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 lower as trade surged. All five major indices closed in the red with the small-cap Russell 2000 leading the decline. By the closing bell the Russell had shed 1.6% and is now in danger of losing a critical support at 811. The Nasdaq shed 0.7%, while the S&P MidCap 400 slid […]
Stocks ended the session mixed, as large cap issues outperformed. The Nasdaq set a fresh 52-week closing high on Tuesday as it tacked on 0.7%. The S&P 500 posted a 0.3% gain, while the DJIA eked out a 0.2% advance. The small-cap Russell 2000 and the S&P MidCap 400 were the day’s laggards as they […]
For detailed entry and exit points of the stocks discussed in the video, become a subscriber of The Wagner Daily newsletter at MorpheusTrading.com.
Recently, we bought Netsuite ($N) as a swing trade in The Wagner Daily newsletter. Below is a chart that shows the “cup and handle” setup of the stock before our entry point: On February 23, we sent out an intraday alert to subscribers of The Wagner Daily, notifying them we were establishing a long position in […]
Introduction Although our basic stock trading methodology is based on trend following, there are certain types of technical chart patterns we also trade. Of these, the head and shoulders is one of the most reliable and profitable types of technical trade setups. In this article, we will discuss how to identify the chart pattern and […]
Stocks recovered from early session losses to end mixed on Monday. The Dow Jones Industrial Average closed fractionally lower, while both the S&P MidCap 400 and small-cap Russell 2000 ended the session flat. Both the Nasdaq and S&P 500 eked out 0.1% gains. The homebuilder, banking and transportation sectors showed strength on Monday, while the […]
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 meandered on Friday to end the session mixed. The session began on a positive note as stocks rallied but the afternoon session brought with it selling pressure and, for the most part, the day ended about flat. The small-cap Russell 2000 cooled off following Thursday’s big advance and ended the session down 0.3%. The […]
For detailed entry and exit points of the stocks discussed in the video, become a subscriber of The Wagner Daily newsletter at MorpheusTrading.com.
