Eight stocks triggered trades, but nothing went to the target. We just didn't see enough follow-through today. It was certainly a possibility, especially after two strong trending days in a row.

Trailing stops kept the day positive. I like to look for a pullback of at least 20 cents from the current price to move my stop under. Sometimes we don't get that. I like to move my stop to breakeven, regardless of a pullback, if I get 20-cent pop from the entry price. If we've already moved the stop to breakeven and there isn't a good pullback to trail the stop, an inflection point can be used. Pulling in the stop towards yesterday's high in KBR is an example from today.

AIZ LONG 49.28 49.38 $0.10 Trail hit.
DPS LONG 49.61 49.67 $0.06 Trail hit.
FBHS LONG 43.11 42.81 $(0.30)
FBO LONG 65.03 65.03 $-
HCN LONG 77.02 76.90 $(0.12) Exit end of day.
KBR LONG 32.49 32.73 $0.24 Trail hit.
RHI LONG 35.27 35.40 $0.13 Trail hit.
BVN SHORT 17.98 17.89 $0.09 Exit end of day.

Total of $0.20 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $200 gross earnings for the day.

Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session.

Entries, targets, and stops are based on the day's likely inflection points, and natural support and resistance. Avoid trade until bid/ask spread narrows.

Partial or unedited list of setups. Complete or edited list goes out by email. Subscribe to the distribution list here.

Bullish Long-Side Setups

AEM Agnico Eagle Mines Ltd
BAX Baxter Intl
CBST Cubist Pharmaceuticals
TDC Teradata Corp

Bearish Short-Side Setups

ACGL Arch Capital Group
AGCO Agco Corp
ATI Allegheny Technologies
CAVM Cavium, Inc.
CINF Cincinnati Financial
DRI Darden Restaurants
EPD Enterprise Products Partners
FLO Flowers Foods
HD Home Depot Inc
HDB Hdfc Bank ADS
HRS Harris Corp
IP Intl Paper
KBH KB Home
KMX CarMax Inc
LRY Liberty Property Trust
MMP Magellan Midstream Partners LP
MPC Marathon Petroleum Corp
NOV National Oilwell Varco Inc
OKS Oneok Partners L.P.
OSK Oshkosh Corporation
PKG Packaging Corp America
TEN Tenneco Inc
TPX Tempur-Pedic Intl
TRW Trw Automotive Hldg
VR Validus Hldgs Ltd
WYN Wyndham Worldwide Corporation
XLNX Xilinx Inc

Additional stocks may be posted in the Live Trading Room in the morning. The room opens at the opening bell. There is no pre-market analysis or chat, because pre-market data has no effect on how or what I will trade. There are typically no trades within the first 15 minutes of the market session. Request your free invitation to the trading room here.

Dave Mecklenburg is Publisher of TigerSharkTrading.com.