Editor's Note:
After holding up reasonably well last week the market turned sharply lower on Monday afternoon.

Our plan was to exit our NSM trade this morning to lock in potential gains.

CSOD, GIMO, and H all hit our stop loss today.


Current Portfolio:


BULLISH Play Updates

TD Ameritrade Holding Corp. - AMTD - close: 30.57 change: -0.38

Stop Loss: 29.90
Target(s): 33.85
Current Gain/Loss: - 0.3%

Entry on December 31 at $30.65
Listed on December 21, 2013
Time Frame: exit PRIOR to earnings on January 21st
Average Daily Volume = 1.9 million
New Positions: see below

Comments:
01/13/14: AMTD was holding up reasonably well until the market turned lower midday. Shares settled with a -1.2% drop and a close below its 10-dma. I am not suggesting new positions at this time.

current Position: long AMTD stock @ $30.65

01/04/14 new stop loss @ 29.90
12/31/13 triggered at $30.65



Caesars Entertainment - CZR - close: 22.89 change: -0.53

Stop Loss: 21.80
Target(s): 26.00
Current Gain/Loss: + 1.2%

Entry on January 06 at $22.62
Listed on January 04, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 836 thousand
New Positions: see below

Comments:
01/13/14: Caution! Today's move in CZR looks like a potential bearish reversal pattern. I would expect a drop into the $22.00-22.50 zone.

Earlier Comments:
FYI: The Point & Figure chart for CZR is bullish with a $27.00 target.

*small positions*

current Position: long CZR stock @ $22.62

01/11/14 new stop loss @ 21.80
01/06/14 trade opened on gap down at $22.62



Lannett Company, Inc. - LCI - close: 35.77 change: -0.22

Stop Loss: 33.65
Target(s): 39.50
Current Gain/Loss: +1.8%

Entry on January 10 at $35.15
Listed on January 09, 2014
Time Frame: exit PRIOR to earnings in early February
Average Daily Volume = 261 thousand
New Positions: see below

Comments:
01/13/14: Profit taking in LCI was relatively minor. Shares only fell -0.6% versus the -1.25% in the S&P 500. If this pullback continues the nearest support is probably $34.00. We'll move our stop loss up to $33.65.

Earlier Comments:
Our target is $39.50. However, we will plan on exiting prior to LCI's earnings report in early February (no date confirmed yet).

current Position: Long LCI stock @ $35.15

01/13/14 new stop loss @ 33.65
01/10/14 triggered @ 35.15



MDC Partners Inc. - MDCA - close: 25.34 change: -0.58

Stop Loss: 24.45
Target(s): 28.50
Current Gain/Loss: - 3.3%

Entry on January 09 at $26.20
Listed on January 07, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 215 thousand
New Positions: see below

Comments:
01/13/14: MDCA fell -2.2% and settled on technical support at its simple 20-dma. The stock has only closed below this moving average once in the last three months. If the market cooperates MDCA should bounce from here. More conservative investors may want to adjust their stop loss higher toward $25.00.

current Position: long MDCA stock @ $26.20

01/09/14 triggered @ 26.20




Starz - STRZA - close: 29.98 change: -0.43

Stop Loss: 29.45
Target(s): 34.75
Current Gain/Loss: unopened

Entry on January -- at $--.--
Listed on January 11, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.7 million
New Positions: Yes, see below

Comments:
01/13/14: STRZA fell -1.4%, which was in-line with the drop on the NASDAQ today. Nimble traders might want to consider buying the dip and using a stop loss just below its simple 10-dma. I am suggesting most investors wait for a new high before initiating positions.

Earlier Comments:
I am suggesting a trigger to open bullish positions at $30.75. If triggered our multi-week target is $34.75.

Trigger @ 30.75

Suggested Position: buy STRZA stock @ (trigger)



Yandex N.V. - YNDX - close: 42.65 chnage: -1.35

Stop Loss: 41.90
Target(s): 48.50
Current Gain/Loss: - 1.5%

Entry on January 02 at $43.31
Listed on December 31, 2013
Time Frame: exit PRIOR to earnings in mid February
Average Daily Volume = 2.7 million
New Positions: see below

Comments:
01/13/14: It was not a good day for YNDX shareholders. The stock underperformed the market with a -3.0% decline, which erased all of last week's gains. Shares look poised to retest support near $42.00. I am not suggesting new positions.

Earlier Comments:
Our multi-week target is $48.50. We want to keep our position size small to limit our risk. FYI: The Point & Figure chart for YNDX is bullish with a $48.00 target.

*Small positions*

current Position: long YNDX stock @ $43.31

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

Long Feb $45 call (YNDX1422B45) entry $2.00*

01/08/14 new stop loss @ 41.90, warning! today looks like a potential bearish reversal pattern
01/07/14 new stop loss @ 41.75
01/02/14 trade opened on gap higher at $43.31.
*option entry price is an estimate since the option did not trade at the time our play was opened.



BEARISH Play Updates

Best Buy Co. - BBY - close: 36.86 change: -0.95

Stop Loss: 40.25
Target(s): 35.10
Current Gain/Loss: + 4.2%

Entry on January 08 at $38.47
Listed on January 07, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.2 million
New Positions: see below

Comments:
01/13/14: BBY tried to rally but peaked at $38.43 this morning. Shares reversed into a -2.5% decline. I am not suggesting new positions at this time.

Earlier Comments:
Our target is $35.10. More aggressive traders could aim for technical support at the simple 200-dma.

current Position: short BBY stock @ $38.47

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

Long Feb $38 PUT (BBY1422N38) entry $2.06

01/08/14 BBY opened at $38.47



Ecopetrol SA - EC - close: 35.31 change: -0.09

Stop Loss: 38.25
Target(s): 31.00
Current Gain/Loss: + 5.5%

Entry on January 06 at $37.35
Listed on December 30, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 716 thousand
New Positions: see below

Comments:
01/13/14: EC did post a decline but shares did not really participate in the market's weakness today. The stock is still bouncing from the $35.20 level. I am not suggesting new positions at this time.

Earlier Comments:
Our target is $31.00. Once it's below $37.50 the next level of support appears to be the $30.00 level.

current Position: short EC stock @ $37.35

01/08/14 new stop loss @ 38.25
01/06/14 triggered @ 37.35



Sears Hometown and Outlet Stores - SHOS - close: 22.44 change: -0.03

Stop Loss: 25.05
Target(s): 20.25
Current Gain/Loss: + 6.1%

Entry on January 07 at $23.90
Listed on January 06, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 160 thousand
New Positions: see below

Comments:
01/13/14: Hmm... Monday was a quiet session for SHOS. The fact that shares did not participate in the market's widespread decline might actually be a warning signal. I am not suggesting new positions. Traders might want to lower their stop loss.

current Position: short SHOS @ $23.90

01/11/14 new stop loss @ 25.05




CLOSED BULLISH PLAYS

Cornerstone OnDemand, Inc. - CSOD - close: 53.66 change: -2.85

Stop Loss: 53.90
Target(s): 64.00
Current Gain/Loss: - 4.0%

Entry on January 13 at $56.15
Listed on January 11, 2014
Time Frame: exit PRIOR to earnings in mid February
Average Daily Volume = 444 thousand
New Positions: see below

Comments:
01/13/14: Our brand new trade on CSOD did not pan out very well. There was no follow through on Friday's bounce. The stock opened at $56.15 and then plunged -5.0% to breakdown below potential support at $55.00, at its 10-dma and at $54.00. Our stop was hit at $53.90.

closed Position: CSOD stock @ entry $56.15, exit $53.90 (-4.0%)

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

Feb $60 call (CSOD1422B60) entry $1.65 exit $0.90 (-45.4%)

01/13/14 stopped out at $53.90
01/13/14 play opens, CSOD @ 56.15

chart:



Gigamon Inc. - GIMO - close: 28.72 change: -1.18

Stop Loss: 29.45
Target(s): 37.50
Current Gain/Loss: - 6.5%

Entry on January 09 at $31.49
Listed on January 07, 2014
Time Frame: 4 to 8 weeks
Average Daily Volume = 256 thousand
New Positions: see below

Comments:
01/13/14: The stock market's widespread weakness helped push GIMO to a -3.9% drop today. Our stop loss was hit at $29.45. I cautioned readers when we added GIMO that this was an aggressive, higher-risk trade. The plan was to use small positions to limit our risk.

*small positions*

closed Position: long GIMO stock @ $31.49 exit $29.45 (-6.5%)

01/13/14 stopped out

chart:



Hyatt Hotels Corp. - H - close: 49.25 change: -0.75

Stop Loss: 49.20
Target(s): 54.75
Current Gain/Loss: - 2.1%

Entry on January 07 at $50.25
Listed on January 02, 2014
Time Frame: exit PRIOR to earnings in mid February
Average Daily Volume = 264 thousand
New Positions: see below

Comments:
01/13/14: Hyatt was not immune to the broad-based selling today. Shares fell -1.5% and slipped to new three-week lows. Our stop was hit at $49.20.

*small positions*

closed Position: Long H stock @ $50.25 exit $49.20 (-2.1%)

01/13/14 stopped out
01/11/14 new stop loss @ 49.20
01/07/14 triggered @ 50.25

chart:



CLOSED BEARISH PLAYS

Nationstar Mortgage Holdings - NSM - close: 32.49 change: +0.21

Stop Loss: 36.55
Target(s): 31.00
Current Gain/Loss: + 6.6%

Entry on January 06 at $35.65
Listed on December 30, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.0 million
New Positions: see below

Comments:
01/13/14: NSM almost hit our bearish exit target on Friday. In the weekend newsletter we decided to exit positions immediately on Monday morning. The stock gapped higher at $33.30 (a +3% move) before fading lower.

Earlier Comments:
I am labeling this an aggressive, higher-risk trade.

*small positions*

closed Position: short NSM stock @ $35.65 exit $33.30 (+6.6%)

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

Feb $35 PUT (NSM1422N35) entry $2.40* exit $3.20 (+33.3%)

01/13/14 planned exit. NSM gapped higher
01/11/14 prepare to exit on Monday morning
01/08/14 new stop loss @ 36.55
01/06/14 triggered @ 35.65

chart: