On Tap For Tue Dec 12, 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 news on other stocks that come out overnight or in the morning, so I may be trading those stocks as well.

Here's the list:

• Safeway Inc. (SWY) had a strong day today as it announced a dividend increase and a stock buyback program; it's making new multi-year highs and there was a bullish mention by Cramer
• Texas Instruments Incorporated (TXN) lowered it's Q4 outlook in after hours
• Best Buy Co., Inc. (BBY) and Dollar General Corp. (DG) are reporting before the open tomorrow
• Corning Incorporated (GLW) has made it's way down near support at $20.00 - I'm watching this level
• Time Warner Inc. (TWX) burst upwards and looked strong today
• Citigroup Inc. (C) and DIRECTV Group Inc. (DTV) continued to show strength today - I'll probably be actively trading both of these issues tomorrow
  
• Motorola Inc (MOT) is probing support at $21.00 - I'm watching for this level to break (if it does)
  
• The Kroger Co. (KR) gapped up last week and after a slight pullback, it appears to be on the move again
• Continental Airlines Inc. (CAL) was very strong today after talk of possible bids/mergers involving UAL Corp. and Delta Airlines - it's making 52-week highs

Remember folks, tomorrow there is the FOMC announcement at 2:15PM, so keep your heads up! Good luck all and happy trading!