Good morning swing traders and welcome to our weekly swing trading memo for the week of Jan 22, 2017!

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 message Curtis 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.

Notices:

One new chart added for today! The rest are from the previous report. The new add is Alphabet (Google) $GOOGL. They report earnings this Thursday!

This Swing Report is in Development (as with $VIX, $SPY algos) – But We’re Getting There.

Below you will find my top ten picks for swing trading in the first quarter of 2017 (plus a few bonus picks I will be swing trading). I am currently in the middle of compiling the due diligence and charting set-ups for publication for over fifty charts so this list may grow considerably – I am excited about 2017.

As mentioned previous, I will also include our regular algorithmic modeling equities relating to Oil, Gold, Miners, Silver, US Dollar, Volatility and SPY in my 2017 reports (in addition to the ten others listed below) FYI.

In my reports I will focus on both long term holds and swing trading these equities with an intent to try and time the highs and lows (pull-backs) as best as possible. I know many propose that picking the highs and lows isn’t the best method – but to be frank it has served me well over the years.

Also, I should mention, that any of the stocks below that do not trade well (or as planned) I will switch out with another choice as the weeks progress. But the intent is to hold ten investment / swing stocks (per below) and also swing trade in and out of the regular algorithmic modeling equities I mentioned also.

So bottom line is that I am in process here, building it out, it isn’t done, it’s going to take a lot more time than I ever imagined, but I’ll be updating and building this out considerably now forward. Again, sorry about the delays.

Oh, and the updates will be coming out more often than weekly also (thought I should mention that).

First step is to get charts out with levels I will be trading. Then I’ll put out more DD on each also.

I am going to start below with ones that are most timely and build this out from there (in order of priority for my personal trades and what I see going on in the market).

The Ten Swing Trades I am going to focus on in the First Quarter of 2017 are as follows:

1 – Alphabet (Google) $GOOGL, $GOOG

We like this chart. Watch for an upside break out of the triangle. The principles apply the same to $GOOG and $GOOGL charts fyi. Also, watch the MACD close, it looks primed for a move. Earnings are Thursday. If price breaks to downside I will update with levels to watch. Also, the is a chart below that shows upside target.

$GOOGL, Chart

Fibonacci to watch, triangle, MACD, Break to upside possible in Alphabet (Google) $GOOGL

Link to live $GOOGL chart in TradingView.

https://www.tradingview.com/chart/GOOGL/isvDnbTQ-Swing-Trading-Member-Chart-GOOGL/

1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL

Technically, the price target (should price break to upside) is 1003.17 before Jan 29 2018.

$GOOGL, Price Target

1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL

2 – Amazon $AMZN

My fourth priority is Amazon. I don’t want to over simplify this trade – but the bottom line is I’m looking for a pull-back and an entry as close to that 200 day (pink line with green arrow) as possible. I don’t think this stock will stop anytime soon. DD to follow soon.

$AMZN, Swing

$AMZN Swing

3 – Juno $JUNO

4 – CombiMatrix Corp $CBMX

My second priority is $CBMX. I am already in this swing and plan to enter in dips at the diagonal trend line (blue). Initial target area is around 5.57 with much greater potential upside. The Trump factor may cause this to come off a bit so my bias is toward late spring for first price target.

https://www.tradingview.com/chart/CBMX/qtdyUyY0-CBMX-Swing-Trade/

$CBMX, Swing Trade, Chart

$CBMX Swing Trade

5 – OakTree Capital $OAK

6 – VanEck Vectors Russia ETF $RSX

7 – BOFI Holdings $BOFI

8 – Sunoco Logistics Partners $SXL

9 – US Silica Holdings $SLCA

My fifth priority is $SLCA. Again, another simple chart and it will require some patience. I see a pull-back coming and huge upside under the Trump inertia in to summer. I am looking for a pull-back to the 50 day (yellow arrow) or the 100 day preferably (blue arrow). If it gets away on me I’ll likely chase it and scale in 1/5th at a time.

$SCLA, Swing, Trade

$SCLA Swing Trade

10 – EOG Resources $EOG

The Bonus Picks for 2017 I will be Swing Trading also:

1 – $GREK Global Greece ETF

2 – $TRCH Torchlight Energy

https://www.tradingview.com/chart/TRCH/xxpZ4uPM-TRCH-Swing-Trade/

$TRCH Swing Trade

$TRCH Swing Trade

3 – $NG Nova Gold

The first swing of 2017 I will be entering (likely today) is NovaGold. First target is 6.46 area and second target is 7.30 area. It is currently trading at 5.10. It’s full extension is over 8.50.

https://www.tradingview.com/chart/NG/1Sz7RDKg-NG-Novagold-Swing-Trade/

$NG, NovaGold, SwingTrade, Chart

$NG Novagold Swing Trade

Our Standard Algorithmic Modeling Securities I will be providing Swing Trade levels for are:

1 – $SPY

2 – $VIX

My seventh priority is the VIX. I see a pull-back in the market coming and a lift in VIX. The primary trade I am looking for is actually a short in the VIX when it gets upside it’s bolllinger band (it’s a little more complicated than that – specifically with timing and I will be putting an alert out when I do it anyway) – I’ll also play some short term longs in $TVIX or $UVXY.

https://www.tradingview.com/chart/VIX/t6YF7SQY-VIX-Short-Swing-Trade-Above-Bollinger-Band/

$VIX, Swing, Trade, Short

$VIX Short Swing Trade Above Bollinger Band

3 – $DXY

4 – $SLV

5 – $GLD – Gold (and miner’s $GDX)

My third priority on this list are the miner’s – $GDX and leveraged friends. This one is risky but comes with large gains if miner’s get moving and price breaks in to next quadrant above the yellow one outlined on the chart below. And for the risk taker it can be traded with leveraged ETN’s. There are inherent risks however; one is that price is not at bottom of the trading quadrant so an entry here is not ideal and the obvious issue is the Trump factor.

https://www.tradingview.com/chart/8QOM4r5s/

$GDX, Swing, Trade

$GDX Swing Trade

6 – $USOIL / $WTI

In overnight lab work our developers established a diagonal trendline (blue line in chart that has a blue arrow pointing at it) that has established itself as strong support. If you take a swing trade against that support (as as close to it as possible) then look to the upside of that white dotted arrow line as your target long. Ratchet up stops there.

Epic, Oil, Algo, Chart

Crude algo intra work sheet 208 AM Jan 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Email or DM me on Twitter anytime with thoughts or questions!

I will be updating regularly now – I need to get as much done here before inauguration for my own trading too so that’s a major motivator – I will send out updates as I update!

Cheers!

Curtis.

Article Topics; Swing Trading, $GOOGL, $AMZN, $JUNO, $CBMX, $OAK, $RSX, $BOFI, $SXL, $SLCS, $EOG, $NG, $TRCH, $GREK, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX


Good morning swing traders and welcome to our weekly swing trading memo for the week of Jan 16, 2017!

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 message Curtis 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.

Notices:

Below only one new chart added for today! The rest are from the previous report. It’s $USOIL $WTI that can be traded also with $UWT $DWT, $USO, $UCO, $SCO etc… Anyway, oil has established a support area that would be decent as a swing trade – see below for details.

This Swing Report is in Development (as with $VIX, $SPY algos) – But We’re Getting There.

Below you will find my top ten picks for swing trading in the first quarter of 2017 (plus a few bonus picks I will be swing trading). I am currently in the middle of compiling the due diligence and charting set-ups for publication for over fifty charts so this list may grow considerably – I am excited about 2017.

As mentioned previous, I will also include our regular algorithmic modeling equities relating to Oil, Gold, Miners, Silver, US Dollar, Volatility and SPY in my 2017 reports (in addition to the ten others listed below) FYI.

In my reports I will focus on both long term holds and swing trading these equities with an intent to try and time the highs and lows (pull-backs) as best as possible. I know many propose that picking the highs and lows isn’t the best method – but to be frank it has served me well over the years.

Also, I should mention, that any of the stocks below that do not trade well (or as planned) I will switch out with another choice as the weeks progress. But the intent is to hold ten investment / swing stocks (per below) and also swing trade in and out of the regular algorithmic modeling equities I mentioned also.

So bottom line is that I am in process here, building it out, it isn’t done, it’s going to take a lot more time than I ever imagined, but I’ll be updating and building this out considerably now forward. Again, sorry about the delays.

Oh, and the updates will be coming out more often than weekly also (thought I should mention that).

First step is to get charts out with levels I will be trading. Then I’ll put out more DD on each also.

I am going to start below with ones that are most timely and build this out from there (in order of priority for my personal trades and what I see going on in the market).

The Ten Swing Trades I am going to focus on in the First Quarter of 2017 are as follows:

1 – Google $GOOGL

2 – Amazon $AMZN

My fourth priority is Amazon. I don’t want to over simplify this trade – but the bottom line is I’m looking for a pull-back and an entry as close to that 200 day (pink line with green arrow) as possible. I don’t think this stock will stop anytime soon. DD to follow soon.

$AMZN, Swing

$AMZN Swing

3 – Juno $JUNO

4 – CombiMatrix Corp $CBMX

My second priority is $CBMX. I am already in this swing and plan to enter in dips at the diagonal trend line (blue). Initial target area is around 5.57 with much greater potential upside. The Trump factor may cause this to come off a bit so my bias is toward late spring for first price target.

https://www.tradingview.com/chart/CBMX/qtdyUyY0-CBMX-Swing-Trade/

$CBMX, Swing Trade, Chart

$CBMX Swing Trade

5 – OakTree Capital $OAK

6 – VanEck Vectors Russia ETF $RSX

7 – BOFI Holdings $BOFI

8 – Sunoco Logistics Partners $SXL

9 – US Silica Holdings $SLCA

My fifth priority is $SLCA. Again, another simple chart and it will require some patience. I see a pull-back coming and huge upside under the Trump inertia in to summer. I am looking for a pull-back to the 50 day (yellow arrow) or the 100 day preferably (blue arrow). If it gets away on me I’ll likely chase it and scale in 1/5th at a time.

$SCLA, Swing, Trade

$SCLA Swing Trade

10 – EOG Resources $EOG

The Bonus Picks for 2017 I will be Swing Trading also:

1 – $GREK Global Greece ETF

2 – $TRCH Torchlight Energy

https://www.tradingview.com/chart/TRCH/xxpZ4uPM-TRCH-Swing-Trade/

$TRCH Swing Trade

$TRCH Swing Trade

3 – $NG Nova Gold

The first swing of 2017 I will be entering (likely today) is NovaGold. First target is 6.46 area and second target is 7.30 area. It is currently trading at 5.10. It’s full extension is over 8.50.

https://www.tradingview.com/chart/NG/1Sz7RDKg-NG-Novagold-Swing-Trade/

$NG, NovaGold, SwingTrade, Chart

$NG Novagold Swing Trade

Our Standard Algorithmic Modeling Securities I will be providing Swing Trade levels for are:

1 – $SPY

2 – $VIX

My seventh priority is the VIX. I see a pull-back in the market coming and a lift in VIX. The primary trade I am looking for is actually a short in the VIX when it gets upside it’s bolllinger band (it’s a little more complicated than that – specifically with timing and I will be putting an alert out when I do it anyway) – I’ll also play some short term longs in $TVIX or $UVXY.

https://www.tradingview.com/chart/VIX/t6YF7SQY-VIX-Short-Swing-Trade-Above-Bollinger-Band/

$VIX, Swing, Trade, Short

$VIX Short Swing Trade Above Bollinger Band

3 – $DXY

4 – $SLV

5 – $GLD – Gold (and miner’s $GDX)

My third priority on this list are the miner’s – $GDX and leveraged friends. This one is risky but comes with large gains if miner’s get moving and price breaks in to next quadrant above the yellow one outlined on the chart below. And for the risk taker it can be traded with leveraged ETN’s. There are inherent risks however; one is that price is not at bottom of the trading quadrant so an entry here is not ideal and the obvious issue is the Trump factor.

https://www.tradingview.com/chart/8QOM4r5s/

$GDX, Swing, Trade

$GDX Swing Trade

6 – $USOIL / $WTI

In overnight lab work our developers established a diagonal trendline (blue line in chart that has a blue arrow pointing at it) that has established itself as strong support. If you take a swing trade against that support (as as close to it as possible) then look to the upside of that white dotted arrow line as your target long. Ratchet up stops there.

Epic, Oil, Algo, Chart

Crude algo intra work sheet 208 AM Jan 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Email or DM me on Twitter anytime with thoughts or questions!

I will be updating regularly now – I need to get as much done here before inauguration for my own trading too so that’s a major motivator – I will send out updates as I update!

Cheers!

Curtis.

Article Topics; Swing Trading, $GOOGL, $AMZN, $JUNO, $CBMX, $OAK, $RSX, $BOFI, $SXL, $SLCS, $EOG, $NG, $TRCH, $GREK, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX


Good morning swing traders and welcome to our weekly swing trading memo for the week of Jan 16, 2017!

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 message Curtis 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.

Notices:

Below only one new chart added for today! The rest are from the previous report. It’s $TRCH and it’s a doozie!

This Swing Report is in Development (as with $VIX, $SPY algos) – But We’re Getting There.

Below you will find my top ten picks for swing trading in the first quarter of 2017 (plus a few bonus picks I will be swing trading). I am currently in the middle of compiling the due diligence and charting set-ups for publication for over fifty charts so this list may grow considerably – I am excited about 2017.

As mentioned previous, I will also include our regular algorithmic modeling equities relating to Oil, Gold, Miners, Silver, US Dollar, Volatility and SPY in my 2017 reports (in addition to the ten others listed below) FYI.

In my reports I will focus on both long term holds and swing trading these equities with an intent to try and time the highs and lows (pull-backs) as best as possible. I know many propose that picking the highs and lows isn’t the best method – but to be frank it has served me well over the years.

Also, I should mention, that any of the stocks below that do not trade well (or as planned) I will switch out with another choice as the weeks progress. But the intent is to hold ten investment / swing stocks (per below) and also swing trade in and out of the regular algorithmic modeling equities I mentioned also.

So bottom line is that I am in process here, building it out, it isn’t done, it’s going to take a lot more time than I ever imagined, but I’ll be updating and building this out considerably now forward. Again, sorry about the delays.

Oh, and the updates will be coming out more often than weekly also (thought I should mention that).

First step is to get charts out with levels I will be trading. Then I’ll put out more DD on each also.

I am going to start below with ones that are most timely and build this out from there (in order of priority for my personal trades and what I see going on in the market).

The Ten Swing Trades I am going to focus on in the First Quarter of 2017 are as follows:

1 – Google $GOOGL

2 – Amazon $AMZN

My fourth priority is Amazon. I don’t want to over simplify this trade – but the bottom line is I’m looking for a pull-back and an entry as close to that 200 day (pink line with green arrow) as possible. I don’t think this stock will stop anytime soon. DD to follow soon.

$AMZN, Swing

$AMZN Swing

3 – Juno $JUNO

4 – CombiMatrix Corp $CBMX

My second priority is $CBMX. I am already in this swing and plan to enter in dips at the diagonal trend line (blue). Initial target area is around 5.57 with much greater potential upside. The Trump factor may cause this to come off a bit so my bias is toward late spring for first price target.

https://www.tradingview.com/chart/CBMX/qtdyUyY0-CBMX-Swing-Trade/

$CBMX, Swing Trade, Chart

$CBMX Swing Trade

5 – OakTree Capital $OAK

6 – VanEck Vectors Russia ETF $RSX

7 – BOFI Holdings $BOFI

8 – Sunoco Logistics Partners $SXL

9 – US Silica Holdings $SLCA

My fifth priority is $SLCA. Again, another simple chart and it will require some patience. I see a pull-back coming and huge upside under the Trump inertia in to summer. I am looking for a pull-back to the 50 day (yellow arrow) or the 100 day preferably (blue arrow). If it gets away on me I’ll likely chase it and scale in 1/5th at a time.

$SCLA, Swing, Trade

$SCLA Swing Trade

10 – EOG Resources $EOG

The Bonus Picks for 2017 I will be Swing Trading also:

1 – $GREK Global Greece ETF

2 – $TRCH Torchlight Energy

https://www.tradingview.com/chart/TRCH/xxpZ4uPM-TRCH-Swing-Trade/

$TRCH Swing Trade

$TRCH Swing Trade

3 – $NG Nova Gold

The first swing of 2017 I will be entering (likely today) is NovaGold. First target is 6.46 area and second target is 7.30 area. It is currently trading at 5.10. It’s full extension is over 8.50.

https://www.tradingview.com/chart/NG/1Sz7RDKg-NG-Novagold-Swing-Trade/

$NG, NovaGold, SwingTrade, Chart

$NG Novagold Swing Trade

Our Standard Algorithmic Modeling Securities I will be providing Swing Trade levels for are:

1 – $SPY

2 – $VIX

My seventh priority is the VIX. I see a pull-back in the market coming and a lift in VIX. The primary trade I am looking for is actually a short in the VIX when it gets upside it’s bolllinger band (it’s a little more complicated than that – specifically with timing and I will be putting an alert out when I do it anyway) – I’ll also play some short term longs in $TVIX or $UVXY.

https://www.tradingview.com/chart/VIX/t6YF7SQY-VIX-Short-Swing-Trade-Above-Bollinger-Band/

$VIX, Swing, Trade, Short

$VIX Short Swing Trade Above Bollinger Band

3 – $DXY

4 – $SLV

5 – $GLD – Gold (and miner’s $GDX)

My third priority on this list are the miner’s – $GDX and leveraged friends. This one is risky but comes with large gains if miner’s get moving and price breaks in to next quadrant above the yellow one outlined on the chart below. And for the risk taker it can be traded with leveraged ETN’s. There are inherent risks however; one is that price is not at bottom of the trading quadrant so an entry here is not ideal and the obvious issue is the Trump factor.

https://www.tradingview.com/chart/8QOM4r5s/

$GDX, Swing, Trade

$GDX Swing Trade

6 – $USOIL / $WTI

Email or DM me on Twitter anytime with thoughts or questions!

I will be updating regularly now – I need to get as much done here before inauguration for my own trading too so that’s a major motivator – I will send out updates as I update!

Cheers!

Curtis.

Article Topics; Swing Trading, $GOOGL, $AMZN, $JUNO, $CBMX, $OAK, $RSX, $BOFI, $SXL, $SLCS, $EOG, $NG, $TRCH, $GREK, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX


Good morning swing traders and welcome to our weekly swing trading memo for the week of Jan 9, 2017!

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 message Curtis 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.

This is Only an Intro Memo.

Below you will find my top ten picks for swing trading in the first quarter of 2017. I am currently in the middle of compiling the due diligence and charting set-ups for publication. I will have this out to members within 48 hours. I apologize for the delay. I found myself deep in to the charting, financials and company technical dynamics of over fifty companies while doing my research for 2017 swing and investment trades – I didn’t expect to get that deep and involved in my research. But I did and that has caused a bit of delay.

I will also include our regular algorithmic modeling equities relating to Oil, Gold, Miners, Silver, US Dollar, Volatility and SPY in my 2017 reports (in addition to the ten others listed below) FYI.

I am very encouraged getting back in to investing and swing trading this year – I have been on the sidelines for the better part of two years as the markets have been more sideways than up or down. But I see 2017 as a really strong investing and swing trading year.

So below I only share my top picks and will have complete swing and investment reports out within 48 hours and thereafter I will have weekly swing set-ups published like clock-work moving forward. In my reports I will focus on both long term holds and swing trading these equities with an intent to try and time the highs and lows (pull-backs) as best as possible. I know many propose that picking the highs and lows isn’t the best method – but to be frank it has served me well over the years.

Also, I should mention, that any of the stocks below that do not trade well (or as planned) I will switch out with another choice as the weeks progress. But the intent is to hold ten investment / swing stocks (per below) and also swing trade in and out of the regular algorithmic modeling equities I mentioned also.

The Ten Securities I Am Going to Focus on in the First Quarter of 2017 are as Follows:

Google $GOOGL

Amazon $AMZN

Juno $JUNO

CombiMatrix Corp $CBMX

OakTree Capital $OAK

VanEck Vectors Russia ETF $RSX

BOFI Holdings $BOFI

Sunoco Logistics Partners $SXL

US Silica Holdings $SLCA

EOG Resources $EOG

So if you could, bear with me for another 48 hours and I will have complete charting and due diligence out to our swing trade members and onward and upward for 2017!

Oh, and I should mention, I did receive a number of emails over Christmas and will be responding to them in conjunction with turning around my report here over the next couple days.

Cheers!

Curtis.

Article Topics; Swing Trading, $GOOGL, $AMZN, $JUNO, $CBMX, $OAK, $RSX, $BOFI, $SXL, $SLCS, $EOG, $USOIL, $GOLD, $GLD, $SILVER, $SLV, $SPY, S&P 500, $DXY, $VIX


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Dec 30 –  $MRNS, $UVXY, $CEMP, $NVLS, $ERIC, $CNAT, $CXRX, $MRNS, $JNUG, $NUGT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F 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.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Notices:

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Option: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a 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.

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

$MRNS was one momo play I had with small gain and $SSH with a wash. Later in day I had four $UVXY snipes that worked near perfect at 3000 shares each and 10 – 12 cents sniped on each.

Mathew and the team had a number of successful long and short trades – impressive group in this room. Talent base for any budding trader to learn from. I’m learning from them.

Momentum Stocks Today:

Momentum stocks were a mixed bunch and there wasn’t anything real noteworthy.

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Per yesterday (and days prior):

I need to exit $DUST and entered it and held because I was convinced USD/JPY would (at minimum) do a major spike up to end the rally – but not so lucky (yet). $CBMX and $JUNO are holds in to spring if necessary – that was the worst case plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

We are currently processing the reset calls for all algos for Q1 2017 over Christmas season because the have all now completed their calls from Q3 and Q3 2016 with 90% or better accuracy. All calls fully documented. 2017 Charting to be released this weekend!

Announcements in Trading Room:

08:39 am Curtis M : Gainers: $MRNS $IMGN $ARWR $ANY $PLUG $HMY $IDGAZ $XXII $NVLS $ALV $CRH $ICON $FRO $NVAX $RUSS $SWHC $GFI

 

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:12 am Mathew Waterfall : Looking for a pullback in the miners today to reload likely on $NUGT. Only real trade I’m looking for. Volume should be light making early morning moves muted
09:15 am Mathew Waterfall : While American investors and traders were sleeping, the combination of a rush of computer-generated orders and low liquidity prompted a 1.6 percent spike in the euro.Coinciding with the start of the Asian trading day, the euro was trading just below $1.05 but quickly soared as high as $1.0653 , which forced dealers to cover positions at losses.According to Bloomberg , the euro wasn’t the only major currency to exhibit a sudden move. The Swiss frank similarly spiked higher by 1.6 percent against the dollar and the Japanese yen gained 0.4 percent at the same time.Within an hour the currencies mostly pared their gains. The euro was higher by around 0.5 percent ahead of Friday’s U.S. stock market open. At the same time the Swiss franc was higher by 0.4 percent and the yen erased all of its gains and was lower by 0.3 percent.The euro/U.S. dollar is the most traded currency pair but the mini-flash crash isn’t necessarily reason for concern.Shigeki Yoshitoshi, head of Japan foreign-exc
09:22 am Mathew Waterfall : $GDX levels I’m watching at the open here are 50 day at 21.92 and fib level at 22.10. Over those with a backtest and I am feeling pretty good about higher. Failure and I get nervous and look for a pullback
09:27 am Curtis M : Momo $CEMP, $NVLS, $ERIC, $CNAT, $CXRX, $MYL, $XIV, $OPHT, $ELGX, $SHPG
09:29 am Mathew Waterfall : Got in a bit of that $OPHT for a long rande pop. Would be nice if it popped sooner rather than later
09:31 am Mathew Waterfall : Legging into $NUGT swing
09:31 am Curtis M : $MRNS Long 1.11 3000
09:33 am Curtis M : Out 1.14 stopped
09:34 am Mathew Waterfall : Out $NUGT 8.77 to 9.04. Still thinking we get a pullback before EOD so playing tight
09:34 am Mathew Waterfall : $GDX over 22.1 and I’ll get back in
09:36 am Mathew Waterfall : USD/JPY ramp on deck. This is what had me nervos. Not trying to rush trades here already sitting on $IAG, $AUY, $USLV positions
09:38 am Cindy L : Long $CETX from 7.11 butI dont hink its going to hold
09:40 am Mathew Waterfall : $KSS coming off from an early attempt to run. I hate this stock so much
09:42 am Curtis M : $SSH scaling in as I can
09:45 am Mathew Waterfall : Might not get the pullback here in miners. Expecting some mid day wekaness there with a ramp in usd/jpy and equities. We’ll see
09:47 am John M : My $VBIO coming along well
09:50 am Mathew Waterfall : In a few more $OPXA at .952 after unloading some yesterday at 1.07. Very patient with this one
09:54 am Mathew Waterfall : $IMGN getting wild for all you morning momo players out there
09:55 am Jack D : $NVDA weaker than I expected
09:55 am Mathew Waterfall : $GDX clearly over target one of the 50 day. Trying to get over target 2 at 22.1
09:56 am MarketMaven M : In $OVAS small
10:03 am Mathew Waterfall : GOLD drop on deck let’s see how far this gets
10:04 am MarketMaven M : Just sold off my $JNUG from yesterday
10:05 am Mathew Waterfall : Good play MMM. I really wouldn’t be surprised to see either a 5 point pop or a 5 point drop in Gold today
10:05 am Curtis M : $SSH I am leavng 1000 shares wash
10:08 am Mathew Waterfall : USD/JPY again failing at the 9 day on the 5′. Same level that hammered it down yesterday for most of the day until they ramped it through
10:09 am darni m : Curt $MRNS WINNING! hehe
10:14 am Curtis M : $JNUG what a champ – perfect storm scenario would be a ramp in USDJPY so I can exit $DUST and enter long side of GOLD etc – I can hope
10:15 am Curtis M : Whay to go Darni
10:15 am Curtis M : I thnk i have false hope
10:15 am Mathew Waterfall : Just added back small $NUGT at .92. Still think we see lower here
10:16 am Mathew Waterfall : Looking for entry around low of day/open
10:18 am Mathew Waterfall : Here’s the flush I was after
10:20 am Mathew Waterfall : $NUGT small add 8.6
10:22 am darni m : Short $CETX
10:26 am Mathew Waterfall : Content to sit and see how this plays out at this point. EOY may get a bit weird as well so staying light
10:27 am Curtis M : Im gonna load for volatility lol
10:27 am mar del : THANKS
10:28 am Mathew Waterfall : $TVIX or $UVXY on my radar as well but I don’t like holding those too long. I’m not as confident as you are in those plays Curt
10:28 am Curtis M : Thinking vol $VIX climb here soon
10:28 am Curtis M : 14 min avg hold lol
10:29 am darni m : $VAPEjiggy
10:31 am Curtis M : nice short on $CETX dani
10:32 am Curtis M : $XBIO Resumed 10:30:23. Volatility Trading Pause. (Halted: 10:25:23)
10:34 am gary y : 500K dark pool print VXX 25.31
10:37 am Mathew Waterfall : Added a few $IAG on this pullback
10:38 am Curtis M : thanks gary
10:39 am Mathew Waterfall : Likely done for the day here. Will see how this plays out and keep my nose clean
10:47 am Greg L : Gold going to ramp EOD my guess
10:47 am Greg L : $MRNS banked and watching it for afternoon session
11:03 am Curtis M : Watching volatility and Gold for afternoon session
11:09 am Curtis M : BLOCK TRADE (Microcap): $NOK 400,000 shares @ $4.83 [11:08:18]
11:15 am Curtis M : away for 10 mins
11:18 am Curtis M : Thanks Mat makes sense

Once again our trading platform provider parsed our admin report so we have requested the rest of this transcript from them and will post as soon as it is made available to us. Third time in as many months.

Afternoon for myself was successfully trading in and out of $UVXY four times as volatility increased in the S&P 500.

 

Article Topics: $MRNS, $UVXY, $NUGT, $CEMP, $NVLS, $CNAT, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500


My Stock Trading Plan for Tuesday Dec 27, 2016 in Trading Chat room.  $JNUG $IONS $NAK $NUGT $SDRL $DWT $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REVIEW: If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will often be information in that report that is applicable to and not included in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING STATUS: Another quickie guys and gals! Until all year-end algos are reset this week you can expect these premarket reports to be quick for now!

Current Holds:

$CBMX, $JUNO, $DUST

Market Outlook:

As mentioned previous, all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out this week (Gold and oil out last night).

Morning Momo / News Bits:

Momentum stocks:  $JNUG $IONS $NAK $NUGT $SDRL $NVCN, $USLV $UGAZ $AG $CNAT $SLW $GDXJ $ABX $MTL $GDX $UNG $NVDA

S&P +0.07%.

10-yr -0.1%.

Euro -0.11% vs. dollar.

Crude +0.26% to $53.16.

Gold +0.86% to $1,143.35.

Global stocks inch higher in holiday lull.

$SCMP gets rating upgrade, $IONS receives approval, $CAH settles suit.

Seattle Genetics announces clinical hold on Phase 1 trails of SGN-CD33A. $SGEN halted premarket. #biotech #stocks

Fred’s adopts poison pill http://seekingalpha.com/news/3232524-freds-adopts-poison-pill?source=twitter_sa_factset … #premarket $FRED

$PAAS +2.4% premarket after acquiring ownership and control of an additional 10M common shares of Maverix Metals for $5.46M. 

Endologix shares tumble 14% in premarket trade.

$APRI Apricus Biosciences Announces the Launch of Vitaros® for the Treatment of Erectile Dysfunction.

$IONS SPINRAZA™ (nusinersen) Approved in U.S. to Treat Broad Range of Patients with Spinal Muscular Atrophy

$DRYS Enters Into $200 Million Common Stock Purchase Agreement With Kalani Investments Limited 

If you are new to our trading service you should review recent blog posts and at minimum of 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. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter ans Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $JNUG 7%, $IONS 7%, $NAK 5%, $NUGT 5%, $SDRL 5%, $NVCN, $USLV $UGAZ $AG $CNAT $SLW $GDXJ $ABX $MTL $GDX $UNG $NVDA 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: $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 $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

NA 

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

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

NA

Outlook:

As I wrote this and last week:

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

NA

Per previous:

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

NA

Per recent posts:

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

NA

Per previous;

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

Per Previous:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: NA

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

NA

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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 (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

Article Topics: $JNUG, $IONS, $NAK, $NUGT, $SDRL, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


My Stock Trading Plan for Friday Dec 23, 2016 in Trading Chat room.  $DPRX, $URRE, $UEC, $GSAT, $SGYP, $DWT $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Merry Christmas everyone! May you have a very happy holiday with your family.

Important Notices:

REVIEW: If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will often be information in that report that is applicable to and not included in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING STATUS: Another quickie guys and gals!

Current Holds:

$CBMX, $JUNO, $DUST

Market Outlook:

I AM STALKING VOLATILITY, COPPER LONG AND OIL LONG AT SUPPORT. SOON GOLD and miners and maybe bio.

As mentioned previous, all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out VERY SOON.

Morning Momo / News Bits:

Momentum stocks: $DPRX $URRE $UEC $GSAT $SGYP – $URRE up 53% on 80K volume premarket 7:47 AM.

S&P -0.09%.

10-yr +0.08%.

Euro +0.12% vs. dollar.

Crude -0.96% to $52.44.

Gold +0.16% to $1,132.55.

Small Bio M&A on watch. Today $DPRX gap. $OPHT $DNAI $DVAX $IPCI $TKAI

Futures quiet in pre-holiday trade.

EnteroMedics to reverse split shares 1:70 December 28 #premarket $ETRM

If you are new to our trading service you should review recent blog posts and at minimum of 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. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter ans Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $DPRX $URRE $UEC $GSAT $SGYP $GOGL $NUGT, $FCAU $ERIC $EWZ $UGAZ $RACE $SCO $DB $UVXY 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: $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 $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

NA – Getting some action though.

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

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

NA

Outlook:

As I wrote this and last week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

NA

Per previous:

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

NA 

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

NA

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

Per Previous:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: WE ARE RIGHT NEAR SUPPORT AT TIME OF WRITING! 51.93 is the support test and I will take a long position there and see if we get the turn. 

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

NA

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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 (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

Article Topics: $DPRX, $URRE, $UEC, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


My Stock Trading Plan for Thursday Dec 22, 2016 in Chat room. $GSAT $XOMA $ANY $MU $RGSE $RENN $HTBX $DGAZ $TWLO $SCMP $DWT $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will be information often in that report that is applicable and not in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING: Another quickie guys and gals! 

Current Holds:

$CBMX, $JUNO – New swing $DUST

$DUST

$DUST Stock Chart

Market Outlook:

I AM STALKING COPPER LONG AND OIL LONG AT SUPPORT.

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out VERY SOON.

Morning Momo / News Bits:

Momentum stocks:  $GSAT 32%, $XOMA 16%, $ANY 13%, $MU 11%, $RGSE

Futures little changed ahead of economic data.

Insider Purchases $MCC $HOTR $REXR $GROW $VIRT $MNGA $MD $ARCC $CCP $GTE $LMRK $GLYC $IMMY $XBKS $LPTH $ASRV $CDZI $TICC $REED $IO

$CATB HC Wainwright initiates Overweight $14 pt

$FIT Citigroup analyst Kovler lowered his price target to $8

$EYES UK Government Announces Funding for Second Sight’s Argus II “Bionic Eye” http://www.businesswire.com/news/home/20161222005013/en/UK-Government-Announces-Funding-Sight%E2%80%99s-Argus-II …

If you are new to our trading service you should review recent blog posts and at minimum of 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. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter ans Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $GSAT 32%, $XOMA 16%, $ANY 13%, $MU 11%, $RGSE 8%, $RENN $HTBX $DGAZ $TWLO $SCMP $DWT $TKC $YNDX $TVIX $SCO $UVXY 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: $AKAO (momentum play last week), $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 $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

NA – Getting some action though.

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

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

NA

Outlook:

As I wrote this and last week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

NA

Per previous:

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

NA – I took a short term $DUST swing yesterday (small position)

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

NA

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Please review EPIC’s twitter feed from last evening.

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: WE ARE RIGHT NEAR SUPPORT AT TIME OF WRITING! 51.93 is the support test and I will take a long position there and see if we get the turn. It is at 52.23 $USOIL at time of writing.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

NA

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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 (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

Article Topics: $GSAT, $XOMA, $ANY, $MU, $RGSE, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Dec 21 – $MRUS, $ESEA, $CALA, $INVN, $OPGN, $JUNO, $CBMX, $UWT, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F 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.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Notices:

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 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

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

Today was very calm. Some trades in the group. For me quiet – study day mostly. We were on top of every move though and there were some big plays and nice wins I discovered when talking to members later in day after market close.

My Personal Trades:

I took a long swing position in $DUST (1000 shares) – watching $USDJPY very close. Looking at inflection in many other areas (with reference to our algos). Called the natural gas move but didn’t take the recent trade opportunities. Momentum stocks weren’t acting well for my trading style. Looked at possible oil related trades $UWT $DWT but didn’t trigger. Holding $CBMX, $JUNO, $DUST. EPIC the Oil Algo 10:30 AM target missed by 5 cents – called two weeks ago:) Green arrow is when I entered $UWT, red arrow my exit and white arrow was today’s algo target at 10:30 AM.

Crude, Oil, Chart, Algo, $USOIL

Wed Dec 21 1030 AM Target Status. Crude algo intra work sheet 354 AM Dec 22 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Looking Forward:

The market has a tonne of inflection points now so things should get interesting soon with our algos that you can find here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Announcements in Trading Room:

08:55 am Curtis M : Gainers: $INVN 16%25, $TIG 5%25, $CLLS 4%25, $BCEI 3%25 $UGAZ $NKE $NUGT $SDRL $CANF $JNUG $STO $UWT $TWLO $FRO $AU $UCO $GDXJ $BP

09:28 am Curtis M : $MRUS +55
$ESEA +32
$CALA +26
$INVN +17
$OPGN +12

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:33 am Michael P : Short $SGY
09:34 am Mathew Waterfall : Legging into a small position in next Friday $SPY calls. Starting smallish 228’s at .54
09:34 am Curtis M : NATGAS Rees closer to 3.75 area
09:35 am Curtis M : NATHGAS res 3.55 3.75 areas
09:36 am Curtis M : USDJPY symmetry calls for move up or down two to four market days from now
09:37 am Curtis M : Market vol low
09:40 am MarketMaven M : Out $TSLA swing for vacation break
09:40 am Mathew Waterfall : Yea not much. Small position in weekly NFLX calls but not much going on
09:41 am Mathew Waterfall : Thinking the rest of this week will be pretty chill. Next week maybe a melt up but expect low volume there as well
09:42 am Mathew Waterfall : $RAS on clear of 3.4 looks decent for swing
09:43 am Mathew Waterfall : Not many alerts popping and not much going on over here
09:45 am Mathew Waterfall : $NFLX friday 129’s at .43. This is for a day trade or hold ON at most
09:48 am Curtis M : Scaling in 1000 $DUST 67.60 area
09:49 am Mathew Waterfall : $SPWR year end lotto shor squeeze play. Dec30 8’s at .09
09:49 am Curtis M : Will add up to 2000 more on any dips $DUST – swing
09:49 am Curtis M : Looks like avg 67.51
09:54 am Curtis M : $XIV ATH
09:55 am Curtis M : A lot of failing momos
09:57 am Mathew Waterfall : Not much confidence across the board this morning
09:57 am Mathew Waterfall : Volume dropping by the looks of things
09:58 am Mathew Waterfall : BUT….$CHK lotto’s ITM!
09:58 am Mathew Waterfall : haha sometimes it’s the small things
09:58 am Curtis M : nice
09:58 am Curtis M : lol
09:59 am Darnel T : Like $NVDA for a bounce
10:02 am Mathew Waterfall : 9.39 Dec 2006 on $VIX lox per my 20 year chart
10:02 am Mathew Waterfall : you had me curious
10:02 am Mathew Waterfall : 12/15/06
10:04 am Mathew Waterfall : Lot of selling after the last huge run up. also bearish MACD cross if you care about such things. This is on $nvda
10:06 am Mathew Waterfall : Strong home sales: Existing home sales hit 5.61 million units in November, vs. expectations of 5.5 million
10:11 am Mathew Waterfall : $CHK lotto’s now at .155 from .11. Decent 50% gain, I’m holding until tomorrow or an 8 handle whichever comes first
10:11 am Cara R : sweeeet
10:13 am Curtis M : Transports break out test on deeck
10:20 am Dani M : wtf lol
10:39 am Mathew Waterfall : Out $NFLX calls at .61 from .43. Keeping a small runner but in the green if they go to 0. Playing tight here
10:48 am Rob D : how will you decide which tgt to go after?
10:58 am Rob D : amazing stuff Curt, thanks for explaining
11:00 am Mathew Waterfall : Still quiet over here. Taking a quick break to scan and see if I can find anything interesting going on. Likely just an extended coffee break haha
11:01 am Curtis M : back soon
11:01 am Curtis M : Internet jam here
11:11 am Rob D : is chart frozen?
11:21 am MarketMaven M : $C blocks
11:24 am Darnel T : $TWLO rumors Amazon partnership
11:26 am Mathew Waterfall : I think I hit a time warp on my coffee break. Nothing seems to have moved the whole time that i was gone
11:28 am Darnel T : ha
11:28 am OILQ K : casinos look great imo
11:30 am Mathew Waterfall : I like $MGM here OilQ K. Have a few 31’s for next week thanks to a roll a while back. Those won’t see action unless it really gets going though
11:31 am Curtis M : $CHK very bullish
11:32 am Mathew Waterfall : I still think 8 bucks this week on $CHK is realistic
11:33 am Curtis M : Very aggresive looking
11:36 am Curtis M : Internet spikes bad here for last week
11:42 am Curtis M : Thers’ casino for ya
11:42 am Curtis M : a baby size one
11:44 am Tyler H : $TSLA bull power
11:44 am Mathew Waterfall : $TSLA has been playing games all day but yea nice moves f you can catch it
11:45 am Tyler H : Bull dog maybe they’re hard to catch
11:45 am Mathew Waterfall : $AMD Jan20 13.5’s. Swing play following some big hitters through on this
11:49 am Curtis M : $LIVE low float manip?
11:50 am Curtis M : going to take an early lunch and hop I get an afternoon play
11:51 am Curtis M : back in 30
11:52 am Darnel T : GOOD PLAN
11:54 am Darnel T : Dead out there
11:55 am Mathew Waterfall : While we’re not doing much I am thinking up ideas to blog about. If you guys/gals want to see anything in particular let me know
11:55 am Darnel T : $MGM looking good today
11:55 am Mathew Waterfall : I’ll probably write something up this weekend about using spreads to take profits or something like that but can always go into something else
11:56 am Curtis M : Ya do a Options for Dummies 101 for me plz – ok buy gone for lunch
11:56 am Mathew Waterfall : Option 101 check. That might be a multi part series but I can start on that
11:57 am John M : hahaha
11:57 am MarketMaven M : critique cramer
11:57 am MarketMaven M : his calls of recent
11:58 am Mathew Waterfall : Come on, that’s not even hard most of the time
11:59 am Mathew Waterfall : I actually don’t watch any financial media. My head hurts enough as it is but I’m sure I could find his picks and poke holes in them easy enough
12:00 pm MarketMaven M : haha
12:01 pm Mathew Waterfall : I see there pics on twitter and they’re always good for a chuckle but that’s about it. Any media is there for your eyeballs, not to make you money
12:01 pm Mathew Waterfall : *picks I should see. or pics of picks lol
12:02 pm Cara R : manipulation everywhere
12:05 pm Mathew Waterfall : End of year can see some funky stuff, kind of like into a quad witch as there are games to be played with book values, tax loss selling, holding to the next tax year before taking gains ect
12:05 pm Mathew Waterfall : I typically just makes for some weird dislocations
12:09 pm Mathew Waterfall : $NFLX working on new highs. $TWLo beasting
12:12 pm Curtis M : stupid ass internet lately lol
12:14 pm Curtis M : thanks mathew
12:20 pm Michael P : $HDS rumors
12:20 pm Michael P : And casinos look bullish IMO
12:22 pm Tyler H : Oil down
12:23 pm Tyler H : LOD
12:34 pm Mathew Waterfall : Still feels like this market wants to finish out the day green. VIX down, TICKs trying to break out to the upside
12:35 pm OILK K : Agree
12:38 pm Mathew Waterfall : Wish $SGY had options to play here. Downside looks very promising
12:39 pm MarketMaven M : $IPCI momentum
12:39 pm MarketMaven M : micro
12:42 pm Mathew Waterfall : Tight range there. A swing against 2.65 doesn’t look horrible
12:42 pm MarketMaven M : meh
12:42 pm Mathew Waterfall : 25% of float short as of nov31
12:43 pm Mathew Waterfall : Not enough volume for me to want to play that name though
12:43 pm MarketMaven M : thats the problem yaa
12:44 pm Dani M : eastern libya blackout no power – oil
12:46 pm Curtis M : enjoying extended lunch while market quiet
12:46 pm Curtis M : oil got 5 cent pop lol
12:47 pm Curtis M : seems folks don’t care about Libya oil
12:49 pm Dani M : Study for me till something happens
12:50 pm OILQ K : yupp
01:02 pm Curtis M : watching oil
01:04 pm Curtis M : 52.35 buy decision $USOIL
01:04 pm Curtis M : 52.59 now
01:06 pm Curtis M : stopped falling
01:09 pm Mathew Waterfall : I have to restart my charts here, super laggy
01:13 pm Mathew Waterfall : More coffee for me. Flow is super quiet, scans not giving me much. Guess it’s nap time
01:13 pm Darni T : ya
01:13 pm Drew M : zzz
01:14 pm Adam Gwyn : thoughts on CL?
01:14 pm Curtis M : extended lunch
01:15 pm Curtis M : yes buy trigger considered at 5235 usoil
01:19 pm Adam Gwyn : I have .42 as 618
01:39 pm Tyler H : everybody sleepinng
01:42 pm Curtis M : odd action
01:50 pm Mathew Waterfall : VXX next week 23 puts. Play into the end of the week this week
01:51 pm Mathew Waterfall : $HIIQ HOD and steam behind it. Nice breakout
01:52 pm Mathew Waterfall : $IPCI always moving along well
01:57 pm Curtis M : can’t take trade there without volume last round it failed and we hit it at that point
02:04 pm Curtis M : Not a bad scalp but not my type of set up with out vol
02:06 pm Tyler H : Not the normal momo
02:06 pm Cara R : dead
02:07 pm Mathew Waterfall : Not a whole lot really. All of the exciting moves have come off here in the last hour or two
02:07 pm Darni T : Still like $TSLA
02:07 pm Mathew Waterfall : $TSLA and $NFLX came off
02:07 pm Mathew Waterfall : $TSLA now seeing large put buying
02:07 pm Mathew Waterfall : $SHAK died if anyone was in that trade and hung on longer than I did
02:08 pm Mathew Waterfall : I’m thinking we pause today, continue higher into the end of the week
02:08 pm Ma Ka : Grreetings Mathew
02:08 pm Ma Ka : Do we have a trade on NFLX ? is it going down ?
02:08 pm Mathew Waterfall : /ES could see north of 2300 according to a friend who is right much more often than wrong but take that with a grain of salt
02:09 pm Curtis M : If you see any setups go ahead and steel screen Mat I’m gonna just stalk oil for machine buying – oil a good trade just not great
02:09 pm Mathew Waterfall : I hit $NFLX calls this morning. Weekly 129’s but that move fizzled. I got out and left a small trailer
02:10 pm Mathew Waterfall : I wouldn’t enter now
02:10 pm Ma Ka : thanks
02:10 pm Mathew Waterfall : Will do Curt, nothing is jumping out at me but if I see anything I will
02:16 pm Drew M : Pennies momo $RGSE $TNXP $HTBX $SSH $ONTX
02:18 pm OILK K : $INUV pop
02:21 pm John M : $NFLX and $TSLA are my calls for after Christmas – looking at them close.
02:25 pm Mathew Waterfall : $TWTR puts into next week. Will screen share after 2:30 NYMEX close
02:25 pm Curtis M : k
02:26 pm Mathew Waterfall : $TWTR Dec30 16.5 puts @.17
02:30 pm Mathew Waterfall : No hurry, nothing else is moving anyway
02:36 pm Curtis M : no trade go nut mat
02:37 pm Curtis M : sorry internet crapped lol wow best commercial pkg too fark
02:38 pm Curtis M : crank your mic 4 me pls
02:39 pm Curtis M : Perfect
02:40 pm Tyler H : Learning a lot from you guys. Just wanted to say.
02:41 pm Dani M : Mathew your mic cuts out sometimes – it might just be my internet though
02:43 pm John M : u thinking market up tomorrow?
02:45 pm John M : thanks
02:46 pm Curtis M : Great I need a big hit day b4 Xmas ha
02:53 pm Mathew Waterfall : $TWLO going big here
02:53 pm Mathew Waterfall : Have a couple lotto’s from a while back. Doubt they hit but it looks interesting into EOY
02:58 pm Curtis M : $RGSE 25%
02:58 pm Curtis M : 35%
02:58 pm Curtis M : Not playing it but morning momo candidate
02:59 pm Mathew Waterfall : $SGY headed for the 5 zone IMO
02:59 pm Adam Gwyn : I had some obligations this morning, but did you guys capter any of the retrace in CL this morning?
03:00 pm Tyler H : No I don’t thnk anyone played it Adam. Not Sure tho.
03:00 pm Mathew Waterfall : I don’t think so either. I haven’t been watching OIL too close.
03:00 pm Tyler H : We’ve been hitting the long side all rhe way up the channel almost every turn tho.
03:01 pm Tyler H : I’ve hit harder than Curt but I’m half his age lololol
03:02 pm Cara R : We should compare Tyler ha holday bet for a bottle of jack
03:02 pm Cara R : Curt! U there?
03:02 pm Curtis M : ya sorry looking at momos
03:03 pm Curtis M : EOD days for tomorrow runs look ok actually
03:04 pm Curtis M : Yaa Adam I think we all took longs on way up every turn – its been good – I know Gerry who isn’t here has hit them hard too and I got some other thanks – good Christmas timing
03:04 pm Curtis M : All meaning all that did play it
03:05 pm Curtis M : It would be nice to see oil back down at bottom of channel for one big hit
03:06 pm Curtis M : $TWLO vertical – who called that earlier?
03:06 pm Mathew Waterfall : I had the lotto’s but didn’t call it here until it was already into the 32’s
03:06 pm Mathew Waterfall : This will be over the 50 day tomorrow IMO
03:07 pm Curtis M : nice
03:10 pm Curtis M : $S Bulls sweeping
03:10 pm Mathew Waterfall : $SPY 226 pin for wednesday OPEX befoe higher tomorrow
03:12 pm Mathew Waterfall : $IPCI nHOD at 2.94. Decent squeeze candidate into tomorrow
03:14 pm Curtis M : $RGSE, $IPCI, $DUST, $DGAZ looking interesting for tomorrow
03:15 pm Curtis M : Oil we’ll see what pyjama crew does
03:15 pm Jack D : $TWLO $CC Nice
03:16 pm Mathew Waterfall : Natty gas has been a monster lately. $DGAZ/$UGAZ should see plenty of action
03:16 pm Mathew Waterfall : $TWLO 46% short lolol
03:16 pm Jack D : $DGAZ got wacked haha likely bounce
03:16 pm Mathew Waterfall : 21 million share float
03:16 pm Mathew Waterfall : 40’s EOY
03:17 pm MarketMaven M : Ya $TWLO I like too – we have some good set-ups for tomorrow I agree
03:17 pm Mathew Waterfall : I took a few next week 37’s in TWLO for a 35-36 test this week
03:21 pm OILQ K : Anyone like $HTBX?
03:22 pm OILQ K : I’m going to ht oil hard on turn but looking at $HTBX for morning – likely wait and see maybe
03:23 pm Curtis M : I would just looking at $HTBX in morning too –
03:23 pm Curtis M : $HTBX DD not best
03:23 pm Mathew Waterfall : Not the prettiest chart but it’s got a gap to fill and should get some bullish crossovers shortly with any upward momo
03:24 pm Curtis M : yep
03:24 pm Curtis M : Insider buying last 6 mos
03:25 pm Mathew Waterfall : Decent earnings as well
03:27 pm Curtis M : $DUST coming back to life FYI
03:28 pm Tyler H : I’m swinging it – hopefully full gold algo report out tonight
03:28 pm Mathew Waterfall : 3 screens of death for Gold right there lol
03:28 pm Curtis M : Might be ready tonight Ty
03:28 pm Curtis M : Within next few days anyway
03:29 pm Curtis M : A lot of data sorry almost there
03:30 pm Curtis M : It will be nice when whole team full time on 1st lololol
03:31 pm Mathew Waterfall : You mean it will be nice to get some sleep for once?
03:31 pm Curtis M : OMG yes
03:32 pm Mathew Waterfall : Sell off into the close here
03:32 pm Curtis M : Sartaj back to full time in lab today, Tyler in a week, Shawn Jan sometime – getting readu for EOY algo reports and media things starting 30th almost killing us hahahaha but… done soon 28th at latest everything
03:33 pm Curtis M : ya noticed
03:33 pm Curtis M : I think next week will be fire power – thur and fri I’m unclear
03:35 pm Mathew Waterfall : I think now until next Thursday it’s game on. Next Thursday/Friday a bit more unclear IMO
03:35 pm Mathew Waterfall : This is going off of last years pattern a bit and momentum
03:35 pm Curtis M : ya
03:36 pm Darnel T : have a good night guys and girlz
03:37 pm Mathew Waterfall : See ya in the AM
03:37 pm Cara R : peace
03:38 pm Mathew Waterfall : $SPY 226 pin in progress
03:40 pm Mathew Waterfall : $BBBY and $MU seeing earnings calls. I hate playing earnings and it’s so hard to win with options. I don’t know how people consistantly make money doing that
03:41 pm Jack D : $BBBY dud IMO
03:41 pm Jack D : nite all!!!
03:45 pm John M : Checking out everyone – thanks Curt and Mathew once again! Later.
03:46 pm OILK K : Ya John been awesome guys – I’m finally being disciplined!!! Making it back now.
03:47 pm Mathew Waterfall : Have a good night all. I’m just over here doing some random charting. Done trading for the day
03:47 pm OILK K : Quiet day but did lots of study ready for tomorrow. GN
03:49 pm OILQ K : I concure!!! If you guys need a recomend for the media programs you are doing let me know. I look good on TV too:):)
03:54 pm Mathew Waterfall : May cut some $TWLO calls here for a quick gain. The juice in this one coule get nasty. 44 isn’t out of the question before the year is out when shorts get scared
03:59 pm Curtis M : Thanks all have a good night! $DUST jiggy:)
03:59 pm OILK K : good one cheers!

 

Article Topics: $DUST, $MRUS, $ESEA, $CALA, $INVN, $OPGN, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $CBMX, $JUNO, $UWT, $GLD, $GDX, $USOIL, $WTIC, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $DWT, S&P 500

 

 

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