Around the Horn: Stocks to Watch for September 15

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By Adrian Manz | Published 09/15/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for September 15

On Thursday, Switch Hitter Alcan Inc (AL) made a Fast Ball run for the border. The stock will be on the radar again on Friday as we will be watching for a continuation of the basic materials meltdown.

Retailer Best Buy Inc (BBY) is benefiting from the huge decline in oil prices as consumers are feeling a little richer and are expected to distribute some of their newfound wealth to the consumer electronics industry. The stock left a Backdoor Slider on Thursday and will be on our watch list on Friday.

Alcan Inc.

Best Buy Inc.

Canadian National Railway Co (CNI) left a Switch Hitter short sale setup just below the 50-period simple moving average on Thursday and seems to be ready for a retest of Mondayâ�,��"�s lows.

Canadian National Railway Co

Driller Questar Corp (STR) had a Fast Ball decline on Thursday and should participate in any selloff in the oils on Friday as well.

Questar Corp.

Walgreen Co (WAG) reversed some of yesterdayâ�,��"�s huge volume selloff leaving a daily Switch Hitter long setup just above the 20-period simple moving average going into the Friday session.

Walgreen Co

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

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