Editor's Note:
Monday was Veteran's Day and the bond market was closed. Meanwhile the U.S. equity markets seemed content just to tread water.

CBOE and NAV were triggered. IP has been removed.


Current Portfolio:


BULLISH Play Updates

CBOE holdings - CBOE - close: 51.41 change: +0.29

Stop Loss: 49.25
Target(s): 57.50
Current Gain/Loss: - 0.7%

Entry on November 11 at $51.75
Listed on November 09, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 530 thousand
New Positions: see below

Comments:
11/11/13: CBOE continued to rally this morning. The stock broke through resistance near $51.00 and hit our trigger to launch positions at $51.75. Unfortunately CBOE did pare back its gains. I would use a bounce from current levels as another entry point.

current Position: long CBOE stock @ $51.75

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

Long 2014 Jan $50 call (CBOE1418a50) entry $2.85



Colgate-Palmolive Co. - CL - close: 64.62 change: -0.21

Stop Loss: 64.75
Target(s): 70.00
Current Gain/Loss: unopened

Entry on November -- at $--.--
Listed on November 06, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.6 million
New Positions: Yes, see below

Comments:
11/11/13: CL's early morning gains faded and the stock spent most of the session drifting sideways.

I am suggesting investors stick to our original plan and wait for a breakout over resistance near $66.00. I am suggesting a trigger to open bullish positions at $66.25. If triggered our multi-week target is $70.00 but we will adjust this as needed.

Trigger @ 66.25

Suggested Position: buy CL stock @ (trigger)

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

Buy the 2014 Jan $65 call (CL1418a65)



Brinker Intl. Inc. - EAT - close: 46.06 change: +0.12

Stop Loss: 43.75
Target(s): 49.75
Current Gain/Loss: + 0.7%

Entry on November 06 at $45.75
Listed on November 05, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.4 million
New Positions: see below

Comments:
11/11/13: Monday proved to be a relatively quiet day for shares of EAT. Yet the stock did manage to push past short-term resistance near $46.00. More conservative investors may want to consider raising their stop closer to the 10-dma.

Earlier Comments:
The latest data listed short interest at 10% of the 65.5 million share float. If this rally continues it could spark some short covering. Our target is $49.75. More aggressive traders could aim higher. The Point & Figure chart for EAT is bullish with a $67.50 target.

I want to urge a little caution if you plan to use the call options. EAT's January options have some relatively wide spreads. The 2014 January $45s seem to be the exception for now but that doesn't mean the spread will stay this narrow (it could get worse).

current Position: long EAT stock @ $45.75

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

Long 2014 Jan $45 call (EAT1418a45) entry $1.70*

*option entry price is an estimate since the option did not trade at the time our play was opened.



Evercore Partners - EVR - close: 52.25 change: -0.02

Stop Loss: 49.95
Target(s): 59.00
Current Gain/Loss: - 0.5%

Entry on November 07 at $52.50
Listed on November 06, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 439 thousand
New Positions: see below

Comments:
11/11/13: EVR's midday rally failed near last week's high (around 52.80). On a short-term basis I would not be surprised to see another dip. Consider waiting for a new rally past $52.80 before launching new positions.

Our multi-week target is $59.00. More aggressive investors could aim higher since the Point & Figure chart for EVR is bullish with a $69 target.

current Position: Long EVR stock @ $52.50



HB Fuller Co. - FUL - close: 48.31 change: +0.06

Stop Loss: 47.65
Target(s): 49.75
Current Gain/Loss: + 4.6%

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:
11/11/13: FUL saw a small spike down to a new one-week low this morning. Fortunately traders bought the dip near its rising 20-dma. I would stay cautious on this one. I'm not suggesting new positions.

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

11/09/13 new stop loss @ 47.65
11/07/13 new stop loss @ 47.40
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



Halliburton Co. - HAL - close: 55.30 change: -0.02

Stop Loss: 52.40
Target(s): 57.50
Current Gain/Loss: + 2.1%

Entry on November 06 at $54.15
Listed on November 04, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 7.8 million
New Positions: see below

Comments:
11/11/13: Monday was a bit disappointing for the bulls. HAL rallied to a new 52-week high only to see its gains fade by the closing bell. This could be a short-term top and I would not be surprised to see a dip toward short-term support near $54.00.

Currently our target is $57.50 but we're debating whether to raise that target to $59.50. The Point & Figure chart for HAL is bullish with a $62.00 target.

current Position: long HAL stock @ $54.15

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

Long 2014 Jan $55 call (HAL1418a55) entry $1.78



Navistar Intl. - NAV - close: 40.90 change: +1.08

Stop Loss: 38.65
Target(s): 44.75
Current Gain/Loss: + 1.6%

Entry on November 11 at $40.25
Listed on November 09, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 824 thousand
New Positions: see below

Comments:
11/11/13: There was no slow down in shares of NAV today. The stock continued to rally and broke through major resistance near $40.00. Our trigger to launch positions was hit at $40.25.

Earlier Comments:
A breakout here could spark some short covering. The most recent data listed short interest at almost 25% of the 53.4 million share float. Our target is $44.75. More aggressive investors may want to aim higher. The Point & Figure chart for NAV is bullish with a $54.00 target.

current Position: long NAV stock @ $40.25

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

Long 2014 Jan $40 call (NAV1418a40) entry $3.00*

*option entry price is an estimate since the option did not trade at the time our play was opened.



Consumer Staples ETF - XLP - close: 42.54 change: -0.14

Stop Loss: 41.65
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:
11/11/13: XLP's momentum indicators are turning bearish. The MACD on the daily chart is about to produce a sell signal. I am not suggesting new positions and more conservative investors may want to raise their stop loss.

current Position: long the XLP @ $42.75

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

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

11/06/13 new stop loss @ 41.65
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.



BEARISH Play Updates

Teradata Corp. - TDC - close: 43.79 change: +0.29

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:
11/11/13: TDC is still trying to bounce and managed to outperform the major market indices with a +0.66% gain. The rally did pause at resistance near $44.00 all day long. Unfortunately TDC has not really been cooperating with us. More conservative investors may want to lower their stops.

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



CLOSED BEARISH PLAYS

International Paper Co. - IP - close: 44.51 change: +0.55

Stop Loss: 44.10
Target(s): 37.50
Current Gain/Loss: unopened

Entry on November -- at $--.--
Listed on November 07, 2013
Time Frame: 4 to 6 weeks
Average Daily Volume = 4.1 million
New Positions: see below

Comments:
11/11/13: IP's bounce from support continues. Our trade has not opened yet. Given the stock's recent show of strength we are electing to drop IP as a bearish candidate. I would reconsider bearish positions on a breakdown below support near $43.00.

Trade did not open.

11/11/13 removed from the newsletter. suggested trigger was $42.80

chart: