The Wagner Daily – Stock Update: $DDOG, $DAC

Enjoy this post? Share the love.

$DAC Daily

The Wagner Daily – March 1, 2022

Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).

Subscribe now for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record.

Just drop us a comment with any questions or comments–we’d love to hear from you!

MTG Market Timing Model –  SELL

Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&P 500 or Nasdaq Composite.

today’s watchlist (potential trade entries):

$todays watchlist

open positions:

$open positions

closed positions:

$closed positions

position notes:

  • No trades triggered.


Tuesday will be day 4 of a new rally attempt in the market. We are waiting for a buy signal in one of two ways, either a follow-through day (+1.5% or more gain on higher volume in an index) or a reclaim of the 21-day EMA.

$Nasdaq COmposite Daily
$s&p 500 Daily

The model portfolio remains long a 5% starter position in $DDOG but will look to add long exposure as new setups develop.

$DAC pulled back to the 20-day EMA and found support with two bullish reversal candles over three sessions.

Not an official setup

$DAC Daily

$MU could be ready to move out within the next day or two.

Not an official setup

$MU Daily

$AOSL is holding the 50-day MA the past few sessions and may soon be ready to push higher.

Not an official setup

$AOSL  Daily

There are no new official setups for Tuesday, but we are monitoring a few stocks that could be in play. We will send an intaday alert if any action is taken.

Whenever the market (ideally the Nasdaq) attempts to bottom out, we look for a few things:

  • Higher lows, market should hold the low set on day one of the new rally attempt
  • Market reclaims 10-day SMA and eventually reclaims the 20-day EMA (within a few weeks)
  • Follow through day (buy signal) prints on day 4 or later of a new rally attempt (may occur before or after the index reclaims the 20-day EMA)
  • New leadership emerges to confirm the fresh new buy signal

Unofficial Setups – For experienced traders only, no guidance is given for these setups.

  •  Longs – watching $DAC $MU $AOSL $SLB $CLS $VRTX
  •  Shorts –

See you in the chat room,


For those new to this report, our share size is pretty conservative with max. size around 10% of equity per trade. We do this because we prefer to trade 10-12 names to keep the report active.  However, if your goal is to maximize returns, taking 18-25% positions is the way to go.   If trading in a non-margin account, this will limit the portfolio to 4-5 positions.  If on margin, then 8-10 positions. Our risk per trade on average is just over 1/2 of 1%. Experienced traders may want to risk 1% to 2% per trade.   For example, a 20% position in a 100k account with a 6% stop loss would result in a $1,200 loss (1.2%). 

This list is a good starting point for monitoring the health of the market for those who have limited time.

Start my Wagner Daily membership now to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. The Wagner Daily PRO includes live swing trader room for daily, real-time trade ideas and powerful stock trading education.

Enjoy this post? Share the love.

Please leave your comment below!

Your email address will not be published. Required fields are marked *