Commentary
Around the Horn: Stocks to Watch for January 11
By Adrian Manz
Jan 11, 2007, 10:30

On Thursday, the Home Builders (HGX.X) will be on our watch list.  We will be particularly interested in Beazer Homes (BZH) which is in a Backdoor Slider consolidation right on the 20-period simple moving average.  If the builders show weakness, we will be on the lookout for a short opportunity in the stock.

Cooper Companies Inc (COO) made a Fast Ball expansion of range and volume Wednesday, and we will have it on screen for a possible continuation entry Thursday.

Energizer Holdings Inc had a second consecutive Fast Ball day Wednesday.  We will be ready to buy the stock on any tradeable pullback and continuation on Thursday.

General Growth Properties Inc (GGP) was a trading plan Line Drive on Wednesday.  The stock followed up with a Fast Ball setup that still looks to have upside potential.

Additional Sinker opportunities may exist in Public Storage Inc (PSA), Stryker Corp (SYK), and Thermo Electron Corp (TMO).

Beazer Homes

Cooper Companies Inc

Energizer Holdings Inc

General Growth Properties Inc

Public Storage Inc

Stryker Corp

Thermo Electron Corp

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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.

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