Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Dec 12 – $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, and more.

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.

Notice: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most.” If you are using our algorithms or charting it is a must read.

Notice: We are testing fault settings for multiple trading rooms in 2017. We have groups in different rooms all seeing same screen – if you’re moved don’t sweat it – it won’t affect your experience.

 

Primary Lessons That May Help Your Trades:

I should have got on the $AKAO train earlier in the day – it was on my watchlist as the number one watch but I got too distracted with a ntra-day slump in the S&P. Getting on the train earlier likely would have netted me at least ten times because I would have scaled in 1000 shares on the first, 3000 then 5000 and scaled out of 9000 shares on the way up. So it was an ideal news play that I just didn’t focus on – part of the challenge in setting up our room service too – we had a technical site host issue RIGHT WHEN THE MARKET WAS ABOUT TO OPEN ugh.

Looking Forward:

Well, we have Fed talk Wednesday so yes the market may oompff a bit – but I expect it to run again until near Christmas or even closer to Preident Elect Donald Trump’s power transition. Still watching $VIX close – there was a small play there today I called to the second but didn’t execute. And Gold and Silver I’m still waiting on a long confirmation from our algos – they called this price target from months ago that we are in now so I’ll trust their math on my long entries. The $USD/JPY chart (and our $DXY algo) still says not broken – at resistance, but not broken so I’m waiting on $GC_F $GLD Gold. And crude oil, our algo was firing off an intra short early in market open but I didn’t take that and waited for long position at support which didn’t hit until market end so I’m watching over night – may get a buy trigger there Tuesday. I will be watching fervently $AKAO and sympathy plays tomorrow ($APRI, $OPGN) and any other momentum stocks.

Announcements in Trading Room:

08:52 am Curtis M : (1) Pre-Market Gainers Watch-List: $AKAO, $WTI, $VNR, $SGY, $REXX $MTL $CIE $ORIG $SDRL $ATW $DNR $PACD $AVXL $UWT $DGAZ $EPE $MEMP 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: $HMY (chart), $AKAO Announces Positive Results in Phase 3 cUTI and CRE Clinical Trials of Plazomicin, $DVAX upgrade to “buy” by Cowen and $45 PT, $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(4) Regular Algo / Charting Watch-List: Gold $GLD $GC_F, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SL_V ($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: $ABB $AEG $MGIC $AIG $BCR $CXW $WEB $HBI $PES $LULU $BRO $TRV $AMD $AUY $TAHO $TCP $COO $COP $UBS $T $EGHT $RNG $NVR $REGN $HBI $HOLX $DGX $FSV $GRA $FMC $TSO I will update before market open of refer to chat room notices.

(6) Downgrades: $CF $ALGT $PHG $GFI $CDNS $CMC $OPHT $IRET $MCC $KRG $EOG $MOS $DEPO $TTC $PEI $FOXA $GFI $EZPW $FLS $SYNA $WBMD $UBSH $FINL $CVS $CMC $WOR $SGEN $CERC $FUL $TMO $HUN $CC I will update before market open or refer to chat room n

09:18 am Curtis M : Website is down. Host is reparing their issue. Premarket newsletter emailed to everyone.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:04 am Curtis M : Movers: $AKAO, $ORIG, $AKRX, $AREX, $CSOD, $MCEP, $IMMU, $CRZO, $REGN, $USLV
09:11 am Gurpreet Singh : Good morning all
09:11 am Curtis M : S&P -0.04%.10-yr -0.07%.Euro +0.51% vs. dollar.Crude +3.69% to $53.41.Gold -0.06% to $1,161.40.
09:21 am Curtis M : Sartaj emailing morning newsletter right now.
09:24 am Curtis M : Gappers- $AKAO $BCEI $SGY $WTI $ORIG $VNR $PACD $MTL $SDRL $LEI $TDW $NADL $CIE $NOG $AREX $CRC $AKRX $EPE $SDLP
09:24 am Curtis M : Watching oil for pull back as close to yellow line as possible
09:30 am Curtis M : watching gappers at open
09:33 am Curtis M : Wating for pull back in oil before I take a long in small cap oil
09:34 am Mathew Waterfall : Closing out $XOM calls. here. Waiting for $SDRL calls to juice and will clsoe a portion of those as well
09:35 am Mathew Waterfall : Out some of the Dec16 4.5c’s at .35 from .1
09:38 am Mathew Waterfall : Out $SN Jan17 10c’s at .85 from .3. clearing the board a bit here
09:40 am Curtis M : Nice
09:41 am Curtis M : Leaderboard $AKAO 56% BCEI 34% $VNR 27% $ORIG 24% $NADL 23%$ PACD 19%
09:48 am Mathew Waterfall : Ask side to unload more SDRL Dec23 4.5’s at .45 from .15. I won’t chase for a fill on these
09:52 am Curtis M : $USDJPY important area IMO – looking at a snipe in miner’s if it stays under 100 MA on 15 possibly
09:58 am Curtis M : This looks like the intra battle for $USDJPY
09:58 am Curtis M : Also watching $VIX close because it should get a pop soon – within a few days
09:59 am Curtis M : This $SPY buying is gong to rest for a while soon IMO – the books are almost filled with quotas
10:00 am Curtis M : Wed mornng at latest IMO it rests
10:02 am Mathew Waterfall : Crazy open here, giving most of my positions a chance to ven out a bit. Still holding the casinos and will do so through tomorrow unless we get a big pop there for some reason
10:02 am Mathew Waterfall : *even out. Sorry on backup keyboard this AM
10:03 am Curtis M : $AKAO may be a decent short here IMO
10:06 am Curtis M : A short in $AKAO at 9.10 perfect seup
10:06 am Curtis M : Lol theres some test
10:11 am Mathew Waterfall : In some TZA dec23c’s at .34 as a hedge and play for a pullback. Small position to trade agaist witl good r/r if things juice
10:16 am GSCT . : TVIX nice move
10:20 am Curtis M : Watching $NADL for a pop
10:24 am Curtis M : Gold bugs are buying quick on $USDJPY weakness
10:26 am Mathew Waterfall : Twtr weekly puts look actractive here as wel. Watching those
10:27 am Mathew Waterfall : In some 18p’s at .06 for a lotto. Hero or zero play
10:51 am Curtis M : Retail should get a good pop here soon IMO – may take a few days… like Thur ish but between now and then per watchlist
10:51 am GSCT . : $AKAO new HOD
10:57 am Curtis M : $AKAO Could go a long ways
11:03 am GSCT . : No audio commentary today?
11:11 am Curtis M : Looking at possible Long in $DUST if $USD/JPY gets on the move and $NADL
11:18 am manish kant : greetings all
11:24 am Curtis M : Scaling in 1000 shares $DUST
11:26 am Curtis M : Welcome Manish
11:26 am manish kant : Thanks Curtis
11:27 am Curtis M : Looks like my fills will avg 53.45 on $DUST
11:30 am Curtis M : $GLF up 37% now
11:31 am Sammy T : $ORIG 20% also
11:33 am Curtis M : Leader board $AKAO $GLF $EVEP $ORIG $MTL
11:33 am manish kant : orig
11:40 am Dani M : Oil starting to look better
11:42 am Curtis M : Still defending $NADL 200 MA
11:49 am Curtis M : Long $UCO 1000 11.763 avg scale to 5000 with ex[ectation there may be one more leg down
11:50 am Mathew Waterfall : $DUST not looking so hot for the heads up
11:53 am Curtis M : Ya $DUST will be a swing past Fed
11:53 am Curtis M : My swings I look at 1000 3000 5000 share entries for example – scale on swings at supports / resistance
11:54 am Curtis M : Kiinda like $UCO right now I expect a leg down
11:54 am Curtis M : $DUST $SPY $OIL not done yet… they all gotta meet Santa lol
11:55 am Mathew Waterfall : Let’s hope so. I have some $DUST calls that need a bit of help here
11:58 am Curtis M : Oh ya $DUST has at least one more round – may be a few days tho
11:59 am Curtis M : I’m prepared for 3 – 4 weeks on that position $DUST
12:05 pm Shawn B : I like $SPY long here too soon – waiting and watching
12:09 pm Larry B : Bulls come soon – rally is on until Obama gone bye bye
12:10 pm Larry B : $VIX good call Curt
12:11 pm Curtis M : Back in 30 looks calm
12:14 pm Michael P : oil calls fresh too ha ha
12:14 pm Michael P : Mathew you in long Wallmart? Did Curt??
12:15 pm Curtis M : No I didn’t I’m in oil long and dust Michael – $Dust I might have some pain
12:15 pm Curtis M : ok bye back soon
12:16 pm Mathew Waterfall : Nope, no $WMT for me
12:19 pm Mathew Waterfall : That $WMT chart looks like it’s rangebound between fibs and could see some checkback to a quick trendline that I drew in from the yealry lows. If it can clear and firm above 71.65 then high of year would be in play
12:21 pm Mathew Waterfall : Quick 30 second chart of $WMT http://tos.mx/ziGL6s

There was a technical data glitch at this point in the log (data centre truncated log) so here forward for rest of day it is only Curtis’ comments (which is unfortunate because the afternoon session was very active):

12:32 Crude going according to plan

12:41 I like the $WMT play but yes not much upside – slow move to profit

12:46 Fed Wed 2:00 PM FYI

12:54 Looks like a market pauce is possible until after Fed Speak

12:54 $USD/JPY

1:10 Selling my $UCO here for small gain – going to see what this afternoon brings – out 11.83

1:10 Hold $DUST though until at least next Tuesday 8 days min (unless I can get out earlier)

1:12 Thinking with oil we may test that lower support (yellow arrow) market is ooomfedish

1:15 I am in $STUDY until scanners hit

1:22 I may hit $AKAO on every wash-out here – this is carzy price action

1:27 $AKAO 1000 starter at 10.47 per share – tight

1:32 Out $AKAO 10.94 per share

1:34 Watching $AKAO 10.75 pull-back area

1:35 Likely 10.50 pull-back more likely

1:38 Long 1000 shares $AKAO 10.76

1:39 Out 11.025 per share $AKIO

1:43 Long $AKAO 11.46 1000 shares

1:46 Out $AKAO 11.62 1000 shares

2:11 $OPGN and $APRI could get action off $AKAO

2:13 All three are likely good candidates for morning momentum stocks tomorrow also.

2:30 Long $AKAO 12.76 1000 shares

2:52 Out 12.92 sold 1000 shares $AKAO

3:23 Out $DUST shares chipped out in three pieces aberage 53.70

3:31 $AKAO chart still not broke – holding resistance area still.

3:34 Here we go again.

3:49 $APRI should run momo tomorrow morning.

 

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $ES_F, $SLV, $SILVER, $GOLD, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NATGAS, $NG_F, $USD/JPY, $SPY, $VIX


Good morning traders and welcome to our weekly swing trading newsletter for the week of Dec 12, 2016!

Don’t hesitate to email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private mesage Curt in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

My primary seven swing set-ups this week are:

FX: $USOIL $WTI

You can use a number of instruments to trade oil such as FX $USOIL $CL_F CL $USO $UCO $SCO and more…. I am using $UCO for the long (by the way $UWTI AND $DWTI are being resurrected so I am very excited to be able to trade these again soon) and I am currently looking at a number of small cap and mid cap oil plays. Oil is in an obvious break-out (and since last report doing well).

The important thing with oil is to watch the Fibonacci levels, trend lines (diagonal and horizontal), your moving averages and your trading widths (margins / pivots). I can’t discuss the algorithm here but I can refer you to Epic the Oil Algo twitter feed for various public posts.

Widths / trading range pivots – Because oil is in a break-out you want to take your long positions at the bottom of the yellow lines and I as I mentioned in the last swing newsletter I WOULD NOT short oil in an uptrend at the top of the yellow lines. Wait to short it when it is in a confirmed downtrend – and now is not a confirmed downtrend. So right now I am looking for an entry long at a lower yellow line at 51.91 with a stop at 51.63 and I would exit before 54.43. See orange arrow. If that fails support and my stop gets hit then I will look at a long at next orange arrow down at 49.56 with a stop at 49.16 and I would exit before resistance at 51.90. If this also failed (the second entry arrow) oil is in a downtrend and levels would have to be looked at again to re-adjust.

If crude happens to get up over current resistance at 54.45 I would take a long position with a stop at 54.29 and if it works I would simply hold until crude finds its new trading range and reevaluate in a week or more but keep the stop in place. You can also move the stop up a bit as crude trades up in this instance.

Fibonacci Levels – As with last newsletter, because oil is in another break out I wouldn’t be comfortable taking a long or short position based on fib levels because they are skewed. Wait for this break-out to back-test and then look at the levels next Sunday night update.

MA – Oil is trading way above its MA’s so there is no concern here with long positions – but take the range pivots in to consideration first. When these become a possible issue I will advise.

Crude oil, swing trading chart

Orange arrows represent chart support for long trade in crude oil.

$GOLD – $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

So last week I said;

Here again I cannot share the proprietary algorithm components of Rosie’s algo but I can share with you the publicly posted data. Rosie predicted in July that Gold would hit this range but also warned of a 90% chance that Gold would have to hit the bottom of a quadrant on her charting. That would put Gold near 1133.00. I am waiting to see if this occurs and I will take a long trade in $NUGT at that time with a normal swing stop of about 4% and then if uptrend confirms I will scale in at 3 stages. Initial order 2000 shares the 5000 then 10000 then 20000 adding at pullbacks.

The idea in swing trading is to catch the trend reversal and then scale in when confirmed.

Good thing I waited! Price has downtrended since. It isn’t at my preferred 1133.00 so I am going to watch – if it starts to take off upward I will start to nibble with long positions with tight stops. No particular level that I would do that – just if it started to move for any more than a day and it looked like it had momentum. Then slowly enter. BUT THE PREFERRED play is to wait for that 1133.00 WHICH COULD COME QUICK NOW.

Watch Rosie the Gold Algo twitter feed for intra-day updates that may occur.

Gold, Swing Trade

Gold Swing preferred target is 1133.00 ish for long trade.

$SILVER $SLV $USLV $DSLV

Silver is in exactly the same position as Gold – wait for the Gold confirmation before entering IMO. Use the same scaling principals. Watch SuperNova Silver twitter feed too.

I have always said that Silver will hold up better in a downtrend, but it doesn’t mean you take a long position yet. Sure, it came up a bit since last week, but the idea is to catch the tren reversal and scale in to it for a large gain over time.

Silver, Chart

Silver is in same positon with me as Gold. When Gold goes Silver wll go. $SL_F $SLV $USLV, $DSLV

$VIX ($UVXY, $TVIX, $XIV)

$VIX

Last week I wrote:

I am going to enter a long position in $UVXY or $TVIX for a short term swing (less than 10 days hopefully) at as close to 12.20 as I can get – if I can’t get that I am looking at 12.77.

Considering the geo political environment I won’t be shorting the $VIX unless it gets really extended to topside – which it is not right now.

So it came down to my price target and I didn’t take a trade – I watched. Then it spiked and I would have had a short term gain. Now it’s sitting back at my buy target area and I am going to watch.

If it starts upward I will likely take a trade long in $TVIX or $UVXY and exit by ratcheting up my stops as it goes. Where exactly where I take that trade? I don’t know. But I’m getting more confident with it because of two reasons.

1. At the end of day Friday the there was $VIX insurance buying even while $SPY was spiking at end of day and $XIV (which is the opposite of $VIX) wasn’t moving like it normally does when there is a $SPY spike. Now, $VIX isn’t determined by $SPY but it is a signficant factor. So when they move in this way it is time to pay attention.

2. ALSO, the CNN fear and greed indicator is near all time highs for greed. If you study it out there is a correlation – when greed is this high 9 times out of 10 there is a spike in $VIX because if nothing else investors start taking out insurance. http://money.cnn.com/data/fear-and-greed/

Now, if the $VIX does spike, and the spike is signficant I will short the $VIX because that is always easy money – but that is something that has to be determined on an intra level and I can’t give you levels here on a swing alert.

$VIX, Swing Trade

$VIX Swing trade

$SGY

Last week I wrote this:

I really like this swing as a low float energy play. But you have to set a stop at 4% or so and be ready to ratchet up stops as it gets closer to 8.00. This stock has a history of serious gains when oil gets in to break out mode.

Well… that worked out well. There was a really nice spike right that day for a great gain and it is trading this morning again for a nice gain.

The way to play this one now safe is to watch the oil trading chart and support levels I gave you. Wait for oil to hit one of those two support levels I show on the oil chart and play it exactly like you would oil as I wrote above. And, if oil gets up over that overhead resistance I outlined you can then go long $SGY vs. oil. Either way, if you take a long position at a support set your stop at about 4 – 5% and if you get lift ratchet your stops up as you go. There is no way to give you levels up if it goes – just ratchet up stops at your comfort level.

$SGY Swing trade alert worked well. 7.12 to 8.70 ish and 8.12 now.

$SGY swing trade

$SGY Swing trade alert worked well. 7.12 to 8.70 ish and 8.12 now.

$JUNO

Last week I wrote this:

This is a wash-out snap-back swing that I really like. It is up in premarket today but I believe there is a lot of room here. My timeframe is 3 months and I expect a lot of that gap fill to come in to play at 29.83. It has resistance at 22.87 but I don’t think it will hold. One of my favorite swings right now.

So this one didn’t do as well, but I am holding and I will enter with more of a position if it gets back up off it’s feet and starts trending up. Like I wrote, my time-frame is 3 months so I will be patient.

$JUNO Swing Trade

$JUNO Swing Trade

$CBMX

I wrote this last week:

This IMO opinion is a fantastic opportunity – but it does have its risk. You wll have to research the company on your own and make a determination for yourself. But if you find after your research that you think it’s a decent hold for a month or two it is one of the best swing plays on the market at this price IMO. I’m looking to add today to my position.

Well this one worked out well too, I am currently adding in near the 2.90 level. A mid term hold for (3 – 6 months) and I expect close to 50% gain on it. But it is high risk so set stops.

$JUNO Swing Trade

$JUNO Swing Trade

Other Swing Trades I am Looking in to:

Casino stocks: $WYNN $MPEL $MGM $LVS – but I can’t say right now that I will. I am also watching retail and tech for long positions, but not quite ready. Will update on this soon.

This comment from last week remains the same:

That’s about it for this week. I am waiting for the market inflection to settle down and a little more of the indices to settle on the other side of this Trump trade before scaling in to any indices plays and the like. But as I said I am running about 40 charts on plays I am looking at and hope to start adding some of those for next Sunday!

Have a great week and if you have any questions email anytime!

Best of luck.

Curtis

Article Topics; Swing Trading, $JUNO, $SGY, $CBMX, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX


Review of my Chat Room Stock Day Trades, Algo Calls and Alerts for Friday Dec 9 $IDXG, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, and more.

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.

New: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most.” If you are using our algorithms it is a must read.

Overview Perspective & Review of Chat Room, Algos, Trades and Alerts:

I had a decent scalping day. Caught morning momentum stock $IDXG, caught $SDRL (an oil driller) but should have held because not only did it run late day (like I thought it would but it ran later than I thought it would) and also the oil deal on weekend I am sure will cause more spike here, and $XIV I caught for a standard play.

Primary Lessons That May Help Your Trades:

Once again trading your plan – $SDRL early sell wasn’t the right call. Profit, but not the right call.

Looking Forward:

Monday will definately be about oil and small cap oil equities FX: $USOIL $WTI | $USO $UCO $SCO $UWT $DWT.

Looking toward the trend reversal on Gold $GC_F $GLD and Silver $SL_F $SLV . I really want to get on the right side of that move – not only in Gold and Miner’s ($GDX), but with the Gold company stocks too (small, mid and large) – will be a huge swing and even trend reversal IMO.

Watching for indications in $SPY and $USD/SPY for inflecton ($DXY). Watching $VIX for tell tale signs of potential dips in $SPY.

Announcements in Trading Room:

08:49 am Curtis M : Good morning traders! Lots going on be sure to read premarket newsletter!

We have groups in different rooms all seeing same screen – if you\’re moved don\’t sweat it.

08:50 am Curtis M : Gainers: $IDXG 36%25, $SSH 22%25, $SWC 19%25, $FGP 9%25, $FNSR 8%25, $MPEL 6%25, $AVGO $WYNN $NVCN $DYN $LVS $NAK $OCLR $DNN $CCJ $BIIB

Good morning traders! Lots going on be sure to read premarket newsletter!

We have groups in different rooms all seeing same screen – if you\’re moved don\’t sweat it.

12:01 pm Curtis M : On lunch until 12:30 EST

Gainers: $IDXG 36%25, $SSH 22%25, $SWC 19%25, $FGP 9%25, $FNSR 8%25, $MPEL 6%25, $AVGO $WYNN $NVCN $DYN $LVS $NAK $OCLR $DNN $CCJ $BIIB

Good morning traders! Lots going on be sure to read premarket newsletter!

We have groups in different rooms all seeing same screen – if you\’re moved don\’t sweat it.

 

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:04 am Gunnar Thomsen : Spot on…
09:17 am OILQ K : I’m better
09:18 am OILK K : lol u wish
09:27 am Curtis M : Gainers: IDXG +45%. SWC +19%. SGYP +15%. NAK +11%. NVCN +9%. FGP +8%. ORIG +8%. FNSR +8%. MPEL +7%. AVGO +6%. WYNN +6%. LVS +6%. BIIB +5%.Losers: SCON -28%. MVIS -25%. CLSD -22%. RH -17%. SBGL -15%. USAC -8%. AIRG -6%.
09:33 am Curtis M : Long 2000 1.75 $IDXG
09:34 am Curtis M : Out 1.84
09:36 am Curtis M : Crude on high watch fro break of upside resistance
09:39 am Pam E : $SSH momo
09:40 am Curtis M : .
09:45 am Curtis M : $SDRL
09:50 am Curtis M : $IDXG 86% $SWc 17% $FCP 13% $SGYP 8.8%
09:50 am Mathew Waterfall : Got stopped out of $SWC common position yesterday. Hate that
09:50 am Mathew Waterfall : But had MGM calls and some $SDLP to make me feel better
09:51 am Curtis M : $SGYP red
09:52 am Mathew Waterfall : Wow had an order for $SGYP ready this am. It broke out of the wedge I had marked. Damn it lost its footing quickly
09:56 am Mathew Waterfall : I like your picks. Long $ORIG from 1.9
09:57 am Mathew Waterfall : Currently have a trailer on it but it has been on a rampage this AM
10:00 am Curtis M : ugh
10:01 am Curtis M : $MGM nice Mathew — casinos fun 24 hours
10:01 am Mathew Waterfall : Yea got lucky and had my prior $MGM calls sold on the way down, picked up more cheap at the bottom and just sold some for a quick double to hold the rest for free
10:10 am Curtis M : $SDRL $NADL $ATW $ORIG $PACD all on gh watch with me if crude oil braks upside trendline and resistance – would be huge.
10:12 am Mathew Waterfall : $SDLP smoke show. nice
10:24 am Mathew Waterfall : Cheap $SDRL calls for next week. hit 4.5’s for .10. Great r/r if oil gets moving. SDRL sees 4+ on monday and thse are easy 3 baggers
10:26 am Curtis M : might be a good play Mathew… just might be
10:27 am Mathew Waterfall : Super low risk which is why I love calls in this type of play. $SDRL gets killes you don’t lose much, it pops you win big
10:55 am Mathew Waterfall : Rolling some $RIG calls out here. Dec14.5’s to Jan6 16’s for .35 credit. Taking gains and will take advantage of a move up with a higher delta
11:06 am Curtis M : Gonna look at $DGAZ when $NATGAS around 3.73
11:18 am Mathew Waterfall : You in my watchlist this morning? lol I;m in this as well
11:20 am Curtis M : $DNAI
11:39 am Curtis M : Long 45.956 2000 $XIV starter in swing acct
11:50 am Curtis M : $INVN
11:56 am cam u : OIl meetings likely big play with drillers
11:57 am OILQ K : I like the drillers play too – oil meetings likely positive news with Russia
12:05 pm gary y : thanks
12:05 pm Curtis M : ok back in 12 mins lol
12:17 pm Curtis M : Back from lunch – looks like EPIC’s taget call is in play lol – love EPIC
12:33 pm Curtis M : Running scans for afternoon
12:35 pm Curtis M : 2000 Sold $XIV 46.2658 avg win
12:38 pm Mathew Waterfall : Stalking some WYNN calls here. Likely end of month 94/5s
12:38 pm Mathew Waterfall : $WYNN
12:45 pm Mathew Waterfall : $LVS Dec30 60c’[email protected]. Won’t have a ton of patience with this but will let it play until mid next week at least unless I ge a large move in either direction
12:46 pm Mathew Waterfall : Also looking at adding back $MGM calls to replace what I got out of this AM
12:47 pm Clarissa Nell : Here it comes
12:50 pm Mathew Waterfall : In $MGM Dec30 30c’s @.63. Same play/leash as LVS calls above
12:51 pm Curtis M : $WYNN good call IMO
12:51 pm Curtis M : Got a plan for a play on rig count at 1 pm and put close going in to weekend oil meetings #OOTT $USOIL $WTIC $USO $UCO #Drillers
12:54 pm Mathew Waterfall : In some $WYNN Dec23 100c’s as well. Smaller delta but an early week move up should juice these
12:54 pm Mathew Waterfall : Thanks. Have played this well this week. Weakness on Macau report way over done IMO
01:11 pm Curtis M : 5000 $SDRL long 3.78 ish scaling
02:15 pm Mathew Waterfall : Convenient to have a dog to blame that on haha
02:32 pm Curtis M : Long $XIV 200 46.418 2000
02:33 pm Curtis M : Long $XIV 2000 46.418
02:33 pm Curtis M : Tight stop
02:34 pm Curtis M : $SDRL had a 2.5 cent gain only bahahah played it bad
02:34 pm Curtis M : Out XIV should have opped IMO flat
02:35 pm Mathew Waterfall : Lot of people buying protection up here
02:35 pm Mathew Waterfall : Makes sense, it’s cheap and we are at ATH’s
02:37 pm Curtis M : Taking 10 mins do some scanning and then may call it a day unless theres something at play
02:48 pm Curtis M : So were finally going to publish the remaining algos next week FOR SURE cause theres media coming up before 30 th so look for those posts on the blog.
02:49 pm Curtis M : Im going to hang out till close looking for any end of week plays but likely none. But I’ll be in room till 4
03:05 pm Mathew Waterfall : Think I’m done for the day. HAGW all
03:06 pm Curtis M : cya mathew
03:07 pm market maven : cathya later guys
03:16 pm Curtis M : The rip $SPY
03:29 pm OILQ K : What a great week guys thanks – I’m out.
03:31 pm Curtis M : Tried to warn the Gold bugs
03:59 pm Curtis M : Have a great weekend!

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $SDRL, $IDXG, $XIV, $ES_F, $SLV, $SILVER, $GOLD, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NATGAS, $NG_F, $USD/JPY, $SPY, $VIX


Review of my Chat Room Stock Day Trades, Algo Calls and Alerts for Thursday Dec 8 $COOL, $IDXG, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, and more.

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.

Overview Perspective & Review of Chat Room, Algos, Trades and Alerts:

We’re going to publish the remaining between now and next week in preparaton for all their whte papers before the meda programs air. So this of course helps my trading and the set-ups in my opinion (some continued trends and some are trend changes) – so on the other side of the inflection with some of the algos it should be a decent opportunity to scalle in on mid term trades early 2017 and with the other algos like $SPY and $USOIL we’re able to snip intra etc.

Also, generally in the market it was the Trump Train / reflation trade continued and the small cap super novas were firing on all cylinders.

Primary Lessons That May Help Your Trades:

For those that do follow my trades…. I would the main point right now is that continued patience with the reflective trade portion will pay huge dividends (such as with the US Dollar, Gold, and Silver). I took a lot of heat back in summer and early fall with our calls from folks like Gold bugs when we called the down and they were calling the uptrend. So now it’s a matter of just waiting for that turn…. and it may take a while but scaling in to the turn properly can return huge dividends.

$COOL I got out a bit early and $XIV I may have also executed my exit too early. I was thinking maybe a downdraft in $SPY between Friday and Tuesday morning sometime so I was trying to avoid a continued press on volatility.

 Looking Forward:

There are a tonne of set-ups in the market right now. Still on my watch are emerging markets and Friday / Monday could be smoking hot trading with small cap oil considering the upcoming meetings. Dips on $GOLD are not now being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS hit resistance and it showed so watching $DGAZ and $UGAZ on the break-out side. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since mid November break-out. Looks like there is a replacement for $UWTI and $DWTI on deck $UWT and $DWT so I’m pumped for that – of course with having EPIC around lol.

Crude Oil, Algo

Crude oil moving toward algo targets. Crude algo intra work sheet 613 AM Dec 9 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Announcements in Trading Room:

08:41 am Curtis Melonopoly : Hey guys and gals… if you aren’t signed on as a member we have to hit the switch if you\’ve already been in our room previous for trial. 🙂 Thank you.

08:43 am Curtis Melonopoly : Room member newsletter passwords and links sent. Algo live charting and newsletters with password and link sent. If you don\’t have it in your email inbox let us know.

09:20 am Curtis M : Gainers: VYGR +38%25. TLRD +25%25. LULU +17%25. CTRV +13%25. AVXL +10%25.

Losers: SHIP -43%25. OHRP -27%25. HTBX -18%25. HZNP -18%25. IPI -12%25. PBYI -11%25. VRNT -11%25. NVCN -9%25. JCAP -7%25. ANTH -6%25. CODI -6%25.

09:53 am Curtis M : MEMBER NOTICE: Thursday Trade Room – lead trader and moderator will be intermittently unavailable due to media interviews.

11:37 am Curtis M : Back after lunch 12:45 EST

MEMBER NOTICE: Thursday Trade Room – lead trader and moderator will be intermittently unavailable due to media interviews.

 

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:18 am Curtis M : S&P +0.12%.10-yr -0.28%.Euro -0.76% vs. dollar.Crude +0.92% to $50.22.Gold -0.24% to $1,174.75.
09:19 am Curtis M : Gainers: VYGR +38%. TLRD +25%. LULU +17%. CTRV +13%. AVXL +10%.Losers: SHIP -43%. OHRP -27%. HTBX -18%. HZNP -18%. IPI -12%. PBYI -11%. VRNT -11%. NVCN -9%. JCAP -7%. ANTH -6%. CODI -6%.
09:35 am Curtis M : $IDXG 76%
09:36 am Curtis M : $COOL 57%
09:37 am Curtis M : $COOL Long 5.08 1000 shares for fun
09:39 am Curtis M : $COOL out 5.44
09:42 am Idiyah G : I held out $COOL 5.72
09:43 am Curtis M : nice
09:49 am Curtis M : $COOL May washout snap back here
09:54 am carol b : super cool
10:12 am Curtis M : 196% Halt $IDXG
10:22 am Curtis M : $IDXG 157%, $COOL 57%, $TLRD 39%, $MJPI 28%, $DRAM 25%, $VYGR 20%, $LULU 17%, $PHMD 16%, $CIEN $FGP $CVI $BPMC $VNR $LITE $EW
10:36 am Curtis M : $IDXG 227% wow
10:37 am Rocky D : I played it for profit – looking at VIX
10:47 am Sandy S : $NVAX strong action
11:17 am Curtis M : RUSSIA SEES RISK THAT NON-OPEC MEETING ON DEC 10 COULD BE MOVED DUE TO QUESTIONS THAT HAVE ARISEN – TASS. RTRS. #OOTT
11:26 am Curtis M : $PTIE 8% jiggy
11:36 am Curtis M : $RNVA
11:36 am Curtis M : Taking lunch back at 12:45 EST
02:15 pm Curtis M : sBack from lunch and media interviews sorry guys and gals
02:22 pm Curtis M : $WYNN -7.3%, $MPEL -6.1%, $LVS -5.5%
02:26 pm Mathew Waterfall : Friendly reminder to use stops. Out the rest of my MGM Dec16 30c’s at .77. Currently trading .205
02:26 pm Mathew Waterfall : Had a trailing stop set and got hit on the way down with that massive flush
02:33 pm Mathew Waterfall : SDLP great strength today. Picked up a bit at 3.76. Wish I had more
02:36 pm Mathew Waterfall : You will appreciate this. Copied from another group
02:36 pm Mathew Waterfall : basically “new rules could open the gold market to 1.6 billion muslims”apparently they can’t buy goldhttp://www.marketwatch.com/story/new-rules-for-gold-investing-may-open-the-market-to-16-billion-muslims-2016-12-07
02:56 pm Curtis M : long $XIV 45.56 2000
02:56 pm Curtis M : thx mathew
03:44 pm Curtis M : 46.048 out $XIV 2000 prob early
03:58 pm Curtis M : thanks guys and gals!!! talk tomorow
03:58 pm Sandy S : cya!
03:59 pm Sammy T : peace! out tomorrow all
04:00 pm Curtis M : they bought that dip lol

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $COOL, $IDXG, $XIV, $GOLD, $USDJPY, $USOIL, $WTIC, $NATGAS, $USD/JPY, $SPY, $VIX, $IMNP, $ANTH


Review of my Chat Room Stock Day Trades, Algo Calls and Alerts for Wednesday Dec 7 $JUNO, $CBMX, $UCO, $INPH, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, and more.

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.

Overview Perspective & Review of Chat Room, Algos, Trades and Alerts:

I look to oil related trades as my bread and butter. Now that our other algos are starting to perform like EPIC I’ll be trading with the other five over the coming next few weeks. I mention that because oil of course has lost $UWTI and $DWTI and they were wayyyy better for my style than $UCO (as it relates to oil related).

The market as a whole continues on our pre-election call (that came from FREEDOM the $SPY Algo) of all time highs and a face ripping rally.

Gold and Silver are still in the price target called by our algos months ago (ROSIE the Gold Algo and SuperNova Silver Algo).

Waiting for confirmation for long trades – there’s a warning of a possible downdraft from ROSIE before a rally to bottom of quadrant so I’m waiting patiently).

Volatility $VIX came per our Vexatious $VIX Algo alert yesterday – shoulda lol. Nailing it all the time like the other algos.

$VIX

Vexatious $VIX Algo Alert for increased volatility yesterday

$USD/JPY our algo $DXY_USDindex has been all over hitting the move perfect for months – so here also waiting for the inflection point.

Other than my quick oil trade and the algos nailing it – I was pretty quiet. The market is on fire no doubt.

Primary Lessons That May Help Your Trades:

There were pockets on fire in the market and $SPY per above and $VIX moved per algo call so I missed those. Crude I played a tight play – should really only play the margins of the trading width as they relate also to the algo targets.

Looking Forward:

There are a tonne of set-ups in the market right now. Still on my watch are emerging markets $EEM and others mentioned in previous. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS hit resistance and it showed so watching $DGAZ and $UGAZ on the break-out side. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since mid November break-out.

$NATGAS – we’re working on an algo for natural gas but it’s still not there – but it is starting to hit calls – just not 80 – 93% like the others.

$NATGAS, $UGAZ, $DGAZ

$NATGAS Down draft came. $UGAZ $DGAZ

$EEM

$EEM I should trade my own alerts more 🙂 Nice move. Could be in to some turbulence here.

Announcements in Trading Room:

08:41 am Curtis M : Gainers $IMNP, $ANTH $PLAY, $PPHM $UGAZ, $NVCN $VKTX $ENPH $WDC $ECR $BOIL $JNUG $RIO $NUGT $VALE $PLX

09:06 am Curtis M : Rooms are split today in groups – seeing same thing. If you get moved don\’t sweat it. Gainers $IMNP, $ANTH $PLAY, $PPHM $UGAZ, $NVCN $VKTX $ENPH $WDC $ECR $BOIL $JNUG $RIO $NUGT $VALE $PLX

Stock Chat-room Trading Transcript:

All the chatter removed.

09:17 am Curtis M : S&P -0.05%.10-yr +0.12%.Euro +0.16% vs. dollar.Crude -1.04% to $50.41.Gold +0.74% to $1,178.95
09:19 am Curtis M : Decliners $SIGM $VRA $LADR $PES $LABU $ESV $DGAZ $JDST $DUST $BBG $BLUE $GFI $VKTX
09:20 am Curtis M : Momo: $PLAY $ECR $WDC $EMKR $WEN $CONN $MU $FRSH $ZNGA $STX
09:34 am Mathew Waterfall : Scaling out of some of the MGM calls opened yesterday on morning strength. Also looking at closing/rolling a portion of the CLF calls
09:42 am Wendel T : Pharma incredible all over.
10:17 am Curtis M : 52wk Highs: $KEM $ORN $TITN $TMUSP $TX
10:21 am Curtis M : Here we go…. very soon
10:33 am Curtis M : #EIA #OOTTCrude: -2.389MCushing: 3.783MGasoline: 3.425MDistillates: 2.501MImports: 0.730M
11:10 am Curtis M : Long $UCO
11:11 am Curtis M : 10.667 avg 2000 shares
11:24 am Curtis M : Great trade so far
11:27 am Curtis M : Running scans before lunch break
12:02 pm paul m : $RNVA Active
12:03 pm Herman T : $VIX looking cheap
01:28 pm Curtis M : Lunch longer than expected
01:36 pm Marie M : $ATW
02:09 pm Curtis M : Getting booked for a number of program appearances. Interesting.
02:11 pm Curtis M : Out of $UCO for small gain
02:14 pm Curtis M : Leader board $ANTH $IPI $EMKR $PLAY $CVI $PI $PMHD
02:17 pm Curtis M : Gold getting hammered again
03:34 pm Curtis M : $TWTR short covering
03:37 pm Shafique R : $TWTR squeezing for sure
04:00 pm Curtis M : Well that was a crazy day – tyl
04:00 pm Wendel T : cya curt
04:00 pm Carol B : bye guys
04:00 pm Jack D : peace

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $CBMX, $JUNO, $UCO, $GOLD, $USDJPY, $USOIL, $WTIC, $NATGAS, $USD/JPY, $SPY, $VIX, $IMNP, $ANTH


Review of my Chat Room Stock Day Trades and Alerts for Tuesday Dec 6 $NVCN, $DRYS, $JDST, $JUNO, $CBMX, $UCO, $ATW, $GOLD, $USDJPY, $USOIL, $WTIC and more.

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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

I got an exit on my $JDST swing from Monday.

From Monday:

I took a late day $JDST long entry (which is tough because they’re buying the dips in $GOLD now but I see $USD/JPY not quite done – we’ll see – likely overtrading).

$JDST, Stock, Chart

$JDST Overnight worked in and out

I am still holding $JUNO and $CBMX. $JUNO I’ll likely re-hit. When I trade a wash-out as a swing I’m prepared for a 1000 then 3000 then 5000 ish entry as pull backs occur (you” see this if you follow my trades). My video series on our You Tube channel of the $SKLN trade covers it in detail (really raw). Which by the way I have $SKLN on watch again here too.

$CBMX, Stock, Chart

$CBMX Swing – conviction trade vs. snipe gets me 10% today – holding

$JUNO, Stock chart

$JUNO A washout swing I’m in that I just about hit for 3x today but didn’t. Holding.

Primary Lessons That May Help Your Trades:

$JDST I sold a tad early (a habit I need to break and refine)… but a profit is just that (same story as $SGY on Monday). My original entries did not give me a 4 to 1 minimum risk reward. They are starting to buy the $GOLD dips instead of selling the rips so my $JDST risk-reward potential WAS NOT 4 to 1 (in a high probability way) which (as noted yesterday) breaks a primary trading rule.

$CBMX swing go a nice 10% pop today and $JUNO had some down draft but you’ll see the instutional guys hammer down.

My $UCO trade was tight – didn’t see the pop in Oil I though we’d see. And as was my $DRYS and $ATW entries.

Today was a day I should have caught the momos… ESPECIALLY $NVCN IT WAS ON MY PREMARKET WATCHLIST!!!

$NVCN, Stock, Watchlist

$NVCN Crazy momentum stock straight from the watchlist this morning! Wow.

Looking Forward:

There are a tonne of set-ups in the market right now. Still on my watch are; emerging markets, $EEM, $LPCN, $DVAX, $DNAI and my buddy’s $SRPT and others are setting up. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS hit resistance and it showed so watching $DGAZ and $UGAZ on the break-out side. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since Nov 30 break-out (so this makes trading oil related easier for me) and I’m not sure what $SPY will do.

Announcements in Trading Room:

08:48 am Curtis M : Gainers: $TXMD 31%, $HTBX 23%, $IL 15%, $PPHM 10%, $MEMP $VKTX $NVCN $SAGE $UGAZ $IPDN $DEPO $BOIL $ENPH $NVLS $IMMU $COUP

10:06 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you\’re moved. All looks the same anyway. Were getting ready for multiple rooms.

11:59 am Curtis M : On lunch – back at 12:45 EST. Sartaj is moving blocks of people between rooms so don’t sweat it if you\’re moved. All looks the same anyway. Were getting ready for multiple rooms.

Stock Chat-room Trading Transcript:

09:03 am Curtis M : Active momo $TXMD $IL $DRYS $SAGE $IPDN $DEPO $COUP $CLNE $DB $IMMU $CLLS $CONE $GOGL
09:22 am Curtis M : $RCON $TXMD $HTBX $IL $NVCN $VKTX $DRYS $SAGE $IMMU $NVLS $COUP $ENPH $ESEA
09:25 am Curtis M : Not excited about premarket momos fyi I may focus on oil gold natgas spy etc at open
09:39 am Curtis M : running scans
09:49 am Mathew Waterfall : Out of my JNUG calls. small win but would rather take risk off there
09:52 am Curtis M : Long $UCO 10.79 starter 1000 shares swing
09:53 am Curtis M : I’ll scales in at 3000 then 6000 if trend is on my side $UCO
09:55 am Mathew Waterfall : Hitting next week MGM 30’s Breaking upside resistance
09:55 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
10:00 am Mathew Waterfall : Also reloading a small position in CLF on daily weakness. Jan17 12c’s
10:25 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
10:25 am Curtis M : I had a cuple people moved to another room DM me so thats why I will repost notice as the day goes on FYI
10:40 am Curtis M : New 52wk Highs: $KLIC $MAR $PJT
10:40 am Curtis M : New 52wk Lows: $GALE
10:46 am Curtis M : JUST IN: European Union clears Microsoft’s $26B buyout of LinkedIn with conditions. $LNKD $MSFT
10:56 am Curtis M : Scaling in another 5000 $UCO off the $USOIL $WTIC intra OIL bottom – add to 1000 intra
11:00 am garreed e : .
11:00 am Curtis M : Looks like a back test
11:02 am Curtis M : Long $UCO 10.79 starter 1000 shares swing from earlier entry and looking to scale in another 5000 here soon
11:37 am Curtis M : $DRYS
11:37 am Curtis M : $DRYS 13%
11:48 am Mathew Waterfall : Pretty quiet day overall. I think between now and year end things will remain fairly calm barring some actionable event. Hopefully we can mix that with some year end window dressing and get a melt up going
11:49 am Curtis M : $DRYS HOD + 2.13%
11:51 am Curtis M : $SHP sorry
11:51 am Curtis M : $SHIP HOD
11:59 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
12:57 pm Curtis M : back for afternon session
01:01 pm Curtis M : $JDST out 34.36 ish
01:03 pm Mathew Waterfall : MNKD Crushing it today. Picked up a few common’s to play against yearly low. A couple points of resistance between here and $1 but it should move
01:04 pm Mathew Waterfall : The yearly chart is nuts
01:08 pm Curtis M : Long $DRYS 5.026 1000 shares scale at 5k then 10k if it goes my way tight leash pray
01:12 pm Curtis M : Out 5.50 gonna re-enter $DRYS
01:13 pm Curtis M : 5.05 sorry
01:28 pm Mathew Waterfall : DNAI longer term hold IMO. I have a couple shares but looking for 2+ in the coming weeks
01:29 pm Mathew Waterfall : NFLX crushing
01:29 pm Mathew Waterfall : CLF also acting better along with XOM went red/green
01:52 pm Mathew Waterfall : MGM HOD. Calls working there nicely.
01:52 pm Mathew Waterfall : hahaha I’ve been told that I have a face for radio…
01:59 pm Curtis M : 133% $NVCN
02:14 pm Curtis M : Long $ATW 2000 at 11.339 – out flat
02:27 pm Curtis M : $NFLX
02:28 pm Mathew Waterfall : Looking for some rotation into tech and possibly let fins cool off a bit. Running hard into the rate hike might not leave much on the table for afterwards
02:30 pm Mathew Waterfall : Gotta run early again today. See ya tomorrow AM. Make some $$$
02:31 pm Curtis M : cya
02:31 pm Curtis M : thanks
02:32 pm HighTimes Now : bye Mathew
02:50 pm Curtis M : Leaderboard $NVCN +96% $RXII +53% $CRDS + 25% $FRBK 24% $IPI + 19%
03:25 pm Curtis M : Out $UCO small gain
03:25 pm Curtis M : Im done for day – se ya tomorrow – I’ll leave room open till market close at 4 EST

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SKLN, $CBMX, $JUNO, $DRYS, $JDST, $ATW, $UCO, $GOLD, $USDJPY, $USOIL, $WTIC


Review of my Chat Room Stock Day Trades and Alerts for Monday Dec 5. $JDST, $AGIO, $SGY, $JUNO, $CBMX, $GOLD, $USDJPY, $USOIL, $WTIC and more.

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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

Monday morning I sold off my $SGY swing position from last Thursday average 7.09 cost basis at 8.295 for a tidy profit (it was a larger swing entry). I also scalped $AGIO wash-out that I expected a snap back in. I took a late day $JDST long entry (which is tough because they’re buying the dips in $GOLD now but I see $USD/JPY not quite done – we’ll see – likely overtrading) and I am still holding $JUNO and $CBMX.

Primary Lessons That May Help Your Trades:

$SGY I sold a tad early in the morning run-rup… but a profit is just that. My original entries did not give me a 4 to 1 minimum risk reward. They are starting to buy the $GOLD dips instead of selling the rips so my $JDST risk-reward potential IS NOT 4 to 1 which breaks a primary trading rule for sure.

Looking Forward:

There are a tonne of set-ups in the market right now. Bios coiled hard this morning. Emerging markets, $EEM, $LPCN, $DVAX, $DNAI and my buddy’s $SRPT and others are setting up. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS is getting close to resistance. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since Nov 30 break-out (so this makes trading oil related easier for me) and I’m not sure what $SPY will do.

Announcements in Trading Room:

08:24 am Curtis M : Risk Disclaimer https://compoundtrading.com/disclosure-disclaimer/

09:21 am Curtis M : Gainers: HTBX +10%25. SGY +10%25. FGP +10%25. INO +9%25. ORIG +8%25. GMED +6%25. FCAU +5%25. BAK +5%25. SDRL +5%25.

Losers: CERC -39%25. GPL -9%25. HMY -6%25.

Stock Chat-room Trading Transcript:

09:04 am Curtis M : Gainers Watch-List: $CGIX $FRP $BLCM $UGAZ $HTBX $TRIL $LBIO $FGP $CHMA $VNR $BOIL $NAK $KEM $CEMP $BAK
09:07 am GSCT . : Nice move SGY this a.m.
09:11 am Sami T : $SGY should come along today – we’ll see how oil does
09:12 am Curtis M : $SGY high risk but I’m in t to win it:)
09:35 am Curtis M : Out $SGY swing 8.295
09:36 am Mathew Waterfall : Exiting some of the CLD Dec9 10c’s opened last week. .7 from .26
09:36 am Mathew Waterfall : *CLF
09:44 am Curtis M : Decent wash out $AGIO
09:46 am Curtis M : Long $AGIO 49.09 500 swing
09:47 am Curtis M : Out 49.46 looking for reentry
10:05 am AW H : Leaderboard $SGY $FRP $FGP $LGCY $OPTT $HTBX $WTI $EYEG $EMES
10:05 am Curtis M : Appreciate that Andrew
10:14 am Curtis M : I doubt anyone listened to @ROSIEtheAlgo warnings about Gold – I’m assuming of course
10:17 am Curtis M : $NDRM 29% move seems a little aggressive
10:18 am Curtis M : wow
10:19 am Mathew Waterfall : Following a sweep back into some BAC calls. Dec16 22.5’s. Fins took a breather late last week, expecting more movement and the price is cheap enough
10:20 am Curtis M : Bios are getting really fired up – a lot of coiling on the board
10:26 am Curtis M : Looking for 115.80 – 116.00 ish USD/JPY to start scaling in to miner’s long
10:27 am Curtis M : May get a pull back at 144.78 but waiting
10:37 am Curtis M : NATGAS should pull back soon
10:50 am Curtis M : $EEM setting up bullish
11:14 am Curtis M : On lunch until 12:15 EST
11:46 am Mathew Waterfall : In some Jan HOV 2.5’s. Clear breakout mode but this think needs to juice quickly for a decent chance at a gain.
11:47 am Mathew Waterfall : In @.10
12:05 pm Mathew Waterfall : In a few JNUG calls as well. Sweepers have been active there. Low risk lotto style weeklies. Won’t play this heavy until we actually get the trend reversal underway and the USD/JPY plays nice
12:37 pm Curtis M : back
12:37 pm Curtis M : lunch a little longer than expected
12:49 pm Curtis M : $EGO revving up
12:54 pm Curtis M : $NVCN $VNR $BCEI $TDW $SGY $UGAZ $AMMJ $LGCY $FGP $FRP $OPTT $HOS $CBEO $WTI $ORIG $KITE
12:55 pm Mathew Waterfall : Miners on the move. Dollar coming off, USD/JPY finally chilling
01:03 pm Curtis M : Looking at $JDST long
01:06 pm Mathew Waterfall : I like it. Those JNUG calls already working for me
01:07 pm Mathew Waterfall : May pick up some long term GDX calls as well if move confirms over next day or two
01:09 pm Mathew Waterfall : Biggest surprise to me here is the lack of action in OIL given the dollar fall
01:16 pm GSCT . : Why JDST and not DUST?
01:18 pm Curtis M : Oversold relative
01:45 pm Curtis M : Scaling in 2000 $JDST long
02:11 pm Curtis M : Scaling in another 2000 $JDST
02:53 pm Sami T : $LAZ jumpy
02:55 pm Sami T : $EEM risk off
02:57 pm Ralph H : $DVAX Setting up gap fill soon
02:59 pm Curtis M : $DVAX looks great
03:18 pm Curtis M : $NVCN surprising
03:23 pm Jack T : $NVCN peeps buying high of day
03:29 pm Mathew Waterfall : Signing off early today, meetings later. Have a good night all. See ya in the AM
03:32 pm Curtis M : Bye Mathew
03:32 pm AW H : ttyl Mat
03:33 pm Curtis M : Im at my avg buy lol $JDST 33.45
03:56 pm Curtis M : Well I’m calling it a night – thanks for coming out folks! TTYL

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $JDST, $AGIO, $SGY, $JUNO, $CBMX, $GOLD, $USDJPY, $USOIL, $WTIC 

 


Review of my Chat Room Stock Day Trades and Alerts for Friday Dec 2, 2016. $JUNO, $CBMX $SGY, $EVHC, $VTNR, $ASNA, $USOIL, $WTI and more.

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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

Friday was very quiet for me. The Italy referendum was on deck, $USOIL $WTI Oil was at it’s Fib and algo resistance and $GOLD $SILVER were in holding patterns (getting jiggy), $GDX miner’s were starting to get jumpy and the morning momo’s were not set-up extremely well (although some morning momo traders I know did get some scalps – most of those specific traders seen red momo morning).

I am still holding $CBMX, $JUNO and $SGY.

Primary Lessons That May Help Your Trades:

No lessons Friday from my trades as I was waiting for trend confirmations (inflection point in markets). I did have one trader DM me and challenge me on my sitting on hands with $SILVER and $GOLD etc…. I simply responded that when it’s time to hammer down I will stay in the trend and add at pull-backs and that time is easily made up for.

Announcements in Trading Room:

08:50 am Curtis M : Gainers and Losers http://thestockmarketwatch.com/markets/pre-market/today.aspx

10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT

Stock Chat-room Trading Transcript:

09:23 am Curtis M : Gainers: $NVCN $NVFY $FIVE $HTBX $SGY $BAK $VNR $SEMI $BNSO $ULTA $MTU $BCEI $GOGL $JCP $ARWR $DGAZ $TLK $BIG $IM $RICE
09:42 am mathew w : Early day for me so not many moves. Just hit CRM dec9 70’s for a bounce back after last night’s flush
09:52 am Curtis M : New 52wk Highs: $EPM $SLM $VASC $WBS
10:04 am Curtis M : Watching $VIX $NUGT $$USD/JPY
10:12 am GS CT : What could? Gold?
10:12 am GS CT : Thanks.
10:18 am GS CT : What is your preferred Gold ticker to play? NUGT GDX ??
10:20 am mathew w : JUNO moving for you guys who took the trade and got underwater
10:20 am mathew w : I’m out for the weeked. Have a good trading day and weekend all
10:20 am GS CT : Me too. it can have erratic price moves though.
10:21 am susan woo : Curtis, you interested in buying AUMN? I’m in already
10:21 am susan woo : Steady Eddy, wish it would go
10:23 am susan woo : NAK another good one
10:32 am susan woo : The gold reversion time is around early January? I missed what you were saying ealrlier
10:38 am susan woo : thanks
10:44 am GS CT : Before it goes higher or lower?
10:44 am GS CT : SPY
10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT
10:54 am Curtis M : If oil blows thru 51.77 it could really run FYI
10:56 am Curtis M : OIl has lots of room above 51.77
11:52 am Curtis M : Just runniing scans until it picks up
01:52 pm Curtis M : Next stop for Oill 51.77 and lots of room above
02:05 pm Curtis M : Leaders $EVHC 211% $VTNR 22.86% $ASNA 21.01%
02:47 pm GSCT . : Think oil will backtest here. Has tht look.
02:48 pm GSCT . : That was actually a question.
03:04 pm Curtis M : $SGY pinch 20 and 100 on the 3
03:05 pm Curtis M : oil = bull
03:56 pm Curtis M : A little $VIX insurance not a bad thing here #Italy if you’re holding large over weekend FYI
03:56 pm Curtis M : OIL bulls not letting go
04:00 pm Curtis M : Well… lackluster day but excellent set up for Monday IMO
04:00 pm Curtis M : over and out have a great weekend!

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SGY, $JUNO, $CBMX, $USOIL, $WTI, $GOLD, $SILVER, $GDX


Review of my Chat Room Stock Day Trades and Alerts for Thursday Dec 1, 2016.  $JUNO, $SGY, $USOIL, $UCO, $APPY, $TLYS and more.

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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

Today was for me was $UCO long earlier in day that went well and $SGY entry that is a bag. I looked up my bad holding from last 12 months and I got out of 13 of 15 so hopefully this is the case with $SGY. I now have $JUNO, $CBMX and $SGY (3 current bags).

 

Primary Lessons That May Help Your Trades:

The $UCO trade was executed well – just wish it was larger. The $SGY trade was executed poorly – I went in to FOMO mode right at high of day because the tape was squeezing and oil was close to another break-out and to add to it I didn’t cut fast. But I did hold because I have traded it before – it does spike and I think oil early next year has a high probability of 60+. I have other reasons for holding too – but I should have cut. My $JUNO trade is a bottom trade that I’m comfortable with holding. All in all a fairly undisciplined day – not my style normally.

 

Announcements in Trading Room:

08:57 am Curtis Melonopoly : Not much new / updated here but here it is https://compoundtrading.com/pre-market-newsletter-thursday-dec-1-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

08:52 am Curtis Melonopoly : Shippers, Energy, $BLUE $CLRB $BSTG $CBK $CLC $DRYS $GLBS, $DCIX
08:53 am Curtis Melonopoly : $BLUE $COTV $LEI $DRYS $SDRL $SKX $UGAZ $UWTI $QIWI $WLL $CS $CHK $OAS $JDST $UCO
08:56 am Curtis Melonopoly : https://compoundtrading.com/pre-market-newsletter-thursday-dec-1-gold-silver-usoil-wti-usdjpy-spy-vix/
09:10 am Curtis M : http://thestockmarketwatch.com/markets/pre-market/today.aspx
09:18 am Curtis M : downgrades $QUAD $TRGP $USB $ZION $RF $WFC $CERN $CMI $AJG $Q $WEN $MCD
09:19 am Curtis M : upgrades $WLL $SM $LNN $EOG $APC $NGG $SMTC $INST $SKX $DRI $DE $TRV
09:19 am Curtis M : Wll review algos after open settles down.
09:25 am Curtis M : $TWTR Disney chatter
09:35 am Curtis M : Lng $JUNO 2000 20.13
09:46 am GSCT . : SKLN pop
09:50 am Sandra T : $GEVO good action
09:59 am Sam E : $DRYS should go
10:00 am Curtis M : Watching $NATGAS for reversal $USOIL for break out $GOLD for bottom of quad $SILVER to confirm reversal $SDRL for squeeze $TWTR rumor Disney
10:03 am mathew w : Just entered Sdrl above previous resistance. Watching below the 2.9 level
10:04 am Curtis M : .
10:05 am Curtis M : Long $UCO 3000 10.905
10:06 am Curtis M : Going to have to reset charts already opera slow
10:06 am GSCT . : Why not Chrome?
10:08 am Curtis M : opera better for averting hacks – we’re getting hacked
10:08 am Curtis M : been constant last 3 weeks
10:09 am GSCT . : Wow. Jeez.
10:10 am Curtis M : I thouhgt it was Panama but nope
10:11 am Curtis M : Sartaj thinks its because of the financial footprint – stocks
10:13 am mathew w : Upper target 51.25 on /cl
10:13 am mathew w : I have both futures and UCO targeting that level
10:14 am mathew w : Also back in some CLF Dec9 9.5 calls
10:15 am mathew w : Reload for me after selling last wek
10:25 am Curtis M : So as I go thru algo charts today go ahead and post questions and I’ll try and get to them thru day
10:35 am mathew w : OIL!
10:38 am mathew w : Just trimmed some of my position for a quick drop to reenter
10:48 am Curtis M : Order for 6000 shares $UCO long 51.20 and abover 1000 at each penny
10:57 am mathew w : Im out. Hit my .25 level
11:14 am Curtis M : $WLL 29% $NOG 20% $ATW 19% $RIG 16%

11:20 am Curtis M : Scaled out 11.20 ish for decent win on 9000 shares
11:24 am Curtis M : Fib 51.77 full extension and 52.05 ish full measure moved lots of air above 51.77 tho $FX $USOIL $WTI
11:36 am Curtis M : Watching $GOLD for $NUGT play
11:36 am Mathew Waterfall : I’ve had a JNUG and USD/JPY split screen on one of my screens all week. JPY is just relentless
11:36 am Curtis M : ya
11:53 am GSCT . : /CL may retest HOD
11:59 am dan o : Pit close may get right out of control today
11:59 am Curtis M : lol
12:01 pm GSCT . : /CL HOD
12:02 pm GSCT . : What was the Fib level you expected here?
12:02 pm GSCT . : 51.77
12:02 pm GSCT . : ?
12:03 pm GSCT . : Here we are.
12:06 pm Mathew Waterfall : I’m back long against the 10 day on the 1′
12:06 pm Mathew Waterfall : frontrunning a bit
12:06 pm GSCT . : /NG 3.5
12:07 pm Mathew Waterfall : Just heard 3.87 from a guy I follow who is right way more than wrong
12:07 pm Mathew Waterfall : Said it was a long term hit though
12:12 pm GSCT . : Think a backtest is imminent /CL today?
12:14 pm GSCT . : Usually there is after this kind of up move.
12:15 pm GSCT . : This may be it now.
12:15 pm GSCT . : For 1 or 2 %
12:18 pm GSCT . : That won’t end well
12:43 pm Curtis M : Long $SGY 7000 8.03 avg
12:54 pm Mathew Waterfall : Rolling and selling RIG calls opened yesterday
12:55 pm Mathew Waterfall : Sold half, rolled hald to DEC30 14.5s. I’m in the green so free trade from ehre for further squeeze
01:11 pm Curtis M : If $SGY comes off I’ll hit t again at 7.00
01:12 pm Curtis M : I’m in long swing if needed through to spring with 12 – 14 target on $SGY
01:12 pm Curtis M : Running scans
01:13 pm Curtis M : If Ol comes off today I’d peg it at 51.09 ish for a bounce
01:14 pm Curtis M : Going for coffee back in 20 mins
02:07 pm Curtis M : Running scans
02:08 pm Mathew Waterfall : BTO TLT Jan17 124/126 call spread. Will trade against this if need be
02:23 pm Curtis M : Long $SGY scaling in 7000 we’ll see
02:24 pm Curtis M : If price doesn’t go north I’ll cut on these entries but hold and swing oriiginal entries
02:25 pm Curtis M : In 1 of 7 now
02:25 pm Curtis M : 3 of 7
02:29 pm Curtis M : 7 of 7
02:41 pm Curtis M : $SKLN looking good today
02:41 pm Curtis M : out 7k
02:48 pm Curtis M : $SKLN popped
02:54 pm Curtis M : scaling back in $SGY – yes I’ll do this until grip
02:55 pm Mathew Waterfall : I like your call long term. Short term support seems to be around 4.9
02:56 pm Curtis M : I hate pain trades lol but when i get aggresive I seem to end up in them
02:56 pm Curtis M : I just checked last year 15 bags out of 13 positive
02:57 pm Mathew Waterfall : Tis the season I suppose. It would owrry me if it makes another run into that overhead gap and fails and filling it again
02:57 pm Mathew Waterfall : Nice!
02:57 pm Curtis M : Long holds tho
02:57 pm Curtis M : Months
02:58 pm Mathew Waterfall : That’s the thing with the low floats. As long as you get the entry right, you’ll get a spike sooner or later
02:58 pm Mathew Waterfall : Just depends on how long and how much pain you sit through on the way
02:58 pm Sam E : I like $SGY play
03:00 pm Curtis M : Scaling out 7 k
03:00 pm Curtis M : oops nope
03:00 pm Curtis M : sorry
03:00 pm Curtis M : lol
03:00 pm Curtis M : Sending my wife off here set stop on 7 of 14 back at 330 at latest
03:21 pm Curtis M : stop got hit for the record 6 cent loss
03:22 pm Curtis M : still in 7k
03:22 pm Curtis M : sorry 3 cent loss
03:25 pm Curtis M : back in 6.29 avg
03:25 pm Curtis M : tight stop
03:32 pm GSCT . : But you added more to you rposition then sold? Not sure I understand what you did SGY.
03:33 pm Curtis M : out tiny loss im holding 7k
03:33 pm Curtis M : sorry confusing myself
03:33 pm Curtis M : holding 14 k 7 k with tight stop
03:34 pm Curtis M : nope sorry stop got hit only holding 7 lol geesh
03:35 pm Curtis M : im getting on a conference – u guys have a great night – if i get a re-entry ill post it
03:35 pm Ronny D : night
03:43 pm Curtis M : back in for another try scaling here
03:45 pm Mathew Waterfall : Followed a sweeper through on some dec 2 MGM calls. Japan ruling should give this a boost. lotto 29
03:48 pm Curtis M : having a hard time getting fill here
03:50 pm Curtis M : I am going to just watch after hours for a good fill dont want to leave it for morning
03:50 pm Curtis M : oh there got it lol
03:50 pm Curtis M : in for 7k total 14 k hold overnight 2nd fill avg looks like 6.265
03:51 pm Curtis M : no stops im in
03:51 pm Curtis M : have a good night all!
03:57 pm GSCT . : IS that your overall position average?
03:57 pm GSCT . : Or your second lot of 7k?

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SGY, $JUNO, $USOIL, $UCO, $APPY, $TLYS