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
The goal of the Stalk Sheet is to make money when the market is worth trading (either up or down), and protect our capital when the potential for return no longer justifies the risk. Most longs that triggered off our watchlists yesterday lacked conviction, chopping around all session on light volume. There are no new setups for today. If anything catches our eye while scanning intraday, we will promptly send an email alert.
NOTE: The U.S. equities markets will close at 1:00 pm ET on Monday, December 24, and will be closed the full day on Tuesday, December 25. The MTG Stalk Sheet will not be published on December 25, but regular publication will resume the following day.
"SELF-SERVE" STALK LIST - UPDATED EVERY MONDAY (Click here to view the "Self-Serve" Stalk List
section of the user guide.)
Pullback entries -
New setups -
--------------------------------
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):
flat
Closed positions (since last report):
(none)
Current equity exposure ($200,000 max. buying power):
$0
Notes:
Market Conditions / Gameplan:
Not much momentum came into the market following Tuesday's reversal price action. We could see the market drift higher through the end of the week, but there isn't much action on the long side that we want to be a part of. We are in capital preservation mode.
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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