Editor's Note:
The U.S. market delivered another quiet session on Tuesday.

CL has been removed. FIVE was triggered.


Current Portfolio:


BULLISH Play Updates

CBOE holdings - CBOE - close: 50.18 change: -1.23

Stop Loss: 49.25
Target(s): 57.50
Current Gain/Loss: - 3.0%

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:
11/12/13: CBOE shares underperformed the market with a -2.39% decline. I didn't see any specific news to account for this relative weakness. The stock should find support near it 10 or 20-dma (49.75). I would wait for a bounce before considering new positions.

current Position: long CBOE stock @ $51.75

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

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



Brinker Intl. Inc. - EAT - close: 45.74 change: -0.32

Stop Loss: 43.75
Target(s): 49.75
Current Gain/Loss: - 0.0%

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:
11/12/13: The simple 10-dma has been support over the last several days and traders bought the dip near this moving average again today. 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: 52.13 change: -0.12

Stop Loss: 49.95
Target(s): 59.00
Current Gain/Loss: - 0.7%

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:
11/12/13: The decline in EVR kept pace with the S&P 500 (-0.2%). It looks like that given a little bit more time shares of EVR would have closed positive for the day. 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



Five Below, Inc. - FIVE - close: 51.86 change: -0.13

Stop Loss: 49.65
Target(s): 58.50
Current Gain/Loss: - 0.7%

Entry on November 12 at $52.25
Listed on November 11, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 694 thousand
New Positions: see below

Comments:
11/12/13: FIVE did peek above the $52 level today and the stock hit our suggested entry point at $52.25. Unfortunately shares failed to close above the $52.00 mark. Today's high was $52.28. Give today's performance I would wait for a rise past $52.30 before initiating new positions.

Edit: Yesterday FIVE closed at $51.99. There was a typo last night listing FIVE's closing price at $44.54.

Earlier Comments:
There are plenty of investors who believe FIVE's valuation is too rich. That has led to a rise in short interest. The most recent data listed short interest at 19% of the 46.6 million share float. If FIVE continues to rally it could see a lot more short covering. The recent breakout past round-number resistance at $50.00 should have the bears in a panic. The Point & Figure chart for FIVE is bullish with a $68.00 target.

current Position: long FIVE stock @ $52.25

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

Long DEC $55 call (FIVE1322L55) entry $1.91



HB Fuller Co. - FUL - close: 48.75 change: +0.44

Stop Loss: 47.65
Target(s): 49.75
Current Gain/Loss: + 5.5%

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:
11/12/13: Shares of FUL displayed some relative strength today. Traders bought the dip near $48.00 and the stock bounced to a +0.9% gain.

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: 54.46 change: -0.84

Stop Loss: 52.40
Target(s): 57.50
Current Gain/Loss: + 0.6%

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:
11/12/13: I cautioned readers last night that yesterday's action looked like a potential short-term top in HAL. The stock's relative weakness today (-1.5%) might confirm it. Shares should still see short-term support near $54.00 and its 10-dma so tomorrow could prove interesting.

Earlier Comments:
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: 39.99 change: -0.91

Stop Loss: 38.65
Target(s): 44.75
Current Gain/Loss: - 0.6%

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:
11/12/13: Hmm... NAV's performance today does not inspire any confidence. Shares gave back -2.2% and essentially erased yesterday's bullish breakout past resistance near $40.00. The stock did close at $40.00 (close enough) so this could just be a test of new support. I would wait for a new rally past $40.25 before considering new positions.

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: 42.61 change: +0.08

Stop Loss: 41.65
Target(s): 47.50
Current Gain/Loss: - 0.3%

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:
11/12/13: The XLP delivered a quiet session on Tuesday with shares drifting sideways near $42.50. 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: 43.93 change: +0.14

Stop Loss: 47.05
Target(s): 37.00
Current Gain/Loss: - 1.2%

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:
11/12/13: It looks like the oversold bounce in TDC is not over yet. Fortunately bulls seem to be struggling with resistance near the $44.00 level. I am suggesting caution here. 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 BULLISH PLAYS

Colgate-Palmolive Co. - CL - close: 64.72 change: +0.10

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: see below

Comments:
11/12/13: We are removing CL as an active candidate. The stock has not hit our suggested entry point at $66.25 and is unlikely to do so any time soon.

Trade did not open.

11/12/13 removed from the newsletter. suggested trigger was $66.25

chart: