Around the Horn: Extra Innings for May 9 |
By Julie Peterson-Manz |
Published
05/9/2007
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Stocks
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Unrated
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Around the Horn: Extra Innings for May 9
On Tuesday, May 8, 2007, we had fourStocks to Watch, two Extra Innings and twoAround the Horn subscription trade on our radar. Of these, one hit for profits, one was a loss and six were no-shows.
Exelon Corp (EXC) was a Sinker short setup for Tuesday’s Around the Horn subscription service. EXC hit our entry off the open and our initial profit target by mid-morning. Exit was at this target or below through the end of day with nearly a point of profits.
Exelon Corp
Metlife Inc. (MET) was an Infield Fly short setup for Tuesday’s Around the Horn subscription service. MET tagged our entry midday only to stop us out. I am working on a strategy to avoid this tag and drag in the future, so I will keep you posted!
Metlife Inc.
Extra Innings and Opportunities for Wednesday, May 9, 2007
No extra innings tonight- most of our trades have been blown out and we’ll be watching the market for more clear signs later in the week.
P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free membership.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.com.
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