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 - (Click here to view the "Full-Serve" Stalk List section of the user guide.)


 

NIHD - NII Holdings      

• Industry - Communications Services
• Side - long
• Shares -   250
• Stalking since - June 14 
• Timeframe - 5 to 20 days
• Trigger -  200 at 62.12 & 50 at 63.21
• Target - breakout (will trail stop)
• Stop -  200 at 60.59 & 50 at 61.69
• Notes -  
  • Broke above 50-day moving average in mid May and rallied over 12% on heavier than average volume.
  • Has been consolidating on lighter volume over the past week and a half.
  • We will buy the breakout of this short handle. Stop is fairly tight, with just a little wiggle room to protect against a false breakout.

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IVGN - Invitrogen Corporation      

• Industry - Biotechnology & Drugs
• Side - long
• Shares -   150
• Stalking since - June 13 
• Timeframe - 5 to 20 days
• Trigger -  100 at 81.34 & 50 at 82.11
• Target - breakout (will trail stop)
• Stop -  50 at 80.25 & 50 at 78.49, for 50 shares added stop 80.69
• Notes -  
  • IVGN is trading in a tight range just above the 20-day moving average.
  • Broke above the weekly downtrend line in mid May.
  • We are buying the breakout of the flat consolidation. Our stop is just below the breakout for half of the position, and the remaining half will be stopped out below the lows of the range.

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MRVL - Marvell Technology      

• Industry - Semniconductor
• Side - long
• Shares -   250
• Stalking since - June 10 
• Timeframe - 5 to 20 days
• Trigger -  200 at 41.08 & 50 at 42.11
• Target - breakout (will trail stop)
• Stop -  200 at 39.85 & 40.94
• Notes -  
  • This is the first correction in MRVL since it broke out to new highs in May.
  • The pullback has been very orderly. (downward sloping, tight price action, lighter volume)
  • The 20-day moving average is just below and should provide support.
  • We are buying the breakout of the downtrend line of the correction. Our stop is just below the breakout (allowing some room for intraday volatility), as we do not want to see the price return back below the trendline.

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MBT - Mobile TeleSystems      

• Industry - Communications Services
• Side - short
• Shares -   250
• Stalking since - June 8 
• Timeframe - 3 to 15 days
• Trigger -  31.29
• Target - break beneath May low, then trail a stop.
• Stop -  32.45
• Notes -  
  • MBT sold off on heavy volume as it failed to hold above the 50-day & 200 day moving averages in late May.
  • Has been consolidating near the lows over the past two sessions, unable to bounce.
  • Once MBT trades beneath the swing low of May, we will trail a tight stop to protect profits.

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"SELF-SERVE" STALK LIST - UPDATED EVERY MONDAY (Click here to view the "Self-Serve" Stalk List section of the user guide.)

LONG WATCHLIST AND TRIGGER PRICES


• AFFX - 52.51
• MTH - 77.62
• SPF - 84.13
• MRVL - 41.08
• NVDA - 28.66
• CTSH - 48.35
• IVGN - 81.34
• WOOF - 25.36
• MIL - 52.94
• RRGB - 56.59
• LRCX - 31.91
• WTW - 48.92
• SBAC - 11.25
• SLH - 17.22
• HW - 35.43
• ASH - 69.48
  
  SHORT WATCHLIST AND TRIGGER PRICES
  
  
• MBT - 31.29
• PDCO - 45.89
• DWA - 28.15
• STRA - 83.74
• FMD - 36.86
• RAH - 37.89
  

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Daily Stalk Summary

Below is an overview of all "full-serve" open positions, as well as a performance report on all "full-serve" positions that were closed only since the previous day's newsletter .  Changes to open positions since the previous report are listed in red text below:

Open Positions

AHM long 200 shares (from June 2)-
bought 34.55 (avg), stop 34.49, target breakout (will trail stop), unrealized points = + 1.72, unrealized P/L =   + $342   

HTRN long 300 shares (from June 7)-
bought 13.52 (avg), stop 12.89 (full position), target breakout (will trail stop), unrealized points = + 0.21, unrealized P/L =   + $60   

SIRF long 250 shares (from June 10)-
bought 16.52, stop 15.94, target (breakout will trail stop), unrealized points = (0.14), unrealized P/L =   ($38)   

Closed Positions

IRIS  long 250 shares (from May 31)-
bought  18.21, sold 17.11, points =  (1.10), net P/L =   ($280)   

Notes

• Open buy orders: (Stops listed below apply to shares added)
  
  
  • Buy 100 shares of SIRF at 17.11, stop 16.15
  • Buy 50 shares of HTRN at 14.06, stop 13.19

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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