Editor's Note:
The imminent U.S. government shutdown sparked more selling pressure across the stock market.

FCX, NVDA, and TTC were stopped out.
TSRO has been removed. POL was triggered.


Current Portfolio:


BULLISH Play Updates

Avago Technologies - AVGO - close: 43.08 change: +0.38

Stop Loss: 40.85
Target(s): 44.50
Current Gain/Loss: + 7.0%

Entry on September 17 at $40.25
Listed on September 10, 2013
Time Frame: 9 to 12 weeks
Average Daily Volume = 2.1 million
New Positions: see below

Comments:
09/30/13: AVGO gapped open lower like most of the market today. Yet traders immediately bought the dip and AVGO rallied to a new all-time high by the closing bell. I am not suggesting new positions at this time.

Earlier Comments:
The Point & Figure chart for AVGO is bullish with a long-term $56.00 target.

current Position: long AVGO stock @ $40.25

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

Long 2014 Jan $40 call (AVGO1418a40) entry $2.80

09/28/13 new stop loss @ 40.85
09/24/13 new stop loss @ 39.85
09/21/13 new stop loss @ 39.40



Goodyear Tire & Rubber Co. - GT - close: 22.45 change: -0.01

Stop Loss: 21.65
Target(s): 25.00
Current Gain/Loss: - 0.2%

Entry on September 19 at $22.50
Listed on September 18, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.2 million
New Positions: see below

Comments:
09/30/13: Traders bought the dip in GT near $22.00 this morning. The stock rebounded back to virtually unchanged by the closing bell. I am not suggesting new positions at this time.

current Position: long GT stock @ $22.50

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

Long 2014 Jan $23 call (GT1418a23) entry $1.63

09/24/13 new stop loss @ 21.65



PolyOne Corp. - POL - close: 30.71 change: +0.18

Stop Loss: 29.25
Target(s): 34.50
Current Gain/Loss: -0.1%

Entry on September 30 at $30.75
Listed on September 28, 2013
Time Frame: 4 to 6 weeks
Average Daily Volume = 412 thousand
New Positions: see below

Comments:
09/30/13: POL tested round-number support at $30.00 twice this morning before surging to a new high. The stock hit our suggested trigger at $30.75 and outperformed the market with a +0.5% gain.

current Position: Long POL stock @ $30.75



PRD Energy - PREGF - close: 1.04 change: +0.06

Stop Loss: TBD
Target(s): TBD
Current Gain/Loss: - 1.1%

Entry on September 27 at $1.05
Listed on September 26, 2013
Time Frame: 6 to 9 weeks
Average Daily Volume = 130 thousand
New Positions: see below

Comments:
09/30/13: PREGF also bucked the market's down trend today. Shares rallied +6.6%. I do not see any changes from my Thursday night new play description.

*Higher Risk, Speculative Trade*

current Position: Long PREGF stock @ $1.05



Primoris Services - PRIM - close: 25.48 change: +0.17

Stop Loss: 24.20
Target(s): 28.50
Current Gain/Loss: - 0.1%

Entry on September 23 at $25.50
Listed on September 21, 2013
Time Frame: exit PRIOR to earnings in early November
Average Daily Volume = 222 thousand
New Positions: see below

Comments:
09/30/13: I told readers to watch for support near $25.00. Shares of PRIM dipped to $24.92 before bouncing this morning. The stock outperformed the market with a +0.6% gain.

current Position: Long PRIM stock @ $25.50



Ryanair Holdings - RYAAY - close: 49.74 change: -0.71

Stop Loss: 48.90
Target(s): 54.50
Current Gain/Loss: - 1.2%

Entry on September 26 at $50.35
Listed on September 25, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 540 thousand
New Positions: see below

Comments:
09/30/13: A down day for the European markets and a down day for the U.S. markets put pressure on RYAAY. The stock gapped open lower and closed below what should have been support near $50.00 and its 50-dma and 100-dma. Thus technically today looks bearish!

I am not suggesting new positions at this time.

*small positions*

current Position: Long RYAAY stock @ $50.35



Seagate Technology - STX - close: 43.76 change: +0.25

Stop Loss: 41.40
Target(s): 47.00
Current Gain/Loss: +3.6%

Entry on September 25 at $42.25
Listed on September 24, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.5 million
New Positions: see below

Comments:
09/30/13: STX did not see much of a dip this morning. What dip it did see was quickly bought. Shares displayed relative strength with a +0.5% gain. Tonight I am raising our stop loss to $41.45.

current Position: Long STX stock @ $42.25

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

Long 2014 Jan $45 call (STX1418a45) entry $1.71

09/30/13 new stop loss @ 41.40
09/26/13 new stop loss @ 40.90



The TJX Companies - TJX - close: 56.39 change: -0.08

Stop Loss: 55.40
Target(s): 62.00
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 28, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.1 million
New Positions: Yes, see below

Comments:
09/30/13: Traders quickly bought the dip in TJX this morning and the stock closed virtually unchanged on the session. There is no change from my prior comments.

I am suggesting a trigger to launch bullish positions at $56.75. Our $62.00 target might be a little aggressive. More conservative investors may want to exit near $60.00.

Trigger @ 56.75

Suggested Position: buy TJX stock @ (trigger)

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

Buy the 2014 Jan $60 call (TJX1418a60)



Whiting Petroleum - WLL - close: 59.85 change: -0.13

Stop Loss: 57.45
Target(s): 62.00
Current Gain/Loss: +5.5%

Entry on September 24 at $56.75
Listed on September 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.5 million
New Positions: see below

Comments:
09/30/13: Today's widespread market weakness would have been a good excuse for traders to sell WLL and lock in gains. Instead the stock's decline this morning was relatively minor. Shares bounced back to close near resistance at the $60 level.

More conservative traders may want to exit early now to lock in gains. We are not suggesting new positions at this time.

Earlier Comments:
Our multi-week target is $62.00, although we may have to adjust that. It is possible that the $60.00 level could prove to be round-number, psychological resistance.

current Position: Long WLL stock @ $56.75

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

Long 2014 Jan $60 call (WLL1418a60) entry $2.80*

09/26/13 new stop loss @ 57.45.
More conservative traders may want to take profits right now with our trade up +5.4%. The call option is up +39%.
*option entry price is an estimate since the option did not trade at the time our play was opened.



Yahoo! Inc. - YHOO - close: 33.17 change: -0.38

Stop Loss: 30.49
Target(s): 34.50
Current Gain/Loss: + 8.4%

Entry on September 19 at $30.60
Listed on September 18, 2013
Time Frame: 9 to 12 weeks
Average Daily Volume = 13.3 million
New Positions: see below

Comments:
09/30/13: After impressing us with its relative strength last week, YHOO was not immune to the market's widespread weakness today. Shares did gap lower but managed to pare its loss to -1.1%. Our plan was to exit the 2014 Jan. $32 calls at the opening bell this morning.

NOTE: The bid/ask spread on our 2014 Jan. $32 call has hit $3.55/3.60. I am suggesting we exit this call position immediately at the open on Monday morning (Sept. 30th).

Earlier Comments:
Our plan was to keep our position size small to limit our risk.

*small positions*

current Position: Long YHOO stock @ $30.60

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

2014 Jan $32 call (YHOO1418a32) entry $1.70* exit $3.00 (+76.4%)

09/30/13 planned exit on the 2014 January $32 calls.
exit @ 3.00 (+76.4%)
09/28/13 new stop loss @ 30.95, adjust exit target to $34.00
09/28/13 prepare to exit the 2014 Jan. call on Monday, Sept. 30th
09/26/13 new stop loss @ 30.49, adjust exit target to $34.50
09/21/13 new stop loss @ $29.75
*option entry price is an estimate since the option did not trade at the time our play was opened.

chart:
%IMG13%



BEARISH Play Updates

Axiall Corp. - AXLL - close: 37.79 change: +0.25

Stop Loss: 38.75
Target(s): 35.25
Current Gain/Loss: +2.5%

Entry on September 18 at $38.75
Listed on September 17, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.0 million
New Positions: see below

Comments:
09/30/13: I am starting to worry about our AXLL trade. The stock has been churning sideways the last three and a half days. Today's performance managed to outperform the market with a +0.6% gain. I am adjusting our stop loss down to breakeven at $38.75. I am not suggesting new positions.

Earlier Comments:
Our target is $35.25. More aggressive traders may want to aim lower since the P&F chart is bearish with a quadruple-bottom breakdown sell signal and a $29.00 target.

current Position: short AXLL stock @ $38.75

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

Long Oct $40 PUT (AXLL1319v40) entry $2.20*

09/30/13 new stop loss @ 38.75
09/28/13 new stop loss @ 39.25
09/23/13 new stop loss @ 40.15
*option entry price is an estimate since the option did not trade at the time our play was opened.



Urban Outfitters - URBN - close: 36.77 change: -0.30

Stop Loss: 38.25
Target(s): 34.50
Current Gain/Loss: + 1.3%

Entry on September 24 at $37.25
Listed on September 19, 2013
Time Frame: 3 to 4 weeks
Average Daily Volume = 2.8 million
New Positions: see below

Comments:
09/30/13: URBN's performance today looks similar to Friday. Traders bought the morning decline but the midday rally rolled over. I am not suggesting new positions at this time.

Earlier Comments:
Our target is the November 2012 lows near $34.50. FYI: The Point & Figure chart has produced a sell signal and is forecasting at $31.00 target.

current Position: short URBN stock @ $37.25

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

Long Oct $38 PUT (URBN1319v38) entry $1.45

09/28/13 new stop loss @ 38.25



CLOSED BULLISH PLAYS

Freeport-McMoRan Copper & Gold - FCX - close: 33.08 change: -0.34

Stop Loss: 32.75
Target(s): 36.00
Current Gain/Loss: + 1.4%

Entry on September 11 at $32.30
Listed on September 09, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 11.5 million
New Positions: see below

Comments:
09/30/13: FCX gapped lower with the market this morning and shares opened at $32.99. The stock quickly hit our stop loss at $32.75 before bouncing at 32.33 this morning.

closed Position: Long FCX stock @ $32.30 exit $32.75 (+1.4%)

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

2014 Jan $35 call (FCX1418a35) entry $1.15 exit $0.98 (-14.7%)

09/30/13 stopped out
09/21/13 new stop loss @ 32.75
09/18/13 new stop loss @ 31.85

chart:



NVIDIA - NVDA - close: 15.56 change: -0.02

Stop Loss: 15.45
Target(s): 16.90
Current Gain/Loss: - 1.2%

Entry on September 11 at $15.60
Listed on September 10, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 8.4 million
New Positions: see below

Comments:
09/30/13: NVDA closed almost unchanged on the day. Unfortunately the stock suffered too much selling pressure this morning thanks to the market's gap down. NVDA opened lower at $15.42, which was below our suggested stop loss at $15.45. NVDA bounced near its 30-dma and closed back above the $15.50 level, which has acted as support.

I would keep an eye on NVDA. A dip to or a bounce near the $15.00 level could be a better bullish entry point.

Earlier Comments:
Our plan was to use small positions to limit our risk.

closed Position: long NVDA stock @ $15.60 exit $15.42 (-1.2%)

09/30/13 stopped out on gap down at $15.42
09/21/13 new stop loss @ $15.45

chart:



Tesaro, Inc. - TSRO - close: 38.74 change: -0.70

Stop Loss: 39.25
Target(s): 47.50
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 26, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 120 thousand
New Positions: see below

Comments:
09/30/13: TSRO is not cooperating. Shares dipped down to their 30-dma before closing with a -1.77% decline. Our trade has not opened yet (trigger 41.50). Tonight we are removing TSRO as an active candidate.

Trade did not open.

09/30/13 removed from the newsletter

chart:



Toro Co. - TTC - close: 54.35 change: +0.03

Stop Loss: 53.75
Target(s): 59.50
Current Gain/Loss: - 2.6%

Entry on September 16 at $55.20
Listed on September 14, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 235 thousand
New Positions: see below

Comments:
09/30/13: TTC managed to bounce back into positive territory by the closing bell. Unfortunately the market's sharp sell-off this morning was strong enough to push TTC below short-term support. Our stop loss was hit at $53.75.

closed Position: long TTC stock @ $55.20 exit $53.75 (-2.6%)

09/30/13 stopped out
09/21/13 new stop loss @ 53.75
09/16/13 trade opened on gap higher at $55.20
suggested trigger was $55.15

chart: