Editor's Note:
The U.S. market sank on disappointing economic data out of China and continued worries over Ukraine but equities managed to trim their losses.

CSH and PEGA hit our entry triggers.

MTW, OAS, PVA, and S hit our stop loss.


Current Portfolio:


BULLISH Play Updates

Alcoa Inc. - AA - close: 11.94 change: -0.22

Stop Loss: 11.55
Target(s): 12.95
Current Gain/Loss: + 3.4%

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:
03/10/14: Disappointing economic data out of China over the weekend caused some jitters this morning, especially for any stock related to basic materials. AA gapped lower and spiked down to $11.71 before trimming its losses. 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

03/05/14 new stop loss @ 11.55
02/26/14 new stop loss @ 11.45
02/22/14 new stop loss @ 11.25
02/19/14 triggered at $11.55



Cash America Intl. - CSH - close: 42.38 change: +0.29

Stop Loss: 39.85
Target(s): 48.00
Current Gain/Loss: - 0.0%

Entry on March 10 at $42.40
Listed on March 08, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 300 thousand
New Positions: see below

Comments:
03/10/14: The rally in CSH continued with shares pushing to new four-month highs. Our trigger to launch positions was hit at $42.40. I would still consider new positions now at current levels.

Our multi-week target is $48.00. We want to keep our position size small to limit our risk.

*small positions*

current Position: Long CSH stock @ $42.40

03/10/14 triggered @ 42.40



Dunkin' Brands Group - DNKN - close: 51.91 change: -0.25

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 2.5%

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:
03/10/14: DNKN tested short-term support at its simple 10-dma this afternoon. I don't see any changes from my prior comments. More conservative traders could raise their stop again.

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: 29.21 change: -0.17

Stop Loss: 27.60
Target(s): 34.00
Current Gain/Loss: + 1.2%

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:
03/10/14: It was a relatively quiet Monday for EA. The stock erased Friday's gain with a 17-cent dip. Odds are pretty good EA will retest its 10-dma on any market weakness. I am not suggesting new positions at current levels.

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: 26.84 change: -0.21

Stop Loss: 25.25
Target(s): 29.00
Current Gain/Loss: + 6.7%

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:
03/10/14: FTK spent most of the day drifting lower although it did bounce twice near $26.70. I would not be surprised to see shares dip toward the $26.00 level. I am not suggesting new positions at this time.

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) -

Mar $25 call (FTK1422C25) entry $0.90* exit $2.50++ (+177.7%)

03/07/14 planned exit for the March $25 calls
++option exit price is an estimate since the option did not trade at the time our play was closed.
03/06/14 new stop loss @ 25.25, adjust target to 29.00
prepare to exit our March $25 calls Friday morning.
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.



Ingram Micro Inc. - IM - close: 29.47 change: +0.05

Stop Loss: 28.75
Target(s): 34.00
Current Gain/Loss: - 2.3%

Entry on March 06 at $30.15
Listed on March 05, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.5 million
New Positions: see below

Comments:
03/10/14: IM briefly traded below its simple 10-dma before bouncing back into positive territory. I am not suggesting new positions at this time.

current Position: Long IM stock @ $30.15

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

Long JUN $30 call (IM1421F30) entry $1.50

03/06/14 triggered at $30.15 (happened to be the intraday high)



Quanta Services, Inc. - PWR - close: 36.15 change: -0.36

Stop Loss: 34.65
Target(s): 39.85
Current Gain/Loss: + 0.3%

Entry on March 06 at $36.05
Listed on March 04, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 2.0 million
New Positions: see below

Comments:
03/10/14: PWR spiked to a new high this morning and then just as quickly reversed. The stock is now testing the $36.00 level. This dip or a bounce from $36.00 could be used as a new bullish entry point. More conservative investors may want to tighten their stop loss.

current Position: Long PWR stock @ $36.05

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

Long Apr $35 call (PWR1419D35) entry $1.70*

03/06/14 triggered @ 36.05
*option entry price is an estimate since the option did not trade at the time our play was opened.



Starz - STRZA - close: 32.67 change: -0.33

Stop Loss: 31.40
Target(s): 36.50
Current Gain/Loss: - 1.0%

Entry on March 06 at $33.35
Listed on March 05, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.0 million
New Positions: see below

Comments:
03/10/14: Shares of STRZA drifted lower almost all day long. When they finally hit their 10-dma late this afternoon shares began to bounce. I would consider new positions tomorrow if both STRZA and the S&P 500 are positive in the morning.

current Position: Long STRZA stock @ $33.35

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

Long Apr $35 call (STRZA1419D35) entry $0.76

03/06/14 triggered @ 33.35



Tyson Foods, Inc. - TSN - close: 40.19 change: -0.08

Stop Loss: 38.45
Target(s): 44.50
Current Gain/Loss: + 0.1%

Entry on March 05 at $40.15
Listed on March 01, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.3 million
New Positions: see below

Comments:
03/10/14: TSN just produced its third day in a row with shares churning sideways near the $40.00 mark. Traders might want to wait for a new high before initiating positions.

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

*small positions*

current Position: Long TSN stock @ $40.15

03/05/14 triggered @ 40.15



Tata Motors - TTM - close: 34.08 change: +0.07

Stop Loss: 33.90
Target(s): 39.75
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 04, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.75 million
New Positions: Yes, see below

Comments:
03/10/14: Asian markets were down today following disappointing economic data out of China. Shares of TTM, an Indian company, gapped lower at $33.56. Fortunately the stock bounced back to virtually unchanged on the session.

We are still on the sidelines. If TTM doesn't cooperate soon we will likely remove it as a candidate.

Earlier Comments:
Last Tuesday's high was $35.25. I am suggesting a trigger to launch bullish positions at $35.40. If triggered our target is $39.75. More aggressive investors may want to aim higher since the Point & Figure chart for TTM is very bullish with a long-term $52.00 target.

Trigger @ 35.40

Suggested Position: buy TTM stock @ (trigger)

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

Buy the Apr $35 call (TTM1419D35)



BEARISH Play Updates

Pegasystems Inc. - PEGA - close: 38.60 change: -1.49

Stop Loss: 42.05
Target(s): 35.25
Current Gain/Loss: + 1.1%

Entry on March 10 at $39.75
Listed on March 08, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 140 thousand
New Positions: see below

Comments:
03/10/14: Our new play on PEGA has been triggered. The stock opened near $40.00 and quickly broke down below support. Our trigger to launch bearish positions was hit at $39.75. PEGA underperformed the broader market with a -3.7% decline.

Earlier Comments:
Readers may want to use the put options to limit their risk. FYI: The Point & Figure chart for PEGA is bearish with a $35.00 target.

current Position: short PEGA stock @ $39.75

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

Long APR $40 PUT (PEGA1419P40) entry $2.25*

03/10/14 triggered @ 39.75
*option entry price is an estimate since the option did not trade at the time our play was opened.




CLOSED BULLISH PLAYS

The Manitowoc Co. - MTW - close: 30.33 change: -0.40

Stop Loss: 29.90
Target(s): 34.85
Current Gain/Loss: - 2.9%

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:
03/10/14: MTW closed with a -1.3% loss but that doesn't tell the whole story. The stock was down almost -4% before lunchtime. The break below short-term support near $30.00 was enough to hit our stop loss at $29.90.

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

*Small positions*

closed Position: Long MTW stock @ $30.79 exit $29.90 (-2.9%)

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

Apr $30 call (MTW1419D30) entry $2.05* exit $1.31** (-36.0%)

03/10/14 stopped out
**option exit price is an estimate since the option did not trade at the time our play was closed.
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.

chart:



Oasis Petroleum - OAS - close: 42.85 change: -1.13

Stop Loss: 42.90
Target(s): 49.85
Current Gain/Loss: - 5.0%

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:
03/10/14: The pullback in OAS continued on Monday and shares underperformed the market with a -2.5% decline. Our stop loss was hit at $42.90.

closed Position: Long OAS stock @ $45.15 exit $42.90 (-5.0%)

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

Apr $45 call (OAS1419D45) entry $2.50* exit $1.23 (-50.8%)

03/10/14 stopped out @ 42.90
03/05/14 new stop @ 42.90
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.

chart:



Penn Virginia Corp. - PVA - close: 14.58 change: -0.62

Stop Loss: 14.49
Target(s): 18.50
Current Gain/Loss: - 4.7%

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:
03/10/14: The stock market's widespread decline this morning pushed PVA through support near $15 and its 10-dma. Shares hit our stop loss at $14.49.

closed Position: Long PVA stock @ $15.20 exit $14.49 (-4.7%)

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

APR $15 call (PVA1419D15) entry $1.25* exit $0.90** (-28.0%)

03/10/14 stopped out
**option exit price is an estimate since the option did not trade at the time our play was closed.
03/08/14 new stop @ 14.49
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.

chart:



Sprint Corp. - S - close: 8.71 change: +0.08

Stop Loss: 8.40
Target(s): 10.50
Current Gain/Loss: -6.6%

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:
03/10/14: The S&P 500 index found its lows for the day about 10:45 a.m. Shares of Sprint didn't find their low until noon with shares declining to exactly $8.40, trading there for a few minutes, and then bouncing back to a +0.9% gain. Unfortunately our stop loss was $8.40.

closed Position: Long S stock @ $8.99 exit $8.40 (-6.6%)

03/10/14 stopped out
03/05/14 new stop @ 8.40
03/04/14 trade opens on gap higher at $8.99

chart: