The MTG Stalk Sheet
February 15, 2008
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 today. We still have an open buy order for BRMN from yesterday's intraday e-mail alert (see notes section below). We shorted WB yesterday to hedge some of our long exposure. If any new trades are placed we will promptly send an email alert.
"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 - (changes to trigger prices are highlighted in red)
Pullback entries -
New setups
- ELN - 25.62
---------------------------------------
- HES - 93.70
- ALNY - 33.70 (triggered 2/12)
- SNA - 50.35 (triggered 2/12)
- SID - 33.33 (triggered 2/12)
- LULU - 35.15 (triggered 2/12)
- CHNR - 24.00 (triggered 2/12)
- CENX - 55.30 (triggered 2/12)
- SPW - 105.15 (triggered 2/12)
- TEVA - 47.01 (gapped open above trigger 2/11)
- ACI - 51.01 (triggered 2/13)
- CRM - 54.76 (triggered 2/13)
- OXY - 70.15 (triggered 2/13)
- SLG - 88.11 (triggered 2/13)
- AVB - 94.51 (triggered 2/13)
- VNO - 88.20 (triggered 2/13)
- MTL - 108.26 (triggered 2/14)
Breakout entries -
- BMRN - 41.15
- AKS - 48.88
- FLIR - 33.66
- CALM - 30.51
- POT - 152.01 (over 2/13 high) & (early entry triggered 2/14 at 149.26)
- QMAR - 24.88 (gapped open above trigger 2/14)
- ISRG - 305.00 (triggered 2/13)
- CNX - 78.30 (triggered 2/11)
- MTL - 101.45 (gapped open above trigger 2/11)
- OI - 53.80 (triggered 2/11)
- BUCY - 97.88 (triggered 2/12)
- CF - 112.51 (triggered 2/12)
- UA - 46.11 (triggered 2/13)
- CHRW - 55.51 (triggered 2/13)
- ALNY - 34.70 (triggered 2/14)
SHORT WATCHLIST AND TRIGGER
PRICES
New setups
- SNDK - 25.69
- PPC - 23.84
- TPX - 17.37
---------------------------------------
- MNT - 30.73
- WEN - 22.19
- SBUX - 17.84
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):
AKS long (150 shares from Feb. 8) -
bought 45.12, stop 42.69,
target (breakout above 49.00), unrealized points = + 2.15, unrealized P/L = + $321
OI long (175 shares from Feb. 11) -
bought 54.18, stop 52.36,
target new highs, unrealized points = + 1.12, unrealized P/L = + $194
WB short (225 shares from Feb. 14) -
sold short 33.65, stop 35.31,
target new highs, unrealized points = (0.01), unrealized P/L = ($4)
VNO long (100 shares from Feb. 13) -
bought 88.26, stop 85.41,
target new highs, unrealized points = (1.60), unrealized P/L = ($201)
Closed positions (since last report):
Current equity exposure ($200,000 max. buying power):
Notes:
- Per intraday e-mail alert, we still have a open buy oder for BMRN.
- Buy 200 shares of BMRN at 41.15, stop 39.49.
- Per intraday e-mail alert, we shorted WB on a potential breakdown of an inverted head and shoulders pattern. While it did not break the range, WB consolidated in bearish fashion at the lows of the session the entire afternoon.
- Markets are closed this Monday, February 18, for President's Day. The MTG Stalk Sheet will not be published on Feb. 18, but regular publication will resume the following day
Market Conditions / Gameplan:
Fot his market to get healthy we need to start seeing stocks breaking out to new highs on big volume over the next two weeks.
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 - ACI, AEM, AUXL, BVN, CLF, CNX, DBA, DBC, FCL, MA, MEE, OI, PBR, PRGO, RRRC, SID, SLV, SPW, WLT,
Leaders at/near the 50-day MA (a key institutional support level) - ADM, AGP, PA, BLK, HES, ISRG, LUK, MA, SPW, TEVA
Leading stocks breaking the 50-day MA (last week) - APOL, BG, HUM
Notes on leaders:
We are seeing more bullish setups emerge in the market.
Open Position Detail:
- AKS - Held up well versus yesterdays selloff. No change in stop.
- OI - Bounced off the lows and traded in a range all day with good relative strength. No change in stop.
- VNO - Is unable to hold above 88. We are sticking to our plan here. No change in stop.
- WB - We are looking for some follow through to the downside today, resulting in the break of the tight range at the lows.
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
All Rights Reserved
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