Tag: $WB
Post-Market Tues May 16 $XGTI, $DXPE, $NATR, $WB, $ETSY
Compound Trading Tuesday May 16, 2017 Review of; Chat Room Day Trading, Swing Trading, Algorithm Charting, Videos and Live Alerts. $XGTI, $DXPE, $NATR, $WB, $ETSY – $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).
Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.
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:
Special Mid Day Chart Review in Trading Room on Wednesday – Limited Spots
Wed 12:00 Mid Day Review | Current Trade in Oil hosted by Epic Oil Algo. Public Welcome $USOIL $WTI $CL_F #OIL #OOTT https://t.co/YKdnQHngZp
— Melonopoly (@curtmelonopoly) May 17, 2017
Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS
Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS https://t.co/M3aaGpDRSK
— Freedom $SPY Algo (@FREEDOMtheAlgo) May 16, 2017
Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.
Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series. https://t.co/3WOEzWx3Gi
— Melonopoly (@curtmelonopoly) May 13, 2017
Last market trading session Post Market Stock Trading Results can be found here:
Stock Trading Results Fri May 12. Day Ten: 2 Wk Trading Challenge $USLV, $TCCO, $CBMX
https://twitter.com/CompoundTrading/status/863980225306210305
Most recent Premarket Trading Plan Watch-list can be found here (locked to respect members and unlocked to public about a week later for transparency):
Protected: PreMarket Trading Plan Mon May 15 $CYRN, $IDXG, $AUPH, $FEYE, $UWT, $NUGT, $USLV, $XIV, Cyber
https://twitter.com/CompoundTrading/status/864097521290797056
Please note, for the next while, you will have to review the raw trading room footage (vs. snippet footage) to catch Premarket Chart Set-Ups, Market Open Trades, Intra-day Trades and Mid Day Chart Set Ups. Our staff time is being utilzed up for other components of the platform and we also are producing the high quality learning library for our premium members. Once done, we’ll return to publishing the segments daily.
Most Recent Public Swing Trading K.I.S.S Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER
https://twitter.com/CompoundTrading/status/853551912599400448
Premarket Session:
$XGTI Premarket up 18%
$XGTI Premarket up 18% pic.twitter.com/tSN17S8mRO
— Melonopoly (@curtmelonopoly) May 16, 2017
Market Day, Chat Room Trades and Personal Trades:
Traded $XGTI for a tiny papercut -150.00 and an OTC for a 50.00 paperwork. -200.00 on the day (not counting my swings from the swing trading side that had a huge day). Also reviewed $XGTI, $DXPE, $NATR, $WB, $ETSY in the mid day chart review but I was traveling (not using my usual computer) and a glitch caused the session not to record (ugh).
$ETSY Over 200 MA
$ETSY Over 200 MA pic.twitter.com/OtuUBCMzaM
— Melonopoly (@curtmelonopoly) May 16, 2017
$WB at Fib resistance
$WB at Fib resistance pic.twitter.com/FvZSAI8BU2
— Melonopoly (@curtmelonopoly) May 16, 2017
$NATR tagged 200 MA resistance perfect in intraday trade.
$NATR tagged 200 MA resistance perfect in intraday trade. pic.twitter.com/jrHX390VUV
— Melonopoly (@curtmelonopoly) May 16, 2017
Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:
Mid day chart set-ups working with $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $COTY, $FSLR, $AAOI, $HIIQ, $JASO, $VIPS and more… (This post is from Monday’s session not Tuesday’s as we had a technical issue Tuesday)
Mid day chart set-ups working with $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $COTY, $FSLR, $AAOI, $HIIQ, $JASO, $VIPS and more…
— Melonopoly (@curtmelonopoly) May 15, 2017
$DXPE Perfect textbook set-up with MA’s KABOOM it doubles. Not bad. #freedomtraders
$DXPE Perfect textbook set-up with MA's KABOOM it doubles. Not bad. #freedomtraders pic.twitter.com/ZC72FKxlfO
— Melonopoly (@curtmelonopoly) May 16, 2017
If there’s anything I can do to help with your trading drop me a line on contact page or DM https://compoundtrading.com/contact/ #howto #trade #stocks
If there's anything I can do to help with your trading drop me a line on contact page or DM https://t.co/1CNAfDsAeI #howto #trade #stocks
— Melonopoly (@curtmelonopoly) May 8, 2017
Stocks, ETN’s, ETF’s I am holding:
Been holding these small bags wayyyy tooo long. I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Momentum Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
XGTI | 2.02 | 39.31% | 25408261 | Top Gainers | |
NATR | 11.30 | 27.68% | 506627 | Top Gainers | |
LTBR | 1.85 | 26.71% | 1196562 | Top Gainers | |
DXPE | 41.67 | 26.04% | 825243 | Top Gainers | |
WB | 78.60 | 24.96% | 13701340 | Top Gainers | |
ETSY | 13.73 | 21.29% | 18303217 | Top Gainers | |
WB | 78.60 | 24.96% | 13701340 | New High | |
WFBI | 33.58 | 16.44% | 563103 | New High | |
SINA | 99.04 | 17.85% | 10647530 | New High | |
AKBA | 15.01 | 16.36% | 6657073 | New High | |
REXX | 4.13 | 3.77% | 227339 | Overbought | |
EA | 111.76 | 0.78% | 2963315 | Overbought | |
TAIT | 1.45 | 18.85% | 906678 | Unusual Volume | |
XGTI | 2.02 | 39.31% | 25408261 | Unusual Volume | |
NECB | 8.50 | -4.49% | 15162 | Unusual Volume | |
NATR | 11.30 | 27.68% | 506627 | Unusual Volume | |
CUZ | 8.45 | 0.36% | 3425205 | Upgrades | |
AKER | 1.50 | -14.29% | 103597 | Earnings Before | |
MCC | 6.15 | 0.00% | 778719 | Insider Buying |
Algorithm Charting News (Artificial Intelligence, Intelligent Assistants, Big Data and More):
Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS
Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS https://t.co/M3aaGpDRSK
— Freedom $SPY Algo (@FREEDOMtheAlgo) May 16, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
Weekly Swing Trading Updates Mon May 15 $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AGN,… #swingtrading #premarket
https://twitter.com/CompoundTrading/status/864047582200430593
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD, $XAUUSD, $GC_F :
Funds cut #gold net-long by the most since October in wk to May 9. Only long liquidation with gross-short staying unchanged
Funds cut #gold net-long by the most since October in wk to May 9. Only long liquidation with gross-short staying unchanged pic.twitter.com/revA2dm3XO
— Ole S Hansen (@Ole_S_Hansen) May 14, 2017
Gold Miner’s $GDX:
NA
Silver $SLV:
#Silver has been particularly hard hit during the past month with the net-long slumping from a record to a 15-month low
#Silver has been particularly hard hit during the past month with the net-long slumping from a record to a 15-month low pic.twitter.com/b54ALfd0CI
— Ole S Hansen (@Ole_S_Hansen) May 14, 2017
Crude Oil $USOIL $WTI:
WTI speculative accounts decreased long by -$2.5bn to $5.3bn leading unwind in commodity complex
WTI speculative accounts decreased long by -$2.5bn to $5.3bn leading unwind in commodity complex pic.twitter.com/liVSTfzGso
— Sunchartist (@sunchartist) May 13, 2017
Volatility $VIX:
The historical seasonal tendency is for $VIX levels to trend lower until around July
The historical seasonal tendency is for $VIX levels to trend lower until around July pic.twitter.com/Sb25W1SPro
— Topdown Charts (@topdowncharts) May 9, 2017
$SPY S&P 500 / $SPX:
64% of $SPX companies have beaten sales estimates for Q1 to date, above the 5-year average (53%).
64% of $SPX companies have beaten sales estimates for Q1 to date, above the 5-year average (53%). https://t.co/wYh4E6tMAI pic.twitter.com/PKVI4ucp6M
— FactSet (@FactSet) May 13, 2017
Markets Looking Forward:
#earnings $BABA $HD $AMAT $TGT $CSCO $WMT $CRM $WB $TJX $DKS $BDSI $SORL $SPLS $SSYS $RL $SINA $WLB $LB $AEO $FL
#earnings $BABA $HD $AMAT $TGT $CSCO $WMT $CRM $WB $TJX $DKS $BDSI $SORL $SPLS $SSYS $RL $SINA $WLB $LB $AEO $FL https://t.co/lObOE0dgsr pic.twitter.com/sQ6pfjTMzm
— Earnings Whispers (@eWhispers) May 13, 2017
We’ve never had it so good: Global equities now worth $73.3trn, highest value in history.
We've never had it so good: Global equities now worth $73.3trn, highest value in history. pic.twitter.com/8yTYfVtCGG
— Holger Zschaepitz (@Schuldensuehner) May 13, 2017
Live Trading Chat Room Video Raw Footage and Transcript:
Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day).
NO VIDEO FOR TUESDAY (TECHNICAL GLITCH AS LEAD TRADER WAS TRAVELING)
Compound Trading Stock Chat-room Transcript:
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.
Curt M: $MIRN Synlogic and Mirna Therapeutics Agree to Merger http://investor.mirnarx.com/releasedetail.cfm?ReleaseID=1026554 …$LCI Lannett Announces Approval For Levocetirizine Dihydrochloride Oral Solution, 2.5 mg/5 mL (0.5 mg/mL)$SGMO $PFE Sangamo granted Fast Track designation for SB-525 gene therapy by FDA
Curt M: Protected: PreMarket Trading Plan Tues May 16 $XGTI, $XTNT, $AKBA, $WB, $SINA, $PGPM, $PBR, $EWZ, $JASOLINK: https://compoundtrading.com/premarket-trading-plan-tues-may-16-xgti-xtnt-akba-wb-sina-pgpm-pbr-ewz-jaso/PASSWORD: PRE051617Today’s Live Trading Room Link: http://compoundtrading1.clickmeeting.com/livetrading
Curt M: Morning!
Curt M: Let premarket settle in a bit here before I get on mic 9:00 >>>>>>>>>>>>>
Market Maven: Morning everyone
Gil: Hey Maven
Shafique: Mellow pm
Carol: What time is Curt on mic?
Debbie: Likely not until near open…. its calm
Dave: gm
Susan: hey team
Tradergirl: gm fam
Carol: mornin
Spiegel: gm everyone
Curt M: Won’t be on mic till 9:20…. very mellow premarket>>>>>>>>
Carol: hey spiegy
Carol: Another move like $PGPM again today would be nice
Market Maven: I\ll say wow
Sandra: I got a piece
Scott: wokr me up I was asleep at my desk haha
Tradergirl: omg pgpm ladies, is just.
Tradergirl: carol/sandra haven’t seen you in here until recently, are you new
Market Maven: they’re long timers – came w curt:) and some of us other stragglers
Tradergirl: lolllll
Carol: yepp
Tradergirl: that is awesome!
Tradergirl: hope to learn lots from you guys, some of the better trading i’ve seen out there guys, fab.
Carol: there;s a few that have been trading together for a while in here
Carol: nice
Tradergirl: are you guys all on fintwit?
Carol: well…. getting near now]
Carol: Curt whats up
Market Maven: he’s ommn his way
Curt M: On mic in 1 min……>>>>>>>>>
Flash G: gm
Market Maven: TG… group runs darkpool algos bla bla tell u about it later
Flash G: Morning MM
Tradergirl: omg lol, yes do tell later def
Tom: I’m new, is sound on ?
Tradergirl: gm Tom, I don’t hear anything
Carol: yes
Hedgehog Trader: good morning all, hi Tom
Tradergirl: gm hh
Carol: ui can hear
Curt M: maybe cause I’m traveling ugh there’s an issue
Tradergirl: rats have to reboot
Curt M: can you hear hedge?
Hedgehog Trader: no
Hedgehog Trader: sorry
Curt M: ugh
Curt M: sorry guys
Curt M: rembling on lol and you can’t hear
Curt M: working on it
Curt M: we’re going to be with out sound for just a bit lol
Shafique: no prob
Tradergirl: np
Curt M: I’ll reboot after open calms down
Curt M: sorry guys and gals
Hedgehog Trader: stuff happens
Curt M: Long a bit of $PGPM for a test .0086
Market Maven: yeeehaw me too lets do this
Scott: small start for me too
Hedgehog Trader: silver up another 11c
Hedgehog Trader: silver miners $EXK $ASM
Curt M: $XGTI on the move
Curt M: $PGPM I won’t give a lot of rope but thought I’d start earlier on it today
Curt M: Welcome aboard Tom
Curt M: normally we hear too lol
Flash G: lol
Tom: thank you, lol
Spiegel: hearting is an extra $5 a month
Curt M: $PGPM came off a bit fyi
Spiegel: hearing
Curt M: lol
Shafique: $SORL looks dangerously ready for bo
Flash G: Trimmiing $NVDA swing 30%
Sandra: gappers aren’t doing it today
Curt M: At least there aren’t a numch of cowboys getting chopped up here – good siciplined team this moring (every morning lol)
Curt M: Spiegel whats on your radar over therE?
Spiegel: DDD is still powerful – but overextended now
Sandra: $XTI turding
Sandra: $XGTI
Tradergirl: key moment oil kk
Spiegel: TSLA bouncing nicely
Curt M: ya it needs to make a decision soon…. 4:30 target in play #OIL
Spiegel: AVGR over .44
Curt M: I guess I’ll reboot while market figures its direction
Curt M: hold on
Spiegel: I’m in MB calls too
Tradergirl: actually key moment across board: bonds/indices/vix/metals/energy/yen, gonna look for long bonds here
Dave: i agree
Curt M: Curts screen will be right back:)
Dave: $VIX time sioon
Tradergirl: ya, looking at quick vxx C st
Tradergirl: always better if others see same thing D
Dave: market doesn’t look great imo
Debbie: $NVDA may buy the dip actually on next trun
mat: loud and clear
Spiegel: it actually works!
Hedgehog Trader: i hear ye
Market Maven: ss $SNAP
Flash G: $SSYS $DKS $WB $HD
Flash G: $BABA
Hedgehog Trader: $TWTR and $LIT multi wk high
Spiegel: XGTI moving nicely now
Hedgehog Trader: $GREK $NBGGY still climbing
Curt M: $XGTI fill 2.03 3000 shares tight daytrade
Tradergirl: looking at oil short, looks awful kk
Market Maven: with ya
Tradergirl: wowzers kk natgas! seen better days
Sandra: natgas long soon
Curt M: out 1.982 small cut
Market Maven: holding
Debbie: me too
Sandra: still in also
Spiegel: My broker wants Creme Brule now
Tradergirl: does it ever go out of sync with natgas? oil? natgas seems like good short? am i missing smthg sandra?
Tradergirl: ok be back, mkts might roll today
Debbie: Thanks curt
Dave: $MOMO is my only play today so fa
Susan: $XGTI should come down over lunch
Gil: yes very likely
Carol: c
Shafique: Oil room opening Juner 15 would be cool]
Sandra: TG Natgas… I was just thinking when it does show signs of turn I’d be long is my thinking
Flash G: Curt I just read your winning rants from weekend 🙂 Pure Gold
Curt M: ha ha ya well not popular to rant like that so i just just zipper my lips
Shafique: nah
Flash G: Alibaba $BABA PT Raised to $155 at MKM Partners; ‘We Expect Strong March Results & Outlook”
Scott: $LTBR ready too
Hedgehog Trader: metals spiking
Hedgehog Trader: USD looks ill
Hedgehog Trader: i think $MUX is plotting a run at 50 dma and a breakout soon thereafter
Curt M: back in 10
Market Maven: done with $SNAP
Flash G: $MSFT nice action today for me.
Sandra: Turning attention to metals and miners seems time.
Tradergirl: hi all, didn’t know if you guys chat in btw chart reviews, glad i popped back in 🙂
Tradergirl: ya Sandra, energy doesn’t look great to me atm st but def buy when turns thank you. usd = awful agree hh.
Sandra: ya TG doesnt look great
Tradergirl: metals on the other hand, gold
Scott: $BBRY tape soooper strong and consistent
Curt M: Crude trade has been really messed up for days now…. OPEC did a number on it. But Wed 1030 target will likely reset it properly
Tradergirl: always eia, every time isn’t it? lol
Curt M: yup
Tradergirl: ya, literally was hesitating on oil short cos thot games cld be had until then, ok same page kk
quarryrock: good am everone
Shafique: hey QR
Market Maven: good day
Curt M: On mic 12:00 for chart review >>>>>>>>>>>> 10 mins
quarryrock: hi! Noticed $SLW name change today to new ticker $WPM
Tradergirl: hi Q
quarryrock: having a good couple days here Hits on $HD and $TLT this am
quarryrock: completely missed $WB and $SINA
Sandra: missed them too
quarryrock: funny thing is i had them on my watch list to trade. oh well
quarryrock: Traded $DKS common this am at the open in at $42.37 out at $43.08 +.71 lots of shorts likely to cover tonite so may try this as a long later with a tight stop
Curt M: Coffee still perking…. be a couple mins lol
Curt M: fn coffee maker
Tradergirl: lollll
Curt M: On mic for mid day chart review 12″04 PM>>>>>>>>>>>>
Spiegel: I think you might like the beach as much as I do. Maybe more?
Tom: re: DXPE , would you mention this type of set-up in your Swing service ?
Tom: Is the Swing service based on a model portfolio size, like $100,000 ?
Spiegel: The DDD I mentioned this morning doing welll. Up a buck since then
Leanne: Nice Spiegel, I looked at that about a week ago and didn’t take it. Damn.
Leanne: Thanks Curtis
Market Maven: ya curt
Curt M: np
Sandra: hopefully Sartaj posts those vids right away I like those one
quarryrock: in going to start a little $NKE swing trade here. call me contrarian but i think this is overdone. also getting some positive analyst coverage
Market Maven: $GSAT on the other side of the bowl – really nice set up today
quarryrock: $BABA PT raised to $155 by MKM
quarryrock: 25% upside from here
Shafique: in it
Flash G: same same
quarryrock: nice what strike?
quarryrock: silver spike!
Hedgehog Trader: go go silver
quarryrock: what do you think HH? USLV swing?
Hedgehog Trader: i do like that
Hedgehog Trader: silver now up 22c
quarryrock: NVDA at it again. unreal ripper
quarryrock: textbook ride up and dump on $BZUN
Hedgehog Trader: hod on $EXK silver
quarryrock: i got a feeling they may dump $HD to red into the close. what a shame after that huge quarter
Tradergirl: silver = fab
Hedgehog Trader: watching UGAZ ssome good dippage
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Article Topics: $XGTI, $DXPE, $NATR, $WB, $ETSY – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500
PreMarket Trading Plan Tues May 16 $XGTI, $XTNT, $AKBA, $WB, $SINA, $PGPM, $PBR, $EWZ, $JASO
Compound Trading Chat Room Stock Trading Plan and Watch list for Tuesday May 16, 2017; $XGTI, $XTNT, $AKBA, $WB, $SINA, $PGPM, $PBR, $EWZ, $JASO – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notes in red text below are new comments entered specifically today.
Notices:
Today’s Live Trading Room Link: http://compoundtrading1.clickmeeting.com/livetrading
Live Alerts for Swing Trading Service Registrants and Day Trading side are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to [email protected] and ask Sartaj to get you info. Most of that I spoke to myself are opting for email only, but the Twitter alert system is available for those that choose that.
Two Week Trading Challenge is Over (34% vs. double up) and I Start a New One Yesterday. Only this time the trading challenge is six months!
Likely it now for two week 20k double small account trading challenge +6772.00. No double but 30%+ is okay ROI #tradingchallenge
I failed. My goal was a two week double up. BUT 34% I did hit IF done every two weeks is 1M 1,000,000.00 in 6 mos. That's my new challenge. pic.twitter.com/2fzD5nzRl0
— Melonopoly (@curtmelonopoly) May 13, 2017
Most recent lead trader blog posts:
Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.
Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series. https://t.co/3WOEzWx3Gi
— Melonopoly (@curtmelonopoly) May 13, 2017
https://twitter.com/CompoundTrading/status/846494014635429888
The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.
https://twitter.com/CompoundTrading/status/841078264537993218
Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):
https://twitter.com/CompoundTrading/status/853551912599400448
Trading Plan (Buy, Hold, Sell) and Watchlists:
Morning momentum stocks on watch so far: $XGTI $XTNT $AKBA
Bias toward / on watch:
Markets: $SPY $ES_F $SPX trending sideways but also toward upward price extension of our SPY algo, $GLD, $GDX Gold Miners catching up to Gold yesterday, $SLV Getting some lift here. $USOIL, $WTI is up over one important resistance on OPEC Russia and Saudi news and will be getting in to some serious resistance soon if it continues. $DXY is testing critical support area again and $VIX is in lowest range in decades.
OTC on watch: $PGPM I traded yesterday. Randoms I’ve noticed over last few weeks… $BRNE, $ELED, $PVCT, $LIGA (I hold),$AMLH, $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD
Gaps to Watch:
Recent Momentum Stocks to Watch: $PGPM (OTC)
Stocks with News: $MIRN, $LCI, $SGMO,$PSID, $ETSY
SEC Filings to Watch:
Short Term Trader’s Edge:
Holds: Most holds are small to mid size (less than 5% of day trading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT
Various Chart Set-ups on Watch: $SNDX Golden Cross, $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $EOG, $COTY, $FSLR, $AAOI, $HIIQ, $JASO Golden Cross, $VIPS – We are working on these and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to Youtube of each trading day.
Market Outlook :
Watch those large and mega caps – when they stall things could change. And don’t forget our $SPY algo warned about recent highs.
Market News and Social Bits From Around the Internet:
8:30am
Housing Starts
8:55am
Redbook
9:15am
Industrial Production
10am
E-Commerce Retail Sales
$MIRN Synlogic and Mirna Therapeutics Agree to Merger http://investor.mirnarx.com/releasedetail.cfm?ReleaseID=1026554 …
$LCI Lannett Announces Approval For Levocetirizine Dihydrochloride Oral Solution, 2.5 mg/5 mL (0.5 mg/mL)
$SGMO $PFE Sangamo granted Fast Track designation for SB-525 gene therapy by FDA
Ransomware attack again thrusts U.S. spy agency into unwanted spotlight http://www.reuters.com/article/us-cyber-attack-blame-idUSKCN18C02D?il=0 … $FEYE $PANW $BBRY
PositiveID reports Q1 results https://seekingalpha.com/news/3267745-positiveid-reports-q1-results?source=twitter_salphatech … #premarket $PSID
Etsy’s stock soars 10% premarket after private-equity firms disclose stakes late Monday
Snap’s stock rallies 1.5% in premarket trade
Saudi Arabia, Russia agree oil output cuts until March 2018 https://t.co/CGa5mzXcpb #SaudiArabia #Russia #oil#OPEC #OOTT $USOIL $WTI $CL_F
— Melonopoly (@curtmelonopoly) May 15, 2017
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).
The algorithm Twitter feeds can be found here:$WTI (@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 and lead tech developer @hundalSHS.
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(1) Pre-Market Gainers Watch-List : $XGTI $XTNT $AKBA $BDSI $WB $GILT $SINA $VOD $DB $VIPS $HD $FIT $NUGT $TOT $FEYE $LOGI $BP $SNAP $RIO $MOMO I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List : $JDST $DWT $EDIT $PTX $YNDX $DKS $ETRM $SSTS $HTGM $IDXG $SBGL $$UGAZ $DDD $DUST $TAL $DRYS $TVIX $UVXY I will update before market open or refer to chat room notices.
(3) Other Watch-List:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)
(5) Upgrades: $LGIH $CR $DK $FET $AIG $DPS $RGC $TGI $WRI $CUZ $YUM $RPM as time allows I will update before market open or refer to chat room notices.
(6) Downgrades: $MDC $FRTA $PTHN $NK $VLO $MELI $PFE $CHD as time allows I will update before market open or refer to chat room notices.
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
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
Article Topics: $XGTI, $XTNT, $AKBA, $WB, $SINA, $PGPM, $PBR, $EWZ, $JASO – $PVCT, $LIGA, $MGTI, $ONTX, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD