The Wagner Daily – Nasdaq Composite Still in a Downtrend

The Wagner Daily – March 19, 2021

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

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market timing model: BUY ( conditions improving for growth stocks) 

Our timing model was designed to keep 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):

open positions:

closed positions:

• Stopped out of $SQ and $SI. Sold $JWN, $TWTR, and $RIOT ahead of the stop to limit losses.

Commentary:

The video below replaces the written commentary portion of today’s report.  If the video does not appear or does not play then use the following link to view it directly in youtube.com:

Tough market lately, forcing us back into cash. However, the market taking a break here should create better basing patterns within the next few weeks.

Unofficial setups (for experienced traders only):

• None

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