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Around the Horn: Stocks to Watch for July 25
By Adrian Manz | Published  07/25/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for July 25

 

Mondayââ,¬â"¢s trading left us without any Around the Horn: Stocks to Watch triggers, as the market put in an impressive rally and managed to close above the July 19 high.

Tuesdayââ,¬â"¢s setups include a Line Drive in Amerisourcebergen Corp (ABC). The stock will be on our radar throughout the Tuesday session.

 

Amerisourcebergen Corp.

Also on Tuesdayââ,¬â"¢s watch list is Johnson Controls Inc (JCI). The stock made a Head and Shoulders / Fast Ball move lower on Thursday, and left a Switch Hitter on Monday.

Johnson Controls Inc

Earnings news helped push Merck & Co (MRK) significantly higher in a Line Drive move that has the stock at a new 52-week high. We will watch for sector strength to signal potential entry points.

Merck & Co.

Finally, Wyeth (WYE) generated multiple signals on Monday, leaving a Fast Ball and a Line Drive setup for Tuesdayââ,¬â"¢s trading.

Wyeth

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.