Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Friday Feb 24, 2017;  $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS, $OWCP – $UWT, $BSTG, $ONTX, $DUST, $VRX, $TRCH, $LGCY, $SSH, $ASM etc 

Intro:

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

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

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:

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expected to complete weekend of 25 – 27th but it seems it will take a few more days.

 

Momentum / Notable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
CEMP 4.05 28.57% 21584676 Top Gainers
RH 31.34 24.41% 14826552 Top Gainers
AAOI 45.98 22.71% 6548873 Top Gainers
BBW 10.10 21.69% 1180754 Top Gainers
OLED 81.00 20.09% 4784078 Top Gainers
ZSAN 2.61 18.64% 9597064 Top Gainers
AAOI 45.98 22.71% 6548873 New High
KEM 11.00 5.77% 3491804 New High
TVTY 29.60 8.50% 1938379 New High
OLED 81.00 20.09% 4784078 New High
LMIA 13.71 0.22% 101563 Overbought
WOOF 90.98 0.08% 737230 Overbought
NAO 1.25 -39.02% 13366169 Unusual Volume
MAUI 24.35 1.04% 11155 Unusual Volume
EARS 0.94 2.17% 4236508 Unusual Volume
HCLP 17.35 -15.57% 18062362 Unusual Volume
AMCX 60.95 1.85% 1035774 Upgrades
ALQA 0.46 -0.65% 344275 Earnings Before
AVY 80.25 -0.50% 585917 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

07:50 am Curtis M : Morning team! Just arrived back from my trip so there won\’t be time to get any updates out. All new updates out on the weekend and new webinar series to be posted to YouTube also.Do my best to get a quick premarket trading plan out before open though.ThanksCurt

08:59 am Curtis M : Protected: PreMarket Trading Plan Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS https://compoundtrading.com/premarket-trading-plan-fri-feb-24-cemp-axdx-rh-tst-ipci-ears/ PASSWORD: PREMARKET022417

Transcript:

06:38 am ibrahim ibrahim : morning
07:48 am Sandy S : From Curt in case you didn’t get it on email…. Morning team!Just arrived back from my trip so there won’t be time to get any updates out. All new updates out on the weekend and new webinar series to be posted to YouTube also.Do my best to get a quick premarket trading plan out before open though.ThanksCurt
07:48 am Jake R : thx
08:56 am Sandy S : Protected: PreMarket Trading Plan Fri Feb 24 $CEMP, $AXDX, $RH, $TST, $IPCI, $EARS https://compoundtrading.com/premarket-trading-plan-fri-feb-24-cemp-axdx-rh-tst-ipci-ears/ PASSWORD: PREMARKET022417
09:00 am Carol B : morning all!
09:16 am OILQ K : morning all
09:17 am Mathew Waterfall : Morning everyone
09:17 am OILQ K : I see we are all a little richer with Gold up again. That makes the day brighter.
09:18 am Cara R : Except Curt haha but he’s rich enough
09:18 am OILQ K : lol
09:19 am Mathew Waterfall : Strength in the bonds as well which is a sight for sore eyes
09:20 am Curtis M : wealth at my expense – ‘m good with that… taking one for the team
09:20 am Curtis M : morning
09:21 am Curtis M : between me you and the fence post…. i’m going to try and double up small account between now and end of Tues – 3 days aggresive – not likely but gonna try and I’kk video t all and post excerpts for new traders on youtube
09:22 am OILQ K : ok great
09:23 am seth m : ya not easy but lets do it
09:24 am Sandy S : seth u new?
09:24 am Curtis M : k guys focus open on deck thx
09:26 am Curtis M : on mic
09:28 am seth m : add $NUGT
09:30 am Sandy S : with y curt
09:31 am Curtis M : L $CEMP 1000 shares start 4.22
09:31 am Jake R : right behind you huys
09:31 am Jake R : guys
09:32 am Curtis M : out 4.46
09:32 am Jake R : lol holding
09:33 am Sandy S : holding
09:35 am Sandy S : cool thanks
09:37 am Sandy S : had no idea thanks
09:38 am Sandy S : out
09:38 am Jake R : me too
09:38 am OILQ K : small win closed
09:41 am Jake R : $PULM very activer
09:49 am MarketMaven M : nice im in with ya
09:51 am OILK K : wow learning today
09:56 am Curtis M : closed 1.82 $OWCP from 1.63 buy nice
09:57 am Jake R : you make that look simple
09:57 am Curtis M : its not
09:59 am Sandy S : I’m out Thanks CURT!
09:59 am Flash G : that was awesome thank you
10:01 am Leanne Arnott : what broker do you use?
10:05 am Sandy S : schools in session
10:06 am Leanne Arnott : I use Cdn bank also but is waaay to slow for this kind of trading, can’t get in and out fast enough
10:16 am Jake R : Thanks Curt
10:18 am Leanne Arnott : it’s not one click, but i’ll try this afternoon,
10:22 am Curtis M : scanning back in a bit
10:22 am seth m : learned a lot there wow answered many of my questions
10:22 am Mathew Waterfall : Boring day continuing the lack of movement this week for me. Huge metals moves with miners not biting yet. I an taking a longer view and will sit on my miners likely at least into mid next month and they will play catch up with chasers flooding in. Will detail a couple things I’m seeing at the 11 o’clock update
10:23 am seth m : will this be on video on weekend?
10:23 am Curtis M : yes seth
10:24 am seth m : i finally understand how the indicators on your charts work awesome
10:25 am seth m : so theres VWAP test! right?
10:25 am Curtis M : yup
10:25 am Curtis M : k focus plz thx
10:26 am Mathew Waterfall : In some $NWGFF small for a start and a run back into the .20’s
10:26 am Curtis M : looking fwd to your 11am update Mat – feel disconnected with the travel
10:27 am Mathew Waterfall : There’s a lot of disconnect in this market right now so we’re on all on the same page lol
10:27 am Ed D : Seth is right – that was really good – good understanding now for me will help a lot
10:27 am Curtis M : ya
10:28 am Ed D : Curt, I have to ask quick, you just randomly say this morning i’m going to double small account in 3 days hopefully like its no big deal at 10 trades at 10% each – this is a regular thing for you guys?
10:29 am Curtis M : um…
10:29 am Curtis M : I’ll explain that on weekend video
10:29 am MarketMaven M : lol its regular
10:30 am MarketMaven M : he’s sniping w right indicators – tight trading is tight haha
10:30 am Curtis M : any momos out there guys?
10:31 am Sandy S : haha that means focus
10:31 am Curtis M : 🙂
10:35 am Curtis M : on mic
10:44 am OILQ K : learnin cool stuff guys
10:53 am NewbieHH O : hi guys
10:55 am NewbieHH O : Just want to say Have a Nice weekend !
10:56 am NewbieHH O : take care! logging out
10:56 am Curtis M : kk
10:56 am Mathew Waterfall : have a good weekend nice and early lol
11:00 am Mathew Waterfall : on the mic
11:01 am banka tronic : I’m keen on the momo trades
11:01 am Sandy S : agree
11:02 am Sandy S : mathews updates help me center too lol
11:02 am seth m : ya Mathew rocks
11:02 am seth m : 🙂
11:02 am banka tronic : ($TOPS is an example of so of these low float runners that are technical b/os )
11:03 am Curtis M : hey banka thanks for dropping in:)
11:03 am banka tronic : Thank you kindly for this trading forum :))
11:03 am Curtis M : 🙂
11:04 am Sandy S : I trade $TOPS lots like that one
11:05 am Jake R : $TOPS just came off a bit intra
11:06 am banka tronic : I look for the pre-market pops on the low floats usually under 25 million float + catalyst:some news…
11:06 am OILK K : $VIX LOL
11:07 am OILQ K : luv those plays banka
11:07 am banka tronic : Keeping an eye on the 13EPA 50&200 MAs using 1 to 5 min trendlines when volume hits5k & builds
11:07 am banka tronic : for momo trades.
11:07 am Curtis M : nice share banka:)
11:08 am Curtis M : some nuggets in there
11:08 am seth m : Mathew I’ll likey send you a few questions this weekend
11:09 am banka tronic : np 🙂 Also watch the 1Y: D chart with those indicators for possible support/resistance levels
11:09 am seth m : $CEI poppin
11:09 am Mathew Waterfall : Send me questions anytime on twitter @quadzilla_jr
11:09 am Jake R : Thanks Mathew!!
11:09 am banka tronic : Very cool info Mathew!
11:09 am OILQ K : agree
11:10 am OILQ K : learning in here everyday thanks guys and ladies
11:10 am Mathew Waterfall : you bet. quick break back in a few
11:13 am banka tronic : If those low floats that pop up on the pre market scanners are over 25% I weigh pros/cons for red to green moves where they dip then poss test market open. Too high of gap ups have a tendency to gap & crap
11:14 am banka tronic : Yet some climb pre market to 40-60 and sometimes have a .10-.20 pop if overall futures are solid hard green…
11:14 am banka tronic : 40-60%
11:16 am banka tronic : Also watch for dojis on the 1 & 5 min chart for p/a price action bullish confirm candles using a 1 or 5 min trendline for .10-.40ish scalps on those momos. Hope this info helps !
11:16 am Jake R : Thans Banka!
11:16 am Jake R : Hopefully we can see you in action in here.
11:16 am OILK K : ya
11:16 am OILK K : lol
11:16 am Sandy S : yup
11:17 am banka tronic : And then again I check the short squeeze.com just to see if there might be a nice squeeze factor if those llow floats have @ 20% shares short ;))
11:17 am Curtis M : on mic
11:18 am Curtis M : ya would be nice to have Banka do some trading yup yup 🙂
11:19 am banka tronic : I am working on these still learning only averaging $125 per trade as I dont want to risk more than $1500- $2k per trade with all the stress in my life. lol This amount also helps me cut losses quick to about $50-$100 w/o major pain. I am an activist so have to balance & keep the goooood vibes.)
11:19 am sandeep a : $NAO pop
11:20 am Sandy S : this is a good vibes room:) haha
11:20 am banka tronic : That amount also catches big time runners on those low floats w news to some $1k-$2k profits tho peeps)
11:20 am banka tronic : Ok enough from me-just wanted to put the info out there quick.
11:20 am Jake R : looking at $FUEL for aft intra scalp
11:20 am Jake R : awesome banka
11:21 am Phillip H : ya nice info
11:22 am Curtis M : a lot of the GURUS out there got chopped up this morning fyi
11:22 am Sandy S : ya noticed that curt
11:22 am Sandy S : we didn’t lol:)
11:22 am banka tronic : Also have been noticing that some of these low float spikers tend to have a culmination point that drops off at exactly 11:15am anyone notice this?
11:23 am Sandy S : yes always time of day
11:23 am Curtis M : for sure TOD huge
11:23 am John M : we ee that all the time
11:24 am Cara R : time fo day really important Curt is always preaching it
11:25 am banka tronic : $BLPH had that b/o quick 1 min trendline run up & profits got out before that 1 min trendline broke at 11:04 tho so its not an exact thing
11:26 am Cara R : ya $BLPH was one that we were in really early in cycle
11:26 am banka tronic : Ok I’m here to learn lol its easy to talk but I need to grow my profit chart as well. I ‘m still learning.
11:26 am Sandy S : haha
11:28 am OILK K : looking at $UGAZ for an add
11:28 am OILK K : and $TLT add
11:29 am Curtis M : $EDAP halt
11:31 am Curtis M : on mic
11:35 am banka tronic : Might retest that 2.70 candle on the 1 year
11:37 am Sandy S : curt makes most his green on halts banka… maybe not maybe his swings cause he uses big account in swings
11:37 am banka tronic : vol is almostmorte altough spead tightened
11:37 am Sandy S : hes a halt expert for sure
11:37 am banka tronic : *although
11:38 am banka tronic : good call MMtricks to lure look how 2.11s came in
11:38 am Sandy S : yes
11:39 am seth m : ya that one sucked
11:39 am sandeep a : $JAGX pops
11:39 am sandeep a : like your style banka
11:40 am OILQ K : $JAGX been on curts watchlists i think
11:41 am Sandy S : ya it has
11:41 am OILQ K : Silver swing going awesome
11:42 am banka tronic : thank you $JAGX is a very nice mover on news. Some of these co.s seem to put out *news as per the chart. Nice channel on that 1h chart
11:43 am OILQ K : decreasing vol
11:43 am banka tronic : Just tend to be weaker bounces when overall markets are blah. Mid day b/o tend to be fake outs
11:43 am Flash G : yeah
11:46 am Phillip H : how a bout that SILVER trade wow did we nail that
11:46 am Phillip H : :):)
11:47 am Phillip H : i dont say much but that makes me happy
11:48 am Mathew Waterfall : Notable options flow. GLD/SLV solidly call side. $TZA seeing some call side. $miners mostly call side but more split. Utes and bonds call side. People positioning for some carnage
11:48 am Jake R : correction time mat?
11:50 am Mathew Waterfall : I have a very hard time getting super bearish here as we have been gringing. My bias has been down for the past month but I haven’t played it outside of some small Vix plays for some small wins here and there. I think we are due for a correction but not loading the boat that direction outside of my metals.miners and bond plays
11:50 am Mathew Waterfall : I think the market starts to realize the smoke and mirrors show that has been Trump thus far, and starts to figure out how long it will be before any meaningful tax cuts or anything else to spur the economy
11:51 am Mathew Waterfall : We are also pricing out rate hikes as noted earlier and just overall dealing with a tired extended market
11:52 am Mathew Waterfall : This has kept me from getting long the past month, but market strength has kept me from getting too short. I think the risk is to the downside for at least a 5% move or so
11:52 am Jake R : interesting
11:53 am Jake R : wise advice i think
11:53 am Mathew Waterfall : What I want to see is some selling to the downside, then a bunch of people jump in long only to make a lower high. That’s ideal for a short set up
11:54 am Curtis M : yup
11:55 am OILQ K : shorting next $NVDA pop
11:56 am OILK K : pools in $CBIS
11:56 am Ed D : watching $ADBE for ss
11:57 am Curtis M : whoa the bears are coming out:)
11:59 am seth m : Curt I don’t know where u found banka but good add lol 🙂
11:59 am seth m : 9 our of 10 of you guys in this room are pro
11:59 am seth m : not like most rooms i been in
12:00 pm OILQ K : curts style seth
12:01 pm OILQ K : $AAOI buyers
12:02 pm Jake R : caught the $XLU move looking for more
12:02 pm Jake R : on the swing last 2 weeks:) not intra
12:03 pm Jake R : watching YEN here
12:03 pm OILK K : $ATEC set for a bounce
12:04 pm OILK K : NQ action
12:05 pm Taylor Y : soooo $TSLA mathew
12:05 pm Taylor Y : possible good entry point?
12:05 pm banka tronic : $CEMP sideways p/a price action below VWAP looks like shorts really want it to crack
12:05 pm Mathew Waterfall : I don’t trade $tsla often but hate the company long term
12:05 pm Sandy S : shorts out to play
12:05 pm Mathew Waterfall : Thinking short?
12:06 pm Taylor Y : long
12:06 pm Taylor Y : oversold?
12:06 pm Mathew Waterfall : Nope. also MACD bearish cross and 9/15 going to cross soon
12:06 pm sandeep a : $DLTR call buyers heavy
12:07 pm Taylor Y : ok thanks I’ll revisit:)
12:07 pm sandeep a : like $RH action today
12:07 pm Mathew Waterfall : You could use yesterdays bar as a quide and put a stop if it breaks back below it, I would be more comfortable with a 2 day range
12:07 pm Taylor Y : yes better idea there
12:08 pm Mathew Waterfall : I just don’t like the post earnings action and that they might need another funding raise. Such a manipulated stock though
12:08 pm Taylor Y : i like the clan part of the thesis
12:08 pm Taylor Y : so i trade it
12:08 pm Taylor Y : die hards
12:09 pm Mathew Waterfall : You’re not wrong. Cult stock with very high insider ownership
12:09 pm sandeep a : watch $DLTH here
12:09 pm Taylor Y : ya
12:09 pm Mathew Waterfall : I say 215’s before 300’s
12:09 pm Taylor Y : ya i c that
12:10 pm sandeep a : retail action serious too
12:10 pm Mathew Waterfall : Hard to tell if that retail is shorts or what. Probably a squeeze in $RH and $JWN
12:11 pm sandeep a : $EYEG on the move
12:18 pm banka tronic : I’ll tell everyone right now that I am not pro. Have some good calls but am here to learn & add what bits I find as chart/pattern truth . Eatting humble pie diet everyday for trading health lol 😉
12:21 pm Mathew Waterfall : The learning never stops and the market will always find a way to humble you. It seems the losses stick out more than the wins but that’s not always a bad thing
12:22 pm Flash G : agree
12:27 pm Mathew Waterfall : There’s a lot of wisdom in thsi room, and I’m not talking about myself. Many have learned the expensive lessons. Best thing about a community like this is we can learn from eachother and short cut so of those painful lessons
12:27 pm Sandy S : so true
12:28 pm Ed D : for sure
12:29 pm OILQ K : looks like a decent set up there curt in $COH the 200 day
12:30 pm Curtis M : ya just taking a peak really
12:31 pm OILQ K : DJI r to gr
12:36 pm banka tronic : $KEM new hod
12:40 pm Jake R : 52 week highs in $DTLA and I closed my swing days ago jeez
12:43 pm Curtis M : $GRAM halt sec viol
12:45 pm OILQ K : $PRKR insider buys
12:48 pm Sandy S : wow lol bye bye
12:53 pm Curtis M : $CBMX r to g possible
12:55 pm Jake R : curt u hit the sell on cbmx perfect
12:56 pm Curtis M : LLong $GRAM 3.56
12:59 pm OILQ K : $ULTA decent intra
12:59 pm OILQ K : in some $GRAM with ya fyi
12:59 pm Sandy S : yup diddddo
01:00 pm Curtis M : hopefully it curls on the 9 day
01:11 pm Jake R : in some $PKRK small order]
01:19 pm Curtis M : $CMLS halt
01:23 pm sandeep a : Long $NVAX
01:31 pm Ed D : market seems to want to bounce imo
01:31 pm OILK K : looking at $MSFT swing long
01:32 pm OILK K : block on $CBIX also 100k
01:32 pm Sandy S : theres the curl curt
01:32 pm Sandy S : and the chart bot buy!
01:33 pm Jake R : Long $SRPT
01:33 pm johnny r : in $SRPT also
01:34 pm johnny r : like the $MSFT idea also as i think market will bounce
01:36 pm Mathew Waterfall : Weak internals. I though after yesterday we would get some action to the upside today. bulls and bears both look unmotivated here so far
01:38 pm OILQ K : $AAQI
01:42 pm MarketMaven M : time to BTD?
01:43 pm Mathew Waterfall : If this doesn’t get bought the close could be ugly. Ugly close today equals coninuation over the weekend
01:46 pm Ed D : Thinking $FIT long if market gets moving if and when
01:47 pm sandeep a : $VUZI HOD
01:48 pm Mathew Waterfall : This $GDX move is garbage. MM’s holding it down seems to me. Explosion on tap next week
01:49 pm sandeep a : $INCY nHOD
01:51 pm seth m : $PCLN time
01:53 pm Curtis M : touhg play this $GRAM should pop or drop within 30 mins at most
01:54 pm Taylor Y : $AUPH jiggy
02:07 pm Curtis M : shoot i missed the $OWCP bounce ugh
02:09 pm Curtis M : $GRAM too a .26 loss puts me even on day don’t like that
02:24 pm Curtis M : long $CEMP 4.47
02:24 pm Curtis M : real tight
02:26 pm Curtis M : stop 4.35 ish
02:39 pm Jake R : $VIX crush time
03:01 pm Sandy S : curt u got me busting a gut on twitter
03:01 pm Curtis M : lol sorry
03:01 pm Curtis M : but ya
03:02 pm sandeep a : world has gone mad
03:03 pm Curtis M : argh lol
03:10 pm Curtis M : out 4.35 loss
03:10 pm Jake R : OMG your rant
03:10 pm Jake R : umm ya thats the way it was
03:10 pm Jake R : in my day
03:16 pm sandeep a : hate to say it publicly but i agree with you curtis
03:16 pm sandeep a : things upside down lately
03:17 pm sandeep a : people afraid to say it
03:21 pm Sandy S : now I’m completely cracking up
03:21 pm Sandy S : crying laughing so hard
03:21 pm Mathew Waterfall : Dollar getting some action here but bonds remain strong. Market this week has been very uninspiring for me. Might have to go back to scalp plays until we get some direction
03:26 pm sandeep a : someone had to say it lol kudos
03:28 pm sandeep a : ok now im rying
03:28 pm sandeep a : crying
03:28 pm Curtis M : lol
03:32 pm Mathew Waterfall : This market seems unbreakable. Why I commented yesterday and today not to get too bearish too quickly. I still hate it here but can’t short it yet. Likely another boring week next week
03:33 pm sandeep a : i love how curt talks like hes old hahaha
03:33 pm sandeep a : Mathew you got wisdom many times your age with market.
03:34 pm Mathew Waterfall : Thanks. Seen these moves many times before but not enough to bypass the frustration apparently lol
03:34 pm Jake R : ha
03:35 pm Curtis M : missed $OWCP because of my rant lololololol
03:35 pm Curtis M : ugh
03:35 pm Mathew Waterfall : I’m shutting it down for the day. Going to take this weekend to get some mojo back. Shoot me a note on twitter if you have any questions. Have a good weekend all
03:36 pm Curtis M : kk
03:36 pm Sandy S : thanks Mathew
03:36 pm sandeep a : yes thank you mat!
03:36 pm OILK K : bye mathew
03:36 pm Mathew Waterfall : Always happy to help
03:36 pm Jake R : that mats a good guy
03:37 pm Jake R : curtis makes me cry
03:37 pm sandeep a : omg
03:37 pm sandeep a : curt ruffled some feathers
03:38 pm Sandy S : Curtis your 49?
03:38 pm Curtis M : yes
03:38 pm Sandy S : That is funny you’re a spring chicken
03:40 pm Leanne Arnott : If 49 is a spring chicken you just made my day!
03:40 pm Sandy S : Not going to tell you guys how old I am my lord
03:42 pm Jake R : 49 is young
03:43 pm Jake R : curt talks like hes 80 sometimes:)
03:54 pm sandeep a : great close for $OWCP
03:54 pm Curtis M : yup
03:57 pm Ed D : well guys and gals i am out of here – best to u all!
03:57 pm Curtis M : cya ed
04:00 pm Curtis M : t may gap Monday morning
04:00 pm sandeep a : likely will
04:00 pm sandeep a : i see why you like it
04:00 pm Curtis M : night everyone
04:00 pm Jake R : bye

Be safe out there!

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb 23, 2017; $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX – $DUST, $ASM, $SSH, $VRX, $JUNO, $TRCH, $LGCY etc 

Intro:

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

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

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:

We are working on a series of videos that include trades from week of Feb 20 – 24 and various educational topics that we expected to complete weekend of 25 – 27th but it seems it will take a few more days.

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

After two excellent days on Tuesday and Wednesday, Thursday wasn’t as good. I was traveling and wifi service was difficult also.

As mentioned Wednesday, I got out of $JUNO swing with nice gains and $CBMX swing for near 100% gains.

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

NA as this is being posted days late.

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

Per recent; $DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Per recent; Gold and Miner’s are both at what we consider key resistance. 

Silver $SLV:

Per recent; Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Per recent; Crude oil continues to threaten a key support and resistance area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Per recent; Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Watch 2.44 – 2.57

Momentum Trades:

Per recent; As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

Per recent; As noted above, our Swing Trading service has sent one out of the park after another. Continues to look good forward.

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

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

09:10 am Curtis M : Morning! Protected: PreMarket Trading Plan Thurs Feb 23 Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, https://compoundtrading.com/premarket-trading-plan-thurs-feb-23-small-cap-oil-ne-ptx-nak-cim-cbmx-owcp-thct-cnbx-bstg/ PASSWORD: PREMARKET022317 I will be here for premarket then travel rest of day back Friday all day.

10:39 am Curtis M : I\’m packing for my journey but I\’ll be n room when wifi avail en route see ya tomorrow for full day! GL!

Transcript:

07:52 am John M : mrnin curt
07:52 am Curtis Melonopoly : mornin! just doing morning prep catcha soon
08:42 am Sandra Q : mornin
08:43 am Jack D : 🙂
08:45 am Sandra Q : oil happy
09:01 am Sandra Q : looks like premarket newsletter out I’ll get it L)
09:01 am ibrahim ibrahim : morning
09:01 am Sandra Q : hey ibrahim
09:02 am ibrahim ibrahim : hello Sandra
09:02 am Sandra Q : Protected: PreMarket Trading Plan Thurs Feb 23 Small cap oil, $NE, $PTX, $NAK, $CIM, $CBMX, $OWCP, $THCT, $CNBX, https://compoundtrading.com/premarket-trading-plan-thurs-feb-23-small-cap-oil-ne-ptx-nak-cim-cbmx-owcp-thct-cnbx-bstg/ PASSWORD: PREMARKET022317
09:03 am Sandra Q : Kinda though Curt would be directing sights on small cap oil soon
09:05 am Cara R : morning ibrahim
09:05 am ibrahim ibrahim : morning Cara
09:06 am daniel c : whoot whoot baking on oil crew!!!
09:06 am daniel c : banking lol
09:06 am ibrahim ibrahim : lol
09:06 am Sandra Q : mornin daniel
09:07 am daniel c : I love that little algo some days
09:07 am Sandy S : hey peeps
09:07 am daniel c : big day sandy
09:08 am Sandra Q : d excited about oil
09:08 am Sandra Q : i am too but you know
09:08 am daniel c : it’s going thru the ceiling today S & S haha
09:09 am ibrahim ibrahim : i guess its not liking what the iranian oil minister said lol
09:10 am daniel c : lol
09:10 am Sandra Q : yeh
09:12 am OILK K : mornin kids looks like we’re all a little richer today
09:12 am Sandra Q : lol
09:19 am Curtis M : I wont be on mic for open – contractors stil lin my office for today finishing – but if I trade I will post here
09:22 am Sandy S : morning mat!
09:25 am Sandy S : time to short oil?
09:25 am OILQ K : lol
09:26 am Mathew Waterfall : Morning guys. Will be exiting some $TGB here entered down at 1.34 and want to lighten up a bit. Other than that watching silver and gold to see what they do here
09:26 am slade d : mornin mathew
09:28 am Sandra Q : lets do this – keep it rolling
09:29 am Sandra Q : Curt’s not on mic FYI – contractors finishing in his office today
09:30 am Sandy S : long $PTX
09:30 am OILK K : in with ya
09:30 am OILK K : oh shit
09:30 am OILQ K : let it settle
09:30 am OILQ K : there ya go long too
09:31 am Mathew Waterfall : Out $TGB 1.53. flat on that name at this point
09:33 am Mathew Waterfall : Would like to see natty base right here at 2.656ish. prior support/res
09:35 am Sandy S : Long $UGAZ
09:37 am OILQ K : $AMCN long
09:38 am Sandra Q : Closing $CBMX swing
09:39 am Mathew Waterfall : $SWN add. Using this as a proxy for natty as wel. In some $CHK calls but looking at common there as well
09:40 am Curtis M : $RNVA nice wash on 5
09:43 am Sandy S : $NAK looks good today
09:44 am slade d : $SINA long for a swinger
09:48 am Curtis M : Long $RNVA
09:49 am Curtis M : $OWCP long
09:51 am Mathew Waterfall : Watching $CHK for regain of the 9 day and reentry into the channel. Looks like those are my two entry points
09:51 am Jake R : Looking at $NAK
09:55 am Sandy S : holllyy shit curt good play
09:55 am Curtis M : out $OWCP
09:55 am Curtis M : 1.86 – 2.115
09:56 am Sandy S : nice work but i think you left early
09:56 am Curtis M : never overstay my welcome
09:56 am Sandy S : fine lol
09:57 am Mathew Waterfall : $SLB seeing some call love here. Natty gas exporter
09:57 am OILQ K : watching that Mat
09:58 am OILQ K : going to be really interesting soon – with oil too
09:58 am Curtis M : hey Sandy how was my exit lololol
09:58 am Mathew Waterfall : Lots of decision needs to be made across the board
09:58 am Sandra Q : Curt got da skillz
09:59 am Sandra Q : and sir Mat and ya u know it me
10:01 am Curtis M : in again
10:03 am marc milam : hello guys, girls
10:03 am Curtis M : out up a few cents
10:04 am Curtis M : up 10% this morning n small account
10:04 am Sandy S : not funny
10:04 am Sandy S : lol
10:05 am Sandy S : I should just follow u guys
10:05 am Curtis M : nope trade your plan… learn 🙂
10:06 am Sandy S : lol i am I win now lol
10:07 am Curtis M : wow nice play on $PTX it should go now guys
10:09 am Curtis M : stoch rsi coming off here
10:09 am Curtis M : but tsi trending up
10:10 am Curtis M : 50 50 here
10:10 am Curtis M : $NAVB halt
10:16 am Curtis M : Gold at 50% retrace of decline from last summer and near the quadrant edge (blue line) – above blue line it could be gone for a long time
10:17 am ibrahim ibrahim : i was looking to sell at 1255
10:19 am Curtis M : 1252 if it holds that could be gone for a long time….
10:19 am Curtis M : just what our math says is all
10:19 am Curtis M : could be wrong
10:19 am ibrahim ibrahim : 🙂
10:20 am slade d : lololol uh no its not wrong
10:21 am Curtis M : we’ve ben wrong I think maybe… I have but I can’t recall algos being wrong actually… u could be right slade lol
10:21 am Curtis M : i’m wrong regularly but the math hmmm
10:21 am ibrahim ibrahim : im looking at the hourly on 11 nov 2016
10:22 am ibrahim ibrahim : last low pre free fall
10:22 am Curtis M : really interesting spot
10:22 am ibrahim ibrahim : a rounded retest
10:22 am ibrahim ibrahim : i could be wrong too :0
10:22 am ibrahim ibrahim : :))
10:23 am Curtis M : algo math says 1251.11 is the test and the algo quadrant wall is at 1252.20 and above that she’s gone as far as algos are concerned
10:24 am Curtis M : i guess we’ll see
10:24 am Curtis M : congrats longs!!!
10:24 am Sandy S : whay thanks curt
10:25 am OILQ K : ya ha i think everyone pretty much except curt took that algo recommendation at the turn 🙂
10:25 am Curtis M : omg you had to
10:25 am OILQ K : haha sorry
10:26 am ibrahim ibrahim : thank you, its my first time in the room, will keep the algo level in mind : )
10:26 am Sandra Q : the algos are spooky accurate ibrahim
10:27 am Sandra Q : spooky lol
10:27 am ibrahim ibrahim : lool
10:27 am ibrahim ibrahim : niice
10:27 am Curtis M : wow congrats guys seriously what a great play for ya all
10:27 am Carol B : we’re all richer today
10:28 am Mathew Waterfall : no high fiving yet. Made a new high but still needs continuation
10:28 am Sandra Q : lol Mat!!! you’re the best
10:29 am Curtis M : welcome ibrahim sorry it took so long 🙂
10:30 am Sandy S : i was wondering lol
10:30 am Mathew Waterfall : natty!
10:30 am Mathew Waterfall : nice report there
10:35 am Curtis M : cant find PR on $NAVB
10:36 am Curtis M : we don’t have algorithmic charting for natgas
10:36 am Curtis M : for navgas we rely heavily on Mathew
10:37 am Mathew Waterfall : And to trade it I rely heavily on red wine so take that for what you will lol
10:37 am Mathew Waterfall : I never trade it large in size, and always trade against prior levels. Natty can trade like an angry bipolar ex so be careful
10:37 am Sandra Q : ha
10:39 am Curtis M : I’m packing for my journey but I’ll be n room when wifi avail en route see ya tomorrow for full day! GL!
10:40 am Curtis M : Mat you can take over charts anytme if you like or not.
10:41 am Mathew Waterfall : OK. I’ll be here until 12 then have to take a break for an appointment so I’ll take over it anything fun come sup
10:41 am Curtis M : ok room will run
10:41 am Curtis M : ttyl
10:44 am Mathew Waterfall : dollar testing into the 100 handle. Godl bugs want to see that breakdown continue
10:47 am Sandra Q : .
10:50 am Mathew Waterfall : Big money is quiet on the optiosn side today. BAC and $FDX/$UPS saw a ton of buying yesterday, no follow through tere into today that I’ve seen though
10:50 am OILQ K : 10 – 4
10:51 am Greg L : not looking healthy intra
10:51 am Mathew Waterfall : Feels like it wants to finally roll over here IMO. Some internals finally not being propped up
10:52 am Jack D : might be a study day yet
10:55 am Mathew Waterfall : $IAG amr 5.5’s at .09 on this morning weakness. This see’s 5’s shortly if gold holds up
10:55 am Mathew Waterfall : *mar monthlies
10:55 am Jack D : nce
10:55 am Carol B : yes
10:56 am Mathew Waterfall : On the bid for more but don’t know if I’ll get them
10:56 am MarketMaven M : back in bit
11:00 am Mathew Waterfall : on the mic
11:07 am Mathew Waterfall : Did pick up some additional $IAG common to go along iwth yesterdays buy and calls bought today
11:08 am Mathew Waterfall : Crude: +564K, Last +9.527MMDistillate: -4.92MM Gasoline: -2.63MMCushing: -1.53MM
11:10 am Mathew Waterfall : $VXX sweeps. People starting to look towards the downside here
11:27 am curtenroute m : doesnt look like i missed much
11:28 am slade d : nope
11:33 am Mathew Waterfall : Taking over the screens if it lets me. Those alerts were right in the middle of the screen
11:34 am curtenroute m : perfect
11:34 am Mathew Waterfall : Silver left, usd/jpy right with gold over lay being the bright gold line if that isn’t clear
11:35 am OILK K : clear
11:35 am OILK K : clear
11:48 am Mathew Waterfall : Loojing for some of these miners to play catch up here. light day in $GDX thus far, many not trusting this move it seems. If gold gets up and over and ramps there will be a massivce chase underway
11:52 am curtenroute m : $ONCS
11:57 am Mathew Waterfall : Gotta take a break. Be back a bit later will leave the screens up
11:57 am curtenroute m : KK
11:57 am curtenroute m : $ONCS didnt get much om news
11:57 am curtenroute m : picked wrong day
11:59 am curtenroute m : $ONCD VWAP
11:59 am slade d : tough day
12:04 pm curtenroute m : $ONCS LOL
12:04 pm curtenroute m : VWACKED
12:09 pm curtenroute m : bears gotta make it happen today imo
12:10 pm curtenroute m : if they dont bulls will likely take lead tomorrow
12:28 pm Mathew Waterfall : Resetting things, back in a few
12:34 pm Sandy S : $EEM blocks
12:39 pm Optionsavvy none : gm
12:47 pm OILK K : hey optionsavvy
12:47 pm OILK K : Curts on the road so charts arent running
12:47 pm OILK K : quiet day
12:48 pm Jake R : Looking at $OWCP here
12:51 pm Optionsavvy none : not a bad look. if buyers can drag it north for a HOD break it could run nicely
12:52 pm OILK K : Long $VLTC a starter
12:53 pm Optionsavvy none : RWLK vol
12:54 pm Optionsavvy none : RWLK seller defending 2.5 if breaks could see 3+
12:56 pm Jake R : $OWCP may clear 2
12:56 pm Mathew Waterfall : Dollar getting a little action here but quiet across the board. This could easily get messy but I think the bears are deflated so it just grinds
12:58 pm Optionsavvy none : RWLK long
01:00 pm slade d : $OTIV HOD
01:00 pm slade d : looking at $RWLK options
01:00 pm Optionsavvy none : I’m not in love with it but vol staying in when they hit the ask so going to ride it out a few
01:01 pm Optionsavvy none : bid sorry
01:02 pm Optionsavvy none : might be taking my +.05 and going elsewhere if they dont follow through shortly
01:05 pm OILQ K : twtr blocks
01:05 pm Mathew Waterfall : Under VWAP and MACD cross on $RWLK
01:07 pm Optionsavvy none : vol died on me
01:08 pm Optionsavvy none : 2.24 will stop me out
01:09 pm Sandy S : $TZA for a start
01:11 pm Optionsavvy none : still in
01:11 pm OILQ K : Adding to $DIS swing last add
01:13 pm Optionsavvy none : took myself out at -.10
01:15 pm Optionsavvy none : this AYA has been showing up on my scans. decent flag
01:15 pm Mathew Waterfall : Natty gives up all of the post report gains and then some. Still can’t find its footing
01:15 pm curtenroute m : watching $OWCP wash out while on road here
01:18 pm slade d : $TSLA VWAP
01:21 pm OILQ K : $CETX on move
01:28 pm curtenroute m : Long $OWCP
01:37 pm curtenroute m : man I hit it hard too and nothing … holding for mow
01:38 pm curtenroute m : was looking for a break on HOD with time of day on my side maybe
01:42 pm slade d : .
01:47 pm curtenroute m : $CLBS halt
01:48 pm Mathew Waterfall : More $SLB and $BAC calls being bought. $BAC has seen orders flowing all week, someones looking for a rate hike
01:50 pm Optionsavvy none : BAC working on a breakout of 11/08 levels
01:51 pm Optionsavvy none : been looking at BAC leaps
01:51 pm Jake R : $TEUM HOD
01:53 pm Mathew Waterfall : I don’t see how $BAC keeps running without another rate hike, and there’s no reason to think we get one in March
01:57 pm Optionsavvy none : because it was being smothered by regs . now that we have $GS in the whitehouse its going to be a free for all
01:58 pm Optionsavvy none : bring back the Credit swaps and stated loans weve learned nothing
02:00 pm curtenroute m : had to cut down 5 cents
02:00 pm Mathew Waterfall : Just like we’re now learning the tax plans aren’t coming anytime soon, I think banks start to feel the lack of action as well. That’s just me I’m not bearish on them just don’t want to be launching huge calls into them
02:01 pm Optionsavvy none : agree thats the unknown
02:02 pm Optionsavvy none : BAC 11/08 high was 24.62. broke that this morning and pulled back. wait and see mode
02:04 pm Mathew Waterfall : It broke that yesterday and sold off on FOMC minutes as well so there’s at least some optimism tied to the rake hike possibility
02:04 pm Optionsavvy none : BAC one of my fav option plays. cheap to play
02:05 pm Optionsavvy none : FH showed up scan pre. currently running about 2x vol. could bounce nicely
02:09 pm Jake R : Just noticed that $NE Noble call from your Twitter feed that was on newsletter this morning – I missed that one nice call!
02:10 pm Optionsavvy none : heading out. just stopped by to check out the room. best of luck all
02:10 pm Mathew Waterfall : $FH likes to play that range it seems. I’ve traded it a bit in the recent past and it has rouble getting going
02:10 pm curtenroute m : $OWCP runs lol
02:10 pm Mathew Waterfall : Thanks you as well!
02:25 pm curtenroute m : $NE still running
02:26 pm Jake R : $CNXS sub up 100%+ wow
02:27 pm Mathew Waterfall : $NE 38.2 and large volume dist at 8.34 FYOI
02:27 pm Mathew Waterfall : *FI
02:27 pm Mathew Waterfall : jesus fyi I mean
02:32 pm OILK K : $CLBS nHOD
02:34 pm Mathew Waterfall : MEssy flow across the board again today in the indexes. SPY calls and puts being bought, a large $QQQ put order earlier, some $TZA calls. $VXX calls also being bought. So leaning a bit to the downside per my viewing but will have to double check the OI and totals alter
02:52 pm Sandy S : $GEVO pops
03:01 pm curtenroute m : what a mess out there
03:12 pm curtenroute m : $MGTI HOD
03:48 pm curtenroute m : Howd your day make out Mathew? Sorry I was distracted on the road here.
03:49 pm Jake R : pretty quiet curt
03:49 pm curtenroute m : tomorrow another day!
03:52 pm Mathew Waterfall : Another quiet day. Albeit green so I’m not complaining lol. Looks like most of the miners are lagging pretty hard here so I’m waiting for some catch up to start there and to see if we keep some rotation into energy names. Will want to enter $CHK before too long I think and don’t mind the level that natty is trading as long as it holds and gets back into the 2.70’s
03:53 pm curtenroute m : thanks for the update!
03:54 pm Mathew Waterfall : Yea not much going on after the initial action. Signs point to vol coming back though so let’s cross our fingers
03:54 pm curtenroute m : yup\
03:55 pm slade d : catcha tomorrow
03:57 pm Mathew Waterfall : Have a good night all, see ya in the morning!
03:57 pm curtenroute m : cya
03:57 pm Sandy S : bye guys

Be safe out there!

 

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Wednesday Feb 22, 2017; $CBMX, $ONCS, $MBOT $THCT $OWCP, $FNMA, $CNBX – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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:

I know I still have to get Tuesday’s trading results out – I’m out of time this morning so likely not until this weekend.

I will be in room Thursday for open but traveling rest of day. I will also be in room as reception allows while en route intra-day.

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

I had a blast Wednesday as did our members. In fact Tuesday and Wednesday were two of the bigger days this year for our members. Being on top of the market currents helps – our crew has been right on top of it. Nice trading group for sure!

I got out of $JUNO swing with nice gains yesterday and $CBMX swing Wednesday after market for near 100% gains.

Trade during the day was a series of snipes – I was trading with my small account and increased the account size by 26% in one day! Going to do  a recap video on weekend on how I did it.

$CBMX, $ONCS, $MBOT $THCT $OWCP, $FNMA, $CNBX were the active plays in our group.

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

Ticker Last Change Volume Signal
BASI 1.33 31.68% 400200 Top Gainers
LNTH 12.15 29.95% 1794400 Top Gainers
EVK 2.61 29.73% 13502 Top Gainers
INAP 2.31 27.62% 10243100 Top Gainers
AETI 2.40 23.08% 108800 Top Gainers
KBSF 6.90 22.99% 885253 Top Gainers
GRVY 35.58 20.94% 95606 New High
BCLI 4.51 14.47% 1179849 New High
LNTH 12.15 29.95% 1794400 New High
EMES 23.49 14.75% 1265300 New High
PLSE 14.49 4.77% 176800 Overbought
SHOP 63.59 0.81% 1198448 Overbought
QPAC 10.09 0.40% 1372733 Unusual Volume
SLIM 23.14 -2.45% 14800 Unusual Volume
ARGS 1.48 -66.48% 7259400 Unusual Volume
SNGX 2.38 8.18% 1323000 Unusual Volume
CYOU 28.03 -0.39% 327600 Upgrades
ACCO 14.15 9.69% 1707600 Earnings Before
PPBI 40.95 0.86% 165274 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX,  $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

$DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Gold and Miner’s are both at what we consider key resistance, below is a quick periscope video that walks you through what our algorithm @RosietheAlgo is up to.

Silver $SLV:

Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Crude oil continues to threaten a key support area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

Volatility $VIX:

Volatility continues its flat line.

$SPY S&P 500:

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Natural gas did loose the 200 day and the next most probable Fibonacci line is at 2.74 ish, however, in overnight trade it did gets some upside momentum – so the jury is out on $NATGASUSD.

Momentum Trades:

As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

As noted above, we have literally sent one out of the park after another. Continues to look good forward.

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

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

08:56 am   Curtis M : Morning! Protected: PreMarket Trading Plan Wed Feb 22 $ONCS, $OWCP, $GRMN, $DCTH, $UGAZ, $FNMA, $BSTG LINK: https://compoundtrading.com/premarket-trading-plan-wed-feb-22-oncs-owcp-grmn-dcth-ugaz-fnma-bstg/ PASSWORD: PREMARKET022217P I wll be away from room after 2PM ET today FYI.

Transcript:

08:53 am MarketMaven M : Protected: PreMarket Trading Plan Wed Feb 22 $ONCS, $OWCP, $GRMN, $DCTH, $UGAZ, $FNMA, $BSTGLINK: https://compoundtrading.com/premarket-trading-plan-wed-feb-22-oncs-owcp-grmn-dcth-ugaz-fnma-bstg/PASSWORD: PREMARKET022217P
09:06 am Mathew Waterfall : In a bit more $UGAZ here premarket. Not full size just adding a bit
09:06 am MarketMaven M : yup good call
09:16 am darnel t : $AMD $CIG my watches
09:19 am Mathew Waterfall : BTW forgot to type this in original note. Natty tagged the august swing low at 2.522 ON and bounced. Level I mentioned on the mic yesterday
09:19 am Lenny E : been watching that $THCT too
09:20 am Curtis M : I wot be on mic this morning – contractors have another day in here with saws etc. Will pot entries in chat.
09:28 am Sandra Q : $DCTH might have follow thru at open
09:30 am Lenny E : $DCTH + 22%
09:30 am MarketMaven M : Long $MBOT
09:32 am Deb E : With ya n $MBOT
09:33 am Curtis M : $INAP halt
09:34 am frank r : Taking your $THCT $OWCP for a long spin curt look good
09:37 am frank r : not sure about $UGAZ yet
09:40 am Mathew Waterfall : Im some $PPP here on this pull. Small name so risky but like it if it can hold .7 for a run back north
09:41 am Lenny E : $THCT and $OWCP in with ya Frank
09:41 am Mathew Waterfall : $NM brutal action new high over res into flush
09:43 am Curtis M : $MBOT $THCT $OWCP wow all great entres guys and gals! Congrats nice gains .
09:43 am Lenny E : You kinda made that easy lol not that I couldn’t do it on my own… but u get the point
09:44 am MarketMaven M : ya day 2 of set and wham thanks guys good plays
09:45 am Curtis M : y agood plays for sure
09:47 am frank r : in $GALT small
09:50 am Shafique M : $SRRA engines activated flow
09:54 am Curtis M : $AXR halt
09:54 am Mathew Waterfall : Bonds and dollar both up in the face of the FOMC minutes. We;ll see what happens at 2 but that indicates a lot of short covering for me
09:57 am Sandra Q : $SRRA wow supper strong
10:04 am Curtis M : Oout of $BSTG for now for small gain will look to reenter over lunch hour maybe
10:10 am Curtis M : $FNMA L 2.59
10:17 am darnel t : $OWCP beast yeehaw
10:24 am MarketMaven M : lol good call on $FNMA up 10% since your entry haha
10:28 am Curtis M : Out $FNMA 2.87
10:30 am MarketMaven M : sweet scalpers
10:37 am Curtis M : $FNMA might go again
10:38 am Curtis M : think ill wait to lunch and look
10:59 am Mathew Waterfall : On the mic
11:01 am Curtis M : Long $CNBX
11:03 am Curtis M : 4.80 entry lookin for 5.30
11:04 am darnel t : nice one in with ya
11:05 am Curtis M : out 5.34
11:07 am MarketMaven M : sweet I banked on that one too didn’t have time to alert lol
11:09 am Curtis M : $CETXP
11:09 am Curtis M : Halt
11:11 am Lenny E : $ALIM 12%
11:13 am frank r : Curt, tthe stoch RSI PB may be a good hammer down on $CNBX fyi
11:13 am frank r : OA turning up any second, but time of day off
11:14 am frank r : Man,,,, hitting every move this room last few days especially
11:14 am darnel t : been tight frank
11:15 am Lenny E : focus more in bound soon\
11:15 am Sandra Q : amen
11:15 am Deb E : $CNBX high prob
11:16 am Curtis M : stoch rsi settng up loading
11:17 am Curtis M : OA turned neg… likely TOD
11:19 am Curtis M : Watch for bounces all the way down 3.50 ish should be the big one this afternoon
11:20 am Curtis M : L CNBX 4.40
11:21 am Curtis M : tight
11:24 am Curtis M : had to cuut 4.59
11:24 am Curtis M : not ready imo
11:24 am darnel t : funny i stick
11:24 am darnel t : stuck
11:24 am MarketMaven M : ya Im with ya darn
11:24 am MarketMaven M : stoch rsi has room
11:25 am Shafique M : i cut 4.69
11:25 am Shafique M : choppy time of day
11:25 am Shafique M : bug wins were this morning…. revisit at lunch aft
11:26 am MarketMaven M : look at that u guys cut right I’m out
11:26 am darnel t : me too
11:26 am darnel t : oh well big morning small gain there still winning gonna likely get some lunch and reset
11:28 am MarketMaven M : these pot manias have been unreal…. will prep a list for this aft session
11:30 am Curtis M : Chart bot nailed the buy location on that $THCT dip but I missed it
11:30 am Curtis M : and an earlier buy it nailed too
11:32 am darnel t : we sniped that tight lol
11:32 am MarketMaven M : advanced indicators baby
11:32 am MarketMaven M : $CNBX darn?
11:32 am darnel t : ya
11:33 am darnel t : we got in and out b4 enemy knew we were there lolol
11:33 am MarketMaven M : yeah it was tight
11:34 am Cara R : i learn sh@t from you guys everyday
11:34 am MarketMaven M : ha learn from you too back at ya
11:35 am MarketMaven M : whats our primary bounce target on $CNBX again?
11:36 am frank r : Curt was thinkg 350 ish
11:36 am frank r : I’m waiting – time of day against us for an hour or more here
11:37 am MarketMaven M : concur
11:38 am Cara R : $IGC scanner
11:38 am Cara R : looks like curt has it
11:39 am Curtis M : yup
11:40 am Curtis M : its a meh imo
11:48 am Curtis M : $CNBX almost looks lk double bottom
11:49 am Mathew Waterfall : In some $IAG here against the 50 day
11:50 am Sandra Q : $FNMA 3.00 Curt – good call and nicer for anyone holding
11:53 am Curtis M : Gonna get a lunch back in 30 mins to hit it – market still suitable for these hopefully it continues
11:53 am MarketMaven M : same see ya soon
11:57 am Curtis M : $CNBX watch
12:03 pm Curtis M : Long $CNBX
12:03 pm Curtis M : 3.48 tight
12:04 pm darnel t : nice indicators on
12:04 pm Lenny E : she may work
12:06 pm MarketMaven M : lol couldnt finish my soup
12:06 pm MarketMaven M : tcoh rsi is almost topped guys
12:06 pm MarketMaven M : stoch sorry
12:07 pm Curtis M : closed $CNBX
12:08 pm Curtis M : i cut 3.80
12:08 pm MarketMaven M : holding
12:08 pm Shafique M : me too
12:08 pm Shafique M : uh nope I’m out
12:08 pm Lenny E : holding its going here guys
12:09 pm Curtis M : Ill wait for Stoch RSI to cool and see
12:09 pm Curtis M : big volume coming
12:09 pm Curtis M : TSI turning up
12:10 pm Curtis M : ugh its gonna go lol fark
12:11 pm darnel t : yup bye bye
12:11 pm Curtis M : ugh lol oh well congrats to the holders haha
12:14 pm Vic F : $WIX poppin
12:16 pm Curtis M : should cool down now for at least 30 mins so i’ll grab a quick lunch now lol
12:28 pm Deb E : $NAK positive mention Agora
12:32 pm Curtis M : back
12:34 pm Curtis M : $CETXP halt
12:34 pm darnel t : Long $OWCP
12:38 pm MarketMaven M : turn could be here
12:45 pm MarketMaven M : time of day better
12:50 pm Sandra Q : Long $CETX xnap back play also
12:52 pm Kevin T : $USRM pop
12:54 pm MarketMaven M : $OWCP should be good to go at bottom of the stoch rsi this round…
12:55 pm MarketMaven M : not that it wasn’t last time but I’m not that good of a knife catcher
12:56 pm Curtis M : long $OWCP
12:57 pm MarketMaven M : hmmm
12:57 pm darnel t : I”m in
12:58 pm darnel t : even though your little stoch RSI there is maxed lmfao
12:58 pm MarketMaven M : I’m in the bot says buyy
12:58 pm MarketMaven M : lmfao more
12:59 pm Shafique M : holy didnt want to but lets do it
01:07 pm John M : Curt you entered b4 your stoch rsi was at bottom… how did you know it wouldn’t hit bottom?
01:08 pm Curtis M : guessed
01:08 pm Deb E : ya
01:08 pm Deb E : oh
01:08 pm Curtis M : TSI was trending
01:09 pm Curtis M : time of day
01:09 pm darnel t : giddy up
01:10 pm Curtis M : way to go longs $CNBX I left it thinking it would stall
01:13 pm MarketMaven M : vol now
01:14 pm MarketMaven M : should hit 100 MA there on the 1 min
01:20 pm Sandra Q : come on pop!
01:23 pm Curtis M : Out 1.67 – 1.87
01:24 pm MarketMaven M : lol holding again
01:24 pm darnel t : me too haha
01:24 pm Curtis M : up 35% or so on this small account I’m working today
01:25 pm Curtis M : hopefully get a recap vid done on it
01:25 pm Shafique M : all in on each time curt?
01:26 pm Curtis M : ya small account all in or more on each snipe
01:26 pm Curtis M : 100 ma on 1 didnt stop t lol
01:36 pm Mathew Waterfall : Another flush on natty. I have to remind myself that I called this a crazy trade last week lol
01:37 pm Curtis M : res 2.04 $OWCP or I’d take trade
01:51 pm Curtis M : Long $OWCP
01:52 pm Curtis M : just playing time of day so its tight well see
01:54 pm Mathew Waterfall : FOMC on deck as a quick reminder
01:57 pm Curtis M : out 7 cent loss
02:00 pm MarketMaven M : back in a bit FOMC break
02:01 pm darnel t : i guess i’ll break too
02:03 pm Curtis M : Going to meetings now good luck catch ya in morning!
02:07 pm MarketMaven M : see you curt
02:19 pm Mathew Waterfall : $BAC calls being bought all day. Thought they might slow down after that fed release, still getting hit which is odd to me
02:27 pm Curtis M : back lol plans changed here now for afternoon
02:45 pm frank r : $CETX might pop
02:46 pm MarketMaven M : $CETX might b decent here
02:46 pm MarketMaven M : good eye
02:57 pm Curtis M : $MBOT looks ok….
02:57 pm Shafique M : $PTX pop
03:07 pm Curtis M : $THCT?
03:13 pm frank r : $CPB blocks Campbells Soup!
03:15 pm Curtis M : $BSTG was hoping for 33 entry
03:17 pm Sandra Q : kind of a weak afternoon
03:17 pm Sandra Q : understated
03:24 pm MarketMaven M : That looks like it for plays for today – this morning was excellent and yesterday so I’m happy
03:32 pm MarketMaven M : lol
03:32 pm MarketMaven M : cheeky curt on twitter
03:33 pm darnel t : ya watch out I’ve known him long enough to know that means some moves coming
03:33 pm darnel t : it will be gold silver dollar and stuff watch
03:34 pm darnel t : right o sir curt?
03:37 pm Sandra Q : shit i wanted an afternoon hit wha
03:41 pm Curtis M : Well that was a time waster this afternoon… too bad
03:42 pm Mathew Waterfall : Yepp/ I think I made 2 trades today buying a bit more $UGAZ and soe $IAG earlier. snoozer week for me so far
03:42 pm Mathew Waterfall : O and some $PPP which is right where I bought it of course 😕
03:43 pm Curtis M : u might get a serous pop oon $UGZ over next 24 hours I’m staying out but I wonder
03:43 pm Curtis M : t might pop big
03:43 pm Mathew Waterfall : For me downside is limited with the upside being pretty open
03:43 pm Curtis M : yup
03:43 pm Mathew Waterfall : We’ll see, I trade risk/reward longer term set ups and it fis so I’m taking it
03:44 pm Deb E : well i learned a numch this morning fyi
03:44 pm Deb E : a bunch
03:44 pm Curtis M : good to know
03:44 pm Mathew Waterfall : That’s awesome! That’s what we’re here to do. Learn
03:45 pm Curtis M : I should have said hello to new folk in the room…. I know Leanne is new for sure so HELLO LEANNE!
03:46 pm Curtis M : She may be baking.
03:46 pm Leanne Arnott : Ha! Thanks Curtis, baking done for the day.
03:46 pm Curtis M : nice
03:46 pm Leanne Arnott : I am eating some homemade power snacks
03:46 pm Curtis M : stupid staff heh
03:46 pm Leanne Arnott : pulling my hair out.
03:46 pm Curtis M : yeah
03:47 pm Leanne Arnott : you know why I’m here!
03:47 pm Mathew Waterfall : If you need anyone to send baked goods to, keep me in mind
03:47 pm Deb E : lol
03:47 pm Deb E : $SRPT jiggy in to close
03:47 pm Leanne Arnott : I did learn a lot watching you guys and gals in here today while I was here
03:47 pm Deb E : yup jiggy
03:47 pm Leanne Arnott : will pay attention all day tmr
03:48 pm Deb E : ya theses guys gals are pro leanne
03:48 pm Curtis M : awesome
03:48 pm Leanne Arnott : I have zero to contribute but tons to learn so appreciate everyone
03:48 pm Lenny E : Curt and Mat always on opposite sides of trade and both win – now that TAKES SKILLZ
03:49 pm Mathew Waterfall : I was hoping this natty trade would be one where we both go long lol but yea we end up on opposite sides here and there. Different edges create different strategies and trades
03:49 pm Lenny E : $MBOT will offer tonight likely
03:50 pm Lenny E : its really you guys are showing different time frames is a better way to put it in all seriousness
03:50 pm Lenny E : pro skills tho
03:51 pm Lenny E : I didn’t put it right way saying opposite
03:51 pm Lenny E : Best example Curts gold algo calls botto perfect weeks in advance Curt doesn’t take trade and listen to algo and Mat takes the trade and wham
03:51 pm Curtis M : omog u had to remind me
03:52 pm Curtis M : that was my new house
03:52 pm Curtis M : lol
03:52 pm frank r : fummy
03:52 pm Mathew Waterfall : Who needs a house anyway. Shack on the beach
03:52 pm frank r : hahahah
03:52 pm Curtis M : amen
03:53 pm MarketMaven M : you’ll do great Leanne
03:53 pm Leanne Arnott : i’m at month 5 of learning this biz
03:53 pm MarketMaven M : just DM Curt or Mat on Twitter with questions I do lol
03:53 pm MarketMaven M : $BASI strong close
03:53 pm Leanne Arnott : glad I’m not the only one then!
03:54 pm MarketMaven M : haha
03:54 pm Curtis M : no .33 on $BSTG
03:55 pm Mathew Waterfall : Big MIM flip was sell side earlier now buy side about 300. Not a huge number but opened around 550 to the sell
03:55 pm MarketMaven M : hmm
03:55 pm Mathew Waterfall : now +500. interesting
03:55 pm MarketMaven M : hmm
03:56 pm Mathew Waterfall : Retail money often in last in moves, could be that
03:56 pm MarketMaven M : bernanke spotted at house
03:56 pm Leanne Arnott : I have to say these are the most colourful charts I’ve ever seen. Will take me a while to interpret
03:56 pm MarketMaven M : those ar enothing lol
03:56 pm MarketMaven M : just wait when he pulls out algos hahaa
03:57 pm Leanne Arnott : I don’t think I’ll ever figure them out!
03:58 pm Mathew Waterfall : Have a good night all, see ya in the AM for more melt up action
03:58 pm Curtis M : bye bye
04:00 pm Leanne Arnott : I’ll be up most of the eve studying these overlays! holy moley
04:00 pm Curtis M : have a great nigh all
04:00 pm Deb E : cya
04:00 pm Leanne Arnott : thanks Curtis
04:00 pm Lenny E : peace all

 

Be safe out there!

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Thursday Feb 16, 2017; $BSTG, $CUR, $PSIX, $AMDA, $MEMP, $SCON, $GLD, $GDX, $USOIL, $UWT, $NG_F  – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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:

Yesterday’s trading results can be found here:

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

The day started fairly decent, my morning momos didn’t go at the bell so I didn’t take a trade but there were some premarket momos $SCON $XTLB and others that some members did take trades on but I didn’t.

We had some pro traders come in to the room and that was awesome – Mathew (associate trader in our room) ran a really good market update and chat / broadcast was a good learning experience for the beginners and a good intra day refresher for the experienced.

As I was locking in on some nice prospect tickers for trades and then the Trump news conference started and that kind of took the wind out of the sails of active trade on the markets and then it recovered after. Interesting Presidential media news conference in my opinion:)

The $PSIX halt we were all over in the room and I was going to trade the snap back, but yup once again a tad distracted… but two members I spoke to after market reported great trades on it.

And the $CUR volatility halt, we were all over that in the room too – so it was not a bad trading day looking back.

I added to my long position in $BSTG a micro play and that was it on the day. Watching the main currency, commodity and similar plays for inflection point (either at support or resistance). My cost average in $BSTG is .325 – started entries at .305.

Trading, Results, $BTSG, Stocks

$BSTG Another micro we are trading accumulating since .305 hit .40 aftermarket Thursday

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

Ticker Last Change Volume Signal
PSIX 6.24 64.21% 4171065 Top Gainers
TOPS 3.00 36.99% 1238633 Top Gainers
SCON 1.55 34.78% 28285585 Top Gainers
CSLT 3.85 22.22% 1903888 Top Gainers
SXE 2.74 21.24% 1078957 Top Gainers
CUR 3.77 18.55% 3595603 Top Gainers
GMO 0.68 11.41% 1626647 New High
SAGE 62.75 8.98% 2977634 New High
NTES 298.73 14.08% 3735548 New High
GRVY 24.52 12.32% 59174 New High
SWIR 26.23 2.24% 591042 Overbought
ZSAN 3.07 7.72% 30820380 Overbought
SCTO 24.73 -0.16% 88468 Unusual Volume
XTLB 3.58 16.46% 1792363 Unusual Volume
XIVH 47.62 -0.83% 36364 Unusual Volume
DJD 29.98 0.32% 233355 Unusual Volume
BAC 24.58 0.00% 97998017 Upgrades
AEE 52.94 0.76% 2248203 Earnings Before
JMBA 9.68 -0.62% 31047 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $BSTG, $ONTX, $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Here’s a few micros I am watching/ trading:

$BSTG

$AMDA

$MEMP

Recent notes in post market reports that still apply,

“The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

“These low float micros have in past signaled the end of a cycle in the market – keep that in mind.”

“Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

$DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Gold and Miner’s are both at what we consider key resistance, below is a quick periscope video that walks you through what our algorithm @RosietheAlgo is up to.

An article on Gold / Miners you may want to read….

Silver $SLV:

Silver is at what consider key resistance.

Crude Oil $USOIL $WTI:

Crude oil continues to threaten a key support area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

 

Volatility $VIX:

Volatility continues its flat line.

$SPY S&P 500:

$SPY did come off a bit in Thursday trade, but nothing to be concerned about at this point at all. I wouldn’t try and call the top.

Per recent, “$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.”

Natural Gas:

Natural gas did loose the 200 day and the next most probable Fibonacci line is at 2.74 ish, however, in overnight trade it did gets some upside momentum – so the jury is out on $NATGASUSD.

Per yesterday, “It seems to be near a low IMO, we’re watching”.

Momentum Trades:

As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

As noted above, we have literally sent one out of the park after another. Continues to look good forward. The remaining calls we had in our mix such as $GOOGL and $AMZN took full bull stance also. Watching $RUSL closely now.

Earnings:

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

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

Momentum in premarket with $SCON and $XTLB.

08:59 am Curtis M : Protected: PreMarket Trading Plan Thurs Feb 16 $XTLB, $SCON, $MDGS, $TYHT, $UGAZ, $SLV, $NUGT, $JNUG https://compoundtrading.com/premarket-trading-plan-thurs-feb-16-xtlb-scon-mdgs-tyht-ugaz-slv-nugt-jnug/

Transcript:

Premarket chatter missed before recorder was turned on.

08:59 am Dave D : Protected: PreMarket Trading Plan Thurs Feb 16 $XTLB, $SCON, $MDGS, $TYHT, $UGAZ, $SLV, $NUGT, $JNUG https://compoundtrading.com/premarket-trading-plan-thurs-feb-16-xtlb-scon-mdgs-tyht-ugaz-slv-nugt-jnug/
09:31 am Mathew Waterfall : $ARWR with some continuation
09:33 am Tammi H : $KATE nice from PM entry
09:34 am Sledge L : $MDGS has news fyi
09:35 am Flash G : My $MGM swing boom
09:36 am Curtis M : $CUR halt
09:42 am Mathew Waterfall : $NGD trim from 3 entry here. Wil keep half for continuation
09:42 am Sandeep A : $MGM played out well
09:45 am Dave D : Not then best on momo stock side at open ugh
09:46 am Sandeep A : Trying to short $SCON but hard to find an entry
09:49 am Tammi H : $GENE popped and dropped
09:51 am Nicholas Winton : btw i like $NAK a lot
09:51 am Nicholas Winton : shortseller is going to get crushed imo
09:51 am Nicholas Winton : still take any trades w a stop
09:53 am Dave D : $MEMP +25%
09:55 am Curtis M : $CUR VWAP spike
09:59 am Mathew Waterfall : Stopped out of $UAA as noted yesterday. Stock looks like it wants to keep boucning and I don’t feel like waiting around. If it ever makes it back into thegap I may get interested
10:01 am Mathew Waterfall : $PPP miners strike in Mexico hitting it hard. down 10%. Will look to pick up a few shares
10:03 am Sledge L : $AMDA got a small jump at open:)
10:03 am Nicholas Winton : watch $SUNW small solar stock
10:06 am Mathew Waterfall : $ATLT strong like bull. next level is 20.20-20.40 and it should get going
10:09 am Curtis M : Well thats it for me – no morning momos – going to grab a coffee and do our regular OIL Gold Silver DXY etc charting in a bit.Disappointing open with SPY red.
10:09 am Mathew Waterfall : Hey, you know how I feel but more red is likely in the future
10:10 am Curtis M : All red is good with me:) need some $VIX acton
10:10 am Mathew Waterfall : Watching $XLF close right now, down day is very bearish there. Also watching bonds and dollar. wil give a round up at the hour mark as usual. Advanced warming for those who want to turn their speakers off
10:14 am Curtis M : private message on there for you Mathew fyi
10:17 am Curtis M : Mat away from monitors for 10 mins message me on Twitter if you get a chance
10:17 am Nicholas Winton : $GMO has some mojo
10:21 am Mathew Waterfall : Not much follow thorgh on any of these moves Im watching. VOlume drying up quickly
10:21 am Mathew Waterfall : Also lol at Soros Nich. That guy needs to sulk back into retirement
10:22 am Nicholas Winton : yeah, brutal
10:22 am Nicholas Winton : lol
10:23 am Mathew Waterfall : Rumored he lost a billion on the election trade after he was so sure of hillary and scared of trump that he went short after election night and got killed.
10:23 am Curtis M : $PSIX halt
10:24 am Nicholas Winton : wow George – at least he still has what 20 billion left
10:24 am Nicholas Winton : he might not be tipping waiters by this time next year (if he ever did)
10:25 am Mathew Waterfall : Probably tips in left wing propoganda booklets
10:25 am Nicholas Winton : ha
10:25 am Nicholas Winton : i get that $NAK is going to keel the short-seller
10:25 am Nicholas Winton : hope he covered
10:26 am Mathew Waterfall : It’s been strong and with metals strength I like the company, but the management did not handle that well
10:26 am Mathew Waterfall : I like to bet the jocket not the horse as they say, and that jockey did not do a fine job after the report
10:27 am Nicholas Winton : yeah let’s see how things play out
10:27 am Nicholas Winton : if copper stays in bull mode so will NAK
10:28 am Mathew Waterfall : Agreed. Seeing some follow through bearish $SPY flow. This remoinds me so far of the shallow pullback we had into the end of December
10:28 am Mathew Waterfall : Not getting too worked up as of yet but watching
10:30 am Mathew Waterfall : on the mic at 11 est for the review. Going to bump then back a bit to make things flow a bit better
10:30 am Mathew Waterfall : Natty flush
10:31 am Sandeep A : $PSIX is up like 70% curt
10:50 am Curtis M : $BSTG jiggy
10:52 am Tammi H : Really thinking $AKER is a decent long hold here
10:52 am Tammi H : Also looking close at $GOOGL and $AMZN…. I know I know but seriously
10:54 am Sledge L : I might take some $PSIX here now soon for afternoon
10:57 am Sandeep A : Curt was right on that wait on natty long I was yacking on about
10:58 am Sandeep A : It should get a really good bounce when it does
11:00 am Mathew Waterfall : On the mic
11:01 am SHortYELLEN! Y : thank you
11:03 am Kmanx E : dxy gonna dive way low
11:04 am Curtis M : Erc L maste of impending market doom on his way in da room
11:05 am Tammi H : obvious doom on horizon – Trump is holding a conference at noon fyi
11:06 am Eric Luni : LOL thanks for the intro
11:06 am Curtis M : hey eric lol
11:07 am Curtis M : 🙂
11:07 am Eric Luni : 🙂
11:08 am Tammi H : oooo some volatility maybe around the corner
11:08 am Tammi H : eric your the bond guy correct? curt said something
11:09 am SHortYELLEN! Y : yup he is Tammi – doomsday starts at 12 noon when Trump speaks get your VIX now
11:09 am Curtis M : Gold at algo resistance call fyi
11:10 am Dave D : Thanks for the wise words Mathew
11:10 am Dave D : Should I hedge with Gold now? Or wait for a pull back?
11:11 am Mathew Waterfall : My pleasure. I try to keep those pretty brief and to a general view but if you want to hear something in particular let me know
11:11 am Mathew Waterfall : At this point with gold I want to see if it can make a new high which would be 1250 on /GC. If we can get over that I think the path is higher
11:11 am Eric Luni : Yes bonds are really something..
11:12 am Dave D : Eric, do I hedge with Gold or no?
11:12 am Dave D : Or wait?
11:12 am Dave D : I thiink Trump is going to f things up soon
11:12 am Eric Luni : personally i prefer silver
11:12 am Dave D : Thats what Mat and Curt are saying
11:13 am Eric Luni : Clearly the yknow what they’re talking about :p
11:13 am Kmanx E : ANy thoughts on inflation Mat Curt or Eric?
11:14 am Mathew Waterfall : Silver looks great here. Some consolidation abover 18 and ready to rip
11:15 am Curtis M : I’m a math guy – not a bond or inflation or macro guy
11:15 am Mathew Waterfall : I think there is some inflation coming, which is why the mtals are rallying and why they stayed solid against all of the currency noise over the past week
11:15 am Curtis M : in case ya all didnt notice …. 2 things about that VIX chart…
11:16 am Curtis M : 1. Its divergent… could be a switcherooo on deck
11:16 am Curtis M : 2. MACD seriously elevated
11:17 am Tammi H : your saying perhaps short VIX soon then?
11:18 am Curtis M : MACD not high enouhg yet but you may want to consider when it peaks yes… may…
11:18 am Mathew Waterfall : Another thing to keep in mind is that if we do see continuation to the downside on the dollar we will see likely more inflation
11:18 am Tammi H : that makes sense
11:19 am Sledge L : Mathew thats the way I see it
11:19 am Mathew Waterfall : So a couple factors both leading to higher inflation IMO
11:20 am Eric Luni : not a popurlar opinion, but i don’t think hyperinflation for USD is out of the question.. i see soaring rates ahead as historic distortions are corrected by the market.. just my opinion though
11:20 am Eric Luni : too. much. debt.
11:20 am Sandeep A : Thats for sure Eric
11:21 am Sandeep A : What about Trump’s 4% + growth? Possible?
11:21 am Mathew Waterfall : At this point I don’t even know if the debt matters all that much though
11:21 am Mathew Waterfall : 4% mybe in the future, next 6-18 months, doubt it
11:22 am Flash G : Debt has to play in eventually you would imagine
11:22 am Eric Luni : It’s the only “asset” backing the dollar
11:23 am Eric Luni : surely it matters when you can barely service the debt at these low rates..
11:23 am Mathew Waterfall : In the conventional sense maybe it has to come into play, but in the american our nation/military is stronger than yours who knows.
11:23 am Flash G : ya thats kind of my thinking
11:23 am Mathew Waterfall : Who is going to call us? China/Japan? They both depend on a strong US althoguh that is slowly declinging
11:23 am SHortYELLEN! Y : North Korea will take us all out
11:23 am Mathew Waterfall : *declining
11:23 am Mathew Waterfall : A nuke from north korea would be great for my gold plays
11:24 am SHortYELLEN! Y : lololol
11:24 am Eric Luni : haha
11:24 am SHortYELLEN! Y : Trump is on TV in 30 mins I think
11:25 am Mathew Waterfall : Yepp. I gotta take a quick break. Back for Trump
11:25 am Curtis M : ok
11:25 am Curtis M : good update today Mat – I learn everyday which is nice at 49 years young
11:26 am Curtis M : Oil right on that support lne
11:26 am Curtis M : thats manipulated play right there folks
11:27 am Curtis M : Theyre holding it up over that supprt
11:27 am Curtis M : Managed markets
11:28 am Eric Luni : well said
11:28 am Sandeep A : Oil is kind of getting obvious
11:28 am Sandeep A : Like $SPY
11:28 am Sandeep A : imo
11:29 am Flash G : It’s so liquid though
11:29 am Flash G : massive flows
11:30 am Flash G : wonder if thats possible with oil markets
11:30 am SHortYELLEN! Y : for sure
11:31 am Dave D : I still dont get Curtis how you get the price to follow those white dotted lines 🙂
11:31 am Dave D : I understand everything else
11:32 am Dave D : I didn’t say that right hahahaha it doesn’t follow your lines but you know
11:32 am Curtis M : ya it follows what i tell it
11:32 am Curtis M : wouldnt that b nice
11:33 am Curtis M : next webinar I wll explain in detail and show you all time frames those quadrants – they’re Fibonacci based
11:34 am Dave D : erfect
11:36 am Curtis M : $MRNS on the move
11:37 am Sledge L : Thing of $VIX before Trump on TV
11:39 am Flash G : This is super interesting too http://www.zerohedge.com/news/2017-02-16/meet-man-rumored-be-behind-markets-relentless-ramp
11:39 am Dave D : Yes read that
11:39 am Sandeep A : Agree
11:41 am SHortYELLEN! Y : Paul Ryan is sooo daft
11:42 am Sandeep A : Hey Curt, let you know while its quiet here… like the room its grounded my action – I think now
11:43 am Curtis M : Ya thats good. Focus is good.
11:43 am Kmanx E : $EEM blocks are flowing
11:44 am Tammi H : $ZSAN shorts might get their asses handed to them here
11:48 am Curtis M : Silver 18.15 18.52 19.02 and gone if 19.02 cleared and holds fyi
11:48 am Curtis M : Symmetrical resistance areas
11:49 am Sandeep A : I get it
11:49 am Flash G : KISS
11:49 am Curtis M : yup
11:51 am Nicholas Winton : Mat- you like MJTK? nice curl
11:51 am Curtis M : theme is cash rich bios now fyi
11:51 am Curtis M : intra day lol
11:53 am Curtis M : chart bot nailed that buy alert
11:54 am Curtis M : $TVIX sitting on VWAP
11:59 am Curtis M : NATGAS lost the 200 MA and will ikely see at least 2.74
12:03 pm Tammi H : You just put that sh*t out there and don’t care if you’re wrong lol
12:03 pm Flash G : He’s never wrong
12:04 pm Curtis M : lol ya ok
12:04 pm Eric Luni : lol
12:04 pm Curtis M : ask my wife
12:04 pm Eric Luni : haha
12:04 pm Curtis M : or the bacarrat dealer
12:05 pm Sandeep A : funny
12:06 pm Dave D : our market is really slumpy here today
12:06 pm Eric Luni : lets see a tvix bounce on that sexy vwap
12:07 pm Sandeep A : sex? bounce? yes long
12:07 pm Sandeep A : hahaha
12:07 pm Eric Luni : lol
12:07 pm SHortYELLEN! Y : omg
12:14 pm Flash G : retail lol bye bye
12:18 pm Mathew Waterfall : Break took a bit longer than expected, got a ton of rain in the last 48 hours had to do some emergency clean up around the homestead
12:18 pm Curtis M : The rooms are split right now btw – both seeing same screen tho
12:19 pm Sandeep A : Seattle?
12:19 pm Mathew Waterfall : Nich, still have an eye on $MJTK watching for signs of life
12:20 pm Mathew Waterfall : Yea Seattle area. There was a huge mud slide a couple miles form my house last night covering one of the major freeways up here. That’s how much rain we got
12:20 pm Sandeep A : wow
12:20 pm SHortYELLEN! Y : in Canada myself where its nice but cold
12:21 pm Flash G : Forida baby
12:21 pm Flash G : This $HZNM looks good in a sad kinda way
12:21 pm Mathew Waterfall : MACD looks decent with some volume it could get going
12:22 pm Flash G : ya
12:22 pm Flash G : I’m looking at $NVDA long now first time
12:23 pm Mathew Waterfall : $ARWR shoing some life as well after the fake out this AM that had me adding at 2.15. looking for upper 2s or 3ish
12:29 pm Curtis M : $HZNM just spiked lol
12:31 pm Sandeep A : btd?
12:31 pm Mathew Waterfall : In a bit more $SLW here on weakness with silver strength
12:36 pm Flash G : Looks like $TSLA action starting
12:40 pm Curtis M : might be time to find your fav daytrade long … market may go green
12:50 pm Curtis M : add long $bstg
12:55 pm Dave D : that’s an interesting one Curt
12:56 pm Flash G : EPIC or the $BSTG? EPIC has me intrigued and I don’t trade oil.
12:56 pm Dave D : both i guess
01:05 pm Sandeep A : Sexy little play there
01:10 pm SHortYELLEN! Y : not a bad rip for a little guy curt
01:14 pm Curtis M : convinced the oil markets are managed
01:15 pm Eric Luni : You’re not alone, and it’s not the only managed market..
01:16 pm Curtis M : ya
01:16 pm Mathew Waterfall : It all is, but that’s the casino we play in
01:17 pm Curtis M : getting hate mail fr my natgas comments
01:17 pm Eric Luni : lol do you often get that kind of mail?
01:17 pm Mathew Waterfall : So you know you’re on to something lol
01:17 pm Mathew Waterfall : The right/wrong meter of sorts
01:18 pm Curtis M : yes
01:18 pm Curtis M : loots
01:18 pm Curtis M : always
01:19 pm Eric Luni : wow
01:20 pm Curtis M : some folk dont lke black and whte math chart type calls… emotion plays in
01:21 pm Curtis M : chart bot on $BSTG chart
01:21 pm Eric Luni : yea humans are funny but hate mail.. jeez
01:21 pm Curtis M : lol
01:22 pm Tammi H : $MYSZ action
01:23 pm Sandeep A : that lil bstg is funny chart
01:23 pm Sandeep A : whoaaa
01:23 pm Sandeep A : haha
01:24 pm Curtis M : might take it a few days 3 or 4 to fill gap
01:24 pm Curtis M : or maybe i,m wrong
01:25 pm Nicholas Winton : $GMO boom
01:26 pm Curtis M : nice Nich great call
01:27 pm Curtis M : whats your PT? Nch on GMO
01:33 pm Dave D : Nich boomed and left maybe
01:34 pm Curtis M : $AMDA got some action today it may go over coming days
01:37 pm Curtis M : Gold back at the magic mark
01:38 pm Curtis M : And then it just needs to clear blue above and keep it and it should be bye bye
01:39 pm Mathew Waterfall : All about the dollar. Back at the support, dollar needs sub 100.49 for the complete flush. If it takes a day or two to get through there not really a negative in my view
01:48 pm Curtis M : $DV halt
01:54 pm Dave D : This is interesting $DV Insider buy Weekly CEO Buys Highlights http://finance.yahoo.com/news/weekly-ceo-buys-highlights-175517732.html?soc_src=social-sh&soc_trk=tw … via @YahooFinance for sure
01:54 pm Dave D : what u think curt?
01:54 pm Curtis M : no idea
01:54 pm Dave D : hmm
01:54 pm Curtis M : price will tell
02:10 pm Kmanx E : Trump press conference was to da moon
02:12 pm Sandeep A : H e just put markets on hold lcause he talks
02:15 pm Nicholas Winton : any uge news from Donald?
02:15 pm Sandeep A : ya
02:15 pm Dave D : hes walking news lol
02:17 pm Sledge L : Transcript http://www.cnbc.com/2017/02/16/click-for-a-full-transcript-of-trumps-first-solo-press-conference.html
02:18 pm Nicholas Winton : thanks!
02:18 pm Nicholas Winton : ideally we get a mini scare on the SPY that spikes VIX like crazy in next day or two
02:19 pm Nicholas Winton : and resets sentiment with little actual damage
02:19 pm Nicholas Winton : just my thoughts
02:20 pm Sandeep A : interesting
02:20 pm Nicholas Winton : btw i’m getting we should put DRYS and NAK on our watchlists for the next couple of weeks
02:21 pm Nicholas Winton : if we get another melt up, i expect they will follow
02:21 pm Sandeep A : he may surprise everyone
02:21 pm Curtis M : thanks Nich
02:21 pm Mathew Waterfall : I’m also watching $NAK. The CEO said they would come back friday with something more substantial, we’ll see if that happens
02:22 pm Nicholas Winton : interesting, thanks for that note
02:23 pm Nicholas Winton : i’ll have more notes on both of those stocks next week
02:23 pm Mathew Waterfall : I think they said by the end of the week but I take that as tomorrow. Once they release that I’ll dig in a bit and see what the deal really is
02:24 pm Nicholas Winton : insiders are buying NDM this wk btw
02:24 pm Nicholas Winton : NAK aka NDM
02:24 pm Nicholas Winton : i would love it to fall more
02:24 pm Nicholas Winton : and really load up
02:24 pm Nicholas Winton : but we’ll see
02:37 pm Mathew Waterfall : Looking at $SWN for an add and $CHK for a starter
02:46 pm Nicholas Winton : traders who might be interested, put $SUNW on your watchlist
02:46 pm Nicholas Winton : it’s a small solar stock
02:46 pm Kmanx E : Got it thanks!
02:46 pm Sandeep A : I like it
02:47 pm Sandra Q : looks decent
02:47 pm Nicholas Winton : my signals get we might see something interesting happen in next day or two
02:47 pm Nicholas Winton : watching tomorrow especially
02:53 pm Mathew Waterfall : Chart looks decent. Looks like 2.17-2.2 should be some resistance but over that looks like it would run
02:53 pm SHortYELLEN! Y : thank you Nicholas and Mathew and Curt you guys really help… Be here tomorrow. Good night!
02:53 pm Nicholas Winton : I agree- Mat and Curt rock!
02:54 pm Flash G : On Curt’s Twitter fyi Thinking about backing the dump truck fleet up on $SPY and buying the dip.
02:54 pm Nicholas Winton : i do think NAK could be a big mover tomorrow Mat
02:54 pm Curtis M : thanks flash I should have alerted that in room
02:54 pm Mathew Waterfall : Nice to have you along Nick, Eric, and everyone else who contributes. The best days in here are the days where everyone is chatting and tlaking trade ideas
02:55 pm Curtis M : I was just trying to bug some haters on Twitter lol get hate mail for Gold resistance and $SPY bears
02:55 pm Nicholas Winton : haha
02:55 pm Flash G : I prefer to be bias to profit not hating on charts
02:55 pm Curtis M : good point
02:56 pm Mathew Waterfall : $NAK calls also look cheap here. might take some Mar 3’s. at .16 they seem worth the risk
02:57 pm Curtis M : $NAK really has my curiosity
02:58 pm Mathew Waterfall : I like options for these plays. Clearly defined risk. If it ends up getting flushed again for some reason I don’t get burned too bad, it rockets I make money
02:58 pm Curtis M : makes sense
03:09 pm Curtis M : taking a conference call fyi
03:10 pm Nicholas Winton : I am getting $NAK begins a major new trend 1-2 trading days of Feb 18th
03:11 pm Nicholas Winton : which could mean as soon as Fri or as late as Tue
03:11 pm Nicholas Winton : i think we could see something big happen tomorrow
03:13 pm Nicholas Winton : if I’m right that short-seller will be crushed
03:15 pm Mathew Waterfall : I hope they are. I hate short sellers that release some BS like that. The report was pretty baseless
03:18 pm Mathew Waterfall : $SWN add. Will keep hitting this as natty tries to find its bottom
03:19 pm Nicholas Winton : put $ASM on watchlist
03:19 pm Nicholas Winton : also could fly
03:19 pm Mathew Waterfall : I love that, and am in it. I have decent location but it has been reving up and good support mid 1.90’s
03:20 pm Nicholas Winton : tomorrow would really crush the morale of the shorts if we surge higher
03:20 pm Nicholas Winton : i mean even more
03:20 pm Nicholas Winton : i’m leaning toward that
03:21 pm Curtis M : at my age and weight just lean or lein whichever it is
03:22 pm Mathew Waterfall : I think the indexes need some cooling off. Would would get me actually bearish besides a couple small stabs would be if we fell off, then the dip got bought hard but couldn’t make new highs. Classic pattern that would lead to a huge flush as all of those late longs got flushed out
03:23 pm Mathew Waterfall : Until something like that happens I have no faith that the bears are in control as much as I wish that were the case
03:30 pm Kmanx E : $SAGE going
03:37 pm Curtis M : big buys in $CL
03:37 pm Mathew Waterfall : Out of here a bit early today to take care of a few things while this slow close grinds on. See yall in the AM
03:37 pm Curtis M : kk
03:37 pm Flash G : cya mat
03:37 pm Tammi H : Thanks Mathew
03:40 pm Curtis M : Putting $CL on my swing watch list
03:40 pm Curtis M : looks really good
03:41 pm Nicholas Winton : ciao all
03:41 pm Curtis M : by Nich
03:41 pm Sledge L : Later
03:56 pm Tammi H : $BBW poppin
03:57 pm Curtis M : Looks like market is set for tomorrow and in to next week for higher. Could surprise me but….
03:59 pm Jack M : thanks c you
04:00 pm Jack M : great day cya later guys and gals

Be safe out there!

Here’s my Friday Follows BTW FF#

 

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Wednesday Feb 15, 2017; $FNCX, $EVOK, $FIG, $ZSAN, $EDIT, $USOIL, $UWT – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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:

Yesterday’s trading results can be found here:

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

Premarket was again a very busy and impressive premarket. Normally our room is quiet premarket with folks preparing for the day, but there were some traders that couldn’t resist.

Anyway, one of our traders hit three huge movers in the premarket ($FNCX, $EVOK, $FIG) and nearly doubled her account size before the bell even rang – and then she kept hitting later in the day on $ZSAN and $EDIT – as did others).

My big win was on $NOVN and Mathew was moving around his trade positions too. EPIC the Oil Algo hit the 10:30 Tuesday target dead on this morning so our $USOIL $WTI Oil related long hold in $UWT is doing well.

We have a really skilled group in the room – not that I have anything against the rooms with early traders, but it is nice to have a large percentage that are skilled – and best of all, our early traders mature in to positive returns faster than most I think (because of the other traders in their midst). It seems that way anyway.

The $NOVN trade I knocked out of the park (it terms of timing but not in terms of percentage gains like the other traders in our room hit the 70% type wins in premarket). I took an alert in the room on a halt in $NOVN and when it re-opened for trade hit it right away for 3000 shares and then near immediate for another 6000 long. My cost average was just under 6.60 and I closed for 7.70 (near the top of the spike).

Some of our SMS and email alert folks asked me today why they did not receive the trade alert from me – on these really quick ones it’s impossible – from the time I entered long to my exit it was less than 70 seconds (if I remember right) – so in that 1 minute there is no possible way to alert. I couldn’t even alert the room in a perfect way – I did, but it wasn’t perfect. Mathew was doing a voice broadcast updating our room on the markets, commodities, currencies etc during the time also.

One way to fix that is on Twitter you can get my Tweets live notifications (you can set this on your feed) and you can also subscribe to the room and get live text interaction in the room. I know these two options may not be possible as some folks work etc and thats why you get the SMS alerts and are not in the room. So we are endeavoring to get you every single trade (no matter how quick) on SMS and email, but it isn’t always possible.

 

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

Ticker Last Change Volume Signal
ZSAN 2.85 41.09% 35149505 Top Gainers
BRN 2.45 38.41% 93570 Top Gainers
NOVN 6.44 34.45% 5432657 Top Gainers
EVOK 3.40 30.27% 20648868 Top Gainers
EDIT 24.30 28.84% 5610805 Top Gainers
FIG 7.99 28.66% 151445269 Top Gainers
FIG 7.99 28.66% 151445269 New High
BRN 2.45 38.41% 93570 New High
WGBS 6.60 14.78% 393318 New High
WIX 61.50 16.15% 2359703 New High
WOOF 90.93 0.18% 1491274 Overbought
SWIR 25.65 1.58% 591364 Overbought
FIG 7.99 28.66% 151445269 Unusual Volume
CIDM 1.69 26.12% 8472808 Unusual Volume
FWDB 25.53 0.83% 74815 Unusual Volume
SPXH 32.66 0.40% 179823 Unusual Volume
ACOR 25.40 6.50% 1195211 Upgrades
ADHD 1.30 8.33% 3245132 Earnings Before
MLVF 20.80 -0.95% 12592 Insider Buying


Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $ONTX, $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM:

Trading and The Markets Looking Forward:

Per yesterday, “The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.”

These low float micros have in past signaled the end of a cycle in the market – keep that in mind.

Per yesterday, “Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon.”

Epic our FX $USOIL $WTI Oil Charting Algorithm Wednesday 10:30 EIA target area hit (not perfect to the cent and second but trade was in target area and very near center at exact time). Note: The Periscope / Twitter post heading below is incorrect – it should read Wednesday not Tuesday.

Per yesterday, “Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked swing trading newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

$DXY US Dollar is threatening to the trend reversal side, but not confirmed, awaiting market direction.

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

Gold and Miner’s are both at what we consider key resistance.

Silver $SLV:

Silver is at what consider key resistance area also (along with Gold).

Crude Oil $USOIL $WTI:

Crude oil continues to threaten a key support area that we have used as an area of accumulation long (we’re long as long as the trend is in place – the trend is your friend and we’re trading the range until it isn’t).

As noted above EPIC the Oil Algorithm hit the Wednesday 10:30 AM target call – chart below.

Wed #EIA 1030 target call area hit. Within 6 cents of time and price called. Crude algo intra work sheet 1030 AM Feb 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

EPIC, Oil, Algo, #EIA, Target, Hit

Wed #EIA 1030 target call area hit! Within 6 cents of time and price called. Crude algo intra work sheet 1030 AM Feb 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Volatility $VIX:

Volatility continues its flat line.

$SPY S&P 500:

$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.

Natural Gas:

It seems to be near a low IMO, we’re watching.

Momentum Trades:

As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

As noted above, we have literally sent one out of the park after another. Continues to look good forward.

Earnings:

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

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

Announcements in room:

08:50 am Curtis M : PreMarket Trading Plan Wed Feb 15 $FNCX, $FIG, $CIDM, $PTX, $GRPN, $UGAZ, $UWT LINK: https://compoundtrading.com/premarket-trading-plan-wed-feb-15-fncx-fig-cidm-ptx-grpn-ugaz-uwt/

09:40 am Curtis M : Techs are working on room access issue and being able to chat issue lol – new software last night may have something to do with it but I doubt it.

Transcript:

Premarket chatter missed before recorder was turned on.

09:05 am Curtis M : $FNCX, $EVOK, $FG, $BSTG, $UHAZ, $UWT
09:09 am MarketMaven M : wow
09:09 am MarketMaven M : Just also nailed $EVOK with with premarket buy – all out now – up over 70%
09:10 am Lenny T : That was a great play out also
09:13 am Curtis M : congrats on those guys
09:15 am MarketMaven M : DOuble up on account haha
09:15 am MarketMaven M : 3 plays
09:19 am Lenny T : that was crazy momo
09:22 am Sammy T : congrats marketmaven
09:30 am Lenny T : $FNCX way off
09:31 am Lenny T : $FNCX over 4.50
09:31 am Curtis M : L $FNCX 4.52
09:32 am Curtis M : If it doesnt hold VWAp I will cut
09:33 am Curtis M : Out 4.38 small loss on 1000 shares
09:33 am Sammy T : Think I may go back in myself
09:34 am MarketMaven M : not the best open
09:40 am Curtis M : Techs are working on room access issue and being able to chat issue lol – new software last night may have something to do with it but I doubt it.
09:41 am Sartaj Hundal : No problems here
09:41 am Sartaj Hundal : I’d recommend using a new browser to those having issues, or updating their current one
09:41 am Curtis M : back in 5
09:46 am Mathew Waterfall : Issues for me getting into the room. In some $SWN premarket and $JNUG premarket as well
09:46 am Mathew Waterfall : Looking to trim some $JNUG already but gold actually acting well here
09:47 am MarketMaven M : ya a few reported issues
09:47 am Mathew Waterfall : Added back some $PLG here as well
09:48 am Mathew Waterfall : Worked for me to switch over from Chrome to IE if anyone has similar issues in the future on not being able to load the chat window
09:51 am MarketMaven M : whats IE?
09:51 am Mathew Waterfall : Also cut my $TRQ position in half. Hasn’t been getting the action I’ve wanted slight win there and will leave a trailer
09:51 am Mathew Waterfall : Internet Explorer MMM. I know old school
09:53 am MarketMaven M : i saw curt using oprah so i tried it but ok IE thanks
09:53 am MarketMaven M : oprah haha opra
09:54 am Mathew Waterfall : Yea I use chrome for everything so not sure where the issue was this AM but easy fix
09:55 am Sandra Q : $FFHL $KALV $CIDM on my watch
09:56 am Mathew Waterfall : Ton of call sweep action basically everywhere. Big ones are $AAPL, $BAC, $GRPN, $INVA but seeing a ton of call flow right off of the open
09:56 am Sandra Q : congrats on that double up this morning MarketMaven you’re buying aftermarket tonight
09:58 am Mathew Waterfall : $SWN watching through 9.15 area. Add there
10:05 am MarketMaven M : back in $EVOK btw at 4 though why not be a piggy
10:07 am OILQ K : way to go
10:08 am Mathew Waterfall : $JUNO into the gap
10:08 am Sammy T : twas sweet action pm
10:09 am Sammy T : whats going on with $BSTG curt?
10:11 am Mathew Waterfall : Stopped out of $UEC on the trailer I had on. Winner there and horrible action today after that opening pop
10:11 am Curtis M : $BSTG some guys I know are accumulating so on watch
10:12 am Curtis M : $SHOP at 52 week highs and I held that mother for 6 months before I dropped it for a loss last year fark
10:14 am Mathew Waterfall : Looking to start shorting up here. $TZA calls, possibly $SPY puts
10:18 am Dave D : $NOVN halt
10:19 am Mathew Waterfall : All you metals players survive that dollar spike alright?
10:19 am Mathew Waterfall : Was scary there for like 15 minutes lol
10:19 am Sammy T : I played around it all daytrading only
10:20 am Dave D : dollar hasnt been easy on me but survive
10:20 am Mathew Waterfall : nice job, so did I sammy. This range offers us great opps to play those flushes and bounces
10:21 am Mathew Waterfall : On the mic
10:21 am Dave D : got ya clear ni prob mat
10:22 am Sammy T : kk
10:25 am Curtis M : L NOVN at 6.60 cost avg sorry alert didn’t work when i pressed enter
10:26 am Curtis M : Out $NOVN 7.70 decennt win 9000 shares
10:27 am Curtis M : all good out
10:29 am Dave D : I followed on that $NOVN curt but only got .30 cents
10:30 am Lenny T : ur making a lot of sense today Mathew:)
10:30 am Lenny T : like it
10:30 am Sandra Q : I went with ya silent curt
10:30 am MarketMaven M : haha me too!!! that was nuts action
10:31 am MarketMaven M : ya you’re right lenny Mat keeps my head on lolol
10:31 am Mathew Waterfall : haha thanks Lenny, I have my days
10:31 am MarketMaven M : that was an awesome alert btw good call way to be on it guys
10:32 am MarketMaven M : what a day
10:32 am Mathew Waterfall : Oil, wow huge buiold confirmed. This is playing out like last year but the market isn’t going lower. Weird action IMO
10:33 am MarketMaven M : oil is mad science
10:34 am Mathew Waterfall : Science can only matter so much when we are at record inventory numbers
10:35 am MarketMaven M : lol
10:36 am Mathew Waterfall : Just picked up a starter amount of $UGAZ because I love a good pain trade
10:38 am Mathew Waterfall : Eyes on $LNG here along with my $SWN pos as well
10:38 am Dave D : had my finger on trigger for $UGAZ 24 times last 24 hours
10:39 am Dave D : :0
10:39 am Mathew Waterfall : Me to Dave. I just went in small with the idea that i would let it float and add if we get move downward price action. Keeping it very small allows me to not owrry about the losses as much
10:40 am Dave D : have to be on it close
10:45 am Curtis M : Going to review #EIA report crude oil trade with EPIC Algo chart in a couple minutes – if you are on obile and cant here it you can find it on my periscope anytime later
10:50 am Sammy T : oil will crash! hahahaha bear
10:50 am Curtis M : not in to the oil trade sammy? 🙂 dont blame ya
10:51 am Sammy T : not not now
10:51 am Curtis M : ha
10:53 am MarketMaven M : should just follow that epic thing ha
10:53 am MarketMaven M : goin on lunch has a big day cya soon
10:55 am Sandra Q : good idea me too
10:57 am Mathew Waterfall : Sense all the cool kids are doing it, gonna take a quick break back in a few
10:59 am Curtis M : kk
10:59 am Sammy T : ha
11:16 am MarketMaven M : not much goin on I think i will go back for a bubbly: now:)
11:16 am Lenny T : queen today!
11:17 am Lenny T : I have’t left yet going now
11:17 am Lenny T : lunhc
11:26 am Curtis M : crude came off pretty heavy there but stopped at that dotted white algo fib line
11:27 am Curtis M : gotta remember those fri targets are weak just saynig
11:31 am Mathew Waterfall : Not much going on on my end but I did reset everything and got the chat to open inChrome so that’s a win
11:31 am Lenny T : winners!
11:32 am OILK K : $FUN looks FUN at 52 week highs too! Winner
11:33 am OILQ K : fun nnny
11:33 am OILQ K : luv
11:34 am Mathew Waterfall : $TZA Mar 24c’s at .15. First short stab here
11:34 am Lenny T : GL!
11:34 am Sandra Q : Gonna need it Mat! 🙂 careful
11:34 am Dave D : cheeky
11:36 am Mathew Waterfall : We’ll see. Trading optiosn means defined risk up front. Take the size you’re comfortable with. It goes to 0 and I won’t loose any sleep over it
11:37 am Mathew Waterfall : Feel free to timestamp this right or wrong howeve
11:38 am Dave D : ha timestamp! men are always right anyway
11:39 am Mathew Waterfall : We’ll call that $IWM 139 and see where we go from here. with a month until expiration on those bad boys
11:57 am Mathew Waterfall : $PLG on a ripper from this morning. These smaller names should come to life shortly
11:58 am MarketMaven M : ! $PLG I missed it
12:01 pm Mathew Waterfall : I hit a readd this morning on the weakness, looking for 2.50’s then 4’s long term
12:06 pm MarketMaven M : wow!
12:28 pm MarketMaven M : curt AC investor watching your screen?
12:28 pm NewbiHH O : Hi guys
12:28 pm MarketMaven M : hey newbi
12:28 pm NewbiHH O : hi
12:29 pm Curtis M : whu u ask MM?
12:29 pm MarketMaven M : he just longed $PRKR and you’ve had it up for last 45 mins … curious if u guys know ieach other
12:30 pm NewbiHH O : did u guys nail the oil today?
12:30 pm Curtis M : ah nope
12:30 pm NewbiHH O : that report was confusing again..
12:30 pm Curtis M : nice wins this morning btw MM nice double up
12:31 pm NewbiHH O : nice
12:31 pm MarketMaven M : EIA report? newbi
12:31 pm NewbiHH O : yes..
12:31 pm NewbiHH O : i thought it was a short..but it ripped
12:31 pm MarketMaven M : ya I think thats why Curt gave up trading his method ad follows EPIC lolololol cry
12:32 pm MarketMaven M : that happened to curt not long ago too
12:32 pm NewbiHH O : that happen to me last week..lol
12:32 pm MarketMaven M : last week i think
12:32 pm MarketMaven M : ya
12:32 pm MarketMaven M : he was freaknh mad
12:33 pm MarketMaven M : $PRKR curt!
12:33 pm MarketMaven M : nice call
12:33 pm Curtis M : got it from bottoms up twitter feed
12:34 pm NewbiHH O : what price at $PRKR?
12:35 pm MarketMaven M : curt just put it on screen an hour or go or so maybe 45 mins ago
12:35 pm Curtis M : not in it
12:36 pm NewbiHH O : oh
12:37 pm MarketMaven M : lowfloater again
12:39 pm NewbiHH O : $WIX near $62
12:39 pm NewbiHH O : /zb
12:40 pm NewbiHH O : $AIG
12:41 pm NewbiHH O : I only made one trade today..$AIG
12:41 pm NewbiHH O : oil spooked me again..
12:41 pm MarketMaven M : work out?
12:41 pm MarketMaven M : the trade?
12:42 pm NewbiHH O : yeah..shorted it at open
12:42 pm MarketMaven M : nice
12:42 pm NewbiHH O : thx
12:43 pm NewbiHH O : edit
12:43 pm NewbiHH O : edit
12:43 pm Dave D : $EDIT JIG
12:43 pm NewbiHH O : dang it..cant short it
12:44 pm NewbiHH O : any news ?
12:44 pm Dave D : $prkNOT SURE
12:45 pm Dave D : sorry not sure
12:45 pm NewbiHH O : ah…$edit
12:54 pm Lenny T : $WIX $BAC the two I’m looking at for EOD entries
12:54 pm Lenny T : and $AMZN
01:01 pm NewbiHH O : $WIX 15min looks like a RBI
01:02 pm Mathew Waterfall : $WIX is a smoker. Seems like tripple digits are in its future
01:04 pm NewbiHH O : $EDIT baout to pop
01:10 pm NewbiHH O : $RDUS about to pop..but tape slow
01:10 pm Mathew Waterfall : natty flush
01:11 pm NewbiHH O : ah…
01:12 pm Mathew Waterfall : 200 day around 2.89 which it bounced off of yesterday so watching that for support
01:21 pm Mathew Waterfall : What you thinking here on natty Curt? It’s a tough one to read
01:22 pm Curtis M : vol may no tbe low enough yet on daily – may not be bottom
01:23 pm NewbiHH O : /ng if we dont get a2.931 bove we test 2.909?
01:23 pm Edward Johansson : hi guys, who should I message for support? just wondering about sms service
01:24 pm Mathew Waterfall : Lower vol than summer bottom and similar to fall but yea not a ton in the futures
01:24 pm Curtis M : hi Ed sure ya email in if u dont mind
01:24 pm Edward Johansson : cool, will do
01:24 pm Curtis M : afternoon seeson just getting going
01:24 pm Curtis M : thanks 🙂
01:25 pm Mathew Waterfall : I’mn looking for a clear 2.951 or risk another 200 day Newbi
01:25 pm NewbiHH O : ah..got it
01:26 pm Mathew Waterfall : We tested abover there but couldn’t hold it. That’s yesterdays high and VWAp at 2.957 so short term what I’m watching
01:26 pm Curtis M : The chart bot has naioed the buys recent on daiily natty
01:26 pm NewbiHH O : ah ha
01:26 pm NewbiHH O : thats the one on the screen
01:26 pm Curtis M : the blue
01:26 pm Curtis M : 4 buy alerts would have been decent
01:27 pm NewbiHH O : okay.. do you have a youtube vid? i was wondering about the screen..haha
01:27 pm NewbiHH O : $EVOK poop
01:28 pm Curtis M : lol Mat hate to put your financial life in the hands of a chart bot but …. lol
01:28 pm NewbiHH O : anyone watching $CTIB ? low vol..but popping
01:29 pm Curtis M : should rip on the 200 u would think tho
01:29 pm Mathew Waterfall : Im so small in $UGAZ I don’t really care lol
01:29 pm Mathew Waterfall : I’m watching this while metals and currency figures itself out
01:29 pm Sartaj Hundal : Newbie, can you email [email protected]?
01:30 pm Curtis M : still think its 200 day
01:30 pm Curtis M : sorry 200 ma or 2.70 at worst
01:31 pm Mathew Waterfall : another 200 day touch would make it a nice double bottom. I have a ton of levels in the 2.6’s on my chart so there is some more support down there as well but obviously a long way to fal
01:32 pm NewbiHH O : ah.. isee
01:35 pm Curtis M : best math we have says 2.70 and i think 2.45
01:38 pm Mathew Waterfall : How do you figure 2.45? Moving into summer season with a lot of support below makes that a tough conclsuion for me
01:39 pm Curtis M : 2.45 based on sesame street only doesnt go any further lol
01:40 pm Mathew Waterfall : I’m not saying you’re wrong lol I just can’t get that far. I take trades like this level to level. If we break the 200 and close below I will pitch my small position until it firms
01:40 pm Curtis M : june 12 2013
01:41 pm Curtis M : ya who knows
01:42 pm Curtis M : wish we had the math down on it
01:42 pm Mathew Waterfall : Funny I was thinking we are in a similar pattern as 2012 into 2013 off of that low
01:42 pm Mathew Waterfall : April 2012 low and chart looks about similar from last springs low
01:43 pm Curtis M : very possible
01:48 pm NewbiHH O : SLAB
01:49 pm NewbiHH O : DXTR
01:49 pm Dave D : add $TRCH
01:50 pm Mathew Waterfall : $EEM seeing some flows here as well. Forget who asked about that last week
01:50 pm NewbiHH O : lol.. missed that bounce with .04 onn $SLAB.. -.-
01:56 pm Sammy T : $zsan TIME
01:56 pm Sammy T : $SPY time
01:56 pm Sammy T : my time
01:58 pm Sammy T : shkreli short
02:20 pm Dave D : adding last 1/3 to $EWZ swing
02:21 pm Cara R : $EWZ been in it for a few weeks Dave, positive I think
02:22 pm Curtis M : $ZSAN look at that Stoch RSI
02:22 pm Curtis M : on the 3 just reved flat at 11
02:23 pm MarketMaven M : i have some of that oink oink
02:33 pm Mathew Waterfall : Pit close and OPEX done. Oil might see some movement into the end of the week with that out of the way
02:35 pm Sammy T : I wish the FEd would just shut the f up and ya shut up would help
02:35 pm Mathew Waterfall : Don’t we all Sammy, don’t we all
02:37 pm NewbiHH O : $NVRO
02:37 pm Sammy T : $NVRO what?
02:39 pm Sandra Q : $NVRO spike Sam
02:50 pm Sandra Q : Power Hour better be power hour
02:51 pm Mathew Waterfall : Feels like someone turned off the market and it’s just melting up sooooo slowly
02:52 pm Greg L : yup
02:54 pm NewbiHH O : $CYTX
02:55 pm NewbiHH O : AIRM
02:59 pm NewbiHH O : NVRO about to pop again
03:00 pm NewbiHH O : looking for 97 if pops
03:02 pm NewbiHH O : meh
03:02 pm NewbiHH O : no vol coming at the high..
03:03 pm NewbiHH O : done for today.. cu guys tomorrow
03:03 pm NewbiHH O : bye
03:05 pm Mathew Waterfall : Have a good night
03:05 pm Lenny T : ccya mat
03:05 pm Lenny T : oh newbie
03:05 pm Lenny T : got it was studying
03:06 pm Sandra Q : me2
03:06 pm Mathew Waterfall : Slow day, see yall tomorrow for some hopefolly better action. Feel like I’ve been saying tht for the past week
03:07 pm Sandra Q : ya
03:07 pm MarketMaven M : pre market baby
03:30 pm Mathew Waterfall : Turn your dictionary to a picture of a blow off top and this is what it looks like. Frustrating part is it can go on for a while. Keeping my trades small and tight right now because my macro bias won’t let me get too long into this thing
03:31 pm Sammy T : same
03:32 pm Mathew Waterfall : As a day trade you don’t need to trade all day every day. This is great patience practice for me if nothing else
03:42 pm Nicholas Winton : watch $ICLD over next week or so- nice bottoming chart
03:49 pm Sandra Q : thank you nich quiet afternoon
03:49 pm Sandra Q : iafter a carzy premarket today
03:49 pm Sandra Q : i guess i should go bye bye see you all\
03:50 pm MarketMaven M : by asandy!
03:50 pm MarketMaven M : thanks for being my partner in bank this morning
03:50 pm Mathew Waterfall : See yall tomorrow am. Maybe I’ll join you for some of this premarket action that I hear so much about lol
03:50 pm MarketMaven M : yeah!
03:50 pm MarketMaven M : i am leaving now tooooo shopping\
03:51 pm Sandra Q : night all
03:52 pm Mathew Waterfall : A little color on that rumor I was talking about earlier if interested
03:52 pm Mathew Waterfall : https://twitter.com/LONGCONVEXITY/status/831968801084338176/photo/1
03:52 pm Lenny T : cool
03:59 pm Lenny T : bye
04:00 pm Curtis M : nite all

Be safe out there!

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Tuesday Feb 14, 2017; $ZAIS, $GALT, $PHMD, $RELV, $CYNO, $LPTH, $UGAZ  – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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:

NA

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

$ZAIS, $GALT, $PHMD, $RELV, $CYNO, $LPTH were the big movers Tuesday. I was in $GALT ended flat but many of the members in premarket and the open hit the momentum stocks (got a lot of DM messages, it was active).

The room was quieter than normal and most members I spoke to were studying and reconciling accounts / looking over trade plans etc.

I spoke to members that were in most of the plays $ZAIS, $GALT, $PHMD, $RELV, $CYNO, $LPTH and most didn’t get chopped up and were on winning side if they were in them, good group of traders in the room and the newer traders continue to share there appreciation for the wisdom found in there. So all good!

Natural gas we were all over in the morning also, I didn’t take a trade but many in our room did catch $UGAZ spike and all I spoke to sold in to the spike and some re-bought this morning or are again.

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

Ticker Last Change Volume Signal
ZAIS 4.32 110.73% 25924021 Top Gainers
GALT 1.80 40.62% 2741000 Top Gainers
PHMD 2.41 32.42% 6737400 Top Gainers
RELV 7.53 29.83% 1401400 Top Gainers
CYNO 65.93 28.02% 13508800 Top Gainers
LPTH 2.20 27.54% 2059121 Top Gainers
CYNO 65.93 28.02% 13508800 New High
CUTR 21.00 7.14% 395500 New High
EGI 0.67 11.08% 548983 New High
NBRV 10.00 5.15% 85771 New High
PLSE 12.11 2.28% 351400 Overbought
WOOF 90.77 -0.02% 1001000 Overbought
ZAIS 4.32 110.73% 25924021 Unusual Volume
RELV 7.53 29.83% 1401400 Unusual Volume
GIG 3.05 12.55% 35887457 Unusual Volume
ESG 55.02 0.97% 45800 Unusual Volume
BKU 40.15 3.37% 1619600 Upgrades
AB 24.50 3.16% 673500 Earnings Before
ICBK 27.93 -0.29% 3798 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $ONTX, $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM

Looking Forward:

The small and micro momentum stocks continue to pop, however, traders need to be cautious because often its the low floats and thin trade can be difficult to chip out of positions – caution warranted in many ways.

Our standard plays that reflect the six algorithm charting we do are all at decisions at either support or resistance so this should get really interesting soon. Epic our oil algorithm Tuesday 4:30 target area hit (not perfect to the cent and second but trade was in target area).

Our swing trading side continues to outperform all my expectations for 2017 (you can find the most recent unlocked newsletter on our blog) – I had a feeling it was going to do well, just didn’t quite expect a grandslam. We’re in the middle of compiling our next set of stock picks for the swing trading members and will have them out over next few days – hopefully that batch will bring the same type of returns as the new year batch did and continue to in most instances.

US Dollar $DXY $USDJPY $UUP:

$DXY US Dollar is threatening to the trend reversal side, but not confirmed yet.

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

Gold and Miner’s are both at what we consider key resistance.

Silver $SLV:

Silver is at what consider key resistance area also.

Crude Oil $USOIL $WTI:

Crude oil in premarket touched key support – this could get interesting if it loses support. There are a few other supports just under are of trade, but not much. Multi week trade range support for example is just under current area of trade.

The target area that hit on Tuesday is chart below.

EPIC, Oil, Algo, Chart,

Tuesday 1630 EST Algo Target Zone (Red Circle). Crude algo intra work sheet 326 PM Feb 14 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Volatility $VIX:

Volatility continues its flat line.

$SPY S&P 500:

$SPY continues the break-out. Trade the Fibs and buy the dip until you can’t. Respect stops.

Natural Gas:

It seems to be near a low IMO.

Momentum Trades:

As noted above, the low float micros and small cap issues continue in momo.

Swing Trading:

As noted above, we have literally sent one out of the park after another. Continues to look good forward.

Earnings:

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

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

08:25 am NewbieHH O : GM
08:26 am John M : hey newb:)
08:26 am OILQ K : mornin
08:26 am NewbieHH O : Hi John
08:27 am cynthia y : news about China steal looks dirty … my steal stocks ugh
08:28 am cynthia y : hey newb – usuallypretty quiet n here until right b4 open fyi welcome:)
08:28 am NewbieHH O : ah..
08:29 am NewbieHH O : Thanks for the heads up cynthia
08:32 am NewbieHH O : oh..saw this ticker yesterday..$cyno
08:32 am OILQ K : $CYNO longs BANK
08:32 am Shafique M : hi newbie welcome aboard
08:33 am NewbieHH O : hi Shafique! Thank you!
08:34 am NewbieHH O : $NVDA
08:36 am Sandra Q : $GEVO bad day glad we stayed out peeps
08:37 am Sandra Q : $UGAZ gotta be ready soon
08:38 am NewbieHH O : $HIBB @$27.. got sum down side
08:38 am Sandra Q : Core PPI up more than forecast in December http://seekingalpha.com/news/3243159-core-ppi-forecast-december?source=feed_f … #premarket
08:39 am Sandra Q : Mornin! Newbie!
08:39 am NewbieHH O : Morning Sandra
08:40 am NewbieHH O : $Z upgrade
08:43 am Sandra Q : $Z looking close
08:44 am Nate A : Wow chart bot nailed that $CGA perfect!
08:44 am Sandra Q : ya target perfect ha
08:47 am Nate A : $SINO might go again today
08:48 am NewbieHH O : keep seeing $CBIO
08:49 am Nate A : $CBIO ya $MRNS some PR too
08:50 am NewbieHH O : ah
08:51 am Sandra Q : EPIC still EPIC nice…. our $UWT hammer down from yesterday in play
08:54 am Nate A : $ZSAN premarket highs
08:54 am Nate A : $$AEZS chart set up bull
08:59 am Nate A : Talking to curt last night he was going to go long right at end of day hard $CBIO and I dont think he did
08:59 am Nate A : price action EOD a tell
08:59 am NewbieHH O : $TAP earnings miss
09:00 am NewbieHH O : $DPS earnings miss
09:00 am NewbieHH O : /cl
09:01 am NewbieHH O : -.- miss the opening..lol
09:01 am Sandra Q : $CBIO chart bot hit it right before market close yesterday shiiit missed that
09:04 am Sandra Q : Curt lol tweet it to rub it in
09:07 am Nate A : Valentines
09:10 am NewbieHH O : $AMAG
09:10 am Nate A : Got the premarket for anyone that doesn’t have it…
09:10 am Nate A : Protected: PreMarket Trading Plan Tues Feb 14 $UGAZ, $MRNS, $AEZS, $ZIAS, $CBIOLINK: https://compoundtrading.com/premarket-trading-plan-tues-feb-14-ugaz-mrns-aezs-zias-cbio/PASSWORD: PREMARKET021417
09:10 am Nate A : not much there this morning – mellow report
09:10 am Nate A : whats going on with $AMAG?
09:11 am NewbieHH O : license agreement
09:11 am NewbieHH O : but shy on revenues
09:12 am Nate A : thx
09:12 am NewbieHH O : watching for bounce maybe
09:12 am NewbieHH O : 22.5 is daily candle low
09:14 am Nate A : bye $UNXL
09:15 am NewbieHH O : /ng
09:17 am Mathew Waterfall : $AUPH set for a gap up. $NAK getting killed on a short sell report. Metals and miners up, everythign else looking pretty flat
09:19 am Nate A : bad luck on $NAK thought setup perfect
09:21 am Mathew Waterfall : One short sell report does not kill a stock. We’ll see what happens
09:23 am NewbieHH O : $RLOG
09:23 am NewbieHH O : again..all these shippers
09:23 am NewbieHH O : meh
09:24 am Mathew Waterfall : Will be looking to exit some of my $JNUG calls I picked up yesterday off of the open. Would like to get out of half today as they expire Friday
09:26 am NewbieHH O : $ko
09:28 am Mathew Waterfall : Natty did this same move in the fall. Looked like it might stabalize in the 2.90’s and did one final flush into 2.7ish. Smoked a ton of people they rocketed up from there
09:30 am NewbieHH O : nvda
09:30 am Nate A : Long $SINO
09:31 am Nate A : stopped hard
09:31 am Maven’sBrother M : Long $UGAZ
09:35 am Sandra Q : Long $ZAIS
09:36 am Sandra Q : Close $TSLA calls
09:37 am Maven’sBrother M : Im a in $ZAIS w Sandy
09:38 am OILK K : IN $UGAZ too hre
09:39 am NewbieHH O : acia
09:40 am OILK K : L $TWTR
09:40 am Flash G : $NVDA in a few mins ago lol
09:47 am Cara R : i hit vwap holding
09:50 am Nate A : LOng $ZAIS on your alert 4.02
09:51 am Nate A : $INCY vertical rocket show
09:53 am Mathew Waterfall : Stopped out of $NAK btw the way. Didn’t want to hold through that garbage. Will keep an eye on it to see how ithandles iteself today
09:53 am Nate A : $BLPH positive mojo
09:54 am Nicholas Winton : $UEC great chart btw
09:55 am Maven’sBrother M : selling zais
09:56 am Maven’sBrother M : $PHMD poppin
09:58 am Maven’sBrother M : Looked at $NVDA but… ugh
10:01 am Mathew Waterfall : I like $UES Nich, has some resistance coming up but up and over 1.8-1.82 and it should get some lift
10:03 am NewbieHH O : done for today. c u guys tomorrow
10:03 am Mathew Waterfall : Yellen coming out talking rate hikes. Gold flushed and bouncing back
10:08 am Curtis M : watching pull backs now – didn’t get one – congrats lotsa winning this morning!
10:13 am Nate A : Mat – whats your guess on gold?
10:16 am Sandra Q : Definately had that delay again on Mats mike
10:16 am Eric L : thats what that was
10:17 am Mathew Waterfall : Did all of that come through just late?
10:17 am Curtis M : pretty hard to avod someimes internet
10:17 am Sandra Q : it came thru
10:17 am Sandra Q : just funky with the delay
10:17 am Mathew Waterfall : OK great. Didn’t want to retype it all lol
10:18 am Eric L : ya it worked – lol – warrior has same platform and it does it in there sometimes too
10:18 am Curtis M : yup
10:19 am OILQ K : long $NUGT starter sizing
10:19 am Mathew Waterfall : I was just looking at $JNUG. Might play as well in tis range here
10:21 am Sandra Q : Closed $BLPH profit thanks guys on you1
10:27 am Sandra Q : $COYN +30% and holding
10:28 am Maven’sBrother M : $LULU active
10:37 am Sandra Q : $COYN past HOD runner
10:39 am Mathew Waterfall : TICKs trending to the downside here and breadth negative and going more so. Could see some fun if we can get a nice flsuh on /es
10:40 am Nate A : $BASI 53%
10:47 am Nate A : $APOP halt
10:48 am Carol B : wow
10:49 am Sandra Q : news?
10:54 am Mathew Waterfall : quick break back in a bit
11:11 am Sandra Q : dollar double top?
11:26 am Mathew Waterfall : Back. Nothing too crazy happening other than some big $JNUG sweepers hitting the tape. I’m looking for the dollar to be building out the right shoulder here of the H&S pattern that I’ve been tlaking about for the last month and a half or so. $DXY >102 invalidates that
11:36 am Mathew Waterfall : In a bit more $ASM right here. I will trade in and out a portion of this on pops and drops.
11:43 am Mathew Waterfall : Shaping up to be a quiet day for me like I assume it is for the rest of you guys. Looking at some nat gas plays as spurred on by Curts chart review this morning. Probably producers rather that /NG itself or something.Will report back if I open anything
11:54 am Nate A : real quiet
11:54 am Maven’sBrother M : scalping $ZAIS lol
11:57 am Nate A : probs nat gas bottom
11:57 am Eric L : not sure about that yet nate
11:59 am Mathew Waterfall : Calling a bottom in natty will make you lose your mind as far as I’m concerned. It very well may be, but that thing trades all over
12:01 pm Mathew Waterfall : Thinking about cutting this $UAA trade. Up about a buck a share but it’s just chopping around and I have no patience for that. Stop still right under todays LOD as mentioned yesterday as LOD is abot the same. If it can’t get into the gap in a hurry Im out and on to other things
12:10 pm Curtis M : sorry was on a call
12:10 pm Nate A : we’re good l
12:11 pm Curtis M : theres what i was worried about with nat gas
12:11 pm Maven’sBrother M : whats your target curt?
12:12 pm Curtis M : 2.70 sh
12:13 pm Eric L : $BLPH 49% great call
12:29 pm Nate A : $ZAIS that 50 ma on that 1 nice
12:29 pm Nate A : 150% prob
12:50 pm Maven’sBrother M : suuuppper boring out there
12:51 pm Curtis M : yellen
12:51 pm Curtis M : messes with markets
12:54 pm Mathew Waterfall : I hate granny Yellen with a passion
12:55 pm Sandra Q : $TVIX -7% would have guessed the opposite
12:56 pm Sandra Q : but no vol
01:00 pm Mathew Waterfall : We have run out of sellers lol. F it, I’m calling this a toppy market. The fundementals are garbage IMO right here. Don’t trade off of this, but I’m likely starting short before too long. This no volitility is driving me crazy
01:17 pm Sandra Q : $NAK halt
01:28 pm Mathew Waterfall : Slow day on the options flow outside of a few names. Just checked the metals/miners and still most of the flow coming in bullish
01:30 pm Mathew Waterfall : $SWN making some progress on natty strength as is $CHK. That’s where I’ll be looking most likely
01:48 pm John M : i get the idea curt aint sold on metal run or dxy dropping
01:48 pm Curtis M : agnostic
01:49 pm Mathew Waterfall : I’m not sold on it either until it breaks this range
01:49 pm Sandra Q : 🙂
01:49 pm Mathew Waterfall : At this point espeically on this dump today it offered another opp to play the bottom of said range for a move higher
01:49 pm Mathew Waterfall : We’ll see if the metals can get up and over the resistance
01:51 pm Mathew Waterfall : From the twit stream for you natty players: #natgas…..individual 2017 contracts have another $.05-$.12 cents lower to go to fill the Nov. gap. Would be ‘nice and tidy’ if they did..
01:52 pm Sandra Q : nice
01:52 pm Curtis M : 12 c gives it 2.76 sh close to my 2.70 ish
01:53 pm Curtis M : Mine soft target tho – we don’t have the math locked at all
01:53 pm Mathew Waterfall : Which is close ish to that “double bottom” in the 2.50’s. Lots of levels down there
01:54 pm Mathew Waterfall : With something like natty that weather plays such a large role in, I would be surprised if the math was as accurate as oil or gold etc
01:54 pm Curtis M : can’t find math that works
01:55 pm Curtis M : natty looked so god this morning lol
01:56 pm Mathew Waterfall : It’s a widowmaker trade for sure. I’ve called in the ultimate pain trade before and I don’t think that’s wrong. Why I would rather trade the companies tied to its production
01:57 pm Curtis M : ya
02:06 pm Curtis M : $NAK off halt
02:06 pm cynthia y : 48 MM traded $NAK
02:07 pm Mathew Waterfall : $NAK not looking so hot here. Their PR was basically useless from what I was as well
02:07 pm John M : yup
02:07 pm John M : give us till fri
02:10 pm Mathew Waterfall : lol. It was more like “Hey, we just wanted an excuse to halt to stop the bleeding but yea, we got nothin here”
02:11 pm John M : lol
02:16 pm Curtis M : long some $GALT bored
02:19 pm Mathew Waterfall : Gold vertical. Close eyes and mash the button. This market just feels like people chasing non stop. Crazy
02:20 pm Nate A : Curts email alert not much confidence in that trade lol “bored”
02:20 pm Nate A : Long $GALT daytrade tight small high risk 1.77
02:20 pm Nate A : 🙂
02:20 pm Curtis M : 🙂
02:21 pm Curtis M : I hit it again lol
02:22 pm Curtis M : $NAK got a bounce!
02:23 pm Eric L : $NAK covering
02:27 pm Curtis M : rased my stop o $GALT to 2 cent loss cause it didnt do what i hoped (out flat)
02:27 pm Curtis M : yes hope
02:38 pm Mathew Waterfall : Trailing stop on some of the $JNUG day trade entered earlier. Up about 35 cents a share. Nothing razy entry wasn’t great on it
02:45 pm Nate A : a win a win
02:45 pm Maven’sBrother M : yeh
02:45 pm Mathew Waterfall : True that, not hating taking profits on a slow day like today
02:45 pm Curtis M : $C halt
02:45 pm Curtis M : $CI
03:06 pm Flash G : $IMUC on the move EOD
03:30 pm Mathew Waterfall : Just heard the craziest rumor. Huge prop fund shorting 5k /ES mini’s for every tick higher. That’s crazy
03:30 pm Mathew Waterfall : Doesn’t make sense to me
03:30 pm Nate A : stupid
03:30 pm Maven’sBrother M : sfffff
03:30 pm NewbieHH O : hi
03:30 pm Maven’sBrother M : hey newbie
03:31 pm NewbieHH O : Hi..I’m back..from a nap..lol
03:31 pm Mathew Waterfall : If you guys don’t understand why that’s crazyI can break it down but man that blows my mind
03:32 pm Mathew Waterfall : The backstop from any negative action. That’s what I’m after and totally makes sense
03:33 pm Nate A : hope nap was great
03:33 pm NewbieHH O : haha..it was ok
03:34 pm NewbieHH O : $LPTH
03:35 pm Eric L : tough day
03:35 pm Eric L : money made in here but tougher than most days
03:35 pm NewbieHH O : yeah
03:36 pm NewbieHH O : $artx
03:36 pm NewbieHH O : $4.3 is weekly candle high
03:38 pm Carol B : $IMUC sold it all – I smalal offering territory not holding
03:39 pm NewbieHH O : nice
03:39 pm Carol B : smell
03:39 pm Curtis M : $HE Halt
03:41 pm cynthia y : ee u guys tomorrow!
03:42 pm NewbieHH O : bye
03:42 pm NewbieHH O : long he 33
03:43 pm NewbieHH O : stop 32.9
03:43 pm NewbieHH O : tape slow..:(
03:44 pm NewbieHH O : stop mived 32.95
03:44 pm NewbieHH O : lpth over $2
03:45 pm NewbieHH O : $MRAM @8.5
03:45 pm NewbieHH O : OUT HE
03:45 pm Greg L : My $CLVS swing popped – one bit of action
03:46 pm Greg L : $LPTH earnings PR positive
03:46 pm NewbieHH O : $fncx pop
03:46 pm NewbieHH O : thx greg
03:47 pm John M : outta here!!! nite tight tomorrow sell off ha never know peace
03:47 pm NewbieHH O : $FNCX pop over weekly high 2.62
03:49 pm Jack D : YUGE $AAPL block flow
03:50 pm MarketMaven M : Rolling out 1/4 $DIS – nice swing so far …. weeks in though now
03:50 pm Mathew Waterfall : Hope you guys did well today with some slow flow for the most part. Im out of here before too long
03:50 pm NewbieHH O : take care
03:50 pm NewbieHH O : Im out too
03:51 pm NewbieHH O : c u guys
03:51 pm MarketMaven M : bye Mat attack
03:51 pm MarketMaven M : bye newbs
03:51 pm NewbieHH O : bye
03:52 pm Sandra Q : i slept on my keyboard 🙂 gotta go now I think
03:52 pm Sandra Q : nite
03:55 pm Curtis M : natty interesting action hopefully I dont miss a bottom
03:55 pm Curtis M : bu i wont hold it yet
03:55 pm Curtis M : cya mat cya newbe
03:56 pm Nate A : later yall
03:57 pm Eric L : ya thats it – over and out
03:58 pm Maven’sBrother M : I’m going to trade after close so I’ll stay till room kicks me out:)
03:58 pm Maven’sBrother M : $GALT rockin it
04:00 pm Curtis M : Have a great night! Big movers today: $ZAIS, $GALT, $PHMD, $RELV, $CYNO, $LPTH

Be safe out there!

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Monday Feb 13, 2017; $MYSZ, $SINO, $TOPS, $ONTX, $UWT – $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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

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

Notices:

NA

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

Monday was more active than Friday. I took a long in oil related $UWT and will add on dips while it is in its recent weeks trading range. Also took a long on $ONTX – they are presenting twice in February. Scalped trades on momentum stocks $MYSZ, $SINO for wins and $TOPS for small loss.

Trading, Results, Chat, Room, Stocks

$MYSF Momentum Trade Monday, Trading Results, Stocks, ChatRoom

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

Ticker Last Change Volume Signal
SINO 4.70 72.79% 18832081 Top Gainers
ZSAN 1.70 41.67% 46584367 Top Gainers
RELV 5.80 31.22% 166200 Top Gainers
PLX 1.31 29.70% 20140200 Top Gainers
PLSE 11.84 26.63% 423200 Top Gainers
ELMD 4.95 21.92% 445795 Top Gainers
CBIO 9.50 1744.66% 425217 New High
PLX 1.31 29.70% 20140200 New High
PLSE 11.84 26.63% 423200 New High
BBGI 10.65 7.58% 51000 New High
PLX 1.31 29.70% 20140200 Overbought
PLSE 11.84 26.63% 423200 Overbought
ZSAN 1.70 41.67% 46584367 Unusual Volume
CARZ 36.28 1.48% 296524 Unusual Volume
TORM 6.35 4.10% 60600 Unusual Volume
DXKW 22.71 0.53% 105632 Unusual Volume
AGYS 9.42 7.29% 152500 Upgrades
AETI 1.85 -3.14% 16300 Earnings Before
GSB 3.88 -0.51% 20345 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $UWT, $ONTX, $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM

Looking Forward:

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

US Dollar $DXY $USDJPY $UUP:

Since US Dollar entered this support range / divergence on downtrend it hasn’t done much and still potentially threatens.

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

Friday was the Trump and Abe meeting day and the dollar is still sitting at support at end of day but charting is divergent so the jury is out.

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

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

In overnight trade Gold is challenging its intra downtrending channel top  – but that may just ave something to do with Yellen Tuesday.

