Editor's Note:
It was a lackluster session on Wall Street but we still had two trades get triggered today. Our bullish play on ANF and our bearish play on GBX have been 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: - 0.4%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/14 update: Hmm... the trading in AKAM is troubling. Shares reversed lower and closed down -2.1%. We can look for support near the bottom of its bullish channel near $35.50-35.00. I am not suggesting new positions at this time.

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


Abercrombie & Fitch - ANF - close: 53.53 change: +1.92

Stop Loss: 49.75
Target(s): 56.50
Current Gain/Loss: + 2.8%
Time Frame: 4 to 6 weeks
New Positions: see below

Comments:
03/14 update: Our new ANF trade is off to a good start. Shares hit our trigger to open bullish positions at $52.05 this morning. The stock ended the session with a +3.7% gain. Now the stock is nearing potential resistance at its 200-dma and the $55.00 level. Don't be surprised to see a pullback but the $52-51 zone should be new support.

Earlier Comments:
We want to keep our position size small to limit our risk. There is potential resistance at the top of the November gap near $55.00. Plus the exponential 200-dma (near $54.40) and the simple 150-dma (near 55.45) could both be technical resistance. Our exit target is $56.50. FYI: The Point & Figure chart for ANF is bullish with a $69.00 target.

current Position: Long ANF stock @ $52.05

- or -

Long Apr $52.50 call (ANF1221D52.5) Entry $2.25

Entry on March 14 at $52.05
Earnings Date 05/16/12 (unconfirmed)
Average Daily Volume = 3.2 million
Listed on March 13, 2011


eBay Inc. - EBAY - close: 37.62 change: +0.29

Stop Loss: 34.75
Target(s): 39.50
Current Gain/Loss: + 3.6%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/14 update: EBAY added +0.7% on top of yesterday's big gains. Readers may want to wait for a dip before considering new positions.

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: 42.86 change: -0.11

Stop Loss: 39.75
Target(s): 44.75
Current Gain/Loss: + 4.9%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
03/14 update: HAIN experienced a little profit taking after yesterday's big gain. The stock did rebound off its intraday lows. I don't see any changes from my prior comments. 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: $71.66 change: +0.93

Stop Loss: 65.75
Target(s): 74.00
Current Gain/Loss: + 3.3%
Time Frame: 4 to 8 weeks
New Positions: see below

Comments:
03/14 update: TTC is extending its gains with another +1.3% advance. I would not chase it here.

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: 40.41 change: -0.42

Stop Loss: 39.90
Target(s): 43.50
Current Gain/Loss: + 0.4%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
03/14 update: A rise in the U.S. dollar helped put pressure on oil prices. The USO lost -1.0%. Shares are drifting toward round-number support near $40.00 again. 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: 45.87 change: -0.29

Stop Loss: 43.75
Target(s): 49.50
Current Gain/Loss: + 1.3%
Time Frame: 6 to 8 weeks
New Positions: see below

Comments:
03/14 update: WYN experienced a little profit taking after yesterday's strong performance. Readers may want to wait for another dip or a bounce near $45.00 before initiating new positions. 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: 21.77 change: -0.68

Stop Loss: 23.25
Target(s): 18.50
Current Gain/Loss: - 1.3%
Time Frame: 4 to 6 weeks
New Positions: see below

Comments:
03/14 update: GBX continues to underperform. The stock fell to its exponential 200-dma near $21.38 this afternoon before bouncing off this moving average. Our trigger to open bearish positions was hit at $21.50.

Earlier Comments:
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.

current Position: short GBX stock @ $21.50

03/14/12 triggered at $21.50
03/13/12 removed the April $22.50 put as a suggested trade due to a ridiculously wide spread.

Entry on March 14 at $21.50
Earnings Date 04/09/12 (unconfirmed)
Average Daily Volume = 468 thousand
Listed on March 12, 2011


Halcon Resources - HK - close: 10.00 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:
03/14 update: HK has completely erased yesterday's bounce with a -4.8% decline. The stock is back to round-number, psychological support at the $10.00 mark.

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