On Monday, we had six Stocks to Watch, four Around the Horn subscription setups, one Baltimore Chop and four Extra Innings on our screens. Of these, three hit for profits, one hit for a loss, two were scratch trades to the upside, and nine were no-shows.

Family Dollar Stores (FDO) was an Infield Fly setup in Monday’s Stocks to Watch column. FDO hit our entry out of the gate and traded down for much of the morning before consolidating just above S2. Exit was either at the pop back above S2 when FDO couldn’t stay below this level, or later in the day when FDO popped above the consolidation.

Clorox Co. (CLX) was a Baltimore Chop 2 Standard Deviation gap Monday morning. Entry was on a drop below the first five minute bar. Exit was either at the first reversal (1) or later when CLX broke above intraday support/resistance (2).

Federal National Mortgage (FNM) made its Extra Inning move today. Entry was below the central pivot shortly after the open. FNM declined much of the morning, finding support during the lunch hour and exit was at the pop up from this level.

Carnival Corp (CCL) was a subscription setup that tagged us in at the planned entry of 51.87 only to reverse up just below the planned stop loss at 52.42, and then back down again. Exit was end of day, when CCL ran out of time.

Extra Innings

CX tried again today, even under the adverse market conditions, so we’ll be watching it again tomorrow.

BEC formed a Backdoor Slider pattern today, and we’ll be watching for long follow through tomorrow.

Though not technically an Extra Inning, we will be watching NAV for weakness tomorrow below recent daily support/resistance after the Double Header move it made today.

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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at Julie@peterson-manz-trading.net.