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 will be looking to get active on the short side with any bounce in the market. We are monitoring the short watchlist, as well as scanning intraday action for possible new setups. We will send an email alert if anything catches our eye.
"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 (typically trigger over a tight trading range)
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):
GOLD long (200 shares from Feb. 26) -
Closed positions (since last report):
bought 49.79, stop 47.94,
target new highs, unrealized points = + 1.85, unrealized P/L = + $366
CG short (175 shares from Feb. 22) -
sold short 74.47, stop 77.01,
target 69.25, unrealized points = (0.82), unrealized P/L = ($147)
(none)
Current equity exposure ($200,000 max. buying power):
$23,504
Notes:
Market Conditions / Gameplan:
Friday's large selloff should spark the next wave of selling in the market. We expect a test of the lows of January to come pretty soon. We will be looking to establish short positions on any bounce in setups we are monitoring.
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, ANR, BVN, BMRN, CF, CLF, CHK, CNX, DBA, DBC, DVN, EOG, FCL, GOLD, IGT, 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, MON, HES, VAR
Leading stocks breaking the 50-day MA (last week) - CMED
Notes on leaders: