It looks to be a light week in the stock market, with a holiday, inauguration day, and no significant economic reports. What do the professional traders of TraderInsight.com think?

Here’s the list of 5 stocks our professional traders will be watching this week:

Anglogold (AU), Harmony (HMY), Agnico Eagle (AEM), Genentech (DNA), Myriad (MYGN)

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Adrian Manz, Stock Day Trader

The indices put in a nice bounce this past week as the Dow Jones Industrial Average briefly penetrated the 8,000 floor, setting off a flurry of automated long-side entries and pushing the widely followed index back to the lower boundary of its recent trading range. This week promises more of the same choppy trading that has characterized stock price action for the past 10 sessions. The mornings whipsaw wildly, leaving only lunchtime and afternoon trading as a respite of tradeable intraday trend action. My guess is that inauguration Tuesday will be pretty light and erratic, with earnings providing direction for the rest of the week.

We will definitely be watching the Metals and Mining stocks Tuesday and Wednesday, with Anglogold (AU), Harmony (HMY) and Agnico Eagle (AEM) for possibly producing constructive price action. In the Biotechs, Genentech (DNA) and Myriad (MYGN) offer long-side entry opportunities on broader sector and index strength.

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Tom Incorvia, Stock Swing Trader

On Thursday of last week, the Dow Jones Industrial Average was drawn to the 8,000 number like a moth to a flame. After barely touching the mark, the buyers took hold and pushed the markets higher. Friday saw an anemic follow-through, which lends to the theory that a retest of the November lows may be investigated over the next few weeks.

The beginning of this week may be filled with optimism as Barack Obama takes office. The financial markets will be listening for any hints on his economic policy plans. The week could be quiet as there are no major economic releases scheduled.

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Art Collins, Index Futures Trader

We're obviously not going to see the classic "buy-the-rumor, sell-the-fact" scenario I've been imagining, so let's return to the drawing board. Maybe someone stole our paper because I'm not seeing much. On the one hand, it could be argued that there have been recent dips that have retained some of their former shock value, but "some" possibly tells the story. These dips not only have not been as harrowing as last quarter, but they've been rallying off the lows as we saw Thursday and Friday. One might even argue that the market is retaining some of its recent resilience. A net 500 point Dow drop since last year's close is not exactly an overwhelming bear triumph given the current environment.

The bottom line is that inauguration day is going to probably result in thin volume, at least on Tuesday, and I would imagine we'll continue to see choppiness as the Obama factor gets weighed and re-evaluated. I'm moderately friendly to the market on Tuesday, and slightly convinced that we'll see a lower weekly close. Thursday's lows are the most important prices of the week. You don't want to see them penetrated if you're bullish.

Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.