{"id":18058,"date":"2021-10-15T06:48:00","date_gmt":"2021-10-15T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=18058"},"modified":"2023-02-20T22:48:40","modified_gmt":"2023-02-21T03:48:40","slug":"swing-trading-stocks-101521","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-101521\/","title":{"rendered":"The Wagner Daily &#8211; $BILL Buy Stop Triggered: Friday Action Crucial"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015BILL.png\" alt=\"$BILL daily\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; October 15, 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 (from FTD on 10\/14)&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 id=\"watchlist\"><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/a><\/p>\n\n\n\n<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015watch.png\" title=\"\"><br \/><br \/><a id=\"positions\"><strong><em>open positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015open.png\" alt=\"$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>Added half positions in $BILL, $SNOW, and $LC.<\/li>\n\n\n\n<li>Added 2% to $UPST.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a id=\"etf\"><strong><em>Commentary:<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>I apologize.&nbsp; No video for tonight&#8217;s report, but it will be back next Thursday.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The MTG timing model is on a buy signal&nbsp;after Thursday&#8217;s follow-through day (FTD) in the Nasdaq Composite, which gained +1.7% on higher volume. The Nasdaq also reclaimed the 20-day EMA.<\/p>\n\n\n\n<p>With a FTD in place, let&#8217;s see if recent breakouts can push higher while new setups emerge.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015COMP.png\" alt=\"$Nasdaq Comp. daily\" title=\"\"><\/figure>\n\n\n\n<p>Midcap ETF $IWP reclaimed the 50-day MA, a positive sign for growth.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015IWP.png\" alt=\"$iwp daily\" title=\"\"><\/figure>\n\n\n\n<p>The model portfolio added another 2% to $UPST on the open, which cleared the highs of a high tight pattern on its way to a 10% gain on heavy olume.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015UPST.png\" alt=\"$UPST  daily\" title=\"\"><\/figure>\n\n\n\n<p>$BILL buy stop triggered on the open. The close was well off the highs and below the breakout pivot. Look for Friday&#8217;s action to hold above $300.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015BILL.png\" alt=\"$BILL daily\" title=\"\"><\/figure>\n\n\n\n<p>Per intraday alert, bought the breakouts to new highs in $SNOW and $LC.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015SNOW.png\" alt=\"$snow daily\" title=\"\"><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/211015LC.png\" alt=\"$lc daily\" title=\"\"><\/figure>\n\n\n\n<p>There are no new setups for Friday. Please note the changes to $DDOG buy limit order. $SE buy stop remains live.<\/p>\n\n\n\n<p>We have a decent amount of exposure as the Nasdaq puts in a follow-through day, so let&#8217;s see how these trades play out next week.<\/p>\n\n\n\n<p>Just a reminder that the model portfolio looks to buy liquid growth stocks with accelerating quarterly EPS or sales growth near 52-week highs. These stocks for the most part will have IPO&#8217;d within the last 5-10 years. The portfolio will also buy stocks that lack eps or sales growth but have a strong relative strength rating of 90 or higher. The relative strength ratings are based on a 3, 6, and 12 month RS rating from IBD.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Unofficial Setups<\/strong> &#8211; For experienced traders only, no guidance is given for these setups.<\/p>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background\"><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Start my Wagner Daily membership now<\/a><\/strong> to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. <strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">The Wagner Daily PRO<\/a> <\/strong>includes <strong>live swing trader room<\/strong> for daily, real-time trade ideas and powerful stock trading education. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>$BILL buy stop triggered on the open. The close was well off the highs and below the breakout pivot. Look for Friday&#8217;s action to hold above $300.<\/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-18058","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\/18058","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=18058"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/18058\/revisions"}],"predecessor-version":[{"id":18062,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/18058\/revisions\/18062"}],"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=18058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}