Editor's Note:
The big cap indices (S&P 500 and Dow Industrials) are hitting new highs with another broad-based rally. The NASDAQ set a new 13-year closing high.

We want to exit our NAV and TDC trades at the opening bell tomorrow.


Current Portfolio:


BULLISH Play Updates

Anika Therapeutics - ANIK - close: 31.23 change: -0.37

Stop Loss: 29.75
Target(s): 38.00
Current Gain/Loss: unopened

Entry on November -- at $--.--
Listed on November 12, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 275 thousand
New Positions: Yes, see below

Comments:
Hmm... ANIK underperformed both the broader market and its peers in the biotech industry today. Nimble traders may want to consider buying a dip near $30.00. Officially the newsletter is suggesting a trigger to launch positions at $32.05. If triggered our target is $38.00.

Earlier Comments:
I do consider biotech stocks to be higher-risk, more aggressive trades. We never know when a headline about some clinical trial or FDA approval process could spark a big gap down or gap higher in the stock. I am suggesting small positions to limit our risk.

Trigger @ 32.05 *small positions*

Suggested Position: buy ANIK stock @ (trigger)



CBOE holdings - CBOE - close: 50.65 change: +0.47

Stop Loss: 49.25
Target(s): 57.50
Current Gain/Loss: - 2.1%

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:
Traders bought the dip in CBOE near its 10-dma and 20-dma and the $50.00 level. I would use today's intraday bounce as a new entry point to launch 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: 45.90 change: +0.16

Stop Loss: 44.75
Target(s): 49.75
Current Gain/Loss: + 0.3%

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:
Once again shares of EAT rebounded off short-term technical support at the rising 10-dma. I am raising our stop loss up to $44.75.

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*

11/13/13 new stop loss @ 44.75
*option entry price is an estimate since the option did not trade at the time our play was opened.



Evercore Partners - EVR - close: 53.00 change: +0.87

Stop Loss: 49.95
Target(s): 59.00
Current Gain/Loss: + 1.0%

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:
EVR displayed some relative strength. The stock quickly bounced off its morning lows and rallied to a +1.66% gain. This is a new two-week high. Traders could use today's move as a new entry point to launch 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: 52.10 change: +0.24

Stop Loss: 49.65
Target(s): 58.50
Current Gain/Loss: - 0.3%

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:
FIVE's early morning rally faded but shares still managed to close with a +0.4% gain on the session. I would consider new positions at current levels.

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: 49.45 change: +0.70

Stop Loss: 47.65
Target(s): 49.75
Current Gain/Loss: + 7.0%

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:
FUL rebounded off its midday lows and then broke out to a new high. The breakout past resistance near $49.00 is bullish. Our exit target is $49.75 but more aggressive traders may want to aim higher.

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: 55.54 change: +1.08

Stop Loss: 53.25
Target(s): 57.50
Current Gain/Loss: + 2.6%

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:
It was a good day for HAL bulls. The stock quickly rebounded off its morning lows and surged to a +1.98% gain and a new two-year closing high. I am raising our stop loss to $53.25.

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

11/13/13 new stop loss @ 53.25



Navistar Intl. - NAV - close: 39.75 change: -0.24

Stop Loss: 38.65
Target(s): 44.75
Current Gain/Loss: - 1.2%

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:
Warning! The market is breaking out to new highs but NAV is not participating. Shares underperformed the market today and is now back below resistance at the $40.00 level. I am suggesting we exit immediately to cut our losses early and make room for a stock that is participating in the market rally.

Exit at the opening bell tomorrow.

current Position: long NAV stock @ $40.25

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

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

11/13/13 prepare to exit at the open tomorrow morning
*option entry price is an estimate since the option did not trade at the time our play was opened.



Consumer Staples ETF - XLP - close: 42.97 change: +0.36

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:
XLP delivered a strong move higher (+0.84%) but this ETF closed just below prior resistance in the $43.00 area. 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: 44.95 change: +1.02

Stop Loss: 47.05
Target(s): 37.00
Current Gain/Loss: - 3.6%

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:
Bearish plays can be tough to trade with the market breaking out to new highs. TDC has spent the last few days hovering below resistance at $44.00. The stock broke through that resistance today and outperformed the market with a +2.3% gain. I am suggesting we exit immediately to cut our losses and move on.

current Position: short TDC stock @ $43.40

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

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

11/13/13 prepare to exit tomorrow morning at the open
11/04/13 triggered at $43.40
11/02/13 adjust entry trigger from $43.50 to $43.40