Stocks recovered from a morning gap down to close lower but well off session lows, on light trade. Small cap stocks suffered the most yesterday as the Russell 2000 and the S&P MidCap 400 shed 1.0% and 0.7% respectively. The Dow Jones Industrial average lost just over 0.5% while the S&P 500 closed down by […]

For detailed entry and exit points of the stocks discussed in the video, become a subscriber of The Wagner Daily newsletter at MorpheusTrading.com.

Long-time followers of our trading strategy know we seek to buy stocks and ETFs with relative strength to the main stock market indexes when the broad market is in an uptrend. Two weeks ago, we detected relative strength and a solid consolidation pattern setting up in iShares Real Estate Index ETF ($IYR).  As such, we […]

For detailed entry and exit points of the stocks discussed in the video, become a subscriber of The Wagner Daily newsletter at MorpheusTrading.com.

Stocks closed higher on Monday, but faded into the close on lighter trade. The small-cap Russell 2000 finally set a new 52-week high, as it cleared resistance of the 833 level. By the closing bell, the Russell had tacked on 0.9%. The Nasdaq finished a close second, as it added 0.8%. The S&P 500 improved […]

For detailed entry and exit points of the stocks discussed in the video, become a subscriber of The Wagner Daily newsletter at MorpheusTrading.com.

Stocks ended the session mixed on heavy trade. The NYSE and S&P 500 posted modest gains of 0.3% and 0.1% respectively. The Nasdaq closed fractionally lower, while the Dow Jones Industrial Average, S&P MidCap 400 and small-cap Russell 200 all shed 0.1%. The airline, home builder and automotive sectors displayed relative weakness on Friday, while […]

Charles Kirk, founder of the popular KirkReport trading website, interviewed Deron Wagner, founder of Morpheus Trading Group, for an informative Q&A session. Following is the transcript of that interview, for your weekend reading pleasure.  🙂 Q&A With Deron Wagner Kirk:  Hi Deron. Welcome to the Q&A! We are excited to have you here so we can […]

For detailed entry and exit points of the stocks discussed in the video, become a subscriber of The Wagner Daily newsletter at MorpheusTrading.com

Stocks set new highs on Thursday but trade was mixed. As of yesterday, the small-cap Russell 2000 was still the only major index that had not set a fresh 52-week high. Still, the Russell led yesterday’s advance as it posted a 1.0% gain. The S&P MidCap 400 tacked on 0.9%, while the S&P 500, Nasdaq […]