Editor's Note:
On Friday we had an airline play and an automotive play hit some bullish targets. Those winners were ALK and Ford. RMD hit our trigger to open positions. I'm dropping STX as a candidate. There are updated stop losses for ALK, FLIR, MTW, SNE, and WWE.

Don't forget that we only have two weeks left before January options expire. The market has been consolidating sideways the past few days. If stocks see a breakdown lower it's going to crush all of our January call values. You may want to start taking some money off the table early. Any time premium is going to decay pretty quickly.

-James

Current Portfolio:


BULLISH Play Updates

Automatic Data Processing - ADP - close: 48.11 change: +0.11

Stop Loss: 45.45
Target(s): 49.75, 52.50
Current Gain/Loss: + 2.9%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: ADP extended its gains on Friday. The stock is up four of the last five days and shares closed at new three-year highs on Friday. There is no change from my prior comments. If you're looking for a new entry point I'd wait for a dip near $47.00. Keep your position size small to limit your risk.
FYI: The Point & Figure chart for ADP is forecasting a bullish price target of $66.00.

Current Position: Long ADP stock @ $46.75

- or -

Long the 2011 February $45.00 call (ADP1119B45) Entry @ $2.00

01/03: Entry @ $46.75
01/01: New stop loss @ 45.45
01/01: New entry point @ current levels, new option strike (Feb. $45)

chart:

Entry on January 3 at $46.75
Earnings Date 01/26/11 (unconfirmed)
Average Daily Volume: 2.8 million
Listed on December 16th, 2010


Alaska Air Group - ALK - close: 62.72 change: +3.02

Stop Loss: 57.75
Target(s): 59.75, 64.90, (option exit 61.75)
Current Gain/Loss: +14.2%
Time Frame: 8 to 9 weeks
New Positions: see below

Comments:
01/08 update: Wow! Friday was a big day for ALK. Shares broke out past $60.00 and surged to new all-time highs! We had a target to sell our January calls at $61.75, which was hit before lunchtime on Friday. The option was trading near $3.00 (+87.5%) and hit an intraday high of $3.80.

I am adjusting our final target on the stock from $64.00 to $64.90. More aggressive traders could aim higher since this is blue-sky territory for ALK. If you're looking for a new entry point I'd wait for a dip near $60.00, which should be new support (and I would consider buying the April calls). Please note our new stop loss at $57.75.

Earlier Comments:
We want to sell half of our stock position at $59.75. Sell all of our January options at $61.75. Sell the rest of our stock position at $64.00 (now 64.90).

Current Position: Long ALK stock @ $54.91

- or -

Long the 2011 January $60 calls (symbol: ALK1122A60) entry @ $1.60

01/08: New stop loss @ 57.75. New target at $64.90
01/07: Option Target Hit @ 61.75. Option @ $3.00 (+87.5%). 01/05: Target hit at $59.75 (+8.8%)
12/21: First target is 59.75, adding second target at $64 for ALK stock.
12/21: Adjusting our only exit target on the calls to $61.75.

chart:

Entry on November 22 at $54.91
Earnings Date 01/27/11 (unconfirmed)
Average Daily Volume: 331 thousand
Listed on November 20th, 2010


BB& T Corp. - BBT - close: 26.33 change: -0.56

Stop Loss: 25.80
Target(s): 29.90
Current Gain/Loss: - 3.6%
Time Frame: 6 to 8 weeks
New Positions: Yes, see below

Comments:
01/08 update: Our timing on the BBT hasn't been so hot. There was no follow through on Wednesday's bullish breakout above the simple 200-dma. Friday the financial sector was one of the market's worst performers. Shares of BBT are now testing support near $26.00. This pull back could be a lower-risk entry point given our stop loss at $25.80 but if there is any follow through lower on Monday we'll likely get stopped out. Keep your position size small to limit your risk. Our first target is $29.90. We will have to decide whether or not we want to hold over BBT's earnings in late January.

(small positions only)

Current Position: BBT stock @ $27.32

- or -

Buy the 2011 February $28.00 calls (BBT1119B28) Entry @ 0.90

chart:

Entry on January 6 at $27.32
Earnings Date 01/21/11 (confirmed)
Average Daily Volume: 6.4 million
Listed on January 5th, 2010


Popular Inc. - BPOP - close: 3.19 change: +0.06

Stop Loss: 2.75
Target(s): 3.40, 3.95
Current Gain/Loss: + 6.3%
Time Frame: 12 to 16 weeks
New Positions: see below

Comments:
01/08 update: BPOP gapped open higher on Friday morning after Goldman Sachs slapped a buy rating on the stock. The high was $3.25. Shares did pare their gains by the close. I would prefer to open new positions in the $3.05-3.00 zone. If the financials continue to correct this week that could happen soon. Conservative traders may want to raise their stop closer to the 50-dma (currently near $2.93).

Current Position: Long BPOP stock @ $3.00

- or -

Long the 2011 April $3.00 calls (BPOP1116D3) Entry @ $0.34

12/22: Close over $3.00 is another bullish entry point.
12/18: New stop loss @ 2.75

chart:

Entry on December 14 at $ 3.00
Earnings Date 01/20/11 (unconfirmed)
Average Daily Volume: 11.7 million
Listed on December 11th, 2010


Citigroup Inc. - C - close: 4.94 change: -0.01

Stop Loss: 4.63
Target(s): 5.00, 5.35
Current Gain/Loss: + 4.4%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: Profit taking in the banks pushed Citigroup to an intraday low of $4.84 before the stock rebounded from its rising 10-dma. I am not suggesting new bullish positions at these levels. This remains an aggressive, higher-risk trade. The plan was to keep our position size small to limit their risk.

Current Position: Long Citigroup stock @ $4.73

- or -

Long the 2011 March $5.00 calls (C1119C5) Entry @ $0.20

01/05: New stop loss @ 4.63
01/05: Target hit @ 5.00 (+5.7%), option @ $0.30 (+50%)

chart:

Entry on December 20 at $ 4.73
Earnings Date 01/18/11 (confirmed)
Average Daily Volume: 688 million
Listed on December 18th, 2010


Companhia Brasileira de Distribuicao - CBD - close: 40.38 change: -0.69

Stop Loss: 39.80
Target(s): 44.95, 49.00
Current Gain/Loss: + 0.3%
Time Frame: 12 to 14 weeks
New Positions: see below

Comments:
01/08 update: The Brazilian Bovespa index slid lower on Friday, which probably boosted CBD's decline in New York. The stock gave us a close call with a dip to $39.91. Our stop loss is $39.80. Shares did breakdown under technical support at the 50-dma and readers may want to go ahead and exit on that basis. CBD did manage to close above round-number support at $40.00. I'm not ready to give up just yet but I am not suggesting new positions at this time. CBD can be a volatile stock so readers should consider this a higher-risk trade.

NOTE: We may need to reconsider our time frame on CBD. It could take longer than previously expected for shares to hit our targets.

Current Position: Long CBD stock @ $40.25

01/01 new stop loss @ 39.80
12/29 new stop loss @ 39.25
12/21 New stop loss @ 37.90

chart:

Entry on November 23 at $40.25
Earnings Date 03/02/11 (unconfirmed)
Average Daily Volume: 608 thousand
Listed on November 20th, 2010


Check Point Software Technologies - CHKP - close: 45.79 change: -0.93

Stop Loss: 44.95
Target(s): 47.25, 49.75
Current Gain/Loss: + 1.5%
Time Frame: 8 to 10 weeks
New Positions: see below

Comments:
01/08 update: Positive analyst comments on Friday failed to help CHKP very much. The correction continues with a -1.99% loss. The stock dipped to its 30-dma and looks poised to test $45.00 soon. If the market doesn't turn positive on Monday we have a good chance of getting stopped out at $44.95. I am not suggesting new bullish positions at this time.

Current Position: Long CHKP stock @ $45.10

- or -

Long the 2011 April $45.00 calls (CHKP1116D45) Entry @ $2.55

01/05: New stop loss @ 44.95
01/03: 1st Target Hit @ $47.25 (+4.7%) Option @ $3.75 (+47%)

chart:

Entry on December 20 at $45.10
Earnings Date 01/26/11 (unconfirmed)
Average Daily Volume: 1.4 million
Listed on December 18th, 2010


Walt Disney Co. - DIS - close: 39.45 change: -0.20

Stop Loss: 37.49
Target(s): 39.90, 42.50
Current Gain/Loss: + 3.1%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: I have been warning readers to expect a correction in DIS following the very sharp rally toward resistance at $40.00. The closest area that looks like potential support is $38.00. I am not suggesting new positions at this time.

- Current Positions -

Long DIS stock @ 38.25

- or -

Long the 2011 February $40.00 calls (DIS1119B40) Entry @ $0.45

- or -

Long the 2011 April $40.00 calls (DIS1116D40) Entry @ $1.10

01/05: 1st Target Hit. Stock @ 39.90 (+4.3%)
01/05: 1st Target Hit. Feb. call @ $1.20 (+166%). April call @ 1.80 (+63.6%)
01/05: new stop loss @ 37.49
01/04: Play triggered @ 38.25

chart:

Entry on January 4 at $38.25
Earnings Date 02/08/11 (unconfirmed)
Average Daily Volume: 8.6 million
Listed on December 25th, 2010


Ford Motor Co. - F - close: 18.27 change: +0.05

Stop Loss: 16.75
Target(s): 18.40, 19.95
Current Gain/Loss: + 8.1%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: Target achieved. Ford continued to rally on Friday morning and gapped open higher at $18.42. Our first target to take profits was at $18.40. The January calls opened at $0.90 (+260%) and the March calls opened at $1.29 (+111%). We want to sell the rest of our January calls now! More aggressive traders could hold on since we have two weeks left but these are going to be very volatile on any dip in Ford.

Shares of Ford are now short-term overbought and due for a correction. There is potential support near $17.50-17.40. I am not suggesting new bullish positions at this time. Our final, longer-term target is $19.95.

- Suggested Positions -

Long Ford stock @ $16.90

- or -

Long the 2011 January $17.50 calls (F1122a17.5) Entry @ $0.25, exit @ $0.89 (+256%)

- or -

Long the 2011 March $18.00 calls (F1119C18) Entry @ $0.61

01/08: Sell the rest of our January calls now! @ $0.89 (+256%)
01/07: Target hit. F @ 18.42. Jan. call @ $0.90 (+260%). Mar. call @ $1.29 (+111%)
01/07: 1st Target Hit. Ford @ 18.42 (+8.99%)
01/05: New stop loss @ 16.49.

chart:

Entry on December 23 at $16.90
Earnings Date 01/27/11 (unconfirmed)
Average Daily Volume: 58.7 million
Listed on December 22nd, 2010


FLIR Systems Inc. - FLIR - close: 29.11 change: -0.07

Stop Loss: 27.90
Target(s): 30.90, 33.00
Current Option Gain/Loss: + 0.0%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: FLIR dipped to $28.73 before paring its losses on Friday. The pull back in the last few days has hit the 38.2% Fibonacci retracement of the late December rally. Readers can buy this dip or wait for a dip closer to $28.50. Please note that I am raising our stop loss to $27.90. FLIR doesn't move super fast but our targets are $30.90 and $33.00.

Current Position: Long FLIR stock @ $29.10

- or -

Long the 2011 April $30.00 calls (FLIR1116D30) Entry @ $1.60

01/08: New stop loss @ 27.90

chart:

Entry on December 22 at $29.10
Earnings Date 02/10/11 (unconfirmed)
Average Daily Volume: 1.6 million
Listed on December 18th, 2010


JB Hunt Transport Services - JBHT - close: 41.89 change: +0.47

Stop Loss: 38.75
Target(s): 43.50, 46.75
Current Option Gain/Loss: + 3.8%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: JBHT displayed some relative strength on Friday with a +1.1% gain. I would look for short-term support near $41.00. I'm not suggesting new bullish positions at this time. More conservative traders may want to raise their stops closer to the $40 level. I am growing a little worried that JBHT could be forming a bear wedge pattern.

FYI: The Point & Figure chart for JBHT is bullish with a $54.50 target.

Suggested Position: Long JBHT stock @ $40.33

- or -

Buy the 2011 February $40 calls (JBHT1119B40) Entry @ $1.85

12/22 Entry at $40.33
12/21 New Entry Point - Launch Positions Now (open of 12/22)

chart:

Entry on December 22 at $40.33
Earnings Date 01/28/11 (unconfirmed)
Average Daily Volume: 1.2 million
Listed on December 13th, 2010


Morgan Stanley - MS - close: 28.20 change: -0.60

Stop Loss: 25.95
Target(s): 29.85, 31.85
Current Gain/Loss: + 4.6%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
01/08 update: Take Profits (see below).
Financial stocks were hit with profit taking on Friday. Shares of MS suffered -2% decline. While that's not unusual the move did complete what appears to be a three-candlestick bearish reversal pattern. I would expect a pull back toward the $27.50-27.00 zone and possibly technical support at the 200-dma. I am not suggesting new bullish positions at this time.

We only have two weeks left on our January calls. I want to sell half of our calls now with the option bidding $1.14 (+96%). Thus we can hold on to the remainder of our January calls with almost no risk.

Current Position: Long MS stock @ 26.95

- or -

Long the 2011 January $27.50 calls (MS1122a27.50) Entry @ $0.58

- or -

Long the 2011 April $27 calls (MS1116D27) Entry @ $1.64

01/08: Sell half of our January calls @ $1.14 (+96%)
01/03: New stop loss @ 25.95

chart:

Entry on December 22 at $26.95
Earnings Date 01/20/11 (unconfirmed)
Average Daily Volume: 12.2 million
Listed on December 21st, 2010


Microsoft Corp. - MSFT - close: 28.60 change: -0.22

Stop Loss: 26.95
Target(s): 27.45, 29.75
Current Gain/Loss: +11.9%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: Shares of MSFT were downgraded on Friday but traders still bought the dip midday and shares were rebounding higher into the close. Nimble traders could use this Friday afternoon bounce as a new bullish entry point but if you do I would have a pretty tight stop (maybe just underneath $28). For the rest of us I am not suggesting new bullish positions.

Don't forget that we only have two weeks left on our January calls. Readers may want to exit early now. The current bid is $3.55 (+155%).

Current Position: Long MSFT stock @ 25.55

- or -

Buy the 2011 January $25.00 calls (symbol: MSFT1122A25) Entry @ $1.39

01/06/11 raised final exit target to $29.75
01/06/11 new stop loss @ 26.95
12/25/10 new stop @ 25.95
12/18/10 new stop @ 25.70
12/14/10 Target hit @ 27.45 (+7.4%), option @ $2.55 (+83.4%)
12/11/10 New stop @ 25.45
11/29/10 New stop @ 24.70

chart:

Entry on November 17 at $25.55
Earnings Date 01/27/11 (unconfirmed)
Average Daily Volume: 68.4 million
Listed on November 15th, 2010


Manitowoc Co. Inc. - MTW - close: 13.75 change: +0.36

Stop Loss: 12.30
Target(s): 14.95, 16.25
Current Gain/Loss: + 1.5%
Time Frame: 10 to 12 weeks
New Positions: Yes, see below

Comments:
01/08 update: MTW displayed some relative strength on Friday and broke out to new multi-month highs. The close over $13.50 is a nice breakout from the recent trading range. If you prefer to launch positions on strength then this is your entry point. The Dec. 16th low was $12.33. I am raising our stop loss to $12.30. More conservative traders may want to raise their stop to $12.65, just underneath the Dec. 31 low of $12.70. Our targets are $14.95 and $16.25. FYI: The Point & Figure chart for MTW is bullish with a long-term $21 price target.

Current Position: Long MTW stock @ $13.54

- or

Long the 2011 February $14.00 calls (MTW1119B14) Entry @ $0.70

01/08: New stop loss @ $12.30

chart:

Entry on January 4 at $13.54
Earnings Date 02/02/11 (unconfirmed)
Average Daily Volume: 2.0 million
Listed on January 3rd, 2010


Mylan, Inc. - MYL - close: 22.32 change: -0.14

Stop Loss: 20.90
Target(s): 22.90, 23.60.
Current Gain/Loss: +2.3%
Time Frame: 8 to 10 weeks
New Positions: see below

Comments:
01/08 update: MYL experienced some minor profit taking on Friday following Thursday's big rally higher. I don't see any changes from my prior comments. If you missed our entry point you might want to wait for a dip near $21.75. I am setting a secondary target at $23.60. Our first target is $22.90.

The most recent data listed short interest at 12% of the 287 million-share float. Any significant rallies could fuel some short covering.
FYI: The Point & Figure chart for MYL is bullish with a $33 target.

Current Position: Long MYL stock @ 21.81

- or -

Long the 2011 April $22.00 calls (MYL1116D22) Entry @ $1.25

chart:

Entry on January 6 at $21.81
Earnings Date 02/24/11 (unconfirmed)
Average Daily Volume: 9.0 million
Listed on December 20th, 2010


ResMed Inc. - RMD - close: 33.73 change: -0.76

Stop Loss: 32.40
Target(s): 38.00
Current Gain/Loss: - 0.7%
Time Frame: 8 to 10 weeks
New Positions: see below

Comments:
01/08 update: Our play on RMD has been triggered with the dip toward its 50-dma. Our plan was to launch bullish positions at $34.00. I would still consider bullish positions here. Or as an alternative you could wait for a dip near $33.00 or wait for a bounce back above $34.00. We want to keep our position size small! Our multi-week target is $38.00.

Play is now open!

Current Position: Long RMD stock @ $34.00

- or -

Long the 2011 April $35.00 calls (RMD1116D35) Entry @ $1.55

01/07: Play opened at $34.00

chart:

Entry on January 7 at $34.00
Earnings Date 02/03/11 (unconfirmed)
Average Daily Volume: 752 thousand
Listed on January 1st, 2010


Starbucks Corp. - SBUX - close: 32.78 change: +0.82

Stop Loss: 31.70
Target(s): 35.75
Current Gain/Loss: + 1.6%
Time Frame: 8 to 10 weeks
New Positions: see below

Comments:
01/08 update: SBUX suddenly decided to show some relative strength on Friday and rebounded with a +2.5% gain. On Thursday I suggested waiting for a new rise over $32.50 before considering new bullish positions. There is still resistance at the top of the trading range in the $33.10 area. If you do choose to open positions I would keep your position size small.

FYI: SBUX is currently in a legal battle with Kraft Foods (KFT) over distribution of SBUX's ground coffee brand but investors seem to be ignoring it.

Suggested Position: Long SBUX stock @ $31.25

- or -

Long the 2011 January $33.00 call (SBUX1122A33) Entry @ $0.55
Long the 2011 April $34.00 call (SBUX1116D34) Entry @ $1.30

01/03/11 New target at $35.75
12/27/10 Trigger hit @ 32.25
12/25/10 new trigger 32.25, new stop 31.70

chart:

Entry on December 27 at $32.25
Earnings Date 01/20/11 (unconfirmed)
Average Daily Volume: 7.1 million
Listed on December 8th, 2010


Sony Corp. - SNE - close: 36.04 change: +0.03

Stop Loss: 34.95
Target(s): 37.75, 39.75
Current Gain/Loss: + 1.2%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: SNE is still consolidating sideways near the bottom of its bullish channel. We can still launch positions here but cautious traders may want to wait for a move over $36.50 before initiating new positions. I am adjusting our stop loss to $34.95.

Current Position: Long SNE stock @ $35.60
- or -
Long the 2011 APRIL $35 calls (SNE1116D35) Entry @ $2.26

01/08 New stop loss @ 34.95
01/01 New stop loss @ 34.75
12/22 Triggered @ $35.60
12/21 New trigger @ 35.60, New stop @ 34.40

chart:

Entry on December 22 at $35.60
Earnings Date 02/03/11 (unconfirmed)
Average Daily Volume: 888 thousand
Listed on November 23rd, 2010


WellCare Health Plans, Inc. - WCG - close: 31.30 change: -0.09

Stop Loss: 29.40
Target(s): 33.75, 37.75
Current Gain/Loss: + 1.8%
Time Frame: 10 to 12 weeks
New Positions: Yes, see below

Comments:
01/08 update: It was a bullish week for WCG with shares breaking out past resistance to hit new multi-month highs. I don't see any changes from my prior comments. If you missed our entry point consider waiting for a dip in the $30.75-30.00 area. Keep in mind that investors will have to decide whether or not they are willing to take the risk of holding over WCG's earnings report in late February.
FYI: The Point & Figure chart for WCG is bullish with a $41 target.

Current Position: WCG stock @ $30.75

- or -

Long the 2011 March $35.00 calls (WCG1119C35) Entry @ $0.60

01/06: Play triggered @ 30.75.

chart:

Entry on January 6 at $30.75
Earnings Date 02/17/11 (unconfirmed)
Average Daily Volume: 410 thousand
Listed on January 4th, 2010


Wells Fargo & Co - WFC - close: 31.50 change: -0.65

Stop Loss: 30.40
Target(s): 29.25, 32.75
Current Gain/Loss: +17.9%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: The banking stocks were some of the market's worst performers on Friday thanks to negative headlines about a foreclosure lawsuit. The Massachusetts Supreme Court issued a ruling against Wells Fargo (WFC) and US Bancorp (USB) regarding a couple of foreclosures. The markets are worried this will set a bad precedent for the banks and raise liabilities that investors who own mortgage back securities can make the banks buy them back. At its worst levels on Friday WFC's stock was down -4.6%.

WFC fired back a response on Friday afternoon. In their press release WFC said,

The loans at issue in the court’s ruling were not originated, owned, serviced or foreclosed upon by Wells Fargo. As trustee of a securitized pool of loans, Wells Fargo expects the entities who service these loans to abide by all applicable state laws, including those laws that govern foreclosure sales. Wells Fargo believes the court’s ruling does not prevent foreclosures on loans in securitizations. The court simply set forth a standard legal process that mortgage servicers must follow in Massachusetts.

WFC pared its losses by the closing bell. Currently our January $27.50 call has a bid of $4.05 (+249%). Readers will want to seriously consider exiting their call position now. We only have two weeks left before January options expire. I am not suggesting new positions at this time.

Current Position: Long WFC stock @ $26.88

- or -

Long the 2011 January $27.50 call (WFC1122A27.5) Entry @ $1.16

01/08: Consider exiting the call position now.
01/05: New stop loss @ 30.40, final target adjusted to 32.75
12/22: New stop loss @ 28.90, New final target @ 32.90
12/21: New stop loss @ 28.49
12/09: New stop loss @ $27.90
12/08: Target Hit $29.25 (+8.8%), Option @ $2.30 (+98.2%)

chart:

Entry on November 30 at $26.88
Earnings Date 01/19/11 (unconfirmed)
Average Daily Volume: 32.7 million
Listed on November 29th, 2010


World Wrestling Entertainment - WWE - close: 14.21 change: +0.11

Stop Loss: 13.98
Target(s): 14.95, 16.40
Current Gain/Loss: + 0.7%
Time Frame: 10 to 12 weeks
New Positions: see below

Comments:
01/08 update: WWE traded under technical support at its 50-dma but managed a decent rebound from the $14.00 level and the stock posted a gain on Friday. This could be a potential bullish reversal or it could just be an oversold bounce. I am not suggesting new bullish positions at this time and we will raise our stop loss to $13.98. The plan was to keep your position size small to limit your risk.

Suggested Position: Long WWE stock @ $14.10

- or -

Buy the 2011 April $15.00 calls (WWE1116D15), entry @ $0.45

*Note: The call options on WWE have very large spreads, making them a higher-risk trade.

01/08/11 new stop loss $ 13.98
12/30/10 new stop loss @ 13.90
12/30/10 WWE provides another entry point at $14.15

chart:

Entry on December 13 at $14.10
Earnings Date 02/10/11 (unconfirmed)
Average Daily Volume: 242 thousand
Listed on December 9th, 2010


CLOSED BULLISH PLAYS

Seagate Technology - STX - close: 14.47 change: -0.29

Stop Loss: 14.70
Target(s): 16.95, 17.75
Current Gain/Loss: unopened
Time Frame: 10 to 12 weeks
New Positions: Yes, see trigger

Comments:
01/08 update: I'm dropping STX as a bullish candidate. Shares have been underperforming and just closed under their 200-dma. The stock never hit our trigger to open positions at $15.45.

chart:

Entry on January xx at $xx.xx Never Opened
Earnings Date 01/20/11 (unconfirmed)
Average Daily Volume: 7.1 million
Listed on January 1st, 2010