Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Dec 29 – $IAG, $AUY, $JNUG, $NUGT, $KOOL, $MDSY, $FBIO, $TBIO, $CETX, $TRX, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.
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Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:
Algorithm target in site. Crude algo intra work sheet 154 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Momentum Stocks Today:
Some of the note-ables we were on top of today were; $IAG, $AUY, $JNUG, $NUGT, $KOOL, $MDSY, $FBIO, $TBIO, $CETX, $TRX
$KOOL momentum trade went well but left too much on the table.
$DUST, $CBMX, $JUNO
Per yesterday (and days prior):
I need to exit $DUST and entered it and held because I was convinced USD/JPY would at minimum do a major spike up to end the rally – but not so lucky. $CBMX and $JUNO are holds in to spring if necessary – that was the plan anyway.
We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.
The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:
The algorithm Twitter feeds can be found here: $WTI (), $VIX (), $SPY (), $GLD (), $SLV (), $DXY (@DXYUSD_Index).
Announcements in Trading Room:
08:54 am Curtis M : Morning! Gainers: $FBIO $ETRM $SHLD $CAPN $SMI $PBMD $DYN $NAK $DRAM $ANTH $TLK $SSL $NUGT $GFI $AUY $AU $MBLY $DRYS
Member PreMarket Newsletter Thurs Dec 29 $FBIO $ETRM $CBK $SHLD $NAK $PBMD $GLD $GDX $NUGT $SLV $USLV $UWT https://compoundtrading.com/premarket-newsletter-thurs-dec-29-fbio-etrm-cbk-shld-nak-pbmd-gld-gdx-nugt-slv-uslv-uwt/
Stock Chat-room Trading Transcript:
Miscellaneous chatter may be removed.
09:15 am Mathew Waterfall : You guys are stuck with my screen for the first part of today and I am in some $NUGT at 7.35 pre market. Will let this run for a bit to see where Gold ends up
09:21 am Curtis M : $FBIO $GALT $ETRM are my opening bell watches
09:23 am Mathew Waterfall : I’m watching for a $CNAT bounce as well as a play in $GNRT and possibly $BCEI
09:25 am MarketMaven M : $KOOL $PBMD on my list too
09:28 am Mathew Waterfall : Just running through a few names there.
09:28 am Mathew Waterfall : Let’s see what this open brings
09:35 am Mathew Waterfall : I’m goig $GNRT long against LOD stop at 4.75. 4.87 purchase price for me
09:35 am Curtis M : Long $KOOL 1000 3.28
09:37 am Curtis M : $KOOL 3.435 3000
09:38 am Mathew Waterfall : $GNRT stop hit. arg
09:39 am Curtis M : 3.532 avg out 4000 $KOOL
09:46 am Mathew Waterfall : $NUGT making highs
09:50 am Mathew Waterfall : Won’t hesitate to get out of $NUGT for a quick win with the way it has been headfaking lately
09:51 am Curtis M : $CNAT $NXTD acion but no play
09:52 am Curtis M : $KOOL I had a hard time moving in with any size and chipping out so caution with volume today
09:53 am Curtis M : Great move in $NUGT but Im not convinced USDJPY done so Im missing out ugh
09:53 am Mathew Waterfall : Yepp I’ve seen the same thing with orders not getting filled
09:53 am Curtis M : Congrats Mat!
09:53 am Mathew Waterfall : I have a 10 cent trailer on $NUGT so it if gets whacked I’m still up large on it
09:54 am Mathew Waterfall : I won’t hold it overnight if somehow it doesn’t get hit today
09:55 am Mathew Waterfall : Also likely legging in to some $USLV. Small chunks as we try to find a bottom
09:56 am Mathew Waterfall : There’s stop on $NUGT. 7.35-7.77. I’ll take it for a win before 10
09:56 am Sammy T : Buying $CNAT on dips as possible
09:57 am Cara R : $ROX vol
10:01 am Mathew Waterfall : $AUy and $IAG on watch here. May start legging in to those as well
10:02 am Mathew Waterfall : USD/JPY rejected on backside of fib at 116.82. Good for gold
10:04 am coji j : $NVDA rocket
10:05 am Frank T : Banked on $KOOL cooool thanks!
10:06 am Frank T : $NUGT long
10:07 am Kipp W : scalpng nvda
10:07 am Mathew Waterfall : Got out of $NUGT a bit early lol. Might reenter on a pullback if we get one
10:07 am Mathew Waterfall : In both $IAG and $AUY small to start
10:12 am Curtis M : EIA on deck
10:13 am Curtis M : 11 am
10:16 am Curtis M : See some guys starting to short $KOOL here ummmm mot sure
10:18 am Mathew Waterfall : $KOOL ran on basically a rumor and a large buy. Would be cautious here
10:20 am Curtis M : $TX $IAG $AUY all interesting not as sure about $TRX – good calls Mat
10:23 am Mathew Waterfall : $GV also resuming the uptrend here. Like that name as wel
10:23 am Mathew Waterfall : I’m not getting overly excited about gold and miners here yet but starting to add a few and get interested for the first time in a while
10:27 am Mathew Waterfall : No volume out here for th most part. Other than the two play sposted and small miner swings it doesn’t look like I’m going to get much action
10:29 am Mathew Waterfall : Looking at a couple swing short tries here. Gone next week though so not looking to load the boat here
10:40 am Mathew Waterfall : $CTXS short try here. This name wants lover
10:41 am Mathew Waterfall : Swing entry so I’m not expecting O/N success. Playing against yearly high and legging in. Will add if it goes either direction most likely
10:46 am Carol B : In $ELGX some
10:46 am Mathew Waterfall : I would like to see $GDX get over the 50% fib at 22.1 beofre I get super confident here. Also has the 5- day at 21.91 and falling to hurdle which should happen about the same time the 9/15 make a bullish cross
10:52 am coji j : $SYRX small long side
10:53 am Mathew Waterfall : Finally getting out rounded top in USD/JPY? What do you think Curt? I say yes but I’ve had these thoughts beofre
10:53 am Curtis M : USDJPY I keep waiting for the finale lol
10:54 am Curtis M : Cost me a lot of money that little stupd bias
10:54 am Curtis M : missed trades
10:55 am Mathew Waterfall : If we can get back over 118.66 Then maybe more upside but this thing has run a lot so my bias is to the downside
10:55 am Curtis M : Ill start trading between fibs
10:55 am Mathew Waterfall : But looking at dec 2015 and jan 2016 you’re one more surprise theory does hold some weight
10:55 am Mathew Waterfall : It faded that jammed it up again in our faces at the end of jan before falling off quickly
10:56 am Curtis M : Kuroda mad man
10:58 am Jack D : All makes more sense now guys!
10:59 am Cindy L : I followed u on those Mat thanks!
11:00 am Carol B : awesome thanks guys!
11:02 am Mathew Waterfall : Totally forgot about numbers in crude this morning. Doesn’t look like we missed much over there as /CL is trying to stay even on the day
11:03 am Curtis M : Crude calm
11:03 am Curtis M : It will be untl machines back from beach
11:06 am Kipp W : $AGI $SYRX nice
11:13 am Curtis M : So when gold at that green arrow and back tested Im long a bunch of gold and miner related
11:18 am Mathew Waterfall : USD/JPY just rejected hard off of the 9 day on the 5′. Been under that all day
11:33 am Mathew Waterfall : USD/JPY got a little bounce. Looking for break of 116.225 there which chould give Gold the boost over 1170-1180 range
11:40 am Cara R : I was in at quad break 🙂
11:41 am lenore l : I was in 3 mins before but I see why ur waiting Curt
11:41 am lenore l : Mathew hit it perfect
11:42 am Curtis M : Yeah Mathew what a fricken great trade whoot whoot
11:42 am Mathew Waterfall : That premarket buying was the tip off for me.
11:43 am Mathew Waterfall : Will keep my $IAG and $AUY positions on a short leash and likely have the main gold screens up all day to keep an eye on things. I like Silver here as well $USLV working as well
11:44 am Mathew Waterfall : Buy was 11.68 when I noted it earlier this morning. Will add over HOD likely
11:44 am Mathew Waterfall : /SI needs to stay >16 or I’m out of that one
11:47 am Curtis M : 20 min break
11:52 am Mathew Waterfall : Indexes going red here. Should help the metals get boost. I expect some tax selling coming up with a mix of bond buying and gold/silver buying if this trend continues. We see 1180-1200 on gold and 22.1 on $GDX and I will get fully behind it
11:56 am Tyler H : Holy sh@t batman indicator dashboard there!!! bahaha whoa
11:56 am Curtis M : lol
11:57 am Curtis M : u can code it all too
11:58 am Curtis M : back in 10
11:59 am Mathew Waterfall : $USLV HOD and $TLT also working. I’m really expecting some heavy bond buying next week as big money does a little rebalancing.
12:01 pm Mathew Waterfall : 122.4 first level I’m looking for in $TLT. 50% fib and 5o day confluence if we get there next weekish
12:09 pm Mathew Waterfall : $OPXA on the rise. I’ve been waiting for this thing to break out. Sooner or later I will get my pop
12:15 pm Cara R : Here comes $OPXA
12:16 pm Paul M : $KATE crazy
12:18 pm John M : $TLT in good shape imo
12:18 pm Mathew Waterfall : Took a rung out of $OPXA at 1.07X. Hit it from mid 90;s and it’s bounced like this only to fall back this week. Will reload again in mi 90’s if it falls back
12:19 pm Mathew Waterfall : $IPCI also seeing some OK action today for another non metals name. Flood looks to be at 2.8 with a big buy there all morning
12:20 pm John M : $IPCI I have small position. I think it will explode eventually.
12:21 pm Mathew Waterfall : Same here. It doesn’t seem to be in a hurry but I like it long term
12:23 pm Cara R : $CBAK guys
12:24 pm Cara R : $GRBN $TBIO too
12:25 pm coji j : I would confirm $IPCI too – its going to go north soon
12:26 pm Curtis M : Hey guys – looks lke a good afternoon setting up – back from lunch but…
12:27 pm Curtis M : Mathew – I’ll be here watching but getting ready for media stuff that starts tomorrow and runs all Jan – of course I left it to last second lol – but I’ll be hre
12:27 pm Carol B : Post a list of stuff your booked on Curt
12:27 pm Mathew Waterfall : Sounds good. Just remember to smile and picture them naked or something like that
12:27 pm Curtis M : Ya ok Twitter and here Iw ill
12:28 pm Curtis M : I think Im only doing first one then Sartaj hopefully dong rest lololol
12:28 pm Curtis M : Socially deficit
12:32 pm Cara R : $NVDA more moves wow
12:33 pm Greg L : $XGTI vol
12:33 pm Mathew Waterfall : I’m also watching $MU and $AMD but can’t get too excited about going long here. I think they bounce but I’m not playing
12:33 pm lenore l : Big block on $SPY
12:34 pm Kipp W : $XGTI thats the PR deal done
12:35 pm Jack D : $DRAM r/g boys
12:36 pm Sammy T : $FNCX in some long for swing
12:44 pm Mathew Waterfall : $AUY add on this little pullback. Swing position holding for a month + unless we make new lows
12:45 pm Paul M : $NDEV loooking good
12:49 pm Jack D : In small $TLOG $NVDA $XGTI
12:51 pm coji j : $XGTI 19%
12:51 pm coji j : pop
12:52 pm coji j : $NVDA HOD
12:55 pm Mathew Waterfall : $KSS short looks nice here. Bear flag alerted to me. Also hate retail right now with everyone else failing
12:57 pm Mathew Waterfall : Rounded bottom into a bull flag look right there/cup and handle. $JNUG has the look
01:05 pm Mathew Waterfall : Bonds getting jiggy let’s do this!
01:05 pm Frank T : Your charting is creepy in a cool way curt
01:06 pm Curtis M : Ha hope creepy works
01:06 pm Curtis M : Interesting descrip Frank
01:07 pm Mathew Waterfall : MY GF started out calling me creepy now she’s stuck with me some sometimes it works out
01:07 pm Mathew Waterfall : Of course the one before her started the same way and ended with a restraining order so YMMV. /not serious
01:08 pm Paul M : good one! I think frank means curt has a way of knowing:)
01:08 pm Curtis M : its all in the moons hahaha
01:11 pm Mathew Waterfall : I kid you not, I saw some BS about trading with moon phases. Like this BS doesn’t stop. Moon phases tell you how to position yourself? Really?
01:11 pm Curtis M : ha
01:18 pm Cindy L : My $CETX gonna hit any moment
01:21 pm lenore l : $CETX looks really good
01:30 pm Frank T : Wow $XGTI
01:30 pm Mathew Waterfall : $XGTI with gaps on both sides I was just looking at that
01:30 pm Mathew Waterfall : Could fill up to 1.73, or keep going down lol
01:31 pm Frank T : Bonds James Bonds up
01:32 pm Curtis M : Royal family news chatter
01:34 pm Paul M : moar $XGTI here in again
01:36 pm lenore l : $IBTX Paul thats where you want moar
01:37 pm coji j : $OVAS waking
01:38 pm Curtis M : Too much winning
01:39 pm Curtis M : $AUY $IAG surprised no pull back of any consequence
01:39 pm Mathew Waterfall : Same here. I wanted to add more and was waiting for mid 80’s on both
01:40 pm Mathew Waterfall : that’s why I added at .945 on $AUY
01:40 pm Mathew Waterfall : Will still add more on a pullback though. Some with $USLV
01:43 pm Mathew Waterfall : In a couple thousand og $XGTI at 1.579 for a gap fill. tight trailer, not getting bruned on this
01:43 pm Mathew Waterfall : haha good timing!
