Market Update: Premarket Trading
Morning traders,
Monday was quiet for us, most of the portfolio rising, some trimming of profits of course, best swing run in our history.
The Boeing $BA trade below is an example of the time cycle we’ve had on the swing trading platform:
What a great trade, more than a double in Boeing $BA from 107s to 231s, holding some profit runner 🎯🏹🔥
#swingtrading
What a great trade, more than a double in Boeing $BA from 107s to 231s, holding some profit runner 🎯🏹🔥#swingtrading pic.twitter.com/mnsoSxstIY
— Curtis Melonopoly (@curtmelonopoly) June 8, 2020
Still have many profit runners and new positions start over the next 7 or 8 trading days for the cycle in to end of August – watch the swing trade alerts feed for new positions as we come out of this time cycle inflection.
$AAPL $INTC – Apple announcing Mac chips at WWDC – Bloomberg https://seekingalpha.com/news/3581457-apple-announcing-mac-chips-wwdc-bloomberg?source=tweet #swingtrading
$AAPL $INTC – Apple announcing Mac chips at WWDC – Bloomberg https://t.co/RA5Kzcr8zy #swingtrading
— Swing Trading (@swingtrading_ct) June 9, 2020
Today is soft so far, except some highly speculative day trader stocks $IDEX $IZEA $EYES $AQMS etc wow. Watching close.
Going to short TESLA $TSLA to the moon and back when the time is right
“I would like to be able to get more money to buy more
@Tesla
actually,” says legendary investor Ron Baron. $TSLA
"I would like to be able to get more money to buy more @Tesla actually," says legendary investor Ron Baron. $TSLA pic.twitter.com/sCt9dr4mDu
— Squawk Box (@SquawkCNBC) June 9, 2020
We’re in live trading room, EPIC oil trading software active so the live oil trading alerts are also, likely some day trades firing in to open and swing trading reporting coming today with a number of set-ups, time cycle inflection last week this week so we’ll see how that goes.
Active morning for EPIC V3.1.1 crude oil trading alerts, went deep diving 37.25 trading 38.22 inta day #OOTT $CL_F $USO $UCO $SCO $XLE
Active morning for EPIC V3.1.1 crude oil trading alerts, went deep diving 37.25 trading 38.22 inta day #OOTT $CL_F $USO $UCO $SCO $XLE pic.twitter.com/CLLa0TseqW
— Curtis Melonopoly (@curtmelonopoly) June 9, 2020
Active morning for EPIC V3.1.1 crude oil trading alerts, went deep diving 37.25 trading 38.22 inta day #OOTT $CL_F $USO $UCO $SCO $XLE
Oil down on stronger dollar, oversupply concerns https://reut.rs/2Ygx7DV #OOTT $CL_F $USO $USOIL Thread https://twitter.com/davidgaffen/status/1270322515047481346
Some on schedule:
FOMC
FOMC decision: What to know in the week ahead
8:55
Redbook
10:00
Wholesale Trade
JOLTS
4:30
API Crude Oil Data with EIA 10:30 Wed
LIVE: President
@realDonaldTrump
holds a news conference
LIVE: President @realDonaldTrump holds a news conference https://t.co/qfXa9nMlTD
— The White House 45 Archived (@WhiteHouse45) June 5, 2020
Thanks
Curt
Good morning traders!
RE: Premarket Trading Notes
Good times, things are setting up exactly as we thought for the time cycles in to 2025. This time cycle in to end of August 2020 be safe at inflections, working on a time cycle within time cycle model for you now.
If you missed the beach side video last night I discussed the US Dollar / CAD and this morning on Swing Trade alert feed I sent out some thoughts on Gold trade.
What a day⚠️🗡️🎯🏹🐋💙🌴 https://t.co/jx9JUjXRVc
— Curtis Melonopoly (@curtmelonopoly) May 13, 2020
Day trades are setting up here, I may start a few today (I will alert to day trade alerts feed) and possibly transition them to the Swing Trading Alert platform if I can get on the right side.
A few day trades on watch: $APDN $BPMX $AIM $NVUS $IMUX $ALLO $TLSA $NBY $RIOT $CODX $WISA $ALT
Below is a list from Benzinga fyi
32 Stocks Moving in Thursday’s Pre-Market Session $APDN $BIOC $BPMX https://benzinga.com/z/16029951#.Xr04YFcqZvt.twitter #premarket #daytrading
32 Stocks Moving in Thursday's Pre-Market Session $APDN $BIOC $BPMX https://t.co/d6pNSUczeC #premarket #daytrading
— Day Trading Alerts (@DayTrade_Alert) May 14, 2020
The intense oil daytrading yesterday that continued in to the night and premarket today ended up on our side – a really nice trade for our oil trade alerts feed.
Since the black swan updates I don’t think EPIC has lost a trade, very little if any.
EPIC V3.1.1 was in deep at support at 24/30 size, that is deep for the software, anyway it worked out well for the oil trade alerts members (I got a number of Whatsapp messages and we were intensely working through member trades live on Whatsapp messaging).
I also got a nice win there too so that helped. If you’re a member and not connected to me on Whatsapp do so by emailing cmpoundtradingofficial.com so we can connect.
Power of trend line price breakouts from a trading structure support, crude oil intraday near 200 points from oil trade alert buys earlier #OOTT $CL_F $USO #oiltradealerts EPIC V3.1.1 software was in deep at 24/30 size in position trading, very large size. Lead trader was also.
The swing trade service got a big win this morning in $APDN on the news, really nice trade from lows, another multi bagger. I may do some daytrading in $APDN yet today also.
Another beauty of a trade on our swing trading alert platform $APDN #swingtradealerts
Applied DNA Receives FDA Emergency Use Authorization for COVID-19 Diagnostic Assay Kit
Another beauty of a trade on our swing trading alert platform $APDN #swingtradealerts
Applied DNA Receives FDA Emergency Use Authorization for COVID-19 Diagnostic Assay Kithttps://t.co/iyKCYoNjbQ pic.twitter.com/viyfI7Rpvl
— Swing Trading (@swingtrading_ct) May 14, 2020
Trump train trading will be awesome here forward, what an opportunity!
This is a strong signal imo. Inflection time. Looks like a man preoccupied with off-screen furback rats scurrying… no point for this public education – they've hit max opportunity of those that will get it, have it now and those that don't, oh well. Fireworks here fwd likely. https://t.co/490KOejSS5
— Curtis Melonopoly (@curtmelonopoly) May 11, 2020
I did say something about the tone represented the other day at the WH briefing – that I wouldn't want to be on the opposing team considering, here we go kids🪓⛓️🪝 https://t.co/YeVboLTSnj
— Curtis Melonopoly (@curtmelonopoly) May 14, 2020
While CNBC has been flashing
"MARKETS IN TURMOIL"
We been raising the dead and banking the living.
Couldn't have been a better time cycle and the next will be better than the last and the next and the next. Historic opportunity for traders.#premarket pic.twitter.com/QYgi57w5VX
— Curtis Melonopoly (@curtmelonopoly) May 14, 2020
Any questions let me know!
Curt
Previous Premarket Trading Notes for review on set-ups etc.
Article Topics; $APDN, $CL_F, $USO, $DXY, US DOLLAR, CAD, Stocks on Watch, #DayTrading, #SwingTrading, #TradeAlerts, #Premarket
Premarket Trading Watch List
Good morning Traders,
With stocks to watch and trades in play, on day trade alert side I’d like to see TL (diagonal trendline) on $OSTK break for a run. Also the overhead horizontal resistance on $AKBA for a run. We got the $IQ yesterday and first part of $OSTK and $AKBA. Check your charts sent out.
Congrats to $MARK longs, I didn’t get it but here’s your key resistance.
Your resistance mark on $MARK should be 200 MA on weekly (pink) just over 3.00 per beach side video last night #daytrading #premarket https://t.co/Xh0NxErgbn pic.twitter.com/xnpXlMEC4W
— Day Trading Alerts (@DayTrade_Alert) May 12, 2020
Your resistance mark on $MARK should be 200 MA on weekly (pink) per beach side video last night #daytrading #premarket
On swing trade alert side resistance over head near on $SPY model and $AAPL chart models. Of course we’re swing trading $AKBA and $OSTK also. Managing many others, nothing specifically yet today for new entries, after oil reports API EIA we expect more swing trade positioning / entries. $VIX and $OVX are on close watch for long starts soon-sh (see Sunday Swing Trade $STUDY Webinar video for more). There are countless plays on watch and many in play right now.
Also the $NTRA break out set-up is super interesting here, really strong yesterday – also see the weekend $STUDY videos for this and chart model sent out on Swing Trade Alert feed.
Oil trading alerts Sunday overnight and Monday were super quiet for both myself and EPIC V3.1.1, however, I expect this to change at latest after API could be sooner, for now see hourly for range trade – it’s a range trade because of the time cycle rounding the trajectory per model.
We do have Fauci speak today so go easy.
Will be in live room and will get on mic if active trade starts.
Beach Side Video from yesterday with some comments to above trading.
Beautiful day🙏🌴 $AKBA $IQ $OSTK $AAPL $MARK $$TLRY $GLD $SLV $BTC $$SPY $VIX $TSLA Trade size P&Ls Sunday Swing $STUDY
and more https://t.co/AAfsJkiPq3— Curtis Melonopoly (@curtmelonopoly) May 11, 2020
Any questions let me know!
Curt
Article Topics; premarket, stocks, commodities, watchlist, $MARK, $AKBA, $OSTK, $IQ, $NTRA, $VIX, $OVX, $CL_F, $USO, $SPY