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 premarket. However, we are monitoring possible long entries in oil, biotechs, steel, and chemicals. We will promptly send an email alert if any new trades are made.
"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)
New setups
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Breakout entries (typically trigger over a tight trading range)
New setups
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SHORT WATCHLIST AND TRIGGER
PRICES
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):
JRJC long (200 shares from March 3) -
Closed positions (since last report):
bought 19.98, stop 18.24,
target 25.80, unrealized points = + 0.12, unrealized P/L = + $20
CG short (175 shares from Feb. 22) -
sold short 74.47, stop 77.01,
target 69.25, unrealized points = (0.42), unrealized P/L = ($77)
NIHD short (200 shares from March 4) -
sold short 39.05, stop 41.01,
target 34.25, unrealized points = (0.91), unrealized P/L = ($186)
(none)
Current equity exposure ($200,000 max. buying power):
$25,118
Notes:
Market Conditions / Gameplan:
The S&P 500 appears to be forming a trading range from 1,316 to 1,396 on the daily chart. If the lows of the range hold, then we could see a test of the highs of the range to follow.
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: