Compound Trading Premarket Trading Plan & Watch List Thursday Aug 2, 2018.
In this edition: Earnings, Trump, Tariffs, $TSLA, OIL, $SPY, $TRIP, $FEY, $WYNN, $GOOGL, $FB, $AGN, $REGN and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notices:
Notes in red text in this report are more recently important.
Scheduled Events:
- Thursday Aug 2 – Live Trading Room with lead trader and/or other team members as follows and as available (constant change in the markets);
- 9:25 Market Open – access limited to live trading room members
- 12:00 Mid Day Trade Review – access limited to live trading room members
- Any other live trading sessions will be notified by email.
- The above listed times are expected live trading time blocks only. Live voice broadcast will only occur if there is a trade set-up to discuss by the lead trader. Screen sharing will be active through-out each time frame.
- Link: https://compoundtrading1.clickmeeting.com/livetrading
- Password: **** (email for access if you do not have it, password changes will be emailed when changed only)
- For membership access, options here: https://compoundtrading.com/overview-features/
- Any questions send me an email [email protected]
- July 29-Aug 2 – Weekly newsletter reporting and invoicing distributed to members (in order of priority).
- July 23-Aug 7 – Swing trading reports to include video chart analysis recaps for the 100 equities we cover (from mid day swing trading reviews) and sent to our subscribers daily in lieu of the weekly swing trading report (mailing list subscribers receive a delayed complimentary version without algorithmic real-time charting).
- July 31-Aug 14 – Next generation algorithm models roll out in to August 14, 2018 (machine trading Gen 1).
- July 31-Aug 14 – New pricing structure published representing next generation algorithm models (existing members no change).
- July 31-Aug 14 – Trading Profit and Loss Published for Q1 and Q2 2018 (a report detailing trading / alert performance of our team).
- Complete, Santo Domingo – #IA Intelligent Assisted Platform (private, internship & staff training / development).
- Aug 25-26, Santo Domingo – Oil Algorithm (EPIC) Multi-User License Trade Execution & Integration (private invitational, institutional).
- Sept 14-16, Cabarete – Trade Coaching Event – Learn How to Trade or Take Your Trading to the Next Level (public, retail).
Machine Trading Coding Team Mandate: In current development and roll-out (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning.
Premarket Report: On lead trader availability basis only (the premarket reports are not published every market day).
Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
Real-time Trade Alerts:
Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds. Oil Trading Alerts, Swing Trading Alerts, Day Trading Alerts, Bitcoin Trading Alerts.
Disclaimer / Disclosure:
Subscribers must read disclaimer.
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Up Reports:
See You Tube for other recent video posts. Listed from most recent. Much of the premium member reporting posted here is delayed.
Password: selloff Protected: Trading Facebook (FB) Earnings Wash-out on Revenue Growth Warning (Member Edition) $FB #trading
Password: AR, Protected: Swing Trading Report (Members): Earnings Season Charting July 24 $RIOT, $CELG, $ARWR, $EXTR, $EDIT, $SOHU, $ESPR, $LPSN, $XOMA …
Password: WOW, Protected: Swing Trading Report (Members): Earnings Season Charting July 24 $SPY, OIL, $VIX, $DXY, $GOOGL, $HCLP, $ARRY, $ARWR, $CDNA, $XXII, $SSW
Unlisted Private Member Video – Swing Trading Special Report $CELG, $RIOT, $ARWR, $EXTR, $EDIT, $MBRX, $SOHU, $ESPR, $LPSN, $XOMA.
Unlisted Private Member Video – Swing Trading Special Report $SPY, OIL, $VIX, $DXY, $GOOGL, $HCLP, $ARRY, $ARWR, $CDNA, $XXII, $SSW
Unlisted Private Member Video – Swing Trading Set-ups Special Report; $VIX, $DXY, $SPY, $DIS, $RCL, $RKDA, $SQ, $HEAR, $TGTX, $SMIT
“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.
How to Swing Trade Like the Pros and Win Most Trades. #swingtrading #freedomtraders
Password: IC Protected: How to Trade Allergan (AGN) Stock Move (Exclusive) $AGN #swingtrading #daytrading #chart
Password: TRADEAAPL Protected: Trading Apple’s Stock Move (Member Exclusive) $AAPL #swingtrading
Password: SWINGDXY, Protected: Trading US Dollar Index (Part 2 – Member Exclusive) $DXY $UUP #USD #SwingTrading #Daytrading
Password: swing Protected: Trade Set-Ups w/ Video #EIA, Oil, $TSLA, $NFLX, $ESPR, $PG, $AAPL, $SPY, $CARA, $EGY, $GERN, $BPT more. #swingtrading
Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm https://compoundtrading.com/feature-post-with-charting-how-to-trade-the-us-dollar-index-move-part-1-dxy-uup-usd-trading-chart-algorithm/
Recent Educational Articles / Videos:
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
32 Stocks Moving In Thursday’s Pre-Market Session https://benzinga.com/z/12127235 $DXCM $STAA $RUBI $TSLA $FTNT $ETP $WIFI $RRGB $EXAS $TRIP $HUBS $TEVA $W $FEYE $WYNN
32 Stocks Moving In Thursday's Pre-Market Session https://t.co/beblPg8FqA $DXCM $STAA $RUBI $TSLA $FTNT $ETP $WIFI $RRGB $EXAS $TRIP $HUBS $TEVA $W $FEYE $WYNN
— Benzinga (@Benzinga) August 2, 2018
$TSLA charges ahead with shares soaring more than 9% pre-market https://www.cnbc.com/2018/08/01/tesla-could-see-a-9percent-move-higher-or-lower-when-it-reports-earnings.html …
$TSLA charges ahead with shares soaring more than 9% pre-market https://t.co/YUFLAXGRwV pic.twitter.com/COdJRuSOel
— Trading Nation (@TradingNation) August 2, 2018
Market Observation:
Markets as of 8:56 AM: US Dollar $DXY trading 94.66, Oil FX $USOIL ($WTI) trading 67.26, Gold $GLD trading 1216.90, Silver $SLV trading 15.39, $SPY 280.86, Bitcoin $BTC.X $BTCUSD $XBTUSD 7542.00 and $VIX trading 14.2.
Momentum Stocks to Watch:
Piper says Tesla quarter should give bears pause, ups target to $389 $TSLA http://dlvr.it/QdZ649
News:
Dow set to open nearly 200 points lower after President Trump threatens to increase tariffs even more on Chinese goods. Crude oil also falling while #bitcoin futures hovers right above $7,500
Dow set to open nearly 200 points lower after President Trump threatens to increase tariffs even more on Chinese goods. Crude oil also falling while #bitcoin futures hovers right above $7,500 pic.twitter.com/bGxf7yvO0A
— CNBC Futures Outlook (@FuturesOutlook) August 2, 2018
$EVFM Topline Data From Phase 3 Trial of Amphora for Hormone-free Contraception late 2018.
Recent SEC Filings:
Recent IPO’s:
Shares in Mike Novogratz’s crypto-focused merchant bank lost 20% during their trading debut on major Canadian stock exchange TSX
Shares in Mike Novogratz’s crypto-focused merchant bank lost 20% during their trading debut on major Canadian stock exchange TSX https://t.co/CIF7cIAQy2
— Crypto the BTC Algo (@CryptotheAlgo) August 2, 2018
Earnings:
Tech Reseller CDW Tops Second-Quarter Sales, Profit Targets
Regeneron Tops Second-Quarter Sales, Earnings Views
Regeneron Tops Second-Quarter Sales, Earnings Views https://t.co/IyofMJrHTI
— Investors.com (@IBDinvestors) August 2, 2018
#earnings for the week
$AAPL $TSLA $CAT $SQ $CHK $SHOP $BIDU $STX $IQ $SOGO $AKS $X $BP $PG $ON $ATVI $PFE $WYNN $FIT $TEVA $FDC $TNDM $MRO $WLL $ANET $L $LL $FTR $SLCA $CMI $ILMN $REGN $SNE $W $IOTS $P $APRN $SEDG $BAH $RIG $EXEL $GPRO $NVRO $TTWO
http://eps.sh/cal
#earnings for the week$AAPL $TSLA $CAT $SQ $CHK $SHOP $BIDU $STX $IQ $SOGO $AKS $X $BP $PG $ON $ATVI $PFE $WYNN $FIT $TEVA $FDC $TNDM $MRO $WLL $ANET $L $LL $FTR $SLCA $CMI $ILMN $REGN $SNE $W $IOTS $P $APRN $SEDG $BAH $RIG $EXEL $GPRO $NVRO $TTWO https://t.co/r57QUKKDXL https://t.co/OGWIICg2pl
— Curtis Melonopoly (@curtmelonopoly) July 30, 2018
Earnings this week
Mon – $CAT $AKS $SPWR $STX $ILMN $SPG $FDC
Tue – $AAPL $BIDU $SHOP $PFE $P $LL $AKAM $FTI
Wed – $TSLA $X $S $SQ $CHK $FIT $WYNN $FEYE $MRO $TRIP
Thu – $GPRO $ATVI $SHAK $TTWO $REGN $MGM $AIG
Fri – $PBR $CBOE $FIZZ $TM
Earnings this week
Mon – $CAT $AKS $SPWR $STX $ILMN $SPG $FDC
Tue – $AAPL $BIDU $SHOP $PFE $P $LL $AKAM $FTI
Wed – $TSLA $X $S $SQ $CHK $FIT $WYNN $FEYE $MRO $TRIP
Thu – $GPRO $ATVI $SHAK $TTWO $REGN $MGM $AIG
Fri – $PBR $CBOE $FIZZ $TM https://t.co/BrJnctSA18— Stocktwits (@Stocktwits) July 30, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
TESLA (TSLA) premarket trading 330.27 up 9.78% on Elon apology – earnings call. $TSLA #premarket #swingtrading
TESLA (TSLA) premarket trading 330.27 up 9.78% on Elon apology – earnings call. $TSLA #premarket #swingtrading
Please refer to the date at top left of each chart (charts are often carried forward for sometime).
Trading Alphabet – Google on shorter time frames for daytrading and trade entries and trims for swing trading and investing. $GOOGL
Trading Alphabet – Google on shorter time frames for daytrading and trade entries and trims for swing trading and investing. $GOOGL
Oil Chart (Monthly). Trade still working the range between 100 MA and 200 MA on monthly. July 23 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade still working the range between 100 MA and 200 MA on monthly. July 23 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Hi Crush Partners Testing 200 MA on weekly with Stochastic RSI turn up, MACD turn on weekly. Looking for big trade. #swingtrade #daytrade $HCLP
Hi Crush Partners Testing 200 MA on weekly with Stochastic RSI turn up, MACD turn on weekly. Looking for big trade. #swingtrade #daytrade $HCLP
Biotechnology Fund (IBB) Closed 115.41 just under key resistance 122.31. Bullish PT 142.21 Nove 30 bearish 102.57 $IBB #swingtrading
Biotechnology Fund (IBB) Closed 115.41 just under key resistance 122.31. Bullish PT 142.21 Nove 30 bearish 102.57 $IBB #swingtrading
ALLERGAN (AGN) swing trade continues, 180.28 resistance hit, over then targets 184.62 main resistance Aug 16. $AGN #swingtrading
ALLERGAN (AGN) swing trade continues, 180.28 resistance hit, over then targets 184.62 main resistance Aug 16. $AGN #swingtrading
FACEBOOK (FB) Closed Friday just above 50% Fibonacci retrace pivot in trading structure alerted to members $FB #swingtrade #daytrade
FACEBOOK (FB) Closed Friday just above 50% Fibonacci retrace pivot in trading structure alerted to members $FB #swingtrade #daytrade
Scalp to start the day. EPIC the Oil Algorithm $USOIL $WTI $USO #Oil #trading
Scalp to start the day. EPIC the Oil Algorithm $USOIL $WTI $USO #Oil #trading pic.twitter.com/4foUVxkv3z
— Curtis Melonopoly (@curtmelonopoly) July 26, 2018
100% personal alerted oil trade win rate documented, recorded, alerted real time to feed continues for months (we did have one loss alert by a tech a few weeks back). EPIC the Oil Algorithm FX $USOIL $WTI $USO $UWT $DWT #OIl #OOTT #Trading @EPICtheAlgo
100% personal alerted oil trade win rate documented, recorded, alerted real time to feed continues for months (we did have one loss alert by a tech a few weeks back). EPIC the Oil Algorithm FX $USOIL $WTI $USO $UWT $DWT #OIl #OOTT #Trading @EPICtheAlgo pic.twitter.com/pKL1iKE5T1
— Curtis Melonopoly (@curtmelonopoly) July 25, 2018
The $RIOT daytrade from yesterday went well: 7.30s – 8.40s nice mover and returns.
Working well #daytrading #towin $RIOT #blockchain pic.twitter.com/CyaVAM35UB
— Curtis Melonopoly (@curtmelonopoly) July 24, 2018
Arrow Pharmaceuticals (ARWR) Over mid quad resistance. Long side bullish bias. $ARWR #swingtrading #earnings
Arrow Pharmaceuticals (ARWR) Over mid quad resistance. Long side bullish bias. $ARWR #swingtrading #earnings
EDITAS MEDICINE (EDIT) Keeps hitting mid channel targets on chart testing 200 MA $EDIT #pricetargets #chart
EDITAS MEDICINE (EDIT) Keeps hitting mid channel targets on chart testing 200 MA $EDIT #pricetargets #chart
Celgene (CELG) trading 86.81 with earnings in one day at quad wall resistance over mid quad support $CELG
Celgene (CELG) trading 86.81 with earnings in one day at quad wall resistance over mid quad support $CELG
Goldman warns of liquidity-fueled sell-off after ‘volmageddon’ https://bloom.bg/2v1ggWS
Bitcoin trading like a conventional equity now. Launched off 50 MA testing 100 MA resistance soon. $BTCUSD $BTC #Bitcoin #premarket https://twitter.com/CryptotheAlgo/status/1019561358600409088
Bitcoin trading like a conventional equity now. Launched off 50 MA testing 100 MA resistance soon. $BTCUSD $BTC #Bitcoin #premarket
US Dollar Index (DXY) Chart. Perfect move from structure to structure at resistance now to next possible. $DXY $UUP #USD #swingtrading #dollar
US Dollar Index (DXY) Chart. Perfect move from structure to structure at resistance now to next possible. $DXY $UUP #USD #swingtrading #dollar
Gold chart monthly – trade sitting on 50 MA test and under bottom trendline. #Gold #Chart $GLD $XUAUSD $GC_F
Gold chart monthly – trade sitting on 50 MA test and under bottom trendline. #Gold #Chart $GLD $XUAUSD $GC_F
SILVER likely to get a bounce at pivot area to test underside of diagonal trend line #onwatch
SILVER likely to get a bounce at pivot area to test underside of diagonal trend line #onwatch
Market Outlook, Market News and Social Bits From Around the Internet:
#5things
-Trump polices rattle markets
-Bank of England decision
-Tesla burns less cash
-Markets drop
-Coming up…
https://bloom.bg/2LSoIlU
Your Thursday morning Speed Read:
– $CBS hired 2 law firms to probe harassment claims against CEO Les Moonves
– Brokerage disruptor @RobinhoodApp Wed. opened extended hours trading to all users
– China: “fully prepared” for U.S. threats to escalate the trade war $SPY $FXI
Your Thursday morning Speed Read:
– $CBS hired 2 law firms to probe harassment claims against CEO Les Moonves
– Brokerage disruptor @RobinhoodApp Wed. opened extended hours trading to all users
– China: "fully prepared" for U.S. threats to escalate the trade war $SPY $FXI— Benzinga (@Benzinga) August 2, 2018
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(1) Pre-Market Gainers Watch-List: $IHT $DCXM $ESIO $STAA $NSYS $TSLA $RUBI $BIOC $MDXG $GIL $ENLK $FTFT $YANG $TVIX $ETP $UVXY $HLIT $VLRX $VXX $HEAR $CENX $RACE $ZNGA $DWT $FIT
(2) Pre-market Decliners Watch-List :
(3) Other Watch-List:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.
(5) Recent Upgrades: $ENLK $LYG $QTS $GSS $EC $HUBG $CENX $CVE $MDC $TSLA $DIN $UNVR $ZYME $ETE $ENLK $RACE
$TSLA Oppenheimer analyst Colin Rusch upgraded the stock to Outperform with a price target of $385
(6) Recent Downgrades: $CRTO $PUB $CCRN $RRGB $RACE $CIM $HBI $VRSK $BG $JHG $BG $IQ
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly
Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, Earnings, Earnings, Trump, Tariffs, $TSLA, OIL, $TRIP, $FEY, $WYNN, $GOOGL, $FB, $AGN, $REGN
