Compound Trading Chat Room Stock Trading Plan and Watch list for Thursday June 15, 2017; $IDXG, $SKLN, $MTBC, $HTGM, $XOM, $CALA, $JDST, $DSLV, $DUST – $UUP, $SSH, $LGCY, $TRCH, $ESEA, $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:

On 15 Jun 2017, at 09:36, <[email protected]> <[email protected]> wrote:

Tech issues with travel and status of trading room, oil room, alerts and reporting.

Please take a couple of minutes and read the quick memo below outlining tech challenges and status.

https://twitter.com/CompoundTrading/status/875253227272507392

Today’s Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Oil, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to [email protected] and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it.

Post Market Reports:

On hold until this weekend (see tech issues memo above).

Most recent lead trader blog posts:

Trading Set-ups. Video Explains Predictable Winning Process. Part 6 b) “Freedom Traders” Series.

Trading Set-ups. Video Explains Predictable Winning Process. Part 6 b) “Freedom Traders” Series. https://t.co/7XFIQ68CoY

— Melonopoly (@curtmelonopoly) May 29, 2017

https://twitter.com/CompoundTrading/status/846494014635429888

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

https://twitter.com/CompoundTrading/status/841078264537993218

Trading Plan (Buy, Hold, Sell) and Watch Lists:

Morning momentum stocks on watch so far:  $IDXG, $SKLN, $MTBC, $HTGM

Bias toward / on watch:  Metals pressure continues

Markets: POST FOMC. $SPY $ES_F $SPX I continue to be cautiously optimistic, $GLD, $GDX, $SLV coming off a bit post FOMC (to be expected). $USOIL, $WTI continues under pressure. $DXY some lift this morning and $VIX at 11.8 has some lift but no significant news. I am long a small test size in US Dollar related $UUP.

OTC on watch: 

Gaps to Watch: $IDXG $SKLN $MTBC $HTGM

Recent Momentum Stocks to Watch:

Stocks with News: $SELB, $SKLN, $XGTI, $SCYX

Recent SEC Filings to Watch:

Short Term Trader’s Edge: $XOM upside seems probable, $CALA long

Some Earnings Today:

Holds: $UUP test starter swing. All holds are small size (less than 5% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (not including my swing trading or algorithm charting trades).

Recent Chart Set-ups on Watch:  We are working on these (if listed) 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 You Tube of each trading day.

$SKLN premarket up 26% trading 2.06 on news.

Market Outlook:

BTC/USD ETH/USD USD

Futures point to opening losses https://seekingalpha.com/news/3273639-futures-point-opening-losses?source=feed_f … #premarket $SPY $QQQ $DIA $SH

BTC/USD ETH/USD USD pic.twitter.com/mhnsAv09Fc

— Melonopoly (@curtmelonopoly) June 15, 2017

Market News and Social Bits From Around the Internet:

8:30
-Jobless Claims
-Philly Fed Outlook
-Empire State Mfg Survey

9:15
Indus Production

9:45
Consumer Comfort Index

10am
Housing Market Index

10:30am
NatGas #

4pm
Treasury Capital

4:30pm
-Money Supply
-Fed Balance Sheet

T-Bonds DSI 74%. Last time it was >=74 was Jul 29, 2016, when 10YT yld 1.46% and TLT 138.50. Great short TLT opp here. Peak in #Gold too btw

https://twitter.com/GlobalProTrader/status/875185490298896385

Alphabet Class A (GOOGL) downgraded to hold from buy, price target remains $1,000: Canaccord

$SELB reports Data from Ongoing Phase 2 Trial of SEL-212, in Development for Chronic Severe Gout
http://www.marketwatch.com/story/selecta-biosciences-reports-data-from-ongoing-phase-2-trial-of-lead-candidate-sel-212-in-development-for-chronic-severe-gout-2017-06-15 …

Fiat Chrysler to recall 292K minivans in North America due to airbag issue https://seekingalpha.com/news/3273642-fiat-chrysler-recall-292k-minivans-north-america-due-airbag-issue?source=feed_f … #premarket $FCAU

TUDOR INVEST. CORP increases interest in $INNL

$SRNE SAYS #DISMISSAL OF ALL CLAIMS AGAINST SORRENTO AND ITS DIRECTORS CONTAINED IN #LAWSUITS BROUGHT BY WILDCAT LIQUID ALPHA, LLC

$INO fully enrolls second Phase 1 Trial for Zika Vaccine

ProQR presents R&D day highlights progress and introduces Axiomer, a novel proprietary RNA techn… https://seekingalpha.com/news/3273662-proqr-presents-r-and-d-day-highlights-progress-introduces-axiomer-novel-proprietary-rna?source=feed_f … #premarket $PRQR

$XGTI xG Technology Awarded New Interference Mitigation Patent for Enhancing Wireless Communications

$EKSO Announces Centers of Robotic Excellence Collaborating with Rehabilitation Facilities for Mobility Impaired http://ir.eksobionics.com/press-releases/detail/617/ekso-bionics-announces-centers-of-robotic-

$SCYX New Study Further Demonstrates In Vitro Activity SCY-078, Against Drug-Resistant Candida Fungal Strains

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).

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 : $IDXG, $HTGM, $ROX $TVIX $UVXY $PSDV $CTIC $ATNM $YTRA $VXX $JDST $LABD $SQQQ $TZA $DUST $QID $CNHI $TEVA I will update before market open or refer to chat room notices.

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

(6) Recent 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

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.

Article Topics:  $IDXG, $SKLN, $MTBC, $HTGM, $XOM, $CALA – $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