Editor's Note:
Stock market gains were widespread on Tuesday ahead of the U.S. election results.

Our BLL trade and the TROX trade were both triggered today.

Current Portfolio:


BULLISH Play Updates

Ball Corp. - BLL - close: 43.21 change: -0.17

Stop Loss: 42.40
Target(s): 48.00
Current Gain/Loss: + 0.4%

Entry on November 06 at $43.85
Listed on November 3, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 687 thousand
New Positions: see below

Comments:
11/06/12: Yesterday's rebound in BLL definitely picked up speed today with a strong +1.8% gain and a bullish breakout to new highs. Our trigger to open bullish positions was hit at $43.85. I would still consider new positions now.

Our multi-week target is $48.00.

current Position: Long BLL stock @ $43.85

11/06/12 triggered @ 43.85



Ryland Group - RYL - close: 34.72 change: -0.13

Stop Loss: 32.90
Target(s): 39.50
Current Gain/Loss: + 0.6%

Entry on October 31 at $34.50
Listed on October 27, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.3 million
New Positions: see below

Comments:
11/06/12: RYL continues to churn sideways within Friday's big bearish range. The long-term trend is up but short-term the stock looks vulnerable. I am not suggesting new positions at this time.

If we do get stopped out, watch for a dip toward $30 and its 50-dma, which may be a new bullish entry point.

The plan was to keep our position size small to limit our risk.

current Position: Long RYL stock @ 34.50

11/02/12 RYL has produced a potential bearish reversal pattern
11/01/12 new stop loss @ 32.90
10/31/12 triggered @ 34.50



Symantec Corp. - SYMC - close: 18.85 change: +0.14

Stop Loss: 17.99
Target(s): 19.95
Current Gain/Loss: + 0.0%

Entry on November 2 at $18.85
Listed on November 1, 2012
Time Frame: 3 to 6 weeks
Average Daily Volume = 8.6 million
New Positions: see below

Comments:
11/06/12: SYMC essentially kept pace with the S&P 500 and closed up +0.74%. At the moment I am not suggesting new positions. A rally past the Oct. 25th high (19.09) could definitely spark more short covering.

Earlier Comments:
I do consider this a slightly more aggressive trade so we will want to limit our position size.

*Small Positions*

current Position: Long SYMC stock @ $18.85

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

Long DEC $19 call (SYMC1222L19) entry $0.71

11/02/12 SYMC gapped open at $18.85 (our entry point)



BEARISH Play Updates

Cohen & Steers Inc. - CNS - close: 27.50 change: -0.18

Stop Loss: 29.25
Target(s): 25.15
Current Gain/Loss: + 1.0%

Entry on November 06 at $27.78
Listed on November 5, 2012
Time Frame: 3 to 6 weeks
Average Daily Volume = 182 thousand
New Positions: see below

Comments:
11/06/12: The early morning rally attempt in CNS failed under its 10-dma as expected. Shares underperformed the market with a -0.6% decline. I would still consider new bearish positions now.

Earlier Comments:
Our target is $25.15. FYI: The Point & Figure chart for CNS is bearish with a $19.00 target.

*Small Positions*

current Position: short CNS stock @ $27.78



Hewlett-Packard - HPQ - close: 14.40 change: +0.39

Stop Loss: 14.51
Target(s): 11.50
Current Gain/Loss: - 3.7%

Entry on November 01 at $13.88
Listed on October 31, 2012
Time Frame: exit prior to the Nov. 20th earnings report
Average Daily Volume = 35.7 million
New Positions: see below

Comments:
11/06/12: Monday's bounce in HPQ continued and shares actually accelerated higher with a +2.7% gain on Tuesday. The stock hit $14.48 intraday. If there is any follow through tomorrow then HPQ will hit our stop loss at $14.51. More conservative traders may want to try and exit early now. I am not suggesting new positions at this time.

current Position: Short HPQ stock @ $13.88

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

Long DEC $13 PUT (HPQ1222x13) Entry $0.47

11/06/12 HPQ is showing strength. Readers may want to exit early now!



Netgear Inc. - NTGR - close: 35.61 change: +0.31

Stop Loss: 36.05
Target(s): 30.25
Current Gain/Loss: unopened

Entry on November xx at $ xx.xx
Listed on November 3, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 381 thousand
New Positions: see below

Comments:
11/06/12: NTGR gapped open higher but spent the rest of the day churning sideways. The larger trend still looks bearish and I am expecting NTGR to breakdown.

The October 26th low was $34.60. I am suggesting a trigger to open bearish positions at $34.50. Our target is $30.25.

Trigger @ 34.50

Suggested Position: short NTGR stock @ (trigger)

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

buy the DEC $33 PUT (NTGR1222x33)



Tronox Inc. - TROX - close: 19.92 change: -0.31

Stop Loss: 20.75
Target(s): 18.05
Current Gain/Loss: - 0.9%

Entry on November 06 at $19.75
Listed on November 3, 2012
Time Frame: exit on Nov. 9th to avoid the earnings report
Average Daily Volume = 838 thousand
New Positions: see below

Comments:
11/06/12: TROX continues to underperform the market. The stock broke down under major support at $20.00 and fell to $19.51 intraday. Our trigger to open bearish positions was hit at $19.75. Unfortunately the stock bounced but failed to close back above the $20.00 mark. Readers may want to wait for a new drop under $19.75 before initiating new positions.

Earlier Comments:
This is going to be a short-term trade. TROX is due to report earnings on November 12th and we do not want to hold over the report (more aggressive traders may want to reconsider and hold over the announcement). If our trade is still open, we'll plan to exit on Nov. 9th at the closing bell.

*Small Positions*

current Position: short TROX stock @ $19.75