{"id":15876,"date":"2022-09-02T06:48:00","date_gmt":"2022-09-02T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=15876"},"modified":"2023-02-07T09:06:25","modified_gmt":"2023-02-07T14:06:25","slug":"swing-trading-stocks-09222","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-09222\/","title":{"rendered":"The Wagner Daily &#8211; $ARRY Outshines as Stocks Trigger Stops"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902ARRY.png\" alt=\"ARRY daily\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; September 2, 2022<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>MTG Market Timing Model &#8211;&nbsp; SELL (Nasdaq &amp; SP-500 below the 20ema)&nbsp;&nbsp;<\/em><\/strong><\/a><\/p>\n\n\n\n<p>Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a><strong><em>today&#8217;s watchlist along with open and closed positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902list.png\" title=\"\">Add<br \/><br \/><a><strong><em>position notes:<\/em><\/strong><\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stopped out of $CELH and $ON.&nbsp;&nbsp;<\/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><strong>NOTE &#8211; US markets will be closed next Monday, September 5.&nbsp; &nbsp;Our nightly report will not be sent out on Sunday night but will return on Monday night for Tuesday&#8217;s session.&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<p>Broad market averages closed with bullish reversal candles on Thursday which could lead to a short-term bounce.<\/p>\n\n\n\n<p>Ideally, the current correction off the highs is the beginning of a new base (the left side of the base).&nbsp; &nbsp;If so, then we will be looking for the averages to set higher lows and eventually break the downtrend line as a sign that&nbsp;momentum is turning bullish.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902SPX.png\" alt=\"SP 500 daily\" title=\"\"><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902IXIC.png\" alt=\"nASDAQ daily\" title=\"\"><\/figure>\n\n\n\n<p>While $SEDG and $ARRY held up, $CELH and $ON stops triggered in the model portfolio.&nbsp;<\/p>\n\n\n\n<p>$ARRY has shown a ton of strength and is at the top of our watchlist to add if\/when market conditions improve.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902ARRY.png\" alt=\"ARRY daily\" title=\"\"><\/figure>\n\n\n\n<p>$CELH triggered our stop and we are out but the pattern is still in play if the $100 area holds.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902CELH.png\" alt=\"CELH  daily\" title=\"\"><\/figure>\n\n\n\n<p>$ENPH shook out stops below a prior low but our $271 stop held. The relative strength line is still near highs, so if the market can find some support it should see another leg up.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220902ENPH.png\" alt=\"enph daily\" title=\"\"><\/figure>\n\n\n\n<p>Natural gas stocks $DVN and $OXY may be in play on weakness if they can break the short-term downtrend lines.<\/p>\n\n\n\n<p>$DVN found support at 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\/2209902DVN.png\" alt=\"DVN daily\" title=\"\"><\/figure>\n\n\n\n<p>Other stocks we are watching &#8211; $LNTH $OXY $WOLF $ON $FRO $CCJ $LTHM $PRVA $NBIX $BMRN $EVH $SWAV<\/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>Longs &#8211; none<\/li>\n\n\n\n<li>Shorts &#8211; none<\/li>\n<\/ul>\n\n\n\n<p>See you in the chat room,<\/p>\n\n\n\n<p>Rick&nbsp;<\/p>\n\n\n\n\n\n\n\n\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>While $SEDG and $ARRY held up, $CELH and $ON stops triggered in the model portfolio.\u00a0<\/p>\n<p>$ARRY has shown a ton of strength and is at the top of our watchlist to add if\/when market conditions improve.<\/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-15876","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\/15876","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=15876"}],"version-history":[{"count":2,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/15876\/revisions"}],"predecessor-version":[{"id":16478,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/15876\/revisions\/16478"}],"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=15876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=15876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=15876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}