Monday, November 19, we had two Stocks to Watch and one Around the Horn subscription trade on our radar. Of these, all three hit for profits.

Ryder Systems Inc (R) was a Fastball short for Monday’s Around the Horn subscription trade list. Entry was in the morning and it was a smooth decline to the profit target. If only partial shares were closed out, further profits were gained through the move with an exit end of day.

Ryder Systems Inc, 5 minute Chart


Cooper Industries Inc (CBE) was a Backdoor Slider short for Monday’s Stocks to Watch list. Entry was below 49.99 as per last night’s article and CBE hit this level in the morning, consolidating here for much of the morning. Late morning CBE began to trade down and continued for three hours. Exit was on a break-up from consolidation across the 8-period simple moving average.

Cooper Industries Inc, 5 minute Chart


US Airways Group Inc (LCC) was a Switch Hitter short for Monday’s Stocks to Watch list. Entry was off the open with profit opportunities all day.

US Airways Group Inc, 5 minute Chart


Extra Innings and Opportunities for Tuesday, November 20, 2007:

As all three of Monday’s stocks were in the money, we’ll be watching for further opportunities tomorrow.

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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.com.