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
It was a busy day yesterday, as stocks were on the move. We established four new long positions and added to UTHR, so we are in good shape if the market continues to push higher. There are no news setups today. 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)
New setups
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Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)
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):
EXM long (200 shares from May 12) -
Closed positions (since last report):
bought 46.41, stop 44.45,
target 54.40, unrealized points = + 4.00, unrealized P/L = + $820
UTHR long (175 shares from May 2) -
bought 90.86(avg), stop 75 at 89.85 & 100 at 87.85,
target 99.50, unrealized points = + 2.15, unrealized P/L = + $375
V long (100 shares from May 12) -
bought 79.01, stop 75.85,
target new highs, unrealized points = + 2.89, unrealized P/L = + $288
BMRN long (225 shares from May 9) -
bought 38.23, stop 36.65,
target new highs, unrealized points = + 1.16, unrealized P/L = + $259
POT long (75 shares from May 12) -
bought 201.05, stop 196.95,
target new highs, unrealized points = (0.36), unrealized P/L = ($28)
ISRG short (40 shares from May 2) -
sold short 289.60, stop 299.30,
target 252.00, unrealized points = (1.64), unrealized P/L = ($66)
SOL long (200 shares from May 12) -
bought 19.21, stop 16.85,
target new highs, unrealized points = (0.38), unrealized P/L = ($78)
SOL long (50 shares from May 12) -
Current equity exposure ($200,000 max. buying power):
bought 19.21, sold 19.11,
points = (0.10), net P/L = ($6)
$73,901
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
BUCY
CF
CLF
CLR
CMP
CSX
DVN
EOG
FDG
FSLR
HAL
HP
JRCC
LNN
MOS
MTL
POT
RRC
SID
SQM
STLD
SWN
USO
UNP
X
XEC
Leading/strong stocks at/near the 50-day MA (a key institutional support level) - CMP, STLD, PCU, MDR, SYT, CELG
Leading/strong stocks breaking the 50-day (last week) - PRGO, ITRI
Notes on leaders: