An NYSE Scalper's Tale - A Trader's Diary

Sunday, December 10, 2006

On Tap For Mon Dec 11, 2006

The following are some of the NYSE stocks that I will be keeping an eye on and possibly trading tomorrow. Obviously there may be other news that come out overnight or in the morning, so I may be trading those stocks as well.

With that, here's what's on tap for Mon December 11, 2006:
  • Time Warner Inc. (TWX) made a good move upwards on Friday and looks to test multi-year highs; I'm watching the $21.00 level
  • Motorola Inc. (MOT) has made it's way back down to support at $21.00 - I'm going to watch for this level to break
  • AT&T Inc. (T) and BellSouth Corporation (BLS) are very near significant 52-week high levels of $35.00 and $46.00 respectively
  • Citigroup Inc. (C) burst through resistance and made new multi-year highs amid market rumors on Friday; over the weekend it was also rumored they were bidding for Egg Internet Bank for up to $1.9 billion - I'm keeping this one on my radar
  • Bank of America Corporation (BAC) was down on Friday after it was speculated that it may buy up Barclay's - BAC has been downtrending and is now approaching support at the $51.00 level
  • Southwest Airlines Co. (LUV) was said to be trading at a discount according to a Barron's article over the weekend
  • DirecTV Group Inc. (DTV) continues to look strong so I will be closely watching this stock
  • Duke Energy Corporation's (DUK) board OKed the spinoff of Spectra Energy late Friday - DUK is trading near multi-year highs

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