Editor's Note:
Most of the major indices posted gains today but the small cap Russell 2000 index underperformed with a minor decline. That doesn't bode well for the market's rebound.

DNKN was stopped out. MTZ and NLNK hit our entry triggers.


Current Portfolio:


BULLISH Play Updates

Flotek Industries - FTK - close: 26.93 change: +0.17

Stop Loss: 25.95
Target(s): 29.50
Current Gain/Loss: + 7.1%

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:
03/25/14: FTK's early gains faded. The stock spent most of Tuesday drifting sideways.

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) -

(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.



Kandi Technologies - KNDI - close: 17.45 change: -0.15

Stop Loss: 17.60
Target(s): 24.00
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 22, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.2 million
New Positions: Yes, see below

Comments:
03/25/14: Traders bought the dip in KNDI near its 30-dma (near 16.70) two days in a row. Unfortunately shares still underperformed the market today with a -0.8% decline.

We are currently on the sidelines with a suggested entry point at $19.30. Let's see what happens tomorrow. If KNDI doesn't improve soon we will likely drop it.

Earlier Comments:
It is important to note that this trade is not without some risk. In KNDI's recent 10-K report they disclosed an SEC investigation that began last November. They haven't unveiled what the investigation is about yet. If there any new (negative) headlines about this investigation it could seriously hurt the stock price.

This is an aggressive, higher-risk trade due to the volatility in the stock and the SEC news. Keep position size small. Traders may want to buy the call options to limit your risk to the cost of your option.

Trigger @ 19.30 *small positions*

Suggested Position: buy KNDI stock @ (trigger)

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

buy the Apr $20 call (KNDI1419D20)



MasTec, Inc. - MTZ - close: 43.38 change: +0.13

Stop Loss: 41.75
Target(s): 49.75
Current Gain/Loss: - 0.4%

Entry on March 25 at $43.55
Listed on March 24, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 750 thousand
New Positions: see below

Comments:
03/25/14: As expected MTZ continued to push higher and shares rallied to new multi-year highs. Our suggested entry point was hit at $43.55. Traders may want to wait for a new rise past $43.55 before initiating new positions.

MTZ could see more short covering. The most recent data listed short interest at 15% of the 58.4 million-share float.

FYI: The Point & Figure chart for MTZ is bullish with a $70 target.

current Position: long MTZ stock @ $43.55

03/25/14 triggered @ 43.55



NewLink Genetics Corp. - NLNK - close: 28.92 change: -1.24

Stop Loss: 27.95
Target(s): 39.75
Current Gain/Loss: -6.0%

Entry on March 25 at $30.75
Listed on March 24, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 818 thousand
New Positions: see below

Comments:
03/25/14: It was a frustrating day for NLNK bulls. The stock rallied this morning only to reverse near $31.50. Shares are now down -8.3% from today's intraday high. Our suggested entry point was hit at $30.75 on the rise this morning but I am not suggesting new positions at the moment. Shares of NLNK have found support at their 100-dma multiple times over the past two weeks. We can look for a bounce near $28.35.

Earlier Comments:
The most recent data listed short interest at 23% of the small 19.7 million share float.

I do consider this an aggressive, higher-risk trade. Keep position size small to limit risk. Traders may want to use call options to limit their risk. Keep in mind the April options only have four weeks left.

*small positions*

current Position: long NLNK stock @ $30.75

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

Long Apr $35 call (NLNK1419D35) entry $0.85

03/25/14 triggered @ 30.75



NanoString Technologies - NSTG - close: 20.17 change: -0.26

Stop Loss: 19.45
Target(s): to be determined
Current Gain/Loss: -3.3%

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:
03/25/14: After spending today churning sideways NSTG underperformed the market with a -1.27% decline. I am not suggesting new positions at this time.

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: 36.35 change: -0.12

Stop Loss: 35.45
Target(s): 39.85
Current Gain/Loss: + 0.8%

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:
03/25/14: It was a disappointing session for PWR with a -0.3% decline. Traders may want to move their stop loss closer to the $36.00 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*

03/22/14 new stop loss @ 35.45
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.



Shenandoah Telecom - SHEN - close: 32.80 change: -0.47

Stop Loss: 31.75
Target(s): 39.50
Current Gain/Loss: -3.1%

Entry on March 24 at $33.85
Listed on March 22, 2014
Time Frame: 8 to 9 weeks
Average Daily Volume = 110 thousand
New Positions: see below

Comments:
03/25/14: I am suggesting caution on our SHEN trade. The stock is starting to flash some warning signals. Not only did SHEN underperform today (-1.4%) but today's move also created a bearish engulfing candlestick reversal pattern. I am not suggesting new positions.

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

*small positions to limit risk*

current Position: long SHEN stock @ $33.85

03/24/14 triggered @ 33.85



Tyson Foods, Inc. - TSN - close: 42.43 change: +0.06

Stop Loss: 40.65
Target(s): 46.50
Current Gain/Loss: + 5.7%

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:
03/25/14: Tuesday proved to be a quiet day for shares of TSN with the stock drifting inside a narrow range. I am not suggesting new positions at this time.

*small positions*

current Position: Long TSN stock @ $40.15

03/22/14 new stop @ 40.65
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

Rackspace Hosting - RAX - close: 33.86 change: +1.14

Stop Loss: 35.75
Target(s): 31.10
Current Gain/Loss: + 4.0%

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:
03/25/14: Morgan Stanley upgraded shares of RAX this morning and the stock gapped open higher at $34.51 and rallied toward resistance near $36 and its 50-dma before trimming its gains. The stock settled with a +3.48% bounce. Today's intraday high was $35.70. We are moving our stop loss down to $35.75. I am not suggesting new positions at this time.

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*

03/25/14 new stop @ 35.75 (shares were upgraded this morning)
03/22/14 new stop @ 36.05
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: 31.16 change: -0.21

Stop Loss: 34.75
Target(s): to be determined
Current Gain/Loss: + 5.1%

Entry on March 21 at $32.85
Listed on March 17, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 761 thousand
New Positions: see below

Comments:
03/25/14: THRX is still sinking with another -0.66% decline on Tuesday. This stock is now down four days in a row. I am not suggesting new positions at this time.

Earlier Comments:
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.

current Position: short THRX stock @ $32.85

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

Long Apr $30 PUT (THRX1419P30) entry $0.90*

03/21/14 triggered @ 32.85
*option entry price is an estimate since the option did not trade at the time our play was opened.




CLOSED BULLISH PLAYS

Dunkin' Brands Group - DNKN - close: 50.55 change: -0.76

Stop Loss: 50.65
Target(s): 57.50
Current Gain/Loss: + 0.0%

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:
03/25/14: The profit taking in DNKN continued on Tuesday and shares broke down below support near $51.00. Our stop loss was hit at $50.65.

closed Position: long DNKN stock @ $50.65 exit $50.65 (+0.0%)

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

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

03/25/14 stopped out
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.

chart: