Editor's Note:
The U.S. market delivered one of its best days of the year thanks to cooling tensions between Ukraine and Russia.

EA and OAS hit our entry triggers.


Current Portfolio:


BULLISH Play Updates

Alcoa Inc. - AA - close: 11.80 change: +0.18

Stop Loss: 11.45
Target(s): 12.95
Current Gain/Loss: + 2.2%

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:
03/04/14: AA delivered a bit of a rocky session with an early afternoon swoon lower. Fortunately traders bought the dip and shares settled with a +1.5% gain, matching the S&P 500 and outperforming the Dow Industrial average.

AA is maintaining the bullish trend of higher lows for now but I am not suggesting new positions at this time.

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



DR Horton Inc. - DHI - close: 24.33 change: +0.04

Stop Loss: 23.25
Target(s): 27.50
Current Gain/Loss: -0.1%

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:
03/04/14: DHI delivered a disappointing session with a +0.16% gain. That underperformed both its peers in the housing industry and the major indices. Investors may want to start adjusting their stop loss higher.

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: 52.20 change: +0.77

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 3.1%

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:
03/04/14: DNKN powered higher today with a +1.49% gain and a new all-time high. I am raising our stop loss to breakeven at $50.65.

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*

03/04/14 new stop @ 50.65
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.



Electronic Arts - EA - close: 28.81 change: +0.72

Stop Loss: 27.60
Target(s): 34.00
Current Gain/Loss: - 0.1%

Entry on March 04 at $28.85
Listed on March 01, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 5.0 million
New Positions: see below

Comments:
03/04/14: EA surged higher this morning and managed to tag an intraday high of $28.86. That was just enough to hit our entry trigger at $28.85. EA managed to outperform the broader market indices with a +2.5% gain. I am adjusting our stop loss higher to $27.60.

Earlier Comments:
We want to keep our position size small to limit our risk. Our multi-week target is $34.00. The Point & Figure chart for EA is bullish with a $43.00 target.

*small positions*

current Position: Long EA stock @ $28.85

03/04/14 new stop @ 27.60
03/04/14 triggered @ 28.85



Flotek Industries - FTK - close: 26.73 change: +1.11

Stop Loss: 24.90
Target(s): 29.50
Current Gain/Loss: + 6.3%

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:
03/04/14: FTK was a big winner today with a +4.3% surge to new highs. I am adjusting our stop loss to $24.90 and our exit target to $29.50.

NOTE: Our March $25 call has doubled in value. Traders may want to take some money off the table.

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*

03/04/14 new stop loss @ 24.90, adjust target to $29.50
03/03/14 new stop loss @ 24.40
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: 31.32 change: +0.85

Stop Loss: 29.90
Target(s): 34.85
Current Gain/Loss: + 1.7%

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:
03/04/14: MTW was a strong performer today with a +2.7% gain and a new multi-year high. I am inching our stop loss higher to $29.90.

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*

03/04/14 new stop loss @ 29.90
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.



Oasis Petroleum - OAS - close: 45.49 change: +0.93

Stop Loss: 42.45
Target(s): 49.85
Current Gain/Loss: + 0.8%

Entry on March 04 at $45.15
Listed on March 03, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 2.7 million
New Positions: see below

Comments:
03/04/14: The bullish breakout in OAS continued on Tuesday with a +2.0% gain. The stock hit our suggested entry point at $45.15. I don't see any changes from my prior comments. If you missed the entry point consider waiting for a dip near the $45.00 area as an alternative entry point.

Earlier Comments:
Our target is $49.85. I do expect OAS to see some short-term resistance near $48.00.

current Position: Long OAS stock @ $45.15

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

Long Apr $45 call (OAS1419D45) entry $2.50*

03/04/14 triggered @ 45.15
*option entry price is an estimate since the option did not trade at the time our play was opened.



Penn Virginia Corp. - PVA - close: 15.59 change: +0.45

Stop Loss: 14.29
Target(s): 18.50
Current Gain/Loss: + 2.6%

Entry on February 28 at $15.20
Listed on February 27, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 2.8 million
New Positions: see below

Comments:
03/04/14: PVA displayed some relative strength on Tuesday with a +2.9% gain and a new multi-year high. I am not suggesting new positions at current levels.

Earlier Comments:
A breakout could spark some short covering. The most recent data listed short interest at 14% of the very small 19.4 million share float.

current Position: Long PVA stock @ $15.20

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

Long APR $15 call (PVA1419D15) entry $1.25*

02/28/14 triggered @ 15.20
*option entry price is an estimate since the option did not trade at the time our play was opened.



Sprint Corp. - S - close: 9.19 change: +0.36

Stop Loss: 8.09
Target(s): 10.50
Current Gain/Loss: +2.2%

Entry on March 04 at $ 8.99
Listed on March 03, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 21 million
New Positions: see below

Comments:
03/04/14: Our new trade on S was a big winner today with a +4.0% gain. Unfortunately a good chunk of today's rally was in the gap open higher at $8.99. The good news is that shares have broken out above potential resistance at their 50-dma and the $9.00 level. I would not be surprised to see shares of Sprint retest the $9.00 mark.

Earlier Comments:
Our multi-week target is $10.50. The Point & Figure chart for S is bullish with an $11 target.

current Position: Long S stock @ $8.99

03/04/14 trade opens on gap higher at $8.99



Tyson Foods, Inc. - TSN - close: 39.60 change: +0.79

Stop Loss: 38.45
Target(s): 44.50
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 01, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.3 million
New Positions: Yes, see below

Comments:
03/04/14: TSN managed to outperform the major indices with a +2.0% gain and set a new closing high. Yet shares remain under potential round-number resistance at $40.00.

Earlier Comments:
We are suggesting small bullish positions if TSN can trade at $40.15. If triggered our multi-week target is $44.50.

Trigger @ 40.15 *small positions*

Suggested Position: buy TSN stock @ $40.15



BEARISH Play Updates


None. We do not have any active bearish trades.