This article is for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade/investment.

Wait, we are in the month of April?

Weren’t we ushering in the New Year not too long ago?

Many events have taken place from the 1st day of 2026. Internationally, we’ve witnessed the capture of Venezuela’s sitting president, the war in the Middle East, and imported inflation as a result of the ongoing war.

As the war in the Middle East drags on, will things improve? Will the stock market continue to drop like a stone?

I wish I had the answers to share with you. Without knowing the future, I’m relying on my trading system and tool to tide me through. These 2 stocks have caught my attention as I scanned the stock market. 

But before I share the stocks that I’ve uncovered, you may want to review the performance of the 2 stocks shared in March.

Morningstar (NASDAQ: MORN)

Source: morningstar.com

1. About the Company

Morningstar is a world-renowned investment research company founded in 1984. The company’s aim was to interpret data and transform it into words and visuals that are clear to anyone.

Soon, the company begun rating funds, making it easy for the layperson to evaluate at a glance. Investors loved its services, its credibility grew, and so did its business.

As the world moved towards the digital age, Morningstar didn’t stay put. It invested enormous amounts of money for its digital platform and acquired companies to meet the demands of investors worldwide.

Today, Morningstar remains the go-to platform for research on the financial markets.

But, is it a good idea to be buying its shares for a position trade?

2. Position Trading (Daily)

Looking at the chart of Morningstar, can you tell that traders and investors aren’t optimistic of the company’s performance?

This can be easily inferred from the strong downtrend of its share price, which can be told by comparing the number of red candles (outlined or solid) against the number of blue candles (outlined or solid). 

You won’t need to put on Moving Averages or draw trendlines to help you decide. When there are more red candles, it indicates that the stock is in a downtrend. 

Seeing that the shares of Morningstar are in a solid downtrend, I’ll want to be on the lookout for a shorting opportunity.

This brings me to the 2 proprietary indicators I have on my chart – the red arrow and Trend Impulse Factor.

Do you notice a red arrow above the latest candle of Morningstar?

This tells us that a fresh bearish move is here!

Before I get carried away, let’s have a look at what the Trend Impulse Factor tells us.

Its bar is dark green in color. What does this mean?

This suggests that this fresh bearish move might not sustain for now, thus I’ll want to wait for it to turn dark green before shorting its shares for a position trade.

TG Therapeutics (NASDAQ: TGTX)

Source: tgtherapeutics.com

1. About the Company

TG Therapeutics is a healthcare company that engages in the acquisition, development, and commercialization of novel treatments mainly for autoimmune diseases.

It’s a relatively young company, founded in 1993. The company has operations in the US, UK and Australia.

Shortly after its establishment, the company went public. That allowed TG Therapeutics to expand rapidly through high-level partnerships.

The media has caught wind of its fast growth, ranking TG Therapeutics as the number 1 fastest-growing company in North America on the 2024 Deloitte Technology Fast 500 list.

With such an accolade to its name, should I buy its shares for a position trade?

2. Position Trading (Daily)

Without the need for Moving Averages or other charting tools, can you tell that the share price of TG Therapeutics is in a mighty uptrend?

This can be easily inferred from comparing the number of blue candles (outlined or solid) against the number of red candles (outlined or solid). When the majority of the candles are in blue, the stock is in a strong uptrend. 

To increase your chances of success, look for a buying opportunity.

But, timing is important. You don’t want to get stuck with a stock that doesn’t bring you a return.

To help you better time your entry, 2 proprietary indicators have been formulated. They are the green arrow and Trend Impulse Factor.

With the sight of the green arrow under the latest candle of TG Therapeutics, this is a fresh bullish move.

Will I rush to buy its shares for a position trade?

Let’s take a look at what the Trend Impulse Factor indicator suggests.

Do you see that the color of its bar is dark green?

This means that this fresh bullish move is sustainable. Thus, I’ll want to buy its shares for a position trade.

Conclusion

With the war in the Middle East going on, uncertainty lingers in the air.

But this doesn’t mean that there isn’t potentially good position trading opportunities to be seized.

After scanning the market, I’ve uncovered these 2 excellent candidates for a position trade – Morningstar and TG Therapeutics.

A fresh bullish move has emerged for TG Therapeutics while a fresh bearish move has emerged for Morningstar.

However, the momentum isn’t as strong as I’d like for Morningstar, as indicated by the Trend Impulse Factor indicator, while the bullish momentum for TG Therapeutics is strong. 

I’m waiting for the bar of the Trend Impulse Factor indicator on the chart of Morningstar to turn dark green to tell me that its shares are ripe for a position trade.

Trading stocks without a proper system can be highly risky. This is why the TradersGPS (TGPS) system was created. The indicators will help you determine if a stock is ready for action to be taken. You won’t have to feel in the dark and make wild guesses.

What are your thoughts?

Share your thoughts with me below!