Tag: $UNXL

Post-Market Wed Mar 22 ; $UNXL, $SNAP

Curt MelonopolyPost Market Report (Trade Results), , , , , , , ,

Review of Compound Trading Chat Room Stock Trading, Algorithm Charting Calls and Live Stock Alerts for Wednesday March 22, 2017; $UNXL, $SNAP – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI 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:

Per recent;

Weekly Simple Swing Trade Charting is out:

https://twitter.com/CompoundTrading/status/843442032894865408

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

In play today in chat room; $UNXL, $SNAP

My morning started with a long in $UNXL right at market open (I liked the chart) with a small loss. In 2500 shares at 1.05 out at .99 for a .06 cent loss or 190.00 or so. Then I had an entry long in $SNAP about 20 minutes later that worked well for 500 shares at 21.27 and closed at 21.95 a 350.00 gain – so not a big day. That was all my trading. I had to travel and our room had an outage so the transcript ends around that point anyway.

Premarket trading plan (member post) for Tuesday’s session can be found here:

https://twitter.com/CompoundTrading/status/844531784218017792

Premarket was all about:

Algorithmic Chart Modeling Reports / News:

NA

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

Stocks, ETN’s, ETF’s I am Holding:

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

Note-able Stocks Today (via FinViz):

Ticker Last Change Volume Signal
MBRX 1.33 24.30% 24412900 Top Gainers
VNCE 1.90 22.58% 1539100 Top Gainers
IDRA 2.49 19.14% 8753210 Top Gainers
ALBO 23.78 17.14% 33315 Top Gainers
CPSH 1.58 17.04% 172600 Top Gainers
IDXG 2.86 16.73% 9904700 Top Gainers
VRAY 7.52 5.03% 1588098 New High
RBCN 0.87 4.15% 1507496 New High
XENE 9.35 11.31% 449300 New High
CNCE 18.43 8.41% 874800 New High
CLNT 3.08 16.23% 643095 Overbought
FIZZ 79.68 1.04% 227141 Overbought
DDJP 26.29 -2.01% 101838 Unusual Volume
FTXO 25.47 0.08% 6153400 Unusual Volume
SMLR 2.30 -22.03% 347876 Unusual Volume
MBRX 1.33 24.30% 24412900 Unusual Volume
ABBV 65.52 0.26% 5654400 Upgrades
ADGE 0.30 -7.51% 91771 Earnings Before
DCO 27.17 -1.63% 123900 Insider Buying

Swing Trading Reports / News:

The quarterly performance report link is above in the intro to this post – we have been killing and below are some of the recent simple swing trading charts.

The Markets Looking Forward:

Last weekend we produced some simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.

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

https://twitter.com/CompoundTrading/status/843404659993731072

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

Results are in for Gold trading vote:

https://twitter.com/CompoundTrading/status/843410816565039104

Silver $SLV:

https://twitter.com/CompoundTrading/status/843414571817693184

https://twitter.com/CompoundTrading/status/843415778812604417

Crude Oil $USOIL $WTI:

https://twitter.com/CompoundTrading/status/843409023730835457

https://twitter.com/CompoundTrading/status/843410816565039104

Volatility $VIX:

https://twitter.com/CompoundTrading/status/843405940875444224

$SPY S&P 500:

https://twitter.com/CompoundTrading/status/843402575152013312

https://twitter.com/CompoundTrading/status/843401400084135936

$NG_F Natural Gas:

NA

Live Trading Chat Room Transcript: (on YouTube Live):

 

Compound Trading Stock Chat-room Transcript:

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

Important note: Unfortunately we had an outage and only the first part of the day is in this video. We are testing another platform next week FYI.

6:57 AM
Compound Trading ​PreMarket Trading Plan Wed Mar 22 $DLTH, $UNXL, $MBRX, $SNAP, $PULM, $UWT, $NUGT https://compoundtrading.com/premarket… Password: PRE0322

7:10 AM Flash G ​Mornin!

7:11 AM MarketMaven M ​hey snazzy flash

7:13 AM Curtis Melonopoly ​Morning

7:13 AM Flash G ​Mornin

7:15 AM Curtis Melonopoly ​on watch $DLTH $PULM $MBRX $UNXL $SNAP $USOIL $GOLD

7:16 AM Flash G​ FITCH DOWNGRADES SAUDI ARABIA TO A+ FROM AA-

7:16 AM Flash G ​BITCOIN down again

7:17 AM Flash G ​FedEx blamed rising fuel costs for the miss

7:20 AM Curtis Melonopoly​ Large gap possible for $UNXL

7:21 AM Flash G ​@bespokeinvest 54s55 seconds ago More FedEx $FDX set to gap up 3.5% on earnings. Will be its 4th big gap higher in reaction to its last six earnings reports:

7:26 AMCurtis Melonopoly​on mic

7:29 AMCurtis Melonopoly​add $IDXG $IDRA To watch

7:32 AM MarketMaven M ​Long $UNXL start 1.01 1000 shares

7:33 AM Curtis Melonopoly ​1.05 long $UNXL test 2500

7:35 AM Curtis Melonopoly ​stop .99

7:38 AM MarketMaven M ​$IDXG on the move

7:38 AM Curtis Melonopoly ​stopped .99 should have had stop at .94 like audio explained but don’t trust it

7:39 AM Curtis Melonopoly ​small loss 

7:40 AM MarketMaven M ​I’m holding – stop under low of day .89

7:42 AM Mathew w ​Back in CHK after getting stopped out a week or two ago. Many of these names look like they are trying to find a bottom here

7:43 AM Flash G ​Market may be a flat fay today

7:43 AM Flash G​ Flat day

7:43 AM Flash G ​Big wins on those Mathew if they start crackin!

7:43 AM wintonresearch ​insider buying in miner $GSS

7:44 AM Flash G ​$IDXG I might play – not my specialty but strong

7:44 AM Flash G ​Likely not

7:44 AM Mathew w ​I think so Flash, longer timeline needed but they should get some steam IMO

7:44 AM Flash G​ How big was the buy Nicholas?

7:44 AM Mathew w​ Oil market is propped up and XLE showing OK strength for once in a crappy market

7:45 AM Flash G​ Yes

7:45 AM Mathew w​ Out my SLW I played for earnings. This thing has been a turd so I’m legging out while I can. I think it goes higher sooner or later but in the past it hasn’t acted well

7:45 AM Flash G ​@bespokeinvest 6 minutes ago All Four FANG stocks quickly in the green on the day.

7:46 AM Flash G ​$IDXG VWAP

7:46 AM Flash G​ $SLW has lots of traders I see like it

7:47 AM MarketMaven M ​I was stopped btw oh well

7:47 AM Mathew w ​I like it as well but pull up a chart of the last month and a half and it looks horrible. I’ll put that money elsewhere as I like other miners better

7:47 AM Mathew w ​Not to say it won’t go higher, I just don’ like how it has been trading

7:48 AM Flash G ​I’m watching you Maven – you must be up 90 out of 100 you will be fine

7:49 AM Curtis Melonopoly​ long $SNAP 21.27

7:54 AM Flash G​ You’re right about the 21.15 entry but it has relative strength intra

7:56 AM Curtis Melonopoly​ so ya should have watched closer and proper entry was 21.15 so I have to give it more room than I normally would. watching $SNAP for VWAP test at this point and holding.

7:57 AM Curtis Melonopoly ​EIA on deck 10:30

7:57 AM Flash G​ You are considering a long position at 10:30?

7:58 AM Curtis Melonopoly ​watching for that or failure of $USOIL support yes

8:02 AM Flash G​ $SNAP looks good now Curt

8:05 AM Curtis Melonopoly ​on mic again sorry forgot to mention

8:05 AM Curtis Melonopoly ​stop at 21.27

8:08 AM MarketMaven M ​Long $SNAP 21.75

8:09 AM MarketMaven M ​haha

8:10 AM MarketMaven M ​oh come on ?

8:16 AM Curtis Melonopoly ​$SNAP out 21.95

8:16 AM MarketMaven M ​ok out with ya

8:16 AM MarketMaven M​ 21.92

8:17 AM MarketMaven M ​good call btw on your watchlist pow

8:18 AM Curtis Melonopoly​ break back for oil in 10 mins

8:19 AM wintonresearch ​gdx @ 50 dma

8:19 AM wintonresearch​ trying to break

8:22 AM Flash G​ Gold and Miners it seems are at do or die points. Up seems more likely.

8:25 AM Flash G ​So I’ve studied your oil charts Curt – finally. I see the process. A trader just has to be disciplined in it like anything I suppose. I wish you could publish those quadrants on equities.

8:26 AM Curtis Melonopoly ​on a calm day I’ll show you how to chart them…. they work for your swings with what your trading.

8:26 AM Flash G ​Appreciate that.

8:27 AM Curtis Melonopol y​on mic for petroleum report

8:29 AM Curtis Melonopoly ​eyes on oil ?

8:36 AM Curtis Melonopoly​ no trade just watching oil

8:37 AM Flash G ​Looks bullish to me Curt – being that its holding support area.

8:40 AM Flash G ​Might leg in to $ES_F soon

8:40 AM Flash  G​looks like support area

MarketMaven M ​$FMC strong

MarketMaven M ​$RGSE on watch

MarketMaven M ​Inside buys

wintonresearch ​4 insiders in GSS from late Feb bought about 100k shares total

wintonresearch ​including 22k or so from CEO

 

Be safe out there!

Follow our lead trader on Twitter:

Article Topics: $SNAP, $UNXL – $XOM, $NE, $ONTX, $DUST, $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

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PreMarket Trading Plan Wed Mar 22 $DLTH, $UNXL, $MBRX, $SNAP, $PULM, $UWT, $NUGT

Curt MelonopolyTrading Plan, , , , , , , , , , ,

Stock Trading Plan for Wednesday Mar 22, 2017 in Compound Trading Chat room; $DLTH, $UNXL, $MBRX, $PULM, $SNAP  – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

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

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

Notices:

Today’s Live Trading Room Link: 

Today I am going to be in the live room the first hour and then I have to hit the road and visit oil country so Sartaj will be taking over the broadcast earlier in the day – I will still be in room as I have cell service in the truck.

Also important, we are going to try another platform for trading rooms – yes, but we gotta try and get what will work best, we’ll get you details. The YouTube platform we are having difficulty with outages, transcripts and lags.

Yesterday’s Stock Trading Results (the morning momo trade may help some early traders)

https://twitter.com/CompoundTrading/status/844507351969382400

Per previous;

The Quarterly Swing Trading Performance Review P/L with Charting is Published. The Algorithms and Daytrading Quarterly Performance Reports are being compiled as I write and will be posted soon.

https://twitter.com/CompoundTrading/status/841078264537993218

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

https://twitter.com/CompoundTrading/status/843442032894865408

Results of Gold trade vote are in!

Current Holds / Trading Plan:

Even though my holds are small in size I would like to start focusing on trading out of some of these, if not all. With the current downdraft in market I may not be able to get out of these for a while – VERY SMALL part of my portfolio now – I am 93% or more cash.

All small to mid size holds in this order according to sizing – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.

Per recent;

$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

Market Outlook / Trading Plan:

I have been saying it for almost a week on my post market trading results posts (and of course our algos have been firing off warnings) that the market looked toppy and yesterday evening while preparing for Tuesday open I was tweeting a storm of warnings and sure enough. We got a down day! Many of our standard watches are at support or at resistance with Gold, Oil, Silver, US Dollar, SPY etc. Could get very interesting. Of course I will be watching for long or short at support and resistance.

Swing trades on watch for me today (some are same as from our swing trading platform side) are $BABA, $VRX, $NFLX, $WYNN, $XME, $URRE, $TAN, $TWLO, $GSIT, $ABX and considering adding $LIT to the list. Also watching $NG_F $UGAZ and how it handles 50 DMA as it is poking above its cup and handle currently. A $TLT short is on my watch today also. And $NAK with its volume premarket and recent price action is interesting.

Morning Momentum Stocks / News and Social Bits From Around the Internet:

Morning momomentum stocks watchlist:  $DLTH, $UNXL, $MBRX, $PULM

$DLTH up 19% premarket on Q4 sales increase

$DLTH, Premarket, Trading, Stocks, Plan
$DLTH up 19% premarket on Q4 sales increase

$DLTH ​Duluth Trading Co. 4Q sales jump 24%; retail expansion to accelerate https://www.bizjournals.com/milwaukee/news/2017/03/21/duluth-trading-co-4sales-jump-24-retail-expansion.html via @MKEBizJournal

Gaps on these plays: 

News on these plays: 

Interesting charts: $SNAP

$SNAP Up just under 2% premarket and was up yesterday.

$SNAP, Premarket, Trading, Plan
$SNAP Up just under 2% premarket and was up yesterday.

7am
Mortgage Apps

9am
House Price Index

10am
Existing Home Sales

10:30am
Petroleum Status Report

MBA mortgage applications index fell 2.7%, after rising 3.7% last
Purchases down 2.1%, +2.3% last
Refis down 3.3%, +4.1% last

UniPixel +25% pre-market, enters multi-year arrangement with major U.S. PC manufacturer for XTou… http://seekingalpha.com/news/3252716-unipixel-plus-25-percent-pre-market-enters-multi-year-arrangement-major-u-s-pc-manufacturer?source=twitter_sa_factset … #premarket $UNXL

Moleculin’s Annamycin an Orphan Drug for AML; shares ahead 16% premarket $MBRX

$SHLD (-15.4% pre) Sears Acknowledges ‘Substantial’ Fears It Could Go Bankrupt – Fortune

Last night at ~4:30 p.m., Sears released its 2016 annual report.
The company said it might go out of business.
Share fell 12% premarket

$AUPH PT raised from $9 to $11 at FBR

 

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

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $DLTH $UNXL $PULM $MBRX $IDXG $BEBE $XGTI $WGO $IDRA $RUN $PULM $AYA $DWT $TVIX $UVXY $SCO $DGAZ $AUPH $FDX

 I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:   I will update before market open or refer to chat room notices.

(3) Other Watch-List:

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

(5) Upgrades: $RUN $BWA $FCX $TECK $LC $TRMK $BBVA $FFIN  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $SIRI $FTR $AAL $GIS $KATE $CNK $TDG as time allows I will update before market open or refer to chat room notices.

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

Study:

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

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

http://finviz.com/

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

http://www.highshortinterest.com/

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

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

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

GL!

Curtis

Article Topics: $DLTH, $PULM, $UNXL, $MBRX, $SNAP – $MGTI, $NE, $XOM, $ONTX, $VRX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

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