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

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

So on Friday Gold jumped around like the $DXY US Dollar and $USDJPY. My guess is Sunday night trade or Monday trade will tell us a lot in the Dollar.

Silver $SLV:

Here, as with Gold, I suspect Yellen Tuesday will determine which trend continues.

Per Recent;

Silver is trading much like Gold in that it is near resistance and seems to be awaiting decisions or market reaction to Trump / Abe weekend and $USDJPY.

Crude Oil $USOIL $WTI:

Oil trade is up a bit overnight, I am in oil related $UWT and will add on dips inside multi-week sideways trade or if it hits upside resistance I will close position.

Per recent; Crude oil is trading very aggressive but completed the day right under the resistance Epic the Oil Algo has identified as key for many weeks. I suspect traders are awaiting OPEC meeting news and Trump and Abe weekend news bits before committing. 

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

Per recent, “There are OPEC meetings this weekend so that is in the mix also.”

Volatility $VIX:

Per recent; $VIX is still near dead – records are being set and/or are near being set daily.

$SPY S&P 500:

The next upside target in trade was hit Monday and our algo alerted members to ratchet stops – we expect a short-term pullback.

Per recent; So $SPY did break out Thursday – our algo did predict this before the election so that wasn’t a big surprise but the interesting thing to myself and some of the traders in our membership was that price action hit the symmetry extension to the high side our algo Freedom the $SPY Algo had charted perfectly. Trade also continued Friday predictably in our modeling. So our fifth of six algos is starting to hit consistently also.

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

Natural Gas:

It seems to be near a low IMO.

Momentum Trades:

Momentum trades on Friday I found to be with-out follow through volume (as did other traders in the room and many others I communicate with in the community).

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

Swing Trading:

There have been a string of trading wins in 2017 on the Swing Trading side;

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

Earnings:

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

Announcements in Compound Trading Chat Room:

The weekend webinar series went very well! You will find the links to the videos of each 20 minute webinar on our Twitter feed! Such as with this;

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

09:26 am Flash G : Long $AEZS
09:29 am OILK K : Like $CNXR here
09:29 am Mathew Waterfall : Natty here is tempting bu man that stuff trades crazy
09:30 am OILK K : ha
09:32 am Flash G : Long $ZSAN starter
09:36 am Mathew Waterfall : Scalped $ZSAN out too early. $TGB putting in another beast open with copper flying
09:36 am Flash G : $RXII
09:38 am MarketMaven M : $RNN too on the move
09:39 am OILK K : Nice $TSLA
09:39 am Mathew Waterfall : My $TVIX swing from Friday is down a couple cents. Mondays are usually weak so I’m letting it work, stop is at 4.5. It’s a small position so if I get stopped it won’t be a big deal
09:42 am OILQ K : $CLF baby
09:43 am OILQ K : My $EBAY flying from last week sell soon
09:43 am Mathew Waterfall : Im still sitting in those $CLF weekly lotto’s. 12 calls. Hope for some more mojo to make up for Fridays dump
09:44 am MarketMaven M : $CRDS on the move
09:45 am MarketMaven M : My $XLF strong great hold IMO
09:47 am Mathew Waterfall : $JNUG weekly 13c’s at .25. Just a few. This metals weakness isn’t confidence inspiring but they’re cheap and will explode on strength
09:49 am Mathew Waterfall : I also bumped my stop on the $UAA play to right under Fridays LOD. This position is in the green for me but the action isn’t great. It needs to break into the gap ASAP or risk just chopping around down there for who knows how long
09:49 am MarketMaven M : ss $X
09:53 am Mathew Waterfall : The set up http://2.bp.blogspot.com/-1gDI2vcBCEI/Tg3FQaXoLUI/AAAAAAAABz0/KYxeKL7x6Wg/s1600/2011-07-01.png
09:53 am Sledge H : $MDGS on watch now
09:54 am Mathew Waterfall : $TSLA beast mode. Guess I won’t be getting in those calls today lol
09:54 am Flash G : $VALE decent
09:56 am OILQ K : $MPEL jiggy
09:56 am Mathew Waterfall : Oil/gas seeing some action but oil still chopping. I’, on the sidelines until that clears up. In the past these moves only last a couple days without oil getting going as support
09:59 am Curtis M : $GILD Ichan chatter
10:01 am OILK K : Long $GILD small start on this
10:01 am Mathew Waterfall : VIX way up and $TVIX not budging. No one wants to buy insurance
10:09 am OILK K : $GILD nice one
10:12 am MarketMaven M : $GILD forming great break out base
10:13 am MarketMaven M : and its gone
10:16 am MarketMaven M : Curt $CBMX up another 5% this morning
10:17 am Curtis M : y adecent swing 🙂
10:25 am MarketMaven M : Hold on $GILD for now but has come of a tad
10:25 am MarketMaven M : I have a small entry
10:31 am cynthia y : $SINO funny yippy trying a long
10:37 am Mathew Waterfall : On the mic
10:41 am OILK K : $GLBS and $TOPS interesting action momo
10:42 am MarketMaven M : Thanks Mega Matta
10:43 am MarketMaven M : Shippers
10:43 am Mathew Waterfall : You got it
10:48 am Curtis M : Long $TOPS 2.24 starter size only
10:57 am Curtis M : Starting a positon in $UWT to swing add on dips for retest of resistanceon 54 $USOIL area
10:59 am OILK K : I’ll follow that $UWT play – get leggy if needed
10:59 am Curtis M : might have to
11:00 am Mathew Waterfall : back in a few
11:01 am Curtis M : LOmg $SINO small
11:09 am Curtis M : $SINO action surprised shorts is my thesis
11:09 am Curtis M : so we’ll see
11:09 am OILQ K : Well i thought you were niits:)
11:10 am Curtis M : small plays:)
11:19 am OILQ K : $X party
11:20 am Seth I : I am starting to sell after huge gains $X nice swing
11:20 am Curtis M : Nice play Seth
11:26 am Curtis M : Sold $SINO 4.92
11:28 am MarketMaven M : goin for lunch
11:29 am Curtis M : Holding $TOPS until this afternoon – tiny play will xit before end of day
11:30 am OILK K : lunch sounds great things slow
11:30 am Seth I : agree
11:30 am Burke J : STUDY lunch for me
11:33 am Curtis M : screen will black for a sec
11:35 am MarketMaven M : $GILD nice day
11:36 am OILQ K : enjoy
11:36 am Flash G : $HILD y agood plays there
11:36 am Flash G : $GILD
11:37 am MarketMaven M : ya curt enjoy lunch
11:38 am Curtis M : Thanks lol I’ll be around for ten or so delaing wth calls
11:47 am Curtis M : outta here catcha in 30
11:58 am MarketMaven M : $QBAK jumpy one
12:00 pm Mathew Waterfall : $ACUR breakout looks like it might have legs
12:00 pm MarketMaven M : Was watching that
12:02 pm Mathew Waterfall : looking for a 9 day touch on the 5′ for entry. Doesn’t look like it’ll make it all the way down to VWAp at this point
12:03 pm MarketMaven M : 10 4
12:08 pm Curtis M : back didn’t miss much:)
12:08 pm MarketMaven M : nope
12:11 pm Mathew Waterfall : Trying $acur off of that 9 day touch. Stop right under VWAP
12:12 pm MarketMaven M : GL im looking at $AMDA too
12:12 pm MarketMaven M : Can’t believe $SINO held up
12:14 pm Mathew Waterfall : I thought $SINO was a flush sooner or later. I’m still sitting in $AMDA hoping one of these days it’ll pop. Has been in he same couple cent range for a while
12:15 pm Flash G : $TWLO on my radar with current action
12:15 pm Mathew Waterfall : $TWLo saw some nice calls being bought right off of the open. Thing likes to whipsaw though so keep that in mind
12:16 pm Flash G : yeh $SINO!
12:18 pm Jack D : You were right abouth shorts on wrong side :):)
12:18 pm Mathew Waterfall : $AUPH on breakout watch as well over .50
12:19 pm Flash G : $AUPH has that look
12:20 pm Mathew Waterfall : Feels like it wants to rip.
12:24 pm Curtis M : Daytraders are frotrunning TOD on $TWLO $SINO I think and $AUPH interesting
12:25 pm Curtis M : in $SINO small and tight
12:26 pm Mathew Waterfall : $AUPH now seeing expanding valume. Im in it right at that break out of 3.5
12:26 pm Curtis M : Didnt get executed like I thouhgt
12:26 pm Mathew Waterfall : Looking at $DCIX for tomorrow if $SINO can hold on
12:27 pm Curtis M : In $SINO now
12:28 pm Mathew Waterfall : Out of $ACUR unless it heads north in a hurry
12:28 pm Curtis M : Flat like 26 sec late lol fark
12:28 pm Curtis M : fills are slow on lunch with TD
12:29 pm Curtis M : for some stocks for some reason
12:29 pm Jack D : Same prob
12:30 pm Jack D : $TWLO something going on
12:33 pm Fabian N : Tester in $OPS the shippers might run this afternoon low float
12:36 pm Flash G : Chewing at $AUPH now for break of 3.58 area should go
12:43 pm Flash G : $TWLO nice action
12:56 pm Curtis M : Long $ONTX
12:58 pm Curtis M : Add $TOPS
01:01 pm Jack D : $TWTR almost decent here
01:02 pm MarketMaven M : almost looool not yet
01:10 pm OILQ K : $RNN nhod some of these micros are crazy
01:11 pm MarketMaven M : ya wtf
01:13 pm Flash G : $AUPH getting ready
01:17 pm Blyne G : Curt I just looked at that $ONTX news on your Twitter I get it – gonna try a bit
01:17 pm Curtis M : 🙂
01:18 pm Mathew Waterfall : $NAK big call buy just went across. I got back in a bit earlier as mentioned on the mic and like the movement
01:19 pm MarketMaven M : $NAK could be great again
01:19 pm MarketMaven M : I have it on my short short list of 30
01:20 pm Mathew Waterfall : I liked it Friday, and wanted to watch to see if it would hold its breakout level of 3.10. Hasn’t made it that far south so I rebought. Would add if it keeps going towards that 3.1 area
01:28 pm Mathew Waterfall : Feels like we might see some downside here right after I got stopped out of my $TVIX position lol
01:29 pm Curtis M : very possible
01:29 pm Mathew Waterfall : hah right as you sent that email lol
01:30 pm Curtis M : ya
01:31 pm MarketMaven M : what email?
01:31 pm Curtis M : $SPY subs email to ratchet
01:31 pm MarketMaven M : duh
01:32 pm Curtis M : sassy
01:37 pm Nicholas Winton : good day all
01:38 pm Nicholas Winton : watching $URRE
01:38 pm Curtis M : watch $SINO
01:39 pm Phun K : ya see that
01:40 pm Nicholas Winton : Nice Curtis, $DRYS too
01:41 pm Mathew Waterfall : The buyers here are crazy in $SPX/$SPY. Relentless
01:41 pm Phun K : action very curious
01:42 pm Nicholas Winton : Mathew, see $IWC to take temperature on speculation
01:43 pm Nicholas Winton : that index tracks microcaps across many sectors and is just heating up
01:43 pm Seth I : I think you guys are on right track with $AUPH $SINO $AMDA and $ONTX all of them
01:44 pm Nicholas Winton : small MJ stock setting up nicely $MJTK
01:44 pm Mathew Waterfall : I don’t know how much I value the micro caps as a leading indicator nich. Have you found they are consistently on the money?
01:45 pm Nicholas Winton : that IWC chart is damn bullish
01:45 pm Nicholas Winton : and you put it together with the action you are seeing in copper, very bullish for mkt as a whole
01:47 pm Nicholas Winton : anyway let’s see how things play out
01:47 pm Mathew Waterfall : Agreed. I also don’t use copper as an overall market indicator anymore so maybe that’s my trepidation there
01:48 pm Mathew Waterfall : Always interesting to hear how others look at the market overall, I love this type of conversation
01:48 pm MarketMaven M : $AUPH could go off here
01:48 pm Flash G : YES looking good
01:50 pm Fabian N : $AUPH very bullish intra – good time of day – about break resistance – good play there guys
01:53 pm John M : Whats your cost average on $ONTX Curt?
01:53 pm Curtis M : 2.87
01:53 pm Curtis M : only entry today
01:56 pm Nicholas Winton : yes Mat, copper stopped being a good tell a while back- but i find it is a good barometer of mkt strength once again
01:56 pm Nicholas Winton : when it rolls over then this mkt rally will be over- not until then- imho
01:57 pm Nicholas Winton : i think we are still going to see pwerful niche rallies in biotech, mj stocks, lithium, shippers, miners
01:57 pm Nicholas Winton : just a matter of when imo
01:58 pm Mathew Waterfall : Question is does that happen in overall market strength or weakness? Some of those plays could easily be in a bear market
01:58 pm Nicholas Winton : i think we’re seeing speculation returning to the market as SPY advances
01:59 pm Nicholas Winton : last Jan, penny stock volumes were at 16 year lows
01:59 pm Mathew Waterfall : $SPY is seeing a lot of retail buying yes. FOMO comes right before the fall though
02:00 pm Mathew Waterfall : Just trying to think of both sides here. Besides my VIX plays I’m not playing anything index wise
02:00 pm Nicholas Winton : of course- keeping my eyes open too 🙂
02:06 pm Victor G : man $AUPH looks angy
02:07 pm Mathew Waterfall : $AUPH needs a HOD break and it’s off to the races
02:07 pm Victor G : any sec maybe
02:12 pm Nicholas Winton : nice
02:12 pm Flash G : $DRYS not looking great intra day anyway
02:12 pm Nicholas Winton : maybe turnaround tuesday
02:17 pm Curtis M : $AUPH looks to be leaving station soon
02:17 pm Mathew Waterfall : Be a nice guy and hit it with a 100k order for us 🙂
02:17 pm Curtis M : 3M shares turn today lol
02:18 pm Curtis M : its going
02:19 pm Mathew Waterfall : If it can’t go in the next 10-15 no dice. Everything seems to be turning up
02:23 pm Curtis M : buys in $DRYS
02:26 pm Curtis M : $MYSZ halt 268% today
02:26 pm Mathew Waterfall : Here we go
02:29 pm Flash G : $AUPH looks great
02:34 pm Curtis M : $MYSZ in deep cant alert
02:35 pm Curtis M : scalping
02:36 pm Mathew Waterfall : Out $AUPH. Stopped. Don’t like it couldn’t break out will look to readd
02:37 pm Mathew Waterfall : Couldn’t hold the break out I mean. Had a trailing stop that got nicked on that break down
02:40 pm Curtis M : lol that was fun I hit it las ttme stock rsi hit bottom around 14.30 ish survived
02:41 pm MarketMaven M : crazzzy
02:41 pm Curtis M : $AUPH kinda off action on the break there
02:42 pm Mathew Waterfall : I expected some follow through which is what made me put the stop on. It will probably go higher without me as usual
02:42 pm Curtis M : odd acton
02:47 pm Slate S : $TWTR long
02:52 pm Curtis M : Gonna get out of $TOPS for tiny loss sometime soon here
02:52 pm Curtis M : Holding $UWT overnight and will add on dps as long as support in range holds
02:54 pm OILQ K : Still hold $AUPH for another break HOD cross fingers
02:56 pm Mathew Waterfall : It held the 9 day nicely on the 5′. It doesn’t look horrible to me eye so over HOD I may jump back in
02:56 pm Curtis M : $AUPH looking like it will go again yes
02:57 pm Curtis M : off she goes
03:00 pm Nicholas Winton : $MJTK boom
03:02 pm MarketMaven M : $GALT on watch – presentation time
03:03 pm Mathew Waterfall : I love a nice bottom call Nich, I’m going to look into that one a bit AH
03:10 pm Nicholas Winton : it has a nice curl
03:13 pm Mathew Waterfall : I like their business model, but holy low float this thing is mega micro 2.7m shares at .0095
03:20 pm Blyne G : $PLKI spike
03:24 pm Sledge H : $MYSZ tough to trade I would thnk
03:25 pm Nicholas Winton : yeah Mat- it could be an interesting ride
03:26 pm Mathew Waterfall : I’ll continue to dig in a bit and report back in my mid morning report tomorrow. Combing through some 10q’s right now
03:32 pm Nicholas Winton : thanks, i would be interested in what you find Mat
03:33 pm Nicholas Winton : i’ve just been watching it as a momo
03:35 pm Mathew Waterfall : I want to see if I can size into this thing for a longer term play, answer currently is maybe. They are doing some OK stuff, some not so great
03:43 pm Slate S : $ROKA HOD
03:49 pm MarketMaven M : Nichs $URRE strong close fyi
03:54 pm Flash G : see ya tomrw
03:54 pm Mathew Waterfall : See ya in the AM. Im out of here shortly as well
03:55 pm Nicholas Winton : ciao Mat and everyone
03:56 pm Nicholas Winton : tomorrow a couple to watch $UEC and $LTBR
03:56 pm Curtis M : cya nich
04:00 pm Curtis M : Hav a great night all!

Be safe out there!

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


Review of Compound Trading Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Friday Feb 10, 2017; $JDST, $DUST, $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY etc 

Intro:

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

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

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

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

Notices:

Free Public Webinar Schedule: Set over to Sunday Feb 12, 2017 Same Times!

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

Date: Sunday Feb 12, 2017

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

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

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

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

5:00 Trading Room – Introduction to our Trading Room

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

New article on our blog:

Per previous;

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

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

It was a quieter day for the room – Trump was meeting with Abe so there was some pensiveness in the market. My $JDST swing came off (in after market Thursday it was looking decent) – I ended up a tad up / basically flat.

All in all its been really positive for our algo charting newsletter subscribers and trading room – checking in with our members regularly reminds me of their success on our platform so that’s awesome.

Swing trading members have enjoyed consistent success wince the start of the year and this week just got better. Hopefully our swing trading calls continue like that!

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

Ticker Last Change Volume Signal
SWIR 24.45 31.10% 3880370 Top Gainers
INFN 11.96 27.23% 16639335 Top Gainers
SHLD 6.96 25.63% 12051172 Top Gainers
PLSE 9.35 23.84% 438447 Top Gainers
IMMU 5.23 21.63% 54321506 Top Gainers
QUOT 13.20 21.10% 2175952 Top Gainers
XTLB 2.94 382.30% 31202 New High
SOL 3.10 404.15% 164821 New High
PLSE 9.35 23.84% 438447 New High
SWIR 24.45 31.10% 3880370 New High
SOL 3.10 404.15% 164821 Overbought
QUNR 32.53 4.73% 369172 Overbought
BSTG 0.30 -40.68% 11314410 Unusual Volume
HFXJ 19.09 0.69% 25742 Unusual Volume
BLFS 2.07 12.39% 888608 Unusual Volume
IMMU 5.23 21.63% 54321506 Unusual Volume
MT 8.76 6.31% 32834251 Upgrades
AON 115.59 0.36% 1213365 Earnings Before
MODN 10.10 1.00% 114765 Insider Buying

Stocks, ETN’s, ETF’s I am Holding:

I am holding (in order of sizing – all moderately small to small sizing) $DUST, $VRX, $CBMX, $JUNO, $TRCH, $LGCY, $SSH, $ASM

Looking Forward:

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

US Dollar $DXY $USDJPY $UUP:

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

Friday was the Trump and Abe meeting day and the dollar is still sitting at support at end of day but charting is divergent so the jury is out.

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

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

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

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

So on Friday Gold jumped around like the $DXY US Dollar and $USDJPY. My guess is Sunday night trade or Monday trade will tell us a lot in the Dollar.

Silver $SLV:

Silver is trading much Gold in that it is near resistance and seems to be awaiting decisions or market reaction to Trump / Abe weekend and $USDJPY.

Crude Oil $USOIL $WTI:

Crude oil is trading very aggressive but completed the day right under the resistance Epic the Oil Algo has identified as key for many weeks. I suspect traders are awaiting OPEC meeting news and Trump and Abe weekend news bits before committing. 

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

Per recent, “There are OPEC meetings this weekend so that is in the mix also.”

Volatility $VIX:

$VIX is still near dead – records are being set and/or are near being set daily.

$SPY S&P 500:

So $SPY did break out Thursday – our algo did predict this before the election so that wasn’t a big surprise but the interesting thing to myself and some of the traders in our membership was that price action hit the symmetry extension to the high side our algo Freedom the $SPY Algo had charted perfectly. Trade also continued Friday predictably in our modeling. So our fifth of six algos is starting to hit consistently also.

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

Momentum Trades:

Momentum trades on Friday I found to be with-out follow through volume (as did other traders in the room and many others I communicate with in the community).

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

Swing Trading:

The swing trading side just continues to do exceptionally well off the calls. Here’s one example of the many in the current pipeline:

$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017

Swing, Trading, Results, Newsletter

$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017

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

Weekend Webinars (Member and General Public):

Webinars are a chance to review (for existing members and the general public interested in how our services and charting works) all of our algorithmic stock chart modeling, swing trading and what we do in our trading room. It will be as good for me as it will be for attendees because it will be a refresh of all the charting and a good way to get ready for next week’s trading. Follow our Compound Trading Twitter feed for schedule / updates (each are 30 minutes starting at 2:00 PM Sunday and cover our six algorithms, trading room, and swing trading). Visit the Compound Trading website and click on the trading room link on the home page for admittance.

Earnings:

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

Announcements in Compound Trading Chat Room:

09:26 am Curtis M : Watch $BIOC $SHLD $GENE $BLPH $AMDA morning momo watch

Compound Trading Stock Chat-room Transcript:

Miscellaneous chatter may be removed.

08:17 am Flash G : Morning !
08:19 am Sandy S : mornin flash
08:30 am MarketMaven M : hey i c curt didnt dump $JDST
08:31 am MarketMaven M : gonna give me lip about that 🙂 zeeeez
08:31 am GReg L : haha
08:34 am MarketMaven M : decent scalps in pre here
08:35 am MarketMaven M : $SNOA for ex worked
09:08 am OILK K : USD gonna go nuts soon I think up up up
09:08 am MarketMaven M : meh
09:17 am MarketMaven M : OILK ? no mojo left in it or it will wait for ABE!
09:23 am OILK K : there it is mm
09:23 am MarketMaven M : there it went
09:25 am Mathew Waterfall : gold, usd, and usd/jpy all coming into important levels here. I may actually give $JNUG a try as we are very close to support and would be a quick out if it keeps falling. On;y thing on my radar so far today
09:26 am Curtis M : Watch $BIOC $SHLD $GENE $BLPH $AMDA morning momo watch
09:30 am Mathew Waterfall : $UAA add. into the gap here, assuming it can remain I will add that is wil watch for a second
09:31 am OILQ K : Long $SHLD
09:31 am OILQ K : whtf
09:32 am MarketMaven M : l $BIOC hammeerrr
09:35 am Mathew Waterfall : $UAA couldn’t hold in the gap. 22.16 level Im watching for solidly over and add. I think it’ll get there sooner or later
09:35 am MAck M : $BLPH
09:39 am Mathew Waterfall : Out my $RGSE flat BTW. not worth the management currenly
09:39 am Curtis M : $KBSF 100%
09:43 am GReg L : $DXY curling back up
09:47 am MarketMaven M : Add $XOM
09:48 am Mathew Waterfall : $JNUG first trim from day trade entered earlier. Will take the quic and easy profits here. Still in half
09:50 am MAck M : Long $GENE for a day swipe
09:51 am Mathew Waterfall : $TRQ monster today. Will likely trim some there as well. Lightening up a bit as I usually do. Still in $TRQ 3/4ths
09:53 am Cara R : $IMMU $MDGS on watch here
09:54 am Mathew Waterfall : Did pick up a bi tmore $ASM here thoughl Like I’ve said I like Silver long term, may sit on most of that position for a long while
09:55 am Davd Z : $GENE good spike good call
10:01 am Mathew Waterfall : Trailer put on the rest of my $JNUG. Dont need to overplay this position as it’s not my only in the space. Gold does look angry today though
10:08 am MarketMaven M : out $GENE small daytrade
10:10 am Sandy S : $DRAM soike
10:14 am GReg L : Trying $AMDA for a quck one
10:26 am Mathew Waterfall : On the mic
10:27 am OILK K : hey mat good trades tehre
10:27 am MarketMaven M : yup ewe hear
10:28 am MAck M : My husband doesnt
10:30 am MarketMaven M : Your husband Macenzie 🙂 its select hearing
10:31 am OILQ K : Long $JDST test
10:31 am OILQ K : Women Geesh Mack u and MM bad
10:33 am GReg L : Trump thing will be good rading
10:34 am Mathew Waterfall : I hate binary events like that but it should get some action flowing. I just look forward to the entertainment factor lol
10:35 am OILK K : I think there wa sjust like a 3 min delay in the room from Mats voice to get to me something happened there
10:36 am Mathew Waterfall : Weird. The input screen on my end seemed to be tracking. Did you get the majority of it?
10:37 am Curtis M : y athere wa s adelay for some reason correct
10:40 am Curtis M : y a t all came through just really delayed lol
10:40 am MAck M : I thought that was woerd too
10:40 am Mathew Waterfall : Funny. Maybe I’ve opened up a time travel window
10:41 am MAck M : ha
10:42 am Mathew Waterfall : If I figure it out I’ll let you guys know. We’ll own those twitter scalpers haha
10:43 am Curtis M : I think its sorting now cause text was delayed too
10:46 am Mathew Waterfall : i have that happen every once in a while. I’ll push enter on a message and it’ll take a bit to post
10:46 am MarketMaven M : seems better now\
10:49 am Mathew Waterfall : Break time, back in a few
10:55 am Jack D : $PLUG momo
11:01 am Trent P : Prob sit and wait for trump now
11:02 am Shafique M : Hope it brings a decent aftrnoon:)
11:02 am Shafique M : Study time for me
11:10 am Edward Johansson : Hi guys, got the pre-market report email
11:10 am Edward Johansson : but the password doesn’t work
11:12 am Curtis M : ok we will resend
11:12 am Curtis M : sorry there is a delay in chat this mrning techs are working on t
11:12 am Edward Johansson : ok, thanks
11:13 am Edward Johansson : will log off for now and await the email – thanks
11:13 am John M : ya I had that prblem the date wasnt in it it is PREMARKET0210PREM
11:16 am OILQ K : sassy marketmaven gave it to us – smart one
11:17 am MarketMaven M : pretty quiet now
11:27 am Mathew Waterfall : Did a quick scan and review, not much pulling at me here. The set ups have to be pretty solid for me to trade intra day momo thus me usually staying away. Eyeing $NAK though showing strength after the downgrasde talk yesterday
11:28 am Curtis M : Got stopped flat JDST on break
11:31 am Jeff G : Curt, did you get stopped while we were on lunch?
11:31 am Curtis M : Ya just chaos wth other stuff lol but ya thanks for the coffee
11:32 am Jeff G : no prob I sold too 3 cent loss
11:33 am Jeff G : but trump announcement with Gold and OIl too should be interesting trading
11:33 am Mathew Waterfall : $NAk through res should go. $GVZ mentioned earlier on the mic up nicely as well
11:34 am Curtis M : nice play Mat back in 5
11:35 am Mathew Waterfall : $TLT also wanting to go r/g
11:37 am Curtis M : back wow never thought this would be that much work 🙂 keeping me young
11:38 am Jeff G : ya you were busy there:) lets settle in and get some here
11:39 am Curtis M : 10 4 follow Mat he and crew on a heater – good traders in here
11:40 am Jeff G : okay well lets settle in and get em
11:40 am Mathew Waterfall : Don’t jynx me! Playing this next leg pretty cautious should clear up after trump this afternoon
11:40 am Curtis M : Mat Jeff’s a shart fyi Jeff met Mat
11:40 am Curtis M : shark lol
11:41 am Mathew Waterfall : lol that makes more sense
11:41 am Mathew Waterfall : My typos are rubbing off
11:41 am Curtis M : ok ready
11:41 am Jeff G : whats on the hot list?
11:42 am Curtis M : me – UWT DWT JNUG JDST and the ones we could run maybe are AMDA GENE BLPH
11:43 am Curtis M : <at has a god list too
11:43 am Curtis M : Mat
11:43 am Jeff G : ok lets do this – Ill bring em up
11:43 am Jeff G : Trump 1:00 Eastern correct?
11:43 am Mathew Waterfall : I’m looking at miners(duh) and some small cap oil. $NE, $SDRL, $BCEI in particular. Looking at options plays
11:44 am Mathew Waterfall : Yes I believe 1 est
11:44 am Jeff G : ready, I like the oil micro small play idea if oil breaks ceiling here
11:45 am Jeff G : also, we could run that AMDA up to 50 in a heartbeat if we want later
11:45 am Mathew Waterfall : Yepp watching oil and some of the larger names to confirm upside
11:47 am Jeff G : $JDST really came off relative – that’s a gift if they’re on wrong side and that $AMDA theres guys in there that will run it fyi
11:48 am Jeff G : At 1 it should be who is offside
11:48 am Mathew Waterfall : I’m in $AMDA from earlier this week so pump away lol
11:49 am Jeff G : I wasn’t thinking pump… just know the guys that are in there they’ll run it or drop it – I betcha they run it today or Monday at latest
11:50 am Jeff G : I just search the ticker on Twitter and guys I know ya know kind of thing.
11:51 am Jeff G : I dont pump and advertise and tweet or anything, just buy or sell heavy
11:51 am Curtis M : heavy lol duty
11:51 am Mathew Waterfall : I know I was being scarcastic. It’s a good play for me with that low so close. Either it gets some lift or Im stopped
11:51 am Jeff G : whats your cost basis?
11:52 am Mathew Waterfall : .38x
11:52 am Mathew Waterfall : Stop under that low at .35
11:52 am Jeff G : nice it looks like a 50 – 60 to me guessing where they’re in at based on chart
11:53 am Jeff G : $JDST just got buy side flow
11:53 am Mathew Waterfall : I’m playing for a gap fill but that may be optimistic
11:53 am Jeff G : Might happen
11:54 am Sartaj Hundal : Welcome to our new subscribers
11:55 am MarketMaven M : Thanks
11:55 am Mathew Waterfall : Maybe it runs back to its ATH at 140 lol wouldn’t that be grand. Impossible IMO
11:55 am OILK K : sassy
11:55 am Jeff G : 210!
11:55 am Jeff G : $DRYS $LEI etc
11:56 am Curtis M : Hey Sartaj hope all is well
11:56 am Sartaj Hundal : Are you taking a lunch break in a few, Curt?
11:56 am Mathew Waterfall : hey even better. New house money as Curt would say if that happens
11:56 am Curtis M : omg I can take 3 mins now lol
11:57 am Jeff G : Curt and his down a house up a house hahahahahaha
11:59 am Curtis M : back
12:00 pm Curtis M : $JDST flat
12:07 pm Mathew Waterfall : /ZB getting real jiggy. Bonds looking like they want to blast off
12:08 pm MarketMaven M : c that
12:10 pm Mathew Waterfall : 152’15 is the launch pad. Over that things get going in a hurry
12:12 pm Jeff G : could b a lot of chop in the waves here hopefully the fish keep it safe
12:12 pm Curtis M : lol actually…
12:12 pm Curtis M : room full of full grown I think
12:13 pm Curtis M : good crew we haven’t got the kids not sure why
12:13 pm Curtis M : guru gets em
12:13 pm Jeff G : ya i read the transcripts good job
12:13 pm Jeff G : ok so I like your lists
12:14 pm Mathew Waterfall : Assuming we stay status quo for the rest of the day, no +/- 1000 TICKs all week. zzzzzz
12:15 pm MarketMaven M : abe and trump are spending weekend together 🙂
12:15 pm MarketMaven M : or at least tonight
12:16 pm Mathew Waterfall : O man so many ways I could take that hahaha
12:16 pm MarketMaven M : They are happy happy so what does each get from the deal? We need to figure that out and we will know what announcement is then nbefore.
12:16 pm MarketMaven M : haha
12:17 pm MarketMaven M : Lets spend the night together… now I need you more than ever… hehe
12:17 pm Mathew Waterfall : Next thing we know there’s rumors of another video
12:17 pm MarketMaven M : Abe needs low currency for economy
12:17 pm Jeff G : tough image
12:18 pm Mathew Waterfall : We need Japan to keep buyign our debt. We don’t really have a ton of leverage on that front but Trump doesn’t seen to care about that
12:18 pm Mathew Waterfall : My guess is Trump spins it more about new jobs in the US then currency. Something like they are working together to grow jops on both sides of the pacific together
12:19 pm Jeff G : But does the dollar go up or down?
12:19 pm MarketMaven M : They have to address currency or USD flies
12:19 pm Mathew Waterfall : I think they don’t ay anything about it which is what makes me nervous
12:20 pm MarketMaven M : if they say nothing it flies imo
12:20 pm Curtis M : good chat
12:20 pm Mathew Waterfall : Yepp agreed.
12:21 pm Davd Z : I think they try and keep currency right where it is. Not sure how.
12:22 pm Mathew Waterfall : Long term USD wants to go down, IMO
12:23 pm Jeff G : $BLPH slithering to 80
12:24 pm Mathew Waterfall : $DUST large put buyers on the board
12:24 pm Jeff G : going to be fun
12:26 pm Jeff G : i thought you were nuts when you posted that SPY chart but hats off
12:26 pm Davd Z : lol
12:26 pm Davd Z : me too
12:26 pm Curtis M : thanks for the confidence lol
12:27 pm Jeff G : good call though
12:27 pm Jeff G : u play it?
12:27 pm Curtis M : no
12:27 pm Curtis M : better at models lol
12:28 pm Jeff G : truest statement today
12:28 pm Jeff G : dollar likely to rally and dive next week – but look at oil – its like they no something
12:28 pm Mathew Waterfall : $TGB flying today, Nich’s call out earlier in the week up yuge
12:29 pm Jeff G : i heard about nich where is he?
12:29 pm Curtis M : not sure
12:38 pm Mathew Waterfall : /zb just put in a really weird move. Don’t see that often still watching for $TLT positions but not doing much after seeing that big break
12:39 pm Curtis M : $VIX down 2.48% 10.6
12:39 pm Curtis M : $VIX LOD
12:39 pm Curtis M : $TVIX LOD
12:40 pm Mathew Waterfall : Might be time for a $TVIX weekend play
12:40 pm Curtis M : interesting times
12:44 pm Mathew Waterfall : will wiat for press conference, I assume things will go higher as usual on any kind of news
12:44 pm Curtis M : yup
12:54 pm Jeff G : testers in $AMDA see how it goes
12:58 pm Mathew Waterfall : I would add if it can get into that gap on $AMDA
12:58 pm MarketMaven M : $DXY r gr
01:00 pm Jeff G : gollar lifting
01:04 pm Mathew Waterfall : Waiting on Trump and Abe get to the mic please
01:11 pm Mathew Waterfall : Trump on the mic
01:12 pm Mathew Waterfall : trump; free, fair, recipricol trade relationship. IE stop screwing us
01:12 pm Mathew Waterfall : wow not even close on spelling there lol
01:12 pm Shafique M : haha
01:13 pm Flash G : VIX calm
01:15 pm Mathew Waterfall : Abe talking about abe lincoln. ok then
01:16 pm Davd Z : Thanks Mathew I am wihout TV here
01:16 pm Davd Z : In office
01:17 pm Davd Z : Listening to sales pitches
01:17 pm Mathew Waterfall : Abe now tlaking about highspeed trains
01:17 pm Mathew Waterfall : lol this guy really is crazy
01:17 pm Mathew Waterfall : Talking about jobs and the partnership between JPN and US. Nothing crazy
01:18 pm Mathew Waterfall : Abe also uses the word fair, or his translater does anyway. slamming state owned companies, throwing shade at china
01:19 pm Mathew Waterfall : wow, really going after China. That’s going to make them happy Im sure lol
01:21 pm Mathew Waterfall : Now talking terrorism directly after tlaking about US armed forces in asian pacific and mention without name of south china sea conflict
01:21 pm Mathew Waterfall : This is more like it!
01:23 pm Mathew Waterfall : Now abe saying his gold game isn’t up to Trumps standard, but his policies always aim for the cup hahaha awesome
01:29 pm Mathew Waterfall : Questions so far lame. Trump asked about the travel abn, Abe and TPP pull out.
01:29 pm Shafique M : $SINA flow
01:34 pm Ted E : $VIX internals near sleep mode
01:36 pm Mathew Waterfall : Finally talks currency. says he wants a level playing field
01:36 pm Mathew Waterfall : trump that is
01:36 pm Mathew Waterfall : again uses fair. What we’ve all been waiting for
01:39 pm Mathew Waterfall : Well got a little action but not much. Cool with me
01:39 pm Mathew Waterfall : Just bought a little TVIX for the weekend. Will ditch if it slips too far
01:39 pm Ted E : wow
01:42 pm Jeff G : ghost town market
01:45 pm Mathew Waterfall : Yepp, more grinding it appears
01:45 pm MarketMaven M : $DXY moving
01:54 pm Curtis M : no herds
01:55 pm Mathew Waterfall : Man, these momo plays have been THIN this week. Traders i talk to either getting chopped up or tradsing super small. tough market
01:59 pm Curtis M : $VIX 10.9
02:01 pm Mathew Waterfall : $TVIX not moving for me, no one buying. If and when we ever get a correction, it will be fought tooth and nail by BTFD’ers until it’s too late making it accelerate into the hole
02:01 pm Curtis M : yup
02:01 pm Mathew Waterfall : To be clear, I don’t think that is coming today or anything, but we have the perfect storm brewing if we ever get there
02:01 pm Curtis M : yup
02:02 pm Mathew Waterfall : But $TVIX is cheap and I like a reason to stay up at night wondering how my positions will gap so I buy some lol
02:03 pm Jeff G : funny
02:03 pm MarketMaven M : i do that
02:03 pm Mathew Waterfall : Keeps us sharp I figure. Or that’s what I tell myself
02:03 pm Curtis M : lol
02:09 pm Mathew Waterfall : $NAK first trim. +5% from original entry this morning. somehow got out at 3.22 there form 3.07
02:13 pm Curtis M : $DXY its fair:)
02:14 pm Jeff G : might get rippy curt
02:24 pm Cara R : $PLUG again
02:26 pm Mathew Waterfall : Trailer on the rest of the $NAK position. Doesn’t look like Im going to do much else today
02:26 pm MAck M : Friday too
02:28 pm Mathew Waterfall : Yepp cuper light week, Friday afteroon. Recipe for a lul but every once in a while these boring afternoons get crazy so you never know
02:28 pm Jeff G : true that
02:29 pm Jeff G : north korea maybe?
02:31 pm Mathew Waterfall : O man ole Kim over there is probably about ready to fly to DC to meet with Trump any minute
02:31 pm Cara R : $GEBNE
02:32 pm Curtis M : y abeat me to it
02:41 pm Cara R : I like $AMDA $DWT for weekend swing so I will enter before close.
02:42 pm Cara R : The OPEC thing is sell the news.
02:43 pm Mathew Waterfall : I want to see who is actually in complaince. I read it’s 69% which makes me wonder if that means 69% of the members are complying or if they are twisting overall production figures and saying they are within 69% of the goal or something
02:43 pm Curtis M : OPEC a difficult call.
02:44 pm Curtis M : You’re likely right Cara but I have to sit out
02:44 pm Mathew Waterfall : I’m not trading it either. Want to see it break the range one way or another
03:04 pm Curtis M : thesis: Abe has his time with Trump and when Sunday night comes boom
03:06 pm Mathew Waterfall : What do you think he will signal to the market? Tell Kuroda that they need to ramp jpy as much as possible before the jig is up?
03:07 pm Curtis M : ramp to the moon
03:07 pm Curtis M : just a theory
03:07 pm Curtis M : not a great thesis
03:07 pm Mathew Waterfall : Bold move on their part
03:07 pm Curtis M : theyre all nuts
03:08 pm Curtis M : server crashed lol sorry
03:08 pm Mathew Waterfall : Now that I don’t disagree with. they’re crazy the whole lot of them
03:08 pm Nick I : yup
03:09 pm Curtis M : theroies
03:09 pm Curtis M : half of ya are on one side and othe r on other side of partition now – see same screen tho… servers lol
03:09 pm Nicholas Winton : greets all 🙂
03:10 pm Curtis M : hey nich
03:10 pm Nicholas Winton : I see you were talking $NAK and $GENE
03:10 pm Nicholas Winton : don’t forget $TGB
03:10 pm Nicholas Winton : for copper
03:10 pm Mathew Waterfall : $NAK smoke show for me today
03:11 pm Mathew Waterfall : I posted $TGB and referenced you with it lol I didn’t play it but it’s up bigly
03:11 pm Nicholas Winton : yep- i mentioned it bottomed at 50c in 2008 crash
03:11 pm Nicholas Winton : and then rebounded to $7 in under 2 years
03:11 pm Nicholas Winton : as copper rose
03:13 pm Nicholas Winton : CPO.V for Canadian traders has been a beast- cobalt stock
03:13 pm Curtis M : $JNUG HOD
03:13 pm Mathew Waterfall : I’m also in $TRQ which should get some lift as well
03:14 pm Nicholas Winton : agree Mat on $TRQ! btw just got home- any news on $PLUG?
03:16 pm Curtis M : THats it
03:33 pm Mathew Waterfall : First large $GDX call sweeps seen all day. Finally big money getting back behind the move
03:38 pm Jeff G : theyre in there
03:44 pm MarketMaven M : $PTCO dunked bad
03:45 pm OILK K : Closing out week with an entry in ….
03:45 pm OILK K : $TWTR!!!
03:46 pm Curtis M : low price
03:46 pm Mathew Waterfall : Long? Goodluck
03:47 pm MarketMaven M : Make Twitter Great AGain
03:47 pm OILK K : Haha have a great weekend folks!
03:48 pm Nicholas Winton : ciao guys and go TWTR
03:48 pm Nicholas Winton : ha
03:48 pm Nicholas Winton : Trump will save Twitter
03:48 pm MarketMaven M : exactly tremendously yuge
03:48 pm Nicholas Winton : TWTR is like the enquirer with all its Trump leaks
03:48 pm Nicholas Winton : lol
03:48 pm MarketMaven M : ya
03:48 pm Nicholas Winton : except unlike Enquirer probably all true
03:48 pm Nicholas Winton : ha
03:49 pm MarketMaven M : plug!
03:49 pm MarketMaven M : short covering
03:51 pm MarketMaven M : whoa
03:52 pm MarketMaven M : on that note have a good one – later craters
03:52 pm Mathew Waterfall : Hope it works for ya and there’s a nice bottom to use there.
03:53 pm Mathew Waterfall : Have a good weekend all!
03:53 pm OILQ K : bye
03:53 pm Curtis M : cya guys
03:53 pm Nicholas Winton : someone pulled the plug on the shorts
03:53 pm Jeff G : I’ll say
03:54 pm Nicholas Winton : small stocks= big profits long in this bubble phase
03:54 pm Jeff G : looks like the momo top pick for monday
03:55 pm Mathew Waterfall : $nak continuation as well. Love that
03:56 pm Jeff G : $NAK a great play
03:57 pm Mathew Waterfall : $ASM also trying to close on highs
04:00 pm OILQ K : PLUG POWER!
04:00 pm OILQ K : Buy guys
04:00 pm Mathew Waterfall : hope you had a good week. See ya later
04:00 pm Curtis M : later peeps

Be safe out there!

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


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

Intro:

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

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

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

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

Notices:

Public Webinar Schedule: Tomorrow!

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

Date: Saturday Feb 11, 2107

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

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

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

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

5:00 Trading Room – Introduction to our Trading Room

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

New article on our blog:

Per previous;

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

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

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

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

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

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

Trading, Results, Market, $JDST, Swing

$JDST Exciting last few minutes.

Premarket, Stocks, Trading, Plan, $JAGX

$JAGX Premarket Win for Flash G 71

Per previous;

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

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

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

Stocks, ETN’s, ETF’s I am Holding:

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

Looking Forward:

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

US Dollar $DXY

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

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

Gold – Gold Miner’s – Silver

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

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

Crude Oil

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

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

Volatility

$VIX is still near dead – records being set.

$SPY S&P 500

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

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

Swing Trading Newsletter Service:

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

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

Earnings on deck:

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

Announcements in Compound Trading Chat Room:

NA

Compound Trading Stock Chat-room Transcript:

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

Miscellaneous chatter may be removed.

Be safe out there!

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


Review of my Chat Room Stock Trading, Algorithm Stock Charting Calls and Alerts for Wednesday Feb 8, 2017; $DWT, $DFFN, $PLG, $NUGT, $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK – $ASM, $SSH, $VRX, $JUNO, $CBMX, $TRCH, $LGCY, $DUST etc 

Intro:

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

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

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

Notices:

Public Webinar Schedule:

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

Date: Saturday Feb 11, 2107

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

2:00 Epic the Oil Algorithm

2:30 Rosie the Gold Algorithm

3:00 SuperNova Silver Algorithm

3:30 US Dollar $DXY Algorithm

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

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

5:00 Trading Room – Introduction to our Trading Room

New article on our blog: Keep it simple charting (amazing how you make consistent and predictable returns on your money just trading the simplicity of some charts – we make it way to complicated sometimes)

New article on our blog:

Per previous;

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

Compound Trading Stock Trading Room Member Memo Feb 3, 2017

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

Some of the plays in the room and swing trades lately include stock trades, options, ETF’s etc such as $DWT, $DFFN, $PLG, $NUGT, $AAPL, $FB, $GOOGL, $BABA, $NFLX, $OAK.

In general terms, the crew in the room has absolutely been winning since early January. Mathew has been all over his swings, options and daytrades. Our members in the room have been on the same winning train. You would have to review all transcripts because it has been varied but bottom line is they have been on right side of the market from Gold to the recent tech action and in options etc. Very, very solid group. A great learning experience for traders in the room also.

The swing trading side of our service has nailed I think every call and the members have been sharing with me their success stories – as I predicted before Christmas this has without been the most profitable part of the trading I have been involved with also since Christmas. My personal daytrading in the room has been mixed, I am up just shy of 20% for the year so far BUT as I have said has I listened to our Gold and Silver algorithm charting I would be way, way, way higher. But the swing trading service side has made up for that also. 

Specifically today for myself I was trying to get on right side of oil related trading, and I don’t want to come across wrong but truth is this category (and our other algorithmic charting models such as Gold, Silver, VIX, SPY, USD) are my mainstays – because we do have somewhat of an edge… data. Anyway, my point is oil since it entered its sideways action weeks back has been predictable but I haven’t traded it much because sideways doesn’t provide optimum margin (decent but not optimum). So I have been daytrading momentum stocks and swing trading and waiting for the set-ups in our standard algorithm models to be most advantageous (and again, the error was missing the Gold and Silver turn). Anyway, to the point ha, oil, oil, oil…. it lost a technical support and when that happens 99% of the time there is a trend change (if you check EPIC the Oil Algos record on trend changes you will see its near 100% call win rate). So the set-up was perfect, but something odd happened the last two days – the machines shut off (which should occur at the inflection) but then nothing happend – which is not how oil trades. Oil trades in a very very predictable way – decision to decision and at each you make bank. And even more so when the trend is at a break and changes. So bottom line is oil trade in a way it does in less than 1% of instances when an important technical is broken. So I took two inverse oil plays $DWT and the first I took a paper cut and second flat. And I see that the chart in overnight trade is repaired and oil is back in its sideways range. Ugh. 

Per previous;

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

Momentum / Noteable Stocks Today (via FinViz):

Ticker Last Change Volume Signal
VPCO 0.00 42.86% 135610899 Top Gainers
AEHR 3.00 35.75% 9255700 Top Gainers
ATV 11.71 30.11% 26500 Top Gainers
ATOS 1.81 26.44% 560419 Top Gainers
INVE 4.60 20.10% 538833 Top Gainers
PLG 2.32 18.97% 3330278 Top Gainers
COHR 190.65 18.17% 1406700 New High
INVE 4.60 20.10% 538833 New High
TSRO 182.68 12.11% 2834600 New High
WD 37.27 16.11% 967500 New High
WOOF 90.72 0.01% 1511300 Overbought
AAPL 132.04 0.39% 23336500 Overbought
AEHR 3.00 35.75% 9255700 Unusual Volume
EZR 23.79 -0.21% 50000 Unusual Volume
BSWN 23.20 0.22% 31200 Unusual Volume
OCRX 0.73 32.55% 29245973 Unusual Volume
ABB 22.61 -3.58% 3654600 Upgrades
ABB 22.61 -3.58% 3654600 Earnings Before
EEI 9.60 -3.03% 9000 Insider Buying

Holding:

I am holding $ASM, $VRX, $SSH, $JUNO, $CBMX, $TRCH, $LGCY, $DUST

Looking Forward:

I am of course watching our standards that apply to our algorithmic charting;

US Dollar $DXY is at important support so I will watch for a bounce (my personal bias).

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

$OIL was broke and it magically repaired and is back in its multi-week range – trade the range until really broke.

$VIX is still near dead – records being set (as predicted long before Christmas).

$SPY continues in its range but I will be looking for a break to higher (my personal bias).

Still playing morning momos but the last 15 sessions follow-through momo (where I bank) has been difficult because volume goes poof.

Swing trading – continuing to bank on that side of our platform and don’t expect that to slow down in 2017 (until a change in market conditions of course).

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

PS – I know we haven’t posted five or six trading results since Christmas and we’re getting there soon. We have it on our list along with… well you know… lots:)

Earnings on deck:

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

Announcements in Compound Trading Chat Room:

NA

Compound Trading Stock Chat-room Transcript:

09:18 am Lenny E : All out $DFFN
09:20 am Mathew Waterfall : Held ON? Nice trade Lenny
09:21 am Mathew Waterfall : Eyes on crude and the dollar here. Bonds made a YUGE move up ON and will see if they can hold or if they give it back as they’ve been prone to do
09:21 am Lenny E : No. But am overtrading too.
09:21 am Mathew Waterfall : nice
09:24 am Eric L : Sold half $DFFN holding half for open
09:24 am Eric L : Thanks for alert Len
09:32 am Mathew Waterfall : Out some $NGD here at 2.97x from 2.84. oversized position I wanted to cut down on this pop
09:32 am Lenny E : Watch $CAMT here
09:34 am Curtis M : Long $APOP 6.56 and out at 6.36 stopped imm
09:34 am Curtis M : 1000
09:36 am John M : L $CORH
09:37 am Mathew Waterfall : Out the weekly $GLD 119c’s at .29 from .27. Didn’t buy enough time. Still in a couple to see if this move goes higher as I expect
09:38 am Mathew Waterfall : Out $SSRI at 11.95 form yesterdays buy at 11.40 for a quickie
09:39 am Mathew Waterfall : Miners have some catch up to do here IMP after yesterdays sell off
09:42 am Jack D : Nothing I was watching went anywhere but down ugh
09:44 am Mathew Waterfall : Out $IAG at 5.095 from 4.50ish. Don’t have the exact entry price for some reason. Lightening up as I was HEAVY miners here this week and last
09:46 am Sandra Q : Long $NUGT may be late to party short leash as Mathew says
09:50 am Mathew Waterfall : Lots of $JNUG call flow hitting the wire this moring right off of the open
09:50 am Nicholas Winton : love miners here
09:50 am Mathew Waterfall : New one I picked up last night after close. $GFI. Chart looks great and should see north of $4 shortly
09:51 am Curtis M : 1242 – 1253 no mans land fr Gold imo …. up its gone if t gets over
09:51 am Nicholas Winton : i think we could see miners rip thru next wk
09:52 am Curtis M : kinda like oil yesterday big decisoin but oil crapped I dodnt think gold will
09:53 am Mathew Waterfall : Agreed. I actually like Silver a bit more long term here. Keeping most of the silver plays
09:55 am Mathew Waterfall : Out a bit of $PLG 2.12 from 1.76 entry. Had mid 2’s as final target so we’ll see if we get there
09:57 am Mathew Waterfall : $PPP continues to kill it. Still aiming for $1 in short order
09:59 am Nicholas Winton : ASM looks good
09:59 am Nicholas Winton : when THM breaks out- kaboom
10:01 am Curtis M : Volume dried up in most issues on my monitors – careful.
10:01 am Curtis M : Obvously y’all are bing that our room is dead quiet lol
10:02 am Eric L : Dead cat everywehere I look – something going to shake. Up or down not sure.
10:02 am Mathew Waterfall : Oil report should get the party started
10:03 am Lenny E : micro twitter guys trying to talk up a good game but nothing on the charts when you look
10:03 am Lenny E : bio low float guys
10:05 am Nicholas Winton : GENE
10:05 am Nicholas Winton : $GENE
10:05 am Eric L : $GENE looks decent
10:08 am Curtis M : Whats your PT on $HENE Ncholas?
10:11 am Nicholas Winton : i thinkn if we see volume enter we could see 1.30
10:18 am Lenny E : watching $DRYS for pop
10:18 am Sandra Q : Curtis serious about oil charts
10:19 am OILK K : I don’t think he misses when he fires on oil S 🙂
10:20 am Mathew Waterfall : $FB seeing a ton of call buying here into some strength after last weeks earnings dump
10:20 am OILK K : yes sir eee Mat
10:23 am Mathew Waterfall : Besides that and the miners/metals not much standing out. A couple $SPY bear bets early but no non stop action like I try ot key off of
10:28 am Cara R : shhhh lol
10:31 am Curtis M : machines used that lower fib algo line as target been on there for some time – they defaulted to it
10:32 am Mathew Waterfall : Confirmed the build and not much reaction. Color me surprised
10:33 am Curtis M : Short at the blue line it is blue arrow (uppr blue line lol)
10:33 am Curtis M : sorry just in case haha
10:34 am Curtis M : if it gets there
10:40 am Eric L : scared the carap outta me when he came on hahaha
10:40 am Eric L : ha
10:40 am Eric L : turned it down
10:43 am Carol B : Thanks Mathew helps
10:43 am OILQ K : i second that
10:43 am Mathew Waterfall : Glad it helps. Shoot me a note if yoou have any other questions I can help with
10:43 am OILQ K : oil
10:44 am OILQ K : yippy
10:44 am Mathew Waterfall : Biggest build in forever and it rallies. wow
10:44 am OILQ K : cccrazy
10:45 am Curtis M : loading the bombs he he
10:45 am Curtis M : it goes over that blue line i have to flp fast lol
10:47 am Curtis M : see oil is viscious
10:48 am Curtis M : 1 s lol
10:53 am Mathew Waterfall : Break back in a few
10:53 am Curtis M : k
10:54 am Curtis M : Long $DWT but careful
10:54 am Curtis M : it could squeeze easy
10:55 am Curtis M : like that
10:55 am Curtis M : getting dangerous
10:55 am Curtis M : needs to fail soon
10:57 am Curtis M : if it fails i wlil scale at levels of fibs
10:58 am Curtis M : For those that can’t get audio will short at fibs if it fails if it pops i will exit and wait
10:58 am Curtis M : siting right at decision
10:59 am Curtis M : 52.45 or more gets seriously bad
10:59 am Curtis M : fast
11:00 am Trent P : man Curt never seen anyone so tapped in to oil charting and trades ya know your levels
11:05 am Curtis M : out
11:05 am Curtis M : getting ready on long side
11:06 am Curtis M : dam
11:09 am David Z : crazy
11:11 am David Z : on another note my $TSLA yes
11:12 am John M : y abunch of us winners there
11:14 am John M : it didnt get far above res
11:14 am Curtis M : ya
11:19 am Lenny E : oil looks lie crap in my opinion curtis
11:19 am Curtis M : hard to read
11:20 am Lenny E : I might short soon myself and I dont trade it
11:20 am Lenny E : well DWT not short
11:20 am Lenny E : inverse! thats it
11:21 am Lenny E : I understand now why you use 20 day for commodities and not 9.
11:21 am Curtis M : machines arent buying
11:22 am Curtis M : not yet anyway
11:25 am Curtis M : Long $DWT tester
11:27 am Eric L : Im in the raid seen your tweets funny better win
11:27 am Eric L : Like you I hate losing
11:28 am Eric L : MMy $BABA paid
11:28 am Jake A : Covered both $TSLA and $BABA for payday too this morning
11:29 am OILQ K : why would anyone want to lon oil with that build and USA shale beyond me
11:36 am Mathew Waterfall : Trimming $PLG at 2.00 from 1.7X. Broker issues seeing these entry prices after exit for some reason
11:37 am Mathew Waterfall : Dude, janet
11:37 am Mathew Waterfall : They have been propping oil to prevent a high yield crash all year
11:37 am Mathew Waterfall : high yield crash brings a crash. Look at what started things off fall of 2015. $HYG crash
11:38 am Curtis M : ya fark piss me off
11:38 am Curtis M : holding tester DWT
11:39 am Mathew Waterfall : That’s my tin foil hat theory anyway which makes a lot of sense to me
11:39 am Curtis M : spooky action
11:40 am Eric L : Curt never on wrong side of oil
11:40 am Curtis M : Anyway on to other stuff
11:40 am Curtis M : lol thanks eric haha
11:41 am Don O : on a bighter note you all – a bunch of us banked this morning $TSLA $BABA and thres more on the way yippy
11:41 am Eric L : True true
11:42 am Mathew Waterfall : Nice well done Don and others. Love to see that
11:43 am Don O : going to be a good afternoon i feel it
11:43 am Don O : hope
11:51 am Shafique M : Been in $ROKA since you alerted a cople wks ago and t looks better now
11:52 am Mathew Waterfall : BTO $GFI Mar 4c’s at .12. I have a 4.20 PT on this near term which should juice these to the moon if we get it
11:53 am Shafique M : hit it
11:53 am Glenn T : good eye on that
11:54 am Mathew Waterfall : Those calls are really cheap to me premium wise. That’s what I’m looking for in the latter stages of this gold move
11:54 am Glenn T : checking now
11:55 am Glenn T : great room btw
11:55 am Curtis M : Yes sorry Glenn welcome:)
11:58 am Mathew Waterfall : $IWM looking like it wants some follow through to the downside and a channel break. Im looking for a sub 134 close with confirmation tomorrow to key off of there
12:02 pm OILQ K : $WINS resumed
12:03 pm Mathew Waterfall : $WINS is the kind casino pump and dump stock for me
12:03 pm OILQ K : he ya
12:06 pm darnel t : $FB $TSLA $BABA all great plays for my end – looking at $NFLX again
12:06 pm darnel t : $FB action hot
12:07 pm darnel t : and $AMD short
12:08 pm darnel t : and evven $GOOGL long
12:09 pm Mathew Waterfall : Ton of steam long in all of those names. $TSLA has earningson 2/22 I think
12:09 pm Mathew Waterfall : $AMD has seen a ton of long action so careful shrt
12:09 pm darnel t : Curt you were saying something about Tump and tech o nTurs though?
12:09 pm darnel t : yes thanks Mathew good thought
12:10 pm Mathew Waterfall : $AMD and $MU have both seen a lot of call buying the last couple of weeks. Just something to keep in mind
12:11 pm Curtis M : I thought I seen something about Trump and tech on Thur
12:11 pm Curtis M : CAN WE JUST DUMP PLS LOL
12:11 pm Mathew Waterfall : Seriously. It feels to me like they want to suck in longs and then flush but how long can that go on for? It needs to move sooner or later…right?
12:12 pm Curtis M : you would think lol
12:12 pm Curtis M : im sure were being played by the powers postive
12:13 pm Mathew Waterfall : O yea, we always are though lol
12:13 pm Curtis M : we run massive data…. the data doesn’t lie – its like aliens showed up – we know
12:13 pm Curtis M : i cant tell you exactly where a prce wll go normally lol but we can tell you when it is wrong
12:13 pm Curtis M : without error
12:14 pm Curtis M : humans trade and machines trade and with enough time and enough data you can tell when the aliens show up
12:15 pm Mathew Waterfall : Can you measure how large of an outlier we’re seeing here or is that impossible with the different layers of data?
12:15 pm Curtis M : hard to tell now because w ehave to go back to the data with what we have from yesterday and today and it takes days
12:15 pm Mathew Waterfall : Wondering how large it is to just keep us flat. Like is this a 3 sigma move just to pin things?
12:16 pm Curtis M : like loook AT THAT chart bot says sell price goes up immediaely at same time
12:16 pm Curtis M : never never never happens
12:17 pm Curtis M : i gotta focus on makingmoney this afternoon this pissed me off lol
12:17 pm Curtis M : 🙂
12:17 pm Curtis M : get happy
12:17 pm Mathew Waterfall : Goodlcuk to us all lol
12:17 pm Curtis M : lol
12:18 pm Curtis M : look at that stoch rsi oil should be TANKING
12:19 pm Curtis M : sorry guys it just feels like casino cheating today
12:19 pm Mathew Waterfall : Tough to get indicators that looks worse that than really
12:20 pm Mathew Waterfall : Just took some $GFI commons to add to the calls here. Sold off hard ongold stength will play catch up shortly
12:20 pm Eric L : no probs Curt! Lets just raid the tray this afternoon!
12:20 pm Curtis M : lol a gambler:)
12:20 pm Curtis M : ok focus on
12:22 pm Jake A : 1257 gold and I’m out of y long of we get it
12:23 pm Curtis M : fib there
12:37 pm Nicholas Winton : $ASM looking great
12:38 pm Curtis M : lol have to rebot soon b4 afternoon
12:39 pm Tech 3 : I’ll grab it curt
12:45 pm Tech 3 : good to go
12:45 pm Tech 3 : sorry, its there platform not u c u
12:51 pm Mathew Waterfall : Really wanted $TLT on a pullback today but it’s going going gone by the looks. Still sitting in Mar 126c’s and a pile elsewhere but wanted another reload in calls
12:52 pm Curtis M : looks gone
12:52 pm Curtis M : great play
12:53 pm Mathew Waterfall : Wanted more but o well thus is life lol still will buy on pullbacks
12:58 pm Shafique M : $PLG rockstar
12:59 pm Mathew Waterfall : Yea $PLG has been a killer for me. Would look for more if it sees any weakness
12:59 pm Shafique M : I eye balled it but missed
01:02 pm Curtis M : indicators relative to price in crude literally backwards
01:03 pm Jake A : selling $OCRX daytrade for decent gain on daytrade mini size
01:05 pm Curtis M : carefule with oil longs here now
01:05 pm Mathew Waterfall : huge dollar spike
01:06 pm Curtis M : could b decison time soon
01:08 pm Curtis M : buy miners in morning sell at 1? daily? is that a thing?
01:08 pm Mathew Waterfall : Thise week yea. Last week was opposite
01:09 pm Curtis M : odd
01:09 pm Mathew Waterfall : I’ve been buying calls late day and sleling right off of the open with decent success. Front week jnug/nugt very risky
01:10 pm Curtis M : decision in oil b4 1:25 ish likely
01:19 pm Nicholas Winton : could be major copper strike
01:20 pm Nicholas Winton : at $BHP
01:20 pm Nicholas Winton : look at copper oriented stocks
01:20 pm Nicholas Winton : $TGB and $NAK (which has huge gold too)
01:20 pm Mathew Waterfall : I saw that yesterday but not a ton of movement. I’m in and like $TRQ here but it’s been lagging tough
01:21 pm Jake A : in copper on Curts note this morning start only…
01:21 pm Curtis M : ah ya Nicholas I’ll get ya that morning news
01:21 pm Curtis M : 125 on deck
01:22 pm Curtis M : i like the copper play
01:23 pm Curtis M : caeful oil longs
01:24 pm Mathew Waterfall : Looking at high r/r $JNUG front week calls here. most likely 12.5’s
01:25 pm Nicholas Winton : copper rose 9% in 3 days during November- when that happens copper is extremely bullish 3, 6 and 12 months out
01:26 pm Curtis M : 1:25
01:27 pm Curtis M : machines didnt buy it
01:28 pm Curtis M : Ncholas – anhthing wierd going on in the constellations?
01:28 pm Curtis M : lol
01:29 pm Curtis M : i think he left
01:30 pm Don O : $GOOGL looks like my big play of the wek coming
01:30 pm Don O : It looks set up really well
01:30 pm Don O : sentiment mainly
01:34 pm Mathew Waterfall : Took a few weekly $JNUG calls here. Basically lotto’s at this point looking for anther gap up ON or afternoon spike ala Monday. 12.5’s at .35
01:35 pm Mathew Waterfall : usd/jpy and cahnnel high and cold just ran the late stops my thinking here
01:39 pm Curtis M : Copper has resistance ocming btw so if sentiment shifts its down so thats the hard part
01:40 pm Kevin E : $BIDU beast
01:54 pm Lenny E : $BIDU to the moon soon I think
01:56 pm Curtis M : theres something about thur and tech stocks i wish i could remember
01:57 pm Dave A : Curtis, you still holding $DWT?
01:57 pm Curtis M : Barely yes
01:57 pm Dave A : thx
01:58 pm Curtis M : Welcome back Sartaj
01:59 pm Sartaj Hundal : Hello, all. Nice to be back, besides the snow!
01:59 pm Curtis M : ha Im good for today just text me local and i can be there at 3
02:00 pm Sartaj Hundal : Nice to see positive reviews from our members in these flat markets
02:01 pm Curtis M : market stinks
02:01 pm Curtis M : lol
02:02 pm OILK K : $RXII loooks lie a death trap for bulls
02:04 pm Curtis M : 2:30 on deck – oil
02:13 pm Curtis M : yes
02:14 pm Curtis M : no magic saves now
02:16 pm John M : ha
02:16 pm Mathew Waterfall : Flsuh this thing come on
02:16 pm Mathew Waterfall : *flush
02:16 pm Mathew Waterfall : let’s get moving
02:16 pm John M : F L U S H
02:16 pm John M : 13 mins
02:16 pm Curtis M : yup
02:17 pm Mathew Waterfall : flush o’clock
02:18 pm Curtis M : its below major support
02:18 pm Curtis M : heyre holding it up
02:20 pm Curtis M : whit earrow is what it should do like last time and the last 100000000 times flush
02:21 pm John M : crazy when you look at it
02:22 pm Mathew Waterfall : So weird. It would be almost impossible to actually game the oil market. There’s probably 10 people/groups world wide with enough juice to do that in this space
02:22 pm Mathew Waterfall : Very strange
02:22 pm Curtis M : thats why i am freaking out lol
02:22 pm Curtis M : i play oil cause its so liquid
02:23 pm Curtis M : aliens have landed
02:24 pm Mathew Waterfall : I haven’t had time to work it out but Im wondering if there’s a link between BOJ and them trying to prop up oil. Would be news to me but Trump is slamming their JPY ramps so maybe they are looking elsewhere?
02:24 pm Mathew Waterfall : That’s full on tin foil hat btw lol
02:24 pm Curtis M : lol
02:25 pm Mathew Waterfall : random thoughts from mathew for ya right there
02:25 pm Curtis M : I’ll take random
02:29 pm Curtis M : kinda like getting old spice for Christmas
02:29 pm Mathew Waterfall : I guess I should have expected this quiet close
02:30 pm Mathew Waterfall : funny. /CL volume is up slightly today vs other days this year
02:31 pm Mathew Waterfall : I assumed it would be way down with lack of action
02:31 pm Mathew Waterfall : Anyone out there use Sierra by chance and have deep level 2 figures?
02:31 pm David Z : sierra?
02:32 pm Mathew Waterfall : Sierra is a platform that a lot of oil/gas traders use
02:32 pm Curtis M : OILK I think does
02:32 pm Curtis M : Out DWT
02:33 pm Curtis M : cant wait around gotta go kill something
02:33 pm Mathew Waterfall : Im curious if there’s a huge bid down there propping things up. You say no algos so they may be placing and pulling but seeing a large bid at like 51.5 would make sense
02:33 pm Curtis M : him or shafique or lui when theyre in the room or whatever theyll be the one
02:34 pm Curtis M : gary too he might
02:34 pm Curtis M : stupid stupid stupid ugh
02:34 pm Curtis M : lets kill one b4 end of day here lol
02:35 pm Mathew Waterfall : $ENPH on watch for VWAP test
02:36 pm Mathew Waterfall : That’s about the only small cap runner I’ve been eyeing
02:36 pm Curtis M : $OCRX $AEHR but both meh
02:37 pm Mathew Waterfall : Yea tough flow to read for me so I’ve been staying away from those plays this week
02:39 pm Mathew Waterfall : Via Twitter: $SPX on track to post its 7th daily move <0.1% in the last 10 days. First time that’s happened since Jan. 1995 (and 3rd time in history)
02:39 pm Eric L : what nuts
02:40 pm Curtis M : maybe im not going loony tunes
02:41 pm Mathew Waterfall : Yea that’s pretty crazy. Also crazy long streak for days without a 1% or more move
02:43 pm Curtis M : market has left the building
02:51 pm Eric L : Mathew what do you think of these low float Chinas these guys are starting to run?
02:52 pm Eric L : Oh and Curt btw thanks for getting me in and outta that oil without a dent even though it didn’t fly – Ive done mega with you that have so just wanted to say before I go.
02:52 pm Curtis M : hey np I think Mat sleeping on his keyboard
02:53 pm Mathew Waterfall : haha Im about to get more coffee just to stay awake.
02:53 pm Curtis M : repost for the few that just came back in…. Via Twitter: $SPX on track to post its 7th daily move <0.1% in the last 10 days. First time that’s happened since Jan. 1995 (and 3rd time in history)
02:53 pm Curtis M : thanks to Mat
02:53 pm Mathew Waterfall : I’m not a fan of the low float plays they don’t fit my trading style so I don’t play them often. I’m not the guy on that
02:54 pm Curtis M : y athyre tough
02:54 pm Mathew Waterfall : You make them look easy but they never seen so simple when I try lol so I just leave them be more often then not
02:54 pm Curtis M : if you get a good squeeze and and and you ship in small then small then small tight t can be done – but 1 in 10 I get good – half i get razor cuts
02:55 pm Curtis M : the secret for me is the squeeze but even those last two weeks ave been blah
02:55 pm Lenny E : makes a lot of sense there
02:56 pm Lenny E : basically my style
02:56 pm Mathew Waterfall : It seems like the plays of december and jan would keep running but this week and last they dry up super quick
02:56 pm Eric L : Learning
02:57 pm Curtis M : they have to run and you have to cut quick when they dont thats the only way and they trade n the .25 cent and you need momo momo momo or you can play pull backs but same thing everything dried up recently
02:57 pm Eric L : thanks guys
02:57 pm Eric L : calling it a day see you tomorrow
02:57 pm Curtis M : peace
02:57 pm Mathew Waterfall : have a good night
02:58 pm Curtis M : The play to catch was the turn on Gold – thats the play last 6 weeks
03:01 pm Mathew Waterfall : Only thing that’s moving. Not even your typical rotation really. Well metals and some tech I suppose
03:07 pm Curtis M : Deck
03:07 pm Curtis M : sorry that was late lol
03:08 pm Lenny E : seen it anyway
03:08 pm OILK K : me also
03:08 pm OILK K : Mathew – no I don’t have t but will soon
03:09 pm Mathew Waterfall : I was just curious about todays flow is all K
03:10 pm OILK K : 10 4
03:14 pm Nicholas Winton : $PLG boom
03:15 pm darnel t : ya a few of us killing that one
03:17 pm Mathew Waterfall : $PLG has just been griding. $UAA also seeing some action here which is nice
03:18 pm Curtis M : Nice to see you got movement
03:18 pm Curtis M : I was gonna re enter it but ya
03:18 pm Mathew Waterfall : Let’s hope it keeps going here
03:19 pm Mathew Waterfall : Still a decent low to play against at 20.40 but it needs to get into the 22’s to solidify
03:22 pm Curtis M : thinktankcharts
03:22 pm Curtis M : he just posted the wierdness
03:23 pm Curtis M : i think most are afraid to say the obvious
03:23 pm Curtis M : were obvoiusly being played imo
03:23 pm Mathew Waterfall : Yepp. Problem is the casino is a deck of cards as well with yellen and kuroda and the helm. We all know how this ends, we just don’t know when
03:24 pm Curtis M : everybody piling in to Deck cause everybody bored and pent up
03:24 pm Mathew Waterfall : Started with what, someone disclosing their 6% stake or something?
03:25 pm Curtis M : yup
03:25 pm Curtis M : its gonna be a good short
03:25 pm Mathew Waterfall : Think if this missle gets pointed down. The piling on plus IV expansion and VIX blowing up. What dreams are made of
03:25 pm Curtis M : when market corrects it will be 32 at best
03:25 pm Mathew Waterfall : I mean the market as a whole not $DECK though it’s included
03:26 pm Curtis M : ok my theory….
03:26 pm Curtis M : no more QE right? cause they can’t it wouldn’t fly in US I don’t think
03:26 pm Curtis M : so they have been through proxies buying up equities and ol etc for a long time
03:27 pm Curtis M : proxies controlled lke a stock promotor does same idea
03:27 pm Curtis M : its not deep but its my theory
03:27 pm Curtis M : lol thats it thats the whole theory
03:27 pm Lenny E : that was deep
03:27 pm Mathew Waterfall : I agree. I was expecting more lol. I also think that there is no way that they can raise rates here as aggresively as they want
03:27 pm Lenny E : Going to scalp Deck if it gets over 50
03:28 pm Mathew Waterfall : So I think they will have to tighten by unloading corp bonds that they have stockpiled
03:28 pm Curtis M : dont do it lenny
03:28 pm Mathew Waterfall : No more QE +bond selling+1-2 rate hikes per year on an economy made of china
03:28 pm Curtis M : sounds rght
03:29 pm Mathew Waterfall : Kaboom. I don’t think we make it that long. There has beena large shift in the last 12 months to the market IMO and in the last couple weeks it has gotten even worse. I’ll be sitting on my hands until things clear up
03:32 pm Mathew Waterfall : Late day bear flow into $AAPL of note. Only thing really jumping out at me today
03:33 pm Curtis M : hmmm
03:33 pm OILQ K : You guys are right.
03:34 pm Curtis M : So we wait and be smart till then. Hopefully tomorrow has some flow.
03:37 pm Mathew Waterfall : $TRQ late day flow finally. $NAK also liking this copper strike news as pointed out by Nich
03:37 pm Curtis M : Man I missed Nichs note on that
03:38 pm Curtis M : Meeting with Sartaj after about room transcrpts btw – so that everyone can access them without us posting
03:38 pm Nicholas Winton : $TGB is great for copper
03:38 pm Nicholas Winton : low cost, ramping production
03:38 pm Mathew Waterfall : Hasn’t been a ton of movement. $NAk was 2.9ish now 3.04
03:38 pm Dave A : That would be great
03:39 pm Nicholas Winton : $TGB also produces 250k oz silver and opened a moly mine
03:39 pm Nicholas Winton : which is great as inflation hits
03:39 pm Curtis M : hey Nich thanks lol
03:39 pm Nicholas Winton : no prob!
03:39 pm Mathew Waterfall : interesting. I’ll dig in to that after the bell thanks!
03:39 pm Shafique M : Good info from u guys all the time
03:41 pm Lenny E : here comes 50
03:41 pm Don O : omg
03:41 pm Nicholas Winton : $TGB was a pick at 55c in my newsletter just a couple of months ago- chart looksready to erupt again soon
03:41 pm Don O : it wont go over 50 lenny
03:41 pm Curtis M : lol
03:41 pm Curtis M : $TGB it is on watch
03:41 pm Curtis M : Thanks Hedge
03:41 pm Nicholas Winton : copper is the tell for the whole mkt
03:42 pm Nicholas Winton : as long as it holds strong, SPY will hold or move up
03:42 pm Nicholas Winton : speculation and small caps are where the huge $ will be made
03:42 pm Nicholas Winton : over the next month imho
03:42 pm Curtis M : holy sh*t lenny might get 50
03:43 pm Lenny E : small bios moving too but too late in day
03:43 pm Lenny E : covering likely
03:44 pm Lenny E : $TGB I like
03:44 pm Nicholas Winton : great fundies, chart, mgmnt and also- some insider buying
03:44 pm Nicholas Winton : in the last month or two
03:45 pm Nicholas Winton : $TGB traded at 50c in 2008 after copper crashed in 2008
03:45 pm Nicholas Winton : and within 2 years was back as high as $7
03:45 pm Nicholas Winton : as copper surged back up
03:45 pm Mathew Waterfall : copper(blue line) vs $SPX weekly bars http://tos.mx/TXpFLy
03:45 pm Mathew Waterfall : $TGB looks really good here. I think copper can rally without the greater market
03:46 pm Nicholas Winton : $TGB also has a huge undeveloped gold project called Prosperity
03:46 pm Nicholas Winton : much to like in $TGB followed for many years
03:46 pm Mathew Waterfall : Yepp that’s a logn term buy and hold
03:46 pm Nicholas Winton : $TGBeast
03:47 pm Mathew Waterfall : lol
03:48 pm Mathew Waterfall : @fxmacro Follow MoreU.S. ENERGY DEPARTMENT SAYS WILL SELL 10 MLN BARRELS OF OIL FROM STRATEGIC PETROLEUM RESERVE IN LATE FEBRUARY AS MANDATED BY 2016 LAW
03:49 pm Mathew Waterfall : Well that thickens the plot a bit here
03:49 pm Curtis M : hmmm
03:50 pm Mathew Waterfall : So many possibilities to what could be going on, none of which I am considering are inocent lol
03:51 pm Curtis M : I dont thnk Trump is a mistake the more I thnk about it
03:52 pm OILK K : $CLF earnings tomorrow and its got some momentum
03:53 pm Curtis M : I’m all conspiracy now.
03:53 pm Mathew Waterfall : After what went on with $X, $CLF makes me nervous
03:53 pm Mathew Waterfall : lol conspiracies are fun to think about until they take you down the rabbit hole
03:54 pm Curtis M : some traders I know on Twitter I losing their sh*t on each other….. I think “this” is getting to everyone
03:55 pm Curtis M : optionsavvy on twitter great guy losing it and others
03:55 pm Mathew Waterfall : Part of being in this game is adapting. I know a couple others doing the same thing
03:56 pm Curtis M : wisdom
03:57 pm Curtis M : at 1254 sh I gotta call Gold gone and I gotta admit I missed the whole move and then even worse i am a chaser lol
03:58 pm Mathew Waterfall : I hope it gets there so we can all make money on the blast off volume 2
03:58 pm Nicholas Winton : gold’s next leg up will power the juniors like THM
03:59 pm Nicholas Winton : that havent moved
03:59 pm Nicholas Winton : and the venture stocks
03:59 pm Curtis M : thats my hope
04:00 pm Mathew Waterfall : Super cheap premiums on a lot of those names on the options side right now. MEtals need to keep climbing and they will catch fire
04:00 pm Mathew Waterfall : Have a good ngiht all. See ya bright and early
04:00 pm Curtis M : cya
04:00 pm Lenny E : bye

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