NEW BULLISH Plays

PolyOne Corp. - POL - close: 30.53 change: +0.54

Stop Loss: 29.25
Target(s): 34.50
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 28, 2013
Time Frame: 4 to 6 weeks
Average Daily Volume = 412 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
POL is in the specialty chemical industry. The stock looks healthier than the broader basis materials sector. On a long-term basis (about the last 18-months) POL has been trading in a bullish channel. Short-term the stock hit new all-time highs about two weeks ago with the rally to $30.00. Then as the market retreated POL consolidated sideways.

Shares displayed relative strength on Friday with a +1.8% gain and a new all-time high. We want to jump on board if this rally continues. Friday's intraday high was $30.62. I am suggesting a trigger to buy POL at $30.75. If triggered our target is $34.50.

Trigger @ 30.75

Suggested Position: buy POL stock @ (trigger)

Annotated chart:



The TJX Companies - TJX - close: 56.47 change: +0.00

Stop Loss: 55.40
Target(s): 62.00
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 28, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.1 million
New Positions: Yes, see below

Company Description

Why We Like It:
Wall Street is worried that the slow-growth economy and a fragile consumer is hurting retail sales. The exception is the discount retailers and off-price apparel stores. TJX happens to be one of the larger off-price retailers.

The stock hit new all-time highs on the market's post-FOMC meeting spike. The pullback has been mild and traders started buying the dip at its rising 10-dma. We believe the up trend continues. I am suggesting a trigger to launch bullish positions at $56.75.

Our $62.00 target might be a little aggressive. More conservative investors may want to exit near $60.00.

Trigger @ 56.75

Suggested Position: buy TJX stock @ (trigger)

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

Buy the 2014 Jan $60 call (TJX1418a60) current ask $1.10

Annotated chart: