The September sell-off that has gripped stocks has begun showing encouraging signs of improvement. Here is our “no nonsense” technical analysis of the current market, as well as a few top stocks to put on your watchlist. Yesterday’s (September 21) bullish reversal action on the daily chart of the NASDAQ Composite was an encouraging sign […]
Category: trading education articles
As stocks began plunging sharply last week, our rule-based market timing system enabled us to quickly lock in gains and minimize losses when the current correction began. Here’s a look at how we did it and the end result of our positions. In a raging bull market like we’ve seen over the past few months, […]
The Electric Vehicle sector has been surging higher, pushing Chinese EV manufacturer Nio ($NIO) to a +40% gain this week alone. Here’s how we found this hot stock–before its recent breakout to new highs. In late 2018, a Chinese electric auto manufacturer named Nio ($NIO) launched an IPO in the US stock market. The initial […]
Scaling out of a winning stock trade can lead to greater profits, while minimizing risk. Here’s an insightful walk-through of how we bought and sold Tesla stock for bigger gains with multiple exit points. Back in May, well before Tesla’s parabolic moonshot, we posted that we were buying $TSLA based on the formation of a […]
Scaling out of a winning trade is an excellent way to maximize profit, while minimizing risk. Here’s how we entered $FSLY and scored an average gain of +51% over a five-week period—despite selling partial shares too soon. In early April, $FSLY gapped above months of horizontal price resistance and closed with a whopping 45% gain. […]
It’s easy to feel you’ve “missed out” when a hot stock breaks out without you in it, but the next low-risk buying opportunity is often just around the corner. Here’s how we entered $LVGO and rode it to a +70% gain—despite missing the initial breakout. After the broad market formed a bottom in mid-March, Livongo […]
Tesla got investors pumped when shares recently broke out above $1,000, while we’re still holding $TSLA from the $800 level. Here is an educational recap of the original Tesla trade setup, and an update on how we have been managing the winning trade. In our May 6 blog post, Trade Alert: $TSLA Breakout From Cup […]
When top stocks are too extended for low-risk entry, a stellar pullback buying opportunity may be just around the corner. Here’s a simple way to know when to buy a pullback, along with three hot stocks to put on your pullback watchlist now. Why pullbacks are prosperous During any significant market rally, the first stocks […]
Massive home shopping demand rocketed Amazon shares to new highs during the coronavirus lockdown, but recent bullish price action hint at even more monster gains ahead. Here’s why… It has been an interesting year for Amazon ($AMZN), the mega household name with humble beginnings as an online book store just twenty-five years ago. Fueled by […]
The Morpheus swing trading strategy is primarily focused on buying breakouts of growth stocks with a history of strong earnings growth. But if you’ve been following our blog any time since 2004, you may also know that we occasionally also trade ETFs with convincing chart patterns. SPDR Gold ETF ($GLD) is one such ETF to […]
