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
There are no new setups for today (see the Gameplan section below). If anything catches our eye while scanning intraday, we will promptly send an e-mail alert.
"SELF-SERVE" STALK LIST - UPDATED EVERY MONDAY (Click here to view the "Self-Serve" Stalk List
section of the user guide.)
Pullback entries -
Breakout entries -
SHORT WATCHLIST AND TRIGGER
PRICES
New setups -
----------------------------
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. Net
P/L figures are based on the $100,000 Stalk
Sheet model account size. Changes to open positions since the previous
report are listed in red text below:
Open positions (coming into today):
JCI short (200 shares from Dec. 17) -
Closed positions (since last report):
sold short 35.82, stop 37.61,
target 33.26, unrealized points = + 0.32, unrealized P/L = + $62
ABX long (150 shares from Dec. 17) -
Current equity exposure ($200,000 max. buying power):
bought 38.18, sold 37.09,
points = (1.09), net P/L = ($166)
$7,164
Notes:
Market Conditions / Gameplan:
Nasdaq leaders took a beating yesterday. Stocks like BIDU, GOOG, and RIMM will need four to eight weeks of consolidation to build healthy bases. As we mentioned last week, the end of December is not the time to be trading with big size or many positions. There may be no catalyst to lift the market higher until Q1 earnings around mid to late January.
Market Leaders:
Monitoring the price action of leading stocks is the best way to gauge
the health of the market. This list of leaders is updated every Monday.
Open Position Detail:
Leaders - BMRN, MOS, HES, VIP, OSIP, APC, FSLR, STP, SPWR, DE, SIGM, MA, JEC, DO, ESRX, MON, MTL, DECK, RIG, UTHR, UPL
Notes on leaders:
Leaders at the 50-day MA (a key institutional support level) - AGU, GOOG, GME, VMW, AMZN, GRMN, CMI, CAM, CMED, BVN, LVS,
Leading stocks breaking the 50-day MA - NOK, SLB, CHL, MGM, RIO, FLR
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Please check out the MTG Stalk
Sheet Subscriber Guide to learn how to get the most from your
subscription.
Edited by Deron Wagner,
MTG Founder and Head
Trader
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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Morpheus Trading, LLC
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