{"id":16398,"date":"2022-09-22T06:48:00","date_gmt":"2022-09-22T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=16398"},"modified":"2023-02-06T22:49:00","modified_gmt":"2023-02-07T03:49:00","slug":"swing-trading-stocks-092222-2","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-092222-2\/","title":{"rendered":"The Wagner Daily &#8211; $ENPH Stop Raised: 2% Gain on Trigger"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220922ENPH.png\" alt=\"ENPH daily \" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; September 22, 2022<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>MTG Market Timing Model &#8211;&nbsp; SELL (markets back below 20 &amp; 50-day MAs &nbsp;&nbsp;<\/em><\/strong><\/a><\/p>\n\n\n\n<p>Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a><strong><em>today&#8217;s watchlist along with open and closed positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220922list.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>Per intraday alert, bought and sold $WOLF for a -$60 loss in the 50k model account.&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>Stocks reacted negatively to Fed comments regarding inflation, which led to a nasty selloff in the last hour of trading. From the day&#8217;s high around 3pm, the S&amp;P 500 fell 3% with a close at the lows of the session.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220922SPX.png\" alt=\"s&amp;p 500 DIALY \" title=\"\"><\/figure>\n\n\n\n<p>Per intraday alert, we bought a 1\/3 position in $WOLF above the base high. However, the momentum didn&#8217;t last long, as the price failed to hold the breakout pivot and sold off with the market. We took a shot with small size in case the market followed through to the upside but decided to sell ahead of the stop at $120 due to the weak close in $WOLF and the market. We apologize for the quick trade in and out, but risk management is always a priority for us.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220922WOLF.png\" alt=\"WOLF daily \" title=\"\"><\/figure>\n\n\n\n<p>Although $ENPH has held up extremely well, we are raising our stop on the full position to just above&nbsp;breakeven.&nbsp; If triggered we will have a small 2% gain.&nbsp;&nbsp;&nbsp;We can always re-enter down the road if\/when conditions improve.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220922ENPH.png\" alt=\"ENPH daily \" title=\"\"><\/figure>\n\n\n\n<p>Bond ETF $TLT reversed higher on Wednesday and may soon reclaim the major swing low. Could this be a signal of rates peaking?&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220922TLT.png\" alt=\"Tlt daily\" title=\"\"><\/figure>\n\n\n\n<p>There are no new setups for Thursday&#8217;s session. Although the odds now favor more downside, there is always the possibility of a bullish reversal such as a close above 11,500 in the Nasdaq Composite.<\/p>\n\n\n\n<p><strong>Unofficial Setups<\/strong>&nbsp;&#8211;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Longs &#8211; watching $PCTY $CELH $SWAV $WOLF<\/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>Although $ENPH has held up extremely well, we are raising our stop on the full position to just above\u00a0breakeven.\u00a0 If triggered we will have a small 2% gain.\u00a0\u00a0\u00a0We can always re-enter down the road if\/when 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":[739],"class_list":["post-16398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wagner-daily-archives","tag-daily-stock-picks"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16398","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=16398"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16398\/revisions"}],"predecessor-version":[{"id":16402,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16398\/revisions\/16402"}],"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=16398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=16398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=16398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}