Editor's Note:

Additional Trading Ideas:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Many of these need to see a break past key support or resistance:

(bullish ideas) CCL, CTCT, GWRE, CRL, AN, WTR, HITK, OZRK, FCFS,

(bearish ideas) WPRT, MIND, PCAR, GNTX


NEW BEARISH Plays

Vulcan Materials - VMC - close: 37.70 change: -1.22

Stop Loss: 39.25
Target(s): 34.25
Current Gain/Loss: + 0.0%

Entry on September 05 at $ xx.xx
Listed on September 04, 2011
Time Frame: 3 to 4 weeks
Average Daily Volume = 444 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
Several stocks in the industrial goods sector were underperforming today. VMC is one of them with a -3.1% decline. Traders sold the bounce attempt this morning and VMC closed on its lows for the session, which doesn't bode well for tomorrow.

I am suggesting small bearish positions at the open tomorrow with a stop loss above today's high. I do consider this an aggressive, higher-risk trade because VMO has been so volatile in recent weeks. Plus, there is arguably potential support at the 300-dma, and at $35.00. Plus, VMC has yet to break the trend line (see chart) of higher lows. We're jumping in early before the breakdown. Our target is $34.25.

*Keep Position Size Small to Limit Risk*

Suggested Position: short VMC stock @ (the open)

Annotated chart: