Monday we had four Stocks to Watch, one Extra Innings and three Around the Horn subscription service trades on our radar. Of these, one was a winner, one was a scratch to the upside, one was a loser and five were no-shows.
Las Vegas Sands Corp (LVS) was a Fastball short setup from Sunday night’s Stocks to Watch column. LVS hit our entry price mid-morning and traded down and through the S1 pivot level. Exit was mid afternoon on the cross back over the 8 period simple moving average.
Las Vegas Sands Corp
Extra Innings and Opportunities for Tuesday, May 8, 2007:
Tuesday we will be watching the following:
Amerisource Bergen Corp (ABC) was a Switch Hitter short for today that didn’t trigger. We’ll be watching again tomorrow.
AmeriSourceBergen Corp
Johnson Controls (JCI) made a move on the Infield Fly setup today, but we’ll be watching to see if there is any continuation tomorrow.
Johnson Controls
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