{"id":19192,"date":"2021-03-30T06:48:00","date_gmt":"2021-03-30T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=19192"},"modified":"2023-02-27T21:01:13","modified_gmt":"2023-02-28T02:01:13","slug":"swing-trading-stocks-033021","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-033021\/","title":{"rendered":"The Wagner Daily &#8211; $X monitoring for entry"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210330X.png\" alt=\"$X daily \" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; <em> <\/em>March 30, 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><em>The Wagner Daily &#8211; <\/em>March 30, 2021<em><br \/>Proven swing trading strategy, top ETF &amp; stock picks, and market timing model&#8230;since 2002<\/em><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>quick jump to:<\/strong><a href=\"#watchlist\">today&#8217;s watchlist<\/a><a href=\"#positions\">open &amp; closed positions<\/a><a href=\"#etf\">market commentary<\/a><\/td><td><strong>resources:<\/strong><a href=\"http:\/\/www.morpheustrading.com\/wagnerdailyguide-new.htm\" target=\"_blank\" rel=\"noreferrer noopener\">subscriber guide<\/a><a href=\"http:\/\/www.morpheustrading.com\/best-swing-trading-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">our trading strategy<\/a><a href=\"http:\/\/www.morpheustrading.com\/blog\" target=\"_blank\" rel=\"noreferrer noopener\">blog<\/a><\/td><td><strong>handy links:<\/strong><a href=\"http:\/\/www.morpheustrading.com\/login\" target=\"_blank\" rel=\"noreferrer noopener\">live mentorship room (members login)<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong><em>market timing model: S&amp;P 500 &#8211; buy,&nbsp; Nasdaq Composite &#8211; Sell<\/em><\/strong><\/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><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/watch.png\" alt=\"$todays watchlist\" title=\"\"><\/figure>\n\n\n\n<p><br \/><strong><em>open positions:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210330open.png\" alt=\"$open positions\" title=\"\"><\/figure>\n\n\n\n<p><strong><em>closed positions:<\/em><\/strong><\/p>\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.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><strong><em>Commentary:<\/em><\/strong><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>Money continues to flow out of leading growth stocks with IBD 50 ETF $FFTY down -3% while the S&amp;P 500 was basically flat.<\/p>\n\n\n\n<p>The Nasdaq Composite has wedged higher the past two days and is now near resistance from the declining 10-day EMA. A break of 13,000 could lead to further selling.<\/p>\n\n\n\n<p>$AMAT was added to the model portfolio on Monday per intraday alert. We have two positions in the portfolio with 8% exposure ($AMAT and $DEN), risking about $150 in a 50k account.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210330AMAT.png\" alt=\"$AMAT daily \" title=\"\"><\/figure>\n\n\n\n<p>We are monitoring $X for an entry point after Monday&#8217;s breakout. Let&#8217;s see how the price reacts during the next few days.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210330X.png\" alt=\"$X daily \" title=\"\"><\/figure>\n\n\n\n<p>We remain concerned by the lack of actionable buy setups and weak follow-through in recent breakouts, which is why we are taking a patient approach with the portfolio.&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<ul class=\"wp-block-list\">\n<li>Watching: $X $CLF $WSM $GMBL $KLAC $LRCX $AMAT $MARA $SI $MOGO<\/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>We are monitoring $X for an entry point after Monday&#8217;s breakout. Let&#8217;s see how the price reacts during the next few days.<\/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-19192","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\/19192","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=19192"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19192\/revisions"}],"predecessor-version":[{"id":19216,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19192\/revisions\/19216"}],"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=19192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=19192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=19192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}