Wednesday, April 2, we had two Stocks to Watch, one Extra Inning and two Around the Horn trades on our radar. Of these, two were profitable, one was a scratch trade and two were no-shows.

Gamestop Corp (GME) was a Line Drive long for Wednesday’s Around the Horn subscription trade list. GME hit our entry in the morning and traded steadily higher to our initial profit target, and exit, before reversing.

Gamestop Corp (GME), 5-Minute Chart


Snap-On Inc (SNA) was a Fastball long for Wednesday’s Stocks to Watch trade list. SNA also hit our entry level off a gap open and traded higher. Exit was on the pullback from this run-up, either early on, or later off the failure to make new highs.

Snap-On Inc (SNA), 5-Minute Chart


Extra Innings and Opportunities for Thursday, April 3, 2008:

No Extra Innings for tomorrow- I will look for more tomorrow.

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