Editor's Note:
The U.S. market faded lower with the major indices down between -0.4% (the Industrials) and -1.1% (the Russell 2000).

IM hit our stop loss. TTM has been removed. NXST hit our entry trigger.


Current Portfolio:


BULLISH Play Updates

Alcoa Inc. - AA - close: 12.19 change: +0.25

Stop Loss: 11.55
Target(s): 12.95
Current Gain/Loss: + 5.5%

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:
03/11/14: AA erased yesterday's losses with a +2.0% gain. The stock is poised for a breakout past resistance near $12.30. 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



AVG Technologies - AVG - close: 20.20 change: -0.68

Stop Loss: 19.95
Target(s): 24.75
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 10, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 716 thousand
New Positions: Yes, see below

Comments:
03/11/14: AVG did not see any follow through on yesterday's rally. Nimble traders could use a bounce from $20.00 as an alternative entry point. I am suggesting a trigger to open bullish positions at $21.10. If triggered our target is $24.75.
FYI: The Point & Figure chart for AVG is bullish with a $32.50 target.

Trigger @ 21.10

Suggested Position: buy AVG stock @ (trigger)



Cash America Intl. - CSH - close: 42.29 change: -0.09

Stop Loss: 39.85
Target(s): 48.00
Current Gain/Loss: - 0.3%

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:
03/11/14: CSH delivered a quiet session with shares drifting sideways above the $42.00 level. If both CSH and the S&P 500 open positive tomorrow I would still consider new positions here.

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: 52.17 change: +0.26

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 3.0%

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:
03/11/14: DNKN spiked to a new high and tagged the $53.00 level before paring its gains. I am not suggesting new positions at this time.

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: 29.80 change: +0.59

Stop Loss: 27.90
Target(s): 34.00
Current Gain/Loss: + 3.3%

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:
03/11/14: EA displayed relative strength today with a +2.0% gain. This might be enthusiasm over the new Titanfall video game that was released today. Shares of EA are about to test round-number resistance at the $30.00 level. I am adjusting our stop loss up to $27.90.

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

03/11/14 new stop @ 27.90
03/04/14 new stop @ 27.60
03/04/14 triggered @ 28.85



Flotek Industries - FTK - close: 26.23 change: -0.61

Stop Loss: 25.45
Target(s): 29.00
Current Gain/Loss: + 4.3%

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:
03/11/14: The profit taking in FTK continues with shares down -2.2% today and down three days in a row. The stock is testing short-term support at its 10-dma so I wouldn't be surprised to see it bounce tomorrow. I am adjusting our stop loss to $25.45. 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%)

03/11/14 new stop loss @ 25.45
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.



Quanta Services, Inc. - PWR - close: 35.94 change: -0.21

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:
03/11/14: The pullback in PWR continues with a dip to short-term technical support at its 10-dma. A bounce from here 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: 32.08 change: -0.59

Stop Loss: 31.40
Target(s): 36.50
Current Gain/Loss: - 3.8%

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:
03/11/14: Shares of STRZA are down three days in a row versus a four-day decline in the NASDAQ composite. Today's drop in STRZA (-1.8%) did breakdown below its 10-dma, which is short-term bearish. If shares do not recover soon we could see the stock hit our stop loss at $31.40. I am not suggesting new positions at this time.

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: 39.74 change: -0.45

Stop Loss: 38.45
Target(s): 44.50
Current Gain/Loss: - 1.0%

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:
03/11/14: TSN spent almost the entire day drifting lower. Shares finally found short-term support at their 10-dma. A bounce from this level could be used as a new entry point. Alternatively 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



BEARISH Play Updates

Nexstar Broadcasting Group - NXST - close: 38.89 change: -0.88

Stop Loss: 41.25
Target(s): 35.10
Current Gain/Loss: + 1.3%

Entry on March 11 at $39.40
Listed on March 10, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 739 thousand
New Positions: see below

Comments:
03/11/14: Our brand new trade on NXST has been triggered. Shares broke down under support near $40.00 and fell another -2.2% today. Our trigger to launch positions was hit at $39.40. The next level of support looks like the $35 area. I will note that NXST is down five days in a row and could see an oversold bounce. Look for resistance at $40.00.
FYI: The Point & Figure chart for NXST is bearish with a $27.00 target.

current Position: Short NXST stock @ $39.40

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

Long Apr $40 PUT (NXST1419P40) entry $2.70*

03/11/14 triggered @ 39.40
*option entry price is an estimate since the option did not trade at the time our play was opened.



Pegasystems Inc. - PEGA - close: 37.73 change: -0.87

Stop Loss: 42.05
Target(s): 35.25
Current Gain/Loss: + 5.1%

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:
03/11/14: PEGA had a volatile start this morning. Inside the first minute the stock had spiked up to $40.77, just above its simple and exponential 200-dma, and then reversed lower again. Shares eventually settled with a -2.25% decline and a new relative low. Readers might want to adjust their stop closer to today's high.

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

Ingram Micro Inc. - IM - close: 28.85 change: -0.62

Stop Loss: 28.75
Target(s): 34.00
Current Gain/Loss: - 4.6%

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:
03/11/14: IM's move above $30.00 is looking more and more like a bull trap. Shares are now down three of the last four days. Today's decline (-2.1%) breaks below the 10-dma and hit our stop loss at $28.75.

closed Position: Long IM stock @ $30.15 exit $28.75 (-4.6%)

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

JUN $30 call (IM1421F30) entry $1.50 exit $0.80* (-46.6%)

03/11/14 stopped out
*option exit price is an estimate since the option did not trade at the time our play was closed.
03/06/14 triggered at $30.15 (happened to be the intraday high)

chart:



Tata Motors - TTM - close: 33.59 change: -0.49

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: see below

Comments:
03/11/14: TTM is not cooperating. Our plan was to launch bullish positions at $35.40 but that seems unlikely at the moment. TTM might find support in the $32.00 area so investors may want to keep an eye on it.

Our trade did not open and we are removing TTM from the newsletter.

Trade did not open.

03/11/14 removed from the newsletter. suggested trigger was $35.40

chart: