Equities closed mixed on Friday on light trade. High beta stocks showed the most relative strength as the small-cap Russell 2000, S&P MidCap 400 and Nasdaq managed gains of 0.7%, 0.5% and 0.4% respectively. The S&P 500 finished 0.2% lower, while the Dow Jones Industrial Average closed down 0.6%, near session lows. Gold, real estate, […]
On January 25, 2012, we presented a live trading webinar that we recorded, and the video recording of that event is now available below. The following comment from one of our attendees, originally posted as a comment in the post for the webinar invitation, summarizes the event: Every webinar I’ve watched from Morpheus is worth […]
When to take profits on a winner is probably the most difficult aspect of trading….. however, it’s a good problem to have! As short to intermediate-term swing traders, we prefer to hold positions anywhere from 5 to 15 days. Over the years we have found that most quality breakout or pullback entries can easily run […]
One of the most frequently asked questions we get from subscribers is how we go about determining stop loss and target prices on each day’s stock and ETF trade setups in our short-term ETF and stock trading newsletter. In addition to volume, trendlines, and support/resistance levels, one of the technical analysis indicator we sometimes use […]
Here is a quick review of a recent breakout trade in Sturm Ruger (RGR), which we recently bought and sold in the MTG Stalk Sheet ETF and stock newsletter. The entry point is detailed on the chart below: Prior to our entry, RGR was consolidating in a tight range above the 20-day EMA, with the […]
Yesterday, we were unable to post our daily U.S. Stock Pick video to the blog before the market opened. However, the video was already on our YouTube channel several hours before the open. As such, we just wanted to let you know that if you are ever expecting a particular video from us, but don’t […]
$HMSY is pulling back in orderly fashion to the 20-day EMA. Patience is key here, as we wait for a low risk buy entry to develop.
Here is a review of a recent long entry into Nuance Communications ($NUAN), which we recently sold for a 12% gain with an 8-day holding period. In the pre-market on January 5, subscribers of the MTG Stalk Sheet were alerted to a potential breakout setup in NUAN. Below are two charts that are snapshots of […]