{"id":15960,"date":"2022-12-30T06:48:00","date_gmt":"2022-12-30T11:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=15960"},"modified":"2023-02-02T11:55:39","modified_gmt":"2023-02-02T16:55:39","slug":"swing-trading-stocks-123022","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-123022\/","title":{"rendered":"The Wagner Daily &#8211; Oil and Gas Stocks on the Rise: A Closer Look at $HAL and $SLB Charts"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/221230HAL.png\" alt=\"$HAL DAILY\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; December 30, 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><em>The Wagner Daily &#8211; December 30, 2022<\/em><br \/>Proven swing trading strategy, top ETF &amp; stock picks, and market timing model&#8230;since 2002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><a><strong><em>MTG Market Timing Model &#8211;&nbsp; Sell (as of Dec. 15) due to a break of 20ema in the S&amp;P 500<\/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=\"$todays watchlist\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221230list.png\" title=\"\">&nbsp;<br \/><br \/><a><strong><em>position notes:<\/em><\/strong><\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No trades triggered.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a><strong><em>Commentary:&nbsp;<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>Just a reminder, US markets will be closed next Monday, January 2.&nbsp; The Wagner Daily will not be published on Sunday night but will return Monday night (Jan. 2)&nbsp;for Tuesday&#8217;s session.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>HAPPY NEW YEAR!<\/strong><\/p>\n\n\n\n<p>Stock market averages reversed higher with most closing above the prior day&#8217;s high and reclaiming all of Wednesday&#8217;s losses.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Given the time of year and lack of volume, it&#8217;s tough to put money to work based on Thursday&#8217;s reversal.&nbsp; Our short-term plan is to sit mostly in cash and see what the new year brings.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The S&amp;P 500 is back above 3,800 but still has the 20 and 50-day MAs above as resistance.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/221230SPX2.png\" alt=\"$sp 500  DAILY\" title=\"\"><\/figure>\n\n\n\n<p>The S&amp;P Midcap 400 has shown relative strength in the last few months and is the only broad-based index near its 200-day MA. A move through the big resistance level on the chart below would definitely grab our attention.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/221230MID.png\" alt=\"$sp 400  DAILY\" title=\"\"><\/figure>\n\n\n\n<p>As mentioned above, our plan is to lay low during the next few days. However, for those looking to add exposure, here are a few setups to monitor:<\/p>\n\n\n\n<p>These setups are not official.<\/p>\n\n\n\n<p>Oil and gas stocks have held up well after a solid move up. $HAL and $SLB are two of the better-looking charts in the area.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/221230HAL.png\" alt=\"$HAL DAILY\" title=\"\"><\/figure>\n\n\n\n<p>Solar stock $FSLR closed below the 50-day MA but could be just a shakeout if the price can reclaim the 50-day MA within the next few days.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/221230FSLR.png\" alt=\"$FSLR DAILY\" title=\"\"><\/figure>\n\n\n\n<p>If $SMCI doesn&#8217;t move much on Friday, then it will likely close with an inside week, where the high and low of this week is within the prior week&#8217;s trading range. A move through the inside week high next week could generate some buying interest.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/221230SMCI.png\" alt=\"$SMCI DAILY\" title=\"\"><\/figure>\n\n\n\n<p><strong>Unofficial Setups&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Longs &#8211; watching the charts above plus $BABA &#8211; downtrend line break, $BMRN &#8211; downtrend line break after pullback to 20ema,<\/li>\n\n\n\n<li>Shorts &#8211; $LULU<\/li>\n<\/ul>\n\n\n\n\n\n\n\n<p>Rick&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1NqgrdjU9b5BoBV7j2BaIvp8y8P3VfAuUyywfm3Mcqxg\/edit?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here to\u00a0view this week&#8217;s watchlist in google sheets<\/strong><\/a><\/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>Oil and gas stocks have held up well after a solid move up. $HAL and $SLB are two of the better-looking charts in the area.<\/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-15960","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\/15960","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=15960"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/15960\/revisions"}],"predecessor-version":[{"id":15964,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/15960\/revisions\/15964"}],"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=15960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=15960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=15960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}