{"id":17674,"date":"2021-12-29T06:48:00","date_gmt":"2021-12-29T11:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=17674"},"modified":"2023-02-16T23:59:32","modified_gmt":"2023-02-17T04:59:32","slug":"swing-trading-stocks-122921","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-122921\/","title":{"rendered":"The Wagner Daily &#8211; Stock Watchlist: $AMD and $TSLA"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211229EXPE.png\" alt=\"EXPE daily\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; December 29, 2021<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>MTG Market Timing Model &#8211; BUY&nbsp; &nbsp;<\/em><\/strong><\/a><\/p>\n\n\n\n<p>Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/a><\/p>\n\n\n\n<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211229watch.png\" title=\"\"><br \/><br \/><a><strong><em>open positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211229open.png\" alt=\"$open positions\" title=\"\"><\/figure>\n\n\n\n<p><strong><em>closed positions:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2020\/closed.png\" alt=\"$closed positions\" title=\"\"><\/figure>\n\n\n\n<p><strong>po<\/strong><strong>sition notes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Per intraday alert, bought $AMAT on a pullback to the base high.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a><strong><em>Commentary:<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>Just a reminder, US markets will be open this Friday and the following Monday as it is the end of the quarter, month, and year. Happy New Year!<\/p>\n\n\n\n<p>After a solid four-day advance, stocks pulled back in on lighter volume. Although this week is not a holiday-shortened week of trading we do expect volume to remain light through the end of the year.<\/p>\n\n\n\n<p>Growth continues to struggle with money flowing into S&amp;P 500 leadership and slower-moving tech.<\/p>\n\n\n\n<p>$IWP is one of a few growth ETFs we monitor that is nowhere near highs ($FFTY is another).&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211229IWP.png\" alt=\"Russell midcap growth\" title=\"\"><\/figure>\n\n\n\n<p>In yesterday&#8217;s report, we mentioned the lack of buy setups as most charts worth monitoring were extended in the short term. The same goes for Wednesday&#8217;s session, as most charts could use another day or two of sideways to lower action.<\/p>\n\n\n\n<p>Per intraday alert, $AMAT was added to the model portfolio on a pullback to the base high. If the $158 area does not hold, then look for the rising 8-10-day EMAs to provide support.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211229AMAT.png\" alt=\"AMAT daily\" title=\"\"><\/figure>\n\n\n\n<p>There are two official setups on Wednesday&#8217;s watchlist. Both are buy limit orders to enter on weakness in $AMD and $TSLA. We did send out an alert to cancel the $AMD buy limit on Tuesday, but it&#8217;s back on the list for Wednesday.<\/p>\n\n\n\n<p>$EXPE reclaimed the 50-day MA last week on heavy volume and has since chopped around in a tight range with light volume. Watch for a move through $183 and $186 to spark some buying interest. This is not an official setup.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211229EXPE.png\" alt=\"EXPE daily\" title=\"\"><\/figure>\n\n\n\n<p><strong>Unofficial Setups<\/strong> &#8211; For experienced traders only, no guidance is given for these setups.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$PFE &#8211; buy stop 59.60<\/li>\n\n\n\n<li>$QCOM &#8211; buy stop 187.00<\/li>\n\n\n\n<li>Watching $NUE $AA $PAYX $EXPE $DLTR $EPAM<\/li>\n<\/ul>\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>There are two official setups on Wednesday&#8217;s watchlist. Both are buy limit orders to enter on weakness in $AMD and $TSLA. We did send out an alert to cancel the $AMD buy limit on Tuesday, but it&#8217;s back on the list for Wednesday.<\/p>\n<p>$EXPE reclaimed the 50-day MA last week on heavy volume and has since chopped around in a tight range with light volume. Watch for a move through $183 and $186 to spark some buying interest. This is not an official setup.<\/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-17674","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\/17674","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=17674"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/17674\/revisions"}],"predecessor-version":[{"id":17678,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/17674\/revisions\/17678"}],"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=17674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=17674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=17674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}