Tuesday, January 20, 2009, we had two Around the Horn premium trades, one Extra Inning and three Stocks to Watch trades on our radar. Of these, two had profit opportunities and the rest were no-shows.

Neustar Inc (NSR) was a Fast Ball short Around the Horn premium trade for Tuesday. NSR opened and traded to our entry level and traded lower to a consolidation around the 50% to Target Level. End of day NSR traded lower to the Initial Profit Target. Exit was at this level.

Neustar Inc (NSR), 5-Minute Chart


Clorox Co (CLX) was a Switch Hitter short Stocks to Watch trade for Tuesday. There were a couple of profitable entry opportunities in CLX. The first was on a trade below the Central Pivot with a target of the S1 or S2 Pivot. Another opportunity presented itself below S1 with an exit end of day.

Clorox Co (CLX), 5-Minute Chart


Extra Innings and Opportunities for Wednesday, January 21, 2009:

Today both of the above shorts hit for profit opportunities and our longs did not close near their highs. I will watch for more opportunities tomorrow.

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