{"id":16528,"date":"2022-08-25T06:48:00","date_gmt":"2022-08-25T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=16528"},"modified":"2023-02-08T01:14:32","modified_gmt":"2023-02-08T06:14:32","slug":"swing-trading-stocks-082522-2","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-082522-2\/","title":{"rendered":"The Wagner Daily &#8211; Strong Semi Stocks: $ON and $WOLF Lead the Way"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220825ON.png\" alt=\"ON daily\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; August 25, 2022<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>MTG Market Timing Model &#8211;&nbsp; BUY&nbsp; &nbsp;<\/em><\/strong><\/a><\/p>\n\n\n\n<p>Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a><strong><em>today&#8217;s watchlist along with open and closed positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220825list.png\" title=\"\">Add<br \/><br \/><a><strong><em>position notes:<\/em><\/strong><\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In yesterday&#8217;s report: added to $WOLF and bought&nbsp; $BMRN, $ON, and $ARRY.&nbsp;<\/li>\n\n\n\n<li>Per intraday alert, sold $TSLA on a bounce to focus on stronger stocks.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a><strong><em>Commentary:<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>Last week, leading growth stocks held up well as broad-based averages sold off down to the 20-day ema on the daily chart.&nbsp; This week, leadership is pushing higher as the indices find support, which is what we wanted to see.&nbsp; &nbsp;As long as the S&amp;P 500 and Nasdaq Composite avoid making lower lows, leading names should be able to make some decent progress to the upside.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>Nasdaq 100 futures trying to reclaim the 20-day ema after a shakeout below:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220825NQ.png\" alt=\"NASDAQ FUTS daily\" title=\"\"><\/figure>\n\n\n\n<p>The model portfolio was busy on Wednesday, with buys in $ARRY, $BRMN, $WOLF, and $ON.&nbsp; Per intraday alert, $TSLA was sold on a bounce as we believe there are better stocks to own.&nbsp;<\/p>\n\n\n\n<p>At the beginning of a bull market rally, when conditions are sometimes not ideal (volatility is high), we are forced to rely more upon intraday alerts for entries.&nbsp; However, as conditions settle down volatility contracts, which makes it easier to&nbsp;list setups the night before.&nbsp;<\/p>\n\n\n\n<p>There is one new official setup for Thursday.&nbsp; We are adding to $ARRY over the prior day&#8217;s high, looking for immediate follow-through.&nbsp; &nbsp;The stop is placed just below $20.&nbsp; The hourly chart below details the add which is over the downtrened line and prior high.&nbsp; A move above $22 would create a higher high.&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220825ARRY.png\" alt=\"arry daily\" title=\"\"><\/figure>\n\n\n\n<p>We bought on as it reclaimed the prior high.&nbsp; $ON and $WOLF are two of best acting semis.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220825ON.png\" alt=\"ON daily\" title=\"\"><\/figure>\n\n\n\n<p>If $CELH doesn&#8217;t blast off right away, then we will look to add to our position on a pullback near the 20-day EMA.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220825CELH.png\" alt=\"CELH daily\" title=\"\"><\/figure>\n\n\n\n<p><strong>Unofficial Setups<\/strong> &#8211; For experienced traders only, no guidance is given for these setups.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Longs &#8211; Over prior day&#8217;s high or 2-day high &#8211; $GFS $PANW $FWONK $TH $UNG (on weakness to 20ema) $SPXL&nbsp;<\/li>\n\n\n\n<li>Shorts &#8211; none<\/li>\n<\/ul>\n\n\n\n<p>See you in the chat room,<\/p>\n\n\n\n<p>Rick&nbsp;<\/p>\n\n\n\n\n\n\n\n<p>These lists are a good starting point for monitoring the market&#8217;s health for those with limited time.<\/p>\n\n\n\n<p><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\">https:\/\/morpheustrading.com\/services\/swing-trade-alerts<\/a><\/p>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background\"><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Start my Wagner Daily membership now<\/a><\/strong> to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. <strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">The Wagner Daily PRO<\/a> <\/strong>includes <strong>live swing trader room<\/strong> for daily, real-time trade ideas and powerful stock trading education. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We bought on as it reclaimed the prior high.\u00a0 $ON and $WOLF are two of best acting semis.\u00a0<\/p>\n","protected":false},"author":2,"featured_media":12060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[782],"tags":[],"class_list":["post-16528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wagner-daily-archives"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/comments?post=16528"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16528\/revisions"}],"predecessor-version":[{"id":16532,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16528\/revisions\/16532"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media\/12060"}],"wp:attachment":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media?parent=16528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=16528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=16528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}