Around the Horn: Stocks to Watch for November 13

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By Adrian Manz | Published 11/13/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for November 13

On Monday, we will watch Las Vegas Sands Corp (LVS) for a potential Sinker short entry. The stock continued to make new highs on Friday, but showed signs of weakening as large sellers hit the stock late in the day. We will look for an attempted move higher to fail prior to establishing any new position.

Thermo Electron Corp (TMO) is also set up for a potential Sinker move lower on the heels of Fridayâ�,��"�s wide range outside day.

We will also be watching a Backdoor Slider setup in Supervalu Inc (SVU). The stock needs to break cleanly above the Thursday high in order to make for a viable trade, but the setup looks to be a viable continuation candidate.

Las Vegas Sands Corp

Thermo Electron Corp

Supervalu Inc

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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