Editor's Note:
The U.S. market continued to drift higher on Thursday and the S&P 500 set a new all-time closing high.

Overall it was a relatively quiet session for the Premier Investor play list.


Current Portfolio:


BULLISH Play Updates

Alcoa Inc. - AA - close: 12.03 change: -0.02

Stop Loss: 11.45
Target(s): 12.95
Current Gain/Loss: + 4.2%

Entry on February 19 at $11.55
Listed on February 11, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 39 million
New Positions: see below

Comments:
02/27/14: AA delivered a quiet session on Thursday with shares consolidating sideways. AA appears to have short-term resistance at $12.16 and then again at the January highs near $12.30.

Earlier Comments:
Our multi-week target is $12.95. The Point & Figure chart for AA is very bullish with a $20.00 target.

current Position: Long AA stock @ $11.55

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

Long APR $12 call (AA1419D12) entry $0.47

02/26/14 new stop loss @ 11.45
02/22/14 new stop loss @ 11.25
02/19/14 triggered at $11.55



American Airlines Group - AAL - close: 36.56 change: -0.19

Stop Loss: 34.45
Target(s): 39.85
Current Gain/Loss: + 0.2%

Entry on February 24 at $36.50
Listed on February 20, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 13.3 million
New Positions: see below

Comments:
02/27/14: AAL tagged multi-year highs on Wednesday morning. The last day and a half have seen some minor profit taking. Look for potential support near $36.00.

current Position: Long AAL stock @ $36.50

02/24/14 triggered @ 36.50



DR Horton Inc. - DHI - close: 24.87 change: +0.02

Stop Loss: 23.25
Target(s): 27.50
Current Gain/Loss: +2.1%

Entry on February 26 at $24.35
Listed on February 25, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 8.0 million
New Positions: see below

Comments:
02/27/14: DHI maintained its big gains from yesterday with a sideways consolidation today. That's not surprising since shares are testing potential round-number resistance at the $25.00 mark. Broken resistance at $24.00 should offer new support.

current Position: Long DHI stock @ $24.35

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

Long Apr $25 call (DHI1419D25) entry $0.96*

02/26/14 triggered @ 24.35
*option entry price is an estimate since the option did not trade at the time our play was opened.



Dunkin' Brands Group - DNKN - close: 51.58 change: +0.27

Stop Loss: 49.75
Target(s): 57.50
Current Gain/Loss: + 1.8%

Entry on February 19 at $50.65
Listed on February 18, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.1 million
New Positions: see below

Comments:
02/27/14: DNKN quietly drifted higher on Thursday with a +0.5% gain. I am not suggesting new positions at current levels.

Earlier Comments:
FYI: The Point & Figure chart for DNKN is bullish with a $60.00 target.

current Position: long DNKN stock @ $50.65

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

Long MAR $50 call (DNKN1422C50) entry $1.50*

02/25/14 new stop @ 49.75
02/19/14 triggered @ 50.65
*option entry price is an estimate since the option did not trade at the time our play was opened.



Flotek Industries - FTK - close: 25.26 change: +0.13

Stop Loss: 23.95
Target(s): 29.75
Current Gain/Loss: + 0.4%

Entry on February 24 at $25.15
Listed on February 18, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 976 thousand
New Positions: see below

Comments:
02/27/14: FTK tested short-term support at its 10-dma and bounced. The move looks like a new bullish entry point for traders.

Earlier Comments:

FYI: The Point & Figure chart for FTK is bullish with a $31.00 target.

*small positions*

current Position: long FTK stock @ $25.15

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

Long Mar $25 call (FTK1422C25) entry $0.90*

02/24/14 triggered @ $25.15
*option entry price is an estimate since the option did not trade at the time our play was opened.



The Manitowoc Co. - MTW - close: 30.98 change: +0.14

Stop Loss: 29.60
Target(s): 34.85
Current Gain/Loss: + 0.6%

Entry on February 27 at $30.79
Listed on February 26, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.9 million
New Positions: see below

Comments:
02/27/14: Our new trade on MTW opened this morning at $30.79. Nimble traders could have bought it lower with MTW's dip toward $30.00. The stock rebounded and looks poised for further gains. I would still consider new positions now at current levels.

Earlier Comments:
The plan was to keep our position size small to limit risk.

*Small positions*

current Position: Long MTW stock @ $30.79

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

Long Apr $30 call (MTW1419D30) entry $2.05*

02/27/14 trade opens at $30.79
*option entry price is an estimate since the option did not trade at the time our play was opened.



SolarWinds, Inc. - SWI - close: 46.49 change: +0.36

Stop Loss: 43.90
Target(s): 49.50
Current Gain/Loss: + 4.5%

Entry on February 18 at $44.50
Listed on February 15, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.27 million
New Positions: see below

Comments:
02/27/14: SWI continued to drift higher and actually outperformed the major indices with a +0.78% gain. I am adjusting our stop loss to $43.90. More conservative traders may want to adjust theirs even higher.

Earlier Comments:
Our target is $49.50. More aggressive traders or those with a longer time frame may want to aim higher since the Point & Figure chart for SWI is bullish with a $63.00 target.

current Position: long SWI stock @ $44.50

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

Long MAR $45 call (SWI1422C45) entry $1.45

02/27/14 new stop loss @ 43.90
02/20/14 new stop loss @ 43.45
02/18/14 entry trigger hit at $44.50



BEARISH Play Updates

Eaton Vance - EV - close: 36.97 change: +0.44

Stop Loss: 37.05
Target(s): 30.50
Current Gain/Loss: unopened

Entry on February -- at $--.--
Listed on February 20, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.0 million
New Positions: Yes, see below

Comments:
02/27/14: We're starting to lose patience on our EV trade. If shares close above their 20-dma (currently near $37.00) then we'll drop EV as a bearish candidate. Currently I am suggesting a trigger to open bearish positions at $35.50. If triggered our target is $30.50. The Point & Figure chart for EV is bearish with a $28.00 target.

Trigger @ 35.50

Suggested Position: short EV stock @ (trigger)



Harsco Corp. - HSC - close: 24.88 change: -0.09

Stop Loss: 25.40
Target(s): 21.50
Current Gain/Loss: unopened

Entry on February -- at $--.--
Listed on February 24, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 447 thousand
New Positions: Yes, see below

Comments:
02/27/14: HSC underperformed the market today but we're still waiting on a new relative low.

Earlier Comments:
I am still suggesting a trigger to launch bearish positions at $24.40. If triggered our target is $21.50. I do expect shares to see short-term support near its February low ($23.21) and the $22.00 level.

Trigger @ 24.40

Suggested Position: short HSC stock @ (trigger)