Around the Horn: Stocks to Watch for April 11

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By Adrian Manz | Published 04/11/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for April 11

On Monday, traders who are not intimidated by an opening gap had plenty to cheer about as a three point move in Cigna (CI) started shortly after the bell and never looked back. That's what I call getting a Holiday shortened week off to a good start.

On Tuesday, Beckman Coulter will be on the radar around here once again, as I will look to capitalize on Mondayâ�,��"�s Fast Ball expansion of range and volume.

Beckman Coulter

Burlington Northern Santa Fe Corp (BNI) wrapped up a Switch Hitter bounce off the 20 period simple moving average on Monday, and looks as though it has the potential to move higher during the Tuesday session.

Burlington Northern Santa Fe Corp

Michaels Stores (MIK) will also be on our watch list on Tuesday. The stock broke the 20 period simple moving average and has plenty of downside room before it finds support.

Michaels Stores Inc.

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.

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