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 in the pre-market, as we want to see how the market opens from Friday's sharp reversal. We are monitoring the updated watchlists for possible new entries to the long side. If anything catches our eye intraday 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 - (2-5 day pullbacks)
Breakout entries (trigger over a range of tight action)
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):
CG short (175 shares from Feb. 22) -
Closed positions (since last report):
sold short 74.47, stop 77.01,
target 69.25, unrealized points = (0.13), unrealized P/L = ($26)
MA short (100 shares from Feb. 22) -
sold short 200.46, stop 205.78,
target 175.25, unrealized points = (3.02), unrealized P/L = ($304)
BGC short (150 shares from Feb. 22) -
sold short 60.85, stop 63.45,
target 50.50, unrealized points = (1.50), unrealized P/L = ($306)
CSX long (200 shares from Feb. 20) -
Current equity exposure ($200,000 max. buying power):
bought 50.85, sold 50.49,
points = (0.36), net P/L = ($76)
ADM long (300 shares from Feb. 21) -
bought 46.08, sold 44.96(avg),
points = (1.12), net P/L = ($342)
$42,834
Notes:
Market Conditions / Gameplan:
A sharp reversal in the market during the last hour of trading may have prevented another leg of selling. We will look to establish some longs to balance out our positions.
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. Extrmemly choppy conditions still exit.
Leaders - ACI, AEM, ANR, AUXL, BVN, BMRN, CF, CLF, CHK, CNX, DBA, DBC, DVN, EOG, FCL, FSLR, GOLD, IGT, ISRG, MA, MEE, MOS, MTL, OI, PBR, POT, PRGO, RRC, SID, SLV, SPW, USO, WLT
Leaders at/near the 50-day MA (a key institutional support level) - AG, BMRN, DE, HES, MA, OXY, PRGO
Leading stocks breaking the 50-day MA (last week) - FLIR, FSLR, ISRG
Notes on leaders: