Tuesday, December 4, we had two Stocks to Watch and two Around the Horn subscription trades on our radar. Of these, two were profitable and two were scratches.

Men’s Wearhouse Inc (MW) was a Fastball short for Tuesday’s Around the Horn subscription trade list. MW hit our entry in the morning, trading swiftly down below the 50% to target level to the initial profit target. Exit was either at this level or, if partial shares remained, then either those remaining shares were closed out at the bounce back up to the 50% level, or if using a breakeven stop, then the trade was alive through noon, with an exit on a break-up from new intraday lows.

Men’s Wearhouse Inc (MW), 5-minute Chart


Bunge Ltd (BG) was a Fastball long for Tuesday’s Stocks to Watch trade list. The entry level was hit shortly after the open. BG, at over $120/share, climbed quickly in the morning’s trading and began to retrace these levels almost as quickly. Traders needed to stay sharp to exit the trade and protect $1-plus profits when BG started to retrace gains.

Bunge Ltd (BG), 5-minute Chart


Monday, December 3, we had two Stocks to Watch and three Around the Horn subscription trades on our radar. Of these, one was a loss, one was a scratch, one was a marginal profit and the other two were no-shows.

Marriot International Inc (MAR) was an Infield Fly short for Monday’s Around the Horn subscription trade list. MAR hit our entry almost an hour after the session began, but quickly settled into a trading range above our entry but below the stop loss level. In the afternoon, MAR began trading lower, but never reached its full potential, with an exit end of day.

Marriot International Inc (MAR), 5-minute Chart


Target Corp (TGT) was an Infield Fly short for Monday’s Around the Horn subscription trade list. TGT hit our entry early in the session began, but was never able to reach the 50% to target level at 59.23 where we pull the stop loss to breakeven. TGT went on to hit the stop loss level and exit was at this level.

Target Corp (TGT), 5-minute Chart


Extra Innings and Opportunities for Wednesday, December 5, 2007:

Brookdale Senior Living Inc (BKD), 30-Minute Chart


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