Around the Horn: Stocks to Watch for March 15

Popular Articles

By Adrian Manz | Published 03/15/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for March 15

On Tuesday, both Getty Images (GYI ) and CarMax (KMX) showed up for duty and performed exactly as I had hoped last night. GYI left a Fast Ball expansion for a second day in a row, and I will use it again on Wednesday.

Getty Images

Property and casualty insurance company Loews Corp. (LTR) appears to be heading for a retest of recent highs. We will keep the stock and the S&P Insurance Index (IUX.X) on the radar throughout Wednesdayâ�,��"�s session. Insurance stocks can be tricky trades, so I will only look to initiate a trade with index confirmation.

Loews Corp.

McGraw Hill (MHP) made a Fast Ball (type 2) break out of a high level consolidation on Tuesday. I will be watching for an extension with volume confirmation on Wednesday. The stock is at new highs, so caution will be the operative concept on any entry.

McGraw Hill Cos. Inc.

In oil and gas (XOI.X), Noble Corporation pushed through recent resistance and seems poised for a push higher on Wednesday.

Noble Corp.

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

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.