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
We are beginning to see a few pullback candidates emerge from our scans and expect to see more as the market consolidates. We are in no rush to load up on positions, as we are patiently waiting for solid entry points from stocks in leading industry groups. We should see a health mix of pullback and breakout entries emerge during the next week or two. If anything catches our eye intraday while scanning, we will promptly send an 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 pullback in a strong uptrend or pullbacks to the 20 & 50-day MA's)
Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)
New setups
-------------------------------------
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):
(flat)
Closed positions (since last report):
(none)
Current equity exposure ($200,000 max. buying power):
$0
Notes:
Market Conditions / Gameplan:
Market Leaders:
Monitoring the price action of leading stocks is the best way to gauge the health of the market (when the market is trending higher). Keep a watchlist of these symbols up at all times and review the price action every night after the close. This list of leaders is updated every Monday.
Leaders -
AKS
ANR
APA
CF
CLF
CLR
CMP
CSX
DVN
EOG
FDG
FSLR
HAL
HP
ISRG
LNN
MOS
MTL
POT
RRC
SID
SQM
STLD
SWN
USO
X
XEC
Strong stocks at/near the 50-day MA (a key institutional support level) -
DBA, ILMN, PAAS, WDC, FXY,
Leading stocks breaking the 50-day (last week) - ISRG
Notes on leaders: