Compound Trading Monday May 8, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $HOTR, $AXSM, $INXP, $STRP – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

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

Notices:

Members. We Have Big News About our Oil, Swing Trading, SPY, Gold, and Alerts packages!

Accepting interest for mods for upcoming 24 hr Oil trading lounge launch info@compoundtrading.com $CL_F $USOIL $WTI #Oil #Trading #OOTT

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

Monday was day six of trading challenge.

Prolly biggest week of trading for Q this year so far Having a blast being a guest in the @compoundtrading room for the 2 week challenge!

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

Last market trading session Post Market Stock Trading Results can be found here:

Stock Trading Results Fri May 5 – Day Five of Two Week Trading Challenge $TVIX, $OLED, $WKHS

Premarket Trading Plan Watch-list can be found here (locked to respect members and unlocked to public about a week later for transparency):

Protected: PreMarket Trading Plan Mon May 8 $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO

$STRP Straight Path’s stock up 26% premarket after receiving superior buyout bid.

$STRAP, Premarket, Trading, Results, Stocks

$STRP Straight Path’s stock up 26% premarket after receiving superior buyout bid

Please note, for the next while, you will have to review the raw trading room footage to catch Premarket Chart Set-Ups, Market Open Trades, Intra-day Trades and Mid Day Chart Set Ups. Our staff time is being used up for other components of the platform and we also are producing the high quality learning library for our premium members. Once done, we’ll return to publishing the segments daily.

Most Recent Public Swing Trading K.I.S.S Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER

Premarket Session: 

Protected: PreMarket Trading Plan Mon May 8… $STEP, $ARRY, $MRK, $CIH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM

Popular: $STRP, $SLV, $COH, $XLRN, $HCC, $PTCT, $INO, $BABA, $FDC, $BCO, $EA, $AME, $SBGI, $MTZ #premarket

Market Day, Chat Room Trades and Personal Trades:

Today I broke so many of my rules. The first two trades I took in $HOTR and $AXSM I went long assuming the momo would go my way not following the indicators AT ALL. And I paid. The stops list were hit – so I paid for my stupidity. It felt like I did when I first learned. Terrible feeling not being in control of your trade.On $HOTR lost 280.00 and $AXSM lost 350.00.

Then later I took a intra-day break out trade in $INPX and completely broke the get out quick rule when the break-out trade goes against you and I held and got VERY LUCKY. Made 1050.00 on it.

If the was a shining star it was in my swing trades from the other side of our platform. But the swing trades and our algorithm model trades don’t count in the trading challenge:)

$HOTR, $AXSM, $INXP

Curt M_1: .63 long $HOTR 2000
Curt M_1: 1000 $AXSM long 4.64

Curt M_1: Stop set .49 $HOTR
Curt M_1: Stop $ASTM 4.29

Curt M_1: $INPX closed 4.22
Curt M_1: 5000 at .21 c
Curt M_1: Did it the hard way but got it the bugger
Curt M_1: up about 500.00 on day lol

Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:

Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … #freedomtraders

Momentum stocks. Learn when to buy, hold, sell, short. It’s more predictable than many think. How to use indicators.

If there’s anything I can do to help with your trading drop me a line on contact page or DM https://compoundtrading.com/contact/ #howto #trade #stocks

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
DRAM 4.79 292.62% 38266 Top Gainers
INPX 4.44 148.04% 10397640 Top Gainers
STRP 214.74 32.97% 1212493 Top Gainers
BRID 16.50 32.74% 24453 Top Gainers
PETS 30.38 25.43% 5026146 Top Gainers
CGI 2.25 21.62% 3085960 Top Gainers
STRP 214.74 32.97% 1212493 New High
PETS 30.38 25.43% 5026146 New High
BRID 16.50 32.74% 24453 New High
ASYS 8.19 13.28% 130700 New High
DRAM 4.79 292.62% 38266 Overbought
IAC 100.55 0.10% 1042935 Overbought
INPX 4.44 148.04% 10397640 Unusual Volume
SGOC 1.65 3.12% 1536946 Unusual Volume
SHE 66.28 -0.11% 255896 Unusual Volume
HOTR 0.49 20.99% 11364484 Unusual Volume
BPL 67.39 1.60% 401521 Upgrades
ADES 9.99 6.39% 239163 Earnings Before
TNAV 8.55 -0.58% 85875 Insider Buying

Algorithm Charting News:

“The day my life changed forever. They had told me that prices are random and that no one could beat the market.”

Conventional charts draw lines on charts after price occurs. My charts – days wks in advance. Big difference. $USOIL $WTI #OIL #OOTT #future

Wowza. Live video of direct price and time target hit Wed 10:30 #EIA report. $USOIL $WTI #Algo #OIL #OOTT

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

Swing Trading Notes / News:

$GOOGL Long since 859.01 Trading 948.45 with SQZMOM green MACD ramped and decent vol. #holding #swingtrade Kings Queens and Castles.

Swing trade members published forecast for $GOOGL “Feb 3 – 1003.17 Price Target in 2017”

$XRT SPDR S&P Retail ETF Trading 43.02. Holding from 41.67 but MACD may turn down any second, and if so I will likely close. #swingtrade

$VFC Swing trade went well, now we watch. Closed 57.84 April 27 before earnings.from 53.50 entry no hold through earnings. #swingtrading

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

NA

Gold $GLD, $XAUUSD, $GC_F :

NA

Gold Miner’s $GDX:

NA

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Why OPEC Lost The War Against Shale, In Four Charts

Oil down 68.2% from July 2008. $CL_F $USOIL $WTI #OIL #OOTT

Volatility $VIX:

Volatility Index closes at its 4th lowest level in history (9.77). Only Dec 1993 saw a lower $VIX close than today.

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

#earnings $NVDA $VRX $DIS $JCP $PCLN $ACIA $TSN $ON $NTES $PLUG $KITE $TEVA $SNAP $AGN $NWL $TSEM $JD $HZNP $SYY ??

Judging by sell-side sentiment, we still have a long way to go in stocks. BofAML:

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day).

 

Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.

Curt M_1: $ERS halt
Market Maven: mornin
Curt M_1: Hey maven
Curt M_1: looks good out there
Flash G: action for sure
Flash G: news
Curt M_1: $SBGI Halt
lenny: Lots of halts lots of news.
Curt M_1: Start premarket review at 9:15 there’s a lot going on here.
Flash G: I’ll say
Hedgehog Trader: Hi everyone
Market Maven: morn
Spiegel: Good mornin everyone
Flash G: GM
Flash G: The MA’s are here.
Market Maven: mornin all
Market Maven: What’s hot in OTC land Spiegel?
quarryrock: good am folks!
Market Maven: hey qr
Curt M_1: morn
Sandra: $HOTR is hot
Spiegel: FNBC again
Spiegel: and FNCX
Curt M_1: What r u showing for $FNCX?
Spiegel: down to .89 now. has to break $1.00 to be good
Sandra: $TOPS action again today
Hedgehog Trader: $LAC.TO / $LACDF looks like it will open higher
Spiegel: CGIX launched a new multi-gene, liquid biopsy lung cancer test that is supposedly changes the paradigm for monitoring them
Curt M_1: Still scanning etc be a few mins here
Hedgehog Trader: wonder if $ESEA gets a Europe bump
Hedgehog Trader: both $ESEA and $TOPS are based in Greece
Curt M_1: On mic in 3 mins for open>>>>>>>>>>>>>>>
mat: GM all. Oil algos nice and alert this AM it looks like lol
Curt M_1: morn
Tradergirl: gm kk
Market Maven: lol
Flash G: mornin girl!
Flash G: in pearls
Tradergirl: i saw kate in email and HAD to pop in lol
Flash G: hahahaha
Flash G: tell us the way:)
Curt M_1: .63 long $HOTR 2000
Market Maven: right in behind ya
Flash G: $AAPL time
Curt M_1: 1000 $AXSM long 4.64
Sandra: 4.47 I’m in at lol
Spiegel: in at 4.50
Spiegel: should I sign up for oil now or do you think I have a few hours?
Flash G: adding to $AAPL swing
mat: 5 cent tick pilot as well which can make things screwy
quarryrock: added $SLW $19.50 Cs .40
mat: Like that play QR. Looking at some adds on the common side this am in the miners
quarryrock: long $MEET shs $6.09
mat: CHK looking nice, looking for a clear and close over the 50
Spiegel: Curtis, If I buy the 6 month EPIC bundle for $1599 do I still get the 24 hour room or is the 24 hour room only on a monthly basis for $399 with promo code?
Spiegel: ok
quarryrock: BTO $DIS $112 $1.90 5/12
Flash G: $WKHS shorting any lift
Spiegel: FNBC is the one- So dm to Curtis Melanopoly twitter?
Spiegel: yes
Spiegel: it was from pre-market
Spiegel: Ok, I DM’d you
Spiegel: yes
Spiegel: World Traveller
Spiegel: no
Spiegel: no World Traveller @ JorgeSamosa
Tradergirl: world traveller, ‘nuf said, best handle 😉
Tradergirl: see kk always bet on hopium
Tradergirl: and me
Spiegel: wasn’t me
Curt M_1: $SIEB halt
Curt M_1: Stop set .49 $HOTR
Curt M_1: Stop $ASTM 4.29
Spiegel: looking forward to it
Spiegel: I’m an EPIC member!
Spiegel: Hurts paying with Canadian dollars
Sandra: $NAK is on
Sandra: yeehaw me too
Sandra: made a lot of money with that thing lately hahaha
Flash G: You and the Shieks
Market Maven: oh my
Flash G: its ture
Flash G: true
Flash G: they’re in EPIC heavy duty big
Market Maven: ya
Spiegel: that AAOI I mentioned from last week still going
Spiegel: 🙂
Market Maven: I actually shorted $AAP Flash – and Won!
Tradergirl_1: FlashG, u mean literally /opec/ etc
Market Maven: ha
Flash G: yes um
Tradergirl_1: get. out. lol.
Hedgehog Trader: yes sir
Hedgehog Trader: it’s been volatile for sure
Curt M_1: Back in 5>>>>>>>>>>>>> 10:29
OILK: Just got my EPIC reg – coupon code worked nice – hopefully room opens early
Curt M_1: likely will – brb
Spiegel: If you have Irish remorse if you lose then I have German angst
Tradergirl_1: Curt, are these oil scalps u r discussing now? or swings? a bit lost
Spiegel: AXSM dropping
Tradergirl_1: right, thx, level to level atm then, not predicting more distant tgts
Tradergirl_1: yep same here ok same pg thx
Tradergirl_1: ya, I use h4, but don’t wanna fade epic lol
Spiegel: So if you went short where you want to, would you just hold through everyone quadrant bounce or would you get out, back in, out…back in etc.?
Spiegel: so channels within channels within channels
Spiegel: HOTR tanking
quarryrock_1: lol just patient here
quarryrock_1: bit of a snoozer today
Tradergirl_1: bonds tanking
Tradergirl_1: urre!
Spiegel: I had LQMT on my top 10 charts but forgot to mention it this morning
Spiegel: and that will all be part of this room?
Tradergirl_1: never traded otc, aren’t commish-intensive? not even sure how trading works
Spiegel: not commish intensive unless with the wrong broker
Tradergirl_1: $LQMT great find Spiegel. what broker is good for these? halts seem scary
Spiegel: I’m Canadian so I can’t help an American.
Tradergirl_1: ok np
Curt M_1: C ya at noon:) for chart set up intensive tighter time frames for daytrading swing set ups! >>>>>>>>>>>>> off mic 11:01
Spiegel: IB charges .005 per trade up to .5% of trade value. So not good with really low priced stocks. So not good if buying over 2000 shares of something
Spiegel: Look into TD Ameritrade. Get thinkorswim with it.
Spiegel: $7 flat if do 150+ trades per Q
Deb: too bad that pen sucked back at lunch
Dave: I agree with you guys on LMQT very nice play
quarryrock: $EFA fading – right at the money now so need a bit more to capture this trade
quarryrock: still in those puts
Sammy T: $VIX drop is crazy
Sammy T: Man Flash you’re on the right side of this trade again
Market Maven: Flash been around for a while:)
quarryrock: added more $DIS $112s goal is to exit before the report on 50%
quarryrock: $1.23
quarryrock: i want some $MEET $6 but refuse to pay more than .40
quarryrock: fill at .40 or no trade
quarryrock: quick note on Disney there has been massive call buying in June at the $120 strike weeks ago. someone is bullish
quarryrock: open interest is 69,000 contracts Jun 16
Hedgehog Trader: $NAK movin
Curt M_1: On mic at 12:10 for mid day – sorry – one more quick call :):)
Tradergirl: Thx Spiegel, I have old tos account, might consider, on TradeStation atm, loathe it, tos way better
Curt M_1: on mic for mid day charts >>>>>>>>> 12:09
Tradergirl: well done Flash
Tradergirl: KK do u ever sell option premium, ex: credit spreads for summer $
Tradergirl: selling option premium for u kk
Spiegel: living the life!
Tradergirl: lol
Tradergirl: cld u pls quickly peek at kate, haven’t looked at in ages, bottoming maybe
Tradergirl: obsessed w her stuff
Tradergirl: guessing fundys awful, haven’t checked
Tradergirl: gorgeous bull candle early 17, buyer commitment
Leanne: Curtis
Tradergirl: moody as heck looooool
Hedgehog Trader: haha
Hedgehog Trader: opportunity and danger
Leanne: just remember that a happy wife is a happy life
Tradergirl: ya, looking at flush to 15ish, guessing fundys awful, ya no kidding hedgehog, lol Leanne!
quarryrock_2: BTO starter position in $KSS
quarryrock_2: 5% div yielder reprting thurs looks tasty
Curt M_1: lol going to be nice when these new systems arrive omg
Curt M_1: 5000 Long 4.01 $INPX Daytrade tight
quarryrock_2: House of Mouse through vwap
Hedgehog Trader: wonder how $ICLD moving averages look
Hedgehog Trader: looks like it’s basing
Curt M_1: $ICLD 200 ma on 30 min if it gets up above and keeps it then that’s likely the start of the turn
Curt M_1: imo
Market Maven: No Shares to short $INPC on IB
Market Maven: $INPX
quarryrock: cramer pumpin $KSS
Hedgehog Trader: Cramer danger
quarryrock: lol
Hedgehog Trader: 🙂
quarryrock: $MEET implied move is 14%
quarryrock: AAPL cured cancer apparently
quarryrock: what a beast
Dan: haha
Hedgehog Trader: $NAK booming
Curt M_1: $INPX closed 4.22
Curt M_1: 5000 at .21 c
Curt M_1: Did it the hard way but got it the bugger
Curt M_1: up about 500.00 on day lol
Market Maven: lucky
Sandra: $OPTT ITHG set up
quarryrock: $MEET HOD
Sandra: Correction: $OPTT ITG setup
Spiegel: TSLA on the move the last few minutes
Spiegel: 306 to 309+ almost 310
Spiegel: over 310 now
Spiegel: Even UWT up almost 5% from the lows just before noon
Curt M_1: looks like these algo charts and screen recorder just wont run at same time on these laptops – going to have to run that software you talke about speigle until laptops come
Spiegel: give it a shot. It’s good to have anyway
Curt M_1: ya
Market Maven: should work
Spiegel: keeps computer running smooth although even it can be overwhelmed with too much running at once
Flash G: $TSLA sure looks good
Flash G: market looks like it will be very bullish tomorrow
Curt M_1: you’re likely right falsh
Sandra: $NAK having an outstanding day
the lion: hello all and everybody
Market Maven: hey lion
the lion: mnkd is this shortsqweez ??????
quarryrock: Curt thoughts on $SLV ?
Curt M_1: On $SLV I personally would wait for the MACD on daily to curl up but I typically miss first 15% of a move because of it….
Curt M_1: $SLV on a daytrade basis….
quarryrock: im stalking USLV
Curt M_1: MACD on 60 min $SLV is trending up and price hasn’t moved – that’s actually still bearish but…. hmmmm price action says short term bottom so it’s undecided imo
quarryrock: ok TY
Curt M_1: Even the 5 min is tough
Curt M_1: its a tough chart all around – it says indecision lol
Curt M_1: $MNKD sure got lift wow
Curt M_1: coming off hard now tho
OILK: Curt your $CBMX is HOD
Spiegel: Just signed up for Swing Trading service too!
Flash G: now that you will like
Flash G: my specialty
OILK: wow $CBMX
OILK: ya I make money off swing and oil all the time I daytrade for fun lke curt
Curt M_1: back in 20
Curt M_1: good to hear spiegel!
Spiegel: Thanks. Although you’ll probably lose me in here once my one month trail is over on the 17th. The oil room and the swing will be enough to handle I think.
Spiegel: Plus I’ll be travelling all summer and won’t have time to watch 9:30 to 4 markets
quarryrock: if $MEET beats tonite expect this to fly to $8 tomrrow as players will pounce
quarryrock_1: could attract alot of MOMO bees
quarryrock_1: BTO $TGT $57.50 .37 weeklies
quarryrock_1: calls
quarryrock_1: if the strips beat this will pop ahead of their earnings
quarryrock_1: cheaper way to play the retail names if bullish
quarryrock_1: im bullish M KSS and JWN fyi
quarryrock_1: only playin KSS and TGT tho
quarryrock_1: interesting $MEET CEO and CFO are presenting tomrrow in San Fran at Internet and Digital Media Conf.
quarryrock_1: webcasting the presentation live too apparently FWIW
quarryrock: BTO $YELP $36 Cs $2.15
Curt M_1: Back for the close lol sorry bout that
Market Maven: pretty calm close
Curt M_1: Quarry…. you kicking my butt today>>
Flash G: I think he is:)
quarryrock: lol nope im just diversifying my plays to increase bankable opptys
Curt M_1: nice
Curt M_1: I’m going for the grandslam on Turn around tuesday haha
quarryrock: this week is loaded with trades
Curt M_1: yup
quarryrock: nice!
Spiegel: no singles…no doubles……just grand slams!
Curt M_1: yup one hit thats all I need lol to catch him lol
Curt M_1: $INPX kept going
quarryrock: im holding $MEET into ER ! they better not failing me ! 🙂
Curt M_1: wow
Market Maven: u should be ok
Sandra: i considered it too
Curt M_1: good luck QR
Hedgehog Trader: iirc $MEET tends to do well with Valentine’s Day ramping up biz- but we’ll see
quarryrock: nice!
Hedgehog Trader: but i haven’t followed as much lately
quarryrock: everything ive read up on them has been bullish the analysts anticipate a strong qtr and guide we shall see
Hedgehog Trader: good stuff
Sandra: $SNAP snapped
Curt M_1: Y’all have a GREAT NIGHT!!!
OILK: see ya guys
Market Maven: bye bye

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Article Topics: $HOTR, $AXSM, $INXP, $STRP – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


Compound Trading Chat Room Stock Trading Plan and Watch list for Monday May 8, 2017;  $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Today’s Live Trading Room Link:  http://compoundtrading1.clickmeeting.com/livetrading

5th day two week 20k double account trading challenge?? @Quarry_Rock +4700 and me +3900. Need to pick up pace next week. #tradingchallenge

Most recent lead trader blog posts:

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far: 

Markets: $SPY $ES_F $SPX trending toward upward price extension of our SPY algo, $GLD, $GDX, $SLV are technically on the edge to disaster still. $USOIL, $WTI lost critical support last week as EPIC the Algo warned hit the bottom of the next algorithm broad quadrant and bounced – trading in downward with predictability. $DXY is testing critical support area $VIX having a hard time with a heart beat.

OTC on watch: $ELED, $PVCT and $LIGA (I hold),$AMLH and $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD

Gaps to Watch: 

Stocks with News: $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO

SEC Filings to Watch: $CAPR $3.7m private placement at $3.10/share

Short Term Trader’s Edge: 

Holds: Most holds are small to mid size (less than 5% of daytrading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT

Various Chart Set-ups on Watch: $AGN, $CTSH, $IBB, $FEYE, $SNAP, $LACDF (will cover in mid day review)

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change.

Per recent reports:

There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. I see significant upside challenges in Oil and SPY with most recent highs being taken out.

Market News and Social Bits From Around the Internet:

8:35am
James Bullard Speaks

8:45am
Loretta Mester Speaks

10am
Labor Market Conditions Index

$STRP Straight Path’s stock rockets 26% premarket after receiving ‘superior’ buyout bid http://twib.in/l/oae6zgoGXLXz

$ARRY $MRK Array BioPharma Announces Strategic Collaboration with Merck http://investor.arraybiopharma.com/phoenix.zhtml?c=123810&p=irol-newsArticle&ID=2270726 …

Coach Will Buy Kate Spade For $2.4 Billion https://benzinga.com/z/9418411 $COH $KATE

$CRSP CRISPR Therapeutics Announces Exclusive License of Lipid Nanoparticle Technologies Developed at MIT

$FCSC DSMB recommends continuation of Phase 1/2 Clinical Trial of FCX-007

$ITCI Intra-Cellular Presents Data ‘Supporting’ the Potential for Potent and Rapid Antidepressant Activity with LumateperoneIntra-C

$AXSM – Axsome Therapeutics Gets Fast Track Designation for AXS-05

$REGN $INO Inovio & Regeneron Enter Immuno-Oncology Clinical Study Agreement for Glioblastoma Combination Therapy

$IRWD Q1 LINZESS U.S. net sales $148 million

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

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm 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 :  $HSGX, $FNCX, $JD, $KATE $NWL $TSEM $CCP $SGYP $CATM $AUY $GOGL $VTTI $DGAZ $JNUG $DGAZ $NUGT $SVXY $XIV I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List : $HZNP – 30% PM I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

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

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

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

Study:

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

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

http://finviz.com/

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

http://www.highshortinterest.com/

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

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

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

GL!

Curtis

Article Topics:  $STRP, $ARRY, $MRK, $COH, $KATE, $CRSP, $FCSC, $ITCI, $AXSM, $REGN, $INO – $PVCT, $LIGA, $MGTI, $ONTX, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD


Compound Trading Monday April 10, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $PLUG, $CYTX – $STRP, $WTIC, $GLD, $GDX, $DXY – $DVN, $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc 

Intro:

Compound Trading is trading group involved with day trading, swing  trading and algorithmic model chart trading.

Time stamped entries (in permanent archive) copied to this blog 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. At times guest traders and associate  traders will screen share charting and/or voice broadcast.

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

Notices:

Most recent lead trader blogpostWhen You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.

If you missed it, here is the Previous Day Stock Trading Results:

Today’s Premarket Trading Plan – Watchlist  can be found here:

Most recent Simple Swing Trade Charting 

Swing Trading Simple Charts (Public Edition) Apr 2 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY

Most recent Swing Trading Newsletter:

Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:

Nice to get positive feedback:) Keeps one motivated.

Premarket watch-list for me was all about: 

PreMarket Trading Plan Mon Apr 10 $CYTX, $GERN, $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT – $USOIL, $WTIC #daytrading #chatroom

$CYTX Premarket up 32% on news.

$STRP premarket up 150% on AT&T buy-out for 95.63 share

$STRP Premarket news

In play today in chat room and on markets:

Last week I was range bound to 1500.00 a day (really choppy) until Thursday got better around +2500.00 then Friday was flat and even took a small cut and Monday took a small razor cut at open and took a long position in $PLUG at EOD, Was looking at a long in $UUP (surrounding Yellen report) but didn’t, and I’m looking closely at an Oil and Gold / Miner’s short possibility. Swing trades are doing well of course because they are more consistently controlled (wider time frames with simple charting entries and exits do that).

Momentum plays on the day –

$STRP, $SITO, $LEDS, $CYTX, $SWFT, $AXON

In Play: $STRP, $GSAT, $TXMD, $GERN, $SWFT, $CYTX, $RCII, $AKRX High Uncertainty: $XCRA, $T, $DISH

Carter Worth is lit tonight and makes a compelling case for $TSLA

Trading Lessons, How-to and Educational:

If you can’t back a trade w/ tech set-up or at min fundamentals… then you deserve to take a loss. Like me w my one paper cut at open ha.

More
1/ $STUDY trading plan ex. that was sent in $CRME. Here’s what I think (and remember there’s all kinds of methods – mine are one of many).

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $DVN, $DUST, $PLUG, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
STRP 91.64 151.21% 5459539 Top Gainers
SITO 3.12 47.87% 1016379 Top Gainers
LEDS 4.33 30.03% 346117 Top Gainers
CYTX 1.72 25.55% 17617127 Top Gainers
SWFT 24.77 23.73% 26262797 Top Gainers
AXON 18.54 22.54% 4692028 Top Gainers
STRP 91.64 151.21% 5459539 New High
AKTX 19.70 6.49% 1918705 New High
EVRI 5.86 22.08% 4371728 New High
AXON 18.54 22.54% 4692028 New High
STRP 91.64 151.21% 5459539 Overbought
AKTX 19.70 6.49% 1918705 Overbought
CYTX 1.72 25.55% 17617127 Unusual Volume
FPP 0.51 28.62% 1034113 Unusual Volume
XCRA 9.63 7.00% 8929133 Unusual Volume
STRP 91.64 151.21% 5459539 Unusual Volume
AMZN 907.04 1.36% 3178955 Upgrades
CASI 1.14 1.79% 57296 Earnings Before
PLSE 21.55 7.32% 379913 Insider Buying

The Market Outlook:

Why #Fed’s plan to shrink the balance sheet could trigger a global bond crash. https://www.bloomberg.com/news/articles/2017-04-09/a-foreign-threat-to-u-s-treasuries-that-dwarfs-fed-s-debt-hoard …

This Week
$JPM $C $WFC $FAST $DAL $TSM

Next Week | preview
M $NFLX
T $GS $BAC $ISRG
W $EBAY $BLK $CSX
T $MXIM $VZ $MAT $SHW
F $GE $HON $SLB

We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.

Algorithmic Chart Model Trading / News:

Midday Algorithm and Swing Reviews: $USOIL $GLD $GOLD $GDX $DXY $AKS $DVN $UUP: http://youtu.be/JfnwvcGbPXU?a #daytrading #swingtrading

I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals

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

Swing Trading Notes / News:

Simple swing charting that keeps me level when looking at the markets (see swing trade simple charting link above). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

See mid day review video above.

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

The biggest engine of global #oil demand growth in 2016 (India) is slowing down in 2017 https://www.bloomberg.com/news/articles/2017-04-10/india-s-oil-demand-contracts-3rd-month-amid-demonetization-drag … #OOTT #OPEC #oil #shale

#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale

Volatility $VIX:

Highest $Vix close of 2017 today. Only 2nd close above upper BB since the election (the other was 2/28; $SPX ATH on 3/1)

$SPY S&P 500:

See warnings.

$NG_F Natural Gas:

NA

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)

 

Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix.

