The Wagner Daily – Shortened Report: Nov 26 Market Close

The Wagner Daily – November 26, 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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quick jump to:today’s watchlistopen & closed positionsmarket commentary

resources:subscriber guideour trading strategyblog

handy links:

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MTG Market Timing Model – BUY  

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):

open positions:

closed positions:

position notes:

• $RBLX buy stop triggered for the 3% add.

Commentary:

A few quick notes:

• US markets will close at 1 pm EST on Friday, November 26.
• Tonight’s report is an abbreviated version with no charts. The video version of the report will return next Thursday.

Friday’s Official Buy Watchlist:

$PSTG is a breakaway gap up to new all-time highs on 4x average volume. We are buying a half position on a pullback to $30 along with an add over the gap-up day high for partial size.  Fundamentals are solid with a +210% yearly eps estimate for 2022 and 3 quarters in a row of accelerating sales growth (last quarters at +37).  

Adding to $NVDA on a pullback to the $320 area (at $321)  looking for the 10-day EMA to hold.

Buying $U over the high of Wednesday’s inside day looking for the 20-day EMA to hold.

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

• Watching $TTD $SEDG (first touch of 20ema after shakeout)  $ON $SKIN $SI $GXO $NVDA $AMD $APP $GOOS $ENPH –

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