Around the Horn: Nightly Review |
By Julie Peterson-Manz |
Published
01/30/2007
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Stocks
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Unrated
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Around the Horn: Nightly Review
On Tuesday, we had five Stocks to Watch and three Around the Horn subscription trades. Of these, two hit for profits, three were scratches, and three were no-shows.
Teekay Shipping (TK) was a Fast Ball long setup on Tuesday’s subscription Around the Horn service. TK hit the entry price within the first hour of trading and with little interruption, continued until end of day.
Teekay Shipping
Abbot Laboritories (ABT) was a Switch Hitter setup on Tuesday’s subscription Around the Horn service. ABT hit the entry off the open only to consolidate for the remainder of the day on the R1 pivot at the 50% to target level. Entry was end of day.
Extra Innings for Wednesday, January 31st:
DHR was a Backdoor Slider on Tuesday’s Stocks to Watch List. It didn’t trigger a short entry, so on Wednesday we’ll be interested in a move either way.
DHR
LYO was a Line Drive long setup on Tuesday’s Stocks to Watch List. It didn’t trigger Tuesday, so Wednesday we’ll be watching LYO for continuation.
LYO
SYY was a Fast Ball short setup on Tuesday’s Stocks to Watch List. It didn’t trigger Tuesday, and Wednesday I will be watching both directions, as SYY may retrace the Monday’s move.
SYY
P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free two-week membership.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at Julie@peterson-manz-trading.net.
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