Around The Horn: Extra Innings For January 28 |
By Julie Peterson-Manz |
Published
01/28/2009
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Stocks
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Unrated
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Around The Horn: Extra Innings For January 28
Tuesday, January 27, 2009, we had one Around the Horn premium trades and two Stocks to Watch trades on our radar. None of these hit today. Monday, January 26, 2009, we had two Around the Horn premium trades, two Extra Innings and three Stocks to Watch trades on our radar. Of these, two had profit opportunities and the rest were no-shows or a scratch to the upside.
NBTY Inc (NTY) was a Backdoor Slider long Around the Horn premium trade for Monday. NTY traded to our entry level mid-session and consolidated at this level for the rest of the session. Exit was end of day as NTY ran out of time.
NBTY Inc (NTY), 5-Minute Chart
DST Sys Inc (DST) was an Extra Inning short for Monday. DST had a couple good pivot plays, or one long one, depending on your trading philosophy.
DST Sys Inc (DST), 5-Minute Chart
Magellan Midstream Partners LP (MMP) was an Extra Inning long for Monday. MMP also had a good pivot play shortly off the open with an exit beyond the R2 pivot level.
Magellan Midstream Partners LP (MMP), 5-Minute Chart
Extra Innings and Opportunities for Wednesday, January 28, 2009:
Amdocs LTD (DOX), 30-Minute Chart
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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.
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