{"id":13406,"date":"2022-04-15T07:48:00","date_gmt":"2022-04-15T11:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=13406"},"modified":"2022-10-12T03:50:36","modified_gmt":"2022-10-12T07:50:36","slug":"swing-trading-stocks-04-15-22","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-04-15-22\/","title":{"rendered":"The Wagner Daily &#8211; Swing Trading Signals in a Changing Market"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/new.morpheustrading.com\/blog\/wp-content\/uploads\/2022\/04\/PINS-718x567.png\" alt=\"\" class=\"wp-image-13414\" title=\"\"><figcaption><em>Press chart to enlarge<\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; April 15, 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><strong><em>MTG Market Timing Model &#8211;&nbsp; Sell due to both the S&amp;P 500 and Nadsaq Comp below the 20 and 50-day MAs<\/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><a><strong><em>open positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ci3.googleusercontent.com\/proxy\/gKUEX_5F8cJUb49k3BOS9pvVAxi-xwRNdRgyYwfRqUtqohF34L6FlhMgcu-eYU9fN8rAfwNEtyhqMv_mYhejpWX3dFmlnrzn93Vlz_LDkMri-6c=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415open.png\" alt=\"$open positions\" width=\"590\" height=\"353\" title=\"todays watchlist\"\/><\/figure>\n\n\n\n<p><strong><em>closed positions:<\/em><\/strong><\/p>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/ci3.googleusercontent.com\/proxy\/1RoFByXn0Yl_os2TvCKS2a7T4FOuTEopWFuZh6iZdl20HfmW7d13r8in9rjquT_VfPXxMLU8vkB3xZYYpNaN0Lnjf1sfzci5BFruaN4Yqthiy4mf0w=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415closed.png\" alt=\"$closed positions\" style=\"width: 700px;\" title=\"\"><br \/><\/p>\n\n\n\n<p><strong>po<\/strong><strong>sition notes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>$PINS, $ETSY, and $SNAP buy stops triggered.<\/li><li>Losses offset by small winners for&nbsp;the&nbsp;most part (on closed positions only).&nbsp;<\/li><\/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>Leading growth stocks took a step back on Wednesday with recent movers such as $SQ, $PINS, and $HUBS reversing lower. Overall, market conditions have improved this week, but we have yet to see&nbsp;the&nbsp;type of breakout action that we normally associate with a new bull market rally. This may be due to&nbsp;the&nbsp;overall lack of buyable setups when&nbsp;the&nbsp;Nasdaq put in its Follow-Through&nbsp;Day&nbsp;(FTD), as there was so much damage from&nbsp;the&nbsp;last selloff with most stocks reclaiming&nbsp;the&nbsp;50-day&nbsp;MA rather than breaking out to new highs.<\/p>\n\n\n\n<p>The&nbsp;model portfolio was active on Wednesday with several stop outs. Small gains in $LRCX, $AMAT, and $FUTU offset losses, while $APPS was sold just below break-even. Not ideal, but we are just trying to limit damage while we wait for our type of market to kick in.<\/p>\n\n\n\n<p>Per intraday alert, we are still long half positions in $PINS and $SNAP, while still holding a 5% position in $ETSY and 6% position in $RBLX (with a breakeven stop).&nbsp; &nbsp;It may be tough to see a winner like $RBLX go from +13% to +3%, but with our timing model on a fresh new buy signal following a market correction, we are not looking to sell winners for a 10%-15% gain.<\/p>\n\n\n\n<p>There are no new buy setups for today. Let&#8217;s see how&nbsp;the&nbsp;market and current open positions respond to Wednesday&#8217;s selling.<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/ci3.googleusercontent.com\/proxy\/uJhfb-SU3h-Kv9RZyI300fGdvEiPDntIva-BEa9WbX7I5_F9fEs072DYvkNgOKKG44fAkdDKbZ-6Cb0QkDeoT-gcVKMezKtX3cui-91u77N2Cw=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415SQ.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ci3.googleusercontent.com\/proxy\/uJhfb-SU3h-Kv9RZyI300fGdvEiPDntIva-BEa9WbX7I5_F9fEs072DYvkNgOKKG44fAkdDKbZ-6Cb0QkDeoT-gcVKMezKtX3cui-91u77N2Cw=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415SQ.png\" alt=\"$SQ daily \" width=\"499\" height=\"394\" title=\"\"><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/ci6.googleusercontent.com\/proxy\/ZX7Myl_YLcoZfLWCQ8zKgksocrOe95-3QTC0d99lRSn4Xt5ttBmfgaPqT5I6YS7LlWZBVcZP9-AJlsr0Ti5LMAUYVUBrbUjdU65G_yRnRutv3KwD=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415SNAP.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ci6.googleusercontent.com\/proxy\/ZX7Myl_YLcoZfLWCQ8zKgksocrOe95-3QTC0d99lRSn4Xt5ttBmfgaPqT5I6YS7LlWZBVcZP9-AJlsr0Ti5LMAUYVUBrbUjdU65G_yRnRutv3KwD=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415SNAP.png\" alt=\"$snap daily \" width=\"499\" height=\"394\" title=\"\"><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/ci5.googleusercontent.com\/proxy\/OCQeJOYTZk50mkBDRAg93L2hCmpW11IcsfAzCqglf8W65H377IdLKCpqiVmrEeSe537G843s4Pb412rcQc10JDOsCgwCuNnQbiIBjCSuR2WcGNjq=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415PINS.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ci5.googleusercontent.com\/proxy\/OCQeJOYTZk50mkBDRAg93L2hCmpW11IcsfAzCqglf8W65H377IdLKCpqiVmrEeSe537G843s4Pb412rcQc10JDOsCgwCuNnQbiIBjCSuR2WcGNjq=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415PINS.png\" alt=\"$PINS daily \" width=\"499\" height=\"394\" title=\"\"><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/ci5.googleusercontent.com\/proxy\/3eyew7Set7PtMzD8sRsWaRzCPvuR2kOGbHyVwlf2tlIC9ezx_UjRJS_ihEGhSsvzmEtEekNQ4cnOtu4UrYaq43UVHRR2nSMLy-R-WVs9iN6vjlBD=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415FUTU.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ci5.googleusercontent.com\/proxy\/3eyew7Set7PtMzD8sRsWaRzCPvuR2kOGbHyVwlf2tlIC9ezx_UjRJS_ihEGhSsvzmEtEekNQ4cnOtu4UrYaq43UVHRR2nSMLy-R-WVs9iN6vjlBD=s0-d-e1-ft#https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210415FUTU.png\" alt=\"$FUTU daily \" width=\"499\" height=\"394\" title=\"\"><\/a><\/figure>\n\n\n\n<p>Press HERE (link restricted to paid members) to view this week&#8217;s stock watchlist, an excellent starting point for monitoring the health of the market and finding the best stocks for swing trading<em>.<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Start my Wagner Daily membershiip 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>Managing swing trading signals for risk and opportunity in a changing market. <\/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-13406","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\/13406","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=13406"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/13406\/revisions"}],"predecessor-version":[{"id":13602,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/13406\/revisions\/13602"}],"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=13406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=13406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=13406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}