Compound Trading Premarket Trading Plan (Trade Alerts, Stock Market News & Chart Set-Ups) Monday October 8, 2018.
In this premarket trading edition: $CLDC, $FEYE, $ARWR, $VIX, $WTI, OIL, $SPY, $BTC, Time Cycles, Volatility, Forecasting and more.
Welcome to the morning Wall Street trading day session at Compound Trading Group.
Notices:
Notes in red text in this report are more recently important.
Scheduled Events:
- Oct 8 – Lead trader booked for main trading room for market open, mid day review and futures trading this evening (as available and as market demands).
- Main live trading room – 24 hours a day (regular sessions and futures, with 1 hour breaks every 10 hours for server reboots) live recorded trading with Lead Trader. Exceptions include; Trade Coaching Boot Camps, Special Trading Webinars and when Lead Trader is not available.
- What’s New / Work in Progress:
- New pricing published representing next generation algorithm models (existing members no change).
- Next generation algorithm models roll out (machine trading Gen 1).
- Trading Profit and Loss Published for Q1 and Q2 2018 (a report detailing trading / alert performance of our team).
- Trading Boot Camp Event videos become available on Compound Trading website.
- Previously recorded Master Class Videos will become available for download on website.
- New Trading Boot Camp Events to be announced
- 1 day Oil Trading Bootcamp (online only)
- 1 day Swing Trading Bootcamp (online only)
- 3 day Trading Bootcamp November 2018 (online or in person)
- Sept 18 – Raw Trading Boot Camp Videos were emailed to members.
- Sept 18 – Previously recorded Master Class Series were emailed to members.
- Sept 14-16 Cabarete Trade Coaching Boot Camp went well, there are a series of post links on this landing page that detail what our itinerary was each day etc.
- Machine Trade Coding Team Mandates: In current development and roll-out has commenced (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Operate 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and (4) Machine Learning.
Premarket Report: On lead trader availability basis only (the pre-market 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:
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.
Oct 3 – Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).
Sept 17 – Protected: Trade Alerts (w/ video): $VIX $WTI $CL_F $PROQR $CARA $BOX $BABA $SSW $SPY $FB $SENS
Sept 5 – 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.
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:
Time cycle dates expiring in markets for big moves…. started end of July, next Oct 10, Nov 11, mid Dec big in to Q1 19. Distributing trading models starting tonight for time frames in expectation for #Oil, #Gold, #Silver, #Bitcoin, #SP500, #Volatility, #USD It’s big, watch.
Further to that public Twitter post, over next two quarters I expect the equity markets to continue under serious pressure in to rates, after a technical retracement oil to skyrocket unless Trump can get a handle on the price somehow (trying with Saudi’s now), Dollar likely to spike hard for some time then fall off a cliff, volatility to increase, Gold and Silver get up and going soon and Crypto to fly. That’s my bias, thesis, trading plan in to next two quarters. Timing will be key. All of our reporting will reflect this near term and will also focus on key swing trading set-ups within themes.
Time cycle dates expiring in markets for big moves…. started end of July, next Oct 10, Nov 11, mid Dec big in to Q1 19. Distributing trading models starting tonight for time frames in expectation for #Oil, #Gold, #Silver, #Bitcoin, #SP500, #Volatility, #USD It's big, watch.
— Melonopoly (@curtmelonopoly) October 8, 2018
Notes from last trading day (Friday) premarket:
TESLA on watch in lower area of recent range, likely take a short term swing trade in TSLA today – long.
Gold, Silver and others I have now and I’m doing final edits. To be distributed over next day or two. Letting the set-ups firm up and start trading them again possibly as of Sunday night futures.
Likely start trading Bitcoin XBTUSD and VIX in to next week now also in to mid Dec time cycle.
SPY got a bump in premarket with jobs numbers, as with others above likely trading that aggressive in to time cycle peak mid Dec also come next week.
Oil in a small pull back but expect bullish trend to continue next week.
Market Observation:
Markets as of 7:18 AM: US Dollar $DXY trading 95.66, Oil FX $USOIL ($WTI) trading 73.38, Gold $GLD trading 1194.06, Silver $SLV trading 14.46, $SPY 287.56 (premarket trade), Bitcoin $BTC.X $BTCUSD $XBTUSD 6592.00 and $VIX trading 16.3.
Momentum Stocks / Gaps to Watch: $INTC
32 Stocks Moving In Monday’s Pre-Market Session https://benzinga.com/z/12470853 $ALT $TTPH $ONDK $RDC $ESV $GE $PBR $ACH $TLRY $UPWK $NVO $VID $IRBT $FCAU $GPRO
News:
Ensco and Rowan Cos. to combine in deal with enterprise value of $12 billion.
#5things
-China easing
-Brazil election
-Italian assets slump
-Markets drop
-Nobel prize
https://bloom.bg/2pI3jiQ
Recent SEC Filings / Insiders:
Recent IPO’s:
OFS credit prices IPO at $20 a share to raise $50 million $OCCI #IPO https://on.mktw.net/2E0yJLa
Blank check company Collier Creek prices IPO.
Earnings:
#earnings for the week
$JPM $C $WFC $WBA $DAL $FAST $AZZ $PNC $HELE $CBSH $FRC $SAR $EXFO $VOXX $DAVA
#earnings for the week $JPM $C $WFC $WBA $DAL $FAST $AZZ $PNC $HELE $CBSH $FRC $SAR $EXFO $VOXX $DAVA https://t.co/r57QUKKDXL https://t.co/rCvvoZ5oRX
— Melonopoly (@curtmelonopoly) October 8, 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 some time). Trade alerts and stock chart set-ups should be traded as decision to decision process – when the trade set-up fails cut your position fast. Leg in to the winners at key resistance and support (at retracement or breach) and exit the losers fast based on technical support and resistance. Not all set-ups work, the purpose of technical analysis is to provide the framework for your trade (the chart structure enables the trader to set stops where a trade is a failed trade and leg in to winners and trim winners per the chart). The purpose of trade alerts is to bring awareness of the trade set-up in play but you have to execute the trade based on your trading strategy that should be harnessed in your rules based process.
China Lending (CLDC) premarket up 81% trading 1.54 taps the 200 MA on 240 Min Chart $CLDC #daytrading #premarket
ARROWHEAD PHARMA (ARWR) Holding trend support area-ish for long bias set-up in premarket.
FIREEYE (FEYE) premarket holding up channel structure for long bias, may take first entries in to open.
ROKU (ROKU) in pull back could see 58.52, on bounce looking for 78.01 then 87.75 ON WATCH $ROKU #swingtrading #setups
FIREEYE (FEYE) trading 17.35 current trajectory implies 19.31 or 22.32 price target Dec 1 2018 time cycle peak #swingtrade #tradealerts $FEYE
SP500 (SPY) Under pressure, careful with trajectory inflection lines (red) when trading long $SPY $ES_F $SPXL $SPXS #SPY #SwingTrade #Daytrade
SHOPIFY (SHOP) Hit price target from last trade alert, coming off to mid quad 200 MA support, follow trajectory after Oct 9 time cycle $SHOP #swingtrading
ARROWHEAD PHARMA (ARWR) Long positions starting at channel trajectory support mid 15s. Solid range support near 13.14 $ARWR #swingtrading #chart
APPLE (AAPL) premarket testing highs, leading the charge. $AAPL #premarket #trading
$ROKU #daytrading #tradealerts
$ROKU #daytrading #tradealerts pic.twitter.com/RWXQcogTll
— Melonopoly (@curtmelonopoly) October 1, 2018
ALLERGAN (AGN) Looks like it may not be ready to retrace to bottom of channel in forecast, testing new highs.
TESLA (TSLA) Upper and lower price targets in to next time cycle nearing $TSLA #tradealerts #swingtrading
FACEBOOK (FB) premarket up over 50 MA on 240 min chart, watch 167.60 resistance overhead $FB #swingtrade #tradealerts
NETFLIX (NFLX) perfect turn at previous alerted trendline support 309.54, cleared 313.52 res (red blue) 338.66 mid quad bounce $NFLX #swingtrading #tradealerts
NETFLIX (NFLX) Part 2 – past 361.91 key resistance, over 200 MA 380 mid quad resistance on deck trading 372.11 $NFLX #swingtrading #tradealerts
NETFLIX (NFLX) PT 3 over 380 mid quad resistance, targets 395.57 trendline (gray dotted) 398.20 red blue key resistance $NFLX #swingtrading #tradealert
VOLATILITY (VIX) So we have a MACD turn up on weekly chart structure, Stoch RSI SQZMOM up, 20s possible Oct 1. $VIX $TVIX $UVXY #volatility #chart
BITCOIN (BTC) Wedge chart pattern on daily time-frame chart. $BTC $XBT $XBTUSD #Bitcoin #Chart
Market Outlook, Market News and Social Bits From Around the Internet:
The most striking change in last weeks COT update was the net-selling seen in both #Brent and #WTI crude #oil. Despite all the talk about supply shortages and $100/b before year-end leveraged funds instead chose to reduce exposure. #OOTT
The most striking change in last weeks COT update was the net-selling seen in both #Brent and #WTI crude #oil. Despite all the talk about supply shortages and $100/b before year-end leveraged funds instead chose to reduce exposure. #OOTT pic.twitter.com/6xZ61sdHSG
— Ole S Hansen (@Ole_S_Hansen) October 7, 2018
Saudi Crown Prince’s 2021 Aramco IPO Deadline Is a Daunting Test – It’s not yet clear if they can pull it off https://www.bloomberg.com/news/articles/2018-10-08/saudi-crown-prince-s-2021-aramco-ipo-deadline-is-a-daunting-tes
The U.S. yield curve has steepened over recent days, assuaging some concerns about a near-term inversion. This will likely make the Fed feel even better about a December hike, market implied probability currently ~70%. {@TheTerminal Chart Link: https://bloom.bg/2BZPnrL }
The U.S. yield curve has steepened over recent days, assuaging some concerns about a near-term inversion. This will likely make the Fed feel even better about a December hike, market implied probability currently ~70%. {@TheTerminal Chart Link: https://t.co/5diPQvzC3M } pic.twitter.com/0uHBqOzc9b
— Michael McDonough (@M_McDonough) October 8, 2018
Pretty amazing chart showing equity performance so far in October based on market cap. The smaller the stock, the bigger the drop. https://www.bespokepremium.com/think-big-blog/bigger-has-been-less-bad/ … $SPY
Pretty amazing chart showing equity performance so far in October based on market cap. The smaller the stock, the bigger the drop. https://t.co/4bXK1x5UXk $SPY $$ pic.twitter.com/H1rybtOmg4
— Bespoke (@bespokeinvest) October 8, 2018
Companies buying back stock but executives at those comps are doing the exact opposite: dumping their shares at record clip. Corp insiders sold $10.3bn worth of stock in Aug. That’s the highest amount of selling in the month of August over the past 10yrs. https://www.barrons.com/articles/companies-are-buying-back-stock-as-executives-sell-at-record-clip-1538787736 …
Companies buying back stock but executives at those comps are doing the exact opposite: dumping their shares at record clip. Corp insiders sold $10.3bn worth of stock in Aug. That’s the highest amount of selling in the month of August over the past 10yrs. https://t.co/8dDnJPzVXY pic.twitter.com/vmGSEQlHMy
— Holger Zschaepitz (@Schuldensuehner) October 6, 2018
7. Sooner or later the $FED is going to blow up US High Yield credit… @TopdownCharts https://www.topdowncharts.com/single-post/2018/10/05/Chart-Of-The-Week-The-Fed-vs-Junk-Bonds … $JNK $HYG
7. Sooner or later the $FED is going to blow up US High Yield credit… @TopdownCharts https://t.co/2ZbaJnfTKr $JNK $HYG pic.twitter.com/uQCcH2kNPr
— Callum Thomas (@Callum_Thomas) October 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: $CLDC $ALT $BRZU $ACRX $CIG $IGC $PBR $GOL $KALA $ITUB $BBD $PYX $CRMD $EARS $FPAY $EWZ
(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: $PBR $ASMB $ANCX $GE $CAG $WLTW $LMAT
(6) Recent Downgrades: $BECN $PKX $KMB $IRBT $VOD $NVO $OMB $TMHC $WAT $CCOI
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, Stocks, Trading Plan, Trade Alerts, Trading Room, Swing Trading, Day Trading, $CLDC, $FEYE, $ARWR, $VIX, $WTI, OIL, $SPY, $BTC, Time Cycles, Volatility, Forecasting
