NEW BULLISH Plays

Marriott Intl. - MAR - close: 42.59 change: +0.38

Stop Loss: 41.85
Target(s): 47.00
Current Gain/Loss: unopened

Entry on April -- at $--.--
Listed on April 13, 2013
Time Frame: exit PRIOR to earnings on May 1st
Average Daily Volume = 1.9 million
New Positions: Yes, see below

Company Description

Why We Like It:
Investors appear to be bullish on hotel giant Marriott. The stock has been building on a bullish trend of higher lows and higher highs. Friday saw a breakout to a new 52-week high. Shares are now testing resistance in the $42.75 area. A breakout past this level would mean new five-year highs.

I am suggesting a trigger to launch bullish positions at $43.00. If triggered our target is $47.00. However, we are planning to exit prior to MAR's earnings report on May 1st. More aggressive traders may want to hold over the announcement and aim higher. The $50.00 level looks like it could be significant resistance. The Point & Figure chart for MAR is bullish with a long-term $59.00 target.

Trigger @ 43.00

Suggested Position: buy MAR stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the May $42 call (MAR1318E42) current ask $1.50

Annotated chart:

Weekly chart:



NEW BEARISH Plays

Computer Sciences Corp. - CSC - close: 46.69 change: -1.82

Stop Loss: 48.20
Target(s): 42.00
Current Gain/Loss: unopened

Entry on April -- at $--.--
Listed on April 13, 2013
Time Frame: 4 to 6 weeks
Average Daily Volume = 1.5 million
New Positions: Yes, see below

Company Description

Why We Like It:
CSC is in the information technology industry. It's possible that the earnings miss from Infosys (INFY) on Friday could have weighed on shares of CSC. Shares of CSC certainly underperformed the market with a -3.75% decline and a breakdown under its 50-dma. Shares were already looking weak with a trend of lower highs.

Now that CSC has broken its up trend we want to consider bearish positions. I am suggesting a trigger to launch bearish positions at $46.00. If triggered our target is $42.00.

Trigger @ 46.00

Suggested Position: short CSC stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the May $45 PUT (CSC1318Q45) current ask $1.60

Annotated chart: