Compound Trading Chat Room Stock Trading Plan and Watch list for Wednesday May 17, 2017; $XGTI, $CBIO, $JACK – $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

Wed 12:00 Mid Day Review | Current Trade in Oil hosted by Epic Oil Algo. Public Welcome $USOIL $WTI $CL_F #OIL #OOTT

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 info@compoundtrading.com 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 Started a New One Monday. 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

Most recent lead trader blog posts:

Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far: $XGTI, $CBIO, $JACK

Bias toward / on watch: 

Markets: $SPY $ES_F $SPX trending sideways but also toward upward price extension of our SPY algo, $GLD, $GDX some life. $SLV Getting some lift here. $USOIL, $WTI came off and out of channel it was in as I suspected it would. $DXY is testing critical support area again and $VIX is in lowest range in decades.

OTC on watch:Randoms I’ve noticed over last few weeks… $PGPM, $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: $XGTI $SSYS 

Stocks with News: $BMY, $JACK

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: $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.

$XGTI. premarket, trading, plan

$XGTI Premarket up 6% $CBIO action too premarket

$LIT Trading 29.43. MACD turned up last Friday and all indicators on weekly and daily flashing bullish. #swingtrading

$ATHM Weekly Stoch RSI turn up near top, MACD turn up, SQZMOM up, Vol up, Post earnings, 50 MA near 100 MA breach. #swingtrading

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.

Note to all of the FANG critics: Having AAPL lead the advance is NOT a bad thing. If AAPL were lagging, THAT would be bad.

Market News and Social Bits From Around the Internet:

7am
MBA Mortgage Apps

10:30am
Petroleum Status Report

Both Jack in the Box and Red Robin surging after earnings. $JACK up 10% #premarket. $RRGB up 17%.

$BMY Health Canada Approves OPDIVO (nivolumab) for the Treatment of Squamous Cell Carcinoma of the Head and Neck

$QCOM $AAPL Qualcomm Files Breach of Contract Complaint against Apple’s Manufacturers for Non-Payment of Royalties

Target earnings: $1.21 a share, vs 91 cents EPS expected.

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 :$RRGB 17%, $CBIO 11%, $JACK 9% $CHRS $QIWI $UVXY $TVIX $BDSI $TGT $XGTI $NUGT $JNUG $HMY $CLVS $VXX $CL $VIXY $TZA  I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List :  $SPY $XIV $LABU $JDST $DUST $DWT $AMD $NVDA $ABBV $AAOI $SVXY $DGAZ $ETSY $AEO $FAS $WFC $SQ $SNAP $GS $XLF $AKS $X $ESRX $P $DIS $TTD 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: $WIN $COP $TS $CLVS $RIO $WWW $TJX $RRGB  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $DLR $MRO $AVB $FOXF $DIS $ETSY $WSR $SQ $AMD $SSYS 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:  – $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


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

Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS

Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.

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

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

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

Premarket Session: 

$XGTI Premarket up 18%

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

$WB at Fib resistance

$NATR tagged 200 MA resistance perfect in intraday trade.

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)

$DXPE Perfect textbook set-up with MA’s KABOOM it doubles. Not bad. #freedomtraders

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

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

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

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

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

Crude Oil $USOIL $WTI:

WTI speculative accounts decreased long by -$2.5bn to $5.3bn leading unwind in commodity complex

Volatility $VIX:

The historical seasonal tendency is for $VIX levels to trend lower until around July

$SPY S&P 500 / $SPX:

64% of $SPX companies have beaten sales estimates for Q1 to date, above the 5-year average (53%).

Markets Looking Forward:

#earnings $BABA $HD $AMAT $TGT $CSCO $WMT $CRM $WB $TJX $DKS $BDSI $SORL $SPLS $SSYS $RL $SINA $WLB $LB $AEO $FL

We’ve never had it so good: Global equities now worth $73.3trn, highest value in history.

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


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 info@compoundtrading.com 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

Most recent lead trader blog posts:

Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

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

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


Stock Trading Plan for Thursday Feb 2, 2017 in Trading Chat room. $MJN, $XGTI, $EYES, $ANY  – $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

Morning Emails: Multiple emails and / or complimentary issues end this Friday. As of Monday this will change, as will passwords for each algorithm daily.

Discounts: We ended our inaugural discount offer to the public last night but a few members have asked for an extension because they are traveling etc…. so we can do that just for existing members until this weekend also… but please after that lets just leave that be because we don’t want to run a sales promo room environment.

SMS / Email Alerts: The SMS and emails alerts – sometimes we can’t alert, so this scenario occurred in Tuesday trade, I was in and out of $DRYS and it was high risk very volatile and I likely did ten or more trades – impossible to alert. Anyway, in most market environments that doesn’t occur, but I thought I would just clarify.

Current Holds:

$LGCY, $ROKA, $TRCH, $ESEA, $CBMX, $JUNO (all very small), $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Overnight Oil is near important resistance, Gold is above important resistance as is Silver, US Dollar is mid range but at reasonable important Fib test, VIX got a jump, and SPY is relatively calm. From an algorithmic modeling perspective trade is strong / precise. This means machines a fully on and this provides excellent precision in my trading (specific to our six algo chart models).

I’m on the wrong side of the $DUST trade and may have to cut if Gold, Dollar etc extend current action.

I’ve been a little sloppy lately – watching. Bottom line – it looks like Gold and Silver if they get much higher they will continue in a new trend – so it looks like decision area to me. Oil is in the same boar but it does have overhead resistance coming soon (moreso than the immediate one). As far as the market in general, I never bet against it unless its broken and correcting.

$MJN Premarket, Trading Plan, Stocks, Chatrrom

$MJN Premarket, Trading Plan, Stocks, Chatrrom

Morning Momo / News Bits:

Momo Watch: $MJN, $XGTI, $EYES, $ANY, $JNUG, $TENX $AU $NUGT $ETRM $ADHD

Chain Store Sales

Challenger Job-Cut Report
7:30

Jobless Claims
8:30

Productivity/ Costs
8:30

Good Jobs Rate
8:30

NatGas #
10:30

BREAKING: Jobless claims hit 246,000 vs. 250,000 estimate http://www.cnbc.com/2017/02/02/jobless-claims.html …

Qorvo -7.36% premarket; Q3 2017 over expectations, Q2 outlook at issue http://seekingalpha.com/news/3240022-qorvo-minus-7_36-percent-premarket-q3-2017-expectations-q2-outlook-issue?source=feed_f … #premarket $QRVO

Magellan Midstream Partners beats by $0.08, beats on revenue http://seekingalpha.com/news/3240021-magellan-midstream-partners-beats-0_08-beats-revenue?source=feed_f … #premarket $MMP

$TRIL Outlines Anticipated Activities and Milestones for 2017

Nokia’s stock surges 5.3% in active premarket trade after Q4 results

$XGTI xG Technology, Inc. Completes Acquisition of Vislink Communication Systems, Assuming Full Legal Ownership of the Business

Ralph Lauren shares slide 10% premarket as CEO leaves, warns of charges\

Novo Nordisk Q4 sales off 2%; earnings up 5%; cash flow up 10%; soft guidance pressures shares, d… http://seekingalpha.com/news/3240009-novo-nordisk-q4-sales-2-percent-earnings-5-percent-cash-flow-10-percent-soft-guidance?source=twitter_sa_factset … #premarket $NVO

Acacia Communications +3.9% as Morgan Stanley buys the dip http://seekingalpha.com/news/3240008-acacia-communications-plus-3_9-percent-morgan-stanley-buys-dip?source=twitter_sa_factset … #premarket $ACIA

Macy’s $M are edging up premarket based on rumors that the company may be open to being acquired

Trump trade policy turns JPMorgan bearish on small and midcap stocks http://seekingalpha.com/news/3240007-trump-trade-policy-turns-jpmorgan-bearish-small-midcap-stocks?source=feed_f … #premarket $IWM $TZA $TNA $UWM

$DB -4% premarket suffering from a second full-year net loss after getting hit by legal costs.

Merck’s stock swings lower after Q4 results, down 0.1% premarket after being up as much as 1.4% earlier

Bloomberg: Brookfield Asset, Simon Property, GGP possible suitors for Macy’s http://seekingalpha.com/news/3240012-bloomberg-brookfield-asset-simon-property-ggp-possible-suitors-macys?source=feed_f … #premarket $M $BAM $SPG $GGP

Goldman Sachs negative on URBN and JWN http://seekingalpha.com/news/3240015-goldman-sachs-negative-urbn-jwn?source=feed_f … #premarket $URBN $JWN

Smaller than expected loss at ConocoPhillips http://seekingalpha.com/news/3240014-smaller-expected-loss-conocophillips?source=feed_f … #premarket $COP

Netflix Leads The Content Crowd In Streamer Satisfaction http://benzinga.com/z/8984490 $AMZN $NFLX

If you are new to our trading service you should review recent blog posts, our 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 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, 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 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:  $MJN, $XGTI, $EYES, $ANY, $JNUG, $TENX $AU $NUGT $ETRM $ADHD

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Decliners: I will update before market open or refer to chat room notices.

(3) Other Watch-List: $DRYS sympathy $DCIX, $ESEA, $SINO, $GLBS 

(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: as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: 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: $MJN, $XGTI, $EYES, $ANY, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Tuesday Jan 31, 2017 in Trading Chat room. $DRYS $RGSE $SINO $AEZS $XGTI – $GOOGL, $TRCH, $LGCY, $CBMX, $JUNO, $ROKA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: 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.

Current Holds:

$GOOGL, $LGCY, $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Volatility is here!!! Margin finally. Apple reports after market and Amazon Thursday – should get interesting. Morning chart reports show Gold, Silver near break outs, Oil near support, USDJPY near further break down and US Dollar confusing. VIX should be a good play today…. but most important is that margin has finally opened up! Thank you!

On the look out for great buys. Under Armour is interesting.

 

Morning Momo / News Bits:

Momo Watch: $DRYS $RGSE $SINO $AEZS $DCIX $SNAM $MNTA $XGTI

$OCRX HCW maintains Buy, PT lowered to $4

Exxon little changed as Q4 earnings miss, revenue rises http://seekingalpha.com/news/3239072-exxon-little-changed-q4-earnings-miss-revenue-rises?source=feed_f … #premarket $XOM

Fitbit downgraded to Sell at Citi, target $5 http://seekingalpha.com/news/3239074-fitbit-downgraded-sell-citi-target-5?source=feed_f … #premarket $FIT

Dimension Therapeutics’ gene therapy candidate for hemophilia B shows treatment benefit in early… http://seekingalpha.com/news/3239075-dimension-therapeutics-gene-therapy-candidate-hemophilia-b-shows-treatment-benefit-early?source=twitter_sa_factset … #premarket $DMTX

$CLRB Announces Two Peer Reviewed Studies Demonstrating the Capabilities of the PDC Platform

MasterCard lower after revenue miss http://seekingalpha.com/news/3239045-mastercard-lower-revenue-miss?source=feed_f … #premarket $MA

$SDRL -18% #premarket Has not yet reached agreement among all counterparties in talks to restructure $8.2B in secured #debt.

$TEVA slumps 7% #premarket U.S. District Court for the District of Delaware has invalidated all asserted claims of four patents.

Weak guidance and earnings miss sends UPS lower http://seekingalpha.com/news/3239038-weak-guidance-earnings-miss-sends-ups-lower?source=feed_f … #premarket $UPS

Thermo Fisher Scientific revenues up 7%; non-GAAP EPS up 14% in Q4 http://seekingalpha.com/news/3239036-thermo-fisher-scientific-revenues-7-percent-non-gaap-eps-14-percent-q4?source=feed_f … #premarket $TMO

Griffon EPS in-line, misses on revenue http://seekingalpha.com/news/3239034-griffon-eps-line-misses-revenue?source=feed_f … #premarket $GFF

Exxon Mobil EPS of $0.41 http://seekingalpha.com/news/3239027-exxon-mobil-eps-0_41?source=feed_f … #premarket $XOM

Oak Ridge Financial Services reports Q4 results http://seekingalpha.com/news/3239066-oak-ridge-financial-services-reports-q4-results?source=twitter_sa_factset … #premarket $BKOR

FedEx -1.7% after UPS disappointment http://seekingalpha.com/news/3239063-fedex-minus-1_7-percent-ups-disappointment?source=twitter_sa_factset … #premarket $FDX

$SNE #SONY up in #premarket $30.49 earnings on Thursday $35.. stake in M3 should provide boost to earnings. Image sensors sales skyrocket

 

If you are new to our trading service you should review recent blog posts, our 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 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, 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 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: $DRYS 43%, $JAGX 41%, $SINO 15%, $XGTI 13%, $AEZS 9%, $ESEA $TOPS $ATRS $DGAZ

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Decliners: $UAA -26%, $UA -23%, $SDRL -15%, $SMLP -7%, $TEVA -6%, $JDST $UGAZ $DUST $DSLV  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: $VSAT $PAGP $XGTI $PAA $KRNY $VNOM $FBNK $QTS $SHOO $TUP $BHLB $MNRO $MKTX $CBOE $NNN $AHP $TEVA $MPSX $CLR as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $IDTI $GOLD $NGVC $OCRX $CTSH $FIT $CLH $BWLD $XXIA $M $NGD $BH 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:  $DRYS, $RGSE, $SINO, $AEZS, $XGTI, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Welcome to the second day’s review of our two-week trading challenge, where our lead trader’s aim is to double his large account. My name’s Sartaj, a software engineer at Compound Trading. Following our original format, the first part of this series is a chart review. Our lead trader’s record for January 10 was 6 wins, 2 small losses, and 1 hold from a previous swing trade.

Overall, the general sentiment of the market has been relatively flat pending Donald Trump’s inauguration. Much of the chatter since Monday has indeed been about medical-related fields, and $ETRM showed itself to be a scalper’s paradise today. More on this later.

Hence, the focus was largely on biopharma stocks, with one hold in oil based on the results of our oil algorithm.

The first play was in $GNVC, which leveraged morning momentum one minute after the opening bell. Entry was at 9:31 am going long at 8.23, 1000 shares. Exit was one minute later. The original plan was to hold in the 8.70 area after the initial momo pike, but there was a pull back after price moved to 10. Price action came off a bit faster than it should have after the initial spike, in our lead trader’s estimation. This validated his concern with respect to pulling out very early.

This example also highlights the importance of seeing indicators line up. While the stochastic oscillator and Osmond
metrics were lining up well, there were not enough checkmarks to justify a hold.

Moving on, we see that $ETRM continued to be a scalper’s paradise, following Monday’s trends. We made one play at 10:22 am, with entry at 19.04, and exit 4 minutes later out 3000 shares at 19.59. As we can see, an extended hold until lunch time may have worked out in retrospect, but our lead trader worked off his plan and exited before the downdraft between 10:30 am and 10:40 am.

 


The next stock we looked at was $SGNL. This was technically interesting, as the volume has been low here for quite some time. Most of our wins were came from this stock, leveraging gap-ups. The orange arrows highlights a halt, which we had pinned down right to the minute. Note that there pops in price nearly every time a halt came in.


The first loss of the day came near end-of-day in $BIOC. While the entry was sound, leveraging a reversal at 2:42, there was not enough price action during the pop at 3:28.


Our second loss came from $XGTI, a technology company. Similar to the previous loss, there was an expectation of a pivot where the exit point was, building price action at a previous resistance level. However, after the reversal at 3:09 pm, the downdraft continued. A better play may have been to exit right before the reversal, although the price action here was quite dramatic.

Finally, our lead trader entered one hold. Further to these momentum and scalping plays, our flagship algorithm, EPIC, had the following observations: On January 9, price fell out of its lower resistance, which we represent as a “lower width” in terms of our algorithmic charting. It was posited around a 50% probability that price would reach 53.16.

Using $UWT as a primary trading instrument against $USOIL (where we represent our algorithm), our lead trader went long at 24.10, 1000 shares. There was slight lift over the support width, with evidence of a price action moving towards one of the primary algo targets in the afternoon.

Oil output being cut, a couple of trade and environmental agreements in the works. General sentiment is to wait until the US presidential inauguration. Not really anything impressive in terms of price actions, but algo targets are still on mark pending re-calculations.

Given these geo-indicators, our lead trader entered a hold.


My Stock Trading Plan for Tuesday Jan 17, 2017 in Trading Chat room. $FWP, $CLSN, $CWEI, $BVXV, $RNVA, $XGTI, $BLRX – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: 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.

Current Holds:

$CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Per previous;

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per 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 first week of January 2017.

Morning Momo / News Bits:

Momo:  $FWP, $CLSN, $CWEI, $BVXV, $RNVA, $XGTI, $BLRX

$CLSN up 30% PM

S&P -0.3%.

10-yr +0.19%.

Euro +0.78% vs. dollar.

Crude +1.57% to $53.19.

Gold +1.25% to $1,211.20.

Dollar continues under pressure http://seekingalpha.com/news/3235413-dollar-continues-pressure?source=feed_f … #premarket $UUP $GLD $SLV

Twitter -1.3% after UBS downgrade; GOOG, FB top Internet picks http://seekingalpha.com/news/3235409-twitter-minus-1_3-percent-ubs-downgrade-goog-fb-top-internet-picks?source=feed_f …

BioLineRx initiates mid-stage study of BL-8040/KEYTRUDA combo for pancreatic cancer; shares… http://seekingalpha.com/news/3235402-biolinerx-initiates-mid-stage-study-blminus-8040-keytruda-combo-pancreatic-cancer-shares-11?source=feed_f … #premarket $BLRX

Morgan Stanley beat on earnings and revenue. “Yuge” jump in bond trading sales. Bet on inflation from Trump/Fed? $MS up 1.5% #premarket.

Uranium Energy to launch 6.66M-unit offering http://seekingalpha.com/news/3235406-uranium-energy-launch-6_66m-unit-offering?source=feed_f … #premarket $UEC

Rex Energy Announces Two-Year Financial and Operational Plan and Provides Financial Update $REXX http://bit.ly/2juU9nP

$IPDN http://finance.yahoo.com/news/professional-diversity-network-announces-definitive-130000038.html …

JPMorgan pulls bullish view on Chipotle http://seekingalpha.com/news/3235404-jpmorgan-pulls-bullish-view-chipotle?source=feed_f … #premarket $CMG

GameStop reports strong demand for Nintendo Switch http://seekingalpha.com/news/3235400-gamestop-reports-strong-demand-nintendo-switch?source=feed_f … #premarket $GME $NTDOY

Pound on the rise even as May calls for clean break from EU http://seekingalpha.com/news/3235395-pound-rise-even-may-calls-clean-break-eu?source=twitter_sa_factset … #premarket $FXB $EWU $GBB $EWUS

#Premarket Movers: $NFLX $NEM $MUR $CWEI $RTRX $CBMX $CCCL $HALO $ARDM $JNUG $LUX $NUGT $SBGL $AU $SIL $CPE $KEM $CUK

$XGTI Breaking news: xG Technology, Inc. Pays Off Debt from IMT Acquisition

If you are new to our trading service you should review recent blog posts, our 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 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, 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 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: $FWP 68%, $CLSN 40%, $CWEI 29%, $BVXV 27%, $RNVA 15%, $XGTI 11%, $BLRX $JNUG $NUGT $NRG $NAK $AU $IAG $SBGL $USLV

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Losers:  I will update before market open or refer to chat room notices.

(3) Other Watch-List: Novagold $NG, $ESEA, $DRYS, $TRCH and $GREK are on my watchlist.

(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:$PKY $PAAS $YUMC $FE $PNW $NFX $CLR $ALB $AXP $TXRH $LAMR $RES $MSM $NFLX $AGIO $DIS $XEC $HCA $ABC $JONE $FN $PKY $SNOW $MIK $BYD  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $JWN $JPM $PPG $PPL $DVN $OMF $EAT $OUT $CMG $CHMA $STNG $LMCA $SPR $COMM $LSTR $SAIA $TWTR $XEC $VSI $TCS 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:$FWP, $CLSN, $CWEI, $BVXV, $RNVA, $XGTI, $BLRX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Tuesday Jan 10, 2017 in Trading Chat room.  $GNVC, $DFFN, $XGTI, $ROKA, $ETRM – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

A super quick premarket newsletter..

Notices:

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Per previous;

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: 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.

Current Holds:

Per previous;

$CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Per previous;

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per 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 first week of January 2017.

Morning Momo / News Bits:

Momo: $GNVC, $DFFN, $XGTI, $ROKA, $ETRM

Pluristem gains premarket as FDA OKs trial for critical limb ischemia therapy.

Ascena Retail’s stock plunges 19% premarket after earnings outlook slashed.

DexCom sees 2016 top line up 42% to $570M.

If you are new to our trading service you should review recent blog posts 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 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, 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 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: $GNVC 41%, $DFFN 21%, $XGTI 21%, $ROKA 18%, $ETRM 15%, $NSPR $ILMN $MSTX $VRX $UGAZ $CUDA $VICL $ARRY $VALE $RIO

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Losers:  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:  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:  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: $GNVC, $DFFN, $XGTI, $ROKA, $ETRM, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Wednesday Jan 4, 2017 in Trading Chat room.  $CBAY $NVLS $XGTI $CS $VCEL $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

Equipment Upgrades: The techs from the local internet company were in our offices yesterday upgrading our systems – good to go now – sorry about the mid day interruption but they insisted there was no way to do it outside of normal business hours – jeez.

Algorithmic charting / service newsletters: The last of them are being finalized over 48 hours and all new 2017 services on our list will be rolling out.

Per previous;

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: 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.

Current Holds:

Per previous;

$CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

Market Outlook:

Per previous;

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that. 

Per 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 first week of January 2017.

Morning Momo / News Bits:

Momo Stocks: $CBAY, $NVLS, $XGTI, $CS $VCEL

S&P +0.2%.

10-yr -0.07%.

Euro +0.26% vs. dollar.

Crude +0.48% to $52.58.

Gold +0.33% to $1,165.85.

MarketCurrents: DCP Midstream Partners to merge with Phillips-Spectra joint venture   $ $ $

Ionis Pharma’s T2D candidate shows positive action in mid-stage study http://seekingalpha.com/news/3233325-ionis-pharmas-t2d-candidate-shows-positive-action-mid-stage-study?source=feed_f … #premarket $IONS

Wall Street set for higher open as investors eye Dow hitting elusive 20,000 mark #BeforeOpeningBell #PreMarket

Amgen prevails over Sanofi and Regeneron in PCSK9 patent case http://seekingalpha.com/news/3233317-amgen-prevails-sanofi-regeneron-pcsk9-patent-case?source=twitter_sa_factset … #premarket $SNY $REGN $AMGN

JPMorgan clients cover their Treasury shorts http://seekingalpha.com/news/3233328-jpmorgan-clients-cover-treasury-shorts?source=twitter_sa_factset … #premarket $TBT $TLT $TMV $TBF

$1,100.00 already. $BTCUSD

MBA Mortgage applications +0.1%, vs -12.1% last week
Purchases -1.4%, after -0.7%
Refis +1.7%, after -23.2%

$APVO Aptevo Therapeutics Resumes IXINITY Manufacturing; Anticipates Re-Entering the Market in the Second Quarter of 2017[+]

$AKAO initiated at Outperform with a price target of $21

Energy Reminder!! – #OOTT API’s today, DoE’s tomorrow alongside NatGas

RedHill Biopharma to present results of the first late-stage study of RHB-105 for H. pylori infe… http://seekingalpha.com/news/3233327-redhill-biopharma-present-results-first-late-stage-study-rhbminus-105-h-pylori-infection?source=feed_f … #premarket $RD…

Encana raises 2017 production growth, margin forecast http://seekingalpha.com/news/3233335-encana-raises-2017-production-growth-margin-forecast?source=feed_f … #premarket $ECA #sitifatimah #malaysia #financialplanning

Hilton spinoffs to start trading http://seekingalpha.com/news/3233333-hilton-spinoffs-start-trading?source=feed_f … #premarket $HLT #sitifatimah #malaysia #financialplanning

If you are new to our trading service you should review recent blog posts 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 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, 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 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: Gainers: $CBAY, $NVLS, $XGTI, $CS $VCEL $DEPO $SCON $NAK $ITEK $DB $GBT $GRFS $GFA $JNUG $AUY $RYAAY $XRX $STZ I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Losers: $IDXG $CASC $NVDA $JDST $STM $RUSL $LPSN $CLVS $MT $TSLA $DWT $CNHI $UNG $DAL $PRGO $FTI 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: $CS $MPLX $HTA $CP $HOLX $CNI $GEF $ACM $APO $CBOE $STT $A $EVA $CLNE $NFX $ANF $ON $CDXS $CVX $EOG As time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $NAVI $WCG $ANTM $STM $ZBRA $MHLD $LABL $HIFR $AES $ENSG $AEIS $CLNY $NSAM $EPE $SYRG $TBBK $TEL $MSCC $AMG $BLK $APAM $NVO $AAL 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.

Regular Trades:

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

Per previous;

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

$SPY, Intra-day, Fibonacci

Tight Intra-day trading levels. $SPY 527 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

My Trading Plan for $SPY:

Per previous;

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)

Outlook:

Per previous;

As noted above, we expect volatility.

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)

Per previous;

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Per previous:

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

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:

Per previous;

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)

Per previous;

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

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, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F: $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Outlook:

Per previous;

Same with Gold and miners – on high watch.

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

My Plan for Trading Silver:

Per previous;

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 Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

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

Outlook:

Per previous;

At time of writing crude oil has rallied above resistance and is now trading in the next quadrant. Watch for a back test at support.

Trading Plan:

Price did get to upside of resistance but on a backtest it did not hold. We are watching supports to see if they hold to go long or short.

$USOIL, Support

Yellow lines are support Crude algo intra work sheet 808 AM Jan 4 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

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):

Chart Per Previous;

Natural Gas, Chart

NATGAS KISS Chart of the day. Natural Gas.

Outlook: NA

My Trading Plan for Natural Gas: Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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:  $CBAY, $NVLS, $XGTI, $CS, $VCEL, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Dec 19 –  $XGTI, $SGY, $GSAT, $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, PUBLIC INTERACTION, REPRESENTATION AND TRADE (ON EVERY VENUE) IS EITHER RECORDED OR TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY.

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:

Mellow day – market calm – nailed a runner in morning $XGTI and still holding deep dive crude related $UWT from last week. $SGY is rocking from my Trading Room Newsletter alerts and Swing Trading set-up newsletters.

My Personal Trades:

Monday for me was mostly $STUDY and watching my Oil related $UWT trade – I am 10,000 shares deep from earlier in the week (1000, 3000, 6000 entries) – so that is setting up to be a great win. I see oil is up big overnight – would have never known:) Other traders in the room have been on winning side and have been regularly so that is great. Still hold $CBMX and $JUNO.

Primary Lessons That May Help You With Your Trades:

The $UWT (crude oil trade) I am in is completely about trusting the proven algorithm @EPICtheAlgo (which took me about 6 months to fully trust). I would be a lot further ahead has I just trusted the math process earlier. But I did this time – and I WENT BIG – REAL BIG FOR ME.

Buy alert, trading room, crude oi

Buy alert to our members last week (green arrow). Crude algo intra work sheet 429 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Looking Forward:

The market has a tonne of inflection points now so things should get interesting soon with our algos (Oil, Gold, Silver, US Dollar, VIX, SPY).

Announcements in Trading Room:

08:42 am Curtis M : Momo $TNXP, $GSAT, $XGTI, $ELGT, $APTO.

08:54 am Curtis M : Good Morning! Momo $TNXP, $GSAT, $XGTI, $ELGT, $APTO. At the bell I will focus on momentum stocks and then move over to Oil, Gold, Silver etc…

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:05 am Curtis M : $JUNO Defeats Kite Pharma’s Challenge to CAR T-Cell Patent. $KITE https://finance.yahoo.com/news/juno-therapeutics-defeats-kite-pharma-140000298.html
09:20 am Curtis M : Pre-Market Gainers Watch-List: $TNXP $GSAT $XGTI $CUR $APHB $BCLI $AWH $RGSE $PLX $PSTI $NVCN $GGB $JNUG $CBIO $OCLR $DRYS
09:31 am Curtis M : Long $XGTI small
09:32 am Curtis M : 3.51 1000 shares
09:33 am Curtis M : Out 3.60
09:41 am Curtis M : In Play: $XGTI, $BCLI, $EVOK, $LOXO, $DRYS, $GOGO, $JNUG, $WR
09:42 am Curtis M : 52wk Highs: $GTT $INN $MASI $ORA $RICK $UVE
09:44 am OILK K : $ACTS Halt – Additional Information Requested by NASDAQ. Halt time: 09:40:22.
09:46 am Mathew Waterfall : Quiet morning for me so far. Letting my positions work. Stalking the weak FANG names but no trigger pull so far
09:47 am MarketMaven M : $SPX spike
09:48 am Dani M : $HMNY vol halt
09:49 am Carol B : Copper serously off
09:51 am Curtis M : HMNY Google Play Shows Availability of Zone Technologies’ RedZone Map[+]
09:53 am Curtis M : 52wk Highs: $NVLN $UMH
10:02 am Curtis M : Looks like morning momos are done for me – gong to run scans and come back and review oil, gold, etc
10:02 am Curtis M : 10 mins
10:17 am Curtis M : Very quiet out there
10:19 am Mathew Waterfall : Yepp. $VIX getting smoked but not much movement to the upside which is kind of odd. Likely we just drift/chop around next 2 weeks
10:50 am Curtis M : Not much to review at all – market just flatenned – oil may move a bit and of course some select stocks – but currency and commodities and indices blah
10:52 am Mathew Waterfall : Sounds like we are both in the same camp. I’m gonna do some scans and grab some coffee. Back in a bit
11:11 am Curtis M : $AKAO pop
11:11 am Curtis M : $CLVS pop
11:12 am Curtis M : $CLVS Halt
11:14 am Curtis M : CLVSClovis Shares to Resume Trade at 11:15:59 a.m. EST
11:24 am Curtis M : Experiencing internet spikes expect service to resume shortly
11:31 am Darnel T : $NKE wth jeez
11:38 am Mathew Waterfall : $NKE seeing some decent call buying here as well
11:48 am OILK K : Curl on $HMY tempting but soft day
11:50 am Mathew Waterfall : Not much doing today. Might be my only open all day: $WYNN Jan20 95/97 call spread at .57. Out if it slips past 90
11:54 am Curtis M : $CLVS 4 mins
12:19 pm Dani M : $OCLR vol
12:35 pm Mathew Waterfall : Any knife catchers out there? Dust looks about ready. High risk options play with some rewards if you get a bounce
12:35 pm Sammy T : Market stall Mat
12:36 pm Sammy T : Pause time or something
12:36 pm Curtis M : $DUST likely gonna pop
12:51 pm Carol B : Man $CLVS when?
12:55 pm Mathew Waterfall : $XOM looking sickly here. Still in the channel I have drawn in, would touch bottom of said cahnnel at 89.8
12:56 pm Mathew Waterfall : And now making lows lol. This should be rallying with oil and the overall market, I guess people are spooked by recent tillerson news or something
12:57 pm Curtis M : I think the market is off in a number of ways – just my opinion thos
12:57 pm Mathew Waterfall : Some weird divergences that don’t make sense to me here. Another reason I’m not in a rush to trade today
01:00 pm Mathew Waterfall : $MNKD gettin frisky
01:00 pm Mathew Waterfall : Trimming some of my position
01:10 pm Curtis M : $CLVS PT Stifel raise to 52
01:14 pm Curtis M : $CLVS 1:20 EST estimate for open
01:23 pm Dani M : $TAC halted news
01:32 pm Mathew Waterfall : $IWM trying. Higher high would confirm. Failure of that not pretty IMO
01:37 pm Carol B : Looking at $CLVS here
01:43 pm Mathew Waterfall : $IWM loses 136.81 and I’m out small call position. It will be for a small loss but price action isn’t great. Will come back to it later
01:48 pm Carol B : Long $DUST for a start
01:51 pm Slav O : $MNKD HOD
01:52 pm Mathew Waterfall : $CLF eyes on long term fib at 8.61. Liking jan calls there if it gets there. Currently showing some small signs of life
01:55 pm Mathew Waterfall : Legging in. First rounf $CLF jan13 10c’s @.24. These are buy and forget just like 11’s I am already holding
02:00 pm Curtis M : Grabbing coffee back in 10
02:18 pm John M : I think i fell asleep
02:18 pm Curtis M : $STUDY
02:21 pm Curtis M : Buy Christmas presents 🙂
02:28 pm Mathew Waterfall : Thanks for reminding me. I’m now scanning amazon for something last minute for the lady lol
02:29 pm Curtis M : ha
02:29 pm Drew M : Terrorist attacks seem to be up.
02:30 pm Curtis M : oh my ya true
02:44 pm Mathew Waterfall : Only thing I’m really watching now is $CLF for another possible add at 8.65-8.61. Would like to see how it handles the close so not in a big hurry.
02:45 pm Dani M : $ENPH alive
02:58 pm Darnel T : $MNKD strong afternoon
03:02 pm Drew M : Done for day!
03:13 pm Mathew Waterfall : Quiet day for me as well. Don’t expect any more trades into the close, and realy don’t feel rushed to put many trades on before the end of the year. Hoping to keep melting up a bit here but I’m pretty small overall
03:13 pm Mathew Waterfall : It’s easy to get chopped up in sideways markets especially trading options
03:14 pm Curtis M : Yep I’m just doing paperwork
03:14 pm Michael P : Cya guys!
03:24 pm Mathew Waterfall : $SPY bounce into the close? Any guesses?
03:25 pm Mathew Waterfall : 225.45 is my no position guess
03:39 pm Mathew Waterfall : Damn $SGY! Didn’t they go BK a while back? Just noticed that one on the watch list
03:39 pm Curtis M : lol i think so
03:49 pm MarketMaven M : See ya all tomorrow!!!
03:49 pm Jack D : catcha
04:00 pm Curtis M : Well have a great night folks I’m gonna shut er down and go decorate a tree lol – best!

You can follow along with public calls our algorithms post on Twitter here:

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

Article Topics: $TNXP, $XGTI, $SGY, $GSAT, 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 $GDXJ $NUGT $DUST $JNUG $JDST $GC_F $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP $SPY S&P 500