On Wednesday, May 23, 2007, we had four Stocks to Watch, two Extra Innings and four Around the Horn subscription trades on our radar. Of these, one hit for profits, two were scratches and seven were no-shows.
Meritage Homes Corp (MTH) was an Infield Fly short for Wednesday’s Around the Horn subscription setups. MTH gapped opened at our entry level and ran up through R1 to our initial profit target. MTH stretched briefly up past this level, but consolidated below the high. Exit was at this consolidation level at the initial profit target.
Bunge Ltd
Extra Innings and Opportunities for Thursday, May 24, 2007
Anheuser-Busch
Lockheed Martin
Oneok Inc
W-H Energy Services
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