Editor's Note:
The U.S. stock market continues to melt higher as we approach the end of 2013.

ADSK hit our bullish exit target today.

GE hit our entry trigger.


Current Portfolio:


BULLISH Play Updates

TD Ameritrade Holding Corp. - AMTD - close: 30.22 change: -0.22

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:
12/26/13: Hmm... AMTD displayed some relative weakness today (-0.7%). 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: 47.51 change: +0.14

Stop Loss: 45.40
Target(s): 49.90
Current Gain/Loss: + 3.8%

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:
12/26/13: CMA spent most of today's session inside a narrow 30-cent range. Yet the high for the day was $48.69. I suspect that high, which happened to be the opening trade, is actually a bad tick. I am turning a bit more cautious. CMA is up several days in a row. We'll move our stop loss to breakeven at $45.76. 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*

12/26/13 new stop loss @ 45.76
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: 35.47 change: -0.09

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:
12/26/13: Today was a forgettable session for DWA. On Tuesday shares rose nine cents. Today saw DWA give back those nine cents. On a short-term basis I would not be surprised to see DWA dip back to $35.00 or possibly the $34.50 area. For anyone counting today's decline snapped a seven-day winning streak for DWA's stock price.

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.



General Electric - GE - close: 27.83 change: +0.22

Stop Loss: 26.95
Target(s): 31.50
Current Gain/Loss: + 0.3%

Entry on December 26 at $27.75
Listed on December 24, 2013
Time Frame: Exit PRIOR to earnings on January 17th
Average Daily Volume = 37 million
New Positions: see below

Comments:
12/26/13: Our new trade on GE has been triggered. The stock gapped open higher at $27.68 and quickly hit our suggested entry point at $27.75. GE displayed relative strength with a +0.79% gain on the session.

Our short-term target is $31.50 but we will plan on exiting prior to GE's earnings report in mid January. Odds are our $31.50 target is a bit too optimistic. We may end up exiting closer to $30.00.

current Position: long GE stock @ $27.75

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

Long Feb $28 call (GE1422B28) entry $0.58

12/26/13 triggered @ 27.75



Groupon, Inc. - GRPN - close: 11.99 change: +0.15

Stop Loss: 10.70
Target(s): 12.50
Current Gain/Loss: +12.1%

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:
12/26/13: GRPN continues to impress. Shares are now up eight days in a row and outperformed the market today with a +1.26% gain. You'll notice that shares failed to close above the $12.00 mark. I am worried that $12.00 is potential resistance. Readers may want to take profits now. I am not suggesting new positions.

We will adjust our stop loss to breakeven at $10.70.

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

12/26/13 new stop loss @ 10.70
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: 34.18 change: +0.19

Stop Loss: 32.75
Target(s): 38.50
Current Gain/Loss: + 0.4%

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:
12/26/13: SPR continues to drift higher and added +0.55% today. I would consider new positions here or you could wait for a new relative high above $34.30.

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: 53.44 change: +0.74

Stop Loss: 50.95
Target(s): 57.50
Current Gain/Loss: + 1.0%

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:
12/26/13: TPX shot higher this morning. The stock briefly traded above $54.00 before paring its gains. Even with the afternoon pullback TPX outperformed the market with a +1.4% rally today.

If the market were to see a dip we can look for TPX to find short-term support near $52.00. Tonight we're raising our stop loss to $50.95.

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*

12/26/13 new stop loss @ 50.95
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: 22.82 change: -0.40

Stop Loss: 20.75
Target(s): 24.75
Current Gain/Loss: + 7.6%

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:
12/26/13: VNET ran into some profit taking today. Shares tagged a new high this morning and then sank to a -1.7% decline. If the recent trend (up one day then down the next) is any indication then look for a bounce tomorrow. 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: 62.39 change: +1.74

Stop Loss: 58.85
Target(s): 67.50
Current Gain/Loss: +3.0%

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:
12/26/13: WAGE bounced from support near $60.00 again. This time the bounce lifted shares to another new high. WAGE outperformed the market with a +2.8% gain. I am raising our stop loss to $58.85.

current Position: long WAGE stock @ $60.55

12/26/13 new stop loss @ 58.85
12/19/13 triggered at $60.55



Western Refining, Inc. - WNR - close: 41.22 change: -0.28

Stop Loss: 38.95
Target(s): 46.00
Current Gain/Loss: - 0.3%

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:
12/26/13: WNR slipped to short-term support near $41.00 before trimming its losses. I would still consider new positions now at current levels. If you're worried the market is due for a dip then consider waiting for WNR to dip into the $40.50-40.00 zone and buy a dip there.

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.



CLOSED BULLISH PLAYS

Autodesk, Inc. - ADSK - close: 49.39 change: -0.31

Stop Loss: 47.40
Target(s): 49.85
Current Gain/Loss: + 7.1%

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:
12/26/13: Target achieved.

ADSK rallied this morning before paring its gains and reversing into negative territory. The stock was kind enough to hit our exit target at $49.85 before turning negative.

ADSK does look overbought here and the $50 level could be round-number resistance. I would keep it on your watch list for a correction. We might be able to trade it again soon.

closed Position: long ADSK stock @ $46.55 exit $49.85 (+7.1%)

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

(option exit on December 23rd)
2014 Jan $47 call (ADSK1418a47) entry $1.35 exit $2.75* (+103.7%)

12/26/13 target hit
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

chart: