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 pre-market, as the futures are trading down close to 1% this morning. Our only open position is WB short. We sold or stopped out of our long positions yesterday afternoon due to the weak closing action. If anything catches our eye intraday while scanning, 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.)
Pullback entries - (2-5 day pullbacks)
Breakout entries (trigger over a range of tight action)
New setups
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SHORT WATCHLIST AND TRIGGER
PRICES
New setups
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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):
WB short (225 shares from Feb. 14) -
Closed positions (since last report):
sold short 33.65, stop 34.71,
target new highs, unrealized points = (0.14), unrealized P/L = ($34)
AKS long (150 shares from Feb. 8) -
Current equity exposure ($200,000 max. buying power):
bought 45.12, sold 48.40,
points = + 3.28, net P/L = + $489
OI long (175 shares from Feb. 11) -
bought 54.18, sold 54.74,
points = + 0.56, net P/L = + $95
PRGO long (325 shares from Feb. 19) -
bought 35.43, sold 35.20,
points = (0.23), net P/L = ($81)
$7,603
Notes:
Market Conditions / Gameplan:
Markets filled the gap yestrday, selling off heavily in the afternoon. On the long side natural gas, oil, gold, steel, and coal seem to be the safest bets. On the short side we are monitoring financials for another leg down.
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, BMRN, CF, CLF, CNX, DBA, DBC, DVN, EOG, FCL, FSLR, ISRG, MA, MEE, MOS, MTL, OI, PBR, POT, PRGO, RRRC, SID, SLV, SPW, WLT,
Leaders at/near the 50-day MA (a key institutional support level) - AG, AGU, ATW, FCL, FCX, FSLR, FWLT, HES, ISRG, MICC, NBL, OXY, PCU, RIO, VIP
Leading stocks breaking the 50-day MA (last week) - none
Notes on leaders: