Deron Wagner
|
Bookmark this Author
|
Deron Wagner is the Founder and Head Trader of both Morpheus Capital LP, a U.S. hedge fund, and Morpheus Trading Group, a trader education firm launched in 2001 that provides daily technical analysis of the leading ETFs and stocks. Mr. Wagner teaches his trading methodology to nearly 3,000 subscribers of his free weekly newsletter, The Wagner Weekly, and is also well-known in the trading community for his subscription-based newsletter, The Wagner Daily, which provides daily technical analysis of ETFs and educational broad market commentary. In addition to publishing his daily commentary and analysis through Morpheus Trading Group, his work appears daily on several popular financial web sites.
Mr. Wagner also appears on his best-selling video, Sector Trading Strategies (Marketplace Books, June 2002), and is co-author of both The Long-Term Day Trader (Career Press, April 2000) and The After-Hours Trader (McGraw Hill, August 2000). He is also a regular contributor to Stock Futures and Options magazine, and has also written for Active Trader magazine. Past television appearances include CNBC, ABC, and Yahoo! FinanceVision. He is a frequent guest speaker at various trading and financial conferences around the world and can be reached by sending an e-mail to deron@morpheustrading.com or by visiting MorpheusTrading.com.
|
Articles by this Author
»
The Wagner Daily ETF Report For May 29
The charts of the S&P, Dow, and Nasdaq continue to look as though they could resume last week's weakness at a moment's notice.
|
»
The Wagner Daily ETF Report For May 28
Tuesday's gain in the Nasdaq may seem encouraging, but a closer look at yesterday's action reveals unimpressive performance. Many of the top-gaining stocks were those with mediocre chart patterns, in industry sectors that were merely bouncing from positions of weakness.
|
»
The Wagner Daily ETF Report For May 27
The main stock market indexes are showing strong divergence. The Nasdaq is holding support of its intermediate-term uptrend and will likely attempt to bounce. Unfortunately, the bulls may find that relative weakness in the S&P and Dow prevents the Nasdaq from rallying for long.
|
»
The Wagner Daily ETF Report For May 23
Because the broad-based stock market indexes are clinging to support of their May 21 lows, it's unlikely traders will feel good about stepping in to aggressively buy ahead of the three-day holiday weekend.
|
»
The Wagner Daily ETF Report For May 22
Tuesday's fifth day of institutional selling undoubtedly had a role in convincingly tipping the balance of power to the bears yesterday, causing stocks to suffer another "distribution day."
|
»
The Wagner Daily ETF Report For May 21
A one-day close below a trendline does not confirm a definitive break of support, but the Dow could quickly build on its bearish momentum if it closes below yesterday's low.
|
»
The Wagner Daily ETF Report For May 20
Deron Wagner's analysis of the banks, insurance companies, and securities broker-dealers shows they may again be ready to resume their primary, long-term downtrends.
|
»
The Wagner Daily ETF Report For May 19
Now that the S&P and Dow have come this far, Deron Wagner could at least expect an intraday probe above their 200-day MAs. Rarely will a breakout above the 200-day MA be successful on the first attempt. Rather, it's common to close above the 200-day MAs for one or two days, attract the "late to the party" bulls, then fall back down a few sessions later.
|
»
The Wagner Daily ETF Report For May 16
Although it's been correcting since reaching its all-time high in March of this year, the StreetTRACKS Gold Trust (GLD) may be ready to resume its long-term uptrend.
|
»
The Wagner Daily ETF Report For May 15
Though the stock market has not yet proven it has formed an intermediate-term top, the bears have been regaining more control since last week's correction began.
|
|