 pm Mathew Waterfall : Dr J talking his book as always just spat out $CLF. Might be rocket fuel to my target over next day or so
01:05 pm Mathew Waterfall : Right on schedule nHOD for $CLF. Calls almost a 2 bagger
01:05 pm Curtis M : nce
01:06 pm Mathew Waterfall : Long bomb. $CRM Feb17 80c’s at .35
01:11 pm Mathew Waterfall : Today’s 1 hour bars on $CLF. Doesn’t get much better than that http://tos.mx/jnjjhP
01:18 pm Curtis M : $VLTC tank
01:24 pm OILK K : $HD here os volume
01:26 pm Curtis M : $SI_F Momo
01:28 pm Mathew Waterfall : looking at end of year short covering lotto’s. some ripe names out there
01:31 pm Darni T : $CNAT looks like rocket time
01:32 pm Mathew Waterfall : I usually try to let moves like that play out for a day or so. The close is always inportant to me to see if it dumps with all of the profit taking
01:33 pm Mathew Waterfall : Of course I haven’t looked at short interest which can fuel a rally big time from here in a pro gap type move
01:35 pm Mathew Waterfall : Rolled rest of my $CLF Jan calls into 12’s. Big jump yes but I wanted to take out profits. Basically 2 bagger right here at .47 from .24 entry. .33 credit to roll to 12’s
01:44 pm Curtis M : $CLF denying takeover
01:45 pm Mathew Waterfall : Yepp good exit on that one. Held 50 on the 5′ though so still not horrible. $AKS and $X going so this should remain strong
01:46 pm Curtis M : nice
01:47 pm Curtis M : $USB momo too bank
01:48 pm Darni T : Banks are from that CNBC interview yesterday
01:49 pm Curtis M : $CLF block sell yuge
01:50 pm Dani M : $VKTX small L
01:57 pm Mathew Waterfall : Watching $GPRO. With a little push this could see the other side of 10. End of year short covering candidate
02:01 pm Curtis M : Long $CNAT 1000
02:02 pm Curtis M : 5.02
02:05 pm Curtis M : add 3000 $CNAT
02:08 pm Curtis M : add $CNET 6000
02:09 pm Curtis M : 4.96 then 5.01
02:19 pm Curtis M : chpping out $CNAT
02:20 pm Curtis M : 3k 5.08
02:21 pm Curtis M : 3k 5.65
02:21 pm Curtis M : rest out 5.06 overall avg out
02:25 pm Mathew Waterfall : Nice man. Quick little kill
02:26 pm Curtis M : hotdogs beer tip lol
02:29 pm Curtis M : usdjpy bears got me to look
02:29 pm Curtis M : lets see
02:34 pm Curtis M : USDJPY I wouldnt call it broke tll 100 crosses 20 on 2 hr w price under but thats me I tend t o mis first 10% – 15% catch middle
02:35 pm Curtis M : fark $CNAT
02:36 pm Curtis M : I always play those momos chicken ugh
02:37 pm Dani M : I stayed in it Curt thank YOU I know that about you I gamble some
02:38 pm Curtis M : nice
02:39 pm Mathew Waterfall : $NUGT next week 7’s at .2. Small size, otpions on leveraged ETF’s will have you drinking champagne or vodka from a plastic bottle so I keep it extra small on these
02:40 pm Curtis M : haha
02:50 pm Mathew Waterfall : $PI just won’t stop today. Flying
02:51 pm Darni T : Was just going to say that. HOD
02:52 pm Curtis M : People calling bottom in Gold and Miners all over social
02:52 pm Mathew Waterfall : Wanted to buy a dip around the 50 on the 5′ for a quick play and it didn’t even get there. I’m not chasing at this point but it looks super strong
02:52 pm Mathew Waterfall : Come on $NUGT! Get me some of the good stuff
02:53 pm Mathew Waterfall : But if course if people are tlaking abot itthat likely means we have another flush before the real move
02:53 pm Curtis M : ugh
02:58 pm jetcom b : done – see you gus tom
02:59 pm jeff g : Yes have gifts to buy later! Thanks!
03:09 pm OILQ K : $EVOK consistent up
03:10 pm Mathew Waterfall : Good continuation off ofthe intial pop and drop
03:11 pm Mathew Waterfall : I’m done for the day unless something crazy jumps out at me. Good wins today with $CLF and $AKS. Lotto $CHK looking like a dud but there’s 3 days to go for a Christmas miracle
03:11 pm OILQ K : cya
03:11 pm Curtis M : Thanks Mathew
03:12 pm Sammy T : bye everyone
03:13 pm Mathew Waterfall : I’ll be hanging out it anyone has any weird questions for me like what i think of $WYNN(looks horrible atm) or what is the meaning of life
03:14 pm Drew M : 10-4
03:28 pm Curtis M : $CNAT long 1000 5.11
03:29 pm Mathew Waterfall : $ALXN takeover pop. Puts have a crazy b/a spread though so nothing for me
03:34 pm Curtis M : $CNAT stop at flat
03:34 pm Curtis M : we’ll see
03:35 pm Curtis M : out flat
03:35 pm Curtis M : .1c gain lol broker fee
03:36 pm Mathew Waterfall : Don’t spend it all in one place!
03:36 pm Curtis M : ha
03:36 pm Josh S : I read some of that chatterr on StockTwits.. did those people even read the site?
03:37 pm Mathew Waterfall : Stocktwits is easily 99% people who have no clue what they are tlaking about.
03:38 pm Mathew Waterfall : $SHAK puking continues. 38 outs now .825 from .40. I’ll probably step off the rollercoaster here
03:38 pm Mathew Waterfall : *puts. I can’t type that word today for some reason
03:39 pm Darni T : agreed
03:41 pm Mathew Waterfall : There’s a ton of noise on stocktwits, twitter, whatever. Some is helpful, but a lot of it is either distracting or straight up misinformation
03:42 pm Mathew Waterfall : I know traders who will post the opposite of what they are doing on purpose. I’m not sure what they think that they get out of that strategy but it definately goes on
03:42 pm Mathew Waterfall : Focus on your own strategy and use the rest for laughs unless it’s coming from a verified source
03:43 pm Darni T : omg
03:43 pm Mathew Waterfall : We’re lucky with a room like this that we can share and learn. On twitter and others that’s not always the case
03:43 pm Josh S : I just thought it was interesting, because their trading room also purported to be “crowd sourced”..
03:44 pm Josh S : anyway you’re right, no business doing trading if a person can’t do their own research
03:44 pm Mathew Waterfall : They probably also advertise using supercars trying to lure you into to sme BS service
03:45 pm Curtis M : aesomw
03:45 pm Curtis M : awesome
03:45 pm Mathew Waterfall : I’m not saying you can’t use others for help, this room is a great example of that. But when you’re out filtering through unreliable advice it needs to be taken with a giant grain of salt
03:47 pm Curtis M : That news knocked algos off with EPIC lol
03:48 pm Mathew Waterfall : haha
03:48 pm Curtis M : It was techically perfect 🙂
03:52 pm Mathew Waterfall : MOC 30 for sale. These numbers have been bouncing around leaning a bit to the sell side. Not much of a trend but it looks like fin heavy on the sell side
03:52 pm Curtis M : hmm
03:53 pm Mathew Waterfall : Saw some put buying there in the afternoon as well. GS mostly for whatever reason
03:54 pm Curtis M : interesting
03:54 pm Mathew Waterfall : Watching $GPRO and $TWLO for possible end of year short squeezes/short covering rallies
03:55 pm Mathew Waterfall : $TWLO just hit with a $45 price target
04:00 pm Mathew Waterfall : Have a good afternoon/evening. Catch ya in the AM
04:00 pm OILQ K : wa
04:01 pm Curtis M : catcha
04:01 pm Cara R : cya

I will post the picture with me rolling around in the bathtub with my money later on instagram – stay tuned!

You can follow along with public calls our algorithms post on Twitter here:

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

Article Topics: $CNAT, $FRED, $GLF, $AKBA, $GALT, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $CBMX, $JUNO, $UWT, $GLD, $GDX, $USOIL, $WTIC, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $DWT, S&P 500

Dec 2016

Pre-Market Newsletter Tues Dec 20 $UWT $CNAT $ACAD $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

My Stock Trading Plan for Monday Dec 20, 2016 in Chat room. $UWT, $CNAT, $ACAD, $TNXP, $USOIL, $WTI,

My Stock Trading Plan for Monday Dec 20, 2016 in Chat room. $UWT, $CNAT, $ACAD, $TNXP, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REPORTING: Another quickie guys and gals! SO SORRY but this is quickest one yet – WE ARE RUNNING AROUND CLOCK RESETTING ALL ALGOS for the year end market inflection. So ya – that’s the excuse (true one lol). So much data ugh.

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

Morning Momo / News Bits:

8:00 AM Gainers: $CNAT 134%, $ACAD 37%, $TNXP 8%, $BCEI 6%, $JDST 5%, $VIP $AUPH $DUST $DGAZ $UWT

7:34 am $CNAT $5.00 154% 205K vol pre-market

Lots of news:

BlackBerry shares rally in premarket after profit surprise http://on.mktw.net/2hmtwxe

PX, DRI, BBRY, GIS, GM, FB, AAPL & more
CNBC.com
Check out which companies are making headlines before the bell:
Praxair — After weeks of talks, Praxair and rival industrial gas maker Linde have signed a non-binding term sheet for a merger of equals. Linde shareholders would get about a share and a half for each share they now hold, while Praxair holders would get one share.
Darden Restaurants — The parent of Olive Garden and other chains matched estimates with profit of 64 cents per share, while revenue was also in line with forecasts. Darden did post better-than-expected comparable-restaurant sales.
BlackBerry — The formerly dominant smartphone company — now largely a software provider — reported adjusted quarterly profit of 2 cents per share, compared to estimates of a 1 cent per share loss. Revenue was below Street forecasts, but BlackBerry did raise its full-year outlook.
General Mills — The foodmaker missed estimates by one cent a share, with adjusted quarterly profit of 85 cents per share. Revenue missed the mark, as well, on weaker sales of brands like Yoplait yogurt and Progresso soup.
General Motors — The automaker will temporarily shut down five plants in January for one to three weeks, as well as laying off nearly 1,300 workers at a Detroit assembly plant beginning in March. GM is trying to adjust to a slowdown in auto sales following seven years of growth.
Fiat Chrysler — U.S. officials are investigating about one million Fiat Chrysler pickup trucks and SUVs following reports of rollaway crashes that occurred after the vehicles were parked. NHTSA said it had reports of 25 related crashes and nine injuries allegedly related to the issue.
Facebook — European Union antitrust regulators are charging Facebook with providing misleading information about its takeover of WhatsApp. The objection involves Facebook’s sharing of WhatsApp user data.
Biogen — Biogen named Executive Vice President Michel Vounatsos as its next chief executive officer, effective January 6. He’ll replace George Scangos, who had led the drugmaker since 2010 and had previously announced he would step down as soon as a successor was found.
Apple — Apple has discussed setting up manufacturing facilities in India with the government, according to The Wall Street Journal. Making its products locally would allow Apple to open its own stores in India.
Philip Morris, Altria — These and other tobacco producers are on watch today after the California Public Employees’ Retirement System voted to broaden its ban on tobacco investments. That move went against a staff recommendation that the 16-year old ban be removed.
Destination Maternity — Destination Maternity agreed to be bought by French child care clothing and products retailer Orchestra Prémaman in a stock swap deal worth $7.05 per share. Shareholders in the maternity apparel retailer will receive a little more than half of an Orchestra Prémaman share for each share they now hold.
Ericsson — Ericsson will reportedly cut about a quarter of its workforce in Italy, according to a Bloomberg report. That comes after the telecom company lost the contract to manage the country’s largest wireless network.
Deutsche Bank — Deutsche Bank remains on our watch list amid reports that a settlement with the U.S. Justice Department will be announced this week, and that the penalty for the bank in a mortgage backed securities case will be far less than the $14 billion first proposed by U.S. officials.
Bank of America — The bank sold its U.K. credit card business MBNA to Lloyds Banking Group for $2.35 billion.
Square — Instinet began coverage on the mobile payments company with a “buy” rating, noting the growth of the overall market and Square’s consistent gain in market share.
Salesforce.com — Drexel Hamilton initiated coverage on the company with a “buy” rating, noting that Salesforce continues to be a leader in customer relations management while expanding its cloud software offerings.
Alcoa — The aluminum producer was upgraded to “outperform” from “neutral” at Maquarie, citing expectations of improved demand and pricing.

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

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $CNAT 134%, $ACAD 37%, $TNXP 8%, $BCEI 6%, $JDST 5%, $VIP $AUPH $DUST $DGAZ $UWT $MTL $SID $LABU $GGB $BBRY $NVDA 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.

(5) Upgrades: $AA $KOS $HBAN $VSAR $WDC $AWK $AMD $PEG $ES $DAN $AXL $TECK $NVDA $FNB $ZION $PBCT $FRC $CLVS $REGN I will update before market open of refer to chat room notices.

(6) Downgrades: $CBOE $CEMP $SBGL $OAK $CELP $EXR $FE $DYN $FNV $AYI $GRP $INOV $PB $HMST $FFWM $BUSE $MITL $NLY $AI $AMGN 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 $ES_F ($SPXL, $SPXS)

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

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

Outlook:

As I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

Please review EPIC’s twitter feed from last evening – trading at top of range and hitting all kinds of algo targets overnight.

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a miss.

Trading Plan: I am in here on three entries – 10000 shares deep $UWT.

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $UWT, $CNAT, $ACAD, $TNXP, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Protected: S&P 500 $SPY Trading Chart Updates Tuesday Dec 20 $ES_F ($SPXL, $SPXS)

SP500 (SPY) Algorithm $ES_F, $SPXL, $SPXS, Algorithms, Chatroom, Fibonacci, Freedom $SPY Algo, Gold, SPY, Stocks, Trading, Wallstreet FREEDOM SPY

Dec 2016

Pre-Market Newsletter Mon Dec 19 $XGTI $GSAT $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

My Stock Trading Plan for Monday Dec 19, 2016 in Chat room. $XGTI, $GSAT, $TNXP, $USOIL, $WTI, $GOLD,

My Stock Trading Plan for Monday Dec 19, 2016 in Chat room. $XGTI, $GSAT, $TNXP, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you have reviewed the morning swing trade newsletter much of it is contained herein this week.

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out today and before market open tomorrow (we’re running them right now). WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close.

Morning Momo:

$XGTI $GSAT $TNXP $EGO $BCLI $ORIG $SDRL $TRVG $DRYS $JNUG $GFI $NUGT

$TNXP +39% TNX-102 SL BTD PTSD Phase 3-Ready Drug Candidate, TNX-102 SL, Granted Breakthrough Therapy Designation by the FDA
$APHB +29% P1 Data
$LOXO +15% LOXO-101 Update
$OCUL +9% Insider Buy
$CBIO +6% Mfg Agmt

$JUNO Defeats Kite Pharma’s Challenge to CAR T-Cell Patent. $KITE
https://finance.yahoo.com/news/juno-therapeutics-defeats-kite-pharma-140000298.html

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

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $TNXP $GSAT $XGTI $CUR $APHB $BCLI $AWH $RGSE $PLX $PSTI $NVCN $GGB $JNUG $CBIO $OCLR $DRYS I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:$JAKK, $TVIX, $AMAT, $VIIX, $BBRY, $ZNGA, $SQQQ, $ABUS, $MAR, $NVDA I will update before market open or refer to chat room notices.

(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 $ES_F ($SPXL, $SPXS)

Running algos today. Basic trading range – the 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 614 AM Dec 19 $ES_F $SPXS $SPXL :

$SPY The 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 614 AM Dec 19 $ES_F $SPXS $SPXL

Outlook:

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

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

$VIX Keep it Simple Chart of Day. 50 MA cross 200 MA to upsaide buy and when it turns under 20 MA sell short. $TVIX $UVXY $XIV

$VIX Keep it Simple Chart of Day. 50 MA cross 200 MA to upsaide buy and when it turns under 20 MA sell short. $TVIX $UVXY $XIV

Outlook:

As I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

$DXY Keep it Simple Chart of Day. 200 MA and 50 MA 1 Day Cross Buy Sell Trigger $UUP

$DXY, US Dollar, $UUP, Chart, Swing Trading

$DXY Keep it Simple Chart of Day. 200 MA and 50 MA 1 Day Cross Buy Sell Trigger $UUP

As I wrote over and over again since July 2016 when our algo locked the math in:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

Keep it Simple Chart of Day. 100 MA 1 WK Buy Sell Trigger. Gold algo intra work sheet 1022 PM Dec 18 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Keep it Simple Chart of Day. 100 MA 1 WK Buy Sell Trigger. Gold algo intra work sheet 1022 PM Dec 18 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

SILVER Keep it Simple Chart of Day. 1 Week Buy over 200 and 20 MA Sell Under 20 MA $SL_F $SLV $USLV, $DSLV

SILVER Keep it Simple Chart of Day. 1 Week Buy over 200 and 20 MA Sell Under 20 MA $SL_F $SLV $USLV, $DSLV

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

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). Same here, when trend reversal occurs I will post equity picks here.

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

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

20 MA on 4 Hour Buy - Sell Trigger, Crude, Oil

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a miss.

Trading Plan: I am in here on three entries – deep.

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $XGTI, $GSAT, $TNXP, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Weekly Swing Trade Member Newsletter – Dec 19, 2016

Swing Trading $CBMX, $JUNO, $USOIL, DXY, GLD, Gold, S&P 500, Silver, SLV, SPY, Swing Trading, VIX Curt Melonopoly

Good morning swing traders and welcome to our weekly swing trading newsletter for the week of Dec 19, 2016!

Don’t hesitate to email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private mesage Curt in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

The information below can be quite involved so we don’t mind assisting as needed!

Please review previous swing newsletter here: https://compoundtrading.com/weekly-swing-trade-member-newsletter-dec-12-2016/

My primary seven swing set-ups this week are:

$SPY S&P 500

S&P 500 Keep it Simple Chart of Day. Buy sell 200 20 MA cross on 1 Hr. $SPY $ES_F $SPXS $SPXL

This is one of the best swing set-ups on $SPY and it is really simple (for tighter ranges please refer to FREEDOM the SPY Algo).

When the 200 and 20 MA cross on the 1 Hr use it as buy and sell triggers. Simple.

S&P 500 Keep it Simple Chart of Day. Buy sell 200 20 MA cross on 1 Hr. $SPY $ES_F $SPXS $SPXL

FX: $USOIL $WTI

You can use a number of instruments to trade oil such as FX $USOIL $CL_F CL $UWT $DWT $USO $UCO $SCO and more…. I am using $UWT and $DWT.

Per last newsletter:

The important thing with oil is to watch the Fibonacci levels, trend lines (diagonal and horizontal), your moving averages and your trading widths (margins / pivots). I can’t discuss the algorithm here but I can refer you to Epic the Oil Algo twitter feed for various public posts.

Widths / trading range pivots – Because oil is in a break-out you want to take your long positions at the bottom of the yellow lines and I as I mentioned in the last swing newsletter I WOULD NOT short oil in an uptrend at the top of the yellow lines. Wait to short it when it is in a confirmed downtrend – and now is not a confirmed downtrend.

Here is the long position I entered this week in $UWT:

Buy trigger alerted to members last week (green arrow) Crude algo intra work sheet 935PM Dec 18 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

So now my long position is still long as long as price is over 20 MA on the 4 hour chart (per below) or I may exit at any time. The point is, the next entry trigger I will use long wth $UWT is when the price goes below the 20 MA on the 4 hour chart and then price crosses back up through the 4 hour. This (in addition to support and resistance indicators I gave you last week) is a prmary indicator for long buys in crude oil right now.

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

$GOLD – $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Here is what I wrote last week:

So last week I said;

Here again I cannot share the proprietary algorithm components of Rosie’s algo but I can share with you the publicly posted data. Rosie predicted in July that Gold would hit this range but also warned of a 90% chance that Gold would have to hit the bottom of a quadrant on her charting. That would put Gold near 1133.00. I am waiting to see if this occurs and I will take a long trade in $NUGT at that time with a normal swing stop of about 4% and then if uptrend confirms I will scale in at 3 stages. Initial order 2000 shares the 5000 then 10000 then 20000 adding at pullbacks.

The idea in swing trading is to catch the trend reversal and then scale in when confirmed.

Good thing I waited! Price has downtrended since. It isn’t at my preferred 1133.00 so I am going to watch – if it starts to take off upward I will start to nibble with long positions with tight stops. No particular level that I would do that – just if it started to move for any more than a day and it looked like it had momentum. Then slowly enter. BUT THE PREFERRED play is to wait for that 1133.00 WHICH COULD COME QUICK NOW.

Here is the simple chart of the day for Gold swings:

Keep it Simple Chart of Day. 100 MA 1 WK Buy Sell Trigger. Gold algo intra work sheet 1022 PM Dec 18 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

When the price of Gold turns back up above the 100 MA (blue line) on the 1 week chart that is as simple an indicator swings as you can get. And sell when it turns down below. I am watching this and other indicators per previous. For tighter tighter time-frames refer to Rosie the Algo subscription – but for swings I would use this indicator.

Keep it Simple Chart of Day. 100 MA 1 WK Buy Sell Trigger. Gold algo intra work sheet 1022 PM Dec 18 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

$SILVER $SLV $USLV $DSLV

As I wrote last week:

Silver is in exactly the same position as Gold – wait for the Gold confirmation before entering IMO. Use the same scaling principals. Watch SuperNova Silver twitter feed too.

I have always said that Silver will hold up better in a downtrend, but it doesn’t mean you take a long position yet. Sure, it came up a bit since last week, but the idea is to catch the tren reversal and scale in to it for a large gain over time.

Here is a simple chart of the day for Silver swing trading:

SILVER Keep it Simple Chart of Day. 1 Week Buy over 200 and 20 MA Sell Under 20 MA $SL_F $SLV $USLV, $DSLV

So this is an indicator set-up for Silver swing trading that I will be using. Buy signal is when price is over 200 and 20 MA on the 1 week chart and sell signal is when price is under the 20 MA.

For tighter tighter time-frames refer to SuperNova Silver Algo subscription – but for swings I would use this indicator.

SILVER Keep it Simple Chart of Day. 1 Week Buy over 200 and 20 MA Sell Under 20 MA $SL_F $SLV $USLV, $DSLV

$VIX

Last Week I Wrote:

I am going to enter a long position in $UVXY or $TVIX for a short term swing (less than 10 days hopefully) at as close to 12.20 as I can get – if I can’t get that I am looking at 12.77.

Considering the geo political environment I won’t be shorting the $VIX unless it gets really extended to topside – which it is not right now.

So it came down to my price target and I didn’t take a trade – I watched. Then it spiked and I would have had a short term gain. Now it’s sitting back at my buy target area and I am going to watch.

If it starts upward I will likely take a trade long in $TVIX or $UVXY and exit by ratcheting up my stops as it goes. Where exactly where I take that trade? I don’t know. But I’m getting more confident with it because of two reasons.

1. At the end of day Friday the there was $VIX insurance buying even while $SPY was spiking at end of day and $XIV (which is the opposite of $VIX) wasn’t moving like it normally does when there is a $SPY spike. Now, $VIX isn’t determined by $SPY but it is a signficant factor. So when they move in this way it is time to pay attention.

2. ALSO, the CNN fear and greed indicator is near all time highs for greed. If you study it out there is a correlation – when greed is this high 9 times out of 10 there is a spike in $VIX because if nothing else investors start taking out insurance. http://money.cnn.com/data/fear-and-greed/

Now, if the $VIX does spike, and the spike is significant I will short the $VIX because that is always easy money – but that is something that has to be determined on an intra level and I can’t give you levels here on a swing alert.

Here is a keep it simple swing trade for the $VIX on the long side and the short side that I will be using:

$VIX Keep it Simple Chart of Day. 50 MA cross 200 MA to upside buy and when it turns under 20 MA sell short. $TVIX $UVXY $XIV

It doesn’t get much easier than that for long and short side of $VIX – but you do need to babysit it close because it can swing drastic – so set stops.

$VIX Keep it Simple Chart of Day. 50 MA cross 200 MA to upside buy and when it turns under 20 MA sell short. $TVIX $UVXY $XIV

$DXY – US Dollar ($UUP)

$DXY Keep it Simple Chart of Day. 200 MA and 50 MA 1 Day Cross Buy Sell Trigger $UUP

The simplest swing trading indicator on the US Dollar I was able to find. 200 MA and 50 MA cross on the 1 day chart for long and short positions.

$DXY Keep it Simple Chart of Day. 200 MA and 50 MA 1 Day Cross Buy Sell Trigger $UUP

$JUNO

Last week I wrote this:

This is a wash-out snap-back swing that I really like. It is up in premarket today but I believe there is a lot of room here. My timeframe is 3 months and I expect a lot of that gap fill to come in to play at 29.83. It has resistance at 22.87 but I don’t think it will hold. One of my favorite swings right now.

So this one didn’t do as well, but I am holding and I will enter with more of a position if it gets back up off it’s feet and starts trending up. Like I wrote, my time-frame is 3 months so I will be patient.

So $JUNO has continued to be soft… I am still in and holding – I will be looking for a long add when I get solid buy triggers. I will update mid week if I take a long position trade.

$CBMX

I wrote this last week:

This IMO opinion is a fantastic opportunity – but it does have its risk. You wll have to research the company on your own and make a determination for yourself. But if you find after your research that you think it’s a decent hold for a month or two it is one of the best swing plays on the market at this price IMO. I’m looking to add today to my position.

Well this one worked out well too, I am currently adding in near the 2.90 level. A mid term hold for (3 – 6 months) and I expect close to 50% gain on it. But it is high risk so set stops.

I am still in this. I will be adding to my position long if and when price nears the yellow line on chart.

$CBMX Swing Trade Chart

This comment from last week remains the same:

That’s about it for this week. I am waiting for the market inflection to settle down and a little more of the indices to settle on the other side of this Trump trade before scaling in to any indices plays and the like. But as I said I am running about 40 charts on plays I am looking at and hope to start adding some of those for next Sunday!

Have a great week and if you have any questions email anytime!

Best of luck!

Email us with any questions!

Article Topics; Swing Trading, $JUNO, $CBMX, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX

Dec 2016

S&P 500 $SPY Trading Chart Updates Monday Dec 19 $ES_F ($SPXL, $SPXS)

S&P 500 $SPY Trading Chart Update Monday Dec 19 $ES_F ($SPXL, $SPXS) Chart and Algorithm Observations Good morning!

S&P 500 $SPY Trading Chart Updates Monday Dec 19 $ES_F ($SPXL, $SPXS)

SP500 (SPY) Algorithm $ES_F, $SPXL, $SPXS, Algorithms, Chatroom, Fibonacci, Freedom $SPY Algo, Gold, SPY, Stocks, Trading, Wallstreet FREEDOM SPY

S&P 500 $SPY Trading Chart Update Monday Dec 19 $ES_F ($SPXL, $SPXS) Chart and Algorithm Observations

Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P trade report.

IMPORTANT NOTICES:

Short Term Pause: As I warned previous, the machines have stopped trading (for the mos part) as of noon Dec 14. The resistance I alerted on a number of occasions is where the machines stopped trading.

NEW: Market Inflection? We consider this a high probability point of market inflection. So we are going to take this opportunity (and being that is the end of the year and we plan to do this with each algorithm model each year at this time) to reset / apply all our indicators and establish new targets for the new year going forward. Between now and Jan 1 I will be introducing new traditional indicators daily to my reporting (which will allow our subscribers to see and be a part of the process) and by the time Jan 1 is upon us we will have sorted through all the primary indicators that affect $SPY trading, I will have given each a weight (in terms of how significant the indicator is to be considered within my algorithm) and we will then have algorithmic trading ranges and targets for all time frames (1 min, 3, 5, 15, 30, 1 hr, 4 hr, 1 day, 5 day, 1 month). We can then track my call hit rate % performance for 2017 also. This is the same process the other algorithms that have been developed before mine have undergone. The bottom – by Jan 1 the complete algorithmic modeling will be done for $SPY and our members will partake in / witness the process over the coming ten days or so.

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 the S&P500 (more specifically $SPY). In early 2017 I will also provide algo indicators and charting for $ES_F.

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. Please review my algorithm development process and a recent post by my developer that explains more about “Why Our Algorithms are Different than Most”.

I Am In Very Early Stage Development

My algorithm is the fifth in the line of six that my developers are working with – which means I am in the very early stages. So you will find my charting below to be very simple (relative to say the first algo they developed EPIC the Oil algo). So if you find that my initial charting does not assist you with an edge in your trading please let the office know by emal [email protected] within 30 days at most of signing on so they can refund you. If you do chose that option, you can always check back early 2017 when my algorithm processes / indicators for your trading edge will be very extensive (mid Jan).

$SPY Trading Observations:

$SPY Hit the resistance alerted to members prior to Fed and has not recovered since. 522 AM Dec 19 $ES_F $SPXS $SPXL

$SPY Hit the resistance alerted to members prior to Fed and has not recovered since. 522 AM Dec 19 $ES_F $SPXS $SPXL

Keep it Simple Chart of the Day:

S&P 500 Keep it Simple Chart of Day. Buy sell 200 20 MA cross on 1 Hr. $SPY $ES_F $SPXS $SPXL – or you can trade on tighter MA indications per below:

Building the Probabilities for Buy Sell Signals in Algorithmic Model – We Start With Simple MA’s

With our algorithmic modeling our development philosophy has been to keep it simple. One way we do this is to start with the MA’s and how they might become predictable buy and sell triggers on various time-frames – once we have reviewed them all (which I won’t include all in these posts because there are many hundreds of variations and these posts would become books) we then calculate the win rate % for each win / loss for each time frame for each MA. Simple right? It actually is – the more difficult part is actually processing the information.

Once we have the MA data processed for all time frames we then have buy / sell triggers with probabilities attached to each for our buy / sell alerts. We can then move on to other indicators such a Fibonacci and many more (all of which become part of our probability set for algorithmic targets). So for the next few days we will review some of the more considerable MA’s a trader can look at.

For shorter time-frame trading, below are tighter trading considerations than the chart above:

$SPY Tighter trading buy 20 MA crosses 200 to upside – sell 20 MA crosses 50 downside on 1 Hour. 538 AM Dec 19 $ES_F $SPXS $SPXL

Trading tighter has the entries long when 20 MA crosses 200 MA to upside with a sell / short signal when price is under 20 MA and 20 MA crosses 50 MA to downside and then when 20 crosses 50 MA to upside again take the long. This has proven to be a predictable trade (analyzing the last 12 months) – as long as trade isn’t choppy to side.

$SPY, Chart, 20 MA, 50 MA, 100 MA, 200 MA

$SPY Tighter trading buy 20 MA crosses 200 to upside – sell 20 MA crosses 50 downside. 538 AM Dec 19 $ES_F $SPXS $SPXL

$SPY Tighter trading buy 20 MA crosses 50 MA to upside on 5 Min. 6 AM Dec 19 $ES_F $SPXS $SPXL

Trading long when the 20 MA (light blue) crosses the 50 MA (purple) on a shorter time-frame (the 5 minute chart) can provide a moderately predictable intra-day sniping trigger for the long side but is not nearly as predictable as the set-ups above when you back test the win ratio and win range going back 2 years on the chart.

$SPY Tighter trading buy 20 MA crosses 50 MA to upside on 5 Min. 6 AM Dec 19 $ES_F $SPXS $SPXL

Fibonacci:

$SPY The 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 614 AM Dec 19 $ES_F $SPXS $SPXL

$SPY Close-Up. The 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 618 AM Dec 19 $ES_F $SPXS $SPXL

Caution here because $SPY is consolidating after a run-up – but the indicator is there tentatively nonetheless!

$SPY Close-Up. The 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 618 AM Dec 19 $ES_F $SPXS $SPXL

Alpha Algo Trading Lines:

Over next ten days we will establish these based on indicators above and market inflection end of year price action.

Alpha Algo Trading Targets:

Over next ten days we will establish these based on indicators above and market inflection end of year price action.

Intra Day Algo Trading Quadrants:

Over next ten days we will establish these based on indicators above and market inflection end of year price action.

Time / Price Cycle Change Forecast:

Over next ten days we will establish these based on indicators above and market inflection end of year price action.

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

Freedom the $SPY Algo

Article Topics: Freedom $SPY Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $SPY, $ES_F, $SPXL, $SPXS

Dec 2016

My Stock Trading Plan for Friday Dec 16, 2016 in Chat room. $EVOK, $SHIP, $ESEA, $DCIX, $TIG, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REPORTING: This will be another quick report. The market is settling in now from an algorithmic modelling perspective and we expect all charting for all algorithms to be done and published again before Monday morning market open. IT IS IMPORTANT TO NOTE that the calls all the algos have made since inception seven months ago HAVE NOW HIT. THIS MEANS that there is a VERY HIGH PROBABILITY WE ARE RIGHT IN THE MIDDLE OF THE MARKET INFLECTION. So we are going to publish trade levels for all algos for direction up and down. If you are not a subscriber of a specific algo we cannot share detailed info about these algo calls (other than what is made public or is determined to be early beta for an algo). BUT OUR ROOM SUBSCRIBERS and DAILY MARKET NEWSLETTER subscribers will see the traditional charting we do and will be published (which is a precursor to and what we use to calculate the algo targets anyway). I say all of that just so that everybody is clear about how we do our reporting because we have received a number of inquiries the last 72 hours about this topic:) And frankly at inflection when the reverse trends occur that is the most important time in markets. So hopefully I explained that right.

So bottom line is today’s report is thin and starting Monday you will find the charting to become much more focused toward the upcoming moves in the market.

Per yesterday:

Yesterday came and went and there was some time / price cycle changes in each algorithm as a result of the Fed speak so we are including algorithm subscribers in this newsletter distribution this morning because it will be a day or two until price action settles and machine prediction is such that the algo targets. algo lines, time and price cycles, and intra trading quadrants can be published.

The trading room had issue yesterday with intermittent internet (which is bizarre because we have the best you can buy and we are supposed to be in a jurisdiction that has one of the best internet connectivity in the world). Anyway, if this occurs today (as with yesterday) we will just keep signing back in with you guys. While I am writing this is an issue again.

The algos have been nailing targets so be sure to review their Twitter feeds and the Post Market Trading Results newsletter from yesterday that was published this morning.

As far as timing is concerned with the algos, we have them all ready (the last few laggards) so when things settle over next day or two they will all finally be published in complete detail. It’s been a long seven months of work 🙂

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out before Monday morning. WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close.

Momo: $EVOK, $SHIP, $ESEA, $DCIX, $TIG

Petrobras signs $5B deal for Chinese financing, oil supply http://seekingalpha.com/news/3231083-petrobras-signs-5b-deal-chinese-financing-oil-supply?source=twitter_sa_factset … #premarket $PBR

MGM and Wynn rally after Goldman weighs in favorably on casino sector #premarket $MGM $LVS $BJK

S&P flat.

10-yr +0.26%.

Euro +0.44% vs. dollar.

Crude -0.61% to $50.59.

Gold +0.62% to $1,136.85.

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

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $EVOK $SHIP $ESEA $DCIX $TIG $CANF $SINO $HZNP $JBL $DRYS $TXMD $PES $TSL $MTL $GSL $SDRL 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: $AKAO (momentum play this week), $AGIO (recent wash-out), $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).

(5) Upgrades:$REGN $POR $PEG $RPAI $WRE $VER $CLI $DRE $BRX $BRO $PAYX $ADP $HZNP $SAIA $AVB $GE $KSU $SLG $MAC $COR $ESS $CP $ERIC $CCE $BID $VEEV $BCRX $KO $CLX $KSU $XEC $RICE $OXY $TGB $CRR $PES $AXL I will update before market open of refer to chat room notices.

(6) Downgrades: $DUK $PEGI $JWN $MRT $MPW $UDR $KIM $EPR $DEI $DCT $BDN $DRI $MSGN $CCP $SRC $SRC $ICLR $HP $NE $DO $RIG $ATW $DO $OII $TTI $HR $DOC $BXP $CPT $STOR $CDR $MRTN $KNX $HTLD $LSTR $CGI $WERN $RDC $FI $WTW $XEC $WLL $RSPP $CXO $CRZO $APA $SGMS $Q $PTEN 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 $ES_F ($SPXL, $SPXS)

On Monday you will have charting levels for the up move, the down move and the sideways move. Price is stuck at resistance I alerted before the Fed.

Outlook:

As I wrote this week:

In yesterday’s premarket (as I mentioned above) I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who know?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know. Detailed charting on deck.

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

Outlook:

As I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

As I wrote over and over again since July 2016 when our algo locked the math in:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting.

$USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

$USD/JPY Caution Gold bulls. Not broken yet. Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/FunXs6s1l7

— Curtis Melonopoly (@curtmelonopoly) December 7, 2016

USDJPY Bears were wrong. And will continue to be wrong until chart is broke. Aint broke.

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

Rosie the Gold Algo target call HIT!

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/Uqoxwu4fCt

— Rosie the Gold Algo (@ROSIEtheAlgo) December 5, 2016

Hit price target predict @RosietheAlgo fr July waiting for algo quad confirm long. $Gold $GLD $UGLD, $DGLD $GDX $NUGT, $DUST, $JDST, $JNUG pic.twitter.com/aZ5m6n0fJ8

— Curtis Melonopoly (@curtmelonopoly) December 7, 2016

Target Hit! Gold collapses to @ROSIEtheAlgo 1133.00 price target bottom quadrant. $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo pic.twitter.com/UYUOKoVw3J

— Curtis Melonopoly (@curtmelonopoly) December 16, 2016

Per recent posts:

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

SILVER. Well here we go🔥 Target Hit! @SuperNovaAlgo called 15.80 – 16.25 price target months ago! $SLV $SI_V $USLV $DSLV Algos on fire! pic.twitter.com/qQyynuchnS

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

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

My Plan for Trading Silver: same

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.

Silver fighting with resistance. It could pop to 200 MA on 1 week. Possible. $SI_F $SLV $USLV, $DSLV

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

We had a crazy set-up and trade execution in the room yesterday that I am hoping I get time to do a video on this weekend! Chart with entry and exit points is below.

Outlook:

Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second. We are looking toward Friday target now.

Trading Plan: I am in here on three entries – deep. Friday targets are above and below so this is a tough place.

Right ear sidewinder oil play called right to the second in trading room. Entry – exit Crude algo intra work sheet 418 AM Dec 16 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per yesterday:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $EVOK, $SHIP, $ESEA, $DCIX, $TIG, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Pre-Market Newsletter Thurs Dec 15 $CBIO $BOSC $PIR $ATHN $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

My Stock Trading Plan for Thursday Dec 15, 2016 in Chat room. $CBIO $BOSC $PIR $ATHN $USOIL, $WTI,

My Stock Trading Plan for Thursday Dec 15, 2016 in Chat room. $CBIO $BOSC $PIR $ATHN $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

This will be another quick report – with the recent OPEC volatility and Fed Speak volatility there is 100 times the work recalculating algorithmic models – so ya, best!

Yesterday came and went and there was some time / price cycle changes in each algorithm as a result of the Fed speak so we are including algorithm subscribers in this newsletter distribution this morning because it will be a day or two until price action settles and machine prediction is such that the algo targets. algo lines, time and price cycles, and intra trading quadrants can be published.

The trading room had issue yesterday with intermittent internet (which is bizarre because we have the best you can buy and we are supposed to be in a jurisdiction that has one of the best internet connectivity in the world). Anyway, if this occurs today (as with yesterday) we will just keep signing back in with you guys. While I am writing this is an issue again.

The algos have been nailing targets so be sure to review their Twitter feeds and the Post Market Trading Results newsletter from yesterday that was published this morning.

As far as timing is concerned with the algos, we have them all ready (the last few laggards) so when things settle over next day or two they will all finally be published in complete detail. It’s been a long seven months of work 🙂

Current Holds:

$CBMX, $JUNO, $UWT

Market Outlook:

Rupert Murdoch’s Fox announces takeover for remainder of Sky. $FOXA up 3.5% #premarket.

Momentum: $CBIO $BOSC $PIR $ATHN

Gold $GLD and Miners $GDX:

From yesterday:

Gold and miners may get a pop here with the Fed (and of course Silver in same boat). But there is the lingering bottom of the quadrant at 1133 from our Gold algo probability – so stay tight on it. $USD/JPY is off a bit in morning trade but it is also at a critical support so be careful!

In over night trading the bottom of that quadrant call was touched – so be prepared for long trade signals. We will scream it from rooftop if it comes.

Gold algo price predict target 1133.00 in sight. Gold algo intra work sheet 522 AM Dec 15 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

$VIX – now that we are other side of Fed this is not high on my watch list until between Christmas and Trump power transfer.

$NATGAS $NG_F has come off some from important resistance and lost the support I was watching. Now watching 3.34 support for action there and it is trading this morning at 3.44. This is on watch with me. Although we don’t have an algo to rely on as I’ve said.

$SPY

As I wrote yesterday:

$SPY hit the resistance zone I alerted in yesterday pre-market, came off, got steam popped above it and then yesterday struggled at the resistance I alerted and through the night struggled with that 277.80 area of resistance.

$SPY in premarket s 225.88 which isn’t that far off and the chart is not broken (just need algo reset as I said) – so we will get you detailed charts soon for these resets.

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

As I wrote yesterday:

Crude oil hit its algo target at 4:30 Tuesday after market close and at time of writing at 643 AM price is on its way toward the Wed 1030 AM targets. There are indicators turning intra bearish in the upward trending channel.

It did lose support in Fed speak volatility so the bearish indicators played out, however, it is still trading in upward channel which is still over all bullish – yet weaker with resistance overhead at yellow line.

And that brings me to momo stocks and rotation therein, looks like we continue with huge opportunities there also!

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

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $CBIO $BOSC $PIR $ATHN $DSLV $JDST $ARWR $DUST $ONVO $DGAZ $NMM $MDLZ $MTL $LLY $IDXG $KKR 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: $AKAO (momentum Monday and Tuesday), $AGIO (recent wash-out), $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).

(5) Upgrades: $AMD $XLNX $OKS $MMP $UNVR $TEF $CVX $HEI $FLO $PFIE $ZTS $MA $V $DXCM $SWFT $RRC $KSU $HLT $CVGW $TCBI $ZION $FHN I will update before market open of refer to chat room notices.

(6) Downgrades: $BPL $TEGP $PSXP $NOG $PLXS $MIDD $MOH $GIS $VRX $BBG $ZBH $EAT $WY $ACRE $OKSB $HYH $NLY $AGNC $BXMT $ARI $STWD $GIS $LADR 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 $ES_F ($SPXL, $SPXS)

Outlook:

As I wrote yesterday:

In yesterday’s premarket (as I mentioned above) I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who know?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know. Detailed charting on deck.

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

Outlook: Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

As I wrote over and over again since July 2016 when our algo locked the math in:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting.

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

Per recent posts:

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

Per yesterday:

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

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

AS I WROTE LONG AGO – IT WILL HOLD UP BETTER THAN GOLD BUT I TRADE IT LONG WITH GOLD LONG ANYWAY. A downtrend is a down no matter how you look at it.

My Plan for Trading Silver: same

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.

Silver fighting with resistance. It could pop to 200 MA on 1 week. Possible. $SI_F $SLV $USLV, $DSLV

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

Outlook:

Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second.

Per yesterday:

There are concerning indicators that could cause crude to visit the bottom of the upward trending channel – so I am watching close at the critical supports. Also waiting for Fed speak market reactions.

Trading Plan: I am in here and I will hammer down more if it gains a support and runs. Friday targets are above and below so this is a tough place.

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per yesterday:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article, “Why our Stock Algorithms are Different.”

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: $CBIO $BOSC $PIR $ATHN Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Post Market Wed Dec 14 $VCL $GLD $GDX $UWT $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Dec 14 –

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Dec 14 – $UWT, $SPY, $VIX, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NG_F, $UGAZ and more.

Intro:

Notices:

Notice: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

$SPY: The S&P 500 Algorithm is starting to fire on all cylinders too (which is good – its 5th in development process so its newer than others).

From my post market report Monday,

Well, we have Fed talk Wednesday so yes the market may oompff a bit – but I expect it to run again until near Christmas or even closer to Preident Elect Donald Trump’s power transition.

I followed up with a warning in the member’s premarket with specific area of challenge in $SPY chart at 227.80.

Price action on $SPY struggled with that area all day and remained a challenge overnight, Wed Fed day challenged price action and overnght it is still struggling BUT THE CHART IS NOT BROKE and until otherwise our algo predicts are in play (new reports processing and available within a day or three).

And our $VIX algo been hitting it on intra calls too which is awesome to see.

Gold – $GLD $GDX $GDXJ $NUGT $DUST $JNUG $JDST $GC_F

Per yesterday:

Our Gold and Silver algorithms have said wait on a buy because of the 90% chance of Gold going to lower quadrant (you’d have to see our Gold algo Twitter to get the whole story – but the calls have been in place for months while many were bullish on Gold prior to election in Summer and Fall 2016)… anyway so Gold did deflate more as called – so yes, Gold and Silver algos hitting perfect too. These are exact price calls BTW. And the $DXY algo has been nailing it.

So our Gold price target of 1163 from months back has hit and overnight it got down to 1151 which puts Gold very close to the 90% probability of a hit to bottom of quadrant from @RosietheAlgo with posts going way back.

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/Uqoxwu4fCt

— Rosie the Gold Algo (@ROSIEtheAlgo) December 5, 2016

Gold algo price predict target 1133.00 in sight. Gold algo intra work sheet 522 AM Dec 15 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

$USOIL $WTIC $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP

So that leaves our inaugural algo EPIC!

From yesterday:

Epic the Oil Algo calls price and time for every Tuesday at 4:30, Wednesday at 10:30 and Friday at 1:00 (and much more than those calls) the week prior in his newsletter oil reports the week prior so that traders can plan their trades etc. Anyway… the Tuesday at 4:30 price and time target zone was hit yet once again! He’s firing at 93.3% call win rate (all published in advance like all over our algos).

And what do you know! Wednesday EPIC the Oil Algo HIT THE PRICE PREDICT TARGET TO THE EXACT CENT AT THE EXACT SECOND OF THE PREDICTION NINE DAYS PRIOR!

So were weren’t sure which target was going to hit – funny thing is primary target hit right to the cent at the second of the call and the secondary target hit about 2 seconds later right to the exact cent also. What a day for EPIC. Below is a shot of when price was on its way to targets and above is price of crude hitting both called targets within seconds of each other.

Price on its way to highest probability targets identified for Wed 1030 AM. Crude algo intra work sheet 439 AM Dec 14 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Our Trades:

I only took a couple long positions in my swing account on $UWT and held overnight.

So the room was really quiet because of the Fed speak.

Mathew has BEEN NAILING his trades and his alerts in the room have been awesome. He’ll be in the broadcasting daily here soon with me alerting his trades too and posting results and a pre market watch list on blog soon also.

Primary Lessons That May Help You With Your Trades:

Nothing new here from me.

Again, Mathew would have a book full of lessons with his trades lately (lots for folks to learn there) so it will be nice to have him on audio broadcasting in the room and I look forward to his watch lists and blog posts.

Looking Forward:

Now we are waiting for price action for our six algos to confirm targets etc and we’ll trade the other side of this inflection. IT IS GOING TO BE NUTS! Watch the algos on this inflection trade!

Announcements in Trading Room:

09:02 am Curtis M : Notice: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

09:09 am Curtis M : $VCEL $BCLI $NSR $IDXG $ADHD $GOL $RCON $RUSS $DWT $AMRS $PRTO $SCO $OPHT $JNUG $LYG $MTL

09:11 am Curtis M : Notice: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

01:51 pm Curtis M : We are experiencing intermittent internet outages in our area – if we stop broadcasting we will re-enter after each outage.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:11 am Curtis M : On Watch: $VCEL $BCLI $NSR $IDXG $ADHD $GOL $RCON
09:27 am Mathew Waterfall : Wouldn’t be too surprised to see a bit of a shake and bake into the fed as we are all pretty nervous overall. I’ll be sitting on my hands unless something crazy happens
09:27 am Curtis M : Watching $VCEL over 4 and dont see a lot of action this side of Fed FYI likely sit
09:31 am Curtis M : 52 week highs $NSR $RACE
09:32 am John M : Short $AKAO
09:32 am Mathew Waterfall : $CRBP pop off open. I am putting a trailer on this
09:33 am MarketMaven M : $VRX long 14.75
09:34 am Sammy T : Was going to short $VCEl glad I didn’t POP
09:35 am Mathew Waterfall : Out of $CRBP at 8.2. Didn’t get much out of that, want to lighten up before the fed. Small win
09:35 am Curtis M : $ADMP vol on scan
09:43 am Curtis M : 53 Week New highs $CDZI $DF $HOV $LIOX $MC $RICK
09:44 am MarketMaven M : Long $NWBO small
09:45 am Curtis M : Looking at oil related long near support post Fed and Natural Gas – likely sit on hands
09:46 am Mathew Waterfall : Couple $AAPL weekly 118’s @.25. Looking for some continuation afer breaking out of the bull flag pattern
09:46 am Mathew Waterfall : Fill at .23 it looks like
09:47 am Mathew Waterfall : And $CRBP taking off after I’m out lol love that
09:50 am Ronny D : $AKAM looks decent long now.
09:52 am Curtis M : Crude support test here.
09:53 am Curtis M : If crude doesn’t hold this support and hits downdraft check your algo target below. Lots of air.
09:54 am Mathew Waterfall : $ON Jan 13c’s. Bought a few at .55. If this slips I’m out, but just broke above resistance and saw soe good buying action this AM
09:56 am Mathew Waterfall : IRAQ IS RAISING OIL EXPORTS, NOT CUTTING — SOMO SHIPPING DOCUMENT: DOW JONES
09:59 am Mathew Waterfall : FANG on th move. $AAPL and $FB moving north with $NFLX lagging
10:01 am Ronny D : Short $JPM
10:02 am Curtis M : Crude bulls have it over support
10:12 am MarketMaven M : Nice buys in CL
10:14 am Mathew Waterfall : Whoever had the $VRX long be careful. It looks pretty weak here and from now until the end of the year it’s a prime tax loss sell candidate
10:16 am Mathew Waterfall : $JPM and $GC trying to go green. $BAC already there. Rate hike already baked in but these might get an extra little pop off of the hike news
10:18 am Curtis M : $BAC Im sure I got wacked on Fed day last year too – cant recall who else brought that up
10:21 am Curtis M : EPIC target looking good for price and time predict for 10:30 AM today – in target zone
10:31 am Mathew Waterfall : $AKS and $CLF ripping. If you followed me in you can take small gains here, I’m holding but will consider dumping half of my position if they double to cover costs and let the rest ride free
10:54 am Curtis M : Sorry guys was just doing some high fives in the lab there
10:55 am Curtis M : So oil is bullish
10:56 am Curtis M : As long as oil holds the support lines (yellow) the next targets are up
10:57 am Curtis M : Keeop in mind Friday targets are less predictive than Tues and Wed but they are good too like 85%
11:02 am Carol B : Unbelievable EPIC call guys
11:03 am Curtis M : Epic the Oil Algo is my buddy lfor sure. Called that target to the penny and second.
11:23 am Mathew Waterfall : $FANG getting beat on here a bit. Still holding the $AAPL calls small position high R/R if it can fill that gap to the 118’s. $TSLA also looks interesting but calls are a little high with only 2 day sleft in the week here
11:24 am Curtis M : Sorry guys back – quick call there
11:25 am Mathew Waterfall : Casinos also looking lively here. They should get some mojo back shortly IMO
11:26 am Sammy T : I like the casinos but waiting until Fed too – we should all go on early lunch soon n come back for Fed
11:26 am Curtis M : Not a bad idea lol
11:27 am Mathew Waterfall : I debated sleeping in today thinking the morning would be slow. I was right but didn’t sleep in. I think you’re on to something Sammy
11:28 am Curtis M : Ya u guys arre prob right Ill be in lab anyway so Ill be 10 feet from monitors f anything shakes
11:28 am OILKING K : Will be quiet until after Fed for sure
11:48 am Mathew Waterfall : $ON continued call sweeps into this weakness. Interesting as it broke my chart levels, retraced, and is still getting big buys all morning
11:49 am Carol B : CL looks strong
11:52 am Mathew Waterfall : $CLF $AKS strong. Also looks like I should have taken those $TSLA calls
11:53 am Curtis M : Fed might decide $TSLA direction
11:54 am Mathew Waterfall : I just hate trading that stock, so manipulated it’s not even funny
11:55 am Mathew Waterfall : Because I am scared I am putting a stop on the rest of my $LVS Dec30 60c’s. Currently trading.8, stop at my buy which was .53
11:55 am Mathew Waterfall : Already rolled the $MGM to take profit and sold against the $WYNN for those keeping track so not as worried about those positions
12:09 pm Mathew Waterfall : More $CLF sweepers coming through. Also seeing some $IWM play betting on a strong bounce post fed
12:13 pm Curtis M : Long $UWT
12:13 pm Mathew Waterfall : Not sure if or when we will get there but orders in on $AKS and $CLF calls. Selling half of both at the double mark to keep the other half of each for a longer term play
12:25 pm Mathew Waterfall : $LVS stopped raised a dime to .63. Will let this play out, but want to make sure I get some profits so likely last raise until stock hits 59.5-60
12:41 pm darni t : I’d like to follow you on that UWT long but I am going to wait for Fed
12:41 pm Curtis M : Ya I get it. Im in small. Waiting too.
01:00 pm Mathew Waterfall : $LVS approaching 2 bagger. 1.015 flasshing from .53 entry. Not a horrible time to step off the ride but I am greedy and let my winners run
01:01 pm Mathew Waterfall : What I’m watching in $AKS http://tos.mx/cqcKoF
01:14 pm Mathew Waterfall : $LVS stop raise again. If we can hit the 59.5 monday premarkey high today, I’ll likely lock and sell. If not I’ll let it keep working as I think all of the casinos will see their Friday highs here before too long
01:17 pm OILKING K : I think market going to fly high soon. Very soon.
01:22 pm Mathew Waterfall : I hope you’re right OKK. Also, if you guys are looking at set ups post them up. Or if you think we can help break down a chart or something we can work on that as well
01:23 pm Sammy T : Thanks Matt!
01:23 pm Mathew Waterfall : Shoot me a PM if you don’t want to post it here for some reason
01:23 pm Michael P : i will prepare some stuff this week for you to look at Matt
01:23 pm Mathew Waterfall : Sounds good
01:36 pm Mathew Waterfall : Out half $AKS Dec23 11’s. .41 from .23. Sold a bit earlier than planned but IV just cranked on these guys so I took to opportunity. Will hold the other half. Sticking to plan on $CLF as I have more time there with the Jan17 12c’s
01:39 pm Mathew Waterfall : Have an open order to sell half of those $CLF calls for .45 for anyone wondering. Again, not saying we get there but some of these fed decisions envoke a kneejerk reaction
01:42 pm Curtis M : Huge internet outages in our area right now – its fibre too
01:44 pm OILKING K : Ya it seemed to freeze on my end here
01:46 pm Carol B : Yellen show time soon.
01:46 pm stockman H : Looking long $SMRT right after Yellen
01:54 pm Curtis M : Yellen might just try and throw Trump under bus:)
01:58 pm Mathew Waterfall : I love the fed frontrunning. LEt’s see how excited the boys are today
01:58 pm Curtis M : lol
01:58 pm Mathew Waterfall : $VIX smash
02:04 pm Edward Johansson : why is the market going the opposite of the rake hike?
02:05 pm Edward Johansson : or is that just normal bouncing around?
02:05 pm Curtis M : Offside money
02:06 pm Curtis M : Institutions have to hold in to 2017 retail can cause some downdraft but not for long IMO
02:06 pm Mathew Waterfall : Yepp plus you always see big swings as people bet both sides
02:06 pm Curtis M : yup
02:06 pm Mathew Waterfall : 3 projected in 2017. Stupid if they do, they projected 4 last year though and we got 1 so who knows
02:08 pm Curtis M : Matt – u have chart on your screen? Were getting hammered by internet outages
02:08 pm Mathew Waterfall : $MPEL Dec 23 18.5’s. Sweepers all over this earlier with nice price action. Filled at .3 small position to start will add if it gets some juice
02:09 pm Mathew Waterfall : I can share mine hold on
02:12 pm Curtis M : Wierd – oh well it may go in and out all afternoon
02:13 pm Mathew Waterfall : Let me know if you want to switch to my front screen. I had to install the screen sharing program but it looks like Im set up
02:14 pm stockman H : I will be buying this dip – not sure when but I am buying it
02:14 pm Curtis M : not much of a dp yet
02:15 pm Mathew Waterfall : Covered those $WYNN Dec23 102c’s that I sold against my 100’s. Covered at .25 from .49. Will resell another set if $wynn gets a pop as I expect
02:32 pm Mathew Waterfall : $AAPL handling this well. $IWM taking it on the chin here pretty hard
02:35 pm Carol B : I will be on long side of this soon I think
02:41 pm Mathew Waterfall : Added $AKS Dec30 11c’s at .42 for a bounce to preFOMC levels. Will watch this and cut if it doesn’t get going
02:42 pm Curtis M : Long $UWT scaling another 1000
02:42 pm Curtis M : 300 prior – small entries yet
03:11 pm Mathew Waterfall : Out of second $AKS position. Will revisit after this flush. Think the maket keeps grinding higher from here but I don’t want to sit through the pain. Still holding half of original position after selling half this AM preFOMC
03:14 pm Curtis M : I thought $WYNN would do better
03:18 pm Mathew Waterfall : Same here. I don’t think it’s over for the casinos but if the market is selling off they will go along as well
03:19 pm Curtis M : I still dont think the market or oil going far – rubber band coming next 3 trading days at most IMO
03:19 pm Mathew Waterfall : Agreed. Everything still looks mostly constructive
03:20 pm Curtis M : This aint last year totally different
03:20 pm Mathew Waterfall : Most were looking for a reason to sell off. Should snap back and I would bet on another all time high before xmas
03:21 pm Curtis M : yup
03:21 pm Mathew Waterfall : $IWM Dec23 138.5c’s at .32 for the snap. Putting my money where my mouth is after it just got kicked
03:38 pm Mathew Waterfall : Big $TICK’s coming through here and $VIX slam.
03:51 pm Mathew Waterfall : And now huge $TICKs to the downside. I’m sleeping on all of my positions. Snapback still in play IMO
03:51 pm Curtis M : yup
03:56 pm Curtis M : Well I am in $UWT hold overnight if more downdraft over nnight I wll hit it again soon – Have a great night guys and gals!
03:56 pm Carol B : you too curt
03:56 pm Mathew Waterfall : See ya in the AM guys
03:57 pm darni t : thanks for the good work Matt and Curtis

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Pre-Market Newsletter Wed Dec 21 $INVN $TIG $CLLS $BCEI $UGAZ $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

Pre-Market Newsletter Wed Dec 21 $INVN $TIG $CLLS $BCEI $UGAZ $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

Post Market Report Tues Dec 20 $CNAT $FRED $GLF $AKBA $GALT $UWT $USOIL $WTIC $JUNO $CBMX

Pre-Market Newsletter Tues Dec 20 $UWT $CNAT $ACAD $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Pre-Market Newsletter Tues Dec 20 $UWT $CNAT $ACAD $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Protected: S&P 500 $SPY Trading Chart Updates Tuesday Dec 20 $ES_F ($SPXL, $SPXS)

Pre-Market Newsletter Mon Dec 19 $XGTI $GSAT $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Pre-Market Newsletter Mon Dec 19 $XGTI $GSAT $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Weekly Swing Trade Member Newsletter – Dec 19, 2016

S&P 500 $SPY Trading Chart Updates Monday Dec 19 $ES_F ($SPXL, $SPXS)

S&P 500 $SPY Trading Chart Updates Monday Dec 19 $ES_F ($SPXL, $SPXS)

Pre-Market Newsletter Fri Dec 16 $EVOK $SHIP $ESEA $DCIX $TIG $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Pre-Market Newsletter Thurs Dec 15 $CBIO $BOSC $PIR $ATHN $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Pre-Market Newsletter Thurs Dec 15 $CBIO $BOSC $PIR $ATHN $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

Post Market Wed Dec 14 $VCL $GLD $GDX $UWT $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

Post Market Wed Dec 14 $VCL $GLD $GDX $UWT $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

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