Around The Horn: Extra Innings For November 3 |
By Julie Peterson-Manz |
Published
11/3/2008
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Stocks
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Unrated
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Around The Horn: Extra Innings For November 3
Friday, October 31, we had six Around the Horn subscription trades, five Stocks to Watch and Extra Innings on our radar. Seven of these had profit opportunities.
Aegean Marine Petroleum Network (ANW) was a Switch Hitter short for Friday’s Around the Horn subscription trade list. ANW hit the entry level shortly after opening and traded down to the 50% to target level before reversing. A second entry was possible later in the session and this one ambled along until trading lower end of day. Exit was end of day.
Aegean Marine Petroleum Network, 5-Minute Chart

Herbalife LTD (HLF) was a Switch Hitter short for Friday’s Around the Horn subscription trade list. HLF hit the entry level shortly after opening and traded down below the S1 pivot to the initial profit target level before reversing. Exit was at the reversal at the profit target.
Herbalife LTD, 5-Minute Chart

Several of the Stocks to Watch (shorts in Ameriprise Financial Inc, AMP; Cigna Corp, CI; Energizer Holdings Inc, ENR; Hartford Financial Services Group Inc, HIG) and one of the Extra Innings (long in Potlach Corp, PCH) also had profit opportunities for Friday, as seen below:
Potlatch Corp, 5-Minute Chart

Ameriprise Financial Inc, 5-Minute Chart

Cigna Corp, 5-Minute Chart

Energizer Holdings Inc, 5-Minute Chart

Hartford Financial Services Group Inc, 5-Minute Chart

Extra Innings and Opportunities for Monday, November 3, 2008:
McKesson Corp, 30-Minute Chart

Hartford Financial Services Group, 30-Minute Chart

Harley Davidson, 30-Minute Chart

P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it for one week for $5. Click here to start receiving our best trading setups for every trading day.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.
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