Categories
Search
 

Web

TigerShark
Popular Authors
  1. Dave Mecklenburg
  2. Momentum Trader
  3. Candlestick Trader
  4. Stock Scalper
  5. Pullback Trader
  6. Breakout Trader
  7. Reversal Trader
  8. Mean Reversion Trader
  9. Frugal Trader
  10. Swing Trader
  11. Canslim Investor
  12. Dog Investor
  13. Dave Landry
  14. Art Collins
  15. Lawrence G. McMillan
No popular authors found.
Website Info
 Free Festival of Traders Videos
Article Options
Popular Articles
  1. A 10-Day Trading System
  2. Use the Right Technical Tools When You Trade
  3. Which Stock Trading Theory Works?
  4. Conquer the Four Fears
  5. Advantages and Disadvantages of Different Trading Systems
No popular articles found.
Around the Horn: Stocks to Watch for April 20
By Adrian Manz | Published  04/20/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for April 20

Oil saved the day on Wednesday, as a couple of trading mishaps had me scrambling to get even early in the session. Newfield (NFX) and Quicksilver Resources (KWK) made large range moves, while Eastman Chemical (EMN) required the discipline of patience and second entry to ring the bell. Health Net (HNT) also from yesterdayââ,¬â"¢s Around the Horn: Stocks to Watch frustrated us all day and closed almost exactly at the entry price. As for the rest of the day, choppy markets early on made for temptation as many of the Intraday Trading Plan stocks appeared to be in tradeable pullbacks, only to trigger and then stop out almost immediately. No guarantees in trading or baseball I guess. I am certain Mr. Steinbrenner would agree.

On Thursday, Apache Corp (APA) appears to be worth a look as the intraday price movement on this Line Drive seems to be pointing to some pullbacks that might lead to profitable entries for me.

Apache Corp

Among the drillers, Ensco International (ESV) looks interesting as well.   The stock will need to pull back or form a base on Thursday in order to set a sensible stop, but that being said, it will be on my radar.

Ensco International, Inc.

I will also keep an eye on Anglogold (AU) and Meridan Gold Inc (MDG) for a follow through move.

Anglogold Limited ADS

Meridan Gold 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.