Compound Trading Premarket Trading Plan & Watch List Friday September 7, 2018.
In this edition: Elon Smokes Weed, $ARWR, $CLDR, $CRON, $TSLA, $NVUS, $OKTA, $FIVE, $CYCC, Oil $WTI, SP500 $SPY, $BTC Bitcoin, $VIX, US Dollar $DXY 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:
- September Live Trading Room Challenge, Coaching, News, Events, Q & A and More: information is of value to existing members, those asking about our services and new on-boarding members.
- Friday Sept 7 –
-
- September 6 premarket through September 31 the main live trading room will be open 24 hours a day (regular sessions and futures, with 1 hour breaks every 10 hours for server reboots) for a month of live recorded trading with our Lead Trader Curtis.The exception will be during the Cabarete Boot Camp Sept 14 – 16 (live trading room will be reserved for coaching event).The month of trading will then be posted to YouTube accompanied with highlight posts.
-
- Before Sept 14 – New pricing published representing next generation algorithm models (existing members no change).
- Before Sept 14 – Next generation algorithm models roll out (machine trading Gen 1).
- Before Sept 14 – Trading Profit and Loss Published for Q1 and Q2 2018 (a report detailing trading / alert performance of our team).
- Sept 14-16, Cabarete – Trade Coaching Event – Learn How to Trade or Take Your Trading to the Next Level (public, retail).
Machine Trade 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.
https://twitter.com/CompoundTrading/status/880670140454637569
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, Terms of Use:
Subscribers to read disclaimer.
Blog / Video / Social Posts / Learn to Trade:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
https://twitter.com/CompoundTrading/status/927397024315662336
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
https://twitter.com/CompoundTrading/status/889148655785177088
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
https://twitter.com/CompoundTrading/status/889147527278333952
Some Recent Chart / Trade Set-Up Reports:
See YouTube, member email direct reports and blog for other recent videos or blog posts. Listed from most recent. Much of the premium member reporting posted below is delayed and may or may not require password.
Sept 6 – Day Trading and Swing Trading CRONOS GROUP Inc. (CRON)
Aug 16 – Oil Trade Alerts: How We Knew Where Oil Sell-Off Bottom Was in Advance. Crude Oil Trading Strategy.
Aug 12 – Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)
Earnings Season Charting July 24 $RIOT, $CELG, $ARWR, $EXTR, $EDIT, $SOHU, $ESPR, $LPSN, $XOMA …
Swing Trading Special Report $CELG, $RIOT, $ARWR, $EXTR, $EDIT, $MBRX, $SOHU, $ESPR, $LPSN, $XOMA.
Swing Trading Special Report $SPY, OIL, $VIX, $DXY, $GOOGL, $HCLP, $ARRY, $ARWR, $CDNA, $XXII, $SSW
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.
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.
Trading Plan / Watch Lists. Morning Momentum / Gaps / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Yesterday I had a couple flats, but the trade plan was solid, just didn’t follow them through with enough room (Thursday and Friday day-trading not my favorite and I’m just getting back in saddle).
Hoping the oil pressure has been baked in to price to trade out of a pressured 2/10 size futures trade.
It is Friday. Do not try to make your week up today.
Per yesterday:
Thurs through Sunday will be getting my set-ups in order so it will likely be fairly quiet for me. There are some set-ups now, but it is end of week but I wanted to start live today to get set for Monday (so really I’ll be running a 30 day challenge starting Monday), anyway… you get the idea.
Also watching $CLDR range to targets sent out, $TSLA possible bounce to targets sent out, $CRON trading range and others of course that I’ll alert as we go.
Bitcoin $BTC has been hammered with manipulation lately so I’m sitting tight, trading small ranges.
Pot stocks $TLRY $CGC $CRON I am working on set-ups for pull backs in to next week.
And of course eyes on $VIX time-cycle smoldering now (see previous posts).
Market Observation:
Markets as of 8:05 AM: US Dollar $DXY trading 95.02, Oil FX $USOIL ($WTI) trading 67.86, Gold $GLD trading 1201.02, Silver $SLV trading 14.16, $SPY 287.64 (premarket), Bitcoin $BTC.X $BTCUSD $XBTUSD 6380.00 and $VIX trading 15.1.
Momentum Stocks / Gaps to Watch: $NVUS $OKTA $FIVE $CYCC
25 Stocks Moving In Friday’s Pre-Market Session https://benzinga.com/z/12320872 $OKTA $ZEAL $FIVE $MRVL $PRQR $ARTX $PANW $FNSR $PSDO $GME $EGAN $XXII
25 Stocks Moving In Friday's Pre-Market Session https://t.co/QBdZ2RF0SZ $OKTA $ZEAL $FIVE $MRVL $PRQR $ARTX $PANW $FNSR $PSDO $GME $EGAN $XXII
— Benzinga (@Benzinga) September 7, 2018
News:
Tesla 8-K Shows Tesla’s Chief Accounting Officer, Dave Morton, Has Resigned $TSLA
Goldman Sachs CFO calls report the firm scrapped #bitcoin trading desk plans “fake news” $GS $BTC
Pres. Trump may decide as early as today 2 impose another $200B in tariffs on Chinese imports $SPY $FXI
GlaxoSmithKline has an FDA PDUFA decision date scheduled for today, for its Mepolizumab, a chronic obstructive pulmonary disease treatment $GSK
Alibaba stock gains after announcement of repurchase plan
USA Nonfarm Payrolls for Aug 201.0K vs 191.0K Est; Prior 157.0K
USA Private Payrolls for Aug 204.0K vs 190.0K Est; Prior 170.0K
USA Unemployment Rate for Aug 3.90% vs 3.80% Est; Prior 3.90%
Recent SEC Filings / Insiders:
Insider Buys Of The Week: Coty, Keurig Dr Pepper, Take-Two Interactive http://benzinga.com/z/12295014 $COTY $KDP $TTWO #swingtrading
Insider Buys Of The Week: Coty, Keurig Dr Pepper, Take-Two Interactive https://t.co/EFvNoBwwAr $COTY $KDP $TTWO #swingtrading
— Swing Trading (@swingtrading_ct) September 3, 2018
Recent IPO’s:
Zekelman Industries to offer 41.8 million shares in IPO, priced at $17 to $19 each
Eventbrite to offer 10 million shares in IPO priced at $19 to $21 each
Cancer blood-testing company Guardant Health files for IPO.
Eli Lilly’s Elanco sets IPO terms to raise up to $1.45 billion before options
Earnings:
#earnings for the week
$AVGO $RH $WDAY $CONN $FIVE $PANW $OKTA $DLTH $HDS $DOCU $GME $COUP $VRA $NAV $MRVL $KNOP $OLLI $FCEL $ZS $CLDR $HQY $FGN $AMS $CTRP $CSWX $BKS $SMAR $EGAN $MDB $CAL $MBUU $CBK $DVMT $AVAV $ZUMZ $GWRE $LE $FNSR $GIII $GCO $DCI
#earnings for the week$AVGO $RH $WDAY $CONN $FIVE $PANW $OKTA $DLTH $HDS $DOCU $GME $COUP $VRA $NAV $MRVL $KNOP $OLLI $FCEL $ZS $CLDR $HQY $FGN $AMS $CTRP $CSWX $BKS $SMAR $EGAN $MDB $CAL $MBUU $CBK $DVMT $AVAV $ZUMZ $GWRE $LE $FNSR $GIII $GCO $DCI https://t.co/r57QUKKDXL https://t.co/oiZ3V5Hc7S
— Melonopoly (@curtmelonopoly) September 4, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Trade Alerts, Open and Closed Trades:
Please refer to the date at top left of each chart (charts are often carried forward for sometime).
TESLA (TSLA) Premarket watching for a snap back wash out trade here, CFO steps down, ELON smokes weed $TSLA #daytrading #swingtrading
ARROWHEAD PHARMA (ARWR) Two options for swing trading channels. $ARWR #swingtrading #chart
Thurday Premarket – ARROWHEAD PHARMA (ARWR) premarket at top of swing structure, take some profit here at resistance $ARWR #swingtrading #chart
CLOUDERA INC (CLDR) Thursday played out precisely to trade alert, above 18.17 long below short. $CLDR #daytrading #swingtrading
Gotta love stocks with perfect symmetry $CLDR #swingtrading #daytrade #tradealerts
Gotta love stocks with perfect symmetry $CLDR #swingtrading #daytrade #tradealerts pic.twitter.com/J3ku1UKdVa
— Melonopoly (@curtmelonopoly) September 7, 2018
CRONOS GROUP (CRON) Holding the support area of swing trading – day trade structure. $CRONO #swingtrading #daytrading
CRONOS GROUP (CRON) Seems to me the buy side at green arrows is a great risk reward swing trade. Daytrade the levles. $CRONO #swingtrading #daytrading
TESLA (TSLA) At previous support, on watch for bounce in to 293s then 300s possible $TSLA #daytrading #swingtrading
On the back of excellent August sales estimates, $TSLA gapping-up in pre-market. Anticipating this, UBS issue a strategic downgrade on the stock.
What @UBS don’t tell anyone, is that have a massive short position with $TSLA and need the SP to fall to $185 or they loose $zillions
https://twitter.com/AskDrStupid/status/1037642153743278081
CLOUDERA INC (CLDR) Premarket up on earnings trading 16.51 looking for possible 18.17. $CLDR #daytrading #swingtrading
CRONOS (CRON) trading 13.23 up premarket and looks to be one of the few momos that may fly at open. $CRON #premarket
Weed stocks are going nuts after one of the largest marijuana companies strikes a deal for lab-made THC (CRON) $CRON #swingtrading
Weed stocks are going nuts after one of the largest marijuana companies strikes a deal for lab-made THC (CRON) $CRON #swingtrading – https://t.co/QQ2iFdmRLy
— Swing Trading (@swingtrading_ct) September 5, 2018
First red day in a long while in oil. Ended day with a flurry of trades in oil for a small cut. But took a size-able loss on the earlier sell-off. Will take 6 disciplined intra-day snipe trades to back-fill that day. Cut your losers fast or they’ll get you.
First red day in a long while in oil. Ended day with a flurry of trades in oil for a small cut. But took a size-able loss on the earlier sell-off. Will take 6 disciplined intra-day snipe trades to back-fill that day. Cut your losers fast or they'll get you.
— Melonopoly (@curtmelonopoly) September 4, 2018
Like this…. 3 contracts 30 mins 500.00 rinse and repeat 5 or 6 times a day $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT
Like this…. 3 contracts 30 mins 500.00 rinse and repeat 5 or 6 times a day $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT pic.twitter.com/RvSwFejYxm
— Melonopoly (@curtmelonopoly) September 3, 2018
and this… $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT
and this… $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT pic.twitter.com/hpvrwLjWwx
— Melonopoly (@curtmelonopoly) September 4, 2018
and again this… $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT
and again this… $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT pic.twitter.com/JWCGQisxxU
— Melonopoly (@curtmelonopoly) September 4, 2018
and yes again…. at 3 contracts it is 500.00 ea rinse and repeat 5 or 6 times a day for 1500.00 a day etc $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT #premarket
and yes again…. at 3 contracts it is 500.00 ea rinse and repeat 5 or 6 times a day for 1500.00 a day etc $USOIL $WTI $CL_F $USO #Oil #Trading #alerts #OOTT #premarket pic.twitter.com/FAiPnf3tIK
— Melonopoly (@curtmelonopoly) September 4, 2018
Oil Daily Chart. MACD still crossed up with price thru 50 MA and resting on it now. Sept 2 1108 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart
Great wash-out trade in progress from our swing trading platform… ESPERION (ESPR) . Long ads from our previous 49.11 buy side alert. Target reached and now targets 59.90. $ESPR #swingtrading #daytrading
$BOX weekly leap frog perfectly through targets. #earnings #premarket
$BOX weekly leap frog perfectly through targets. #earnings #premarket pic.twitter.com/1xTDdq2BdY
— Melonopoly (@curtmelonopoly) August 28, 2018
Tapped the top of the resistance per below, retraced as predicted below. Move done. Thanks Tony. $DXY $UUP #USD @dxyusd_index
Tapped the top of the resistance per below, retraced as predicted below. Move done. Thanks Tony. $DXY $UUP #USD @dxyusd_index https://t.co/JMFbDchqtS
— Melonopoly (@curtmelonopoly) August 22, 2018
$VIX on daily chart MACD crossing up. $TVIX $UVXY #volatility #VIX
SP500 (SPY) Chart continues trend with MACD flat on high side about to test previous highs. $SPY $ES_F $SPXL $SPXS
Gold on 50 percent retrace, MACD may cross up here. Aug 9 1243 AM #Gold $GLD $GC_F $XAUUSD $UGLD $DGLD #chart
Market Outlook, Market News and Social Bits From Around the Internet:
#5things
-It’s jobs day
-Trump’s China tariff decision
-Nafta talks
-Markets slip
-Coming up…
https://bloom.bg/2wOQLcp
#5things
-It's jobs day
-Trump's China tariff decision
-Nafta talks
-Markets slip
-Coming up…https://t.co/2VUILLixdD pic.twitter.com/4rCW0538nh— Bloomberg Markets (@markets) September 7, 2018
A recurring Goldman chart: Asset price inflation vs. ‘real’ economy inflation:
A recurring Goldman chart: Asset price inflation vs. 'real' economy inflation: pic.twitter.com/P1Xod6GvQF
— Tracy Alloway (@tracyalloway) September 6, 2018
Taking A Leap: Quantum Computing Arrives In ETF Form https://benzinga.com/z/12311541 $QTUM $AUGR $GOOG $IBM $INTC
Taking A Leap: Quantum Computing Arrives In ETF Form https://t.co/MPHyMT7pZ1 $QTUM $AUGR $GOOG $IBM $INTC https://t.co/FThdlGjpEG
— Melonopoly (@curtmelonopoly) September 6, 2018
JP Morgan’s top quant warns next crisis to have flash crashes and social unrest not seen in 50 years
JP Morgan's top quant warns next crisis to have flash crashes and social unrest not seen in 50 years https://t.co/T4mEHfH4sN
— Melonopoly (@curtmelonopoly) September 6, 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: $NLST $NVUS $DELT $OKTA $ZEAL $FIVE $MRVL $PRQR $PANW $ARWR $JG $AVGO $GEMP $TTM $DRNA $CRON $AKS
(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: $PBF $CVI $COG $AYI $UFS $DOV $AKS $VALE $AVGO $CDEV $LION $NAV $HPR $RDC
Gladstone Land $LAND PT Raised to $14.50 at Ladenburg Thalmann
(6) Recent Downgrades: $MOR $SHPG $CVE $CVRR $IMH $WLK $OAS $WFC $CMA $CORE $ATKR $ZION $RS $XEC $WFC $TROW $VSI $NEXT $ESV $SSNC
UBS Downgrades Zions Bancorp $ZION to Neutral
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, Elon Smokes Weed, $ARWR, $CLDR, $CRON, $TSLA, Oil $WTI, SP500 $SPY, $BTC Bitcoin, $VIX, US Dollar $DXY
