Editor's Note:
The large cap indices continue to hit new highs. The Russell 2000 underperformed and actually closed negative, which could be a warning signal.

CRL and VRSN were triggered.
NAV and TDC were closed as planned.


Current Portfolio:


BULLISH Play Updates

Anika Therapeutics - ANIK - close: 30.82 change: -0.41

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:
11/14/13: ANIK failed again near the $32.00 level. If this happens again we will likely drop it as a candidate. The pullback today stalled at its simple 10-dma. Currently we are 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: 50.54 change: -0.11

Stop Loss: 49.25
Target(s): 57.50
Current Gain/Loss: - 2.3%

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:
11/14/13: Lack of follow through on yesterday's bounce does not inspire any confidence in CBOE. I am not suggesting new positions at the moment.

current Position: long CBOE stock @ $51.75

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

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



Charles River Labs Intl. - CRL - close: 51.65 change: +0.62

Stop Loss: 49.40
Target(s): 55.00
Current Gain/Loss: + 0.3%

Entry on November 14 at $51.50
Listed on November 13, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 418 thousand
New Positions: see below

Comments:
11/14/13: Our new play on CRL is off to a strong start. Shares outperformed the market with a +1.2% gain and a new high. The breakout past the $51.00 area is bullish. Our suggested entry point to launch positions was hit at $51.50.

Our plan was to keep our position size small to limit our risk. FYI: The Point & Figure chart for CRL is bullish with a $58.00 target.

*small positions*

current Position: long CRL stock @ $51.50



Brinker Intl. Inc. - EAT - close: 45.92 change: +0.02

Stop Loss: 44.75
Target(s): 49.75
Current Gain/Loss: + 0.4%

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:
11/14/13: For the third time in as many days shares of EAT dip to and bounced from their rising 10-dma. Traders may want to wait for a new high above $46.30 before initiating new positions.

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: 52.62 change: -0.38

Stop Loss: 49.95
Target(s): 59.00
Current Gain/Loss: + 0.2%

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:
11/14/13: EVR underperformed the financial sector and the broader market today. Traders did buy the midday dip. More conservative traders might want to wait for a rally past $53.00 before initiating 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: 53.44 change: +1.34

Stop Loss: 49.65
Target(s): 58.50
Current Gain/Loss: + 2.3%

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:
11/14/13: Shares of FIVE retested short-term technical support at their 10-dma this morning and then surged to a +2.5% gain and a new all-time closing high. Readers may want to start raising their stops.

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: 49.50 change: +0.05

Stop Loss: 47.65
Target(s): 49.75
Current Gain/Loss: + 7.1%

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:
11/14/13: FUL hit an intraday high of $49.62. Our exit target is $49.75. More conservative traders may want to just exit now.

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: 56.26 change: +0.72

Stop Loss: 53.65
Target(s): 57.50
Current Gain/Loss: + 3.9%

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:
11/14/13: HAL continued to rally following yesterday's bounce. Today's +1.29% gain left shares at a new two-year closing high. Wednesday's low was $53.72. I am raising our stop loss to $53.65.

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

11/14/13 new stop loss @ 53.65
11/13/13 new stop loss @ 53.25



VeriSign, Inc. - VRSN - close: 55.81 change: +0.71

Stop Loss: 53.75
Target(s): 59.50
Current Gain/Loss: +1.0%

Entry on November 14 at $55.25
Listed on November 13, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.1 million
New Positions: see below

Comments:
11/14/13: The rally in VRSN continues and shares broke through resistance near $55.00. Our trigger to launch positions was hit at $55.25.


FYI: The Point & Figure chart for VRSN is bullish with a long-term $76.00 target.

current Position: long VRSN stock @ $55.25

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

Long 2014 Jan $55 call (VRSN1418a55) entry $2.01



Consumer Staples ETF - XLP - close: 43.28 change: +0.31

Stop Loss: 41.65
Target(s): 47.50
Current Gain/Loss: + 1.2%

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:
11/14/13: The XLP did see some follow through on Wednesday's big bounce. Shares outperformed the major indices with a +0.7% gain and a bullish breakout past resistance to new record highs.

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


None. We do not have any active bearish trades.



CLOSED BULLISH PLAYS

Navistar Intl. - NAV - close: 39.74 change: -0.01

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:
11/14/13: We decided last night that NAV was not performing well and we could close positions today. Shares opened at $39.76 and spent another day drifting sideways, not participating in the market's widespread rally.

closed Position: long NAV stock @ $40.25 exit $39.76 (-1.2%)

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

2014 Jan $40 call (NAV1418a40) entry $3.00* exit $2.60** (-13.3%)

11/14/13 planned exit at the open
**option exit price is an estimate since the option did not trade at the time our play was closed.
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.

chart:



CLOSED BEARISH PLAYS

Teradata Corp. - TDC - close: 44.80 change: -0.15

Stop Loss: 47.05
Target(s): 37.00
Current Gain/Loss: - 2.5%

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:
11/14/13: TDC has not been cooperating with our bearish plans for the stock. We decided last night to exit positions at the opening bell this morning. TDC gapped open lower at $44.48.

closed Position: short TDC stock @ $43.40 exit $44.48 (-2.5%)

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

2014 Jan $40 PUT (TDC1418m40) entry $0.90 exit $0.59 (-34.4%)

11/14/13 planned exit
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

chart: