Sleep Number ($SNBR) may soon be in play as an explosive breakout trade. Here’s why we like it… Bedding manufacturer Sleep Number ($SNBR) has formed a bullish basing pattern since stalling at $52 in late July. The pullback from its recent peak is 28% deep (less than 30% is healthy), as the stock found support […]
You’re not alone if you feel like you’re missing out on leading stocks rallying higher. Here’s a simple and low-risk way to buy the best stocks now.
The following blog post was originally published on May 1st, 2017. We periodically like to go back to older Morpheus Trading Group blog post and articles to revisit certain trade strategies for relevant tips and insights. In revisiting the following post, our goal is to shed light on great industry insights and improve upon any […]
Jack Loftis has been snagging an 80-90% win rate on his ETF and option swing trades in this volatile market. Continue reading to find out how. Note from Deron: Following is a new guest blog post from Jack Loftis I thought you might enjoy. Jack is the founder of ETFSwingTrader.net and my long-time trading friend. Enjoy! I’ve […]
Current stock market conditions are not yet ideal for leaning on the “buy button,” but here are three recent, high volume gap ups ready for pullback entry. Stocks that have gapped up on big volume are often the best stocks to buy. This is especially true when a stock gaps to a new, all-time high following a […]
Institutional funds have rotated into blue chip stocks over the past weeks, enabling the Dow Jones Industrials to outperform the other market indexes. Are traders and investors suddenly in love with old school, large cap companies like Coca Cola more than the tech darlings? No, this is merely sector rotation — a healthy and normal […]
When market conditions are solid, breakaway gap ups are a powerful buy signal that can produce gains of 40-100% in just two to three months of trading. Breakaway gaps have produced some of the biggest movers in our Wagner Daily model portfolio throughout the years. In 2017, we bought Applied Optoelectronics ($AAOI) after a breakaway […]
Last week, we officially launched our new cryptocurrency swing trading newsletter for Bitcoin technical analysis — CryptoPicks. Bitcoin ($BTC-USD) was trading just above 6,700 at that time (Aug. 27). It was also attempting to break out from a bullish consolidation pattern with higher lows. Due to the bullish price action, we listed $BTC-USD as a […]
Labor Day is time to celebrate your hard work and achievements of the past year. It’s also a fantastic reason to get together with your family and friends to enjoy burgers, hot dogs, beer, and other gluttonous goodies. For the next five days, I am honoring your labor of mastering the stock market with an […]
If you are interested in stock market seasonality, you may like to know how stocks have historically performed around the Labor Day holiday. Since we are technical swing traders who follow a disciplined, rule-based trading strategy, it frankly does not matter to us. Nevertheless, seasonal stock market trends make for interesting reading and trivia. CXO […]