Editor's Note:
Weakness in overseas markets sparked a drop in U.S. stocks this morning but equities managed to pare their losses.

Our new RAX trade has opened.


Current Portfolio:


BULLISH Play Updates

Alcoa Inc. - AA - close: 12.17 change: -0.02

Stop Loss: 11.55
Target(s): 12.95
Current Gain/Loss: + 5.4%

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:
03/12/14: AA held up relatively well on Wednesday. The stock tried to breakout higher again but failed in the $12.35-12.40 zone, which has been resistance for a few weeks. More conservative traders might want to adjust their stop loss closer to the 20-dma near $11.80. 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: 21.00 change: +0.80

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:
03/12/14: Last night I suggested more aggressive traders buy a bounce today in AVG. If you did the stock rewarded you with a +3.9% gain that erased yesterday's losses. The stock closed on its highs and looks poised to breakout past the $21.00 level tomorrow morning. The newsletter is suggesting a trigger to launch 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: 42.67 change: +0.38

Stop Loss: 39.85
Target(s): 48.00
Current Gain/Loss: + 0.6%

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:
03/12/14: CSH also displayed some relative strength today with a +0.89% gain. The stock was up +2.3% at its best levels of the session before trimming its gains. More conservative investors might want to start moving their stop loss higher.

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: 52.44 change: +0.27

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 3.5%

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:
03/12/14: Today's +0.5% gain in DNKN left shares at a new all-time closing high. The stock could be poised for more gains tomorrow thanks to news from its rival Krispy Kreme (KKD). Krispy Kreme reported earnings tonight after the closing bell that missed Wall Street's estimates on both the top and bottom line. Nothing to exciting in those numbers but KKD did report +1.6% growth in its same-store sales numbers and raised its stock buyback program. KKD is up +9% after hours and that could give shares of DNKN a boost tomorrow morning.

NOTE: We only have seven trading days left on our March $50 DNKN calls. Traders may want to plan on exiting their call positions tomorrow or Friday this week.

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: 29.98 change: +0.18

Stop Loss: 27.90
Target(s): 34.00
Current Gain/Loss: + 3.9%

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:
03/12/14: EA is also showing relative strength with a +0.6% gain today. The stock is testing round-number resistance at the $30.00 mark. I am not suggesting new positions at this time.

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: 26.70 change: +0.47

Stop Loss: 25.45
Target(s): 29.00
Current Gain/Loss: + 6.2%

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:
03/12/14: After a three-day pullback shares of FTK managed a bounce off the $26.00 level. Shares displayed relative strength with a +1.79% gain. 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: 35.46 change: -0.48

Stop Loss: 34.65
Target(s): 39.85
Current Gain/Loss: - 1.6%

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:
03/12/14: Hmm... I'm starting to wonder if shares of PWR have peaked. The stock is down four days in a row and today's drop (-1.3%) left PWR below its 10-dma. The stock should find support near $35.00. More conservative traders may want to adjust their stop loss closer to the $35 level. I am not suggesting new positions at this time.

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: 32.33 change: +0.25

Stop Loss: 31.40
Target(s): 36.50
Current Gain/Loss: - 3.1%

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:
03/12/14: STRZA snapped a three-day losing streak with today's +0.77% bounce. If this rebound continues tomorrow I would be tempted to launch new bullish positions.

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: 40.47 change: +0.73

Stop Loss: 38.95
Target(s): 44.50
Current Gain/Loss: + 0.8%

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:
03/12/14: The sideways consolidating in TSN might be over. Shares surged +1.8% and produced a bullish engulfing candlestick reversal with today's gain.

TSN CEO was on CNBC today and said the meat industry was expecting the highest ever prices for beef and pork in 2014. Fortunately for TSN he sees demand for meat outpacing the rise in prices.

Tonight we are adjusting the stop loss to $38.95.

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

03/12/14 new stop @ 38.95
03/05/14 triggered @ 40.15



BEARISH Play Updates

Nexstar Broadcasting Group - NXST - close: 38.33 change: -0.56

Stop Loss: 41.25
Target(s): 35.10
Current Gain/Loss: + 2.7%

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:
03/12/14: The relative weakness in NXST continues with another decline (-1.4%). The stock is now down six days in a row and probably due for 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: 38.50 change: +0.77

Stop Loss: 41.10
Target(s): 35.25
Current Gain/Loss: + 3.1%

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:
03/12/14: PEGA managed an oversold bounce today and gained +2.0%. Nimble traders could watch for a new failed rally under $40.00 as another entry point for bearish positions. I am adjusting our stop loss down to $41.10.

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*

03/12/14 new stop @ 41.10
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.



Rackspace Hosting - RAX - close: 36.40 change: +0.57

Stop Loss: 37.05
Target(s): 31.10
Current Gain/Loss: - 3.2%

Entry on March 12 at $35.28
Listed on March 10, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.7 million
New Positions: see below

Comments:
03/12/14: RAX is not off to the best start. Shares gapped down at the open this morning at $35.28. That was below our suggested entry point at $35.45. RAX found support near $35.20 and less than ten minutes after the opening bell RAX was in rebound mode. The stock rallied to a +1.59% gain with an intraday high of $36.71 (near its 50-dma).

Our trade opened on the gap down this morning but I am not suggesting new positions at the moment. Wait for a new drop under $35.80 before considering new bearish positions.

Earlier Comments:
Due to RAX's recent volatility I am suggesting small positions or you may want to buy put options to limit your risk. The Point & Figure chart for RAX is bearish with a $21.00 target.

current Position: short RAX stock @ $35.28

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

Long Apr $35 PUT (RAX1419P35) entry $1.85*

03/12/14 triggered on gap down at $35.28. Suggested entry was $35.45
*option entry price is an estimate since the option did not trade at the time our play was opened.