The markets did not give us much to work with this weekend, as choppy trading on Friday and mixed market internals failed to provide good indications of Mondayââ,¬â"¢s probable direction.
Stocks on the radar for Monday include Health Care REIT (HCN). The stock left a Switch Hitter pullback low on Friday, and may attempt to resume its recent uptrend on Monday. We will watch the index ($REI) on Monday for signs of positive price action.

Health Care REIT

IndyMac Bancorp Inc (NDE) made a freefall Fast Ball move thru the 50-period Simple Moving Average on significantly increased volume. We will look for an extension move on Monday.
IndyMac Bancorp Inc

In the utilities. Oneok Inc. (OKE) had a Switch Hitter reversal day on Friday and could be preparing for a retest of last Tuesdayââ,¬â"¢s high.
Oneok Inc

We will also be watching Resmed Inc (RMD) for an upward continuation out of the soft Switch Hitter pattern the stock left on Friday.
Resmed Inc

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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.