Editor's Note:
The small cap index helped lead the U.S. market to new highs on Tuesday.

SPR hit our entry trigger.


Current Portfolio:


BULLISH Play Updates

Autodesk, Inc. - ADSK - close: 49.70 change: +0.24

Stop Loss: 47.40
Target(s): 49.85
Current Gain/Loss: + 6.8%

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:
12/24/13: ADSK extended its gains on Tuesday. The intraday high was $49.73. Our exit target is $49.85. Yesterday we raised the stop loss to $47.40. More conservative traders may want to raise their stop higher or just lock in profits now.

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: 30.44 change: +0.01

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:
12/24/13: It has been a very quiet week for AMTD. Both Monday and Tuesday saw shares close virtually unchanged for the session. Nimble traders may want to consider buying a dip near the $30.00 mark. I am suggesting a breakout. There is no change from my earlier comments.

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: 47.37 change: +0.24

Stop Loss: 45.40
Target(s): 49.90
Current Gain/Loss: + 3.5%

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:
12/24/13: The rally in CMA continues with shares now up five days in a row. I am raising our stop loss to $45.40, just below technical support at its simple 30-dma. 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*

12/24/13 new stop loss @ 45.40
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: 35.56 change: +0.09

Stop Loss: 33.45
Target(s): 39.50
Current Gain/Loss: + 0.6%

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:
12/24/13: I didn't see any headlines that might account for DWA's spike lower this morning but traders bought the dip at $34.68. The bounce back into positive territory has extended DWA's rally to seven up days in a row. Investors may want to start raising their stop loss.

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: 11.84 change: +0.02

Stop Loss: 10.40
Target(s): 12.50
Current Gain/Loss: +10.7%

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:
12/24/13: The rally in GRPN took the day off. Shares drifted sideways and closed virtually unchanged. There is no change from my prior comments. 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: 33.99 change: +0.04

Stop Loss: 32.75
Target(s): 38.50
Current Gain/Loss: - 0.2%

Entry on December 24 at $34.05
Listed on December 21, 2013
Time Frame: Exit PRIOR to earnings in February.
Average Daily Volume = 1.2 million
New Positions: see below

Comments:
12/24/13: Shares of SPR spiked higher and briefly traded above the $34.00 level this morning. Our suggested entry point to launch bullish positions was hit at $34.05. Today's pullback from its intraday high is a little bit worrisome. Traders might want to wait for a new relative high (above 34.26) to initiate new positions.

Earlier Comments:
Our multi-week target is $38.50 but we will plan on exiting positions prior to SPR's earnings report in February.

current Position: long SPR stock @ $34.05

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

Long Apr $35 call (SPR1419D35) entry $2.50*

12/24/13 triggered @ 34.05
*option entry price is an estimate since the option did not trade at the time our play was opened.



Tempur Sealy Intl. - TPX - close: 52.70 change: -0.17

Stop Loss: 49.95
Target(s): 57.50
Current Gain/Loss: - 0.4%

Entry on December 24 at $52.91
Listed on December 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 757 thousand
New Positions: see below

Comments:
12/24/13: TPX opened at $52.91. Shares managed to tag a new high before paring its gains and closing negative. I would still consider new positions now but you might want to consider trying to buy a dip near $52.00, which as broken resistance should be new support.

Earlier Comments:
If this rally continues the stock could see some short covering. The most recent data listed short interest at 17% of the 50 million share float. Our multi-week target is $57.50. More aggressive traders, with enough patience, may want to aim higher since the Point & Figure chart for TPX is bullish with a long-term $66.00 target.

current Position: long TPX stock @ $52.91

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

Long Mar $55 call (TPX1422c55) entry $3.50*

12/24/13 trade opens at $52.91
*option entry price is an estimate since the option did not trade at the time our play was opened.



21Vianet Group, Inc. - VNET - close: 23.22 change: +1.11

Stop Loss: 20.75
Target(s): 24.75
Current Gain/Loss: + 9.5%

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:
12/24/13: VNET's momentum returned on Tuesday with shares marching higher. The stock displayed relative strength with a +5.0% gain and a new record high. I am adjusting our exit target down to $24.75. I am also adjusting our stop loss to $20.75. 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

12/24/13 new stop loss @ 20.75, adjust exit target to $24.75
12/21/13 new stop loss @ 19.90
12/18/13 triggered @ 21.20



WageWorks, Inc. - WAGE - close: 60.65 change: -0.45

Stop Loss: 57.75
Target(s): 67.50
Current Gain/Loss: +0.2%

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:
12/24/13: Tuesday ended up as a disappointing session for WAGE. The stock tagged a new high but then it reversed and underperformed the market with a -0.73% loss. We can watch for what should be short-term support near $60.00 and its simple 10-dma near $59.50. Investors may want to wait for a bounce from these levels before considering new positions.

current Position: long WAGE stock @ $60.55

12/19/13 triggered at $60.55



Western Refining, Inc. - WNR - close: 41.50 change: +0.12

Stop Loss: 38.95
Target(s): 46.00
Current Gain/Loss: + 0.4%

Entry on December 24 at $41.35
Listed on December 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.9 million
New Positions: see below

Comments:
12/24/13: WNR did not see a lot of follow through on yesterday's bullish breakout but shares did manage another gain. Our trade opened this morning at $41.35. There is no change from my new play description last night.

Earlier Comments:
More nimble traders may want to look for a dip back into the $40.50-40.75 zone as an alternative entry point. I would keep in mind that there is a lot of short interest. The most recent data listed short interest at about 28% of the 50.6 million share float. That could fuel a short squeeze in WNR. I am suggesting small positions to limit our risk just in case there is a worker strike at the NTI plant and retail gas stations. Our short-term target is $46.00. More aggressive traders could aim higher since the Point & Figure chart for WNR is bullish with a $50.00 target.

*Small positions *

current Position: Long WNR stock @ $41.35

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

Long Mar $42 call (WNR1422c42) entry $2.70*

12/24/13 trade opened this morning at $41.35
*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.