lenny: $PLUG looks good on dips, Gold looks bad, Oil looks good, $CYTX for open
MarketMaven: morning len
Sammy T: $XGTI
Curt M: $STRP, $ENRJ, $CYTX morning gaps for open
Curt M: $RPRX Halt
Curt M: https://www.thestreet.com/story/14079870/1/at-amp-t-signs-deal-to-acquire-straight-path-communications.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Curt M: AT&T (T) isn’t slowing down its acquisitions, having signed a deal with Straight Path Communications, (STRP) to purchase the communications asset company for $95.63 per share in an all stock merger.
Curt M: $RPRX Names Larry Dillaha Its Permanent Pres and CEO
MarketMaven: Short Week this week.
Flash G: A glass of scotch early.
Flash G: Buy-outs like 30 years ago in process
Curt M: On mic >>>>>>>> for open
MarketMaven: ss $AKRX
Sartaj: Are you speaking? Can’t hear you
Curt M: I am
Sartaj: Yes
Sartaj: Now it is working
Flash G: $TSLA my love.
Hedgehog Trader: $FCEL
Curt M: Long $CYTX 2.02 2000
Curt M: $CNAT 52 week high
Curt M: $TOPS tape string
Curt M: $CEI tape strong
MarketMaven: $TOPS rockin
Hedgehog Trader: lol amen
Curt M: $ENRJ +130% Halt
Curt M: $CYTX out 1.84 small loss to start week lol
Curt M: $SPX above 20 MA
Flash G: $MOMO strong
Hedgehog Trader: Curt, take a look at $FCEL
MarketMaven: $PLUG on the move
Flash G: $AMZN, $TSLA, $BABA swing trades in good shape.
lenny: $CYCC on da move
Flash G: hahaha
lenny: $ENRJ shorts have worked
Sartaj: Fighting over scraps
Curt M: That’s it for open. Doing scans and setting up for reviews to start around 11:30 EST. Run swing trade set ups between 11:30 – 1:00 PM EST today >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Carol B: Thanks Curt
lenny: $SLIO vol
Sammy T: Would short $TSLA here if it wasn’t Tesla
Flash G: $MOMO impressive
lenny: $HA curt
Curt M: $GLBS Halt – surprise surprise
Curt M: $NAKD vol
lenny: $SKLN HOD
Curt M: $GLBS watching for a 5.00 break off halt
Hedgehog Trader: wow nice
Curt M: As suspected it’s a shipper morning
Hedgehog Trader: fish and ships
Hedgehog Trader: watch $SINO shipper close to breaking above 50 dma
Flash G: $CAT strong too
Curt M: Full moon tonight?
Sartaj: Yes, reading charts is the new astrology
Hedgehog Trader: full moon tues
Hedgehog Trader: usually mkt weakness around it
Hedgehog Trader: trade nimbly
Curt M: off mic to prepare for review of swing charts at lunch>>>>>>>>>>>>>>>>>>>>
lenny: Cramer loves $TSLA
Flash G: $BABA may find residence in a new leg up
Curt M: Calls in solar…. $SPWR $FSLR etc
Hedgehog Trader: i hate when Cramer loves anything
Hedgehog Trader: Gartman-like powers
Curt M: So true Nich
Curt M: catch ya guys at lunch – not 11:30 it will be at 12:00 🙂
Hedgehog Trader: $URRE
Hedgehog Trader: WHEEE
Hedgehog Trader: $NAJK Curt
Hedgehog Trader: sorry
Hedgehog Trader: $NAK
Hedgehog Trader: my signals suggest to expect a new uptrend on $NAK here as i tweeted
Curt M: busting a gut watching this chat from tradingview
Curt M: 1 min to mid day review >>>>>>>>>>>>>>>>
Sartaj: Ready to receive
Curt M: On mic >>>>>>>>>>>>>>>>>>
Curt M: back in min

Leanne: Thanks Curtis
Curt M: Off mic >>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: nice, thanks Curt!
Curt M: np
Hedgehog Trader: weird move for $AKS
Curt M: 🙂
Tradergirl: Thanks Curt, very good stuff and spot-on imo.
Curt M: Well thanks 🙂
Carol B: Yepp:)
Curt M: Going to scan for afternoon plays. Catchya in a bit.
Flash G: $MOMO no stop just go
Sammy T: $CCCL shorts covering
Flash G: Senior bulls stepped in to $NFLX
Curt M: $CCJ break out
Sartaj: See everyone tomorrow
Sartaj: Will keep everyone in the loop for our new SMS alerts platform
Hedgehog Trader: nice recipe sharing on tradingview
Curt M: haha
Sammy T: $BLDP action
lenny: $AKTX squeeze
lenny: $CYCC on the move
Curt M: $PLUG 52 WK Highs
Curt M: $HOG chatter 73.00 BO
Flash G: Today is more about knowing when not to trade.
Flash G: $NVDS interesting strength in to close

MarketMaven: Granny on deck
Curt M: $PLUG HOD again
Curt M: Long $PLUG 2.456 5000
Curt M: Might get out of my $MGTI bag yet
MarketMaven: ha mee too
Curt M: Holding $PLUG overnight
Hedgehog Trader: PLUG is such a good stock Curt
Hedgehog Trader: especially now with AMZN stake
Hedgehog Trader: it’s greentech, which is a sector i see doing really well going forward
Hedgehog Trader: plus it has a great product that saves time and money
Flash G: $URRE looks good too
lenny: I’m in it Flash
Hedgehog Trader: $URG is another u stock that looks ready
shafique: good night
Curt M: cya shaf
Curt M: $LEDS strong close also

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Article Topics:  $PLUG, $CYTX – $STRP, $WTIC, $GLD, $GDX, $DXY – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500