Editor's Note:
Shares of Whiting Petroleum (WLL) and Yahoo! Inc. (YHOO) both hit our bullish exit targets today.

FOXA and TJX were triggered.
We want to exit our AXLL trade at the open tomorrow.


Current Portfolio:


BULLISH Play Updates

Avago Technologies - AVGO - close: 43.42 change: +0.34

Stop Loss: 41.30
Target(s): 44.50
Current Gain/Loss: + 7.9%

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:
10/01/13: AVGO's rally continues with a +0.78% gain on top of yesterday's breakout higher. Tonight we are going to raise our stop loss to $41.30. More conservative traders may want to raise their stop closer to the simple 10-dma instead (currently 42.10). 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

10/01/13 new stop loss @ 41.30
09/28/13 new stop loss @ 40.85
09/24/13 new stop loss @ 39.85
09/21/13 new stop loss @ 39.40



Twenty-First Century Fox, Inc. - FOXA - close: 33.98 change: +0.47

Stop Loss: 32.45
Target(s): 37.50
Current Gain/Loss: - 0.4%

Entry on October 01 at $34.10
Listed on September 30, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 8.6 million
New Positions: see below

Comments:
10/01/13: The market's widespread rally helped push FOXA to new multi-year highs. Shares traded above $34.00 and hit our suggested entry point at $34.10. This stock managed to outperform the market with a +1.4% gain today. I would still consider new bullish positions now at current levels.

current Position: Long FOXA stock @ $34.10



Goodyear Tire & Rubber Co. - GT - close: 23.25 change: +0.80

Stop Loss: 21.85
Target(s): 25.00
Current Gain/Loss: + 3.3%

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:
10/01/13: GT also displayed relative strength with a +3.5% gain today. This stock also closed at new multi-year highs. I am raising our stop loss to $21.85, just below yesterday's lows.

current Position: long GT stock @ $22.50

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

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

10/01/13 new stop loss @ 21.85
09/24/13 new stop loss @ 21.65



PolyOne Corp. - POL - close: 30.77 change: +0.06

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:
10/01/13: After looking strong the last couple of sessions POL let us down today with a meager gain. Yet I remain bullish on it and the intraday bounce this afternoon looks like another entry point to buy the stock.

current Position: Long POL stock @ $30.75



PRD Energy - PREGF - close: 0.96 change: -0.07

Stop Loss: TBD
Target(s): TBD
Current Gain/Loss: - 8.2%

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:
10/01/13: PREGF is not making much headway. The stock has been churning up and down on either side of the $1.00 mark the last few days. The fact that shares did not participate in the market's broad-based rally today is a bit worrisome. I do not see any changes from my (last) Thursday night new play description.

*Higher Risk, Speculative Trade*

current Position: Long PREGF stock @ $1.05



Primoris Services - PRIM - close: 25.78 change: +0.30

Stop Loss: 24.75
Target(s): 28.50
Current Gain/Loss: + 1.1%

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:
10/01/13: PRIM rallied to a new all-time high with an intraday spike to $26.32. Unfortunately, shares pared their gains to just +1.1% by the closing bell. I don't see any changes from my earlier comments except that we will raise our stop loss to $24.75.

current Position: Long PRIM stock @ $25.50

10/01/13 new stop loss @ 24.75



Ryanair Holdings - RYAAY - close: 49.91 change: +0.17

Stop Loss: 48.90
Target(s): 54.50
Current Gain/Loss: - 0.9%

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:
10/01/13: All right, now I'm turning cautious on our RYAAY play. Nearly all of the European markets were in rally mode today. Plus, the U.S. markets and the airline index rallied today. Yet RYAAY did not participate. The stock has stalled near round-number resistance/support at $50.00 and its 50-dma.

More conservative traders may want to abandon ship so you have cash available for other trades. I am not suggesting new positions. If RYAAY doesn't improve soon we'll likely drop it.

*small positions*

current Position: Long RYAAY stock @ $50.35



Seagate Technology - STX - close: 44.70 change: +0.94

Stop Loss: 41.95
Target(s): 47.00
Current Gain/Loss: +5.8%

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:
10/01/13: The stock market's broad-based gains allowed STX to race higher. Shares outperformed the major indices with a +2.1% gain and closed at new two-month highs. I am raising our stop loss to $41.95.

current Position: Long STX stock @ $42.25

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

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

10/01/13 new stop loss @ 41.95
09/30/13 new stop loss @ 41.40
09/26/13 new stop loss @ 40.90



The TJX Companies - TJX - close: 56.78 change: +0.39

Stop Loss: 55.40
Target(s): 62.00
Current Gain/Loss: + 0.1%

Entry on October 01 at $56.75
Listed on September 28, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.1 million
New Positions: see below

Comments:
10/01/13: TJX has broken out past short-term resistance near $56.50 and hit our suggested entry point to open bullish positions at $56.75.

Earlier Comments:
Our $62.00 target might be a little aggressive. More conservative investors may want to exit near $60.00.

current Position: Long TJX stock @ $56.75

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

Long 2014 Jan $60 call (TJX1418a60) entry $1.15



BEARISH Play Updates

Axiall Corp. - AXLL - close: 38.08 change: +0.29

Stop Loss: 38.75
Target(s): 35.25
Current Gain/Loss: +1.7%

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:
10/01/13: We are worried that the downward momentum in AXLL has stalled. Shares have been consolidating sideways in the $37-38 zone for a few days now.

Tonight we are suggesting an immediate exit at the opening bell tomorrow morning.

current Position: short AXLL stock @ $38.75

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

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

10/01/13 prepare to exit at the open tomorrow morning
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: 36.51 change: -0.26

Stop Loss: 38.25
Target(s): 34.50
Current Gain/Loss: + 2.0%

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:
10/01/13: So far so good. It's nice to see our bearish play URBN underperforming the market with a -0.7% decline in the face of a broad-based market rally.

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

Whiting Petroleum - WLL - close: 61.77 change: +1.92

Stop Loss: 57.45
Target(s): 62.00
Current Gain/Loss: +9.3%

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:
10/01/13: Target achieved.

WLL accelerated higher thanks to the market's widespread gains. Shares hit $62.22 intraday. Our bullish exit target was $62.00.

closed Position: Long WLL stock @ $56.75 exit $62.00 (+9.3%)

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

2014 Jan $60 call (WLL1418a60) entry $2.80* exit $5.15** (+83.9%)

10/01/13 target hit at $62.00
**option exit price is an estimate since the option did not trade at the time our play was closed.
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.

chart:



Yahoo! Inc. - YHOO - close: 34.31 change: +1.14

Stop Loss: 30.49
Target(s): 34.50
Current Gain/Loss: +11.1%

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:
10/01/13: Target achieved.

YHOO continues to surge. The stock hit new multi-year highs and closed above resistance near $34.00 with today's +3.4% gain. Our exit target was hit at $34.00.

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

*small positions*

closed Position: Long YHOO stock @ $30.60 exit $34.00 (+11.1%)

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

(option play closed on 09/30/13)
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: