Compound Trading Chat Room Stock Trading Plan and Watch list for Monday May 15, 2017; $CYRN, $IDXG, $AUPH, $FEYE, $UWT, $NUGT, $USLV, $XIV, Cyber – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, 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.
Today’s Live Trading Room Link: http://compoundtrading1.clickmeeting.com/livetrading
Live Alerts for Swing Trading Service Registrants and Day Trading side are now available only on email and by following alert Twitter feed. If you did not get an email send an email to firstname.lastname@example.org and ask Sartaj to get you info. Most of that I spoke to myself are opting for email only, but the Twitter alert system is available for those that choose that.
Two Week Trading Challenge is Over (34% vs. double up) and I Start a New One Today! Only this one is six months!
Likely it now for two week 20k double small account trading challenge +6772.00. No double but 30%+ is okay ROI #tradingchallenge
Most recent lead trader blog posts:
Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.
The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.
Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):
Trading Plan (Buy, Hold, Sell) and Watchlists:
Morning momentum stocks on watch so far: $PTHN, $CYRN, $IDXG, $NE $UWT $BVXV $MDGS
Bias toward / on watch: $CYRN, $IDXG, $AUPH, $UWT, $NUGT, $USLV, $XIV, Cyber
Markets: $SPY $ES_F $SPX trending sideways but also toward upward price extension of our SPY algo, $GLD, $GDX, $SLV Getting some lift here. $USOIL, $WTI is up over one important resistance on OPEC Russia and Saudi news. $DXY is testing critical support area again and $VIX is in lowest range in decades.
OTC on watch: Randoms I’ve noticed over last few weeks… $BRNE, $ELED, $PVCT, $LIGA (I hold),$AMLH, $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD
Gaps to Watch:
Recent Momentum Stocks to Watch:
Stocks with News: $AUPH
SEC Filings to Watch: $SCYX – Insider buys – CEO 25K shares, CMO 15K shares
Short Term Trader’s Edge: $USLV, $NUGT, $UWT
Holds: Most holds are small to mid size (less than 5% of daytrading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT
Various Chart Set-ups on Watch: $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $EOG, $COTY, $FSLR, $AAOI, $HIIQ, $JASO Golden Cross, $VIPS
$CYRN Premarket up 32%
Market Outlook :
Watch those large and mega caps – when they stall things could change. And don’t forget our $SPY algo warned about recent highs.
Market News and Social Bits From Around the Internet:
Empire State Mfg Survey
Housing Market Index
Cyberattack Is Likely to Keep Spreading – WSJ
($CYBR $FEYE $PANW $SYMC all up in premkt)
$AUPH Q1, Announces Initiation of Phase 3 Aurora Clinical Trial
$REPH to Present Phase III Bunionectomy Clinical Data for IV Meloxicam at the American Pain Society 36th Annual Scientific Meeting
$AUXO has CynergisTek Redspin Cybersecurity in Healthcare -BBC News – NHS cyber-attack: Hospitals hit by #ransomware
$SBPH DSMB Approves Dose Escalation of SB 9200 for the Second Cohort of the Phase 2a ACHIEVE Trial in HBV
$NERV End-of-Phase 2 Meeting With FDA. https://finance.yahoo.com/quote/NERV?p=NERV …
$ADHD Yaron Daniely to Step Down as CEO, Effective May 31
$SGMO Presents Recent Developments from Research and Clinical Programs at Annual Meeting of the American Society of Gene & Cell Therapy
Amazon’s stock price target raised above $1,000 by yet another analyst http://on.mktw.net/2r8tQrI
Saudi Arabia, Russia agree oil output cuts until March 2018 http://reut.rs/2qixCgR #SaudiArabia #Russia #oil
#OPEC #OOTT $USOIL $WTI $CL_F
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).
The algorithm Twitter feeds can be found here:$WTI (), $VIX (), $SPY (), $GLD (), $SLV (), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.
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 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 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 : $PTHN, $CYRN, $IDXG, $NE $UWT $BVXV $MDGS I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List :$UVXY $JDST $DUST $DWT $UGAZ $TSLA $SGMO $IONS $TOPS $SSYS $MNKD $MZOR 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: $SBUX $KATE $LYG $XYL $RDY $CVA $DRH $AMTD $FMC $BWLD $HOMB $PRXL $HAYN $CSCO $JNJ $GWRE $FMI $WETF $VJET $DDR $LPI $CERN $CBL as time allows I will update before market open or refer to chat room notices.
(6) Downgrades: $KORS $JCP $BDN $XCRA $STM $SNH $TSLA $GDEN $SNH $WRI $ALR $SSYS $LVLT $CTL 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.
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).
Article Topics: $CYRN, $IDXG, $AUPH, $FEYE, $UWT, $NUGT, $USLV, $XIV, Cyber – $PVCT, $LIGA, $MGTI, $ONTX, $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