01:44 pm Curtis M : https://twitter.com/topdowncharts/status/814536212404785156 bonds
01:45 pm Mathew Waterfall : Yepp I like it. We’re all seeing similar spreads it looks like. I love bonds here
01:46 pm Curtis M : I hate to be the guy…. but we’ve been spot on in here – the whole room has been actually for a few weeks
01:46 pm Frank T : Stupid on hehe
01:47 pm Mathew Waterfall : Of course things turn quickly but yea we are doing alright as of late lol
01:47 pm Mathew Waterfall : Stop at flat on $XGTI FYI
01:48 pm Curtis M : Sartaj publishing my PL tonight – hopefully Dec was ok – choppy
01:48 pm Curtis M : Jan gong to be massive tho
01:48 pm Mathew Waterfall : This whole month felt directionless and like I was chasing my tail for the trade of the day. I hate trading that way. new year should give some direction and trends
01:54 pm Curtis M : yup
01:57 pm Mathew Waterfall : I’m short $KSS here against last swing high. Target is down gap fill x2. Chart is something only a mother could love
01:57 pm Mathew Waterfall : Expect it to take a few weeks to get my target
01:58 pm Mathew Waterfall : Short at 49.8009 to be exact
02:03 pm Mathew Waterfall : End of year ramp starting a bit early. I’m basically striking tomorrow’s action form my memory and likely won’t be trading it
02:15 pm Jack D : BLOCK TRADE: $SPY 502,596 shares @ $224.38 [14:14:25]
02:17 pm Paul M : Long $OPK
02:18 pm Frank T : We banking on $CETX
02:19 pm Curtis M : $CETX great call guys
02:20 pm Mathew Waterfall : Nicely done on $CETX. My focus was elsewhere like playing $XGTI for a scratch lol
02:20 pm Curtis M : Lots of $SPY blocks
02:21 pm Mathew Waterfall : End of year positioning probably
02:21 pm Mathew Waterfall : Or Yellen trying like hell for once last ramp. Very possible
02:23 pm Curtis M : Plunge team for sure
02:23 pm Curtis M : When this USDKPY run is over that should be it imo
02:23 pm Curtis M : USDJPY
02:24 pm Mathew Waterfall : When you see thos huge buys and the huge green bars, you know what’s going on back there
02:24 pm Mathew Waterfall : Gold actually holding up werll in the face of it
02:25 pm Curtis M : 8 pm tonight 7am tomorrow 2:30 PM tomorrow 9 PM on the 1st take your pick
02:25 pm Mathew Waterfall : So start the new years partying today is what I hear you saying
02:25 pm Curtis M : lol hope Im right
02:28 pm Curtis M : Gold is saying tomorrow early afternoon IMO
02:29 pm Mathew Waterfall : Couldn’t crack it with that ramp and the miners still seeing bid support. All good IMO
02:30 pm Curtis M : Or Gold and miners could just go early too lol
02:31 pm Curtis M : Gold bulls could very easily front run
02:32 pm Mathew Waterfall : There’s a lot of pent up agrresion there and likely some late to the party shorts as usual. Plenty of stops to hit just above around 1200 I would think
02:32 pm Curtis M : $CDNX chart is lovely
02:37 pm Curtis M : If I wasn’t gong to hammer down wth everything I have and more on this turn in markets I’d buy and hold $CDNX – thats just me tho not an official call trade your plan lol
02:45 pm Jack D : Long some $VCEL
02:53 pm Curtis M : Guess if USDJPY gets one last pop I’ll pop outta $DUST ugh
02:59 pm lenore l : Long moar $NVDA
03:02 pm Mathew Waterfall : $NVDA play working nicely for those hwo took it. I pulled up the chart this morning and passed on my way to metals. Can’t win them all I guess
03:32 pm Curtis M : Well, calliing it a day – Ill leave room open until 4 pm – just doing homework. I will be on the @Benzinga #PreMarket Prep show tomorrow at 8:15 a.m. ET! Tune in here. if u wish u can DM me cheat note answers lol http://bit.ly/13QlghE
03:33 pm Frank T : cool k
03:33 pm coji j : fun! u will b fine
03:33 pm Curtis M : Thanks:) catcha in morning all
03:34 pm Sammy T : bye bye
03:34 pm Cara R : will check it out!
03:38 pm Mathew Waterfall : Have a good night all! See you tomorrow to cap of 2016
03:39 pm Mathew Waterfall : Goodluck tomorrow Curt. Wear black, I hear it’s slimming lol
03:39 pm Curtis M : 🙂
03:40 pm Curtis M : Im doing this one cause its only voice nobody will see me
03:40 pm Curtis M : Sartaj doing the others hahahaha
03:40 pm Mathew Waterfall : Ahh that’s easy then
03:40 pm Curtis M : yup
Article Topics: $IAG, $AUY, $JNUG, $NUGT, $KOOL, $MDSY, $FBIO, $TBIO, $CETX, $TRX, $DUST, $JUNO, $CBMX, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500