Dr. Adrian Manz shares four stocks that he'll be watching for September 10 trading.
We will keep it light ahead of the FOMC announcement this week, but Infield Fly candidate Anglogold Ashanti (AU) will be on our list of potential short sales on Monday.
Anglogold Ashanti
In the chemicals, Cabot Corp (CBT) left a Fast Ball setup on Friday and is also a potential short sale on further weakness during Monday’s trading.
Cabot Corp
Information technology was also not immune to the Friday carnage, with Fidelity National Information Services (FIS) another Fast Ball short sale candidate.
Fidelity National Information Services
On the long side, Aerospace and Defense stock Raytheon Co. (RTN) left a Switch Hitter and may see further upside if the sector rallies on Monday.
Raytheon Corporation
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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.