Editor's Note:

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

(bullish ideas) TKR, CERN, RRGB, WPC, CLX, LYB, BDX, CRI, UTHR, SJM



NEW DIRECTIONAL CALL PLAYS

Harman Intl. Industries - HAR - close: 55.25 change: +0.30

Stop Loss: 54.40
Target(s): 59.75
Current Option Gain/Loss: Unopened
Time Frame: Exit PRIOR to earnings on August 6th
New Positions: Yes, see below

Company Description

Why We Like It:
HAR makes audio products and systems. The last few months have been volatile for HAR but the news has been positive. When HAR last reported earnings in early May the beat estimates and then raised guidance. Shares are currently trading near multi-year highs. The stock looks like it's consolidating sideways and coiling for another breakout higher again.

Tonight we are suggesting a trigger to buy calls at $56.10. More aggressive traders might want to jump in early at $55.60 instead. If the newsletter is trigger at $56.10 our target is $59.75. However, we will plan on exiting positions prior to the company's earnings report on August 6th. FYI: The Point & Figure chart for HAR is bullish with a long-term $81 target.

Trigger @ $56.10

- Suggested Positions -

Buy the Aug $57.50 call (HAR1317H57.5) current ask $1.65

Annotated Chart:

Entry on July -- at $---.--
Average Daily Volume = 785 thousand
Listed on July 13, 2013


Visteon Corp. - VC - close: 66.21 change: +0.37

Stop Loss: 64.40
Target(s): 72.50
Current Option Gain/Loss: Unopened
Time Frame: 2 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
VC is in the auto parts industry. The stock has rebounded sharply off its late June lows. That is where shares tested its long-term trend of support. Now VC is poised to breakout past resistance in the $66.00-66.50 zone. We are suggesting a trigger to buy calls at $66.75. If triggered our target is 72.50 but we will plan to exit prior to the company's earnings report. Right now it looks like VC is scheduled to report in early August but there is no confirmed date yet. FYI: The Point & Figure chart for VC is bullish with a $79 target.

Trigger @ 66.75

- Suggested Positions -

Buy the Aug $70 call (VC1317H70) current ask $1.25

Annotated Chart:

Entry on July -- at $---.--
Average Daily Volume = 484 thousand
Listed on July 13, 2013