Editor's Note:
The stock market's Santa Claus rally continued on Monday with another round of new highs.

CSCO hit our stop loss.


Current Portfolio:


BULLISH Play Updates

Autodesk, Inc. - ADSK - close: 49.46 change: +0.27

Stop Loss: 46.40
Target(s): 49.85
Current Gain/Loss: + 6.3%

Entry on December 05 at $46.55
Listed on December 04, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.0 million
New Positions: see below

Comments:
12/23/13: ADSK kept pace with the rally in the S&P 500 with a +0.53% gain today. The stock is nearing our exit target at $49.85. Tonight I'm adjusting our stop loss to $47.40. I am not suggesting new positions at this time.

It was our plan to exit the 2014 Jan $47 call this morning. ADSK's small gap open higher should have helped our exit.

current Position: long ADSK stock @ $46.55

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

2014 Jan $47 call (ADSK1418a47) entry $1.35 exit $2.75* (+103.7%)

12/23/13 new stop loss @ 47.40
12/23/13 planned exit for the 2014 Jan $47 call
*option exit price is an estimate since the option did not trade at the time our play was closed.
12/21/13 prepare to exit the 2014 Jan $47 call on Monday morning
12/18/13 new stop loss @ 46.40
12/14/13 adjust exit target to $49.85



TD Ameritrade Holding Corp. - AMTD - close: 30.43 change: +0.02

Stop Loss: 29.45
Target(s): 33.85
Current Gain/Loss: unopened

Entry on December -- at $--.--
Listed on December 21, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.9 million
New Positions: Yes, see below

Comments:
12/23/13: AMTD was trading higher before the opening bell but gains faded at the open. Shares opened at $30.56 and the high for the day was $30.60. I don't see any changes from my weekend new play comments on AMTD.

Earlier Comments:
The stock has been gaining momentum and this past week shares hit new multi-year highs. As a matter of fact, shares of AMTD have not traded above $30.00 a share since the year 1999. Last Thursday's high was $30.58. I am suggesting a trigger to open bullish positions at $30.65. If triggered our target is $33.85 as the $34.00 level looks like potential resistance.

Trigger @ 30.65

Suggested Position: buy AMTD stock @ (trigger)



Comerica Inc. - CMA - close: 47.13 change: +0.40

Stop Loss: 44.90
Target(s): 49.90
Current Gain/Loss: + 3.0%

Entry on November 25 at $45.76
Listed on November 21, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.5 million
New Positions: see below

Comments:
12/23/13: CMA displayed some relative strength on Monday with a +0.85% gain. I am not suggesting new positions at this time.

current Position: Long CMA stock @ $45.76

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

Long 2014 Jan $45 call (CMA1418a45) entry $1.72*

12/18/13 new stop loss @ 44.90
11/25/13 trade opened on gap higher at $45.76. suggested trigger was $45.65
*option entry price is an estimate since the option did not trade at the time our play was opened.



DreamWorks Animation - DWA - close: 35.47 change: +0.33

Stop Loss: 33.45
Target(s): 39.50
Current Gain/Loss: + 0.3%

Entry on December 20 at $35.35
Listed on December 19, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 702 thousand
New Positions: see below

Comments:
12/23/13: DWA was also showing relative strength on Monday with a +0.9% gain. Today's move can be used as a new bullish entry point.

current Position: long DWA stock @ $35.35

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

Long Mar $35 call (DWA1422c35) entry $2.65*

12/20/13 triggered @ 35.35
*option entry price is an estimate since the option did not trade at the time our play was opened.



Groupon, Inc. - GRPN - close: 11.82 change: +0.14

Stop Loss: 10.40
Target(s): 12.50
Current Gain/Loss: +10.5%

Entry on December 17 at $10.70
Listed on December 12, 2013
Time Frame: to 8 weeks
Average Daily Volume = 18.4 million
New Positions: see below

Comments:
12/23/13: The upward momentum continues for our GRPN trade. Shares added another +1.1% gain. I am a little bit concerned that the $12.00 level might be round-number resistance. More conservative investors may want to go ahead and take some money off the table here. I am not suggesting new positions.

Earlier Comments:
Our target is $12.50. A rally past $11.00 will create a new buy signal on GRPN's point & figure chart.

current Position: Long GRPN stock @ $10.70

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

Long 2014 FEB $12 call (GRPN1422b12) entry $0.67

12/23/13 more conservative traders may want to take some money off the table with GRPN hovering below the $12.00 level.
12/19/13 new stop loss @ 10.40
12/18/13 new stop loss @ 9.95
12/17/13 triggered at $10.70




Spirit Aero Systems - SPR - close: 33.95 change: +0.35

Stop Loss: 32.75
Target(s): 38.50
Current Gain/Loss: unopened

Entry on December -- at $--.--
Listed on December 21, 2013
Time Frame: Exit PRIOR to earnings in February.
Average Daily Volume = 1.2 million
New Positions: Yes, see below

Comments:
12/23/13: SPR also displayed relative strength on Monday with a +1.0% gain. Yet the rally stalled near the $34.00 level. I don't see any changes from the weekend newsletter's new play comments.

Earlier Comments:
Friday's high was $33.75. I am suggesting a trigger to open bullish positions at $34.05 If triggered our multi-week target is $38.50 but we will plan on exiting positions prior to SPR's earnings report in February.

Trigger @ 34.05

Suggested Position: buy SPR stock @ (trigger)

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

Buy the Apr $35 call (SPR1419D35) current ask $2.45



21Vianet Group, Inc. - VNET - close: 22.11 change: -0.29

Stop Loss: 19.90
Target(s): 24.90
Current Gain/Loss: + 4.3%

Entry on December 18 at $21.20
Listed on December 17, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 614 thousand
New Positions: see below

Comments:
12/23/13: After Friday's big gain VNET saw a little bit of profit taking today (-1.29%). I am not suggesting new positions at this time.

Earlier Comments:
We want to keep our position size small for a reason. First, VNET has obviously been very volatile over the last couple of months. That could make it tough to trade. Second, the post-IPO high from back in 2011 is $22.33 and that could be significant overhead resistance. I am not listing the options on VNET because the spreads are a bit too wide to trade. However, using the options could limit your risk.

*small positions*

current Position: Long VNET stock @ $21.20

12/21/13 new stop loss @ 19.90
12/18/13 triggered @ 21.20



WageWorks, Inc. - WAGE - close: 61.10 change: +1.21

Stop Loss: 57.75
Target(s): 67.50
Current Gain/Loss: +0.9%

Entry on December 19 at $60.55
Listed on December 16, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 347 thousand
New Positions: see below

Comments:
12/23/13: WAGE is starting to look a lot stronger thanks to today's rally to a new all-time high. Traders were buying the dip late this afternoon. I would use the late-day bounce as a new bullish entry point.

current Position: long WAGE stock @ $60.55

12/19/13 triggered at $60.55



BEARISH Play Updates


None. We do not have any active bearish trades.



CLOSED BEARISH PLAYS

Cisco Systems - CSCO - close: 21.57 change: +0.44

Stop Loss: 21.55
Target(s): 17.00
Current Gain/Loss: - 3.9%

Entry on December 17 at $20.74
Listed on December 14, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 50 million
New Positions: see below

Comments:
12/23/13: CSCO has not been cooperating. The stock's oversold bounce continued on Monday. Shares just posted their fifth gain in a row. Our stop loss was hit at $21.55 this afternoon.

closed Position: short CSCO stock @ $20.74 exit $21.55 (-3.9%)

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

Feb $20 PUT (CSCO1422n20) entry $0.63 exit $0.35 (-44.4%)

12/23/13 stopped out
12/18/13 CSCO is not cooperating and traders may want to exit early or lower their stop loss.
12/17/13 trade opens. CSCO @ $20.74
12/16/13 New entry point strategy: launch bearish positions at the opening bell on Tuesday, Dec. 17th. Prior entry point was a trigger at $19.85

chart: