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
Stock market futures are trading down anywhere from 0.5% to 1% pre-market. There are no new setups today. Our weekend scans did not turn up many quality patterns in either direction. We aren't looking to do too much ahead of Wednesday's Fed meeting. If anything catches our eye intraday while scanning, 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 -
****** We will update this list as setups develop
SHORT WATCHLIST AND TRIGGER
PRICES
Note - Be sure to check for earnings dates before entering setups from the self-serve list over the next few weeks.
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):
ABX long (150 shares from Jan. 22) -
Closed positions (since last report):
bought 48.04, stop 45.89,
target new highs, unrealized points = + 4.13, unrealized P/L = + $618
ONXX long (125 shares from Jan. 25) -
bought 48.35, stop 45.49,
target new highs, unrealized points = - 1.00, unrealized P/L = ($126)
DRYS long (150 shares from Jan. 24) -
Current equity exposure ($200,000 max. buying power):
bought 58.02, sold 60.35,
points = + 2.33, net P/L = + $347
$13,744
Notes:
Market Conditions / Gameplan:
Markets gapped up into downtrend line resistance and sold off the rest of the session on Friday. We look for a pullback to the 50%-61.8% retracement levels of the last wave up to provide support in all major indexes. Earnings season heats up this week, so we can expect additional volatility in the markets.
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.
Leaders - ABX, AEM, BMRN, BVN, DBC, GOLD, GG, GLD, ILMN, PPDI, SLV
Leaders at/near the 50-day MA (a key institutional support level) - HUM
Leading stocks breaking the 50-day MA (last week) - ESRX, IVGN, APOL
Notes on leaders: