Morpheus Trading Group

S&P 500 breaks out to fresh 52-week high...now what?

deronwagner — Wed, 17 Mar 2010 09:00:15 -0400

The Fed, in yesterday's announcement on economic policy, vowed to keep rates low "for an extended period," helping stocks score solid gains across the board. read more »

SPY tests the high, as the VIX tests the low

deronwagner — Wed, 10 Mar 2010 08:20:51 -0500

After a day of tight, sideways consolidation, the major indices finished slightly higher yesterday. read more »

Led by Goldman, Securities Broker-Dealer ETF may be ready to break out

deronwagner — Fri, 05 Mar 2010 08:30:16 -0500

The main stock market indexes continued to consolidate in a tight, sideways range for the third straight day yesterday, as a touch of late-day strength enabled stocks to close moderately higher. read more »

Energy ETFs poised to breakout above key resistance levels

deronwagner — Thu, 04 Mar 2010 08:25:51 -0500

The major indices begrudgingly edged higher in the morning, floated back down in the morning, then closed near the flat line. read more »

Possible long entries in Insurance, Retail, and Biotech ETFs

deronwagner — Fri, 26 Feb 2010 08:28:59 -0500

A scary start turned into an encouraging finish yesterday, as stocks clawed their way back from sharp morning losses to finish only slightly lower. read more »

Gold stays strong, despite the U.S. Dollar strength

deronwagner — Mon, 22 Feb 2010 09:02:44 -0500

As is frequently the case on monthly options expiration days, last Friday's session was indecisive and non-committal, causing the broad market to finish near the flat line. read more »

Pullback buy entry into iShares Japan (EWJ)

deronwagner — Thu, 28 Jan 2010 08:30:17 -0500

After opening near the flat line, stocks traded in a narrow, sideways range ahead of the afternoon Fed announcement on interest rates and economic policy. read more »

ETF ideas for a market in transition

deronwagner — Mon, 25 Jan 2010 08:30:19 -0500

Stocks concluded the holiday-shortened week with a third consecutive plunge last Friday, causing the major indices to firmly slice through support of their 50-day moving averages. read more »

Back to the 50-day MAs

deronwagner — Fri, 22 Jan 2010 08:15:06 -0500

Building on the previous day's bearish momentum, stocks suffered another day of sharp losses that caused the major indices to slice through key short-term support levels. read more »

Energy ETFs poised to breakout

deronwagner — Thu, 21 Jan 2010 08:37:07 -0500

Unable to follow through on Tuesday's bullish reversal action, stocks opened lower and sold off sharply during the first 90-minutes of trading. By 11:15 a.m. read more »