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 ahead of today's Fed meeting. With only one open position we are in good shape to go with the flow in whatever direction the market takes over the next few days. 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 -
New setups
------------------
Breakout entries -
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):
ONXX long (125 shares from Jan. 25) -
Closed positions (since last report):
bought 48.35, stop 47.49,
target new highs, unrealized points = + 0.17, unrealized P/L = + $20
ABX long (150 shares from Jan. 22) -
Current equity exposure ($200,000 max. buying power):
bought 48.04, sold 53.24,
points = + 4.89, net P/L = + $731
$6,065
Notes:
Market Conditions / Gameplan:
Market indices look ready to take out Friday's high. If so, it would be the first sign of a trend reversal with a higher low and higher high in place on the hourly charts. Any significant bounce in the market should provide us with decent shorting opportunities.
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: