Around the Horn: Stocks to Watch for February 21

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By Adrian Manz | Published 02/21/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for February 21

A strong performance for the major indices last week has left the contra trend energies perched for a test of recent lows. On Tuesday, I will be keeping an eye on Apache (APA), Kinder Morgan (KMI), Quicksilver Resources (KWK) and Newfield Exploration (NFX). Each of these is in what I call a Switch Hitter pullback and look poised to make a move lower, particularly if fueled by a 50-period simple moving average bounce in the AMEX Oil & Gas Index (XOI.X).

Apache Corp

Kinder Morgan, Inc.

Quicksilver Resources, Inc

Newfield Exploration Co

In the Consumer (CMR.X) and Retail (RLX.X) sectors, look to Weight Watchers (WTW) and Carmax (KMX) for intraday pullback and continuation entry opportunities on continued market and sector strength.

Weight Watchers International, Inc.

Carmax, Inc.

Adrian Manz is the author of Around The Horn: A Traderâ�,��"�s Guide To Consistently Scoring In The Markets and is cofounder of TraderInsight.com. Email him at adrian@traderinsight.com.

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