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Around the Horn: Stocks to Watch for August 1
By Adrian Manz | Published  08/1/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for August 1

 

On Tuesday, we will be watching for a continuation move in Switch Hitter candidate AMBAC Financial Group Inc (ABK). The stock pulled back to the 20-period simple moving average and has room for another upside thrust.

Bard CR (BCR) is a Switch Hitter short candidate.   We will look for a confirming move in Healthcare (HCX.X) prior to establishing any position.


AMBAC Financial Group Inc

Bard CR

Burlington Northern Santa Fe Corp (BNI) and Norfolk Southern Corp (NSC) will be on the radar once again for Switch Hitter continuation moves lower.

Burlington Northern Santa Fe Corp

Norfolk Southern Corp

Finally, Global Payments Inc (GPN) left a Double Header on the daily chart on Monday. We will look for opportunities to short the stock on weakness below the Monday session low.

Global Payments 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.