Editor's Note:
The market's bounce continued on Monday with the major U.S. indices posting gains.

YNDX and TDC hit our entry triggers.


Current Portfolio:


BULLISH Play Updates

Adobe Systems - ADBE - close: 55.39 change: +0.78

Stop Loss: 53.40
Target(s): 58.50
Current Gain/Loss: + 3.5%

Entry on October 22 at $53.50
Listed on October 21, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.6 million
New Positions: see below

Comments:
11/04/13: A bullish market environment allowed ABDE to race higher and shares added +1.4%. I am raising our stop loss to $53.40.

current Position: long ADBE stock @ $53.50

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

Long 2014 Jan $55 call (ADBE1418a55) entry $1.95

11/04/13 new stop loss @ 53.40
11/02/13 new stop loss @ 52.40



East West Bancorp - EWBC - close: 33.55 change: -0.03

Stop Loss: 32.90
Target(s): 39.00
Current Gain/Loss: - 3.3%

Entry on October 29 at $34.71
Listed on October 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.2 million
New Positions: see below

Comments:
11/04/13: I am still urging caution on our EWBC trade. This stock underperformed the financial sector today although it's worth mentioning that today's decline in EWBC was pretty mild.

More conservative traders may want to abandon ship or raise their stops closer to the $33.30 level. I do see potential support at $33.00 so we'll hold on for now but I am not suggesting new positions.

current Position: long EWBC stock @ $34.71

10/31/13 EWBC is not performing well. Trades may want to exit early now
10/29/13 trade opened on gap higher at $34.71.
10/28/13 adjust entry point to $34.60 from $34.50. Today's high was $34.49.



HB Fuller Co. - FUL - close: 48.92 change: +0.95

Stop Loss: 46.95
Target(s): 49.75
Current Gain/Loss: + 5.9%

Entry on October 15 at $46.20
Listed on October 12, 2013
Time Frame: 4 to 8 weeks
Average Daily Volume = 405 thousand
New Positions: see below

Comments:
11/04/13: FUL's recent bounce has turned into a rally. Shares broke out to new all-time highs with today's +1.98% gain. I am inching our stop loss up to $46.95.

Earlier comments:
Our target is $49.75. More aggressive traders may want to aim higher. FUL's point & figure chart has created a spread triple-top breakout buy signal with a $62 target.

current Position: long FUL stock @ $46.20

11/04/13 new stop loss @ 46.95
10/29/13 new stop loss @ 46.75
10/22/13 new stop loss @ 45.75
10/17/13 new stop loss @ 44.95
10/15/13 be careful. FUL hit our trigger on a very brief intraday spike
10/14/13 adjust entry trigger to $46.20 from $46.15



Krispy Kreme Doughnuts, Inc. - KKD - close: 24.59 change: +0.49

Stop Loss: 23.40
Target(s): (sold half @ 23.25) exit the 2nd half at $26.50

Current Gain/Loss: (+14.5%) 2nd half = +21.1%

Entry on October 03 at $20.30
Listed on October 02, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.25 million
New Positions: see below

Comments:
11/04/13: KKD is also showing relative strength. The stock hit new multi-year highs this morning and outperformed the market with a +2.0% gain. I am not suggesting new positions at this time.

Earlier Comments:
KKD is prone to some intraday spikes. I am suggesting small positions to limit our risk.

*small positions*

current Position: Long KKD stock @ $20.30

10/29/13 new stop loss @ 23.40
10/22/13 Exit Strategy Update: We are raising our exit target on the second half of our trade from $24.75 to $26.50.
new stop loss @ 22.85.
10/19/13 new stop loss @ 22.40
10/14/13 new stop loss @ 21.85
10/08/13 new stop loss @ 21.40
10/08/13 1st target hit at $23.25 (sell half) +14.5%
10/05/13 Strategy Update: new stop loss @ 20.45
Plus, we want to sell half of our position at $23.25 and then exit the rest of our position at $24.75.



Micron Technology - MU - close: 17.89 change: +0.32

Stop Loss: 17.40
Target(s): 19.90
Current Gain/Loss: unopened

Entry on November -- at $--.--
Listed on November 02, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 52 million
New Positions: Yes, see below

Comments:
11/04/13: MU was also showing some relative strength today. Monday's +1.79% gain was enough to outperform the SOX semiconductor index and all of the major U.S. indices. The rally did pause at the $18.00 level.

Earlier Comments:
Over 10% of the float is short interest and further gains could spark some short covering.

More aggressive traders may want to launch bullish positions now. I am suggesting a trigger to open bullish positions at $18.05. If triggered our target is $19.90.

Trigger @ 18.05

Suggested Position: buy MU stock @ (trigger)



Sonoco Products Co. - SON - close: 40.91 change: +0.25

Stop Loss: 39.75
Target(s): 44.75
Current Gain/Loss: unopened

Entry on October -- at $--.--
Listed on October 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 436 thousand
New Positions: Yes, see below

Comments:
11/04/13: I was ready to drop SON for lack of movement but shares outperformed the market today with a +0.6% gain. The stock looks poised to breakout past resistance near $41.00 soon.

I am suggesting a trigger to open bullish positions at $41.25. If triggered our target is $44.75. More aggressive traders may want to aim higher.

Trigger @ 41.25

Suggested Position: buy SON stock @ (trigger)



Consumer Staples ETF - XLP - close: 42.55 change: +0.04

Stop Loss: 40.75
Target(s): 47.50
Current Gain/Loss: - 0.5%

Entry on October 29 at $42.75
Listed on October 28, 2013
Time Frame: 9 to 12 weeks
Average Daily Volume = 7.0 million
New Positions: see below

Comments:
11/04/13: XLP spiked higher this morning but shares pared their gains by lunchtime. I would still consider new positions here.

current Position: long the XLP @ $42.75

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

Long 2014 Jan $43 call (XLP1418a43) entry $0.71*

10/30/13 FYI: today's session has created a bearish reversal pattern. Look for a dip back toward $42.00.
*option entry price is an estimate since the option did not trade at the time our play was opened.



Yandex N.V. - YNDX - close: 37.71 change: -0.32

Stop Loss: 35.90
Target(s): 1st target @ 41.75, 2nd target @ 44.50
Current Gain/Loss: - 2.1%

Entry on November 04 at $38.50
Listed on November 02, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.2 million
New Positions: see below

Comments:
11/04/13: Our new play on YNDX has been triggered. I want to remind readers that this is an aggressive, higher-risk trade. YNDX can be volatile. Shares gapped higher this morning and hit our suggested entry trigger at $38.50 but unfortunately the rally didn't last. Shares reversed at their 10-dma and 20-dma near $38.65. Traders may want to wait for a rally above today's high before considering new bullish positions.

Earlier Comments:
I want to caution you that this is an aggressive, higher-risk trade. YNDX can be a volatile stock. Our first target is $41.75. Our secondary, more aggressive target is $44.50.

*small positions*

current Position: Long YNDX stock @ $38.50

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

Long 2014 Jan $40 call (YNDX1418a40) entry $1.75



BEARISH Play Updates

Puma Biotechnology - PBYI - close: 39.79 change: -0.03

Stop Loss: 41.25
Target(s): 31.00
Current Gain/Loss: - 2.7%

Entry on October 31 at $38.75
Listed on October 30, 2013
Time Frame: 3 to 6 weeks
Average Daily Volume = 226 thousand
New Positions: see below

Comments:
11/04/13: Good news! There was no follow through on Friday's bounce in PBYI. The stock traded sideways, stuck under resistance near $40.00 and its simple 200-dma. I am not suggesting new positions at this time.

Remember, this is a higher-risk, more aggressive trade. We want to keep our position size small.

Earlier Comments:
Our target is $31.00. More aggressive traders may want to aim lower since the Point & Figure chart for PBYI is bearish with a $20 target.

NOTE: You could try and limit your risk by buying put options instead of shorting the stock but the option spreads are wide thanks to PBYI's volatility.

*small positions*

current Position: short PBYI stock @ $38.75



Teradata Corp. - TDC - close: 43.01 change: -0.99

Stop Loss: 47.05
Target(s): 37.00
Current Gain/Loss: + 0.9%

Entry on November 04 at $43.40
Listed on October 31, 2013
Time Frame: 4 to 8 weeks
Average Daily Volume = 4.1 million
New Positions: see below

Comments:
11/04/13: The weakness in TDC continued. Shares underperformed the market with a -2.25% decline on Monday. Our suggested trigger to launch bearish positions was hit at $43.40.

Earlier Comments:
The $40.00 level might be round-number support but we're aiming for $37.00. FYI: The Point & Figure chart for TDC is bearish with a $22.00 target.

current Position: short TDC stock @ $43.40

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

Long 2014 Jan $40 PUT (TDC1418m40) entry $0.90

11/04/13 triggered at $43.40
11/02/13 adjust entry trigger from $43.50 to $43.40