Editor's Note:

LOGM hit our entry trigger. PRTA has been removed. STRZA was stopped out. NXST hit our bearish target.


Current Portfolio:


BULLISH Play Updates

Alcoa Inc. - AA - close: 11.90 change: +0.06

Stop Loss: 11.59
Target(s): 12.95
Current Gain/Loss: + 3.0%

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:
03/17/14: AA gave back most of its earnings gains and closed with a +0.5% advance. I am growing more cautious on this trade. We will raise the stop loss to $11.59. Last Thursday's low was $11.61. 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

03/17/14 new stop loss @ 11.59
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: 20.90 change: +0.32

Stop Loss: 19.95
Target(s): 24.75
Current Gain/Loss: -0.9%

Entry on March 13 at $21.10
Listed on March 10, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 716 thousand
New Positions: see below

Comments:
03/17/14: AVG was upgraded to a "buy" this morning and the stock outpaced the broader market with a +1.5% gain. Yet a quick look at the intraday chart will show that AVG's rally failed this morning near $21.30. That's the third time in three days that AVG has struggled with this area.

FYI: The Point & Figure chart for AVG is bullish with a $32.50 target.

current Position: Long AVG stock @ $21.10

03/13/14 triggered @ 21.10



Dunkin' Brands Group - DNKN - close: 52.47 change: +0.22

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 3.6%

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:
03/17/14: DNKN inched up +0.4% but shares remain under short-term resistance near $53.00.

Please note that we only have FOUR trading days left on our March options. I am suggesting we exit our March $50 calls if DNKN can trade at $53.00.

I am not suggesting new positions.

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*

03/15/14 only five days left on our March options
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: 30.10 change: +0.50

Stop Loss: 28.45
Target(s): 34.00
Current Gain/Loss: + 4.3%

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:
03/17/14: EA did not see any follow through on Friday's intraday pullback. Instead the stock displayed relative strength with a +1.6% gain. 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

03/15/14 new stop @ 28.45
03/11/14 new stop @ 27.90
03/04/14 new stop @ 27.60
03/04/14 triggered @ 28.85



Flotek Industries - FTK - close: 27.03 change: +0.39

Stop Loss: 25.70
Target(s): 29.00
Current Gain/Loss: + 7.5%

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:
03/17/14: FTK was also showing strength on Monday with a +1.46% gain. The next challenge is the March high near $27.50. 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%)

03/13/14 new stop loss @ 25.70
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.



LogMeln - LOGM - close: 45.95 change: +0.62

Stop Loss: 43.60
Target(s): 49.85
Current Gain/Loss: - 0.4%

Entry on March 17 at $46.15
Listed on March 15, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 490 thousand
New Positions: see below

Comments:
03/17/14: Our new trade on LOGM has been triggered. The stock gapped open higher but spent most of the session churning on either side of the $46.00 level. LOGM did manage to hit our suggested entry point at $46.15. The intraday high was $46.25 and if you're looking for a new entry point consider waiting for a rally past $46.25.

Earlier Comments:
We want to keep our position size small to limit our risk since LOGM does have potential resistance in the $47-48 zone dating back to 2010. Our short-term target is $49.85. More aggressive investors may want to aim higher since the Point & Figure chart for LOGM is bullish with a $68.50 target.

*small positions*

current Position: long LOGM stock @ $46.15

03/17/14 triggered @ 46.15



Quanta Services, Inc. - PWR - close: 35.83 change: +0.48

Stop Loss: 34.85
Target(s): 39.85
Current Gain/Loss: - 0.6%

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:
03/17/14: PWR produced a big bounce this morning with shares up +3.1% at is best levels of the session. The stock pared those gains by the closing bell to settle on its 10-dma.

current Position: Long PWR stock @ $36.05

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

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

03/13/14 new stop loss @ 34.85
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.



Tyson Foods, Inc. - TSN - close: 41.67 change: +0.19

Stop Loss: 39.45
Target(s): 44.50
Current Gain/Loss: + 3.8%

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:
03/17/14: TSN continues to push its way higher. I am not suggesting new positions at current levels.

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

03/15/14 new stop @ 39.45
03/12/14 new stop @ 38.95
03/05/14 triggered @ 40.15



BEARISH Play Updates

CH Robinson Worldwide Inc. - CHRW - close: 51.07 change: -0.07

Stop Loss: 52.35
Target(s): 45.00
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 15, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.6 million
New Positions: Yes, see below

Comments:
03/17/14: CHRW continues to underperform the market and posted a loss today. The stock looks poised to breakdown below the $51.00 level soon.

Earlier Comments:
A breakdown below $50.00 would be very ugly for the stock. We are suggesting a trigger to launch bearish positions at $49.75. If triggered our initial target is $45.00.

Trigger @ 49.75

Suggested Position: short CHRW stock @ (trigger)

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

Buy the Apr $50 PUT (CHRW1419P50)



Pegasystems Inc. - PEGA - close: 37.43 change: +0.45

Stop Loss: 40.30
Target(s): 36.05
Current Gain/Loss: + 5.8%

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:
03/17/14: The bounce in PEGA this morning stalled at the $38.00 level. Shares still managed a +1.2% gain. I am not suggesting new positions at this time.

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*

03/15/14 adjust exit target to $36.05 (from 35.25).
03/13/14 new stop @ 40.30
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: 34.75 change: +0.29

Stop Loss: 36.55
Target(s): 31.10
Current Gain/Loss: + 1.5%

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:
03/17/14: RAX quietly drifted higher and ended the session with a +0.8% gain. I am not suggesting new positions at the moment. The $36.00 level should be overhead resistance.

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*

03/15/14 new stop @ 36.55
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.



Symantec Corp. - SYMC - close: 20.30 change: +0.14

Stop Loss: 20.75
Target(s): 18.00
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 13, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 6.9 million
New Positions: Yes, see below

Comments:
03/17/14: SYMC followed the market higher this morning. We are still on the sidelines waiting for a breakdown below support.

I am suggesting a trigger to open bearish positions at $19.85. If triggered our target is the $18.00-17.00 zone.

Trigger @ 19.85

Suggested Position: short SYMC stock @ (trigger)

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

Buy the JUL $20 PUT (SYMC1419S20)




CLOSED BULLISH PLAYS

Prothena Corp. - PRTA - close: 37.51 change: -1.37

Stop Loss: 37.95
Target(s): 47.50
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 10, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 216 thousand
New Positions: see below

Comments:
03/17/14: It looks like PRTA is reversing lower. Shares underperformed with a -3.5% drop today. Our bullish trade has not opened yet and we are removing PRTA from the newsletter. Shares have some support near $37.00. Nimble traders may want to consider bearish positions on a breakdown below $37.00.

Trade did not open.

03/17/14 removed from the newsletter. suggested entry was $40.70

chart:



Starz - STRZA - close: 32.27 change: -0.06

Stop Loss: 31.40
Target(s): 36.50
Current Gain/Loss: - 7.0%

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:
03/17/14: Ouch! It was a volatile open this morning for STRZA. Instead of surging higher with the broader market shares of STRZA gapped open lower at $31.01 and then bounced right back to rally higher. I don't see any news behind the weakness this morning. You could argue it may have been a bad tick but whatever the case our stop would have been hit at $31.40. Unfortunately we have to mark this a loser at $31.01.

The option did not trade at the open this morning.

closed Position: Long STRZA stock @ $33.35 exit $31.01 (-7.0%)

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

Apr $35 call (STRZA1419D35) entry $0.76 exit $0.25* (-67.1%)

03/17/14 the gap down at $31.01 would have stopped us out
*option exit price is an estimate since the option did not trade at the time our play was closed.
03/06/14 triggered @ 33.35

chart:



CLOSED BEARISH PLAYS

Nexstar Broadcasting Group - NXST - close: 33.38 change: -3.32

Stop Loss: 39.20
Target(s): 35.10
Current Gain/Loss: +10.9%

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:
03/17/14: Target achieved!

The stock was downgraded this morning. Shares reacted with a gap down at $35.11 and a plunge past is 300-dma to settle with a -9.0% loss. Our exit target was hit immediately at $35.10 this morning.

closed Position: Short NXST stock @ $39.40 exit $35.10 (+10.9%)

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

(option position closed on Friday, March 14th)
Apr $40 PUT (NXST1419P40) entry $2.70* exit $4.50** (+66.6%)

03/17/14 target hit
03/15/14 adjust stop loss to $39.20
**option exit price is an estimate since the option did not trade at the time our play was closed.
03/14/14 planned exit for April $40 puts
03/13/14 new stop @ 39.05
Prepare to exit our April $40 puts tomorrow morning
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.

chart: