Commentary:
Per yesterday’s note, today’s Wagner Daily is an abbreviated version (Day 2 of maximum 7 annual days of no commentary). Regular publication will resume on Wednesday, July 14. Updated summary of open positions shown below. Also, as mentioned in yesterday’s Intraday Trade Alert, short-term traders may consider buying VXZ for a short-term pop, but this is not an “official” play.
Today’s Watchlist:
There are no new setups in the pre-market today. Our model portfolio is presently near its maximum buying power, so we’ll focus on managing existing positions for profitability, rather than entering new ones. With the broad market stuck in a widening range, there remains very little momentum out there. However, most of our positions are ETFs with a low correlation to broad market direction.
Daily Performance Report:
Below is an overview of all open positions, as well as a performance report on all positions that were closed only since the previous day’s newsletter. Net P/L figures are based on the $50,000 Wagner Daily model account size. Changes to open positions since the previous report are listed in red text below. Please review the Wagner Daily Subscriber Guide for important, automatic rules on trigger and stop prices.
Having trouble seeing the position summary graphic above?
Click here to view it directly on your Internet browser instead.
Notes:
Edited by Deron Wagner,
MTG Founder and
Head Trader
market timing model: BUY Signal generated on close of Sept. 21 Market timing model is…
market timing model: BUY Signal generated on close of Sept. 21 On a buy signal.…
market timing model: BUY Signal generated on close of Sept. 21 On a buy signal.…
market timing model: BUY Signal generated on close of Sept. 21 On a buy signal.…
market timing model: BUY Signal generated on close of Sept. 21 On a buy signal.…
market timing model: BUY Signal generated on close of Sept. 21 On a buy signal.…