Editor's Note:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Many of these need to see a break past key support or resistance:

(bullish ideas) CRM, FMX, RS, FMX, HP, GS, REGN, ALXN, NDSN, CHRW, NBL, CVS, AGU, ZMH, QCOM, SNI,



NEW DIRECTIONAL CALL PLAYS

Deere & Co - DE - close: 89.06 change: +1.38

Stop Loss: 88.25
Target(s): 99.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
Shares of DE, in the industrial goods sector, have slowly been making their way higher. Now DE is challenging major resistance at the $90.00 level. A breakout here could signal a run at its old highs.

I am suggesting a trigger to buy calls at $90.25. If triggered our target is $99.00. However, we do not want to hold over its mid February earnings report (still unconfirmed). FYI: The Point & Figure chart for DE is bullish with a $104 target.

Trigger @ 90.25

- Suggested Positions -

buy the Feb $90 call (DE1316B90) current ask $1.85

Annotated Chart:

Entry on January xx at $ xx.xx
Average Daily Volume = 2.3 million
Listed on January 09, 2012


Mohawk Industries - MHK - close: 94.53 change: +1.23

Stop Loss: 91.25
Target(s): 99.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
MHK is another industrial goods sector stock. Shares have rallied to new five-year highs. Today's gain (+1.3%) outperformed the major indices and pushed MHK above short-term support at $94.00. I am suggesting small bullish positions at the open tomorrow. We will start with a stop loss at 91.25. Our target is $99.00.

- Suggested Positions - *Small Positions*

buy the Feb $95 call (MHK1316B95) current ask $3.10

Annotated Chart:

Entry on January xx at $ xx.xx
Average Daily Volume = 787 thousand
Listed on January 09, 2012