{"id":19174,"date":"2021-04-01T06:48:00","date_gmt":"2021-04-01T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=19174"},"modified":"2023-02-27T20:49:13","modified_gmt":"2023-02-28T01:49:13","slug":"swing-trading-stocks-040121","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-040121\/","title":{"rendered":"The Wagner Daily &#8211; Nasdaq Reclaims 20-Day EMA"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210401IXIC.png\" alt=\"$NAsdaq Comp daily \" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211;  April 1, 2021<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>market timing model: S&amp;P 500 buy, Nasdaq Comp buy, &nbsp;<\/em><\/strong><\/a><\/p>\n\n\n\n<p>Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a id=\"watchlist\"><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/watch.png\" alt=\"$todays watchlist\" title=\"\"><\/figure>\n\n\n\n<p><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\/210401open.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, added to $AMAT early and bought $RIOT and $LRCX in the afternoon.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a id=\"etf\"><strong><em>Commentary:<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p><strong>US markets will be closed this Friday.&nbsp; As such, The Wagner Daily will not be published on Thursday night.&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Have a Happy and Safe Holiday Weekend!<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/new.morpheustrading.com\/blog\/wp-content\/uploads\/2023\/02\/image-85.gif\" alt=\"\" class=\"wp-image-19200\" title=\"Anchor\"><\/figure>\n\n\n\n<p>Our timing model is on a buy signal in the Nasdaq Composite after Wednesday&#8217;s follow-through day (FTD). The Nasdaq gained +1.5% on a pick-up in volume while reclaiming the 20-day EMA.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210401IXIC.png\" alt=\"$NAsdaq Comp daily \" title=\"\"><\/figure>\n\n\n\n<p>To increase the odds of the FTD working, the Nasdaq should avoid heavy selling (distribution) and hold above the low of the FTD on a closing basis during the next few days.<\/p>\n\n\n\n<p>Although Wednesday&#8217;s follow-through was positive, it did lack the type of explosive price and volume action that we are used to seeing in FTDs as of late.&nbsp; On a strong FTD, our head is usually on a swivel all session long due to the number of quality setups moving out.<\/p>\n\n\n\n<p>What is working right now? Semiconductors, builders, and steel stocks are moving. We have some exposure to semis with $AMAT and $LRCX.<\/p>\n\n\n\n<p>Crypto-related stocks are also on the move this week. We missed $MARA but will continue to monitor for a pullback entry.<\/p>\n\n\n\n<p>Per intraday alert, we purchased $RIOT over the two-day high. For those not already long, a buy stop can be placed above Wednesday&#8217;s high using the stop in the report.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210401RIOT.png\" alt=\"$riot 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>&nbsp; &nbsp; &nbsp;$HOV &#8211; buy at 110.00 or $PHM buy at 53.26<\/li>\n\n\n\n<li>&nbsp; &nbsp; &nbsp;$WSM &#8211; buy at 185.80<\/li>\n\n\n\n<li>&nbsp; &nbsp; &nbsp;$MOGO &#8211; buy at 9.00 (short term downtrend line break)<\/li>\n\n\n\n<li>Watching &#8211; $SBH $SGRY $FLR<\/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>Our timing model is on a buy signal in the Nasdaq Composite after Wednesday&#8217;s follow-through day (FTD). The Nasdaq gained +1.5% on a pick-up in volume while reclaiming the 20-day EMA.<\/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-19174","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\/19174","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=19174"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19174\/revisions"}],"predecessor-version":[{"id":19204,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19174\/revisions\/19204"}],"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=19174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=19174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=19174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}