Editor's Note:
Shares of RAD and SCHW both hit our bullish targets today. Meanwhile our AKAM, EBAY, TTC and WYN trades were all opened.

Current Portfolio:


BULLISH Play Updates

Akamai Technologies - AKAM - close: 37.47 change: +0.84

Stop Loss: 34.65
Target(s): 39.75 & 41.50
Current Gain/Loss: + 1.7%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/13 update: Our AKAM trade was opened this morning. The stock rallied to a +2.2% gain. Remember, we have two targets. One is at $39.75 and another at $41.50. FYI: The Point & Figure chart for AKAM is bullish with a long-term $66.00 target.

current Position: Long AKAM stock @ $36.82

- or -

Long Apr $36 call (AKAM1217D36) entry $1.92

- or -

Long May $40 call (AKAM1219E40) entry $1.39

03/13/12 trade opened this morning
03/12/12 not open yet. try again.

Entry on March 13 at $36.82
Earnings Date 04/26/12 (unconfirmed)
Average Daily Volume = 2.9 million
Listed on March 10, 2011


eBay Inc. - EBAY - close: 37.33 change: +1.15

Stop Loss: 34.75
Target(s): 39.50
Current Gain/Loss: + 2.8%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/13 update: Our new EBAY trade was also opened this morning. Shares of EBAY opened at $36.29 and rallied to a +3.1% gain and a new multi-year high.

current Position: Long EBAY stock @ $36.29

- or -

Long Apr $35 call (EBAY1221D35) entry $2.02

03/13/12 trade opened this morning
03/12/12 not open yet. try again. added a trigger at $36.85

Entry on March 13 at $36.29
Earnings Date 04/26/12 (unconfirmed)
Average Daily Volume = 10.6 million
Listed on March 10, 2011


The Hain Celestial Group - HAIN - close: 42.97 change: +1.84

Stop Loss: 39.75
Target(s): 44.75
Current Gain/Loss: + 5.1%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
03/13 update: It looks like our patience with HAIN is paying off. Shares outperformed the market with a +4.4% gain and a breakout to new record highs. More conservative traders may want to start raising their stop loss.

(small positions)

current Position: Long HAIN stock @ $40.85

03/05/12 new stop loss @ 39.75
03/03/12 new stop loss @ 39.45
02/29/12 triggered at $40.85
02/27/12 trade did not open. Adjusting entry strategy to buy HAIN at $40.85 with a stop loss at $38.95
02/25/12 trade did not open. Try again

Entry on February 29 at $40.85
Earnings Date 05/03/12 (unconfirmed)
Average Daily Volume = 430 thousand
Listed on February 23, 2011


The Toro Company - TTC - close: $70.73 change: +1.64

Stop Loss: 65.75
Target(s): 74.00
Current Gain/Loss: + 2.0%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/13 update: Our TTC trade is finally open. Both the S&P 500 and TTC opened positive this morning. Shares of TTC surged past the $70.00 level to close with a +2.3% gain. Our target is $74.00. More conservative traders might want to start raising their stop loss. FYI: The Point & Figure chart for TTC is bullish with a $79.00 target.

current Position: Long TTC stock @ $69.32

03/13/12 Our TTC trade has been opened.
03/12/12 trade did not open. try again.
03/10/12 trade did not open. try again.
03/09/12 trade did not open. TTC opened lower and then bounced

Entry on March 13 at $69.32
Earnings Date 05/21/12 (unconfirmed)
Average Daily Volume = 330 thousand
Listed on March 08, 2011


United States Oil Fund (ETF) - USO - close: 40.83 change: +0.13

Stop Loss: 39.90
Target(s): 43.50
Current Gain/Loss: + 1.4%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
03/13 update: Crude oil managed to post a gain in spite of another rise for the U.S. dollar. The USO added +0.3% but seems to be trading under a short-term trend of lower highs. I am not suggesting new positions at this time.

Earlier Comments:
We do not want to use the USO for long-term positions. This ETF is constantly rolling over its futures positions over time, which can have a negative impact on the share price. FYI: The Point & Figure chart for USO is bullish with a long-term $58.00 target.

(small positions!)

current Position: Long the ETF @ $40.25

- or -

Long April $40 call (USO1221D40) Entry $2.10

03/01/12 new stop loss @ 39.90
02/29/12 new stop loss @ 39.75
02/25/12 new stop loss @ 39.40

Entry on February 21 at $40.25
Earnings Date --/--/--
Average Daily Volume = 8.8 million
Listed on February 18, 2011


Wyndham Worldwide - WYN - close: 46.16 change: +1.54

Stop Loss: 43.75
Target(s): 49.50
Current Gain/Loss: + 2.0%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
03/13 update: WYN displayed relative strength today. Shares gapped open higher at $45.01 and surged to a +3.4% gain. Our trigger to open bullish positions was hit at $45.25. I am raising our stop loss to $43.75. Our multi-week target is $49.50.

FYI: The Point & Figure chart for WYN is bullish with a long-term $82.00 target.

current Position: Long WYN stock @ $45.25

- or -

Long Apr $45 call (WYN1221D45) Entry $1.65

03/13/12 new stop loss @ 43.75
03/13/12 trade triggered at $45.25

Entry on March 13 at $45.25
Earnings Date 04/26/12 (unconfirmed)
Average Daily Volume = 1.7 million
Listed on March 12, 2011


BEARISH Play Updates

Greenbrier Companies - GBX - close: 22.26 change: -1.39

Stop Loss: 23.25
Target(s): 18.50
Current Gain/Loss: unopened
Time Frame: 4 to 6 weeks
New Positions: Yes, see below

Comments:
03/13 update: GBX did produce a +0.8% bounce but shares didn't truly participate in the market's widespread gain today. The overall posture for this stock remains bearish. We will leave it as an active candidate.

I am suggesting a trigger to open bearish positions at $21.50. Traders should be aware that the $20.00 level, with the 200-dma, could be short-term support but we are aiming for a drop to $18.50.

NOTE: I am removing the put option. The spread for the April $22.50 put went from 1.40/1.75 yesterday to $1.35/2.90 today.

Bearish Trigger @ $21.50

Suggested Position: short GBX stock @ (trigger)

03/13/12 removed the April $22.50 put as a suggested trade due to a ridiculously wide spread.

Entry on March xx at $ xx.xx
Earnings Date 04/09/12 (unconfirmed)
Average Daily Volume = 468 thousand
Listed on March 12, 2011


Halcon Resources - HK - close: 10.51 change: +0.51

Stop Loss: 10.70
Target(s): 8.00
Current Gain/Loss: unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Comments:
03/13 update: HK managed a bounce but the rebound stalled at technical resistance near the 50-dma. I don't see any changes from my prior comments.

Earlier Comments:
There is already relatively high short-interest so I am suggesting small positions. We will use a trigger to open bearish positions at $9.75 with a stop loss at $10.70. Our target is $8.00. More aggressive traders could target the 100-dma instead.

Trigger @ 9.75

Suggested Position: short HK stock @ 9.75

Entry on March xx at $ xx.xx
Earnings Date 03/05/12 (confirmed)
Average Daily Volume = 1.7 million
Listed on March 07, 2011


CLOSED BULLISH PLAYS

Rite Aid Corp. - RAD - close: 1.86 change: +0.02

Stop Loss: 1.63
Target(s): 1.90
Current Gain/Loss: +14.4%
Time Frame: 4 to 6 weeks
New Positions: see below

Comments:
03/13 update: Target achieved. RAD almost didn't make it but shares did hit our exit target at $1.90 midday. Readers may want to keep RAD on their watch list for a new bullish entry point following a correction.

Small Positions

closed Position: Long RAD stock @ $1.66 , exit $1.90 (+14.4%)

03/13/12 target hit at $1.90
03/10/12 new stop loss @ 1.63
03/08/12 raise our exit target from $1.85 to $1.90

chart:

Entry on March 07 at $1.66
Earnings Date 04/12/12 (unconfirmed)
Average Daily Volume = 8.7 million
Listed on March 06, 2011


Charles Schwab - SCHW - close: 14.57 change: +0.47

Stop Loss: 13.40
Target(s): 14.50
Current Gain/Loss: + 9.4%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/13 update: Target achieved. Financial stocks were some of the market's best performers today. SCHW surged +3.3% and hit our exit target at $14.50. Readers may want to keep SCHW on their watch list for a new bullish entry point following a correction.

closed Position: Long SCHW stock @ $13.25 exit $14.50 (+9.4%)

- or -

Apr $13 call (SCHW1221D13) entry $0.59 exit $1.55 (+162.7%)

03/13/12 target hit at $14.50
03/10/12 new stop loss @ 13.40, adjust exit target to $14.50
03/08/12 new stop loss @ 13.20
03/03/12 new stop loss @ 12.90

chart:

Entry on February 27 at $13.25
Earnings Date 04/16/12 (unconfirmed)
Average Daily Volume = 15.9 million
Listed on February 25, 2011