The MTG Stalk Sheet presents you with the best individual stocks that Morpheus Trading Group is stalking for potential trade entry each day, all in a concise and easy to understand format. Please be sure to read the MTG Stalk Sheet User Guide in order to understand the terminology below and to receive the maximum benefit from your subscription. Enjoy!


"FULL-SERVE" STALK LIST

Broad market averages are back in distribution mode after a short lived bounce from oversold conditions. Yesterday's selling was very intense, as nearly 1/3 of our tradeable list of stocks were down 5% or more. New stocks will eventually step up to lead this market higher, but for now it looks as if the market may need a few more weeks of corrective action before it is ready to stage a meaningful rally. If anything catches our eye while scanning intraday, we will promptly send an alert.

LONG WATCHLIST AND TRIGGER PRICES - (changes to trigger prices are highlighted in red)

Pullback entries - (2-5 day pullback in a strong uptrend or pullback to the 20 & 50-day MA's)


- New setups



- Previous setups



- Triggered


• NKTR - 11.60 (triggered 2/2)
• CELG - 57.61 (breakout above hourly downtrend line)(triggered 2/2)
• SEED - 11.76 (pullback to 50-day MA)(triggered 2/2)
• ISRG - 332.00 (undercut gap up bar, ready to push higher w/ help from market)(triggered 2/2)
• MMR - 15.81 (breakout above tight trading range)(triggered 2/2)
• GMCR - 85.20 (false triggered on the open yesterday, as the price action could not hold above 85.00)
• GILD - buy pullback to 46.75 - 47.00 (triggered 2/4)


Breakout entries - (from cup and handles, bull flags, flat bases, and downtrends)


- New setups



- Previous setups



- Triggered


• PRX - 26.78 - (downtrend line breakout)(triggered 2/2)
  
  SHORT WATCHLIST AND TRIGGER PRICES
  
  - New setups
  
  
  
  - Previous setups
  
  
  
  - Triggered
  
• WYNN - 62.99 (triggered 2/4)
  

Open positions (coming into today):


(flat)


Closed positions (since last report):


GMCR long (50 shares from Jan. 29) -
bought 85.01, sold 84.35, points = (0.66), net P/L = ($34)

CRM long (150 shares from Feb. 3) -
bought 65.72, sold 64.32, points = (1.40), net P/L = ($213)

MMR long (300 shares from Feb. 2) -
bought 16.08, sold 15.17, points = (0.91), net P/L = ($279)


Current equity exposure ($200,000 max. buying power):


$0


Notes:


• Per intraday alert, we raised the stop in CRM and GMCR to limit losses.
• MMR stop triggered.
• Be sure to check for earnings before making any trades over the next few weeks.


Market Conditions / Gameplan:

Markets are in distribution mode after a short lived rally.



Market Leaders:

Monitoring the price action of leading stocks is the best way to gauge the health of the market (when the market is trending higher). Keep a watchlist of these symbols up at all times and review the price action every night after the close. This list of leaders is updated every Monday.


Current / Potential Leadership



GILD GENZ UTHR MNKD NKTR JAZZ MMR TRGL TII ALGN




Open Position Detail:


• Flat
  
  
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Edited by Deron Wagner,
MTG Founder and Head Trader



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DISCLAIMER: There is a risk for substantial losses trading securities and commodities. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. The Company and/or its affiliates, officers, directors and employees may or may not buy, sell or have a position in the securities discussed in The MTG Stalk Sheet and may profit in the event the shares of the companies discussed in The MTG Stalk Sheet rise or fall in value. Morpheus Trading, LLC (hereinafter "The Company") is not a licensed broker, broker-dealer, market maker, investment banker, investment advisor, analyst or underwriter. This discussion contains forward-looking statements that involve risks and uncertainties. A stock's actual results could differ materially from descriptions given. The companies discussed in this report have not approved any statements made by The Company. Please consult a broker or financial planner before purchasing or selling any securities discussed in The MTG Stalk Sheet. The Company has not been compensated by any of the companies listed herein, or by their affiliates, agents, officers or employees for the preparation and distribution of any materials in The MTG Stalk Sheet. Past performance never guarantees future results.

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