Editor's Note:
After Wednesday's afternoon sell-off Thursday's bounce was led by strength in financials and the semiconductors.

NSTG hit our entry trigger.


Current Portfolio:


BULLISH Play Updates

AVG Technologies - AVG - close: 20.65 change: -0.01

Stop Loss: 19.95
Target(s): 24.75
Current Gain/Loss: -2.1%

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:
03/20/14: I am growing more concerned about our AVG trade. Shares look poised to drop toward round-number support at $20.00 again. More conservative traders may want to abandon ship early. I am not suggesting new positions at the moment.

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: 52.34 change: +0.10

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 3.3%

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:
03/20/14: DNKN was making headlines today. The company plans to launch operations in Brazil with 65 new stores planned over the next several years. DNKN previously announced plans to open between 650 and 800 new Dunkin' Donuts and Baskin-Robbins stores worldwide in 2014.

The stock bounced from technical support at its 20-dma. I am not suggesting new positions at this time.

current Position: long DNKN stock @ $50.65

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

(closed on March 19th)
MAR $50 call (DNKN1422C50) entry $1.50* exit $1.90 (+26.6%)

03/19/14 planned exit for the March calls
03/18/14 plan to exit our March calls tomorrow at the closing bell
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: 30.25 change: +0.02

Stop Loss: 28.95
Target(s): 34.00
Current Gain/Loss: + 4.8%

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:
03/20/14: EA continues to hold up reasonably well. Traders bought the dip at its rising 10-dma again. Shares look like they are building up steam for a breakout past short-term resistance near $30.50.

I am raising our stop loss to $28.95. More conservative traders may want to use a stop closer to $29.50 instead.

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

03/20/14 new stop @ 28.95
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: 28.19 change: +1.06

Stop Loss: 25.95
Target(s): 29.50
Current Gain/Loss: +12.1%

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:
03/20/14: FTK was a big winner today. Shares hit a new multi-year high at $29.19 midday. FTK was up +7.5% for the session before paring its gains.

More conservative investors may want to take profits early. Currently our official exit target is $29.50. I am not suggesting new positions at this time.

I am adjusting our stop to $25.95. You may want to raise yours closer to $26.50ish.

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) -

(options closed on March 7th)
Mar $25 call (FTK1422C25) entry $0.90* exit $2.50++ (+177.7%)

03/20/14 new stop loss @ 25.95
03/18/14 adjust the exit target from $29.00 to $29.50
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: 46.80 change: +0.40

Stop Loss: 44.45
Target(s): 52.50
Current Gain/Loss: + 1.4%

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:
03/20/14: Today's move in LOGM looks like a new entry point. The stock dipped to its simple 10-dma and bounced. I am raising our stop loss to $44.45.

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

03/20/14 new stop @ 44.45
03/18/14 adjust exit target from $49.85 to $52.50
03/17/14 triggered @ 46.15



NanoString Technologies - NSTG - close: 20.79 change: +0.19

Stop Loss: 19.45
Target(s): to be determined
Current Gain/Loss: -0.3%

Entry on March 20 at $20.85
Listed on March 19, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 141 thousand
New Positions: see below

Comments:
03/20/14: Our new play on NSTG is open. The plan was to launch bullish positions at $20.85. Shares hit that level this morning. I would still consider new positions now at current levels.

Earlier Comments:
NSTG can be a volatile stock and with any biotech stock I suggest caution. We want to use small positions to limit our risk. I am not setting an exit target yet but probably somewhere near $25.00. The Point & Figure chart for NSTG is bullish with a $33.50 target.

*small positions*

current Position: Long NSTG stock @ $20.85

03/20/14 triggered $ 20.85



Quanta Services, Inc. - PWR - close: 36.57 change: +0.45

Stop Loss: 34.85
Target(s): 39.85
Current Gain/Loss: + 1.4%

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:
03/20/14: PWR had us worried last week with a multi-day decline. Shares have since recouped nearly all of their losses. Traders bought the dip again today near $36 and 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.



Sierra Wireless Inc. - SWIR - close: 23.86 change: -0.11

Stop Loss: 23.40
Target(s): 29.75
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 18, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 857 thousand
New Positions: Yes, see below

Comments:
03/20/14: SWIR briefly traded below its simple 10-dma before bouncing. The stock spent most of the session consolidating sideways. I don't see any changes from our Tuesday night new play description.

Earlier Comments:
The last week and a half look like a sideways consolidating and SWIR is on the verge of breaking out again. I see short-term resistance near $24.50. We're suggesting a trigger to open small bullish positions at $24.55. More conservative investors may want to wait for a rally past Monday's high of $24.84 as an alternative entry point. The January highs near $26.35 could be potential resistance but we're aiming for $29.75. The Point & Figure chart for SWIR is bullish with a $42.50 target.

Trigger @ 24.55

Suggested Position: buy SWIR stock @ 24.55



Tyson Foods, Inc. - TSN - close: 42.29 change: +0.38

Stop Loss: 39.90
Target(s): 46.50
Current Gain/Loss: + 5.3%

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:
03/20/14: There was no follow through on yesterday's pullback in TSN. The stock bounced with a +0.9% gain and looks poised to hit new highs again tomorrow.

*small positions*

current Position: Long TSN stock @ $40.15

03/18/14 new stop @ 39.90, adjust exit target from $44.50 to $46.50
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: 50.63 change: +0.09

Stop Loss: 52.35
Target(s): 40.75
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:
03/20/14: It was a quiet day for CHRW with shares drifting sideways. The $50.00 level remains potential support. We want to launch bearish positions at $49.75.

Trigger @ 49.75

Suggested Position: short CHRW stock @ (trigger)

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

Buy the Apr $50 PUT (CHRW1419P50)

03/18/14 adjust exit target from $45.00 to $40.75



Pegasystems Inc. - PEGA - close: 38.21 change: -0.08

Stop Loss: 39.05
Target(s): 36.05
Current Gain/Loss: + 3.9%

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:
03/20/14: PEGA also spent Thursday's session drifting sideways. 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*

03/19/14 new stop @ 39.05
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: 33.94 change: -0.66

Stop Loss: 36.55
Target(s): 31.10
Current Gain/Loss: + 3.8%

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:
03/20/14: Good news! RAX continues to underperform the broader market and tagged new relative lows today.

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.



Theravance Inc. - THRX - close: 33.12 change: -1.24

Stop Loss: 34.75
Target(s): to be determined
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 17, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 761 thousand
New Positions: Yes, see below

Comments:
03/20/14: There was no follow through on yesterday's bounce in THRX. Shares reversed sharply with a plunge back toward short-term support near $33.00. The intraday low was $32.90.

Earlier Comments:
I am suggesting a trigger to open small bearish positions at $32.85. I am not setting a target yet but more conservative traders might want to exit near $30.00, which could be round-number support.

I want to remind investors that biotechs can be volatile stocks to trade. You may want to consider buying the put options as a way to limit your risk. THRX does have above average short interest. The most recent data listed short interest at 25% of the 58 million share float. That does raise the risk of a short squeeze.

It's also worth noting that THRX just announced plans to split their company into two listed companies sometime in the second quarter of this year.

FYI: The Point & Figure chart for THRX is bearish with a $25.00 target.

Trigger @ 32.85

Suggested Position: short THRX stock @ (trigger)

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

Buy the Apr $30 PUT (THRX1419P30)