Editor's Note:
Traders are still in a buy-the-dip mood and they did so again this morning.

LEN has been closed as planned.
SONC was triggered.


Current Portfolio:


BULLISH Play Updates

Advanced Micro Devices - AMD - close: 2.64 change: -0.03

Stop Loss: 2.49
Target(s): 3.25
Current Gain/Loss: - 0.4%

Entry on January 07 at $2.65
Listed on January 05, 2012
Time Frame: to be determined
Average Daily Volume = 21.2 million
New Positions: Yes, see below

Comments:
01/14/13: The semiconductor sector stalled along with most of the market today. AMD gave back -1.1% following Friday's intraday bounce. I am still cautiously bullish on AMD but most traders will want to avoid holding over the company's earnings report on January 22nd.

Earlier Comments:
It looks like AMD has finally found a bottom and all the selling has been exhausted. The stock could see a short squeeze. The most recent data listed short interest at almost 20% of the float.

Please note that this is a higher-risk, more aggressive trade. The 100-dma and the $3.00 level could prove to be resistance for this stock. I am suggesting readers keep their position size small. Don't go overboard just because the share price is cheap.

Keep in mind that normally we do not hold over a company's earnings report. Right now AMD is scheduled to report on January 22nd. If we choose to exit it could definitely limit how much time we have for this trade to work.

*Small Positions*

current Position: long AMD stock @ $2.65

01/10/13 new stop loss @ 2.49, AMD's momentum might be stalling.



Ball Corp. - BLL - close: 45.59 change: +0.19

Stop Loss: 44.40
Target(s): 48.40
Current Gain/Loss: + 4.0%

Entry on November 06 at $43.85
Listed on November 3, 2012
Time Frame: exit prior to earnings on Jan. 31st
Average Daily Volume = 687 thousand
New Positions: see below

Comments:
01/14/13: BLL outperformed the market with a +0.4% bounce. Yet shares remain inside the recent $45-46 trading range. I am not suggesting new positions at this time.

Please note that we do want to exit prior to the earnings report on January 31st.

current Position: Long BLL stock @ $43.85

01/05/13 adjusting the exit target to $48.40
01/02/13 new stop loss @ 44.40, adjust target to $47.00
12/20/12 new stop loss @ 43.85
12/12/12 new stop loss @ 43.45
11/24/12 new stop loss @ 43.25
11/17/12 new stop loss @ 42.55
11/06/12 triggered @ 43.85



Ctrip.com Intl. - CTRP - close: 24.29 change: +0.01

Stop Loss: 22.75
Target(s): 27.00
Current Gain/Loss: + 1.5%

Entry on January 07 at $23.93
Listed on January 05, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 2.1 million
New Positions: see below

Comments:
01/14/13: Traders bought the dip in CTRP twice near $23.80 midday. I would still consider new bullish positions at current levels.

Earlier Comments:
CTRP could see another short squeeze. The most recent data listed short interest at 16% of the float. We do want to keep our position size small to limit our risk.

*Small Positions*

current Position: Long CTRP stock @ $23.93

01/07/13 trade opened on gap higher at $23.93. trigger was 23.85



Changyou.com Ltd. - CYOU - close: 30.62 change: +0.18

Stop Loss: 27.75
Target(s): 34.75
Current Gain/Loss: + 1.2%

Entry on January 10 at $30.25
Listed on January 09, 2012
Time Frame: 3 to 6 weeks
Average Daily Volume = 166 thousand
New Positions: see below

Comments:
01/14/13: CYOU is still hovering just above broken resistance at the $30.00 level. I don't see any changes from my weekend comments. I am suggesting new positions now. More nimble traders may want to wait and buy CYOU on a dip if one appears.

Earlier Comments:
I do consider this an aggressive, higher-risk trade. CYOU can be a volatile stock. Thus we want to limit our position size to reduce our exposure.

*Small Positions*

current Position: Long CYOU stock @ $30.25

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

Long Feb $30 call (CYOU1316B30) entry $1.90



Dunkin' Brand Group - DNKN - close: 34.05 change: -0.31

Stop Loss: 32.75
Target(s): 35.75
Current Gain/Loss: + 4.8%

Entry on December 24 at $32.50
Listed on December 22, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.1 million
New Positions: see below

Comments:
01/14/13: DNKN saw another day of minor profit taking. Shares are testing technical support at the rising 10-dma again. I am not suggesting new positions at this time.

FYI: DNKN will be presenting at an analyst conference on Wednesday, January 16th.

current Position: Long DNKN stock @ $32.50

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

Long 2013 Mar $35 call (DNKN1316c35) entry $0.65

01/09/13 new stop loss @ 32.75
01/07/13 new stop loss @ 32.25
01/05/13 new stop loss @ 31.90
12/24/12 triggered @ $32.50



Granite Construction - GVA - close: 34.47 change: +0.06

Stop Loss: 33.90
Target(s): 39.00
Current Gain/Loss: unopened

Entry on January xx at $ xx.xx
Listed on January 10, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 250 thousand
New Positions: Yes, see below

Comments:
01/14/13: GAV remains inside the $34-35 trading range. We are waiting for a bullish breakout.

I am suggesting a trigger to open small bullish positions at $35.10. If triggered our target is $39.00. We want to keep our position small because GVA doesn't see a lot of volume. That could leave it vulnerable to volatility.

Trigger @ 35.10 *Small Positions*

Suggested Position: buy GVA stock @ (trigger)



Coal ETF - KOL - close: 25.41 change: -0.06

Stop Loss: 24.85
Target(s): 29.85
Current Gain/Loss: - 2.6%

Entry on January 08 at $26.10
Listed on January 07, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 190 thousand
New Positions: see below

Comments:
01/14/13: KOL spent most of Monday drifting sideways in a very narrow range under the $25.50 level. At this point readers may want to wait and see if KOL will bounce off the $25.00 level before considering new bullish positions.

Our multi-week target is $29.85. More aggressive traders may want to aim higher. FYI: The Point & Figure chart for KOL is bullish with a $35.00 target.

Suggested Position: Long the KOL (etf) @ $26.10

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

Long APR $27 call (KOL1320D27) entry $1.03

01/12/13 new stop loss @ 24.85



Pandora Media - P - close: 11.07 change: +0.05

Stop Loss: 10.35
Target(s): 11.25
Current Gain/Loss: +15.3%

Entry on January 03 at $9.60
Listed on January 02, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 5.8 million
New Positions: see below

Comments:
01/14/13: Pandora almost hit our bullish exit target today. The intraday high was $11.18. Shares eventually trimmed their gains. Readers may want to go ahead and take profits now.

Earlier Comments:
Please note that I do consider this an aggressive, higher risk trade. If Pandora is able to breakout it could spark a short squeeze. The most recent data listed short interest at 60% of the 110.9 million-share float.

*Small Positions*

current Position: Long P stock @ $9.60

01/12/13 new stop loss @ 10.35
01/10/13 new stop loss @ 9.95
01/09/13 new stop loss @ 9.65
01/05/13 new stop loss @ 9.40, adjust exit target to $11.25



North American Palladium - PAL - close: 1.63 change: -0.01

Stop Loss: 1.35
Target(s): 2.45
Current Gain/Loss: - 1.2%

Entry on January 14 at $ 1.65
Listed on January 12, 2012
Time Frame: 8 to 9 weeks
Average Daily Volume = 2.8 million
New Positions: see below

Comments:
01/14/13: Monday was a quiet session for PAL. The stock opened at $1.65 and closed at $1.63. Traders bought the dip at $1.60 midday. I would still consider new positions now at current levels. However, you may want to slowly scale into positions, a little now, a little next week. Obviously we expect the rally to continue but PAL might pullback to test its 10-dma again before moving higher. That would provide a better entry point on a dip near $1.50. Our multi-week target is in the $2.40-2.50 area.

current Position: long PAL stock @ $1.65



Scotts Miracle-Gro Co. - SMG - close: 44.99 change: -1.26

Stop Loss: 45.45
Target(s): 49.85
Current Gain/Loss: unopened

Entry on January xx at $ xx.xx
Listed on January 12, 2012
Time Frame: Exit prior to earnings on Feb. 5th
Average Daily Volume = 281 thousand
New Positions: Yes, see below

Comments:
01/14/13: SMG is not off to a very good start. The stock underperformed today with a -2.7% decline. Fortunately we are still on the sidelines waiting for a bullish breakout higher.

The dip today did stall near $45.00 and its 300-dma but if we see this weakness continue we'll drop SMG as a candidate.

Earlier Comments:
I am suggesting a trigger to open bullish positions at $46.50. If triggered our target is $49.85. We do not want to hold over the earnings report on Feb. 5th. FYI: The Point & Figure chart for SMG is bullish with a $59 target.

Trigger @ 46.50

Suggested Position: buy SMG stock @ (trigger)



Sonic Corp. - SONC - close: 10.95 change: -0.10

Stop Loss: 10.45
Target(s): 12.75
Current Gain/Loss: - 1.8%

Entry on January 14 at $11.15
Listed on January 12, 2012
Time Frame: 8 to 9 weeks
Average Daily Volume = 658 thousand
New Positions: see below

Comments:
01/14/13: SONC is not off to a very good start either. The plan was to launch bullish positions if SONC broke out to new relative highs and hit our trigger at $11.15. SONC did show strength this morning with a rally to $11.35. Our trade is open. Unfortunately SONC gave back all of its gains and closed back below the $11.00 mark. The move looks like a short-term bearish reversal and failed rally.

I am not suggesting new positions at these levels. Nimble traders could try and buy a dip or a bounce near the $10.80 level or its 10-dma.

Earlier Comments:
Our multi-week target is $12.75. We may have to be patient to give SONC time to get that far. FYI: The Point & Figure chart for SONC is bullish with a $15.50 target.

current Position: Long SONC stock @ $11.15



Tenneco Inc. - TEN - close: 35.64 change: +0.24

Stop Loss: 34.65
Target(s): 36.85
Current Gain/Loss: + 7.5%

Entry on December 12 at $33.15
Listed on December 04, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 517 thousand
New Positions: see below

Comments:
01/14/13: Traders bought the dip in TEN near the $35.00 level this morning. Shares rebounded to a +0.6% gain. The relative strength is encouraging. I am not suggesting new positions. More conservative traders may want to take profits now.

Earlier Comments:
We need to be patient with TEN. The stock does not move very fast.

*Small positions*

current Position: Long TEN stock @ $33.15

01/12/13 new stop loss @ 34.65
01/09/13 new stop loss @ 34.25
01/02/13 new stop loss @ 33.75, adjust target to $36.85
12/27/12 new stop loss @ 32.90
12/22/12 new stop loss @ 32.45
12/15/12 new stop loss @ $31.85



Thor Industries - THO - close: 40.89 change: -0.31

Stop Loss: 38.85
Target(s): 44.50
Current Gain/Loss: + 1.8%

Entry on January 09 at $40.15
Listed on January 08, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 647 thousand
New Positions: see below

Comments:
01/14/13: Hmm... THO only lost -0.75% today. Yet today's pullback has created a bearish engulfing candlestick reversal pattern. I would expect a dip back toward $40.00 soon.

current Position: Long THO stock @ $40.15

01/12/13 new stop loss @ 38.85



BEARISH Play Updates


None. We do not have any active bearish trades.



CLOSED BULLISH PLAYS

Lennar Corp. - LEN - close: 41.02 change: +0.07

Stop Loss: 39.95
Target(s): 44.50
Current Gain/Loss: + 2.2%

Entry on January 03 at $40.15
Listed on January 02, 2012
Time Frame: exit before the Jan. 15th earnings report
Average Daily Volume = 4.0 million
New Positions: see below

Comments:
01/14/13: Our LEN trade has been closed. The plan was to exit positions at the closing bell today to avoid holding over the earnings report tomorrow morning. Wall Street is expecting a profit of 45 cents a share from LEN.

*Small Positions*

closed Position: Long LEN stock @ $40.15 exit $41.02 (+2.2%)

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

Feb $40 call (LEN1316B40) entry $1.95 exit $2.20 (+12.8%)

01/14/13 scheduled exit at the closing bell
01/12/13 new stop loss @ 39.95, close positions on Monday at the closing bell
01/10/13 new stop loss @ 39.65, prepare to exit on the 14th.

chart: